TOKHEIM CORP
NT 10-Q, 1999-07-16
REFRIGERATION & SERVICE INDUSTRY MACHINERY
Previous: TECH SYM CORP, 8-K, 1999-07-16
Next: TSI INC /MN/, DEFA14A, 1999-07-16




                     SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549

                                FORM 12b-25

                                            Commission File Number   1-6018


                         NOTIFICATION OF LATE FILING

 (Check One):   (  ) Form 10-K    (  ) Form 11-K     (  ) Form 20-F
                (X ) Form 10-Q    (  ) Form N-SAR


      For Period Ended:  May 31, 1999

 (  ) Transition Report on Form 10-K   (  ) Transition Report on Form 10-Q
 (  ) Transition Report on Form 20-F   (  ) Transition Report on Form N-SAR
 (  ) Transition Report on Form 11-K

      For the Transition Period Ended:  Not Applicable

      Nothing in this form shall be construed to imply that the Commission
 has verified any information contained herein.

      If the notification relates to a portion of the filing checked above,
 identify the item(s) to which the notification relates:  Not Applicable

                                  PART I
                         REGISTRANT INFORMATION

 Full name of registrant   TOKHEIM CORPORATION

 Address of principal executive office (Street and number)
                            10501 CORPORATE DRIVE

 City, State and Zip Code   FORT WAYNE, IN  46845

                                 PART II
                       RULE 12b-25 (b) AND (c)

      If the subject report could not be filed without unreasonable effort
 or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
 following should be completed.  (Check box if appropriate.)

     (X) (a)   The reasons described in reasonable detail in Part III of
               this form could not be eliminated without unreasonable effort
               or expense;
     (X) (b)   The subject annual report, semi-annual report, transition
               report on Form 10-K, 20-F, 11-K, or Form N-SAR, or portion
               thereof will be filed on or before the 15th calendar day
               following the prescribed due date; or the subject quarterly
               report or transition report on Form 10-Q, or portion thereof
               will be filed on or before the fifth calendar day following
               the prescribed due date; and
     ( ) (c)   The accountant's statement or other exhibit required
               by Rule 12b-25(c) has been attached if applicable.

                                  PART III
                                 NARRATIVE

      State below in reasonable detail the reasons why Form 10-K, 11-K,
 20-F, 10-Q, N-SAR or the transition report portion thereof could not be
 filed within the prescribed time period.  (Attach extra sheets if needed)

      Tokheim Corporation ("the Company") has had significant difficulty
 during the finalization of the results for purposes of its Form 10-Q
 filing in obtaining sufficiently detailed information. The Company has
 consolidated its operations with the global operations of the RPS Division
 (the "RPS Division") that the Company acquired on September 30, 1998.
 During this consolidation, numerous personnel changes have occurred,
 which, combined with the closing of several facilities around the world
 and other related consolidation endeavors, has made information retrieval
 from foreign operations extremely difficult and time-consuming. This has
 delayed our ability to obtain the appropriate information to prepare the
 Form 10-Q. The Company expects to have this information available shortly,
 and will file its quarterly report on Form 10-Q as soon as practicable
 thereafter.

                                  PART IV
                            OTHER INFORMATION

      (1)  Name and telephone number of person to contact in regard to this
 notification

           John A. Negovetich         (219)                  470-4600
                (Name)             (Area Code)        (Telephone Number)

      (2)  Have all other periodic reports required under Section 13 or
 15(d) of the Securities Exchange Act of 1934 or Section 30 of the
 Investment Company Act of 1940 during the preceding 12 months or for such
 shorter period that the registrant was required to file such report(s) been
 filed?  If the answer is no, identify report(s).

                                                      (X) Yes   (  ) No

      (3) Is it anticipated that any significant change in results of
 operations from the corresponding period for the last fiscal year will be
 reflected by the earnings statements to be included in the subject report
 or portion thereof?
                                                      (X) Yes   (  ) No

      If so: attach an explanation of the anticipated change, both
 narratively and quantitatively, and, if appropriate, state the reasons why
 a reasonable estimate of the results cannot be made.

      The Company will experience an estimated net loss of $5.0 million for
 the second quarter of 1999, compared with a net loss of $2.9 million for
 the second quarter of 1998.  The primary reason for this is the increased
 interest, depreciation and amortization charges associated with the
 acquisition of the RPS Division, which was acquired by the Company on
 September 30, 1998.


                           TOKHEIM CORPORATION
               (Name of Registrant as Specified in Charter)

 Has caused this notification to be signed on its behalf by the undersigned
 thereunto duly authorized.

 Date:  July 16, 1999             By:  /s/ John A. Negovetich
                                  Name:  John A. Negovetich
                                  Title: Executive Vice President, Finance
                                           and Administration and Chief
                                           Financial Officer




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission