UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Form 10-QSB for the Quarterly Period Ended October 31, 1996
Commission File No. 2-33256
Cusip No. 891305 10 4
PART I REGISTRANT INFORMATION
Torotel, Inc.
13402 South 71 Highway
Grandview, MO 64030
PART II RULES 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 if appropriate)
Yes X No
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense; and
(b) The subject quarterly report on Form 10-QSB will be filed on
or before the fifth calendar day following the prescribed due date.
(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 the Form 10-QSB could
not be filed within the prescribed time period.
On or about November 25, 1996, Torotel, Inc. filed a Form 8-K disclosing
certain prior conduct of employees at Torotel Products, Inc.("TTP"), a wholly-
owned subsidiary of Torotel, Inc.. This matter concerns the failure of TTP to
conduct a certain "thermal shock" test required by its contract with its
customers. The failure to test was first discovered by new management in
mid-September in connection with its review of certain processes. The firm
of Polsinelli, White, Vardeman & Shalton was retained to conduct a
preliminary investigation. Management was assisting with this investigation,
which limited the time available to complete Form 10-QSB. Torotel, Inc. will
file Form 10-QSB within the next five days.
PART IV OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
H. James Serrone
(816) 761-6314
(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 been filed? If the answer is no,
identify report(s).
Yes X 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?
Yes No X
TOROTEL, INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: December 13, 1996 /s/ H. James Serrone
H. James Serrone
Vice President of Finance and
Chief Financial Officer
