UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Form 10-KSB for the Fiscal Year Ended April 30, 1998
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 annual report on Form 10-KSB will be filed on or before the
fifteenth 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-KSB could not be
filed within the prescribed time period.
Information required from third parties was not received in a timely manner
for management to prepare certain disclosures plus allow time for the review
by the company's independent auditors. In addition, company personnel have
spent some time researching and preparing information for use in negotiating
the terms and structure of the business transaction with Caloyeras, Inc.,
which was recently disclosed.
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: July 28, 1998
/s/ H. James Serrone
H. James Serrone
Vice President of Finance and
Chief Financial Officer
