UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Form 10-KSB for the Fiscal Year April 30, 1999
Commission File No. 1-8125
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
X (a) The reasons described in reasonable detail in
Part III of this form could not be eliminated
without unreasonable effort or expense; and
X (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 accountants 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.
On April 19, 1999, a transaction was completed whereby
Torotel sold substantially all of the assets of its wholly
owned subsidiary, OPT Industries, Inc. (OPT), which was
located in Phillipsburg, New Jersey. As a result of the
sale, management personnel have spent a substantial amount
of time on the transfer of OPTs accounting records and other
business matters to Torotels offices in Grandview, Missouri.
In addition, 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
Torotels independent auditors.
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, 1999 /s/ H. James Serrone
H. James Serrone
Vice President of Finance and
Chief Financial Officer
