Notification That Quarterly Report Will Be Submitted Late (ntn 10q)
2014年5月20日 - 4:49AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number 0-30810
CUSIP Number 285617106
(Check one)
:
|
o
Form 10-K
o
Form 20-F
o
Form 11-K
x
Form 10-Q
o
Form 10-D
o
Form N-SAR
o
Form N-CSR
|
|
For Period Ended:
March 31, 2014
|
|
|
|
o
Transition Report on Form 10-K
|
|
o
Transition Report on Form 20-F
|
|
o
Transition Report on Form 11-K
|
|
o
Transition Report on Form 10-Q
|
|
o
Transition Report on Form N-SAR
|
|
For the Transition Period Ended: ______________________________
|
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:
PART I REGISTRANT INFORMATION
Electronic Control Security Inc.
Full Name of Registrant
790 Bloomfield Avenue
Address of Principal Executive Office
Clifton, NJ 07012
City, State and Zip Code
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 box if appropriate)
|
(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 Forms 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB, 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 reason why Forms 10-K, 20-F,
11-K, 10-QSB, 10-D, N-SAR, N-CSR or the transition report portion thereof could not be filed within the prescribed time period.
The registrant’s Qnnual Report on Form 10-Q for the fiscal
quarter ended March 31, 2014 could not be filed by the prescribed due date of May 15, 2014 because registrant had not yet finalized
its treatment and disclosure of certain material events that occurred during the quarter. As a result, the review of registrant’s
interim financial statements is ongoing. Accordingly, the registrant is unable to file such report within the prescribed time period
without unreasonable effort or expense. The registrant anticipates that the subject annual report will be filed on or before May
20, 2014.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
Daryl Holcomb, Chief Financial Officer (973) 574-8555
(2) Have
all other periodic reports required under Section 13 or 15(d) or 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). Yes
x
No
o
(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?
Yes
x
No
o
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reason why a reasonable estimate of the results cannot be made.
For the quarter ended
March 31, 2013, the registrant had revenues of $81,990 and a net loss of $388,281. For the quarter ended March 31, 2014, the registrant
currently estimates that it had revenues of approximately $76,197 and a net loss of approximately $296,770. Results for the 2014
period remain subject to further adjustment.
The decrease in revenues
during the 2014 period as compared to the 2013 period is primarily attributable to the decrease in deliverable products and support
services billings resulting from continuing delays in release of funding at the Department of Defense and Department of Energy
on projects where we serve as a prime contractor and as a subcontractor. The budget constraints and budget uncertainty at the U.S.
government agencies have significantly reduced the issuance of orders and delayed projects for all participants in our industry. The
net loss for the 2014 period is primarily attributable to the reduced revenues, partially offset by reductions in costs and expenses.
This Notification of
Late Filing on Form 12b-25 contains forward-looking statements, including forward-looking statements relating to the Registrant's
financial results for the quarter ended March 31, 2014. These statements are based on management's current expectations and involve
a number of risks and uncertainties, including risks described in our filings with the Securities and Exchange Commission. The
Registrant's actual results may differ materially from the Registrant's anticipated or expected results and the results in the
forward-looking statements.
Electronic Control Security 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: May 16, 2014
|
By:
|
/s/ Daryl Holcomb
|
|
|
Daryl Holcomb
|
|
|
Chief Financial Officer
|
|
Electronic Control Secur... (CE) (USOTC:EKCS)
過去 株価チャート
から 11 2024 まで 12 2024
Electronic Control Secur... (CE) (USOTC:EKCS)
過去 株価チャート
から 12 2023 まで 12 2024