UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Commission File No.:0-3936
CUSIP Number: 685559-30-4
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): Form 10-K Form 20-F Form 11-K X Form 10-Q
--
Form 10-D Form N-SAR Form N-CSR
For Period Ended: JUNE 30, 2009
-------------
|
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
Read Instruction (on back page) Before Preparing Form. Please Print or Type
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
Full Name of Registrant
ORBIT INTERNATIONAL CORP.
Former Name if Applicable
N/A
Address of Principal Executive Office (Street and Number)
80 CABOT COURT
City, State and Zip Code
HAUPPAUGE, NEW YORK 11788
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) X
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on
Form 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 or
subject distribution report on Form 10-D, 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 why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR,
N-CSR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant is unable to file its Report on Form 10-Q for the Quarter
ended June 30, 2009 within the prescribed time period without unreasonable
effort and expense. Specifically, the Registrant has failed to meet certain
financial covenants contained in its credit facility with its primary lender
and, in connection therewith, is negotiating with its primary lender an
amendment to and waiver with respect to such facility. The results of such
negotiations may impact certain portions of its Report on Form 10-Q for the
Quarter ended June 30, 2009. The Registrant will file the Report promptly upon
the finalization of such negotiations and, in any event, within the grace period
provided under Rule 12b-25.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
MITCHELL BINDER (631) 435-8300
(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 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 recorded a net loss of $347,000 and net income of $6,000 for
the six and three months ended June 30, 2009, respectively, compared to a net
loss of $295,000 and $306,000 for the comparable 2008 periods, respectively. The
Company's net loss for the six months ended June 30, 2009 increased from the
comparable period in 2008 due mainly to a delay in receipt of a significant
order by the Company's Electronics Group in the current year period. The
Company's net income for the three months ended June 30, 2009 increased from the
comparable period in 2008 due mainly to shipment delays in the prior year period
relating to customer driven enhancements required for shipment of product on a
significant program for which the Company is under contract.
ORBIT INTERNATIONAL CORP.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date August 14, 2009 By:/s/Mitchell Binder
--------------- ------------------
Mitchell Binder, Executive Vice President
|
INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
Orbit (PK) (USOTC:ORBT)
過去 株価チャート
から 6 2024 まで 7 2024
Orbit (PK) (USOTC:ORBT)
過去 株価チャート
から 7 2023 まで 7 2024
