UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 | |
NOTIFICATION OF LATE FILING | SEC FILE NUMBER 000-27023 |
(Check One) oForm 10-K and Form 10-KSB o Form 20-F o Form 11-K x Form 10-Q and Form 10-QSB o Form N-SAR | CUSIP NUMBER 878379 20 5 |
For Period Ended: _September 30, 2005_________________________________
[ ] 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 Instructions (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:
N/A
PART I - REGISTRANT INFORMATION
Technest Holdings, Inc.
Full Name of Registrant
N/A
Former Name if Applicable
276 Washington Street, No 367
Address of Principal Executive Office (Street and Number)
Boston, MA 02108
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)
x 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 10-KSB, Form 20-F, Form 11-K or Form N-SAR, 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, Form 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 reasons why Form 10-K and Form 10-KSB, Form 20-F, Form 11-K, Form 10-Q and Form 10-QSB, Form N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.
(Attach Extra Sheets if Needed) | On August 17, 2005, the Company acquired EOIR Technologies, Inc., from Markland Technologies, Inc., the holder of a majority of the Company’s outstanding common stock. The Company requires additional time in order to adequately describe the effects of this transaction on the Company’s financial reports. |
PART IV - OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this notification
Gino Pereira
617
973 5104
(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 o 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 o 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.
During the corresponding period for the last fiscal year, Technest Holdings, Inc. had minimal activity. Since then the Company has acquired Genex Technologies, Inc. and EOIR Technologies, Inc.
Estimated revenues for the three months ended September 30, 2005 are approximately $19,000,000.
Estimated net profit applicable to common shareholders is approximately $50,000.
Technest Holdings, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date:
November 15, 2005
By: /s/ Gino Pereira
Gino Pereira, Chief Financial Officer
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.
