UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One)
_X_ Form 10-K
___ Form 20-F
___ Form 11-K
___ Form 10-Q
___ Form N-SAR
___ Form N-CSR
For Period Ended: December 31, 2007
[ ] 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 ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE
Nothing in the 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
TELANETIX, INC.
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Full Name of Registrant
AER Ventures, Inc.
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Former Name if Applicable
6197 Cornerstone Court E, Suite 108
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Address of Principal Executive Office (STREET AND NUMBER)
San Diego, CA 92121
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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 Form 10-K, Form 20-F, 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 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 the Form 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach Extra Sheets if Needed)
The registrant is revaluing the calculation of warrant values, and correspondingly debt discount and warrant expense, for warrants issued in connection with certain financing transactions in 2006 and 2007. The adjustments are non-cash based and do not affect operating income or cash flows. The valuations were originally performed on a Black Scholes model and are now being evaluated using a binomial valuation model. A final determination has not been made. A change in valuation methodology may result in a change in debt discount and a change in fair market value of the warrants for the periods ended 2006 and 2007.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Rick Ono (858) 362-2250
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(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
or such shorter period that the registrant was required to file
such reports 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 subjectreport or portion thereof? ___Yes _X_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.
TELANETIX, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
TELANETIX, INC.
Date: March 31, 2008 By: /s/ Rick Ono
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Rick Ono, Chief Financial Officer
