UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
oForm 10-K o Form 20-F o Form 11-K x Form 10-Q o Form N-SAR
o Form C-SAR
For the Period Ended: September 30, 2006
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
Full Name of Registrant: | QPC Lasers, Inc. |
Former Name if Applicable: | Planning Force, Inc. |
Address of Principal Executive Office: | 15632 Roxford Street |
City, State, and Zip Code: | Sylmar, California 91342 |
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 12(b)-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 or 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 of the 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 the reasons why Form 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report portion thereof could not be filed within the prescribed time period.
QPC Lasers, Inc. (the “Registrant”) could not complete the filing of its Quarterly Report on Form 10-QSB for the period ended September 30, 2006 within the prescribed period because certain information and data relating to and necessary for the completion of the Registrant’s financial statements and management’s discussion and analysis, in particular the valuation of the embedded derivative liability at option and warrant grant date and the impact on accumulated deficit at December 31, 2005 due to income/loss on derivatives could not be obtained by the Registrant within such time period without unreasonable effort or expense.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
George Lintz
Chief Financial Officer
QPC Lasers, Inc.
(818) 986-0000
(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 the answer is no, identify the 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.
QPC Lasers anticipates a significant increase in revenue, cost of goods and general and administration costs due to increased sales and marketing efforts
QPC Lasers, 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: November 14, 2006
/s/ George Lintz | |
By: George Lintz | |
Chief Financial Officer |