SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 12b25 SEC FILE NUMBER: 0-12141 CUSIP Number: 594911109 NOTIFICATION OF LATE FILING Form 10-K For Period Ended: June 30, 1994 ______________________________________________________ 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 Items(s) to which the notification relates: _______________________________________________________ Part 1 - Registrant Information _______________________________________________________ Full Name of Registrant: MICRO SECURITY SYSTEMS, INC. Former Name if Applicable: _______________________________________________________ Address of Principal Executive Office (Street and Number) : 150 Wright Brothers Drive #560 _______________________________________________________ City, State and Zip Code Salt Lake City, Utah 84116 _______________________________________________________ Part II - Rules 12b-25 (b) and (c) If the subject report could not be filed without reasonable 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 thereof will be filed on or before the fifteenth 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, 11-K, 20-F or 10-Q or portion thereof could not be filed within the prescribed time period: The Company 's current financial requires the court to grant the appointment of professionals to perform the audit. This matter will come before the court on October 3, 1994. The subject report cannot be filed timely without undue expense and hardship. _______________________________________________________ Part IV - Other Information _______________________________________________________ (1) Name and telephone number of person to contact in regard to this notification: Daniel C. Maxwell Telephone No. (801) 575-6600 (2) Have all other periodic reports required (under Section 13 or 15(d) of the Securities Exchange Act of 1934) during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) been filed? If answer no identify reports(s): /Yes/ (3) It is anticipated that any significant change in results of operations from the corresponding period for the last fiscal quarter will be reflected by the earnings statements to be included in the subject report or portion thereof: /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 can not be made: See Attached. MICRO SECURITY SYSTEMS, INC. has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: September 30, 1994 ________________________ By: Daniel C. Maxwell Vice President, Chief Executive Officer and Chief Financial Officer