SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 000-05940
NOTIFICATION OF LATE FILING
(Check One): [ ]Form 10-K [ ]Form 20-F [ ]Form 11-K
[ X ]Form 10-Q [ ]Form N-SAR
For Period Ended: MAY 31, 2002
-------------------------------------------
[ ]Transition Report on Form 10-K [ ]Transition Report on Form 10-Q
[ ]Transition Report on Form 20-F [ ]Transition Report on Form N-SAR
[ ]Transition Report on Form 11-K
For the Transition Period Ended:
------------------------
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 TEMTEX INDUSTRIES, INC.
-------------------------------------
Former name if applicable
-------------------------------------
Address of principal executive office (Street and number)
5400 LBJ FREEWAY, SUITE 1375
- --------------------------------------------------------------
City, state and zip code DALLAS, TEXAS 75240
-------------------------------------
PART II
RULE 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 appropriate box.)
(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, 20-F, 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,
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,
11-K, 20-F, 10-Q, N-SAR or the transition report portion thereof
could not be filed within the prescribed time period.
See Attachment III
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification:
J. David Washburn 214 761-4309
------------------------------------------------------------
(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 the 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.
See Attachment IV
TEMTEX INDUSTRIES, 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: July 15, 2002 By: /s/ LEE DELOZIER
---------------- ---------------------------
Name: Lee Delozier
---------------------------
Title: Principal Financial and
Accounting Officer
---------------------------
Attachment III
to Notification of Late Filing of Form 10-Q
for the Quarter Ended May 31, 2002
The Registrant was unable to file on July 15, 2002, its
Quarterly Report on Form 10-Q for the quarter ended May
31, 2002 ("Form 10-Q") because, among other reasons,
the Registrant changed its auditors on July 1, 2002.
The Registrant expects, however, to be in a position to
file the Form 10-Q, on or before July 20, 2002.
Attachment IV
to Notification of Late Filing of Form 10-Q
for the Quarter Ended May 31, 2002
For the quarter ended May 31, 2002, the Registrant
expects to report an estimated net loss of
approximately $1.33 million on estimated revenues of
$5.73 million as compared to a reported net loss of
$1.85 million on reported revenues of $5.04 million for
the quarter ended May 31, 2001. The foregoing revenue
and loss projections are forward-looking statements
based on the Registrant's assumptions and estimates of
the results to be reported in its Form 10-Q to be filed
on or before July 20, 2002. No independent accountant
has expressed an opinion on these estimates.