SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File Number 0-4465
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(Check One): |X| Form 10-K |_| Form 11-K |_| Form 20-F |_| Form 10-Q
|_| Form N-SAR
For Period Ended: November 30, 2000
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|_| 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 From 11-K
For the Transition Period Ended:
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Read attached instruction sheet 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 related to a portion of the filing check above,
identify the item(s) to which the notification relates:
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PART I
REGISTRANT INFORMATION
Full name of registrant eLEC COMMUNICATIONS CORP.
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Former name if applicable
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Address of principal executive office (Street and number)
509 Westport Avenue
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City, state and zip code Norwalk, Connecticut 06851
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Part II
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.)
|X| (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 on Form 10-K will be filed on or
before the fifteenth calendar day following the prescribed
due date;
|X| (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
Part III
State below in reasonable detail the reasons why Form 10-K could not be
filed within the prescribed period.
The preparation of our Annual Report on Form 10-K for the
fiscal year ended November 30, 2000, was delayed due to the late
receipt of certain information requested by our auditors so that they
could complete their audit procedures. We were able to file on March 1,
2001, which consequently required the filing of this Form 12b-25 to
obtain an extension of the filing date.
As a result of the foregoing, our Annual Report on Form 10-K
for the year ended November 30, 1999, was not completed and filed until
March 1, 2001.
Part IV
(1) Name and telephone number of person to contact in regard to
this notification.
Eric M. Hellige (212) 421-4100
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(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 twelve
months or for such shorter period that the registrant was
required to file such report(s) been filed? If the answer is
no, identify such reports.
Yes |X| No |_|
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(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? 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.
Yes |X| No |_|
See attached press release incorporated herein be reference thereto.
eLEC COMMUNICATIONS CORP. has caused this notification to be signed on
its behalf by the undersigned thereunto duly authorized.
Date: March 1, 2001 By: /s/ Paul H. Riss
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Name: Paul H. Riss
Title: Chief Executive Officer
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February 28, 2001
Mr. Paul Riss
Chief Executive Officer
eLEC Communications Corp.
509 Westport Avenue
Norwalk, Connecticut, 06851
Dear Mr. Riss:
At your request, we are summarizing below the reasons that eLEC Communications
Corp. should request an extension for filing of the Company's annual report on
Form 10K with the Securities and Exchange Commission (SEC).
We received, too late, certain information that we had requested in order to
complete the audit procedures related to our audit of the Company's financial
statements for the year ended November 30, 2000.
For this reason, we believe that the Company should request an extension for
filing the Company's 2000 annual report on Form 10K with the SEC.
Very truly yours,
/s/ Steven Wolpow
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Steven Wolpow
For the Firm
Nussbaum Yates & Wolpow, P.C.
Certified Public Accountants
Melville, New York
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