U. S. Securities and Exchange Commission
Washington, D.C. 20549
FORM 12b-25 ---------------
SEC FILE NUMBER
NOTIFICATION OF LATE FILING 0-31729
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(Check One): ( )Form 10-K and Form 10-KSB ( )Form 20-F ( )Form 11-K
(X)Form 10-Q and Form 10-QSB ( )Form N-SAR
For Period Ended: September 30, 2000
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( ) 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: _____________________
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Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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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
Clariti Telecommunications International, Ltd.
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Full Name of Registrant
1735 Market Street, Mellon Bank Center, Suite 1300
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Address of Principal Executive Office (Street and Number)
Philadelphia, PA 19103
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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)
(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, semi-annual report, transition report on
Form 10-K, Form 10-KSB, Form 20-F, Form 11-K, 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 Form 10-QSB, or portion thereof will
be filed on or before the fifth calendar day following the prescribed
due date.
( ) (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached, if applicable.
PART III - NARRATIVE
On October 15, 2000, James M. Boyd, Jr., the Registrant's Vice President of
Finance and Chief Accounting Officer, was severely injured in an accident and
has been unable to return to work since then. Mr. Boyd has historically played
an integral part in the process of preparing the Registrant's Form 10-Q's. As a
result, it is management's opinion that financial statements for the three-
month period ended September 30, 2000 cannot be completed by November 14, 2000
(the original due date for Form 10-Q) without unreasonable effort or expense.
Management expects to file a completed Form 10-Q for the quarter ended
September 30, 2000 on or before November 20, 2000.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
William Eisenstadt 215 979-3600
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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 during the preceding 12 months been
filed? (X)Yes ( )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 statement to be included in the subject report thereon?
(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.
Explanation:
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Registrant incurred net income of $27,961,000 (including an extraordinary
gain of $32,502,000) for the three-month period ended September 30, 1999.
Final consolidated results of operations for the three-month period ended
September 30, 2000 ("Fiscal 1Q01") have not yet been completed. Fiscal
1Q01 results will not include an extraordinary gain, but they will include
the results of operations of NKA Communications Pty. Ltd. and Tekbilt World
Communications, Inc., which were acquired in October 1999 and December
1999, respectively.
Clariti Telecommunications International, Ltd.
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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.
Date: November 14, 2000 By: s/William Eisenstadt
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William Eisenstadt
Vice President of Law
and General Counsel
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