UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 SEC FILE NUMBER NOTIFICATION OF LATE FILING 0-14204 FORM 10-KSB CUSIP NUMBER 237737 10 1 For Period Ended: September 30, 1997 [Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.] PART I - REGISTRANT INFORMATION DATA NATIONAL CORPORATION ----------------------- Full Name of Registrant Not Applicable ------------------------- Former Name if Applicable 11415 West I-70 Frontage Road North --------------------------------------------------------- Address of Principal Executive Office (Street and Number) Wheat Ridge, Colorado 80033 --------------------------- 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) (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, 11-K, Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the [X] prescribed due date; or the subject quarterly report of 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 has been attached if applicable. PART III - NARRATIVE State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. For the past several months the Registrant has been engaged in negotiations with a third party regarding a significant debt financing which was only recently consummated. Because of its limited staff and a perceived need to consummate the financing for business reasons, the Registrant was not able to complete the subject report within the time period specified. PART IV - OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification. Stanley F. Freedman 303/893-2300 ------------------- ----------------------------- (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 reports) been filed? If 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 qualitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. The Registrant expects to report a net loss of $324,711 for the fiscal year ended September 30, 1997, compared to net income of $36,798 for the prior fiscal year. - ------------------------------------------------------------------------------ DATA NATIONAL CORPORATION ------------------------------------------- (Name of Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. DATA NATIONAL CORPORATION By/s/ Richard S. Simms Richard S. Simms Chief Financial Officer Date: December 29, 1997 [ATTENTION: Intentional misstatements of omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).]