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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION --------------------------
Washington, D.C. 20549 OMB Number:
3235-0058
FORM 12b-25 Expires:
January 31, 2005
NOTIFICATION OF LATE FILING
Estimated
(Check One): [X] Form 10-K [ ] Form 20-F [ ] Form 11-K Average burden
[ ] Form 10-Q [ ] Form N-SAR Hours per
Response 2.50
For Period Ended: March 31, 2003 --------------------------
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F --------------------------
[ ] Transition Report on Form 11-K SEC FILE NUMBER
[ ] Transition Report on Form 10-Q 0-32789
[ ] Transition Report on Form N-SAR --------------------------
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CUSIP NUMBER
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For the Transition Period Ended: ___________________________
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Read Instruction (on back page) 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.
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If the notification relate to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
EMTEC, INC.
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Full Name of Registrant
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Former Name if Applicable
817 East Gate Drive
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Address of Principal Executive Office (Street and Number)
Mt. Laurel, New Jersey 08054
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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)
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 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
[x] 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(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
(Attach extra sheets if needed)
The Registrant's annual report on Form 10-K could not be filed within
the prescribed time period due to the inability of the Registrant's accountants
to complete their audit. However, the audit will be available prior to the end
of the extension period.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Helise Harrington 212 768-6700
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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 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorted
period that the registrant was required to file such report(s) 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 quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
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EMTEC, INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: July 1, 2003 By: /s/John Howlett
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Chief Executive Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
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ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
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GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the
General Rules and Regulations under the Securities and Exchange Act of
1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and
Exchange Commission, Washington, D.C. 20549, in accordance with Rule
0-3 of the General Rules and Regulations under the Act. The information
contained in or filed with the form will be made a matter of public
record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be
filed with each national securities exchange on which any class of
securities of the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but
need not restate information that has been correctly furnished. The
form shall be clearly identified as an amended notification.
5. Electronic Filers. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties.
Filers unable to submit a report within the time period prescribed due
to difficulties in electronic filing should comply with either Rule 201
or Rule 202 of Regulation S-T ((S)232.201 or (S)232.202 of this
chapter) or apply for an adjustment in filing date pursuant to Rule
13(b) of Regulation S-T ((S)232.13(b) of this chapter).
SEC 1344 (2-99)
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RIDER TO PART IV, SECTION (3)
Registrant anticipates that it will report net income (loss) of
($211,000) or ($0.03) per share, upon net revenues of $92.26 million for
the year ended March 31, 2003 as compared to a net income (loss) of
$216,972, or $.03 per share, upon net revenues of $62.66 million for the
year ended March 31, 2002.
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