SEC FILE NUMBER
0-28348
UNITED STATES CUSIP NUMBER
SECURITIES AND EXCHANGE COMMISSION 233041 30 0
WASHINGTON, D.C. 20549
FORM 12b - 25
NOTIFICATION OF LATE FILING
(Check One): |X| Form 10-KSB |_| Form 20-F |_| Form 11-K |_| Form 10-QSB
|_| Form N-SAR
For Period Ended: December 31, 2001
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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: __________________________
If the notification relates 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
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DBS INDUSTRIES, INC.
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Full Name of Registrant
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Former Name if Applicable
100 Shoreline Highway, Suite 190A
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Address of Principal Executive Office (Street and Number)
Mill Valley, CA 94941
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City, State and Zip Code
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PART II -- RULES 12b - 25(b) and (c)
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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 expense;
[_] (b) The subject annual report, semi-annual report, transition
report on Form 10-KSB, Form 20-K, Form 11-K, Form N-SAR or
a 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-QSB or a 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.
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PART III -- NARRATIVE
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State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q,
N-SAR, transition report or a portion thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
The Company requires additional time to complete the organization of its
Form 10-KSB for the fiscal year ended December 31, 2001.
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PART IV -- OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification.
RANDY STRATT (415) 380-8055
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(Name) (Area Code and 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?
[ ] Yes [X] No
DBS INDUSTRIES, INC.
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(Name of Registrant as specified in its charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: MARCH 29, 2002 By: /s/ FRED W. THOMPSON
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Fred W. Thompson,
Chief Executive Officer
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).