U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number 000-31171
CUSIP Number 00754H209
(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: MARCH 31, 2001
[ ] 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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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.
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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:
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PART I - REGISTRANT INFORMATION
ADVANCED PRECISION TECHNOLOGY, INC.
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Full Name of Registrant
(not applicable)
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Former Name if Applicable
2271-D SOUTH VASCO ROAD
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Address of Principal Executive Office (STREET AND NUMBER)
LIVERMORE, CA 94550
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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 20-F, 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 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 bee attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof, could not be filed within the prescribed time period.
The Company is unable to file its Quarterly Report on Form 10-QSB for the
quarter ended March 31, 2001 within the prescribed time period because the
Company is having difficulty obtaining certain information that is necessary
to the completion of the Form 10-QSB. The Company intends to file its
Quarterly Report on Form 10-QSB before the 5th calendar day following the
prescribed due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
BRUCE A. PASTORIUS 925 447-6900
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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 shorter
period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s). Yes [] No [X ]
Annual Report on Form 10-KSB for the fiscal year ended December 31,
2000.
(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 [ ]
Although the Company expects to report substantial losses for the
quarter ended March 31, 2001, the Company is unable to reasonably
estimate the amount of such losses as it has not yet obtained the
information necessary to make such estimate.
Advanced Precision Technology, Inc. has caused this notification to be
signed on its behalf by the undersigned hereunto duly authorized.
ADVANCED PRECISION TECHNOLOGY, INC.
/s/ Bruce A. Pastorius
By:___________________________________________________
Chairman, Chief Executive Officer and President
Date: May 14, 2001