U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
000-26889
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CUSIP NUMBER
48081510-9
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[ ] Form 10-K [ X ] Form 10-Q
For Period Ended: For Period Ended: March 31, 2001
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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:__________________________________
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Part 1 - Registrant Information
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Address of Principal Executive Office:
Jore Corporation
45000 Highway 93 South
Ronan, Montana 59864
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Part 2 - 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) [ X ], the following
should be completed.
(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 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 been attached if applicable.
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Part 3 - Narrative
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As discussed in the Form 10-K recently filed by the Company, it is in violation
of several covenants under various of its lending facilities, and, accordingly,
faces severe liquidity problems. The Company is continuing negotiations with its
lenders regarding additional funding to continue its operations, and forbearance
under its equipment financing facilities, and with third parties for strategic
alliances or other transactions, all of which have a significant impact on the
Company's financial disclosures. Additional time is needed to obtain more
clarity on these impacts and to properly disclose them.
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Part 4 - Other Information
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(1) Name and telephone number of person to contact in regard to this
notification:
Monte W. Giese (406) 676-4900
(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
If so, attach an explanation of the anticipated change, both narratively and
quantitively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
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Jore Corporation
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 15, 2001 By: /s/ Monte W. Giese
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Chief Financial Officer