UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
Commission File Number 1-14742
NOTIFICATION OF LATE FILING
(Check One): |_| Form 10-K |X| Form 20-F |_| Form 11-K |_| Form 10-Q
|_| Form N-SAR |_| Form N-CSR
For Period Ended: December 31, 2003
|_| 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:
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.
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:__________________________________
________________________________________________________________________________
________________________________________________________________________________
PART I -- REGISTRANT INFORMATION
Full Name of Registrant: Technoprises Ltd. (previously BVR Technologies Limited)
Former Name if Applicable:
Address of Principal Executive Office (Street and number): 12 Raoul Wallenberg
City, state and zip code: Tel-Aviv, Israel 69719
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;
|X| (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion
thereof, will be filed on or before the fifteenth calendar day
following the 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(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant's Annual Report on Form 20-F for the fiscal year ended December
31, 2003, could not be filed within the prescribed time period since the
Registrant and its accounting staff have devoted substantial time and efforts to
finalizing its accounting in connection with certain transactions that took
place during the fiscal year. As a result, the financial statements of the
Registrant for the fiscal year ended December 31, 2003 and the notes thereto,
are in the process of being completed.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Adam Ofek 972-3 766-5100
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under YES No
Section 13 or 15(d) of the Securities Exchange Act
of 1934 or Section 30 of the Investment Company Act |X| |_|
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
answer is no, identify report(s).
(3) Is it anticipated that any significant change in YES No
results of operations from the corresponding
period for the last fiscal year will be reflected |_| |X|
by the earnings statements to be included in the
subject report or portion thereof?
If so, attach an explanation of the anticipated
change, both narratively and quantitatively, and,
if appropriate, state the reasons why a reasonable
estimate of results cannot be made.
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Technoprises Ltd.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date June 30, 2003 By: /s/ Adam Ofek
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Adam Ofek, President and
Chief Financial 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.
ATTENTION
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Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (See 18 U.S.C. 1001).
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