AMERIRESOURCE TECHNOLOGIES INC
Form: NTN 10Q Filing Date: 3/29/99
SELECT FONT SIZE
TYPE: NTN 10Q
SEQUENCE: 1
DESCRIPTION: NOTICE OF INABILITY TO TIMELY FILE
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[X] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-QSB
For Period Ended: December 31, 1998
-----------------------
SEC FILE NUMBER 0-20033
CUSIP NUMBER 03072A 0 4
[X] Transition Report on Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-QSB
[ ] Transition Report on Form N-SAR
For Transition Period Ended: December 31, 1998
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: Entire Form 10-KSB
Part I - Registrant Information
Full Name of Registrant AmeriResource Technologies, Inc.
Former Name if Applicable N/A
Address of Principal Executive Office:
8815 Long Street
Lenexa, Kansas 66215
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-KSB, Form 2-F, 11-F, or From 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 From 10-QSB, 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-KSB, 11-K, 20-F, 10-QSB or N-SAR or portion thereof could not be filed within the prescribed time period.
During 1998, the Company acquired First American Mortgage Corporation. The accounting software program for First American Mortgage Corporation was not compatible with the software program for the Company. The Company had to input all of the accounting entries for First American Mortgage Corporation into the Company's accounting software program. This process took up a considerable amount of time and the Company's staff did not have enough available time to complete the Company's year-end financial statements in a timely manner. Given the Company's poor financial condition and its inability to generate revenues, the situation could not have been resolved any sooner without unreasonable effort or expense to the Company.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification.
Delmar Janovec President (913)859-9292
-------------- --------- ------------------
(Name) (Title) (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 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
narrative and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be
made - Corporate offices and management changes.
AmeriResource Technologies, Inc.
------------------------------------------
(Name of Registrant as specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 26, 1999 By: /s/ Delmar Janovec
---------------------------------
Name: Delmar Janovec |
