Global Payment Technologies Inc - Notification that Annual Report will be submitted late (NT 10-K)
01 January 2008 - 9:23AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
12b-25
Commission File Number 0-25148
NOTIFICATION OF LATE FILING
(Check One):
|
x
|
Form 10-K
|
o
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Form 11-K
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o
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Form 20-F
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o
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Form 10-Q
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o
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Form N-SAR
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For Period Ended:
September 30, 2007
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o
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Transition Report on Form 10-K
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o
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Transition Report on Form 20-F
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o
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Transition Report on Form 11-K
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o
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Transition Report on Form 10-Q
|
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o
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Transition Report on Form N-SAR
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For the Transition Period
Ended:
______________________________________________________________________________________________________________________________
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|
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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.
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
Full Name of Registrant:
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GLOBAL PAYMENT TECHNOLOGIES, INC.
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Former Name if Applicable:
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Address of Principal Executive Office
(Street and
number)
:
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170 WILBUR PLACE
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City, state and zip code:
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BOHEMIA, NEW YORK 11716
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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)
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(a)
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The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort or
expense;
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x
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(b)
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The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K or 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 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
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(c)
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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
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.
Global
Payment Technologies, Inc. (the “Registrant”) is unable to timely file its
Annual Report on Form 10-K for the fiscal year ended September 30, 2007 (the “Form
10-K”) because the Registrant has been negotiating a refinancing of the company,
which it expects to complete soon, and as a result of the efforts required to further said
negotiations, the Registrant’s management has not been able to compile the requisite
financial data and other narrative information necessary to enable it to have sufficient
time to complete the Annual Report without unreasonable effort and expense.
PART IV — OTHER INFORMATION
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(1)
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Name and telephone number of person to contact in regard to
this notification:
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William L. McMahon, CEO
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(631)
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563-2500
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(Name)
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(Area Code)
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(Telephone Number)
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(2)
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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 answer is no, identify report(s).
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YES
x
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No
o
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(3)
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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?
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YES
x
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No
o
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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.
The reported results for Global Payment Technologies, Inc.
for the nine months ended June 30, 2007 have been consistently below the
results of operations for the corresponding periods in the prior fiscal
year. It is anticipated that the three months ended September 30,
2007 will be consistent with the results of operations for the nine months
ended June 30, 2007.
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Global Payment Technologies, Inc.
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(Name of Registrant as Specified in Charter)
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has caused this notification to be signed on its behalf by
the undersigned hereunto duly authorized.
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Date
December 31, 2007
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By:
/s/ William
L. McMahon, Chief Executive Officer
William
L. McMahon, Chief Executive Officer
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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.
|
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
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