Organa Technologies Group, Inc. - Notification that Quarterly Report will be submitted late (NT 10-Q)
15 August 2008 - 5:23AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM
12b-25
NOTIFICATION OF LATE
FILING
(Check
One):
o
Form 10-K and Form
10-KSB
o
Form
11-K
o
Form 20-F
x
Form 10-Q and Form
10-QSB
o
Form
N-SAR
For
Period Ended: June 30, 2008
o
Transition Report on
Form 10-K and Form 10-KSB
o
Transition Report on
Form 20-F
o
Transition Report on
Form 11-K
o
Transition Report on
Form 10-Q and Form 10-QSB
o
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
Organa Technologies Group,
Inc.
Full Name
of Registrant
2910 Bush
Drive
Address
of Principal Executive Office
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 appropriate box.)
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 Forms 10-K, 10-KSB, 20-F, 11-K,
or Form N-SAR, or portion thereof will be filed on or before the 15th calendar
day following the prescribed due date; or the subject quarterly report or
transition report of Form 10-Q, 10-QSB, or portion thereof will be filed on or
before the fifth calendar day following the prescribed due date;
and
o
(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 Forms 10-K, 10-KSB, 20-F, 10-Q,
10-QSB, N-SAR, or the transition report portion thereof, could not be filed
within the prescribed time period. (Attach extra sheets if needed.)
The
report was not able to be filed without unreasonable effort or expense by the
initial due date as a result of unanticipated delays, including delays
associated with preparing the Registrant's financial statements and Audit
Committee review for the quarter ended June 30, 2008. As such, our auditors have
not had ample opportunity to complete their review of our quarterly financial
statements.
PART
IV
OTHER
INFORMATION
(1) Name
and telephone number of person to contact in regard to this
notification.
Gina
L. Bennett (321) 421-6652
Name
(Area Code) (Telephone Number)
(2) Have
all other periodic reports required under Section 13 or 15 (d) or 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).
x
Yes
o
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?
x
Yes
o
No
If so,
attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reason why a reasonable estimate
of the results cannot be made.
The
Company is projecting an increase in revenue of approximately $750K year to
date, which represents 142% increase in revenue, while the overall net income
increase approximately $9K , which represents a 31% increase year to
date. The assets are expected to increase by $800K or 91%, and the
liabilities are expected to increase $600K or approximately 100%. The
increase in liabilities is directly associated with an increase of deferred
revenue of approximately $500K, which represents pre-order sales of product in
Epic Weapons, Zowy Media, and Game2Gear.
Organa
Technologies Group, 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:
August 14, 2008
|
By:
|
/s/
Gina L. Bennett
|
|
|
|
|
Gina
L. Bennett
|
|
|
|
Chief
Executive Officer
|
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