UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
COMMISSION FILE NUMBER-0-21931
NOTIFICATION OF LATE FILING
(CHECK ONE)
__FORM 10-K AND FORM 10-KSB __FORM 20-F __FORM 11-K X FORM 10-Q AND
FORM 10-QSB __FORM N-SAR
FOR PERIOD ENDED September 30, 2004
-------------------
__ TRANSITION REPORT ON FORM 10-K AND FORM 10-KSB
__ TRANSITION REPORT ON FORM 20-F
__ TRANSITION REPORT ON FORM 11-K
__ TRANSITION REPORT ON FORM 10-Q AND FORM 10-QSB
__ TRANSITION REPORT ON FORM N-SAR
FOR THE TRANSITION PERIOD ENDED: ___________________
READ INSTRUCTIONS (ON BACK PAGE) 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: AMPLIDYNE, INC.
FORMER NAME OF REGISTRANT: _______________
ADDRESS OF PRINCIPAL EXECUTIVE OFFICE (STREET AND NUMBER):
59 LAGRANGE STREET, RARITAN, NEW JERSEY 08869
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-25B, THE FOLLOWING SHOULD
BE COMPLETED. (CHECK BOX IF APPROPRIATE):
[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, FORM 20-F, 11-K, 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 OR TRANSITION REPORT ON FORMS 10-Q, 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 THE FORMS 10-K, 10-KSB, 20-F,
11-K, 10-Q,10-QSB, N-SAR, OR THE TRANSITION REPORT OR PORTION THEREOF, COULD NOT
BE FILED WITHIN THE PRESCRIBED TIME PERIOD. (ATTACH EXTRA SHEETS IF NEEDED)
THE COMPANY 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 COMPANY'S QUARTERLY REPORT ON FORM 10-QSB BY NOVEMBER 15, 2004, THE REQUIRED
FILING DATE, WITHOUT UNREASONABLE EFFORT AND EXPENSE.
PART IV--OTHER INFORMATION
(1) NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS
NOTIFICATION
TARLOCHAN BAINS (908) 253-6870
(NAME) (AREA CODE) (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 PRECEDING 12 MONTHS (OR FOR SUCH SHORTER PERIOD THAT THE
REGISTRANT WAS REQUIRED TO FILE SUCH REPORTS) BEEN FILED? IF 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? X
YES ___ NO
IF SO, ATTACH AN EXPLANATION OF THE ANTICIPATED CHANGE, BOTH NARRATIVELY AND
QUANTITATIVELY, AND, IF APPROPRIATE, STATE THE REASONS WHY A REASONABLE ESTIMATE
OF THE RESULTS CANNOT BE MADE.
Preliminary results of operations indicate the loss for the three months ended
September 30, 2004 is estimated to be approximately $225,000 compared to the
loss for the corresponding period of the preceding year of approximately
$75,000, representing an increased loss of approximately $150,000. The increased
loss for the quarter is primarily attributable to a sales decline of
approximately $240,000 with resultant decrease in gross profit of approximately
$150,000. There were reductions in research and development expenses of
approximately $94,000, offset by increases in general & administrative expenses
of approximately $94,000.
Preliminary results of operations indicate the loss for the nine months ended
September 30, 2004 is estimated to be approximately $725,000 compared to the
loss for the corresponding period of the preceding year of approximately
$364,000, representing an increased loss of approximately $361,000. The
increased loss for the nine month period is primarily attributable to a sales
decline of approximately $550,000 with resultant decrease in gross profit of
approximately $396,000. There were reductions in research and development
expenses of approximately $124,000, largely offset by increases in general &
administrative expenses of approximately $89,000.
AMPLIDYNE, INC.
-------------------------
(NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
HAS CAUSED THIS NOTIFICATION TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED
HERETO DULY AUTHORIZED
DATED: November 15, 2004 AMPLIDYNE, INC.
BY: /S/ TARLOCHAN BAINS
------------------------
CHIEF EXECUTIVE 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
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. THIS FORM IS REQUIRED BY RULE 12B-25 (17 CFR 240.12B-25) OF THE GENERAL RULES
AND REGULATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934.
2. ONE SIGNED ORIGINAL AND FOUR CONFORMED COPIES OF THIS FORM AND AMENDMENTS
THERETO MUST BE COMPLETED AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION,
WASHINGTON, D.C. 20549, IN ACCORDANCE WITH RULE 0-3 OF THE GENERAL RULES AND
REGULATIONS UNDER THE ACT. THE INFORMATION CONTAINED IN OR FILED WITH THE FORM
WILL BE MADE A MATTER OF PUBLIC RECORD IN THE COMMISSION FILES.
3. A MANUALLY SIGNED COPY OF THE FORM AND AMENDMENTS THERETO SHALL BE FILED WITH
EACH NATIONAL SECURITIES EXCHANGE ON WHICH ANY CLASS OF SECURITIES OF THE
REGISTRANT IS REGISTERED.
4. AMENDMENTS TO THE NOTIFICATIONS MUST ALSO BE FILED ON FORM 12B-25 BUT NEED
NOT RESTATE INFORMATION THAT HAS BEEN CORRECTLY FURNISHED. THE FORM SHALL BE
CLEARLY IDENTIFIED AS AN AMENDMENT NOTIFICATION.