- Notification that Annual Report will be submitted late (NT 10-K)
31 Mars 2009 - 10:11PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
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FORM
12b-25
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NOTIFICATION
OF LATE FILING
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|
Commission
File Number 001-13268
(Check
one):
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/X/
Form 10-K
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/ /
Form 20-F
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/ /
Form 11-K
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/ /
Form 10-Q
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/ /
Form 10-D
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/ /
Form N-SAR
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/ /
Form N-CSR
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For
Period Ended:
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December
31, 2008
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/ /
Transition Report on Form 10-K
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/ /
Transition Report on Form 20-F
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/ /
Transition Report on Form 11-K
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/ /
Transition Report on Form 10-Q
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/ /
Transition Report on Form N-SAR
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For
the Transition Period
Ended:_____________________________________________________________________________________
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Read
Instructions 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
Aspyra,
Inc.
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Full
Name of Registrant
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Creative
Computer Applications, Inc.
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Former
Name if Applicable
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26115-A
Mureau Rd.
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Address
of Principal Executive Office
(Street and
Number)
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Calabasas,
CA 91302
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City,
State and Zip Code
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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.)
x
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(a)
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The
reason described in reasonable detail in Part III of this form could not
be eliminated without unreasonable effort or expense;
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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, Form 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 or transition report on Form
10-Q, or subject distribution report on Form 10-D,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 Forms 10-K, 20-F, 11-K, 10-Q, 10-D,
N-SAR, N-CSR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
The
Registrant is unable to file its Annual Report on Form 10-K for the year ended
December 31, 2008 within the prescribed time period because of unanticipated
delays in the collection of certain final agreement amendments and the
completion of the Company’s impairment analysis in accordance with SFAS No. 142,
“
Goodwill and Other Intangible
Assets,”
necessary for the completion of the Registrant’s audited
financial statements for the year ended December 31, 2008 without unreasonable
effort or expense. The Registrant expects to file its Annual Report
on Form 10-K including the related financial statements on or prior to April 15,
2009 within the 15 calendar day period provided by Rule
12b-25(b)(2)(ii).
PART
IV — OTHER INFORMATION
(1)
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Name
and telephone number of person to contact in regard to this
notification
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Anahita
Villafane, CFO
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818
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880-6700
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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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/X/ Yes
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/ /
No
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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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/X/ Yes
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/ /
No
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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 the results cannot be made.
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Aspyra,
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
thereunto duly authorized.
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Date
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March
31, 2009
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By
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/s/
Anahita Villafane
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Chief
Financial Officer
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PART
IV — OTHER INFORMATION
(3)
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As
of the date of this Form 12b-25, the Registrant’s financial statements for
the fiscal year ended December 31, 2008 have not been completed due to the
reasons stated above, but it is anticipated that these financial
statements will report a significant change in the Registrant’s earnings
statement compared to 2007. The Registrant expects to report a
change in its results of operations and a net loss of approximately $4.6
million in its fiscal year ended December 31, 2008, subject to any
adjustments related to the impairment analysis in accordance with SFAS No.
142, compared to a net loss of approximately $5.0 million for the
fiscal year ended December 31, 2007. The loss is primarily
attributable to a decrease in sales partially offset by lower costs as a
result of actions taken in the first quarter of 2008 to reduce personnel
and other expenses.
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