- Notification that Annual Report will be submitted late (NT 10-K)
01 Avril 2009 - 5:06PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
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SEC
FILE NUMBER
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0-1665
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CUSIP
NUMBER
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233 065 101
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(Check
One):
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[X]
Form 10-K [ ] Form 20-F [ ] Form
11-K [ ] Form 10-Q [ ] Form
10-D
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[ ]
Form N-SAR [ ] Form N-CSR
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For
Period Ended:
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
attached instruction (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
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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
DCAP
GROUP, INC.
Full Name
of Registrant
Former
Name if Applicable
1158
Broadway
Address
of Principal Executive Office (Street and Number)
Hewlett,
NY 11557
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 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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(b)
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The
subject annual report, semi-annual report, transition report on Form 10-K,
Form 20-F, 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 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
Company was unable to file its Annual Report on Form 10-K for the year ended
December 31, 2008 within the prescribed time period due to the execution of an
Asset Purchase Agreement, which was fully executed on March 30, 2009 (the
“Agreement”), pursuant to which the Company’s wholly-owned subsidiaries, Barry
Scott Agency, Inc. and DCAP Accurate, Inc., which own the Company’s New York
stores, have agreed to sell, subject to the terms and conditions of the
Agreement, substantially all of their assets. Based upon the
foregoing and the Company’s determination that its wholly-owned subsidiary,
AIA-DCAP Corp., sell its Pennsylvania stores, there is a need to reclassify the
assets of such companies as “assets from discontinued operations” and the
results of operations of such companies as “discontinued
operations”.
PART
IV - OTHER INFORMATION
(1) Name
and telephone number of person to contact in regard to this
notification:
Barry
Goldstein (516) 374-7600
(Name)
(Area
Code) (Telephone Number)
(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). [
X
]
Yes [ ]
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?
[
X
]
Yes [ ]
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.
Due to
the recent execution of the Agreement and the need to classify the operations of
the Company’s stores as “discontinued operations”, a reasonable estimate of the
results of operations cannot be made.
DCAP
GROUP, INC.
(Name of
Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned hereunto
duly authorized.
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Date
April 1, 2009
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By:
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/s/ Barry
B. Goldstein
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Barry Goldstein
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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.
ATTENTION
Intentional
misstatements or omissions of fact constitute Federal Criminal Violations (See
18 U.S.C. 1001).
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