Banyan Corp /OR/ - Notification that Quarterly Report will be submitted late (NT 10-Q)
13 Août 2008 - 8:20PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check one):
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OMB APPROVAL
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OMB Number: 3235-0058
Expires: April 30, 2009
Estimated average burden
hours per response .... 2.50
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[
] Form 10-K
[
] Form 20-F
[
] Form 11-K
[ x ] Form 10-Q
[
] Form 10-D
[
] Form N-SAR
[
] Form N-CSR
For Period Ended: June 30, 2008
[
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Transition Report on Form 10-K
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[
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Transition Report on Form 20-F
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[
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Transition Report on Form 11-K
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[
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Transition Report on Form 10-Q
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[
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Transition Report on Form N-SAR
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For the Transition Period Ended:
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
Banyan Corporation
Full Name of Registrant
N/A
Former Name if Applicable
9025 Wilshire Blvd., Penthouse Suite 500
Address of Principal Executive Office
(Street and Number)
Beverly Hills, California 90211
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)
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 accountants 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 independent public accountants have not completed their review of the financial statements
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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Noel Guardi
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303
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969-8886
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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).
[ 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
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.
Reported net loss for the quarter is expected to decrease to approximately $800,000 from $1,676,536 in 2007.
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Banyan Corporation
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: 08/13/08
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By:
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/s/ Noel Guardi
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Guardi & Associates
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Title:
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Attorney-in-fact
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