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OMB Number: 3235-0058
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SEC FILE NUMBER |
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CUSIP NUMBER |
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
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| (Check one): |
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þ Form 10-K
o Form 20-F
o Form 11-K
o Form 10-Q
o Form 10-D
o Form N-SAR
o Form N-CSR
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For Period Ended: |
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December 31, 2007 |
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o Transition Report on Form 10-K |
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o Transition Report on Form 20-F |
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o Transition Report on Form 11-K |
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o Transition Report on Form 10-Q |
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o Transition Report on Form N-SAR |
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For the Transition Period Ended:
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Read 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.
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
American Locker Group Incorporated
Full Name of Registrant
Former Name if Applicable
Address of Principal Executive Office (Street and Number)
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 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 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.
As
previously disclosed in the Company’s Annual Report on Form 10-K
for its fiscal year ended December 31, 2006, which was filed with the
Securities and Exchange Commission on September 4, 2007, in fiscal
2005 the Company’s Board of Directors adopted a restructuring
plan to reduce annual selling, general and administrative expenses.
Pursuant to that restructuring plan, in September 2005, the Company
centralized and relocated many financial reporting functions and all
administrative functions to its new headquarters in Grapevine, Texas.
The logistics involved in implementing this centralization and
relocation contributed to the difficulties the Company has
experienced in completing the Company’s requisite financial
statements for inclusion in its Annual Report on Form 10-K for the
fiscal year ended December 31, 2005 and, in turn, the requisite
interim financial statements of the Company for inclusion in its
Quarterly Reports on Form 10-Q for the fiscal quarters ended March
31, 2006, June 30, 2006 and September 30, 2006, its Annual Report on
Form 10-K for the fiscal year ended December 31, 2006, its Quarterly
Reports on Form 10-Q for the fiscal quarters ended March 31, 2007,
June 30, 2007 and September 30, 2007, and its Annual Report on Form
10-K for the fiscal year ended December 31, 2007. Additionally, the
logistical challenges presented by the previously disclosed change in
the Company’s independent registered public accounting firm in
late September 2005 and the previously disclosed resignations of the
Company’s Chief Financial Officer in March 2006 and the
Company’s Chief Executive Officer, Chief Operating Officer and
Treasurer in January 2008 further contributed to the Company’s
delay in filing its required periodic reports.
As
previously disclosed, the Company engaged Travis, Wolff &
Company, LLP to serve as its independent registered public accounting
firm for the fiscal years ending December 31, 2005 and 2006. During
the quarter ended September 30, 2007, Travis, Wolff & Company,
LLP completed the audits of the Company’s financial statements
for the fiscal years ended December 31, 2005 and 2006, which enabled
the Company to prepare and file its Annual Reports on Form 10-K for
the 2005 and 2006 fiscal years. With these audits completed, and with
the Annual Reports on Form 10-K for the 2005 and 2006 fiscal years
filed, the Company is now diligently working to complete its annual
financial statements for the 2007 fiscal year and file the related
Annual Report on Form 10-K for the fiscal year then ended, and is
diligently working to complete its quarterly financial statements for
the interim periods during the 2006 and 2007 fiscal years and file
the related Quarterly Reports on Form 10-Q for the fiscal quarters
then ended. The Company anticipates filing during the second quarter
of 2008 the Annual Report on Form 10-K for the year ended December
31, 2007 and all of the delayed Quarterly Reports on Form 10-Q for
the fiscal 2006 and 2007 interim periods, at which point the Company
expects to be current with the filing of its periodic reports.
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| SEC 1344 (05-06) |
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Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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