(Check one): | o Form 10-K | o Form 20-F | o Form 11-K |
x Form
10-Q
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o Form 10-D | o Form N-SAR |
Form N-CSR o |
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.
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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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x | (b) | 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 | |
(c)
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The
accountant’s statement or other exhibit required by Rule 12b-25(c) has
been attached if applicable. Not
applicable.
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(1) |
Name
and telephone number of person to contact in regard to this
notification
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Roger
H. Frommelt, Esq.
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(612)
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373-8541
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(Name)
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(Area
Code)
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(Telephone
Number)
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(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 report(s) been filed ?
If answer
is no, identify report(s). Yes o No
x
The
registrant did not file a Form 8K with respect to the issuance
of 300,000
shares of its common stock (the “Shares”) as required under Item 3.02 -
“Unregistered Sales of Equity Securities,” of Form 8K. The Shares were
exchanged for outstanding warrant to purchase the registrant’s common
stock and other non-cash consideration pursuant to an agreement
dated
November 23, 2005, which is proposed to be described under Part
II, Item
8B -“Other Information,” of the Form 10-KSB to be filed for the year ended
December 31, 2005.
The
registrant did not file a form 10-KSB for the year ended December
31,
2005, when due on March 31, 2006, or before April 17, 2006, as
the due
date was extended by the filing of its Form 12b-25 made on March
31,
2006.
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(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?
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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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Date: May 15, 2006 | By: | /s/ Brian Niebur |
Brian Niebur |
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Treasurer and Chief Financial Officer |
Intentional
misstatements or omissions of fact constitute Federal Criminal Violations
(See 18 U.S.C. 1001).
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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.
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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.
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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.
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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 amended
notification.
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5. |
Electronic
Files:
This form shall not be used by electronic filers unable to timely
file a
report solely due to electronic difficulties. Filers unable to
submit
reports within the time period prescribed due to difficulties in
electronic filing should comply with either Rule 201 or Rule 202
of
Regulation S-T (§232.201 or §232.202 of this chapter) or apply for an
adjustment in filing date pursuant to Rule 13(b) of Regulation
S-T
(§232.13(b) of this chapter).
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