Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
August 15 2016 - 5:00PM
Edgar (US Regulatory)
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number 000-54758
CUSIP 29408J 105
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(Check One)
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Form 10-K
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Form 20-F
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Form 11-K
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X
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Form 10-Q
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Form N-SAR
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For Period Ended:
June 30, 2016
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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
For the Transition Period Ended: __________
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Read Attached Instruction Sheet 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
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Full Name of Registrant:
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The Enviromart Companies, Inc.
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Former Name if Applicable
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Address of Principal Executive Office (
Street and Number
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160 Summit Ave.
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City, State and Zip Code:
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Montvale, NJ 07645
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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)
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X
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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
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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 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 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 the reasons why Form 10-K and Form 10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach Extra Sheets if Needed)
The Company is unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2016 within the prescribed time period because it has not yet been able to complete its financial statements for such period. The Company intends to file its Quarterly Report on Form 10-Q on or before the 5th calendar day following the prescribed due date.
Part IV - Other Information
(1)
Name and telephone number of person to contact in regard to this notification
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Laurence H. King
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201
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782-0889
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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 the answer is no, identify report(s).
Yes
X
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No
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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?
Yes
X
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No
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On July 20, 2016, the Registrant closed the sale of the its sole operating subsidiary, Enviromart Industries, Inc., as reported in its Form 8-K filed with the SEC July 25, 2016. Although the closing occurred on July 20, 2016, under the terms of the operative agreement, it was effective as of April 1, 2016.
The Registrant expects to report net income of approximately $1,260,000 during the quarter ended June 30, 2016, due primarily to an approximate $1.3 million gain on the disposal of its operating subsidiary, compared to a loss of $191,000 during the comparable prior period. Since the registrant had business operations during the quarter ended June 30, 2015 and had discontinued its business operations effective at the beginning of the current quarter, the registrant does not believe that a comparison of the current period (06/30/2016) to the comparable prior period (06/30/2015) would be meaningful.
The Enviromart Companies, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: 08/15/2016
By
/s/ Laurence H. King
Name: Laurence H. King
Title: Chairman
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