Notification That Annual Report Will Be Submitted Late (nt 10-k)
June 29 2018 - 9:31AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE
FILING
SEC File Number: 0-51313
CUSIP Number: 830695102
x
Form 10-K
o
Form 20-F
o
Form 11-K
o
Form 10-Q
o
Form N-SAR
o
Form N-CSR
For the Period Ended:
March 30, 2018
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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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o
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 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 Items(s) to which the notification relates:
PART I — REGISTRANT INFORMATION
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IEH Corporation
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Full Name of Registrant
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140 58
th
Street, Suite 8E
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Address of Principal Executive Offices (street and number)
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Brooklyn, NY 11220
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City, State and Zip Code
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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) 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) 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 portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
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(c) The accountant’s statements 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 Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
IEH Corporation (the
“Registrant”) files this report for a 15-day extension for filing its Annual Report on Form 10-K for the period ended
March 30, 2018 (“Form 10-K”). The Registrant will not be in position to file its Form 10-K by the prescribed filing
date without unreasonable effort or expense due to the delay experienced by the Registrant in completing its financial statements
for the period ended March 30, 2018. This has resulted in a delay by the Registrant in obtaining the review of such financial statements
by its independent registered public accounting firm. Therefore, Registrant’s management
is
unable to finalize the financial statements and prepare its discussion and analysis in sufficient time to file the Form 10-K by
the prescribed filing date.
The Registrant anticipates that it will file its Form 10-K no later than fifteenth (15
th)
calendar day following the prescribed filing date.
PART IV — OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this notification
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Robert Knoth
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(718)
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492-9673
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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 and 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).
x
Yes
o
No
(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?
x
Yes
o
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.
Net sales for the year ended March 30,
2018 is anticipated to increase as compared with the year ended March 31, 2017 in which we reported net sales of $20,100,000. However,
we anticipate that net sales for the period ended March 30, 2018 will be in the range of $23,250,000 to $23,500,000.
The increase in net
sales is due primarily to the Company’s efforts in increasing both commercial and international sales.
Net income for the
year ended March 30, 2018 is anticipated to increase as compared with the year ended March 31, 2017 in which we reported net income
of $1,474,000 or $0.64 per share. However, we anticipate that net income for the period ended March 30, 2018 will be approximately
$2,600,000 or $1.12 per share.
This estimated net
income increase can be attributed primarily to the increase in production and sales.
[Signature Page to Follow]
SIGNATURE
IEH Corporation
(Name of Registrant as specified in charter)
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Date: June 29, 2018
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By:
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/s/ Robert Knoth
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Robert Knoth
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Chief Financial Officer
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Registrant has caused this notification to
be signed on its behalf by the undersigned hereunto duly authorized.
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