Notification That Annual Report Will Be Submitted Late (nt 10-k)
September 28 2022 - 07:19AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Notification
of Late Filing
CUSIP Number 00214P106
(Check One)
[x] Form 10-K and Form 10-KSB
[ ] Form 20-F
[ ] Form 10-Q and Form 10-QSB
[ ] Form N-SAR
For Period Ended: 06/30/22
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition
Period Ended:
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
Full Name of Registrant: AS-IP TECH, INC.
Former Name if Applicable: ASI ENTERTAINMENT, INC.
Address of Principal Executive
Office (Street and Number)
1/15 Castles Drive
Torquay, Victoria, 3228, Australia
PART II --
RULES 12b-25(b) and (c)
If the subject report could not be filed without unreasonable
effort and expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if
appropriate):
[X] (a) The reasons described in reasonable detail in Part III
of this form could not be eliminated without unreasonable effort or
expense;
[X] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K or 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
[ ] (c) The accountant's statement or other exhibit required
by Rule 12b-25(c) has been
attached if applicable.
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 within the
prescribed period.
The registrant is unable to file its Yearly Report on Form 10-K
for the fiscal year ended June 30, 2022, within the prescribed time
period because of delays in completing the audit.
PART IV --
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
Philip Shiels +1
424-888-2212
(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 ( ) 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 ( ) 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.
The Company expects to report a Loss from operations of
$1,280,966 for the year ended June 30, 2022 compared to a Loss from
operations of $660,125 in the corresponding period in 2021. After
interest and loss on settlement of liabilities, the Company expects
to report a Net Loss of $2,156,627 for the year ended June 30,2022,
compared to a Net Loss of $1,370,828 in the corresponding period in
2021.
AS-IP TECH,
INC.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
DATE: September 28, 2022 By: Philip Shiels Chief Financial
Officer
AS IP Tech (PK) (USOTC:IPTK)
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