(Check One): |
|
UNITED STATES |
|
|
|
|
SECURITIES AND EXCHANGE |
|
|
¨ Form 10-K |
|
COMMISSION |
|
|
¨ Form 20-F |
|
Washington, D.C. 20549 |
|
|
¨ Form 11-K |
|
|
|
|
x Form 10-Q |
|
FORM 12b-25 |
|
SEC File Number: 0-4465 |
¨ Form N-SAR |
|
|
|
CUSIP Number: 384739 10 9 |
¨ Form N-CSR |
|
NOTIFICATION OF LATE FILING |
|
|
|
|
|
For Period Ended: February 28, 2007 |
|
|
|
|
¨ |
|
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 |
|
|
|
|
¨ |
|
Transition Report on Form N-CSR |
|
|
|
|
|
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 |
|
eLEC Communications Corp. |
|
Full name of registrant |
|
|
Former name if applicable |
75 South Broadway, Suite 302 |
_________________________________________________________________ |
Address of principal executive office (Street and number) |
|
White Plains, New York 10601 |
_________________________________________________________________ |
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.) |
|
|
|
x |
|
(a) |
|
The reasons described in reasonable detail in Part III of this form could not be eliminated without |
|
|
|
|
unreasonable effort or expense; |
|
|
(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 |
|
|
(c) |
|
The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if |
|
|
|
|
applicable. |
|
|
|
PART III NARRATIVE |
|
State below in reasonable detail 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. |
|
Certain financial and other information that is required from third parties to complete the Quarterly Report |
on Form 10-Q could not be provided within the prescribed time period without unreasonable effort or |
expense. |
|
|
|
As a result of the foregoing, our Annual Report on Form 10-Q for the quarterly period ended February 28, |
2007 will be filed on or before April 23, 2007, which is within the extension period provided under Rule |
12b-25. |
|
|
|
|
|
PART IV - OTHER INFORMATION |
|
(1) |
|
Name and telephone number of person to contact in regard to this notification: |
|
|
Eric M. Hellige (212) 421-4100 |
|
|
(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). xYes ¨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? xYes ¨No |
|
|
In addition to the anticipated decrease in sales and gross profit in the quarter ending February 28, 2007, as |
compared to the quarter ending February 28, 2006, the Company anticipates significant non-cash expenses |
in the quarter ending February 28, 2007, as compared to the quarter ending February 28, 2006. |
|
|
|
|
|
eLEC Communications Corp. |
_________________________________________________________________ |
(Name of Registrant as Specified in Charter) |
|
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. |
|
|
Date: April 17, 2007 |
By: |
/s/ Paul H. Riss |
|
|
|
Paul H Riss |
|
|
Chief Executive Officer |
|
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly |
authorized representative. The name and title of the person signing the form shall be typed or printed |
beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative |
(other than an executive officer), evidence of the representatives authority to sign on behalf of the |
registrant shall be filed with the form. |
|
|
|
ATTENTION |
Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. |
1001). |