form12b25.htm
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
12b-25
Commission
File Number 000-51789
NOTIFICATION
OF LATE FILING
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Form 10-K |
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Form 11-K |
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Form 20-F |
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Form 10-Q |
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Form N-SAR |
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For
Period Ended: September 30, 2007
¨
Transition Report on Form
10-K |
¨
Transition Report on Form 10-Q |
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¨
Transition Report on Form
20-F |
¨
Transition Report
on Form N-SAR |
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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 |
U.S.
Energy Initiatives Corporation |
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Former
name if applicable |
Hybrid
Fuel Systems, Inc. |
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Address
of principal executive office |
12812
Dupont Circle |
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City,
state and zip code |
Tampa,
Florida 33626 |
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PART
II
RULE
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.)
T
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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;
(b) The
subject annual report, semi-annual report, transition report on Form
10-K,
20-F, 11-K or Form 10-Q, or portion thereof will be filed on or before
the
15th
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.
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PART
III
NARRATIVE
State
below in reasonable detail the
reasons why Form 10-K, 11-K, 20-F, 10-Q, N-SAR or the transition report portion
thereof could not be filed within the prescribed time period.
The
Company’s Quarterly Report on Form 10-QSB for the quarterly period ended
September 30, 2007 cannot be filed within the prescribed time period because
the
Company requires additional time for compilation and review to insure adequate
disclosure of certain information required to be included in the Form
10-QSB. The Company’s Quarterly Report on Form 10-QSB will be filed
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
Philip
M. Rappa
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(813)
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287
- 5787
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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).
T
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?
T 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.
For
the
three months ended September 30, 2006, the registrant had revenues of
approximately $456,126 and a net loss of approximately
$(2,281,659). For the three months ended September 30, 2007, the
registrant currently estimates that it had revenues of approximately $177,640
and a net loss of approximately $(1,567,519). Results for the three
months ended September 30, 2007 remain subject to further adjustment and actual
results may differ significantly from the foregoing estimates.
U.S.
Energy Initiatives Corporation
Name
of Registrant as Specified in Charter.
Has
caused this notification to be signed on its behalf by the undersigned thereunto
duly authorized.
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Date:
November 14,
2007
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By:
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/s/ Philip
M.
Rappa |
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Philip
M.
Rappa |
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Chief
Executive
Officer |
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