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CYRP CYBRA Corporation (GM)

0.0004
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CYBRA Corporation (GM) USOTC:CYRP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0004 0.00 01:00:00

- Notification that Annual Report will be submitted late (NT 10-K)

30/03/2012 6:02pm

Edgar (US Regulatory)




 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

(Check one):

OMB APPROVAL
  OMB Number: 3235-0058
Expires: May 31, 2012
Estimated average burden
hours per response .... 2.50
   
 

SEC FILE NUMBER
000-52624

   
 

CUSIP NUMBER
000-52624

[ x ] Form 10-K    [             ] Form 20-F    [             ] Form 11-K
[             ] Form 10-Q    [             ] Form 10-D    [             ] Form N-SAR    [             ] Form N-CSR

For Period Ended: December 31, 2011

[             ] 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

CYBRA CORPORATION
Full Name of Registrant

N/A
Former Name if Applicable

One Executive Blvd.
Address of Principal Executive Office (Street and Number)

Yonkers, New York 10701
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 reason 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 subject distribution report on Form 10-D, 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 why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

CYBRA Corporation is unable to file its Form 10-K for the year ended December 31, 2011 (the "Form 10-K") within the prescribed time period without unreasonable effort or expense, because it requires additional time to review and complete its Form 10-K and accompanying financial statements due to its limited financial resources and available personnel.

PART IV — OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

  Harold Brand. (914) 963-6600
  (Name) (Area Code) (Telephone Number)

(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 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.

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 year ended December 31, 2011, the Registrant incurred a net loss of approximately $210,000, as compared to a loss of $2,491,966 for the year ended December 31, 2010, a reduction of approximately $2,282,000. The reason for the substantial decrease in the loss from 2010 to 2011 even with only a slight increase in gross margin was due to aggregate overhead reduction of approximately $435,000 ($271,000 of which were related to non cash charges for amortization and stock based compensation) and reduction in other expenses of $1,854,000. Other expenses in 2010 consisted primarily of debt restructuring charges which were effectively one-time charges that did not repeat in 2011.

CYBRA CORPORATION
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 30, 2012 By: /s/ Harold Brand
    Harold Brand
  Title: Chief Executive Officer


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