(Check One): [X]Form 10-K and Form 10-KSB [ ]Form 20-F
[ ]Form 11-K [ ]Form 10-Q and Form 10-QSB
[ ]Form
N-SAR
________________________
For Period Ended: December 31, 2001 | |
[ ] Transition Report on Form 10-K | COMMISSION FILE NUMBER |
[ ] Transition Report on Form 20-F | 1-11596 |
[ ] Transition Report on Form 11-K |________________________|
[ ] Transition Report on Form 10-Q ________________________
[ ] Transition Report on Form N-SAR
|
|
For the Transition Period Ended: |
CUSIP NUMBER |
________________________
|
714157-10-4 |
|________________________|
_______________________________________________________________
| Read Attached Instruction Sheet 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 Item(s) to which the notification relates: ____
_________________________________________________________________.
_________________________________________________________________
PART I -- REGISTRANT INFORMATION
_________________________________________________________________
Full Name of Registrant
Former Name if Applicable
(Check box if appropriate).
|
| (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 10KSB, 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,
| 10QSB 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,Form 10-KSB, 20-F, 11-K, 10-Q, Form 10-QSB, -SAR or the transition report,
or portion thereof, could not be filed within the prescribed
period.
As a result of certain acquisitions which occurred in 2001 and the various debt
and equity transactions completed during the year, the Registrant has been unable
to prepare certain financial information required by Form 10-K for the year
ended December 31, 2001, without unreasonable effort or expense.
Accordingly, additional time is needed by the Registrant to complete the
disclosure required for its Form 10-K for the year ended December 31, 2001.
_________________________________________________________________
PART IV -- OTHER INFORMATION
_________________________________________________________________
(1) Name and telephone number of person to contact
in regard to this notification:
Richard T. Kelecy 352 395-1351
______________________ __________ _________________
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports 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 twelve
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.
It
is anticipated that the Registrant will report net
revenues for the year ended December 31, 2001, of
approx-
imately $74.5 million, an increase of
approximately $15.4
million over revenues for the year ended December
31, 2000,
of approximately $59.1 million.
It is anticipated that the
Registrant will report a net loss
from continuing operations for the year ended
December 31,
2001, of approximately $602,000. After
giving effect to the
recognition by the Registrant of approximately
$145,000 for
preferred stock dividends in 2001, it is
anticipated that
the Registrant will report for the year ended
December 31,
2001, a net loss of approximately $747,000 (or
approximately
$.03 per share). In comparison, the
Registrant's net loss
for the year ended December 31, 2000, was
approximately
$762,000 (or approximately $.04 per share), which
included
preferred stock dividends of approximately
$206,000 which
were recorded for 2000.
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: April 1,
2002 By: /s/
Richard T. Kelecy
____________________________
Richard T. Kelecy
Chief Financial 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 representative's
authority to sign on behalf of the registrant shall be filed with
the form.
_________________________________________________________________
1. This form is required by Rule 12b-25 (17 CFR 240, 12b-25)
of
the General Rules and Regulations under the Securities
Exchange Act of 1934.
2. One signed original and four conformed copies of this form
and
amendments thereto must be completed and filed with
the
Securities and Exchange Commission, Washington, D.C.
20549, in
accordance with Rule 0-3 of the General Rules
and Regulations
under the Act. The information contained
in or filed with the
Form will be made a matter of
public record in the Commission
files.
3. A manually signed copy of the form and amendments thereto
shall be filed with each national securities exchange
on which
any class of securities of the registrant is
registered.
4. Amendments to the notifications must also be filed on
Form
12b-25 but need not restate information that has
been
correctly furnished. The form shall be clearly
identified as
an amended notification.
5. Electronic Filers: This form shall not be used by
electronic
filers unable to timely file a report solely
due to electronic
difficulties. Filers unable to submit
a report within the
time period prescribed due to
difficulties in electronic
filing should comply with
either Rule 201 or 202 of Regulation
S-T (Section 232.201
or Section 232.202 of this chapter) or
apply for an
adjustment in filing date pursuant to Rule 13(b)
of
Regulation S-T (Section 232.13(b) of this chapter).