UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
One):xForm 10-K
oForm
20-F oForm 1l-K oForm
10-Q oForm N-SAR
For
Period Ended: December 31, 2006
o
Transition Report on Form
10-K
|
SEC
FILE NUMBER
|
o
Transition Report on Form
20-F
|
000-23115
|
o
Transition Report on Form
11-K
|
|
o
Transition Report on Form 10-Q
|
CUSIP
NUMBER
|
o
Transition Report on Form
N-SAR
|
125961300
|
For
the Transition Period Ended:
|
|
Read
Instruction (on back page) 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
CTI
INDUSTRIES CORPORATION
Full
Name
of Registrant
Former
Name if Applicable
22160
North Pepper Road
Address
of Principal Executive Office (Street and Number)
Barrington,
IL 60010
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)
|
(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, II-K, 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 of 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 the Form 10-K, 11-K,
10-Q,
N-SAR,
or
the transition report or portion thereof, could not be filed within
the
prescribed time period. (Attach Extra Sheets if Needed)
In
order
for the Company to complete the preparation and review of financial and
narrative information for its year ended December 31, 2006, as well as for
the
three months ended December 31, 2006, the Company requires additional time
to
file its Form 10-K for such year.
PART
IV--OTHER INFORMATION
(1) |
Name
and telephone number of person to contact in regard to this notification
|
JONATHAN
K. MILLER
|
|
312
|
|
786-5100
|
(Name)
|
|
(Area
Code)
|
|
(Telephone
Number)
|
(2) |
Have
all other periodic reports required under Section 13 or 15(d)
ofthe
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 reports) been
filed? If answer is no, identify
report(s).
|
x
Yes o 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 o No
|
If
so, attach an explanation of the anticipated change, both nrratively
and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be
made.
|
CTI
INDUSTRIES 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, 2007 |
By: |
/s/ Howard
W.
Schwan |
|
Howard
W. Schwan, President |
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.
ATTENTION
Intentional
misstatements or omissions of fact constitute Federal Criminal violations (See
18 U.S.C. 1001).
The
Company expects to report net sales of approximately $9,672,264 for the fiscal
quarter ended December 31, 2006, as compared to net sales of $6,480,189 for
the
quarter ended December 31, 2005, and to report net sales of approximately
$35,428,156 for the year ended December 31, 2006, as compared to net sales
of
approximately $29,189,974 for the year ended December 31, 2005. The Company
expects to report a net profit for the quarter ended December 31, 2006 of
approximately $1,153,818 compared to a net profit for the quarter ended December
31, 2005 of $52,186, and to report net profit for the full year ended December
31, 2006 of approximately $1,894,750 compared to a net loss for the full year
ended December 31, 2005 of ($333,209).