eps3234.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
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Commission
File Number:
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1-13776
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CUSIP
Number:
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395379308
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NOTIFICATION
OF LATE FILING
(Check
One): [X] Form 10-K [ ] Form 20-F [ ] Form
11-K [ ] Form 10-Q [ ] Form N-SAR [ ] Form
N-CSR
For Period Ended: September 30, 2008
[
] 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: _______________
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
GreenMan Technologies,
Inc.
Full
name of Registrant
N/A
Former name if applicable
Address
of Principal Executive Office (Street and Number)
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]
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(a)
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The
reason described in reasonable detail in Part III of this form could not
be eliminated without unreasonable effort or
expense;
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(b)
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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 of 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
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(c)
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The
accountant's statement of 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 Forms 10-K, 20-F, 11-K, 10-Q,
10-D,
N-SAR, N-CSR or the transition report portion thereof, could not be filed within
the prescribed time period.
On
November 17, 2008, the Registrant along with its two wholly owned subsidiaries,
GreenMan Technologies of Iowa, Inc. and GreenMan Technologies of Minnesota, Inc.
(together, the “Sellers”) completed the sale of substantially all assets of the
Sellers related to the businesses of tire collection, disposal, shredding,
processing, recycling and sale of used tires located primarily in Iowa and
Minnesota to a third party. Additional time is required in order to finalize the
accounting for this divestiture as it impacts September 30, 2008 yearend
information and to prepare and file the Registrant’s Form 10K-QSB for the fiscal
year ended September 30, 2008.
PART
IV - OTHER INFORMATION
(1)
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Name
and telephone number of person to contact in regard to this
notification
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Charles
E. Coppa, CFO
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781
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224-2411
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(Name)
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(Area
Code)
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(Telephone
Number)
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(2)
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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 preceeding 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
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(3)
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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
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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.
Revenues
for the fiscal year ended September 30, 2008 increased approximately $6.5
million to $26.7 million (including approximately $3.5 million associated with
our Welch Products subsidiary which was acquired on October 1, 2007) as compared
to approximately $20.2 million for the fiscal year ended September 30, 2007. The
Registrant anticipates reporting income from continuing and discontinued
operations before income taxes of approximately $2.6 million (including income
from discontinued operations of $2.4 million associated with a one time,
non-cash gain resulting from the de-consolidation of our inactive Georgia
subsidiary which filed Chapter 7 bankruptcy during the fiscal year ended
September 30, 2008) for the fiscal year ended September 30, 2008 as compared to
income from continuing and discontinued operations before income taxes of a
approximately $410,000 for the fiscal year ended September 30,
2007.
GreenMan
Technologies, Inc.
(Name
of Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the
undersigned
hereunto
duly authorized.
Date:
December 30, 2008
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By
/s/ Charles E.
Coppa
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Name:
Charles E. Coppa
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Title:
Chief Financial Officer
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INSTRUCTIONS:
The form may be signed by an executive officer of the registrant of
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
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Intentional
misstatements or omissions of fact constitute Federal Criminal Violations
(See 18 U.S.C.1001).
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