SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SEC FILE No.: 000-15260
CUSIP No.
FORM 12b-25
Notification of Late Filing
(Check One):
[] Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[X] Form 10-QSB [ ] Form N-SAR
For Period ended:
[] Transition Report on Form 10-K
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 10-K
For the Transition Period Ended: DECEMBER 31, 2001
-----------------
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
BRL Holdings, Inc.
--------------------------------------------------------------------------------
Full Name of Registrant:
N/A
--------------------------------------------------------------------------------
Former Name if Applicable:
340 Granite Street, Suite 200
--------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
Manchester, NH 03102-4004
--------------------------------------------------------------------------------
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 reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[ ] (b) The subject quarterly report on Form 10-Q 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
12(b)-25(c) has been attached if applicable.
--------------------------------------------------------------------------------
PART III - NARRATIVE
--------------------------------------------------------------------------------
State below in reasonable detail the reasons why the Form 10-K, 11-K, 20-K, 10-Q
or N-SAR or a portion thereof could not be filed within the prescribed time
period.
The Company requests additional time so that our auditors can perform interim
audit procedures on the Company's acquisition of AssureTec Systems, Inc.
acquired during the reporting period.
--------------------------------------------------------------------------------
Part IV-Other Information
--------------------------------------------------------------------------------
Name and telephone number of person to contact in regard to this notification.
R. Bruce Reeves (603) 641-8443
--------------------------------------------------------------------------------
(Name) ` (Area code) Telephone Number
Have all other periodic reports required under section 30 of the Securities
Exchange Act of 1934 or section 30 of Investment Company Act of 1940 during the
proceeding 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).
[X] Yes [ ] No
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.
The Company, in a reverse merger activity during the quarter ended December 31,
2001, acquired AssureTec Systems, Inc., a security technology company, in a
stock for stock transaction. The Company including the subsidiary will begin
reporting as a development stage enterprise and costs for the quarter will
increase approximately $350,000 over the prior quarter that was approximately
$10,000 while reporting prior to the merger.
BRL Holdings, Inc. has caused this notification to be signed on its behalf by
the undersigned thereunto duly authorized.
Date February 14, 2002 By /s/ Kevin T. McGuire
----------------------- ------------------------------------
Kevin T. McGuire, Treasurer
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 MISTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDRAL CRIMINAL
VIOLATIONS (SEE 18 U. S. C. 1001).
--------------------------------------------------------------------------------