Skye International Form NT 10Q
 
 
OMB APPROVAL
 
UNITED STATES
OMB Number: 
 
SECURITIES AND EXCHANGE COMMISSION
Expires:
 
Washington, D.C. 20549
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hours per response . . . .
 
 
FORM 12b-25
 
 
 
SEC FILE NUMBER
 
NOTIFICATION OF LATE FILING
1-7543
 
  
 
(Check One):
 o
 
Form 10-K
 o
 
Form 20-F
 o
 
Form 11-K
 
x
 
Form 10-Q
 o
 
Form N-SAR
CUSIP NUMBER
 
 
 
 
318074AA-9
 
For Period Ended:
March 31, 2007
 
 
 
[
 
]
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:
 
    
Not Applicable
    
 
    
PART I ¾ REGISTRANT INFORMATION
    
Skye International, Inc.
    
Full Name of Registrant
 
    
Tankless Systems Worldwide, Inc.
    
Former Name if Applicable
 
    
7701 E. Gray Rd., Suite 4
   
Address of Principal Executive Office (Street and Number)
 
    
Scottsdale, Arizona 85260
    
City, State and Zip Code
    
 
    
PART II ¾ 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;
 
    
 x
 
(b)
The subject annual report, semi-annual report, transition report on Form 10-K, Form 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 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
    
 
 
 
 
    
 o
 
(c)
The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
    
 
  
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PART III ¾ NARRATIVE
 
State below in reasonable detail the reasons why Forms 10-K, 20-F, 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.)
 
The Registrant is unable to complete its quarterly report for the quarter ended March 31, 2007 and related financial statements until its auditors complete a review of the financial statements for the period.
 
 

PART IV ¾ OTHER INFORMATION
 
(1)
Name and telephone number of person to contact in regard to this notification
  
 
 
Perry D. Logan
 
 
(480)
 
 
993-2300
 
(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
 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?
                
 
 
 o
Yes
x
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.
    
 
 
    
 
    
 
 
Skye, International, 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
May 15, 2007
By  
/s/ Perry D. Logan
    
 
 
 
 Perry D. Logan, President
    
 
 
    
 
    
 
    
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