-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NL7Sa46wgQkHRg8gatd7nleBj5XvKVQtZnf3oGhyJ//jdYUhjjX+ACCYZV7uFFod OGWiPqOCtJKnjEDKfengzA== 0001144204-08-030258.txt : 20080516 0001144204-08-030258.hdr.sgml : 20080516 20080516124257 ACCESSION NUMBER: 0001144204-08-030258 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 EFFECTIVENESS DATE: 20080516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DCI USA, INC CENTRAL INDEX KEY: 0001120210 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 223742159 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-31143 FILM NUMBER: 08841206 BUSINESS ADDRESS: STREET 1: 19 WEST 44TH STREET CITY: NEW YORK STATE: NY ZIP: 10023 BUSINESS PHONE: 212-938-1545 MAIL ADDRESS: STREET 1: 19 WEST 44TH STREET CITY: NEW YORK STATE: NY ZIP: 10023 FORMER COMPANY: FORMER CONFORMED NAME: GAVELLA CORP DATE OF NAME CHANGE: 20000725 NT 10-Q 1 v114782_nt10q.htm
 
 
 
SECURITIES AND EXCHANGE COMMISSION
 
 
Washington, D.C. 20549 
 
 
FORM 12B-25 
 
 
NOTIFICATION OF LATE FILING 
 
SEC File Number: 000-31143
 
CUSIP Number:  368075 10 7
 
Check One:
o  Form 10-K
o  Form 20-F
o  Form 11-K
x  Form 10-Q  
o  Form NSAR   

For the period ended: March 31, 2008
 
o  Transition Report on Form 10-K
 
o  Transition Report on Form 20-F
 
o  Transition Report on Form 11-K
 
o  Transition Report on Form 10-Q
 
o  Transition Report on Form NSAR
 
For the transition period ended:  Not Applicable 
 
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: Not Applicable 
 
 
PART I - REGISTRANT INFORMATION 
 
 
Full Name of Registrant: DCI USA, Inc.
 
 
Former Name if Applicable: N/A
 
Address of Principal Executive Office: 8 Bond Street, Great Neck, NY 11021
 
 

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 reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense.
 
(b) 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 or 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
 
(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, 20-F, 11-K, 10-Q, or N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.  
 
DCI USA, Inc. (the "Company") could not complete the filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2008 due to a delay in obtaining and compiling information required to be included in the Company's Form 10-Q, which delay could not be eliminated by the Company without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, as amended, the Company will file its Form 10-Q no later than the fifth calendar day following the prescribed due date. 
 
PART IV - OTHER INFORMATION 
 
(1) Name and telephone number of person to contact in regard to this notification:
 
David Lubin, Esq.  516      887-8200
 
(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 for 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?  
 
Yes x No o 
 
If answer is no, identify report(s): Not Applicable 
 
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal years will be reflected by the earning statements to be included in the subject report or portion thereof?  
 
Yes x No o 
 

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.
 
DCI USA, INC.
         
P&L
         
           
   
Three Months Ended March 31,
 
   
2008
 
2007
 
Operating Income:
         
Revenue
 
$
-
 
$
-
 
Interest income
   
8,413
   
6,252
 
Total income
   
8,413
   
6,252
 
               
               
Expenses:
             
General and administrative expense
   
30,760
   
80,405
 
Interest expense
   
227,875
   
63,817
 
Professional fees
   
41,600
   
54,624
 
Consulting fees
   
-
   
89,256
 
Total expenses
   
300,235
   
288,101
 
               
Loss from operations
   
(291,822
)
 
(281,849
)
               
Net loss on investments
   
30,756
   
30,811
 
Net loss before income taxes
   
(322,578
)
 
(312,660
)
               
Provision for income taxes
             
               
Net loss
 
$
(322,578
)
$
(312,660
)
               
               
significant changes in operations between 2007 & 2008
             
 
1
as of 3-31-2007 DCI lent ARI via Gunther wind energy $638,000. asof 3-31-2008 the investment in Ari was $2,665,000. the sources of the funding were loans from a bank & from related parties. as a result interest expenses increased by 257%
2
consulting fees in 2007 represent cost of option granted. This expense item does not exist in 2008
3
G & A expenses were reduced by 62% as expenses related to the purchase of Gunter wind energy & ARI did not exist in 2008
 
 
           
 

 



 
 
 
DCI USA, INC.
 
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.  
 
 
Date: May 15, 2008
 
 

 
                                        By:  /s/ Jonathan Rigbi        
                                        Name:  Jonathan Rigbi
                                        Title:  Chief Financial Officer

 
ATTENTION
 
 
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001)
 
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