NT 10-K 1 f12b25abakanextmay2014.htm ABAKAN EXT FILING Converted by EDGARwiz




FORM 12b-25


SEC File Number


(Check One):

þ  Form 10-K ¨  Form 20-F ¨  Form 11-K ¨  Form 10-Q

¨  Form 10-D ¨  Form N-SAR ¨  Form N-CSR

For Period Ended: May 31, 2014

¨  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:

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:


Full Name of Registrant:

Abakan Inc.

Former Name if Applicable:


Address of Principal Executive Office:

2665 S. Bayshore Drive, Suite 450

Miami, Florida 33133

PART II – RULE 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.)

þ     (a)    The reasons described in reasonable detail in Part III of this form could not be eliminated

without unreasonable effort or expense;

þ      (b)   The subject annual report, semi-annual report, transition report on Form 10-K, Form 2-F, 11-F,

or From 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 or 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



State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR or the

transition report or portion thereof, could not be filed within the prescribed time period.

Abakan Inc. (the “Company”) cannot complete its Form 10-K by August 29, 2014, as management’s

review of its consolidated financial statements has been delayed by those processes associated with a

valuation of the Company’s exchange of a portion of its interest in Powdermet, Inc. for an increased

interest in MesoCoat, Inc. The delay cannot be cured without unreasonable effort or expense. In

accordance with Rule 12b-25 under the Securities Exchange Act of 1934, the Company anticipates filing

its Form 10-K no later than fifteen calendar days following the prescribed due date.


(1)   Name and telephone number of person to contact in regard to this notification

Robert H. Miller

(786) 206-5368


(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 the answer is

no, identify report(s). þ Yes ¨ 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? ¨ Yes  þNo

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.  N/A

Abakan Inc.

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

Date: August 29, 2014

By: /s/ Robert H. Miller

Robert H. Miller, Chief Executive Officer

ATTENTION: Intentional misstatements or omissions of fact constitute

Federal criminal violations (see 18 U.S.C. 1001).