Unassociated Document
CTI
Industries Corporation
22160
North Pepper Road
Barrington,
IL 60010
May
15,
2007
Securities
& Exchange Commission
450
Fifth
Street, N.W.
Washington
DC 20549-1004
Re:
CTI
INDUSTRIES CORPORATION
Gentlemen:
Pursuant
to the requirements of the Securities Exchange Act of 1934, we are
transmitting
herewith the attached Form 12b-25, Notification of Late Filing, for
Form
10-Q
for the fiscal quarter ended March 31, 2007.
Very
truly yours,
CTI
INDUSTRIES CORPORATION
/s/
Stephen M. Merrick
Stephen
M. Merrick
Executive
Vice President and
Chief
Financial Officer
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
One):[ ]Form 10-K [ ]Form 20-F [ ]Form 1l-K [X]Form 10-Q [ ]Form
N-SAR
For
Period Ended March 31, 2007
[
]
Transition Report on Form 10-K SEC FILE NUMBER
[
]
Transition Report on Form 20-F 000-23115
[
]
Transition Report on Form 11-K
[
]
Transition Report on Form 10-Q CUSIP NUMBER
[
]
Transition Report on Form N-SAR 125961300
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
CTI
INDUSTRIES CORPORATION
--------------------------
Full
Name
of Registrant
-------------------------
Former
Name if Applicable
22160
North Pepper Road
---------------------------------------------------------
Address
of Principal Executive Office (Street and Number)
Barrington,
IL 60010
------------------------
City,
State and Zip Code
PART
II -
RULES12b-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)
(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 annual report, semi-annual report,
transition
report on Form 10-K, Form 20-F, I
I-K,
Form
N-SAR, or portion thereof, will be
filed
on
or before the fifteenth calendar day
[X] 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
(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, 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)
In
order
for the Company to complete the preparation and review of financial and
narrative information for its fiscal quarter ended March 31, 2007, the Company
requires additional time to file its Form 10-Q for such fiscal
quarter.
PART
IV--OTHER INFORMATION
(1) Name
and
telephone number of person to contact in regard to this
notification:
STEPHEN
M. MERRICK 312 284-1520
----------------
---------
----------------
(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 reports)
been
filed? If answer is no, identify report(s).
[
X] 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?
[
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.
CTI
INDUSTRIES CORPORATION
(Name
of Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned
hereunto
duly authorized.
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Date: May
15,
2007 |
By: |
/s/ Stephen
M. Merrick |
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Stephen
M. Merrick |
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Title Executive
Vice President |
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
misstatements or omissions of fact constitute Federal Criminal violations (See
18 U.S.C. 1001).
The
Company estimates that it will report net sales of approximately $8,278,874
for
the
fiscal
quarter ended March 31, 2007, as compared to net sales of $8,156,223 for the
quarter ended March 31, 2006. The Company estimates that it will report a net
loss of approximately $52,212 for the fiscal quarter ended March 31, 2007,
compared to net income of $219,768 for the quarter ended March 31,
2006.