UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B 25
SEC FILE NUMBER
NOTIFICATION OF LATE FILING
CUSIP NUMBER
297591 10 9
(Check One): ( ) Form 10 K ( ) Form 20 F ( ) Form 11 K
(X) Form 10 Q ( ) Form N SAR
For Period Ended: JUNE 30, 2001
( ) 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:
PART I REGISTRANT INFORMATION
ESYNCH CORPORATION
Full Name of Registrant
INNOVUS CORPORATION
Former Name if Applicable
15502 MOSHER AVE
Address of Principal Executive Office (Street and Number)
TUSTIN, CA 92780
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;
[X] (b) The subject annual report, semi annual report, transition
report on Form 10 K, Form 20 F, Form 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 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 applicable.
PART III 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 Need)
SEC 1344 (6/94)
ESYNCH CORPORATION (THE "COMPANY") IS UNABLE TO TIMELY FILE ITS FORM 10-QSB FOR
THE THREE MONTHS ENDED JUNE 30, 2001, BECAUSE MANAGEMENT WAS UNABLE TO SUPPLY
TO THE COMPANY'S INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS IN A TIMELY MANNER THE
ACCOUNTING FOR THE QUARTER. THE COMPANY INTENDS TO FILE ITS REPORT ON FORM
10-QSB FOR THE QUARTER ENDED JUNE 30, 2001 PROMPTLY AFTER THE INDEPENDENT
CERTIFIED PUBLIC ACCOUNTANTS' REVIEW FOR THE QUARTER IS COMPLETED.
PART IV OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
THOMAS C. HEMINGWAY 714 258-1900
(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 ( )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 there?
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.
(X)Yes ( )No
ESYNCH CORPORATION
-------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned
hereunto duly authorized.
Date: AUGUST 14, 2001 By /S/ THOMAS HEMINGWAY
-----------------------------------------
THOMAS HEMINGWAY, CHIEF EXECUTIVE OFFICER
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).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b 25 (17 CFR 240.12b 25 ) of the
General Rules and Regulations under the Securities Exchange Act of
1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and
Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0
3 of the General Rules and Regulations under the Act. The information
contained in or filed with the form will be made a matter of public
record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be
filed with each national securities exchange on which any class of
securities of the registrant is registered.
4. Amendments to the notifications must also be filed on Form 12b 25 but
need not restate information that has been correctly furnished. The
form shall be clearly identified as an amended notification.
5. Electronic Filers. This form shall not be used by electronic files
unable to timely file a report solely due to electronic difficulties.
Files unable to submit a report within the time period prescribed due
to difficulties in electronic filing should comply with either Rule
201 or Rule 202 of Regulation S T (Section232.201 or Section232.202
of
this chapter) or apply for an adjustment in filing date pursuant to
Rule 13(b) of Regulation S T (Section232.13(b) of this charter).
ATTACHMENT
STATEMENT OF SIGNIFICANT CHANGE IN RESULTS OF OPERATIONS
The following information is current at the time of the filing of this
Form NT 10-Q and is subject to change and correction upon final filing of
Form 10-QSB for the period ended June 30, 2001.
The Company has incurred losses from operations and negative cash flows
from operating activities and has accumulated a negative tangible net
worth at June 30, 2001 in the amount of approximately $3,900,000.
During the three and six months ended June 30, 2001, net sales were
$122,000 and $249,500 compared to $336,546 and $533,094 for the
comparable periods of the prior year. The cost of products sold in the
three and six months ended June 30, 2001 were $39,400 and $63,400
compared to $41,568 and $52,811 for the comparable periods of the prior
year.
Operating losses for the three and six months ended June 30, 2001 were
$1,814,000 and $3,599,000 compared to an operating losses of $1,922,005
and $3,586,715 for the comparable periods of the prior year.
The Company estimates that during the quarter it was using approximately
$300,000 more cash each month than was generated by operations.