Unassociated Document
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SEC FILE NUMBER
333-100979
 
Washington, D.C. 20549
  
 
 
FORM 12b-25
CUSIP NUMBER
51664Q102

NOTIFICATION OF LATE FILING

(Check One):   o Form 10-K   o  Form 20-F   o  Form 11-K    x  Form 10-Q   o  Form 10D  o Form N-SAR   o  Form N-CSR

For Period Ended:  September 30, 2010

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 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
 
Lapis Technologies, Inc.
Full Name of Registrant
 
Former Name if Applicable
 
70 Kinderkamack Road
Address of Principal Executive Office (Street and Number)
 
Emerson, New Jersey  07630
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.)
 
  (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, 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 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.
 
(Attach Extra Sheets if Needed)
 
Our Form 10-Q could not be filed within the prescribed time period due to unexpected delays in completing our financial statements and providing them to our independent accountants for review.

PART IV
OTHER INFORMATION
 
(1) Name and telephone number of person to contact in regard to this notification
 
David Lucatz, Chief Executive Officer
  
201
  
225-0190
(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 o
 
 
(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     No x
 
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.
 
Lapis Technologies, 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
November 15, 2010
  
By
/s/ David Lucatz
     
Name:  David Lucatz
Title:  Chief Executive Officer

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