UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
One): xForm
10-K oForm 20-F oForm 1l-K oForm
10-Q oForm N-SAR
For
Period Ended: December 31, 2005
o
Transition
Report on Form 10-K SEC
FILE
NUMBER
o
Transition
Report on Form 20-F 000-23115
o
Transition
Report on Form 11-K
o
Transition
Report on Form 10-Q CUSIP
NUMBER
o
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 -
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, I I-K,
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 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 year ended December 31, 2005, the Company
requires additional time to file its Form 10-K for such fiscal
year.
PART
IV--OTHER INFORMATION
(1) |
Name
and telephone number of person to contact in regard to this notification
|
TIMOTHY
F. DOBRY
|
|
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 o
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 o
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.
|
|
|
|
|
|
Date:
March 30, 2006 |
By: |
/s/
Howard W. Schwan |
|
Howard
W. Schwan,
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 expects to report net sales of approximately $6,480,000 for the fiscal
quarter ended December 31, 2005, as compared to net sales of $8,582,000 for
the
quarter ended December 31, 2004, and to report net sales of approximately
$29,190,000 for the year ended December 31, 2005 compared to net sales of
$37,193,000 for the year ended December 31, 2004. The Company expects to report
net income for the quarter ended December 31, 2005 of approximately $52,000
compared to a net loss for the quarter ended December 31, 2004 of ($2,565,000),
and to report a net loss for the full year ended December 31, 2005 of
approximately $(333,000) compared to a net loss for the full year ended December
31, 2004 of ($2,479,374).