SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 001-13669
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(Check one)
[X] Form 10-K [_] Form 11-K [_] Form 20-F
[_] Form 10-Q [_] Form N-SAR
For period ended DECEMBER 31, 2007
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___ Transition Report on Form 10-K and Form 10-KSB
___ Transition Report on Form 20-F
___ Transition Report on Form 11-K
___ Transition Report on Form 10-Q and Form 10-QSB
___ Transition Report on Form N-SAR
For the transition period ended ___________________________
READ ATTACHED INSTRUCTION SHEET 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
Full name of registrant TALON INTERNATIONAL, INC.
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Former name if applicable
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Address of principal executive office (STREET AND NUMBER) 21900
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BURBANK BLVD, SUITE 270
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City, state and zip code WOODLAND HILLS, CALIFORNIA 93167
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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.)
(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
[X] report on Form 10-K, 10-KSB, 20-F, 11 -K or Form N-SAR, or
portion thereof will be filed on or before the 15th calendar
day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q, 10-QSB,
or portion thereof will be filed on of 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 Form 10-K, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could
not be filed within the prescribed time period. (Attach extra sheets if needed.)
The Registrant's Form 10-K, for the fiscal year ended December
31, 2007, could not be filed within the prescribed time period because
certain information and data relating to and necessary for the
completion of the Registrant's financial statements and the completion
of the audit of the financial statements could not be obtained within
such time period without unreasonable effort or expense.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
LONNIE D. SCHNELL (818) 444-4100
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) or 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). [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.
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TALON INTERNATIONAL, INC.
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date MARCH 31, 2008 By /S/ LONNIE D. SCHNELL
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Name: Lonnie D. Schnell
Title: Chief Financial 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).
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PART IV - OTHER INFORMATION
(3) EXPLANATION OF ANTICIPATED CHANGE
The Registrant expects to report revenues of approximately $40.5
million for the fiscal year ended December 31, 2007, compared to $48.8 million
in revenue for fiscal year 2006; a decrease of $8.3 million or 16.9%. Talon
zipper sales increased $4.2 million or 24.4% to $21.2 million for the fiscal
year ended December 31, 2007, compared to $17.0 million for fiscal year 2006.
Trim sales decreased $3.8 million or 16.9% to $18.7 million for the fiscal year
ended December 31, 2007, compared to $22.5 million for fiscal year 2006. Tekfit
sales decreased $8.6 million or 92.7% to $0.7 million for the fiscal year ended
December 31, 2007, compared to $9.3 million for fiscal year 2006. The overall
decrease in sales in 2007 was primarily due to lower sales of our Tekfit
waistband products as a result of the expiration in October of 2006 of our
exclusive contract for these products; and lower trim sales due to fewer and
smaller programs with our customers. Talon zipper sales continued to increase as
we expanded our operations throughout China and southeast Asia; partially
offsetting the declines for the Trim and Tekfit products. At this time, the
Registrant has not yet finalized its financial statements for the year ended
December 31, 2007, and is unable to provide a reasonable estimate of cost of
sales or its net income (loss) for the year ended December 31, 2007.
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