UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
000-32877
(Check One) |X| Form 10-K and Form 10-KSB |_| Form 20-F CUSIP NUMBER
|_| Form 11-K |_| Form 10-Q and Form 10-QSB |_| Form N-SAR 74267T109
For Period Ended: __December 31, 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 Instructions (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:
N/A
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PART I - REGISTRANT INFORMATION
Pro-Pharmaceuticals, Inc.
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Full Name of Registrant
N/A
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Former Name if Applicable
189 Wells Avenue, Suite 200
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Address of Principal Executive Office (Street and Number)
Newton, Massachusetts 02459
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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 10-KSB,
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, Form 10-QSB, 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 Form 10-K and Form 10-KSB, Form
20-F, Form 11-K, Form 10-Q and Form 10-QSB, Form N-SAR, or the transition report
or portion thereof, could not be filed within the prescribed time period.
(Attach Extra Sheets if Needed)
The Registrant is unable to file, on the prescribed filing date, without
unreasonable effort and expense, its Annual Report on Form 10-KSB for the year
ended December 31, 2001, because of unanticipated difficulties and delays in
collecting and formatting data.
PART IV - OTHER INFORMATION
(1) Name and telephone number of persons to contact in regard to this
notification
Susan K. Shapiro, Esq. 617 854-4000
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(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
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.
The Registrant anticipates that there will be significant changes in its
results of operations from the corresponding period for the last fiscal
year. However, at this time the Registrant is unable to offer any estimates
because of unanticipated difficulties in collecting and formatting data.
Pro-Pharmaceuticals, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: April 1, 2002 By: /s/ David Platt
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David Platt, Ph.D., 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.