NT 10-Q 1 dnt10q.htm NOTIFICATION OF LATE FILING

Notification of Late Filing

(Check One): ¨  Form 10-K and
      Form 10-KSB ¨  Form 20-F ¨  Form 11-K     x  Form 10-Q and
      Form 10-QSB ¨  Form N-SAR U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER     000-27866 CUSIP NUMBER     Common 92926R 10 8

For Period Ended: September 30, 2005

¨   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:                                                              

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

Vyrex Corporation

Full Name of Registrant

n/a

Former Name if Applicable

2159 Avenida de la Playa

Address of Principal Executive Office (Street and Number)

La Jolla, California 92037

City, State and Zip Code

Part II - Rules 12b-25(b) and (c)

If the subject report could not be filed without unreasonable efforts 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, 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 Form 10-K and Form 10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the prescribed period.

The Company was not able to complete the financial statements due to delays caused by the reverse stock split. The Company needs extra time to complete its 10QSB and will expect to file by November 21, 2005.

Part IV - Other Information

(1) Name and telephone number of person to contact in regard to this notification

G. Dale Garlow (858) 454-4446

(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 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?    ¨  Yes    x  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.

Vyrex Corporation

(Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned there unto duly authorized.

Date:		November 14, 2005		By		/s/ G. Dale Garlow
						G. Dale Garlow, Chief Executive Officer