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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000892569-06-000725.txt : 20060516
<SEC-HEADER>0000892569-06-000725.hdr.sgml : 20060516
<ACCEPTANCE-DATETIME>20060516160452
ACCESSION NUMBER:		0000892569-06-000725
CONFORMED SUBMISSION TYPE:	NT 10-Q
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060331
FILED AS OF DATE:		20060516
DATE AS OF CHANGE:		20060516
EFFECTIVENESS DATE:		20060516

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VYREX CORP
		CENTRAL INDEX KEY:			0000933972
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				880271109
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NT 10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27866
		FILM NUMBER:		06845920

	BUSINESS ADDRESS:	
		STREET 1:		2159 AVENIDA DE LA PLAYA
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
		BUSINESS PHONE:		6194544462

	MAIL ADDRESS:	
		STREET 1:		2159 AVENIDA DE LA PLAYA
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-Q
<SEQUENCE>1
<FILENAME>a20767ntnt10vq.htm
<DESCRIPTION>FORM 12B-25
<TEXT>
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<HEAD>
<TITLE>nt10vq</TITLE>
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>U.S. SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, DC 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 12b-25</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>NOTIFICATION OF LATE FILING</B>
</DIV>

<DIV style="position: relative; float: left; width: 60%">

<DIV align="center" style="font-size: 10pt; margin-top: 0pt">&nbsp;
</DIV>

</DIV>
<DIV style="position: relative; float: right; width: 30%">
<P>
<DIV style="width: 100%; border: 1px solid black; padding: 11px;">

<DIV align="center" style="font-size: 10pt; margin-top: 8pt">SEC FILE NUMBER<BR>
<U>000-27866</U>
</DIV>
</DIV>

<p>


<DIV style="width: 100%; border: 1px solid black; padding: 11px;">


<DIV align="center" style="font-size: 10pt; margin-top: 8pt">CUSIP NUMBER<BR>
Common 88-0271109
</DIV>
</DIV>

</DIV>
<BR clear="all"><BR>




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>(Check
One):</I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="Wingdings">&#111;</FONT> Form&nbsp;10-K and Form&nbsp;10-KSB <FONT face="Wingdings">&#111;</FONT> Form&nbsp;20-F <FONT face="Wingdings">&#111;</FONT> Form&nbsp;11-K <FONT face="Wingdings">&#120;</FONT> Form&nbsp;10-Q and Form&nbsp;10-QSB<BR>
<FONT face="Wingdings">&#111;</FONT> Form&nbsp;N-SAR
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">For Period Ended: March&nbsp;31, 2006<BR>
<FONT face="Wingdings">&#111;</FONT> Transition Report on Form&nbsp;10-K<BR>
<FONT face="Wingdings">&#111;</FONT> Transition Report on Form&nbsp;20-F<BR>
<FONT face="Wingdings">&#111;</FONT> Transition Report on Form&nbsp;11-K<BR>
<FONT face="Wingdings">&#111;</FONT> Transition Report on Form&nbsp;10-Q<BR>
<FONT face="Wingdings">&#111;</FONT> Transition Report on Form&nbsp;N-SAR
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">For the Transition Period Ended:
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Nothing in this form shall be construed to imply that the Commission has verified any<BR>
information contained herein.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">If the notification relates to a portion of the filing checked above, identify the Item(s) to<BR>
which the notification relates:
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part I &#151; Registrant Information</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Full Name of Registrant<BR>
<BR>
Vyrex Corporation
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Former Name if Applicable
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">n/a
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Address of Principal Executive Office <I>(Street and Number)</I>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">2159 Avenida de la Playa
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">City, State and Zip Code
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">La Jolla, California 92037
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part II &#151; Rules&nbsp;12b-25(b) and (c)</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">If the subject report could not be filed without unreasonable efforts or expense and the registrant<BR>
seeks relief pursuant to Rule&nbsp;12b-25(b), the following should be completed. (Check box if<BR>
appropriate.)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">(a)&nbsp;The reasons described in reasonable detail in Part III of this form could not be<BR>
eliminated without unreasonable effort or expense; <FONT face="Wingdings">&#120;</FONT>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">(b)&nbsp;The subject annual report, semi-annual report, transition report on Form&nbsp;10-K, Form&nbsp;20-F,<BR>
11-K or Form&nbsp;N-SAR, or portion thereof will be filed on or before the fifteenth calendar day<BR>
following the prescribed due date; or the subject quarterly report or transition report on Form<BR>
10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed<BR>
due date; and <FONT face="Wingdings">&#120;</FONT>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">(c)&nbsp;The accountant&#146;s statement or other exhibit required by Rule&nbsp;12b-25(c) has been attached<BR>
if applicable.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part III &#151; Narrative</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">State below in reasonable detail the reasons why Form&nbsp;10-K and Form&nbsp;10-KSB, 20-F, 11-K, 10-Q and<BR>
Form&nbsp;10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the<BR>
prescribed period.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">The Company was not able to complete its interim financial statements due to the delay in the<BR>
completion of the 2005 annual audit. The Company needs extra time to complete its 10QSB and will<BR>
expect to file by May&nbsp;20, 2006.
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part IV &#151; Other Information</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Name and telephone number of person to contact in regard to this notification</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">G. Dale Garlow(858) 454-4446
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Have all other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or Section&nbsp;30 of the Investment
Company Act of 1940 during the preceding 12&nbsp;months or for such shorter period
that the registrant was required to file such&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;report(s) been filed? If the
answer is no, identify report(s).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT face="Wingdings">&#111;</FONT> Yes <FONT face="Wingdings">&#120;</FONT> No
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Form&nbsp;10K SB for the Fiscal Year ended December&nbsp;31, 2005.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>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?</TD>
</TR>

</TABLE>
</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT face="Wingdings">&#111;</FONT> Yes <FONT face="Wingdings">&#120;</FONT> No
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">If so: attach an explanation of the anticipated change, both narratively and quantitatively,<BR>
and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Vyrex Corporation<BR>
(Name of Registrant as specified in charter)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">has caused this notification to be signed on its behalf by the undersigned there unto duly<BR>
authorized.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: May 15, 2006&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">By            /s/   G. Dale Garlow
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">G. Dale Garlow, Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


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