UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

                                        Commission File Number 0-25148

NOTIFICATION OF LATE FILING

(Check One):

x

Form 10-K

o

 

Form 11-K

o

 

Form 20-F

o

 

Form 10-Q

o

 

Form N-SAR

For Period Ended: September 30, 2007

o

Transition Report on Form 10-K

o

Transition Report on Form 20-F

o

Transition Report on Form 11-K

o

Transition Report on Form 10-Q

o

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:

GLOBAL PAYMENT TECHNOLOGIES, INC.

Former Name if Applicable:

Address of Principal Executive Office (Street and number) :

170 WILBUR PLACE

City, state and zip code:

BOHEMIA, NEW YORK 11716

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, 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 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 Form 10-K, 11-K, 20-F, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Global Payment Technologies, Inc. (the “Registrant”) is unable to timely file its Annual Report on Form 10-K for the fiscal year ended September 30, 2007 (the “Form 10-K”) because the Registrant has been negotiating a refinancing of the company, which it expects to complete soon, and as a result of the efforts required to further said negotiations, the Registrant’s management has not been able to compile the requisite financial data and other narrative information necessary to enable it to have sufficient time to complete the Annual Report without unreasonable effort and expense.

 

PART IV — OTHER INFORMATION

 

(1)

 

 

Name and telephone number of person to contact in regard to this notification:

 

 

William L. McMahon, CEO

 

 

(631)

 

 

563-2500

 

 

 

 

(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).

YES

x

 No

o

 

(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

o

 

 

 

 

 

 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of results cannot be made.

The reported results for Global Payment Technologies, Inc. for the nine months ended June 30, 2007 have been consistently below the results of operations for the corresponding periods in the prior fiscal year.  It is anticipated that the three months ended September 30, 2007 will be consistent with the results of operations for the nine months ended June 30, 2007.

 

 

 

 

Global Payment Technologies, Inc.

 

 

 

(Name of Registrant as Specified in Charter)

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

 

 

Date December 31, 2007  

 

 

By:     /s/ William L. McMahon, Chief Executive Officer
          William L. McMahon, Chief Executive 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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