<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SCHEDULE 14C INFORMATION
(Check One): [X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR
For Period Ended: June 30, 1999
-------------------------
[ ] 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: _________________
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
Rnethealth.com, Inc.
Full Name of Registrant
Recovery Network, Inc.
Former Name if Applicable
1411 5th Street, Suite 200
Address of Principal Executive Officer (Street and Number)
Santa Monica, CA 90401
City, State and Zip Code
PART II - RULES 12B-25(b) AND (c)
If the subject report could not be filed without unreasonable effort of 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, Form
N-SAR, or portion thereof, will be filed on or before
<PAGE> 2
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
[X] 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 the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant was unable to file its Form 10-K within the prescribed
time period due to unanticipated delays in the completion of the audit of the
Registrant's financial statements for the fiscal year ended June 30, 1999 by its
independent auditors Corbin & Wertz. The audit of the Registrant's financial
statements for the fiscal year ended June 30, 1999 is currently underway and it
is anticipated such audit will be completed by October 13, 1999.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Stacey A. Romm (310) 393-3979
--------------------- ----------- -----------------
(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 reports) been filed? If
answer is no, identify reports).
[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
Rnethealth.com, 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: October 4, 1999 By: /s/ Stacey A. Romm
----------------------
Stacey A. Romm
Financial Controller
<PAGE> 3
[CORBIN & WERTZ LETTERHEAD]
To Whom It May Concern:
Corbin and Wertz was unable to complete the audit of Rnethealth.com, Inc. (the
"Company") for the year ended June 30, 1999 before September 28, 1999 due to
unforeseen circumstances beyond the Company's control. We are in the process of
completing such audit for the year ended June 30, 1999 and anticipate the audit
to be completed within the prescribed time set forth in Rule 12b-25(b)(2)(ii).
Corbin & Wertz
