GLOBUS INTERNATIONAL RESOURCES CORP
NT 10-Q, 1999-08-13
GROCERIES, GENERAL LINE
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                     U.S. Securities and Exchange Commission
                             Washington, D. C. 20549

                    ----------------------------------------

                                   FORM 12b-25
                           NOTIFICATION OF LATE FILING

                           SEC File Number: 33-37203-D

                                  (Check One):

[ ] Form 10-K and Form 10-KSB   [ ] Form 20-F   [ ] Form 11-K

[x] Form 10-Q and Form 10-Q-SB    [ ] 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: All Items.

Part I - Registration Information

         Full Name of Registrant:           Globus International Resources Corp.

         Former Name if Applicable:

         Address of Principal Executive
         Office:                            Two World Trade Center, Suite 2400
                                            New York, NY 10048

<PAGE>


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 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;                                              [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 Form 10-K and Form 10-KSB,  10-
Q and Form 10-QSB,  N-SAR, or the transition report or portion thereof could not
be filed within the prescribed period.

     Management is in the process of finalizing the Company's  operating results
for the nine months ended June 30, 1999.

<PAGE>


Part IV - Other Information

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

     Yury Greene              (212) 839-8000

     (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  preceeding  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 reason why a  reasonable
estimate of the results cannot be made.

<PAGE>


                      GLOBUS INTERNATIONAL RESOURCES CORP.
                  (Name of Registrant as specified in charter)

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

Date: August 13, 1999                   By:  /s/ Serge Pisman
                                             -------------------
                                             Serge Pisman,
                                             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.

                                    ATTENTION

Intentional  misstatements  or omissions  of fact  constitute  Federal  Criminal
Violations (see U.S.C. 1001).



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