FIRST SUNRISE INC
NT 10-Q, 2000-02-15
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                                                     |     SEC FILE NUMBER     |
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                                                     |        333-141389       |
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                                                     |      CUSIP NUMBER       |
                                                     |                         |
                                                     |          37939P         |
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                                    UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549

                                     FORM 12b-25

                             NOTIFICATION OF LATE FILING

  (Check One):
|_| Form 10-K    |_| Form 20-F    |_| Form 11-K   |X| Form 10-Q   |_| Form N-SAR
For Period Ended:  December 31, 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:
                                                      --------------------------

                         Read Instruction (on back page)
                  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
   Global Sources Limited
  ------------------------------------------------------------------------------
  Full Name of Registrant
   N/A
  ------------------------------------------------------------------------------
  Former Name if Applicable
   First Sunrise, Inc.
  ------------------------------------------------------------------------------
  Address of Principal Executive Office (Street and Number)
  342 Madison Avenue Suite 1500
  ------------------------------------------------------------------------------
  City, State and Zip Code
  New York, NY  10173


<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;
(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
[X]  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 Forms 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be
filed within the prescribed time period. See Exhibit A attached hereto.

                 (ATTACH EXTRA SHEETS IF NEEDED) SEC 1344 (2-99)

PART IV -- OTHER INFORMATION
(1)   Name and telephone number of person to contact in regard to this
      notification

      John D. Mazzuto              212                         687-6363
      -----------------------------------------------------------------------
           (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 such
      reports. Yes | X | 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 | | No | X | 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.
                              Global Sources Limited
                  --------------------------------------------
                  (Name of Registrant as Specified in Charter)

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

Date    February 14, 2000                  By:  /s/ John D. Mazzuto
        -----------------                  ------------------------
                                           President and Chief Financial 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 misstatement or omissions of fact constitute
                FEDERAL CRIMES VIOLATIONS (SEE 18 U.S.C. 1001.)
- --------------------------------------------------------------------------------
                              GENERAL INSTRUCTIONS
1.  This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
    Rules and Regulations under the Securities Exchange Act of 1934.
2.  One signed original and four conformed copies of this form and
    amendments thereto must be completed and filed with the Securities
    and Exchange Commission, Washington, D.C. 20549, in accordance
    with Rule 0-3 of the General Rules and Regulations under the Act.
    The information contained in or filed with the form will be made
    a matter of public record in the Commission files.
3.  A manually signed copy of the form and amendments thereto shall be
    filed with each national securities exchange on which any class of
    securities of the registrant is registered.
4.  Amendments to the notifications must also be filed on form 12b-25 but
    need not restate information that has been correctly furnished. The
    form shall be clearly identified as an amended notification.
5.  Electronic Files. This form shall not be used by electronic
    filers unable to timely file a report solely due to electronic
    difficulties. Filers unable to submit a report within the time
    period prescribed due to difficulties in electronic filing should
    comply with either Rule 201 or Rule 202 of Regulation S-T
    (Section 232.201 or Section 232.202 of this chapter) or apply for
    an adjustment in filing date pursuant to Rule 13(b) of Regulation
    S-T (Section 232.13(b) of this chapter).

                             Global Sources Limited
                            Exhibit A to Form 12b-25

                  As a result of unforeseen delays in connection with the
preparation of the Registrant's quarterly financial statements, the
Registrant is unable to file its Quarterly Report on Form 10-Q within the
prescribed time period. The Registrant cannot eliminate the reasons for
its inability to file the foregoing Report without unreasonable effort
and/or expense. The foregoing Report will be filed no later than the fifth
calendar day following the prescribed due date for the Report.




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