UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 333-
(Check one)
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K
[ ] Form 20-F [X] Form 10-Q and Form 10-QSB Form N-SAR
For period ended: March 31, 2000
--------------
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
For the transition period ended: _________________________
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: ePhone Telecom, Inc.
Former Name if Applicable: N/A
Address of principal executive 1145 Herndon Parkway
office (Street and Number): Suite 100
Herndon, VA 20170
<PAGE>
================================================================================
PART II
RULE 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)
[ 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 or semi-annual report, transition
report on Forms 10-K, 10-KSB, 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, 10-QSB, 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 the Form 10-K, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof, could not be
filed within the prescribed time period. (Attach extra sheets if needed).
ePhone Telecom, Inc. (the "Company") recently appointed a new Chief
Financial Officer to oversee, among other things, the Company's
accounting, auditing and financial reporting requirements. The new
Chief Financial Officer was not provided sufficient opportunity to
review and comment on the Company's first quarter financial
statements and, thus, timely filing of the Form 10-QSB was
precluded. Timely filing of the registrants' Form 10-QSB was also
precluded because the Company moved its headquarters from
Vancouver, Canada to Herndon, Virginia in April of 2000. In
conjunction with this transition, the accountant and auditor
employed by the Company, Grant Thornton, LLP, moved the office
responsible for the Company's accounting from Kelowna, Canada to
Vienna, Virginia and changed the parties responsible for oversight
of the Company's account.
2
<PAGE>
================================================================================
PART IV
OTHER INFORMATION
================================================================================
(1) Name and telephone number of person to contact in regard to this
notification.
Name: Bahram Ossivand
Area code and telephone number: (703) 787-7006
(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
registrants were 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 reasons why a reasonable estimate
of the results can not be made.
ePhone Telecom, Inc.
(Name Of Registrant As Specified In Charter)
have caused this notification to be signed on their behalf by the undersigned
thereunto duly authorized.
Date May 12, 2000
By /s/ Bahram Ossivand
------------------------
Bahram Ossivand
Chief Financial Officer
ePhone Telecom, Inc.
3