U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
COMMISSION FILE NUMBER 0-23590
CUSIP NUMBER 58516G 10 9
MEGAMEDIA NETWORKS, INC.
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[ ] Form 10-Q and Form 10-QSB [ ] Form 11-K [ ] Form 20-F
For Period Ended: December 31, 1999
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:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant: MEGAMEDIA NETWORKS, INC.
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Former Name if Applicable:
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Address of Principal Executive Office (Street Number): 57 WEST PINE STREET
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City, State and Zip Code: ORLANDO, FLORIDA 32801
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PART II - RULE 12B-25(b) AND (c)
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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 appropriate box.)
[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, 10-KSB, 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; and
[ ] (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
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PART III- NARRATIVE
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State below in reasonable detail the reasons why the Form 10-K and Form 10-KSB,
11-K, 20-F, Form 10-Q and Form 10-QSB, N-SAR or transition report or portion
thereof could not be filed within the prescribed time period.
The Company's Annual Report on Form 10-KSB for the fiscal year ended December
31, 1999 cannot be filed within the prescribed time period because the Company
is experiencing delays in the collection of certain information required to be
included in the Form 10-KSB. The Form 10-KSB will be filed as soon as reasonably
practicable and in no event later than the fifteenth calendar day following the
prescribed due date.
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PART IV- OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification:
STEVEN H. NOBLE (407) 245-3636
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(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 during the preceding 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?
[X] Yes [ ] 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 cannot be made.
MegaMedia Networks, Inc.'s net loss for the fiscal year ended December
31, 1999 is anticipated to be approximately $(857,249) versus a net
income of $ -0- for the fiscal year ended December 31, 1998.
MEGAMEDIA NETWORKS, INC.
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Name of Registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 28, 2000 By: /s/ STEVE H. NOBLE
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Name: Steve H. Noble
Title: Chief Financial Officer
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