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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 000-27185
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [ ]Form 11-K [ ]Form 20-F
[ ] Form 10-Q [ ]Form N-SAR
For Period Ended December 31, 1999
[ ] Transition Report on From 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on From 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended: ___________________
Read attached instruction sheet 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: ______________________
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PART I
REGISTRANT INFORMATION
Full name of registrant: Global Network, Inc.
Former name if applicable: _____________________
Address of principal executive office: 575 Madison Ave., 10th Floor
City, state and zip code: New York, New York 10022
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 could 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, 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the 15th 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.
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed).
The registrant is a start up business with limited financial and
accounting staff resources. To date, the registrant's management team has
focused these limited resources on the implementation of its business plan and
growth of the business, which has resulted in a delay in the preparation and
filing of its 1999 Form 10-KSB.
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PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
James C. Mason (212) 605-0431
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(Name) (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 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 indicated in
the subject report or portion thereof?
[ ] Yes [ ] No
Not applicable. The registrant was formed in April 1999 and,
accordingly, it did not have any operations during the last
fiscal year.
SIGNATURE
Global Network, 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 30, 2000 By: /s/ James C. Mason
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Its: President
