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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 000-27185
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NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20-F
[X] Form 10-Q [ ] Form N-SAR
For Period Ended June 30, 2000
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[ ] 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.
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Former name if applicable:
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Address of principal executive office: 575 Madison Ave., 10th Floor
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City, state and zip code: New York, New York 10022
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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 in the development stage with limited financial and
accounting staff resources. The quarter ended June 30, 2000 is only the second
quarter in which the registrant generated revenues and the additional accounting
work involved has resulted in a delay in the preparation and filing of its
quarterly report on Form 10-QSB for the quarter ended June 30, 2000.
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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
did not have any operations during the second quarter of 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: August 15, 2000 By: /s/ James C. Mason
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Its: President