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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER 02-69494
CUSIP NUMBER 37933T209
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11K
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 1997
[ ] 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: ___________________________________
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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 1 -- Registrant Information
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Full Name of Registrant
Former Name if Applicable
Global Gold Corporation
Address of Principal Executive Office (Street and Number)
438 West 37th Street
Suite 5H
New York, New York 10017
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Part II -- Rules 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 box if appropriate)
[X] Yes [ ] No
(a) The reasons defined in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense.
See Part III below.
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(b) The subject matter 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 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.
N/A
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Part III -- Narrative
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State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.
Global Gold Corporation (the "Company") is gathering the financial
information from sources outside the United States that the Company needs to
include in the Accountant's Report with respect to its financial statements
to be included in its Report on Form 10-QSB for the quarter ended June 30,
1997, and needs additional time in order to complete such task. Accordingly,
management is devoting its time to the gathering of such information.
Nevertheless, the Company anticipates that such additional information will
be obtained within the next several business days so that the Company
anticipates that the Report on Form 10-QSB for the quarter ended June 30,
1997 will be filed promptly upon the receipt of, and the subsequent inclusion
of, such data in such Report.
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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
Stephen R. Field, Esq. (212) 332-6050
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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 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 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 cannot be made.
Global Gold Corporation
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date August 10, 1997 By /s/ Drury J. Gallagher
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Drury J. Gallagher,
Chairman and
Chief Executive Officer
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