U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER 1-13002
CUSIP NUMBER 37933T209
(Check One):
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: December 31, 1999
[ ] 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:
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:
PART 1 -- REGISTRANT INFORMATION
Full Name of Registrant
Former Name if Applicable
GLOBAL GOLD CORPORATION
Address of Principal Executive Office (Street and Number)
734 FRANKLIN AVENUE, SUITE 383
GARDEN CITY, NEW YORK 11530-4525
PART II -- RULES 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] 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.
(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
PART III -- NARRATIVE
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 WAITING FOR THE
COMPLETION OF ITS AUDITED FINANCIAL STATEMENT TO BE INCLUDED IN ITS
REPORT ON FORM 10-KSB FOR THE YEAR ENDED DECEMBER 31, 1999. THE
COMPLETION OF SUCH REPORT HAS BEEN DELAYED DUE TO THE COMPANY'S
CHANGE OF ACCOUNTANTS. THE COMPANY INTENDS TO FILE ITS REPORT ON
FORM 10-KSB FOR THE YEAR ENDED DECEMBER 31, 1999 PROMPTLY AFTER THE
RECEIPT OF SUCH AUDITED FINANCIAL STATEMENT FROM ITS NEW ACCOUNTANTS.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification
STEPHEN R. FIELD, ESQ. (212) 332-6050
(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?
[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.
GLOBAL GOLD CORPORATION
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date March 30, 2000 By /s/ Drury J. Gallagher
DRURY J. GALLAGHER,
CHAIRMAN AND
CHIEF EXECUTIVE OFFICER
ATTACHMENT OF FORM 12B-25 FOR
GLOBAL GOLD CORPORATION
PART IV (3) - EXPLANATION OF SIGNIFICANT
CHANGE IN RESULTS OF OPERATIONS
It is anticipated that the registrant's loss for the year
ended December 31, 1999 will be substantially less than that
incurred for its year ended December 31, 1998. Such diminished loss
is due to the registrant's incurrence of lesser expenses for legal,
accounting and other operating expenses during the year ended
December 31, 1999 from those incurred in the period ended December
31, 1998.
