SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number
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: June 30, 1999
Transition Report on Form 10-K
Transition Report on Form 10-Q
Transition Report on Form 20-F
Transition Report on Form N-SAR
Transition Report on Form 11-K
For the Transition Period Ended:
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 I
REGISTRANT INFORMATION
Full name of registrant : Internet Law Library, Inc.
Former name if applicable: Planet Resources, Inc.
Address of principal executive office
Street and number): 4301 Windfern, Suite 200
City, state and zip code : Houston, Texas 77041
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 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, 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 Company is unable to prepare and assemble the
documentation necessary for filing the report on Form 10-K
in the prescribed time period because of recent changes in
management and legal counsel. The Company has recently hired
a Chief Financial Officer and changed its legal counsel. As
a result, the Chief Financial Officer and his staff and the
Company's legal counsel need additional time to complete the
information for the report.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact
in regard to this notification
Carol Ann Wilson (281) 600-6000
(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.
In March 1999, the Company completed a reverse merger
with National Law Library, Inc., an Internet company that
provides subscription legal research facilities through its
Internet portal. National Law began its
revenue-generating operations during the first calendar
quarter of 1999. The results of these operations will be
reflected in the Company's financial statements to be
included in this Form 10-K and will represent a significant
change from the results of operations reported in the
corresponding period for the last fiscal year.
After giving effect to its continuing operations and those
non-Internet operations to be discontinued, the Company
expects to report a net loss of approximately $600,000 for the
year ended June 30, 1999.
Internet Law Library, Inc.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by
the undersigned authorized to do so.
Date: September 29, 1999
By: //s// Hunter M.A.Carr, Chairman/CEO
