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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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:
[_] 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 I
REGISTRANT INFORMATION
AmeriNet Group.com, Inc.
________________________________________________________________________________
Full Name of Registrant
________________________________________________________________________________
Former Name if Applicable
902 Clint Moore Road, Suite 136C
________________________________________________________________________________
Address of Principal Executive Office (Street and Number)
Boca Raton, Florida 33487
________________________________________________________________________________
City, State and Zip Code
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<PAGE>
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 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;
|
| (b) The subject annual report, semi-annual report, transition report
| on Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or portion
[X] | 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 why the 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 has completed all parts of its report on Form 10-KSB for the
period ended June 30, 1999; however, the financial statements and related
management discussion and analysis required therefor have not been completed by
the Registrant's auditors. As indicated in the letter from the Registrant's
auditor, it expects that it will be completed within the next fifteen days. The
delay is a result of the fact that the Registrant has changed its reporting year
end from December 31, to June 30, and concluded a material acquisition on June
24, 1999, and the resulting integration and change in reporting period have
required modifications in information gathering systems.
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<PAGE>
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
G. Richard Chamberlin, ESQ. 352-694-6714
---------------------------------------------------------------------------
(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.
PART IV Number 3
During the first quarter of 1999, the Registrant disposed of all of its
previous operations and during June of 1999, acquired an operating Internet web
design, hosting and operating company. Consequently, the prior operations bear
no resemblance and have no relation to the current operations. Audited financial
statements for the acquired company were filed with the Commission on or about
September 9, 1999.
AmeriNet Group.com, Inc.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date 9/28/99 By /s/ G. Richard Chamberlin
------------------- ---------------------------------------------
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INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed beneath the
signature. If the statement is signed on behalf of the registrant by an
authorized representative (other than an executive officer), evidence of
the representative's authority to sign on behalf of the registrant shall be
filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (see 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 of the General Rules and
Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information contained in or filed with
the form will be made a matter of public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of the
registrant is registered.
4. Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.
5. ELECTRONIC FILERS. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.
(Form 12b-25-07/98)
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<PAGE>
Exhibit A
Letter from G. Richard Chamberlin, General Counsel, Secretary and Director
dated 9/28/99.
Chamberlin Law Office, P.A.*
14950 South Highway 441
Summerfield, Florida 34491
352-694-6714 (voice)
352-694-7153 (fax)
Mail to:
P.O. Box 3370
Belleview, Florida 34421-3370
* G. Richard Chamberlin, Esq.
is a member of the Florida & Georgia Bars only
September 28, 1999
Securities and Exchange Commission
Washington, D.C. 20549
Re: AmeriNet Group.com, Inc f/k/a
Equity Growth Systems, inc., ("Registrant")
Form 10-KSB for the calender year ending June 30, 1999.
Dear Sir:
Except for the financial statements, a completed MD&A which is based on the
financial statements, numerical data citing the financial statements and a final
review by the auditors, directors and management of such data, the Form 10-KSB
for the calender year ending June 30, 1999, including Exhibits has been prepared
and is ready to file.
Sincerely,
/s/ G. Richard Chamberlin
_____________________
G. Richard Chamberlin, Esq.
Director, Secretary, General Counsel
AmeriNet Group.com, Inc. f/k/a
Equity Growth Systems, inc.
cc: Patrick D. Heyn, Daskal, Bolton, Manela, Devlin & Co.
Michael H. Jordan, President, AmeriNet Group.com, Inc..
Penny Adams Field, Director, AmeriNet Group.com, Inc
Anthony Q. Joffe, Director, AmeriNet Group.com, Inc
J. Bruce Gleason, Director, AmeriNet Group.com, Inc
Leonard Tucker, President, the Yankee Companies, Inc.
William A. Calvo III, Vice-President, the Yankee Companies, Inc.
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<PAGE>
Exhibit B
Letter from Penny Adams Field, Audit Committee Chairman and Director
dated 9/27/99
Bill and Richard,
Given my conversations with Michael and the auditors over the last few days it
is apparent that the financial data necessary to complete the draft of the MD&A
for the 10K filing is far from being available. Even this morning, they are
still grappling with issues related with revenue recognition and have yet to
determine what is bookable revenues for the period in question.
My intuition tells me that we can't expect to see an auditor's report for 7-10
days. Since I am in the middle of another SEC filing and a year-end close and
inventory count related to another project, I have put the final draft of the
MD&A on hold for the time being. At the end of the day I will e-mail you the
draft with blanks for future use. Without seeing the financial results we
obviously have nothing meaningful to say for the MD&A.
Please let me know as soon as the information is available.
Best Regards,
/s/ Penny
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<PAGE>
Exhibit C
Letter from accountant dated 9/28/99
DASZKAL, BOLTON, MANELA, DEVLIN & CO.
CERTIFIED PUBLIC ACCOUNTANTS
A PARTNERSHIP OF PROFESSIONAL ASSOCIATIONS
2401 N.W. BOCA RATON BOULEVARD, SUITE 100 BOCA RATON, FLORIDA 33431
TELEPHONE (561) 367-1040 FAX (561) 750-3236
JEFFREY A. BOLTON, CPA, P.A. MEMBER OF THE AMERICAN INSTITUTE
MICHAEL I. DASZKAL, CPA, P.A. OF CERTIFIED PUBLIC ACCOUNTANTS
ROBERT A. MANELA, CPA, P.A.
TIMOTHY R. DEVLIN. CPA, P.A.
MICHAEL S. KRIDEL, CPA, P.A.
AmeriNet Group.com, Inc.
902 Clintmoore Road
Suite 136-c
Boca Raton, Florida 33487
Gentlemen:
This letter is to confirm the fact that the audit of the financial statements
for the period ended June 30, 1999, will not be complete as of September 28,
1999. The delay is the result of Company's recent acquisition of American
Internet Technology Center, Inc. and the change in its year-end to June 30.
/s/ Daszkal Bolton Manela Devlin & Co.
Daszkal Bolton Manela Devlin & Co.
September 28, 1999
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