FRAGRANCENET COM INC
NT 10-K, 2000-06-30
RETAIL STORES, NEC
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                                                           SEC FILE NUMBER
                                                               0-16819

                                                             CUSIP NUMBER
                                                               351684105

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check One):    |X| Form 10-K     |_| Form 20-F     |_| Form 11-K
                |_| Form 10-Q     |_| Form N-SAR

                For Period Ended: March 31, 2000
                                  --------------

                [  ]  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 Instruction (on back page) 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

                           FragranceNet.com, Inc.
--------------------------------------------------------------------------------

Full Name of Registrant

                           N/A
--------------------------------------------------------------------------------

Former Name if Applicable

                           2070 Deer Park Avenue
--------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

                           Deer Park, New York  11729
--------------------------------------------------------------------------------
City, State and Zip Code

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)

               (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, 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 of transition report on form
    /X/               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 Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. See Exhibit A attached hereto.

                                                 (Attach Extra Sheets if Needed)
                                                                 SEC 1344 (2-99)
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PART IV -- OTHER INFORMATION

(1)     Name and telephone number of person to contact in regard to this
        notification

  Dennis M. Apfel, Esq.        631                      242-3205
------------------------ ---------------- -----------------------------------
           (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 answer is no, identify such reports.               Yes |X| 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 ? No|X|

        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.

                             FragranceNet.com, Inc.
              ----------------------------------------------------
                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date    June 29, 2000                                By  /s/ Dennis M. Apfel
        -------------                                -----------------------
                                                         Dennis M. Apfel
                                                         Chief Financial Officer

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 misstatement or omissions of fact constitute
                FEDERAL CRIMES VIOLATIONS (SEE 18 U.S.C. 1001.)

                              GENERAL INSTRUCTIONS

1.   This form is required by Rule 12b-25 (17 CFR 240.12b-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 Files. 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 (ss.232.201 or ss.232.202 of this chapter) or
     apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation
     S-T (ss.232.13(b) of this chapter).

<PAGE>

                            Exhibit A to Form 12b-25

                  As a result of unforeseen delays in connection with the
preparation of the Registrant's annual financial statements, the Registrant is
unable to file its Annual Report on Form 10-KSB within the prescribed time
period. The Registrant cannot eliminate the reasons for its inability to file
the forgoing Report without unreasonable effort and/or expense. The foregoing
Report will be filed no later than the fifteenth calendar day following the
prescribed due date for the Report.



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