THE COMPANY INADVERTENTLY OMITTED TO FILE AS AN EXHIBIT THE INDEPENDENT
AUDITORS' CONSENT IN ITS FORM 10-KSB FILED ON MARCH 30, 2000
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------------------
FORM 10-KSB/A
(MARK ONE)
__X__ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1999
OR
_____ TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM ________ TO _________
COMMISSION FILE NUMBER 33-21443
GLOBALNET FINANCIAL.COM, INC.
(Name of Small Business Issuer in Its Charter)
DELAWARE 06-1489574
------------------------------- ----------------------
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification Number)
7284 W. PALMETTO PARK ROAD, SUITE 210
BOCA RATON, FL 33433
- ---------------------------------------------- -----------------------------
(Address of Principal Executive Offices) (Zip Code)
(561) 417-8053
------------------------------------------------
(Issuer's Telephone Number, Including Area Code)
SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE EXCHANGE ACT: NONE
SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE EXCHANGE ACT:
COMMON STOCK $.001 PAR VALUE
CHECK WHETHER THE ISSUER (1) FILED ALL REPORTS REQUIRED TO BE FILED BY
SECTION 13 OR 15(D) OF THE EXCHANGE ACT DURING THE PAST 12 MONTHS (OR FOR SUCH
SHORTER PERIOD THAT THE REGISTRANT WAS REQUIRED TO FILE SUCH REPORTS), AND (2)
HAS BEEN SUBJECT TO SUCH FILING REQUIREMENTS FOR THE PAST 90 DAYS YES _X_ NO ___
CHECK IF THERE IS NO DISCLOSURE OF DELINQUENT FILERS IN RESPONSE TO ITEM
405 OF REGULATION S-B CONTAINED IN THIS FORM, AND NO DISCLOSURE WILL BE
CONTAINED, TO THE BEST OF THE REGISTRANT'S KNOWLEDGE, IN DEFINITIVE PROXY OR
INFORMATION STATEMENTS INCORPORATED BY REFERENCE IN PART III OF THIS FORM 10-KSB
OR ANY AMENDMENT TO THIS FORM 10-KSB. _X_
THE ISSUER'S REVENUES FOR THE FISCAL YEAR ENDED DECEMBER 31, 1999 WERE
$3,370,589.
<PAGE>
THE AGGREGATE MARKET VALUE OF THE COMMON EQUITY HELD BY NON-AFFILIATES OF
THE REGISTRANT BASED ON THE CLOSING PRICE ON NASDAQ OF THE COMMON STOCK ON MARCH
15, 2000 WAS $588,266,178. DIRECTORS, OFFICERS AND TEN PERCENT OR GREATER
STOCKHOLDERS ARE CONSIDERED AFFILIATES FOR PURPOSES OF THIS CALCULATION BUT
SHOULD NOT NECESSARILY BE DEEMED AFFILIATES FOR ANY OTHER PURPOSE.
THE NUMBER OF SHARES OUTSTANDING OF THE ISSUER'S COMMON STOCK AS OF MARCH
15, 2000 WAS 12,779,547 COMMON STOCK AND 34,224,874 CLASS A COMMON STOCK.
TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT (CHECK ONE): YES ___ NO _X_
<PAGE>
In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
GLOBALNET FINANCIAL.COM, INC.
By: /s/ Stanley Hollander
/s/ Stanley Hollander
--------------------------------------
Stanley Hollander, Chairman of the Board,
President and Chief Executive Officer
In accordance with the Exchange Act, this report has been signed by the
following persons on behalf of the registrant in the capacities and on the dates
indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
<S> <C> <C>
/s/ Alan L. Jacobs Executive Vice President and Director April 03, 2000
- ------------------------------------
Alan L. Jacobs
/s/ W. Thomas Hodgson Chief Operating Officer April 03, 2000
- ------------------------------------
W. Thomas Hodgson
/s/ Michael C. Jacobs Chief Financial Officer, Secretary and Treasurer April 03, 2000
- ------------------------------------
Michael C. Jacobs
/s/ Jay J. Matulich Senior Vice President April 03, 2000
- ------------------------------------
Jay J. Matulich
/s/ Ronald B. Koenig Senior Managing Director April 03, 2000
- ------------------------------------
Ronald B. Koenig
/s/ N. Bulent Gultekin Director April 03, 2000
- ------------------------------------
N. Bulent Gultekin
/s/ Kym Anthony Director April 03, 2000
- ------------------------------------
Kym Anthony
/s/ Christopher Jennings Director April 03, 2000
- ------------------------------------
Christopher Jennings
/s/ Michael Whitaker Director April 03, 2000
- ------------------------------------
Michael Whitaker
</TABLE>
<PAGE>
Exhibit Description
23.1 Consent of Richard A. Eisner & Company, LLP
EXHIBIT 23.1
INDEPENDENT AUDITORS' CONSENT
We hereby consent to the incorporation by reference in the Registration
Statements on Form SB-2 (No. 333-72385) of Globalnet Financial.com, Inc. of our
report dated March 17, 2000, which is included in its annual report on Form
10-KSB for the year ended December 31, 1999.
Richard A. Eisner & Company, LLP
New York, New York
March 29, 2000
