SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-T
Notification of Late Filing
Commission File Number 0-25519
(Check One)
Form 10-K and Form 10-KSB
Form 11-K
Form 20-F
XXX Form 10-Q
Form 10-QSB
Form N-SAR
For period ended March 31, 2000.
Transition Report on Form 10-K and Form 10-KSB
Transition Report on Form 20-F
Transition Report on Form 11-K
Transition Report on Form 10-Q and Form 10-QSB
Transition Report on Form N-SAR
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: FDN, INC.
Former name if applicable: Mercury Capitol Corporation
Address of principal executive office 2290 Lee Rd.
City, State and Zip Code: Winter Park, FL, 32789
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.)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
XXXX (b) The subject annual report, semi-annual report, transition report
on Forms 10-K, 10-KSB, 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, 10-QSB, 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, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR or the transition portion thereof could not be
filed within the prescribed time period. (Attach extra sheets if needed.)
(a) The quarterly report for the period ending March 31, 2000, has not been
released by FDN, Inc.'s auditor.
(b) Efforts to submit Form 10-QSB are underway for filing on or before
May 22, 2000
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Mr. Colin Cave, Chief Financial Officer, (407)702.2000
(2) Have all other periodic reports required under Section 13 or 15(d) or
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).
XXXX 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?
XXX 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.
As a result of debt to equity conversions and adjustments to additional paid-
up capital, expenses for this quarter will be significantly higher than in
the corresponding quarter in the previous fiscal year. This is the result of
the book adjustment between the actual amount of the conversion compared to
the value of the stock at the date of conversion. The Company has converted
a significant amount ofits notes into equity.
FDN, 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 May 12, 2000 By: /s/ Colin Cave
Colin Cave, Chief Financial Officer
