<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-26684
CUSIP NUMBER: ______________
Form 10-K and Form 10-KSB / / Form 20-F / / Form 11-K / / Form 10-Q
and Form 10-QSB / /
For Period Ended: Decemenber 31, 1996
-------------------------------------------------------
/ / 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
Full Name of Registrant GLOBAL INTELLICOM, INC.
--------------------------------------------------
Former Name if Applicable
Address of Principal Executive Office (STREET AND NUMBER)
747 Third Avenue
---------------------------------------------------------------------------
City, State and Zip Code New York, New York, 10017
--------------------------------------------------
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
<PAGE>
pursuant to Rule 12b-25(b), the following should be completed. (Check box if
appropriate).
/ 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, 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 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 and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.
Additional time is required to complete the Registrant's consolidated
financial statements because of the significant acquisitions made by
Registrant during 1996. Such work could not be completed prior to
March 31, 1997 without unreasonable effort and expense.
(Attach extra sheets if needed)
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Johan de Muinck Keizer, General Counsel (212) 750-3772
----------------------------------------------------------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or 15(d) of
the Securities and 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
<PAGE>
<PAGE>
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
Consolidated results of 1996 operations will reflect an increase in
excess of 37% in sales revenues, from $30,447,467 in 1995 to
approximately $42,000,000 for 1996, including four months of
operations of the Registrant's Global-InSync, Inc. subsidiary, whose
business was acquired effective September 1, 1996. Registrant also
expects to report a net loss for 1996 of approximately $1.1 to $1.2
million, a material change from net income of $270,183 reported for
1995. The 1996 loss stems from a number of factors, including
substantially increased operating expenses associated with a much
larger revenue base, an increased investment in marketing and sales
efforts, and various acquisition-related expenses, as will be set
forth in Registrant's 10-K Report.
GLOBAL INTELLICOM, 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: March 31, 1997 By: /s/ Howard Maidenbaum
----------------------------------- --------------------------------
Name: Howard Maidenbaum
Title: Executive Vice President
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).
