UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q
For Period Ended: September 30, 2002 SEC FILE NUMBER 000-25523
CUSIP NUMBER 81948R 20 4
[ ] 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 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: Entire Form 10-QSB
Part I - Registrant Information
Full Name of Registrant Sharecom, Inc.
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Former Name if Applicable
Address of Principal Executive Office: 2121 West Army Trail Road, Suite 105
Addison, IL 60101
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)
[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 2-F, 11-F, or From 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, 11-K, 20-F,
10-Q or N-SAR or portion thereof could not be filed within the prescribed time
period.
Changes in the staff that maintain and report the finances of the
Company have delayed the creation and approval of the quarterly financial
statements of the Company for the quarter ended September 30, 2002.Fiscal
restraints of the Company prevented the hiring of additional personnel to cure
the delay once it was determined that the required information would not be
prepared in a timely fashion. As a result of these delays, the Company's Form
10-QSB for the quarter ended September 30, 2002 could not be prepared for timely
filing without undue and unreasonable expense.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification.
Dan Davis President (630) 705-9654
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(Name) (Title) (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 12 months or for
such shorter period that the registrant was required to file
such report(s) been filed? If the answer if 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?
( ) Yes (X) No
If so, attach an explanation of the anticipated change, both
narrative and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be
made - Corporate offices and management changes.
Sharecom, Inc.
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(Name of Registrant as specified in Charter)
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned thereunto duly
authorized.
Date: November 15, 2002 By: /s/ Dan Davis
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Name: Dan Davis
Title: President