SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
Commission File Number: 000-26011
NOTIFICATION OF LATE FILING
(Check One): [ ]Form 10-K [ ] Form 11-K [ ] Form 20-F |X| Form 10-Q
[ ] Form N-SAR
For Period Ended: September 30, 2002
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For Period Ended: N/A
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: N/A
PART I
REGISTRANT INFORMATION
INTERNET CABLE CORPORATION
----------------------------------
(Full name of registrant)
Former name if applicable: N/A
195 Riviera Drive
Unit 2
Markham, Ontario
Canada L3R 5J6
(Address of principal executive office)
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 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, 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, 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 the Form 10-K, 11-K, 10-Q,
N-SAR or the transition report or portion thereof, could not be filed within the
prescribed time period.
The Quarterly Report on Form 10-QSB of Internet Cable Corporation (the
"Registrant") was not completed by November 14, 2002, the last day for a timely
filing of such Quarterly Report for the period ended September 30, 2002 because
all necessary information which was required for a complete and accurate report
was not available, causing a delay which could not be avoided without
unreasonable cost and expense to the Registrant. Additional time is required in
order to enable the Registrant to file a complete and accurate report. The Form
10-QSB will be filed on or before November 19, 2002, in accordance with Rule
12b-25(b).
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Jill MacDonald (800) 646-8289
-------------- ----- --------
(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 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 on 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 quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
It is anticipated that net income increased in the nine months ended
September 30, 2002 resulting in net income from a net loss in the same period
in 2001.
INTERNET CABLE CORPORATION
--------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 15, 2002 By: /s/ Jill Macdonald
---------------------------
Name: Jill Macdonald
Title: Chief Financial Officer