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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION OMB Number:..............3235-0058
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WASHINGTON, D.C. 20549 Estimated average burden
hours per response............2.50
FORM 12b-25
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NOTIFICATION OF LATE FILING SEC FILE NUMBER
000-27417
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(CHECK ONE): [] Form 10-K [] Form 20-F [] Form 11-K [x] Form 10-Q [] Form N-SAR CUSIP NUMBER
52201 Y 103
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For Period Ended: JUNE 30, 2002
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[ ] 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
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READ INSTRUCTION (ON BACK PAGE) 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.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
Learn2 Corporation
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Full Name of Registrant
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Former Name if Applicable
111 High Ridge Road, Suite 5
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Address of Principal Executive Office (STREET AND NUMBER)
Stamford, Connecticut 06905
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City, State and Zip Code
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)
(a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable
|X| effort or expense;
(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 Forms 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period. (See the attached Schedule.)
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
MARC E. LANDY (203) 975-9602
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(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 answer is no, identify report(s) [X]Yes []No
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(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 narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
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LEARN2 CORPORATION
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date AUGUST 14, 2002
------------------------------------ By: /s/ Marc E. Landy
Name: Marc E. Landy
Title: Executive Vice President, Chief Financial Officer,
Secretary and Treasurer
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SCHEDULE TO FORM 12B-25
Learn2 Corporation (the "Company") is unable to file its Quarterly
Report on Form 10-Q for the quarter ended June 30, 2002 in the prescribed time
period, because, due to the Company's focus on completing the sale of certain
assets to Learn.com, Inc., the Form 10-Q could not be completed without
unreasonable effort or expense. The Company anticipates that the Form 10-Q
will be filed within the time required by Rule 12b-25.