As filed with the Securities and Exchange Commission on July 16, 2004
Post-Effective Amendment Number One
File No. 333-86710
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Post-Effective Amendment Number Two to
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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GlobalNet Corporation
(Exact Name of Issuer as Specified in its Charter)
Nevada 75-2863583
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification Number)
18851 NE 29th Avenue, 7th Floor
Aventura, Florida 33180
(786) 541-0200
(Address, including zip code, and telephone number
of principal executive offices)
Advisory and Consulting Agreements - Barry Clark
(Full Title of the Agreement)
Mark T. Wood
GlobalNet Corporation
18851 NE 29th Avenue, 7th Floor
Aventura, Florida 33180
(786) 541-0200
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copies to:
James G. Smith, Esq.
Arthur Zagorsky, Esq.
Tarter Krinsky & Drogin LLP
470 Park Avenue South, 14th Floor
New York, NY 10016
(212) 481-8585
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The securities offering pursuant to this Registration Statement by
GlobalNet Corporation (formerly iDial Networks, Inc.) ("GlobalNet"), has
terminated. 5,000,000 shares of GlobalNet common stock to be issued pursuant to
the Advisory and Consulting Agreement with Barry Clark (the "Agreement") have
been issued and, as a result, GlobalNet is filing this Post-Effective Amendment
Number Two to withdraw the Registration Statement.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Post-Effective
Amendment Number Two to the Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Aventura, State of
Florida, on July 14, 2004.
GlobalNet Corporation
By: /s/ MARK T. WOOD
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Mark T. Wood
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Post-Effective Amendment Number Two to the Registration Statement has been
signed by the following persons in the capacities indicated.
Signatures Title Date
/s/ MARK T. WOOD
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Mark T. Wood Chairman of the July 12, 2004
Board and Chief
Executive Officer
(principal
executive
officer)
/s/ OSCAR DE LA GUARDIA
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Oscar de la Guardia General Counsel, July 12, 2004
Executive Vice
President and
Director
/s/ DAVID HALPERN
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David Halpern Director July 12, 2004
/s/ THOMAS G. SEIFERT
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Thomas G. Seifert Chief Financial July 12, 2004
Officer
(principal
accounting and
financial officer)