SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
Commission File Number: 000-25496
(Check one)
|X| Form 10-K and Form 10-KSB | | Form 11-K
| | Form 20-F | | Form 10-Q and Form 10-QSB | | Form N-SAR
For the period ended December 31, 1999
| | Transition Report on Form 10-K and Form 10-KSB
| | Transition Report on Form 20-F
| | Transition Report on Form 11-K
| | Transition Report on Form 10-Q and Form 10-QSB
| | Transition Report on Form N-SAR
For the transition 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 notification relates: ____________________________
PART I
REGISTRANT INFORMATION
Full name of registrant: Global Telemedia International, Inc.
Former name if applicable: Not applicable
Address of principal executive office: 4675 MacArthur Court, Suite 420
City, State and Zip Code: Newport Beach, California 92660
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 appropriate box.)
(a) The reasons described in 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 of
Forms 10-K, 10-KSB, 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, 10-QSB, 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, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period. (Attach extra sheets if needed.)
The Form 10KSB cannot be timely filed and the reasons for such cannot be
eliminated without unreasonable effort and expense. The Company's subsidiaries
have not all had their audited statements prepared as of 12/31/99 rather
alternative fiscal years such as 10/31/99 or 6/30/99. Octa 4 Pty Ltd
(Australia) a wholly owned subsidiary of GTMI was acquired 10/27/99; Octa 4
wholly owns 3-G Communications Inc. (Philippines) and Dynasen Communications,
Sdn Bhd (Malaysia) Philippines. None of these subsidiaries have had the
identical fiscal year. Bentley House Furniture Corporation (Philippines) has
not finished the preparation of audited financial statements. These are all
being prepared as of December 31, 1999, and will be filed as soon as possible.
However, without knowing the contents of such statements, the Company's
management is, at this time, unable to adequately prepare the Form 10KSB
generally and specifically the management discussion and analysis for the Form
10KSB which discusses such financial information.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Jonathon Bentley-Stevens (949) 253-9588
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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 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?
| | 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.
Explanation: Management has not yet prepared the Form 10-KSB nor has
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management evaluated the audit for the fiscal year ended June 30, 1999.
Global Telemedia International, 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 30, 2000 By /s/ David Tang
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David Tang
Chief Financial Officer