UNITED  STATES
                          SECURITIES  AND  EXCHANGE  COMMISSION
                                WASHINGTON,  D.C.  20549

                                      FORM  12b-25

                           Commission  File  Number  0-27735

                              NOTIFICATION  OF  LATE  FILING

(CHECK  ONE):  /X/Form 10-K / /Form 20-F / /Form 11-K / /Form 10-Q / /Form N-SAR

                 For  Period  Ended:  December  31,  1999
                                  --------------------------------------------
                 /  /  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
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Full  Name  of  Registrant
Asia4Sale.com,  Inc.
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Former  Name  if  Applicable
H&L  Investments,  Incorporated
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Address  of  Principal  Executive  Office  (Street  and  Number)
2465  West  12th  Street,  Suite  2,  Tempe  AZ  85281-6935
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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  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,
/X/         will  be  filed  on  or  before the fifteenth calendar day following
            the  prescribed  due  date;  or  the  subject  quarterly  report  of
            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.  (Attach  extra  sheets  if  needed).

The Registrant is unable to file timely the Form 10-KSB due to the  Registrant's
inability to obtain and complete its review of financial information relating to
its  foreign  subsidiaries.


PART  IV  --  OTHER  INFORMATION

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
    notification

    James  Emberton                          (480)              505-0070
    ----------------------------------  ----------------- ----------------------
                    (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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                           Asia4Sale.Com,  Inc.
             ---------------------------------------------------
                 (Name  of  Registrant  as  Specified  in  Charter)

    has  caused  this notification to be signed on its behalf by the undersigned
    hereunto  duly  authorized.


    Date   April  2,  2001                        By   /s/  James  Emberton
    ---------------------------------------    ----------------------------
                                                   James  Emberton
                                                   Chief  Financial  Officer

INSTRUCTION:  The  form  may be signed by an executive officer of the registrant
or  by  any  other  duly  authorized  representative.  The name and title of the
person  signing  the  form  shall  be typed or printed beneath the signature. If
the  statement  is  signed  on  behalf  of  the  registrant  by  an  authorized
representative  (other  than  an  executive  officer),  evidence  of  the
representative's  authority  to  sign on behalf of the registrant shall be filed
with  the  form.



____________________________________ATTENTION__________________________________

  INTENTIONAL  MISSTATEMENTS  OR  OMISSIONS  OF FACT CONSTITUTE FEDERAL CRIMINAL
                      VIOLATIONS  (SEE  18  U.S.C.  1001).
_______________________________________________________________________________


                             GENERAL  INSTRUCTIONS

1.  This  form  is  required  by  Rule 12b-25 (17 CFR 240.12b-25) of the General
   Rules  and  Regulations  under  the  Securities  Exchange  Act  of  1934.

2.  One  signed  original  and four conformed copies of this form and amendments
   thereto  must  be  completed  and  filed  with  the  Securities  and Exchange
   Commission,  Washington,  D.C.  20549,  in  accordance  with  Rule O-3 of the
   General  Rules  and  Regulations  under the Act. The information contained in
   or  filed  with  the  form  will  be  made  a  matter of public record in the
   Commission  files.

3.  A  manually  signed  copy  of the form and amendments thereto shall be filed
   with  each  national  securities exchange on which any class of securities of
   the  registrant  is  registered.

4.  Amendments  to  the notifications must also be filed on form 12b-25 but need
   not  restate  information  that  has been correctly furnished. The form shall
   be  clearly  identified  as  an  amended  notification.

5.  ELECTRONIC  FILERS.  This form shall not be used by electronic filers unable
   to  timely file a report solely due to electronic difficulties. Filers unable
   to  submit  a report within the time period prescribed due to difficulties in
   electronic  filing  should  comply  with  either  Rule  201  or  Rule  202 of
   Regulation  S-T (Section 232.201 or Section 232.202 of this chapter) or apply
   for  an  adjustment  in  filing date pursuant to Rule 13(b) of Regulation S-T
   (Section  232.13(b)  of  this  chapter).