U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25
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                                                Commission File Number 000-07693
                                                                       ---------

                           NOTIFICATION OF LATE FILING
                           ---------------------------

(Check  One):  [ ] Form 10-K and Form 10-KSB  [ ] Form 20-F  [ ] Form 11-K
[X] Form 10-Q and Form 10-QSB  [ ] Form N-SAR
For Period Ended:
                  ----------------------------------------------
[_] Transition Report on Form 10-K  [X] 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 the Transition Period Ended: September 30, 2004
                                 ------------------

  Read attached instruction sheet 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.
If the notification  relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:


                         Part I - Registrant Information
                         -------------------------------

Full name of registrant: SoftNet Technology Corp
                         -----------------------

Former name if applicable: T & G2
                           ------

Address of principal executive office (Street and number):
       One Anderson Road, Suite 105
     ----------------------------------------------------

City, State and Zip Code: Bernardsville, New Jersey 07924
                          -------------------------------


                        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;
[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 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 Form 10-K and Form  10-KSB,
11-K,  20-F,  10-Q and Form 10-QSB,  N-SAR or the  transition  report or portion
thereof  could not be filed within the  prescribed  time period.  (Attach  extra
sheets if needed.)

During  the  applicable  period,  the  Company  changed  its  name  and sold one
subsidiary  and  acquired  another  subsidiary,  and to gather and  compile  the
numbers from the new subsidiary company,  located in a different state/region of
the United  States and prepare in proper form and condense  the  numbers,  would
involve unreasonable and unnecessary effort and expense.


                           Part IV - Other Information
                           ---------------------------

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

James Farinella                      (908)                 204-9911
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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.










                             SoftNet Technology Corp
- --------------------------------------------------------------------------------
                  (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 12, 2004            By: /s/ James Farinella
       -----------------                -------------------------------------
                                        James Farinella, President, C.E.O.

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 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 0-3 of the
     General Rules and Regulations  under the Act. The information  contained in
     or filed  with the Form will be made a matter of the  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 or apply  for an  adjustment  in  filing  date
     pursuant to Rule 13(b) of Regulation S-T.