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

                                   FORM 12b-25

                                 SEC FILE NUMBER
                                     -------

                           NOTIFICATION OF LATE FILING

(CHECK ONE):    |_| Form 10-K     |_| Form 20-F    |_| Form 11-K   [X] Form 10-Q
CUSIP NUMBER
                |_|  Form N-SAR

       For        Period   Ended:    March 31, 2003

                  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: _______________________________________


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

Urbani Holdings, Inc.
- --------------------------------------------------------------------------------
Full Name of Registrant

Sattel Global Networks, Inc.
- --------------------------------------------------------------------------------
Former Name if Applicable

20-24 40th Avenue
- --------------------------------------------------------------------------------
Address of Principal Executive Officer (Street and Number)

Long Island City, New York 11101
- --------------------------------------------------------------------------------
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)

      X   (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, Form 20-F, 11-K, 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 of transition  report 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
          12-b-25(C) has been attached if applicable.


                              PART III - NARRATIVE

     State below in reasonable detail the reasons why the Form 10-K, 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 Company was unable to prepare the Form 10-QSB due to information not
        available at the time of filing.

                           PART IV - OTHER INFORMATION

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

                  Marvin Jacobs         (718)           392-5050
                      (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  (of for such
          shorter) period that the registrant was required to file such reports)
          been filed? If answer is no, identify report(s). XYes |_| 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 XNo

     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.


- --------------------------------------------------------------------------------

                       _____Urbani Holdings, 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 _____5/15/03______________   By \S\Rosario Safina
- ---------

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 regist