SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
(Check One):__ Form 10-K __ Form 11-K __ Form 20-F _X_ Form 10-Q __ Form N-SAR
__ Transition Report on Form 10-K __ 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: ___________________________________
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: ______________________________
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.)
_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, 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, 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.
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.)
Effective May 31, 2000, the registrant acquired all of the outstanding stock of Fone.com, Limited (now known as B4B Communications, Limited), a telecommunications company doing business primarily in the United Kingdom. B4B previously operated on a fiscal year different from that of the registrant and previously prepared its financial statements based on accounting principals applicable in the United Kingdom, which differ from generally accepted accounting principals applicable in the United States. In order to prepare its Form 10-QSB for the quarter ended October 1, 2000, the registrant has had to reconcile the financial statements of B4B with its own financial statements. These changes necessitated significant changes in the registrant's operations, including the preparation of its periodic reports under the Securities Exchange Act of 1934. These developments have caused delays in the preparation of the registrant's Form 10-QSB for the quarter ended October 1, 2000 and have made the registrant unable to file its Form 10-QSB without unreasonable effort and expense.
(1) Name and telephone number of person to contact in regard to this notification:
(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? _X_ Yes __ 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.
The registrant's results of operations will differ significantly from the registrant's results of operations from the corresponding period of the previous year because, since the corresponding period of the previous fiscal year, the registrant has disposed of its restaurant business and made a significant acquisition.
Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 15, 2000 By: /s/ Lawrence Shatsoff ------------------- ------------------------- Name: Lawrence Shatsoff Title: President