NT 10-K 1 gbl200012b.htm FORM 12B25 FOR DECEMBER 31, 2000 FORM 10-KSB Global Med Form 12b-25
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                                                     UNITED STATES                                          OMB APPROVAL
                                           SECURITIES AND EXCHANGE COMMISSION                       -----------------------------
                                                Washington, D.C. 20549                              OMB Number:         3235-0058
                                                                                                    Expires:    November 30, 2001
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                                                      FORM 12b-25                                    hours per response ..... 2.50
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                                             NOTIFICATION OF LATE FILING                                    SEC FILE NUMBER
                                                                                                                 0-22083
(Check One):                                                                                        -----------------------------
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 [X] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q [ ] Form N-SAR                                    CUSIP NUMBER
                                                                                                              37935e-10-1
     For Year Ended: December 31, 2000                                                              -----------------------------

     [ ] 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

GLOBAL MED TECHNOLOGIES, INC.
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Full Name of Registrant
N/A
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Former Name if Applicable

12600 West Colfax, Suite C-420
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Address of Principal Executive Office (Street and Number)

Lakewood, Colorado 80215
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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;
        |
  [X]   | (b) The subject annual report,  semi-annual  report,  transition  report on Form 10-K, Form 20-F, Form 11-K or 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 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.

               Registrant has encountered  delays in completing its Annual Report on Form 10-KSB for
               the year ended December 31, 2000, because the personnel primarily  responsible had to
               devote their time to the current  business  activities of  Registrant  rather than to
               completing the Annual Report on Form 10-KSB.

PART IV--OTHER INFORMATION

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

               Gary L. Cook                                    (303)                                     238-2000
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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 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?                                                                                [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.

               For the fiscal year ended  December  31,  2000,  Registrant  incurred a net loss from
               continuing operations of $4.903 million on revenues of $4.323 million. For the fiscal
               year  ended  December  31,  1999,  Registrant  incurred  a net loss  from  continuing
               operations  of  approximately  $7.945  million on  revenues  of  approximately  $5.39
               million.  The primary  reason for the decrease in revenues was that during 1999,  the
               Registrant  had received a contract  settlement in the amount of $919  thousand.  The
               primary reason for the decrease in the net loss was the decrease in non-cash expenses
               associated with financing costs.

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                                              GLOBAL MED TECHNOLOGIES, INC.
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                                      (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/ Gary L. Cook
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                                                                                Gary L. Cook
                                                                                    Acting Chief Financial Officer and Director


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.

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             Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
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