-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LWOHYosPPK1lFdd/LlZvxo5O4O+/ccGOKJ2/nJkf16bg0zMCea4AQioGGXM1FfCo tT1aiAah/OA7xZu4l0gHXw== 0001005477-01-002324.txt : 20010402 0001005477-01-002324.hdr.sgml : 20010402 ACCESSION NUMBER: 0001005477-01-002324 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001231 FILED AS OF DATE: 20010330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNET ADVISORY CORP CENTRAL INDEX KEY: 0000831489 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 870426358 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: SEC FILE NUMBER: 000-16665 FILM NUMBER: 1585853 BUSINESS ADDRESS: STREET 1: 2455 EAST SUNRISE BLVD STREET 2: SUITE 401 CITY: FT LAUDERDALE STATE: FL ZIP: 33304 BUSINESS PHONE: 8885220958 MAIL ADDRESS: STREET 1: 2455 EAST SUNRISE BLVD STREET 2: SUITE 401 CITY: FT LAUDERDALE STATE: FL ZIP: 33304 FORMER COMPANY: FORMER CONFORMED NAME: OLYMPUS MTM CORP DATE OF NAME CHANGE: 19970215 NT 10-K 1 0001.txt FORM 12B-25 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 12b-25 Notification of Late Filing Commission File Number 0-16665 ------------ (Check One) |X| Form 10-K and Form 10-KSB |_| Form 11-K |_| Form 20-F |_| Form 10-Q and Form 10-QSB |_| Form N-SAR For period ended December 31, 2000 |_| Transition Report on Form 10-K and Form 10-KSB |_| Transition Report on Form 20-F |_| Transition Report on Form 11-K |_| Transition Report on Form 10-Q and Form 10-QSB |_| Transition Report on Form N-SAR 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: ________________________ ________________________________________________________________________________ PART I REGISTRANT INFORMATION Full name of registrant The Internet Advisory Corporation -------------------------------------------------- Former name if applicable ------------------------------------------------ Address of principal executive office 2455 East Sunrise Blvd., Suite 401 ------------------------------------ City, State and Zip Code Fort Lauderdale, FL 33304 ------------------------------------------------- 1 PART II 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 Forms 10-K, 10- KSB, 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, 10- QSB, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and |X|(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 reason why Forms 10-K, 10-KSB, 11-K, 20-F, 10-Q, 10- QSB, N-SAR, or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.) The registrant's current auditor was first retained in January 2001. Subsequent to such retention, registrant has at various times provided its auditor with such documentation and information needed and requested by it to prepare and complete the audit of registrant's financial statements for the fiscal year ended December 31, 2000. Not having previously served as registrant's independent auditors, the audit is taking more time to complete than an audit prepared for a client with which the auditor has had an ongoing relationship. This, together with the timing of the auditor's engagement, has prevented the auditor from completing the audit in sufficient time for registrant to file its Form 10K-SB by its due date. (See attached Accountant's Statement). 2 PART IV OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification. Adam S. Gottbetter, Esq. (212) 983-6900 - -------------------------------------------------------------------------------- (Area Code) (Telephone Number) (2) Have all other periodic reports required under Section 13 or 15(d) or 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 reason why a reasonable estimate of the results cannot be made. The Internet Advisory Corporation - -------------------------------------------------------------------------------- (Name of Registrant as Specified in Charter) Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: March 29, 2001 By: /s/Richard Goldring ------------------------ Richard Goldring, President 3 EX-99 2 0002.txt ACCOUNTANT'S STATEMENT ACCOUNTANT'S STATEMENT Radin Glass & Co., LLP 360 Lexington Avenue New York, NY 10017 Securities Exchange Commission Washington, DC 20549 March 28, 2001 Re: The Internet Advisory Corporation (the "Company") Dear Sirs: In January 2001, we were retained as the Company's independent auditor for the fiscal year ended December 31, 2000. During the period subsequent to our retention, we have been provided with documentation and information needed by us to prepare and complete the audit. At our request, this documentation has been supplemented from time to time with additional documentation and information. As might be expected, the audit is taking us more time to complete than an audit prepared for a client with whom we have had an ongoing relationship. Due to the circumstances discussed above, the audit will not be completed prior to April 2, 2001, the due date for the Company's Form 10K-SB. We do expect, however, that the audit will be completed in sufficient time for the Company to file its Form 10K-SB for fiscal year ended December 31, 2000 within the fifteen calendar day extension period granted to the Company pursuant to Rule 12b-25. Very truly yours, /s/Radin Glass & Co., LLP Radin Glass & Co., LLP 4 -----END PRIVACY-ENHANCED MESSAGE-----