- Notification that Quarterly Report will be submitted late (NT 10-Q)
November 15 2010 - 6:05AM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington,
D.C.20549
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SEC FILE
NUMBER
000-52490
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FORM 12b-25
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CUSIP NUMBER
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NOTIFICATION OF LATE
FILING
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(Check
One):
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¨
Form 10-K
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¨
Form 20-F
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¨
Form 11-K
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ý
Form 10-Q
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¨
Form N-SAR
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¨
Form
N-CSR
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For Period Ended:
September 30,
2010
¨
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.
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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
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Beyond Commerce,
Inc.
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Full Name of
Registrant
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Former Name if
Applicable
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750 Coronado Circle Drive, Suite
120
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Address of Principal Executive
Office (Street and Number)
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Henderson, Nevada
89052
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City, State and Zip
Code
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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)
ý
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(a) The reasons
described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or
expense;
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ý
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(b) The subject annual
report, semi-annual report, transition report on Form 10-K, Form 20-F,
11-K, Form N-SAR, or N-CSR, or portion thereof, will be filed on or before
the fifteenth 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
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¨
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(c) The accountant's
statement or other exhibit required by Rule 12b-25(c) has been attached if
applicable.
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PART III --
NARRATIVE
State below in reasonable detail the
reasons why Form 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.
Because of the Company’s recent
redirection of its business it was unable to compile certain information
required in order to file a timely and accurate report. In
particular, accounting issues related to the compilation of the sundry
derivative securities that have been issued by the Company by the Form 10-Q
filing deadline.
PART IV-- OTHER
INFORMATION
(1) Name and telephone number of person
to contact in regard to this notification
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Mark Noffke
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(702)
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952.9549
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(Name)
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(Area Code)
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(Telephone
Number)
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(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).
ý
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?
ý
Yes
o
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.
Revenues have increased from
$
168,972
for the nine month period ended
September 30, 2009 to approximately $
577,000
for the nine month period ended
September 30, 2010. The net loss has decreased from $
17,114,906
for the nine months ended September 30,
2009 to a net profit of approximately $1
,000,000
for the comparable period in 2010. The
Company is reflecting a gain of approximately $1,400,000 in the 2010 period as a
result of accounting adjustments related to discounts and derivatives on
securities, and an additional gain of approximately $6,700,000 from the sale of
one of the Company’s subsidiary.
________________________________________________________________________
Beyond
Commerce,
Inc.
(Name of Registrant as Specified in
Charter)
has caused this notification to be
signed on its behalf by the undersigned hereunto duly
authorized.
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Date: November 12,
2010
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By:
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/s/ Mark V Noffke
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Mark V Noffke, Chief Financial
Officer
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INSTRUCTION: The form may be signed by
an executive officer of the registrant of 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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