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

 

 

 

 

 

 

 

 

FORM 12b-25

SEC FILE NUMBER

333-197968

 

NOTIFICATION OF LATE FILING

CUSIP NUMBER

37955V 108


(Check one):

ü

 Form 10-K

 

 Form 20-F

 

 Form 11-K

 

 Form 10-Q

 

 Form 10-D

 

 Form N-SAR

 

 Form N-CSR


 

For Period Ended:

  May 31, 2017

 

 

 

 

 

 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:

  Not Applicable

 

 

 


Read Instructions (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.

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


GLOBAL ENTERTAINMENT CLUBS, INC.

Full Name of Registrant.

 

Future World Group, Inc.

Former Name if Applicable

 

301 South Brea Canyon Road

Address of Principal Executive Office (Street and Number)  

 

Walnut, CA  91789

City, State and Zip Code

 

909-718-7880

Registrant's telephone number, including area 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 reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

 

 

 

 

 

 

 

(b)

The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form 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 subject distribution report on Form 10-D,or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

 

ü

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra Sheets if Needed)

 

The Company could not complete the filing of its Annual Report on Form 10-K for the period ended May 31, 2017 due to a delay in obtaining and compiling information required to be included in the Company's Form 10-K, which delay could not be eliminated by the Company without unreasonable effort and expense.  In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, as amended, the Company intends to file its Form 10-K no later than the 15th calendar day following the prescribed due date.






PART IV — OTHER INFORMATION


(1)

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

 

 

John Lowy

 

(212)

 

371-7799

 

(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).

Yes 

ü

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 

ü

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.

 

 

 

 

 


 

GLOBAL ENTERTAINMENT CLUBS, 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:

August 29, 2017

 

By:

/s/ Lei Pei

 

 

 

 

Lei Pei

Chief Executive Officer







Global Entertainment Clubs, Inc.


Attachment to 12b-25 Notice re Fiscal Year ended 5.31.17:


During the fiscal year ended May 31, 2017, the registrant signed certain Statements of Work, to initiate its business operations. The registrant had $0 revenues in the fiscal year ended May 31, 2017, and in the fiscal year ended May 31, 2016. Subject to final adjustment, the registrant expects to show a loss of $4,828,076 for the fiscal ended May 31, 2017, compared with a loss of $77,452 for the fiscal year ended May 31, 2016.


Subject to final adjustment, the registrant’s balance sheet as of May 31, 2017, is expected to show total assets of $7,280,761 and total liabilities of $12,411,996, all of which is owed to related parties, and a shareholders’ deficit of $(5,131,235), compared to a shareholders’ deficit of $(77,898) as of May 31, 2016.





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