UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

 

(Check One):

☐      Form 10-K

☐      Form 20-F

☐      Form 11-K

☒      Form 10-Q

☐      Form 10-D

☐      Form N-SAR

☐      Form N-CSR

 

 

 

 

 

 

 

 

 

For Period Ended: January 31, 2020                                            

 

 

 

☐      Transition Report on Form 10-K

 

☐      Transition Report on Form 20-F

 

☐      Transition Report on Form 11-K

 

☐      Transition Report on Form 10-K

 

☐      Transition Report on Form N-SAR

 

 

 

For the Transition Period Ended: ______________________

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

 

Full name of Registrant:

iMINE Corporation

  

 

Address of principal executive office:

City State and ZIP Code:

8520 Allison Point Blvd Ste. 223 #87928

Indianapolis, Indiana 46250

 

 
 

 

 

 

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;

 

 

 

(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

 

 

 

 

(c)

The accountant's statement or other exhibit required by Rule 12(b)-25(c) has been attached if applicable.

 

PART III -- NARRATIVE

 

State below in reasonable detail the reasons why the Form 10-Q could not be filed within the prescribed time period.

 

Since April 2019, we have not been engaged in any business and our former business of selling computer equipment which can be used for the mining of cryptocurrency, which is treated as a discontinued operation. Because of the status of our business and our lack of accounting personnel, we were unable to file the Form 10-Q within the prescribed time period.

 

PART IV -- OTHER INFORMATION

 

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

  

Jose Maria Eduardo Gonzalez Romero

 

877-464-6388

Name

 

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      ☐ 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      ☐ 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 report on Form 10-Q for the period ended January 31, 2020 cannot be filed within the prescribed time period because the registrant requires additional time for compilation and review of its financial statements.

 

We have generated no revenues since inception.

 

For the three months ended January 31, 2020, the Company anticipates, based on preliminary financial information, that it will report a net loss from continuing operations and a net loss of $74,989, or $(0.00) per share (basic and diluted). For the six months ended January 31, 2020, the Company anticipates that it will report a net loss from continuing operations and a net loss of $149,815, or $(0.00) per share (basic and diluted).

 

For the three months ended January 31, 2019, the Company reported a loss from continuing operations of $98,730, or $(0.00) per share (basic and diluted), a loss from discontinued operations of $441,475, or $(0.01) per share, and a net loss of $540,205, or $(0.01) per share (basic and diluted). For the six months ended January 31, 2019, the Company reported a loss from continuing operations of $185,960, or $(0.00) per share (basic and diluted), a loss from discontinued operations of $478,745, or $(0.01) per share, and a net loss of $664,705, or $(0.01) per share (basic and diluted).

 

Cautionary Note on Forward-Looking Statements

 

This notification contains or may contain, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the Company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control). The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

 

 
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iMINE Corporation

(Name of Registrant as Specified in Charter)

  

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 16, 2020

/s/ Jose Maria Eduardo Gonzalez Romero

 

 

Jose Maria Eduardo Gonzalez Romero

 

 

Chief Executive Officer

 

 

 

 

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