SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File No. 0-30145
33-41063-A
Form 10-QSB for Period Ended: March 31, 2003
PART - I - Registrant Information
GLOBAL ASSETS & SERVICES, INC.
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(Exact name of registrant as specified in its charter)
CIK No. 0001110283
3816 W. Linebaugh Ave., Suite 200, Tampa, FL, 33624
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(Address of principal executive offices) (Zip Code)
PART II - Rules 12-b25 (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-Q, Form 20-F, 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 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;
(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 Form 10-K and form
10-QSB, 20-F, 1-K, 10-Q, and Form N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.
The financial statements are not yet completed and cannot be completed by
the required filing date without unreasonable cost and effort.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Bertram Cutler (813) 964-1300
(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 the answer is no,
identify report(s).
Yes
(3) It is anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
effected by the earnings statements to be included in the subject report or
portion thereof?
No
GLOBAL ASSETS & SERVICES, INC. has caused this notification to be signed on
its behalf by the undersigned thereunto duly authorized.
Dated: May 14, 2002 GLOBAL ASSETS & SERVICES, INC.
/s/ Bertram Cutler
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Bertram Cutler, President