SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number: 0-32835
NOTIFICATION OF LATE FILING
|X| Form 10-K |_| Form 11-K |_| Form 20-F |_|Form 10-Q
|_| Form N-SAR
For Period Ended: September 30, 2004
|_| Transition Report on Form 10-K |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F |_| 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.
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 Gammacan International, Inc.
Former name if applicable
Address of principal executive office 11 Ben Gurion Street
City, state and zip code 54100 Givat Shmuel, Israel
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 box if appropriate.)
|X| | (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, 20-F, 11-K or Form 10-Q, or portion
| therof will be filed on or before the 15th calendar day
|X| | 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
| (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, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period.
The compilation, dissemination and review of the information required
to be presented in the Form 10-KSB, has imposed time constraints that have
rendered timely filing of the Form 10-KSB impracticable without undue hardship
and expense to the registrant.
Part IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Tovi Ben Zeev 972 3 5774474
(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 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?
|X| 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.
For the year ended September 30, 2004, the registrant anticipates it will report
a loss in the range of $450,000 to $500,000. The registrant had insignificant
revenues and losses for the prior year. Results for the 2004 fiscal year remain
subject to further adjustment and actual results may differ significantly from
the foregoing estimates.
Gammacan International, Inc.
Name of Registrant as Specified in Charter.
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
By:/s/ TOVI BEN ZEEV
----------------------
Date: December 29, 2004 Tovi Ben Zeev,
Chief Financial Officer