Notification That Annual Report Will Be Submitted Late (nt 10-k)
May 03 2021 - 2:38PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
SEC
File Number: 333-223568
NOTIFICATION
OF LATE FILING
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(Check
one):
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[X]
Form 10-K
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[ ] Form 20-F
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[ ] Form 11-K
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[ ] Form 10-Q
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[ ] Form 10-D
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[ ] Form N-CEN
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[ ] Form N-CSR
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For
Period Ended: January 31, 2021
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[ ] Transition Report on Form 10-K
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[ ] Transition Report on Form 20-F
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[ ] Transition Report on Form 11-K
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[ ] Transition Report on Form 10-Q
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For
the Transition Period Ended:______________________________________________________
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Read
Instruction (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.
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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:
PART
I — REGISTRANT INFORMATION
Fact,
Inc.
Full
Name of Registrant
Tiburon
International Trading, Corp.
Former
Name if Applicable
2
Toronto Street, Suite 231
Address
of Principal Executive Office (Street and Number)
Toronto,
Ontario M5C 2B5
City,
State and Zip 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)
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[X]
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(a)
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The
reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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[X]
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(b)
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The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN 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
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(c)
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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 why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
The
Company is unable to file the Form 10-K by the April 30, 2021 filing deadline without unreasonable effort or expense. The Company
expects to file its Quarterly Report on Form 10-Q for the period ended January 31, 2021 with the U.S. Securities and Exchange
Commission within five calendar days of the prescribed due date.
PART
IV — OTHER INFORMATION
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(1)
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Name
and telephone number of person to contact in regard to this notification
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Patricia
Trompeter
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(437)
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703-2482
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(Name)
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(Area
Code)
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(Telephone
Number)
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(2)
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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 [X] No [ ]
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(3)
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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?
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Yes
[X] No [ ]
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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.
At this time the Company is unable
to quantify the differences in their financial results as compared to the year ended January 31, 2020 but notes that it
incurred additional operating expenses relating to the development of its new technology.
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FACT,
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:
May 3, 2021
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By:
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/s/
Patricia Trompeter
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Patricia
Trompeter
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Chief
Executive Officer
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Fact (CE) (USOTC:FCTI)
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