U.S.
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
SEC
FILE
NUMBER
x Form
10-K
and Form 10-KSB
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o Form
20-F
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o Form
11-K
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o Form
10-Q and Form 10-QSB
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o Form
N-SAR
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For
Period
Ended: December 31, 2007
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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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o
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Transition
Report on Form N-SAR
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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: VoIP, Inc.
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Former
Name if Applicable:
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Address
of Principal Executive Office:
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12330
SW 53RD STE 712
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FT
LAUDERDALE FL 33330
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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)
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,
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 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 has
been
attached if applicable.
Part
III - Narrative
As
reported in Registrant’s Form 8-K filed on February 6, 2008, VoIP, Inc. (the
“Company”) reorganized its operations, and eliminated most of its workforce and
suspended all of its telecommunications network operations. Due to the Company’s
staffing constraints, management has been unable to complete its 2007 Form
10-KSB filing.
Part
IV - Other Information
(1)
Name
and telephone number of person to contact in regard to this
notification
Joseph
A.
Baratta - (212) 750-9700.
(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 o No
(3)
Is it
anticipated that any significant change in result 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 o
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.
As
a
result of the Company’s reorganization discussed in Part III above, it expects
to write off all of its goodwill and other intangible assets, and most of its
property and equipment, totaling approximately $28 million, in its 2007 results
of operations. This, coupled with significantly higher interest and financing
expenses in 2007 versus 2006, will result in the Company reporting a
significantly higher net loss for the quarter and year ended December 31, 2007
than the net loss reported for the corresponding 2006 periods.
Registrant
has caused this notification to be signed on its behalf thereunto duly
authorized.
Date:
March 31, 2008
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VoIP,
Inc.
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By:
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/s/
Anthony Cataldo
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Anthony
Cataldo, Chief Executive Officer
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