<SUBMISSION>
<ACCESSION-NUMBER>0001104659-02-001355
<TYPE>NT 10-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20011231
<FILING-DATE>20020402
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ACTV INC /DE/
<CIK>0000854152
<ASSIGNED-SIC>3663
<IRS-NUMBER>942907258
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>NT 10-K
<ACT>34
<FILE-NUMBER>001-10377
<FILM-NUMBER>02599632
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1270 AVE OF THE AMERICAS
<CITY>NEW YORK
<STATE>NY
<ZIP>10020
<PHONE>2122622571
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>12270 AVE OF THE AMERICAS #2401
<STREET2>12270 AVE OF THE AMERICAS #2401
<CITY>NEW YORK
<STATE>NY
<ZIP>10020
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>j3325_nt10k.htm
<DESCRIPTION>NT 10-K
<TEXT>
<html>



<head>



<title>UNITED STATES</title>



</head>



<body>



<div style="font-family:'Times New Roman';">



<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">UNITED STATES<br>

SECURITIES AND EXCHANGE COMMISSION<br>

WASHINGTON, D.C. 20549<br>

FORM 12b-25<br>

NOTIFICATION OF LATE FILING<br><br></font></b></p>



<div align="center">



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="15%" valign="top" style="padding:0in 0in 0in 0in;width:15.46%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(CHECK ONE):</font></p>

  </td>

  <td width="16%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:16.12%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">&#253;</font><font size="2" style="font-size:10.0pt;"> Form 10-K</font></p>

  </td>

  <td width="15%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:15.58%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Form 20-F</font></p>

  </td>

  <td width="15%" valign="top" style="padding:0in 0in 0in 0in;width:15.94%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Form 11-K</font></p>

  </td>

  <td width="16%" valign="top" style="padding:0in 0in 0in 0in;width:16.42%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Form 10-Q</font></p>

  </td>

  <td width="20%" valign="top" style="padding:0in 0in 0in 0in;width:20.48%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Form N-SAR</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="9" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="14%" valign="top" style="padding:0in 0in 0in 0in;width:14.3%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For Period Ended:</font></p>

  </td>

  <td width="69%" colspan="6" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:69.14%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">December 31, 2001</font></p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="14%" valign="top" style="padding:0in 0in 0in 0in;width:14.3%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="69%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:69.14%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="83%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:83.44%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Transition

  Report on Form 10-K</font></p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="83%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:83.44%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Transition

  Report on Form 20-F</font></p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="83%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:83.44%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Transition

  Report on Form 11-K</font></p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="83%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:83.44%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Transition

  Report on Form 10-Q</font></p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="83%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:83.44%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Transition

  Report on Form N-SAR</font></p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="26%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:26.78%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For

  the Transaction Period Ended:</font></p>

  </td>

  <td width="56%" colspan="4" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:56.66%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="26%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:26.78%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="56%" colspan="4" valign="top" style="padding:0in 0in 0in 0in;width:56.66%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="16%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:16.56%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="26%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:26.78%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="56%" colspan="4" valign="top" style="padding:0in 0in 0in 0in;width:56.66%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr height="0">

  <td width="111" style="border:none;"></td>

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  <td width="103" style="border:none;"></td>

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  <td width="85" style="border:none;"></td>

  <td width="28" style="border:none;"></td>

  <td width="115" style="border:none;"></td>

  <td width="118" style="border:none;"></td>

  <td width="148" style="border:none;"></td>

 </tr>

</table>



</div>



<div style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 1.0pt 0in;">



<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



</div>



<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE

COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.</font></b></p>



<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<div style="border:none;border-top:solid windowtext .5pt;padding:1.0pt 0in 0in 0in;">



<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



</div>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If the notification relates to a portion of

the filing checked above, identify the Item(s) to which the notification

relates:</font></p>



<div style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 1.0pt 0in;">



<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



</div>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PART I -

REGISTRANT INFORMATION</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="100%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ACTV,

  Inc.</font></b></p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Full Name of Registrant</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Former Name if Applicable</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">233 Park

  Avenue South, 10th Floor</font></b></p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Address of Principal

  Executive Office (Street and Number)</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">New York,

  New York&#160;&#160;&#160; 10003</font></b></p>

  </td>

 </tr>

 <tr>

  <td width="100%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">City, State and Zip Code</font></p>

  </td>

 </tr>

</table>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PART II -

RULES 12b-25(b) AND (c)</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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)</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.54%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">&#253;</font></p>

  </td>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.54%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font></p>

  </td>

  <td width="88%" valign="top" style="padding:0in 0in 0in 0in;width:88.92%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The reasons described in

  reasonable detail in Part III of this form could not be eliminated without

  unreasonable effort or expense;</font></p>

  </td>

 </tr>

 <tr>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.54%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">&#253;</font></p>

  </td>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.54%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font></p>

  </td>

  <td width="88%" valign="top" style="padding:0in 0in 0in 0in;width:88.92%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The subject annual report,

  semi-annual report, transition report on Form 10-K, 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 of

  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</font></p>

  </td>

 </tr>

 <tr>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.54%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font></p>

  </td>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.54%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font></p>

  </td>

  <td width="88%" valign="top" style="padding:0in 0in 0in 0in;width:88.92%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The accountant's statement

  or other exhibit required by Rule 12b-25(c) has been attached if applicable.</font></p>

  </td>

 </tr>

</table>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PART III -

NARRATIVE</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">State below in reasonable detail the reasons

why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion

thereof, could not be filed within the prescribed time period.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company, based on the advice of its

outside auditors, has recently resolved an issue related to the application of

the requirements of FASB Statement No. 133, as amended, to the Company's

investment in a warrant, which grants the Company the right to purchase 2.5

million shares of Liberty Livewire Corporation.&#160; The Company was unable to file its Form 10-K on a timely basis

due to its desire to carefully and fully review the warrant accounting

treatment prior to the filing.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As a result of its review of this issue, the

Company will adjust its 2001 quarterly disclosures to account for the initial

application of the adoption of FASB Statement No. 133, as amended, and

subsequently file its Form 10-K within the additional time allowed by this

report.&#160; Such adoption had no impact on

the Company's previously reported net loss or financial position for the 2001

fiscal year.&#160; </font></p>



<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>





<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">



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</font></div>



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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PART IV - OTHER INFORMATION</font></b></p>



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(1)</font></p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name and telephone number

  of person to contact in regard to this notification</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="49%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:49.8%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jay

  M. Kaplowitz, Esq.</font></p>

  </td>

  <td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.44%;">

  <p align="center" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

  </td>

  <td width="23%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:23.84%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(212)</font></p>

  </td>

  <td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.42%;">

  <p align="center" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

  </td>

  <td width="18%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:18.84%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">752-9700</font></p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.8%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Name)</font></p>

  </td>

  <td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.44%;">

  <p align="center" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

  </td>

  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.84%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Area

  Code)</font></p>

  </td>

  <td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.42%;">

  <p align="center" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

  </td>

  <td width="18%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:18.84%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Telephone

  Number)</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p align="center" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(2)</font></p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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).</font></p>

  </td>

 </tr>

 <tr>

  <td width="92%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:92.42%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">&#253;</font><font size="2" style="font-size:10.0pt;"> Yes</font></p>

  </td>

  <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.58%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> No</font></p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:95.34%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(3)</font></p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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?</font></p>

  </td>

 </tr>

 <tr>

  <td width="92%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:92.42%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">&#253;</font><font size="2" style="font-size:10.0pt;"> Yes</font></p>

  </td>

  <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.58%;">

  <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Wingdings" style="font-family:Wingdings;font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> No</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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.</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="7" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company plans to file

  with the Commission amended financial reports on Form 10-K for fiscal year

  2000, and on Forms 10-Q for each of the first three quarters of 2001,

  restating results of operations for fiscal 1999, fiscal 2000 and the interim

  2001 periods to reflect a change in the manner in which the Company had

  accounted for certain stock options.&#160;

  The adjustments result from the Company's and its independent auditors'

  recent review of certain stock option exercise provisions in agreements

  dating back to 1995.</font></p>

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The restatements reflect

  the recognition of additional compensation expense of $208.3 million in the

  year ended December 31, 1999 and reductions in compensation expense of $186.7

  million in the year ended December 31, 2000 and $11.4 million in the first

  three quarters of 2001.&#160; These changes

  reflect variable accounting treatment of the affected stock options for the

  relevant periods, resulting from certain cashless exercise provisions

  applicable to options held by certain executive officers.&#160; Under variable option accounting,

  compensation expense is increased or decreased as a result of changes in the

  market price of the Company's common stock.&#160;

  The Company's management has reviewed the adjustments with its Board

  of Directors and its independent auditors, both of whom agreed with the

  Company's restatement of its results of operations for the 1999 and 2000

  fiscal years.</font></p>

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The effect of the

  restatements on per share results is to increase loss per basic share for

  1999 to $6.11 from a loss per share of $0.70 and to increase earnings per

  basic share for 2000 to $3.07 from a loss of $0.70.&#160; Except for charges totaling approximately $5 million resulting

  from partial exercises of the options in question during the past three

  years, all of the compensation expense and reduction thereof relates to stock

  options not yet exercised.&#160; The

  Company has recently rescinded the applicable option exercise provisions that

  resulted in the variable option accounting treatment in the Company's

  financial statements.</font></p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:95.34%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.66%;">

  <p align="right" style="font-size:1.0pt;margin:0in 0in .0001pt;text-align:right;">&nbsp;</p>

  </td>

  <td width="95%" colspan="6" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:95.34%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The adjustments have no

  impact on the Company's previously reported cash flows or business operations

  and no material cumulative balance sheet impact at December 31, 2001.</font></p>

  </td>

 </tr>

 <tr height="0">

  <td width="34" style="border:none;"></td>

  <td width="359" style="border:none;"></td>

  <td width="10" style="border:none;"></td>

  <td width="172" style="border:none;"></td>

  <td width="10" style="border:none;"></td>

  <td width="81" style="border:none;"></td>

  <td width="55" style="border:none;"></td>

 </tr>

</table>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<div style="border:none;border-top:solid windowtext .5pt;padding:1.0pt 0in 0in 0in;">



<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



</div>



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="100%" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p align="center" style="font-size:12.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="5" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:100.0%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ACTV, Inc.</font></b></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="5" valign="top" style="border:none;padding:0in 0in 0in 0in;width:100.0%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Name

  of Registrant as Specified in Charter)</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">has caused this

  notification to be signed on its behalf by the undersigned hereunto duly

  authorized.</font></p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.98%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date</font></p>

  </td>

  <td width="37%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:37.44%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">April 2, 2002</font></p>

  </td>

  <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.3%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.52%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By</font></p>

  </td>

  <td width="48%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:48.76%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ DAVID REESE</font></p>

  </td>

 </tr>

 <tr>

  <td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.98%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="37%" valign="top" style="padding:0in 0in 0in 0in;width:37.44%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.3%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="4%" valign="top" style="padding:0in 0in 0in 0in;width:4.52%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="48%" valign="top" style="padding:0in 0in 0in 0in;width:48.76%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David Reese<br>

  Chief Exectuve Officer</font></p>

  </td>

 </tr>

</table>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">INSTRUCTION:</font></b><font size="2" style="font-size:10.0pt;"> The form may

be signed by an executive officer of the registrant or by any other duly

authorized representative. The name and title of the person signing the form

shall be typed or printed beneath the signature. If the statement is signed on

behalf of the registrant by an authorized representative (other than an

executive officer), evidence of the representative's authority to sign on

behalf of the registrant shall be filed with the form.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<div align="center">



<table border="0" cellspacing="0" cellpadding="0" width="65%" style="border-collapse:collapse;width:65.0%;">

 <tr>

  <td width="38%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:38.4%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="23%" valign="top" style="padding:0in 0in 0in 0in;width:23.36%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ATTENTION</font></b></p>

  </td>

  <td width="38%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:38.24%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:100.0%;">

  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT<br>

  CONSTITUTE FEDERAL CRIMINAL VIOLATIONS<br>

  (SEE 18 U.S.C. 1001).</font></b></p>

  </td>

 </tr>

</table>



</div>



<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>





<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">



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</TEXT>
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