UNITED STATES                                       OMB APPROVAL
      SECURITIES AND EXCHANGE COMMISSION                   OMB NUMBER: 3235-0058
               Washington, D.C.                   Average estimated burden hours
                                                     per response...........2.50

                 FORM 12B-25

                                                                 SEC FILE NUMBER
       NOTIFICATION OF LATE FILING                                   0-23823

(Check one): X Form 10-K   Form 11-K    Form 20-F     Form 10-Q    Form N-SAR
            ---          --           --            --           --


                         For Period Ended: June 30, 2002
                                           -------------

Read Instructions (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.

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


PIPELINE TECHNOLOGIES, INC.
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Full Name of Registrant


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Former Name if Applicable


1001 Kings Avenue, Suite 200
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Address of Principal Executive Officer (Street and Number)


Jacksonville, FL 32207
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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, 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;

  X            (    (b) The subject annual report or semi-annual  report/portion
------              thereof  will be filed on or before the  fifteenth  calendar
                    day  following  the  prescribed  due  date  or  the  subject
                    quarterly  report  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 the Form 10-K, 11-K, 20-F, 10-Q
or N-SAR or  portion  thereof,  could not be filed  within the  prescribed  time
period.

The Company and its accountants need additional time to finalize and analyze its
financial  statements  and  prepare  Management's  Discussion  and  Analysis  of
Financial Condition and Results of Operation.






PART IV -- OTHER INFORMATION

(1)  Name  and  telephone  number  of  persons  to  contact  in  regard  to this
     notification

       David J. Babiarz, Esq.                  303              779-5900
       ----------------------              -----------     ------------------
            (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 reports) been filed?  If answer is no,
     identify report(s).   X  yes        no
                          ---        ---


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?   yes  X  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.

                           Pipeline Technologies, Inc.
                  --------------------------------------------
                  (Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date: September 30, 2002               By:  /s/  Timothy J. Murtaugh
      ------------------                    -------------------------------
                                            Timothy J. Murtaugh, President


INSTRUCTION: 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.

                                    ATTENTION

Intentional  misstatements  or omissions  of fact  constitute  Federal  Criminal
Violations (see 18 U.S.C. 1001)

                              GENERAL INSTRUCTIONS

1.   This Form is  required by Rule  12b-25 (17 CFR  240.12b-25)  of the General
     Rules and Regulations under the Securities Exchange Act of 1934.

2.   One signed  original and four conformed  copies of this Form and amendments
     thereto  must be  completed  and filed  with the  Securities  and  Exchange
     Commission,  Washington,  D.C.  20549,  in accordance  with Rule 0-3 of the
     General Rules and Regulations  under the Act. The information  contained in
     or filed  with  the Form  will be made a matter  of  public  record  in the
     Commissions files.

3.   A manually  signed copy of the form and  amendments  thereto shall be filed
     with each national  securities exchange on which any class of securities of
     the registrant is registered.

4.   Amendments to the  notification  must also be filed on Form 12b-25 but need
     not restate information that has been correctly  furnished.  The Form shall
     be clearly identified as an amendment notification.