WASHINGTON, D.C. 20549
                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check  One):
[  ]  Form 10-K and Form 10-KSB  [ ] Form 20-F  [ ] Form 11-K  [X] Form 10-Q and
Form  10-QSB  [  ]  Form  N-SAR

For  Period  Ended:  December  31,  2000

[  ]  Transition  Report  on  Form  10-K
[  ]  Transition  Report  on  Form  20-F
[  ]  Transition  Report  on  Form  11-K
[  ]  Transition  Report  on  Form  10-Q
[  ]  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:    CATHAYONE,  INC.

Former  Name  if  Applicable:

Address  of  Principal  Executive  Office  (Street  and  Number):
City,  State  and  Zip  Code:

2100  Pinto  Lane  Las  Vegas  NV  89106

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, 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 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

     The  Company needs additional time to finalize its financial  statements in
order to ensure  accurate  reporting of its  financial  condition and results of
operation  for  the period ended  March 31 2001. The Company  expects to file by
May  25,  2001.

Part  IV--Other  Information

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

         Phillip  Flaherty
         Treasurer  and  interim  Chairman            (702)  528-8887
         ------------------------             ----------------------
                 (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).

[  ]  Yes   [X]  No

It  is  expected  that  the Company's Form 10-K for the period ended December 31
2001  will  be  filed  no  later  than  the  week  of  May  14  2001.

     (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?

[  ]  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.

                               CATHAYONE,  INC.
                  (Name  of  Registrant  as  specified  in  charter)

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

                               [GRAPHIC OMITED]

Date: May 11 2001

By /s/
         David Cooperberg


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