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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  FORM 12b-25

                          NOTIFICATION OF LATE FILING

                                                Commission File Number 000-26175

(Check One)

[ ] Form 10-K  [ ] Form 20-F  [ ] Form 11-K  [X] Form 10-Q  [ ] Form N-SAR

                  For Period Ended:      March 31, 2000
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[ ] 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: ________________________

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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

                          DISCOVERY INVESTMENTS, INC.
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Full Name of Registrant

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Former Name if Applicable

                      23805 Stuart Ranch Road, Suite 220
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Address of Principal Executive Office (Street and Number)

                           Malibu, California 90265
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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(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;
[X]   (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

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.
                                               (Attach Extra Sheets if Needed)

The quarterly report of Discovery Investments, Inc. (the "Company") on Form
10-QSB could not be filed within the prescribed time period because the
Company's quarterly financial statements were not completed and could not be
completed within the prescribed time period without unreasonable effort or
expense. The Company anticipates that its report on Form 10-QSB will be filed on
or before the fifth calendar day following its prescribed due date.


                          PART IV - OTHER INFORMATION

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

         /s/ Lance Jon Kimmel            (310)                  277-1226
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               (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 answer is
     no, identify report(s).                                [X] Yes [ ] No

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(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.

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                          DISCOVERY INVESTMENTS, INC.
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                 (Name of Registrant as Specified in Charter)

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

Date         May 12, 2000               By        /s/ JOHN D. CASTELLUCCI
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                                               John D. Castellucci, 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).         |
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             [Letterhead of Alschuler Grossman Stein & Kahan LLP]


                                              May 12, 2000


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

       Re:   Discovery Investments, Inc. (Commission File No. 000-26175)
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Ladies and Gentlemen:

       Transmitted herewith via EDGAR is Form 12b-25, Notification of Late
Filing, to the Quarterly Report on Form 10-QSB for the above-captioned
Registrant.

       If you have any questions regarding this filing, please contact the
undersigned at (310) 277-1226 or by e-mail at lkimmel@agsk.com.
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                                                    Very truly yours,

                                                    /s/ Lance Jon Kimmel