U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 12b-25

Notification of Late Filing

x Form 10-KSB ¨ Form 11-K ¨ Form 20-F q Form 10-QSB ¨ Form N-SAR

For The Fiscal Year Ended: December 31, 2005

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:

N/A

PART I - REGISTRANT INFORMATION

INNOVATIVE SOFTWARE TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in Charter)

100 North Tampa Street, Suite 2410, Tampa, Florida 33602

(Address of Principal Executive Office)

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)

	(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/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 the Form 10-KSB, 11-K, 20-F, 10-QSB or N-SAR or portion thereof could not be filed within the prescribed time:

The Registrant is unable to timely file its report on Form 10-KSB for the fiscal year ended December 31, 2005 (the "Form 10-KSB") without unreasonable effort or expense. Registrant has recently (1) changed auditors and (2) downsized its staff substantially. Additional time has been necessitated by these events.

PART IV - OTHER INFORMATION

(1)

Name and telephone number of person to contact in regard to this notification

Peter M. Peterson (813) 387 - 3310

(2)

Have all other periodic reports required (under Section 13 or 15(d) of the Securities and 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 no, identify report(s).

x YES ¨ NO

(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 statement to be included in the subject report or portion thereof?

x YES ¨ 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.

Revenue for fiscal year 2004 was $17,341,520 resulting in net loss for the period of ($3,231,549). As much of the operations that generated that revenue was transferred as a result of a Settlement Agreement (see the Registrant’s report on Form 8-K dated July 19, 2004), and the Registrant’s remaining operations were sold on April 20, 2005 (see Registrant’s report on Form 8-K dated April 26, 2005), revenue for the current reporting period will be substantially less and management expects to report a net loss for the period. Management’s unaudited estimate for revenue and net loss for fiscal year 2005 are approximately $284,935 and ($3,000,000), respectively.

Innovative Software Technologies, Inc. has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.


	Innovative Software Technologies, Inc.

Dated: March 31, 2005	By:	/s/ Peter M. Peterson
		Peter M. Peterson Chief Executive Officer

ATTENTION

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