UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check One):

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

               For Period Ended:  September 30, 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:

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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

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Full Name of Registrant:

Anaconda Venture Corporation
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Former Name if Applicable:

N/A
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Address of Principal Executive Office (Street and Number):

19900 MacArthur Boulevard, Suite 660
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City, State and Zip Code:

Irvine, California 92612
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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,  semi-annual  report,  transition
                  report on Form 10-K,  Form 20-F,  Form 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 Need) SEC 1344 (6/94)

         Registrant's independent auditors have not yet completed their audit of
the finanacial  statements of the Registrant for the period ended  September 30,
2000 and are,  therefore,  unable to furnish  their  opinion on such  finanacial
statements.

PART IV -- OTHER INFORMATION

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

              Tim T. Chang            (949)               851-9800
              ------------            -----               --------
                (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

(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 there?

         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.

                                                                  [ } Yes [X] No
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                          Anaconda Venture Corporation
                          ----------------------------
                  (Name of Registrant as Specified in Charter)


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


Date November 14, 2000                      By /s/ Tim T. Chang
- ----------------------                      -------------------
                                                   Tim t. Chang
                                                   Chief Executive Officer

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.