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

                                   FORM 12b-25

                        Commission File Number 000-52132

                           NOTIFICATION OF LATE FILING

(Check One): [_] Form 10-K  [_] Form 20-F  [_] Form 11-K  [X] Form 10-Q
             [_] Form 10-D  [_] Form N-SAR [_] Form N-CSR

                        For Period Ended: June 30, 2008
                                          -------------

             [_]  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:____________________

Read attached instruction sheet 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

Dragon Acquisition Corporation
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Full Name of Registrant

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Former Name if Applicable

c/o Nautilus Global Partners, 700 Gemini Street, Suite 100
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Address of Principal Executive Office (Street and Number)

Houston, TX  77056
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City, State and Zip Code

PART II --RULE 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 15th 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 why the Form 10-K, 20-F, 11-K, 10-Q, 10-D,
N-SAR, N-CSR, or the transition report portion thereof could not be filed
within the prescribed time period. (Attach extra sheets if needed.)

         The registrant requires additional time to complete the presentation
         and filing of it's Form 10Q for the period ended June 30, 2008. The
         Registrant intends to file its Form 10-Q Quarterly Report within the
         time period provided by the filing of this extension.

PART IV --OTHER INFORMATION

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

        Joseph Rozelle             (281)                     488-3883
     --------------------       -----------             ------------------
           (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).        [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
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.

                         Dragon Acquisition Corporation
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                  (Name of Registrant as Specified in Charter)

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


Date August 13, 2008                By: /s/ Joseph R. Rozelle
                                        ----------------------------------
                                        Joseph R. Rozelle
                                        Chief Executive Officer