U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                              Commission File Number 002-93277-D
(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: June 30, 2003

         [   ]    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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     If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:

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Part I - Registrant Information
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         Full Name of Registrant:    Medizone International, Inc.
         Former Name if Applicable:  (originally, Madison Funding, Inc.)
            144 Buena Vista
            Stinson Beach, CA 94970
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Part II - Rules 12b-25(b) and (c)
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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, 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.





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Part III - Narrative
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The quarterly report of the registrant on Form 10-QSB could not be filed because
management requires additional time to compile and verify the data required to
be included in the report. The report will be filed within five days of the date
the original report was due.

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Part IV - Other Information
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     (1) Name and telephone number of person to contact in regard to this
notification

         Edwin G. Marshall        (415)             868-0300
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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 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.







                          Medizone International, Inc.
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                   (Name of Registrant as specific in charter)

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

Date   August 13, 2003           By /s/ Edwin G. Marshall
                                     -----------------------------------------
                                         Edwin G. Marshall, CEO



___________________________________ATTENTION_______________________________


  INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL
                        VIOLATIONS (SEE 18 U.S.C. 1001).
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