UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    
                                  FORM 12b-25
                          
                          -----------------------------
                          NOTIFICATION OF LATE FILING
                             SEC FILE NUMBER 0-25117

(Check One):|| Form 10-KSB |_|Form 20-F |_|Form 11-K |X|Form 10-QSB ||Form N-SAR
                                                                               
                                                                                

For Period Ended: November 30, 1998                                             

[ ] 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
                     

Full Name of Registrant
                      NEVADA MANHATTAN GROUP, INCORPORATED
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Former Name if Applicable

                      TERRA NATURAL RESOURCES CORPORATION
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Address of Principal Executive Office (Street and Number)

                    5038 NORTH PARKWAY CALABASAS, SUITE 100
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City, State and Zip Code

                          CALABASAS, CALIFORNIA 91302
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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 appropriate box.)

|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, Form 11-K,  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-QSB,
     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, 11-K, 20-F 10-QSB, N-SAR, or
the  transition  report  or  portion  thereof,  could  not be filed  within  the
prescribed time period.

          As a result  of new  arrangements  between  the  Registrant  and third
     parties, it is anticipated that revenues to be reported during this quarter
     will be  substantially  higher than the  previous  quarter  and  Management
     wishes to further confirm actual revenues and productivity  prior to filing
     the subject report.

                                                                                

PART IV--OTHER INFORMATION

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

     Wilma More                 818                           591-4400
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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

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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?
    | 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.

          The  Company  anticipates  revenues  of  $7,500,000  for the  quarter,
     although  the  numbers  are  being   finalized,   versus  $195,030  in  the
     corresponding quarter last fiscal year.

          The  increase  in  revenues is  primarily  due to sales and  marketing
     activities related to the products of Chrustalnaya Mining Company,  and, to
     a lesser extent,  to sales  activities of our new subsidiary,  NV Rexco, as
     well as increased revenues from timber operations in Brazil.

          The  accountants  have not  completed  their  examination  of  several
     transactions.  For this reason,  it is difficult to estimate the  Company's
     earnings for the period,  but we anticipate if there was a loss it would be
     significantly less than the corresponding quarter's loss of $1,691,693.



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                      NEVADA MANHATTAN GROUP, INCORPORATED
              ----------------------------------------------------
                  (Name of Registrant as Specified in Charter)

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

          January 13, 1999                         /s/ Tetsuo Kitagawa
Date ________________________            By_____________________________________
                                                  Chief Financial Officer