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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING




                                                 Commission File Number  1-12722
(Check one)

|_| Form 10-K and Form 10-KSB        |_| Form 11-K

|_| Form 20-F     |X| Form 10-Q and Form 10-QSB    |_| Form N-SAR

         For period ended    June 30, 1997



|_| Transition Report on Form 10-K and Form 10-KSB

|_|Transition Report on Form 20-F

|_| Transition Report on Form 11-K 

|_| Transition Report on Form 10-Q and Form 10-QSB

|_| 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:
_____________________________________________________________________________
_____________________________________________________________________________




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                                     PART I
                             REGISTRANT INFORMATION

         Full name of registrant   Good Ideas Enterprises, Inc.

         Former name if applicable __________________________________________


         Address of principal executive office (Street and Number)

4517 N.W. 31st Avenue

         City, State and Zip Code  Fort Lauderdale, Florida 33309

                                     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 Forms 10-K, 10-KSB, 20-F, 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, 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 the reasons why Forms 10-K, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could
not be filed within the prescribed time period. (Attach extra sheets if needed.)

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The delay in filing registrant's Form 10-K for its fiscal year ended March 31,
1997 further delayed the accounting personnel of registrant in preparing the
subject Form 10-Q. However, at this time registrant is relatively confident that
it can file the Form 10-Q within the 5-day time period provided by Rule 12b-25.

                                     PART IV
                                OTHER INFORMATION

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

Robert Muccini                 (954)             739-9600
(Name)                      (Area Code)      (Telephone Number)

         (2) Have all other periodic reports required under Section 13 or 15(d)
or 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.

                          Good Ideas Enterprises, Inc.
                  (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 14, 1997                             By  /s/ Robert Muccini
      ---------------                               --------------------
                                                         Robert Muccini
                                                         Chief Financial Officer


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