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







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


For Period Ended: December 31, 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 Commissions 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:

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PART I - REGISTRANT INFORMATION

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Full Name of Registrant:
B Y & C Management, Inc.
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Former Name if Applicable:

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Address of Principal Executive Office (Street and Number)
23 Corporate Plaza, Suite 180
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City, State and Zip Code
Newport Beach, California
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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)

[X]
(a)  The reasons  described in reasonable  detail in Part III of this form could
     not be eliminated without unreasonable effort or expense;

(b)  The subject annual report,  semi-annual  report,  transition report on Form
     10-K, Form 20-F, 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 of  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.

                                       1





PART III - NARRATIVE

State below in  reasonable  detail the reasons  why the Form 10-K,  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 Needed).

The Registrant  hereby represents that it is unable to file its Quarterly Report
on Form  10-QSB for the period  ended  December  31, 2000  without  unreasonable
effort or expense.  The Registrant  further represents that the Form 10-QSB will
be filed by no later than February 18, 2001,  which is the 5th day following the
date on which the Form 10-QSB was due.


PART IV - OTHER INFORMATION

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


                                                                                  
         Michael J. Muellerleile                              (949)                     660-9700
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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 and 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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B Y & C Management, Inc., a Florida corporation, has caused this notification to
be signed on its behalf by the undersigned,  thereunto duly  authorized,  in the
City of Newport Beach on February 13, 2001.

                                             B Y & C Management, Inc.,
                                             a Florida corporation

                                             By:      /s/ Robert Younker
                                                      --------------------------
                                                      Robert Younker
                                             Its:     President



INSTRUCTION: The form may be signed by an executive office 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.

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                                   ATTENTION:
        Intentional misstatements or omissions of fact constitute Federal
                   Criminal Violations (See 18 U.S.C. 1001).
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