SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25



                           NOTIFICATION OF LATE FILING

         (Check One): [x]Form 10-K   [ ]Form 11-K   [ ]Form 20F    [ ]Form 10-Q

[ ] Form N-SAR

      For Period Ended: December 31, 2003
                        -----------------

[ ] Transition Report on Form 10-K         [ ] Transition Report on Form 10-Q

[ ] Transition Report on Form 20-F         [ ] Transition Report on Form N-SAR

[ ] Transition Report on Form 11-K


      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

Full name of registrant: IVP Technology Corporation
                         --------------------------

Former name if applicable: N/A
                           ---

Address of principal executive office (Street and number): 2275 LAKESHORE BLVD.,
WEST - SUITE 401

City, state and zip code:  Toronto, Ontario Canada M8V 3Y3
                           -------------------------------


                                     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,  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, 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.



                                                                     FORM 12b-25


                                    PART III
                                    NARRATIVE

      State below in reasonable  detail the reasons why Form 10-K,  11-K,  10-Q,
N-SAR or the  transition  report  portion  thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)

      Due to the recent  divestiture  of Ignition  Entertainment  and subsequent
divestiture of the Games Division, a delay has been experienced in preparing the
financial  statements  for the period ended  December 31, 2003.  The  Registrant
respectfully  requests an extension  of the filing of its Annual  Report on Form
10-KSB for the period ended December 31, 2003.


                                     PART IV
                                OTHER INFORMATION

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

             Brian J. MacDonald       (416)                  252-6200
             --------------------------------------------------------------
             (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  Registrant
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.

                                      -2-

                                                                     FORM 12b-25

                           IVP TECHNOLOGY CORPORATION
                           --------------------------
                  (Name of registrant as specified in charter)

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




Date:  March 30, 2004      By:/S/ Brian J. MacDonald
                              --------------------------------------------
                              Brian J. MacDonald, Chairman & CEO