SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25
                                                  Commission File Number 1-11765
                                                        CUSIP Number 58501K 10 7
                           NOTIFICATION OF LATE FILING

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

      For Period Ended:      JUNE 30, 2004
                        --------------------------------------------------------

|_| 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: N/A -------

                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant MEDJET INC.
                        --------------------------------------------------------

Former name if applicable
     N/A
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Address of Principal Executive Office (STREET AND NUMBER)
     1535 COLES AVENUE
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City, State and Zip Code MOUNTAINSIDE, NEW JERSEY 07092
                        --------------------------------------------------------

                                     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 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;

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




                                    PART III
                                    NARRATIVE

      State below in  reasonable  detail the  reasons why Form 10-K,  Form 20-F,
Form 11-K, Form 10-Q, Form N-SAR or the transition  report portion thereof could
not be filed within the prescribed time period.

      Medjet Inc. (the "Company") is unable to file its Quarterly Report on Form
10-QSB for the fiscal quarter ended June 30, 2004 in a timely manner because the
Company  was not  able to  timely  complete  its  financial  statements  without
unreasonable effort or expense.  Accordingly,  the Company respectfully requests
an extension of the filing date of such Form 10-QSB.  The Company will file such
Form 10-QSB as soon as practicable after the date hereof, but in any event on or
before the fifth calendar day following the prescribed due date.


                                     PART IV
                                OTHER INFORMATION

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

            EUGENE I. GORDON                     (908) 233-4677
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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.


                                   Medjet 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 16, 2004              By:   /S/ EUGENE I. GORDON
       -------------------                --------------------------------------
                                           Eugene I. Gordon,
                                           Chief Executive Officer