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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                         COMMISSION FILE NUMBER: 0-21051

(Check One):

(X) Form 10-K and Form 10-KSB   ( ) Form 11-K
( ) Form 20-F   ( ) Form 10-Q and Form 10-QSB   ( ) 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:

         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


                           CAPITAL MEDIA GROUP LIMITED
                           ---------------------------
                             Full Name of Registrant


                          CARDINAL CAPITAL CORPORATION
                          ----------------------------
                            Former Name if Applicable


                             2 RUE DU NOUVEAU BERCY
                             94220 CHARENTON, FRANCE
                      -------------------------------------
                      Address of Principal Executive Office



                                    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)

The Registrant hereby represents that:

         (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, 11-K or 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-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, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof could not be filed
within the prescribed period.

         The Registrant's Annual Report on Form 10-KSB for the fiscal year ended
December 31, 2000 could not be filed within the prescribed time period because
certain information and data relating to and necessary for the completion of the
Registrant's financial statements and management's discussion and analysis of
financial condition and results of operations could not be obtained by the
Registrant within time period without unreasonable effort or expense.

                                    PART IV
                                OTHER INFORMATION

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

Philip B. Schwartz                                       (305) 982-5604
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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.




                           CAPITAL MEDIA GROUP LIMITED
- --------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

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

Date: March 28, 2001                   By: /s/ GILLES ASSOULINE
                                          -------------------------------------
                                           Gilles Assouline
                                           Chairman, President and
                                           Chief Executive Officer