10-3-94                 General Reporting Rules                      2018-E

     The  official  text of Form  12b-25 is shown  below.  However,  it has been
reduced for editorial reasons and should be enlarged to 8 1/2" by 11" before use
or copies may be obtained from the SEC Office of  Publications  at 202- 942-4046
or from an SEC regional office [see 30,211].  NOTE: Form 126-25 may also be used
by small  business  issuers to notify the SEC of the late  filing of FORM 10-KSB
and Form 10-QSB.


              UNITED STATES                                OMB APPROVAL
  SECURITIES AND EXCHANGE COMMISSION              OMB Number:        3235-0058
        Washington, D.C. 20549
                                                   Estimated average burden
                                                Hours per response......2.50
                           FORM 12b-25
                                            Commission File Number:    1-15913
                 NOTIFICATION OF LATE FILING

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

                  For Period Ended:    August 31, 2002
                  [    ] 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:

     Read  Instruction  (on back page) 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

United States Basketball League, Inc.
Full Name of Registrant


Former Name if Applicable

 46 Quirk Road
Address of Principal Executive Office (Street and Number)

Milford, CT  06460
City, State and Zip Code

PART II-- RULES 12b-25(b) AND (c)

     If the  subject  report  could not be filed  without  reasonable  effort or
expense  and  the  registrant  seeks  relief  pursuant  to Rule  12b-25(b),  the
following should be completed. (Check box if appropriate)

     (a) The reasons  described  in  reasonable  detail on 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, 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.

PART III- NARRATIVE

     State below in reasonable  detail why the Form 10-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  Company  will be  delayed  in the  filing  of its  10-Q,  because  the
Company's auditors are still reviewing the second quarter Form 10-Q figures.





PART IV-- OTHER INFORMATION

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

 Richard J. Blumberg Esq.            (212)                      448-1100
       (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 reports) been filed? If answer no, identify
repo 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 Yes XX 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.




                                       United States Basketball League, Inc.
                                   (Name of Registrant as Specified in Charter)

     has caused this  notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date   October 11,  2002           By    /s/ Daniel Meisenheimer, III
                              Daniel Meisenheimer, III, Chief Executive Officer

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

                               ATTENTION

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


                          GENERAL INSTRUCTION

     1. This form is required by Rule 12b-25 (17 CFR  240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.

     2.  One  signed  original  and  four  conformed  copies  of this  form  and
amendments  thereto must be completed and filed with the Securities and Exchange
Commission,  Washington,  D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information  contained in or filed with
the form will be made a matter of public record in the Commission files.

     3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities  exchanged on which any class of securities of the
registrant is registered.

     4.  Amendments to the  notifications  must also be filed on form 12b-25 but
need not restate information that has been correctly  furnished.  The form shall
be clearly identified as an amended notification.

     5.  Electronic  Filers.  This form shall not be used by  electronic  filers
unable to timely file a report  solely due to  electronic  difficulties.  Filers
unable to submit a report within the time period  prescribed due to difficulties
in  electronic  filing  should  comply  with  either  Rule  201 or  Rule  202 of
Regulation S-T or apply for an adjustment in filing date pursuant to Rule 13-(b)
of Regulation S-T.