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:    November 30, 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
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 __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   January 13,  2003           By    /s/ Daniel Meisenheimer, III
                              Daniel Meisenheimer, III, Chief Executive Officer