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

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                           FORM 12b-25
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                   NOTIFICATION OF LATE FILING
                                                  SEC FILE NUMBER
                                                  Commission File Number 0-28514

                           (Check One):

 [ ] Form 10-K and Form 10-KSB   [ ] Form 20-F  [ ] Form 11-K
 [X] Form 10-Q and Form 10-QSB   [ ] Form N-SAR


 For the Period Ended: July 31, 2001

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     Nothing in this Form shall be construed to imply that the
Commission has verified any information contained herein.
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     If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
                                                                  Not Applicable

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PART I -- REGISTRANT INFORMATION
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Full Name of Registrant      TREASURY INTERNATIONAL, INC.

Former Name if Applicable    N/A

                      1081 KING STREET EAST, 2ND FLOOR
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          Address of Principal Executive Office (Street and Number)

                     KITCHENER, ONTARIO N2G 2N1 CANADA
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                          City, State and Zip Code



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Part II - Rules 12b-25(b) and (c)
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     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)

     |    (a)  The reasons described in reasonable detail in Part
     |    III of this form could not be eliminated without
     |    unreasonable effort or expense;
     |
     |    (b)  The subject annual report, semi-annual report, or
     |    transition report or portion thereof will be filed on
     |    or before the fifteenth calendar day following the
[X]  |    prescribed due date; or the subject quarterly report or
     |    transition report on Form l0-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.


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

     The Registrant's requires additional time to review and complete Form
10-QSB. The Registrant will file its Quarterly Report on Form 10-QSB as soon as
possible, and in any event no later than the fifth calendar day following the
prescribed due date for such report.

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Part IV - Other Information
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     (1)  Name and telephone number of person to contact in
     regard to this notification:

            William B. Barnett        (818)               789-2688
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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 during
     the preceding l2 months (or for such shorter period that the
     registrant was required to file such reports) been filed?
     If 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.
                                                        (Not applicable)

                   TREASURY INTERNATIONAL INC.
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           (Name of Registrant as specified in charter)

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


Dated:  September 14, 2001

                              TREASURY INTERNATIONAL INC.


                              By:  /s/ Dale Doner
                              -----------------------------------------
                               Name: Dale Doner
                              Title: Chief Executive Officer, President
                                     and Director

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