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

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

For  Period  Ended:  5-31-01
[  ]  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 Commissions 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:

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PART  1--REGISTRANT  INFORMATION  (Official  Text)


International  Cavitation  Technologies,  Inc.
- ---------------------------------------------
Full  Name  of  Registrant:


Yellow  Gold  of  Cripple  Creek,  Inc.
- ------------------------------------
Former  Name  if  Applicable


12407  South  Memorial  Drive
- -----------------------------
Address  of  Principal  Executive  Office  (Street  and  Number)


Bixby,  OK  74008-2505
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City,  State  and  Zip  Code


PART  II--Rules  12b-25(b)  AND  (c)  (Official  Text)
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;


 [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  o 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  (Official Text)
          State below in reasonable  detail the reasons why the Form 10-K, 11-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) Delay in filing due to recent reverse  merger and  requirement
          to  consolidate  financials.

PART  III--narrative(official  Text)
State below in  reasonable  detail the reasons  why the Form 10-K,  11-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's auditors have not completed the May 31, 2001 audit.

PART  IV--OTHER  INFORMATION  (Official  Text)
(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
    notification.


     David  N.  Shroff                    (918)                     369-5950
   ------------------                  -------                  -------------
         (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  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  statement  to  be  included  in the subject report or portion thereof?
[X]Yes    []No

Company  has  incurred  substantial  operating losses during the current period.

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.

________________________________________________________________________________

                  International  Cavitation  Technologies,  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:   8/29/2001                                 By:  /s/  David  N.  Shroff
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