SECURITIES AND EXCHANGE COMMISSION WASHINGTON. DC 20549 FORM 12b-25 Notification of Late Filing Commission File Number 0-29657 ------- [X] Form 10-QSB PART I REGISTRANT INFORMATION Full name of registrant American Electric Automobile Company, Inc. Address of principal executive office (street and Number) 7270 Woodbine Avenue, Suite 200, Markham, Ontario, Canada L3R 4B9 City, state and zip code PART II RULE 12B-25(b) AND (c) (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, transition report on Form 10-K, 10-KSB, 20F, 11-K or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed [X] due date: or the subject quarterly report or transition report on Form 10-Q, 10QSB, 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 The Company's accountants are unable to complete the 10QSB within the filing time period due to an excessive workload. PART IV OTHER INFORMANTON (1) Name and telephone number of person to contact in regard to this notification. Stephen M. Cohen - Secretary (905) 947-9925 - --------------- ------------------------------ (Name) (Area Code) (Telephone Number) (2) Have all other periodic reports required under Section 13 or 15(d) or 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 reports. X Yes (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 earnings statements to be included in subject report or portion thereof? X No If so attach explanation of the anticipated change, both narrative and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of results cannot be made. AMERICAN ELECTRIC AUTOMOBILE COMPANY, INC. ------------------------------------------------------ (Name of Registrant as Specified in Charter) Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: November 14, 2001 /s/ Stephen M. Cohen ---------------------------- By Stephen M. Cohen Secretary