SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON D.C. 20549

                                    FORM 12b-25

                            NOTIFICATION OF LATE FILING

                         Commission File Number  33-55254-18

(Check One):

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

For Period Ended:       JUNE 30, 2001

[   ] Transition Report on Form 10-K and Form 10-KSB

[   ] Transition Report on Form 20-F

[   ] Transition Report on Form 11-K

[   ] Transition Report on Form 10-Q and Form 10-QSB

[   ] Transition Report on Form N-SAR

For the Transition Period Ended:
_____________________________________________________________________________

Read Attached Instruction Sheet 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: Not applicable


PART I

REGISTRANT INFORMATION

Full Name of Registrant:                COMPOSITE INDUSTRIES of AMERICA, INC.

Former Name if Applicable:              WORLD HOMES, INC.

Address of Principal Executive Office:  4505 W. Hacienda Ave.  Unit I-1

City, State and Zip Code:               Las Vegas, Nevada 89118

Phone Number:                           702-579-4888


PART II

RULE 12b-25(b) AND (c)

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)

[X]        (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, 10-KSB, 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th calendar day following the
prescribed due date; or the subject quarterly report or transition report on
Form 10-Q, 10-QSB 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 the reasons why Form 10-K, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof
could not be filed within the prescribed time period.  (Attach extra sheets
if needed).

Composite Industries of America, Inc.,(formally World Homes, Inc) is
requesting this extension because we are waiting for supporting documents/
exhibits from legal counsel and auditors.  The recent terroist attacks has
delayed preperation of the 10-K because these professional entities are
located in New York City.

We thank you in advance.

                By:  /s/ Susan Donohue
                         ----------------------
                         Susan Donohue
                         Secretary/ Treasurer


PART IV

OTHER INFORMATION

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

Susan Donohue               702-579-4888
----------------            ------------------------------
(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 other shorter period that the Registrant was required to file
     such report(s) been filed?  If the 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.

                     COMPOSITE INDUSTRIES of AMERICA, 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 09/28/01        By: /s/ Susan Donohue
                         ----------------------
                         Susan Donohue
                         Secretary, Treasurer


        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 INSTRUCTIONS

        1.        This form is required by Rule 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, DC 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 the public record in the
Commission files.

        3.        A manually signed copy of the form and amendments thereto
shall be filed with each national securities exchange 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.