================================================================================


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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING


Check One): |X| Form 10-K and Form 10-KSB |_| Form 11-K 9 Form 20-F
                   || Form 10-Q and Form 10-QSB |_| Form N-SAR

                  For Period Ended: December 31, 2008
                                    -----------------

                  [  ] 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 Instructions (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

                           PARADIGM OIL AND GAS, INC.
- --------------------------------------------------------------------------------
                             Full Name if Applicable

- --------------------------------------------------------------------------------
                            Former Name if Applicable

                   27 Chicora Ave, Toronto, ON, M5R 1T7 Canada
- --------------------------------------------------------------------------------
            Address of Principal Executive Office (Street and Number)

- --------------------------------------------------------------------------------

                       PART II - RULES 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)





         (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, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
  |X|    filed on or before the fifteenth calendar day following the prescribed
         due date; or the subject quarterly report or transition report on Form
         10-Q or Form 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 the Forms 10-K, 10-KSB, 20-F,
11-K, 10-Q, 10-QSB, NBSAR, or the transition report or portion thereof, could
not be filed within the prescribed time period. (Attach Extra Sheets if Needed)

The Company has submitted its 10-K to its auditors. The Company is waiting for
final approval from the auditors to file.

                           PART IV - OTHER INFORMATION

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

             Marc Juliar           (416)              928-3095
             ----------         -----------       ------------------
               (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 statements to be included in the subject report or portion thereof?

     |_| Yes |X| No

                                        2


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.

- --------------------------------------------------------------------------------

                               PARAGIM OIL AND GAS, 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: March 31, 2009                       By: /s/ Marc Juliar
      --------------                           ---------------------------------
                                               Marc Juliar, President











                                      3


- --------------------------------------------------------------------------------