WASHINGTON, DC 20549
                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

     [ ] Form 10-K [_] Form 11-K [_] Form 20-F [X] Form 10-Q [_] Form N-SAR

                         For Period Ended: June 30, 2003

[_] 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 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: ________________________

                                Clinton H. Snyder
                  Global Entertainment Holdings/Equities, Inc.
                          703 Waterford Way, Suite 690
                                 Miami, FL 33126
                                 (305) 374-2036
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            (Name, Address and Telephone Number of Persons authorized
                     to receive notices and communications)

                                     PART I

                             REGISTRANT INFORMATION
                             Full name of registrant

                  Global Entertainment Holdings/Equities, Inc.
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            Address of principal executive office (Street and number)

                          703 Waterford Way, Suite 690
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                            City, state and zip code
                                 Miami, FL 33126
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                                     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,  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, 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 why the Form 10-K, 11-K, 20-F 10-Q, N-SAR or
the transition report portion thereof could not be filed within the prescribed
time period. (Attach extra sheets if needed.)

The form 10-QSB could not be filed within the prescribed time because the
Registrant requires additional time to finalize quarterly financial information,
complete consolidation of financial statements and complete the managements
discussion and analysis.

                                     PART IV

                                OTHER INFORMATION
(1)  Name and telephone number of person to contact in regard to this
     notification
                  Clinton H. Snyder                       305-374-2036
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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 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 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.


                   Global Entertainment Holdings/Equities, 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  August 14, 2003             By /s/ Clinton H. Snyder
    -------------------            ---------------------------------------------
                                   Clinton H. Snyder
                                   Chief Financial Officer