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

                                FORM 12b-25
                         NOTIFICATION OF LATE FILING

         [ X] Form 10-K  [ ] Form 20-F  [ ]  Form 11-K  [ ] Form 10-Q

                                                    SEC FILE NUMBER: 2-97360-A
                                                       CUSIP NUMBER: 53222E209
For Period Ended: December 31, 2000

[ X ] Transition Report on Form 10-KSB
[  ] Transition Report on Form 20-F
[  ] Transition Report on Form 11-K
[  ] Transition Report on Form 10-QSB
[  ] Transition Report on Form N-SAR


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

Full Name of Registrant             Light Management Group, Inc.

Former Name if Applicable           N/A

Address of Principal Executive Office: 3060 Mainway Drive, Suite 301
                                       Burlington, Ontario, Canada L7M 1A3

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;






[X]         (b)The subject annual report,  semiannual report,  transition report
            on Form 10-K, Form 2-F, 11-F, or Form N-SAR, or portion thereof will
            be 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 portion  thereof will be filed on or before
            the fifth calendar day following the prescribed due date;

      (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, 11-K, 20-F, 10-Q or
N-SAR or portion thereof could not be filed within the prescribed time period.

      On December 11, 2000,  the Board of Directors of Light  Management  Group,
      Inc. retained Feldman,  Sherb & Co., P.C. as the Company's auditor for the
      fiscal  year  ended  December  31,  2000.  As a result  of such  change in
      auditors,  Feldman  Sherb has  realized  some  adjustments  to LMG's  1999
      financial  statements  will be required in order to complete its audit. In
      addition,  LMG was  involved  in and  effected  a variety  of  merger  and
      acquisition  activities during its fiscal year starting on January 1, 2000
      and  ending on  December  31,  2000.  Consequently,  Feldman  Sherb  needs
      additional time to complete its audit of LMG.


PART IV - OTHER INFORMATION

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

         Donald Iwacha     President       (800) 465-9216
         ---------------------------------------------------
          (Name)            (Title)        (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 12 months  or for such  shorter  period  that the
      registrant was required to file such  report(s) been filed?  If the answer
      if 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?

                             ( X ) Yes  (  ) No





      If so, attach an explanation of the anticipated change, both narrative and
      quantitatively,  and, if  appropriate,  state the reasons why a reasonable
      estimate of the results cannot be made.

         The  Company's  revenues and  expenses for the year ended  December 31,
         2000, are  anticipated to increase by more than 100% as compared to the
         year ended  December 31, 1999.  Such  increase is due to the  Company's
         increased focus on sales of its new products.


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


                         Light Management Group, 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:  March 30, 2001         By:    /s/ Dr. Donald Iwacha
      ---------------            -----------------------------------------
                              Name: Dr. Donald Iwacha
                              Title:President