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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                  (Check One):

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

                       For Period Ended: October 31, 2005

                       [ ] 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: N/A

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PART 1 - REGISTRANT INFORMATION
============================================================================

                      Full Name of Registrant: MEGOLA, INC.
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                           Former Name if Applicable:
                          -----------------------------
                      Address of Principal Executive Office

                            446 Lyndock St, Suite 102
                   ------------------------------------------
                                Street and Number

                        Corunna, Ontario, Canada, N0N 1G0
                      -------------------------------------
                            City, State and Zip Code


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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, semi-annual report, transition report on
         Form 10-K, Form 20-F, 11-K, 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; and

[ ]      (c) The accountant's statement or other exhibit required by RULE
         12b-25(c) has been attached if applicable.



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PART III - NARRATIVE
============================================================================

State below in reasonable detail the reasons why the Form 10-K and Form 10-KSB,
11-K, 20-F, Form 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed period.
(Attach extra sheets if needed)

The Company's auditors are in the process of finalizing the financial statement
review and will not be completed in sufficient time to file the Quarterly Report
on Form 10-QSB for the Period ending October 31, 2005 by December 15, 2005.

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PART IV - OTHER INFORMATION
============================================================================

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


                Joel Gardner            (519)             481-0628
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                   (Name)            (Area Code)      (Telephone Number)


(2)      Have all other periodic reports required under Section 12 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 reports) 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.






                                  MEGOLA, INC.
- --------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.


                                   MEGOLA, INC.

Date: December 14, 2005
                                   By: /s/ Joel Gardner
                                   -----------------------------
                                   Joel Gardner, President


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.