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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING
                                                   Commission File No. 333-69006

(Check One:)  (X)  Form 10-KSB   ( ) Form 20-F   ( ) Form 11-K   ( ) Form 10-QSB
              ( )  Form N-SAR    ( )  Form N-CSR

                       For Period Ended: December 31, 2003

(  ) Transition Report on Form 10-K     (  ) Transition Report on Form 10-Q
(  ) Transition Report on Form 20-F     (  ) Transition Report on Form N-SAR
(  ) Transition Report on Form 11-K

           For the Transition Period Ended:

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 Nothing  in this form  shall be  construed  to imply  that the  Commission  has
 verified any information contained herein.

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 If the notification relates to a portion of the filing checked above,  identify
 the Item(s) to which the notification relates:

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                                     PART I
                             REGISTRANT INFORMATION

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Full Name of Registrant:                    Dwango North America Corp.
Former Name if Applicable:
Address of Principal Executive Office:      200 West Mercer Street, Suite 501
                                            Seattle, Washington 98119

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                                     PART II
                             RULES 12b-25(b) AND (c)

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 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;

         (b)      The subject annual  report,  semi-annual  report,  transition
 report on Form  10-KSB,  Form 20-F,  Form 11-K,  Form N-SAR or Form  N-CSR,  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-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.






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                                    PART III
                                    NARRATIVE

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 State below in reasonable detail why Forms 10-KSB,  20-F, 11-K, 10-QSB,  N-SAR,
 N-CSR, or the transition  report or portion thereof,  could not be filed within
 the prescribed time period.

 Additional time is needed to file the Form 10-KSB due to the recent move of the
 Company's  executive offices from Houston to Seattle and due to a recent change
 in the Chief Financial Officer.

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                                     PART IV
                                OTHER INFORMATION

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

                                  J. Paul Quinn
                                 (206) 286-1440

         (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?

                                 (X) Yes ( ) 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.

         The Company's operating results are in the process of being finalized.
 There  will  be an  increase  in  the  loss  in  2003  versus  2002  due to the
 significantly expanded scope of operations in 2003.




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                           Dwango North America Corp.
                           --------------------------
                  (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 26, 2004                         By:   /s/ J. Paul Quinn
                                                 -----------------------
                                              J. Paul Quinn
                                              Chief Financial Officer


 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
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   Intentional misstatements or omissions of fact constitute Federal criminal
                         violations (see 18 U.S.C.1001)

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