ORTHODONTIX INC
NT 10-K, 2000-03-30
REAL ESTATE INVESTMENT TRUSTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                                              COMMISSION FILE NUMBER: 000-27836

                           NOTIFICATION OF LATE FILING

(Check One):  |X| Form 10-K  [ ] Form 20-F  [ ] Form 11-K
              [ ] Form 10-Q  [ ] Form N-SAR

                           For Period Ended: December 31, 1999

                           [ ] 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:

                        PART I -- REGISTRANT INFORMATION

ORTHODONTIX, INC.

- -------------------------------------------------------------------
Full Name of Registrant

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

600 Brickell Avenue, Suite 300 M
- -------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

Miami, Florida 33131
- -------------------------------------------------------------------
City, State and Zip Code


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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 appropriate box.)

  |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, Form 20-F, Form 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.

                              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 or portion thereof, could not be filed within the
prescribed time period. (Attach extra sheets if needed.)

Compilation of financial data is delayed.

                           PART IV--OTHER INFORMATION

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

         F.W. Mort Guilford       (305)                     373-1002
- --------------------------------------------------------------------------------
                (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


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(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.

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


                                ORTHODONTIX, 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 29, 2000

                                     By:      /s/ F.W. MORT GUILFORD
                                              -----------------------------
                                              F.W. Mort Guilford, 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.




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