SONIC JET PERFORMANCE
NTN 10K, 1999-04-06
BLANK CHECKS
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<PAGE>   1

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

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                               Commission File Number 000-22273

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

         For Period Ended:  December 31, 1998.
                           --------------------

          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:  __________________________________________

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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

                           Sonic Jet Performance, Inc.
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Full Name of Registrant

                     Boulder Capital Opportunities III, Inc.
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Former Name if Applicable

                               15662 Commerce Lane
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Address of Principal Executive Office (Street and Number)

                           Huntington Beach, CA 92649
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City, State and Zip Code




<PAGE>   2

                        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
                reporton 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 of 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 the reasons why the Form 10-K, 20-f, 11-K,
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)

Our auditors have not completed their audit of our Financial Statements for the
fiscal year ended December 31, 1998. The Form 10-KSB will be filed by April 15,
1999.


                           PART IV--OTHER INFORMATION

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

             Alex Mardikian                714                  895-0944
          -------------------       -----------------    ---------------------
                (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 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          |_| No




<PAGE>   3

         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..

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                           Sonic Jet Performance, 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:  April 5, 1999                          By:  /s/ Alex Mardikian
       -------------                             ---------------------------
                                                   Alex Mardikian, 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.


                                    ATTENTION

     
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  Intentional misstatements or omissions of fact constitute Federal Criminal
                        Violations (See 18 U.S.C. 10001)
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