KINESYS PHARMACEUTICALS INC
NT 10-Q, 2000-05-16
PHARMACEUTICAL PREPARATIONS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(CHECK ONE):

[ ] Form 10-K and Form 10-KSB             [  ]Form 20-F
[X] Form 10-Q and Form 10-QSB             [  ]Form N-SAR

For period ended: March 31, 2000

[ ] 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

Full Name of Registrant: KINeSYS Pharmaceuticals, Inc.

Former Name if Applicable:

Address of Principal Executive Office (Street and Number): 3771 Jacombs Road,
Unit 415, Richmond, B.C., Canada V6V 2L9

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): [X]

     (a) The reasons described in reasonable detail in Part III of this form
         could not be eliminated without unreasonable effort or expense;

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     (b) The subject annual report, semi-annual report, transition report on
         Form 10-K, Form 20-F, 11-K 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; 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 Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.

The Registrant's Form 10-QSB is the first regular quarterly report since the
effectiveness of its registration statement on Form 10. The Registrant is
compiling the information required for the Form 10-QSB but requires a few
additional days to complete the Form 10-QSB.

PART IV - OTHER INFORMATION

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

Jeff Kletter                      (858)                     716-2192
- --------------------------------------------------------------------------------
     (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

(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.

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

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                          KINeSYS PHARMACEUTICALS, 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: May 15, 2000                             By: /s/ Jeff Kletter
                                                   -----------------------------
                                                     President




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