CYBERAMERICA CORP
NT 10-Q, 2000-05-15
MANAGEMENT CONSULTING SERVICES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

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

For Period Ended: March 31, 2000                      SEC FILE NUMBER 001-09418
                                                      CUSIP NUMBER 232456 20 2
[ ]  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 Period Ended: March 31, 2000

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: Entire Form 10-Q

Part I - Registrant Information

         Full Name of Registrant                   CyberAmerica Corporation

         Former Name if Applicable                          N/A
                                                            ---

         Address of Principal Executive Office:
                  268 West 400 South, Suite 300
                  Salt Lake City, Utah 84101

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 2-F, 11- F, or From 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


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     (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, 11-K, 20-F,
10-Q or N-SAR or portion  thereof could not be filed within the prescribed  time
period.

         The Company recently upgraded its accounting software. As a result, all
data from prior years needed to be reentered.  Consequently, the Company may not
be able to file its Form 10-QSB on time without unreasonable effort or expense.

Part IV - Other Information

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

                        Richard D. Surber    President       (801) 575-8073
                        --------------------------------------------------------
                        (Name)                (Title)       (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 12 months or for
                  such shorter  period that the  registrant was required to file
                  such  report(s)  been  filed?  If the  answer if 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
                  narrative and quantitatively,  and, if appropriate,  state the
                  reasons why a  reasonable  estimate  of the results  cannot be
                  made.

                           Cyber America is experiencing a fundamental  increase
                           in results of operations.  The increase over the same
                           period the  previous  year is  anticipated  to exceed
                           400%.  Net results from  operations  before  minority
                           interest  are expected to be between $1.3 million and
                           $1.45 million for the quarter as compared to $323,327
                           for the same period the previous  year.  The increase
                           is due to increases in  consulting  revenue and gains
                           on  sale  of  securities.   Although   expenses  have
                           increased,   the  rate  has  been  much   lower  than
                           revenues. Many of the changes are for similar reasons
                           as those  discussed in the 10K annual report recently
                           filed.

                           Due to the  changes in  accounting  software  and the
                           process of consolidation of all subsidiary companies,
                           the exact changes cannot be discussed in detail until
                           fully completed and reviewed by independent auditors.
                           It is  anticipated  that the final  filing of the 10Q
                           will be completed as required.


<PAGE>


                            CyberAmerica Corporation
- -------------------------------------------------------------------------------
                  (Name of Registrant as specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.


Date:   May 15, 2000                        By:     /s/ Richard D. Surber
      ---------------------                    --------------------------
                                            Name: Richard D. Surber
                                            Title:    President





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