SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                   FORM 12b-25


                                                  COMMISSION FILE NUMBER 0-26463
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     (Check One):  |_| Form 10-K   |_| Form 11-K  |_| Form 20-F   |X| Form 10-Q
|_|  Form N-SAR
     For Period Ended: June 30, 2003
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|_| 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 From 11-K

         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  related  to a  portion  of the  filing  check  above,
identify the item(s) to which the notification relates:
                                                       -------------------------

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                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant MILITARY RESALE GROUP, INC.
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Former name if applicable

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Address of principal executive office (Street and number)

                              2180 EXECUTIVE CIRCLE
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City, state and zip code         COLORADO SPRINGS, COLORADO 80906
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PART II

         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  quarterly  report on Form 10-QSB will be filed on or
               before the fifth calendar day following the prescribed due date;

     |_|  (c)  The  accountant's  statement  or other  exhibit  required by Rule
               12b-25(c) has been attached if applicable.

PART III

     State below in  reasonable  detail the reasons why Form 10-QSB could not be
filed within the prescribed period.

We are unable to file our Quarterly  Report on Form 10-QSB within the prescribed
time  period  without  reasonable  effort or expense  due to the recent  call to
active military  service of certain of our critical  financial  personnel.  As a
result, we were delayed in preparing our financial  statements for review by our
new independent  accountants  which,  consequently,  required the filing of this
Form 12b-25 to obtain an extension of the filing date.


PART IV

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

                    Eric M. Hellige                      (212) 421-4100
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     (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  twelve  months or for such
          shorter period that the registrant was required to file such report(s)
          been filed? If the answer is no, identify such reports.

                           Yes |X|                   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

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               statements  to be  included  in the  subject  report  or  portion
               thereof?  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.

                           Yes |_|                   No |X|

     MILITARY RESALE GROUP,  INC.. has caused this  notification to be signed on
its behalf by the undersigned thereunto duly authorized.



Date:  August 14, 2003                         By /s/ Ethan D. Hokit
                                                 ------------------------------
                                                 Name: Ethan D. Hokit
                                                 Title: President


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