SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12B-25

                                                  COMMISSION FILE NUMBER 0-26463

         (Check One):  |_|  Form 10-K       |_|  Form 11-K       |_|  Form 20-F
|X| Form 10-Q       |_|  Form N-SAR
         For Period Ended: JUNE 30, 2002
                           -------------------------

|_| 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.
                        --------------------------------------------------------

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 fifteenth 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.

                  The preparation of our Quarterly Report on Form 10-QSB for the
         quarterly period ended June 30, 2002 was delayed as we were unable to
         complete our financial statements, and our independent accountants were
         unable to complete their review of such financial statements, until
         August 14, 2002, the date we were required to file our Quarterly Report
         on Form 10-QSB. We were able to file on August 15, 2002, which
         consequently required the filing of this Form 12b-25 to obtain an
         extension of the filing date.

                  As a result of the foregoing, our Quarterly Report on Form
         10-QSB for the quarterly period ended June 30, 2002, was not completed
         and filed until August 15, 2002.

PART IV

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

                           ERIC M. HELLIGE                 (212) 421-4100
                       --------------------------------------------------


         (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 |_|


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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? 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 15, 2002                        By   /s/ ETHAN D. HOKIT
                                                -------------------------------
                                                Name:  Ethan D. Hokit
                                                Title: President

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