<SUBMISSION>
<ACCESSION-NUMBER>0001269364-04-000013
<TYPE>NT 10-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20031231
<FILING-DATE>20040329
<EFFECTIVENESS-DATE>20040329
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CAPE COASTAL TRADING CORP
<CIK>0001219097
<ASSIGNED-SIC>2590
<IRS-NUMBER>522372260
<STATE-OF-INCORPORATION>NY
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>NT 10-K
<ACT>34
<FILE-NUMBER>333-105393
<FILM-NUMBER>04695284
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>301 WEST 53 6C
<CITY>NEW YORK
<STATE>NY
<ZIP>10019
<PHONE>646-215-3583
</BUSINESS-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>cape12-25html1.htm
<DESCRIPTION>12B-25 NOTICE
<TEXT>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=3>U.S.&nbsp;&nbsp;&nbsp;&nbsp; SECURITIES AND EXCHANGE
 COMMISSION <BR><BR>Washington, D.C. 20549 </FONT></P>

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<P align=center><FONT face="Times New Roman, Times, Serif" size=3><b>FORM 12b-25</b> </FONT></P>

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<A name=A002></A>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><b>NOTIFICATION OF LATE FILING</B> </FONT></P>

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<A name=A003></A>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2>Commission File Number 333-105393 </FONT></P>

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<A name=A004></A>
<P align=left><FONT face="Times New Roman, Times, Serif" size=2><i>(Check One): </i></FONT></P>

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<P><FONT face="Times New Roman, Times, Serif" size=2>[ X] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form
 20-F [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR </FONT></P>

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<A name=A005></A>
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For Period Ended:
 <U>December 31, 2003</U> </FONT></P>


<P><FONT size=2>[ ] Transition Report on Form 10-K and Form 10-KSB [ ] Transition Report on Form 20-F </FONT>
</P>


<P><FONT size=2>[ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q and Form 10-QSB </FONT>
</P>


<P><FONT size=2>[ ] Transition Report on Form N-SAR</FONT>
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<A name=A006></A></P>

<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For the Transition
 Period Ended: </FONT></P>

<P align=left><FONT face="Times New Roman, Times, Serif" size=2><i>Read Attached Instruction Sheet Before Preparing Form.
 Please Print or Type.</i></FONT></P>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nothing
 in this form shall be construed to imply that the Commission has verified any information contained
 herein. </FONT></P>


<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
 the notification relates to a portion of the filing checked above, identify the item(s) to which the
 notification relates: </FONT></P>
<BR>
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<P align=center>PART I REGISTRANT INFORMATION
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<BR><BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600>
<TR VALIGN=Bottom>
     <TD WIDTH=51% ALIGN=LEFT>Full Name of Registrant</TD>

<TD WIDTH=49% ALIGN=LEFT>Cape Coastal Trading Corporation</TD></TR>
<tr><td><BR><BR></td></tr>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT>Former Name if Applicable</TD></TR>
<tr><td><BR><BR></td></tr><TR VALIGN=Bottom><TD ALIGN=LEFT>Address of Principal Executive</Td></Tr>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT>&nbsp;Offices <i>(Street and Number</i>)</TD>
     <TD ALIGN=LEFT>301 West 53rd, 6C</TD></TR>
<tr><td><BR><BR></td></tr>
<TR VALIGN=Bottom><TD ALIGN=LEFT>City, State and Zip Code</Td>
     <TD ALIGN=LEFT>New York, New York 10019</TD></TR>
</TABLE>


<P align=center>
<HR align=left width="100%" noShade SIZE=1>


<P align=center>PART II <BR>RULE 12b-25(b) AND (c)
<P align=center>
<HR align=left width="100%" noShade SIZE=1>


<P dir=ltr style="MARGIN-RIGHT: 0px" align=left>If the subject report could not be filed without unreasonable effort or expense and the registrant seeks
 relief pursuant to Rule12b-25 (b), the following should be completed. (Check appropriate box)</P>


<TABLE CELLPADDING="4" CELLSPACING="4" WIDTH="760">

<TR VALIGN="TOP">
     <TD><FONT face="Times New Roman, Times, Serif" size=2>/X/</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>(a)</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>The reasons  described in  reasonable  detail in Part III of this form could not be eliminated  without  unreasonable
effort or expense;</font></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT face="Times New Roman, Times, Serif" size=2>/X/</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>(b)</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>The subject annual report,  semi-annual report,  transition report on Form 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or
                  portion  thereof will be filed on or before the 15th calendar day following the  prescribed  due date; or the subject
                  quarterly report or transition  report on Form 10-Q,  10-QSB, or portion thereof will be filed on or before the fifth
                  calendar day following the prescribed due date; and </font></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT face="Times New Roman, Times, Serif" size=2>/&nbsp;&nbsp;/</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>(c)</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
</font></TD></TR>
</TABLE>

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<P></P>


<P>
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<P></P>

<P align=center><FONT face="Times New Roman, Times, Serif" size=2>PART III</FONT></P>

<P align=center><FONT size=2>NARRATIVE </FONT></P>

<P align=center>
<HR align=left width="100%" noShade SIZE=1>


<P></P>

<P align=left><FONT size=3>&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State
 below in reasonable detail the reasons why Forms 10-K, 10-KSB, 11-K. 20-F, 10-Q, 10-QSB, N-SAR, or the
 transition report or portion thereof could not be filed within the prescribed time period. (Attach extra
 sheets if needed.) </FONT></P>

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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD width="10%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp; </FONT></TD>
<TD width="90%"><FONT face="Times New Roman, Times, Serif" size=2>The registrant has been unable to complete its financial statement information for the fiscal year ended December 31, 2003, as the Company&#146;s auditor has not had sufficient time to conduct its audit. As a result, the registrant is delayed in filing its Form 10-KSB for the fiscal year ended December 31, 2003. </FONT></TD></TR>
</TABLE>



<P>&nbsp;</P>

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<P align=center><FONT face="Times New Roman, Times, Serif" size=2>PART IV </FONT></P>

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<A name=A010></A>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2>OTHER INFORMATION </FONT></P>

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<P align=center></P>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp; Name and telephone number
 of person to contact in regard to this notification </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 ALIGN=Center WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=33% ALIGN=LEFT>Kwajo Sarfoh</TD>
     <TD WIDTH=33% ALIGN=center>646&nbsp;</TD>
     <TD WIDTH=33% ALIGN=center>215-3583</TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT>(Name)</TD>
     <TD ALIGN=center>(Area Code)</TD>
     <TD ALIGN=center>(Telephone Number)</TD></TR>
</TABLE>
<p><BR><BR><BR></P>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="3%"><FONT face="Times New Roman, Times, Serif" size=2>(2) </FONT></TD>
<TD align=left width="3%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp; </FONT></TD>
<TD width="94%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=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). </FONT></P>
</TD></TR>
</TABLE>


<P align=right><FONT face="Times New Roman, Times, Serif" size=2>[X] Yes [&nbsp;&nbsp; ] No </FONT></P>

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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="3%"><FONT face="Times New Roman, Times, Serif" size=2>(3) </FONT></TD>
<TD align=left width="3%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp; </FONT></TD>
<TD width="94%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>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? </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<A name=A012></A>
<P align=right><FONT face="Times New Roman, Times, Serif" size=2>[&nbsp;&nbsp; ] Yes [X] No </FONT></P>

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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD width="10%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp; </FONT></TD>
<TD width="90%"><FONT face="Times New Roman, Times, Serif" size=2>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. </FONT></TD></TR>
</TABLE>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><u>Cape Coastal Trading Corporation</u><BR>
(Name of Registrant as specified in charter)</font><BR></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Has
 caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. </FONT>
</P>
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<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><BR>
<BR>/S/ Kwajo M. Sarfoh<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Kwajo M. Sarfoh, President<br><br>Date:  March, 24, 2004</FONT></TD>
</TR>
</TABLE>
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<P><BR><BR><BR><BR><BR><BR><BR><BR><FONT face="Times New Roman, Times, Serif" size=2>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&#146;s authority to sign on behalf of the registrant shall be filed with the form.
 </FONT></P>

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<A name=A013></A>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2>ATTENTION </FONT></P>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intentional
 misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). </FONT>
</P>

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<A name=A014></A>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2>GENERAL INSTRUCTIONS </FONT></P>


<TABLE BORDER="0" CELLPADDING="2" CELLSPACING="2">

<TR VALIGN="BOTTOM">
     <TD width=8%><FONT face="Times New Roman, Times, Serif" size=2>1.</font></TD>
     <TD width=92%><FONT face="Times New Roman, Times, Serif" size=2>This form is required by Rule 12b-25 of the General Rules and Regulations under the Securities Exchange Act of 1934.</font></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="8%"><FONT face="Times New Roman, Times, Serif" size=2>2.</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>One signed  original and four  conformed  copies of this form and  amendments  thereto  must be  completed  and filed with the
         Securities and Exchange Commission,  Washington,  D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations
         under  the Act.  The  information  contained  in or filed  with the Form  will be made a matter  of the  public  record in the
         Commission files.</font> </TD></TR>
<TR VALIGN="top">
     <TD><FONT face="Times New Roman, Times, Serif" size=2>3.</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>A manually signed copy of the form and amendments thereto shall be filed with each national  securities  exchange on which any
         class of securities of the registrant is registered.</font></TD></TR>
<TR VALIGN="top">
     <TD><FONT face="Times New Roman, Times, Serif" size=2>4.</font></TD>
     <TD><FONT face="Times New Roman, Times, Serif" size=2>Amendments to the  notification  must also be filed on Form 12b-25 but need not restate  information  that has been  correctly
         furnished.  The form shall be clearly identified as an amended notification.</font></TD></TR>
</TABLE>


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