<SUBMISSION>
<ACCESSION-NUMBER>0001269364-04-000024
<TYPE>NT 10-Q
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20040731
<FILING-DATE>20040816
<EFFECTIVENESS-DATE>20040816
<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-Q
<ACT>34
<FILE-NUMBER>333-105393
<FILM-NUMBER>04975632
</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-Q
<SEQUENCE>1
<FILENAME>capent10q8-04.htm
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<BODY><P align=center><FONT face="Times New Roman, Times, Serif" size=3>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>[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form
 20-F [X] 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>July 31, 2004</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 cellSpacing=0 cellPadding=0 width=600 border=0>
<TR vAlign=bottom>
<TD align=left width="51%">Full Name of Registrant</TD>
<TD align=left width="49%">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>
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<P align=center>PART II <BR>RULE 12b-25(b) AND (c)
<P align=center>
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<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 Rule 12b-25 (b), the following should be completed. (Check appropriate box)</P>

<TABLE cellSpacing=4 cellPadding=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>


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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>

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<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 quarter ended&nbsp;July 31, 2004, 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-QSB for the fiscal quarter ended&nbsp;July 31, 2004. </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 cellSpacing=0 cellPadding=0 width="100%" align=center border=0>
<TR vAlign=bottom>
<TD align=left width="33%">Jason Karavias</TD>
<TD align=center width="33%">718&nbsp;</TD>
<TD align=center width="33%">729-5959</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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<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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<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></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: August 13, 2004</FONT></TD></TR>
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