UNITED STATES                       OMB APPROVAL
      SECURITIES AND EXCHANGE COMMISSION       OMB NUMBER: 3235-0058
                                               Expires: May 31, 1997
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                FORM 12B-25
                                                  SEC FILE NUMBER
         NOTIFICATION OF LATE FILING
                                                    CUSIP NUMBER


(Check one): [X] Form 10-K/10-KSB   [ ] Form 11-K   [ ] Form 20-F
             [ ] Form 10-QSB        [ ] Form N-SAR

For Period Ended: December 31, 2001

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Read Instructions (on back page) 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.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION

                              LEADVILLE CORPORATION
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                             Full Name of Registrant


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                            Former Name if Applicable

                           7002 Graham Road, Suite 106
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           Address of Principal Executive Officer (Street and Number)

                           Indianapolis, Indiana 46038
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                            City, State and Zip Code


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, the following should be
completed. (Check box if appropriate)

               (a)  The reasons described in reasonable detail in Part III of
----X-----          this form could not be eliminated without unreasonable
                    effort or expense;

               (b)  The subject annual report or semi-annual report/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

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


                                       (1)



PART III - NARRATIVE

State below in reasonable detail the reasons why the Form 10-K/10-KSB, 11-K,
20-F, 10-Q or N-SAR or portion thereof, could not be filed within the prescribed
time period.

The year-end audit by outside auditors has not yet been completed. The Company
intends to complete the audit and file its Form 10-KSB as soon as practicable.
The Form 10-KSB cannot be completed by the required filing date without
unreasonable cost and effort.


PART IV -- OTHER INFORMATION

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

         JOHN H. GASPER                  317               596-0735
         --------------                  ---               --------
             (Name)                  (Area Code)      (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 preceding 12 months (or for such shorter) period that
     the registrant was required to file such reports) been filed? If answer is
     no, identify report(s).
                                                          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?
                                                          Yes      No X
                                                             ---     ---

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.

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                              LEADVILLE CORPORATION
                   ------------------------------------------
                  (Name of Registrant as Specified in Charter)

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

Date: March 30, 2002                          By: /s/ John H. Gasper
     ----------------                         -------------------------------
                                              President

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's authority to sign on behalf of the registrant shall be filed
with the form.

                                       (2)




                                    ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (see 18 U.S.C. 1001)


GENERAL INSTRUCTIONS

1.   This Form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
     Rules and Regulations under the Securities Exchange Act of 1934.

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, DC 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 public record in the
     Commissions files.

3.   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.

4.   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 amendment notification.

                                       (3)