UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 12b-25

             [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q

For Period Ended: March 31, 2003 . . . . . .   SEC FILE NUMBER 33-2128-D
                                              CUSIP NUMBER 488159-10- 4
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ]
Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition
Report on Form N-SAR For Period Ended:


Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

 If the notification relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates: Entire Form 10-QSB

Part I - Registrant Information

         Full Name of Registrant                 Nexia Holdings, Inc.
                                                 --------------------

         Former Name if Applicable                        N/A
                                                          -----------

         Address of Principal Executive Office:
                  268 West 400 South, Suite 300
                  Salt Lake City, Utah 84101

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

[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 annual report, semi-annual report, transition
                  report on Form 10-K, Form 2-F, 11-F, or From N-SAR, or 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.

Part III - Narrative

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

The Company underwent a change of auditors during the first quarter. The change
in auditor has caused a delay in completing the year end financials for 2002.
Consequently, the financials for the quarter ended March 31, 2003, cannot be
completed until the year end financials are complete.. As a result, the
Company's Form 10-QSB for the quarter ending March 31, 2003 could not be
prepared for timely filing without unreasonable effort and expense.


Part IV - Other Information

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

                           Richard D. Surber                                    President                      (801)575-8073
                     -------------------------------------------------------------------------------------------------------
                           (Name)                                            (Title)                       (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 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).
                           Form 10KSB                                                                     ( ) 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 statements to be
                  included in the subject report or portion thereof?
                                                                                        ( ) Yes  ( X) No

                  If so, attach an explanation of the anticipated change, both
                  narrative and quantitatively, and, if appropriate, state the
                  reasons why a reasonable estimate of the results cannot be
                  made.


                                               Nexia Holdings, Inc.
--------------------------------------------------------------------------------------------------
                                   (Name of Registrant as specified in Charter)

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

Date: May 15, 2003                          By:
     -------------------------------           ------------------------------------------------------------
                             Name: Richard D. Surber
                                            Title:    President