SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C. 20549

                                   OSK CAPITAL III CORP.

                                        FORM 12b-25
                                NOTIFICATION OF LATE FILING

                              Commission File Number: 0-31457

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

                              For Period Ended: March 31, 2005

                     [ ] Transition Report on Form 10-K and Form 10-KSB

                             [ ] Transition Report on Form 20-F

                             [ ] Transition Report on Form 11-K

                     [ ] Transition Report on Form 10-Q and Form 10-QSB

                            [ ] Transition Report on Form N-SAR

                                For 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 relates to a portion of the filing checked above,
            identify the item(s) to which the notification relates:

                                           PART I
                                   REGISTRANT INFORMATION

       Full Name of Registrant:   OSK CAPITAL III CORP.

         Former Name if Applicable:  ____________________________________

       Address of Principal Executive Office (Street and Number): 1 Place 
       Ville-Marie, Suite 2821 

       City, State and Zip Code: Montreal, Quebec, Canada H3B 4R4

                                          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, 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

             (c) The accountants 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-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 period. (Attach extra sheets if needed.)

      Registrant has been unable to complete its Form 10-QSB for the quarter
ended March 31, 2005, within the prescribed time because of delays in completing
the preparation of its financial statements and its management discussion and
analysis. Such delays are primarily due to Registrant's management's dedication
of such management's time to business matters and in pending transactions. This
has taken a significant amount of management's time away from the preparation of
the Form 10-QSB and delayed the preparation of the unaudited financial
statements for the quarter ended March 31, 2005.

                                          PART IV
                                     OTHER INFORMATION

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

Joseph I. Emas                  (305)                531-1174
- -----------------------------------------------------------------------------
(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 report(s) been filed? If the answer is no,
identify report(s).

              [X] Yes  [ ] 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
narratively and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.

                  (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 16, 2005

                                             By:  /s/ Francis Mailhot
                                                   Francis Mailhot
                                                   OSK CAPITAL III CORP.