UNITED STATES 
                           SECURITIES AND EXCHANGE COMMISSION    
                                 Washington, D.C. 20549          
                                                                 
                                       FORM 12b-25               
                                                                 
                               NOTIFICATION OF LATE FILING       
                                                                 
                                                                 
     (Check One):  [X] Form 10-K  [_] Form 20-F  [_] Form 11-K   
                          [ ] Form 10-Q  [_] Form N-SAR          
                                                                 
          For Period Ended:       June 30, 1998             
                           ------------------------------------  
          [_]  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 the Transition Period Ended:
                           ----------------------------------------
     
     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
     
     Advanced Oxygen Technologies, Inc.
     - ---------------------------------------------------------------
     Former Name if Applicable
     
     
     - ---------------------------------------------------------------
     Address of Principal Executive Office (Street and Number)
     
     c/o Crossfield, Inc.
     230 Park Avenue, Ste. 1000
     - ---------------------------------------------------------------
     City, State and Zip Code
     
     New York, NY 10169
     - --------------------------------------------------------------
     
     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)
     
            (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 20-F, 11-K, Form 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 the Form 10-K,
     11-K, 10-Q, N-SAR, or the transition report or portion thereof,
     could not be filed within the prescribed time period.  
     
          In March of 1998 Advanced Oxygen Technologies, Inc. purchased
     certain assets of Integrated Marketing Agency, Inc. (as annotated
     in SEC 8-K Filing of March 12, 1998.) The Company began new
     operations March 9, 1998. The Company had been dormant for the
     previous two years.  The Company's fiscal year ended June 30,
     1998, making it an unreasonable burden and expense to prepare its
     Annual Report on Form 10-KSB by September 28, 1998 deadline. The
     Company intends to file its Annual Report on Form 10-KSB by no
     later than October 13, 1998.
     
     
     
      
     PART IV--OTHER INFORMATION
     
     (1)  Name and telephone number of person to contact in regard to
     this notification
     
         Robert E. Wolfe         (212)          808-3061
          ------------------  ----------- -------------
          (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 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?      
          [X] Yes  [_] 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.
     
          During the year ended June 30, 1998, the Company
     significantly changed the nature of its business activities from a
     dormant company to an operating sales/production company. Due to
     this change the Company anticipates there will be a  significant
     change in results of operations from the year ended June 30, 1998.
     The Company expects a loss for the year ended June 30, 1998 of
     approximately $4,505.00 compared with a loss of $30,006.00 for the
     year ended June 30, 1997. The difference was primarily due to the
     fact that the Company was dormant for a majority of the year and
     began new operations in March of 1998.
     
     -----------------------------------------------------------------
     
                     Advanced Oxygen Technologies, Inc.
          -------------------------------------------------------
                (Name of Registrant as Specified in Charter)
     
     has caused this notification to be signed on its behalf by the
     undersigned hereunto duly authorized.
     
     
     Date  September 29, 1998                 By  /s/ Robert E. Wolfe
         -------------------    --------------------------------------
                                                                  
                                               Robert E. Wolfe, 
                                      Chairman of the Board, and
                                        Chief Executive Officer