U.S. SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                                                     SEC File Number: 1-8662
                                                     CUSIP Number:26883W 20 5

                                   Form 12b-25

                           NOTIFICATION OF LATE FILING

                                   (Check One)

[  ] Form 10-KSB      [ ] Form 11-K        [x] Form 10-Q       [ ] Form N-SAR

                      For Period Ended: March 31, 2003
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  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:
                  N/A
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Part I - Registrant Information
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         Full Name of Registrant: eResource Capital Group

         Former name if applicable:
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         Address of Principal Executive Office (Street and Number):

         6836 Morrison Blvd., Suite 200
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         City, State and Zip Code:

         Charlotte, NC, 28211
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Part II - Rules 12b-25 (b) and (c)
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         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 or semi-annual report,
                           transition report on Form 10-K, Form 20-F, 11-K, or
                           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 10Q, 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.







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Part III - Narrative
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         State below in reasonable detail the reasons why the Form 10-K, 11-K,
20-F, 10-Q, or N-SAR or the transition report or portion thereof could not be
filed within the prescribed time period. (Attach Extra Sheets if Needed.)

The Company is awaiting information from third parties and is unable to complete
preparation of an accurate Form 10-QSB without additional time.

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Part IV - Other Information
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         (1)      Name and telephone number of person to contact in regard to
                  this notification:

                  Micheal Pruitt               704              366-5054
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                      (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.

                  eResource Capital Group
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                  (Name of Registrant as specified in charter)

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

                                       eResource Capital Group



Date: May 15,2003                 BY: /s/ Micheal Pruitt
                                      --------------------
                                      Micheal Pruitt
                                      Chief Executive Officer and President