[X] Form 10-K  [ ] Form 20-F  [ ] Form 11-K  [ ] Form 10-Q
[ ] Form N-SAR [ ] Form N-CSR

For Period Ended:                    June 30, 2003

[ ] Transition Report on Form 10-K   [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F   [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition 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:
                       PART I. REGISTRANT INFORMATION

Full Name of Registrant:             World Transport Authority, Inc.

Former Name if applicable:           Composite Automobile Research, Ltd.

Address of principle
executive office:                    140 West Park Avenue, Suite 219
                                     El Cajon, California 92020

                      PART II. RULE 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, Form 11-K, Form N-SAR or Form N-CSR, 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 why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR,
N-CSR, or the transition report or portion thereof, could not be filed within
the prescribed time period.

                           PART IV. OTHER INFORMATION
1) Name and telephone number of person to contact in regard to this
                        Lyle Wardrop (619) 593-2440
(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
                              [ ] 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.

World Transport Authority, Inc. has caused this notification to be signed on
its behalf by the undersigned thereunto duly authorized.

Date 9/28/03                      By: /s/ LYLE WARDROP
                                       Lyle Wardrop