UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


         FOR THE PERIOD ENDED: December 31, 2000

         COMMISSION FILE NUMBER: 000-30230

                       INTERACTIVE MULTIMEDIA NETWORK, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          DELAWARE                                            65-0488983
-------------------------------                            --------------
(State or other jurisdiction of                           (IRS Employer
incorporation or organization)                             Identification No.)

                 3163 KENNEDY BOULEVARD, JERSEY CITY, NEW JERSEY 07306
          ------------------------------------------------------------
          (Address, including zip code, of principal executive offices)

                                 (201) 217-4137
               ---------------------------------------------------
              (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant  (1) has filed all  documents and
reports required to be filed by Sections 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filings for the past 90 days.

YES  X     NO

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

As of December 31, 2000 the number of the Company's shares of par value $.001
common stock outstanding was 6,615,464.






<PAGE>
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                DECEMBER 31, 2000

                                      INDEX


Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements

Balance Sheet.........................................................3

Statements of Operation...............................................4

Statements of Stockholders' Equity (Deficit)..........................5

Statements of Cash Flow...............................................6

Notes to Financial Statements.........................................7


Item 2 - Management's Discussion and Analysis of Financial
         Condition and Results of Operations..........................9

PART II - OTHER INFORMATION..........................................13

SIGNATURES...........................................................14


































<PAGE>
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                DECEMBER 31, 2000

Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements


INTERACTIVE MULTIMEDIA NETWORKS, INC.
CONSOLIDATED BALANCE SHEET
DECEMBER 31, 2000
(Unaudited)


                                     ASSETS

Current  Assets
Cash and cash equivalents                              $      92,745
Accounts Receivable - net                                        -
Inventory                                                    125,321
Other Current Assets                                          22,400
                                                       --------------
     Total current assets                                    240,466
Property and equipment, net                                   86,288
Other assets                                                  15,508
                                                       --------------
     TOTAL ASSETS                                            342,261
                                                       ==============

                       LIABILITIES AND SHAREHOLDER'S EQUITY

Current  Liabilities
Accounts payable                                             152,972
Other current liabilities                                    107,978
                                                       --------------
     Total current liabilities                               260,950
Other Liabilities (principally related parties)              206,159
Shareholder's  Equity
  Preferred Stock, $.001 par value; authorized 5,000,000
    shares: issued and outstanding none in 2000                  -
  Common Stock, $.001 par value; authorized
    25,000,000 shares; issued and outstanding
    6,615,464  in  2000                                        6,615
Paid in Capital                                            1,934,026
Subscription Receivable                                          -
Common Stock options; 2,000,000 issued and outstanding       330,000
Deficit accumulated during the development stage          (2,395,489)
                                                       --------------
Total Shareholder's Equity/(Deficit)                        (124,848)
                                                       --------------
     TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY        $     342,261
                                                       ==============






Read the accompanying significant accounting notes to financial statements,
which are an integral part of this statement.

<PAGE>
INTERACTIVE MULTIMEDIA NETWORKS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS AND NINE MONTHS ENDED DECEMBER 31, 2000
(Unaudited)

                               Three months ended            Nine months ended
                          --------------------------  --------------------------
                             Dec. 31       Dec. 31       Dec. 31      Dec. 31
                              2000           1999          2000         1999
                           (Unaudited)   (Unaudited)   (Unaudited)  (Unaudited)
                          ------------  ------------  ------------  ------------

Revenue                   $   669,655   $   613,367   $ 1,267,277   $   921,605

Cost of Revenue               432,558       522,750       842,524       656,715
                          ------------  ------------  ------------  ------------
Gross Profit                  237,097        90,617       424,752       264,890

Operating  expenses:
  Marketing                  21,057          48,489        47,991       186,561
  Consulting services           -            65,000           -          95,000
  Rent                       23,415          24,000        79,335        36,000
  Payroll and related
    benefits                 15,699           9,000        65,617        27,440
  Selling, general and
    administrative expenses 108,434         138,366       249,988       443,138
                          ------------  ------------  ------------  ------------
Total operating expenses    168,605         284,855       442,932       788,139

Loss before other
  income (expense)           68,492        (194,238)      (18,179)     (523,249)

Other income (expense):
  Interest                      -               -             -             392
  Interest expense          (11,518)         (5,135)      (12,134)       (5,135)
  Loss on investment in
    Temporary Business
    Acquisition                 -          (121,788)          -        (121,788)
                          ------------  ------------  ------------  ------------
Total other income
 (expense)                  (11,518)       (126,923)      (12,134)     (126,531)

Net Loss                     56,974        (321,161)      (30,313)     (649,780)
                          ============  ============  ============  ============

Basic weighted average
  common shares
  outstanding               6,615,464     6,582,964     6,615,464     6,527,964
                          ============  ============  ============  ============
Basic Loss per
  common share            $     0.009   $    (0.049)  $    (0.005)  $    (0.100)
                          ============  ============  ============  ============







Read the accompanying significant accounting notes to financial statements,
which are an integral part of this statement.

<PAGE>
INTERACTIVE MULTIMEDIA NETWORKS, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE THREE MONTHS AND NINE MONTHS ENDED DECEMBER 31, 2000
(Unaudited)
                                                   Nine months ended
                                        ----------------------------------------
                                         December 31, 2000    December 31, 1999
                                            (Unaudited)          (Unaudited)
                                         ------------------   ------------------
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)                        $         (30,313)  $         (649,780)
Adjustments to reconcile net income
  (loss) to net cash used in
  operating  activities:
Depreciation and amortization                       31,046               16,967
Issuance of stock for services                         -                 65,000
Accrued interest - Shareholders loan                11,340                  -
Loss on investment in
  Temporary Business Acquisition                       -                121,788
Office rent applied to paid in capital                 900                  -
Changes in Operating assets and liabilities:
  Accounts Receivable                                 6,350               48,924
  Inventory                                        (59,851)             (63,293)
  Other Current Assets                               6,000                  -
  Other Assets                                         454               18,000
  Accounts Payable and
    Accrued Liabilities                            115,461              117,373
                                         ------------------   ------------------
Net cash provided by/(used in)
  operating activities                              81,387             (325,021)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of Property and equipment                  (4,600)             (53,005)
Loss on write-off of related
  party - Ansam, Inc.                                  -               (332,400)
Loss on investment in Temporary
  Business Acquisition                                 -               (133,272)
                                         ------------------   ------------------
Net cash provided by/(used in)
  investing activities                              (4,600)            (518,677)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds  from:
Notes payable, principally
  related parties                                      -                 (7,000)
Share  subscriptions  collected
Loans from Shareholders                              5,000              127,373
Issuance of stock                                      -                681,560
                                         ------------------   ------------------
Net cash provided by/(used in)
  financing activities                               5,000              801,933
                                         ------------------   ------------------
Net increase (decrease) in cash and
  cash equivalents                                  81,787              (41,765)
Cash and cash equivalents,
  beginning of period                               10,958               96,802
                                         ------------------   ------------------
Cash and cash equivalents,
  end of period                          $          92,745    $          55,037
                                         ==================   ==================

Read the accompanying significant accounting notes to financial statements,
which are an integral part of this statement.

<PAGE>
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS  (UNAUDITED)
DECEMBER  31,  2000

NOTE  1  - BASIS  OF  PRESENTATION

     The accompanying unaudited consolidated financial statements of Interactive
Multimedia  Network,  Inc.  have  been  prepared  in  accordance  with generally
accepted  accounting  principles  for interim financial information and with the
instructions  to  Form  10-QSB  and Article 10 of Regulation S-X.  The financial
statements  reflect  all  adjustments consisting of normal recurring adjustments
which,  in  the  opinion of management, are necessary for a fair presentation of
the  results for the periods shown.  Accordingly, they do not include all of the
information  and  footnotes required by generally accepted accounting principles
for  complete  financial  statements.

     These  financial  statements should be read in conjunction with the audited
financial  statements  and  footnotes thereto included in Interactive Multimedia
Network  Inc.'s Registration Statement on Form 10SB as filed with the Securities
and  Exchange  Commission.

     The  preparation  of  financial  statements  in  conformity  with generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that  affect  the  reported  amounts  of assets and liabilities and
disclosure  of  contingent  assets  and liabilities at the date of the financial
statements  and that effect the reported amounts of revenues and expenses during
the  reporting  period.  Actual  results  could  differ  from  those  estimates.

NOTE  2  -  REVENUE  RECOGNITION

     Revenues  are  principally  from  services  and  commissions from providing
marketing  plans,  services related to the internet marketing arena and sales or
commissions  from  the sale or lease of vehicles from dealers who have agreed to
provide these vehicles to the company and its customer.  Revenues from marketing
and  internet  related  activity are recognized when the services are completed.
Revenues  from  the sale or lease of vehicles are recognized when the vehicle is
delivered  to  the  customer.

     In  December  1999,  the  Securities and Exchange Commission ("SEC") issued
Staff  Accounting  Bulletin  No.  101  ("SAB 101"), "Revenue Recognition," which
provides  guidance on the recognition, presentation and disclosure of revenue in
financial  statements  filed  with the SEC.  SAB 101 outlines the basic criteria
that  must  be  met  to  recognize  revenue and provide guidance for disclosures
related  to  revenue recognition policies.  Management believes that Interactive
Multimedia  Network, Inc.'s revenue recognition practices are in conformity with
the  guidelines  of  SAB  101.

NOTE  3  -  NET  EARNINGS/(LOSS)  PER  SHARE

     Earnings  (Loss)  per  common  share are calculated under the provisions of
SFAS  No.  128,  "Earnings per Share," which establishes standards for computing
and  presenting earnings per share.  SFAS No. 128 requires the Company to report
both  basic  earnings  (loss)  per share, which is based on the weighted-average
number  of  common  shares  outstanding  during the period, and diluted earnings
(loss) per share, which is based on the weighted-average number of common shares
outstanding  plus all potential dilutive common shares outstanding.  Options and
warrants  are  not  considered  in calculating diluted earnings (loss) per share
since  considering  such  items  would  have  an  anti-dilutive  effect.




<PAGE>
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS  (UNAUDITED)
DECEMBER  31,  2000

NOTE  4  -  GOING  CONCERN

     The  accompanying  financial  statements  have  been  prepared assuming the
Company  will continue as a going concern.  The company reported a net profit of
$56,974  (unaudited) for the three months ended December 31, 2000 and a net loss
of $30,313 (unaudited) for the nine months ended December 31, 2000.   Additional
capital and/or borrowings will be necessary in order for the Company to continue
in  existence  until  attaining and sustaining profitable operations. Management
anticipates  that  an  additional  investment of several million dollars will be
needed  to  develop  an  effective   sales  and  marketing  program  before  the
organization  will generate sufficient cash flow from operations to meet current
operating  expenses  and   overhead.  Management  has  continued  to  develop  a
strategic  plan  to develop a management team, maintain reporting compliance and
seek  new  expansive  areas  in  marketing  through   multiple  media  channels.
Management  intends to seek new capital from new equity security issuance's that
will provide funds needed to increase liquidity, fund internal growth, and fully
implement  its  business  plan.









































<PAGE>
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                DECEMBER 31, 2000

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
        AND RESULTS OF OPERATIONS.

General

The  discussion  and analysis set forth below should be read in conjunction with
our  Financial  Statements  and the related Notes thereto appearing elsewhere in
this  quarterly report.  The information presented  for  the nine  months  ended
December 31,  1999 and 2000  was derived  from  unaudited  financial  statements
which,  in our  opinion, reflect  all  adjustments  (consisting  only of  normal
recurring adjustments) necessary for a fair presentation.

Forward  Looking-Statements.  When  used  in  this  report,  press  releases and
elsewhere  by  the  management  of  the  Company  from  time  to time, the words
"believes", "anticipates", and "expects" and similar expressions are intended to
identify   forward-looking   statements   that   involve   certain   risks   and
uncertainties. Additionally, certain statements contained in this discussion may
be  deemed  forward-looking  statements  that  involve  a  number  of  risks and
uncertainties.  Among  the  factors  that  could  cause actual results to differ
materially  are  the  following:  the ability of the Company to meet its working
capital  and  liquidity  needs, the status of relations between the Company, its
primary  customers  and  distributors,  the  availability  of  long-term credit,
unanticipated   changes  in  the  U.S.  and  international  economies,  business
conditions and the timely development and acceptance of new products, the impact
of  competitive products and pricing, and other risks detailed from time to time
in  the Company's SEC reports. Readers are cautioned not to place undue reliance
on  these forward-looking statements which speak only as of the date hereof. The
Company  undertakes  no obligation to publicly release the results of any events
or  circumstances  after  the  date  hereof  or  to  reflect  the  occurrence of
unanticipated  events.

Results  of  Operations

Three  Months  Ended  December  31,  2000  and  1999

For  the  three  months ended December 31, 2000, the Company's principal source
of  revenue  consisted  of  revenue derived  from  vehicle  sales  made  by its
subsidiary,  AutoSmart.  Cost of Revenue decreased from $ 522,750 for the three
months  ended  December 31,  1999  to  $432,558  for  the  same period  in 2000
primarily due to difference in the types of vehicles being sold by AutoSmartUSA
which  includes  the cost of  Company  owned  vehicles  sold and sales  related
commissions.

Operating  expenses  for the three months ended December 31, 2000  decreased by
$116,250 from the same period in 1999, going from $284,855 for the three months
ended December 31, 1999 to  $168,605 for the same period in 2000. This decrease
stems from an elimination of consulting  expenses,  and a decrease in  S, G & A
expenses of approximately 22%. However certain line items increased  because of
the business activities  of AutoSmart USA such as: payroll 74.4%.









<PAGE>
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                DECEMBER 31, 2000

The Company,  and its  subsidiaries, had a net profit/(loss)  of $56,974 for the
three months  ended  December  31,  2000  and  $(321,161) for the same period of
1999. The loss for the period in 1999 was partially  attributable to the loss on
the temporary business acquisition of CPM.

Nine  Months  Ended  December  30,  2000  and  1999

For  the  nine months ended December 31, 2000, the Company's principal source of
revenue  consisted of revenue derived from vehicle sales made by its subsidiary,
AutoSmart USA, which were $1,201,532 for the period.  The Company  also recorded
sales of marketing services  of $65,745 during the same period.  This brings the
total revenue for the Company for the period to $1,267,277, compared to the same
period  in  1999  when combined  revenues  for the  Company  were $921,605,  the
majority of  which  derived  from AutoSmartUSA.

Cost  of  Revenue increased from $656,715 for the nine months ended December 31,
1999  to  $842,524  for the same period in 2000 primarily due to the increase in
cost  of  revenue associated with vehicle sales for AutoSmart USA which includes
the  cost  of  Company  owned  vehicles sold and sales related commissions.

Operating  expenses  for  the  nine months ended December 31, 2000  consisted of
general  expenses  of  $442,932  for  the Company as a whole versus $788,139 for
the  same  period  ended  December  30,  1999.  This  decrease stems  from lower
marketing  expenditures  of  approximately  74% and an elimination of consulting
expenses.  However  certain  line   items  increased  because  of  the  business
activities of AutoSmart USA such as: rent 120% and payroll 139%.

The  Company,  and its  subsidiaries,  had  a net loss of $(30,313) for the nine
months  ended December 31, 2000 and $(649,780) for the same period of 1999.  The
loss  for the December 1999 period was partially  attributable $(465,672) to the
Company's loss on its temporary business acquisition CPM.

Liquidity  and  Capital  Resources

The  Company's  cash  position  increased from $10,958 as of  March 31, 1999 to
$92,745  on  December 31,  2000.

The Operating Activities of the Company provided $81,387  during the nine months
ended December 31, 2000  versus the operating  activities  using $325,021 during
the same period in 1999.  This  difference was  predominately caused by the loss
on the Temporary Business Acquisition and the Net Loss for the 1999 period.

The Company  used $4,600 in  investing activities during the  nine months  ended
December 31, 2000  versus the use of $518,677  during  the same  period in 1999,
which  included   the  loss   of  $464,672   due   to  the   Temporary  Business
Acquisition.

The Company  generated cash  from  Financing  Activities  during the nine  month
period ended December 2000 of $5,000 from a loan from a shareholder.  During the
same  period  in   1999  the  Company   generated  $801,933  through loans  from
shareholders and the issuance of stock.







<PAGE>
                           INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                DECEMBER 31, 2000

The  Company  believes that its own present operations  require that the Company
obtain  additional  capital  during  the  next  twelve  months.  The  Company is
exploring various options including, revolving bank  credit lines, equity and or
debt  financing  through  private  placements.  The  Company is  also conducting
preliminary  discussions  with various  venture  capital groups.  The Company is
seeking an immediate capital infusion of between three and five million dollars,
the terms of such infusion have not been determined.  No assurance  can be given
that  the Company will be successful in any of its financing plans.  The Company
believes  that  its  operations  will  generate  sufficient cash to maintain its
present  operations  until  appropriate  financing can  be obtained.  However if
financing  is  not  obtained  within  six months the Company will be required to
curtail  certain of  its operations in an effort to conserve funds.  The Company
believes  that  it  can  continue  to  generate  sufficient   revenues  for  the
foreseeable  future  to maintain operations at a reduced level. It is unknown at
this  time  whether  the  Company  will  be  successful  in  raising  capital on
reasonable  terms.

Additionally, the Company is seeking funding to increase its working capital for
the  AutoSmartUSA  division,  the  majority  of   which  will  be  utilized  for
advertising and floor-plan financing. Floor plan financing is a specific-type of
financing that is utilized by car dealers to purchase vehicle inventory.

PART II

OTHER INFORMATION

Item 1.  Legal Proceedings.

NONE

Item 2.  Changes in Securities.

NONE

3.       Defaults Upon Senior Securities.

None.

Item 4.  Submission of Matters to a Vote of Security-Holders.

None

Item 5.  Other Information.

NONE

Item 6.  Exhibits and Reports on Form 8-K.

(a)      Exhibits:

(b)      Reports on Form 8-K

The Company filed an 8-K on August 28, 2000, announcing a change of
auditors.




<PAGE>
                           INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                DECEMBER 31, 2000


                                    SIGNATURES

In accordance with the  requirements of the  Security Exchange  Act of 1934, the
Registrant has caused this report to be signed on its behalf by the undersigned,
duly authorized.

INTERACTIVE MULTIMEDIA NETWORK, INC.

Date: April 3, 2001

                                        By: /s/ Richard J. Verdiramo
                                       ------------------------------------
                                            Richard J. Verdiramo, President