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

                                   FORM 10QSB

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


         FOR THE PERIOD ENDED:  September 30, 2001

         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 September 30, 2000 the number of the Company's shares of  par value $.001
common stock outstanding was 8,315,964.


















<PAGE>  1
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                               September 30, 2001

                                      INDEX


Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements

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

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

Statements of Cash Flow...............................................5

Notes to Financial Statements.........................................6


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

PART II - OTHER INFORMATION..........................................11

SIGNATURES...........................................................11




































<PAGE>  2
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                               September 30, 2001

Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements

INTERACTIVE MULTIMEDIA NETWORK, INC.
CONSOLIDATED BALANCE SHEET
SEPTEMBER 30, 2001
(UNDAUDITED)

ASSETS
------

Current  Assets
     Cash  and  cash  equivalents                          $      20,039
     Receivables  -  related  party                                2,896
     Other  Current  Assets                                          -
                                                           --------------
       Total  current  assets                                     22,935

Property  and  equipment,  net                                    68,155
Other  assets                                                     18,923
                                                           --------------

       TOTAL  ASSETS                                       $     110,014
                                                           ==============

LIABILITIES  AND  SHAREHOLDER'S  EQUITY
----------------------------------------

Current  Liabilities
     Accounts  payable                                     $     170,670
     Other  current  liabilities                                 106,948
                                                           --------------
      Total  current  liabilities                                277,619

Other  Liabilities  (principally  related  parties)               66,514

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 8,315,964         8,316
     Paid  in  Capital                                         2,191,243
     Common  Stock options; 2,000,000 issued and outstanding     330,000
     Accumulated  deficit                                     (2,763,678)
                                                           --------------
       Total  Shareholder's  Equity/(Deficit)                   (234,119)
                                                           --------------
        TOTAL  LIABILITIES  AND  SHAREHOLDER'S EQUITY      $     110,014
                                                           ==============





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

<PAGE>  3
INTERACTIVE MULTIMEDIA NETWORK, INC
CONSOLIDATED STATEMENT OF OPERATIONS
FOR THE THREE AND SIX MONTHS ENDED SEPTEMBER 30, 2001
(Unaudited)


<table>
                                 Three months ended             Six months ended
                          ------------------------------  ------------------------------
                          Sept. 30, 2001  Sept. 30, 2000  Sept. 30, 2001  Sept. 30, 2000
                            (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)
                          --------------  --------------  --------------  --------------

                       <c>             <c>             <c>             <c>
Revenue                   $     416,504   $     265,744   $   1,283,933   $     597,622

Cost of Revenue                 394,030         198,123       1,120,281         409,966
                          --------------  --------------  --------------  --------------
Gross  Profit                    22,474          67,621         163,651         187,656

Operating  expenses:
  Marketing                       1,900          12,985           8,963          26,934
  Rent                           32,046          21,350          48,401          55,920
  Payroll and related
    Benefits                      2,273          21,765           8,503          49,918
  Selling, general and
  administrative expenses       112,236          49,469         207,599         141,554
                          --------------  --------------  --------------  --------------
Total operating expenses        148,455         105,570         273,465         274,326

Loss before other income
  (expense)                    (125,981)        (37,949)       (109,814)        (86,670)

Other income (expense):
  Interest  expense              (1,520)           (296)         (2,799)           (616)
  Recovery of investment in
    Temporary Business
    Acquisition                  16,000             -            16,000             -
                          --------------  --------------  --------------  --------------
Total other income
  (expense)                      14,480            (296)         13,201            (616)
                          --------------  --------------  --------------  --------------
Net  Loss                 $    (111,501)  $     (38,246)  $     (96,613)  $     (87,286)
                          ==============  ==============  ==============  ==============

Basic weighted average
  common shares
  outstanding                 8,315,964       6,615,464       8,315,964        6,504,726
                          ==============  ==============  ==============  ==============

Basic Loss per
  common  share           $      (0.013)  $      (0.006)  $      (0.012)  $      (0.013)
                          ==============  ==============  ==============  ==============
</table>






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

<PAGE>  4
INTERACTIVE MULTIMEDIA NETWORK, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2001
(Unaudited)







                                                     Six  months  ended
                                                ------------------------------
                                                Sept. 30, 2001  Sept. 30, 2000
                                                  (Unaudited)     (Unaudited)
                                                --------------  --------------
CASH  FLOWS  FROM  OPERATING  ACTIVITIES:

Net  Income  (Loss)                             $     (96,613)  $     (87,286)
Adjustments to reconcile net income (loss)
  to net cash used in operating activities:
     Depreciation  and  amortization                   23,939          25,160
     Accrued interest - Shareholders loan               2,558             -
     Office rent applied to paid in capital               600             600
Changes in Operating assets and liabilities:
     Inventory                                        148,571         (38,750)
     Other  Current  Assets                            (2,656)          6,000
     Other  Assets                                     (3,731)            299
     Accounts Payable and Accrued Liabilities         (52,747)         84,671
                                                --------------  --------------
Net cash provided by/(used in) operating
  Activities                                           19,922          (9,306)

CASH  FLOWS  FROM  INVESTING  ACTIVITIES:

Purchase  of  Property  and  equipment                    -            (4,600)
                                                --------------  --------------
Net cash provided by/(used in)
  investing  activities                                   -            (4,600)

CASH  FLOWS  FROM  FINANCING  ACTIVITIES:

Loans  from shareholders                                  -             5,000
                                                --------------  --------------
Net cash provided by/(used in) financing
  Activities                                              -             5,000
                                                --------------  --------------
Net increase (decrease) in cash and
  cash  equivalents                                    19,922          (8,906)
Cash and cash equivalents, beginning
  of  period                                              118          10,958
                                                --------------  --------------
Cash and cash equivalents, end of period        $      20,039   $       2,051
                                                ==============  ==============





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

<PAGE>  5
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(UNAUDITED)
SEPTEMBER  30,  2001

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>  6
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(UNAUDITED)
SEPTEMBER  30,  2001

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 loss of
$96,613  (unaudited)  for  the  six months ended September 30, 2001.  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.

NOTE  5  -  BUSINESS  SEGMENT  INFORMATION

    The  Company's  segment  information  has  been  prepared in accordance with
Financial  Accounting  Standards  Board (FASB) Statement of Financial Accounting
Standards  (SFAS)  No.  131,  "Disclosures  about  Segments of an Enterprise and
Related  Information."  Segments  were determined based on products and services
provided  by  each segment.  Accounting policies of the segments are the same as
those  described in the summary of significant accounting policies.  Performance
of  the  segments is evaluated on operating income (loss) before taxes, interest
income  or  expense  and  other  income  or  (loss).  The Company has elected to
organize  it  businesses  based  principally  upon  products  and  services.

Interactive  Multimedia  Network,  Inc. has two reportable segments:  Marketing,
including  services  related  to  the  internet  marketing  arena  and  sales or
commissions  from  the  sale  or  lease  of  vehicles.

<table>
                               For three months ended September 30, 2001 (unaudited)
                               ----------------------------------------------------------
                               Marketing
                               and Internet
                               related        Vehicle        Corporate      Consolidated
                               Services       Sales/Lease    and Other      Total
                               -------------  -------------  -------------  -------------

                            <c>            <c>            <c>            <c>
Net sales to external customers $    25,000   $    391,504   $        -     $    416,504
Intersegment  revenues                  -              -              -              -
Segment operating profit (loss)      11,263       (138,279)        15,515        111,501
Segment  assets                 $    84,750   $     25,264   $        -     $    110,014
</table>










<PAGE>  7
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(UNAUDITED)
SEPTEMBER  30,  2001

NOTE  5  -  BUSINESS  SEGMENT  INFORMATION (CONTINUED)

<table>
                               For three months ended September 30, 2001 (unaudited)
                               ----------------------------------------------------------
                               Marketing
                               and Internet
                               related        Vehicle        Corporate      Consolidated
                               Services       Sales/Lease    and Other      Total
                               -------------  -------------  -------------  -------------

                            <c>            <c>            <c>            <c>
Net sales to external customers $     3,000   $    264,744   $        -     $    265,744
Intersegment  revenues                  -              -              -              -
Segment operating profit (loss)     (17,044)       (28,322)         7,416        (37,950)
Segment  assets                 $    82,066   $    160,792   $        -     $    242,859
</table>

<table>
                               For six months ended September 30, 2001 (unaudited)
                               ----------------------------------------------------------
                               Marketing
                               and Internet
                               related        Vehicle        Corporate      Consolidated
                               Services       Sales/Lease    and Other      Total
                               -------------  -------------  -------------  -------------

                            <c>            <c>            <c>            <c>
Net sales to external customers $    45,000   $  1,238,933   $        -     $  1,283,933
Intersegment  revenues                  -              -              -              -
Segment operating profit (loss)      26,763       (115,763)  $     (7,613)  $    (96,613)
Segment  assets                 $    84,750   $     25,264   $        -     $    110,014
</table>

<table>
                               For six months ended September 30, 2001 (unaudited)
                               ----------------------------------------------------------
                               Marketing
                               and Internet
                               related        Vehicle        Corporate      Consolidated
                               Services       Sales/Lease    and Other      Total
                               -------------  -------------  -------------  -------------

                            <c>            <c>            <c>            <c>
Net sales to external customers $    70,500   $    527,122   $        -     $    597,622
Intersegment  revenues                  -              -              -              -
Segment operating profit (loss)      19,214        (74,640)       (31,244)       (86,670)
Segment  assets                 $    82,066   $    160,792   $        -     $    242,859
</table>

     There  were  no  differences  from  the  last annual report in the basis of
segmentation  or  in  the  basis  of  measurement  of  segment profit or (loss).








<PAGE>  8
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                               September 30, 2001

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  and  six  months  ended  September  30,  2001  and  2000

During  the three month period ending September 30, 2001, the Company incurred a
loss  of  $111,501  compared  to  a  loss  of  $38,246 for the same period ended
September  30,  2000.  For  the  six month period ending September 30, 2001, the
Company  incurred  a  loss of $96,613 compared to a loss of $87,286 for the same
period ended September 30, 2000.  Gross profit for the three month period ending
September  30,  2001  decreased  by  approximately  $45,000 compared to the same
period  last  year.  Gross  profit for the six month period ending September 30,
2001  decreased  by approximately $24,000 compared to the same period last year.
Operating  expenses  for  the  three  month  period  ending  September  30, 2001
increased  by  approximately  $43,000  compared to the same period last year and
operating  expenses  for the six month period ending September 30, 2001 remained
the  same  compared  to  the  same  period  last  year.











<PAGE>  9
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                               September 30, 2001

Revenues

During  the three month period ending September 30, 2001, the Company's revenues
were $416,504 compared to $265,744 for the same period ended September 30, 2000.
During  the  six  month period ending September 30, 2001, the Company's revenues
were  $1,283,933  compared  to  $597,622 for the same period ended September 30,
2000.  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  customers.  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.  The increase of revenue from year to year
is  due  to  increased  auto  sales  from the Company's wholly owned subsidiary,
AutoSmart  USA,  Inc.

Operating  Expenses

During  the three months ended September 30, 2001, the company incurred $148,455
in  operating  expenses as compared to $105,570 in the same period in 2000. This
increase  was primarily driven in the area of selling, general and adminstrative
expenses.  During  the  six  months ended September 30, 2001, operating expenses
remained  the  same  compared  to  the  same  period  last  year.

Material  changes  in  financial  condition,  liquidity  and  capital  resources

At  September  30,  2001,  the  Company had $20,039 in cash and cash equivalents
compared  to  $2,051  for  the  same period in 2000.  The Company had a negative
working  capital of approximately $254,684 at September 30, 2001.  The Company's
operations  are  not   generating  sufficient  cash  to  maintain  its   present
operations.  During  2001, monthly expenses have averaged approximately $40,000.
The  Company's cash resources are determined entirely on the volume of sales and
services  generated  and  we  currently  cannot  estimate  how  much  they  will
contribute  to  our  cash  flow.  The  company  has  reviewed  all non-essential
activities and expenditures and has aggressively curtailed these items to assist
in  reducing the cash used in operating activities.  To date we have reduced our
monthly expenses to approximately $28,000.  At this lower "burn rate" we believe
we  can  continue  to provide our current level or operations.  If necessary, we
believe  we  can  extend  our viability up to 12 months by slashing costs to the
bone,  although  this  drastic  action  would  temporarily  reduce our operating
activities  leading  to  lower  revenues  during  such  period.

















<PAGE>  10
                         INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
                                   FORM  10-QSB
                                September 30,  2001

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

         NONE




                                    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:  November 23, 2001

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