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: September 30, 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 September 30, 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
                                SEPTEMBER 30, 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
                                SEPTEMBER 30, 2000

Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements

INTERACTIVE MULTIMEDIA NETWORKS, INC.
CONSOLIDATED BALANCE SHEET
SEPTEMBER 30, 2000
(Unaudited)

                                     ASSETS
                                     ------

Current  Assets
  Cash and cash equivalents                                      $        2,052
  Accounts Receivable - net                                               6,350
  Inventory                                                             104,220
  Other Current Assets                                                   22,400
                                                                 ---------------
Total current assets                                                    135,022

Property and equipment, net                                              92,173
Other assets                                                             15,663
                                                                 ---------------

                             TOTAL ASSETS                         $     242,859
                                                                  ==============

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

Current  Liabilities
  Accounts payable                                                      111,857
  Other current liabilities                                             118,303
                                                                  --------------
Total current liabilities                                               230,160

Other Liabilities (principally related parties)                         194,819

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                                                       1,931,926
Subscription Receivable                                                     -
Common Stock options; 2,000,000 issued and outstanding                  330,000
Deficit accumulated during the development stage                     (2,450,661)
                                                                     -----------
Total Shareholder's Equity/(Deficit)                                   (182,120)

TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY                          $   242,859
                                                                    ============

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 SIX MONTHS ENDED SEPTEMBER 30, 2000
(Unaudited)

                               Three months ended            Six  months ended
                          --------------------------  --------------------------
                            Sept. 30      Sept. 30      Sept. 30     Sept. 30

                           (Unaudited)   (Unaudited)   (Unaudited)  (Unaudited)
                          ------------  ------------  ------------  ------------
Revenue                   $   265,744   $   301,279   $   597,622   $   475,031

Cost of Revenue               198,123        33,128       409,966        49,261
                          ------------  ------------  ------------  ------------

Gross Profit                   67,620       268,151       187,656       425,769

Operating  expenses:
  Marketing                    12,985       126,357        26,934       138,072
  Consulting services             -         15,000            -          30,000
  Rent                         21,350       12,000         55,920        24,000
  Payroll and
   related benefits            21,765        9,000         49,918        18,440
  Selling, general and
   administrative expenses     49,469      111,045        141,554       224,402
                          ------------  ------------  ------------  ------------
Total operating expenses      105,570      273,402        274,326       434,914

Loss before other
  income (expense)            (37,950)      (5,251)       (86,670)       (9,145)

Other  income  (expense):
  Interest income                 -            -              -             -
  Interest expense               (296)         -             (616)          -
  Loss on investment in
    Temporary Business
   Acquisition                    -            -              -             -
                          ------------  ------------  ------------  ------------

Total other income
   (expense)                     (296)         -             (616)          -
                          ------------  ------------  ------------  ------------

Net Loss                      (38,246)      (5,251)       (87,286)       (9,145)
                          ============  ============  ============  ============

Basic weighted average
  common shares
   outstanding              6,615,464     5,617,714     6,504,726     6,125,097
                          ============  ============  ============  ============
Basic Loss per
  common share            $    (0.006)  $    (0.001)  $    (0.013)  $    (0.001)
                          ============  ============  ============  ============




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 SIX MONTHS ENDED SEPTEMBER 30, 2000
(Unaudited
                                                    Six months ended
                                        ----------------------------------------
                                        September 30, 2000   September 30, 1999
                                            (Unaudited)          (Unaudited)
                                         ------------------   ------------------
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net Income (Loss)                      $         (87,286)   $          (9,145)
Adjustments to reconcile net income
  (loss)  to  net  cash  used  in
  operating  activities:
    Depreciation and amortization                   25,160                7,410
    Issuance of stock for services                     -                 65,000
    Loss on investment in Temporary
      Business  Acquisition                            -                    -
    Accrued interest -  hareholders loan               -                    -
    Office rent applied to paid in capital             600                  -
Changes in Operating assets and
  liabilities:
    Acounts Receivable                                 -               (293,850)
    Inventory                                      (38,750)                 -
    Other Current Assets                             6,000             (253,054)
    Other Assets                                       299             (131,254)
    Accounts Payable and
      Accrued Liabilities                           84,671               61,518
                                         ------------------   ------------------
Net cash provided by/(used in)
  operating activities                              (9,306)            (553,375)
CASH  FLOWS  FROM  INVESTING  ACTIVITIES:
  Purchase of Property and equipment                (4,600)             (28,115)
  Loss on writeoff of related
     party - Ansam, Inc.                               -                    -
  Loss on investment in Temporary
     Business Acquisition                              -                    -
                                         ------------------   ------------------
Net cash provided by/(used in)
   investing activities                             (4,600)             (28,115)
CASH  FLOWS  FROM  FINANCING  ACTIVITIES:
Proceeds  from:
  Notes payable, principally
   related parties                                     -                  2,870
  Share subscriptions collected                        -                410,893
  Loans from Shareholders                            5,000               20,000
  Issuance of stock                                    -                 55,000
                                         ------------------   ------------------
Net cash provided by/(used in)
   financing activities                              5,000              488,763
                                         ------------------   ------------------
Net increase (decrease) in cash and
   cash equivalents                                 (8,906)             (92,727)
Cash and cash equivalents,
   beginning of period                              10,958               96,802
                                         ------------------   ------------------
Cash and cash equivalents,
   end of period                         $           2,052    $           4,075
                                        ===================   ==================

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)
SEPTEMBER  30,  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  LOSS  PER  SHARE

     Basic  earnings  (loss)  per  share  is computed using the weighted-average
number of common shares outstanding during the period.  Options and warrants are
not  considered  since considering such items would have an antidilutive effect.








<PAGE>
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS
(UNAUDITED)
SEPTEMBER  30,  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 loss of
$38,246  and  $87,286  for  the  three  and six months ended September 30, 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
                               SEPTEMBER 30, 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 March
31,  1998 and 1997 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  September  30,  2000  and  1999

For  the  three  months ended September 30, 2000, the Company's principal source
of  revenue  consisted  of  revenue  derived  from  vehicle  sales  made  by its
subsidiary,  AutoSmart   Cost  of  Revenue increased from $ 33,128 for the three
months  ended  September  30,  1999  to  $198,123  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.  The change in focus from the provision of marketing
services to the sale of cars, which requires the Company to book the cost of the
car  as  an  expense,  also  accounts for the increase of costs of revenues as a
percentage  of  revenues  from  11%  in  1999  to  74.6%  in  2000.

Operating  expenses  for  the three months ended September 30, 2000 consisted of
general expenses of  $105,570 for the Company as a whole versus $273,402 for the
same  period  ended September 30, 1999. This decrease stems from lower marketing
expenditures of approximately 90%,  an elimination of consulting expenses, and a
decrease  in  S,  G  &  A expenses of approximately 56%.  However  certain  line
items  increased  because  of  the business activities of AutoSmart USA such as:
rent  78%  and  payroll 142%. The increase in  rent was directly attributable to
the  rent  payable  for  AutoSmart  USA  as  was  the  increase  in  payroll.


<PAGE>

                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                SEPTEMBER 30, 2000

The  Company,  and  its  subsidiaries, had a net loss of $(38,246) for the three
months  ended  September  30,  2000  and  $(5,251)  for the same period of 1999.

Six  Months  Ended  September  30,  2000  and  1999

For  the  six months ended September 30, 2000, the Company's principal source of
revenue  consisted  of  revenue  derived  from  providing  marketing services to
clients  of  $70,500  and  of  revenue  derived  from  vehicle sales made by its
subsidiary,  AutoSmart  USA,  which  was  $529,722  for  the period, compared to
revenues  derived  from the Company's provision of marketing services to clients
for the six months ended September 30, 1999 of $475,031. More specifically, this
increase  in  overall  revenue  was  do to the change in focus of the Company to
concentrate on building the business of AutoSmart USA and continue servicing the
marketing  needs  of  existing  clients.

Cost  of  Revenue  increased from $49,261 for the six months ended September 30,
1999  to  $409,966  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.  The
change  in  focus  from the provision of marketing services to the sale of cars,
which  requires  the  Company  to  book  the cost of the car as an expense, also
accounts  for the increase of costs of revenues as a percentage of revenues from
10.4%  in  1999  to  68.6%  in  2000.

Operating  expenses  for  the  six  months ended September 30, 2000 consisted of
general  expenses  of  $274,326  for  the Company as a whole versus $434,914 for
the  same  period  ended  September  30,  1999.  This  decrease stems from lower
marketing  expenditures  of  approximately  80% and an elimination of consulting
expenses.  However  certain  line  items  increased  because  of   the  business
activities of AutoSmart USA such as: rent 130% and payroll 170%. The increase in
rent  was directly attributable to the rent payable for AutoSmart USA as was the
increase  in  payroll.

The  Company,  and  its  subsidiaries,  had  a net loss of $(86,686) for the six
months  ended  September  30, 2000 and $(9,145) for the same period of 1999. The
loss  for  the September 2000 period was attributable $20,305 to the Company and
$66,381  to  AutoSmart  USA.

Liquidity  and  Capital  Resources

The Company's cash position was  $10,958 at the beginning of the fiscal  period.
It  decreased  to  $2,052  as  of September  30,  2000.  This  decrease occurred
because  the Company used  $9,306  in  operating  activities, invested  4,600 in
business  operations  and  borrowed  $5,000  from shareholders.  This  had a net
decrease  of  $8,906  in  the cash  position  of  the  Company.

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

<PAGE>

                           INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                SEPTEMBER 30, 2000

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
                                SEPTEMBER 30, 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: March 23, 2001

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