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:  June 30, 2002

         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 June 30, 2002  the number of  the Company's  shares of  par  value  $.001
common stock outstanding was 9,647,079.



















<PAGE>  1
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                  June 30, 2002

                                      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..........................8

PART II - OTHER INFORMATION..........................................10


SIGNATURES...........................................................10









































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

                                  June 30, 2002

Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements


                        INTERACTIVE MULTIMEDIA NETWORK, INC.
                             CONSOLIDATED BALANCE SHEET
                                    (UNAUDITED)



                                      ASSETS
                                                                  June 30, 2002
                                                                  -------------
Current Assets
  Cash and cash equivalents                                       $      3,498
  Accounts Receivable                                                      185
  Inventory                                                             60,597
                                                                  -------------
    Total current assets                                                64,281
                                                                  -------------
Property and equipment, net                                             43,728
Investment in affiliates                                               135,100
                                                                  -------------
    TOTAL ASSETS                                                  $    243,109
                                                                  =============

                      LIABILITIES AND SHAREHOLDER'S EQUITY
Current Liabilities
  Accounts payable                                                     521,451
  Other current liabilities                                            313,400
                                                                  -------------
    Total current liabilities                                          834,851
                                                                  -------------
Other Liabilities (principally related parties)                         76,409

Minority Interest                                                       (1,627)

Shareholder's Equity
  Preferred Stock, $.001 par value; authorized 5,000,000                   -
    shares: issued and outstanding none in 2002 and 2001
  Common Stock, $.001 par value; authorized                              9,647
    25,000,000 shares; issued and outstanding 9,647,079
  Paid in Capital                                                    2,640,009
  Common Stock options; 2,000,000 issued and outstanding               330,000
  Accumulated Deficit                                               (3,646,180)
                                                                  -------------
    Total Shareholder's Equity/(Deficit)                              (666,524)
                                                                  -------------
   TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY                     $    243,109
                                                                  =============






Read the accompanying 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 MONTHS ENDED JUNE 20, 2002 AND 2001
                                    (UNAUDITED)




                                                      Three months ended
                                                  ----------------------------
                                                  June 30, 2002  June 30, 2001
                                                   (Unaudited)    (Unaudited)
                                                  -------------  -------------
Revenue                                           $      7,148   $     20,000
Cost of Revenue                                          6,652          4,500
                                                  -------------  -------------
Gross Profit                                               495         15,500
Operating expenses:
       Marketing                                         7,121            -
       Research & development                           60,000            -
       Consulting services                              45,000            -
       Rent                                                300            300
       Payroll and related benefits                        -            3,000
       Selling, general and administrative expenses     23,399          5,615
                                                  -------------  -------------
          Total operating expenses                     135,820          8,915
                                                  -------------  -------------
Income(Loss) before other income (expense)            (135,324)         6,585
                                                  -------------  -------------

Other income (expense):
       Interest income                                     -              -
       Interest expense                                 (1,500)        (1,279)
       Other income
                                                  -------------  -------------
          Total other income (expense)                  (1,500)        (1,279)
                                                  -------------  -------------

Income from continuing operations                     (136,824)         5,306
Discontinued operations:
      Income (Loss) from operations of
        discontinued subsidiary                            -            9,582
                                                  -------------  -------------
Net income/(Loss) before minority interest            (136,824)        14,888
                                                  -------------  -------------

Minority interest in net income/(loss) of
  subsidiary                                            (1,627)           -
                                                  -------------  -------------
Net (Loss) Income                                 $   (135,197)  $     14,888
                                                  =============  =============

Basic weighted average common shares outstanding     8,938,920      8,315,964
                                                  =============  =============

Basic and diluted Loss per common share           $      (0.02)  $       0.00
                                                  =============  =============


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

<page>  4
                       INTERACTIVE MULTIMEDIA NETWORK, INC.
                       CONSOLIDATED STATEMENT OF CASHFLOWS
              FOR THE THREE MONTHS ENDED JUNE 20, 2002 AND 2001
                                    (UNAUDITED)


                                                      Three months ended
                                                  ----------------------------
                                                  June 30, 2002  June 30, 2001
                                                   (Unaudited)    (Unaudited)
                                                  -------------  -------------
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)                                 $   (135,197)  $     14,888
Adjustments to reconcile net income (loss) to
  net cash used in operating activities:
    Depreciation and amortization                        3,052         18,162
    Issuance of stock for services                      45,000            -

    Issuance of stock for research &
      development costs                                 60,000            -
    Accrued interest - Shareholders loan                 1,500          1,279
    Office rent applied to paid in capital                 300            300
Changes in Operating assets and liabilities:
   Accounts Receivable                                     615            -
   Inventory                                               -           50,000
   Other Current Assets                                    -              -
   Other Assets                                            -              -
   Accounts Payable and Accrued Liabilities             12,912        (30,188)
                                                  -------------  -------------
Net cash provided by/(used in) operating
  activities                                           (11,819)        54,442

CASH FLOWS FROM INVESTING ACTIVITIES:
Sale of minority interest in subsidiary                 15,000            -

Minority interest portion of net income/(loss) of
  subsidiary                                            (1,627)           -
                                                  -------------  -------------
Net cash provided by/(used in) investing
  activities                                            13,373            -
                                                  -------------  -------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash provided by/(used in) financing
  activities                                               -              -
                                                  -------------  -------------
Net increase (decrease) in cash and cash
  equivalents                                            1,554         54,442

Cash and cash equivalents, beginning of period           1,944            118
                                                  -------------  -------------
Cash and cash equivalents, end of period          $      3,498   $     54,559
                                                  =============  =============

SUPPLEMENTAL INFORMATION:
Issuance of shares 92,115 for inventory balances        60,597
Issuance of 250,000 shares for 90% investment in
  subsidiary                                           135,000
Issuance of 100,000 shares for security patent             100




Read the accompanying 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)

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  form  10-KSB  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  from
sales of health related products.  Revenues from marketing and internet related
activity are recognized when the  services  are  completed.   Revenues from the
sale of health related products are recognized when the product 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)

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 $135,197
(unaudited)  for  the  three  months  ended June 30, 2002.  Additional  capital
and/or borrowings will be necessary in  order  for  the  Company to continue in
existence until attaining and sustaining profitable operations.  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.

           For the three months ended June 30, 2002 (unaudited)
<table>
                        Marketing &
                        Internet      Health      Discontinued  Corporate   Consolidated
                        Services      Products    Operations    and Other   Total
                        ------------  ----------  ------------  ----------  ------------

                     <c>           <c>         <c>           <c>         <c>
Net sales to external
   customers            $     4,600   $   2,548   $      -     $      -     $   111,740
Inter-segment revenues          -            -           -            -             -
Segment operating
   profit (loss)              4,600     (28,442)         -       (112,983)     (136,824)
Segment assets          $    57,490   $  50,519   $      -     $  135,100   $  243,109
</table>
           For the three months ended June 30, 2001 (unaudited)

<table>
                        Marketing &
                        Internet      Health      Discontinued  Corporate   Consolidated
                        Services      Products    Operations    and Other   Total
                        ------------  ----------  ------------  ----------  ------------

                     <c>           <c>         <c>           <c>         <c>
Net sales to external
   customers            $    20,000   $      -    $   847,429   $     -     $   867,429
Intersegment revenues           -            -            -           -             -
Segment operating
   profit (loss)             15,500          -         22,516     (23,128)       14,888
Segment assets          $    94,222   $      -    $   148,272   $     -     $   242,494
</table>

<page>  7
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                  June 30, 2002

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 three months  ended
June 30,  2002 and 2001 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 June 30, 2002 and 2001

During the three month period ending June 30, 2002, the Company incurred a loss
of  $135,197 compared to a profit of $14,888 for the same period ended June 30,
2001. Gross profit for the three month period ending June 30, 2002 decreased by
approximately  $15,000  compared  to  the  same  period  last  year.  Operating
expenses  for  the  three  month  period  ending  June  30,  2002 increased  by
approximately $127,000 compared to the same period last year.

Revenues

During the three month period ending June 30, 2002, the Company's revenues were
$7,148  compared to $20,000 for the same period ended June 30,  2001.  Revenues
are principally  from  services and commissions from providing marketing plans,
services related to the  internet  marketing  arena and sales of health related
products.  Revenues from marketing and internet related activity are recognized
when the services are completed.  Revenues from the sale of health products are
recognized  when the product is delivered to the  customer.   The  decrease  in
revenue from year to year is due to decreased in internet marketing.






<PAGE>  8
                         INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
                                   FORM  10-QSB
                                   June 30, 2002

Operating Expenses

During the three  months  ended June 30, 2002, the company incurred $135,820 in
operating expenses as compared  to  $8,915  in  the  same  period in 2001. This
increase   was  primarily  driven  in  the  area  of  research  &  development,
consulting, and selling, general and administrative expenses.

Material changes in financial condition, liquidity and capital resources

At June 30,  2002, the Company had $3,498 in cash and cash equivalents compared
to $54,559 for  the  same  period  in 2001.  The Company had a negative working
capital of approximately $770,570 at  June  30, 2002.  The Company's operations
are not generating sufficient cash to maintain  its  present  operations.   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  drastically.   With  the ceasing of operations at
AutoSmart USA, our monthly expenses are currently below  $5,000.  At this lower
"burn  rate"  we  believe  we  can  continue  to provide our current  level  or
operations.  The Company has also involved itself in the health related product
arena  by purchasing two entities with the issuance  of  the  Company's  stock.
These entities  will  allow  the company to explore and develop products in the
health care arena.

































<PAGE>  9
                         INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
                                   FORM  10-QSB
                                   June 30, 2002

PART II


OTHER INFORMATION

Item 1.  Legal Proceedings.


NONE

Item 2.  Changes in Securities.

NONE

Item 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:  August 19, 2002
                                        By: /s/ Richard J. Verdiramo
                                       ------------------------------------
                                            Richard J. Verdiramo, President