U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

           X     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended March 31, 2000

                   TRANSITION REPORT UNDER SECTION 13 OR 15(d)
                 OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE
                  TRANSITION PERIOD FROM ________ TO _________

                         Commission file number 0-24273

                        MAX INTERNET COMMUNICATIONS, INC.
             (Exact name of registrant as specified in its charter)

         Nevada                                                 75-2715335
(State or other jurisdiction of                             (I.R.S. Employer
incorporation or organization)                               Identification No.)


                     8115 Preston Road, Eighth Floor - East
                               Dallas, Texas 75225
                    (Address of principal executive offices)

                                 (214) 691-0055
                         (Registrant's telephone number)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject  to such  filing  requirements  for  the  past 90  days.  Yes X  No
                                                                     ---   ---

Number of shares outstanding of the Registrant's  common stock (par value $.0001
per share) as of March 31, 2000: 17,678,242.

Transitional Small Business Disclosure Format
(Check one)
Yes     No  X
   ---    ---






<PAGE>

<TABLE>

<CAPTION>

MAX INTERNET COMMUNICATIONS, INC.
PART  I.  FINANCIAL INFORMATION
ITEM  I.   FINANCIAL STATEMENTS

CONSOLIDATED BALANCE SHEETS

                                                                            March 31,       June 30,
                               ASSETS                                          2000            1999
                                                                           ------------    ------------
                                                                           (Unaudited)
<S>                                                                        <C>             <C>

CURRENT ASSETS

    Cash and cash equivalents                                              $    487,212    $  8,136,585
    Accounts receivable                                                         629,254         169,217
    Inventories                                                              11,528,794       1,286,539
    Prepaid expenses                                                            628,642          44,475
                                                                           ------------    ------------

                   Total current assets                                      13,273,902       9,636,816

PROPERTY AND EQUIPMENT, AT COST

    Machinery and equipment                                                     476,289          87,830
    Furnishings                                                                 176,327          67,634
                                                                           ------------    ------------
                                                                                652,616         155,464
       Less accumulated depreciation                                             74,052          27,969
                                                                           ------------    ------------
                                                                                578,564         127,495

OTHER ASSETS                                                                  1,285,631         901,336
                                                                           ------------    ------------

                                                                           $ 15,138,097    $ 10,665,647
                                                                           ============    ============

      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

    Accounts payable                                                       $  2,853,900    $    113,356
    Accrued expenses                                                            169,821         788,797
    Deferred income                                                             204,786            --
                                                                           ------------    ------------

                   Total current liabilities                                  3,228,507         902,153

COMMITMENTS AND CONTINGENCIES                                                      --              --

STOCKHOLDERS' EQUITY

    Preferred stock, $100 par value; Series A, authorized, 100,000
       shares; issued and outstanding, 80,000 shares                          8,000,000       8,000,000
    Preferred stock, $.0001 par value; Series B convertible, authorized,
       350,000 shares; none issued and outstanding                                 --              --
    Common stock, $.0001 par value; authorized, 50,000,000 shares;
       issued, 17,678,242 shares at March 31, 2000 and
       15,772,823 shares at June 30, 1999                                         1,768           1,577
    Additional paid-in capital                                               27,257,774      17,693,743
    Accumulated deficit                                                     (23,137,452)    (15,719,326)
                                                                           ------------    ------------
                                                                             12,122,090       9,975,994
    Less 200,000 shares of common stock in treasury - at cost                  (212,500)       (212,500)
                                                                           ------------    ------------
                                                                             11,909,590       9,763,494
                                                                           ------------    ------------

                                                                           $ 15,138,097    $ 10,665,647
                                                                           ============    ============
</TABLE>




                       See notes to financial statements.

                                      -1-


<PAGE>

<TABLE>

<CAPTION>


MAX INTERNET COMMUNICATIONS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)



                                               Three Months    Three Months     Nine Months     Nine Months
                                                      Ended           Ended           Ended           Ended
                                                  March 31,       March 31,       March 31,       March 31,
                                                       2000            1999            2000            1999
                                               ------------    ------------    ------------    ------------
<S>                                            <C>             <C>             <C>             <C>


Net sales                                      $    140,853    $   (114,036)   $    397,402    $    134,523
Cost of sales                                        57,465         (41,221)        231,492          52,845
                                               ------------    ------------    ------------    ------------

       Gross profit                                  83,388         (72,815)        165,910          81,678

Selling, general and administrative expenses      2,925,638       1,035,144       7,682,922       2,615,480
                                               ------------    ------------    ------------    ------------

       Operating (loss)                          (2,842,250)     (1,107,959)     (7,517,012)     (2,533,802)

Interest income                                      13,383            --           108,697            --
Interest expense                                     (4,258)           (592)         (9,811)        (73,350)
                                               ------------    ------------    ------------    ------------

       (Loss) from continuing operations         (2,833,125)     (1,108,551)     (7,418,126)     (2,607,152)

Loss from discontinued operations                      --          (558,383)           --        (2,338,703)
Gain on disposal of discontinued operations            --              --              --         1,905,494
                                               ------------    ------------    ------------    ------------

       Net  (loss)                             $ (2,833,125)   $ (1,666,934)   $ (7,418,126)   $ (3,040,361)
                                               ============    ============    ============    ============

(Loss) per share - basic and diluted:

    From continuing operations                        $(.17)          $(.14)          $(.46)          $(.38)
                                                      =====           =====           =====           =====
    From discontinued operations                      $--             $(.07)          $--             $(.06)
                                                      =====           =====           =====           =====
    (Loss) per share                                  $(.17)          $(.21)          $(.46)          $(.44)
                                                      =====           =====           =====           =====

Weighted average shares outstanding              17,104,061       7,758,247      16,248,188       6,912,105
                                               ============    ============    ============    ============

</TABLE>





                       See notes to financial statements.

                                       -2-

<PAGE>

<TABLE>

<CAPTION>


MAX INTERNET COMMUNICATIONS, INC.

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)

NINE MONTHS ENDED MARCH 31, 2000

                                                                  Series A
                                      Common stock               Preferred stock         Additional
                                     --------------             -----------------         paid-in       Accumulated       Treasury
                               Shares         Amount        Shares           Amount       Capital        Deficit           Stock
                             ------------  ------------   ------------   ------------   ------------   ------------    ------------
<S>                          <C>            <C>           <C>            <C>            <C>            <C>             <C>

Balances at June 30, 1999     15,772,823   $      1,577         80,000   $  8,000,000   $ 17,693,743   $(15,719,326)   $   (212,500)

Sales of common stock          1,870,419            187           --             --        9,289,097           --              --

Stock options issued                --             --             --             --           99,938           --              --

Shares issued in payment
  of liabilities                  35,000              4           --             --          174,996           --              --

Net loss                            --             --             --             --             --       (7,418,126)           --
                            ------------   ------------   ------------   ------------   ------------   ------------    ------------

Balances at March 31, 2000    17,678,242   $      1,768         80,000   $  8,000,000   $ 27,257,774   $(23,137,452)   $   (212,500)
                            ============   ============   ============   ============   ============   ============    ============



</TABLE>




                       See notes to financial statements.

                                       -3-


<PAGE>

<TABLE>

<CAPTION>


MAX INTERNET COMMUNICATIONS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                                           Nine months ended
                                                                               March 31,
                                                                         2000           1999
                                                                    ------------    ------------
<S>                                                                 <C>             <C>

Cash flows from operating activities
    Net (loss)                                                      $ (7,418,126)   $ (3,040,361)
    Gain from discontinued operations                                       --           433,209
    Adjustments to reconcile net loss to net cash
       used in operating activities:
          Depreciation and amortization                                  266,525         486,907
          Stock options issued for services                               99,938            --
          Change in operating assets and liabilities:
              Prepaid expenses                                          (587,262)        (11,001)
              Receivables                                               (460,037)        (61,585)
              Inventories                                            (10,242,255)       (163,420)
              Other assets                                              (601,612)       (266,000)
              Accounts payable and accrued expenses                    2,501,354         130,858
                                                                    ------------    ------------

                 Net cash used in continuing operations              (16,441,475)     (2,491,393)
    Net cash used by discontinued operations                                --          (666,080)
                                                                    ------------    ------------
                 Net cash used in operating activities               (16,441,475)     (3,157,473)

Cash flows from investing activities
    Purchase of property and equipment                                  (497,152)        (57,930)

Cash flows from financing activities
    Sales of common stock                                              9,289,284      12,801,700
    Redemption of preferred stock                                           --        (3,792,000)
    Dividends paid                                                          --           (41,954)
    Decrease in receivables from affiliates                                 --            32,805
    Borrowings on notes payable to stockholders                             --           210,579
                                                                    ------------    ------------

                 Net cash provided by financing activities             9,289,284       9,211,130
                                                                    ------------    ------------

Net increase (decrease) in cash                                       (7,649,343)      5,995,727

Cash and cash equivalents at beginning of period                       8,136,585       1,774,091
                                                                    ------------    ------------

Cash and cash equivalents at end of period                          $    487,212    $  7,769,818
                                                                    ============    ============


Noncash financing activities:

    Issuance of common stock or options in payment of liabilities   $    274,934    $     56,250
                                                                    ============    ============

    Conversion of convertible debentures                            $       --      $    400,000
                                                                    ============    ============

    Conversion of Series B preferred stock                          $       --      $    340,000
                                                                    ============    ============


</TABLE>





                        See notes to financial statements

                                       -4-

<PAGE>

MAX INTERNET COMMUNICATIONS, INC.
NOTES TO FINANCIAL STATEMENTS

NOTE A - BASIS OF PRESENTATION

    The  accompanying  unaudited  consolidated  financial  statements  have been
    prepared in accordance  with generally  accepted  accounting  principles for
    interim  financial  information  and with the  instructions  to Form 10-QSB.
    These financial  statements have not been examined by independent  certified
    public  accountants,  but in the  opinion  of  management,  all  adjustments
    (consisting of normal recurring  accruals and  adjustments)  necessary for a
    fair presentation of consolidated results of operations,  financial position
    and  cash  flows at the  dates  and for the  periods  indicated,  have  been
    included.

    These  financial  statements  do not  include  all of  the  information  and
    footnotes required by generally accepted accounting  principles for complete
    financial  statements.  Operating results for the nine-month and three-month
    periods ended March 31, 2000 are not  necessarily  indicative of the results
    that  may be  expected  for the  year  ending  June 30,  2000.  For  further
    information,  refer  to the  consolidated  financial  statements  and  notes
    thereto for the fiscal year ended June 30,  1999  included in the  Company's
    Form  10-KSB,  as filed  with the  Securities  and  Exchange  Commission  on
    September 28, 1999.

    These   financial   statements   include  the   accounts  of  MAX   Internet
    Communications,   Inc.,  (MAX)  and  its  wholly-owned  subsidiaries,  MAXpc
    Technologies,  Inc.  (MAXpc),  MAX  Internet  Communications  do Brasil LTDA
    (Brasil),   and  MAX  Internet   Communications   Deutschland  GmbH  (GmbH),
    collectively,  "the  Company."  MAX changed its name in November,  1999 from
    Voxcom Holdings, Inc. (Holdings).

    MAX Internet Communications  Deutschland GmbH was incorporated in Frankfurt,
    Germany on August 4, 1999,  and MAX Internet  Communications  do Brasil LTDA
    was formed in Rio de Janeiro,  Brazil on September  14, 1999.  Both of these
    companies  sell and  service  the MAX  i.c.  Live  card in their  respective
    regions, as well as other products the company may develop.

    The financial  statements include the operations of Brasil and GmbH from the
    dates of formation.

    Effective March 31, 2000 MAXpc was merged into MAX.

 NOTE B - BUSINESS

    MAX  assembles,  through  contractors,  and  markets  a  PC  Internet  Media
    Processor  Card, the MAX i.c. Live 3600, and an information  appliance,  the
    MAX i.c.  Live Video  Communication  Station.  The core  technology  of both
    products, the MAX i.c. Live Internet Media Processor,  delivers the power to
    conduct  true-motion,   synchronized  video  and  audio  communications  and
    high-quality  video  and  audio  streaming  and  browsing  over a  broadband
    Internet  connection.  The MAX  i.c.  Live  Internet  Media  Processor  also
    integrates  full DVD and Dolby  AC-3  surround  sound for a  complete  video
    communication and entertainment solution.

    The MAX i.c.  Live card  enhances  the  performance  of personal  computers,
    either as an add-in at time of manufacture or installed into existing units.
    The  card,  with its own  inbuilt  processor,  has the  ability  to  perform
    multi-media software functions simultaneously if need be, without detracting
    from the central processor of the computer. Additional software can be added
    to the card as developed.

    The company continues to look for additional software applications which may
    be integrated into the card, and it is believed some of these will give rise
    to the availability of patent protection.  The company will continue limited
    research and development in this regard.


                                      -5-

<PAGE>

MAX INTERNET COMMUNICATIONS, INC.
NOTES TO FINANCIAL STATEMENTS


NOTE C - ACQUISITION AND DISPOSITION OF BUSINESSES

    Effective October 1, 1997, the company formed Home Business Group Inc. (HBG)
    to acquire certain assets and assume the liabilities of a company engaged in
    the business of home-based  business seminars for no consideration.  A major
    stockholder  and  officer of the  acquired  business  is a  stockholder  and
    officer of the company. The acquisition was accounted for as a purchase.

    On September 30, 1998, the company sold the stock of HBG to HBG's management
    in exchange for the  redemption of 200,000  shares of the  company's  common
    stock previously owned by such management.

    Effective  January 15, 1999, the company closed  AmeraPress,  as it had been
    unable to  generate  sufficient  business  activity  to justify  its ongoing
    overhead  following  the  sale of HBG  described  above.  The  company  sold
    AmeraPress in June 1999.

    Effective  February 19, 1999,  the company  closed  Systems,  as it had been
    unable to  generate  sufficient  business  activity  to justify  its ongoing
    overhead  following the sale of HBG and the closure of AmeraPress  described
    above. The company sold Systems in June 1999.

    During  the  quarter  ended   September   30,  1999,   MAX  formed  two  new
    subsidiaries,  both of which are 100%  owned.  MAX  Internet  Communications
    Deutschland GmbH was  incorporated in Frankfurt,  Germany on August 4, 1999,
    and MAX Internet Communications do Brasil Ltda was formed in Rio de Janeiro,
    Brazil on September 14, 1999.  Both of these companies will sell and service
    the MAX  i.c.  Live  card in  their  respective  regions,  as well as  other
    products the company may develop.

    Effective  December  31,  1999 MAX sold the  stock  of  Brasil  to  Brasil's
    management. Shortly after the sale, the company discovered its management in
    Brazil misled the company regarding its sales transactions in South America.
    As a result,  management of the Brazilian unit has been  dismissed,  and the
    sale of Brasil has been rescinded.  MAX again owns 100% of the stock of this
    subsidiary,  and Brasil has been included in these financial  statements for
    the entire period.










                                      -6-


<PAGE>


MAX INTERNET COMMUNICATIONS, INC.

ITEM 2.  Management's discussion and analysis.

Results of Operations

Nine and three  months  ended March 31, 2000  compared to nine and three  months
ended March 31, 1999.

Net Sales

Net sales from  continuing  operations  were  $397,402 for the nine months ended
March 31,  2000,  an increase of $262,879  over the $134,523 for the nine months
ended March 31, 1999.  Net sales were  $140,853 for the three months ended March
31,  2000.  The net sales  returns for the three  months ended March 31, 1999 of
($114,036)  arose from one  significant  return in the quarter,  offset by other
sales. Recognition of sales to certain distributors has been deferred until such
time as the product moves through the distribution channels to the distributors'
customers.

The company  continues  to position the MAX i.c.  Live product with  value-added
resellers, original equipment manufacturers, channel distributors and end users.
In addition,  the company  continues to gain  positive  exposure to its products
through an evaluation program,  trade shows, industry magazines and the like. To
date,  enthusiasm  for the company's  products and technology has been high, but
significant sales have not yet been consummated. Contract negotiations for sales
of the MAX  i.c.  Live  products  are  ongoing,  and are  expected  to  generate
increasing net sales and net earnings in future quarters.

Selling, General and Administrative Expenses

Selling,  general and  administrative  expenses increased 194% to $7,682,922 for
the nine months ended March 31, 2000 from  $2,615,480  for the nine months ended
March 31, 1999;  and  increased  183% to  $2,925,638  for the three months ended
March 31, 2000 from $1,035,144 for the three months ended March 31, 1999.  These
increases are due to significant increases in advertising, marketing and selling
expenses  related to the MAX i.c.  Live  product,  as well as costs of operating
Brasil  and GmbH and the  overhead  structure  which has been put into  place in
order to generate and service expected future increases in net sales.

Interest Income and Expense

The  interest  income of $108,697 and  $13,383,  respectively,  for the nine and
three months ended March 31, 2000 was earned on the available  cash balances the
Company has invested in money market funds.  There was little  interest  expense
during these periods. Interest expense for the nine and three months ended March
31,  1999  of  $73,350  and  $592,  respectively,   was  incurred  primarily  on
convertible debentures. This debt has been fully converted to common stock as of
November 1998, and no further interest is payable.

Income Taxes

No income taxes have been accrued due to operating losses of the company.

Discontinued Operations

On September 30, 1998, the company sold the stock of a wholly owned  subsidiary,
HBG, to HBG's management in exchange for the redemption of 200,000 shares of the
Company's common stock previously owned by such management.

Effective January 15, 1999, the company closed AmeraPress, as it had been unable
to  generate  sufficient  business  activity  to justify  its  ongoing  overhead
following the sale of HBG described above. AmeraPress was sold on June 30, 1999.



                                      -7-

<PAGE>


MAX INTERNET COMMUNICATIONS, INC.

Management's discussion and analysis - continued

Effective  February 19, 1999, the company closed Systems,  as it had been unable
to  generate  sufficient  business  activity  to justify  its  ongoing  overhead
following the sale of HBG and the closure of AmeraPress described above. Systems
was sold on June 30, 1999.

The financial  statements for the six months ended December 31, 1998 reflect the
results of operations of Systems, AmeraPress and HBG as discontinued operations.

Liquidity and Capital Resources

Cash and cash  equivalents  decreased  $7,649,343 in the nine months ended March
31, 2000. Net cash used in operating  activities for the period was $16,441,475.
This cash used in  operating  activities  primarily  consisted  of  increases in
receivables  of  $460,037,  inventories  of  $10,242,255,  prepaid  expenses  of
$587,262 and other assets of $601,612; offset by an increase in accounts payable
and  accrued  expenses  of  $2,501,354.   The  company   continues  to  increase
inventories in part because of the need to purchase  certain  components well in
advance of the scheduled production date, due to competition for these parts. In
addition, the company purchases a portion of its inventory based on a production
schedule in order to maintain its production capacity with the manufacturer. The
company has also  purchased  inventory  in  response to expected  sales in South
America  which  have not been  consummated.  Cash used in  investing  activities
consisted of  approximately  $497,000 in  purchases  of property and  equipment.
Financing activities generated approximately $9,289,000,  consisting of sales of
common stock.

Working  capital  at March  31,  2000  increased  by 15%,  to  $10,045,395  from
$8,734,663  at June 30, 1999.  This was due  primarily to the cash received from
the sales of common  stock,  offset by the  losses of the  company  during  that
period.

Due to net operating losses,  the need to purchase  inventories in advance,  the
selling of product on terms to customers,  and the lack of significant  sales to
date, the company needs additional financing in the immediate future. Management
is currently in negotiations with various parties to secure additional equity or
debt  financing.  There is no assurance  the company will be successful in these
efforts.

Year 2000

At this date,  the company  has not  experienced  problems  related to Year 2000
compliance,  and is not aware of any  remaining  problems  related  to Year 2000
issues.  However,  the company will  continue to monitor the status of suppliers
and manufacturers.

Forward Looking Statements

This  document  includes  statements  which  may  constitute   "forward-looking"
statements,  usually  containing  the words  "believe",  "estimate",  "project",
"expect" or similar expressions.  These statements are made pursuant to the safe
harbor  provisions  of the  Private  Securities  Litigation  Reform Act of 1995.
Forward-looking statements inherently involve risks and uncertainties that could
cause actual results to differ materially from the  forward-looking  statements.
Factors that would cause or contribute to such differences  include, but are not
limited to, continued  acceptance of the Company's  products in the marketplace,
competitive  factors,  changes  in  regulatory  environments,  and  other  risks
detailed in the  Company's  periodic  report  filings  with the  Securities  and
Exchange Commission.  By making these  forward-looking  statements,  the Company
undertakes  no obligation  to update these  statements  for revisions or changes
after the date of this filing.


                                      -8-

<PAGE>


MAX INTERNET COMMUNICATIONS, INC.

PART II.  OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

       The  company  has filed a lawsuit  alleging  breach of  contract  against
       Heartland  Payment  Systems,  LLC  (Heartland),  a credit card processing
       company which has performed this function for the company. Heartland then
       filed suit against the company  alleging  breach of contract,  and asking
       for an unspecified amount. This case is in the early stages of discovery.
       Management  believes  that the ultimate  resolution of this case will not
       have a material  effect on financial  position,  results of operations or
       cash flows.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

(a)        Exhibits

           27.       Financial Data Schedule

(b)        Reports on Form 8-K

            A report on Form 8-K was filed on February 24, 2000  concerning  the
            sale of MAX Internet Communications do Brasil Ltda.

                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                MAX Internet Communications, Inc.
                                  (Registrant)

Date:  May 15, 2000


                                   /s/  Donald G. McLellan
                                        ----------------------------------------
                                        Donald G. McLellan, President

                                   /s/  Leslie D. Crone
                                        ----------------------------------------
                                        Leslie D. Crone, Chief Financial Officer




                                      -9-