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, 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 June 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
                                  JUNE 30, 2000

                                      INDEX


Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements

Balance Sheet (Unaudited).............................................3

Statements of Operation (Unaudited)...................................4

Statements of Cash Flow (Unaudited)...................................5

Notes to Financial Statements (Unaudited).............................6


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

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

SIGNATURES...........................................................12




































<PAGE>
                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                  JUNE 30, 2000

Part I - FINANCIAL INFORMATION

Item 1 - Financial Statements


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


                                     ASSETS

Current  Assets
  Cash and cash equivalents                          $      55,888
  Accounts Receivable - net                                  6,350
  Inventory                                                 63,200
  Other Current Assets                                      22,400
                                                     --------------
     Total current assets                                  147,838
Property and equipment, net                                101,855
Other assets                                                15,755
                                                     --------------

     TOTAL ASSETS                                          265,448
                                                     ==============

                       LIABILITIES AND SHAREHOLDER'S EQUITY

Current  Liabilities
  Accounts payable                                         118,175
  Other current liabilities                                101,329
                                                     --------------
Total current liabilities                                  219,504

Other Liabilities (principally related parties)            189,819

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                                        1,933,426
  Subscription Receivable                                      -
  Common Stock options; 2,000,000
    issued and outstanding                                 330,000
  Accumulated deficit                                   (2,413,916)
                                                     --------------
Total Shareholder's Equity/(Deficit)                      (143,875)

TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY           $     265,448
                                                     ==============

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 ENDED JUNE 30, 2000 and 1999
(Unaudited)

                                                     Three  months  ended
                                              ---------------------------------
                                              June  30,  2000   June  30,  1999
                                              ---------------   ---------------
                                                (Unaudited)        (Unaudited)

Revenue                                       $      331,878    $      173,752

Cost  of  Revenue                                    211,843            16,133
                                              ---------------   ---------------

Gross  Profit                                        120,035           157,619

Operating  expenses:
  Marketing                                           13,949            11,715
  Consulting  services                                   -              15,000
  Rent                                                34,270            12,000
  Payroll  and  related  benefits                     28,153             9,440
  Selling, general and administrative expenses        92,084           113,357
                                              ---------------   ---------------
Total  operating  expenses                           168,456           161,512

Loss  before  other  income  (expense)               (48,421)           (3,893)

Other  income  (expense):
  Interest  income                                       -                 -
  Interest expense                                      (320)              -
  Loss on investment in Temporary Business
     Acquisition                                         -                 -
                                              ---------------   ---------------
Total  other  income  (expense)                         (320)              -


Net  Loss                                     $      (48,741)   $       (3,893)
                                              ===============   ================

Basic weighted average common shares
  Outstanding                                      6,615,464          6,125,097
                                              ===============   ================

Basic  Loss  per  common  share               $       (0.007)   $        (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 ENDED JUNE 30, 2000 and 1999
(Unaudited)

                                                     Three  months  ended
                                              ---------------------------------
                                              June  30,  2000   June  30,  1999
                                              ---------------   ---------------
                                                (Unaudited)        (Unaudited)

CASH  FLOWS  FROM  OPERATING  ACTIVITIES:
Net  Income  (Loss)                           $      (48,741)   $      (3,893)
Adjustments to reconcile net income (loss)
  to net cash used in operating activities:
     Depreciation  and  amortization                  15,480            2,917
     Issuance  of  stock  for  services                  -                -
     Loss on investment in Temporary
        Business  Acquisition                            -                -
     Accrued interest - Shareholders loan                -                -
     Office rent applied to paid in capital              300              -
Changes in Operating assets and liabilities:
     Accounts  Receivable                                -            (42,500)
     Inventory                                         2,270              -
     Other  Current  Assets                            6,000          (53,054)
     Other  Assets                                       207          (31,254)
     Accounts Payable and Accrued Liabilities         74,015           35,000
                                              ---------------   ---------------
Net cash provided by/(used in) operating
  Activities                                          49,531           (92,784)

CASH  FLOWS  FROM  INVESTING  ACTIVITIES:
Purchase  of  Property  and  equipment                (4,600)          (10,000)
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)          (10,000)

CASH  FLOWS  FROM  FINANCING  ACTIVITIES:
Proceeds  from:
  Notes payable, principally related parties             -               2,870
  Share  subscriptions  collected                        -                 -
  Loans  from  Shareholders                              -              20,000
  Issuance  of  stock                                    -                 -
                                              ---------------   ---------------
Net cash provided by/(used in) financing
  Activities                                             -              22,870
                                              ---------------   ---------------
Net increase (decrease) in cash and
  cash  equivalents                                   44,931           (79,914)
Cash and cash equivalents, beginning
  of period                                           10,958            96,802
                                              ---------------   ---------------
Cash and cash equivalents, end of period      $       55,888    $       16,888
                                              ===============   ================

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)
JUNE  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  -  EARNINGS  (LOSS)  PER  SHARE

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




<PAGE>
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS (UNAUDITED)
JUNE  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
$48,741  for  the  three  months  ended  June  30, 2000 (unaudited).  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.

          For  three  months  ended  June  30,  2000  (unaudited)

<TABLE>
                               Marketing
                               and Internet
                               related        Vehicle        Corporate      Consolidated
                               Services       Sales/Lease    and Other      Total
                               -------------  -------------  -------------  -------------
<C>                            <S>            <S>            <S>            <S>
Net sales to external
  customers                    $     67,500   $    264,378   $        -     $    331,878
Intersegment revenues                   -              -              -              -
Segment operating profit (loss)      36,258        (46,318)       (38,681)       (48,741)
Segment  assets                      75,479        178,754         11,215        265,448

</TABLE>










<PAGE>
INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS (UNAUDITED)
JUNE  30,  2000


NOTE  5  -  BUSINESS  SEGMENT  INFORMATION  (CONTINUED):

     For  three  months  ended  June  30,  1999  (unaudited)

<TABLE>
                               Marketing
                               and Internet
                               related        Vehicle        Corporate      Consolidated
                               Services       Sales/Lease    and Other      Total
                               -------------  -------------  -------------  -------------
<C>                            <S>            <S>            <S>            <S>
Net  sales  to  external
  customers                    $    173,752   $        -     $        -     $    173,752
Intersegment  revenues                  -              -              -              -
Segment operating profit (loss)     130,904            -         (134,797)        (3,893)
Segment  assets                     382,100            -          109,726        491,826
</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>

                         INTERACTIVE MULTIMEDIA NETWORK, INC.
                                   FORM 10-QSB
                                  JUNE 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 three months  ended
June 30, 1999 and 2000 was derived from unaudited financial statements which, in
our  opinion, reflect  all  adjustments  (consisting  only of  normal  recurring
adjustments) necessary for a fair presentation.

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

Results  of  Operations

Three  Months  Ended  June  30,  2000  and  1999

During the three month period ended June 30, 2000, the  Company's  revenues were
$331,878 compared to  $173,752 for the same  period ended June 30,1999.  For the
three months  ended  June 30, 2000,  the Company's  principal source of  revenue
consisted  of  revenue  derived  from  vehicle  sales  made  by its  subsidiary,
AutoSmart, compared with the  same period ended June 30, 1999  during  which the
Company's primary source of revenue was marketing and Internet related services.
Cost of Revenue increased from $ 16,133 for the three months ended June 30, 1999
 to  $211,843  for   the  same  period  in  2000 primarily  due to difference in
the types and quantity  of vehicles being  sold by AutoSmart USA which  includes
the cost of Company owned vehicles sold and sales related commissions.

Operating  expenses  for  the  three  months  ended  June 30, 2000  increased by
$6,944  from  the  same period in 1999, going from $161,512 for the three months
ended  June  30,  1999  to  $168,456  for the same period in 2000.








<PAGE>
                         INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
                                   FORM  10-QSB
                                  JUNE  30,  2000

The  Company,  and  its  subsidiaries,  had  a  net  loss  of  $48,741  for  the
three  months  ended   June  30,  2000  and  $3,893   for  the  same  period  of
1999.  The  loss  for  the  period  in  1999  was  attributable to the loss from
the  business  activities  of  AutoSmart USA.


Liquidity  and  Capital  Resources

The  Company's  cash  position  increased  from $10,958 as of  March 31, 2000 to
$55,888  on  June  30,  2000.

The  Operating  Activities  of  the  Company  provided $49,531  during the three
months ended  June  30,  2000  versus  the  operating  activities  using $92,784
during the  same period in 1999.  This  difference was predominately caused by a
decrease in Other Current Assets  as well as an increase in Accounts  Payable in
the current period.

The  Company  used  $4,600  in  investing  activities  during  the  three months
ended June  30,  2000  versus  the  use  of $10,000  during  the same  period in
1999.

The  Company  generated zero cash  from  financing  activities during  the three
month period  ended  June 2000 versus  the same period  in 1999 when the Company
generated $22,870 through loans from shareholders and related parties.

The  Company's  operations  are  not  generating sufficient cash to maintain its
present  operations.  During  2000, monthly expenses have averaged approximately
$30,000.  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 increased its marketing
activity  in  an  effort  to generate more sales volume in the auto arena, which
could  contribute  cash  to  cover  some of the monthly operating expenses.  The
company  is  also  reviewing  all  non-essential activities and expenditures and
will  attempt  to  curtail  these  items  to assist in reducing the cash used in
operating  activities.  At  a  lower  "burn  rate" we believe we can continue to
provide  our  current  level  of  operations.

Additionally, the Company is seeking funding to increase its working capital for
the  AutoSmart USA 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.

















<PAGE>
                         INTERACTIVE  MULTIMEDIA  NETWORK,  INC.
                                   FORM  10-QSB
                                  JUNE  30,  2000
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:  May 24, 2001

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