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

                                 FORM 10-QSB/A

               X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                For the quarterly period ended December 31, 1999

                   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 December 31, 1999: 15,924,492.

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

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

CURRENT ASSETS

    Cash and cash equivalents                                              $    599,841    $  8,136,585
    Accounts receivable                                                         669,395         169,217
    Inventories                                                               5,985,737       1,286,539
    Prepaid expenses                                                            323,085          44,475
                                                                           ------------    ------------

                   Total current assets                                       7,578,058       9,636,816

PROPERTY AND EQUIPMENT, AT COST

    Machinery and equipment                                                     371,104          87,830
    Furnishings                                                                 176,327          67,634
                                                                           ------------    ------------
                                                                                547,431         155,464
       Less accumulated depreciation                                             56,469          27,969
                                                                           ------------    ------------
                                                                                490,962         127,495

OTHER ASSETS                                                                    804,638         901,336
                                                                           ------------    ------------

                                                                           $  8,873,658    $ 10,665,647
                                                                           ============    ============

      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

    Accounts payable                                                       $  1,732,620    $    113,356
    Accrued expenses                                                            477,514         788,797
    Deferred income                                                             247,792            --
    Notes payable to officers and directors                                     500,000            --
                                                                           ------------    ------------

                   Total current liabilities                                  2,957,926         902,153

LONG-TERM DEBT                                                                     --              --

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, 15,924,492 shares at December 31, 1999 and
       15,772,823 shares at June 30, 1999                                         1,592           1,577
    Additional paid-in capital                                               18,430,967      17,693,743
    Accumulated deficit                                                     (20,304,327)    (15,719,326)
                                                                           ------------    ------------
                                                                              6,128,232       9,975,994
    Less 200,000 shares of common stock in treasury - at cost                  (212,500)       (212,500)
                                                                           ------------    ------------
                                                                              5,915,732       9,763,494
                                                                           ------------    ------------

                                                                           $  8,873,658    $ 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      Six Months      Six Months
                                                         Ended          Ended           Ended           Ended
                                                  December 31,   December 31,    December 31,    December 31,
                                                          1999           1998            1999            1998
                                                 ------------    ------------    ------------    ------------
<S>                                              <C>             <C>             <C>             <C>


Net sales                                        $    119,395    $     60,127    $    256,549    $    248,559
Cost of sales                                          75,662          27,346         174,027          94,066
                                                 ------------    ------------    ------------    ------------

       Gross profit                                    43,733          32,781          82,522         154,493

Selling, general and administrative expenses        3,117,184         965,674       4,757,284       1,580,265
                                                 ------------    ------------    ------------    ------------

       Operating  (loss)                           (3,073,451)       (932,893)     (4,674,762)     (1,425,772)

Interest income                                        18,882            --            95,314            --
Interest expense                                       (5,530)        (26,585)         (5,553)        (72,757)
                                                 ------------    ------------    ------------    ------------

           (Loss) from continuing operations       (3,060,099)       (959,478)     (4,585,001)     (1,498,529)

Loss from discontinued operations                        --          (621,786)           --        (1,780,392)
Gain on disposal of discontinued operations              --              --              --         1,905,494
                                                 ------------    ------------    ------------    ------------

       Net (loss)                                $ (3,060,099)   $ (1,581,264)   $ (4,585,001)   $ (1,373,427)
                                                 ============    ============    ============    ============

Earnings (loss) per share - basic and diluted:

    From continuing operations                          $(.19)         $(.14)           $(.29)          $(.23)
                                                        =====          =====            =====           =====
    From discontinued operations                        $--            $(.09)           $--             $ .02
                                                        =====          =====            =====           =====
    (Loss) per share                                    $(.19)         $(.23)           $(.29)          $(.21)
                                                        =====          =====            =====           =====


Weighted average shares outstanding                15,841,569       6,802,000      15,824,903       6,498,231
                                                 ============    ============    ============    ============

</TABLE>


                       See notes to financial statements.

                                       -2-

<PAGE>

<TABLE>

<CAPTION>


MAX INTERNET COMMUNICATIONS, INC.
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)
SIX MONTHS ENDED DECEMBER 31, 1999

                                                                    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            126,669             12           --             --          506,664           --              --

Stock options issued                --             --             --             --           96,188           --              --

Shares issued in payment
  of liabilities                  25,000              3           --             --          134,372           --              --

Net Loss                            --             --             --             --             --       (4,585,001)           --
                            ------------   ------------   ------------   ------------   ------------   ------------    ------------

Balances at December 31,
 1999                         15,924,492   $      1,592         80,000   $  8,000,000   $ 18,430,967   $(20,304,327)   $   (212,500)
                            ============   ============   ============   ============   ============   ============    ============


</TABLE>





                       See notes to financial statements.

                                       -3-




<PAGE>

<TABLE>

<CAPTION>

MAX INTERNET COMMUNICATIONS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                                           Six months ended
                                                                            December 31,
                                                                         1999           1998
                                                                    -----------    -----------
<S>                                                                 <C>            <C>

Cash flows from operating activities
    Net earnings  (loss)                                            $(4,585,001)   $(1,373,427)
    Gain from discontinued operations                                      --         (125,102)
    Adjustments to reconcile net earnings (loss) to net cash
       used in operating activities:
          Depreciation and amortization                                 171,127        373,795
          Stock options issued for services                              96,188           --
          Change in operating assets and liabilities:
              Prepaid expenses                                         (281,735)      (405,145)
              Receivables                                              (500,178)      (100,699)
              Inventories                                            (4,699,198)      (106,286)
              Other assets                                              (42,804)        69,824
              Accounts payable and accrued expenses                   1,690,148         44,384
                                                                    -----------    -----------

                 Net cash used in continuing operations              (8,151,453)    (1,622,656)
    Net cash used by discontinued operations                               --         (656,885)
                                                                    -----------    -----------
                 Net cash used in operating activities               (8,151,453)    (2,279,541)

Cash flows from investing activities
    Purchase of property and equipment                                 (391,967)       (57,522)

Cash flows from financing activities
    Sales of common stock                                               506,676        555,000
    Borrowings on notes payable to stockholders                         500,000           --
                                                                    -----------    -----------

                 Net cash provided by financing activities            1,006,676        555,000
                                                                    -----------    -----------

Net decrease in cash                                                 (7,536,744)    (1,782,063)

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

Cash and cash equivalents at end of period                          $   599,841    $    (7,972)
                                                                    ===========    ===========


Noncash financing activities:

    Issuance of common stock or options in payment of liabilities   $   230,563    $    56,250
                                                                    ===========    ===========

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

    Conversion of Series B preferred stock                          $      --      $   145,000
                                                                    ===========    ===========


</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 six-month and three-month
    periods  ended  December  31,  1999 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.

 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.

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

                                      -5-

<PAGE>


MAX INTERNET COMMUNICATIONS, INC.
NOTES TO FINANCIAL STATEMENTS

    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.

NOTE D - RESTATEMENT

    The Company  previously  reported  sales for the six and three  months ended
    December 31, 1999 in the amount of $10,770,240 and $8,133,086, respectively.
    The majority of these reported  sales were from the Brazilian  subsidiary to
    purported  customers in South  America,  and were  recorded in reliance upon
    documentation that was later found to be falsified.  South American sales in
    both the  first  and  second  quarters  are being  reversed  following  this
    discovery.











                                      -6-

<PAGE>


MAX INTERNET COMMUNICATIONS, INC.

ITEM 2.  Management's discussion and analysis.

Results of Operations

Six and three  months ended  December 31, 1999  compared to six and three months
ended December 31, 1998

Net Sales

Net sales from  continuing  operations  were  $256,549  for the six months ended
December  31,  1999,  an increase of $7,990 over the $248,559 for the six months
ended  December  31,  1998.  Net sales were  $119,395 for the three months ended
December 31, 1999,  an increase of $59,268 over the $60,127 for the three months
ended December 31, 1998.  Recognition of sales to certain  distributors has been
deferred until such time as the product moves through the distribution  channels
to the distributors' customers.

Sales  activity was still in the early stages at December 31, 1999.  The company
has  discontinued  the businesses that were the primary  operations in the prior
year and  restructured its business plan to direct all resources to its MAX i.c.
Live product. The marketing of the MAX i.c. Live product was in its early stages
during the six months  ended  December  31,  1999.  As of December  31, 1999 the
marketing  plan and materials are complete,  and the first print ads appeared in
November 1999. Contract  negotiations for sales of the MAX i.c. Live product 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 201% to $4,757,284 for
the six months ended December 31, 1999 from  $1,580,265 for the six months ended
December 31, 1998;  and increased  223% to $3,117,184 for the three months ended
December 31, 1999 from  $965,674  for the three months ended  December 31, 1998.
This  increase is due to  significant  increases in  advertising,  marketing and
selling expenses  related to the MAX i.c. Live product,  as well as 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 $95,314 and $18,882,  respectively, for the six and three
months ended  December 31, 1999 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 six and three  months  ended
December 31, 1998 of $72,757 and $26,585,  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.

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.

Restatement

The  Company  previously  reported  sales  for the six and  three  months  ended
December 31, 1999 in the amount of $10,770,240 and $8,133,086, respectively. The
majority of these reported sales were from the Brazilian subsidiary to purported
customers in South  America,  and were recorded in reliance  upon  documentation
that was later found to be falsified. South American sales in both the first and
second quarters are being reversed following this discovery.

Management of the Brazilian unit has been dismissed and the company is reviewing
available legal action.

Effective December 31, 1999 MAX sold the stock of Brasil to Brasil's management.
Upon learning of the misrepresentations of the Brazilian director, MAX rescinded
the sale of Brasil and again owns 100% of the stock of this subsidiary.  MAX has
hired a new managing  director in Brasil,  and is currently in negotiations with
various  parties to complete  the sale and  delivery of the MAX i.c.  Live cards
that are in our warehouses in Brazil.  However, there is no assurance that these
sales will be  consummated.  Brasil is included as a wholly-owned  subsidiary in
these financial statements for the entire period.

Liquidity and Capital Resources

Cash and cash equivalents  decreased $7,536,744 in the six months ended December
31, 1999. Net cash used in operating  activities for the period was  $8,151,453.
This cash used in  operating  activities  primarily  consisted  of  increases in
receivables  of $500,178,  inventories  of  $4,699,198  and prepaid  expenses of
$281,735;  offset by an  increase in  accounts  payable and accrued  expenses of
$1,690,148. 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.  Cash used in investing  activities
consisted of  approximately  $392,000 in  purchases  of property and  equipment.
Financing activities generated approximately $1,007,000,  consisting of $507,000
of sales of  common  stock  and  $500,000  of  borrowings  from  two  officer  /
directors.

Working  capital at December  31, 1999  decreased  by 47%,  to  $4,620,132  from
$8,734,663  at June 30,  1999.  This was caused  primarily  by the losses of the
company during that period. Due to 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  anticipates  it will  need  additional  working  capital
resources.  To this end, in February 2000 the company finalized a private equity
investment  that has  provided  net  proceeds  to the  company of  approximately
$6,500,000 in cash. In addition,  the investor has an option to acquire  400,000
additional shares for $4,000,000 in cash. There is no assurance that its working
capital, combined with the private equity investment, will be sufficient to fund
inventory and  receivable  increases and meet ongoing  overhead  expenses,  plus
pursue an aggressive  advertising and marketing  campaign for the MAXpc product.
Therefore, the company may need to raise additional funds through equity or debt
offerings in the future.





                                      -8-

<PAGE>


MAX INTERNET COMMUNICATIONS, INC.

Management's discussion and analysis - continued

Year 2000

The company began an internal  assessment of its Year 2000  preparedness  in the
early months of 1998, through a review of all equipment and software. Any issues
found were  addressed  through  software  and hardware  updates  provided to our
company by the software and/or hardware vendors.  These updates were provided at
minimal cost.

The company  also  contacted  its major  component  suppliers  and its  contract
manufacturers. None indicated that it anticipated any material internal risks.

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.
















                                      -9-

<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.  As yet,  this case has not yet  reached the
       discovery stage. 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

            None

                                   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







                                      -10-