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

                                   FORM 10-QSB

               [X] QUARTERLY REPORT UNDER 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 Exchange Act.

                         COMMISSION FILE NUMBER 0-28631

                             1 SOLUTION CORPORATION
                     --------------------------------------
        (EXACT NAME OF SMALL BUSINESS ISSUER AS SPECIFIED IN ITS CHARTER)

                    DELAWARE                             95-4737484
                    --------                             ----------
         (STATE OR OTHER JURISDICTION OF              (I.R.S. EMPLOYER
          INCORPORATION OR ORGANIZATION)             IDENTIFICATION NO.)

            14724 VENTURA BOULEVARD, SUITE 2, SHERMAN OAKS, CA 91403
        ----------------------------------------------------------------
                    (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

                                 (818) 971-5100
                                 --------------
                           (ISSUER'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
                             ---      ---

     As of May 8, 2000,  there were 375,000  shares of Common Stock,  $0.001 par
value, of the issuer outstanding.

            Transitional Small Business Disclosure Format (check one)

                         YES       NO  X
                             ---      ---

<PAGE>


                             1 SOLUTION CORPORATION
                         (A DEVELOPMENT STAGE COMPANY)

                                      INDEX

         PART I. FINANCIAL INFORMATION                            PAGE NUMBER

           Item 1. Financial Statements

            BALANCE SHEET AS OF MARCH 31, 2000                         2

            STATEMENTS OF OPERATIONS FOR THE THREE
            MONTHS ENDED MARCH 31, 2000 AND FOR THE
            PERIOD FROM JULY 21, 1998 (INCEPTION) TO
            MARCH 31, 2000                                             3

            STATEMENTS OF CASH FLOWS FOR THE THREE
            MONTHS ENDED MARCH 31, 2000 AND FOR THE
            PERIOD FROM JULY 21, 1998 (INCEPTION) TO
            MARCH 31, 2000                                             4

            NOTES TO FINANCIAL STATEMENTS                              5-7


           Item 2. Management's Discussion and Analysis of
                    Financial Condition and Results of Operations      8

         PART II. OTHER INFORMATION

           Item 6. Exhibits and Reports filed on Form 8-K              8

                        Signatures                                     9

                                       1

<PAGE>

PART I.         FINANCIAL INFORMATION

Item 1.         Financial Statements

                             1 SOLUTION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET

                                     ASSETS
                                                                   March 31,
                                                  December 31,        2000
                                                     1999         (unaudited)
                                                --------------    -------------

TOTAL ASSETS                                  $     -           $    -
------------                                    =============     =============



                    LIABILITIES AND STOCKHOLDERS' DEFICIENCY

LIABILITIES
  Loan payable to stockholder                 $          95     $       8,245
                                                -------------     -------------

  TOTAL LIABILITIES                                      95             8,245
                                                -------------     -------------

STOCKHOLDERS' DEFICIENCY

  Preferred stock, $0.001 par value
   8,000,000 shares authorized,
   none issued and outstanding                           -               -
  Common stock, $0.001 par value
   100,000,000 shares authorized,
   375,000 issued  and outstanding                      375               375
  Additional paid-in capital                            625               625
  Accumulated deficit during
   development stage                                 (1,095)           (9,245)
                                                -------------     -------------

TOTAL STOCKHOLDERS' DEFICIENCY                          (95)           (8,245)
                                                -------------     -------------

TOTAL LIABILITIES AND
----------------------
STOCKHOLDERS' DEFICIENCY                      $       -         $       -
------------------------                        =============     =============


          See accompanying notes to financial statements

                                       2
<PAGE>


                             1 SOLUTION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF OPERATIONS
                                   (UNAUDITED)


                                          JULY 21, 1998        FOR THE THREE
                                         (INCEPTION) TO         MONTHS ENDED
                                         MARCH 31, 2000        MARCH 31, 2000
                                        ----------------      ----------------

REVENUES                               $       -             $       -
                                         ---------------       ---------------

EXPENSES

  Accounting fees                                2,500                 2,000
  Bank charges                                      95               -
  Legal fees                                     3,500                 3,000
  Office & postage expense                         750                   750
  Rent                                           2,400                 2,400
                                         ---------------       ---------------

NET LOSS                               $        (9,245)      $        (8,150)
--------
                                         ===============       ===============

  Net loss per share - basic
  and diluted                          $       (0.0426)      $       (0.0217)
                                         ===============       ===============

  Weighted average number of
  shares outstanding  during
  the period - basic and
  diluted                                      217,137               375,000
                                         ===============       ===============








          See accompanying notes to financial statements

                                       3

<PAGE>


                             1 SOLUTION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)





                                         JULY 21, 1998          FOR THE THREE
                                         (INCEPTION) TO          MONTHS ENDED
                                         MARCH 31, 2000         MARCH 31, 2000
                                       -------------------     -----------------
Cash flows from operating
activities
  Net loss                            $           (9,245)    $          (8,150)
  Adjustments to reconcile net
  loss to net cash  used in
  operating activities:                         -                     -
                                       -------------------     -----------------
Net cash used in operating                        (9,245)               (8,150)
  activities
                                       -------------------     -----------------

Cash flows from financing
activities
  Proceeds from issuance of
  common stock                                     1,000              -
  Loan proceeds from stockholder                   8,245                 8,150
                                       -------------------     -----------------

Net cash provided by financing
activities                                         9,245                 8,150
                                       -------------------     -----------------

Net increase in cash                            -                     -

Cash and cash equivalents -
Beginning                                       -                     -
                                       -------------------     -----------------

Cash and cash equivalents -
ending                               $          -            $        -
                                       ===================     =================








          See accompanying notes to financial statements

                                       4

<PAGE>


                             1 SOLUTION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2000

NOTE  1    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

           (A)Organization and Description of Business

              1  Solution   Corporation  (a  development   stage  company)  (the
              "Company") was  incorporated  in the State of Delaware on July 21,
              1998  to  serve  as a  vehicle  to  engage  in  an  internet-based
              business. At March 31, 2000, the Company had not yet commenced any
              revenue-generating  business operations,  and all activity to date
              relates to the  Company's  formation,  proposed  fund  raising and
              business plan development.

              The Company's ability to commence revenue-generating operations is
              contingent  upon its ability to implement  its  business  plan and
              raise the additional  capital it will require through the issuance
              of  equity  securities,  debt  securities,  bank  borrowings  or a
              combination thereof.

           (B) Basis of Presentation

              The accompanying  unaudited consolidated financial statements have
              been prepared in accordance  with  generally  accepted  accounting
              principles  and the rules and  regulation  of the  Securities  and
              Exchange  Commission for interim financial  information  necessary
              for a comprehensive presentation of financial position and results
              of operations.

              In  Management's  opinion,  however that all material  adjustments
              (consisting of normal recurring  adjustments) have been made which
              are necessary for a fair  financial  statement  presentation.  The
              results for the interim period are not  necessarily  indicative of
              the results to be expected for the year.

              In addition,  the accompanying financial statements do not include
              the  statement  of  operations  or cash flows for the three months
              ended March 31, 1999 since the  Company was  inactive  during this
              period.

              For further  information,  refer to the financial  statements  and
              footnotes  included in the Company" Form 10-KSB for the year ended
              December 31, 1999.

                                       5

<PAGE>

                             1 SOLUTION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2000

           (C) Use of Estimates

              In preparing  financial  statements in conformity  with  generally
              accepted  accounting  principles,  management  is required to make
              estimates  and  assumptions  that affect the  reported  amounts of
              assets and liabilities and the disclosure of contingent assets and
              liabilities  at the date of the financial  statements and revenues
              and expenses  during the reported  period.  Actual  results  could
              differ from those estimates.

           (D) Cash and Cash Equivalents

              For purposes of the cash flow  statements,  the Company  considers
              all highly liquid  investments  with original  maturities of three
              months or less at time of purchase to be cash equivalents.

           (E) Income Taxes

              The  Company   accounts  for  income  taxes  under  the  Financial
              Accounting  Standards  Board  Statement  of  Financial  Accounting
              Standards  No.  109.  "Accounting  for Income  Taxes"  ("Statement
              No.109").  Under  Statement  No.  109,  deferred  tax  assets  and
              liabilities  are  recognized  for  the  future  tax   consequences
              attributable  to  differences   between  the  financial  statement
              carrying  amounts of  existing  assets and  liabilities  and their
              respective  tax basis.  Deferred  tax assets and  liabilities  are
              measured  using  enacted  tax rates  expected  to apply to taxable
              income  in the  years in which  those  temporary  differences  are
              expected to be  recovered  or settled.  Under  Statement  109, the
              effect on deferred tax assets and  liabilities  of a change in tax
              rates is  recognized  in income in the period  that  includes  the
              enactment  date.  There  were no current  or  deferred  income tax
              expenses  or benefits  due to the Company not having any  material
              operations for the three months ended March 31, 2000.

           (F) Loss Per Share

             Net loss per common share for the three months ended March 31, 2000
             and for the period from July 21, 1998 (inception) to March 31, 2000
             is  computed   based  upon  the  weighted   average  common  shares
             outstanding  as defined by Financial  Accounting  Standards No. 128
             "Earnings  Per  Share".  There  were no  common  stock  equivalents
             outstanding at March 31, 2000.

                                       6

<PAGE>

                             1 SOLUTION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2000

NOTE  2    LOAN PAYABLE TO STOCKHOLDER

           The  loan  payable  to  stockholder  is a  non-interest-bearing  loan
           payable to PageOne Business  Productions,  LLC. The amount is due and
           payable on demand.

NOTE  3    STOCKHOLDERS' DEFICIENCY

           The Company was originally authorized to issue 2,000 shares of common
           stock at $.01 per share par  value.  The  Company  issued 900 and 100
           shares to AppleTree  Investment  Company,  Ltd. and PageOne  Business
           Productions, LLC, respectively.

           Management  subsequently  filed  an  amendment  to  the  articles  of
           incorporation with the State of Delaware,  which increased the number
           of authorized common shares to 100,000,000, effected a 375 to 1 split
           of the 1,000  previously  issued common shares and created  8,000,000
           authorized  shares of preferred stock, of which the issuance,  rights
           and  other  terms  are to be  determined  by the  Company's  Board of
           Directors. In addition, the par value of the common stock was changed
           to $0.001 per share and the par value of the new preferred  stock was
           set at $0.001 per share.

           The financial statements at March 31, 2000 gives effect to the common
           stock split, new authorized share amounts,  and par values enumerated
           in the amended certificate of incorporation. As of March 31, 2000, no
           preferred shares have been issued.

NOTE  4    GOING CONCERN

           As reflected in the accompanying  financial  statements,  the Company
           has accumulated  losses of $9,245,  a working  capital  deficiency of
           $8,245  and has  not  generated  any  revenues  since  it has not yet
           implemented its business plan. The ability of the Company to continue
           as a going  concern is  dependent on the  Company's  ability to raise
           additional  capital and  implement its business  plan.  The financial
           statements do not include any adjustments  that might be necessary if
           the Company is unable to continue as a going concern.

           The Company  intends to implement  its  business  plan and is seeking
           funding  through  the  private   placement  of  its  equity  or  debt
           securities or may seek a  combination  with another  company  already
           engaged in its proposed  business.  Management  believes that actions
           presently  being  taken  provide the  opportunity  for the Company to
           continue as a going concern.

                                       7

<PAGE>


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

RESULTS OF OPERATIONS

     The following  discussion  and analysis below should be read in conjunction
with the financial statements,  including the notes thereto, appearing elsewhere
in this report. For the period since inception (July 21, 1998) through March 31,
2000,  during the Company's  development  stage, the Company has no cash and has
generated a net loss of ($9,245).

FINANCIAL CONDITION AND LIQUIDITY

     The Company has a working  capital  deficiency of $8,245 and has an ongoing
need to finance its  activities.  To date,  the  Company  has funded  these cash
requirements  by  offering  and selling  its Common  Stock,  in addition to cash
advances from its current stockholders,  and has issued 375,000 shares of Common
Stock for net proceeds of $1,000.00.  The Company  expects to fund its immediate
needs  through  private  placements  of its  securities  and may seek a suitable
business  combination.  Operating  costs for the current period were funded by a
loan from a stockholder.

PLAN OF OPERATION

     The Company has  registered a dot.com name and has  determined it can begin
conducting its business with limited financing that it has arranged.


PART II   OTHER INFORMATION

Item 6. Exhibits and Reports filed on Form 8-K

       (a)      Exhibits

       Exhibit No.     Description
       ----------      -----------
           27          Financial Data Schedule


       (b)      Reports on Form 8-K

                    None.




                                        8

<PAGE>


                                   SIGNATURES
                                   ----------

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

                                        1 SOLUTION CORPORATION
                                        ----------------------
                                        Registrant


 May 15, 2000                      By:      /s/ James P. Walters
 ------------                           --------------------------------
                                             James P. Walters
                                             Chief Financial Officer
                                             (Principal Financial Officer)





                                        9
<PAGE>


                                  EXHIBIT INDEX


Exhibit No.                Description
----------                 -----------
    27                     Financial Data Schedule