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 September 30, 2003

[ ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934 for the transition period from _______ to _______

     COMMISSION FILE NUMBER: 000-28657
     ---------------------------------

                              PEOPLESWAY.COM, INC.
                              --------------------
        (Exact name of small business issuer as specified in its charter)


          Nevada                                   87-0374559
          ------                                   ----------
(State or other jurisdiction of                 (IRS Employer
incorporation or organization)               identification No.)


             2969 Interstate Street, Charlotte, North Carolina 28208
             -------------------------------------------------------
                    (Address of principal executive offices)

                                 (704) 393-7591
                                 --------------
                           (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 [ ]

Number  of  shares  of  common  stock  outstanding  as  of  September  30, 2003:
15,134,306.


Number of shares of preferred stock outstanding as of September 30, 2003: None












                              INDEX TO FORM 10-QSB
                              --------------------

                                                             Page No.
                                                             --------
PART I
------

Item 1.     Financial Statements (Unaudited)

            Balance Sheet -September 30, 2003                    3

            Statements of Operations - Three and Six months
            Ended September 30, 2003 and 2002                    4

            Statements of Cash Flows - Six months Ended
            September 30, 2003 and 2002                          5

            Notes to Financial Statements                      6-7

Item 2.     Management's Discussion and Analysis of
            Financial Condition And Results of Operations      7-9

Item 3.     Quantitative and Qualitative Disclosures About
            Market Risk                                          9

Item 4.     Controls and Procedures                              9

PART II
-------

Item 1.     Legal Proceedings                                   10

Item 2.     Changes in Securities                               10

Item 3.     Defaults Upon Senior Securities                     10

Item 4.     Submission of Matters to a Vote of Security
            Holders                                             10

Item 5.     Other Information                                   10

Item 6.     Exhibits and Reports on Form 8-K                    10









<TABLE>
<CAPTION>


                                PEOPLESWAY.COM, INC.
                                   BALANCE SHEETS
                               AS OF SEPTEBER 30, 2003
                                       (Unaudited)
<S>                                                             <C>
                                                                September 30, 2003
ASSETS                                                          --------------------
--------------------------------------------------------------
CURRENT ASSETS:
--------------------------------------------------------------
Cash and cash equivalents. . . . . . . . . . . . . . . . . . .  $                40
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . .              103,654
                                                                --------------------
TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . . . . . .              103,694
                                                                --------------------

FIXED ASSETS:
--------------------------------------------------------------
Furniture and office equipment . . . . . . . . . . . . . . . .               16,321
Accumulated depreciation . . . . . . . . . . . . . . . . . . .              (11,285)
                                                                --------------------
NET FIXED ASSETS . . . . . . . . . . . . . . . . . . . . . . .                5,036
                                                                --------------------
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . . . . . .  $           108,730
                                                                --------------------

LIABILITIES AND STOCKHOLDERS' DEFICIT
--------------------------------------------------------------
CURRENT LIABILITIES:
--------------------------------------------------------------
         Accounts payable and accrued expenses . . . . . . . .  $           106,684
Excess of outstanding checks over bank balance . . . . . . . .                6,127
Deferred revenue - prepaid certificate . . . . . . . . . . . .              198,695
Current portion of notes payable . . . . . . . . . . . . . . .              135,000
Due to Related Parties . . . . . . . . . . . . . . . . . . . .               10,040
                                                                --------------------
TOTAL CURRENT LIABILITIES. . . . . . . . . . . . . . . . . . .              456,546
                                                                --------------------

LONG TERM LIABILITIES:
--------------------------------------------------------------
Notes payable. . . . . . . . . . . . . . . . . . . . . . . . .               13,658
                                                                --------------------
TOTAL LONG TERM LIABILITIES. . . . . . . . . . . . . . . . . .               13,658
                                                                --------------------
TOTAL LIABILITIES. . . . . . . . . . . . . . . . . . . . . . .              470,204
                                                                --------------------

STOCKHOLDERS' DEFICIT:
--------------------------------------------------------------
Common stock ($.001 par value, 100,000,000 shares authorized;
15,134,306 and 15,033,696 issued and outstanding at September
30, 2003 and March 31, 2003, respectively) . . . . . . . . . .               15,134
Additional paid-in-capital . . . . . . . . . . . . . . . . . .              449,577
Retained deficit . . . . . . . . . . . . . . . . . . . . . . .             (826,185)
                                                                --------------------
TOTAL STOCKHOLDERS' DEFICIT. . . . . . . . . . . . . . . . . .             (361,474)
                                                                --------------------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT. . . . . . . . . .  $           108,730
                                                                --------------------
</TABLE>





<TABLE>
<CAPTION>


                                        PEOPLESWAY.COM, INC.
                                STATEMENTS OF OPERATIONS (UNAUDITED)
                   FOR THE THREE AND SIX MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
<S>                               <C>              <C>              <C>              <C>
                                   Three Months     Three Months      Six Months       Six Months
                                       Ended            Ended            Ended            Ended
                                  Sept 30, 2003    Sept 30, 2002    Sept 30, 2003    Sept 30, 2002
REVENUES AND RELATED COSTS:
--------------------------------
Retail sales . . . . . . . . . .  $      209,555   $      320,101   $      479,050   $      776,232
Less:Distributor allowance
on product purchases . . . . . .         (41,720)         (86,221)        (110,634)        (178,783)
                                  ---------------  ---------------  ---------------  ---------------
NET REVENUES . . . . . . . . . .         167,835          233,880          368,416          597,449
                                  ---------------  ---------------  ---------------  ---------------
COST OF RETAIL
SALES. . . . . . . . . . . . . .         (82,956)         (73,901)        (181,551)        (236,338)
                                  ---------------  ---------------  ---------------  ---------------
GROSS PROFIT . . . . . . . . . .          84,879          159,979          186,865          361,111
                                  ---------------  ---------------  ---------------  ---------------

EXPENSES:
--------------------------------
Selling, general and
administrative . . . . . . . . .          97,236          142,084          203,301          379,390
                                  ---------------  ---------------  ---------------  ---------------
TOTAL EXPENSES . . . . . . . . .          97,236          142,084          203,301          379,390
                                  ---------------  ---------------  ---------------  ---------------
OPERATING
INCOME  (LOSS) . . . . . . . . .         (12,357)          17,895          (16,436)         (18,279)
                                  ---------------  ---------------  ---------------  ---------------

OTHER EXPENSES:
--------------------------------
Other revenue. . . . . . . . . .             116            6,560              474           14,060
Interest expense . . . . . . . .          (2,764)          (2,418)          (5,415)          (4,773)
                                  ---------------  ---------------  ---------------  ---------------
NET INCOME (LOSS). . . . . . . .  $      (15,005)  $       22,037   $      (21,377)  $       (8,992)
                                  ===============  ===============  ===============  ===============
  Net income (loss) per share -
  basic and fully diluted. . . .  $          .00   $          .00   $          .00   $          .00
                                  ===============  ===============  ===============  ===============
  Weighted average shares
   outstanding . . . . . . . . .      14,579,573       13,840,968       15,061,946       14,097,200
                                  ===============  ===============  ===============  ===============

</TABLE>






<TABLE>
<CAPTION>




                                     PEOPLESWAY.COM, INC.
                             STATEMENTS OF CASH FLOWS (UNAUDITED)
                     FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2003 AND 2002



<S>                                                                     <C>        <C>
CASH FLOWS FROM OPERATING ACTIVITIES:. . . . . . . . . . . . . . . . .      2003        2002
----------------------------------------------------------------------
Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $(21,377)  $  (8,992)
    Adjustments to reconcile net income (loss) to net cash provided by
    Operating activities:
Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     1,632       1,632
Common stock issued for services . . . . . . . . . . . . . . . . . . .    21,840     133,590
(Increase) decrease in prepaid expenses. . . . . . . . . . . . . . . .       505         622
(Increase) in inventory. . . . . . . . . . . . . . . . . . . . . . . .         0        (607)
Increase (Decrease) in accounts payable and accrued expenses . . . . .    (6,414)     75,963
(Decrease) in excess of outstanding checks over bank balances. . . . .    (1,956)          0
Increase (decrease) in deferred revenue - prepaid certificate. . . . .    (1,388)     (4,978)
(Increase) in due from related parties . . . . . . . . . . . . . . . .         0    (182,700)
                                                                        ---------  ----------
                NET CASH PROVIDED BY OPERATING ACTIVITIES. . . . . . .    (7,158)     14,530
                                                                        ---------  ----------

CASH FLOWS FROM FINANCING ACTIVITIES:
----------------------------------------------------------------------
Proceeds from notes payable. . . . . . . . . . . . . . . . . . . . . .    15,097      18,766
(Payment of) notes payable . . . . . . . . . . . . . . . . . . . . . .    (1,439)     (7,989)
Proceeds from (payments to) related parties. . . . . . . . . . . . . .    (6,500)    (27,849)
                                                                        ---------  ----------
NET CASH (USED IN) FINANCING ACTIVITIES. . . . . . . . . . . . . . . .     7,158     (17,072)
                                                                        ---------  ----------
NET INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS . . . . . . . . . . . . . . . . . . . . . . . . . . .         0      (2,542)
                                                                        ---------  ----------
CASH AND CASH EQUIVALENTS:
BEGINNING OF THE PERIOD. . . . . . . . . . . . . . . . . . . . . . . .        40       2,542
                                                                        ---------  ----------
END OF PERIOD. . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $     40   $       0
                                                                        =========  ==========
SUPPLEMENTARY CASH FLOW INFORMATION OF
NON-CASH FINANCING:

Common stock issued for services . . . . . . . . . . . . . . . . . . .  $ 21,840   $ 133,590
                                                                        =========  ==========


</TABLE>





    The accompanying notes are an integral part of these financial statements

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                              PEOPLESWAY.COM, INC.
                         SEPTEMBER 30, 2003 (UNAUDITED)
ITEM 1.
-------

NOTE 1 - BASIS OF PRESENTATION
------------------------------

     The accompanying unaudited financial statements have been prepared in
accordance with accounting principles for interim financial information and
pursuant to the rules and regulations of the Securities and Exchange Commission.
Accordingly, they do not include all of the information and footnotes required
by accounting principles generally accepted in the U.S. for complete financial
statements. These financial statements should be read in conjunction with the
financial statements and notes for the year ended March 31, 2003 appearing in
the Company's annual report on Form 10-KSB as filed with the Securities and
Exchange Commission.

     In  the  opinion  of management, the unaudited financial statements contain
all  adjustments  consisting  only  of  normal  recurring  accruals  considered
necessary  to  present  fairly the Company's financial position at September 30,
2003  (unaudited),  the results of operations for the three and six months ended
September  30,  2003 and 2002, and cash flows for the six months ended September
30,  2003 and 2002. The results for the six months ended September 30, 2003, are
not  necessarily  indicative of the results to be expected for the entire fiscal
year  ending  March  31,  2004.

NOTE  2  -  GOING  CONCERN
--------------------------

     The Company has suffered recurring losses and has an accumulated deficit of
$826,185 at September 30, 2003. These factors raise substantial doubt about the
Company's ability to continue as a going concern. The Company's continued
existence is dependent upon its ability to resolve its business and liquidity
problems, principally through raising additional capital and increasing its
sales. Management's plans with regard to this matter are to seek additional
capital for operations through either debt or equity and increase sales through
creation of new products and adding additional distribution channels. These
financial statements do not include any adjustments that might result from this
uncertainty.

NOTE  3  -  WRITE-DOWN  OF  RELATED  PARTY  RECEIVABLE
------------------------------------------------------

During  the  three  months  ended  December  31,  2002,  the Company provided an
allowance  of  $343,677  for an uncollectable related party receivable from DRM,
Inc.,  a  company  controlled by our Chairman. We have received notice that DRM,
Inc.  intends  to  fully repay the receivable. However, it has current liquidity
problems  and  insufficient collateral to secure the receivable. As such, we are
reserving  the  entire  balance  to  bad  debt.


ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION
--------

     With the exception of historical facts stated herein, the matters discussed
in this report are "forward looking" statements that involve risks and
uncertainties that could cause actual results to differ materially from
projected results. Any statements that express, or involve discussions as to,
expectations, beliefs, plans, objectives, assumptions or future events or
performance (often, but not always, through the use of words or phrases such as
"likely will result," "are expected to," "will continue," "is anticipated,"
"estimated," "intends," "plans" and "projection") are not historical facts and
may be forward-looking statements and involve estimates and uncertainties which
could cause actual results to differ materially from those expressed in the
forward-looking statements.   Readers of this report are cautioned not to put
undue reliance on "forward looking" statements, which are, by their nature,
uncertain as reliable indicators of future performance. The Company disclaims
any intent or obligation to publicly update these "forward looking" statements,
whether as a result of new information, future events, or otherwise. In addition
the uncertainties include, but are not limited to competitive conditions
involving E-commerce, and the sales of cosmetics, beauty products over the
Internet.

General  Description  of  Business
----------------------------------

 Peoplesway.Com,  Inc.  ("Peoplesway")  is  an  electronic commerce and Internet
services  company  that  maintains  an Internet destination called "Peoplesway,"
located at www.peoplesway.com. The Peoplesway Web site offers goods and services
for sale, including: cosmetics and beauty products, and health supplements which
can  be  obtained  directly  through  the  Web  site, or by calling our customer
service  team  members.  The  majority  of  our goods and services are available
through  an  alliance with DRM, Inc., a related party, and its member network of
approximately  14,000  independent  contractors  who  may  purchase  and  sell
Peoplesway  products  and  services  through  the use of our Web site. We do not
retain  an  inventory  of  any  product  we  sell.  Payment  comes  directly  to
Peoplesway  from  customers through a secure Internet server that accepts credit
card  transactions. We then forward these orders to DRM, who then will drop ship
products  to  customers  as  orders  are  received  by  Peoplesway.

RESULTS OF OPERATIONS
---------------------

For  the  Three  and  Six  months  Ended  September  30,  2003  and  2002.

Retail  Sales  and  Net  Revenues
---------------------------------

          Retail  sales  and  net  revenues  for  the three and six months ended
September  30,  2003  were  $209,555  and $479,050 versus $320,101 and $776,232,
respectively,  for  the  comparable  period  in 2002, a decrease of 35% and 38%,
respectively.  This  decrease  in net revenues was primarily attributable to the
Company's  loss  of  a key member of our direct sales leadership team (which has
historically  contributed approximately 40% to 50% of our sales), due to illness
and  the  focus on three core products. Net revenues consisted of product sales,
monthly  service  fees  and  business  aid  sales.

Cost  of  Sales
---------------

          One of the largest factors in the variations in the cost of sales as a
percentage  of  net  revenues  is  the  cost  of  products.

          Cost  of  sales  for the three and six months ended September 30, 2003
were  $82,956  and  $181,551  versus  $73,901  and $236,338 respectively for the
comparable  period  in  2002,  an  increase  of  12%  and  a  decrease  of  21%
respectively. The change was due to the correlation between net revenues to cost
of  sales. Gross profit margins for the three and six months ended September 30,
2003 were approximately 51% and 51% versus 68% and 61% respectively.  The change
was  due  to  an  increase  in  cost  of  products  for  retail  sales.

Expenses
--------

          Selling,  general  and  administrative  expenses for the three and six
months  ended  September 30, 2003 were, $97,236 and $203,301 versus $142,084 and
$379,390  respectively  for the comparable period in 2002, a decrease of 32% and
46%.  These  expenses were lower due a decrease in legal, consulting and related
expenses.

Impact  of  Inflation
---------------------

          We  believe  that  inflation has had a negligible effect on operations
during  the  year.  We  believe that we can offset inflationary increases in the
cost  of  sales  by  increasing  sales  and  improving  operating  efficiencies.

Trends,  Events,  and  Uncertainties
------------------------------------

     Demand  for  our  products will be dependent on, among other things, market
acceptance of the Peopleway.com concept, the quality of our Web site and general
economic  conditions,  which are cyclical in nature. Inasmuch as a major portion
of our activities is the receipt of revenues from the sales of its products, our
business  operations  may be adversely affected by our competitors and prolonged
recessionary  periods.

Liquidity  and  Capital  Resources
----------------------------------

     For  the  Six  months  Ended  September  30,  2003  and  2002.

          Cash  flows  used  in  operations were $7,158 for the six months ended
September  30,  2003 versus cash flows provided by operations of $14,530 for the
same  period  in 2002. This was primarily due to a reduction in the use of stock
for  services  and a reduction of cash to related parties as well as a reduction
in  accounts  payable.  The  Company took a one-time write down of related party
receivables  of  $343,677  in  the  period  ended  December  31,  2002.

          Cash  flows generated from (used in) financing activities were $21,840
for  the  six months ended September 30, 2003 versus $133,590 in the same period
in  2002. The cash flows during the six months ended September 30, 2003 and 2002
reflected  $7,158  and ($17,072) cash flows from (used in) financing activities,
respectively.  This  was  primarily  due  a  reduction  in  payments  to related
parties.

          We  have  funded  our  cash needs from inception through September 30,
2003  with  a  series  of  related  party  debt,  and  equity  transactions.

          We  will  substantially  rely on the existence of revenue from product
sales  over  the  next 12 months. If the projected revenues fall short of needed
capital,  the Company will then need to obtain additional capital through equity
or  debt  financing  to  sustain  operations  for  an  additional  year.

    On  a  long-term basis, liquidity is dependent on continuation and expansion
of  operations,  receipt  of  revenues, additional infusions of capital and debt
financing.  However,  there  can  be no assurance that we will be able to obtain
additional  equity  or debt financing in the future, if at all. If we are unable
to  raise  additional  capital, our growth potential will be adversely affected.
Additionally,  we  will  have  to  significantly  modify  our  plans.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
------
RISK

     We do not have any material risk with respect to changes in foreign
currency exchange rates, commodities prices or interest rates. We do not believe
that we have any other relevant market risk with respect to the categories
intended to be discussed in this item of this report.

ITEM 4. CONTROLS AND PROCEDURES
------

     (a) As of September 30, 2003, senior management made an evaluation of our
disclosure controls and procedures. In our opinion, the disclosure controls and
procedures are adequate because the systems of controls and procedures are
designed to assure, among other items, that 1) recorded transactions are valid;
2) valid transactions are recorded; and 3) transactions are recorded in the
proper period in a timely manner to produce financial statements which present
fairly the financial condition, results of operations and cash flows for the
respective periods being presented. Moreover, the evaluation did not reveal any
significant deficiencies or material weaknesses in our disclosure controls and
procedures.

     (b) There have been no significant changes in our internal controls or in
other factors that could significantly affect these controls since the last
evaluation.


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


Item  1.  Legal  Proceedings
-------

     The  Company  is  not a party to any legal proceedings, nor, to the best of
its  knowledge,  are  any  such  proceedings  threatened  or  contemplated.


Item  2.  Changes  in  Securities
-------

For the quarter ended September 30, 2003, certain consultants were issued 58,210
shares  of  common  stock, in exchange for services rendered. These transactions
were  valued  at  our  closing  stock prices on the dates of issuance of $.10 or
$5,821.00.

Item  3.  Defaults  upon  Senior  Securities
-------

None.

Item  4.  Submission  of  Matters  to  a  Vote  of  Security  Holders
-------

None.

Item  5.  Other  Information
-------

Consulting  agreements  with  Prosperitus  Capital Corp. and Jean-Francios Amyot
were  cancelled,  as  allowed  under  the  terms  of  the  agreements  for
non-performance.

Item  6.  Exhibits  and  Reports  on  Form  8-K
-------
Exhibit 99 Certification of Management


     (a)  Exhibits
          --------
     3     Articles  of  incorporation,  as  amended  and  bylaws  are  hereby
           incorporated  by reference  into Form 10-SB as amended filed
           March 23,  2001.
     10.1  Consulting  agreement  with  Prosperitus  Capital Corp.
           incorporated by reference  into  Form  10-QSB
     10.2  Consulting  agreement  with  Jean-Francois  Amyot*

          *Previously  filed

     (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.

                                        PEOPLESWAY.COM, INC.
                                        (Registrant)


Date:  November 20, 2003                ________________________
                                        /S/Eugene Johnston
                                        Chief Executive Officer