17

                     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  December  31,  2000

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

COMMISSION  FILE  NUMBER:  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) 393-1860
                                 --------------
                           (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
February  12,  2001:  12,932,969














<TABLE>
<CAPTION>

                                      PEOPLESWAY.COM, INC.
                                      --------------------
                                         BALANCE SHEETS
                            AS OF DECEMBER 31, 2000 AND MARCH 31,2000


                                                                 (Unaudited)
ASSETS                                                          DEC. 31, 2000    MARCH 31, 2000
-------------------------------------------------------------
<S>                                                            <C>              <C>
CURRENT ASSETS:
-------------------------------------------------------------
Cash and cash equivalents . . . . . . . . . . . . . . . . . .           3,153   $           636
Due from related parties. . . . . . . . . . . . . . . . . . .          21,068               -0-
Prepaid expenses. . . . . . . . . . . . . . . . . . . . . . .         105,851           101,730
TOTAL CURRENT ASSETS. . . . . . . . . . . . . . . . . . . . .  $      130,072   $       102,366
                                                               ---------------  ----------------


LIABILITIES AND STOCKHOLDERS' DEFICIT
-------------------------------------------------------------

CURRENT LIABILITIES:
-------------------------------------------------------------
Accounts payable and accrued expenses . . . . . . . . . . . .          32,641            19,133
Excess of outstanding checks over bank balance. . . . . . . .          16,365               -0-
Deferred income - prepaid certificate . . . . . . . . . . . .         211,981           196,850
Due to related parties. . . . . . . . . . . . . . . . . . . .             -0-            29,289
TOTAL CURRENT LIABILITIES . . . . . . . . . . . . . . . . . .         260,987           245,272
                                                               ---------------  ----------------

LONG TERM LIABILITIES:
-------------------------------------------------------------
Notes payable . . . . . . . . . . . . . . . . . . . . . . . .         102,152               -0-
Note payable - shareholder. . . . . . . . . . . . . . . . . .           7,000             7,000
TOTAL LONG TERM LIABILITIES . . . . . . . . . . . . . . . . .         109,152             7,000
                                                               ---------------  ----------------
TOTAL LIABILITIES . . . . . . . . . . . . . . . . . . . . . .         370,139           252,272
                                                               ---------------  ----------------

STOCKHOLDERS' DEFICIT:
-------------------------------------------------------------
Common stock ($.001 par value, 100,000,000 shares
authorized; 12,932,969 and 15,607,969 issued and outstanding
at December 31, 2000 and March 31, 2000, respectively). . . .           12933            15,607
Additional paid in capital. . . . . . . . . . . . . . . . . .           1,000             1,000
Retained deficit. . . . . . . . . . . . . . . . . . . . . . .        (256,674)         (166,513)
TOTAL STOCKHOLDERS' DEFICIT . . . . . . . . . . . . . . . . .        (240,067)         (149,906)
                                                               ---------------  ----------------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT . . . . . . . . .  $      130,072   $       102,366
</TABLE>



                    See  Accompanying  Notes  to  Financial  Statements

<TABLE>
<CAPTION>

                                              PEOPLESWAY.COM, INC.
                                              --------------------
                                      STATEMENTS OF OPERATIONS (UNAUDITED)
                         FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2000 AND 1999


<S>                                          <C>              <C>              <C>              <C>
                                                  Three            Three            Nine              Nine
                                              Months Ended     Months Ended     Months Ended      Months Ended
                                             Dec. 31, 2000    Dec. 31, 1999    Dec. 31, 2000    Dec. 31, 1999*
REVENUES AND RELATED COSTS:
-------------------------------------------
Retail sales. . . . . . . . . . . . . . . .  $      318,889   $       69,051   $      777,031   $        96,253
Less: Distributor allowances on
product purchases . . . . . . . . . . . . .         (95,667)         (20,715)        (233,109)          (28,876)
                                                    223,222           48,336          543,922            67,377
                                             ---------------  ---------------  ---------------  ----------------
Other revenue . . . . . . . . . . . . . . .           7,199           38,547           58,627            38,752
NET REVENUES. . . . . . . . . . . . . . . .         230,421           86,883          602,549           106,129
                                             ---------------  ---------------  ---------------  ----------------

COST OF SALES . . . . . . . . . . . . . . .        (117,883)         (64,089)        (348,114)          (89,971)
GROSS PROFIT. . . . . . . . . . . . . . . .         112,538           22,794          254,435            16,158
                                             ---------------  ---------------  ---------------  ----------------

EXPENSES:
-------------------------------------------
Subcontract labor . . . . . . . . . . . . .          18,846              -0-           96,279               -0-
Salaries and related expenses . . . . . . .          48,625           55,639           79,138            60,623
Rent. . . . . . . . . . . . . . . . . . . .          13,933           14,585           38,231            16,565
Telephone . . . . . . . . . . . . . . . . .           8,678           12,899           24,509            13,711
Furniture & equipment rental. . . . . . . .          12,177            9,122           27,554             9,974
Legal & professional expenses . . . . . . .           3,316            6,822           17,123             9,151
Licenses & fees . . . . . . . . . . . . . .             -0-              -0-               85             5,245
Office expenses and supplies. . . . . . . .           6,428           10,949           18,610            10,874
Management fees . . . . . . . . . . . . . .           4,573            4,603           12,989             4,635
Travel, entertainment and promotion . . . .           6,070            4,152           11,112             4,524
Insurance . . . . . . . . . . . . . . . . .           5,335            5,320           10,081             5,546
Utilities . . . . . . . . . . . . . . . . .           1,590            2,374            4,196             2,674
Repairs & maintenance . . . . . . . . . . .             383            2,138            2,016             2,216
TOTAL EXPENSES. . . . . . . . . . . . . . .         130,024          128,603          341,923           145,738
                                             ---------------  ---------------  ---------------  ----------------

NET LOSS. . . . . . . . . . . . . . . . . .  $      (17,486)  $     (105,809)  $      (87,488)  $      (129,580)
                                             ===============  ===============  ===============  ================
  Net Loss per Share -
  basic and fully diluted . . . . . . . . .  $           **   $           **   $           **   $            **
  Weighted Average Shares . . . . . . . . .      12,932,969       15,607,969       13,144,910        14,321,010
                                             ===============  ===============  ===============  ================

*Date of reorganization was August 25, 1999
** Less than $.01
</TABLE>



                 See Accompanying Notes to Financial Statements


<TABLE>
<CAPTION>

                                       PEOPLESWAY.COM, INC.
                                       --------------------
                               STATEMENTS OF CASH FLOWS (UNAUDITED)
                       FOR THE NINE MONTHS ENDED DECEMBER 31, 2000 AND 1999



<S>                                                                          <C>        <C>
                                                                                 2000       1999*
CASH FLOWS FROM OPERATING ACTIVITIES:
---------------------------------------------------------------------------
Net loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $(87,488)  $(129,580)
Adjustments to reconcile net loss to net cash used in operating activities:
Retroactive recapitalization of equity due to reverse acquisition of
public shell and shares adjustment. . . . . . . . . . . . . . . . . . . . .    (2,674)     15,607
(Increase) in prepaid expenses. . . . . . . . . . . . . . . . . . . . . . .    (4,121)    (91,122)
Increase (decrease) in accounts payable . . . . . . . . . . . . . . . . . .    13,508      13,534
Increase in deferred income - prepaid certificate . . . . . . . . . . . . .    15,131     174,037
Increase in outstanding checks over bank balance. . . . . . . . . . . . . .    16,365       1,675
Increase (decrease) in due to related parties . . . . . . . . . . . . . . .   (50,356)     14,849
                                                                             ---------  ----------
NET CASH USED IN OPERATING ACTIVITIES . . . . . . . . . . . . . . . . . . .   (99,635)     (1,000)
                                                                             ---------  ----------


CASH FLOWS FROM FINANCING ACTIVITIES:
---------------------------------------------------------------------------
Proceeds from initial capital contribution. . . . . . . . . . . . . . . . .       -0-       1,000
Proceeds from note payable. . . . . . . . . . . . . . . . . . . . . . . . .   102,152         -0-
                                                                           ----------   ----------
NET CASH PROVIDED BY FINANCING ACTIVITIES . . . . . . . . . . . . . . . . .   102,152       1,000

NET INCREASE IN CASH AND CASH EQUIVALENTS . . . . . . . . . . . . . . . . .     2,517           0
                                                                            ----------   ---------
CASH AND CASH EQUIVALENTS,
BEGINNING OF THE PERIOD . . . . . . . . . . . . . . . . . . . . . . . . . .       636           0

END OF THE PERIOD . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $  3,153   $       0
                                                                             =========  ==========
</TABLE>


*Date  of  reorganization  was  August  25,  1999



                 See Accompanying Notes to Financial Statements










                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                              PEOPLESWAY.COM, INC.
                          December 31, 2000 (UNAUDITED)


ITEM  1.
--------

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

     The  accompanying  unaudited  financial  statements  have  been prepared in
accordance  with  generally accepted 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  generally  accepted  accounting principles for complete
financial  statements.

     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 December 31,
2000 (unaudited) and March 31, 2000, the results of operations for the three and
nine months ended December 31, 2000 and 1999, and cash flows for the nine months
ended December 31, 2000 and 1999. The results for the nine months ended December
31,  2000,  are not necessarily indicative of the results to be expected for the
entire  fiscal  year  ending  March  31,  2001.

NOTE  2  -  EARNINGS  (LOSS)  PER  SHARE
----------------------------------------

The  following  represents  the  calculation  of  earnings  (loss)  per  share:

                      Three         Three         Six           Six
                      Months  Ended Months  Ended Months  Ended Months  Ended
BASIC & FULLY DILUTED Dec. 31,2000  Dec. 31, 1999 Dec.31,  2000 Dec. 31, 1999
-------------------- ------------   ------------- -------------- ------------
Net  Loss          $  (17,486)      $  (105,809)  $  (87,488)   $  (129,580)
Less-  preferred  stock  dividends
                       -0-                 -0-            -0-           -0-
                       ---                 ---            ---           ---

Net  Loss          $  (17,486)      $  (105,809)  $  (87,488)   $  (129,580)

Weighted  average  number
Of  common  shares 12,932,969       15,607,969     13,144,910     14,321,010
                   ----------      -----------     ----------     ----------

Basic     &  Fully  Diluted
loss  per  share   $  **            $  **         $  **         $  **
                   ==========      ===========    ==========    ===========

**  Less  than  $(0.01)


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.  Such  "forward  looking"  statements  include,  but are not
necessarily  limited to, statements regarding anticipated levels of future sales
and  earnings  from  operations  of  the  Company.  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,
flowers,  beauty  and  fragrance  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, health supplements, jewelry,
and  flowers, 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.  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 or other vendors, who
then  will  drop  ship  products to customers as orders are received through our
Peoplesway  Web  sites.

Recent  History
---------------

     Peoplesway, Inc., a closely-held North Carolina corporation incorporated in
August 1999, was acquired by Prospector Energy, Inc. ("Prospector") in a reverse
acquisition,  as  a  wholly-owned subsidiary on September 1, 1999 in a stock for
stock  tax  free  exchange,  whereby  all  outstanding shares of Peoplesway were
exchanged  for  12,500,000  shares  of Prospector.  At inception, Prospector was
authorized to issue 30,000,000 shares of common voting stock, par value one cent
($0.01)  per  share.  Pursuant  to  the  acquisition of Peoplesway and resulting
amendments  to  the  articles  of incorporation, the authorized shares of common
stock  increased  to 100,000,000, the par value was changed to $.001, a 400 to 1
reverse  split  of  Prospector's common stock was effected, resulting in 107,328
shares  being  issued  and outstanding immediately prior to the acquisition, and
the  company  changed its name to Peoplesway.Com, Inc.  Following the conversion
of  a  convertible  debenture,  there  are  an  additional  3,000,000  shares
outstanding,  for  a  total  of  15,607,969  shares of common stock outstanding.
During  November 2000, 2,675,000 of these shares were sent back to the Company's
treasury  and  retired.

     All  references  in  this  document to "Peoplesway", "the Company" or "us",
"we"  or "our", refer to the Nevada parent, formerly known as Prospector Energy,
Inc., and the North Carolina subsidiary. The principal offices of Peoplesway are
located  at  2969  Interstate  Street,  Charlotte, North Carolina 28208, and its
phone  number  is  (704)  393-1860.

Prior  History
--------------

     Peoplesway was organized as a Utah corporation on October 30, 1980, for the
purpose  of  purchasing,  owning,  holding,  selling, disposing of and otherwise
dealing  in  the  oil and gas business and other natural resources.  It became a
public  company through an offering of common stock to residents of the State of
Utah,  pursuant  to an exemption from registration under then-existing Rule 147,
Securities Act of 1933.  Following the offering, Prospector acquired an interest
in  Four Winds Mineral Venture, a Louisiana partnership that held a 66% interest
in  a  Costa  Rican oil and gas company, in exchange for the issuance 11,250,000
shares  of  common  stock.  This acquisition proved unsuccessful, and thereafter
business  operations  ceased  and  the company was dormant from 1983 until 1997,
when  it  actively  began  seeking  a  merger or acquisition candidate, which it
accomplished  in  1999  when  it  entered  into  the  Acquisition Agreement with
Peoplesway. As Prospector never left the development stage and was dormant until
1997,  we  have  re-designated  our  inception  date  to  be  January  1,  1997.

Charter  Amendments
-------------------

The  following  amendments  to  the Articles of Incorporation have been effected
since  we  were  organized:

-     Effected  a  name  change  from Prospector Energy, Inc. to Peoplesway.Com,
Inc.,  effective  September  13,  1999.

-     Effected a 400 to 1 reverse split of the common stock, effective September
22,  1999.

-     Increased  the  authorized  capital  to  100,000,000  shares,  effective
September  22,  1999.

-     Changed  domicile  from  the  State  of  Utah  to  the  State of Nevada on
September  24,  1999.

Copies of the initial Articles of Incorporation, these amendments and the Bylaws
are  attached  hereto  and  incorporated  herein  by  reference.

Internet  Commerce
------------------

     The  Internet  is  a  worldwide  series of interconnected electronic and/or
computer  networks.  Individuals and companies have recently recognized that the
technological  capabilities  of  the  Internet provide a medium for not only the
promotion and communication of ideas and concepts, but also for the presentation
and sale of information, goods and services. According to statistics reported by
the  Computer  Industry  Almanac, there are projected to be 110 million Internet
users  in  the  United States by the end of 1999, and nearly 14 million users in
Canada  by  year-end.  Of  this  number,  approximately  25%  purchase goods and
services  online,  according  to  a December 1999 study by Scarborough Research.

     Historically, the Internet has been accessible principally through personal
computers. Recently, several companies have announced "Web TV" products designed
for  attachment  to  television  sets  for the purpose of allowing access to the
Internet  without  the  need for a personal computer. Although these products do
not  permit  the full range of functions provided by personal computers, they do
permit  many  of  the  features of the Internet to be viewed on television sets.
Management  believes  that the new Web TV products are expected to substantially
increase  the  number  of people who will shop online by accessing the Internet.
Already,  online  purchases have increased 100% in the past year, according to a
November,  1999  study  by  Yankelovich  Partners,  Inc.

     The  term  "Internet  commerce"  encompasses  the  use  of the Internet for
selling  goods  and  services.  The  use  of  the  Internet  as  a marketing and
advertising  tool  is enhanced by the ability to communicate information through
the  Internet  to  a large number of individuals, businesses and other entities.

     Because of the "virtual" nature of electronic commerce, the online presence
for  certain  merchants  can  significantly  reduce  or  eliminate  the costs of
maintaining  a  physical  retail  facility.  Online  merchants  can also achieve
significant  savings  by  eliminating  traditional  product  packaging,  print
advertising and other point of purchase materials. Marketing on the Internet can
be  especially  advantageous  for  smaller  companies  because  it  removes many
physical  and  capital  barriers  to  entry  and serves to level the competitive
playing  field  by allowing smaller companies to effectively compete with larger
companies.

Internet  Security
------------------

     One  of  the  largest  barriers  to  a  potential customer's willingness to
conduct  commerce  over  the  Internet  is the perceived ability of unauthorized
persons  to  access  and use personal information about the user, such as credit
card  account  numbers,  social  security  numbers and bank account information.
Concerns about the security of the Internet include the authenticity of the user
(i.e.,  is  the  user  accurately  identified),  verification  and certification
methods  of  who  these  users are, and privacy protection for access to private
information transmitted over the Internet. However, recent advances in this area
have  greatly  reduced  the  possibility of such unauthorized access or use. IMC
Worldwide,  Inc.  provides our Unix-based computer system and hosts our Web site
and  our independent contractor Web sites, employing state-of-the-art encryption
software  to  ensure  the  privacy and protection of our customers.  We have not
experienced any occasion in which a user's credit card was misappropriated while
transacting  business  on  Peoplesway.

Alliance  with  DRM
-------------------

     The  majority  of  our goods and services are available through an alliance
with  DRM, Inc. and its subsidiaries, RMC Group, Inc. and RMC Group Canada, Ltd.
("DRM").  DRM  began  offering health and beauty products in 1982, and its sales
from  inception have exceeded $250,000,000 from both U.S. and Canada operations.
It  has a member network of approximately 14,000 independent contractors who may
purchase  and  sell  Peoplesway products and services through the use of our Web
site.  Peoplesway  has established agreements with DRM to market and sell to DRM
independent  contractors.  RMC Group, Inc. was established in 1993 and took over
the  distribution  rights  for the United States from DRM.  In 1998 RMC became a
subsidiary  of  DRM.  RMC  Group  Canada,  Ltd.  was  established  in  1987 as a
subsidiary  of  DRM.  It  was  established  to  service  the  Canadian  Market.

Products  and  Services
-----------------------

     Products  and  services  currently  offered  by  Peoplesway  include:

     Health  and  beauty  products.  Peoplesway offers approximately 50 products
through  DRM  from  their  Rose  Marie Collection, including cosmetics, personal
hygiene  products,  skin  care,  hair  care, and bath products. In addition, DRM
supplies  Body Management System nutritional products, including weight loss and
anti-aging  supplements.  DRM manufactures and packages these products through a
licensing  agreement  with  a  health  and  beauty  product  manufacturer.

    Jewelry.  Peoplesway  offers silver and gold chains, earrings, bracelets and
rings,  through  an  agreement  between  DRM  and  a  jewelry  wholesaler.

     Flowers.  Peoplesway also sells fresh flowers and arrangements delivered to
your  door,  through  an  arrangement  with  Proflowers.Com,  Inc.

Marketing  and  Advertising
---------------------------

     By  leveraging  the DRM sales force, we are simultaneously opening Internet
Web  sites  and marketing the current Peoplesway product lines. Each independent
contractor  is  encouraged  by  Peoplesway  and  DRM  to  open a sub-Web site at
Peoplesway.com.  For  example,  John  Doe  would  have  a  site  address  of
www.peoplesway.com/johndoe.  John Doe will advertise his site and will receive a
commission for each sale ordered on his site.  John Doe's only responsibility is
to  advertise  his  site.  Inventory,  shipping, merchant accounts, payments and
customer  service will be handled by Peoplesway its subsidiaries and affiliates.
It  is  envisioned  that thousands of site owners will individually advertise to
thousands  of  Internet shoppers to come and shop at their site.  As of December
31,  2000  there  were  over  600  sub  Web  sites.

Risk  Factors.
--------------

     Additional  Capital  Requirements.

     Peoplesway  has  limited  capital.  Our  primary sales are derived from the
sale  of  a  limited number of goods and services online to limited markets, and
these  sales  are presently dependent upon the services provided by our alliance
with  DRM  and  a small number of employees. If this alliance ends, it is likely
that  we cannot continue as a going concern. We have limited capital to increase
our  sales  force  or  to  expand  operations;  accordingly,  without additional
capital,  growth  will  be  limited.

     Economic  Considerations.

     Any substantial downturn in economic conditions could significantly depress
discretionary  consumer  spending  and  have  a  material  adverse  effect  on
Peoplesway's  business operations.  At any given time, because of the search and
comparison-shopping  capabilities  using  the Internet, it is possible to locate
items  similar  to  that  sold  by  Peoplesway  at  competitive or lower prices.
Inflation  may  also  affect  the  future  availability  of  favorable  terms or
financing  rates  for Peoplesway or its customers, and deflation may also affect
sales  derived  from  these  operations.

     Reliance  on  Existing  Management.

     Peoplesway's  operations  are  primarily  dependent upon the experience and
expertise  of  Donald  R.  "Pete" Monroe, Chairman; Matthew MMonroe, President;
Eugene  M. Johnston, CEO and Secretary/Treasurer; and Julie B. Jordan, Executive
Producer.  The  loss of any of our management may have a material adverse effect
on  our  present  and  contemplated  business  operations.  Our  success is also
dependant  upon  our  ability  to  attract  and  retain  qualified  management,
administrative  and sales personnel to support our anticipated future growth, of
which  there  can  be no assurance.  Peoplesway does not carry key man insurance
upon  the  lives  of  any  of  our  directors  or  executive  officers.

     Reliance  on  Existing  Alliance

      Peoplesway's  operations are primarily dependent upon the existence of the
alliance with DRM and its subsidiaries, and the contracts that exist between DRM
and  vendors. Formal written agreements have been established with DRM and their
subsidiaries  such  that  all  goods  and service, which DRM or its subsidiaries
offer  for  sale,  are  listed on, and for sale through, the Peoplesway website.
However,  the  loss  of this alliance or a downturn in the business of DRM would
have  a  material  adverse  effect  on  our  present  and  contemplated business
operations.

     Lack  of  Dividends.

     We  have  not paid and do not expect to pay any cash dividends with respect
to  our  common  stock  in  the  foreseeable  future.  We presently have limited
revenues  and capital. Without substantial increases in revenues and capital, it
would  be  impossible  to  pay  cash  dividends.

     Limited  Market  for  Common  Stock.

     There is currently a limited trading market for our shares of common stock,
and  there  can be no assurance that a more substantial market will ever develop
or  be maintained.  Any market price for shares of common stock of Peoplesway is
likely  to  be very volatile, and numerous factors beyond our control may have a
significant  adverse  effect.  In  addition,  the  stock  markets generally have
experienced,  and  continue to experience, extreme price and volume fluctuations
which  have  affected the market price of many small capital companies and which
have often been unrelated to the operating performance of these companies. These
broad market fluctuations, as well as general economic and political conditions,
may  also  adversely affect the market price of our common stock. Further, there
is  no  correlation  between  the  present  limited market price of Peoplesway's
common  stock and our revenues, book value, assets or other established criteria
of  value.  The  present  limited  quotations  of our common stock should not be
considered  indicative  of  the  actual value of Peoplesway or our common stock.

     Shares  Eligible  for  Future  Sales.

     Sales  of  unrestricted  securities  may also have an adverse effect on any
market  that  may  develop  in  Peoplesway's  common  stock.  Of  the 12,932,969
outstanding  shares  of  Peoplesway's  common  stock, 107,328 have satisfied the
two-year  "holding  period"  requirements  of Rule 144(k), meaning that they can
presently  be  sold.   In  addition,  of  the 12,932,969 shares, 12,500,000 were
issued on October 18, 1999, and under Rule 144 of the Securities Act of 1933, if
certain  conditions are satisfied, a limited number of these shares, up to 1% of
the total issued and outstanding shares approximately 156,000 of these shares up
to  1% of the issued and outstanding shares of the Company, could be sold during
any three month period.  Once these shares enter the market, their sale may have
a  depressive  effect  on  the  market  price  of  our  stock.




       Conflicts  of  Interest.

     Peoplesway's  directors  and  officers  are  directors, executive officers,
controlling  stockholders  and/or  partners of DRM and its related subsidiaries.
Thus, there exist potential conflicts of interest including, among other things,
time,  effort  and  corporate  opportunity, involved in participation with other
potential  business  opportunities.

       Risks  Associated  with  Execution  of  Growth  Strategy.

     A  principal  component  of Peoplesway's growth strategy is to partner with
additional  merchants  and  service  providers  that  will allow their goods and
services  to  be  sold  through Peoplesway's Web site, and to attract additional
customers.  Peoplesway's  ability  to  execute  its growth strategy depends on a
number of factors including, (i) Peoplesway's ability to acquire these goods and
services  and  related  opportunities  on economically feasible terms;  (ii) our
ability  to obtain the capital necessary to finance the expansion and to pay any
necessary   sales,  marketing  and   operational  expenditures;  and  (iii)  our
ability  to  manage  potentially rapidly growing operations effectively and in a
manner which will result in significant customer  satisfaction.  There can be no
assurance  that  we  will  be  successful  in  any  of  these  respects.

     Internet  and  Information  Systems

     We  rely  upon  the  accuracy  and  proper  utilization of our Internet and
information system to provide timely distribution services, manage our sales and
track our customers' purchase and sale information. To manage our growth, we are
continually  evaluating  the  adequacy  of  our  existing systems and procedures
(including  Year  2000  issues)  and  continue  to update and integrate critical
functions.  We  anticipate  that  we  will  regularly  need  to  make  capital
expenditures  to  upgrade  and  modify  our  Internet  and  information systems,
including  software  and  hardware,  as  we  grow  and the needs of our business
changes.  There  can  be no assurance that we will anticipate all of the demands
which  our  expanding  operations  will  place  on  our  information system. The
occurrence  of  a  significant  system  failure  or  our  failure  to  expand or
successfully  implement  its systems could have a material adverse effect on our
operations  and  financial  results.

     Dependence  On  Technical  Employees

     The  success  of  our Internet services business depends in large part upon
our  ability  to  attract  and  retain  highly  skilled  technical  employees in
competitive  labor  markets.  There  can be no assurance that we will be able to
attract  and  retain sufficient numbers of skilled technical employees. The loss
of  existing  technical personnel or difficulty in hiring or retaining technical
personnel  in  the future could have a material adverse effect on our operations
and  financial  results.

     Delivery  Time

     Peoplesway  does  not  have  a  significant  backlog  of business since our
vendors  normally  deliver and/or install products and services purchased by our
customers  within one to seven days from the date of order. Accordingly, backlog
is  not  material  to  our  business or indicative of future sales. From time to
time,  we may experience difficulty in obtaining products from our major vendors
as  a  result  of  general  industry  conditions.  In  addition, in the Internet
industry, one to three day delivery options are becoming commonplace.  If we are
unable  to  deliver products to our customers within a short time period, we may
experience  loss  of  sales.

     Rapid  Technological  Change

     As  with  all  Internet  companies,  our success will depend in part on our
ability  to develop Internet solutions that keep pace with continuing changes in
information  technology,  evolving  industry  standards  and  changing  client
preferences.  There can be no assurance that we will be successful in adequately
addressing  these  developments on a timely basis or that, if these developments
are  addressed, we will be successful in the marketplace. In addition, there can
be  no  assurance  that  products  or  technologies developed by others will not
render  our  services  noncompetitive  or obsolete. Our failure to address these
developments  could  have a material adverse effect on our operating results and
financial  condition.

     Competition;  Low  Barriers  to  Entry.

     Peoplesway  expects  competition  to persist, intensify and increase in the
retail  Internet industry in the future.  There are thousands of individuals and
companies  that  sell goods and services similar to those offered by Peoplesway.
Almost  all  of  our  current  and  potential  competitors have longer operating
histories,  larger  installed  customer bases, longer relationships with clients
and  vendors,  and  significantly  greater  financial,  technical, marketing and
public relation resources than Peoplesway.  As a strategic   response to changes
in  the  competitive  environment, Peoplesway may from time to time make certain
pricing,  service  technology  or  marketing decisions or business or technology
acquisitions  that  could  have  a  material  adverse  effect  on  our business,
financial condition, results of operations and prospects, and similar actions by
competitors  could materially adversely affect our present and proposed business
operations,  results  of  operations,  financial  condition  and  prospects.

     In addition, our ability to generate customers will depend to a significant
degree  on  the  uniqueness  and  quality  of  our products and services and our
reputation  among  our  customers  and  potential  customers,  compared with the
quality  of  similar  services provided by, and the reputations of, Peoplesway's
competitors.  To the extent that we lose customers to our competitors because of
dissatisfaction  with  our services, or our reputation is adversely affected for
any  other  reason, our business, results of operations, financial condition and
prospects  could  be  materially  adversely  affected.

    There  are  relatively  low  barriers  to  entry  into Peoplesway's targeted
business.  Anyone can attempt to purchase and sell the goods and services, which
Peoplesway purchases and markets.  Accordingly, we are likely to face additional
competition  from  new  entrants into the market in the future.  There can be no
assurance that existing or future competitors will not develop or offer services
that  provide  significant performance, price, creative or other advantages over
those  offered  by Peoplesway, which could have a material adverse effect on our
business,  financial  condition,  results  of  operations  and  prospects.

     Acquisitions

     We  may  consider acquiring the assets and operations of other companies in
order  to expand our business.  Integration of acquisitions may involve a number
of  risks that could have a material adverse effect on our operating results and
financial  condition,  including:  restructuring  charges  associated  with  the
acquisitions  and  other  expenses  associated  with  a  change  of  control;
non-recurring  acquisition  costs  such as accounting and legal fees; investment
banking  fees;  amortization  of  acquired  intangible  assets;  recognition  of
transaction-related  obligations  and  various  other acquisition-related costs;
diversion  of  management's  attention;  difficulties with retention, hiring and
training  of  key  personnel;  and  risks of incurring unanticipated problems or
legal  liabilities.  To  date,  we  have  not  entered into any such acquisition
agreements.

     Although we would conduct due diligence, hire outside independent financial
and  accounting  consultants,  and generally require representations, warranties
and indemnifications from the former owners of any acquisition candidates, there
can  be  no  assurance  that  such  owners  will have accurately represented the
financial  and operating conditions of their companies. If an acquired company's
financial  or  operating  results  were  misrepresented, or the acquired company
otherwise  failed  to  perform  as  anticipated,  the  acquisition  could have a
material  adverse  effect  on  the  operating results and financial condition of
Peoplesway.

     Risks  of  "Penny  Stock."

     Peoplesway's  common  stock may be deemed to be  "penny stock" as that term
is  defined  in  Rule  3a51-1  of the Securities and Exchange Commission.  Penny
stocks  are stocks  (i) with a price of less than $5.00 per share; (ii) that are
not  traded  on  a  "recognized"  national  exchange; (iii) whose prices are not
quoted  on  the  NASDAQ  automated  quotation system  (NASDAQ-listed stocks must
still  meet requirement  (i) above); or (iv) in issuers with net tangible assets
less  than  $2,000,000  (if  the  issuer has been in continuous operation for at
least three years) or $5,000,000 (if in continuous operation for less than three
years),  or with average sales of less than $6,000,000 for the last three years.
Until  November  1999,  there  had  been  no  "established  public  market"  for
Peoplesway's  common  stock  during  the  last  five years.  While our stock has
traded  between  $.25  and  $5.36  per  share  since  November 1999, there is no
assurance  that  this  price level will continue, as there has thus far been low
volume,  and  our  stock  may  be deemed to be penny stock at any time.  Section
15(g)  of the Securities Exchange Act of 1934, as amended, and Rule 15g-2 of the
Securities  and  Exchange  Commission  require  broker/dealers  dealing in penny
stocks  to  provide  potential investors with a document disclosing the risks of
penny  stocks  and  to obtain a manually signed and dated written receipt of the
document  before  effecting  any transaction in a penny stock for the investor's
account.  Potential  investors  in our common stock are urged to obtain and read
such  disclosure  carefully before purchasing any shares that are deemed to be a
"penny  stock."

     Moreover,  Rule  15g-9  of  the Securities and Exchange Commission requires
broker/dealers  in  penny  stocks  to  approve  the  account of any investor for
transactions  in  such  stocks before selling any penny stocks to that investor.
This  procedure  requires  the  broker/dealer  to  (i)  obtain from the investor
information concerning his or her financial situation, investment experience and
investment  objectives;  (ii)  reasonably  determine, based on that information,
that  transactions  in  penny  stocks are suitable for the investor and that the
investor  has sufficient knowledge and experience as to be reasonably capable of
evaluating  the  risks  of penny stock transactions;  (iii) provide the investor
with a written statement setting forth the basis on which the broker/dealer made
the  determination  in (ii) above;  and (iv)  receive a signed and dated copy of
such statement  from the investor,  confirming  that it accurately  reflects the
investor's financial situation, investment experience and investment objectives.
Compliance  with  these requirements may make it more difficult for investors in
Peoplesway's  common  stock  to  resell  their  shares  to  third  parties or to
otherwise  dispose  of  them.



    Patents, Trademarks, Licenses, Franchisees, Concessions, Royalty Payments or
Vendor  Contracts.

     Peoplesway  has  applied  for  a  federal  trademark  of  "Peoplesway"  and
"Peoplesway.Com."  However,  as  of this date, these federal trademarks have not
been  granted.  We have secured the use of Peoplesway.Com on the Internet, which
cannot  be  used  to access any other Web site as long as we remain current with
our Internet registration of the name.  Agreements and licenses with our vendors
are  directly between DRM and our vendors, other than Proflowers.com, with which
we  have  an oral agreement, cancelable upon notice by either party.  We have no
direct  control  over  the  cancellation  of  these  contracts,  and if they are
canceled,  it may hinder our ability to be profitable or to continue operations.


     NASD  OTC  Bulletin  Board  Quotations.

     Our  common  stock is currently quoted on the "Pink Sheets" of the National
Quotations  Bureau,  LLC  ("NQB"). This may further impede the development of an
"established  trading  market"  in  our  common stock, because the "Pink Sheets"
market  is  not  as  accepted  by  most brokers/dealers in securities as the OTC
Bulletin  Board,  and  a  broker/dealer  must subscribe to the NQB's service. We
intend  to,  as  soon as practicable following the satisfaction of all necessary
requirements of the NASD and SEC, file for quotations on the OTC Bulletin Board;
however,  no  assurance can be given that the NASD would allow the quotations of
our  common  stock  to  be  reinstated.

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

For  the  Three  and  Nine  Months  Ended  December  31,  2000  and  1999.

Net  Revenues
-------------

          Net  Revenues  for  the  three and nine months ended December 31, 2000
were  $230,421  and  $602,549,  respectively, versus net revenues of $86,883 and
$106,129  for  the  comparable  period  in  1999,  an increase of 162% and 468%,
respectively.  This  increase  was  primarily  attributable  to  the  Company's
aggressive  marketing  campaign  and  growing  brand  awareness.  Net  revenues
consisted of product sales, monthly service fees and business aid sales. We plan
to  accelerate  growth  of sales in 2000 by increasing expenditures on marketing
and  growing  public  awareness  of  products.

     Expenses
     --------

          Selling,  general  and  administrative expenses for the three and nine
month  period ended December 31, 2000 were $ 130,624 and $341,923, respectively,
versus  $128,603  and $145,738 for the comparable period in 1999, an increase of
3%  and  136% respectively. Notable expense increases for the three months ended
include  subcontract  labor,  which increased $18,846. Notable expense increases
for  the  nine  month  period  include  subcontract  labor, salaries and related
expenses,  and  office  expenses and supplies, which increased $96,279, $18,515,
and  $7,736,  respectively.  Such  increases  were  primarily attributable to an
increased  level  of  operations  during the periods ended December 31, 2000. We
anticipate  incurring approximately the same amount of these expenses during the
remainder  of  the  current  fiscal  year.

          We  also  expect  increases  in  certain  expenses such as advertising
through  fiscal  2001  as  the  Company  moves toward increasing development and
marketing  of  our  products.

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 nine months ended December 31, 2000
was $117,883 and $348,114, respectively, versus $64,089 and $89,971 for the same
period  in 1999. The increase was due to the increase in the Company's sales for
our  current  periods.  Gross  margins  and  product  prices remained relatively
constant  during  the  year.

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  Nine  Months  Ended  December  31,  2000.

          Cash  flows  used  in  operations were a negative $99,635 for the nine
months ended December 31, 2000 versus cash used of $1,000 for the same period in
1999.  Negative cash flows from operating activities were primarily attributable
to  the  net  loss  from operations, prepayment of certain expenses, and related
party  payments.

          Cash  flows  generated from financing activities were $102,152 for the
nine  months  ended  December 31, 2000 versus $1,000 in the same period in 1999.
The  cash  flows  during  the nine months ended December 31, 2000 were primarily
attributable  to  $100,000  in  net  proceeds from a notes payable issued by the
Company  to  an  unrelated  investor.  The  note bears simple interest of 7% per
annum,  is  unsecured, and is due October 7, 2002. The Company's repayment terms
include  only  paying  interest at the end of the year with a balloon payment of
the  principle  due  at  maturity.  In  accordance  with the debt agreement, the
investor  also has the option to purchase 100,000 shares of the Company's common
stock  at $1.00 per share. Such option expires on the maturity date of the note,
October  7,  2002.

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

          We  will  substantially  rely on the existence of revenue from product
sales and from the projected revenues of www.Peoplesway.com.  We project that we
will need additional capital to fund operations over the next 12 months.  If the
projected  revenues  of  www.Peoplesway.com  fall  short  of needed capital, the
Company  will not be able to sustain its capital needs for more than six months.
We  will then need to obtain additional capital through equity or debt financing
to  sustain  operations  for an additional year.  A lack of significant revenues
beginning  in  the  first  six months of 2001 will significantly affect the cash
position  of  the Company and move the us toward a position where the raising of
additional  funds  through  equity  or  debt  financing  will  be  necessary.

    On  a  long-term basis, liquidity is dependent on continuation and expansion
of  operations,  receipt  of  revenues, additional infusions of capital and debt
financing.  We  are considering launching a wide scale marketing and advertising
campaign.  Our current available capital and revenues are not sufficient to fund
such  a  campaign.  If  we  choose  to  launch  such  a campaign it well require
substantially more capital.  If necessary, we plan to raise this capital through
an  additional  follow-on  stock  offering.  The funds raised from this offering
will  be  used  to  develop  and execute the marketing and advertising strategy,
which  may include the use of television, radio, print and Internet advertising.
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.


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
-------

During  the period ended December 31, 2000, the Company retired 2,675,000 shares
of  its  common  stock  that  had previously been issued pursuant to its plan of
reorganization  in  August  1999.

Item  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
          --------
3.  Articles  of  Incorporation  with  amendments and bylaws are incorporated by
reference  to  Exhibit  No.  1  of  Form  10-SB  as amended filed November 2000.

     (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:  February  12,  2001                 ________________________
                                        /S/Gene  Johnston
     Chief  Executive  Officer