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, 2004

                                       OR

               [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                       FOR THE TRANSITION PERIOD FROM TO

                          Commission File No. 333-37842


                        Dental Patient Care America, Inc.
        ----------------------------------------------------------------
        (Exact name of small business issuer as specified in our charter)


           Utah                                             87-0373840
--------------------------------                        -------------------
(State or other jurisdiction of                            (IRS Employer
 incorporation or organization)                         Identification No.)



2825 E. Cottonwood Parkway, Suite 500, Salt Lake City, Utah          84121
-----------------------------------------------------------        ----------
         (Address of principal executive offices)                  (Zip Code)

         Issuer's telephone number, including area code: (801) 990-3314

Check whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for
such shorter period that the Issuer was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.
YES [X]  NO [ ]

Indicate by check mark whether the small business issuer is an accelerated filer
(as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [ X ]

State the number of shares outstanding of each of the Issuer's classes of common
equity: AS OF SEPTEMBER 30, 2004, THERE WERE 21,149,762 SHARES OF COMMON STOCK
ISSUED AND OUTSTANDING.

Transitional Small Business Format: YES [ ] NO [X]

Documents Incorporated by Reference: NONE

<PAGE>

                        Dental Patient Care America, Inc.
                          (Formerly Mountain Oil, Inc.)


                                      INDEX

                                                                          Page
                                                                          ----
PART I.  FINANCIAL INFORMATION

ITEM 1.  Financial Statements

         Consolidated Balance Sheet - September 30, 2004 (unaudited)        3

         Consolidated Statements of Operations - Three and Nine Months
           Ended September 30, 2004 and 2003  (Unaudited)                   4

         Consolidated Statements of Cash Flows - Nine Months Ended
           September 30, 2004 and 2003  (Unaudited)                         5

         Notes to Consolidated Financial Statements  (Unaudited)            6

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

ITEM 3.  Controls and Procedures                                           14

PART II. OTHER INFORMATION

ITEM 6.  Exhibits and Reports on Form 8-K                                  15

SIGNATURES                                                                 16

                                       2
<PAGE>
<TABLE>
<CAPTION>
                                         PART I. FINANCIAL INFORMATION

                                          ITEM 1. FINANCIAL STATEMENTS

                                        Dental Patient Care America, Inc.
                                          (Formerly Mountain Oil, Inc.)

                                           Consolidated Balance Sheets

                                                                                         September 30, 2004
           Assets                                                                            (Unaudited)
                                                                                     ==============================
<S>                                                                                                    <C>
Current assets:
     Cash                                                                                              $  13,179
     Restricted cash                                                                                      19,541
     Accounts receivable                                                                                  41,043
     Prepaid and other assets
                                                                                     ------------------------------
           Total current assets                                                                           73,763

Property and equipment, net                                                                                2,596
Other assets                                                                                                 750
                                                                                                       $  77,109
                                                                                     ==============================

===================================================================================================================

           Liabilities and Stockholders' Deficit

Current liabilities:
     Accounts payable                                                                                  $  98,358
     Accrued expenses                                                                                     52,530
     Claim reserve                                                                                        19,541
     Related-party notes payable                                                                         155,515
     Deferred gain on discontinued operations                                                             11,000
     Member deposit payable                                                                              115,770
                                                                                     ------------------------------
                  Total current liabilities                                                              452,714

Long-term deferred gain on discontinued operations
Commitments and contingencies                                                                             14,000

Stockholders' deficit:
     Preferred stock, $.001 par value, 10,000,000
       shares; no shares issued or outstanding
     Common stock, no par value, 50,000,000 shares
       Authorized; 21,149,762 shares issued and outstanding                                              273,517
     Accumulated deficit                                                                                (663,122)
                                                                                     ------------------------------
                  Total stockholders' deficit                                                           (389,605)
                                                                                     ------------------------------

                                                                                                          77,109
                                                                                     ==============================



                        See accompanying notes to consolidated financial statements.

                                                       3
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                        Dental Patient Care America, Inc.
                                          (Formerly Mountain Oil, Inc.)

                                      Consolidated Statements of Operations
                                                   (Unaudited)



                                                           Three Months Ended                  Nine Months Ended
                                                               September 30                       September 30
                                                        -------------------------         ------------------------------
                                                            2004          2003                2004               2003
                                                        (Unaudited)   (Unaudited)         (Unaudited)        (Unaudited)
                                                        -------------------------         ------------------------------
<S>                                                     <C>           <C>                 <C>                <C>
Cooperative revenues                                    $   125,598   $   108,435         $   326,983        $   303,386
Insurance revenues                                           36,850        48,886             168,670             65,729
                                                        -------------------------         ------------------------------
                                                            162,448       157,321             495,653            369,115

Costs and Expenses:
   Insurance claims and direct costs                         37,392        45,239             167,319             57,107
   Member incentives                                         29,366        28,051              89,870             79,133
   General and administrative expense                       134,621        87,931             423,662            220,426
                                                        -------------------------         ------------------------------

         Income (loss) from operations                      (38,931)       (3,900)           (185,198)            12,449
                                                        -------------------------         ------------------------------

Other income (expense):
   Interest income                                            5,550         5,005              12,257             16,267
   Interest expense                                          (5,940)       (5,940)            (17,820)           (17,820)
                                                        -------------------------         ------------------------------

         Total other income (expense)                          (390)         (935)             (5,563)            (1,553)
                                                        -------------------------         ------------------------------

         Net income (loss) before benefit for
         income taxes                                       (39,321)       (4,835)           (190,761)            10,896

Income tax benefit                                                -             -                   -                  -
                                                        -------------------------         ------------------------------

Net income (loss) income                                $   (39,321)  $    (4,835)        $  (190,761)       $    10,896
                                                        =========================         ==============================


Net income (loss) per common share
 - basic and diluted                                    $     (0 00)  $      (0.0)        $     (0.01)       $      0.00
                                                        =========================         ==============================

Weighted average shares outstanding
  - basic and diluted                                    21,149,762    21,149,762          21,149,762         21,149,762
                                                        =========================         ==============================



                                 See accompanying notes to consolidated financial statements.

                                                               4
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                        Dental Patient Care America, Inc.
                                          (Formerly Mountain Oil, Inc.)

                                      Consolidated Statements of Cash Flows
                                                   (Unaudited)

                                                                              Nine Months Ended September 30,
                                                                          -----------------------------------------
                                                                                    2004               2003
                                                                          -----------------------------------------
<S>                                                                            <C>                 <C>
Cash flows from operating activities:
  Net (loss) income                                                            $    (190,761)      $      10,896
  Adjustments to reconcile net (loss) income to net
   cash (used in) provided by operating activities:
     Depreciation                                                                        360                 360
     Decrease (increase) in:
       Restricted cash                                                                19,890             (30,121)
       Accounts receivable                                                             9,140              (7,114)
       Short-term notes receivable                                                         -             (85,100)
       Prepaid and other assets                                                        1,840                 900
     Increase (decrease) in:
       Accounts payable                                                               28,470               7,017
       Accrued liabilities                                                             3,882               9,051
       Claim reserve                                                                 (19,890)             23,143
                                                                          -----------------------------------------

     Net cash (used in) provided by operating activities:                           (147,069)            (70,968)
                                                                          -----------------------------------------

Cash flows used in investing activities -
  purchase of property and equipment                                                  (1,191)                  -
                                                                          -----------------------------------------

Cash flows from financing activities:
  Proceeds from exercise of stock options                                                  -                   -
  Payments of long-term debt                                                         (20,000)                  -
                                                                          -----------------------------------------

     Net cash provided by (used in financing activities                              (20,000)                  -

Net increase (decrease) in cash and cash equivalents                                (168,260)            (70,968)

Cash and cash equivalents at beginning of year                                       181,439              85,771
                                                                          -----------------------------------------

Cash and cash equivalents at end of year                                       $      13,179       $      14,803
                                                                          =========================================



                           See accompanying notes to consolidated financial statements.

                                                         5
</TABLE>
<PAGE>

                        Dental Patient Care America, Inc.
                          (Formerly Mountain Oil, Inc.)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


1.       Company History
         ---------------

Dental Patient Care America, Inc. is incorporated under the laws of the State of
Utah. It owns two subsidiaries through which it conducts its business. Dental
Cooperative, Inc. was incorporated under the laws of the State of Utah in 1998
for the purpose of organizing dentists into a cooperative model of contractually
networked practices, allowing member dentists to access a variety of benefits
from the cooperative structure. Such benefits include programs to purchase
supplies, laboratory and other operating services, insurance and employee
benefits programs, and opportunities for profit sharing through the cooperative
model. Various dental patient marketing programs are also provided, such as the
organization of its member dentists into a network, which offers dental care
plans to employers and other groups under the trade names "Intermountain Dental
Plans" and "Dentist Direct". DentistDirect, Inc. was incorporated in Utah in
2004 to conduct the dental benefits plan business. The Company plans to continue
conducting both the dental practice cooperative business of Dental Cooperative,
Inc. and the dental benefit plan business of DentistDirect, Inc.

2.       Interim Financial Statements
         ----------------------------

The accompanying condensed consolidated financial statements of the Company have
been prepared by the Company, without audit, pursuant to the rules and
regulations of the Securities and Exchange Commission. Certain information and
disclosures normally included in financial statements prepared in accordance
with accounting principles generally accepted in the United States have been
condensed or omitted pursuant to such rules and regulations. These condensed
consolidated financial statements reflect all adjustments (consisting only of
normal recurring adjustments) that, in the opinion of management, are necessary
to present fairly the results of operations of the Company for the periods
presented. The results of operations for the three and nine months ended
September 30, 2004, are not necessarily indicative of the results that may be
expected for the fiscal year ending December 31, 2004.

3.       Earnings Per Share
         ------------------

Basic earnings per share excludes dilution and is computed by dividing net
earnings available to common stockholders by the weighted average number of
common shares outstanding for the period. Diluted earnings per share reflects
the potential dilution that could occur if options or warrants to issue common
stock were exercised into common stock. Stock options for 314,000 shares issued
in 2004 were excluded from the calculation of diluted loss per share because
their effect was anti-dilutive. Stock options to purchase 50,000 shares issued
in 2003 did not result in any change from basic weighted average shares based on
the treasury stock method. The weighted average number of outstanding common and
common equivalent shares used in computations was 21,149,762 for the six months
ended September 30, 2004 and 2003.

4.       Stock Based Compensation
         ------------------------

The Company accounts for our stock-based employee compensation plans under the
recognition and measurement principles of APB Opinion No. 25, Accounting for
Stock Issued to Employees, and related Interpretations, and has adopted the
disclosure only provisions of Statement of Financial Accounting Standards (SFAS)
No. 123, "Accounting for Stock-Based Compensation." Accordingly, no compensation
cost is recognized in the financial statements when options granted under the
plan have an exercise price equal to or greater than the market value of the
underlying common stock on the date of grant. During the nine months ended
September 30, 2004 and 2003, no stock options were issued to employees of the
Company.

                                       6
<PAGE>

5.       Activity of Business Segments
         -----------------------------

The Company's business is divided into two segments - our dental cooperative
management business and our dental benefits plan business. The first segment
generates revenues through management fees charged to member dentists. The
second segment generates revenues to the extent that premiums and premium-type
payments into the benefit plan exceed claims paid by the plan. The financial
statements currently reflect the revenues of each segment. We do not allocate
our general and administrative expenses amongst the segments, therefore we do
not report a segment profit or loss. In addition, our assets, with the exception
of restricted cash which applies to the dental benefits plan business, are
general in nature and are not specifically allocated to a segment.

6.       Going Concern
         -------------

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As of September 30, 2004, the Company
had negative cash flows from operations, had an operating loss, had negative
working capital and was technically insolvent. These conditions raise
substantial doubt about the ability of the company to continue as a going
concern. The financial statements do not include any adjustments that might
result from the outcome of these uncertainties.

Management's plans regarding the working capital deficit, cash flows from
operations and profitability include: capitalizing on the conclusion in 2003, of
four years of development and operational testing of the cooperative concept of
dental practice networking and operating models for independent practicing
member dentists, as well as proceeding with implementation and operation of the
dental benefits plan business. Management also believes that its ongoing
business is not capital intensive, having relatively low fixed costs. Management
is exploring the possible private offering of shares of the Company's common
stock in the fourth quarter of 2004 in an attempt to bring as much as $500,000
in additional cash and capital to the Company and its balance sheet. The
intention would be to pay off vendor payables and some or all related party
debt, and to retain any remainder as needed operating capital. There is no
assurance that such an offering will be made, or that such an offering would
prove successful. Management is also exploring one or more credit arrangements
for the Company for the express purpose of implementing the Affiliate Agreements
of member dentists providing for loans to such dentists, coupled with increased
management fees from such dentists. There is no assurance that such funding can
or will be obtained or when it can be obtained. Several times in the past the
Company has pursued such funding, and has never been successful in obtaining it.

7.       Supplemental Disclosure of Cash Flow Information
         ------------------------------------------------

During the nine months ended September 30, 2004 and 2003 the Company incurred
the following amounts for interest and income taxes:


                                                 9/30/2004      9/30/2003
                                               ------------------------------
                Cash paid for:
                         Interest                   $ 17,820        $ 17,820
                                               ==============================

                         Income taxes                      -               -
                                               ==============================

                                       7
<PAGE>

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

         The following Management Discussion and Analysis may contain certain
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995, including, among others: (i) results of
operations (including expected changes in Company gross profit margin and
selling, general and administrative expenses); (ii) the Company's business
strategy for increasing sales; (iii) the Company's strategy to increase our size
and customer base; (iv) the Company's ability to successfully increase our size
through acquisition/merger activity; and (v) the Company's ability to
distinguish elf from our current and future competitors.

         These forward-looking statements are based largely on the Company's
current expectations and are subject to a number of risks and uncertainties.
Actual results could differ materially from these forward-looking statements.
Important factors to consider in evaluating such forward-looking statements
include (i) changing regulatory requirements for the management of dental
offices or the offering of dental benefit plans; (ii) the highly competitive and
fragmented dental services market; (iii) the increased costs of compliance as a
public company with a new operating business and the requirements for compliance
with the Sarbanes Oxley legislation; (iv) anticipated working capital or other
cash requirements; (v) changes in the Company's business strategy or an
inability to execute our strategy due to unanticipated changes in the market;
and (vi) various competitive factors that may prevent the Company from competing
successfully in the marketplace. In light of these risks and uncertainties,
there can be no assurance that the events contemplated by the forward-looking
statements contained herein will in fact occur.

General
-------

         Dental Patient Care America, Inc. and its wholly-owned subsidiaries,
Dental Cooperative, Inc. and DentistDirect, Inc., are together referred to as
"the Company." All references of "we" or "our" also refer to the consolidated
entity.

         We earn revenue from our dental cooperative business through management
fees assessed to our members as a percentage of their operating revenues.
Because each member accounts for its revenues separately, we submit blank
invoices to our members each month and we rely on member dental offices to
promptly submit the correct amount of management fees to us based on the agreed
percentage of the member's monthly revenue. Mistakes or delays by our members in
calculating and submitting our fees, may adversely affect our cash flow, and may
effect variations in period to period comparisons.

         We earn revenue from our dental benefit plan offerings as a result of
premium and related payments exceeding claims paid out during the measurement
period. When premiums are received, they are recorded as restricted cash and a
liability titled "claim reserve" is recorded for the same amount. As claims are
paid out, the restricted cash and the liability are reduced. Revenue from such
premiums is recognized when we no longer have any claim obligation. The earning
of revenue from the just described process is only possible if the Company is a
risk retention entity. Prior to 2004, the Company acted as a risk retention
entity for its DentistDirect plan offerings, and earned revenues from this
activity. Early in 2004, the Company lost this ability, and was required to
retain a third party risk retention agent. This agent now collects the revenue
earlier booked by the Company, resulting in lower dental benefit plan revenues
in comparing 2004 with 2003. Additional covered lives continue to be added to
the Company plans and the Company is working to regain its ability to act as its
own risk retention agent and recapture this revenue stream, hopefully by early
2005.

                                       8
<PAGE>

Results of operations for the three months ended September 30, 2004 compared to
the same period ended September 30, 2003

         Our dental cooperative revenues, referred to as "cooperative revenues"
on the statement of operations, increased from $108,435 for the three months
ended September 30, 2003 to $125,598 for the three months ended September 30,
2004. Cooperative revenues consist of member fees and marketing fees paid to the
Company by member dentists as well as group purchasing rebates received from
vendors. The period to period increase in these revenues is due to increased
group purchasing rebates (as noted before, these rebates may vary from period to
period based on the member dentists' purchasing activity as well as a result of
different rebates offered by the vendors), and a higher number of members and
member fees.

         The decrease in our DentistDirect dental benefit plan revenues, termed
"insurance revenues" in the Statement of Operations, from $48,886 for the three
months ended September 30, 2003 to the $36,850 for the comparable 2004 period,
is explained by the gradual expiration of existing plans under which we acted as
risk retention entity, and the replacement of those plans with us out of that
role. As noted earlier, these revenues could zero out in the first quarter of
2005 before we are able to again assume the risk retention role and begin to
renew plans on that basis. Also any new initiative in the area of dental
benefits will likely not have positive revenue impact before the first quarter
of 2005.

         Because we have limited operating history in the dental benefit plan
marketplace, to date we have recorded a claim reserve substantially equal to the
revenue received, thus negating any immediate impact of dental benefit plan
revenues on net income. Over time, as we gain more experience in gauging our
risk as a risk retention agent, and as we introduce other forms of our dental
benefits, we expect these revenues not only to increase, but to contribute to
net income.

         Member incentives were $29,366 for the three months ended September 30,
2004 as compared to $28,051 for the comparable period in 2003. Member incentives
are profit sharing-type distributions through Dental Cooperative to recognize
significant contributions to the membership network by certain members, based
largely on the growth in revenues of the member practices and the resulting fees
to Dental Cooperative. Member incentives have increased consistently with the
general growth in the number of member dentists, the growth in member revenues
and the resulting growth in management fee revenue to Dental Cooperative
discussed earlier. Member incentives are discretionary with the Board of
Directors of Dental Cooperative, and these funds can be redirected to cover
operating expenses as needed.

         Insurance claims and direct costs consist of insurance claims paid out,
commissions, and plan administrative costs. These costs decreased from $45,239
in the three months ended September 30, 2003 to $37,392 in the three months
ended September 30, 2004. This decrease is a direct result of the decrease in
the number of dental benefit plan customers enrolled in plans where the Company
is a risk retention agent as explained above. These costs will generally
increase and decrease in rough conformity with the increase or decrease in
dental benefit plan revenues.

         We continue to believe that as the DentistDirect benefit plan business
grows, the increasing number of "lives" covered by these plans will continue to
attract more dental practices to affiliate as members of Dental Cooperative.
Conversely as our member dentists increase, our capacity to take on additional
lives covered by our dental benefit plans will also increase. We expect this
business development synergy to produce continuing increases in revenue in both
the Dental Cooperative and Dentist Direct business segments for the rest of
2004. Although we have stopped acting as risk retention agent and thus cut off
our main revenue stream from this line of business, we continue to sponsor and
market our dental benefit plans, and hence to grow the number of "lives", in
order to implement this synergy.

                                       9
<PAGE>

         General and administrative expenses increased from $87,931 for the
three months ended September 30, 2003 to $134,621 for the three months ended
September 30, 2004. This is explained by (a) the continuing impact of higher
legal and accounting expenses as a result of the Dental Cooperative, and
DentistDirect businesses now shouldering the cost burden of a public company
structure, and (b) the payment of salaries, including salaries that were
deferred during the prior period. During the September 30, 2004 quarter we also
booked invoices from our legal and accounting professional advisors that
included some carryover items from the merger transaction in the second quarter
of 2004 whereby control over the Company changed to the former shareholders of
Dental Cooperative, Inc. As a result we do not expect general and administrative
expenses to continue at these high levels during the rest of 2004 or into 2005.
We also note the continuing willingness of our senior management to defer
salaries as needed from time to time.

         With no taxable income and no assets to depreciate or amortize, the
revenue and expenses mathematically result in net income numbers and per share
numbers that are explainable by the same issues and factors already discussed.

Results of operations for the nine months ended September 30, 2004 compared to
September 30, 2003

         Our dental practice management revenues, referred to as "cooperative
revenues" on the statement of operations, increased from $303,386 for the nine
months ended September 30, 2003 to $326,983 for the nine months ended September
30, 2004. Cooperative revenues consist of member fees and marketing fees paid to
the Company by member dentists as well as group purchasing rebates received from
vendors. This increase is due to growth in the number of member dentists, and
concomitant growth in management fees payable and group purchasing rebates. The
number of member dentists in the cooperative network continues to grow (see
table below.)

         Our DentistDirect dental benefit plan offerings were largely
nonexistent in most of 2003, which largely explains the substantially increased
revenues from this business in 2004 compared with the prior year. As we
explained earlier in this report, with respect to the comparison between the
third quarter dental benefit plan revenue results, the Company ceased being the
risk retention agent for its plans in the second quarter of 2004, and this
decision will gradually reduce revenue from the dental benefit plan business as
annual contracts are rewritten with another risk retention agent. We anticipate
the possible zero-ing out of these revenues in the first quarter of 2005,
depending on how quickly we are able to renew our ability to act as risk
retention agent, and then start writing plan business with this revenue stream
as part of the deal. Also as noted in the discussion of the quarter to quarter
comparison, we have reserved substantially all of the benefit plan revenue we
have received, and so these revenues have had a negligible effect so far on net
income. As our experience increases in this business, and as we develop new
products within this business segment, more and more these revenues can be
captured into profit.

         Member incentives were $89,870 for the nine months ended September 30,
2004 as compared to $79,133 for the comparable period in 2003. As noted earlier,
member incentives are profit sharing type distributions through Dental
Cooperative to recognize significant contributions to Dental Cooperative by
certain members, based largely on the growth in revenues of the member practices
and the resulting fees to Dental Cooperative. Member incentives have increased
consistently with the general growth in the number of member dentists, the
growth in member revenues and the resulting growth in management fee revenue to
Dental Cooperative discussed earlier. Member incentives are discretionary with
the Board of Directors of Dental Cooperative, and these funds can be redirected
to cover operating expenses as needed.

         Insurance claims and direct costs consist of insurance claims paid out,
commissions, and plan administrative costs. These costs increased from $57,107
in the nine months ended September 30, 2003 to $167,319 in the nine months ended

                                       10
<PAGE>

September 30, 2004, which was a direct result of the start up of our dental
benefit plan business and the growth in covered lives with us earning revenue as
risk retention agent. As noted above, our role has changed, resulting in a
decreasing revenue from this business segment beginning in the second quarter of
2004 and continuing through the third quarter of 2004 likely through the first
quarter of 2005.

         General and administrative expenses increased from $220,426 for the
nine months ended September 30, 2003 to $423,662 for the nine months ended
September 30, 2004. This is explained by (a) the costs of start up of the
Dentist Direct business, which required large front-end loaded expenditures in
2004 that are not accounted for as direct costs of the program, (b) the costs of
the merger transaction whereby Dental Cooperative and Dentist Direct were
acquired by the Company on June 30, 2004, and (c) the decision to begin paying
partial salaries that have been deferred in prior periods. The nonsalary costs
included legal and accounting fees as well as printing and postage and other
costs. We do not expect these levels of nonsalary expenses to continue at these
high levels during the rest of 2004. Moreover our senior managers have expressed
a continued willingness to defer salaries as needed.

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

         We have not yet generated positive cash flow from operating activities
and there can be no assurance that we will be able to generate positive cash
flow in future periods. If we are unable to generate positive cash flow from
operating activities, we will be required to seek financing through additional
related party debt, including but not limited to salary deferrals, or through
the sale of debt or equity securities to investors. There can be no assurance
that such related party financing or investor financing will be available to us
if needed

         As of September 30, 2004, we reported current assets of $73,763, down
from the $90,914 reported at June 30, 2004 and significantly down from year end.
Primarily this represents a consumption of cash in spending on salaries, rent
and payments to our professional service providers. If consumption of cash
continues unabated, we will likely run out of cash and further reduce our
current assets by the end of 2004. Our current liabilities of $452,714 is higher
than the $419,344 reported at June 30, 2004 and significantly higher than
reported for the end of the 2003. The growth in current liabilities is primarily
the result of deferred payment of increased professional fees and costs,
together with carryover of significant related party indebtedness. This adverse
ratio of current assets to current liabilities results in technical insolvency
under most definitions.

         We currently have no bank lines of credit or third party indebtedness,
other than the operating payables discussed elsewhere. We have relied on our
ability to control expenses through deferred payment of creditors and deferred
salaries to management to continue as a business. As our revenue-generating
capability becomes more regularized, we plan on obtaining one or more bank lines
of credit to assist with meeting ongoing liquidity needs. There can be no
assurance that we will be able to secure such financing in the future.

         Management is exploring the possible private offering of shares of the
Company's common stock in the fourth quarter of 2004 in an attempt to bring as
much as $500,000 in additional cash and capital to the Company and its balance
sheet. The intention would be to pay off vendor payables and some or all related
party debt, and to retain any remainder as needed operating capital. There is no
assurance that such an offering will be made, or that such an offering would
prove successful.

         Management is also exploring one or more credit arrangements for the
Company for the express purpose of implementing the Affiliate Agreements of
member dentists providing for loans to such dentists, coupled with increased
management fees from such dentists. There is no assurance that such funding can
or will be obtained or when it can be obtained. Several times in the past the
Company has pursued such funding, and has never been successful in obtaining it.

                                       11
<PAGE>

         We recognize a need to grow both our dental cooperative business and
our dental benefit plan business, both in our current markets in Utah and beyond
the Utah borders. We could use authorized but unissued shares of common or
preferred stock as consideration for appropriate acquisitions. We expect to
enter into such transactions, if any, on a nondilutive basis to our
shareholders, such that the additions to the Company in net income and assets
will equal or exceed the cost in share dilution.

Outlook: Issues and Uncertainties
---------------------------------

         Our acquisition of Dental Cooperative together with our DentistDirect
business in June 2004, coupled with our complete divestiture of our oil and gas
business and the resignation of prior management at the same time has resulted
in a new business for the Company, but also a management team without experience
in the regulatory requirements of a public company. The management team is also
top heavy in strategic managers and thin in operational and administrative
personnel, a situation not unusual for what are essentially start-up businesses.
We anticipate that as the dental cooperative and the dental benefit plan
businesses grow, the increasing revenues will enable the hiring and retention of
additional qualified operational and financial personnel. We also anticipate
that increasing revenues will enable us to reduce our legal, accounting and
related party indebtedness, thus reducing the level of current liabilities.

         Our growth will depend on our ability to attract economically
successful dentists into our cooperative business model, and as dental services
providers under the Dental Cooperative dental care plan offerings. Because our
cooperative business model relies on attracting the top tier of dentists in a
given market, our growth strategy emphasizes entering selected new markets and
entering into member contracts with dental practices that have a significant
market presence or which Dental Cooperative believes can achieve such a presence
in the near term, and seeking to these practices as a "magnet" from which to
expand in the market area. Our new market penetration strategy is relatively
untested. So far the members of Dental Cooperative come primarily from Salt
Lake, Weber and Cache counties in Utah, although efforts are underway to expand
the membership to include not only more dentists in these counties, but also to
gain dentists in other counties in Utah. We have not yet entered a market
outside of the State of Utah, and there can be no assurance that Dental
Cooperative will be able to implement our national growth successfully.

         Dental Cooperative devotes substantial time and resources to new member
acquisition activities. Identifying appropriate member candidates and
negotiating membership agreements can be a lengthy and costly process. There can
be no assurance that suitable new members will be identified or that new members
will be attracted on terms favorable to Dental Cooperative, our current members
and our shareholders; or that such new memberships can be added on a timely
basis or at all. In the event that Dental Cooperative is not able to regularly
increase our membership base, or raise our management fees in tandem with some
new member attraction, Our quarterly financial results may be materially lower
than analysts' expectations, which likely would cause a decline, perhaps
substantial, in the market price of Mountain Oil common stock following the
merger. In addition, increasing competition in the dental services industry from
corporate model competitors or perhaps others attempting to use a cooperative
model may result in an increase in benefits and other costs associated with
bringing new members into Dental Cooperative.

         The integration of new members and new markets may be a difficult,
costly and time-consuming process. Dental Cooperative may encounter substantial
unanticipated costs or other problems associated with such integration.

         We will seek to increase revenue and profitability in existing markets
by physically expanding our existing members to add more dentists and
hygienists, by establishing new dental practices and by improving the efficiency
of the member dental practices. Our success will be dependent, in part, upon
increasing the revenue from existing members and successfully establishing new
member locations.

                                       12
<PAGE>

         We are subject to risks associated with this growth strategy, including
the risk that Dental Cooperative will be unable to successfully expand existing
members or to establish new dental offices with existing members, or increase
efficiency through our management of the existing members.

         Dental Cooperative has experienced growth in its member dentists as
follows:

                                  2004*   2003   2002  2001   2000   1999   1998
                             ---------------------------------------------------
         Number of Members:        94      71     63    61     58     54     52

         *September 30, 2004.


This growth has placed, and will continue to place, strains on our limited
staff, management, operations and systems. Our ability to compete effectively
will depend upon our ability to attract, train and assimilate additional
management and other employees and our ability to expand, improve and
effectively utilize our operating, management, marketing and financial systems
to accommodate our expanded operations. Any failure by our management to
effectively anticipate, implement and manage the changes required to sustain our
growth may have a material adverse effect on our business, financial condition
and operating results.

         Concomitantly in order to effectively and efficiently bear the added
costs of being a public company in the United States today, including the
ongoing costs of accounting, legal and other professionals helping Mountain
Oil/Dental Cooperative to comply with ongoing disclosure obligations and the new
requirements of the Sarbanes-Oxley legislation, Dental Cooperative must grow
significantly, not only in our existing markets but also in new markets. This
growth also must be managed and will require added operational and
administrative personnel over and above the level currently available.

         Both the assumption of significant additional compliance and
professional costs required of a public company in the United States today and
the planned implementation of our growth strategy will require significant
capital resources. To date we have operated on limited resources provided mostly
from the management fees received from member dentists, salary deferrals by
management, capital provided as loans and in kind by members of management, and
in deferring payment on accounts payable. Limited positive funding has come from
the new dental benefit plan business. These historical revenues and other
financial support have not provided enough funding for the level of operations
historically conducted by Dental Cooperative, and Dental Cooperative is in
arrears for our professional services, two of the senior managers are owed
significant deferred salary amounts. Dental Cooperative looks to growth in the
number of member dentists, growth in the fees payable by member dentists, and
growth in revenues from the dental benefit plan business to provide ongoing
revenues to meet these operating expenses. As noted above, in the discussion of
managing growth, we must grow significantly in order to succeed as a public
company. If we are unable to pay salaries to our management both currently and
at competitive levels, it will not be able to attract the management personnel
it will need to effect and manage our needed growth. Moreover if we cannot pay
our creditors as and when due, we risk losing important service and product
providers.

                                       13
<PAGE>

         Our business plan calls for Affiliate Member dentists to receive loans
from Dental Cooperative for up to the full value of their dental practices, with
concomitantly and significantly increased management fees. To date Dental
Cooperative has not had the funding to close any loan under an Affiliate Member
arrangement, although Dental Cooperative was successful in assisting some
Associate Members to obtain financing from a third party. Dental Cooperative
management does not believe that the current Associate Member arrangements, even
coupled with the added profit opportunities through the dental care plan, will
generate sufficient management fees to Dental Cooperative or interest among
dentists to enable the expansion of Dental Cooperative beyond our current local
configuration. There is some risk that existing Associate Member dentists who
originally signed up in expectation of Affiliate Member arrangements, including
the loan from Dental Cooperative, will tire of waiting and will drop out of the
Dental Cooperative membership network. The funding needed to implement the
Affiliate Member loan arrangements would initially be in the tens of millions of
dollars. There is no assurance that Dental Cooperative will have greater success
in attracting this amount of capital as a public company than has been
experienced by Dental Cooperative as a private company over the last
approximately five years.

         Our capital requirements over the next several years will substantially
increase and will exceed cash flow expected to be generated through management
fees as now being received. Therefore, to finance our operating and capital
requirements, we will need to obtain one or more lines of credit from banks or
other financing sources, and from time to time will need to issue additional
equity securities.

         We may not be able to obtain additional required capital on
satisfactory terms, if at all. The failure to raise the funds necessary to
finance the expansion of our operations or our other capital requirements could
materially and adversely affect our ability to pursue our strategy and our
operating results in future periods. If additional funds are raised through the
issuance of equity securities, dilution to our existing stockholders may result.
If additional funds are raised through the incurrence of debt, such debt
instruments will likely contain restrictive financial, maintenance and security
covenants.

         All members of Dental Cooperative can sever their member relationship
at any time, especially under the Associate Member arrangement in which there is
no loan from Dental Cooperative to the member. Although these member agreements
contain non-compete clauses, there is no assurance either that Dental
Cooperative can retain current members or that departing members will not have
the ability to adversely affect our efforts to recruit a new member in the area
of the departing member. Since 1999, a total of 99 dentists have signed member
agreements with Dental Cooperative. This number compares with the 94 dentists
who are currently members. This attrition can be explained by a number of
reasons, but is indicative of the problem facing Dental Cooperative as it
attempts to provide benefits to our members with limited financial and
management resources. Even assuming all current members stay with Dental
Cooperative, there is no assurance that satisfactory new members can be
recruited and assimilated in existing or new markets.

         Michael Silva currently owns approximately 24% of the total issued and
outstanding common stock of Dental Cooperative. Together with Marlon Berrett,
these two managers own more than 1/3 of the outstanding common stock, and thus
have the ability to exert significant influence over the outcome of fundamental
corporate transactions requiring stockholder approval, including mergers and
sales of assets and the election of the members of our Board of Directors. Sales
of shares by such stockholders could reduce the level of such influence.

ITEM 3. CONTROLS AND PROCEDURES
-------------------------------

Evaluation of Disclosure Controls and Procedures
------------------------------------------------

         Based on their evaluations as of September 30, 2004, the Chief
Executive Officer and the Chief Financial Officer of the Company have concluded
that the Company's disclosure controls and procedures (as defined in Rules
13A-14(c) and 15D-14(c) under the Securities Exchange Act) are effective to
ensure that information required to be disclosed by the Company in reports that
the Company files or submits under the Securities Exchange Act is recorded,
processed, summarized and reported within the time periods specified in the
rules and forms of the Securities and Exchange Commission.

                                       14
<PAGE>

         In this regard, current and potential shareholders must understand that
no control framework can ever provide absolute assurance that all instances of
fraud or other misbehavior will be detected and prevented. Every control system
is inherently limited by human error, mistakes in judgment, or individual (or
collusive) acts of circumvention.

Changes in Internal Controls
----------------------------

         There were no significant changes in the Company's internal controls or
in other factors that could significantly affect these internal controls
subsequent to the date of their most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.


                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

         Not applicable.

ITEM 2. CHANGES IN SECURITIES

         Not applicable.

ITEM 3. DEFAULTS ON SENIOR SECURITIES

         Not applicable.

ITEM 4. ITEMS SUBMITTED TO VOTE OF SHAREHOLDERS

         Not applicable.

ITEM 5. OTHER INFORMATION

         Not applicable.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

         (a) Form 8-K/A was filed on September 16, 2004 providing required
financial information concerning the Dental Cooperative acquisition which closed
on June 30, 2004.

         (b Exhibits

         Certifications Furnished

         31.1     Certification of the Chief Executive Officer under Section 302
                  of the Sarbanes Oxley Act

         31.2     Certification of the Chief Financial Officer under Section 302
                  of the Sarbanes Oxley Act

         32.1     Certification under Section 906 of the Sarbanes Oxley Act

                                       15
<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
our behalf by the undersigned, thereunto duly authorized.

                                               Dental Patient Care America, Inc.



Dated: November 11, 2004                       By:  /s/ Michael Silva
                                                  ---------------------------
                                                  Michael Silva
                                                  Chairman and CEO



Dated: November 11, 2004                       By:  /s/ Brad Berrett
                                                  ---------------------------
                                                  Brad Berrett
                                                  Chief Financial and
                                                  Accounting Officer

                                       16