SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB



(Mark One)
     [X] Quarterly  report under Section 13 or 15(d) of the Securities  Exchange
Act of 1934 for the fiscal year ended September 30, 1996 .

     [ ] Transition report under Section 13 or 15(d) of the Securities  Exchange
Act  of  1934  for  the   transition   period  from   _____________________   to
__________________.

     Commission file number:  0-13409


                        Eurotronics Holdings Incorporated
                 (Name of Small Business Issuer in Its Charter)

                    Utah                                       87-0550824
(State or Other Jurisdiction of                             (I.R.S. Employer
Incorporation or Organization)                             Identification No.)


                1095 East 2100 South, Salt Lake City, Utah 84106
                    (Address of Principal Executive Offices)


                                 (801) 487-0888
                (Issuer's Telephone Number, Including Area Code)


     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 No XX

     The number of shares  outstanding of the issuer's  common stock,  par value
$0.0001, as of November 19, 1996 was 4,520,336.


                                                             Total Pages:   8
                                                     Exhibit Index on Page:   8
<PAGE>
                                TABLE OF CONTENTS


                                     PART I


ITEM 1.  FINANCIAL STATEMENTS  ................................................3

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.............3

                                     PART II

ITEM 6.       EXHIBITS AND REPORTS ON FORM 8-K ................................5

              SIGNATURES.......................................................6

              INDEX TO EXHIBITS................................................7
<PAGE>
                                     PART I



ITEM 1.  FINANCIAL STATEMENTS



     Unless  otherwise  indicated,  the term  "Company"  refers  to  Eurotronics
Holdings  Incorporated  and its  subsidiaries  and  predecessors.  Consolidated,
unaudited interim financial statements including a balance sheet for the Company
as of the fiscal  quarter ended  September 30, 1996 and statements of operations
and  statements  of cash  flows  for the  interim  period up to the date of such
balance  sheet  and the  comparable  period  of the  preceding  fiscal  year are
attached  hereto  as Pages  F-1  through  F-4 and  incorporated  herein by this
reference.

                                    PART I

ITEM 1.           FINANCIAL STATEMENTS

INDEX TO  FINANCIAL STATEMENTS                                             PAGE

Balance Sheets..............................................................F-1

Statements of Operations ...................................................F-2

Statements of Cash Flows ...................................................F-3

Condensed Notes to Financial Statements.....................................F-4
<PAGE>


                           EUROTRONICS HOLDINGS, INC.
                          NOTES TO FINANCIAL STATEMENTS
                               September 30, 1996


NOTE 1:           Basis of Presentation

The accompanying consolidated unaudited condensed financial statements have been
prepared by management in accordance  with the  instructions  in Form 10-QSB and
therefore,  do not include all information  and footnotes  required by generally
accepted accounting principles and should therefore, be read in conjunction with
the Company's Annual Report to Shareholders on Form 10-KSB for fiscal year ended
December 31, 1995.

In management's  opinion,  the  accompanying  consolidated  unaudited  condensed
financial state contain all  adjustments,  consisting  only of normal  recurring
adjustments  necessary  for a fair  statement  of the  results  for the  interim
periods presented.  The interim operation results are not necessarily indicative
of the results for the fiscal year ending December 31, 1996.

NOTE 2:           Acquisition of InterConnect West, Inc.

On July 16, 1996,  the Company  executed an Agreement for Exchange of Stock (the
"Agreement") with InterConnect West, Inc., a Utah corporation  ("ICW"), and Mark
Tolman who prior to the Agreement  owned 100% of the  outstanding  stock of ICW.
The Agreement was made effective July 31, 1996. Under the Agreement, the Company
acquired all outstanding  shares of ICW,  making ICW the Company's  wholly-owned
subsidiary.

For  financial  accounting  purposes  the  acquisition  is  treated as a reverse
acquisition and ICW is treated as acquiring the Company. The comparative figures
presented  in the  consolidated  financial  statements  are those of ICW and the
limited  assets and  liabilities  of  Eurotronics  have been recorded  under the
purchase  method  of  accounting  at  their  historical   costs.  The  financial
statements  include the  operations  of ICW for all periods  presented  with the
operations  of  Eurotronics  included  from  the date of  recapitalization.  The
operations of Eurotronics were immaterial prior to the recapitalization.

NOTE 3:       Additional footnotes included by reference

Except as  indicated  in the  footnotes  above there has been no other  material
change in the  information  disclosed in the notes to the  financial  statements
included in the Company Annual Report on Form 10-KSB for the year ended December
31, 1995. Therefore those footnotes are included herein by reference.





                                       F-1

<PAGE>
<TABLE>
<CAPTION>
                           EUROTRONICS HOLDINGS, INC.
                             Unaudited Balance Sheet
                    September 30, 1996 and December 31, 1995


                                                      September 30, December 31,
                                                           1996          1995
                                                        -----------  -----------
ASSETS
Current Assets
<S>                                                     <C>           <C>      
      Cash .........................................    $  21,272     $  23,838
      Accounts Receivable ..........................       89,375        17,770
                                                        ---------     ---------
      Total Current Assets .........................      110,647        41,608

Equipment, net depreciation ........................       37,317        23,638

Investments - securities ...........................         --         169,812

TOTAL ASSETS .......................................    $ 147,964     $ 235,058
                                                        =========     =========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
      Accounts Payable .............................    $  22,074     $  56,911
      Accrued Expenses .............................    $ 106,842     $  21,629
      Current portion of long-term debt ............         --           4,284
                                                        ---------     ---------
      Total Current Liabilities ....................      128,916        82,824

Long Term Debt .....................................       30,000        25,716

                                                        ---------     ---------
TOTAL LIABILITIES ..................................      158,916       108,540

STOCKHOLDERS' EQUITY:
      Common stock, $.0001 par value;
      Authorized, 200,000,000 shares;
      Issued, 19,935,717 shares at September 30,
      1996 and December 31, 1995 ...................        1,993         1,993
      Additional paid-in capital ...................        3,176       126,550
      Accumulated Deficit ..........................      (14,128)       (2,025)
                                                        ---------     ---------
TOTAL STOCKHOLDERS' EQUITY .........................      (10,952)      126,518

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY .........    $ 147,964     $ 235,058
                                                        =========     =========
</TABLE>
                                      F-2
<PAGE>
<TABLE>
<CAPTION>
                                                     EUROTRONICS HOLDINGS, INC.
                                                  Unaudited Statement of Operations
                                For The Three Months Ended September 30, 1996 and September 30, 1995
                                 For the Nine Months Ended September 30, 1996 and September 30, 1995


                                                          Three              Three               Nine               Nine
                                                          Months             Months             Months             Months
                                                           1996               1995               1996               1995
                                                      ---------------    ---------------    ---------------    ---------------

<S>                                                     <C>                <C>                <C>               <C>         
Revenue                                                 $     84,560       $     63,020       $   253,762        $     81,999
Cost of Revenue                                         $     29,165       $     31,133       $     99,713       $     46,568
                                                      ---------------    -----------------------------------------------------
Gross Profit                                                  55,395             31,887            154,049             35,431

Expenses:
      General and administrative                             124,760             22,029            166,739             32,312
      Amortization and depreciation                            1,213                     -           3,638                     -
                                                      ---------------    ---------------    ---------------    ---------------
                                                             125,973             22,029            170,377             32,312
                                                      ---------------    ---------------    ---------------    ---------------
Income (Loss) before income taxes:                           (70,578)             9,858            (16,328)             3,119
      Income taxes                                                    -                  -                  -                  -
                                                      ---------------    ---------------    ---------------    ---------------
NET INCOME (LOSS)                                       $    (70,578)      $      9,858       $    (16,328)      $      3,119
                                                      ===============    ===============    ===============    ===============

NET INCOME (LOSS) PER COMMON SHARE                     $           -      $             -    $             -    $             -
                                                      ===============    ===============    ===============    ===============

Weighted average number of shares
outstanding                                               19,935,717         19,935,717         19,935,717         19,935,717
                                                      ===============    ===============    ===============    ===============

</TABLE>
                                                                F-3
<PAGE>
<TABLE>
<CAPTION>
                                                     EUROTRONICS HOLDINGS, INC.
                                                  Unaudited Statement of Cash Flows
                                     Nine Months Ended September 30, 1996 and September 30, 1995


                                                                                 Nine              Nine
                                                                                Months            Months
                                                                                 1996              1995
                                                                            ---------------   ---------------
CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                                            <C>               <C>        
     Net Income (Loss)                                                         $   (16,328)      $     3,119
                                                                            ---------------   ---------------

     Adjustments to reconcile net income (loss) to
     net cash used by operating activities:
        (Increase) decrease in accounts receivable                                 (71,605)           (8,363)
        Increase (decrease) in accounts payable                                    (34,837)           17,786
        Increase (decrease) in accrued liabilities & current portion                84,913               652

                                                                            ---------------   ---------------
        Total adjustments                                                          (21,529)           10,075
                                                                            ---------------   ---------------

     Net cash (used) by operating activities                                       (37,857)           (6,956)
                                                                            ---------------   ---------------

CASH FLOWS FROM INVESTING ACTIVITIES:
     Capital expenditures                                                          (13,678)

     Net cash provided (used) by investing activities                              (13,678)                  -
                                                                            ---------------   ---------------

CASH FLOWS FROM FINANCING ACTIVITIES:
     Net effect of recapitalization                                            $    48,831     $            -

     Net cash provided by financing activities                                      48,831                   -
                                                                            ---------------   ---------------

Net increase (decrease) in cash and equivalents                                     (2,704)           (6,956)

Cash and equivalents, beginning                                                     23,838                   -
                                                                            ---------------   ---------------

Cash and equivalents, ending                                                   $    21,134       $    (6,956)
                                                                            ===============   ===============


                                                             F-4
</TABLE>
<PAGE>

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


     On July 16, 1996,  the Company  executed an Agreement for Exchange of Stock
(the "Agreement") with InterConnect West, Inc., a Utah corporation  ("ICW"), and
Mark Tolman who prior to the Agreement owned of 100% of the outstanding  capital
stock  of ICW.  The  Agreement  was made  effective  June 17,  1996.  Under  the
Agreement,  the Company  acquired all outstanding  shares of ICW, making ICW the
Company's  wholly-owned  subsidiary.  For a  description  of  the  terms  of the
Agreement, see the Company's Form 10-QSB for the period ended June 30, 1996.

     ICW is the developer of Access Market Square,  an electronic  shopping mall
on the  World  Wide  Web.  ICW  designs  web  pages,  known as  storefronts,  to
businesses  interested in advertising  and marketing their products and services
via the  Internet.  Through  Access  Market  Square,  Internet  users can browse
through a business entity's catalog and place orders electronically. Hundreds of
businesses  currently  have  storefronts  in  Access  Market  Square  and  those
storefronts  are  visited  over  60,000  times  daily.  The  median  cost  for a
storefront on Access Market Square is approximately $2,500 per year.

     On July 30, 1996, a majority of the  Company's  shareholders  consented to,
approved and ratified the Agreement to acquire ICW pursuant to a written consent
executed in lieu of a shareholders'  meeting.  Of the 4,420,336 shares of common
stock, par value $0.0001 ("Common Stock"), outstanding on that date, the holders
of 2,996,824  shares,  or 67%, voted to approve the Agreement.  The shareholders
also  voted to change the  Company's  name to Access  Market  Square,  Inc.  and
approved a 1-for 10 reverse split of the Company's Common Stock.

     Pursuant to Regulation 14C under the  Securities  Exchange Act of 1934 (the
"Act"), the Company is in the process of disseminating an information  statement
to all  shareholders  who did not sign the written  shareholders'  consent.  The
Company is preparing proforma financial  information  required to be included in
the information  statement.  The Company intends file a preliminary  information
statement  within  1-2  weeks of the  filing of this Form  10-QSB.  The  Company
anticipates that it will file a definitive  information  statement 10 days after
the preliminary version is filed. Neither the Agreement, the name change nor the
reverse  stock  split  will be  effective  until 20 days  after  the  definitive
information statement is filed.

       The Company  conducts all of its operations  through ICW and has no other
operations.  An understanding of the Company's  financial condition is therefore
not possible without reference to the operations and financial condition of ICW.
Moreover,  the Company  believes that the  acquisition of ICW is effective under
relevant  state law.  Therefore,  even though the Agreement  with ICW is not yet
effective for purposes of the Act, the Company has  consolidated  the operations
of ICW into the financial  statements  that accompany this Form 10-QSB,  and the
following discussion treats the acquisition of ICW as effective.

     The Company's  focus is to increase  ICW's revenues by increasing the scope
of ICW's  operations.  Pursuant to this objective,  the Company is attempting to
implement an aggressive  marketing plan.  Beginning in late 1996, ICW intends to
hire two sales  professionals  to augment their current staff.  If hired,  these
employees  will be  responsible  for making sales calls to targeted  businesses.
They will also  receive  incoming  sales  calls from leads  generated  by Access
Market Square's printed and online advertising. The Company also intends to hire
a marketing professional to work with pricing,  advertising,  product definition
and other key marketing tenets.
<PAGE>
     To complement  its  telemarketing,  the Company  intends to employ a direct
mailing  campaign.  This will  consist of postage  cards to be  disseminated  to
approximately 20,000 individuals per month. This advertising will be targeted to
individuals  who desire  programming and graphic art work in connection with the
development  of a personal web page. The goal of this direct mail marketing plan
is to  generate  leads for the sale of Access  Market  Square  storefronts.  The
Company is also  planning to conduct a series of seminars to be held  throughout
North  America.  The goal of the seminars is two-fold.  First,  the Company will
conduct face to face marketing of its storefronts to business  entities suitable
to market  products and services via Access Market Square.  Second,  the Company
will market business  opportunities to individuals  interested in selling Access
Market  Square  storefronts  on behalf of ICW.  ICW has been  involved  in these
seminars in the past and found them very lucrative.

     The Company hopes to implement this marketing plan as a means of increasing
ICW's revenues and market penetration. The Company has estimated the annual cost
of this new marketing  plan at  approximately  $1,408,000.  This amount  greatly
exceeds the $67,825 in expenses which ICW incurred  during the 1995 fiscal year,
and will therefore put increased strain on ICW's liquidity. However, the Company
believes  that such  expenditures  will result in revenues  for ICW that greatly
exceed those of 1995. Therefore, the Company has estimated that much of the cash
flow  necessary  to  implement  the  marketing  plan  can be  generated  through
revenues. The Company is currently investigating additional methods of potential
financing,  including a potential  future  private  offering of debt  securities
and/or a public or private  offering  of its Common  Stock.  No  material  steps
toward  obtaining  such financing have been taken and the Company can provide no
assurances  that ICW's revenues will be sufficient to cover its marketing  costs
or that other means of raising capital will be available to ICW.

     The  Company  anticipates   spending  an  additional  $50,000  on  computer
equipment and Internet connection fees to supplement its current facilities. The
Company  believes  that these  capital  expenditures  are  necessary  for ICW to
maintain  its current  service  level in light of  anticipated  increases in the
scope of ICW's  operations.  Management  believes  that the cash needed for this
equipment can also be generated through ICW's revenues or through an offering of
the Company's securities.

Results of Operations

     Gross  revenues for the nine months ended  September 30, 1996 were $253,762
compared to $81,999 for the same period in 1995.  During the three  months ended
September 30, gross revenue was $84,560 for 1996 and $63,020 for 1995.

     Costs of revenues  increased  from $46,568  during the first nine months of
1995 to $98,713  for the same period in 1996.  Costs of  revenues  for the third
quarter in 1996 were $29,165 compared to 31,133 for the same period in 1995.

     Gross profit was $154,059 for the nine months ended  September 30, 1996 and
$35,431 for the quarter  ended the same date.  Gross profit as a  percentage  of
revenues was 60.1% and 43.2%, respectively. Selling, general, and administrative
expenses were $170,337 from January 1 through September 30, 1995 and $32,312 for
the  comparable  period in 1996.  For the quarter ended  September 30,  selling,
general,  and  administrative  expenses  were  $22,029 for 1995 and $125,973 for
1996.

     Net loss was  $16,328  during the nine  months  ended  September  30,  1996
compared to a net profit of $3,119 during the comparable period in 1995. For the
quarter  ended  September,  the  Company  recorded  a net loss in the  amount of
$70,578 in 1996 compared to a net profit of $9,858 in 1995.
<PAGE>

Capital Resources and Liquidity

     The Company had a net working  capital  deficit of $18,269 as of  September
30,  1996  compared  to a  working  capital  deficit  of  $16,717  at the end of
September  1995.  The main reason  behind this  working  capital  decrease is an
increase in accrued expenses from operations.

     Net stockholders' equity in the Company was $126,518 at the end of December
1995,  as  compared  to a deficit of $126,518 as of  September  30,  1996.  This
decrease is primarily due to the acquisition of ICW.

                                     PART II



ITEM 6.


     (a) Exhibits.  Exhibits  required to be attached by Item 601 of  Regulation
         S-B are  listed in the Index to  Exhibits  beginning  on page 6 of this
         Form 10-QSB, which is incorporated herein by reference.

     (b) Reports on Form 8-K.  The  Company did not file any reports on Form 8-K
         during the fiscal quarter ended September 30, 1996.
<PAGE>
                                   SIGNATURES

     In accordance with Section 13 or 15 (d) of the Exchange Act, the registrant
caused this report to be signed on ts behalf by the undersigned,  thereunto duly
authorized, this 19th day of November 1996.

Eurotronics Holdings Incorporated


/S/ Mark Tolman
Mark Tolman, President

     In  accordance  with the Exchange Act, this report has been signed below by
the following  persons on behalf of the  registrant and in the capacities on the
dates indicated.


Signature                Title                              Date


/s/ Mark Tolman          President, Director                November 19, 1996
Mark Tolman


/s/Michael Bodsky       Secretary Treasurer and Director    November 19, 1996
Michael Brodsky
<PAGE>
                                INDEX TO EXHIBITS


EXHIBIT        PAGE
NO.            NO.       DESCRIPTION OF EXHIBIT


10(i)(c)       *          Agreement  of  Exchange  of Stock  signed  on July 15,
                          1996,  effective  June 17,  1996,  by and  between the
                          Company  and  InterConnect  West,  Inc.  (Incorporated
                          herein by  reference  from the  Company's  Form 10-QSB
                          filed with the Commission on July 18, 1996.)


* These exhibits appear in the manually signed original copies of the respective
filings made by the Company with the Commission as indicated.