<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

          [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                                   SECURITIES
                              EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 2002


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

                     For the transition period from     to

                         Commission File No. 33-55254-28

                        FIRST CAPITAL RESOURCES.COM, INC.
             (Exact name of Registrant as specified in its charter)

              NEVADA                                         87-0438641
       (State or other jurisdiction of                    (I.R.S. Employer
       incorporation or organization)                   Identification Number)

       4500 140th Avenue N., Suite 220
       Clearwater, Florida                                      33762
       (Address of principal executive offices)               (Zip Code)

       Registrant's telephone number, including area code (727) 536-5966

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for 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. [ X ] Yes [ ] No

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.

<TABLE>
<CAPTION>

               Class                        Outstanding as of September 30, 2002
               -----                        ------------------------------------
<S>                                         <C>
$.001 PAR VALUE CLASS A COMMON STOCK                  10,770,000 SHARES
</TABLE>

                                       1
<PAGE>
                        FIRST CAPITAL RESOURCES.COM, INC.

                                      INDEX

<TABLE>
<CAPTION>

Part I.  Financial Information                                           Page #
                                                                         ------
<S>                                                                      <C>
  Item 1. Financial Statements

    Condensed consolidated balance sheets - September 30, 2002, and
        December 31, 2001                                                    3
    Condensed consolidated statements of operations - Three and Nine
        months ended September 30, 2002, and three and nine months
        ended September 30, 2001 (unaudited)                                 4

    Condensed consolidated statements of cash flows - Nine months
        ended September 30, 2002, and nine months ended
        September 30, 2001 (unaudited)                                       5

    Notes to condensed consolidated financial statements                  6 -7

  Item 2. Management's Discussion and Analysis                            7 -8

Part II. Other Information                                                   9

Signature Page                                                              10
</TABLE>

                                       2
<PAGE>
PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

                 FIRST CAPITAL RESOURCES.COM, INC. & SUBSIDIARY
                      CONDENSED CONSOLIDATED BALANCE SHEET
                    SEPTEMBER 30, 2002, AND DECEMBER 31, 2001


<TABLE>
<CAPTION>

                                                         September 30, 2002    December 31, 2001
                                                             (Unaudited)          (Audited)
<S>                                                      <C>                   <C>
ASSETS:

Finance receivables, net                                    $     20,014         $     24,420
Cash and Cash Equivalents                                         86,186              903,642
                                                            ------------         ------------
TOTAL ASSETS                                                $    106,200         $    928,062
                                                            ============         ============

LIABILITIES AND DEFICIENCY IN ASSETS:
Liabilities:
Accounts payable and other liabilities                             4,056               17,888
Due to parent company                                          2,696,501            3,384,718
                                                            ------------         ------------

TOTAL LIABILITIES                                              2,700,557            3,402,606

Deficiency in Assets:
Common stock, par value $.001 per share; 100,000,000
    shares authorized, (10,770,000
    shares issued and outstanding)                                10,770               10,770
Additional paid-in capital                                     1,951,438            1,951,438
Accumulated Deficit                                           (4,556,554)          (4,436,752)
                                                            ------------         ------------
TOTAL DEFICIENCY IN ASSETS                                    (2,594,356)          (2,474,544)
                                                            ------------         ------------
TOTAL LIABILITIES AND DEFICIENCY IN ASSETS                  $    106,200         $    928,062
                                                            ============         ============
</TABLE>

      See notes to condensed consolidated financial statements - unaudited


                                       3
<PAGE>
                 FIRST CAPITAL RESOURCES.COM, INC. & SUBSIDIARY
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                       FOR THE PERIODS ENDED SEPTEMBER 30,
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                    9 months ended                            3 months ended
                                               2002                 2001                 2002                 2001
                                           ------------         ------------         ------------         ------------
<S>                                        <C>                  <C>                  <C>                  <C>
REVENUES:
Loan interest and fees                     $      5,368         $    144,540         $        595         $     28,115
Less: Interest expense                         (211,783)            (262,733)             (64,678)             (86,340)
Collection of A/C Written Off                   130,000               45,000                   --                   --
                                           ------------         ------------         ------------         ------------
Net Revenue (Interest Expense)             $    (76,415)        $    (73,193)        $    (64,083)        $    (58,225)
                                           ------------         ------------         ------------         ------------

OPERATING AND OTHER EXPENSES:

Provision for Credit Losses                          --               43,567                   --               43,567
General and administrative expenses              43,398               94,911               11,730               42,085
                                           ------------         ------------         ------------         ------------
Total expenses                                   43,398              138,478               11,730               85,652
                                           ------------         ------------         ------------         ------------

(Loss) before income taxes                     (119,813)            (211,671)             (75,813)            (143,877)

Income tax expense                                   --                   --                   --                   --
                                           ------------         ------------         ------------         ------------
Net  Loss                                      (119,813)            (211,671)             (75,813)            (143,877)
                                           ============         ============         ============         ============

Net  Loss per share                        $      (0.01)        $      (0.02)        $      (0.01)        $      (0.01)
                                           ============         ============         ============         ============
Weighted average number of
  shares outstanding                         10,770,000           10,770,000           10,770,000           10,770,000
                                           ============         ============         ============         ============
</TABLE>


      See notes to condensed consolidated financial statements - unaudited


                                       4
<PAGE>
                 FIRST CAPITAL RESOURCES.COM, INC. & SUBSIDIARY
             CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE
                   NINE MONTHS ENDED SEPTEMBER 30, (UNAUDITED)


<TABLE>
<CAPTION>
                                                                          2002                 2001
                                                                      ------------         ------------
<S>                                                                   <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net (Loss)                                                       $   (119,813)        $   (211,671)
                                                                      ------------         ------------
     Adjustments to reconcile net loss to net cash provided by
            operating activities:
            Increase in Due to Parent due to Interest Expense              211,783              262,733
            Decrease in accounts payable
                 and other liabilities                                     (13,832)             (10,592)
                                                                      ------------         ------------
                     Total adjustments                                     197,951              252,141
                                                                      ------------         ------------
            Net cash provided by operating activities                       78,138               40,470
                                                                      ------------         ------------
CASH FLOW FROM INVESTING ACTIVITIES:
     Decrease in floor plan receivables                                      4,406              305,501
                                                                      ------------         ------------
            Net cash provided by investing activities                        4,406              305,501
                                                                      ------------         ------------
CASH FLOWS FROM FINANCING ACTIVITIES:
     Amounts repaid to Parent Company                                     (900,000)            (870,000)
                                                                      ------------         ------------
            Net cash used in financing activities                         (900,000)            (870,000)
                                                                      ------------         ------------
NET DECREASE IN CASH & CASH EQUIVALENTS                                   (817,456)            (524,029)

CASH & CASH EQUIVALENTS - BEGINNING OF PERIOD                              903,642            1,677,955
                                                                      ------------         ------------
CASH & CASH EQUIVALENTS - END OF PERIOD                               $     86,186         $  1,153,926
                                                                      ============         ============
</TABLE>


      See notes to condensed consolidated financial statements - unaudited


                                       5
<PAGE>

NOTES TO FINANCIAL STATEMENTS

1.    BASIS OF PRESENTATION

The accompanying (unaudited) condensed consolidated financial statements of
First Capital Resources.Com, Inc., have been prepared in accordance with
accounting principles generally accepted in the United States for interim
financial information and with the instructions to Form 10-QSB and, therefore,
do not include all information and footnotes necessary for a complete
presentation of financial position, results of operations, cash flows and
changes in stockholders' equity in conformity with generally accepted accounting
principles.

In the opinion of management, all adjustments considered necessary for a fair
presentation of the results of operations and financial position have been
included and all such adjustments are of a normal recurring nature. Operating
results for the nine months ended September 30, 2002, are not necessarily
indicative of the results that can be expected for the year ended December 31,
2002.

The financial data at December 31, 2001, is derived from audited financial
statements that are included in the Company's Annual Report on Form 10-KSB and
should be read in conjunction with these condensed consolidated financial
statements.

2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of consolidation - The condensed consolidated financial statements include
the accounts of First Capital Resources.Com, Inc., and its subsidiary Affordable
Dealer Services, Inc. (the Company). All significant intercompany accounts and
transactions have been eliminated in consolidation.

Use of Estimates - The accounting and reporting policies of the Company are in
conformity with accounting principles generally accepted in the United States of
America and general practices within the finance industry. The preparation of
financial statements in conformity with accounting principles generally accepted
in the United States of America requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and
disclosures of contingent assets and liabilities as of the balance sheet date
and the reported amounts of revenues and expenses for the periods presented.
Actual results could differ from those estimates.

The allowance for credit losses is an estimate that is established through
charges to earnings. Loans that are determined to be uncollectible are charged
against the reserve and any subsequent recoveries are credited to other income.
The allowance for credit losses is maintained at an amount considered by
management to be adequate to absorb potential credit losses based upon an
evaluation of known and inherent risks in the portfolios. Management's periodic
evaluation takes into consideration both the timing and severity of losses
experienced by both the Company and the industry. Future adjustments to the
reserve may be necessary if conditions differ substantially from the assumptions
used in making the evaluation. Given the nature of lending activities, it is
reasonably possible the Company's estimate of the allowance for credit losses
could materially change in the near future.

3.    GOING CONCERN UNCERTAINTIES

The accompanying financial statements have been prepared in conformity with
accounting principles generally accepted in the United States of America, which
contemplates continuation of the Company as a going concern. The Company has a
substantial deficiency in assets. It is reasonably possible that FACT, the
principal source of liquidity for the Company, may not provide additional
capital to the Company and/or may demand repayment of the amount due to Parent.
Should such demand be made, the Company would not have the ability to repay such
amount.

In November of 2000, the creditors of Parent and the Bankruptcy Court approved a
Plan of reorganization. The Plan called for the transfer of all of Parent's
assets, including the 10,000,000 shares of the Company and the amount the
Company owes to Parent at December 31st of approximately $4,200,000, to a new
entity, the First American Capital Liquidating Trust ("FACLT"). This transfer
was completed January 1, 2001. The Plan and subsequent Court approved Orders
provide the Company with the flexibility to sell some or all of its remaining
assets to FACLT against the remaining debt outstanding. To the extent that the
debt is not fully repaid, up to an additional 4,000,000 shares in the Company
may be issued to FACLT to satisfy any remaining debt. The Company may leave
certain assets in the Company if an appropriate merger or acquisition candidate
can be located or it may sell all of the assets and sell the Company as is
without any assets or liabilities. No final decision has been made.


                                       6
<PAGE>
4.    NET LOSS PER SHARE

      The Company applies Statement of Financial Accounting Standards No. 128,
      "Earnings per Share" (FAS 128). Net loss per share excludes dilution and
      is computed by dividing net income (loss) by the weighted average number
      of common shares outstanding during the reported periods.

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

      The following discussion and analysis provides information which
      management believes is relevant to an assessment and understanding of the
      Company's consolidated financial condition and results of operations and
      cash flows. The discussion should be read in conjunction with the
      condensed financial statements and notes thereto.

      RESULTS OF OPERATIONS

      Net revenues

      Three Months ended September 30

      The loan interest and fee income was $595 for the three months ended
      September 30, 2002 as compared to $28,115 for the same three-month period
      last year. Interest revenue and fee income earned declined due to a lower
      amount of loans outstanding this period as compared to the same period
      last year The interest income for the three months was offset by $64,678
      of interest expense accrued on the intercompany loan to FACLT as compared
      to $86,340 in the same period last year. The lower amount of interest
      expense is due to the reduction of the loan to FACLT by approximately
      $900,000 since the beginning of the year. This reduction in interest
      expense was much smaller than the decline in interest revenues during the
      period resulting in a higher Net Interest Expense for the period.

      Nine Months Ended September 30

      Loan interest and fee income for the nine months ended September 30, 2002
      were only $5,368 as compared to $144,540 for the same period last year.
      The decrease is due to the lower amount of loans outstanding and the
      amount of cash on hand. Interest expense for the period was $211,783 as
      compared to $262,733 for the same nine months last year. The decrease is
      due to the lower amount owing to FACLT as compared to last year. The
      reduction in interest expense was not enough to offset the reduction in
      loan interest revenue and fee income resulting in a lower net interest
      expense.

      During the nine months ended September 30, 2002, the Company collected
      $130,000 from accounts previously written off. The amount was collected
      via a settlement of a legal action brought to recover a loan in default.
      During the same period last year $45,000 was recovered on account of
      settling litigation brought against a party owing the Company money.

      This resulted in a net loss for the nine months of $122,713 as compared to
      a net loss of $211,671 for the same period last year. Due to the high
      interest expense on the intercompany loan to FACLT plus the declining
      revenues coming into the Company and the uncertainty of whether any future
      amounts owing the Company will be collected by litigation, the Company
      will likely have losses for the rest of the year.

      Net expenses

      Three months ended September 30

      Net general and administrative expenses for the three months ended
      September 30 were $11,730 as compared to $42,085 for the same period last
      year. Selling, general and administrative expenses for the three months
      ended September 30, 2001 include in management fees paid to FACLT of
      13,500. The majority of general and administrative expenses were legal
      fees incurred in the collection of outstanding loans and accounts
      receivable and they were significantly lower during the three-month period
      just ended as compared to the same period last year. The Company had no
      further credit losses this year but had $43,567 during the same period
      last year. The net loss


                                        7
<PAGE>
      for the three months ended September 30, 2002 was $78,173 as compared to a
      net loss of $143,877 for the three-month period last year. This is due to
      the fact that even though revenues were lower, interest expense on the
      loan to FACLT was also lower, there was no provision for credit losses
      this year and general and administrative expenses were much lower. The
      Company should continue to lose money for the rest of the year due to the
      interest expense on the intercompany loan however this may be offset if
      certain of the Company's collection actions are successful or if an
      acquisition or business combination can be identified.

      Nine months ended September 30

      Net general and administrative expenses for the nine months ended
      September 30 were $43,398 as compared to $94,911 for the same nine-month
      period last year. Most of the general and administrative expenses in both
      periods were legal fees for incurred in connection with the collection of
      outstanding loans and other amounts owing the Company. During the nine
      months last year the Company incurred $43,567 in provisions for credit
      losses as compared to $0 this year.

      LIQUIDITY AND CAPITAL RESOURCES

      The Company currently has $86,186 in cash and equivalents on hand and
      another $20,014 in other loans and receivables against only $6,956 in
      accounts payable. However, the Company is currently indebted to its parent
      Company, FACLT, in the amount of $2,696,501. As was disclosed in the
      previous Report on Form 10-KSB and in the notes to these financial
      statements, FACT confirmed a Plan of Reorganization to emerge from Chapter
      11. The Plan calls for a liquidation of all the assets of the Company and
      repayment, to the extent possible, of the loans owed to FACLT (the
      successor to FACT) and a conversion of all or part of the debt to
      additional shares in the Company. Further as stated in the Plan, the
      Company will continue to pursue an acquisition of or combination with an
      ongoing business or an outright sale of the Company to a new controlling
      shareholder. In doing so, certain assets may remain with the Company as
      part of a merger, acquisition or outright sale.


                                       8
<PAGE>
PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 2. Changes in Securities and Use of Proceeds

None

Item 3. Defaults Upon Senior Securities

None

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

None

Item 5. Other Information

      First American Capital Liquidating Trust (the "Trust"), majority owner of
First Capital Resources.com, Inc. (the "Company") has entered into an agreement
to sell to WF Fund 9.5 million of the 10 million shares the Trust currently
owns. As a result of the transaction, WF Fund will become the controlling
shareholder of the Company. The transaction is expected to close on or about
November 13, 2002. Upon completion of the purchase, the Company will file such
additional disclosure documents as may be necessary. Additionally, because of
the uncollectability of the monies ("the Debt") owed to the Trust by the
Company, the Trust will be assigning the Debt to an unaffiliated third party.

Item 6. Exhibits and Reports on Form 8-K

(a)   Exhibits required by Item 601 of Regulation S-K

      None

(b)   Reports on Form 8-K

      None


                                       9
<PAGE>
                           CERTIFICATION PURSUANT TO
                            18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                          SECTIONS 302 and 906 OF THE
                           SARBANES-OXLEY ACT OF 2002



In connection with the Quarterly Report of First Capital Resources.com, Inc.
(the "Company") on Form 10-QSB for the period ending September 30, 2002, as
filed with the Securities and Exchange Commission on the date hereof
(the "Report"), we certify, pursuant to 18 U.S.C. (S) 1350, as adopted
pursuant to (S) 906 of the Sarbanes-Oxley Act of 2002, that:

     (1)    The Report fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and

     (2)    The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company.


     (3)     The signing officer has reviewed the report;

     (4)     Based on the officer's knowledge, the report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
in order to make the statements made, in light of the circumstances under which
such statements were made, not misleading;

     (5)    Based on such officer's knowledge, the financial statements, and
other financial information included in the report, fairly present in all
material respects the financial condition and results of operations of the
issuer as of, and for, the periods presented in the report;

     (6)    The signing officers--

           i.     are responsible for establishing and maintaining internal
                  controls;

          ii.     have designed such internal controls to ensure that material
                  information relating to the issuer and its consolidated
                  subsidiaries is made known to such officers by others within
                  those entities, particularly during the period in which the
                  periodic reports are being prepared;

         iii.     have evaluated the effectiveness of the issuer's internal
                  controls as of a date within 90 days prior to the report; and

          iv.     have presented in the report their conclusions about the
                  effectiveness of their internal controls based on their
                  evaluation as of that date;


     (7)    The signing officers have disclosed to the issuer's auditors and the
 audit committee of the board of directors (or persons fulfilling the equivalent
 function)--

          i.      all significant deficiencies in the design or operation of
                  internal controls which could adversely affect the issuer's
                  ability to record, process, summarize, and report financial
                  data and have identified for the  issuer's auditors any
                  material weaknesses in internal controls; and

         ii.     any fraud, whether or not material, that involves management
                 or other employees who have a significant role in the issuer's
                 internal  controls; and

     (8)     The signing officers have indicated in the report whether or not
 there were significant changes in internal controls or in other factors that
 could significantly affect internal controls subsequent to the date of their
 evaluation, including any corrective actions with regard to significant
 deficiencies and material weaknesses.




_________________________________
Derri Davisson, President
                                       10
<PAGE>
                                   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.

                                   FIRST CAPITAL RESOURCES.COM, INC.



Date:  November 14, 2002           By:  /s/ Derri Davisson, President
                                        ----------------------------------------
                                        Derri Davisson, President


                                       11