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

                                   FORM 10-QSB
(Mark One)

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

For the quarterly period ended                       June 30, 1999
                               -----------------------------------

[  ]     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.     33-55254-42
                    ---------------

                        QUANTITATIVE METHODS CORPORATION
        (Exact name of Small Business Issuer as specified in its charter)

         NEVADA                                  87-0485310
--------------------------------           ----------------
(State or other jurisdiction of            (I.R.S. Employer Identification
incorporation or organization)                                Number)


         203-6200 Taschereau Blvd. East
         Brossard (Quebec) Canada                             J4W 3J8
---------------------------------------------------------------------
(Address of principal executive offices)                      (Zip Code)


Issuer's telephone number, including area code                (888) 713-2222
                                                              --------------


         Indicate  by check mark  whether  the Issuer (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 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  the  number of  shares  outstanding  of each of the  Issuer's
classes of common stock, as of the latest practicable date.

                  Class                          Outstanding as of June 30, 1999
-------------------------------------         ----------------------------------
$.001 PAR VALUE CLASS A COMMON STOCK                   9,300,000 SHARES



                                        1

<PAGE>



ITEM 1.           MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL
                  CONDITION AND RESULTS OF OPERATIONS.

         THE FOLLOWING  DISCUSSION MAY INCLUDE  FORWARD-LOOKING  STATEMENTS WITH
RESPECT  TO  THE  COMPANY'S  FUTURE  PERFORMANCE.   ACTUAL  RESULTS  MAY  DIFFER
MATERIALLY  FROM  THOSE  CURRENTLY   ANTICIPATED  AND  FROM  HISTORICAL  RESULTS
DEPENDING UPON A VARIETY OF FACTORS,  INCLUDING  THOSE DESCRIBED BELOW UNDER THE
SUB-HEADING,  "BUSINESS RISKS." SEE ALSO THE COMPANY'S ANNUAL REPORT ON FORM 10K
FOR THE YEAR ENDED DECEMBER 31, 1998.

HISTORY AND PURPOSE
         Quantitative   Methods  Corporation  (the  "Company"  or  "QTTM"),  was
incorporated  under the laws of Nevada on July 26,  1990.  Quantitative  Methods
Corporation  shares  are  currently  traded  under the  symbol  QTTM on the NASD
Electronic Bulletin Board System.

         In January 1999,  the Company  completed a transaction  with  Softguard
Enterprises,  Inc. ("Softguard") a private Canadian corporation,  formed in June
1995. As part of this  Agreement,  the Company  issued and  delivered  7,650,000
shares of its Common Stock bearing a restrictive  legend,  in exchange for which
issuance QTTM acquired all of the outstanding shares of Softguard. Following the
transaction  the former  shareholders  of Softguard owned 82% of the outstanding
shares of the Company.  With this acquisition,  the Company received  scientific
research  and  experimental  development  tax  grants,  computer  equipment  and
software,  patents  and other  intangible  assets  related  to the  business  of
Softguard.

         No  material  relationship  exists  between the former  management  and
directors of Quantitative  Methods  Corporation  and the current  management and
directors.

         At the present time,  the Company's  mission is to invest in and ensure
sustainable  growth  of a  diversified  portfolio  of  emerging  e-business  and
Internet  software  companies.  In the  opinion of  management  these  potential
business ventures should provide a source of eventual profit to the Company.

BUSINESS ACTIVITIES
         Since its inception, Softguard Enterprises Inc. has dedicated itself to
the research and development of technologies for use in the field of information
systems management and security.  To ensure that customer security,  performance
and robustness requirements will be met at all times, Softguard has engineered a
unique Internet  client/server  system  technology  based on a series of Master,
Sub-Station and Proxy servers.

         Softguard is a development  stage enterprise and has had no revenues to
date.  Softguard's  resources  have  been  committed  to the  implementation  of
state-of-the-art  Internet  protocols to create  leading-edge  software security
solutions  in the  development  of a discreet,  non-intrusive,  intelligent  and
universal architecture. The system was developed in a Unix environment, based on
Linux.  The free POSIX operating  system  architecture is robust,  efficient and
stable.

                                        2

<PAGE>



         Reaching  the  final   development   stages  of  the  system  and  core
architecture,  this work has primarily consisted of the creation of two products
that fall under the  following  categories:  A)  Software  License  Notification
Service ("SLNS"), and B) Quorum Document Authentication Program.

         The working  prototype of SLNS was designed to provide customers with a
secure,  private  and  efficient  means of  verifying  the  origin,  legality or
integrity  of software  within their  computing  environment.  It also  provides
timely access to product upgrade and security information.

         Quorum provides  technology for document  validation,  version control,
and  distributed  annotation  and  approval for all  organizations  that need to
verify that a given file is an authentic replica of an original.

         Management  expects  to be able to expand the core  technology  and the
majority  of the  existing  code to  support  other  applications  in the secure
circulation  of digital  information,  including  sound and image files,  online
copyright control, document security and confidentiality audit, as well as virus
protection;  in short,  supporting the intellectual property protection of every
kind of computerized data.

         To meet the  objectives  of its  business  plan and reach an economy of
scale in the short-term, the Company has initiated several acquisitions.

         During 1999, the Company  entered into a verbal  agreement to acquire a
100%  interest  in  SolarPro  Reg'd  (Gestion   Danpe  Inc.)   ("SolarPro"),   a
Canadian-based solar technology  equipment  manufacturer and distributor located
in Asbestos  (Quebec) Canada.  With this  acquisition,  the Company will receive
manufacturing  equipment,  prototypes,  inventory,  accounts  receivable  and an
established market presence in Canada and the United States. Gestion Danpe, Inc.
was  incorporated  in March 1991 and has operated under the  registered  name of
SolarPro since August 1996.

         The Company hopes to finalize this acquisition in the second quarter of
2000, pending the approval and markings from the Canadian Standards  Association
(CSA) for the National Recognized Testing  Laboratories (NRTL) certification for
the solar units. Solarpro is the top-line and unique manufacturer using anodized
extruded  aluminum in the construction of high-end solar units that have minimal
assembly requirements. The primary advantage of these units is the durable, high
quality  finish that extends the useful life of the product line for  commercial
use.

         Based on  funding  from  QTTM,  SolarPro  will  develop  a  significant
business-to-business  e-model and relocate  their  manufacturing  facilities  in
order to expand  operations  that will  benefit and focus  resources  on product
development, sales and distribution.

         The  Company  has also  initiated  discussions,  which are  nearing the
contract stage, with SysDem, Inc.  ("SysDem"),  a Canadian  corporation based in
Longueuil  (Quebec)  Canada.  SysDem is an  Internet  marketing  service  bureau
incorporating  proprietary  server  technology  that  offers a  better,  faster,
cheaper and simpler way of marketing with personalized email. The

                                        3

<PAGE>



integration of the best database marketing practices into high volume mail merge
functionality  allows the massive  delivery of highly  personalized  messages to
permission-granted  customers.  Since the  product  launch in April  1999,  this
system has delivered double digit response rates for clients.

         QTTM's   management   believes  that  the  combination  of  Softguard's
technology  with SysDem's  personalized  email delivery  system would be a major
development for on-line marketing.

         The Company hopes to acquire  SysDem during the second  quarter of 2000
and in order to reduce  overhead  costs,  Softguard  and  SysDem  would  combine
facilities at that time.

RESULTS OF OPERATIONS
         During  the  three  months  ending  March  31,  1999 the  Company  lost
$124,932; during the three months ending June 30, 1999 such loss was $134,167.

         For the six months ending June 30, 1999 the Company lost $ 259,099.

         Any  comparison  to  the  same  periods  of the  prior  year  would  be
meaningless  because the Company  conducted no significant  business  operations
prior to 1999 and, consequently, such comparison has been omitted.

         All of the losses  incurred by the Company  during 1999 were the result
of the on-going  efforts of the  Company's  subsidiary  Softguard to advance the
development  of its  software  security  and  document  authentication  programs
discussed  above.  Currently 10  individuals  are engaged in various  capacities
relating to the development of Softguard's products.

         There  can be no  assurance  that the  Company  will  have the  capital
resources  necessary to complete the introduction of the Softguard products in a
timely manner in accordance  with the Company's  business  plan.  The Company is
currently pursuing various funding prospects for these projects.

         The majority of the Company's research and development was conducted at
the principal office situated in Brossard (Quebec) Canada, a suburb of Montreal.
Softguard  incurred  substantial  research  and  development  costs for the core
architecture and the SLNS product prior to January 1999.

LIQUIDITY AND CAPITAL RESOURCES
         The Company is currently seeking additional working capital to meet its
short-term  growth needs,  including the  acquisition of  potentially  favorable
business opportunities.

         Management  believes,  although  there  can be no  assurance,  that the
Company  will have  sufficient  cash for its  immediate  needs  over the next 12
months regardless of its success in attracting  additional  capital  investment.
However, management also believes that a lack of

                                        4

<PAGE>



additional working capital during the year 2000 would substantially  curtail the
rollout of the current Softguard products.

NEW ACCOUNTING PRONOUNCEMENTS
         The Financial  Accounting  Standards  Board has adopted several notices
with regard to the treatment of interim financial  statements.  These issues are
presented in the Company's  interim  financial  statements.  As discussed in the
notes to the  interim  financial  statements,  the  implementation  of these new
pronouncements  is not  expected  to have a  material  effect  on the  financial
statements.

BUSINESS RISKS
         Management believes, but there can be no assurance, that the Company is
sufficiently  capitalized  to continue  operations for the remainder of the year
2000, however,  management is currently seeking additional capital investment to
fulfill research and development  requirements.  A lack of working capital could
have a material impact on short-term growth objectives.

         This  report  contains  a number of  forward-looking  statements  which
reflect  the  Company's   current  views  with  respect  to  future  events  and
performance.  These forward-looking  statements are subject to certain risks and
uncertainties  that  could  cause  actual  results  to  differ  materially  from
historical   results  or  those   anticipated.   In  this   report,   the  words
"anticipates",   "believes",   "expects",   "intends",   "future"   and  similar
expressions  identify  forward-looking  statements.  The Company  undertakes  no
obligation to publicly revise these forward-looking statements to reflect events
or circumstances that may arise after the date hereof.

ITEM 2.           LEGAL PROCEEDINGS                  (Not applicable)

         Legal  proceedings  relating to the previous  officers and directors of
Quantitative  Methods  Corporation  are outlined in detail in the  Company's 10K
filing for the year ending December 31, 1997.

         Management does not feel that the legal problems of the former officers
and  directors  of QTTM will have any  adverse  effect on the  Company.  Current
management  has no past or present legal problems and intends to comply with all
applicable laws.

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

                  (a)      Exhibits
                           Financial statements as of :       June 30, 1999

                  (b)      Reports on Form 8-K
                           None


                                        5

<PAGE>



SIGNATURES

         Pursuant to the  requirements  of the  Securities  and  Exchange Act of
1934,  the Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                QUANTITATIVE METHODS CORPORATION


Dated:   March 13, 2000         By:      s\Robert L. Seaman
                                         ------------------
                                      Robert L. Seaman, President and Director


                                        6

<PAGE>



                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                           CONSOLIDATED BALANCE SHEETS


<TABLE>
<CAPTION>
                                                                                June 30,          December 31,
                                                                                  1999                1998
                                                                           ------------------  -----------------
ASSETS                                                                         (Unaudited)          (Audited)
   CURRENT ASSETS
<S>                                                                        <C>                 <C>
     Accounts receivable                                                   $           29,369  $               0
     Income tax recoverable                                                           146,156                  0
     Prepaid expense                                                                    4,832                  0
                                                                           ------------------  -----------------

                                                   TOTAL CURRENT ASSETS               180,357                  0

   PLANT & EQUIPMENT                                                                   60,103                  0

   OTHER ASSETS
     Patents and trademarks                                                            37,817                  0
     Deferred tax benefit                                                              47,365                  0
                                                                           ------------------  -----------------
                                                                                       85,182                  0
                                                                           ------------------  -----------------

                                                           TOTAL ASSETS    $          325,642  $               0
                                                                           ==================  =================

LIABILITIES & EQUITY
   CURRENT LIABILITIES
     Cash overdraft                                                        $           55,448  $               0
     Accounts payable and accrued expenses                                            235,239                  0
     Current portion of long-term debt                                                 16,667                  0
                                                                           ------------------  -----------------

                                              TOTAL CURRENT LIABILITIES               307,354                  0

   LONG-TERM DEBT                                                                     132,649                  0
                                                                           ------------------  -----------------

                                                                                      440,003                  0
                                                                           ------------------  -----------------

   STOCKHOLDERS' EQUITY
     Common Stock $.001 par value:
       Authorized - 25,000,000 shares
       Issued and outstanding 9,300,000 shares
         (1,150,000 in 1998)                                                            9,300              1,150
     Additional paid-in capital                                                     1,533,560             74,850
     Retained earnings (Deficit)                                                   (1,657,221)           (76,000)
                                                                           ------------------  -----------------

                                             TOTAL STOCKHOLDERS' EQUITY              (114,361)                 0
                                                                           ------------------  -----------------

                                                                           $          325,642  $               0
                                                                           ==================  =================
</TABLE>


                                      F - 1

<PAGE>



                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                            AND COMPREHENSIVE INCOME
                                   (Unaudited)



<TABLE>
<CAPTION>
                                                                              Three Months         Six Months
                                                                                  Ended               Ended
                                                                              June 30, 1999       June 30, 1999
                                                                           ------------------  ----------------
<S>                                                                        <C>                 <C>
SALES                                                                      $                0  $              0
                                                                           ==================  ================

General and administrative expenses
     Professional fees                                                                  2,452              8,446
     Consulting                                                                        64,900            126,094
     Salaries and fringe benefits                                                      20,815             33,868
     Rent                                                                               5,465             10,895
     Travelling and business promotion                                                  3,045              3,045
     Office expenses                                                                    5,916              7,369
     Research and development                                                          24,293             49,299
     Telephone and communication                                                        1,861              4,153
     Insurance, taxes and licenses                                                        438                915
     Interest and bank charges                                                            462              2,101
     Interest on bank loan                                                             (2,467)            (1,060)
     Depreciation of fixed assets                                                       4,527              9,054
     Depreciation of deferred expenses                                                  2,460              4,920
                                                                           ------------------  -----------------

                              Total general and administrative expenses               134,167            259,099
                                                                           ------------------  -----------------

                                                      NET INCOME (LOSS)
                                                    BEFORE INCOME TAXES              (134,167)          (259,099)

                                                      NET INCOME (LOSS)              (134,167)          (259,099)
                                                                           ------------------  -----------------

                                                    TOTAL COMPREHENSIVE
                                                          INCOME (LOSS)    $         (134,167) $        (259,099)
                                                                           ==================  =================

Net income (loss) per weighted average share                               $             (.01) $            (.03)
                                                                           ==================  =================

Weighted average number of common shares used to
   compute net income (loss) per weighted average share                             9,300,000          9,300,000
                                                                           ==================  =================
</TABLE>



                                                     F - 2

<PAGE>



                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)



<TABLE>
<CAPTION>
                                                                               Six Months
                                                                                  Ended
                                                                                June 30,
                                                                                  1999
                                                                           ------------------
OPERATING ACTIVITIES
<S>                                                                        <C>
   Net earnings (loss)                                                     $         (259,099)
   Items not requiring cash outlays:
     Depreciation and amortization                                                     13,974
                                                                           ------------------

                                                                                     (245,125)
                                                                           ------------------

Changes in assets and liabilities                                                     257,893
                                                                           ------------------

                                                      NET CASH PROVIDED
                                                BY OPERATING ACTIVITIES                12,768

INVESTING ACTIVITIES
   Acquisition of fixed assets and deferred expenses                                   (8,536)
                                                                           ------------------

                                                        NET CASH (USED)
                                                BY INVESTING ACTIVITIES                (8,536)


FINANCING ACTIVITIES
   Variation of advances from a shareholders                                             (957)
   Issuance of common stock                                                               500
   Repayment of long-term debt                                                        (16,667)
                                                                           ------------------

                                                        NET CASH (USED)
                                                BY FINANCING ACTIVITIES               (17,124)
                                                                           ------------------

                                            INCREASE (DECREASE) IN CASH
                                                   AND CASH EQUIVALENTS               (12,892)

Cash and cash equivalents at beginning of year                                        (42,556)
                                                                           ------------------

                                              CASH AND CASH EQUIVALENTS
                                                       AT END OF PERIOD    $          (55,448)
                                                                           ==================

Cash paid for interest                                                     $            1,041
                                                                           ==================
</TABLE>



                                      F - 3

<PAGE>



                 QUANTITATIVE METHODS CORPORATION AND SUBSIDIARY
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                                  June 30, 1999


NOTE 1:           SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES
         Accounting Methods
         The Company  recognizes income and expenses based on the accrual method
         of accounting.

         Principals of Consolidation
         The  financial  statements  for contain the accounts of the Company and
         its wholly owned subsidiary, Softguard Enterprises, Inc. ("Softguard").

         Softguard is currently  the main line of business for the Company.  All
         significant   inter-company   transactions   have  been  eliminated  on
         consolidation.

         Dividend Policy
         The  Company  has not yet  adopted  any  policy  regarding  payment  of
         dividends.

         Fixed Assets
         The Company  amortized  its fixed  assets  according  to the  following
         methods and annual rates:
                  Computer equipment                 Declining         30%
                  Computer software                  Declining         30%
                  Furniture and fixtures             Declining         20%
                  Office equipment                   Declining         20%
                  Leasehold Improvements             Straight-line     33%
         The  Company   amortized  its  deferred   expenses   according  to  the
         straight-line method at an annual return of 20%.

         Revenue Recognition
         The Company has not recognized any revenue to date.

         Earnings (loss) per share
         Earnings or loss per common and common  equivalent share is computed by
         dividing net  earnings  (loss) by the weighted  average  common  shares
         outstanding during each period.

         Estimates
         The  preparation of financial  statements in conformity  with generally
         accepted  accounting  principles  requires management to make estimates
         and   assumptions   that  affect  the   reported   amounts  of  assets,
         liabilities,  revenues,  and  expenses  during  the  reporting  period.
         Estimates  also  affect  the   disclosure  of  contingent   assets  and
         liabilities  at the date of the financial  statements.  Actual  results
         could  differ  from these  estimates.  Such  estimates  of  significant
         accounting sensitivity are allowance for doubtful accounts.

         Income Taxes
         The Company  records the income tax effect of  transactions in the same
         year that the  transactions  enter  into the  determination  of income,
         regardless of when the  transactions  are  recognized for tax purposes.
         Tax credits are recorded in the year realized.

         At December 31, 1998 a deferred tax asset has not been  recorded due to
         the  Company's  change in  control  and lack of  operations  to provide
         income to use the net  operating  loss  carryover  of $1,000 which will
         expire December 31, 2005 and the loss of $75,000 which expires December
         31, 2018.



                                      F - 4