UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 30549


                                   FORM 10-QSB


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

    For the quarterly period ended March 30, 2002

[ ] TRANSACTION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

    For the transition period from            to
                                   ----------    ------------

                         Commission file number: 0-21275

                                Enter Tech Corp.
        ----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

         Nevada                                                  84-1349553
---------------------------------                            -------------------
(State or Other Jurisdiction                                   (IRS Employer
of Incorporation or Organization)                            Identification No.)

                  430 East 6th Street, Loveland, Colorado 80537
                  ---------------------------------------------
                    (Address of principal executive offices)

                                 (970) 669-4918
                           ---------------------------
                           (Issuer's telephone number)

               ---------------------------------------------------
               (Former name, former address and former fiscal year
                         (if changed since last report)


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a Court. Yes [ ] No [ ]


                      APPLICABLE ONLY TO CORPORATE ISSUERS

The  number of shares  outstanding  of each of the  issuer's  classes  of common
equity, as of March 31, 2002 was 17,089,984 shares of common stock.

Transitional Small Business Disclosure Format (Check one):  Yes [ ]  No [X]





<PAGE>

                                      INDEX

                                                                         Page
                                                                        Number
                                                                        ------

Part I.   Financial Information

     Item I.   Financial Statements

               Review Report of Independent Certified
                 Public Accountant                                         3

               Consolidated Balance Sheets as of
                 March 31, 2002 and December 31, 2001                      4

               Consolidated Statements of Operations,
                 Three Months Ended March 31, 2002 and
                 March 31, 2001                                            5

               Consolidated Statements of Operations,
                 Three Months Ended March 31, 2002 and
                 March 31, 2000                                            6

               Consolidated Statements of Cash Flows,
                 Three Months Ended March 31, 2002 and
                 March 31, 2000                                            7

               Notes to Consolidated Financial Statements                  8

     Item 2.   Plan of Operation                                          14

Part II.  Other Information                                               18

         Item 1.  Legal Proceedings                                       18

         Item 2.  Changes in Securities                                   18

         Item 3.  Defaults upon Senior Securities                         18

         Item 4.  Submission of Matters to a Vote of Security
                    Holders                                               18

         Item 5.  Other Information                                       18

         Item 6.  Exhibits and Reports on Form 8-K                        18

Signatures                                                                19




                                        2



<PAGE>

PART 1 - FINANCIAL STATEMENTS
-----------------------------

REVIEW REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT



The Board of Directors
Enter Tech Corporation
(A Development Stage Company)
Loveland, Colorado

We have  reviewed  the  accompanying  consolidated  balance  sheet of Enter Tech
Corporation (A Development  Stage Company) as of March 31, 2002, and the related
consolidated  statements of operations  and cash flows for the three months then
ended,  in accordance  with  Statements on Standards for  Accounting  and Review
Services issued by the American Institute of Certified Public  Accountants.  All
information  included in these financial statements is the representation of the
management of Enter Tech Corporation

A review of interim financial  statements  consists  principally of inquiries of
Company personnel  responsible for financial  matters and analytical  procedures
applied  to  financial  data.  It is  substantially  less in scope than an audit
conducted in accordance with auditing standards generally accepted in the United
States of  America,  the  objective  of which is the  expression  of an  opinion
regarding  the financial  statements  taken as a whole.  Accordingly,  we do not
express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements  in order  for them to be in
conformity with generally accepted accounting principles.

As  discussed  in the  notes to the  financial  statements,  certain  conditions
indicate  that the Company may be unable to  continue  as a going  concern.  The
accompanying  financial  statements  do  not  include  any  adjustments  to  the
financial  statements  that might be  necessary  should the Company be unable to
continue as a going concern.






/s/ Schumacher & Associates, Inc.
Schumacher & Associates, Inc.
Certified Public Accountants
2525 Fifteenth Street, Suite 3H
Denver, Colorado 80211

May 13, 2002



                                       3
<PAGE>


                             ENTER TECH CORPORATION
                          (A Development Stage Company)
                           CONSOLIDATED BALANCE SHEETS
                                   (Unaudited)

                                     ASSETS

                                                       March 31,    December 31,
                                                         2002           2001

Current Assets                                        $         -    $        -
                                                      -----------    ----------
  Total Current Assets                                          -             -

Equipment, net of accumulated
 depreciation of $13,431                                    9,276        10,411
Other                                                          48            48
                                                      -----------    ----------

  Total Assets                                        $     9,324    $   10,459
                                                      ===========    ==========

                     LIABILITIES AND STOCKHOLDERS' (DEFICIT)

Current Liabilities:
     Accounts payable and accrued expenses            $   365,650    $  341,965
     Stock compensation payable                            27,450        27,450
     Customer deposits                                     60,000        60,000
     Notes payable, related parties                     1,179,677     1,143,544
     Notes payable, other                                 250,000       250,000
                                                      -----------    ----------
  Total Current Liabilities                             1,882,777     1,822,959
                                                      -----------    ----------

  Total Liabilities                                     1,882,777     1,822,959
                                                      -----------    ----------

Commitments and contingencies
  (Notes 2,3,4,5,6,7,8,9,10,11,12 and 13)                       -             -

Stockholders' (Deficit):
     Preferred Stock, $.0001 par value,
          5,000,000 shares authorized
          1,000,000 issued and outstanding                    100           100
     Common Stock, $.0001 par value,
          100,000,000 shares authorized
          17,089,984 shares issued at
          March 31, 2002 December 31, 2001                  1,709         1,709
     Additional paid-in capital                         4,982,584     4,982,584
     Stock subscriptions receivable,
      services                                            (52,705)     (115,120)
     Accumulated deficit                               (6,804,859)   (6,681,491)
                                                      -----------    ----------
                                                       (1,873,171)   (1,812,218)

     Treasury Stock, 2,825,000 shares                        (282)         (282)
                                                      -----------    ----------

Total Stockholders' (Deficit)                          (1,873,453)   (1,812,500)
                                                      -----------    ----------

Total Liabilities and Stockholders'
 (Deficit)                                            $     9,324    $   10,459
                                                      ===========    ==========

    The accompanying notes are an integral part of the financial statements.


                                       4
<PAGE>


                             ENTER TECH CORPORATION
                          (A Development Stage Company)

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

                                                Three Months       Three Months
                                                   Ended               Ended
                                                 March 31,           March 31,
                                                   2002                2001

Revenues                                       $          -        $         -
                                               ------------        -----------
Operating Expenses:
     Depreciation                                     1,135              1,135
     Professional fees                               24,709            115,714
     Stock issued for services                       62,414            655,933
     Other                                            1,292              1,587
                                               ------------        -----------
       Total Operating Expenses                      89,550            774,369
                                               ------------        -----------

Net Operating (Loss)                                (89,550)          (774,369)

Other (Expenses):
     Interest (expense)                             (33,818)           (21,039)
                                               ------------        -----------

Net Loss to Common Shareholders                $   (123,368)       $  (795,408)
                                               ============        ===========

Net Loss Per Common Share                      $       (.01)       $      (.05)
                                               ============        ===========

Weighted Average Number
 of Shares Outstanding                           17,089,984         17,089,984
                                               ============        ===========

    The accompanying notes are an integral part of the financial statements.





                                       5
<PAGE>




                           ENTER TECH CORPORATION
                       (A Development Stage Company)

                   CONSOLIDATED STATEMENTS OF CASH FLOWS
                               (Unaudited)

                                                  Three Months     Three Months
                                                     Ended            Ended
                                                    March 31,        March 31,
                                                      2002             2001
Cash Flows Operating Activities:
     Net (loss)                                  $   (123,368)    $   (795,408)
     Adjustment to reconcile net
      (loss) to net cash provided
      by operating activities:
       Depreciation                                     1,135            1,135
       Stock for services                              62,414          655,933
       Increase in accounts payable
        and accrued expenses                           23,686           44,908
                                                   ----------      -----------

  Net Cash (Used in) Operating
   Activities                                         (36,133)         (93,432)
                                                   ----------       ----------

Cash Flows from Investing Activities
    (Acquisition) of furniture
     and equipment                                          -           (1,192)
                                                   ----------       ----------

  Net Cash (Used in) Investing
   Activities                                               -           (1,192)
                                                   ----------       ----------

Cash Flows from Financing
 Activities:
   Increase in payable, related
    parties                                            36,133           94,542
                                                  -----------       ----------

  Net Cash Provided by Financing
   Activities                                          36,133           94,542
                                                  -----------       ----------

Increase (decrease) in Cash                                 -              (82)

Cash, Beginning of Period                                   -              421
                                                  ===========       ==========

Cash, End of Period                               $         -       $      339
                                                  ===========       ==========

Interest Paid                                     $    33,818       $   21,039
                                                  ===========       ==========

Income Taxes Paid                                 $         -       $        -
                                                  ===========       ==========

    The accompanying notes are an integral part of the financial statements.



                                       6
<PAGE>


                             ENTER TECH CORPORATION
                         (A Develop ment Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 2002
                                   (Unaudited)

(1)  Condensed Financial Statements
     ------------------------------

The  financial  statements  included  herein  have been  prepared  by Enter Tech
Corporation (A Development  Stage Company) without audit,  pursuant to the rules
and regulations of the Securities and Exchange  Commission.  Certain information
and footnote  disclosures normally included in the financial statements prepared
in accordance with generally accepted accounting  principles have been condensed
or omitted as allowed by such rules and regulations,  and Enter Tech Corporation
believes that the disclosures are adequate to make the information presented not
misleading.  It  is  suggested  that  these  financial  statements  be  read  in
conjunction  with the  December 31, 2001 audited  financial  statements  and the
accompanying  notes included in the Annual Report Form 10-KSB.  While management
believes the procedures  followed in preparing  these  financial  statements are
reasonable, the accuracy of the amounts are in some respect's dependent upon the
facts that will exist,  and procedures  that will be  accomplished by Enter Tech
Corporation later in the year.

The  management  of  Enter  Tech  Corporation  believes  that  the  accompanying
unaudited  condensed  financial  statements  contain all adjustments  (including
normal  recurring  adjustments)  necessary to present  fairly the operations and
cash flows for the periods presented.

(2)  Business Combinations
     ---------------------

On June 2, 1998, Enter Tech Corp.  (Company),  completed a business  combination
with  Links,  Ltd.,  a  development  stage  company.  Pursuant  to the  business
combination, 3,235,000 shares of the Company's common stock were issued for 100%
of the issued and outstanding stock of Links, Ltd. Subsequently,  835,000 of the
shares issued pursuant to this business  combination were canceled  resulting in
2,400,000 net shares issued.  Since the controlling  shareholders of Links, Ltd.
own approximately  65.7% of the Company, a controlling  interest in the Company,
the transaction was accounted for as a reverse acquisition  whereby,  the equity
accounts  of Links,  Ltd.  were  carried  over into the  accompanying  financial
statements. Links, Ltd. was incorporated on August 18, 1997.

On January 7, 2000,  the Company  entered into an agreement  with  Shopping Mall
Online,  Inc.  and  an  individual  whereby  the  Company  acquired  80%  of the
outstanding  common stock of Shopping  Mall Online.  The  consideration  for the
acquisition was 2,400,000  shares of the Company's  common stock.  The agreement
also provided that if for any reason the Company's  common stock was not trading
above a $1.00 bid price at the time the Rule 144 restrictive legend on the stock
certificate for the 2,400,000  shares of the Company's  common stock is removed,
the Company would issue additional shares of its common stock to the individual.
The value of the additional  shares to be issued will be equal to the difference
between  $2.4  million  and the value of the  2,400,000  shares of common  stock
issued under the agreement based on the then existing bid price.



                                       7
<PAGE>


                             ENTER TECH CORPORATION
                         (A Development Stage Company)

                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              March 31, 2002
                               (Unaudited)


(2)  Business Combinations, continued
     --------------------------------

The business  combination has been accounted for as a purchase.  No goodwill has
been  recorded  in the  transaction  because the former  owner of Shopping  Mall
Online,  Inc. now owns 31% of the Company.  The 2,400,000 shares of common stock
have been recorded at predecessor  cost of Shopping Mall Online,  Inc. All costs
related to development of Shopping Mall Online, Inc. have been expensed.

The  agreement  also provided the voting rights with respect to the common stock
of Shopping Mall Online would remain with the individual  until the  restrictive
legend on the 2,400,000 shares of the Company's common stock is removed.

On October 27,  2000,  the Company  agreed to sell the  controlling  interest in
Shopping  Mall Online back to its  management.  The Company  redeemed  1,920,000
shares of the Company's common stock from the president of Shopping Mall Online,
Inc. in exchange for 1,440,000  shares of Shopping  mall  Online's  common stock
being held by the  Company.  The  president  of Shopping  Mall  online  retained
480,000  restricted  shares  of the  Company's  common  stock,  and the  Company
retained 480,000 shares of Shopping Mall Online's common stock.

On April 19, 2000, the Company acquired 80% of the outstanding  shares of common
stock of WavePower, Inc., a development stage company, in exchange for 5,000,000
restricted shares of the Company's common stock under an Acquisition  Agreement.
In addition,  the Company  agreed to reserve  3,000,000  shares of its 5,000,000
authorized  shares of preferred  stock for  issuance as further  payment for the
acquisition to the former sole shareholder of WavePower, Inc. These shares would
be issued  upon  exercise  of an option to be  granted to the  shareholder.  The
option would provide:

(a)  For a three year term ending April 30, 2003;

(b)  For an exercise price of $.001 per share;

(c)  For the exercise of up to  1,000,000  shares  during each of the  following
     periods during the term of the employment agreement with the option holder:
     12th and 13th months,  24th and 25th months,  and 35th and 36th months. The
     option further  provides that its exercise of the stated amounts during the
     respective  periods is further  conditioned  upon WavePower,  Inc.  meeting
     stated  amounts of net pre tax  profits.  The  acquisition  agreement  also
     provides that The remaining  2,000,000  authorized  shares of the Company's
     preferred  stock  may be  issued to the  existing  member of the  Company's
     management and significant consultants.

The 5,000,000  shares of restricted  common stock that were issued to WavePower,
Inc.  increased the Company's  outstanding shares of common stock to 12,783,000.
The transaction was recorded at predecessor cost since the 5,000,000 shares were
approximately 39% of the Company's total issued and outstanding shares of common
stock.

Effective  September 26, 2000, the Company rescinded this Plan of Reorganization
and Acquisition.  The former  shareholders of WavePower,  Inc. have not returned
the  Company's  common stock nor funds  advanced to WavePower  during the period
from April 19, 2000 through the date of  rescission.  The  5,000,000  shares are
shown as outstanding at December 31, 2000. A contingency  exists with respect to
this matter, the ultimate resolution of which cannot presently be determined.




                                       8
<PAGE>


                             ENTER TECH CORPORATION
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 2002
                                   (Unaudited)


(2)  Business Combinations, continued
     --------------------------------

Effective  December  19,  2000,  QuickGold  2000 LLC was formed to  further  the
business  of the joint  venture  agreement  discussed  in note 13,  and became a
wholly owned subsidiary of the Company.

(3)  Marketing and Administration of Sales Agreement
     -----------------------------------------------

The  Company  has  entered  into an  agreement  with a previous  director of the
Company for the marketing and administration of sales through certain identified
locations and the division of profits  after the director has recovered  related
costs.  The  Company  currently  has orders  for the  purchase  of thirty  kiosk
software vending units at $50,000 per unit from a previous director. The Company
received $60,000 of deposits  related to these orders.  The Company is uncertain
whether it will be able to deliver the units and it is not  determinable at this
time whether a refund will be  required.  A  contingency  exists with respect to
this matter, the ultimate resolution of which cannot presently be determined.

(4)  Basis of Presentation - Going Concern
     -------------------------------------

The  accompanying  financial  statements  have been prepared in conformity  with
generally accepted accounting principles, which contemplates continuation of the
Company as a going concern.  However, the Company has sustained operating losses
since  its  inception  and has a  negative  working  capital  and a net  capital
deficiency.  This fact raises  substantial  doubt about the Company's ability to
continue  as a going  concern.  Management  is  attempting  to raise  additional
capital.

In  view  of  these  matters,  realization  of  certain  of  the  assets  in the
accompanying  balance  sheet  is  dependent  upon  continued  operations  of the
Company,  which in turn is  dependent  upon the  Company's  ability  to meet its
financial requirements,  raise additional capital, and the success of its future
operations.
Management  is in the  process of  attempting  to raise  additional  capital and
reduce  operating  expenses.  Management  believes  that  its  ability  to raise
additional  capital and reduce operating expenses provide an opportunity for the
Company to continue as a going concern.

(5)  Preferred Stock
     ---------------

On April 10, 2000, the board of directors of the Company agreed to establish two
voting trusts in which the Company would place 5,000,000 shares of the Company's
preferred stock. The first trust initially had 3,000,000  preferred shares being
held in reserve  for the  acquisition  of  WavePower,  Inc.  as  outlined in the
definitive  agreement.  Because of the rescission of the WavePower  acquisition,
the board of directors elected to hold the 3,000,000 preferred shares for future
use. The second trust contains 2,000,000  preferred shares of Company stock that
will be used for the benefit and  distribution  to the  officers,  directors and
significant  consultants to the Company with the option of a distribution  of up
to 1,000,000 of these preferred shares for additional  compensation as they may,
from time to time, come available to the Company.  As of December,  2000,  these
1,000,000  preferred shares were issued to two directors and a consultant of the
Company.  The 1,000,000  preferred  shares were recorded as  compensation in the
amount of $250,000.  The director of the Company will retain sole voting  rights
for both trusts.


                                       9
<PAGE>


                             ENTER TECH CORPORATION
                         (A Development Stage Company)

                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              March 31, 2002
                               (Unaudited)

(5)  Preferred Stock, Continued
     --------------------------

(a)  It is  convertible  into two  shares  of  common  stock  for each  share of
     preferred, and;

(b)  It is  callable  by the Company  upon 30 days  written  notice at $.001 per
     share, provided that the holder may convert the preferred into common stock
     during the 30-day period.

The 5,000,000  shares of preferred stock have the following  rights,  privileges
and limitations:

(a)  Liquidation  preference to receive any  distributions in liquidation of the
     Company up to the amount of $0.10 per share,  but does not  participate  in
     any additional distributions,

(b)  Right  to vote  five  votes  per  share  on all  issues  considered  by the
     shareholders

(c)  Convertible  into two shares of common  stock for each share of  preferred,
     and;

(d)  Callable by the  Company  upon 30 days  written  notice at $.001 per share,
     provided that the holder may convert the preferred into common stock during
     the 30-day period.

(6)  Equity Financing Agreement
     --------------------------

On March 15, 2000, the Company  entered into a stock  purchase and  subscription
agreement with the Reserve  Foundation  Trust,  whereby the trust is to purchase
6,000,000  restricted  shares of the  Company's  common  stock in  exchange  for
$10,000,000.  When the agreement was signed the trust  provided the Company with
$50,000 in interim debt financing.  That amount was subsequently  increased to a
total of $250,000.  The interim  financing the trust provided the Company in the
amount  of  $250,000  is to be  repaid  in full as per the  terms  of the  Stock
Purchase and  Subscription  agreement on or before May 15, 2000. As of September
30, 2000, the Company has not paid this debt.

On May 4, 2000,  the Trust  indicated  that all conditions to the stock purchase
had been satisfied and that it would go forward with  providing the  $10,000,000
in funds to the Company.  As of June 12, 2000,  $600,000 of the subscribed funds
had been  received.  On July 19, 2000, the Board of Directors of the Company met
to discuss  banking/funding  problems with the Reserve  Foundation  Trust. As of
August 1, 2000,  the  Company  instructed  corporate  counsel to prepare to take
whatever  action  it  deemed  is  appropriate  and in the best  interest  of the
Company.  As of April 11, 2001,  counsel had not yet taken action on the matter.
The stock  certificates  for the 6,000,000  shares of common stock were canceled
during the last  quarter of 2000.  A  contingency  exists  with  respect to this
matter, the ultimate resolution of which cannot presently be determined.




                                       10
<PAGE>


                             ENTER TECH CORPORATION
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 2002
                                   (Unaudited)


(7)  Litigation
     ----------

Litigation  against  the  Company  has been  threatened  during  May,  2000 by a
corporation  which  alleges  that the Company has not  fulfilled an agreement to
issue 1,000,000  shares of the Company's  common stock in  consideration  of the
waiver of any  rights by the  corporation  or  affiliated  entities  to  acquire
WavePower, Inc., which the Company acquired on April 19, 2000. The Company is of
the view that the  conditions  precedent  to the issuance of such stock were not
fulfilled and that the agreement was repudiated.  The Company filed an answer to
the complaint on June 29, 2000. Due to the preliminary stage of the matter,  the
ultimate resolution of this contingency cannot presently be determined.

(8)  Litigation-Former Officer
     -------------------------

During February,  2000 the Company commenced litigation against a former officer
of  the  Company  alleging  failure  of  the  former  officer  to  meet  certain
performance  standards.  The Company is seeking cancellation of the agreement to
issue 750,000  shares of Company  common stock and the payment of $500 per month
compensation  to the former  officer  and the return of 500,000  shares of stock
previously  issued.  A  contingency  exists  with  respect to this  matter,  the
ultimate resolution of which cannot presently be determined.

(9)  Employment/Consulting Contracts
     -------------------------------

Effective  July 1, 1998,  the Company  entered into a one year contract with the
Vice  President  of the  Company,  which  required  this  individual  to provide
consulting services for fees of $500 per month and 750,000 shares of stock to be
issued pursuant to a Form S-8  Registration  Statement.  The Company has paid no
compensation to this individual to date and has not issued the 750,000 shares of
stock.  The December 31, 2000 financial  statements  include an accrual of stock
and services  payable in the amount of $7,500  related to services  performed by
this individual.

Effective  August  25,  1999,  the  Company  entered  into an  agreement  with a
consultant to provide management consulting services to assist in developing the
Company. The consultant was to be paid $75 per hour plus 1,000 restricted shares
of common  stock for every hour  worked.  In  addition,  the  Company  agreed to
compensate the consultant for other services with restricted  common stock. This
agreement has been terminated.

Effective  January  1,  2000,  the  Company  entered  into an  agreement  with a
consultant to provide consulting services for assistance in completing a private
placement or secondary offering,  and other consulting services.  The consultant
was to be paid $10,000 per month plus 200,000 shares of restricted  common stock
per year  provided the business  plan  established  for the Company is met. This
agreement has been terminated.

Effective January 1, 2000, the Company entered into an agreement with a director
of the  Company,  to attempt to build  revenues of the Company and assist in the
development  of the Company's  product.  The director was to be paid $10,000 per
month plus expenses. This agreement has been terminated.



                                       11
<PAGE>


                             ENTER TECH CORPORATION
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 2002
                                   (Unaudited)

(9)  Employment/Consulting Contracts, continued
     ------------------------------------------

Effective May 15, 2000, the Company entered into an employment agreement with an
individual to research  market  conditions  and conduct  feasibility  studies of
projects  being  considered by the Company.  The employee was to be paid $18,000
per year plus certain benefits. The agreement expired on May 15, 2001.

Effective  May 22, 2000,  the Company  entered  into an  executive  compensation
agreement  with the  Company's  prior  president.  The  president was to be paid
$10,000  per month  plus  certain  benefits.  The term was for two years with an
option  to renew  for an  additional  two year  period  on June 30,  2002.  This
agreement was terminated in February 2002.

Effective August 1, 2000, the Company entered into an agreement with an attorney
to provide legal services to the Company. The attorney was to be paid $5,000 per
month  plus  $5,000  per month in  publicly  traded  stock of the  Company.  The
agreement expired on August 1, 2001.

Effective  September  1, 2000,  the company  entered  into an  agreement  with a
consultant  to provide  assistance  in  developing  business  opportunities  and
revenue.  The  consultant  was to be paid  $8,000  monthly  plus  expenses.  The
agreement expired on August 31, 2001.

(10) Marketing and Other Services Agreements
     ---------------------------------------

On June 6, 2000, the Company entered into  agreements with various  companies to
provide  various  marketing and other  services.  The Company  issued  3,125,000
shares of restricted common stock in exchange for their promise to perform these
services  during  the  12-18  month  period   following  the  execution  of  the
agreements.  The Company has recorded 90% of the market value of these shares at
the   time   of   issuance   totaling    $5,273,437   as   stock   subscriptions
receivable-services,  and has  charged  $62,414 to an expense  representing  the
services  performed for the three months ended March 31, 2002. In November 2000,
the Company  rescinded  these  agreements and requested the 3,125,000  shares be
returned to the Company.  During the quarter  ended June 30, 2001,  2,825,000 of
these shares were returned to the Company and recorded as treasury stock.

(11) Common Stock
     ------------

During the year ended  December 31, 1999,  the Company  issued 200,000 shares of
its restricted common stock in exchange for services. Also during the year ended
December 31, 1999,  the Company  committed  to issuing  1,543,000  shares of its
restricted  common stock in exchange for  services.  A total of  $1,103,574  was
accrued to reflect the stock compensation  payable at December 31, 1999. All but
20,000 of these shares were issued during 2000.

During the year ended  December 31, 2000,  the Company  issued  3,428,598 of its
restricted  common  stock in exchange for  services.  Also during the year ended
December  31,  2000,  the  Company  committed  to issuing  50,000  shares of its
restricted  common  stock in exchange  for  services.  The total  accrued  stock



                                       12
<PAGE>


                             ENTER TECH CORPORATION
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 2002
                                   (Unaudited)


(11) Common Stock, continued
     -----------------------

compensation  payable at  December  31, 2000 was  $19,950.  Also during the year
ended December 31, 2000, the Company issued  1,129,286  shares of its restricted
common stock for $132,500  cash.  Also during the year ended  December 31, 2000,
the  Company  issued  7,500 to its  president  as an  adjustment  to a  previous
issuance.

Also during the year ended  December  31,  2000,  the Company  issued  3,125,000
shares of its restricted common stock to various entities in exchange for future
marketing  and other  services to be  performed  during the 12-18  month  period
following the execution of the agreements.

During  November 2000,  the Company  rescinded  these  agreements due to concern
regarding possible violations of various securities and common laws. The Company
has requested the return of the 3,125,000  shares,  of which 2,825,000 have been
returned.  The  marketing  and other  services  were  being  amortized  over the
agreement periods.

Also during the year ended  December  31, 2000,  the Company  hired an entity to
procure additional short-term funding. As a result, the Company issued 2,000,000
shares of its  restricted  common stock.  The entity sold 370,000 shares of such
stock to a third party for $60,000. The Company has received $10,000, the entity
received  $15,000 in  commissions,  and the  balance of $35,000  remains due and
owing to the  Company.  The  remaining  1,630,000  shares  were  returned to the
Company and canceled.

During the year ended December 31, 2001, the Company issued 77,100 shares of its
restricted  common stock to two  individuals in exchange for services  valued at
$5,783.

(12) Licensing Agreement
     -------------------

Effective  October 27,  2000,  the  Company  entered  into a  licensing  venture
agreement with an entity whereby the Company agreed to purchase 30 dual terminal
digital  vending  machines at a price of $125,000  plus  expenses  and 60 single
terminal digital vending machines at a purchase price not yet determined  within
three  months.  The Company  agreed to purchase an  additional  30 dual terminal
digital  vending  machines at a price of $125,000  plus  expenses  and 60 single
terminal digital vending machines at a purchase price not yet determined  within
nine months.  The Company is also  responsible to license this technology and to
promote,  develop a market, sell and distribute custom music CD products created
by the  digital  vending  machines.  The  term of this  agreement  shall  become
effective on the date the  manufacturer  receives the first  purchase  order and
shall continue for five years, unless terminated in accordance with the terms of
the agreement.  This license was  transferred to another entity during the three
months ended March 31, 2002.

(13) Joint Venture Agreement
     -----------------------

Effective  October 13, 2000, the Company entered into a joint venture  agreement
with  an  entity,  whereby  the  entity  would  be  the  exclusive  provider  of
communications  needs for the Company's  projects  including all  communications
installation and management for the kiosk purchased and deployed by the Company.
On June 15,  2001,  The  Company  licensed  its  portion  of the  joint  venture
agreement to another entity.




                                       13
<PAGE>


ITEM 2. PLAN OF OPERATION

     The following  discussion of our plan of operation  should be read together
with the financial  statements  and the related notes in Item 1 of Part I above.
As discussed in the notes to the financial  statements,  there are circumstances
that indicate that Enter Tech may be unable to continue as a going  concern.  We
cannot assure you that our plans in that regard will be  successful  and that we
will be able to continue as a going concern.

OVERVIEW

     The  Company  is a  successor  to Links,  Ltd. a Wyoming  corporation,  and
neither entity has had revenues from operations from its inception.  Links, Ltd.
was incorporated  for the purpose of developing  kiosks or vending machines that
would  market  computer  software,  music and possibly  digital  video stored on
discs.  For several  years,  the Company  unsuccessfully  attempted to develop a
commercially viable kiosk to provide such services

     In the third quarter of 2000,  the Company's  management  elected to change
their  business  plans to encompass a third-party  agreement  with  HitDisc.com,
Inc., a manufacturer  of a kiosk  compatible  with the concept and design of the
company.  The agreement  calls for Enter Tech to purchase and deploy the Hitdisc
kiosks  and to  provide  the  communications  infrastructure  for  those  units.
Hitdisc.com,  Inc. will provide management for the entire kiosk system including
management  of  royalties,  software  development  and  all  normal  operational
aspects.

         To facilitate communications  infrastructure for this agreement and for
other market  segments that the Company has targeted,  Enter Tech entered into a
joint venture  agreement with Northern  Communications  Group,  Inc.  ("NCG") on
October 13, 2000,  whereas they will be the exclusive provider of communications
needs for Enter Tech projects  including  all  communications  installation  and
management for the Hitdisc kiosk purchased and deployed by Enter Tech. We cannot
assure you that we will ever be able to develop a commercially successful kiosk,
nor can we assure you that any kiosk concept  licensed from another company will
be a commercially viable product. Hitdisc is currently continuing its beta tests
prior to attempting further market  penetration.  The Hitdisc project was put on
the back burner for lack of a beneficial beta test.

     The Company has since  changed its focus to facilitate  the  infrastructure
and  marketing  of  high-speed   Internet  access,   wireless  ISP  and  related
appliances,  equipment, software and services in the business-to-business market
segment.  The Company has researched and projected  costs for  installation  and
operation of a basic  high-speed  Internet access for the hospitality  industry.
NCG has researched and projected costs of equipment  acquisition for this market
segment

     On June 15, 2001,  the Company  licensed  its portion of the Joint  Venture
Agreement with Northern  Communications  Group,  Inc. (NCG) to Global  Marketing
Consultants.  Under the agreement, Enter Tech has licensed their 50% position in
the Joint Venture with NCG in exchange for 40% of the net income produced by the
Joint  Venture.  Global  will  retain 10% of the net income for its  management,
sales  and  marketing  efforts.   The  Joint  Venture  intends  to  market  its'
Custom-Room-Connect  (TM) high speed Internet access, web appliance and Video on
Demand  systems  to  multi-unit  dwellings  and the  hospitality  industry.  The
Custom-Room-Connect (TM) system provides unique solutions to the hospitality and
Multi-Unit  Dwellings  that  involve a variety  of  high-speed  Internet  access
systems,  certain  co-marketing  and revenue  sharing models for web appliances,
advertising   sales  and  unique   Video  on  Demand   systems   that  have  VCR
functionality.  As part of the  agreement,  Global  will  sell,  and  manage the
Custom-Room-Connect  (TM)  program  in  conjunction  with NCG.  Enter  Tech will
participate when needed in certain marketing and sales efforts as defined by the
Joint Venture partners. Global was formed in 1988 to provide marketing expertise
to new  businesses.  The Company has  specialized in market research and channel
sales   implementation.   GMC  has  also  consulted  to  companies  for  funding
methodologies  and business  expansion.  Management  felt that  licensing  their
portion  of the  joint  venture  may be the right  approach  to  fulfilling  the
immediate  needs and  opportunities  that the Joint Venture has to penetrate the
market  with  its  unique  systems.   On  February  11,  2002  Global  Marketing
Consultants  notified  Enter  Tech  Corporation  that  it  was  terminating  its
Comprehensive License Agreement due to the many misinterpretations that exist in
the  Agreement.  Currently,  Global is  restructuring  the License  Agreement to
remove any misunderstanding that currently exist. The new agreement should be in
place within the next 30 days.



                                       14
<PAGE>


     The Company intends to re-establish  its  infrastructure  over the next 120
days so that it may participate with the Joint Venture as a marketing contractor
or in other such role that would  increase the Joint  Venture's  revenue.  Enter
Tech  has  been  able  to   establish   several   potential   clients   for  the
Custom-Room-Connect  program in Europe and Latin  America  and intends to pursue
them to broker potential foreign licenses for use of the system.

RECENT SIGNIFICANT EVENTS

     On March 9, 2002,  D. William  Thomas  assumed the duties of President  and
director on an interim basis. The company is pursuing other business entities to
acquire with  substantial  long term revenues  that will fit the other  business
plans of the company.

     On June 30, 2001 Enter Tech received stock returned by 3 of the 4 companies
that had entered into marketing and service  agreements for various parts of the
world  with the  Company  on June 6,  2000.  On  September  13,  2000 Enter Tech
formally notified each group that their contracts were cancelled because of lack
of performance and potential legal issues and 3,100,000  restricted common stock
issued  for  future  services  be  returned  to Enter  Tech  immediately.  Those
companies are:

         Profile Venture, Ltd,                                800,000 shares
         The Challenge, Ltd,                                  900,000 shares
         Skyline Marketing Associates, Ltd.                   825,000 shares

The Wall Street  Relations  Group has not yet returned the 300,000 shares issued
to them as part of this transaction

     In a  related  transaction,  on August 2, 2000  Enter  Tech  entered  in an
agreement with Profile Venture,  Ltd to establish  several  possible  investment
groups or partners for immediate funding needs of the company the Company. Enter
Tech issued  2,000,000  shares of  restricted  common  stock to Profile for this
pending  activity.  Enter Tech found that an agreement had been  consummated and
that funds for 100,000 shares at $0.60 per share of Enter Tech restricted  stock
had been exchanged  between Profile and a third party. On further  investigation
Enter Tech found that 270,000  additional  restricted  shares were  committed as
part of this contract as an escrow  agreement held against  registration  of the
stock for public  trading.  The funds resulting from that  transaction  were not
delivered to Enter Tech. The company immediately  demanded delivery of the funds
and all remaining stock.  Profile management returned all but 270,000 shares and
the  100,000  shares that had been sold to the third  party.  The board of Enter
Tech Corporation received 2,825,000 shares from the 3 companies listed above and
have authorized the return of the shares of stock related to this transaction to
treasury.  The management and legal counsel for Enter Tech are working towards a
complete solution in this matter.

     On June 15, 2001,  the Company  licensed  its portion of the Joint  Venture
Agreement with Northern  Communications  Group,  Inc. (NCG) to Global  Marketing
Consultants (an entity owned by D. William Thomas,  President/ Director of Enter
Tech  Corporation)  . Under the  agreement,  Enter Tech has  licensed  their 50%
position in the Joint  Venture  with NCG in  exchange  for 40% of the net income
produced by the Joint Venture.  Global will retain 10% of the net income for its
management,  sales and marketing  efforts.  The Joint Venture  intends to market
its'  Custom-Room-Connect  (TM) high speed  Internet  access,  web appliance and
Video on Demand systems to multi-unit  dwellings and the  hospitality  industry.
The Custom-Room-Connect (TM) system provides unique solutions to the hospitality
and Multi-Unit  Dwellings that involve a variety of high-speed  Internet  access
systems,  certain  co-marketing  and revenue  sharing models for web appliances,
advertising   sales  and  unique   Video  on  Demand   systems   that  have  VCR
functionality.  As part of the  agreement,  Global  will  sell  and  manage  the
Custom-Room-Connect  (TM)  program  in  conjunction  with NCG.  Enter  Tech will
participate when needed in certain marketing and sales efforts as defined by the
Joint Venture partners. Global was formed in 1988 to provide marketing expertise
to new  businesses.  Global has specialized in market research and channel sales
implementation.  GMC has also  consulted to companies for funding  methodologies
and business  expansion.  Management  felt that  licensing  their portion of the
joint venture might be the right approach to fulfilling the immediate  needs and
opportunities that the Joint Venture has to penetrate the market with its unique
systems.

                                       15


<PAGE>


     On  March  15,  2000,   Enter  Tech  entered  into  a  stock  purchase  and
subscription  agreement with the Reserve  Foundation Trust under which the trust
is to  purchase  6,000,000  restricted  shares  of Enter  Tech  common  stock in
exchange  for cash of $10  million.  When the  agreement  was signed,  the Trust
provided  Enter Tech with  $50,000 in interim  debt  financing.  That amount was
subsequently  increased  to a total  of  $250,000.  On May 4,  2000,  the  Trust
indicated  that all conditions to the stock purchase had been satisfied and that
it would go forward with providing the $10 million in funds to Enter Tech. As of
June 12, 2000, at total of $600,000 of the  subscribed  funds had been received.
On July  19,  2000,  the  Board  of  Directors  of  Enter  Tech  met to  discuss
banking/funding  problems  with the Reserve  Foundation  Trust.  As of August 1,
2000, Enter Tech instructed corporate counsel to prepare to take whatever action
is deemed is  appropriate  and in the best interest of the officers,  directors,
management,  employees  and  shareholders  of Enter Tech.  Counsel  delivered an
opinion letter to the management of Enter Tech on this issue on August 17, 2000.
After review, a formal letter from Enter Tech counsel was forwarded to the known
agents of the Trust on September 4, 2000  notifying them of default and a demand
to  perform.  The Agents for the Trust and Company  management  continue to work
towards  resolution of this matter, but as of November 13, 2001 no agreement has
been reached.

     The Trust has advised Enter Tech  Management  that an agreement for issuing
stock  for the  funds  that  have  been  invested  would  be  considered.  It is
anticipated that a final agreement will be reached within the next 60 days.

     The current number of shares issued and outstanding as of November 13, 2001
was 17,089,984  shares,  which includes  5,000,000  shares of restricted  common
stock  issued as part of the  initial  WavePower,  Inc.  acquisition,  which was
rescinded on September 12, 2000. These shares have not been returned to treasury
and are being  treated by the Company as is explained  in footnotes  attached to
the 10-KSB report for the year ending  December 31, 2001 and to those  contained
in the financial statements filed herewith.

DESCRIPTION OF OUR CURRENT PLAN OF OPERATION

     Enter  Tech has been  able to  establish  several  potential  products  for
potential  license rights in Europe and South America and intends to pursue them
as long term revenue sources. Management also intends to clarify and resolve all
outstanding  issues with the  WavePower,  Inc.  rescission,  remaining  monetary
issues with  Profile  Ventures  Group,  and with the Reserve  Foundation  Trust.
Although we plan to proceed with what we believe is an appropriate  level of due
diligence in  implementing  any such  agreements,  we cannot assure you that any
alliance will be  successful or that we will achieve the expected  benefits from
any of these transactions or agreements.

COMPETITION

     The area of  business  related  to  high-speed  Internet  access,  wireless
Internet  Service  Providers  (ISP) related  telecommunications  equipment,  and
related  software  and  services is crowded  with many  vendors  and  marketers,
ranging from small to some of the largest multi-national companies. There can be
no guarantee that the Company will be able to successfully market any product or
service it may develop or to become profitable. At this time, the Company has no
patent or proprietary  protection  with respect to any of its concepts and there
is  nothing  to prevent  anyone  else from  pursuing  these  potential  lines of
business.

LIQUIDITY AND CAPITAL RESOURCES

     As of  March  30,  2002,  Enter  Tech  had no cash  on  hand,  and  current
liabilities  of  $1,882,777.  This  represented  a working  capital  deficit  of
$1,882,777

     As of March 30, 2002,  Enter Tech had no material  commitments  for capital
expenditures and no plans to pay dividends to its shareholders.

CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS

     This discussion contains forward-looking  statements that involve risks and
uncertainties.  All statements included in this report, other than statements of
historical  facts,  that  address  activities,  events or  developments  that we
expect,   believe  or  anticipate   will  or  may  occur  in  the  future,   are
forward-looking statements.  These forward-looking statements include statements
about:



                                       16
<PAGE>


     The future  anticipated  direction of the high  technology  and  e-commerce
     industries,

     Planned licensing agreements with operating companies

     Planned acquisitions of operating companies,

     Planned capital and operating expenditures,

     Future funding sources,

     Anticipated revenues and sales growth, and

     Overall business strategies.

     These  forward-looking  statements are subject to a number of  assumptions,
risks and uncertainties, including such factors as:

     Technological  developments and consumer preferences in the high technology
     and e-commerce industries,

     Expected benefits from  development,  expansion and integration of alliance
     companies,

     Competition in the markets for our planned businesses,

     The availability of adequate financing,

     Dependence on existing management, and

     Changes in laws or regulations affecting our plan of operation.

     We caution you that our  forward-looking  statements  are not guarantees of
future performance and that actual results or developments may differ materially
from those expressed or implied by the forward-looking statements.




                                       17



<PAGE>

                          PART II -- OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS.

     Except as set  forth  herein  the  Company  is not a party to any  material
pending legal  proceedings;  nor are any such proceedings  involving the Company
contemplated by a governmental authority to the knowledge of the Company.

     On February  24, 2000,  the Company  initiated a civil action by it against
Jerry Stiles,  a/k/a Gerald C. Stiles, a former officer of and consultant to the
Company,  in the District Court of Douglas County,  Colorado and Stiles answered
with a counterclaim as described in the 10QSB filing for the period ending March
31, 2000. As of August 6, 2001,  there has been no material change in the status
of this suit.

     On May 25,  2000,  claimant  David M.  Matus in  District  Court of Larimar
County,  Colorado  named  Enter  Tech as a party  in a suit  along  with 7 other
defendants as described in the Second Quarter 10-QSB,  for the period ended June
30,  2000.  There  has been no  discovery  to date and the case is in its  early
stages.  Accordingly,  we cannot predict the outcome of this  litigation at this
time.


ITEM 2.  CHANGES IN SECURITIES.

     RECENT SALES OF UNREGISTERED SECURITIES

     For the period  January 1, 2002 through  March 30, 2002,  there has been no
security  transaction  authorized by Enter Tech without  registration  under the
Securities Act of 1933.


ITEM 3.  DEFAULTS IN SENIOR SECURITIES

         Not Applicable

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         Not Applicable

ITEM 5.  OTHER INFORMATION.

         Not Applicable


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

          (a)  Exhibits.  The  following  Exhibits are furnished as part of this
               report:

               NONE

          (b)  Form 8-K

               Form 8-K filed March 14, 2002 reporting resignation of Company's
directors under Item 6.


                                       18





<PAGE>


                                   SIGNATURES
                                   ----------

     In accordance  with the Exchange Act, the registrant  caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

                                      ENTER TECH CORP.


Dated:  May 15, 2002                  By: /s/ Mark Thomas
                                          --------------------------------------
                                          Mark Thomas, Secretary/Treasurer



                                      By: D. William Thomas
                                          --------------------------------------
                                          D. William Thomas, President/ Director


                                       19