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 June 30, 2001

[ ] 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 August 10, 2001 was 17,039,984 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
                 June 30, 2001 and December 31, 2000                        4

               Consolidated Statements of Operations,
                 Three Months Ended June 30, 2001 and
                 June 30, 2000                                              5

               Consolidated Statements of Cash Flows,
                 Three Months Ended June 30, 2001 and
                 June 30, 2000                                              6

               Notes to Consolidated Financial Statements                   7

     Item 2.   Plan of Operation                                           14

Part II.  Other Information                                                19

     Item 1.   Legal Proceedings                                           19

     Item 2.   Changes in Securities                                       19

     Item 3.   Defaults upon Senior Securities                             19

     Item 4.   Submission of Matters to a Vote of Security Holders         19

     Item 5.   Other Information                                           19

     Item 6.   Exhibits and Reports on Form 8-K                            19

Signatures                                                                 20


                                       2
<PAGE>

                         PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS




            REVIEW REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT



The Board of Directors
Enter Tech Corporation
Loveland, Colorado

We have  reviewed  the  accompanying  consolidated  balance  sheet of Enter Tech
Corporation  as of June 30, 2001,  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  generally  accepted  auditing  standards,   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
August 13, 2001


                                       3
<PAGE>
                             ENTER TECH CORPORATION
                           CONSOLIDATED BALANCE SHEETS
                                   (Unaudited)

                                     ASSETS

                                                      June 30      December 31
                                                        2001           2000
Current Assets
 Cash                                                $         -    $      421
                                                     -----------    ----------
  Total Current Assets                                         -           421

Equipment, net of accumulated
 depreciation of                                          13,876        14,953
Other                                                         48            48
                                                     -----------    ----------

  Total Assets                                       $    13,924    $   15,422
                                                     ===========    ==========

                     LIABILITIES AND STOCKHOLDERS' (DEFICIT)

Current Liabilities:
     Accounts payable and accrued expenses           $   375,661    $  251,557
     Checks in excess of bank balance                        123             -
     Stock compensation payable                           27,450        27,450
     Customer deposits                                    60,000        60,000
     Notes payable, related parties                      856,431       668,989
     Notes payable, other                                250,000       250,000
                                                     -----------    ----------
  Total Current Liabilities                            1,569,665     1,257,996
                                                     -----------    ----------

  Total Liabilities                                    1,569,665     1,257,996
                                                     -----------    ----------

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
          June 30, 2001 and 17,012,884
          at December 31, 2000                             1,709         1,701
     Additional paid-in capital                        4,982,584     7,823,778
     Stock subscriptions receivable,
      services                                          (302,363)   (3,799,764)
     Accumulated deficit                              (6,237,489)   (5,268,389)
                                                     -----------    ----------
                                                      (1,555,459)   (1,242,574)

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

Total Stockholders' (Deficit)                         (1,555,741)   (1,242,574)
                                                     -----------    ----------

Total Liabilities and Stockholders'
 (Deficit)                                           $    13,924    $   15,422
                                                     ===========    ==========

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


                                       4
<PAGE>

                             ENTER TECH CORPORATION
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

                                               Three Months       Three Months
                                                  Ended               Ended
                                                 June 30,            June 30,
                                                   2001                2000
                                               ------------       ------------

Revenues                                       $          -        $         -
                                               ------------        -----------

Operating Expenses:
     Salaries                                             -            129,943
     Depreciation                                     1,135              3,750
     Professional fees                              120,180            208,627
     Rent                                            27,000             28,632
     Stock issued for services                            -            608,998
     Travel                                               -             64,944
     Telephone                                          744             10,559
     Other                                            3,278             97,894
                                               ------------        -----------
       Total Operating Expenses                     152,337          1,153,347
                                               ------------        -----------

Net Operating (Loss)                               (152,337)        (1,153,347)

Other (Expenses):
     Interest (expense)                             (21,356)           (16,850)
                                               ------------        -----------

Net Loss to Common Shareholders                $   (173,693)       $(1,170,197)
                                               ============        ===========

Net Loss Per Common Share                      $       (.01)       $      (.08)
                                               ============        ===========

Weighted Average Number
 of Shares Outstanding                           17,089,984         15,346,333
                                               ============        ===========


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


                                       5
<PAGE>



                             ENTER TECH CORPORATION
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

                                                 Six Months         Six Months
                                                   Ended               Ended
                                                  June 30,            June 30,
                                                    2001                2000
                                                 ----------         ----------


Revenues                                        $          -        $         -
                                                ------------        -----------

Operating Expenses:
     Salaries                                              -            129,943
     Depreciation                                      2,270              4,160
     Professional fees                               235,894            285,789
     Rent                                             27,000             33,132
     Stock issued for services                       655,933            617,998
     Travel                                                -             67,516
     Telephone                                         2,259             11,422
     Other                                             3,349             82,878
                                                ------------        -----------
       Total Operating Expenses                      926,705          1,232,838
                                                ------------        -----------

Net Operating (Loss)                                (926,705)        (1,232,838)

Other (Expenses):
     Interest (expense)                              (42,395)           (37,501)
                                                ------------        -----------

Net Loss to Common Shareholders                 $   (969,100)       $(1,266,539)
                                                ============        ===========

Net Loss Per Common Share                       $       (.06)       $      (.09)
                                                ============        ===========

Weighted Average Number
 of Shares Outstanding                            17,089,984         14,435,333
                                                ============        ===========


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


                                        6

<PAGE>



                             ENTER TECH CORPORATION
                   CONSOLIDATED STATEMENTS OF CASH FLOWS
                               (Unaudited)

                                                  Six Months       Six Months
                                                     Ended            Ended
                                                    June 30,         June 30,
                                                      2001             2000
                                                  -----------      -----------
Cash Flows Operating Activities:
     Net (loss)                                   $  (969,100)    $ (1,266,539)
     Adjustment to reconcile net
      (loss) to net cash provided
      by operating activities:
       Depreciation                                     2,270            4,160
       Stock for services                             655,933          617,998
       (Increase) in note receivable
        related parties                                     -           (4,173)
       Increase in accounts payable
        and accrued expenses                          124,226           46,496
       Other                                                -          (12,239)
                                                   ----------      -----------

  Net Cash (Used in) Operating
   Activities                                        (186,671)        (614,297)
                                                   ----------      -----------

Cash Flows from Investing Activities
    (Investment) in equipment                          (1,192)         (59,527)
    Deferred offering costs                                 -         (100,000)
                                                    ----------       ----------

  Net Cash (Used in) Investing
   Activities                                           (1,192)        (159,527)
                                                    ----------       ----------

Cash Flows from Financing
 Activities:
   Common stock issued and
    additional paid-in capital                               -          600,000
   Increase in notes payable                                 -          234,194
   Increase in payable, related
    parties                                            187,442           32,142
                                                   -----------       ----------

  Net Cash Provided by Financing
   Activities                                          187,442          866,336
                                                   -----------       ----------

Increase (decrease) in Cash                               (421)          92,512

Cash, Beginning of Period                                  421               14
                                                   ===========       ==========

Cash, End of Period                                $         -       $   92,526
                                                   ===========       ==========

Interest Paid                                      $    42,395       $   33,701
                                                   ===========       ==========

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

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


                                        7

<PAGE>



                             ENTER TECH CORPORATION
                NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (Unaudited)

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

The  financial  statements  included  herein  have been  prepared  by Enter Tech
Corporation  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, 2000  audited  financial  statements  and the  accompanying  notes
thereto.

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.



                                        8

<PAGE>



                             ENTER TECH CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (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.



                                       9
<PAGE>

                             ENTER TECH CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (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  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.


                                       10
<PAGE>

                             ENTER TECH CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (Unaudited)

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

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

     (d)  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.  The  Company is  attempting  to make  another
agreement  with the Reserve  Foundation  Trust  whereby the trust would  provide
additional  funding in exchange for  restricted  shares of the Company's  common
stock. A contingency exists with respect to this matter, the ultimate resolution
of which cannot presently be determined.




                                       11

<PAGE>

                             ENTER TECH CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (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 is to be paid $75 per hour plus 1,000 restricted shares
of common  stock for every hour worked.  At December 31, 1999,  the Company owed
$3,750 in consulting  fees. In addition,  the Company  agreed to compensate  the
consultant for other services with restricted common stock.

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
is 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. The term
is for two years, expiring on December 31, 2001.

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 is to be paid $10,000 per
month plus  expenses.  At  December  31,  2000,  the  Company  owed  $133,104 in
consulting fees to the director.  The term is for two years,  expiring  December
31, 2002, with an option to renew for two additional years.



                                       12
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (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 is to be paid $18,000 per
year plus certain benefits. The agreement expires on May 15, 2001.

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

Effective August 1, 2000, the Company entered into an agreement with an attorney
to provide legal services to the Company.  The attorney is to be paid $5,000 per
month  plus  $5,000  per month in  publicly  traded  stock of the  Company.  The
agreement expires on August 1, 2001 with an automatic renewal of one year unless
terminated earlier.

Effective  September  1, 2000,  the company  entered  into an  agreement  with a
consultant  to provide  assistance  in  developing  business  opportunities  and
revenue.  The  consultant  is to be  paid  $8,000  monthly  plus  expenses.  The
agreement  expires on August 31, 2001 with an option to renew for two additional
years.

(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  $823,523 to an expense  representing  the
services  performed as of June 30, 2001. 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
compensation  payable at  December  31, 2000 was  $19,950.  Also during the year



                                       13
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2001
                               (Unaudited)

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

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.

(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.

(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.



                                       14
<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  management  elected to change
their  business  plans to  encompass,  among  other  things,  the  provision  of
high-speed-access  (HSA) to certain market segments that include hospitality and
multi-unit dwellings. To facilitate  communications  infrastructure for the 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 NCG will be the exclusive provider of
high-speed  Internet  access,  wireless ISP and related  appliances,  equipment,
software  and  services  in  the  targeted  market  segments.  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. The Company is
currently  evaluating the market for services to the hospitality,  apartment and
office building market segments.  We cannot assure you that we will ever be able
to  develop a high  speed  access  system  for the  hospitality  and  multi-unit
dwelling  market  segments,  nor can we  assure  you  that any  related  concept
licensed from another company will be a commercially viable product.


RECENT SIGNIFICANT EVENTS

     On August 10, 2001 Gregory J. Kaiser resigned as President of Enter Tech to
pursue other opportunities. He will remain a Director 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


                                       15
<PAGE>



have authorized the return of the shares of stock related to this transaction to
treasury.  The  management  and legal  counsel  for Enter Tech are  aggressively
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.  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  to
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  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.

     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 August 10, 2001 no agreement has
been reached.

     The  current  number of shares  issued  and  outstanding  as of June 30 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, 2000.

DESCRIPTION OF OUR CURRENT PLAN OF OPERATION

     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  to
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


                                       16
<PAGE>



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.

     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. 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  June  30,  2001,  Enter  Tech  had no  cash  on  hand,  and  current
liabilities  of  $1,569,665.  This  represented  a working  capital  deficit  of
$1,569,665.

     As of June 30,  2001,  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:

     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:


                                       17
<PAGE>


     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.




                                       18
<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 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, 2001 through June 30, 2001,  there has been only
one security transaction authorized by Enter Tech without registration under the
Securities Act of 1933.

     On May 31, 2001 Enter Tech Corporation entered into a Compromise Settlement
Agreement and Mutual  Release with Northern  Communications  Group,  Inc.  (NCG)
where Enter Tech  agreed to pay NCG 60,000  shares of the  company's  restricted
common stock in exchange for release of $13,150 in past due accounts.  No person
acted as an  underwriter  with  respect  to this  issuance  and no  underwriting
discounts or commissions  were paid  therefore.  These  securities  were sold in
reliance upon the exemption from the  registration  requirements of Section 5 of
the Securities Act as a transaction no involving a public offering under Section
4(2) of the Securities  Act. The securities  were: (I) acquired for  investment;
(ii) issued to a supplier of the Company  familiar  with the Company;  and (iii)
issued as  "restricted  securities"  as defined  under the  Securities  Act. The
Certificates  issued to represent these securities  contain a restrictive legend
denoting their status as restricted securities.


ITEM 3.  DEFAULTS IN SENIOR SECURITIES

         Not Applicable

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITES 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

               No reports on Form 8-K were filed during the three-month period
ended June 30, 2001.


                                       19
<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:  August 13, 2001           By: /s/ Sam Lindsey
                                     -------------------------------------------
                                     Sam Lindsey, Chairman and Chief Financial
                                     Officer




                                       20