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 31, 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 May 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
                 March 31, 2001 and December 31, 2000                       4

               Consolidated Statements of Operations,
                 Three Months Ended March 31, 2001 and
                 March 31, 2000                                             5

               Consolidated Statements of Cash Flows,
                 Three Months Ended March 31, 2001 and
                 March 31, 2000                                             6

               Notes to Consolidated Financial Statements                   7

     Item 2.   Plan of Operation                                           14

Part II.  Other Information                                                17

     Item 1.   Legal Proceedings                                           17

     Item 2.   Changes in Securities                                       17

     Item 3.   Defaults upon Senior Securities                             17

     Item 4.   Submission of Matters to a Vote of Security Holders         17

     Item 5.   Other Information                                           17

     Item 6.   Exhibits and Reports on Form 8-K                            17

Signatures                                                                 18


                                       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  balance sheet of Enter Tech Corporation as of
March 31, 2001, and the related  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
May 14, 2001


                                       3
<PAGE>


                          ENTER TECH CORPORATION
                       CONSOLIDATED BALANCE SHEETS
                                (Unaudited)

                                   ASSETS

                                                       March 31      December 31
                                                         2001           2000
Current Assets
 Cash                                                 $       339    $      421
                                                      -----------    ----------
  Total Current Assets                                        339           421

Equipment, net of accumulated
 depreciation of                                           15,010        14,953
Other                                                          48            48
                                                      -----------    ----------

  Total Assets                                        $    15,397    $   15,422
                                                      ===========    ==========


             LIABILITIES AND STOCKHOLDERS' (DEFICIT)

Current Liabilities:
     Accounts payable                                 $   284,083    $  251,557
     Checks in excess of bank balance                      12,382             -
     Stock compensation payable                            27,450        27,450
     Customer deposits                                     60,000        60,000
     Notes payable, related parties                       763,531       668,989
     Notes payable, other                                 250,000       250,000
                                                      -----------    ----------
  Total Current Liabilities                             1,397,446     1,257,996
                                                      -----------    ----------

  Total Liabilities                                     1,397,446     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 and
          outstanding at March 31, 2001 and
          17,012,884 at December 31, 2000                   1,709         1,701
     Additional paid-in capital                         7,829,553     7,823,778
     Stock subscriptions receivable,
      services                                         (3,149,614)   (3,799,764)
     Accumulated deficit                               (6,063,797)   (5,268,389)
                                                      -----------    ----------
Total Stockholders' (Deficit)                          (1,382,049)   (1,242,574)
                                                      -----------    ----------

Total Liabilities and
      Stockholders' (Deficit)                          $    15,397    $   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
                                                  March 31,          March 31,
                                                    2001                2000

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

Operating Expenses:
     Depreciation                                      1,135                410
     Professional fees                               115,714             77,162
     Rent                                                  -              4,500
     Stock issued for services                       655,933              9,000
     Travel                                                -              2,572
     Telephone                                         1,514                863
     Other                                                73              1,835
                                                ------------        -----------
       Total Operating Expenses                      774,369             96,342
                                                ------------        -----------

Net Operating (Loss)                                (774,369)           (96,342)

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

Net Loss to Common Shareholders                 $   (795,408)       $   (96,342)
                                                ============        ===========

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

Weighted Average Number
 of Shares Outstanding                            17,089,984          7,783,000
                                                ============        ===========

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


                                        5
<PAGE>


                             ENTER TECH CORPORATION
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)

                                                   Three Months     Three Months
                                                      Ended            Ended
                                                     March 31,        March 31,
                                                       2001             2000
Cash Flows Operating Activities:
     Net (loss)                                    $  (795,408)      $  (96,342)
     Adjustment to reconcile net
      (loss) to net cash provided
      by operating activities:
       Depreciation                                      1,135              410
       Stock for services                              655,933            9,000
       (Increase) in note receivable
        related parties                                      -          (23,515)
       Increase in accounts payable
        and accrued expenses                            44,908           16,659
                                                    ----------       ----------

  Net Cash (Used in) Operating
   Activities                                          (93,432)         (93,788)
                                                    ----------       ----------

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 notes payable                                 -          100,000
   Increase in payable, related
    parties                                             94,542           35,785
                                                   -----------       ----------

  Net Cash Provided by Financing
   Activities                                           94,542          135,785
                                                   -----------       ----------

Increase (decrease) in Cash                                (82)          41,997
                                                   -----------       ----------

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

Cash, End of Period                                $       339       $   42,011
                                                   ===========       ==========

Interest Paid                                      $    21,039       $        -
                                                   ===========       ==========

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

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

                                       6
<PAGE>


                             ENTER TECH CORPORATION
                NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 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.


                                       7
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 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.


                                       8
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 2001
                               (Unaudited)

(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.  (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.


                                        9
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 2001
                               (Unaudited)

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

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.

(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.


                                       10
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 2001
                               (Unaudited)

(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.

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.




                                       11
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 2001
                               (Unaudited)

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

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 March 31, 2001. In November 2000, the Company rescinded
these  agreements and requested the 3,125,000 shares be returned to the Company.
See note 12.

(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
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.



                                       12
<PAGE>


                             ENTER TECH CORPORATION
                 NOTES TO FINANCIAL CONSOLIDATED STATEMENTS
                              March 31, 2001
                               (Unaudited)

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

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 which have not been  returned.
The marketing and other services are 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.


                                       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  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 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 they will be the exclusive provider of communications
needs for Enter Tech projects  including  all  communications  installation  and
management  for the Hitdisc  kiosks  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 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.  The Company is currently  marketing  the services to the  hospitality,
apartment and office building market segments.

RECENT SIGNIFICANT EVENTS

     On December 19, 2000, Enter Tech Corporation  formed QuickGold 2000, LLC, a
limited  liability  company,  registered  in the State of  Colorado  for  future
marketing  purposes that may  necessitate  a joint venture -type of  operational
agreement.  As of the date of this filing,  no  activities  or members have been
added to the LLC.


     On  March  15,  2000,   Enter  Tech  entered  into  a  stock  purchase  and
subscription  agreement with the Trust under which it was 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,  $600,000
of additional  funds had been received  making a total amount  received from the
Trust of  $850,000.  At this time the Company was  informed by the Trust that it
would not be able to complete the scheduled  investments  as provided  under the
agreement.  After  extensive  discussions  with the  Trust in August of 2000 the
Company  instructed  its  counsel  to take  appropriate  action to  protect  the
Company's best  interests.  As of May 10, 2001, the Trust and the Company are in


                                       14
<PAGE>


the process of finalizing  documents for a settlement all issues relating to the
stock purchase agreement and the Trust's default  thereunder.  It is anticipated
that, if completed,  the settlement  will result in the Trust  acquiring  common
stock of the Company in an amount  materially less than the 6,000,000 shares for
the $850,000  previously invested and an additional  investment  materially less
than the  $9,150,000  remaining  amount due under the  agreement.  Although  the
Company has issued a stock  certificate for the 6,000,000 shares to be purchased
by the Trust,  no shares have or will be delivered to the Trust until the issues
between the Trust and the Company has been resolved.

     The  current  number of shares  issued and  outstanding  as of March 31 was
17,039,984  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

     In the third  quarter of 2000,  the  Company  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.  Hitdisc  continues its beta tests prior to attempting  further  market
penetration.

     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 they will be the exclusive provider of communications
needs for Enter Tech projects  including  all  communications  installation  and
management for projects undertaken by Enter Tech.

     The Company has  finalized 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 service has been named
"Custom  Room  Connect  (TM)" and will be  marketed  as such.  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  marketing  the  services  to the  hospitality,  apartment  and office
building  market  segments.  Both NCG and  Enter  Tech are  currently  reviewing
several  possible Value Added Reseller (VAR) agreements with vendors in both the
appliance and video distribution segments.

     We have not  established a specific  level of revenues,  earnings or assets
below which we would not  consider a potential  target  company for an alliance.
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
such a transaction.

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 31, 2001, Enter Tech had $339 in cash, and current  liabilities
of $1,397,446. This represented a working capital deficit of $1,397,107

     As of March 31, 2001,  Enter Tech had no material  commitments  for capital
expenditures and no plans to pay dividends to its shareholders.

     Since the Company can still only assume that the Reserve  Foundation  Trust
private placement will not completed and that no settlement may be reached,  and
that another source of  substantial  funding has not yet been  finalized,  Enter
Tech anticipates that it may not be able to maintain a development schedule that
would  move the  projects  forward  and Enter  Tech will be  dependent  upon the
acquisition of additional  capital to fund its operations over the next 12-month
period.

                                       15
<PAGE>

     Enter Tech has  finalized  its  managing  member  agreement  with the newly
formed  QuickGold  2000,  LLC.  In the event that  QuickGold  is  successful  in
completing a membership offering, then Enter Tech may be able to operate for the
next 12-month  period.  The company cannot  guarantee that any revenue earned as
the  managing  member of  QuickGold  2000,  LLC will be  sufficient  to continue
operations.

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:

     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.




                                       16
<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 Oct 13, 2000, 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.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 March 31, 2001,  there have been no
securities issued 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 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 March 31, 2001.


                                       17
<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, 2001             By: /s/ Sam Lindsey
                                     -------------------------------------------
                                     Sam Lindsey, Chairman and Chief Financial
                                     Officer




                                       18