Page 1
                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549


                                   FORM 10-Q


                  Quarterly Report Under Section 13 or 15(d)
                    of The Securities Exchange Act of 1934




For the Quarter Ended                     Commission File Number

    March 31, 1998                                        0-13338

                               INFOAMERICA, INC.
                          2600 Canton Court, Suite G
                         Fort Collins, Colorado 80525
                          Telephone:  (970) 221-5599



        Colorado                                        84-0853869

(State of Incorporation)                            (I.R.S. Employer
                                                   Identification No.)




      Indicate by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days.

Yes    x          No

      As of March 31, 1998,  Registrant  had 3,405,731  shares of its $0.025 par
value  common  stock  outstanding.   An  additional  256,199  shares  have  been
authorized  but not issued as of March 31, 1998.  After  issuing  these  256,199
shares, the number of outstanding shares will total 3,661,930.


<PAGE>


                                  BALANCE SHEET


                                      ASSETS
                                  March 31, 1998

                                                    Unaudited      Audited
                                                     3/31/98       12/31/97



Current assets:
   Cash                                              $ 66,231       $ 50,255
   Accounts receivable:
     Trade, net of allowance for
        doubtful accounts of $-0-                      40,965         38,632


        Total current assets                          107,196         88,887

Property and equipment, at cost:
   Furniture and fixtures                              35,344         35,344
   Vehicles                                            52,170         52,170
   Computer equipment                                  75,662         75,662
                                                      --------       --------

                                                      163,176        163,176
     Less accumulated depreciation                     87,635         87,635
                                                      --------       --------

        Net property and equipment                     75,541         75,541

Other assets:
   Deposits                                             1,598          1,598
                                                     --------       --------

   Total Assets                                      $184,336       $166,026
                                                     ========       ========


<PAGE>

                                INFOAMERICA, INC.
                                  BALANCE SHEET


                  LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
                                  March 31, 1998


                                                          3/31/98       12/31/97
Current liabilities:
   Accounts payable                                     $   5,717     $   10,019
   Accrued salaries and payroll taxes                       4,387          4,387
   Accrued interest                                        52,924         52,924
   Accrued profit sharing plan
     contribution                                          14,543         14,542
   Customer deposits                                       40,000         40,000
   Accrued bonuses and expenses due
     officers                                              50,080         63,925
   Advances Payable to Officers                            11,979         11,979
   Current Portion of Notes Payable                         5,471          6,972
   Unearned Revenue                                        25,000              -
   Convertible notes payable                               15,000         15,000
   Deferred revenue                                        15,000         15,000
                                                       ----------     ----------

        Total current liabilities                         240,101        234,748

Long-term liabilities:
   Convertible notes payable - officers                    50,000         50,000
   Notes Payable-Vehicles                                  31,838         31,838

Total Long Term Liabilities                                81,838         81,838

Stockholders' equity (deficit):
        Preferred stock, $1 par value;
        5,000,000 shares authorized,
        none issued                                            --             --
     Common stock, $.025 par value;
        900,000,000 shares authorized,
        3,542,981 shares (3,351,481
        shares 1995) issued and outstanding                83,356         83,356
     Additional paid-in capital                         1,977,228      1,977,228
     Accumulated deficit                              (2,198,187)    (2,211,144)

        Total stockholders' equity (deficit)            (137,604)      (150,560)
                                                      ----------     ----------

     Total Liabilities & Stockholder Equity            $  184,335     $  166,026
                                                       ==========     ==========

<PAGE>

                                INFOAMERICA, INC.

                      CONSOLIDATED STATEMENT OF OPERATIONS

                    For the Three Months Ended March 31, 1997 and 1998

                                   (Unaudited)
<TABLE>

<S>                                               <C>           <C>              <C>
                                         For the QTR    For the QTR        12 Months
                                          end 3/31/97    end 3/31/98     end 12/31/97

Software Sales                                      0         61,199         $490,832

Equipment Sales                                     0              0                0

Consulting and other sales                     76,537         18,094            4,770

Software Support Fees                          52,679         25,000                0
                                           ----------     ----------       ----------

      TOTAL INCOME                            129,216        104,294          495,602
                                           ==========     ==========       ==========

Expenses
      Cost of Eq. Sold                              0              0

      Sales Promotion and
         Advertising                            2,772              0                0

      General & Admin.                        129,474         91,337          497,599
                                           ----------     ----------       ----------

      TOTAL EXPENSES                          132,246         91,337          497,599
                                           ----------     ----------       ----------

Net Income (Loss)                             (3,031)         12,956          (1,997)
                                           ==========     ==========       ==========

Net Income (Loss) Per Share                         *              *                *

Weighted Average                            3,542,981      3,405,731        3,405,731

</TABLE>

<PAGE>


                                INFOAMERICA, INC.

                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

                      For the 3 months ended March 31, 1998

                                   (Unaudited)  
<TABLE>

<S>                                  <C>          <C>           <C>             <C> 
                                                            Additional
                                    Common Stock             Paid-In       Accumulated
                                 Shares        Amount        Capital         Deficit

Balance, December 31,
   1997                         3,405,731      $88,572      $1,977,228      ($2,211,144)

Profit for the 3
   months ended
   March 31, 1998                     ---          ---             ---           $12,956

Balances,
   March 31, 1998               3,405,731      $88,572      $1,977,228       ($2,198,187)
                                =========      =======      ==========      ============

</TABLE>


<PAGE>


                                INFOAMERICA, INC.

                             STATEMENT OF CASH FLOWS

                For the 3 months ended March 31, 1998 and 1997
                                   (Unaudited)

<TABLE>
<S>                                                            <C>               <C> 
                                                               1998              1997
                                                            ----------         ------

Cash flows from operating activities:
   Net income (loss)                                       $ 12,956          $ (3,031)

Adjustments to reconcile net income (loss)
 to net cash (used in) operations:
   Depreciation and amortization                                                   -
   (Increase) decrease in trade accounts
      receivable                                            (2,333)            22,099
   Increase (decrease) in accounts payable                  (4,308)           (11,683)
   Decrease in salaries payable                            (13,845)              (569)
   Increase (decrease) in accrued liabilities               (1,501)               959
  Decrease in customer deposits                             25,000
          Total Adjustments                                  3,013            (52,500)
                                                                -            ---------

      Net Cash Used in Operations                           15,969            (44,725)

Cash flows from investing activities:
   Proceeds from sale of fixed assets                          ---                ---
   Purchases of property and equipment                         ---              (515)
                                                           -------        -----------

      Net Cash Used in Investing Activities                    ---              (515)

Cash flows from financing activities:
   Payments on lease                                                               --

      Net Cash Used in Financing Activities                    ___                 --
                                                           -------           --------

Net Increase in Cash                                        15,969           (45,240)

Cash Balance at Beginning of Period                         50,255            34,201
                                                          --------           --------

Cash Balance at End of Period                            $  66,231         $ (11,038)
                                                         =========           =========
</TABLE>


<PAGE>


                               INFOAMERICA, INC.

                    NOTES TO UNAUDITED FINANCIAL STATEMENTS


                                March 31, 1998



      1.    Basis of Presentation

            The  balance  sheet  at  March  31,  1998,  and  the  statements  of
operations  and cash flows for the three  months  ended March 31, 1998 and 1997,
have been prepared by the Company  without  audit.  In the opinion of management
the  accompanying   unaudited  financial   statements  contain  all  adjustments
(consisting of only normal recurring accruals) necessary for a fair presentation
of the  financial  position as of March 31, 1998,  and the results of operations
and cash flows for the periods ended March 31, 1998 and 1997.

            The financial statements have been prepared on a going concern basis
which  contemplates  the realization of assets and liquidation of liabilities in
the  ordinary  course  of  business.  As  shown  in the  accompanying  financial
statements,  the Company has incurred significant  recurring losses and at March
31,  1998,  the  Company  has  a  working  capital  deficit  of  $132,905  and a
stockholders' deficit of $137,604.  As a result,  substantial doubt exists about
the Company's  ability to continue to fund future  operations using its existing
resources.

            The Company  intends to pursue the fast food industry during 1998 in
an effort to expand its presence  with major chain  accounts  for the  Company's
order entry  software.  The Company intends to reduce  operating  expenses where
appropriate and attempt to secure  consulting  contracts with current as well as
new  customers.  Although  the  Company  is  hopeful  these  strategies  will be
successful,  there is no assurance that  sufficient cash flows will be generated
to fund current operations.

            The financial  statements do not include any adjustments  that might
be necessary should the Company be unable to continue as a going concern.

      2.    Income Taxes

            No provision for income taxes is required at March 31, 1998 and 1997
because,  in management's  opinion,  the effective tax rate for the year will be
zero.


      3.    Net Income (Loss) per Share

            Net income (loss) per share is based on the weighted  average number
of shares of common stock outstanding  during the three month period ended March
31, 1998 and 1997.


<PAGE>


  I.  CHANGES IN FINANCIAL CONDITION

      Working Capital  remained stable during the first three months of 1998 due
to a breakeven  performance.  It is  anticipated  that the  Company's  financial
condition  will  remain  the same  during  the  balance of 1998 as new fast food
contracts are realized. If revenues do not materialize as expected,  the Company
will seek investment capital and/or consulting  contracts to sustain operations.
There is no assurance the Company will be successful in securing such investment
capital or consulting contracts.

  II. RESULTS OF OPERATIONS

      Revenues:

            1st Quarter 1998 vs. 1997: 1998 first quarter  results  declined 19%
from 1997  levels as 1997 first  quarter  results  included  payment for a major
consulting project started in 1995.

      Expenses:

            1st Quarter 1998 vs. 1997: 1998 year-to-date  expenses decreased 31%
from 1997 levels due primarily to decreased use of outside  consulting  services
and a reduction in staff.

      Income:

            1st Quarter 1998 vs. 1997: 1998  year-to-date  profit  increased 
$15,987 from 1997 levels reflecting reduced expenses.


<PAGE>


  ITEM 6 -- EXHIBITS AND REPORTS ON FORM 8K

            A.    Exhibits -- None








                                  SIGNATURES

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



                                                INFOAMERICA, INC.


  Date:   May 19, 1998                          /s/   Paul F. Knight
        ----------------------                  -------------------------

                                                Paul F. Knight, President and
                                                   Chief Financial Officer



<PAGE>