UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   Form 10-QSB

             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                        SECURITIES EXCHANGE ACTS OF 1934

                For the quarterly period ended September 30, 2003

                         Commission File Number 0-16286

                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
             (Exact name of registrant as specified in its charter)

                Delaware                               95-4082020
     (State or other jurisdiction  of               (I.R.S. Employer
      Incorporation or Organization)              Identification Number)

                           54 BROAD STREET, SUITE 200B
                               RED BANK, NJ  07701
                    (Address of principal executive offices)

                                 (732) 212-1133
              (Registrant's telephone number, including area code)

                               MEDPLUS CORPORATION
           (Former name, former address, if changed since last report)

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 November 12, there were 4,762,300 shares of the registrant's Common Stock,
par  value  $.001  per  share,  outstanding.

FORWARD  LOOKING  STATEMENTS

Some  of  the  information  presented  in  this  quarterly  report  constitutes
forward-looking  statements  within  the  meaning  of  the  private  Securities
Litigation  Reform  Act  of  1995.  Statements  that  are  not historical facts,
including  statements  about  management's expectations for fiscal year 2003 and
beyond,  are  forward  looking  statements  and  involve  various  risks  and
uncertainties.  Although the Company believes that its expectations are based on
reasonable  assumptions  within  the  bounds  of  its knowledge, there can be no
assurance  that  actual  results  will  not differ materially from the Company's
expectations.  Factors  that could cause the actual results to differ materially
from  expectations are discussed in the Company's Annual Report on Form 10-K and
in  other  filings  with  the  Securities  and  Exchange  Commission.


<PAGE>
                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                              REPORT ON FORM 10-QSB


                                TABLE OF CONTENTS


PART  I                                                              PAGE NUMBER
-------                                                              -----------

ITEM 1. - CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


          Balance Sheet as of September 30, 2003 (Unaudited)
          and March 31, 2003 (Audited). . . . . . . . . . . . . . . . . .   3


          Statements of Operations for the Six Months and Three
          Months ended September 30, 2003 and 2002 with Cumulative
          Totals since April 1, 2003 (Unaudited). . . . . . . . . . . . .   4

          Statements of Cash Flows for the Six Months ended
          September 30, 2003 and 2002 with Cumulative Totals Since
          April 1, 2003 (Unaudited) . . . . . . . . . . . . . . . . . . .   5

           Notes to Condensed Consolidated Financial Statements . . . . .   6

ITEM 2. - MANAGEMENT'S DISCUSSION AND ANALYSIS OF THE
              FINANCIAL CONDITION  AND RESULTS OF
              OPERATIONS. . . . . . . . . . . . . . . . . . . . . . . . .  11

PART  II
--------

              Other Information . . . . . . . . . . . . . . . . . . . . .  12

              Signature Page. . . . . . . . . . . . . . . . . . . . . . .  14


                                        2
<PAGE>
<TABLE>
<CAPTION>
PART  I  -  ITEM  1.    ATLANTIS  BUSINESS  DEVELOPMENT  CORPORATION
                             (FORMERLY MEDPLUS CORPORATION)
                             (A DEVELOPMENT STAGE COMPANY)
                          CONDENSED CONSOLIDATED BALANCE SHEET

                                         ASSETS

                                                                            RESTATED
                                                          SEPTEMBER 30,     MARCH 31,
                                                               003            2003
                                                           UNAUDITED)       (AUDITED)
                                                         ---------------  -------------
<S>                                                      <C>              <C>
CURRENT ASSETS
    Cash and cash equivalents                            $            -   $          -
                                                         ---------------  -------------

        TOTAL CURRENT ASSETS                                          -              -
                                                         ---------------  -------------

TOTAL ASSETS                                             $            -   $          -
                                                         ---------------  -------------


LIABILITIES
  Current Liabilities:
      Accounts payable and accrued expenses              $       14,224   $      2,000
      Notes payable - related parties                           273,200        203,200
      Accrued payroll taxes                                     287,832         94,500
                                                         ---------------  -------------

          TOTAL CURRENT LIABILITIES                             575,256        299,700
                                                         ---------------  -------------

LONG TERM DEBT                                                        -              -
                                                         ---------------  -------------

TOTAL LIABILITIES                                        $      575,256        299,700
                                                         ---------------  -------------

SHAREHOLDERS' DEFICIT
  Preferred stock, $.001par value, 2,000,000 shares
     authorized, no shares issued and outstanding                     -              -
  Common stock, $.001 par value, authorized 200,000,000
     and 100,000,000 shares at September 30, 2003 and
     March 31, 2003, and 4,762,300 and 45,079,228
     shares issued and outstanding, respectively                  4,762         45,079
  Additional paid in capital                                     42,849     10,898,799
  Deficit accumulated in the development stage                 (622,867)   (11,243,578)
                                                         ---------------  -------------
     TOTAL STOCKHOLDERS' DEFICIT                               (575,256)      (299,700)
                                                         ---------------  -------------

TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT               $            -   $          -
                                                         ===============  =============
NET ASSET VALUE PER SHARE                                $        (0.12)  $      (0.01)
                                                         ===============  =============
</TABLE>

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


                                        3
<PAGE>
<TABLE>
<CAPTION>
                                       ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                                          (FORMERLY  MEDPLUS  CORPORATION)
                                            (A DEVELOPMENT STAGE COMPANY)
                              CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
                         FOR THE SIX MONTHS AND THREE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
                                     (WITH CUMULATIVE TOTALS SINCE APRIL 1, 2003)


                                           SIX MONTHS ENDED                 THREE MONTHS ENDED         Cumulative
                                   --------------------------------  ------------------------------   totals since
                                    September 30,    September 30,    September 30    September 30    April 1,2003
                                        2003             2002             2003            2002        (SEE NOTE 1)
                                   ---------------  ---------------  --------------  --------------  --------------
<S>                                <C>              <C>              <C>             <C>             <C>
OPERATING REVENUES
   Revenue                         $            -   $            -   $           -   $           -   $           -

COST OF SALES                                   -                -               -               -               -

GROSS PROFIT                                    -                -               -               -               -

OPERATING EXPENSES
    Compensation                           20,000                -           8,000           2,000          20,000
    Other expenses                         22,771            4,750          15,177           4,750          22,771
    Professional fees                      31,750              697          10,250             697          31,750
    Contract services                           -            2,000               -           2,000               -
    Office rent and expenses                4,500                -           3,000               -           4,500
    Travel and meals expenses               3,203                -             256               -           3,203
                                   ---------------  ---------------  --------------  --------------  --------------
        TOTAL OPERATING EXPENSES           82,224            7,447          36,683           9,447          82,224
                                   ---------------  ---------------  --------------  --------------  --------------

NET LOSS BEFORE OTHER INCOME              (82,224)          (7,447)        (36,683)         (9,447)        (82,224)

OTHER INCOME (EXPENSE)
    Forgiveness of debt                         -          118,670               -         118,670               -
                                   ---------------  ---------------  --------------  --------------  --------------
        TOTAL OTHER INCOME                      -          118,670               -         118,670               -
                                   ---------------  ---------------  --------------  --------------  --------------

NET INCOME (LOSS) BEFORE
  PROVISION FOR INCOME TAXES              (82,224)         111,223         (36,683)        109,223         (82,224)
Provision for Income Taxes                      -                -               -               -               -
                                   ---------------  ---------------  --------------  --------------  --------------

NET INCOME (LOSS) APPLICABLE
  TO COMMON SHARES                 $      (82,224)  $      111,223   $     (36,683)  $     109,223   $     (82,224)
                                   ===============  ===============  ==============  ==============  ==============
NET CHANGE IN ASSETS FROM
  OPERATIONS PER BASIC AND
  DILUTED SHARES                   $        (0.02)  $         0.01   $       (0.01)  $        0.01
                                   ===============  ===============  ==============  ==============
WEIGHTED AVERAGE NUMBER
  OF COMMON SHARES OUTSTANDING          4,762,300       29,088,958       4,762,300      29,088,958
                                   ===============  ===============  ==============  ==============
</TABLE>

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


                                        4
<PAGE>
<TABLE>
<CAPTION>
                           ATLANTIS BUSINESS DEVELOMENT CORPORATION
                                (FORMERLY MEDPLUS CORPORATION)
                                 (A DEVELOPMENT STAGE COMPANY)
                        CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                     FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
                         (WITH CUMULATIVE TOTALS SINCE APRIL 1, 2003)


                                                                                  CUMULATIVE
                                                                                 TOTALS SINCE
                                                                                 APRIL 1, 2003
                                                            2003        2002     (SEE NOTE 1)
                                                         ----------  ----------  -------------
<S>                                                      <C>         <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net Income (loss)                                      $ (82,224)  $ 111,223   $    (82,224)
                                                         ----------  ----------  -------------
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH
  PROVIDED BY (USED IN) OPERATING ACTIVITIES:
  Forgiveness of debt                                            -    (118,670)             -

CHANGES IN ASSETS AND LIABILITIES:
  Increase in accounts payable and accrued expenses         12,224       8,394         12,224
  (Increase) in prepaid expenses and other assets                -           -              -
                                                         ----------  ----------  -------------
  Total Adjustments                                         12,224    (110,276)        12,224
                                                         ----------  ----------  -------------

   NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES     (70,000)        947        (70,000)
                                                         ----------  ----------  -------------


CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of note                                          70,000           -         70,000
         NET CASH PROVIDED BY  FINANCING ACTIVITIES         70,000           -         70,000

NET INCREASE IN
  CASH AND CASH EQUIVALENTS                                      -         947              -

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD                  -           -              -
                                                         ----------  ----------  -------------

CASH AND CASH EQUIVALENTS - END OF PERIOD                $       -   $     947   $          -
                                                         ==========  ==========  =============
</TABLE>

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


                                        5
<PAGE>
                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           SEPTEMBER 30, 2003 AND 2002
                                   (UNAUDITED)

NOTE 1-   ORGANIZATION
          ------------

          The Company was incorporated in the State of Delaware in December 1986
          as Vision Technology International. They changed their name in 1992 to
          Medplus  Corporation.  The  Company  had  operated  in the health care
          financing  industry. The Company ceased all operations in 1998 and has
          little  or  no  viable  operations  since  that  date.

          On  April  20,  2003,  the  Company's  Board  of Directors voted to be
          regulated  as a Business Development Company pursuant to Section 54 of
          the  Investment Company Act of 1940. The decision to become a Business
          Development Company was made primarily to better reflect the Company's
          anticipated  future business and developing relationships. The Company
          does  not  intend  to  focus  its investments in any one industry; but
          intends to carefully screen any and all candidates that appear to have
          superior  investment  opportunities.

          Accordingly,  the  Company  is now a Business Development Company that
          has  elected  to be regulated pursuant to Section 54 of the Investment
          Company  Act  of 1940. A Business Development Company is an investment
          company  designed  to assist eligible portfolio companies with capital
          formation.

          With  this  new  designation,  the  Company  as  of April 1, 2003, has
          decided  to  offset  their  existing additional paid-in capital to the
          deficits that had accumulated since inception (December 1986). The net
          result  was that the deficits accumulated in the development stage was
          left  with  a  balance  of  $347,311

NOTE 2-   SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
          ----------------------------------------------

          DEVELOPMENT  STAGE  COMPANY
          ---------------------------

          Atlantis  Business  Development  Corporation  is  a  development stage
          company. The Company devotes substantially all of its efforts to seek,
          investigate  and,  if  warranted,  invest  in  other  companies.

          USE  OF  ESTIMATES
          ------------------

          The  preparation of financial statements in conformity with accounting
          principles generally accepted in the United States of America requires
          management  to make estimates and assumptions that affect the reported
          amounts  of assets and liabilities and disclosure of contingent assets
          and  liabilities  at  the  date  of  the  financial statements and the
          reported amounts of revenues and expenses during the reporting period.
          Actual  results  could  differ  from  those  estimates.


                                        6
<PAGE>
                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 2003 AND 2002
                                   (UNAUDITED)


NOTE 2-   SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
          ----------------------------------------------
          (CONTINUED)

          BASIS  OF  PRESENTATION
          -----------------------

          The accompanying condensed consolidated financial statements have been
          prepared  on a going concern basis, which contemplates the realization
          of  assets and the satisfaction of liabilities in the normal course of
          business.  The  Company  has  been  inactive since 1998. These factors
          indicate  that  the  Company  will  be  unable  to continue as a going
          concern.  The  condensed  consolidated  financial  statements  do  not
          include  any  adjustments  relating  to  the  recoverability  and
          classification  of  recorded  asset  amounts  or  the  amounts  and
          classification  of  liabilities  that  might  be  necessary should the
          Company  be  unable  to  continue  as  a  going concern. The Company's
          continuation  as  a  going  concern  is  dependent upon its ability to
          generate sufficient cash to meet its obligations on a timely basis, to
          obtain  financing  as  may  be  required,  and  ultimately  to  attain
          successful  operations.

          PRINCIPLES  OF  CONSOLIDATION
          -----------------------------

          The  condensed  consolidated financial statements include the accounts
          of  the  Company.  There are no subsidiaries as of September 30, 2003.

          CASH  AND  CASH  EQUIVALENTS
          ----------------------------

          The  Company  considers  all  highly liquid debt instruments and other
          short-term  investments  with  an  initial maturity of three months or
          less  to  be  cash  or  cash  equivalents.

          At September 30, 2003, the Company maintained cash and cash equivalent
          balances  at one financial institution which is insured by the Federal
          Deposit Insurance Corporation, whose amounts do not exceed the insured
          limit  of  $100,000.


                                        7
<PAGE>
                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (CONTINUED)
                           SEPTEMBER 30, 2003 AND 2002
                                   (UNAUDITED)


NOTE 2-   SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
          ----------------------------------------------
          (CONTINUED)

          INCOME  TAXES
          -------------

          Deferred  income  taxes  are  reported  using  the  liability  method.
          Deferred  tax  assets  are  recognized  for  deductible  temporary
          differences  and  deferred  tax liabilities are recognized for taxable
          temporary  differences.  Temporary  differences  are  the  differences
          between  the  reported amounts of assets and liabilities and their tax
          bases.  Deferred tax assets are reduced by a valuation allowance when,
          in  the  opinion  of  management, it is more likely than not that some
          portion  or  all  of  the  deferred  tax  assets will not be realized.
          Deferred  tax  assets  and liabilities are adjusted for the effects of
          changes  in  tax  laws  and  rates  on  the  date  of  enactment.

          FAIR  VALUE  OF  FINANCIAL  INSTRUMENTS
          ---------------------------------------
          The  carrying  amounts  reported  in  the  balance  sheet for cash and
          accrued  expenses  approximate  fair value because of the immediate or
          short-term  maturity  of  these  financial  statements.

          ADVERTISING  COSTS
          ------------------

          The  Company's  expenses  the  costs  associated  with  advertising as
          incurred.  The  Company  had $1,452 and zero advertising costs for the
          six  months  ended  September  30,  2003  and  2002,  respectively.

          RECLASSIFICATIONS
          -----------------

          Certain  reclassifications  have  been  made to prior year captions in
          order  to  conform  to  current  year  presentation.


                                        8
<PAGE>
                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (CONTINUED)
                           SEPTEMBER 30, 2003 AND 2002
                                   (UNAUDITED)


NOTE 3-   ACCRUED  PAYROLL  TAXES
          -----------------------

          This  account  represents  a  previous "Offer and Compromise" with the
          Internal  Revenue  Service  the  "IRS")  dated  August 6, 2001 for the
          reduction  of outstanding payroll taxes from 1996 through 1999 and the
          release  of  the  corresponding  liens.  The  Company defaulted on the
          agreement  and  therefore  has recorded the previous entire liability.
          The new management of the Company believes that the original agreement
          with  the  IRS  will  be  reinstated  within  the  current  year.

NOTE 4-   NOTES  PAYABLE  -  RELATED  PARTIES
          -----------------------------------

          Notes  payable to related parties represent notes to stockholders that
          are  due  on  demand  with  interest  commencing  March  2004.

NOTE 5-   STOCKHOLDERS'  DEFICIT
          ----------------------

          The Company issued 2,531,780 shares of common stock to an investor for
          $50,000  on June 25, 2003. The Company on September 19, 2003 rescinded
          this  transaction. The transfer agent on October 17,2003 cancelled the
          stock.

          The  Board  of Directors on July 29, 2003 voted to increase the common
          stock authorized of the Company to 200,000,000 and approved a 1 for 10
          reverse  stock  split.


                                        9
<PAGE>
                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (CONTINUED)
                           SEPTEMBER 30, 2003 AND 2002
                                   (UNAUDITED)


NOTE 6-   PROVISION  FOR  INCOME  TAXES
          -----------------------------

          The  Company did not provide for in come taxes in the six months ended
          September  30, 2003. Additionally, the Company established a valuation
          allowance  equal  to the full amount of the deferred tax assets due to
          the  uncertainty  of the utilization of the operating losses in future
          periods.

          At  September  30,  2003,  the  deferred  tax  assets  consists of the
          following:

                                                      2003
                                                    ---------

          Deferred taxes due to net operating loss
          carryforwards                             $ 16,200

          Less:  Valuation allowance                 (16,200)
                                                    ---------

          Net deferred tax asset                    $      -
                                                    =========


                                       10
<PAGE>
ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF
-----------------------------------------------------
FINANCIAL  CONDITION  AND  RESULTS  OF  OPERATIONS
--------------------------------------------------

LIQUIDITY  AND  CAPITAL  RESOURCES
----------------------------------

At  September 30, 2003 the Company had working capital of ($575,256) compared to
working  capital  of  ($299,700)  at  March 31, 2003 (as restated).  The working
capital  decrease  was  due  to the Company increasing its payroll tax liability
from  the  Offer  in  Compromise  amount to the total amount due.  The Company's
current liabilities are higher than its assets due primarily to the deferred tax
liability  and  notes  payable  to  related  parties.

The  Company's  liquidity  position  is  severely strained.  Liquidity needs are
currently  being  met from short-term borrowing in the form of promissory notes.
On  April  20, 2003, the Company's Board of Directors voted to be regulated as a
Business  Development  Company  pursuant to Section 54 of the Investment Company
Act  of  1940.  The  Company's  ability to continue operations is dependent upon
this  business  direction  change  and  it's  ability to raise additional equity
and/or debt financing.  This and other factors raise substantial doubt as to the
Company's  ability  to  continue  as  a  going  concern. Although the Company is
actively engaged in activities with intent to raise equity and/or debt financing
in  order  to meet its long-term liquidity needs, there can be no assurance that
the  Company  will  be  able  to  consummate  the  transaction  and/or raise the
additional  financing  necessary  for  continuing  operations.

RESULTS  OF  OPERATIONS
-----------------------

There  was  zero revenue derived from the Company for the six month period ended
September  30,  2003.  Similarly there was zero revenue for the six month period
ended  September  30,  2002.

There  was  $82,224 Operational Expenses for operations for the six month period
ended  September  30, 2003 compared to Zero operation expenses for the six month
period  ended  September  30,  2002.  This  increase  in  operational expense is
attributable  to  the  company  changing  control and business direction thereby
resuming  business  operations  once  again

There  were  no  Sales  and  Marketing expenses for operations for the six month
period  ended  September  30,  2003.


                                       11
<PAGE>
                                     PART II
                                OTHER INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS
          ------------------

          None

ITEM  2.  CHANGES  IN  SECURITIES
          -----------------------

          None

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES
          ----------------------------------

          None

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITIES  HOLDERS
          -------------------------------------------------------------

At  the  Annual  Meeting  of shareholders held on July 29, 2003, pursuant to the
Notice  of  Annual  Meeting  of  Stockholders  dated July 1, 2003, the following
actions  were  taken:
     1.   The  Proposal  to  elect,  Brian Zucker, Tim DeHerrera, Leon Reingold,
          Leon  Golden  and  John  Leo  directors  to hold office until the 2004
          Annual  Meeting of Stockholders and until their successors are elected
          and  qualified  was  approved  as  follows:
               Brian Zucker, Tim DeHerrera, Leon Reingold, Leon Golden, John Leo
               -  (23,852,365  shares  in  favor,  2,890  shares against; and no
               shares  abstained).
     2.   The  proposal  to appoint Bagell, Josephs & Company LLP as independent
          auditors for the Company for the fiscal year ending March 31, 2003 was
          approved  (23,853,903  shares  in  favor:  551 shares against; and 801
          abstained).
     3.   The  proposal  to  effect  a 1 for 10 reverse stock split was approved
          (23,649,929  shares  in  favor:  204,808  shares  against;  and  518
          abstained).
     4.   The proposal to amend the bylaws to allow no less than 3, no more than
          9  directors  of the Company was approved (23,848,979 shares in favor:
          5,308  shares  against;  and  968  abstained).
     5.   The  proposal  to  change the fiscal year of the Company to a calendar
          year  ending  December  31was  approved  (23,743,903  shares in favor:
          110,968  shares  against;  and  384  abstained).
     6.   The  proposal to change the name of the company to reflect anticipated
          activities  as a business development corporation to Atlantis Business
          Development  Corporation  was  approved(  23,851,439  shares in favor:
          3,275  shares  against;  and  551  abstained).
     7.   The  proposal  to  amend the Company's Certificate of Incorporation to
          change  the  authorized  shares  to  200,000,000 shares was approved (
          23,650,733)  shares  in  favor:  203,957  shares  against;  and  565
          abstained).

No  other  matters were submitted to a vote of the Company's stockholders during
the  second  quarter  of  the  fiscal  year  covered  by this report through the
solicitation  of  proxies  or  otherwise.


ITEM  5.  OTHER  INFORMATION
          ------------------

          None

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

          (a)  Exhibits
               99-1  Statement under oath of principal executive officer.
               99-2  Statement under oath of principal officer.

          (b)  Reports  on  Form  8-K


                                       12
<PAGE>
               6.1  Changes in Registrants Certifying Accountants, filed on Form
                    8K  on  August  8, 2003 and Incorporated herein by reference

               6.1  Reverse  split of Registrants common stock, filed on Form 8K
                    on  August  28,  2003  and  incorporated herein by reference

               6.2  Name  Change  of  Registrant, filed on Form 8K on August 28,
                    2003  and  incorporated  herein  by  reference.

Signatures
----------

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

                                       ATLANTIS BUSINESS DEVELOPMENT CORPORATION


Date:  November  12,  2003                  By /S/ Brian  Zucker
                                               -----------------------
                                               Brian  Zucker
                                               President


Date:  November  12,  2003                  By /S/ Tim  DeHerrera
                                               -----------------------
                                               Tim  DeHerrera
                                               Treasurer


                                       13
<PAGE>