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 December 31, 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 February 12, 2004, there were 24,762,300 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.


                                       1
<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 December 31, 2003 (Unaudited)................3

      Statements of Operations for the Nine and Three
      Months ended December 31, 2003 and 2002 with Cumulative
      Totals since April 1, 2003 (Unaudited)...........................4

      Statements of Cash Flows for the Nine Months ended
      December 31, 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.................................................10

PART II
-------
            Other Information..........................................11

            Signature Page.............................................11


                                       2
<PAGE>


PART I - ITEM 1


               ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                    (FORMERLY MEDPLUS CORPORATION)
                   (A DEVELOPMENT STAGE CORPORATION)
                        CONDENSED BALANCE SHEET
                     DECEMBER 31, 2003 (UNAUDITED)

                                ASSETS


CURRENT ASSETS
  Cash and cash equivalents                                  $ 3,620
                                                           ----------

FIXED ASSETS
     Fixed assets                                              4,000
     Accumulated Depreciation                                   (134)
                                                           ----------
    Total Fixed Assets                                         3,866
                                                           ----------

OTHER ASSETS
     Investments at cost                                       5,000
                                                           ----------

TOTAL ASSETS                                                $ 12,486
                                                           ==========

LIABILITIES
Current Liabilities:
   Accounts payable and accrued expenses                    $ 44,121
   Accrued payroll taxes                                     287,832
                                                           ----------
      Total Current Liabilities                              331,953
                                                           ----------

LONG-TERM DEBT- ADVANCES                                     105,000
                                                           ----------

TOTAL LIABILITIES                                            436,953
                                                           ----------

STOCKHOLDERS' DEFICIT
   Common stock, $.001 par value, authorized 200,000,000
   shares at December 31, 2003 and 24,762,300
    shares issued and outstanding                             24,762
   Additional paid-in capital                                226,049
   Deficit accumulated during development stage             (675,278)
                                                           ----------
      Total Stockholders' Deficit                           (424,467)
                                                           ----------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                 $ 12,486
                                                           ==========

NET ASSET VALUE PER SHARE                                   $ (0.018)
                                                           ==========


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


                                       3
<PAGE>
<TABLE>
<CAPTION>

                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
                 CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED)
      FOR THE NINE MONTHS AND THREE MONTHS ENDED DECEMBER 31, 2003 AND 2002
                  (WITH CUMULATIVE TOTALS SINCE APRIL 1, 2003)


                                                NINE MONTHS ENDED            THREE MONTHS ENDED     totals since
                                             December 31,  December 31,  December 31  December 31   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                                    24,000           -       4,000            -      24,000
    Other expenses                                  63,432      34,070      40,661       29,320      63,432
    Professional fees                               35,000       2,197       3,250        1,500      35,000
    Contract services                                    -     189,850           -      187,850           -
    Office rent and expenses                         9,000           -       4,500            -       9,000
    Travel and meals expenses                        3,203           -            -           -       3,203
        Total Operating Expenses                   134,635     226,117      52,411      218,670     134,635

NET LOSS BEFORE OTHER INCOME                      (134,635)   (226,117)    (52,411)    (218,670)  (134,635)

OTHER INCOME
    Forgiveness of debt                                  -     118,670           -            -           -
        Total Other Income                               -     118,670           -            -           -

NET LOSS BEFORE
  PROVISION FOR INCOME TAXES                      (134,635)   (107,447)    (52,411)    (218,670)   (134,635)
Provision for Income Taxes                               -            -            -          -           -

NET LOSS APPLICABLE
  TO COMMON SHARES                              $ (134,635) $ (107,447)  $ (52,411)  $(218,670)   $(134,635)
                                                 =========  ==========   =========   ==========   =========
NET CHANGE IN ASSETS FROM
  OPERATIONS PER BASIC AND
  DILUTED SHARES                                  $  (0.02)   $  (0.01)    $ (0.01)   $ ( 0.01)     $ (0.02)
                                                 =========  ==========   =========   ==========   =========
WEIGHTED AVERAGE NUMBER
  OF COMMON SHARES OUTSTANDING                   6,428,967  30,713,958   9,841,533   30,718,958   6,428,967
                                                 =========  ==========   =========   ==========   =========
</TABLE>




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


                                       4
<PAGE>

<TABLE>
<CAPTION>

                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                        (A DEVELOPMENT STAGE CORPORATION)
                       CONDENSED STATEMENTS OF CASH FLOWS
              FOR THE NINE MONTHS ENDED DECEMBER 31, 2003 AND 2002
                  (WITH CUMULATIVE TOTALS SINCE APRIL 1, 2003)

                                                                                                      Cumulative
                                                                                                     Totals Since
                                                                                                        April 1, 2003
                                                              2003                 2002              (See NOTE 1)
                                                        -----------------    -----------------    --------------------
CASH FLOW FROM OPERATING EXPENSES
 <S>                                                           <C>               <C>                         <C>
   Net investment (loss)                                      $ (134,635)          $ (107,447)             $ (134,635)
                                                        -----------------    -----------------    --------------------
  Adjustments to reconcile net (loss) to net cash
  used in operating activities:
   Depreciation                                                      134                    -                     134

  Changes in assets and liabilities
    Increase in accounts payable and
      and accrued expenses                                        42,121               94,924                  42,121
    Increase in prepaid expenses and other assets                 (5,000)                   -                  (5,000)
                                                        -----------------    -----------------    --------------------
     Total adjustments                                            37,255               94,920                  37,255
                                                        -----------------    -----------------    --------------------

    Net cash used in operating activities                        (97,380)             (12,523)                (97,380)
                                                        -----------------    -----------------    --------------------

CASH FLOWS FROM INVESTING ACTIVITIES
   Acquisition of property and equipment - Net                    (4,000)                   -                  (4,000)
                                                        -----------------    -----------------    --------------------

    Net cash used in investing activities                       (101,380)                   -                (101,380)
                                                        -----------------    -----------------    --------------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Increase in  note payable                                      105,000               16,500                 105,000
                                                        -----------------    -----------------    --------------------

    Net cash provided by financing activities                    105,000               16,500                 105,000
                                                        -----------------    -----------------    --------------------

NET INCREASE  IN
    CASH AND CASH EQUIVALENTS                                      3,620                3,997                   3,620
                                                        -----------------    -----------------    --------------------

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

CASH AND CASH EQUIVALENTS -
    END OF PERIOD                                                $ 3,620              $ 3,997                 $ 3,620
                                                        =================    =================    ====================

SUPPLEMENTAL SCHEDULE OF NON-CASH
   ACTIVITY
   Stock issued for debt conversion                            $ 203,200                  $ -                     $ -
                                                        =================    =================    ====================

   Accrued payroll taxes adjustment                            $ 193,332                  $ -                     $ -
                                                        =================    =================    ====================


   The accompanying notes are an integral part of these condensed  financial statements.
</TABLE>


                                       5
<PAGE>



                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                           DECEMBER 31, 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 and in August 2003, changed its name to Atlantis
          Business Development 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 FINANCIAL STATEMENTS, CONTINUED
                           DECEMBER 31, 2003 AND 2002
                                   (UNAUDITED)

NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

          Basis of Presentation

          The accompanying condensed 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 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.

          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 December 31, 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.

          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.


                                       7
<PAGE>



                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
               NOTES TO CONDENSED FINANCIAL STATEMENTS, CONTINUED
                           DECEMBER 31, 2003 AND 2002
                                   (UNAUDITED)

NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

          Advertising Costs

          The Company's expenses the costs associated with advertising as
          incurred. The Company had $1,452 and zero advertising costs for the
          nine months ended December 31, 2003 and 2002, respectively.

          Reclassifications

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

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-  LONG TERM DEBT- ADVANCES

          The advances represent notes that are due with no specific repayment
          terms.

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.

          The Company issued 20,000,000 shares of stock to convert $203,200 of
          payables that existed from the prior owners. The amount retired was
          agreed upon contractually.

NOTE 6-  PROVISION FOR INCOME TAXES

          The Company did not provide for in come taxes in the nine months ended
          December 31, 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.


                                       8
<PAGE>


                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
                         (FORMERLY MEDPLUS CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)
               NOTES TO CONDENSED FINANCIAL STATEMENTS, CONTINUED
                           DECEMBER 31, 2003 AND 2002
                                   (UNAUDITED)

NOTE 6-  PROVISION FOR INCOME TAXES(CONTINUED)

          At December 31, 2003, the deferred tax assets consists of the
          following:



                                                                    2003
                                                               ----------------

Deferred taxes due to net operating loss
carryforwards                                                        $ 263,250

Less:  Valuation allowance                                            (263,250)
                                                               ----------------

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



                                       9
<PAGE>


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

LIQUIDITY AND CAPITAL RESOURCES

At December 31, 2003 the Company had working capital of ($319,467) compared to
working capital of ($299,700) at March 31, 2003 (as restated). The working
capital decrease was due to the Company's increased accounts payable and accrued
expenses. The Company's current liabilities are higher than its assets due
primarily to the deferred tax liability and notes payable.

The Company's liquidity position is severely strained. Liquidity needs are
currently being met from long-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 nine month period ended
December 31, 2003. Similarly there was zero revenue for the nine month period
ended December 31, 2002.

There was $134,635 Operational Expenses for operations for the nine month period
ended December 31, 2003 compared to $226,117 operation expenses for the nine
month period ended December 31, 2002. This decrease in operational expense is
attributable to the company issuing stock for the forgiveness in debt for the
nine month period ended December 31, 2002.

There were no Sales and Marketing expenses for operations for the nine month
period ended December 31, 2003.



                                       10
<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

         None


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

         6.1   Effective December 15, 2003 Brian Zucker resigned as
               President and Chief Executive Officer of the registrant. The
               Board of Directors of the Company appointed John Leo to fill this
               position., as filed on Form 8K on December 17, 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:  December 12, 2003                                       \By\John Leo
                                                               -----------------
                                                               John Leo
                                                               President

Date:  December 12, 2003                                       \By\Tim DeHerrera
                                                               -----------------
                                                               Tim DeHerrera
                                                               Treasurer


                                       11
<PAGE>

                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
               ---------------------------------------------------
               CERTIFICATION PURSUANT TO RULE 13A-14 AND 15D-14 OF
                     THE SECURITIES AND EXCHANGE ACT OF 1934

I John Leo, President, certify that:

(1)  I have reviewed this quarterly report on form 10-QSB of Atlantis Business
     Development Corporation (the "registrant");

(2)  Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to sate a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

(3)  Based on my knowledge, the financial statements and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

(4)  The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     a)   Designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this quarterly
          report is being prepared;

     b)   Evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     c)   Presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

(5)  The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function):

     a)   All significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls: and

     b)   Any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

(6)  The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

Date: December 12, 2003                              \By\ John Leo
                                                     ----------------------
                                                     John Leo
                                                     President



                                       12
<PAGE>

                    ATLANTIS BUSINESS DEVELOPMENT CORPORATION
               ---------------------------------------------------

               CERTIFICATION PURSUANT TO RULE 13A-14 AND 15D-14 OF
                     THE SECURITIES AND EXCHANGE ACT OF 1934

I, Tim DeHerrera, Treasurer, certify that:

(1)  I have reviewed this quarterly report on form 10-QSB of Atlantis Business
     development Corporation (the "registrant");

(2)  Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to sate a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

(3)  Based on my knowledge, the financial statements and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

(4)  The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     a)   Designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this quarterly
          report is being prepared;

     b)   Evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     c)   Presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

(5)  The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function):

     a)   all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls: and

     b)   any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

(6)  The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

Date: December 12, 2003                                    \By\ Tim DeHerrera
                                                            -------------------
                                                           Tim DeHerrera
                                                           Treasurer


                                       13
<PAGE>

                            CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Atlantis Business Development
Corporation (the "Company") on Form 10-QSB for the quarter ended December 31,
2003 as filed with the Securities and Exchange Commission on the date hereof
(the "Report"), I John Leo, Chief Executive Officer of the Company, certify,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, to the best of my knowledge, that:

(1)  The Report fully complies with the requirements of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934, as amended; and

(2)  The information contained in the report fairly presents, in all material
     respects, the financial condition and results of operations of the Company.

By: /s/ John Leo
   ---------------------
         John Leo
         President
         December 12, 2003


                            CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Atlantis Business Development
Corporation (the "Company") on Form 10-QSB for the quarter ended December 31,
2003 as filed with the Securities and Exchange Commission on the date hereof
(the "Report"), I Tim DeHerrera, Treasurer of the Company, certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, to the best of my knowledge, that:

(3)  The Report fully complies with the requirements of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934, as amended; and

(4)  The information contained in the report fairly presents, in all material
     respects, the financial condition and results of operations of the Company.


By: /s/ Tim  DeHerrera
    -------------------
         Tim DeHerrera
         Treasurer
         December 12, 2003

                                       14
<PAGE>