U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB


Quarterly Report Under Section 13 or 15(d) of the Securities Exchange Act of
1934 for the Quarterly Period Ended July 31, 2000.

Commission file number 0-12169

                       SOLAR SATELLITE COMMUNICATION, INC.
                       -----------------------------------
        (Exact name of small business issuer as specified in its charter)

           Colorado                                              84-0907644
           --------                                              ----------
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

   630 South Syracuse Way, Suite 293,
         Englewood, Colorado                                        80111
         -------------------                                        -----
(Address of principal executive offices)                          (Zip Code)

                                 (720) 529-5518
                                 --------------
                           (Issuer's telephone number)

                                 Not applicable
                                 --------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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 __  No X

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.

     As of September 12, 2000, 7,505,801 shares of common stock, $.001 par
value, were outstanding.


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                                      INDEX


PART I FINACNIAL INFORMATION ...............................................   1

   Item 1. Financial Statements ............................................   1

   Item 2. Plan of Operation ...............................................   5

PART II--OTHER INFORMATION .................................................   6

   Item 1. Legal Proceedings ...............................................   6

   Item 2. Change in Securities ............................................   6

   Item 3. Defaults Upon Senior Securities .................................   6

   Item 4. Submission of Matter to a Vote of Security Holders ..............   6

   Item 5. Other Information ...............................................   6

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




     *The accompanying financial statements are not covered by an Independent
Certified Public Accountant's report.


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                            PART I FINACNIAL INFORMATION

Item 1. Financial Statements
----------------------------


                         SOLAR SATELLITE COMMUNICATION, INC.
                                    BALANCE SHEET

                                       ASSETS
                                       ------

                                                           July 31,      October 31,
                                                             2000           1999
                                                          -----------    -----------
                                                          (Unaudited)
<S>                                                       <C>            <C>
CURRENT ASSETS:
     Cash and cash equivalents                            $   888,234    $   660,143
     Amount due from directors                                   --          292,166
     Accrued interest receivable, directors                      --              360
                                                          -----------    -----------

                                                          $   888,234    $   952,669
                                                          ===========    ===========


                        LIABILITIES AND STOCKHOLDERS' EQUITY
                        ------------------------------------


                        LIABILITIES                       $      --      $      --
                                                          -----------    -----------

               COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY:
     Preferred stock, $.001 par value, 1,000,000 shares
        authorized, none issued or outstanding                   --             --
     Common stock, $.001 par value, 25,000,000 shares
        authorized; 7,505,801 shares issued and
        outstanding                                             7,506          7,506
     Additional paid-in capital                             2,775,986      2,775,986
     Accumulated (deficit)                                 (1,895,258)    (1,830,823)
                                                          -----------    -----------

                  Total Stockholders' Equity                  888,234        952,669
                                                          -----------    -----------

                                                          $   888,234    $   952,669
                                                          ===========    ===========


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       1
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                                     SOLAR SATELLITE COMMUNICATION, INC.
                                           STATEMENT OF OPERATIONS
                                                 (Unaudited)


                                            For the             For the             For the             For the
                                          Three Months        Three Months        Nine Months         Nine Months
                                         Ended July 31,      Ended July 31,      Ended July 31,      Ended July 31,
                                              2000                1999                2000                1999
                                         --------------      --------------      -------------       -------------
<S>                                       <C>                 <C>                 <C>                 <C>
                 REVENUES:
   Realized gain on sale of marketable
      securities                          $      --           $      --           $      --           $   406,244
   Interest and dividend income                11,583               7,160              26,966              16,944
   Interest income, directors                    --                 6,457               5,924              10,827
                                          -----------         -----------         -----------         -----------

         Total Revenues                        11,583              13,617              32,890             434,015
                                          -----------         -----------         -----------         -----------


COSTS AND EXPENSES:
   General and administrative                  20,449              13,946              97,325              78,417
                                          -----------         -----------         -----------         -----------

         Total Expenses                        20,449              13,946              97,325              78,417
                                          -----------         -----------         -----------         -----------


INCOME BEFORE INCOME TAX
   PROVISION                                   (8,866)               (329)            (64,435)            355,598


INCOME TAX PROVISION                             --                  --                  --               207,000
                                          -----------         -----------         -----------         -----------


                 NET INCOME               $    (8,866)        $      (329)        $   (64,435)        $   148,598
                                          ===========         ===========         ===========         ===========


NET INCOME PER COMMON SHARE
   BASIC AND DILUTED                      $      *            $      *            $      *            $       .02
                                          ===========         ===========         ===========         ===========


WEIGHTED AVERAGE NUMBER OF
   COMMON SHARES OUTSTANDING                7,505,801           7,505,801           7,505,801           7,505,801
                                          ===========         ===========         ===========         ===========

*Less than $(.01) per share


                               SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                                      2
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                          SOLAR SATELLITE COMMUNICATION, INC.
                               STATEMENTS OF CASH FLOWS
                                      (Unaudited)

                                                         For the Nine Months Ended July 31,
                                                         ----------------------------------
                                                                  2000        1999
                                                               ---------    ---------
<S>                                                            <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
                      Net income                               $ (64,435)   $ 148,598
     Adjustments to reconcile net income to net cash
         provided by operating activities:
         Proceeds from sales of marketable securities               --        996,618
         Realized gain on marketable securities                     --       (406,244)
         Deferred taxes                                             --        207,000
         (Increase) decrease in amount due from directors        292,166     (558,963)
         (Increase) decrease in accrued interest receivable,
             directors                                               360       (5,633)
                                                               ---------    ---------

                  Net Cash Provided by Operating Activities      228,091      381,376
                                                               ---------    ---------


            CASH FLOWS FROM INVESTING ACTIVITIES                    --           --
                                                               ---------    ---------


            CASH FLOWS FROM FINANCING ACTIVITIES                    --           --
                                                               ---------    ---------


       NET INCREASE IN CASH AND CASH EQUIVALENTS                 228,091      381,376


CASH AND CASH EQUIVALENTS, beginning of period                   660,143        5,346
                                                               ---------    ---------

CASH AND CASH EQUIVALENTS, end of period                       $ 888,234    $ 386,722
                                                               =========    =========







                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                       3
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                       SOLAR SATELLITE COMMUNICATION, INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited financial statements include the accounts of Solar
Satellite Communication, Inc. (the "Company"). The financial statements have
been prepared in accordance with generally accepted accounting principles for
interim financial information. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting principles.

In the opinion of management, the unaudited interim financial statements for the
period ended July 31, 2000 are presented on a basis consistent with the audited
financial statements and reflect all adjustments, consisting only of normal
recurring accruals, necessary for fair presentation of the results of such
period.

The results for the three and nine months ended July 31, 2000 are not
necessarily indicative of the results of operations for the full year. These
financial statements and related footnotes should be read in conjunction with
the financial statements and footnotes thereto included in the Company's
financial statements of the period ended October 31, 1999.

NOTE 2 - RELATED PARTY TRANSACTIONS

The Company paid $57,022 and $53,271 of professional fees during the nine months
ended July 31, 1999 and 2000, respectively to Belaire Business Group, a
partnership whose partners are members of Satellite Investment Group, LLC, and
directors and management of the Company.

The Company paid $5,610 and $300 during the nine months ended July 31, 1999 and
2000, respectively, of legal fees to a law firm, whose principal is a member of
Satellite Investment Group, LLC, and is a director and manager of the Company.

During 1999 the Company purchased and held certain securities. Subsequently, the
Company entered into a Recission and Reimbursement Agreement with its directors
to revoke and rescind ab initio the Company's acquisition of such securities and
to provide for the restoration by the directors of the Company to a position no
less favorable than they would have been as of the date of reimbursement if the
securities had not been purchased. The reimbursable costs of the securities were
recorded on the Company's financial statements as amount due from directors.
Interest is being accrued at the rate of 4.5% at October 31, 1999. All dividends
and interest paid with respect to the securities and proceeds from all sales of
the securities have been used to reduce the outstanding balance of principal and
accrued interest on the amount due from directors. The remaining balance of the
amount due from directors was repaid April 30, 2000.




                                       4
<PAGE>


Item 2. Plan of Operation/ Liquidity and Capital Resources
----------------------------------------------------------

(a) Plan of Operation

The Company's plan of operation is to seek out, investigate, and pursue a
merger, acquisition, or other business combination with an entity desiring the
perceived benefits offered by the Company as a result of its having a class of
securities registered under the Exchange Act. There have been no revenues from
operations since formation, and none are anticipated prior to completing a
business combination. The Company continues to have no full time employees, no
rent expenses, and no recurring operational expenses other than professional
fees incurred as necessary. The Company's president continues to devote
approximately twenty (20) hours per month to the affairs of the Company. The
Company does not anticipate raising any additional funds in the next twelve (12)
months, and has no present plans to acquire any assets or make any investments
prior to completing a business combination.

To date, the Company has not identified a suitable target entity for any type of
business combination, and management has no particular type of merger,
acquisition, or business opportunity in mind. No restrictions have been placed
on management's discretion to seek out and participate in an appropriate
business opportunity. Due to limited financial resources it is anticipated that
only a single potential business venture will be pursued.

Selection of an appropriate business opportunity is complex and risky due to the
Company's limited financial resources, the speculative nature of operations,
management's limited time commitment to the Company, management's potential
conflicts of interest, the burdens of being a reporting company, lack of market
research, and competition in the marketplace. The Company's success is dependent
upon locating and consummating a business combination, and there are no
assurances that this will occur.

(b) Liquidity and Capital Resources

     At July 31, 2000, the Company had cash and cash equivalents of $884,234 an
increase of $228,091 from the Company's October 31, 1999 year end. This increase
is primarily a result of cash generated by the final payment of the amount due
from directors which was paid on April 30, 2000. While the Company has no
foreseeable capital commitments, it also has no present expectations of
generating any cash flow from operations until such time as it may successfully
complete the acquisition of a business, operations or assets of an operating
entity. At the present time, management has no plans to raise additional funds
through borrowings or the issuance of debt or equity.

     We believe that our current cash and cash equivalents and the additional
funds generated by the payment of the amount due from directors will satisfy our
expected working capital requirement through at least fiscal year 2000.


                                       5
<PAGE>


                           Part II--OTHER INFORMATION

Items 1. Legal Proceedings
         None

Item 2. Change in Securities
         None

Item 3. Defaults Upon Senior Securities
         None

Item 4. Submission of Matter to a Vote of Security Holders
         None

Item 5. Other Information
         None

Item 6. Exhibits and Reports on Form 8-K

        (a)  Exhibits

             27   Financial Data Schedule

        (b)  Reports on Form 8-K
              None


                                       6
<PAGE>


                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                             Solar Satellite Communication, Inc.


Date: September 12, 2000                     By:/s/ Robert Guerra
                                             --------------------
                                             Robert Guerra, President and
                                             Chief Accounting Officer








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