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 Quarter Ended March 31, 2000                  Commission File No.    0-15148


                             NEWBRIDGE CAPITAL, INC.
                     (Formerly Scientific NRG, Incorporated)
             (Exact name of registrant as specified in its charter)

           Nevada                                     33-0877143
(State or other jurisdiction             (I.R.S. Employer Identification Number)
of incorporation or organization)


 4695 MacArthur Court, Suite 530, Newport Beach, CA                92660
      (Address of principal executive offices)                   (Zip Code)

                                 (949) 833-2094
              (Registrant's telephone number, including area code)

                          Scientific NRG, Incorporated
                   (Former Name, 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 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


                      APPLICABLE ONLY TO CORPORATE ISSUERS:


     As of April 30, 2000,  there were 3,202,390  shares of the  Registrant's no
par value common stock issued and outstanding.


<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)
                                      INDEX



                                                                           Page
PART I

Item 1.   Financial Statements

          Balance Sheet - March 31, 2000.................................... 1

          Statements of Operations - Nine Months and
             Three Months Ended March 31, 2000 and 1999..................... 2

          Statements of Cash Flows - Nine Months Ended
             March 31, 2000 and 1999........................................ 3

          Notes to Financial Statements..................................... 4


Item 2.   Management's Discussion and Analysis of

          Financial Condition and Results of Operations..................... 7



PART II

Item 1.   Legal Proceedings................................................. 8

Item 2.   Changes In Securities............................................. 8

Item 3.   Defaults Upon Senior Securities................................... 8

Item 4.   Submission of Matters to a Vote of Security Holders............... 8

Item 5.   Other Information................................................. 8

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

          Signatures........................................................ 9



<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)
                                  Balance Sheet
                        As of March 31, 2000 (Unaudited)


ASSETS
<TABLE>
<CAPTION>
<S>                                                      <C>
Current assets:
   Cash                                                  $   1,374,054
   Receivables from affiliates                                 270,296
   Other current assets                                            800

         Total current assets                                1,645,150

Investments, at cost                                         1,073,762
Equity Investment in Convertible
   Preferred Stock, at cost                                  8,000,000
Property and equipment, net                                     31,363


                                                         $  10,750,275

   LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
   Accounts payable                                      $     113,080
   Income taxes payable                                        164,767

         Total current liabilities                             277,847

Commitments and contingencies

Stockholders' equity:
   Common stock, $.001 par value; 75,000,000
      shares authorized; 3,202,290 shares
         issued and outstanding                                  3,202
    Preferred stock, $.001 par value; 25,000,000
         shares authorized; none issued and outstanding              -
    Additional paid-in capital                              14,107,216
    Accumulated deficit                                     (3,637,990)
         Total stockholders' equity                         10,472,428

                                                         $  10,750,275
</TABLE>


              See accompanying notes to these financial statements

                                        1
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)
                            Statements of Operations
                   For the Nine Months and Three Months Ended
                             March 31, 2000 and 1999
<TABLE>
<CAPTION>
                                              For the Three Months            For the Nine Months
                                                 Ended March 31,                 Ended March 31,
                                               2000           1999            2000           1999
<S>                                         <C>           <C>              <C>            <C>
                                            (Unaudited)    (Unaudited)     (Unaudited)    (Unaudited)
Net Sales                                   $         -   $          -     $         -    $         -
Cost of Sales                                         -              -               -              -
Gross Profit                                          -              -               -              -
Selling, general and administrative
  expenses                                      150,978         34,363         330,971        136,586
         Total operating expenses               150,978         34,363         330,971        136,586
Other (income):
  Gain of sale of marketable securities               -              -        (868,003)             -
  Interest Income                                (9,082)             -         (12,192)             -
         Total other (income)                    (9,082)             -        (880,195)             -
Income (loss) before income taxes              (141,896)       (34,363)        549,224        136,586
Income tax provision                            (42,569)           200         164,767            600
Income (loss) from continuing
  operations                                    (99,327)       (34,563)        384,457       (135,986)
Income from discontinued operations                   -         38,636               -        143,173
Net income (loss)                           $   (99,327)  $      4,073     $   384,457    $     7,187

Basic and diluted income (loss) per
  share:
  Income (loss) from continuing
     operations                             $      (.03)  $       (.06)    $       .11    $     (.24)
  Income (loss) from discontinued
     operations                                       -            .07             .11           .25
Net income (loss)                           $      (.03)  $        .01     $       .11    $      .01
Weighted common shares outstanding            3,202,390        558,676       3,202,390       558,616
</TABLE>


              See accompanying notes to these financial statements

                                        2
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                            Statements of Cash Flows
          For the Nine Months Ended March 31, 2000 and 1999 (Unaudited)
<TABLE>
<CAPTION>

                                                               Nine Months
                                                             Ended March 31,
<S>                                                   <C>                <C>
                                                           2000               1999
                                                      -------------      --------------

Cash flows from operating activities:
   Net Income (loss)                                  $     384,457      $        7,187
   Adjustments to reconcile net loss to net cash
      Provided by operating activities:
      Gain on sale of marketable securities                (868,003)                  -
      Depreciation                                                -               1,300
      Common stock issued for services rendered              18,000              95,299
      Changes in operating assets and liabilities:
        (Increase) in inventories                                 -             (12,800)
        (Increase) decrease in other assets                  27,801              (4,423)
        Increase (decrease) in accounts payable and
            accrued expenses                                204,553             (84,507)
        Increase (decrease) in other  liabilities           (27,788)                  -

   Net cash provided by (used in) operating activities     (260,980)             (2,056)

Cash flows from investing activities:
   Proceeds from the sale of marketable securities        1,296,060                   -
   Investment in Atlantic Pacific                           (90,589)                  -
   Payments and exchange of Notes Receivable                420,904                   -

Net cash provided by investing activities                 1,633,375                   -

Net increase (decrease) in cash                           1,372,395               2,056

Cash at beginning of period                                   1,659              14,367

Cash at end of period                                 $   1,374,054      $       16,423


</TABLE>





              See accompanying notes to these financial statements

                                        3
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                          NOTES TO FINANCIAL STATEMENTS
                           March 31, 2000 (Unaudited)


1. ORGANIZATION AND HISTORY

Business and Organization

NewBridge Capital, Inc. (the "Company") was incorporated in the state of
Minnesota in 1983 under the name of Scientific NRG, Incorporated Company
historically designed, manufactured and marketed custom energy efficient
lighting products utilizing compact fluorescent lamp technology primarily within
the United States. The principal products were energy efficient, compact
fluorescent downlight fixtures primarily for the downlight canister retrofit
market.

On August 15, 1998, the Company's Board of Directors approved the sale of the
Company's downlight business, which constitutes substantially all of the
Company's assets and operations. On June 29, 1999, the Company completed the
sale of its downlight business which included substantially all of the Company's
assets and operations.

Effective June 30, 1999, the Company consummated an asset purchase agreement
with NuVen Capital L.P. ("NuVen"), which resulted in the Company acquiring
certain assets of NuVen, in exchange for 2,234,466 shares of the Company's
common stock valued at $10,090,793, based the estimated fair value of the
underlying assets acquired. No liabilities were assumed in this transaction. The
assets obtained by the Company consisted of Series D Convertible Preferred Stock
of NuOasis Resorts, Inc. ("NuOasis") totaling $8,000,000; certain receivables,
primarily from affiliates, with a net carrying value of $403,200; marketable
securities in affiliates totaling $1,136,556; and other non-current assets
totaling $551,037. As a result of this transaction, NuVen obtained approximately
70% control of the Company. The assets acquired were accounted for at historical
basis similar to a recapitalization.

In January 1999, the Company re-incorporated through a merger with a newly
formed entity, NewBridge Capital, Inc., a Nevada corporation, thus effecting a
change in the corporate name and corporate domicile. As part of the merger, each
shareholder received one share of NewBridge Capital, Inc. common stock for every
ten shares of Scientific NRG, Incorporated common stock. Fractional shares were
paid as a whole share. All common stock has been restated to reflect the
exchange of shares.

The Company had no operations during the nine months ended March 31, 2000.
However, effective April 1, 2000 NuVen assigned to the Company all of its rights
and responsibilities pursuant to advisory agreements with various publicly held
and privately held entities. The Company will assume and perform certain
advisory services pursuant to the subject advisory agreements and, when
desirable make investments in some or all of the entities under management.



                                        4

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                 March 31, 2000


2.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Going Concern

     At March 31, 2000, the Company's operation consisted of managing certain
investments and seeking business opportunities. The Company's plan is to
liquidate or exchange its interests to acquire interests in other ventures and
new opportunities. Effective April 1, 2000, the Company will assume certain
advisory agreements from NuVen Advisors, Inc and will perform advisory services
pursuant to such agreements. Management believes that its working capital is
sufficient to meet its working capital requirements for a period of 12 months
from the balance sheet date.

Use of Estimates

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

Impairment of Long-Lived Assets

Management evaluates its assets for impairment quarterly. No impairment of its
assets was determined by management during the during the nine months ended
March 31, 2000.

Earnings (Loss) Per Common Share

Net income (loss) per common share is calculated by dividing net income (loss)
by the weighted average number of shares outstanding during the period. Common
stock equivalents had no effect on earnings per share.

Issuance of Common Stock for Services

On July 14, 1999, the Company issued 30,000 shares of common stock in connection
with a retainer agreement for legal services. The retainer agreement commenced
on July 1, 1999 and expires on June 30, 2000. Such shares were registered by
management of the Company with the Securities and Exchange Commission on a Form
S-8 registration statement.

Unaudited Interim Financial Statements

     The interim financial data as of March 31, 2000, and for the three months
and nine months ended March 31, 2000 and 1999, is unaudited; however, in the
opinion of management, the interim data includes all adjustments, consisting
only of normal recurring adjustments, necessary to present fairly the Company's
financial position as of March 31, 2000, and the results of its operations and
cash flows for the three months and nine months ended March 31, 2000 and 1999.
These financial statements and notes thereto do not reflect all disclosures
necessary for preparation under generally accepted accounting principles.  Refer
to the Company's Annual Report Form 10-KSB for the year ended June 30, 1999.

                                        5

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                 March 31, 2000


3.    MARKETABLE SECURITIES

In connection with the asset purchase agreement with NuVen, the Company obtained
shares of common stock in affiliated companies of NuVen. Each investment
represented less than 10% of the outstanding common stock of the investee and
each security was nationally quoted on the OTC: Bulletin Board of the National
Association of Securities Dealers. As such, each investment was accounted for in
accordance with the provisions of SFAS No. 115.

As of March 31, 2000, the Company sold all of the marketable securities obtained
in the assets purchase agreement with NuVen, for cash and recognized a gain on
sale of marketable securities in the amount of $868,000.

4.    RECEIVABLES FROM AFFILIATES

Receivables from affiliates represent non-interest bearing amounts in the amount
of $145,296 from certain affiliated companies.

5.    INVESTMENTS AT COST

In connection with the asset purchase agreement, the Company acquired certain
investments in affiliated companies. Included in these investments is an
investment to the clothing trademark "Yes" license. In accordance with generally
accepted accounting principles, the acquisition of the "Yes" license was
recorded at predecessor basis of $389,481. The Company also has an interest in
3.5 million shares of common stock of Yes Clothing Co., a publicly-held
California corporation ("YSCO"), valued at approximately $0.03 per share, for a
total investment at fair market value of $91,382. In February 2000, the Company
also acquired 1,277,005 shares of Preferred Stock of YSCO for $125,000. The
Company intends to carry these investments at cost due to the relatively
immaterial amount of the investment.

Included in investments at cost are investments in the common stock of Hart and
Diversified. The Company acquired 750,000 and 474,085 shares of common stock of
Hart and Diversified, respectively in connection with the NuVen asset purchase
agreement. Currently, there is no market for these shares and thus, the fair
market price per share is not readily determinable. As such, these investments
are recorded in the accompanying financial statements as of December 31, 1999 at
predecessor basis of $7,500 and $31,311 for Hart and Diversified, respectively.

In September 1999, the Company entered into an Exchange Agreement with Phileo
Management Company Inc., a publicly-held Nevada corporation ("Phileo"). Pursuant
to the agreement with Phileo, the Company exchanged the uncollected portion of
certain receivables from affiliates (described in Note 1) for a fully secured
but defaulted note receivable from an unrelated third party in the face amount
of $500,000. In October, 1999 the Company entered into




                                        6

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 1999

an Exchange Agreement with Xplorer, S.A., a publicly-held Nevada corporation
("XPLA") to exchange the subject note receivable for 1,274,960 membership units
of Atlantic Pacific Trust, LLC., owned by XPLA. Currently, there is no market
for the APT units and, accordingly the fair market price per APT unit is not
readily determinable. In result, the APT investment is recorded in the
accompanying financial statements at March 31, 2000, at the net basis of the
notes receivable exchanged for this investment of $90,589.

6.    INVESTMENT IN NuOASIS RESORTS, INC.

On June 30, 1999 in connection with the Asset Purchase Agreement with NuVen, the
Company acquired 19,200,000 shares of NuOasis Series D voting convertible
Preferred Stock (the "NuOasis D Preferred"), which has a carrying value of
$8,000,000. The Company obtained an independent appraisal of the NuOasis D
Preferred at a fair market value of approximately $10.9 million. Since the
Company is required to record the asset using the predecessor's basis, the
Company recorded the investment at $8,000,000.

In accordance with generally accepted accounting principles, the NuOasis D
Preferred is accounted for under the cost method, since the Company does not
share in the earnings and losses of NuOasis since participation in earnings and
losses is based on the shares of common stock held by a shareholder without
recognition of the type of securities of the investee which are designated as
common stock equivalents.

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

Going Concern

The Company has experienced recurring net losses and management's intent is to
continue searching for additional business opportunities. Effective April 1,
2000, the Company will assume certain advisory agreements from NuVen Advisors,
Inc and will perform advisory services pursuant to such agreements. The Company
intends to continue utilizing its asset base as a source of operating capital
while continuing to operate with minimal overhead and key administrative
functions provided by consultants who are compensated in the form of the
Company's common stock. Accordingly, the accompanying financial statements have
been presented under the assumption the Company will continue as a going
concern.

Results of Operations

Nine Months Ended March 31,2000 Compared to Nine Months Ended March 31, 1999

There were no operations during the nine months ended March 31, 2000 and as
such, there were no revenues or cost of revenues recorded during the current
nine months. In the nine months ended March 31, 1999, the Company was operating
at minimum levels and the decision was made during this period by the Board of
Directors to aggressively seek other opportunities.

General and administrative expenses was $330,971 in the current nine months
compared to $136,586 in the comparable period last year. The change is
attributable to continued services provided by professional consultants and
other advisors in seeking new business opportunities.






                                        7

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 1999

Quarter Ended March 31, 2000 Compared to Quarter Ended March 31, 1999

General and administrative expenses was $150,978 in the current quarter compared
to $34,363 in the comparable period last year. The change is attributable to
continued services provided by professional consultants and other advisors in
seeking new business opportunities.

Liquidity and Capital Resources

As of March 31, 2000, the Company had working capital of $1,520,000 an increase
of $103,000 from June 30, 1999.

The Company had cash balances of approximately $1,374,000 and $14,000 at March
31, 2000 and 1999, respectively. The increase in cash balance in 2000 is a
direct result of the Company selling certain marketable securities and
collecting the amounts due from the acquired receivables.

The Company's plan is to keep searching for additional sources of capital and
new operating opportunities. In the interim, the Company will utilize its asset
base as a source of funds to sustain operations.



                                        8

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                     (Formerly SCIENTIFIC NRG, INCORPORATED)

                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 1999

                           PART II: OTHER INFORMATION

Item 1.    Legal Proceedings

           There have been no changes since the Company's last report in Item 3,
           "Legal Proceedings", of Form 10-KSB.

Item 2.    Changes In Securities

           In January 1999, Scientific NRG Incorporated, the Minnesota
           corporation reincorporated by way of a merger with a newly formed
           entity, NewBridge Capital, Inc., a Nevada corporation, and effected a
           change in the corporate name and corporate domicile. As part of the
           merger, each shareholder received one share of NewBridge Capital,
           Inc. common stock for every ten shares of Scientific NRG,
           Incorporated common stock. Fractional shares were paid as a whole
           share. All common stock has been restated to reflect the exchange of
           shares.

Item 3.    Defaults Upon Senior Securities

           Not Applicable.

Item 4.    Submission Of Matters 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)      Form 8-K - None

                                        9
<PAGE>

                                      SIGNATURES



     Pursuant to the requirements of Section 13 or 15(d) 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.

                                      NewBridge Capital, Inc.
                                      (Formerly SCIENTIFIC NRG, INCORPORATED)
                                      (Registrant)



Date:      May 12, 2000               By:/s/  FRED G. LUKE
                                              Fred G. Luke,
                                              President




                                      By:/s/  Leonard J. Roman
                                              Leonard J. Roman
                                              Chief Financial Officer




                                       10