# U.S.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

# FORM 10-QSB

| | [ X ] | QUARTERLY REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | ----- | ---------------------------------------------------------------------------------------

For
the quarterly period ended June 30, 2003

| | [     ] | TRANSITION REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | ------- | ----------------------------------------------------------------------------------------

For the transition period from

Commission File No. 0-15303

ABSS, CORP.(Exact name of small business issuer as specified in its charter)

|Delaware                        | 73-1215433         
|------------------------------- | -------------------
|(State or other jurisdiction of | (I.R.S. Employer   
|incorporation or organization)  | Identification No.)

385 Freeport, #1,
Sparks, Nevada   89431
(Address of Principal Executive Offices)

(917)981-4569
(Issuer's telephone number)

PO Box 723244
Atlanta, Georgia  31139
(Former name, address and 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 [X]   No [  ]

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

As of August 12, 2003,
5,717,043 shares of common stock were outstanding.

Transitional Small Business
Disclosure Format (Check one): Yes( ) No (X)

---

ABSS, CORP.
TABLE OF CONTENTS

PART 1.     FINANCIAL
INFORMATION

| |                                                                                                                                    |                                                                      | Page
| | ---------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------- | ----
| |                                                                                                                                    |                                                                      |     
| | Item 1.   
Financial Statements                                                                                                    |                                                                      |     
| |                                                                                                                                    |                                                                      |     
| | Condensed
Consolidated Balance Sheets - June 30, 2003 and December 31, 2002                                                        | .................................................................... | 4   
| |                                                                                                                                    |                                                                      |     
| | Condensed
Consolidated Statements of Operations and Comprehensive Income for the Six
and Three Months Ended June 30, 2003 and 2002 | .................................................................... | 5   
| |                                                                                                                                    |                                                                      |     
| | Condensed
Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2003 and 2002                                    | .................................................................... | 6   
| |                                                                                                                                    |                                                                      |     
| | Notes to the
Condensed Consolidated Financial Statements                                                                           | .................................................................... | 7   
| |                                                                                                                                    |                                                                      |     
| | Item 2.   
Managment's Discussion and Analysis or Plan of Operation                                                                | .................................................................... | 7   
| |                                                                                                                                    |                                                                      |     
| | Item 3.   
Controls and Procedures                                                                                                 | .................................................................... | 8   

PART II -     OTHER
INFORMATION

| | Item 1.   
Legal Proceedings                         | .................................................................... | 8 
| | ---------------------------------------------------- | -------------------------------------------------------------------- | --
| | Item 2.   
Changes in Securities and Use of Proceeds | .................................................................... | 9 
| | Item 3.   
Defaults upon Senior Securities           | .................................................................... | 9 
| | Item 6.   
Exhibits and Reports on Form 8-K          | .................................................................... | 10
| |                                                      |                                                                      |   
| | Certification                                        | .................................................................... | 19

---

# PART I -
FINANCIAL INFORMATION

# Item 1.   
Financial Statements

As used herein, the term
"Company" refers to ABSS, Corp, a Delaware corporation, and its subsidiaries and
predecessors unless otherwise indicated. Unaudited, consolidated condensed
interim financial statements including a balance sheet for the Company as of the
quarter ended June 30, 2003 and statements of operations, and statements of cash
flows for the interim period up to the date of such balance sheet and the
comparable period of the preceding year are attached hereto as Pages F-1 through
F-5 and are incorporated herein by this reference.

BASIS OF PRESENTATION

The accompanying unaudited
financial statements are presented in accordance with accounting principles
generally accepted in the United States of America for interim financial
information and the instructions for Form 10-QSB and Item 310 under subpart A of
Regulation S-B. Accordingly, they do not include all of the information and
footnotes required by accounting principles generally accepted in the United
States of America for complete financial statements. The accompanying statements
should be read in conjunction with the audited financial statements for the
years ended December 31, 2002 and December 31, 2001. In the opinion of
management, all adjustments (consisting only of normal occurring accruals)
considered necessary in order to make the financial statements not misleading
have been included. Operating results for the quarter ended June 30, 2003 are
not necessarily indicative of results that may be expected for the year ended
December 31, 2003. The financial statements are presented on the accrual
basis.

As used herein, the term
"Company" refers to ABSS, Corp, a Delaware corporation, and its subsidiaries and
predecessors unless otherwise indicated. Unaudited, consolidated condensed
interim financial statements including a balance sheet for the Company as of the
quarter ended June 30, 2003 and statements of operations, and statements of cash
flows for the interim period up to the date of such balance sheet and the
comparable period of the preceding year are attached hereto as Pages 4 through 8
and are incorporated herein by this reference.

---

ABSS, CORP.
AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS
June 30, 2003 and December 31, 2002

| | June 30
2003(Unaudited) | December 31,
2002(Audited)
| | ----------------------- | --------------------------

ASSETS

|Current Assets            |   |   |   |  
|------------------------- | - | - | - | -
|Cash and cash equivalents | $ | - | $ | -
|Total Current Assets      |   | - |   | -
|Total Assets              | $ | - | $ | -

LIABILITIES AND STOCK HOLDERS' EQUITY (DEFICIT)

|Current Liabilities                                  |   |             |   |            
|---------------------------------------------------- | - | ----------- | - | -----------
|Accounts payable and accrued liabilities             | $ | 128,025     | $ | 132,463    
|Shareholder loans                                    |   | -           |   | 113,794    
|Accrual for judgments, litigation and contingencies  |   | 1,200,000   |   | 1,200,000  
|Total Current Liabilities                            |   | 1,328,025   |   | 1,446,257  
|Stockholders' Equity (Deficit)                       |   |             |   |            
|Preferred stock, Series A, C and Redeemable          |   |             |   |            
|All recalled and retired                             |   | -           |   | -          
|Common stock, $.001 par value, 100,000,000           |   |             |   |            
|authorized, 5,717,043 shares issued and outstanding  |   | 5,717       |   | 5,717      
|Additional paid-in capital                           |   | 8,191,141   |   | 8,191,141  
|Retain earnings (deficit)                            |   | (9,524,883) |   | (9,643,115)
|Total Stockholders' Equity (Deficit)                 |   | (1,328,025) |   | (1,446,257)
|Total Liabilities and Stockholders' Equity (Deficit) | $ | -           | $ | -          

---

ABSS, CORP.
AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Six Months Ended June 30, 2003 and 2002 and Three Months Ended
June 30, 2003 and 2002

| | Six Months
EndedJune 30,2003(Unaudited) | Six Months
EndedJune 30,2002(Unaudited) | Three Months
EndedJune 30,2003(Unaudited) | Three Months
EndedJune 30,2002(Unaudited)
| | --------------------------------------- | --------------------------------------- | ----------------------------------------- | -----------------------------------------

|REVENUES                                  | $ | -         | $ | -         | $ | -         | $ | -        
|----------------------------------------- | - | --------- | - | --------- | - | --------- | - | ---------
|COST OF SALES                             | $ | -         | $ | -         | $ | -         | $ | -        
|Gross profit                              | $ | -         | $ | -         | $ | -         | $ | -        
|COSTS AND EXPENSES                        |   |           |   |           |   |           |   |          
|Depreciation and amortization             |   | -         |   | 1,713     |   | -         |   | 1,713    
|General and administrative                |   | 23,000    |   | 152,281   |   | 15,000    |   | 134,548  
|Total costs and expenses                  |   | 23,000    |   | 153,994   |   | 15,000    |   | 136,261  
|INCOME(LOSS) FROM OPERATIONS              |   | (23,000)  |   | (153,994) |   | (15,000)  |   | (136,261)
|OTHER INCOME(EXPENSE)                     |   |           |   |           |   |           |   |          
|Debt forgiveness                          |   | 141,232   |   | -         |   | -         |   | -        
|Total other income(expense)               |   | 141,232   |   | -         |   | -         |   | -        
|INCOME(LOSS) BEFORE INCOME TAXES          |   | 118,232   |   | (153,994) |   | (15,000)  |   | (136,261)
|                                          |   |           |   |           |   |           |   |          
|PROVISION FOR INCOME TAXES                |   |           |   | -         |   | -         |   | -        
|NET INCOME(LOSS)                          | $ | 118,232   | $ | (153,994) | $ | (15,000)  | $ | (136,261)
|Weighted average shares outstanding       |   | 5,717,043 |   | 1,153,195 |   | 5,717,043 |   | 2,136,642
|Income/(Loss) per share-basic and diluted | $ | 0.02      | $ | (0.13)    | $ | -         | $ | (0.06)   

---

ABSS, CORP.
AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Six Months Ended June 30, 2003 and 2002

|                                                                            | Six Months
EndedJune 30,2003(Unaudited) | Six Months
EndedJune 30,2002(Unaudited)
|--------------------------------------------------------------------------- | --------------------------------------- | ---------------------------------------
|CASH FLOWS FROM OPERATING ACTIVITIES:                                       |                                         |                                        
|Net Income (loss)                                                           | $                                       | 118,232                                
|Adjustments to reconcile net loss to net cash used in operating activities: |                                         |                                        
|Depreciation and amortization                                               |                                         | -                                      
|Common stock issued for services                                            |                                         | -                                      
|Cancellation of debt                                                        |                                         | (141,232)                              
|Changes in assets and liabilities:                                          |                                         |                                        
|Increase in accounts payable and accrued expenses                           |                                         | 23,000                                 
|CASH FLOWS FROM OPERATING ACTIVITIES:                                       |                                         |                                        
|Net cash used in operating activities                                       |                                         | -                                      
|CASH FLOWS FROM INVESTING ACTIVITIES:                                       |                                         |                                        
|Net cash used in investing activities                                       |                                         | -                                      
|CASH FLOWS FROM FINANCING ACTIVITIES:                                       |                                         |                                        
|Net cash provided by financing activities                                   |                                         | -                                      
|Net increase (decrease) in Cash                                             |                                         | -                                      
|                                                                            |                                         |                                        
|CASH AT BEGINNING PERIOD                                                    |                                         |                                        
|                                                                            |                                         |                                        
|CASH AT END OF PERIOD                                                       | $                                       | -                                      
|SUPPLEMENTAL CASH FLOW INFORMATION:                                         |                                         |                                        
|                                                                            |                                         |                                        
|Debt cancellation-Accounts payable and due to shareholder                   | $                                       | 141,232                                
|Stock issued in exchange for goods and services                             | $                                       | -                                      
|Cash paid for interest                                                      | $                                       | -                                      
|Cash paid for income taxes                                                  | $                                       | -                                      

---

ABSS, CORP. AND SUBSIDIARIES
NOTES TO UNAUDITED CONSOLIDATED INTERIM
CONDENSED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED JUNE 30, 2003

NOTE 1 - BASIS OF
PRESENTATION

The interim financial
statements at June 30, 2003 and for the six and three month periods ended June
30, 2003 and 2002 are unaudited, but include all adjustments which the Company
considers necessary for a fair presentation.

The accompanying unaudited
financial statements are for the interim periods and do not include all
disclosures normally provided in annual financial statements, and should be read
in conjunction with the Company's Form 10-KSB for the year ended December 31,
2002. The accompanying unaudited interim financial statements for the six and
three month periods ended June 30, 2003 and 2002, are not necessarily indicative
of the results which can be expected for the entire year.

The preparation of
financial statements in conformity with generally accepted accounting principles
in the United States of America requires management to make estimates and
assumptions that affect the reported amounts of 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.

NOTE 2 -SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The accompanying
consolidated financial statements include the accounts of its wholly owned
subsidiaries. All inter-company balances and transactions have been eliminated.

---

Item
2:      Management's Discussion and Analysis of
Financial Conditions and Results of Operations:

LIQUIDITY

During the three months
ended June 30, 2003, the Company's working capital decreased. This was due to
administrative and financing costs incurred as carrying costs of the Company's
assets and to maintain its operations. The Company does not currently have
sufficient capital in its accounts, nor sufficient firm commitments for capital
to assure its ability to meet its current obligations or to continue its planned
operations. The Company is continuing to pursue working capital and additional
revenue through the seeking of the capital it needs to carry on its planned
operations. There is no assurance that any of the planned activities will be
successful.

CAPITAL RESOURCES

As a result of its limited
liquidity, the Company has limited access to additional capital resources. The
Company does not have the capital to totally fund the obligations that have
matured to any of its vendors and shareholders. The shareholders have agreed to
roll over any existing loans until the company has stronger
liquidity.

The Company has received
additional capital through the expansion of vendor financing and loans from its
directors and shareholders during previous quarters and expects such financing
will be its only source of capital in the near future.

Though the obtaining of the
additional capital is not guaranteed, the management of the Company believes it
will be able to obtain the capital required to meet its current obligations and
actively pursue its planned business activities.

OPERATIONS

The previous operations of
the Company were ceased. Until the Company obtains the capital required to
developed any properties or businesses and obtains the revenues needed from its
future operations to meet its obligations, the Company will be dependent upon
sources other than operating revenues to meet its operating and capital needs.
Operating revenues may never satisfy these needs.

Until the capital is
obtained to enter into its planned operations discussed above, the Company will
need additional capital.

---

## Item
3.      Controls and Procedures

Based on the evaluation by
Mr. Lew, the chief financial officer of the company, the effectiveness of the
company's disclosure controls and procedures conducted as of a date within 90
days of the filing date of this quarterly report, Mr. Lew concluded that, as of
the evaluation date, (i) there were no significant deficiencies or material
weaknesses of the company's disclosure controls and procedures, (ii) there were
no significant changes in the internal controls or in other factors that could
significantly affect internal controls subsequent to the evaluation date, and
(iii) no corrective actions were required to be taken.

The Company had no revenue
during the first two quarters of 2003. Due to general market conditions and
difficulties to obtain necessary funding needed to execute its fashion related
business plan, the Company decided on or about March 10, 2003 not to continue
with its pending acquisition of Sheila Allen-Styles. The Company has ceaseded
its operations and is currently pursuing new business combinations.

---

# PART II

# OTHER
INFORMATION

## Item 1.   
Legal Proceedings

The Company was sued in
connection with its acquisition of Silver Valley Energy (SVE) and in
October 2000,  a default judgment was enter against us in the amount of
$960,000. This liability has subsequently been purchased by Communications
Holding Corp. To date we are attempting to negotiate a settlement with
Communications Holding Corp. for a note payable and restricted stock. We believe
that we will be able to settle this matter shortly.

The former Chief Executive
Officer of BidInvite, Inc has sued the Company. The lawsuit was filed in the
Superior Court of the State of Delaware, Sussex County, entitled "David Venables
v Unico, Inc. and BidInvite.com, Inc., Case No OOC-11-015 THG." The case is a
claim for unpaid wages and breach of contract. On December 12, 2000 Venables
obtained a judgment by default (for failure to respond to the Complaint) against
Unico,Inc. and BidInvite. The amount of the judgment is $1,360,000. Currently we
are negotiating with a third party who has purchased such debt and we believe we
will be able to reach a settlement of this matter.

Management estimates that
the costs to settle these judgments and lawsuits for the Company should not
exceed an aggregate of $1,200,000. Accordingly, the accrual for litigation and
judgments is recognized in the financial statements at $1,200,000.

## Item 2.   
Change of Securities

No changes in securities
have occurred since the Company's last report as of June 30, 2003.

## Item 3.   
Defaults Upon Senior Securities.

No changes in securities
have occurred since the Company's last report as of June 30, 2003.

## 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.

None

---

## 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 in its behalf by the
undersigned , thereunto duly authorized, on August 12, 2003.

| | ABSS, Corp.
Registrant                       
| | ---------------------------------------------
| |                                              
| | By:  
/s/   Alan Lew
Alan LewDirector and CEO
| |                                              

---

# ABSS, CORP.
CERTIFICATION  OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER
PURSUANT TO
18 USC SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE
SARBANES-OXLEY ACT OF 2002

CERTIFICATION

I, Alan Lew certify that:

|1. | I have reviewed this quarterly report on Form 10-QSB of ABSS, Corp.;
|-- | --------------------------------------------------------------------

|2. | Based on my knowledge, the quarterly report does not contain any untrue statement
of a material fact or omit to state 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 the 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 have:
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | a) | designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries, if any,
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 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
functions):
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 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 weakness 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.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Dated:     August 12, 2003

|/s/    Alan Lew
Alan Lew
Chief Executive Officer, Chief Financial Officer and President
|---------------------------------------------------------------------------------------