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

                                   Form 10-QSB

(Mark One)

[x] Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of
1934

For the quarterly period ended February 28, 1999
--------------------------------------------------------------------------------

[ ]  Transition  Report  under  Section 13 or 15(d) of the  Exchange Act For the
Transition Period from ________  to  ___________
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                         Commission File Number: 0-25247
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                            ADVANCED KNOWLEDGE, Inc.
--------------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

         Delaware                                          95-4675095
-------------------------------                     ------------------------
(State or other jurisdiction of                         (I.R.S. Employer
incorporation or organization)                         Identification No.)

                       17337 Ventura Boulevard, Suite 224
                            Encino, California 91316
--------------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (818) 784-0040
--------------------------------------------------------------------------------
                           (Issuer's telephone number)

                                       N/A
--------------------------------------------------------------------------------

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act of 1934  during  the past 12  months  (or 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]

               APPLICABLE  ONLY  TO  ISSUERS  INVOLVED  IN  BANKRUPTCY  
                    PROCEEDING  DURING  THE PRECEDING FIVE YEARS

Check whether the  Registrant  filed all  documents  and reports  required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securitie sunder a plan confirmed by a court.   

                                                              Yes [ ] No [ ]

                         APPLICABLE ONLY TO CORPORATE ISSUERS

The Registrant has 3,200,000  shares of Common stock,  par value $.001 per share
issued and outstanding as of February 28, 1999.

Traditional Small Business Disclosure Format (check one) Yes [  ] No [X]

<PAGE>
                                                                 Page
                                                                 ----
PART I.  FINANCIAL INFORMATION
                                                                             
Item 1.   Financial Statements.................................   3
          Balance Sheet (unaudited)............................   4  
          Statements of Operations (unaudited).................   5  
          Statements of Cash Flows (unaudited).................   6

Item 2.  Management's Discussion and Analysis of Plan
           of Operation........................................   8


PART II. OTHER INFORMATION

Item 1.   Legal Proceedings....................................   10

Item 2.   Changes in Securities and Use of Proceeds............   10

Item 3.   Defaults upon Senior Securities......................   10

Item 4.   Submission of Matters to a Vote
           of Security Holders.................................   10

Item 5.   Other Information.....................................  10

Item 6.   Exhibits and Reports on Form 8-K......................  10

Signatures......................................................  11



                                       2
<PAGE>


PART I. FINANCIAL INFORMATION

ITEM 1.  Financial Statements

                (Financial Statements Commence on Following Page)


ADVANCED KNOWLEDGE, INC.

BALANCE SHEETS
--------------------------------------------------------------------------------
                                          February 28,
                                              1999                 August 31,
                                           (Unaudited)               1998
ASSETS

CASH                                                                $  10,918

ACCOUNTS RECEIVABLE                        $   27,987                   6,836

VIDEO INVENTORY AND PRODUCTION COSTS           50,069                  33,285

PREPAID EXPENSES                                3,110                   2,000
                                             ---------                --------
TOTAL ASSETS                                 $ 81,166               $  53,039
                                             =========                ========

LIABILITIES AND SHAREHOLDERS' DEFICIT

LIABILITIES:
Bank overdraft                               $    612
Accrued expenses                               40,152               $  64,472
Note payable to shareholder                   142,962                  72,212
Accrued interest due to shareholder             3,659
                                              --------                -------  
Total liabilities                             187,385                 136,684
                                              --------                -------
COMMITMENTS AND CONTINGENCIES

SHAREHOLDERS' DEFICIT:
Common stock, par value - $.001,
  25,000,000 shares authorized, 3,200,000
  and 3,000,000 shares issued and
  outstanding at February 28, 1999 and
  August 31, 1998, respectively                 3,200                  3,000
Additional paid-in capital                     19,800
Accumulated deficit                          (129,219)               (86,645)
                                             ---------               --------
Total shareholders' deficit                  (106,219)               (83,645)
                                             ---------               --------
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT  $ 81,166               $ 53,039
                                             =========               ========
See accompanying notes to financial statements.

                                       3
<PAGE>
                                                                               
ADVANCED KNOWLEDGE, INC.


STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT
FOR THE THREE MONTHS AND SIX MONTHS ENDED FEBRUARY 28, 1999        

                                         Three Months              Six Months
                                             Ended                    Ended
                                          February 28,             February 28,
                                              1999                     1999
                                         -------------            -------------

REVENUES                                   $  48,897               $  87,515

COST OF SALES                                 16,463                  35,034
                                            ----------              ---------
GROSS PROFIT                                  32,434                  52,481
                                            ----------              --------- 
EXPENSES:
Selling and marketing                          7,653                  18,187
General and administrative                    12,926                  28,168
Professional fees                             18,751                  44,141
Interest expense                               2,205                   3,659
                                            ----------              --------- 
Total expenses                                41,535                  94,155
                                            ----------              ---------
LOSS BEFORE INCOME TAXES                      (9,101)                (41,674)

INCOME TAXES                                                             900
                                            ----------              ---------
NET LOSS                                   $  (9,101)                (42,574)

ACCUMULATED DEFICIT AT SEPTEMBER 1, 1998                             (86,645)
                                                                    ---------  
ACCUMULATED DEFICIT AT FEBRUARY 28, 1999                           $ 129,219
                                                                    =========

BASIC LOSS PER SHARE                       $    N/A                $    (.01)
                                             =========              ========= 
COMMON SHARES OUTSTANDING                    3,133,333              3,066,667
                                             =========              ==========  
See accompanying notes to financial statements.


                                       4
<PAGE>


ADVANCED KNOWLEDGE, INC.


STATEMENTS OF CASH FLOWS
FOR THE THREE MONTHS AND SIX MONTHS ENDED FEBRUARY 28, 1999       

                                      Three Months              Six Months
                                          Ended                    Ended
                                       February 28,             February 28,
                                          1999                     1999
                                      -------------             ------------

CASH FLOWS FROM OPERATING ACTIVITIES:

Net loss                                $ (9,101)                $ (42,574)
Adjustments to reconcile net loss to
 net cash used by operating activities:
 Amortization                              1,245                     2,500
 Changes in operating assets 
  and liabilities:
 Accounts receivable                      (4,468)                  (21,151)
    Inventory                            (12,298)                  (19,284)
    Prepaid expenses                        (110)                   (1,110)
    Accrued expenses                     (11,401)                  (20,661)
                                        ----------               -----------
Net cash used by operating activities    (36,133)                 (102,280)
                                        ----------               -----------

CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft                           (16,617)                      612
Sale of common stock                      20,000                    20,000
Borrowings from shareholder               32,750                    70,750
Net cash provided by financing 
  activities                              36,133                    91,362
                                        ----------                ----------
NET DECREASE IN CASH                       -0-                     (10,918)

CASH, BEGINNING OF PERIOD                  -0-                      10,918
                                        ----------                ----------
CASH, END OF PERIOD                     $  -0-                    $   -0-   
                                        ==========                ==========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW
  INFORMATION:
Cash paid for interest                  $  -0-                    $   -0-
Cash paid for income taxes              $  -0-                    $    900


See notes to financial statements.                                     

                                       5
<PAGE>


ADVANCED KNOWLEDGE, INC.


NOTES TO FINANCIAL STATEMENTS                                         

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

   Basis of Presentation

     The  accompanying  unaudited  financial  statements  have been  prepared in
     accordance  with  generally  accepted  accounting  principles  for  interim
     financial  information  and with the  instructions  to Form 10-QSB and Item
     310(b) of  Regulation  S-B.  Accordingly,  they do not  include  all of the
     information  and  footnotes  required  by  generally  accepted   accounting
     principles for complete financial statements.  In the opinion of management
     all  adjustments  (consisting  of  normal  recurring  accruals)  considered
     necessary for a fair presentation have been included. Operating results for
     the  six-month   period  ended  February  28,  1999,  are  not  necessarily
     indicative  of the results  that may be expected  for the year ended August
     31, 1999. For further  information,  refer to the financial  statements and
     footnotes  thereto  included in the company's  report on Form 10-SB for the
     year ended August 31, 1998.

     The balance  sheet at August 31,  1998,  has been  derived from the audited
     financial  statements  at  that  date  but  does  not  include  all  of the
     information  and  footnotes  required  by  generally  accepted   accounting
     principles for complete financial statements.

     General  Information  - At a special  meeting  held on June 30,  1998,  the
     shareholders of DMA-Radtech,  Inc.  ("DMA");  a wholly-owned  subsidiary of
     Electro-Kinetic  Systems,  Inc.  ("EKSI"),  approved  a plan of merger  and
     reorganization,  as set  forth  in an  Agreement  and  Plan of  Merger  and
     Reorganization  dated as of June 30, 1998,  with Advanced  Knowledge,  Inc.
     ("AKIP").  DMA issued  2,700,000 shares of its common stock in exchange for
     all  outstanding  shares of Advanced  Knowledge,  Inc.  Concurrent with the
     agreement, DMA changed its name to Advanced Knowledge,  Inc. ("AK"). DMA, a
     Delaware  corporation,  was  incorporated  under  the laws of the  State of
     Delaware in January 1987. During the three months ended February 28,  1999,
     the Company sold 200,000 shares of its common stock for $20,000.

     The financial statements for the three-months and six-months ended February
     28,  1998 have not been  included  herein as the  Company  was  effectively
     dormant during the period.

     The current  core  business of Advanced  Knowledge  is the  production  and
     marketing of business training videos.

                                       6
<PAGE>

     Going Concern - The Company  experienced  significant  operating losses for
     the period  ended  August  31,  1998 and  through  February 28,  1999.  The
     financial  statements have been prepared assuming the Company will continue
     to operate as a going concern which  contemplates the realization of assets
     and the  settlement of  liabilities  in the normal  course of business.  No
     adjustment  has been made to the recorded  amount of assets or the recorded
     amount or  classification  of  liabilities  which  would be required if the
     Company  were unable to continue  its  operations.  As discussed in Note 2,
     management has developed an operating plan which they believe will generate
     sufficient  cash to meet its  obligations in the normal course of business.
     In addition,  the Company has an agreement  with its President and majority
     shareholder which provides for borrowings up to $300,000.

     Unclassified  Balance Sheet - In accordance with the provisions of SFAS No.
     53, the Company has elected to present an unclassified balance sheet.

     Video Inventory - Video inventory consists of video tapes, demos,  training
     manuals and film production costs. Inventory is stated at the lower of cost
     or  estimated  net  realizable  value and is  amortized in the ratio of the
     current year's gross revenues to  management's  estimate of remaining gross
     revenues. Accumulated amortization at February 28, 1999 totalled $2,917.

     Loss Per  Share - The  Company  adopted  the  provisions  of  Statement  of
     Financial  Accounting Standards ("SFAS") No. 128, "Earnings Per Share" that
     established  standards for the computation,  presentation and disclosure of
     earnings per share ("EPS"),  replacing the presentation of Primary EPS with
     a presentation  of Basic EPS. It also requires dual  presentation  of Basic
     EPS and Diluted EPS on the face of the income  statement  for entities with
     complex capital  structures.  The Company did not present Diluted EPS since
     it has a simple capital structure.

     The loss per share for the three  months  ended  February 28, 1999 has been
     indicated as "N/A" (not available)  since the amount is less than $0.01 per
     share.

                                       7
<PAGE>

2.  MANAGEMENT PLANS

During the six months ended February 28, 1999, the Company commenced shipping of
its new training videos. Management expects that the forecasted higher sales and
cash flows  from  operations  will be  adequate  to  finance  the 1999 cash flow
requirements.   Management  is  considering  various  options  related  thereto,
including,  but not limited  to,  merging  with  another  company and  obtaining
additional equity and financing sources. While exploratory discussions have been
held with various  companies  concerning  the  possibility  of an acquisition or
merger, at this time there are no proposals,  agreements or  understandings  for
the acquisition of, or merger with, any company. However, the Company intends to
continue to explore  opportunities for an acquisition or merger that the Company
believes will increase shareholder value.

Item 2.  Management's Discussion and Analysis or Plan of Operation

Plan of Operation

The Company will  continue to devote its  resources to marketing  its  workforce
training  video  library  and  related  training  materials.  At this time these
efforts are focused on three titles, "Twelve Angry Men: Teams That Don't Quit",
"The  Cuban  Missile   Crisis:   A  Case  Study  In  Decision   Making  And  Its
Consequences",  and  "What It  Really  Takes To Be A World  Class  Company".  In
addition,  the  Company  anticipates  spending  some  of  its  resources  on the
production of additional training videos.

Marketing expenses and production costs during the fiscal year ending August 31,
1999 are estimated to approximate $500,000. Management expects that sales of its
videos and training  materials,  along with  available  funds under an agreement
with its  President  and  majority  shareholder,  and the sale of equity  should
satisfy  its cash  requirements  over the next  year.  However,  there can be no
assurance  that its  President  will  continue to supply funds  pursuant to such
agreement,  nor that the Company will be successful in raising  capital  through
the sale of equity.  The Company's  marketing expenses and the production of new
training videos will be adjusted accordingly.

During  December  1998 the Company sold  200,000  shares of its common stock for
$20,000.

The Company currently has 2 employees.  These employees received no compensation
through  February 28,  1999.  If cash  resources  permit,  the Company  plans to
increase its employees to 6 during calendar 1999, (4 administrative, 2 sales).

                                       8
<PAGE>

Results of Operations

During the period  December 1, 1998 through  February 28, 1999,  the Company had
revenues of $48,897 and expended  approximately  $41,535 in the  production  and
development  of its  workforce  training  video and materials and in general and
administrative  expenses in establishing its corporate business.  These expenses
included.  $18,751 in professional  fees and $2,205 in interest expenses due its
President.

The Company has an agreement  with its  President  and majority  shareholder  to
provide, at the President's discretion, up to $300,000 at 8% interest. Repayment
is to be made  when  funds are  available  with the  balance  of  principal  and
interest due December 31, 2001. The Company has borrowed  approximately $143,000
through February 28, 1999.

The Company has no material  commitments  for capital  expenditures  nor does it
foresee the need for such  expenditures  over the next year. In connection  with
the production of its video and training materials, the Company has an agreement
with the co-producer of the video, 12 Angry Men, and The Cuban Missile Crisis to
pay a royalty based on a specified formula,  which has averaged to approximately
35% of gross sales.

The Company was  effectively  dormant  during the six months ended  February 28,
1998, expending only $758 in order to maintain its corporate status.


                                       9
<PAGE>

                            PART II OTHER INFORMATION

ITEM 1.  Legal Proceedings
 
The Company is not a party to any legal proceedings.

ITEM 2.  Changes in Securities and Use of Proceeds
 
None.
 
ITEM 3.  Defaults upon Senior Securities

None.

ITEM 4.  Submission of Matters to a Vote of Security Holders

During the quarter  ended  February 28, 1999,  no matters were  submitted to the
Company's security holders.

ITEM 5.  Other Information

None.

ITEM 6.  Exhibits and Reports on Form 8-K

None.


                                       10
<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.

                                            ADVANCE KNOWLEDGE, INC.
                                            (Registrant)


Dated:  April 14, 1999                      /s/ Buddy Young 
                                            -------------------------- 
                                            Buddy Young, President and Chief
                                            Executive Officer


                                       11
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