UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C. 20549

                                   FORM 10 QSB

            Quarterly Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


            For the quarterly period ended           December 31, 1999

            Commission file Number                   0-24989


                          AMERICAS POWER PARTNERS, INC.

             (Exact Name of Registrant as Specified in its Charter)


                                     COLORADO
                (State or Other Jurisdiction of Incorporation)



                0-24989                                05-0499526
        (Commission File Number)         (I.R.S. Employer Identification Number)

   105 East First Street, Hinsdale, IL                   60521
(Address of Principal Executive Offices)               (Zip code)


                                  (630) 325-9101
             (Registrant's Telephone Number, Including Area Code)


                               CHUHAK &TECSON, P.C.
                      225 WEST WASHINGTON STREET, SUITE 1300
                              CHICAGO, IL 60606-3418
             ---------------------------------------------------
                     (Name and Address of agent for service)
<PAGE>

Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                         YES [X]        NO [  ]

Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practical
date:

Common Stock, $.001 Par Value - 8,397,694 shares as of
December 31, 1999.


             ---------------------------------------------------

                           FORWARD LOOKING STATEMENTS

             ---------------------------------------------------

THIS FORM 10-QSB AND OTHER STATEMENTS ISSUED OR MADE FROM TIME TO TIME BY
AMERICAS POWER PARTNERS, INC. (HEREINAFTER REFERRED TO AS "APPI"AND/OR
"COMPANY" AND/OR "REGISTRANT") OR ITS REPRESENTATIVES CONTAIN STATEMENTS
WHICH MAY CONSTITUTE "FORWARD-LOOKING STATEMENTS" WITHIN THE MEANING OF
THE SECURITIES ACT OF 1933 AND THE SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED BY THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.

FIFTEEN U.S.C.A. SECTIONS 77Z-2 AND 78U-5 (SUPP. 1996). THOSE STATEMENTS
INCLUDE STATEMENTS REGARDING THE INTENT, BELIEF OR CURRENT EXPECTATIONS OF
APPI AND MEMBERS OF ITS MANAGEMENT TEAM AS WELL AS THE ASSUMPTIONS
ON WHICH SUCH STATEMENTS ARE BASED.

PROSPECTIVE INVESTORS ARE CAUTIONED THAT ANY SUCH FORWARD-LOOKING
STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND INVOLVE RISKS
AND UNCERTAINTIES, AND THAT ACTUAL RESULTS MAY DIFFER MATERIALLY FROM
THOSE CONTEMPLATED BY SUCH FORWARD-LOOKING STATEMENTS. IMPORTANT
FACTORS CURRENTLY KNOWN TO MANAGEMENT THAT COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY FROM THOSE IN FORWARD-LOOKING STATEMENTS ARE SET FORTH
IN THE SAFE HARBOR COMPLIANCE STATEMENT FOR FORWARD-LOOKING STATEMENTS
INCLUDED AS EXHIBIT 99.1 TO THIS FORM 10-QSB, AND ARE HEREBY INCORPORATED
HEREIN BY REFERENCE. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR
REVISE FORWARD-LOOKING STATEMENTS TO REFLECT CHANGED ASSUMPTIONS, THE
OCCURRENCE OF UNANTICIPATED EVENTS OR CHANGES TO FUTURE OPERATING RESULTS
OVER TIME.

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------


PART I - FINANCIAL INFORMATION


ITEM 1.  FINANCIAL STATEMENTS


<PAGE>


                        AMERICAS POWER PARTNERS, INC.

                            FINANCIAL STATEMENTS

                          FOR THE SIX MONTHS ENDED

                             DECEMBER 31, 1999


<PAGE>
                                 EXHIBIT A
                       Americas Power Partners, Inc.
                               BALANCE SHEET
                             December 31, 1999


                                   ASSETS

CURRENT ASSETS
 Cash and Cash Equivalents                  $    146,758
 Prepaid Expense                                  34,539
 Stock Subscriptions Receivable                      100

          Total Current Assets              $    181,397

PROPERTY AND EQUIPMENT
 Computer Equipment                               22,674
 Less: Accumulated Depreciation                     (527)

          Total Property and Equipment            22,147

OTHER ASSET
 Security Deposit                                 13,710

          TOTAL ASSETS                      $    217,254

<PAGE>

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
 Current Maturities of Capital Leases       $      6,701
 Accounts Payable                                134,068
 Accrued Expenses                                125,282
 Investor Advances                               250,000
 Advances-Related Parties                         67,000

          Total Current Liabilities         $    583,051

CAPITAL LEASES--NET OF CURRENT MATURITIES         14,095

STOCKHOLDERS' EQUITY
     Common Stock, no par value
      40,000,000 Shares Authorized
      8,397,694 issued and outstanding         1,132,700
     Preferred Stock, $100 par value,
      10,000,000 Shares Authorized                     -
     Deficit Accumulated During the
      Development Stage                       (1,512,592)

          Total Stockholders' Equity            (379,892)

TOTAL LIABILITIES AND
 STOCKHOLDERS' EQUITY                       $    217,254

<PAGE>

                                 EXHIBIT B
                        Americas Power Partners, Inc.

                          STATEMENTS OF OPERATIONS
                 For the Six Months ended December 31, 1999


                                       Six Months
                                       ended
                                       December 31, 1999

Expenses
 Consulting Fees - Management          $      270,000
 Consulting Fees - Investment Banking         120,000
 Consulting Fees - Other                       48,048
 Depreciation                                     527
 Insurance                                      7,774
 Fringe Benefits                                6,985
 Legal Fees                                   146,868
 Other Professional Fees                       52,609
 Payroll Taxes                                  3,927
 Public Relations                               9,609
 Miscellaneous Office Expense                 100,288
 Rent                                          16,022
 Wages and Salaries                           162,667

          Total Expenses                      945,324

OTHER (INCOME)/EXPENSE
 Interest Income                               (1,262)
 Interest Expense                               1,346

          Total Other (Income)/Expense             84

          NET LOSS                      $    (945,408)

<PAGE>

<TABLE>
                           Americas Power Partners, Inc.
                                     EXHIBIT C
                 Statements of Changes in Stockholders' Equity and
       Retained Earnings (Deficit) Accumulated During the Development Stage
                    For the Six Months Ended December 31, 1999

<CAPTION>
                                                         Shares
                                      Date of            Issued and          Paid-In           Retained          Stockholders'
                                      Transaction        Outstanding         Capital           Deficit             Equity

<S>                                   <C>                <C>                 <C>               <C>               <C>

Balance-July 1, 1999                                     1,228,753.9194          756,450            (567,184)         189,266

Correction of Americas Power
  Partners' Shares Issued             January 27, 1998    (210,000)

Balance-July 1, 1999-as Restated                         1,228,543.9194

Common Stock (No Par Value)
  Retired at Time of Merger           August 17, 1999         (543.9194)

Common Stock (No Par Value)
  Issued at Time of Merger            August 17, 1999    5,439,194

Issuance of shares as incentive
  bonuses                             July 22, 1999      1,275,000
                                      October 1, 1999       30,000
                                      October 1, 1999      275,000

Sale of Stock for Cash                July 20, 1999          2,500            6,250                                6,250
($2.50 per Share)                     September 15, 1999    80,000          200,000                              200,000
                                      September 21, 1999    10,000           25,000                               25,000
                                      September 29, 1999    10,000           25,000                               25,000
                                      November 3, 1999      10,000           25,000                               25,000
                                      December 9, 1999      20,000           50,000                               50,000
                                      December 31, 1999     18,000           45,000                               45,000
Net (Loss) for the Six Months
  ended December 31, 1999             December 31, 1999  _________       __________            (945,408)        (945,408)

Balance-December 31, 1999                                8,397,694       $1,132,770         $(1,512,592)       $(379,892)

</TABLE>

<PAGE>

                                 EXHIBIT D
                       Americas Power Partners, Inc.
                         STATEMENTS OF CASH FLOWS
                For the Six Months ended December 31, 1999



                                        Six  Months
                                        ended
                                        December 31, 1999
Cash Flows from Operating Activities:
 Net (Loss)                             $    (945,408)
 Adjustments to Reconcile Net Income to
 Net Cash Provided by
  Operating Activities:
   Depreciation and Amortization                  527
   Change in Prepaid Expense                   (2,352)
   Change in Accounts Payable                  16,576
   Change in Accrued Expenses                 100,000
   Change in Investor Advances                250,000
   Total Adjustments                          364,751

   Net Cash (Used) by
    Operating Activities                     (580,657)

Cash Flow from Investing Activities:
 Increase in Security Deposit                 (13,710)

   Net Cash (Used) by
    Investing Activities                      (13,710)

Cash Flow from Financing Activities:
 Proceeds from Issuance of Common Stock       376,250
 Proceeds of Related Party Loans               67,000
 Principal Payments on Insurance Financing     (6,905)
 Principal Payments on Long-Term Debt          (1,878)

   Net Cash Provided by
    Financing Activities                      434,467

Net Increase (Decrease) in Cash and
 Cash Equivalents                            (159,900)

Cash and Cash Equivalents, Beginning          306,658
Cash and Cash Equivalents, Ending         $   146,758

Supplemental Disclosures:
 Interest Paid                            $     1,346

Non-cash Investing and Financing
 Activities:

 Equipment Purchased by Capital Lease     $    22,674

 Liability Insurance Paid by Finance
  Agreement                               $    31,061

<PAGE>

                           Americas Power Partners, Inc.
                           NOTES TO FINANCIAL STATEMENTS
                                 DECEMBER 31, 1999

1.     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     (a)     Nature of the Business

Americas Power Partners, Inc. (the Company) has been in the development stage
since its inception on January 27, 1998.  The Company was formed to develop,
optimize, own and operate power plant systems (steam, electric, compressed
air, water, waste water and condensate return) for industrial and commercial
clients.  The Company has formed strategic alliances with two recognized
energy companies in the areas of power plant optimization, operations and
maintenance, fuel supply, and electric power marketing. These two strategic
relationships bring key skill sets to the development process, as well as a
steady flow of project opportunities from their established client base.  The
Company will generate revenue primarily from fees produced from structuring
and financing these energy projects.

The company is prepared to participate in the private energy market through
two distinct avenues, namely, financing upgrades, or purchasing powerhouse
assets and selling utilities back to clients through long-term contracts.

     (b)     Method of Accounting

Assets, liabilities, revenues and expenses are recognized on the accrual
basis method of accounting.

     (c)     Use of Estimates

The preparation of 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 assets and liabilities at the date of the financial statements,
and the reported amounts of revenue and expenses during the reporting period.
Actual results could differ from these estimates.

<PAGE>

     (d)     Cash Equivalents

The Company considers all short-term investments in interest-bearing accounts,
securities, and other instruments with an original maturity of three months
or less to be cash equivalents.

<PAGE>

                           Americas Power Partners, Inc.
                           (A Development Stage Company)
                           NOTES TO FINANCIAL STATEMENTS
                                 DECEMBER 31, 1999


1.     SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     (e)     Income taxes

Income Taxes are provided for the tax effects of transactions reported in the
financial statements and consist of taxes currently due plus deferred taxes
related primarily to differences between the bases of certain assets and
liabilities for financial and tax reporting.  Deferred tax assets and
liabilities represent the future tax return consequences of those differences,
which will either be taxable when the assets and liabilities are recovered or
settled.  Valuation allowances are established, if necessary, to reduce
deferred tax assets to the amount that will more likely than not be realized.

2.     GOING CONCERN

These financial statements have been prepared under the assumption the Company
will continue its development stage activities and eventually emerge as a
going concern.  This assumption is conditioned on the Company's ability to
generate revenue before exhausting its original capital stake, and/or
attracting additional capital.  Although no revenue producing contracts have
been signed, management is confident that this risk will be ameliorated
because the Company has over twenty five separate projects being negotiated in
stages ranging from letters of intent all the way to final contract proposal
with a "Fortune 200" Company.  As described in Note #4, management has also
taken steps to respond to the second risk.

<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

                            AMERICAS POWER PARTNERS, INC.

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS


December 31, 1999

=====================================
SIX MONTHS ENDING DECEMBER 31, 1999
=====================================

The following information should be read in conjunction with the historical
financial information and the notes thereto included in Item 1 of this
Quarterly Report.

NEW ACCOUNTING PRONOUNCEMENTS

     Statement of Financial Accounting Standards No. 121, "Accounting for the
Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed of"
("SFAS 121") issued by the FASB, is effective for financial statements for
fiscal years beginning after December 15, 1995. The standard establishes new
guidelines regarding when impairment losses on long-lived assets, which
include plant and equipment, certain identifiable intangible assets, and
goodwill, should be recognized and how impairment losses should be measured.

The Company does not expect adoption to have a material effect on its
financial position or results of operations.

     Statement of Financial Accounting Standards No. 123, "Accounting for
Stock-Based Compensation" ("SFAS 123") issued by the FASB, is effective for
specific transactions entered into after December 15, 1995. The disclosure
requirements of SFAS 123 are effective for financial statements for fiscal
years beginning no later than December 15, 1995. The new standard established
a fair value method of accounting for stock-based compensation plans and for
transactions in which an entity acquires goods or services from non-employees
in exchange for equity instruments. The Company does not expect adoption to
have a material effect on its financial position or results of operations.

<PAGE>

Liquidity and Capital Resources

     The Company remains in the development stage and, since inception,
has experienced no significant change in liquidity or capital resources
or stockholder's equity.  The Company's balance sheet as of December 31,
1999, reflects a total asset value of $217,254.  The Company currently
has no line of credit.

Results of Operations

     During the period from January 1, 1998 (inception) through
December 31, 1999, the Company has engaged in no significant
operations other than organizational activities, acquisition of capital
and preparation for registration of its securities under the Securities
Exchange Act of 1934, as amended.  No revenues were received by
the Company during this period.

     For the current fiscal year, the Company anticipates incurring
a loss as a result of organizational expenses, expenses associated with
registration under the Securities Exchange Act of 1934.

Need for Additional Financing

     The Company believes that its existing capital will be sufficient
to meet the Company's cash needs, including the costs of compliance with
the continuing reporting requirements of the Securities Exchange Act of
1934, as amended, for a period of approximately one year.   There is no
assurance, however, that the available funds will ultimately prove to be
adequate to allow it to fully execute its business plan, and, the Company's
needs for additional financing are likely to increase substantially.

<PAGE>

PART II  OTHER INFORMATION


ITEM 1.  Legal Proceedings

          Neither the Registrant nor any of its affiliates are a
          party, nor is any of their property subject, to material
          pending legal proceedings or material proceedings known
          to be contemplated by governmental authorities.


ITEM 2.  Changes in Securities

          None


ITEM 3.  Defaults Upon Senior Securities

          None


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

          On August 17, 1999, the Company completed a merger with Oak Brook
          Capital II, Inc., ("OBC") a fully reporting 1934 Act public SEC
          shell company, which immediately thereafter changed its name to
          Americas Power Partners, Inc.  The merger was done specifically to
          enhance the Company's ability to have several options for future
          capital formation and to aid in attracting additional key employees.
          The NASD 15c211 disclosure form has been filed with the National
          Association of Securities Dealers (NASD) and the Company is
          expecting to begin OTC trading before the end of the calendar year.

          Upon completion of the merger, OBC changed it's name to Americas
          Power Partners, Inc., and issued 10,000 shares of common stock for
          each share of the former Americas Power Partners, Inc. then
          outstanding.  All shares of the former Americas Power Partners were
          then retired.

          Certain shareholders hold their stock pursuant to subscription
          agreements dated May 4, 1999 which stipulated that their percentage
          ownership of the Company will be non-dilutable until the completion
          of the initial capital raise of $2,000,000 or twelve (12) months,
          whichever comes first.  7,539,194 shares of no par value common
          stock were issued.


ITEM 5.  Other Information

          None

ITEM 6.  Exhibits and Reports on Form 8 K

         a.  Exhibits

             Exhibit 27. Financial Data Schedule

         b.  Reports on Form 8 K

             -Filed on October 26, 1999, Item 1 and 2, Change of Control,
              Plan of Merger.

             -Filed on October 29, 1999, Item 7, Financial Statements.

INDEX TO EXHIBITS

<TABLE>
<CAPTION>

EXHIBIT      NO      DESCRIPTION

<S>          <C>     <C>


#            3.1     Articles of Incorporation of the Registrant, as amended;

#            3.2     Bylaws of the Registrant;

#            4.1     Instruments Defining Rights of Security Holders/Minutes
                     of Annual/Special Meetings of the Registrant;

#           10.1     Issuance of Restricted Shares from Authorized Shares

#           23.1     Consent of Mark T. Thatcher, P.C.;

x           27       Financial Data Schedule

x           99.1     Safe Harbor Compliance Statement

_______________________
x     Filed herewith.

#     Incorporated by reference from the Registrant's Amendment No. 3 to the
      Registration Statement filed on Form 10-SB on or about July 29, 1999.


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                         AMERICAS POWER PARTNERS, INC.

                         /s/ Mark A. Margason

DATE: February 22, 2000  By:    MARK A. MARGASON
                         Name:  MARK A. MARGASON
                         Title: Vice President


</TABLE>