FORM 10-QSB

                    U.S. SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C.  20549
                            ______________________

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

               For the Quarterly Period Ended March 31, 2000

                       Commission File Number 13-4051167

                                NAVARONE, INC.
            (Exact name of registrant as specified in its charter)


            Nevada                          13-4051167
(State or other jurisdiction of    (IRS Employer Identification No.)
incorporation or organization)


          c/o Salem Krieger, 228 East 85th Street, New York, NY 10028
                   (Address of principal executive offices)
                                  (Zip Code)

                                (212) 439-6268
             (Registrant's telephone number, including area code)

     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.

                             X  Yes        ___  No

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

             Class                Outstanding as of May 16, 2000
         Common Stock                         10,385,000

<PAGE>

                        PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.



                                   CONTENTS

                                                               PAGE

        -  Accountants' Review Report                            3


        -  Unaudited Condensed Balance Sheets,
            March 31, 2000 and December 31, 1999                 4


        -  Unaudited Condensed Statements of Operations,
            for the three months ended March 31, 2000
            and 1999 and from inception on March 19, 1997
            through March 31, 2000                               5

        -  Unaudited Condensed Statements of Cash Flows,
            for the three months ended March 31, 2000
            and 1999 and from inception on March 19, 1997
            through March 31, 2000                               6


        -  Notes to Unaudited Condensed Financial Statements   7 - 10







                                     2
<PAGE>



                          ACCOUNTANTS' REVIEW REPORT



Board of Directors
NAVARONE, INC.
New York, NY

We have reviewed the accompanying condensed balance sheet of Navarone, Inc. [a
development  stage  company] as of March 31, 2000 and  the  related  condensed
statements of operations and cash flows for the three months ended  March  31,
2000  and  for the period from inception on March 19, 1997 through  March  31,
2000.   These  financial statements are the responsibility  of  the  Company's
management.  All  information included in these financial  statements  is  the
representation of management of Navarone, Inc..

We  conducted  our  review  in accordance with standards  established  by  the
American  Institute  of  Certified  Public  Accountants.   A  review  consists
principally  of  inquiries  of  Company personnel  and  analytical  procedures
applied to financial data. It is substantially less in scope than an audit  in
accordance with generally accepted auditing standards, the objective of  which
is the expression of an opinion regarding the financial statements taken as  a
whole.  Accordingly, we do not express such an opinion.

Based  on  our  review,  we are not aware of any material  modifications  that
should be made to the condensed financial statements reviewed by us, in  order
for them to be in conformity with generally accepted accounting principles.

The  accompanying  financial  statements  have  been  prepared  assuming  that
Navarone,  Inc. will continue as a going concern.  As discussed in Note  7  to
the  financial  statements,  Navarone, Inc.  has  incurred  losses  since  its
inception   and  has  not  yet  been  successful  in  establishing  profitable
operations, raising substantial doubt about its ability to continue as a going
concern.  Management's plans in regards to these matters are also described in
Note  7.   The financial statements do not include any adjustments that  might
result from the outcome of these uncertainties.



/s/ Pritchett, Siler & Hardy
PRITCHETT, SILER & HARDY, P.C.

May 16, 2000
Salt Lake City, Utah

                                     3
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

                           CONDENSED BALANCE SHEETS

                 [Unaudited - See Accountants' Review Report]



                                    ASSETS


                                          March 31,   December 31,
                                             2000         1999
                                         ___________  ___________
CURRENT ASSETS:
  Cash held by shareholder                 $  2,535    $    3,918
                                         ___________  ___________
        Total Current Assets               $  2,535    $    3,918
                                         ___________  ___________


                    LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:
  Accounts payable                         $     60    $      587
                                         ___________  ___________
        Total Current Liabilities                60           587
                                         ___________  ___________

STOCKHOLDERS' EQUITY:
  Common stock, $.001 par value,
   25,000,000 shares authorized,
   10,385,000 shares issued and
   outstanding                               10,385        10,385
  Capital in excess of par value             24,980        24,980
  Deficit accumulated during the
    development stage                       (32,890)      (32,034)
                                         ___________  ___________
        Total Stockholders' Equity            2,475         3,331
                                         ___________  ___________
                                           $  2,535    $    3,918
                                         ___________  ___________







Note: The balance sheet at December 31, 1999 was taken from the audited
      financial statements at that date and condensed.

   The accompanying notes are an integral part of these unaudited financial
   statements.

                                     4
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

                      CONDENSED STATEMENTS OF OPERATIONS

                 [Unaudited - See Accountants' Review Report]

                                                         From
                                  For the Three      Inception on
                                   Months Ended    March 19, 1997,
                                    March 31,          Through
                             ______________________   March 31,
                                 2000       1999         2000
                             ___________ __________   ___________
REVENUE                       $        -  $       -    $        -
                             ___________ __________   ___________

EXPENSES:
  General and administrative         856      3,590        24,890
  Research and development             -      3,000         7,000
                             ___________ __________   ___________
        Total Expenses               856      6,590        31,890
                             ___________ __________   ___________
LOSS BEFORE INCOME TAXES            (856)    (6,590)      (31,890)

CURRENT TAX EXPENSE                    -          -             -

DEFERRED TAX EXPENSE                   -          -             -
                             ___________ __________   ___________

LOSS FROM CONTINUING
  OPERATIONS BEFORE
  CHANGE IN ACCOUNTING
  PRINCIPLE                            -     (6,590)      (31,890)

CUMULATIVE EFFECT OF
  CHANGE IN ACCOUNTING
  PRINCIPLE                            -          -        (1,000)
                              __________ __________   ___________

NET LOSS                       $    (856) $  (6,590)   $  (32,890)
                              __________ __________   ___________

LOSS PER COMMON SHARE:
  Continuing operations        $    (.00) $    (.00)   $     (.00)
  Cumulative effect of change
    in accounting principle            -          -          (.00)
                              __________ __________   ___________
  Net Loss Per Common
    Share                      $    (.00) $    (.00)   $     (.00)
                              __________ __________   ___________







   The accompanying notes are an integral part of these unaudited financial
   statements.

                                      5
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

                      CONDENSED STATEMENTS OF CASH FLOWS

                 [Unaudited - See Accountants' Review Report]


                                                                   From
                                            For the Three      Inception on
                                             Months Ended    March 19, 1997,
                                              March 31,          Through
                                       ______________________   March 31,
                                           2000       1999         2000
                                       ___________ __________   ___________
Cash Flows From Operating Activities:
  Net loss                              $     (856) $  (6,590)   $  (32,890)
  Adjustments to reconcile net
    loss  to net cash used by
    operating activities:
    Non-cash expense                             -          -         2,500
    Effect of change in accounting
     principle                                   -          -         1,000
    Change in assets and liabilities:
      Increase (decrease) in accounts
       payable                                (527)     5,068            60
                                       ___________ __________   ___________
        Net Cash (Used) by Operating
         Activities                         (1,383)    (1,522)      (29,330)
                                       ___________ __________   ___________
Cash Flows From Investing Activities             -          -             -
                                       ___________ __________   ___________
        Net Cash (Used) by Investing
         Activities                              -          -             -
                                       ___________ __________   ___________
Cash Flows From Financing Activities:
  Proceeds from common stock issuance            -          -        38,500
  Payment of stock offering costs                -          -        (6,635)
                                       ___________ __________   ___________
        Net Cash Provided by Financing
         Activities                              -          -        31,865
                                       ___________ __________   ___________
Net Increase (Decrease) in Cash             (1,383)    (1,522)        2,535

Cash at Beginning of Period                  3,918     13,925             -
                                       ___________ __________   ___________
Cash at End of Period                   $    2,535  $  12,403    $    2,535
                                       ___________ __________   ___________

Supplemental Disclosures of Cash Flow Information:
  Cash paid during the periods for:
    Interest                            $        -  $       -    $        -
    Income taxes                        $        -  $       -    $        -

Supplemental Schedule of Noncash Investing and Financing Activities:
  For the three months ended March 31, 2000:
     None.

  For the three months ended March 31, 1999:
     None






   The accompanying notes are an integral part of these unaudited financial
   statements.

                                    6
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

               NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  -  Ezboy Imageworks, Inc. was organized under the  laws  of  the
  State  of  Nevada on March 19, 1997, but changed its name in 1998 to Navarone,
  Inc  (the  Company).  The Company intends to develop and pursue patent
  protection  for  novelty  items  for the photographic industry.  The Company
  also  intends  to  manufacture and market its inventions.  The Company has, at
  the present  time, not  paid any dividends and any dividends that may be paid
  in the future  will depend  upon  the  financial requirements of the Company
  and  other  relevant  factors.  The Company has not generated significant
  revenues and is considered a  development  stage company as defined in
  Statement of Financial  Accounting  Standards (SFAS) No. 7.

  Condensed  Financial Statements - The accompanying financial  statements  have
  been prepared by the Company without audit.  In the opinion of management, all
  adjustments  (which  include only normal recurring adjustments)  necessary  to
  present fairly the financial position, results of operations and cash flows at
  March 31, 2000 and 1999 and for the periods then ended have been made.

  Certain  information and footnote disclosures normally included  in  financial
  statements   prepared   in  accordance  with  generally  accepted   accounting
  principles  have  been  condensed or omitted.   It  is  suggested  that  these
  condensed  financial  statements  be read in conjunction  with  the  financial
  statements  and  notes  thereto included in the Company's  December  31,  1999
  audited financial statements.  The results of operations for the periods ended
  March 31, 2000 are not necessarily indicative of the operating results for the
  full year.

  Income  Taxes  -  The  Company accounts for income taxes  in  accordance  with
  Statement  of  Financial Accounting Standards (SFAS) No. 109, "Accounting  for
  Income  Taxes."  This statement requires an asset and liability  approach  for
  income taxes.

  Research and Development - The Company expenses research and development costs
  as incurred.  Expenditures for research and development were $0 and $3,000 for
  the three months ended March 31, 2000 and 1999, respectively.

  Loss  Per  Share - The computation of loss per share is based on the  weighted
  average number of shares outstanding during the period presented in accordance
  with Statement of Financial Accounting Standards (SFAS) No. 128, "Earnings Per
  Share".  [See Note 6]

  Cash  and  Cash  Equivalents - For purposes of the financial  statements,  the
  Company considers all highly liquid debt investments purchased with a maturity
  of three months or less to be cash equivalents.

  Accounting  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, the disclosures of contingent assets and liabilities at the  date
  of  the financial statements, and the reported amount of revenues and expenses
  during the reported period.  Actual results could differ from those estimated.

  Restatement  -  The financial statements have been restated  for  all  periods
  presented  to reflect a ten for one forward stock split effective  January  5,
  2000 [See Note 3].
                                     7
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

               NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Recently  Enacted  Accounting Standards - Statement  of  Financial  Accounting
  Standards  (SFAS)  No. 132, "Employer's Disclosure about  Pensions  and  Other
  Postretirement Benefits", SFAS No. 133, "Accounting for Derivative Instruments
  and  Hedging  Activities",  SFAS  No.  134,  "Accounting  for  Mortgage-Backed
  Securities.", SFAS No. 135, "Rescission of FASB Statement No. 75 and Technical
  Corrections",  SFAS  No.  136,  "Transfers of  Assets  to  a  not  for  profit
  organization  or  charitable  trust that raises  or  holds  contributions  for
  others", and SFAS No. 137, "Accounting for Derivative Instruments and  Hedging
  Activities  -  deferral of the effective date of FASB Statement  No.  133  (an
  amendment of FASB Statement No. 133.)," were recently issued.  SFAS  No.  132,
  133,  134,  135, 136 and 137 have no current applicability to the  Company  or
  their effect on the financial statements would not have been significant.

NOTE 2 - CASH

  The Company's attorney, who is also a shareholder, currently holds cash
  belonging to the Company  in the amount of $2,535, in a non-interest bearing
  and  non-insured account.

NOTE 3 - CAPITAL STOCK

  Common Stock - On March 19, 1997, the Company issued 10,000,000 shares of  its
  previously  authorized, but unissued common stock to its attorney  for
  providing services valued at $1,000 related to organizing the Company.

  In  October  1998,  the  Company  issued  385,000  shares  of  its  previously
  authorized, but unissued common stock.  Total proceeds from the sale of  stock
  amounted  to  $38,500 (or $1.00 per share).  Offering costs in the  amount  of
  $6,635 have been charged to additional paid in capital.

  In  January 2000, the Company effected a ten for one forward stock split.  The
  financial  statements for all periods presented have been restated to  reflect
  the stock split.

NOTE 4 - RELATED PARTY TRANSACTIONS

  Professional  Services  - A shareholder of the Company provides  professional,
  legal and managerial services to the Company.

  Cash  -   A  shareholder holds cash in the amount of $2,535 belonging  to  the
  Company in a non-interest bearing and non-insured account.

  Rent - The Company currently does not have a need to rent office space but  is
  using the address of an officer as a mailing address, as needed, at no cost to
  the  Company.  The President of the Company was paid a total of $3,000 in 1999
  for  the Company to use his studio for a short period in 1999 when the Company
  was doing prototype development.

  Prototype Development - During 1999, the President donated $2,500 of services
  and unpaid expenses for prototype development that included utilization of
  existing studio  space,  equipment  and  materials.  The $2,500 was accounted
  for as a contribution to capital.


                                     8
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

                         NOTES TO FINANCIAL STATEMENTS

NOTE 5- INCOME TAXES

  The  Company  accounts  for  income  taxes in  accordance  with  Statement  of
  Financial  Accounting Standards No. 109 "Accounting for Income  Taxes".   SFAS
  No.  109  requires  the Company to provide a net deferred tax  asset/liability
  equal  to  the  expected  future tax benefit/expense  of  temporary  reporting
  differences  between  book  and  tax  accounting  methods  and  any  available
  operating  loss or tax credit carryforwards.  At March 31, 2000,  the  Company
  has  available  unused operating loss carryforwards of approximately  $32,500,
  which may be applied against future taxable income and which expire in various
  years through 2019.

  The amount of and ultimate realization of the benefits from the operating loss
  carryforwards for income tax purposes is dependent, in part, upon the tax laws
  in  effect,  the future earnings of the Company, and other future events,  the
  effects of which cannot be determined.  Because of the uncertainty surrounding
  the  realization  of  the  loss carryforwards the Company  has  established  a
  valuation  allowance  equal to the tax effect of the loss  carryforwards  and,
  therefore,   no  deferred  tax  asset  has  been  recognized  for   the   loss
  carryforwards.   The  net  deferred tax assets are approximately  $11,000  and
  $10,700  as  of  March 31, 2000 and December 31, 1999, respectively,  with  an
  offsetting valuation allowance at each period end of the same amount resulting
  in  a  change in the valuation allowance of approximately $300 for  the  three
  months ended March 31, 2000.

NOTE 6 - LOSS PER SHARE

  The  following data show the amounts used in computing loss per share for  the
  periods ended March 31, 2000 and 1999:

                                                                   From
                                            For the Three      Inception on
                                             Months Ended    March 19, 1997,
                                              March 31,          Through
                                       ______________________   March 31,
                                           2000       1999         2000
                                       ___________ __________   ___________
   Loss from continuing operations
   available to common shareholders
   (numerator)                          $     (856) $  (6,590)   $  (31,890)
                                       ___________ __________   ___________
   Cumulative effect of change in
   accounting  principle  (numerator)   $        -  $       -    $   (1,000)
                                       ___________ __________   ___________
   Weighted average number of
   common shares outstanding used
   in loss per share for the period
   (denominator) [Restated]             10,385,000 10,000,000    10,190,068
                                       ___________ __________   ___________

  Dilutive  loss  per  share was not presented, as the  Company  had  no  common
  equivalent  shares for all periods presented that would affect the computation
  of diluted loss per share.

  During  1999,  the Company adopted Statement of Position 98-5 and  accordingly
  expensed  its  organization costs of $1,000.  This has  been  reflected  as  a
  cumulative effect of change in accounting principle.

                                      9
<PAGE>

                                NAVARONE, INC.
                         [A Development Stage Company]

                         NOTES TO FINANCIAL STATEMENTS

NOTE 7 - GOING CONCERN

  The  accompanying financial statements have been prepared in  conformity  with
  generally  accepted accounting principles, which contemplate  continuation  of
  the  Company  as  a going concern.  However, the Company has  incurred  losses
  since  its  inception,  and  has  not  yet  been  successful  in  establishing
  profitable  operations.   These  factors raise  substantial  doubt  about  the
  ability  of  the  Company  to continue as a going concern.   In  this  regard,
  management  is proposing to raise any necessary additional funds not  provided
  by  operations  through loans and/or through additional sales  of  its  common
  stock.   There is no assurance that the Company will be successful in  raising
  this  additional capital or in achieving profitable operations.  The financial
  statements  do not include any adjustments that might result from the  outcome
  of these uncertainties.




                                    10
<PAGE>


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

     The following discussion and analysis provides information which
management believes is relevant to an assessment and understanding of the
Company's results of operations and financial condition. The discussion should
be read in conjunction with the financial statements and notes thereto.

Plan of Operation

  Navarone,  Inc.  is a new company in the development phase, engaged  in  the
  development of novelty products related to the photographic industry. The
  Company has completed production of prototypes for its first two products
  and management has been pursuing the possibility of entering into royalty
  agreements with companies interested in its Booger Bubble Gum Card Packages
  or its Serenity Lamp, but to date, no such agreements have been executed.
  Management is currently exploring other possiblilities for sale of its
  products.  The Company does not have the resources to market its products
  directly at this time; as of the date of the Report, it had assets of only
  $2,535, in the form of cash being held by its attorney on the Company's
  behalf.  The Company is also presently contemplating a second offering of
  securities in order to raise additional funds, but no decision has yet been
  made in this regard.  In the meantime, the Company will rely upon loans
  from its officers and principal shareholders in order to keep its expenses
  paid until such time as it has achieved sufficient income, or until such
  time as management should decide to abandon the Company's original business
  plan and pursue merger or acquisition with an existing business.


Forward-Looking Statements

     When used in this Form 10-Q or other filings by the Company with the
Securities and Exchange Commission, in the Company's press releases or other
public or shareholder communications, or in oral statements made with the
approval of an authorized officer of the Company's executive officers, the
words or phrases "would be", "will allow", "intends to", "will likely result",
"are expected to", "will continue", "is anticipated", "estimate", "project",
or similar expressions are intended to identify "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.

       The Company cautions readers not to place undue reliance on any forward-
looking statements, which speak only as of the date made, and advises readers
that forward-looking statements involve various risks and uncertainties. The
Company does not undertake, and specifically disclaims any obligation to
update any forward-looking statements to reflect occurrences or unanticipated
events or circumstances after the date of such statement.

                                11
<PAGE>

                          PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.

     None.

Item 2.  Changes in Securities and Use of Proceeds.

     None.

Item 3.  Defaults Upon Senior Securities.

     None.

Item 4.  Submission of Matters to Vote of Securityholders.

     None.

Item 5.  Other Information.

          During April, 2000, all 38,500 free-trading shares were purchased
from the investors by Tim Abato, a shareholder.  Subsequently, during May,
2000 the shares were purchased by Maureen Abato, who is a principle
shareholder, a director, and secretary-treasurer of the Company.  All
transactions were made pursuant to Stock Purchase Agreements, at a price
of $1.00 per share.


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

     (a)  Exhibits
          None

     (b)  Reports on Form 8-K:
          None.

                                  NAVARONE, INC.

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed by the undersigned
duly authorized.

                                      NAVARONE, INC.




Date: May 16, 2000                    By  /s/ Salem Krieger
                                          Salem Krieger, President


   /s/ Salem Krieger
       Salem Krieger      President                  May 16, 2000

   /s/ Maureen Abato
       Maureen Abato      Secretary-Treasurer        May 16, 2000