UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

WASHINGTON,
DC  20549



FORM
10-QSB



(Mark
one)



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



For
the quarterly period ended March 31, 2004



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



For
the transition period from ______ to ______



Commission
file number 000-50048



ABERDEEN
MINING COMPANY

(Exact
name of small business issuer as specified in its charter)





|Nevada                                                               | 82-6008492                      
|-------------------------------------------------------------------- | --------------------------------
|(State
      or other jurisdiction of incorporation or organization) | (I.R.S.
      Employer I.D. No.)



18101
Von Karman Avenue, Suite 330

Irvine,
California 92612



(Address
of Principal Executive Offices)

(888)
798-8100

(Registrant's
telephone number)



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.



(1)Yes
[X] No [ ]  (2) Yes [X] No [ ]



Indicate
the number of shares outstanding of each of the issuer's classes of common
stock, as of March 31, 2004.



|Common
      Stock, Par Value $0.001 | 98,746,350                                             
|------------------------------------ | -------------------------------------------------------
|Title
      of Class                 | Number
      of Shares Outstanding as of March 31, 2004

---

TABLE
OF CONTENTS





|Part
      I                                                 | 1
|------------------------------------------------------------ | -
|Financial
      Statement Item                               | 1
|Financial
      Statements                                   | 1
|Balance
      Sheet                                          | 1
|Income
      Statement                                       | 2
|Cashflow
      Statement                                     | 3
|Financial
      Footnotes                                    | 4
|Management
      Discussion & Analysis or Plan of Operations | 6
|Controls
      and Procedures                                | 7
|Part
      II                                                | 7
|Legal
      Proceedings                                      | 7
|Changes
      in Securities                                  | 8
|Defaults
      Upon Securities                               | 8
|Submission
      to a Vote                                   | 8
|Other
      Information                                      | 8
|Exhibits
      and Reports                                   | 8
|Signatures                                                   | 9



Exhibits

|Index
      to Exhibits | 10
|----------------------- | --
|Exhibits                | 11



Except
as otherwise noted in this report, "Aberdeen Mining Company" the
"Company," "we," "us" and "our"
collectively refer to Aberdeen Mining Company.

---

ABERDEEN
MING COMPANY



BALANCE
SHEET (Unaudited)

March
31, 2004

PART
I.

Financials

|ASSETS                                                           |               
|---------------------------------------------------------------- | --------------
|Current
      Assets                                             |               
|Cash
      and Cash Equivalents                                  | $
      19,341
|Total
      Current Assets                                       | 19,341        
|                                                                 |               
|                                                                 |               
|TOTAL
      ASSETS                                               | $
      19,341
|                                                                 |               
|LIABILITIES
      AND STOCKHOLDERS' EQUITY                       |               
|Current
      Liabilities                                        |               
|Accounts
      Payable and Accrued Expenses                      | $
      12,413
|Total
      Current Liabilities                                  | 12,413        
|                                                                 |               
|Stockholders'
      Deficit                                      |               
|Preferred
      stock, $0.001 par value; 100,000,000             |               
|shares
      authorized, none issued and outstanding             |               
|Common
      stock, $0.001 par value; 300,000,000                |               
|shares
      authorized, 9,866,500 shares issued and outstanding | 9,867         
|Paid-in
      Capital                                            | 911,881       
|Accumulated
      Deficit                                        | (914,820)     
|Total
      Stockholders' Equity                                 | 6,928         
|                                                                 |               
|                                                                 |               
|TOTAL
      LIABILITIES AND STOCKHOLDERS' EQUITY                 | $
      19,341



See
notes to interim unaudited financial statements

1

---

ABERDEEN
MING COMPANY



STATEMENTS
OF OPERATIONS (Unaudited)

March
31, 2004



|For
      three months ended March 31,             | 2004             | 2003           
|-------------------------------------------------- | ---------------- | ---------------
|Sales                                              | $
      -        | $
      -      
|                                                   |                  |                
|Cost
      and Expenses                            |                  |                
|Cost
      of Goods Sold                           | -                | -              
|Selling,
      General and Administrative Expenses | 26,377           | 7,399          
|                                                   | 26,377           | 7,399          
|                                                   |                  |                
|Operating
      (loss)                             | (26,377)         | (7,399)        
|                                                   |                  |                
|Interest
      Income                              | 44               | 103            
|                                                   |                  |                
|Net
      (loss) before taxes                      | (26,333)         | (7,296)        
|                                                   |                  |                
|Provision
      for Income Taxes                   | 30               | -              
|                                                   |                  |                
|Net
      (loss)                                   | $
      (26,363) | $
      (7,296)
|                                                   |                  |                
|Net
      (loss) per share-Basic and Diluted       | $
      (0.00)   | $
      (0.00) 
|                                                   |                  |                
|Weighted
      Average Number of Shares            | 9,866,500        | 9,866,500      
|                                                   |                  |                



See
notes to interim unaudited financial statements

2

---

ABERDEEN
MING COMPANY



STATEMENTS
OF CASH FLOWS (Unaudited)

March
31, 2004



|For
      three months ended March 31,                         | 2004             | 2003           
|-------------------------------------------------------------- | ---------------- | ---------------
|Cash
      Flow From Operating Activities                      |                  |                
|Net
      (loss)                                               | $
      (26,363) | $
      (7,296)
|Adjustments
      to reoncile net (loss) to net cash (used in) |                  |                
|operating
      activities:                                    |                  |                
|Decrease
      in Prepaid Expense                              | 300              | -              
|Increase
      (Decrease) in:                                  |                  |                
|Accounts
      Payable and Accrued Expenses                    | 11,764           | (800)          
|                                                               |                  |                
|Cash
      flows (used in) operating activities                | (14,299)         | (8,096)        
|                                                               |                  |                
|Cash
      Flow From Investing Activities                      | -                | -              
|                                                               |                  |                
|Cash
      Flow From Financing Activities                      | -                | -              
|                                                               |                  |                
|                                                               |                  |                
|Net
      (decrease) in cash and cash equivalents              | (14,299)         | (8,096)        
|                                                               |                  |                
|Cash
      and cash equivalents, at beginning of period        | 33,640           | 49,920         
|                                                               |                  |                
|Cash
      and cash equivalents, at end of period              | $
      19,341   | $
      41,824 
|                                                               |                  |                



See
notes to interim unaudited financial statements

3

---

NOTE 1
- NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



Nature
of Business Aberdeen Mining Company ("the Company") is a Nevada
corporation, and the successor of Aberdeen Idaho Mining Company, an Idaho
corporation that was incorporated on April 26, 1947. The Company was organized
to explore for, acquire and develop mineral properties in the State of Idaho.
During the past several years the Company's activities have been confined to
annual assessment and maintenance work on its Idaho mineral properties and other
general and administrative functions. The Company has not generated any
revenues.



Presentation
of Interim Information: The financial information at March 31, 2004 and for
the three months ended March 31, 2004 and 2003 are unaudited but includes all
adjustments (consisting only of normal recurring adjustments) that the Company
considers necessary for a fair presentation of the financial information set
forth herein, in accordance with accounting principles generally accepted in the
United States of America ("U.S. GAAP") for interim financial
information, and with the instructions to Form 10-QSB. Accordingly, such
information does not include all of the information and footnotes required by
U.S. GAAP for annual financial statements. For further information refer to the
Financial Statements and footnotes thereto included in the Company's Annual
Report on Form 10-KSB for the year ended December 31, 2003.



The
results for the three months ended March 31, 2004 may not be indicative of
results for the year ending December 31, 2004 or any future periods.



Net
Loss Per Share Basic net loss per share includes no dilution and is computed
by dividing net loss available to common stockholders by the weighted average
number of common stock outstanding for the period. Diluted net loss per share
does not differ from basic net loss per share due to the lack of dilutive items
in the Company.



NOTE 2
- GOING CONCERN



The
Company's financial statements have been prepared on a going concern basis,
which contemplates the realization of assets and the settlement of liabilities
and commitments in the normal course of business. The Company has incurred
losses of $914,820 since its inception and has no recurring source of revenue.
These conditions raise substantial doubt as to the Company's ability to continue
as a going concern.



Management
is currently involved in active negotiations to obtain additional financing and
actively increasing marketing efforts to increase revenues. The Company
continued existence depends on its ability to meet its financing requirements
and the success of its future operations. The financial statements do not
include any adjustments that might result from the outcome of this uncertainty.



NOTE 3
- SEGMENT INFORMATION



SFAS
No. 131 "Disclosures about Segments of an Enterprise and RelatedInformation"
requires that a publicly traded company must disclose information about its
operating segments when it presents a complete set of financial statements.
Since the Company has not generated any revenues; accordingly, detailed
information of the reportable segment is not presented.



NOTE 4
- NET LOSS PER SHARE



The
following table sets forth the computation of basic and diluted net loss per
share for the periods:



|                                        | 2004             | 2003           
|--------------------------------------- | ---------------- | ---------------
|Numerator:                              |                  |                
|Net
      (Loss)                        | $
      (26,363) | $
      (7,296)
|Denominator:                            |                  |                
|Weighted
      Average Number of Shares | 9,866,500        | 9,866,500      
|                                        |                  |                
|Loss
      per share-Basic and Diluted  | $
      (0.00)   | $
      (0.00) 



5

---

NOTE 5
- GUARANTEES



The
Company from time to time enters into certain types of contracts that
contingently require the Company to indemnify parties against third-party
claims. These contracts primarily relate to: (i) divestiture agreements, under
which the Company may provide customary indemnifications to purchasers of the
Company's businesses or assets; and (ii) certain agreements with the Company's
officers, directors and employees, under which the Company may be required to
indemnify such persons for liabilities arising our of their employment
relationship.



The
terms of such obligations vary. Generally, a maximum obligation is not
explicitly stated. Because the obligated amounts of these types of agreements
often are not explicitly stated, the overall maximum amount of the obligation
cannot be reasonably estimated. Historically, the Company has not been obligated
to make significant payments for these obligations, and no liabilities have been
recorded for these obligations on its balance sheet as of March 31, 2004.



NOTE
6 - SUBSEQUENT EVENTS



Business
Consulting



On
April 20, 2004, the Company and NeoTactix entered into a Business Consulting
Agreement pursuant to which NeoTactix agreed to provide certain business
consulting services to the Company as specified in the Agreement. In exchange
for such services, the Company agreed to issue 9,800,000 shares of the Company's
common stock.



Asset
Purchase



On
May 11, 2004, Aberdeen Mining Company entered into an asset purchase agreement
with Damon's Motorcycle Creations, Inc. ("Seller") to purchase all of
the assets and liabilities of Seller in exchange for 88,879,850 shares of its
common stock, which upon issuance will represent approximately 75% of the
Company's issued and outstanding shares on a diluted basis.



5

---

ITEM 2



MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION



General



This
report contains both historical and prospective statements concerning the
Company and its operations.  Prospective statements (known as
"forward-looking statements") may or may not prove true with the
passage of time because of future risks and uncertainties.  The Company
cannot predict what factors might cause actual results to differ materially from
those indicated by prospective statements.



Plan of
Operations



Aberdeen
Idaho Mining Company was incorporated on April 26, 1946, under the laws of the
State of Idaho. We were organized to explore for, acquire and develop mineral
properties in the State of Idaho. The initial and subsequent efforts in the
acquisition, exploration and development of potentially viable and commercial
mineral properties were unsuccessful. At the date hereof, we own no mineral
interests, rights or claims and have no active business operations.



In
2003, we merged into our wholly-owned Nevada subsidiary, and changed our
corporate domicile from the State of Idaho to the State of Nevada. Our corporate
name was also changed from Aberdeen Idaho Mining Company to Aberdeen Mining
Company.



During
the three-month period ended March 31, 2004, we had no revenues or earnings from
operations. At that time, our business purpose was to hold ourselves out as a
candidate for a potential merger or acquisition.



On
March 8, 2004, we acquired substantially all of the assets and liabilities of
C&M Transportation, Inc., a Kansas corporation ("C&M"),
pursuant to the terms of that certain Asset Purchase Agreement, dated February
26, 2004, by and among the Company, C&M and its sole shareholder, Velocity
Holdings, Inc. (the "C&M Agreement"). Under the terms of the
C&M Agreement, we acquired from C&M substantially all of C&M's
assets (as defined in the C&M Agreement, the "Assets") in exchange
for (i) the issuance and delivery to C&M of Eighty-Eight Million Eight
Hundred Seventy-Nine Thousand Eight Hundred Fifty (88,879,850) shares of our
common stock, $0.001 par value (the "Shares"), and (ii) the assumption
by us of the assumed liabilities (as defined in the C&M Agreement, the
"Assumed Liabilities").



Subsequent
Events



Due to
certain events that have occurred subsequent to the closing of transaction
referenced in the C&M Agreement (the "C&M Transaction"),
including the imposition of a tax lien by the Internal Revenue Service on
certain of the assets and the refusal by First State Bank to further finance the
activities of C&M, the parties to the C&M Agreement have agreed to
unwind and rescind the C&M Transaction. The rescission was accomplished
pursuant to the terms and conditions of that certain Rescission and Mutual
Release Agreement, dated May 6, 2004, by and among the Company, C&M and
Velocity (the "Rescission Agreement"). Under the terms of the
Rescission Agreement, effective upon the date of execution, C&M returned all
of the Shares to us and took back and assumed all of the Assumed Liabilities in
exchange for our return of all of the Assets to C&M.



Shortly
after the rescission of the C&M Transaction, on May 11, 2004, we acquired
substantially all of the assets and liabilities of Damon's Motorcycle Creations,
Inc., a California corporation ("Damon's"), a company specializing in
customizing motorcycles. The transaction was completed pursuant to the terms of
an Asset Purchase Agreement, dated May 11, 2004 (the "Asset
Agreement"), by and among the Company, Damon's, and Damon's sole
shareholders, Thomas Prewitt and Richard Perez (together, the
"Shareholders").



Pursuant
to the terms of the Asset Agreement, we issued 88,879,850 shares of our common
stock (the "Common Shares") to Damon's as consideration for the
transfer to us of substantially all of the assets and liabilities of Damon's.
The 88,879,850 shares issued to Damon's will bear a restrictive legend, and
represent approximately seventy-five percent (75%) of our issued and outstanding
shares at the close of the transaction. As a result of the transaction, Damon's
obtained control of the Company through its ownership of approximately
seventy-five percent (75%) of the Company's outstanding stock. The Shareholders
obtained indirect control of the Company through Damon's ownership of the Common
Shares. No funds, loans or pledges of any kind were involved in the transaction.
This was a stock-for-asset transaction.



6

---

In
evaluating Damon's as a candidate for the proposed acquisition, our directors
considered various factors such as Damon's historic financial performance, the
anticipated potential for growth of the business of Damon's, and the perception
of how the proposed business of Damon's will be viewed by the investment
community. In evaluating the Company, it is believed that the directors,
officers and shareholders of Damon's placed a primary emphasis on our status as
a company without material liabilities, whose common stock was registered under
Section 12(g) of the Securities Exchange Act of 1934, as amended.



Prior
to the negotiation of the Asset Agreement, there was no relationship between the
Company and Damon's, or their respective affiliates, directors or officers, or
any associate of any such director or officer. Our current business plan is to
continue, and to expand, the custom motorcycle development, manufacturing and
marketing business using the assets we acquired from Damon's. We intend to amend
our Articles of Incorporation to change our corporate name to "MotivNation,
Inc.", a name that is more identifiable with the business of Damon's.



In
addition, the Board has removed John Ohle from all officer positions previously
held by him and elected the following persons to serve as the Company's
officers, effective on May 11, 2004.



Thomas
    Prewitt          President

Richard
    Perez            Secretary

Jay
    Isco                    
    Interim Chief Financial Officer

> 

ITEM
3. CONTROLS AND PROCEDURES



(a)Evaluation
of Disclosure Controls and Procedures. Our Chief Executive Officer and Interim
Chief Financial Officer have evaluated the effectiveness of our disclosure
controls and procedures (as such term is defined in Rules 13a-15 and 15d-15
under the Securities Exchange Act of 1934, as amended (the "Exchange
Act")) as of the end of the period covered by this quarterly report (the
"Evaluation Date"). Based on such evaluation, such officers have
concluded that, as of the Evaluation Date, our disclosure controls and
procedures are effective in alerting them on a timely basis to material
information relating to our Company (including our consolidated subsidiaries)
required to be included in our reports filed or submitted under the Exchange
Act.



(b)Changes
in Internal Controls over Financial Reporting. During the most recent fiscal
quarter, there have not been any significant changes in our internal controls
over financial reporting or in other factors that have materially affected, or
are reasonably likely to materially affect, our internal controls over financial
reporting.



7

---

PART
II



ITEM 1.
LEGAL PROCEEDINGS



NONE



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
March 31, 2004, the holders of a majority of our outstanding shares voted to
approve the amendment of our Certificate of Incorporation to change our
corporate name from "Aberdeen Mining Company" to "TransVentory,
Inc." As a result of the rescission of the C&M Transaction, and the
subsequent acquisition of substantially all of the assets and liabilities of
Damon's, we no longer will go forward with our corporate name change to "TransVentory,
Inc." but, instead, intend to change our name to "MotivNation," a
name more identifiable with the business of Damon's.



ITEM 5.
OTHER INFORMATION



This
Report includes discussion regarding events occurring subsequent to the period
covered by this Report. This discussion is included in Item 2 under the
"Subsequent Events" subsection.



ITEM 6.
EXHIBITS AND REPORTS ON FORM 8-K



(a)
 Exhibits



Exhibit
31.1 - Certification by our President required by Rule 13a-14(a) or Rule
15d-14(a).



Exhibit
31.2 - Certification by our Interim Chief Financial Officer required by Rule
13a-14(a) or Rule 15d-14(a).



Exhibit
32.1 - Certification by our President required by Rule 13a-14(b) or Rule
15d-14(b) and section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section
1350.



Exhibit
32.1 - Certification by our Interim Chief Financial Officer required by Rule
13a-14(b) or Rule 15d-14(b) and section 906 of the Sarbanes-Oxley Act of 2002,
18 U.S.C. Section 1350.



(b)
 Reports on Form 8K.



On
January 30, 2004, we announced in a Form 8-K filed with the Securities and
Exchange Commission the completion of our merger with our wholly-owned
subsidiary, Aberdeen Mining Company.



On
March 15, 2004, we announced in a Form 8-K filed with the Securities and
Exchange Commission the acquisition of substantially all of the assets and
liabilities of C&M Transportation, Inc.



On May
13, 2004, we amended our Form 8-K filed on March 15, 2004 filed with the
Securities and Exchange Commission the unwinding and rescission of the C&M
acquisition. In that same Form 8-K/A, we announced the acquisition of
substantially all of the assets and liabilities of Damon's Motorcycle Creations,
Inc.



8

---

SIGNATURES



Pursuant
to the requirements of Section 13 or 15(b) of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.



Dated:
May 24, 2004                                                                  
Aberdeen Mining Company



By: /s/
Thomas Prewitt

Thomas
Prewitt, President



9

---

|INDEX
      TO EXHIBITS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Page                                       
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------
|Exhibit
      31.1 - Certification required by Rule 13a-14(a) or Rule 15d-14(a).
      Exhibit
      31.2 - Certification required by Rule 13a-14(a) or Rule 15d-14(a).
      Exhibit
      32.1 - Certification Required by Rule 13a-14(b) or Rule 15d-14(b) and
      section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350.
      Exhibit
      32.1 - Certification Required by Rule 13a-14(b) or Rule 15d-14(b) and
      section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350. | 11
      12
      
      13
      
      14