FORM 10-QSB

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

(Mark One)

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

                  For the quarterly period ended September 30, 2000

( ) 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 000-26233

                                 Techlabs, Inc.
                            ------------------------
        (Exact name of small business issuer as specified in its charter)

                                     Florida
                            ------------------------
         (State or other jurisdiction of incorporation or organization)

                                   65-0843965
                            ------------------------
                        (IRS Employer Identification No.)

     2400 West Cypress Creek Road, Suite 100, Fort Lauderdale, Florida 33309
                 -----------------------------------------------
                    (Address of principal executive offices)

                                  954-630-0027
                            -------------------------
                           (Issuer's telephone number)

                                 Not applicable
                            -------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)



<PAGE>


     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days. Yes(x) No( ).

     State the number of shares  outstanding of each of the issuer's  classes of
common equity,  as of the latest  practicable  date. As of November 9, 2000, the
registrant had issued and outstanding 7,820,000 shares of common stock.

     Transitional Small Business Disclosure Format (check one). Yes ( ) No (x)

     This  discussion  in  this  quarterly  report  regarding  Techlabs  and our
business   and   operations   contains   "forward-looking   statements."   These
forward-looking  statements use words such as "believes,"  "intends," "expects,"
"may," "will," "should," "plan," "projected," "contemplates,"  "anticipates," or
similar  statements.  These  statements  are  based on our  beliefs,  as well as
assumptions  we have used  based upon  information  currently  available  to us.
Because these  statements  reflect our current views  concerning  future events,
these statements  involve risks,  uncertainties  and assumptions.  Actual future
results   may  differ   significantly   from  the  results   discussed   in  the
forward-looking  statements.  A reader, whether investing in our common stock or
not, should not place undue reliance on these forward-looking statements,  which
apply only as of the date of this annual report.

     When used in this  Quarterly  Report  on Form  10-QSB,  "Techlabs,",  "we,"
"our," and "us" refers to Techlabs Inc. and our  subsidiaries  Interplanner.com,
Inc. ("Interplanner"), StartingPoint.com, Inc. ("MyStartingPoint"), InternetChic
Marketing, Inc. ("InternetChic Marketing"),  Tech Capital, Inc. ("Tech Capital")
and Tech Investments, Inc. ("Tech Investments").


<PAGE>

                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.

                          INDEX TO FINANCIAL STATEMENTS

                                                                     Page Number

Consolidated Balance Sheets at September 30, 2000 (unaudited)
        and December 31, 1999..................................................4

Consolidated Statements of Operations for the three months
        and nine months ended September 30, 2000 (unaudited)
         and 1999 (unaudited)..................................................5

Consolidated Statements of Changes in Stockholders' Equity.....................6

Consolidated Statements of Cash Flows for the
         nine months ended September 30, 2000 (unaudited)
         and 1999 (unaudited)..................................................7

Notes to Consolidated Financial Statements (unaudited).........................8


<PAGE>
<TABLE>
<CAPTION>

                         Techlabs, Inc. and Subsidiaries
                           Consolidated Balance Sheets

                                                                                 (UNAUDITED)
                                                                                September 30,           December 31,
                                                                                     2000                   1999
                                                                             ---------------------    -----------------
ASSETS
<S>                                                                          <C>                      <C>
Current Assets
    Cash                                                                   $               27,215   $                -
    Prepaid Expenses                                                                       21,250               75,000
    Marketable equity securities                                                           83,707            3,130,000
                                                                             ---------------------    -----------------

     Total Current Assets                                                                 132,172            3,205,000

Property and  Equipment, net                                                            1,082,418            1,112,218

Intangible and Other Assets
    Deposits and other                                                                      5,503                5,503
    Investment securities                                                                 725,000               50,000
    Intangibles                                                                           850,000            1,000,000
                                                                             ---------------------    -----------------

                                                                           $            2,795,093   $        5,372,721
                                                                             =====================    =================


LIABILITIES AND STOCKHOLDER'S EQUITY

Current Liabilities
    Accounts payable                                                       $              443,882   $          261,805


Long-term Notes Payable to Stockholders                                                   937,391              732,941
                                                                             ---------------------    -----------------

     Total Liabilities                                                                  1,381,273              994,746

STOCKHOLDERS' EQUITY
    Preferred stock - special class A ($.001 par value, 12,500,000 shares
       authorized, 9,000,000 shares issued and outstanding)                                 9,000                9,000
    Common stock ($.001 par value, 50,000,000 shares
       authorized, 7,835,000 shares issued and outstanding)                                 7,835                7,335
    Additional paid-in capital                                                          5,596,504            4,639,335
    Accumulated deficit                                                                (4,051,656)            (277,695)
                                                                             ---------------------    -----------------

                                                                                        1,561,683            4,377,975
    Less: Stockholder note receivable                                                    (147,863)                   -
                                                                             ---------------------    -----------------

     Total Stockholders' Equity                                                         1,413,820            4,377,975
                                                                             ---------------------    -----------------

                                                                           $            2,795,093   $        5,372,721
                                                                             =====================    =================
</TABLE>

The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.
                                       4

<PAGE>
<TABLE>
<CAPTION>

                         Techlabs, Inc. and Subsidiaries
                      Consolidated Statements of Operations

                                                                (UNAUDITED)                       (UNAUDITED)
                                                             Three Months Ended                Nine Months Ended
                                                               September 30,                     September 30,
                                                         2000             1999               2000              1999
                                                     -------------    --------------    ---------------    -------------
<S>                                                  <C>              <C>               <C>                <C>
Revenue
   Net revenues                                    $       26,879   $             -   $         58,856   $            -

Operating Expenses
   Cost of revenues                                        31,297                 -            103,978                -
   Other general and administrative                       216,659            57,295            747,670          293,438

                                                     -------------    --------------    ---------------    -------------
     Total operating expenses                             247,956            57,295            851,648          293,438

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

Operating loss                                           (221,077)          (57,295)          (792,792)        (293,438)

Other Income (Expense)
   Interest income                                          2,841                 -              5,813                -
   Realized loss on trading securities                   (209,545)                -           (255,696)               -
   Unrealized loss on trading securities                 (338,050)          523,600         (2,731,286)         523,600

                                                     -------------    --------------    ---------------    -------------
     Total other income                                  (544,754)          523,600         (2,981,169)         523,600

Loss before provision for income taxes
   and cumulative effect of change
     in accounting principle                             (765,831)          466,305         (3,773,961)         230,162

Provision for income taxes                                      -                 -                  -                -
                                                     -------------    --------------    ---------------    -------------

Loss before cumulative effect of
   change in accounting principle                        (765,831)          466,305         (3,773,961)         230,162

Cumulative effect of change in
     in accounting principle                                    -                 -                  -           (8,849)
                                                     -------------    --------------    ---------------    -------------

Net Loss                                           $     (765,831)          466,305   $     (3,773,961)         221,313
                                                     =============    ==============    ===============    =============
Earnings per share:
  Basic and diluted
    Before cumulative effect of change
      in accounting principle                      $        (0.10)  $          0.07   $          (0.50)            0.04
                                                     =============    ==============    ===============    =============
Net income (loss) and comprehensive income
         (loss) per common share                   $        (0.10)  $          0.07   $          (0.50)            0.04
                                                     =============    ==============    ===============    =============

Basic and diluted weighted average
       shares outstanding                               7,825,145         6,600,000          7,621,715        5,533,120

</TABLE>

The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.
                                       5
<PAGE>
<TABLE>
<CAPTION>

                         Techlabs, Inc. and Subsidiaries
           Consolidated Statements of Changes in Stockholders' Equity




                                   Preferred Stock         Common Stock         Additional                  Stockholder
                                 ---------------------  ---------  ---------     Paid-In     Accumulated       Note
                                   Shares      Amount    Shares      Amount      Capital       Deficit      Receivable      Total
                                 -----------  --------  ---------  ---------  ------------  -------------  ------------  -----------
<S>                                <C>         <C>          <C>        <C>        <C>         <C>            <C>           <C>
Balance, January 1, 1999, audited         -   $     -   1,100,000  $  1,100   $    24,900   $          -   $         -   $   26,000

February, 1999:
 Issuance of restricted shares
  to founders for $1,500 cash and
   $118,500 in compensation.                            1,500,000     1,500       118,500                                   120,000
Conversion of common
 shares into preferred shares     9,000,000     9,000  (1,000,000)   (1,000)       (8,000)                                        0

Issuance of shares under private
 placement offerings -
  March 1999, at $.10 per share
   net of offering costs of $7,830                      5,000,000     5,000       487,170                                   492,170
  April 1999, at $1.00 per share                          230,000       230       229,770                                   230,000

April, 1999 issuance of:
 Restricted shares for services                             5,000         5        37,495                                    37,500
 Shares for investment securities                         250,000       250     2,249,750                                 2,250,000

December, 1999:
 Shares issued in asset
  acquisition                                             250,000       250     1,499,750                                 1,500,000

Net loss and comprehensive
 loss                                                                                          (277,695)                   (277,695)
                                 ----------   --------  ---------  ---------  ------------  ------------  ------------  ------------

Balance, December 31, 1999        9,000,000     9,000   7,335,000     7,335     4,639,335      (277,695)                  4,377,975

Stock options exercised                                    60,000        60       142,025                                   142,085

Shares issued for services                                140,000       140       140,444                                   140,584

Shares issued for investment
 securities                                               300,000       300       674,700                                   675,000

Note receivable from stockholder                                                                             (147,863)     (147,863)

Net loss and comprehensive loss                                                              (3,773,961)                 (3,773,961)
                                 ----------   --------  ---------  ---------  ------------  ------------  ------------  ------------

Balance, September 30, 2000,
 unaudited                        9,000,000   $ 9,000   7,835,000  $  7,835   $ 5,596,504   $(4,051,656)  $  (147,863)  $ 1,413,820
                                 ==========   ========  =========  =========  ============  ============  ============  ============
</TABLE>

The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements
                                       6
<PAGE>
<TABLE>
<CAPTION>

                         Techlabs, Inc. and Subsidiaries
                      Consolidated Statements of Cash Flows


                                                                                                (UNAUDITED)
                                                                                             Nine Months Ended
                                                                                               September 30,
                                                                                      2000                      1999
                                                                               -------------------     -----------------------
Operating Activities
<S>                                                                          <C>                     <C>
      Net loss                                                               $         (3,773,961)   $               (302,287)
      Adjustments to reconcile net loss to
       net cash used in operating activities
          Unrealized loss (gain) on securities                                          2,731,286                           -
          Realized loss (gain) on securities                                              255,696
          Cumulative effect of change in accounting principle                                   -                       8,849
          Common stock issued for compensation                                            140,584                     156,000
          Amortization and depreciation                                                   275,000                           -
          Changes in operating assets and liabilities:
              Decrease (increase) in prepaid expenses                                      47,972                           -
              Increase in other receivable                                                      -                      (4,364)
              Increase in accounts payable                                                182,077                     319,025

                                                                               -------------------     -----------------------
                Net Cash Used in Operating Activities                                    (141,346)                    177,223

Investing Activities
      Web site development costs                                                          (95,200)                   (320,630)
      Purchase of marketable securities                                                         -                    (677,000)
      Proceeds from stock sales                                                            59,311                           -
      Deposits                                                                                  -                           -
                                                                               -------------------     -----------------------
                Net Cash Used in Investing Activities                                     (35,889)                   (997,630)

Financing Activities
      Advances from stockholders                                                          204,450                     152,941
      Proceeds from sale of stock                                                               -                     723,670
                                                                               -------------------     -----------------------
                Net Cash Provided by Financing Activities                                 204,450                     876,611
                                                                               -------------------     -----------------------

                Change in Cash and Cash Equivalents                                        27,215                      56,204

Cash and cash equivalents, beginning of period                                                  0                      15,000
                                                                               -------------------     -----------------------

Cash and cash equivalents, end of period                                     $             27,215    $                 71,204
                                                                               ===================     =======================
</TABLE>


The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.
                                       7



<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 1 - Significant Accounting Policies

         Business.   The  accompanying   unaudited  condensed  and  consolidated
financial  statements of Techlabs,  Inc. (the  "Company")  have been prepared in
accordance with generally accepted  accounting  principles for interim financial
information  and  with  the  instructions  to  Form  10-QSB  and  Article  10 of
Regulation  S-X.  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 three  month and nine month  periods
ended September 30, 2000 are not necessarily  indicative of the results that may
be  expected  for  the  fiscal  year  ending  December  31,  2000.  For  further
information,   refer  to  the  audited  consolidated  financial  statements  and
footnotes  thereto for the fiscal year ended  December 31, 1999  included in the
Company's Annual Report on Form 10-KSB.

         Basis of Presentation.   The consolidated financial  statements include
the  accounts of the Company  (formerly a  development  stage  company)  and its
wholly owned subsidiaries,  Interplanner.com,  Inc., Starting Point.com, Inc and
Internetchic.com,   Inc.  All  material  intercompany   transactions  have  been
eliminated.

         Property and  Equipment.  Property and  equipment at September 30, 2000
consisted  principally  of web-sites and related costs.  Depreciation  on assets
placed  in  service  is  determined  using  the  straight-line  method  over the
estimated  useful  lives of the related  assets.  Significant  improvements  are
capitalized while maintenance and repairs are expensed as incurred. At September
30, 2000,  the Company had  capitalized  approximately  $707,418 in  development
costs related to Interplanner.com's  calendar technology. The Company will begin
depreciating the related costs over a three-year period in the fourth quarter of
fiscal 2000 pursuant to the Company's full-scale launch of the site. The Company
is  depreciating  the  remaining  $500,000  related to the  purchased  assets of
Starting Point.com over a three year period and recorded  approximately  $42,000
and $125,000 in expense for the three and nine month periods ended September 30,
2000.

         On an  ongoing  basis,  management  reviews  the  value  and  period of
amortization or depreciation of long-lived assets,  including costs in excess of
net assets of subsidiaries acquired. During this review, the Company reevaluates
the  significant  assumptions  used in assessing the carrying cost of long-lived
assets. Although the


                                       8
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 1 - Significant Accounting Policies (continued)

assumptions  may vary from  transaction to transaction,  they generally  include
revenue growth,  operating  results,  cash flows and other  indicators of value.
Management then determines whether any adjustment is then required for permanent
impairment of the value of long-lived  assets based upon events or circumstances
which have occurred since acquisition.

         Intangibles. Intangible assets consist of domain names, trade names and
contracts  related  to a  purchased  Internet  web portal  site and  meta-search
technology.  Amortization for intangibles is determined using the  straight-line
method  over a five  year  period.  Amortization  expense  totaled  $50,000  and
$150,000 for the three and nine month periods ended September 30, 2000.

         Investment Securities. Investment securities consist of both securities
for  which  there  is no  readily  determinable  market  and  marketable  equity
securities.  Investments for which there is no readily determinable market value
are included on the  accompanying  September 30, 2000 balance sheet among "Other
Assets" at cost. Dividends from those securities  distributed to the Company are
included  in  income to the  extent  they  represent  earnings  of the  investee
company.  Dividends  in excess of earnings  are  treated as a  reduction  in the
investment,  and  indications  of an  other-than-temporary  decline in value are
treated as a reduction in the carrying value of the investment.

         Marketable   equity   securities  are  classified  into  one  of  three
categories: trading, available-for-sale, or held-to-maturity. Trading securities
are  acquired and held  principally  for the purpose of selling them in the near
term.  Held-to-maturity securities are those securities that the Company has the
ability and intent to hold to maturity. All other securities not included in the
trading or held-to-maturity categories are available- for-sale securities.

         Management  determines  the  appropriate  classification  of marketable
investment securities at the time they are acquired and evaluates the continuing
appropriateness  of the  classification  at each  balance  sheet  date.  Trading
securities,  consisting  primarily of actively  trading equity  securities,  are
stated  at  fair  value.   For  valuing   trading   securities   with  temporary
restrictions,  management  considers  the effects on quoted market prices of the
temporary  restrictions  in light of the  volatility  in prices of the  specific
security. Realized and unrealized gains and losses are included in income.


                                       9
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 1 - Significant Accounting Policies (continued)

         Earnings  Per Share.  Basic  earnings  per share  (EPS) is based on the
weighted average number of common shares  outstanding  during the year,  whereas
diluted EPS also gives effect to all dilutive  potential common shares,  if any,
that  were  outstanding  during  the  period.  At the  date of  these  financial
statements, all of the Company's contingent shares were anti-dilutive.

         Recent  Accounting  Pronouncements.  Statement of Financial  Accounting
Standards No. 133 (SFAS 133) establishes  accounting and reporting standards for
derivative  instruments,  including certain derivative  instruments  embedded in
other  contracts,  and for  hedging  activities.  It  requires  that  an  entity
recognize all  derivatives  as either assets or liabilities on the balance sheet
at their fair value.  This  statement,  as amended by SFAS 137, is effective for
financial statements for all fiscal quarters of all fiscal years beginning after
September 15, 2000. Because it does not currently invest in derivative financial
instruments  or engage in hedging  activities,  the Company  does not expect the
adoption of this standard to have a material  impact on its financial  position,
results of operations or cash flows.

         The Company has adopted the  provisions  of Statement of Position  98-1
"Accounting  for the  Costs of  Computer  Software  Developed  or  Obtained  for
Internal Use." Accordingly,  the Company has capitalized external costs incurred
at September 30, 2000 of $707,418 to acquire and develop customized software and
an Internet web-site for internal use.

         The Company has adopted Statement of Financial Accounting Standards No.
131  (SFAS  131)  "Disclosures  about  Segments  of an  Enterprise  and  Related
Information." SFAS 131 changes the way public companies report information about
segments of their  business in their annual  financial  statements  and requires
them to report selected segment information in their quarterly reports issued to
stockholders.  It also requires  entity-wide  disclosures about the products and
services an entity provides, the material countries in which it holds assets and
reports  revenues  and its  major  customers.  The  Company  does  not  have any
reportable segments.

Note 2 - Cumulative Effect of Change in Accounting Principle

         Statement  of  Position  98-5,  Reporting  on  the  Costs  of  Start-Up
Activities  ("SOP  98-5"),  was  issued by the  Accounting  Standards  Executive
Committee of the American


                                       10
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 2 - Cumulative Effect of Change in Accounting Principle (continued)

Institute of Certified  Public  Accountants,  was  effective  for the Company in
1999.  SOP 98-5 required the Company,  in 1999, to expense costs  capitalized in
1998 associated with start-up activities. Adoption of SOP 98-5 also required the
Company to report the effects of applying SOP 98-5 as a  cumulative  effect of a
change in accounting principles in its September 30, 1999 financial statements.

Note 3 - Statement of Cash Flows Supplemental Disclosure

         During the nine months ended  September 30, 2000 and 1999,  the Company
paid no interest or income taxes,  and the following  transactions not affecting
cash occurred:

         (a)      The  Company  recorded  $2,731,286  in  unrealized  losses  on
                  trading securities during the nine months ended  September 30,
                  2000.

         (b)      The Company issued 1,500,000  shares of its restricted  common
                  stock  as  founders'  stock,  valued  at  $120,000,  of  which
                  $118,500 was  non-cash  compensation  for services  during the
                  nine months ended September 30, 1999.

         (c)      The Company  issued 60,000 shares of its common stock pursuant
                  to the stock option plan to three  employees of the Company in
                  exchange  for  promissory  notes  totaling  $142,085  and cash
                  proceeds of $35.

         (d)      The  Company issued 140,000 shares of its common stock, valued
                  at  $140,584,  for  services  during  the  nine  months  ended
                  September 30, 2000.

         (e)      The Company issued 300,000 shares of its common stock,  valued
                  at  $675,000  for a  minority  interest  in a  privately  held
                  company during the nine months ended September 30, 2000.

Note 4 - Investment Securities

         In April 1999,  the  Company  purchased  1,000,000  shares of preferred
stock in  TheBigHub.com,  Inc.  for $627,000 in cash.  In addition,  the Company
issued 250,000 shares of its common stock  valued  at  $2,250,000  primarily  in


                                       11
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 4 - Investment Securities (continued)

consideration  for the conversion of the preferred  stock for an equal number of
shares of  TheBigHub.com,  Inc. common stock.  Additionally  the Company entered
into a marketing alliance with the BigHub.com.

         These marketable equity  securities  contain legal  restrictions  which
began  lapsing in April 2000 and limit the number of shares that may be disposed
of at any one time by the Company.  During the nine months ended  September  30,
2000,  the  Company   liquidated  a  portion  of  these  securities  and  it  is
management's intent is to continue to liquidate its position in these securities
in the near  term.  Accordingly,  these  securities  are  classified  as trading
securities and are comprised as follows:

Among Current Assets:

Trading securities:
         Marketable equity securities, at cost                $ 2,877,000
         Gross unrealized loss                                 (2,793,293)
                                                              -------------
         Marketable equity securities,
         at fair value                                        $    83,707
                                                              =============

         In May 1999, the Company purchased for cash  consideration of $50,000 a
minority interest consisting of 50,000 shares of convertible  preferred stock in
Focalex, Inc., a privately held company. The investment was recorded at cost and
is included in the balance sheet at September 30, 2000 in other assets.

         On April 12,  2000,  the  Company  acquired  a 25% equity  interest  in
HandRes,  Inc. in exchange for 300,000 shares of the Company's restricted common
stock valued at $675,000 based on the closing bid price for the Company"s common
stock at the date of the transaction.  HandRes, Inc. is a developer and provider
of Web-based software  applications,  including reservation and business-related
Internet content, targeted to wireless handheld device users. The investment was
recorded at cost and is included in the balance  sheet at September  30, 2000 in
other assets.


                                       12
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 5 - Acquisition of Assets of Starting Point, LLC

         In December 1999, the Company  completed its purchase of certain assets
of Starting Point, LLC, from its parent company, Yesmail.com, Inc. (Yesmail), in
exchange  for 250,000  shares of the  Company's  restricted  common  stock.  The
purchased  assets  consist  principally  of search engine  technologies,  domain
names, trade names and contracts related to Starting Point's web portal site and
meta-search  technology.   As  part  of  the  purchase  agreement,  the  Company
guaranteed  the value of its shares issued to Yesmail would have a minimum value
of $1.5 million one year after the date of the transaction (Note 7).

         The purchase price of $1,500,000 was allocated $500,000 to the web-site
and $1,000,000 to  intangibles  consisting  principally  of domain names,  trade
names and contracts.  Depreciation and amortization expense totaling $91,667 and
$275,000 was recorded for the three and nine month periods  ended  September 30,
2000 related to the purchased assets. During the nine months ended September 30,
2000, the Company created a wholly owned subsidiary, Starting Point.com, Inc.

Note 6 - Commitments and Contingencies

         As discussed at Note 5, the Company acquired certain assets  ("assets")
in exchange for 250,000  shares of its  restricted  common  stock.  These shares
carry with them "piggyback" registration rights.  Additionally,  the Company has
guaranteed  a  minimum  value of  $1,500,000  for the  250,000  shares  given in
exchange for the assets,  such value to be determined as of the close of trading
one year from the date of the acquisition on December 7, 1999. Any deficiency in
the price of the Company's common stock is to be satisfied  through the issuance
of additional  shares.  The per share  closing  price of the Company's  stock at
September 30, 2000 was $.25 indicating a deficiency of approximately  $1,437,500
between the guaranteed value and the value of the stock given at the transaction
date.

         In September 2000 the Company filed a complaint against Xpedior,  Inc.,
Techlabs,  Inc. vs.  Xpedior,  Inc., case number  00-015612(14),  in the Circuit
Court of the 17th Judicial Circuit in and for Broward County, Florida,  alleging
breach of contract  related to its  engagement to complete the Beta portion of a
website,  including  determining the requirements,  designing and developing the
program. In its complaint, the Company is seeking compensatory damages in excess
of  $15,000,  and an award of  interest,  attorneys'  fees and court  costs.  In
October  2000 Xpedior  filed an answer,  affirmative  defenses and  counterclaim
against the Company in which Xpedior claims the Company's breach of the contract
for failure to pay Xpedior an additional  $172,050 which it alleges is due under
the contract.  Xpedior is seeking compensatory damages in excess of $15,000, and
an award of interest,  attorneys'  fees and court costs.  At this juncture,  the
Company cannot accurately predict the outcome of this litigation,  or provide an
estimate of the amount or range of potential loss to it, if any.

Note 7 - Stockholders' Equity

         During the nine months ended  September 30, 2000, the Company issued to
three  employees  60,000 shares of common stock for $2.37 per share  pursuant to
the Company's stock option plan. Cash proceeds from the issuance of these shares
were $35 and the Company  accepted  promissory  notes totaling  $145,022 for the
balance.

                                       13
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 7 - Stockholders' Equity (continued)

         During the nine months ended September 30, 2000, the Company acquired a
25% equity  interest in HandRes,  Inc.  in  exchange  for 300,000  shares of the
Company's restricted common stock valued at $675,000.

         During the nine months ended  September  30, 2000,  the Company  issued
140,000 shares of its common stock valued at $140,584 for professional services.

         During the nine months ended  September 30, 1999 the Company  issued to
its founders, including 750,000 shares to an officer, 1,500,000 shares of common
stock  valued at $.08 per share and subject to  continuing  legal  restrictions.
Cash  proceeds  from the  issuance  of these  shares were $1,500 and the Company
recognized expense of $118,500 for the balance.

         During the nine months ended  September 30, 1999, the Company sold in a
private placement exempt from registration,  1,500,000 shares of common stock at
$.10 per share.  Available  with  these  shares  were  options  to  purchase  an
additional  3,500,000  shares also at a purchase price of $.10 per share.  These
options were later  exercised,  resulting  in aggregate  proceeds to the Company
from the two blocks of $492,170.

Note 8 - Related Party Transactions

         During the nine months ended September 30, 1999, the Company  converted
1,000,000  shares of the founders common stock into 9,000,000  shares of Class A
special preferred stock.

         During the nine months ended September 30, 2000,  certain  stockholders
in the  Company  made  cash  advances  totaling  $204,450  in  order to meet the
Company's  operational  needs.  These  advances at  September  30, 2000  totaled
$937,391  and are  included  in the balance  sheet under the caption  "Long-term
Notes Payable to Stockholders".

Note 9 - Subsequent Events

In October  2000  Techlabs  entered  into an Exclusive  License  Agreement  with
Outcome Mail, N.V. covering Techlabs' StartingPoint.com and Interplanner.com web
sites. Under the terms of this agreement,  Outcome Mail was granted an exclusive
license to operate

                                       14
<PAGE>

                                 Techlabs, Inc.
                   Notes to Consolidated Financial Statements
                                   (unaudited)

Note 9 - Subsequent Events (continued)

these web sites and in conjunction therewith is responsible for paying all costs
associated  with the  maintenance,  hosting,  upgrades  and  similar  costs.  As
compensation  for their services,  Outcome Mail is entitled to retain 75% of the
net  revenues  from these  sites.  Techlabs  retains the rights to the  existing
revenue  streams prior to the date of the license,  as well as all  intellectual
property rights associated with these sites.

Item 2.

Management's Discussion and Analysis or Plan of Operation

Results of Operations

         Net revenues for the three months and nine months ended  September  30,
2000  increased to $26,879 and $58,856,  respectively,  from the same periods in
the prior fiscal year. We were still in the  development  stage during the three
months and nine months ended  September  30, 1999 and reported no revenues.  The
increase in revenues was  attributable  to advertising  revenues  generated from
MyStartingPoint.com, Inc. and Interplanner.com.

         Other  general  and  administrative  expenses  increased  $159,364,  or
approximately  278%,  in the three  months  ended  September  30,  2000 from the
corresponding  period  in  fiscal  1999.  General  and  administrative  expenses
increased  $454,232,  or approximately 155%, for the nine months ended September
30,  2000 from the nine  months  ended  September  30,  1999.  Included in other
general and  administrative  expenses at September  30, 2000 is a  non-recurring
$133,000 non-cash charge related to stock compensation paid to an officer, and a
non-recurring  $118,000 non-cash charge related to stock compensation paid to an
investment banking firm. Giving effect to these non-cash charges,  other general
and  administrative  expenses  increased  $203,232  in the first nine  months of
fiscal 2000.  This increase is primarily  attributable  to the initial launch of
Interplanner.com  during  the  second  quarter  of fiscal  2000,  including  our
co-branded  calendar  service with Free  Internet.com,  together  with  employee
salaries and related costs.


                                       15
<PAGE>

         During  the  second  quarter of fiscal  2000 we began  liquidating  our
position in the marketable  equity  securities of the BigHub.com,  Inc. Realized
loss on trading securities, which represents the difference between the carrying
value of the  security at March 31,  2000 and amount we  received  upon its sale
during the three months and nine months ended  September 30, 2000,  was $209,545
and  $255,696,  respectively.  The  unrealized  loss on trading  securities  was
$338,050  and  $2,731,296,  respectively,  for the three  months and nine months
ended  September  30,  2000.  Unrealized  loss  on  trading  securities  is  the
difference  in the fair market value of the stock at September 30, 2000 from its
fair market value at June 30, 2000, as to the three months  ended,  and December
31,  1999 as to the nine  months  ended.  The  non-cash  loss is a result of the
decrease in the market value at September 30, 2000 compared to December 31, 1999
of holdings in the common stock of the BigHub.com, Inc.

         As a result of all the above,  we reported a net loss of  $765,831  and
$3,773,961, respectively, for the three and nine months ended September 30, 2000
from the comparable periods in fiscal 1999.

Liquidity and Capital Resources

         We have a working  capital deficit of $372,822 at September 30, 2000 as
compared to working  capital of $2,210,254  at December 31, 1999.  Approximately
$3,046,293 of the decrease in working  capital is  attributable to a decrease at
September 30, 2000 in the market value of our holdings in the  BigHub.com,  Inc.
from the market value of those securities at December 31, 1999.

         Our principal sources of capital during the first nine months of fiscal
2000 were from stockholder advances totaling $204,450 and proceeds from the sale
of  investment  securities  of  $59,311.  Other than  working  capital  which is
available to us from the liquidation of the marketable  equity securities we own
in the BigHub.com,  Inc. and working capital  generated from our operations,  we
currently have no source for working capital to fund our current operations.  In
order to provide sufficient cash to fund our operations at their current levels,
we may be forced to continue  liquidating  the marketable  securities we hold in
the  BigHub.com,  Inc. at a time when the stock price of the BigHub.com is lower
than it has been in recent months.

         If we are to pursue the further implementation of our business plan, we
will  be  required  to  make  various  capital   expenditures  to  continue  the
development of our  subsidiaries'  operations during the balance of fiscal 2000.
As of the date of this  quarterly  report,  we estimate the total costs of these
capital  expenditures will be approximately $3 million to $5 million. We will be
required to raise additional  capital during the next 12 months to satisfy these
cash  requirements.  In May 2000 we hired an investment  banking firm to consult
with us on a variety of matters,  including matters related to an equity capital
raise. At this time,  however,  we have no agreements or understanding  with any
third parties regarding additional capital, and we cannot guarantee that we will
be successful in obtaining capital upon terms acceptable to us, if at all.


                                       16
<PAGE>

         As a result  of the  uncertainty  in our  ability  to raise  sufficient
capital to continue the  implementation  of our business  plan, we have begun to
explore  opportunities  for a business  combination  with an operating  company.
Because  of our  limited  revenues  and need for  additional  capital to further
develop our  businesses,  it is possible  that such a business  combination,  if
pursued,  may result in a change of control of Techlabs.  As of the date of this
quarterly report, we have no binding agreements or understandings  regarding any
merger or acquisition  transactions with any third parties, and we are unable to
predict  at  this  time  the  terms  or  conditions  of  any  proposed  business
combination if we should elect to pursue this strategy.

                           PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.

         In September 2000 Techlabs  filed a complaint  against  Xpedior,  Inc.,
Techlabs,  Inc. vs.  Xpedior,  Inc., case number  00-015612(14),  in the Circuit
Court of the 17th Judicial Circuit in and for Broward County, Florida,  alleging
breach of contract  related to its  engagement to complete the Beta portion of a
website,  including  determining the requirements,  designing and developing the
program. In its complaint, Techlabs is seeking compensatory damages in excess of
$15,000,  and an award of interest,  attorneys' fees and court costs. In October
2000 Xpedior  filed an answer,  affirmative  defenses and  counterclaim  against
Techlabs in which Xpedior claims Techlabs' breach of the contract for failure to
pay Xpedior an additional  $172,050  which it alleges is due under the contract.
Xpedior is seeking  compensatory  damages in excess of $15,000,  and an award of
interest,  attorneys'  fees and court costs.  At this juncture,  Techlabs cannot
accurately predict the outcome of this litigation, or provide an estimate of the
amount or range of potential loss to it, if any.

Item 2.  Changes in Securities and Use of Proceeds.

         During the three  months  ended  September  30,  2000,  an officer  and
director of Techlabs exercised  outstanding  options to acquire 20,000 shares of
common stock which had been previously granted to him under Techlabs' 1999 Stock
Incentive Plan. The employee is an accredited investor.

Item 3.  Defaults Upon Senior Securities

                  None.

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

                  None.

                                       17
<PAGE>

Item 5.  Other Information.

         In October 2000 Techlabs  entered into an Exclusive  License  Agreement
with   Outcome   Mail,   N.V.   covering   Techlabs'    StartingPoint.com    and
Interplanner.com web sites. Under the terms of this agreement,  Outcome Mail was
granted  an  exclusive  license to  operate  these web sites and in  conjunction
therewith is responsible for paying all costs  associated with the  maintenance,
hosting, upgrades and similar costs. As compensation for their services, Outcome
Mail is entitled to retain 75% of the net revenues  from these  sites.  Techlabs
retains  the rights to the  existing  revenue  streams  prior to the date of the
license,  as well as all  intellectual  property  rights  associated  with these
sites.

         A copy of this one year license  agreement is attached as Exhibit 10 to
this Quarterly Report on Form 10-QSB.

         On November 13, 2000 Jayme Dorrough was elected to Techlabs'  board  of
directors.  Mrs.  Dorrough  is the sole  officer  and sole  director  of Yucatan
Holding Company, a Florida  corporation which is a principal  shareholder of the
Techlabs'.  Mrs.  Dorrough,  32, has been an  officer  and  director  of Yucatan
Holding Company, a corporate holding company, since 1994.

Item6.   Exhibits and Reports on Form 8-K.

         (a)        Exhibits

No.                 Description

10                  Exclusive  License  Agreement  dated October 12, 2000 by and
                    between    Techlabs,    Inc.,    StartingPoint.com,    Inc.,
                    Interplanner.com, Inc., and Outcome Mail, N.V.

27                  Financial Data Schedule

         (b)        None.


                                       18
<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.

                                          Techlabs, Inc.,
                                          a Florida corporation

Date: November 9, 2000                    /s/ Thomas J. Taule
                                          --------------------------------------
                                          Thomas J. Taule,
                                          President and Chief Executive Officer



                                       19
<PAGE>



                                INDEX TO EXHIBITS

No.                 Description

10                  Exclusive  License  Agreement  dated October 12, 2000 by and
                    between    Techlabs,    Inc.,    StartingPoint.com,    Inc.,
                    Interplanner.com, Inc., and Outcome Mail, N.V.


27                  Financial Data Schedule