UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549

FORM
  10-QSB

[
      X
      ]
      Quarterly
        Report pursuant to Section 13 or 15(d) of the Securities Exchange Act
        of 1934For
        the quarterly period endedAugust
        31, 2002[
      
      ]
      Transition
        Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934For
        the transition period to _______________ to ________________________


Commission
  File Number000-30965

URBANFIND,
  INC.

---

(Exact
  name of small Business Issuer as specified in its charter)


Delaware
      
      91-1980708(State or other
        jurisdiction of
      
      (IRS
        Employer Identification No.)incorporation
        or organization)2009 Iron StreetBellingham, Washington
      
      98225(Address of principal
        executive offices)
      
      (Postal
        or Zip Code)Issuers telephone
        number, including area code:
      
      360-647-3170


None

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(Former
  name, former address and former fiscal year end, if changed since last report)


Check
  whether the issuer (1) 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 issuer 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:10,433,037 shares of common stock,
  $0.0001 par value outstanding as of August 31, 2002.

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PART
  1  FINANCIAL INFORMATION

Item 1. Financial Statements

The accompanying
  unaudited financial statements have been prepared in accordance with the instructions
  to Form 10-QSB and Item 310 (b) of Regulation S-B, and, therefore, do not include
  all information and footnotes necessary for a complete presentation of financial
  position, results of operations, cash flows, and stockholders equity in
  conformity with generally accepted accounting principles. In the opinion of
  management, all adjustments considered necessary for a fair presentation of
  the results of operations and financial position have been included and all
  such adjustments are of a normal recurring nature. Operating results for the
  three months ended August 31, 2002 are not necessarily indicative of the results
  that can be expected for the year ending February 28, 2003.

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URBANFIND, INC.(A Development Stage Company)

FINANCIAL STATEMENTS

AUGUST 31, 2002(Unaudited)
  (Stated in U.S. Dollars)



---

URBANFIND, INC.
  (A Development Stage Company)

BALANCE SHEET(Unaudited)
  (Stated in U.S. Dollars)

|                                                         |                 |          |                   |          
|-------------------------------------------------------- | --------------- | -------- | ----------------- | ---------
|                                                         | AUGUST
      31 |          | FEBRUARY
      28 |          
|                                                         | 2002            |          | 2002              |          
|                                                         |                 |          |                   |          
|                                                         | (Unaudited)     |          |                   | (Audited)
|ASSETS                                                   |                 |          |                   |          
|                                                         |                 |          |                   |          
|Current                                                  |                 |          |                   |          
|Cash                                                     | $               | -        |                   | $        
|Prepaid
      expenses                                   |                 | 500      |                   |          
|                                                         |                 |          |                   |          
|                                                         |                 | 500      |                   |          
|                                                         |                 |          |                   |          
|Capital Assets,
      net                                |                 | 10,413   |                   |          
|                                                         |                 |          |                   |          
|                                                         |                 |          |                   |          
|                                                         | $               | 10,913   |                   | $        
|                                                         |                 |          |                   |          
|                                                         |                 |          |                   |          
|LIABILITIES                                              |                 |          |                   |          
|                                                         |                 |          |                   |          
|Current                                                  |                 |          |                   |          
|Accounts
      payable                                   | $               | 5,482    |                   | $        
|Interest
      payable                                   |                 | 1,821    |                   |          
|Notes
      payable                                      |                 | 25,000   |                   |          
|                                                         |                 |          |                   |          
|                                                         |                 | 32,303   |                   |          
|                                                         |                 |          |                   |          
|Long Term Notes Payable                                  |                 | 6,500    |                   |          
|                                                         |                 |          |                   |          
|                                                         |                 | 38,803   |                   |          
|                                                         |                 |          |                   |          
|                                                         |                 |          |                   |          
|SHAREHOLDERS EQUITY (DEFICIENCY)                        |                 |          |                   |          
|                                                         |                 |          |                   |          
|Share Capital                                            |                 |          |                   |          
|Authorized:                                              |                 |          |                   |          
|80,000,000
      common shares, par value $0.0001 per    |                 |          |                   |          
|share                                                    |                 |          |                   |          
|20,000,000
      preferred shares, par value $0.0001 per |                 |          |                   |          
|share                                                    |                 |          |                   |          
|                                                         |                 |          |                   |          
|Issued and outstanding:                                  |                 |          |                   |          
|10,433,037
      common shares at August 31, 2002 and    |                 |          |                   |          
|February
      28, 2002                                  |                 | 1,043    |                   |          
|                                                         |                 |          |                   |          
|Additional paid-in capital                               |                 | 434,584  |                   |          
|                                                         |                 |          |                   |          
|Deficit                                                  |                 | (463,517 | )                 |          
|                                                         |                 |          |                   |          
|                                                         |                 | (27,890  | )                 |          
|                                                         |                 |          |                   |          
|                                                         |                 |          |                   |          
|                                                         | $               | 10,913   |                   | $        
|                                                         |                 |          |                   |          



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URBANFIND, INC.
  (A Development Stage Company)

STATEMENT OF OPERATIONS AND DEFICIT (Unaudited)
  (Stated in U.S. Dollars)

|                                |   |                    |  |   |                  |  |           |            |                 |  
|------------------------------- | - | ------------------ |  | - | ---------------- |  | --------- | ---------- | --------------- | -
|                                |   |                    |  |   |                  |  |           |            | INCEPTION       |  
|                                |   |                    |  |   |                  |  |           |            | AUGUST
      17 |  
|                                |   | THREE MONTHS ENDED |  |   | SIX MONTHS ENDED |  |           | 1999 TO    |                
|                                |   | AUGUST 31          |  |   | AUGUST 31        |  | AUGUST 31 |           
|                                |   | 2002               |  |   | 2001             |  |           | 2002       |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Revenue                         |   |                    |  |   |                  |  |           |            |                 |  
|Miscellaneous
      income      | $ | -                  |  | $ | -                |  | $         | -          |                 | $
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Expenses                        |   |                    |  |   |                  |  |           |            |                 |  
|Consulting                      |   | 2,000              |  |   | 8,150            |  |           | 3,000      |                 |  
|Filing
      and transfer agent |   |                    |  |   |                  |  |           |            |                 |  
|fees                            |   | -                  |  |   | -                |  |           | 299        |                 |  
|Professional
      expenses     |   | 435                |  |   | 4,000            |  |           | 1,751      |                 |  
|Website
      maintenance       |   | -                  |  |   | -                |  |           | 1,140      |                 |  
|Depreciation                    |   | 3,247              |  |   | 4,291            |  |           | 6,493      |                 |  
|Interest
      expense          |   | 794                |  |   | 55               |  |           | 1,442      |                 |  
|General
      and               |   |                    |  |   |                  |  |           |            |                 |  
|administrative                  |   | 2,992              |  |   | 3,147            |  |           | 16,112     |                 |  
|Compensation                    |   | -                  |  |   | -                |  |           | -          |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Net Loss For The Period         |   | 9,468              |  |   | 19,643           |  |           | 30,237     |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Deficit, Beginning Of           |   |                    |  |   |                  |  |           |            |                 |  
|Period                          |   | 454,049            |  |   | 391,180          |  |           | 433,280    |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Deficit, End Of Period          | $ | 463,517            |  | $ | 410,823          |  | $         | 463,517    |                 | $
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Net Loss Per Share              | $ | 0.01               |  | $ | 0.01             |  | $         | 0.01       |                 | $
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  
|Weighted Average Number         |   |                    |  |   |                  |  |           |            |                 |  
|Of Common Shares                |   |                    |  |   |                  |  |           |            |                 |  
|Outstanding                     |   | 10,433,037         |  |   | 10,433,037       |  |           | 10,433,037 |                 |  
|                                |   |                    |  |   |                  |  |           |            |                 |  



---

URBANFIND, INC.
  (A Development Stage Company)

STATEMENT OF CASH FLOWS
  (Unaudited)
  (Stated in U.S. Dollars)

|                              |                    |           |   |                  |           |   |           |         |                 |  
|----------------------------- | ------------------ | --------- | - | ---------------- | --------- | - | --------- | ------- | --------------- | -
|                              |                    |           |   |                  |           |   |           |         | INCEPTION       |  
|                              |                    |           |   |                  |           |   |           |         | AUGUST
      17 |  
|                              | THREE MONTHS ENDED |           |   | SIX MONTHS ENDED |           |   | 1999 TO   |        
|                              |                    | AUGUST 31 |   |                  | AUGUST 31 |   | AUGUST 31 |        
|                              |                    | 2002      |   |                  | 2001      |   |           | 2002    |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Cash Flows From Operating     |                    |           |   |                  |           |   |           |         |                 |  
|Activities                    |                    |           |   |                  |           |   |           |         |                 |  
|Net
      loss for the period | $                  | (9,468    | ) | $                | (19,643   | ) | $         | (30,237 | )               | $
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Adjustments To Reconcile      |                    |           |   |                  |           |   |           |         |                 |  
|Net Loss To Net Cash
      By |                    |           |   |                  |           |   |           |         |                 |  
|Operating Activities          |                    |           |   |                  |           |   |           |         |                 |  
|Compensation
      paid with  |                    |           |   |                  |           |   |           |         |                 |  
|stock                         |                    | -         |   |                  | -         |   |           | -       |                 |  
|Depreciation                  |                    | 3,247     |   |                  | 4,290     |   |           | 6,493   |                 |  
|Accounts
      payable        |                    | (1,818    | ) |                  | 1,589     |   |           | (2,198  | )               |  
|Prepaid
      expenses        |                    | 250       |   |                  | -         |   |           | (500    | )               |  
|Interest
      payable        |                    | 794       |   |                  | -         |   |           | 1,442   |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    | (6,995    | ) |                  | (13,764   | ) |           | (25,000 | )               |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Cash Flows From Financing     |                    |           |   |                  |           |   |           |         |                 |  
|Activities                    |                    |           |   |                  |           |   |           |         |                 |  
|Notes
      payable           |                    | -         |   |                  | 6,500     |   |           | 25,000  |                 |  
|Common
      stock issued     |                    | -         |   |                  | -         |   |           | -       |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    | -         |   |                  | 6,500     |   |           | 25,000  |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Cash Flows From Investing     |                    |           |   |                  |           |   |           |         |                 |  
|Activities                    |                    |           |   |                  |           |   |           |         |                 |  
|Purchase
      of equipment   |                    | -         |   |                  | (4,995    | ) |           | -       |                 |  
|Website
      development     |                    | -         |   |                  | (15,000   | ) |           | -       |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    | -         |   |                  | (19,995   | ) |           | -       |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Increase (Decrease) In Cash   |                    | (6,995    | ) |                  | (27,259   | ) |           | -       |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Cash, Beginning Of Period     |                    | 6,995     |   |                  | 37,725    |   |           | -       |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|                              |                    |           |   |                  |           |   |           |         |                 |  
|Cash, End Of Period           | $                  | -         |   | $                | 10,466    |   | $         | -       |                 | $
|                              |                    |           |   |                  |           |   |           |         |                 |  



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URBANFIND, INC.
  (A Development Stage Company)

STATEMENT OF STOCKHOLDERS EQUITY

AUGUST 31, 2002 (Unaudited)
  (Stated in U.S. Dollars)

|                                 |                    |   |             |       |            |   | DEFICIT          |   |       |         
|-------------------------------- | ------------------ | - | ----------- | ----- | ---------- | - | ---------------- | - | ----- | --------
|                                 | COMMON
      STOCK |   | ACCUMULATED |       |            |  
|                                 | NUMBER             |   |             |       | ADDITIONAL |   | DURING
      THE |   |       |         
|                                 | OF                 |   |             |       | PAID-IN    |   | DEVELOPMENT      |   |       |         
|                                 | SHARES             |   | AMOUNT      |       | CAPITAL    |   | STAGE            |   | TOTAL |         
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Issuance of common stock for     |                    |   |             |       |            |   |                  |   |       |         
|cash at $0.0001 per
      share  | 4,000,000          |   | $           | 400   |            | $ | 3,600            |   | $     | -       
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Issuance of common stock         |                    |   |             |       |            |   |                  |   |       |         
|from private placement
      for |                    |   |             |       |            |   |                  |   |       |         
|cash at $0.10 per share          | 300,000            |   |             | 30    |            |   | 29,970           |   |       | -       
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Loss for the period              | -                  |   |             | -     |            |   | -                |   |       | (13,710 
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Balance, February 29, 2000       | 4,300,000          |   |             | 430   |            |   | 33,570           |   |       | (13,710 
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Issuance of common stock         |                    |   |             |       |            |   |                  |   |       |         
|from private placement
      for |                    |   |             |       |            |   |                  |   |       |         
|cash at approximately            |                    |   |             |       |            |   |                  |   |       |         
|$0.675 per share                 | 143,037            |   |             | 14    |            |   | 96,613           |   |       | -       
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Issuance of common stock         |                    |   |             |       |            |   |                  |   |       |         
|from private placement
      for |                    |   |             |       |            |   |                  |   |       |         
|cash at $0.25 per share          | 40,000             |   |             | 4     |            |   | 9,996            |   |       | -       
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Refund of funds received from    |                    |   |             |       |            |   |                  |   |       |         
|private placement at
      $0.10 |                    |   |             |       |            |   |                  |   |       |         
|per share                        | (50,000            | ) |             | (5    | )          |   | (4,995           | ) |       | -       
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Loss for the year                | -                  |   |             | -     |            |   | -                |   |       | (71,255 
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Balance, February 28, 2001       | 4,433,037          |   |             | 443   |            |   | 135,184          |   |       | (84,965 
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Issuance of common stock for     |                    |   |             |       |            |   |                  |   |       |         
|compensation at $0.05
      per  |                    |   |             |       |            |   |                  |   |       |         
|share                            | 6,000,000          |   |             | 600   |            |   | 299,400          |   |       | -       
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Loss for the year                | -                  |   |             | -     |            |   | -                |   |       | (348,315
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Balance, February 28, 2002       | 10,433,037         |   |             | 1,043 |            |   | 434,584          |   |       | (433,280
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Loss for the period              | -                  |   |             | -     |            |   | -                |   |       | (30,237 
|                                 |                    |   |             |       |            |   |                  |   |       |         
|Balance, August 31, 2002         | 10,433,037         |   | $           | 1,043 |            | $ | 434,584          |   | $     | (463,517
|                                 |                    |   |             |       |            |   |                  |   |       |         

---

URBANFIND, INC.
  (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

AUGUST 31, 2002 (Unaudited)
  (Stated in U.S. Dollars)

|1. | ORGANIZATION
        AND DESCRIPTION OF BUSINESSUrbanfind, Inc., formerly Cyberbiz, Inc.,
        (hereinafter the Company) was incorporated on March 12, 1999
        under the laws of the State of Delaware for the purpose of providing a
        website which specifically addresses the unique needs and preferences
        of the African American consumer. The Company maintains offices in Bellingham,
        Washington, and in Vancouver, British Columbia. The Companys fiscal
        year end is the last calendar day of February.On November 6, 2000, the Company amended
        its articles of incorporation to reflect the corporate name change to
        Urbanfind, Inc. from Cyberbiz, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|2. | SIGNIFICANT ACCOUNTING POLICIESThis summary of significant accounting
          policies is presented to assist in understanding the Companys
          financial statements. The financial statements and notes are representations
          of the Companys management, which is responsible for their integrity
          and objectivity. These accounting policies conform to accounting principles
          generally accepted in the United States of America and have been consistently
          applied in the preparation of the financial statements.
        a) Accounting Method
      The Companys
          financial statements are prepared using the accrual method of accounting.
      b) Interim Financial Statements
      The interim financial
          statements as of, and for the period ended, August 31, 2002, included
          herein, have been prepared for the Company without audit. They reflect
          all adjustments which are, in the opinion of management, necessary to
          present fairly the results of operations for these periods. All such
          adjustments are normal recurring adjustments. The results of operations
          for the periods presented are not necessarily indicative of the results
          to be expected for the full fiscal year.
      c) Development Stage Activities
      The Company has been
          in the development stage since its formation in March 1999 and has not
          yet realized any material revenues from its planned operations. It is
          engaged in the business of marketing and selling goods via a discount
          liquidation website.



---

URBANFIND, INC.
  (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

AUGUST 31, 2002 (Unaudited)
  (Stated in U.S. Dollars)

|2. | SIGNIFICANT ACCOUNTING POLICIES(Continued)
        d) Use of Estimates
      The process of preparing financial statements in conformity
          with accounting principles generally accepted in the United States of
          America requires the use of estimates and assumptions regarding certain
          types of assets, liabilities, revenues and expenses. Such estimates
          primarily relate to unsettled transactions and events as of the date
          of the financial statements. Accordingly, upon settlement, actual results
          may differ from estimated amounts.
      e) Cash and Cash Equivalents
      For purposes of the
          statement of cash flows, the Company considers all short-term debt securities
          purchased with a maturity of three months or less to be cash equivalents.
      f) Fair Value of Financial Instruments
      The carrying amounts
          for cash, prepaid expenses, accounts payable and accrued liabilities
          approximate their fair value.
      g) Derivative Instruments
      The Financial Accounting
          Standards Board issued Statement of Financial Accounting Standards (SFAS)
          No. 133  Accounting for Derivative Instruments and Hedging
          Activities, as amended by SFAS No. 137  Accounting
          for Derivative Instruments and Hedging Activities - Deferral of the
          Effective Date of FASB No. 133, and SFAS No. 138 - Accounting
          for Certain Derivative Instruments and Certain Hedging Activities,
          which is effective for the Company as of January 1, 2001. This standard
          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 in the balance sheet and
          measure those instruments at fair value.
        At August 31, 2002,
          the Company has not engaged in any transactions that would be considered
          derivative instruments or hedging activities.
      h) Revenue Recognition
      The Company will recognize
          revenue from internet-based affiliate programs when funds are earned
          and measurable.
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

URBANFIND, INC.
  (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

AUGUST 31, 2002 (Unaudited)
  (Stated in U.S. Dollars)

|2. | SIGNIFICANT ACCOUNTING POLICIES(Continued)
        i) Compensated Absences
      Currently, the Company
          has no employees; therefore, no policy regarding compensated absences
          has been established. The Company will establish a policy to recognize
          the costs of compensated absences at the point in time that it has employees.
      j) Provision for Taxes
      At August 31, 2002,
          the Company had an accumulated net operating loss of $463,517, which
          expire in the years 2019 through 2020. The Company recognized approximately
          $300,000 of expense for the issuance of common stock for services in
          2001, which were not deductible for tax purposes.
      k) Basic and Diluted Loss Per Share
      Loss per share was
          computed by dividing the net loss by the weighted average number of
          shares outstanding during the period. The weighted average number of
          shares was calculated by taking the number of shares outstanding and
          weighting them by the amount of time that they were outstanding. Basic
          and diluted loss per share were the same as there were no common stock
          equivalents outstanding.
      l) Reclassifications
      Certain amounts from
          prior periods have been reclassified to conform with the current periods
          presentation. This reclassification has resulted in no changes to the
          Companys accumulated deficit or net losses presented.
      m) Employee and Non-Employee Stock Compensation
      The Company values
          common stock issued to employees and other than employees for services,
          property and investments at the fair market value of the common stock
          which is the closing price of Company stock on the day of issuance.
          If no trading occurred on that day, then the fair market value is the
          lower of the clos ing prices on the first previous day and the first
          following day on which the Companys stock was traded. Prior to
          the Companys stock being publicly traded, the common stock was
          valued based upon projected trading value from the Companys market
          maker.
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



---

URBANFIND, INC.
  (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

AUGUST 31, 2002 (Unaudited)
  (Stated in U.S. Dollars)

|2. | SIGNIFICANT ACCOUNTING POLICIES(Continued)
        n) Going Concern
      The accompanying financial
          statements have been prepared assuming that the Company will continue
          as a going concern.
        As shown in the accompanying
          financial statements, the Company had an accumulated net loss of $463,517
          for the period from March 12, 1999 (inception) to August 31, 2002, and
          had minimal sales.
        The future of the
          Company is dependent upon successful and profitable operations from
          its discount liquidation website. The financial statements do not include
          any adjustments relating to the recoverability and classification of
          recorded assets, or the amounts and classification of liabilities that
          might be necessary in the event the Company cannot continue in existence.
        Management plans to
          seek additional capital through a private placement and public offering
          of its common stock. The financial statem ents do not include any adjustments
          relating to the recoverability and classification of recorded assets,
          or the amounts and classification of liabilities that might be necessary
          in the event the Company cannot continue in existence.
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|3. | SERVICE
        AGREEMENTOn May 31, 2000, the Company entered into
        an agreement with Apus Capital Corp., a related party, for future office
        services and rent valued at $600 per month. At August 31, 2001, $9,000
        had been expensed per this agreement. For the period ended August 31,
        2002, $3,617 has been paid.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|4. | PLANT,
        PROPERTY AND EQUIPMENTAt August 31, 2002, the Companys
        fixed assets consist of office equipment, which is being depreciated using
        an accelerated method of depreciation over a five-year life span. Depreciation
        expense for the period ended August 31, 2002 was $972.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    



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URBANFIND, INC.
  (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

AUGUST 31, 2002 
   (Unaudited)
  (Stated in U.S. Dollars)

|5. | WEBSITE
        DEVELOPMENTEffective January 1, 2000, the Company
        adopted SOP 98-1 as amplified by EITF 99-2 Accounting for
        Website Development Costs. In accordance with this early adoption,
        the Company will henceforth capitalize website development costs.In November 2000, the Company revised and
        expanded its webs ite. The cost of development was $7,485 and will be
        amortized over a period of 24 months. In August 2001, the Company was
        undergoing another renovation of its website with the cost of $15,000
        being amortized over a period of 24 months. Amortization expense for the
        period ended August 31, 2002 was $5,440.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|6. | PREFERRED
        STOCKThe Company is authorized to issue 20,000,000
        shares of $0.0001 par value preferred stock. The preferred shares have
        not been designated any preferences. As of August 31, 2002, the Company
        did not have any preferred shares issued or outstanding.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|7. | COMMON
        STOCKThe Company is authorized to issue 80,000,000
        shares of $0.0001 par value common stock. Each holder of common stock
        has one, non-cumulative vote per share on all matters voted upon by the
        shareholders. There are no preemptive rights or other rights of subscription.On March 15, 1999, 4,000,000 shares of
        common stock were sold through a private placement at a price of $0.0001
        per share. The offering was made pursuant to exemptions afforded by Sections
        (4)2 or 3(b) of the Securities Act of 1933 and Rule 504 of Regulation
        D. Two additional private placements occurred on March 19, 1999 and February
        17, 2000, wherein 100,000 shares and 200,000 shares, respectively, were
        sold at a price of $0.10 per share. The three private placements raised
        a total of $34,000, which proceeds were used for general corporate purposes.On July 10, 2000, the Company refunded
        a subscriber of stock $5,000 in return for the 50,000 shares of common
        stock issued. The refund was equal to the amount paid by the subscriber
        for the shares returned.



---

URBANFIND, INC.
  (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

AUGUST 31, 2002 (Unaudited)
  (Stated in U.S. Dollars)

|7. | COMMON
        STOCK(Continued)During the year ended February 28, 2001,
        the Company sold 183,037 shares through three private placements at an
        average price of $0.58 per share. The offerings were made pursuant to
        exemptions afforded by Sections (4)2 or 3(b) of the Securities Act of
        1933 and Rule 504 of Regulation D. The private placements raised a total
        of $106,627, which proceeds will be used in development and maintenance
        of the Companys website. None of the shares issued during the year
        ended February 28, 2001 were issued to officers or directors.During the three month period ended May 31, 2001, the Company
        issued 6,000,000 shares of common stock for compensation. The offerings
        were made pursuant to exemptions afforded by Sections (4)2 or 3(b) of
        the Securities Act of 1933 and Rule 504 of Regulation D. The fair market
        value of the stock on the issue date was $300,000. The stock was issued
        by the Board of Directors per a management agreement.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|8. | COMMITMENTS
        AND CONTINGENCIESThe Company is engaged in internet-based
        commerce. At present, the Company is unaware of any pending litigation
        or of any specific past or prospective matters, which could impair its
        ability to proceed in the marketplace.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     



---

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

**OVERVIEW**

Urbanfind,
  Inc., formerly Cyberbiz, Inc., was incorporated on March 12, 1999 under the
  laws of the State of Delaware for the purpose of pursuing certain high technology
  opportunities and alliances and to assist in the establishment and development
  of an internet electronic search engine venture.

Management
  has been exploring a variety of revenue models including a possible acquisition
  of G & C Beverage Group, Inc. a company, involved in the liquor distribution
  (agency) business. This acquisition is subject to due diligence and shareholder approval.
  It is anticipated that the due diligence process could take up
  to 60 days from October 1, 2002.

The Company
  is a developmental stage company. There are no appreciable changes to its financial condition or
  its operations except as outlined in the financial statements for the period
  ended August 31, 2002.

**RESULTS OF OPERATIONS**

Urbanfind,
  Inc. incurred an accumulated deficit of $463,517for the period from March 12,
  1999 (inception) to August 31, 2002, and had no sales in the current quarter.

The Company does not have
  any liabilities other than those shown in the financial statements.

The Company is not aware
  of any legal action or litigation of any kind.

The future
  of the Company will be dependent upon its ability to obtain financing and additional
  capital through private placements of its common stock.

The financial
  statements do not include any adjustments relating to the recoverability and
  classification of recorded assets, or the amounts and classification of liabilities
  that might be necessary in the event the Company cannot continue in existence

**PART
  2 - OTHER INFORMATION**

**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**

> None

**Item 5. Other Information**

> None

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

> None

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SIGNATURES

In accordance
  with the requirements 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.

|URBANFIND, INC.                
|-------------------------------
|                               
|                               
|                               
|Date:  October
      10th, 2002
|                               
|                               
|                               
|By:      /s/
      Robin Lee   
|Robin
      Lee, President     



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