<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934
                          For the Quarterly period ended November 30, 2000
                                                         -----------------

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
                          For the transition period from           to
                                                         ---------    ----------

                         Commission File Number 0-30453
                                                -------

                               DBS HOLDINGS, INC.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


            NEVADA                                              N/A
-------------------------------                    ----------------------------
(State or other jurisdiction of                    (IRS Employer Identification
       incorporation)                                           Number)

           1898 - PEARDONVILLE ROAD, ABBOTSFORD, B.C., CANADA, V4X 2M4
           -----------------------------------------------------------
                    (Address of principal executive offices)

                                 (604) 581-1151
                           --------------------------
                           (Issuer's telephone number)

                                       N/A
 --------------------------------------------------------------------------
 (Former name, former address and former fiscal year, 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 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 [ ]

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes [ ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:
10,919,500 shares of common stock with a par value of $0.001 per share as of
----------------------------------------------------------------------------
January 9, 2001
---------------

Transitional Small Business Disclosure Format (Check One): Yes [ ] No [X]


<PAGE>   2


                         PART I - FINANCIAL INFORMATION


ITEM 1.  FINANCIAL STATEMENTS.

         Please see attached Financial Statements

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

         Please see attached Management's Discussion and Analysis


                           PART II - OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS.

         Not Applicable

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS.

         On September 15, 2000, the Company exercised its option to purchase the
remaining 81% interest of "investorservice.com" by issuing 10,000 common shares
to Stephen Stanley and 10,000 common shares to Terry Wells.

         On September 15, 2000, the Company issued 24,500 common shares to
Gordon Stanley for services rendered in the amount of $1,225.00.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

         Not Applicable

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

         Not Applicable

ITEM 5.  OTHER INFORMATION.

         Not Applicable

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.

         Not Applicable

                                   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.

                                       DBS HOLDINGS, INC.
                                       -----------------------------
                                       (Registrant)


Date:    January 10, 2000              /s/ Daniel Steunenberg
         ----------------              -----------------------------
                                       Daniel Steunenberg,
                                       President/Secretary/Treasurer
<PAGE>   3
DBS HOLDINGS, INC.


INTERIM FINANCIAL STATEMENTS
FOR THE 3RD QUARTER ENDED NOVEMBER 30, 2000


                      Prepared without audit by Management
<PAGE>   4


DBS HOLDINGS, INC.
BALANCE SHEET
AS OF NOVEMBER 30, 2000
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>

                                                                   NOVEMBER 30
                                                                       2000
                                                                   -----------
<S>                                                                <C>
ASSETS

Current
    Cash                                                               8,920

Investment, at cost                                                    2,525
--------------------------------------------------------------------------------

                                                                      11,445
================================================================================

LIABILITIES

Current
    Accounts Payable                                                   5,469
--------------------------------------------------------------------------------

                                                                       5,469
--------------------------------------------------------------------------------

SHAREHOLDERS' EQUITY (DEFICIENCY)

Capital Stock                                                         10,920

Additional Paid-in Capital                                           121,810

Deficit                                                             (126,754)
--------------------------------------------------------------------------------
                                                                       5,976
--------------------------------------------------------------------------------

                                                                      11,445
================================================================================
</TABLE>


                      Prepared without audit by Management
<PAGE>   5


DBS HOLDINGS, INC.
STATEMENT OF SHAREHOLDERS' EQUITY
FOR THE QUARTER ENDED NOVEMBER 30, 2000
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>

                                              COMMON           ADDITIONAL                               TOTAL
                                              STOCK             PAID-IN           ACCUMULATED       SHAREHOLDERS'
                                              AMOUNT            CAPITAL             DEFICIT        EQUITY (DEFICIT)
--------------------------------------------------------------------------------------------------------------------

<S>                                           <C>               <C>                <C>                 <C>
Balance - August 31, 2000                     10,875            108,850            (110,674)             9,051

Issue of Common Stock                             45              1,200                   0              1,245
Value of Directors'
    Uncompensated Services                         0             11,760                   0             11,760

Net Loss for Period                                0                  0             (16,080)           (16,080)
--------------------------------------------------------------------------------------------------------------------

                                              10,920            121,810            (126,754)             5,976
====================================================================================================================
</TABLE>


                      Prepared without audit by Management

<PAGE>   6

DBS HOLDINGS, INC.
STATEMENT OF LOSS AND DEFICIT
FOR THE QUARTER ENDED NOVEMBER 30, 2000
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                   NOVEMBER 30
                                                                      2000
                                                                   -----------
<S>                                                                <C>
EXPENSES

    Value of directors' uncompensated services                       11,760
    Professional fees                                                 2,826
    Edgar filing fees                                                   746
    Transfer agent fees                                                 375
    Office and administrative                                           373
--------------------------------------------------------------------------------
                                                                     16,080
--------------------------------------------------------------------------------

LOSS, for the period                                                (16,080)

DEFICIT, beginning of period                                       (110,674)
--------------------------------------------------------------------------------

DEFICIT, end of period                                             (126,754)
================================================================================
</TABLE>


                      Prepared without audit by Management

<PAGE>   7

DBS HOLDINGS, INC.
STATEMENT OF CHANGES IN CASH FLOW
FOR THE QUARTER ENDED NOVEMBER 30, 2000
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>

                                                                   NOVEMBER 30
                                                                      2000
                                                                   -----------
<S>                                                                 <C>
CASH PROVIDED BY (USED FOR)

OPERATING ACTIVITIES
    Loss for the period                                             (16,080)
    Value of directors' uncompensated services                       11,760
    Increase of Payables                                             (1,672)
--------------------------------------------------------------------------------

FINANCING ACTIVITY
    Issuance of common shares                                         1,225
--------------------------------------------------------------------------------

INVESTING ACTIVITY
    Purchase of Investment                                                0
--------------------------------------------------------------------------------

INCREASE (DECREASE) IN CASH, for the period                          (4,767)

CASH, beginning of period                                            13,687
--------------------------------------------------------------------------------

CASH, end of period                                                   8,920
================================================================================
</TABLE>


                      Prepared without audit by Management
<PAGE>   8

DBS HOLDINGS, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE QUARTER ENDED NOVEMBER 30, 2000
--------------------------------------------------------------------------------

1.      OPERATIONS

        The Company was incorporated on March 19, 1999 under the laws of the
        State of Nevada.

        These financial statements are prepared in accordance with generally
        accepted accounting principles in the United States and all amounts are
        in US dollars.

2.      SIGNIFICANT ACCOUNTING POLICY

        The Company's financial instrument consists of cash and accounts
        payable. Unless otherwise noted, it is management's opinion that the
        Company is not exposed to significant interest, currency or credit risk.
        The fair value of this financial instrument approximates its carrying
        value.

3.      INVESTMENT

        During its initial period, the Company acquired a 19% interest in
        "investorservice.com" a Canadian registered partnership, for $2,500 and
        5,000 common shares. The Company exercised its option to purchase the
        remaining 81% of "investorservice.com" by issuing 20,000 common shares
        of the Company during the 3rd quarter of its 2001 fiscal year.

4.      COMMON STOCK

        Activity of the common stock account for the period is as follows:

<TABLE>
<CAPTION>

                                                                                      Additional
                                                    Number             Par             Paid-in
                                                  of Shares           Value            Capital
                                               -----------------------------------------------------

        <S>                                       <C>                 <C>               <C>
        Balance, beginning of period              10,875,000          10,875            42,630

        Shares issued, for investment                 20,000              20                --
        Shares issued, for cash                       24,500              25             1,200
                                               -----------------------------------------------------

        Balance, end of period                    10,919,500          10,920            43,830
                                               =====================================================
</TABLE>


5.      WARRANTS

        There are as of November 30, 2000, warrants outstanding of 166,000
        units. Each warrant entitles the holder to purchase one common share
        exercisable before May 1, 2001 for $0.10.



                      Prepared without audit by Management

<PAGE>   9

DBS HOLDINGS, INC.
MANAGEMENT DISCUSSION
FOR THE QUARTER ENDED NOVEMBER 30, 2000
--------------------------------------------------------------------------------

This Quarterly Report may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933. Actual events or results could
differ materially from those discussed in the forward-looking statements as a
result of various factors including those set forth below or under the heading
"Description of Business" contained in the Company's Form 10-SB.

During the quarter the Company posted a loss of $16,080. Working capital
decreased from $6,546 (August 31, 2000) to $3,451 (November 30, 2000). The
Company used the proceeds from its financing for general working capital
purposes. The Company's main focus has been to achieve fully reporting issuer
status; thereby increasing the credibility of the Company and also increasing
the probability of success in raising capital to fund further development of the
Company's objectives. The Company has made great strides in achieving fully
reporting issuer status, as set out below, and as a result, the Company looks
forward to realizing the furtherance of its business objectives in the future.
In the near term, management intends to fund any shortfall in working capital
that may arise. In any event, there can be no absolute assurance that all
necessary financing will be available. The exercise of warrants, as set out
below, has also helped to bring cash into the Company's current account.

During the quarter the Company continued to pursue its goals and objectives as
set out in its original statement of vision. The Company continued to expend a
vast amount of time and energy researching and analysing the financial sector of
the internet. The Company also continues to investigate other opportunities that
will increase its presence and profile on the internet. The Company also
continues to search for other projects of merit that will increase shareholder
value.

During the first quarter the Company completed and filed its Form 10-SB with the
United States Securities and Exchange Commission. On April 25,2000 all
documentation was filed. During the second quarter, on June 24, 2000, (60 days
after filing the Form 10-SB) the Company's registration statement went
effective.

During the second quarter the company completed a private placement for 500,000
shares, thereby realizing $25,000 in cash for the Company. The completion of the
private placement represents a further 500,000 common shares issued and
outstanding.

During the quarter the Company exercised its option to acquire the remaining 81%
of "investorservice.com" by issuing 20,000 common shares. Also during the
quarter the Company, in return for services rendered, issued 24,500 common
shares. These two share issues now brings the total of issued and outstanding
common shares in the company to 10,919,500. There are 166,000 warrants
outstanding exercisable before May 1, 2001 @ $0.10 per warrant, into 166,000
common shares.



                      Prepared without audit by Management