UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB

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

               For the Quarter Ended June 30, 2000

                                OR

[  ] 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 0-25853

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

            Nevada                          87-0570975
(State or other jurisdiction of         (I.R.S. Employer
incorporation or organization)          Identification No.)

          135 West 900 South, Salt Lake City, Utah 84101
             (Address of principal executive offices)

Registrant's telephone no., including area code:  (801) 278-2805

     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 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 CORPORATE ISSUERS

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

          Class                Outstanding as of June 30, 2000

Common Stock, $.001 par value            3,991,180


                        TABLE OF CONTENTS

Heading                                                             Page
                  PART I.  FINANCIAL INFORMATION

Item 1.   Financial Statements . . . . . . . . . . . . . . . . . .    3

          Balance Sheets -- June 30, 2000. . . . . . . . . . . . .    4

          Statements of Operations -- three and six
            months ended June 30, 2000 . . . . . . . . . . . . . .    5

          Statements of Stockholders' Equity (Deficit) . . . . . .    6

          Statements of Cash Flows -- three and six
            months ended June 30, 2000 . . . . . . . . . . . . . .    8

          Notes to Consolidated Financial Statements . . . . . . .    9

Item 2.   Management's Discussion and Analysis or
            Plan of Operations . . . . . . . . . . . . . . . . . .   12

                    PART II. OTHER INFORMATION

Item 1.   Legal Proceedings. . . . . . . . . . . . . . . . . . . .   14

Item 2.   Changes In Securities and Use of Proceeds. . . . . . . .   14

Item 3.   Defaults Upon Senior Securities. . . . . . . . . . . . .   14

Item 4.   Submission of Matters to a Vote of
            Securities Holders . . . . . . . . . . . . . . . . . .   15

Item 5.   Other Information. . . . . . . . . . . . . . . . . . . .   15

Item 6.   Exhibits and Reports on Form 8-K . . . . . . . . . . . .   15

          SIGNATURES . . . . . . . . . . . . . . . . . . . . . . .   16


                              PART I

Item 1.   Financial Statements

     The following unaudited Financial Statements for the period
ended June 30, 2000, have been prepared by the Company.















                           QUAZON CORP.


                       FINANCIAL STATEMENTS

               June 30, 2000 and December 31, 1999









                         QUAZON, CORP.
                 (A Development Stage Company)
                         Balance Sheets


                             ASSETS

                                                     June 30,    December 31,
                                                       2000          1999
                                                   (Unaudited)
CURRENT ASSETS

 Cash                                              $    5,889    $    2,474

  Total Current Assets                                  5,889         2,474

  TOTAL ASSETS                                     $    5,889     $   2,474


         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

 Accounts payable                                  $      200    $      500
 Notes payable - related party (Note 2)                 8,000          -

  Total Current Liabilities                             8,200           500

STOCKHOLDERS' EQUITY (DEFICIT)

 Common stock authorized: 100,000,000 common shares
  at $0.001 par value: 3,991,180 shares issued and
  outstanding                                           3,991         3,991
 Capital in excess of par value                     1,847,740     1,872,740
 Accumulated deficit prior to January 1, 1994      (1,826,092)   (1,826,092)
 Deficit accumulated during the development stage     (52,950)      (48,665)

  Total Stockholders' Equity (Deficit)                 (2,111)        1,974

  TOTAL LIABILITIES AND STOCKHOLDERS'
   EQUITY (DEFICIT)                                $    5,889    $    2,474



                              QUAZON, CORP.
                      (A Development Stage Company)
                        Statements of Operations
                               (Unaudited)

                                                                     From the
                                                                    Beginning of
                                                                    Development
                                                                     Stage on
                               For the                 For the       January 1,
                          Three Months Ended       Six Months Ended 1994 Through
                               June 30,                June 30,       June 30,
                           2000        1999        2000        1999      2000


REVENUES                $    -     $     -     $     -     $     -     $   -

EXPENSES

 General and
   administrative             852        -          4,085       7,987    52,111
 Interest expense             200         375         200         750       839

  Total Expenses            1,052         375       4,285       8,737    52,950

NET LOSS                $  (1,052) $     (375) $   (4,285) $   (8,737) $(52,950)

BASIC LOSS PER SHARE    $   (0.00) $    (0.00) $    (0.00) $    (0.00)

WEIGHTED AVERAGE NUMBER
 OF SHARES OUTSTANDING  3,991,180   3,991,180   3,991,180   3,991,180


                           QUAZON, CORP.
                   (A Development Stage Company)
            Statements of Stockholders' Equity (Deficit)

                                                                     Deficit
                                                                   Accumulated
                                                     Capital in     During the
                                      Common Stock    Excess of    Development
                                     Shares  Amount   Par Value       Stage

Balance, December 31, 1993            5,530  $    6  $ 1,826,086   $ (1,826,092)

Net loss for the year ended
 December 31, 1994                     -        -           -              -

Balance, December 31, 1994            5,530       6    1,826,086     (1,826,092)

Net loss for the year ended
 December 31, 1995                     -        -           -              -

Balance, December 31, 1995            5,530       6    1,826,086     (1,826,092)

Net loss for the year ended
 December 31, 1996                     -        -           -              -

Balance, December 31, 1996            5,530       6    1,826,086     (1,826,092)

November 7, 1997, issuance of
 common stock at $0.01 per
 share for cash                     466,667     467        4,533           -

November 12, 1997, issuance of
 common stock at $0.01 per share
 for cash                          499,999      499        7,451           -

Fractional shares issued in reverse
 stock split                        18,984       19          (19)          -

Contributed capital                   -         -            936           -

Net loss for the year ended
 December 31, 1997                    -         -           -           (16,286)

Balance, December 31, 1997         991,180  $   991  $ 1,838,987  $  (1,842,378)



                          QUAZON, CORP.
                   (A Development Stage Company)
      Statements of Stockholders' Equity (Deficit) (Continued)

                                                                     Deficit
                                                                   Accumulated
                                                     Capital in     During the
                                     Common Stock     Excess of    Development
                                   Shares    Amount   Par Value       Stage

Balance, December 31, 1997        991,180   $   991  $ 1,838,987  $  (1,842,378)

Contributed capital                  -         -           1,753           -

October 31, 1998, issuance of
 common stock at $0.003 per
 share for services             1,500,000     1,500        3,500           -

October 31, 1998, issuance of
 common stock at $0.003 per
 share for cash                 1,500,000     1,500        3,500           -

Net loss for the year ended
 December 31, 1998                   -         -            -           (17,292)

Balance, December 31,1998       3,991,180     3,991    1,847,740     (1,859,670)

Contributed capital                  -         -          25,000           -

Net loss for the year ended
 December 31, 1999                   -         -            -           (15,087)

Balance, December 31, 1999      3,991,180     3,991    1,872,740     (1,874,757)

Net loss for the six months
 ended June 30, 2000 (unaudited)     -         -            -            (4,285)

Balance, June 30, 1999
 (unaudited)                    3,991,180  $  3,991  $ 1,847,740   $ (1,879,042)






                           QUAZON, CORP.
                       (A Development Stage Company)
                         Statements of Cash Flows
                                (Unaudited)

                                                                      From the
                                                                    Beginning of
                                                                    Development
                                                                      Stage on
                                     For the           For the       January 1,
                               Three Months Ended Six Months Ended  1994 Through
                                     June 30,          June 30,        June 30,
                                   2000    1999       2000   1999        2000

CASH FLOWS FROM OPERATING
 ACTIVITIES:

  Net loss                     $ (1,052) $  (375) $ (4,285) $ (8,737) $ (52,950)
  Adjustments to reconcile net
  loss to net cash provided
  (used) by operating activities:
   Stock issued for services       -        -         -         -         5,000
  Changes in operating asset and
  liability accounts:
   Increase (decrease) in
    accounts payable             (2,588)     206      (300)    1,854        200

    Net Cash (Used) by Operating
     Activities                  (3,640)    (169)   (4,585)   (6,883)   (47,750)

CASH FLOWS FROM INVESTING
 ACTIVITIES:                       -        -         -         -          -

CASH FLOWS FROM FINANCING
 ACTIVITIES:

  Contributed capital              -        -         -         -        26,809
  Proceeds from notes payable -
 related party                     -        -        8,000     5,000     18,000
  Payments made on notes payable   -        -         -         -       (10,000)
  Issuance of common stock
   for cash                        -        -         -         -        18,830

    Net Cash Provided by
     Financing Activities          -        -        8,000     5,000     53,639

NET INCREASE (DECREASE) IN CASH  (3,640)    (169)    3,415    (1,883)     5,889

CASH AT BEGINNING OF PERIOD       9,529    1,170     2,474     2,884       -

CASH AT END OF PERIOD          $  5,889  $ 1,001  $  5,889  $  1,001  $   5,889

Cash Payments For:

  Income taxes                 $   -     $  -     $   -     $   -     $    -
  Interest                     $   -     $  -     $   -     $   -     $    -


                          QUAZON, CORP.
                  (A Development Stage Company)
                Notes to the Financial Statements
              June 30, 2000 and December 31, 1999

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       a. Organization

       Quazon, Corp. (the Company) was originally incorporated on
       June 26, 1981, as a Utah Corporation under the name of The
       Fence Post, Inc.

       On March 24, 1986, the Company changed its name to Dynamic
       Video, Inc.  On September 6, 1988, the name was changed to
       Loki Holding Corporation.

       On September 11, 1990, the name was changed to Interactive
       Development Applications, Inc. and completed a reverse
       acquisition of several Belgium corporations, which was
       revoked in 1997.

       On November 7, 1997, the name was changed to Quazon, Corp.,
       a Utah corporation.  On November 19, 1997, Quazon, Corp. of
       Utah merged with Quazon, Corp., a Nevada corporation,
       leaving the Nevada corporation as the surviving company.

       Currently the Company is seeking new business opportunities
       believed to hold a potential profit or to merge with an
       existing company.

       b. Accounting Method

       The Company's financial statements are prepared using the
       accrual method of accounting.  The Company has adopted a
       December 31 year end.

       c. Basic Loss Per Share

       The computations of basic loss per share of common stock
       are based on the weighted average number of shares issued
       and outstanding at the date of the financial statements.

                                          For the                 For the
                                   Three Months Ended        Six Months Ended
                                         June 30,                 June 30,
                                    2000         1999        2000         1999

       Net Loss (Numerator)   $   (1,052)  $     (375)  $   (4,285)  $   (8,737)

       Weighted average
        shares outstanding
        (denominator)          3,991,180    3,991,180    3,991,180    3,991,180

       Basic loss per share   $    (0.00)  $    (0.00)  $    (0.00)  $    (0.00)


                          QUAZON, CORP.
                  (A Development Stage Company)
                Notes to the Financial Statements

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

       d. Use of Estimates

       The preparation of financial statements in conformity with
       generally accepted accounting principles requires
       management to make estimates and assumptions that affect
       the reported amounts of assets and liabilities and
       disclosure of contingent assets and liabilities at the date
       of the financial statement and the reported amounts of
       revenues and expenses during the reporting period.  Actual
       results could differ from those estimates.

       e. Cash Equivalents

       The Company considers all highly liquid investments with a
       maturity of three months or less when purchased to be cash
       equivalents.

       f. Provision for Taxes

       At June 30, 2000, the Company had net operating loss
       carryforwards of approximately $53,000 that may be offset
       against future taxable income through 2020.  No tax benefit
       has been reported in the financial statements, because the
       potential tax benefits of the net operating loss
       carryforwards are offset by a valuation allowance of the
       same amount.

       g.  Unaudited Financial Statements

       The accompanying unaudited financial statements include all
       of the adjustments which, in the opinion of management, are
       necessary for a fair presentation.  Such adjustments are of
       a normal, recurring nature.

NOTE 2 - REVERSE STOCK SPLIT

       On October 24, 1997, the board of directors of the Company
       approved a 1-for-250 reverse stock split and on October 30,
       1998, the board of directors of the Company approved a 1-
       for-15 reverse stock split while retaining the authorized
       shares at 100,000,000 and retaining the par value at
       $0.001.  This change has been applied to the financial
       statements on a retroactive basis back to inception of the
       development stage.  The Company provided that no
       shareholder would be reduced below 100 shares, accordingly,
       18,984 post-split fractional shares were issued.

NOTE 3 - RELATED PARTY TRANSACTIONS

       On November 11, 1997, the Company issued 466,667 shares of
       its restricted common stock to officers of the Company for
       cash of $5,000.

       On November 12, 1997, the Company issued 499,999  shares of
       its restricted common stock for $8,000 cash.

       On October 30, 1998, the Company issued 1,500,000 post-
       split shares of restricted common stock to officers of the
       Company for services valued at $5,000 and 1,500,000 to
       Company officers for $5,000 cash.


                         QUAZON, CORP.
                 (A Development Stage Company)
               Notes to the Financial Statements
              June 30, 2000 and December 31, 1999

NOTE 3 - RELATED PARTY TRANSACTIONS (Continued)

       In 1999, an officer of the company contributed $15,000 to
       the Company in expenses incurred on the Company's behalf.
       The officer contributed $1,753 in 1998.

       In 1999, an officer of the Company contributed a $10,000
       note payable to the capital of the Company.

       The Company has a note payable to an officer totaling
       $8,000 at June 30, 2000.  The note is unsecured and due
       upon demand.  Interest is imputed on the note at 10% per
       annum.

NOTE 4 - GOING CONCERN

       The Company's financial statements are prepared using
       generally accepted accounting principles applicable to a
       going concern which contemplates the realization of assets
       and liquidation of liabilities in the normal course of
       business.  However, the Company does not have significant
       cash or other material assets, nor does it have an
       established source of revenues sufficient to cover its
       operating costs and to allow it to continue as a going
       concern.  It is the intent of the Company to seek a merger
       with an existing, operating company.  In the interim,
       shareholders of the Company have committed to meeting its
       minimal operating expenses.



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

     The following information should be read in conjunction with
the financial statements and notes thereto appearing elsewhere in
this Form 10-QSB.

     Quazon Corp. (the "Company"), a development stage company, has
not engaged in material operations or realized revenues for several
years.  Certain costs and expenses of the Company have been paid
for by funds advanced by an officer pursuant to a note payable and
the private sale of shares of Company common stock.  It is
anticipated that the Company will require only nominal capital to
maintain the corporate viability of the Company.  Necessary funds,
including funds to cover expenses associated with being subject to
the reporting requirements of the Securities Exchange Act of 1934,
will most likely be provided by the Company's officers and
directors in the immediate future.  It must be noted that unless
the Company is able to facilitate an acquisition of or merger with
an operating business, or is able to obtain significant outside
financing, there is substantial doubt about its ability to continue
as a going concern.

     At June 30, 2000 and December 31, 1999, the Company had total
assets consisting of cash of $5,589 and $2,474, respectively.  The
cash represents advances to the Company by an officer.  Total
liabilities at June 30, 2000 were $8,200, consisting of accounts
payable of $200 and notes payable to related parties of $8,000.
Total liabilities at December 31, 1999 were $500 in accounts
payable.  During the first quarter of 2000, the Company received
$8,000 from a related party, to be used for general operating
expenses.  The notes are unsecured and due upon demand.  Interest
is imputed at the rate of ten percent (10%) per annum, which is
contributed by the officer to the capital of the Company.  No
additional funds were advanced to the Company during the second
quarter of 2000.

     For the three and six months ended June 30 , 2000, general and
administrative expenses were $852 and $4,085, respectively,
compared to $0 and $7,987 for the comparable 1999 periods.  General
and administrative expenses are primarily for legal and accounting
expenses.  These expenses were greater during first half of 1999
due to costs related to the Company's initial filing of its Form
10-SB registration statement in July 1999.  Interest expense was
$200 for the three and six months ended June 30, 2000 compared to
$375 for the second quarter of 1999 and $750 for the first half of
1999.  The Company's net loss for the second quarter and first half
of 2000 was $1,052 and $4,285, respectively, compared to $375 and
$8,737 for the comparable 1999 periods.



     The Company does not anticipate any material revenues until it
is able to complete an acquisition of or merger with an operating
business. During this interim period, the Company anticipates that
its expenses will be stable.

     In the opinion of management, inflation has not and will not
have a material effect on the operations of the Company until such
time as the Company successfully completes an acquisition
or merger.  At that time, management will evaluate the possible
effects of inflation on the Company related to it business and
operations following a successful acquisition or merger.

Plan of Operation

     During the next 12 months, the Company will actively seek out
and investigate possible business opportunities with the intent to
acquire or merge with one or more business ventures.  Because the
Company lacks funds, it may be necessary for the officers and
directors to either advance funds to the Company or to accrue
expenses until such time as a successful business consolidation can
be made.  Management intends to hold expenses to a minimum and to
obtain services on a contingency basis when possible.  Further, the
Company's directors will defer any compensation until such time as
an acquisition or merger can be accomplished and will strive to
have the business opportunity provide their remuneration.  However,
if the Company engages outside advisors or consultants in its
search for business opportunities, it may be necessary for the
Company to attempt to raise additional funds.  As of the date
hereof, the Company has not made any arrangements or definitive
agreements to use outside advisors or consultants or to raise any
capital.

     In the event the Company needs additional capital, most likely
the only method available will be the private sale of its
securities.  Because of the nature of the Company as a development
stage company, it is unlikely that it could make a public sale of
securities or be able to borrow any significant sum from either a
commercial or private lender.  There can be no assurance that the
Company will be able to obtain additional funding when and if
needed, or that such funding, if available, can be obtained on
terms acceptable to the Company.

     The Company does not intend to use any employees, with the
possible exception of part-time clerical assistance on an as-needed
basis.  Outside advisors or consultants will be used only if they
can be obtained for minimal cost or on a deferred payment basis.
Management is confident that it will be able to operate in this
manner and to continue its search for business opportunities during
the next twelve months.


Net Operating Loss

     The Company has accumulated approximately $48,500 of net
operating loss carryforwards as of December 31, 1999, and
approximately $53,000 at June 30, 2000.  This loss carryforward may
be offset against taxable income and income taxes in future years.
The use of these losses to reduce future income taxes will depend
on the generation of sufficient taxable income prior to the
expiration of the net operating loss carryforwards.  The
carry-forwards expire in the year 2020.  In the event of certain
changes in control of the Company, there will be an annual
limitation on the amount of net operating loss carryforwards which
can be used.  No tax benefit has been reported in the financial
statements for the year ended December 31, 1999 or the period ended
June 30, 2000 because there is a 50% or greater chance that the
carryforward will not be used.  Accordingly, the potential tax
benefit of the loss carryforward is offset by a valuation allowance
of the same amount.

Risk Factors and Cautionary Statements

     This report contains certain  forward-looking statements.  The
Company wishes to advise readers that actual results may differ
substantially from such forward-looking statements.  Forward-
looking statements involve risks and uncertainties that could cause
actual results to differ materially from those expressed in or
implied by the statements, including, but not limited to, the
following: the ability of the Company search for appropriate
business opportunities and subsequently acquire or merge with such
entity, to meet its cash and working capital needs, the ability of
the Company to maintain its existence as a viable entity, and other
risks detailed in the Company's periodic report filings with the
Commission.

                             PART II

Item 1.   Legal Proceedings

     There are presently no other material pending legal
proceedings to which the Company or any of its subsidiaries is a
party or to which any of its property is subject and, to the best
of its knowledge, no such actions against the Company are
contemplated or threatened.

Item 2.   Changes In Securities and Use of Proceeds

     This Item is not applicable to the Company.

Item 3.   Defaults Upon Senior Securities

     This Item is not applicable to the Company.

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

     This Item is not applicable to the Company.

Item 5.   Other Information

     This Item is not applicable to the Company.

Item 6.   Exhibits and Reports on Form 8-K

     (a)  Exhibit 27 - Financial Data Schedules

     (b)  Reports on Form 8-K

          No report on Form 8-K was filed by the Company during the
     three month period ended June 30, 2000.




<PAGE>
                            SIGNATURES


     In accordance with the requirements of the Securities Exchange
Act of 1934, the Registrant caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                        QUAZON CORP.



Date:  August 17, 2000             By:  /S/ Steven D. Moulton
                                        STEVEN D. MOULTON
                                        C.E.O., C.F.O., President
                                        and Director




Date:  August 17, 2000             By  /S/ Dianne Reed
                                        DIANE REED
                                        Secretary/Treasurer,  and
                                        Director
                                        (Principal Accounting
                                         Officer)