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|UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 | OMB Number:	3235-0416
|Expires:	December 31, 2005                                             
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FORM 10-QSB<R>/A</R>



|(Mark One)                                                                            
|--------------------------------------------------------------------------------------
|[X]                                                                                   
|For the quarterly period ended: March 31, 2003                                        
|Or                                                                                    
|[ ]                                                                                   
|For the transition period from ____________ to _____________                          
|Commission File Number: 0-31503                                                       
|E-COM TECHNOLOGIES CORPORATION                                                        
|Nevada
(State or other jurisdiction of incorporation or organization)                 
|720-475 Howe Street, Vancouver, B.C., Canada
(Address of principal executive offices) 
|(604) 608-6336(Registrant's telephone number, including area code)                    
|N/A
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. 
Yes [X] No [ ]

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

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
Yes [ ] No [ ]

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 12,750,157 (May 1, 2003)



TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT

Yes [ ] No [X]

E-COM TECHNOLOGIES CORPORATION





Table of Contents



|                                                                                                                                                | Page
|----------------------------------------------------------------------------------------------------------------------------------------------- | ----
|PART I - FINANCIAL INFORMATION                                                                                                                  |     
|Item 1. Consolidated Financial Statements                                                                                                       |     
|Unaudited Interim Consolidated Balance Sheet as at March 31, 2003 and December 31, 2002                                                         | 3   
|Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss for the 3-month periods ended March 31, 2003 and March 31, 2002. | 4   
|Unaudited Interim Consolidated Statement of Stockholders' Equity                                                                                | 5   
|Unaudited Interim Consolidated Statements of Cash Flows for the 3-month periods ended March 31, 2003 and March 31, 2002                         | 6   
|Notes to Unaudited Interim Consolidated Financial Statements                                                                                    | 7   
|Item 2. Management's Discussion and Plan of Operation                                                                                           | 10  
|Item 3. Controls and Procedures                                                                                                                 | 12  
|PART II - OTHER INFORMATION                                                                                                                     |     
|Item 1. Legal Proceedings                                                                                                                       | 13  
|Item 2. Changes in Securities and Use of Proceeds                                                                                               | 13  
|Item 3. Defaults Upon Senior Securities                                                                                                         | 13  
|Item 4. Submission of Matters to a Vote of Securities Holders                                                                                   | 13  
|Item 5. Other Information                                                                                                                       | 13  
|Item 6. Exhibits and Reports on Form 8-K                                                                                                        | 13  



Item 1. Financial Statements











Interim Consolidated Financial Statements 
(Expressed in United States dollars)

E-Com Technologies corporation

Three-month periods ended March 31, 2003 and 2002

(Unaudited)

E-com technologies Corporation

Interim Consolidated Balance Sheets

March 31, 2002 and December 31, 2002

(Expressed in United States dollars)

|                                                           | March 31,   | December 31,
|---------------------------------------------------------- | ----------- | ------------
|                                                           | 2003        | 2002        
|Assets                                                     | (unaudited) | (Audited)   
|Current assets:                                            |             |             
|Cash                                                       | $ -         | $ 12,470    
|Accounts receivable                                        | 3,180       | 3,382       
|Prepaid expenses                                           | 2,964       | 2,764       
|                                                           | 6,144       | 18,616      
|Capital assets, net of accumulated depreciation of $33,172 |             |             
|(2002 - $43,101)                                           | 5,382       | 7,592       
|Total assets                                               | $ 11,526    | $ 26,208    
|Liabilities and Stockholders' Deficiency                   |             |             
|Current liabilities:                                       |             |             
|Bank indebtedness                                          | $ 109       | $ -         
|Accounts payable and accrued liabilities                   | 77,211      | 81,686      
|Due to related parties - note 4                            | 240,999     | 221,030     
|Loans payable                                              | 64,748      | 64,748      
|Current capital lease obligation                           | 1,036       | 2,544       
|                                                           | 384,103     | 370,008     
|                                                           |             |             
|Long-term capital lease obligation                         | 2,242       | 2,548       
|Convertible debt, net of discount of $4,558                |             |             
|(2002 - $4,972)                                            | 67,802      | 67,388      
|Total liabilities                                          | 454,147     | 439,944     
|                                                           |             |             
|Stockholders' deficiency:                                  |             |             
|Common stock:                                              |             |             
|Authorized:                                                |             |             
|90,000,000 common voting shares, par value of $0.001       |             |             
|per share                                                  |             |             
|10,000,000 preferred stock, par value of $0.001            |             |             
|per share                                                  |             |             
|Issued and outstanding:                                    |             |             
|12,750,157 common stock (2002 - 12,750,157)                | 12,750      | 12,750      
|Additional paid-in capital                                 | 247,824     | 247,824     
|Deficit                                                    | (683,795)   | (677,665)   
|Accumulated other comprehensive income:                    |             |             
|Cumulative translation adjustment                          | (19,400)    | 3,355       
|Total stockholders' deficiency                             | (442,621)   | (413,736)   
|Total liabilities and stockholders' deficiency             | $ 11,526    | $ 26,208    

See accompanying notes to interim consolidated financial statements.

E-com technologies Corporation

Interim Consolidated Statements of Operations and Comprehensive Loss

(Unaudited)

(Expressed in United States dollars)

Three-month periods ended March 31, 2003 and 2002

|                                          | 2003       | 2002      
|----------------------------------------- | ---------- | ----------
|Revenues:                                 |            |           
|Website and programming services          | $ -        | $ 9,584   
|Hardware/software sales                   | -          | -         
|                                          | -          | 9,584     
|Cost of sales and services                | -          | 8,879     
|Gross profit                              | -          | 705       
|Expenses:                                 |            |           
|Depreciation and amortization             | 1,756      | 4,043     
|Interest expense                          | 3,023      | 2,116     
|Selling, general and administrative       | 1,452      | 47,109    
|Total expenses                            | 6,231      | 53,268    
|Loss before other:                        | (6,231)    | (52,563)  
|Gain on disposal of capital assets        | 101        | -         
|Loss for the period                       | (6,130)    | (52,563)  
|Other comprehensive loss:                 |            |           
|Foreign currency translation adjustment   | (22,755)   | 131       
|Comprehensive loss                        | $ (28,885) | $ (52,432)
|                                          |            |           
|Basic and diluted loss per share          | $ (0.00)   | $ (0.00)  
|                                          |            |           
|Basic and diluted weighted average shares | 12,750,157 | 12,750,157

See accompanying notes to interim consolidated financial statements.

E-com technologies Corporation

Interim Consolidated Statements of Stockholders' Equity (Deficiency)

(Unaudited)

(Expressed in United States dollars)

Three-month period ended March 31, 2003

|                                                                                  |              |            |           |             | Total        
|--------------------------------------------------------------------------------- | ------------ | ---------- | --------- | ----------- | -------------
|                                                                                  |              | Additional | Retained  | Cumulative  | stockholders'
|                                                                                  | Common stock | paid-in    | earnings  | translation | equity       
|                                                                                  | Shares       | Amount     | capital   | (deficit)   | adjustment   
|Balance, January 29, 1999                                                         |              |            |           |             |              
|issued for cash at $.0004                                                         |              |            |           |             |              
|per share post 2.5:1 split                                                        | 7,500,000    | $ 3,000    | $ -       | $ -         | $ -          
|April 4, 1999:                                                                    |              |            |           |             |              
|Issued for cash                                                                   | 3,000,000    | 1,200      | -         | -           | -            
|                                                                                  |              |            |           |             |              
|Foreign currency translation adjustments                                          | -            | -          | -         | -           | (3)          
|                                                                                  |              |            |           |             |              
|Net earnings                                                                      | -            | -          | -         | 3,350       | -            
|                                                                                  |              |            |           |             |              
|Balance, December 31, 1999                                                        | 10,500,000   | 4,200      | -         | 3,350       | (3)          
|                                                                                  |              |            |           |             |              
|April 30, 2000:                                                                   |              |            |           |             |              
|Issued for cash                                                                   | 1,195,650    | 1,196      | 118,369   | -           | -            
|                                                                                  |              |            |           |             |              
|April 30, 2000:                                                                   |              |            |           |             |              
|Issued for services                                                               | 129,250      | 129        | 12,796    | -           | -            
|                                                                                  |              |            |           |             |              
|April 30, 2000:                                                                   |              |            |           |             |              
|Issued for cash                                                                   | 677,013      | 677        | 67,024    | -           | -            
|                                                                                  |              |            |           |             |              
|September 18, 2000:                                                               |              |            |           |             |              
|Issued for services                                                               | 12,000       | 12         | 1,188     | -           | -            
|                                                                                  |              |            |           |             |              
|November 15, 2000:                                                                |              |            |           |             |              
|Issued for cash                                                                   | 45,244       | 45         | 6,742     | -           | -            
|                                                                                  |              |            |           |             |              
|December 28, 2000:                                                                |              |            |           |             |              
|Issued for services                                                               | 106,000      | 106        | 4,894     | -           | -            
|                                                                                  |              |            |           |             |              
|Authorized par value change resulting in a
decrease in additional paid-in-capital | -            | 6,300      | (6,300)   | -           | -            
|                                                                                  |              |            |           |             |              
|Detachable warrants issued with convertible debt                                  | -            | -          | 8,287     | -           | -            
|                                                                                  |              |            |           |             |              
|Stock compensation                                                                | -            | -          | 16,103    | -           | -            
|                                                                                  |              |            |           |             |              
|Conversion benefit of convertible debt                                            | -            | -          | 8,287     | -           | -            
|                                                                                  |              |            |           |             |              
|Foreign currency translation adjustments                                          | -            | -          | -         | -           | (672)        
|                                                                                  |              |            |           |             |              
|Loss for the year                                                                 | -            | -          | -         | (287,656)   | -            
|                                                                                  |              |            |           |             |              
|Balance, December 31, 2000                                                        | 12,665,157   | 12,665     | 237,390   | (284,306)   | (675)        
|                                                                                  |              |            |           |             |              
|May 25, 2001:                                                                     |              |            |           |             |              
|Issued for services                                                               | 75,000       | 75         | 7,425     | -           | -            
|                                                                                  |              |            |           |             |              
|June 25, 2001:                                                                    |              |            |           |             |              
|Issued for services                                                               | 10,000       | 10         | 990       | -           | -            
|                                                                                  |              |            |           |             |              
|Services rendered relating to prior year share
issuance                           | -            | -          | 14,000    | -           | -            
|                                                                                  |              |            |           |             |              
|Stock compensation                                                                | -            | -          | (13,103)  | -           | -            
|                                                                                  |              |            |           |             |              
|Foreign currency translation adjustments                                          | -            | -          | -         | -           | 4,904        
|                                                                                  |              |            |           |             |              
|Loss for the year                                                                 | -            | -          | -         | (249,151)   | -            
|                                                                                  |              |            |           |             |              
|Balance, December 31, 2001                                                        | 12,750,157   | 12,750     | 246,702   | (533,457)   | 4,229        
|                                                                                  |              |            |           |             |              
|Stock compensation                                                                | -            | -          | 1,122     | -           | -            
|                                                                                  |              |            |           |             |              
|Loss for the year                                                                 | -            | -          | -         | (144,208)   | -            
|                                                                                  |              |            |           |             |              
|Foreign currency translation of adjustments                                       | -            | -          | -         | -           | (874)        
|                                                                                  |              |            |           |             |              
|                                                                                  |              |            |           |             |              
|Balance, December 31, 2002                                                        | 12,750,157   | 12,750     | 247,824   | (677,665)   | 3,355        
|Loss for the period                                                               | -            | -          | -         | (6,130)     | -            
|                                                                                  |              |            |           |             |              
|Foreign currency translation of adjustments                                       | -            | -          | -         | -           | (22,755)     
|                                                                                  |              |            |           |             |              
|                                                                                  |              |            |           |             |              
|Balance, March 31, 2003                                                           | 12,750,157   | $ 12,750   | $ 247,824 | $ (683,795) | $ (19,400)   

See accompanying notes to interim consolidated financial statements.

E-com technologies Corporation

Interim Consolidated Statements of Cash Flows

(Unaudited)

(Expressed in United States dollars)

Three month periods ended March 31, 2003 and 2002

|                                               | 2003      | 2002      
|---------------------------------------------- | --------- | ----------
|Cash provided by (used in):                    |           |           
|Operating activities:                          |           |           
|Loss for the period                            | $ (6,130) | $ (52,563)
|Non-cash items:                                |           |           
|Depreciation                                   | 1,756     | 4,043     
|Gain on disposal of capital assets             | (101)     | -         
|Interest expense of conversion option          |           |           
|benefit of convertible debt                    | 414       | 414       
|Changes in non-cash operating working capital: |           |           
|Accounts receivable                            | 442       | 10,010    
|Prepaid expense                                | 7         | (822)     
|Work-in-progress                               | -         | 5,286     
|Accounts payable and accrued liabilities       | (11,498)  | (4,043)   
|                                               | (15,510)  | (37,675)  
|Financing activities:                          |           |           
|Repayment of obligations under capital lease   | (1,706)   | (1,663)   
|Issuance of debt due to related parties        | 3,341     | 32,091    
|Issuance of loans payable                      | -         | 3,433     
|Bank indebtedness                              | 109       | -         
|                                               | 1,744     | 33,861    
|Effect of foreign currency translation on cash | 1,296     | 131       
|Decrease in cash                               | (12,470)  | (3,683)   
|Cash, beginning of period                      | 12,470    | 3,870     
|Cash (bank indebtedness), end of period        | $-        | $ 187     
|                                               |           |           
|Supplementary disclosure:                      |           |           
|                                               |           |           
|Income taxes paid                              | $ -       | $ -       
|                                               |           |           
|Interest expense paid                          | $ 204     | $ 2,530   
|                                               |           |           

See accompanying notes to interim consolidated financial statements.

E-com technologies Corporation

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)

Three-month period ended March 31, 2003





1.	Basis of presentation:

The unaudited condensed interim consolidated financial statements have been prepared by E-Com Technologies Corp. ("E-Com") in accordance with generally accepted accounting principles in the United States and reflect all adjustments (all of which are normal and recurring in nature) that, in the opinion of management, are necessary for fair presentation of the interim periods presented. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for any subsequent quarter or for the entire year ending December 31, 2003. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. These unaudited condensed consolidated financial statements and notes included herein should be read in conjunction with E-Com's audited consolidated financial statements and notes for the year ended December 31, 2002, included in E-Com's Annual Report on Form 10-KSB. The accounting principles applied in the preparation of these interim financial statements are consistent with those applied for the year ended December 31, 2002.

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary E-Com Consultants (Canada) Corp. All intercompany balances and transactions have been eliminated.



2.	Operations:

The Company was organized on January 29, 1999 (Inception) under the laws of the State of Nevada as E-Com Technologies Corporation. The Company has a 100% owned subsidiary, E-Com Consultants (Canada) Corp., which was incorporated in the province of British Columbia, Canada on February 11, 1999. On November 10, 2000, the Company became a fully registered issuer reporting with the United States Securities and Exchange Commission. On December 15, 2000, the Company began trading on the National Association of Securities Dealer - Over-the-Counter Bulletin Board.

The Company develops e-commerce solutions, web-based applications, performs Internet marketing and consulting services and designs and hosts web sites.

The Company's interim consolidated financial statements are prepared on a going concern basis in accordance with generally accepted accounting principles in the United States which contemplates the realization of assets and discharge of liabilities and commitments in the normal course of business. Certain conditions, discussed below, currently exist which raise substantial doubt about the validity of this assumption. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.



E-com technologies Corporation

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)

Three month period ended March 31, 2003





2.	Operations (continued):

The Company generates revenues from website services and sales of hardware and software, but such revenues are not yet sufficient to cover operating costs. Furthermore, the Company has experienced negative cash flows from operations for the three month period ended March 31, 2003. The Company plans to increase revenue through marketing efforts, business development and also plans to seek additional equity financings to fund future operations. Through March 31, 2003 no such additional financing has been obtained and there is no assurance that such financing will be available in the future, when required, and on an economic basis. If the Company is unable to generate sufficient cash inflows, it may be required to reduce or limit operations.

For the period from incorporation to March 31, 2003, the Company operated as one business segment, Internet and related services.

All of the Company's revenues are generated in Canada.



3.	Convertible debt with detachable warrants:

1. On November 15, 2000, the Company issued a convertible debenture for proceeds of $24,860. The convertible debenture has an interest rate of 9% and is convertible into common shares of the Company at the lower of $0.10 per share or 80% of the average closing price ("Conversion Price"). Interest is payable with common shares upon conversion, or with cash upon maturity of the debenture. The debentures are convertible into common shares of the Company at any time beginning May 15, 2001 and are redeemable at the option of the Company at 120% of the outstanding amount, with 100% payable in cash and 20% payable, at the option of the Company, in cash or in common shares at the Conversion Price. 124,300 detachable warrants, convertible into common shares of the Company, were issued in conjunction with the convertible debt. These warrants expired on November 15, 2002 without being exercised.

The proceeds from the issuance of convertible debt securities with detachable warrants has been allocated between the warrants, the debt security, and the beneficial conversion option.

The fair value of the convertible debenture and the detachable warrants were calculated using the Black-Scholes option-pricing model. The value of proceeds allocated to the detachable warrants totaled $8,287 and is being amortized over the life of the convertible debt. At the convertible debt commitment date, the value attributed to the beneficial conversion option was $8,287 which was amortized over the period to the first conversion date of May 15, 2001.

E-com technologies Corporation

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)

Three month period ended March 31, 2003





3.	Convertible debt with detachable warrants (cont'd):

(b)	On March 14, 2001 the Company issued a convertible debenture for proceeds of $30,000. The Company issued an additional $17,500 in convertible debenture on May 22, 2001 pertaining to the same subscription agreement for an aggregate total of $47,500. The convertible debenture has an interest rate of 9% and is convertible into common shares of the Company at the lower of $0.075 per share or 75% of the average closing price. Interest is payable with common shares upon conversion, or with cash upon maturity of the debenture.

The debentures are convertible into common shares of the Company at any time beginning September 12, 2001 and are redeemable at the option of the Company at 120% of the outstanding amount.

The value of the proceeds allocated to the convertible debt is as follows:



|                                                    | March 31, | December 31,
|--------------------------------------------------- | --------- | ------------
|                                                    | 2003      | 2002        
|Face value of debt                                  | $ 72,360  | $ 72,360    
|Discount attributed to warrants                     | (4,558)   | (4,972)     
|Discount attributed to beneficial conversion option | -         | -           
|                                                    |           |             
|                                                    | $ 67,802  | $ 67,388    



The convertible debentures and detachable warrants have not been registered with United States Securities Exchange Commission, or the Securities Commission of any state.

4.	Related party transactions:

Related party transactions not disclosed elsewhere in these consolidated financial statements are as follows:

(a)	Included within general and administration expenses is $NIL (2002 - $30,111) charged by companies controlled by officers and directors of the Company. The fees were charged in consideration for the provision of management and consulting services to the Company.

At March 31, 2003, due to related parties includes an amount of $240,999 payable to companies controlled by officers and directors of the Company for management fees. At December 31, 2002, this balance was $221,030.

(b)	The Company utilizes certain office and operating equipment that is provided by Companies that are owned by the Company's Directors at no charge.

E-com technologies Corporation

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)

Three month period ended March 31, 2003





5.	Capital Stock:

The following table summarizes information concerning outstanding and exercisable options at March 31, 2003:

Options outstanding	Options exercisable

Weighted

average	Weighted		Weighted

remaining	average		average

Exercise	Number	contractual	exercise price	Number	exercise price

prices	outstanding	life (in years)	per share	exercisable	per share

$0.10	130,000	2.95	$0.10	130,000	$	0.10



The expiry date of these options is December 11, 2005.

Item 2. Management's Discussion and Plan of Operation



Forward-Looking Statements

This Quarterly Report contains forward-looking statements about our business, financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. If any of our assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize, our actual results may differ materially from those indicated by the forward-looking statements.

The key factors that are not within our control and that may have a direct bearing on operating results include, but are not limited to, the acceptance of our products and services, our ability to expand our customer base, our ability to raise capital in the future, the retention of key employees and changes in the regulation of our industry.

There may be other risks and circumstances that we are unable to predict. When used in this Quarterly Report, words such as, "believes," "expects," "intends," "plans," "anticipates," "estimates"and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.

General

E-Com Technologies Corporation("E-Com" or the "Company"), a Nevada corporation, was incorporated on January 29, 1999. We are an information technology company employing the latest technologies to develop solutions for a global marketplace. Our principal products and services include the development of e-commerce applications, web site architecture, database design and programming, domain name registration, Internet marketing and consulting and custom programming of web based applications. Our mission is to provide quality Internet professional services for clients interested in building and developing their e-commerce strategies.

We have an experienced management team with expertise in the areas of technology, finance, marketing and promotion. Headquartered in Vancouver, Canada, our Company is poised to capitalize on the technological resources that are readily available at a significantly lower cost than in most regions of North America. We also have organized talented offshore programming teams who provide assistance on various projects at costs substantially lower than in North America. The Company filed its Form 10-SB with the United States Securities and Exchange Commission, which became effective November 10, 2000. As of December 15, 2000 our common shares have been quoted for trading on the OTC Bulletin Boardâunder the symbol "ECTC".

Results of Operations

The Company generated revenues of $101 for the quarter ended March 31, 2003, as compared to $9,584 in the quarter ended March 31, 2002. This represents a decrease of $9,483 (99.0%) as compared to the same period in the prior year. This large decrease in revenue is a result of the Company being forced to scale down operations due to limited resources available for marketing, staffing, programming and management. Other than the time of our officers, we have almost no resources available to operate the Company. We have been forced to cease the operation of our web hosting division entirely and have not been in a position to carry on any marketing activities, which has caused sales revenue from operations to decline to almost zero. The first quarter revenue resulted from the disposal of computer equipment, which was not being used in operations. We did not generate any revenues from website and programming services due to the closure of our web hosting services and a lack of contracts for programming and design services. Revenues from website and programming services declined to nil from $9,584 in the same quarter in the prior year.

Cost of sales was nil for quarter, as we did not generate any revenues from operations. This is a decrease of $8,879 from the same quarter in the prior year. Gross profits were negligible with the entire amount being due to the disposal some of our computer equipment.

Total operating expenses were $6,231 for the quarter ended March 31, 2003 as compared to $53,268 for the same period in 2002, for a decrease of $47,037 (88.3%). The decrease can be attributed to the vast reduction in operations which we were forced to make due to limited resources available. The operating expenses were comprised of $1,756 in depreciation and amortization expense, $3,023 in interest expense relating to debt outstanding and leases on equipment and $1,452 in selling, general and administrative. Selling, general and administrative expenses accounted for most of the decrease as we have now been forced to lay-off all staff and vacate the Company's former office. An officer of the Company is now providing our head office for no charge to the Company.

We had a net loss of $6,130 for the quarter ended March 31, 2003 as compared to a net loss of $52,563 for the comparable period in 2002. The decrease in net losses was due to lower operating expenses, primarily selling, general and administrative expenses, as discussed above.

The Company now has no full time staff and officers of the Company are allocating approximately 10% of their time to the Company. The efforts of management are focusing on development or acquisition of a new business venture and a plan for financing the Company's future operations.



Plan of Operation

We are still carrying on our existing business, although to a substantially reduced extent due to our limited resources. We currently have no resources to devote to marketing efforts, however, should our existing or new clients require our services we will engage contract programmers to perform the services required.

We currentlydo not havecash resourcesto carry on business at any significant level. We are seeking additional equity and debt financing to provide additional resources for the Company and we will need additional capital to sustain the Company through the next twelve months.

Management's primary focus currently is to aggressively seek merger and acquisition strategies targeting companies which will provide some synergy with our existing business activities and help to accelerate the growth of our Company. Given the current position of the Company and the fact that it is not likely we will be able to attract additional capital on favorable terms we are also considering merger and acquisition strategies, which may involve a change in the Company's business, with the main objective being the enhancement of shareholder value.

Officers and directors have been providing some funds to the Company through payment of expenses on behalf of the Company and advances directly to the Company, however, these resources are also limited. Without additional financing we may be required to completely cease operations and may not be in a position to continue business.

Liquidity and Capital Resources

As at March 31, 2003 we had bank indebtedness of $109 and nil cash on hand. Our working capital deficiency was $377,959. The Company's current financial condition is not strong due to this working capital deficiency and the fact that currently our operating costs exceed our revenues and our revenues have been declining. Management has taken steps to cut all discretionary spending and reduce overhead to the largest extent possible, and has been forced to reduce operations to a bare minimum.

We are attempting to raise additional funds through a private placement or public offering of equity or debt instruments to increase the current level of operations and to provide for additional staffing in our marketing and programming departments and to provide funds to seek potential merger and acquisition candidates. If available, the Company will also consider loans or debentures from lenders. If adequate equity or debt funding cannot be obtained, we may be required to completely cease operations.

The Company's interim consolidated financial statements are prepared on a going concern basis in accordance with generally accepted accounting principles in the United States which contemplates the realization of assets and discharge of liabilities and commitments in the normal course of business. Certain conditions, discussed below, currently exist which raise substantial doubt about the validity of this assumption. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.



We expect the Company will generate some revenues from website and programming services, but we do not expect that such revenues will be sufficient to cover operating costs in the short-term. Furthermore, the Company has experienced negative cash flows from operations for the three months ended March 31, 2003 and in the prior two fiscal years.

Risk Factors

INVESTING IN OUR COMPANY INVOLVES CONSIDERABLE RISK. YOU SHOULD CAREFULLY CONSIDER THE RISKS SET FORTH IN THIS FILING AND OTHER FILINGS IN DETAIL BEFORE MAKING AN INVESTMENT DECISION. THESE RISKS AND UNCERTAINTIES ARE NOT THE ONLY ONES THAT WE FACE OR THAT MAY ADVERSELY AFFECT OUR BUSINESS. IF ANY OF THE FOLLOWING RISKS OR UNCERTAINTIES ACTUALLY OR PARTIALLY OCCURS, OUR COMPANY, FINANCIAL CONDITION, OR RESULTS OF OPERATIONS COULD BE MATERIALLY ADVERSELY AFFECTED. THIS FILING ALSO CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS THAT INHERENTLY INVOLVE RISK AND UNCERTAINTY. OUR ACTUAL RESULTS COULD DEVIATE MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS. THIS COULD OCCUR BECAUSE OF THE RISKS SET FORTH IN THIS DOCUMENT, OUR OTHER FILINGS, OR UNANTICIPATED EVENTS AND OCCURRENCES NOT YET FORESEEN.

We are currently not generating positive cash flow and may not have the cash, equity capital, credit, or working capital to pay our current expenditures. Sales may not grow to the levels forecast and new product and service introductions may be delayed. We are seeking equity financing which may not be available on acceptable on terms and conditions to us, if at all. The auditors' report on our December 31, 2002 and December 31, 2001 consolidated financial statements includes an additional explanatory paragraph that states that the Company has incurred losses from operations and has a working capital deficiency that raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any adjustment that might result from the outcome of this uncertainty

We are operating at significant loss, which will further erode our already limited resources. We are currently attempting to develop new business, which if successful will enable us to generate positive cash flow. However, there is no assurance that this can be accomplished before our limited resources are exhausted.

We operate in a highly competitive industry and are competing with companies with substantially more financial resources and brand awareness.

Additional Executive and information technology personnel need to be hired. However, given our limited financial resources this may be difficult to achieve.

The trading price of our common stock could be subject to significant fluctuations. We have convertible debentures and share purchase warrants outstanding which, if converted to common shares, could substantially dilute existing shareholders. We can not predict what effect, if any, this would have on our share price.

Break-even cash flow will depend on us successfully completing and selling new products and obtaining new contracts for our services. There can be no assurances that there will be market acceptance of upcoming new products or that we will be successful in securing new contracts for our products and services.



Item 3. - Controls and Procedures

On March 1, 2003 the Company carried out an evaluation of the effectiveness of the design and operation of the Company's disclosure controls and procedures (as defined in Exchange Act Rule 13a-14c). Based upon that evaluation, the Chief Executive and Financial Officer concluded that the Company's disclosure controls and procedures are effective given the limited operations of the Company.

There were no significant changes in the Company's internal controls or in other factors that could significantly affect these controls subsequent to the date of the evaluation.





PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 2. Changes in Securities and Use of Proceeds

None

Item 3. Defaults Upon Senior Securities

None

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

None

Item 5. Other Information

None

Item 6(a). Exhibits



|Exhibit Number | Name and/or Identification of Exhibit                                                                                                                                                                                                                    
|-------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|3              | Articles of Incorporation & By-Laws                                                                                                                                                                                                                      
|               | (a)Articles of Incorporation of the Company filed January 29, 1999. Incorporated by reference to the exhibits to the Company's General Form For Registration Of Securities Of Small Business Issuers on Form 10-SB, previously filed with the Commission.
|               | (b)By-Laws of the Company adopted January 29, 1999. Incorporated by reference to the exhibits to the Company's General Form For Registration Of Securities Of Small Business Issuers on Form 10-SB, previously filed with the Commission.                
|99.1           | <R>Section 302 Certification</R>                                                                                                                                                                                                                         
|99.2           | <R>Section 302 Certification                                                                                                                                                                                                                             
|99.3           | Section 906 Certification</R>                                                                                                                                                                                                                            

Item 6(b). Reports on Form 8-K

None.























SIGNATURES

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

E-Com Technologies Corporation



Dated: October 16, 2003



By: /s/ Kyle Werier

Kyle Werier, President and Director



By: /s/ Ron Jorgensen

Ron Jorgensen, Chief Financial Officer and Director

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