U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON,D.C. 20549

FORM 10-QSB

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITY EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2000

[ ]  TRANSACTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITY EXCHANGE ACT OF 1934

Commission File No. 1-15597

LANDSTAR, INC.
(Exact name of registrant as specified in its charter)

Nevada                                    860914051
(State or other jurisdiction of           (I.R.S. Employer
incorporation or organization)            Identification No.)

3795 Carey Road
Suite 600,
Victoria, British Columbia, Canada          V8Z 6T8
(Address of principal executive offices)   (Zip Code)

Registrant's telephone number, including area code:(250) 475-6000

Check whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act 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[ ]

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

Class: Common Stock, $.001 par value
Outstanding at March 31, 2000:  38,036,124 shares

<PAGE> 1

LandStar Inc.

INDEX

PART I.  FINANCIAL INFORMATION              		    PAGE

Item 1.  Financial Statements

	 Consolidated Balance Sheet at March 31, 2000	     1

	 Consolidated Statement of Operations for the
	 Three Months Ended March 31, 2000 and 1999	     2

	 Consolidated Statement of Cash Flows for the
	 Three Months Ended March 31, 2000 and 1999	     3

	 Notes to Consolidated Financial Statements	     4

Item 2.	 Management's Discussion and Analysis of
	 Financial Condition and Results of Operations	     5

PART II. OTHER INFORMATION

Items 1 through 6					     6

SIGNATURES

<PAGE>  2



<TABLE>

<CAPTION>

				LANDSTAR INC.
			CONSOLIDATED BALANCE SHEET
	 	 	 AS AT MARCH 31, 2000
				(Unaudited)

<S>
				ASSETS
<C>								<C>

								2000
								----
CURRENT ASSETS

    Cash						    $   4,387
    Accounts receivable					       36,741
    Prepaids and deposits                                       7,767
							    ---------
							       48,895
							    ---------

FIXED ASSETS

    Plant and equipment					      716,965
    Leasehold improvements				       81,920
    Office equipment  					       21,616
    Less: Accumulated depreciation			      (44,007)
							    ----------
							      776,494
							    ----------
INTANGIBLE ASSET
-technology rights net of $169,660 accumulated amortization   715,708
							    ----------
							   $1,541,097
							    ==========


			LIABILITIES AND SHAREHOLDERS EQUITY

CURRENT LIABILITIES

    Accounts payable and accrued expenses		   $  301,563
    Accruals to related parties				      168,010
    Due to related party				      394,910
							   -----------
							      864,483
							   -----------
SHAREHOLDERS EQUITY

    Authorized: 100,000,000 common shares with a par value of $.001

    Issued: 38,036,124 shares				       38,036

    Additional paid-in capital				    4,453,707

    Common share subscriptions, 150,000 shares		       37,500

    Deficit						   (3,852,629)
							  ------------
							      676,614
							  ------------
							  $ 1,541,097
</TABLE>

				Page 1

<PAGE> 3


<TABLE>

<CAPTION>
		CONSOLIDATED STATEMENT OF OPERATIONS AND DEFICIT
		   FOR THE THREE MONTHS ENDED MARCH 31, 2000
				(Unaudited)

<S>						<C>		<C>
						3 MONTHS	3 MONTHS
						  2000		  1999
						--------	--------

REVENUE						$    -  	$    -
						--------	--------

OPERATING COSTS AND EXPENSES

    Research and development			 13,985		    -
    General and administrative 			339,468	 	 576,696
						--------	--------

LOSS FROM OPERATIONS				353,453		 576,696
						--------	--------
NON-OPERATING INCOME AND EXPENSE

    Interest					 12,178		  3,350
    Depreciation and amortization		 63,000		 14,200
						-------		--------
						 75,178		 17,550
						-------		--------

NET LOSS				      $ 428,631	       $ 594,246
						=======		========

NET LOSS PER COMMON SHARE		      $    0.01	       $    0.06
					        =======		========

WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING		     37,789,457        9,615,000
					     ==========	       =========

</TABLE>
				Page  2

<PAGE> 4


<TABLE>
<CAPTION>
			     LANDSTAR INC.
		  CONSOLIDATED STATEMENT OF CASH FLOWS
		FOR THE THREE MONTHS ENDED MARCH 31, 200O
				(Unaudited)

<S>						<C>		<C>
						3 MONTHS	3 MONTHS
						  2000		  1999
						--------	--------
OPERATING ACTIVITIES

    Net Loss for the Period		     $  (428,631)    $  (594,246)
    Add: Non-cash expenses
       - depreciation and amortization		  63,000	  14,200
       - shares for finders fees		    -		  65,000
    Increase (Decrease) in non-cash
       workingcapital items			 146,433	(360,306)
						---------	---------
						(219,198)	(875,352)
						---------	---------

INVESTING ACTIVITIES

    Additions to plant and equipment		(123,584)	  (6,304)
						---------	---------

FINANCING ACTIVITIES

    Issuance of common stock			 193,047	 755,500
    Advances from related parties		 144,080	 131,853
						---------	---------
						 337,127	 887,353
						---------	---------

NET INCREASE (DECREASE) IN CASH			  (5,655)	   5,697

CASH, beginning of period			  10,042	     317
						---------	---------
CASH, end of period			    $      4,387      $    6,014
						=========	=========

</TABLE>

				Page  3
<PAGE> 5


			      LANDSTAR INC
		NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
			  AS AT MARCH 31, 2000


NOTE 1.  UNAUDITED INFORMATION

The consolidated balance sheet as of March 31, 2000 and the
consolidated statements of operations for the three month periods
ended March 31, 2000 and 1999 were taken from the Company's books
and records without audit.  However, in the opionion of management,
such information includes all adjustments (consisting only of normal
recurring accruals) which are necessary to properly reflect the
consolidated financial position of the Company as of March 31, 2000
and the results of operations for the three months ended
March 31, 2000 and 1999.


Certain information and notes included in financial statements
prepared in accordance with generally accepted accounting principles
have been condensed or omitted, although management believes that the
disclosures are adequate to make the information presented not
misleading. Interim period results are not necessarily indicative of
the results to be achieved for and entire year.  These financial
statements should be read in conjunction with the financial statements
and notes to financial statements included in the Company's financial
statements for the year ended December 31, 1999.

NOTE 2.  DUE TO RELATED COMPANY

Kentucky Financial Inc. is related to an officer and director of
the Company.  Kentucky advances funds and makes payments on behalf
of the Company from time to time.  The balance owing to Kentucky
as at March 31, 2000 was $394,910.  The balance is due on demand
without interest.

NOTE 3.  COMMITMENTS

The Company leases office space from and entity affiliated with an
officer and director of the Company for $4,750 per month.  The
term of the lease is through December, 2004.  The Company also leases
d  warehouse space used for its pilot plant.  The terms of the lease
require monthly payments of $4,726  through September, 2000.  Future
minimum lease payments as of March 31, 2000 are as follows:

<TABLE>

<S>				<C>
  Year ending December 31
  -----------------------
		2000		$  71,106
		2001		   57,000
		2002		   57,000
		2003		   57,000
		2004		   57,000

</TABLE>

				Page  4

<PAGE> 6

                 Management Discussion

Management is pleased with the progress made by the company during
the first quarter of 2000. The company filed the 10-SB document on
January 4, 2000 and received an initial comments letter from the
SEC on March 17, 2000.  The process of responding to comments
continued in the second quarter with the most recent response being
filed on July 24, 2000.  A response to this submission is expected
shortly.

The technical support group was enhanced during the first quarter
with the engagement of Bill Klingensmith of Akron Consulting and
Paul Standley of Zephyr Associates to design and execute a testing
program on the de-vulcanization processes to determine the range of
applications that will be suitable for the company's products.
Testing results achieved through the end of June, have indicated
a de-vulcanization level in the RU material in excess of 90% of
cross-links being severed without significant lowering of the
molecular weight of the compound.  The technical team has also made
significant  strides in analyzing the proprietary reactive compounds
used by the company with respect to locating domestic sources and
supplies for manufacture of the compound in company facilities in
North America.

The marketing team has also had a very active operation in the
first half of 2000 with significant progress in incorporating
the company's AMR/(Orion) and RU/(Sirius) materials in a variety
of existing and new products.  The material that can be produced
with AMR includes a wide range of products which have been
typically heat molded using crumb rubber and variety of
polyurethane binders.  With AMR/(Orion) material, these products
can be extruded in some cases using up to 100% AMR at a very
competitive price because of elimination of the polyurethane
binders.

Management has focussed in the early part of 2000 on assembling a
team of experienced managers for various facets of the evolving
business.  We believe strongly that in addition to the unique and
valuable technology that the intellectual property assets of the
company through the acquisition of experienced management personnel
is critical to the development of the company. Management expects
to conclude agreements in the third quarter that will put in place
an extremely competent management team.

Management believes that in addition to acquiring feed stocks from
current producers, the company must develop its own processing
systems.  The company believes that the preparation of
product for market in addition to being marketed through the
manufacture of products, will involve compounding and the company
is evaluating alternatives in the acquisition of development and
rubber compounding capacity.

The Company currently has no revenues as it is in the development
stage.  Monthly cash requirements to continue development and the
recruitment of a full operating management team is approximately
$150,000.  It is the intention of the Company to complete at least
one fully operating plant by the end of 2000 with a production
capacity of approximately 50 tons per day of reactivated rubber.
The estimated cost of this production faciltity would be between
$1.5 and $2.5 million.  The Company intends to obtain funds by
means of private offerings of equity and debt securities or from
bank or other traditional means of financing.

In conclusion, management feels that the consolidation of test
results, development of management personnel, location and
evaluation of processing systems and the review of potential
acquisitions have resulted in the development of a position where
the company is ready to make significant advances in the latter
half of 2000 and early 2001.


On behalf of the Board,


/s/D.E. Fimrite
-------------------
D. Elroy Fimrite
President


<PAGE> 7



LANDSTAR INC.

PART II.

OTHER INFORMATION

Item 1	Legal Proceedings

LEGAL PROCEEDINGS

On December 15, 1999, the Company filed a complaint in the
Supreme Court of British Columbia (file no. C996620) against
Walter Brandl, Dr. F. Kui Lim Lu, Peter Lochhead, Pollutec
Resources Inc., GWN Pyrolytic Corp. and Jan Fikkert.  Dr. F.
Kui Lim Lu beneficially owns more than five percent of the
outstanding common stock of the Company and is a former director
of Rebound Rubber Corp., a subsidiary of the Company.     The
complaint alleges: i) intentional interference by the defendants
with intention to induce the Guangzhou Research Institute to
breach its contracts with the Company, ii) breach of contract
by Dr. Lu, iii) conspiracy by the defendants to convert the
Guangzhou Research Institute contracts or opportunity to their
collective or individual benefit, iv) breach of confidence, v)
intentional interference with business relations, and vi)
defamation.  The Company seeks monetary and injunctive relief.

The defendants have filed a statement of defense which denies
each and every item in the statement of claim. The proceedings
are currently progressing through production of documents and
examinations for discovery. No trial date has been determined.
The Company intends to vigorously pursue this matter.


 Item 2	Changes in Securities
	none

 Item 3	Defaults Upon Senior Securities
	none

 Item 4	Submission of Matters to a Vote of Security Holders
	none

 Item 5	Other Information
	none

 Item 6	Exhibits and Reports of Form 8-K
	none


			Page  5

<PAGE> 8



LANDSTAR INC.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned thereto duly authorized.


on August 2, 2000


LANDSTAR INC.


BY:	/s/ D.E. Fimrite
	-----------------
	D. Elroy Fimrite
	President


BY:	/s/ M.C. PINCH
	-----------------
	Michael C. Pinch
	Secretary and Chief Financial Officer


			Page  6

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