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

                                    FORM 10-Q

(Mark One)


X    QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934

     For  quarterly period ended June 30, 2000

     TRANSITION REPORT  PURSUANT TO SECTION 13 OR 15 (d) OF THE  SECURITIES
     EXCHANGE ACT OF 1934


Commission file number:  001-14889


                           INTERNET FOOD COMPANY, INC.
                           ---------------------------
             (exact name of registrant as specified in its charter)


        Nevada                                              88-0390657
        ------                                              ----------
(State or other jurisdiction of                (IRS Employer Identification No.)
incorporation or organization)

631-a Cass  Street, Suite 181, Monterey, California                  93940
---------------------------------------------------                  -----
(Address of principal executive offices)                           (Zip Code)

Registrant's telephone number, including area code:    (831) 647-8553


Indicate  by check  mark  whether  the  registrant:  (1) has filed  all  reports
required 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 for the
past 90 days. X Yes No

The number of shares of the  Registrant's  Common Stock,  $.001 par value, as of
June 30, 2000 was 17,780,695 outstanding.

<PAGE>

PART I - FINANCIAL INFORMATION

To the Board of Directors
Internet Food Company, Incorporated
Monterey, California

I have  reviewed  the  accompanying  balance  sheets of Internet  Food  Company,
Incorporated,  as of June  30,  2000  and  1999  and the  related  statement  of
operations  stockholders'  equity  and the  statement  of cash flows for the six
months then ended, in accordance with Statements on Standards for Accounting and
Review   Services  issued  by  the  American   Institute  of  Certified   Public
Accountants.  All  information  included in these  financial  statements  is the
representation of the management of Internet Food Company, Incorporated.

A review consists  principally of inquiries of company  personnel and analytical
procedures  applied to financial data. It is substantially less in scope than an
audit in accordance with generally accepted auditing standards, the objective of
which is the expression of an opinion  regarding the financial  statements taken
as a whole. Accordingly, I do not express such as opinion.

Based on my review, I am not aware of any material  modifications that should be
made to the  accompanying  financial  statements and the  cumulative  results of
operations  and cash flows in order for them to be in conformity  with generally
accepted accounting principles.

/s/ Hawkins Accounting
----------------------

August 15, 2000


<PAGE>

                           INTERNET FOOD COMPANY, INC.
                                 BALANCE SHEET
                             June 30, 2000 and 1999

<TABLE>
<CAPTION>
                                                                2000                    1999
                                                                ----                    ----
<S>                                                             <C>                     <C>
ASSETS
Current assets
        Cash and cash equivalents                               $          129          $         3,096
        Accounts receivable-trade                                                                    97
        Accounts receivable-barter                                         794                    5,546
        Due from affiliate                                                 100                      100
        Inventory                                                          460                    2,138
                Total current assets                                     1,483                   10,977

Equipment
        Equipment                                                          700                      700
        (Less) Accumulated depreciation                                   (200)                    (100)
                                                                           500                      600
Other assets
        Trade name                                                       6,050                    6,050

Total assets                                                    $        8,033          $        17,627

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities
        Accounts payable                                        $       17,312          $           389
        Note payable-R. Strahl                                           2,850                    2,650
        Note payable-Monterey Ventures                                  10,913                    9,113
        State corporate tax payable                                        400                      400
                Total current liabilities                               31,275                   12,552

Shareholders' equity
        Capital stock, per value $ .10, 50,000,000 authorized
                17,780,866 shares Issued and outstanding             1,778,070                1,778,070
        Paid in capital                                             (1,645,670)              (1,645,670)
        Common stock offering casts                                     (6,150)                  (6,150)
        Retained earnings                                             (149,492)                 (21,175)
                Total shareholders' equity                             (23,242)                   5,075

Total liabilities and shareholders' equity                      $        8,033          $        17,627

</TABLE>

              see accompanying notes and accountant's review report

                                        2

<PAGE>

                           INTERNET FOOD COMPANY, INC.
                             STATEMENT OF OPERATIONS
                 For the six months ended June 30, 2000 and 1999

<TABLE>
<CAPTION>

                                                                          Six months ended
                                                                    2000                       1999
                                                                    ----                       ----
<S>                                                                 <C>                        <C>
Sales                                                               $         2,237            $         13,009
Cost of sales                                                                 2,174                       9,028
Gross profit                                                                     63                       3,981
Operating expenses
     Advertising                                                                214                          45
     Bank charges                                                                74                         559
     Consulting fees                                                            872                      23,786
     Depreciation                                                                50                         100
     Dues and subscriptions                                                     562                         380
     Equipment Jease                                                                                      2,937
     License and perrru'ts                                                                                  321
     Management fees                                                                                      6,500
     Office expense                                                             333                       1,130
     Postage and delivery                                                     1,108                       1,290
     Professional fees                                                        4,575                       9,885
     Rent                                                                     1,250                       4,416
     Travel and entertainment                                                                             1,942
     Telephone                                                                  841                         636
     Organization costs
            Total operating expenses                                          9,679                      53,927
            Loss from operations                                             (9,616)                    (49,946)
Other income and (expense)
     Loss on sale of investments                                                                           (499)
     Interest expense                                                                                      (660)
                                                                                                         (1,159)
Loss prior to income taxes                                                   (9,616)                    (51,105)
State corporate income tax                                                      800                         800
Net loss                                                            $       (10,416)           $        (51,905)

Loss per common share                                               $       (0.0006}           $        (0.0030)
Weighted average
      of shares outstanding                                              17,780,695                  17,441,067

</TABLE>


              See accompanying notes and accountant's review report

                                        3

<PAGE>

                           INTERNET FOOD COMPANY, INC.
                        STATEMENT OF SHAREHOLDERS' EQUITY
                             June 30, 2000 and 1999

<TABLE>
                                      1999
                                      ----
<CAPTION>
                                        Common Stock
                                                                       Paid in            Offering      Retained
                                   Shares            Amount            Capital            Costs         Earnings
                                   ------            ------            -------            -----         --------
<S>                                <C>               <C>               <C>                <C>           <C>
Balance,
  December 31, 1998                 16,167,696       $  1,616,770      $   (1,552,070)    $     (6,150) $   (69,270)
Options issued                       1,040,000            104,000             (93,600)
Stock issued                           573,000             57,300
Net loss for the period                                                                                     (51,905)
                                    17,780,695       $  1,778,070      $    1,645 670     $      6,150  $   121,175

                                                         2000
                                                         ----
Balance,
  December 31, 1999                 17,780,695       $  1,778,070      $   (1,645,670)    $     (6,150) $  (139,076)
Net loss for the period                                                                                      10,416
                                    17,780,695          1,778,070           1,645,670            6,150     (149,492)
</TABLE>


              See accompanying notes and accountant's review report

                                        4


<PAGE>

                           INTERNET FOOD COMPANY, INC.
                    STATEMENT OF CASH FLOWS - INDIRECT METHOD
                 For the six months ended June 30, 2000 and 1999

<TABLE>
<CAPTION>
                                                                        2000                    1999
                                                                        ----                    ----
<S>                                                                     <C>                     <C>
Cash flows from operating activities
     Net loss                                                           $    (10,416)           $   (51,905)
     Adjustments to reconcile net income to net cash
          provided by operating activities
          Depreciation expense                                                    50                    100
          (Increase) Decrease in current assets                                1,382                  3,600
          Increase (Decrease) in current liabilities                           8,541                (18,358)
Net cash provided by operating activities                                       (443)               (66,563)

Financing activities
     Sale of common stock                                                                            67,700
     Common stock offering costs
Cash provided by financing activities                                                                67,700

Increase (Decrease) in cash and cash equivalents                                (443)                 1,137
Cash and cash equivalent at end of the period                                    572                  1,959
Cash and cash equivalent at end of the year                             $        129            $     3,096

Supplemental disclosure of financing activities
     Interest paid                                                                                      585
     Taxes paid                                                                                       1,200

</TABLE>

              See accompanying notes and accountant's review report

                                        5

<PAGE>

                              INTERNET FOOD COMPANY
                        NOTES TO THE FINANCIAL STATEMENTS
                             June 30, 2000 and 1999

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Nature of the  business - Internet  Food  Company,  Inc. was formed to sell
     retail  gourmet  and  specialty  cheese  on the  internet  and at a  retail
     location.  The  Company  was  incorporated  under  the laws of the State of
     Nevada on April 14,  1998.  The  Company is  currently  doing  business  as
     California Cheese Connection. Operations did not commence until July, 1998.

     Pervasiveness  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  statements  and  the  reported
     amounts of  revenues  and  expenses  during the  reporting  period.  Actual
     results could differ from those estimates.

     Cash and cash equivalents - For financial statement  presentation purposes,
     the Company  considers all short term  investments  with a maturity date of
     three months or less to be cash equivalents.

     Inventories  -  Inventories  are  recorded  at the lower of cost or market,
     using the first-in,  first-out method.  Inventories  consist principally of
     cheeses and specialty food items.

     Bad debts and accounts  receivable - No allowance for doubtful accounts has
     been recorded as management believes all amounts to be fully collectible.

     Equipment-  Equipment  is  recorded  at cost.  Maintenance  and repairs are
     expensed as incurred;  major renewals and betterments are  capitalized.  As
     the equipment on the balance sheet was purchased at year-end,  no provision
     for depreciation is made in the current year.

     Income taxes- Income taxes are provided for the tax effects of transactions
     reported in the  financial  statements  and consist of taxes  currently due
     plus deferred taxes related  primarily to differences  between the recorded
     book basis and tax basis of assets and liabilities for financial and income
     tax reporting. The deferred tax assets and liabilities represent the future
     tax return consequences of those differences,  which will either be taxable
     or  deductible  when the assets and  liabilities  are recovered or settled.
     Deferred taxes are also recognized for operating  losses that are available
     to offset  future  taxable  income and tax credits  that are  available  to
     offset future federal income taxes.

<PAGE>

                              INTERNET FOOD COMPANY
                        NOTES TO THE FINANCIAL STATEMENTS
                             June 30, 2000 and 1999

NOTE 2: ACCOUNTS RECEIVABLE

     Accounts receivable-Trade - Accounts receivable trade consists primarily of
     sales to hotels and corporations  purchasing gift baskets. At June 30, 2000
     there were no amounts in trade receivables.  At June 30, 1999 the total was
     $97. Terms of all sales to these customers are net 30 days.

     Accounts  receivable-Barter -The Company is involved with an exchange group
     whereby goods and services are  bartered.  The  individual  members of this
     group  purchase  goods from  another  member  and a voucher is written  for
     payment of the goods or services provided. The Company then has a credit to
     purchase goods and services from other members of the barter group. At June
     30,  2000 and 1999  the  balance  that  the  Company  is owed in goods  and
     services of $794 and $5,544  respectively.  The Company  uses the barter to
     purchase goods and services.  For the period ending June 30, 1999 the total
     amount  recorded as sales was $ 4,812 and $ 3,707 was  recorded as purchase
     of goods and  services.  For the six months  ended June 30,  2000 $260 were
     recorded as sales and $839 for services and purchases.

NOTE 3: NOTES PAYABLE

     The notes payable are from  shareholders of the Company.  The notes are for
     working  capital until the Company  becomes  profitable.  The notes will be
     repaid from operations when there is sufficient  working capital.  Interest
     is being charged at 1 % a month.  Total amount of borrowings for the period
     ended June 30, 1999 was $ 10,113 and $9,113respectively.

NOTE 4: COMMON STOCK

     Common  stock  -During  the period  ended  June 30,  1999,  pursuant  to an
     exemption  under Rule 504 of Regulation D of the Securities Act of 1933, as
     amended  (the  Act),   the  Company  sold  solely  to   accredited   and/or
     sophisticated  investors,  its common stock.  Each share has a par value of
     $.10.  There were twenty  different  transactions  to  different  investors
     raising a total of $ 67,700  during the period ended June 30,  1999.  There
     were no  securities  transactions  for the six month period ending June 30,
     2000.

     Paid in capital - At incorporation  the Company issued 15,385,000 shares of
     common stock with a fair value of $0.1 in payment of services.  This amount
     is shown as a negative paid in capital amount since consideration was given
     in the form of  services  at the time of  incorporation  and no

<PAGE>

                              INTERNET FOOD COMPANY
                        NOTES TO THE FINANCIAL STATEMENTS
                             June 30, 2000 and 1999

NOTE 4: COMMON STOCK (con't)

     amount was  reflected  on the  Company's  books for the  consideration  The
     Company  also issued  135,695  shares of common  stock with a fair value of
     $.10 to three  individuals.  The shares were given to these individuals for
     advancing  the  Company   money  for  working   capital   purposes.   These
     transactions   occurred  during  the  prior  year.

NOTE 5: RELATED PARTY TRANSACTIONS

     On August 1, 1998 the Company  entered into an agreement with a shareholder
     to provide  investment-banking  services. During the period ending June 30,
     1999 the  shareholder  advanced the Company $ 9,133 for  operations.  There
     were no  repayments  on the  advances.  There were no  advances  during the
     period ended June 30, 2000.

     As previously  discussed,  the Company entered into agreements with some of
     its  shareholders to provide bridge loans for continuing  operations of the
     Company.  Total proceeds from the borrowings were $ 15,490 during the prior
     year.  The Company repaid $ 12,990 of the loans during the six month period
     ending June 30, 1999.  There were no  transactions  of this type during the
     period ended June 30, 2000.

     Various  shareholders of the Company have performed consulting services for
     which the Company has paid them consulting fees. For the period ending June
     30,  1999  this  amount  paid to the  shareholders  amounted  to $  22,946.
     Services include clerical support, rent, office supplies etc.

NOTE 6: INCOME TAXES

     The benefit for income taxes from  operations  consisted  of the  following
     components. Current tax benefit of $21,000 resulting from a net loss before
     income taxes, and deferred tax expense $21,000 resulting from the valuation
     allowance  recorded  against the deferred tax asset  resulting from the net
     operating loss. The change in the valuation allowance for the period ending
     June 30, 2000 was $21,000.  Net  operating  loss  carryforward  will expire
     2014.

     The  valuation  allowance  will  be  evaluated  at the  end of  each  year,
     considering  positive and negative evidence about whether the asset will be
     realized.  At the time the  allowance  will either be increased or reduced;


<PAGE>

                              INTERNET FOOD COMPANY
                        NOTES TO THE FINANCIAL STATEMENTS
                             June 30, 2000 and 1999

NOTE 6: INCOME TAXES (con't)

     reduction  could result in the  complete  elimination  of the  allowance if
     positive evidence  indicates that the value of the deferred tax asset is no
     longer required. It is management's position that the deferred tax asset be
     recorded when there is positive evidence it will be realized.

NOTE 7: STOCK OPTIONS

     On January 1, 1999 and  January 28,  1999 the Board of  Directors  voted to
     issue stock options to various individuals. The options are to be exercised
     at a price of $.O1 per share. There were a total of 1,040,000 options to be
     exercised.  All options were  exercised  by the due date.  The options were
     granted for services rendered.

NOTE 8: MATERIAL ADJUSTMENTS

     Management  represents  that  all  material  adjustments  to the  financial
     statements have been made.

NOTE 9: GOING CONCERN

     As of June 30,  2000,  the Company has net losses  since  inception,  which
     raises substantial doubt about its ability to continue as a going concern.

     Management  has  subsequently  been  able to get its  internet  site up and
     running. This is expected to provide additional sales. Also, management has
     stepped  up  its  efforts  to  increase  its  sales  to  hotels  and  other
     businesses.

     The  Company's  ability to continue as a going  concern is  dependent  upon
     successful public offering and ultimately achieving profitable  operations.
     There is no assurance that the Company will be successful in its efforts to
     raise additional proceeds or achieve profitable  operations.  The financial
     statements  do not  include  any  adjustments  that might  result  from the
     outcome of this uncertainty.

<PAGE>

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

Operations have decreased during the reporting period.  The Company has received
revenues of $2,237 for the  year-to-date.  This is a decrease of $10,772 for the
same  period  in1999.  During the  quarter  ended June 30, 200 the  Company  had
revenues of $2,237 compared to $ 10,977 for the same period in 1999.

The  decreasing  revenues trend should not continue as the Company is refocusing
its efforts in marketing, the website, and moving to a new location.

The Company had previously shared office space with another company,  as well as
joining  in  their  marketing  efforts.  This  joint  venture  has  not  been as
successful and the  relationship  has been  terminated.  As of June1,  2000, the
Company relocated its operations to the Cannery Row area in Monterey.  It is now
sharing a 1600 sq. ft.  location with The Three Lady's Gift Shop and paying $150
in monthly rent.

Several  other  steps are being  taken in order to  increase  revenues  such as:
producing  a new  catalog  for the  Fall to sell  orders  for the  holidays  and
updating the Company's website. The Company has introduced "Grand Avenue", a new
cookie product. There is no contractual commitment. The Company buys the product
on a cash basis.

There is no  material  deficiency  in the Second  Quarter  and no contract is in
default.

At June 30, 2000, the Company's  major sources of liquidity are $129 cash,  $894
accounts receivable,  and $460 inventory.  The Company's principals will provide
funds for other capital needs of the Company.

No material  commitments for capital  expenditures  were made during the secured
quarter and none are  expected in the Third  Quarter.  The company  will require
funds for the printing and distribution of its catalog.

Sales for the Third Quarter should increase due to increased  marketing efforts,
distribution of the new catalog and the establishment of a new location.

The Company was  negatively  affected by the move from its previous  location to
the 711 Cannery Site causing sales to decrease.

<PAGE>

Consumers purchases over the Internet continue to increase in the industry.  The
Company has had difficulty drawing consumer traffic to its web. The Company will
continue to improve its website and attempt to be listed on more search  engines
to draw more  consumers.  If the  traffic to the site  increases  the sales will
increase.

Currently,  the Company knows of no events that will cause a material  change in
cost and revenues other than increased traffic to the site.

The  Company  is  still an early  stage  development  company.  The  effects  of
inflation have had little impact.

No material  commitments  for capital  expenditures  were made during the second
quarter and none are expected in the third quarter.

There  were  no  changes  in the  mix  of  funding  between  equity,  debt,  and
off-balance sheet financing arrangements.  Any additional capital is expected to
come from contributed capital of the officers and directors. Some funding may be
received through the private sale of equity.


PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None


Item 2. Changes in Securities

None


Item 3. Defaults Upon Senior Securities

None


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

None


Item 5. Other Information

None of the  officers,  directors  or  persons  required  under  the  Securities
Exchange Act of 1934, as amended have filed,  timely, the appropriate forms 3, 4
or 5.

<PAGE>

Item 6. Exhibits and Reports on Form 8-K

See attached.


                                 Signature Page

     Pursuant  to the  requirements  of  section  13 or 15(d) of the  Securities
Exchange Act of 1934, the Registrant has duly caused this report to be singed on
its behalf by the undersigned, thereunto duly authorized.


                                                     INTERNET FOOD COMPANY, INC.


                                                  By:
                                                  Its:

Dated: 8/21/00