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

                                   FORM 10-QSB
(Mark  One)

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

     For  the  quarterly  period  ended  January  31,  2001
                                         ------------------

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

     Commission  file  number  000-25151
                               ---------

                        FETCHOMATIC GLOBAL INTERNET INC.
                        --------------------------------
        (Exact name of small business issuer as specified in its charter)

NEVADA                                                                98-0195019
------                                                                ----------
(State or other jurisdiction                                    (I.R.S. Employer
 of incorporation or organization)                           Identification No.)

           1521 - 56TH STREET, DELTA, BRITISH COLUMBIA, CANADA V4L 2A9
           -----------------------------------------------------------
                    (Address of principal executive offices)

                                 (604) 948-9123
                                 --------------
                           (Issuer's telephone number)

        SUITE 370, 444 VICTORIA STREET, PRINCE GEORGE, BC, CANADA V2L 2J7
        -----------------------------------------------------------------
    (Former name, former address and former fiscal year, if changed since last
                                     report)

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

<PAGE>

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

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

                      APPLICABLE ONLY TO CORPORATE ISSUERS

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

9,564,546  common  shares,  as  at  March  1,  2001
---------------------------------------------------

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

                         PART I - FINANCIAL INFORMATION

ITEM  1.     FINANCIAL  STATEMENTS.

Our  consolidated financial statements are stated in United States Dollars (US$)
and  are prepared in accordance with United States Generally Accepted Accounting
Principles.

It  is  the  opinion of Management that the interim financial statements for the
quarter  ended  January  31,  2001 include all adjustments, consisting of normal
recurring  adjustments, which are necessary for fair presentation of information
contained  in  the  consolidated  financial  statements.

Delta,  British  Columbia           /s/  Lindsay Lent
March  30,  2001                    Director of Fetchomatic Global Internet Inc.


FETCHOMATIC  GLOBAL  INTERNET  INC.
(A  DEVELOPMENT  STAGE  COMPANY)
CONSOLIDATED  INTERIM  FINANCIAL  STATEMENTS
FOR  THE  SIX-MONTH  PERIODS  ENDED

JANUARY  31,  2001  AND  2000


<PAGE>


FETCHOMATIC  GLOBAL  INTERNET  INC.
(A  DEVELOPMENT  STAGE  COMPANY)
CONSOLIDATED  INTERIM  FINANCIAL  STATEMENTS
FOR  THE  SIX-MONTH  PERIODS  ENDED
JANUARY  31,  2001  AND  2000


                                                                        Contents


CONSOLIDATED  INTERIM  FINANCIAL  STATEMENTS


Balance  Sheets


Statements  of  Operations


Statement  of  Changes  in  Stockholders'  Equity  (Deficit)


Statements  of  Cash  Flows


Notes  to  the  Financial  Statements

<PAGE>

<TABLE>
<CAPTION>


                                                              FETCHOMATIC GLOBAL INTERNET INC.
                                                              (A  DEVELOPMENT  STAGE  COMPANY)
                                                                 Consolidated  Balance  Sheets


                                                                   JANUARY 31       July 31
                                                                      2001           2000
                                                                   (UNAUDITED)
<S>                                                               <C>            <C>
ASSETS

CURRENT
Cash and cash equivalents. . . . . . . . . . . . . . . . . . . .  $     65,186   $  1,982,923
Receivables. . . . . . . . . . . . . . . . . . . . . . . . . . .       113,911         87,808
Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . .        20,858         37,812
                                                                  -------------  -------------

                                                                       199,955      2,108,543

PROPERTY AND EQUIPMENT, net. . . . . . . . . . . . . . . . . . .       754,005        801,219
SOFTWARE DEVELOPMENT COSTS . . . . . . . . . . . . . . . . . . .       802,296        494,522
DEFERRED FINANCING COSTS (Note 4(b)) . . . . . . . . . . . . . .       373,098        581,976
                                                                  -------------  -------------

                                                                  $  2,129,354   $  3,986,260
                                                                  ============================

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

LIABILITIES

CURRENT
  Accounts payable . . . . . . . . . . . . . . . . . . . . . . .  $    205,976   $    250,447
  Accrued expenses . . . . . . . . . . . . . . . . . . . . . . .       143,978         88,050
  Demand loans payable . . . . . . . . . . . . . . . . . . . . .        42,288         42,626
                                                                  -------------  -------------

                                                                       392,242        381,123

CONVERTIBLE DEBENTURES (net of unamortized
  discount of $583,478 and $910,139, Note 4(b)). . . . . . . . .     2,158,952      2,589,861
                                                                  -------------  -------------

                                                                     2,551,194      2,970,984
                                                                  -------------  -------------

STOCKHOLDERS' EQUITY (DEFICIT)
  Capital stock (Note 4)
    Authorized
      33,333,334 common shares, par value $0.001
    Issued
      9,564,546 (July 31, 2000 - 8,926,930) common shares. . . .         9,564          8,927
  Additional paid-in capital . . . . . . . . . . . . . . . . . .    36,194,771     35,444,913
  Deficit accumulated in the development stage . . . . . . . . .   (35,416,918)   (17,015,713)
  Accumulated other comprehensive income (loss) - foreign
  currency translation . . . . . . . . . . . . . . . . . . . . .       (11,558)        30,752
                                                                  -------------  -------------

                                                                       775,859     18,468,879

  Deferred advertising costs and stock subscriptions receivable.    (1,197,699)   (17,453,603)
                                                                  -------------  -------------

                                                                      (421,840)     1,015,276
                                                                  -------------  -------------
                                                                  $  2,129,354   $  3,986,260
                                                                  ============================
</TABLE>

See the accompanying notes to the consolidated financial statements.

<PAGE>

<TABLE>
<CAPTION>


                                                                                                 FETCHOMATIC GLOBAL INTERNET INC.
                                                                                                    (A DEVELOPMENT STAGE COMPANY)
                                                                                    Consolidated Interim Statements of Operations
                                                                                                                      (Unaudited)


                                                           Three months ended                     Six months ended
                                                               January 31                             January 31
                                                           ---------------------            ---------------------------
                                                           2001             2000               2001                2000
<S>                                             <C>                 <C>                    <C>            <C>
EXPENSES
  Administration . . . . . . . . . . . . . . .  $         228,059          $65,684          $   597,295   $     111,347
  Advertising and promotion (Note 4(e)). . . .          8,288,989           70,729           16,530,586          82,878
  Corporate finance and communications . . . .             53,862          139,000              146,873         139,000
  Depreciation . . . . . . . . . . . . . . . .             79,284            9,659              157,832           9,659
  Professional fees. . . . . . . . . . . . . .             99,673           45,588              227,585          45,588
  Research and development . . . . . . . . . .             49,314                -              132,207               -
  Write-down of amounts receivable (Note 4(f))            165,000                -              165,000          95,235
                                                ------------------  ---------------------  -------------  --------------
                                                       (8,964,181)        (330,660)         (17,957,378)       (483,707)

INTEREST AND FINANCING COSTS (Note 4(b)) . . .           (272,880)               -             (443,827)              -
                                                ------------------  ---------------------  -------------  --------------

LOSS FROM CONTINUING OPERATIONS. . . . . . . .         (9,237,061)        (330,660)         (18,401,205)       (483,707)

LOSS FROM DISCONTINUED OPERATIONS. . . . . . .                  -          (27,817)                   -         (27,817)
                                                ------------------  ---------------------  -------------  --------------

NET LOSS FOR THE PERIOD. . . . . . . . . . . .  $      (9,237,061)       $(358,477)        $(18,401,205)      $(511,524)
                                                ========================================================================
LOSS PER SHARE - BASIC AND DILUTED
  - from continuing operations . . . . . . . .  $           (1.00)          $(0.06)        $      (2.02)      $   (0.10)
  - discontinued operations. . . . . . . . . .                  -                -                    -           (0.01)
                                                ------------------  ---------------------  -------------  --------------

  - after discontinued operations. . . . . . .  $           (1.00)          $(0.06)        $      (2.02)      $   (0.11)
                                                ========================================================================

WEIGHTED AVERAGE SHARES OUTSTANDING. . . . . .          9,251,508        6,218,406            9,108,710        4,692,536
                                                =========================================================================

                                                  Period from
                                                 September 24
                                                         1998
                                               (Inception) to
                                                   January 31
                                                         2001
<S>                                             <C>
EXPENSES
  Administration . . . . . . . . . . . . . . .  $  4,875,877
  Advertising and promotion (Note 4(e)). . . .    23,098,186
  Corporate finance and communications . . . .     1,025,364
  Depreciation . . . . . . . . . . . . . . . .       311,194
  Professional fees. . . . . . . . . . . . . .       382,698
  Research and development . . . . . . . . . .       287,888
  Write-down of amounts receivable (Note 4(f))     2,824,170
                                                -------------

                                                 (32,805,377)


INTEREST AND FINANCING COSTS (Note 4(b)) . . .    (2,044,039)
                                                -------------

LOSS FROM CONTINUING OPERATIONS. . . . . . . .   (34,849,416)

LOSS FROM DISCONTINUED OPERATIONS. . . . . . .      (567,502)
                                                -------------

NET LOSS FOR THE PERIOD. . . . . . . . . . . .  $(35,416,918)
                                                =============

</TABLE>

See accompanying notes to the consolidated interim financial statements.

<PAGE>

<TABLE>
<CAPTION>


                                                                                         FETCHOMATIC  GLOBAL  INTERNET  INC.
                                                                                            (A  DEVELOPMENT  STAGE  COMPANY)
                                         Consolidated  Interim  Statement  of  Changes  in  Stockholders'  Equity  (Deficit)

JANUARY 31, 2001

                                                                                                                 Deficit
                                                                                                                Accumulated
                                                                                                Additional        in the
                                                                         Common Shares            Paid-in      Development
                                                                     Number         Amount        Capital          Stage
                                                                  -------------  ------------  -------------  ---------------
<S>                                                               <C>            <C>           <C>            <C>
Initial capital contributions on
  September 24, 1998 at C$0.01 per share . . . . . . . . . . . .            100  $         66  $          -   $            -

Capital contributions during the period. . . . . . . . . . . . .              -             -       175,000                -

Net loss for the period. . . . . . . . . . . . . . . . . . . . .              -             -             -         (235,354)
                                                                  -------------  ------------  -------------  ---------------

BALANCE, July 31, 1999 . . . . . . . . . . . . . . . . . . . . .            100            66       175,000         (235,354)

Adjustment for the issuance of common stock on
  reverse acquisition. . . . . . . . . . . . . . . . . . . . . .      3,166,567         3,101        (3,101)               -
                                                                  -------------  ------------  -------------  ---------------

                                                                      3,166,667         3,167       171,899         (235,354)
Issuance of common stock prior
  to acquisition . . . . . . . . . . . . . . . . . . . . . . . .              -             -            14                -

Capital contributions prior to acquisition . . . . . . . . . . .              -             -       355,000                -

Adjustment for the stockholders' equity of the Company
  at the acquisition date. . . . . . . . . . . . . . . . . . . .      2,966,762         2,967      (532,967)               -

Stock option compensation. . . . . . . . . . . . . . . . . . . .              -             -     3,800,000                -

Issuance of common stock on exercise of stock options
  at $6.54 per share . . . . . . . . . . . . . . . . . . . . . .        772,667           773     5,052,467                -

Issuance of common stock for services:
-  in January and June 2000 at prices from $6.36 per
   share to $10.68 per share. . . . . . . . . . . . . . . . . . .        62,501            62       488,438                -

Issuance of warrants for services. . . . . . . . . . . . . . . .              -             -       192,800                -

Issuance of common stock for advertising:
-  in May and July 2000 at $12 per share . . . . . . . . . . . .      1,958,333         1,958    23,498,042                -

Beneficial conversion feature and value of warrants
  on convertible debentures. . . . . . . . . . . . . . . . . . .              -             -     2,419,220                -
                                                                  -------------  ------------  -------------  ---------------

                                                                      8,926,930         8,927    35,444,913         (235,354)
                                                                  -------------  ------------  -------------  ---------------

Net loss for the year. . . . . . . . . . . . . . . . . . . . . .              -             -             -      (16,780,359)

Foreign currency translation adjustments . . . . . . . . . . . .              -             -             -                -
                                                                  -------------  ------------  -------------  ---------------

  Total comprehensive loss . . . . . . . . . . . . . . . . . . .              -             -             -      (16,780,359)
                                                                  -------------  ------------  -------------  ---------------

BALANCE, July 31, 2000 . . . . . . . . . . . . . . . . . . . . .      8,926,930         8,927    35,444,913      (17,015,713)

Conversion of 7% convertible debentures in September 2000
  through January 2001 (Note 4(b)) . . . . . . . . . . . . . . .        604,283           604       597,891                -

Issuance of common stock for services at $2.70 per share . . . .         33,333            33        89,967                -
Utilization of previously deferred advertising costs (Note 4(e))              -             -             -                -

Write down of subscriptions receivable (Note 4(f)) . . . . . . .              -             -             -                -
Additional capital contribution (Note 4(g)). . . . . . . . . . .              -             -        62,000                -
                                                                  -------------  ------------  -------------  ---------------
                                                                      9,564,546         9,564    36,194,771      (17,015,713)
                                                                  -------------  ------------  -------------  ---------------

Net loss for the period. . . . . . . . . . . . . . . . . . . . .              -             -             -      (18,401,205)

Foreign currency translation adjustments . . . . . . . . . . . .              -             -             -                -
                                                                  -------------  ------------  -------------  ---------------

  Total comprehensive loss . . . . . . . . . . . . . . . . . . .              -             -             -      (18,401,205)
                                                                  -------------  ------------  -------------  ---------------

BALANCE, January 31, 2001 (unaudited). . . . . . . . . . . . . .      9,564,546  $      9,564  $ 36,194,771   $  (35,416,918)
=============================================================================================================================

                                                                                     Deferred
                                                                   Accumulated       Advertising
                                                                      Other          Costs and           Total
                                                                  Comprehensive     Subscriptions    Stockholders
                                                                   Income (Loss)     Receivable     Equity (Deficit)
                                                                  ---------------  ---------------  -----------------
<S>                                                               <C>              <C>              <C>
Initial capital contributions on
  September 24, 1998 at C$0.01 per share . . . . . . . . . . . .  $            -   $            -   $             66

Capital contributions during the period. . . . . . . . . . . . .               -                -            175,000

Net loss for the period. . . . . . . . . . . . . . . . . . . . .               -                -           (235,354)
                                                                  ---------------  ---------------  -----------------

BALANCE, July 31, 1999 . . . . . . . . . . . . . . . . . . . . .               -                -            (60,288)

Adjustment for the issuance of common stock on
  reverse acquisition. . . . . . . . . . . . . . . . . . . . . .               -                -                  -
                                                                  ---------------  ---------------  -----------------

                                                                               -                -            (60,288)
Issuance of common stock prior
  to acquisition . . . . . . . . . . . . . . . . . . . . . . . .               -                -                 14

Capital contributions prior to acquisition . . . . . . . . . . .               -                -            355,000

Adjustment for the stockholders' equity of the Company
  at the acquisition date. . . . . . . . . . . . . . . . . . . .               -                -           (530,000)

Stock option compensation. . . . . . . . . . . . . . . . . . . .               -                -          3,800,000

Issuance of common stock on exercise of stock options
  at $6.54 per share . . . . . . . . . . . . . . . . . . . . . .               -         (190,359)         4,862,881

Issuance of common stock for services:
-  in January and June 2000 at prices from $6.36 per
   share to $10.68 per share . . . . . . . . . . . . . . . . . .               -                -            488,500

Issuance of warrants for services. . . . . . . . . . . . . . . .               -                -            192,800

Issuance of common stock for advertising:
-  in May and July 2000 at $12 per share . . . . . . . . . . . .               -      (17,263,244)         6,236,756

Beneficial conversion feature and value of warrants
  on convertible debentures. . . . . . . . . . . . . . . . . . .               -                -          2,419,220
                                                                  ---------------  ---------------  -----------------

                                                                               -      (17,453,603)        17,764,883
                                                                  ---------------  ---------------  -----------------

Net loss for the year. . . . . . . . . . . . . . . . . . . . . .               -                -        (16,780,359)

Foreign currency translation adjustments . . . . . . . . . . . .          30,752                -             30,752
                                                                  ---------------  ---------------  -----------------

  Total comprehensive loss . . . . . . . . . . . . . . . . . . .          30,752                -        (16,749,607)
                                                                  ---------------  ---------------  -----------------

BALANCE, July 31, 2000 . . . . . . . . . . . . . . . . . . . . .          30,752      (17,453,603)         1,015,276

Conversion of 7% convertible debentures in September 2000
  through January 2001 (Note 4(b)) . . . . . . . . . . . . . . .               -                -            598,495

Issuance of common stock for services at $2.70 per share . . . .               -          (60,000)            30,000
Utilization of previously deferred advertising costs (Note 4(e))               -       16,150,904         16,150,904

Write down of subscriptions receivable (Note 4(f)) . . . . . . .               -          165,000            165,000
Additional capital contribution (Note 4(g)). . . . . . . . . . .               -                -             62,000
                                                                  ---------------  ---------------  -----------------

                                                                          30,752       (1,197,699)        18,021,675
                                                                  ---------------  ---------------  -----------------

Net loss for the period. . . . . . . . . . . . . . . . . . . . .               -                -        (18,401,205)

Foreign currency translation adjustments . . . . . . . . . . . .         (42,310)               -            (42,310)
                                                                  ---------------  ---------------  -----------------

  Total comprehensive loss . . . . . . . . . . . . . . . . . . .         (42,310)               -        (18,443,515)
                                                                  ---------------  ---------------  -----------------

BALANCE, January 31, 2001 (unaudited). . . . . . . . . . . . . .  $      (11,558)  $   (1,197,699)  $       (421,840)
=====================================================================================================================
</TABLE>

See the accompanying notes to the consolidated interim financial statements.

<PAGE>

<TABLE>
<CAPTION>

                                                            FETCHOMATIC  GLOBAL  INTERNET  INC.
                                                               (A  DEVELOPMENT  STAGE  COMPANY)
                                             Consolidated  Interim  Statements  of  Cash  Flows
                                                                                    (Unaudited)

                                                                                    Period from
                                                                                   September 24
                                                                                           1998
                                                          Six months ended       (Inception) to
                                                             January 31              January 31
                                                          2001           2000              2001
-----------------------------------------------------------------------------------------------
<S>                                                 <C>               <C>         <C>
CASH PROVIDED BY (USED IN)

OPERATING ACTIVITIES
  Net loss for the period. . . . . . . . . . . . .  $   (18,401,205)  $(511,524)  $(35,416,918)
  Adjustments to reconcile net loss to net cash
    used in operating activities
    Write-down of amounts receivable . . . . . . .          165,000      95,235      2,824,170
    Amortization and depreciation of property and
      equipment and goodwill . . . . . . . . . . .          157,832      42,322        381,091
    Amortization of deferred financing costs . . .          136,887           -        189,794
    Loss on sale of trailer park . . . . . . . . .                -       8,771        478,560
    Expenses settled with common stock and
      warrants . . . . . . . . . . . . . . . . . .       16,242,904           -     22,975,460
    Stock option compensation. . . . . . . . . . .                -           -      3,800,000
    Beneficial conversion feature on convertible
      debentures and amortization of discount. . .          214,076           -      1,723,437
  (Increase) decrease in assets
    Receivables. . . . . . . . . . . . . . . . . .          (26,103)          -       (113,911)
    Prepaid expenses . . . . . . . . . . . . . . .           16,954      (4,025)       (17,221)
  Increase (decrease) in liabilities
    Accounts payable . . . . . . . . . . . . . . .          (44,471)    (14,801)       122,813
    Accrued expenses . . . . . . . . . . . . . . .           55,928           -        143,978
                                                    ----------------  ----------  -------------

                                                         (1,482,198)   (384,022)    (2,908,747)
                                                    ----------------  ----------  -------------
INVESTING ACTIVITIES
  Proceeds on sale of discontinued operations. . .                -           -        135,000
  Software development costs . . . . . . . . . . .         (312,417)   (129,531)      (806,939)
  Cash acquired on reverse acquisition of Forest
    Glade. . . . . . . . . . . . . . . . . . . . .                -     145,757        145,757
  Purchase of property and equipment . . . . . . .         (123,151)   (126,340)    (1,075,593)
                                                    ----------------  ----------  -------------

                                                           (435,568)   (110,114)    (1,601,775)
                                                    ----------------  ----------  -------------
FINANCING ACTIVITIES
  Proceeds on issuance of common stock, net
    of subscriptions receivable and non cash
    proceeds . . . . . . . . . . . . . . . . . . .                -     670,765      1,687,024
  Repayment of advances from directors . . . . . .                -      (7,519)        (8,019)
  Repayment of note payable on acquisition of
    discontinued operations. . . . . . . . . . . .                -           -       (138,000)
  Repayment of long-term debt from discontinued
    operations . . . . . . . . . . . . . . . . . .                -      (5,630)       (11,260)
  Proceeds on issuance of convertible debentures
    and warrants, net of issuance costs. . . . . .                -           -      3,050,617
                                                    ----------------  ----------  -------------

                                                                  -     657,616      4,580,362
                                                    ----------------  ----------  -------------

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS .       (1,917,766)    163,480         69,840

EFFECT OF FOREIGN EXCHANGE ON CASH . . . . . . . .               29       2,959         (4,654)

CASH AND CASH EQUIVALENTS, beginning of period . .        1,982,923      49,725              -
                                                    ----------------  ----------  -------------

CASH AND CASH EQUIVALENTS, end of period . . . . .  $        65,186   $ 216,164   $     65,186
===============================================================================================

SUPPLEMENTAL INFORMATION (Note 3)
</TABLE>

See the accompanying notes to the interim consolidated financial statements.

<PAGE>


                                             FETCHOMATIC  GLOBAL  INTERNET  INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
                    Notes  to  the  Consolidated  Interim  Financial  Statements
                                                                     (Unaudited)
JANUARY  31,  2001

1.        BASIS  OF  PRESENTATION  AND  ABILITY  TO  CONTINUE AS A GOING CONCERN

          The  consolidated  interim  financial  statements  included  herein,
presented  in  accordance  with  accounting principles generally accepted in the
United  States  and  stated  in  US  dollars, have been prepared by the Company,
without  audit,  pursuant  to  the  rules  and regulations of the Securities and
Exchange  Commission.  Certain  information  and  footnote  disclosures normally
included  in financial statements prepared in accordance with generally accepted
accounting  principles have been condensed or omitted pursuant to such rules and
regulations,  although the Company believes that the disclosures are adequate to
make  the  information  presented  not  misleading.

          These  statements  reflect  all  adjustments,  consisting  of  normal
recurring  adjustments  which,  in  the opinion of management, are necessary for
fair  presentation  of  the information contained therein.  It is suggested that
these  consolidated interim financial statements be read in conjunction with the
financial  statements  of the Company for the year ended July 31, 2000 and notes
thereto included in the Company's 10-KSB annual report.  The Company follows the
same  accounting  policies  in  the  preparation  of  interim  reports.

          Results  of  operations  for the interim periods are not indicative of
annual  results.

          These  accompanying financial statements have been prepared on a going
concern basis, which contemplates the realization of assets and the satisfaction
of  liabilities  and commitments in the normal course of business. As at January
31, 2001, the Company has minimal cash resources, has recognized no revenues and
has  accumulated  operating  losses  from the Internet business of approximately
$34.9  million  since  its inception.  The Company has substantially used common
stock  to  pay  for  operating  expenses.  The  continuation  of  the Company is
dependent  upon  obtaining  sufficient  financing  to  successfully complete the
development  of  the  Company's  website,  www.fetchomatic.com,  the  continuing
financial  support  of  creditors  and stockholders, the favorable settlement of
contingent  liabilities  (Note  2)  as  well  as achieving a profitable level of
operations.  In  June  2000,  the  Company  issued  $3.5  million of convertible
debentures and plans to raise at least $1.9 million in additional debt or equity
to  finance  the  operating and capital requirements of the Company for the next
twelve  months.  Amounts  raised  will  be  used  to continue development of the
Company's  website, to provide financing for the marketing, promotion and launch
of  its  website,  to  secure  products  and  for other working capital purposes
including  operational hardware and software upgrades.  Additionally, management
has  undertaken  a  significant  internal  restructuring and review which, among
other  matters,  is  expected  to  result  in  a reduction of administration and
corporate  overhead  costs.  While  the Company is expending its best efforts to
achieve  the  above  plans,  there  is  no assurance that any such activity will
generate  sufficient  funds  for  operations.

          These  conditions  raise substantial doubt about the Company's ability
to  continue  as a going concern.  These financial statements do not include any
adjustments  that  might  arise  from  this  uncertainty.


<PAGE>

                                                FETCHOMATIC GLOBAL INTERNET INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
                    Notes  to  the  Consolidated  Interim  Financial  Statements
                                                                     (Unaudited)
JANUARY  31,  2001

2.     CONTINGENT  LIABILITIES

During  fiscal  1999,  the  Company's subsidiary entered into contracts with its
three  former  stockholders for consulting services each at approximately $4,000
per  month  for a period of five years expiring in September 2003, renewable for
successive  two-year  terms.  Additional  termination  fees aggregating to Cdn$3
million (approximately $2 million) would be due to the three former stockholders
in  the event of their termination.  The monthly fee of $4,000 remains until the
first  period that the Company has quarterly earnings in excess of approximately
$167,000.  Once  quarterly  earnings  exceed  $167,000,  monthly payments to the
former  stockholders increase in accordance with specific earnings benchmarks up
to a maximum of approximately $29,000 per month for quarterly earnings in excess
of  approximately  $4  million.  Additionally,  the Company agreed to pay to the
three  former  stockholders, in perpetuity, royalties aggregating to 7% of gross
revenues  relating  to  the  technology  created  by  the  Company's subsidiary.

On  October  26, 2000, the Company discontinued payments for the services of the
three  former  stockholders.  Further, on November 24, 2000, the Company filed a
Writ  of  Summons  in the Supreme Court of British Columbia (Vancouver Registry)
naming  two  of  the three former stockholders.  A lawsuit was commenced against
the  third stockholder on December 27, 2000, and a subsequent lawsuit naming all
three  former stockholders was commenced on January 3, 2001 in the Supreme Court
of  British  Columbia  (Vancouver  Registry).  The  lawsuits allege, among other
things,  various breaches of fiduciary and contractual duties and the failure to
make  full,  true  and  plain  disclosure  of  the  consulting  agreements  upon
consummation  of  the share exchange agreement.  The Company seeks an accounting
or return of certain payments made and to set aside the Company's obligations to
the  former  stockholders under the consulting agreements and the share exchange
agreement.  As  a  result,  termination  payments  to the three founders are not
accrued  in  these  financial statements, nor is any potential recovery from the
named  defendants.  At this time, the Company is uncertain of the outcome of the
claim.  A  settlement,  if  any,  will  be accrued in the period payment becomes
probable  and  a  reasonable  estimate  can  be  made.

3.     SUPPLEMENTAL  CASH  FLOW  INFORMATION

Required disclosures of supplemental information on the Statements of Cash Flows
include:

a)     Supplemental  disclosure  of non-cash investing and financing activities:

                                                            Six  months  ended
                                                                January  31
                                                           2001             2000
                                                           ----             ----

i)   issuance of common stock in satisfaction of
     expenses  and  future  services                  $  16,302,904  $   218,750

ii)  issuance of common stock on conversion of
     convertible debenture, net of issuance costs
     (Note 4(b))                                      $     598,495  $         -

iii) issuance of common stock for subscription
      proceeds received prior to reverse
      acquisition  not  advanced to the Company       $           -  $   554,124

<PAGE>

                                                FETCHOMATIC GLOBAL INTERNET INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
                    Notes  to  the  Consolidated  Interim  Financial  Statements
                                                                     (Unaudited)
JANUARY  31,  2001

3.     SUPPLEMENTAL  CASH  FLOW  INFORMATION  -  CONTINUED

b)     Interest  paid  for the six-month periods ended January 31, 2001 and 2000
was  $Nil  and  $7,047  respectively.

     c)     Cash  included  $Nil  (2000  -  $142,515) subject to restrictions in
2001.


4.     CAPITAL  STOCK

a)     On  January 5, 2001, the Company's common stock underwent a reverse stock
split  whereby  one  new  common  share  was  issued for every six common shares
previously  issued.  Authorized  common  stock  also  decreased from 200 million
shares  of  common  stock  to 33,333,334 common shares.  All references in these
financial  statements to the number of shares issued or issuable are stated on a
post-consolidation  basis.  Per  share  amounts have been restated for the share
consolidation.

b)     During  the  six-month  period  ended January 31, 2001, the holder of the
Company's 7% convertible debentures (issued in May 2000) converted the principal
amount  of  $757,570  debentures  and  accrued  interest  on those debentures of
$25,501  into 604,283 shares of the Company's common stock.  The increase in net
assets  of  the  Company  as  a  result  of  the  conversion is comprised of the
proportionate  reduction  of  the  debentures  and  related deferred expenses as
follows:

Conversion  of  convertible  debentures,  net  of
  unamortized  discount                                         $     644,985
Conversion  of  accrued  interest                                      25,501
Reduction  of  deferred  financing  costs                            (71,991)
                                                                     --------
                                                                $     598,495
                                                                =============

For  conversions  which  occurred  prior  to  November  15,  2000, the resultant
increase  in  equity  upon  conversion  included  a  proportionate  share of the
unamortized  debt  discount  and  deferred  financing  costs.  For  conversions
occurring  after  November  15,  2000,  the Company follows guidance of Emerging
Issues  Task  Force  Abstract  00-27,  "Application  of  Issue  98-5  to Certain
Convertible  Instruments"  which  requires  that  the  pro-rata  share  of  the
unamortized discount and deferred financing charges be immediately recognized as
interest  expense  upon conversion.  This change in accounting policy is applied
prospectively.  Amounts charged to the Statement of Operations in 2001 resulting
from  the  conversion of debentures during the six-month period totalled $65,656
of  interest  expense  and  $41,982  of  financing  costs.

<PAGE>

                                                FETCHOMATIC GLOBAL INTERNET INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
                    Notes  to  the  Consolidated  Interim  Financial  Statements
                                                                     (Unaudited)
JANUARY  31,  2001

4.     CAPITAL  STOCK  -  CONTINUED

<TABLE>
<CAPTION>


A  summary  of  changes relating to the convertible debentures during the period
is  as  follows:

                                                                        Deferred
                                          Unamortized      Net         Financing
                            Face Value     Discount    Book Value          Costs
                           -------------  ----------  ------------    ----------
<S>                        <C>            <C>         <C>           <C>
BALANCE, August 1, 2000 .  $  3,500,000   $(910,139)  $ 2,589,861     $ 581,976

Converted to common
  stock . . . . . . . . .      (757,570)    112,585      (644,985)      (71,991)

Charged to the Statement
  Of Operations . . . . .             -     214,076       214,076      (136,887)
                           -------------  ----------  ------------    ----------

BALANCE, January 31, 2001  $  2,742,430   $(583,478)  $ 2,158,952     $ 373,098
                           =====================================================
</TABLE>

     Subsequent  to  January  31, 2001, the debenture holder converted or issued
notices  of  conversion for a further $90,000 principal amount of 7% convertible
debentures  plus  interest  into  739,914  shares of the Company's common stock.

As  at January 31, 2001, because the conversion ratio is relative to the trading
prices  of  the  Company's  common  stock,  the remaining convertible debentures
outstanding  at  that  date  could  be converted into approximately 14.3 million
shares  of  common  stock.

c)     At  January  31,  2001  and  July 31, 2000, the Company had 120,295 fully
exercisable  share  purchase  warrants  outstanding  as  follows:


                                 Exercise
               Number              Price                Expiry
               ------              -----                ------

               16,667             $  6.54        December 2004
               16,667             $ 18.00       December  2004
               86,961             $ 13.77            May  2005
               ------
              120,295
              =======

d)     At  July  31,  2000,  60,667  stock options were exercisable at $6.54 per
common  share  and  outstanding.  These  stock options expired in November 2000.

e)     On  March  30,  2000,  the  Company  entered into an agreement to acquire
public  relations  and  advertising  services  from  Sivla, Inc. in exchange for
$100,000  cash  (paid in May 2000) plus up to approximately $43.5 million of the
Company's  common  stock.  1,958,333  shares  of  fully  vested, non-forfeitable
common  stock  were issued in fiscal 2000 in respect of $23,500,000 of available
advertising,  valued  using  the trading value of  the  Company's  common  stock
on  the  agreement

<PAGE>

                                                FETCHOMATIC GLOBAL INTERNET INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
                    Notes  to  the  Consolidated  Interim  Financial  Statements
                                                                     (Unaudited)
JANUARY  31,  2001

4.     CAPITAL  STOCK  -  CONTINUED

date.  To January 31, 2001, the Company had committed for various forms of media
advertising  and  public  relation  services including print, radio, television,
billboards,  internet  and  racing  sponsorship,  of  which $12,350,904 was used
during  the six-month period ended January 31, 2001 and charged to the Statement
of  Operations.  At  January 31, 2001, the Company was entitled to $4,812,340 of
further advertising for common stock already issued pursuant to the contract.  A
writedown  of $3,700,000 was recorded against this future advertising commitment
for  services  not  likely  to be received.  The net book value of the remaining
entitlement  of  $1,112,340 was recorded as a reduction of stockholders' equity.
Advertising  in  excess of $23.5 million is payable in common stock based upon a
35%  discount  to  the  average  of  the previous month's closing trading price.
Future  issuances  of  common stock for advertising should the Company decide to
acquire  additional  advertising  from  Sivla,  Inc.  will be measured using the
trading value of the Company's common stock on the respective dates of issuance.

     On  November  22,  2000,  the Company agreed to reprice advertising not yet
received such that the amount of advertising to which the Company is entitled as
of  that  date  was  reduced  by  $4,377,813.  This repricing did not affect the
recognition of advertising expense when used.  Advertising will be recognized as
an  expense  in the Statement of Operations based upon the original amortization
rate  of  $12  per  common  share  issued.

f)     At  January 31, 2001 and July 31, 2000, the Company had $660,359 of notes
receivable  outstanding  from three stockholders in respect to exercise of stock
options,  including $545,000 owing from a director.  A writedown of $165,000 was
recognized  in  the  six-month  period  ended  January 31, 2001 to provide for a
reduction  to net realizable value of the underlying common stock.  $470,000 had
previously  been  provided  as  a  reduction to net realizable value at July 31,
2000.  The  above-noted director plans to exchange 83,333 shares of common stock
to  the  Company  in  settlement  of  his  note  receivable.

g)     On  July  20,  2000, the Company entered into an agreement with a company
for  a  two-month  term,  extended  to  six  months,  to  obtain public relation
services.  Under  the  terms of the agreement, the Company was required to pay a
non-refundable  fee  of $10,000 (which was paid in fiscal 2000) and fees payable
by  issuance  of 4,167 shares of common stock and options to purchase additional
common  shares.  Options  were  not  granted.

During the six-month period ended January 31, 2001 a stockholder provided 16,667
shares  of  common  stock  to  the consultant to settle the Company's obligation
under  the  contract.  The  stockholder  has  indicated  that  she will not seek
reimbursement.  Accordingly,  the Company has recorded as expense and additional
paid-in  capital  $62,000  representing the trading price of the common stock on
the  dates  the  shares  were  provided.

h)     On  September  20,  2000,  the  Company  entered into an agreement with a
consulting  firm, whereby the consulting firm will market and solicit banner ads
for  the  Company's  website  for  an  initial term of twelve months, subject to
performance  review on March 30, 2001.  Compensation for these services includes
33,333  non-forfeitable  shares  of common stock (valued at $90,000 based on the
trading  price  of  the  common  stock  on  November  2,  2000,  the  date  of
issuance),  a  monthly

<PAGE>

                                                FETCHOMATIC GLOBAL INTERNET INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
                    Notes  to  the  Consolidated  Interim  Financial  Statements
                                                                     (Unaudited)
JANUARY  31,  2001

4.     CAPITAL  STOCK  -  CONTINUED

consulting  fee  of  $6,000  subject  to  a  partial set-off against commissions
earned,  50%  of banner advertising fees collected and certain other performance
incentives.  The  value  of  the  contract is being amortized on a straight-line
basis  over  the  term  of  the  contract.

5.     SUBSEQUENT  EVENT

Subsequent  events not disclosed elsewhere in these financial statements include
the  recovery  of  approximately  $77,000  relating  to  a  receivable which was
previously  written  down  for  amounts  owing to the Company on the sale of its
trailer  park  in  June  2000.

6.     NEW  ACCOUNTING  PRONOUNCEMENTS

a)     In  June  1998, The Financial Accounting Standards Board issued Statement
of  Financial  Accounting  Standard  ("SFAS") No. 133, Accounting for Derivative
Instruments  and  Hedging  Activities.  SFAS  No.  133  requires  companies  to
recognize  all  derivatives  contracts  as  either  assets or liabilities on the
Balance Sheet and to measure them at fair value.  If certain conditions are met,
a  derivative  may be specifically designated as a hedge, the objective of which
is  to  match  the  timing of gain or loss recognition on the hedging derivative
with  the  recognition of (i) the changes in the fair value of the hedged assets
or liability that are attributable to the hedged risk or (ii) the earning effect
of  the  hedged  forecasted  transaction.  For  a derivative not designated as a
hedging  instrument,  the  gain or loss is recognized in income in the period of
change.  SFAS  No.  133  is  effective  for  all fiscal quarters of fiscal years
beginning  after  June  15,  2000.

Historically,  the  Company has not entered into derivatives contracts either to
hedge  existing risks or for speculative purposes.  Accordingly, adoption of the
new  standards  on  August  1,  2000  did  not  affect its financial statements.

b)     In  1999,  the Securities and Exchange Commission issued Staff Accounting
Bulletin  No.  101  dealing  with  revenue recognition which is effective in the
fourth  quarter  of the Company's 2001 fiscal year.  The Company does not expect
its  adoption  to  have a material effect on the Company's financial statements.

<PAGE>

ITEM  2.     MANAGEMENT'S  PLAN  OF  OPERATION.

The  following  discussion  and  analysis should be read in conjunction with our
consolidated  financial  statements  and the notes to the consolidated financial
statements,  included  as  part  of  this  Quarterly  Report.

Certain statements contained in this Quarterly Report on Form 10-QSB, including,
without  limitation,  statements containing the words "believes", "anticipates",
"estimates",  "intends",  "expects"  and  words  of  similar  import, constitute
forward-looking  statements  within the meaning of the Private Securities Reform
Act  of 1995.  Although management of our company believes that the expectations
reflected  in  these  forward-looking  statements are reasonable, it can give no
assurance  that  such  expectations  will  prove  to  have been correct.  Actual
results  could  vary  materially  from  those expressed in those forward-looking
statements.  Readers  are  referred  to the risk factors described below in this
Quarterly  Report  entitled  "Factors That May Affect Our Future Results", which
identify  some  of  the  important factors or events that could cause our actual
results  or performance, or the actual results or performance of our subsidiary,
to  differ  materially  from  those contained in the forward looking statements.

General  Discussion

     We  were  formed  under the laws of the State of Nevada on August 27, 1998.
With the acquisition of Fetchomatic.com Online Inc. in November, 1999, we are in
the  business  of  developing  www.fetchomatic.com  for  launch.

     During  the quarter ended January 31, 2001, we continued to further improve
our  fetchOmatic  internet  search  engine  and web portal.  We also underwent a
major  internal  reorganization  on  October  26,  2000  for  which  expenditure
rationalization,  personnel,  product  development  and  marketing  were heavily
scrutinized  and appropriate changes were made.  We made refinements to our code
and  modified  the  database schema to accommodate new features, which we expect
will  result  in  better  search  options, categorized results and a new mapping
system.

     During  and  subsequent  to this quarter, we began acquiring and developing
the  content  that  will  be  displayed  in  each of the districts.  Some of the
content  was  purchased from the providers; however, the majority of the content
has  been  acquired  from  free sources.  We were also able to enter into unique
agreements  with  three  of  our  providers:  BlueSky  Swimwear, PopNuvo and Box
Office  Top  10.  Each  of  these  providers  has or will have worked with us to
customize  their  content  for  display  on  our site.  Until now, none of these
providers  have  offered  their  content

     Our  objective  is  to  be  the  first  graphical  portal on the Web with a
geographical-based  one-click  product,  services  and  business  locator
incorporating  our  Targeted Advertising Banner System ("TABS").  We also expect
to  license  this  technology  to  other  companies.  Our web site is located at
"www.fetchomatic.com".

     To January 31, 2001, we have  not  recognized  revenue  and  have  incurred
significant  operating losses since inception.  The continuation of our business
is  dependent  upon  the  continuing  financial  support  of  our  creditors and
stockholders,  obtaining  further  financing,  the  favorable  settlement  of
contingent liabilities and achieving profitable operations.  There are, however,
no  assurances  that  we will be able to generate further funds required for our
continued  operations.  Accordingly,  our  financial  statements  contain  note
disclosures  describing  the circumstances that lead there to be doubt about our
ability  to  continue  as a going concern.  In their report on the July 31, 2000
consolidated  financial  statements,  our  independent  auditors  included  an
explanatory  paragraph  regarding  our  ability  to continue as a going concern.

Plan  of  Operation

     In  order  to  achieve  the  goals  stated in the section entitled "General
Discussion",  we  have  developed  a  plan  of  operations for the twelve months
commencing  January  1,  2001  and  ending  December  31,  2001.  Our plan is as
follows:

<PAGE>

-     enhance and further develop our current technology to increase performance
and  usability  of both the our graphical web portal and internet search engine.

-     upgrade  our  web site to include additional forms of content and services
which  again, will be an ongoing process dictated by market response and capital
requirements;

-     continue  to  implement  our sales and marketing initiatives over the next
quarter,  providing further exposure to the consumer and investment communities;

-     implement targeted advertising campaigns to support the sales and branding
requirements  (initially slated for approximately seven (7) cities in the United
States);  and

-     develop  partnerships  and  strategic  alliances.

CASH  REQUIREMENTS

     To  date,  we  have  financed  operations  through  the proceeds from stock
options  and  convertible  debentures,  as  well  as  significant  expenditures
(primarily  marketing)  being paid for with our common stock.  We will require a
minimum  of  $1.9  million  over the period ending December 31, 2001 in order to
accomplish  our  goals.  The  cash requirements of $1.9 million are based on our
estimates  of  operational  costs  for  the period ending December 31, 2001.  We
estimate  that  $414,000  will  be  required  to  hire  more marketing and sales
personnel,  and  to  implement  our  planned  sales  and  marketing program.  We
estimate  that $100,000 will be required to support a shareholder communications
program,  $100,000  will  be required for equipment purchases and the balance of
$1,286,000  will  be  required  to support existing research and development and
general corporate expenses.  Included in this figure are salaries for all staff,
including  those  involved  in  technical  development.

     We  intend  to obtain the balance of our cash requirements through the sale
of  our equity securities or by obtaining further debt financing.  Additionally,
we  will  explore  the  possibility of raising funds by way of government grants
made  available  to  high-technology  companies  operating  in  Canada.  We  are
currently  pursuing  debt  financing  of  approximately  $1.0  million  to  fund
continuing  site  development  and  to  implement  new  marketing  initiatives.
Subsequent to that, we will be looking for further financing through the sale of
our  equity  securities.

ADVERTISING  AND  MARKETING

     We  plan  to expend $414,000 over the twelve months ended December 31, 2001
in marketing, advertising and promotional expenses in connection with the launch
of our web portal and the development of the brand awareness of our products and
services.  As  well,  we  will  utilize the balance of the advertising due to us
pursuant  to  the  first  component  of  our  agreement  with Sivla, Inc.  As of
November  22,  2000, 11,750,000 shares of our common stock had been delivered to
Sivla,  Inc.  and  other  entities  which  have performed media, advertising and
public  relations  services  on  our  behalf.  We  are  entitled  to  a  further
$4,812,340 in advertising for common shares already issued.  We are currently in
negotiations  with  Sivla,  Inc. over the remaining advertising entitlement.  An
amendment to the agreement with Sivla, Inc. could likely result in a significant
reduction  in the amount of additional advertising to which we are entitled from
Sivla,  Inc.  We  are  currently  utilizing  national  radio,  spot  radio  and
television  advertising,  which  was  acquired through the agreement with Sivla,
Inc.

RESEARCH  AND  DEVELOPMENT

     Research and development is a continuous process as we expand the scope and
sophistication of our website.  Our development staff are experienced in website
development  and  as  such,  incorporate  industry  recognized methodologies and
development  systems as the basis for their development processes.  We expect to
spend an additional $125,000 over the twelve months ending December 31, 2001 for
additional  development personnel and resources as we further develop our search
engine.  This  amount  is  over  and  above  our recurring development costs for
employees  and  consultants  already  under  contract.

<PAGE>

     From  inception  to  January  31,  2001,  we spent approximately $1,090,000
(including  $440,000  during  the  six  months  ended  January  31,  2001)  on
construction  of  our  web  site  and  on  the  development of our search engine
(excluding  the costs of computer hardware and equipment).  To January 31, 2001,
we  have  deferred  on  our consolidated balance sheet approximately $800,000 of
these  development  costs  (incurred in fiscal 2001 and 2000) with the remaining
development  costs  charged  to  our  consolidated  statement  of  operations.

PERSONNEL

     As of January 31, 2001, our staff consisted of 23 full-time employees and 1
part-time consultant.  In the next twelve months, we plan to hire no more than 5
additional  full-time  employees  and  2  part-time  consultants.

PURCHASE  OR  SALE  OF  EQUIPMENT

     We  expect  to purchase approximately $100,000 in equipment associated with
the  further  development  of our search engine over the next twelve months.  We
will also continue to purchase other computer hardware and software required for
our  ongoing  operations.

GENERAL  AND  ADMINISTRATIVE  EXPENSES

     We  expect  that  over  the next twelve months, we will spend approximately
$107,000 per month on ongoing research and development and general corporate and
operating  expenses  including,  among  other  items,  salaries, rent, legal and
accounting.

FACTORS  THAT  MAY  AFFECT  OUR  FUTURE  RESULTS

     An  investment  in  our  common stock involves a number of very significant
risks.  You  should  carefully consider the following risks and uncertainties in
addition  to  other  information  in  this  Quarterly  Report  in evaluating our
business  before  purchasing  shares  of  common stock.  Our business, operating
result  and  financial  condition  could  be  seriously harmed due to any of the
following  risks.  The  trading  price  of  the shares of our common stock could
decline  due  to  any  of  these  risks,  and you could lose all or part of your
investment.

WE ARE UNCERTAIN WHETHER WE WILL BE ABLE TO OBTAIN THE CAPITAL NECESSARY TO GROW
OUR  BUSINESS.

     To  fully  realize  our  business objectives and potential, we will require
significant  additional  financing.  Based  on  our  current  operating plan, we
require  additional  financing  immediately.  In  the past, we have been largely
dependent  upon  private  convertible debt and financing through the exercise of
stock  options  when  we  required  funds.  We  have also issued common stock in
exchange for services.  We will need to raise additional funds in the future to:

-     fund  more  aggressive  brand  promotion  or  more  rapid  expansion;

-     develop  new  or  enhanced  services;  and

-     respond  to  competitive  pressures  or  to  make  acquisitions.

     We may be unable to obtain required additional financing on terms favorable
to  us.  If  adequate funds are not available on acceptable terms, and we cannot
exchange  shares  of  common  stock  for  services,  we  will  be  unable  to:

-     fund  our  expansion;

-     successfully  promote  our  brand;

-     develop  or  enhance  services;

<PAGE>

-     respond  to  competitive  pressures;  or

-     take  advantage  of  acquisition  opportunities.

     Additional  financing  may  be  debt,  equity  or a combination of debt and
equity.  If we raise additional funds through the issuance of equity securities,
our  stockholders  may  experience  dilution of their ownership interest and the
newly  issued  securities may have rights superior to those of the common stock.
If  we  raise additional funds by issuing debt, we may be subject to limitations
on  our  operations,  including  limitations  on  the  payment  of  dividends.

IF  WE  DO  NOT RAISE ADDITIONAL FUNDS FROM THIRD PARTY SOURCES OR BEGIN TO EARN
REVENUES,  THEN  WE  MAY  BE  UNABLE  TO  CONTINUE  OPERATING.

     Our  recurring  operating  losses  and  growing  working capital needs will
require  us  to obtain additional capital to operate our business before we have
established  that our business will generate significant revenue.  As of January
31,  2001, we have not recognized revenue to date and we have accumulated losses
from September 24, 1998 (the inception of Fetchomatic.com Online Inc. to January
31,  2001)  of approximately $35.4 million.  The continuation of our business is
dependent  upon the successful completion of our web site and search engine, the
continuing  financial  support  of  our  creditors  and  stockholders, obtaining
long-term financing, settling contingent liabilities successfully, and achieving
a  profitable  level  of  operations.  While we are applying our best efforts to
meeting  our  financing  needs,  there  can  be  no  assurance  that  we will be
successful  in raising capital from third parties or generating sufficient funds
for  operations  and  continued  development.  In the event that we do not raise
sufficient  funds  from  third  parties,  we  may  not  have  adequate financial
resources  to  continue  our business.  If additional financing is obtained, the
terms of the financing may be adverse to the interests of existing stockholders,
including  the  possibility  of substantially diluting their ownership position.

THE  CONSULTING  AGREEMENTS  BETWEEN THE FETCHOMATIC.COM ONLINE INC. AND MAURICE
SIMPSON,  DANA  SHAW  AND  WILLIAM  MURRAY  CONTAIN PAYMENT PROVISIONS WHICH, IF
ENFORCED,  WOULD  DEPLETE  ALL  OF  OUR  CASH

     Each  of  Maurice  Simpson,  Dana  Shaw  and William Murray is a party to a
consulting  agreement with our subsidiary, Fetchomatic.com Online Inc.  Pursuant
to the terms of their particular agreement, in the event that the agreements are
terminated,  Messrs.  Simpson, Shaw and Murray are entitled to receive a payment
from  us  in  the  amount  of  CDN$2,000,000,  CDN$500,000  and  CDN$500,000
(approximately  $1,340,000, $335,000 and $335,000), respectively, in addition to
the  monthly  payments  due  under  the  term  of  the  agreements.  The  three
individuals  were  relieved  of  their  duties  with Fetchomatic.com Online Inc.
during  the  period.  As  discussed in Part II - Item 1, "Legal Proceedings," we
have commenced several lawsuits in the Supreme Court of British Columbia against
Mssrs.  Simpson, Shaw and Murray, among others, alleging a failure to adequately
discharge  contractual  and fiduciary duties.  There can be no assurance that we
will  prevail  in  our  legal  action or that the consulting agreements with Mr.
Simpson,  Mr. Shaw and Mr. Murray will be set aside.  In the event of an adverse
determination,  we currently do not have sufficient cash reserves to pay amounts
which  could be owing to these parties, which means payment of these obligations
would  come  out  of  future  financing  and  which  would  require  us to raise
significantly  more  capital  than  we  planned  to  conduct  our  business.

THE  LIMITED  OPERATING  HISTORY  OF  OUR  ONLINE BUSINESS MAKES IT DIFFICULT TO
EVALUATE  WHETHER  WE  WILL  OPERATE  PROFITABLY.

     Prior  to  June  2000,  we  were  in the business of owning and operating a
mobile home park in Canada, but since June 2, 2000, have focussed our operations
solely on the development, marketing and commercial exploitation of our Internet
search  engine.  Our  Internet  business  operations have a limited history upon
which  an  evaluation of our company can be based.  Our prospects are subject to
the  risks,  expenses  and  uncertainties frequently encountered by companies in
their  early  stage  of  development, especially in the new and rapidly evolving
markets  for  Internet products and services.  There can be no assurance that we
will  be  able  to  address  any  of  these  challenges.

<PAGE>

SINCE  WE  HAVE  A  HISTORY  OF NET LOSSES, WE EXPECT TO INCUR NET LOSSES IN THE
FUTURE.

     Our  consolidated  financial statements reflect that we have not yet earned
any  revenue  and  have  incurred  significant net losses since inception of our
subsidiary,  Fetchomatic.com  Online  Inc.,  including a net loss of $16,780,359
(including  a  loss  from discontinued operations of $567,502) in the year ended
July  31,  2000  and  a loss of $18,401,205 for the six months ended January 31,
2001.  As of January 31, 2001, we had an accumulated deficit of $35,416,918.  We
expect to have continuing net losses and negative cash flows for the foreseeable
future.  The  size of these net losses will depend, in part, on the commencement
and  the  rate of growth in our revenues.  It is critical to our success that we
continue  to  expend financial and management resources to develop brand loyalty
through  marketing  and  promotion.

     With  the  acquisition  of Fetchomatic.com Online Inc. on November 3, 1999,
and our entrance into the competitive Internet business market, we significantly
increased  our operating expenses and we expect that our operating expenses will
continue  to  increase  in the future.  To the extent that any such expenses are
not  timely followed by increased revenues, our business, results of operations,
financial  condition  and  prospects  would  be  materially  adversely affected.

WE  ARE IN A HIGHLY COMPETITIVE INDUSTRY AND SOME OF OUR COMPETITORS MAY BE MORE
SUCCESSFUL  IN  ATTRACTING  AND  RETAINING  CUSTOMERS.

     The  market for Internet products and services is highly competitive and we
expect  that  competition  will  continue  to  intensify.  Negative  competitive
developments  could  prevent  our  business  from  being  successful.

     We  compete  with  many  other providers of online navigation, information,
entertainment,  business, community, electronic commerce and broadcast services.
As  we expand the scope of our Internet offerings, we will compete directly with
a  greater  number  of  Internet sites, media companies, and companies providing
business  services  across a wide range of different online services, including:

-     companies  offering  communications services either on a stand alone basis
or  integrated  into  other  products  and  media  properties;

-     vertical markets where competitors may have advantages in expertise, brand
recognition,  and  other  factors;

-     manufacturers  of  personal  computers  who may develop their own Internet
portals  to  which  they  would  direct  their  customers;

-     online  merchant  hosting  services;  and

-     online  broadcasting  of  business  events.

     In  particular,  we face significant competition from Yahoo!, Inc., America
Online  Inc.  and  Microsoft Corporation.  To a less significant extent, we face
competition  from other companies that have combined a variety of services under
one brand in a manner similar to Yahoo!, Inc., including CMGI Inc. (through Alta
Vista),  the  Walt  Disney Company (through The GO Network), At Home Corporation
(through  Excite@Home),  and  Lycos,  Inc.

     In  certain  of  these  cases,  our  competition  has  a  direct  billing
relationship  with the user, which we generally lack.  This relationship permits
our  competitors to have several potential advantages including the potential to
be  more  effective  than  us  in  targeting  services and advertisements to the
specific  taste  of  their  users.  The merger of America Online and Time Warner
Inc.  provided  America  Online  with  content  from  Time  Warner's  movie  and
television, music, books and periodicals, news, sports and other media holdings;
access  to  a  network  of  cable and other broadband delivery technologies; and
considerable  resources  for  future  growth  and  expansion.  The  merger  also
provided  America  Online  with  access  to  a  broad  potential  customer  base
consisting  of  Time  Warner's  current customers and subscribers of its various
media  properties.  We  also face competition from web sites focused on vertical
markets  where  expertise  in  a  particular segment of the market may provide a
competitive  advantage.  We

<PAGE>

must continue to obtain more knowledge about our users and their preferences, as
well  as increase our branding and other marketing activities in order to remain
competitive.

     A  large  number  of  those  web  sites  and  online  services  as  well as
high-traffic  e-commerce  merchants  such  as Amazon.com, Inc. also offer or are
expected  to  offer informational and community features that may be competitive
with  the  services that we offer or intend to offer in the future.  In order to
effectively  compete,  we  may  need  to expend significant internal engineering
resources or acquire other technologies and companies to provide or enhance such
capabilities.  Any  of  these  efforts could have a materially adverse effect on
our  business,  operating results and financial condition and be dilutive to our
stockholders.

WE  MAY  NOT  BE  ABLE  TO  COMPETE EFFECTIVELY BECAUSE WE ARE IN THE PROCESS OF
ESTABLISHING  OUR  NAME  RECOGNITION  AND  BECAUSE  OUR  COMPETITORS  ARE  MORE
ESTABLISHED  AND  HAVE  GREATER  RESOURCES  THAN  WE  DO.

     Many  of  our  existing  competitors,  such  as  Yahoo!, America Online and
Microsoft  (MSN)  have  longer  operating  histories,  greater name recognition,
larger  customer  bases  and  significantly  greater  financial,  technical  and
marketing resources than we do.  This may allow them to devote greater resources
than we can to the development and promotion of their products and services.  In
addition,  many of these competitors offer a wider range of services than we do.
Our  competitors' services may attract users to their sites and may consequently
result  in  decreased  visits  to  our  site.

     Our competitors may also engage in more extensive research and development,
adopt  more  aggressive  pricing  policies  and  make  more attractive offers to
existing  and potential employees, partners, advertisers and electronic commerce
partners.  Our  competitors  may develop products and services that are equal or
superior  to  ours  or  that  achieve  greater  market acceptance.  In addition,
current  and  potential competitors may establish relationships among themselves
or  with third parties to better address the needs of advertisers and businesses
engaged  in  electronic  commerce.  As a result, it is possible that existing or
new  competitors  may  emerge  and  rapidly  acquire a significant market share.

WE  WILL  RELY  HEAVILY ON REVENUES DERIVED FROM INTERNET ADVERTISING, WHICH MAY
PROVE  TO  BE  AN INEFFECTIVE MEANS OF ADVERTISING FOR OUR CURRENT AND POTENTIAL
CLIENTS.

     We  expect  to  generate  the  majority of our revenues from advertisements
displayed  on  our  online  properties.  Our  ability  to  continue  to  achieve
substantial  advertising  revenue  depends  upon:

-     growth  of  our  user  base;

-     our  ability  to  make  our  user  base  attractive  to  advertisers;

-     our  ability  to  derive better demographic and other information from our
users;

-     acceptance  by  advertisers  of the Internet as an advertising medium; and

-     our  ability  to  transition  and  expand into other forms of advertising.

     If  we  are  unsuccessful  in adapting to the needs of our advertisers, our
ability  to  generate  revenues  may  be  significantly  reduced.

WE EXPECT TO DERIVE THE MAJORITY OF OUR REVENUES FROM THE SALE OF ADVERTISEMENTS
UNDER  SHORT-TERM  CONTRACTS,  WHICH  ARE  DIFFICULT  TO  FORECAST  ACCURATELY.

     We  expect that most or all of our revenues will be derived from agreements
with  advertisers  or  sponsorship arrangements.  Agreements for advertising and
sponsorship  arrangements on the Internet are customarily short term.  We expect
that the advertising and sponsorship agreements that we enter will have terms of
less  than  three  years.  In

<PAGE>

cases  where  the  advertiser  provides services, the agreements will often have
payments contingent on usage levels.  Accordingly, it is difficult to accurately
forecast  these  revenues.  However,  our  expense  levels  are based in part on
expectations  of  future  revenues and, to a large extent, are fixed.  We may be
unable  to  adjust  spending  quickly  enough  to  compensate for any unexpected
revenue  shortfall.  Accordingly, the cancellation or deferral of advertising or
sponsorship (once obtained) may impede our future growth.  Because our operating
expenses  are likely to increase significantly over the near term, to the extent
that expenses increase but our revenues do not, we may be required to seek funds
from  third  parties  to  finance  our  continued  operations.

THE  RATE  STRUCTURE OF SOME OF OUR PLANNED SPONSORSHIP ARRANGEMENTS SUBJECTS US
TO  FINANCIAL  RISK.

     A  key  element  of  our strategy is the generation of advertising revenues
through  sponsored  services and placements by third parties in our online media
properties  in addition to banner advertising.  We expect to receive sponsorship
fees  or  a portion of transaction revenues in return for minimum levels of user
impressions  to  be provided by us.  These arrangements expose us to potentially
significant  financial  risks  in  the  event  that  our  usage levels decrease,
including  the  following:

-     fees  that  we  are  entitled  to  receive  may  be  adjusted  downwards;

-     we  may  be  required  to  "make  good"  on  our  obligations by providing
alternate  services;

-     our sponsors may not renew the agreements or may renew at lower rates; and

-     our arrangements may not generate anticipated levels of shared transaction
revenues,  or  our  sponsors  may  default  on  the  payment commitments in such
agreements.

     Accordingly,  any  levelling off or decrease in our future user base or the
failure  to  generate  anticipated  levels  of shared transaction revenues could
result  in  a  significant  decrease  in  our  revenue  levels.

WE  MAY  NOT  BE  SUCCESSFUL  IN EXPANDING THE NUMBER OF USERS OF OUR ELECTRONIC
COMMERCE  SERVICES  AND  OUR  ABILITY  TO  EFFECTIVELY PROVIDE THESE SERVICES IS
LIMITED BECAUSE WE DO NOT HAVE A DIRECT BILLING RELATIONSHIP WITH OUR CUSTOMERS.

     We  have focused, and intend to continue to focus, significant resources on
the  development  and  enhancement of our electronic commerce properties.  These
properties  link  users  with  a  network  of  retailers  with  which  we  have
relationships.  However,  we  merely provide a means through which our users can
access  the  sellers  of the products such users may wish to purchase, and we do
not  establish  a  direct billing relationship with our users as a result of any
such  purchase.  In  addition, a large number of our users currently utilize our
online  shopping  services  simply  to  gather  information  for  future offline
purchases.  We  will  need  to  effectively induce information gatherers to make
online  purchases  in  order  for  our  electronic  commerce  properties  to  be
successful.  The revenue that we derive from our electronic commerce services is
typically  in  the form of a bounty or commission paid by the retailer from whom
our  user  purchased  a  product.  If the user had a favorable buying experience
with  a  particular  retailer,  the  user may subsequently contact that retailer
directly  rather  than  through our service.  If our users bypass our electronic
commerce  properties  and  contact  retailers  directly, we will not receive any
revenue  for purchases made through such direct contact.  Competing providers of
online  shopping,  including  merchants  with whom we have relationships, may be
able  to  provide a more convenient and comprehensive online shopping experience
due  to  their  singular focus on electronic commerce.  As a result, we may have
difficulty  competing  with  those  merchants  for  users of electronic commerce
services.  The  inability  of  our  electronic  commerce  properties to generate
significant  revenues  could  have  a  material  adverse effect on our business.

<PAGE>

GROWTH  OF  OUR  BUSINESS  MAY  STRAIN OUR MANAGERIAL, FINANCIAL AND OPERATIONAL
RESOURCES.

     We  may  experience rapid growth, which would place a significant strain on
our  managerial,  financial  and  operational  resources.  Any  growth  we  may
experience  will  result  in  increased  responsibility  for  existing  and  new
management  personnel.  Our  effective  growth  management  will  depend  on our
ability  to:

-     integrate  new  personnel  into  our  corporate  structure;

-     improve  our  operational,  management and financial systems and controls;
and

-     retrain,  train,  motivate  and  manage  employees.

     We  cannot  assure  you  that  our  systems, procedures or controls will be
adequate  to support our operations or that we will be able to manage any growth
effectively.  If  we do not manage our growth effectively, then our expenses may
exceed  our  revenues.

OUR  DEPENDENCE  ON THIRD PARTY SOURCES FOR OUR DATABASES MAY INHIBIT THE GROWTH
AND  SUCCESS  OF  OUR  WEB  SITE.

     We  currently  have  the  right  to  utilize  a  database  of approximately
16,000,000  U.S.  business  and  1,800,000  Canadian business listings under the
terms of a non-exclusive license from Acxiom Corporation.  The license agreement
is for an initial term of one year that expires on October 29, 2000, but that is
automatically renewed for additional one year periods unless either party to the
agreement  provides  90 days prior written notice of termination.  The agreement
with  Acxiom  Corporation was renewed for an additional one year term on October
29,  2000.

     We  received  a  non-exclusive license from Chicago Map Corporation.  Under
the  terms  of  the  license we have a right to install and set up their mapping
software  on  our server.  We also have the right to allow our customers to have
access  to  Chicago  Map's  software  through  our  web  site.

     The database and mapping technology are integral components of our web site
and our ability to operate our web site and search engine as intended depends on
our ability to maintain the licenses and continue to use the licensed materials.

     There can be no assurance that we will be able to utilize the database from
Acxiom  Corporation  or  the mapping technology of Chicago Map Corporation for a
long-term  period.  In  the  event that we are unable to utilize the database or
mapping  technology  in  the  future,  we  would  be  required to obtain similar
licenses from other sources.  There can be no assurances that we will be able to
obtain  similar  licenses from other sources, or in the event that we can obtain
such  similar  licenses,  that  we  will  be  able  to do so on favorable terms.

SYSTEM  FAILURE  COULD  SIGNIFICANTLY  REDUCE  OUR  REVENUES.

     Although  the  servers  that  host  our  web  site  are backed-up by remote
servers, we cannot be certain that the back-up servers will not fail or cause an
interruption  in  our  service.  Our web site could also be affected by computer
viruses, electronic break-ins or other similar disruptions.  Our users depend on
Internet  service  providers,  online  service  providers  and  other  web  site
operators  for access to our web sites.  Each of these providers has experienced
significant  outages  in the past and could experience outages, delays and other
difficulties  due  to  system  failures  unrelated to our systems.  Further, our
systems  are  vulnerable to damage or interruption from fire, flood, power loss,
telecommunications  failure,  break-ins,  earthquake  and  similar  events.  Any
system  failure, including network, software or hardware failure, that causes an
interruption in our service could result in reduced visits to our web sites and,
therefore,  reduced  revenues.

<PAGE>

A  LOSS  OF  ANY  KEY  PERSONNEL  COULD  IMPAIR  OUR  ABILITY  TO  SUCCEED.

     In  part,  our  future  success depends on the continued service of our key
management  personnel,  particularly:  (1)  Lindsay  Lent,  our  President and a
Director,  (2)  Kevin  Kosick,  Vice President (Business Development), (4) Colin
Fraser,  Vice  President  (Technology),  (5)  Alex  Klenman,  Vice  President
(Communications),  and  (6)  Wayne  E.  Loftus,  the  Chairman  of  our Board of
Directors.  The  loss of their services, or the services of other key employees,
could  impair  our  ability  to  grow  our  business.

     Our  future  success  also  depends  on  our ability to attract, retain and
motivate  highly skilled employees. Competition for employees in our industry is
intense.  We  may  be  unable  to  attract,  assimilate  or  retain other highly
qualified  employees  in  the  future.  In  the  past, we have from time to time
experienced  difficulty  hiring  and  retaining  highly  skilled  employees with
appropriate qualifications.  We expect that this difficulty will continue in the
future.

OUR  INABILITY  TO  EXPAND  OUR  SALES AND SUPPORT ORGANIZATIONS MAY RESULT IN A
FAILURE  TO  INCREASE  MARKET  AWARENESS  OF  OUR  PRODUCTS  AND  SERVICES.

     We  need  to  substantially expand both our advertising sales and corporate
sales  operations  as well as our marketing efforts to increase market awareness
and  sales  of  our  products  and  services.  We  plan to hire additional sales
personnel.  Competition  for qualified sales personnel is intense, and we may be
unable to hire the kind and number of sales personnel we are targeting.  We will
need  to  increase  our  staff  if our customer base increases. Hiring qualified
customer  service  and support personnel is very competitive in our industry due
to  the  limited  number of people available with the necessary technical skills
and  understanding  of  the Internet.  If we are unable to hire additional sales
personnel  we  may  be  unable  to increase market awareness of our products and
services.

IF  WE ARE UNABLE TO DEVELOP OUR BRAND, WE WILL BE UNABLE TO BUILD OUR BUSINESS.

     We believe that broader brand recognition and favorable consumer perception
of the "Fetchomatic" brand are essential to our future success.  We also believe
that the importance of brand recognition will increase due to the growing number
of  Internet  sites  and  the  relatively low barriers to entry to the industry.
Accordingly,  we  intend  to  continue  pursuing an aggressive brand-enhancement
strategy  that  will  include  mass  marketing  and  multimedia  advertising,
promotional  programs  and  public  relations  activities.  We  intend  to incur
significant  expenditures on additional advertising and promotional programs and
activities in the future, however our ability to put in place an effective media
relations plan is impacted by our limited cash flow and concerns over additional
dilution of common stock.  Future expenditures, which may not be sufficient, may
not  result  in  a  sufficient increase in revenues to cover our advertising and
promotional  expenses.  In  addition,  even  if brand recognition increases, the
number  of new users may not increase.  Further, even if the number of new users
increases,  the amount of our sales may not increase sufficiently to justify the
expenditures.  If our brand enhancement strategy is unsuccessful, these expenses
may  never  be  recovered  and  we  may  be  unable to increase future revenues.

OUR  COMPETITORS  OFTEN  PROVIDE  INTERNET  ACCESS  OR  COMPUTER HARDWARE TO OUR
POTENTIAL CUSTOMERS AND THEY COULD MAKE IT DIFFICULT FOR OUR CUSTOMERS TO ACCESS
OUR  SERVICES.

     Our  potential  users  must access our services through an Internet service
provider,  with which the user establishes a direct billing relationship using a
personal  computer  or  other  access  device.  To  the  extent  that  an access
provider, such as America Online, or a computer or computing device manufacturer
offers  online  services  or properties that are competitive with ours, the user
may  find  it  more  convenient to use the services or properties of that access
provider  or manufacturer.  In addition, the access provider or manufacturer may
make  it  difficult  to  access  our  services by not listing them in the access
provider's  or  manufacturer's  own directory.  Also, because an access provider
gathers  information  from  the user in connection with the establishment of the
billing  relationship,  an  access  provider  may be more effective in tailoring
services  and advertisements to the specific tastes of the user than we are.  To
the  extent  that  a  user opts to use the services offered by his or her access
provider  or  those offered by computer or computing device manufacturers rather
than  the services provided by us, our business, operating results and financial
condition  will  be  materially  adversely  affected because we may be unable to
increase our revenues in an amount that is sufficient to sustain our operations.

<PAGE>

IF  INTERNET  USAGE DOES NOT GROW, WE MAY BE UNABLE TO EXECUTE OUR BUSINESS PLAN
TO  INCREASE  OUR  OPERATIONS.

     Our  business will be unable to succeed if Internet usage does not continue
to grow or grows at significantly lower rates compared with current trends.  The
continued  growth  of the Internet depends on various factors, many of which are
outside  our  control.  These  factors  include,  but  are  not  limited  to the
following  factors:

-     the Internet infrastructure's ability to support the demands placed on it;

-     the  public's  concerns regarding security and authentication with respect
to  the  transmission  over  the  Internet  of confidential information, such as
credit  card  numbers,  and  attempts  by unauthorized computer users, so-called
hackers,  to  penetrate  online  security  systems;  and

-     the  public's concern regarding privacy issues, including those related to
the ability of web sites to gather user information without the user's knowledge
or  consent.

OUR  INABILITY  TO  ADAPT TO EVOLVING INTERNET TECHNOLOGIES AND CUSTOMER DEMANDS
MAY  IMPEDE  OUR  FUTURE  GROWTH.

     To  be  successful, we must adapt to rapidly changing Internet technologies
and customer demands.  To that end, we must continually enhance our products and
services  and  introduce  new services to address our customers' changing needs.
If  we  need  to  modify  our  services  or  infrastructure  to adapt to changes
affecting providers of Internet services, we could incur substantial development
or  acquisition  costs.  If  we  cannot  adapt  to  these  changes,  or  do  not
sufficiently  increase  the  features  and  functionality  of  our  products and
services,  our  customers may switch to the product and service offerings of our
competitors  or  potential  competitors.

     Furthermore,  our  competitors  or  potential competitors may develop novel
Internet applications that are equal or superior to our services, as a result of
which,  customer  demand  for  our  services  may  decrease.

IF  OUR  SYSTEMS  DO  NOT  PERFORM  AS  EXPECTED,  OUR POTENTIAL REVENUES MAY BE
SIGNIFICANTLY  REDUCED.

     Any  system  failure, including network, software or hardware failure, that
causes  an interruption in our service or a decrease in our responsiveness could
result  in  delays in the full launch of our web site or reduced user traffic on
our web site and therefore cause a reduction in potential revenues. Our web site
and  data  are  backed-up on tapes and are stored remotely.  Although we believe
that  our  current  back-up  methods are adequate, we cannot assure you that the
back-up  tapes will not cause an interruption in our service.  Computer viruses,
electronic  break-ins  or  other  similar  disruptions could also affect our web
site.  Our  users  and  customers  depend  on Internet service providers, online
service providers and other web site operators for access to our web site.  Each
of  these  providers  has experienced significant outages in the past, and could
experience  outages,  delays  and  other  difficulties  due  to  system failures
unrelated to our systems in the future.  Our systems are vulnerable to damage or
interruption  from  fire,  flood,  power  loss,  telecommunications  failure,
break-ins, earthquake and other similar events.  Our insurance policies have low
coverage  limits  and may not adequately compensate us for losses that may occur
due  to  interruptions  in  our  service.

IF  WE ARE UNABLE TO PROTECT OUR INTELLECTUAL PROPERTY RIGHTS OR ARE HELD LIABLE
FOR  INFRINGING  ON THE INTELLECTUAL PROPERTY RIGHTS OF OTHERS, WE MAY BE FORCED
TO  DEVOTE  SIGNIFICANT  TIME,  ATTENTION  AND  MONEY  TO  DEFEND  THESE CLAIMS.

     Third  parties  may  infringe  or  misappropriate  our  trademarks or other
proprietary  rights,  which could injure our reputation and business.  We may be
subject to or may initiate proceedings in the United States Patent and Trademark
Office,  which may demand significant financial and management resources.  While
we enter into confidentiality agreements with our employees and consultants, and
generally control access to and distribution of our proprietary information, the
steps  we  have  taken  to  protect  our  proprietary  rights  may  not  prevent
misappropriation.  In addition, we do not know whether we will be able to defend
our  proprietary  rights  since  the

<PAGE>

validity,  enforceability  and  scope  of  protection  of  proprietary rights in
Internet-related  industries  is  uncertain  and  still  evolving.

     Many parties are actively developing search, indexing, e-commerce and other
Internet  related  technologies,  as well as a variety of online business models
and  methods.  We  believe  that  these  parties  will continue to take steps to
protect  these  technologies,  including,  but  not  limited  to, seeking patent
protection.  As a result, disputes regarding the ownership of these technologies
and  rights  associated  with online business are likely to arise in the future.

     Although  we  believe  that  our  products  and  information  system do not
infringe  upon  the proprietary rights of others, there can be no assurance that
third parties will not assert infringement claims against us.  From time to time
in  the  ordinary  course  of  business,  we may be subject to claims of alleged
infringement  of  the trademarks and other intellectual property rights of third
parties.  These  claims,  and  any resultant litigation should this occur, could
further  subject  us to significant liability for damages.  In addition, even if
we  prevail,  litigation  could  be  time-consuming and expensive to defend, and
could  result  in the diversion of our time and attention and a reduction in any
potential profits.  Any claims from third parties may also result in limitations
on  our ability to use the intellectual property subject to these claims, unless
we are able to enter into agreements with the third parties making these claims.

IF  WE ARE HELD LIABLE FOR PUBLISHING CERTAIN CONTENT ON THE INTERNET, WE MAY BE
FORCED  TO  DEVOTE  SIGNIFICANT  RESOURCES  TO  DEFEND  THOSE  CLAIMS.

     As  a  publisher  of  online  content,  we  face  potential  liability  for
defamation,  negligence,  copyright,  patent or trademark infringement, or other
claims  based  on  the  nature  and  content  of  materials  that  we publish or
distribute.  In  the  past,  plaintiffs  have  brought these types of claims and
sometimes  successfully  litigated them against online services.  If a plaintiff
were  to  bring  a  claim  against  our  company,  we would incur legal expenses
associated  with  defending  the  litigation.  Furthermore,  there  exists  the
possibility  that  we may not prevail.  Litigating any one of these claims would
be time-consuming and expensive to defend and could impair our ability to become
profitable.

IF  WE  EVER DECIDE TO COLLECT PERSONAL INFORMATION ABOUT OUR USERS, WE MAY FACE
POTENTIAL  LIABILITY  FOR  INVASION  OF  PRIVACY.

     Although  we  have  a  policy  against  using personal information, current
computing  and  Internet  technology  allows  us to collect personal information
about  our  users.  We  may  decide  in  the  future to compile and provide such
information  to  our  electronic commerce partners.  If we begin collecting such
information,  we  may  face  potential  liability  for  invasion  of privacy for
compiling and providing to our electronic commerce partners information based on
questions  asked  by  users  and  visitors  on our web site.  Because we may not
obtain  permission from users to distribute this information, we may potentially
face  liability  for  invasion  of  privacy.

IF A NEW LAW OR NEW GOVERNMENT REGULATION IS CREATED PERTAINING TO THE INTERNET,
IT  COULD  DECREASE  THE  DEMAND  FOR OUR SERVICES OR INCREASE THE COST OF DOING
BUSINESS.

     Any new law or regulation pertaining to the Internet, or the application or
interpretation  of  existing laws, could decrease the demand for our services or
increase our cost of doing business.  There are, and will likely continue to be,
an  increasing number of laws and regulations pertaining to the Internet.  These
laws  or  regulations  may relate to liability for information retrieved from or
transmitted over the Internet, online content regulation, user privacy, taxation
and  the  quality  of  products  and  services.  Furthermore,  the  growth  and
development  of electronic commerce may prompt calls for more stringent consumer
protection  laws  that  may  impose  additional  burdens  on electronic commerce
companies  as  well  as  companies  like  ours  that provide electronic commerce
services.  Moreover,  the  applicability  to  the  Internet  of  existing  laws
governing  intellectual  property  ownership  and  infringement,  copyright,
trademark,  trade  secret,  obscenity,  libel,  employment,  personal  privacy,
advertising  and  other  issues  is  uncertain  and  developing.

     We  are  required  to file tax returns in such jurisdictions as required by
law  based  on principles applicable to traditional businesses.  However, one or
more  states  could  seek  to  impose additional income tax obligations or sales

<PAGE>

tax  collection obligations on out-of-state companies, such as ours, that engage
in  or  facilitate electronic commerce.  A number of proposals have been made at
state  and local levels that could impose such taxes on the sale of products and
services  through the Internet.  Such proposals, if adopted, could substantially
impair the growth of electronic commerce and adversely affect our opportunity to
become  profitable.

     The  United States Congress has enacted legislation limiting the ability of
the  states  to  impose taxes on Internet-based transactions.  This legislation,
known  as  the Internet Tax Freedom Act, was enacted on October 1, 1998 and ends
on  October  21,  2001.  The legislation imposes only a three-year moratorium on
state  and  local  taxes  on  (1)  electronic  commerce  where  such  taxes  are
discriminatory  and (2) Internet access unless such taxes were generally imposed
and  actually  enforced  prior  to October 1, 1998.  It is possible that the tax
moratorium could fail to be renewed prior to October 21, 2001.  Failure to renew
this  legislation  would  allow various states to impose taxes on Internet-based
commerce.  The  imposition  of  such taxes could adversely affect our ability to
become  profitable.

     Due  to  the  global  nature  of  the  Internet,  it  is  possible that the
governments  of other states and foreign countries might attempt to regulate its
transmissions  or  prosecute  for  violations  of  their  laws.  We  might
unintentionally  violate  such laws, such laws may be modified, and new laws may
be  enacted  in the future.  Any such developments could have a material adverse
effect  on  our  business,  operating  results  and  financial  condition.

SINCE  WE  PLAN TO ENTER INTO REVENUE-SHARING CONTRACTS WITH THIRD PARTIES, THIS
EXPOSURE  MAY  SUBJECT  US  TO  LEGAL  RISKS  AND  POSSIBLE  LIABILITIES.

     As  part  of  our business, we plan to enter into agreements with sponsors,
content  providers,  service  providers  and merchants.  As a result, we will be
entitled  to receive a share of revenues from the purchase of goods and services
by  users  of  our  online  properties.  Such  arrangements  may  expose  us  to
additional  legal  risks  and  uncertainties, including potential liabilities to
consumers  of  such  products and services.  Although we carry general liability
insurance,  our insurance may not cover potential claims of this type or may not
be  adequate  to  indemnify  us  against  all  potential  liability.

     Some  of  the risks that may result from these arrangements with businesses
engaged  in  electronic  commerce include, but are not limited to the following:

-     potential  liabilities  for  illegal  activities  that may be conducted by
participating  merchants;

-     product  liability or other tort claims relating to goods or services sold
through  third-party  commerce  web  sites;

-     consumer  fraud  and  false  or  deceptive advertising or sales practices;

-     breach  of  contract  claims  relating  to  merchant  transactions;

-     claims  that materials included in merchant web sites or sold by merchants
through  these web sites infringe third-party patents, copyrights, trademarks or
other intellectual property rights, or are libellous, defamatory or in breach of
third-party  confidentiality  or  privacy  rights;  and

-     claims  relating  to any failure of merchants to appropriately collect and
remit  sales  or  other  taxes  arising  from  electronic commerce transactions.

     Even  to  the  extent that such claims do not result in material liability,
investigating  and  defending  such claims could cause a strain on our finances,
damage  our  reputation  and  distract  the  attention  of  our  management.

<PAGE>

SINCE  OUR  CURRENT  AND FORMER OFFICERS AND DIRECTORS OWN A LARGE PERCENTAGE OF
OUR  OUTSTANDING  SHARES,  THEY  ARE  ABLE  TO  SIGNIFICANTLY  INFLUENCE MATTERS
REGARDING  STOCKHOLDER  APPROVAL.

     As  of  December  12,  2000,  our current executive officers, directors and
their  affiliates  beneficially  own  (or  control  via  proxy) in the aggregate
8,336,667  shares or approximately 15% of our then issued and outstanding common
stock (1,389,445 shares post split).  These stockholders may be able to exercise
control  over  all matters requiring approval by our stockholders, including the
election  of  directors  and the approval of significant corporate transactions.
This  concentration  of  ownership  may  also  have  the  effect  of delaying or
preventing  an  acquisition  or  change  in  control of our company, which could
significantly  reduce  our  stock  price.

     Further,  as  of  December 12, 2000, Maurice Simpson, Dana Shaw and William
Murray  (former  executive  officers  of  our  company  and/or  certain  of  our
subsidiaries)  beneficially  own  in the aggregate 17,225,000 shares or 31.5% of
our  then  issued  and  outstanding  common stock (2,870,833 shares post split).
This  concentration  of  stock  with  individuals with which we are currently in
dispute  may  also  have  the  effect  of  delaying  or  preventing  approval of
transactions  and  events  requiring  stockholder  approval.

SINCE  THE  MARKET FOR STOCKS OF INTERNET COMPANIES HISTORICALLY HAS EXPERIENCED
EXTREME  PRICE  FLUCTUATIONS, OUR SHARES MAY EXPERIENCE EXTREME PRICE AND VOLUME
FLUCTUATIONS.

     The  market  for  the  stocks of Internet-related companies has experienced
extreme price and volume fluctuations.  The market price of our common stock may
be  volatile  and  may decline.  In the past, securities class action litigation
has  often  been  initiated against companies following periods of volatility in
the  market  price  of  their  securities.  If  such  class action litigation is
initiated  against us, regardless of the outcome, it could result in substantial
costs  and  a  diversion  of  our  management's  attention  and  resources.

FUTURE SALES OF COMMON STOCK BY OUR EXISTING STOCKHOLDERS COULD REDUCE THE PRICE
OF  OUR  COMMON  STOCK.

     The  market price of our common stock could decline as a result of sales by
our  existing  stockholders  of shares of common stock in the market.  Likewise,
the  perception  that  these  sales could occur may result in the decline of the
market price of our common stock.  These sales also might make it more difficult
for  us to sell equity securities in the future at a time and at a price that we
deem  appropriate.

WE  DO  NOT  EXPECT  TO  PAY  DIVIDENDS.

     We  have  not  paid dividends on our common stock or preferred stock and do
not  expect  to  do  so  in  the  foreseeable  future.

                           PART II - OTHER INFORMATION

ITEM  1.     LEGAL  PROCEEDINGS.

     As reported in our Form 10-QSB Quarterly Report filed on December 20, 2000,
our  wholly-owned  subsidiary,  Fetchomatic.com Online Inc. ("Fetchomatic.com"),
commenced  a  lawsuit on November 24, 2000, against Maurice Simpson, Barbara Ann
Jones  Simpson, Robert Simpson, Brennan Simpson, Robert Matthew Simpson, Novacom
Marketing  Inc.  and Dana Shaw.  On December 11, 2000, each of Novacom Marketing
Inc.  and  the  Simpson Defendants (with the exception of Brennan Simpson) filed
appearances  to  the  lawsuit.  As at the date of this Quarterly Report, we have
not  received  filed  Statements  of  Defence  from  the  defendants.

     On  December  27,  2000, Fetchomatic.com commenced a lawsuit in the Supreme
Court  of  British  Columbia  (Vancouver  Registry  file number S006853), naming
William  F.  Murray  as  a  defendant.  Mr.  Murray  was formerly an officer and
director  of Fetchomatic.com.  The lawsuit alleges, among other things, that Mr.
Murray  breached  certain  fiduciary  and  contractual  duties  that  he owed to
Fetchomatic.  com  by  virtue  of  his  position  as  an  officer  and

<PAGE>

director.  Fetchomatic.com  claims  relief  against  Mr. Murray including, among
other things, damages for breach of contract and breach of fiduciary duty, or an
accounting  and an order for the return of any profits earned by Mr. Murray as a
result  of  the breaches of contract and fiduciary duty and that Fetchomatic.com
validly terminated the Consulting Agreement and the Share Exchange Agreement, as
between Fetchomatic.com and Mr. Murray.  On January 30, 2001, Mr. Murray filed a
Statement  of  Defence,  denying  each  allegation  made by Fetchomatic.com, and
requesting  that  the  action  be  dismissed,  with  punitive  costs  against
Fetchomatic.com.

     On  January 3, 2001, we commenced a lawsuit in the Supreme Court of British
Columbia  (Vancouver Registry file number S010029), naming Maurice Simpson, Dana
Shaw and William F. Murray as defendants.  Mssrs. Simpson and Shaw were formerly
directors  of  our  company,  as  well  as  of Fetchomatic. com.  Mr. Murray was
formerly  an  officer  and  director  of Fetchomatic. com.  The lawsuit alleges,
among  other  things, that the conduct of the defendants with respect to various
Consulting Agreements allegedly entered into by Fetchomatic.com with each of the
defendants was and is unfairly prejudicial and oppressive to us (in light of the
subsequent  Share  Exchange  Agreement between our company and Fetchomatic.com).
In  addition,  the  lawsuit  alleges  that the defendants owed us a duty to make
full,  true  and  plain  disclosure  of  the  terms  of  the  alleged Consulting
Agreements,  in  respect  of  the  consummation  of the Share Exchange Agreement
(which precipitated Fetchomatic.com becoming our wholly-owned subsidiary), which
full,  true and plain disclosure was not made by the defendants.  As a result of
the  misconduct  of the defendants, we voted our shares to remove the defendants
from  their  various  offices  of  Fetchomatic.com.  The  lawsuit  claims relief
including  declarations  regarding  the termination and enforcement of the Share
Exchange  Agreement  and  the alleged Consulting Agreements, and orders that the
defendants  return  any  shares in our capital stock to us for cancellation, and
that  the  defendants compensate us on terms as may be ordered by the Court.  As
at  the  date of this Quarterly Report, we have not received filed Statements of
Defence  from  any  of  the  defendants.

ITEM  2.     CHANGES  IN  SECURITIES.

     On  May  1,  2000,  in  a  private  placement  transaction,  we  issued  7%
convertible  debentures in the aggregate principal amount of $3,500,000, due May
1, 2003, to Collinson Road, LLC.  The debentures may be converted into shares of
our common stock at the option of the holders of such debentures, in whole or in
part  at any time and from time to time.  Any convertible debentures outstanding
on May 1, 2003 automatically convert into shares of our common stock at the then
applicable  conversion price.  On each of the following dates in the most recent
quarter  ended  January  31, 2001, we issued shares of common stock to Collinson
Road  LLC  pursuant  to  conversion  notices  received  from  them:

-     on  November  2,  2000,  we  issued  256,275  common  shares  (42,713
post-consolidation  shares)  to  Collinson  Road  LLC  at  a conversion price of
$0.24167;  and

-     on  January  2,  2001,  we  issued  2,727,484  common  shares  (454,581
post-consolidation shares) to Collinson Road LLC at a conversion price of $0.092
per  common  share.

Following  the  end  of  the quarter, on March 8, 2001, we issued 389,293 common
shares  to  Collinson  Road LLC at a conversion price of $0.136 per common share
and  on March 21, 2001, we issued 121,753 common shares to Collinson Road LLC at
a  conversion  price  of  $0.131  per  share.

     On  November  2,  2000,  we  issued  200,000  common  shares  (33,333
post-consolidation  shares)  to  Kramer  Group LLC, pursuant to the terms of the
Consulting  Agreement  between our company and Kramer Group LLC, dated September
20,  2000.  We  agreed  to  issue  these  common shares to Kramer Group LLC upon
execution  of  the Consulting Agreement, as payment for marketing services to be
performed for our benefit by Kramer Group LLC.  The common shares were issued in
a  transaction  private in nature, and we had reasonable grounds to believe that
Kramer  Group  LLC  was an accredited investor, capable of evaluating the merits
and  risks  of  its  investment  and  that it acquired the shares for investment
purposes.  The shares were issued in reliance on the exemption from registration
available  under  Sections  4(2)  and/or  4(6)  and/or  Rule 506 of Regulation D
promulgated  under  the  Securities  Act  of  1933.

<PAGE>

     On  January  5, 2001, our common stock underwent a reverse stock split on a
1:6  basis  for all of our then issued and outstanding common shares, as well as
with  respect  to our authorized share capital.  Following the reverse split, we
had  9,564,546  common  shares  issued and outstanding, and our authorized share
capital  decreased  to  33,333,334  from  200,000,000  common  shares.

ITEM  3.     DEFAULTS  UPON  SENIOR  SECURITIES.

None.

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

None.

ITEM  5.     OTHER  INFORMATION.

     As noted in our Form 10-QSB Quarterly Report filed on December 20, 2000, on
December  12,  2000,  Dana  Shaw  tendered  his resignation as a director of our
company.  Our Board of Directors accepted Mr. Shaw's resignation on December 12,
2000.

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

Form  8-K  Current  Reports

On  November  9,  2000,  we  filed  a  Current Report on Form 8-K announcing the
following  changes  to the composition of our management and Board of Directors,
which  occurred  on  October  26,  2000:

-     Maurice  Simpson  resigned  as  a  Director  and  as  our  President;
-     Wayne  Loftus  resigned  as  our  Chief  Executive  Officer;  and
-     Gil  Rahier  resigned  as  our  Secretary  and  Treasurer.

By  vote  of  our  Board of Directors, the composition of our management (at the
time  of  the  meeting)  was  as  follows:

-     Wayne  Loftus      Chairman  of  the  Board  of  Directors
-     Jeffrey  Welsh     President  and  Chief  Executive  Officer
-     Lindsay  Lent      Vice  President  -  Marketing,  and  Secretary
-     Kevin  Kosick      Vice  President  -  Business  Development
-     Colin  Fraser      Vice  President  -  Technology
-     Alex  Klenman      Vice  President  -  Communications
-     Chris  Harrington  Treasurer

Following  the  end  of  the  quarter,  on February 13, 2001, we filed a Current
Report  on  Form  8-K, announcing that as at February 1, 2001, Jeffrey Welsh had
resigned  his  positions  as our President and Chief Executive Officer, and that
Lindsay  Lent was appointed as our President on an interim basis, in addition to
his  positions  as  our  Vice  President - Marketing  and  Secretary.

<PAGE>

Exhibits  Required  by  Item  601  of  Regulation  S-B

Exhibit
No.          Description  of  Exhibit

(3)     Articles  of  Incorporation  and  By-laws

     3.1     Articles  of Incorporation (incorporated by reference from our Form
             10-SB  Registration  Statement,  filed  December  9,  1998)

     3.2     Bylaws  (incorporated by reference from our Form 10-SB Registration
             Statement,  filed  December  9,  1998)

     3.3     Amended  Articles  of Incorporation (incorporated by reference from
             our  Form  SB-2/A,  filed  July  27,  2000)

     3.4     Certificate  of  Reverse  Stock  Split,  filed  January  5,  2001

(10)     Material  Contracts

     10.1    Acknowledgment  of  Indebtedness in our favor, by Ted Kozub, dated
             December 11, 2000 (incorporated  by  reference from our Form 10-KSB
             filed on December  13,  2000)
     10.2   Agreement  between  fetchOmatic  Global  Internet Inc. and Shannon
            Dolphin,  dated  December  18,  2000

     10.3   Advertising Exchange Agreement between fetchOmatic Global Internet
            Inc.  and  Popnuvo.com  Inc.,  dated  January  5,  2001

     10.4   Advertising Exchange Agreement between fetchOmatic Global Internet
            Inc.  and  Bidbay.com  Inc.,  dated  December  21,  2000

     10.5   Content  User  Agreement  between fetchOmatic Global Internet Inc.
            and  Lineup  Technologies,  Inc.,  dated  January  8,  2001

(21)        Subsidiaries  of  the  Company:     Fetchomatic.com  Online  Inc.
                                                Forest  Glade  Properties  Inc.

<PAGE>

                                   SIGNATURES

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


     FETCHOMATIC  GLOBAL  INTERNET  INC.

     By:  /s/ Lindsay Lent
          Lindsay  Lent,  President/Secretary/Director
          March 29,  2001

     By:  /s/ Wayne Loftus
          Wayne  Loftus,  Chairman/Director
          March 30,  2001

     By:  /s/ Michael Jenks
          Michael  Jenks,  Director
          March 30,  2001

     By:  /s/ Ted Kozub
          Ted  Kozub,  Director
          March 30,  2001

     By:  /s/ Frank Denis
          Frank  Denis,  Director
          March 30,  2001

     By:  /s/ Gil Rahier
          Gil  Rahier,  Director
          March 30,  2001