**U.S. 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 June 30, 2000

[ ]      TRANSITION REPORT UNDER SECTION 13 OR
15(d) OF THE

**EXCHANGE ACT**

For the transition period from      to

Commission File No. 000-29585

## 

**EUROSOFT CORPORATION**

(Name of Small Business Issuer in Its Charter)

<TABLE>

|Florida                                                         | 22-3538310                          
|--------------------------------------------------------------- | ------------------------------------
|(State or Other Jurisdiction of

Incorporation or Organization) | (I.R.S. Employer Identification No.)

</TABLE>

703 LUCERNE AVENUE, SUITE 201, LAKE WORTH,
FLORIDA 33460

(Address of Principal Executive Offices)
(Zip Code)

(561)540-5886

(Issuer's Telephone Number, Including Area
Code)

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

State the number of shares outstanding of each of
the issuer's classes of common equity, as of the
latest practicable date: As of August 8, 2000,
the Company had 24,623,320  shares of Common
Stock outstanding, $0.001 par value.

EUROSOFT CORPORATION

Form 10-QSB Quarterly Report

For the Period Ended June 30, 2000

<TABLE>



|Part I - FINANCIAL INFORMATION                                                                 | Page
|---------------------------------------------------------------------------------------------- | ----
|Item 1. Financial Statements                                                                   | 3   
|Consolidated Balance Sheet at December 31,
1999 and June 30, 2000                              | 4   
|Consolidated Statements of Operations and
Comprehensive                                        | 5   
|Income (Loss) for the Six Months Ended June
30, 2000 and June 30, 1999                         |     
|Consolidated Statement of Stockholders'
Equity                                                 | 6   
|Consolidated Statements of Cash Flows for the
Six Months Ended June 30, 2000 and June 30,
1999 | 7-8 
|Notes to Condensed Financial Statements                                                        | 9-11
|Item 2. Management's Discussion and Analysis
of Financial Condition and Results of
Operations  | 12  
|PART II - OTHER INFORMATION                                                                    | 13  
|Item 1. Legal Proceedings                                                                      | 13  
|Item 2. Changes in Securities                                                                  | 13  
|Item 3. Defaults Upon Senior Securities                                                        | 14  
|Item 4. Submission of Matters to a Vote of
Security Holders                                    | 14  
|Item 5. Other Information                                                                      | 14  
|Signatures                                                                                     | 14  

</TABLE>

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements:

BASIS OF PRESENTATION

The accompanying reviewed financial statements
are presented in accordance with generally
accepted accounting principles for interim
financial information and the instructions to
Form 10-QSB and item 310 under subpart A of
Regulation S-B.  Accordingly, they do not include
all of the information and footnotes required by
generally accepted accounting principles for
complete financial statements.  The accompanying
statements should be read in conjunction with the
audited financial statements for the years ended
December 31, 1999.  In the opinion of management,
all adjustments (consisting only of normal
occurring accruals) considered necessary in order
to make the financial statements not misleading,
have been included.  Operating results for the
six months ended June 30, 2000 are not
necessarily indicative of results that may be
expected for the year ending December 31, 2000.
The financial statements are presented on the
accrual basis.

<TABLE>

**Eurosoft Corporation**

**Consolidated Balance Sheets**

December
31,

1999

June 30,

2000(unaudited)CURRENT ASSETSCash
$	66,035

$	90,184Accounts receivable - net of allowance of $46,919
and $0, respectively
192,699

154,838Accounts receivable - related parties
20,532

13,958Accounts receivable - projects in process
170,415

52,526VAT receivable
16,728

0Government grants receivable
60,437

57,402Prepaid expenses and other current assets
7,369

15,830Total current assets
534,215

384,738PROPERTY AND EQUIPMENTAutomobiles
113,202

105,997Computer equipment
113,259

106,568Office furniture and equipment
63,407

59,482Total property and equipment
289,868

272,047Less: accumulated depreciation
(84,341)

(103,724)Total property and equipment
205,527

168,323OTHER ASSETSGoodwill
0

16,618Deposits
1,173

1,129Total other assets
1,173

17,747Total Assets
$	740,915

$	570,808****

**LIABILITIES AND STOCKHOLDERS' EQUITY**CURRENT LIABILITIESAccounts payable
$	174,567

$	165,276Accounts payable - related parties
568

0Accrued salaries and payroll taxes
144,037

181,609Current portion of long-term debt
44,566

47,176Accrued expenses
11,543

3,052Total current liabilities
375,281

397,113LONG-TERM DEBT
33,502

0Total Liabilities
408,783

397,113STOCKHOLDERS' EQUITYPreferred stock, $0.0001 par value, 10,000,000
shares authorized;

0 shares outstanding at December 31, 1999 and
June 30, 2000
0

0Common stock, $0.0001par value, 50,000,000 shares
authorized;
22,963,320 and 25,623,320 outstanding
2,296

2,562Additional paid-in capital
12,679,002

13,595,236Accumulated comprehensive income (loss)
(103,342)

(130,166)Accumulated deficit
(12,245,824)

(13,293,937)Total stockholders' equity
332,132

173,695Total Liabilities and Stockholders' Equity
$	740,915

$	570,808****</TABLE>****

**Eurosoft Corporation**

**Consolidated Statements of Operations and
Comprehensive Income(Loss)**

Six Months Ended June 30,

(Unaudited)

<TABLE>

2000

1999**REVENUES**Software consulting, training, Y2K
repair

$	142,503

$	863,894Software resales, PC hardware sales

143,798

716,233Total revenues

286,301

1,580,127**COST OF SALES**Cost of sales

168,270

551,891Gross margin

286,301

1,028,236**OPERATING EXPENSES**Compensation:Officers

93,050

164,552Others

26,223

113,076Consultants and others

917,617

462,763Advertising and marketing

5,632

10,516General and administrative

92,789

433,200Bad debt provision

0

0Goodwill amortization

282

0Depreciation

25,146

29,653Total operating expenses

1,160,739

1,213,760Operating loss

(874,438)

(185,524)**OTHER INCOME (EXPENSE)**Gain(loss) on sale of equipment

0

(8,073)Interest income

309

228Foreign currency transaction gain
(loss)

(35)

(111)Interest expense

(5,679)

(5,118)Total other income and
expense

(5,405)

(13,074)Net loss before foreign income tax

(879,843)

(198,598)Foreign income tax

0

(9,226)Net loss

(879,843)

(207,824)Other comprehensive income(loss):Foreign currency translation gain
(loss)

(26,824)

(81,342)Net comprehensive loss

$	(906,667)

$	(289,166)Net loss per common share

$

(0.04)

$

(0.01)Weighted average number of shares of
common stock outstanding

23,702,209

22,889,070

**Eurosoft Corporation**

**Consolidated Statement of Stockholders' Equity**

|                                            | Common Stock      |  | Additional |  | Accumulated

Comprehensive |  |                |  | Total               
|------------------------------------------- | ----------------- |  | ---------- |  | -------------------------- |  | -------------- |  | --------------------
|                                            | Number

of Shares |  | Par

Value |  | Paid-in

Capital           |  | Income

(Loss) |  | Accumulated

Deficit
|**BEGINNING BALANCE**,
December 31, 1997    | 4,000,000         |  | $	400      |  | $	49,800                   |  | $	(3,630)      |  | $	(68,034)          
|Year ended December
31, 1998:               |                   |  |            |  |                            |  |                |  |                     
|Shares contributed to
company               | (1,900,000)       |  | (190)      |  | 190                        |  | 0              |  | 0                   
|Shares issued for
services                  | 625,000           |  | 63         |  | 14,937                     |  | 0              |  | 0                   
|Shares issued for
acquisitions              | 19,474,070        |  | 1,947      |  | 11,294,151                 |  | 0              |  | 0                   
|Shares canceled                             | (2,800,000)       |  | (280)      |  | 280                        |  | 0              |  | 0                   
|Shares issued for
cash                      | 3,490,000         |  | 349        |  | 789,651                    |  | 0              |  | 0                   
|Foreign currency
translation gain
(loss)    | 0                 |  | 0          |  | 0                          |  | 5,741          |  | 0                   
|                                            |                   |  |            |  |                            |  |                |  |                     
|Net loss                                    | 0                 |  | 0          |  | 0                          |  | 0              |  | (11,857,899)        
|**BALANCE**, December 31,
1998              | 22,889,070        |  | 2,289      |  | 12,149,009                 |  | 2,111          |  | (11,925,933)        
|Year ended December
31, 1999:               |                   |  |            |  |                            |  |                |  |                     
|Shares issued for
cash                      | 74,250            |  | 7          |  | 529,993                    |  | 0              |  | 0                   
|Foreign currency
translation gain
(loss)    | 0                 |  | 0          |  | 0                          |  | (105,453)      |  | 0                   
|                                            |                   |  |            |  |                            |  |                |  |                     
|Net loss                                    | 0                 |  | 0          |  | 0                          |  | 0              |  | (319,891)           
|**BALANCE**, December 31,
1999              | 22,963,320        |  | 2,296      |  | 12,679,002                 |  | (103,342)      |  | (12,245,824)        
|Six Months ended June
30, 2000: (unaudited) |                   |  |            |  |                            |  |                |  |                     
|Shares issued for
acquisition               | 100,000           |  | 10         |  | 17,490                     |  | 0              |  | 0                   
|Shares issued for
services                  | 2,560,000         |  | 256        |  | 898,744                    |  | 0              |  | 0                   
|Foreign currency
translation gain
(loss)    | 0                 |  | 0          |  | 0                          |  | (26,824)       |  | 0                   
|                                            |                   |  |            |  |                            |  |                |  |                     
|Net loss                                    | 0                 |  | 0          |  | 0                          |  | 0              |  | (1,048,113)         
|**BALANCE,**June 30,
2000 (unaudited)       | 25,623,320        |  | $	2,562    |  | $	13,595,236               |  | $	(130,166)    |  | $	(13,293,937)      

</TABLE>

<TABLE>****

**Eurosoft Corporation**

**Consolidated Statements of Cash Flows**

Six Months Ended June 30,

(Unaudited)

|                                                                             |  | 2000          |  | 1999       
|---------------------------------------------------------------------------- |  | ------------- |  | -----------
|**CASH FLOWS FROM OPERATING ACTIVITIES:**                                    |  |               |  |            
|Net loss                                                                     |  | $	(1,048,113) |  | $	(207,824)
|Adjustments to reconcile net loss to
net cash used by operating

activities: |  |               |  |            
|Depreciation                                                                 |  | 25,146        |  | 29,653     
|Goodwill amortization                                                        |  | 282           |  | 0          
|Common stock issued for services                                             |  | 899,000       |  | 0          
|Loss on sale of property and
equipment                                       |  | 0             |  | 8,073      
|Changes in operating assets and
liabilities:                                 |  |               |  |            
|(Increase) decrease in accounts
receivable                                   |  | 84,780        |  | (61,139)   
|(Increase) decrease in accounts
receivable - related parties                 |  | 6,574         |  | 3,098      
|(Increase) decrease in accounts
receivable - projects in process             |  | 117,889       |  | 141,272    
|(Increase) decrease in deposits                                              |  | 0             |  | 3,739      
|(Increase) decrease in VAT
receivable                                        |  | 16,728        |  | (7,119)    
|(Increase) decrease in government
grants receivable                          |  | 3,035         |  | (105,840)  
|(Increase) decrease in prepaid
expenses and other assets                     |  | (8,461)       |  | 37,984     
|Increase (decrease) in accounts
payable                                      |  | (9,291)       |  | 10,478     
|Increase (decrease) in accounts
payable - related parties                    |  | (568)         |  | (32,495)   
|Increase (decrease) in accrued
expense                                       |  | (11,543)      |  | (44,505)   
|Increase (decrease) in accrued
salaries and payroll taxes                    |  | 37,572        |  | 53,664     
|Increase (decrease) in deferred
revenue                                      |  | 0             |  | (6,238)    
|                                                                             |  |               |  |            
|Net cash  provided (used) by operating
activities                            |  | 113,030       |  | (177,199)  
|                                                                             |  |               |  |            
|**CASH FLOWS FROM INVESTING ACTIVITIES:**                                    |  |               |  |            
|Acquisition of property and
equipment                                        |  | 0             |  | (18,673)   
|                                                                             |  |               |  |            
|Net cash (used) by investing activities                                      |  | 0             |  | (18,673)   
|                                                                             |  |               |  |            
|**CASH FLOWS FROM FINANCING ACTIVITIES:**                                    |  |               |  |            
|Issuance of common stock for cash                                            |  | 0             |  | 327,500    
|Repayment of debt                                                            |  | (30,892)      |  | (22,860)   
|                                                                             |  |               |  |            
|Net cash provided (used) by financing
activities                             |  | (30,892)      |  | 304,640    
|                                                                             |  |               |  |            
|Effect of exchange rates on cash                                             |  | (57,989)      |  | (29,653)   
|                                                                             |  |               |  |            
|Net increase (decrease) in cash and
equivalents                              |  | 24,149        |  | 79,115     
|                                                                             |  |               |  |            
|**CASH**and equivalents, beginning of
period                                 |  | 66,035        |  | 167,518    
|                                                                             |  |               |  |            
|**CASH** and equivalents, end of period                                      |  | $	90,184      |  | $	246,633  
|                                                                             |  |               |  |            
|**SUPPLEMENTAL DISCLOSURE OF CASH FLOW**

**INFORMATION:**                   |  |               |  |            
|Interest paid in cash                                                        |  | $	5,679       |  | $	5,118    
|Non-Cash Financing Activities:                                               |  |               |  |            
|Acquisition of subsidiary                                                    |  | $	17,500      |  | $	0        

****</TABLE>****

**Eurosoft Corporation**

**Notes to Consolidated  Financial Statements**

(Information with respect to the six months ended
June 30, 2000 and 1999 is unaudited)

**(1)  Summary of Significant Accounting Principles**

******The Company**  Eurosoft Corporation (the
Company) is a Florida  corporation
specializing in computer software consulting,
training and Y2K repair. The Company also
acts as a computer software reseller as well
as constructs PCs on a custom order basis.
The Company maintains its executive offices
in Lake Worth, Florida and has operating
subsidiaries in Londonderry, Northern
Ireland, Helsinki, Finland, and Darmstadt,
Germany.  The Company was incorporated on
September 15, 1997, under the laws of the
State of Florida.



The consolidated financial statements have
been prepared in conformity with generally
accepted accounting  principles.  The
following summarize the more significant
accounting and reporting policies and
practices of the Company:

**a) Basis of presentation** The Company acquired
NewSoft, GmbH, a German corporation,  Do It
Development International, OY, a Finnish
corporation, Millennium Three Solutions, Ltd,
a Northern Ireland Corporation, and Sicor,
Inc. a Florida corporation, in stock for
stock transactions, in a multiple reverse
merger accounted for as a reorganization of
the four operating subsidiaries.  In May
2000, the Company acquired Amenity Zone,
Inc., a Florida corporation, in a stock for
stock transaction accounted for as a
purchase.  The consolidated financial
statements include the accounts of Newsoft,
Do It, Millennium Three, Sicor and Amenity
Zone, its wholly owned subsidiaries. Inter-company accounts and transactions have been
eliminated in the consolidation.

**b) Revenue recognition**  For the Company's
software consulting, training and Y2K repair
operations, the Company records revenue  as
the project proceeds on a billed as earned
basis. For the software reselling and custom
PC construction operations, the Company
records revenue when the goods are delivered
and accepted by the customer.

**c) Use of estimates**  In preparing the
consolidated financial statements, management
is required to make estimates and assumptions
that affect the reported amounts of assets
and liabilities as of the date of the
statements of financial condition, and
revenues and expenses for the year then
ended. Actual results may differ
significantly from those estimates.



**d) Net loss per common share** Basic net loss
per common share is computed by dividing the
net loss by the weighted average number of
common shares outstanding during the period.

******e) Property and equipment** All property and
equipment are recorded at cost and
depreciated over their estimated useful
lives, using the straight-line method.  Upon
sale or retirement, the costs and related
accumulated depreciation are eliminated from
their respective accounts, and the resulting
gain or loss is included in the results of
operations.  Repairs and maintenance charges
which do not increase the useful lives of the
assets are charged to operations as incurred.

**f) Advertising costs**The company expenses the
costs of advertising the first time the
advertising takes place.

**g) Interim financial information** The
financial statements for the six months ended
June 30, 2000 and 1999 are unaudited and
include all adjustments which in the opinion
of management are necessary for fair
presentation, and such adjustments are of a
normal and recurring nature. The results for
the six months are not indicative of a full
year results.

**Eurosoft Corporation**

**Notes to Consolidated  Financial Statements**

**(2) Significant Acquisitions** The Company acquired
100% of the issued and outstanding common
stock of Newsoft, in exchange for 550,000
shares of common stock of the Company,
500,000 shares of common stock of Sicor,
which became 1,000,000 shares of the Company,
and a $300,000 cash investment in Newsoft.
The Company acquired 100% of the issued and
outstanding stock of Do It in exchange for
1,000,000 shares of common stock of the
Company, and $100,000 in cash.  The Company
acquired 100% of the issued and outstanding
common stock of Millennium Three in exchange
for 4,000,000 shares of common stock of the
Company and a $500,000 cash investment in
Millennium Three.  The Company acquired 100%
of the issued and outstanding common stock of
Sicor in exchange for 25,922,070 shares of
common stock of the Company. The acquisitions
were a multiple reverse merger accounted for
as a reorganization of the four operating
subsidiaries.  In May 2000, the Company
issued 100,000 shares of common stock to
acquire Amenity Zone in exchange for 100% of
its issued and outstanding common stock.
This transaction was accounted for as a
purchase.  As a result, the Company recorded
goodwill in the amount of $16,900, which the
Company is amortizing over five years.  The
Company recorded $282 of amortization at June
30, 2000.

**(3) Stockholders' Equity** The Company has
authorized 50,000,000 shares of $0.0001 par
value common stock and 10,000,000 shares of
$0.0001 par value preferred stock.  Rights
and privileges of the preferred stock are to
be determined by the Board of Directors prior
to issuance.  At inception, the Company
issued 2,000,000 shares to the founders for
services valued at par. In 1997 the Company
issued 2,000,000 shares in exchange for
$50,000 in cash. In 1998 the Company issued
625,000 shares for services valued at
$15,625. In 1998 the Company issued 3,490,000
shares for $790,000 in cash. In 1998 the
Company issued 550,000 shares in connection
with the acquisition of Newsoft, 1,000,000
shares for Do It, 4,000,000 for Millennium
Three, and 19,472,070 for Sicor. 1,900,000
shares were contributed back to the Company
and 2,800,000 shares previously owned by
Sicor were retired at acquisition date.  In
1999, the Company issued 74,250 shares in
exchange for $530,000 in cash.  In May 2000,
the Company issued 100,000 shares of common
stock to acquire 100% of the issued and
outstanding common stock of Amenity Zone.  In
May 2000, under S-8 registration, the Company
issued 60,000 shares of common stock to
settle a legal bill in the amount of $24,000
and 2,500,000 shares of common stock for
services valued at $875,000.

**(4) Income Taxes**  The Company has a consolidated
net operating loss carryforward for US income
tax purposes, amounting to $13,294,000 at
June 30, 1999, expiring $68,000 at December
31, 2014, $11,858,000 at December 31, 2018,
$320,000 at December 31, 2019 and $1,048,000
at December 31, 2020.  There may be certain
limitations on the Company's ability to
utilize the loss carry-forwards due to the
change in control of the subsidiaries where
the losses were incurred.  At December 31,
1999, the Company had approximately $60,300
in operating loss carryforward for Finnish
income tax purpose, $118,700 in Northen
Ireland, and $5,700 in Germany. At June 30,
1999, the Company has a deferred U.S. tax
asset of approximately $5,318,000, for which
the Company has established a 100% valuation
allowance, as the Company has no history of
profitable operations.

**(5) Commitments and Contingencies**  The Company is
committed to operating leases in Northern
Ireland, Germany and Finland. Under the
exchange rates in effect at December 31,
1999, the Company is obligated to lease
payments totaling  $71,300 in 2000, $20,500
in 2001, $4,100 in 2002, $1,000 in 2003 and
$0 thereafter, for an aggregate commitment of
$96,900. The Company's office space in the US
and Finland are leased under month to month
lease agreements.

The Company is also obligated under two
employment agreements with an officer and
another employee for $72,700 and $56,600 per
year at exchange rates in effect at December
31, 1999, for a total remaining commitment at
December 31, 1999 of $258,600.

******Eurosoft Corporation**

**Notes to Consolidated Financial Statements**

**(6) Advertising and Marketing**  In 1998, the Company
undertook a very extensive and expensive
advertising and marketing campaign with the
expectation of generating substantial revenue
from Y2K consulting and repair. This campaign
failed to generate any material revenues or
contracts beyond that which the Company's
existing personnel were able to generate from
their personal efforts. The Company expended
approximately $10.5 million on this campaign.

**(7) VAT Tax Receivable**   In Germany, Finland and
Northern Ireland, as in many other countries,
the government charges a Value Added Tax,
(VAT), that is similar in nature to sales tax
in the U.S.  There are three major
differences.  First is that VAT is charged at
each point of sale.  Second is that there are
no exemptions from the collection of VAT.
Finally, each company files a VAT return with
the government monthly reflecting the gross
VAT collected and VAT paid.  If the VAT paid
is greater than the amount collected, the
Company receives a refund from the government
approximately two to five months later.

**(8) Going Concern**  As reflected in the accompanying
financial statements, the Company incurred a
significant net loss of approximately
$11,858,000 in 1998, and $320,000 in 1999,
resulting in an accumulated deficit of
approximately $12,092,000 at December 31,
1999. The ability of the Company to continue
as a going concern is dependent upon achieving
profitability in its ongoing operations and
potentially obtaining additional capital
and/or financing. The Company is currently
seeking to raise additional equity in order to
expand its existing operations. The financial
statements do not include any adjustments that
might be necessary if the Company is unable to
continue as a going concern.

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





Forward-Looking Statements

Forward-looking statements, based on management's
current views and assumptions, are made throughout
the Management's Discussion and Analysis and
elsewhere in this report to stockholders. These
statements are subject to certain risks and
uncertainties that could cause actual results to
differ materially from historical results and those
presently anticipated or projected. Among the
factors that may affect operating results are the
following: success of the Company's change in
focus; competitive environment; and general
economic conditions.

Results of Operations:

The Company achieved limited revenues for the six
months ended June 30, 2000 of $286,301 compared to
$1,580,127 for the six months ended June 30, 1999.
The Company's core competencies as an IT services
provider/software provider and management
consulting firm provided the majority of the
revenue for the six month period ended June 30,
2000.   The decrease in revenues was a result of
the Company redefining its initiatives after
leaving the disappointing Y2K remediation business
behind.  The Company's operating expenses decreased
nominally for the six month period ending June 30,
2000 ($1,160,739) from the six month period ending
June 30, 1999 ($1,213,760).  This was based on the
following factors: (i) The Company's general and
administrative expenses decreased from $433,200
(for period ending June 30, 1999) to $92,789 (for
period ending June 30, 2000) due to a nominal
amount of expenses for Y2K remediation work; (ii)
The Company's operating expenses for consultants
increased from $462,763 (for period ending June 30,
1999) to $917,617 (for period ending June 30, 2000)
due to the Company hiring additional consultants to
reinvent itself and increase its competencies in IT
and management consulting; (iii) The Company's
expenses for Officers and others decreased from
$277,628 (for period ending June 30, 1999) to
$119,273 (for period ending June 30, 2000) based on
a decrease in Y2K remediation work.  The above
increases and decreases basically offset each
other.  Therefore, this resulted in a nominal
decrease in operating expenses for the Company
during the six month period ending June 30, 2000
from the six month period ending June 30, 1999.

Liquidity:

Net cash provided (used) by operating activities
increased from ($177,199) for the six month period
ending June 30, 1999 to $113,030 for the six month
period ending June 30, 2000.  This was due mainly
to the Company issuing its common stock for
services rendered

Future Outlook:

The Company intends to reinvent itself over the
next several months through a modification in
business plan. The Company will continue in its
core competencies, IT and management consulting,
but begin a new marketing initiative, which will
allow the Company to tap into new revenue streams.
The Company will launch this initiative sometime in
the fiscal third quarter of 2000. The primary basis
is to capitalize on the Company's broad global
diversity and technology skills. The initiative
will be an offering of services to aid businesses
in the development of their foreign markets in an
efficient and affordable scale. US Companies will
be able to launch German based commerce sites for
less than $2,000. The Company also has premium
products developed for this market, as well as the
planned addition of Swedish and Finnish before
year-end and Spanish, French and Italian during
Fiscal 2001. The Company's marketing strategy will
initially seek a partnership with a US based
Internet marketing firm and will expand as
resources allow.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.  Not applicable

Item 2. Changes in Securities.

On June 2, 2000, the Company issued the
following shares under an S-8 Registration
Statement:

Richard I. Anslow- 50,000 shares

Gregg E. Jaclin- 10,000 shares



On June 16, 2000, the Company issued the
following shares under an S-8 Registration
Statement:

Darin S. Reubel-100,000 shares

Mark A. Mintmire-300,000 shares

Donald F. Mintmire-700,000 shares

Item 3. Defaults Upon Senior Securities.  Not
Applicable

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

None.

Item 5. Other Information. None

Item 6. Exhibits and Reports of Form 8-K. On May
10, 2000, the Company filed an 8-K12g3 for the
Stock Acquisition and Reorganization Agreement
between the Company and Amenity Zone, Inc.
("Amenity) dated May 8, 2000.

Exhibit 27 - Financial Date Schedule - Electronic
Filing Only

******SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d)
of the Securities Exchange Act of 1934, the
Registrant has duly caused this 10-QSB report to be
signed on its behalf by the undersigned there unto
duly authorized.

**EUROSOFT CORPORATION**

(Registrant)

By: /s/ William H. Luckman

-----------------------

William H. Luckman

Executive Vice President

Date: August 16, 2000