<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB

(Mark One)

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

                  For the quarterly period ended June 30, 2001

                                       OR

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

For the transition period from _______ to _______

                         Commission file number: 0-22349

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


         Colorado                                              84-1502078
(State or other jurisdiction of                             (I.R.S. Employer
incorporation or organization)                             Identification No.)

1390 South Potomac, Suite 136 Aurora, Colorado                   80012
  (Address of principal executive offices)                     (Zip Code)

                                 (303) 755-2400
               Registrants' 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 Securities Exchange Act of 1934 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 [ ]


As of August 14, 2001, 10,513,916 shares of the Registrants Common Stock, no par
value, were outstanding.



<PAGE>   2

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

         Cautionary Statement Regarding Forward-Looking Statements. In the
interest of providing the Company's shareholders with certain information
regarding the Company, including management's assessment of the Company's future
plans and operations, certain statements set forth in this Form 10QSB contain or
are based on the Company's projections or estimates of revenue, income, earnings
per share and other financial items or relate to management's future plans and
objectives or to the Company's future economic and financial performance. All
such statements, other than statements of historical fact, contained in this
Form 10QSB in "Item 2: Management's Discussion and Analysis of Financial
Condition and Results of Operations" generally are accompanied by words such as
"anticipate," "believe," "intend," "estimate," "project" or "expect" or similar
statements. Such statements are "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and are made pursuant to and in
reliance on the safe harbor provisions of such sections.

         Although any forward-looking statements contained in this Form 10QSB or
otherwise expressed by or on behalf of the Company are, to the knowledge and in
the judgment of the officers and directors of the Company, reasonable and
expected to prove true, management is not able to predict the future with
certainty and no assurance can be given that such statements will prove correct.
Forward-looking statements involve known and unknown risks and uncertainties
which may cause the Company's actual performance and financial results in future
periods to differ materially from any projection, estimate or forecasted result.
These risks and uncertainties include, among other things: general economic and
business conditions; industry conditions and trends; volatility of prices;
product supply and demand; market competition; risks inherent in the Company's
operations; imprecision of reserve estimates; the Company's ability to replace
and expand its business; the Company's ability to generate sufficient cash flow
from operations to meet its current and future obligations; the Company's
ability to access and terms of external sources of debt and equity capital; such
other risks and uncertainties described from time to time in the Company's
periodic reports and filings with the Securities and Exchange Commission. These
and other risks are described elsewhere in this Form 10QSB and will be described
from time to time in the Company's future filings with the Securities and
Exchange Commission. Accordingly, shareholders and potential investors are
cautioned that certain events or circumstances could cause actual results to
differ materially from those projected, estimated or predicted. In addition,
forward-looking statements are based on management's knowledge and judgment as
of the date of this Form 10QSB, and the Company does not intend to update any
forward-looking statements to reflect events occurring or circumstances existing
hereafter.


<PAGE>   3

                                      INDEX

Part 1. Financial Information

        Item 1. Financial Statements

        Consolidated Balance Sheets as of June 30, 2001 and December 31, 2000

        Consolidated Statement of Operations for the Six Months Ended June 30,
        2001, Three Months Ended June 30, 2001, and the period May 18 through
        June 30, 2000

        Consolidated Statement of Cash Flows for the Six Months Ended June 30,
        2001 and the period May 18 through June 30, 2000

        Notes to Consolidated Financial Statements

Item 2.

        Management's Discussion and Analysis of Financial Condition and Results
        of Operations

Part II. Other Information

        Item 2. Changes in Securities and Use of Proceeds

        Item 5. Other Information

        Item 6. Exhibits and Reports on Form 8-K



<PAGE>   4

Part I. Financial Information

ITEM 1. FINANCIAL STATEMENTS

                               INTELLIREADY, INC.
                           CONSOLIDATED BALANCE SHEETS

<Table>
<Caption>
                                                                                         June 30,
                                                                                            2001         December 31,
                                                                                         (Unaudited)         2000
                                                                                        -------------    -------------
<S>                                                                                     <C>              <C>
ASSETS

CURRENT ASSETS:
     Cash                                                                               $      14,239    $      66,039
     Trade accounts receivable, net                                                           135,610          115,139
     Trade accounts receivable, unbilled                                                       14,558              --
     Inventory                                                                                237,178           97,161
     Other assets                                                                              25,900              --
                                                                                        -------------    -------------

                  Total Current Assets                                                        427,485          278,339

PROPERTY AND EQUIPMENT, net                                                                   330,518          197,863

Other Assets                                                                                   42,288           38,150

GOODWILL, net                                                                                  91,964          176,669
                                                                                        -------------    -------------

                                                                                        $     892,255    $     691,021
                                                                                        =============    =============

                    LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
     Payable, related parties                                                           $      23,443    $       6,000
     Accounts payable                                                                         379,083          220,849
     Accrued expenses                                                                         181,687          203,154
     Bank note payable                                                                           --            385,000
     Deferred revenue                                                                         146,029           13,202
     Capital lease obligations, current portion                                                74,996           52,242
     Current portion of long-term debt                                                           --              5,727
     Current portion of long-term debt, Time Direct, LLC acquisition                             --             82,267
                                                                                        -------------    -------------

                  Total Current Liabilities                                                   805,238          968,441

DEFERRED RENT                                                                                  31,980           23,667

BANK NOTE PAYABLE                                                                           1,650,000             --

CAPITAL LEASE OBLIGATIONS, net of current portion                                             140,284           29,086

LONG-TERM DEBT, net of current portion                                                           --              4,265

LONG TERM DEBT, Time Direct, LLC acquisition, net of current portion                             --             90,733
                                                                                        -------------    -------------

                  Total Liabilities                                                         2,627,502        1,116,192
                                                                                        -------------    -------------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT):
     Preferred stock, no par value, 10,000,000 shares authorized - none
        issued                                                                                   --               --
     Common stock, no par value, 65,000,000 shares authorized -
        10,488,916 shares issued and outstanding                                            2,139,726        2,139,726
     Contributed capital                                                                       58,598           58,598
     Accumulated (deficit)                                                                 (3,933,571)      (2,623,495)
                                                                                        -------------    -------------

                  Total Stockholders' Equity (Deficit)                                     (1,735,247)        (425,171)
                                                                                        -------------    -------------

                                                                                        $     892,255    $     691,021
                                                                                        =============    =============
</Table>

        SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.

<PAGE>   5

                               INTELLIREADY, INC.
                      CONSOLIDATED STATEMENT OF OPERATIONS
                                   (UNAUDITED)


<Table>
<Caption>
                                                                SIX MONTHS       THREE MONTHS
                                                              ENDED JUNE 30,     ENDED JUNE 30,    MAY 8 - JUNE 30
                                                                   2001               2001               2000
                                                              --------------     -------------     ---------------
<S>                                                           <C>                <C>               <C>
REVENUES                                                       $     942,222     $     572,516      $    76,331
                                                               -------------     -------------      -----------

COSTS AND EXPENSES:
     Cost of sales                                                   843,518           510,364           48,266
     Selling, general and administrative                           1,322,869           593,385          133,471
     Depreciation and amortization                                    35,149            24,935            3,259
                                                               -------------     -------------      -----------

                  Total Expenses                                   2,201,536         1,128,685          184,996
                                                               -------------     -------------      -----------

OTHER INCOME AND EXPENSE
     Other income                                                     (3,787)           (3,738)              --
     Other expense                                                     2,589               602               --
     Interest expense                                                 51,960            26,384              617
     Interest expense - related parties                                   --           (10,017)           8,431
                                                               -------------     -------------      -----------

                  Net Other Expense                                   50,762            13,231            9,048
                                                               -------------     -------------      -----------

NET (LOSS)                                                     $  (1,310,076)    $    (569,400)     $  (117,713)
                                                               =============     =============      ===========


NET (LOSS) PER COMMON SHARE - BASIC                            $        (.12)    $        (.05)     $      (.01)
                                                               =============     =============      ===========

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING              10,488,916        10,488,916        9,000,000
                                                               =============     =============      ===========
</Table>


SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.

<PAGE>   6

                               INTELLIREADY, INC.
                      CONSOLIDATED STATEMENT OF CASH FLOWS
                                   (UNAUDITED)

<Table>
<Caption>
                                                                        Six Months            The Period
                                                                      Ended March 31,           May 18,
                                                                           2001              June 30, 2000
                                                                      ---------------        -------------
<S>                                                                   <C>                    <C>
CASH FLOWS FROM (TO) OPERATING ACTIVITIES:
     Net (loss)                                                         $(1,310,076)          $(117,713)
     Adjustments to reconcile net (loss) to net cash from operating
     activities:
              Depreciation and amortization                                  35,149               3,259
              Changes in assets and liabilities:
                  Accounts receivable                                       (20,471)              1,257
                  Accounts receivable, unbilled                             (14,558)                 --
                  Other assets                                              (30,038)             (5,000)
                  Inventory                                                (140,017)                 --
                  Accounts payable and accrued expenses                     113,698             118,471
                  Deferred revenue                                          132,827                  --
                  Deferred rent                                               8,313                  --
                                                                        -----------           ---------

                        Net Cash (Used) by Operating Activities          (1,225,173)                274
                                                                        -----------           ---------

CASH FLOWS FROM (TO) INVESTING ACTIVITIES:
         Purchase of equipment                                              (54,153)                 --
         Cash Acquired - acquisition of subsidiary                               --              23,275
                                                                        -----------           ---------

                       Net Cash Provided (Used) by Investing Activities     (54,153)             23,275
                                                                        -----------           ---------

CASH FLOWS FROM (TO) FINANCING ACTIVITIES:

         Payment of long-term debt                                             (917)               (438)
         Payment of long-term debt, Time Direct, LLC                        (60,000)                 --
         Financing from Bank Note Payable                                 1,265,000                  --
         Proceeds from related party promissory note                         23,443                  --
                                                                        -----------           ---------

                       Net Cash Provided by Financing Activities          1,227,526                (438)
                                                                        -----------           ---------

DECREASE IN CASH                                                            (51,800)             23,111

CASH, beginning of period                                                    66,039                  --
                                                                        -----------           ---------

CASH, end of period                                                     $    14,239           $  23,111
                                                                        ===========           =========
</Table>

        SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.

<PAGE>   7

                               INTELLIREADY, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(1) Basis of Presentation.

The accompanying financial statements have been prepared in accordance with
generally accepted accounting principles for interim financial information and
in accordance with the instructions for Form 10-QSB. Accordingly, they do not
include all of the information and footnotes required by generally accepted
accounting principles for complete financial statements.

The information furnished herein reflects all material adjustments, consisting
only of normal recurring adjustments, which are, in the opinion of management,
necessary for a fair presentation of the financial statements for the period
presented. Interim results are not necessarily indicative of the results of
operations for the full year.

The financial statements and related footnotes should be read in conjunction
with the financial statements and footnotes thereto included in the Company's
annual report on form 10-KSB filed with the Securities and Exchange Commission
for the year ended December 31, 2000.

(2) Notes Payable.

The Company issued a promissory note on February 14, 2001 to New West Holdings,
LLC ("NWH") a related party, due on demand, in the principal amount of $315,000
at an annual interest rate of ten percent (10%). In addition, NWH had agreed to
fund the Company's operations under a line of credit ("LOC") agreement dated
February 14, 2001. The terms of this LOC stated that the amounts drawn under the
line are payable on demand and carry an interest rate of ten percent (10%),
provided that the interest rate may be adjusted in the event the prime interest
rate increased. As of March 31, 2001, the Company had drawn $486,375 on this
LOC. NWH had agreed to fund the Company's operations during 2001 pursuant to the
terms agreed upon in the LOC. Furthermore, on May 4, 2001, the Company's note
payable to Compass Bank in the principle amount of $385,000 became due.

On May 15th 2001, the Company successfully refinanced the above indebtedness
into a two-year note with Compass Bank. The Company can borrow up to $1,650,000
on this note. Upon refinancing, the accrued interest owed to NWH was forgiven
and the Company realized a gain of $10,017 in the second quarter of 2001. We
believe that the Company will derive significant benefit from this refinancing
by establishing traditional credit lines.

(3) Goodwill

        On February 8, 2001 the Company entered into an agreement with Michael
D. Murdock and Yolanda Hoff, the founders of Time Direct, to terminate their
employment, extinguish all obligations between the parties and resolve all past
and present disputes with a mutual, legal release. In the agreement the Company
gave up all rights to the name Time Direct and the Enhanced Living website. The
Company was not using either of those assets and had no intention of doing so in
the foreseeable future. The parties to the agreement are free to contact and
solicit any of our customers; however, Mr. Murdock and Ms. Hoff have agreed not
to solicit for employment any of our current employees except the two employees
who previously worked for Mr. Murdock and Ms. Hoff at Time Direct. We agreed to
transfer two vans that were previously owned by Time Direct and pay $60,000 in
exchange for cancellation of a $200,000 promissory note and two four-year
employment contracts, with base annual salaries of $100,000. The net effect of
this transaction was taken as a write-down to goodwill. These employment
agreements had approximately three and one-fourth (3.25) years remaining and
required us to grant significant stock options to Mr. Murdock and Ms. Hoff. We
maintain rights and obligations to all remaining assets and liabilities
originally acquired in the acquisition of Time Direct. Further, Mr. Murdock and
Ms. Hoff agreed that they are not entitled to any stock or stock options except
for the aggregate 40,000 shares of our stock that they currently own.


<PAGE>   8

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS.

GENERAL

         Plan of Operations

         The Company is a provider of wiring and technology for entertainment,
communications and data networks to residential and commercial customers. Our
product line includes whole house entertainment systems, computer networks, home
theater, telephone systems, security systems, and energy and other control
systems. The Company's business model is to ultimately offer high-speed data,
video and security monitoring services to our customers. By providing these
services to its customers the Company expects to create a recurring stream of
revenue. It is the Company's belief that a recurring revenue stream will result
in a higher valuation for its stock. The Company further believes that cable
companies, Internet service providers, and satellite video providers routinely
enter into reseller agreements with third parties. Therefore, the Company
believes it will be possible to negotiate reseller agreements and strategic
alliances that will allow it to provide these additional services in the near
future. The Company is well positioned to take advantage of the convergence of
cable TV, satellite TV, Internet and telecommunications technologies. The
Company's efforts are designed to take advantage of growth in home networking
and the deregulation of the telecommunications industry caused by the enactment
of the Telecommunications Act of 1996.

         The Company's strategy is to acquire and integrate into its
organization technology and technology-based companies that are focused on
providing services for new home construction and to existing homes. One of the
objectives in acquiring residential system integration companies is to establish
a close relationship with home owners so that the Company may provide high-speed
data, video content, long distance telephone service and security systems
monitoring to the home owner on a recurring monthly bill.

         The Company's marketing strategy is based on its belief that there is
increasing demand by homeowners and builders for homes capable of fully
utilizing 21st century technology and accessing high speed, broadband services.
The majority of homes in the United States are not wired to allow home
networking and effective utilization the high-speed capabilities of broadband
infrastructure. Therefore, the existing wiring in homes restricts access
locations in the home and slows data transmission. The Company refers to this
opportunity as the "last foot" on the information superhighway. With regard to
technology, the Company distributes leading brands of consumer electronics,
installs the equipment and provides on-going support services. The Company
expects to provide bundled digital services to its customers on a monthly
recurring basis in the foreseeable future.

         The Company plans to expand its services within Denver, Colorado and to
make acquisitions in additional areas within the United States that have been
identified as high growth markets areas for the construction of single family
homes and multi-family dwelling units. To that end, the Company has begun
identifying specific opportunities for expansion on a nationwide basis.

         The Company has examined the size and highly fragmented composition of
the residential integration industry and believes there is potential to complete
a series of strategic acquisitions in attractive markets for expansion of the
Company's offering. The Company initially intends to expand its business through
selective, strategic acquisitions of other companies with complementary
businesses, which companies' revenues range from $1 million to $20 million. It
is believed that companies of this size may be receptive to the Company's
acquisition program because they have limited financial and organizational
resources to fully capitalize their company's opportunity for growth and are
attracted to the potential benefits of combining with a public company. It is
believed that companies in this range of revenues may be receptive to the
Company's acquisition program because they are often too small to be identified
by larger public companies as acquisition targets or too small to independently
attempt their own public offering. In particular, the Company intends to focus
its acquisition strategy on candidates which have a proven record of delivering
high-quality installation services, a large customer base of quality builders,
and which could benefit from the Company's anticipated access to sources of
financing as well as the Company's long-term growth strategy.


<PAGE>   9

Product Research and Development

         The Company does not currently expend funds on research and
development. At this time the Company has no plans to incur research and
development costs over the next twelve months.

Purchase and Sale of Plant and Equipment

         The Company intends to increase operations through acquisitions of
existing businesses. If successful, the Company anticipates that its fixed
assets and equipment will significantly increase. The Company will continue to
pursue potential acquisition candidates throughout the next twelve months.

Expected Increases in Employees

         The Company currently has 49 employees. If the Company is successful in
its roll-up strategy it expects to significantly increase the number of
employees over the next twelve months. It is anticipated that most of its labor
needs will be met by existing employees of acquired businesses.


         Due to the fact the Company commenced operations on May 18, 2000, the
following discussion and analysis by its management is prepared for the three
months and six months ended June 30, 2001. A comparison to the same periods in
2000 would not be meaningful.

RESULTS OF OPERATIONS

         During the second quarter, a significant amount of time was spent
completing jobs that began over a year ago. We expect these jobs to be
completed in the third quarter. In the first quarter the Company completed the
wire and trim phase of a large number of custom home projects. In the second
quarter, the Company began to complete the installation of higher margin home
electronics for these projects. However, we experienced several builder delays.
We also continued to implement first quarter initiatives to strengthen our
revenue and gross profit. The benefits from these initiatives resulted in
higher revenues; however, the cost benefits have not yet been fully realized.

Three Months Ended June 30, 2001

      REVENUES.

      Revenues from structured wiring and installation services solutions for
residential customers were $186,407 for the quarter ended June 30, 2001.
Revenues from consumer electronics component sales were $345,185 for the second
quarter of 2001. Revenues from design, engineering, consulting and monitoring
services were $40,924 for the second quarter of 2001.

Total second quarter 2001 revenues of $572,516 represent an increase of 55% over
first quarter 2001 revenues of $369,706.

      COSTS AND EXPENSES.

      Cost of sales was $510,364 for the second quarter, consisting of $217,453
for labor, $282,493 for equipment and materials, and $10,418 for fuel, freight
and delivery. The gross profit and margin on total sales in the second quarter
of 2001 was $62,341 and 11% respectively, as compared to $36,552 and 10% for the
first quarter 2001.

      Selling, general and administrative expenses for the three months ended
June 30, 2001 were $593,385. This represents a 19% decrease over the first
quarter in 2001. As a result of establishing its sales, marketing and management
infrastructure during the last quarter of 2000 and the first quarter of 2001,
salaries and related expenses for the three months ended June 30, 2001 were
substantially greater as a percentage of sales than the Company anticipates in
the future. Salaries and related expenses for the second quarter were $278,303.
The Company had 5 corporate employees and 4 sales and administrative personnel
at June 30, 2001.

      Legal fees for the period ended June 30, 2001 were $101. Accounting fees
were $60,848 and were comprised of temporary accounting services, expenses
associated with the Company's quarterly review and tax filings, and SEC
reporting. Rents were $23,970 for this period. Other selling, general and
administrative expenses for the three months ended June 30, 2001 were $185,523.
This category is primarily comprised of travel and entertainment expenses,
outside consultants, marketing, insurance, office supplies and telephone and
communications expenses.

      The Company has recorded goodwill equivalent to the excess of the cost of
the company acquired over the fair value of their net assets at the date of
acquisition. The Company is amortizing this cost over a ten-year period.
Amortization of goodwill was $2250 for the three months ended June 30, 2001.
Depreciation expense for this period was $______.


<PAGE>   10

         OTHER INCOME/EXPENSE. Interest expense during this period was $16,367,
the majority of which related to capital leases and the bank note.

         CAPITAL EXPENDITURES

         The Company incurred capital expenditures for computer equipment, tools
and vehicles, and other office equipment. Capital expenditures for the six
months ended June 30, 2001, totaled $153,742.

Six Months Ended June 30, 2001

         REVENUES.

         Revenues from structured wiring and installation services solutions for
residential customers were $420,690 for the six months ended June 30, 2001.
Revenues from consumer electronics component sales were $467,867 for the same
period. Revenues from design, engineering, consulting and monitoring services
were $33,876 for the six month ending June 30, 2001.

         COSTS AND EXPENSES.

         Cost of sales was $843,518 for the six months ended June 30, 2001,
consisting of $360,146 for labor, $465,198 for equipment and materials and
$18,174 for fuel, freight and delivery. The gross profit and margin on total
sales was $62,341 and 11% respectively.

         Selling, general and administrative expenses for the six months ended
June 30, 2001 were $1,322,868. As a result of establishing its sales, marketing
and management infrastructure during the last quarter of 2000 and the first
quarter of 2001, salaries and related expenses for the three months ended June
31, 2001 were substantially greater as a percentage of sales than the Company
anticipates in the future. Salaries and related expenses for the six months
ending were $624,745. The Company had 5 corporate employees and 4 sales and
administrative personnel at June 30, 2001.

         Legal fees for the six months ended June 30, 2001 were $34,380.
Accounting fees were $169,785 and were comprised of temporary accounting
services, expenses associated with the Company's quarterly review, and SEC
reporting. Rents were $46,536 for this period. Other selling, general and
administrative expenses for the six months ended June 30, 2001 were $447,422.
This category is primarily comprised of travel and entertainment expenses,
outside consultants, marketing, insurance, office supplies and telephone and
communications expenses.

         The Company has recorded goodwill equivalent to the excess of the cost
of the company acquired over the fair value of their net assets at the date of
acquisition. The Company is amortizing this cost over a ten-year period.
Amortization of goodwill was $5516 for the six months ended June 30, 2001.
Depreciation expense for this period was $29,798.

         OTHER INCOME/EXPENSE. Interest expense during this period was $51,960,
the majority of which related to the bank note and capital leases.

         Cash used in operating activities for the six months ended June 30,
2001 was $51,800. The primary components of cash used were a net loss of
$1,310,076, an increase in accounts receivable, billed and unbilled of $35,029
and an increase in inventories and other assets of $140,017 and $3,971,
respectively. These uses were partially offset by an increase in accounts
payable and accrued expenses of $113,698 and an increase in deferred revenue of
$132,698. Cash used in investing activities was $49,581. Cash provided by
financing activities for the three months ended was $1,226,626, primarily
through a bank note payable.

         CAPITAL EXPENDITURES

         The Company incurred capital expenditures for computer equipment, tools
and vehicles, and other office equipment. Capital expenditures for the six
months ended June 30, 2001, totaled $153,742.


<PAGE>   11

PART II. OTHER INFORMATION.

Item 5.  Other Information

         On March 6, 2001 David I. Rosenthal, resigned as the Company's Chief
Financial Officer. He remained with the Company until April 6, 2001. Thomas J.
Wiens is serving as interim Chief Financial Officer until a replacement for Mr.
Wiens is located.

         On August 7, 2001 the Company's President and CEO Scott Campbell gave
notice of his termination of employment. Scott Campbell alleges that the company
breached his contract, but the Company does not agree. Board member Luke Botica
has been named President and CEO.

         On August 10, 2001, the Company acquired 100% of the outstanding stock
of both JEB Electric, Inc. and JEB Heating and Cooling, Inc. Under the
acquisition agreement, the Company issued to the sellers a non-interest bearing
promissory note of $107,000 due December 20, 2001 and 250,000 stock options
exercisable at $2.00 a share with vesting over a three year period. Upon
obtaining certain working capital requirements, additional notes of up to
$93,000 may be issued to the sellers. The acquired companies had debt of
$466,000, and 32 employees.

Item 6.  Exhibits and Reports on Form 8-K

         (a) Exhibits

            3(i) Articles of Incorporation of the Registrant (Incorporated by
            reference from Registrant's Form 10K-SB, which was previously filed
            on March 30, 2001).

            3(ii) By-Laws of the Registrant (Incorporated by reference from
            Registrant's Form 10K-SB, which was previously filed on March 30,
            2001).

            10(ii) Promissory Note effective February 14, 2001 between
            Registrant and New West Holdings, LLC (Incorporated by reference
            from Registrant's Form 10K-SB, which was previously filed on March
            30, 2001).

            10(iii) Line of Credit effective February 14, 2001 between
            Registrant and New West Holdings, LLC (Incorporated by reference
            from Registrant's Form 10K-SB, which was previously filed on March
            30, 2001).

            10(iv) Lease Agreement on Registrant's primary property
            (Incorporated by reference from Registrant's Form 10K-SB, which was
            previously filed on March 30, 2001).

         (b) Reports on Form 8-K

            The Company filed the following reports on Form 8-K during the six
            month period ended June 31, 2001:

            None

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.

                                       INTELLIREADY, INC.
                                       (Registrant)

Date: August 20, 2001                  /s/ THOMAS J. WIENS
                                       -----------------------------
                                       Thomas J. Wiens
                                       Chairman & Chief Financial Officer
                                       (Principal Financial Officer)