<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 September 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.)

   8400 East Prentiss Ave., Suite 1500
   Grenwood Village, Colorado                                    80011
(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 October 28, 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 September 30, 2001 and
        December 31, 2000

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

        Consolidated Statement of Cash Flows for the Nine Months Ended
        September 30,2001 and the period May 18 through
        September 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 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>

                                                                                        September 30,
                                                                                            2001         December 31,
                                                                                         (Unaudited)         2000
                                                                                        -------------    -------------
<S>                                                                                     <C>              <C>
ASSETS

CURRENT ASSETS:
     Cash                                                                               $       3,648    $      66,039
     Trade accounts receivable, net                                                            20,000          115,139
     Inventory                                                                                 20,000           97,161
     Other assets                                                                                 250              --
                                                                                        -------------    -------------
                  Total Current Assets                                                         43,898          278,339

PROPERTY AND EQUIPMENT, net                                                                   146,208          197,863

OTHER ASSETS                                                                                      --            38,150

GOODWILL, net                                                                                     --           176,669
                                                                                        -------------    -------------

                                                                                        $     190,106    $     691,021
                                                                                        =============    =============

                    LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
     Payable, related parties                                                           $         --    $        6,000
     Accounts payable                                                                         594,009          220,849
     Accrued expenses                                                                         141,462          203,154
     Bank note payable                                                                            --           385,000
     Deferred revenue                                                                          23,566           13,202
     Capital lease obligations, current portion                                                34,352           52,242
     Current portion of long-term debt, related party                                         124,928              --
     Current portion of long-term debt,                                                           --             5,727
     Current portion of long-term debt, Time Direct, LLC acquisition                              --            82,267
                                                                                        -------------    -------------

                  Total Current Liabilities                                                   918,317          968,441

DEFERRED RENT                                                                                  31,980           23,667

BANK NOTE PAYABLE                                                                           1,650,000              --

CAPITAL LEASE OBLIGATIONS, net of current portion                                             133,748           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                                                         2,734,045        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)                                                                 (4,742,463)      (2,623,495)
                                                                                        -------------    -------------

                  Total Stockholders' Equity (Deficit)                                     (2,543,938)        (425,171)
                                                                                        -------------    -------------

                                                                                        $     190,106    $     691,021
                                                                                        =============    =============
</Table>

        SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.

<PAGE>   5

                               INTELLIREADY, INC.
                      CONSOLIDATED STATEMENT OF OPERATIONS
                                   (UNAUDITED)

<Table>
<Caption>
                                                      NINE MONTHS      PERIOD FROM
                                                         ENDED         MAY 18 - TO
                                                     SEPTEMBER 30,    SEPTEMBER 30,    THREE MONTHS ENDED SEPTEMBER 30,
                                                          2001            2000              2001               2000
                                                     ------------     ------------      ------------      ------------
<S>                                                  <C>              <C>               <C>               <C>

Other Income                                         $      5,820     $        913      $      5,820      $
                                                     ------------     ------------      ------------      ------------

INCOME (LOSS) FROM CONTINUING OPERATIONS             $      5,820     $        913      $      5,820      $
                                                     ------------     ------------      ------------      ------------

DICONTINUED OPERATIONS:
     Income (loss) from operations of discontinued
         Home Automation Business                      (1,839,994)        (604,468)         (529,031)         (485,842)
     Loss on disposal of Home Automation Business,
         including provsion of $___________ for
         operating losses during phase out period        (284,594)             --           (284,594)              --
                                                     ------------     ------------      ------------      ------------

NET INCOME (LOSS)                                    $ (2,118,768)    $   (603,555)     $   (897,805)      $  (485,842)

                                                     ============     ============      ============      ============


NET (LOSS) PER COMMON SHARE - BASIC                  $      (0.20)    $      (0.06)     $      (0.09)     $      (0.05)
                                                     ============     ============      ============      ============
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   10,488,916       10,383,266        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>
                                                                                          NINE MONTHS      PERIOD FROM
                                                                                             ENDED         MAY 18 - TO
                                                                                          SEPTEMBER 30,    SEPTEMBER 30,
                                                                                              2001             2000
                                                                                         ------------      ------------
<S>                                                                                      <C>               <C>
CASH FLOWS FROM (TO) OPERATING ACTIVITIES:
     Net (loss)                                                                          $ (2,118,768)     $   (603,555)
     Adjustments to reconcile net (loss) to net cash from operat
     activities:
              Write down of assets                                                            284,594               --
              Depreciation and amortization                                                    35,149            11,521
              Stock issued for services                                                           --            125,000
              Contirbuted capital for services                                                    --            131,158
              Changes in assets and liabilities:
                  Accounts receivable                                                          95,139             27,271
                  Inventory                                                                    77,161           (30,258)
                  Other assets                                                                   (250)          (50,289)
                  Accounts payable and accrued expenses                                       305,468          (135,805)
                  Deferred revenue                                                             10,364               --
                  Deferred rent                                                                 8,313               --
                                                                                         ------------      ------------

                        Net Cash (Used) by Operating Activities                            (1,302,830)         (253,347)
                                                                                         ------------      ------------

CASH FLOWS FROM (TO) INVESTING ACTIVITIES:
         Purchase of equipment                                                               (176,261)           (6,739)
         Cash Acquired - acquisition of subsidiary                                                 --            23,275
                                                                                         ------------      ------------

                       Net Cash Provided (Used) by Investing Activities                      (176,261)           16,536
                                                                                         ------------      ------------


CASH FLOWS FROM (TO) FINANCING ACTIVITIES:

         Payment of long-term debt                                                                 --             (2,617)
         Payment of long-term debt, Time Direct, LLC                                           (60,000)          (15,000)
         Payment of Bank Note Payable                                                         (385,000)         (385,000)
         Proceeds capital leases                                                                86,772               --
         Proceeds from related party promissory note                                           124,928               --
         Proceeds bank debt                                                                  1,650,000               --
         Sale of common stock                                                                      --          1,400,248
                                                                                          ------------      ------------

                       Net Cash Provided by Financing Activities                             1,416,700           997,631
                                                                                          ------------      ------------

DECREASE IN CASH                                                                               (62,931)          760,820

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

CASH, end of period                                                                       $      3,648       $   760,820
                                                                                          ============      ============
</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 senior secured 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 10%.  Additionally,
NWH had agreed to fund the Company's operations under a secured line of credit
("LOC") agreement dated February 14, 2001. The terms of this LOC state that the
amounts drawn under the LOC are payable on demand and carry an interest rate of
10%, provided that the interest rate may be adjusted in the event
the prime interest rate increases. The terms also state that continued funding
is at the discretion of NWC, subject to the terms of the LOC.  As of
September 30, 2001, the Company had drawn $124,928 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 this indebtedness
into a two-year note with Compass Bank. The Company borrowed $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.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by NewWest Holdings and its Chairman.  On
October 17, 2001, pursuant to the terms of the bank agreement, NWH paid off
the bank debt of $1,650,000, which the Compamny now owes to NewWest Holdings
This amount was added to the exisiting NWH LOC.

(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 has been a provider of wiring and technology for
entertainment, communications and data networks to residential and
commercial  customers ("Home Automation Business").  While the Company
experienced strong revenues growth in the first half of the year, it could not
generate adequte gross profit margins.  Additionally, the revenues pipeline
dramatically reduced in July and August, 2001.  The Company's plan also
included a roll up of of home automation and related companies.  However,
the Company could not acquire any companies at reasonable purchase prices.
To provide the best opportunity for success, the Company changed its management
team.  However, after the events of September 11, 2001, the Company concluded
that the margins in home electronics would likely not improve.  Given this
and the tight financial markets the Company decided in October 2001
to get out of the Home Automation Business, which presently is a majority of
its business.  The Company intends to the extent possible to sell the assets
of the Home Automation Business.  Assets not sold off will be liquidated.
The Compnay will negotiate with its vendors and other debtors to settle the
amounts owed.

        The Company is refocusing to take the Company in a new direction.
It will be identifying and pursuing various opportunities.

        On August 28, 2001 the Company had previously announced the
completion of its acquisition of JEB Electric, Inc. and JEB Heating
and Cooling, Inc.(collectively "JEB"), pursuant to a Stock Purchase Agreement
entered into on July 10, 2001.  JEB was unable to deliver the shares as
set forth in the Stock Purchase Agreement.  As such, the Stock Purchase
Agreement was rescinded, and the acquisition never closed.


Expected Increases in Employees

         The Company currently has 5 employees.  If the Company is successful
in its acquisition 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.

RESULTS OF OPERATIONS

         While in the Home Automation Business the Company realized significant
revenues growth, but continuously experienced unsatisfactory gross margins
as a result of the constant need to deploy crews to wrap up substantially
completed jobs.  The Company had implemented new processes to improve this
situation in current and future contracts and believes that this would have
minimized the problem.  Additionally, the Company had invested in an
infrastructure to do a roll up in the Home Automation Business.  Because of
market and other conditions, the Company did close on any acquisitions in
2001.  As such, in August 2001, the Company eliminated a number of positions
to right size its SG&A structure.

<PAGE>   9

PART II. OTHER INFORMATION.

Acquisition or Disposition of Assets

         On August 28, 2001 the Company had previously announced the
completion of its acquisition of JEB Electric, Inc. and JEB Heating
and Cooling, Inc. (collectively "JEB"), pursuant to a Stock Purchase Agreement
entered into on July 10, 2001.  JEB was unable to deliver the shares as
set forth in the Stock Purchase Agreement.  As such, the Stock Purchase
Agreement was rescinded, and the acquisition never closed.

Other Events

        The Company has been a provider of wiring and technology for
entertainment, communications and data networks to residential and
commercial  customers ("Home Automation Business").  While the Company
experienced strong revenues growth in the first half of the year, it could not
generate adequate gross profit margins.  Additionally, the revenues pipeline
dramatically reduced in July and August, 2001.  The Company's plan also
included a roll up of home automation and related companies.  However,
the Company could not acquire any companies at reasonable purchase prices.
To provide the best opportunity for success, the Company changed its management
team.  However, after the events of September 11, 2001, the Company concluded
that the margins in home electronics would likely not improve.  Given this
and the tight financial markets the Company decided in October 2001
to get out of the Home Automation Business, which presently is a majority of
its business.  The Company intends to the extent possible to sell the assets
of the Home Automation Business.  Assets not sold off will be liquidated.
The Company will negotiate with its vendors and other debtors to settle the
amounts owed.

        The Company is refocusing to take the Company in a new direction.
It will be identifying and pursuing various opportunities.

        Additionally, the Company was in default on its bank debt, and unable
to make its interest payments which were guaranteed by NewWest Holdings and its
Chairman.  On October 17, 2001, pursuant to the terms of the bank agreement,
NewWest Holdings paid off the bank debt of $1,650,000, which the Company now
owes to NewWest Holdings This amount was added to the exisiting
NewWest Holdings LOC.

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 nine
            month period ended September 30, 2001:

            Current Report on Form 8-K, dated August 28, 2001 disclosing (1)
            under Item 2 that the Company had compltered its acquisiiton of
            JEB Electric, Inc. and JEB Heating and Cooling, Inc. and (2) under
            Item 6 that one of ots direcotrs ahd resigned.


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: October 30, 2001                  /s/ THOMAS J. WIENS
                                       -----------------------------
                                       Thomas J. Wiens
                                       Chairman & Chief Financial Officer
                                       (Principal Financial Officer)