SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549
                               -------------------

                                   FORM 10-QSB

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

(MarkOne)
[X]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE QUARTERLY PERIOD ENDED OCTOBER 31, 2000
[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE TRANSITION PERIOD FROM                  TO              .
                                           -----------------   -------------

Commission File No. 00-22661

                                   INVU, INC.
          (Exact name of small business issuer as specified in charter)

          Colorado                                     84-1135638
--------------------------------------------------------------------------------
(State or other jurisdiction             (IRS Employer Identification No.)
   of incorporation)

The Beren, Blisworth Hill Farm
Stoke Road
Blisworth, Northamptonshire                              NN7 3DB
--------------------------------------------------------------------------------
(Address of principal                                  (Postal Code)
 executive offices)

         Issuer's telephone number, including area code: (01604) 859893


--------------------------------------------------------------------------------
(Former  Name,  Former  Address and Former  Fiscal Year,  if Changed  Since Last
Report)

Indicate by check mark whether the issuer (1) has filed all reports  required to
be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                                                YES    X        NO
                                                    ------         --------

As of December 15, 2000 there were 30,206,896 shares of the common stock, no par
value, of the registrant issued and outstanding.

Transitional Small Business Disclosure Format (check one)

YES               NO    X
    -----------      ----------


<PAGE>


                                   INVU, INC.

                                October 31, 2000

                                      INDEX
<TABLE>
<CAPTION>

                                                                                                                     Page No.

<S>      <C>                                                                                                           <C>

PART I.  FINANCIAL INFORMATION.........................................................................................F-1

         Item 1.  Financial Statements.................................................................................F-1

                  Consolidated Balance Sheets as of October 31, 2000...................................................F-1

                  Consolidated Statements of Operations................................................................F-2

                  Consolidated Statements of Deficit in Stockholders' Equity...........................................F-4

                  Consolidated Statements of Cash Flows................................................................F-6

                  Notes to Financial Statements........................................................................F-7

         Item 2.  Management's Discussion and Analysis or Plan of Operation..............................................1

PART II. OTHER INFORMATION...............................................................................................5

         Item 1.  Legal Proceedings......................................................................................5
         Item 2.  Changes in Securities..................................................................................5
         Item 3.  Default Upon Senior Securities.........................................................................5
         Item 4.  Submission of Matters to a Vote of Security Holders....................................................5
         Item 5.  Other Information......................................................................................5
         Item 6.  Exhibits and Reports on Form 8-K.......................................................................6

SIGNATURES.............................................................................................................S-1
EXHIBIT INDEX..........................................................................................................E-1


</TABLE>








INVU, INC. AND SUBSIDIARIES
(A DEVELOPMENT STAGE ENTERPRISE)

CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>


                                                                               October 31,       January 31,
                                                                                      2000              2000
                                                                               (unaudited)         (audited)
                                                                                         $                 $
<S>                                                                                <C>                <C>

ASSETS

Current assets

Cash                                                                                     -                 -
Accounts receivable:
  Trade, net                                                                       200,889             1,916
  VAT recoverable and other                                                        119,947            22,000
Inventories                                                                         45,623            25,110
Prepaid expenses                                                                    70,441            12,390

                                                                         -------------------------------------
Total current assets                                                               436,900            61,416

Equipment, furniture and fixtures
Computer equipment                                                                  73,465            42,450
Vehicles                                                                           287,767           226,348
Office furniture and fixtures                                                      101,573            31,096

                                                                           ---------------      --------------
                                                                                   462,805           299,894

Less accumulated depreciation                                                      132,869            73,135
                                                                           ---------------      --------------
                                                                                   329,936           226,759
                                                                           ---------------      --------------
                                                                                   766,836           288,175
                                                                           ===============      ==============
LIABILITIES

Current liabilities
Short-term credit facility                                                       1,295,914           413,247
Current maturities of long-term obligations                                      1,957,725         1,074,185
Accounts payable                                                                   552,617           126,204
Accrued liabilities                                                                217,183           198,529

                                                                           ---------------      --------------
Total current liabilities                                                        4,023,439         1,812,165

Long-term obligations, less current maturities                                     217,281           525,777

Deficit in stockholders' equity
Preferred stock, no par value
Authorised - 20,000,000 shares; nil shares issued and outstanding                        -                 -
Common stock, no par value
Authorised - 100,000,000 shares; issued - 30,206,896 shares                        288,355           288,355
Accumulated other comprehensive income                                             180,537             6,844
Accumulated deficit during the development stage                                (3,942,776)       (2,344,966)

                                                                           ----------------     --------------
                                                                                (3,473,884)       (2,049,767)
                                                                           ----------------     --------------
                                                                                   766,836           288,175
                                                                           ================     ==============


</TABLE>

        The accompanying notes are an integral part of these statements.

                                      F-1

<PAGE>


INVU,  INC. AND  SUBSIDIARIES
(A  DEVELOPMENT  STAGE  ENTERPRISE)

CONSOLIDATED STATEMENTS OF OPERATIONS

For the periods ended

<TABLE>
<CAPTION>

                                                                                                                       Feb 18, 1997
                                                 For the three months ended         For the nine months ended   (date of inception)
                                               Oct 31, 2000      Oct 31, 1999      Oct 31, 2000     Oct 31, 1999    to Oct 31, 2000
                                                (unaudited)       (unaudited)       (unaudited)      (unaudited)        (unaudited)
                                                          $                 $                 $                $                  $
<S>                                                <C>                <C>             <C>               <C>               <C>

Revenues                                            220,524             1,794           274,843           21,607            300,836

Expenses:
Production costs                                     42,455             1,142            65,590            9,552            280,748
Distribution costs                                  288,906            58,026           687,245          163,219          1,059,839
Research and development costs                       90,731            20,310           213,333          160,468            600,458
Administrative costs                                313,173           277,287           799,861          586,327          2,108,792
                                              -------------      ------------      ------------      -----------        -----------
                                              -------------      ------------      ------------      -----------        -----------
Total operating expenses                            735,265           356,765         1,766,029          919,566          4,049,837


Operating loss                                     (514,741)         (354,971)       (1,491,186)        (897,959)       (3,749,001)

Other income (expense)
Interest, net                                       (48,513)          (23,220)         (106,624)         (50,537)         (196,138)
Other                                                     -                 -                 -                -             2,363
                                              -------------      -------------     -------------     ------------       -----------
                                              -------------      -------------     -------------     ------------       -----------
Total other income (expense)                       (48,513)           (23,220)         (106,624)         (50,537)         (193,775)

                                              -------------      -------------     -------------     ------------       -----------
                                              -------------      -------------     -------------     ------------       -----------
Loss before income taxes                          (563,254)          (378,191)       (1,597,810)        (948,496)       (3,942,776)


Income taxes                                             -                 -                -                -                   -
                                              -------------      -------------     -------------    ------------       ------------
Net loss                                          (563,254)          (378,191)       (1,597,810)        (948,496)       (3,942,776)
                                              =============      =============     =============    ============       ============


</TABLE>


           The accompanying notes are an integral part of these statements.

                                      F-2

<PAGE>


INVU, INC. AND SUBSIDIARIES
(A DEVELOPMENT STAGE ENTERPRISE)

CONSOLIDATED STATEMENTS OF OPERATIONS (CONTINUED)
<TABLE>
<CAPTION>

                                                                                                                       Feb 18, 1997
                                                For the three months ended         For the nine months ended    (date of inception)
                                              Oct 31, 2000      Oct 31, 1999     Oct 31, 2000      Oct 31, 1999     to Oct 31, 2000
                                               (unaudited)       (unaudited)      (unaudited)       (unaudited)         (unaudited)
                                                         $                 $                $                 $                   $
<S>                                             <C>               <C>              <C>               <C>                  <C>

Weighted average shares outstanding:
Basic and diluted                               30,206,896        30,206,896       30,206,896        30,206,896          30,206,896
                                             =============      ============     ============      ============     ===============

Net loss per common share:
Basic and diluted                                   (0.02)            (0.01)           (0.05)            (0.03)              (0.13)
                                             =============      ============     ============      ============     ===============





</TABLE>




           The accompanying notes are an integral part of these statements.


                                      F-3

<PAGE>


INVU, INC. AND SUBSIDIARIES
(A DEVELOPMENT STAGE ENTERPRISE)

CONSOLIDATED STATEMENT OF DEFICIT IN STOCKHOLDERS' EQUITY
<TABLE>
<CAPTION>


                                                                                               Accumulated
                                                                                                     other
                                                           Common stock         Accumulated  comprehensive             Comprehensive
                                                       Shares         Amount        deficit         income       Total        income
                                                                           $              $              $           $             $
<S>                                               <C>             <C>             <C>                <C>     <C>           <C>

February 18, 1997 (date of inception)                      -              -               -              -           -

Issuance of common stock ($1.64 per share)           176,000        288,640               -              -     288,640

Reclassification of $1.64 common stock              (176,000)     (288,640)               -              -   (288,640)

Issuance of no par common stock in
connection with reverse acquisition               28,696,552        288,355               -              -     288,355

Issuance of common stock ($0.50 per share)         1,510,344        750,000               -              -     750,000

Reverse acquisition transaction costs                      -      (750,000)               -              -   (750,000)

Comprehensive income:
Foreign currency translation adjustment                    -              -               -            440         440           440
Net loss during the period                                 -              -       (217,153)              -   (217,153)     (217,153)
                                                                                                                        ------------
Total comprehensive loss                                                                                                   (216,713)




Balance at January 31, 1998                       30,206,896        288,355       (217,153)            440      71,642

Comprehensive income:
Foreign currency translation adjustment                    -              -               -          8,655       8,655         8,655
Net loss during the year                                   -              -       (694,809)              -   (694,809)     (694,809)
                                                                                                                         -----------
Total comprehensive loss                                                                                                   (686,154)
                                                  -----------     ---------       ---------        -------  ----------   ===========
Balance at January 31, 1999                        30,206,896       288,355       (911,962)          9,095   (614,512)

</TABLE>

                                      F-4
<PAGE>


INVU, INC. AND SUBSIDIARIES
(A DEVELOPMENT STAGE ENTERPRISE)

 CONSOLIDATED STATEMENT OF DEFICIT IN STOCKHOLDERS' EQUITY (CONTINUED)
<TABLE>
<CAPTION>





                                                                                            Accumulated
                                                                                                  other
                                                          Common stock       Accumulated  comprehensive                Comprehensive
                                                        Shares      Amount       deficit         income        Total          income
                                                                         $             $              $            $               $
<S>                                                  <C>            <C>      <C>                <C>      <C>

Comprehensive income:
    Foreign currency translation adjustment                -             -             -        (2,251)      (2,251)         (2,251)
    Net loss during the year                               -             -   (1,433,004)              -  (1,433,004)     (1,433,004)
                                                                                                                       -------------
Total comprehensive loss                                                                                                 (1,435,255)
                                                     ----------    --------  -----------  -------------   -----------  =============
Balance at January 31, 2000                          30,206,896     288,355  (2,344,966)          6,844   (2,049,767)

Comprehensive income:
    Foreign currency translation adjustment                 -              -           -        173,693       173,693        173,693
           (unaudited)
    Net loss during the period (unaudited)                  -              - (1,597,810)              -   (1,597,810)    (1,597,810)
                                                                                                                       -------------
Total comprehensive loss (unaudited)                                                                                     (1,424,117)
                                                     ----------    --------- -----------  --------------  -----------  =============
Balance at October 31, 2000 (unaudited)              30,206,896      288,355 (3,942,776)         180,537  (3,473,884)
                                                     ==========    ========= ===========  ==============  ===========

</TABLE>
                                      F-5

<PAGE>


INVU, INC. AND SUBSIDIARIES
(A DEVELOPMENT STAGE ENTERPRISE)

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the periods ended
<TABLE>
<CAPTION>

                                                                                                     Feb 18, 1997
                                                                For the nine       For the nine          (date of
                                                                months ended        month ended      inception) to
                                                                Oct 31, 2000       Oct 31, 1999      Oct 31, 2000
                                                                 (unaudited)        (unaudited)        (unaudited)
                                                                           $                  $                  $
           <S>                                                   <C>                  <C>              <C>


           Net cash flows used in operating activities
            Net loss during the period                           (1,597,810)          (948,496)        (3,942,776)
            Adjustments to reconcile net loss
            to net cash used in operating activities:
             Depreciation                                             70,200             27,012            154,305
             Accounts receivable                                   (311,819)           (19,274)          (335,561)
             Inventories                                            (24,106)              1,617           (53,538)
             Prepaid expenses                                       (61,807)              9,069           (74,629)
             Accounts payable                                        457,849            121,090            584,711
             Accrued liabilities                                      41,120             22,275            239,991
                                                           -----------------      -------------      -------------
           Net cash used in operating activities                 (1,426,373)          (786,707)        (3,427,497)
                                                           -----------------      -------------      -------------

           Cash flows used in investing activities:

            Acquisitions of property and equipment                 (122,488)                  -          (255,741)
            Disposals of property and equipment                            -             20,347             19,356
                                                           -----------------      -------------      -------------
           Net cash (used)/provided in investing activities        (122,488)             20,347          (236,385)
                                                           -----------------      -------------      -------------

           Cash flows used in financing activities:
             Short-term credit facility                              964,351           (42,606)          1,374,917
             Borrowings received from notes payable                  762,570          1,662,884          3,568,564
             Repayment of borrowings                               (113,175)          (811,795)        (1,469,531)
             Principal payments on capital lease                    (30,934)           (42,123)           (64,168)
             Proceeds from issuance of stock                               -                  -            288,640
                                                           -----------------      -------------      -------------
           Net cash provided by financing activities               1,582,812            766,360          3,698,422
                                                           -----------------      -------------      -------------

           Effect of exchange rate changes on cash                  (33,951)                  -           (34,540)
                                                           -----------------      -------------      -------------
           Net decrease in cash                                            -                  -                  -

           Cash at beginning of period                                     -                  -                  -

                                                           -----------------      -------------       ------------
           Cash at end of period                                           -                  -                  -
                                                           =================      =============       ============

          Supplemental disclosure of
          cash flow information:
          Cash paid during the period for:
           Interest                                                 106,600              50,500            195,800
           Income taxes                                                   -                   -                  -




</TABLE>

           The accompanying notes are an integral part of these statements.

                                      F-6

<PAGE>


           INVU, INC. AND SUBSIDIARIES
           (A DEVELOPMENT STAGE ENTERPRISE)

           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

           The  accompanying  financial  statements  have been prepared  without
           audit  pursuant to the rules and  regulations  of the  Securities and
           Exchange  Commission.  Certain  information and footnote  disclosures
           normally included in financial statements prepared in accordance with
           generally  accepted  accounting  principles  have been  condensed  or
           omitted  pursuant  to such rules and  regulations.  These  statements
           include  all   adjustments,   consisting  only  of  normal  recurring
           accruals,  considered  necessary for a fair presentation of financial
           position and results of operations. The financial statements included
           herein should be read in  conjunction  with the financial  statements
           and  notes  thereto  included  in the  latest  annual  report on Form
           10-KSB.  The  results  of  operations  for the three  and nine  month
           periods ended October 31, 2000 are not necessarily  indicative of the
           results to be expected for the full year.

           note a - COMPANY DESCRIPTION

           INVU,  Inc.  (the Company) is a holding  company  which  operates one
           subsidiary INVU Plc, which is a holding company for two  subsidiaries
           of its own, INVU Services (Services) and INVU International  Holdings
           Limited  (Holdings).  The Company was incorporated  under the laws of
           the State of Colorado,  United States of America,  in February  1997.
           INVU Plc,  Services  and Holdings are  companies  incorporated  under
           English  Law.  The Company  operates in one  industry  segment  which
           includes developing and selling software for electronic management of
           many   types   of   information   and   documents   such  as   forms,
           correspondence,  literature, faxes, technical drawings and electronic
           files.  Services  is the sales,  marketing  and  trading  company and
           Holdings holds the intellectual property rights to the INVU software.
           Although the Company has generated some sales during the period,  the
           management of the Company  continues to devote most of its activities
           to establishing the business.  Therefore, the Company is still in the
           development stage.

           On August 31, 1998, Sunburst Acquisitions I Inc. (Sunburst) (a public
           development stage enterprise)  acquired all of the outstanding shares
           of INVU Plc in  exchange  for  restricted  shares of common  stock of
           Sunburst  (the  Exchange)  pursuant  to a  Share  Exchange  Agreement
           between Sunburst and the principal shareholders of INVU Plc. Sunburst
           exchanged  26,506,552  shares of common  stock for all of INVU  Plc's
           issued  and  outstanding  shares  of  common  stock.  For  accounting
           purposes,  the Exchange was treated as a recapitalization of INVU Plc
           where INVU Plc was the  accounting  acquirer.  All periods  have been
           restated  to  give  effect  to  the  recapitalization.  The  historic
           statements from inception up to the Exchange are those of INVU Plc.

                                      F-7
<PAGE>



           In connection  with the Exchange,  the directors and officers of INVU
           Plc became the  directors  and officers of Sunburst.  Also,  Sunburst
           changed  its name to INVU,  Inc.  At the  time of the  Exchange,  the
           Company issued  1,510,344  shares of Common Stock of the Company to a
           consultant  pursuant to a consulting  agreement for introducing  INVU
           Plc and  Sunburst.  The  shares  were  estimated  to have a value  of
           $750,000 and have been treated as a  transaction  cost in  connection
           with the Exchange.  Immediately after the Exchange, INVU Plc's former
           shareholders owned  approximately 88% of the outstanding common stock
           of Sunburst.

           NOTE B - GOING CONCERN

           The  Company's  liabilities  exceed its assets  and the  Company  has
           incurred  losses from  operations  primarily  as a result of treating
           virtually  all  development   expenses  since  inception  as  current
           operating   expenses.   The  Company  is  not  generating  cash  from
           operations. Operations to date have been funded principally by equity
           capital and  borrowings.  The  Company  plans to continue to fund its
           development  expenses through additional capital raising  activities,
           including one or more offerings of equity and/or debt through private
           placements and/or public offerings. The Company's ability to continue
           to develop its  infrastructure  depends on its ability to raise other
           additional  capital.  The  financial  statements  do not  include any
           adjustment that might result from the outcome of this uncertainty.

           The  Company  is  still  building  its  operational   infrastructure.
           Additional  capital  raised by the Company,  if any, will be used for
           this purpose and to fund its planned launch of operations  within the
           United Kingdom.


                                      F-8

<PAGE>



           NOTE C - INVENTORIES
<TABLE>
<CAPTION>

           Inventories consist of the following:
            <S>                                                                             <C>               <C>

                                                                                            October 31,       January 31,
                                                                                                   2000              2000
                                                                                            (unaudited)         (audited)
                                                                                                      $                 $

            Licensed goods                                                                        9,925            25,110
            Goods for resale                                                                     35,698                 -
                                                                                            -----------       -----------
                                                                                                 45,623            25,110
                                                                                            ===========       ===========
</TABLE>

           Licensed goods represent  software licenses  purchased by the Company
           which  allow the Company to  manufacture  and  distribute  a separate
           company's proprietary software products in conjunction with and as an
           embedded component of the Company's proprietary  software.  Goods for
           resale represent the finished  consolidated product to be sold to the
           end user.

           note D - short-term credit facility

           The  Company  has a  $1,160,000  ((pound)800,000)  (January  31, 2000
           $486,000  ((pound)300,000))  7.5%  (January 31, 2000 10%)  short-term
           credit  facility with an English bank.  The Company's bank has agreed
           to temporary  borrowings in excess of the formal  facility during the
           period to October 31, 2000. The credit facility is  collateralized by
           all assets of the Company and a corporate guarantee given by Vertical
           Investments  Limited, a company in which a non-executive  director of
           this Company has an interest.  The amount drawn  against the facility
           was  $1,295,914  ((pound)893,734)  at  October  31,  2000,  ($413,247
           ((pound)255,091) at January 31, 2000). The amount drawn is payable on
           demand at the bank's discretion.

                                      F-9

<PAGE>



           note E - long-term obligations
<TABLE>
<CAPTION>

           Long-term obligations at October 31, 2000 and January 31, 2000.

                                                                                         October 31,        January 31,
                                                                                                2000               2000
                                                                                         (unaudited)          (audited)
                                                                                                   $                  $
           <S>                                                                               <C>                <C>

           Non-interest bearing, unsecured loans from an individual, no
           stated maturity date                                                              786,653            298,009

           4% above Libor rate (Libor rate was 6.125% and 5.75% at
           October 31, 2000 and January 31, 2000 respectively) notes
           payable to an English bank , monthly payment aggregating to
           (pound)500, maturing in March 2002, collateralized by all assets of the
           Company and a limited personal guarantee by a director                              8,217             22,107

           4% above Libor rate (Libor rate was 6.125% and 5.75% at
           October 31, 2000 and January 31, 2000 respectively) notes
           payable to an English bank, monthly payment aggregating to
           (pound)1,333, maturing in June 2004, collateralized by all assets of the
           Company and unlimited multilateral guarantees between
           subsidiary undertakings; a quarterly loan guarantee premium of
           1 1/2% per annum is payable on 85% of the outstanding balance                      85,066            114,480

           Convertible A Note 1999-2002, with interest at 6%;
           interest due in arrears biannually on January 1 and July 1                        600,000            600,000

           Convertible B Note 1999-2002, bearing interest of 8% per
           annum for the first six months, 9% per annum for the next six
           months and 10% per annum thereafter; interest due in arrears
           biannually on January 1 and July 1                                                400,000            400,000

           Unsecured loan advance from a potential investor repayable on
           demand bearing interest at 3% per annum until September 21, 2000 and
           15% per annum thereafter                                                          100,000                  -

           Capital leases for vehicles, interest ranging from 10.2% - 16.9%
           with maturities through 2004                                                      195,070            165,366

                                                                                   ------------------ ------------------
                                                                                   ------------------ ------------------
                                                                                           2,175,006          1,599,962

           Less current maturities                                                        (1,957,725)        (1,074,185)
                                                                                   ------------------ ------------------
                                                                                             217,281            525,777
                                                                                   ================== ==================


</TABLE>

                                      F-10

<PAGE>


           INVU, INC. AND SUBSIDIARIES
           (A DEVELOPMENT STAGE ENTERPRISE)

           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
<TABLE>
<CAPTION>


           Scheduled maturities of long-term obligation are as follows:

           Period ending October 31,                                                                            $
           <S>                                                                                          <C>

           2001                                                                                         1,957,725
           2002                                                                                            83,457
           2003                                                                                            96,607
           2004                                                                                            37,217

                                                                                                ------------------
                                                                                                        2,175,006
                                                                                                ==================

</TABLE>

          1)   Convertible debentures

          All corporate and individual  investors are minority  shareholders  in
          the Company.

          The A and B Convertible  Notes  1999-2002 are held by individuals  who
          are minority  shareholders in the Company.  They are convertible  into
          common  shares at the rate of one  common  share for every  US$0.65 of
          outstanding  principal  Note  converted for the A Notes and one common
          share for every US$0.50 of  outstanding  principal  Note converted for
          the B Notes. Conversion will take place:-

          i)   immediately prior to an Initial Public Offering

          ii)  at the option of the investors for the B Notes and  automatically
               for the A Notes, upon new equity capital resulting in proceeds to
               the Company of at least $4,000,000

          iii) at the  option  of the  investors  giving  30 days  notice to the
               Company.

          Interest  amounting to $82,167 has been accrued to October 31, 2000 in
          respect of the A and B Convertible Notes.

          Any outstanding principal not converted or redeemed by the anniversary
          date, which was August 16, 2000, will be redeemed at par plus interest
          in the year 2002  upon  receipt  of 30 days  written  notice  from the
          Company or the Investors.

          In   consideration   of  the  Investors   advancing  an  aggregate  of
          $1,000,000,   the  Company  caused  Montague   Limited  the  principal
          shareholder  to transfer,  and register in the name of the  Investors,
          225,000 shares of Common Stock of no par value.

          In view of the  Company's  present  status  with  regard to its equity
          and/or debt  offerings,  it is possible  that the  Convertible A and B
          notes will be converted  within the next twelve  months.  Accordingly,
          the Notes have been disclosed as repayable within current maturities.

                                      F-11

<PAGE>



           2)     Capital leases
<TABLE>
<CAPTION>

           The Company leases vehicles under non-cancellable capitalized leases.

                                                                                   October 31,        January 31,
                                                                                          2000               2000
                                                                                   (unaudited)          (audited)
                                                                                             $                  $
           <S>                                                                         <C>                <C>

           Vehicles                                                                    287,767            226,348
           Less accumulated depreciation                                               (70,244)           (30,958)
                                                                             ------------------ ------------------
                                                                                       217,523            195,390
                                                                             ================== ==================


           Scheduled maturities of minimum lease payments are as follows:

           Period ending October 31,                                                                            $

           2001                                                                                            62,135
           2002                                                                                            76,442
           2003                                                                                            83,689
           2004                                                                                            21,750
           Thereafter                                                                                           -
                                                                                                ------------------
           Total minimum lease payments                                                                   244,016
           Less amount representing interest                                                              (48,946)
                                                                                                ------------------
           Present value of net minimum lease payments                                                    195,070
                                                                                                ------------------

</TABLE>

           The scheduled net minimum lease  payments to maturity are included in
           the long-term obligation table above.

           NOTE F - RELATED PARTY TRANSACTIONS

           Impakt Software  Limited,  a company in which Mr Paul  O'Sullivan,  a
           minority  shareholder  of  the  Company  has  an  interest,  provided
           consultancy  services  amounting  to $52,510 in the period to October
           31, 2000.

           NOTE G - SUBSEQUENT EVENTS

           The  Company has agreed in  principle  to  purchase  the  business of
           'Easi-File' for $145,000  ((pound)100,000)  which comprises the sales
           and marketing rights of the business.  Fully  refundable  payments on
           account for the purchase of $14,500 ((pound)10,000) have been made in
           the period to October 31, 2000 and a further $29,000  ((pound)20,000)
           has been paid since October 31, 2000. The Company expects to complete
           the purchase when sufficient funds are available.

                                      F-12
<PAGE>


Item 2.  Management's Discussion and Analysis or Plan of Operation

         The  following   description  of   "Management's   Plan  of  Operation"
constitutes  forward-looking  statements  for purposes of the  Securities Act of
1933, as amended (" the Securities  Act"),  and the  Securities  Exchange Act of
1934, as amended,  and as such involves known and unknown  risks,  uncertainties
and  other  factors  which  may  cause  the  actual   results,   performance  or
achievements  of INVU,  Inc.,  a Colorado  corporation  (the  "Company"),  to be
materially different from future results,  performance or achievements expressed
or implied by such forward-looking  statements. The words "expect",  "estimate",
"anticipate",  "predict",  "believe",  "plan", "seek", "objective",  and similar
expressions  are  intended to  identify  forward-looking  statements.  Important
factors that could cause the actual  results,  performance or achievement of the
Company  to  differ  materially  from the  Company's  expectations  include  the
following:  (1) one or more  of the  assumptions  or  other  cautionary  factors
discussed in connection with particular  forward-looking statements or elsewhere
in the Company's  Form 10-KSB for the fiscal year ending  January 31, 2000 or in
this Form 10-QSB prove not to be accurate;  (2) the Company is  unsuccessful  in
increasing sales through its anticipated marketing efforts; (3) mistakes in cost
estimates and cost overruns; (4) the Company's inability to obtain financing for
general  operations  including  the  marketing of the  Company's  products;  (5)
non-acceptance  of one or more  products of the Company in the  marketplace  for
whatever  reason;  (6) the  Company's  inability  to supply any  product to meet
market  demand;  (7)  generally  unfavorable  economic  conditions  which  would
adversely effect purchasing  decisions by distributors,  resellers or consumers;
(8) development of a similar competing product at a similar price point; (9) the
inability to successfully integrate one or more acquisitions,  joint ventures or
new  subsidiaries  with the  Company's  operations  (including  the inability to
successfully  integrate  businesses which may be diverse as to type,  geographic
area, or customer base and the diversion of management's attention among several
acquired businesses) without substantial costs, delays, or other problems;  (10)
if the Company  experiences labor and or employment problems such as the loss of
key personnel,  inability to hire and/or retain competent  personnel,  etc.; and
(11) if the Company  experiences  unanticipated  problems  and/or force  majeure
events (including but not limited to accidents,  fires, acts of God etc.), or is
adversely affected by problems of its suppliers,  shippers, customers or others.
All written or oral forward-looking  statements  attributable to the Company are
expressly qualified in their entirety by such factors. The Company undertakes no
obligation   to  publicly   release  the  result  of  any   revisions  to  these
forward-looking  statements which may be made to reflect events or circumstances
after the date  hereof or to reflect the  occurrence  of  unanticipated  events.
Notwithstanding  the foregoing,  the Company is not entitled to rely on the safe
harbor for forward looking  statements under 27A of the Securities Act or 21E of
the Exchange Act as long as the  Company's  stock is classified as a penny stock
within  the  meaning  of Rule  3a51-1  of the  Exchange  Act.  A penny  stock is
generally  defined to be any equity security that has a market price (as defined
in Rule 3a51-1) of less than $5.00 per share, subject to certain exceptions.

         The  following  discussion  should  be read  in  conjunction  with  the
Consolidated Financial Statements, including the notes thereto.

         The Company develops and sells fully scalable software (under the brand
name  INVU) for the  electronic  management  of many  types of  information  and
documents, such as forms, correspondence, literature, faxes, technical drawings,
electronic  files and web pages.  Management  believes that the INVU software is
simple, intuitive, and cost effective, yet powerful.

         The Company's objective is to establish itself as a leading supplier of
information and document  management software and services in the world. For its
professional range of products, INVU Series 100, Series 200 ViewSafe, and Series
2000  (formerly  WEBFAST),  the  Company  is  targeting  small to  medium  sized
enterprises   ("SMEs")  and  departmental  users  in  larger  organizations  via
distributors  and  resellers.  For its personal user (SOHO - small office / home
office  ("SOHO"))  market,  the  Company  targets  software  retailers  for INVU
WebServant and FileServant.

         Throughout  the nine months  ended  October 31,  2000,  the Company has
continued to develop its software  products.  The Company's first product,  INVU
SOLO, was released to distributors in December 1998 and sales to the SOHO market
commenced in January 1999.  Two new products were released to retailers in March
2000. The first,  "WebServant,"  enables web users to quickly and easily build a
personal  library from the internet with a  competitive  price of less than $50.
This product's key features are the simple downloading, storing and organization
of web pages,  thus  enabling  on or off-line  browsing  and fast  retrieval  of
previously stored information. The second product, "FileServant," is a re-launch
of the  original  INVU SOLO  product  with  additional  features  including  the
aforementioned  web  technology.  Both these products are now on sale via retail
outlets,  catalogues  and  e-retailers in the U.K. and a number of major product
promotions  have  generated  increased  sales and,  management  believes,  brand
awareness.

                                       1

<PAGE>

         In November  1999,  management  decided to adopt a value added reseller
(VAR) model for sales of its professional  range in the U.K. The Company is also
pursuing  non-exclusive  distributors  for the  products  in other  territories.
Management  is extremely  encouraged  by the number and quality of the resellers
that have been  recruited  to date to sell the  product.  Each VAR is charged an
initial fee of $1800 to become an accredited  reseller,  with a recurring annual
fee thereafter.  Having recruited 31 resellers by July 31,2000,  the Company has
now  increased the number to 52 at October 31, 2000 and  management  believes it
will  comfortably  exceed its target of 72  accredited  resellers in the U.K. by
January 31, 2001.

         Most  of the  recruited  resellers  now  have a  pipeline  of  end-user
opportunities,  which they are actively pursuing with the involvement of Company
sales personnel. The level of end user inquiries continues to grow exponentially
and these inquiries are now being converted into sales at a steadily  increasing
rate.  Even more  satisfying is the increase in average number of users per sale
and the significant  reduction in time between first contact and order placement
by end users.  Management believes that this reflects the company's brand values
of ease of use, high quality and price performance.

         During the quarter  ended  October 31,  2000,  the Company  received an
order from  Universal  Music,  a member of the global  music,  film and  leisure
group.  The  initial  order  value was  $137,750  for a 500 user  license  of an
enhanced  version of INVU's  professional  Series 200  information  and document
management  software.  INVU's technology  integrates with Universal's JD Edwards
system,  utilizing INVU's unique code free integration technology.  The contract
was won in the face of stiff competition from another potential supplier and was
delivered on time and within  budget.  Subsequent  to the initial  requirements,
Phase two of the project has commenced,  which management  believes will see the
solution  extended to 1500 users.  Plans to develop the project into a web-based
solution will be developed in 2001.

         In addition to Universal,  the Company now has a number of high profile
end user sites  including  Chase  Manhattan  Fleming Bank,  Norweb (a major U.K.
utility company),  British Aerospace,  Lancashire Fire Service, Barclays Life (a
pensions  subsidiary of a U.K.  bank),  Sussex  Police (a large law  enforcement
agency in the south of  U.K.),  Williams  PLC (a major  engineering  group)  and
Siemens Traffic Controls  Systems (a subsidiary of Siemens Group).  In addition,
management's  belief that there are a growing  number of SME companies for which
the INVU range of products  are  ideally  suited has also been  vindicated.  The
Company's sales team is targeting these  enterprises.  Management  believes that
its expanding reseller base will continue to generate steadily  increasing sales
levels during the final quarter of 2000 and forwards into 2001.

         The adoption of the product by the Northampton  Chamber of Commerce for
distribution  to their  member  companies  and to  other  Chambers  of  Commerce
throughout the U.K. has been similarly satisfying. Management expects the impact
of sales  through the Chamber of  Commerce to be  significant.  With 1500 member
companies in the County of Northamptonshire alone and 180,000 member enterprises
throughout the United Kingdom,  this potentially huge sales opportunity is being
very actively pursued. A consortium of VAR's, to work alongside the Chamber,  is
being assembled to help co-ordinate and maximise the opportunity.

         The Company has successfully developed a highly sophisticated code free
integration  tool for use with the INVU  range of  products.  This  allows  INVU
products to be linked to any other  Windows(TM) or Windows(TM)  emulation  based
applications.  For instance,  an INVU scanned image of a supplier invoice can be
retrieved  directly from an accounts  application.  This is achieved without the
need for further software  development,  and gives INVU resellers the ability to
add  considerable  value to the INVU offering without the difficulty and cost of
hiring and managing development programmers.  Management believes that this tool
gives the Company a significant  competitive advantage.  Management believes the
use of this  product for the  Universal  and other  projects  has  significantly
reduced cost and installation timescales.  The Company believes that this unique
product  provides a  significant  competitive  advantage  when compared to other
information and document management technologies.

         INVU Series 2000  (formerly  INVU  WEBFAST)  continues to be developed.
This product will form the basis of later  developments  for Universal and other
potential users.  Management now estimates that this product will be released in
early 2001.

          Company  software   engineers  have  also  successfully   developed  a
prototype  information  management  internet  service.  This  service will allow
advanced   internet   information   management  within  fully  encrypted  secure
databases. Individuals and corporations will be able to store their documents on
an INVU web site and access and update them in real time, via password controls,
from anywhere in the world.  Development  work  continues on this  project,  and
management anticipates a release date early in 2001.

         Throughout  the current  quarter,  management  has continued to develop
relationships  with  potential  investors.  This has  resulted in  proposals  to
provide  additional  funding as described  in  "Financing  Management's  Plan of
Operations."


                                       2

<PAGE>
Results of Operations

         The following is a discussion of the results of operations for the nine
months ended  October 31, 2000,  compared with the nine months ended October 31,
1999,  and changes in  financial  condition  during the nine month  period ended
October 31, 2000.

          The Company  (formerly  Sunburst  Acquisitions  I, Inc.) engaged in no
significant  operations  prior to the Share Exchange  Agreement with INVU PLC on
August 31, 1998.

         Net sales for the nine months  ended  October  31,  2000 were  $274,843
which  compares to $21,607  sales for the nine months ended October 31, 1999. In
addition,  sales with a value of $36,331 have been  deferred to future  periods.
The  Company's  strategy to sell its  professional  range of  products  via VARs
(value  added  resellers)  has proven  successful  with 52 VAR's  contracted  by
October 31, 2000. Sales leads are now being generated from a variety of end user
companies.  Management is also  encouraged by the interest shown in its products
by large  multi-national  companies,  such as  Universal  Music  Group,  British
Aerospace,  and Chase Manhattan  Fleming Bank, with specific  requirements for a
functionally rich product at a very competitive price. The net loss for the nine
months ended October 31, 2000 was $1,597,810, which exceeds the net loss for the
corresponding  period  in 1999 of  $948,496  due to  increases  in  selling  and
distribution  costs of  $524,026,  administrative  costs of $213,534  production
costs of $56,038, research and development costs of $52,865 and interest expense
of $56,087.

         The  significant  increase  in selling  and  distribution  expenditures
reflects the Company's continued investment in personnel and sales and marketing
activities,  including trade shows,  product launch and advertising  costs.  The
position  of Sales  and  Marketing  Director  was  filled  in July 2000 with the
appointment  of Jon  Halestrap,  a  highly  experienced  information  management
professional.  Since his appointment,  the Company has experienced unprecedented
growth in sales  activity  in all  areas,  and  projected  future  revenues  are
increasing month to month.

         As the Company continues to move from development to operational stage,
the administrative  infrastructure has been expanded to cope with the additional
demands placed on the business.  A number of additional  support staff have been
employed, and the Company moved into larger premises in March 2000. Accompanying
this move was an increase in premises and infrastructure costs. In addition, the
emphasis on fundraising to support the Company's  growth  strategy has generated
considerable  fees from the Company's  professional  advisors.  This significant
expense,  however, should be compared to the anticipated inflow of investment in
quarter four 2000.

          Further  technical  support  resources  have been  acquired  to ensure
adequate  testing  of  new  products,  reseller  support,  and  further  product
development   work.   The   Company  has  also   engaged   two  further   senior
programmer/developers   to  fulfill  its  development  plans  for  a  web  based
information  management  solution  and for  further  bespoke  requirements  from
existing and potential large corporate end users. Further additions to technical
personnel are planned in quarter one 2001.

         In the nine month period ended October 31, 2000,  the Company  incurred
net interest  expense of $106,624  compared with net interest expense of $50,537
for the nine month  period  ended  October 31,  1999.  On August 23,  1999,  the
Company raised  $1,000,000 in a private placement of Convertible Notes that bear
interest at rates between 6% and 10%, as described below. These loans and notes,
together with  increased  bank  facilities  and loans,  have resulted in greater
interest payments.

         The tax rates for the periods in question are zero due to a net loss in
each period.

         The total  current  assets of the Company were  $436,900 at October 31,
2000, an increase of $375,484  compared to $61,416 at January 31, 2000.  Working
capital was negative  $3,586,539 as of October 31, 2000,  compared with negative
$1,750,749  as of January  31,  2000.  These  changes  are due to  increases  in
accounts  receivable,   inventories  and  prepaid  expenses,  and  corresponding
additions  to  accounts  payable,  short-term  credit  facilities,  and  current
maturities of long-term liabilities.

         Total  assets of the Company  were  $766,836 at October  31,  2000,  an
increase  of  $478,661  compared  to  $288,175  at  January  31,  2000.  This is
attributable  to increases  in fixed  assets of $103,177  and current  assets of
$375,484.


                                       3
<PAGE>
          The total current  liabilities of the Company  increased by $2,211,274
from  $1,812,165  at January 31, 2000 to  $4,023,439  at October 31,  2000.  The
change in current  liabilities is mainly due to increases in accounts payable of
$426,413,  short-term  credit  facilities of $882,667 and current  maturities of
long-term  obligations of $883,540.  The Company has been  successful in raising
both  short-term  facilities  and long term  funding to bridge  the  intervening
period  prior to the  expected  investments  in  quarter  four  2000.  Long-term
obligations  less current  maturities were $217,281 at October 31, 2000 compared
to $525,777 at January 31, 2000, mainly due to non-interest unsecured loans from
a private investor being classified as current maturities at October 31, 2000.

         Total  stockholders'  equity  decreased by  $1,424,117  during the nine
month period ended  October 31, 2000 from a deficit of $2,049,767 at January 31,
2000 to a deficit of  $3,473,884  at October 31, 2000.  With sales  revenues now
increasing,  management  anticipates  a decline in the growth rate of deficit in
stockholders'  equity and both monthly  profitability  during the second half of
the next  fiscal  year and an overall  profit for the same  period.  The Company
continues to evaluate  various  financing  options,  including  issuing debt and
equity to finance  future  development  and  marketing  of  products  during the
transitional period from now to sales maturity.

                  Financing Management's Plan of Operation

         As of February 2, 1999, the Company had agreed to borrow $656,000 at an
annual interest rate of 8% by way of a secured  short-term loan. In August 1999,
the Company  raised  $1,000,000 by way of a private  placement,  the proceeds of
which were used,  among other things,  to pay off the short-term  loan described
above.  This private  placement is described in the  Company's  Annual Report on
Form 10-KSB for the year ended  January 31, 2000 under "Item 1.  Description  of
Business  -  The  First   Financing   Transaction   and  The  Second   Financing
Transaction." In March 2000, the Company received a non-interest  unsecured loan
of $571,500 from an individual  with no stated  maturity date. In addition,  the
Company had a $486,000,  10% short-term credit facility with an English bank. On
October 27, 2000, this facility was replaced with a $1,160,000,  7.5% short-term
credit facility with another English bank. The amount drawn against the facility
as of October 31, 2000 was $1,295,914. a temporary excess having been granted by
the bank in view of the  advanced  stage of the  fundraising  process  described
here.  This  amount is due for  review in  October  2001 and is  secured  by the
Company's subsidiaries' cross guarantees and a corporate guarantee from Vertical
Investments  Limited,  a company in which  Daniel  Goldman,  a  director,  has a
beneficial interest.

          In May 2000,  the Company and GEM Global  Yield Fund  Limited  ("GEM")
entered into an  agreement  (the "GEM  Agreement")  pursuant to which GEM and an
affiliate  would provide $5 million in financing to the Company,  subject to the
satisfaction of certain  conditions.  In connection with the GEM Agreement,  GEM
Advisors,  Inc. ("GEM Advisors"),  an affiliate of GEM, advanced $100,000 to the
Company  pursuant to a demand note (the "Note").  The Note bears interest at the
rate of 3% prior to demand and 15% after  demand.  The Note provides that if the
Note is not paid after demand, GEM Advisors, among other things, may convert the
Note into shares of Company common stock at the conversion rate of (x) the lower
of $3.00 or 125% of the average  per share  closing  prices for  Company  common
stock for the five (5)  trading  days  immediately  prior to the date demand for
payment of the Note is made or (y) seventy-five  percent (75%) of the average of
the three (3) lowest per share  closing  prices for Company  common stock during
the thirty (30) day period immediately preceding the conversion date. Demand was
made pursuant to the Note on September 21, 2000.

         The  Company is in the process of  conducting  an offering of shares of
Company  common  stock  pursuant to  Regulation  S  promulgated  pursuant to the
Securities  Act, which is scheduled to close on January 15, 2001. The Company is
seeking to raise  approximately  $2 million (prior to expenses).  Any securities
offered  in such  placement  will not be or will have not have  been  registered
under the  Securities  Act,  and thus may not be  offered  or sold in the United
States absent  registration  or an applicable  exemption from such  registration
requirements.  In connection  with this  offering,  the Company has indicated to
prospective  investors of its intent to file a registration  statement under the
Securities  Act with respect to the resale of the shares of Common Stock sold in
the  offering.  The Company  intends to use a portion of the proceeds  from this
offering to fund the remaining $101,500 of the purchase price in connection with
the  acquisition of the sales and marketing  business of Easi-File.  See Part I.
Item I. Note G.

          With  the  current  anticipated  growth  in  sales  combined  with the
continuing control over expenditure,  management now estimates that the proceeds
from this offering, if consummated, would fulfill the Company's capital

                                       4

<PAGE>
requirements (not including  acquisitions) at least until the point at which the
Company  believes  the  Company's  revenue will exceed its expenses on a monthly
basis.  The  Company  may  need to  raise  additional  capital  to  fund  future
acquisitions.  There can,  however,  be no assurance  that this offering will be
consummated or that  additional debt or equity  financing will be available,  if
and when needed,  or that, if available,  such  financing  could be completed on
commercially  favorable terms.  Failure to obtain additional  financing,  if and
when needed,  could have a material  adverse  affect on the Company's  business,
results of  operations  and financial  condition.  Please refer to Note B of the
Consolidated  Financial  Statements in conjunction with this paragraph regarding
the Company's ability to continue as a going concern.

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings.

     There were no legal  proceedings for the quarter ended October 31, 2000 but
reference  is made to Part II. Item 1. of the  Company's  10-QSB for the quarter
ending April 30, 2000.

Item 2.  Changes in Securities.

     None

Item 3.  Default Upon Senior Securities.

     None

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

     None

Item 5.  Other Information.

          In July  2000,  Paul  O'  Sullivan  resigned  as the  Company's  Chief
Technical  Officer  and  as  a  director.   Mr.  O'Sullivan  has  continued  his
relationship  with  the  Company  as a  consultant,  playing  a key  role in the
development of the Company's product for Universal Music Group. See Part I. Item
2.  "Management's  Discussion and Analysis or Plan of  Operation."  Also in July
2000 Jon  Halestrap  was  appointed  Vice  President of Sales and  Marketing and
serves as a director of the Company.  His influence has been  immediate,  and he
has been highly  instrumental in the  establishment and growth of sales revenues
as reflected in the financial statements.

          In May 2000,  the Company and GEM Global  Yield Fund  Limited  ("GEM")
entered into an  agreement  (the "GEM  Agreement")  pursuant to which GEM and an
affiliate  would provide $5 million in financing to the Company,  subject to the
satisfaction of certain  conditions.  In connection with the GEM Agreement,  GEM
Advisors,  Inc. ("GEM Advisors"),  an affiliate of GEM, advanced $100,000 to the
Company  pursuant to a demand note (the "Note").  The Note bears interest at the
rate of 3% prior to demand and 15% after  demand.  The Note provides that if the
Note is not paid after demand, GEM Advisors, among other things, may convert the
Note into shares of Company common stock at the conversion rate of (x) the lower
of $3.00 or 125% of the average  per share  closing  prices for  Company  common
stock for the five (5)  trading  days  immediately  prior to the date demand for
payment of the Note is made or (y) seventy-five  percent (75%) of the average of
the three (3) lowest per share  closing  prices for Company  common stock during
the thirty (30) day period immediately preceding the conversion date. Demand was
made pursuant to the Note on September 21, 2000.

Item 6.  Exhibits and Reports on Form 8-K.

     None

EXHIBITS

10.1     Overdraft Facility,  dated October 19, 2000, by and between the Company
         and the Bank of Scotland  (incorporated by reference to Exhibit 10.1 of
         the  Company's  Quarterly  Report on Form 10-QSB for the quarter  ended
         July 31, 2000).

10.2     Corporate Guarantee,  dated October 18, 2000, by and among the Company,
         Invu Plc, Invu Services Limited,  Invu  International  Holdings Limited
         and the Bank of Scotland  (incorporated by reference to Exhibit 10.2 of
         the  Company's  Quarterly  Report on Form 10-QSB for the quarter  ended
         July 31, 2000).

10.3     Debenture,  dated October 13, 2000,  by and between Invu  International
         Holdings Limited and the Bank of Scotland (incorporated by reference to
         Exhibit 10.3 of the Company's  Quarterly  Report on Form 10-QSB for the
         quarter ended July 31, 2000).

10.17    Demand  Promissory  Note, dated May 1, 2000, by and between the Company
         and GEM Advisors,  Inc.  (incorporated by reference to Exhibit 10.25 of
         the  Company's  Annual  Report on Form 10-KSB for the fiscal year ended
         January 31, 2000).

27*      Financial Data Schedule (Exhibit 27).

*Filed herewith
                                       5
<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the Registrant  has duly caused this Quarterly  Report to be signed on
its behalf by the undersigned thereunto duly authorized.

                                               INVU, INC.
                                               (Issuer)



Date:    December 19, 2000                     By:   /s/ David Morgan
                                                  -----------------------------
                                                  David Morgan,
                                                  President & Chief
                                                  Executive Officer
                                                  (Principal Executive Officer)



Date:     December  19, 2000                   By:  /s/ John Agostini
                                                  -----------------------------
                                                  John Agostini,
                                                  Vice President-Chief Financial
                                                  Officer & Secretary
                                                  (Principal Financial Officer)











                                       6
<PAGE>


                                INDEX TO EXHIBITS

(a)  Exhibits

Exhibit
Number                                      Description of Exhibit

10.1     Overdraft Facility,  dated October 19, 2000, by and between the Company
         and the Bank of Scotland  (incorporated by reference to Exhibit 10.1 of
         the  Company's  Quarterly  Report on Form 10-QSB for the quarter  ended
         July 31, 2000).

10.2     Corporate Guarantee,  dated October 18, 2000, by and among the Company,
         Invu Plc, Invu Services Limited,  Invu  International  Holdings Limited
         and the Bank of Scotland  (incorporated by reference to Exhibit 10.2 of
         the  Company's  Quarterly  Report on Form 10-QSB for the quarter  ended
         July 31, 2000).

10.3     Debenture,  dated October 13, 2000,  by and between Invu  International
         Holdings Limited and the Bank of Scotland (incorporated by reference to
         Exhibit 10.3 of the Company's  Quarterly  Report on Form 10-QSB for the
         quarter ended July 31, 2000).

10.17    Demand  Promissory  Note, dated May 1, 2000, by and between the Company
         and GEM Advisors,  Inc.  (incorporated by reference to Exhibit 10.25 of
         the  Company's  Annual  Report on Form 10-KSB for the fiscal year ended
         January 31, 2000).

27*      Financial Data Schedule (Exhibit 27).

*Filed herewith