UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB


(Mark one)
   XX            QUARTERLY  REPORT  UNDER  SECTION 13 OR 15(d) OF THE SECURITIES
----------       EXCHANGE ACT OF 1934


                      For the quarterly period ended December 31, 1999

                 TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
----------       OF 1934

                      For the transition period from ____________ to ___________



                       Commission File Number: 33-40848-A
                                               ----------

                        WorldWideWeb Institute.com, Inc.
        (Exact name of small business issuer as specified in its charter)

         Florida                                          65-0260247
------------------------                            ----------------------
(State of incorporation)                            (IRS Employer ID Number)

                 6245 N. W. 9th Avenue, Ft. Lauderdale FL 33309
                 ----------------------------------------------
                    (Address of principal executive offices)

                                 (954) 776-8444
                           ---------------------------
                           (Issuer's telephone number)




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

State the number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date: February 14, 2000: 9,588,250

Transitional Small Business Disclosure Format (check one):    YES    NO X
                                                                  --    --


<PAGE>









                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

               Form 10-QSB for the Quarter ended December 31, 1999

                                Table of Contents


                                                                       Page
                                                                       ----
Part I - Financial Information

  Item 1 Financial Statements                                            3

  Item 2 Management's Discussion and Analysis or Plan of Operation      15


Part II - Other Information

  Item 1 Legal Proceedings                                              17

  Item 2 Changes in Securities                                          17

  Item 3 Defaults Upon Senior Securities                                18

  Item 4 Submission of Matters to a Vote of Security Holders            18

  Item 5 Other Information                                              18

  Item 6 Exhibits and Reports on Form 8-K                               18


Signatures                                                              18



                                                                               2

<PAGE>

Part 1 - Item 1 - Financial Statements

                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)
                                 Balance Sheets
                           December 31, 1999 and 1998

                                   (Unaudited)
                                   -----------

                                                         1999           1998
                                                     -----------    -----------
                                     ASSETS
                                     ------
Current Assets
   Cash on hand and in bank                          $   189,452    $   100,193
   Accounts receivable, net of allowance for
      doubtful accounts of $-0-, respectively
         Trade                                            66,576           --
         Other                                            17,250           --
   Prepaid and other expenses                             15,221
   Due from related parties                            1,429,378         11,512
   Due from unrelated entities                           200,000           --

      Total current assets                             1,917,877        111,705
                                                     -----------    -----------


Property and equipment - at cost
   Computer equipment                                    537,538        101,269
   Other                                                 183,890         37,322
                                                     -----------    -----------
                                                         721,428        138,591
   Accumulated depreciation                             (122,870)        (8,175)
                                                     -----------    -----------

      Net property and equipment                         598,558        130,416
                                                     -----------    -----------


Other Assets
   Investments in other entities                       1,508,872           --
   Other                                                   5,014         22,223
                                                     -----------    -----------

      Total other assets                               1,513,886         22,223
                                                     -----------    -----------

Total Assets                                         $ 4,030,321    $   264,344
                                                     ===========    ===========

                                  - Continued -



The financial  information  presented  herein has been  prepared  by  management
  without audit by independent certified public accountants.
                                                                               3

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)
                           Balance Sheets - Continued
                           December 31, 1999 and 1998

                                   (Unaudited)
                                   -----------

                                                         1999           1998
                                                    ------------   ------------

                      LIABILITIES AND SHAREHOLDERS' EQUITY
                      ------------------------------------
Current Liabilities
   Current maturities of capital lease payable      $       --     $      2,699
   Accounts payable - trade                               38,289         17,498
   Other accrued liabilities                             637,598         36,676
   Income taxes payable                                  187,293            141
   Deferred revenues                                     142,518           --
   Due to officer/shareholder                            322,812        472,500
                                                    ------------   ------------

      Total current liabilities                        1,328,510        529,514
                                                    ------------   ------------


Commitments and Contingencies


Shareholders' Equity
   Common stock - $0.00001 par value.  50,000,000
      shares authorized.  9,212,250 and 5,716,250
      issued and outstanding, respectively                    92             57
   Additional paid-in capital                          3,203,709        947,586
   Accumulated deficit                                  (501,090)    (1,211,913)
                                                    ------------   ------------
                                                       2,702,711       (264,270)
   Stock subscription receivable                            (900)          (900)
                                                    ------------   ------------

      Total shareholders' equity                       2,701,811       (265,170)
                                                    ------------   ------------

Total Liabilities and Shareholders' Equity          $  4,030,321   $    264,344
                                                    ============   ============





The financial  information  presented  herein has been  prepared  by  management
  without audit by independent certified public accountants.
                                                                               4

<PAGE>

<TABLE>

<CAPTION>

                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)
                   Statements of Operations and Comprehensive
          Income Nine and Three months ended December 31, 1999 and 1998

                                                     (Unaudited)

                                         Nine months    Nine months    Three months   Three months
                                            ended          ended          ended          ended
                                         December 31,   December 31,   December 31,   December 31,
                                             1999           1998           1999           1998
                                         -----------    -----------    -----------    -----------
<S>                                      <C>            <C>            <C>            <C>
Revenues                                 $ 6,083,581    $ 1,598,694    $ 1,774,291    $   939,557

Cost of Sales                              1,012,146        133,787        296,102        100,809
                                         -----------    -----------    -----------    -----------

Gross Profit                               5,071,435      1,464,907      1,478,188        838,748
                                         -----------    -----------    -----------    -----------

Operating Expenses
   Selling                                 2,321,617        806,015        684,333        502,098
   General and administrative expenses     2,362,452        665,048        884,795        304,601
   Depreciation                               30,294          8,175         (2,399)          --
                                         -----------    -----------    -----------    -----------
      Total operating expenses             4,714,363      1,479,238      1,566,729        806,699
                                         -----------    -----------    -----------    -----------

Income (loss) from operations                357,072        (14,331)       (88,541)        32,049

Other income (expense)
   Litigation settlement                     (20,000)          --             --             --
   Forgiveness of accrued
      compensation under
      employment agreement                   550,000           --             --             --
                                         -----------    -----------    -----------    -----------

Net Income (Loss)
   before Income Taxes                       887,072        (14,331)       (88,541)        32,049

Income tax provision                         179,363           --         (105,993)          --
                                         -----------    -----------    -----------    -----------

Net Income (Loss)                            707,709        (14,331)        17,452         32,049

Other comprehensive income                      --             --             --             --
                                         -----------    -----------    -----------    -----------

Comprehensive Income (Loss)              $   707,709    $   (14,331)   $    17,452    $    32,049
                                         ===========    ===========    ===========    ===========

Income (Loss) per share of
   common stock outstanding,
   computed on net loss
      Basic                              $      0.08            .00    $      0.00    $      0.01
                                         ===========    ===========    ===========    ===========
      Fully diluted                      $      0.08            .00    $      0.00    $      0.01
                                         ===========    ===========    ===========    ===========

Weighted-average number
   of shares outstanding
      basic                                8,236,426      5,716,250      8,914,386      5,716,250
                                         ===========    ===========    ===========    ===========
      fully diluted                        8,468,767      5,716,250      9,146,727      5,716,250
                                         ===========    ===========    ===========    ===========


</TABLE>

The financial  information  presented  herein has been  prepared  by  management
  without audit by independent certified public accountants.
                                                                               5

<PAGE>

<TABLE>

<CAPTION>

                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)
                            Statements of Cash Flows
                  Nine months ended December 31, 1999 and 1998

                                   (Unaudited)
                                   -----------

                                                                          1999           1998
                                                                      -----------    -----------
<S>                                                                   <C>            <C>
Cash Flows from Operating Activities
   Net income (loss)                                                  $   707,709    $   (14,331)
   Adjustments to reconcile net income to net cash
      provided by operating activities
         Depreciation and amortization                                     30,294          8,175
         Lawsuit settlement paid with transfer of assets                   20,000           --
         Common stock issued for consulting fees                           18,000           --
         Forgiveness of accrued compensation on employment contract      (550,000)          --
         (Increase) Decrease in
            Accounts receivable - trade                                   (25,325)          --
            Accounts receivable - other                                    (7,250)          --
            Prepaid expenses and other                                    108,042         (2,223)
         Increase (Decrease) in
            Accounts payable                                              (12,092)        17,498
            Other accrued liabilities                                     523,130         36,676
            Due to former officer/shareholder                                --           75,000
            Income taxes payable                                           96,906            141
            Deferred revenues                                             (42,610)          --
                                                                      -----------    -----------
      Net cash provided by operating activities                           866,804        120,936
                                                                      -----------    -----------

Cash Flows from Investing Activities
   Purchase of property and equipment                                    (407,840)      (138,591)
                                                                      -----------    -----------
      Net cash used in investing activities                              (407,840)      (138,591)
                                                                      -----------    -----------

Cash Flows from Financing Activities
   Proceeds from private placements of
      common stock - net of selling expenses                            2,118,415           --
   Cash advanced by officer and shareholder                               422,812           --
   Change in advances to affiliates - net                              (1,316,647)       115,049
   Advances to other entities                                            (200,000)          --
   Cash paid for investments in other entities                         (1,508,872)          --
   Proceeds from capital lease payable                                       --            7,950
   Payments on capital lease payable                                       (1,379)        (5,251)
                                                                      -----------    -----------
      Net cash used in financing activities                              (485,671)       117,748
                                                                      -----------    -----------

Increase in Cash and Cash Equivalents                                     (26,707)       100,093

Cash and cash equivalents at beginning of period                          216,159            100
                                                                      -----------    -----------

Cash and cash equivalents at end of period                            $   189,452    $   100,193
                                                                      ===========    ===========

</TABLE>

The financial  information  presented  herein has been  prepared  by  management
  without audit by independent certified public accountants.
                                                                               6

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)
                            Statements of Cash Flows
                  Nine months ended December 31, 1999 and 1998

                                   (Unaudited)
                                   -----------

                                                             1999       1998
                                                            --------   --------
Supplemental Disclosures of Interest and Income Taxes Paid
   Interest paid during the period                          $      -   $    191
                                                            ========   ========
      Income taxes paid (refunded)                          $ 82,457   $      -
                                                            ========   ========

Supplemental Disclosure of Non-Cash
   Investing and Financing Activities
      Settlement of lawsuit with transfer of a patent       $ 20,000   $      -
                                                            ========   ========







The financial  information  presented  herein has been  prepared  by  management
  without audit by independent certified public accountants.
                                                                               7

<PAGE>



                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                          Notes to Financial Statements


Note 1 - Basis of Presentation

WorldWideWeb  Institute.com,  Inc. (Company) was incorporated on May 29, 1990 as
Interamerican Pharmaceutical Corporation under the laws of the State of Florida.
The Company  changed its name to Spectrum  Pharmaceutical  Corporation  in April
1991.  The  Company  was  originally  formed to engage  in the  development  and
marketing  of  certain  products   utilizing  the  chemical   compound  procaine
hydrochloride  for the treatment of tinnitus,  certain  symptoms of  Alzheimer's
Disease and cocaine  addiction.  The Company was assigned a patent  covering its
products for the specifically named conditions and diseases.

On June 29, 1999, as filed on July 30, 1999, the Company amended its Articles of
Incorporation  to issue up to  50,000,000  shares of $0.00001  par value  Common
Stock  and to  effect  a one (1) for  ten  (10)  reverse  stock  split,  with no
fractional shares being issued.  All issued and outstanding share amounts in the
accompanying  financial  statements  have been restated to reflect the effect of
this reverse stock split as of the first day of the first period presented.  The
Company also changed its corporate name to WorldWideWeb Institute.com, Inc.

On July 2, 1999,  the Agreement and Plan of  Reorganization  and Stock  Purchase
Agreement  among  Spectrum  Pharmaceutical  Corp.  ("Acquiror"),  the  principal
shareholder of the Acquiror,  WorldWideWeb Institute,  Inc. ("WorldWideWeb") and
the shareholders of WorldWideWeb was completed. As part of the acquisition,  the
shareholders of WorldWideWeb  acquired 5,025,000 shares of the Acquiror's Common
Stock in exchange for all of the capital stock of WorldWideWeb and, in addition,
acquired 1,815,000 shares of the Acquiror from the principal  shareholder of the
Acquiror, Halter Capital Corporation, in consideration for $350,000. As a result
of this transaction,  the shareholders of WorldWideWeb  received an aggregate of
6,840,000 shares or approximately 89.6% of the total outstanding Common Stock of
the Acquiror.  The exchange of consideration  involved resulted from arms-length
bargaining and there was no previous  relationship  between the Acquiror and its
principal shareholder and WorldWideWeb and its shareholders. The cash portion of
the consideration was derived from personal funds.

A change in control of the Company and the simultaneous July 2, 1999 acquisition
of  WorldWideWeb  Institute,  Inc.  involved  common  ownership and  management.
Accordingly, the acquisition was accounted for pursuant to Interpretation #39 of
Accounting Principles Board Opinion # 16, "Business  Combinations",  whereby the
combination   of  entities   under  common  control  are  accounted  for  on  an
"as-if-pooled"  basis. The combined financial  statements of the Company and its
wholly-owned  subsidiary  became  the  historical  financial  statements  of the
Company as of the first day of the first period presented.

On December 8, 1999, the Company  acquired  100.0% of the issued and outstanding
stock of World Wide Web  Institute  of  Canada,  Inc.,  a  Canadian  corporation
located in Toronto,  Canada  ("WWWC"),  for the  conversion  of all loans by the
Company to WWWC of  approximately  $844,000,  into equity ownership of WWWC. The
Company's President and controlling shareholder was a minority shareholder and a
member of the Board of WWWC and the  Company  provided  significant  amounts  of
working  capital to support  WWWC's  operations  during its initial 12 months of
operation  through the date of acquisition by the Company.  Due to the ownership
and funding issues,  the acquisition of WWWC by the Company was accounted for on
an "as if pooled" basis,  pursuant to the requirements of Interpretation  #39 of
Accounting  Principles  Board  Opinion # 16 for entities  under common  control.
Accordingly,  the combined financial statements of the Company, its wholly-owned
subsidiary  discussed  in the  preceding  paragraph  and WWWC  have  become  the
historical  consolidated financial statements of the Company as of the first day
of the first period presented.

The Company will retain its March 31 year-end for all future periods.

                                                                               8

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                    Notes to Financial Statements - Continued


Note 1 - Basis of Presentation - continued

During interim periods, the Company follows the accounting policies set forth in
its Annual Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act
of 1934 on Form 10-KSB and the accounting  policies of  WorldWideWeb  Institute,
Inc. on Form 8-K/A filed with the U. S. Securities and Exchange Commission.  The
information  presented  herein  does not  include  all  disclosures  required by
generally accepted accounting  principles and the users of financial information
provided for interim  periods should refer to the annual  financial  information
and footnotes  contained in its Annual Report Pursuant to Section 13 or 15(d) of
The  Securities  Exchange  Act of 1934 on Form  10-KSB and the Form 8-K/A  filed
containing the historical financial statements of WorldWideWeb  Institute,  Inc.
when reviewing the interim financial results presented herein.

In the opinion of management,  the accompanying  interim  financial  statements,
prepared in accordance with the instructions for Form 10-QSB,  are unaudited and
contain  all  material   adjustments,   consisting  only  of  normal   recurring
adjustments  necessary to present  fairly the  financial  condition,  results of
operations  and cash flows of the Company  for the  respective  interim  periods
presented.  The  current  period  results  of  operations  are  not  necessarily
indicative of results which ultimately will be reported for the full fiscal year
ending March 31, 2000.

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates.


Note 2 - Summary of Significant Accounting Policies

a.)  Cash and cash equivalents and foreign currency translation

     The Company considers all cash on hand and in banks,  including accounts in
     book overdraft  positions,  certificates of deposit and other highly-liquid
     investments with maturities of three months or less, when purchased,  to be
     cash and cash equivalents.

     World  Wide  Web  Institute,  Inc.  (Canada)  ("WWWC")  maintains  funds in
     Canadian  financial  institutions  in  Canadian  dollar  (CN$)  transaction
     accounts.   All  transactions   reflected  in  the  accompanying  financial
     statements have been converted into US dollar equivalents, as of the end of
     each respective  quarter at the Wall Street Journal published exchange rate
     on the last day of the fiscal quarter, for CN$ accounts.

b.)  Income taxes

     The Company filed a separate  corporate  federal  income tax return through
     December 31,  1998.  Due to the changes in control  occurring in 1999,  the
     Company  has no net  operating  loss  carry  forwards  available  to offset
     financial statement or tax return taxable income in future periods.

     The Company uses the asset and liability  method of  accounting  for income
     taxes. At December 31, 1999 and 1998, respectively,  the deferred tax asset
     and deferred  tax  liability  accounts,  as recorded  when  material to the
     financial  statements,  are entirely  the result of temporary  differences.
     Temporary  differences  represent  differences in the recognition of assets
     and  liabilities  for  tax  and  financial  reporting  purposes,  primarily
     non-deductible accrued compensation amounts payable to an officer.

                                                                               9

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                    Notes to Financial Statements - Continued


Note 2 - Summary of Significant Accounting Policies

c.)  Income (Loss) per share

     Basic  earnings  (loss) per share is computed  by  dividing  the net income
     (loss) by the weighted-average  number of shares of common stock and common
     stock  equivalents  (primarily  outstanding  options and warrants).  Common
     stock equivalents  represent the dilutive effect of the assumed exercise of
     the  outstanding  stock  options and  warrants,  using the  treasury  stock
     method.  The calculation of fully diluted earnings (loss) per share assumes
     the dilutive effect of the exercise of outstanding  options and warrants at
     either the  beginning  of the  respective  period  presented or the date of
     issuance, whichever is later.

d.)  Reclassifications

     Certain  amounts  in  the  accompanying   financial  statements  have  been
     reclassified to better reflect the Company's operations,  in the opinion of
     management.  These  reclassifications  have been  reflected  in all amounts
     shown in the accompanying financial statements.


Note 3 - Due from Related Parties

The  Company  has made  short  term  loans in the  form of  unsecured  advances,
provided services or paid certain expenses on behalf of affiliated marketing and
production  companies located in, Melbourne,  Australia,  and Sao Paulo,  Brazil
totaling  approximately  $1,203,106 and $1,000 as of December 31, 1999 and 1998,
respectively.  These two foreign  companies also provide  additional  lower cost
production  facilities  for the  Company,  as well as  providing  a gateway  for
introduction of strategic  marketing  partnering  arrangements  with large local
companies  and  international  organizations.   These  companies  are  presently
independently owned by local management,  and Messrs. Hudson and Sansoni who are
members of the Company's Management. As of December 31, 1999, these advances are
due upon demand and bear an interest rate of 4% per annum.  The Company's  Board
has approved the acquisition of these Companies,  but has left the timing of the
acquisition up to management,  subject to due diligence, business evaluation and
other considerations.

Note 4 - Due from Unrelated Parties

World Wide Web Institute, Inc. (Canada) has made short term loans in the form of
unsecured advances,  provided services or paid certain expenses on behalf of the
Internet Resource Center Inc., a Canadian online training company. Such advances
are expected to be repaid within one year.

Note 5 - Investments in Other Entities

The Company has made investments in several entities.  The Company regards these
strategic  partnerships  as a  cost-effective  way of extending  its services or
developing  fast  growing new  markets.  It has made its  investments  as either
direct  capital  contributions,  as  equity  for  services,  or  as  equity  for
expenditures  made. These include  TekLaunch,  Inc., a marketer and developer of
high end web sites, Low Cost Hosting.com,  Inc., a provider of low cost hosting,
Internet Sales Products.com,  Inc., a network marketing re-seller of bundled web
site and web site products and services,  and WWT Services  Corp.,  DBA E-Online
Marketing.com,.  an online  marketing  services and consulting  firm. In each of
these cases,  the Company has a current minority  interest of approximately  20%
together with an option to acquire 80-100% ownership.

                                                                              10

<PAGE>




                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                    Notes to Financial Statements - Continued

Note 6 - Other Accrued Liabilities

The Company's  accrued  liabilities  as of December 31, 2000 were  approximately
$67,556 of accrued  vacation  expense,  $76,129 of accrued or deferred  payroll,
$10,865 in accrued commission and $483,046 in accrued payroll taxes.  Certain of
these  liabilities  involved  timing  differences.  As of February 15, 2000, the
Company's accrued payroll tax liability was approximately $221,000.

Note 7 - Common stock transactions

On June 29, 1999, as filed on July 30, 1999, the Company amended its Articles of
Incorporation  to issue up to  50,000,000  shares of $0.00001  par value  Common
Stock and to effect a one (1) for ten (10) reverse  stock split.  All issued and
outstanding  share amounts in the  accompanying  financial  statements have been
restated to reflect the effect of this  reverse  stock split as of the first day
of the first period presented.

On April 1, 1999,  the Company,  then known as Spectrum  Pharmaceuticals  issued
18,000,000  pre-reverse  split shares (1,800,000  post-reverse  split shares, as
discussed  below)  of  unregistered,  restricted  common  stock  to  its  former
President in settlement of a consulting  contract for providing various services
to the Company in preserving the corporate entity during preceding years.

On April 15,  1999,  the Company  issued  125,000  post-reverse  split shares of
restricted,  unregistered common stock in settlement of a consulting  agreement,
valued at  approximately  $6,000,  which  approximates the value of the services
rendered and the "fair value" of the shares on the issue date,  as  compensation
for various  services  rendered to the Company for the purpose of  identifying a
suitable  merger  candidate for the Company and for paying certain  reactivation
expenses on behalf of the Company.

On  July  2,  1999,  the  Company  issued  approximately   5,025,000  shares  of
post-reverse  split stock to acquire 100% of the issued and outstanding stock of
WorldWideWeb   Institute,   Inc.  (a  privately   owned  Florida   corporation).
WorldWideWeb Institute,  Inc. then became a wholly-owned operating subsidiary of
the Company.

In August  1999,  the Company  sold  1,000,000  Units under a Private  Placement
Memorandum,  consisting  of one (1) share of common stock and one (1) warrant to
purchase one (1) share of common stock. Each Unit sold for $1.00 per share. Each
warrant is  exercisable  at $2.25 per share and  expires  two (2) years from the
date of issuance. The Company realized net proceeds of approximately $900,000 in
this transaction.  In November,  2000, the Company permitted the conversion of a
$100,000  note into  100,000  units  consisting  of 100,000  shares and  100,000
warrants.

In September 1999, the Company had an additional  private placement  offering of
units,  consisting  of one (1) share of  common  stock  and one (1)  warrant  to
purchase one (1) share of common stock. As of December 31, 1999, the Company has
sold  639,500  Units at $2.00  per Unit for  total  gross  and net  proceeds  of
approximately  $1,279,000.  Each warrant is  exercisable  at $2.25 per share and
expires two (2) years from the date of  issuance.  Subsequent  to  December  31,
1999,  the Company  completed the offering by the sale of an additional  207,500
units under this offering and received net proceeds of $415,000.

In January 4, 2000,  the Company  made a limited  45-day offer to holders of its
2-year  warrants with a $2.25 exercise  price.  For each warrant  exercised into
common  stock  during this period,  the Company  offered to issue an  additional
2-year  warrant  exercisable  at $8 per  share.  The  Company  has  received  an
additional $610,200 from the exercise of 271,200 warrants.

                                                                              11

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                    Notes to Financial Statements - Continued

Note 8 - Contingencies

Employment Agreement

On June 1, 1992,  the Company,  entered into an Employment  Contract  (Contract)
with an individual to serve as the Company's President.  The Contract required a
annual base salary,  as specified to use the Contract's  anniversary  dates,  as
follows:

                      June 1, 1992 to May 31, 1993            $   85,000
                      June 1, 1993 to May 31, 1994               105,000
                      June 1, 1994 to May 31, 1995               115,000
                      June 1, 1995 to May 31, 1996               125,000
                      June 1, 1996 to May 31, 1997               135,000
                      June 1, 1997 to May 31, 1998               145,000
                      June 1, 1998 to May 31, 1999               155,000

Additionally, the Contract provided for discretionary bonuses, paid vacation and
sick leave time, use of a Company  automobile or reimbursement  for the use of a
personal automobile and various normal insurance coverage for life and health.

Employment Agreement

Effective April 1, 1999,  this individual and the Company  executed an Agreement
whereby all  accrued  compensation  under this  Agreement  were  forgiven by the
individual with no further liability to the Company.  Accordingly,  the reversal
of these accruals  resulted in a one-time  income item of $550,000.  Pursuant to
the Internal  Revenue  Code,  none of these  accrued  amounts were  eligible for
deduction  for income tax  purposes in the initial year of accrual and no income
tax effect is realized as a result of this forgiveness.

Litigation

The Company,  then known as Spectrum  Pharmaceutical and its then President were
defendants  in a case  initiated  in August  1992 in Circuit  Court for the 15th
Judicial  Circuit for Palm Beach County,  Florida seeking damages related to the
termination  of a  partnership  which was the  predecessor  to the  Company.  In
February  1999,  this  litigation  was authorized to be settled by the Company's
Board of  Directors  through  the  transference  of the patent  assigned  to the
Company to the  plaintiff.  This  lawsuit was  settled  during May 1999 with the
physical transfer of the patent assigned to the Company to the plaintiffs in the
case.

As of  December  31,  1999,  the  Company is  involved  in two  lawsuits  in the
Seventeenth  Judicial  Circuit of  Broward  County,  Florida.  The first case is
styled  WorldWideWeb  Institute,  Inc., et. al. v. Carole Fletcher Hudson,  Case
99-009287(05).  This case involves the Company's filing of a complaint  alleging
Fletcher's breach of contract related to non-compete and  non-disclosure  issues
upon her termination of employment  from the Company.  The second case is styled
WorldWideWeb Institute, Inc. v. USAWEB Technology, Inc., Valentin Flores, Andrew
Bessio and Gary Weston,  Case 99-07925(12).  This case seeks recovery of damages
and injunctive relief in connection with USAWEB's  solicitation of the Company's
employees to resign from the Company and accept employment positions with USAWEB
in violation of the respective employee's non-disclosure and non-compete clauses
in their employment  contracts.  As of February 10, 2000,  discovery is still in
process in each case and no prediction of the ultimate  outcome can be made. The
Company is vigorously  pursuing each case and no material negative  financial or
economic impact is anticipated.


                                                                              12

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                    Notes to Financial Statements - Continued


Consulting Agreement

On April 1, 1999, the Company, then known as Spectrum Pharmaceutical, executed a
consulting agreement with an individual, who became an officer of the Company on
May 20, 1999.  This  contract was settled on April 15, 1999 with the issuance of
125,000  post-reverse  split shares of  unregistered,  restricted  common stock,
valued at  approximately  $6,000,  which  approximates the value of the services
rendered and the "fair value" of the shares on the issue date,  as  compensation
for various  services  rendered to the Company for the purpose of  identifying a
suitable  merger  candidate for the Company and for paying certain  reactivation
expenses on behalf of the Company.

Note 9 - Commitments

During the third  quarter of Fiscal  2000,  the Company  acquired  100.0% of the
issued and  outstanding  stock of World Wide Web  Institute,  Inc.  ("WWWC"),  a
Canadian  corporation  for  the  conversion  of  all  loans  by the  Company  of
approximately  $844,000  into  equity  in  WWWC.  The  Company's  President  and
controlling  shareholder  was a minority  shareholder  in WWWC, and assigned his
interest to the Company without  compensation.  The Company provided significant
amounts of working  capital to support WWWC's  operations  during its initial 12
months of operation  through the date of acquisition by the Company.  Due to the
ownership  and  funding  issues,  the  acquisition  of WWWC by the  Company  was
accounted  for on an "as if  pooled"  basis,  pursuant  to the  requirements  of
Interpretation  #39 of  Accounting  Principles  Board  Opinion # 16 for entities
under common  control.  Accordingly,  the combined  financial  statements of the
Company,  its wholly-owned  subsidiary  discussed in the preceding paragraph and
WWWC have become the historical consolidated financial statements of the Company
as of the first day of the first period presented.

In June, 1999, the Company  initially  entered into an strategic  agreement with
Low Cost  Hosting.com,  Inc.  whereby  it would  refer  both  leads and  provide
administrative  and technical  support.  Low Cost  Hosting,  agreed to designate
WorldWideWeb  Institute.com as its exclusive  hosting source,  and give it a 20%
equity interest.  In August, 1999, Low Cost Hosting reconfirmed the right of the
Company to acquire the  remaining  80% at a future  date in exchange  for direct
investment or conversion of advances of $200,000.

On August 2, 1999,  the Company  entered into an agreement  with Internet  Sales
Products.com,  Inc. ("ISP").,  a Florida  corporation owned by a current Company
shareholder. Under this agreement, the Company becomes the exclusive producer of
all web sites sold by ISP. The Company also agrees to provide financial advances
to ISP which includes  administrative and accounting support and marketing leads
of approximately $450,000 on behalf of Internet Sales Products,  Inc. ISP grants
the  Company a 20% equity  interest  and gives the  Company the right to convert
these  advances  into an 80% interest in the Company,  and to buy the  remaining
shares with the issuance of 172,000 shares of Company common stock, subject to a
fairness opinion.

In November 1999, the Company  entered into an agreement  with  TekLaunch,  Inc.
which  markets and develops high end web sites.  The agreement  provides for the
Company to be the exclusive production contractor, to provide administrative and
accounting support, and marketing leads. Under the agreement, the Company owns a
20% stake and has the right to acquire  up to 80% of the issued and  outstanding
stock of TekLaunch,  Inc., a Florida corporation involved in the development and
marketing of "high-end" web sites, for $200,000.

On November 1999, the Company  entered into an agreement to buy the  outstanding
stock of Cross Country  Logistics Inc. (a Florida  Corporation)  which developed
and owned a proprietary  web site  building  software  application  for $100,000
cash, and up to 50,000 shares of WorldWideWeb  common stock.  The amount of cash
paid by the Company and number of shares will be subject to the Cross  Country's
ability  to meet  technical  specifications,  performance  milestones  and other
conditions.

                                                                              13

<PAGE>


                        WorldWideWeb Institute.com, Inc.
                 (formerly Spectrum Pharmaceutical Corporation)

                      Notes to Financial Statements - Continued

Note 10 - Stock Option Plans

On July 1, 1999, the Company's  Board of Directors and  Shareholders  approved a
Qualified  and  Non-Qualified  Stock  Option  Plan which  authorized  a total of
740,000 shares of common stock to be issued to employees and key persons.  As of
December 31, 1999,  approximately 480,000 shares have been issued as part of the
non-qualified  plan at an exercise price of $1.25 per share, a number which also
reflects adjustments for former employees no longer eligible for the plan.

The Company's Board of Directors and Shareholders also approved a one time grant
of  non-qualified  options to Smiley  Sansoni the Company's  President and Chief
Executive  Officer to  purchase  up to 450,000  shares of the  Company's  common
stock.  The  vesting  schedule  of  these  option  is  112,500  shares  with the
anniversary date beginning July 1, 2000 through July 1, 2003.

On October 1, 1999,  the Board of Directors  adjusted the price of these options
to be $5  per  share  instead  of  being  exercisable  at  prices  ranging  from
$1.25,$2.50,$3.75  and $5.00  respectively.  On October 1, 1999,  the Board also
granted options which totaled  150,000  shares,  with an exercise price of $5 to
Mr. Brett Hudson,  Vice President (75,000 options) and Ms. Dana Williams,  Chief
Technology Officer (75,000 options). Each of the options vests over two years at
the rate of 50% per year with the  anniversary  date of October 1, 2000  through
October 1, 2001.

                                                                              14

<PAGE>


Part I - Item 2

Part I,  Item 2  Management's Discussion and Analysis of Financial Condition and
                 Operations

(1) Caution Regarding Forward-Looking Information

This  quarterly   report  contains   certain   forward-looking   statements  and
information relating to the Company that are based on the beliefs of the Company
or management as well as assumptions made by and information currently available
to  the  Company  or  management.   When  used  in  this  document,  the  words,
"anticipate", "believe", "estimate", "expect", "intend" and similar expressions,
as they  relate to the  Company or its  management,  are  intended  to  identify
forward-looking  statements.  Such  statements  reflect the current  view of the
Company regarding future events and are subject to certain risks,  uncertainties
and assumptions  including the risks and uncertainties noted. Should one or more
of these risks or  uncertainties  materialize or should  underlying  assumptions
materially prove incorrect,  actual results may vary from those described herein
as anticipated,  believed,  estimated,  expected or intended.. In each instance,
forward-looking  information  should be considered in light of the  accompanying
meaningful cautionary statements herein.

(2) General

On May 20,  1999,  the  Company's  then  majority  shareholder,  Dr.  Howard  I.
Wertheim,  executed a stock purchase  agreement  where he sold 22,472,634 of the
24,911,165  pre-reverse  split shares  (2,247,263 of the 2,491,250  post-reverse
split  shares) of common  stock then issued and  outstanding  to Halter  Capital
Corporation in a cash  transaction.  Halter Capital  Corporation then became the
Company's controlling shareholder.

On July 2,  1999,  Halter  Capital  Corp.  executed a Stock  Purchase  Agreement
whereby they sold 1,815,000 of the 2,491,250 post-reverse shares of common stock
then issued and  outstanding  to Smiley  Sansoni,  Randall  Denton,  James Brett
Hudson, Dana Williams, Mira DeLane, Corporate Builders Inc. and Prosperity Power
Inc.  (collectively  New  Shareholders).  The New  Shareholders  then became the
Company's controlling shareholders. These individuals were also collectively the
controlling shareholders of WorldWideWeb Institute, Inc.

On July 2, 1999,  concurrent  with the above  transaction,  the  Company  issued
approximately  5,025,000  shares of post reverse  split stock to acquire 100% of
the issued and outstanding  stock of WorldWideWeb  Institute,  Inc. (a privately
owned  Florida  corporation).   WorldWideWeb  Institute,   Inc.  then  became  a
wholly-owned operating subsidiary of the Company.

In  December  1999,  the  Company  exercised  its right to  purchase  100% of an
independent sales marketing affiliate in Toronto,  Canada, also named World Wide
Web  Institute,  Inc.  (hereafter  referred to as "WWWC") The Company  agreed to
convert loans made to WWWC in the amount of $844,000 into equity.  Management of
the Company is currently  evaluating the  acquisition as to which  parameters it
falls  within for SEC  reporting  guidelines.  The  Company  expects to file the
appropriate financial statements for the Company on Form 8K within 60 days.

The  acquisition  of  WorldWideWeb  Institute,  Inc.  (USA)  in July  1999,  was
accounted for pursuant to the requirements of  Interpretation  #39 of Accounting
Principles Board Opinion #16, "Business  Combinations",  whereby the combination
of entities  under common  control is accounted for on an "as if pooled"  basis.
The combined financial statements of the Company and its wholly-owned subsidiary
became the historical financial statements of the Company as of the first day of
the first  period  presented.  The Company will retain its March 31 year end for
all future periods.

This  interpretation  has been  applied to WWWC even  though the Company did not
have controlling interest in the Company. An officer of the Company participated
on WWWC Board of Directors, and operations were substantially funded by advances
from the Company. Accordingly the Company's historical financial statements have
been restated to be included in the consolidated  financial  statements from the
Company's inception in November 1998.

(3) Results of Operations, Liquidity and Capital Resources

For the nine  months  ended  December  31,  1999,  the  Company's  revenues on a
consolidated basis were $6,083,581  compared to $1,598,694 for the previous year
period  ending  December  31,  1998.  Net after tax earnings for the nine months
ended  December  31,  1999 on a  consolidated  basis were  $707,709  compared to
$(14,331).

                                                                              15

<PAGE>

For the three  months  ended  December 31,  1999,  the  Company's  revenues on a
consolidated  basis were $1,774,291  compared to $939,557,  in the previous year
period  ending  December 31,  1998.  Net after tax earnings for the three months
ended December 31, 1999 on a consolidated basis were $17,452 compared to $32,049
for the period ending December 31, 1998.

For the nine months ended  December 31, 1999, the Company's  Canadian  affiliate
added approximately $1.34 million to consolidated revenue,  while posting income
of $99,534. The results of the Canadian affiliate,  which has just completed its
first  year,  reflected  initial  start up and support  expenses.  For the three
months ended  December  31, 1999,  the  Canadian  affiliate  posted  revenues of
$625,494 which included license fees of $250,000 from its proprietary e-commerce
web site building software, and a profit of $264,418.

For the nine months  ended,  December 31, 1999,  the  Company's  revenue  growth
reflected a continuing  strong  demand for web site  development,  hosting,  and
enhancements by small to medium-sized  businesses and  individuals.  The Company
believes it is  benefiting  from greater  acceptance  of the need for smaller to
medium-sized  businesses  to have an  Internet  presence.  For the three  months
ended,  December 31, 1999, the Company's  overall  revenue  compared to previous
quarters  was  slightly  down.  Revenue  for this period has  historically  been
effected by the Thanksgiving  through Christmas holidays when customers are less
available  or  inclined to discuss  prospective  websites.  During this  holiday
period, the Company has allowed most of its staff to take compensating time off,
while working extended hours for most of the first three weeks of December.

For the nine months ended  December 31, 1999,  significantly  higher general and
administrative  costs of  $2,321,617  compared  to the  previous  year period of
$665,048 were  reflective of higher  production  payroll costs and other related
production costs resulting from a higher level of business activity and the need
to add  additional  higher cost web  designers  for web site  enhancement  work,
additional  supervisors and team leaders to help expedite  production and manage
student interns,  and for training production team members. For the three months
ended December 31, 1999, this trend continued.  In addition,  the extended hours
resulted in additional overtime costs for independent consultants. Such expenses
are also being incurred in anticipation of increasing  demand for enhancement of
web  sites  and  conversion  of the  basic  six  page  web  site  to  e-commerce
applications.  During this  period,  the Company  added  senior  level and staff
personnel to its customer service,  administrative payroll to support and manage
the increased number of personnel and projects, and increased office,  telephone
and other operating  expenses  reflecting the higher level of business  activity
and growth.

The Company  believes  that it will need to continue to add to its  personnel at
all  levels to support  what it  anticipates  will be a higher  level of revenue
growth.  However,  it anticipates the general and  administrative  expenses as a
percentage  of  sales  is not  likely  to  increase  and may  even  reflect  the
restructuring  efforts which the Company  believes will allow it to operate more
efficiently.   Management   anticipates  that  its  potential  expenditures  for
marketing,  advertising  and  investment in vendors and  companies  that provide
synergistic  revenue  streams  will  increase   significantly.   Some  of  these
expenditures,  relating  to the  efforts to gain  additional  market  share both
domestically  and abroad,  may increase  more rapidly than sales.  The Company's
strategy is to maintain a difficult and often delicate  balance of profitability
versus expenditures necessary to grow and gain market share.

For  the  nine  months  ended  December  31,  1999,   earnings  per  share  were
approximately  $0.08 per share compared to the previous year period of $0.00 per
share. The nine months results include a one time net gain of $530,000. Earnings
(loss) per share were $0.00 per share for the three  months  ended  December 31,
1999 compared to $0.01 per share for the similar period ended December 31, 1998.

(4) Liquidity and Capital Resources

For the nine months ended December 31, 1999 and 1998, the Company  generated net
cash flows from operations of $866,804 and $120,936.  Due to its increased level
of  business  activity  and  number of  customers,  and the need to  maintain  a
technologically   current  production   facility,   the  Company  increased  its
expenditures on equipment and property during the nine months ended December 31,
1999 to $407,840  from $138591 for the similar  period ended  December 31, 1998.
The Company anticipates  increased further capital expenditures for computer and
network facilities in future periods.  However,  at this time, the exact amount,
if any to be expended on these facilities can not be predicted.

The Company raised  $2,379,000  through the private sale of its securities as of
December 31, 1999. On August 10, 1999,  the Company sold 1,100,000  units,  each
unit  consisting of one common share and one 2-year warrant at $1 per units with

                                                                              16

<PAGE>

proceeds of $1,100,000. As of December 31, 1999, the Company sold 639,500 units,
each unit  consisting of one common share and one 2-year  warrant at $2 per unit
or gross proceeds of approximately $1,279,000.

Subsequent to the end of the quarter,  the Company has signed a letter of intent
to move to an 84,000 square foot  facility  near its present  14,000 square foot
facilities,  which it believes  are  currently  inadequate  to house its present
personnel and activities.  The Company anticipates  significant move-in expenses
as well as expenses necessary to customize some of the space to its needs.

The company expects that its current day to day operational financial needs will
be provided by on-going  operations and equity capital.  The Company anticipates
that its expanded level of business activity will require substantial additional
working capital,  and it anticipates  these needs to be met through private sale
of equity.  Subsequent  to the end of the quarter,  the Company  entered into an
investment banking relationship with the goal of meeting its anticipated capital
requirements.

Part II  Other Information

Item 1  Legal Proceedings

The Company is a plaintiff in two cases in Broward County Court alleging  former
Company  employee   violations  of  their   non-compete,   confidentiality   and
non-circumvention agreements.

The first case is  WorldWideWeb  Institute.  Inc.  v. USAWEB  Technology,  Inc.,
Valentin  Flores,  Andrew  Bessio and Gary Weston  where the  Company  seeks the
recovery  of  damages  and  injunctive  relief  in  connection  with  USA  Web's
solicitation of employees to resign from the Company and accept positions at USA
Web in violation of their  non-compete  and  non-disclosure  agreements with the
Company.  USAWEB has filed a counterclaim through which it seeks the recovery of
damages for the Company's  alleged tortious  interference with its relationships
with employees and third parties.

The second case is WorldWideWeb Institute, Inc. et.al. v. Carole Fletcher Hudson
where the  Company  has filed a 9 count  complaint  for  declaratory  relief and
damages in connection with Fletcher's  breach of non-compete and  non-disclosure
agreements upon her termination from employment with WorldWideWeb.  Fletcher has
counterclaimed  for recovery of damages with her alleged  ownership  interest in
WorldWideWeb  Florida  and  WorldWideWeb  Canada,  as  well  as for  intentional
infliction of emotional distress and other allegations.

The Company does not believe, either case, regardless of outcome will materially
effect the results.

Item 2 Changes in Securities

On July 30, 1999, the Company amended its Articles of  Incorporation to issue up
to 50,000,000  shares of $0.00001 par value Common Stock and to effect a one (1)
for ten (10) reverse stock split,  with no fractional  shares being issued.  All
issued and outstanding  share amounts in the accompanying  financial  statements
have been  restated to reflect the effect of this reverse  stock split as of the
first day of the first period presented.

On April 1, 1999, the Company  executed a consulting  agreement with an Kevin B.
Halter, Jr., an individual who became an officer of the Company on May 20, 1999.
This  contract  was  settled  on April  15,  1999 with the  issuance  of a to be
determined number of shares which would equal 125,000  post-reverse split shares
of  unregistered,  restricted  common  stock.  This  transaction  was  valued at
approximately  $6,000, which approximates the value of the services rendered and
the "fair value" of the shares on the issue date,  as  compensation  for various
services  rendered  to the Company  for the  purpose of  identifying  a suitable
merger candidate for the Company and for paying certain reactivation expenses on
behalf of the Company.

On May 20,  1999,  the  Company's  then  majority  shareholder,  Dr.  Howard  I.
Wertheim,  executed a Stock Purchase Agreement whereby he sold 22,472,634 of the
24,911,165  pre-reverse split shares (2,247,263 of 2,491,250  post-reverse split
shares)  of  common  stock  then  issued  and   outstanding  to  Halter  Capital
Corporation in a cash  transaction.  Halter Capital  Corporation then became the
Company's controlling shareholder.

On July 2, 1999, Halter Capital Corporation  executed a Stock Purchase Agreement
whereby they sold 1,815,000 of the 2,491,250 post-reverse split shares of common
stock then issued and outstanding to Smiley J. Sansoni,  Randall  Denton,  James
Brett  Hudson,  Dana  Williams,  Mira  Delane,   Corporate  Builders,  Inc.  and
Prosperity  Power,  Inc.  (collectively New Shareholders) in a cash transaction.
The New Shareholders then became the Company's controlling  shareholders.  These
individuals  were also the controlling  shareholders of WorldWideWeb  Institute,
Inc.

                                                                              17

<PAGE>

On July 2, 1999,  concurrent  with the above  transaction,  the  Company  issued
approximately  5,025,000  shares of post-reverse  split stock to acquire 100% of
the issued and outstanding  stock of WorldWideWeb  Institute,  Inc. (a privately
owned  Florida  corporation).   WorldWideWeb  Institute,   Inc.  then  became  a
wholly-owned operating subsidiary of the Company.

Item 3 - Defaults on Senior Securities

   None

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

   None

Item 5 - Other Information

In August  1999,  the Company  sold  1,000,000  Units under a Private  Placement
Memorandum,  consisting  of one (1) share of common stock and one (1) warrant to
purchase one (1) share of common stock. Each Unit sold for $1.00 per share. Each
warrant is  exercisable  at $2.25 per share and  expires  two (2) years from the
date of issuance. The Company realized net proceeds of approximately $900,000 in
this transaction.  In November,  2000, the Company permitted the conversion of a
$100,000  note  which  was part of the  earlier  placement  into  100,000  units
consisting of 100,000 shares and 100,000 warrants.

In September 1999, the Company had an additional  private placement  offering of
units,  consisting  of one (1) share of  common  stock  and one (1)  warrant  to
purchase one (1) share of common stock. As of December 31, 1999, the Company has
sold  639,500  Units at $2.00  per Unit for  total  gross  and net  proceeds  of
approximately  $1,279,000.  Each warrant is  exercisable  at $2.25 per share and
expires two (2) years from the date of  issuance.  Subsequent  to  December  31,
1999,  the Company  completed  the  offering  through the sale of an  additional
207,500 units under this offering and received net proceeds of $415,000.

In December,  1999, the Company acquired 100% of World Wide Web Institute,  Inc.
based in Toronto,  Canada for  conversion  of its $844,000 of loans into equity,
and assignment of shares to the Company.  Management of the Company is currently
evaluating  the  acquisition  as to which  parameters  it falls  within  for SEC
reporting  guidelines.  The Company  expects to file the  appropriate  financial
statements for the Canadian company on Form 8K within 60 days.

In January  2000,  the  Company  made a limited  45-day  offer to holders of its
2-year  warrants with a $2.25 exercise  price.  For each warrant  exercised into
common  stock  during this period,  the Company  offered to issue an  additional
2-year  warrant  exercisable  at $8 per  share.  The  Company  has  received  an
additional $610,200 from the exercise of 271,200 warrants.


Item 6 - Exhibits and Reports on Form 8-K

   None







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

                                   SIGNATURES

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

                                            WorldWideWeb Institute.com, Inc.


February  14, 1999                          /s/ Smiley J. Sansoni.
                                            ------------------------------------
                                                      Smiley J. Sansoni.
                                                 President, Director and
                                                 Chief Executive Officer

February 14, 1999                           /s/ Ernest D. Chu
                                            ------------------------------------
                                                      Ernest D. Chu
                                                Chief Financial Officer
                                                and Director




                                                                              18