SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC  20549
                                   FORM 10-QSB
     (Mark  One)


[X]  Quarterly report under Section 13 or 15(d) of the Securities
     Exchange Act of  1934

     For  the  quarterly  period  ended  Sept 30,  2001
                                         --------------

[ ]  Transition report under Section 13 or 15(d) of the Exchange Act

     For  the  transition  period  from ___________ to ___________

     Commission file number          0-27043
                           -----------------------------------------------------

                                E-VIDEOTV, INC.
--------------------------------------------------------------------------------
        (Exact Name of Small Business Issuer as Specified in its Charter)

          Delaware                                           51-0389325
--------------------------------                   -----------------------------
(State or Other Jurisdiction of                              IRS Employer
Incorporation or Organization)                            Identification No.)

        7333 East Doubletree Ranch Road, Suite 205, Scottsdale, AZ 85258
--------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)

                                  480-778-1499
--------------------------------------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)

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

     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
    ---           ---

                     APPLICABLE ONLY TO ISSUERS INVOLVED IN
                        BANKRUPTCY PROCEEDINGS DURING THE
                              PRECEDING FIVE YEARS

     Check whether the registrant filed all documents and reports required to be
filed  by  Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities  under  a  plan  confirmed  by  a  court.

Yes           No
    ---           ---

                      APPLICABLE ONLY TO CORPORATE ISSUERS
     State  the  number of shares outstanding of each of the issuer's classes of
common  shares,  as  of  the  latest  practicable  date:  16,817,934

     Transitional  Small  Business  Disclosure  Format  (check  one):

Yes           No   X
    ---           ---


<PAGE>
                                E-VIDEOTV, INC.
                                   FORM 10-QSB
                  FOR THE QUARTERLY PERIOD ENDED SEPT 30, 2001

                                TABLE OF CONTENTS

PART I  FINANCIAL INFORMATION . . . . . . . . . . . . . . . . . . . . . .      2

     Item 1.     Financial Statements . . . . . . . . . . . . . . . . . .      2

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

PART II  OTHER INFORMATION. . . . . . . . . . . . . . . . . . . . . . . .      3

     Item 1.     Legal Proceedings. . . . . . . . . . . . . . . . . . . .      3

     Item 2.     Changes in Securities. . . . . . . . . . . . . . . . . .      3

     Item 3.     Defaults Upon Senior Securities. . . . . . . . . . . . .      3

     Item 4.     Submission of Matters to a Vote of Security Holders. . .      3

     Item 5.     Other Information. . . . . . . . . . . . . . . . . . . .      3

     Item 6.     Exhibits and Reports on Form 8-K.. . . . . . . . . . . .      3

SIGNATURES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      4



                                     PART I
                              FINANCIAL INFORMATION
ITEM 1.     FINANCIAL STATEMENTS.

The following financial statements are included as part of this quarterly
report:

Unaudited Consolidated Balance Sheet at Sept 30, 2001 and December 31, 2000. . .

Unaudited Consolidated Statement of Operations for the period from inception,
March 5, 1999, to Sept 30, 2001, and the nine months ended Sept 30, 2001

Unaudited Consolidated Statement of Cash Flows for the period from inception,
March 5, 1999, to Sept 30, 2001, and the nine months ended Sept 30, 2001. . . .

Unaudited Consolidated Statement of Shareholders' Equity for the period from
inception, March 5, 1999, to Sept 30, 2001 . . . . . . . . . . . . . . . . . . .

Notes to the Unaudited Consolidated Financial Statements . . . . . . . . . . . .


<PAGE>
<TABLE>
<CAPTION>
E-VIDEOTV, INC.
(A Development Stage Company)
UNAUDITED CONSOLIDATED BALANCE SHEET
(Expressed  in  U.S.  Dollars)

                                                                  September 30    December 31
                                                                      2001           2000
<S>                                                              <C>             <C>
ASSETS
Current
  Cash                                                           $     227,546   $      2,276
  Accounts receivable and prepaids                                      26,000          9,176
  Prepaid royalties (Note 3)                                            85,783              -
                                                                 --------------  -------------

                                                                       339,329         11,452
Computer equipment                                                      31,299         19,622
Distribution rights and software development (Note 3)                  998,899      1,229,418
Advances to Ziracom Digital Communications Inc. (Note 4)               106,050              -
Debt issue costs (Note 7)                                              140,948              -
                                                                 --------------  -------------

                                                                 $   1,616,525   $  1,260,492
                                                                 ==============  =============
==============================================================================================
LIABILITIES
Current
  Accounts payable and accrued liabilities (Note 5)              $     286,858   $    495,149
  Loans from related parties (Note 6)                                  111,177         99,000
  Convertible debentures (Note 7)                                      120,930              -
                                                                 --------------  -------------

                                                                       518,965        594,149
                                                                 --------------  -------------
SHAREHOLDERS' EQUITY
Capital stock (Note 8)
  Authorized:
    100,000,000  shares of common stock, $0.0001 par value
       5,000,000  shares of preferred stock, $0.0001 par value
  Issued and outstanding:
      18,367,318  (2000:  16,757,072) common shares                      1,837          1,676
    Additional paid-in capital                                       5,071,380      3,328,136
    Share subscriptions                                                113,500         45,000
                                                                 --------------  -------------

                                                                     5,186,717      3,374,812
Deficit accumulated during the development stage                    (4,089,157)    (2,708,469)
                                                                 --------------  -------------

                                                                     1,097,560        666,343
                                                                 --------------  -------------

                                                                 $   1,616,525   $  1,260,492
                                                                 ==============  =============
==============================================================================================

Continuance of operations (Note 1)

Commitments (Note 10)

        See accompanying notes to the consolidated financial statements
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
E-VIDEOTV, INC.
(A Development Stage Company)
UNAUDITED CONSOLIDATED STATEMENT OF OPERATIONS
(Expressed  in  U.S.  Dollars)

                                            Cumulative    Three Months    Three Months     Nine Months     Nine Months
                                         March 5, 1999           Ended           Ended           Ended           Ended
                                       to September 30    September 30    September 30    September 30    September 30
                                                  2001            2001            2000            2001            2000

<S>                                   <C>                <C>             <C>             <C>             <C>
Revenue                               $              -               -   $           -   $           -   $           -
                                      -----------------  --------------  --------------  --------------  --------------

General and administrative expenses
  Amortization                                 546,363          82,532               -         238,761               -
  Compensation expense for stock
    option                                     392,583               -               -               -               -
  Corporate promotion                          224,398          32,440          22,809          63,193          88,519
  General corporate expenses                   189,920          23,202          21,644          52,809          69,766
  Interest expense                             177,948         177,948               -         177,948               -
  Management and consulting fees             1,184,539         156,469          65,156         444,634         350,993
  Office expenses                              170,856          16,705          19,787          55,716          49,815
  Professional fees                            336,971          28,559          34,112          88,600          65,022
  Rent                                         117,469           8,322           5,601          39,880          21,538
  Royalties                                    166,667          62,500               -         166,667               -
  Travel                                       168,787          30,198          18,063          53,799          71,428
                                      -----------------  --------------  --------------  --------------  --------------
                                             3,676,501         618,875         187,172       1,382,007         717,081

Write-off software development
  costs (Note 3)                               424,031               -               -               -               -

Interest income                                (11,375)         (1,319)             (5)         (1,319)         (1,195)
                                      -----------------  --------------  --------------  --------------  --------------

Net loss                              $      4,089,157   $     617,556   $     187,167   $   1,380,688   $     715,886
                                      =================  ==============  ==============  ==============  ==============

Weighted average number of
  common shares outstanding                                 18,308,959       9,789,056      16,657,738       9,460,622
                                                         ==============  ==============  ==============  ==============

Net loss per share, basic and
  diluted                                                $        0.03   $        0.02   $        0.08   $        0.08
                                                         ==============  ==============  ==============  ==============
=======================================================================================================================

        See accompanying notes to the consolidated financial statements
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
E-VIDEOTV, INC.
(A Development Stage Company)
UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOWS
(Expressed  in  U.S.  Dollars)

                                                              Cumulative     Nine Months     Nine Months
                                                           March 5, 1999           Ended           Ended
                                                         to September 30    September 30    September 30
                                                                    2001            2001            2000
<S>                                                     <C>                <C>             <C>
CASH DERIVED FROM (APPLIED TO)

  OPERATING
    Net loss                                            $     (4,089,157)  $  (1,380,688)  $    (715,886)
    Compensation expense for stock options                       392,583               -               -
    Write-off software development costs                         424,031               -               -
    Depreciation and amortization                                556,297         238,761             741
    Debenture discount and issue cost amortization               158,913         158,913               -
    Interest paid in shares                                          224             224               -
    Change in non-cash operating working capital
      Receivables and prepaids                                   (13,396)        (16,824)         (6,622)
      Prepaid royalties                                          (85,783)        (85,783)              -
      Payables and accruals                                      546,628          83,709         (50,658)
                                                        ----------------  ---------------  --------------

                                                              (2,109,660)     (1,001,688)       (772,425)
                                                        ----------------  ---------------  --------------
  FINANCING
    Proceeds from issuance of common shares                    1,538,101         444,500       1,048,600
    Convertible debentures issued                              1,000,000       1,000,000               -
    Convertible debenture issue costs                           (163,250)       (163,250)              -
    Loans from related parties                                   170,677          71,677          92,500
    Loans from parent company prior to acquisition               115,000               -               -
    Cash acquired on acquisition of parent company             1,001,481               -               -
                                                        ----------------  ---------------  --------------

                                                               3,662,009       1,352,927       1,141,100
                                                        ----------------  ---------------  --------------
  INVESTING
    Advances to Ziracom Digital Communications Inc.             (106,050)       (106,050)              -
    Distribution rights                                         (300,000)              -               -
    License                                                     (445,000)              -        (415,000)
    Software development                                        (424,031)              -         (23,776)
    Office equipment                                             (49,722)        (19,919)        (19,514)
                                                        ----------------  ---------------  --------------

                                                              (1,324,803)       (125,969)       (458,290)
                                                        ----------------  ---------------  --------------

Increase (decrease) in cash                                      227,546         225,270         (89,615)

Cash, beginning of period                                              -           2,276         105,002
                                                        ----------------  ---------------  --------------

Cash, end of period                                     $        227,546   $     227,546   $      15,387
                                                        ================  ===============  ==============

NON-CASH ACTIVITIES NOT INCLUDED IN CASH FLOWS
  Ascribed value of shares issued to acquire copy
    protection license                                  $        791,773   $           -   $     791,773
  Cancellation of loans from parent company on
    acquisition                                         $        115,000   $           -   $           -
  Ascribed value of shares issued in excess of cash
    acquired on acquisition of parent company           $         95,374   $           -   $           -
  Shares issued to pay management fees                  $        238,000   $     238,000   $           -
  Shares issued on conversion of debentures             $         15,681   $      15,681   $           -
  Shares issued to pay debenture interest               $            224   $         224   $           -
  Shares subscribed to settle trade payables            $         54,000   $      54,000   $           -
  Shares subscribed to settle loan from related party   $         59,500   $      59,500   $           -
=========================================================================================================

        See accompanying notes to the consolidated financial statements.
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
E-VIDEOTV, INC.
(A Development Stage Company)
UNAUDITED CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
(Expressed  in  U.S.  Dollars)
Inception,  March  5,  1999,  to  September  30,  2001

                                                         Additional                                            Total
                                        Number     Par      Paid-in            Share                    Shareholders'
                                     of Shares   Value      Capital    Subscriptions          Deficit         Equity
                                     ----------  ------  -----------  ---------------  ---------------  ------------
<S>                                  <C>         <C>     <C>          <C>              <C>              <C>
Issuance of shares for cash on
  incorporation                               1  $    1  $        -   $            -   $            -   $         1

Adjustment for change in share
  structure resulting from
  acquisition of e-Video U.S.A.,
  Inc.                                6,623,015     661        (661)               -                -             -

Shares outstanding at date of
  acquisition of e-Video U.S.A.,
  Inc., previously issued for cash,
  net of issue costs                  8,965,343     897   1,095,958                -                -     1,096,855

Net loss, inception to December 31,
   1999                                      -        -           -                -         (478,037)     (478,037)
                                     ----------  ------  -----------  ---------------  ---------------  ------------

Balance, December 31, 1999           15,588,359   1,559   1,095,297                -         (478,037)      618,819

Issuance of shares for cash             666,000      67   1,048,533                -                -     1,048,600

Issuance of shares to acquire copy
  protection license                    502,713      50     791,723                -                -       791,773

Share subscriptions received                  -       -           -           45,000                -        45,000

Compensation expense for stock
  options                                     -       -     392,583                -                -       392,583

Net loss, year ended December 31,
       2000                                   -       -           -                -       (2,230,432)   (2,230,432)
                                     ----------  ------  -----------  ---------------  ---------------  ------------

Balance, December 31, 2000           16,757,072   1,676   3,328,136           45,000       (2,708,469)      666,343

Issuance of shares for cash             633,000      63     488,937          (45,000)               -       444,000

Issuance of shares to pay
  management fees                       915,384      92     237,908                -                -       238,000

Issuance of shares on exercise of
  stock options                           1,000       -         500                -                -           500

Share subscriptions received                  -       -           -          113,500                -       113,500

Beneficial conversion feature of
  debentures                                  -       -     513,400                -                -       513,400

Value of warrants issued as part of
  debentures                                  -       -     486,600                -                -       486,600

Issuance of shares on conversion
  of debentures and interest
                                         60,862       6      15,899                -                -        15,905
Net loss, period ending
September 30, 2001                            -       -           -                -       (1,380,688)   (1,380,688)
                                     ----------  ------  -----------  ---------------  ---------------  ------------

Balance, September 30, 2001          18,367,318  $1,837  $5,071,380   $      113,500   $   (4,089,157)  $ 1,097,560
                                     ==========  ======  ===========  ===============  ===============  ============
====================================================================================================================

        See accompanying notes to the consolidated financial statements.
</TABLE>


<PAGE>
E-VIDEOTV,  INC.
(A  Development  Stage  Company)
NOTES  TO  THE  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  U.S.  Dollars)
September  30,  2001
(Unaudited)


1.   BASIS  OF  PRESENTATION

The  condensed consolidated balance sheets as of September 30, 2001 and December
31,  2000,  the  condensed consolidated statements of earnings for the three and
nine  month  periods  ended  September  30,  2001  and  2000  and  the condensed
consolidated  statements  of  cash flows for the nine months ended September 30,
2001  and  2000, have been prepared by the Company without audit. In the opinion
of management, all adjustments (which include only normal recurring adjustments)
necessary  to  present  fairly the financial position, results of operations and
changes  in  cash  flows  at  September  30,  2001  and  2000  have  been  made.

Certain  information  and  footnote  disclosures  normally included in financial
statements  prepared in accordance with accounting principles generally accepted
in  the United States of America have been condensed or omitted. It is suggested
that  these  condensed  consolidated financial statements be read in conjunction
with  the  financial  statements  and  notes  thereto  included in the Company's
December  31,  2000 Form 10-K filed with the Securities and Exchange Commission,
Washington,  D.C.  20549. The results of operations for the three and nine month
periods  ended September 30, 2001 and 2000 are not necessarily indicative of the
operating  results  for  the  full  year.

The  company  has  not yet commenced its planned principal operations and it has
not  yet  earned  any  revenue.  The  company's  current operational focus is to
acquire  technologies  and  patent  rights related to the electronic delivery of
movies and videos and to sub-license those technologies and rights.  The company
has  acquired  the  exclusive  rights  in  the  U.S.A.  to  license  the  use of
Macrovision Corporation's analog copy protection for digital video transmissions
received  in  Faster-Than-Real-Time ("FTRT").  The company also has an agreement
with  U.S.A. Video Interactive Corp. to exclusively sub-license their "Store and
Forward  Video  System"  patent  in  areas related to digital set-top boxes with
hard-drives  in  the  U.S.A.

The  company  expects  the  delivery  of  digital  set-top  boxes  with  caching
hard-drives  suitable  for  FTRT  operations to grow substantially over the next
several  years.  The  company  also  intends to activate and acquire licenses in
other  territories  and will require cash significantly in excess of its current
resources  to  complete  its  plan.  The  ability  of the company to execute its
business  plan  is  dependent  on  the  company's  ability  to obtain additional
financing.

The  company  is  devoting significant efforts to obtaining private financing to
fund  the  continued  development  and  acquisition  of  related  technologies.

These financial statements have been prepared on the basis that the company is a
going concern.  These financial statements do not include adjustments that would
be  necessary  should  the  company  be  unable  to continue as a going concern.

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

2.   RECENT  ACCOUNTING  PRONOUNCEMENTS

On  July  20,  2001,  the  Financial  Accounting  Standards  Board (FASB) issued
Statement  of  Financial Accounting Standards (SFAS) 141, Business Combinations,
and  SFAS  142,  Goodwill  and Intangible Assets.  SFAS 141 is effective for all
business  combinations completed after June 30, 2001.  SFAS 142 is effective for
fiscal  years  beginning after December 15, 2001; however, certain provisions of
this  Statement  apply  to goodwill and other intangible assets acquired between
July  1,  2001  and  the  effective date of SFAS 142.  Major provisions of these
Statements  and  their  effective  dates  for  the  company  are  as  follows:

     -    all  business  combinations initiated after June 30, 2001 must use the
          purchase  method  of  accounting.  The  pooling  of interest method of
          accounting is prohibited except for transactions initiated before July
          1,  2001.
     -    intangible  assets acquired in a business combination must be recorded
          separately from goodwill if they arise from contractual or other legal
          rights  or  are  separable  from  the acquired entity and can be sold,
          transferred,  licensed, rented or exchanged, either individually or as
          part  of  a  related  contract,  asset  or  liability.
     -    goodwill, as well as intangible assets with indefinite lives, acquired
          after June 30, 2001, will not be amortized. Effective January 1, 2002,
          all  previously  recognized  goodwill  and  intangible  assets  with
          indefinite  lives  will  no  longer  be  subject  to  amortization.
     -    effective  January  1,  2002,  goodwill  and  intangible  assets  with
          indefinite  lives  will be tested for impairment annually and whenever
          there  is  an  impairment  indicator.
     -    all acquired goodwill must be assigned to reporting units for purposes
          of  impairment  testing  and  segment  reporting.

Although  it is still reviewing the provisions of these Statements, management's
preliminary  assessment is that these Statements will not have a material impact
on  the  company's  financial  position  or  results  of  operations.


<PAGE>
E-VIDEOTV,  INC.
(A  Development  Stage  Company)
NOTES  TO  THE  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  U.S.  Dollars)
September  30,  2001
(Unaudited)


3.   DISTRIBUTION  RIGHTS  AND  SOFTWARE  DEVELOPMENT

Includes  the net cost to date of an exclusive license to use certain technology
for  the  analog  copy  protection  of  digital  video transmissions received in
Faster-Than-Real-Time  and  stored  in  home  devices on set-top boxes for later
viewing.  This  five  year license ends January 31, 2005.  There is an extension
provision  to January 31, 2010.  Usage royalties of 1% of gross transaction fees
are  payable  to the licensor.  Minimum annual royalties of $250,000 are payable
in  advance on January 31 each year from 2000 until 2004.  Should the license be
extended,  royalties  of  $350,000  are  payable  each  January  31.

The  company wrote off software costs of approximately $424,000 in December 2000
as  these  software development costs were no longer applicable in the company's
current  business  model  of  licensing.

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

4.   ADVANCES  TO  ZIRACOM  DIGITAL  COMMUNICATIONS,  INC.

Subsequent  to  September  30,  2001, the company acquired all of the issued and
outstanding  shares  of  Ziracom  Digital Communications, Inc. ("Ziracom") (Note
11).  The advances to Ziracom are non-interest bearing until October 31, 2001 at
which  time they are due.  If the advances are not repaid by October 31, 2001, a
debenture  is to be issued to the company covering all of the assets of Ziracom.
The  debenture  is  to be due October 31, 2002 and pay interest at 9% per annum.

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

<TABLE>
<CAPTION>
5.    ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
                                                          September 30    December 31
                                                                  2001           2000
                                                          -------------  ------------
<S>                                                       <C>            <C>

Accrued management fees                                   $     156,000  $    223,000
Trade payables                                                  130,858       272,149
                                                          -------------  ------------

                                                          $     286,858  $    495,149
                                                          =============  ============

6.    LOANS FROM RELATED PARTIES
                                                           September 30   December 31
                                                                   2001          2000
                                                          -------------  ------------

Loans from directors with no specific terms of repayment  $      84,177  $     51,500
Demand loan from a shareholder.  Interest free until
  August 16, 2001 and bears interest at U.S. prime
  plus 2% thereafter                                                  -        47,500
Loans from shareholders bearing no interest, unsecured
  and repayable at $3,000 per month                              27,000             -
                                                          -------------  ------------

                                                          $     111,177  $     99,000
                                                          =============  ============
</TABLE>


<PAGE>
E-VIDEOTV,  INC.
(A  Development  Stage  Company)
NOTES  TO  THE  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  U.S.  Dollars)
September  30,  2001
(Unaudited)


7.   CONVERTIBLE  DEBENTURES

On  July  6,  2001, the company received $1,000,000 from the sale of convertible
debentures and warrants to purchase up to 666,666 shares of the company's common
stock  (Note 8).  The principal on the debentures is due June 6, 2003.  Interest
at  8%  per  annum  on  the  debenture  principal  outstanding  is due quarterly
commencing  September  30,  2001.  The  debentures  and  any  unpaid and accrued
interest  may be converted at the option of the holder into common shares of the
company.  The conversion price per share is the lesser of $0.4747 and 80% of the
average of the three lowest closing prices of the common shares on the principal
market  where  the  shares trade for the sixty trading days prior to conversion.

The  company may redeem the convertible debentures on five days notice by paying
the  holders  145%  of  the  principal outstanding plus accrued interest, if the
repayment  is  made  by  January  2,  2002;  otherwise,  190%  of  the principal
outstanding  plus  accrued  interest.  Upon  receiving the repayment notice, the
debenture  holders have the option of converting the debentures to common shares
within  five  days.

The  company has determined the fair value of the warrants to be $486,600, using
the  Black  Scholes option-pricing model.  This warrant value is reflected as an
addition  to  paid-in  capital  and  a  discount  to  the  debenture  principal.

The  debentures  contain  a "beneficial conversion" feature as the fair value of
the  underlying  stock  was  greater than the fair value of the debenture at the
date  of  issuance.  The  value  of  the  beneficial conversion feature has been
calculated  as  $513,400,  which  has  been recognized as an addition to paid-in
capital  and  a  discount  to  the  debenture  principal.

The  discounts  to  the  debenture  principal are amortized over the life of the
debentures as interest expense.  Any unamortized discounts related to debentures
converted  to common stock are written off as interest expense at the conversion
date.

The  company  incurred  $163,750 in cash commissions and expenses related to the
issuance  of  the debentures, which has been recognized as a deferred cost to be
amortized  by  the  interest  method  over the term of the debt. Any unamortized
issue  costs  related to debentures converted to common stock are written off as
interest  expense  at  the  conversion  date.

The  following  table  summarizes the activity in the debentures during the nine
months  ended  September  30,  2001.

                                          Convertible Debentures
                                      -------------------------------  Deferred
                                      Principal   Discounts  Net Book   Issue
                                                               Value    Costs

Debentures issued on July 6, 2001     1,000,000   1,000,000         -  163,250
Debentures converted to common stock    (15,681)    (15,681)        -   (2,560)
Amortization of discounts                     -    (120,930)  120,930  (19,742)
                                      -----------------------------------------
Balance, September 30, 2001             984,319     863,389   120,930  140,948
                                      =========================================

The  company  has not made its September 30, 2001 interest payment of $18,811 as
required  under  the  terms  of  the  convertible  debenture  agreements.
Notwithstanding  this  technical  default, the creditor has agreed not to demand
repayment  of  the  loan.


<PAGE>
E-VIDEOTV,  INC.
(A  Development  Stage  Company)
NOTES  TO  THE  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  U.S.  Dollars)
September  30,  2001
(Unaudited)


8.   CAPITAL  STOCK

AUTHORIZED  CAPITAL

During  2000 the company increased its authorized capital from 30,000,000 common
shares  with  a par value of $0.0001, to 100,000,000 shares of common stock, par
value  $0.0001  per  share  and  5,000,000  shares of preferred stock, par value
$0.0001  per  share.

WARRANTS

The following warrants to purchase shares of common stock were issued during the
nine  months ended September 30, 2001 and are outstanding at September 30, 2001:

<TABLE>
<CAPTION>
   Number of
shares issuable
  on exercise    exercise price per share          expiry date       particulars of issuance
-----------------------------------------------------------------------------------------------
<C>              <S>                              <C>             <C>

588,000          0.30 until March 15, 2002       March 15, 2003  issued in connection with the
                 and $0.50 after then                             issuance of shares for cash

666,666          the lesser of $0.73 and          July 6, 2006    issued in connection with the
                 120% of the average of the                       issuance of the convertible
                 three lowest closing prices of                   debenture (Note 7)
                 the  common  shares  on  the
                 principal market  where  the
                 shares  trade  for  the  ten
                 trading days prior to exercise
</TABLE>

STOCK  OPTIONS

The  following  table  summarizes  outstanding  and exercisable share options at
September  30,  2001:

                   Options Outstanding and Exercisable
              -------------------------------------------------
                                           Average    Weighted
                                         Remaining     Average
                                       Contractual    Exercise
                   Number                     Life       Price
              Outstanding   Grant Date  (In Years)   Per Share
              -----------  -----------  -----------  ----------

                1,069,000     11/30/00         4.17  $     0.50
                3,600,000     01/12/01         4.29        0.25
              -----------               -----------  ----------
                4,669,000                      4.26  $     0.31
              ===========               ===========  ==========

The company granted options to purchase 3,600,000 shares of the company's common
stock  to directors during the nine months ended September 30, 2001.  No expense
has  been  recorded  related  to  these  options.


<PAGE>
E-VIDEOTV,  INC.
(A  Development  Stage  Company)
NOTES  TO  THE  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  U.S.  Dollars)
September  30,  2001
(Unaudited)


8.   CAPITAL  STOCK  (Continued)

SHARE  SUBSCRIPTIONS

<TABLE>
<CAPTION>
                                        September 30, 2001     December 31, 2000
                                      ---------------------  ---------------------
                                       Number      Amount     Number      Amount
                                      ---------  ----------  ---------  ----------
<S>                                   <C>        <C>         <C>        <C>
Share subscriptions received                                    45,000      45,000
Shares to be issued in settlement of
 trade payables                         180,000      54,000          -           -
Shares to be issued in settlement of
 loan from related party                119,000      59,500          -           -
                                      ---------  ----------  ---------  ----------
                                        299,000  $  113,500     45,000  $   45,000
                                      =========  ==========  =========  ==========
</TABLE>

ESCROWED  SHARES

During  1999,  a  former director of the company placed 345,000 shares of common
stock  into  escrow.  These  shares  were  released  to  the  former director on
February  9,  2001.

In  addition,  all  of  the 6,623,016 common shares issued on the acquisition of
e-VideoTV,  Inc.  were  held  in escrow at December 31, 2000.  These shares were
released  from  escrow  on  February  9,  2001.

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

9.   INCOME  TAXES

At  September  30, 2001, the company had net operating losses carried forward of
approximately  $3,500,000  (December  31,  2000:  $2,100,000)  that  may  offset
against  future  taxable  income  until 2020.  The potential tax benefits of the
losses carried forward are offset by a valuation allowance of the same amount as
there is substantial uncertainty that the losses carried forward will not expire
unused.

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

10.  COMMITMENTS

ADVISORY  SERVICES  AGREEMENT

On  January  30,  2001,  the company entered into a 12 month exclusive agreement
with  a  financial advisory company, which will provide advisory services to the
company  in  the  areas of corporate finance and capital placement transactions.
Compensation  varies  depending on the type of service rendered and will be paid
out  of  the  proceeds  of  any  financing  obtained  by this financial advisory
company.  The  agreement  specifies a minimum fee of $250,000 to be paid only if
financing  is  secured.

PATENT  LICENSING  AGREEMENT

On  June 27, 2001, the company entered into a short form sub-licensing agreement
for certain digital video delivery technology with an international designer and
supplier  of  high-tech  internet  streaming  video and video-on-demand systems,
services  and  innovative  end-to-end  solutions.

In  consideration  of this sub-license, the company has agreed to issue $300,000
of  its  common shares on the date a long form agreement is signed.  The parties
have  yet  to  finalize  this  long  form  agreement.


<PAGE>
E-VIDEOTV,  INC.
(A  Development  Stage  Company)
NOTES  TO  THE  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS
(Expressed  in  U.S.  Dollars)
September  30,  2001
(Unaudited)


10.  COMMITMENTS  (Continued)

Under the short form agreement, the company has committed to certain performance
milestones  in regard to royalties to be generated from the exploitation of this
sub-license.  Specifically,  the  company  has  agreed  to generate a minimum of
$250,000 of gross royalty fees in year 1, $500,000 in year 2, $1,000,000 in year
3  and in years 4 and thereafter the company agrees to grow these royalties at a
rate  of  15%  per  annum.  The  company  will  be entitled to retain 50% of all
royalties  generated  in  the  event  these  minimum  royalty  targets  are met.

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

11.  SUBSEQUENT  EVENT

On August 24, 2001, the company agreed to purchase all of the outstanding shares
of  Ziracom  Digital  Communications,  Inc.,  a  Delaware  corporation  with its
principal  offices  located  in Vancouver, British Columbia, Canada, in exchange
for  8,655,138  shares  of  common  stock  in  the  company.

The agreement was approved by a majority of the shareholders of both the company
and  Ziracom  on  October  23,  2001.

Of  the  8,655,138 shares to be issued, 4,327,569 shares will be held in escrow.
The  escrowed shares will be released over a twelve month period, contigent upon
Ziracom's  performance,  as  follows:

1.   1,081,892 shares will be released if Ziracom achieves sales of $382,000 for
     the  period  August  1,  2001  to  January  31,  2002;

2.   1,081,892  shares  will be released if Ziracom completes version 4.0 of its
     product  Alpha Omega. The version must be ready for market and must achieve
     a  file  size  of  70%  of original file size (based on Alpha Omega Version
     3.2),  have Digital Rights Management (DRM) ability, and be compatible with
     Media  Player  versions  7  and  8  and  Windows  CE for hand-held devices.

3.   2,163,785  shares  will be released if Ziracom achieves pre-tax earnings of
     $1,406,460  by July 31, 2002.

If the market price of the company's common shares at the release date is less
than $0.50 per share, additional shares will be issued to effect the same value
as if the market price was at $0.50 per share.


<PAGE>
                      MANAGEMENT'S DISCUSSION AND ANALYSIS
                OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

RESULTS OF OPERATIONS

     The  Company  continues  to  formulate  its  plan  of  operation  to market
technologies  related to video delivery, video compression, and video-on-demand.
The  Company  has  recently  signed  an agreement (June 27, 2001) with USA Video
Interactive  Corp  to license exclusively, the rights to sublicense their "Store
and  Forward  Video  System"  patent  for broadband applications in the USA. The
Company  and USA Video are preparing the long form agreement which is not as yet
finalized.  The  Company  intends  to  sublicense this technology to set-top-box
manufacturers  and  cable,  satellite, and broadband operators. The Company also
has  exclusive rights in the USA to license the use of Macrovision Corporation's
analog  copy  protection  on digital video transmissions received in Faster Than
Real  Time  (FTRT)  and  stored  in home devices such as set-top boxes for later
viewing.

     On  August  24,  2001 the Company signed an agreement to acquire all of the
issued  and  outstanding shares of Ziracom Digital Communications Inc., a Nevada
corporation  with  principal  offices  located  in  Vancouver, British Columbia,
Canada,  carrying  out the business of development and sale of video compression
technologies. Ziracom's proprietary video compression technologies offer several
advantages  for  video  transmission in the entertainment, Internet and wireless
industries.  The  agreement  calls  for  the  issuance  of  a total of 8,655,138
restricted  common shares of the Company. This transaction closed on October 23,
2001  after  a majority of the shareholders of Ziracom approved the transaction.
The  agreement called for the issuance on closing of 4,327,569 restricted common
shares  with  the  remaining 4,327,569 common shares to be held in escrow. These
escrowed  shares  will  be  released  over  a  12-month  period, contingent upon
Ziracom's  performance:

     1.   1,081,892  restricted  shares  issued  if  Ziracom  achieves  a  sales
               objective  of  $382,000  for the period August 1, 2001 to January
               31,  2002

     2.   1,081,892 restricted shares issued if Ziracom completes version 4.0 of
               its compression technology. This version must be ready for market
               and  must  achieve a file size of 70% of the file size in version
               3.2. (i.e. a 30% improvement) and it must also be compatible with
               Media Player version 7 and version 8 and Windows CE for hand-held
               devices.

     3.   2,163,785  restricted  shares issues if Ziracom achieves its target of
               pre-tax  earnings  of  $1,406,060 by July 31, 2002.

     A  floor  price  of $0.50 per share will be established for all releases of
escrow  stock.  In the event the market price at the release date is below $0.50
per  share  then additional shares will be issued to effect the same value as if
the  market  price  was  at  $0.50  per  share.

     The  Company  intends to market these various technologies and sub-licenses
to companies involved in broadband video delivery, entertainment video, Internet
video  streaming,  wireless  video  applications,  and  video-on-demand.


<PAGE>
LIQUIDITY  AND  CAPITAL  RESOURCES

     The  Company  has no revenues to date, but anticipates revenue in the first
quarter  of  2002.  During  the  quarter  ending September 30, 2001, the Company
incurred losses of $617,556 bringing losses for the nine months ending September
30, 2001 to $1,380,688. The accompanying financial statements have been prepared
on  the  basis  that the Company is a going concern. The financial statements do
not  include adjustments that would be necessary should the Company be unable to
continue  as  a  going  concern.


     During  the  quarter  ending  September  30,  2001,  the  Company  received
$1,000,000  from  the sale of 8% convertible debentures, due June 6, 2003. There
are quarterly interest payments commencing September 30, 2001, and the principal
amount  of  the  debenture is due in one lump sum on June 6, 2003. The number of
shares  of  common  stock  to  be  issued  upon  conversion  of  the convertible
debentures  is  based  on the current calculation of a floating conversion price
and  could  amount  to  as  much  as 4,761,905. In addition, 666,666 warrants to
purchase  shares  of our common stock were issued to the firm in connection with
this financing. These warrants have an exercise price of approximately $0.40 per
share.

     The  floating conversion price for the convertible debentures is the lesser
of  (i)  80% of the average of the three lowest closing bid prices of the common
stock for the twenty (20) trading days prior to the closing date, or (ii) 80% of
the  average  of the three lowest closing bid prices of the common stock for the
sixty  (60)  trading  days  prior  to  the  conversion  date,  as defined in the
convertible  debenture.  The  maximum  number of shares of common stock that the
subscriber  or  group  of affiliated subscribers may own after conversion at any
given  time is 4.99%. In connection with the financing, the company entered into
certain  covenants including, but not limited to, the following: (i) the company
may  not  redeem  the  convertible debentures without the consent of the holder;
(ii)  the company will pay to certain finders a cash fee of ten percent (10%) of
the  principal  amount  of  the  convertible  debentures  for  location  of  the
financings; (iii) the company has agreed to incur certain penalties for untimely
delivery  of  the  shares.

          In February 2001, the Company prepaid its royalties to Macrovision for
the  year  2001  in  accordance with the terms of its agreement. The Company has
complied  with  all requirements of its agreement with Macrovision Corp to date,
and  is  cognizant  of  its obligations both now and in the future regarding its
commitment  to Macrovision. The Company currently does not have sufficient funds
to  carry  it  through  the  next  12 months without additional funding. It will
therefore  continue  to  pursue  private  placements,  loans,  and  any  other
appropriate  terms  of  financing.


<PAGE>
     In  the  next 12 months, the Company estimates it will require funding for:
marketing,  acquiring  additional  patents  and  licenses,  further research and
development,  and  general  working  capital.  Depending on the rollout of these
items,  and  development  of  markets,  funding  requirements  could  range from
$1,000,000  -  $5,000,000.  In  addition  to the convertible debenture described
above,  the  Company  has  financed  its  development  stage  to date by private
placements  of  common stock. It also recognizes that it currently does not have
sufficient  funds  to finance its operation over the next 12 months. The Company
plans  to  complete  additional  financings  to provide the necessary funds. The
inability  of  the  Company  to arrange necessary financing will have a material
adverse  effect  on  proposed  operations.

     In the coming year, the company intends to undertake additional R&D related
to  advancing  its video compression technology and adapting it for a variety of
emerging  video  applications.  The Company intends to work closely with various
manufacturers  and  vendors  as  appropriate  to  create  licensing and/or joint
venture  relationships.

     As  well,  the  Company  intends  to explore the acquisition of patents and
technologies related to its VOD licensing activities. Currently the company does
have  the  resources  to complete these initial R&D efforts but will continue to
seek  additional  financing  to  achieve  its  long-term  goals.

     The  Company  further  recognizes  that  its  development  schedule will be
delayed  unless  additional  capital  required  is  available  when  needed.

     Inflation has not been a factor during the quarter ending September 30,
2001.


<PAGE>
                                    PART II

                                OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS.

There are no reportable legal proceedings.

ITEM 2.     CHANGES IN SECURITIES.

There are no changes in the Company's securities.

ITEM 3.     DEFAULTS UPON SENIOR SECURITIES.

There have been no defaults upon senior securities.

ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No matters were submitted to a vote of security holders during the six months
ended June 30, 2001.

ITEM 5.     OTHER INFORMATION.

The Company has no other information to report.

ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K.

(a)     Exhibits.

None.

(b)     Reports on Form 8-K.

The Company filed a Form 8-K  in October 2001 re the acquisition of Ziracom
Digital Communications Inc.


<PAGE>
                                   SIGNATURES

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

                                   E-VIDEOTV, INC.

Date     November 16, 2001                   By       /s/ Robert G. Dinning
         -----------------                   -----------------------------------
                                             Robert G. Dinning
                                             President (Chief Executive Officer)

Date     November 16, 2001                    By       /s/ Robert G. Dinning
         -----------------                   -----------------------------------
                                             Robert G. Dinning
                                             Chief Financial Officer


<PAGE>