UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549

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

                                   FORM 10-QSB

(Mark  one)
[X]  Quarterly  report  under section 13 or 15(d) of the Securities Exchange
     Act of 1934
For the quarter ended  March 31, 2002
                       --------------

OR

[ ]  Transition report under section 13 or 15(d) of the Securities Exchange
     Act of 1934
For the transition Period from            to          .
                                --------      --------
Commission  file  number:
                          ----------------------------

                             DYNAMIC VENTURES, INC.
                  --------------------------------------------
                 (Name of small business issuer in its charter)

        Washington                                      91-2023525
 ------------------------------             ----------------------------------
(State or other jurisdiction of            (I.R.S. Employer Identification No.)
 incorporation or organization)

              1820 Fulton Avenue, West Vancouver, BC CANADA V7V 1S9
              -----------------------------------------------------
                    (Address of principal executive offices)

                                 (360) 392-3950
                                 --------------
                            Issuer's telephone number

Check  whether  the Issuer (1) filed all reports required to be filed by Section
13  or  15(d)  of  the Securities 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.
           (1) Yes  [X]   No  [ ]          (2)  Yes  [ ]   No  [X]

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 court.  Yes  [ ]  No  [ ]  NOT APPLICABLE

Applicable  only  to  corporate  issuers

State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of  the latest practicable date:  On April 25, 2002, the registrant
                                               ---------------------------------
had  8,600,000  shares  of Common Stock, $0.0001 par value per share, issued and
--------------------------------------------------------------------------------
outstanding.
------------

Transitional  Small Business Disclosure Format (check one):  Yes [ ]   No [X]


                                      -1-
<PAGE>
                             DYNAMIC VENTURES, INC.
                      FOR THE QUARTER ENDED MARCH 31, 2002

                              INDEX TO FORM 10-QSB
                              --------------------


                                                                     PAGE
PART  I - FINANCIAL INFORMATION

Item 1.   Financial Statements. . . . . . . . . . . . . . . . . . . .  3

Item 2.   Plan of Operation . . . . . . . . . . . . . . . . . . . . .  4


PART II - OTHER INFORMATION

Item 1.   Legal Proceedings . . . . . . . . . . . . . . . . . . . . .  5

Item 2.   Changes in Securities and Use of Proceeds . . . . . . . . .  5

Item 3.   Defaults upon Senior Securities . . . . . . . . . . . . . .  5

Item 4.   Submission of Matters to a Vote of Security Holders . . . .  5

Item 5.   Other Information . . . . . . . . . . . . . . . . . . . . .  6

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


SIGNATURES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  6


                                      -2-
<PAGE>
                         PART I - FINANCIAL INFORMATION
                         ------------------------------


ITEM  1.  FINANCIAL  STATEMENTS
-------------------------------

The  Financial  Statements of Dynamic Ventures, Inc. (the "Company") required to
be  filed  with  this  10-QSB  Quarterly  Report were prepared by management and
commence  on  the  following  page,  together  with  related  notes.

In  the  opinion  of  management,  the  Financial  Statements fairly present the
financial  condition  of  the  Company.


                             Dynamic Ventures, Inc.
                          (A Development Stage Company)
                          Interim Financial Statements
                                 March 31, 2002
                                   (unaudited)


                                      Index
                                      -----

        Balance Sheets                                        F-1

        Statements of Operations                              F-2

        Statements of Cash Flows                              F-3

        Notes to the Financial Statements                     F-4


                                      -3-
<PAGE>
<TABLE>
<CAPTION>
Dynamic  Ventures  Inc.
(A  Development  Stage  Company)
Interim  Balance  Sheets
(expressed  in  U.S.  dollars)

                                                                  March 31,     December 31,
                                                                     2002           2001
                                                                      $              $
                                                                 (unaudited)     (audited)
<S>                                                              <C>           <C>
Assets

Current Assets

  Cash                                                                73,973         80,802
--------------------------------------------------------------------------------------------
Total Assets                                                          73,973         80,802
============================================================================================

Liabilities and Stockholders' Deficit

Current Liabilities

  Accounts payable                                                     1,110          1,426
  Accrued liabilities (Note 5)                                        14,500         12,500
  Note payable (Note 4)                                              100,000        100,000
--------------------------------------------------------------------------------------------
Total Liabilities                                                    115,610        113,926
--------------------------------------------------------------------------------------------
Stockholders' Deficit

Common Stock: 100,000,000 common shares authorized with a
par value of $.0001; 8,600,000 shares issued and outstanding             860            860

Additional Paid-in Capital                                            85,140         85,140
--------------------------------------------------------------------------------------------
                                                                      86,000         86,000
--------------------------------------------------------------------------------------------
Preferred Stock, 20,000,000 preferred shares authorized with a
par value of $.0001; none issued                                           -              -
--------------------------------------------------------------------------------------------
Deficit Accumulated During the Development Stage                    (127,637)      (119,124)
--------------------------------------------------------------------------------------------
Total Stockholders' Deficit                                          (41,637)       (33,124)
--------------------------------------------------------------------------------------------
Total Liabilities and Stockholders' Deficit                           73,973         80,802
============================================================================================
Contingent Liability (Note 1)

Commitment (Notes 3 and 5)
</TABLE>


                                      F-1

    (The accompanying notes are an integral part of the financial statements)

<PAGE>
<TABLE>
<CAPTION>
Dynamic  Ventures  Inc.
(A  Development  Stage  Company)
Interim  Statements  of  Operations
(expressed  in  U.S.  dollars)
(unaudited)


                                                 Accumulated from
                                                  April 10, 2000
                                                (Date of Inception)     Three months ended
                                                   to March 31,              March 31,
                                                       2002              2002         2001
                                                        $                 $             $
<S>                                            <C>                   <C>           <C>
Revenue                                                          -             -            -
----------------------------------------------------------------------------------------------

Expenses

  Accounting and audit                                       7,700         1,500          297
  Amortization of license                                    4,125             -            -
  Bank charges                                                 459             -            -
  Consulting (Note 5)                                       30,318             -       11,357
  Foreign exchange/loss                                      1,032             2          912
  Interest                                                  12,585         2,979        1,912
  Legal                                                     15,351         2,313            -
  License written-off                                       20,625             -            -
  Market research                                            1,500             -            -
  Office and telephone                                       6,467           819        5,101
  Organizational expenses and offering costs                11,000             -            -
  Transfer agent and filing fees                             5,725           900          940
  Web site maintenance fee                                     500             -            -
----------------------------------------------------------------------------------------------
Net loss                                                  (117,387)       (8,513)     (20,519)
==============================================================================================
Basic Net Loss Per Share                                                    (.01)        (.01)
==============================================================================================
Weighted Average Shares Outstanding                                    8,600,000    5,845,000
==============================================================================================
</TABLE>

(Diluted  loss  per share has not been presented as the result is anti-dilutive)


                                      F-2

    (The accompanying notes are an integral part of the financial statements)

<PAGE>
<TABLE>
<CAPTION>
Dynamic  Ventures  Inc.
(A  Development  Stage  Company)
Interim  Statements  of  Cash  Flows
(unaudited)

                                                          Three months ended
                                                               March 31,
                                                            2002      2001
                                                             $          $
<S>                                                       <C>       <C>
Cash Flows to Operating Activities

  Net loss                                                 (8,513)   (20,519)
  Change in non-cash working capital items
    Increase in accounts payable and accrued liabilities    1,684      4,483
-----------------------------------------------------------------------------
Net Cash Used by Operating Activities                      (6,829)   (16,036)
-----------------------------------------------------------------------------
Cash Flows From Financing Activities

  Notes payable; net of repayments                              -     85,000
  Issuance of common shares                                     -     40,000
-----------------------------------------------------------------------------
Net Cash Provided by Financing Activities                       -    125,000
-----------------------------------------------------------------------------
Change in Cash                                             (6,829)   108,964

Cash - Beginning of Period                                 80,802        996
-----------------------------------------------------------------------------
Cash - End of Period                                       73,973    109,960
=============================================================================

Non-Cash Financing Activities                                   -          -
=============================================================================

Supplemental Disclosures

  Interest paid                                                 -          -
  Income tax paid                                               -          -
</TABLE>


                                      F-3

    (The accompanying notes are an integral part of the financial statements)

<PAGE>
Dynamic  Ventures  Inc.
(A  Development  Stage  Company)
Notes  to  the  Financial  Statements
(expressed  in  U.S.  dollars)
(unaudited)


1.   Development  Stage  Company

     Dynamic  Ventures Inc. herein (the "Company") was incorporated in the State
     of  Washington, U.S.A. on April 10, 2000. The Company acquired a license to
     market  and  distribute  vitamins,  minerals,  nutritional supplements, and
     other  health  and  fitness  products in the States of Nevada and Utah. The
     grantor  of  the  license  offers  these  products  for  sale  from various
     suppliers  on  their  Web  Site.

     The  Company  is  in the development stage. In a development stage company,
     management  devotes  most  of its activities in developing a market for its
     products.  Planned  principal activities have not yet begun. The ability of
     the  Company  to  emerge  from  the  development  stage with respect to any
     planned  principal  business  activity  is  dependent  upon  its successful
     efforts  to  raise  additional  equity  financing  and/or attain profitable
     operations.  There  is  no guarantee that the Company will be able to raise
     further  equity financing or sell any of its products at a profit. There is
     substantial  doubt  regarding  the Company's ability to continue as a going
     concern.

     The  Company  filed an SB-2 Registration Statement with the U.S. Securities
     Exchange  Commission  and  was  declared  effective on January 5, 2001. The
     Company  completed  an offering and issued 4,000,000 common shares at $0.01
     for  cash  proceeds  of  $40,000.

     On  January  29,  2001,  the  Company  received  $100,000  from  a  company
     controlled  by  the  President  pursuant  to  a note payable secured by all
     corporate  property,  bearing  interest at 12% and due on January 29, 2002.


2.   Summary  of  Significant  Accounting  Policies

     (a)  Year  end

          The Company's fiscal year end is December 31.

     (b)  Long-lived  Assets

          The  carrying  value  of  the  long-lived assets are evaluated in each
          reporting  period  to  determine if there were events or circumstances
          which  would  indicate  a  possible  inability to recover the carrying
          amount.  Such  evaluation  is  based  on  various  analyses  including
          assessing  the  Company's  ability  to  bring  the related business to
          market,  related profitability projections and undiscounted cash flows
          which  necessarily  involves significant management judgment. Where an
          impairment  loss  has  been  determined  the  carrying  amount  is
          written-down  to fair market value. Fair market value is determined as
          the amount at which the license could be sold in a current transaction
          between  willing  parties.

     (c)  Cash  and  Cash  Equivalents

          The Company considers all highly liquid instruments with a maturity of
          three  months  or less at the time of issuance to be cash equivalents.

     (d)  Revenue  Recognition

          The  Company will receive from the Grantor of the license, commissions
          of  one-half of all the profit on all sales made through the Grantor's
          Web  Site. The commission revenue will be recognized in the period the
          sales have occurred. The Company will report the commission revenue on
          a  net  basis as the Company is acting as an Agent for the Grantor and
          does not assume any risks or rewards of the ownership of the products.
          This  policy  is  prospective  in  nature  as  the Company has not yet
          generated  any  revenue.


                                      F-4
<PAGE>
2.   Summary  of  Significant  Accounting  Policies  (continued)

     (e)  Accounting  for  Stock-Based  Compensation

          SFAS No. 123, "Accounting for Stock-Based Compensation," requires that
          stock  awards  granted  be recognized as compensation expense based on
          fair values at the date of grant. Alternatively, a company may account
          for  stock  awards  granted  under Accounting Principles Board Opinion
          (APB) No. 25, "Accounting for Stock Issued to Employees," and disclose
          pro  forma  income  amounts which would have resulted from recognizing
          such  awards  at  their fair value. The Company has elected to account
          for  stock-based  compensation  for  employees and non-employees using
          SFAS  No.  123.

     (f)  Foreign  Exchange

          Current  monetary  assets  and  liabilities  of  the Company which are
          denominated  in foreign currencies are translated at the exchange rate
          in  effect  at  the  balance  sheet  dates.  Revenues and expenses are
          translated  at  rates of exchange prevailing on the transaction dates.
          Exchange gains or losses on the realization of current monetary assets
          and  the  settlement  of  current  monetary liabilities are recognized
          currently  to  operations.

     (g)  Income  Taxes

          The  Company  has  adopted  the  provisions  of  Financial  Accounting
          Standards  Board  Statement  No. 109 (SFAS 109), Accounting for Income
          Taxes.  Pursuant  to  SFAS  109 the Company is required to compute tax
          asset  benefits  for  net  operating losses carried forward. Potential
          benefit  of  net  operating  losses  has  not  been  recognized in the
          financial  statements because the Company cannot be assured that it is
          more likely than not that it will utilize the net operating loss carry
          forwards  in  future  years.

          The  Company  has  net  operating  losses of $117,000 to offset future
          years  taxable  income.  These  losses  expire  in  2015  and  2016.

     (h)  Basic  and  Diluted  Net  Income  (Loss)  per  Share

          The  Company  computes  net income (loss) per share in accordance with
          SFAS  No.  128,  "Earnings  per  Share"  (SFAS 128). SFAS 128 requires
          presentation  of both basic an diluted earnings per share (EPS) on the
          face  of  the  income statement. Basic EPS is computed by dividing net
          income  (loss)  available  to  common  shareholders (numerator) by the
          weighted  average  number  of  common shares outstanding (denominator)
          during  the period. Diluted EPS gives effect to all dilutive potential
          common  shares  outstanding during the period including stock options,
          using  the  treasury  stock  method,  and convertible preferred stock,
          using  the  if-converted method. In computing Diluted EPS, the average
          stock price for the period is used in determining the number of shares
          assumed  to  be  purchased  from  the  exercise  of  stock  options or
          warrants. Diluted EPS excludes all dilutive potential common shares if
          their  effect  is  anti  dilutive.

     (i)  Use  of  Estimates

          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  periods.  Actual results could differ from
          those  estimates.

     (j)  Interim  Financial  Statements

          These interim unaudited financial statements have been prepared on the
          same  basis  as  the annual financial statements and in the opinion of
          management,  reflect  all  adjustments,  which  include  only  normal
          recurring  adjustments,  necessary  to  present  fairly  the Company's
          financial  position,  results  of  operations  and  cash flows for the
          periods  shown.  The  results  of  operations for such periods are not
          necessarily  indicative of the results expected for a full year or for
          any  future  period.


                                      F-5
<PAGE>
3.   License

     The  Company's  only  asset  is a license acquired from Vitamineralherb.com
     Corp. The grantor to market vitamins, minerals, nutritional supplements and
     other  health  and  fitness  products  through  the Grantor's Web Site. The
     Company  will  market  and sell via the Internet, these products to medical
     practitioners,  alternative  health professionals, martial arts studios and
     instructors,  sports  and  fitness  trainers,  other  health  and  fitness
     practitioners,  school  and  other  fund raising programs and other similar
     types  of  customers  in Nevada and Utah. The license was acquired on April
     10,  2000  for  a  term  of  three years. The license will be automatically
     renewed  unless  the  Company  or the Grantor gives the other notice not to
     renew.  The  minimum  order  quantity  is  100  bottles per formulation for
     standard  products  and  5,000 units for customer formulas. The Grantor has
     agreed  to provide certain business administrative services to the Company,
     including  product  development,  store  inventory,  Web  Site creation and
     maintenance  of an order fulfilment system, thereby enabling the Company to
     focus  strictly  on marketing and sales. Some services, such as development
     of  the  Web  Site and the order fulfilment system, will be provided by the
     Grantor,  while  others,  such  as product development and store inventory,
     will  be  provided  by the product supplier. The Grantor sets the price for
     products  based  on  the  manufacturer's  price,  plus  a mark up which the
     Grantor  and  the  Company share equally. The Company pays an annual fee of
     $500  for  maintenance  of  the  Grantor's  Web  Site  commencing  on  the
     anniversary  date  of  April  10th  of  each  year.

     See  Note  5  for  consideration  paid  for  the  license.

     The  License  has  been  written-off  to  operations  due  to  the  lack of
     historical  cash  flow  and  lack  of  a  market  to  resell  the  license.


4.   Note  Payable

     The  Company  received  $100,000 from a company controlled by the President
     pursuant  to  a  note  payable  secured  by all corporate property, bearing
     interest  at  12%  and  due  on  January  29,  2002.


5.   Related  Party  Transactions

     The  License  referred to in Note 3 was assigned to the Company by the sole
     director and President of the Company for consideration of 3,500,000 shares
     having  a  fair market value of $35,000. The Company has estimated the cost
     of  the  license  to  its President at $24,750. The estimate is based on an
     allocation  of  the  President's cash outlay of $33,000 for common stock of
     K-2  Logistics.com  Inc.,  by  virtue  of  which the President obtained the
     license  as  well  as his continued ownership of K-2 Logistics.com Inc. The
     fair  market value of $35,000, based on recent comparable transactions, was
     allocated at a par value of $350 and additional paid in capital of $34,650.
     The  excess  of  fair market value over predecessor cost, being $10,250, is
     treated  as  a  dividend.  The Grantor of the License is not related to the
     Company.

     The  Company  issued  1,100,000  shares having a fair market value of $0.01
     each  to  the  President  of  the  Company  for organizational expenses and
     offering  costs  in  the  amount  of  $11,000.

     The  Company  paid  $nil  (2001  -  $8,000) in consulting fees to a Company
     controlled  by  the  President  of  the  Company.

     The  Company  accrued  $14,000 of interest owing on the note payable to the
     President  of the Company. A total of $3,000 was charged during the quarter
     ended  March  31,  2002.


                                      F-6
<PAGE>
ITEM  2.  PLAN  OF  OPERATION
-----------------------------

During  the  period  from  April  10,  2000  (inception) through March 31, 2002,
Dynamic Ventures, Inc., (the "Company") has engaged in no significant operations
other  than  organizational  activities  and acquisition of the rights to market
Vitamineralherb.  No  revenues  were received by the Company during this period.

For  the  current  fiscal  year,  the  Company anticipates incurring a loss as a
result  of  expenses  associated  with  setting  up a company structure to begin
implementing  its  business  plan.  The  Company  anticipates  that until it has
implemented  its business plan and achieved the milestones, it will not generate
revenues,  and  may continue to operate at a loss thereafter, depending upon the
performance  of  the  business.

The  Company's  business  plan  is  to  determine  the  feasibility  of  selling
Vitamineralherb.com  products to targeted markets.  Should the Company determine
that  its business plan is feasible, it intends to employ salespeople to call on
medical  professionals,  alternative  health professionals, martial arts studios
and  instructors,  sports  and  fitness  trainers,  other  health  and  fitness
professionals, school and other fund raising programs and other similar types of
customers  to  interest  these  professionals  in  selling  to  their  clients
high-quality,  low-cost  vitamins,  minerals, nutritional supplements, and other
health  and  fitness  products.  These  professionals would sell the products to
their  clients via the Internet.  The Company will achieve implementation of its
business  plan  by  meeting  the  following  milestones:

-    MILESTONE  1  - MARKET SURVEY. In order to determine the feasibility of its
     business  plan,  the  Company conducted research into the various potential
     target  markets.  The  Company  has  engaged  DealBuzz.com,  a  firm  which
     specializes  in  market research for Internet-related companies, to perform
     the  market research. Dealbuzz compiled information regarding 200 potential
     clients  in  Utah and Nevada, and compiled statistics as to the feasibility
     of  exploitation  of  the  license.

-    MILESTONE  2:  -  HIRE  SALESPEOPLE.  Should the Company determine that the
     exploitation  of  the  license  is  feasible,  it  will then have to engage
     salespeople  to  market  the products. The Company expects that it may hire
     two  salespeople  during  its  first  year of operation. The hiring process
     would  include running advertisements in the local newspaper and conducting
     interviews. The cost of hiring the salespeople, not including compensation,
     is  estimated  at  $20,000.

-    MILESTONE  3: ESTABLISH AN OFFICE. The Company would then have to establish
     an  office  or  offices  for  the  sales force in the appropriate market or
     markets.  This  would  include  an  office, equipment such as computers and
     telephones, and sample inventory for the salespeople. The expense of office
     rental,  equipment  and  inventory  samples  is estimated to be $45,000 per
     year.

-    MILESTONE 4: DEVELOPMENT OF ADVERTISING CAMPAIGN. The next step would be to
     develop an advertising campaign, including establishing a list of prospects
     based  on  potential clients identified in the market survey, and designing
     and  printing  sales  materials.  The  cost  of  developing the campaign is
     estimated  at  approximately  $12,000  per  year.


                                      -4-
<PAGE>
-    MILESTONE  5:  IMPLEMENTATION  OF  ADVERTISING  CAMPAIGN/SALES  CALLS.
     Implementation  of  the  advertising  campaign would begin with mailing the
     sales  materials  to the identified list of prospects. Approximately two to
     four weeks thereafter, the salespeople would begin telephone follow ups and
     scheduling  of  sales  calls.  The  cost  of  salary  and  expenses for two
     salespeople  is  estimated  at  $248,000  per  year.

-    MILESTONE 6: ACHIEVE REVENUES. It is difficult to quantify how long it will
     take  to  convert  a sales call into actual sales and revenues. The Company
     will  not  begin receiving orders until its sales force is able to convince
     potential clients to begin offering such products to their customers, or to
     convert  from  an  existing  supplier.

The  Company  remains  in  the  development  stage  and,  since  inception,  has
experienced  no  signigicant  change  in  liquidity  or  capital  resources  or
shareholders' equity.  Consequently, the Company's balance sheet as of March 31,
2002,  reflects  total  assets  of  $73,973,  in  the  form  of  cash.

The  Company  will  need  additional capital to carry out its business plan.  No
commitments  to  provide  additional funds have been made by management or other
shareholders.  Accordingly,  there can be no assurance that any additional funds
will be available on terms acceptable to the Company or at all.  The Company has
no  commitments  for  capital  expenditures.

In addition, the Company may engage in a combination with another business.  The
Company  has  engaged in discussions concerning potential business combinations,
but  has  not  entered  into  any  agreement  for  such  a  combination.


                           PART II- OTHER INFORMATION
                           --------------------------


ITEM 1.  LEGAL  PROCEEDINGS
---------------------------

The Company is not a party to any pending legal proceedings.


ITEM 2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS
--------------------------------------------------------

None


ITEM 3.  DEFAULTS  UPON  SENIOR  SECURITIES
-------------------------------------------

None


ITEM 4.  SUBMISSION  OF  MATERS  TO  A  VOTE  OF  SECURITY  HOLDERS
-------------------------------------------------------------------

No  matters  were  submitted  to  the shareholders during the three month period
ended  March  31,  2002.


                                      -5-
<PAGE>
ITEM 5.  OTHER  INFORMATION
---------------------------

None

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

(a)  EXHIBITS
-------------

Exhibits included or incorporated by reference in this document are set forth in
--------------------------------------------------------------------------------
the  Exhibit  Index.
--------------------

                                INDEX TO EXHIBITS

              Exhibit  Number     Description
              ---------------     -----------

              3.1  (1)           Articles  of  Incorporation
              3.2  (1)           Bylaws
              4.1  (1)           Specimen  Stock  Certificate
              4.2  (1)           Stock  Subscription  Agreement
              4.4                $100,000  Promissory  Note
              5.1  (1)           Opinion  re:  legality
              10.1  (1)          License  Agreement
              10.2  (1)          Assignment  of  License  Agreement
              23.1  (1)          Consent  of  Independent  Auditors
              23.2  (1)          Consent  of  Counsel  (see  exhibit  5.1)

              (1)   Previously  filed  as  an  exhibit  to  the  registrant's
                    registration  statement on Form SB-2 on June 30, 2000 and as
                    amended on September 19, 2000, November 3, 2000 and December
                    22,  2000.


(b)  Reports  on  Form  8-K

There  were  no  reports on Form 8-K filed during the last quarter of the fiscal
year  covered  by  this  report.


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.

                                            DYNAMIC VENTURES, INC.


Date:    May 3, 2002                        By:    /s/  Eric Boehnke
      -------------------                        -------------------------
                                                 Eric Boehnke
                                                 President, Secretary, Treasurer
                                                 and Director


                                      -6-
<PAGE>