--------------------------------------------------------------------------------
                                Jeffrey A. Harry
                                    PRESIDENT
                               Webmaster.com, Inc.
                              24843 Del Prado, #318
                              Dana Point, CA 92629
            (Name and Address of Person Authorized to Receive Notices
          and Communications on Behalf of the Person Filing Statement)
--------------------------------------------------------------------------------
                                 WITH A COPY TO:
                             KARL E. RODRIGUEZ, ESQ
                     34700 Pacific Coast Highway, Suite 303
                           Capistrano Beach, CA 92624
                                 (949) 248-9561
                               fax (949) 248-1688
--------------------------------------------------------------------------------

                                   FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

              [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                                       AND

             [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                        Commission File Number:  0-31177

                    For the Quarter ended September 30, 2000


                               WebMaster.com, Inc.


  Nevada                                                                Optional
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)


24843  Del  Prado,  Suite  318,  Dana  Point  California                   92629
(Address of principal executive offices)                              (Zip Code)


Registrant's  telephone  number,  including  area  code:         (949)  248-1765


Securities  registered  pursuant  to  Section  12(g)  of  the  Act:    4,950,800

                       Class-A Common Voting Equity Stock

Yes  [X]   No  [ ]  (Indicate by check mark whether the Registrant (1) has filed
all  report  required  to  be  filed  by  Section  13 or 15(d) of the Securities
Exchange  Act of 1934 during the preceding 12 months (or for such shorter period
that  the Registrant was required to file such reports) and (2) has been subject
to  such  filing  requirements  for  the  past  90  days.)

As  of  September 30, 2000, the number of shares outstanding of the Registrant's
Common  Stock  was  4,950,800.

                                        1
<PAGE>

                             UNNUMBERED INTRODUCTION

     Our  Form  10-SB  was  filed  voluntarily  about  July  27, 2000 and became
effective  by operation of law sixty days later, on or about September 25, 2000.
Our Form 10-SB has not cleared Comments by the Staff of the SEC. It is therefore
foreseeable  that  this quarterly report may be amended responsively to such SEC
Comments  as  may  be  directed  to  us  by  the  Staff.

                          PART I: FINANCIAL INFORMATION



                         ITEM 1.   FINANCIAL STATEMENTS.

     Attached hereto and incorporated herein by this reference are the following
financial  statements:

--------------------------------------------------------------------------------
Exhibit                      FINANCIAL  STATEMENTS
--------------------------------------------------------------------------------
00-QF2     Un-Audited  Financial  Statements for the three months and six months
           ended  September  30,  2000
--------------------------------------------------------------------------------


       ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.


 (A)  PLAN  OF  OPERATION.

      (1)  CASH REQUIREMENTS AND OF NEED FOR ADDITIONAL FUNDS, TWELVE MONTHS. We
have  an  immediate  and  forseeable  need  for additional funding, from sources
outside  of  our circle of shareholders, during the next twelve months; however,
as  a  practical  matter  we cannot begin to formulate the capital requirements,
before  the  completion  of  this  1934 Act Registration, and the achievement of
quotability  on  the OTCBB. Management estimates that we need $500,000 to launch
and  another  $500,000  to  continue  operations  for  the  next  twelve months.

     We  do not anticipate any contingency upon which we would voluntarily cease
filing  reports  with the SEC, even though it may cease to be required to do so.
It  is  in  our  compelling  interest  to  report our Company affairs quarterly,
annually  and  currently,  as  the  case may be, generally to provide accessible
public  information to interested parties, and also specifically to maintain its
qualification  for  the OTCBB, if and when the Issuer's intended application for
submission  be  effective.

      (2)  SUMMARY  OF  PRODUCT  RESEARCH  AND  DEVELOPMENT.  None.

      (3)  EXPECTED  PURCHASE  OR  SALE OF PLANT AND SIGNIFICANT EQUIPMENT. None

      (4)  EXPECTED  SIGNIFICANT CHANGE IN THE NUMBER OF EMPLOYEES. None at this
           time.

     Reference  is  made  to  NOTES  TO  FINANCIAL  STATEMENTS: "The Company has
elected  to omit substantially all footnotes to the financial statements for the
nine  months ended September 30, 2000, since there have been no material changes
(other than indicated in other footnotes) to the information previously reported
by  the  Company in their Audited Financial Statements for the Fiscal Year ended
March  31,  2000.

 (B)  SELECTED  FINANCIAL  INFORMATION.  This is our second Quarterly Report. It
began  with  our  second  quarter.  Accordingly  the  following  information  is
summarized  and  displayed  for  convenient  comparison:

                                        2
<PAGE>

<TABLE>
<CAPTION>
<S>                <C>       <C>       <C>
Balance Sheet . .   9/30/00   6/30/00   3/31/00
-----------------------------------------------
Cash. . . . . . .  $  2,489  $  2,500  $  7,500
Prepaid Expense .     1,842     5,524     5,524
===============================================
Total Assets. . .     4,331     8,024    13,024
Accounts Payable.         0     3,241         0
Other . . . . . .         0         0         0
===============================================
Total Liabilities         0     3,241         0
</TABLE>



<TABLE>
<CAPTION>
<S>                        <C>                  <C>                   <C>       <C>        <C>
SECOND QUARTER.                                                                              Inception
                                                                                              May 19,
                                                                                               1999
                                                                                                to
 Operations                                    July 1 to Sept 30       April 1 to Sept 30     Sept 30
                                         2000                  1999      2000       1999        2000
-----------------------------------------------------------------------------------------------------
Misc Revenues:. . . . . .  $            1,000   $                 0   $ 1,000   $      0   $   1,000
 Total Revenues . . . . .               1,000                     0     1,000          0       1,000
General & Administrative.               9,693                97,970     9,693     97,970     110,740
 Total Expenses . . . . .               9,693                97,970     9,693     97,970     110,740
Net (Loss). . . . . . . .              (8,693)              (97,970)   (8,693)   (97,970)   (109,740)
</TABLE>

 (C)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
Our  first  Fiscal  Year ended March 31, 2000. Our financial condition is barely
changed  since  the  end  of  our  first  fiscal  year.

     The  bulk of our expenses to date have been legal and professional fees and
costs,  including auditing and accounting, to prepare this 1934 Act Registration
statement.

 (D)  REVERSE  ACQUISITION CANDIDATE. This Registrant is not a candidate for any
reverse  or direct acquisition transactions, or other business combinations. Our
intention  is  to  develop  and  realize  our  business  plan.
                           PART II: OTHER INFORMATION

                           ITEM 1.  LEGAL PROCEEDINGS

                                      None

                          ITEM 2.  CHANGE IN SECURITIES

                                      None

                    ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

                                      None

                                        3
<PAGE>

           ITEM 4.  SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS

                                      None

                           ITEM 5.  OTHER INFORMATION

                                      None

                    ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

                                      None

                                  EXHIBIT INDEX

                              FINANCIAL STATEMENTS

--------------------------------------------------------------------------------
Exhibit                       FINANCIAL  STATEMENTS
--------------------------------------------------------------------------------
00-QF2     Un-Audited  Financial  Statements for the three months and six months
           ended  September  30,  2000
--------------------------------------------------------------------------------

                                   SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form 10-Q Report for the Quarter ended September 30, 2000, has been signed below
by  the  following person on behalf of the Registrant and in the capacity and on
the  date  indicated.


                               WebMaster.com, Inc.

                                       by
October  24,  2000

                             /s/Jeffrey A. Harry
                                Jeffrey A. Harry
                          sole initial officer/director

                                        4
<PAGE>

--------------------------------------------------------------------------------
                                 EXHIBIT 00-QF2

                         UN-AUDITED FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS AND SIX MONTHS ENDED
                               SEPTEMBER 30, 2000
--------------------------------------------------------------------------------

                                        5
<PAGE>

                               WEBMASTER.COM, INC.
                            BALANCE SHEET (UNAUDITED)
                    For the fiscal year ended March 31, 2000
                   And for the period ended September 30, 2000

<TABLE>
<CAPTION>

<S>                                                    <C>              <C>
                                                       September 30,    March 31,
                                                           2000           2000
                                                        (Unaudited)
------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS
Cash. . . . . . . . . . . . . . . . . . . . . . . . .  $        2,489   $    7,500

TOTAL CURRENT ASSETS. . . . . . . . . . . . . . . . .           2,489        7,500
                                                       --------------   -----------
OTHER ASSETS

Prepaid expenses. . . . . . . . . . . . . . . . . . .           1,842        5,524
                                                       --------------   -----------
TOTAL OTHER ASSETS. . . . . . . . . . . . . . . . . .           1,842        5,524
                                                       --------------   -----------
TOTAL ASSETS. . . . . . . . . . . . . . . . . . . . .  $        4,331   $   13,024


LIABILITIES & STOCKHOLDERS' EQUITY

LIABILITIES

Accounts payable. . . . . . . . . . . . . . . . . . .  $            0          -0-
                                                       --------------   -----------
TOTAL LIABILITIES . . . . . . . . . . . . . . . . . .               0          -0-

STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; authorized 50,000,000
   shares; issued and outstanding, 4,950,800 shares
   and 4,950,800 shares respectively. . . . . . . . .           4,951        4,951
Additional paid-in capital. . . . . . . . . . . . . .         109,120      109,120
Accumulated equity (deficit). . . . . . . . . . . . .        (109,740)    (101,047)
Subscription Receivable

Total Stockholders' Equity. . . . . . . . . . . . . .           4,331       13,024
                                                       --------------   -----------
TOTAL STOCKHOLDERS' EQUITY. . . . . . . . . . . . . .  $        4,331   $   13,024
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        6
<PAGE>

                               WEBMASTER.COM, INC.
             STATEMENTS OF LOSS AND ACCUMULATED DEFICIT (UNAUDITED)
                For the periods ended September 30, 2000 and 1999

<TABLE>
<CAPTION>
<S>                          <C>              <C>              <C>              <C>              <C>
                                                                                                         From
                                                                                                     Inception on
                                 From July          From July        From April       From May         May 19, 1999
                                1, 2000 to.          1, 1999 to       1, 2000 to      19, 1999 to        through
                               September 30,       September 30,    September 30,    September 30,    September 30,
                                   2000                1999             2000             1999            2000
---------------------------------------------------------------------------------------------------------------
Revenues. . . . . . . . . .  $        1,000   $            0   $        1,000   $            0   $       1,000
                             --------------  ---------------   --------------   --------------   --------------
General and Administrative.           9,693           97,970            9,693           97,970         110,740

Net Loss from Operations. .          (8,693)         (97,970)          (8,693)         (97,970)       (109,740)
                             --------------  ---------------   --------------   --------------   --------------
Net Income (Loss) . . . . .         ($8,693)        ($97,970)         ($8,693)        ($97,970)      ($109,740)
                             ==============  ================  ===============  ===============  ==============
Loss per Share. . . . . . .  $     (0.00176)  $     (0.02407)  $     (0.00176)  $     (0.02407)  $    (0.02312)
                             ==============  ================  ===============  ===============  ==============
Weighted Average
    Shares Outstanding. . .       4,950,800        4,070,800        4,950,800        4,070,800       4,745,868
                             ==============  ================  ===============  ===============  ==============
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        7
<PAGE>

                               WEBMASTER.COM, INC.
             STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)(UNAUDITED)
             For the period from inception of the Development Stage
          On May 19, 1999, through the fiscal year ended March 31, 2000
                   And for the period ended September 30, 2000

<TABLE>
<CAPTION>
<S>                               <C>         <C>           <C>            <C>          <C>
                                                          Additional      Accumulated     Total Stock-
                                  Common      Par           Paid-In        Equity       holders' Equity
                                  Stock       Value         Capital          (Deficit)          (Deficit)

Common Stock issued at inception   2,419,000  $      2,419  $           0  $        0   $           2,419

Common Stock issued for
    operating expenses . . . . .   1,651,800         1,652              0           0                   0

Common Stock sold for cash . . .     880,000           880        109,120           0                   0

Net Loss for the period. . . . .           0             0              0    (101,047)                  0

Balance at March 31, 2000. . . .   4,950,800  $      4,951  $     109,120   ($101,047)  $          13,024
                                  ----------  ------------  -------------  -----------  -----------------

Net Loss for the period. . . . .           0             0              0      (8,693)                  0

Balance at September 30, 2000 . .   4,950,800  $      4,951  $     109,120   ($109,740)  $           4,331
                                  ----------  ------------  -------------  -----------  -----------------
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        8
<PAGE>

                               WEBMASTER.COM, INC.
                       STATEMENT OF CASH FLOW (UNAUDITED)
                    For the fiscal year ended March 31, 2000
              And for the periods ended September 30, 2000 and 1999

<TABLE>
<CAPTION>
<S>                                               <C>              <C>              <C>
                                                                                             From
                                                                                         Inception on
                                                        From April       From May         May 19, 1999
                                                        1, 2000 to       19, 1999 to       through
                                                       September 30,    September 30,    September 30,
                                                            2000             1999            2000
------------------------------------------------------------------------------------------------------
Operating Activities

Net Income (Loss). . . . . . . . . . . . . . . .         ($9,693)        ($97,970)      ($109,740)

Items not effecting cash
   Stock for services. . . . . . . . . . . . . .               0            4,071           4,071
   Ending Prepaid expense. . . . . . . . . . . .           1,842            7,101           1,842
   Beginning prepaid expense . . . . . . . . . .           6,524                0               0
Cash increase from creation of account payable .               0                0               0
                                                  ---------------  --------------   --------------
Net Cash from Operations . . . . . . . . . . . .          (5,011)        (101,000)       (107,511)

Cash Increase (Decrease) . . . . . . . . . . . .          (5,011)        (101,000)       (107,511)

Cash infused from sale/issuance of common stock.               0          110,000         110,000
                                                  ---------------  --------------   --------------
Net increase (decrease) in cash. . . . . . . . .          (5,011)           9,000           2,489

Beginning Cash . . . . . . . . . . . . . . . . .           7,500                0               0

Cash as of Statement Date. . . . . . . . . . . .  $        2,489   $        9,000   $       2,489
                                                  ==============   ==============   ==============
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        9
<PAGE>

                               WEBMASTER.COM, INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                               September 30, 2000


Webmaster.com,  Inc.


NOTES  TO  FINANCIAL  STATEMENTS

Webmaste.com,  Inc.  ("the  Company")  has  elected  to  omit  substantially all
footnotes  to  the  financial  statements for the six months ended September 30,
2000,  since  there have been no material changes (other than indicated in other
footnotes)  to  the  information  previously  reported  by  the Company in their
Audited  Financial  Statements  for  the  Fiscal  year  ended  March  31,  2000.

UNAUDITED  INFORMATION

The  information  furnished  herein  was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments which
are,  in the opinion of management, necessary to properly reflect the results of
the  period  presented.  The information presented is not necessarily indicative
of  the  results  from  operations  expected  for  the  full  fiscal  year.

                                       10
<PAGE>