U.S. SECURITIES AND EXCHANGE COMMISSION

(Mark One)

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

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

For the transition period from ________ to _________

Commission file number 0-31457

MILLENNIUM CAPITAL VENTURE HOLDINGS INC.

|DELAWARE(State or other jurisdiction ofincorporation or organization) |  |  | 23-3048444(IRS Employerdentification No.)
|--------------------------------------------------------------------- |  |  | -----------------------------------------

9348 Basile Routhier, Montreal, Quebec, CANADA. H2M 1T8

(514) 258 6441

(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 __

State the number of shares outstanding of each of the issuer's classes of common equity, as of the last practicable date:

6,000,000 shares of common stock, $0.0001 par value, as of June 30, 2002

Transitional Small Business Disclosure Format (check one): Yes___ No _X_



PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The accompanying unaudited condensed financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-QSB and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the six month periods ended June 30, 2001 and 2002 and June 2, 2000 (Inception) to June 30, 2002 are not necessarily indicative of the results that may be expected for the year ending December 31, 2002. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2001.



|                                                     | Page  
|---------------------------------------------------- | ------
|Unaudited Consolidated Financial Statements          |       
|Balance Sheets                                       | 3     
|Statements of Operations                             | 4     
|Statements of Cash Flows                             | 5     
|Statements of Stockholders' Equity                   | 6     
|Notes to Unaudited Consolidated Financial Statements | 7 to 9

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MILLENNIUM CAPITAL VENTURE HOLDINGS INC.



|ASSETS                                                                                           |   | June 30, 2002
Unaudited |   | December 31, 2001
Audited
|------------------------------------------------------------------------------------------------ | - | ----------------------- | - | -------------------------
|Current assets                                                                                   |   |                         |   |                          
|Cash                                                                                             | $ | --                      | $ | --                       
|                                                                                                 |   |                         |   |                          
|Total Current Assets                                                                             |   | --                      |   | --                       
|                                                                                                 |   |                         |   |                          
|Total assets                                                                                     | $ | --                      | $ | --                       
|                                                                                                 |   |                         |   |                          
|LIABILITIES AND STOCKHOLDERS' EQUITY                                                             |   |                         |   |                          
|                                                                                                 |   |                         |   |                          
|Current liabilities                                                                              |   |                         |   |                          
|Shareholder's loan                                                                               |   | 6,451                   |   | --                       
|Accrued income taxes                                                                             |   | 60                      |   | 60                       
|                                                                                                 |   |                         |   |                          
|Total current liabilities                                                                        |   | 6,511                   |   | 60                       
|                                                                                                 |   |                         |   |                          
|Total liabilities                                                                                | $ | 6,511                   | $ | 60                       
|                                                                                                 |   |                         |   |                          
|                                                                                                 |   |                         |   |                          
|Stockholders' equity                                                                             |   |                         |   |                          
|Preferred Stock, $0.0001 par value, 20,000,000 shares authorized, none issued and outstanding.   |   | --                      |   | --                       
|Common Stock, $0.0001 par value, 100,000,000 shares authorized, 6,000,000 issued and outstanding |   | 100,500                 |   | 500                      
|                                                                                                 |   |                         |   |                          
|Accumulated Deficit                                                                              |   | (107,011)               |   | (560)                    
|                                                                                                 |   |                         |   |                          
|Total stockholders' equity                                                                       |   | (6,511)                 |   | (60)                     
|                                                                                                 |   |                         |   |                          
|Total liabilities and stockholders' equity                                                       | $ | --                      | $ | --                       
|                                                                                                 |   |                         |   |                          

The accompanying notes are an integral part of the unaudited financial statements.

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MILLENNIUM CAPITAL VENTURE HOLDINGS INC.



|                                                             |   | Six months ended June 30, 2002 |   | Six months ended June 30, 2001 |   | June 2, 2000 (Inception) to June 30, 2002
|------------------------------------------------------------ | - | ------------------------------ | - | ------------------------------ | - | -----------------------------------------
|                                                             |   |                                |   |                                |   |                                          
|                                                             |   |                                |   |                                |   |                                          
|Income                                                       | $ | --                             | $ | --                             | $ | --                                       
|                                                             |   |                                |   |                                |   |                                          
|Expenses                                                     |   |                                |   |                                |   |                                          
|                                                             |   |                                |   |                                |   |                                          
|Legal and accounting                                         |   | 21,449                         |   | --                             |   | 21,449                                   
|Consultancy fees                                             |   | 71,909                         |   | --                             |   | 71,909                                   
|Organization expenses                                        |   | --                             |   | --                             |   | 500                                      
|Administrative expenses                                      |   | 13,093                         |   | --                             |   | 13,093                                   
|                                                             |   |                                |   |                                |   |                                          
|Total Expenses                                               |   | 106,451                        |   | --                             |   | 106,951                                  
|                                                             |   |                                |   |                                |   |                                          
|Provision for income taxes                                   |   | --                             |   | --                             |   | 60                                       
|                                                             |   |                                |   |                                |   |                                          
|Net Loss                                                     | $ | (106,451)                      | $ | --                             | $ | (107,011)                                
|                                                             |   |                                |   |                                |   |                                          
|Net Income (Loss) per Common Share                           | $ | (0.02)                         | $ | --                             | $ | (0.02)                                   
|                                                             |   |                                |   |                                |   |                                          
|Weighted Average Number of Common Shares Used in Calculation |   | 5,453,039                      |   | 5,000,000                      |   | 5,108,179                                

The accompanying notes are an integral part of the unaudited financial statements.

4

MILLENNIUM CAPITAL VENTURE HOLDINGS INC.



|                                             |   | Six months ended June 30, 2002 |   | Six months ended June 30, 2001 |   | June 2, 2000 (Inception) to June 30, 2002
|-------------------------------------------- | - | ------------------------------ | - | ------------------------------ | - | -----------------------------------------
|Cash from operating activities:              |   |                                |   |                                |   |                                          
|Net (loss) from continuing operations        | $ | (106,451)                      | $ | --                             | $ | (7,011)                                  
|Issue of common stock for service            |   | 100,000                        |   | --                             |   | 100,500                                  
|Changes in operating assets and liabilities: |   |                                |   |                                |   |                                          
|Accrued income taxes                         |   | --                             |   | --                             |   | 60                                       
|Net cash flows from operating activities     |   | (6,451)                        |   | --                             |   | (6,451)                                  
|                                             |   |                                |   |                                |   |                                          
|Cash from investing activities:              |   | --                             |   | --                             |   | --                                       
|                                             |   |                                |   |                                |   |                                          
|Cash from financing activities:              |   |                                |   |                                |   |                                          
|Shareholder's loan                           |   | 6,451                          |   | --                             |   | 6,451                                    
|                                             |   | 6,451                          |   | --                             |   | 6,451                                    
|                                             |   |                                |   |                                |   |                                          
|Net change in cash and cash equivalents      |   | --                             |   | --                             |   | --                                       
|Cash at beginning of period                  |   | --                             |   | --                             |   | --                                       
|Cash at end of period                        | $ | --                             | $ | --                             | $ | --                                       

The accompanying notes are an integral part of the unaudited financial statements.

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MILLENNIUM CAPITAL VENTURE HOLDINGS INC.



|                                                | Preferred Stock | Common Stock |           | Total    
|----------------------------------------------- | --------------- | ------------ | --------- | ---------
|                                                | Shares          | Amount       | Shares    | Amount   
|At June 2, 2000                                 | --              | --           | 5,000,000 | $ 500    
|                                                |                 |              |           |          
|Net loss for the year 2000                      | --              | --           | --        | --       
|Balance, December 31, 2000                      | --              | --           | 5,000,000 | $ 500    
|                                                |                 |              |           |          
|Net loss for the year 2001                      | --              | --           | --        | --       
|                                                |                 |              |           |          
|Balance, December 31, 2001                      | --              | --           | 5,000,000 | $ 500    
|                                                |                 |              |           |          
|Issue of stock for services on April 9, 2002.   | --              | --           | 1,000,000 | $ 100,000
|                                                |                 |              |           |          
|Net loss for the six months ended June 30, 2002 | --              | --           | --        | --       
|                                                |                 |              |           |          
|Balance, June 30, 2002                          | --              | --           | 6,000,000 | $ 100,500

The accompanying notes are an integral part of the unaudited financial statements.

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MILLENNIUM CAPITAL VENTURE HOLDINGS INC.

Note 1 - Summary of Significant Accounting Policies

Going Concern

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. However, since the Company's inception in June 2000, it has incurred losses and has not yet been successful in establishing any operations. These factors raise substantial doubt about the ability of the Company to continue as a going concern.

In this regard, management is proposing to raise any necessary additional funds to meet its ongoing expenses through shareholder loans. There is no assurance that the Company will be successful in raising this additional capital or locating a viable merger candidate with profitable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties

Development Stage Company

MILLENNIUM CAPITAL VENTURES HOLDINGS, INC. (the "Company") has been in the development stage since its formation on June 2, 2000. Planned principal operations have not commenced since then and the Company has not generated any revenue.

Financial Statement Presentation

This summary of significant accounting policies of the Company is presented to assist in understanding of the Company's financial statements. The financial statements and notes are representations of the Company's management who is responsible for their integrity and objectivity. These accounting policies conform to U.S. generally accepted accounting principles and have been consistently applied in the preparation of the financial statements, which are stated in the U.S. Dollars.

Organization and Business Operations

The Company was incorporated in the State of Delaware on June 2, 2000 to serve as a vehicle to effect a merger, exchange of capital stock, asset acquisition or other business combination with a domestic or foreign private business. As of June 30, 2002, the Company had not commenced any formal business operations. Therefore, all the activities to date relate to the Company's organization. The Company's fiscal year end is December 31.

The Company's ability to commence operations is contingent upon its ability to identify a prospective target business and raise the capital it will require through the issuance of equity securities, debt securities, bank borrowings or a combination thereof.

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Note 1 - Summary of Significant Accounting Policies - Continued

Use of Estimates

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

Cash and Cash Equivalents

For purposes of reporting the statement of cash flows, cash and cash equivalents include highly liquid investments with maturity of three months or less at the time of purchase.

(Loss) Per Share

(Loss) per share of common stock is computed by dividing the net loss by the weighted average number of common shares outstanding during the year. Fully diluted earnings per share are not presented because they are anti-dilutive.

Income Taxes

The Company accounts for income taxes under the Statement of Financial Accounting Standards No. 109, "Accounting for Income Taxes," ("SFAS 109"). Under SFAS 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. There were no current or deferred income tax expense or benefits due to the fact that the Company did not have any material operations for the period from June 2, 2000 (inception) through December 31, 2001.

Note 2. Stockholders' Equity

A. Preferred Stock

The Company is authorized to issue 20,000,000 shares of preferred stock at $0.0001 par value, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. The Company did not issue any shares of its preferred stock as of June 30, 2002.

B. Common Stock

The Company is authorized to issue 100,000,000 shares of common stock at $0.0001 par value and the Company issued 5,000,000 shares of its common stock to DotCom Internet Ventures Ltd one June 2, 2000, pursuant to Rule 506 for an aggregate consideration of $ 500 in services. These shares were subsequently transferred on June 26, 2001 to Mr. Desmarais. Additionally, the Company issued 1,000,000 shares on April 9, 2002 valued at $0.10 each, with a total value of $100,000 in settlement of consultancy and administrative services. This issuance was approved by the Company's Board of Directors and deemed to be done at fair market value.

C. Warrant and Options

There are no warrants or options outstanding to issue any additional shares of common stock.

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

GENERAL

The following should be read in conjunction with the information contained in the financial statements of the Company and the notes thereto appearing elsewhere herein.

PLAN OF OPERATIONS

The Company is considered to be a development stage Company as defined in the Statement of Financial Accounting Standards No. 7. There have been no operations since inception. 	The Company intends to continue to seek out the acquisition of assets, property or a business that may be beneficial to the Company and its shareholders, no assurances can be made that the Company will be successful in this activity.

The Company has no cash as of June 30, 2002. As the Company has yet to commence operations, it has not realized any revenues. For the six months ended June 30, 2002, the Company had a net loss of $106,451.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Reform Act'), the Company is hereby providing cautionary statements identifying important factors that could cause the Company's actual results to differ materially from those projected in forward looking statements (as such term is defined in the Reform Act) made by or on behalf of the Company herein or orally, whether in presentations, in response to questions or otherwise. Any statements that express, or involve discussions as to expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will result", "are expected to", "will continue", "is anticipated", "estimated", "projection", and "outlook') are not historical facts and may be forward looking and, accordingly, such statements involve estimates, assumptions, and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. Such uncertainties include, among other, the following: (i) the Company's ability to obtain additional financing to implement its business strategy; (ii) the financial condition of the Company's clients; (iii) imposition of new regulatory requirements affecting the Company; (iv) a downturn in general economic conditions; (v) the delay or failure to properly manage growth and successfully integrate acquired companies and operations; (vi) lack of geographical diversification; and (vii) other factors which are described in further detail in the Company's filings with the Securities and Exchange Commission.

The Company cautions that actual results or outcomes could differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors. Further, management cannot assess the impact of each factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Not Applicable.

ITEM 2. CHANGES IN SECURITIES

On April 9, 2002, the Company issued 1,000,000 shares of its common stock to six (6) individuals that provided the Company with consulting, secretarial, legal, labor project evaluation and web site consultation and programming services. All of the shares issued were valued at $0.10 per share. These shares were issued pursuant to Section 4(2) of the Securities Act of 1933. Originally, these shares were to be registered on a Registration Statement on Form S-8, which was filed with the SEC. Since then, the Company has determined not to issue the shares pursuant to the S-8. As a result, these shares are restricted shares.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

Not Applicable.

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

Not Applicable.

ITEM 5. OTHER INFORMATION

On April 24, 2002, the Company entered into a Share Exchange and Purchase Agreement to acquire between 75% and 100% of the issued and outstanding shares of common stock of Guitron Corporation, a company incorporated under the laws of the Province of Quebec, Canada in exchange for 16,000,000 shares of the Company's common stock. Prior to submission of the exchange for shareholder approval, the parties agreed to cancel the Share Exchange and Purchase Agreement. The parties have negotiated a Break-Up Agreement for this purpose, which is currently being circulated for circulation.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

99.1 Certification of the Company's President, CEO and acting CFO, Mr. Bruno Desmarais pursuant to 18 U.S.C Section 1350 as adopted pursuant to Section 906 of the Sarbanes - Oxley Act of 2002

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.

MILLENNIUM CAPITAL VENTURE HOLDINGS INC.

Date: August 14, 2002

By:/s/ "Bruno Desmarais"
Name: Bruno Desmarais
Title: President, Chief Executive Officer, Treasurer and Director

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