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


                                   FORM 10-QSB
                                   (Mark One)

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

                    For the Quarter ended September 30, 2005

  TRANSITION REPORT UNDER SECITON 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.
                 (Name of small business issuer in its charter)


            DELAWARE                        5045                23-3048444
(State or other jurisdiction of      (Primary Standard       (I.R.S. Employer
 incorporation or organization)  Industrial Classification  Identification No.)
                                           Code)


                             2112 Bergenline Avenue,
                              Union City, NJ 07087

  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

                               Tel: (201) 537-0956
                              --------------------
                           (Issuer's telephone number)


   -------------------------------------------------------------------------
          (Former name or former address, if changed since last report)

       Securities registered under Section 12(b) of the Exchange Act: None

         Securities registered under Section 12(g) of the Exchange Act:

                                  COMMON STOCK
                                (Title of Class)

<PAGE>

Check whether the issuer (1) has 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 Indicate by check mark whether the registrant (1) has filed all
reports 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. X __ Yes __

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 23,794,000 as of November 21, 2005.



<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS

                          (A DEVELOPMENT STAGE COMPANY)

                         CONDENSED FINANCIAL STATEMENTS

                               September 30, 2005



                                TABLE OF CONTENTS










                                                                        Page
                                                                      --------
     Condensed Balance Sheets........................................    2
     Condensed Statements of Operations..............................    3
     Condensed Statements of Cash Flows..............................    4
     Notes to Condensed Financial Statements.........................    5-6









<PAGE>

                     MILLENIUM CAPITAL VENTURE HOLDINGS

                        (A DEVELOPMENT STAGE COMPANY)

                           CONDENSED BALANCE SHEET



                                                                 September 30
                                                                     2005
                                                                  ----------
                                                                 (Unaudited)
                                   ASSETS
Cash
                                                                  ---------

TOTAL ASSETS                                                      $    --
                                                                  =========

                    LIABILITIES AND STOCKHOLDERS' DEFICIT

Accounts payable                                                  $  12,447
                                                                  ---------

     TOTAL LIABILITIES                                            $  12,447
                                                                  =========

STOCKHOLDERS' DEFICIT

Capital stock                                                           685
Additionial paid-in capital                                         142,315
Accumulated deficit                                                (155,447)
                                                                  ---------

     TOTAL STOCKHOLDERS' DEFICIT                                    (12,447)
                                                                  ---------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                       $    --
                                                                  =========


<PAGE>
                       MILLENIUM CAPITAL VENTURE HOLDINGS

                          (A DEVELOPMENT STAGE COMPANY)

                       CONDENSED STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>
                                                                                                             June 2, 2000
                                                                                                            (Inception) to
                                            Nine Months Ended September 30  Three Months Ended September 30  September 30
                                             ---------------------------     ---------------------------     ------------
                                                 2005            2004           2005            2004             2005
                                             ------------      ---------     ----------     ------------     ------------
                                             (Unaudited)      (Unaudited)    (Unaudited)    (Unaudited)
<S>                                          <C>               <C>           <C>            <C>              <C>
Revenues                                     $       --        $    --       $     --       $       --       $       --

Operating expenses

Professional fees                                   2,447           --             --               --             67,008
Consulting fees                                      --             --             --               --             71,909
Other expenses                                       --             --             --               --             30,093
                                             ------------      ---------     ----------     ------------     ------------

Loss before other item and income taxes      $     (2,447)     $    --       $     --       $       --       $   (169,010)
Gain on settlement of debt                           --             --             --               --             13,653
                                             ------------      ---------     ----------     ------------     ------------

Loss before income taxes                           (2,447)          --             --               --           (155,357)
Income taxes                                         --             --             --               --                 90
                                             ------------      ---------     ----------     ------------     ------------

NET LOSS                                     $     (2,447)     $    --       $     --       $       --       $   (155,447)
                                             ============      =========     ==========     ============     ============

Net loss per common share                    $     (0.000)     $    --       $     --       $       --       $     (0.016)
                                             ============      =========     ==========     ============     ============

Weighted average number of common shares
used in calculation                            15,322,000      6,850,000     23,794,000        6,850,000       10,000,000
                                             ============      =========     ==========     ============     ============
</TABLE>

<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS

                          (A DEVELOPMENT STAGE COMPANY)

                       CONDENSED STATEMENTS OF CASH FLOWS



<TABLE>
<CAPTION>
                                                                                                  June 2, 2000
                                                                                                 (Inception) to
                                                      Nine Months Ended September 30              September 30
                                                -------------------------------------------     ------------------
                                                      2005                    2004                    2005
                                                ------------------     --------------------     ------------------
                                                   (Unaudited)             (Unaudited)
Cash Flows from Operating Activities
<S>                                             <C>                    <C>                      <C>
     Net loss                                   $          (2,447)     $                --      $          (2,447)
Change in accounts payable                                  2,447                       --                  2,447
                                                ------------------     --------------------     ------------------

   Net cash flows used in operating activities                 --                       --                     --
                                                ------------------     --------------------     ------------------

Cash Flows from Investing Activities
   Net cash used by investing activities                       --                       --                     --
                                                ------------------     --------------------     ------------------

Cash Flows from Financing Activities
Issue of common stock                                                                                          --
Shareholder contributions                                      --                       --                     --
                                                ------------------     --------------------     ------------------

   Net cash used by financing activities                       --                       --                     --
                                                ------------------     --------------------     ------------------

Net increase (decrease) in cash                                --                       --                     --
Cash - Beginning of period                                     --                       --                     --
                                                ------------------     --------------------     ------------------

Cash - Ending of period                         $              --      $                --      $              --
                                                ==================     ====================     ==================
</TABLE>



<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS

                          (A DEVELOPMENT STAGE COMPANY)

                     NOTES TO CONDENSED FINANCIAL STATEMENTS

                               September 30, 2005


NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

The Company was incorporated in the State of Delaware on September 2, 2000 to
serve as a vehicle to effect an asset acquisition, merger, exchange of capital
stock or other business combination with a domestic or foreign business. As of
September 30, 2005 the Company's only activities have been organizational ones,
directed at developing its business plan and raising its initial capital.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Interim Financial Statements

The accompanying interim unaudited financial information has been prepared
pursuant to the rules and regulations of the Securities and Exchange Commission.
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 pursuant to such
rules and regulations, although management believes that the disclosures are
adequate to make the information presented not misleading. In the opinion of
management, all adjustments, consisting only of normal recurring adjustments,
necessary to present fairly the financial position of the Company as of
September 30, 2005 and the related operating results and cash flows for the
interim period presented have been made. The results of operations of such
interim period are not necessarily indicative of the results of the full year.

NOTE 3 - COMMITMENTS AND CONTINGENCIES

On March 11, 2005 the Company completed the acquisition of Telediscount
Communications Inc., a New York corporation, pursuant to an Agreement and Plan
of Merger whereby MCVH will exchange shares of MCVH for one hundred percent
(100%) of the outstanding shares of Telediscount Communications Inc. At the
effective time of the merger, Teledisocunt Communications Inc. will be merged
with and into our wholly owned subsidiary, Millennium Acquisition Corp., a
Florida corporation, which will be subsequently dissolved and merged into the
issuer.

All of the outstanding shares of Telediscount Communications Inc. common stock
shall be converted by virtue of the merger at the Closing Date into shares of
our common stock (the "Merger Securities"). On or before the Closing Date, each
Shareholder of Telediscount Communications Inc. shall surrender their
outstanding shares of Telediscount Communications Inc. common stock existing
immediately prior to the Closing Date. Until so surrendered, any outstanding
certificates or other documentation which, prior to the Closing Date represented
outstanding shares of Telediscount Communications Inc. common stock, shall be
deemed for all corporate purposes to be surrendered. Upon such surrender, shares
of Telediscount Communications Inc. common stock so surrendered shall no longer
be outstanding and shall automatically be canceled and retired and shall cease
to exist.

Management of Millennium Capital Venture Holdings Inc. intend to request a name
change to Nuevo Financial Corporation to better reflect the acquired business
and general business model.

<PAGE>

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The previous discussion and other sections of this Form 10-QSB contain
forward-looking statements that have been made pursuant to the provisions of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are based on current expectations, estimates and projections about
our industry, management's beliefs and certain assumptions made by management.
Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks,"
"estimates," "may," and similar expressions are intended to identify
forward-looking statements. These statements are not guarantees of future
performance and actual actions or results may differ materially. These
statements are subject to certain risks, uncertainties and assumptions that are
difficult to predict. The Company undertakes no obligation to update publicly
any forward-looking statements as a result of new information, future events or
otherwise, unless required by law. Readers should, however, carefully review the
risk factors included in other reports or documents filed by the Company from
time to time with the Securities and Exchange Commission.


DESCRIPTION OF BUSINESS


General Description and Development of Business


Unless otherwise noted, all dollar references are in U.S. Dollars.


On September 2, 2000, Millennium Capital Venture Holdings Inc. was incorporated
under the laws of the State of Delaware. On September 26, 2001, the sole
shareholder of Millennium sold its shares to Bruno Desmarais, who thus became
the sole shareholder, officer and director of Millennium. Mr. Desmarais
commenced looking for an acquisition candidate for Millennium.

On February 4, 2005, Mr. Andre St-Arnaud, Mr. Nil Lapointe, Mr. Mario Drolet and
Mr. Bruno Desmarais resigned as Directors and Officers of Millennium Capital
Venture Holdings Inc.

Mr. Francis Mailhot had been nominated and appointed as a Director and as
President and CEO of Millennium Capital Venture Holdings Inc.

On April 7, 2005, Mr. Francis Mailhot resigned as President and CEO of
Millennium. Mr. Francis Mailhot will remain as a director of Millennium.

On April 7, 2005, Mr. Rainey Sellars, Mr. Tim Gardner and Mr. Jose Araque have
been appointed as directors of Millennium.

Mr. Jose Araque has been appointed as President and CEO of Millennium .

Millennium's principal executive office is currently located at 1 Place
Ville-Marie Suite 2821 Montreal, Quebec H3B 4R4, Canada. H2M 1T8. The telephone
number is 514-448-6710.


<PAGE>

General Business Plan


Millennium was formed to seek, investigate and, if such investigation
warranted, acquire an interest in business opportunities presented to it by
persons or firms who or which desire to seek the perceived advantages of an
Exchange Act registered corporation


On March 24, 2003, Millennium acquired all of the issued and outstanding shares
of Mada Multimedia Inc., a Quebec corporation ("Mada"). Mada is in the business
of designing, producing and marketing multimedia applications in the financial
education sector. Mada also offers training courses and simulations in the stock
trading sector. In connection with the acquisition, Millennium's largest
shareholder, and its President and member of the Board of Directors, Mr. Bruno
Desmarais, granted Mada's sole shareholder, Mario Drolet, an option to purchase
2,000,000 shares of Millennium owned by Mr. Desmarais for $350,000. Pursuant to
the Share Purchase Agreement, Mr. Drolet may appoint two individuals to
Millennium's Board of Directors. As of the date of this filing, Mr. Drolet has
not made either of such appointments. Millennium purchased Mada for $1,000.


Millennium conducted a private placement of common stock during the first
quarter of 2003 in which a total of $42,500 was raised from the sale of 850,000
shares. The funds from this offering were used for ongoing operations of
Millennium


Acquisition of Telediscount Communications

On March 11, 2005, Millennium completed the acquisition of Telediscount
Communications Inc., a New York corporation, pursuant to an Agreement and Plan
of Merger whereby Millennium will exchange shares of Millennium for one hundred
percent (100%) of the outstanding shares of Telediscount Communications Inc. At
the effective time of the merger, Telediscount Communications Inc. will be
merged with and into our wholly owned subsidiary, Millennium Acquisition Corp.,
a Florida corporation, which will be subsequently dissolved and merged into the
issuer.

All of the outstanding shares of Telediscount Communications Inc. common stock
shall be converted by virtue of the merger at the Closing Date into shares of
Millennium common stock (the "Merger Securities"). On or before the Closing
Date, each Shareholder of Telediscount Communications Inc. shall surrender their
outstanding shares of Telediscount Communications Inc. common stock existing
immediately prior to the Closing Date. Until so surrendered, any outstanding
certificates or other documentation which, prior to the Closing Date represented
outstanding shares of Telediscount Communications Inc. common stock, shall be
deemed for all corporate purposes to be surrendered. Upon such surrender, shares
of Telediscount Communications Inc. common stock so surrendered shall no longer
be outstanding and shall automatically be canceled and retired and shall cease
to exist.

On August 5, 2005, the Company published the unaudited Statement of Income for
the years ended 2003 and 2004 for Telediscount Communications, Inc., its
unaudited Consolidated Balance Sheets for 12/31/2004 for Telediscount
Communications, Inc., and its Consolidated Condensed Statements of Cash Flows
for the fiscal year 2004 for Telediscount Communications, Inc. Completion of
this audit is a condition to closing.


The Company

The "Acquired" Business



Founded in 1998, TELEDISCOUNT COMMUNICATIONS, INC. ("Telediscount") is a leading
provider of communication and wire remittance to the rapidly growing Hispanic
population within the United States. The Company targets working-class
communities in the New York metropolitan area where there is a high

<PAGE>

concentration of Hispanics who have strong demand for financial products. Thus,
the Company is in the process of converting its stores into "financial
superstores" for the underbanked community. It proposes to change its name to
Nuevo Financial, Inc. and market financial products such as storage value cards,
debt consolidation program, payday loans, wire transfers, check cashing, money
orders, bill payment, auto insurance, home mortgage and prepaid credit cards.
Additionally, it is looking to create a network of affiliated distribution
channels in Mexico and in other Latin American countries for its financial
products. The store base growth will be driven by two modes: franchising the
concept and adding affiliated stores to the distribution channel.


The primary vehicle for reaching customers is a unique storefront concept where
customers wire money to their "home" country, pay their phone and electric bills
in the U.S. and Latin America, qualify home mortgages, make international calls
to Latin American countries, purchase wireless products and access the Internet,
among other services. The Company is currently one of the largest operators in
the United States with 18 storefronts located primarily in the New York/New
Jersey metropolitan area. Telediscount has successfully branded its services
throughout the NY metropolitan area. Marketing expenses has averaged 3% of sales
(with a range from 0-10%) with the primary distribution channel being flyers
distributed throughout neighborhoods. The second method has been newspaper
advertising in leading Hispanic newspapers. Additionally, radio spots in
Spanish-language and visits by personalities have proven to be effective. TV
advertising is costly but has been very responsive to monthly promotions.

Besides this branding and trust that it has built in consumer's mind over the
last 6 years, Telediscount has several other advantages to accelerate its
conversion into a "financial superstore". Given its development of its
telecommunication products, the Company has a state-of-the-art communication
network with preferential telecommunication rates. Coupled with the use of new
technology such as Voice over Internet Protocol (VOIP), Telediscount can connect
all its stores to headquarter at no cost and provide secured broadband
connectivity globally. Secondly, the Company has locked up the most desirable
storefront locations in its targeted Hispanic communities with significant foot
traffic and calling volume. From these locations, it generates $1 million per
week in wire transfers using four carriers to numerous countries throughout
Latin America. To develop the business, management is focused on completing
several key objectives over the next 12 months:

      o     Secure key strategic partnerships with financial institutions and
            Latin America retailers

      o     Execute reverse merger into public company

      o     Receive permits and licenses to provide financial services

      o     Institute a technology platform to process financial transactions

      o     Develop a turnkey franchise program

      o     Recruit a world class management team

Market Potential


Telediscount, dba Nuevo Financial, has developed a business model that combines
robust digital technologies with migrant-agent distribution channels to address
the underserved rural and semi-rural migrant-sending and migrant receiving
communities that pay large fees to stay connected and transfer significant sums
of money from the United States. The model has two main elements: (1) building a
digitally empowered network of Company-owned, franchised and affiliated stores,
and (2) develop a multitude of financial products for this network.

The use of paper-based payment instruments is declining. Technology is enabling
a new generation of product offerings by non-mainstream financial institutions
for the unbanked consumer. A new report from Celent Communications, Self-Service
for the Unbanked, predicts that self-service technology will be pivotal in
enabling alternative financial entities to capture US$3.3 billion, or 22
percent, of the unbanked consumer market by 2010. The unbanked sectors
representing nearly 33 million US households have traditionally been served by a
variety of alternative financial services providers, including check cashing
stores, money transfer services, and alternative credit sources. From time to
time, banks have attempted to enter this market, often with disappointing
results. Despite this record, the growth of the alternative financial services
market and the development of new self-service technologies is leading financial
institutions to reevaluate the market opportunity represented by this
long-overlooked sector.

<PAGE>

According to the Federal Reserve, 9.7% of households in the United States,
approximately 26 million individuals--have no transaction accounts at mainstream
depository banking institutions. An additional 40 million individuals either do
not have a savings account or access to credit, and are thus considered
underbanked. Together, the total number of un- and underbanked individuals in
the United States is estimated to be nearly 70 million, generating aggregate
annual income in excess of $300 billion. Prepaid products represent the largest
remaining untapped market for consumer payments, reflecting huge growth
potential--estimated at $2.1 trillion. Moreover, 35 million people migrant
workers and immigrants in the U.S. are living outside of their country of
origin.



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

                 U.S. LATINO and LATIN AMERICA MARKET POTENTIAL
   -------------------------------------------------------------------------

                                    US          Latin America    US Latinos
   -------------------------------------------------------------------------

   Population (M)                  280               515             35
   -------------------------------------------------------------------------

   Household Income (US$B)        $6.344            $0.871         $0.466
   -------------------------------------------------------------------------

   Remittances (US$B)             -$60.0            $40.0          -$40.0
   -------------------------------------------------------------------------

   Source: UCLA NAID Center

Check cashing services, along with payday loans, are among the fringe financial
services that mainstream financial institutions have tried to enter with little
success. Payday lenders typically charge annual percentage rates of 300 percent
or higher. Between 11 million and 13 million unbanked Americans, and as many as
30 million Americans overall, use check cashing services. According to the
Filene Research Institute, high-fee check cashing outlets process 180 million
checks worth $55 million annually and typically generate profit margins of 12-30
percent. Virtually nonexistent a decade ago, the payday loan industry has grown
in recent years, today totaling 22,000 outlets.



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

           AVERAGE COST OF SENDING $200 TO LATIN AMERICA FROM THE U.S.
         ---------------------------------------------------------------
                            Transfer Fee    Exchange Rate        Total
         ----------------- -------------- ------------------ -----------

         Mexico                 $6.54          $11.59           $18.13

         Dominican Rep.         $4.22          $18.16           $22.38

         Colombia               $6.31          $18.71           $25.02

         Cuba                  $25.58           $0.0            $25.58

         Source: Inter-American Bank


An additional market is remittance, which is considered one of the most
lucrative for the underbanked Hispanic community. According to the
Inter-American Development Banks Multilateral Investment Fund, the remittance
market in 2005 to Latin America is projected to total $40 billion with annual
revenues of $2 billion. It is growing at 7% as the Patriot Act has raised the
cost and obstacles of formal methods of transferring money between the U.S. and
Latin American countries. A 5% market share translates to $1 billion remittance
value with revenues of $40 million for Nuevo Financial. The storage value card
can easily achieve such a market share given the convenience and cost
advantages. It has no FX surcharge since it is a transnational issuance, it has
a secured proprietary pin system and it is a better value than competing
products. Currently, wire transfers accounting for 70% of the remittance market
while the unlicensed, informal channel of "mula", "viajero", "encomendero" and
travel agents account for an additional 17% of the market, indicating the demand
for lower cost alternatives.

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

                           COST COMPARISONS
   --------------------------------------------------------------

                               Western Union    Nuevo Financial
   ------------------------- ----------------- ------------------

   Application Fee                $19.95               $0
   ------------------------- ----------------- ------------------

   Monthly Fee                     $4.95               $0
   ------------------------- ----------------- ------------------

   Card Load                       $6.00               $0
   ------------------------- ----------------- ------------------

   ATM Withdraw                    $2.00               NA
   ------------------------- ----------------- ------------------

   Cash Advance                    $4.00             $1.00
   ------------------------- ----------------- ------------------

   Remittance                       NA               $10.00
   ------------------------- ----------------- ------------------

   Source: First Data Corporate Data


<PAGE>

Customer Profile



Telediscount's primary customers are foreign-born Hispanics with the following
breakdown: Ecuadorian 15%, Guatemala 6%, Colombian 5%, Mexican 45%, Peru 5%,
Uruguay 5%, Argentina 3%, and Other Countries 16%. Our marketing survey shows
that 17% have bank accounts, 30% have telephones, 10% own an automobile and 10%
have credit cards. This customer base has several positive features. Hispanics
is the fastest growing minority in the country, accounting for 12.5% of the U.S.
population. Government statistics show that there are 18.3 million legal
Hispanics above the age of 12 living in the United States and an additional 5
million that are considered undocumented immigrants. The influx of immigrants
and the larger than average families result in the minority growing at 5% while
the US population is averaging growth of only 1.2%.

According to DRI/McGraw Hill, the average Hispanic household has an average
income of $34,000 and a total purchasing power of $581 billion. Hispanics
typically are brand loyal, spending approximately 14% of their gross income on
financial products and services. Often, ease of usage and quality tends to be
more important than pricing given the language difficulties when a problem
arises. Census 2000 data indicates that Hispanics are living in increasingly
segregated neighborhoods where they are the largest minority. Areas with
particularly high concentrations include Los Angeles, New York, Miami, San
Francisco, Chicago, Houston and Dallas, all of which are the Company's targeted
markets.



                        Hispanic Population By U.S. City
                  (Documented Hispanics above 12 years of age)
<TABLE>
<CAPTION>
------------------------------- ----------------------------- ----------------------------- --------------------------
                                       # Of Hispanics                  % of City                     % of US
                                        12-yrs+ age                    Population                   Hispanics
------------------------------- ----------------------------- ----------------------------- --------------------------
<S>                                     <C>                    <C>                         <C>
Los Angeles                              4,458,500                       37.7%                        20.1%
------------------------------- ----------------------------- ----------------------------- --------------------------
New York                                 2,771,000                       18.1%                        12.5%
------------------------------- ----------------------------- ----------------------------- --------------------------
Miami                                    1,168,300                       36.9%                        5.3%
------------------------------- ----------------------------- ----------------------------- --------------------------
San Francisco                             912,700                        18.1%                        4.1%
------------------------------- ----------------------------- ----------------------------- --------------------------
Chicago                                   854,400                        12.9%                        3.9%
------------------------------- ----------------------------- ----------------------------- --------------------------
Houston                                   778,500                        22.7%                        3.5%
------------------------------- ----------------------------- ----------------------------- --------------------------

------------------------------- ----------------------------- ----------------------------- --------------------------
TOTAL                                    18,318,176                        NA                         10.2%
------------------------------- ----------------------------- ----------------------------- --------------------------
     Source: U.S. Census Population
</TABLE>

Demographics

The initial target markets for Nuevo Financial are towns in rural Mexico with
populations of less than 50,000. Based on recent CONAPO 2000 surveys, 52.7
percent of the total 103.6 million Mexican populations live in the small
communities with population less than 50,000, including more than 80 percent of
the 20 million people in Mexico that receive remittances. Mexican immigrants in
the U.S. send back to Mexico an estimated $15 billion annually to rural and
semi-rural communities, with less than 1% directed toward banks or credit
institutions for local savings and investments. The U.S. to Latin America
transnational market is estimated at $1 trillion. Demand continues to grow
despite the fact that a cost charged for these services are very high while in
many of the targeted areas access is limited.


The market for U.S. to Mexico remittances has more than 200 companies following
the footsteps of Western Union and Money Gram, with large National Money
Transmitting Organization (including Vigo, USPS, Rica, Dole and Segue) still
controlling about half of the estimated 5 million transactions a year. Small
informal agent networks have grown to control close to 45% of the market, with
banks and credit unions making up about 5% of the market, and a handful of debit
and ATM card providers having virtually no market presence. Most competitors
agree that the future of money transfer lies in these new technologies. As money
orders were replaced by wire remittances, storage value cards are expected to
shift the market.

The Product and Services

The Company currently has numerous relationships with leading wire remittance
companies and has developed a proprietary storage value platform. The Nuevo
Financial storage value product is a remittance card program based on a "gift
card" type platform, which allows Telediscount to track and administer the money
flow from one cardholder in any Nuevo Financial location to a second cardholder
in any other location. Using the Maestro ATM program, the product creates a
"bridge" between the two cards to allow funds to be moved backwards and forwards
between the two card types. The benefits of this program are many-fold: (1)
there is a significant reduction in per transaction processing fees, and (2)
more flexibility in modifying the platform and adding new functionalities. The
program simplifies the addition of other products and the transfer of funds to
partners providing such products as phone cards, life insurance, and health
benefits.

Telediscount is currently seeking full integration of its proprietary card
program with one or more "network programs" such as Visa/Mastercard, which would
allow for various unique and powerful functionalities. For example, Nuevo
Financial will be able to take payroll deposited into the card, transfer the
fund across the border, load the funds onto a Nuevo Financial Maestro card
issued by a Mexican bank, and then withdraw pesos at an ATM in Mexico without
paying the 4% foreign exchange markup imposed on international Maestro card
withdrawals. This process, although seemingly complex, would occur in under a
minute, and would be in compliance with Maestro rules and regulations. The
result would be a cost savings of $12 for a standard $300 Maestro
card-to-Maestro card remittance.

Trademarks

The Company has applied for registered trademarks for "Telediscount(TM)" and
"TELEDISCOUNT Communications", and has applied for the logo on the front page of
this prospectus. The Company is also in the process of registering several
domain names, including www.avvcom.com and www.telediscountcom.com.

Personnel

At present, the Company employs a total of seventy eight (78) employees, twelve
(12) of whom are executive officers. In addition, the Company currently utilizes
the services of consultants in the areas of corporate and financial services.
Immediately following the completion of this Offering, the Company plans to
significantly expand its operations and, in connection with such operations,
will require additional employees.

<PAGE>

Employees

Millennium has no full-time or part-time employees.


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


Results of Operations - September 2, 2000 (Inception) through September 30,
2005. The Company had entered into an agreement with DotCom Internet Ventures
Ltd., who was at that time a shareholder of the Company, to supervise the search
for target companies as potential candidates for a business combination. The
agreement was to continue until such time as the Company had effected a business
combination. DotCom Internet Ventures Ltd. had agreed to pay all expenses of the
Company until such time as a business combination was effected, without
repayment. William Tay, the sole officer and director of the Company and the
sole officer and director of DotCom Internet Ventures Ltd., resigned on
September 26, 2001. At that time the Company was in negotiation to acquire a
target company, Hub Corporation. Mr. Bruno Desmarais, who was appointed as sole
officer and director of the Company on September 27, 2001 was negotiating the
transaction with Hub. Mr. Tay sold his share position to Mr. Desmarais and the
contract with DotCom International Ventures Ltd. was cancelled. The Company was
unable to conclude a transaction with Hub Corporation and continued the review
potential candidates for a business combination.

On March 11, 2005, Millennium completed the acquisition of Telediscount
Communications Inc., a New York corporation, pursuant to an Agreement and Plan
of Merger whereby Millennium will exchange shares of Millennium for one hundred
percent (100%) of the outstanding shares of Telediscount Communications Inc. At
the effective time of the merger, Telediscount Communications Inc. will be
merged with and into our wholly owned subsidiary, Millennium Acquisition Corp.,
a Florida corporation, which will be subsequently dissolved and merged into the
issuer.

On August 5, 2005, the Company published the unaudited Statement of Income for
the years ended 2003 and 2004 for Telediscount Communications, Inc., its
unaudited Consolidated Balance Sheets for 12/31/2004 for Telediscount
Communications, Inc., and its Consolidated Condensed Statements of Cash Flows
for the fiscal year 2004 for Telediscount Communications, Inc. Completion of
this audit is a condition to closing.

The Company is considered to be in the development stage as defined in Statement
of Financial Accounting Standards No. 7. There have been no operations since
incorporation.

The Company has no operating history and no material assets. As at September 30,
2005, the Company had $-0- in cash and $-0 as at December 31, 2004.

Liquidity and Plan of Operation.

The following plan of operation for the company covers the twelve (12) month
period commencing from the date of this quarterly report.


As of August 2001, Mr. Desmarais, who at the time was the Company's sole
officer and director and who is as of the date of the filing of this amended
report the Company's largest shareholder, agreed to lend the Company funds that
may be necessary for its operations during the next twelve (12) month period. It
is expected that such requirements will not exceed $50,000. The Company has no
other sources of financing or means of meeting its cash requirements.

Following the closing of the acquisition of Telediscount Communications Inc., a
New York corporation, the Company will fund operations through the revenues of
Telediscount Communications Inc. (See: On August 5, 2005, the Company published
the unaudited Statement of Income for the years ended 2003 and 2004 for
Telediscount Communications, Inc., its unaudited Consolidated Balance Sheets for
12/31/2004 for Telediscount Communications, Inc., and its Consolidated Condensed
Statements of Cash Flows for the fiscal year 2004 for Telediscount
Communications, Inc. Completion of this audit is a condition to closing.)

<PAGE>

Off-Balance Sheet Arrangements.


 The Company, as of the original date of this report and as of the date that
this report is filed with the SEC, has no off-balance sheet arrangements.


ITEM 3. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We carried out an evaluation, under the supervision and with the participation
of our management, including our Chief Executive Officer and Principal Financial
Officer, of the effectiveness of our disclosure controls and procedures, as
defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934
as of the end of the period covered by this report. Based on that evaluation,
our Chief Executive Officer and Principal Financial Officer have concluded that
our disclosure controls and procedures as of September 30, 2005 were effective
to ensure that information required to be disclosed by us in reports that we
file or submit under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported within the time periods specified in the Securities and
Exchange Commission's rules and forms.

Changes in Internal Controls

There have been no material changes in our internal controls over financial
reporting or in other factors that could materially affect, or are reasonably
likely to affect, our internal controls over financial reporting during the
quarter ended September 30, 2005.


<PAGE>


                            PART II OTHER INFORMATION

Item 1.  Legal Proceedings

         Not applicable

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

         None.

Item 3.  Defaults Upon Senior Securities

         Not applicable

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

         None.

Item 5.  Other Information

         Not applicable

Item 6.  Exhibits

         A. Exhibits:

         31.1  Certification of Chief Executive Officer Pursuant to Section
               302 of the Sarbanes-Oxley Act.

         31.2  Certification of Principal Financial and Accounting Officer
               Pursuant to Section 302 of the Sarbanes-Oxley Act.

         32.1  Certification of Chief Executive Officer Pursuant to Section
               906 of the Sarbanes-Oxley Act.

         32.2  Certification of Principal Financial and Accounting Officer
               Pursuant to Section 906 of the Sarbanes-Oxley Act.


<PAGE>


                                   SIGNATURES


In accordance with Section 13 or 15(d) 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: November 21, 2005                             /s/ Jose Araque
                                                    ------------------------
                                                    Jose Araque
                                                    President, CEO and Chairman


DATE: November 21, 2005                             /s/ Jose Araque
                                                    ------------------------
                                                    Jose Araque
                                                    Chief Accounting Officer