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 March 31, 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)

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

                  2112 Bergenline Avenue, Union City, NJ 07087
    ------------------------------------------------------------------------
    (Address, including zip code, and telephone number, including area code,
                  of registrant's principal executive offices)

                                Tel: 609-548-9774
                           ---------------------------
                           (Issuer's telephone number)


                               1 Place Ville-Marie
                                   Suite 2821
                                  Montreal, Qc
                                     H3B 4R4
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)

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


                    Common Stock, $.0001 par value per share

                                (Title of class)

Indicate by check mark if 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.

Yes  [ ]    No [X]

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 6,850,000 as of June 16, 2005.

<PAGE>

                    MILLENNIUM CAPITAL VENTURE HOLDINGS, INC.

                                      Index

PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements (unaudited)

Condensed balance sheets at March 31, 2005 and December 31, 2004

Condensed statements of operations for the Three Months ended March 31, 2005 and
2004 and since inception.

Condensed statements of cash flows for the Three Months ended March 31, 2005 and
2004 and since inception.

Notes to condensed financial statements March 31, 2005

Item 2. Management's Discussion and Analysis of Financial Conditions and Results
of Operations

PART II  OTHER INFORMATION

Item 1. Legal Proceedings
Item 2. Changes in Securities
Item 3. Defaults Upon Senior Securities
Item 4. Submission of Matters to a Vote of Security Holders
Item 5. Other Information
Item 6. Exhibits and Reports on Form 8-K

Signatures
----------


<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS
                          (A DEVELOPMENT STAGE COMPANY)

                         CONDENSED FINANCIAL STATEMENTS


                                 March 31, 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 SHEETS


                                                                       March 31,
                                                                         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                         $      --
                                                                      =========

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

                                        2
<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS
                          (A DEVELOPMENT STAGE COMPANY)
                       CONDENSED STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                                                          June 2,
                                                                           2000
                                                                       (Inception)
                                          Three Months Ended March 31,   March 31,
                                          ---------------------------  -----------
                                               2005          2004          2005
                                           -----------    ----------   -----------
                                           (Unaudited)   (Unaudited)
<S>                                        <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)   $       --   $    (0.023)
                                           ===========    ==========   ===========
Weighted average number of common shares
  used in calculation                        6,850,000     6,850,000     6,850,000
                                           ===========    ==========   ===========
</TABLE>


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

                                        3

<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS
                          (A DEVELOPMENT STAGE COMPANY)
                       CONDENSED STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                             June 2,
                                                                              2000
                                                        Three Months       (Inception)
                                                      Ended March 31,       March 31,
                                                  ----------------------   -----------
                                                     2005         2004        2005
                                                  ---------    ---------   ---------
                                                 (Unaudited)  (Unaudited)
<S>                                               <C>          <C>         <C>
Cash Flows from Operating Activities
    Net loss                                      $  (2,447)   $      --   $      --
  Change in accounts payable                          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>



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

                                        4

<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS
                          (A DEVELOPMENT STAGE COMPANY)

                     NOTES TO CONDENSED FINANCIAL STATEMENTS

                                 March 31, 2005


NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

The Company was  incorporated  in the State of Delaware on June 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 March
31, 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 March
31, 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,  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
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


                                       5
<PAGE>

                       MILLENIUM CAPITAL VENTURE HOLDINGS
                          (A DEVELOPMENT STAGE COMPANY)

                     NOTES TO CONDENSED FINANCIAL STATEMENTS

                                 March 31, 2005


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.



                                       6
<PAGE>

Forward-Looking Statements

The  following  discussion  contains,  in  addition to  historical  information,
forward-looking  statements regarding Non-Invasive Monitoring Systems, Inc. (the
"Company" or "NIMS"), that involve risks and uncertainties. The Company's actual
results could differ materially.  For this purpose,  any statements contained in
this  Report  that are not  statements  of  historical  fact may be deemed to be
forward-looking  statements.  Without  limiting the generality of the foregoing,
words  such as  "may,"  "will,"  "expect,"  "believe,"  "anticipate,"  "intend,"
"could,"  "estimate," or "continue" or the negative or other variations  thereof
or comparable terminology are intended to identify  forward-looking  statements.
Factors  that could cause or  contribute  to such  difference  include,  but not
limited to, history of operating losses and accumulated  deficit;  possible need
for additional financing;  competition;  dependence on management; risks related
to proprietary  rights;  government  regulation;  and other factors discussed in
this report and the  Company's  other filings with the  Securities  and Exchange
Commission.


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

DESCRIPTION OF BUSINESS

 GENERAL DESCRIPTION AND DEVELOPMENT OF BUSINESS

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

On June 2, 2000, Millennium Capital Venture Holdings Inc. was incorporated under
the laws of the State of Delaware.  On June 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

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  pursuant to Section 4(2) and  Regulation D under the  Securities  Act of
1933, as amended.  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.

Management  of  Millennium  intend to file a proxy  requesting  a name change to
Nuevo Financial  Corporation to better reflect the acquired business and general
business model.

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 - June 2, 2000  (Inception)  through  March 31, 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 June 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 June 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.  Subsequent to the year ended 2002, the
Company has  negotiated a business  combination  with Mada  Multimedia  Inc. The
Company did not consummate the  transaction  with Mada  Multimedia Inc. On March

<PAGE>

28,  2005,  the Company  announced  that it had  completed  the  acquisition  of
Telediscount  Communications  Inc.,  a  New  York  corporation,  pursuant  to an
Agreement and Plan of Merger.

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 6,850,000  shares of its Common Stock  outstanding.  The Company
has no  operating  history and no material  assets.  As at March 31,  2005,  the
Company had $-0- in cash and $-0 as at December 31, 2004.

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.

On March 28, 2005, the Company  announced that it had completed the  acquisition
of  Telediscount  Communications  Inc., a New York  corporation,  pursuant to an
Agreement  and Plan of Merger.  The  Company's  plan of  operation  for the next
twelve (12) months is being  developed by the new management  from  Telediscount
Communications Inc. Additional capital will likely be required for the remainder
fiscal 2005 for the Company to  continue  to satisfy its cash  requirements  and
advance the business plan of Telediscount  Communications Inc. If the Company is
unable to raise  additional  funds,  the  Company  may be required to reduce its
workforce, reduce compensation levels, or modify its growth and business plan.

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.   EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

         (a)  Evaluation  of  disclosure  controls  and  procedures.  Our  chief
executive  officer  and  principal  financial  officer,   after  evaluating  the
effectiveness of the Company's  "disclosure controls and procedures" (as defined
in the Securities  Exchange Act of 1934 Rules  13a-14(c) and 15-d-14(c)) as of a
date (the  "Evaluation  Date")  within 90 days  before the  filing  date of this
quarterly  report,  has concluded that as of the Evaluation Date, our disclosure
controls and  procedures  were  adequate  and  designed to ensure that  material
information  relating  to us would be made known to him by others  within  those
entities.

         (b) Changes in internal controls.  There were no significant changes in
our  internal  controls  or to  our  knowledge,  in  other  factors  that  could
significantly  affect our disclosure  controls and procedures  subsequent to the
Evaluation Date.

<PAGE>

                            PART II OTHER INFORMATION

Item 1.  Legal Proceedings
         Not applicable

Item 2.  Changes in Securities
         Not applicable

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 and Reports on Form 8-K

         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.

         B. Reports on Form 8-K

On March 17, 2005, Millennium Capital Venture Holdings Inc. ("MCVH"), a Delaware
corporation  announced that Millennium  executed a letter of intent whereby MCVH
proposed  to  exchange  shares  of MCVH for one  hundred  percent  (100%) of the
outstanding shares of Telediscount Communications Inc., a New York corporation.

On March 28, 2005, Millennium announced that it had completed the acquisition of
Telediscount  Communications  Inc.,  a  New  York  corporation,  pursuant  to an
Agreement and Plan of Merger.

<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: June 16, 2005                          /s/ Francis Mailhot
                                             ------------------------
                                             Francis Mailhot
                                             CEO and Chairman


DATE: June 16, 2005                          /s/ Francis Mailhot
                                             ------------------------
                                             Francis Mailhot
                                             Chief Accounting Officer