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

                             FORM 10-QSB

(Mark One)
[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

For the quarterly period ended June 30, 2003

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from ______________ to ______________

                  Commission file number 000-32231

                  MEDIA AND ENTERTAINMENT.COM, INC.
             ------------------------------------------
  (Exact name of small business issuer as specified in its charter)

         Nevada                                52-2236253
      ------------                            -------------
(State or other jurisdiction                (I.R.S. Employer
of incorporation or organization)         Identification No.)

       10120 S. Eastern Avenue, Suite 200, Las Vegas, NV 89052
      ---------------------------------------------------------
              (Address of principal executive offices)

                           (702) 492-1282
                          ----------------
                     (Issuer's telephone number)

As of May 16, 2003, the issuer had 15,500,635 shares of common stock, $.001
par value, outstanding.

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




                                  -i-






                  Media and Entertainment.com, Inc.

                   Quarterly Report on Form 10-QSB
                     Quarter Ended June 30, 2003

                          Table of Contents

                                                                        Page

Independent Accountants' Review Report                                    v

PART I - FINANCIAL INFORMATION
Item 1. Financial Statements:
     Balance Sheet as of June 30, 2003 (Unaudited)                        1
     Statement of Operations and Accumulated Deficit (Unaudited)
       for the Three Months Ended June 30, 2003 and 2002
       and from inception to June 30, 2003                                2
     Statement of Changes in Stockholders' Equity (Deficit)(Unaudited)
       as of June 30, 2003                                                3
     Statements of Cash Flows (Unaudited) for the Three Months
       Ended  June 30, 2003 and 2002
       and from inception to June 30, 2003                                5
     Notes to Financial Statements                                        9
Item 2. Management's Discussion and Analysis or Plan of Operation        11
Item 3. Controls and Procedures                                          13

PART II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K                                 14

SIGNATURES                                                               15

CERTIFICATIONS                                                           16

EXHIBIT INDEX                                                            17


















                                  -ii-





















                  MEDIA AND ENTERTAINMENT.COM, INC.

                    (A DEVELOPMENT STAGE COMPANY)

                    REVIEWED FINANCIAL STATEMENTS

       FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2003 & 2002

                             (UNAUDITED)

























                                  -iii-














                              CONTENTS


INDEPENDENT AUDITORS' REPORT


FINANCIAL STATEMENTS:

     Balance Sheets                                                1

     Statements of Operations and Accumulated Deficit              2

     Statements of Changes in Stockholders' Equity (Deficit)     3-4

     Statements of Cash Flows                                      5


NOTES TO FINANCIAL STATEMENTS:                                   9-10


























                                  -iv-





               INDEPENDENT ACCOUNTANTS' REVIEW REPORT


To the Board of Directors
Media And Entertainment.com, Inc.:

We  have  reviewed  the  accompanying balance  sheets  of  Media  and
Entertainment.com, Inc. (a Nevada corporation) (a  development  stage
company)  as of June 30, 2003 and 2002 and the related statements  of
operations  and accumulated deficit, changes in stockholders'  equity
for the three and six months ended June 30, 2003 and 2002 and for the
period  April  27, 2000 (Inception date) to June 30,  2003,  and  the
statements of cash flows for the three and six months ended June  30,
2003  and 2002 and for the period April 27, 2000 (Inception date)  to
June  30,  2003,  in  accordance with  Statements  on  Standards  for
Accounting  and Review Services issued by the American  Institute  of
Certified  Public  Accountants.  All information  included  in  these
financial statements is the representation of the management of Media
and  Entertainment.com, Inc.  The financial statements of  Media  and
Entertainment.com, Inc. as of March 31, 2001, were reviewed by  other
accountants, whose report dated August 10, 2001 stated that they were
not  aware of any material modifications that should be made to those
statements  in  order  for  them to be in conformity  with  generally
accepted accounting principles in the United States of America.

A  review consists principally of inquiries of Company personnel  and
analytical procedures applied to financial data.  It is substantially
less  in  scope  than an audit in accordance with generally  accepted
auditing standards in the United States of America, the objective  of
which  is  the  expression  of  an opinion  regarding  the  financial
statements taken as a whole.  Accordingly, we do not express such  an
opinion.

Based  on  our review, we are not aware of any material modifications
that should be made to the accompanying financial statements in order
for  them  to  be  in  conformity with generally accepted  accounting
principles in the United States of America.

As  discussed in Note 3, certain conditions indicate that the Company
may  be  unable to continue as a going concern.  However,  management
plans   to   continue  the  business  as  set  forth  therein.    The
accompanying  financial statements do no include any  adjustments  to
the  financial statements that might be necessary should the  Company
be unable to continue as a going concern.




                                   Chavez & Koch, CPA's

August 12, 2003
Henderson, Nevada




                                  -v-






                   MEDIA AND ENTERTAINMENT.COM, INC.
                    (A DEVELOPMENT STAGE COMPANY)
                           BALANCE SHEETS
                    AS OF JUNE 30, 2003 & 2002


<TABLE>
<CAPTION>
                                                                        UNAUDITED
                                                                --------------------------
                                                                 06/30/2003    06/30/2002
                                                                ------------  ------------
                                     ASSETS

<S>                                                                  <C>            <C>
ASSETS:

  Current assets:
    Cash                                                          $    322     $  237,748
    Accounts receivable                                              8,375         11,100
                                                                ------------  ------------
       Total current assets                                          8,697        248,848
                                                                ------------  ------------
  Fixed assets:
    Computer Equipment                                              97,926         21,744
    Software                                                         1,388          1,388
    Less: accumulated depreciation                                 (23,408)        (2,508)
                                                                ------------  ------------
       Total fixed assets                                           75,906         20,624
                                                                ------------  ------------
  Other assets:
    Officer's salary advance                                        37,000         73,500
    Refundable deposits                                              5,760          2,760
                                                                ------------  ------------
       Total other assets                                           42,760         76,260
                                                                ------------  ------------

TOTAL ASSETS                                                     $ 127,363     $  345,732
                                                                ============  ============

                      LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES:

  Current liabilities:
    Accounts payable                                             $  49,212     $   15,671
    Accrued expenses                                                22,835          5,665
    Payroll tax liabilities                                         18,663              -
    Loan payable - officer, director & shareholder                 191,161        180,323
                                                                ------------  ------------
       Total current liabilities                                   281,871        201,659
                                                                ------------  ------------

TOTAL LIABILITIES                                                  281,871        201,659
                                                                ============  ============

Stockholders' equity:
  Convertible preferred stock, $0.001 par value 5,000,000
       shares authorized, 100 and zero shares issued and
       outstanding at 06/30/2003 and 06/30/02, respectively              2              -
  Additional paid-in capital - convertible preferred stock         132,848              -
  Paid-in capital - stock warrants                                  22,150              -
  Common stock, $0.001 par value, 50,000,000 shares
       authorized, 11,075,765 and 10,925,765 shares issued and
       outstanding  at 06/30/03 and 06/30/02, respectively          11,075         10,925
  Additional paid-in capital - common stock                      2,024,283      1,977,933
  Deferred compensation                                           (303,465)      (606,931)
  Accumulated deficit during development stage                  (2,041,401)    (1,237,854)
                                                                ------------  ------------
       Total stockholders' equity                                 (154,508)       144,073
                                                                ------------  ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                         127,363        345,732
                                                                ============  ============
</TABLE>



The accompanying independent accountants' review report and notes to financial
    statements should be read in conjunction with these Balance Sheets



                                  -1-






                   MEDIA AND ENTERTAINMENT.COM, INC.
                    (A DEVELOPMENT STAGE COMPANY)
            STATEMENT OF OPERATIONS AND ACCUMULATED DEFECIT
       FOR THE THREE & SIX MONTHS ENDED JUNE 30, 2003 & 2002 AND
                   FROM INCEPTION TO JUNE 30, 2003

<TABLE>
<CAPTION>
                                                                                  UNAUDITED
                                                       ----------------------------------------------------------------------
                                                          Three months ended           Six months ended        Inception to
                                                       06/30/2003     06/30/2002    06/30/2003    06/30/2002     06/30/2003
                                                       -----------   ------------   -----------   -----------   -------------
<S>                                                        <C>            <C>           <C>           <C>            <C>

REVENUE                                                 $      -      $       -      $      -     $  13,925      $  25,615

COST OF GOODS SOLD                                             -              -             -             -              -
                                                       -----------   ------------   -----------   -----------   -------------
GROSS PROFIT                                                   -              -             -        13,925         25,615
                                                       -----------   ------------   -----------   -----------   -------------
EXPENSES:
  Selling, general and administrative                      4,231         30,075        25,225       183,368        733,687
  Selling, general and administrative, related party           -              -             -         2,946        652,660
  Depreciation expense                                     5,323          1,138        10,591         1,609         23,408
                                                       -----------   ------------   -----------   -----------   -------------
     Total expenses                                        9,554         31,213             -       187,923      1,409,755
                                                       -----------   ------------   -----------   -----------   -------------
OPERATING INCOME (LOSS)                                   (9,554)       (31,213)       35,816      (173,998)    (1,384,140)
                                                       -----------   ------------   -----------   -----------   -------------
OTHER INCOME/(EXPENSES):
  Research and development expense                       (11,000)       (83,940)      (32,025)     (132,361)      (661,466)
  Interest expense                                        (3,135)         5,665        (5,822)       (5,665)       (20,138)
  Interest income                                              -              -             -             -             12
  Other income                                            24,331              -        24,331             -         24,331
                                                       -----------   ------------   -----------   -----------   -------------
     Total other income/(expenses)                        10,196        (78,275)      (13,516)     (138,026)      (657,261)
                                                       -----------   ------------   -----------   -----------   -------------
NET ORDINARY INCOME (LOSS)                                   642       (109,488)      (49,332)     (312,024)    (2,041,401)
                                                       -----------   ------------   -----------   -----------   -------------
Accumulated Deficit, beginning of period              (2,042,043)    (1,128,366)   (1,992,069)     (925,830)             -

Accumulated Deficit, end of period                  $ (2,041,401)    (1,237,854)   (2,041,401)   (1,237,854)    (2,041,401)
                                                       ===========   ============   ===========   ===========   =============
Basic weighted average number of
  common shares outstanding                           11,075,765      9,840,686    11,075,765     9,840,686     10,287,619
                                                       ===========   ============   ===========   ===========   =============
Basic Net Income (Loss) per Share                    $     (0.00)         (0.01)        (0.00)        (0.03)         (0.20)
                                                       ===========   ============   ===========   ===========   =============

</TABLE>


The accompanying independent accountants' review report and notes to financial
statements should be read in conjunction with these Statements of Operations
                           and Accumulated Deficit






                                  -2-






                   MEDIA AND ENTERTAINMENT.COM, INC.
                    (A DEVELOPMENT STAGE COMPANY)
         STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
                        AS OF JUNE 30, 2003
                             UNAUDITED

<TABLE>
<CAPTION>
                                            Add'l
                                           Paid-in
                          Convertible      Capital-    Paid-in                                                 Accumulated  Total
                         Preferred Stock  Convertible  Capital -   Common Stock     Add'l Paid                 Deficit      Stock-
                                           preferred   Stock                        In Capital     Deferred    Development  holders'
                         Shares  Value      stock      warrants   Shares   Value   Common stock  Compensation  Stage        Equity
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
<S>                       <C>     <C>        <C>          <C>       <C>      <C>        <C>         <C>          <C>         <C>

Issued for cash
August 31, 2000            -       -      $   -        $   -    3,250,000  $3,250   $  5,250      $      -      $     -    $ 8,500

Issued for cash
November 10, 2000          -       -          -            -    1,699,750   1,700    168,275             -            -    169,975
Accumulated deficit
December 31, 2000          -       -          -            -            -       -          -             -      (94,537)   (94,537)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at December 31,
2000                       -       -          -            -    4,949,750   4,950    173,525             -      (94,537)    83,938
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Issued for services
June 1, 2001               -       -          -            -       52,000      52      5,148        (5,200)           -          -
June 7, 2001               -       -          -            -      455,000     455    129,220      (129,675)           -          -
July 31, 2001              -       -          -            -      200,000     200     59,800       (60,000)           -          -
August 1, 2001             -       -          -            -      100,000     100     29,900       (30,000)           -          -
August 8, 2001             -       -          -            -      100,000     100     29,900       (30,000)           -          -
August 20, 2001            -       -          -            -      500,000     500    124,500      (125,000)           -          -
August 23, 2001            -       -          -            -      200,000     200     49,800       (50,000)           -          -
September 5, 2001          -       -          -            -       50,000      50     14,172       (14,222)           -          -
September 11, 2001         -       -          -            -      200,000     200     56,692       (56,892)           -          -
October 15, 2001           -       -          -            -       50,000      50     17,450       (17,500)           -          -
December 20, 2001          -       -          -            -       50,000      50     20,950       (21,000)           -          -

Issued for stock awards
July 31, 2001              -       -          -            -      920,000     920    275,080      (276,000)

Nexcode acquisition
August 6, 2001             -       -          -            -    1,200,000   1,200    404,800             -            -    406,000

Issued for stock awards
October 5, 2001            -       -          -            -      500,000     500    154,500      (155,000)           -          -

Issued for stock awards
October 25, 2001           -       -          -            -       10,000      10      5,990        (6,000)           -          -

Future services received
December 31, 2001          -       -          -            -            -       -          -       235,769            -    235,769

Net income (loss)
December 31, 2001          -       -          -            -            -       -          -             -     (831,293)  (831,293)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at December 31,
2001                       -       -          -            -    9,536,750   9,537  1,551,427      (740,720)    (925,830)  (105,586)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Issued for cash
March 31, 2002             -       -          -            -      120,969     120     37,380             -            -     37,500

Future services received
March 31, 2002             -       -          -            -            -       -          -       133,789            -    133,789

Net income (loss)
March 31, 2002             -       -          -            -            -       -          -             -     (202,536)  (202,536)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at March 31,       -       -          -            -    9,657,719   9,657  1,588,807      (606,931)  (1,128,366)  (136,833)
2002                     ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------


</TABLE>


The accompanying independent accountants' review report and notes to financial
statements should be read in conjunction with this Statement of Changes in
Stockholders' Equity (Deficit).




                                  -3-





                   MEDIA AND ENTERTAINMENT.COM, INC.
                    (A DEVELOPMENT STAGE COMPANY)
         STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (CONTINUED)
                        AS OF JUNE 30, 2003
                             UNAUDITED


<TABLE>
<CAPTION>
                                            Add'l
                                           Paid-in
                          Convertible      Capital-    Paid-in                                                 Accumulated  Total
                         Preferred Stock  Convertible  Capital -   Common Stock     Add'l Paid                 Deficit      Stock-
                                           preferred   Stock                        In Capital     Deferred    Development  holders'
                         Shares  Value      stock      warrants   Shares   Value   Common stock  Compensation  Stage        Equity
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
<S>                       <C>     <C>          <C>          <C>     <C>      <C>        <C>         <C>           <C>         <C>
Issued for cash
April 9, 2002              -       -            -            -    142,645    143     44,077            -             -     44,220

Issued for cash
May 9, 2002                -       -            -            -    270,000    270     80,730            -             -     81,000

Issued for cash
June 9, 2002               -       -            -            -    855,401    855    264,319            -             -    265,174

Net income (loss)
June 30, 2002              -       -            -            -          -      -          -            -      (109,488)  (109,488)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at June 30,
2002                       -       -            -            -  10,925,765 10,925  1,977,933     (606,931)   (1,237,854)   144,073
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Issued for cash
July 1, 2002               -       -            -            -    150,000    150     46,350            -             -     46,500

Issued for cash
September 19, 2002
                           100     -        8,571        1,429          -      -          -            -             -     10,000

Future services received
September 30, 2002
                           -       -            -            -          -      -          -      303,466             -    303,466

Net income (loss)
September 30, 2002
                           -       -            -            -          -      -          -            -      (552,862)  (552,862)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at September 30,
2002                       100     -        8,571        1,429  11,075,765 11,075  2,024,283     (303,465)   (1,790,716)   (48,823)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Issued for cash
October 8, 2002
                           80      1       68,567       11,432          -      -          -            -             -     80,000

Issued for cash
October 22, 2002
                           100     -        8,571        1,429          -      -          -            -             -     10,000

Issued for cash
November 8, 2002
                           50      -        4,285          715          -      -          -            -             -      5,000

Issued for cash
December 5, 2002
                           500     1       42,854        7,145          -      -          -            -             -     50,000

Net income (loss)
December 31, 2002
                           -       -            -            -          -      -          -            -      (201,353)  (201,353)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at December 31,
2002                       1,550   2      132,848       22,150  11,075,765 11,075  2,024,283     (303,465)   (1,992,069)  (105,176)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Net Income (loss)
March 31, 2003
                           -       -            -            -          -      -          -            -       (49,974)   (49,974)

Balance at March 31,     ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
2003                       1,550   2      132,848       22,150  11,075,765 11,075  2,024,283     (303,465)   (2,042,043)  (155,150)
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Net income (loss)
June 30, 2003
                           -       -            -            -          -      -          -            -           642        642
                         ------  -----    -----------  --------   ------   ------  ------------  ------------  -----------  -------
Balance at June 30,
2003                       1,550  $2     $132,848      $22,150 $11,075,765 $11,075 $2,024,283    $(303,465)  $(2,041,401) $(154,508)
                         ======  =====    ===========  ========   ======   ======  ============  ============  ===========  =======

</TABLE>


The accompanying independent accountants' review report and notes to financial
statements should be read in conjunction with this Statement of Changes in
Stockholders' Equity (Deficit).




                                  -4-





                   MEDIA AND ENTERTAINMENT.COM, INC.
                    (A DEVELOPMENT STAGE COMPANY)
                       STATEMENT OF CASH FLOWS
       FOR THE THREE & SIX MONTHS ENDED JUNE 30, 2003 & 2002 AND
                   FROM INCEPTION TO JUNE 30, 2003

<TABLE>
<CAPTION>
                                                                                  UNAUDITED
                                                       ----------------------------------------------------------------------
                                                          Three months ended           Six months ended        Inception to
                                                       06/30/2003     06/30/2002    06/30/2003    06/30/2002     06/30/2003
                                                       -----------   ------------   -----------   -----------   -------------
<S>                                                        <C>            <C>           <C>           <C>            <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net (loss)                                    $             $              $             $             $
                                            642          (109,488)     (49,332)     (312,024)    (2,041,401)
Adjustments to reconcile net loss
to net cash used by operations:
  Depreciation
                                            5,323        1,138         10,591       1,609        23,408
  Stock Based Compensation
                                            -            -             -            133,789      846,549
  Accounts receivable
                                            -            (11,100)      -            (11,100)     (8,375)
  Nexcode Acquisition
                                            -            -             -            -            406,000
  Decrease in deposits
                                            (5,000)      (2,050)       (3,000)      (2,050)      (5,760)
  Increase (decrease) in accounts payable
                                            (22,893)     (4,477)       (18,835)     3,619        49,212
  Accrued expense
                                            3,135        5,665         5,823        5,665        22,835
  Accrued payroll tax expense
                                            -            -             930          -            18,663
Net cash (used) by operating activities
                                            (18,793)     (120,312)     (53,823)     (180,492)    (688,869)

CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of fixed assets
                                            1,613        (9,363)       -            (9,363)      (99,314)
  Loan to officer, director & shareholder
                                            -            (23,450)      -            (33,500)     (37,000)
Net cash used by investing activities
                                            1,613        (32,813)      -            (42,863)     (136,314)

CASH FLOWS FROM FINANCING ACTIVITIES:
  Issuance of common stock
                                            -            1,268         -            1,388        6,646
  Increase in additional paid-in capital
                                            -            389,126       -            426,506      627,698
  Loans from shareholders
                                            17,200       (6,783)       49,602       32,612       191,161
Net cash provided by financing activities
                                            17,200       383,611       49,602       460,506      825,505

NET INCREASE (DECREASE) IN CASH
                                            20           230,486       (4,221)      237,151      322

CASH, BEGINNING OF PERIOD
                                            302          7,262         4,543        597          -

CASH, END OF PERIOD                            $             $              $             $             $
                                            322          237,748       322          237,748      322

SUPPLEMENTARY INFORMATION:
  Interest paid                                 $             $              $             $             $
                                            -            -             -            -            4,329
  Income taxes paid                             $             $              $             $             $
                                            -            -             -            -            -

</TABLE>



The accompanying independent accountants' review report and notes to financial
statements should be read in conjunction with these Statements of Cash Flows.




                                  -5-





<TABLE>
<CAPTION>

                                                           Check        Operating            Investing     Financing   Non-Cash
                            06/30/2003   03/31/2003        Figure       dr          cr       dr      cr    dr    cr    dr    cr
                            -----------  -----------                    --------------------------------------------------------
  <S>                            <C>          <C>     <C>      <C>       <C>         <C>     <C>     <C>   <C>   <C>   <C>   <C>
  Cash                       $     322    $     302      20       20    26,300      27,893   1,613    -     -     -     -     -
  Accounts Receivable            8,375        8,375       -        -    --------------------------------------------------------
  Property and Equipment        99,314      100,927  (1,613)   1,613                         1,613
  Accumulated Depreciation     (23,408)     (18,085) (5,323)   5,323     5,323
  Deposits                       5,760          760   5,000   (5,000)                5,000
  Officer Advance               37,000       37,000       -        -
                            -----------  ----------- -------
TOTAL ASSETS:               $  127,363    $ 129,279  (1,916)       -
                            ===========  =========== =======

  Accounts payable          $   49,212    $  72,105 (22,893) (22,893)        -      22,893
  Accrued expenses              22,835    $  19,700   3,135    3,135     3,135
  Accrued payroll taxes         18,663    $  18,663       -        -         -
  Officer loans payable        191,161      173,961  17,200   17,200    17,200
  Common Stock                  11,075       11,075       -        -
  Convertible Preferred Stock        2            2       -        -
  APIC - Conv. Preferred       132,848      132,848       -        -
  APIC - Capital Stock Warr.    22,150       22,150       -        -
  Additional paid-in capital 2,024,283    2,024,283       -        -
  Stock subscriptions         (303,465)    (303,465)      -        -
  Retained (Deficit)        (2,041,401)  (2,042,043)    642      642       642
                            -----------  ----------- -------  -------   --------------------------------------------------------
TOTAL LIABILITIES & SE      $  127,363   $  129,279  (1,916)       -
                            ===========  =========== =======  =======

</TABLE>




                                  -6-






<TABLE>
<CAPTION>

                                                           Check        Operating            Investing     Financing   Non-Cash
                            06/30/2003   12/31/2002        Figure       dr          cr       dr      cr    dr    cr    dr    cr
                            -----------  -----------                    --------------------------------------------------------
  <S>                            <C>          <C>     <C>      <C>       <C>         <C>     <C>     <C>   <C>   <C>   <C>   <C>
  Cash                             322        4,543  (4,221)  (4,221)   66,946      71,167    -       -     -     -     -     -
  Accounts Receivable            8,375        8,375       -        -    --------------------------------------------------------
  Property and Equipment        99,314       99,314       -        -                          -
  Accumulated Depreciation     (23,408)     (12,817)(10,591)  10,591    10,591
  Deposits                       5,760        2,760   3,000   (3,000)                3,000
  Officer Advance               37,000       37,000       -        -
                            -----------  ----------- -------
TOTAL ASSETS:                  127,363      139,175 (11,812)       -
                            ===========  =========== =======

  Accounts payable              49,212       68,047 (18,835) (18,835)        -      18,835
  Accrued expenses              22,835       17,012   5,823    5,823     5,823
  Accrued payroll taxes         18,663       17,733     930      930       930
  Officer loans payable        191,161      141,559  49,602   49,602    49,602
  Common Stock                  11,075       11,075       -        -
  Convertible Preferred Stock        2            2       -        -
  APIC - Conv. Preferred       132,848      132,848       -        -
  APIC - Capital Stock Warr.    22,150       22,150       -        -
  Additional paid-in capital 2,024,283    2,024,283       -        -
  Stock subscriptions         (303,465)    (303,465)      -        -
  Retained (Deficit)        (2,041,401)  (1,992,069)(49,332)  49,332)               49,332
                            -----------  ----------- -------  -------   --------------------------------------------------------
TOTAL LIABILITIES & SE         127,363      139,175 (11,812)       -
                            ===========  =========== =======  =======
</TABLE>







                                  -7-





<TABLE>
<CAPTION>

                                          1/01/2003 to  4/1/2003 to   1/1/2003 to  1/1/02 to   1/1/01 to   8/1/00 to   Inception to
                                          06/30/2003    06/30/2003    03/31/2003   12/31/2002  12/31/2001  12/31/2000  12/31/2002
                                                        -----------   -----------  ----------  ----------  ----------  ------------
<S>                                            <C>           <C>           <C>          <C>         <C>         <C>         <C>
REVENUE                                            -             -             -   $   25,615  $        -  $        -  $   25,615

COST OF GOODS SOLD                                 -             -             -            -           -           -           -
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------
GROSS PROFIT                                       -             -             -       25,615           -           -      25,615
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------
EXPENSES:
   Selling, general and administrative        25,225         4,231        20,994      279,497     334,428      94,537     733,687
   Selling, general and administrative,
  related party                                    -             -             -      567,023      85,637           -     652,660
   Depreciation expense                       10,591         5,323         5,268       11,918         899           -      23,408
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------
           Total expenses                          -                                  858,438     420,964      94,537   1,409,755
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------

OPERATING INCOME (LOSS)                       35,816         9,554        26,262     (832,823)   (420,964)    (94,537) (1,384,140)
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------
OTHER INCOME/(EXPENSES):
   Research and development expense          (32,025)      (11,000)      (21,025)    (223,441)   (406,000)          -    (661,466)
   Interest expense                           (5,822)       (3,135)       (2,687)      (9,987)     (4,329)          -     (20,138)
   Interest income                                 -             -             -           12           -           -          12
   Other income                               24,331        24,331             -            -           -           -      24,331
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------
           Total other income/(expenses)     (13,516)       10,196       (23,712)    (233,416)   (410,329)          -    (681,592)
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------

NET ORDINARY INCOME (LOSS)                   (49,332)          642       (49,974) $(1,066,239)  $(831,293)   $(94,537)$(2,041,401)
                                          ------------  -----------   -----------  ----------  ----------  ----------  ------------

Accumulated Deficit, beginning of period  (1,992,069)            -    (1,992,069)    (925,830)    (94,537)          -           -

Accumulated Deficit, end of period        (2,041,401)          642    (2,042,043)  (1,992,069)   (925,830)    (94,537) (2,041,401)
                                          ============  ===========   ===========  ==========  ==========  ==========  ============
Basic weighted average number of
   common shares outstanding              11,075,765    11,075,765    11,075,765   10,497,153   6,735,616           -  10,287,619
                                          ============  ===========   ===========  ==========  ==========  ==========  ============
Basic Net Income (Loss) per Share              (0.00)         0.00         (0.00)       (0.10)      (0.12)                  (0.20)
                                          ============  ===========   ===========  ==========  ==========  ==========  ============

</TABLE>






                                  -8-


NOTE 1 - BASIS OF PRESENTATION

     The unaudited financial statements as of June 30, 2003 included
     herein have been prepared without audit 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 United
     States generally accepted accounting principles have been
     condensed or omitted pursuant to such rules and regulations. In
     the opinion of management, all adjustments (consisting of normal
     recurring accruals) considered necessary for a fair presentation
     have been included. It is suggested that these financial
     statements be read in conjunction with the December 31, 2002
     audited financial statements and notes thereto.


NOTE 2 - RELATED PARTY TRANSACTIONS

     The Company received two loans with current balances of $36,420
     and $154,742 from two shareholders, each bearing interest
     annually at 7%, in accordance with loan agreements that the
     Company had executed with both lenders, respectively.  For the
     period from inception to June 30, 2003, the Company had accrued
     interest expense of $22,835 related to these notes.


NOTE 3 - GOING CONCERN

     These financial statements have been prepared in accordance with
     generally accepted accounting principles applicable to  a  going
     concern,  which contemplates the realization of assets  and  the
     satisfaction of liabilities and commitments in the normal course
     of  business.   As of June 30, 2003, the Company had  recognized
     $25,615  of  revenues  to  date and had  accumulated  losses  of
     approximately $2,031,303 since inception.  The Company's ability
     to continue as a going concern is contingent upon the successful
     completion of additional financing arrangements and its  ability
     to achieve and maintain profitable operations.  Management plans
     to  raise  equity capital to finance the operating  and  capital
     requirements of the Company.  Amounts raised will  be  used  for
     further  development  of  the  Company's  products,  to  provide
     financing  for  marketing and promotion,  to  secure  additional
     property  and equipment, and for other working capital purposes.
     While  the Company is expending its best efforts to achieve  the
     above  plans, there is no assurance that any such activity  will
     generate funds that will be available for operations.


NOTE 4 - SUBSEQUENT EVENT

     On July 18, 2003, Media and Entertainment.com Inc. executed a
     Stock Purchase Agreement (the "SPA") and a Services Agreement
     with Winsonic Holdings, Ltd. ("Winsonics").  Winsonics is a
     privately held California corporation whose predecessor was
     founded in 1996 to create a new global communications
     infrastructure for the delivery of converged communications
     services, e.g., voice, data, video, audio, streaming media and
     broadcast content over protocol independent multi-layered
     communications systems, known as Winsonic Digital Cable Systems
     Network.  As a carriers' communications solutions provider,




                                  -9-





NOTE 4 - SUBSEQUENT EVENT (CONTINUED)

     Winsonics offers facilities based products and services to
     communications companies such as Verizon, SBC, Time Warner, MCI,
     Level 3, AOL, MSN and Sony.

     Pursuant to the SPA, the Company issued 30 million shares of its
     Common Stock valued at $.10 per share (the "Purchase Price"),
     which was equal to 150% of the fair market value of our common
     stock of $.07 per share when negotiations commenced.  The
     Purchase Price equals a fully diluted 60% of the total number of
     shares issued and outstanding giving effect to the issuance.
     All but 2 million of the shares (issued under the Services
     Agreement) are being held in escrow until earned.  The Purchase
     Price is payable by Winsonics' transfer to the Company of listed
     contracts with an agreed upon price of at least $3 million.  The
     28 million shares will be released from escrow upon recognition
     of at least 50% (or $1.5 million) derived from the listed
     contracts.  The Company and Winsonics have begun the process of
     assigning these contracts to the Company to commence work under
     such agreements.

     Under the SPA, Winston Johnson, founder and sole shareholder  of
     Winsonics,   was  elected  Chairman  and  CEO   of   Media   and
     Entertainment.com,  Inc.   In  addition,  under  the  five  year
     Services Agreement, Winston Johnson is providing services to the
     Company  in  exchange for 2 million shares of our  common  stock
     which  shall  be  an  advance of the 30 million  share  Purchase
     Price.   Under the Services Agreement, Mr. Johnson is  providing
     non-exclusive electronic access from Winsonic Process Digital
     ("Winsonic  Process")  digital  audio,  video,  data
     transmission and storage systems to  the Winsonic Digital Cable
     Systems Network  ("WDCSN") nationwide.









                                  -10-





Item 2.   Management's Plan of Operation.

Forward-Looking Statements

This Quarterly Report contains forward-looking statements about
our business, financial condition and prospects that reflect
management's assumptions and beliefs based on information
currently available. We can give no assurance that the
expectations indicated by such forward-looking statements will be
realized. If any of our management's assumptions should prove
incorrect, or if any of the risks and uncertainties underlying
such expectations should materialize, our actual results may
differ materially from those indicated by the forward-looking
statements.

The key factors that are not within our control and that may have
a direct bearing on operating results include, but are not
limited to, acceptance of our services, our ability to expand our
customer base, managements' ability to raise capital in the
future, the retention of key employees and changes in the
regulation of our industry.

There may be other risks and circumstances that management may be
unable to predict. When used in this quarterly report, words such
as, "believes," "expects," "intends," "plans," "anticipates,"
"estimates" and similar expressions are intended to identify
forward-looking statements, as defined in Section 21E of the
Securities Exchange Act of 1934, although there may be certain
forward-looking statements not accompanied by such expressions.

General

Media and Entertainment.com, Inc. is an Internet solutions
company. We believe that our software establishes a new standard
for the streaming of digital information via the Internet. It
enables Internet users to view all types of online video in full
screen format, at high speed, high quality, and greatly reduced
cost, reducing the need for expensive high-speed connections. The
technology can make it possible to produce streaming of scheduled
and live video over the Internet.

Media and Entertainment.com is pursuing the commercialization of
its software, which we believe establishes a new standard for the
streaming of digital information via the Internet.

We believe our software offers a technological advantage that
gives us the opportunity to either launch our own stand-alone
streaming media system or join forces with the existing media
companies by allowing them to incorporate our software into their
current delivery systems and share in the projected revenue
streams.




                                  -11-




Utilizing the latest in digital and streaming technology, our
services should lead to more efficient and effective
dissemination of traditional cinema advertising materials.

On July 18, 2003, Media and Entertainment.com Inc. executed a
Stock Purchase Agreement (the "SPA") and a Services Agreement
with Winsonic Holdings, Ltd. ("Winsonics").  Winsonics is a
privately held California corporation whose predecessor was
founded in 1996 to create a new global communications
infrastructure for the delivery of converged communications
services, e.g., voice, data, video, audio, streaming media and
broadcast content over protocol independent multi-layered
communications systems, known as Winsonic Digital Cable Systems
Network.  As a carriers' communications solutions provider,
Winsonics offers facilities based products and services to
communications companies such as Verizon, SBC, Time Warner, MCI,
Level 3, AOL, MSN and Sony.

Pursuant to the SPA, the Company issued 30 million shares of its
Common Stock valued at $.10 per share (the "Purchase Price")
which was equal to 150% of the fair market value of our common
stock of $.07 per share when negotiations commenced.  The
Purchase Price equals a fully diluted 60% of the total number of
shares issued and outstanding giving effect to the issuance.  All
but 2 million of the shares (issued under the Services Agreement)
are being held in escrow until earned.  The Purchase Price is
payable by Winsonics' transfer to the Company of listed contracts
with an agreed upon price of at least $3 million.  The 28 million
shares will be released from escrow when our auditors reflect the
recognition of at least 50% (or $1.5 million) derived from the
listed contracts.  The Company and Winsonics have begun the
process of assigning these contracts to the Company to commence
work under such agreements.

Under the SPA, Winston Johnson, founder and sole shareholder of
Winsonics, was elected Chairman and CEO of Media and
Entertainment.com, Inc.  In addition, under the five year
Services Agreement, Winston Johnson is providing services to the
Company in exchange for 2 million shares of our common stock
which shall be an advance of the 30 million share Purchase Price.
Under the Services Agreement, Mr. Johnson is providing non-
exclusive electronic access from Winsonic Process Digital
("Winsonic  Process") digital audio, video, data transmission
and storage systems to the Winsonic Digital Cable Systems Network
("WDSCSN") nationwide.

Material Changes in Results of Operations

For the six months ended June 30, 2003, we incurred a net loss of
$49,332 on revenues of $0. Total expenses for the six month
period, primarily representing general and administrative
expenses, as well as research and development expenses, were
$73,663, including depreciation expense of $10,591, compared to
$325,949 for the comparable period last year.  We have scaled
back our operations since we did not receive revenues from
contracts we entered into previously.  Until  such time as we are
able to obtain additional financing, we have taken appropriate
measures to reduce our overhead.




                                  -12-






Material Changes in Financial Condition

As June 30, 2003, we had a working capital deficit of $273,174,
compared to a deficit of $265,013 at March 31, 2003.

For the six months ended June 30, 2003, we experienced a net
decrease in cash of $4,221.

We have cut back our operations to match our projected available
cash. Our ability to implement our growth strategy is dependent
upon expanding our current revenues from sales of our products
and services and obtaining additional financing.


If we are unable to generate sufficient sustainable revenues or
obtain additional financing to meet our financial obligations, we
will have to further reduce our operations, and we will not be
able to continue as a going concern.  Our independent auditors
have indicated in their review report, dated August 12, 2003,
that there is substantial doubt about our ability to continue as
a going concern without increased revenues and additional
financing.

For the six months ended June 30, we used in operating activities
$53,823, compared to $180,492 used in the comparable period last
year, primarily as a result of our net loss.


For the six months ended June 30, 2003, we had net cash provided
by financing activities of $49,602, in the form if a loan from
officer.

Continuing Operations

Our priorities for the next twelve months of operations are to
continue to develop and subsequently market our products and
services to establish our business in the compression technology
software industry.  We are focused on our organizational
activities, raising capital and establishing a business presence
with vendors, business owners and referral sources. As we
generate revenue from our activities, we may elect to hire
salaried or hourly employees to operate certain aspects of our
business.

We may be unable to compete successfully, and the competitive
pressures we may face may have an adverse effect on our business,
results of operations, and financial condition.
Additionally, intensified competition could force us out of
business.  We require additional capital, which we intend to
raise through  one or more public or private offerings of equity
and/or debt.  There are no preliminary loan agreements or
understandings between us, our officers, directors or affiliates
or lending institutions. We have no arrangements or commitments
for accounts and accounts receivable financing.  We cannot
guarantee that any such financing can be obtained or, if obtained,
that it will be on reasonable terms.

Item 3.   Controls and Procedures.

Within 90 days of the filing of this report, management,
including our Chief Executive and Financial Officer, evaluated
the effectiveness of the design of our disclosure controls and
procedures, as defined in Rules 13a-14(c) and 15d-14(c) under the
Securities Exchange Act of 1934. Based on that evaluation, our
Chief Executive and Financial Officer concluded that our
disclosure controls and procedures are effective.

There have been no significant changes (including any corrective
actions with regard to significant deficiencies and material
weaknesses) in our internal controls or in other factors that
could significantly affect these controls subsequent to the date
of management's evaluation.





                                  -13-





                   PART II - OTHER INFORMATION

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

     (a)  Exhibits.

     31.1 Certification of the Chief Executive Officer and Chief
          Financial Officer required by Rule 13a-14(a) or Rule
          15d-14(a).

     32.1 Certification of the Chief Executive Officer and Chief
          Financial Officer required by Rule 13a-14(b) or Rule
          15d-14(b) and 18 U.S.C. 1350.

      (b) Reports on Form 8-K.

     None.


















                                  -14-






                           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.

Dated: August 14, 2003         MEDIA AND ENTERTAINMENT.COM, INC.


                              By:  /s/ Winston Johnson
                                 -------------------------------
                                 Chairman, Chief Executive Officer, and
                                 Chief Financial Officer Committee Chairman
                                (Principal Executive Officer and
                                 Principal Financial Officer)






















                                  -15-




                         CERTIFICATIONS

     I, Winston Johnson, the Chief Executive Officer and Chief
Financial Officer Committee Chairman, certify that:

     1.   I have reviewed this Form 10-QSB of Media and
Entertainment.com Inc.;

     2.   Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

     3.   Based on my knowledge, the financial statements, and
other financial information included in this report, fairly
present in all material respects the financial condition, results
of operations and cash flows of the small business issuer as of,
and for, the periods presented in this report;

     4.   The small business issuer's other certifying officer(s)
and I are responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules 13a-
15(e) and 15d-15(e)) * for the small business issuer and have:

          (a)  Designed such disclosure controls and procedures,
          or caused such disclosure controls and procedures to be
          designed under our supervision, to ensure that material
          information relating to the small business issuer,
          including its consolidated subsidiaries, is made known
          to us by others within those entities, particularly
          during the period in which this report is being
          prepared;

          (b)  *;

           (c) Evaluated the effectiveness of the small business
          issuer's disclosure controls and procedures and
          presented in this report our conclusions about the
          effectiveness of the disclosure controls and
          procedures, as of the end of the period covered by this
          report based on such evaluation; and

          (d)  Disclosed in this report any change in the small
          business issuer's internal control over financial
          reporting that occurred during the small business
          issuer's most recent fiscal quarter (the small business
          issuer's fourth fiscal quarter in the case of an annual
          report) that has materially affected, or is reasonably
          likely to materially affect, the small business
          issuer's internal control over financial reporting; and

     5.   The small business issuer's other certifying officer(s)
and I have disclosed, based on our most recent evaluation of
internal control over financial reporting, to the small business
issuer's auditors and the audit committee of the small business
issuer's board of directors (or persons performing the equivalent
functions):

          (a)  All significant deficiencies and material
          weaknesses in the design or operation of internal
          control over financial reporting which are reasonably
          likely to adversely affect the small business issuer's
          ability to record, process, summarize and report
          financial information; and

          (b)  Any fraud, whether or not material, that involves
          management or other employees who have a significant
          role in the small business issuer's internal control
          over financial reporting.

Date:          August 14, 2003

                                   /s/ Winston Johnson
                                   ----------------------------
                                   Winston Johnson
                                   Chief  Executive Officer and
                                   Chief Financial
                                   Officer Committee Chairman

* Indicates material omitted in accordance with SEC Release Nos.
33-8238; 34-47986.




                                  -16-








                Media and Entertainment.com, Inc.

                 Quarterly Report on Form 10-QSB
                  Quarter Ended March 31, 2003


                          Exhibit Index

Exhibit No.    Description

          31.1 Certification of the Chief Executive Officer and
          Chief Financial Officer required by Rule 13a-14(a) or
          Rule 15d-14(a).

          32.1 Certification of the Chief Executive Officer and
          Chief Financial Officer required by Rule 13a-14(b) or
          Rule 15d-14(b) and 18 U.S.C. 1350.



























                                  -17-