UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                               AMENDMENT NO. 1 TO
                                   FORM 10-QSB

[X]  Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

                  For the quarterly period ended April 30, 2001

[ ]  Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of
     1934

     For the transition period                to
                              ----------------   -------------------

                         Commission File Number 0-29431
                                                -------

                             INFINEX VENTURES, INC.
         ----------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)


           Nevada                                  52-2151795
-------------------------------           --------------------------------
(State or other jurisdiction of          (IRS Employer Identification No.)
incorporation or organization)


Suite 200 - 675 West Hastings Street
Vancouver, British Columbia, Canada                     V6B 1N2
-------------------------------------             -------------------
(Address of principal executive offices)          (Postal or Zip Code)


Issuer's telephone number, including area code: 604-682-8468
                                                ------------

                                      None
         --------------------------------------------------------------
         (Former name, former address and former fiscal year, if changed
                               since last report)

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

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date: 5,353,500 Shares of $0.001 par value
Common Stock outstanding as of April 30, 2001.

<PAGE>
                          Index to Financial Statements
                             Infinex Ventures, Inc.
<TABLE>
<S>                                                       <C>

Balance sheets                                            1

Statements of loss and deficit                            2

Statements of cash flows                                  3

Notes to financial statement                              4-7

Item 2.  Management's Discussion and
Analysis of Financial Condition 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 of Form 8-K.

Signatures

</TABLE>

<PAGE>

                         PART 1 - FINANCIAL INFORMATION

Item 1.     Financial Statements
--------------------------------

The accompanying unaudited financial statements have been prepared in accordance
with the instructions to Form 10-QSB and Item 310 (b) of Regulation S-B, and,
therefore, do not include all information and footnotes necessary for a complete
presentation of financial position, results of operations, cash flows, and
stockholders' equity in conformity with generally accepted accounting
principles. In the opinion of management, all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been included and all such adjustments are of a normal recurring nature.
Operating results for the six months ended April 30, 2001 are not necessarily
indicative of the results that can be expected for the year ending October 31,
2001.

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                              FINANCIAL STATEMENTS

                                 APRIL 30, 2001
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                                  BALANCE SHEET
                                   (Unaudited)
                            (Stated in U.S. Dollars)
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------
                                                        APRIL 30     OCTOBER 31
                                                          2001          2000
-------------------------------------------------------------------------------
ASSETS

Current
<S>                                                   <C>           <C>
   Cash                                               $     1,219   $        15

Mineral Property Interest (Note 4)                             --            --
                                                      -------------------------
                                                      $     1,219   $        15

===============================================================================

LIABILITIES

Current
   Accounts payable and accrued liabilities           $     8,122   $     4,513

   Loans payable (Note 5)                                  55,189          -
                                                      -------------------------
                                                           63,311         4,513
                                                      -------------------------

SHAREHOLDERS' EQUITY (DEFICIRENCY)

Share Capital
   Authorized:
    75,000,000 common shares, par value
     $0.001 per share

   Issued and outstanding:
    5,353,500 common shares at April 30, 2001 and
    5,343,500 common shares at October 31, 2000             5,350         5,343

   Additional paid in capital                                -            9,257

Deficit Accumulated During The Exploration Stage          (67,442)      (19,098)
                                                      -------------------------
                                                          (62,092)       (4,498)
                                                      -------------------------

                                                      $     1,219   $        15
===============================================================================
</TABLE>

                                      F-1

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                          STATEMENT OF LOSS AND DEFICIT
                                   (Unaudited)
                            (Stated in U.S. Dollars)

-------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                                                                     INCEPTION
                                                                                                                     DECEMBER 30
                                                 THREE MONTHS ENDED                  SIX MONTHS ENDED                1998 TO
                                                    APRIL 30                           APRIL 30                      APRIL 30
                                                  2001                2000          2001              2000           2001
                                                  ----                ----          ----              ----           ----
Expenses
<S>                                           <C>              <C>              <C>              <C>              <C>
Bank charges                                  $        17      $        24      $        69      $        43      $       234
Consulting                                             --               --               --               --            2,500
Interest                                            1,756               --            1,756               --            1,756
Office facilities and sundry                           62              300            1,318              770            4,188
Mineral property option
 payments and
 exploration expenditures                              --               --               --               --            7,850
Professional fees                                   1,172            1,353            9,448            5,713           15,161
                                               -------------------------------------------------------------------------------
Net Loss For The Period                             3,007            1,677           12,591            6,526      $    31,689
                                                                                                                  ============
Deficit Accumulated During
  The Exploration Stage,
  Beginning Of Period                              64,435           15,688           19,098           10,839
                                               --------------------------------------------------------------
                                                   67,442           17,365           31,689           17,365
                                               --------------------------------------------------------------
Excess Of Consideration
  Paid For Dollar Maker, Inc.
  In Excess Of Additional
  Paid In Capital At The Date
  Of The Transaction                                   --               --           35,753               --
                                              ---------------------------------------------------------------
Deficit Accumulated During
  The Exploration Stage, End
  Of Period                                   $    67,442      $    17,365      $    67,442      $    17,365
                                              ===============================================================

Net Loss Per Share                            $    (0.001)     $    (0.001)     $    (0.002)     $    (0.001)
                                              ===============================================================
Weighted Average Number
  Of Shares Outstanding                         5,353,500        5,343,500        5,348,528        5,343,500
                                              ===============================================================
</TABLE>

                                      F-2

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                             STATEMENT OF CASH FLOWS

                                   (Unaudited)
                            (Stated in U.S. Dollars)
<TABLE>
<CAPTION>
                                                                                                                  INCEPTION
                                                                                                                  DECEMBER 30
                                                 THREE MONTHS ENDED               SIX MONTHS ENDED                1998 TO
                                                    APRIL 30                        APRIL 30                      APRIL 30
                                                  2001             2000          2001              2000           2001
                                                  ----             ----          ----              ----           ----
Cash Flows From Operating Activities
<S>                                           <C>             <C>             <C>             <C>             <C>
   Net loss for the period                    $ (3,007)       $ (1,677)       $(12,591)       $ (6,526)       $(31,689)

Adjustments To Reconcile Net Loss To
  Net Cash Used By Operating Activities
   Stock issued for other than cash                 --              --              --              --             250
   Change in accounts payable and
    accrued liabilities                          2,832           1,653           3,606           1,713           8,119
   Change in loans payable                          --              --          55,189              --          55,189
                                              -------------------------------------------------------------------------
                                                  (175)            (24)         46,204          (4,813)         31,869
                                              -------------------------------------------------------------------------
Cash Flows From Investing Activities
   Investment in Dollar Maker, Inc.                 --              --         (45,000)             --         (45,000)
                                              -------------------------------------------------------------------------

Cash Flows From Financing Activity
   Share capital issued                             --              --              --              --          14,350
                                              -------------------------------------------------------------------------
Increase (Decrease) In Cash                       (175)            (24)          1,204          (4,813)          1,219

Cash, Beginning Of Period                        1,394             (28)             15           4,761              --
                                              -------------------------------------------------------------------------

Cash, End Of Period                           $  1,219        $    (52)       $  1,219        $    (52)       $  1,219
                                              =========================================================================
Supplemental Disclosure Of Non-Cash
  Financing And Investing Activities:

   Common shares issued pursuant to
    mineral property option agreement         $     --        $     --        $     --        $     --        $    250
   Common shares issued pursuant to
    acquisition agreement                           --              --           1,000              --           1,000
                                              =========================================================================
</TABLE>

                                      F-3

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 APRIL 30, 2001
                                   (Unaudited)
                            (Stated in U.S. Dollars)

1.   BASIS OF PRESENTATION

     The unaudited financial statements as of April 30, 2001 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 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
     October 31, 2000 audited financial statements and notes thereto.

2.   NATURE OF OPERATIONS

     a)   Inception

     The Company was incorporated in the State of Nevada, U.S.A. on December 30,
     1998.

     b)   Exploration Stage Activities

     The Company is in the process of exploring its mineral property and has not
     yet determined whether the property contains ore reserves that are
     economically recoverable.

     The recoverability of amounts shown as mineral property and related
     deferred exploration expenditures is dependent upon the discovery of
     economically recoverable reserves, confirmation of the Company's interest
     in the underlying mineral claims, and the ability of the Company to obtain
     profitable production or proceeds from the disposition thereof.

     c)   Agreement and Plan of Merger

     Pursuant to an Agreement and Plan of Merger (the "Acquisition Agreement")
     effective November 14, 2000, the Company acquired 100% of all the issued
     and outstanding shares of common stock of Dollar Maker, Inc., a Nevada
     corporation, for $45,000 and 10,000 shares of the Company valued at $1,000.

     The acquisition was approved by the Board of Directors, and a majority of
     the shareholders of both Dollar Maker, Inc. and the Company on November 14,
     2000.

                                      F-4

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                         NOTES TO FINANCIAL STATEMENTS

                                 APRIL 30, 2001
                                   (Unaudited)
                            (Stated in U.S. Dollars)

2.   NATURE OF OPERATIONS (Continued)

     c)   Agreement and Plan of Merger (Continued)

     Upon effectiveness of the acquisition, the Company elected to become the
     successor issuer to Dollar Maker, Inc. for reporting purposes under the
     Securities Exchange Act of 1934 (the "Act") and elects to report under the
     Act effective November 14, 2000. Dollar Maker, Inc. assumed the name of the
     Company. The Company's officers and directors will become officers and
     directors of Dollar Maker, Inc.

     The $46,000 acquisition cost will be treated, for accounting purposes, as a
     reduction of the additional paid in capital at the date of the transaction
     with the excess charged to deficit, and not as goodwill as the nature of
     the transaction was to allow Infinex Ventures, Inc. to report under the Act
     by way of reorganization.

3.   SIGNIFICANT ACCOUNTING POLICIES

     The financial statements of the Company have been prepared in accordance
     with generally accepted accounting principles in the United States. Because
     a precise determination of many assets and liabilities is dependent upon
     future events, the preparation of financial statements for a period
     necessarily involves the use of estimates which have been made using
     careful judgement.

     The financial statements have, in management's opinion, been properly
     prepared within reasonable limits of materiality and within the framework
     of the significant accounting policies summarized below:

     a)   Option Payments and Exploration Costs

     The Company expenses all costs related to the maintenance and exploration
     of mineral claims in which it has secured exploration rights prior to
     establishment of proven and probable reserves. To date, the Company has not
     established the commercial feasibility of its exploration prospects,
     therefore, all costs are being expensed.

                                      F-5

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 APRIL 30, 2001
                                   (Unaudited)
                            (Stated in U.S. Dollars)

3.   SIGNIFICANT ACCOUNTING POLICIES (Continued)

     a)   Use of Estimates

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

     b)   Income Taxes

     The Company has adopted Statement of Financial Accounting Standards No. 109
     - "Accounting for Income Taxes" (SFAS 109). This standard requires the use
     of an asset and liability approach for financial accounting and reporting
     on income taxes. If it is more likely than not that some portion or all of
     a deferred tax asset will not be realized, a valuation allowance is
     recognized.

     c)   Financial Instruments

     The Company's financial instruments consist of cash, accounts payable and
     loans payable.

     Unless otherwise noted, it is management's opinion that this Company is not
     exposed to significant interest or credit risks arising from these
     financial instruments. The fair value of these financial instruments
     approximate their carrying values, unless otherwise noted.

     d)   Loss Per Share

     Loss per share is calculating the weighted average number of common shares
     outstanding during the period.

3.   MINERAL PROPERTY

     The Company has entered into an option agreement to acquire a 100%
     interest, subject to a 2% net smelter royalty, in the Gossan 1 to 9 mining
     claims located in Blaine County, Idaho, for the following consideration:

     a)   The issuance of 250,000 common shares (issued).

                                      F-6

<PAGE>

                             INFINEX VENTURES, INC.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 APRIL 30, 2001
                                   (Unaudited)
                            (Stated in U.S. Dollars)

4.   MINERAL PROPERTY (Continued)

     b)   Cash payments totalling $200,000 payable as follows:

          i)   $5,000 on execution of the agreement (paid);
          ii)  $5,000 by June 1, 2001;
          iii) $25,000 by June 1, 2002;
          iv)  $35,000 on June 1, 2003;
          v)   $55,000 on June 1, 2004;
          vi)  $75,000 on June 1, 2005.

     a)   Exploration expenditures totalling $100,000 to be incurred as follows:

          i)   $10,000 by August 30, 2001;
          ii)  an additional $40,000 by August 30, 2002;
          iii) a further $50,000 by August 30, 2003.

5.   LOANS PAYABLE
<TABLE>
<CAPTION>
                                                                     2001          2000
                                                                 -------------- ------------
<S>                                      <C>                     <C>            <C>
    Repayable on demand with interest at 8% per annum            $  45,000      $   -
    Repayable on demand without interest                            10,189          -
                                                                 -- ----------- --- --------
                                                                 $  55,189      $   -
                                                                 == =========== === ========
</TABLE>

                                      F-7

<PAGE>

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

Infinex Ventures, Inc. ("the Company") was incorporated in the state of Nevada
on December 30, 1998.  Pursuant to an Agreement and Plan of Merger dated
November 14, 2000, between the Infinex Ventures, Inc. and Dollar Maker, Inc.,
a
Nevada corporation ("Dollar Maker") and Infinex acquired all of the issued and
outstanding shares of Dollar Maker in exchange for 10,000 shares of restricted
common stock of Infinex Ventures, Inc. and $45,000.  As a result of the
transaction, Infinex Ventures, Inc. is the surviving company of the merger.

The Company, which has no employees, is a development stage corporation involved
in the acquisition, exploration and development of mineral properties. From
inception to date, the Company has not generated any revenue.

The Company's plan of business is to raise the financing necessary to commence
exploration on the Long Canyon Property located approximately eight mile
northeast of Carey, Blaine County, Idaho. The Company has the option to acquire
a 100% interest in the property by paying $200,000 to the property owner over
four years and by incurring $100,000 in exploration on the property over two
years. The Company's management is pursuing additional mineral property
acquisition opportunities.

The Company has also retained a market maker to sponsor its 15c211 application
with the National Association of Securities Dealers. If such application is
approved, the Company intends to have its shares quoted on the OTC Bulletin
Board.

<PAGE>

Forward-Looking Statements

This Form 10-QSB includes -" forward-looking statements" within the meaning of
the "safe-harbor" provisions of the Private Securities Litigation Reform Act of
1995. Such statements are based on management's current expectations and are
subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.

All statements other than historical facts included in this Form, including
without limitation, statements under "Plan of Operation", regarding the
Company's financial position, business strategy, and plans and objectives of
management of the Company for the future operations, are forward-looking
statements.

Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors that could cause
actual results to differ materially from the Company's expectations include, but
are not limited to, market conditions, competition and the ability to
successfully complete financing.

<PAGE>

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

The Company is not a party to any pending legal proceeding. Management is not
aware of any threatened litigation, claims or assessments.

Item 2. Changes in Securities

        None

Item 3. Defaults Upon Senior Securities

        None

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

        None

Item 5. Other Information

        None

Item 6. Exhibits and Report on Form 8-K

        None

There were no reports filed on Form 8-K during the six month period ended April
30, 2001.

                                       II-1
<PAGE>

                                   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.

INFINEX VENTURES, INC.

/s/ Mario Aiello
-------------------------------
    Mario Aiello, President

Date:  September 5, 2001

                                      II-2