**UNITEDSTATES****SECURITIES AND EXCHANGECOMMISSION****Washington D. C.20549**

**FORM 10-QSB**

**(X) Quarterly report pursuant toSection 13 or 15(d) of the  Securities****andExchange  Act of 1934.**

**For the quarterly period endedSeptember 30, 2001.**

**( ) Transition  report pursuant toSection 13 or 15(d) of the Exchange****Actfor the transition period from  _________ to _________ .**

**Commission File Number:333-44586**

**JAHB HOLDINGS,INC.****(Exact name of registrant asspecified in charter)**

| **DELAWARE****(State of or other jurisdictionof****incorporation or organization)** | **58-2565680****(IRS Employer I.D.  No.)** |
|-------------------------------------------------------------------------------------|--------------------------------------------|

**10325 Summer CreekDrive****Alpharetta, Georgia30022****(Address of Principal ExecutiveOffices)**

**(678)867-0960****(Registrant's Telephone Number,Including Area Code)**

Check whether the registrant:  (1) has filed all reportsrequired to be filed by Section by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports),  and (2) has beensubject to such filing requirements for the past 90 days. 

YES (x) NO ( )

Indicate the number of shares outstanding of each of theissuer's classes of stock as of September 30, 2001. 

10,503,000 Common Shares

Transitional Small Business Disclosure Format:

**YES (  ) NO (x)**

**1**

JAHB HOLDINGS,INC.INDEX TO FORM 10-QSB

| **PART I. FINANCIAL INFORMATION**                                                                                                                                    | **Page** |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
| Item 1. Financial Statements (unaudited)                                                                                                                             |          |
| Balance Sheets as of September 30, 2001 andDecember 31, 2000                                                                                                         | 3        |
| Statements of Operations for the three and ninemonths ended September 30, 2001 and 2000, and the period January 5, 1999 (dateof incorporation) to September 30, 2001 | 4        |
| Statement of Stockholders' Equity for the ninemonths ended September 30, 2001                                                                                        | 5        |
| Statements of Cash Flows for the three and ninemonths ended September 30, 2001 and 2000, and the period January 5, 1999 (dateof incorporation) to September 30, 2001 | 6        |
| Notes to Financial Statements                                                                                                                                        | 7        |
| Item 2. Management's Discussion and Analysis ofFinancial Condition and Results of Operations (including cautionarystatement)                                         | 9        |
| **PART II.	OTHER INFORMATION**                                                                                                                                       |          |
| Item 1. Legal Proceedings                                                                                                                                            | 10       |
| Item 2. Changes in Securities                                                                                                                                        | 10       |
| Item 3. Defaults Upon Senior Securities                                                                                                                              | 10       |
| Item 4. Submission of Matters to a Vote of SecuritiesHolders                                                                                                         | 10       |
| Item 5. Other Information                                                                                                                                            | 10       |
| Item 6. Exhibits and Reports on Form 8-K                                                                                                                             | 10       |
| Signatures                                                                                                                                                           | 10       |

**2**

JAHB HOLDINGS,INC.(A Development Stage Enterprise)

BALANCE SHEETS 

| ASSETS                                                                                                                  | September 30,2001(unaudited) |  | December31, 2000  |
|-------------------------------------------------------------------------------------------------------------------------|------------------------------|--|-------------------|
| CURRENT ASSETS-                                                                                                         |                              |  |                   |
|    Cash and cash equivalents                                                                             | $     84,696                 |  | $     92,378      |
|                                                                                                                         |                              |  |                   |
| TOTAL                                                                                                                   | $     84,696                 |  | $     92,378      |
|                                                                                                                         |                              |  |                   |
|                                                                                                                         |                              |  |                   |
| LIABILITIES AND STOCKHOLDERS’EQUITY                                                                               |                              |  |                   |
|                                                                                                                         |                              |  |                   |
| LIABILITIES                                                                                                             | $              -             |  | $             -   |
|                                                                                                                         |                              |  |                   |
| STOCKHOLDERS' EQUITY:                                                                                                   |                         |  |                   |
|    Common stock - $0.001 par value;20,000,000 shares authorized; 10,503,000 shares issued andoutstanding | 10,503                       |  | 10,503       |
| Additional paid-in capital                                                                                              | 127,747                      |  | 116,497      |
|    Deficit accumulated during thedevelopment stage                                                       | (53,554)                     |  | (34,622)          |
|           Totalstockholders' equity                                   | 84,696                       |  | 92,378            |
|                                                                                                                         |                              |  |                   |
| TOTAL                                                                                                                   | $     84,696                 |  | $    92,378  |

SEE NOTES TO FINANCIAL STATEMENTS. 

3

JAHB HOLDINGS,INC.(A Development Stage Enterprise)

STATEMENTS OFOPERATIONS(Unaudited)

|                                               |   | For the  three months endedSeptember 30, 2001 |   | For the nine months endedSeptember 30, 2001 |   | For the  three months endedSeptember 30, 2000 |   | For the  nine months endedSeptember 30, 2000 |   | For the Period January 5, 1999(date of incorporation) to September 30, 2001 |
|-----------------------------------------------|---|-----------------------------------------------|---|---------------------------------------------|---|-----------------------------------------------|---|----------------------------------------------|---|-----------------------------------------------------------------------------|
|                                               |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| **REVENUES-**Interest                         | $ | 1,139                                         | $ | 2,646                                       | $ | -                                             | $ | -                                            | $ | 3,966                                                                       |
|                                               |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| **EXPENSES:**                                 |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| Employee compensation                         |   | 3,750                                         |   | 11,250                                      |   | 3,750                                         |   | 11,250                                       |   | 26,250                                                                      |
| Consulting fees                               |   | -                                             |   | -                                           |   | -                                             |   |                                              |   | 10,500                                                                      |
| Professional fees                             |   | 4,671                                         |   | 7,257                                       |   | 6,551                                         |   | 6,551                                        |   | 16,749                                                                      |
| Organizational costs                          |   | -                                             |   | -                                           |   |                                               |   | 136                                          |   | 415                                                                         |
| Other                                         |   | 701                                           |   | 3,071                                       |   | 217                                           |   | 217                                          |   | 3,606                                                                       |
|                                               |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| Total expenses                                |   | 9,122                                         |   | 21,578                                      |   | 10,518                                        |   | 18,154                                       |   | 57,520                                                                      |
|                                               |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| **NET LOSS**                                  | $ | (7,983)                                       | $ | (18,932)                                    | $ | (10,518)                                      | $ | (18,154)                                     | $ | (53,554)                                                                    |
|                                               |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| Net Loss Per Share – Basic and Diluted  | $ | (0.00)                                        | $ | (0.00)                                      | $ | (0.00)                                        | $ | (0.00)                                       | $ | (0.00)                                                                      |
|                                               |   |                                               |   |                                             |   |                                               |   |                                              |   |                                                                             |
| Weighted Average Number of Shares Outstanding |   | 10,503,000                                    |   | 10,503,000                                  |   | 10,500,000                                    |   | 10,500,000                                   |   | 10,501,000                                                                  |

SEE NOTES TO FINANCIAL STATEMENTS**.**

4

JAHB HOLDINGS,INC.(A Development Stage Enterprise)

STATEMENT OF STOCKHOLDERS'EQUITYFor the nine months ended September 30,2001(Unaudited)

|                                      |  |            |              |           |                    |            |                                            |              |  |            |
|--------------------------------------|--|------------|--------------|-----------|--------------------|------------|--------------------------------------------|--------------|--|------------|
|                                      |  |            | Common Stock |           | Additional Paid-In |            | Deficit Accumulated During the Development |              |  |
|                                      |  | Shares     |              | Amount    |                    | Capital    |                                            | Stage        |  | Total      |
|                                      |  |            |              |           |                    |            |                                            |              |  |            |
| Balances, December 31, 2000          |  | 10,503,000 |              | $ 10,503  |                    | $  116,497 |                                            | $   (34,622) |  | $   92,378 |
|                                      |  |            |              |           |                    |            |                                            |              |  |            |
| Contribution of services by employee |  |            |              |           |                    | 11,250     |                                            |              |  | 11,250     |
|                                      |  |            |              |           |                    |            |                                            |              |  |            |
| Net Loss                             |  |            |              |           |                    |            |                                            | (18,932)     |  | (18,932)   |
|                                      |  |            |              |           |                    |            |                                            |              |  |            |
| Balances, September 30, 2001         |  | 10,503,000 |              | $  10,503 |                    | $  127,747 |                                            | $   (53,554) |  | $84,696    |
|                                      |  |            |              |           |                    |            |                                            |              |  |            |
|                                      |  |            |              |           |                    |            |                                            |              |  |            |

SEE NOTES TO FINANCIAL STATEMENTS. 

5

JAHB HOLDINGS,INC. (A Development Stage Enterprise)

STATEMENTS OF CASHFLOWS(Unaudited)

|                                                                            |   | For the three months ended September 30, 2001 |   | For the nine months ended September 30, 2001 |   | For the three months ended September 30, 2000 |   | For the nine months ended September 30, 2000 |   | For the period January 5, 1999 (date of  incorporation) toSeptember 30, 2001 |
|----------------------------------------------------------------------------|---|-----------------------------------------------|---|----------------------------------------------|---|-----------------------------------------------|---|----------------------------------------------|---|------------------------------------------------------------------------------|
| Cash Flows From Operating Activities:                                      |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
|    Net loss                                                 | $ | (7,983)                                       | $ | (18,932)                                     | $ | (10,518)                                      | $ | (18,154)                                     | $ | (53,554)                                                                     |
| Adjustments to reconcile net loss to net cash used by operatingactivities: |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Stock based consulting services                                            |   | -                                             |   | -                                            |   | -                                             |   | -                                            |   | 10,500                                                                       |
| Non-cash compensation                                                      |   | 3,750                                         |   | 11,250                                       |   | 3,750                                         |   | 11,250                                       |   | 26,250                                                                       |
| Net Cash Used by Operating Activities                                      |   | (4,233)                                       |   | (7,682)                                      |   | (6,768)                                       |   | (6,904)                                      |   | (16,804)                                                                     |
|                                                                            |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Cash Flows From Financing Activities:                                      |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
|    Issuance of common stock                                 |   | -                                             |   | -                                            |   | -                                             |   | -                                            |   | 1,500                                                                        |
| Net decreaese in affiliate advances                                        |   | -                                             |   | -                                            |   | (415)                                         |   | (279)                                        |   | -                                                                            |
|    Capital contribution                                     |   | -                                             |   | -                                            |   | 100,000                                       |   | 100,000                                      |   | 100,000                                                                      |
| Cash Provided by Financing Activities                                      |   | -                                             |   | -                                            |   | 99,585                                        |   | 99,721                                       |   | 101,500                                                                      |
|                                                                            |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Net Increase (decrease) In Cash and Cash Equivalents                       |   | (4,233)                                       |   | (7,682)                                      |   | 92,817                                        |   | 92,817                                       |   | 84,696                                                                       |
|                                                                            |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Cash and Cash Equivalents at Beginning of Period                           |   | 88,929                                        |   | 92,378                                       |   | -                                             |   | -                                            |   | -                                                                            |
|                                                                            |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Cash and Cash Equivalents at End of Period                                 | $ | 84,696                                        | $ | 84,696                                       | $ | 92,817                                        | $ | 92,817                                       | $ | 84,696                                                                       |
|                                                                            |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Supplemental disclosure of cash flow information:                          |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Cash paid for interest                                                     | $ | -                                             | $ | -                                            | $ | -                                             | $ | -                                            | $ | -                                                                            |
|                                                                            |   |                                               |   |                                              |   |                                               |   |                                              |   |                                                                              |
| Cash paid for income taxes                                                 | $ | -                                             | $ | -                                            | $ | -                                             | $ | -                                            | $ | -                                                                            |

 SEE NOTES TO FINANCIAL STATEMENTS. 

6

JAHB HOLDINGS,INC.NOTES TO FINANCIALSTATEMENTS(Unaudited)

**NOTE A - FORMATION AND OPERATIONS OF THE COMPANY**

JAHB Holdings, Inc. ("we",  "us", "our"), which wasincorporated under the laws of the state of Delaware on January 5, 1999, isconsidered to be in the development stage as defined in Financial  AccountingStandards  Board Statement No. 7.  We previously intended to provide interactivevideo conferencing software and services, however we have recently decided toapply for a license as a Georgia Residential Mortgage Broker so that we mayengage in mortgage banking activities. Our planned principal operations have notcommenced; therefore most of our accounting policies and procedures have not yetbeen established. 

USE OF ESTIMATES

The preparation of financial statements in accordancewith accounting principles generally accepted in the United States of Americarequires us to make estimates and assumptions that affect the reported  amountsof assets and  liabilities  and the  disclosure  of contingent assets andliabilities at the date of the financial  statements.  The reported amounts ofrevenues and expenses  during the  reporting  period may be affected by theestimates and assumptions we are required to make. Actual results could differfrom those estimates. 

#### BASIS OFPRESENTATION

Our accompanying unaudited financial statements havebeen prepared in accordance with accounting  principles generally accepted inthe United States of America for interim financial information and theinstructions  to Form  10-QSB  and Rule 10-1 of  Regulation  S-X of theSecurities and Exchange  Commission  (the "SEC").  Accordingly, these  financialstatements  do not include all of the footnotes  required by generally acceptedaccounting principles. In our opinion, all adjustments (consisting of normaland  recurring   adjustments)   considered   necessary  for  a  fairpresentation have been included.  Operating results for the nine months endedSeptember 30, 2001 are not necessarily indicative of the results that may beexpected for the year ended December 31, 2001. The accompanying financialstatements and the notes should be read in conjunction with our auditedfinancial statements as of and for the year ended December 31, 2000 contained inour Form 10-KSB.

**NOTE B - GOING CONCERN**

Our accompanying  financial  statements  have beenprepared on a going concern basis,  which  contemplates  the  realization ofassets and the  satisfaction of liabilities in the normal course of business.We have incurred net losses since our inception, anticipate  incurring netlosses for at least the next two years and will require a significant  amount ofcapital to  commence  our planned  principal  operations  and  proceed  with ourbusiness  plan.  Accordingly, our ability to continue as a going concern isdependent upon our ability to secure an  adequate  amount of capital to financeour planned  principal  operations and implement our business plan. We plan tooffer shares of our common stock through various private placements and asecondary public offering, however there is no assurance  that we will besuccessful  in our efforts to raise  capital.  These factors,  among  others,indicate  that we may be unable to continue as a going concern for a reasonableperiod of time. The  financial  statements  do  not  include  any  adjustmentsrelating  to the recoverability  and  classification of recorded asset amountsor the amounts and classification  of  liabilities  that might be necessaryshould we be unable to continue as a going concern. 

**7**

**NOTE C - INCOME TAXES**

During the period January 5, 1999 (date ofincorporation) to September 30, 2001, we recognized losses for both financialand tax reporting purposes.  As such, no provision for income taxes and/ordeferred income taxes payable have been provided for in the  accompanyingfinancial statements.

At September 30, 2001, we had a net operating losscarryforward of approximately $16,800 for income tax  purposes.  Thecarryforward  will be available to offset future taxable  income  through theperiod ended  September 30, 2021. The deferred income  tax asset  arising  fromthis net  operating  loss  carryforward  is not recorded in the  accompanyingbalance sheet because we  established a valuation allowance  to fully  reservesuch asset,  as its  realization  did not meet the required asset recognitionstandard established by SFAS 109 

**NOTE D - RELATED PARTY TRANSACTIONS**

On the date of incorporation, 10,500,000 shares of ourcommon stock were issued to our president  and certain of our president'srelatives as  consideration for certain consulting services. The value of theseservices, which was based on the  number,  and fair  value of shares  issued (asdetermined  by our Board of Directors),  has been  reflected  as  consultingservices  in the  accompanying statement of operations. 

We recognized $11,250 of employee compensation duringeach of the nine-month periods ended September 30, 2001 and 2000, respectively.We believe these amounts represent the fair value of services provided to us byour president during these periods. Because this compensation will not be paid,now or in the future, these amounts have  been reflected as increases inadditional paid-in capital in the accompanying financial statements. No amountshave been ascribed to the use of a portion of our president's home for officespace in the accompanying statements of operations because the value of suchoffice space was not considered significant. 

Our President and majority stockholder periodicallyadvanced funds to us during the year ended December 31, 2000. These advances,which were repaid as of December 31, 2000, were unsecured, non-interest bearingand due on demand. Also, the parents of our President (who are also two of ourminority stockholders) made a $100,000 capital contribution during the year.  Noconsideration was provided and/or is to be provided for thiscontribution.

**NOTE E – NET LOSS PER SHARE**

We compute  net loss per share in  accordance  with SFASNo. 128  "Earnings  per Share"  ("SFAS No.  128") and SEC Staff  AccountingBulletin No. 98 ("SAB 98"). Under the  provisions  of SFAS No.  128 and SAB 98,basic net loss per share is computed by  dividing  the net loss  available  tocommon  stockholders  for the period by the weighted  average number of commonshares  outstanding  during the period.  Diluted net loss per share is computedby dividing the net loss for the period by the number of common and commonequivalent shares  outstanding  during the period.  There were no commonequivalent  shares outstanding at any time since our inception; accordingly,basic and diluted net loss per share are identical for each of the periods inthe accompanying statements of operations. 

**8**

**NOTE F - COMMON STOCK OFFERING**

In October, 2000, our registration statement with theSEC to sell up to 2,000,000 shares of our common stock at $0.50 per share, wasdeclared effective. The offering, which will close on October 24, 2001, is on abest-efforts, no minimum basis. As such, there is no escrow of any of theproceeds of the offering and we  have the immediate  use of any such funds tofinance our operations.

Item 2. 

**MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIALCONDITION AND RESULTS OF OPERATIONS**

The following discussion and analysis should be read inconjunction  with the balance  sheet as of December 31, 2000 and the financialstatements as of and for the three and nine months ended September 30, 2001 and2000 included with this Form 10-QSB.

We are considered to be in the development stage asdefined in Financial Accounting Standards Board Statement No. 7.  With theexception of certain cash, which arose substantially from a $100,000 capitalcontribution made by the parents of our president, we have no assets.  Inaddition, our only revenues have resulted from interest income earned on ourcash balances, and our total expenses through September 30, 2001 wereapproximately $54,000.  This amount includes non-cash compensation andconsulting fees of approximately $37,000. Our expenses for the three and ninemonths ended September 30, 2001 and 2000 were approximately $9,100, $21,600,$10,500 and $18,200, respectively.  These amounts included non-cash compensationof $3,750 for each of the quarterly periods ended September 30, 2001 and 2000.Expenses requiring the outlay of cash were funded primarily through the proceedsof the $100,000 capital contribution discussed above.  

The expenses  we have  incurred  to date  ariseprimarily  from our  efforts  to establish clients and begin our businessoperations under our predecessor business plan (see Note A to the financialstatements).  We have recently decided to engage in mortgage brokerageactivities, and intend to file a registration statement with the Securities andExchange Commission to raise up to $500,000 to fund our operations.  Because wedo not plan to conduct any product research and development, purchase any plantor significant equipment or hire any additional employees until we have theraised the requisite capital to commence our operations, we anticipate that wewill have adequate cash to maintain our current operations for the next year.

Readers   are   referred   to  the   cautionarystatement,   which   addresses forward-looking statements.

**CAUTIONARY STATEMENT**

This Form 10-QSB, press releases and certain informationprovided  periodically in writing or orally by our  officers  or our agentscontain  statements  which constitute  forward-looking  statements within themeaning of Section 27A of the Securities  Act, as amended and Section 21E of theSecurities  Exchange  Act of 1934. The words expect,  anticipate,  believe,goal, plan, intend,  estimate and similar  expressions and variations thereof ifused are intended to specifically identify  forward-looking  statements.  Thosestatements  appear in a number of places in this  Form  10-QSB  and in otherplaces,  particularly,  Management's Discussion and Analysis or Results ofOperations,  and include statements regarding the intent, belief or currentexpectations us, our directors or our officers  with respect to, among otherthings:  (i) 

**9**

our  liquidity  and capital resources;  (ii) ourfinancing  opportunities  and plans and (iii) our  future performance  andoperating  results.  Investors and  prospective  investors are cautioned thatany such forward-looking  statements are not guarantees of future performanceand involve risks and uncertainties, and that actual results may differmaterially from those projected in the  forward-looking  statements as a resultof  various  factors.  The  factors  that might  cause  such  differencesinclude,  among  others,  the  following:  (i) any  material  inability of us tosuccessfully  internally  develop  our  products;  (ii) any  adverse  effect  orlimitations caused by Governmental regulations;  (iii) any adverse effect on ourpositive  cash flow and abilities to obtain  acceptable  financing in connectionwith our growth  plans;  (iv) any  increased  competition  in business;  (v) anyinability of us to  successfully  conduct our business in new markets;  and (vi)other risks  including  those  identified in our filings with the Securities andExchange Commission. We undertake no obligation to publicly update or revise theforward  looking  statements  made in this  Form  10-QSB  to  reflect  events orcircumstances after the date of this Form 10-QSB or to reflect the occurrence ofunanticipated events. 

**PART II. - OTHERINFORMATION**

Item 1. Legal Proceedings 

**NONE**

Item 2. Changes in Securities 

**NONE**

Item 3. Defaults Upon Senior Securities 

**NONE**

Item 4. Submission of Matters to a Vote of SecuritiesHolders 

**NONE**

Item 5. Other Information 

**NONE**

Item 6. Exhibits and Reports on Form 8-K 

**NONE**

**SIGNATURES**

Pursuant  to the  requirements  of the  SecuritiesExchange  Act of  1934,  the registrant  has duly  caused  this  report  to besigned  on its  behalf by the undersigned, thereunto duly authorized.

| **SIGNATURE**     | **TITLE**                          | **DATE**         |
|-------------------|------------------------------------|------------------|
| /s/ Joel Arberman | Director, Chief Accounting Officer | October 23, 2001 |

**10**