U. S. Securities and Exchange Commission
                         Washington, D. C.  20549

                              FORM 10-QSB

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

     For the quarter ended June 30, 1999
                           -------------

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

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

                        Commission File No. 0-25631
                                            -------

                             ALPHATRADE.COM
                             --------------
              (Name of Small Business Issuer in its Charter)

         NEVADA                                             Applied For
         ------                                             -----------
(State or Other Jurisdiction of                     (I.R.S. Employer I.D. No.)
 incorporation or organization)

                       Suite 400, 1111 West Georgia Street
                    Vancouver, British Columbia, Canada V6E 4M3
                    -------------------------------------------
                      (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (604) 681-7503

     Check whether the Issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the Company was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

     (1)   Yes  X    No            (2)   Yes  X    No
               ---      ---                  ---      ---


               (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                       DURING THE PAST FIVE YEARS)

     Check whether the issuer has filed all documents and reports required to
be filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court.  Yes____        No ___

                 (APPLICABLE ONLY TO CORPORATE ISSUERS)

          State the number of shares outstanding of each of the Issuer's
classes of common equity, as of the latest practicable date:

                                July 21, 1999

                          Common - 11,205,350 shares

                    DOCUMENTS INCORPORATED BY REFERENCE

                              NONE.

Transitional Small Business Issuer Format   Yes  X   No
                                                ---     ---

                  PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Consolidated Financial Statements of the Company required
to be filed with this 10-QSB Quarterly Report were prepared by management and
commence on the following page, together with related Notes.  In the opinion
of management, the Consolidated Financial Statements fairly present the
financial condition of the Company.

ALPHATRADE.COM
(Formerly Honor One Corporation)
(A Development Stage Company)
Balance Sheets

<TABLE>
<CAPTION>

ASSETS

                                        June 30,                  December 31,
                                          1999                      1998
                                        (Unaudited)
<S>                                 <C>                         <C>

CURRENT ASSETS

  Cash                              $     18,507                $       -
  Prepaid expenses                         6,755                        -

     Total Current Assets                 25,262                        -

FIXED ASSETS

  Computer hardware                       70,045                        -
  Office equipment and software           12,615                        -
  Accumulated depreciation                (6,210)                       -

     Total Fixed Assets                   76,450                        -

OTHER ASSETS

  Technology                                   -                        -

     Total Other Assets                        -                        -

     TOTAL ASSETS                   $    101,712                $

</TABLE>
                                ALPHATRADE.COM
                         (Formerly Honor One Corporation)
                           (A Development Stage Company)
                             Balance Sheets (Continued)

                LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
<TABLE>
<CAPTION>
                                        June 30,                  December 31,
                                          1999                       1998
                                      (Unaudited)
<S>                                 <C>                         <C>
CURRENT LIABILITIES

  Accounts payable                  $     75,140                $     11,687
  Accounts payable -
   related parties                        59,265                          -


     Total Current Liabilities           134,405                      11,687


     Total Liabilities                   134,405                      11,687


STOCKHOLDERS' EQUITY (DEFICIT)

  Convertible preferred stock; par
   value $0.001 per share; 10,000,000
   shares authorized, 2,000,000 shares
   issued and outstanding                  2,000                         -

  Common stock: $0.001 par value,
   100,000,000 shares authorized;
   11,204,250, and 6,100,000 shares
    issued and outstanding,
    respectively                          11,204                      6,100

  Additional paid-in capital           1,108,296                     46,400

  Common stock subscriptions
    receivable (302,571)                 (50,000)

  Accumulated deficit                   (851,622)                   (14,187)

     Total Stockholders'
      Equity (Deficit)                   (32,693)               (11,687)

TOTAL LIABILITIES AND STOCKHOLDERS'
     EQUITY (DEFICIT)                 $  101,712                $         -
</TABLE>
<PAGE>

                                ALPHATRADE.COM
                        (Formerly Honor One Corporation)
                          (A Development Stage Company)
                            Statements of Operations
                                (Unaudited)
<TABLE>
<CAPTION>
                                                                      From
                                                                 Inception on
                            For the               For the            June 6,
                       Six Months Ended     Three Months Ended    1995 Through
                          June 30,              June 30,             June 30,
                       1999    1998          1999   1998              1999
<S>                    <C>          <C>        <C>         <C>    <C>
REVENUES               $ 100,000     $  -      $100,000    $   -   $  100,000

EXPENSES                 937,435        -       369,885        -      951,622

NET LOSS               $(837,435)    $  -     $(269,885)   $  -    $ (851,622)

BASIC LOSS PER SHARE
 OF COMMON STOCK       $   (0.07)   $(0.00)    $   (0.05)  $(0.00)

FULLY DILUTED LOSS
 PER SHARE             $   (0.07)   $(0.00)    $   (0.05)  $(0.00)
</TABLE>
<PAGE>

                                ALPHATRADE.COM
                       (Formerly Honor One Corporation)
                         (A Development Stage Company)
                 Statements of Stockholders' Equity (Deficit)
             From Inception on June 6, 1995 through June 30, 1999
<TABLE>
<CAPTION>
                                   Preferred Stock           Common Stock
                                 Shares      Amount         Shares   Amount
<S>                              <C>        <C>         <C>          <C>
Balance at inception on
 June 6, 1995                       -       $   -            -       $   -
Issuance of 6,000,000
 shares of common stock
 for cash at $0.0004 per
 share on June 6, 1995              -           -        6,000,000       6,000

Net loss from inception on
 June 6, 1995 through
 December 31, 1995                  -           -            -           -

Balance,
 December 31, 1995                  -           -        6,000,000       6,000

Net loss for the year ended
 December 31, 1996                  -           -             -          -

Balance,
 December 31, 1996                  -           -        6,000,000       6,000

Net loss for the year ended
 December 31, 1997                  -           -             -          -

Balance,
 December 31, 1997                  -       $    -        6,000,000  $   6,000

Balance,
 December 31, 1997                  -       $    -        6,000,000  $   6,000

Stock issued on
 subscription for services
 at $0.50 per share on
 December 28, 1998                  -           -           100,000        100

Net loss for the year ended
 December 31, 1998                  -           -             -           -

Balance,
 December 31, 1998                  -           -        6,100,000       6,100

Stock issued for technology,
 recorded at predecessor
 cost, January 6, 1999              -                        -       4,000,000

Stock issued for services
 at $0.50 per share on
 January 6, 1999                    -           -          100,000         100

Stock issued on
 subscription at $1.00 per
 share, January 8, 1999             -           -        1,000,000       1,000

Balance Forward                     -       $     -     11,200,000   $  11,200

Balance Forward                     -       $     -     11,200,000   $  11,200

Stock issued to founders
 recorded at $0.001 which
 approximates predecessor
 cost, January 8, 1999           2,000,000     2,000         -           -

Receipt of stock
 subscription (unaudited)           -            -           -           -

Common stock issued for
 cash (unaudited)                   -            -          4,250            4


Net loss for the six
 months ended
 June 30, 1999
 (unaudited)                          -          -             -          -

Balance,
 June 30, 1999
 (unaudited)                     2,000,000  $   2,000   11,204,250   $  11,204

</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                        Additional
                          Paid-In         Subscriptions           Accumulated
                         Capital           Receivable              Deficit
                      <S>               <C>                    <C>

Balance at inception on
June 6, 1995           $     -           $     -                $     -

Issuance of 6,000,000
shares of common stock
for cash at $0.0004 per
share on June 6, 1995     (3,500)             -                      -

Net loss from inception on
June 6, 1995 through
December 31, 1995            -                 -                    (2,500)

Balance,
December 31, 1995         (3,500)             -                    (2,500)

Net loss for the year ended
December 31, 1995            -                 -                      -

Balance,
December 31, 1996         (3,500)             -                    (2,500)

Net Loss for the year ended
December 31, 1997            -                 -                      -

Balance,
December 31, 1997         (3,500)       $    -                    (2,500)

Stock issued on
subscription for services
at $0.50 per share on
December 31, 1998         49,900           (50,000)                  -

Net loss for the year ended
December 31, 1998           -                -                   (11,687)

Balance,
December 31, 1998         46,400           (50,000)              (14,187)

Stock issued for technology
recorded at predecessor
cost, January 6, 1999     (4,000)            -                      -

Stock issued for services
at $0.50 per share on
January 6, 1999           49,900             -                      -

Stock issued on
subscription at $1.00 per
share, January 8, 1999   999,000         (1,000,000)                -

Stock issued to founders
recorded at $0.001 which
approximates predecessor
cost, January 8, 1999        -                 -                      -

Receipt of stock
subscription (unaudited)     -               764,429                  -

Common stock issued for
cash (unaudited)          16,996            (17,000)                 -

Net loss for the six
months ended June 30,
1999 (unaudited)             -                  -                (837,435)

Balance,
June 30, 1999
(unaudited)           $1,108,296         $ (302,571)           $(851,622)
</TABLE>
<PAGE>
<TABLE>
                          ALPHATRADE.COM
                 (Formerly Honor One Corporation)
                  (A Development Stage Company)
                     Statements of Cash Flows
                           (unaudited)
<CAPTION>
                                                                     From
                                                                 Inception on
                                    For the          For the         June 6,
                              Six Months Ended Three Months Ended 1995 Through
                                 June 30,          June 30,          June 30,
                              1999      1998       1999      1998       1999
<S>                           <C>        <C>     <C>        <C>    <C>
CASH FLOWS FROM
 OPERATING ACTIVITIES

  Net loss                    $(837,435) $ -     $(269,885) $ -    $(851,622)
  Adjustments to reconcile
   net loss to net cash
   provided (used) by
   operating activities:

    Common stock issued
    for services                 50,000      -        -      -        50,000

    Preferred stock issued
    for services                  2,000      -        -      -         2,000

    Depreciation expense          6,210      -       4,133   -         6,210

  Changes in operating
    assets and liabilities:
     (Increase) decrease
     in prepaid expenses         (6,755)     -      (6,550)  -        (6,755)

   Increase (decrease)
   in accounts payable           63,453      -     (22,983)  -        75,140

  Net Cash Used by
   Operating Activities        (722,527)     -    (295,285)  -      (725,027)

CASH FLOWS FROM INVESTING
 ACTIVITIES

  Purchase of fixed assets      (82,660)     -     (14,560)  -       (82,660)

   Net Cash Used by
    Investing Activities        (82,660)     -     (14,560)  -       (82,660)

CASH FLOWS FROM FINANCING
 ACTIVITIES

  Payments to related
   parties                      (50,648)     -     (50,648)  -       (50,648)

  Proceeds from related
   parties                      126,913      -        -      -       126,913

  Common stock issued
   for cash                     747,429      -     379,000   -       749,929

  Net Cash Provided by
  Financing Activities          823,694      -     328,352   -       826,194

NET CHANGE IN CASH               18,507      -      18,507   -        18,507

CASH AND CASH EQUIVALENTS
 AT BEGINNING OF PERIOD             -        -         -      -          -

CASH AND CASH
 EQUIVALENTS AT END
 OF PERIOD                    $  18,507  $  -    $  18,507 $ -     $   18,507

SUPPLEMENTAL DISCLOSURE
 OF CASH FLOW INFORMATION

   Interest paid              $     -    $  -    $     -   $ -     $     -
   Income taxes paid          $     -    $  -    $     -   $ -     $     -

SCHEDULE OF NON-CASH
 FINANCING ACTIVITIES:

   Common stock issued
    for services              $ 50,000   $  -    $     -   $ -     $50,000
   Preferred stock issued
    for services              $  2,000   $  -    $     -   $ -     $ 2,000

</TABLE>

                                ALPHATRADE.COM
                       (Formerly Honor One Corporation)
                         (A Development Stage Company)
                      Notes to the Financial Statements
                     June 30, 1999 and December 31, 1998


NOTE 1 -    ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

            a.  Organization

            AlphaTrade.com was incorporated under the laws of the State of
            Nevada on June 6, 1995.  The Company has been in the development
            stage since incorporation.

            b.  Accounting Method

            The Company's financial statements are prepared using the accrual
            method of accounting.

            c.  Cash and Cash Equivalents

            Cash equivalents include short-term, highly liquid investments
            with maturities of three months or less at the time of
            acquisition.

            d.  Basic Loss Per Share

            The computations of basic loss per share of common stock are based
            on the weighted average number of shares outstanding at the date
            of the financial statements.

            e.  Provision for Taxes

            At June 30, 1999, the Company had net operating loss carryforwards
            of approximately $852,000 that may be offset against future
            taxable income through 2014.  No tax benefit has been reported in
            the financial statements, because the Company believes there is a
            50% or greater chance the carryforward will expire unused.
            Accordingly, the potential tax benefits of the loss carryforward
            are offset by a valuation amount of the same amount.

            f.  Additional Accounting Policies

            Additional accounting policies will be established once planned
            principal operations commence.

            g.  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 during the reporting
            period.  Actual results could differ from those estimates.

<PAGE>
                                ALPHATRADE.COM
                       (Formerly Honor One Corporation)
                         (A Development Stage Company)
                      Notes to the Financial Statements
                     June 30, 1999 and December 31, 1998

NOTE 1 -    ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
            (Continued)

            h.  Unaudited Financial Statements

            The accompanying unaudited financial statements include all of the
            adjustments which, in the opinion of management, are necessary for
            a fair presentation.  Such adjustments are of a normal, recurring
            nature.

NOTE 2 -    CONVERTIBLE PREFERRED STOCK

            The Company has 2,000,000 outstanding shares of convertible Class
            "A" preferred stock with the following features:

            *  Each preferred share is convertible into five underlying common
               shares at a conversion price of $0.05 per common share.
            *  Each holder of Class "A" preferred shares shall be entitled to
               five (5) votes (which can be voted prior to conversion) for
               every preferred share held to vote on any matters brought
               before the shareholders of the Company.
            *  The preferred shares are assignable.
            *  The preferred shares vet immediately to the holder upon
               issuance and cannot be canceled.

NOTE 3 -    ACCOUNTS PAYABLE - RELATED PARTIES

            The Company owes $59,265 to related parties for accrued salaries
            and other expenses incurred on the Company's behalf.  The accounts
            payable is non-interest bearing, unsecured and due on demand.

Item 2.   Management's Discussion and Analysis or Plan of Operation.

Plan of Operation.
------------------

          The Company will need to raise additional capital in the next six
months to satisfy all of its cash requirements for the marketing of its
browser technologies.  This will take the form of an equity issue of stock or
payments for licensing our technology to various companies.  The Company is in
negotiations with several companies with respect to the licensing the
proprietary technology and expects to complete on some of these agreements
during the second and third quarters.  While good progress was made during
this time on the development of the technology, there are a number of
uncertainties facing the Company for the balance of the year.  The information
technology industry is fiercely competitive and the Company needs to devote
its time exclusively to ensuring that the development of our browser
technologies is on target with our marketing plans.

Results of Operations.
----------------------

          At June 30, 1999, the Company had $18,507 in cash and $101,712 in
assets and $134,405 in liabilities.  The Company had $100,000 in revenues for
the three months ended June 30, 1999 and no revenues for the three months
ended June 30, 1998, with $369,885 and $0 in expenses, for net losses of
($269,885) and $0, respectively.

Liquidity
---------

          The Company reported $100,000 revenues for this period and the
outlook is for expenses to escalate as the need for capital expenditures,
research and development staff continues.  It is anticipated that revenues
will not be significant until the latter part of 1999 and into the year 2000.

Year 2000.
---------

          Because the Company is not presently engaged in any substantial
business operations, management does not believe that computer problems
associated with the change of year to the year 2000 will have any material
effect on its operations.  However, the possibility exists that the Company
may merge with or acquire a business that will be negatively affected by the
"year 2000" problem.  The effect of such problem or the Company in the future
can not be predicted with any accuracy until such time as the Company
identifies a merger or acquisition target.

                   PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.

          On June 8th, 1999, AlphaTrade.com was named as a defendant in a
Complaint filed in the District Court, Clark County, Nevada by WebData Corp.
and two of its shareholders.  The Complaint alleges that AlphaTrade.com and
the other Defendants infringed upon trade secrets and other intellectual
property belonging to WebData.  The Complaint also alleges that WebData was
deprived of certain corporate opportunities.  Damages and declaratory relief
were requested.

          AlphaTrade believes that the alleged technology described by WebData
in its Complaint is either in the public domain or uses rudimentary parsing
technology.  Thus, AlphaTrade did not deprive WebData of any corporate
opportunity.  AlphaTrade will vigorously defend this position and the Company
does not believe that the WebData lawsuit will have a material effect on
business.  An 8-K Current Report dated June 16, 1999, was filed by the Company
with the Securities and Exchange Commission on June 25, 1999, respecting this
proceeding, and is incorporated herein by reference.

Item 2.   Changes in Securities.

          None; not applicable.

Item 3.   Defaults Upon Senior Securities.

          None; not applicable.

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

          None; not applicable.

Item 5.   Other Information.

          None; not applicable.

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

          (a)  Exhibits.

               None.

          (b)  Reports on Form 8-K.

               8-K Current Report dated June 16, 1999, was filed by the
Company with the Securities and Exchange Commission on June 25, 1999.


                            SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                       ALPHATRADE.COM



Date: 8/13/99                          By/s/Victor D. Cardenas
      -------                          --------------------------------------
                                       Victor D. Cardenas
                                       President and Director



          Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, this Report has been signed below by the following persons on
behalf of the Company and in the capacities and on the dates indicated:


                                       ALPHATRADE.COM



Date: 8/13/99                          By/s/Victor D. Cardenas
     --------                          ------------------------------------
                                       Victor D. Cardenas
                                       President and
                                       Director


Date: 8/13/99                          By/s/J. Michael Pinkney
     --------                          ------------------------------------
                                       J. Michael Pinkney
                                       Secretary/Treasurer and Director


Date: 8/13/99                          By/s/Rafael DeNoyo
     --------                          ------------------------------------
                                       Rafael DeNoyo
                                       Director