UNITED STATES
                       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 QUARTERLY PERIOD ENDED JUNE 30, 2003


[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934 For the transition period from            to
                                                       ------------  -----------

Commission File Number: 000-49891

                         The Electric Network.com, Inc.
                         ------------------------------
             (Exact name of registrant as specified in its charter)

Nevada                                                               33-0860242
------                                                               ----------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)


#208-800 North Rainbow Boulevard, Las Vegas, Nevada                      89107
-------------------------------------------------------------------------------
(Address of principal executive offices)                             (Zip Code)

                                 (702) 948-5072
                                 --------------
              (Registrant's Telephone Number, Including Area Code)


                      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 practical date. As of August 13, 2003 there were
18,600,000 shares of the issuer's no par value common stock issued and
outstanding.



                                       1
<PAGE>




                         PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS
----------------------------

The Electric Network.com, Inc.
(A Development Stage Company)
Balance Sheets

<TABLE>
<CAPTION>
<S>                                                                                  <C>                <C>
                                                                                   June 30,        December 31,
                                                                                     2003              2002
                                                                                       $                 $
                                                                                  (unaudited)        (audited)

Assets

Current Assets

Cash                                                                                     79             8,199
Prepaid expenses                                                                          -               179
-------------------------------------------------------------------------------------------------------------------

Total Assets                                                                             79             8,378
-------------------------------------------------------------------------------------------------------------------


Liabilities and Stockholders' Deficit

Current Liabilities

Accounts payable                                                                     10,006             1,532
Accrued liabilities                                                                   4,300             7,800
Advances payable (Note 3(b))                                                          5,100             5,100
-------------------------------------------------------------------------------------------------------------------

Total Liabilities                                                                    19,406            14,432
-------------------------------------------------------------------------------------------------------------------

Commitments (Note 4)

Stockholders' Deficit

Common Stock, 100,000,000 common shares authorized with a par value of $0.001;
18,600,000 and 10,600,000 issued and outstanding, respectively                       18,600            10,600

Additional Paid in Capital                                                          105,400            33,400

Donated Capital (Note 3(a))                                                          15,300            14,100

Deferred Compensation (Note 5)                                                      (46,667)                -
-------------------------------------------------------------------------------------------------------------------

                                                                                     92,633            58,100

Deficit Accumulated During the Development Stage                                   (111,960)          (64,154)
-------------------------------------------------------------------------------------------------------------------

Total Stockholders' Deficit                                                         (19,327)           (6,054)
-------------------------------------------------------------------------------------------------------------------

Total Liabilities and Stockholders' Deficit                                              79             8,378
-------------------------------------------------------------------------------------------------------------------
</TABLE>


                                      F-1
   (The accompanying notes are an integral part of the financial statements)

<PAGE>



The Electric Network.com, Inc.
(A Development Stage Company)
Statements of Operations
(unaudited)

<TABLE>
<CAPTION>
<S>                                                    <C>                 <C>           <C>             <C>            <C>
                                                    Accumulated from       Three Months Ended           Six Months Ended
                                                    February 3, 1999            June 30,                   June 30,
                                                  (Date of Inception)    ---------------------------------------------------
                                                   to June 30, 2003          2003         2002           2003         2002
                                                          $                    $            $             $             $

Revenue                                                        -                  -            -             -            -
----------------------------------------------------------------------------------------------------------------------------

Expenses

  Accounting and audit                                    11,200              1,850          950         2,650        2,300
  Consulting (Note 5)                                     59,569             20,889        7,920        34,851        7,920
  Donated overhead (Note 3(a))                             5,300                300          300           600          600
  Donated services (Note 3(a))                            10,000                  -          600           600        1,200
  Legal and organizational                                18,973              3,887       25,000         6,681       25,000
  Office                                                   4,443                721        1,364         1,614        1,396
  Transfer agent                                           2,475                 65        1,395           810        1,395
----------------------------------------------------------------------------------------------------------------------------

                                                         111,960             27,712       37,529        47,806       39,811
----------------------------------------------------------------------------------------------------------------------------

Net Loss for the Period                                 (111,960)           (27,712)     (37,529)      (47,806)     (39,811)
----------------------------------------------------------------------------------------------------------------------------

Loss Per Share                                                 -                  -            -             -            -
----------------------------------------------------------------------------------------------------------------------------

Weighted Average Shares Outstanding                                      18,600,000   10,200,000    17,267,000   10,200,000
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
(Diluted loss per share has not been presented as the result is anti-dilutive)



                                     F-2
   (The accompanying notes are an integral part of the financial statements)

<PAGE>


The Electric Network.com, Inc.
(A Development Stage Company)
Statements of Cash Flows
(unaudited)
<TABLE>
<CAPTION>
<S>                                                                                         <C>          <C>
                                                                                          Six Months Ended
                                                                                              June 30,
                                                                                         2003             2002
                                                                                           $                $

Cash Flows to Operating Activities

Net Loss for the Period                                                                 (47,806)       (39,811)

Adjustments to reconcile net loss to cash
Donated overhead                                                                            600            600
Donated services                                                                            600          1,200
Expenses settled with issuance of stock                                                  33,333              -

Changes in operating assets and liabilities
(Increase) decrease in prepaid expense                                                      179           (175)
Increase (decrease) in accounts payable and accrued liabilities                           4,974         (1,003)
---------------------------------------------------------------------------------------------------------------

Net Cash Used by Operating Activities                                                    (8,120)       (39,189)
---------------------------------------------------------------------------------------------------------------

Cash Flows From Financing Activities

Proceeds form issuance of shares                                                              -          60,000
Repayment of related party advances                                                           -            (100)
---------------------------------------------------------------------------------------------------------------

Net Cash Provided by Financing Activities                                                     -          59,900
---------------------------------------------------------------------------------------------------------------

Increase (decrease) in Cash                                                              (8,120)         20,711

Cash - Beginning of Period                                                                8,199           6,391
---------------------------------------------------------------------------------------------------------------

Cash - End of Period                                                                         79          27,102
---------------------------------------------------------------------------------------------------------------

Non-Cash Financing Activities

Common shares issued on settlement of expenses                                           80,000              -
---------------------------------------------------------------------------------------------------------------

Supplemental Disclosures

Interest paid                                                                                 -              -
Income tax paid                                                                               -              -
</TABLE>

                                     F-3
   (The accompanying notes are an integral part of the financial statements)

<PAGE>


The Electric Network.com, Inc.
(A Development Stage Company)
Notes to the Financial Statements



1.   Development Stage Company

     The Electric Network.com, Inc. herein (the "Company") was incorporated in
     the State of Nevada, U.S.A. on February 3, 1999. The Company is based in
     Las Vegas, Nevada, U.S.A. and is in the business of transacting
     information, introductions or any items of barter through a "search and
     find" based Web Site designed to link parties who are offering items or
     services for sale or seeking items or services for purchase. The Web Site
     will differ from other online auction sites by not relying solely on the
     exchange of goods, as it will facilitate the exchange of anything with a
     perceived value. Users of the Web Site will be able to browse through
     listed items in a fully automated, topically-arranged, and easy-to-use
     online service that will be available twenty-four hours a day, seven days a
     week. The Web Site will generate revenue by charging a nominal listing fee
     to both the sell and the buy side of a transaction and by receiving a
     percentage of the final sale price. The Company will provide its customers
     with e-mail services, sales force automation, customer relationship
     management and document management and portals for employees, customers and
     suppliers.

     The Company is in the early development stage. In a development stage
     company, management devotes most of its activities in developing a market
     for its products and services. Planned principal activities have not yet
     begun. The ability of the Company to emerge from the development stage with
     respect to any planned principal business activity is dependent upon its
     successful efforts to raise additional equity financing and/or attain
     profitable operations. There is no guarantee that the Company will be able
     to raise any equity financing or sell any of its products and services at a
     profit. There is substantial doubt regarding the Company's ability to
     continue as a going concern.

     The Company raised $75,000 as start-up capital. On February 3, 1999, a
     total of $10,000 was raised by issuing 10,000,000 shares at $0.001 per
     share pursuant to a Regulation D, Rule 504 Offering. A total of $5,000 was
     originally raised pursuant to a loan from the President of the Company.

     In April 2002 the Company issued 600,000 shares at $0.10 per share for cash
     proceeds of $60,000 pursuant to a private placement memorandum. The
     Company's officers have committed to fund ongoing operations if the Company
     is unable to raise adequate financing. The Company filed a 10SB
     Registration Statement with the United States Securities and Exchange
     Commission during 2002.

     A related party advanced $10,000 in July, 2003 to meet ongoing operating
     obligations. These funds were advanced on an unsecured, non-interest
     bearing basis and is payable on demand.


2.   Summary of Significant Accounting Policies

     (a) Year End

         The Company's fiscal year end is December 31.

     (b) Cash and Cash Equivalents

         The Company considers all highly liquid instruments with a maturity of
         three months or less at the time of issuance to be cash equivalents.

     (c) Revenue Recognition

         The Company will receive and recognize revenue as users post items for
         sale and also when items are purchased on the website. Users will be
         obligated to pay a listing fee for their items to be placed in the
         auction directory. This fee is determined by the price of the item, a
         larger priced item will reflect a larger listing fee. When an item is
         sold through the auction website, the buyer must pay a premium in the
         form of a percentage of the final sale price and once again a higher
         percentage of the final sale price and once again a higher percentage
         will be charged for higher priced items. The listing fee and commission
         revenue will be recognized in the period the fee or commission is
         earned. This policy is prospective in nature, as the Company has not
         yet generated any revenues.



                                       F-4
<PAGE>


The Electric Network.com, Inc.
(A Development Stage Company)
Notes to the Financial Statements


2.   Summary of Significant Accounting Policies (continued)

     (d) Use of Estimates

         The preparation of financial statements in conformity with accounting
         principles generally accepted in the United States 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 periods. Actual results
         could differ from those estimates.

     (e) Comprehensive Loss

         The Company applies Financial Accounting Standards Board (FASB) SFAS
         No. 130 "Reporting Comprehensive Income". As at June 30, 2003, the
         Company has no items that represent comprehensive loss and, therefore,
         has not included a schedule of comprehensive loss in the financial
         statements.

     (f) Fair Value of Financial Instruments

         The carrying amounts of the Company's financial instruments, which
         include cash equivalents, accounts payable, accrued liabilities and
         advances payable, approximate their fair value.

     (g) Net Loss Per Share

         The Company computes net loss per share in accordance with SFAS No.
         128, "Earning per Share" (SFAS 128). SFAS 128 requires presentation of
         both basic and diluted net loss per share (EPS) on the face of the
         income statement.

         Basic net loss per share is computed by dividing the net loss for the
         year by the weighted average number of shares of common stock
         outstanding during the year. Diluted net loss per share is computed by
         dividing the net loss for the period by the weighted average number of
         shares of common stock and potential common stock outstanding during
         the period, if dilutive.

     (h) Interim Financial Statements

         The interim unaudited financial statements for the six months ended
         June 30, 2003 and 2002 have been prepared on the same basis as the
         annual financial statements and in the opinion of management, reflect
         all adjustments, which include only normal recurring adjustments,
         necessary to present fairly the Company's financial position, results
         of operations and cash flows for the periods shown. The results of
         operations for such periods are not necessarily indicative of the
         results expected for a full year or for any future period.

     (i) Stock-Based Compensation

         The Company does not have a stock option plan however issues stock to
         non-employees for services. The Company accounts for stock issued for
         services to non-employees in accordance with SFAS No. 123 "Accounting
         for Stock-Based Compensation". Compensation expense is based on the
         fair market value of the stock award or fair market value of the goods
         and services received whichever is more reliably measurable.


                                       F-5
<PAGE>


The Electric Network.com, Inc.
(A Development Stage Company)
Notes to the Financial Statements


2.   Summary of Significant Accounting Policies (continued)

(j)  Recent Accounting Pronouncements

         In May 2003, the FASB issued SFAS No. 150, "Accounting for Certain
         Financial Instruments with Characteristics of both Liabilities and
         Equity". SFAS No. 150 establishes standards for how an issuer
         classifies and measures certain financial instruments with
         characteristics of both liabilities and equity. It requires that an
         issuer classify a financial instrument that is within its scope as a
         liability (or an asset in some circumstances). The requirements of SFAS
         No. 150 apply to issuers' classification and measurement of
         freestanding financial instruments, including those that comprise more
         than one option or forward contract. SFAS No. 150 does not apply to
         features that are embedded in a financial instrument that is not a
         derivative in its entirety. SFAS No. 150 is effective for financial
         instruments entered into or modified after May 31, 2003, and otherwise
         is effective at the beginning of the first interim period beginning
         after June 15, 2003, except for mandatory redeemable financial
         instruments of nonpublic entities. It is to be implemented by reporting
         the cumulative effect of a change in an accounting principle for
         financial instruments created before the issuance date of SFAS No. 150
         and still existing at the beginning of the interim period of adoption.
         Restatement is not permitted. The adoption of this standard is not
         expected to have a material effect on the Company's results of
         operations or financial position.


         In December 2002, the FASB issued SFAS No. 148, "Accounting for
         Stock-Based Compensation - Transition and Disclosure," which amends
         SFAS No. 123 to provide alternative methods of transition for a
         voluntary change to the fair value based method of accounting for
         stock-based employee compensation. In addition, SFAS No. 148 expands
         the disclosure requirements of SFAS No. 123 to require more prominent
         disclosures in both annual and interim financial statements about the
         method of accounting for stock-based employee compensation and the
         effect of the method used on reported results. The transition
         provisions of SFAS No. 148 are effective for fiscal years ended after
         December 15, 2002. The disclosure provisions of SFAS No. 148 are
         effective for financial statements for interim periods beginning after
         December 15, 2002. The Company adopted SFAS No. 148 on January 1, 2003.
         The adoption of this standard did not have a material effect on the
         Company's financial position and results of operations.

         In June 2002, FASB issued SFAS No. 146, "Accounting for Costs
         Associated with Exit or Disposal Activities". The provisions of this
         Statement are effective for exit or disposal activities that are
         initiated after December 31, 2002, with early application encouraged.
         This Statement addresses financial accounting and reporting for costs
         associated with exit or disposal activities and nullifies Emerging
         Issues Task Force (EITF) Issue No. 94-3, "Liability Recognition for
         Certain Employee Termination Benefits and Other Costs to Exit an
         Activity (including Certain Costs Incurred in a Restructuring)". This
         Statement requires that a liability for a cost associated with an exit
         or disposal activity be recognized when the liability is incurred. The
         Company adopted SFAS No. 146 on January 1, 2003. The adoption of this
         standard did not have an impact on the Company's financial position and
         results of operations.

         FASB has also issued SFAS No. 145, 147 and 149 but they will not have
         any relationship to the operations of the Company therefore a
         description of each and their respective impact on the Company's
         operations have not been disclosed.


3.   Related Party Transactions/Balances

     (a) The business plan the Company currently intends to exploit was
         developed by the President of the Company on behalf of the Company.
         There was no charge to the Company for these services valued at $200
         per month. Those services became paid for effective February 1, 2003
         (see Note 5). This related party paid for rent and office costs valued
         at $100 per month. These services and costs are treated as donated
         capital and charged to operations.

     (b) Consulting expense for the six months ended June 30, 2003 includes
         $33,333 of compensation related to the Company's issuance of common
         stock to the President of the Company for consulting services (see Note
         5).

                                      F-6
<PAGE>

The Electric Network.com, Inc.
(A Development Stage Company)
Notes to the Financial Statements


3.   Related Party Transactions/Balances (continued)

     (c) The advances payable of $5,100 are due to the President of the Company
         on an unsecured, non-interest bearing basis and is payable on demand
         (see Note 6).


4.   Commitments

     (a) Effective January 1, 2003 the Company terminated a month-to-month
         financial services contract with an arms length company. The Company
         had received financial services of $2,000 per month plus reimbursement
         of out of pocket expenses.

     (b) Effective May 1, 2002 the Company entered into a month-to-month
         premises lease in Nevada at a rate of $99 per month.


5.   Common Shares

     The Board of Directors approved the issuance of 8,000,000 common shares for
     consulting services to be provided by the Company's President and a related
     party. The consulting services to be provided are for a term of 12 months
     from February 1, 2003 through January 31, 2004, which services are valued
     at $80,000. The Company has recorded $33,333 of compensation expense
     related to this issuance for the six month period ended June 30, 2003 and
     the balance of $46,667 is deferred to future periods.


6.   Subsequent Event

     A related party advanced $10,000 in July, 2003 to meet ongoing operating
     obligations. These funds were advanced on an unsecured, non-interest
     bearing basis and is payable on demand.


                                      F-7
<PAGE>



ITEM 2. MANAGEMENT'S DISCUSSION AND PLAN OF OPERATION

THIS FOLLOWING INFORMATION SPECIFIES CERTAIN FORWARD-LOOKING STATEMENTS OF
MANAGEMENT OF THE COMPANY. FORWARD-LOOKING STATEMENTS ARE STATEMENTS THAT
ESTIMATE THE HAPPENING OF FUTURE EVENTS ARE NOT BASED ON HISTORICAL FACT.
FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY THE USE OF FORWARD-LOOKING
TERMINOLOGY, SUCH AS "MAY", "SHALL", "WILL", "COULD", "EXPECT", "ESTIMATE",
"ANTICIPATE", "PREDICT", "PROBABLE", "POSSIBLE", "SHOULD", "CONTINUE", OR
SIMILAR TERMS, VARIATIONS OF THOSE TERMS OR THE NEGATIVE OF THOSE TERMS. THE
FORWARD-LOOKING STATEMENTS SPECIFIED IN THE FOLLOWING INFORMATION HAVE BEEN
COMPILED BY OUR MANAGEMENT ON THE BASIS OF ASSUMPTIONS MADE BY MANAGEMENT AND
CONSIDERED BY MANAGEMENT TO BE REASONABLE. OUR FUTURE OPERATING RESULTS,
HOWEVER, ARE IMPOSSIBLE TO PREDICT AND NO REPRESENTATION, GUARANTY, OR WARRANTY
IS TO BE INFERRED FROM THOSE FORWARD-LOOKING STATEMENTS.

THE ASSUMPTIONS USED FOR PURPOSES OF THE FORWARD-LOOKING STATEMENTS SPECIFIED IN
THE FOLLOWING INFORMATION REPRESENT ESTIMATES OF FUTURE EVENTS AND ARE SUBJECT
TO UNCERTAINTY AS TO POSSIBLE CHANGES IN ECONOMIC, LEGISLATIVE, INDUSTRY, AND
OTHER CIRCUMSTANCES. AS A RESULT, THE IDENTIFICATION AND INTERPRETATION OF DATA
AND OTHER INFORMATION AND THEIR USE IN DEVELOPING AND SELECTING ASSUMPTIONS FROM
AND AMONG REASONABLE ALTERNATIVES REQUIRE THE EXERCISE OF JUDGMENT. TO THE
EXTENT THAT THE ASSUMED EVENTS DO NOT OCCUR, THE OUTCOME MAY VARY SUBSTANTIALLY
FROM ANTICIPATED OR PROJECTED RESULTS, AND, ACCORDINGLY, NO OPINION IS EXPRESSED
ON THE ACHIEVABILITY OF THOSE FORWARD-LOOKING STATEMENTS. NO ASSURANCE CAN BE
GIVEN THAT ANY OF THE ASSUMPTIONS RELATING TO THE FORWARD-LOOKING STATEMENTS
SPECIFIED IN THE FOLLOWING INFORMATION ARE ACCURAte, and we assume no obligation
to update any such forward-looking statements.

CRITICAL ACCOUNTING POLICY AND ESTIMATES. Our Management's Discussion and
Analysis of Financial Condition and Results of Operations section discusses our
financial statements, which have been prepared in accordance with accounting
principles generally accepted in the United States of America. The preparation
of these financial statements requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities at the
date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. On an on-going basis, management evaluates
its estimates and judgments, including those related to revenue recognition,
accrued expenses, financing operations, and contingencies and litigation.
Management bases its estimates and judgments on historical experience and on
various other factors that are believed to be reasonable under the
circumstances, the results of which form the basis for making judgments about
the carrying value of assets and liabilities that are not readily apparent from
other sources. Actual results may differ from these estimates under different
assumptions or conditions. The most significant accounting estimates inherent in
the preparation of our financial statements include estimates as to the
appropriate carrying value of certain assets and liabilities which are not
readily apparent from other sources. These accounting policies are described at
relevant sections in this discussion and analysis and in the notes to the
financial statements included in our Quarterly Report on Form 10-QSB for the
period ended June 30, 2003.

We were incorporated in Nevada on February 3, 1999. We are a development stage
business that has not yet commenced operations. We hope to be in the business of
serving as an Internet marketplace where consumers and entrepreneurs can meet to
buy, sell or exchange goods and services, or almost anything with a perceived
value that can be sold over the internet. While we eventually hope to develop an
Internet auction marketplace that is global in scope, we plan to launch our
business operations on a much smaller level. Specifically, we are developing our
proposed website and software to be used in the Seattle, Washington area such
that only Seattle-area residents will be able to participate in the online
auctions we plan to host during our first few months of operation.

There were no significant changes in internal controls or in other factors that
could significantly affect internal controls subsequent to the date of our most
recent evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.



                                       6
<PAGE>



LIQUIDITY AND CAPITAL RESOURCES. We had cash of $79 as of June 30, 2003. In
April 2002, we entered into a commitment with an arm's length company for
financial services that will require a future cash outlay of $2,000 per month.
That agreement was terminated in January 2003. Our president also made us a cash
advance payable of $5,000, which bears no interest and is payable on demand. In
May 2002, we entered into a lease for our office space at the rate of $99 month.
Our total liabilities were $19,406 as of June 30, 2003, which included accounts
payable of $10,006, accrued liabilities of $4,300 and advances payable to a
related party of $5,100. At June 30, 2003, we had a working capital deficiency
of 19,327. In July 2003, a related party advanced $10,000 to meet ongoing
operational expense. These funds were advanced on an unsecured, non-interest
bearing basis and is payable on demand.

FOR THE THREE MONTHS ENDED JUNE 30, 2003 AND 2002.
--------------------------------------------------

RESULTS OF OPERATIONS.

REVENUES. We have realized no revenues from our inception on February 3, 1999
through the three months ended June 30, 2003.

OPERATING EXPENSES. For the three months ended June 30, 2003, our total expenses
were $27,712, which were represented by $1,850 in accounting and audit expenses,
$20,889 in consulting expenses, $300 in donated overhead, $3,887 in legal and
organizational expenses, $721 in office expenses and $65 in transfer agent
expenses. Therefore, for the three months ended June 30, 2003, we experienced a
net loss of $27,712. This is in comparison to the three months ended June 30,
2002, where we had total expenses of $37,529, which was represented primarily by
$25,000 in legal and organizational expenses, and $7,920 in consulting expenses.
The decrease in overall operating expenses from the three months ended June 30,
2003 was largely due to the fact that we incurred expenses associated with
becoming a public company in the same perid ending June 30, 2003.

FOR THE SIX MONTH PERIOD ENDING JUNE 30, 2003.
----------------------------------------------

RESULTS OF OPERATIONS. For the six months ended June 30, 2003, we realized no
revenue from operations. Our cumulative net loss from our inception on February
3, 1999 to June 30, 2003 was $111,960. Our net loss for the six months ended
June 30, 2003 was $47,806. We anticipate that we will begin realizing revenues
by Q4 2004 as we anticipate that our operations will not commence until Q3 2004.
Our prediction regarding when we will begin realizing revenue is subject to many
contingencies, including, but not limited to: unforeseen delays in the design of
our first line of services; downturn in economic trends; increased cost of
operating; and loss of key management.

OPERATING EXPENSES. For the six month period ended June 30, 2003, our operating
expenses were $47,406. This was represented by accounting and audit expenses of
$2,650, along with $34,851 in consulting fees, which included $33,333 of stock
compensation expenses, $600 was represented by donated overhead, and $600 was
represented by donated services. We also had $6,681 in legal and organizational
expenses, $1,614 in office expenses and $810 in transfer agent fees. In
comparison, for the six month period ended June 30, 2002, our operating expense
were $39,811, represented mostly by legal and organizational expenses of
$25,000, consulting expenses of $7,920 and accounting and audit fees of $2,300.
The increase in operating expenses is largely due to the increase in consulting
fees of $26,931 for the six month period ending June 30, 2003 compared to the
same period in the prior year, and decrease in legal fees of $18,319 for the six
month period ending June 30, 2003 compared to the same period in the prior year.
From our inception on February 3, 1999, to June 30, 2003, our cumulative
operating expenses have been $111,960.

OUR PLAN OF OPERATION FOR THE NEXT TWELVE MONTHS. As of June 30, 2003 we had no
cash resources, however, we raised $10,000 in July 2003. We will need a
continuing source of funds to pay our operating expenses through the next twelve
months. There is no guarantee that we will be able to raise the funds we need to
pay those operating expenses through that period. However, we anticipate that
our officers and directors will fund our operations through this period of time.
Our forecast of the period of time through which our financial resources will be
adequate to support our operations is a forward-looking statement that involves
risks and uncertainties, and actual results could vary as a result of a number
of factors. Such factors will include those factors discussed below. In
addition, we may experience delays in deploying our website. If we are not able
to bring our website online as quickly as expected, our ability to earn revenue
will be harmed, because our only source of revenue will be for listings on our
website. If we are unable to earn revenues, our current resources will be
strained to cover any revenue shortfall.



                                       7
<PAGE>



Our plan of operation is materially dependent on our ability to complete the
development of our website and raise additional capital to market our services
by means of our proposed website. We believe that we will need approximately
$15,000 to market our services. Within the next twelve months, we must complete
the design and development of our website. We believe we need approximately
$30,000 to complete the design and development of our website. We have hired a
third party to complete the development of our website. We hope to be able to
commence operations and generate revenues by December 2004. Finally, we may need
to raise additional working capital either through the sale of our capital stock
or through loans. There is no guarantee that we will be able to raise additional
capital through the sale of our common stock. Moreover, there is no guarantee
that we will be able to arrange for loans on favorable terms, or at all.

We expect to use our current cash resources to pay the following expenses:
website development, legal and accounting and initial marketing expenses. Our
inability to access the capital markets or obtain acceptable financing could
have a material adverse effect on our results of operations and financial
condition. To the extent that additional capital is raised through the sale of
equity or equity-related securities, the issuance of such securities could
result in dilution of our stockholders. We cannot guaranty that additional
funding will be available on favorable terms. If adequate funds are not
available within the next 12 months, we may be required to limit our proposed
website development activities or to obtain funds through entering into
arrangements with collaborative partners. If adequate funds are not available,
we believe that our officers and directors will contribute funds to pay for our
expenses. Our belief that our officers and directors will pay our expenses is
based on the fact that our officers and directors collectively and beneficially
own 8,990,000 shares of our common stock, which equals approximately 48% of our
total issued and outstanding common stock. We believe that our officers and
directors will continue to pay our expenses as long as they maintain their
ownership of our common stock. If our officers and directors loan us operating
capital, we will either execute promissory notes to repay the funds or issue
stock to those officers and directors. We have not formulated specific repayment
terms. We will negotiate the specific repayment terms and whether repayment will
be in the form of stock when, and if, funds are advanced by any of our officers
and directors.

Once our software has been completely developed, we anticipate that we will then
focus much of our efforts on the marketing of our services to individuals and
businesses. We believe that our management and contractors that we anticipate
hiring will contact several leads and meet with these clients to help build our
service.

ITEM 3. CONTROLS AND PROCEDURES

(a) Evaluation of disclosure controls and procedures. We maintain controls and
procedures designed to ensure that information required to be disclosed in the
reports that we file or submit under the Securities Exchange Act of 1934 is
recorded, processed, summarized and reported within the time periods specified
in the rules and forms of the Securities and Exchange Commission. Based upon
their evaluation of those controls and procedures performed as of June 30, 2003,
our chief executive officer and the principal financial officer concluded that
our disclosure controls and procedures were adequate.

(b) Changes in internal controls. We made no significant changes in its internal
controls or in other factors that could significantly affect these controls
subsequent to the date of the evaluation of those controls by the chief
executive officer and principal financial officer.


                          PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.
--------------------------

None.

ITEM 2. CHANGES IN SECURITIES.
------------------------------


                                       8
<PAGE>



None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
----------------------------------------

None.

ITEM 4.  SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS
----------------------------------------------------------

None.

ITEM 5.  OTHER INFORMATION
--------------------------

On February 28, 2003, our Board of Directors voted to enter into management
contracts with Stephen Hanson, our president and J. David Brow, our secretary
and treasurer. Those management contracts have a term of one year beginning
February 1, 2003. In exchange for providing management services, these officers
each received 4,000,000 shares of the Registrant's common stock. As a result of
these transactions, our total issued and outstanding shares of common stock will
be 18,600,000, and the individuals listed below own shares of our stock as
indicated.


<TABLE>
<CAPTION>
<S>                                           <C>                             <C>                                <C>
  Title of Class                     Name and Address             Amount of Beneficial Owner             Percent of Class
                                   of Beneficial Owner
  --------------------- -------------------------------------- --------------------------------- ---------------------------------
  Common Stock          Stephen Hanson(1)                              4,990,000 shares                       26.83%
                        3194 Allan Road
                        North Vancouver, BC V7J 3C5
  --------------------- -------------------------------------- --------------------------------- ---------------------------------
  Common Stock          J. David Brow                                  4,000,000 shares                       21.50%
                        #208-800 North Rainbow Boulevard
                        Las Vegas, Nevada 89107
  --------------------- -------------------------------------- --------------------------------- ---------------------------------
  Common Stock          Caroline Hanson(1)                             4,990,000 shares                       26.83%
                        3194 Allan Road
                        North Vancouver, BC V7J 3C5
  --------------------- -------------------------------------- --------------------------------- ---------------------------------
  Common Stock          All officers and directors as a group          8,990,000 shares                       48.33%
  ===================== ====================================== ================================= =================================
</TABLE>

(1)      Caroline Hanson, who owns 950,000 shares of our common stock, is the
         spouse of Stephen Hanson, who owns 4,040,000 shares of our common
         stock. Therefore, each beneficially owns 4,990,000 shares of our common
         stock.

Beneficial ownership is determined in accordance with the rules of the
Securities and Exchange Commission and generally includes voting or investment
power with respect to securities. In accordance with Securities and Exchange
Commission rules, shares of the Registrant's common stock which may be acquired
upon exercise of stock options or warrants which are currently exercisable or
which become exercisable within 60 days of the date of the table are deemed
beneficially owned by the optionees. Subject to community property laws, where
applicable, the persons or entities named in the table above have sole voting
and investment power with respect to all shares of the Registrant's common stock
indicated as beneficially owned by them.


                                       9
<PAGE>


We are not aware of any arrangements which may result in "changes in control" as
that term is defined by the provisions of Item 403 of Regulation S-B.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
-----------------------------------------

None.



                                       10
<PAGE>



                                   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 in the City of Las Vegas, Nevada, on August 13, 2003.


The Electric Network.com, Inc.


By:      /s/ Stephen Hanson
         ---------------------------------
         Stephen Hanson
Its:     Chief Executive Officer and Chief
         Financial Officer



                                       11
<PAGE>




CERTIFICATIONS
--------------

I, Stephen Hanson, certify that:

          1. I have reviewed this quarterly report on Form 10-QSB of The
             Electric Network.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 registrant as of, and for, the
             periods presented in this report;

          4. The registrant'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
             registrant 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 registrant, 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) Evaluated the effectiveness of the registrant'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

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

          5. The registrant's other certifying officer(s) and I have disclosed,
             based on our most recent evaluation of internal control over
             financial reporting , to the registrant's auditors and the audit
             committee of the registrant'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
                 registrant'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 registrant`s
                 internal control over financial reporting.


Date: August 13, 2003

/s/ Stephen Hanson
----------------------
Stephen Hanson
Chief Executive Officer and
Chief Financial Officer







                                       12
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