SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

   [X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                                   ACT OF 1934
                                 [FEE REQUIRED]

                    For the fiscal year ended: June 30, 2000

                                       OR

     [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934
                                [NO FEE REQUIRED]

             For the transition period from __________ to __________

                          Commission File No. 33-33939

       LINDSEYTECHNOLOGIES.COM, INC. (formerly Lindsey Technologies, Inc.)
        _________________________________________________________________
        (Exact name of small business issuer as specified in its charter)

                            Colorado                 84-1121635
             _______________________________      __________________
              (State or other jurisdiction of      (I.R.S. Employer
             Incorporation or organization)      Identification No.)

                        2851 South Parker Road, Suite 720
                             Aurora, Colorado 80014
           ___________________________________________________________
          (Address of principal executive offices, including zip code)
                    Issuer's Telephone Number: (303) 306-1967

       Securities registered under Section 12(b) of the Exchange Act: None

       Securities registered under Section 12(g) of the Exchange Act: None

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 registrant was required to file such reports), and (2) has been
            subject to such filing requirements for the past 90 days.

                                   Yes  X  No
                                     ___ ___

As of June 30, 2000, 20,219,900 shares of common stock were outstanding, and the
     aggregate market value of the common stock of the Registrant held by non
                       affiliates was approximately $-0-.

                    Documents incorporated by reference: None

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
      the best of Registrant's knowledge, in definitive proxy or information
  statements incorporated by reference in Part III of this Form 10-KSB or any
                       amendment to this Form 10-KSB. [X]

       State Issuer's revenues for its most recent fiscal year: $ 149,363

   This Form 10-KSB consists of 27 pages. The Exhibit Index begins on page 11.

<PAGE>

TABLE  OF  CONTENTS

Form  10-KSB  Annual  Report  -  2000

LindseyTechnologies.com,  Inc.

<TABLE>
<CAPTION>



<S>                                                             <C>
PART I
Item 1.  Business. . . . . . . . . . . . . . . . . . . . . . .   2
Item 2.  Properties. . . . . . . . . . . . . . . . . . . . . .   3
Item 3.  Legal Proceedings . . . . . . . . . . . . . . . . . .   3
Item 4.  Submission of Matters to a Vote of Security Holders..   3

PART II
Item 5.  Market For Registrant's Common Equity
         And Related Shareholder Matters . . . . . . . . . . .   4
Item 6.  Management's Discussion And Analysis Or Plan Of
         Operations. . . . . . . . . . . . . . . . . . . . . .   5
Item 7.  Financial Statements. . . . . . . . . . . . . . . . .   8
Item 8.  Disagreements On Accounting And Financial Disclosures   8

PART III
Item 9.  Directors And Executive Officers Of The Registrant. .   8
Item 10. Executive Compensation. . . . . . . . . . . . . . . .   9
Item 11. Security Ownership Of Certain Beneficial Owners And
         Management. . . . . . . . . . . . . . . . . . . . . .  10
Item 12. Certain Relationships And Related Transactions. . . .  10

PART IV
Item 13. Exhibits, Financial Statement Schedules, And
         Reports On Form 8-K . . . . . . . . . . . . . . . . .  11

SIGNATURES . . . . . . . . . . . . . . . . . . . . . . . . . .  12
</TABLE>



                                       -1-

<PAGE>

PART  I

FORWARD-LOOKING  STATEMENTS
IN  ADDITION  TO  HISTORICAL  INFORMATION,  THIS  FORM  10-KSB CONTAINS FORWARD-
LOOKING  STATEMENTS.  IN  THIS  FORM 10-KSB, THE WORDS "EXPECTS," "ANTICIPATES,"
"BELIEVES,"  "INTENDS,"  "WILL" AND SIMILAR EXPRESSIONS IDENTIFY FORWARD-LOOKING
STATEMENTS, WHICH ARE BASED UPON INFORMATION CURRENTLY AVAILABLE TO THE COMPANY,
SPEAK  ONLY  AS  OF  THE  DATE  HEREOF  AND  ARE  SUBJECT  TO  CERTAIN RISKS AND
UNCERTAINTIES.  THE  COMPANY ASSUMES NO OBLIGATION TO UPDATE ANY FORWARD-LOOKING
STATEMENTS.  THE COMPANY'S ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THE RESULTS
DISCUSSED  IN  SUCH  FORWARD-LOOKING  STATEMENTS.  FACTORS THAT MAY CAUSE SUCH A
DIFFERENCE  INCLUDE,  BUT  ARE  NOT  LIMITED TO, THOSE DISCUSSED IN THIS SECTION
ENTITLED  "MANAGEMENT'S  DISCUSSION  AND  ANALYSIS OR PLAN OF OPERATION -FACTORS
THAT  MAY  AFFECT  FUTURE  RESULTS."  READERS  SHOULD  CAREFULLY REVIEW THE RISK
FACTORS  DESCRIBED  IN  OTHER DOCUMENTS THAT THE COMPANY FILES FROM TIME TO TIME
WITH  THE  SECURITIES  AND EXCHANGE COMMISSION (THE "COMMISSION"), INCLUDING THE
QUARTERLY  REPORTS  ON  FORM 10-Q TO BE FILED BY THE COMPANY IN FISCAL 2000. ALL
PERIOD  REFERENCES  ARE TO THE COMPANY'S FISCAL YEARS ENDED JUNE 30, 2000; 1999,
1998  AND  1997,  UNLESS  OTHERWISE  INDICATED.


Item  1.  Business

Lindsey  Technologies.com,  Inc.  (formerly  Lindsey  Technologies,  Inc.)  (the
"Company"  or  the  "Registrant")  was  organized under the laws of the state of
Colorado  on  August  17,  1989  for the primary purpose of engaging in a merger
with,  joint venture with, or acquisition of a small number of private or public
firms.  Such  firms may be private or public corporations, partnerships, or sole
proprietorships.  The  Company's  name  was  changed  from L.M. Capital, Inc. to
Lindsey  Technologies, Inc. on November 22, 1996 and to LindseyTechnologies.com,
Inc  on  July  20,  1999.

On  June 21, 1996 the Company entered into a joint venture with a team of French
software engineers (the "Associates") and their wholly owned French corporation,
Helvetius  Ingenierie.  The Company and the Associates formed Heldol Corporation
(Heldol)  on  October  25,  1996, a United States corporation for the purpose of
developing  and  marketing  software  for  industrial,  medical,  and commercial
business  applications.

For  the  last  two years, the Company has undertaken the development of its own
software solution implementing business to business E-commerce as an application
software  provider with its own set of tools, notably Key-Qual (TM). Key-Qual is
a  net-based  tool  for  the  organization  and  certification  of  all existing
production  processes.  It covers Industry, Services, Administration and Medical
sectors.

The  system  enables  the  user  to  fully describe all the desired functions of
production  processes  taking  into  account  all  the  particularities  of  any
connected  end  user.
Through  normalization  professional individuals will be able to communicate and
interact  in  the  most  effective  way.

By  connecting  and  running Key-Qual quality system application, a company will
have all of its production and know-how online. Thus lies a great enhancement of
productivity and added value to the whole organization. Any user will be able to
ask  or  be  asked  relevant  information  regarding  production.

The system will help perform all relevant analyses and cross-reference them with
clients'  procedures,  production  cycle  and  accompanying  knowledge database.

                                       -2-

On  November  5th 1998, the Company acquired Distributed Quality Corp ('DQC'), a
Colorado  based  company  involved  in  marketing Networking and CORBA framework
software  platforms  for  distributing  quality  related  knowledge  throughout
organizations  using  Internet  technology, for $2,700,000 consisting of 540,000
restricted common shares of the Company valued at $5 per share and assumption of
$865,000  in  liabilities.  DQC was acquired in a merger transaction pursuant to
the  terms  of  a  merger  agreement,  dated  November  5th  1998.


On  August  31, 1998 DQC signed an agreement with Stellarx SA, a French software
startup  company  that  provides software infrastructure for developing Internet
based  application  software  solutions.

This  agreement  stipulates  that  DQC  buy  the  Stellarx Framework Development
toolkit (TM) license for a price of $300,000. This software environment includes
an  XML  document  manager  and repository, a workflow engine and an application
designer.  It also includes a Versant (TM) ODMS development license. (Versant is
a  trademark  of  Versant  Corp.;  Stellarx  is  a  trademark of Stellarx S.A.).

Under  the  terms  of this agreement, DQC also has a right to integrate Stellarx
and  Versant  ODBMS  runtime software pieces in its own application software and
distribute  the  whole  as  a  package  to its clients. This right is worldwide,
unlimited  in  time  and  exclusive for application software related to quality,
regardless  of  the  business  sector.


Item  2.  Properties

 The  Company maintains its offices in Aurora, Colorado in office space provided
by  one  of  the  Directors  of  the  Company.


Item  3.  Legal  Proceedings

 The  Company  was involved in no legal proceedings during the fiscal year ended
June  30,  2000.


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

 There were no matters submitted to a shareholder vote during the fourth quarter
of  the  fiscal  year  ended  June  30,  2000.

                                       -3-
<PAGE>

  PART  II


Item  5.  Market  for  Common  Equity  and  Related  Stockholder  Matters

 (a)  Principal  Market or Markets: During the fiscal year ended June 30,  2000,
no  separate  market  developed  for  the  Company's common stock, units, or any
outstanding  warrants.  The Company currently has no outstanding trading market.
High  and  low  bids for the Company's common stock units for the previous eight
quarters  are  shown  below.


<TABLE>
<CAPTION>


 BID


<S>    <C>             <C>     <C>
       Quarter Ended   High    Low
Units  Sept. 30, 1998  No Bid
Units  Dec. 31, 1998   No Bid
Units  Mar. 31, 1999   No Bid
Units  June 30, 1999   No Bid
Units  Sept. 30, 1999  No Bid
Units  Dec. 31, 1999   No Bid
Units  Mar. 31, 2000   No Bid
Units  June 30, 2000   No Bid
</TABLE>





 (b)  Common  Stock:  On  June  30,  2000 there were 20,219,900 shares of common
stock  issued  and  outstanding,  which  were held by 104 shareholders of record
excluding individuals holding securities in street name. In addition, there were
413,000  (A)  warrants  and 413,000 (B) warrants outstanding held by 30 persons,
and  415  Reg  S  (A)  warrants  and  415  Reg  S  (B)  warrants  outstanding.

The  Company  has  never  paid  cash dividends on its common stock and currently
intends  to  continue its policy of retaining all of its earnings for use in its
business.

(c)     Convertible  Preferred Stock: Out of the authorized preferred stock, the
Company  has designated a Series A Convertible Preferred Stock ("Series A"). The
designated  number of shares of the Series A is 5,000. One share of Series A may
be  converted  into  1,600  common  shares of the Company at the election of the
holder anytime beginning September 1, 1994. The holders of outstanding shares of
Series  A  shall  not  be entitled to receive any dividends. In the event of any
voluntary  or  involuntary liquidation, dissolution or winding up of the affairs
of  the  Company,  the  holder  of  each  share of Series A shall be entitled to
receive,  from  the  assets  of  the  Company  available for distribution to its
stockholders,  before  any  payment  or distribution shall be made on the common
stock,  an  amount  equal  per  share  to  $100.  If  the assets and funds to be
distributed  among  the  holders of the Series A shall be insufficient to permit
the  payment of the full aforesaid preferential amount to such holders, then the
entire  assets  and  funds of the Company legally available for the distribution
shall  be  distributed  among  the  holders of the Series A in proportion to the
aggregate  preferential  amount  of  all  shares  of  Series  A  held  by  them.

(d)     After  payment has been made to the holders of the Series A, the holders
of  the  common stock shall be entitled to share ratably in the remaining assets
on the basis of the number of shares of common stock held by them at the time of
such  liquidation.  The  holder  of  each share of Series A stock shall have the
right  to  1,600  votes  for each share standing in his name on the books of the
Company  and  shall  have the right to vote at all meetings of the stockholders.
These  votes  will  be aggregated with the votes of the holders of the Company's
common  stock  and  will not be treated as a separate class. As if June 30, 1999
there  were  4,200  Series  A  shares  outstanding  held  by  2  individuals.

                                       -4-
<PAGE>
Item  6.  Management's  Discussion  and  Analysis  or  Plan  of  Operations

The  following  discussion  should  be  read  in  conjunction with the Financial
Statements  and  notes  thereto  included  herein.


THE  COMPANY  PROJECT

For  the last three years, the Company has undertaken the development of its own
software solution implementing business to business E-commerce as an application
software  provider  with  its own set of tools, notably Key-Qual . Key-Qual is a
net-based tool for the organization and certification of all existing production
processes.  It  covers  Industry,  Services, Administration and Medical sectors.

The  system  enables  the  user  to  fully describe all the desired functions of
production  processes  taking  into  account  all  the  particularities  of  any
connected  end user. Through normalization professional individuals will be able
to  communicate  and  interact  in  the  most  effective  way.

By  connecting  and  running Key-Qual quality system application, a company will
have all of its production and know-how online. Thus lies a great enhancement of
productivity and added value to the whole organization. Any user will be able to
ask  or  be  asked  relevant  information  regarding  production.

The system will help perform all relevant analyses and cross-reference them with
clients'  procedures,  production  cycle  and  accompanying  knowledge database.


WHO  MAY  BE  INTERESTED
All  small and large organizations concerned in raising customer satisfaction by
improving  quality  throughout  its  processes.

Industrial  and  corporate  environment,
----------------------------------------
The  Company  is currently working on a generic industrial Key-Qual application.
Key-Qual  has  the ambition to cover all non computerized personnel in any given
company  regardless  of  its  business  activity.

In the industry sector, actually only 15-20% of the employees of a company use a
desktop  system  with  access  to  information systems mainly for administrative
tasking.  We  presume  the  same  model prevails in any other sectors at large :
health  care,  services,  administration.  The  80-85%  remaining  employees are
affected  to  production  within  the  company.


Professionals  and  individuals  and  specific  fields  of  expertise
---------------------------------------------------------------------
The  Company's  business  model  is to release a packaged Key-Qual title for any
professional  and  business activity that can generate over 3 years a minimum of
ten  thousand  basic $380/month contracts and set up the portal for delivery and
servicing  worldwide  through  Internet  Providers  and  Portal companies. These
titles  can  be  marketed  through  the  setup of subsidiaries with partners and
investors.

The  Company  is  currently  working  on  -  a  Key-Qual  application  for  the
certification  of  software  editors  and  independent  developers, - a Key-Qual
application for dentists and orthodontists, The Company is planning to work on -
a  Key-Qual  application for managing and normalizing on the Web the information
stored  in  databases  and ERP systems i.e. SAP(R), BAAN(R), JD Edwards(R), etc.

                                       -5-
<PAGE>

ADVANTAGES
The  resulting  interaction between the system and its users will eliminate most
of  the  cost  associated  with the back and forth running between all different
activities  running  in  the  company.

The  likely  outcome of using Key-Qual is huge productivity gains, turbo charged
R&D  and  management  of  internal know-how for corporations and greater quality
service  and  knowledge  for  individuals.

Most  processes  and  transactions  in  industry,  healthcare  and  services are
duplicative  and  paper  based,  clobbering  the  value  added  process  of  all
participants. Normalization in these activities are particularly well suited for
internet  use.

The  growing number of users on the Internet is becoming more and more important
for  business  to  business  as  well  as  business  to  consumer  interaction.


HOW  IT  WORKS
Key-Qual is a mission critical application that can be deployed on the Internet,
Extranet  and  Intranet  platform.

It  uses  the  most  up to date technological standards such as a modular tiered
Corba based architecture so any connected user can interact without the need for
expensive  hardware.

It  runs  on  any  desktop system with a browser, is self deploying and requires
zero  client maintenance. Thanks to Java technology, it will work on most server
platforms  available  on  the  market  for  large  application  software.

It  carries  services  like  scalability,  interoperability, fault tolerance and
security  and  can  handle  high  volumes  of  transactions. Key-Qual allows the
integration  of  diverse  applications.


CURRENT  SITUATION
The  conception  phase started about two years ago, all Research and Development
expenses recorded until December, 1998 have been geared towards conception only.
This means engineering, industry and quality management specialists are paid for
coming  up  with  a  satisfactory solution for encapsulating know-how. Then this
will  be  translated  into  a  workable  system  software  application.

The modeling phase is currently under way. It consists of creating a model which
will  be  used  for  the development of the application software. The model must
show  all  the  layers of what the application software will be. Key-Qual global
model  should  be  completed  in the Fall 2001. The Company is also working with
experts  in  specific fields in order to create models for specific application.

The  development of the final prototype product will take into consideration the
architecture  of  the  application,  its  functions,  ergonomics  and  GUI.  The
specification for basic engines for the application are being currently written.
The  Company expects to have a commercially viable prototype in the Spring 2002.

By  merging  with  DQC,  the  Company  will  have  access to Stellarx's (TM) and
Versant's  (TM) technologies, which shall have substantial beneficial effects on
the  development  time  and  costs  of  its  application  software.

Moreover,  the  Company  believes  that the limited amount of fees to be paid to
Stellarx  for  runtime  distribution  will  considerably  reduce future costs of
revenues  when  installing  application software and Database Management Systems
runtimes  on  the  Company's  customers'  computers.

                                       -6-
<PAGE>


LIQUIDITY  AND  CAPITAL  RESOURCES

(a)  Liquidity  :
The  Registrant's securities are currently not liquid. There is one market maker
in  the Company's securities. The Company's management is attempting to interest
market  makers  in  the Company's securities, so as to provide limited liquidity
for holders of the free trading units. The Company anticipates that liquidity of
its  stock will be enhanced by the soon to come initial releases of its software
product currently being developed. Such liquidity, though not a certainty, would
in  all  likelihood stem from interest in the Company's product(s) and business.
The  Company  cannot  insure  liquidity at any time in the future, regardless of
whether  or  not  it  conducts  successful  future  business  operations.

(b)  Capital  Resources  :
The Company expects to continue to incur substantial expenses related to further
Research  and  Development  of its technologies and products, increased staffing
levels,  acquisition  and support of patent rights, additional capital equipment
for  Research  and  Development  activities, starting commercial activities. The
Company  may  incur  additional  losses  in  the near term. The Company does not
anticipate  large  expenditures  for  capital  goods  such  as  plant  and large
equipment  at any time in the foreseeable future. This expectation is subject to
change  based  on  the  Company's  possible  capital  requirements  for software
development.

The  Company  estimates  that  Research  and  Development  expenses required for
completing  the development of the Key-Qual application software will be covered
with  issuance  of  stock  as  compensation  for  such  services.

If  the  Company's  currently available funds and internally generated cash flow
are not sufficient to satisfy its financing needs, the Company would be required
to  seek  additional  funding  through  other  arrangements  with  collaborative
partners,  through  bank  borrowings  and through public or private sales of its
securities,  including  equity securities through a Private Placement. There can
be  no  assurance  that  additional funds, if required, will be available to the
Company  on  favorable  terms,  if  at  all.


POTENTIAL  FLUCTUATIONS  IN  OPERATING  RESULTS

The Company's operating results have varied significantly in the past and may do
so in the future. Factors affecting the Company's operating results include, but
are  not  limited  to  important  Research  &  Development  expenses  to  finish
development  of  software  product,  delays in commercializing the software, the
degree  of  acceptance  of the Company's products; by the markets and industries
served  by  the  Company.

The Company expects that fluctuations in its operating results will continue for
the foreseeable future. Consequently, the Company believes that period-to-period
comparisons  of its financial results should not be relied upon as an indication
of  future  performance.

The  Company intends to continue making significant expenditures on Research and
Development  to  finish development of current product and develop new products.
While  the  Company  believes  that  these  current  Research  and  Development
expenditures  will  be  beneficial in the long term development of its business,
there  can  be no assurances that the development of products will be successful
or  will  not  be  rendered  obsolete  by  future  technology  acquisitions  or
developments.  Research  and Development expenditures are incurred substantially
in advance of related revenue and in some cases may not result in the generation
of  revenue.

                                       -7-
<PAGE>

Item  7.  Financial  Statements

The  Report of the Independent Certified Public Accountant appearing at page F-1
and  the  Financial  Statements  and  Notes to Financial Statements appearing at
pages  F-3  through  F-14  are  incorporated  herein  by  reference.


Item  8.  Changes  In  and  Disagreements  With  Accountants  on  Accounting and
Financial  Disclosure

None.

 PART  III


Item 9. Directors, Executive Officers, Promoters and Control Persons; Compliance
With  Section  16(a)  of  the  Exchange  Act

The  Directors  and Officers of the Registrant as of the date of this report are
as  follows:

<TABLE>
<CAPTION>




Name                   Age             Position      Served as a Director since
<S>                    <C>  <C>                             <C>
Lionel Mauclaire. . .   39  President, Treasurer, Director  August 17, 1989
Jean-Michel Mauclaire   43  Director                        September, 1995
Robert Mauclaire. . .   71  Director                        November, 1996
Ronald R. Chadwick. .   45  Director, Secretary,            August 17, 1989
</TABLE>





Family Relationships: The Company's President and Director, Lionel Mauclaire and
Jean-Michel  Mauclaire,  a  Director,  are  brothers,  and  Robert  Mauclaire, a
Director,  is  the  father  of  Lionel  Mauclaire  and  Jean-Michel  Mauclaire.

All  Directors  of the Company will hold office until the next annual meeting of
the shareholders, and until successors have been elected and qualified. Officers
of the Company are elected by the Board of Directors at the first meeting of the
Company's  shareholders,  and  hold  office  until  their death, resignation, or
removal  from  office.

Lionel  Mauclaire.  President, Treasurer, and a Director. Mr. Mauclaire has been
President,  Treasurer,  and  a Director of the Company since August, 1989. Since
September,  1987,  Mr.  Mauclaire has conducted his business under the name L.M.
International,  Inc.,  a company which was formed for the purpose of engaging in
financing,  investment  banking,  mergers  and  acquisitions.  From May, 1985 to
November,  1986  he  was  employed as a marketing executive with I.M.M., S.A., a
Paris,  France  based  company engaged in the business of robots. From February,
1983  to  July,  1985  he  was  employed  by  Malterie Mauclaire, S.A., a family
business  which  supplied  breweries  with  barley.  Mr.  Mauclaire received his
business  degree  in  1982  from  IMAC,  Paris,  France.

Ronald  R.  Chadwick,  Secretary  and  a  Director.  Mr.  Chadwick has served as
Secretary  and  a  Director  since  August, 1989. From 1993 until present he has
operated his own certified public accounting firm, Ronald R. Chadwick, P.C. From
1986  until  present  he  has  been President and a Director of Petramerica Oil,
Inc.,  an  oil  and  gas company. Mr. Chadwick received an MBA degree in finance
from  Arizona  State  University  in  1980 and a Bachelor of Science degree from
Oregon  State  University  in  1979.

                                       -8-
<PAGE>

Jean-Michel Mauclaire, a Director. Mr. Mauclaire resides in Paris, France. He is
a  graduate  of  Ecole  Superieure de Commerce de Paris (1980), holds a graduate
degree  in  international  business  from  Paris  University (1983) and a French
Certified  Public  Accountant  degree  (1993). After 5 years in an international
accounting  firm,  Mr.  Mauclaire  has  held  several executive positions in the
Lafarge  Group,  a  worldwide  marker  of  cement  products,  in  the  finance,
information  systems  and  European  business  development  areas.

Robert Mauclaire, a Director. Mr. Mauclaire received his Baccalaureate degree in
1950  and  Law degree in 1954 from Paris University. From 1957 to 1968 he served
first  as  a  sales representative at IBM France, then as International Accounts
Manager  at  IBM World Trade Europe and Oil Industry Debt Manager at IBM France.
From  1969  to  1987 Mr. Mauclaire served in an executive capacity (including as
CEO  from  1981-1987)  to  the  Mauclaire  family  malting  business,  Malterie
Mauclaire,  S.A.  From  1987  to  1993  Mr.  Mauclaire was counsel to the CEO of
Soufflet  Group, a French company with annual sales of approximately $4 billion.
From 1992 to present he has served as a Judge at the local Tribunal of Commerce.
For  the  past 20 years Mr. Mauclaire has held a number of highly regarded civil
positions including Chairman of the Finance Committee of the Chamber of Commerce
of  the  District  of  Aube,  membership  on  the  Board  of Banque Populaire de
Champagne, Chairman of the Finance Committee of the Regional Chamber of Commerce
of  Champagne-Ardennes,  Vice  President  of  the National Committee of Business
Legal  and  Fiscal  Studies  of  the Association of French Chambers of Commerce,
membership  on  the  Committee  of  Counsels  of  the Banque de France, and Vice
President  of  the  Board  of  Banque  Populaire  de  Champagne.


Item  10.  Executive  Compensation

Compensation  paid  to  Officers  and  Directors  is  set  forth  in the Summary
Compensation  Table  below. The Company may reimburse its Officers and Directors
for  any and all out-of-pocket expenses incurred relating to the business of the
Company.


 SUMMARY  COMPENSATION  TABLE

<TABLE>
<CAPTION>



Name and            Fiscal  Salary  Bonus  Other Annual
Principal Position   Year                  Compensation
<S>                 <C>     <C>     <C>    <C>
Lionel Mauclaire,.    1996       -      -             -
President, CEO . .    1997       -      -             -
                      1998       -      -             -
                      1999       -      -             -
                      1999       -      -             -
</TABLE>





                                       -9-
<PAGE>

Item  11.  Security  Ownership  of  Certain  Beneficial  Owners  and  Management

 The  following  table  sets  forth,  as  of  the date of this Report, the stock
ownership  of  each person known by the Registrant to be the beneficial owner of
five percent or more or the Registrant's common stock, each Officer and Director
individually  and  all  Directors  and  Officers  of  the Registrant as a group:


<TABLE>
<CAPTION>



NAME                         CLASS        NO. OF      % OF
                                          SHARES      CLASS
<S>                        <C>        <C>             <C>
Lionel Mauclaire. . . . .  Common     14,471,968 (1)  71.57
2851 S. Parker Rd (S) 720  Preferred       4,000 (2)  95.24
Aurora, Colorado 80014

Ronald Chadwick . . . . .  Common           400,000    1.97
2851 S. Parker Rd (S) 720
Aurora, Colorado 80014

Jean-Michel Mauclaire . .  Common         1,250,000    6.18
2851 S. Parker Rd (S) 720
Aurora, Colorado 80014

Directors and . . . . . .  Common        16,121,968   79.73
Officers as a Group . . .  Preferred          4,000   95.24

<FN>

(1)  In  addition to the 14,471,968 common shares currently owned by him, Lionel
Mauclaire  also  owns  326,000  A  warrants and 326,000 B warrants. If exercised
these  warrants,  each of which convert into eight shares of common stock, would
give  Mr. Mauclaire ownership of an additional 5,226,560 shares of common stock.
He  also  holds  warrants  to  purchase  a  further  198,240  common  shares.

(2)  Each  share  of  preferred  stock  is  convertible into 1,600 shares of the
Company's  common  stock  anytime  beginning  September  1,  1994.
</TABLE>





Item  12.  Certain  Relationships  and  Related  Transactions

None.

                                      -10-
<PAGE>

  PART  IV


Item  13.  Exhibits  and  Reports  on  Form  8-K

 (a)  Exhibits

 --  The  following  Exhibits  were  filed  with  the  Securities  and  Exchange
Commission  in the Exhibits to Form S-18 on March 26, 1990, and are incorporated
by  reference  herein:

  3.1  Articles  of  Incorporation
  3.2  By  Laws


 (b)  Reports  on  Form  8-K

 --  The  following  reports were filed on Form 8-K during the fourth quarter of
the  fiscal  year  ended  June  30,  2000:

none


                                      -11-
<PAGE>

 SIGNATURES

Pursuant  to  the requirements of Section 13 or 15(d) 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,  on  June  30, 2001.

 LINDSEYTECHNOLOGIES.COM,  INC.


By:  /s/Lionel  Mauclaire
Lionel  Mauclaire,  President

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report
has  been  signed  below by the following persons on behalf of the Registrant in
the  capacities  indicated,  on  June  30,  2001.

Principal Executive Officer, Financial Officer, Accounting Officer and Director:

/s/Lionel  Mauclaire
Lionel  Mauclaire

Directors:

/s/Ronald  R.  Chadwick
Ronald  R.  Chadwick

/s/Jean-Michel  Mauclaire
Jean-Michel  Mauclaire

/s/Robert  Mauclaire
Robert  Mauclaire


                                      -12-

<PAGE>

                          Index to Financial Statements



                          LINDSEYTECHNOLOGIES.COM, INC.



<TABLE>
<CAPTION>




                                                       Page
<S>                                              <C>
Report of Comiskey & Company, P.C.
Independent Public Accountants. . . . . . . . .   F-1

Report of Larry O'Donnell, CPA, P.C.
Independent Public Accountant . . . . . . . . .   F-2


Consolidated Balance Sheet. . . . . . . . . . .   F-3


Consolidated Statements of Operations and
Other Comprehensive Income. . . . . . . . . . .   F-4


Consolidated Statements of Stockholders' Deficit  F-5


Consolidated Statements of Cash Flows . . . . .   F-6


Notes to Financial Statements . . . . . . . . .   F-7 through F-13
</TABLE>





<PAGE>











                          LindseyTechnologies.com, Inc.
                                And Subsidiaries

                              FINANCIAL STATEMENTS

                                  June 30, 2000


<PAGE>
COMISKEY & COMPANY P.C.
789 Sherman Street - suite 440 -
Denver, CO 80203



                    REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS



We  have audited the accompanying balance sheet of LindseyTechnologies.com, Inc.
and  Subsidiaries as of June 30, 2000, and the related statements of operations,
stockholders'  deficit, and cash flows for the year then ended.  These financial
statements  are  the  responsibility  of  the  Company's  management.  Our
responsibility  is  to express an opinion on these financial statements based on
our  audit.  The  financial  statements  of  LindseyTechnologies.com,  Inc.  and
Subsidiaries  as  of  June 30, 1999, were audited by other auditors whose report
dated  September 28, 1999, expressed an unqualified opinion on those statements.

We conducted our audits in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audits  to obtain reasonable assurance about whether the financial
statements  are free of material misstatement.  An audit includes examining on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management.  We  believe  our audit provides a
reasonable  basis  for  our  opinion.

In  our opinion, the 2000 financial statements referred to above present fairly,
in  all  material  respects,  the financial position of LindseyTechnologies.com,
Inc.  and  Subsidiaries  as of June 30, 2000, and the results of its operations,
cash  flows,  and  changes  in  stockholders' deficit for the year then ended in
conformity with accounting principles generally accepted in the United States of
America.





Denver,  Colorado
June  5,  2001

COMISKEY  &  CO
PROFESSIONAL  CORPORATION



                                       F-1

<PAGE>

LARRY  O'DONNELL,  CPA,  P.C.
Telephone  (303)  745-4545
2280  South  Xanadu  Way  -  Suite  370
Aurora,  Colorado  80014


Board  of  Directors
LindseyTechnologies.com,  Inc.
Aurora,  Colorado

 Independent  Auditor's  Report

I  have  audited  the  accompanying  consolidated  balance  sheet  of
LindseyTechnologies.com,  Inc.  and Subsidiaries (formerly Lindsey Technologies,
Inc.)  as of June 30, 1999 and the related consolidated statements of operations
and  other  comprehensive  income,  stockholders'  equity and cash flows for the
years  ended  June  30,  1999  and  1998.  These  financial  statements  are the
responsibility  of  the Company's management. My responsibility is to express an
opinion  on  these  financial  statements  based  on  my  audit.

I  conducted  my audit in accordance with generally accepted auditing standards.
Those  standards  require that I plan and perform the audit to obtain reasonable
assurance  about  whether  the  financial  statements  are  free  of  material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the  amounts and disclosures in the financial statements. An audit also includes
assessing  the  accounting  principles  used  and  significant estimates made by
management,  as well as evaluating the overall financial statement presentation.
I  believe  that  my  audit  provides  a  reasonable  basis  for  my  opinion.

In my opinion, the financial statements referred to above present fairly, in all
material  respects,  the  consolidated  financial  position  of
LindseyTechnologies.com,  Inc.  and Subsidiaries (formerly Lindsey Technologies,
Inc.)  as  of  June 30, 1999, and the consolidated results of its operations and
its  cash  flows  for  the years ended June 30, 1999 and 1998 in conformity with
generally  accepted  accounting  principles.

Larry  O'Donnell,  CPA,  P.C.

September  28,  1999




                                       F-2

<PAGE>
                 LindseyTechnologies.com, Inc. And Subsidiaries
                           CONSOLIDATED BALANCE SHEET
                                  June 30, 2000
<TABLE>
<CAPTION>




<S>                                                               <C>
ASSETS
Current Assets
 Cash and cash equivalents . . . . . . . . . . . . . . . . . . .  $       71,747
 Accounts receivable . . . . . . . . . . . . . . . . . . . . . .          21,754
 Investments in securities (less unrealized losses of $6,598). .          51,770
                                                                    ____________
Total current assets . . . . . . . . . . . . . . . . . . . . . .         145,271

Property and Equipment
 Computer equipment. . . . . . . . . . . . . . . . . . . . . . .          12,566
                                                                    ____________
                                                                          12,566
 Less: accumulated depreciation. . . . . . . . . . . . . . . . .           8,724
                                                                    ____________
                                                                           3,842
Other Assets
 Costs in excess of acquired net assets
(less accumulated amortization of $12,766) . . . . . . . . . . .          46,148
                                                                    ____________
 Total assets. . . . . . . . . . . . . . . . . . . . . . . . . .  $      195,261

 LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
 Accounts payable. . . . . . . . . . . . . . . . . . . . . . . .  $      804,253
 Accounts payable - related party. . . . . . . . . . . . . . . .          47,758
 Accrued expenses. . . . . . . . . . . . . . . . . . . . . . . .          14,100
 Notes payable - shareholders. . . . . . . . . . . . . . . . . .         270,104
                                                                    ____________
 Total current liabilities . . . . . . . . . . . . . . . . . . .       1,136,215

Stockholders' Equity
 Preferred stock, no par value, 20,000,000 shares authorized,
 5,000 Series A shares authorized, 4,200 issued and outstanding.         304,257
 Common stock, no par value, 100,000,000 shares authorized,
 20,219,900 issued and outstanding . . . . . . . . . . . . . . .      19,789,972
 Additional paid-in capital from warrants. . . . . . . . . . . .             120
 Accumulated other comprehensive income. . . . . . . . . . . . .          11,112
 Accumulated deficit . . . . . . . . . . . . . . . . . . . . . .     (21,046,415)
                                                                    ____________
                                                                        (940,954)
                                                                    ____________
 Total liabilities and stockholders' deficit . . . . . . . . . .  $      195,261
                                                                   =============
</TABLE>








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

<PAGE>
                 LindseyTechnologies.com, Inc. and Subsidiaries
       CONSOLIDATED STATEMENT OF OPERATIONS AND OTHER COMPREHENSIVE INCOME
                             June 30, 2000 and 1999


<TABLE>
<CAPTION>



                                                       2000              1999
<S>                                              <C>               <C>

REVENUES. . . . . . . . . . . . . . . . . . . .  $       149,363   $        38,918

OPERATING EXPENSES
 Amortization . . . . . . . . . . . . . . . . .           11,888            32,642
 Selling, general and administrative expenses .        1,469,278            53,962
 Research and development . . . . . . . . . . .        4,041,879         8,015,967
                                                  ______________     _____________
                                                       5,523,045         8,102,571
                                                  ______________     _____________
 Loss from operations . . . . . . . . . . . . .       (5,373,682)       (8,063,653)

OTHER INCOME (EXPENSE)
 Share of loss of Heldol Corporation. . . . . .                -           (14,356)
 Loss on sale of marketable securities. . . . .              (70)               -
 Investment income. . . . . . . . . . . . . . .              891               686
                                                  ______________     _____________
 Net loss . . . . . . . . . . . . . . . . . . .       (5,372,861)       (8,077,323)

OTHER COMPREHENSIVE INCOME (LOSS)
 Unrealized loss on securities. . . . . . . . .           (4,197)           (2,800)
 Foreign currency translation . . . . . . . . .           25,962            (1,092)
                                                  ______________     _____________
 Other comprehensive income . . . . . . . . . .           21,765            (3,892)
                                                  ______________    ______________
 TOTAL COMPREHENSIVE LOSS . . . . . . . . . . .  $    (5,351,096)  $    (8,081,215)
                                                  ==============   ==============

 Loss per share: (Basic)
 Net loss per share . . . . . . . . . . . . . .  $         (0.28)  $         (0.44)

 Total comprehensive loss per share . . . . . .  $         (0.28)  $         (0.44)

 Weighted average number of shares outstanding.       19,434,671        18,335,876
                                                  ==============   ==============
</TABLE>








    The accompanying notes are an integral part of the financial statements
                                       F-4


<PAGE>
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                 CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT
                             JUNE 30, 2000 AND 1999



<TABLE>
<CAPTION>

                            Common Stock           Preferred Stock       Additional                Accumulated
                           -------------          ----------------
                             Number                  Number              paid-in      Accumulated  Other Comprehensive

                           of shares     Amount     of shares   Amount   capital      Deficit      Income (Deficit)      Totals
                           ----------  -----------  ---------  --------  --------  -------------  -----------------  ------------
<S>                        <C>         <C>          <C>        <C>       <C>       <C>            <C>                <C>
Balances as of
July 1, 1998. . . . . . .  17,624,460  $ 7,335,853      4,200  $304,257  $    120  $ (7,596,230)  $         (6,761)  $    37,239

Common stock issued
for cash. . . . . . . . .      17,000       75,624          -         -         -             -                  -        75,624

Common stock issued
for services. . . . . . .     865,000    4,325,000          -         -         -             -                  -     4,325,000

Common stock issued
for subsidiaries. . . . .     640,000    2,686,295          -         -         -             -                  -     2,686,295

Total comprehensive
income (deficit) for year           -            -          -         -         -             -             (3,892)       (3,892)

 Net loss . . . . . . . .           -            -          -         -         -    (8,077,323)                 -    (8,077,323)
                           ----------  -----------  ---------  --------  --------  -------------  -----------------  ------------

Balances as of
June 30, 1999 . . . . . .  19,146,460   14,422,772      4,200   304,257       120   (15,673,553)           (10,653)     (957,057)

Common stock issued
for services. . . . . . .   1,073,440    5,367,200          -         -         -             -                  -     5,367,200

Total comprehensive
income for year . . . . .           -            -          -         -         -             -             21,765        21,765

Net loss. . . . . . . . .           -            -          -         -         -    (5,372,862)                 -    (5,372,862)
                           ----------  -----------  ---------  --------  --------  -------------  -----------------  ------------

Balances as of
June 30, 2000 . . . . . .  20,219,900  $19,789,972      4,200  $304,257  $    120  $(21,046,415)  $         11,112   $  (940,954)
                           ==========  ===========  =========  ========  ========  =============  =================  ============
</TABLE>

    The accompanying notes are an integral part of the financial statements
                                       F-5

<PAGE>

                 LindseyTechnologies.com, Inc. And Subsidiaries
                      CONSOLIDATED STATEMENT OF CASH FLOWS
                             June 30, 2000 and 1999

<TABLE>

<CAPTION>



<S>                                                 <C>           <C>
                                                           2000          1999
                                                    ------------  ------------

 CASH FLOWS FROM OPERATING ACTIVITIES
 Net loss. . . . . . . . . . . . . . . . . . . . .  $(5,372,862)  $(8,077,323)
 Adjustments to reconcile net loss to net cash
   flows from operating activities:
     Share of loss in Heldol Corporation . . . . .            -        14,356
     Amortization  . . . . . . . . . . . . . . . .       11,888        32,642
     Depreciation  . . . . . . . . . . . . . . . .        4,709            87
     Foreign currency translation adjustment . . .       25,962        (1,092)
     Common stock issued for services and software    5,367,200     7,025,000
     Changes in components of working capital:
       Accounts receivable . . . . . . . . . . . .      (10,383)        5,232
       Prepaid expenses. . . . . . . . . . . . . .          514             8
       Accounts payable. . . . . . . . . . . . . .      (81,597)      879,249
       Accrued expenses and interest . . . . . . .       14,100             -
                                                    ------------  ------------

       Net cash flows from operating activities. .      (40,469)     (121,841)

 CASH FLOWS FROM INVESTING ACTIVITIES
   Acquisition of Heldol Corporation . . . . . . .            -        (1,815)
   Investment in Heldol Corporation. . . . . . . .            -       (35,930)
   Purchase of securities. . . . . . . . . . . . .      (58,368)       (8,137)
   Proceeds from sale of securities. . . . . . . .        7,738             -
                                                    ------------  ------------

       Net cash flows from investing activities. .      (50,630)      (45,882)

 CASH FLOWS FROM FINANCING ACTIVITIES
   Due to shareholder. . . . . . . . . . . . . . .      121,377       115,748
   Sale of common stock. . . . . . . . . . . . . .            -        75,624
                                                    ------------  ------------
  #
       Net cash flows from financing activities. .      121,377       191,372
                                                    ------------  ------------

 NET INCREASE IN CASH AND CASH EQUIVALENTS . . . .       30,278        23,649

 CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD. .       41,469        17,820
                                                    ------------  ------------

 CASH AND CASH EQUIVALENTS, END OF PERIOD. . . . .  $    71,747   $    41,469
                                                    ============  ============

</TABLE>



    The accompanying notes are an integral part of the financial statements
                                       F-6

<PAGE>

                 LindseyTechnologies.com, Inc. And Subsidiaries
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000


1.     DESCRIPTION  OF  BUSINESS  AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
       -------------------------------------------------------------------------
CORPORATE  HISTORY  AND  DESCRIPTION  OF  BUSINESS
The  Company  was organized as L.M. Capital, Inc. under the laws of the state of
Colorado  on August 17, 1989.  On November 8, 1996, the Company changed its name
to  Lindsey  Technologies,  Inc.,  and  then on July 20, 1999, the Company again
changed  its  name  to  LindseyTechnologies.com, Inc.  The Company is developing
software  and  marketing  software  for  industrial,  medical,  and  commercial
operations  and  operates  in  Europe  and  North  America.

SIGNIFICANT  ACCOUNTING  POLICIES
Principles  of  Consolidation
Unless  otherwise  indicated, all references to "the Company" in these financial
statements  are  references to LindseyTechnologies.com, Inc and its wholly owned
subsidiaries,  Heldol  Corporation  and  Distributed Quality Corp.  Intercompany
transactions  have  been  eliminated  in  consolidation.

FOREIGN  CURRENCY  TRANSLATION
Financial  statements  for  the Company's subsidiaries outside the United States
are  translated  in  U.S.  dollars  at  year-end  exchange  rates for assets and
liabilities  and  weighted  average exchange rates for income and expenses.  The
resulting  translation  adjustments  are  recorded  as  a  separate component of
shareholders'  equity  (deficit).

INTANGIBLES
The  Company's  investment in Heldol Corporation includes the unamortized excess
of the Company's investment over its equity in Heldol's net assets.  This excess
was  $46,148  at  June 30, 2000, and is being amortized on a straight-line basis
over  its  estimated  useful  life  of  five  years.

INVESTMENT  IN  MARKETABLE  SECURITIES
The  Company  classifies its marketable debt and equity securities as "available
for  sale."  Securities  classified  as  available  for  sale are carried in the
financial statements at fair value.  Realized gains and losses, determined using
the  average-cost method, are included in earnings; unrealized holding gains and
losses  are  reported  in  other  comprehensive  income.

PROPERTY  AND  EQUIPMENT
Property  and  equipment  are  stated  at cost, net of accumulated depreciation.
Depreciation  is  provided  primarily  by  the  straight-line  method.

RESEARCH  AND  DEVELOPMENT
Research  and  development  costs  are  expensed  as  incurred.

CASH  AND  CASH  EQUIVALENTS
For  purposes  of the statements of cash flows, the Company considers all highly
liquid debt instruments purchased with an initial period of three months or less
to  be  cash  equivalents.

STOCK  BASIS
Shares  of  common  stock  issued for other than cash have been assigned amounts
equivalent  to  the  fair  value  of the service or assets received in exchange.

EARNINGS  PER  SHARE
Basic  earnings  per  share  are  computed  using the weighted average number of
shares  outstanding.  Shares issued in the stock transfer and exchange described
in  Note  7 are considered outstanding for all periods presented.  The effect of
outstanding  options  and  warrants  would  be  antidilutive  and, consequently,
diluted  earnings  per  share  have  not  been  presented.


                                     F-7
<PAGE>
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000


1.     DESCRIPTION  OF  BUSINESS  AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
       -------------------------------------------------------------------------
(CONTINUED)
  ---------
USE  OF  ESTIMATES
The  preparation  of  financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect  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
differ  from  those  estimates.

FAIR  VALUE  OF  FINANCIAL  INSTRUMENTS
Unless  otherwise  indicated,  the  fair  value  of  all  reported  assets  and
liabilities  which  represent  financial instruments (none of which are held for
trading  purposes)  approximate  the  carrying  values  of  such  instruments.

2.     PRESENTATION  AS  A  GOING  CONCERN
       -----------------------------------
The Company has incurred significant operating losses.  At June 30, 2000, it has
an accumulated deficit of $21,046,415 and a working capital deficit of $990,944.
These  conditions  are  primarily  as a result of stock issued for settlement of
services  charged  to  accounts  payable.

Management  projects  that  this  method  of  settling payables will continue to
enable  the Company to maintain its current level of cash commitments through at
least  the  next  year,  and  that such cash flows will be sufficient to support
operations  and  the  Company's  sales  effort  for  the  coming  year.

Management  also  believes  that  the  Company's future success will be achieved
through  the  development  under  its  own  umbrella  of  a  generic  management
information  system  that  produces  and  harmonizes  norms  and  know-how  with
multi-media  capabilities.

3.     INVESTMENT  IN  HELDOL
       ----------------------
On June 21, 1996, the Company entered into a joint venture with a team of French
software  engineers  (the  Associates)  and  their  wholly  owned  French
corporation,     Helvetius  Ingeniere.  The  Company  and  the Associates formed
Heldol  Corporation  (Heldol)  a United States corporation, on October 25, 1996.
The  Company  capitalized  Heldol  for $70,000, giving the Company 35% of Heldol
and the Associates 65%.   As of June 30, 1998, the Company had invested $211,286
and  owned  50%  of  Heldol.  The Company accounted for the investment under the
equity  method.

On  May  31, 1999, the Company acquired all of the Associates stock in Heldol by
issuing 100,000 shares of its common stock.  The purchase price was allocated as
follows:

<TABLE>
<CAPTION>

<S>                     <C>
Cash . . . . . . . . .  $(1,815)
Accounts receivable. .    6,717
Property and equipment    8,745
Prepaid expenses . . .      522
Goodwill . . . . . . .   58,914
Accounts payable . . .   (7,993)
                        --------

                        $65,090
                        ========
</TABLE>

                                     F-8
<PAGE>
                                     ======
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000


3.     INVESTMENT  IN  HELDOL  (CONTINUED)
       -----------------------------------
The  accompanying consolidated financial statements include operations of Heldol
for  the one month ended June 30, 1999.Condensed financial information of Heldol
Corporation as of and for the period ended May 31,1999.

<TABLE>
<CAPTION>

<S>                                                      <C>
Current assets. . . . . . . . . . . . . . . . . . . . .  $   5,424
 Other. . . . . . . . . . . . . . . . . . . . . . . . .      8,745
                                                         ----------

 Other assets . . . . . . . . . . . . . . . . . . . . .  $  14,169
                                                         ==========

Current liabilities . . . . . . . . . . . . . . . . . .     41,579
Stockholders' deficit . . . . . . . . . . . . . . . . .    (27,410)
                                                         ----------

     Total liabilities and stockholders' deficit. . . .  $  14,169
                                                         ==========


Revenues. . . . . . . . . . . . . . . . . . . . . . . .  $  41,500
Allowance for loss on investment in Helvetius Ingeniere   (175,772)
Operating expenses. . . . . . . . . . . . . . . . . . .    (70,211)
                                                         ----------

     Net loss . . . . . . . . . . . . . . . . . . . . .  $ (28,711)
                                                         ==========
</TABLE>


4.     INVESTMENT  IN  DISTRIBUTED  QUALITY  CORP.
       -------------------------------------------
On  November  5th  1998, the Company acquired Distributed Quality Corp. (DQC), a
Colorado  based  company  involved  in  marketing Networking and CORBA framework
software  platforms   for  distributing  quality  related  knowledge  throughout
organizations  using  Internet  technology, for $2,700,000 consisting of 540,000
restricted common shares of the Company valued at $5 per share and assumption of
$865,000  in  liabilities.  DQC was acquired in a merger transaction pursuant to
the  terms  of  a  merger  agreement,  dated  November 5, 1998.  The Company has
recorded  all  significant  transactions  of  DQC.

The  acquisition  was  accounted for under the purchase method, and the purchase
price  was  allocated  to  the  process  technology.  Prior  to  completing  the
acquisition, the Company conducted reviews in order to determine the fair market
value  of  the  organization  and  technology  to  be  acquired.  These  reviews
consisted  of  an  evaluation  of existing products, research and development in
process  (projects  that  had  not  reached technological feasibility and had no
alternative  future use), customers, financial position, and other matters.  The
"acquired  in  process  research  development"  represent  unique  and  emerging
technologies.

On  August 31, 1998, DQC signed an agreement with Stellarx SA, a French software
startup  company  that  provides  software  infrastructure  for  developing
Internet-based  application  software  solutions.

This  agreement  stipulates  that  DQC  buys  the Stellarx Framework Development
toolkit  (tm)  license  for  a  price  of  $300,000.  This  software environment
includes  an  XML  document  manager  and  repository, a workflow engine, and an
application  designer.  It  also  includes  a  Versant  (tm)  ODBMS  development
license.  (Versant  is  a trademark of Versant Corp.; Stellarx is a trademark of
Stellarx  S.A.).

                                     F-9
<PAGE>
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000



4.     INVESTMENT  IN  DISTRIBUTED  QUALITY  CORP.  (CONTINUED)
       --------------------------------------------------------
Under  the  terms  of this agreement, DQC also has a right to integrate Stellarx
Framework  Development  and  Versant  ODBMS  runtime  software pieces in its own
application software and distribute the whole as a package to its clients.  This
right  is  worldwide,  unlimited  in time and exclusive for application software
related  to  quality, regardless of the business sector.  DQC is required to pay
10%  of  its  application  license  revenues  and  5% of its license maintenance
revenues  to  Stellarx  as  compensation  for  this  right  and to contribute to
research  and  development  costs  of  Stellarx  or  each  year  ended  December
31  as  follows:
1998-$15,000,  1999-$100,000,  2000-$200,000,  and  2001-$250,000.

Prior  to  the  transaction,  the  Company  had  evaluated  the establishment of
technological feasibility of "acquired in process technology."  Due to the early
stage  of  completion at the date of acquisition, the Company has concluded that
it  could  not  determine, with any reasonable degree of accuracy, technological
feasibility until the "acquired in process technology" was delivered and tested.
The  purchased software was not fully delivered to DQC at the date of the merger
transaction.

In  conformity  with SFAS NO. 86, "Accounting for the Costs of Computer Software
to  be  sold, Leased or otherwise Marketed," the total purchase price of DQC has
been  allocated  to  research  and development expenses.  The purchase price and
costs  directly  attributable  to  completion  of  the  acquisition  were  not
significant.  No significant adjustments were required to conform the accounting
policies  of  the  acquired  companies.

The  Company  may continue to incur charges for "acquired in process technology"
in  connection  with  future acquisitions, which will increase operating and net
losses  for  the  periods  in  which  the  acquisitions  are  consummated.

5.     RELATED  PARTY  TRANSACTIONS
       ----------------------------
As  of  June  30,  2000,  the  Company  owed  $270,104  to various directors and
shareholders.

A  Company  wholly  owned  by  the  secretary  was  reimbursed for out-of-pocket
expenses  in the amount of $21,000 and $24,000 for the years ended June 30, 2000
and  1999,  respectively.

The  Company  reimbursed  a  family  member  of  its president for out-of-pocket
expenses  of  $7,332  and  $8,169 during the years ended June 30, 2000 and 1999,
respectively.

The Company has borrowed and paid back funds from the major shareholder's wholly
owned  company.  These  loans  are  at  zero  percent  interest  to the Company.

The Company sold software to a family member of its president for $22,500 during
the  year  ended  June  30,  2000.

6.     RESEARCH  AND  DEVELOPMENT  COSTS
       ---------------------------------
The  company  conforms  to  the  requirements of SFAS No 86, "Accounting for the
Costs  of  Computer  Software  to  be sold, Leased or otherwise Marketed," which
requires  capitalization  of  costs  incurred  in  developing  new software once
technological  feasibility,  as  defined, has been reached.  Costs of developing
software and research and development are expensed as incurred.  The Company did
not  capitalize  any  software development costs during the years ended June 30,
2000  and  1999.

                                     F-10
<PAGE>
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000


6.     RESEARCH  AND  DEVELOPMENT  COSTS  (CONTINUED)
       ----------------------------------------------
Except for the expenses related to the merger transaction with DQC, research and
development  expenses  for  all  periods  presented  consisted  primarily  of
compensation  and  consulting  fees  to  support  research  and  development for
conception,  modeling,  and  development  of  the Company's application software
called  Key-Qual,  a  net-based  tool  for certification and organization of all
existing  production  processes covering industry, services, administration, and
medical  sectors.

These  expenses  may  vary  from  one  period  to the other because expenses are
recorded  when  cooperation  contracts have been signed and stock issuances have
been  authorized  by  a board meeting, which does not occur everyday.  Such wide
variation  of  expenses  may  occur  in  the  future.

The Company believes it has budgeted adequate research and development resources
to  complete  the  contemplated  projects  over time periods ranging from six to
eighteen  months  from the dates of acquisition in order to finalize development
of  finished  application  software.

7.     MARKETABLE  SECURITIES
       ----------------------
Unrealized  gains  and losses of marketable equity securities available for sale
as  of  June  30,  2000  and  1999  are  as  follows:
<TABLE>
<CAPTION>



                                     Gross        Gross
                      Amortized   Unrealized    Unrealized    Fair
<S>                   <C>         <C>          <C>           <C>
                      Cost        Gains        Losses        Value
                      ----------  -----------  ------------  -------

June 30, 2000:
Available for sale
   equity securities  $   58,368  $         -  $    (6,598)  $51,770
                      ==========  ===========  ============  =======

June 30, 1999:
Available for sale
   equity securities  $    7,944  $         -  $    (2,607)  $ 5,337
                      ==========  ===========  ============  =======
</TABLE>

Realized  gains and  losses  are calculated  using  the specific  identification
method. Net realized losses  during 2000 and 1999  on those  sales of investment
securities available-for-sale were $70 and $-0-, respectively. Included in Other
Comprehensive Income were $4,197 and $2,800 of net unrealized loss on investment
securities available-for-sale at June 30, 2000 and 1999, respectively.

8.     INCOME  TAXES
       -------------
Deferred  income  taxes  arise  from the temporary differences between financial
statement  and  income  tax  recognition  of  net  operating losses.  These loss
carryovers  are  limited  under  the  Internal Revenue Code should a significant
change  in  ownership  occur.

At June 30, 2000, the Company has approximately $1,000,000 of unused Federal net
operating  loss  carryforwards,  which  principally expire in the year 2018. The
Company also has $19,000,000 in temporary timing differences primarily resulting
from the issuance of stock for services.

The  tax  benefit  of  these  net  operating  losses  and  timing differences is
approximately   $7,000,000   and  has  been  offset  by  a  full  allowance  for
realization.  For  the  period  ended  June 30, 2000,  the  valuation  allowance
increased by approximately $1,800,000.


9.     STOCKHOLDERS'  EQUITY
       ---------------------
PREFERRED  STOCK
At  June  30,  2000,  the Company has authorized a total of 20,000,000 preferred
shares to be issued in series with rights and privileges to be determined by the
Board  of  Directors.

                                     F-11
<PAGE>
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000


9.     STOCKHOLDER'S  EQUITY  (CONTINUED)
       ----------------------------------
PREFERRED  STOCK  (CONTINUED)
Out  of  the  authorized preferred stock, the Company has designated a "Series A
Convertible  Preferred  Stock" (Series A) with 5,000 as the designated number of
shares.  The  Series  A  holders  are  not entitled to receive dividends but can
convert  one  share  of  Series  A  into  1,600  shares  of  common  stock.

As  a  provision of the Series A - "In the event of any voluntary or involuntary
liquidation, dissolution or winding up of the affairs of the Company, the holder
of  each  share  of  Series A shall be entitled to receive, of the assets of the
Company  available  for  distribution,  an  amount  per  share  equal  to $100."

If  the  assets  and  funds  to be distributed among the holders of the Series A
shall  be  insufficient  to permit the payment of the full foresaid preferential
amount  to such holders, then the entire assets and funds of the Company legally
available  for distribution shall be distributed among the holders of the Series
A in proportion to the aggregate preferential amount of all shares held by them.
After  payment  has been made to the holders of the Series A, the holders of the
common  stock  shall be entitled to share ratably in the remaining assets on the
basis  of  the  number  of  shares  held  by  them.

The  holder  of each share of Series A shall have the right to two hundred votes
for  each  share  standing in his name on the books of the Company.  The holders
shall have the right to vote at all meetings of the stockholders held in respect
to  any  matter  upon  which  voting  is  required,  including  the  election of
directors.  These  votes will be     aggregated with the votes of the holders of
the  Company's  common  stock  and  will  not  be  treated  as a separate class.

COMMON  STOCK
At  June  30,  2000,  the  Company  has authorized a total of 100,000,000 no par
common  shares  to be issued.  At June 30, 2000, a total of 20,219,900 shares of
no  par  value  common  stock  were  issued  and  outstanding.

During  the year ended June 30, 2000, the Company issued 1,073,440 shares of the
Company's  common  stock for services. The services were valued at the estimated
cost  of  services  provided  and  were  issued  for  $5  per share.  A total of
$5,367,200 was charged to operations.

OFFERINGS  AND  WARRANTS
The  Company completed a public offering of 20,650 units at $6 per unit in March
1991,  with  gross  proceeds  of $123,900.  Each unit consisted of twelve common
shares,  no  par  value,  plus  twenty  Class  A  and twenty Class B warrants to
purchase  common  stock.  Each Class A and Class B warrant allowed the holder to
purchase  eight  shares  of  common  stock  at  an  exercise  price  of
twelve-and-one-half  cents ($.125) and eighteen-and-three-quarter cents ($.1875)
per  share, respectively.  The Class A and Class B warrants were to have expired
twelve months after the date of the prospectus on September 13, 1990.  The Board
of  Directors  had  extended  the time to exercise these warrants until June 30,
2002.  As  of  June  30,  none  of  these  warrants  have  been  exercised.

The  Company  has  sold its securities under a Regulation S Offshores Securities
Agreement.  The  securities  may  not  be  sold in the United States unless they
become  registered  under a securities act or under an exemption of a securities
act.  The  securities are sold in units at $100 per unit.  Each unit consists of
100 common shares, no par value, plus twenty Class A warrants to purchase common
stock at $7 per share and twenty Class B warrants to purchase common stock at $9
per  share.  Each  Class A and Class B warrant allows the holder to purchase one
share  of  common stock.  The Class A warrants were to have expired December 15,
1999,  but have been extended until June 30, 2002.  The Class B warrants were to
have expired December 15, 2000, but have also been extended until June 30, 2002.
The  Company  sold  170  units  during  the  year  ended  June  30,  1999.

                                     F-12
<PAGE>
                 LINDSEYTECHNOLOGIES.COM, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2000


9.     STOCKHOLDER'  EQUITY  (CONTINUED)
       ---------------------------------
OFFERINGS  AND  WARRANTS  (CONTINUED)
As  of  June 30, 2000, 416,400 Class A warrants, and 416,400 Class B warrants to
purchase   a  total  of  6,614,800  shares  of  common  stock  were  issued  and
outstanding  with  an  average  exercice  price  of  $8  per share. The Board of
Directors extended the period to exercise all warrants through June 30, 2002.

The  Company  has  the  right to redeem these warrants upon a thirty-day written
notice  at  a price of $.0001 per warrant.  As of June 30, 2000, the Company has
redeemed  no  warrants.

CONSIDERATION OF OTHER COMPREHENSIVE INCOME ITEMS
The Company has accumulated other comprehensive income of $11,112. The number is
made  up  of  $18,109  of  foreign  currency  translation  benefit and $6,997 of
unrealized  losses  on  marketable  securities. These other comprehensive income
items  have  been  shown  net  of  tax  effect  of  $-0- due to a full valuation
allowance. (see note 8)

10.     STOCK  OPTION  PLAN
        -------------------
On  August  17,  1989,  the Company adopted an Incentive Stock Option Plan under
which options are intended to qualify as "incentive stock options' under Section
422A  of the Internal Revenue Code of 1954, as amended.  The options to purchase
up  to  500,000  shares  of  the  Company's  common  stock may be granted to the
employees  of  the Company.  The plan is administered by the Board of Directors,
which  are  empowered  to  determine  the  terms  and conditions of each option,
subject to the limitation that the exercise price cannot be less than the market
value  of the common stock on the date of grant (110% of the market value in the
case of options granted to an employee who owns 10% of the Company's outstanding
common  stock)  and  no option can have a term in excess of 10 years (5 years in
the  case  of  options granted to employees who own 10% or more of the Company's
common  stock).  As  of  June  30,  2000,  no  options  have  been  granted.

11.     CONTINGENCY
        -----------
The  Company  issued shares for services during the year ended June 30, 1999 and
valued  those  shares at $5 per share.  Should the trading price of those shares
be  below that amount when the two-year holding period expires, the Company must
make up the difference in cash.  The total amount of the contingency is $80,000.

                                     F-13