<PAGE>   1
                     U.S. SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, D.C.20549

                                    FORM 10-Q
[X]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934.

                FOR THE QUARTERLY PERIOD ENDED FEBRUARY 29, 2000.


[ ]     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: 0-8880


                      MARITIME TRANSPORT & TECHNOLOGY, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

<TABLE>
<S>                                      <C>
                   NEW YORK                     11-2196303
    (STATE OF JURISDICTION OF             (L.R.S. IDENTIFICATION NO.)
  INCORPORATION OR ORGANIZATION)
</TABLE>




           1535 MEMPHIS JUNCTION ROAD, BOWLING GREEN, KENTUCKY, 42101.
                    (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)


                                 (502) 781-8453
              (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)

               FORMER NAME, FORMER ADDRESS AND FORMER FISCAL YEAR,
                          IF CHANGED SINCE LAST REPORT

        Indicate by check mark, whether the registrant: (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934
during the preceding 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            No  X
                       ---

        The Company had 14,947,215 shared of common stock outstanding as of
February 29, 2000.



<PAGE>   2


                          ITEM 1. FINANCIAL STATEMENTS



<PAGE>   3


             MARITIME TRANSPORT & TECHNOLOGY, INC. AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                       FEBRUARY 29, 2000 AND MAY 31, 1999

<TABLE>
<CAPTION>
                                                                                                 February        May
         ASSETS                                                                                  29, 2000      31, 1999
         ------                                                                                ----------   --------------
                                                                                               (Unaudited)   (See Note 1)
<S>                                                                                          <C>               <C>
Current assets:
     Cash and cash equivalents                                                                $   228,331       $   122,161
     Accounts receivable, net                                                                     370,763           397,467
     Inventories                                                                                  583,409           508,017
     Prepaid expenses and other current assets                                                      2,000            10,525
                                                                                              -----------        ----------
              Total current assets                                                              1,184,503         1,038,170

Equipment and improvements, net                                                                    75,386            35,702
Other assets                                                                                       13,197            31,295
                                                                                              -----------        ----------

              Totals                                                                           $1,273,086        $1,105,167
                                                                                              ===========        ==========

<CAPTION>
         LIABILITIES AND STOCKHOLDERS' EQUITY
         ------------------------------------
<S>                                                                                         <C>              <C>
Current liabilities:
     Current portion of long-term debt                                                        $    10,237       $     7,268
     Accounts payable and accrued expenses                                                        265,196           245,622
     Customer deposits payable                                                                    168,273            70,123
     Advances from principal stockholder                                                          229,573           174,527
     Private placement funds in dispute                                                            42,000            38,400
                                                                                             ------------       -----------
              Total current liabilities                                                           715,279           535,940

Long-term debt, net of current portion                                                              6,364             8,274
                                                                                             ------------       -----------
              Total liabilities                                                                   721,643           544,214
                                                                                             ------------       -----------

Commitments and contingencies

Stockholders' equity:
     Common stock, $.01 par value; 80,000,000 shares
         authorized; 14,947,215 and 14,787,955 shares outstanding                                 149,473           147,880
     Additional paid-in capital                                                                   497,216           313,201
     Retained earnings (accumulated deficit)                                                      (95,246)           99,872
                                                                                             ------------      ------------
              Total stockholders' equity                                                          551,443           560,953
                                                                                             ------------      ------------

              Totals                                                                          $ 1,273,086       $ 1,105,167
                                                                                             ============      ============
</TABLE>



            See Notes to Condensed Consolidated Financial Statements.


<PAGE>   4


             MARITIME TRANSPORT & TECHNOLOGY, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
       NINE AND THREE MONTHS ENDED FEBRUARY 29, 2000 AND FEBRUARY 28, 1999
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                              Nine Months Ended              Three Months Ended
                                                                                  February                        February
                                                                         --------------------------     ---------------------------
                                                                             2000          1999             2000           1999
                                                                         -----------    -----------     ------------    -----------
<S>                                                                      <C>            <C>             <C>             <C>
Revenue                                                                  $ 1,452,919    $ 1,339,364     $    507,012    $   510,439

Cost of goods sold                                                         1,102,829        661,589          427,696        289,382
                                                                         -----------    -----------     ------------    -----------

Gross profit                                                                 350,090        677,775          79,316         221,057

Selling, general and administrative expenses                                 548,047        976,943          137,663        602,699
                                                                         -----------    -----------     ------------    -----------

Loss from operations                                                        (197,957)      (299,168)         (58,347)      (381,642)
                                                                         -----------    -----------     ------------    -----------
Other income (expense):
    Gain on sale of assets                                                                   19,000
    Interest income                                                            4,485          1,135            1,595            896
    Interest expense                                                          (1,646)       (20,615)            (444)       (15,871)
                                                                         -----------    -----------     ------------    -----------
       Totals                                                                  2,839           (480)           1,151        (14,975)
                                                                         -----------    -----------     ------------    -----------

Loss before income taxes                                                    (195,118)      (299,648)         (57,196)      (396,617)

Credit for income taxes                                                                                                      (6,535)
                                                                         -----------    -----------     ------------    -----------

Net loss                                                                $   (195,118)   $  (299,648)    $    (57,196)  $  (390,082)
                                                                         -----------    -----------      ------------    -----------

Basic loss per common share                                                    $(.01)         $(.02)            $  -          $(.03)
                                                                               =====          =====             ====          =====

Basic weighted average number of common shares outstanding                14,904,893     15,155,705       14,945,253     15,155,705
                                                                         ===========    ===========     ============    ===========
</TABLE>



            See Notes to Condensed Consolidated Financial Statements.


<PAGE>   5


             MARITIME TRANSPORT & TECHNOLOGY, INC. AND SUBSIDIARIES
       CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                       NINE MONTHS ENDED FEBRUARY 29, 2000
                                   (Unaudited)




<TABLE>
<CAPTION>
                                                                                                   Retained
                                                              Common Stock           Additional    Earnings
                                                          ---------------------       Paid-in    (Accumulated
                                                          Shares        Amount        Capital      Deficit)        Total
                                                        -----------  ------------  ------------  ------------    ---------
<S>                                                     <C>              <C>          <C>           <C>           <C>
Balance, June 1, 1999                                    14,787,955      $147,880     $313,201      $ 99,872      $560,953

Proceeds from sale of common stock at
    $1 per share, net expenses                               53,500           535       49,773                      50,308

Issuance of common stock for consulting fees                105,760         1,058      134,242                     135,300

Net loss                                                                                            (195,118)     (195,118)
                                                         ----------      --------     --------       -------      --------

Balance, February 29, 2000                               14,947,215      $149,473     $497,216      $(95,246)     $551,443
                                                         ==========      ========     ========      ========      ========
</TABLE>




            See Notes to Condensed Consolidated Financial Statements.

<PAGE>   6



             MARITIME TRANSPORT & TECHNOLOGY, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
            NINE MONTHS ENDED FEBRUARY 29, 2000 AND FEBRUARY 28, 2000
                                   (Unaudited)




<TABLE>
<CAPTION>
                                                                                                     2000            1999
                                                                                                -------------   -----------
<S>                                                                                             <C>             <C>
Operating activities:
     Net loss                                                                                   $  (195,118)      $(299,648)
     Adjustments to reconcile net loss to net cash
     provided by (used in) operating activities:
         Depreciation and amortization                                                               11,520          33,000
         Issuance of common stock for services                                                      135,300         200,000
         Provision for doubtful accounts                                                             72,130
         Changes in operating assets and liabilities:
              Accounts receivable                                                                    26,535        (217,285)
              Inventories                                                                           (75,392)        (42,519)
              Prepaid expenses and other current assets                                                (400)           (200)
              Accounts payable, accrued expenses and other
                  current liabilities                                                                28,499         123,667
              Customer deposits payable                                                              98,150          41,396
                                                                                                  ---------       ---------
     Net cash provided by (used in) operating activities                                            101,224        (161,589)
                                                                                                  ---------       ---------

Investing activities:
     Proceeds from notes receivable - affiliate                                                                       3,070
     Notes receivable - nonaffiliate, net                                                           (53,863)         (1,802)
     Purchase of equipment and improvements                                                         (43,080)         (9,346)
                                                                                                  ---------       ---------
     Net cash used in investing activities                                                          (96,943)         (8,078)
                                                                                                  ---------       ---------

Financing activities:
     Advances from principal stockholder                                                             55,046
     Private placements funds in dispute                                                              3,600          30,846
     Repayments of long-term debt                                                                    (7,065)         (1,691)
     Net proceeds from private placements                                                            50,308         169,000
                                                                                                  ---------       ---------
     Net cash provided by financing activities                                                      101,889         198,155
                                                                                                  ---------       ---------

Net increase in cash and cash equivalents                                                           106,170          28,488
Cash and cash equivalents, beginning of period                                                      122,161          75,589
                                                                                                  ---------       ---------

Cash and cash equivalents, end of period                                                          $ 228,331       $ 104,077
                                                                                                  =========       =========

Supplemental disclosure of cash flow information:
     Interest paid                                                                                $   1,646       $  20,621
                                                                                                  =========       =========

Supplemental disclosure of noncash investing and financing activities:
     Equipment and improvements financed, in part, with debt                                      $   8,124
                                                                                                  =========
</TABLE>


            See Notes to Condensed Consolidated Financial Statements.


<PAGE>   7


             MARITIME TRANSPORT & TECHNOLOGY, INC. AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)



Note 1 - BASIS OF PRESENTATION:

                In the opinion of management, the accompanying unaudited
                condensed consolidated financial statements reflect all
                adjustments, consisting of normal recurring accruals, necessary
                to present fairly the financial position of Maritime Transport &
                Technology, Inc. and Subsidiaries (the "Company") as of February
                29, 2000, its results of operations for the nine and three
                months ended February 29, 2000 and February 28, 1999, its cash
                flows for the nine months ended February 29, 2000 and February
                28, 1999 and its changes in stockholders' equity for the nine
                months ended February 29, 2000. Information included in the
                condensed consolidated balance sheet as of May 31, 1999 has been
                derived from the audited consolidated balance sheet included in
                the Company's Form 10-K for the year ended May 31, 1999 (the
                "10-K") previously filed with the Securities and Exchange
                Commission (the "SEC"). Pursuant to rules and regulations of the
                SEC, certain information and disclosures normally included in
                financial statements prepared in accordance with generally
                accepted accounting principles have been condensed or omitted
                from these consolidated financial statements unless significant
                changes have taken place since the end of the most recent fiscal
                year. Accordingly, these unaudited condensed consolidated
                financial statements should be read in conjunction with the
                consolidated financial statements, notes to consolidated
                financial statements and other information in the 10-K.

                The consolidated results of operations for the nine and three
                months ended February 29, 2000 and February 28, 1999 are not
                necessarily indicative of the results to be expected for the
                full year.


Note 2 - NET INCOME (LOSS) PER SHARE:

                Statement of Financial Accounting Standards No. 128, "Earnings
                Per Share," requires dual presentation of basic and diluted
                earnings per share by entities with complex capital structures.
                Basic earnings per share includes no dilution and is computed by
                dividing net income (loss) by the total number of common shares
                outstanding for the period. Diluted earnings per share reflects
                the potential dilution of securities that could dilute the
                shares in computing the earnings of the Company such as common
                stock which may be issuable upon exercise of outstanding common
                stock options or the conversion of debt into common stock. As of
                February 29, 2000 and February 28, 1999 and for the periods then
                ended, there were no dilutive securities outstanding.


<PAGE>   8


Note 3 - PRIVATE PLACEMENTS:

                Two of the Company's directors, Andrew Seim and Alexander
                Brosda, acting individually and as principals of Taurus
                Investments International, Inc. (a Bermuda corporation)
                (collectively "Taurus"), acting as Directors of B.G. Banking
                prior to its acquisition by the Company and subsequent to the
                acquisition becoming directors of the Company, offered and sold
                on behalf of B.G. Banking what Taurus has admitted to being an
                aggregate of 304,500 shares of common stock of B.G. Banking for
                an aggregate consideration of $304,500. Taurus has remitted to
                B.G. Banking and the Company net proceeds of $109,673 and claims
                the difference of $194,827 be retained by Taurus as payment for
                expenses and commissions. Taurus has refused to disclose the
                names and numbers of shares of common stock and refused to remit
                to the Company the proceeds of the shares sold.

                The Company intends to enter into a lawsuit with Taurus
                demanding the balance of $194,827 that was improperly withheld
                be remitted to the Company and that Taurus disclose the names of
                the persons and the number of shares of common stock sold to
                these individuals. As of February 29, 2000, Taurus has failed to
                turn over the balance of money, provide the names of the stock
                subscribers and the number of shares of common stock purchased.

                Based upon the accounting provided by Taurus to the Company, the
                Company may be liable for the issuance of up to 329,500 shares
                of common stock if and when Taurus substantiates its
                representation as to the number of shares of common stock sold
                and the aggregate consideration.

                The Company may also be forced to defend itself against actions
                to be brought by unknown subscribers to shares of common stock
                of B.G. Banking whose purchase price has never been disclosed or
                delivered to the Company. The Company is aware of one alleged
                purchaser who claims to have delivered funds to Taurus and whose
                funds where apparently not turned over to the Company. In the
                opinion of management, the Company has no liability to such
                purchasers and intends to vigorously defend such actions, if and
                when brought.

                As of February 29, 2000, the Company has identified stockholders
                representing an aggregate of 232,250 shares with an aggregate
                consideration of $169,000 representing 126,500 shares of
                certificates in B.G. Banking's name sold by Taurus and has
                converted those shares into 189,750 shares of the Company's
                common stock valued at $126,500 and issued 42,500 shares of the
                Company's common stock in consideration for $42,500 valued at $1
                per share.


<PAGE>   9
Note 3 - PRIVATE PLACEMENTS (CONCLUDED):

                Through February 29, 2000, the Company has received $42,000 from
                Taurus relating to the purchase of shares by an unknown
                investor. The Company is holding this money in escrow as an
                investor loan payable pending disposition.

                As of February 29, 2000, the Company has reserved 329,500 shares
                of common stock pending possible issuance of shares in
                satisfaction of outstanding subscription agreements.

                The Company is offering 2,000,000 shares of common stock at $1
                per share on a "best effort basis".

                As of February 29, 2000, the Company has sold 53,500 shares of
                common stock for aggregate consideration of $53,500, net of
                $3,192 of expenses.

                The Company has reserved 1,904,000 shares of common stock
                pending the completion of the private placement.



<PAGE>   10


        ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

                      MANAGEMENT'S DISCUSSION AND ANALYSIS
                 OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
     FOR THE NINE AND THREE MONTHS FEBRUARY 29, 2000 AND FEBRUARY 28, 1999

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

Form 10-Q, other than historical financial information, may consist of
forward-looking statements that include risks and uncertainties, including, but
not limited to, statements contained in "Management's Discussion and Analysis of
Financial Condition and Results of Operations." Such statements are based upon
many assumptions and are subject to risks and uncertainties. Actual results
could differ materially from the results discussed in the forward-looking
statements due to a number of factors, including, but not limited to, those
identified in this document and the company's other filings with the Securities
and Exchange Commission. The Company disclaims, any intent or obligation to
update these forward-looking statements.

OVERVIEW

Maritime Transport & Technology (the "Company") was established in 1968. The
Company remained dormant for many years until the Company completed the
acquisition of B.G. Banking Equipment, Inc., ("B.G. Banking") and Financial
Building Equipment Exchange, Inc., ("FBEE"). The Company is now in the business
of buying, selling, trading and refurbishing new and used financial equipment
for banks and other financial institutions. The Company markets the products
throughout the United States primarily through direct sales to financial
institutions and other distributors, who are supported by the Company's direct
sales force, as well as soliciting new contacts through its presence on the
Internet.

The Company anticipates that its results of operations may fluctuate for the
foreseeable future due to several factors, including whether and when new
products at competitive prices are obtained and/or are available at favorable
prices; market acceptance of current or new products, delays or inefficiencies
in fulfilling orders, seasonal customer demand, the timing of significant
orders, competitive pressures on average selling prices and changes in the mix
of products sold.

Operating results would also be adversely affected by a downturn in the market
for the Company's current and future products, order cancellations, or order
rescheduling or remanufacturing or delays. The Company purchases and resells new
merchandise and remanufactures and ships its other products shortly after
receipt of orders and has not developed a significant backlog for such products
and does not anticipate it will develop a material backlog for such products in
the future.

Because the Company plans to increase its operating expenses, primarily for
personnel and activities supporting newly-introduced products, new product
development and entering new markets, the Company's operating results would be
adversely affected if its sales did not correspondingly increase or if its
product development efforts are unsuccessful or are subject to delays. The
Company has incurred losses due to the payment of consulting fees and the
issuance of shares of common stock in consideration for consulting expenses
charged to operations in lieu of the payment of cash for the nine months ended
February 29, 2000.

The Company may not sustain revenue growth or return to profitability on a
quarterly or annual basis and its operating results may not be consistent with
predictions made by securities analysts.

RESULTS OF OPERATIONS

<PAGE>   11


The following table sets forth operating data as a percentage of net sales:

<TABLE>
<CAPTION>
                                               Nine Months                                     Three Months
                                            Ended  February,                                  Ended  February,
                                           2000          1999                                 2000        1999
                                        ------------------------                           ----------------------
<S>                                     <C>              <C>                               <C>          <C>
Net sales                                100.0%          100.0%                             100.0%       100.0%
Cost of sales                             75.9%           49.4%                              84.4%        56.7%
                                         -------         -------                            -------     --------

Gross profit                              24.1%           50.6%                              15.6%        43.3%

Expenses                                  37.7%           72.9%                              27.1%       118.1%
                                         -------         -------                            -------     --------

Loss from operations                     (13.6%)         (22.3%)                            (11.5%)      (74.8%)
Other (net)                                 .2%            (.1%)                               .2%        (1.6%)
                                         -------         -------                            -------     --------
Net Loss                                 (13.4%)         (22.4%)                            (11.3%)      (76.4%)
                                         =======         =======                            =======     ========
</TABLE>


RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED FEBRUARY 29, 2000 AS COMPARED TO
THE NINE MONTHS ENDED FEBRUARY 28, 1999.

Revenues were $1,452,919 for the nine months ended February 29, 2000 as compared
to $1,339,364 for the nine months ended February 28, 1999 reflecting an increase
of $113,555 or 8.5% over the same period last year. Cost of goods sold and
related expenses for the nine months ended February 29, 2000 were $1,102,829 or
75.9% of net sales as compared to $661,589 or 49.4% of net sales for the nine
months ended February 28, 1999. The increase in sales is the direct result of
getting the Company's website up allowing customers to see the items that are
available for sale. Gross profit was dramatically reduced based upon the ratio
of new products sold to refurbished products sold and also increased labor
costs. The sale of refurbished or used items carries a much higher gross profit
than the sale of new items.

Selling, general and administrative expenses were $548,047 for the nine months
ended February 29,2000 as compared to $976,943 for the nine months ended
February 28, 1999 reflecting a decrease of $428,896 or 43.9% over the same
period last year. In the prior year, the Company had incurred an increase in the
general and administrative expenditures in order to create the infrastructure
necessary to meet the Company's marketing and production goals. In addition, the
expenses were also significantly higher in the prior period relating to
increased expenditures for professional fees and consultants attributible to
fees incurred with unsuccessful mergers and acquisitions and raising funds.

As a result of the above, the Company incurred a net loss of $195,118 or $.01
per share for the nine months ended February 29, 2000 as compared to a net loss
of $299,648 or $.02 per share for the nine months ended February 28, 1999.

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED FEBRUARY 29, 2000 AS COMPARED
TO THE THREE MONTHS ENDED FEBRUARY 28, 1999:

Revenue was $507,012 for the three months ended February 29, 2000 as compared to
$510,439 for the three months ended February 28, 1999 reflecting a decrease of
$3,427 or less than 1%. Cost of goods sold and related expenses for the three
months ended February 29, 2000 were $427,696 or 84.4% of net sales


<PAGE>   12


as compared to $289,382 or 56.7% of net sales for the three months ended
February 28, 1999. Gross profit was dramatically reduced based upon the ratio of
new products sold to refurbished products sold and also increased labor costs.
The sale of refurbished or used items carries a much higher gross profit than
the sale of new items.

Selling, general and administrative expenses were $137,663 for the three months
ended February 29, 2000 as compared to $602,699 for the three months ended
February 28, 1999 reflecting a decrease of $465,036 or 77% over the same period
last year. In the prior year, the Company had incurred an increase in the
general and administrative expenditures in order to create the infrastructure
necessary to meet the Company's marketing and production goals. In addition, the
expenses were also significantly higher in the prior period relating to
increased expenditures for professional fees and consultants attributible to
fees incurred with the unsuccessful mergers and acquisitions and raising funds.

As a result of the above, the Company incurred a net loss of $57,196 or less
than $.01 per share for the three months ended February 29, 2000 as compared to
a net loss of $390,082 or $.03 per share for the three months ended February 28,
1999.

LIQUIDITY AND CAPITAL RESOURCES

The Company has historically financed its operations through revenues from
operations, private and public placements of equity securities and debt
financing.

As of February 29, 2000, The Company had cash balances of $228,331 and working
capital of $469,227. The Company's cash balances increased cash by $106,170
during the nine months ended February 29, 2000. The Company's operations
generated cash of $101,224 primarily from operations adding back non-cash items
for the issuance of common stock for services of $135,300 and bad debts of
$72,130, as well as an increase in customer deposits of $98,150 which was offset
by an increase in inventories of $75,392.

Other significant business activities affecting cash included the purchase of
equipment and improvements $43,080 and an increase in notes receivable non-
affiliated party of $53,863, an increase of officer loan payable of $55,046 and
$50,308 of proceeds received from private placements.

The Company believes that its available cash, cash from operations and funds
from existing credit arrangements will be sufficient to satisfy its funding
needs for at least the next 12 months. Thereafter, if cash generated from
operations is insufficient to satisfy the Company's working capital and capital
expenditure requirements, the Company may be required to sell additional equity
or debt securities or obtain additional credit facilities. There can be no
assurance that such additional capital, if needed, will be available on
satisfactory terms, if at all. Furthermore, any additional equity financing may
be dilutive to stockholders, and debt financing, if available, may include
restrictive covenants. The Company's future liquidity and capital funding
requirements will depend on numerous factors, including the extent to which the
Company's new products and products under consideration are successfully
developed, gain market acceptance and become and remain competitive, the timing
and results of regulatory actions in the banking industry, the costs and timing
of further expansion of sales, marketing and manufacturing activities,
facilities expansion needs. The failure by the Company to raise capital on
acceptable terms when needed could have a material adverse effect on the
Company's business, financial condition and results of operations.




<PAGE>   13


PART II
                                OTHER INFORMATION

Item 1. Legal Proceedings.

     None

Item 2. Changes in Securities

     None

Item 3. Defaults upon Senior Securities

     None.

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

     None.


<PAGE>   14


                                   SIGNATURES



        In accordance with the requirements of the Securities Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.




                                    Maritime Transport & Technology, Inc.
                                    (Registrant)

                                    By: /s/ Paul Clark
                                        -------------------
                                            Paul Clark
                                            PRESIDENT


 Dated: January 25, 2001





     This schedule contains summary financial information extracted from
financial statements for the three-month period ended February 29, 2000 and is
qualified in its entirety by reference to such financial statements.