UNITED STATES
            SECURITIES AND EXCHANGE COMMISSION
                 WASHINGTON, D. C. 20549
                      AMENDMENT NO. 1 TO

                         FORM 10QSB

(X)      Quarterly report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the quarterly period ended
September 30, 2000

( )      Transition report pursuant of Section 13 or 15(d) of the
Securities Exchange Act of 1939 for the transition period ____ to______


                COMMISSION FILE NUMBER 000-1109664
                                       ------------

                       RUSSIAN IMPORTS.COM
             -----------------------------------------
       (Exact name of registrant as specified in its charter)


      Nevada                                91-2021602
(State or other jurisdiction of        (IRS Employer ID No.)
incorporation or organization)

827 State Street, Suite 26,
Santa Barbara, CA 93101                 Telephone: 805 899 1299
-----------------------------------------------------------------
        (Address of Principal Executive Offices including
          Registrant's zip code and telephone number)

NONE
--------------------------------------------------------------
Former name, former address and former fiscal year, if changed.

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities 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 X         No
                                      ---          ---

The number of shares of the registrant's common stock as of
September 30, 2000:    1,957,100 shares.

Transitional Small Business Disclosure Format
(check one):   Yes   No X
                ---  ---

TABLE OF CONTENTS                                            PAGE
-----------------                                            ----


PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements

(a)      Balance Sheet                                          3
(b)      Statement of Operations                                4
(c)      Statement of Changes in Financial Position             5
(d)      Statement of Shareholders' Equity                      6
(e)      Notes to Financial Statements                          7

Item 2.  Management's Discussion and Analysis
         of Financial Condition and Results of Operations       8

Item 3.  Risks

PART II. OTHER INFORMATION                                      9

Item 1.  Legal Proceedings

Item 2.  Changes in Securities and Use of Proceeds

Item 3.  Defaults On Senior Securities

Item 4.  Submission of Items to a Vote

Item 5.  Other Information

Item 6
(a)      Exhibits
(b)      Reports on Form 8K

SIGNATURES                                                10

FINANCIAL DATA SCHEDULE                                   11

                              2


[CAPTION]

                    RUSSIAN-IMPORTS.COM
                (A DEVELOPMENT STAGE COMPANY)
                      BALANCE SHEETS

                                                  September 30,
                                                    2000
                                                    -------------

Assets: ............................................      $  --
                                                          =======
Liabilities - Accounts Payable .....................      $  --
                                                          -------
Stockholders' Equity:
  Common Stock, Par value $.001

    Authorized 100,000,000 shares,
    Issued 1,950,000 shares at June 30, 2000               1,957
  Paid-In Capital ..................................          --
  Retained Deficit .................................      (1,950)
                                                          -------
     Total Stockholders' Equity ....................         --
                                                          -------
     Total Liabilities and

       Stockholders' Equity ........................    $    --
                                                          =======

   The accompanying notes are an integral part of these financial
statements.

                          F-2 <PAGE>








[CAPTION]
<TABLE>
                                RUSSIAN-IMPORTS.COM
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS
<S>                                                     <C>
    <C>

    Cumulative

    Since

    Inception
                                                 For the period
ended    of
                                                 September 30, 2000
    Development
                                                  -----------------
    Stage

    ----------
Revenues: ..................................      $         --
   $    --
Expenses:
Professional fees                                 $      1,000
   $   1,000
General and Administrative Expenses: ....                  957
         957
Total                                                    1,957
       1,957
                                                         -----
    ----------
     Net Loss ..............................       $    (1,957)
   $  (1,957)
                                                         -----
    ----------
Loss per share .............................       $       --
   $      --
                                                         =====
    ==========

        The accompanying notes are an integral part of these
financial statements.

</TABLE>




                                       F-3 <PAGE>


[CAPTION]
<TABLE>
                                   RUSSIAN-IMPORTS.COM
                               (A DEVELOPMENT STAGE COMPANY)
                              STATEMENT OF STOCKHOLDERS' EQUITY
                           FOR THE PERIOD ENDED SEPTEMBER 30, 2000

<S>                              <C>            <C>          <C>
   <C>       <C>
                            Common Stock                  Additional

                            Number of Shares   Amount     Paid in
 Retained
                                                          Capital
(Deficit)   Total
                            -----------------  --------   ---------
 ---------  -----
Common Stocks issued            1,957,000      $1,957    $  --
 $  1,950   $ --

Net loss for
Balance 9/30/2000               1,957,000      $1,957    $  --
 $ (1,950)  $ --
                            -----------------  --------   ---------
 ---------  -----

              The accompanying notes are an integral part of these
financial statements.

                                      F-4 <PAGE>

</TABLE>












<TABLE>                            RUSSIAN-IMPORTS.COM
                                (A DEVELOPMENT STAGE COMPANY)
                                  STATEMENTS OF CASH FLOWS
<S>                                                      <C>
           <C>

         Cumulative

         Since

         Inception
                                                    For the period
ended      of
                                                    September 30,
2000        Development

--------------------      Stage

         ------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
Operating Activities
Net Loss ............................................   $(1,957)
      $  (1,957)
                                                         -------
        ------------
  Net Cash Used provided by operating activities . ...   (1,957)
         (1,957)
                                                         -------
        ------------CASH FLOWS FROM FINANCING
ACTIVITIES:
Common stocks issued                                      1,957
          1,957
                                                         -------
        ------------
Net Cash Provided by
  Financing Activities ..............................     1,957
          1,957
                                                         -------
        ------------
Cash and Cash Equivalents
  at Beginning of Period ............................       --
             --
                                                         -------
        ------------
Cash and Cash Equivalents
  at End of Period ..................................   $   --
        $    --
                                                         =======
        ============
         The accompanying notes are an integral part of these
financial statements.
                                    F-6 <PAGE>
</TABLE>
[CAPTION]
                        RUSSIAN-IMPORTS.COM
               (A DEVELOPMENT STAGE SEPTEMBER 30, 2000)
                   NOTES TO FINANCIAL STATEMENTS
                 FOR THE PERIOD ENDED JUNE 30, 2000

NOTE 1. DESCRIPTION OF THE BUSINESS
Russian-Imports was incorporated under the laws of the state of
California on February 1, 2000. The purpose for which the
Corporation is organized is to engage in any lawful act or activity
for which a corporation may be organized under the General
Corporation Law of the State of California including, without
limitation, to provide sales of imported Russian lacquer boxes,
crystal and matroshka dolls on the Internet.

Russian-Imports has been in the development stage since its
formation on February 1, 2000. Planned principal operations have
only recently commenced since then, but Russian-Imports has not
generated any significant revenue.

NOTE 2. SIGNIFICANT ACCOUNTING POLICIES

A. Russian-Imports uses the accrual method of accounting.

B. Revenues and are recognized and recorded when ordered goods are
paid for by credit card. Expenses are realized and recorded when
invoiced.

C. Russian-Imports considers all short term, highly liquid
investments that are readily convertible, within three months, to
known amounts as cash equivalents. Russian-Imports currently has no
cash equivalents.

D. Primary Earnings Per Share amounts are based on the weighted
average number  of shares outstanding at the dates of the financial
statements. Fully Diluted Earnings Per Shares shall be shown on
stock options and other convertible issues that may be exercised
within ten years of the financial statement dates.
E. Estimates: The preparation of the financial statements in
conformity with   generally accepted accounting principles requires
management to make estimates and assumptions that affect the amounts
reported in the financial statements and accompanying notes. Actual
results could differ from those estimates.

NOTE 3. INCOME TAXES
Russian-Imports has adopted the provisions of SFAS No. 109
"Accounting for Income  Taxes". SFAS 109 requires recognition of
deferred tax liabilities and assets  for the expected future tax
consequences of events that have been included in  the financial
statements or tax returns. Under this method, deferred tax
liabilities and assets are determined based on the differences
between the financial statement and tax basis of assets and
liabilities using enacted tax rates in effect for the year in which
the differences are expected to reverse.  Russian-Imports has
incurred losses that can be carried forward to offset future
earnings if conditions of the Internal Revenue Codes are met.

Russian-Imports shares office space and telephone services of the
President of Russian-Imports at no charge.

NOTE 5. FISCAL YEAR END. Russian-Imports's fiscal year end is
December 31st.

NOTE 6. RELATED PARTY TRANSACTIONS. Russian-Imports issued
unregistered common stock to its President, in exchange for services
as President, Secretary and Treasurer, and to non management
consultants and employees in exchange for their services. The
issuance of shares were recorded at their fair market value of par
value. This is deemed appropriate, rather than recording the
issuance of shares at the offering price, since Russian-Imports's
shares have no current book value.

                            7


PART I. FINANCIAL INFORMATION

Item 2. Management's Discussion and Analysis of Financial
      Condition and Results of Operations

THIS ANALYSIS CONTAINS FORWARD-LOOKING COMMENTS WHICH ARE BASED ON
CURRENT INFORMATION. ACTUAL RESULTS IN THE FUTURE MAY DIFFER
MATERIALLY.

The Company is engaged in the business of providing sales of
computer related software and related services. The Company has not
yet commenced operations, but is in the process of developing its
web site at www.russian-imports.com and www.russianimports.net.

                             8



PART II. OTHER INFORMATION

Item 1.  Legal proceedings                             NONE

Item 2.  Changes in securities and use of proceeds     NONE

Item 3.  Defaults on senior securities                 NONE

Item 4.  Submission of items to a vote                 NONE

Item 5.  Other information                             NONE

Item 6.
 a)      Exhibits                                      NONE
 b)      Reports on 8K                                 NONE

                              9


                          SIGNATURES

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

                                         RUSSIAN-IMPORTS.COM


   Dated: November 17, 2000            By:  Agata Gotova
                                        -------------------------
                                        Agata Gotova, President





   Dated: November 17, 2000            By:  Agata Gotova
                                        -------------------------
                                        Agata Gotova, Chief
                                      Financial Officer

                              10














[CAPTION]
[TYPE]EX-27
<SEQUENCE>2
[DESCRIPTION]FINANCIAL DATA SCHEDULE
[ARTICLE] 5
[MULTIPLIER] 1

[PERIOD-TYPE]                              6-MOS
[FISCAL-YEAR-END]                          DEC-31-1999
[PERIOD-START]                             JAN-01-2000
[PERIOD-END]                               SEP-30-2000
[CASH]                                               0
[SECURITIES]                                         0
[RECEIVABLES]                                        0
[ALLOWANCES]                                         0
[INVENTORY]                                          0
[CURRENT-ASSETS]                                     0
[PP&E]                                               0
[DEPRECIATION]                                       0
[TOTAL-ASSETS]                                       0
[CURRENT-LIABILITIES]                                0
[BONDS]                                              0
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                          1957
[OTHER-SE]                                          (0)
[TOTAL-LIABILITY-AND-EQUITY]                         0
[SALES]                                              0
[TOTAL-REVENUES]                                     0
[CGS]                                                0
[TOTAL-COSTS]                                        0
[OTHER-EXPENSES]                                     0
[LOSS-PROVISION]                                 (1957)
[INTEREST-EXPENSE]                                   0
[INCOME-PRETAX]                                  (1957)
[INCOME-TAX]                                         0
[INCOME-CONTINUING]                              (1957)
[DISCONTINUED]                                       0
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     (1957)
[EPS-BASIC]                                       (.00)
[EPS-DILUTED]                                     (.00)