UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

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

                   For the quarter ended  September 30, 2004_
                                          ------------------

                                       or

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

                   For the transition period from ____ to ____

                        Commission file number 333-34144

                               VERTICALBUYER, INC.
                               -------------------
        (Exact name of small business issuer as specified in its charter)

                         Delaware                   98-0216911
                         --------                   ----------
              (State or other jurisdiction of     (I.R.S. Employer
             incorporation or organization)     Identification No.)
             ------------------------------     -------------------

                              1175 Walt Whitman Rd.         11747
                                    Suite 100
                               Melville, New York
                               ------------------
             (Address of principal executive offices)     (Zip Code)

                                 (631) 424-9009
                                 --------------
                (Issuer's telephone number, including area code)

     Check  whether the issuer (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, and (2) has been subject to such filing requirements for the past 90
days.  Yes  |X|  No  |   |

     As  of  October  1,  2004, there were 17,391,667 shares of the registrant's
common  stock,  par  value  $0.001  issued  and  outstanding.


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<TABLE>
<CAPTION>

                                        VERTICALBUYER, INC.
                                         SEPTEMBER 30, 2004
                                  QUARTERLY REPORT ON FORM 10-QSB

                                          TABLE OF CONTENTS

                                                                                                  Page
                                                                                                 Number
                                                                                                 ------
<S>                                                                                              <C>

Special Note Regarding Forward-Looking Statements                                                     3

                                   PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements                                                                        4

Item 2.   Management's Discussion and Analysis of Financial Condition and Results of Operations      11

Item 3.   Control and Procedures                                                                     11

                                    PART II - OTHER INFORMATION

Item 1.   Legal Proceedings                                                                          12

Item 2.   Changes in Securities and Use of Proceeds                                                  12

Item 3.   Defaults Upon Senior Securities                                                            12

Item 4.   Submission of Matters to a Vote of Security Holders                                        12

Item 5.   Other Information                                                                          12

Item 6.   Exhibits and Reports on Form 8-K                                                           12
</TABLE>

     References  in  this  report  to  "we", "us", "our" and similar terms means
VerticalBuyer,  Inc., a Delaware corporation, and its wholly owned subsidiaries.


                                        2
<PAGE>

SPECIAL  NOTE  REGARDING  FORWARD-LOOKING  STATEMENTS

     To  the  extent  that the information presented in this Quarterly Report on
Form  10-QSB  for  the  quarter  ended  September  30,  2004 discusses financial
projections,  information  or  expectations  about  our  products or markets, or
otherwise  makes  statements  about  future  events,  such  statements  are
forward-looking.  We  are making these forward-looking statements in reliance on
the  safe  harbor  provisions of the Private Securities Litigation Reform Act of
1995.  Although  we  believe  that  the  expectations  reflected  in  these
forward-looking  statements  are  based  on  reasonable assumptions, there are a
number  of  risks  and  uncertainties  that could cause actual results to differ
materially  from  such forward-looking statements. These risks and uncertainties
are  described,  among  other  places in this Quarterly Report, in "Management's
Discussion  and  Analysis  of  Financial  Condition  and Results of Operations".

     In  addition,  we  disclaim  any  obligations to update any forward-looking
statements  to  reflect events or circumstances after the date of this Quarterly
Report.  When  considering  such  forward-looking statements, you should keep in
mind  the  risks  referenced  above  and the other cautionary statements in this
Quarterly  Report.


                                        3
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<CAPTION>

                               PART I - FINANCIAL INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS

                                                                                          Page
                                                                                         Number
                                                                                         ------
<S>                                                                                      <C>

Consolidated Balance Sheets as of September 30, 2004 (unaudited) and December 31, 2003        5

Consolidated Statements of Operations for the three months and nine months ended              6
  September 30, 2004 and September 30, 2003 (unaudited)

Consolidated Statements of Cash Flows for the Nine Months Ended September                     7
  30, 2004 and September 30, 2003 (unaudited)

Notes to Consolidated Financial Statements                                                    8
</TABLE>


                                        4
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<TABLE>
<CAPTION>

                              VERTICALBUYER, INC.
                              -------------------

                           CONSOLIDATED BALANCE SHEET
                           --------------------------

                                SEPTEMBER 30, 2004
                               -------------------
                                   (Unaudited)
                                   -----------


                                     ASSETS
                                     ------
<S>                                                      <C>


                      LIABILITIES AND STOCKHOLDERS' DEFICIT
                      -------------------------------------
Current liabilities:
  Accounts payable and accrued expenses                  $    73,420
                                                         ------------
    Total current liabilities                                 73,420
                                                         ------------

Stockholders' deficit:
  Common stock, $.001 par value; 50,000,000 authorized,
    17,391,667 issued and outstanding                         17,392
  Additional paid-in capital                               2,008,670
  Accumulated deficit                                     (2,099,482)
                                                         ------------

    Total stockholders' deficit                              (73,420)
                                                         ------------

                                                         $         -
                                                         ============
</TABLE>

                        See notes to financial statements


                                        5
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<TABLE>
<CAPTION>

                                   VERTICALBUYER, INC.
                                   --------------------

                           CONSOLIDATED STATEMENTS OF OPERATIONS
                           -------------------------------------
                                        (Unaudited)
                                        -----------


                                          Three Months Ended          Nine Months Ended
                                             September 30,              September 30,
                                       -------------------------  -------------------------
                                           2004         2003          2004         2004
                                       ------------  -----------  ------------  -----------
<S>                                    <C>           <C>          <C>           <C>
Revenues                               $         -   $         -  $         -   $         -

Cost of Sales                                    -             -            -             -
                                       ------------  -----------  ------------  -----------

  GROSS PROFIT                                   -             -            -             -
                                       ------------  -----------  ------------  -----------

Expenses:
  Selling, general and administrative          770             -          770             -
  Interest income, net                           -             -            -             -
                                       ------------  -----------  ------------  -----------

  Total operating expenses                     770             -          770             -
                                       ------------  -----------  ------------  -----------

Loss from continuing operations               (770)            -         (770)            -
Income from discontinued operations         40,695             -       40,695             -
                                       ------------  -----------  ------------  -----------

  NET LOSS                             $    39,925   $         -  $    39,925   $         -
                                       ============  ===========  ============  ===========


NET LOSS PER WEIGHTED AVERAGE
  SHARES OUTSTANDING -
  Basic and diluted
    Continued operations               $         -   $         -  $         -   $         -
                                       ============  ===========  ============  ===========
    Discontinued operations            $         -   $         -  $         -   $         -
                                       ============  ===========  ============  ===========

WEIGHTED AVERAGE COMMON SHARES
  OUTSTANDING                          $17,033,334    17,033,334   17,033,334    17,033,334
                                       ============  ===========  ============  ===========
</TABLE>

                             See notes to financial statements


                                        6
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<TABLE>
<CAPTION>

                              VERTICALBUYER, INC.
                              --------------------

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                      -------------------------------------
                                   (Unaudited)
                                   -----------

                                                         Nine Months Ended
                                                           September 30,
                                                         -----------------
                                                           2004      2003
                                                         ---------  ------
<S>                                                      <C>        <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                               $   (770)  $   -
  Adjustments to reconcile net (loss) to net cash flows
  (used) in operating activities:
    Income from discontinued operations                    40,695       -
    Changes in assets and liabilities:
      Accounts payable and accrued liabilities            (39,925)
                                                         ---------  ------

NET CASH USED BY OPERATING ACTIVITIES                           -       -
                                                         ---------  ------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS            -       -

CASH AND CASH EQUIVALENTS, beginning of period                  -       -
                                                         ---------  ------

CASH AND CASH EQUIVALENTS, end of period                 $      -   $   -
                                                         =========  ======
</TABLE>

                        See notes to financial statements


                                        7
<PAGE>

                               VERTICALBUYER, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                           SEPTEMBER 30, 2004 and 2003
                                   (unaudited)


Note  1  -  Basis  of  presentation
-----------------------------------

The  accompanying  unaudited consolidated financial statements and related notes
have  been prepared using accounting principles generally accepted in the United
States of America for interim financial statements and pursuant to the rules and
regulations  of  the  Securities  and  Exchange  Commission  for  Form  10-QSB.
Accordingly,  they  do not include all of the information and footnotes required
by  accounting principles generally accepted in the United States of America for
complete  financial  statements.  In  the opinion of management, all adjustments
(consisting  of  normal  recurring  accruals)  considered  necessary  for a fair
presentation  have  been  included.  For  further information read the financial
statements and footnotes thereto included in the Company's Annual Report on Form
10-KSB  for  the fiscal year ended December 31, 2003.  The results of operations
for  the  nine-months ended September 30, 2004 are not necessarily indicative of
the  operating  results that may be expected for the fiscal year ending December
31,  2004.

Note  2  -  Summary  of  significant  accounting  policies
----------------------------------------------------------

Vertical  Buyer,  ("the  Company")  a  Delaware corporation, was incorporated on
September  24,  1999 and on March 1, 2000 issued 14,250,000 shares of its common
stock  to  the  shareholders  of  Lightseek  Limited  in exchange for all of the
outstanding  common  stock of Lightseek Limited. On February 15, 2001, Lightseek
Limited  acquired  all  of  the  outstanding common stock of Litech Limited. The
acquisition  of  Litech  has  been accounted for under the purchase method, and,
accordingly,  Litech's  operations  have  been  included  in  the  Company's
consolidated  financial  statements  from  its date of acquisition. Lightseek is
principally  engaged  in  the  development of Internet sites designed to exploit
Business-to-Business  e-commerce  opportunities  within  the  global  commercial
electrical  and  lighting  markets.  Litech  is  a  specialist  designer  and
manufacturer  of  fiber  optic  lighting  applications  for  the  entertainment,
commercial  and  retail markets.  In September 2001 the Company discontinued the
operations  of  both  Lightseek  Limited  and  Litech  Limited.

Use  of  estimates
------------------

The  preparation  of  financial statements in accordance with generally accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of  assets  and  liabilities  at the date of the
financial  statements  and  the reported amounts of revenues and expenses during
the  reporting  period.  Actual  results  could  differ  from  those  estimates.

Cash  and  cash  equivalents
----------------------------

The Company considers all highly liquid short-term investments, with a remaining
maturity  of  three  months  or  less  when  purchased,  to be cash equivalents.

Principles  of  Consolidation
-----------------------------

The  consolidated  financial  statements  of  the  Company  include those of the
Company  and  of  each  of  its  subsidiaries  for  the  periods  in  which  the


                                        8
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subsidiaries  were  owned/held  by  the  Company.  All  significant intercompany
accounts  and  transactions  have  been  eliminated  in  the  preparation of the
consolidated  financial  statements.

Stock  Options
--------------

Statement  of Financial Accounting Standards No. 148 "Accounting for Stock-Based
Compensation-Transition and Disclosure, an Amendment of FASB Statement No. 123,"
amends  the  disclosure  requirements  of  Statement  of  Financial  Accounting
Standards  No.  123,  "Accounting for Stock-Based Compensation" ("SFAS 123"), to
require  more  prominent  disclosures  in  both  annual  and  interim  financial
statements  regarding  the  method  of  accounting  for  stock-based  employee
compensation  and  the  effect  of  the  method  used  on  reported  results.

The  Company  accounts  for  stock-based compensation to employees and directors
using  the  intrinsic  value method of accounting as prescribed under Accounting
Principles  Board  Opinion  (APB)  No.  25,  "Accounting  for  Stock  Issued  to
Employees"  and  related  Interpretations.  Under  the  intrinsic  value method,
because  the  exercise  price of the Company's employee stock options equals the
market  price  of the underlying stock on the date of the grant, no compensation
expense  is  recognized  in  the Company's Consolidated Statements of Operations

Loss  per  share
----------------

Loss  per  share  has been determined based on the Company's net loss divided by
the  weighted  average number of common shares outstanding. Warrants and options
to  purchase  4,470,000 shares of common stock were outstanding at September 30,
2004, but were not included in the computation of diluted loss per share because
the  effect  of  their  inclusion  would  be  antidilutive.

Foreign  currency
-----------------

The  assets  and liabilities of the foreign subsidiary are translated at current
exchange rates and their related revenues and expenses at average exchange rates
in effect during the period.  Resulting translation adjustments, are recorded as
a separate component of stockholders' deficit while foreign currency transaction
gains  and  losses  are  included  in  operations.

Income  taxes
-------------

Deferred  income  taxes  are provided on a liability method whereby deferred tax
assets  are  established  for the difference between the financial reporting and
income  tax  basis  of  assets.  Deferred  tax assets are reduced by a valuation
allowance  when,  in  the opinion of management, it is more likely than not that
some  portion  or  all of the deferred tax assets will be realized. Deferred tax
assets  and  liabilities are adjusted for the effects of changes in tax laws and
rates  on  the  date  of  enactment.

Recent Accounting Pronouncements:
---------------------------------

Management  does  not  believe  that  any recently issued, but not yet effective
accounting  pronouncements  if currently adopted would have a material effect on
the  accompanying  consolidated  financial  statements.


                                        9
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Note  3  -  Going  Concern
--------------------------

The  Company  has  incurred  an  accumulated  deficit  at  September 30, 2004 of
approximately  $2,180,000  and  had  negative  capital  at September 30, 2004 of
approximately  $73,000.  The Company's ability to continue as a going concern is
dependent  upon  the  Company  obtaining  adequate  capital  to  fund  losses.


                                       10
<PAGE>

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

Overview

     VerticalBuyer, Inc.(the "Company") a Delaware corporation, was incorporated
on  September  24,  1999  and  on  March 1, 2000 issued 14,250,000 shares of its
common stock to the shareholders of Lightseek Limited in exchange for all of the
outstanding  common  stock of Lightseek Limited. On February 15, 2001, Lightseek
Limited  acquired  all  of  the  outstanding  common  stock  of  Litech Limited.
Lightseek  was principally engaged in the development of Internet sites designed
to  exploit  Business-to-Business  e-commerce  opportunities  within  the global
commercial electrical and lighting markets. Litech was a specialist designer and
manufacturer  of  fiber  optic  lighting  applications  for  the  entertainment,
commercial  and retail markets.  In September 2001, the Company discontinued the
operations  of  both  Lightseek  Limited  and  Litech  Limited.

     Management  believes  that  we  will require additional funding for working
capital  in  order  to  sustain our operations while we seek opportunities. Such
financing  is  expected  to  be  through  the  sale  of common stock and or debt
issuances. However, we do not have any commitment from any sources to raise this
capital.  If management is unable to generate external financing, we will not be
able  to  proceed  with  a  business  plan and it is unlikely we will be able to
continue  as  a  going concern. Should this be the case, we will attempt to sell
the  Company  (or its assets) and liquidate. As of September 30, 2004, we had no
cash,  no  assets  and  no  operations.

     On  March  12,  2004 controlling shareholders Leslie Kent and Timothy Rosen
sold  their  combined  shares  of common stock totaling 13,950,000 shares, which
represents  approximately  eighty  percent  (80%)  of  the Company's outstanding
shares,  to Maximum Ventures, Inc. for $150,000.  All post-closing conditions of
this  sale  have  been finalized.  Maximum Ventures, Inc.  also assumed  certain
liabilities  of  the  Company.  Maximum  Ventures,  Inc. is located at 1175 Walt
Whitman  Road,  Suite  100, Melville,  New  York  11747.  In August 2004, Joseph
Donahue resigned as a director from the board of directors.  On August 16, 2004,
the  board  of  directors appointed Chris Kern as a director of the company.  On
October  22,  2004,  the  board of directors accepted the resignation of Messrs.
Kent  and Rosen from their respective positions as directors and officers of the
Company.  Mr.  Kern  appointed  Abraham  Mirman,  President of Maximum Ventures,
Inc.,  as a director and Chief Executive Officer of the Company.  Following this
appointment,  Mr. Kern resigned from the board of directors and was subsequently
appointed  the  Company's  Interim Chief Financial Officer on November 17, 2004.

ITEM  3.   CONTROLS  AND  PROCEDURES

     Our  principal  executive officer and principal financial officer evaluated
the  effectiveness  of  the  Company's  disclosure  controls  and procedures (as
defined  in  Rules  13a-15(e) and 15d-15(e) under the Securities Exchange Act of
1934,  as  amended) as of the end of the period covered by this report. Based on
this  evaluation,  the  Company's  principal  executive  officer  and  principal
financial  officer  has concluded that the Company's controls and procedures are
effective  in providing reasonable assurance that the information required to be
disclosed  in  this report has been recorded, processed, summarized and reported
as  of  the  end  of  the  period  covered  by  this  report.

     During  the  period  covered  by  this  report,  there  have  not  been any
significant  changes  in  our  internal  controls  or, to my knowledge, in other
factors  that  could  significantly  affect  our  internal  controls.


                                       11
<PAGE>

                           PART II - OTHER INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS

     None.

ITEM  2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

     None.

ITEM  3.  DEFAULTS  IN  SENIOR  SECURITIES

     None.

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

     None.

ITEM  5.  OTHER  INFORMATION

     On  March  12,  2004 controlling shareholders Leslie Kent and Timothy Rosen
sold  their  combined  shares  of common stock totaling 13,950,000 shares, which
represents  approximately  eighty  percent  (80%)  of  the Company's outstanding
shares,  to Maximum Ventures, Inc. for $150,000.  All post-closing conditions of
this  sale  have  been finalized.  Maximum Ventures, Inc.  also assumed  certain
liabilities  of  the  Company.  Maximum  Ventures,  Inc. is located at 1175 Walt
Whitman  Road,  Suite 100,  Melville,  New  York  11747.  In August 2004, Joseph
Donahue resigned as a director from the board of directors.  On August 16, 2004,
the  board  of  directors appointed Chris Kern as a director of the company.  On
October  22,  2004,  the  board of directors accepted the resignation of Messrs.
Kent  and Rosen from their respective positions as directors and officers of the
Company.  Mr.  Kern  appointed  Abraham  Mirman,  President of Maximum Ventures,
Inc.,  as a director and Chief Executive Officer of the Company.  Following this
appointment,  Mr. Kern resigned from the board of directors and was subsequently
appointed  the  Company's  Interim Chief Financial Officer on November 17, 2004.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)      Exhibits:

Exhibit
No.      Description  of  Exhibit
-------  ------------------------
31.1     Rule  13(a)-14(a)/15(d)-14(a)  Certification of Chief Executive Officer

31.2     Rule  13(a)-14(a)/15(d)-14(a)  Certification of Chief Financial Officer

32.1     Section  1350  Certification  of  Chief  Executive  Officer

32.2     Section  1350  Certification  of  Chief  Financial  Officer

(b)      Reports  on  Form  8-K:

     No  reports  on  Form  8-K were filed during the period represented by this
Quarterly  Report  on  Form  10-QSB.


                                       12
<PAGE>

                                   SIGNATURES

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


                                                  VERTICALBUYER,  INC.


Dated:  November  22,  2004
                                                  By:  /s/ Abraham Mirman
                                                       ------------------------
                                                       Abraham Mirman
                                                       Chief Executive Officer


Dated:  November  22,  2004

                                                  By:  /s/ Chris  Kern
                                                       ------------------------
                                                       Chris  Kern
                                                       Chief  Financial  Officer


                                       13
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