UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB

(X)   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES EXCHANGE
      ACT OF 1934

For the quarterly period ended              May 31, 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                  0000093314
                       --------------------------------------------------


                          STANDARD CAPITAL CORPORATION
                -------------------------------------------------
               (Exact name of registrant as specified in charter)


           Delaware                                          91-1949078
------------------------------------------                ---------------
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                            Identification No.)

800 - 15355 24th Avenue, Suite 287
White Rock, British Columbia, Canada                           V4A 2H9
------------------------------------                      ---------------
(Address of principal executive offices)                     (Zip Code)

                               1 - 604 - 538-4898
               --------------------------------------------------
               Registrant's telephone number, including area code

-----------------------------------------------------------------------------
      (Former name, address, and 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  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such  reports),  Yes [X] No [ ] and ( ) has been
subject to filing requirements for the past 90 days. Yes [X] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the last practicable date.

          Class                                  Outstanding as of May 31, 2000
 -----------------------------------             ------------------------------
Common Stock, $0.001 per share                            1,295,000


<PAGE>

ANDERSEN ANDERSEN & STRONG, L.C.                  941 East 3300 South, Suite202
--------------------------------                  Salt Lake City, Utah 84106
Certified Public Accountants and Business Consultants
                                                  Telephone 801-486-0096
                                                  Fax 801-486-0098

REPORT ON REVIEW BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


The Board of Directors
Standard Capital Corporation

We have reviewed the condensed  balance  sheet of Standard  Capital  Corporation
(exploration stage company) as of May 31, 2000, February 29, 2000 and August 31,
1999 and the  related  condensed  statements  of  operations  and the  condensed
statement  of cash flows for the three and nine  months  ended May 31,  2000 and
1999 and the period  September  24, 1998 (date of  inception)  to May 31,  2000.
These financial statements are the responsibility of the company's management.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A review  of  interim  financial
information consists principally of applying analytical  procedures to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with  generally  accepted  auditing  standards,  the  objective  of which is the
expression of an opinion  regarding the financial  statements  taken as a whole.
Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements for them to be in conformity
with generally accepted accounting principles.

                                                    Andersen Andersen and Strong

Salt Lake City, Utah
July 20, 2000


                                       2
<PAGE>

                                      INDEX

<TABLE>
<CAPTION>
                                                                                                      Page
PART 1.                                                                                               Number
                                                                                                      ------

<S>                                                                                                    <C>
         ITEM 1.           Financial Statements (unaudited).................................               3

                           Balance Sheet as at May 31, 2000 and August 31, 1999.............               4

                           Statement of Operations
                              For the three months ended May 31, 2000, for the
                                  three  months  ended May 31,  1999,  for the
                                  nine months ended May 31, 2000, for the nine
                                  months ended May 31, 1999 and for the period
                                  from    September    24,   1998   (Date   of
                                  Incorporation) to May 31, 2000...........................                5

                           Statement of Changes in Shareholders' Equity
                              For the period from September 24, 1998 (Date of
                                  Incorporation) to May 31, 2000...........................                6

                           Statement of Cash Flows
                               For the nine months ended May 31, 2000,
                               for the nine months ended May 31, 1999
                               and for the period from September 24, 1998 (Date of
                               Incorporation) to May 31, 2000..............................                7

                           Notes to the Financial Statements................................               8

         ITEM 2.           Plan of Operations...............................................              11


PART 11                    Signatures.......................................................              12

</TABLE>



                                       3
<PAGE>


                         PART 1 - FINANCIAL INFORMATION
--------------------------------------------------------------------------------

                          ITEM 1. FINANCIAL STATEMENTS

--------------------------------------------------------------------------------

The accompanying  balance sheet of Standard Capital  Corporation (an exploration
stage company) at May 31, 2000 (with comparative  figures as at August 31, 1999)
and the statement of operations  and statement of cash flow for the three months
ended May 31, 2000, for the three months ended May 31, 1999, for the nine months
ended May 31,  2000,  for the nine months  ended May 31, 1999 and for the period
from  September  24,  1998  (date  of  incorporation)  to May 31,  2000  and the
statement of  stockholders'  equity for the period from September 24, 1998 (date
of incorporation) to May 31, 2000 have been prepared by the Company's management
and they do not include all  information  and notes to the financial  statements
necessary  for a complete  presentation  of the financial  position,  results of
operations,  cash flows, and  stockholders'  equity in conformity with generally
accepted accounting  principles.  In the opinion of management,  all adjustments
considered  necessary for a fair  presentation  of the results of operations and
financial  position have been included and all such  adjustments are of a normal
recurring nature.

Operating  results  for the  quarter  ended May 31,  2000,  are not  necessarily
indicative  of the results that can be expected  for the year ending  August 31,
2000.


                                       4
<PAGE>

                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                                  BALANCE SHEET

                                  May 31, 2000
                  (with comparative figures at August 31, 1999)

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>

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

   CURRENT ASSETS

        Bank                                                                                $       1,572          $   2,531
                                                                                                 --------             ------

                                                                                            $       1,572          $   2,531
                                                                                                 ========            =======

   LIABILITIES

         Accounts payable and accrued liabilities                                           $       1,975           $  2,002
         Due to a director                                                                          9,305              6,255
                                                                                                 --------            -------
                                                                                                   11,280              8,257
                                                                                                 --------            -------

   STOCKHOLDERS' EQUITY

        Common stock

              25,000,000 shares authorized, at $0.001 par
              value, 1,295,000 shares issued and outstanding                                        1,295              1,295

        Capital in excess of par value                                                              9,105              5,955

        Deficit accumulated during the exploration stage                                          (20,108)           (12,978)
                                                                                                 --------           --------

              Total Stockholders' Equity (deficiency)                                              (9,708)            (5,728)
                                                                                                 --------           --------
                                                                                            $       1,572          $   2,531
                                                                                                 ========           ========
</TABLE>



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


                                       5
<PAGE>


                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                             STATEMENT OF OPERATIONS

       For the three months ended May 31, 2000, for the three months ended
    May 31, 1999, For the nine months ended May 31, 2000, for the nine months
          ended May 31, 1999 and For the period from September 24, 1998
                       (Date of-Inception) to May 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>

                                              FOR THE        FOR THE           FOR THE         FOR THE
                                               THREE          THREE             NINE            NINE
                                              MONTHS          MONTHS           MONTHS           MONTHS         DATE OF
                                               ENDED          ENDED             ENDED            ENDED      INCEPTION TO
                                             MAY 31,         MAY 31,           MAY 31,          MAY 31,       MAY 31,
                                              2000            2000              2000            2000            2000
                                              ----            ----              ----            ----            ----

<S>                                           <C>           <C>               <C>            <C>             <C>
 SALES                                        $     --      $        --       $      --      $      --       $      --
                                               -------       ----------        --------       ---------       --------

GENERAL AND ADMINISTRATIVE  EXPENSES:

     Accounting and audit                        1,125            1,700           2,025           1,700          5,975
     Annual fee                                     --               --              --              --            125
     Bank charges and interest                      35               24              72              47            163
     Edgar filing fees                              --               --           1,122              --          1,122
     Franchise tax                                 100               --             100              50            150
     Geological report                              --            1,280             500           1,280          1,780
     Incorporation costs                            --               --              --             255            255
     Management fees                               600              600           1,800           1,800          4,200
     Office expenses                               187               46             135              46            543
     Rent                                          300              300             900             900          2,100
     Staking costs                                  --               --              --             367            367
     Telephone                                     150              150             450             450          1,050
     Transfer agent's fees                          --            1,200              28           1,200          2,278
                                               -------        ---------        --------       ---------       --------

NET LOSS                                     $ ( 2,497)     $    (5,300)      $  (7,132)    $    (8,095)   $   (20,108)
                                               =======        =========         =======       =========       ========
NET LOSS PER COMMON
SHARE
     Basic                                   $     --    $          --        $      --      $       --
                                               =======        =========         =======        ========

AVERAGE OUTSTANDING SHARES

     Basic                                   1,295,000          649,277       1,295,000         649,277
                                             =========        =========       =========        ========
</TABLE>

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



                                       6
<PAGE>

                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

          For the period from September 24, 1998 (Date of Inception) to
                                  May 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>

                                                                                          CAPITAL IN
                                                                   COMMON       Stock      EXCESS OF      ACCUMULATED
                                                                  SHARES        AMOUNT   PAR VALUE            DEFICIT
                                                                  ------        ------   ---------            -------

<S>                                                          <C>             <C>         <C>               <C>


BALANCE SEPTEMBER 24, 1998 (DATE OF INCEPTION)                        --     $    --    $   --              $     --

Issuance of common shares for cash at
     $0.001 -- January 11, 1999                                1,000,000       1,000        --                    --

Issuance of common shares for cash at
     $0.01 -- February 15, 1999                                  195,000         195      1,755                   --

Issuance of common shares for cash at
     $0.001 -- April 19, 1999                                    100,000         100         --                   --


Capital contribution -- expenses                                      --          --      7,350


Net operating loss for the period from Date of
      Inception to May 31, 2000                                       --          --         --               (20,108)
                                                               ---------      ------     ------              --------
BALANCE MAY 31, 2000                                           1,295,000     $ 1,295   $  9,105             $ (20,108)
                                                               =========      ======     ======              =========
</TABLE>



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

                                       7
<PAGE>

                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                             STATEMENT OF CASH FLOWS

                     For the nine months ended May 31, 2000,
                   for the nine months ended May 31, 1999 and
     For the period from Date of Inception (September 24, 1998) to May 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>

                                                  FOR THE NINE     FOR THE NINE        DATE OF
                                                     MONTHS           MONTHS          INCEPTION
                                                      ENDED            ENDED              TO
                                                     MAY 31,          MAY 31,          MAY 31,
                                                      2000             1999              2000
                                                      ----             ----              ----
<S>                                             <C>             <C>              <C>
CASH FLOWS FROM
     OPERATING ACTIVITIES:

     Net loss                                    $   (7,132)     $    (8,095)      $  (20,108)

     Adjustments to reconcile net loss to

          Increase in accounts payable                                 1,722            1,975
          Increase in due to a director               3,050            6,255            9,305
                                                    -------           ------            -----

               Net Cash from Operations              (4,109)            (118)          (8,828)
                                                    -------           ------          -------

CASH FLOWS FROM

FINANCING ACTIVITIES

          Capital contribution - expenses             3,150            3,150            7,350
          Proceeds from issuance of
          Common stock                                3,150            6,200           10,400
                                                      -----           ------          -------

     Net Increase in Cash                              (959)           6,082            1,572


     Cash at Beginning of Period                      2,531               --               --
                                                      -----           ------          -------

     CASH AT END OF PERIOD                        $   1,572      $     6,082       $    1,572
                                                     ======           ======          =======
</TABLE>


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


                                       8
<PAGE>

                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  May 31, 2000

                      (Unaudited - Prepared by Management)


1.       ORGANIZATION

         The Company was incorporated under the laws of the State of Delaware on
         September  25,  1998 with the  authorized  common  stock of  25,000,000
         shares at $0.001 par value.

         The Company was organized  for the purpose of acquiring and  developing
         mineral  properties.  At the report date mineral  claims,  with unknown
         reserves,  had been  acquired.  The  Company  has not  established  the
         existence of a  commercially  minable ore deposit and therefore has not
         reached  the  development   stage  and  is  considered  to  be  in  the
         exploration stage (see note 3).

         The Company has completed one Regulation D offering of 1,295,000 shares
         of its capital stock for cash.

2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         Accounting Methods

         The Company  recognizes income and expenses based on the accrual method
         of accounting.

         Dividend Policy

         The  Company  has  not  yet  adopted  a  policy  regarding  payment  of
         dividends.

         Income Taxes

         On May 31, 2000 the Company had a net  operating  loss carry forward of
         $20,108.  The tax  benefit  from the loss carry  forward has been fully
         offset by a valuation reserve because the use of the future tax benefit
         is doubtful since the Company has no operations. The loss carry forward
         will expire in 2021.

         Earnings (Loss) per Share

         Earnings  (Loss) per share  amounts are computed  based on the weighted
         average number of shares actually outstanding.

                                       9
<PAGE>

                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  May 31, 2000

                      (Unaudited - Prepared by Management)


2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

         Cash and Cash Equivalents

         The Company  considers all highly liquid  instruments  purchased with a
         maturity,  at the time of purchase,  of less than three  months,  to be
         cash equivalents.

         Capitalization of Mineral Claim Costs

         Cost  of  acquisition,  exploration,  carrying  and  retained  unproven
         properities  are  expensed as incurred.  Costs  incurred in proving and
         developing  a  property  ready  for  production  are   capitalized  and
         amortized over the life of the mineral deposit or over a shorter period
         if the property is shown to have an impairment  in value.  Expenditures
         for mining  equipment are capitalized and depreciated over their useful
         life.

         Environmental Requirements

         At the date of the balance sheet environmental  requirements related to
         the mineral  leases  acquired  (Note 3) are unknown and  therefore  any
         estimate of any future cost cannot be made.

         Financial Instruments

         The carrying amounts of financial instruments, including cash, accounts
         payable and accrued  liabilities  are  considered  by  management to be
         their standard fair values.

         Estimates and Assumptions

         Management  uses  estimates  and  assumptions  in  preparing  financial
         statements in accordance with generally accepted accounting principles.
         These  estimates  and  assumptions  affect the reported  amounts of the
         assets  and  liabilities,  the  disclosure  of  contingent  assets  and
         liabilities,  and the reported  revenues and expenses.  Actual  results
         could vary from the  estimates  that were  assumed in  preparing  these
         financial statements.

                                       10
<PAGE>

                          STANDARD CAPITAL CORPORATION
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  May 31, 2000

                      (Unaudited - Prepared by Management)


3.       AQUISITION OF MINERAL CLAIM

         The Company  acquired  one 18 unit metric  claim known as the  Standard
         claim situated  within the Bridge River gold camp near the town of Gold
         Bridge,  160 kilometres north of Vancouver,  British Columbia,  with an
         expiration  date of February 23, 2001. The renewal cost of these claims
         is $1,800. The costs of staking and filing have been expensed.

4.       RELATED PARTY TRANSACTIONS

         Related parties acquired 7.7 % of the common shares issued for cash.

5.       GOING CONCERN

         The Company will need  additional  working  capital to be successful in
         its  efforts  to develop  the  mineral  lease  acquired  and  therefore
         continuation  of the  Company  as a going  concern  is  dependent  upon
         obtaining  additional working capital and the management of the Company
         has  developed  a  strategy,  which it believes  will  accomplish  this
         objective through  additional equity funding,  and long term financing,
         which will enable the Company to operate for the coming year.

         Management  recognizes  that,  if  it is  unable  to  raise  additional
         capital, the Company cannot be successful in its efforts.

                                       11
<PAGE>

                           ITEM 2. PLAN OF OPERATIONS

In the fall of 1999 the Company  extended its geochemical  grid and took samples
for assaying.  The assays  indicated some gold content in certain areas but over
all the assays were not indicative of a strong gold occurrence. The Company will
concentrate its efforts during the 2000 field season in the areas when there was
an indication  of gold.  The Company has not tested its samples for other metals
but might do tjis prior to undertaking further exploration work on the claim.

Liquidity and Capital Resources

The Company will need additional  funds to undertake any exploration  program in
2000.  The exact amount of dollars  required for an  exploration  program is not
known as yet but will be determined within the next several months.

Results of Operations

There have been no operations during the current period.

                                       12
<PAGE>

                                   SIGNATURES

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

                          STANDARD CAPITAL CORPORATION
                                  (Registrant)




         July 18, 2000                             /s/     "Del Thachuk"
                                            ------------------------------------
         Date                               Del Thachuk - President and Director

                                       13