U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                              [X] QUARTERLY REPORT
                                       OR
                             [_] TRANSITION REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                    For the Quarter Ended September 30, 1999
                        Commission file number: 000-26828

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

                                MORO CORPORATION
             ------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

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

             Delaware                                 51-0338736
  ------------------------------         ------------------------------------
   (State or other jurisdiction          (I.R.S. Employer Identification No.)
  Incorporation of organization)


                             Bala Pointe, Suite 240
                           111 Presidential Boulevard
                         Bala Cynwyd, Pennsylvania 19004
               ---------------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)


                                 (610) 667-9050
               ---------------------------------------------------
              (Registrant's telephone number, including area code)


                              220 East 42nd Street
                               New York, NY 10017
                                 (212) 983-4500
                              --------------------
                                (Former address)


                                 Former Company:
          Former conformed name: Food Court Entertainment Network, Inc.
                        Date of name change: June 9, 1999


Check whether the Registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the Registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.

                                  YES X     NO
                                     ---      ---

  As of September 30, 1999, 5,000,000 shares of common stock were outstanding.


<PAGE>


                                MORO CORPORATION
                                 BALANCE SHEETS
                                   (Unaudited)

<TABLE>
<CAPTION>


                                                               Reorganized          Predecessor
                                                                 Company              Company
                                                               September 30,        December 31,
                                                                   1999                 1998
                                                              --------------        ------------
                                                               (Unaudited)
<S>                                                            <C>                  <C>
                                     ASSETS
Current assets:
    Cash and cash equivalents                                                         $231,679
    Prepaid taxes                                                $  5,197                5,197
                                                                 --------             --------
       Total current assets                                         5,197              236,876
                                                                 --------             --------
Reorganization value in excess of amounts
  allocable to identifiable assets                                103,628
                                                                 --------             --------
                                                                 $108,825             $236,876
                                                                 ========             ========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
    Accounts payable                                                                  $142,170
    Accrued payroll                                                                     70,000
    Other accrued expenses                                       $ 50,000              309,128
    Due to former employee                                                             240,000
    Obligation under employment contract                                               204,123
                                                                 --------             --------
                                                                   50,000              965,421
                                                                 --------             --------
Stockholders' equity:
    Common stock                                                   58,825
    Net (liabilities in liquidation)                                                  (728,545)
                                                                 --------             --------
                                                                 $108,825             $236,876
                                                                 ========             ========
</TABLE>

                        See notes to financial statements


                                                                               2

<PAGE>


                     FOOD COURT ENTERTAINMENT NETWORK, INC.
                            STATEMENT OF OPERATIONS
                                  (Unaudited)

                                                           Three Months Ended
                                                              September 30,
                                                         ---------------------
                                                           1999         1998
                                                         -------      --------
Advertising revenue                                      $     0      $      0
                                                         -------      --------
Operating expenses:
   Sales and marketing
   Programming
   Network costs
   General and administrative expenses                                 (23,270)
                                                         -------      --------
                                                                       (23,270)
                                                         -------      --------
Operating income (loss)                                                 23,270

Other (income) expense:
   Interest net                                                         (1,158)
                                                         -------      --------
Net income (loss)                                        $     0      $ 24,428
                                                         =======      ========


                        See notes to financial statements


                                                                               3

<PAGE>


                                MORO CORPORATION
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>

                                            Reorganized Company                Predecessor Company
                                            -------------------     ---------------------------------------
                                            Five Months Ended       Four Months Ended    Nine Months Ended
                                            September 30, 1999        April 30, 1999     September 30, 1998
                                            -------------------     -----------------    ------------------
<S>                                         <C>                     <C>                  <C>
Advertising revenue                              $      0               $      0             $       0
                                                 --------               --------             ---------
Operating expenses:
   Sales and marketing                                                                           1,031
   Programming                                                                                  16,366
   Network costs                                                                                57,508
   General and administrative expense                                     42,736               333,512
                                                 --------               --------             ---------
                                                        0                 42,736               408,417
                                                 --------               --------             ---------
Operating loss                                                                                (408,417)

Other (income) expense:
   Interest (net)                                                                                4,795
                                                 --------               --------             ---------
Net loss before reorganization items                    0                (42,736)             (413,212)
                                                 --------               --------             ---------
Reorganization items                                                     771,281
                                                 --------               --------             ---------
Net income (loss)                                $      0               $728,545             $(413,212)
                                                 ========               ========             =========
</TABLE>

                        See notes fo finanial statements
                                                                               4

<PAGE>


                                MORO CORPORATION
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>

                                                 Reorganized Company                Predecessor Company
                                                 -------------------     ---------------------------------------
                                                 Five Months Ended       Four Months Ended    Nine Months Ended
                                                 September 30, 1999        April 30, 1999     September 30, 1998
                                                 -------------------     -----------------    ------------------
<S>                                              <C>                     <C>                  <C>
Cash flows from operating activities:
   Net income (loss)                                                         $ 728,545           $(413,212)
   Changes in assets and liabilities:
      (Increase) decrease in other assets                                     (103,628)             15,803
      Increase (decrease) in accounts
        payable and accrued expenses                                          (915,421)            (67,897)
                                                       --------              ---------           ---------
Net cash used in operating activities                                         (290,504)           (465,306)
                                                       --------              ---------           ---------
Net cash provided by investing activities:
   Sale of property and equipment                                                                  195,000
                                                                                                 ---------
Cash flows from financing activities:
   Loan payable from employee                                                                        6,000
   Proceeds from issuance of
     common stock -- new                                                        58,825
                                                       --------              ---------           ---------
Net cash provided by financing activities                                       58,825               6,000
                                                       --------              ---------           ---------
Net decrease in cash                                                          (231,679)           (264,306)

Cash at beginning of period                                                    231,679             284,000
                                                       --------              ---------           ---------
Cash at end of period                                  $      0              $       0           $  19,694
                                                       ========              =========           =========

Supplemental disclosure of cash flow information:
   Cash paid for interest                                                                        $   1,266
                                                                                                 =========
</TABLE>

                        See notes to financial statements
                                                                               5


<PAGE>


                                MORO CORPORATION
                          NOTES TO FINANCIAL STATEMENTS
                           SEPTEMBER 30, 1999 AND 1998
                                   (Unaudited)

1.   The Company and basis of presentation:

     Moro Corporation, formerly Food Court Entertainment Network, Inc. (the
     "Company"), is a Delaware corporation, which was incorporated on
     February 12, 1992. The Company changed its name on June 7, 1999. The
     Company's plan was to establish a national television network to broadcast
     a high quality television program called Cafe USA, specifically to large,
     enclosed shopping mall food courts across the United States. The Company's
     activities have consisted primarily of designing, developing and producing
     its Cafe USA programming, establishing contacts and entering into
     agreements with potential advertisers and mall operators, producing and
     evaluating market tests of its programming, developing a system for
     delivery of programming into mall food courts, engaging management,
     employees and consultants for operations, including marketing, installing
     and operating Cafe USA in various mall food courts.

     The Company, which had been a development stage company, has been unable to
     market its Cafe USA network to advertisers, has incurred substantial losses
     and has been unable to obtain additional financing. Accordingly, the
     Company, while maintaining the operation of its Cafe USA network in twenty
     malls and continuing to supply updated programming to the malls each week,
     sought a purchaser for its assets and on April 23, 1998 the Company entered
     into an agreement, which may be subject to stockholder approval, to sell
     substantially all of its assets for $450,000. As a result of the above,
     effective December 31, 1997, the Company changed its basis of accounting
     from the going concern basis to a liquidation basis. In connection
     therewith, the Company has written down the carrying value of its assets
     subject to the sales agreement to their selling price and has also written
     off certain other assets and has accrued a liability for an obligation
     under an existing employment agreement. These adjustments are reflected in
     the statement of changes in net assets (liabilities) in liquidation.

     On June 24, 1998, the Board of Directors adopted a resolution that the
     corporation file a petition for relief under Chapter 11 of Title II of the
     United States Code (the Bankruptcy Code). The voluntary petition was
     subsequently filed on August 13, 1998.

     In July, the agreement with Prime Spot Media U.S.A. was amended and the
     assets and operating leases were sold to Prime Spot Media U.S.A. for
     $422,000. As a result of the foregoing, the Company has no active business
     operations.

2.   Financial statement presentation:

     In the opinion of management, the accompanying unaudited financial
     statements contain all adjustments (consisting only of normal recurring
     adjustments) necessary to present fairly the financial position of the
     Company and its results of operations and cash flow for the interim periods
     presented.


                                                                               6

<PAGE>


                                MORO CORPORATION
                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 1999 AND 1998
                                   (Unaudited)

2.   Financial statement presentation (continued):

     Such financial statements have been condensed in accordance with the
     applicable regulations of the Securities and Exchange Commissions and,
     therefore, do not include all disclosures required by generally accepted
     accounting principles.

     The results of operations for the nine months ended September 30, 1999 are
     not necessarily indicative of the results to be expected for the entire
     fiscal year.

     These financial statements should be read in conjunction with the financial
     statements included in the Company's Annual Report on Form 10-KSB for the
     year ended December 31, 1998.

     Due to the Restructuring and implementation of Fresh Start Reporting,
     Condensed Consolidated Financial Statements for the new Reorganized Company
     (period starting April 30, 1999) are not comparable to those of the
     Predecessor Company. For financial reporting purposes, the effective date
     of the bankruptcy is considered to be the close of business on April 30,
     1999.

     Loss per share of common stock:

     Net loss per share of common stock is based on the weighted average number
     of shares outstanding during the period.

     The weighted average number of common shares outstanding and net income
     (loss) per common share for periods prior to April 30, 1999 have not been
     presented because, due to the restructuring and implementation of Fresh
     Start Reporting, they are not comparable to subsequent periods.

3.   Recent developments:

     On May 3, 1999 (the "Confirmation Date"), the U.S. Bankruptcy Court
     confirmed the Company's Plan of Reorganization (the "Reorganization"), and
     the Company emerged from bankruptcy. Pursuant to the Reorganization, on
     such date certain indebtedness of the Company was canceled in exchange for
     cash and new equity interests.

     Holders of the Company's shares before the confirmation of reorganization
     will receive 10% of the shares in the emerging entity.

     The Company's creditors received all of the Company's net cash assets, 5%
     of the Company stock in the emerging entity, plus a total of $50,000 cash
     payable plus interest of 5% in May 2000.


                                                                               7

<PAGE>


                                MORO CORPORATION
                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 1999 AND 1998
                                   (Unaudited)

4.   Fresh start reporting:

     As of April 30, 1999, the Company adopted Fresh Start Reporting in
     accordance with the American Institute of Certified Public Accountant's
     Statement of Position 90-7 "Financial Reporting by Entities in
     Reorganization under the Bankruptcy Code", ("SOP 90-7"). Fresh Start
     Reporting resulted in material changes to the Condensed Consolidated
     Balance Sheet, including valuation of assets, intangible assets (including
     goodwill) and liabilities at fair market value and valuation of equity
     based on the appraised reorganization value of the ongoing business.

     The Reorganization and the adoption of Fresh Start Reporting resulted in
     the following adjustments to the Company's Condensed Consolidated Balance
     Sheet for the period ended April 30, 1999:

<TABLE>
<CAPTION>
                                       Predecessor          Reorganization and        Reorganized
                                        Company           Fresh Start Adjustments       Company
                                     --------------      ------------------------    --------------
                                     April 30, 1999        Debit          Credit     April 30, 1999
                                     --------------      --------        --------     --------------
     <S>                             <C>                 <C>             <C>          <C>
     Cash and equivalents               $187,851         $ 50,000        $237,851
     Prepaid taxes                         5,197                                         $  5,197
                                        --------         --------        --------        --------
                                         193,048           50,000         237,851           5,197
                                        --------         --------        --------        --------
     Reorganization value in excess
        of identifiable assets                            103,628                         103,628
                                        --------         --------        --------        --------
                                        $193,048         $153,628        $237,851        $108,825
                                        ========         ========        ========        ========
     Accounts payable                   $142,170         $142,170
     Accrued payroll                      70,000           70,000
     Other accrued expense               308,035          258,035                        $ 50,000
     Due to former employee              240,000          240,000
     Obligation under employment
        contract                         204,124          204,124
                                        --------         --------                        --------
                                         964,329          914,329                          50,000
                                        --------         --------                        --------
     Common stock -- net                                                 $ 58,825          58,825
     Net (liabilities in liquidation)   (771,281)                         771,281
                                        --------         --------        --------        --------
                                        $193,048         $914,329        $830,106        $108,825
                                        ========         ========        ========        ========
</TABLE>


                                                                               8

<PAGE>


                                MORO CORPORATION
                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 1999 AND 1998
                                   (Unaudited)

5.   Reorganization items:

     In accordance with SOP 90-7, expenses resulting from the Chapter 11
     reorganization should be reported separately as reorganization items in the
     Condensed Consolidated Statements of Operations.

6.   Legal proceedings:

     The Company is not a party to any pending legal proceedings.


                                                                               9

<PAGE>


Item 2. Management's Discussion and Analysis or Plan of Operation.

     Over the twelve months following confirmation of the Plan, the Company
intends to engage in the identification, evaluation and investigation of
prospective business opportunities, and if believed warranted, to acquire a
business. In this regard, the Company has commenced limited efforts intended to
survey and locate such possible business opportunity candidates. Management
presently has no specific business in mind for potential acquisition.

     The Company does not propose to restrict its search for investment
opportunities to any particular industry and may, therefore, engage in
essentially any business, to the extent of its limited resources. Management has
not adopted any formal business plan or conducted any formal market studies with
respect to any business or industry. The Company's discretion to participate in
business opportunities is unrestricted, subject to the availability of those
opportunities, economic conditions, the availability of financing, if needed,
and other factors.

     The Company intends to select a target company and complete a business
combination as quickly as practicable. However, there can be no assurance that
the Company will be successful in identifying a target company and/or completing
a business combination in a timely manner, or at all. In the event that, as of
May 18, 2001, the Company has not completed a business combination (or executed
an agreement with respect to a business combination, but not yet closed), the
Company will promptly call a stockholder meeting (or otherwise solicit
stockholder votes or consents) for the purpose of determining whether the
Company should continue to seek a target company and a business combination or
cease its efforts and proceed to liquidate and dissolve the Company.

     It is anticipated that business combination opportunities will be available
to the Company from various sources, including but not limited to, its sole
officer and director, professional advisors such as attorneys and accountants,
securities broker-dealers, venture capitalists, members of the financial
community and others who may present proposals.

     The analysis of business combination opportunities will be undertaken by or
under the supervision of David W. Menard, the Company's sole officer and
director, who has substantial experience in merger and acquisition transactions.
As potentially available target companies are expected to be in different
industries and at various stages of development, the task of comparative
investigation and analysis will be extremely difficult and complex. Due to the
Company's limited capital available for investigation, the Company may not
discover or adequately evaluate adverse factors about the target company to be
acquired. However, it should be noted that the use of consultants which the
Company may hire could increase the likelihood of finding a target company.
There do not presently exist any plans, understandings, agreements or
commitments with any person to act as a consultant for the Company. In addition,
the limited financial resources of the Company may not permit the Company to
retain such consultants, or the Company may need to issue additional securities
to such consultants in lieu of cash compensation.

     To a large extent, a decision to participate in a specific business
combination may be made upon management's analysis of the quality of the other
firm's management and personnel, the anticipated acceptability of new products
or marketing concepts, the merit of technological changes, and numerous other
factors which are difficult, if not impossible, to analyze through the
application of any objective criteria. In many instances, it is anticipated that
the historical operations of a specific firm may not necessarily be indicative
of the potential for the future because of the requirement to substantially
shift marketing approaches, obtain additional capital, change product emphasis,
change or substantially augment management, or make other changes. Because the
Company may participate in a business combination with a newly organized firm or
with a firm which is entering a new phase of growth, it should be emphasized
that the Company may incur further risks in view of the fact that the target
company to be acquired in may instances, will not have proven its abilities or
effectiveness, the eventual market for such firm's products or services will
likely not be established, and the profitability of the firm will be unproven,
uncertain and in predictable.

Liquidity and Capital Resources

     The Company's sole officer and director, David W. Menard, intends, for the
foreseeable future, to advance to the Company such funds as are necessary for
the Company to comply with its reporting requirements under any applicable
federal and state securities laws, and to file all required federal, state and
local tax


                                                                              10

<PAGE>


returns. Mr. Menard estimates that these expenses will aggregate approximately
$50,000 during the first year. It is anticipated that such advances will be
accrued as a liability of the Company to Mr. Menard to be repaid by the Company
upon consummation of a business combination, unless otherwise determined between
the Company and Mr. Menard. Mr. Menard may, however, discontinue such advances
at any time in his sole discretion.

PART II- OTHER INFORMATION

Item 1. Legal Proceedings.

     On August 13, 1998, the Company filed a Petition for relief under Chapter
11 of the Bankruptcy Code. On May 7, 1999, the United States Bankruptcy Court
for the District of Delaware confirmed the First Modified Chapter 11 Plan of
Reorganization of the Company (the "Plan"). The Plan provided for allocation of
the Company's remaining assets pursuant to the priorities established by the
Bankruptcy Code. The Plan also provided that all of the securities outstanding
prior to confirmation of the Plan were cancelled and the stock of the Company
following confirmation would be issued as follows: 85% to David and Jacqueline
Menard; 10% to the Company's former shareholders; and 5% to the Company's
unsecured creditors. Pursuant to the Plan, all of the officers and directors
resigned and David W. Menard became the sole director and officer.

Item 2. Changes In Securities.

     Prior to the confirmation of the Plan, the Company had issued and
outstanding 13,652,082 shares of Series A Common Stock and 379,605 shares of
Series B Common Stock as well as certain options and warrants to purchase Common
Stock. The Plan provided that all of the equity securities of the Company
outstanding prior to confirmation of the Plan were cancelled and the stock of
the Company following confirmation of the Plan would be issued as follows: 85%
to David and Jacqueline Menard; 10% to the Company's former shareholders; and 5%
to the Company's unsecured creditors.

Item 5. Other Information.

     On June 7, 1999, the Company changed its name from Food Court Entertainment
Network, Inc. to Moro Corporation.

     The Company has nominal assets. The Company intends to engage in the
identification, evaluation and investigation of prospective business
opportunities, and if believed warranted, to acquire a business. As of the date


                                                                              11

<PAGE>


of this filing, the Company has commenced limited efforts intended to survey and
locate such possible business opportunity candidates. Management presently has
no specific business in mind for potential acquisition.

Item 6. Exhibits.

(a)     Number                             Description

          2.1              First Modified Chapter 11 Plan of Reorganization
                           (with attached Disclosure Statement and Supplemental
                           Disclosure Statement) (incorporated by reference from
                           Exhibit 2.1 to Form 10-KSB for the year ended
                           December 31, 1997)

**       27.1              Financial Data Schedule (Electronic Filing Only)
--------------
**--Filed herewith.

(b) During the period covered by this Form 10-QSB, the Company did not file any
Reports on Form 8-K.


                                   SIGNATURES

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

                                             MORO CORPORATION

Date: November 15, 1999                      By: /s/ David W. Menard
                                                 ------------------------------
                                                 David W. Menard,
                                                 President


                                                                              12