# SECURITIES AND EXCHANGE COMMISSION

# Washington,
D.C. 20549

# FORM 10-KSB/A
AMENDMENT NO. 1

Annual
Report Under Section 13 or 15(d)
of the Securities Exchange Act of 1934
Fiscal Year Ended: December 31, 2000
Commission File No. 0-23965

# Entrust Financial Services, Inc.formerly known as easyQual.com, Inc.
(Exact Name of Small Business Issuer as specified in its charter)

Colorado   
              
              
              
              
              
              
              
              
        84-1374481
              
              
              
    (State or other jurisdiction    
              
              
              
              
              
             
   (IRS Employer File Number)
              
              
              
     of incorporation)

# Fifth Floor,
6795 E. Tennessee Ave., Denver, CO        80224
(Address of principal executive offices)        
           
 (Zip Code)

Registrant's
telephone number, including area code: (303) 322-6999
Securities Registered Under Section 12(B) of the Exchange Act: None
Securities Registered Under Section 12(G) of the Exchange Act:Common Stock,$.0000001 per share par value

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 [  ]

Check
if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is contained in this form and no disclosure will be contained, to
the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB. [X]

State
issuers revenues for its most recent fiscal year $3,399,737. The aggregate
market value of the voting stock of the Registrant held by non-affiliates as of
December 31, 2000 was not able to be determined since the Registrants
stock has not ever traded. The number of shares outstanding of the
Registrants common stock, as of the latest practicable date, February 28,
2001, was 20,654,927.

---

References in this document
to us, we, or the Company refer to Entrust
Financial Services, Inc., formerly known as easyQual.com, Inc., its predecessors
and its subsidiaries.

PART I

## Item 1.
Description of Business.

(a)
General Development of Business

We
are a Colorado corporation. Our principal business address is 6795 E. Tennessee
Ave., Fifth Floor, Denver, Colorado 80224. Our telephone number is (303)
322-6999.

We
were originally incorporated under the laws of the State of Colorado on November
8, 1996. We spent several months of preparation and research before beginning
formal operations on March 10, 1997. Since beginning operations in March, 1997,
we have been marginally unprofitable.

From
our inception until April 30, 1999, we acted as a mortgage brokering operation.
>From 1996 until 1997, we had minimal activities and carried no substantial
inventories or accounts receivable. In March, 1997, we expanded our operations
and completed a private placement in February, 1998. This placement permitted us
to develop operations in the mortgage brokering business.

In
January and February, 2000, we completed a private placement of a convertible
debenture. We used the funds for working capital. Also in January, 2000, we made
a three-for-one forward split of our common shares, which was approved by our
Board of Directors to be effective March 14, 2000.

In
March, 2000, we sold common stock, post split in a private placement to
accredited investors.

In
June, 2000, we changed our name to easyQual.com, Inc.

In
December, 2000, we acquired certain defined assets and liabilities of Allegro
Software, Inc., a private Colorado software company, and integrated those assets
and liabilities into our operations. In March , 2002, we restated our financial
statements to write off these defined assets and liabilities as a part of Focvs
Technologies, Inc. being shown as a discontinued business.

On
April 6, 2001, we changed our name to Entrust Financial Services, Inc.

We have
not been subject to any bankruptcy, receivership or similar proceeding.

(b)
Narrative Description of the Business

General

---

From
our inception to April 30,1999, we acted as a mortgage brokering operation. With
the acquisition of Entrust Mortgage we became a mortgage banking company. From
1996 until 1997, we had minimal activities and carried no substantial
inventories or accounts receivable. In March, 1997, we expanded our operations
and completed a private placement for a total of $110,750, which permitted us to
develop operations. At the present time, we are seeking to raise approximately
$1,200,000 in additional funds, possibly through a private placement,
borrowings, or a public offering, within the next twelve months. However, we
have no definite plans at this time for any type of financing. We also believe
that we are may possibly generate a profit during the next fiscal year from
internal operations which may provide additional funds, although such a profit
situation cannot be guaranteed.

No
independent market surveys have ever been conducted to determine demand for our
products and services.

Organization

We
are a Colorado holding corporation. We primarily engage in the mortgage banking
business. We are also in two other businesses which complement our wholesale
mortgage banking business. We have four Colorado subsidiary corporations:
Entrust Mortgage, Inc. (Entrust), easyQual homes, Inc.
(Homes), A.I. Dynamics, Inc. (A.I.) and FocVs
Technologies, Inc.(FocVs). Our corporate goals are to build a
highly efficient and profitable wholesale mortgage banking company which uses
the latest technology in our underwriting and operations, to develop and resell
this underwriting and processing technology to the entire mortgage banking
industry, and to selectively develop housing projects which can be financed
through our mortgage banking company.

Entrust
Mortgage, Inc.

Entrust
is a traditional wholesale mortgage banking operation, with regional offices in
Colorado, Nevada, Texas, and California. Entrust is licensed to conduct
business in 40 states and has contractual relationships with over 4,000 brokers
across the United States. Entrustaccepts non-conforming first and second
mortgage submissions, for which yields are substantially higher than for
conforming submissions. The mortgages are funded using our approved revolving
warehouse lines of credit, which presently total approximately $15 million.

A.I.
Dynamics, Inc.

We
organized A.I. to develop an electronic, reduced paper mortgage process for
mortgage brokers. The system targets the huge volume of paper generated from
origination to first sale of a mortgage, as the file passes through no less than
four separate parties, each requiring a paper copy package. A.I. is developing a
software system of automated decisioning of loan applications which provides
brokers a stipulated decision for the best program for which the borrower
qualifies. From this decision, the broker can submit a complete mortgage
package. Conditions can be transmitted and received electronically and
transferred electronically to the proper work station throughout the loan
process. Request for any additionally required stipulations can be emailed to
the mortgage broker and be received as attachment by return email. Even
appraisals with digital pictures (now the industry norm) can be received
electronically.

---

With
the passage of the Federal law approving electronic signatures, we believe that
there is an opportunity to make the majority of the entire mortgage process
paperless. We have begun implementing the reduced paper process internally. We
also plan to sell this process to mortgage brokers throughout the mortgage
industry. We believe that significant savings can be realized through a reduced
paper process.

easyQual
Homes, Inc.

We
established Homes to identify undervalued waterfront lots, situated on wide
canals with direct access to the Gulf of Mexico, in Charlotte County, Florida.
Homes acquired these lots in Charlotte County, Florida., which include a
finished infrastructure, at below market prices. Homes plans to build modular
homes which we believe Homes can acquire at a discount to customary market
prices. We expect the finished properties to have the same appeal as a
neighborhood site-built home, but which to have been developed at a lower cost.
Homes plans to deliver waterfront homes for approximately $160,000 or less at a
per home. Entrust has developed the project financing and will provide permanent
mortgages to the buyers. The homes are being sold predominantly to investors
seeking appreciation, and persons wanting Florida retirement and second homes.
Homes can provide homebuyers virtual tours of their selected homes
through use of an interactive web site. The first fifty out of a potential total
of one thousand houses have already been subscribed.

Focvs
Technologies, Inc.

We
organized Focvs to develop an application service provider (ASP) to distribute
select services to the mortgage industry and other select vertical markets. We
developed this project throughout the fiscal year ended December 31, 2000. As a
result of market conditions and difficulties which we encountered in technical
development, we discontinued the project in December, 2000. In March , 2002, we
restated our financial statements to reflect Focvs Technologies, Inc. as a
discontinued business.

(c)
Operations

We
operate through four subsidiary companies. Our principal subsidiary is Entrust.
Mortgage, Inc. A.I. Dynamics, Inc. is a company which develops computer software
products in support of our wholesale mortgage operations.easyQual Homes is a
company which is developing a specific real estate project. Focvs Technologies,
Inc. is a company which was involved in the development of an ASP for select
vertical markets.

---

Entrust
Mortgage, Inc.

Entrust
is a traditional wholesale mortgage banking operation, specializing in niche
mortgage products, with regional offices in Colorado, Nevada, Texas, and
California. Entrust is licensed to conduct business in 40 states and has
contractual relationships with over 4,000 brokers across the United States.
Entrust is an approved mortgage banker and has correspondent
relationships with many large wholesale banks including, Bank of America Fleet
Mortgage, GMAC, Indymac, Bank One,, and First Union Capital Markets, among
others.Entrust also originates retail mortgage loans under the name of
easyQual.

Entrustaccepts non-conforming first and second mortgage submissions, for which
yields are substantially higher than for conforming submissions. The mortgages
are funded using approved revolving warehouse lines of credit, which presently
total approximately $15 million.

During
the last fiscal year, Entrust continued to increase its loan business, but was
also able to reduce staffing requirements as a result of improved procedures and
technology. These increased revenues are tied directly to significantly greater
mortgage originations from the previous year.

During
the last fiscal year, Entrust entered into a contract with MBNA N.A. to offer
unsecured lines of credit to consumers with marginal credit ratings for loan
amounts up to $50,000. This loan features thirty-minute approval and 7 day
funding. The loan is offered online through our easyQual.com web page or by
phone in which calls come into an easyQual.com toll free number, The calls are
handled by the MBNA call center at no cost to Entrust or us.

A
large segment of profitability in the mortgage marketplace comes after the
mortgage is closed and funded with the borrower. Mortgages are sold into
secondary markets on a per loan bases (flow), or many loans packaged as one lump
sale (bulk). Those who buy the loans either hold them to earn from the coupon
rate or securitize the loan portfolio and receive more immediate realization of
profit. Furthermore, the servicing of loans (collection of ongoing
payments) is a significant cash flow business. Entrust believes that it will
experience much better execution in a program where it sells loans in bulk or
eventually securitize its own loan pools. However, there are no firm plans at
this point for a securitization program by Entrust or us.

A.I.
Dynamics, Inc.

A.I.
was organized to develop an electronic, reduced paper mortgage process for
mortgage brokers. The system targets the huge volume of paper generated from
origination to first sale of a mortgage, as the file passes through no less than
four separate parties, each requiring a paper copy package. A.I. is developing a
software system of automated decision making for loan applications which
provides brokers a decision for the best program for which the borrower
qualifies. From this decision, the broker can submit a complete mortgage
package. Conditions can be transmitted and received electronically and
transferred electronically to the proper work station throughout the loan
process. Request for any additionally required stipulations can be emailed to
the mortgage broker and be received as attachment by return email. Even
appraisals with digital pictures, which is now the industry norm, can be
received electronically.

---

With
the passage of the Federal law approving electronic signatures, we believe that
there is an opportunity to make most of the entire mortgage process paperless.
We are using some of this technology in our Entrust operations, which is a
partial reason for the reduced staffing and improved procedures that we saw in
the latter part of our fiscal year. We are continually upgrading our technology
and plan to begin offering it to mortgage brokers throughout the mortgage
industry in the next fiscal year.

Specifically,
we are beta testing an automated underwriting and loan application processing
program for the U.S. mortgage industry. The present mortgage industry conducts
its business through many manual steps, in an antiquated system prone to
mistakes. Our planned system will be set up to permit the mortgage customer to
process an application much quicker, typically in one to three minutes.
Currently, the pre-approval and documentation for a mortgage in the industry
typically require approximately one to two days to complete before sending out.
The more loan programs offered by the mortgage company, the more complexity sets
in, pushing those averages out.

In
the competitive loan environment providing a diverse range of programs, for
every 10 applications that the underwriter pre-approves, a significant number
are pre-approved for the wrong program. On average five pre-approvals per day
have to be redone.

On
average, out of every ten loans submitted, one-half are pre-qualified and
generate a customer list of stipulations. Of the customers receiving a list of
stipulations, only one half return a full package. The time delays to get
pre-approval encourage the customer to shop around for other product. Document
completion by the customer (assisted by the broker) can take another 7 to 10
days on average. Of the customers responding to the stipulations completely,
one-half actually close their loans. On average, out of ten initial mortgage
loan applications submitted, fewer than one (.833) is funded in an industry
completion process of 18 days.

With
our planned system, we believe that closing ratios will significantly improve.
With our present technology, we have already seen improvement. Out of ten
initial loan applications, we presently close approximately 2.5 packages in a
major positive shift in cost and time. We have integrated the process with a
simplified application process. In our fully implemented planned system, our
automated underwriting, incorporated with our search engine, would be able to
examine a thousand loan programs, if necessary, to find an exact match for each
customer profile without mistakes. Pre-approval and documentation are complete
in about sixty seconds, not two days.

With
our fully implemented system, management evaluation of a sales persons
prospect is eliminated. Back office data entry is also eliminated. There is
limited human interface in the underwriting process involving a review of the
authenticity of tax returns and the other related documents. With our fully
implemented system, we believe that the cost of back office personnel would go
down, providing margins for employing a higher quality personnel using systems
that ensure an efficient document review process. Consequently, the process can
be significantly enhanced.

---

Our
fully implemented system would turn an inexperienced loan officer into a
seemingly experienced loan officer, able to provide the customer with definite
answers instantaneously without the customary mistakes. With every requirement
of the loan process scripted, the customer gets accurate information from the
broker who no longer has to constantly call the home office for answers.

With
our fully implemented system, a loan officers time is released to sell
rather than study dozens of loan programs offered by the firm. The system also
removes the insecurity that currently prevails when an inexperience sales person
attempts to describe complex loan options. In addition, the current limits on
the number of loans a producer can manage is dramatically expanded. The
confidence that the lender has for the integrity of the underwriting and loan
process may be enhanced as well.

Automated
underwriting can be found currently in limited pockets of the industry. For the
prime market--offering standard, government generated mortgages to
the creditworthy customer--automated underwriting is now available on a limited
basis. The prime market, however, represents only one-fourth of the
total mortgage business. The non-conforming market involving more
complexity, including credit issues and the need for individual loan tailoring,
the manual mortgage system prevails everywhere in the industry.

The
non-conforming market representing three-fourths of the total U.S. mortgage
origination business but provides three to four times the profit margins of the
conforming market. This non-conforming market is the focus in which we are
seeking to create a new standard and, by this standard, to establish a new
industry leadership.

Our
market roll-out of this new system is expected to target both the wholesale and
retail mortgage industry. We believe that bringing our fully implemented,
automated system into the small to medium brokerage office currently operating
in every rural and urban region of the United States should be the basis of
substantial business, since small mortgage brokers dominate this industry.

Our
plan for the U.S. wholesale mortgage industry uses relationships with brokerage
office which do not require giving up autonomy, name, ownership or loan programs
to participate in our mortgage origination program.

We
have implemented portions of our process and intend to go on-line with limited
programs in the middle of the second quarter of 2001. Additional programs should
be loaded throughout the remainder of the fiscal year. With the completion of
the development of this program, We intend to begin providing this system to the
mortgage industry through industry publications and other media outlets, a web
site, an industry newsletter and a team of account executives.

---

Also,
during the reporting period, we purchased certain selected assets, customers,
and software from Allegro Software, Inc., a private company. We have written
these assets off as a part of our discontinuation of the Focvs Technologies,
Inc. operation.

Focvs
Technologies, Inc.

We
organized Focvs to distribute mortgage technology, and potentially other
applications, as an ASP. A portion of our unprofitability in the last fiscal
year came as a result of our efforts to create an application service provider
(ASP) as a vehicle to distribute our automated underwriting and Maestro
Software. We discontinued the ASP project because we believe that a web enabled
delivery system will be less expensive and more prudent.

easyQual
Homes, Inc.

We
established Homes to identify undervalued waterfront lots, situated on wide
canals with direct access to the Gulf of Mexico, in Charlotte County, Florida.
Homes acquired these lots, which include a finished infrastructure, at below
market prices and plans to build modular homes which we believe we can purchase
at a discount. We expect the finished properties to have the same appeal as a
neighborhood site-build home, but to have been developed at a lower cost. Homes
plans to deliver waterfront homes for approximately $160,000 or less at a per
home.. Entrust has developed the project financing and will provide permanent
mortgages to the buyers. The first 50 houses have already been subscribed.

(d)
Markets

Entrust
plans to continue to market residential mortgages through traditional methods.
Entrust employs a system of using regional sales representatives and an in-house
sales team to market products to our broker clients. Entrust presently markets
to an established 4,000-account mortgage broker base and will add new accounts
through wholesale representative solicitation, fax blast marketing, mass e-mail
marketing, and participation in trade shows.

At
such time as our internet application and approval software is released, Entrust
will begin directing mortgage broker business through the Internet to permit
brokers to receive real time loan approvals 24 hours a day, 7 days a week.

Entrust
will then market loan originations through Internet web pages and from
traditional mortgage brokerage marketing methods such as realtor and builder
direct solicitation.

(e)
Raw Materials

The
use of raw materials is not now a material factor in our operations.

---

(f)
Customers and Competition

The mortgage
banking business is highly competitive, with hundreds of brokers and wholesalers
competing for the same consumer dollar.Our operational activities center
primarily in the mortgage loan origination business, in which there is a great
deal of competition. It is anticipated that competition will come from a number
of sources, many of whom will have greater resources and experience than we
have. All lenders in the Rocky Mountain United States region are potential
competitors. There can be no guarantee that we will be able to compete
successfully over the short or long term.

(g)
Employees

Currently,
we have forty full-time employees. We plan to hire additional employees in the
future but have formulated no definite plans at this point.

(h)
Backlog

At
December 31, 2000, we had no backlogs.

(i)
Proprietary Information

We
own the tradename Mortgage 2000 and own proprietary computer
software which it uses in its operations. Otherwise, we have no proprietary
information.

(j)
Government Regulation

We
are, and expect to continue to be, subject to material governmental regulation
and approvals customarily incident to the operation of a mortgage company. We
are be regulated by applicable Federal and state regulation It is our policy to
fully comply with all governmental regulation and regulatory authorities.

(k)
Research and Development

We
have never spent any material amount in research and development activities.

(l)
Environmental Compliance

We do
not expect to be subject to any material environmental compliance.

Item 2.  Description of Properties.

Our
executive offices are located at 6795 E. Tennessee Ave., Fifth Floor, Denver,
Colorado 80224. These are also the offices of Entrust. We rent this office on a
five year lease at a cost of $13,089 per month from an unaffiliated third party.
We also have production offices in California, Nevada, and .Texas. We also own
office equipment to furnish all of our offices. We also own the tradename
Mortgage 2000 and Maestro.  We own proprietary computer
software which we use in our operations. All of our management activities are
performed in Colorado.

---

Item 3. Legal
Proceedings

We
have a pending lawsuit in the Colorado District Court for the City and County of
Denver against Stephen B. Torres, J. Scott Oler, Berkley Rasband, and Vision One
Technologies, Inc. seeking damages and injunctive relief in connection with our
acquisition of the assets of Vision One Technologies, Inc. We have alleged
deceit based upon fraud, fraud in connection with the purchase of securities,
misappropriation of trade secrets, among other claims. We are seeking actual and
punitive damages, as well as injunctive relief against the defendants. The case
has been deferred pending the outcome of criminal actions pertaining to one of
the defendants.

We
are a defendant in a suit with PCMD, Dan and Diane King, pertaining to payment
of equipment and services purported to be sold to Vision One, FNET, and Steven
Torres. This suit was filed in the Colorado District Court for the City and
County of Denver. The suit pertains to who is responsible for payment, and we
are also seeking recovery from PCMD by counterclaim monies paid to them and an
accounting of their liability regarding their role in the fraud perpetrated on
the company by Steven Torres and Vision One. The case is also in the preliminary
stages, with a trial anticipated in November, 2001.

Otherwise,
no legal proceedings of a material nature to which we are a party were pending
during the reporting period, and we know of no legal proceedings of a material
nature pending or threatened or judgments entered against any of our directors
or officers in his capacity as such.

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

We
did not submit any matter to a vote of security holders through solicitation of
proxies or otherwise during the fourth quarter of the fiscal year covered by
this report.

PART II

Item 5. Market for
Common Equity and Related Stockholder Matters.

(a)
Principal Market or Markets

Our
securities have traded on the NASD Over-the-Counter Bulletin Board since May,
2000 under the trading symbol EQLC. The following table sets forth the high and
low bid quotation for our common stock for each quarterly period ended June,
September, and December, 2000. As of December 31, 2000, we had approximately two
hundred ninety-five shareholders of record of our common stock. Our common stock
holders are entitled to receive dividends as declared by our Board of Directors
from time to time. No dividends are anticipated to be paid in the foreseeable
future.

---

`Bid Price
                             -------------------------
                             High                  Low
                             ----                  ----
   2000
   Second Quarter            $3.25                 $2.75
   Third Quarter             $3.25                 $1.00
   Fourth Quarter            $1.30                 $0.75`

(b)
Approximate Number of Holders of Common Stock

As
of the February 28, 2001, a total of 20,654,927 of our common shares were
outstanding. The number of holders of record of our common stock at that date
was approximately one hundred.

(c)
Debenture

In
1999, we sold $500,000 worth of Debentures to one individual. This Debenture was
converted to common stock in May, 2000.

(d)
Dividends

Holders
of common stock are entitled to receive such dividends as may be declared by our
Board of Directors. No dividends on the common stock were paid by us during the
periods reported herein nor do we anticipate paying dividends in the foreseeable
future.

Item 6. Management's
Discussion and Analysis or Plan of Operation.

Forward-Looking Statements

The
following discussion contains forward-looking statements regarding us, our
business, prospects and results of operations that are subject to certain risks
and uncertainties posed by many factors and events that could cause our actual
business, prospects and results of operations to differ materially from those
that may be anticipated by such forward-looking statements. Factors that may
affect such forward-looking statements include, without limitation: our ability
to successfully develop new products for new markets; the impact of competition
on our revenues, changes in law or regulatory requirements that adversely affect
or preclude customers from using our products for certain applications; delays
our introduction of new products or services; and failure by us to keep pace
with emerging technologies.

---

When
used in this discussion, words such as believes,
anticipates, expects, intends and similar
expressions are intended to identify forward-looking statements, but are not the
exclusive means of identifying forward-looking statements. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date of this report. We undertake no obligation to revise any
forward-looking statements in order to reflect events or circumstances that may
subsequently arise. Readers are urged to carefully review and consider the
various disclosures made by us in this report and other reports filed with the
Securities and Exchange Commission that attempt to advise interested parties of
the risks and factors that may affect our business.

Results
of Operations

We
have restated these financial statements to reflect the write off of all of the
assets of Focvs Technologies, Inc., a discontinued business. We had purchased
Allegro Software in November, 2000. As of December, 2000, we have written off
the software and other assets attributable to the Allegro Software acquisition
and our investment in Focvs Technologies, Inc. As a result, our operating
expenses and our net loss for this fiscal year will show an increase over what
we have previously reported

In
any case, our revenues increased significantly for the twelve months ended
December 31, 2000. For the twelve months ended December 31, 2000, we had total
revenues of $5,176,760, compared to revenues of $3,399,737 for the same period
ended December 31, 1999. Most significantly, our loan origination fees increased
for the twelve months ended December 31, 2000 to $4,428,185 compared to loan
origination fees of $3,386,987 for the same period ended December 31, 1999.

Total
operating expenses for the twelve months ended December 31, 2000 were
$7,370,979, as restated from $6,562,830, compared to total operating expenses of
$4,668,795 for the same period ended December 31, 1999. Our general and
administrative expenses for the twelve months ended December 31, 2000 were
$2,532,185, as restated from $1,724,036, compared to general and administrative
expenses of $928,761 for the same period ended December 31, 1999. The increase
in operating expenses, as restated, and the increase in general and
administrative expenses, as restated, are directly attributable to our write off
of the software in the Allegro transaction. Our loan origination costs increased
for the twelve months ended December 31, 2000 to $4,025,835 compared to loan
origination costs of $3,501,981 for the same period ended December 31, 1999. Our
interest expense increased for the twelve months ended December 31, 2000 to
$812,959 compared to interest expense of $238,033 for the same period ended
December 31, 1999. The major components of operating expenses are independent
contractor fees, office salaries and associated payroll costs, general and
health insurance costs, rent and telephone expenses.

As
a result, we had a net loss of $2,194,219, as restated from $1,386,070, for the
twelve months ended December 31, 2000, compared to $1,269,058 for the same
period ended December 31, 1999. The net loss per share for the twelve months
ended December 31, 2000 was $0.14 per share, as restated from $0.09 per share,
compared to a net loss of $0.50 per share for the same period ended December 31,
1999. We had significantly more shares outstanding at December 31, 2000.

As
previously stated in our original Form 10-KSB filing, the principal portion of
our net loss came as a result of increased interest expense and general and
administrative costs. We have discontinued the operations of our Focvs ASP and
believe that we will see significant cost savings as a result. We plan to put
our emphasis on our core mortgage origination operations and associated
activities. We believe that we could achieve profitability during the last half
of the fiscal year ended December 31, 2001.

---

Liquidity
and Capital Resources

As
of December 31, 2000, we had cash or cash equivalents of $108,119, compared to
cash or cash equivalents of $64,567 as of December 31, 1999.

Net
cash used by operating activities for us was $986,770 as restated, compared to
$160,621, for the twelve months ended December 31, 2000, compared to net cash
used of $2,826,569 for the twelve months ended December 31, 1999.

Cash
flows provided by investing activities was $24,067 as restated, compared to
($784,082), for the twelve months ended December 31, 2000, compared to
($463,555) for the twelve months ended December 31,1999. Most of the funds in
2000 were spent in connection with the Focvs operations.

Cash
flows from financing activities accounted for $988,255 for the twelve months
ended December 31, 2000, compared to $3,324,977 for the twelve months ended
December 31, 1999. We had several small private placements of common shares
during the twelve months ended December 31, 2000.

Our
current cash and cash equivalents were not sufficient to completely meet our
business plan objectives, particularly the funding of our mortgage origination
program, as of the filing of original Form 10-KSB. Our accountants have raised
an issue about our ability to continue as a going concern unless we are able to
generate sufficient cash flows to meet our obligations and maintain operations.
However, our mortgage business remained profitable and increased in
profitability through the end of the December 31, 2001 fiscal year. Our
accountants have not raised an issue about our ability to continue as a going
concern in our financial statements for the fiscal year ended December 31, 2001.
We plan to put most of our emphasis on this business in the next fiscal year.

We
do not intend to pay dividends in the foreseeable future.

Item 7. Financial
Statements.

---

# INDEPENDENT
AUDITORS REPORT

Board of Directors
Entrust Financial Services, Inc.
Denver, CO

We have audited the
accompanying consolidated balance sheet of Entrust Financial Services, Inc. and
its subsidiary as of December 31, 2000 and 1999, and the related consolidated
statements of operations, cash flows, and stockholders equity for the
years then ended. These financial statements are the responsibility of the
Companys management. Our responsibility is to express and opinion on these
financial statements based on our audits.

We conducted our audits in
accordance with generally accepted auditing standards. Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatements. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our
audits provide a reasonable basis for our opinion.

In our opinion, the
consolidated financial statements referred to above present fairly, in all
material respects, the financial position of Entrust Financial Services, Inc.
and its subsidiary as of December 31, 2000 and 1999, and the results of their
operations and their cash flows for the years then ended in conformity with
generally accepted accounting principles.

The accompanying financial
statements have been prepared assuming the Company will continue as a going
concern. As discussed in Note 11, conditions exist which raise substantial doubt
about the Companys ability to continue as a going concern unless it is
able to generate sufficient cash flows to meet its obligations and sustain its
operations. Managements plans in regard to these matters are also
described in Note 11. The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.

/s/ Michael Johnson & Co., LLC
Denver, CO
April 13, 2001
March 27, 2002

---

# ENTRUST
FINANCIAL SERVICES, INC.
Consolidated Balance Sheet
For the Year Ended December 31,

`(Restated)
                                                                2000            1999
                                                                ----            ----
ASSETS:

Current assets:
    Cash ..............................................   $    108,119    $     64,567
    Accounts Receivable ...............................        277,203         404,339
    Note Receivable - Note 2 ..........................        265,512         279,937
    Loans Receivable ..................................      6,871,880      12,166,187
                                                          ------------    ------------

          Total current assets ........................      7,522,714      12,915,030
                                                          ------------    ------------

Fixed assets - Note 1
   Computers & Equipment ..............................        208,410         206,578
   Furniture & Fixtures ...............................        230,070         255,969
   Leasehold Improvements .............................         12,424          12,424
                                                          ------------    ------------
       Total fixed assets .............................        450,904         474,971
          Less accumulated depreciation ...............       (119,133)        (50,005)
                                                          ------------    ------------

               Net fixed assets .......................        331,771         424,966
                                                          ------------    ------------

Other assets:
     Prepaid Expenses .................................        116,593          41,181
    Marketable Security ...............................        175,500         148,000
    Title Co. Advances ................................        124,347         112,900
    Intangible Assets .................................      1,865,641       1,865,641
    Deposit ...........................................         13,495          13,028
                                                          ------------    ------------
                                                             2,295,576       2,180,750
       Less Amortization ..............................       (185,406)        (73,689)
                                                          ------------    ------------

           Total other assets .........................      2,110,170       2,107,061
                                                          ------------    ------------

TOTAL ASSETS ..........................................   $  9,964,655    $ 15,447,057
                                                          ============    ============
LIABILITIES AND EQUITY

Current liabilities:
    Accounts payable ..................................   $    381,650    $    151,308
    Accrued Expenses ..................................         17,711          97,254
    Note Payable - Note 3 .............................        113,688          94,104
    Current portion - Long term debt ..................         40,000            --
    Loan Payable ......................................         67,982            --
    Debenture Payable .................................           --           500,000
    Warehouse Line Payable - Note 8 ...................      6,682,874      11,974,835
                                                          ------------    ------------

        Total current liabilities .....................      7,303,905      12,817,501
                                                          ------------    ------------

Long-Term debt ........................................         60,000            --
                                                          ------------    ------------

Stockholder's equity:
    Preferred stock, $.0000001 Par Value
    1,000,000 Shares Authorized. None Issued ..........           --              --

    Common stock, $.0000001 Par Value
    50,000,000 Shares Authorized,  18,554,927 were
    issued and outstanding for 2000 and 13,662,000
    were issued and outstanding for 1999 ..............              1               1

    Additional Paid-In Cash ...........................      6,134,672       3,969,259
    Retained Earnings (Deficit) .......................     (3,533,923)     (1,339,704)
                                                          ------------    ------------

          Total Stockholders' Equity ..................      2,600,750       2,629,556
                                                          ------------    ------------

TOTAL LIABILITIES & STOCKHOLDER'S EQUITY: .............   $  9,964,655    $ 15,447,057
                                                          ============    ============`

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

---

# ENTRUST
FINANCIAL SERVICES, INC.
Consolidated Statement of Operations

`(Restated)                        (Restated)
                                                                           Year           Year
                                   Entrust Financial  Entrust Mortgage     Ended          Ended
                                     December 31,       December 31,    December 31,   December 31,
                                         2000              2000             2000           1999
                                   -----------------  ----------------  ------------  -------------
REVENUE:
    Loan Origination Fees .........  $      --        $ 4,428,185      $ 4,428,185    $ 3,386,987
    Interest Income ...............        4,604          741,826          746,430          4,421
    Miscellaneous Income ..........           38            2,107            2,145          8,329
                                     -----------      -----------      -----------    -----------

Total Revenue .....................        4,642        5,172,118        5,176,760      3,399,737
                                     -----------      -----------      -----------    -----------

OPERATING EXPENSES:
    Loan Origination Costs ........         --          4,025,835        4,025,835      3,501,981
    Interest Expense ..............       61,943          751,016          812,959        238,033
    General & Administrative ......    2,350,230          181,955        2,532,185        928,781
                                     -----------      -----------      -----------    -----------

Total Operating Expenses ..........    2,412,173        4,958,806        7,370,979      4,668,795
                                     -----------      -----------      -----------    -----------

NET INCOME (DEFICIT) ..............  $(2,407,531)     $   213,312      $(2,194,219)   $(1,269,058)
                                     ===========      ===========      ===========    ===========


NET LOSS PER COMMON SHARE ...........                                  $     (0.14)   $     (0.50)
                                                                       ===========    ===========

WEIGHTED AVERAGE SHARES OUTSTANDING..                                   16,108,463      2,545,716
                                                                       ===========    ===========`

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

---

# ENTRUST
FINANCIAL SERVICES, INC.
STOCKHOLDER'S EQUITY (DEFICIT)
December 31, 2000

`(Restated)
                                    COMMON STOCKS          ADDITIONAL      RETAINED         TOTAL
                                 -------------------        PAID-IN        EARNINGS      STOCKHOLDERS'
                                 Shares       Amount        CAPITAL        (DEFICIT)        EQUITY
                                 ------       ------      ---------        --------      -------------

Issuance of stock for
 cash & services .........     6,953,406    $         1   $   108,510    $      --      $   108,511
Net loss for year ........          --             --            --           (3,080)        (3,080)
                             -----------   -----------    -----------    -----------    -----------
Balance December 31, 1997      6,953,406              1       108,510         (3,080)       105,431
                             -----------   -----------    -----------    -----------    -----------
Issuance of stock for cash        12,900           --          10,750           --           10,750
Stock cancelled ..........        (7,500)          --          (6,250)          --           (6,250)
Issuance of stock for cash        49,995           --          24,998           --           24,998
Net loss for year ........          --             --            --          (67,566)       (67,566)
                             -----------   -----------    -----------    -----------    -----------
Balance December 31, 1998      7,008,801              1       138,008        (70,646)        67,363
                             -----------   -----------    -----------    -----------    -----------
Issuance of stock
 for acquisition .........     5,100,000           --       2,889,412           --        2,889,412
Issuance of stock for cash     1,253,199           --         891,839           --          891,839
Issuance of stock
 for services ............       300,000           --          50,000           --           50,000
Net loss for year ........          --             --            --       (1,269,058)    (1,269,058)
                             -----------   -----------    -----------    -----------    -----------
Balance December 31, 1999     13,662,000              1     3,969,259     (1,339,704)     2,629,556
                             -----------   -----------    -----------    -----------    -----------

Issuance of stock
 for services ............       745,000           --         126,650           --          126,650
Issuance of stock for cash     1,091,664           --         700,000           --          700,000
Issuance of stock for
 repayment of Debenture ..     2,856,263           --         500,000           --          500,000
Issuance of stock
 for acquisition .........       200,000           --         838,763           --          838,763
Net loss for year ........          --             --            --       (2,194,219)    (2,194,219)
                             -----------   -----------    -----------    -----------    -----------
Balance December 31, 2000     18,554,927    $         1   $ 6,134,672    $(3,533,923)   $ 2,600,750
                             ===========   ===========    ===========    ===========    ===========`

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

---

# ENTRUST
FINANCIAL SERVICES, INC.
Consolidated Statement of Cash Flow
For the Year Ended December 31,

`(Restated)
                                                             2000          1999
                                                             ----          ----
Cash Flows from Operating Activities:
    Net Loss ........................................   $(2,194,219)   $(1,269,058)
    Adjustments to reconcile net loss to net cash
        used for operating activities
    Depreciation and Amortization ...................       180,845        121,411
    Stock issued for services .......................       126,650         50,000

Changes in Assets & Liabilities:

    Notes Receivable ................................        14,425       (279,937)
    Accounts Receivable .............................       127,136       (404,339)
    Loans Receivable ................................     5,294,307       (191,352)
    Deposits ........................................          (467)       (11,202)
    Accounts Payable ................................       230,342        150,966
    Notes Payable ...................................       119,584         71,604
    Loans Payable ...................................    (5,291,961)          --
    Debenture .......................................       500,000        500,000
    Intangibles .....................................          --       (1,865,641)
    Accrued Expenses ................................       (75,412)       300,979
                                                        -----------    -----------

Net Cash Provided by Operating Activities ...........      (968,770)    (2,826,569)
                                                        -----------    -----------
Cash Flows from Investing Activities:

    Retirement of Fixed Asset .......................        24,067           --
    Capital Expenditures ............................          --         (463,555)
                                                        -----------    -----------
Net Cash Used for Investing Activities ..............        24,067       (463,555)
                                                        -----------    -----------
Cash Flows from Financing Activities:
    Issuance of Common Stocks .......................       988,255      3,274,977
                                                        -----------    -----------

Net Cash Provided by Financing Activities ...........       988,255      3,274,977
                                                        -----------    -----------

Net Increase (Decrease) in Cash & Cash Equivalents ..        43,552        (15,147)

Cash & Cash Equivalents at Beginning of Period ......        64,567         79,714
                                                        -----------    -----------

Cash & Cash Equivalents at End of Period ............   $   108,119    $    64,567
                                                        ===========    ===========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash Paid During the Year for:
    Interest ........................................   $    61,943    $    14,567
                                                        ===========    ===========
    Income Taxes ....................................   $      --      $      --
                                                        ===========    ===========
NON-CASH TRANSATIONS
    Common stock issued in exchange for services ....   $   126,650    $    50,000
                                                        ===========    ===========`

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

---

# ENTRUST
FINANCIAL SERVICES, INC.
Notes to Financial Statements
December 31, 2000

## Note 1 
Organization and Summary of Significant Accounting Policies:

## Organization
 Nature of Operations

The Company was formed on
November 8, 1996, and incorporated under the laws of the State of Colorado. The
Company spent several months of preparation and research before beginning formal
operations on March 10, 1997. No financial transactions occurred in 1996. The
Company is primarily engaged in mortgage banking. The name of the Company has
been changed to Entrust Financial Services, Inc. as of April 6, 2001.

The Company is a Colorado
Corporation organized for the purpose of developing and maintaining the business
associated with mortgage banking. The Companys name has been approved by
the State of Colorado division of banking. The Company is an approved banker,
which has a correspondent relationship with several large wholesale banks. On
April 30, 1999 the Company purchased 100% of Entrust Mortgage, Inc. for eight
hundred thousand shares of restricted 144 common stock. Entrust Mortgage, Inc.
became a wholly owned subsidiary of Centennial Banc Share Corp. and is included
in these consolidated financial statements utilizing the purchase method of
accounting.

Entrust Mortgage, Inc. was
incorporated under the laws of the State of Colorado on March 4, 1999. The
Company originates residential loans in over thirty states and sells them to
investors.

The Company originates
residential real estate loans and assigns them to various lenders. The Company
receives fees from borrowers and yield spread premiums on loans sold to lenders.
Management believes that the Company is not economically dependent on any one
lender because the Company does assign loans to numerous lenders and has ability
to select lenders for assignment.

The Company has entered
into various loan purchase and sale agreements. The Company acts as a loan
correspondent for lenders for certain loans closed and funded by the company and
sold to the lenders. The transfers of the mortgage loans that are subject to
these agreements are subject to the warranties, representations and provisions
in the agreement. Certain lenders have the right to require the Company to
repurchase a mortgage loan for any of the following reasons: (a) if a
representation and warranty given by the Company as to a particular mortgage
loan is breached, (b) if there has been a breach of any other terms and
conditions of the agreement, and (c) if final post-closing documentation is
improper or incomplete after a reasonable period of time, the determination of
which is at the banks discretion. At the lenders option, the Company
shall be required either promptly to cure such a breach in all material respects
or to repurchase the mortgage loan at a price equal to the following: The
principle balance of the mortgage loan plus interest at the mortgage loan rate
from the date to which the interest has last been paid to the date of
repurchase.

In December 2000, we
purchased certain selected assets, customers and software from Allegro Software,
Inc. (a private company). This was an asset purchase agreement represented by
the issuance of two hundred thousand shares of Common Capital Stock of
EasyQual.Com, Inc in exchange for the purchased assets.

---

# ENTRUST
FINANCIAL SERVICES, INC.
Notes to Financial Statements
December 31, 2000

## Note 1 
Organization and Summary of Significant Accounting Policies (Cont):

## Capital
Stock Transactions

The authorized capital
stock of the corporation is 50,000,000 shares of common stock at $.0000001 and
1,000,000 shares of preferred stock at $.0000001 par value. No preferred stock
has been issued.

Cash and
Cash Equivalents:

The Company considers all
highly liquid debt instruments, purchased with an original maturity of ninety
(90) days or less, to be cash equivalents.

## Concentration
of Credit Risk

Financial instruments,
which potentially subject the Company to concentration of credit risk, consist
primarily of mortgage notes receivable. The Company grants credit to mortgage
borrowers nationwide. Concentrations of credit with respect to trade receivables
are limited due to the large number of customers comprising the Companys
customer base and the fact that the commissions and fees paid to the Company are
remitted to the Company within a short period after the closing. As of December
31, 2000, the Company has no significant concentrations of credit risk with
regard to these financial instruments.

## Pervasiveness
of Estimates

The preparation of a
financial statement in conformity 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 statement. Actual
results could differ from those estimates.

## Geographic
Area of Operations and Interest Rates

The Company originates residential
loans in over thirty states and most geographic areas of the United States. The
potential for severe financial impact which can result from negative effects of
economic conditions within the market of geographic areas are limited due to the
Companys diverse geographic originations. The interest rates at
which borrowers can refinance or obtain new financing for real estate acquired
has a direct effect on the demand for the Companys services. Changes in
interest rates could result in potential severe impacts on future operations of
the Company.

---

# ENTRUST
FINANCIAL SERVICES, INC.
Notes to Financial Statements
December 31, 2000

## Note 1 
Organization and Summary of Significant Accounting Policies (Cont):

## Property and
Equipment

Property and equipment is
stated at cost. The cost of ordinary maintenance and repairs is charged to
operations while renewals and replacements are capitalized. Depreciation is
computed on the straight line method over the following estimated useful
lives:

`Furniture and fixtures                      7 years
    Computers & Equipment                       5 years
    Leasehold Improvements                      7 years`

## Intangible
Assets

Intangible assets consist
of the following at December 31, 2000:

`Estimated Useful Life
                                                 ---------------------
    Client Contracts              1,200,000             20 years
    Corporate Set-up                 65,641              7 years
    Technology Rights               200,000             10 years
    State Approvals                 400,000             40 years`

Intangible assets
represents the excess of acquisition costs over the fair market value of the net
assets of acquired business and is being amortized on a straight-line basis over
their estimated useful lives ranging from seven to forty years. In accordance
with APB 17, Intangible Assets, the Company continues to evaluate
the amortization period to determine whether events or circumstances warrant
revised amortization periods. Additionally, the Company considers whether the
carrying value of such assets should be reduced based on the future benefits of
its intangible assets.

## Revenue
Recognition:

Premiums, discounts and
loan fees on warehouse loans held for sale are recognized as income when the
related loans are sold. Premiums, yield spreads and loan fees on other loans are
recognized when earned.

## Fair value
of Financial Instruments

The carrying amount of
cash, accounts receivable, accounts payable and accrued expenses are considered
to be representative of their respective fair values because of the short-term
nature of these financial instruments. The carrying amount of the notes payable
are reasonable estimates of fair value as the loans bear interest based on
market rates currently available for debt with similar terms.

The fair value estimates
presented herein are based on relevant information available to management as of
December 31, 2000. Management is not aware of any factors that would
significantly affect these estimated fair value amounts.

---

# ENTRUST
FINANCIAL SERVICES, INC.
Notes to Financial Statements
December 31, 2000

## Note 2 -
Notes Receivable

Notes receivable as of
December 31, 2000 consist of the following:

`Note receivable from EMB Mortgage dated 1/21/98 with an
  interest rate of prime plus 4.25% annually.  Payable upon demand.   $100,000

  Note receivable from EMB Mortgage dated 3/18/99 with no
  interest.  Payable upon demand.                                       90,512

  Note receivable from DC Holding dated 12/22/2000 with no
  interest.  Payable by 6/30/2001                                       75,000
                                                                      --------

          Total Notes Receivable                                      $265,512
                                                                      ========`

## Note 3 - Note
Payable

Notes payable as of
December 31, 2000 consist of the following:

`Note payable to Harsh Development dated Aug. 24, 1999.  With an
  annual interest rate of 24% with a maturity date of Feb. 23, 2001.  $ 50,000

  Note payable to Scott Sax and Patricia Saunders dated June, 2000.
  With no interest and payable upon demand.                             40,468

  Note payable to Jerry Burden dated April 20, 2000.  With 13 1/2%
  interest payable April 3, 2002.                                      100,000

  Note payable to Jerry Burden dated April 20, 2000.  With 10%
  interest payable July 30, 2001.                                       23,220
                                                                      --------

          Total notes payable                                         $213,688
                                                                      ========`

## Note 4 
Officers Compensation

During the organization
meeting of the corporation 1,107,500 shares of common stock were issued to the
officers and directors of the Company at par value for past service rendered.

## Note 5 
Impact of Recently Issued Accounting Standards

SFAS No. 131 requires
disclosure of certain information regarding operating segments, products, and
services, geographic areas of operation and major customers. SFAS No. 134
accounting for mortgage-backed securities retained after the securitization of
mortgage loans held for sale by a mortgage banking enterprise. Adoption of these
statements is expected to have no impact on the Companys financial
position, results of operation, or cash flows.

---

# ENTRUST
FINANCIAL SERVICES, INC.
Notes to Financial Statements
December 31, 2000

## Note 6 - Marketable
Security

The Company owns 200,000
shares of EMB Corp. common stock; a NASDAQ bulletin board company traded under
EMBU. The shares were issued on December 23, 1997, and were subject to Rule 144
of the Securities Act of 1933. The shares are listed at their fair market value,
which is the initial cost basis of the security. The Company also owns 10,000
shares of Sea View Underwater Research, Inc. with a fair market value of $2.75
per share as of December 31, 2000.

## Note 7 
Commitments

The Company leases
its offices under long-term leases that are accounted for as operating
leases. Future minimum rental payments on all non-cancelable operating leases
with initial or remaining lease terms in excess of one year are as follows:

`Year Ending                   Amount
                  -----------                   ------

                  March 12, 2001               $ 157,068
                  March 12, 2002                 157,068
                                               ---------
                                               $ 314,136
                                               =========`

## Note 8 
Income Taxes

Significant components of
the Companys deferred tax liabilities and assets are as follows:

`Deferred Tax Liability                      $         0
                                               ===========
   Deferred Tax Assets
      Net Operating Loss Carryforwards         $ 3,533,923
      Less Valuation Allowance                  (3,533,923)
                                               -----------
   Total Deferred Tax Assets                   $         0
                                               ===========
   Net Deferred Tax Liability                  $         0
                                               ===========`

As of December 31, 2000,
the Company had a net operating loss carryfoward for federal tax purposes
approximately equal to the accumulated deficit recognized for book purposes,
which will be available to reduce future taxable income. The full realization of
the tax benefit associated with the carryforward depends predominantly upon the
Companys ability to generate taxable income during the carryforward
period, Because the current uncertainty of realizing such tax assets in the
future, a valuation allowance has been recorded equal to the amount of the net
deferred tax asset, which caused the Companys effective tax rate to differ
from the statutory income tax rate. The net operating loss carryforward, if not
utilized, will begin to expire in the year 2013.

---

# ENTRUST
FINANCIAL SERVICES, INC.
Notes to Financial Statements
December 31, 2000

## Note 9 
Loans Receivable and Warehouse Line Payable

Loan receivable represents
loans that have been placed for purchase as of December 31, 2000. The Warehouse
Line Payable is the amount of money set aside to finance these Loans receivable.
These items are offset items.

## Note 10 
Legal Proceedings

We have a pending lawsuit
in connection with our acquisition of the assets of Vision One Technologies,
Inc. The case has been deferred pending the outcome of criminal actions
pertaining to one of the defendendants.

## Note 11 
Going Concern

The accompanying financial
statements have been prepared in conformity with generally accepted accounting
principles, which contemplates continuation of the Company as a going concern.
However, the Company has sustained a substantial operation loss this year. As
shown in the financial statements, the Company incurred a net loss of $2,194,219
for 2000 and $1,269,058 for 1999. These factors indicate that the Company has
substantial doubt about its ability to continue as a going concern. The
financial statements do not include any adjustments relating to the
recoverability and classification of recorded assets and classification of
liabilities that might be necessary in the event the Company cannot continue in
existence.

In view of these matters,
realization of a major portion of the assets in the accompanying balance sheet
is dependent upon continued operations of the Company, which in turn is
dependent upon the Companys ability to meet its financial requirements,
and the success of its future operations. Management believes that actions
presently being taken to revise the Companys operating and financial
requirements provide the opportunity for the Company to continue as a going
concern.

## Note 12 
Restated Financials

These financials have been restated
for the following reason. In November 2000 Allegro Software was purchased with
the intent of using the business in conjunction with Focvs Technologies
division. In December 2000 a decision was reached to discontinue the Focvs
Technologies division and at that time the purchase of this Software should have
been written off.

---

Item 8. Disagreements
With Accountants on Accounting and Financial Disclosure.

We
did not have any disagreements on accounting and financial disclosures with our
present accounting firm during the reporting period.

PART III

Item 9. Directors,
Executive Officers, Promoters, and Control Persons; Compliance with Section
16(a) of the Exchange Act.

The
Directors and Executive Officers of the Company, their ages and positions held
in the Company as of December 31, 2000 are as follows:

`NAME                        AGE              POSITION HELD

James Saunders               52              Chairman and Director

Scott J. Sax                 31              President and Director

Patricia W. Saunders         52              Secretary, Treasurer, Director

Richard M. Muller            48              Director

Matthew Connolly             47              Director`

Our
Directors will serve in such capacity until the next annual meeting of our
shareholders and until their successors have been elected and qualified. The
officers serve at the discretion of our Directors. Scott Sax is the son-in-law
of James Saunders and Patricia W. Saunders. James Saunders and Patricia W.
Saunders are husband and wife. Otherwise, there are not any arrangements or
understandings between any of our directors or officers or any other person
pursuant to which any officer or director was or is to be selected as an officer
or director.

James
Saunders

Mr.
Saunders has been our Chairman and a Director since 2000. He has been involved
with the mortgage industry since 1981 and has served as managing director of
both large retail and wholesale mortgage companies including Southern Network
Mortgage, Express Mortgage, Equityline Financial Services, Inc., and EMB
Mortgage. He has developed large commercial and residential real estate projects
and has served as President of three different Kiwanis International chapters.
Mr. Saunders has a University College Degree from the University of Florida.

Scott
J. Sax

Mr.
Sax has been our President and a Director since 1999. He has been involved with
us through Entrust Mortgage since 1999 and has also been the President of
Entrust Mortgage during this period. From 1997 to 1999, he was Operations
Manager of EMB Mortgage Corp., a private mortgage company. From 1993 to 1997, he
was an officer of Investment Consultants, Inc., which did business as Equityline
Financial Services, Inc. Mr. Sax as a B.S. degree in Management from Georgia
Institute of Technology.

Patricia
W. Saunders

Ms.
Saunders has been our Secretary-Treasurer and a Director since 1999. She has
been involved with us through Entrust Mortgage since 1999 and has also been the
broker compliance manager of Entrust Mortgage during this period. From 1993 to
1999, she was President of Investment Consultants, Inc., which did business as
Equityline Financial Services, Inc. From 1987 to 1992, she was President of
Administrative and Management Consulting Services, Inc. Ms. Saunders has a B.S.
degree in Marketing from the University of Florida.

---

Richard
M. Muller

Mr.
Muller has been a Director since 1999. From 1999 to the present, he has been the
Chief Financial Officer of Isotec, Incorporated, a Colorado security systems
company. From 1986 to the present, he has involved in various capacities with
Denora Corporation, a private multi-national investment company. Mr. Muller has
a B.S. degree in Business Administration from the University of
Colorado.

Matthew
Connolly

Mr.
Connolly has been a Director since 2000. He is a Certified Public Accountant. In
the 1970s, he became involved with the accounting firm of Kaufman, Rossin,
and Company. For more than the past five years, he has had his own accounting
firm. He has extensive experience with public companies and profession
qualifications in strategic planning, finance, budgeting, as well as public
company operations and valuations. Mr. Connolly has a BS degree in Accounting
from Northern Arizona University.

The
Board of Directors has established no committees. Members of the Board of
Directors receive no additional compensation for their service on the Board of
Directors.

Compliance with Section
16(a) of the Securities Exchange Act of 1934.

Section
16(a) of the Securities Exchange Act of 1934 (the 34 Act) requires
our officers and directors and persons owning more than ten percent of the our
Common Stock, to file initial reports of ownership and changes in ownership with
the Securities and Exchange Commission (SEC). Additionally, Item 405
of Regulation S-B under the 34 Act requires us to identify in its Form 10-KSB
and proxy statement those individuals for whom one of the above referenced
reports was not filed on a timely basis during the most recent fiscal year or
prior fiscal years. Given these requirements, we have the following report to
make under this section.No filings were required of our Officers or
Directors in the last fiscal year.

Item 10. Executive
Compensation.

The
following table sets forth the Summary Compensation Table for the Chief
Executive Officer and the other compensated executive officers other than the
Chief Executive Officer who were serving as executive officers at the end of the
last three completed fiscal years. Except as indicated in the footnotes to this
section, no other compensation not covered in the following table was paid or
distributed by the Company to such persons during the period covered. Employee
Directors receive no additional compensation for service on the Board of
Directors.

---

# SUMMARY
COMPENSATION TABLE

`Annual Compensation                Long Term Compensation
                            -------------------                ----------------------
                                               Awards                  Payouts
                                       --------------------    ----------------------
Name                                              Other        Restricted      All
 and                       Salary      Annual     Stock(1)(3)     LTIP        Other
Principal(1)(2)(3)         Compen-      Bonus     Compen-         Award(s)    Options/
Position           Year    sation($)     ($)      sation ($)
-----------------  ---     --------    -------   -----------   -----------   ---------

James              2000     $154,038     --          --            --            --
Saunders
Chairman(1)

Scott J.           2000     $154,823     --          --            --
Sax                1999       52,500
President(2)       1998        -0-       --          --            --           --

Patricia W.        2000     $ 34,097     --          --            --           --
Saunders           1999       20,769
Treasurer(2)       1998        -0-       --          --            --           --

J. Dean            2000        -0-       --          --            --           --
Burden             1999       13,080
President(3)       1998       59,259`

|(1) | Mr. Saunders became an officer in 2000.
|--- | ---------------------------------------

|(2) | Mr. Sax and Ms. Saunders became officers in 1999.
|--- | -------------------------------------------------

|(3) | Mr. Burden resigned from all offices in 1999.
|--- | ---------------------------------------------

We
have no compensation committee, retirement, pension, sharing, stock option,
insurance or other similar programs but plan to establish such programs in the
future, although there are no definitive plans to do so at this time.

Item 11. Security
Ownership of Certain Beneficial Owners and Management.

The
following sets forth the number of shares of our $.0000001 par value common
stock beneficially owned by (i) each person who, as of March 14, 2000, was known
by us to own beneficially more than five percent (5%) of its common stock; (ii)
our individual Directors; and (iii) our Officers and Directors as a group. As of
March 14, 2001, there were 20,654,927 common shares issued and outstanding.

---

`Name and Address           Amount and Nature of           Percent of
of Beneficial Owner        Beneficial Ownership (1)(2)      Class
-------------------        --------------------------     ----------
James Saunders                       -0-                     -0-
6795 E. Tennessee Ave.
Fifth Floor
Denver, Colorado 80224

Scott J. Sax                     3,150,000(3)               15.25%
6795 E. Tennessee Ave.
Fifth Floor
Denver, Colorado 80224

Patricia W. Saunders             3,150,000(4)               15.25%
6795 E. Tennessee Ave.
Fifth Floor
Denver, Colorado 80224

Richard M. Muller                   16,666                    .08%
6795 E. Tennessee Ave.
Fifth Floor
Denver, Colorado 80224

Matthew Connolly                     -0-                     -0-
6795 E. Tennessee Ave.
Fifth Floor
Denver, Colorado 80224

Officers and Directors           6,316,667                  30.58%
as a Group (5 Persons)`

|(1) | All ownership is beneficial and of record, unless indicated otherwise.
|--- | ----------------------------------------------------------------------

|(2) | Beneficial owner listed above has sole voting and investment power with respect
to the shares shown, unless otherwise indicated
|--- | -------------------------------------------------------------------------------------------------------------------------------

|(3) | Includes 3,000,000 shares owned of record. In addition, 150,000 shares are owned
in the name of the S&J Trust.
|--- | --------------------------------------------------------------------------------------------------------------

|(4) | Includes 1,470,000 shares owned of record. In addition, 1,680,000 shares owned
in the name of the Investors Trust, for which Ms. Saunders is a beneficial
owner. Mr. Saunders disclaims any beneficial ownership of all of these
shares.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Item 12. Certain
Relationships and Related Transactions.

We
have a note payable of $40,468 to Mr. Scott Sax and Patricia Saunders. This note
has no interest rate but is payable upon demand.

---

PART IV

Item 13. Exhibits and
Reports on Form 8-K.

(a) The
following financial information is filed as part of this report:

|(1) | Financial Statements
|--- | --------------------

|(2) | Schedules
|--- | ---------

|(3) | Exhibits. The following exhibits required by Item 601 to be filed
herewith are incorporated by reference to previously filed
documents:
|--- | ---------------------------------------------------------------------------------------------------------------------------------------

`Exhibit No.          Description
----------           -----------
+  3A       Articles of Incorporation

+  3B       Bylaws

+  3C       Articles of Amendment to change name to easy Qual.com, Inc.

+  3D       Articles of Amendment to change name to Entrust Financial
            Services, Inc.

+ 10A       Asset Purchase Agreement with Allegro Software, Inc.

+ 10B       Employment Agreement with Mr. Edward Nichols`

+ Previously Filed.

(b) Reports
on Form 8-K. The Company filed no reports on Form 8-K during the fourth
quarter of the fiscal year ended December 31, 2000.

---

# SIGNATURES

In
accordance with Section 13 or 15(d) 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.

Entrust
Financial Services, Inc.
    
            
             
             
             
             
            
          
            formerly
known as easyQual.com, Inc.

Dated: 4/05/02      
             
             
             
          
            By:/s/ Scott J. Sax
    
            
             
             
             
             
            
            
          
            Scott J. Sax
    
            
            
             
             
             
             
            
          
            President
and Director

Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been
signed below by the following persons on behalf of the Registrant and in the
capacities and on the dates indicated.

Dated: 4/05/02      
             
             
             
          
            By:/s/ James Saunders
    
            
             
             
             
             
            
            
          
            James
Saunders
    
            
            
             
             
             
             
            
          
            Chairman
and Director
    
            
             
             
            
          
            
          
           
          
             
           
             
            
 
Dated: 4/05/02      
             
             
             
          
            By:/s/ Patricia W. Saunders
    
            
             
             
             
             
            
            
          
            Patricia W. Saunders
    
            
            
             
             
             
             
            
          
            Chief
Financial and Accounting Officer
    
            
            
             
             
             
             
            
          
            Director
    
            
             
             
            
          
            
          
           
          
             
           
             
            
 
Dated: 4/05/02      
             
             
             
          
            By:/s/ Richard M. Muller
    
            
             
             
             
             
            
            
          
            Richard M. Muller
    
            
            
             
             
             
             
            
          
            Director

---

SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.  20549
FORM 10-KSB
EXHIBITS
TO
Entrust Financial Services, Inc.
formerly known easyQual.com, Inc.

---

INDEX TO
EXHIBITS

`Exhibit No.          Description
----------           -----------
+  3A       Articles of Incorporation

+  3B       Bylaws

+  3C       Articles of Amendment to change name to easy Qual.com, Inc.

+  3D       Articles of Amendment to change name to Entrust Financial
            Services, Inc.

+ 10A       Asset Purchase Agreement with Allegro Software, Inc.

+ 10B       Employment Agreement with Mr. Edward Nichols`

---