<PAGE>


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


                                   FORM 10-QSB


                              [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, 2000
                          Commission File No. 000-26828



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




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


                             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)



         Check whether the registrant (1) 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, 2000, 5,650,000 shares of common stock were
outstanding.



<PAGE>

                                MORO CORPORATION
                           CONSOLIDATED BALANCE SHEETS


<TABLE>
<CAPTION>


                                     ASSETS

                                                                       September 30,           December 31,
                                                                            2000                   1999
                                                                      ---------------           ------------
                                                                      (Unaudited)
<S>                                                                   <C>                      <C>

Current assets:
    Cash                                                               $    339,043
    Accounts receivable                                                   1,883,067
    Inventory                                                               515,708
    Other current assets                                                     32,511
                                                                       ------------
          Total current assets                                            2,770,329

Property and equipment, net                                                 294,970

Deposits                                                                     11,653
                                                                       ------------

                                                                         $3,076,952               $        .
                                                                         ==========               ==========




                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
    Line of credit                                                       $  821,000
    Notes payable                                                           221,678               $   50,000
    Accounts payable                                                        722,191
    Accrued expenses                                                         84,566                    1,674
    Income taxes payable                                                    164,993                        .
                                                                         ----------               ----------
          Total current liabilities                                       2,014,428                   51,674
                                                                         ----------               ----------

Long-term debt, net of current portion                                      460,683
                                                                         ----------

Stockholders' equity:
    Common stock,  $.001 par value;  authorized
      25,000,000  shares;  issued and outstanding
      5,000,000 shares at December 31, 1999 and
      5,650,000 shares at September 30, 2000                                  5,650                    5,000
    Additional paid-in capital                                              493,925                   53,825
    Retained earnings (accumulated deficit)                                 102,266                 (110,499)
                                                                         ----------               ----------
                                                                            601,841                  (51,674)
                                                                         ----------               ----------

                                                                         $3,076,952               $        .
                                                                         ==========               ==========

</TABLE>


                 See notes to consolidated financial statements

                                        3


<PAGE>


                                MORO CORPORATION
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>



                                                    Three Months Ended                    Nine Months Ended
                                                      September 30,                          September 30,
                                            --------------------------------           ---------------------

                                                 2000            1999                2000                1999
                                                 ----            ----                ----                ----

<S>                                           <C>                 <C>              <C>                <C>
Sales                                         $  2,660,377                         $5,234,666

Cost of sales                                    1,857,092                          3,585,026
                                               -----------                         ----------

Gross profit                                       803,285                          1,649,640
                                               -----------                         ----------

Operating expenses:
     Selling, general and
      administrative expenses                      573,171                          1,169,383         $   42,736
     Depreciation expense                           15,363                             21,400                  .
                                              ------------   ------------          ----------         ----------
                                                   588,534                          1,190,783             42,736
                                              ------------   ------------          ----------         ----------

Operating income (loss)                            214,751                            458,857            (42,736)

Other income (expense):
     Interest expense                              (44,366)                           (81,099)                 .
                                              ------------   ------------          ----------         ----------

Income (loss) before income taxes                  170,385                            377,758            (42,736)

Provision for income taxes                          80,874                            164,993                  .
                                              ------------   ------------          ----------         ----------

Net income (loss) before
 reorganization items                               89,511                            212,765            (42,736)

Reorganization items                                     .                                  .            771,281
                                              ------------   ------------          ----------         ----------

Net income                                    $     89,511   $                     $  212,765         $  728,545
                                              ============   ============          ==========         =========


Earnings per share -
  basic and diluted                           $        .02             .           $      .04                  .
                                              ============   ============          ==========         ==========

Weighted average shares                          5,387,143             .            5,289,632                  .
                                              ============   ============          ==========         ==========
</TABLE>

                 See notes to consolidated financial statements

                                       4
<PAGE>


                                MORO CORPORATION
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>



                                                                    Nine months Ended       Nine Months Ended
                                                                    September 30, 2000      September 30, 1999
                                                                   -------------------     -------------------

<S>                                                                    <C>                       <C>
Cash flows from operating activities:
Net income                                                             $   212,765               $ 728,545
Adjustment to reconcile net income to
 net cash used by operating activities:
        Common stock issued for services                                    10,000
        Depreciation                                                        21,400
Changes in assets and liabilities:
        Increase in accounts receivable                                   (476,855)
        Increase in inventory                                             (515,708)
        Increase in other current assets                                   (32,511)               (103,627)
        Increase in deposit                                                (11,653)
        Increase (decrease) in accounts payable
         and accrued expenses                                              805,083                (915,422)
        Increase in income taxes payable                                   164,993
                                                                        ----------               ---------
Net cash provided (used) by operating activities                           177,514                (290,504)
                                                                        ----------               ---------

Cash flows from investing activities:
        Purchase of property and equipment                                (316,370)
        Acquisitions, net of cash required                              (1,406,212)
                                                                        ----------
Net cash used by investing activities                                   (1,722,582)
                                                                        ----------

Cash flows from financing activities:
        Issuance of common stock                                           225,000
        Capital contributions                                              205,750
        Proceeds of line of credit                                       1,021,000
        Repayments of line of credit                                      (200,000)
        Proceeds of notes payable                                          644,861                  58,825
        Principal payments of notes payable                                (12,500)
                                                                        ----------               ---------
Net cash provided by investing activities                                1,884,111                  58,825
                                                                        ----------               ---------

Net increase (decrease) in cash                                            339,043                (231,679)

Cash at beginning of period                                                                        231,679
                                                                        ----------               ---------


Cash at end of period                                                   $  339,043               $       0
                                                                        ==========               =========



Supplemental disclosure of non-cash financing activities:
Common stock issued for services                                        $   10,000
                                                                        ==========

</TABLE>
                 See notes to consolidated financial statements

                                       5

<PAGE>


                                MORO CORPORATION
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                           SEPTEMBER 30, 2000 AND 1999
                                   (Unaudited)




NOTE 1 DESCRIPTION OF THE BUSINESS

              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,  which had been a  development  stage  company,  was
              unable to market  its Cafe USA  network to  advertisers,  incurred
              substantial losses and was 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. In July 1998, the assets and operating leases were sold to
              Prime Spot Media U.S.A. for $422,000. 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.

              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.

              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 received 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, and a note payable of $50,000 plus interest
              of 5%.

              At the close of business on March 31, 2000, the Company purchased
              substantially all of the operating assets of J.M. Ahle Co., Inc.,
              a New Jersey corporation ("Ahle") for cash. Ahle is a distributor
              of reinforcing steel to contractors and subcontractors for use in
              the construction of highways, airports, bridges, treatment
              facilities, schools, public facilities, industrial and commercial
              buildings, and other structures.

                                       6
<PAGE>


                                MORO CORPORATION
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 2000 AND 1999
                                   (Unaudited)




NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

              Basis of presentations

              The accompanying unaudited financial statements have been prepared
              in accordance with generally  accepted  accounting  principles for
              interim  financial  information and with the instructions for Form
              10-Q and Article 10 of Regulation  S-X.  Accordingly,  they do not
              include all of the information and footnotes required by generally
              accepted accounting  principles for complete financial statements.
              In the  opinion of  management,  all  adjustments  (consisting  of
              normal  recurring  accruals)   considered  necessary  for  a  fair
              presentation  have been included.  Operating  results for the nine
              months ended September 30, 2000 are not necessarily  indicative of
              the results that may be expected  for the year ended  December 31,
              2000.  The  unaudited  financial  statements  should  be  read  in
              conjunction  with the financial  statements and footnotes  thereto
              included in the Company's  annual report on Form 10-K for the year
              ended December 31, 1999.

              The accompanying unaudited condensed consolidated financial
              statements include the accounts of J.M. Ahle Co., Inc. (100%
              owned). See Note 3. All intercompany transactions have been
              eliminated in consolidation.

              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.

              Cash and cash equivalents

              For purposes of reporting  cash flows,  the Company  considers all
              cash accounts, which are not subject to withdrawal restrictions or
              penalties,  and  certificates of deposit and commercial paper with
              original  maturities  of 90  days  or  less  to be  cash  or  cash
              equivalents.

              Accounts receivable

              The  allowance  for  doubtful  accounts  is based on  management's
              evaluation of  outstanding  accounts  receivable at the end of the
              year. No allowance for doubtful accounts has been provided,  since
              management believes all accounts are collectable.

              Inventory

              Inventory is recorded at the lower of cost or market using the
              first-in, first-out (FIFO) method. As of September 30, 2000,
              inventories consist of raw materials totaling $515,708.

                                       7

<PAGE>


                                MORO CORPORATION
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 2000 AND 1999
                                   (Unaudited)




NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)


              Equipment and depreciation

              Property  and  equipment  are  carried  at cost.  Depreciation  is
              calculated  using the  straight-line  method over their  estimated
              useful lives of seven years.

              Revenue recognition

              Revenue  from  product  sales  is  recognized   upon  shipment  to
              customers.  Provisions for discounts and rebates to customers, and
              returns and other  adjustments are provided for in the same period
              the related sales are recorded.

              Income taxes

              Income  taxes are  provided  for the tax  effects of  transactions
              reported  in  the  financial   statements  and  consist  of  taxes
              currently due plus deferred taxes related primarily to differences
              between the basis of balance  sheet items for financial and income
              tax  reporting.  There is no  difference  between  the  basis  for
              financial and income tax reporting,  thus no deferred tax asset or
              liability was recorded.

NOTE 3 ACQUISITION

              At the close of business on March 31, 2000, the Company purchased
              substantially all of the operating assets of J.M. Ahle Co., Inc.,
              a New Jersey corporation ("Ahle") for cash. Ahle is a distributor
              of reinforcing steel to contractors and subcontractors for use in
              the construction of highways, airports, bridges, treatment
              facilities, schools, public facilities, industrial and commercial
              buildings, and other structures.

              As part of the transaction,  the Company assumed substantially all
              of the known  operating  liabilities  of Ahle.  In  addition,  the
              Company  acquired the assets of Ahle for their net book value plus
              $100,000,  all as set forth in the Asset Purchase  Agreement.  The
              purchase price paid by the Company was $1,406,212.

              The following unaudited pro forma consolidated results of
              operations are presented as if the acquisition of Ahle had been
              made at the beginning of the periods presented. The unaudited pro
              forma information is not necessarily indicative of the results of
              operations that would have occurred had the purchase been made at
              the beginning of the periods presented or the future results of
              the combined operations.

                                       8

<PAGE>


                                MORO CORPORATION
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 2000 AND 1999
                                   (Unaudited)

NOTE 3 ACQUISITION (CONTINUED)
<TABLE>
<CAPTION>
                                                              Nine months ended September 30,
                                                            ----------------------------------
                                                                2000                    1999
                                                            -----------             ----------
<S>                                                         <C>                     <C>
                  Sales                                     $ 7,281,350             $5,996,218
                  Cost of sales                               4,944,522              4,123,692
                                                            -----------             ----------
                  Gross profit                                2,336,828              1,872,526
                  Operating expenses                          1,696,215              1,376,268
                                                            -----------             ----------
                  Operating income                              640,613                496,258
                  Interest expense - net                         79,002
                                                            -----------             ----------
                  Income before income taxes                    561,611                496,258
                  Provision for income taxes                    236,993                208,428
                                                            -----------             ----------
                  Net income                                $   324,618             $  287,830
                                                            ===========             ==========
                  Basic earnings per common share                $  .06                 $  .06
                                                                 ======                 ======
                  Diluted earnings per common share              $  .06                 $  .06
                                                                 ======                 ======
                  Weighted average shares                     5,289,632              5,000,000
                                                            ===========             ==========
</TABLE>

NOTE 4 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.

NOTE 5 DEMAND NOTES PAYABLE, BANK

              The Company has available a $1,250,000  line of credit from a bank
              which accrues interest at prime plus .75% (10.25% at September 30,
              2000). At September 30, 2000 borrowings on the line of credit were
              $821,000. The line of credit is secured by all corporate assets.

NOTE 6 LONG-TERM DEBT
<TABLE>
<CAPTION>
<S>                                                                                         <C>
     Term loan,  bank, due April 1, 2005,  payable in 60 equal monthly  principal and
     interest installments at 9.00%
     annum. Corporate assets are pledged as collateral.                                     $112,500

     Subordinate  term  loan,  due April 1,  2005,  payable  in 60  monthly  interest
     installments at 9.0% per annum.  Principal payable in equal annual  installments
     of $75,000 beginning
     on April 1, 2002. Collateral pledged is equipment.                                      300,000

     Term  loan due April 1, 2002, principal installment of $150,000 is due March 31,
     2001 and bears interest at 8%
     per annum. The remainder is payable in twelve equal
     quarterly installments beginning April 1, 2001 and ending
     April 1, 2004 and bears interest at 8% per annum.                                       219,861

     Note payable, creditors, principal and interest at 5% per
     annum due May 2000.                                                                      50,000
                                                                                            --------
                                                                                             682,361
     Less: current portion                                                                   221,678
                                                                                            --------
                                                                                            $460,683
                                                                                            ========
</TABLE>
                                       9

<PAGE>

                                MORO CORPORATION
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                           SEPTEMBER 30, 2000 AND 1999
                                   (Unaudited)




NOTE 6 LONG-TERM DEBT (CONTINUED)

Maturities of long-term debt are as follows:

                           2000                                $221,678
                           2001                                  47,000
                           2002                                 124,224
                           2003                                 126,658
                           2004                                  87,801
                           2005                                  75,000
                                                              ---------

                                                               $682,361
                                                               ========


NOTE 7 COMMON STOCK

              On March 31, 2000, the Company sold 571,429 shares of common stock
              for $.35 per share for a total of $200,000 and issued 28,571
              shares at $.35 per share in exchange for legal services rendered
              to the Company.

              On August 1, 2000,  the Company sold 50,000 units each  consisting
              of one share of common stock and two  warrants to purchase  common
              stock at $.75 per  share.  Each unit was sold for $.50 per  share.
              The common  stock was recorded at $.495 per share and the warrants
              at $.005 per share. The warrants expire on July 31, 2003.

              The Company's principal  stockholder  contributed $205,750 of cash
              as additional  paid-in  capital.  No  additional  shares of common
              stock were issued in connection with this transaction.

NOTE 8 INCENTIVE STOCK OPTION PLAN

              In 2000, the Company  established  an incentive  stock option plan
              (the  Plan)  and  presently  has  reserved  300,000  shares of the
              Company's  common  stock for  issuance  under  the  Plan.  Options
              granted  pursuant  to  the  Plan  and  contractual  agreements  at
              September  30, 2000 were 60,000 and those  options were granted to
              key employees.  Exercise price is $.75 per common share,  and vest
              over five years.  All  issuances  were  granted at the fair market
              value of the  Company's  common stock at time of grant.  Since the
              Company accounts for its options under APB No. 25, no compensation
              expense was recognized.

              The proforma net increase of the options based on Statement on
              Financial Accounting Standard No. 123 for the three and nine month
              periods ended September 30, 2000 did not significantly differ from
              net income as presented using Black-Scholes methodology with an
              interest rate of 5.6% and 25% volatility.



                                       10



<PAGE>

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

Results of Operations

         During the nine months ended September 30, 2000, the Company had
revenues of $5,234,666, gross profit of $1,649,640, net income of $212,765, and
earnings per share of $.04. All of the revenues for the nine months ended
September 30, 2000 were attributable to the Company's operating subsidiary, J.M.
Ahle Co., Inc. ("Ahle") which was acquired by the Company as of April 1, 2000.

Plan of Operations

         The Company engages in the identification, evaluation and investigation
of prospective business opportunities, and if believed warranted, to acquire
such businesses. As of April 1, 2000, the Company acquired substantially all of
the operating assets of Ahle, a distributor of reinforcing steel to the
construction industry. The Company intends to expand the business of Ahle and to
continue to evaluate and, if appropriate, pursue other potential business
acquisitions.

Liquidity and Capital Resources

         For the nine month period ended September 30, 2000, there was a net
increase in cash of $339,043. This was attributable to the net cash provided by
investing and financing activities of $161,529 and the cash provided by
operating activities of $177,514. As of September 30, 2000, total cash on hand
was $339,043, and working capital was $755,901, of which $515,708 was invested
in inventory.

         The Company financed the purchase of Ahle through a combination of bank
financing, loans and capital contributions from its principal stockholder, and
sales of equity securities of the Company. The Company intends to finance the
operations of Ahle through use of the bank line of credit as well as from funds
generated by the operations of Ahle. The Company believes these financial
resources are adequate to fund the current level of operations.

PART II- OTHER INFORMATION

Item 2. Changes in Securities

         On August 1, 2000, the Company sold 50,000 shares of restricted Common
Stock at $.50 per share and warrants to purchase up to 100,000 shares of Common
Stock to an accredited investor for an aggregate of $25,000. The warrants are
exercisable at any time prior to July 31, 2003 at an exercise price of $.75 per


                                       11

<PAGE>



share. The shares of Common Stock and warrants were issued pursuant to the
exemption from registration set forth in Section 4(2) and Rule 506 promulgated
under the Securities Act of 1933, and constitute restricted securities as such
term is defined under Rule 144 promulgated under the Act. The Company granted to
the investor certain piggyback registration rights in connection with the shares
of Common Stock and the shares of Common Stock underlying the warrants.

         On August 1, 2000, the Company adopted the 2000 Stock Option Plan. The
Plan provides that the Company may issue options to key employees, directors and
consultants, to purchase up to 300,000 shares of Common Stock. In August 2000,
the Company issued fully vested options to acquire up to 60,000 shares of Common
Stock to three key employees. Subject to the specific terms of the Plan, the
options are exercisable at any time prior to July 31, 2005 at an exercise price
of $.75 per share. These options were issued pursuant to the exemption from
registration set forth in Rule 701 promulgated under the Act, and the options
and the shares underlying the options constitute restricted securities as such
term is defined under Rule 144 promulgated under the Act. The options are
intended to qualify as incentive stock options as defined in Section 422 of the
Internal Revenue Code of 1986.

Item 6. Exhibits and Reports on Form 8-K.

         (a) The following Exhibits are filed as part of this Form 10-
QSB:

Exhibit No.                             Description
-----------                             -----------
10.1              2000 Stock Option Plan dated August 1, 2000

10.2              Subscription Agreement between the Company and Greenwood
                  Partners, LLC, dated August 1, 2000

10.3              Greenwood Partners Warrant Certificate dated August 1, 2000

10.4              John Ahle Option Certificate dated August 1, 2000

10.5              Ronald Perlman Option Certificate dated August 1, 2000

10.6              Douglas Ahle Option Certificate dated  August 1, 2000

27                Financial Data Schedule

         (b) During the quarter ended  September  30, 2000,  the Company did not
file any reports on Form 8-K.

                                       12

<PAGE>



                                   SIGNATURES

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

                                            MORO CORPORATION

Date: November 14, 2000                     By: /s/ David W. Menard
                                               --------------------------------
                                               David W. Menard,
                                                  President






                                       13