U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

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

         For the quarterly period ended          September 30, 1999
                                                 ------------------

(  )     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

         For the transition period from ________________  to  _______________


                         Commission file number 1-13478
                                                -------

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

          Nevada                                        88-0320364
------------------------------------           --------------------------------
(State or other jurisdiction of               (IRS Employer Identification No.)
 incorporation or organization)


               6801 Powerline Road, Ft. Lauderdale, Florida 33309
               --------------------------------------------------
                    (Address of principal executive offices)

                                 (954) 970-3553
                                 --------------
                 (Issuer's telephone number including area code)

               ---------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)

Check whether the issuer: (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                        No       X
   ---------------         ----------

The issuer has not filed (i) a report on Form 8-K/A containing the financial
statements required by Item 7 of Form 8-K with respect to the acquisition by the
issuer of QuikLAB Multimedia Centers, Inc. on July 9, 1998; (ii) an annual
report on Form 10-KSB for the year ended December 31, 1998; and (iii) a current
report on Form 8-K with respect to the acquisition by the issuer of
substantially all of the assets of Gallaspy & Lobel, Inc. on August 31, 1999.
The issuer intends to file such reports in the near future.

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date. As of February 28, 2000, the issuer
had outstanding 14,273,736 shares of Common Stock, par value $.002 per share.



<PAGE>



                  QUIKBIZ INTERNET GROUP, INC. AND SUBSIDIARIES

                                                                         Page

Part I.  Financial Information

     Item I. Condensed Consolidated Financial Statements

          Condensed Consolidated Balance Sheets - December 31, 1998 and
          June 30, 1999......................................................3

          Condensed Consolidated Statements of Operations - Three Months
          Ended September 30, 1998 and 1999 and Nine Months
          Ended September 30, 1998 and 1999..................................4

          Condensed Consolidated Statements of Cash Flows - Nine Months
          Ended September 30, 1998 and 1999..................................5

          Notes to Condensed Consolidated Financial Statements...............7

     Item 2. Management's Discussion and Analysis of Financial Condition and
     Results of Operations...................................................8


Part II. Other Information

     Item 1. Legal Proceedings...............................................10

     Item 2.  Changes in Securities and Use of Proceeds......................10

     Item 3.  Defaults Upon Senior Securities................................10

     Item 6.  Exhibits and Reports on Form 8-K...............................10

     Signatures..............................................................11





                                        2


<PAGE>



                  QuikBIZ Internet Group, Inc. and Subsidiaries
                      Condensed Consolidated Balance Sheets

<TABLE>
Assets

                                                               December 31, 19981          September 30, 1999
                                                           --------------------------- ---------------------------
                                                                                                       (Unaudited)
<S>                                                         <C>                         <C>
Current Assets

    Cash                                                   $                   18,059  $                   82,290
    Accounts receivable                                                       136,340                     849,545
    Other                                                                      38,969                      36,389
                                                           --------------------------- ---------------------------
       Total current assets                                                   193,368                     968,224
Property and equipment
    Furniture and equipment                                                    68,647                     159,268
    Leasehold improvements                                                     44,862                      44,862
                                                           --------------------------- ---------------------------
                                                                              113,509                     204,130
    Less accumulated depreciation                                             (40,706)                    (66,139)
                                                           --------------------------- ---------------------------
       Depreciated cost                                                        72,803                     137,991
Intangible assets                                                             595,300                   1,072,987
Other assets                                                                        0                     196,150
                                                           --------------------------- ---------------------------

       Total assets                                        $                  861,471  $                2,375,352
                                                           =========================== ===========================

Liabilities and Shareholders' Equity

                                                               December 31, 1998           September 30, 1999
                                                           --------------------------- ---------------------------
Current liabilities

    Accounts payable and accrued expenses                  $                  483,291  $                1,302,055
    Current maturities of long-term debt                                       59,397                     180,000
                                                           --------------------------- ---------------------------
       Total current liabilities                                              542,688                   1,482,055
Long-term debt                                                                242,685                     154,287
                                                           --------------------------- ---------------------------
       Total liabilities                                                      785,373                   1,636,342

Shareholders' equity

    Preferred stock; $.001 par value, 3,000 shares
       authorized; 261 shares issued and
       outstanding                                                             10,208                      10,208
    Common stock; $.002 par value; 25,000,000
       shares authorized; 13,090,571 and
       14,011,426 shares issued and outstanding,
       respectively                                                            26,179                      28,247
    Additional paid-in capital                                              2,692,419                   3,437,601
    Accumulated deficit                                                    (2,392,723)                 (2,593,752)
    Unearned compensation on restricted stock                                (259,985)                   (143,294)
                                                           --------------------------- ---------------------------

       Total shareholders' equity                                              76,098                     739,010
                                                           --------------------------- ---------------------------

       Total liabilities and shareholders' equity          $                  861,471  $                2,375,352
                                                           ==========================  ==========================
</TABLE>


                             See accompanying notes

--------
1    The balance sheet at December 31, 1998 has been derived from the audited
     consolidated financial statements at that date.



                                        3


<PAGE>




                  QuikBIZ Internet Group, Inc. and Subsidiaries
                 Condensed Consolidated Statements of Operations
                                   (Unaudited)



<TABLE>

                                                      Three Months Ended                       Nine Months Ended
                                                         September 30,              -            September 30,
                                            ---------------------------------------- ---------------------------------------
                                                   1998                1999         -       1998        -       1999
                                            ------------------- -------------------- ------------------- -------------------
<S>                                        <C>                    <C>              <C>                  <C>
Revenue

    Advertising                             $          626,922 $          1,146,884  $        1,335,058  $        2,241,081

     Multimedia services and products                  365,226              320,527             365,226           1,016,975
                                            ------------------ --------------------- ------------------- -------------------

    Total revenue                                      992,148            1,467,411           1,700,284           3,258,056
                                            ------------------ --------------------- ------------------- -------------------

Operating expenses
    Direct costs                                       999,381              967,457           1,430,252           2,048,058
    Selling, general and
       administrative expenses                         313,233              483,141             700,398           1,312,344
    Depreciation and amortization                       36,001               33,282             110,663              88,302
                                            ------------------ --------------------- ------------------- -------------------

    Total operating expenses                         1,348,615            1,483,880           2,241,313           3,448,704
                                            ------------------ --------------------- ------------------- -------------------

(Loss) from operations                                (356,467)             (16,469)           (541,029)           (190,648)

Interest expense                                         3,304                1,765               8,715              10,381
                                            ------------------ --------------------- ------------------- -------------------

Net loss                                    $         (359,771)$            (18,234) $         (549,744) $         (201,029)
                                            ------------------ --------------------- ------------------- -------------------


Weighted average number of
common shares outstanding                           13,048,088           13,728,842          12,893,958          13,466,661

Basic (loss) per common share               $           (0.028)$             (0.001) $           (0.043)$            (0.015)
</TABLE>


                             See accompanying notes



                                        4


<PAGE>




                  QuikBIZ Internet Group, Inc. and Subsidiaries
                 Condensed Consolidated Statements of Cash Flows
                                   (Unaudited)



<TABLE>

                                                                      Nine Months Ended September 30,
                                                           -------------------------------------------------------
                                                                      1998                       1999
                                                           --------------------------- ---------------------------
<S>                                                        <C>                           <C>
Operating activities

    Net (loss)                                             $                 (549,744) $                 (201,029)

    Adjustments to reconcile net (loss) to net cash
      used in operating activities:

       Depreciation and amortization                                          110,663                      88,302
       Amortization of unearned compensation                                  234,278                     116,691

    Changes in operating assets and liabilities,
      net of effects of acquisition:
       (Increase) in accounts receivable                                     (262,429)                   (278,672)
       (Increase) decrease in other current assets                              4,388                      (1,072)
       (Increase) in other assets                                                   -                     (48,813)
       (Increase in accounts payable and
         accrued expenses                                                     348,518                     112,240
                                                           --------------------------- ---------------------------
          Net cash (used in) operating activities                            (114,326)                   (212,353)
                                                           --------------------------- ---------------------------

Investing activities
    Purchases of property and equipment                                             -                     (10,621)
    Cash received from acquisition
                                                                               76,312                           -
                                                           --------------------------- ---------------------------

          Net cash (used in) provided by investing
            activities                                                         76,312                     (10,621)
                                                           --------------------------- ---------------------------

Financing activities

Proceeds from notes payable, including $15,900
  from a director in 1998                                                      65,970                     127,032
    Payment on notes payable                                                        -                     (94,827)
    Issuance of common stock                                                   66,600                     255,000
                                                           --------------------------- ---------------------------

          Net cash provided by financing activities                           132,570                     287,205
                                                           --------------------------- ---------------------------

Net increase in cash                                                           94,556                      64,231

Cash, beginning of period                                                       2,310                      18,059
                                                           --------------------------- ---------------------------

Cash, end of period                                        $                  96,866   $                   82,290
                                                           =========================== ===========================
</TABLE>




                                        5


<PAGE>



<TABLE>

                                                                      Nine Months Ended September 30,
                                                           -------------------------------------------------------
                                                                      1998                       1999
                                                           --------------------------- ---------------------------
<S>                                                        <C>                           <C>
Supplemental disclosures of cash flow information:

    Cash paid for interest                                 $                    8,715  $                   10,381

Supplemental schedule of noncash investing and
    financing activities:
    Common stock issued in connection with
       compensation, net of amortization                                       63,270                           -
    Issuance of common stock and options related
       to acquisitions                                                         42,000                     488,000
    Tradename returned in exchange for common
       stock                                                                  401,045                           -
    Issuance of common stock related to exercise of                                 -                       4,250
       warrants, cash not yet received
</TABLE>

                              See accompanying notes



                                        6


<PAGE>



                  QuikBIZ Internet Group, Inc. and Subsidiaries
              Notes to Condensed Consolidated Financial Statements

Note A - Business

QuikBiz Internet Group, Inc. and subsidiaries (formerly Algorithm Technologies
Corporation)(the "Company") have two reportable segments, both of which sell
their products and services in the Southeastern United States. One segment
provides its clients with internet site design, television commercial and radio
commercial development and production, print advertisement development and
production, public relations and promotions. The other segment offers audio,
video, multimedia and Internet services and products. It also produces and
assists companies in creative content for corporate communications including
sales, training, public relations and promotion.

During 1999, the Company commenced development of the QuikBiz Mall, a virtual
mall on the Internet that offers corporate communications products, services and
supplies online. Start-up costs with regards to this are expensed as incurred.

Note B - Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial information and with the instructions to Form 10-QSB and Article 10 of
Regulation S-B. 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 three and nine month periods ended
September 30, 1999 are not necessarily indicative of the results that may be
expected for the year ending December 31, 1999. For further information, refer
to the consolidated financial statements and footnotes thereto included in the
Company's Annual Report on Form 10-KSB.

Forward-Looking Statements

This report contains, in addition to historical information, forward-looking
statements regarding the Company that involve risks and uncertainties. The
Company's actual results could differ materially. For this purpose, any
statements contained in this report that are not statements of historical fact
may be deemed to be forward-looking statements. Without limiting the generality
of the foregoing, words such as "may," "will," "expect," "believe,"
"anticipate," "intend," "could," "estimate," or "continue" or the negative or
other variations thereof or comparable terminology are intended to identify
forward-looking statements. Factors that could cause or contribute to such
difference include, but are not limited to, history of operating losses and
accumulated deficit; possible need for additional financing; competition;
dependence on management; risks related to proprietary rights; government
regulation; and other factors discussed in this report and the Company's other
filings with the Securities and Exchange Commission.



                                        7


<PAGE>



                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Results of Operations

     Nine Months ended September 30, 1999 Compared to Nine Months ended
September 30, 1998.

     Revenues.

     Revenues were $1,700,284 for the nine months ended September 30, 1998 and
grew to $3,258,056 for the nine months ended September 30, 1999, an increase of
92%. The increase in revenues reflected our acquisitions over the period,
growing demand for Internet professional services and the introduction of new
strategy, creative and technology services to the marketplace.

     Direct Costs.

     Direct costs were $1,430,252 for the nine months ended September 30, 1998
and grew to $2,048,058 for the nine months ended September 30, 1999, an increase
of 43%. As a percentage of revenues, direct costs decreased from 84% for the
nine months ended September 30, 1998 to 63% for the nine months ended September
30, 1999. The decrease in percentage terms was primarily attributable to
improved economies of scale. The increase in direct costs in absolute dollar
terms resulted from higher costs relating to acquired businesses.

     Selling General and Administrative Expenses.

     Selling, general and administrative expenses were $700,398 for the nine
months ended September 30, 1998 and grew to $1,312,344 for the nine months ended
September 30, 1999, an increase of 87%. As a percentage of revenues, selling,
general and administrative expenses decreased from 41% for the nine months ended
September 30, 1998 to 40% for the nine months ended September 30, 1999. The
decrease in percentage terms was primarily attributable to improved economies of
scale. The increase in selling, general and administrative expenses in absolute
dollar terms was the result of the expansion of our infrastructure to support
growth.

     Amortization of Goodwill.

     Amortization of goodwill was $50,529 for the nine months ended September
30, 1998 and $54,969 for the nine months ended September 30, 1999. As a
percentage of revenues, amortization of goodwill represented 3% of revenues in
the first nine months of 1998 and 2% of revenues in the first nine months of
1999.

     Depreciation and Amortization.

     Depreciation and amortization expenses were $110,663 for the nine months
ended September 30, 1998 and decreased to $88,302 for the nine months ended
September 30, 1999, a decrease of 20%. As a percentage of revenues, depreciation
and amortization represented 7% of revenues in the nine months ended September
30, 1998 and 3% of revenues in the nine months ended September 30, 1999. The
decrease in absolute dollar terms from year to year resulted from the
revaluation of acquired assets.

Liquidity and Capital Resources

     Since inception, we have funded our operations and investments in property
and equipment through cash from operations, equity financings, borrowings from
commercial banks and capital leases.

     Our cash and cash equivalents were $96,866 at September 30, 1998 and
$82,290 at September 30, 1999. Cash used in operating activities of $114,326 in
the nine months ended September 30, 1998 was offset by net cash provided by
investing activities of $76,312 and net proceeds of financing activities of



                                        8


<PAGE>



$132,570 in the nine months ended September 30, 1998. Cash used in operating
activities of $212,353 in the nine months ended September 30, 1999 was augmented
by net cash used in investing activities of $10,621 but offset by net proceeds
from financing activities of $287,205 in the nine months ended September 30,
1999.

     On July 9, 1999 we entered into an investment agreement with Swartz Private
Equity, LLC to raise up to $20 million through a series of sales of common
stock. The dollar amount of each sale is limited by the trading volume and a
minimum period of time must occur between sales. In order to sell shares to
Swartz, there must be an effective registration statement on file with the SEC
covering the resale of the shares by Swartz and we must meet certain other
conditions. The agreement is for a three-year period ending July 9, 2002.

     We have incurred recurring operating losses and negative cash flows from
operating activities and have negative working capital. We believe that our
available equity financing arrangement with Swartz will be sufficient to meet
our working capital and capital expenditure requirements for at least the next
two years. However, there can be no assurance that we will receive financing
from Swartz, that we will not require additional financing within this time
frame or that such additional financing, if needed, will be available on terms
acceptable to us, if at all.



                                        9


<PAGE>



PART II. OTHER INFORMATION

Item 1. Legal Proceedings

        None.

Item 2. Changes in Securities

(c)     Recent Sales of Unregistered Securities

     During the three months ended September 30, 1999, we made the sales of
unregistered securities listed below. We relied on Section 4(2) of the
Securities Act of 1933 as the basis for an exemption from registration for all
of the transactions below, because none of the transactions involved any public
offering.

     In August 1999 we sold an aggregate of 172,000 shares of common stock at a
price of $.50 per share to two individuals.

     In September 1999 we issued 366,000 shares of common stock to Gallaspy &
Lobel, Inc. in consideration for substantially all of the assets of Gallaspy &
Lobel, Inc.

Item 3. Defaults Upon Senior Securities

        None.

Item 6. Exhibits and Reports on Form 8-K

(a)     Exhibits

        27       Financial Data Schedule (September 30, 1999)


(b)     Reports on Form 8-K

     We did not file any reports on Form 8-K during the third quarter of 1999.



                                       10


<PAGE>



                                   SIGNATURES

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

Dated:  March 8, 2000


                                  QUIKBIZ INTERNET GROUP, INC.


                                  By:      /s/ David B. Bawarsky
                                     ---------------------------------------
                                     David B. Bawarsky, Chief Executive Officer


                                       11


<PAGE>



                                  EXHIBIT INDEX

Exhibit Number                      Description                           Page
--------------                      -----------------------             ------

27                                  Financial Data Schedule               13