SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                                   FORM 10QSB


                  Quarterly Report under Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


For Quarter Ended                                      Commission File Number
September 30, 2000                                              0114873


                   ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                 ---------------------------------------------
             (Exact name of registrant as specified in its charter)


                  Colorado                           84-1384961
         ------------------------                    --------------------
         (State of incorporation)                    (I.R.S. Employer
                                                     Identification No.)

             10200 W. 44th Avenue, Suite 400, Wheat Ridge, CO 80033
         -------------------------------------------------------------
              (Address of principal executive offices)  (Zip Code)

Registrant's telephone number, including area code: (303) 422-8127


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 the  filing
requirements for at least the past 90 days.

                            Yes   X       No
                                -----        -----

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

                 19,737,432 common shares as of October 17, 2000


<PAGE>



Part I:  FINANCIAL INFORMATION

<TABLE>
<CAPTION>

                                            ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                                                   (A Development Stage Company)
                                                            (Unaudited)

                                              BALANCE SHEETS (Stated in US Dollars)
                                                     (Unaudited--See Note 1)


                                                      ASSETS
                                                                       September 30,             December 31,
                                                                       2000                      1999

                                                                              <S>                            <C>
Current
 Cash                                                                                $0                             $0
                                                               ------------------------ ------------------------------
                                                                                     $0                             $0
                                                               ======================== ==============================
                                                      LIABILITIES
                                                               ======================== ==============================
Current
  Accounts payable                                                               67,736                        $63,736
                                                               ------------------------ ------------------------------
                                                 STOCKHOLDERS' EQUITY
                                                               ------------------------ ------------------------------
Preferred stock, no par value,
5,000,000 shares authorized, none
issued

Common stock, no par value
20,000,000 shares authorized;
1,875,056 issued & outstanding                                                   61,940                         61,507
Deficit accumulated during the                                                (129,676)                      (125,243)
development stage
                                                               ------------------------ ------------------------------
Total Stockholders' Equity                                                     (67,736)                       (63,736)
                                                               ------------------------ ------------------------------
                                                                                     $0                             $0
                                                               ======================== ==============================
</TABLE>



                                              SEE ACCOMPANYING NOTES
                                                        F-1


<PAGE>

<TABLE>
<CAPTION>


                                    ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                                           (A Development Stage Company)

                                              STATEMENT OF OPERATIONS
                        for the three and nine month periods ended September 30, 2000 and 1999
                                              (Stated in US Dollars)
                                             (Unaudited - See Note 1)



                                                    Three months ending                 Nine months ending
                                                        September 20                       September 30
                                                          -------                            --------
                                                     2000        1999                   2000              1999
                                                     ----        ----                   ----              ----

<S>                                                   <C>                   <C>                  <C>                   <C>
Expenses
 Amortization                                                $-                    $-                   $-                    $-
 General & Admin   Expenses
 Accounting fees                                              -                     -               (4,000)                    -
 Management fees                                             $0                    $-                    0                    $-
                                                 -------------------- --------------------- --------------------  ------------------
Loss before the following:                                    0                     -               (4,000)                    -
Unauthorized distribution                                     -                     -                    -                     -
Gain on Settlement of debt                                    0                     -                    0                     -
                                                 -------------------- --------------------- --------------------  ------------------
Net income (loss) for the
period                                                        0                     -               (4,000)                    -
                                                 ==================== ===================== ====================  ==================
Net income per share                                          -                     -                  (.0)                    -
                                                 ==================== ===================== ====================  ==================
Weighted average number of
common shares outstanding                             1,875,056             1,442,028            1,875,056             1,442,028
                                                 ==================== ===================== ====================  ==================

</TABLE>

                                              SEE ACCOMPANYING NOTES
                                                        F-2


<PAGE>


                   ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
                for the nine months ended June 30, 2000 and 1999
                             (Stated in US Dollars)
                            (Unaudited - See Note 1)

                                                              Nine months ended
                                       September 30, 2000     September 30, 1999
                                       --------------------- -------------------

Cash flow to operating activities:
Net gain (loss)                                      ($4,000)                 $0
Adjustments to reconcile net
loss to net cash used in
operations
Accounts payable                                           0                   -
Management fees                                            0                   -
Amortization                                               -                   -
Changes in non-cash items:
Accounts payable                                       4,000                   0
                                       --------------------- -------------------
Net cash used in operating
activities                                                 -                   -
                                       --------------------- -------------------
Cash flows to investing
activities                                                 -                   -
Organization costs
                                       --------------------- -------------------
Net cash used in investing
activities:                                                -                   -
                                       --------------------- -------------------
Cash flows to financing
activities:
Proceeds from issuance of
common stock                                               -                   -
Payment of offering costs                                  -                   -
Contributed capital                                        -                   -
                                       --------------------- -------------------
Net cash provided by
financing activities                                       -                   -
                                       --------------------- -------------------
Net increase in cash                                       -                   -
Cash, beginning of period                                  0                   0
                                       --------------------- -------------------
Cash, end of period                                       $0                  $0
                                       ===================== ===================


                             SEE ACCOMPANYING NOTES
                                       F-3

<PAGE>

<TABLE>
<CAPTION>
                   ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                        STATEMENT OF STOCKHOLDER'S EQUITY
<S>                                <C>                      <C>                 <C>              <C>                   <C>
                                                                                                     Deficit
                                                                                                   Accumulated
                                                              Common Stock                         During the
                                               ------------------------------------------------    Development
                                    Price per share         Shares             Amount                Stage              Totals
                                  -----------------------   ------------------  ---------------- -------------------- --------------
Balance -  December 3, 1993                                                  0                $0                   $0            $0

Stock issued for services - December 3, 1993        0.001               52,000                52                    0            52
                                                             ------------------  ---------------- -------------------- -------------
Balance - December 31, 1993                                             52,000                52                    0            52
                                                             ------------------  ---------------- -------------------- -------------

Stock issued for services -  March 31, 1994         0.001              948,000               948                    0           948
Stock issued for cash - June 16, 1994                0.25               28,000             7,000                    0         7,000
Stock issued for cash - July 14, 1994                0.25                  800               200                    0           200
Stock issued for cash - July 15, 1994                0.25                4,000             1,000                    0         1,000
Stock Issued for cash - July 25, 1994                0.25                2,000               500                    0           500
Stock Issued for cash - July 31, 1994                0.25                2,200               550                    0           550
Stock Issued for cash - August 1, 1994               0.25                  400               100                    0           100
Stock Issued for cash - August 9, 1994               0.25               20,000             5,000                    0         5,000
Stock Issued for cash - September 13, 1994           0.25               12,000             3,000                    0         3,000
Stock Issued for services - September 15, 1994       0.25               10,000             2,500                    0         2,500
Stock Issued for services - September 21, 1994       0.25              100,000            25,000                    0        25,000
Stock Issued for cash - September 23, 1994           0.25                  160                40                    0            40
Stock Issued for cash - September 25, 1994           0.25                  200                50                    0            50
Stock Issued for cash - September 26, 1994           0.25                  268                67                    0            67
Stock Issued for cash - October 6, 1994              0.25                4,000             1,000                    0         1,000
Net loss for year                                                            0                 0              (76,381)      (76,381)
                                                             ------------------  ---------------- -------------------- -------------
Balance -   December 31, 1994                                        1,184,028            47,007              (76,381)      (29,374)
                                                             ------------------  ---------------- -------------------- -------------

Net loss for year                                                            0                 0               (8,820        (8,820)
                                                              -----------------  ---------------- -------------------- -------------
Balance -   December 31, 1995                                        1,184,028            47,007              (85,201)      (38,194)
                                                             ------------------  ---------------- -------------------- -------------

Stock issued for cash - February 15, 1996            0.25                8,000             2,000                    0         2,000
Stock issued for cash - October 26, 1996             0.05              250,000            12,500                    0        12,500
Net loss for year                                                            0                 0              (34,649)      (34,649)
                                                             ------------------  ---------------- -------------------- -------------
Balance - December 31, 1996                                          1,442,028            61,507             (119,850)      (58,343)
                                                             ------------------  ---------------- -------------------- -------------

Net loss for year                                                            0                 0               (3,493)       (3,493)
                                                             ------------------  ---------------- -------------------- -------------
Balance - December 31, 1997                                          1,442,028            61,507             (123,343)      (61,836)
                                                             ------------------  ---------------- -------------------- -------------

Net loss for year                                                            0                 0                 (950)         (950)
                                                             ------------------  ---------------- -------------------- -------------
Balance - December 31, 1998                                          1,442,028            61,507             (124,293)      (62,786)
                                                             ------------------  ---------------- -------------------- -------------

Net loss for year                                                            0                 0                 (950)         (950)
                                                             ------------------  ---------------- -------------------- -------------
Balance - December 31, 1999                                           1,442,028           $61,507            ($125,243)    ($63,736)
                                                             ------------------  ---------------- -------------------- -------------
Stock dividend declared & issued (see Note 7)                           433,028               433                 (433)           0

Net Loss for six months                                                                                         (4,000)      (4,000)
                                                             ------------------  ---------------- -------------------- -------------
                                                                      1,875,056            61,940             (129,676)     (67,736)
                                                             ==================  ================ ==================== =============

</TABLE>

 The accompanying notes are an integral part of these financial statements.
                                        F-4


<PAGE>



                   ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                          (A Development Stage Company)
                          Notes To Financial Statements
                               September 30, 2000
                                    Unaudited

Note A- Summary of Significant Accounting Policies:

A Summary of the significant  accounting  policies  consistently  applied in the
preparation of the accompanying financial statements follows:

1.  Development Stage Company.
    -------------------------

Rocky Mountain  Financial  Enterprises,  Inc. was incorporated  December 2, 1993
under the laws of the State of  Colorado  for the  purpose  of  engaging  in the
transactions  of all  lawful  business.  The  Company  is  presently  engaged in
providing consulting services as to methods of obtaining financing.  Activity to
date has been primarily  organization  of the Company.  Although the company has
commenced  its principal  business  operations,  the revenues  therefrom are not
significant enough to warrant a reclassification from the status of a company in
the development stage.

The  accompanying  financial  statements have been prepared on the going concern
basis,  which  contemplates  the  realization of assets and the  satisfaction of
liabilities in the normal course of business.  The company's  continuation  as a
going concern is dependent on its ability to generate  sufficient  cash flows to
meet its obligations on a timely basis, to raise  additional as may be required,
and ultimately to attain successful operations.  The financial statements do not
include any adjustments that might result from the outcome of this uncertainty.

2.  Basis of Accounting
    -------------------

The financial statements are presented on the accrual basis of accounting.

The Corporation's fiscal year end is December 31.

Organizational costs are being amortized over a 60-month period.

Cash Equivalents:
-----------------

For purposes of the statement of cash flows, the Corporation  considers all cash
and other highly liquid  investments with initial  maturities of three months or
less to be cash equivalents.

Estimates:
----------

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect certain  reported amounts and  disclosures.  Accordingly,  actual results
could differ from those estimates.

Net Loss Per Share:
-------------------

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

                                       F-5



<PAGE>



                   ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.
                          (A Development Stage Company)
                          Notes To Financial Statements
                               September 30, 2000
                                    Unaudited


3.  Stockholders' Equity
    --------------------

Of the  20,000,000  shares of no par value  common stock  authorized,  1,000,000
shares were issued to the officers of the  Corporation  for  services  rendered.
These  services  were valued at $1,000 and are  included  in the  organizational
costs.

4.  Notes Payable
    -------------

Notes Payable consists of the following:

Notes Payable to G. Paul Music Ltd., 7% annual rate,
note started September 19, 1994 and matured
May 31, 1995.                                                          $10,000

Notes Payable to Sole Track, Inc.,
Non-interest bearing and uncollateralized.                              17,488

Notes Payable to Steven L. Earley for                                  $25,000
for consideration of making the loan Mr. Earley
was given 250,000 shares. This Note is a non-interest
bearing demand note.                                                    25,000

Total Notes Payable                                                    $52,488

5.  Related Party Transaction
    -------------------------

The officers and  directors of this company are also  officers and  directors of
other  companies.  The chairman of the board loaned the Company funds  utilizing
non-interest-bearing demand notes.

6.  Officers and Directors Compensation
    -----------------------------------

On June 1,  1994,  the  Board of  Directors  authorized  that the  Company  will
compensate  each of its two Officers  $2,000 per month and one director $500 per
month  for  their  services  to  the  company.  The  chairman  stated  that  the
compensation  referred to above has been canceled and the officers and directors
will not be paid the above mentioned remuneration.

7. On  February  20,  2000,  the  Company  approved  and  effected a one for one
dividend to  shareholders.  Existing  management/principal  shareholders  waived
participation in the dividend.

                                       F-6



<PAGE>



ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

RESULTS OF  OPERATIONS  FOR QUARTER  ENDED  SEPTEMBER  2000 COMPARED TO THE SAME
PERIOD IN 1999.

The Company  experienced no expenses for the quarter in 2000 and $0 in 1999. The
Company had no revenues for the period in 2000 or 1999. The Company  recorded no
income or loss for the period in 2000 or in the same period in 1999. The Company
will probably  experience  losses until income can be achieved  through business
operations.  While the Company may seek capital sources for investment; there is
no assurance that such can be found.


RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000,  COMPARED TO
THE SAME PERIOD IN 1999.

The Company had no revenues from operations for the nine month period in 2000 or
in 1999. The Company incurred  operating  operating expenses of $4,000 for audit
costs in the period in 2000.  The Company had no income or loss in the period in
1999 compared to a loss of ($4,000) for the period in 2000.

Losses will probably continue until business revenues can be achieved of which
there is no assurance.

LIQUIDITY AND CAPITAL RESOURCES

The Company had no cash  capital at the end of the period.  The Company  will be
forced to either  borrow or make  private  placements  of stock in order to fund
operations.  No  assurance  exists as to the  ability to  achieve  loans or make
private placements of stock.


<PAGE>


                           PART II - OTHER INFORMATION

ITEM 1.           LEGAL PROCEEDINGS

                  None

ITEM 2.           CHANGES IN SECURITIES

                  None

ITEM 3.           DEFAULT UPON SENIOR SECURITIES

                  None

ITEM 4.           SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

                  None

ITEM 5.           OTHER INFORMATION

                  None

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

          No reports on Form 8-K were made for the period for which this  report
is filed.



<PAGE>


                                   SIGNATURES

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

Date: October 20, 2000



                                     ROCKY MOUNTAIN FINANCIAL ENTERPRISES, INC.


                                     /s/ Chris Meaux
                                     -------------------------------------------
                                     Chris Meaux, President