UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(X) QUARTERLY REPORT UNDER SECTION 13 OR 5(d) OF THE SECURITIES ACT OF 1934:

                  For the Quarterly Period ended September 30, 2000

( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE EXCHANGE ACT

     For the transition period from __________________ to __________________


                         Commission File number 1-12023


                        Level Jump Financial Group, Inc.
             (Exact Name of registrant as specified in its charter)


                Florida                                           N/A
----------------------------------------                 --------------------
(State or other jurisdiction of                          I.R.S. Employer ID No.
incorporation or organization)

                            30 Broad Street, 28th Floor
                            New York, New York 10004
                     ----------------------------------------
                    (Address of principal executive offices)

                                 (212) 344-5867
                           (Issuer's telephone number)


Indicate by check mark whether the registrant (1) has filed has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act 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  ______


          APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                         DURING THE PRECEDING FIVE YEARS

Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. YES ____   NO. ____

                      APPLICABLE ONLY TO CORPORATE ISSUERS

As of September 30, 2000, 8,249,500 shares of the Issuer's Common Stock were
outstanding.



<PAGE>
                          Part I - FINANCIAL INFORMATION

Item 1.  Financial Statements

The accompanying unaudited condensed consolidated financial statements of Level
Jump Financial Group, Inc. (the "Company") have been prepared in accordance with
generally accepted accounting principles for interim financial information and
with the instructions to Form 10-QSB and Rule 10-01 of Regulation S-X. All
adjustments which, in the opinion of management, are necessary for a fair
presentation of the financial condition and results of operations have been
included. Operating results for the three month period and nine month period
ended September 30, 2000 are not necessarily indicative of the results that may
be expected for the year ending December 31, 2000.

These interim condensed consolidated financial statements should be read in
conjunction with the Company's latest Annual Report on Form 10-KSB for the year
ended December 31, 1999 and the Company's Quarterly Reports on Form 10-QSB for
the three months ended June 30, 2000 and March 31, 2000.

                                                Level Jump Financial Group, Inc.
                                           Condensed Consolidated Balance Sheets
                                                                     (Unaudited)
                                                        Sept. 30,       Dec. 31,
                                                           2000            1999
                                                       ----------   -----------
Assets
Current
   Cash and cash equivalents                          $    65,000   $    19,426
   Deposits with clearing broker                          152,065          --
   Investments in marketable securities                 1,271,764     2,172,389
   Accounts receivable, net of allowances
    (2000 - $439,787, 1999 - $210,099)                     53,252       290,944
   Prepaid expenses and deposits                           58,152        45,984
   Deferred income taxes                                  104,139        71,474
   Due from related parties                                  --         218,517
                                                      -----------   -----------
                                                        1,704,372     2,818,734

Investments                                               187,600       321,032
Fixed assets                                              231,301        42,556
Deferred income taxes                                        --          16,179
Goodwill                                                  312,591          --
                                                      -----------   -----------
                                                      $ 2,435,864   $ 3,198,501
                                                      ===========   ===========
Liabilities and Shareholders' Equity
Current
    Payable to clearing broker                        $   160,781          --
    Accounts payable                                       75,197        65,657
    Accrued liabilities                                    51,577        16,306
    Bank loan                                                --         500,000
    Note payable (Note 2)                                 803,900          --
    Obligations under capital lease                        12,545          --
    Deferred income taxes                                   3,589       454,070
    Deferred revenues                                     229,044       130,534
    Due to related parties                                    615          --
    Income taxes payable                                  592,066       628,453
                                                      -----------   -----------
                                                        1,929,314     1,795,020

Deferred lease inducements                                  3,510         8,443
Obligations under capital lease                            64,815          --
                                                      -----------   -----------
                                                           68,325         8,443
                                                      -----------   -----------
                                                        1,997,639     1,803,463
                                                      ===========   ===========
Shareholders' equity
   Share capital
   Authorized
    4,999,998 Preferred shares, $.0025 par value
    1 Preferred share, class A, $.0025 par value
    1 Preferred share, class B, $.0025 par value
    200,000,000 Common shares, $.0025 par value
   Issued
    1 Preferred share, class A, $.0025 par value            --            --
    1 Preferred share, class B, $.0025 par value            --            --
    8,249,500 Common shares (Note 3)
     (1999 - 7,863,500)                                    20,624        19,659
  Par value in excess of capital                          708,116       (16,419)
  Retained earnings                                      (264,221)      518,351
  Accumulated other comprehensive income
      (loss) appreciation of investments                  (26,294)      873,447
                                                        ---------   -----------
                                                          438,225     1,395,038
                                                        ---------   -----------
                                                      $ 2,435,864   $ 3,198,501
                                                       ==========   ===========
The accompanying notes are an integral part of these condensed consolidated
financial statements.

<PAGE>


                                                Level Jump Financial Group, Inc.
                                 Condensed Consolidated Statements of Operations
                                                                     (Unaudited)

                                                           For the       For the
                                                             Three         Three
                                                      Months Ended  Months Ended
                                                     Sep. 30, 2000 Sep. 30, 1999
                                                     ------------- ------------
Revenue
         Commissions                               $     58,450            --
         Trading                                        (14,823)           --
         Investment banking                              20,000            --
         Investor relations                             178,733    $  1,313,470
                                                   ------------    ------------

                                                        242,360       1,313,470

Cost of revenues                                        130,097         191,708
                                                   ------------    ------------

Gross profit                                            112,263       1,121,762
                                                   ------------    ------------

Operating expenses
         Sales and marketing                              1,959          20,567
         Product development                               --              --
         General and administration                     461,895         502,576
         Amortization of goodwill                        17,366            --
                                                   ------------    ------------

                                                        481,220         523,143
                                                   ------------    ------------

Income (loss) from operations                          (368,957)        598,619

Investment income (loss)                               (165,890)        (47,535)
                                                   ------------    ------------

Income (loss) before income taxes                      (534,847)        551,084

Provision (recovery) for income taxes                   (67,357)        277,118
                                                   ------------    ------------

Net income (loss) for the period (Note 1)              (467,490)   $    273,966
                                                   ============    ============

Basic earnings (loss) per share (Note 4)           ($      0.06)   $       0.07

Diluted earnings (loss) per share (Note 4)         ($      0.06)   $       0.02

Shares used in per share
         calculation - basic                          8,249,500       3,700,000

Shares used in per share
         calculation - diluted                        8,249,500      13,509,398

The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                        2
<PAGE>

                                                Level Jump Financial Group, Inc.
                                 Condensed Consolidated Statements of Operations
                                                                     (Unaudited)

                                                          For the        For the
                                                             Nine          Nine
                                                      Months Ended  Months Ended
                                                     Sep. 30, 2000 Sep. 30, 1999
                                                     ------------- ------------
Revenue
         Commissions                                 $    99,218            --
         Trading                                         120,552            --
         Investment banking                              118,715            --
         Investor relations                              229,452     $ 2,277,013
                                                     -----------     -----------

                                                         567,937       2,277,013

Cost of revenues                                         329,728         435,367
                                                     -----------     -----------

Gross profit                                             238,209       1,841,646
                                                     -----------     -----------

Operating expenses
         Sales and marketing                              92,725          75,659
         Product development                                --            10,480
         General and administration                    1,729,123         883,759
         Amortization of goodwill                         34,732            --
                                                     -----------     -----------

                                                       1,787,663         969,898
                                                     -----------     -----------

Income (loss) from operations                         (1,549,454)        871,748

Investment income                                        679,574         210,400
                                                     -----------     -----------

Income (loss) before income taxes                       (869,880)      1,082,148

Provision (recovery) for income taxes                    (87,308)        451,541
                                                     -----------     -----------

Net income (loss) for the period (Note 1)            ($  782,572)    $   630,607
                                                     ===========     ===========

Basic earnings (loss) per share (Note 4)             ($     0.10)    $      0.17

Diluted earnings (loss) per share (Note 4)           ($     0.10)    $      0.09

Shares used in per share
         calculation - basic                           8,156,982       3,700,000

Shares used in per share
         calculation - diluted                         8,156,982       6,829,570


The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                        3



<PAGE>

                                                Level Jump Financial Group, Inc.
                                 Condensed Consolidated Statements of Cash Flows
                                                                     (Unaudited)

                                                          For the        For the
                                                             Nine          Nine
                                                      Months Ended  Months Ended
                                                     Sep. 30, 2000 Sep. 30, 1999
                                                     ------------- ------------

Cash flows from operating activities
  Net income (loss)                                 ($  782,572)  $   630,607
  Adjustments to reconcile net income (loss)
    to net cash provided by (used in) operations
     Amortization                                        69,256        10,023
     Bad debts                                          229,688       149,000
     Release from accrued liabilities                      --        (196,750)
     Deferred income taxes                              (16,519)       16,091
     Realized capital gains                            (664,777)     (214,237)
     Fees satisfied by securities                      (365,803)   (1,401,392)
     Consulting and compensation
       expenses satisfied by securities                 171,112       275,597
  Changes in assets and liabilities, net of
   business combination
     Deposits with clearing broker                     (140,192)         --
     Investments in marketable securities,
       trading                                         (887,149)         --
     Accounts receivable, net                             8,004      (441,490)
     Prepaid expenses and deposits                      (12,168)        2,106
     Payable to clearing broker                         160,781          --
     Accounts payable                                       400       114,198
     Accrued liabilities                                 65,271      (447,820)
     Deferred revenues                                   98,510        48,253
     Income taxes                                       (36,387)      465,278
     Deferred lease inducements                          (4,933)         --
                                                    -----------   -----------

                                                     (2,107,478)     (990,536)
                                                    -----------   -----------
Cash flows from investing activities
     Due from related parties                           218,517       910,380
     Purchases of fixed assets                         (136,572)      (19,462)
     Purchases of marketable securities                  (3,300)         --
     Acquisition of Southland Securities
       Corporation                                     (350,000)         --
     Proceeds from sale of marketable securities      1,506,284       563,517
                                                    -----------   -----------

                                                      1,234,929     1,454,435
                                                    -----------   -----------
Cash flows from financing activities
     Due to related parties                                 615       (58,030)
     Repayment of bank loan                            (500,000)         --
     Repayment of obligations under capital lease        (9,337)         --
     Proceeds from note payable (Note 2)                803,900          --
     Proceeds from issuance of common shares            623,000         3,700
     Dividends                                             --        (364,510)
     Payment against bank overdraft                         (55)         --
                                                    -----------   -----------

                                                        918,123      (418,840)
                                                    -----------   -----------
Net increase in cash and cash equivalents
         during the period                               45,574        45,059

Cash and cash equivalents, beginning of period           19,426         5,658
                                                    -----------   -----------

Cash and cash equivalents, end of period            $    65,000   $    50,717
                                                    -----------   -----------

The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                        4

<PAGE>

                                                Level Jump Financial Group, Inc.
                                 Condensed Consolidated Statements of Cash Flows
                                                                     (Unaudited)

                                                          For the        For the
                                                             Nine          Nine
                                                      Months Ended  Months Ended
                                                     Sep. 30, 2000 Sep. 30, 1999
                                                     ------------- ------------

Supplementary schedule of non-cash investing and
         financing activities:

     Marketable securities loaned to two officers
       and directors (included in due from
       related parties)                                    --     $   151,875
     Marketable securities received for services
       not rendered (included in accounts payable)         --         125,000
     Marketable securities paid on share exchange
       (included in accrued liabilities)                 30,000
     Deferred taxes on unrealized gains (losses)
       of marketable securities                         (11,134)         --
     Obligations under capital lease                     85,897          --
                                                    -----------   -----------


The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                        5

<PAGE>

                                                Level Jump Financial Group, Inc.
                                      Summary of Significant Accounting Policies
                                                                     (Unaudited)
September 30, 2000 and 1999
-------------------------------------------------------------------------------
Nature of Business and
   Basis of Presentation

                    Level Jump Financial Group, Inc. (the "Company") operates in
                    two business segments: broker-dealer and financial public
                    relations. The Company's wholly owned subsidiary, Level Jump
                    Trading, Inc., is a National Association of Securities
                    Dealers ("NASD") registered broker-dealer that is engaged in
                    market making, customer brokerage and investment banking
                    activities. The Company's wholly owned subsidiary,
                    thestockpage.com, provides financial public relations
                    services to small- and micro-cap publicly traded or listed
                    companies.

                    The accompanying financial statements have been prepared
                    assuming the Company will continue as a going concern. The
                    Company has not recognized significant revenues from its
                    financial public relations services or its broker-dealer for
                    the nine months ended September 30, 2000. As a result, the
                    Company has incurred operating losses, has a negative
                    working capital balance, and has negative cash flows from
                    operations. The Company has been covering losses through the
                    sale of marketable securities, the issuance of common stock,
                    and the issuance of a note payable. The Company will not be
                    able to continue covering losses through the sale of
                    marketable securities beyond the next two months. These
                    factors raise substantial doubt about the Company's ability
                    to operate as a going concern. The financial statements do
                    not include any adjustments that might result from the
                    outcome of the uncertainty. The Company's board of directors
                    is implementing a restructuring plan and has passed a motion
                    to sell thestockpage.com, is negotiating to sell a
                    significant controlling interest in the Company to an
                    outside group, and is winding up Level Jump Financial Group
                    (Canada), Inc., a dormant subsidiary. If negotiations to
                    sell a controlling interest in the Company are completed
                    successfully, it is anticipated that the Company's existing
                    management and board of directors will be replaced when the
                    sale closes.

                    On October 28, 1999, Caldera Corporation ("Caldera")
                    acquired all of the issued and outstanding common shares of
                    the Company and agreed to assume certain obligations with
                    respect to issuing additional common shares under
                    exchangeable share agreements and a performance equity plan
                    and issuing preferred shares under a voting agreement. In
                    exchange for the issued and outstanding common stock of the
                    Company, the shareholders of the Company were issued common
                    shares of Caldera in a number that gave the shareholders of
                    the Company control of Caldera. In addition, at the time of
                    the transaction, the board of directors of Caldera resigned
                    and the officers and directors of the Company were appointed
                    to the board of directors of Caldera. In January, 2000,
                    Caldera Corporation's name was formally changed to Level
                    Jump Financial Group, Inc.

                                       6
<PAGE>

                                                Level Jump Financial Group, Inc.
                                      Summary of Significant Accounting Policies
                                                                     (Unaudited)
September 30, 2000 and 1999
-------------------------------------------------------------------------------
                    On January 31, 2000, the board of directors of the Company
                    passed a resolution to merge the Company into Level Jump
                    Financial Group, Inc. (previously Caldera Corporation). On
                    February 14, 2000, the state of Colorado accepted the merger
                    and the Company ceased to exist. All obligations of the
                    Company were assumed by Level Jump Financial Group, Inc.
                    (previously Caldera Corporation). Going forward, all
                    references to the Company in these financial statements are
                    to Level Jump Financial Group, Inc. (previously Caldera
                    Corporation).

                    The accompanying unaudited condensed consolidated interim
                    financial statements reflect all adjustments, which in the
                    opinion of management, are necessary for a fair presentation
                    of the results of operations for the periods shown. The
                    results of operations for such periods are not necessarily
                    indicative of the results expected for the full fiscal year
                    or for any future period.

                    The accompanying consolidated financial statements include
                    the accounts of the Company and its wholly owned
                    subsidiaries, Level Jump Trading, Inc., Level Jump Asset
                    Management, Inc., Level Jump Financial Group (Canada), Inc.,
                    and thestockpage.com inc.

                    These financial statements should be read in conjunction
                    with the consolidated financial statements and related notes
                    included in the Company's Annual Report on Form 10-KSB for
                    the fiscal year ended December 31, 1999 and the Forms
                    10-QSB for the quarters ended March 31, 2000 and June 30,
                    2000.

                    Recent Accounting Standards

                    In June 1998, the Financial Accounting Standards Board
                    ("FASB") issued SFAS 133, "Accounting for Derivative
                    Instruments and Hedging Activities". SFAS 133 requires
                    companies to recognize all derivative contracts as either
                    assets or liabilities in the balance sheet and to measure
                    them at fair value. If certain conditions are met, a
                    derivative may be specifically designated as a hedge, the
                    objective of which is to match the timing of gain or loss
                    recognition on the hedging derivative with the recognition
                    of (i) the changes in the fair value of the hedged asset or
                    liability that are attributable to the hedged risk or (ii)
                    the earnings' effect of the hedged forecast transaction. For
                    a derivative not designated as a hedging instrument, the
                    gain or loss is recognized in income in the period of
                    change. SFAS 133, as amended, is effective for all fiscal
                    quarters of fiscal years beginning after June 15, 2000. The
                    Company is evaluating the standard and has not determined
                    the impact on the financial results or condition of the
                    Company.

                    In December 1999, the Securities and Exchange Commission
                    ("SEC") issued Staff Accounting Bulletin 101 ("SAB 101"),
                    "Revenue Recognition in Financial Statements." SAB 101
                    summarizes certain of the SEC's views in applying generally
                    accepted accounting principles to revenue recognition in
                    financial statements. The Company is required to adopt SAB
                    101 in the fourth quarter of fiscal 2000. The Company does
                    not expect the adoption of SAB 101 to have a material effect
                    on its financial position or results of operations.

                                       7

<PAGE>
                                                Level Jump Financial Group, Inc.
                                      Notes to Consolidated Financial Statements
                                                                     (Unaudited)
September 30, 2000 and 1999
-------------------------------------------------------------------------------

1.  Comprehensive Income (Loss)

    The components of comprehensive income (loss), net of tax, are as follows:

                                                       Three Months Three Months
                                                              Ended        Ended
                                                           Sep. 30,     Sep. 30,
                                                               2000         1999
                                                       -----------   -----------

Comprehensive income
         Net income (loss)                             ($467,490)      $ 273,966
         Net unrealized gain (loss)
           on securities, (net of
           reclassification adjustment)                 (122,583)        297,682
                                                       ---------       ---------

         Total                                         ($344,907)      $ 571,648
                                                       ---------       ---------

                                                      Nine Months    Nine Months
                                                            Ended          Ended
                                                         Sep. 30,       Sep. 30,
                                                             2000          1999
                                                      -----------   -----------

Comprehensive income
         Net income (loss)                           ($  782,572)    $   630,607
         Net unrealized gain (loss)
           on securities, (net of
           reclassification adjustment)                 (899,741)        881,727
                                                     -----------     -----------

         Total                                       ($1,682,313)    $ 1,512,334
                                                     -----------     -----------

________________________________________________________________________________

2.   Issuance of Note Payable

     On September 29, 2000, the Company received $803,900 fair value of freely
     tradable common stock of two United States Over-the-Counter Bulletin Board
     issuers from two external parties in a non-monetary transaction. In
     exchange for the common stock, the Company issued a note payable to the
     external parties. The amounts received were used to capitalize the
     Company's broker-dealer subsidiary. The note is non-interest bearing and
     has a maturity date of February 15, 2001. The Company can sell the common
     stock with prior permission from the lenders. Any amounts sold by the
     Company are repayable in cash on the maturity date. Any amounts still held
     as common stock are repayable in common stock on the maturity date.
     $400,000 in cash value of the note payable can be converted at the lenders'
     option into a 39.9% equity interest in the Company's broker-dealer
     subsidiary.

                                       8
<PAGE>
                                                Level Jump Financial Group, Inc.
                                      Notes to Consolidated Financial Statements
                                                                     (Unaudited)
September 30, 2000 and 1999
-------------------------------------------------------------------------------


3.   Shareholders' Equity

     On January 24, 2000, the Company issued 178,000 common shares at a price
     per share of $2.50 for total proceeds of $445,000.

     On January 24, 2000, the Company issued 20,000 common shares as
     compensation for a consulting agreement for investor relations and
     financial advisory services. The contract is for a term of nine months and
     the Company is recognizing consulting expenses of $102,500 during the term
     of the contract.

     On April 13, 2000, the Company issued 186,000 common shares at a price per
     share of $1.00 for total proceeds of $186,000. The Company paid a
     commission to a finder of $8,000 and 2,000 common shares.

     On August 29, 2000, the Company cancelled 1,375,000 management stock
     options to reduce the total number of options outstanding to 469,725.



                                       9
<PAGE>
                                                Level Jump Financial Group, Inc.
                                      Notes to Consolidated Financial Statements
                                                                     (Unaudited)
September 30, 2000 and 1999
-------------------------------------------------------------------------------


4.   Earnings per Share

     For the three months and nine months ending September 30, 2000, the number
     of shares used for basic and diluted loss per share are the same because
     the inclusion of common stock equivalents would be antidilutive.

     For the three months and nine months ending September 30, 1999, the
     computation of basic and diluted earnings per share were as follows:

                                                       Three Months  Nine Months
                                                              Ended        Ended
                                                           Sep. 30,     Sep. 30,
                                                               1999         1999
                                                        -----------  -----------
Basic:
   Net income attributable to common shares           $   273,966    $   630,607

   Weighted average common shares
            outstanding                                 3,700,000      3,700,000
                                                      -----------    -----------

   Basic earnings per share                           $      0.07    $      0.17
                                                      -----------    -----------

Diluted:
   Adjusted income attributable to common
            shares                                    $   273,966    $   630,607

   Weighted average common shares
            outstanding                                13,000,000      6,800,000
   Assumed exercise of stock options, net of
            common shares assumed repurchased
            with the proceeds                             509,398         29,570
                                                      -----------    -----------

   Adjusted weighted average common shares
            outstanding                                13,509,398      6,829,570
                                                      -----------    -----------

   Diluted earnings per share                         $      0.02    $      0.09
                                                      -----------    -----------

-------------------------------------------------------------------------------
5.   Net Capital Requirements

     As a registered broker-dealer, Level Jump Trading is subject to the
     requirements of Rule 15c3-1 (the net capital rule) under the Securities
     Exchange Act of 1934, as amended. The object of the rule is to require the
     broker-dealer to have at all times sufficient liquid assets to cover its
     current indebtedness. Specifically, the rule prohibits a broker-dealer from
     permitting its "aggregate indebtedness" from exceeding fifteen times its
     net capital as those terms are defined.

     On September 30, 2000, Level Jump Trading's aggregate indebtedness and net
     capital were $89,109 and $561,709, respectively, a ratio of 0.16 to 1.00.


                                       10
<PAGE>
                                                Level Jump Financial Group, Inc.
                                      Notes to Consolidated Financial Statements
                                                                     (Unaudited)
September 30, 2000 and 1999
-------------------------------------------------------------------------------


6.  Segmented Information

     The Company is engaged in two lines of business: Broker-Dealer and
     Financial Public Relations. Each line of business is operated in separate
     subsidiaries. Level Jump Trading, the Broker-Dealer, is located in New
     York, NY and Fort Worth, TX. thestockpage.com, Financial Public Relations,
     is located in Toronto, Ontario, Canada. Prior to April 3, 2000, the Company
     operated in one line of business, Financial Public Relations, and
     comparative data is not included. The following is a summary of the
     Company's operations by business segment for the three months and nine
     months ending September 30, 2000:

                                                                       Financial
                                                         Broker-          Public
                                                          Dealer       Relations
                                                     -----------    ------------
For the three months ended September 30, 2000

Revenue                                              $    63,627    $   178,733
Cost of revenues                                          60,780         69,317
Operating expenses                                       256,750        224,470

Income (loss) from operations                        ($  253,903)   ($  115,054)

Investment income                                          1,949       (167,839)
                                                     -----------    -----------

Income (loss) before income taxes                    ($  251,954)   ($  282,893)
                                                     -----------    -----------

For the nine months ended September 30, 2000

Revenue                                              $   338,485    $   229,452
Cost of revenues                                         131,125        198,603
Operating expenses                                       408,359      1,379,304

Income (loss) from operations                        ($  200,999)   ($1,348,455)

Investment income                                        (69,708)       749,282
                                                     -----------    -----------

Income (loss) before income taxes                    ($  270,707)   ($  599,173)
                                                     -----------    -----------

September 30, 2000

Assets                                               $ 1,209,426    $ 1,226,438
                                                     -----------    -----------


                                     11
<PAGE>


6.  Commitments and Contingencies

     At September 30, 2000, thestockpage.com has current income taxes payable to
     the Canadian federal government and Ontario provincial government of
     $591,340. This liability is past due and interest is accruing at a rate of
     9%. Because of operating losses, the decline in value of securities,
     limited cash flow, and intercompany loans that cannot be repaid
     immediately, thestockpage.com cannot repay its Federal and Provincial tax
     liabilities at this time. The Federal and Provincial governments have a
     number of options available to them when attempting to collect unpaid taxes
     including: attachment or seizure of assets, garnishment of accounts
     receivable, bank accounts or wages, and cancellation of thestockpage.com's
     articles of incorporation. To date, thestockpage.com has not entered into
     any formal repayment arrangements with the Federal government.
     thestockpage.com has agreed to repay approximately $2,700 per month to the
     Provincial government over the next 12 months at which time the repayment
     schedule will be reexamined. There is significant risk that
     thestockpage.com could be shut down by the Canadian Federal and/or Ontario
     Provincial governments because of its inability to repay its current income
     taxes.

     thestockpage.com and its management are involved in a dispute with a third
     party regarding failed negotiations between thestockpage.com and its
     management to sell an interest in thestockpage.com to the third party.
     Claims and counterclaims have been filed by thestockpage.com and the third
     party respectively. Management believes the claims are without merit, and
     does not believe that the Company's potential exposure related to this
     matter would have a material adverse effect on the Company's financial
     position.

     thestockpage.com has filed a claim against a previous client for failure to
     make complete payment for performance under a contract. The previous client
     has filed a counterclaim seeking damages for breach of contract and
     interference in economic relations. The proceeding is currently at a very
     early stage and the Company is unable to predict its ultimate outcome.
     Management believes the counterclaim is without merit and intends to defend
     against it vigorously.

     A previous contractor to Level Jump Trading has made a demand under the
     provisions of the Texas Deceptive Trade Practices-Consumer Protection Act.
     The demand alleges that Level Jump Trading owes the contractor $117,848 for
     past services. The proceeding is currently at a very early stage and the
     Company is unable to predict its ultimate outcome. Management believes the
     demand is without merit and intends to defend against it vigorously. As
     part of the Purchase Agreement between the Company and the previous owner
     of Level Jump Trading (previously Southland Securities), the Company is
     indemnified for up to $150,000 for past liabilities. The Company has denied
     the previous contractor's demand and is waiting for a response from the
     previous contractor.

     The Company and a director settled a claim that had been brought against
     the Company and a director alleging that the Company, the director and a
     number of unrelated parties owed up to $90,000 as a finders fee for a
     transaction. The Company did not make any payments or provide any other
     consideration to settle the claim.

     Management is not currently aware of any other legal proceeds or claims
     that the Company believes will have, individually or in the aggregate, a
     material adverse effect on the Company's financial position or results of
     operations.

                                       12

<PAGE>

7.   Subsequent Events

     On October 30, 2000, the Company approved the sale of thestockpage.com inc.
     to Robert Landau and David Roff, two directors, officers and shareholders
     of the Company. The motion was approved unanimously by the disinterested
     members of the board of directors. On October 31, the Company obtained
     shareholder consents from shareholders holding a majority of the issued and
     outstanding common shares and filed a preliminary information statement
     with the SEC. The sale of thestockpage.com is for consideration of $100;
     cancellation of the right to acquire 5,912,500 common shares of the
     Company; cancellation of the Class A preferred share and Class B preferred
     share of the Company; and cancellation of employment agreements between the
     Company, Robert Landau and David Roff. The Company anticipates accounting
     for the sale of thestockpage.com as a discontinued operation.

                                       13

<PAGE>

Item 2. Management's Discussion and Analysis

When used in this Form 10-QSB and in future filings by Level Jump with the
Securities and Exchange Commission, the words or phrases "will likely result,"
"management expects," "Level Jump expects," "will continue," "is anticipated" or
similar expressions are intended to identify "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. Readers are
cautioned not to place undue reliance on any such forward-looking statements,
each of which speak only as of the date made. These statements are subject to
risks and uncertainties, some of which are described below. Actual results may
differ materially from historical earnings and those presently anticipated or
projected. Level Jump has no obligation to publicly release the results of any
revisions that may be made to any forward-looking statements to reflect
anticipated events or circumstances occurring after the date of such statements.

Introduction

The Company had a difficult quarter amid increasing competition for the
provision of on-line investor relations services and volatile trading results in
the broker-dealer subsidiary. In light of the negative operating results for the
Company's subsidiaries during the last three quarters, the board of directors
developed a restructuring plan and has begun the process of implementing it.

On October 30, 2000, the Company approved the sale of thestockpage.com inc. to
Robert Landau and David Roff, two directors, officers and shareholders of the
Company. The motion was approved unanimously by the disinterested members of the
board of directors. On October 31, 2000 the Company obtained shareholder
consents from shareholders holding a majority of the issued and outstanding
common shares and filed a preliminary information statement with the SEC. The
sale of thestockpage.com is for consideration of $100; cancellation of the right
to acquire 5,912,500 common shares of the Company; cancellation of the Class A
preferred share and Class B preferred share of the Company; and cancellation of
employment agreements between the Company, Robert Landau and David Roff.

On November 2, 2000, certain shareholders including shareholders who are
directors of the company agreed to sell 5,949,750 shares of issued and
outstanding shares of common stock, or approximately 72 percent, of the Company
to an unaffiliated entity. The purchaser expressed interest in building the
broker-dealer and have already lent the Company $803,900 in market value of
freely tradable common stock to capitalize the broker-dealer. If the sale
closes, the existing board of directors and management of the Company will be
replaced by a new board of directors to be named by the unaffiliated entity.

As part of the restructuring of the Company and its subsidiaries, the board of
directors has filed a final return to dissolve Level Jump Financial Group

                                       14


<PAGE>

(Canada), Inc. and anticipates the completion of this within the next four
months. The Company also intends to wind-up Level Jump Asset Management, Inc., a
dormant subsidiary, within the next six months.

Upon completion of the restructuring, the Company will be able to focus on its
core broker-dealer business, will have eliminated an unprofitable investor
relations business, and should have access to additional capital through the new
shareholders who have experience in raising funds for companies.

Three Months Ended September 30, 2000 Compared to Three Months Ended September
30, 1999

For the three months ended September 30, 2000, revenues decreased by 82% to
$242,360 from $1,313,470 for the prior comparable period. Investor relations'
revenues decreased by 86%. thestockpage.com signed two new clients for
significantly lower prices and for longer service terms than in the prior
comparable period. Level Jump Trading contributed $67,627 in revenues to the
Company. The broker-dealer had mixed trading results during the quarter.

The Company's gross profit as a percentage of revenues decreased to 53% for the
three months ended September 30, 2000 from 85% for the prior comparable period.
Gross profit margin in the broker-dealer was 4%. Cost of revenue consisted of
clearing fees, ECN fees and commissions to traders. The unanticipated decline in
gross profit margin in the broker-dealer was a result of lower than expected
trading revenues. Gross profit margin from financial public relations was 61%.
Cost of revenue consisted of direct salaries and costs for investor relations'
campaigns. The gross profit margin from financial public relations has declined
in 2000 as the price per client has dropped and the term and nature of services
performed has increased.

Operating expenses for the three months ended September 30, 2000 were $481,220,
a decrease from $523,143 in the prior comparable period. Sales and marketing
expenses decreased to $1,959 from $20,567 for the prior comparable period.
General and administration costs decreased to $461,895 from $502,576. This
decrease is attributable to the restructuring program being implemented by the
Company that includes a reduction in staff in thestockpage.com, the foregoing of
management salaries by key management of the Company, and general cost cutting
measures as opportunities arose.

For the three months ended September 30, 2000, investment income decreased to a
loss of $165,890 from a loss of $47,535 in the prior comparable period.
Investment income is primarily comprised of capital gains and losses on the
sales of securities. Realized gains and losses are dependent on market and
company specific conditions and can vary dramatically from quarter to quarter
and year to year. In the three months ended September 30, 2000, Level Jump Asset
Management realized a significant loss from warrants it was holding in one of
its past clients and thestockpage.com realized a loss from stock that had been
restricted for one year and had declined in price.

The Company's effective tax rate differs from the statutory tax rate because of
operating losses in thestockpage.com and tax rate differences on capital gains
between Canada and the United States.

For the three months ended September 30, 2000, the Company's net loss was
$467,490 as compared to net income of $273,966 for the prior comparable period.

Nine Months Ended September 30, 2000 Compared to Nine Months Ended September 30,
1999

For the nine months ended September 30, 2000, revenues decreased by 75% to
$567,937 from $2,277,013 for the prior comparable period. Investor relations'
revenues decreased by 90%. thestockpage.com signed two clients for significantly
lower prices and for longer service terms as compared with the five clients
signed in the prior comparable period. Level Jump Trading contributed $338,485
in revenues to the Company. The broker-dealer had mixed trading results during
the entire period with an exceptional decline in September.

The Company's gross profit as a percentage of revenues decreased to 42% for the
nine months ended September 30, 2000 from 81% for the prior comparable period.
Gross profit margin in the broker-dealer was 61%. Cost of revenue consisted of



                                       15

<PAGE>

clearing fees, ECN fees and commissions to traders. Gross profit margin from
financial public relations was 13%. Cost of revenue consisted of direct salaries
and costs for investor relations' campaigns. The gross profit margin from
financial public relations has declined in 2000 as the price per client has
dropped and the term and nature of services performed has increased.

Operating expenses for the nine months ended September 30, 2000 were $1,787,663,
an increase from $969,898 in the prior comparable period. Sales and marketing
expenses increased to $92,725 from $75,659 for the prior comparable period. This
increase is attributable to financial public relations costs to increase Level
Jump's profile in the investment community. Product development costs decreased
to $0 from $10,480 for the prior comparable period. General and administration
costs increased to $1,729,123 from $883,759. This increase is attributable to an
allowance for doubtful accounts, increases in staff salaries in thestockpage.com
during the first six months of 2000 and Level Jump Trading, rent expense from a
larger office in Toronto, Ontario and offices in New York, NY and Fort Worth,
TX, professional fees and regulatory fees.

For the nine months ended September 30, 2000, investment income increased to
$679,574 from $210,400 in the prior comparable period. Investment income is
primarily comprised of capital gains and losses on the sales of securities.
Realized gains and losses are dependent on market and company specific
conditions and can vary dramatically from quarter to quarter and year to year.
In the nine months ended September 30, 2000, thestockpage.com realized
substantial gains from two clients that experienced increases in stock prices
since thestockpage.com began holding the securities.

The Company's effective tax rate differs from the statutory tax rate because of
operating losses in thestockpage.com and tax rate differences on capital gains
between Canada and the United States.

For the nine months ended September 30, 2000, the Company's net loss was
$782,572 as compared to net income of $630,607 for the prior comparable period.

Liquidity and Capital Resources

At September 30, 2000, the Company had a net working capital deficit of
$224,942. The Company's principal sources of liquidity include cash and cash
equivalents, deposits with clearing broker, and investments in marketable
securities.

At September 30, 2000, thestockpage.com has current income taxes payable to the
Canadian federal government and Ontario provincial government of $591,340. This
liability is past due and interest is accruing at a rate of 9%. Because of
operating losses, the decline in value of securities, limited cash flow, and
intercompany loans that cannot be repaid immediately, thestockpage.com cannot
repay its Federal and Provincial tax liabilities at this time. The Federal and
Provincial governments have a number of options available to them when
attempting to collect unpaid taxes including: attachment or seizure of assets,
garnishment of accounts receivable, bank accounts or wages, and cancellation of
thestockpage.com's articles of incorporation. To date, thestockpage.com has not
entered into any formal repayment arrangements with the Federal government.
thestockpage.com has agreed to repay approximately $2,700 per month to the
Provincial government over the next 12 months at which time the repayment
schedule will be reexamined. There is significant risk that thestockpage.com
could be shut down by the Canadian Federal and/or Ontario Provincial governments
because of its inability to repay its current income taxes.

On August 1, 2000, the Company completed the repayment of its $500,000 bank
loan.

The Company has a $2,107,478 deficit in cash from operating activities for the
nine months ending September 30, 2000 compared to a deficit of $990,536 for the
comparable prior period. The decrease in cash generated from operations during
the nine months ending September 30, 2000 is primarily due to the net loss,
increases in realized capital gains, deposits with clearing broker and
investments in marketable securities - trading, and decreases in additional
income taxes payable. Offsetting these amounts was a decrease in accounts
receivable, accrued liabilities and fees satisfied by securities.

                                       16

<PAGE>

Net cash of $1,234,929 was generated by investing activities for the nine months
ending September 30, 2000 due to sales of marketable securities of $1,506,284
that significantly exceeded purchases of fixed assets of $136,572 and the
acquisition of Southland for $350,000. In the comparable prior period, net cash
of $1,454,435 was generated by investing activities primarily due to the
proceeds from sales of marketable securities of $563,517 and the decrease in
amounts due from related parties of $910,380.

Net cash of $918,123 was generated by financing activities for the nine months
ending September 30, 2000 due to issuance of common shares of $623,000 and the
issuance of a note payable of $803,900 that was partially offset by repayment of
the bank loan of $500,000. In the comparable prior period, a net deficit of
$418,840 was caused by the payment of dividends and a decrease in amounts due to
related parties.

On January 24, 2000, the Company issued 178,000 common shares to four
individuals at a price per share of $2.50 for total proceeds of $445,000. On
April 13, 2000, the Company issued 186,000 common shares to two individuals at a
price per share of $1.00 for total proceeds of $186,000. The Company paid a
commission of $8,000 and issued 2,000 common shares with a value of $1.00 per
share to a finder for assistance in raising $100,000 of the $186,000. The other
$86,000 of proceeds was raised through a director of the Company and no
commission was paid.

On September 29, 2000, the Company received $803,900 fair value of freely
tradable common stock of two United States Over-the-Counter Bulletin Board
issuers from two external parties in a non-monetary transaction. In exchange for
the common stock, the Company issued a note payable to the external parties. The
amounts received were used to capitalize the Company's broker-dealer subsidiary.
The note is non-interest bearing and has a maturity date of February 15, 2001.
The Company can sell the common stock with prior permission from the lenders.
Any amounts sold by the Company are repayable in cash on the maturity date. Any
amounts still held as common stock are repayable in common stock on the maturity
date. $400,000 in cash value of the note payable can be converted at the
lenders' option into a 39.9% equity interest in the Company's broker-dealer
subsidiary.

For the nine months ended September 30, 2000, the Company's net increase in cash
and cash equivalents was $45,574 as compared to a net increase of $45,059 for
the prior comparable period.

The Company expects to fund short-term operations and other cash expenditures
through the use of available cash, sales of marketable securities, proceeds from
the issuance of the note payable, and new equity sources. The Company has been
covering losses through the sale of marketable securities, the issuance of
common stock and the issuance of the note payable. The Company's investment
position has declined significantly over the past nine months and the Company
will not be able to continue covering losses in thestockpage.com beyond the next
two months through the sale of marketable securities. It is the Company's
intention to close the sale of thestockpage.com prior to December 31, 2000. The
Company intends to use proceeds from the note payable to fund any working
capital deficiencies in the broker-dealer. Management has implemented a
restructuring plan which includes the sale of a controlling interest in the
Company to unaffiliated parties that management believes has the ability to
raise additional equity capital for the Company. There is no assurance that such
equity capital will be raised. Over the long-term, management believes that to
realize its business plan, the Company will need to raise significant external
financing. If these funds are not raised, the Company will have to scale back
the implementation of its broker-dealer strategy.

                           Part II - OTHER INFORMATION

Iem 1.  Legal Proceedings

The Company and a director settled a claim that had been brought against the
Company and a director in the Superior Court of Ontario alleging that the
Company, the director and a number of unrelated parties owed up to $90,000 as a
finders fee for a transaction. The Company did not make any payments or provide
any other consideration to the Plaintiff to settle the claim.


                                       17

<PAGE>

Item 2.  Changes in Securities

None.

Item 3.  Defaults Upon Senior Securities

None.

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

On October 31, 2000, the Company obtained the consent of 10 persons having the
right to vote the equivalent of 12,619,553 shares of common stock which approved
the sale of the Company's subsidiary, thestockpage.com inc., to Messrs. Robert
Landau and David Roff, directors and officers of the Company. On October 31,
2000, the Company filed a preliminary Information Statement with the Securities
and Exchange Commission reporting the consent action by the shareholders. The
Company will file and distribute the definitive Information Statement
immediately after the review period of the SEC has passed, which is anticipated
to be about November 10, 2000.

Item 5.  Other Information

None.

Item 6.  Exhibits and Reports on Form 8-K

(a)      Exhibits Filed.

         27.1  Financial Data Schedule.

(b)      Reports on Form 8-K.

The Company filed a Current Report on Form 8-K to report the change of the
independent accountants as of September 19, 2000. The Current Report disclosed
that Simon, Krowitz, Bolin & Associates, P.A. are the new independent
accountants of the Company.

<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 of the
undersigned, thereunto duly authorized.

Dated: November 8, 2000                Level Jump Financial Group, Inc.


                                        By: /s/Robert Landau
                                            -----------------------------
                                             Robert Landau
                                             President

                                        By: /s/ David Roff
                                            -----------------------------
                                              David Roff
                                              Treasurer

                                        By: /s/ Brice Scheschuk
                                            -----------------------------
                                              Brice Scheschuk
                                              Secretary
                                             (Principal Financial and
                                              Accounting Officer)