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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               -------------------

                                   FORM 10-QSB
                                   (MARK ONE)

[X]      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES
         EXCHANGE ACT OF 1934
         For the quarterly period ended March 31, 2000
or

[ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES
         EXCHANGE ACT OF 1934
         For the transition period from __________________ to __________________



                             INTERNET MULTI MEDIA CORPORATION.

             (Exact Name of Registrant as Specified in its Charter)

                NEVADA                                         87-0431096
--------------------------------------------------------------------------------
(State of Other Jurisdiction of Incorporation                (I.R.S. Employer
             or Organization)                               Identification No.)


2533 North Carson Street, Suite 3358 Carson City, Nevada            89706
--------------------------------------------------------------------------------
  (Address of Principal Executive Offices)                           (Zip Code)

                                 (702) 841-4779
                                 --------------
                (Issuer's Telephone Number, Including Area Code)

                        (Formerly Millenia Corporation)

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 and Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

As of May 1, 2000 there were 25,382,247 shares of common stock outstanding.



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                        INTERNET MULTI MEDIA CORPORATION

                               TABLE OF CONTENTS

Part I. Financial Information

Item 1. Financial Statements

<TABLE>
<CAPTION>
                                                                            PAGE
                                                                            ----
         <S>                                                                <C>
         Condensed Consolidated Balance Sheets -
           At March 31, 2000 (unaudited) and at December 31, 1999...........  1

         Condensed Consolidated Statements of Cash Flows (unaudited) - Three
           months ended March 31, 2000 and 1999 ............................  3

         Condensed Consolidated Statements of Operations (unaudited) -
           Three months ended March 31, 2000 and 1999.......................  4

         Notes to Condensed Consolidated Financial Statements (unaudited)...  5

Item 2.  Management's Discussion and Analysis of Financial Condition
           and Results of Operations........................................ 10

Part II. Other Information

         Item 1.  Legal Proceedings......................................... 12

         Item 2.  Changes in Securities and Use of Proceeds................. 12

         Item 3.  Defaults Upon Senior Securities........................... 12

         Item 4.  Submission of Matters to a Vote of Security Holders....... 12

         Item 5.  Other Information......................................... 12

         Item 6.  Exhibits and Reports on Form 8-K.......................... 12

                  Signature Page............................................ 13
</TABLE>




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                                       1

INTERNET MULTI-MEDIA CORPORATION
CONSOLIDATED BALANCE SHEET
AS AT MARCH 31, 2000
-------------------------------------------------------------------------------




<TABLE>
<CAPTION>
                                                      2000             1999
<S>                                                   <C>           <C>

ASSETS

CURRENT
Cash                                                  $    890      $    890
Loan receivable (Note 6)                                35,000
--------------------------------------------------------------------------------

                                                        35,890           890

INVESTMENTS(NOTE 7)                                          1             1


--------------------------------------------------------------------------------


                                                      $ 35,891      $     891
--------------------------------------------------------------------------------
</TABLE>


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                                       2



INTERNET MULTI-MEDIA CORPORATION
CONSOLIDATED BALANCE SHEET
AS AT MARCH 31, 2000
--------------------------------------------------------------------------------



<TABLE>
LIABILITIES

CURRENT
<S>                                                  <C>             <C>
Accounts payable and accrued charges                 $  125,059     $    81,039
Accounts payable - stockholder                            1,442           1,442
--------------------------------------------------------------------------------

                                                        126,501          82,481
--------------------------------------------------------------------------------


STOCKHOLDERS' EQUITY

SHARE CAPITAL
Preferred Stock, $.001 par value, 10,000,000
shares authorized, Common Stock, $.001 par value,
100,000,000 shares authorized, 25,382,247 shares
issued (24,380,400 - December 31, 1998)                  19,210          19,210

Capital in excess of par value                        6,803,185       6,803,185

Discount on common stock                                (98,290)        (98,290)
--------------------------------------------------------------------------------

                                                      6,724,105       6,724,105

DEFICIT                                              (6,814,715)     (6,805,695)
--------------------------------------------------------------------------------

                                                        (90,610)        (81,590)
--------------------------------------------------------------------------------

                                                     $   35,891      $      891
--------------------------------------------------------------------------------
</TABLE>


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                                       3



INTERNET MULTI-MEDIA CORPORATION
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED MARCH 31, 2000

--------------------------------------------------------------------------------




<TABLE>
<CAPTION>
                                                       2000             1999

<S>                                                <C>               <C>
CASH FLOWS PROVIDED (USED) IN OPERATING
ACTIVITIES

Net loss for the quarter                           $ (9,020)        $  (294,173)

--------------------------------------------------------------------------------

                                                     (9,020)           (294,173)

Net change in the following:
                     Accounts receivable                 --             309,173
                     Accounts payable                44,020             (15,000)
--------------------------------------------------------------------------------

                                                     35,000                  --
--------------------------------------------------------------------------------


INVESTING ACTIVITIES
Loans to SMC SourndMusic.com Inc.                   (35,000)
        --              --
--------------------------------------------------------------------------------


CHANGE IN CASH DURING THE PERIOD                         --                  --

CASH - BEGINNING OF PERIOD                              890                 890
--------------------------------------------------------------------------------

CASH - END OF PERIOD                               $    890         $       890
--------------------------------------------------------------------------------
</TABLE>


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                                       4



INTERNET MULTI-MEDIA CORPORATION
CONSOLIDATED STATEMENT OF OPERATIONS
FOR THE THREE MONTHS ENDED MARCH 31, 2000

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

<TABLE>
                                          2000              1999


<S>                                    <C>               <C>
REVENUE                                $      --         $      --

COST OF SALES                                 --                --
--------------------------------------------------------------------------------

GROSS MARGIN                                  --                --
--------------------------------------------------------------------------------

EXPENSES

Administrative expenses                    5,202                --
Office and general                         3,091                --
Transfer agent fees                          727                --
--------------------------------------------------------------------------------
LOSS BEFORE UNUSUAL ITEMS                 (9,020)               --
--------------------------------------------------------------------------------

UNUSUAL ITEMS

Writedown of investments                      --          (309,173)
Reductions in accounts payable                --            15,000

--------------------------------------------------------------------------------

                                              --          (294,173)
--------------------------------------------------------------------------------

NET LOSS FOR QUARTER                   $  (9,020)        $(294,173)
--------------------------------------------------------------------------------

WEIGHTED AVERAGE LOSS PER SHARE        $   (0.00)        $    (.01)
</TABLE>


<PAGE>   7
                                       5



INTERNET MULTI-MEDIA CORPORATION
NOTES TO FINANCIAL STATEMENTS
AS AT MARCH 31, 2000

--------------------------------------------------------------------------------

         1.       SIGNIFICANT ACCOUNTING POLICIES

                  ORGANIZATION AND DIVIDEND POLICY

                  The Company was incorporated under the laws of the State of
                  Utah on November 25, 1985 and initially elected a fiscal year
                  end of January 31. The Company changed its year end to
                  December 31 starting in 1987. The Company is in the
                  development stage because it has not commenced planned
                  principal operations in attempting to search for and develop
                  or acquire a business opportunity. It sold its common stock to
                  the public through a public offering. The Company has, at
                  present time, not paid any dividends and any dividends that
                  may be paid in the future will depend upon the financial
                  requirements of the company and other relevant factors.

                  LOSS PER SHARE

                  The computation of loss per share of common stock is based
                  upon the weighted average number of shares outstanding during
                  the periods presented.

                  In February 1997 the Financial Accounting Standards Board
                  issued a new statement titled "Earnings Per Share" ('FAS
                  128"). The new statement is effective for both interim and
                  annual periods ending after December 15, 1997. FAS 128
                  replaces the presentation of primary and fully diluted
                  earnings per share with the presentation of basic and diluted
                  earnings per share. The Company has determined that the
                  adoption of FAS 128 would have no impact on the financial
                  statements.

                  CASH EQUIVALENTS

                  For purposes of the Statement of Cash Flows, the Company
                  considers all highly liquid debt instruments purchased with a
                  maturity of three months or less to be cash equivalents.


                  INVESTMENTS

                  Investments which represent interests in companies for which
                  the company would be deemed not to assert voting control have
                  been accounted for by the cost method and are increased by
                  advances and decreased by withdrawals or dividends received.
                  If the value of such investments has been impaired, the
                  Company follows the policy of writing them down.


<PAGE>   8
                                       6



INTERNET MULTI-MEDIA CORPORATION
NOTES TO FINANCIAL STATEMENTS
AS AT MARCH 31, 2000
--------------------------------------------------------------------------------

         2.       CERTAIN COMMON STOCK TRANSACTIONS

                  Prior to March 31, 1987, the Company completed a public
                  offering whereby 15,000,000 ($150,000) pre-reverse split
                  shares of its previously authorized but unissued common stock
                  were sold to the public at $.01 per share pursuant to an
                  exemption from registration under federal law pursuant to
                  Subsection 3(b) of the Securities Act of 1933, Regulation D.
                  Rule 504. The public offering was, however, registered with
                  the Utah Securities Division pursuant to U.C.A. Section 61 - 1
                  - 10. Net proceeds to the Company after deducting costs of the
                  offering of $22,807 amounted to $127,193. On September 15,
                  1993 the board of directors of the Company authorized the
                  issuance of 10,000,000 shares (50,000 post reverse split) of
                  stock at par value ($.001 per share) to Arnold S. Grundvig,
                  Jr. for services rendered on behalf of the Company with
                  respect to the change of domicile, for taking over the
                  responsibility as president of Yellow Jacket Corp. prior to
                  the merger and for paying costs associated with the merger of
                  the Company with Waco Holding Company. The above par value of
                  the shares, $10,000, was discounted $7,000 to arrive at a
                  value for the above at $3,000.




         3.       BUSINESS COMBINATION

                  Effective October 31, 1993 the Company merged with Waco
                  Holding Company (Waco) a newly formed Nevada Corporation in a
                  business combination accounted for as a purchase using
                  historical cost values. Waco was initially incorporated in
                  Nevada as Yellow Jacket Corp. but changed its name to Waco at
                  the time of the Merger. At the time of the merger the only
                  asset of Waco was an option to purchase certain rights to a
                  mining concession in Mexico known as the Santa Rita Mine. Waco
                  obtained the option from Barclay Financial Corporation and its
                  president. The option had a historical cost of $912. Waco was
                  acquired by issuing 91,200,000 shares (456,000 post reverse
                  split) of Company common stock at a par value of $.001. The
                  shares were discounted to arrive at the historical cost of
                  $912. Immediately after the merger Waco became the sole
                  surviving corporation. Waco has had no business operations or
                  activity and is considered a development stage company and at
                  November 17, 1993 had been in existence for one month. At the
                  time of the merger the authorized preferred stock was
                  discontinued. None of the previous preferred stock had been
                  issued by the Company. Prior to November 30, 1994 the option
                  expired without being exercised and was written off.


<PAGE>   9
                                       7



         4.       GOING CONCERN

                  The Company has experienced losses of $6,814,715 through March
                  31, 2000 and has no working capital. In light of this
                  circumstance, the ability of the Company to continue as a
                  going concern is substantially in doubt. The financial
                  statements do not include any adjustments that might result
                  from the outcome of this uncertainty.

                  Management plans are to seek enough working capital to
                  continue the existence of the Company and to seek a business
                  combination with a viable business entity that can provide
                  business operations and working capital. Management believe
                  their plans will provide the corporation with the ability to
                  continue in existence.

         5.       ACQUISITION OF WHOLLY-OWNED SUBSIDIARY

                  On April 30, 1998, the Company acquired 100% of the
                  outstanding shares of Naturally Niagara Beverage Corporation.
                  The purchase price of the acquisition was 2 shares of Millenia
                  common stock for each share of Naturally Niagara common stock
                  outstanding at that time. Naturally Niagara Beverage
                  Corporation is a Delaware corporation involved in the
                  distribution of various related spring water beverage products
                  through its acquisition of interests in various companies
                  involved in the spring water business.



         6.       LOAN RECEIVABLE

                  The company has loaned SMC Soundmusic.com Inc. $35,000.00. On
                  February 24, 2000 the company entered into a letter of Intent
                  to acquire the shares of SMC Soundmusic.com. Upon completion
                  of the acquisition this loan will be converted to a payment to
                  SMC Soundmusic.com Inc per the letter of Intent.



          7.      INVESTMENTS

                  Investments consist of the following:



<TABLE>
                   <S>                                                    <C>
                   Springerville Pure Mountain Water Company              $  70,500
                   Tahoe Mist, Inc.                                         250,000
                   Tahoe Mist 5 Gallon                                       50,000
                   Ferndale Vineyards, Inc.                                 151,925
                   Reson Acquisition Corp                                   135,000
                                                                          ---------

                                                                            657,425
                   Less: Writedown to estimated net realizable value       (657,424)
                                                                          ---------
                                                                          $       1
</TABLE>


<PAGE>   10
                                       8


INTERNET MULTI-MEDIA CORPORATION
NOTES TO FINANCIAL STATEMENTS
AS AT MARCH 31, 2000
--------------------------------------------------------------------------------

          7.      INVESTMENTS (CONTINUED)

                  SPRINGERVILLE PURE MOUNTAIN WATER COMPANY

                  This is a joint venture with two other companies with
                  Naturally Niagara holding 45% of the joint venture
                  Springerville holding 45% and Southwest Management Inc.
                  holding 10%. Naturally Niagara's commitment to the joint
                  venture is $150,000 in cash. As of December 31,1998 the
                  Company has contributed $70,000 to the joint venture. As
                  result of the company's inability to fund its commitment for
                  cash, it has been agreed upon that the interest of the Company
                  be reduced to 10%. The joint venture was created to put up a
                  plant and a bottling facility on 10 acres of land in the
                  Northern Arizona mountains approximately 212 miles north east
                  of Phoenix. The water from our well has been tested by the
                  state authorities and has passed as a truly pure source of
                  water. As of the date of this financial statement, there has
                  been no financial information released on the joint venture in
                  order to determine if there is any impairment in value of the
                  above noted investment.

                  TAHOE MIST INC.

                  The Company has purchased 12.25% of Tahoe Mist Inc., a
                  bottling facility located in Carson City, Nevada for $250,000.
                  The Company has a further option to purchase up to 49% of the
                  facility over the next two years for an additional $750,000.
                  Tahoe Mist has on its property a natural free flowing spring
                  whose source comes from Lake Tahoe through the Sierra Nevada
                  mountains, and carbon 14 testing indicates that it takes
                  12,000 years for the water to surface on the Tahoe Mist
                  property. The natural spring has a flow rate of 800,000
                  gallons per day, and comes to the surface at a temperature of
                  120 degrees, it is the only natural "lot spring" of its kind
                  in the world.

                  As of the date of this financial statement there has been no
                  financial information released on the Company in order to
                  determine if there is any impairment in value of the above
                  noted investment.

                  TAHOE MIST 5 GALLON

                  The Company has entered into a letter of intent to purchase
                  49% of the Tahoe Mist 5 gallon business. This business
                  provides the 5 gallon jugs of water plus the water cooler to
                  residential homes and businesses in the Carson City - Reno
                  area of Nevada. The purchase price is $100,000 of which
                  $50,000 has been paid to date.

<PAGE>   11
                                       9


INTERNET MULTI-MEDIA CORPORATION
NOTES TO FINANCIAL STATEMENTS
AS AT MARCH 31, 2000
--------------------------------------------------------------------------------

          7.      INVESTMENTS (CONTINUED)

                  FERNDALE VINEYARDS INC.

                  The Company entered into an agreement on November 30, 1997 to
                  acquire 100% of the issued and outstanding shares of Ferndale
                  Vineyards Inc. Ferndale is the original developer of the
                  non-alcoholic line of drinks under the tradename "Champanade".

                  The purchase price is $2,100,000 Canadian Dollars or
                  approximately $1,470,000 in US Dollars. The purchase price is
                  payable as follows; $225,000 upon the execution of the
                  agreement of purchase and sale, $25,000 June 30, 1998, $50,000
                  December 31, 1998, June 30, 1999, December 31, 1999, June 30,
                  2000, December 31, 2000 and June 30, 2001 interest free. The
                  remainder of the purchase price is paid by 100,000 shares of
                  Naturally Niagara shares valued at the greater of $2.00 US per
                  share or 80% of the price of the stock upon the Company going
                  public and the difference in a debenture that is interest free
                  for the first four years then is payable over 10 years
                  amortised over 25 years with a balloon payment due at the end
                  of the tenth year at the lessor of 7.5% interest and the prime
                  interest rate charged by the banks.

                  The company has not met its obligation to acquire the total
                  interest in Ferndale. As result the Company now maintains a
                  10% interest in Ferndale until such time as it meets it
                  obligation to acquire the balance of Ferndale.

                  RESON ACQUISITION CORPORATION

                  Reson Acquisition Corporation, a Delaware Corporation was
                  formed in October 3, 1996. The Company has acquired an
                  interest in Irtys Oil, Inc. a company formed to identify
                  untapped petroleum reserves. Irtys Oil has acquired certain
                  joint venture interests for oil and gas exploration in
                  Kazakhstan. The company has acquired 67,500 common shares at
                  $2.00 per share.


<PAGE>   12
                                       10


Item 2.

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

                                    OVERVIEW

                SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report contains certain "forward-looking statements" as defined under
Section 21E of the Securities Exchange Act of 1934. The Company desires to take
advantage of the "safe harbor" provisions of Section 21E and is including this
statement for the express purpose of availing itself of the protection of the
safe harbor with respect to all such forward-looking statements. These
forward-looking statements, which are included in Management's Discussion and
Analysis, describe future plans or strategies and may include the Company's
expectations of future financial results. The words "believe", "expect",
"anticipate", "estimate", "project", and similar expressions identify
forward-looking statements. The Company's ability to predict results or the
effect of future plans or strategies or qualitative or quantitative changes
based on market risk exposure is inherently uncertain. Factors which could
effect actual results include but are not limited to i) change in general market
interest rates, ii) general economic conditions, both in the United States
generally and in the Company's market area, iii) legislative/regulatory changes,
iv) monetary and fiscal policies of the U.S. Treasury and the Federal Reserve,
v) changes in the quality or composition of the Company's loan and investment
portfolios, vi) demand for loan products, vii) deposit flows, viii) competition,
and ix) demand for financial services in the Company's markets. These factors
should be considered in evaluating the forward-looking statements, and undue
reliance should not be placed on such statements.



                             RESULTS OF OPERATIONS

                       Three Months Ended March 31, 2000.



During the first three months of 2000, the Company's business activities
involved the search for investment opportunities in diverse industries. The
company also explored a variety of financing alternatives.

         On February 24, 2000 the Company entered into a letter of intent to
acquire SMC Soundmusic.com Inc.(SMC) This letter of intent is subject to certain
terms and conditions, including, but not limited to:

         a) The execution of a formal share exchange agreement within 10 days
(this 10 day limit was extended indefinitely by all parties in order to obtain a
valuation of SMC)

         b) To the issuance of an unknown amount of shares of the Company to the
current owners of SMC and to a finder;

         c) The payment of $200,000 to SMC; and

         d) The appointment of a majority of directors of the Company by SMC.



SMC is an online music and advertising company in the development stage,
specializing in the promotion and distribution of music using music compression
technology, including MP3. SMC is currently in discussions with several artists
to be represented on the site

<PAGE>   13
                                       11


on a non-exclusive basis. The site can be found on the internet at
www.soundmusic.com. SMC is newly organized and has not achieved a profitable
level of operations.

The company has advanced a loan of $35,000 to SMC in anticipation of completing
the acquisition.

The Company has experienced losses of $6,814,715 through March 31, 2000 and has
no working capital. In light of this circumstance, the ability of the Company to
continue as a going concern is substantially in doubt. Management plans are to
seek enough working capital to continue the existence of the Company and to seek
a business combination with a viable business entity that can provide business
operations and working capital. Management believes their plans will provide the
corporation with the ability to continue in existence.


<PAGE>   14
                                       12


                            PART II OTHER INFORMATION

Item 1    LEGAL PROCEEDINGS

  Management is not aware of any legal proceedings against the company.

Item 2    CHANGES IN SECURITIES AND USE OF PROCEEDS

  Not applicable

Item 3    DEFAULTS UPON SENIOR SECURITIES

  Not applicable

Item 4    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

  No matters were submitted for a vote of shareholders during the period covered
by this report.

Item 5    OTHER INFORMATION

  Not applicable

Item 6    EXHIBITS AND REPORT ON FORM 8-K

  (a)  Exhibits

          NUMBER           DESCRIPTION

            27             Financial Data Schedule

  (b)   Reports on Form 8-K

     On February 29, 2000 the Company filed a Form 8-K to report it's letter of
intent with SMC Soundmusic.com Inc. On March 10, 2000 the Company filed an
amended Form 8-KA indefinitely extending the acquisition date of SMC
Soundmusic.com Inc.


<PAGE>   15
                                       13




                                    SIGNATURE

         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 hereunto duly authorized.

                                           INTERNET MULTI MEDIA CORPORATION.

Date:   May 15, 2000                        By: /s/ MICHAEL WALDKIRCH, President
                                               ---------------------------------
                                              MICHAEL WALDKIRCH, President

Date:   May 15, 2000                        By: /s/ MICHAEL WALDKIRCH
                                               ---------------------------------
                                              MICHAEL WALDKIRCH, Chief Financial
                                              Officer