U.S. 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, 2001.

     [ ] Transition report under Section 13 or 15(d) of the Securities  Exchange
     Act of 1934 For the transition period from ------------ to ------------.

                    Commission file number                     000-29553
                                            ----------------------------

                                 SAFE IDEA, INC.
                    -----------------------------------------
                     (Exact name of small business issuer as
                            specified in its charter)

                                Nevada 88-0492640
--------------------------------------------------------------------------------
                   (State or other jurisdiction (IRS Employer
              of incorporation or organization) Identification No.)

                         Suite 700, 1755 Robson Street,
                           Vancouver, British Columbia
                                 Canada, V6G 3B7
                                ----------------
                    (Address of principal executive offices)

                                 (604) 908-0337
                            Issuer's telephone number


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


                      APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares  outstanding of each of the issuer's  classes of
common  equity,  as of the  latest  practical  date:  April 5,  2001  18,000,000


      Transitional Small Business Disclosure Format (check one). Yes ; No X




<PAGE>



                                     PART I


Item 1.  Financial Statements



                         INDEPENDENT ACCOUNTANT'S REPORT


Safe Idea, Inc.
(A Development Stage Company)

           We have reviewed the accompanying balance sheet of Safe Idea, Inc. (A
Development  Stage  Company) as of March 31, 2001 and December 31, 2000, and the
related  statements  of  operations  and cash flows for the three month  periods
ended March 31, 2001 and 2000. These financial statements are the responsibility
of the Company's management.

           We conducted our review in accordance  with standards  established by
the  American  Institute of Certified  Public  Accountants.  A review of interim
financial  information consists principally of applying analytical procedures to
financial  data and making  inquiries of persons  responsible  for financial and
accounting matters. It is substantially less in scope than an audit conducted in
accordance with generally accepted auditing standards, the objective of which is
the expression of an opinion regarding the financial statement taken as a whole.
Accordingly, we do not express such an opinion.

           Based on our review,  we are not aware of any material  modifications
that should be made to the accompanying  financial  statements for them to be in
conformity with generally accepted accounting principles.

                                                   Respectfully submitted



                                                   \s\ Robison, Hill & Co.
                                                   Certified Public Accountants

Salt Lake City, Utah
May 9, 2001







                                        2

<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                                 BALANCE SHEETS
                                   (Unaudited)


                                                         March 31,  December 31,
                                                           2001         2000
                                                         ---------    ---------
ASSETS
Current Assets
    Cash .............................................   $      25    $      52
    Prepaid Expenses .................................        --          1,000
                                                         ---------    ---------
         Total Current Assets ........................          25        1,052
                                                         ---------    ---------

Fixed Assets:
    Domain Name and Websites .........................       5,000        5,000
    Less Accumulated Amortization ....................        (833)        (417)
                                                         ---------    ---------
         Net Fixed Assets ............................       4,167        4,583
                                                         ---------    ---------

         Total Assets ................................   $   4,192    $   5,635
                                                         =========    =========

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
     Accounts Payable ................................   $  20,873    $  19,590
     Shareholder Advances ............................       3,854        4,036
                                                         ---------    ---------

         Total Liabilities ...........................      24,727       23,626
                                                         ---------    ---------

Stockholders' Equity:
  Common Stock, Par value $.0001,
    Authorized 50,000,000 shares, Issued
    6,000,000 shares at March 31, 2001
    and December 31, 2000 ............................         600          600
  Paid-In Capital ....................................     215,077      215,077
 Cumulative Translation Adjustment ...................       1,518          187
  Deficit Accumulated During the
    Development Stage ................................    (237,730)    (233,855)
                                                         ---------    ---------

        Total Stockholders' Equity ...................     (20,535)     (17,991)
                                                         ---------    ---------

        Total Liabilities and Stockholders' Equity ...   $   4,192    $   5,635
                                                         =========    =========




                 See accompanying notes and accountants' report

                                        3

<PAGE>

                                 SAFE IDEA, INC
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
                                   (Unaudited)




                                                                     Cumulative
                                                                       since
                                                                      March 26,
                                          For the Three Months          1996
                                                   Ended            inception of
                                                  March 31,          development
                                           ----------------------
                                              2001         2000         stage
                                           ---------      -------     ---------

Revenues .............................     $    --        $  --       $    --
                                           ---------      -------     ---------

Expenses
  Selling, general and
  administrative expenses ............         3,875         --          31,808
                                           ---------      -------     ---------

Operating Income (Loss) ..............        (3,875)        --         (31,808)
                                           ---------      -------     ---------

Other Income (Expense)
     Goodwill Writeoff ...............          --           --        (205,922)
                                           ---------      -------     ---------

Income (Loss) before taxes ...........        (3,875)        --        (237,730)
Income taxes .........................          --           --            --
                                           ---------      -------     ---------

       Net Income (Loss) .............     $  (3,875)     $  --       $(237,730)
                                           =========      =======     =========

Basic & Diluted loss per share .......     $    --        $    --
                                           =======        =======















                 See accompanying notes and accountants' report

                                        4

<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                                             Cumulative
                                                                                since
                                                                              March 26,
                                                                                1996
                                                 For the Three Months Ended  inception of
                                                            March 31,        development
                                                     ----------------------
                                                        2001         2000       stage
                                                     ---------    ---------   ---------
Cash Flows from Operating Activities:
<S>                                                  <C>          <C>         <C>
    Net Loss .....................................   $  (3,875)   $    --     $(237,730)

Adjustments to reconcile net loss to net
cash used in operating activities:
   Amortization ..................................         416         --           833
   Goodwill Write Off ............................        --           --       205,922
   Translation Adjustment ........................       1,331         --         1,518
   Issuance of stock for expenses ................        --           --           350

Change in operating assets and liabilities:
  Prepaid Expenses ...............................       1,000         --          --
  Accounts Payable ...............................       1,283         --        20,873
  Shareholder Advances ...........................        (182)        --         3,854
                                                     ---------    ---------   ---------

        Net cash used in operating activities ....         (27)        --        (4,380)
                                                     ---------    ---------   ---------

Cash Flows from Investing Activities:
  Purchase of Assets .............................        --           --        (5,000)
                                                     ---------    ---------   ---------

        Net cash provided by investing activities         --           --        (5,000)
                                                     ---------    ---------   ---------

Cash Flows from Financing Activities:
    Capital Contributed by Shareholders ..........        --           --         9,405
                                                     ---------    ---------   ---------

         Net cash provided by Financing Activities        --           --         9,405
                                                     ---------    ---------   ---------

Net change in cash and cash equivalents ..........         (27)        --            25
Cash and cash equivalents
at beginning of period ...........................          52         --          --
                                                     ---------    ---------   ---------

Cash and cash equivalents at end of period .......   $      25    $    --     $      25
                                                     =========    =========   =========
</TABLE>

                                       5
<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                                             Cumulative
                                                                                since
                                                                              March 26,
                                                                                1996
                                                 For the Three Months Ended  inception of
                                                            March 31,        development
                                                     ----------------------
                                                        2001         2000       stage
                                                     ---------    ---------   ---------
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
<S>                                                  <C>          <C>         <C>
  Interest                                           $    --      $    --     $    --
  Franchise and income taxes                         $    --      $    --     $    --

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING
ACTIVITIES: None

</TABLE>























                 See accompanying notes and accountants' report

                                        6

<PAGE>

                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF ACCOUNTING POLICIES

           The accompanying unaudited financial statements have been prepared in
accordance with generally  accepted  accounting  principles and with Form 10-QSB
requirements.  Accordingly,  they  do not  include  all of the  information  and
footnotes  required by generally  accepted  accounting  principles  for complete
financial statements.  In the opinion of management,  all adjustments considered
necessary for a fair presentation have been included.  Operating results for the
three month period ended March 31, 2001,  is not  necessarily  indicative of the
results that may be expected for the year ended December 31, 2001.

Organization and Basis of Presentation

           The Company was incorporated under the laws of the State of Nevada on
March 20, 1996. The Company is in the development  stage,  and has not commenced
planned principal operations.

Nature of Business

           The Company has no  products  or services as of March 31,  2001.  The
Company was organized as a vehicle to seek merger or acquisition candidates. The
Company intends to acquire interests in various business opportunities, which in
the opinion of management will provide a profit to the Company.

           The Company is in the business of providing an online  repository  of
information,  an interactive  forum,  and a comprehensive  directory of services
catering to  entrepreneurs.  Safe Idea,  Inc.  will create and online  community
where  entrepreneurs can publish their business plans and share their ideas in a
collaborative environment.

Cash and Cash Equivalents

           For the purpose of reporting  cash flows,  the Company  considers all
highly liquid debt  instruments  purchased with maturity of three months or less
to be cash equivalents to the extent the funds are not being held for investment
purposes.

Concentrations of Credit Risk

           The Company has no significant  off-balance-sheet  concentrations  of
credit  risk such as foreign  exchange  contracts,  options  contracts  or other
foreign hedging arrangements.



                                        7

<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Pervasiveness of Estimates

           The preparation of financial  statements in conformity with generally
accepted  accounting  principles  required  management  to  make  estimates  and
assumptions  that  affect the  reported  amounts of assets and  liabilities  and
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period. Actual results could differ from those estimates.

Fixed Assets

           The  domain  names  and  websites  are  stated  at cost  and  will be
amortized,  on a straight-line  basis,  over the estimated  useful life of three
years.

           The Company has adopted the Financial Accounting Standards Board SFAS
No., 121,  "Accounting  for the  Impairment of Long-lived  Assets." SFAS No. 121
addresses  the  accounting  for (i)  impairment of  long-lived  assets,  certain
identified  intangibles and goodwill  related to assets to be held and used, and
(ii) long-live lived assets and certain identifiable  intangibles to be disposed
of.  SFAS No. 121  requires  that  long-lived  assets and  certain  identifiable
intangibles  be held and used by an entity be reviewed for  impairment  whenever
events or changes in circumstances indicate that the carrying amount of an asset
may not be  recoverable.  If the sum of the expected  future cash flows from the
used of the  asset  and its  eventual  disposition  (un-discounted  and  without
interest  charges) is less than the carrying  amount of the asset, an impairment
loss is recognized.

Foreign currency translation

           The Company's  primary  functional  currency is the Canadian  dollar.
Monetary  assets  and  liabilities  resulting  from  transactions  with  foreign
suppliers and customers are  translated at year-end  exchange rates while income
and expense  accounts are translated at average rates in effect during the year.
Gains and losses on translation are included in income.

Stock Compensation for Non-Employees

           The  Company  accounts  for the fair value of its stock  compensation
grants for  non-employees  in accordance with FASB Statement 123. The fair value
of each grant is equal to the market price of the Company's stock on the date of
grant if an active  market  exists or at a value  determined  in an arms  length
negotiation between the Company and the non-employee.

                                        8

<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                                   (Unaudited)

Loss per Share

           The  reconciliations  of the numerators and denominators of the basic
income (loss) per share computations are as follows:

                                                                      Per-Share
                                            Income       Shares        Amount
                                          (Numerator) (Denominator)
                                          -----------  -----------

                                      For the Three Months Ended March 31, 2001
Basic Income per Share
Income to common shareholders             $    (3,875)   6,000,000  $      --
                                          ===========  ===========  ===========

                                      For the Three Months Ended March 31, 2000
Basic Loss per Share
Loss to common shareholders               $      --      3,000,000  $      --
                                          ===========  ===========  ===========

           The effect of outstanding  common stock equivalents are anti-dilutive
for March 31, 2001 and 2000 and are thus not considered.

NOTE 2 - INCOME TAXES

           As  of  March  31,  2001,  the  Company  had  a  net  operating  loss
carryforward for income tax reporting  purposes of  approximately  $238,000 that
may be offset against future taxable income through 2020. Current tax laws limit
the amount of loss  available to be offset  against future taxable income when a
substantial  change in  ownership  occurs.  Therefore,  the amount  available to
offset future taxable income may be limited. No tax benefit has been reported in
the financial statements, because the Company believes there is a 50% or greater
chance the  carryforwards  will expire  unused.  Accordingly,  the potential tax
benefits of the loss  carryforwards  are offset by a valuation  allowance of the
same amount.

NOTE 3 - DEVELOPMENT STAGE COMPANY

           The Company has not begun principal  operations and as is common with
a development  stage  company,  the Company has had recurring  losses during its
development stage. .





                                        9

<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                                   (Unaudited)

NOTE 4 - COMMITMENTS

           As of  March  31,  2001  all  activities  of the  Company  have  been
conducted by  corporate  officers  from either their homes or business  offices.
Currently,  there are no  outstanding  debts owed by the  company for the use of
these facilities and there are no commitments for future use of the facilities.

NOTE 5 - STOCK SPLIT

           On November 30,  1998,  the Board of  Directors  authorized  100 to 1
stock split and changed the par value to $.0001 for the company's  common stock.
As a result of the split, 2,475,000 shares were issued, common stock was reduced
by $2,250 and paid in capital was  increased by $2,250.  All  references  in the
accompanying  financial  statements to the number of common shares and per-share
amounts reflect the stock split.

NOTE 6 - RELATED PARTY TRANSACTIONS

           The Company  purchased  the Domain names and websites  from a Company
related to Safe Idea, Inc. by way of a shareholder and director in common.


           The Company has borrowed  money from a Company  related to Safe Idea,
Inc.  by  way of a  shareholder  and  director  in  order  to  pay  general  and
administrative  expenses.  Amounts  due to the related  parties are  non-interst
bearing,  unsecured and have no fixed terms of repayment.  As of March 31, 2001,
the Company owes $3,854 relating to these advances.


NOTE 7 - ACQUISITIONS

           On October 5, 2000, the Company  entered into an agreement  ("Plan of
Merger") with Safe Idea Repository Inc.,  (Repository) whereby the Company is to
become a parent company and  Repository is to become a wholly owned  subsidiary.
Under the terms of the Plan of Merger,  all of the issued and outstanding shares
of Repository  shall be exchanged into 3,000,000 shares of Company common stock.
An amount of  3,000,000  previously  issued  shares of Company  were handed into
treasury for  cancellation  resulting in total shares  outstanding  of 6,000,000
after the merger.

           On  November 6, 2000,  the Company  entered  into an  agreement  with
Obligation  Futures,  Inc. ("OBFU") whereby the company purchased 100% of OBFU's
outstanding  common  stock for a payment of $200,000 in cash to be  delivered to
the  former  holders of the  common  stock of OBFU on a pro-rata  basis of prior
stock ownership. All of OBFU's outstanding common stock was returned to treasury
for cancellation and Safe Idea, Inc. became the sole surviving company.

                                       10

<PAGE>
                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                                   (Unaudited)

NOTE 8 - SUBSEQUENT EVENTS

           On March 12, 2001, the Company  entered into formal  negotiations  to
purchase  American  Cybersytems,  Inc, a Florida based and incorporated  company
that  specializes in the  development,  manufacture,  placement and marketing of
Pubic Internet  Multimedia  Kiosks. The Company expects to finalize the purchase
in the next 60 days.

           On April 5, 2001,  the Board of  Directors  authorized 3 to 1 forward
stock split. As a result of the split, 13,000,000 shares were issued.































                                       11

<PAGE>

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

General

    This discussion should be read in conjunction with  Management's  Discussion
and Analysis of Financial  Condition  and Results of Operations in the Company's
annual report on Form 10-KSB for the year ended December 31, 2000.

Results of Operations

           For the quarter  ended March 31, 2001  compared to the same period in
2000 are not necessarily  indicative of the results that may be expected for the
year ended December 31, 2001.

           The Company had no sales or sales revenues for the three months ended
March 31,  2001 or 2000  because the Company is in the  development  stage.  The
Company had no costs of sales revenues for the three months ended March 31, 2001
or 2000 because the Company is in the development stage. The Company had general
and administrative expenses of $3,875 for the three month period ended March 31,
2001 and $0 for the same period in 2000.

           The Company  recorded  net loss of $3,875 for the three  months ended
March 31, 2001 compared to $0 loss for the same period in 2000.

Capital Resources and Liquidity

           At March 31, 2001,  the Company had total  current  assets of $25 and
total  assets of $4,192 as compared to $1,052  current  assets and $5,635  total
assets at December 31, 2000.  The Company had a net working  capital  deficit of
$24,702 and $22,574 at March 31, 2001 and December 31, 2000.

           Net  stockholders'  deficit in the Company was $20,535 and $17,991 as
of March 31, 2001 and December 31, 2000.

















                                       12

<PAGE>



PART II - OTHER INFORMATION


Item 1.  Legal Proceedings

       None.

Item 2.  Changes in Securities

       None.

Item 3.  Defaults Upon Senior Securities

       None.

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

       None.

Item 5.  Other Information

       None.

Item 6.  Exhibits and Reports on Form 8-K

           The  Company has not filed a Form 8-K during the three  months  ended
March 31,2001.


                                       13

<PAGE>


                                   SIGNATURES



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



                                 SAFE IDEA, INC
                                 --------------
                                  (Registrant)





DATE: May 21, 2001                                 By:  /s/
     -------------                                    -------------------
                                                   William Scott Marshall
                                                   President and Board Chairman










                                       14