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

                               FORM 10-QSB

(Mark One)

[X]  Quarterly report under Section 13 or 15(d) of the Securities Exchange
Act of 1934 For the quarterly period ended June 30, 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:   000-29445
                                               -----------

                            Wrap-N-Roll USA, Inc.
        -------------------------------------------------------------
               (Name of Small Business Issuer in its charter)


               Nevada                                  84-1432450
   ---------------------------------            --------------------------
    (State or Other Jurisdiction of              (IRS Employer ID Number)
     Incorporation or Organization)


                  1056 East Platinum Way, Sandy, Utah 84094
        -------------------------------------------------------------
            (Address of Principal Executive Offices and Zip Code)

                  Issuer's telephone number:   (801) 576-8073
                                              -----------------

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
Yes [X]   No [ ]

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

Check whether the registrant has filed all documents and reports required
to be filed by Sections 12, 13, or 15(d) of the Exchange Act subsequent to
the distribution of securities under a plan confirmed by a court.
Yes [ ]   No [ ]

                     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 practicable date:

     As of August 10, 2001, there were 11,000,000 shares of common stock
issued and outstanding.

                                Total of Sequentially Numbered Pages:   29
                                           Index to Exhibits on Page:   23

<PAGE>
                                FORM 10-QSB
                            WRAP-N-ROLL USA, INC.


                              TABLE OF CONTENTS
                            ---------------------

                                                                    PAGE
                                                                   ------

                        PART I - FINANCIAL INFORMATION


ITEM 1.   FINANCIAL STATEMENTS. . . . . . . . . . . . . . . . . . . . . . 3


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION . . .17



                         PART II - OTHER INFORMATION


ITEM 1.   LEGAL PROCEEDINGS . . . . . . . . . . . . . . . . . . . . . . .21


ITEM 2.   CHANGES IN SECURITIES . . . . . . . . . . . . . . . . . . . . .21


ITEM 3.   DEFAULTS UPON SENIOR SECURITIES . . . . . . . . . . . . . . . .21


ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS . . . . . .21


ITEM 5.   OTHER INFORMATION . . . . . . . . . . . . . . . . . . . . . . .21


ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K. . . . . . . . . . . . . . . .21


     SIGNATURES . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22








                                                                           2
<PAGE>
                                    PART I

---------------------------------------------------------------------------
ITEM 1.   FINANCIAL STATEMENTS
---------------------------------------------------------------------------

     In the opinion of management, the accompanying unaudited condensed
financial statements included in this Form 10-QSB reflect all adjustments
(consisting only of normal recurring accruals) necessary for a fair
presentation of the results of operations for the periods presented.  The
results of operations for the periods presented are not necessarily
indicative of the results to be expected for the full year.

















                    [THIS SPACE INTENTIONALLY LEFT BLANK]








                                                                           3
<PAGE>







                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

                  UNAUDITED CONDENSED FINANCIAL STATEMENTS

                               JUNE 30, 2001





                                                                           4
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]




                                 CONTENTS

                                                                      PAGE

     - Unaudited Condensed Balance Sheets, June 30,
          2001 and December 31, 2000                                     2


     - Unaudited Condensed Statements of Operations,
          for the three and six months ended June 30, 2001
          and 2000 and for the period from inception on
          September 26, 1997 through June 30, 2001                       3

     - Unaudited Condensed Statements of Cash Flows,
          for the six months ended June 30, 2001
          and 2000 and for the period from inception on
          September 26, 1997 through June 30, 2001                   4 - 5


     - Notes to Unaudited Condensed Financial Statements            6 - 12



                                                                           5
<PAGE>
<TABLE>
<CAPTION>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

                     UNAUDITED CONDENSED BALANCE SHEETS

                                  ASSETS
                                                             June 30,      December 31,
                                                               2001           2000
                                                            ___________    ___________
<S>                                                         <C>            <C>
CURRENT ASSETS:
     Cash in bank                                           $    43,818    $     3,059
     Accounts receivable                                          3,225              -
     Related party receivable                                    15,027          7,230
                                                            ___________    ___________
          Total Current Assets                                   62,070         10,289

PROPERTY AND EQUIPMENT, net                                      27,900             -
                                                            ___________    ___________
                                                            $    89,970    $    10,289
                                                            ___________    ___________

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
     Accounts payable and accrued expenses                  $    22,498    $     1,440
     Accounts payable and accrued expenses - related
       party                                                     17,990            377
     Notes payable - related party                               12,212         10,812
     Current portion of long-term debt                            4,811              -
                                                            ___________    ___________
               Total Current Liabilities                         57,511         12,629

LONG-TERM DEBT, less current portion                             21,743              -

UNEARNED REVENUE                                                 36,260              -
                                                            ___________    ___________
          Total Liabilities                                     115,514         12,629
                                                            ___________    ___________

STOCKHOLDERS' EQUITY (DEFICIT):
     Preferred stock, $.001 par value, 5,000,000 shares
          authorized, no shares issued and outstanding                -              -
     Common stock, $.001 par value, 20,000,000 shares
          authorized, 11,000,000 shares issued and
          outstanding                                            11,000         11,000
     Capital in excess of par value                                   -              -
     Deficit accumulated during the development stage           (36,544)       (13,340)
                                                            ___________    ___________
          Total Stockholders' Equity (Deficit)                  (25,544)        (2,340)
                                                            ___________    ___________
                                                            $    89,970    $    10,289
                                                            ___________    ___________

</TABLE>

Note: The Balance Sheet as of December 31, 2000 was taken from the audited
financial statements at that date and condensed.

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

                                   - 2 -

                                                                           6
<PAGE>
<TABLE>
<CAPTION>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

                UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                                         For the Three                  For the Six          From Inception
                                         Months Ended                   Months Ended        on September 26,
                                           June 30,                       June 30,            1997 Through
                                   _________________________     _________________________      June 30,
                                      2001           2000           2001           2000           2001
                                   __________     __________     __________     __________     __________
<S>                                <C>            <C>            <C>            <C>            <C>
REVENUE                            $   41,035     $        -     $   42,140     $        -     $   42,140
                                   __________     __________     __________     __________     __________

EXPENSES:
     General and Administrative        56,913            500         65,079          1,725         77,975
     Selling                              906              -            906              -          1,022
                                   __________     __________     __________     __________     __________
          Total Expenses               57,819            500         65,985          1,725         78,997
                                   __________     __________     __________     __________     __________

LOSS BEFORE OTHER
  INCOME (EXPENSE)                    (16,784)          (500)       (23,845)        (1,725)       (36,857)
                                   __________     __________     __________     __________     __________

OTHER INCOME (EXPENSE):
     Gain on assignment of
          operating lease               1,500              -          1,500              -          1,500
     Interest Expense                    (589)           (20)          (859)           (34)        (1,187)
                                   __________     __________     __________     __________     __________
          Total Other Income
            (Expense)                     911            (20)           641            (34)           313
                                   __________     __________     __________     __________     __________

LOSS BEFORE
  INCOME TAXES                        (15,873)          (520)       (23,204)        (1,759)       (36,544)

CURRENT TAX EXPENSE                         -              -              -              -              -

DEFERRED TAX EXPENSE                        -              -              -              -              -
                                   __________     __________     __________     __________     __________

NET LOSS                           $  (15,873)    $     (520)    $  (23,204)    $   (1,759)    $  (36,544)
                                   __________     __________     __________     __________     __________

LOSS PER COMMON SHARE              $     (.00)    $     (.00)    $     (.00)    $     (.00)    $     (.01)
                                   __________     __________     __________     __________     __________


</TABLE>

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

                                   - 3 -

                                                                           7
<PAGE>
<TABLE>
<CAPTION>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

                UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                                                                             For the Six    From Inception
                                                                            Months Ended   on September 26,
                                                                              June 30,      1997 Through
                                                                         __________________   June 30,
                                                                           2001      2000       2001
                                                                         ________  ________  ___________
<S>                                                                      <C>       <C>       <C>
Cash Flows From Operating Activities:
     Net loss                                                            $(23,204) $ (1,759) $   (36,544)
     Adjustments to reconcile net loss to net cash provided (used) by
          operating activities:
          Stock issued for services                                             -         -        1,000
          Depreciation expense                                              1,468         -        1,468
          Changes is assets and liabilities:
               (Increase) in accounts receivable                           (3,225)        -       (3,225)
               (Increase) in related party receivable                      (7,797)        -      (15,027)
               Additional accrued interest - related party                    563        34          891
               Increase in accounts payable and accrued expenses           21,058         -       22,498
               Increase in accounts payable and accrued
                 expenses - related party                                  17,050         -       17,199
               Increase in unearned revenue                                36,260         -       36,260
                                                                         ________  ________  ___________
                    Net Cash Provided (Used) by Operating Activities       42,173    (1,725)      24,520
                                                                         ________  ________  ___________
Cash Flows From Investing Activities:
     Payments for property and equipment                                  (29,368)        -      (29,368)
                                                                         ________  ________  ___________
                    Net Cash (Used) by Investing Activities               (29,368)        -      (29,368)
                                                                         ________  ________  ___________
Cash Flows From Financing Activities:
     Proceeds from issuance of common stock                                     -         -       10,000
     Proceeds from notes payable - related party                            1,400         -       11,400
     Proceeds from loan payable                                                 -         -          712
     Proceeds from long-term debt                                          26,868         -       26,868
     Payments on long-term debt                                              (314)        -         (314)
                                                                         ________  ________  ___________
                    Net Cash Provided by Financing Activities              27,954         -       48,666
                                                                         ________  ________  ___________
Net Increase (decrease) in Cash                                            40,759    (1,725)      43,818

Cash at Beginning of Period                                                 3,059     9,400            -
                                                                         ________  ________  ___________
Cash at End of Period                                                    $ 43,818  $  7,675  $    43,818
                                                                         ________  ________  ___________

Supplemental Disclosures of Cash Flow Information:

     Cash paid during the period for:
       Interest                                                          $    204  $      -  $         -
       Income taxes                                                      $      -  $      -  $         -

</TABLE>


                                [Continued]


                                   - 4 -

                                                                           8
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                                [Continued]

Supplemental Schedule of Noncash Investing and Financing Activities:

    For the period from inception on September 26, 1997 through June 30, 2001:
     On April 1, 2000, the Company extended a loan payable of $712 and its
     accrued interest of $100 into a new note payable of $812.

     On September 26, 1997, the Company issued 1,000,000 shares of its common
     stock for services valued at $1,000.






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

                                   - 5 -

                                                                           9
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization - Wrap-N-Roll USA, Inc. ("the Company") was organized under
  the laws of the State of Nevada on September 26, 1997 as Oxy General
  Corporation.  Effective November 17, 2000, the Company changed its name
  from Oxy General Corporation to Wrap-N-Roll USA, Inc.  The primary plan of
  operations of the Company is providing specialized advertising services to
  businesses of all sizes emphasizing large format digital printing on
  perforated and non-perforated vinyl substrates.  Through use of a special
  non-corrosive, vinyl material with a patented adhesive made by 3M, the
  Company offers businesses the ability to wrap the exterior of buildings,
  windows and motor vehicles with an advertising message.  In addition to the
  sale of its wrapping services, the Company also offers advertising services
  using wrapped property.

  Condensed Financial Statements - The accompanying financial statements have
  been prepared by the Company without audit.  In the opinion of management,
  all adjustments (which include only normal recurring adjustments) necessary
  to present fairly the financial position, results of operations and cash
  flows at June 30, 2001 and 2000 and for the periods then ended have been
  made.

  Certain information and footnote disclosures normally included in financial
  statements prepared in accordance with generally accepted accounting
  principles have been condensed or omitted.  It is suggested that these
  condensed financial statements be read in conjunction with the financial
  statements and notes thereto included in the Company's December 31, 2000
  audited financial statements.  The results of operations for the periods
  ended June 30, 2001 are not necessarily indicative of the operating results
  for the full year.

  Property and Equipment - Property and equipment are recorded at cost.
  Depreciation is calculated using the straight-line method and is based upon
  the estimated useful lives of the assets of five years.  [See Note 2]

  Revenue Recognition - The Company recognizes revenue in the period when the
  services are performed or when the product is delivered.  At June 30, 2001,
  the Company had recorded unearned revenue of $36,260, representing the
  prepaid portion of a job in process at that date.

  Advertising Costs - Advertising costs, except for costs associated with
  direct-response advertising, are charged to operations when incurred.  The
  costs of direct-response advertising are capitalized and amortized over the
  period during which future benefits are expected to be received.

  Loss Per Share - The computation of loss per share is based on the weighted
  average number of shares outstanding during the period presented in
  accordance with Statement of Financial Accounting Standards No. 128,
  "Earnings Per Share".  [See Note 11]

  Cash and Cash Equivalents - For purposes of the financial statements, the
  Company considers all highly liquid debt investments purchased with a
  maturity of three months or less to be cash equivalents.

                                   - 6 -

                                                                           10
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

              NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Accounting Estimates - The preparation of financial statements in
  conformity with generally accepted accounting principles requires
  management to make estimates and assumptions that affect the reported
  amounts of assets and liabilities, the disclosures of contingent assets and
  liabilities at the date of the financial statements, and the reported
  amount of revenues and expenses during the reported period.  Actual results
  could differ from those estimated.

  Recently Enacted Accounting Standards - Statement of Financial Accounting
  Standards (SFAS) No. 136, "Transfers of Assets to a not for profit
  organization or charitable trust that raises or holds contributions for
  others", SFAS No. 137, "Accounting for Derivative Instruments and Hedging
  Activities - deferral of the effective date of FASB Statement No. 133 (an
  amendment of FASB Statement No. 133)", SFAS No. 138 "Accounting for Certain
  Derivative Instruments and Certain Hedging Activities - and Amendment of
  SFAS No. 133", SFAS No. 139, "Recission of SFAS No. 53 and Amendment to
  SFAS No. 63, 89 and 21", and SFAS No. 140, "Accounting to Transfer and
  Servicing of Financial Assets and Extinguishment of Liabilities", were
  recently issued.  SFAS No. 136, 137, 138, 139 and 140 have no current
  applicability to the Company or their effect on the financial statements
  would not have been significant.

NOTE 2 - PROPERTY AND EQUIPMENT

  Property and equipment consists of the following:

                                                  June 30,  December 31,
                                                    2001       2000
                                                  ________  __________
      Vehicles                                    $ 29,368  $        -
      Less: Accumulated depreciation                (1,468)          -
                                                  ________  __________
      Net Property and Equipment                  $ 27,900  $        -
                                                  ________  __________

  Depreciation expense for the six months ended June 30, 2001 and 2000 were
  $1,468 and $0, respectively.

NOTE 3 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

  Accounts payable and accrued expenses consists of the following:

                                                  June 30,  December 31,
                                                    2001       2000
                                                  ________  __________
      Accounts payable                            $ 17,657  $    1,440
      Sales tax payable                              4,748           -
      Interest payable                                  93           -
                                                  ________  __________
                                                  $ 22,498  $    1,440
                                                  ________  __________

                                   - 7 -

                                                                           11
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 4 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES - RELATED PARTY

  Accounts payable and accrued expenses to a related party consists of the
  following:

                                                  June 30,  December 31,
                                                    2001       2000
                                                  ________  __________
      Accounts payable - related party            $  1,000  $      149
      Accrued payroll - related party               15,000           -
      Accrued rent and utilities - related party     1,200           -
      Accrued interest - related party                 790         228
                                                  ________  __________

                                                  $ 17,990  $      377
                                                  ________  __________

NOTE 5 - LONG-TERM DEBT

  Long-term debt consists of the following:

                                                  June 30,  December 31,
                                                    2001       2000
                                                  ________  __________
      Note payable to financing agency for
      60 months at an effective interest rate
      of 6%, secured by a vehicle with a net
      book value of $27,900                       $ 26,554  $        -

      Less: Current portion                         (4,811)          -
                                                  ________  __________
                                                  $ 21,743  $        -
                                                  ________  __________

  Maturity of long-term debt for the twelve month periods ended:

                  June 30,                        Principal Due
                  _______                         ____________
                   2002                           $    4,811
                   2003                                5,095
                   2004                                5,395
                   2005                                5,716
                   2006                                5,537
                                                  ____________
                                                  $   26,554
                                                  ____________

  Interest expense for long-term debt for the six months ended June 30, 2001
  and 2000 amounted to $296 and $0, respectively.

NOTE 6 - CAPITAL STOCK

  Common Stock - During September 1997, in connection with its organization,
  the Company issued 1,000,000 shares of its previously authorized, but
  unissued common stock.  The shares were issued for services rendered valued
  at $1,000 (or $.001 per share).

                                   - 8 -

                                                                           12
<PAGE>

                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 6 - CAPITAL STOCK [Continued]

  During June 1999, the Company issued 10,000,000 shares of its previously
  authorized, but unissued common stock for cash of $10,000 (or $.001 per
  share).

NOTE 7 - OPERATING LEASES

  The Company had two cars under operating leases expiring in 2003.  On April
  21, 2001, the Company purchased a new van to replace one of the cars.  To
  finance the purchase, an officer/shareholder/employee of the Company paid
  $1,000 to the financing agency.  The Company also assigned the operating
  lease for the original car to the financing agency and the Company
  recognized a $1,500 gain on the assignment.  The remaining $26,868 was
  financed through the financing agency at an effective interest rate of 6%.
  Minimum future rental payments under the remaining non-cancelable operating
  lease having a remaining term in excess of one year as of June 30, 2001 for
  the twelve month periods ended and in aggregate are:

                June 30,                           Amount
                ________                        ____________
                  2002                          $    3,464
                  2003                               3,464
                  2004                                 867
                  2005                                   -
                  2006                                   -
                                                ____________
     Total minimum future rental payments:      $    7,795
                                                ____________

  Rental payments for the six months ended June 30, 2001 and 2000 amounted to
  $2,284 and $0, respectively.

NOTE 8 - INCOME TAXES

  The Company accounts for income taxes in accordance with Statement of
  Financial Accounting Standards No. 109 "Accounting for Income Taxes".  SFAS
  No. 109 requires the Company to provide a net deferred tax asset/liability
  equal to the expected future tax benefit/expense of temporary reporting
  differences between book and tax accounting methods and any available
  operating loss or tax credit carryforwards.  At June 30, 2001, the Company
  has available unused operating loss carryforwards of approximately $36,000,
  which may be applied against future taxable income and which expire in
  various years through 2021.

  The amount of and ultimate realization of the benefits from the operating
  loss carryforwards for income tax purposes is dependent, in part, upon the
  tax laws in effect, the future earnings of the Company, and other future
  events, the effects of which cannot be determined.  Because of the
  uncertainty surrounding the realization of the loss carryforwards the
  Company has established a valuation allowance equal to the tax effect of
  the loss carryforwards and, therefore, no deferred tax asset has been
  recognized for the loss carryforwards.  The net deferred tax assets are
  approximately $12,500 and $4,500 as of June 30, 2001 and December 31, 2000,
  respectively, with an offsetting valuation allowance of the same amount
  resulting in a change in the valuation allowance of approximately $8,000
  during the six months ended June 30, 2001.

                                   - 9 -

                                                                           13
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 9 - RELATED PARTY TRANSACTIONS

  Management Compensation - For the year ended December 31, 2000, the Company
  did not pay any compensation to any officer/director of the Company.  On
  January 1, 2001, the Company entered into an employment agreement with an
  officer/director/employee of the Company to pay $1,000 per month.  On April
  1, 2001, the Company increased the salary to $4,000 per month.  As of June
  30, 2001, the Company had accrued $15,000 in salary expense.  [See Note
  12].

  Office Space/Utilities - During the year ended December 31, 2000, the
  Company did not have a need to rent office space.  On January 1, 2001, the
  Company entered into a rental/utilities agreement with an
  officer/director/employee of the Company allowing the Company to use office
  space in his home for the operations of the Company at a base rent of $100
  per month.  The Company also agreed to pay the officer/director/employee of
  the Company a base utilities/miscellaneous expense of $100 per month
  designated for but not limited to heat, power, water, sewer, garbage
  collection, recycling, phone, fax, Internet, computer, printer and any
  other office items needed for the operations of the Company, not currently
  being paid by the Company.  As of June 30, 2001, the Company had accrued
  $600 in rent expense and $600 in utilities/miscellaneous expense.

  Receivable - As of June 30, 2001, an officer/shareholder of the Company had
  been advanced a total of $15,027 by the Company as a non-interest bearing
  loan. Subsequently, the Company extended this receivable into a new note
  receivable.  [See Note 14]

  Accounts Payable - As of June 30, 2001, an officer/shareholder of the
  Company was due $1,000 from the Company for reimbursable expenses.

  Notes Payable - As of June 30, 2001, the Company had three notes payable to
  a shareholder in the total amount of $12,412.  One note for $812 is due
  April 1, 2002.  The second note for $10,000 is due October 31, 2001.  The
  third note for $1,400 is due on demand.  All three notes accrue interest at
  10% per annum.  Accrued interest amounted to $790 at June 30, 2001.
  Subsequently, the first two notes, their related accrued interest, and an
  additional loan of $5,000 have been extended into a new note payable.  The
  third note has been repaid.  [See Note 14]

  Purchase Agreement - On April 21, 2001, the Company purchased a new van to
  replace one of its leased cars.  To finance the purchase, an
  officer/shareholder/employee of the Company paid a down payment of $1,000
  to the financing agency.  The Company also assigned the operating lease for
  the original car to the financing agency.  The remaining $26,868 was
  financed through the financing agency in the name of the
  officer/shareholder/employee at an effective interest rate of 6%.  The
  agreement was negotiated in the name of the officer/shareholder/employee to
  take advantage of certain conditions and financing arrangements that were
  unavailable to the Company since it only recently began operations and has
  incurred losses since inception.  The Company then purchased the van from
  the officer/shareholder/employee on the same terms and conditions.  The
  agreement requires the Company to make 60 monthly payments of $518 directly
  to the financing agency beginning June 8, 2001.

                                   - 10 -

                                                                           14
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 10 - GOING CONCERN

  The accompanying financial statements have been prepared in conformity with
  generally accepted accounting principles, which contemplate continuation of
  the Company as a going concern.  However, the Company has just recently
  commenced operations and has incurred losses since its inception. These
  factors raise substantial doubt about the ability of the Company to
  continue as a going concern.  In this regard, management is proposing to
  raise any necessary additional funds not provided by operations through
  loans or through additional sales of its common stock.  There is no
  assurance that the Company will be successful in raising this additional
  capital or achieving profitable operations.  The financial statements do
  not include any adjustments that might result from the outcome of these
  uncertainties.

NOTE 11 - LOSS PER SHARE

  The following data show the amounts used in computing loss per share for
  the periods presented:
<TABLE>
<CAPTION>
                                   For the Three          For the Six       From Inception
                                   Months Ended           Months Ended      on September 26,
                                     June 30,                June 30,         1997 Through
                              ______________________ _______________________    June 30,
                                 2001        2000        2001        2000         2001
                              __________  __________  __________  __________   ___________
<S>                           <C>         <C>         <C>         <C>          <C>
     Loss from continuing
     Operations available to
     common shareholders
     (numerator)              $  (15,873) $     (520) $  (23,204) $   (1,759)  $   (36,544)
                              __________  __________  __________  __________   ___________
     Weighted average number
     of common shares
     outstanding used in loss
     per share for the
     period (denominator)     11,000,000  11,000,000  11,000,000  11,000,000     6,535,324
                              __________  __________  __________  __________   ___________
</TABLE>
  Dilutive loss per share was not presented, as the Company had no common
  stock equivalent shares for all periods presented that would affect the
  computation of diluted loss per share.

NOTE 12 - COMMITMENTS AND AGREEMENTS

  Employment Agreement - On January 1, 2001, the Company entered into an
  employment agreement with its sole officer and director ("employee").  The
  agreement provided for a $1,000 per month salary for a period of three
  years commencing January 1, 2001.  The expense was to accrue until the
  Company had achieved net income of $50,000 at which time the Company would
  pay 50% of its net income before tax towards reducing the accrued salary
  liability.  On April 1, 2001, the Company increased the salary to $4,000
  per month and decided to begin paying the salary as funds are available.

                                   - 11 -

                                                                           15
<PAGE>
                            WRAP-N-ROLL USA, INC.
                     (Formerly Oxy General Corporation)
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 12 - COMMITMENTS AND AGREEMENTS [Continued]

  Rental/Utilities Agreements - On January 1, 2001, the Company entered into
  rental and utilities agreements with its sole officer and director
  ("landlord").  The agreements provide for payment of $100 per month for
  rent and $100 per month for utilities and other incidentals on a
  month-to-month basis starting January 1, 2001.  The rent shall accrue until
  the Company has achieved net income of $50,000, at which time the Company
  will pay 10% of its net income before tax towards reducing the accrued rent
  liability.  The utilities portion shall accrue until the Company elects to
  make payment.

  Joint Agreements - On June 11, 2001, the Company entered into a joint
  agreement with Newspaper Agency Corporation ("NAC") to provide advertising
  services.  The Company provides advertisers, vehicle-wrapping and
  collection of payments.  NAC provides a fleet of vehicles available for
  wrapping and business referrals.  The Company and NAC will evenly split the
  revenues less costs to wrap the vehicles.  The agreement is for one year
  and may be extended or cancelled at any time by written mutual consent.

  On May 14, 2001, the Company entered into a joint agreement with Jose
  Dicenzo ("JD") to provide advertising services.  The Company provides
  advertisers and collection of payments.  JD provides a fleet of vehicles
  available for wrapping, business referrals and vehicle-wrapping.  The
  Company and JD will evenly split the revenues less costs to wrap the
  vehicles.  The agreement is for one year and may be extended or cancelled
  at any time by written mutual consent.

NOTE 13 - SIGNIFICANT CUSTOMERS

  The Company has just recently commenced operations and all of the revenues
  received by the Company are from a limited number of clients, the loss of
  which could have a material impact on the operations of the Company.

NOTE 14 - SUBSEQUENT EVENTS

  Receivable - On July 1, 2001, the Company extended a related party
  receivable of $15,027 into a note receivable of the same amount.  The note
  accrues interest at 7% and is due on demand.

  Notes Payable - On July 20, 2001, the Company repaid a note payable to a
  shareholder.  The payment was $1,435, which included $35 of accrued
  interest.

  On August 1, 2001, the Company extended a note payable of $10,000, a note
  payable of $812 and accrued interest on the two notes of $859 into a new
  note payable of $16,671, with the additional $5,000 being deposited in the
  Company's account.  The new note accrues interest at 10% per annum and is
  due August 1, 2002.

  Employment Agreement - On August 1, 2001, the Company entered into an
  employment agreement with a new employee.  The agreement provides for a
  $3,000 per month salary for a period of three years commencing August 1,
  2001.

                                   - 12 -

                                                                           16
<PAGE>
---------------------------------------------------------------------------
ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
---------------------------------------------------------------------------

Results of Operations
---------------------

      ****************************************************************
               SIX MONTH PERIODS ENDED JUNE 30, 2001 AND 2000,
              THREE MONTH PERIODS ENDED JUNE 30, 2001 AND 2000
       AND FROM INCEPTION ON SEPTEMBER 26, 1997 THROUGH June 30, 2001
      ****************************************************************

Revenue:  The Company had revenues of $42,140 and $0 respectively from
continuing operations for the six-month periods ended June 30, 2001 and 2000.
The Company had revenues of $41,035 and $0 respectively for the three-month
periods ended June 30, 2001 and 2000, and revenues of $42,140 from inception
on September 26, 1997 through June 30, 2001.  The increase in revenue is
because of the Company's shift to its new business of offering US businesses
of all sizes the ability to wrap the exterior of buildings, windows and motor
vehicles with an advertising message.

General and Administrative Expenses:  General and administrative expenses for
all periods ended consisted of general corporate administration, legal and
professional expenses, accounting and auditing costs, utilities/miscellaneous
expense, and salaries and wages.  These expenses were $65,079 for the six
month period ended June 30, 2001, $1,725 for the six month period ended June
30, 2000, $56,913 for the three month period ended June 30, 2001, $500 for the
three month period ended June 30, 2000 and $77,975 from inception on September
26, 1997 through June 30, 2001.  The increase in expense is the result of the
Company's shift to its new business.

 Selling Expenses: Selling expenses for the six-month periods ended June 30,
2001 and 2000, the three-month periods ended June 30, 2001 and 2000, and from
inception on September 26, 1997 through June 30, 2001 was $906, $0, $906, $0
and $1,022 respectively.

Gain on assignment of operating lease:  The Company had two cars under
operating leases expiring 2003.  On April 21, 2000, the Company purchased a
new van to replace one of the cars.  To finance the purchase, an
officer/director/shareholder/employee of the Company paid $1,000 to the
financing agency.  The Company also assigned the operating lease for the
original car to the financing agency and the Company recognized a $1,500 gain
on the assignment.  The remaining $26,868 was financed through the financing
agency at an effective interest rate of 6%.  Gain on assignment of operating
lease for the six month periods ended June 30, 2001 and 2000, the three month
periods ended June 30, 2001 and 2000, and from inception on September 26, 1997
through June 30, 2001 was $1,500, $0, $1,500, $0 and $1,500 respectively.

Interest Expense:  Interest expense for the six-month periods ended June 30,
2001 and 2000, the three-month periods ended June 30, 2001 and 2000 and from
inception on September 26, 1997 through June 30, 2001 was $859, $34, $589, $20
and $1,187 respectively.  A shareholder of the Company loaned a total amount
of $12,412 as of June 30, 2001.  This amount consisted of three notes payable,
the first note for $812 due April 1, 2002, the second note for $10,000 due
October 31, 2001, and the third note for $1,400 due on demand.  All three
notes accrue interest of 10% per annum.  Accrued interest amounted to $790 at
June 30, 2001.  The first loan payable of $812 consisted of an original loan
of $712 and its accrued interest of $100.  Subsequently, on August 1, 2001 the
first two notes, their related accrued interest, and an additional loan of
$5,000 have been extended into a new note payable.  The Company repaid the
third note on July 20, 2001.  In addition to the three notes, the Company paid
$296 in interest on the financing of the van.

     As a result of the foregoing factors, the Company realized a net loss of
$23,204 for the six month period ended June 30, 2001, $1,759 for the six month
period ended June 30, 2000, $15,873 for the three month period ended June 30,
2001, $520 for the three month period ended June 30, 2000, and $36,544 from
inception on September 26, 1997 through June 30, 2001.

                                                                           17
<PAGE>
    ********************************************************************
               CALENDAR YEARS ENDED DECEMBER 31, 2000 AND 1999
     AND FROM INCEPTION ON SEPTEMBER 26, 1997 THROUGH DECEMBER 31, 2000
                                  (AUDITED)
    ********************************************************************

     The Company had no revenues for the calendar year ended December
31, 2000 and 1999, and from inception on September 26, 1997 through December
31, 2000.  The Company incurred $10,942 in net operating losses for the
calendar year ended December 31, 2000 as compared to $884 in net operating
losses for the calendar year ended December 31, 1999 and $13,340 from
inception on September 26, 1997 through December 31, 2000.

     The net operating loss for all periods resulted primarily from general
and administrative expenses and interest expense.  The net loss per share for
each period was $0.00 per share.

     General and administrative expenses for all periods ended consisted of
general corporate administration, legal and professional expenses, and
accounting and auditing costs.  These expenses were $10,584 for the calendar
year ended December 31, 2000, $835 for the calendar year ended December 31,
1999 and $12,896 from inception on September 26, 1997 through December 31,
2000.

     Selling expenses for the calendar year ended December 31, 2000 and 1999
and from inception on September 26, 1997 through December 31, 2000 were $116,
$0 and $116 respectively.

     Interest expense for the calendar year ended December 31, 2000 and 1999
and from inception on September 26, 1997 through December 31, 2000 was $242,
$49, and $328 respectively.  Interest was accrued on a note payable to a third
party in the principal amount of $712.  This note payable and related accrued
interest of $100 were rolled into a new one-year related party note payable,
due on April 1, 2001, and bears interest at 10% per annum.  On April 1, 2001,
the Company was granted a one-year extension on this note payable.  Interest
was also accrued on a second note payable dated November 1, 2000 in the amount
of $10,000 with a third party and bears interest at 10% per annum.  Interest
was accrued on the two notes payable in the principal amount of $228 at
December 31, 2000.

     For the remainder of the current fiscal year, the Company anticipates an
increase in revenues and income associated with implementing its new business
plan. The Company also anticipates an increase in costs associated with
implementing its new business plan and may have a small loss for the year
ending 2001.

                                                                           18
<PAGE>
Liquidity and Capital Resources
-------------------------------

     The Company remains in the development stage and, since inception, has
had revenues totaling $42,140.  At June 30, 2001 the Company had working
capital of $(25,544) and cash in the amount of $43,818.  All cash raised by
the Company at June 30, 2001 had come from sales to customers and from three
notes payable to a shareholder of the Company.  One note for $812 is due April
1, 2002.   The second note for $10,000 is due October 31, 2001.  The third
note for $1,400 is due upon demand.  All three notes accrue interest at 10%
per annum.  Accrued interest amounted to $790 at June 30, 2001.  On August 1,
2001, the first two notes, their related accrued interest, and an additional
loan of $5,000 have been extended into a new note payable.  A copy of the
August 1, 2001 note payable is attached as an exhibit and is incorporated
herein by this reference.  The third note has been repaid.  These notes were
executed to obtain capital to pay the costs of operating expenses.

     In addition, an officer/director/shareholder/employee of the Company had
been advanced $15,027 by the Company as a non-interest bearing loan at June
30, 2001.  On July 1, 2001, the Company extended this receivable into a note
receivable of the same amount.  The note accrues interest at 7% per annum and
is due on demand.  A copy of the July 1, 2001 note payable is attached as an
exhibit and is incorporated herein by this reference.

     Management believes that the Company has sufficient cash to meet its
anticipated needs through the calendar year ending 2001.  However, there can
be no assurances to that effect.  In the event the Company requires additional
funds, the Company will have to seek loans or equity placements to cover such
cash needs.  There is no assurance additional capital will be available to the
Company on acceptable terms.

     The Company believes that by positioning itself as a publicly traded and
listed entity, it will secure a more appealing position in the view of the
investing public because of the theoretical increase in the liquidity of an
investment in the Company's securities.  Additionally, management believes
that should the Company need additional capitalization, it would likely obtain
capital from investors through private placements of the Company's equity
securities.  Notwithstanding such an evaluation, the Company is not presently
aware of any specific interest from potential investors, nor is management
certain that such capital will be available or that the Company will in fact
be successful in securing additional capital.  If or when the Company can
establish a positive cash flow for a period of time and therefore can
demonstrate to potential private investors that it can generate profits, then
this factor, combined with a publicly traded and listed status, is expected to
be utilized to market the Company as an attractive investment for private
placement purposes.  Management prefers to pursue such a strategy sometime
during 2001.  If the Company cannot succeed in implementing such a strategy,
then its chances for growth are substantially undermined.  Without additional
capitalization the Company's ability to survive as a going concern is
substantially confined.


Plan of Operations
------------------

     Through use of a special non-corrosive, vinyl material with a patented
adhesive made by 3M, the Company offers businesses the ability to wrap the
exterior of buildings, windows and motor vehicles with an advertising message.

                                                                           19
<PAGE>
     The Company currently maintains operations from the home of its
president.  On January 1, 2001, the Company entered into a Rental/Utilities
Agreement ("Rental/Utilities Agreement") with Cliff Halling for use of office
space in his home at a base rent of $100 per month.  The Company also agreed
to pay a base utilities/miscellaneous expense of $100 per month designated for
but not limited to heat, power, water, sewer, garbage collection, recycling,
phone, fax, Internet, computer use, printer use, and any other office items
needed for the operations of the Company, not currently being paid by the
Company.  The Company and Mr. Halling have agreed to accrue the monthly rent
and utilities/miscellaneous expenses until the Company has sufficient net
income to pay the expenses.  At June 30, 2001, the Company had accrued $600 in
rent expense and $600 in utilities/miscellaneous expense.  The Company will
continue to maintain operations at this location until management believes
that the Company's revenues and financial resources justify a move to an
alternative location.  If such a move is required, the Company believes that
there is an adequate supply of office/warehouse/retail space in Salt Lake
County, Utah meeting the Company's anticipated needs for the foreseeable
future.  Initially, the Company expects that it will lease rather than
purchase such property in order to allocate its resources specifically to its
operations.

    During the calendar year ended December 31, 2000, the Company's only
employee did not receive any type of compensation.  On January 1, 2001, the
Company entered into an Employment Agreement with Cliff Halling, the Company's
sole officer/director/employee ("Employment Agreement").  Mr. Halling shall
receive a salary in the amount of $1,000 per month for services related to the
operations of the Company.  The Company and Mr. Halling agreed to accrue the
monthly salary until the Company has sufficient net income to pay the expense.
On April 1, 2001, the Company amended the Employment Agreement and increased
the salary to $4,000 per month and decided to begin paying the salary as funds
are available.  A copy of the April 1, 2001 Amendment Employment Agreement is
attached as an exhibit and is incorporated herein by this reference.  As of
June 30, 2001, the Company accrued $15,000 in salary expense.

     The Company may attempt to employ additional personnel if it is able to
generate sufficient revenues.  However, there is no assurance that the
services of such persons will be available or that they can be obtained upon
terms favorable to the Company.  If and when the Company is successful in
achieving a positive cash flow, it is likely that the Company will consider
expanding, which will also increase costs.

     On May 14, 2001, the Company entered into a joint agreement with Jose
Dicenzo ("JD") to provide advertising services.  The terms of the Agreement
provide for the Company to provide advertising, marketing, billing and
collection services while JD is to provide business referrals,
vehicle-wrapping services and a fleet of vehicles available for wrapping, The
Company and JD will evenly split the revenues generated by such agreement less
costs to wrap the vehicles.  The agreement is for one year and may be extended
or cancelled at any time by written mutual consent.

     On June 11, 2001, the Company entered into a joint agreement with the
Newspaper Agency Corporation ("NAC") to provide advertising services.  The
Company is to provide advertising, marketing, billing and collection services
while NAC is to provide business referrals and a fleet of vehicles available
for wrapping. The Company and NAC will evenly split the revenues generated by
such agreement less costs to wrap the vehicles.  The agreement is for one year
and may be extended or cancelled at any time by written mutual consent.

     Management expects that the Company will continue generating revenues
during the remaining two calendar quarters of 2001.  As the Company attracts
more clientele, revenues are expected to increase.

                                                                           20
<PAGE>
     No commitments to provide additional funds have been made by management
or other stockholders that have not been discussed herein.  Accordingly, there
can be no assurance that any additional funds will be available to the Company
to allow it to cover its expenses as they may be incurred.

     Irrespective of whether the Company's cash assets prove to be adequate
to meet the Company's operational needs, the Company might seek to compensate
providers of services by issuances of stock in lieu of cash.


                                    PART II

---------------------------------------------------------------------------
ITEM 1.   LEGAL PROCEEDINGS
---------------------------------------------------------------------------

     The Company is not a party to any material pending legal proceedings,
and to the best of its knowledge, no such proceedings by or against the
Company have been threatened.

---------------------------------------------------------------------------
ITEM 2.   CHANGES IN SECURITIES
---------------------------------------------------------------------------

     Not Applicable.

---------------------------------------------------------------------------
ITEM 3.   DEFAULTS UPON SENIOR SECURITIES
---------------------------------------------------------------------------

     Not Applicable.

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

     Not Applicable.

---------------------------------------------------------------------------
ITEM 5.   OTHER INFORMATION
---------------------------------------------------------------------------

     Not Applicable.

---------------------------------------------------------------------------
ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K
---------------------------------------------------------------------------

(a)  Exhibits:  Exhibits required to be attached by Item 601 of Regulation
     S-B are listed in the Index to Exhibits of this Form 10-QSB, which is
     incorporated herein by reference.

(b)  Reports on Form 8-K:  No reports on Form 8-K have been filed during
     the last quarter of the period covered by this report.

                                                                           21
<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.

                                   Wrap-N-Roll USA, Inc.


                                     /s/  Cliff Halling
                                   -----------------------------------
Date:   August 20, 2001             By: Cliff Halling, President, Secretary
                                                       Treasurer, Director




                                                                           22
<PAGE>

                               INDEX TO EXHIBITS
                              ---------------------

SEC Ref     Page
No.         No.       Description
-------     ----      -----------

Ex 3.1      *1*       Articles of Incorporation of the Company, filed with
                      the State of Nevada on September 26, 1997.

Ex 3.2      *4*       Certificate of Amendment of Articles of Incorporation,
                      filed with the State of Nevada on October 19, 2000,
                      but effective November 17, 2000.

Ex 3.3      *1*       Bylaws of the Company.

Ex 10.1     *2*       Promissory Note dated April 1, 2000 executed by the
                      Company.

Ex 10.2     *3*       Promissory Note dated November 1, 2000 executed by the
                      Company.

Ex 10.3     *5*       Employment Agreement by and between the Company and
                      Cliff Halling dated January 1, 2001.

Ex 10.4     *5*       Rental/Utilities Agreement by and between the Company
                      and Cliff Halling dated January 1, 2001.

Ex 10.5     24        Promissory Note dated July 1, 2001 executed by the
                      Company.

Ex 10.6     25        Promissory Note dated August 1, 2001 executed by the
                      Company.

Ex 10.7     26        Amended Employment Agreement by and between the
                      Company and Cliff Halling dated April 1, 2001.


*1*  The listed exhibits are incorporated herein by this reference to the
     Registration Statement on Form 10-SB, filed by the Company with the
     Securities and Exchange Commission on February 10, 2000.

*2*  The listed exhibits are incorporated herein by this reference to the
     Quarterly Report on Form 10-QSB for the quarter ended June 30, 2000,
     filed by the Company with the Securities and Exchange Commission on
     August 14, 2000.

*3*  The listed exhibits are incorporated herein by this reference to the
     Quarterly Report on Form 10-QSB for the quarter ended September 30,
     2000, filed by the Company with the Securities and Exchange Commission
     on November 9, 2000.

*4*  The listed exhibits are incorporated herein by this reference to the
     Annual Report on Form 10-KSB for the calendar year ended December 31,
     2000, filed by the Company with the Securities and Exchange Commission
     on April 12, 2001.

*5*  The listed exhibits are incorporated herein by this reference to the
     Quarterly Report on Form 10-QSB for the quarter ended March 31, 2001,
     filed by the Company with the Securities and Exchange Commission on May
     16, 2001.

                                                                           23