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
                                 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     000-29553
                                                -------------

                                 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:  June 30,  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 June 30, 2001 and December 31, 2000,  and the
related  statements of operations for the three and six month periods ended June
30, 2001 and 2000 and cash flows for the six month  periods  ended June 30, 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
August 16, 2001






                                        2

<PAGE>



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


                                                          June 30,  December 31,
                                                           2001         2000
                                                         ---------    ---------
ASSETS
Current Assets
    Cash .............................................   $      99    $      52
    Prepaid Expenses .................................        --          1,000
                                                         ---------    ---------
         Total Current Assets ........................          99        1,052
                                                         ---------    ---------

Fixed Assets:
    Domain Name and Websites .........................       5,000        5,000
    Less Accumulated Amortization ....................      (1,250)        (417)
                                                         ---------    ---------
         Net Fixed Assets ............................       3,750        4,583
                                                         ---------    ---------

         Total Assets ................................   $   3,849    $   5,635
                                                         =========    =========

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
     Accounts Payable ................................   $  24,043    $  19,590
     Shareholder Advances ............................       4,086        4,036
                                                         ---------    ---------

         Total Liabilities ...........................      28,129       23,626
                                                         ---------    ---------

Stockholders' Equity:
  Common Stock, Par value $.0001,
    Authorized 50,000,000 shares, Issued
    18,000,000 shares at June 30, 2001
    and 6,000,000 shares at December 31, 2000 ........       1,800          600
  Paid-In Capital ....................................     213,877      215,077
 Cumulative Translation Adjustment ...................         842          187
  Deficit Accumulated During the
    Development Stage ................................    (240,799)    (233,855)
                                                         ---------    ---------

        Total Stockholders' Equity ...................     (24,280)     (17,991)
                                                         ---------    ---------

        Total Liabilities and Stockholders' Equity ...   $   3,849    $   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   For the Six Months   1996
                              Ended                Ended          inception of
                              June 30,             June 30,       development
                           ----------------   -------------------
                            2001     2000       2001       2000       stage
                           -------  -------   --------  ---------   ---------

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

Expenses
  Selling, general and
  administrative expenses    3,069     --        6,943       --        34,877
                           -------  -------   --------  ---------   ---------

Operating Income (Loss) .   (3,069)    --       (6,943)      --       (34,877)
                           -------  -------   --------  ---------   ---------

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

Loss before taxes .......   (3,069)    --       (6,943)      --      (240,799)
Income taxes ............     --       --         --         --          --
                           -------  -------   --------  ---------   ---------

       Net Income (Loss)   $(3,069) $  --     $ (6,943) $    --     $(240,799)
                           =======  =======   ========  =========   =========

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 Six Months Ended     inception of
                                                         June 30,       development
                                                    -------------------
                                                       2001       2000     stage
                                                    ----------  ------- ----------
Cash Flows from Operating Activities:
<S>                                                 <C>         <C>     <C>
    Net Loss .....................................  $   (6,943) $   --  $(240,799)

Adjustments to reconcile net loss to net
cash used in operating activities:
   Amortization ..................................         833      --      1,250
   Goodwill Write Off ............................        --        --    205,922
   Translation Adjustment ........................         654      --        842
   Issuance of stock for expenses ................        --        --        350

Change in operating assets and liabilities:
  Prepaid Expenses ...............................       1,000      --       --
  Accounts Payable ...............................       4,453      --     24,043
                                                     ---------  -------- --------

        Net cash used in operating activities ....          (3)     --     (8,392)
                                                     ---------  -------- --------

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

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

Cash Flows from Financing Activities:
    Shareholder Advances .........................          50      --      4,086
    Capital Contributed by Shareholders ..........        --        --      9,405
                                                     ---------  -------- --------

         Net cash provided by Financing Activities          50      --     13,491
                                                     ---------  -------- --------

Net change in cash and cash equivalents ..........          47      --         99
Cash and cash equivalents
at beginning of period ...........................          52      --       --
                                                     ---------  -------- --------

Cash and cash equivalents at end of period .......   $      99   $  --   $     99
                                                     =========  ======== ========
</TABLE>

                                       5
<PAGE>






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

<TABLE>
<CAPTION>


                                                                        Cumulative
                                                                        since
                                                                        March 26,
                                                                        1996
                                              For the Six Months Ended  inception of
                                                           June 30,     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 SIX MONTHS ENDED JUNE 30, 2001
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF ACCOUNTING POLICIES

     This  summary of  accounting  policies for Safe Idea,  Inc. (a  development
stage company) is presented to assist in understanding  the Company's  financial
statements.  The accounting  policies conform to generally  accepted  accounting
principles  and  have  been  consistently  applied  in  the  preparation  of the
financial statements.

Interim Reporting

     The  unaudited  financial  statements  as of June 30,  2001 and for the six
month period then ended reflect,  in the opinion of management,  all adjustments
(which include only normal recurring  adjustments) necessary to fairly state the
financial  position  and results of  operations  for the six  months.  Operating
results for interim periods are not necessarily  indicative of the results which
can be expected for full years.

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 June 30,  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.



                                        7

<PAGE>




                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                     FOR THE SIX MONTHS ENDED JUNE 30, 2001
                                   (Unaudited)

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

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.

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.


                                        8

<PAGE>



                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                     FOR THE SIX MONTHS ENDED JUNE 30, 2001
                                   (Unaudited)

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

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.

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 June 30, 2001
Basic Loss per Share
Income to common shareholders  $    (3,069)    17,400,000   $     --
                               ===========  =============   ==========

                               For the Three Months Ended June 30, 2000
Basic Loss per Share
Loss to common shareholders    $      --        3,000,000   $      --
                               ===========  =============   ===========

                               For the Six Months Ended June 30, 2001
Basic Loss per Share
Income to common shareholders  $    (6,943)    11,760,000   $      --
                               ===========  =============   ===========

                               For the Six Months Ended June 30, 2000
Basic Loss per Share
Loss to common shareholders    $      --        3,000,000   $      --
                               ===========  =============   ===========

     The effect of outstanding  common stock  equivalents are  anti-dilutive for
June 30, 2001 and 2000 and are thus not considered.




                                        9

<PAGE>



                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                     FOR THE SIX MONTHS ENDED JUNE 30, 2001
                                   (Unaudited)

NOTE 2 - INCOME TAXES

     As of June 30, 2001, the Company had a net operating loss  carryforward for
income tax  reporting  purposes  of  approximately  $241,000  that may be offset
against future taxable income through 2021. 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.

NOTE 4 - COMMITMENTS

     As of June 30, 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.

     On April 5, 2001,  the Board of Directors  authorized 3 to 1 forward  stock
split. As a result of the split, 12,000,000 shares were issued, common stock was
increased by 1,200 and paid in capital was decreased by $1,200.

     All references in the  accompanying  financial  statements to the number of
common shares and per-share amounts reflect the stock splits.







                                        10

<PAGE>




                                 SAFE IDEA, INC
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                     FOR THE SIX MONTHS ENDED JUNE 30, 2001
                                   (Unaudited)

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 June 30,  2001,  the Company  owes
$4,086 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 became
the parent company and Repository became the wholly owned subsidiary.  Under the
terms of the  Plan of  Merger,  all of the  issued  and  outstanding  shares  of
Repository were exchanged into 3,000,000  shares of the Company's  common stock.
An amount of 3,000,000  previously issued shares of the 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.

     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.











                                       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 June 30, 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 six months  ended June
30, 2001 or 2000 because the Company is in the  development  stage.  The Company
had no costs of sales  revenues  for the six months  ended June 30, 2001 or 2000
because the  Company is in the  development  stage.  The Company had general and
administrative  expenses of $6,943 for the six month  period ended June 30, 2001
and $0 for the same period in 2000.

     The Company  recorded  net loss of $6,943 for the six months ended June 30,
2001 compared to $0 loss for the same period in 2000.

Capital Resources and Liquidity

     At June 30,  2001,  the Company had total  current  assets of $99 and total
assets of $3,849 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 $28,030 and
$22,574 at June 30, 2001 and December 31, 2000.

     Net stockholders' deficit in the Company was $24,280 and $17,991 as of June
30, 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 June 30,
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: December 5, 2001                       By:  /s/ William Scott Marshall
     -----------------                            ----------------------------
                                                  William Scott Marshall
                                                  President and Board Chairman










                                       14