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

                                      FORM 10-QSB
(Mark one)                           --------------
[X] QUARTERLY REPORT UNDER SECTION 13 0R 15(d) OF THE SECURITIES ACT OF 1934
                           For the quarterly period ended March 31, 2000
                                                          --------------

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF EXCHANGE ACT
            For the transition period from           to
                                          -----------  -----------
                                        Commission file number 0-29631


                                 2000 New Commerce, Inc.
                     ----------------------------------------------
                     (Name of Small Business Issuer is its charter)


                 Nevada                             95-4783102
     -------------------------------    -----------------------------------
    (State or other  jurisdiction of    (I.R.S. Employer Identification No.)
    incorporation or organization)


        270 North Canon Drive, Suite 203,
        Beverly Hills, California                         90210
   ----------------------------------------           -------------
   (Address of principal executive offices)             (Zip Code)


                            (310) 288- 0693
                      ---------------------------
                      (Issuer's telephone number)


State the number of shares outstanding of each of the issuer's classes
of common equity, as of May 10, 2000
Common stock 3,000,000 shares

Transitional Small Business Disclosure Format

(Check one): Yes [ ] No [X]
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                            TABLE OF CONTENTS


                                                                        PAGE
  PART I- FINANCIAL INFORMATION

  Item 1. Financial Statements.     ................................... 1/6

  Item 2. Changes in Securities. ...................................... 6/7

  PART II- OTHER INFORMATION

  Item 1. Legal Proceedings. ..........................................  7

  Item 2. Changes in Securities. ......................................  7

  Item 3. Defaults Upon Senior Securities. ............................  7

  Item 4. Submission of Matters to a Vote of Security Holders. ......... 7

  Item 5. Other Information. .........................................   7

  Item 6. Exhibits and Report on Form 8-K. ...........................   7

  SIGNATURES. ........................................................   8

<PAGE>



























PART I- FINANCIAL INFORMATION

Item 1. Financial Statements.

INDEPENDENT ACCOUNTANT'S REVIEW REPORT

We have reviewed the accompanying balance sheet of 2000 New Commerce, Inc. as
of March 31, 2000 and the related statements of operations, cash flows, and
changes in shareholders' equity for the period from January 31, 2000 (inception)
to March 31, 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 infor-
mation 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 statements 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.

/s/ Friedman, Minsk, Cole & Fastovsky
-------------------------------------
    Friedman, Minsk, Cole & Fastovsky

Los Angeles, California
May 10, 2000

                                      1
<PAGE>


























                            2000 New Commerce, Inc.
                        (A Development Stage Company)
                                BALANCE SHEET
                               March 31, 2000



  ASSETS

  Current Assets
    Cash                                       $     399
                                               ---------
  Total current assets                               399
                                               ---------
  Total assets                                 $     399
                                               =========



  LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

  Current Liabilities
     Accrued expenses                          $       -
                                               ---------
  Total current liabilities

  Shareholders' Equity
  Common stock,
   25,000,000 shares authorized
   at $0.001 par value; issued and
   outstanding 3,000,000 shares                    3,000
                                               ---------
  (Deficit) accumulated
    during the development
     stage                                        (2,601)
                                               ---------
  Total shareholders' equity
   (deficit)                                         399
                                               ---------
  Total Liabilities and
  Shareholders' Equity (Deficit)               $     399
                                               =========



                         See accountant's review report.

                                      2
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                             2000 New Commerce, Inc.
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
                                 (Unaudited)


                            January 31, 2000
                             (Inception) to
                             March 31, 2000
                            ----------------

  Revenue                     $       --

  Expenses:
  General and
    administrative            $    2,601
                              ----------
  (Loss) from
    operations                    (2,601)

  Income taxes                        --
                              ----------

  Net (loss)                  $   (2,601)
                              ==========

  Basic (Loss) per
   common share               $       --
                              ==========

  Diluted (Loss) per
   common share               $       --
                              ==========

  Weighted average
   (basic and diluted)
    common shares
     outstanding               3,000,000
                              ==========



                         See accountant's review report.

                                     3

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                                2000 New Commerce, Inc.
                             (A Development Stage Company)
                 STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)
                 From January 31, 2000 (Inception) to March 31, 2000
                                    (Unaudited)

                                                     (Deficit)
                                                     Accumulated
                                        Additional   During the
                       Common   Stock   Paid-In      Development
                       Shares   Amount  Capital        Stage       Total
                     ---------  ------  -----------  -----------  -------
  Common shares
  issued for cash-   2,300,000  $2,300   $     --     $     --     $2,300


  Common shares
  issued for
  services-            700,000     700         --           --        700


  Net (loss) for
  the period from
  inception                --       --         --       (2,601)    (2,601)
                   ----------   ------    -------      -------    -------

  Balance-
   March
    31, 2000        3,000,000   $3,000    $    --       $(2,601)  $   399
                   ==========   ======    =======       =======   =======


                          See accountant's review report.

                                      4

<PAGE>

















                               2000 New Commerce, Inc.
                           (A Development Stage Company)
                             STATEMENT  OF CASH FLOWS
                                  (Unaudited)



                                   January 31, 2000
                                    (Inception) to
                                    March 31, 2000
                                   ----------------

  Net (loss)                         $  (2,601)
  Adjustments to
   reconcile  net loss to
   cash used by
   operating  activities:

  Shares issued for services               700
  Increase (decrease) in
   liabilities:

  Accrued expenses                          --
                                     ---------
  Net cash (used) by
    operating activities:               (1,901)
  Net cash from financing
    activities:
  Common stock issuance for cash         2,300
                                    ----------
  Increase (decrease)in cash               399

  Cash at beginning of period               --
                                    ----------
  Cash at end of period             $      399
                                    ==========

  Supplemental cash flows  information:
  Cash paid during the period for:


  Income Taxes                      $       --
                                    ==========
  Interest                          $       --
                                    ==========
  Non-cash financing transactions:

  Common shares issued
   for services                     $      700
                                    ==========

                       See accountant's review report.

                                    5

<PAGE>


                          2000 New Commerce, Inc.
                      (A Development Stage Company)
                       NOTE TO FINANCIAL STATEMENTS
                            March 31, 2000
                             (Unaudited)

BASIS OF PRESENTATION
----------------------

      The accompanying unaudited financial statements have been prepared in
accordance with generally accepted accounting principles for interim financial
information and with the instructions to Form 10 QSB and Item 310(b) of
Regulation S-B.  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 (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included.  Operating results for the three month period ended
March 31, 2000 are not necessarily indicative of the results that may be
expected for the year ended December 31, 2000.  The Company was incorporated
on January 31, 2000 thus it was not in existence in the early part of 1999;
therefore, comparative presentations for the three month period ended
March 31, 1999 are not made.  For futher information refer to the audited
financial statements and footnotes included in the Company's Form 10-SB filing,
filed February 18, 2000.  The audited financial statements in the Form 10-SB
covered the period from January 31, 2000 to February 15, 2000.

Item 2. Plan of Operation
--------------------------

     2000 New Commerce, Inc. ("the Company") was incorporated in the state
of Nevada on January 31, 2000.  The Company is a development stage enterprise.
From inception on January 31, 2000 to date (May 10, 2000) the Company has had no
revenues.

     On February 18, 2000 the Company filed a Registration Statement on Form-
10-SB with the United States Securities and Exchange Commission.  The
Registration Statement went effective on April 18, 2000.


                                        6

<PAGE>


Item 2. Plan of Operation (Continued)
-------------------------------------
    The business of the Company is developing e-commerce opportunities,
including sales over the Internet and advisory services in this area.

    The Company, which has no employees, is a development stage enterprise.
From inception to date the Company has had no revenues.

    The Company's management is seeking funding from a variety of sources.
However, there can be no  assurance management will be successful in these
endeavors.  For the remainder of calendar 2000, absent other funding being
obtained, the Company's primary funding for corporate expenses will be provided
by the Company's Chairman and President.

Forward-Looking Statements
    This Form 10-QSB includes "forward-looking statements" within the meaning
of the "safe-harbor" provisions of the Private Securities Litigation Reform Act
of 1995.  Such statements are based on management's current expectations and are
subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.
All statements, other than statements of historical facts included in this Form,
including without limitation, statements under "Plan of Operation", regarding
the Company's financial position, business strategy, and plans and objectives
of management of the Company for future operations, are forward-looking
statements.

PART II- OTHER INFORMATION
--------------------------

Item 1. Legal Proceedings

     The Company is not a party to any pending legal proceeding.  Management
     is not aware of any threatened litigation, claims or assessments.

Item 2. Changes in Securities

     There have been no changes in securities since February 18, 2000.

     All of the Company's issuance of securities were disclosed in its
     Form 10-SB filing (Filed February 18, 2000).

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 Report on Form 8-K

Exhibit 1: Consent of Friedman, Minsk, Cole & Fastovsky CPAS
---------

Exhibit 1

May 10, 2000

Securities and Exchange Commission
450 Fifth Street
Washington, D.C. 20549

Commissioners:

We consent to the inclusion of our report dated May 10, 2000 on our review of
interim financial information of 2000 New Commerce, Inc. for the period January
31, 2000 (Inception) to March 31, 2000 in 2000 New Commerce Inc.'s quarterly
report on Form 10QSB for the quarter then ended.


/s/ Friedman, Minsk, Cole & Fastovsky
-------------------------------------
FRIEDMAN, MINSK, COLE & FASTOVSKY
Los Angeles, California
May 10, 2000

There were no reports filed on Form 8-K during the three month period ended
March 31, 2000.


                                    7

<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.


                                         2000 New Commerce, Inc.

                                         /s/ Jaak Olesk
                                         ------------------------------
Date: May 11, 2000                       Jaak Olesk
------------------                       Chairman of the Board, President













                                     8

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