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 ACT OF 1934

For the quarterly period ended September 30, 2002


[  ] 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 in its charter)

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

C/O Law Offices of Jaak Olesk
9300 Wilshire Boulevard, Suite 300
Beverly Hills, California                       90212
---------------------------------------    ---------------
(Address of principal executive offices)     (Zip code)



                   (310) 278-0100
           ----------------------------------
              (Issuer's telephone number)

State the number of shares outstanding of each of the issuer's
classes of common equity, as of November 13, 2002
Common stock 3,000,000 shares

Transitional Small Business Disclosure Format

(Check one): Yes [  ] No [ X]



                             1
TABLE OF CONTENTS

                                                   PAGE
PART I- FINANCIAL INFORMATION

Item 1. Financial Statements....................... 3-8

Item 2. Plan of Operation.......................... 8-9

PART II- OTHER INFORMATION

Item 1. Legal Proceedings. ........................  9

Item 2. Changes in Securities. ....................  9

Item 3. Defaults Upon Senior Securities. ..........  9

Item 4. Submission of Matters to a Vote of
        Security Holders. .........................  9

Item 5. Other Information. ........................ 9-10

Item 6. Exhibits and Report on Form 8-K. ..........  10

SIGNATURES. .......................................  10




























                           2
PART  I- FINANCIAL INFORMATION


Item 1. Financial Statements.


                    2000 New Commerce, Inc.
                (A Development Stage Company)
                      BALANCE SHEET
                    September 30, 2002
                       (Unaudited)
ASSETS

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


LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)


Current Liabilities
  Loan from shareholder       $    3,441
                              ----------
Total current liabilities          3,441

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                       (6,441)
                              ----------
Total shareholders' equity
  (deficit)                       (3,441)
                              ----------
Total  Liabilities and
Shareholders' Equity (Deficit)	$       --
                              ==========





                                3

         See accompanying note to financial statements.
                    2000 New Commerce, Inc.
                 (A Development Stage Company)
                    STATEMENT OF OPERATIONS
                         (Unaudited)



                     Three Months       Three Months
                       Ended              Ended
                    September 30,      September 30,
                       2002               2001
                   --------------      --------------


Revenue               $      --	     $      --

Expenses:
General and
  Administrative      $      --                --
                      ---------         ---------
(Loss) from
   operations                --                --

Income taxes                 --                --
                      ---------         ---------
Net (loss)            $      --         $      --
                      =========         =========
Basic (Loss) per
 Common
   Share              $      --         $      --
                      =========         =========
Diluted (Loss) per
Common share          $      --         $      --
                      =========         =========
Weighted average
  (basic and diluted)
   common shares
     outstanding      3,000,000         3,000,000
                      =========         =========












                               4

       See accompanying note to financial statements.
                      2000 New Commerce, Inc.
                  (A Development Stage Company)
                     STATEMENT OF OPERATIONS (Continued)
                            (Unaudited)



                    Nine Months     Nine Months  January 31, 2000
                       Ended           Ended     (Inception) to
                    September 30,   September 30, September 30,
                       2002            2001           2002
                    -------------   ------------- -------------


Revenue               $      --       $      --      $     --

Expenses:
General and
  Administrative      $      --           1,735         6,441
                      ---------       ---------      --------
(Loss) from
   operations                --          (1,735)       (6,441)

Income taxes                 --              --            --
                      ---------       ---------      --------
Net (loss)            $      --       $  (1,735)     $ (6,441)
                      =========       =========      ========
Basic (Loss) per
 Common
   share              $      --       $      --      $     --
                      =========       =========      ========
Diluted (Loss) per
Common share          $      --       $      --      $     --
                      =========       =========      ========
Weighted average
  (basic and diluted)
   common shares
     outstanding      3,000,000       3,000,000     3,000,000
                      =========       =========     =========












                               5

         See accompanying note to financial statements.
                      2000 New Commerce, Inc.
                   (A Development Stage Company)
      STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)
         For the period January 31, 2000 (inception) to
                       September 30, 2002
                          (Unaudited)


                                          (Deficit)
                                         Accumulated
                              Additional  During the
               Common   Stock  Paid-In   Development
               Shares   Amount Capital       Stage     Total
               -------  ------ ---------- ----------- ------

Common shares
Issued for
  cash-      1,250,000  $1,250 $     --    $     -- $ 1,250

Common shares
issued for
services-    1,750,000   1,750       --          --   1,750


Net (loss) for
the period from
inception to
September
 30, 2002           --      --        --     (6,441) (6,441)
             ---------  ------  --------    ------- -------
Balance-
 September
  30, 2002   3,000,000  $3,000  $     --   $(6,441) $(3,441)
             =========  ======= ========   ======== =======


















                              6
        See accompanying note to financial statements.
                     2000 New Commerce, Inc.
                 (A Development Stage Company)
                    STATEMENT OF CASH FLOWS
                          (Unaudited)

                  Nine Months    Nine Months   January 31, 2000
                     Ended         Ended        (Inception) to
                  September 30,  September 30,  September 30,
                     2002          2001             2002
                  -------------  -------------  --------------
Net (loss)	             $     --    $  (1,735)       $ (6,441)
Adjustments to
  reconcile net loss to
   cash used by
     operating activities:
Shares issued for
  services                   --           --             700
Increase (decrease) in
 Liabilities:
Accrued expenses             --        1,735              --
                      ---------     --------       ---------
Net cash (used) by
  operating
    activities:              --           --          (5,741)
Net cash from financing
  Activities:
Common stock issuance
  for cash                   --           --           2,300
Loan to shareholder          --           --           3,441
                      ---------     --------       ---------
Net cash (used) by
 financing activities:       --           --           5,741

Increase (decrease)
  in cash                    --           --              --
Cash at beginning
  of period           $      --           --              --
                      ---------     --------       ---------
Cash at end of
  period              $      --     $     --       $      --
                      =========     ========       =========
Supplemental cash flows information:
 Cash paid during the period for:

Income Taxes          $      --     $     --       $      --
                      =========     ========       =========
Interest              $      --     $     --       $      --
                      =========     ========       =========
Non-cash financing transactions:
Common shares issued
  for services        $      --     $     --       $     700
                      =========     ========       =========
7
See accompanying note to financial statements.

                     2000 New Commerce, Inc.
                  (A Development Stage Company)
                  NOTES TO FINANCIAL STATEMENTS
                       September 30, 2002
                           (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.  During the three month period ended September
30, 2002 Stockholders' Equity (Deficit) changed only by the
amount of the net loss.  Operating results for the three month
period ended September 30, 2002 are not necessarily indicative
of the results that may be expected for the year ended December
31, 2002.   For further information refer to the audited
financial statements and footnotes included in the Company's
Form 10-KSB filing for December 31, 2001.

   The Company's financial statements have been presented on
the basis that is a going concern, which contemplates the
realization of assets and the satisfaction of liabilities in
the normal course of business.  From inception to date the
Company has only incurred net losses and has had no revenues.
These factors, among others, raise substantial doubt as to the
Company's ability to continue as a going concern.

   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 (November 13, 2002) the Company has had no
revenues.

Item 2. Plan of Operation

   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.

   The business of the Company is developing e-commerce
opportunities, including sales over the Internet and advisory
services in this area.



                             8

   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 2002, and the first three quarters of calendar 2003
absent other funding being obtained, the Company's primary
funding source will be Chairman and President Olesk who will
provide funding for corporate expenses.

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, 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

        None.

Item 3. Defaults Upon Senior Securities

        None.

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

        None.

Item 5. Other Information

        In early August, 2002 a transaction was completed
whereby majority control of the Company was transferred to an
investor, Dr. Egon Nikolai. Dr. Nikolai's business address is

                            9
12357 56A Avenue, Surrey, B.C. V3X 3H7 Canada.  Pending
appointment of new directors and officers Jaak Olesk remains
Chairman of the Board of Directors and President.


Item 6. Exhibits and Report on Form 8-K

        No Exhibits

There were no reports filed on Form 8-K during the three month
period ended September 30, 2002.




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
Dated: November 13, 2002    --------------------------------
------------------------    Jaak Olesk
                            Chairman of the Board, President























                           10