UNITED STATES

SECURITIES ANDEXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-QSB

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(Mark one)

[X] QUARTERLY REPORT UNDER SECTION 13OR 15(d) OF THE

SECURITIES ACT OF 1934

 

For the quarterly period ended June30, 2003

 

[ ] TRANSITION REPORT UNDER SECTION13 OR 15(d) OF EXCHANGE

ACT

 

For the transition period from        to

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Commission file number0-29631

2000 New Commerce,Inc.

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(Name of SmallBusiness Issuer in its charter)

 

          Nevada                                      95-4783102

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(State or other jurisdiction of                  (I.R.S. Employer

incorporation or organization)                    Identification No.)

 

625 Howe St., Suite 600

Vancouver, BC Canada V6C 2T6

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(Address of principal executiveoffices) (Zip code)

 

 

(604) 683-6648

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(Issuer's telephone number)

 

State the number of sharesoutstanding of each of the issuer's

classes of common equity, as of June30, 2003

Common stock 3,000,000 shares

 

Transitional Small BusinessDisclosure Format

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

 

 

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TABLE OF CONTENTS

PAGE

PART I- FINANCIAL INFORMATION

Item 1. FinancialStatements....................... 3-8

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

PART II- OTHER INFORMATION

Item 1. LegalProceedings. ........................ 9

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

Item 3. Defaults UponSenior Securities. .......... 9

Item 4. Submission of Matters to a Voteof

Security Holders. ......................... 9

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

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

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

 

 

 

 

 

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PART I- FINANCIAL INFORMATION

 

Item 1. Financial Statements.

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2000 New Commerce, Inc.

(A Development StageCompany)

NOTE TO FINANCIALSTATEMENTS

June 30, 2003

(Un-audited)

BASIS OF PRESENTATION

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The accompanying un-audited financial statements have been prepared inaccordance with generally accepted accounting principles for interim financialinformation and with the instructions to Form 10 QSB and Item 310(b) ofRegulation S-B. Accordingly, they do not include all of the information andfootnotes required by generally accepted accounting principles for completefinancial statements. In the opinion of management, all adjustments (consistingof normal recurring accruals) considered necessary for a fair presentation havebeen included. During the six month period ended June 30, 2003 Stockholders'Equity (Deficit) changed only by the amount of the net loss. Operating resultsfor the six month period ended June 30, 2003 are not necessarily indicative ofthe results that may be expected for the year ended December 31, 2003. Forfurther information refer to the audited financial statements and footnotesincluded in the Company's Form 10-KSB filing for December 31, 2002.

The Company's financial statements have been presented on the basis that is agoing concern, which contemplates the realization of assets and the satisfactionof liabilities in the normal course of business. From inception to date theCompany 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 asa going concern.

2000 New Commerce, Inc. ("the Company") was incorporated in the state ofNevada on January 31, 2000. The Company is a development stage enterprise. Frominception on January 31, 2000 to date (June 30, 2003) the Company has had norevenues.

Item 2. Plan of Operation

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

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

The Company, which has no employees, is a development stage enterprise. Frominception 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 theseendeavors. For the remainder of calendar 2003, absent other funding beingobtained, the Company's primary funding source will be President Nikolai whowill provide funding for corporate expenses.

Forward-Looking Statements

This Form 10-QSB includes "forward-looking statements" within the meaning ofthe "safe-harbor" provisions of the Private Securities Litigation Reform Act of1995. Such statements are based on management's current expectations and aresubject to a number of factors and uncertainties that could cause actual resultsto differ materially from those described in the forward-looking statements. Allstatements, other than statements of historical facts included in this Form,regarding the Company's financial position, business strategy, and plans andobjectives of management of the Company for future operations, areforward-looking statements.

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PART II- OTHER INFORMATION

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Item 1. Legal Proceedings

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

Item 2. Changes in Securities

None.

Item 3. Defaults UponSenior 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 ofthe Company was transferred to an investor, Dr. Egon Nikolai. Dr. Nikolai'sbusiness address is 12357 56A Avenue, Surrey, B.C. V3X 3H7 Canada. On April 10,2003 the Company named Troy Nikolai as Director to serve as President and CEO.Mr. Nikolai is an acoountant with C.J. Willoghby in Burnaby BC Canada. On April10, 2003 Jake Bottay agreed to be a Director and will serve as Secretary andCFO. Mr. Bottay is a self-employed consultant and is Director of BelmontResources Inc and Highbank Resources Inc, both of Vancouver BC. Mr. Bottayresides in N. Vancouver BC. In April 2003, the Company opened a bank accountwith loans from Egon Nikolai in order to pay its accounts payables of annualincorporation fees and Securities and Exchange Commission filing fees. In April2003, the Company entered into an agreement with a consulting firm with a commondirector of the Company for a period of 12 months to render consulting services,including services related to market analysis, public relations, financialplanning, investment banking services and to facilitate all regulatory filingsnecessary.

Item 6. Subsequent Events

None

Item 7. Exhibits and Reporton Form 8-K

No Exhibits

Form 8K previously filed with the SEC April 10, 2005

 

 

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SIGNATURES

 

In accordance with the requirements of the Exchange Act, the registrantcaused this report to be signed on its behalf by the undersigned, thereunto dulyauthorized.

                                                   2000 New Commerce, Inc.

 

Dated: October 15, 2005                            --------------------------------

                                                   /s/ Troy Nikolai,President,CEO,Director

 

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/s/ Egon Nikolai

Chairman of the Board

 

 

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/s/ JakeBottay,Secretary,CFO,Director