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 March 31, 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.)

9300 Wilshire Boulevard, Suite 300,
Beverly Hills, California                       90212
------------------------------------       ---------------
(Address of principal executive offices)     (Zip code)


345 North Maple Drive, Suite 284
Beverly Hills, California                      90210
------------------------------------       ---------------
       (Former address)                      (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 July 9, 2002
Common stock  3,000,000 shares

Transitional Small Business Disclosure Format

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


TABLE OF CONTENTS

                                                     PAGE
PART I- FINANCIAL INFORMATION

Item 1. Financial Statements.......................  3-7

Item 2. Plan of Operation..........................  7-8

PART II- OTHER INFORMATION

Item 1. Legal Proceedings. ........................   8

Item 2. Changes in Securities. ....................   8

Item 3. Defaults Upon Senior Securities. ..........   8

Item 4. Submission of Matters to a Vote of
        Security Holders. .........................   8

Item 5. Other Information. ........................   8

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

SIGNATURES. .......................................   9





























PART  I- FINANCIAL INFORMATION

Item 1. Financial Statements.


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










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

 	Three Months    Three Months      January 31, 2000
           Ended           Ended           (Inception) to
         March 31, 2002  March 31, 2001    March 31, 2002
         --------------  ----------------- ----------------


Revenue    $      --	          $     --         $      --

Expenses:
General and
  Administra-
    tive  $       --               215             6,441
          ----------          --------          --------
(Loss) from
   operations     --              (215)           (6,441)

Income taxes      --                --                --
          ----------          --------          --------
Net (loss)$       --          $   (215)         $ (6,441)
          ==========          ========          ========
Basic (Loss) per
 Common
   share  $       --          $     --          $     --
          ==========          ========          ========
Diluted (Loss) per
Common
  share   $       --          $     --          $     --
          ==========          ========          ========
Weighted average
  (basic and diluted)
   common shares
     out-
 standing  3,000,000         3,000,000         3,000,000
          ==========         =========         =========














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 March 31,2002
                       (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 to
March 31, 2002      --      --        --    (6,441)  (6,441)
             ---------  ------  --------    ------- -------
Balance-
 March 31,
   2002      3,000,000  $3,000  $     --   $(6,441) $(6,441)
             =========  ======= ========   ======== =======

























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


          Three Months    Three Months      January 31, 2000
             Ended           Ended          (Inception) to
          March 31, 2002  March 31, 2001    March 31, 2002
          --------------  ----------------- ----------------

Net (loss)	    $      --    $     (215)           $ (6,441)
Adjustments to
  reconcile net loss to
   cash used by
     operating activities:
Shares issued for
  services           --                               700
Increase (decrease) in
 Liabilities:
Loan to share-
 holder              --           215               3,441

Accrued expenses     --            --                  --
     	    ---------      --------           ---------
Net cash (used) by
  operating
    activities:      --            --              (2,300)
Net cash from financing
  Activities:
Common stock issuance
  for cash           --            --               2,300
              ---------      --------           ---------
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           $     700
              =========      =======           =========

See accompanying note to financial statements.
                   2000 New Commerce, Inc.
               (A Development Stage Company)
               NOTES TO FINANCIAL STATEMENTS
                       March 31, 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 March 31, 2002 Stockholders' Equity (Deficit)
changed only by the amount of the net loss.  Operating
results for the three months period ended March 31, 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 (July 19, 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.

   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 2001, absent other funding being
obtained, the Company's primary funding for the Company's
Chairman and President will provide 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

	   None.

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 March 31, 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: July 17, 2002        -----------------------
--------------------        Jaak Olesk
                            Chairman of the Board, President
























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