U.S. 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 EXCHANGE ACT OF 1934

                       For the quarter ended June 30, 2000

[ ]TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF 1934

                         Commission file number 0-25037
                              stereoscape.com, inc.
                 (Name of small business issuer in its charter)

             Nevada                                      06-1469654
  (State or other  jurisdiction               (IRS Employer identification no.)
of incorporation  or  organization)

                3440 Highway 9 South, Freehold, New Jersey 07728
                    (Address of principal executive offices)

                                 (732) 462-7767
                           (Issuer's telephone number)
                        ---------------------------------

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements  for the past 90 days.  Yes ...X..
No.........

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                     PROCEEDINGS DURING THE PAST FIVE YEARS

     Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes .......No ....... N/A

                      APPLICABLE ONLY TO CORPORATE ISSUERS

     Number of shares  outstanding  of each of the  issuer's  classes  of common
equity as of June 30, 2000.

         Title of Each Class                     Number of Shares Outstanding
Common Stock, $.001 par value per share                   4,663,891



<PAGE>

PART I - FINANCIAL INFORMATION

Item 1.           Consolidated Financial Statements

                      stereoscape.com, inc. AND SUBSIDIARY
                     CONSOLIDATED BALANCE SHEET (UNAUDITED)
                                  June 30, 2000

                                     ASSETS
Current Assets:
          Cash                                                          $ 9,880
          Charge card receivables                                         9,054
          Inventories                                                   289,683
          Other current assets                                            7,255
                                                                      ----------
Total Current Assets                                                    315,872
                                                                      ----------

Property and Equipment - Net                                              9,681
                                                                      ----------

TOTAL ASSETS                                                          $ 325,553
                                                                      ==========

                    LIABILITIES AND STOCKHOLDERS' DEFICIENCY

     LIABILITIES
Current Liabilities:
          Accounts payable and accrued expenses                       $ 467,837
          Customer deposits and other advances                          413,137
          Payroll and sales tax payable                                  65,923
                                                                      ----------
Total Current Liabilities                                             $ 946,897
                                                                      ----------
Commitments and Contingencies

                            STOCKHOLDERS' DEFICIENCY
Common Stock
          Par value $.001 - 10,000,000 shares authorized,
             4,663,891 shares issued and outstanding                      4,664
Additional paid in capital                                              332,211
Deficit                                                                (958,219)
                                                                      ----------

Total Stockholders' Deficency                                          (621,344)
                                                                      ----------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY                        $ 325,553
                                                                      ==========

         See notes to the consolidated financial statements (unaudited).


                      stereoscape.com, inc. AND SUBSIDIARY
                CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

                      For the Three Months Ended       For the Six Months Ended
                               June 30,                        June 30,
                         2000            1999            2000            1999
                     -----------------------------------------------------------

Sales                 $ 442,332       $ 886,351      $1,301,937      $2,085,743


Cost of sales           354,384         678,349       1,038,417       1,596,320
                     -----------------------------------------------------------

Gross profit             87,948         208,002         263,520         489,423


Selling, General
   and Administrative   180,900         231,039         471,088         484,403
                     -----------------------------------------------------------


Net Earnings (loss)   $ (92,952)      $ (23,037)     $ (207,568)        $ 5,020
                     ===========================================================

LOSS PER COMMON SHARE

BASIC AND DILUTED

Net Earnings (loss)     $ (0.02)        $ (0.01)        $ (0.06)         $ 0.00

Weighted average
number of shares
used in computation   3,909,909       2,800,409       3,540,727       2,755,843


         See notes to the consolidated financial statements (unaudited).


<PAGE>
                      stereoscape.com, inc. AND SUBSIDIARY
                CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                      For the Six Months Ended
                                                                June 30,
                                                        2000              1999
                                                   -----------------------------
Cash flows from operating activities:
           Net earnings (loss)                     $ (207,568)          $ 5,020
Adjustments to reconcile net loss
 to net cash used in operations:
           Depreciation and amortization                1,892               792
           Impairment of Asset                             -                 -
     (Increase) decrease in operating assets:
           Charge card receivables                      1,911           (17,632)
           Inventories                                (36,504)          (36,690)
           Other current assets                        35,001            (3,118)
     Increase (decrease) in operating liabilities:
           Accounts payable                               511            91,173
           Customer deposits and advances              47,240           (98,993)
           Payroll and sales taxes payable            (13,804)          (16,404)
           Accrued expenses                                -                 -
                                                   -----------------------------

Net cash used in operating activities                (171,321)          (75,852)
                                                   -----------------------------

Cash flow from investing activities:
           Purchase of fixed assets                         -            (3,074)

                                                   -----------------------------

Net cash used in investing activities                       -            (3,074)
                                                   -----------------------------

Cash flow from financing activities:
           Issuance of capital stock                  177,500            84,375
           Proceeds from (repayment of)
           loan payable                                     -            (8,117)
                                                   -----------------------------

Net cash provided by financing activities             177,500            76,258
                                                   -----------------------------

(Decrease) increase in cash                             6,179            (2,668)

Cash at beginning of period                             3,557              3,608
                                                   -----------------------------

Cash at end of period                                 $ 9,736             $ 940
                                                   =============================

Supplemental disclosure of cash flow information:
           Interest paid                                $ 705           $ 1,069


         See notes to the consolidated financial statements (unaudited).

<PAGE>


                      stereoscape.com, inc. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



         NOTE 1 -- SIGNIFICANT ACCOUNTING POLICIES

         ORGANIZATION

     stereoscape.com,  inc. (the  "Company")  was  established in 1988 under the
name Alliance Health  Enterprises,  Inc. In December of 1998 the Company's Board
of Directors approved a change in the Company's name from Alliance Technologies,
Inc.  and  prior to that,  in April  1997  the  name  was  changed  to  Alliance
Technologies,  Inc.  at which time the  Company  acquired  American  Buyers Club
International,  Inc.  ("ABC") In April,  1997 ABC formed Alpha Sound and Vision,
Inc. as a wholly owned subsidiary.
     The Company is located in Freehold,  New Jersey and sells high quality home
entertainment   equipment.   Substantially  all  business  is  obtained  through
advertising in trade magazines and via the Internet.

         PRINCIPLES OF CONSOLIDATION AND BASIS OF PRESENTATION

     The consolidated  financial  statements include the accounts of the Company
and  its  wholly  owned  subsidiary.  All  material  intercompany  balances  are
eliminated.

         INVENTORIES

     Inventories  are stated at the lower of cost or market as determined by the
first-in, first-out method.

         DEPRECIATION AND AMORTIZATION

     Depreciation  and  amortization  is computed  utilizing  the straight  line
method  over the  estimated  useful  lives of the  related  assets,  which range
between three and five years.

         ADVERTISING COSTS

     The  Company  expenses  production  costs of print,  radio  and  television
advertisements  as of the first date the  advertisements  take place.  All other
advertising costs are expensed as incurred.

         EARNINGS PER COMMON SHARE

     In the fourth quarter of 1997, the company  adopted  Statement of Financial
Accounting  Standards No. 128, "Earnings per Share" (SFAS 128), which supersedes
Accounting  Principles  Board Opinion No. 15. Under SFAS 128 earnings per common
share is computed by dividing net income (loss) available to common shareholders
by the  weighted-average  number of common shares outstanding during the period.
Diluted  earnings  per share do not reflect the  potential  dilution  that could
occur if securities or other  contracts to issue common shares were exercised or
converted into common shares or resulted in the issuance of common shares as the
impact of such would be antidilutive given the net losses incurred.

<PAGE>


                      stereoscape.com, inc. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (continued)



         FAIR VALUE OF FINANCIAL INSTRUMENTS

     The fair value of a financial instrument represents the amount at which the
instrument could be exchanged in a current  transaction between willing parties,
other  than a forced  sale or  liquidation.  Significant  differences  can arise
between the fair value and  carrying  amount of financial  instruments  that are
recognized at historical cost amounts.

         USE OF ESTIMATES

     The  preparation  of financial  statements  in  conformity  with  generally
accepted  accounting  principles  requires  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.

         WARRANTY

     The Company sells its products with the  manufacturer's  factory or Alpha's
company warranty.  In addition,  the Company offers extended  warranties,  at an
additional  cost. The extended  warranties are underwritten by a third party for
which the Company pays a fixed fee.

         NEW ACCOUNTING PRONOUNCEMENTS

     In June 1998, the Financial  Accounting Standards Board issued Statement of
Financial  Accounting  Standards No. 133, Accounting for Derivative  Instruments
and Hedging  Activities  ("SFAS No. 133").  SFAS No. 133 applies to all entities
and to all types of  derivatives,  and is effective  for all fiscal  quarters of
fiscal years  beginning after June 15, 1999. The adoption of SFAS No. 133 in not
expected to materially affect the financial position or results of operations of
the Company.

     Effective in 1998, the Company  adopted  Statement of Financial  Accounting
Standards No. 130, Reporting Comprehensive Income ("SFAS No. 130"). The Company,
at this time, has no items of comprehensive income other than net income.

     The  Company  adopted  Statement  Financial   Accounting  Standard  No.131,
Disclosures about Segments of an Enterprise and Related  Information (SFAS 131),
in 1998. The Company's  chief  operating  decision maker is the Chief  Executive
Officer. There is currently only one operating segment in the Company, therefore
there is no segment information to report.


         NOTE 2 -- CUSTOMER DEPOSITS AND OTHER ADVANCES

     At June 30,  2000 the Company had  $178,208  in  customer  deposits,  which
represent  payments  made  to the  Company  by  credit  card  or  check  for the
merchandise that had not been shipped as of that date. In addition,  at June 30,
2000 the Company had $234,929 in customers refunds payable, respectively,  which
represents  an amount owed to customers  for returned  merchandise  or cancelled
orders.


         NOTE 3 - FIXED ASSETS, at cost

     Depreciation  and  amortization  is computed  utilizing  the  straight-line
method  over the  estimated  useful  lives of the  related  assets,  which range
between three and five years.

     Fixed assets consists of the following at March 31, 2000:

            Furniture and fixtures                      $    9,410
            Hardware and software costs                     14,687
                                                         ----------
                                                            24,097
            Less-accumulated depreciation                  (14,416)
                                                        $    9,681


Note 4 - RECENT SALE OF UNREGISTERED SECURITIES

     On February 18, 2000, the Company sold 120,000  unregistered  shares of the
Company's common stock. The shares were sold to an accredited investors at $0.50
per share. Total net proceeds were $60,000 for which no commission or broker fee
was paid.
     On March 28,  2000,  the  Company  sold 12,500  unregistered  shares of the
Company's common stock. The shares were sold to an accredited investors at $2.00
per share. Total net proceeds were $25,000 for which no commission or broker fee
was paid.
     The Company intended that the shares be exempt from registration  under the
Securities  Act by virtue of Section 4(2) and/or  Section 4(6) of the Securities
Act and the provisions of Regulation D promulgated thereunder.

<PAGE>


         Item 2.  Management's Discussion and Analysis or Plan of Operation

                  Management's  Discussion  and Analysis of Financial  Condition
         and  Results  of  Operations  should  be read in  conjunction  with the
         Consolidated Unaudited Financial Statements and related notes which are
         contained in Item 1 herein.

                  Results of operations for stereoscape.com, inc. and subsidiary
         are being  presented on a consolidated basis.

         Quarter Ended  June 30, 2000 Compared to Quarter Ended June 30, 1999

                  Net sales for the quarter ended June 30, 2000 decreased  50.1%
         to $442,332  from  $886,351 for the quarter  ended June 30,  1999.  The
         decrease was the result of the restructuring  by new  management  to
         eliminate   lower   margin  sales,  and  a  reduction  in   advertising
         expenditures.

                  Gross  profit for the quarter  ended June 30,  2000  decreased
         57.8% to $87,948 from  $208,002 for the quarter ended June 30, 1999. As
         a percentage of net sales,  gross profit decreased to 19.9% in the 2000
         period compared to 23.4% in the 1999 period. The decrease was primarily
         the  result  of  the  liquidation  of  excess  inventory at promotional
         prices.

                  Selling, general and administrative expenses for quarter ended
         June 30, 2000 decreased 21.7% to $180,900 from $231,039 for the quarter
         ended  June  30,   1999.   The   decrease  in   selling,   general  and
         administrative  expenses  consisted  primarily of cost cutting measures
         initiated by new senior management.

                  Net losses for the  quarter  ended June 30, 2000  increased to
         ($92,952) compared to losses of ($23,037)for the quarter ended June 30,
         1999.  This increase was due to a decrease in sales volume.

         Six Months Ended  June 30, 2000 Compared to Quarter Ended June 30, 1999

                  Net sales for the six  months  ended June 30,  2000  decreased
         37.6% to $1,301,937  from  $2,085,743 for the six months ended June 30,
         1999.  The  decrease was the  direct result of eliminating lower margin
         sales and a reduction in advertising expenditures.

                  Gross profit for the six months ended June 30, 2000  decreased
         46.2% to $263,520 from $489,423 for the six months ended June 30, 1999.
         As a percentage  of net sales,  gross profit  decreased to 20.2% in the
         2000 period  compared to 23.4% in the 1999  period.  The  decrease  was
         primarily  the  result  of  the  liquidation  of  excess  inventory  at
         promotional prices.

                  Selling,  general and  administrative  expenses for six months
         ended June 30, 2000  decreased  2.8% to $471,088  from $484,403 for the
         six months  ended June 30, 1999.  The decrease in selling,  general and
         administrative  expenses  consisted  primarily of cost cutting measures
         initiated by new senior management.

                  Net  losses  for  the  six  months   ended  June  30,  2000 of
         ($207,568) compared  to  earnings  of  $5,020  for the six months ended
         June 30,  1999 were a direct result of lower  sales and decreased gross
         margins.

         Liquidity and Capital Resources

                  At June 30,  2000 and June 30, 1999 the Company  had a deficit
         equity of  ($621,344)  and ($347,122), respectively.

                  The Company has  historically  financed its  business  through
         cash flow from operations and borrowings from executives,  which may be
         utilized from time to time.

                  The Company expects to require  additional  capital and at the
         present  time  has  no  definitive  plans  but  is  exploring   various
         opportunities.  There can be no assurance of the ability of the Company
         to raise such capital.  The Company has no  agreements  or  commitments
         with any person or entity to raise such capital.

                  While   no   specific   acquisitions   are   presently   under
         consideration,   the  Company  is  actively  seeking  acquisitions  and
         anticipates  it may  require  additional  capital  in order to fund any
         acquisitions  or substantial  growth in its current  business.  To this
         end, the Company  plans to pursue both debt and equity  financing  from
         both   private   institutions   and  the  public   markets  to  finance
         acquisitions  as required.  No assurance  can be given that  sufficient
         capital will be available when needed.

         Anticipated Future Growth

                  Management believes that the future growth of the Company will
         be the result of four efforts;  (1)  acquisition of other  companies in
         the internet and home theater related industries,  (2) increasing sales
         via the internet  through an  E-Commerce  Web Site,  (3)  obtaining new
         customers in the existing  markets  developing  new markets via current
         marketing channels and the internet, and (4) controlling and containing
         operating and administrative costs.

         Year 2000 Assessment

                  The Company began  assessing  the possible  impact of the Year
         2000 ("Y2K") issues on its business operations in 1999. The issue arose
         because of  information  technology  ("IT") which  utilized a two digit
         date field. Y2K introduced the potential for errors and miscalculations
         related to IT and non-IT systems which were not designed to accommodate
         a date of year 2000 and beyond.  As of August 18, 2000, the Company had
         encountered no significant Y2K related problems.
                  The  Company  successfully  implemented  a program  to assess,
         mitigate and remediate  the  potential  impact of the Year 2000 problem
         throughout  the  Company.   The  cost  of   remediation   efforts  were
         immaterial,  and as such the Year 2000  problem did not have a material
         effect on the financial position of the Company, nor the results of its
         operations.

         Forward Looking Statements

              Management's  Discussion  and Analysis of Financial  Condition and
         Results  of  Operations  contains  information  regarding  management's
         planned growth,  financing and prospective  business  acquisitions  and
         opportunities.  These  statements are forward  looking  statements that
         involve  risks and  uncertainties.  The following is a list of factors,
         among others, that could cause actual results to differ materially from
         the forward looking  statements:  business conditions and growth in the
         Company's market and industry and in the general  economy;  competitive
         factors   including   increased   competition   and  price   pressures;
         availability  of raw materials and  purchased  products at  competitive
         prices; and inadequate or unsatisfactory financing sources.







<PAGE>


         Part II - OTHER INFORMATION

         Item 2.   Changes in Securities and Use of Proceeds

                  On February  18, 2000,  the Company sold 120,000  unregistered
         shares  of the  Company's  common  stock.  The  shares  were sold to an
         accredited  investors  at $0.50  per  share.  Total net  proceeds  were
         $60,000 for which no commission or broker fee was paid.
                  On March 28, 2000, the Company sold 12,500 unregistered shares
         of the Company's  common  stock.  The shares were sold to an accredited
         investors at $2.00 per share. Total net proceeds were $25,000 for which
         no commission or broker fee was paid.
                  The   Company   intended   that  the  shares  be  exempt  from
         registration  under the Securities Act by virtue of Section 4(2) and/or
         Section 4(6) of the  Securities  Act and the provisions of Regulation D
         promulgated thereunder.
                  The  proceeds  from the above  placements  are  being  used as
additional working capital.

         Item 6.   Exhibit and reports on Form 8-K

(a)      Exhibits

                                    None

(b)      Reports filed on Form 8K

                                    None

<PAGE>



                                                 SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
         the  registrant  has duly caused this report to be signed on its behalf
         the undersigned duly authorized

                 stereoscape.com, inc.


                 By:   /s/ Mario Bassani                        August 21, 2000
                       Mario Bassani
                       President (Principal Executive Officer)
                       Chairman of the Board

                 By:   /s/ Steve Wise                           August 21, 2000
                       Steve Wise
                       Director

                 By:   /s/ Gary B. Hyman                        August 21, 2000
                       -----------------
                       Gary B. Hyman
                       Chief Financial Officer
                       Director