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 March 31, 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 of      (IRS Employer identification no.)
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 March 31, 2000.

        Title of Each Class                     Number of Shares Outstanding
Common Stock, $.001 par value per share                   3,358,227
<PAGE>


PART I - FINANCIAL INFORMATION

Item 1.  Consolidated Financial Statements

                      stereoscape.com, inc. AND SUBSIDIARY
                     CONSOLIDATED BALANCE SHEET (UNAUDITED)
                                 March 31, 2000

                                     ASSETS

Current Assets:
          Cash                                                          $ 5,442
          Charge card receivables                                        22,685
          Inventories                                                   248,238
          Other current assets                                           10,764
                                                                      ----------
Total Current Assets                                                    287,129
                                                                      ----------

Property and Equipment - Net                                             10,627

TOTAL ASSETS                                                          $ 297,756
                                                                      ==========


                    LIABILITIES AND STOCKHOLDERS' DEFICIENCY

                                   LIABILITIES

Current Liabilities:
          Accounts payable and accrued expenses                       $ 472,994
          Customer deposits and other advances                          360,288
          Payroll and sales tax payable                                  85,366
                                                                      ----------
Total Current Liabilities                                             $ 918,648
                                                                      ----------

Commitments and Contingencies

                            STOCKHOLDERS' DEFICIENCY
Common Stock
          Par value $.001 - 10,000,000 shares authorized,
             3,358,227 shares issued and outstanding                      3,358
Additional paid in capital                                              241,017
Deficit                                                                (865,267)
                                                                      ----------

Total Stockholders' Deficency                                          (620,892)
                                                                      ----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY                        $ 297,756
                                                                      ==========

         See notes to the consolidated financial statements (unaudited).

                                       2
<PAGE>


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

                                                  For the Three Months Ended
                                                          March 31,
                                                    2000            1999
                                               --------------------------------

Sales                                                $ 859,605     $ 1,199,392


Cost of sales                                          684,033         917,971
                                               --------------------------------

Gross profit                                           175,572         281,421


Selling, General and Administrative                    290,188         253,364
                                               --------------------------------


Net(loss)Earnings                                   $ (114,616)       $ 28,057
                                               ================================

LOSS PER COMMON SHARE

BASIC AND DILUTED

Net(loss)Earnings                                      $ (0.04)         $ 0.01

Weighted average number of
   shares used in computation                        3,164,127       2,766,893


         See notes to the consolidated financial statements (unaudited).


                                       3
<PAGE>


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

                                                    For the Quarter Months Ended
                                                              March 31,
                                                        2000              1999
                                                  ------------------------------
Cash flows from operating activities:
          Net (loss) earnings                      $ (114,616)         $ 28,057
Adjustments to reconcile net loss to
   net cash used in operations:
          Depreciation and amortization                   946               792
     (Increase) decrease in operating assets:
          Charge card receivables                     (11,720)           (1,797)
          Inventories                                   4,942            24,773
          Other current assets                         (3,509)           (2,675)
     Increase (decrease) in operating liabilities:
          Accounts payable                             81,355           (78,219)
          Customer deposits and advances               (5,609)           15,444
          Payroll and sales taxes payable             (34,904)          (17,979)
                                                  ------------------------------

Net cash used in operating activities                 (83,115)          (31,604)
                                                  ------------------------------

Cash flow from financing activities:
          Issuance of capital stock                    85,000            59,375
          Proceeds from (repayment of) loan payable         -            (8,117)
                                                  ------------------------------

Net cash provided by financing activities              85,000            51,258
                                                  ------------------------------

Increase in cash                                        1,885            19,654

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

Cash at end of period                                 $ 5,442          $ 23,262
                                                  ==============================

Supplemental disclosure of cash flow information:
          Interest paid                                 $ 270           $ 1,069


         See notes to the consolidated financial statements (unaudited).


                                       4
<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.


                                       5
<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 March 31,  2000 the Company had  $202,043  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 March 31,
2000 the Company had $158,245 in customers refunds payable, respectively,  which
represents  an amount owed to customers  for returned  merchandise  or cancelled
orders.

                                       6
<PAGE>


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



         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                  (13,470)
                                                         ----------
                                                        $   10,627
                                                         ==========


        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.


                                       7
<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 March 31, 2000 Compared to Quarter Ended March 31, 1999

     Net sales for the quarter ended March 31, 2000 decreased  28.3% to $859,605
from  $1,199,392  for the quarter  ended March 31,  1999.  The  decrease was the
result  of key  products  being  unavailable  during  the first two month of the
quarter.

     Gross  profit for the  quarter  ended  March 31,  2000  decreased  37.6% to
$175,572  from $281,421 for the quarter ended March 31, 1999. As a percentage of
net sales,  gross profit decreased to 20.4% in the 2000 period compared to 23.5%
in the 1999 period.  The decrease was primarily the result of increased sales of
lower margin  products,  promotional  pricing to generate  sales  increase,  and
introductory pricing of new product lines.

     Selling,  general and  administrative  expenses for quarter ended March 31,
2000  increased  14.5% to $290,188 from $253,364 for the quarter ended March 31,
1999. The increase in selling,  general and  administrative  expenses  consisted
primarily  of  added   administrative   staff,   computerization  of  accounting
functions,  and  installation of internal control systems which are being put in
place to enable the  Company to handle a  substantial  increase in volume in the
year 2000 and thereafter  which  management  believes will result from new sales
techniques including a fully integrated  E-commerce website to be activated late
in the year 2000.

     Net losses for the  quarter  ended March 31,  2000  increased  to a loss of
($114,616) compared to earnings of $28,057 for the quarter ended March 31, 1999.
This  increase was due to increased  in operating  costs to sustain  anticipated
growth.

                                       8
<PAGE>

     Liquidity and Capital Resources

     At March 31, 2000 and March 31,  1999 the  Company had a deficit  equity of
($620,892) and ($349,085), 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.

     In the first quarter the Company  raised  $85,000 in privates  placement in
exchange for 132,500 shares of its common stock.  Under the Agreement other than
piggy-back  registration  rights,  the Company is not  required to register  the
shares.

     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.

                                       9
<PAGE>

     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 May 8, 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.


                                       10
<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 to as  additional
working capital.

         Item 6.   Exhibit and reports on Form 8-K

(a)      Exhibits

                                    None

(b)      Reports filed on Form 8K

                                    None


                                       11
<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/ Steven Wise                               May 12, 2000
              --------------------------
              Steven Wise
              President (Principal Executive Officer)
              Director

        By:   /s/ Bernard F. Lillis, Jr.                    May 12, 2000
              --------------------------
              Bernard F. Lillis, Jr.
              Chief Financial Officer (Principal Accounting Officer)
              Director

        By:   /s/ Scott G. Halperin                         May 12, 2000
              --------------------------
              Scott G. Halperin
              Chairman of the Board of Directors

        By:   /s/ David Bannon                              May 12, 2000
              --------------------------
              David Bannon
              Director

                                       12