SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10 KSB
(Mark One)

[X]  ANNUAL REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE  SECURITIES  EXCHANGE
     ACT OF 1934 [FEE REQUIRED]

     For the fiscal year ended:  September 30, 1997

     OR

[ ]  TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR  15(d)  OF THE  SECURITIES
     EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

     Commission file number: 33 7945 D

                             HAAS NEUVEUX & COMPANY
                             ----------------------
             (Exact name of registrant as specified in its charter)

           Colorado                                             84 1032191
           --------                                             ----------
(State or other jurisdiction of                              (I.R.S. employer
 incorporation or organization)                           identification number)

 1999 Broadway, Ste. 3250, Denver, Colorado                       80202
 ------------------------------------------                       -----
  (Address of principal executive offices)                      (Zip Code)

Registrant's telephone number, including area code:(303) 292 2992

Securities registered pursuant to Section 12(b) of the Act: None

Securities  registered  pursuant to Section  12(g) of the Act:  None Indicate by
check mark whether the registrant (1) has filed all reports required to be filed
by  Section  13 or 15(d)  of the  Securities  Exchange  Act of 1934  during  the
preceding 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 ___

Indicate by check mark if disclosure of delinquent  filers  pursuant to Rule 405
of Regulation S-K is not contained herein and will not be contained, to the best
of  registrant's  knowledge,  in  definitive  proxy  or  information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]

State the aggregate market value of the voting stock held by  non-affiliates  of
the registrant. The aggregate market value shall be computed by reference to the
price at which the stock was sold,  or the average bid and asked  prices of such
stock, as of a specified date within 60 days prior to the date of filing:  As of
the close of trading  on July 2,  1999,  there  were  20,906,058  common  shares
outstanding,  8,911,096 of which were held by non-affiliates.  The bid and asked
price of the  common  stock on this  date  were  $.04  and  $.07,  respectively;
therefore, the aggregate market value of the non-affiliated common shares, as of
this date was approximately $490,110.

Indicate the number of shares outstanding of each of the registrant's classes of
common  stock  as of the  latest  practicable  date:  As of July 2,  there  were
approximately 20,906,058 shares outstanding.

                       DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the documents incorporated by reference and the Part of this Form
10-KSB into which the document is incorporated:
None.

<PAGE>


PART I

Item 1. Description of Business

Haas Neuveux & Company (Company), was incorporated under the laws of Colorado on
May 23,  1986,  under  the  name of  Victor  Capital  Corporation.  The  Company
initially  provided  for its  operations  from the sale of  7,500,000  shares of
restricted, $.0001 par value per share common. The funds raised from the initial
capitalization  were expended in the conduct of an initial public offering which
was conducted  during 1986 and 1987. The public  offering closed on February 25,
1987.

The Company,  on July 2, 1997, agreed to acquire two separate  subsidiaries from
Mr. Harrop, who had agreed to infuse working capital in the amount of $1,200,000
into the Company for the purpose of funding the  operations  of these  entities.
The first  subsidiary owned and was developing land in Uruguay to provide a polo
facility and club surrounded by residential real estate. The second provided for
the import of polo  ponies  from South  America to Europe.  These  acquisitions,
however,  were  rescinded  due to the inability of the  subsidiaries  to provide
audited financial statements.

The  Company,  on December 14,  1998,  agreed to acquire all of the  outstanding
capital  stock of  Productos  Forestales  de Bolivar,  CA (PFB),  a  corporation
organized  and  operating in  Venezuela.  The Company on June 28,  1999,  held a
meeting of the Board of  Directors  at 3:00 PM MDST for the  primary  purpose of
considering  and acting on the failure of PFB to perform under its contract with
the Company (Contract). It was determined that PFB was in material default under
the  Contract;  thus,  the  Contract  was  declared  to be in default by PFB and
rescinded.  The Contract,  in principal  part,  required PFB to deliver  audited
financial  statements  of PFB in  accordance  with,  and within the time  frames
specified  by,  the rules and  regulations  promulgated  by the  Securities  and
Exchange  Commission  under the Securities  Exchange Act of 1934 (Exchange Act).
PFB did not comply with these provisions of the Contract.  Further, the Contract
had numerous other  provisions  which PFB also refused and failed to comply with
even after repeated demands and time extensions  therefor.  The Company sent PFB
formal  notification  of the recision of the  Contract,  including the forthwith
demand of the return of all 78,996,000  shares issued to the  shareholder of PFB
in  anticipation  of  closing  under the  Contract,  absent  the return of which
litigation has been authorized and will be initiated.

The Company on June 25, 1999, held a formal meeting of its Board of Directors at
10:00 AM MDST for the purpose of (1)  confirming  the  resignation of one of the
two remaining  board  members,  (2) appointing two new board members in order to
bring the board  membership to three in number so as to comply with Colorado law
and (3) electing new executive  officers.  The  resignation of Mr. Eric Drizenko
from the board and as an  executive  officer was  accepted  without  reservation
effective the date of his having tendered the  resignation,  that being December
14, 1998. The previously  tendered  resignation of Mr. Harrop as a member of the
board pending closing of the PFB acquisition was withdrawn,  but was accepted as
to his  resignation as an executive  officer  effective the date of the meeting.
The Company then  appointed  two new board  members and a new slate of executive
officers.  The Board of Directors now consists of Messrs.  Michael Harrop, Roger
Tompkins and Charles Tatnall. The executive officers now serving the Company are
(1) Mr. Roger  Tompkins  (Chairman of the Board of  Directors,  Chief  Executive
Officer  and  President)  and (2)  Mr.  Charles  Tatnall  (Chief  Financial  and
Accounting Officer and Treasurer).

The Company is again  pursuing  additional  business  opportunities  in which to
engage.

<PAGE>


Item 2. Description of Properties

The principal  executive  offices of the Company are  presently  located at 1999
Broadway,  Ste.  3250,  Denver,  Colorado  80209.  The telephone  number at this
address is (303) 292 2992.  The Company is  receiving  the use of these  offices
from its legal counsel.

Item 3. Litigation

No material  legal  proceedings to which the Company (or any officer or director
of the Company, or any affiliate or owner of record or beneficially of more than
five percent of the Common Stock,  to  management's  knowledge) is a party or to
which the  property of the  Company is subject is pending  and no such  material
proceeding is known by management  of the Company to be  contemplated,  with the
exception of the  litigation  authorized  to be  instituted  against PFB for the
return of those shares issued for the purpose of acquiring PFB.

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

There were no  meetings of security  holders  during the period  covered by this
report; thus, this item is not applicable.

PART II

Item 5. Market for Common Equity and Related Stockholder Matters

The  Common  Stock is  presently  traded on the  over-the-counter  market and is
listed in the Pink Sheets maintained by the National Quotation Bureau, Inc., and
is listed on the  Bulletin  Board  maintained  by the  National  Association  of
Securities Dealers,  Inc. (NASD) under the symbol HANX. The following table sets
forth the range of high and low bid  quotations for the common stock during each
calendar quarter for the most recent two calendar years,  each of which has been
rounded to the nearest whole cent.

                    HIGH BID    LOW BID
March 31, 1997        0.16       0.01
June 30, 1997         0.05       0.01
September 30, 1997    0.05       0.01
December 31, 1997     0.01       0.01
March 31, 1998        0.50       0.05
June 30, 1998         0.50       0.07
September 30, 1998    0.12       0.07
December 31, 1998     0.25       0.04

The above prices were  obtained  from the  National  Association  of  Securities
Dealers,  Inc. The quotations represent  inter-dealer  quotations without retail
mark-up,  mark-down or  commission,  and may not  necessarily  represent  actual
transactions. On July 2, 1999, the closing inside bid and asked prices quoted on
the  Bulletin  Board for the common stock were $.05 and $.07,  respectively.  On
that date, there were two  broker-dealers in the market.  Outstanding Shares and
Shareholders of Record:  As of July 2, 1999, the transfer ledgers  maintained by
the Company's  stock transfer agent  indicated that there  20,906,058  shares of
common stock issued and outstanding, none of which were restricted. On that date
there were approximately 62 shareholders of record.  Dividends:  The Company has
not declared or paid any  dividends  on its Common  Stock from  inception to the
date of this  report,  although  there are no  restrictions  on the  payment  of
dividends. Further, no dividends are contemplated at any time in the foreseeable
future.

<PAGE>


Item 6. Management's  Discussion and Analysis of Financial Condition and Results
of Operations. The following should be reviewed in connection with the financial
statements and  management's  comments  thereon set forth under this and Item 7,
below.

Liquidity:  The  Company  has not  generated  any cash flows from  operating  or
investing  activities since inception.  Operating  capital was, at inception and
through  1996,  provided  from the proceeds of two initial  fundings  prior to a
public offering and the offering  itself.  In 1987, the Company  received relief
from its debts and the  satisfaction  of all  liabilities in exchange for common
stock.  Subsequently,  the recision of the acquisition of Haas & Cie resulted in
the assumption and subsequent payment on its behalf of all debts claimed against
the Company  through  December 31, 1995.  Finally,  Mr.  Harrop,  through equity
infusions,  provided for the operations of the Company through  December,  1998.
The Company  presently has no source of liquidity or capital assets available to
it,  other  than such loans and  capital  contributions  as may be  subsequently
forthcoming from management,  which is under no obligation in this regards.  The
only  obligation  of the Company at the date of this  report was an  outstanding
accounts payable with its attorney.

Results of Operations: The Company had no operations during the
period covered by this report.

Item 7. Financial Statements

The audited financial  statements and supporting  schedules  required under this
item are set forth in the immediately following pages.

<PAGE>


HALLIBURTON, HUNTER & ASSOCIATES, P.C.
Certified Public Accountants

To the Board of Directors and Shareholders
HAAS NEUVEUX & COMPANY

We have  audited the  accompanying  balance  sheets of HAAS NEUVEUX & COMPANY (a
development  stage  company) as of September 30, 1997 and 1996,  and the related
statements of operations, stockholders' equity, and cash flows for the year then
ended.  These  financial  statements  are the  responsibility  of the  Company's
management.  Our  responsibility  is to express  an  opinion on these  financial
statements based on our audit.

We  conducted  our  audits  in  accordance  with  generally   accepted  auditing
standards. Those standards require that we plan and perform the audits to obtain
reasonable assurance about whether the financial statements are free of material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the  accounting  principles  used and  significant  estimates  made by
management, as well as evaluating the overall financial  statement-presentation.
We believe that our audits provide a reasonable basis for our opinion.

In our  opinion,  based on our audit and the report of the other  auditors,  the
financial statements referred to above present fairly, in all material respects,
the financial  position of HAAS NEUVEUX & COMPANY (a development stage company),
as of September 30, 1997 and 1996,  and the results of its  operations  and cash
flows for the years then ended in conformity with generally accepted  accounting
principles.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 1 to the
financial statements,  the Company has suffered recurring losses from operations
and has a net  capital  deficiency  that  raises  substantial  doubt  about  the
Company's ability to continue as a going concern.  Management's  plans in regard
to these matters are also  described in Note 3. The financial  statements do not
include any adjustments that might result from the outcome of this uncertainty.

/s/ Halliburton, Hunter & Associates, P.C.
------------------------------------------
Halliburton, Hunter & Associates, P.C.

Littleton, Colorado
July 6, 1999

<PAGE>


                             HAAS NEUVEUX & COMPANY
                          (a development stage company)

                                 BALANCE SHEETS


                                                         September 30,
                                                 1997                     1996
                                                 ----                     ----

Total Assets:                                      --                       --
                                              ---------                ---------
                                              $    --                  $    --
                                              =========                =========

Liabilities and
   Stockholders' Equity
Current Liabilities:
  Trade accounts payable                      $  78,500                $    --
                                              ---------                ---------
Total Liabilities                                78,500                     --

Stockholders' Equity:
  Preferred stock,
     par value $.001
     per share;
     10,000,000 shares
     authorized;
     none issued                                   --                       --
  Common stock,
     par value
     $.0001 per share;
     100,000,000 shares
     authorized; 20,906,058 and
    20,504,058 issued as of
    September 30, 1997,
     and September 30, 1996,
     respectively                                 2,090                    2,050
  Additional
     paid in capital                            797,339                  797,339
  Accumulated deficit
    during development stage                   (877,929)

Total stockholders'
      equity (deficit)                             --                       --
                                              ---------                ---------
                                              $    --                  $    --
                                              =========                =========


      See Auditor's report and accompanying Notes to Financial Statements

<PAGE>


                             HAAS NEUVEUX & COMPANY
                          (a development stage company)

                            STATEMENTS OF OPERATIONS


                                                   Years ended September 30,
                                                 1997         1996        1995
                                                 ----         ----        ----

Income                                        $   --          $ --        $ --
General expenses                                78,540          --          --
(Loss) from operations                         (78,540)         --          --
Loss per share                                  (0.004)*        --          --

* Rounded to nearest decimal.



      See Auditor's report and accompanying Notes to Financial Statements


<PAGE>
<TABLE>
<CAPTION>

                                      HAAS NEUVEUX & COMPANY
                                   (a development stage company)

                                STATEMENTS OF STOCKHOLDER'S EQUITY


                                                                         Additional   Retained
                                                                          Paid In     Earnings
                                               Shares        Amount       Capital     (Deficit)  TOTAL
                                               ------        ------       -------     ---------  -----

<S>                                          <C>          <C>            <C>         <C>         <C>
Balance at September 30, 1996 and 1995       20,504,058   $    2,050      797,339     (799,389)   --

Issuance of stock for services                  402,000   $       40         --           --      --

Net loss for year ended September 30, 1997         --           --           --        (78,540)   --

Balance at September 30, 1997                20,906,058   $    2,090      797,339     (877,929)   --




      See Auditor's report and accompanying Notes to Financial Statements

</TABLE>

<PAGE>

                             HAAS NEUVEUX & COMPANY
                          (a development stage company)

                             STATEMENTS OF CASH FLOW


                                                      Years Ended September 30,
                                                      1997      1996      1995
                                                      ----      ----      ----

Operations:
  Net (loss)                                       $(78,540)     $--       $--

Additions not requiring working capital:
  Increase (decrease)
  in accounts payable                                78,500       --        --

Issuance of shares
 for services                                            40       --        --
                                                   --------      -----     -----


Net cash from operations                               --         --        --

Financing:                                             --         --        --
                                                   --------      -----     -----
Net cash from financing                                --         --        --

Net increase (decrease)
    in cash                                            --         --        --

Cash at beginning of period                            --         --        --

Cash at end of period                              $   --         --        --



      See Auditor's report and accompanying Notes to Financial Statements


<PAGE>

                             HAAS NEUVEUX & COMPANY
                          (a development stage company)
                          NOTES TO FINANCIAL STATEMENTS
                               September 30, 1997

1. Organization and Nature of Business:  HAAS NEUVEUX & COMPANY (formerly Victor
Capital Corporation)  (Company) is in the development stage and was formed under
the laws of the State of Colorado on May 23, 1986,  initially for the purpose of
seeking  selected  mergers  or  acquisitions  with a small  number  of  business
entities expected to be private companies, partnerships or sole proprietorships.
The  Company  may seek to acquire a  controlling  interest  in such  entities in
contemplation of later completing an acquisition.  The Company is not limited to
any operation or geographic area in seeking out opportunities.  Since inception,
the primary activity of the Company has been directed to organizational efforts,
obtaining initial financing and seeking merger candidates.

2.  Results  of  Operations:  The  Company  has  had no  operations  during  the
three-year period ended September 30, 1997.

3. Going Concern: Due to lack of operating  experience,  lack of working capital
and lack of a selected  merger or  acquisition  candidate,  there is substantial
doubt of the  company's  ability to establish  itself as a going concern and its
success is dependent upon the Company obtaining sufficient financial to continue
its development  activities and,  ultimately,  to achieve profitable  operations
through a merger or acquisition.

4. Change in Control:  Effective June 30, 1994, Mr. Michael Harrop, on behalf of
an investment group,  purchased  14,931,006 shares of the Company's common stock
resulting in Mr.  Harrop having  controlling  interest.  Mr.  Harrop  thereafter
served as sole executive  officer and director of the Company.  Mr.  Harrop,  on
June 25, 1999,  resigned all positions  with the Company,  with the exception of
his directorship.

5. The Company on June 25, 1999, held a formal meeting of its Board of Directors
at 10:00 AM MDST for the purpose of (1) confirming the resignation of one of the
two remaining  board  members,  (2) appointing two new board members in order to
bring the board  membership to three in number so as to comply with Colorado law
and (3) electing new executive  officers.  The  resignation of Mr. Eric Drizenko
from the board and as an  executive  officer was  accepted  without  reservation
effective the date of his having tendered the  resignation,  that being December
14, 1998. The previously  tendered  resignation of Mr. Harrop as a member of the
board pending closing of an acquisition of Productos  Forestales de Bolivar C.A.
was withdrawn,  but was accepted as to his  resignation as an executive  officer
effective  the date of the  meeting.  The Company then  appointed  two new board
members  and a new  slate of  executive  officers.  The Board of  Directors  now
consists of Messrs.  Michael  Harrop,  Roger  Tompkins and Charles  Tatnal.  The
executive  officers now serving the Company are (1) Mr. Roger Tompkins (Chairman
of the Board of Directors,  Chief  Executive  Officer and President) and (2) Mr.
Charles Tatnal (Chief Financial and Accounting Officer and Treasurer).

Item  8.  Changes  in and  Disagreements  with  Accountants  on  Accounting  and
Financial Disclosure

This item is not applicable to the Company.

<PAGE>


PART III

Item 9. Directors and Executive Officers of the Company

The following table sets forth all current  directors and executive  officers of
the Company, as well as their ages:

   NAME            AGE      POSITION WITH COMPANY
   ----            ---      ---------------------

Roger F. Tompkins  54       Director, President, Chief
                             Executive Officer

Charles Tatnall    35       Director, Chief Financial and
                             Accounting Officer, Treasurer

Michael Harrop     45       Director

* No current director has any arrangement or  understanding  whereby they are or
will be selected as a director or nominee.

Profiles of Directors and Executive  Officers:  Roger F. Tompkins has served the
Company on the board and as an executive  officer  since June 25,  1999.  He has
also served on the board and as an  executive  officer of several  other  public
companies as well. Mr. Tompkins was a director and the sole executive officer of
Power  Capital  Corporation,  a  consulting  firm which,  through a wholly owned
subsidiary,  Concepts Associates,  Inc.,  specialized in mergers,  acquisitions,
corporate  finance and public  relations.  Power Capital is publicly  held,  and
acquired in January of 1996 a business in China which is  developing  a Sheraton
Hotel and adjoining  commercial  complex in the Beijing  metropolitan  area. Mr.
Tompkins  resigned  as an officer  and as a director  of this  entity  after the
acquisition.  Since  August,  1980,  Mr.  Tompkins  has been a  director  and an
executive officer of Concepts  Associates,  which,  until January of 1996, was a
wholly owned  subsidiary  of Power  Capital.  Mr.  Tompkins  purchased  Concepts
Associates  from Power  Capital in  January,  1996,  and is now  conducting  the
previous business of Power Capital through Concepts Associates.  During 1961 and
1962, Mr. Tompkins attended Farleigh Dickenson  University but did not receive a
degree.

Charles Tatnall has served the Company on the board and as an executive  officer
since June 25, 1999.  He has also served on the board of other public  companies
as well. Mr. Tatnall is a private  businessman  who resides  outside  Vancouver,
British Columbia.

Michael  Harrop has served the Company on the board since 1992, and served as an
executive officer from June 30, 1994, until June 25, 1999. He has also served on
the board of other public companies as well. Mr. Harrop is a private businessman
who resides outside Geneva,  Switzerland. He graduated from Cambridge University
in the United Kingdom with a degree in philosophy in  1966.Marketing of advanced
products.

No current  director has any  arrangement or  understanding  whereby they are or
will be selected as a director or as an executive  officer.  All directors  will
hold  office  until the next  annual  meeting of  shareholders  and until  their
successors  have been duly elected and qualified,  unless and until they earlier
resign or are removed from  office.  The  executive  officers of the Company are
elected by the Board of Directors at its annual  meeting  immediately  following
the shareholders'  annual meeting. The Company does not have any standing audit,
nominating  or  compensation  committee,  or any  committee  performing  similar
functions.

<PAGE>


Item 10. Executive Compensation

No cash  compensation has been paid since inception to the Board of Directors or
executive  officers  of the  Company in their  capacities  as such,  and none is
anticipated to be paid at any time in the immediate future.

Item 11. Security Ownership of Management and Certain Others

Based on  information  which has been made available to the Company by its stock
transfer  agent,  the following table sets forth, as of July 2, 1999, the shares
of common  stock owned by each current  director,  by  directors  and  executive
officers as a group and by each person  known by the Company to own more than 5%
of the outstanding Common Stock:

                     Name and Address of        Number        Percent
Title of Class        Beneficial Owner         of Shares     of Class(1)
--------------        ----------------         ---------     -----------

Common Stock           Michael Harrop          11,994,962      57.38%

Directors and Executive Officers
  as a Group (three in number):                11,994,962      57.38%


(1) Based on 20,906,058 shares of common stock issued and outstanding on July 2,
1999.

Item 12. Certain Transactions

No disclosure is required under this item.


PART IV

Item 13. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.

The following documents and reports have been filed as a part of this report:
1.   Financial Statements:
     (a)  Report of Independent Certified Public Accountants;
     (b)  Balance Sheets
     (c)  Statement of Operations
     (d)  Statement of Stockholders' Equity
     (e)  Notes to Financial Statements
2.   Financial Statement Schedules: None.
3.   Exhibits required by Item 601: None.
4.   Reports on Form 8-K: None.

<PAGE>


SIGNATURES:  Pursuant  to  the  requirements  of  Section  13 or  15(d)  of  the
Securities  Exchange Act of 1934,  the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

HAAS NEUVEUX & COMPANY

Date: July 7, 1999


By: /s/ Roger F. Tompkins,
--------------------------
Roger F. Tompkins, President, Chief Executive Officer

Date: July 7, 1999

By: /s/ Charles Tatnall
-----------------------
Charles Tatnall, Chief Financial and Account Officer, Treasurer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following  persons on behalf of the  registrant and
in the capacities and on the dates indicated.

Date: July 7, 1999

By: /s/ Roger F. Tompkins
-------------------------
Roger F. Tompkins, Director

Date: July 7, 1999

By: /s/ Charles Tatnall
-----------------------
Charles Tatnall, Director

Date: July 7, 1999

By: /s/ Michael Harrop
----------------------
Michael Harrop, Director