U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-QSB

(x) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR THE
QUARTERLY PERIOD ENDED
March 31, 2001

OR

( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Commission File No. 0-27454
-----

          WORLD WIDE MOTION PICTURES CORPORATION
          (Name of small business issuer in its charter)

            MICHIGAN                             33-0081215
(State or other jurisdiction                  (I.R.S. Employer
incorporation or organization)                Identification No.)

2120 MAIN STREET, SUITE 180, HUNTINGTON BEACH, CA 92648
(Address of principal executive offices)  (Zip Code)

(714) 960-7264
(Issuer's telephone number)

          Indicate by check mark whether the registrant (1) filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 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 [ ]


          Indicate the number of shares outstanding of each of the
Issuer's classes of common stock as of the latest practical date:
49,518,652 shares of Common Stock (par value $.001 per share)
outstanding on March 31, 2001.

Part I.  Financial Information
Item 1.  Financial Statements
<TABLE>
Consolidated Balance Sheets
<CAPTION>
WORLD WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
As of March 31, 2001 and December 31, 2000

                                                                           March 31,        Dec 31,
                                                                              2001             2000
                                                                         (Unaudited)        (Audited)
                                                                              ---------             --------
ASSETS
<S>                                                                            <C>                   <C>
Cash                                                                    93,172              109,348
Accounts receivable                                           254,122              254,122
Completed motion pictures/
television productions                                   10,493,549           10,493,549
Film properties (screenplays/teleplays)            1,735,467            1,735,467
Equipment                                                           49,937                 49,937
Other assets                                                              - 0 -                    - 0 -
Less accumulated depreciation                     (1,763,764)          (1,762,376)
                    Total Assets                          $ 10,862,483        $10,880,047

LIABILITIES
Accounts payable                                               21,907                 15,811
Common Stock payable                                          104                      164
Preferred Stock payable                                            50                      350
Notes payable                                                     16,300                 16,300
          Total Liabilities                                         38,361                 32,625

STOCKHOLDERS' EQUITY
Common Stock $.001 Par Value,
100,000,000 shares authorized,
49,518,652 and 49,794,152 shares issued           49,518                 49,794
Preferred Stock $.01 Par Value,
1,100,000 shares authorized,
186,217 and 156,217 shares issued                      1,862                   1,562
Additional paid-in capital                             20,688,532          20,697,439
Retained earnings deficit                              (9,915,790)          (9,901,373)
   Total Stockholders' Equity                       10,824,122           10,847,422

TOTAL LIABILITIES
AND STOCKHOLDERS' EQUITY         $10,862,483         $10,880,047
<FN>
<F1>
The accompanying Notes to December 31, 2000 Consolidated
Financial Statements are an integral part of these Financial
Statements.
</FN>
</TABLE>

<TABLE>
Consolidated Statements of Income
<CAPTION>
WORLD WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
For the Three Months Ended March 31, 2001 and 2000
(Unaudited)

                                                         Three months ended
                                                                March 31,
                                                             -------------------

                                                        2001               2000

                                                         ----                  ----
<S>                                                    <C>                 <C>
Revenues                                  $  35,467            $         0

Operating expenses:
     Depreciation                             1,388                 1,388
     Administrative                          8,556                 9,393
     Film reproduction
      and marketing                        39,940                       0

Total operating expense           $  49,884            $ 10,781

          Net income (loss)          $ (14,417)	     $(10,781)

 Earnings available to
  common stockholders                  None             None

Earnings per common share,
assuming full dilution                     None             None
<FN>
<F1>
The accompanying Notes to December 31, 2000 Consolidated
Financial Statements are an integral part of these Financial Statements.
</FN>
</TABLE>
<TABLE>
Consolidated Statement of Cash Flows
<CAPTION>
WORLD WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF CASH FLOWS
For the Three-Months Ended March 31, 2001 and 2000
(Unaudited)
                                                                  Three months ended
                                                                           March 31,
                                                                       -------------------
                                                                      2001                 2000
                                                                        ----                  ----
<S>                                                                      <C>               <C>
Cash flows from operating activities:
  Net Income (loss)                                       $ (14,417)        $(10,781)

Adjustments to reconcile net income
(loss) to net cash provided by or used
in operating activities:
Capital project investment                               39,940                378

Depreciation                                                     1,388              1,388

Changes in assets and liabilities:
  (Increase) Decrease in accounts receivable           -0-                 -0-
  Increase (Decrease) in accounts payable           6,096              (189)

Net cash provided by (used in) operating
activities:                                                          33,007            (9,204)

Financing Activities:
  Proceeds from issuance of stock                    (9,243)            41,100
  Capital Project Investment                           (39,940)

Net increase/decrease in cash                        (16,176)            31,896

Cash balances - beginning of period              109,348             46,639
                         as of January 1, 2001

Cash balances - end of period
                         as of March 31, 2001        $  93,172          $ 78,535
<FN>
<F1>
The accompanying Notes to December 31, 2000 Consolidated
Financial Statements are an integral part of these financial
statements.
<F2>
During the first quarter ending March 31, 2001, 664,500 common
shares and 30,000 preferred shares were issued for product and
services provided by or provided to the Company.
</FN>
</TABLE


</TABLE>
<TABLE>
Consolidated Statement of Stockholders' Equity
<CAPTION>
WORLD WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
For the Three Month Period Ended March 31, 2001
(Unaudited)

                      Number of Outstanding                               Additional        Retained
                                     Shares                        Par                 Paid-In        Earnings
                       Common         Preferred        Amount            Capital         (Deficit)       Total
                         --------              -----               ---        -----------          ---------          -----
<S>                      <C>                <C>              <C>               <C>             <C>               <C>
Balances
Dec. 31,
2000             49,794,152         156,217      51,356     20,672,439    (9,901,373)   10,847,422

Stock Issued
March 31, 2001
Cash              60,000
Services       664,500
Product                                    30,000

Net Profit/Loss                                                                                  (14,417)

3 mos. Ended
  Balances,
   March 31,
     2001      49,518,652         186,217      51,380     20,688,532       (9,915,790)   10,824,122
<FN>
<F1>
The accompanying Notes to December 31, 2000 Consolidated
Financial Statements are an integral part of these financial statements.
</FN>
</TABLE>

WORLD WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(To be read in conjunction with Consolidated Financial
Statements for year ended December 2000)

NOTE 1	DESCRIPTION AND HISTORY OF THE BUSINESS

The Company was founded in July 1977 and incorporated December 9,
1980 under the laws of the state of Michigan.  In March 1981, the
Company acquired G.L. Productions Inc. which  was a production and
distribution company for short subjects, docudramas, documentaries
and industrial films, many of which were made in conjunction with
the U.S. Government.  As a result of the transaction, the Company
acquired a film and television completed product library and
related film production equipment.  The transaction was facilitated
by the exchange of two million (2,000,000) shares of the Company's
common stock class of securities for 100% of the common stock of
G.L. Productions Inc. The Company has also acquired other completed
motion picture and television productions and acquired
marketing/distribution interest in additional motion picture and
television productions. The Company's total completed product
library of live action motion pictures and videotaped productions
consists of 290 works of various lengths and subject matter
applicable for marketing through various media in foreign and/or
domestic markets.

In November 1983 the Company merged with the National Power
Corporation, a publicly-held corporation.  The National Power
Corporation's common stock class of securities was traded on the
over-the-counter market with registered broker/dealers throughout
the United States making a market in its stock.  The merger process
resulted in a change in the Company's number of shares issued,
outstanding, and authorized and a change in par value.

The Company operates and/or maintains nine wholly-owned
subsidiaries, four of which are currently active, to enhance the
operation of its core business and diversified enterprises. The
Company has an active Board of Directors which currently consists
of nineteen members of the twenty authorized, with staggered terms,
all of whom are either a chairperson or a member of one or more of
the four Board designated committees: executive, finance, audit,
and personnel.

The Company also maintains four operating committees which are
production and product development, special projects, minorities,
and standards.

NOTE 2 	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

These consolidated financial statements include the accounts of the
Company and its wholly-owned subsidiaries.  It is the opinion of
management that the accompanying statements and notes thereto
present fairly the financial position of the Company and do not
contain misleading information.  Because the commercial potential
of individual motion pictures and television programming varies
dramatically, and does not bear any relationship to their
production, acquisition or marketing costs, it is impossible to
predict or project a trend of the Company's income or loss.
However, the likelihood of the Company reporting losses in the
short term is increased by the industry's general method of
accounting which requires the early recognition of the entire loss
(through increased amortization) in instances where a motion
picture or television program produced or acquired is not expected
to recover the Company's investment.  On the other hand, the profit
from a successful film or television production is recognized over
the entire period that revenues are generated by that motion
picture or television program.  This method of accounting may also
result in significant fluctuations in reported income or loss,
particularly on a quarterly basis, depending on the Company's
release of product into the marketplace and overall
domestic/international marketing schedule and the performance of
individual motion pictures or television programs.

The Company's revenue is derived from a variety of sources.
Currently the most significant of these sources are its fees as
distributor, packager and/or the managing production company of
various film and television projects (including feature length
motion pictures, documentaries, docudramas, and television
productions), film and television marketing & distribution fees,
fees from the licensing and/or rental of its completed film and
television product library and related entertainment industry
consultation fees.


A significant portion of the Company's assets was purchased with
the issuance of shares of its common and preferred stock.  Ten
million four hundred ninety three thousand, five hundred forty nine
dollars ($10,493,549) of the assets is represented by the Net
Realizable Value (prior to depreciation and write-downs) of its
completed film and television product library.  In the absence of a
consistent market for the securities issued, the value of the film
and television product purchased by the Company was agreed to by
the sellers and the purchaser in arms length transactions in
accordance with generally accepted accounting standards and,
additionally, internal evaluation and auditing procedures. The
films and television productions in the Company's completed product
library have uncertain future revenues that may be expected to grow
or diminish along with all of the ancillary markets now and in the
future that are available for marketing.  In some cases, individual
films or television productions may be timeless and irreplaceable;
in many cases their book value is zero having been fully amortized
based on revenues received several years ago and the inability to
estimate a market value or reasonable expected revenue.   Certain
of the inventory product without book value produce income and, in
light of new and emerging technology, the Company expects
additional revenue from these sources.

The Company's film and television completed product library
consists of newly produced and historical film and videotaped
product and rights thereto purchased as an investment and/or to be
marketed by leasing and/or rental to a wide variety of domestic and
international outlets.  Many film and television libraries such as
the Company's that were purchased for investment over a span of
many years, have appreciated considerably in value as a direct
result of new and emerging technologies, revived or newly created
public appeal for a certain performer or genre, unique applications
of particular production process (special digital effects) and
standard and newly developed non-theatrical ancillary markets
throughout the world.  New technological advances such as DVD
(Digital Video Disk), HDTV (High Definition Television), CD-ROM,
DVD ROM, DVD Audio and Internet applications have enhanced and are
greatly expanding resale and leasing potential of film or
television product.

The film and television product inventory of the Company is
regularly reviewed and evaluated on a film-by-film basis by the
Company's management and periodicaly appraised by outside
independent appraisal.  Forecasting any film or television
project's future revenues is a difficult and uncertain art, even
for major film distributors and television syndicators.  The
accounting principles and industry practices in these areas leave
unusual discretion with the film and/or television company
executives and often result in "unusual" changes in individual
periods. There is no generally accepted definitive industry
consensus for valuing motion picture and television inventory, the
value may be buried among films currently in release, television
productions currently in broadcast, film and television productions
under development or in production, distribution/syndication
contracts, participation agreements, performer and production
related contracts, and the ubiquitous 'other'.  FASB Statement of
Financial Accounting Standards No. 53, paragraph entitled
"Inventory Valuation" states "16. Unamortized production and
exploitation costs shall be compared with 'net realizable value'
for each reporting period on a film-by-film basis;" and in the
paragraph entitled "Net Realizable Value" it states, "Net
Realizable Value" is the estimated selling price (rental value) in
the ordinary course of business less estimated cost to complete and
exploit in a manner consistent with realization of that income".
The accounting profession is currently reviewing the problem of how
to fairly report film inventory on financial statements. Since the
FASB guidelines do not apply directly to the Company's particular
situation, in an effort to conform as closely as possible to the
guidelines and in accordance with management's recent receipt of
commentary from the Securities and Exchange Commission, the Company
has revalued its inventory of film and television product,
resulting in a reduction of net realizable value of four million
and ninety one thousand nine hundred and fifty dollars ($4,091,950)
in the stated value of such inventory on the December 31, 1997
balance sheet. In 1998, management for a second time revalued its
inventory based on management's recent receipt of commentary from
the Securities and Exchange Commission, with an additional
appraisal of potential resale value, encompassing worthiness of the
inventory items as works of art, and potential licensing
capabilities, resulting in an additional reduction of $3,868,380 in
the stated value of the net realizable value of such inventory at
December 31, 1998.  The results of the reevaluations effectuated in
1997 and 1998 resulted in a substantial reduction in book value of
approximately 51% for those items over these two years.  The 1997
revaluation and resulting reduction in value combined with the 1998
revaluation and its resulting reduction and value lowered the
balance sheet presentation of the asset identified as 'completed
motion pictures and television products'.  Also, a depreciation
policy has been adopted to amortize the film and television
inventory over a 10-year period. The Company has instituted a
maximum 10-year depreciation schedule which will result in the
amortization of 33-1/3% of the film and television product
inventory to be marketed over the next three years.  Although the
Company has on its Board of Directors and professional staff
personnel qualified to estimate the value of its film and
television inventory, for internal verification purposes, it
retained the services of an independent appraiser who reviewed the
Company's film and television completed product library, ensuring a
greater measure of objectivity as regards the carrying amount of
such inventory on the Company's December 31, 1999 balance sheet.
Generally Accepted Accounting Principles (GAAP) Release 62, June
2000, summarizes a proposed replacement for SFAS53.  The proposed
changes would not materially affect the Company's financial
statements at this time.

The Company is continually negotiating with various potential
lessors, both foreign and domestic, of portions of its film and
television product library.  The Company currently utilizes certain
state-of-the-art exploitation  venues such as Pay-Per-View,
satellite transmission, and the Internet to expose its catalog of
library product to the public.  Full marketing of the Company's
investment in its film and television product inventory is
dependent on the acquisition of additional capital.  The Company
depreciates each film or television program starting with its
specific marketing by the Company.

The Company presents an 'unclassified' balance sheet.  Cash
includes cash on deposit in checking and savings accounts with no
cash equivalents at December 31, 2000 and 1999.
The Company reviews the current pronouncements of the accounting,
government and industry professionals.  In that regard, it
continually analyzes its accounting policies to ensure that it is
current in the presentation of its financial statements,
particularly FASB Statement No. 53, GAAP Release No. 62, referred
to above, and No. 86, 89 and 121, and the Emerging Issues Task
Force No. 96-6, regarding development costs incurred after May 26,
1996, and the possible substantial impairment of assets.  The
Company believes it is not materially affected by any current
issues at this time.

NOTE 3	PRIOR PERIOD ADJUSTMENT

The Accumulated Deficit was increased by $199,500 representing
payments of common lettered (Rule 144 Restricted) stock of the
Company and stock for services in prior periods.

NOTE 4

In the year 2001, the Company expects to effect a substantial
"restructuring" which will materially affect the financial
statements essentially depreciation methodology, reduction of
accumulated deficit, reduction in shares outstanding and
revaluation of assets.

NOTE 5  	EARNINGS PER SHARE

As a result of a net loss from operations for years ended December
31, 1999 and 2000, there are no earnings per Common share for such
periods.  As a result of such net losses, there are no fully
diluted earnings per Common share after potential conversion of all
convertible Preferred shares.

NOTE 6 	TAXES

The Company presents its accounting statements on an accrual basis.
 Certain state and local tax filings may differ from the federal
returns to take advantage of beneficial local tax law.  As of
December 31, 2000, the Company and its subsidiaries have sustained
a cumulative net operating loss which can be offset against future
taxable income.  As a result of recorded net operating losses, the
Company has not recognized any state and federal income tax
liability.  The Company does not use or expect to utilize the
accelerated depreciation option available under the U.S. Tax Code.

NOTE 7	LEGAL PROCEEDINGS

There are no material pending legal proceedings to which the
Company is a party or to which any of its assets are subject.
However, the Company is currently in ongoing negotiations for the
reimbursement of lost material which consists of eight 1" and/or
3/4" and/or digital betacam videotape and 35mm film submaster
copies of feature length motion picture and television productions,
owned or controlled by the Company, which were maintained at a post
production film and video facility.  The Company's attorneys are
preparing litigation and related processes relative to the lost
material in the event the results of the negotiations are
unsatisfactory.  In this regard, the Company is seeking damages in
the amount of three hundred ninety seven thousand five hundred
dollars ($397,500) for the loss of its "stored material".  Further,
the co-producers with the Company pertaining to a feature length
film, commenced litigation to attempt to dissolve the co-production
agreement which exists between the Co-Producer and the Company
relative to the production processes of that feature length film.
The Company's management and attorneys believed the lawsuit to be
groundless and therefore, defended the action on that basis.  The
matter ultimately resulted in a favorable settlement for the
Company, requiring the plaintiffs to pay all expenses of
litigation.  Further, the Company's attorneys are preparing
litigation and related processes to recover funds due and belonging
to the Company, which were misappropriated by sub-agents of the
Company.

Although no other litigation is contemplated or forseeable, various
legal actions, governmental investigations and proceedings and
claims may be instituted or asserted in the future by the Company
to protect its interest or against the Company and/or its
subsidiaries including those arising out of alleged deficiencies in
the Company's products; governmental or industry regulations
relating to safety, financial services; employment-related matters;
distributor, exhibitor, co-producer, vendor, supplier, or other
contractual relationships; intellectual property rights; product
warranties and environmental matters.  Some of the foregoing
matters involve or may involve compensatory, punitive or anti-trust
or other treble damage claims in varying amounts, environmental
remediation programs, sanctions or other relief which, if granted,
would require varying expenditures.

Litigation is subject to many uncertainties, and the outcome of
individual litigated matters is not predictable with assurance.
The Company does not reasonably expect, based on its analysis, that
any adverse outcome from such matters would have a material effect
on future consolidated financial statements for a particular year,
although such an outcome is possible.

NOTE 8 	SUMMARY OF CORPORATE SECURITIES MATTERS AND
		STOCK ISSUANCE

At December 31, 2000, all general voting power was vested in the
holders of the common stock class of securities of the Company.  At
that date, the holders of common stock were entitled to one vote
per share and in that aggregate, had 100% of the general voting
power provided in the Company's Restated Certificate of
Incorporation.  The Restated Certificate of Incorporation provides
that all shares of common stock share equally in dividends (other
than dividends declared with respect to any outstanding preferred
stock), except that any stock dividends are payable in shares of
common stock to holders of that class of securities.  Upon
liquidation, all shares of common stock are entitled to share
equally in the assets of the Company available for distribution to
the holders of such shares.  The preferred stock class of
securities of the Company ranks (and any other oustanding preferred
stock of the company would rank) senior to the common stock in
respect of dividends and liquidation rights.

Since November 1983, the Company's shares of Common Stock have
traded on the OTC (Over-the-Counter) market and is currently a
Fully Reporting publicly-held corporation.  The Company's NQB
(National Quotations Bureau) call symbol is WWMP and its Standard &
Poors Cusip no. is 981536 10 5.  The Company has advised its
stockholders and the public that it expects to apply for NASDAQ
quotation and/or quotations on other primary and/or secondary
exchanges as soon as practical. The Company is quoted on the OTC
(Over-The-Counter) Electronic Bulletin Board.

The following illustrates the Company's common and preferred
stock authorized, issued, and outstanding at December 31, 2000.


Common Stock:
Par Value	                                    $ .001
Shares Authorized                     100,000,000
Shares Issued and Outstanding    49,764,152

Preferred Stock:
Par Value (Stated Value .01)            $ 10.00
Shares Authorized                           100,000
Shares Issued And Outstanding         22,000

Par Value                                             $ .01
Shares Authorized                        1,000,000
Shares Issued And Outstanding       159,217

NOTE 9	SUMMARY OF SUBSIDIARIES

The Company operates and/or maintains 9 wholly-owned
subsidiaries.  Certain of these subsidiary corporations are used
to produce and/or market individual motion pictures or television
productions.  Currently, three of the motion picture production
subsidiary corporations are active.  World Wide Productions,
Inc., for the purpose of producing the specialty television
production tentatively entitled 'Classic Car' (in production) and
the feature length motion picture tentatively entitled "Along for
the Ride" (in development); World Wide Entertainment, Inc., for
the purpose of distributing the completed full length motion
picture entitled "Amy", and producing the feature length motion
picture tentatively entitled "Mr. Corklesby" (in development);
and World Wide Films Inc., which has recently completed the
production of the feature length motion picture entitled
"Shattered Illusions" (in distribution). The Company operates one
diversified subsidiary which is related to the Company's core
industry, World Wide Film and Television Institute, Inc.  The
Institute's business is the development, production, marketing,
and implementation of educational symposiums, workshops, lectures
and forums in areas covering the entertainment industry,
specifically film and television financing, packaging,
production, marketing/distribution, and the networking process
that accompanies the entertainment business.  Revenue is created
primarily from the sale of tickets to these events.  Primary
symposiums are designed to be held annually and to accommodate
250 - 1000 people per event.  Workshops are designed to be held
in between the primary symposiums and to accommodate a maximum of
15 individuals.  The symposium and workshop events are further
designed to be duplicated in major cities around the country when
and if appropriate.

NOTE 10	SUMMARY OF STOCK OPTIONS, EMPLOYMENT CONTRACTS,
		ASSOCIATES, POTENTIAL DILUTION,  CONTINGENT
		LIABILITY AND ACCRUED PROFESSIONAL FEES

The Company has provisions for the issuance of options to
purchase shares of its Common Lettered Stock and certain of its
Preferred Stock now issued has conversion provisions wherein the
holder may convert his/her Preferred shares to Common Lettered
Stock under certain conditions.  There are one hundred and fifty
six thousand two hundred seventeen (156,217) shares of Preferred
Stock outstanding that is potentially convertible to shares of
Common, dependent upon the market price of the Common Stock as
determined by one or more exchanges.   (See table below for
potential conversion of Preferred Stock to Common Stock.)  The
Company, from time to time, has entered into agreements to issue
its Common Lettered Stock for certain goods and services and
arrangements beneficial to the ongoing activities of the Company.
 Further, various employee contracts, non-exclusive associates
agreements, and service or purchase contracts contain provisions
for stock issuance.  The Company expects to continue to enter
into such agreements subject to all applicable securities law.
The potential contingent dilution from the issuance of the above
Common Stock for these purposes is nine million four hundred and
ninety eight thousand three hundred forty (9,498,340) shares.  At
December 31, 2000, the Company had an unpaid contingent salary
liability to its President and Chief Executive Officer, Paul D.
Hancock.  Mr. Hancock has waived accumulated back salary of three
million eighty thousand dollars ($3,080,000).  However, the
corporation will approve either the issuance of Preferred and/or
Common Stock or stock options as compensation therefor. Payment
of accrued and previously expensed professional fees of two
hundred and sixty nine thousand one hundred ninety one dollars
($269,191) (including legal, accounting and financial advisory
services) have been waived by the providers of those services,
who are also stockholders, and accounted for as contributed
capital.
<TABLE>
OUTSTANDING CONVERSION RATIO FROM PREFERRED TO COMMON:
<CAPTION>
					           Preferred Stock
   			               Price per Share Conversion  Common
				                   ----------------------

                         Par    No. of     Conversion    Market       Shares
Series            Value    Shares      Ratio*             Price     After Exchange
-------            -------       ------        -------          -------        -------
<S>                 <C>       <C>          <C>             <C>              <C>
A                $10.00    20,000         1x1          $10.00           20,000
B                      .01         717        1x20           10.00           14,340
C                      .01      1,000        1x20             3.00           20,000
D&E                 .01    26,000       1x20              5.00         520,000
F&G                 .01    51,000         1x2              5.00         102,000
H&I                  .01    15,000       1x10              5.00         150,000
J                       .01       7,500      1x20                .10         150,000
K                      .01     10,000       -0-                    -0-               -0-
L                      .01      25,000       -0-                   -0-               -0-
           Totals             156,217                                          976,340

* Preferred to Common
</TABLE>

NOTE 11	COMMON STOCK RESTRUCTURING

Pursuant to recent shareholder action (Annual Shareholder's Meeting
of December 8, 2000) to approve management recommendations, on
March 24, 1998, the corporation's Board of Directors adopted
resolutions for the possibility of (a) 'to amend Article 3 of the
Articles of Incorporation of the Company to add Section (12)
stating that "the Board of Directors may effect a stock combination
restructuring (reverse stock split) of the Corporation's
outstanding shares of Common Stock class of securities if the Board
of Directors in their sole judgment believe such restructuring is
in the best interest of the Corporation' and (b) 'file the
foregoing amendment with the State of Michigan Securities Bureau,
the Company's state of incorporation, to restate the Company's
certificate of incorporation.'   This action, if taken by the
Company's Board of Directors, would  amend the Company's Restated
Certificate of Incorporation and Articles of Incorporation (the
"Amendment") to: (i) effect a stock combination restructuring
(reverse stock split) of the Company's outstanding shares of the
Common Stock class of securities (the 'Reverse Split'), and (ii) to
provide for the payment of cash in lieu of fractional shares
otherwise issuable in connection therewith.  In this regard, the
Reverse Split, if effected, will not change the number of the
Company's authorized shares of Common Stock or the par value of the
Common Stock.

NOTE 12	NOTE RECEIVABLE, NOTE PAYABLE, LETTERS OF CREDIT,
      	LINES OF CREDIT, PROMISSORY NOTE

The Company has a note payable in the amount of sixteen thousand
three hundred dollars ($16,300).  The note holder holding the note
payable has agreed to waive payment until such time that the
Company has sufficient working capital to accomplish its
objectives.

The Company was issued a standby irrevocable Letter of Credit from
the Huntington Bank, Cleveland, Ohio (now Society Bank), in the
amount of fifty thousand dollars ($50,000) to serve as a secondary
standby line of credit.  The terms of the Huntington Bank Letter of
Credit required that, if utilized, the Company would pledge as
collateral a portion of its film and television product library.
If the Letter of Credit were exercised, the resultant loan would be
secured by a commensurate portion of the Company's film and
television product library.  The Huntington Bank terms also
provided that the Company would continue to be able to sell or
lease any portion of the product library as long as it retained
sufficient material to secure any loans made as a result of the
Letter of Credit.

The Company currently utilizes a seventy thousand dollars ($70,000)
primary line of credit with the Wells Fargo Bank of California to
accommodate its daily cash flow needs and occasionally uses its
credit lines at other financial institutions and with its vendors
and suppliers.

NOTE 13	YEAR 2000 ISSUE

Many currently installed computer systems and software products may
be coded to accept only two-digit entries in the date code field
and now that the Year 2000 has commenced, these code fields need to
accept four digit entries to distinguish years beginning with "19"
from those beginning with "20." As a result, computer systems
and/or software products used by many companies have been upgraded
to comply with such Year 2000 requirements.  Our Year 2000 Project
(the "Project") was substantially complete by the end of fiscal
1999. The scope and content of the Project included: assessing the
ability of computer programs and embedded computer chips to
distinguish between the year 1900 and the year 2000;  conducting a
review of our information technology ("IT") and non-IT systems to
identify those areas that could be affected by Year 2000 issues;
developing a comprehensive, risk-based plan to address IT and non-
IT systems and products, as well as dependencies on our business
partners; completing an inventory and risk-assessment of our
computer systems and related technology, and developing and
carrying out the testing and remediation process.  As part of the
remediation process, in fiscal 1999 we successfully conducted
testing of all IT and non-IT systems within our PC-based network.

The total cost for ensuring Year 2000 compliance was not material
to our financial position. To date, no significant Year 2000
problems have occurred, and the Year 2000 problem will not pose
significant operational issues for our operations in the future.
However, we cannot accurately predict a "worst case scenario" with
regard to our Year 2000 issues.We understand we may encounter
difficulties interfacing or interconnecting with third party
systems, whether or not those systems claim to be "compliant," and
therefore have completed an inventory and risk assessment of our
outside vendors and have identified those key vendors that
represent a significant risk. Part of our preparation included
preparing contingency plans in the event of non-compliance by those
vendors. Overall, we believe Year 2000 risks with key vendors and
suppliers are low because many are small manufacturers with
relatively simple business systems, however, we cannot guarantee
that the systems of those vendors and suppliers, or other companies
on which we rely,will be Year 2000 compliant. Failure by another
company to convert their systems to be Year 2000 compliant could
require us to incur unanticipated expenses to remedy problems,
which could have a material adverse effect on our business,
operating results and financial condition. To date, none of our key
vendors have had significant Year 2000 problems which have impacted
our operations.

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

Management's discussion and analysis of financial condition and
results of operation should be read in conjunction with the
consolidated financial statements and related notes.

RESULTS OF OPERATIONS

The Company's revenue for the three months ending March 31, 2001
was $35,467 as compared to $0 for the comparable period of 2000.
The three month period ending March 31, 2001 net loss prior to
depreciation expense was $13,040, and net loss before depreciation
for the comparable period ending 2000 of $9,393, and after
allowance for depreciation the net loss for March 2001 was $14,417
and $10,781 for 2000.  For the three months ending March 31, 2001,
expenses for the Company's development, production and distribution
operations and its miscellaneous operations totaled $39,940
compared to $9,393 for the comparable period of 2000. The increase
in operating expenses of March 31, 2001 was primarily attributable
to the marketing and distribution of the feature length film
entitled "Amy". The increase in revenue attributable to the quarter 2001
is due to increased revenue pursuant to the temporarily limited
exploitation of the film projects "Ninth Street" and "Shattered
Illusions" and "Amy". The revenue and expenses of the Company are highly
erratic due to the nature of the industry; therefore, comparison
between time periods are not greatly significant.
There were no resultant per share earnings to
common stockholders in March 31, 2001 and March 31, 2000. The
Company derives its revenues from the licensing of its newly
created film and television productions, the licensing of its
inventory of previously produced films or television productions
and fees received for professional services provided to the
industry.  The Company also receives revenue for the marketing and
distribution of product produced or owned by 3rd party producers
and production companies. The generation of revenue in the motion
picture and television industry is highly competitive which may
have a material impact on the Company's financial statements.





<TABLE>
The following table presents operations data and selected
statistical information for the periods indicated.
<CAPTION>
                                                                            Three
                                                             Months Ended March 31,
                                                                    2001              2000
                                                                     ----                ----
<S>                                                              <C>                <C>
Revenues                                             $ 35,467         $         0
Costs and Expenses
          Operating &
          Administration expenses               48,496                9,393
          Depreciation                                   1,388               1,388

Income (Loss)                                     $(14,417)        $ (10,781)
</TABLE>

The Company has presented a consolidated balance sheet which
includes five wholly-owned active subsidiaries: World Wide Films
Inc., World Wide Productions Inc., World Wide Film & Television
Institute, World Wide Entertainment Inc. and Environmental Services
Corporation. The Company's charter allows it to branch into
diversified fields of enterprise provided management concludes
there is a significant potential for profit. It is the decision of
management to continue the major portion of the Company's
operations in the motion picture and television industry, but since
the primary business objective of the Company is to increase the
value of its stockholders' equity, if and when opportunities arise
to make profits for the corporation in a diversified industry, the
Company shall investigate and if appropriate, pursue such
opportunities. The motion picture and television segment of the
Company's current or planned operations is the only segment
material to the Company's financial statements or condition.

The Company's motion picture and television participation strategy
has been to expend its resources and to set in place relationships
and contracts in preparation for the continued development,
acquisitions, production and/or marketing/distribution of quality
moderate budget feature length motion pictures, documentaries,
docudramas and television productions. The strategy additionally
includes the acquisition of screenplays and teleplays suitable for
development/packaging and completed motion pictures and television
projects for licensing and marketing/distribution opportunities for
all applicable sales territories throughout the world.  At such
time that the above-referred to additional working capital is
secured, it is the Company's opinion that substantial revenue will
be generated by the existing film and television library and future
distribution of potential new product, ultimately realizing its
projected return on investment. Arrangements for participation by
the Company in various feature film and television productions for
the last 24-month period include gross and net revenue
participations in the following feature film and television
production ranging between 2-60% of worldwide revenue potential
including all markets and all media that the particular production
is distributed in.(1) In 1997, post production and distribution of
the documentary entitled THE OUTLAW TRAIL, 100 YEARS REVISITED, in
association with Western Sunset Films, an 8-year old Los Angeles
based documentary production company. (2) In 1998, development and
production of the television production entitled CLASSIC CAR, in
association with SLIM, Inc., a 4-year old Los Angeles based
television production company.  Other arrangements include
marketing and distribution of a feature length film acquired by the
Company entitled CITIZEN SOLDIER originally produced by M&D
Productions, a 7-year old Los Angeles based film production
company, purchased by the Company in 1995 and providing a 60% gross
revenue participation to the Company in perpetuity. Also, in 1995,
the Company purchased thirty-seven feature film submaster
(videotape) prints from Stanley Pappas providing 20% of any gross
revenue of the product in perpetuity, and the television production
series entitled TIPS FOR BETTER HEALTH and MARKET PLACES OF THE
WORLD, both owned and produced by Pacific Pictures Inc., a 9-year
old Los Angeles based film and television production company, and
providing 5% gross revenue co-production participation to the
Company in perpetuity. Additionally in 1995, the Company licensed
to Media One Broadcasting, a 12-year old television syndication
company, for $71,000 and 40% of net revenue the right to telecast
four feature motion pictures and seventeen television productions
which the Company owns as part of its completed product library. In
1996 the Company licensed to Wittman Productions Inc., a 4-year old
Los Angeles based film production company, twenty feature films and
television productions for $75,000 and 40% of net revenue for the
right to telecast and exploit those productions which the Company
owns as part of its library. In 1995 and 1996, certain other film
and television participations of the Company included development
and packaging arrangements, the Company's review and in certain
cases, advice and counsel on screenplays and screenplay development
scenarios for the subsequent possible packaging and production and
distribution of a particular project. The most significant of these
productions, their production companies, and percentage of future
gross revenue allocated to the Company, were the feature length
film entitled CHOICE offered by production company Best Pictures
Inc., a 4-year old Los Angeles based production company, (50%); and
the feature length film entitled ALONG FOR THE RIDE offered by
production company Wittman Productions Inc., a 4-year old Los
Angeles based production company, (50%).  In 2001, the
Company expects to produce and/or distribute three or more
additional full length feature films or specialty television
projects for theatrical and ancillary worldwide exploitation. The
productions will be entirely or in large part under the
responsibility, control and ownership of the Company. All financing
for the completion of the recently completed feature length
production entitled SHATTERED ILLUSIONS featuring Morgan Fairchild,
Bruce Weitz, Richard Lynch and Dan Monahan was secured and the
production was completed and is now in distribution. The feature
length production, ALONG FOR THE RIDE and/or MR. CORKLESBY, has
approximately 50% of the financing secured and negotiations for the
remainder in process.  In the month of August 1999, the Company
entered into an agreement with Jaguar Entertainment, of Los
Angeles, California, for the purpose of marketing and distributing
the feature length motion picture entitled NINTH STREET featuring
Martin Sheen and Isaac Hayes to all domestic non-theatrical
ancillary markets including home video, pay television, network
television, satellite and DVD. In the month of March 1999, the
Company entered into a Co-Distribution Agreement with RGH/Lions
Share Pictures of California for the purpose of co-distributing the
feature length motion picture entitled JIGSAW. In the month of
August 2000, the Company entered into an acquisitions agreement
with SE Larsen Productions for all right, title and interest for
two feature motion pictures entitled MALEVOLENCE and THE SECOND
COMING. Terms of the agreement also included the acquisition of all
distribution rights worldwide.  In August, 2000, the Company began
the process of extensive theatrical marketing for its nationwide release
of the feature film AMY, winner of over 21 international awards
and critically acclaimed.  On February 2nd, 2001, AMY was premiered
in the Los Angeles area through four major theater chains including AMC,
Mann, Loew's and Edwards. Rollout of the film across the
United States is scheduled to continue after Los Angeles.







<TABLE>
The following is a table showing the comparison of balance sheet
data between 2000 and 2001.
<CAPTION>
                                            Three Months Ended March 31,
CATEGORY                                    2000              2001        % CHANGE
                                                           ----              -----              --------
<S>                                         <C>            <C>                  <C>
Net Profit (Loss)                          $  (10,781)     $ (14,417)           -33%
Assets                                     10,108,220    10,862,483            + 8%
Stockholders'Equity                         9,925,830    10,824,122            + 9%
Liability                                     182,390        38,361            -79%
Net Revenues                                        0      $ 35,467           +100%
Inventory                                  11,193,756     12,278,953           +10%
</TABLE>
The Company experienced no material changes during the first
quarter of 2001 regarding its operations or its financial position
relative to first quarter 2001.  There are no seasonal or other
factors regarding the Company's intra-year operations that require
explanation of a percentile swing in inter-quarter reports.

GENERAL

In fiscal 2000 and the first quarter of 2001 the Company continued
its involvement in a variety of film and television projects
relative to development, acquisitions, packaging, production and
marketing/distribution activities. The Company also continued to
pursue potential diversified business opportunities that have cash
flow possibilities. Management believes that a film or television
production's economic success is dependent upon several overlapping
factors including general public appetite of a potential genre or
performer at the time of release, domestic and international
marketing philosophy, applicable usage of existing and new and
emerging technology, advertising strategy with resultant
penetration and the overall quality of the finished production. The
Company's film and television productions may compete for sales
with numerous independent and foreign productions as well as
projects produced and distributed by a number of major domestic and
foreign companies, many of which are units of conglomerate
corporations with assets and resources substantially greater than
the Company's. Management of the Company believes that in recent
years there has been an increase in competition in virtually all
facets of the Company's business. Specifically, the motion picture
industry competes with television and other forms of leisure-time
entertainment. Since the Company may for certain undetermined
markets and products distribute its product to all markets and
media worldwide, it is not possible to determine how its business
as a whole will be affected by these developments and accordingly,
the resultant impact on the financial statements. The Company has
currently obtained the investment capital to produce and/or
distribute a minimum of two full length feature films or specialty
television productions within the next two years.  In addition to
the development, financing, production, and distribution of motion
picture and television product, the Company expects to continue to
exploit a portion or portions of the Company's completed film and
television library to a wide variety of distribution outlets
including network television, cable television, satellite
broadcast, pay-per-view, and home video sales. Specifically, live
action motion pictures are generally licensed for broadcast on
commercial television following limited or wide release
distribution to theatrical outlets (theaters), home video and pay
television. Licensing to commercial television is generally
accomplished pursuant to agreements which allow a fixed number of
telecasts over a prescribed period of time for a specified license
fee. Television license fees vary widely, from several thousand to
millions of dollars depending on the film or television production,
the number of times it may be broadcast, whether it is licensed to
a network or a local station and, with respect to local stations,
whether the agreement provides for prime-time or off-time
telecasting. Licensing to domestic and foreign television stations
(syndication) is an important potential source of revenue for the
Company, although in recent years the prices obtainable for
individual film and television product in domestic syndication have
declined as pay television licensing has grown. The growth of pay
television and home video technologies, i.e. DVD (Digital Video
Disk) and HDTV (High Definition television), has had an adverse
effect on the fees obtainable from the licensing of film and
television product to networks and local television stations.
Thereby potentially effecting the Company's ability to generate
substantive revenue from this particular venue; however increasing
revenue potential in other areas. Conversely, the Company may
derive revenue from the marketing and sale, either directly or
through licensees, of motion pictures and other filmed or
videotaped product on videocassette or Digital Video Disk for
playback on a television set or monitor through the use of
videocassette recorders ("VCRs"), digital video disk recorders and
continued advancements of pay television (cable), satellite
broadcast technologies, and Internet applications domestically and
internationally. The Company currently holds the distribution
rights to 290 motion picture and television titles.The revenue
competition relative to existing or pending exploitation agreements
of the Company's film and television product library and current
and future production and distribution of projects is volatile due
to the many technological and innovative changes in the industry
and also changes regularly occurring in the international economy.

LIQUIDITY AND CAPITAL RESOURCES

Although the Company experienced positive cash flow prior to
provisions for depreciation expense, the Company experienced net
losses and negative cash flow from operations for yearend 2000, and
also, as of the comparable period in 1999.   At March 31, 2001, the
Company had $93,171 in cash and no cash equivalents and in the same
period, 2000, the Company had $78,535 in cash and no cash
equivalents. The Company anticipates that its existing capital
resources may be adequate to satisfy its capital requirements for
the forseeable future. However, to accomplish the Company's planned
activities, it will need to raise additional funds through public
or private financings in the form of debt or equity.  The Company
has available substantial loss carry forwards for federal income
tax purposes. The exact amount of the loss carryforwards is
uncertain until the Company reaches an understanding with the
Internal Revenue Service in that regard.In order to finance its
operations, working capital needs and capital expenditures, the
Company utilized revenue from licensing fees, loans, proceeds from
the private sale of equity securities, deferred compensation,
profit participation, and equity in exchange for services and
product.

In accordance with the Securities and Exchange Commission
"Regulation D", and subject to Rule 144 restrictions, the Company
issued 60,000 shares of its common stock and no shares of its
preferred stock in first quarter ending March 31, 2001 for cash and
664,500 shares of its common stock and 30,000 shares of its
preferred stock for product and services. For the comparable period
in 2000, the Company issued 632,000 shares of its common stock and
no shares of its preferred stock for cash and no shares of its
common stock and no shares of its preferred stock for product
and services acquired by or provided to the Company. No proceeds
from the sale of the corporation's common stock or preferred stock
has ever been used to pay compensation to employees or executives
of the Company.  The Company was issued a standby irrevocable
Letter of Credit from the Huntington Bank, Cleveland, Ohio (now
Society Bank), in the amount of fifty thousand ($50,000). The terms
of the Huntington Bank Letter of Credit required that, if utilized,
the Company would pledge as collateral a portion of its film and
television product library. If the Letter of Credit were exercised,
the resultant loan would be secured by a commensurate portion of
the Company's film and television product library. The Huntington
Bank terms also provided that the Company would continue to be able
to sell or lease any portion of the product library as long as it
retained sufficient material to secure any loans made as a result
of the Letter of Credit. The Company currently utilizes a seventy
thousand ($70,000) dollar primary line of credit with the Wells
Fargo Bank of California, to accommodate its daily cash flow needs
and occasionally uses its credit lines at other financial
institutions and with its vendors and suppliers.
<TABLE>
The following table presents equity and cash flow data for the
periods indicated.
<CAPTION>
                                            Three Months Ended March 31,
                                          2001                     2000
                                         -----                     -----
<S>                                           <C>                      <C>
Stockholders' Equity                 $ 10,824,122              9,925,830
Common Stock Outstanding               49,518,652             49,013,592
Income/Deficit (after                     (14,417)               (10,781)
    depreciation)
Accumulated Deficit                    (9,915,790)            (9,683,983)
Cash                                       93,172                 78,535
</TABLE>

In 1997 and 1998, management revalued its inventory based on
management's receipt of commentary from the Securities and Exchange
Commission, with an additional appraisal of potential resale value,
worthiness as works of art, and potential licensing capabilities,
resulting in a reduction in management's estimate of a net
realizable value in 1997 of $4,091,950 and in 1998 of $3,868,380.
The results of the reevaluations effectuated in 1997 and 1998
resulted in a substantial reduction in book value of approximately
51% for those items.

The Company expects its marketing operations to expand considerably
over the next three years.  The current inventory and contracts
acquired by the Company are now beginning to be more vigorously
exploited.  As the Company's focus moves from extensive
accumulation of product and contracts in an ownership capacity to
capital acquisition specifically for marketing purposes using
recently developed technologies.  A substantial increase in income
and/or receivables are anticipated to take place during the
first half of 2001.  Although the Company is conservative
regarding its policy concerning the use of borrowed operating
capital, it is now in a position to use its reputation and contacts
in the industry to leverage operating funds profitably.

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS AND
MANAGEMENT'S STATEMENT REGARDING INTERIM
PERIOD ADJUSTMENTS

The statements which are not historical facts contained in this
Form 10-QSB are "forward looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, that
involve risks and uncertainties.  The words "anticipate",
"believes", "expect", "intend", "may" or similar expressions used
in this Form 10-QSB as they relate to the Company or its Management
are generally intended to identify such forward looking statements.
 These risks and uncertainties contained in this Form 10-QSB
include but are not limited to, product demand and market
acceptance risks, the effect of  economic conditions generally and
retail/wholesale in the motion picture and television industry and
marketing conditions specifically, the impact of competition,
technological difficulties, capacity and supply constraints or
difficulties, the results of financing efforts, changes in consumer
preferences and trends, the effect of the Company's accounting
policies, weather conditions, acts of God, and other risks detailed
in the Company's Security and Exchange Commission filings.  The
Company's management has made all the adjustments relative to the
fiscal yearend statements and the interim period herein, which in
the opinion of management are necessary in order to make the
financial statements not misleading.

Part II.  Other Information

Item 1.  Legal Proceedings

INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

There are no material pending legal proceedings to which the
Company is a party or to which any of its assets are subject.
However, the Company is currently in ongoing negotiations for the
reimbursement of lost material which consists of eight 1" and/or
3/4" and/or digital betacam videotape and 35mm film submaster
copies of feature length motion picture and television productions,
owned or controlled by the Company which were maintained at a post
production film and video facility.  The Company's attorneys are
preparing litigation and related processes relative to the lost
material in the event the results of the negotiations are
unsatisfactory.  The Company is seeking damages in the amount of
three hundred ninety seven thousand five hundred ($397,500) dollars
for the loss of its "stored material".  Further, the co-producers
with the Company's subsidiary, World Wide Films Inc., pertaining to
a feature length film initiated litigation to attempt to desolve
the Co-Production Agreement which exists between the Co-Producer
and the Subsidiary relative to the production processes of that
feature length film. The Company's management and attorneys
believed the lawsuit to be groundless, therefore resulting in a
favorable Judgment for the Company. The matter ultimately HAS
resulted in a favorable settlement for the Company, requiring the
plaintiffs to pay all expenses of litigation.

The Company's attorneys are preparing litigation and related
processes against the Company's foreign markets representative of a
feature film relative to the misappropriation of $90,000 in revenue
as a result of sales of the film in the countries of Spain and
Italy. The action is being filed in LA Superior Court and seeks
punitive and treble damages as a result of breach of contract and
fraud.  This and/or other actions will be vigorously pursued
against the foreign market representative  until a satisfactory
conclusion is reached.

Various legal actions, governmental investigations and proceedings
and claims may be instituted or asserted in the future by the
Company or against the Company and/or its subsidiaries including
those arising out of alleged deficiencies in the company's
products; governmental or industry regulations relating to safety,
financial services; employment-related matters; distributor,
exhibitor, co-producer, vendor, supplier, or other contractual
relationships; intellectual property rights; product warranties and
environmental matters.  Some of the foregoing matters involve or
may involve compensatory, punitive or anti-trust or other treble
damage claims in varying amounts, environmental remediation
programs, sanctions or other relief which, if granted, would
require varying expenditures.

Litigation is subject to many uncertainties, and the outcome of
individual litigated matters is not predictable with assurance.
The Company does not reasonably expect, based on its analysis, that
any adverse outcome from such matters would have a material effect
on future consolidated financial statements for a particular year,
although such an outcome is possible.

Item 2. Changes in Securities

None

Item 3. Defaults Upon Senior Securities

N/A

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

N/A

Item 5. Other Information

N/A

Item 6. Exhibits and Reports on Form 8-K

N/A

          SIGNATURE

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

                          WORLD WIDE MOTION PICTURES CORPORATION



May 12, 2001        /s/ A. Robert Sobolik
                             A. Robert Sobolik
                             Executive Vice President/Treasurer