UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                   FORM 10-QSB

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


For the quarterly period ended March 31, 2001Commission File Number 000-25257


                            e-Vantage Solutions, Inc.
                            -------------------------
             (Exact name of registrant as specified in its charter)


              Nevada                                      87-0453842
              ------                                      ----------
(State or other jurisdiction of                  (I.R.S. Employer incorporation
       Identification No.)                                or organization)
                           545 Madison Ave., 2nd Floor
                              New York, N.Y. 10022
                              --------------------
                    (Address of principal executive offices)


Registrant's current telephone number, including area code: (212) 521-8002

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 No

Indicate  the number of shares  outstanding  of each  class of the  Registrant's
Common Stock.

The Registrant has only one class of Common Stock outstanding. As of December 7,
2001,  the number of shares of Common Stock  outstanding  was 17,476,444 and the
aggregate  market value of the Common Stock (based on the closing  price on July
3, 2001,  the last trade  date  recorded  on  Over-the-Counter  Bulletin  Board,
"OTCBB") held by non-affiliates of the Company was approximately $3.2 million.

Transitional Small Business Disclosure Format (check one):  Yes    No


<PAGE>




                            E-VANTAGE SOLUTIONS INC.

                                   Form 10-QSB
                  For The Quarterly Period Ended March 31, 2001

                                Table of Contents

PART I. FINANCIAL INFORMATION

    Item 1.  Financial Statements

        Consolidated Balance Sheet as of March 31, 2001 (unaudited).......3

        Consolidated Statement of Operations for the three months ended
        March 31, 2001(unaudited) and for the three months ended
        March 31, 2000 (unaudited)........................................5

        Consolidated Statement of Cash Flows for the three months ended
        March 31, 2001 (unaudited) and for the three months ended
        March 31, 2000 (unaudited)........................................6

        Consolidated Statement of Stockholders' Equity for the three months
        ended March 31, 2001 (unaudited)..................................8

        Notes to Consolidated Financial Statements (unaudited)............9

    Item 2.  Management's Discussion and Analysis of Financial Condition
    and Results of Operations.............................................9

PART II.  OTHER INFORMATION

    Item 2.  Changes in Securities and Use of Proceeds...................13

    Item 6.  Exhibits and Reports on Form 8-K............................13

SIGNATURES...............................................................14



                                        2

<PAGE>



                          PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements

                    E-VANTAGE SOLUTIONS INC. AND SUBSIDIARIES

                 Consolidated Balance Sheet as of March 31, 2001
                                   [Unaudited]


ASSETS
CURRENT ASSETS:
  Cash                                                              $  438,026
  Trade Accounts Receivable                                          3,265,605
  Net Assets of Discontinued Operations                                330,000
  Other assets                                                           9,680
                                                                    ----------

  TOTAL CURRENT ASSETS                                               4,043,311
                                                                    ----------

FIXED ASSETS                                                           200,257
                                                                    ----------
GOODWILL                                                               480,313
                                                                    ----------
OTHER ASSETS                                                            21,471
                                                                    ----------


TOTAL ASSETS                                                        $4,745,352
                                                                    ==========





















          See Accompanying Notes to Consolidated Financial Statements.

                                        3

<PAGE>



                   E-VANTAGE SOLUTIONS INC.  AND SUBSIDIARIES

                 Consolidated Balance Sheet as of March 31, 2001
                                   [Unaudited]



LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
     Accounts Payable                                               $1,854,526
     Accrued Expenses                                                  802,205
     Accrued Expenses-Stockholders                                   1,034,448
     Income Taxes Payable                                                    0
     Accrued Interest Stockholders                                     805,028
     Notes payable - Stockholders                                    3,453,415
     Due to Affiliates                                               3,065,907
                                                                    ----------

     TOTAL CURRENT LIABILITIES                                      11,015,528
                                                                    ----------

STOCKHOLDERS' EQUITY:
     Common Stock                                                       17,459
     Capital in excess of par value                                  6,618,887
     Unearned Compensation
     Foreign Translation                                               115,877
     Accumulated Deficit                                            (11,282,865)
     Current Income                                                  1,266,478
     Less: Treasury Stock                                           (3,006,012)
     Less: Subscription Receivable                                           0
                                                                    ----------
        TOTAL STOCKHOLDERS' EQUITY                                  (6,270,176)
                                                                    ----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                          $4,745,352
                                                                    ==========




          See Accompanying Notes to Consolidated Financial Statements.

                                        4

<PAGE>



                   E-VANTAGE SOLUTIONS INC.  AND SUBSIDIARIES

                      Consolidated Statement of Operations


                                                 Three Months  Three Months
                                                     Ended         Ended
                                                March 31, 2001 March 31, 2000
                                                   Unaudited     Unaudited
INCOME:
    Revenue                                       $ 4,452,072  $   939,458
    Cost of services                                1,958,787      639,549
                                                  -----------   ----------

       Gross profit                                 2,493,285      299,910
                                                   ----------   ----------

COSTS AND EXPENSES:
    General and administrative                      1,096,884    1,280,974
    Depreciation                                       19,711          373
    Amortization                                       32,021            0
                                                   ----------    ---------

       Total Costs and Expenses                     1,148,616    1,281,348
                                                   ----------   ----------

Operating Income (Loss)                             1,344,669     (981,438)
                                                   ----------   ----------

OTHER EXPENSE:
    Interest Expense - Stockholders                  (101,000)     (50,000)
    Interest Expense                                   (2,768)           0
                                                   -----------  ----------

       Total Other Expense                           (103,768)     (50,000)
                                                   ----------   ----------

Income (Loss) from Continuing Operations            1,240,901    (1,031,438)
Income Tax Benefit
Discontinued Operations                                25,577           --
                                                   ----------   ----------

    Total Loss                                    $ 1,266,478   $(1,031,438)
                                                  ===========   ===========

Income (Loss) per Share of Common Stock:
    Income (Loss) from Continuing Operations      $      0.07   $    (0.06)
                                                  ===========   ===========

BASIC AND DILUTED LOSS PER SHARE                   $     0.07   $    (0.06)
                                                   ==========   ===========

WEIGHTED AVERAGE SHARES OF COMMON STOCK
    OUTSTANDING                                    17,459,610   16,623,670
                                                  ===========   ==========



          See Accompanying Notes to Consolidated Financial Statements.

                                        5

<PAGE>



                   E-VANTAGE SOLUTIONS INC.  AND SUBSIDIARIES
   Consolidated Statement of Cash Flows for Three Months Ended March 31, 2001
                                    Unaudited
                                                    Three Months  Three Months
                                                        Ended         Ended
                                                   March 31, 2001 March 31, 2000
                                                      Unaudited     Unaudited

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net Income (Loss)                                 $ 1,266,478   $(1,031,438)
                                                    -----------   -----------
  Adjustments to reconcile net income to cash
   provided by operating activities:
   Depreciation and Amortization                         51,732           --
   Amortization of Discount                                  --       94,500
   Comprehensive Income                                  32,753           --

  Change in Assets and Liabilities:
   (Increase) decrease in:
     Accounts receivable                             (1,409,237)    (324,927)
     Other current assets                                (8,531)     (53,062)
     Other Assets/Security Deposits                     (21,471)       4,209

   Increase (decrease) in:
     Accounts payable                                   665,525      288,385
     Accrued expenses                                   (91,835)     140,210
     Accrued interest stockholders                      101,000           --
     Accrued expenses-stockholders                      116,030       (2,667)
     Income taxes payable                                    --           --
                                                    -----------   ----------

     Total adjustments                                 (564,033)     146,648
                                                    ------------  ----------

NET CASH-- OPERATING ACTIVITIES                         702,444     (884,790)
                                                    -----------   ----------

INVESTING ACTIVITIES:
  Payments for Property and Equipment                    (4,081)           0
                                                    -----------   ----------

FINANCING ACTIVITIES:
  Due to affiliates                                    (439,524)     570,445
  Advances from stockholders                                  0      197,732
  Issuance of common stock                                   --      250,001
                                                     ----------   ----------

NET CASH - FINANCING ACTIVITIES                        (439,525)   1,018,177
                                                     -----------  ----------

NET INCREASE IN CASH                                    258,839      133,388
CASH AT BEGINNING OF PERIOD                             179,187       60,523
                                                     ----------   ----------
CASH AT END OF PERIOD                                $  438,026   $  193,911
                                                     ==========   ==========


          See Accompanying Notes to Consolidated Financial Statements.

                                        6

<PAGE>




                    E-VANTAGE SOLUTIONS INC. AND SUBSIDIARIES
 Consolidated Statement of Cash Flows for the Three Months Ended March 31, 2000
                                   (Unaudited)


As more fully  described in the  Company's  December  31,  1998,  report on Form
10-KSB, 1998 operations are not meaningful.

SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:

See Form 10-KSB  filing for December  31,  2000,  which is included by reference
hereinunder, for schedule of non- cash and financing activities.

























          See Accompanying Notes to Consolidated Financial Statements.


                                        7

<PAGE>

<TABLE>


                           E-VANTAGE SOLUTIONS INC.  AND SUBSIDIARIES
    Consolidated Statement of Stockholder's Equity for the Three months ended March 31, 2001

                                                        Capital in                                                    Total
                                        Common Stock      Excess     Unearned   Treasury    Stock    Accumulated  Stockholder's
                                    Shares    Amount  of Par Value Compensation  Stock   Subscription    Deficit      Equity

<S>                               <C>        <C>       <C>         <C>        <C>          <C>        <C>          <C>
Balance - December 31, 1998       14,544,225 $ 14,544  $2,992,518  $     --   $       --   $     --   $  (831,894) $2,175,168
Equity of merged entity                   --       --       1,000        --           --         --      (202,842)   (201,842)
Common Stock Issued                  250,001      250   1,499,750        --           --         --            --   1,500,000
Common Stock issued in lieu of Cash
   Payment for Marketing              63,000       63     377,937  (378,000)          --         --            --          --
Treasury Stock Purchase 66,502 $6/sh
   Treasury Stock sold                    --       --          --        --     (366,012)        --            --    (366,012)
Options Exercised                    122,000      122       5,978        --           --         --            --       6,100
Imputed Interest                          --       --     151,788        --           --         --            --     151,788
Amortization of Unearned
   Compensation                           --       --          --   283,500           --         --            --     283,500
Disposal of Subsidiary                    --       --          --        --   (2,640,000)        --            --  (2,640,000)
Net Loss for year ended 12/31/99          --       --          --        --           --         --    (7,338,070) (7,338,070)
                                   --------- --------  ----------  --------   ----------   --------   -----------  ----------

Balance - December 31, 1999       14,979,226   14,979   5,028,971   (94,500)  (3,006,012)        --    (8,372,806) (6,429,368)

Common Stock Issued                2,480,384    2,480   1,589,916        --           --         --            --   1,592,396
Amortization Unearned Comp.               --       --          --    94,500           --         --            --      94,500
Net Loss                                  --       --          --        --           --         --    (2,910,059) (2,910,089)
                                  ---------- --------  ----------  --------   ----------   --------   -----------  ----------

Balance at December 31, 2000      17,459,610   17,459   6,618,887        --   (3,006,012)        --   (11,282,865) (7,569,407)
Net Income                                --       --          --        --           --         --     1,266,478   1,266,478
Foreign Currency Adjustment               --       --          --        --           --         --            --      32,753
                                  ---------- --------  ----------  --------   ----------   --------   -----------  ----------

Balance at March 31, 2001         17,459,610 $ 17,459  $6,618,887  $     --  $(3,006,012)  $     --  $(10,016,387)$(6,270,176)
                                  ========== ========  ==========  ========  ===========   ========  ============ ===========

</TABLE>

                                                8

<PAGE>



                   E-VANTAGE SOLUTIONS INC.  AND SUBSIDIARIES

                   Notes to Consolidated Financial Statements
                                   (Unaudited)


      For  further  financial  information,  see the  NOTES to the  Consolidated
Financial  Statements in the Company's Form 10-KSB filing for December 31, 2000,
which are included by reference hereinunder.

Item 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations

The following  table  contains  certain  selected  financial data of the Company
regarding its operations for 1Q2001, the three month quarter ending on March 31,
2001, as well as  comparable  data for the same quarter in the prior fiscal year
2000, and is qualified by the more detailed  financial  statements and the notes
thereto  provided  in this  report,  as  well as the  report  and  Notes  to the
Financial  Statements  provided in the Company's  10-KSB filing for December 31,
2000.

Statement of Operations Data


                                        ($ in thousands)


                         Three Months Ended             Three Months Ended
                           March 31, 2001                 March 31, 2000
                               Actual                         Actual

Gross revenue                  $4,452                          $939
Operating Income (Loss)        $1,345                         ($981)

Balance Sheet Data


                                As at March 31, 2001        As at March 31, 2000
                                       Actual                      Actual

Current Assets                         $4,043                      $2,116
Total Assets                            4,745                       3,036
Current Liabilities                    11,015                      10,752
Long-Term Debt
Total Liabilities                      11,015                      10,752
Shareholders' Equity                  (6,270)                      (7,717)


ProForma  -Balance Sheet Data  (assuming  conversion of  Stockholders's  debt to
equity)
--------------------------------------------------------------------------------


                                   As at March 31, 2001
                                          Actual

Current Assets                            $4,043
Total Assets                               4,745
Current Liabilities                        2,657
Long-Term Debt
Total Liabilities                          2,657
Shareholders' Equity                        2088



                                        9

<PAGE>




MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

Overview  The  results of 1Q2001,  for the period  ending  March 31,  2001,  are
informed by the overall history of the Company as follows.

History of the Company from September 1998 to March 31, 2000, when the Company's
Transition to Current Focus, Strategy, and Form Was Begun

The Company's  current  activities as a technology firm began when, as part of a
re-organization,  we changed our name to Elligent Consulting Group, Inc. on July
31, 1998,  with a focus on acquiring a number of general  technology  consulting
companies through a "roll-up" strategy.  On September 3, 1998, with an effective
date of August 1, 1998, for accounting purposes,  we issued 12,950,000 shares of
our restricted common stock to the then current shareholders of Patra Capital in
exchange for all of the issued and outstanding common stock of Patra Capital. At
that time, the management of Patra Capital became our management. The merger was
accounted for as a recapitalization.  On September 21, 1998, effective August 1,
1998, for accounting  purposes,  we, through our wholly owned subsidiary,  Patra
Capital, purchased Conversion Services International,  Inc., which was a general
technology  consulting/staffing  firm.  Subsequently,  the  Company  decided  in
December of 1999 to divest CSI and completed the  divestiture on March 31, 2000,
and has  reflected the  financial  results of CSI in the Company's  Consolidated
Financial Statements, both while the Company owned CSI and after it divested it,
as  "Profit/Losses  from  Discontinued  Operations."  In July 1999,  the Company
purchased the operations of ECS, which is a small technology  consulting company
that provides infrastructure consulting services to primarily New York financial
services industry customers.

During the first  quarter of fiscal  year 2000,  the  Company  planned and began
implementation  of a shift in focus toward  becoming a  consulting  services and
software  company  focused  primarily  on mobile  and  internet  based  business
functions,  including such key business  activities as internet and mobile based
payment systems.  To that end the Company  discontinued its roll-up strategy and
general technology consulting business, through the divestiture of its operating
subsidiary in that area, CSI; and acquired and invested in the growth from early
2000 through the end of fiscal year 2000 its European subsidiary,  the e-Vantage
Company Limited, which became focused on such consulting and services.

Description  of the  Company's  Activities  During  Current  Year and Quarter in
connection with Company's Transition to Current Strategy and Form

During Fiscal year 2001, despite  year-to-year growth in its consulting business
in its target mobile and internet based markets,  the Company continued with its
plan of  evolving  into a software  as well as  services  company for its target
markets.  The Company  believed  that such  transition  was becoming  especially
urgent,  as a result of the  continuing and deepening  global  recession and its
on-going  and  projected  severe  impact  on  consulting  businesses  and  their
valuation by capital  markets.  In that regard,  in November  2001,  the Company
acquired  certain   messaging  based   middleware   software  assets  and  began
commercializing  them for release in fiscal year 2002 (reference is herein-under
made to the Company's  filing of the 10-K for fiscal year 2000 for more detailed
description of the Company's plans, strategy, and activities in this regard).

In connection with these activities,  and especially the  discontinuation of the
Company's roll-up strategy and previously acquired general technology consulting
business and its shift toward mobile and internet  based  consulting,  services,
and software activities,  including development of international operations, the
Company   incurred   substantial   losses  in  every  quarter   until   reaching
profitability in the quarter ending December 31, 2000.

In the 1Q2001  quarter,  ending March 31, 2001, the Company had revenues of $4.4
million and operating  profits of over $1.3  million.  Such increase in revenues
and  profitability  from the $2.9 million revenue and $286,537  operating profit
from the prior quarter 4Q2000, ending December 31, 2000, was due to a large

                                       10

<PAGE>



increase  in our  customers'  use of  billable  personnel,  primarily  utilizing
Company  employees  rather than more  expensive  contract  consultants  with the
consequent  reduction  of personnel  that were not utilized by our  customers in
billable jobs.  Such increase  occurred  primarily in connection  with two major
on-going  projects  of the  Company  with Chase and  Deutsche  Bank and  related
entities. Disproportionate increase in profitability also resulted from the fact
that the Company  continued  to operate  without  appropriate  overhead  related
personnel and the connected expense.  Therefore,  the Company believes that such
levels of  profitability  as a percent of  revenues  could not  continue  in the
future even if revenue levels remained the same.

Furthermore,  the Company  continued to depend on just a few projects from a few
customers  for  most  of its  revenues,  similarly  to  such  dependency  as was
described  in the  Company's  10-KSB  filing for fiscal  year 2000.  The Company
believes  that a change to a larger set of customers  and more projects has been
made  difficult  as a result of  continuing  dramatic  reductions  in the use of
outside  consultants by customers across the board,  because of the on-going and
deepening  world  economic  crisis.  Such  reductions  of  billable  consultants
continue to be experienced by most technology consulting companies, resulting in
collapsing revenue levels and market valuations by such consulting companies.

Therefore,  both  the  levels  of  revenues  and  profitability,  as  well  as a
comparison  of the  Company's  1Q2001  quarter  revenues  of  $4.4  million  and
operating  profits of $1.3 million,  with the same period prior year revenues of
$939,458 and operating losses of $981,438, may not be meaningful (or may even be
misleading)  indicators of potential  revenue and  profitability  performance in
subsequent quarters in the current year or in the immediate future (as quarterly
filings  of the  Company  for  subsequent  quarters  in the  current  year  also
indicate).  The Company believes that given the prevailing  economic climate and
continuing  lack of market demand for billable  consultants,  its projects could
easily  terminate from one quarter to the next.  This would cause severe loss of
revenues,  since the Company  lacks the  breadth of customer  base to protect it
against  the   resulting   potentially   dramatic   decrease  of  revenues   and
profitability,  both in comparison to prior  quarters in the current year and in
comparison to the same quarter in the prior year

During 1Q2001,  the Company also expanded its  management  depth by hiring a new
Managing Director,  Stewart O'Malley, to head the Company's European operations,
and Tom Healey, as President of the Company's US operations,  with special focus
on implementing the Company's  transition  toward value-add  software mobile and
internet  oriented  applications,  such as those that the  Company is  currently
implementing  based  on the  messaging-based  middleware  software  platform  it
acquired  in  November  2001.  Such  expansion  will  have  immediate  impact on
increasing costs and lowering profitability.

Together with the Company's published financial results for the four quarters in
fiscal  year  2000,  the  last  five  consecutive   quarters  of  the  Company's
operations, based on its new focus and strategy, are as follows:


<TABLE>

                1Q2000          2Q2000          3Q2000         4Q2000         1Q2001
            March 31, 2000   June 30, 2000  Sept. 30, 2000  Dec. 31, 2000  Mar. 31, 2001

<S>         <C>             <C>             <C>            <C>             <C>
Revenues    $939,458        $1,378,028      $2,580,763     $2,936,977      $4,452,072

Operating
Profit/Loss ($981,438)      ($1,278,403)    ($76,934)      $286,537        $1,344,669

</TABLE>



                                       11

<PAGE>




The  Company's  plans  are to  continue  addressing  both  growth  and  customer
diversity  as  well  as  cost  management,   increased  profitability,  and  the
development of greater liquidity and access to capital,  especially  through its
planned transition toward a full software and services model.


Liquidity and Financial Condition

As of March 31, 2001, we continued to have working capital deficit, which was in
the amount of almost $9 million  (including  amounts  due to related  parties of
about $8.4  million).  This  latter  amount  that is due to  related  parties is
principally due to entities  associated  with the Company's CEO's family,  which
also  constitutes  the  Company's  principal   shareholders.   We  believe  that
sufficient  sources of funds can be found to cover the working  capital needs of
the Company.  Such sources of funds are (i) from  projected  positive  cash flow
from operations (ii) from potential  issuance of the Company's Common Stock, and
(iii) from other  public and  private  financing  sources,  including  strategic
partners  with whom the  Company is doing or plans to do business  and  existing
shareholders of the Company that have an interest in preserving their investment
in the Company.

However,  no assurance can be given that we will be successful in obtaining such
financing,  and the failure to obtain necessary  financing could have a material
adverse effect on the Company. At the present time, our management believes that
while able to support day to day operations and reasonable  internal growth, our
current sources of funding are not adequate to support our growth plans.

Inflation

Inflation has not had a material  effect upon our results of operations to date.
In the  event the rate of  inflation  should  accelerate  in the  future,  it is
expected  that costs in  connection  with our provision of services and products
will  increase,  and,  to the  extent  such  increased  costs are not  offset by
increased revenues, our operations may be adversely affected.

Forward Looking Information

This report contains certain  forward-looking  statements and  information.  The
cautionary  statements made in this report should be read as being applicable to
all related  forward-looking  statements  wherever they appear.  Forward-looking
statements, by their very nature, include risks and uncertainties.  Accordingly,
our actual results could differ  materially from those discussed  herein. A wide
variety of factors  could  cause or  contribute  to such  differences  and could
adversely impact  revenues,  profitability,  cash flows and capital needs.  Such
factors,  many of which are beyond  our  control,  include  the  following:  our
success in obtaining new contracts;  the volume and type of work orders that are
received  under such  contracts;  levels of, and  ability to,  collect  accounts
receivable; availability of trained personnel and utilization of our capacity to
complete work;  competition and competitive pressures on pricing;  availability,
cost and terms of debt or  equity  financing;  and  economic  conditions  in the
United States and in the regions served.


Quantitative  and Qualitative  Disclosures  about Market Risk  Quantitative  and
Qualitative Disclosures about Market Risk

The Company is not exposed to material risk based on interest rate  fluctuation,
exchange rate fluctuation, or commodity price fluctuation.


                                       12

<PAGE>



                           PART II. OTHER INFORMATION

Item 2. Changes in Securities and Use of Proceeds in the Period ending March 31,
2001

None

Item 6. Exhibits and Reports On Form 8-K

        (a) Exhibits

            27 -- Financial Data Schedule

        (b) Reports on Form 8-K

            None

                                       13

<PAGE>


                                   SIGNATURES

In accordance  with Section 13 or 15(d) of the Securities  Exchange Act of 1934,
the  Registrant  has  caused  this  Report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


                                          E-VANTAGE SOLUTIONS INC.


Dated: March 20, 2002                     By:  /s/ Andreas Typaldos
                                             ------------------------------
                                             Andreas Typaldos
                                             Chairman of the Board and Chief
                                             Executive Officer

                                       14

<PAGE>