SECURITIES  AND  EXCHANGE  COMMISSION
                         WASHINGTON,  D.C.  20549

                                  FORM  10-QSB
(MARK  ONE)

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

        FOR  THE  QUARTERLY  PERIOD  ENDED  JUNE  30,  2000

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

       FOR  THE  TRANSITION  PERIOD  FROM  TO

                      COMMISSION  FILE  NUMBER:  000-31175

                        AFFILIATED RESOURCES CORPORATION
             (Exact name of registrant as specified in its charter)

             COLORADO                                     84-1045715
(State  or  other  Jurisdiction  of                   (I.R.S. Employer
incorporation  or  organization)                    Identification  Number)


      3050  POST  OAK  BOULEVARD
     SUITE  1080,  HOUSTON,  TEXAS                           77056
  (Address  of  Principal  Executive  Offices)            (Zip  Code)

       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 355-8940

     Check  whether the issuer (1) has filed all reports required to be filed by
Section  13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
12  months  (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90  days.     YES   X    NO
                   ---     ---

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
stock  as  of  the  latest  practicable  date.

COMMON  STOCK,  $.003  PAR  VALUE                         22,795,243
                                                (SHARES  OUTSTANDING  AS  OF
                                                       JUNE  30,  2000)

TRANSITIONAL  SMALL  BUSINESS  DISCLOSURE  FORMAT  (CHECK  ONE)   YES   NO   X
                                                                           -----

                                        1
<PAGE>

                      AFFILIATED  RESOURCES  CORPORATION
           QUARTERLY  REPORT  ON  FORM  10-QSB  FOR  THE  INTERIM
                           PERIOD ENDED JUNE 30, 2000

                                TABLE OF CONTENTS
                                                                          PAGE
                                                                         NUMBER
PART  I.          FINANCIAL  INFORMATION

Item  I.     Financial  Statements

Balance  Sheets  at  June  30,  2000  and  December  31,  1999                1

Statements  of Operations for the Six months Ended June 30, 2000 and 1999     3

Statement  of  Operations  for  the  Three  Months  Ended  June  30,  2000
and  1999                                                                     4

Statements  of Cash Flows for the Six months Ended June 30, 2000 and 1999     5

Notes  to  Financial  Statements                                              6

Item  2.   Management's  Discussion  and  Analysis  of  Financial Condition
and Results  of  Operations                                                   6

PART  II.     OTHER  INFORMATION

Item  1.   Legal  Proceedings                                                 9

Item  6.   Reports  on  Form  8-K                                            10

Signatures                                                                   10


                                        2
<PAGE>

                   AFFILIATED  RESOURCES  CORPORATION
                    CONSOLIDATED  BALANCE  SHEETS

<TABLE>
<CAPTION>



<S>                                                                  <C>          <C>
                                                                        JUNE 30,   December 31,
                                                                            2000           1999
                                                                     -----------  -------------
                                                                     (Unaudited)      (Audited)

                                    ASSETS

CURRENT ASSETS

Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . .  $     7,883  $       8,490
Accounts receivable . . . . . . . . . . . . . . . . . . . . . . . .       10,922          6,900
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      532,060        606,100
Prepaid expenses. . . . . . . . . . . . . . . . . . . . . . . . . .        2,543          7,823
                                                                     -----------  -------------

Total Current Assets. . . . . . . . . . . . . . . . . . . . . . . .      553,408        629,313
                                                                     -----------  -------------

PROPERTY AND EQUIPMENT
Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       41,000         41,000
Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      744,000        744,000
Warehouse equipment . . . . . . . . . . . . . . . . . . . . . . . .    2,423,348      2,423,348
Office equipment and furniture. . . . . . . . . . . . . . . . . . .       77,155         76,344
Vehicles. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       39,784         39,784
Leasehold improvements. . . . . . . . . . . . . . . . . . . . . . .      334,818        334,125
   Oil and gas properties . . . . . . . . . . . . . . . . . . . . .       51,000         51,000
                                                                     -----------  -------------

                                                                       3,711,105      3,709,601
Less: Accumulated depreciation. . . . . . . . . . . . . . . . . . .      381,775        257,232
                                                                     -----------  -------------

                                                                       3,329,330      3,452,369
                                                                     -----------  -------------

GOODWILL, net of accumulated amortization of $344,572 and $228,128
at June 30, 2000 and December 31, 1999, respectively. . . . . . . .    3,148,102      3,264,546

DEPOSITS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        3,201          3,201
                                                                     -----------  -------------

                                                                     $ 7,034,041  $   7,349,429
                                                                     ===========  =============
</TABLE>


                                        3
<PAGE>

<TABLE>
<CAPTION>

<S>                                                                                    <C>             <C>
                                                                                         JUNE 30,      December 31,
                                                                                             2000             1999
                                                                                     -------------    --------------
                                                                                       (Unaudited)         (Audited)

                           LIABILITIES

CURRENT LIABILITIES

Notes Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $    200,000   $     395,000
Current maturities of long-term debt. . . . . . . . . . . . . . . . . . . . . . . . .         9,632           9,300
Accounts payable:
   Trade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     1,281,650       1,220,953
   Related Parties  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        88,101         106,888
Accrued expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       832,185         626,236
Advances payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        15,000          40,000
                                                                                      -------------   -------------
Total Current Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     2,426,568       2,398,377

LONG-TERM DEBT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       639,848         343,561
                                                                                      -------------   -------------
                                                                                          3,066,416       2,741,938
                                                                                       -------------  --------------

                     STOCKHOLDERS' EQUITY

PREFERRED STOCK, $1 par value, 10,000,000 shares   authorized, no shares outstanding

COMMON STOCK, $.003 par value, 50,000,000 shares authorized,
22,795,243 and 17,947,743 shares issued and outstanding at June 30,
2000 and December 31, 1999, respectively. . . . . . . . . . . . . . . . . . . . . . .        68,386          53,843

ADDITIONAL PAID-IN CAPITAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    18,035,937      16,957,480

ACCUMULATED DEFICIT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   (12,003,900)    (10,031,466)

UNAMORTIZED STOCK COMPENSATION. . . . . . . . . . . . . . . . . . . . . . . . . . . .    (2,126,798)     (2,366,366)

TREASURY STOCK, 641,026 shares at cost. . . . . . . . . . . . . . . . . . . . . . . .        (6,000)         (6,000)
                                                                                      -------------   -------------
                                                                                          3,967,625       4,607,491
                                                                                       -------------  --------------
                                                                                       $  7,034,041   $   7,349,429
                                                                                       =============  ==============
</TABLE>

             See accompanying notes to consolidated financial statements


                                        4
<PAGE>

                               AFFILIATED  RESOURCES  CORPORATION
                            CONSOLIDATED  STATEMENTS  OF  OPERATIONS


<TABLE>
<CAPTION>

<S>                                            <C>            <C>
                                               FOR THE         For the
                                               SIX MONTHS      Six Months
                                               ENDED           Ended
                                               JUNE 30,        June 30,
                                               2000            1999
                                               ------------  ------------
                                               (Unaudited)    (Unaudited)

REVENUES. . . . . . . . . . . . . . . . . . .  $   174,469       587,903

Cost of Revenues. . . . . . . . . . . . . . .       63,766       720,431
                                               ------------  ------------

GROSS MARGIN. . . . . . . . . . . . . . . . .      110,703     (132,528 )

Selling, general and administrative expenses.    1,606,371   $ 1,040,710
Depreciation and amortization expenses. . . .      240,986       356,998
Operating expenses. . . . . . . . . . . . . .      198,023       336,869
                                               ------------  ------------

                                                 2,045,380     1,734,577
                                               ------------  ------------

Loss from Operations. . . . . . . . . . . . .   (1,972,434)   (1,867,105)

OTHER INCOME (EXPENSE)
Interest expense. . . . . . . . . . . . . . .      (37,557)      (21,418)
                                               ------------  ------------

NET LOSS. . . . . . . . . . . . . . . . . . .  $(1,972,434)  $(1,888,523)
                                               ============  ============

Net Loss Per Share. . . . . . . . . . . . . .  $      (.10)  $      (.11)
                                               ============  ============

Weighted Average Shares Outstanding . . . . .   19,363,183    16,508,936
                                               ============  ============
</TABLE>

             See accompanying notes to consolidated financial statements


                                        5
<PAGE>

                      AFFILIATED  RESOURCES  CORPORATION
                  CONSOLIDATED  STATEMENTS  OF  OPERATIONS

<TABLE>
<CAPTION>

<S>                                            <C>              <C>

                                                FOR THE         For the
                                                THREE MONTHS    Three Months
                                                ENDED           Ended
                                                JUNE 30,        June 30,
                                                2000            1999
                                              --------------   --------------
                                               (Unaudited)     (Unaudited)

REVENUES. . . . . . . . . . . . . . . . . . .  $      99,839         405,390

Cost of Revenues. . . . . . . . . . . . . . .         35,174         446,540
                                               --------------  --------------

GROSS MARGIN. . . . . . . . . . . . . . . . .         64,665         (41,150)

Selling, general and administrative expenses.      1,049,519   $     695,760
Depreciation and amortization expenses. . . .        120,765         237,999
Operating expenses. . . . . . . . . . . . . .         88,912         239,437
                                               --------------  --------------

                                                   1,259,196       1,173,196
                                               --------------  --------------

Loss from Operations. . . . . . . . . . . . .     (1,194,531)     (1,214,346)

OTHER INCOME (EXPENSE)
Interest expense. . . . . . . . . . . . . . .        (19,205)        (18,350)
                                               --------------  --------------

NET LOSS. . . . . . . . . . . . . . . . . . .  $  (1,213,736)  $  (1,232,696)
                                               ==============  ==============

Net Loss Per Share. . . . . . . . . . . . . .  $        (.06)  $        (.04)
                                               ==============  ==============

Weighted Average Shares Outstanding . . . . .     20,292,880      16,491,743
                                               ==============  ==============
</TABLE>

             See accompanying notes to consolidated financial statements


                                        6
<PAGE>

                       AFFILIATED  RESOURCES  CORPORATION
                    CONSOLIDATED  STATEMENTS  OF  CASH  FLOWS


<TABLE>
<CAPTION>

<S>                                                               <C>           <C>
                                                                  FOR THE       For the
                                                                  SIX MONTHS    Six months
                                                                  ENDED         Ended
                                                                  JUNE 30,      June 30,
                                                                  2000          1999
                                                                  ------------  ------------
                                                                  (Unaudited)    (Unaudited)

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $(1,972,434)  $(1,232,696)
Adjustments to reconcile net loss to net cash used in operating
   activities:
      Depreciation and amortization expense. . . . . . . . . . .      240,987       237,999
      Non-cash compensation expense  . . . . . . . . . . . . . .      239,568       190,230
      Non-cash consulting expense . . . . . . . . . . . . . . .       606,500
      Changes in assets and liabilities:
         Accounts receivable . . . . . . . . . . . . . . . . . .       (4,022)      (51,985)
         Inventory.  . . . . . . . . . . . . . . . . . . . . . .       74,040       183,548
         Prepaid expenses. . . . . . . . . . . . . . . . . . . .        5,280         9,181
         Accounts payable and accrued liabilities. . . . . . . .      252,659       126,608
                                                                  ------------  ------------

            Net Cash Used in Operating Activities. . . . . . . .     (557,422)     (537,115)

CASH FLOWS FROM INVESTING ACTIVITIES:
   Purchase of equipment . . . . . . . . . . . . . . . . . . . .       (1,504)      (20,302)
   Proceeds from sale of equipment.. . . . . . . . . . . . . . .            0        24,469
                                                                  ------------  ------------

       Net Cash Provided (Required)  by Investing Activities . .       (1,504)        4,167

CASH FLOWS FROM FINANCING ACTIVITIES:
   Proceeds from debt  . . . . . . . . . . . . . . . . . . . . .      510,000       210,000
   Payments of debt  . . . . . . . . . . . . . . . . . . . . . .     (213,381)      (15,672)
   Sale of common stock  . . . . . . . . . . . . . . . . . . . .      261,700       208,000
                                                                  ------------  ------------
        Net Cash Provided by Financing Activities. . . . . . . .      558,319       402,620
                                                                  ------------  ------------

NET INCREASE (DECREASE) IN CASH EQUIVALENTS. . . . . . . . . . .         (607)     (130,620)

Cash and Cash Equivalents at Beginning of Period . . . . . . . .        8,490       144,123
                                                                  ------------  ------------

CASH AND CASH EQUIVALENTS AT END OF PERIOD . . . . . . . . . . .  $     7,883   $    13,503
                                                                  ============  ============

Non-Cash investing and financing activities:
  Common stock issued for payment of note and
       interest payable. . . . . . . . . . . . . . . . . . . . .      199,800

  Common stock isued for advances payable. . . . . . . . . . . .       25,000
</TABLE>

             See accompanying notes to consolidated financial statements


                                        7
<PAGE>

                       AFFILIATED  RESOURCES  CORPORATION
                 NOTES  TO  CONSOLIDATED  FINANCIAL  STATEMENTS
                                JUNE  30,  2000

NOTE  1  -  BASIS  OF  PRESENTATION

     The  consolidated  financial statements of Affiliated Resources Corporation
(formerly  Synaptix  Systems  Corporation)  (the  "Company") included herein are
unaudited  for  all  periods  ended  June  30,  2000 and 1999.  They reflect all
adjustments  (consisting  of  normal  recurring  adjustments)  which are, in the
opinion  of  management,  necessary to fairly depict the results for the periods
presented.  Certain  information  and  note  disclosures,  normally  included in
financial  statements  prepared in accordance with generally accepted accounting
principles,  have been condensed or omitted pursuant to rules and regulations of
the  Securities  and  Exchange Commission.  It is suggested that these financial
statements  be read in conjunction with the audited financial statements for the
year  ended December 31, 1999, which is included in the Company's annual report.
The  Company  believes that the disclosures made herein are adequate to make the
information  presented  not  misleading.

NOTE  2  -  EARNINGS  PER  COMMON  AND  COMMON  EQUIVALENT  SHARE

     Earnings  per  common  and common equivalent share are based on the average
number  of  common  shares and dilutive common share equivalents outstanding for
the  six  months  ended  June  30,  2000  and  1999.

ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF FINANCIAL CONDITION AND
RESULTS  OF  OPERATIONS

GENERAL

     The  following  discussion  contains  forward-looking statements within the
meaning  of  Section 21E of the Securities Exchange Act of 1934, as amended, and
Section  27A  of  the  Securities Act of 1933, as amended, and is subject to the
safe  harbors  created  by those sections.  These forward-looking statements are
subject  to  significant  risks and uncertainties, including those identified in
the  section  of  this  Form  10-QSB  and in the Company's Annual Report on Form
10-KSB,  filed  with  the SEC on May 18, 2000, which may cause actual results to
differ  materially  from those discussed in such forward-looking statement.  The
forward-looking  statements within this Form 10-QSB are identified by words such
as  "believes,"  "anticipates,"  "expects,"  "intends,"  "may" and other similar
expressions.  However,  these  words  are not the exclusive means of identifying
such  statements.  In  addition,  any  statements  which  refer to expectations,
projections  or  other  characterizations  of future events or circumstances are
forward  looking  statements.  The  Company undertakes no obligation to publicly
release  the  results of any revisions to these forward-looking statements which
may  be  made  to  reflect  events  or circumstances occurring subsequent to the
filing of this Form 10-QSB with the Securities and Exchange Commission.  Readers
are  urged  to carefully review and consider the various disclosures made by the
Company  in  this  report  and  in  the  Company's  other reports filed with the
Securities  and  Exchange Commission, including its Form 10-KSB, that attempt to
advise interested parties of the risks and factors that may affect the Company's
business.


                                        8
<PAGE>

INTRODUCTION

     On  December  30,  1998  the  Company acquired all the outstanding stock of
ChemWay  Systems, Inc., a corporation that blends and packages chemicals for the
automotive  aftermarket.  The Company commenced operations of ChemWay on January
7,  1999,  and  during  the  first  quarter of 1999, ChemWay's facilities became
operationally  capable  of providing customers with a full line of its products.
Additionally,  ChemWay  is aggressively pursuing new product lines and marketing
alliances  to expand to a national market.  While this process has been severely
hampered  by  a  lack of adequate working capital, ChemWay has begun to generate
sales  and  is shipping product.  The Company raised approximately $1,005,000 in
private  placements  during the fiscal year ended December 31, 1999, $754,385 of
which  was  used  to  pay  ChemWay  debt and other costs assumed pursuant to the
Purchase  Agreement.  In March 2000, ChemWay secured a mortgage in the amount of
$510,000 on its Cottonwood property in order to retire the first mortgage on the
property  and  thereby  fulfill  a  covenant  of  the  Purchase  Agreement.

     In June 1999, the Board determined to refocus the Company's efforts to grow
the  ChemWay  operation  as  well  as  seek  additional opportunities to provide
immediate  revenue  and  asset  enhancement.  By  December 1999, the Company had
finalized  negotiations  with Michael R. Bradle to acquire an interest in Seneca
Energy  Partners,  L.P.,  and  for  Mr.  Bradle to serve as the President, Chief
Operating  Officer  and  a  director  of  the  Company.  In  order  to  create a
comprehensive  business plan and facilitate planned expansion, in February 2000,
the  Company  hired  Mr.  Barry  Goverman  as  Senior  Vice  President and Chief
Communications  Officer  and  Ms. Catherine A. Tamme as Vice President and Chief
Financial  Officer.  With  the  additional  management  in  place,  the  Company
believes it will be able to more aggressively pursue acquisition candidates that
it  believes will be suited to management's business plan to generate sufficient
revenues  and  provide  an  asset  base  for  continued growth.  When evaluating
acquisitions,  the  ability  to  use leverage in order to reduce the issuance of
stock  will  be a significant factor, especially in the near term.  Management's
business  strategy  is  to  focus  on  the  acquisition of those companies whose
product  or  service  is  technically innovative or market proven and compatible
with  current  operations,  and  whose  market  penetration can be significantly
expanded  through  enhanced  marketing  or  additional  capitalization.

     In  May  2000 the Company signed an agreement with International Investment
Banking,  Inc.  to  facilitate investment banking and capitalization needs.  The
prior  month  (April  2000)  the  Company  signed  an agreement with Stockbroker
Presentations,  Inc.  to  handle  investor  relations  and  the dissemination of
information  concerning  the  Company's  stock.


                                        9
<PAGE>

RESULTS  OF  OPERATIONS

ANALYSIS OF SIX MONTHS ENDED JUNE 30, 2000 COMPARED TO THE SIX MONTHS ENDED JUNE
30,  1999

     The  following  discussion  is included to describe the Company's financial
position  and  results  of operations for the six months ended June 30, 2000 and
1999, respectively.  The financial statements and notes thereto contain detailed
information  that  should  be  referred  to in conjunction with this discussion.

     REVENUES

     The Company recorded revenues of $110,703 for the six months ended June 30,
2000,  compared  with  $405,390  for  the  same period in 1999.  The decrease in
revenues  is  due  in  large  part to a limited availability of working capital.

     GENERAL  AND  ADMINISTRATIVE  EXPENSES

     General  and administrative expenses were $1,606,371 and $1,040,710 for the
six  months  ended  June  30,  2000  and  1999,  respectively.

     Depreciation  and  amortization  was  $240,986  and Operating expenses were
$198,023  compared  to $356,998 and $336,869 for the same period in 1999.  These
decreases  were mainly attributable to decreased salaries, professional fees and
travel  and  entertainment  expenses.

     LOSS  FROM  OPERATIONS

     The  Company  had  an operating loss of $1,972,434 for the six months ended
June  30,  2000  and  $1,867,105  for the same period in 1999.  The loss for the
period  ended  June  30, 2000 was more than the previous year as a result of the
increase  in  general  and  administrative  costs  as  described  above.

     INCOME  TAXES

The Company had no income tax expense.  As of June 30, 2000, the Company had net
operating  loss carryfowards of approximately $9,600,000. The utilization of net
operating  carryforwards  will  be  severely  limited  as determined pursuant to
applicable  provisions  of  the  Internal  Revenue  Code  and  U.  S.  Treasury
regulations  thereunder.

     NET  LOSS

The  Company  had  a  net loss of $1,972,434 ($.10 per share) for the six months
ended June 30, 2000, compared with a net loss of $1,888,523 ($.04 per share) for
the  same  period  in 1999.  The net loss for the six months ended June 30, 2000
was  more  than  the  previous  year as a result of increased administrative and
operating  expenses.


                                       10
<PAGE>

     LIQUIDITY  AND  CAPITAL  RESOURCES

     At  June  30,  2000,  the  Company maintained a negative liquidity position
which  is evidenced by a current ratio of .23 to 1.  Management will continue to
restructure  the  Company  and  seek to increase the Company's current ratio and
liquidity,  and  generate  capital  which  would  provide  cash  flow for future
operations  and  expansion.

     At  June  30,  2000,  the  Company  had  a  working  capital  deficiency of
$1,873,160,  compared  to a working capital deficiency of $1,506,751 at June 30,
1999.  The  cash  balance  at  June 30, 2000 was $7,883 and at June 30, 1999 was
$13,503.

     Cash  used by operations totaled $557,422 for the six months ended June 30,
2000,  compared  to  $537,115  for  the  same  period in 1999. Cash generated by
investing  activities  totaled  $1,504  for  the six months ended June 30, 2000,
compared  to  $4,167  for  the  same period in 1999.  Cash provided by financing
activities  during  the  six  months ended June 30, 2000 totaled $558,319, which
included  the  proceeds  from  the  sale  of  stock.

     FINANCIAL  CONDITION

     Management  plans  to expand the Company by introducing new products and by
developing strategic marketing alliances to promote its existing products in the
national market.  In addition, expansion will also be achieved through selected,
related  industry,  acquisitions  using  leverage,  stock  of  the Company, or a
combination of both.  Management believes that current discussion with investors
will  yield  additional  capital  to  pursue acquisitions and provide sufficient
working  capital  for  future  operations.   There  can be no assurance that the
Company  will  be  able  to raise sufficient additional capital to achieve these
objectives  or  meet  its  working  capital  needs.


PART  II  OTHER  INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS

     From  time  to  time,  the Company is involved in various legal proceedings
arising  in  the ordinary course of business.  There is a claim that was made by
an  individual  that was formerly employed by an unrelated company.  The Company
does  not  believe  that  this  claim  has  merit.

     There  is  a lawsuit filed June 23, 2000, in the Judicial District Court of
Harris  County,  Texas,  by an employee claiming breach of contract.  Management
feels  there  is  no  merit  to  this  claim.

     There  is a lawsuit filed July 26, 2000, in the District Court of Matagorda
County,  Texas,  received  subsequent  to  June  30,  2000,  management has only
preliminarily  reviewed  the  claim  and  at  this  time has not had the time to
determine  the  merit  or  materiality  of  the  claim.


                                       11
<PAGE>

     At  the  time  of the acquisition of ChemWay, a number of vendor claims had
been  incurred  in  the  normal  course  of  business.  Since the acquisition of
ChemWay,  several  of the items have been paid and the Company believes that the
final  disposition  of  the items will not have a materially adverse effect upon
the  financial  statements  of  the  Company.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

A.     EXHIBITS

EXHIBIT
NUMBER        DESCRIPTION
------        -----------

10.1          Consulting Agreement by and between Stockbroker Presentations,
              Inc.  and  Affiliated  Resources  Corporation,  dated  April  26,
              2000.

10.1.1        Addenda  "A"  to  the  Consulting  Agreement  by  and  between
              Stockbroker  Presentations,  Inc.  and Affiliated Resources
              Corporation dated  April  26,  2000.

10.2          Investment  Banking  Engagement  Agreement  by  and  between
              International  Investment  Banking,  Inc.  and Affiliated
              Resources, Dated  May  3,  2000.

B.     REPORTS  ON  FORM  8-K

     None.


                                   SIGNATURES

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

                                       AFFILIATED  RESOURCES  CORPORATION



Dated:  August  21,  2000     By:     /s/  Peter  C.  Vanucci
                                      ----------------------------
                                      Peter  C.  Vanucci,  Chairman  and  CEO


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