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

                           UNITED STATES
                  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 period ending December 31, 2000

          or

      [ ]  Transition Report Pursuant to Section 13 or 15(d) of
           the Securities Exchange Act of 1934

                    Commission file number 0-18612

           I.R.S. Employer Identification Number 84-1062555

                    TV COMMUNICATIONS NETWORK, INC. ("TVCN")

                       (a Colorado Corporation)
                     10020 E. Girard Avenue, #300
                        Denver, Colorado  80231
                      Telephone:  (303) 751-2900
                        Fax:   (303) 751-1081


     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 and Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such report(s), 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 practicable
date: 68,469,788 shares of TVCN's Common Stock ($.0005 par value)
were outstanding as of December 31, 2000.












         TV COMMUNICATIONS NETWORK, INC. AND SUBSIDIARIES
                             INDEX

PART I.   FINANCIAL INFORMATION

Item 1.   Financial Statements:

          Consolidated Balance Sheet as of December 31, 2000
          (unaudited) and March 31, 2000. . . . . . . . . . 3

          Consolidated Statement of Operations for the Three
          and Nine months ending December 31, 2000 and 1999
          (unaudited) . . . . . . . . . . . . . . . . . . . 4

          Statements of Cash Flow for the Nine months ending
          December 31, 2000 and 1999 unaudited). . . . . . 6

Item 2.   Management's Discussion and Analysis of Financial
          Condition and Results of Operations . . . . . . . 8


PART II.  OTHER INFORMATION. . . . . . . . . . . . . . . .  13



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































PART I.     FINANCIAL INFORMATION


ITEM 1.     Financial Statements




        TV COMMUNICATIONS NETWORK, INC. AND SUBSIDIARIES
                 Consolidated Balance Sheet
                   December 31, 2000


<TABLE>
<CAPTION>

                                 Audited            Audited
                             Dec. 31, 2000        Mar. 31,2000
                               _____________        ____________
<S>                                <C>                 <C>
Current Assets:

     Cash                      $    522,249         $ 1,147,712
     Investments                    666,290           2,188,477
     Accounts Receivable              5,267               6,855
     Inventory                       73,400              88,017
     Notes Receivable                35,800              37,600
     Deferred income taxes          119,585             119,585
     Other Current Assets            41,972             74,597
                                ____________         ___________
     Total Current Assets      $  1,464,563         $ 3,662,843


Property and Equipment-Net     $    735,168         $   715,945
Property and Equipment, net
 Discontinued operations                                207,018

Other Assets:
     License Agreements - Net     1,087,272            1,196,726
     Deferred income taxes        1,874,525            1,436,652
     Loan Origination Fees          531,000
     Other assets                    82,196               80,504
     Reclamation bonds disc.
      operations                    -0-                   42,183
                               ____________         ____________
     Total Other Assets        $  4,310,161          $ 2,756,065

Total Assets                   $  5,774,724          $ 7,341,871
                               ============         ============
</TABLE>







                 LIABILITIES AND STOCKHOLDERS' EQUITY
<TABLE>
<CAPTION>
                             Unaudited                Audited
                            Dec. 31, 2000          Mar. 31, 2000
                           ______________         ______________
<S>                            <C>                      <C>
Current Liabilities:
     Account Payable        $   549,404             $  182,879
     Accounts Payable-discont.
      operations                                        97,741
     Accrued Expenses           476,004                465,259
     Current portion of
      Long-Term Debt            115,876                199,174
     Current maturities of Long
      Term Discon.               37,500                 37,500
      Subscribers Deposits        6,365                  5,885
                           ______________         ______________
     Total Current
      Liabilities           $ 1,185,149            $   988,438

Long-term Liabilities:
     Long-term Debt         $ 1,174,390            $ 1,128,789
     Advances from
      Stockholder               201,154                262,620
                            _____________         ______________

Total Long-Term Liabilities $ 1,375,544            $ 1,391,409

Total Liabilities           $ 2,560,693            $ 2,379,847

Stockholders' Equity
     Class A preferred stock, $1 par
      value; none issued or
      outstanding                 -0-                    -0-
     Class B preferred stock, $1 par
      value; 28,813 shares issued and
      outstanding                28,813                 28,813
     Class C preferred stock, $1 par
      value; none issued or
       outstanding                -0-                    -0-
     Class D preferred stock, $1 par
      Value; shares outstanding   -0-                    -0-
     Common Stock, $.0005 par value;
     100,000,000 shares authorized;
      68,469,788 outstanding     34,235                 34,235
      Additional Paid in
       Capital                8,518,039              8,518,039
      Accumulated (Deficit)  -5,367,056             -3,619,063
                            _____________          _____________
      Total Stockholders'
       Equity               $ 3,214,031            $ 4,962,024
                            _____________          _____________
Total Liabilities and Stockholder's
 Equity                     $ 5,774,724            $ 7,341,871
                            =============          =============
</TABLE>

            TV COMMUNICATIONS NETWORK, INC. AND SUBSIDIARIES
                 Consolidated Statement of Operations
     Three Months Ending December 31, 2000 and 1999 (Unaudited)
<TABLE>
<CAPTION>
                            Unaudited               Unaudited
                          3 Months Ending         3 Months Ending
                           Dec. 31, 2000           Dec. 31, 1999

      <S>                       <C>                       <C>

Revenue-Operations           $  37,905.88              $   45,782
Revenue-Sold Cable           $    -0-                  $    -0-
  Operations
Revenue Lawsuit Settlement   $    -0-                  $    -0-
Interest Income              $   8,702.16              $  110,074

     Total Revenue           $  46,608.04              $  155,855
                              ============            ============
Operating Expenses:
     Salaries and Wages      $ 140,068.12              $   90,787
     Programming Fees            9,659.64                   9,789
     Cost of Goods Sold                                     -0-
     Mine Development                                       -0-
     General and
      Administrative           620,472.84                 185,213
     Depreciation and
      Amortization             102,416.94                  61,957
     Interest                $   1,874.94               $   6,368

     Total Expenses          $ 874,492.48               $  354,113

Operating Income(loss)       $-827,884.44              $  -198,228
Estimated Income Tax                                        -0-
                            _____________              ___________

Gain On Sale of Assets                                   $ 111,431
Income (loss) before          -827,884.44
income tax
Income (loss) after
Income tax                                               $ -86,827
Income Tax Expense- Deferred  $    800.00                $-118,223

Net (loss) income from
 Continuing                   $-828,684.44               $  31,396
Gain from discontinued
 operation                    $ -51,218.08               $ -14,757

Net Loss                       -879,902.52                 -16,639

Weighted Average Common
 Shares Outstanding 68,469,788

Net Income Per Share            -.01                       -.0003
                           ===============             ===============
</TABLE>

<TABLE>
<CAPTION>

        TV COMMUNICATIONS NETWORK, INC. AND SUBSIDIARIES
         Condensed Consolidated Statement of Operations
    Nine Months Ending December 31, 2000 and 1999 (Unaudited)

       <S>                         <C>                     <C>
                           9 Months Ending         9 Months Ending
                            Dec. 31, 2000            Dec. 31, 1999

Revenue - Operations        $    458,156             $   300,443
 Interest Income                  68,128                 168,494
     Total Revenue          $    526,284             $   468,937
                           ==============          ==============

Operating Expenses: Profit

     G&A Expense             $
     Less MEICO
     Less Planet Internet
     Salaries and Wages      $   382,073              $  290,726
     Programming Fees             27,527                  26,424
     Cost of Goods Sold            -0-                     -0-
     Mine Development              -0-                     -0-
     General and
      Administrative           1,805,970                 950,591
     Depreciation and
      Amortization               318,867                 280,934
     Interest               $     70,529           $      67,247

     Total Expenses            2,604,966               1,615,923

Operating Income (Loss)     $ -2,078,682           $  -1,146,986

Gain on Sale of Assets                             $     244,290

Income Loss Before Income
 Taxes                      $                      $    -324,979
Income Tax Expense-
 Deferred                   $    -412,943          $     118,223

Net (loss) income from
 continuing                 $  -1,665,739          $    -206,756
Loss from discontinued
 operation                  $     -82,291          $     -22,735

Net Loss                    $  -1,748,030          $    -229,491

Weighted Average Common Shares
 Outstanding 68,469,788
Net Income Per Weighted
 Common Share               $    -.03               $       -.01
                           ==============           =============
</TABLE>

<TABLE>
<CAPTION>

           TV COMMUNICATIONS NETWORK, INC. AND SUBSIDIARIES
           Condensed Consolidated Statement of Cash Flows
      Six Months Ending December 31, 2000 and 1999 (Unaudited)

                           9 Months Ending       9 Months Ending
                            Sept. 31, 2000         Dec. 31, 1999

  <S>                           <C>                   <C>
Cash Flow From Operating
 Activities                $ -1,748,030            $   -229,491
Net Income (loss)
Adjustment to reconcile net
 income (loss) to net cash
 used in operating  activities:
    Depreciation and
    Amortization                318,867                 325,205
Change in certain assets
 and liabilities:
     Gain on Sale of Real
      Estate                      -0-                     -0-
     Accounts
      Receivable                  1,588                  22,016
     Taxes
      Payable                     -0-                   -0-
     Inventory                   14,617                  -5,741
     Prepaid Expenses          -531,000                 -87,000
     Accounts Payable          -268,784                -167,615
     Accrued Expenses            10,745                -430,211
     Subscriber Deposits            480                     553
     Deferred Gain                                       34,500
     Deferred Taxes            -437,873                -118,222
     Other Assets          $     73,151           $      47,349

Cash flows used in
 operating Activities     $  -2,028,671           $  -1,430,664


Cash Flows From Investing Activities:
     Net Investing
      Activity            $   1,522,187            $   -443,456
     Proceeds From Sale
      of Real Estate                                  1,262,077
     Property & Equipment
      Purchases                -131,072               1,567,368
     Investments
     Property & Equipment
     Notes Receivable             1,802                 -32,678
     Other                $       -0-                 $      3,675

Cash Flows provided by investing
 activities:              $   1,392,917            $  2,356,986



Cash Flows From Financing Activities:
     Payments of Stockholder
      Advances            $     -61,466           $      47,230
     Long-term Debt             -37,697                 -841,121
     License Agreements         109,454                     -19
                           ______________          _____________

     Cash flows used in financing
      Activities          $      10,291            $    -393,839

     Net Increase (decrease)
      in Cash                  -625,499                 -160,464
      Cash - Beginning
       of Year            $   1,147,712            $     852,367
      Cash - End of Year        522,249            $     691,893
                           ______________          _____________
     Cash - End of Period $     522,249            $     691,893
                           ==============          =============

</TABLE>



        TV COMMUNICATIONS NETWORK, INC. ("TVCN") AND SUBSIDIARIES
                   Notes to Financial Statements
                 Dec. 31, 1999 and 2000 (Unaudited)

Summary of Significant Accounting Policies

The summary of TVCN's significant accounting policies are
incorporated by reference from our Annual Report on Form 10-KSB,
for Fiscal Year ending March 31, 2000.

The accompanying unaudited consolidated financial statements
include the accounts of TVCN, and its wholly-owned subsidiaries.
All material and inter-company accounts and transactions have
been eliminated in consolidation.


Interim Unaudited Financial Statements

Information with respect to December 31, 2000, and December 31,
1999, and the periods then ended have not been audited by our
independent auditors, but, in the opinion of management, reflect
all adjustments (which include only normal recurring adjustments)
necessary for the fair presentation of our operations.  The
results of operations for the three and nine months ending
December 31, 2000, and December 31, 1999, are not necessarily
indicative of the results of the entire fiscal year.

The preparation of the interim report is based on the same
accounting standards, and the statements are in conformity with
Generally Accepted Accounting Principles (GAAP).  Management
believes there are no material misstatements.



Earnings Per Share

Net income per common share is based on the weighted
average number of 68,469,788, and 50,835,954 common shares
outstanding for 2000 and 1999, respectively.

Income Tax

From its inception on July 7, 1987, we have incurred
operating losses through March 31, 1999 which included certain
accrued expenses that are not deductible for tax purposes until
paid, and has net operating loss carry forwards available to
offset future year taxable income.  TVCN has the following net
operating loss carry forwards:

                        Net Operating            Year of
                     Loss Carry forward        Expiration

Year ended March 31, 2000   $4,200,000               2014


ITEM 2.     Management's Discussion and Analysis of Financial
            Conditions and Results of Operations



Wireless Cable TV ("WCTV") Operations

Our main business activities since inception in 1987 has
been obtaining TV channel leases, and the acquisition and the
development and sale of Wireless Cable TV (WCTV) licenses and
stations.  The development of Wireless Cable TV stations to their
full growth potential requires substantial capital resources
which have not been adequately available to us.  As a result we
have been able to only partially develop certain of the stations,
while holding other stations and/or licenses without development,
and selling such stations and/or licenses to potential buyers at
a profit.

Currently, TVCN is operating a WCTV station in Salina, KS,
and San Luis Obispo, CA.  Additionally, we are leasing the WCTV
stations in Mobile, AL and Woodward, OK to non-affiliated
entities.  These stations have a limited number of TV channels
and subscribers.  The revenues generated from these stations are
very limited and are not sufficient to cover our expenses.
Neither the revenues nor the number of TV channels of the
operating Wireless Cable TV stations are expected to increase
materially any time soon.  We also have a small (four-TV
channels) wireless station in Hays, KS, which is not producing
any revenues.  In cooperation with our affiliate, Multichannel
Distribution of America ("MDA"), Inc., TVCN has constructed four-
channel WCTV stations in Myrtle Beach, SC, and Scottsbluff, NE.
MDA is owned and controlled by TVCN's president.  For more
detailed information, see "Wireless Cable TV ("WCTV") Operations"
in TVCN's amended 10-KSB/A for the period ended March 31, 1999.


TVCN is involved in a three-way transaction with our
affiliate, Multichannel Distribution of America ("MDA"), and
Heartland Communications of Plano, TX (now known as NUCENTIX
Broadband).  Under the transaction, we acquired a four-TV channel
station in Quincy, IL from MDA for the issuance of 8,507,460
restricted shares of our common stock to MDA, and subsequently
assigned and transferred the station and its license to
Heartland.  In exchange for the assignment and transfer, among
other things, we acquired from Heartland the right to obtain
additional TV licenses in Salina, KS.  The transaction received the FCC's
aprroval, on December 7, 2000, (see the section "Quincy, Illinois
and Salina, Kansas" in the amended 10-KSB/A for the period ended
March 31, 1999).

In 1996, the FCC divided the country into Basic Trading
Areas ("BTAs"), and conducted an auction to sell certain rights
under the Wireless Cable frequency spectrum in which winners were
given the right to obtain the licenses for all parts of the
vacant commercial WCTV spectrum within the Basic Trading Areas.
Our company participated in the FCC auction and won the right to
12 BTAs throughout the USA (see "The FCC Spectrum Auction" in
TVCN amended 10-KSB/A for the period ended March 31, 1999).

The construction, development and operation of Wireless
Cable TV stations requires substantial financial resources.  We
have not yet finalized our plans with respect to the development
of stations in these BTAs.  The development is dependent on our
ability to obtain substantial capital resources.  There is no
assurance that we will obtain sufficient financing to develop
such stations.  In the meantime, we will attempt to sell our
rights and interest in the BTAs and its existing Wireless Cable
stations.  There can be no assurance of success.

Historically, Wireless Cable stations have been limited to a
one-way transmission; broadcasting cable TV programming over the
air to potential subscribers.  However, in October, 1998, the FCC
changed its rules so that it allowed the use of the channels for
two-way communications.  Using the concept of "cellular phone" or
"cellular communications", the frequencies can now be used for
two way communications connecting customers directly with long-
distance telephone networks, circumventing local telephone lines.

As a result, long-distance telecommunications companies such
as Sprint and MCI Worldcom began to acquire WCTV companies.

Based upon the foregoing, we believe that this might be an
opportune time to sell our Wireless Cable TV stations, licenses
and rights and interest in the BTAs.  TVCN has approximately 1.1
million households in its markets.  We have contacted Sprint, MCI
and others about the possibility of selling Wireless Cable
assets.  It is impossible to predict as to the outcome of such an
effort.





  Reema International Corp.

In 1993, TVCN incorporated a wholly-owned subsidiary under the
name Reema International Corporation ("Reema") for the purpose of
evaluating and developing a Gas-To-Liquids ("GTL") process.  The
process converts natural gas into finished products such as diesel,
jet fuels and other specialty products.  Additionally, Reema began
to negotiate with various gas producing countries around the world
the possibility of constructing and operating commercial Gas-To-
Liquids plants at gas fields.

GTL Plant

A typical Gas-To-Liquids conversion plant consists of three major
units. The first section is a gasification or gas reforming unit for
converting natural gas into syngas (a mixture of hydrogen and carbon
monoxide).  The second step is the Fisher-Tropsche process unit in
which the syngas from the first step is converted into "soupy" waxy
hydrocarbon products.  The last unit is for hydrocracking /
hydroisomerization of the wax into the desired product mix such as
diesel, jet fuel, naphtha, etc.  The front end (gasification) and the
back end (hydrocracking) units of the plant are relatively standard
commercial units that are commercially available today and have been
in use for about 40 years. The Fisher-Tropsche process itself is not
new.  It was used by the Germans as early as the 1920's who first
converted coal into syngas, which was then fed into the Fisher-
Tropsche process for conversion into transportation fuels.  South
Africa used the Fisher-Tropsche process in the 1950's.  However,
because of the inefficiency of the early processes, the old Gas-To-
Liquids technology was not commercially viable.  In 1992, Sasol of
South Africa began to experiment on a 2,500 bpd Gas-To-Liquids plant.
The initial focus was on the production of the high-value wax.  It is
believed that Sasol is now working on the production of transportation
fuels, but no information is currently available on such work.

It wasn't until 1993 that Shell built the first commercial Gas-To-
Liquids plant in Malaysia.  However, the Shell plant reportedly
focused on the production of high-value products such as solvents,
detergents, lubricants and wax, instead of transportation fuels.
The capital cost of the Shell plant reportedly was in excess of
$850 Million, and the production capacity was 12,500 barrels per
day.  In 1997, a fire destroyed part of the plant and it is not
known to us if the plant is currently in operation.  The giant oil
company Exxon announced recently that it has completed the
construction of a pilot Gas-To-Liquids plant for the production
of 250 barrels per day of transportation fuels.

As of March 31, 2000, Reema's activities were limited to the
research and development of the technology, and the negotiations
with various governments of gas producing countries, and with
various financial institutions, engineering firms, manufacturers,
vendors, and suppliers. Reema has generated no revenues from these
activities, nor does it expect to generate any revenues any time
soon, and does not have any Gas-To-Liquids plants under operation or
construction.  Reema is simply negotiating with various entities
the possibility of constructing its first plant, of which there
can be no assurance of success.

Memorandum of Understanding

After years of negotiations, in December of 1997, our subsidiary,
Reema, and the government of Trinidad and Tobago signed a Memorandum
of Understanding ("MOU") for the construction and operation of a Gas-
To-Liquids plant in Trinidad.  The proposed Gas-To-Liquids conversion
plant will employ Reema's patented and proprietary technological information.
Reema's plant in Trinidad will use natural gas from Trinidad.  On
June 11, 1999, The National Gas Company of Trinidad and Tobago
Limited (a government agency) and Reema International Corporation
signed a "Term Sheet For Supply of Natural Gas Agreement."

The Agreement sets forth the terms and conditions for a  definitive
agreement, and the obligations of both parties that must be
satisfied before the signing of a definitive agreement. No
ssurance can be given that the definitive agreement will be
executed.  If and when the proposed plant is constructed
successfully, of which there can be no assurance, the natural
gas will be converted into approximately 10,000 barrels per day
of quality finished petroleum products such as sulfur-free
diesel, jet fuel, naphtha and others.

Financing and Constructing the GTL Plant.

The initial capitalization of the Gas-To-Liquids plant in Trinidad
is expected to be between $275 and $300 million, for a production
capacity of 10,000 barrels per day over a period of at least 20 years.
Reema has been discussing various financing options with financial
institutions and interested parties.

Reema estimates that a substantial time period will elapse while
building the plant and before it is capable of producing commercial
output in a sustainable and reliable fashion.  Progress during this
time period can be measured by evaluating the project in three
distinct and overlapping phases.

The Start Up phase is estimated at six months.  During this Phase
the engineering design specification, the capital cost
of the Plant, along with all related matters and parameters which
have been provided by Reema, will be refined and defined. The various
manufacturers, licensors, subcontractors and others will be identified
and evaluated.  The procedures for the project Execution Plan will
be developed and issued in this Phase.

The second phase is the Design and Documentation phase in which all
procedures, scheduling, planning and specifications will be further
defined and documented.  This includes materials management, labor
requirements, logistics, instrumentation, architectural drawings and
layouts, among other items, and all engineering design activities that
are necessary to completely define the Project scope and make it ready
for the next phase. The second phase may also last about six months and
may overlap other phases.

The third and last phase is the Engineering, Procurement and Construction
("EPC").  The EPC Execution Plan will be reviewed, finalized and
implemented during this phase.  By the end of this phase, the Plant
construction will be completed, and the Plant will become operational.
The completion of this phase may take 28 to 36 months, or longer,
depending on many factors that will be determined in due course.

Reema will incur costs during these phases related to the work then in
progress.  However, this work will commence, and these costs will be
incurred, only if Reema is successful in obtaining financing from an
independent third party or parties.  Until the time that sufficient
funding is secured and work commences, TVCN will continue to fund
Reema's operations and its efforts to obtain financing.  We believe
that TVCN has sufficient cash and assets to continue to make such
funding available for at least an additional twelve months.

In order to secure the $300 million financing, Reema has approached many
potential lenders, potential joint venture participants and potential
project partners.  As of December 31, 2000, no single financing
approach has resulted in Reema obtaining any of the funding necessary
to commence the Project.  If financing is not secured, Reema stands
to loose the gas supply that it is provisionally promised by the
National Gas Company of Trinidad and Tobago Limited pursuant to
the "Term Sheet For Supply of Natural Gas Agreement."

Morgan Weinstein & Co., Inc.'s Proposed Loan.

On May 10, 2000, Reema signed a Funding Proposal Agreement with a private
commercial funding source, Morgan, Weinstein & Co., Ltd., to provide
Reema with a proposed loan of $150 million for the construction of the
first gas plant project in Trinidad.  The lender is entirely independent
of Reema International, TVCN or any affiliate thereof.  As of the date
of this document, the proposed loan has not closed and there can be no
assurance that the proposed loan will in fact close.  The proposed loan
is for a twenty year period and carries an interest rate tied to the
London Inter Banking Operation Rate.  TVCN paid all of the costs and
expenses associated with procuring this proposed loan including a
loan origination fee of $150,000 paid in fiscal year 1999.

On or about July 13, 2000 in response to Reema's request to increase
the loan amount from $150,000,000 to $300,000,000, the lender amended
the May 2000 agreement.  Per the amendment, the loan amount was increased
from $150,000,000 to $300,000,000.  On Reema's behalf, TVCN paid the
$300,000 retainer fee.  On July 31, 2000, Reema received confirmation
from the lender that the "Funding Proposal" dated May 10, 2000, had been
increased.

As a result of Morgan Weinstein's lack of progress in processing
and funding the proposed loan, as of December 31, 2000, Reema no
longer considers this to be a viable funding alternative.  As a
result Reema has turned its attention to other funding
alternatives and prospects.

Reema also learned, during this third quarter, that Morgan Weinstein
is the subject of a criminal investigation being undertaken by the
United States Department of Justice.  Morgan Weinstein has had its
books, records and assets seized.  While Reema does not know the reason
for this investigation and has no ability ot predict the eventual
outcome of it, these events make the likelihood of Morgan Weinstein
successfully obtaining financing for the GTL Plant construction
increasingly remote.  See TVCN's Form 10-KSB Amendment No.2, Part I,
Item 1, under the heading "Reema International Corp." for the specific
arrangements regarding compensation required by Morgan Weinstein & Co.,
Ltd. and agreed to by Reema.

Other Lending Sources.

During fiscal year 2000, Reema has continued to identify potential
lenders for financing the gas to liquids plant.  Although no loans
have closed, Reema has procured non-binding agreements.  TVCN has
paid a total of $531,000 to potential finders (none of which is an
affiliate of TVCN or any of its affiliates) as loan origination or
finder fees.

Other Developments regarding the G-T-L Plant.

On or about June 5, 2000, Reema signed an agreement with Parsons
Energy and Chemical Group, Inc. To commence the engineering, design,
procurement and construction for the proposed gas to liquids plant
in Trinidad. The agreement required Reema to pay Parsons a minimum of
$394,000, of which $314,000 was paid by TVCN in fiscal year 2000.
Upon the engineering design completion, the desired manufacturers,
vendors, suppliers and sub-contractors necessary for the procurement
and construction of the Plant will be selected through a bidding
process. The engineering design, procurement and construction of
the Plant is expected to be completed in about three years. The
complete contract including Exhibit A thereto entitled "Initial
Engineering Phase, Scope of Services," is appended as Exhibit 10.4
hereto.

During calendar year 2000, through December 31, 2000, Reema incurred
expenses associated with the gas to liquids project including legal
expenses of $105,653 travel expenses of $67,792 and administration
expenses including labor and consulting fees of $593,768.  TVCN has
paid these expenses on behalf of Reema.

We continued our discussions and negotiations with various financial
institutions, manufacturers, vendors and suppliers.  But, no agreement
has been signed with any of said entities, and none is expected until
after the engineering design is completed and the procurement process
is commenced.  There is no assurance that agreements can be negotiated
and executed with any of said entities, and if executed, they will be
favorable to the Company. Based on our management experience and that of
Parsons, and on the early discussions and negotiations with various
entities, we are confident that the $300 million financing will be
obtained in due course. However, no assurance can be given that we will
obtain all necessary financing.  Further, even if the entire $300 million
financing is obtained, no assurance can be given that the proposed Plant
can or will be designed and constructed successfully.

Gas-To-Liquids Competition

While the Gas-To-Liquids technology is at its infancy, the competition
in this new emerging technology and industry is expected to be intense.
We do not expect the competition to adversely affect the implementation
of the first Gas-To-Liquids project in Trinidad, but this possibility
exists.  In our attempt to negotiate similar agreements with other gas
producing countries around the world, we will be competing against giant
companies such as Exxon, Shell and others which have vastly greater
resources and capabilities.  Even with what we hope will be the success
of constructing the first Gas-To-Liquids plant in Trinidad, we will be
facing extremely tough competition for constructing additional plants.
There is no assurance that the Company will be able to succeed in
constructing any Gas-To-Liquids plant.

Premium Quality of Gas-To-Liquids Produced Products

A frequently reported cause of air pollution in some regions is
the presence of sulfur and other impurities in crude oil-derived
products.  Additionally, aromatics are the major cause of engine
wear and tear.  Governments are constantly limiting the contents of
sulfur and other impurities in crude oil-based products in order to
curb the rising levels of pollution.  The recent announcement in
California regarding the danger of diesel produced from crude oil
underscores the significance of the Gas-To-Liquids process.  On
August 27, 1998, United Press International reported that
"California has become the first state to declare that soot
emitted in diesel exhaust is a cancer threat that requires new controls.
On August 28, 1998, the Denver Rocky Mountain News reported eleven
members of the California Air Resources Board  "voted unanimously
to declare 40 chemicals found in (crude oil-derived) diesel exhaust as
toxic air pollutants." Further, the Associate Press reported on May 17,
2000, that the Federal National Toxicology Program said: "cancerous
tumors have been found in rats after exposure to diesel exhausts",
produced from crude oil, and that such diesel exhausts "are reasonably
anticipated to be a human carcinogen."  The same report said that the
White House intended to propose a new regulation that would require
refineries to reduce sulfur content in crude-oil produced diesel by 97%
in seven years.  Prior to his departure from the White House,
President Clinton signed an order concerning the new regulation.

In contrast, we are unaware of any material negative environmental
aspects of the gas to liquids process.  Diesel and jet fuel
processed and produced by the Gas-To-Liquids process will have
zero sulfur, zero aromatics, higher cetane, and a higher smoke
point.  The quality of the finished products of Reema's process
is expected to be so premium that it can be used as a blend with
the products derived from crude oil in order to improve their
quality and meet an ever-increasing stringent pollution standard
requirements.  Reema is a wholly-owned subsidiary of TVCN.

Internet Business Opportunities

On February 16, 1996 TVCN incorporated its wholly-owned subsidiary,
Planet Internet Corp. as an Internet Service Provider.  Planet Internet
provided internet service to subscribers.  By March 31, 1999, Planet
had 836 subscribers, and was running a negative cash flow of about
$40,000 per month.  On May 18, 1999, TVCN signed an agreement to sell
certain assets with the purchaser, "BeWell Net Corp." of Parker, CO,
assuming certain liabilities of Planet Internet Corp.  The net sale price
was $1,508,640 payable in common stock of BeWell Net.  Accordingly, we
received 301,728 shares of the common stock of BeWell Net valued at
$137,170 which reflected the carrying value of the net assets of Planet
Internet while deferring the gain of $466,286 until realized. As a result,
no gain on the sale of Planet Internet was realized.

TVCN allocated but has not transferred yet 80,000 BeWell Net Corp. shares to
various employees as performance bonuses.  The 301,728 shares of BeWell Net
represents 3.85% of the total issued and outstanding shares of BeWell Net's
common stock.  BeWell Net is a private company and has no public trading
market for its stock. TVCN continued to assume certain debt
responsibilities of Planet in the amount of $53,515.  The sale was
completed in August, 1999, and accounted for as an investment in BeWell
Net stock.

Revenues

The net operating loss for the quarter ended December 31, 2000 was
$879,902 as compared to $198,228 for the same period ending
December 31 1999.  The loss is increased due to mainly for
Reema's consultants and additional engineering for the Trinidad Project.

The total revenues for the three and nine months period
ending December 31, 2000 were $46,608 and $526,284 respectively,
as compared to 155,855 and 468,937 for the same periods ending
December 31, 1999.

Operating Expenses

Total operating expenses for the three and nine months period ending
December 31, 2000, are $874,492 and 2,604,966 respectively as
compared to 354,113 and 1,615,923 during the same periods ending December 31,
1999.

The increase in salaries and wages is due to Reema.  The increase in
programming fees is due to the rate increase in programming in both
operating systems.  The increase in Cost of Goods Sold is due primarily
to JBA Wholesalers.  The increase in General and Administrative Expense
is due mainly for Reema's Consultants and additional engineering for the
Trinidad Project.  The decrease in Depreciation and Amortization reflects
the purchase of the Salina BTA.  The increase in Interest Expense is due
 to the purchase of the Salina BTA.

Liquidity and Capital Resources

TVCN initially financed its growth through private loans and
private financing.  We will finance our future growth primarily
from the sale of assets and possibly through further private
financing, of which there can be no assurance of success.

To date, we have not engaged in any debt financing, with the
exception of the BTA's funding through the FCC, and the purchase
of the internet equipment which was assigned and transferred to
BeWell Net as part of the sale of Planet.  The lease underlying
such equipment will also be transferred to and assumed by BeWell.

The sales of the Denver, Colorado, Washington, D.C., and
Detroit, Michigan systems for approximately $17.5 million with a
resulting gain of $15.5 million, the sale of the Rome, Georgia
station for $2.0 million, and the sale of other assets have been
adequately covering TVCN's liabilities along with allowing TVCN to
develop other wireless cable TV markets in the United States and
explore other business opportunities domestically and
internationally.

Currently, TVCN has $1,375,544 in long term debt which is
primarily for the purchase the Basic Trade Area rights purchased
during the FCC BTA Auction, and for equipment purchases.

TVCN's current assets and liabilities are $1,464,563 and
$1,185,149, respectively.  TVCN's cash position is such that
management anticipates no difficulty in its ability to meet its
current obligations.  TVCN currently has investments of $69,182
in government securities.

Accounts Receivable and Payable

In connection with the sale of the Detroit system, all
payments and notes underlying the sale have been paid to TVCN.
Thus the slight decrease in notes receivable as of December 31, 2000
is due to the further reduction of note payments.

The decrease in assets is due primarily to the sale of
certain assets in the previous fiscal year and the decrease in
liabilities is the result of the sale those same assets.

Advance from Stockholders

The president of TVCN has had to advance loans to the
Company in its early years.  As of September 30, 2000, these loans
totaled $45,434.Because of TVCN's cash requirements, Mr. Duwaik
advanced in November, 2000, an additional loan of $155,732.  This
makes the total advances made by Mr. Duwaik to TVCN as of December
31, 2000 equal to $201,154.  Mr. Duwaik has expressed his willingness
to convert these advances and his deferred compensation into equity
by receiving restricted shares of TVCN: common stock.  Mr. Duwaik
bought 81,200 shares from the open market in May and June, for which
the Company had paid him back a certain amount to reduce the loans
owed to him.  Form 4 was filed by him concerning his purchases.




PART II.     OTHER INFORMATION

ITEM 1.      Legal Proceedings

In connection with its past investment in mining
operations, TVCN filed a law suit against Ray Naylor, et al.
The case is still pending.  Other than said case, and except as
noted under the heading Frederick Case Settlement, as detailed
in TVCN's 2000 Annual Report, as amended, for the period ended
March 31, 1999 TVCN knows of no material litigation pending,
threatened or contemplated, or unsatisfied judgment against it,
or any proceedings in which TVCN is a party.  TVCN knows of no
material legal actions pending or threatened or judgments entered
against any officers or directors of TVCN in their capacity as
such in connection with any matter involving TVCN or the business.

ITEM 2.     Changes in Securities

               There have been no changes in TVCN's securities since
               January 4, 2000.

ITEM 3.     Default Upon Senior Securities

               None.

ITEM 4.     Submission of Matters to a Vote of Security
               Holders
               None.

ITEM 5.     Other Information.
On December 31, 2000, Bradford J. Lam, Esquire
resigned his position as Vice President.  On
January 30, 2001, Mr. Lam resigned from his
position as General Counsel effective
February 10, 2001.  Mr. Lam will continue to
provide legal services on an independent basis
as an outside counsel.

ITEM 6.     Exhibits and Reports on Form 8-K.

Exhibits (The following exhibits were previously filed with the
Commission and are incorporated by this reference)

Exhibits.

3.1.1 Copy of the Certificate of Incorporation of the Corporation
(incorporated by reference to the Exhibits filed with the Registration
Statement dated September 28, 1987, File No. 33-16113-D).
3.1.2 Copy of Amendment No. 1 to the Certificate of Incorporation
(incorporated by reference to the Form 10-KSB for the period ended March 31,
1989, File No. 33-16113-D).
3.1.3 Copy of Amendment No. 2 to the Certificate of Incorporation
(incorporated by reference to the Form 10-KSB for the period ended March 31,
1995.  File No. 33-16113-D).
3.2  Copy of the By-Laws of the Corporation (incorporated by
 reference  to the  Exhibits filed with the Registration
 Statement dated September 28, 1987, File No. 33-16113-D).

10.   Material Contracts.

10.1 Memorandum of understanding dated December 17, 1997, between
      The National Gas Company of Trinidad and Tobago Limited and
  Reema International Corp. (incorporated by reference to the
  Exhibits filed with the Form 10-KSB, Amendment No. 2 for the
  period ended March 31, 1999. (File No. 0-18612).  (This
  document was filed January 7, 2000).
10.2 Acquisition Agreement dated May 18, 1999, between BeWell Net
      Corporation ("Buyer") and TV Communications Network, Inc. /
Planet Internet Corporation ("Seller").  (Incorporated by
reference from the Form 10-KSB, Amendment No. 1 for Fiscal
Year ended March 31, 1999) (Filed October 12, 1999).
(File No. 0-18612).

10.3.i   April 18, 2000, Letter of Agreement among First National
      Group and Reema International Corp. outlining terms pursuant
      to which First National will broker transaction procuring
      financing for GTL Plant. (Incorporated by reference from the
      Form 10-KSB, Amendment No. 2, for fiscal year end March 31,
      2000, filed on January 29, 2001. (File No. 0-18612).

10.3.ii  May 8, 2000, Non-binding Letter of Commitment to provide
$150,000,000 in financing by Morgan, Weinstein & Co., Ltd. to Reema
International Corp. (Incorporated by reference from the Form 10-KSB,
Amendment No. 2, for fiscal year end March 31, 2000, filed on January 29,
2001. (File No. 0-18612).
10.3.iii July 13, 2000, Amended non-binding commitment raising funding
proposal from $150,000,000 to $300,000,000 among Morgan, Weinstein & Co.,
 Ltd. and Reema International Corp. (Incorporated by reference from the
Form 10-KSB, Amendment No. 2, for fiscal year end March 31, 2000, filed on
January 29, 2001. (File No. 0-18612).
10.3.iv  July 28, 2000, Non-binding commitment confirmation from Morgan,
Weinstein & Co., Ltd. to Reema International Corp. (Incorporated by reference
from the Form 10-KSB, Amendment
No. 2, for fiscal year end March 31, 2000, filed on January 29, 2001.
(File No. 0-18612).
10.3 May 31, 2000, Engineering Services Agreement between Parsons
      Energy & Chemicals Group, Inc. and Reema Internatioanl Corp.
      (Incorporated by reference from the Form 10-KSB, Amendment
      No. 2, for fiscal year end March 31, 2000, filed on
      January 29, 2001. (File No. 0-18612).

21. Subsidiaries of the Registrant. (Incorporated by reference    from the
Form 10-KSB, Amendment No. 2, for fiscal year end March 31, 2000, filed on
January 29, 2001. (File No. 0-18612).

99.      Additional Exhibits.

99.1(P)Copy of a report by Houlihan Valuation Advisors titled "Valuation of a
10,000 Share Block of Restricted Common Stock        of TV Communications
Network, inc. as of March 25, 1998." (Incorporated by reference to the
Exhibits filed with the Form 10-KSB Amendment No. 2 for the period ended
March 31, 1999   (File No. 0-18612).  This document was filed on January 7,
2000.
99.2 Correspondence from Bradford J. Lam, Esq. To David T.
     Mittelman, Esq. In response to the comment letter of
     December 18,2000. (Incorporated by reference from the
     Form 10-KSB,Amendment No. 2, for fiscal year end
     March 31,  2000, filed on January 29, 2001.
     (File No. 0-18612).











                       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, thereunto duly authorized.

              TV COMMUNICATIONS NETWORK, INC. ("TVCN")

OMAR A. DUWAIK
Omar A. Duwaik, President, CEO & Director

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

OMAR A. DUWAIK                  KENNETH D. ROZNOY
Omar A. Duwaik, President,         Kenneth D. Roznoy,
CEO & Director                     Vice President & Director

JACKIE PORTER
Jackie Porter, Controller

Date:  February 13, 2001