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 May 31, 2004.

_____  Transition report pursuant to Section 13 or 15(d) of the Securities
       Exchange Act of 1934

For the transition period from ______________________ to ____________________

Commission File No.     000-27225
                    ----------------

                                  ENETPC, INC.
--------------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

         Minnesota                                   41-1427445

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



11974 Portland Ave
Burnsville, Minnesota                                      55337
--------------------------------------------    --------------------------------
(Address of principal executive offices)                 (ZIP Code)

Issuer's telephone number, including area code: (952) 890-2362
                                                --------------------------------


--------------------------------------------------------------------------------
(Former name, former address and former fiscal year, if changed since last
report)

Indicate by check mark 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 past 12 months (or for such  shorter  period that the issuer was required to
file such reports), and (2) has been subject to such filing requirements for the
past 90 days. Yes  X    No
                  ----      ----

The number of shares of the issuer's  Common Stock  outstanding at July 15, 2004
was 3,939,000 shares.


<PAGE>
<TABLE>
<CAPTION>


                                  ENETPC, INC.

                                TABLE OF CONTENTS

                                                                                  Page No.
                                                                                  ---------
                          Part I. Financial Information
<S>                                                                             <C>

Item 1.  Financial Statements
         Balance Sheets as of May 31, 2004 (unaudited) and February 29, 2004          3

         Statements of Operations for Three Months Ended May 31, 2004 and 2003        4
         (unaudited)

         Statements of Cash Flows for the Three Months Ended May 31, 2004 and         5
         2003 (unaudited)

         Notes to the Financial Statements (unaudited)                                6

Item 2.  Management's Discussion and Analysis                                         7


                           Part II. Other Information

Item 3.  Controls and Procedures                                                     10

         Signature                                                                   10

         Certifications                                                              11
</TABLE>

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<TABLE>
<CAPTION>


                                  eNETPC, INC.
                                 BALANCE SHEETS

                                                                  May 31               February 29
                                                                   2004                    2004
                                                      ...................     ...................
<S>                                                              <C>                      <C>
ASSETS                                                    (Unaudited)


Current assets:
     Cash                                                         $ 1,778                 $ 9,683
        Accounts receivable, less allowance
        for doubtful accounts - $0 at May 31,
        2004 and $0 at February 29, 2004                           14,988                  21,880
        Inventories                                                     -                       -
        Prepaid expenses                                            1,063                       -
                                                       ...................     ...................
Total current assets                                               17,829                  31,563

Property and equipment:
        Office equipment and furniture                            455,026                 455,026
        Leasehold improvements                                     37,271                  37,271
        Production equipment                                       61,515                  61,515
                                                       ...................     ...................
                                                                  553,812                 553,812
        Accumulated depreciation                                 (553,812)               (553,812)
                                                       ...................     ...................
                                                                        -                       -
Other Assets                                                            -                       -
                                                       -------------------     -------------------
Total assets                                                     $ 17,829                $ 31,563
                                                       ===================     ===================



LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)
Current liabilities:
       Accounts payable                                            49,838                  61,441
       Accrued liabilities                                            677                     880
       Due to stockholder                                          27,195                  16,977
                                                       ------------------      ------------------
Total current liabilities                                          77,710                  79,298

Shareholders' equity(deficit):
         Common stock, $.01 par value
              Authorized shares - 20,000,000
              Issued and outstanding shares - 3,939,000             39,390                  39,390
         Additional paid-in capital                              4,217,841               4,217,841
         Stockholder Subscription Receivable                      (22,500)                (22,500)
         Accumulated deficit                                   (4,294,612)             (4,282,466)
                                                       -------------------     -------------------
Total shareholders' equity(deficit)                               (59,881)                (47,735)
                                                       -------------------     -------------------
Total liabilities and shareholders' equity(deficit)              $ 17,829                $ 31,563
                                                       ===================     ===================
 </TABLE>


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<CAPTION>


                                  eNETPC, INC.
                       STATEMENT OF OPERATIONS (UNAUDITED)


                               THREE MONTHS ENDING
                                     31-May

                                          2004                   2003
                                     .............           .............
<S>                                <C>                     <C>

Sales                                   $  54,730             $    65,857
Cost of Sales                              42,587                  46,799
                                        .........             ...........
      Total Gross Profit                   12,143                  19,058

Operating expenses:
     General and administrative            24,289                  64,961
                                        .........             ...........
                                           24,289                  64,961
                                        .........             ...........

Profit or (loss) from operations          (12,146)                (45,903)

Other income (expense):
      Interest Expense                         -                   (6,993)
                                        .........              ...........
                                               -                   (6,993)
                                        .........              ...........
Net income (loss)                       $ (12,146)            $   (52,896)
                                        =========              ===========


Net loss per common share - basic
      and diluted                       $   (0.01)            $     (0.01)

Weighted average common shares
      outstanding - basic and diluted    1,671,675               4,854,320

     SEE ACCOMPANYING NOTES


                                      -4-
<PAGE>


                                  eNETPC, INC.
                      STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                          THREE MONTHS ENDED
                                                                31-May
(Unaudited)                                                 2004         2003
                                                         ---------    ---------

CASH FLOWS USED IN OPERATING ACTIVITIES
Net profit (loss)                                        $ (12,146)   $ (52,896)
Adjustments to reconcile net profit (loss) to net cash
     used in operating activities:
          Depreciation and amortization                       --         20,442
          Changes in operating assets and liabilities:
                        Accounts Receivable                  6,892      107,230
                        Inventories                           --           --
                        Prepaid expenses                    (1,063)        --
                        Accounts payable                   (11,603)     (40,867)
                        Accrued expenses                      (203)       4,885
                                                         ---------    ---------
Net cash provided by (used in) operating activities        (18,123)      38,794

CASH FLOWS USED IN INVESTING ACTIVITIES
Purchases of property and equipment                           --           --
                                                         ---------    ---------
Net cash provided (used in) investing activities              --           --

CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from due to stockholder                        10,218         --
Net payments from note payable - bank                         --        (35,000)
                                                         ---------    ---------
Net cash provided by (used in) financing activities         10,218      (35,000)

Decrease in cash                                            (7,905)       3,794
Cash at beginning of period                                  9,683        1,241
Cash at end of period                                    $   1,778    $   5,035
                                                         =========    =========
</TABLE>

                                      -5-
<PAGE>


                                  ENETPC, INC.
                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

Note 1.  BASIS OF PRESENTATION

The accompanying  unaudited financial statements of eNetpc, Inc. (the "Company")
as of May 31,  2004 and for the three  months  ended May 31,  2004 and 2003 have
been prepared by the Company,  without audit,  pursuant to rules and regulations
of the Securities  and Exchange  Commission  ("SEC").  Certain  information  and
footnote  disclosures,  normally  included in financial  statements  prepared in
accordance with accounting principles generally accepted in the United States of
America,  have been condensed or omitted pursuant to such rules and regulations.
In the opinion of  management,  the financial  statements  included in this Form
10-QSB  include  all  adjustments,  consisting  only  of  normal  and  recurring
adjustments,  considered  necessary  for a fair  presentation  of the  financial
position and the results of operations and cash flows for the periods presented.
Operating  results for the three months  ended May 31, 2004 are not  necessarily
indicative of the results that may be expected for the year ending  February 28,
2005. These condensed  financial  statements and footnote  disclosures should be
read in conjunction with the financial  statements and footnotes thereto for the
year ended  February 29, 2004,  included in the Company's  Annual Report on Form
10-KSB.  The  preparation  of  the  financial   statements  in  conformity  with
accounting  principles  generally  accepted  in the  United  States  of  America
requires  management  to make  estimates  and  assumptions  that affect  amounts
reported in the financial  statements  and  accompanying  notes to the financial
statements. Actual results could differ from those estimates.


Note 2.  INVENTORIES

Inventories  are stated at the lower of cost  (first-in,  first-out)  or market.
Inventories consist principally of purchased components.


Note 3. NET INCOME (LOSS) PER COMMON SHARE

Basic net income  (loss) per share is  computed  based on the  weighted  average
number of common  shares  outstanding  during  each  period.  Diluted net income
(loss) per share includes the incremental  shares assumed issued on the exercise
of stock  options.  Basic and  diluted  net  income  (loss)  per share are equal
because  the  effect  of  the   outstanding   stock   options  and  warrants  is
antidilutive.


                                      -6-
<PAGE>


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

                              RESULTS OF OPERATIONS

The  following  table  sets  forth,  for the  periods  indicated,  statement  of
operations data as a percentage of net sales:

                               Three Months Ended
                                     May 31

                                  2004              2003
                                  ----              ----

Sales                            100.0%            100.0%
Cost of sales                      77.8              71.1
                                   ----              ----
Gross profit                       22.2              28.9
                                  -----            ------

Operating expenses
General and administrative         44.4              98.6
                                   ----            ------
                                   44.4              98.6
                                 ------            ------

Income (loss) from operations     (22.2)           (69.7)
Other income (expense)               -             (10.6)
                                --------           ------

Net income (loss)                 (22.2)%         (80.3)%
                                 =======          =======


COMPARISON OF THE THREE MONTHS ENDED MAY 31, 2004 AND 2003

NET SALES.  Net sales  decreased  $11,127 or 17%, to $54,730 in the three months
ended May 31, 2004  compared to $65,857 for the three months ended May 31, 2003.
The  decrease in all  business  unit sales is  primarily  due to the  continuing
downturn in the computer industry as a whole.

GROSS PROFIT.  Gross profit for the first quarter of fiscal 2005 was $12,143, or
22.2% of net sales,  compared  to $19,058,  or 28.9% of net sales,  in the prior
year. The decrease in gross profit is due primarily to the decrease in net sales
in all business units.

OPERATING EXPENSES. General,  administrative and sales expenses were $24,289, or
44.4% of net sales, in the first quarter of fiscal 2005 compared to $64,961,  or
98.6% of net sales,  in the first  quarter of fiscal 2004.  This decrease is due
primarily to the reduction in  administrative  personnel  and related  operating
expenses during fiscal 2004.


                                      -7-
<PAGE>


Loss from  operations  decreased by $33,757 to ($12,146) in the first quarter of
fiscal 2005 from a loss of ($45,903) in fiscal 2004,  reflecting the decrease in
net sales and related gross profit, and the decrease in operating expenses.

Interest  expense  decreased by $6,993 to $0 in the first quarter of fiscal 2005
from $6,993 in fiscal 2004.

As a result of the foregoing factors, net loss decreased by $40,750 to ($12,146)
in the first quarter of fiscal 2005 from a loss of ($52,896) in fiscal 2004.



LIQUIDITY AND CAPITAL RESOURCES

The Company's cash position at May 31, 2004 was $1,778 a decrease of $7,905 from
$9683 at February 29, 2004. During the three months ended May 31, 2004, net cash
used in  operating  activities  was $19,484  due  primarily  to the  decrease in
account's receivable ($6,892), and the net loss of ($12,146).

Net cash used in investing activities in the three months ended May 31, 2004 was
$0.

Net cash provided by financing activities in the three months ended May 31, 2004
was $10,218. The increase consists of loans made by a stockholder/officer.


SIGNIFICANT ACCOUNTING POLICIES

         The  preparation of financial  statements in conformity with accounting
principles   generally  accepted  in  the  United  States  of  America  requires
management to make estimates and assumptions that affect the reported amounts of
assets and liabilities  and the disclosure of contingent  assets and liabilities
at the dates of the financial  statements  and reported  amounts of revenues and
expenses  during the reporting  periods.  The Company's  significant  accounting
policies are described in Note 1 to the financial  statements for the year ended
February 29, 2004.  The  accounting  policies used in preparing our interim 2005
financial  statements  are the same as those  described  in  February  29,  2004
financial  statements.  The most significant estimates and assumptions relate to
the valuation of inventory,  capitalized  software  development  costs,  and the
reserves  set aside for bad  debts.  Actual  amounts  could  differ  from  these
estimates.

Inventory Valuation

                  Inventories consist primarily of purchased  components and are
                  valued  at the lower of cost or  market  (first-in,  first-out
                  method).  Because  of the  continuing  pressure  on  component
                  pricing  in  the  computer  industry,  the  company  regularly
                  reviews the costs used to value  inventory and adjusts them to
                  reflect upward or downward market values.

         Within the last year,  the company has changed its method of  operation
from an inventory  carrying  manufacturer  to outsourcing  the  manufacture  and
delivery of its hardware  products.  This change  allows the company to minimize
the carrying costs associated with large amounts of inventory and also decreases
significantly  the risks of  obsolescence  and loss.  The company  continues  to
further  reduce its  inventory  levels and  associated  risks by selling off all
excess items.


                                      -8-
<PAGE>


         Capitalized Software Development

                  Under the  provisions  of SOP 98-1,  the  Company  capitalizes
                  costs  associated  with  software  developed  or obtained  for
                  internal  use  when  both  the  preliminary  project  stage is
                  completed and management has  authorized  further  funding for
                  the project which it deems probable will be completed and used
                  to perform the function  intended.  Capitalized  costs include
                  only (1)  external  direct  costs of  materials  and  services
                  consumed in developing or obtaining internal use software, (2)
                  payroll  and  payroll  related  costs  for  employees  who are
                  directly  associated  with and who devote time to the internal
                  use software  project,  and (3) interest costs incurred,  when
                  material,    while    developing    internal   use   software.
                  Capitalization of such costs ceases no later than the point at
                  which the project is substantially  complete and ready for its
                  intended purpose.

       Reserves Set Aside for Bad Debts called "Allowance for Doubtful Accounts"

         The Company reviews  customers' credit history before extending credit.
Generally,  a minimum credit limit is established for a first time customer with
acceptable credit ratings. As experience is gained with a customer,  an increase
in the credit  limit can be made based on  acceptable  payment  performance.  An
allowance for doubtful accounts is made only after collection  efforts have been
expended and  management  assesses the  situation as  unrecoverable,  based upon
factors  surrounding the credit risk,  historical  trend and other  information.
Reserves  are set  aside  on a  customer  by  customer  basis  rather  than on a
percentage basis of all customers.

Forward-Looking Statements
--------------------------

Forward-looking   statements  herein  are  made  pursuant  to  the  safe  harbor
provisions of the Private  Securities  Litigation  Reform Act of 1995. There are
certain  important  factors that could cause results to differ  materially  from
those anticipated by some of the statements made herein. Investors are cautioned
that all  forward-looking  statements  involve risks and uncertainty.  Among the
factors that could cause actual results to differ  materially are the following:
market acceptance of new products,  changes in competitive environment,  general
conditions  in the  industries  served  by  the  Company's  products,  continued
availability  of financing and related costs,  and overall  economic  conditions
including inflation.


                           PART II. OTHER INFORMATION


ITEM 3:  CONTROLS AND PROCEDURES.

         Under the  supervision  and with the  participation  of our management,
including our principal  executive officer and principal  financial officer,  we
conducted an evaluation of our disclosure controls and procedures,  as such term
is defined under Rule 13a-14(c) promulgated under the Securities Exchange Act of
1934, as amended (the "Exchange Act"), within 90 days of the filing date of this
report. Based on their evaluation, our principal executive officer and principal
accounting  officer  concluded  that  eNetpc,  Inc.'s  disclosure  controls  and
procedures are effective.

            There have been no significant changes (including corrective actions
with regard to significant  deficiencies or material weaknesses) in our internal
controls or in other  factors that could  significantly  affect  these  controls
subsequent to the date of the evaluation referenced above.


                                      -9-
<PAGE>


                                    SIGNATURE


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

                               eNETPC, INC.


Dated:  July 15, 2004          By    /s/ Richard A. Pomije
                                     -------------------------------
                                         Richard A. Pomije
                                         Its Chief Executive Officer


                                      -10-
<PAGE>


                                 CERTIFICATIONS

I, Richard A. Pomije, certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of eNetpc, Inc.;

2.   Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3.   Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4.   I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

     a) designed such  disclosure  controls and procedures to ensure that
material  information  relating to the  registrant,  including its  consolidated
subsidiaries, is made known to us by others within those entities,  particularly
during the period in which this quarterly report is being prepared;

     b)  evaluated  the  effectiveness  of  the  registrant's  disclosure
controls and  procedures as of a date within 90 days prior to the filing date of
this quarterly report (the "Evaluation Date"); and

     c)  presented in this  quarterly  report our  conclusions  about the
effectiveness of the disclosure  controls and procedures based on our evaluation
as of the Evaluation Date;

5.   I have disclosed, based on our most recent evaluation, to the registrant's
auditors and the audit committee of registrant's board of directors (or persons
performing the equivalent functions):

     a) all  significant  deficiencies  in the  design  or  operation  of
internal  controls  which could  adversely  affect the  registrant's  ability to
record, process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

      b) any fraud,  whether or not material,  that involves management or
other  employees  who  have a  significant  role  in the  registrant's  internal
controls; and

6.   I have indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of our most recent
evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.


                                      -11-
<PAGE>


Date: July 15, 2004    Signed:     /s/  Richard A. Pomije
                       ----------------------------------
                       Name:    Richard A. Pomije
                       Title:   Chief Executive Officer and principal financial
                                officer of eNetpc, Inc.

                            CERTIFICATION PURSUANT TO
                 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

         I,  Richard  A.  Pomije,  the Chief  Executive  Officer  and  principal
financial  officer of eNetpc,  Inc. (the "Company") in compliance with 18 U.S.C.
Section 1350, as adopted  pursuant to Section 906 of the  Sarbanes-Oxley  Act of
2002, hereby certify that, the Company's Quarterly Report on Form 10-QSB for the
period ended May 31, 2004 fully complies with the  requirements of Section 13(a)
or 15(d) of the  Securities  Exchange  Act of 1934 and fairly  presents,  in all
material  respects,  the  financial  condition  and results of operations of the
Company.

Dated:  July 15, 2004


                       Signed:     /s/  Richard A. Pomije
                       ----------------------------------
                       Name:    Richard A. Pomije
                       Title:   Chief Executive Officer and principal financial
                                officer of eNetpc, Inc.



                                      -12-