<PAGE>

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


                                   FORM 10-QSB

 Quarterly Report Pursuant to Section 13 or 15(D) of The Securities Act of 1934

                  For the quarterly period ended June 30, 2001

                        Commission file number: 000-32249

                          CYBER PUBLIC RELATIONS, INC.
        (Exact name of small business issuer as specified in its charter)

            Florida                                      98-0222013
(State or other jurisdiction of                (IRS Employee Identification No.)
 incorporation or organization)

                      8260 Ryan Road, Richmond, BC, V7A 2E5
                    (Address of principal executive offices)

                                 (604) 277-2816
                           (Issuer's telephone number)

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 reports), and (2) has been subject to such filing
requirements for the past 90 days.

Yes      X                 No
    --------------            --------------

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date:

   Common Stock, $0.0001 par value                      2,199,000
               (Class)                        (Outstanding as of August 8, 2001)
<PAGE>

                          CYBER PUBLIC RELATIONS, INC.
                                   FORM 10-QSB
                                      INDEX

                                                                         Page
                                                                         ----
Part I - FINANCIAL INFORMATION

Item 1.  Consolidated Financial Statements

Assets   ...................................................................3

Liabilities and Stockholder's Equity.......................................4

Statement of Operations....................................................5

Statement of Cash Flows....................................................6

Notes of Financial Statements..............................................7

Item 2   Management's Discussion and Analysis or Plan of Operation.........7

Part II  OTHER INFORMATION

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

Signatures..................................................................13

                                       2
<PAGE>

                          PART I: FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                           CYBER PUBLIC RELATIONS, INC
                          (A Development Stage Company)


                                  BALANCE SHEET
                                 ---------------


                                     ASSETS
                                     -------


                                               June           December
                                             30, 2001         31, 2000
                                             --------         --------
                                            [unaudited]
CURRENT ASSETS

     CASH                                     $  292          $  135
                                              -------         -------
     INVENTORY                                $1,981          $2,080
                                              -------         -------

     TOTAL CURRENT ASSETS                     $2,273          $2,215
                                              -------         -------


OTHER ASSETS                                  $    0          $    0
                                              -------         -------

     TOTAL OTHER ASSETS                       $    0          $    0
                                              -------         -------

TOTAL ASSETS                                  $2,273          $2,215
                                              -------         -------



 The accompanying notes are an integral part of these financial statements

                                       3
<PAGE>

                           CYBER PUBLIC RELATIONS, INC.
                          (A Development Stage Company)


                                  BALANCE SHEET
                                 ---------------


                      LIABILITIES AND STOCKHOLDERS' EQUITY
                     --------------------------------------


                                                   June        December
                                                 30, 2001      31, 2000
                                                ------------ ------------
                                                [unaudited]
CURRENT LIABILITIES

     Accounts Payable                           $     0      $     0

     Officers Advances                            7,001          818
                                                --------     --------

TOTAL CURRENT LIABILITIES                       $ 7,001          818
                                                --------     --------



STOCKHOLDERS' EQUITY

     Preferred stock, par value $0.001
     Authorized 10,000,000 shares
     Issued and outstanding at
     June 30,2001 - None                        $     0            0

     Common stock, par value $0.001
     Authorized 100,000,000 shares
     Issued and outstanding at
     December 31, 2000 and June 30, 2001 -
     2,199,000 shares                           $ 2,199      $ 2,199

     Additional Paid-In Capital                  19,791       19,791

     Deficit accumulated during
     the development stage                      -26,618      -20,593
                                                --------     --------


TOTAL STOCKHOLDERS' EQUITY                      $-4,628      $ 1,397
                                                --------     --------

TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY                            $ 2,373      $ 2,215
                                                --------     --------

 The accompanying notes are an integral part of these financial statements

                                       4
<PAGE>

                          CYBER PUBLIC RELATIONS, INC.
                          (A Development Stage Company)


                             STATEMENT OF OPERATIONS
                            -------------------------
                                   [unaudited]



                        For the three months ended    For the six months ended
                                  June 30                       June 30
                             2001         2000            2001           2000
                             ----         ----            ----           ----
INCOME

  Revenue              $      198      $      121    $      198      $      241
                       ---------------------------   ---------------------------

EXPENSES

  General, Selling
  and Administrative   $    3,402      $      353    $    6,221      $      706
                       ---------------------------   ---------------------------


TOTAL EXPENSES         $    3,402      $      353    $    6,221      $      706
                       ---------------------------   ---------------------------


NET PROFIT/LOSS (-)$   $    3,204      $      232    $   -6,023      $      464
                       ---------------------------   ---------------------------

Net loss per share -
 Basic and diluted     $ 0.001457      $ 0.000175    $  0.00274      $  0.00035
                       ---------------------------   ---------------------------

Weighted average
Number of common
Shares                  2,199,000       2,199,000     2,199,000      2,0490,000
                       ---------------------------   ---------------------------


The accompanying notes are an integral part of these financial statements

                                       5
<PAGE>

                           CYBER PUBLIC RELATIONS, INC.
                          (A Development Stage Company)


                             STATEMENT OF CASH FLOWS
                            -------------------------
                                   [unaudited]


                                        For the six months ended
                                                 June 30
                                           2001          2000
                                           ----           ----

Cash Flows from
Operating Activities
Net Loss (-), Gain (+)                $    -6,023    $     -464

Changes in assets and                        2816           500
Liabilities

Issued for services                             0          -239

Accounts Payable
Officers Advances                           3,383            58
                                      ------------   -----------

Net cash inflow from
Operating activities                  $       176    $     -145

Cash Flows from
Investing Activities                            0             0

Cash Flows from
Financing Activities                            0             0
     Issue common
     stock for cash

Net Increase (decrease)
 In cash                              $       176    $     -145


Cash,
Beginning of period                           116           190
                                      ------------  ------------


Cash, End of Period                   $       292    $       45
                                      ------------  ------------


 The accompanying notes are an integral part of these financial statements

                                       6
<PAGE>

                          CYBER PUBLIC RELATIONS, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                  June 30, 2001
                          -----------------------------

NOTE A - SUMMARY OF ACCOUNTING POLICIES

1.  Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance
with the instruction to form 10-QSB, and therefore, do not include all the
information necessary for a fair presentation of financial position, results of
operations and cash flows in conformity with generally accepted accounting
principles.

In the opinion of the management, all adjustments (consisting of normal
recurring accruals) considered necessary for a fair presentation have been
included. Operating results for the six-month period ended June 30, 2001 are not
necessarily indicative of the results that may be expected for the year ended
December 31, 2001. The unaudited condensed consolidated financial statements
should be read in conjunction with the consolidated December 31, 2000 financial
statements and footnotes thereto included in the company's SEC form 10SB.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS FOR THE SIX
        MONTHS ENDED JUNE 30, 2001

         The following discussion should be read in conjunction with the
Company's Consolidated Financial Statements and Notes thereto, included
elsewhere within this report.

Plan of Operation
-----------------

         The company intends to rely on the expertise of its management to study
         the market for information technology solutions. The company has signed
         an agreement with PSIGate to set up a merchant account to enable it to
         process credit card transactions via the Internet. The Company also
         purchased promotional services from Mediatelevision.com who will
         promote the company's galaxyblue.com products on its fashionfreakz.com
         website. The company plans to continue to seek promotional and
         marketing opportunities for its websites as it continues to develop its
         full e-commerce capabilities.

         For critical expenditures such as fees to keep SEC filings current And
         related charges the company relies on advances from officers. It is
         impossible to predict the amount of these expenditures. However, such
         amounts are not expected to exceed $25,000 during the next twelve
         months.

         It is clear to the company that present funding is not sufficient for
         the launch of its operations, and that it must interest investors in
         one or more secondary capital formation programs before it can launch
         operations. The company is evaluating its options and will proceed
         accordingly.

Results of Operations
---------------------

         During the quarterly period covered by this Report, the company
         received $198 of revenue and incurred expenses of $6,221 stemming from
         general, administrative, selling and tax expenses.

Liquidity
---------

        At June 30, 2001, the Company had total current assets of $2,273 and
        Total liabilities of $7,001.

                                       7
<PAGE>

Discussion and Analysis of Financial Condition
----------------------------------------------

OPERATIONS AND RESULTS FOR THREE MONTHS ENDED JUNE 30, 2001. Activity during the
past quarter has been confined to testing the viability of the Company's
business model and the identification of markets and development of products.

FUTURE PROSPECTS: The Company is unable to predict when it may launch intended
operations, or failing to do so, when and if it may elect to participate in a
business acquisition opportunity. The reason for this uncertainty arises from
its limited resources, and competitive disadvantage to other public or
semi-public issuers, and new uncertainties about compliance with NASD
requirements for trading on the OTCBB. Notwithstanding the conditions, the
Company expects to develop a capital formation strategy and launch operations
during the next twelve to eighteen months, if the Company can effect quotation
of its common stock on the OTCBB.

REVERSE ACQUISITION CANDIDATE: The Company is not currently searching for a
profitable business opportunity. This contingency is disclosed for the
possibility that the Company's intended business might fail. The Company is not
presently a reverse acquisition candidate. Should the Company's business fail,
management does not believe the Company would be able to effectively, under
current laws and regulations, attract capital, and would be required to seek
such an acquisition to achieve profitability for shareholders.

Factors That May Affect Future Results and Market Price of Stock.
-----------------------------------------------------------------

The business of the Company involves a number of risks and uncertainties that
could cause actual results to differ materially from results projected in any
forward-looking statement, or statements, made in this report. These risks and
uncertainties include, but are not necessarily limited to the risks set forth
below. The Company's securities are speculative and investment in the Company's
securities involves a high degree of risk and the possibility that the investor
will suffer the loss of the entire amount invested.

NO OPERATING HISTORY; POTENTIAL OF INCREASED EXPENSES.

The Company was organized in 1998, and has no operating history upon which an
evaluation of its business and prospects can be based.

There can be no assurance that the Company will be profitable on a quarterly or
annual basis. In addition, as the Company expands its business network and
marketing operations it will likely need to increase its operating expenses,
broaden its customer support capabilities, and increase its administrative
resources.

POSSIBLE NEED FOR ADDITIONAL FINANCING.

It is possible that revenues from the Company's operations may not be sufficient
to finance its initial operating cost to reach breakeven. If this were to occur,
the Company would need to raise or find additional capital. While the Company
expects to be able to meet its financial obligations for approximately the next
twelve months, there is no assurance that, after such period, the Company will
be operating profitably. If they are not, there can be no assurance that any
required capital will be obtained on terms favorable to the Company. Failure to
obtain adequate additional capital on favorable terms could result in
significant delays in the expansion of new services and market share and could
even result in the substantial curtailment of existing operations and services
to clients.

                                       8
<PAGE>

UNPREDICTABILITY OF FUTURE REVENUES; POTENTIAL FLUCTUATIONS IN QUARTERLY
RESULTS.

As a result of the Company's lack of operating history and the emerging nature
of the market in which it competes, the Company is unable to forecast its
revenues accurately. The Company's current and future expense levels are based
largely on its investment/operating plans and estimates of future revenue and
are to a large extent based on the Company's own estimates. Sales and operating
results generally depend on the volume of, timing of, and ability to obtain
customers, orders for services received, and revenues therefrom generated. These
are, by their nature, difficult at best to forecast.The Company may be unable to
adjust spending in a timely manner to compensate for any unexpected revenue
shortfall or delay. Accordingly, any significant shortfall or delay in revenue
in relation to the Company's planned expenditures would have an immediate
adverse affect on the Company's business, financial condition, and results of
operations. Further, in response to changes in the competitive environment, the
Company may from time to time make certain pricing, service, or marketing
decisions that could have a material adverse effect on the Company's business,
financial condition, operating results, and cash flows.

DEVELOPING MARKET; ACCEPTANCE OF THE INTERNET AS A MEDIUM FOR COMMERCE JUST NOW
BEING PROVEN.

The Company's long-term viability is substantially dependent upon the continued
widespread acceptance and use of the Internet as a medium for business commerce,
in terms of the sales of both products and services to businesses and
individuals. The use of the Internet as a means of business sales and commerce
is has only recently reached a point where many companies are making reasonable
profits from their endeavors therein, and there can be no assurance that this
trend will continue.

The Internet has experienced, and is expected to continue to experience,
significant growth in the number of users and amount of traffic. There can be no
assurance that the Internet infrastructure will continue to be able to support
the demands placed on it by this continued growth. In addition, delays in the
development or adoption of new standards and protocols to handle increased
levels of Internet activity or increased governmental regulation could slow or
stop the growth of the Internet as a viable medium for business commerce.
Moreover, critical issues concerning the commercial use of the Internet
(including security, reliability, accessibility and quality of service) remain
unresolved and may adversely affect the growth of Internet use or the
attractiveness of its use for business commerce.

                                       9
<PAGE>

The failure of the necessary infrastructure to further develop in a timely
manner, or the failure of the Internet to continue to develop rapidly as a valid
medium for business would have a material adverse effect on the Company's
business, financial condition, operating results, and cash flows.

UNPROVEN ACCEPTANCE OF THE COMPANY'S SERVICES AND/OR PRODUCTS.

The Company is still in its development stage. As a result, it does not know
with any certainty whether its services and/or products will be accepted within
the business marketplace. If the Company's services and/or products prove to be
unsuccessful within the marketplace, or if the Company fails to attain market
acceptance, it could materially adversely affect the Company's financial
condition, operating results, and cash flows.

DEPENDENCE ON KEY PERSONNEL.

The Company's performance and operating results are substantially dependent on
the continued service and performance of its officer and directors. The Company
intends to hire additional technical, sales, and other personnel as they move
forward with their business model. Competition for such personnel is intense,
and there can be no assurance that the Company can retain its key technical
employees, or that it will be able to attract or retain highly qualified
technical and managerial personnel in the future. The loss of the services of
any of the Company's key employees or the inability to attract and retain the
necessary technical, sales, and other personnel could have a material adverse
effect upon the Company's business, financial condition, operating results, and
cash flows. The Company does not currently maintain "key man" insurance for any
of its key employees.

LIABILITY FOR INFORMATION DISPLAYED ON THE COMPANY'S INTERNET WEB SITES.

The Company may be subjected to claims for defamation, negligence, copyright, or
trademark infringement and various other claims relating to the nature and
content of materials it publishes on its Internet Web site, or those set up for
its clients. These types of claims have been brought, sometimes successfully,
against online businesses in the past. The Company could also face claims based
on the content that is accessible from its own, or its clients', Internet Web
sites through links to other Web sites.

DEPENDENCE ON CONTINUED GROWTH IN USE OF THE INTERNET.

The success of the Company's business depends, in part, on
continued acceptance and growth in the use of the Internet for business commerce
and would suffer if Internet usage does not continue to grow. Internet usage may
be inhibited for a number of reasons, such as:

         o        Inadequate network infrastructure.
         o        Security concerns.
         o        Inconsistent quality of service.
         o        Lack of available cost-effective, high-speed service.
         o        The adoption of new standards or protocols for the Internet.
         o        Changes or increases in government regulation.

                                       10
<PAGE>

Online companies have experienced interruptions in their services as a result of
outages and other delays occurring due to problems with the Internet network
infrastructure, disruptions in Internet access provided by third-party providers
or failure of third party providers to handle higher volumes of user traffic. If
Internet usage grows, the Internet infrastructure or third-party service
providers may be unable to support the increased demands which may result in a
decline of performance, reliability or ability to access the Internet. If
outages or delays frequently occur in the future, Internet usage, as well as
usage of the Company's Internet Web-sites, could grow more slowly or
decline.

RELIANCE ON OTHER THIRD PARTIES.

The Company's and its clients' operations may depend, to a significant degree,
on a number of other third parties, including but not limited to ISPs. The
Company has no effective control over these third parties and no long-term
contractual relationships with any of them. From time to time, the Company
and/or its clients could experience temporary interruptions in their Internet
Web-site connections and related communications access. Continuous or prolonged
interruptions in the Internet Web-site connections or communications access
would have a material adverse effect on the Company's business, financial
condition and results of operations. Most agreements with ISPs place certain
limits on a company's ability to obtain damages from the service providers for
failure to maintain the company's connection to the Internet.

COMPETITION.

The E-commerce solutions market in which the Company will operate is very
competitive. Many competitors have substantially greater, financial, technical,
marketing, and distribution resources than the Company.

In the all its markets, the Company competes against a large number of companies
of varying sizes and resources. There are an increasing number of competitive
services and products offered by a growing number of companies. Increased
competition in any service or product area may result in a loss of a client,
reduction in sales revenue, or additional price competition, any of which could
have a material adverse effect on the Company's operating results. In addition,
existing competitors may continue to broaden their service and/or product lines
and other potential competitors may enter or increase their presence in the
E-commerce, resulting in greater competition for the Company.

Most of the Company's current and potential competitors have substantially
longer operating histories, larger customer bases, greater name and service
recognition, and significantly greater financial, marketing, and other resources
than the Company. In addition, competitors may be acquired by, receive
investments from or enter into other commercial relationships with larger, well-
established and well-financed companies as the use of the Internet and other
online services increases. Many of the Company's competitors may be able to
respond more quickly to changes in customer preferences/needs, devote greater
resources to marketing and promotional campaigns, adopt more aggressive pricing
policies and devote substantially more resources to Internet site and systems
development than the Company.

                                       11
<PAGE>

It is possible that new competitors or alliances among competitors may emerge
and rapidly acquire market share. Increased competition may result in reduced
operating margins and/or loss of market share, either of which could materially
adversely affect the Company's business, results of operations and financial
condition. There can be no assurance that the Company will be able to compete
successfully against current or future competitors or alliances of such
competitors, or that competitive pressures faced by the Company will not
materially adversely affect its business, financial condition, operating results
and cash flows.

RISKS OF POTENTIAL GOVERNMENT REGULATION AND OTHER LEGAL UNCERTAINTIES RELATING
TO THE INTERNET.

The Company is not currently subject to direct federal, state, or local
regulation in the United States and Canada other than regulations applicable to
businesses generally or directly applicable to electronic commerce. However,
because the Internet is becoming increasingly popular, it is possible that a
number of laws and regulations may be adopted with respect to the Internet.
These laws may cover issues such as user privacy, freedom of expression,
pricing, content, and quality of products and services, taxation, advertising,
intellectual property rights and information security. Furthermore, the growth
of electronic commerce may prompt calls for more stringent consumer protection
laws. The adoption of such consumer protection laws could create uncertainty in
Internet usage and reduce the demand for all products and services.

In addition, the Company is not certain how its business may be affected by the
application of existing laws governing issues such as property ownership,
copyrights, encryption, and other intellectual property issues, taxation, libel,
obscenity, and export or import matters. It is possible that future applications
of these laws to the Company's business could reduce demand for its products and
services or increase the cost of doing business as a result of litigation costs
or increased service delivery costs.

Because the Company's services will likely be available over the Internet in
multiple states, and possibly foreign countries, other jurisdictions may claim
that the Company is required to qualify to do business and pay taxes in each
state or foreign country. The Company's failure to qualify in other
jurisdictions when it is required to do so could subject the Company to
penalties and could restrict the Company's ability to enforce contracts in those
jurisdictions. The application of laws or regulations from jurisdictions whose
laws do not currently apply to the Company's business may have a material
adverse affect on its business, results of operations and financial condition.

INTELLECTUAL PROPERTY RIGHTS.

As part of its confidentiality procedures, the Company expects to enter into
nondisclosure and confidentiality agreements with its key employees, and any
consultants and/or business partners and will limit access to and distribution
of its technology, documentation, and other proprietary information.

Despite the Company's efforts to protect any intellectual property rights it may
have, unauthorized third parties, including competitors, may from time to time
copy or reverse-engineer certain portions of the Company's technology and use
such information to create competitive services and/or products.

                                       12
<PAGE>

It is possible that the scope, validity, and/or enforceability of the Company's
intellectual property rights could be challenged by other parties, including
competitors. The results of such challenges before administrative bodies or
courts depend on many factors which cannot be accurately assessed at this time.
Unfavorable decisions by such administrative bodies or courts could have a
negative impact on the Company's intellectual property rights. Any such
challenges, whether with or without merit, could be time consuming, result in
costly litigation and diversion of resources, and cause service or product
delays. If such events should occur, the Company's business, operating results
and financial condition could be materially adversely affected.

PART II: OTHER INFORMATION
--------------------------

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)      Exhibits

         3.1      Articles of Incorporation of the Registrant*

         3.2      By-laws of the Registrant*

         10.1     Merchant Agreement between the Registrant and PsiGate, dated
                  April 23, 2001

         ----------------

         *        Previously filed as an exhibit to the Company's Form 10-QSB
                  dated January 23, 2001


(b)      Reports on Form 8-K filed during the three months ended June 30, 2001.

         No Current Reports on Form 8-K were filed during the three months ended
June 30, 2001


SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Date:  August 14, 2001                      Cyber Public Relations, Inc.

                                            /s/ Maria Trinh
                                            -----------------------------------
                                            Maria Trinh
                                            President

                                       13