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

                                   FORM 10-QSB








(X)QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2003


( )TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 For the transition period from                 to
                                            -------------      --------------

Commission File Number: 000-50282

                          Full Circle Promotions, Inc.
                          ----------------------------
        (Exact name of small business issuer as specified in its charter)

Nevada                                                               33-0986282
------                                                               ----------
(State or other jurisdiction of            (I.R.S. Employer Identification No.)
incorporation or organization)

                     954 Feather Peak Drive, Corona, California 92882
-------------------------------------------------------------------------------
                         (Address of principal executive offices)

                                  949.272.1695
                                  ------------
                           (Issuer's Telephone Number)

           26446 Woodsrest Lane, San Juan Capistrano, California 92675
                 (Former Address of Principal Executive Offices)

                      APPLICABLE ONLY TO CORPORATE ISSUERS


State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practical date. As of February 23, 2004, there were
3,520,250 shares of the issuer's $.001 par value common stock issued and
outstanding.



                                       1
<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements




                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                        BALANCE SHEET - DECEMBER 31, 2003
                                  (UNAUDITED)


                                     ASSETS

CURRENT ASSETS:
    Cash                                                         $       58,160
    Stock subscriptions receivable                                       18,000
                                                                 ---------------

                                                                 $       76,160
                                                                 ===============

                      LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES -
    accounts payable and accrued expenses                        $        5,503
                                                                 ---------------

STOCKHOLDERS' DEFICIT:
    Preferred stock, $0.001 par value; 50,000,000 shares
      authorized; no shares issued or outstanding                             -
    Common stock, $0.001 par value; 500,000,000 shares
      authorized; 3,520,250 issued and outstanding                        3,521
    Additional paid-in capital                                          109,475
    Deficit accumulated during development stage                        (42,339)
                                                                 ---------------

      Total stockholders' deficit                                        70,657
                                                                 ---------------

                                                                 $       76,160
                                                                 ===============






                                       2
<PAGE>


                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF OPERATIONS
                                  (UNAUDITED)

<TABLE>
<CAPTION>
                                                              For the three                             For the period from
                                                              months ended         For the three          October 12, 2001
                                                               December 31         months ended           (inception) to
                                                                  2003           December 31, 2002       December 31, 2003
                                                           ----------------------------------------------------------------
<S>                                                                <C>                  <C>                    <C>
NET REVENUE                                                 $               -     $             500     $           41,655

GENERAL AND ADMINISTRATIVE EXPENSES                                     1,879                 3,965                 83,994
                                                           -------------------   -------------------   --------------------

LOSS BEFORE PROVISION FOR INCOME TAXES                                 (1,879)               (3,465)               (42,339)

PROVISION FOR INCOME TAXES                                                  -                     -                      -
                                                           -------------------   -------------------   --------------------

NET LOSS                                                    $          (1,879)    $          (3,465)    $          (42,339)
                                                           ===================   ===================   ====================

NET LOSS AVAILABLE TO COMMON STOCKHOLDERS
  PER COMMON SHARE - BASIC AND DILUTIVE:

    Loss per common share - basic and dilutive              $           (0.00)    $           (0.00)    $            (0.01)
                                                           ===================   ===================   ====================

    Weighted average common shares
      outstanding - basic and dilutive                              3,370,576             3,213,750              3,175,899
                                                           ===================   ===================   ====================
</TABLE>






                                       3
<PAGE>


                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                                                                          Deficit
                                                                                                        accumulated     Total
                                                                      Common stock         Additional     during     stockholders'
                                                                -------------------------   paid-in     development     equity
                                                                   Shares       Amount      capital        stage      (deficit)
                                                                ------------- ----------- ------------  ------------ -------------
<S>                                                                 <C>          <C>         <C>           <C>          <C>
Balance at October 12, 2001,
   date of incorporation                                                    - $         - $          -  $          -  $          -

Issuance of Founder Shares for
   services at $0.0001 per share (October 2001)                     2,520,000       2,520            -             -         2,520

Issuance of common stock for cash
   at $0.02 per share (January 2002)                                  693,750         694       13,181             -        13,875

Additional paid-in capital in exchange for office expenses                  -           -        5,500             -         5,500

Net loss from inception to September 30, 2002                               -           -            -       (29,543)      (29,543)
                                                                ------------- ----------- ------------  ------------ -------------

Balance at September 30, 2002                                       3,213,750       3,214       18,681       (29,543)       (7,648)

Additional paid-in capital in exchange for office expenses (unaudited)      -           -        6,000             -         6,000

Additional paid-in capital in exchange for services from officers           -           -       22,301             -        22,301

Issuance of common stock for cash
   at $0.20 per share (August 2003)                                    36,500          37        7,263             -         7,300

Net loss for the year ended September 30, 2003                              -           -            -       (10,917)      (10,917)
                                                                ------------- ----------- ------------  ------------ -------------

Balance at September 30, 2003                                       3,250,250       3,251       54,245       (40,460)       17,036

Additional paid-in capital in exchange for office expenses(unaudited)                   -        1,500             -         1,500

Issuance of common stock for cash
   at $0.20 per share (December 2003)(unaudited)                      270,000         270       53,730             -        54,000

Net loss for the three months ended December 31, 2003 (unaudited)           -           -            -        (1,879)       (1,879)
                                                                ------------- ----------- ------------  ------------ -------------

Balance at December 31, 2003                                        3,520,250       3,521 $    109,475  $    (42,339) $     70,657
                                                                ============= =========== ============  ============ =============
</TABLE>



                                       4
<PAGE>


                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                                     For the three                    For the period from
                                                                     months ended     For the three     October 12, 2001
                                                                      December 31     months ended      (inception) to
                                                                         2003       December 31, 2002  December 31, 2003
                                                                   ----------------  ---------------  -----------------
<S>                                                                     <C>                <C>               <C>

CASH FLOWS PROVIDED BY (USED FOR) OPERATING ACTIVITIES:
    Net loss                                                        $       (1,879)   $      (3,465)   $       (42,339)

    ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH PROVIDED BY
      (USED FOR) OPERATING ACTIVITIES:
      Non-cash issuance of common stock for services                             -                -              2,520
      Non-cash additional paid-in-capital in exchange for
        office expenses                                                      1,500            1,500             13,000
      Non-cash additional paid-in-capital in exchange for
        for services from officers                                               -                -             22,301

      (INCREASE) DECREASE IN ASSETS -
         accounts receivable                                                 2,900                -                  -


      INCREASE (DECREASE) IN LIABILITIES -
         accounts payable and accrued expenses                              (3,675)           1,965              5,503
                                                                   ----------------  ---------------  -----------------

               Net cash used for operating activities                       (1,154)               -                985

CASH FLOWS PROVIDED BY FINANCING ACTIVITIES -
    proceeds from issuance of common stock                                  36,000                -             57,175
                                                                   ----------------  ---------------  -----------------

NET INCREASE IN CASH                                                        34,846                -             58,160
CASH, beginning of period                                                   23,314                -                  -
                                                                   ----------------  ---------------  -----------------

CASH, END OF PERIOD                                                 $       58,160   $            -    $        58,160
                                                                   ================  ===============  =================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
    Income taxes paid                                               $            -   $            -    $             -
                                                                   ================  ===============  =================
    Interest paid                                                   $            -   $            -    $             -
                                                                   ================  ===============  =================
</TABLE>
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:
     In October 2001, the Company issued 2,520,000 shares of its common stock in
     exchange for services to incorporate the Company. The Founder Shares were
     valued at the Company's par value of its common stock totaling $2,520,
     which represented its fair market value on the date of issuance.

     In December 2003, the Company issued 270,000 shares at $0.20 per share for
     $54,000. However, the Company only received $36,000. Subsequently, the
     Company received the remaining $18,000 in January 2004.



                                       5
<PAGE>



                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

                  FOR THE THREE MONTHS ENDED DECEMBER 31, 2003


(1)      Summary of Significant Accounting Policies:

         Nature of Business:

                  Full Circle Promotions, Inc. (the "Company") is currently a
                  development stage company under the provisions of Statement of
                  Financial Accounting Standards ("SFAS") No. 7 and was
                  incorporated under the laws of the State of Nevada on October
                  12, 2001, with a September 30 year-end. The Company plans to
                  develop an organization that specializes in website
                  development services for companies such as smaller firms,
                  startups and vocational schools. As of December 31, 2003, the
                  Company has produced revenues of $41,655 since inception
                  (unaudited) but will continue to report as a development stage
                  company until significant revenues are produced.

         Interim Financial Statements:

                  The accompanying unaudited financial statements for the three
                  months ended December 31, 2003 include all adjustments
                  (consisting of only normal recurring accruals), which, in the
                  opinion of management, are necessary for a fair presentation
                  of the results of operations for the periods presented.
                  Interim results are not necessarily indicative of the results
                  to be expected for a full year. The unaudited financial
                  statements should be read in conjunction with the audited
                  financial statements included in the 10-KSB, as filed with the
                  Securities and Exchange Commission on January 13, 2004 for the
                  year ended September 30, 2003.

         Going Concern:

                  The accompanying financial statements have been prepared in
                  conformity with accounting principles generally accepted in
                  the United States of America, which contemplate continuation
                  of the Company as a going concern. However, the Company has no
                  established source of revenue and, without realization of
                  additional capital, it would be unlikely for the Company to
                  continue as a going concern. This matter raises substantial
                  doubt about the Company's ability to continue as a going
                  concern.

                  Management recognizes that the Company must generate
                  additional resources to enable it to continue operations.
                  Management intends to continue to raise additional financing
                  through debt financing and equity financing or other means and
                  interests that it deems necessary, with a view to moving
                  forward and sustaining a prolonged growth in its strategy
                  phases. However, no assurance can be given that the Company
                  will be successful in raising additional capital. Further,
                  there can be no assurance, assuming the Company successfully
                  raises additional equity, that the Company will achieve
                  profitability or positive cash flow. If management is unable
                  to raise additional capital and expected significant revenues
                  do not result in positive cash flow, the Company will not be
                  able to meet its obligations and may have to cease operations.



                                       6
<PAGE>


                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

                  FOR THE THREE MONTHS ENDED DECEMBER 31, 2003


(1)      Summary of Significant Accounting Policies, Continued:


         Use of Estimates:

                  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 disclosure of contingent assets and
                  liabilities at the date of the financial statements, and the
                  reported amounts of revenues and expenses during the reported
                  periods. Actual results could materially differ from those
                  estimates.

         Cash:

                  Equivalents

                  For purposes of the statement of cash flows, cash equivalents
                  include all highly liquid debt instruments with original
                  maturities of three months or less which are not securing any
                  corporate obligations.

                  Concentration

                  The Company maintains its cash in bank deposit accounts,
                  which, at times, may exceed federally insured limits. The
                  Company has not experienced any losses in such accounts.





                                       7
<PAGE>



                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

                  FOR THE THREE MONTHS ENDED DECEMBER 31, 2003



(1)      Summary of Significant Accounting Policies, Continued:


         Recent Accounting Pronouncements:

                During April 2003, the FASB issued SFAS 149 - "Amendment of
                Statement 133 on Derivative Instruments and Hedging Activities",
                effective for contracts entered into or modified after June 30,
                2003, except as stated below and for hedging relationships
                designated after June 30, 2003. In addition, except as stated
                below, all provisions of this Statement should be applied
                prospectively. The provisions of this Statement that relate to
                Statement 133 Implementation Issues that have been effective for
                fiscal quarters that began prior to June 15, 2003, should
                continue to be applied in accordance with their respective
                effective dates. In addition, paragraphs 7(a) and 23(a), which
                relate to forward purchases or sales of when-issued securities
                or other securities that do not yet exist, should be applied to
                both existing contracts and new contracts entered into after
                June 30, 2003. The Company does not participate in such
                transactions. However, the Company is evaluating the effect of
                this new pronouncement, if any, and will adopt FASB 149 within
                the prescribed time.

                During May 2003, the FASB issued SFAS 150 - "Accounting for
                Certain Financial Instruments with Characteristics of both
                Liabilities and Equity", effective for financial instruments
                entered into or modified after May 31, 2003, and otherwise is
                effective for public entities at the beginning of the first
                interim period beginning after June 15, 2003. This Statement
                establishes standards for how an issuer classifies and measures
                certain financial instruments with characteristics of both
                liabilities and equity. It requires that an




                                       8
<PAGE>


                          FULL CIRCLE PROMOTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

                  FOR THE THREE MONTHS ENDED DECEMBER 31, 2003


(1)      Summary of Significant Accounting Policies, Continued:

         Recent Accounting Pronouncements:

                issuer classify a freestanding financial instrument that is
                within its scope as a liability (or an asset in some
                circumstances). Many of those instruments were previously
                classified as equity. Some of the provisions of this Statement
                are consistent with the current definition of liabilities in
                FASB Concepts Statement No. 6, Elements of Financial Statements.
                The Company is evaluating the effect of this new pronouncement
                and will adopt FASB 150 within the prescribed time.

                In January 2003, the FASB issued Interpretation No. 46,
                "Consolidation of Variable Interest Entities." Interpretation 46
                changes the criteria by which one company includes another
                entity in its consolidated financial statements. Previously, the
                criteria were based on control through voting interest.
                Interpretation 46 requires a variable interest entity to be
                consolidated by a company if that company is subject to a
                majority of the risk of loss from the variable interest entity's
                activities or entitled to receive a majority of the entity's
                residual returns or both. A company that consolidates a variable
                interest entity is called the primary beneficiary of that
                entity. The consolidation requirements of Interpretation 46
                apply immediately to variable interest entities created after
                January 31, 2003. The consolidation requirements apply to other
                entities in the first fiscal year or interim period beginning
                after December 15, 2003. Certain of the disclosure requirements
                apply in all financial statements issued after January 31, 2003,
                regardless of when the variable interest entity was established.
                In December 2003, the FASB concluded to revise certain elements
                of FIN 46, which will be issued shortly. The FASB also modified
                the effective date of FIN 46. For all entities that were
                previously considered special purpose entities, FIN 46 should be
                applied in periods ending after December 15, 2003. Otherwise,
                FIN 46 is to be applied for registrants who file under
                Regulation S-X in periods ending after March 15, 2004, and for
                registrants who file under Regulation S-B, in periods ending
                after December 15, 2004. The Company does not expect the
                adoption to have a material impact on the Company's financial
                position or results of operations."

                In December 2003, the FASB issued a revised SFAS No. 132,
                "Employers' Disclosures about Pensions and Other Postretirement
                Benefits" which replaces the previously issued Statement. The
                revised Statement increases the existing disclosures for defined
                benefit pension plans and other defined benefit postretirement
                plans. However, it does not change the measurement or
                recognition of those plans as required under SFAS No. 87,
                "Employers' Accounting for Pensions," SFAS No. 88, "Employers'
                Accounting for Settlements and Curtailments of Defined Benefit
                Pension Plans and for Termination Benefits," and SFAS No. 106,
                "Employers' Accounting for Postretirement Benefits Other Than
                Pensions." Specifically, the revised Statement requires
                companies to provide additional disclosures about pension plan
                assets, benefit obligations, cash flows, and benefit costs of
                defined benefit pension plans and other defined benefit
                postretirement plans. Also, companies are required to provide a
                breakdown of plan assets by category, such as debt, equity and
                real estate, and to provide certain expected rates of return and
                target allocation percentages for these asset categories. The
                Company has implemented this pronouncement and has concluded
                that the adoption has no material impact to the financial
                statements.

(2)      Stockholders' Equity (unaudited)

                During December 2003, the Company sold 270,000 shares of common
                stock at $0.20 per share for $54,000, the fair market value of
                the stock. Of the $54,000 gross proceeds, only $36,000 was
                received as of December 31, 2003. The remaining $18,000 was
                received in January 2004 and has been presented as stock
                subscription receivable in the current asset section of the
                balance sheet at December 31, 2003.

(3)      Cost of Sales:

                The Company had revenues of $0, $500 and $41,655 for the three
                months ended December 31, 2003 and 2002 and for the period from
                October 12, 2001 to December 31, 2003, respectively (unaudited).
                The related cost of sales were estimated using a reasonable
                labor cost for services performed.

(4)      Related-Party Transactions:

                An officer of the Company provided office space to the Company
                at $500 per month on a month-to-month basis, which was recorded
                as a contribution to capital. Total office expense amounted to
                $1,500, $1,500 and $13,000 for the three months ended December
                31, 2003 and 2002 and for the period from October 12, 2001 to
                December 31, 2003, respectively (unaudited).


                                       9
<PAGE>



ITEM 2.  PLAN OF OPERATION
--------------------------

THIS FOLLOWING INFORMATION SPECIFIES CERTAIN FORWARD-LOOKING STATEMENTS OF
MANAGEMENT OF THE COMPANY. FORWARD-LOOKING STATEMENTS ARE STATEMENTS THAT
ESTIMATE THE HAPPENING OF FUTURE EVENTS AND ARE NOT BASED ON HISTORICAL FACT.
FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY THE USE OF FORWARD-LOOKING
TERMINOLOGY, SUCH AS "MAY", "SHALL", "WILL", "COULD", "EXPECT", "ESTIMATE",
"ANTICIPATE", "PREDICT", "PROBABLE", "POSSIBLE", "SHOULD", "CONTINUE", OR
SIMILAR TERMS, VARIATIONS OF THOSE TERMS OR THE NEGATIVE OF THOSE TERMS. THE
FORWARD-LOOKING STATEMENTS SPECIFIED IN THE FOLLOWING INFORMATION HAVE BEEN
COMPILED BY OUR MANAGEMENT ON THE BASIS OF ASSUMPTIONS MADE BY MANAGEMENT AND
CONSIDERED BY MANAGEMENT TO BE REASONABLE. OUR FUTURE OPERATING RESULTS,
HOWEVER, ARE IMPOSSIBLE TO PREDICT AND NO REPRESENTATION, GUARANTY, OR WARRANTY
IS TO BE INFERRED FROM THOSE FORWARD-LOOKING STATEMENTS.

THE ASSUMPTIONS USED FOR PURPOSES OF THE FORWARD-LOOKING STATEMENTS SPECIFIED IN
THE FOLLOWING INFORMATION REPRESENT ESTIMATES OF FUTURE EVENTS AND ARE SUBJECT
TO UNCERTAINTY AS TO POSSIBLE CHANGES IN ECONOMIC, LEGISLATIVE, INDUSTRY, AND
OTHER CIRCUMSTANCES. AS A RESULT, THE IDENTIFICATION AND INTERPRETATION OF DATA
AND OTHER INFORMATION AND THEIR USE IN DEVELOPING AND SELECTING ASSUMPTIONS FROM
AND AMONG REASONABLE ALTERNATIVES REQUIRE THE EXERCISE OF JUDGMENT. TO THE
EXTENT THAT THE ASSUMED EVENTS DO NOT OCCUR, THE OUTCOME MAY VARY SUBSTANTIALLY
FROM ANTICIPATED OR PROJECTED RESULTS, AND, ACCORDINGLY, NO OPINION IS EXPRESSED
ON THE ACHIEVABILITY OF THOSE FORWARD-LOOKING STATEMENTS. WE CANNOT GUARANTY
THAT ANY OF THE ASSUMPTIONS RELATING TO THE FORWARD-LOOKING STATEMENTS SPECIFIED
IN THE FOLLOWING INFORMATION ARE ACCURATE, AND WE ASSUME NO OBLIGATION TO UPDATE
ANY SUCH FORWARD-LOOKING STATEMENTS.

CRITICAL ACCOUNTING POLICY AND ESTIMATES. Our Management's Discussion and
Analysis of Financial Condition and Results of Operations section discusses our
financial statements, which have been prepared in accordance with
accounting principles generally accepted in the United States of America. The
preparation of these financial statements requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at
the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. On an on-going basis, management evaluates
its estimates and judgments, including those related to revenue recognition,
accrued expenses, financing operations, and contingencies and litigation.
Management bases its estimates and judgments on historical experience and on
various other factors that are believed to be reasonable under the
circumstances, the results of which form the basis for making judgments about
the carrying value of assets and liabilities that are not readily apparent from
other sources. Actual results may differ from these estimates under different
assumptions or conditions. The most significant accounting estimates inherent in
the preparation of our financial statements include estimates as to the
appropriate carrying value of certain assets and liabilities which are not
readily apparent from other sources. These accounting policies are described at
relevant sections in this discussion and analysis and in the notes to the
financial statements included in our Quarterly Report on Form 10-QSB for the
period ended December 31, 2003.


                                       10
<PAGE>

We were incorporated in Nevada on October 12, 2001. We provide clients with
website development services. We help companies determine their needs for their
own website, and then design and develop websites for those companies. We intend
to design these websites so that our clients can attract their desired audience
to their website. We hope that the sites we design for our clients will help
them market themselves to their customers and generate business. We hope that
the websites we design for our clients will be easy for their customers to use,
easy to maintain, and use the latest in website features. We target customers
who require such website development services, especially smaller firms,
startups, and vocational schools. We are currently in the process of seeking
candidates to augment our management and technical staff who we hope will assist
us in implementing our business plan.

LIQUIDITY AND CAPITAL RESOURCES. We have cash of $58,160 as of December 31, 2003
and a stock subscription receivable of $18,000, making our total current assets
$76,160. During December 2003, we issued 270,000 shares of our common stock at
$0.20 per share for $54,000, pursuant to our registration statement on Form
SB-2. Of that $54,000, we received $36,000 in December 2003 and the remaining
$18,000 in January 2004. We believe that we have sufficient resources to pay our
expenses for the next twelve months. In order to expand our operations by
performing work for additional customers, we may need additional funds to market
our services to potential clients. We may not be able to market our services
sufficiently to gain additional clients without funds raised from an external
source. As of December 31, 2003, our total liabilities were $5,503, all of which
was for accounts payable and accrued expenses. We have a month-to-month contract
for internet access provided by Epoch Internet. This cost is $20 per month. We
do not have any long term commitments or contingencies.

FOR THE THREE MONTHS ENDED DECEMBER 31, 2003.
----------------------------------------------------

RESULTS OF OPERATIONS.

REVENUES. For the three months ended December 31, 2003, we did not generate any
revenues from our operations. This is in comparison to the three months ended
December 31, 2002, where we generated $500 in revenues. The decrease in revenues
was due to focusing our efforts on refining our business plan rather than
conducting operations.

OPERATING EXPENSES. For three months ended December 31, 2003, we had $1,879 in
general and administrative expenses, which also represented our net loss for
that period. This is in comparison to the three months ended December 31, 2002,
we had $3,965 in general and administrative expenses, making our net loss
$3,465. The decrease in our net loss is due to the fact that we conducted
minimal operations and no sales during the most recent period.

OUR PLAN OF OPERATION FOR THE NEXT TWELVE MONTHS. To effectuate our business
plan during the next twelve months, we must increase our current customer base.
We are currently in the process of seeking candidates to augment our management
and technical staff who we hope will assist us in implementing our business
plan. We hope to use our website to attract more clients so that we can obtain
more service contracts, which is currently our only source of revenues. We have
cash of $58,160 as of December 31, 2003. During December 2003, we issued 270,500
shares of our common stock at $0.20 per share for $54,000 pursuant to our
registration statement on Form SB-2 which was declared effective earlier in
2003. Of the $54,000 raised in December 2003, $36,000 was received that month
and the remaining in January 2004. We believe we have adequate funds to satisfy
our working capital requirements for the next twelve months. Our forecast for
the period for which our financial resources will be adequate to support our
operations involves risks and uncertainties and actual results could fail as a
result of a number of factors. We may need to raise additional capital to expand
our operations. In the event that we experience a shortfall in our capital, we
intend to pursue capital through public or private financing as well as
borrowings and other sources, such as our officers and directors. We cannot
guaranty that additional funding will be available on favorable terms, if at
all. If adequate funds are not available, then our ability to expand our
operations may be significantly hindered. If adequate funds are not available,
we believe that our officers and directors will contribute funds to pay for our
expenses to achieve our objectives over the next twelve months.

We are not currently conducting any research and development activities, other
than the development of our website. We do not anticipate conducting such
activities in the near future. In the event that we expand our customer base,
then we may need to hire additional employees or independent contractors as well
as purchase or lease additional equipment. We will be required to purchase or
lease a server in order to provide web hosting services.

ITEM 3. CONTROLS AND PROCEDURES
-------------------------------

(a) Evaluation of disclosure controls and procedures. We maintain controls and
procedures designed to ensure that information required to be disclosed in the
reports that we file or submit under the Securities Exchange Act of 1934 is
recorded, processed, summarized and reported within the time periods specified
in the rules and forms of the Securities and Exchange Commission. Based upon
their evaluation of those controls and procedures performed as of December 31,
2003, our chief executive officer and the principal financial officer concluded
that our disclosure controls and procedures were adequate.


                                       11
<PAGE>

(b) Changes in internal controls. There were no significant changes in our
internal controls or in other factors that could significantly affect these
controls subsequent to the date of the evaluation of those controls by the chief
executive officer and principal financial officer.

                          PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.
--------------------------

None.

ITEM 2. CHANGES IN SECURITIES.
------------------------------

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
----------------------------------------

None.

ITEM 4.  SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS
----------------------------------------------------------

None.

ITEM 5.  OTHER INFORMATION
--------------------------

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
-----------------------------------------

(a) Exhibits.

         31. Rule 13a-14(a)/15d-14(a) Certifications.

         32. Section 1350 Certifications.

(b) Reports on Form 8-K.

On October 21, 2003, we filed a report on Form 8-K to report that Neilan Vancas
resigned as our Chief Financial Officer, Treasurer and one of our directors on
October 20, 2003. The resignation was not the result of any disagreement with us
on any matter relating to our operations, policies or practices. A copy of Mr.
Vancas' resignation is filed as Exhibit 17.1 to that Form 8-K.





                                       12
<PAGE>



SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                  Full Circle Promotions, Inc.,
                                  a Nevada corporation



February 23, 2004        By:      /s/ Sean Connelly
                                  -----------------------------------
                                  Sean Connelly
                                  Chief Executive Officer, President,
                                  Chief Financial Officer, Secretary, Director