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

                                   FORM 10-QSB


(Mark One)

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

                For the quarterly period ended September 30, 2001

[ ]  TRANSITION  REPORT  UNDER SECTION  13 OR 15(d) OF THE  SECURITIES  EXCHANGE
     ACT OF 1934

                  For the transition period from          to
                                                 --------    --------
                         Commission file number 0-27737
                                                -------


                              eSportbike.com, Inc.
                              --------------------
        (Exact name of small business issuer as specified by its charter)


               77-0454856                              NEVADA
    ---------------------------------       -------------------------------
    (IRS Employer Identification No.)       (State or other jurisdiction of
                                             Incorporation or organization)

          Suite #700-509 Richards St.,Vancouver, B.C., Canada, V6B 2Z6
       ------------------------------------------------------------------
                    (Address of principal executive offices)
                                 (604) 692-2520
                                 --------------
                           (Issuers telephone number)

                      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: September 30, 2001 16,400,000
                                         -----------------------------

Transitional Small Business Disclosure Format (check one). Yes [ ] No [x]



<PAGE>








                              eSportbike.com, Inc.
                          (A Development Stage Company)



                              Financial Statements
                           (Expressed in U.S. Dollars)
                                   (Unaudited)
                               September 30, 2001










<PAGE>

James Stafford
Professional                  Chartered Accountant               An Incorporated
--------------------------------------------------------------------------------




                            REVIEW ENGAGEMENT REPORT


To the Shareholders of
eSportbike.com, Inc.
(A development Stage Company)

I have  reviewed the balance sheet of  eSportbike.com,  Inc. as at September 30,
2001 and the  statements of  operations  and deficit,  changes in  shareholders'
equity and cash flows for the nine-month  period then ended.  My review was made
in accordance  with  generally  accepted  standards for review  engagements  and
accordingly consisted primarily of enquiry, analytical procedures and discussion
related to information supplied to me by management.

A review does not constitute an audit and consequently I do not express an audit
opinion on these financial statements.

Based on my review  nothing has come to my  attention  that causes me to believe
that these financial statements are not, in all material respects, in accordance
with generally accepted accounting principles.



                                                   /S/ James Stafford

Vancouver, Canada                                  Chartered Accountant

November 6, 2001


Suite 300, The Randall Building, 555 West Georgia Street, Vancouver, BC, Canada,
V6B 1Z6
  Telephone (604) 669-0711 Fax (604) 669-0754 Email j_stafford@staffordsca.com




<PAGE>
<TABLE>
<CAPTION>

eSportbike.com, Inc.
(A Development Stage Company)
Balance Sheet
(Expressed in U.S. dollars)
(Unaudited)
==================================================================================================================================
                                                                                September 30,     September 30,       December 31,
                                                                                   2001              2000               2000
----------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>               <C>                 <C>
ASSETS

Current assets
    Cash and cash equivalents                                                   $   3,850         $   1,241           $    --
    Accounts receivable                                                             2,880             3,151               4,913
    Prepaid expenses                                                                1,097              --                 1,155
                                                                                ---------         ---------           ---------

                                                                                    7,827             4,392               6,068

Capital assets (Note 3)                                                             3,088             8,163               6,848
                                                                                ---------         ---------           ---------

                                                                                $  10,915         $  12,555           $  12,916
===============================================================================================================================

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities
    Bank indebtedness                                                           $    --           $   7,460           $      55
    Accounts payable and accrued liabilities                                       22,399              --                16,926
                                                                                ---------         ---------           ---------

                                                                                   22,399             7,460              16,981

Due to shareholders (Note 4)                                                      241,736           180,110             233,035
                                                                                ---------         ---------           ---------

                                                                                  264,135           187,570             250,016
                                                                                ---------         ---------           ---------

Shareholders' equity
    Capital stock (Note 5)
      Authorized
        100,000,000 common shares with a par value of $.001 per share
      Issued and outstanding
        16,400,000 common shares at September 30, 2001 and 2000                    16,400            16,400              16,400
      Additional paid-in capital                                                    3,812             3,812               3,812
    Deficit, accumulated during the development stage                            (273,432)         (195,227)           (257,312)
                                                                                ---------         ---------           ---------

                                                                                 (253,220)         (175,015)           (237,100)
                                                                                ---------         ---------           ---------

                                                                                $  10,915         $  12,555           $  12,916
===============================================================================================================================
Nature and Continuance of Operations (Note 1)
</TABLE>


On behalf of the Board:

_____________________________Director_____________________________Director


  These accompanying notes are an integral part of these financial statements.

<PAGE>
<TABLE>
<CAPTION>

eSportbike.com, Inc.
(A Development Stage Company)
Statement of Operations and Deficit
(Expressed in U.S. dollars)
(Unaudited)
========================================== ============================ =================== ================== ===================

                                                 For the             For the            For the             For the
                                               Three-month         Three-month         Nine-month          Nine-month
                                               Period ended        Period ended       Period ended        Period ended
                                               September 30,       September 30,      September 30,       September 30,
                                                   2001                2000               2001                2000
---------------------------------------------------------------------------------------------------------------------------------
<S>                                            <C>                 <C>                <C>                 <C>
REVENUE
    Advertising                                $        --         $       2,633      $       9,262       $       3,614
                                               -------------       -------------      -------------       -------------

EXPENSES
    Accounting and legal                               3,848               1,716              8,320               4,420
    Advertising and promotion                           --                22,360                400              84,685
    Amortization                                       1,253               5,275              3,758               5,275
    Bank charges and interest                             42                 123                256                 405
    Consulting fees                                     --                   168                775               8,279
    Insurance                                           --                     6               --                 1,020
    Internet services                                   --                  --               11,619                --
    Management fees                                     --                32,726               --                53,882
    Office and miscellaneous                            --                 6,758              1,150              10,252
    Rent                                                --                 7,644              2,528               7,644
    Telephone                                           --                 1,841                270               1,841
    Transfer and filing fees                              13               1,262              1,072               1,262
    Travel                                              --                 8,759               --                15,262
                                               -------------       -------------      -------------       -------------

                                                       5,156              88,638             30,148             194,227
                                               -------------       -------------      -------------       -------------

Net loss before other items                           (5,156)            (86,005)           (20,886)           (190,613)
                                               -------------       -------------      -------------       -------------

OTHER ITEMS
    Interest income                                     --                   189               --                   672
    Foreign exchange gain                              4,244                --                4,766                --
                                               -------------       -------------      -------------       -------------

                                                       4,244                 189              4,766                 672
                                               -------------       -------------      -------------       -------------

Net loss for the period                                 (912)            (85,816)           (16,120)           (189,941)

Deficit, accumulated during the                     (272,520)             (5,286)          (257,312)             (5,286)
development stage, beginning of                -------------       -------------      -------------       -------------
period

Deficit, accumulated during the                $    (273,432)      $    (91,102)      $    (273,432)      $    (195,227)
development stage, end of period
=======================================================================================================================

Loss per share (Note 2)                        $      (0.001)      $     (0.005)      $      (0.001)      $      (0.021)
=======================================================================================================================
</TABLE>




   The accompanying notes are an integral part of these financial statements.


<PAGE>
<TABLE>
<CAPTION>


eSportbike.com, Inc.
(A Development Stage Company)
Statement of Changes in Shareholders' Equity
(Expressed in U.S. dollars)
(Unaudited)
=================================================================================================================================

                                                                                                        Deficit
                                                                                                      Accumulated
                                                                        Number                         During the
                                                                       Of Shares                      Exploration
                                                                        Issued           Amount          Stage           Total
---------------------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>             <C>             <C>
Balance at December 31, 1999                                           5,400,000     $      9,212    $     (5,286)   $      3,926
  Shares issued for settlement of debt                                11,000,000           11,000            --            11,000
  Net loss for the period                                                   --               --          (252,026)       (252,026)
                                                                    ------------     ------------    ------------    ------------

Balance at December 31, 2000                                          16,400,000     $     20,212    $   (257,312)   $   (237,100)
=================================================================================================================================


Balance at December 31, 1999                                           5,400,000     $      9,212    $     (5,286)   $      3,926
  Shares issued for settlement of debt                                11,000,000           11,000            --            11,000
  Net loss for the period                                                   --               --          (189,941)       (189,941)
                                                                    ------------     ------------    -------------   -------------

Balance at September 30, 2000                                         16,400,000     $     20,212    $   (195,227)   $   (175,015)
=================================================================================================================================


Balance at December 31, 2000                                          16,400,000     $     20,212    $   (257,312)   $   (237,100)
  Net loss for the period                                                   --               --           (16,120)        (16,120)
                                                                    ------------     ------------    -------------   -------------

Balance at September 30, 2001                                         16,400,000     $     20,212    $   (273,432)   $   (253,220)
=================================================================================================================================
</TABLE>







   The accompanying notes are an integral part of these financial statements.


<PAGE>
<TABLE>
<CAPTION>


eSportbike.com, Inc.
(A Development Stage Company)
Statement of Cash Flows
(Expressed in U.S. dollars)
(Unaudited)
===================================================================================================================================
                                                             For the             For the             For the            For the
                                                           Three-month         Three-month          Nine-month         Nine-month
                                                           Period ended        Period ended        Period ended       Period ended
                                                           September 30,       September 30,       September 30,      September 30,
                                                              2001                2000                2001               2000
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>                 <C>                 <C>                <C>
Cash flows from operating activities
      Loss for the period                                  $    (912)          $ (85,816)          $ (16,120)         $(189,941)
          Adjustments to reconcile loss to net cash
          used in operating activities
          Amortization of capital assets                       1,253               5,275               3,758              5,275
                                                           ---------           ---------           ---------          ---------

                                                                 341             (80,541)            (12,362)          (184,666)
      Changes in non-cash working capital items
          (Increase) decrease in accounts receivable           3,268              (2,170)              2,033              3,526
          (Increase) decrease in prepaid expenses                 46               5,340                  58               --
          Increase (decrease) in accounts payable                327              12,892               5,475             15,709
                                                           ---------           ---------           ---------          ---------

                                                               3,982             (64,479)             (4,796)          (165,431)
                                                           ---------           ---------           ---------          ---------

Cash flows from investing activities
      Purchase of capital assets                                --                (2,324)               --              (13,438)
                                                           ---------           ---------           ---------          ---------

Cash flows from financing activities
       Amounts due to shareholders                            (4,106)             54,943               8,701            180,110
                                                           ---------           ---------           ---------          ---------

Net increase in cash and cash equivalents                       (124)            (11,860)              3,905              1,241

Cash and cash equivalents, beginning of period                 3,974              13,101                 (55)              --
                                                           ---------           ---------           ---------          ---------

Cash and cash equivalents, end of period                   $   3,850           $   1,241           $   3,850          $   1,241
========================================================   =========           =========           =========          =========
</TABLE>


   The accompanying notes are an integral part of these financial statements.


<PAGE>

eSportbike.com, Inc.
(A Development Stage Company)
Notes to Financial Statements
(Expressed in U.S. dollars)
(Unaudited)
September 30, 2001
================================================================================

1.       Nature and Continuance of Operations

         eSportbike.com, Inc. (the "Company") was incorporated under the laws of
         the state of Nevada on April 7, 1997.  The Company ceased all operating
         activities from its date of  incorporation  on April 7, 1997 to July 9,
         1999.  The Company is in the  development  stage and is  developing  an
         Internet website which provides community, content and commerce for the
         sportbike and motorcycle enthusiast.

         These financial  statements have been prepared with the assumption that
         the  Company  will be able to  realize  its assets  and  discharge  its
         liabilities  in the normal  course of business  rather  than  through a
         process of forced liquidation.  Continued operations of the Company are
         dependent  on the  Company's  ability  to receive  continued  financial
         support,  complete  public  equity  financing,  or generate  profitable
         operations  in the  future.  There is a  substantial  doubt  about  the
         Company's ability to continue as a going concern.

         These  unaudited  interim  financial  statements  have been prepared in
         accordance with accounting policies as set out in the Company's audited
         financial statements for the year ended December 31, 2000.

         These  financial  statements  have been  prepared  in  accordance  with
         generally   accepted   accounting   principles  for  interim  financial
         information and with the  instructions to Rule 10-01 of Regulation S-X.
         Accordingly,  they do not include all of the  information and footnotes
         required by  generally  accepted  accounting  principles  for  complete
         financial  statements.  In  the  opinion  of  management,   adjustments
         (consisting or normal recurring  accruals)  considered  necessary for a
         fair  presentation  have  been  included.  Operating  results  for  the
         nine-month  period  ending  September  30,  2001  are  not  necessarily
         indicative  of the  results  that may be  expected  for the year  ended
         December  31, 2001.  For further  information,  refer to the  financial
         statements  of  eSportbike.com,  Inc.  for the year ended  December 31,
         2000.

2.       Significant Accounting Policies

         Cash and cash equivalents

         Cash and cash equivalents  represent  highly liquid market  investments
         with original maturities of three months or less.

         Capital assets and amortization

         Capital  assets are recorded at cost,  and  amortization  is calculated
         using the straight-line method over the estimated economic useful lives
         of the related assets as follows:

                  Furniture                          5 years straight line
                  Computer hardware                  3 years straight line
                  Intangibles                        2 years straight line



<PAGE>
<TABLE>
<CAPTION>

eSportbike.com, Inc.
(A Development Stage Company)
Notes to Financial Statements
(Expressed in U.S. dollars)
(Unaudited)
September 30, 2001
================================================================================

         Use of estimates

         The  preparation of financial  statements in conformity  with generally
         accepted accounting  principles,  requires management to make estimates
         and  assumptions  which  affect  the  reported  amounts  of assets  and
         liabilities  at the date of the financial  statements  and the reported
         amount of revenue and  expenses  during the  reporting  period.  Actual
         results may differ from these estimated amounts.

         Financial instruments

         Financial  instruments are initially  recorded at historical  costs. If
         subsequent  circumstances  indicate  that a decline  in fair value of a
         financial  instrument is other than  temporary,  the financial asset is
         written-down to its fair value.

         Basic loss per share

         Loss per share is  calculated  using  the  weighted  average  number of
         shares  outstanding during the period. For the nine-month periods ended
         September  30, 2001 and 2000,  the  weighted  average  number of common
         shares outstanding were 16,400,000 and 9,066,666 respectively.  For the
         three-month  periods ended  September  30, 2001 and 2000,  the weighted
         average  number  of  common  shares  outstanding  were  16,400,000  and
         16,400,000 respectively.

         In February  1997,  the  Financial  Accounting  Standards  Board issued
         Statement of Financial  Standards No. 128,  "Earnings per share" ("SFAS
         128").   Under  SFAS  128,   diluted  earnings  per  share  takes  into
         consideration the weighted average number of shares  outstanding during
         the year and potentially  dilutive common shares. For the periods ended
         September   30,   2000  and  2001   this   calculation   proved  to  be
         anti-dilutive.

         Basic loss per share is computed as follows:

                                                               Three month     Three month     Nine month     Nine month
                                                               period ended    period ended   period ended   period ended
                                                               September 30,   September 30,  September 30,  September 30,
                                                                   2001            2000           2001           2000
--------------------------------------------------------------------------------------------------------------------------
<S>                                                            <C>             <C>            <C>           <C>

         Numerator:
                    Numerator for net loss per share           $      (912)    $   (85,816)   $   (16,120)  $   (189,941)
         Denominator:
                Weighted average shares outstanding             16,400,000      16,400,000     16,400,000      9,066,666
---------------------------------------------------------------------------------------------------------------------------
         Net loss per share - basic                            $    (0.001)    $    (0.005)   $    (0.001)  $     (0.021)
---------------------------------------------------------------------------------------------------------------------------
</TABLE>

         Foreign exchange

         The  functional  currency of the Company is  Canadian  dollars.  Income
         statement  items  are  translated  into  U.S.  dollars  at the  average
         exchange rate during the period.  At the balance  sheet date,  monetary
         items are adjusted to reflect the exchange rate in effect at that time.

         Exchange gains and losses  arising on the  translation or settlement of
         foreign  currency  denominated  monetary  items  are  included  in  the
         determination of net income for the current period.


<PAGE>
<TABLE>
<CAPTION>

eSportbike.com, Inc.
(A Development Stage Company)
Notes to Financial Statements
(Expressed in U.S. dollars)
(Unaudited)
September 30, 2001
===================================================================================================================

3.       Capital Assets

===================================================================================================================
                                                                                                Net book value
                                                                           Accumulated    September 30,    September 30,
                                                             Cost          Amortization       2001             2000
------------------------------------------------------------------------------------------------------------------------
<S>                                                       <C>              <C>             <C>             <C>

         Computer equipment                               $     4,664      $     2,718     $     1,946     $     4,256
         Furniture and equipment                                  417              142             276            --
         Intangibles                                            6,793            5,927             866           3,907
                                                          -----------      -----------     -----------     -----------
                                                          $    11,874      $     8,787     $     3,088     $     8,163
======================================================================================================================
</TABLE>

         On March 2, 2000,  the Company  entered into an  agreement  whereby the
         Company  purchased  the  assets of the  proprietorship  eSportbike.com,
         essentially consisting of the domain name. The purchase price consisted
         of  CDN$10,000  (US$6,793)  and the  assumption of  liabilities  in the
         amount  of  CAD$113,000.   The  assumption  of  liabilities  was  later
         renegotiated to $1. At September 30, 2001,  accounts  payable  includes
         $6,793 of the purchase price.

4.       Due to Shareholders

         Amounts due to shareholders  are  non-interest  bearing,  unsecured and
         have no fixed terms of repayment.

5.       Capital Stock

         Included as issued capital stock are 11,000,000 common shares which may
         not be traded without regulatory approval.

         During the period ended March 31, 2000, the Company  issued  11,000,000
         common shares valued at $11,000 to three shareholders of the Company as
         compensation for management services (Note 6).

         On February 23, 2000 the Board of Directors  authorized  the acceptance
         of 800,000  restricted  common  shares  returned  to the Company by its
         former Officer and Director.  The shares were canceled immediately upon
         receipt.

         On February 23, 2000 the Board of Directors  authorized a 27 to 1 stock
         split.  As a result of this split the Company issued  5,200,000  common
         shares. All references in the accompanying  financial statements to the
         number of common  shares and  per-share  amounts for 2001 and 2000 have
         been restated to reflect this stock split.

6.       Related Party Transactions

         During the  nine-month  period ended  September  30, 2000,  the Company
         issued 11,000,000 common shares valued at $11,000 to three shareholders
         of the Company as compensation for management services (Note 5).

         On January 15, 2001,  the Company  entered  into an agreement  with two
         directors and  shareholders  of the Company and certain third  parties,
         whereby for cash proceeds of $220,000 the directors  assigned  debts of
         $220,000  owed  to  them  to the  third  party,  transferred  5,000,000
         restricted  common  shares  of the  Company  owned by them to the third
         party, and resigned as directors of the Company.



<PAGE>
<TABLE>
<CAPTION>

eSportbike.com, Inc.
(A Development Stage Company)
Notes to Financial Statements
(Expressed in U.S. dollars)
(Unaudited)
September 30, 2001
================================================================================

7.       Income taxes

         Income taxes are calculated in accordance  with the provision set forth
         in SFAS No. 109,  "Accounting  for Income  Taxes."  Under SFAS No. 109,
         deferred  income taxes are  determined  using an asset and  liabilities
         approach.   This  method   gives   consideration   to  the  future  tax
         consequences   associated  with   differences   between  the  financial
         accounting and tax basis of assets and liabilities, and gives immediate
         effect to changes in income tax laws. Temporary differences giving rise
         to  the  deferred  tax  asset  consist   primarily  of  the  excess  of
         amortization for accounting purposes over the amount for tax purposes.

         The  Company  has fully  reserved  the tax  benefits  of these  amounts
         because the  likelihood of  realization  of the tax benefits  cannot be
         determined.


8.       Comparative Figures

         Certain  prior  periods'  figures have been  restated to conform to the
         current period's presentation.

9.       United States Generally Accepted Accounting Policies

         These  financial  statements  have been  prepared  in  accordance  with
         generally  accepted  accounting  principles in Canada.  These financial
         statements  also  comply,  in all  material  aspects,  with  accounting
         principles  generally  accepted in the United  States and the rules and
         regulations of the Securities and Exchange Commission.

10.      Supplemental Disclosures with Respect to Cash Flows


                                                                                        Nine-month            Nine-month
                                                                                       period ended          period ended
                                                                                    September 30, 2001    September 30, 2001
         -------------------------------------------------------------------------------------------------------------------
<S>                                                                                   <C>                   <C>

         Cash paid during the year for interest                                       $       Nil           $       Nil
         ==================================================================================================================

         Cash paid during the year for income taxes                                   $       Nil           $       Nil
         ==================================================================================================================

</TABLE>

         During the period ended March 31, 2000, the Company issued 11,000,000
         common shares valued at $11,000 to three shareholders of the Company as
         compensation for management services (Note 6).





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

<PAGE>


Plan of Operations.

         Sinoray Technology acquired a majority interest in eSportbike.com, Inc.
(the  "Company")  in  January  2001.  Since the  acquisition,  the  Company  has
continued  its  development  of  the   eSportbike.com  web  site  that  provides
community, content and commerce for the sportbike and motorcycle enthusiast. The
Company intends to merge the business of eSportbike.com  and Sinoray  Technology
within the next 12 months.  The  Company  then  intends to further  develop  the
sportbike  web  site-based  business  and add the  existing  business of Sinoray
Technology. The Company also plans to make strategic acquisitions of new clients
and companies also servicing the software needs of major Asian banks.

         Sinoray  Technology  provides software solutions and ongoing support to
major  Chinese  banks to assist  them in  implementing  credit  and  debit  card
strategies for their customers. Even though Sinoray Technology clients are large
banks,  they have not offered credit or debit cards to their customers on a wide
scale.  Management  believes  that this is rapidly  changing and all major Asian
banks are issuing credit cards to the bulk of their urban customers.  This rapid
expansion  together  with  the  technological  requirements  to  interface  with
international credit card services such as Visa, Mastercard and American Express
for domestic and foreign users have placed considerable technical demands on the
banks. As a result, they have outsourced these services as they generally do not
have the  capability  and  resources  internally  to meet these  needs.  Sinoray
Technology's  management  have many years of direct  experience  developing  and
supporting similar software solutions in China and internationally.

         The Company's sportbike business is focused on meeting the needs of the
sportbike and motorcycle  audience online.  The website is a location where such
individuals  can share  information,  publish  pictures,  communicate,  shop and
discover  relevant content targeted to their specific needs.  Since the web site
was  originally  launched in November  1998,  the  Company has  achieved  over 1
million unique visitors through 2000. Since re-launching eSportbike.com in March
2000, the site has enjoyed significant growth. Monthly banner ad views increased
from approximately 1.3 million in September 2000 to 2 million in December 2000.

         The  e-commerce  industry in which the Company  operates the sportsbike
business is very  competitive  and brand  recognition,  quality of site content,
merchandise selection, convenience, price, and service are critical factors. The
Company  has many  established  competitors,  ranging  from  local  single  unit
operations to large  multi-national  operations.  Some of these competitors have
substantially  greater  financial  resources  and may be  established  or indeed
become  established  in areas where the Company  operates.  The  industry may be
affected by changes in  customer  tastes,  economics,  and  demographic  trends.
Factors such as inflation,  increased  supplies  costs and the  availability  of
suitable  employees may adversely affect the e-commerce  industry in general and
the Company in particular.  In view of the Company's limited financial resources
and  management  availability,  the Company will continue to be at a significant
competitive disadvantage vis-a-vis the Company's competitors.

Results of Operations.

         From  April  7,  1997 to July  9,  1999  the  Company  was an  inactive
corporation. Since July 9, 1999 the Company has been a development stage company
and had not begun  principal  operations.  Accordingly,  comparisons  with prior
periods are not meaningful.

LIQUIDITY AND CAPITAL RESOURCES

The  Company has met its capital  requirements  through the private  sale of its
common stock.

         Since  the  Company's  re-activation  in July 9,  1999,  the  Company's
principal capital requirements have been the funding of its development.

         The  Company  intends to merge the  businesses  of  eSportBike.com  and
Sinoray  Technology.  Sinoray Technology is an operating company that internally
generates adequate cash flow to fund its own operations.  Sinoray Technology has
the opportunity to acquire additional clients and businesses,  which may require
additional capital to service and develop.

         After the  completion  of its expansion  plans,  including the proposed
merger of Sinoray  Technology  and  eSportbike.com,  Inc.,  the Company  expects
future  development  and  expansion  will be  financed  through  cash  flow from
operations  and other forms of financing  such as the sale of additional  equity
and debt securities,  capital leases and other credit  facilities.  There are no
assurances  that  such  financing  will be  available  on  terms  acceptable  or
favorable to the Company.

<PAGE>


Competition

         The Company  faces  competition  with  respect to Sinoray  Technology's
operations.  There are a number of companies servicing the software needs of the
major Asian banks.  However,  in the opinion of Management,  the specific market
niche of Sinoray  Technology is very  specialized  and few companies are able to
combine the unique  software and  operational  knowledge of Sinoray  Technology.
Companies like IBM, SLM Software and EDS all provide certain software  solutions
to these  banks.  There are also  several  domestic  Chinese  corporations  that
provide  some  aspects  of  development  and  support  to these  banks.  Sinoray
Technology  uniquely  provides a bridge between the western  standards of credit
and debit card companies and Asian operating procedures that makes them valuable
to their clients.  However,  many of the Company's  competitors operating in the
Asian markets have greater financial resources than the Company.

         The  Company  also  faces  competition  with  respect to its sport bike
business  from a wide variety of sport bike  specific  web sites,  many of which
have substantially greater financial, marketing and technological resources than
the Company.

         The  marketplace  for  Sport  Bike  specific  web sites is still in its
infancy.  Many of the web sites are not commercial,  and the biggest  commercial
sites are almost all strictly  relying on advertisers and not e-commerce  sales.
Several  sites  compete in this  market,  but no one has  emerged as an industry
leader.  We have  identified  competition  in  terms  of  specific  content  and
e-commerce  applications that are relevant to our industry. The Company competes
with several companies in respect of its sportbike operations, including but not
limited    to    Motorcycle    Online     http://www.motorcycle.com,     2wf.com
http://www.2wf.com, Motorcycle World http://www.motorcycleworld.com,  Motorcycle
Superstore    http://www.motorcycle-superstore.com    and   Imotorcyclestore.com
http://www.imotorcyclestore.com.

Employees

         At September 30, 2001 the Company had no full-time employees.

PART II - OTHER INFORMATION


Item  1. Legal Proceedings

         The Company is not a party to any pending legal  proceedings and to the
best of the Company's knowledge, none of the Company's assets are the subject of
any pending legal proceedings.

Item 2.  Change in Securities

         During the quarter of the fiscal year covered by this  report,  (i) the
Company did not modify the instruments  defining the rights of its shareholders,
(ii) no rights of any shareholders  were limited or qualified by any other class
of  securities,  and  (iii) the  Company  did not sell any  unregistered  equity
securities.


Item 3.  Defaults Upon Senior Securities

         During the  quarter  of the fiscal  year  covered  by this  report,  no
material  default has occurred with respect to any  indebtedness of the Company.
Also during this quarter,  no material arrearage in the payment of dividends has
occurred.

Item 4.  Submission of Matters to a Vote of Security Holders

         No matter was  submitted  to a vote of  security  holders,  through the
solicitation  of proxies or  otherwise,  during the  quarter of the fiscal  year
covered by this report

<PAGE>

Item  5.      Other Information

         On March 13, 2001,  Robert McLauchlan and Kent Courtice entered into an
agreement with Public Idea Capital Ltd., Xue Ming Liang,  Sinoray Technology and
the Company (the "Change in Control  Agreement")  whereby each of McLauchlan and
Courtice  transferred  5,000,000  shares of the Company  common stock to Sinoray
Technology (the "Transfer"). In exchange, Xue Ming Liang and Public Idea Capital
Ltd. assumed two hundred and twenty thousand dollars ($220,000) in debt that the
Company  owed to  McLauchlan  and Courtice and received the right to convert the
debt into shares of the Company  common stock at a price of US$0.08 per share on
a pro rata basis proportionate to who paid the debt.

         Mr.  Liang  is  a  controlling  shareholder  and  director  of  Sinoray
Technology  and Charles  Spooner is a  shareholder  and  director of Public Idea
Capital Ltd. In  connection  with the  Transfer,  McLauchlan  and Courtice  each
resigned his position as an officer and director of the Company.  As a result of
the Transfer, Sinoray Technology now owns a controlling interest in the Company.
The Company expects to merge with Sinoray Technology within the next 12 months.



<PAGE>


Item  6.      Exhibits and  Reports on  Form  8-K

 The following exhibits are included as part of this report:

Exhibit
Number                      Title of Document

2.1              Change of Control Agreement dated January 15, 2001(1)
3.1              Articles of Incorporation (2)
3.2              Amended Articles of Incorporation (2)
3.3              Bylaws (2)

(1)      Incorporated by reference to the Registrant's  Form 10-QSB filed on May
         21, 2001.

(2)      Incorporated by reference to the Registrant's registration statement on
         Form 10-SB filed on October 20, 1999.

(3)      Reports on Form 8-K filed.

No reports on Form 8-K were filed during the quarter ended June 30, 2001.




<PAGE>

                                   SIGNATURES


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

                                              ESPORTBIKE.COM, INC.
                                              (Registrant)


Date: November 19, 2001                       By: /s/ Xue Ming Liang
                                                  -----------------------
                                                Name:  Xue Ming Liang
                                                       ----------------------
                                                Title: President and Director
                                                       ----------------------

Date: November 19, 2001                       By: /s/ Charles Spooner
                                                  ---------------------------
                                                Name:  Charles Spooner
                                                       ----------------------
                                                Title: Director
                                                       ----------------------