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   June 30, 2000
                                                          ---------------

 [  ]    TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
              For the transition period from ____________ to _____________

                         Commission file number 0-27807

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

             Florida                                  91-1985843
--------------------------------        -------------------------------------
 (State or other jurisdiction of          (IRS Employer Identification No.)
  incorporation or organization)

               800 Bellevue Way NE, 4th Floor, Bellevue, WA 98004
    ------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (425) 990-5593
                           ---------------------------
                           (Issuer's telephone number)

As of August 1, 2000, there were 16,746,864 shares of CybeRecord,  Inc.'s Common
Stock, par value $.01 per share, outstanding.

Transitional Small Business Disclosure Format (Check one):  Yes [  ]   No [X]




<PAGE>



                                TABLE OF CONTENTS

PART I --  FINANCIAL INFORMATION

Item 1.  Financial Statements...............................................1

Item 2.  Plan of Operation..................................................6


PART II -- OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K...................................9

SIGNATURES.................................................................10













Note: Items 1, 2, 3, 4 and 5 under Part II - Other Information have been omitted
because they are not applicable.


<PAGE>



                         PART I -- FINANCIAL INFORMATION

Item 1.  Financial Statements.


                               CYBERECORD, INC.
                        (A Development Stage Company)


                                BALANCE SHEETS
                     June 30, 2000 and December 31, 1999



<TABLE>
<CAPTION>
                                                                 June 30, 2000          December 31, 1999
              ASSETS                                              (Unaudited)               (Audited)
                                                                ---------------          --------------
<S>                                                             <C>                      <C>
Current Assets
     Cash                                                       $       180,809          $      111,154
     Certificate of Deposit                                              50,000
     Prepaid expenses and deposits                                       21,864                  15,194
                                                                ---------------          --------------
              Total current assets                                      252,673                 126,348





Furniture and Equipment, at cost,
     less accumulated depreciation of $20,940
     at June 30, 2000 and $3,940 at December 31, 1999
     and $3,940 at December 31, 1999                                    115,059                  25,328

Capitalized Development Costs                                           657,101
                                                                ---------------          --------------
                                                                $     1,024,833          $      151,676
                                                                ===============          ==============

              LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
     Accounts payable                                           $        69,423          $       21,436


Stockholders' Equity
     Common stock, par value $.01                                       167,469                 154,719
     Additional paid-in capital                                       6,560,769               4,342,269
     Deficit accumulated during the
        development stage                                            (5,772,828)             (4,366,748)
                                                                ---------------          --------------
                                                                        955,410                 130,240
                                                                ---------------          --------------
                                                                $     1,024,833          $      151,676
                                                                ===============          ==============

</TABLE>




                             See Notes to Financial Statements



                                        1


<PAGE>

                                CYBERECORD, INC.
                          (A Development Stage Company)

                       STATEMENTS OF OPERATIONS Unaudited
For the Three Months and Six Months Ended June 30, 2000 and 1999, and the Period
                    From September 27, 1996 to June 30, 2000


<TABLE>
<CAPTION>
                                                                                                               Total
                                                                                                            Accumulated
                                                                                                              During
                                                                                                            Development
                                                                                                               Stage
                                                                                                          (September 27,
                                                 Three Months Ended               Six Months Ended            1996 to
                                           ------------------------------  -----------------------------      June 30,
                                           June 30, 2000    June 30, 1999  June 30, 2000   June 30, 1999       2000)
                                           -------------   --------------  -------------   -------------    --------------

<S>                                        <C>             <C>             <C>              <C>            <C>
Revenues, Interest income                  $       7,670   $           -   $      14,777    $           -  $        14,777

Expenses
     Write-off of acquired research
        and development                                        3,000,000                        3,000,000        3,000,000
     Research and development                                    128,317          96,699          128,317          272,124
     General and administrative                  925,278          65,587       1,324,158            9,199        2,515,481
                                           -------------   --------------  -------------    -------------   --------------

                                                 925,278       3,193,904       1,420,857        3,203,103        5,787,605
                                           -------------   --------------  -------------    -------------   --------------
              Net loss                     $    (917,608)  $  (3,193,904)  $  (1,406,080)   $  (3,203,103)  $   (5,772,828)
                                           =============   =============   =============    =============   ==============
Basic loss per share of common stock       $       (0.05)  $       (0.21)  $       (0.09)   $       (0.23)  $        (0.46)
                                           =============   =============   =============    =============   ==============

Weighted average number of
common shares outstanding                     16,746,864      15,038,530      16,321,864       13,687,199       12,579,419
                                           =============   =============   =============    =============   ==============

</TABLE>




                        See Notes to Financial Statements


                                        2


<PAGE>
                                CYBERECORD, INC.
                          (A Development Stage Company)


                  STATEMENTS OF STOCKHOLDERS' EQUITY Unaudited
                For the Six Months Ended June 30, 2000 and 1999,
            and the Period From September 27, 1996 to June 30, 2000





<TABLE>
<CAPTION>
                                                                                                 Deficit
                                                                                               Accumulated
                                                                                  Additional     During the
                                                        Common        Common       Paidin       Development Receivable for
                                                        Shares        Stock        Capital         Stage     Shares Sold     Total
                                                       ---------    ---------   ------------   ------------  -----------     -----

<S>                                                    <C>          <C>         <C>            <C>            <C>        <C>
Balances, September 27, 1996                             335,864    $   3,359   $        769   $          -   $      -   $    4,128

Issuance of common stock (October and November 1996)   8,700,000        8,700         49,410                                 58,110
Net loss                                                                                             (3,192)                 (3,192)
                                                      ----------    ---------   ------------   ------------   --------   ----------

Balances, December 31, 1996                            9,035,864       12,059         50,179         (3,192)                 59,046

Issuance of common stock, net of effects of exchange   3,300,000      111,300        128,700                                240,000

Additional capital contributed by shareholders                                        46,700                                 46,700

Net loss                                                                                           (345,688)               (345,688)
                                                      ----------    ---------   ------------   ------------   --------   ----------

Balances, December 31, 1997                           12,335,864      123,359        225,579       (348,880)                     58

Additional capital contributed by shareholders                                        83,500                                 83,500
Net loss                                                                                            (82,251)                (82,251)
                                                      ----------    ---------   ------------   ------------   --------   ----------

Balances, December 31, 1998                           12,335,864      123,359        309,079       (431,131)                  1,307

Issuance of common stock in exchange for
   subscriptions receivable (March 1999)               1,970,000       19,700        965,300                   (985,000)
Issuance of common stock in exchange for
   services (March 1999)                                   6,000           60          2,940                                  3,000
Additional capital contributed by shareholders                                         8,050                                  8,050
Contribution of shares back to the corporation
                                                      (5,000,000)     (50,000)        50,000
Issuance of common stock in exchange for
   services (April 1999)                                  90,000          900         36,100                                 37,000
Issuance of common stock in exchange for
   Kristal Group assets (April 1999)                   6,000,000       60,000      2,940,000                              3,000,000
Collection of subscriptions receivable                                                                         500,000      500,000
Net loss                                                                                         (3,203,103)             (3,203,103)
                                                      ----------    ---------   ------------   ------------   --------   ----------

Balances, June 30, 1999                               15,401,864      154,019      4,311,469     (3,634,234)  (485,000)     346,254

Issuance of common stock in exchange for
   services (November 1999)                               70,000          700         30,800                                 31,500
Collection of subscriptions receivable                                                                         485,000      485,000
Net loss                                                                                           (732,514)               (732,514)
                                                      ----------    ---------   ------------   ------------   --------   ----------

Balances, December 31, 1999                           15,471,864      154,719      4,342,269     (4,366,748)         -      130,240

Issuance of common stock in exchange for
   cash (March 2000)                                   1,275,000       12,750      2,218,500                              2,231,250
Net loss                                                                                         (1,406,080)             (1,406,080)
                                                      ----------    ---------   ------------   ------------   --------   ----------

Balances, June 30, 2000                               16,746,864    $ 167,469   $  6,560,769   $ (5,772,828)  $      -   $  955,410
                                                      ==========    =========   ============   ============   ========   ==========
</TABLE>


                        See Notes to Financial Statements

                                        3


<PAGE>

                                CYBERECORD, INC.
                          (A Development Stage Company)


                       STATEMENTS OF CASH FLOWS Unaudited
         For the Six Months Ended June 30, 2000 and 1999, and the Period
                    From September 27, 1996 to June 30, 2000


<TABLE>
<CAPTION>
                                                                                                Total
                                                                                             Accumulated
                                                                                                During
                                                                                             Development
                                                                                                Stage
                                                                                            (September 27,
                                                                                               1996 to
                                                                                               June 30,
                                                                2000              1999          2000)
                                                            -------------    -------------   ------------
<S>                                                         <C>              <C>             <C>
Cash Flows From Operating Activities
     Net loss                                               $  (1,406,080)   $  (3,203,103)  $ (5,772,828)
     Adjustments to reconcile net loss to net
        cash used in operating activities
        Depreciation                                               17,000              194         20,940
        Write-off of purchased inprocess
           research and development that had
           not reached technological feasibility                                 3,000,000      3,000,000
        Professional fees exchanged for
           common stock                                                             40,000         71,500
        Changes in operating assets and liabilities
           Certificate of Deposit                                 (50,000)                        (50,000)
           Prepaid expenses and deposits                           (6,670)         (23,101)       (21,864)
           Accounts payable                                        47,987            6,713         69,423
                                                            -------------    -------------   ------------

              Cash used in operating activities                (1,397,763)        (179,297)    (2,682,829)

Cash Flows From Investing Activities
     Purchase of equipment                                       (106,731)          (6,968)      (135,999)
     Capitalized Development Costs                               (657,101)                       (657,101)
                                                            -------------    -------------   ------------

              Cash used in investing activities                  (763,832)          (6,968)      (793,100)

Cash Flows From Financing Activities
     Issuance of common stock                                   2,231,250          500,000      3,514,360
     Capital contribution                                                            8,050        138,250
                                                            -------------    -------------   ------------

              Cash provided by financing activities             2,231,250          508,050      3,652,610
                                                            -------------    -------------   ------------

              Net increase in cash                                 69,655          321,785        176,681


Cash, beginning of period                                         111,154            1,307          4,128
                                                            -------------    -------------   ------------
Cash, end of period                                         $     180,809    $     323,092   $    180,809
                                                            =============    =============   ============

</TABLE>




                    See Notes to Financial Statements



                                        4


<PAGE>



Note 1. Basis of Presentation

The  accompanying   un-audited   financial  statements  have  been  prepared  in
accordance with the instructions to Form 10-QSB and therefore do not include all
disclosures necessary for a fair presentation of financial position,  results of
operations,  changes in stockholders'  equity, and cash flows in conformity with
generally  accepted  accounting  principles.  The operating  results for interim
periods are un-audited  and are not  necessarily an indication of the results to
be expected for the full fiscal year. In the opinion of management,  the results
of operations as reported for the interim  period reflect all  adjustments  that
are necessary for a fair presentation of operating results.

Note 2.  Per Share Information

Basic  loss per  share is  computed  by  dividing  income  available  to  common
shareholders by the weighted average number of common shares  outstanding in the
period. Diluted loss per share has not been presented,  as inclusion of any such
shares would be anti-dilutive to the loss per share.

Note 3.  Capitalized Development Costs

CybeRecord's  ScanServer product reached the stage of technological  feasibility
as defined by  Statements  of  Financial  Accounting  Standards  ("SFAS")  86 on
February 16, 2000. Technological  feasibility was determined in February 2000 as
two prototype  units were completed and tested with only  insignificant  changes
required.  Pilot production and customer  acceptance are important but secondary
concerns in determining  feasibility as  CybeRecord's  research has determined a
need and demand for the product and the  completion of the prototype  units with
few  needed   changes   validates   the  basic  design  for  pilot   production.
Additionally,  various governmental and safety approvals were also considered in
determining  feasibility.  The required tests are relatively routine and did not
play a significant role in determining feasibility.

All product  development  costs prior to February  15, 2000 have been charged to
expense as research and development and all product development costs subsequent
to that date have been included in capitalized development costs.

CybeRecord expects to lease all ScanServer products.  Accordingly,  SOP 97-2 and
98-9 related to software  revenue  recognition are not expected to significantly
affect CybeRecord's financial statements.

                                        5


<PAGE>



Item 2.  Plan of Operation.

Forward-Looking Statements

In  describing  our plan of operation for the next 12 months as required by Part
I,  Item 2 of  this  report,  much  of  what  we say  will  be  "forward-looking
statements." Words such as "expect,"  "anticipate," "intend," "believe," "plan,"
"objective," "target," "goal," and similar expressions indicate that a statement
is  forward-looking.  Our  forward-looking  statements  reflect our management's
beliefs and  assumptions  based on the  information we currently have available.
Because our  forward-looking  statements are based on what we know and expect at
the time we are preparing this report,  we cannot be sure that the actual course
of our business activities will correspond to what we say in our forward-looking
statements.  There  are many  risks  and  uncertainties  that  could  cause  the
assumptions  we have  used to  formulate  our  business  plans to turn out to be
wrong.  If  our  assumptions  turn  out  to  be  wrong,  our  business's  actual
performance  could  be  much  worse  than we  anticipate  based  on our  current
assumptions.  If our business does not perform as well as investors  expect,  or
analysts or investors develop concerns about how well our business will perform,
the trading prices for our stock are likely to decline, perhaps substantially.

Part I, Item 1 of our Third  Amendment to Form 10-SB (filed with the  Securities
and  Exchange  Commission  on  June  21,  2000)  identifies  the key  risks  and
uncertainties  that we  believe  could  have a  serious  negative  effect on our
business.   These  risks  are  described  under  the  heading   "Forward-Looking
Statements" in our Third Amendment to Form 10-SB. We direct investors' attention
to that  disclosure and caution that if our business does  encounter  unexpected
problems because of these or other risks and uncertainties, investors could lose
some or all of their investments in our business.

Plan of Operation

In  February  2000 we  produced  two  prototype  ScanServers  that were used for
testing  and  evaluation.  Over the next 12  months,  our goal is to move from a
development stage company to commercial production of the ScanServer. As of June
2000, we had received  sufficient hardware components to assemble 30 ScanServers
and  sufficient  computer and  electronic  components  for 10  ScanServers.  (We
ordered  hardware for a larger number of  ScanServers  because these  components
require  custom  manufacturing.)  We have leased space in Modesto  California to
allow  us  to  assemble  initial  production  models  of  ScanServer  units  for
commercial shipping. We shipped one completed production model ScanServer at the
end of May 2000.  During  the  month of June  2000,  we  shipped  another  eight
ScanServers.

During the month of July 2000, we also undertook a rigorous  testing program for
our first run of commercial  production  ScanServer  units. This testing program
revealed a noisy lead screw in the ScanServer's camera lens transport mechanism.
As soon as we made this  discovery,  we took  immediate  action to  correct  the


                                        6


<PAGE>



problem  for future  production  units,  as well as to replace  the camera  lens
transport  mechanisms  in each of the units we had  shipped  during May and June
2000.

Because we focused our efforts on analyzing and  correcting the problem with the
lead  screw in the  camera  lens  transport  mechanism,  we did not ship any new
ScanServer  units  during the month of July  2000.  Once we have  completed  the
process of  replacing  our previous  camera lens  transport  mechanism  with the
re-engineered mechanism, we will resume manufacturing new units (which will also
include the re-engineered mechanism).  Our goal going forward will be to achieve
a continuing  production rate of  approximately  20 units per month. Our initial
target  geographical  market is the United States, to be followed by Canada, the
United Kingdom, Colombia, Brazil, and Mexico.

Although we currently lease assembly space in Modesto,  California, we expect to
shift the bulk of our assembly  requirements to an outside contractor as soon as
possible.  At the same time, we plan to maintain at least  limited  capacity for
in-house  assembly.  We intend for this capacity to act as a safety net. It will
give us the  ability to  complete  a minimal  number of  ScanServers  even if we
experience problems with outside assembly contractors.

As of the filing date of our Form 10-QSB for the Quarter  Ended March 31,  2000,
we  believed  that  we had  sufficient  cash to  continue  operations  at  their
then-current  level for another four to five months after May 2000.  During July
2000,  however,  several  unexpected events placed demands on our available cash
that we had not anticipated  when we filed our Form 10-QSB for the Quarter Ended
March 31,  2000.  First,  in taking  steps to verify our  accounts  payable with
respect to parts we had ordered to assemble  our  ScanServers,  we  discovered a
number of invoices that we believed had been paid had not, in fact, been paid.

We received a number of invoices  based on verbal orders or orders that had been
issued without using a standard purchase order format.  We subsequently  advised
vendors and employees that no future  invoices would be honored unless the order
was  placed  using a standard  purchase  order  form.  All  purchase  orders are
presently  being generated  using our accounting  software,  and following these
accounting procedures should enable us to avoid significant  unexpected expenses
in the future.

In addition,  during the month of July 2000 our quality control testing programs
revealed  the  need  to  re-engineer  the  ScanServer's  camera  lens  transport
mechanism  (as  described  above).  This required us to order new parts on short
notice,  which we needed  both to replace  transport  mechanisms  in  previously
shipped  ScanServer units and to install into future  production  units.  Taking
these critical steps during the month of July 2000 added to the unexpected  cash
demands  we  experienced.  The  need  to  modify  the  ScanServer  units  we had
previously shipped has also delayed the generation of revenues from those units,
because   they  could  not  be  placed  into  service   without  the   necessary
modifications.

                                        7


<PAGE>



Because of these  unexpected  developments,  we found that by the  beginning  of
August 2000 we were in need of immediate additional cash to fund our operations.
In view of these  circumstances,  we have  obtained  approval  from our Board of
Directors for a private  placement of one-million  shares of our Common Stock to
fund our manufacturing, parts purchases, and operations. We believe that through
this private  placement we will be successful  in securing  enough funds for the
continued  operation and  expansion of the Company  through the first quarter of
2001.  Our present plan is to be  generating  enough  revenue from the rental of
ScanServers  by the end of the first  quarter  of 2001 to  continue  at a modest
level of operation.

After the first  quarter of 2001, if we have  established a on-going  commercial
production rate of  approximately  20 ScanServer  units per month, and if we are
able to consistently and quickly place those units into service, we believe that
we will be able to generate adequate  revenues from distributing  ScanServers to
continue our operations at the level we  contemplate  for the remainder of 2000.
Without  raising  additional  funds  through  further  stock sales or commercial
borrowing  arrangements,  we do not expect to be able to expand the scale of our
production and marketing  efforts quickly,  but we believe that meeting the goal
of  producing  and placing  into  service 20  ScanServer  units each month could
sustain our business and allow us to grow slowly.  Additional capital investment
or available  borrowed  funds for our  business  during the next 12 months would
influence our activities in three key respects: how much advertising we are able
to do, how quickly we can expand the scale of our production operations, and how
quickly we can enter additional  geographical  markets. If we are able to secure
additional  funding through stock sales or borrowing,  we would expect to pursue
these areas to the extent we  considered  it feasible.  We cannot,  however,  be
certain of placing  enough  ScanServers  into service over the next 12 months to
meet our operating  requirements.  If we do not place enough units, then we will
need to either obtain adequate commercial credit arrangements or sell additional
stock to fund our continuing operations. We do not currently have commitments in
place for obtaining credit or selling any additional stock.

As of June,  2000, we completed the steps  necessary to  demonstrate  compliance
with Federal  Communications  Commission  ("FCC")  regulations  concerning radio
frequency  emissions  (under CFR 47, Part 15,  Subpart  B-1998,  Class A). These
steps involved submitting one of our ScanServers to an accredited laboratory for
testing.  The ScanServer has passed these tests, as well as tests for compliance
with  comparable  Canadian  regulations  (CSA).  As of the  filing  date of this
report, we have received certificates stating that the ScanServer has passed the
applicable  tests and the unit used for testing has been returned to us. We have
also received final,  detailed reports  concerning the  ScanServer's  compliance
with FCC radio frequency emissions standards.

We have also started the process to receive  safety  listings from  Underwriters
Laboratories,  Inc. ("UL") and the European  equivalent of UL, known as "CE." As
of the end of July 2000, we have not completed the UL and CE testing process. We


                                        8


<PAGE>



must make  another  commercial  production  ScanServer  unit  available to UL to
complete  this  process.  Once we  deliver  the  unit,  we  expect  it will take
approximately two months to complete the UL and CE testing process, during which
time UL will retain one of our production ScanServer units for testing.

The reason we did not apply for FCC  approval or UL and other  similar  listings
sooner is because we needed  commercial  production  ScanServer  units to do so.
This is because we had to show that the commercial  units we would distribute to
customers (as opposed to prototypes) could pass the applicable tests and satisfy
the applicable  standards.  Our first commercial production units were assembled
during May 2000, so that is when we began the testing process.

As of August  2000,  we do not intend to conduct  significant  new  research and
development  efforts  relating to the ScanServer  during the next 12 months.  We
expect  to give  primary  operational  focus to  manufacturing  ScanServers  and
placing them into commercial service. As an integral part of moving from product
development to production,  we expect to conduct on-going evaluation of possible
ways to improve  production  and lower costs.  We also expect to devote a modest
level  of  development  effort  to  completion  of a  roll-film  feeder  for the
ScanServer.  In addition,  if sufficient capital is available during the next 12
months,  we expect to begin  research  and  development  on a machine  that will
transfer  digital images onto  microfilm.  As our operations  continue,  we also
expect to watch for new  opportunities  to further  develop or build on our core
technologies in ways that complement our microfilm scanning business.  We do not
currently have any concrete plans in this regard, however.

In June 2000 we leased  facilities  in Modesto,  California to provide space for
our initial in-house  assembly  activities.  Over the next 12 months,  we do not
intend to acquire  significant  new plant or equipment or any other  significant
new facilities devoted to the production or assembly of ScanServers.

We do not currently expect to hire a significant number of additional  employees
during the next 12 months.  We  believe  that  overall,  the 22  individuals  we
currently  employ in management,  technical,  and sales and marketing  positions
should enable us to proceed with  production and marketing at our initial target
levels over the next 12 months.

                          PART II -- OTHER INFORMATION

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

(a)      Exhibits

                                        9


<PAGE>


27       Financial Data Schedule

(b)      Reports on Form 8-K.

The  Company did not file any  reports on Form 8-K during the  quarterly  period
covered by this report.

                                   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.

                                                 CybeRecord, Inc.
                                       ----------------------------------
                                                   (Registrant)

  Date:      August 11, 2000           By: /s/ JAMES J. LUCAS
        ----------------------             ---------------------
                                           James J. Lucas, President and CEO










                                       10