United States
                   Securities and Exchange Commission
                         Washington, D.C. 20549
                        ------------------------

                               Form 10-KSB

     [X]   Annual Report Pursuant to Section 13 or 15(d) of the
           Securities Exchange Act of 1934

           For the Fiscal Year Ended December 31, 2000

     [ ]   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 000-26293

                            FreePCSQuote.Com
        (Exact Name of Registrant as Specified in its Charter)


                Nevada                          88-0420306
     (State or other jurisdiction of         (I.R.S. employer
      incorporation or organization)      identification number)

       4395 Polaris Avenue Las Vegas, NV            89103
    (Address of principal exectuive offices)      (Zip code)

 Registrant's Telephone Number, Including Area Code: (702) 493-9698

  Securities Registered Pursuant to Section 12(b) of the Act: NONE

     Securities Registered Pursuant to Section 12(g) of the Act:
    Common Stock, $0.001 par value per share, 20,000,000 shares
authorized, 1,970,000 issued and outstanding as of December 31, 2000.

     Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes [X]  No [ ]

     Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-B is not contained herein,
and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB.  [ ]

     Currently, the approximate aggregate market value of the
Common Stock held by non-affiliates of the registrant cannot be
calculated.  The Company's Common Stock is not listed on the OTC-
BB or any national securities exchange as of April 11, 2001.

     The number of shares of Common Stock outstanding as of
December 31, 2000 was 1,970,000.

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


/1/


               DOCUMENTS INCORPORATED BY REFERENCE

     Sections of the registrant's definitive Proxy Statement for
the
registrant's Annual Meeting of Stockholders, which will be filed
with the Securities and Exchange Commission, are incorporated by
reference into Part III of this Report to the extent stated
herein.
                         ---------------

The following discussion contains, in addition to historical
information, forward-looking statements that involve risks and
uncertainties. The Company's actual results could differ
significantly from the results discussed in the forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, those discussed
below and in Item 6, "Management's Discussion and Analysis of
Financial Condition or Plan of Operation."


                             PART I

ITEM 1 -- BUSINESS.

Overview

FreePCSQuote.Com ("FPCQ" or the "Company"), a Nevada corporation,
incorporated on February 18, 1999, is a development stage company
with a principal business objective to supply Internet data to
users of alphanumeric pagers and PCS telephones.

Alphanumeric pagers are portable wireless communication devices
capable of receiving and displaying transmissions in the form of
numbers, letters, and alphabetic symbols (such as $, #, and @).
PCS telephones are portable wireless telephones that operate on
the PCS (Personal Communication Services) standard of digital
wireless communications. The PCS family of wireless services uses
the Global System for Mobile communications (GSM) digital
technology, and offers the ability to customize service to meet
the needs of the user. Just like alphanumeric pagers, PCS
telephones are capable of receiving and displaying transmissions
in the form of numbers, letters, and alphabetic symbols. This
feature distinguishes PCS phones from regular cellular phones.

To date, we do not provide any information services. We will
operate a world wide web site at FreePCSQuote.com. We will offer
a wide range of information services over the Internet. These
services will include: stock quotes, sports scores, weather
information, and personal reminders. Management is dedicated to
providing information to alphanumeric pagers.

We will seek to provide a broad spectrum of enhanced personal
telecommunications services to businesses and individuals. Our
strategy over the next approximately twelve (12) to twenty-four
(24) months will be to enhance and expand content offerings,
expand our subscriber base, promote and enhance brand awareness
and capture and develop emerging revenue opportunities.

Industry Background

Recent technological developments in the paging industry include
new paging services such as "confirmation" or "response" paging,
narrowband PCS voice paging, two-way paging and notebook and sub-
notebook computer wireless data applications. Industry sources
estimate that there were approximately 43.1 million pagers in


/2/


service in the United States at December 31, 1996, which were
serviced by over 2,000 licensed paging companies. Of these paging
companies, the ten largest serve approximately 80% of the total
paging subscribers in the United States. From 1990 through 1996,
the number of pagers in service in the United States grew at a
compound annual rate of 27.0% and the number of pagers in service
is projected to grow at a compound annual rate of approximately
9.0% from 1996 through 2001. Factors contributing to this growth
include: (i) declining costs of service; (ii) increasing consumer
awareness of the benefits of mobile communications; (iii)
introduction of new or enhanced paging equipment and services;
and (iv) expanding channels of distribution.

Recent technological developments in the wireless communications
industry have allowed providers to offer new and enhanced
services. For example, PCS providers are currently offering a
variety of personal telecommunications services, many of which
are similar to the Company's services. According to a 1998 Price
Waterhouse survey, total PCS subscribers in the United States are
projected to grow from less than 1 million in 1997 to
approximately 45 million by 2001. These subscribers will use
services provided through several different types of PCS
technology, including time division multiple access, code
division multiple access and newly developed PCS technologies
using the 1910 MHz to 1930 MHz band. Current PCS-based service
offerings include advanced paging and messaging for voice and
data, including two-way messaging and facsimile transmission,
next-generation mobile telephone service and two-way voice, data
and video communications. Future PCS-based service offerings are
expected to include personal digital assistants, portable
facsimile machines, wireless replacements for portions of the
wireline telephone network and other kinds of short-range
communications.

We believe that future developments in the paging and wireless
communications industry will include: (i) technological
improvements that permit increased service and applications to a
wider market on a cost-effective basis; (ii) consolidation of
smaller, single-market operators into larger, multi-market paging
companies; and (iii) increased numbers of pagers in service, as a
result of general expansion into consumer and retail markets.

Principal Products and Services and Principal Markets

We intend to provide information services on our web site,
FreePCSQuote.com. These products will be provided via a reseller
agreement with a vendor of this type of information and will
include the following product lines:

WeatherWatch - A subscriber would be able to receive local
forecasts for over 500 U.S. and Canadian cities.

WeatherWatch PLUS - WeatherWatch PLUS adds severe weather watches
and warnings to the WeatherWatch service.

QuoteMinder - QuoteMinder will allow subscribers to receive
quotes for U.S. and Canadian stocks and stock indices. Users will
be able to configure triggers including time of day and price
movements, limited to 10 symbols.

QuoteMinder PLUS - QuoteMinder PLUS adds unlimited number of
stocks, volume info, volume alerts and volume triggers to
QuoteMinder.

DateMinder - This service allows subscribers to set up reminders
with personalized messages. One-time and recurring appointments
can be scheduled.


/3/


LottoLine - Allows individuals to receive state lottery numbers
for over 35 states. Numbers are available for most games within
each state.

NewsWire - Users can receive national, international, political,
business and technology news using pre-programmed summaries or
powerful keyword triggers.

SportsCaster - Follow pro and college sporting events live, as
they happen, right on a pager or PCS phone. Between games, keep
up with news on the team too.

Horoscopes - Customers can get daily updates on their horoscopes
straight from the L.A. Times.

Telecommunications Market Opportunity

We believe new trends are affecting how and where people access
and absorb news and information. Business professionals are
shifting their news consumption from home to the office, where
speed, timeliness and efficiency are key requirements for the
media they use. At the same time, new technologies like cellular
telephones, fax machines and pagers are accelerating the pace of
business and enabling people to work where and when they need to,
from home, office and in transit. These technologies are blurring
the line between personal and professional activities. As a
result, people are increasingly making purchase decisions in the
work environment and business people are emerging as "business
consumers."

Distribution Methods of the Products or Services

Management's objective is to build a leadership position in
personalized telecommunications services. The primary elements of
our business strategy are as follows:

Establish and Expand Subscriber Base

We strive to be recognized as a leader in the market for
personalized telecommunications services catering to both
businesses and individuals. We believe that name recognition is
an important advantage in the telecommunications industry as
products are generally available from numerous sources and buyers
must trust in a supplier's reliability and credibility. To
maximize customer awareness, expand our customer base cost
effectively and avoid reliance on any one source of customers, we
seek to build brand recognition through multiple marketing
channels, including, but not limited to, internet promotion and
advertising, joint ventures, strategic partnerships, a referral
program compensating business associates/existing clients who
refer new clients or projects, and direct contact via telephone,
mail and in person.

Enhance and Expand the Breadth and Depth of Customized Services

We intend to develop our array of personalized telecommunications
services. Current planned services include financial information,
sports information, weather forecasts, and personal reminders. We
believe these services will provide us with opportunities to
attract new subscribers.


/4/


Build Strong Brand Recognition

We believe that name recognition is an important advantage in the
telecommunications industry as products are generally homogeneous
and buyers must trust in a retailer's reliability and
credibility. To maximize customer awareness, expand our customer
base cost effectively and avoid reliance on any one source of
customers, we seek to build brand recognition through multiple
marketing channels:

Web-based and traditional advertising. We intend to utilize
aggressive online advertising to promote both our brand name and
specific merchandising opportunities on a wide variety of Web
sites, including major content and service providers, targeted
computer-related sites and niche, special-interest sites. We also
intend to conduct a more traditional media-based advertising
campaign that may include television, radio and print
advertising.

Linking and affiliate programs. To direct traffic to our Web
site, we plan to create inbound links that will connect directly
to our Web site from other sites on the Web. These links, most of
which we expect to be free to us, will allow potential customers
to simply click on the link and become connected to our Web site
from search engines, manufacturers' Web sites and community and
affinity sites.

Direct online marketing. We plan to market directly to our
customers through electronic newsletters and intend to send
targeted merchandising e-mails to discrete segments of our
customer database based on purchasing history. We intend to
continue to use the unique resources of the Internet as a low-
cost means of personalized marketing.

Pursue Strategic Acquisitions and Alliances

We believe that there are numerous opportunities to acquire other
businesses with established bases, compatible operations,
experience with additional or emerging telecommunications
services and technologies, and experienced management. We believe
that these acquisitions, if successful, will result in
synergistic opportunities, and may increase our revenue and
income growth. However, of this, we can give no assurance. We
intend to seek opportunities to acquire businesses, services
and/or technologies that management believes will complement our
business operations. We plan to seek opportunistic acquisitions
that may provide complementary technology, expertise or access to
certain markets. We may seek to acquire certain component
technologies that may provide opportunities to accelerate our
service development efforts. No specific acquisition candidates
have been identified, however, and no assurance can be given that
any transactions will be effected, or if effected, will be
successful.

In addition, we may pursue strategic alliances with partners who
have established operations. As part of these joint venture
agreements, we may make investments in or purchase a part
ownership in these joint ventures. We believe that these joint
venture relationships, if successful, will result in synergistic
opportunities, allowing us to gain additional insight, expertise
and penetration in markets where joint venture partners already
operate, and may increase our revenue and income growth. No
specific joint venture agreements have been signed, however, and
no assurance can be given that any agreements will be effected,
or if effected, will be successful.


/5/


Status of Any Announced New Product or Service

The Company has limited operating history. We were organized on
February 18, 1999. Activities to date have been limited primarily
to organization, initial capitalization, finding and securing an
appropriate, experienced management team and board of directors,
the development of a business plan, and commencing with initial
operational plans. As of December 31, 1999, we have developed a
business plan, recruited and retained a CEO, and established what
steps need to be taken to achieve the results set forth in our
attempt to be listed on the OTC-BB.  As a start-up and
development stage company, we have no new products or services to
announce.

Customers

We will provide personalized telecommunications services to
wireless customers worldwide. We plan to reach these customers
via direct mail, telemarketing, the Internet and the referral
process. As of December 31, 2000, we have generated minimal sales
revenues. In addition, we do not expect to generate significant
sales revenues in the foreseeable future, nor do we anticipate
that our revenues will be dependent on any one or even a few
major customers.

Patents, Trademarks, Licenses, Franchises, Concessions, Royalty
Agreements, or Labor Contracts

We do not currently own any patents on our technologies. New
proprietary technological advancements will be being protected as
trade secrets until appropriate measure can be taken for
protection. We believe, however, that our success and ability to
compete is dependent in part on the protection of our potential
trademarks, trade names, service marks, patents and other
proprietary rights and technology. We intend to rely on trade
secret, patent and copyright laws to protect the intellectual
property that we plan to develop, but there can be no assurance
that such laws will provide sufficient protection to us, that
others will not develop products, technology and services that
are similar or superior to ours, or that third parties will not
copy or otherwise obtain and use our proprietary technology
without authorization.

Policing unauthorized use of our proprietary and other
intellectual property rights, in the future, could entail
significant expense and could be difficult or impossible. In
addition, there can be no assurance that third parties will not
bring claims of copyright, patent or trademark infringement
against us or claim that certain of our products, technology,
processes or features violates a patent. There can be no
assurance that third parties will not claim that we have
misappropriated their creative ideas or formats or otherwise
infringed upon their proprietary rights. Any claims of
infringement, with or without merit, could be time consuming to
defend, result in costly litigation, divert management attention,
require us to enter into costly royalty or licensing arrangements
to prevent us from using important technologies or methods, any
of which could have a material adverse effect on our business,
financial condition or operating results.

Regulation

We are not currently subject to direct regulation by any domestic
or foreign governmental agency, other than regulations applicable
to businesses generally, and laws or regulations applicable to
the telecommunications industry. However, due to the increasing
popularity and use of the Internet and other telecommunication
services, it is possible that a number of laws and regulations


/6/


may be adopted with respect to the Internet or other
telecommunications services covering issues such as user privacy,
pricing, content, copyrights, distribution and characteristics
and quality of products and services. Furthermore, the growth and
development of the market for personalized telecommunicaitons
services may prompt calls for more stringent consumer protection
laws that may impose additional burdens on those companies
conducting business online. The adoption of any additional laws
or regulations may decrease the growth of the Internet or
telecommunications industry, which could, in turn, decrease the
demand for our products and services and increase our cost of
doing business, or otherwise have an adverse effect on our
business, prospects, financial condition and results of
operations.

Liability for Information Retrieved from or Transmitted

Materials may be downloaded and publicly distributed by the
telecommunications services operated or facilitated by us. These
activities could result in potential claims against us for
defamation, negligence, copyright or trademark infringement or
other claims based on the nature and content of such materials.
The government provides that no provider or user of an
interactive information service shall be treated as the publisher
or speaker of any information provided by another information
content provider. If any third-party material on our Web site
contains informational errors, we may be sued for losses incurred
in reliance on such information. While we intend to reduce our
exposure to such potential liability through, among other things,
provisions in member agreements, user policies and disclaimers,
the enforceability and effectiveness of such measures are
uncertain.

Effect of Existing or Probable Government Regulations

We believe that the regulations governing the telecommunications
industry will not have a material effect on our current
operations. However, due to rapid changes in the way information
is transmitted and reviewed, various federal and state agencies
may propose new legislation which may adversely affect our
business, financial condition and results of operations.

Research and Development Activities

The market for telecommunications services and equipment has
historically been characterized by frequent technological
advances, evolving industry standards and escalating customer
expectations. As a result, management believes that our future
growth and success will be largely dependent on our ability to
develop or acquire products and services to meet the evolving
needs of our prospective clients. We anticipate that the long-
term success of our product offerings will require further
product development. We expect to continually evaluate our
products and services to determine what additional products or
enhancements are required by the marketplace. We plan to develop
and enhance our products and services internally to meet clients'
needs, but if we can purchase or license proven products or
services at reasonable costs we will do so in order to avoid the
time and expense involved in developing such products or
services.

We have yet to incur any research and development costs from
February 18, 1999 (date of inception) through December 31, 2000.


/7/


Employees

As a start up company in the research and development phase - in
order to more prudently manage our limited resources, we
presently have one (1) full time employee (our President) and one
(1) independent contractor. Our employee is currently not
represented by a collective bargaining agreement, and the Company
believes that its relations with its employee are good.


The name, age and position of our directors and executive
officers are as follows:


   Name             Age               Position
-------------       ---   ------------------------------------

Eric Borgeson       25    President & CEO


Eric Borgeson, CEO and Chairman of the Board For the last five
years Mr. Borgeson has worked for Passkey Systems, a direct mail
company in Las Vegas, NV. (Passkey Systems is not affiliated with
FreePCSQuote.com, Janeva Corporation, or Campbell Mello
Associates.) Mr. Borgeson brings 4 years of technical and
Internet expertise as well as keen marketing skills to the
management of the Company. He brings an understanding of the need
for fast information due to the coordination and involvement with
fantasy sports leagues. He also is a versed day trader and
recognizes the importance of stock quotes and information driven
in a personal, easy to use fashion.

ITEM 2.   PROPERTIES.

Our corporate headquarters are located at 4395 Polaris Avenue,
Las Vegas, Nevada 89103. The office space is provided by the sole
officer and director of the Company at no cost to the Company. We
do not have any additional facilities. Additionally, there are
currently no proposed programs for the renovation, improvement or
development of the properties currently being utilized by the
Company.

ITEM 3 -- LEGAL PROCEEDINGS.

The Company is not subject to any legal proceedings.

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

Not applicable.


                             PART II

ITEM 5 -- MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS.

The Company's common stock has been registered in a Form 10-SB
filing with the SEC.  The Form 10-SB is pending receipt of a
notice of effectiveness for the Company's common stock to be
registered under the Securities Act of 1933.  The Company's
common stock is not traded on the Over-the-Counter Bulletin Board
(OTC-BB) or any other national securities exchange as of April
11, 2001.


/8/


The following table sets forth certain information as of the end
of 1999, with respect to the beneficial ownership of the
Company's Common Stock by all persons known by the Company to be
beneficial owners of more than 5% of any such outstanding
classes, and by each director and executive officer, and by all
officers and directors as a group.  Unless otherwise specified,
the named beneficial owner has, to the Company's knowledge,
either sole or majority voting and investment power.


                          COMMON STOCK
                         --------------

 Name of Beneficial Owner (1)    Number of Shares    % of Class
------------------------------   ----------------    ----------

Eric Borgeson                         750,000          38.07%
Janeva Corporation(2)                 450,000          22.84%
Campbell Mello Associates(3)          450,000          22.84%

All Executive Officers and            750,000          38.07%
Directors as a Group

  Footnotes to Principal Shareholders:

(1)  The address of each executive officer and director is c/o
     4395 Polaris Avenue, Las Vegas, Nevada 89103.

(2)  Bert K. Blevins III is the sole officer, director, and
     controlling shareholder of Janeva Corporation, and as such, is
     the only natural person who shares beneficial ownership of the
     shares of the issuer attributed to Janeva Corporation.

(3)  The officers of Campbell Mello Associates, Inc. include
     Anthony M. Mello III (President, Chief Executive Officer,
     Secretary, and Treasurer), Glen E. Greenfelder, Jr. (Executive
     Vice President), and Antony Michel Santos (Vice President,
     Regulatory Compliance). The directors of Campbell Mello
     Associates, Inc. are Anthony M. Mello III, Glen E. Greenfelder,
     Jr., Michael Kelly, and Donald K. Miner. The shareholders of
     Campbell Mello Associates, Inc. include Anthony M. Mello III,
     Glen E. Greenfelder, Jr., Michael Kelly, and Donald K. Miner.
     Anthony M. Mello III, Glen E. Greenfelder, Jr., Michael Kelly,
     and Donald K. Miner B. Persons Sharing Ownership of Control of
     Shares No person other than Eric Borgeson, Janeva Corporation and
     Campbell Mello Associates owns or shares the power to vote ten
     percent (10%) or more of the Company's securities.

Item 6. Management's Discussion and Analysis or Plan of Operation.

                   FORWARD LOOKING STATEMENTS

The statements contained in this report that are not historical
facts are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act. Forward-looking
statements are made based upon management's current expectations
and beliefs concerning future developments and their potential
effects upon the Company.  There can be no assurance that future
developments affecting the Company will be those anticipated by
management. Actual results may differ materially from those
included in the forward-looking statements.  These forward-
looking statements involve risks and uncertainties including, but
not limited to, the following:


/9/


     - the Company's status as a start-up company with less than
       two years of operating history;
     - the Company's expectation of significant losses during the
       first two years of operations;
     - the competitive disadvantage resulting from the Company's
       status as a highly-regulated, start-up company;
     - the Company's dependence on key management personnel;
     - the Company's ability to implement developments in
       technology to be  competitive.

Readers are also directed to other risks and uncertainties discussed in
other documents filed by the Company with the Securities and Exchange
Commission. The Company undertakes no obligation to update or
revise any forward-looking information, whether as a result of new
information, future developments or otherwise.

Overview

We were organized February 18, 1999, under the laws of the State
of Nevada, as FreePCSQuote.Com.  We have yet to generate
significant revenues and in accordance with Statement of
Finanical Accounting Standards No. 7 (SFAS #7), the Company is
considered a developmental stage company.  Our objective is to to
supply Internet data to users of alphanumeric pagers and PCS
telephones.

At the time of this filing, we have completed the development of
our website. However, we do not have any customers, nor our own
products at the design, development, or marketing stage. We have
filed a Form 10-SB voluntarily with the intention of establishing
the fully reporting status with the SEC. The fully reporting
status with the SEC is a necessary step in accomplishing our goal
of having our stock listed on the OTCBB in the future.
Consequently, we will voluntarily continue to file all necessary
reports and forms as required by existing legislation and the SEC
rules.

Management's Plan of Operation

Management of the Company believes that the need for additional
capital going forward will be derived somewhat from internal
revenues and earnings generated from the sale of our products and
services. If we are unable to generate revenues from our products
and services, however, management believes the Company will need
to raise additional funds to meet our cash requirements. It
management's intent to seek to raise additional capital via a
private placement offering, once we are trading on the OTC-BB. In
the meantime, management of the Company plans to advance funds to
the Company on an as-needed basis although there is no definitive
or legally binding arrangement to do so. We currently have no
arrangements or commitments for accounts and accounts receivable
financing. There can be no assurance that any such financing can
be obtained or, if obtained that it will be on reasonable terms.
This is a development stage company. Management believes that our
initial revenues will be primarily dependent upon our ability to
cost effectively and efficiently provide enhanced personal
telecommunications services to businesses and individuals. Our
strategy over the next approximately twelve (12) to twenty-four
(24) months will be to enhance and expand content offerings,
expand its subscriber base, promote and enhance brand awareness
and capture and develop emerging revenue opportunities.


/10/


Realization of sales of our products and services during the
fiscal year ending December 31, 2001, is vital to our plan of
operations. There are no guarantees that we will be able to
compete successfully or that the competitive pressures we may
face will not have a material adverse effect on our business,
results of operations and financial condition.

Management does not anticipate any significant changes in the
number of employees over the next approximately twelve (12)
months.

Results of Operations

Period from January 1, 2000 to December 31, 2000.

Revenues. FreePCS is a developmental stage enterprise as defined
in SFAS #7. We have generated minimal revenues to date having
devoted substantially all of our present efforts to completing
our 12(g) reporting requirements with the Securities Act of 1934
and our commencement of trading on the NASD Over-the-Counter
Bulletin Board ("OTC-BB").

Expenses. We incurred general and administrative expenses in the
above referenced period totaling $2,531.

Net Loss. Due to the our operating expenses, FreePCS experienced
a net loss of $1,381. We anticipate incurring a loss during this
initial commencement of operations until such time that we will
realize revenues from providing interactive content to consumers.

Liquidity and Capital Resources

We have generated minimal revenues during this period and it is
unknown when we will generate significant revenues. It is
anticipated that we will realize revenues from supplying Internet
data to users of alphanumeric pagers and PCS telephones during
the next twelve (12) months, of which we cannot guarantee. The
receipt of funds from Private Placement Offerings or loans
obtained through private and public sources by FreePCS may be
anticipated to offset our near term cash equivalents for the next
twelve (12) months. We have financed our cash flow requirements
through issuance of common stock. During our normal course of
business, we may experience net negative cash flows from
operations, pending receipt of revenues. Further, we may be
required to obtain additional financing to fund operations
through common stock offerings and bank borrowings, to the extent
available, or to obtain additional financing to the extent
necessary to augment our working capital.


/11/


Item 7. Financial Statements.





                        TABLE OF CONTENTS


                                                          PAGE


INDEPENDENT AUDITOR'S REPORT                               13

BALANCE SHEETS                                             14

STATEMENTS OF OPERATIONS                                   15

STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY              16

STATEMENTS OF CASH FLOWS                                   17

NOTES TO FINANCIAL STATEMENTS                              18


/12/


G. BRAD BECKSTEAD
Certified Public Accountant
                                              330 E. Warm Springs
                                              Las Vegas, NV 89119
                                                     702.257.1984
                                               702.362.0540 (fax)

                  INDEPENDENT AUDITOR'S REPORT


January 17, 2002

Board of Directors
FreePCSQuote.com, Inc.
Las Vegas, NV

I  have audited the Balance Sheets of FreePCSQuote.com, Inc. (the
"Company") (A  Development Stage Company), as of December 31, 2000
& 1999, and the related Statements of  Operations,  Stockholders'
Equity, and Cash Flows for the period February 18, 1999 (Date  of
Inception) to December 31, 2000.  These financial statements  are
the    responsibility   of   the   Company's   management.     My
responsibility  is  to  express an  opinion  on  these  financial
statements based on my audit.

I  conducted  my  audit  in  accordance with  generally  accepted
auditing  standards  in  the United  States  of  America.   Those
standards require  that I  plan  and perform the  audit to obtain
reasonable assurance about  whether the  financial statements are
free of material misstatement.   An audit includes  examining, on
a test basis, evidence  supporting the   amounts  and disclosures
in  the financial statement presentation.  An audit also includes
assessing the accounting principles used and significant estimates
made by management,  as well  as evaluating the overall financial
statement presentation.  I  believe  that  my  audit  provides  a
reasonable  basis  for  my opinion.

In my opinion, the financial statements referred to above present
fairly,  in  all  material respects, the  financial  position  of
FreePCSQuote.com,  Inc.  (A  Development  Stage  Company)  as  of
December  31,  2000 & 1999, and the results of its operations and
cash flows  for the  period February 18, 1999 (Date of Inception)
to December 31, 2000,  in  conformity  with  generally   accepted
accounting principles in the United States of America.

The accompanying financial statements have been prepared assuming
the  Company  will continue as a going concern.  As discussed  in
Note  2  to the financial statements, the Company has had limited
operations  and have not commenced planned principal  operations.
This raises substantial doubt about its ability to continue as  a
going concern.  Management's plan in regard to these matters  are
also  described  in  Note  2.  The financial  statements  do  not
include  any  adjustments that might result from the  outcome  of
this uncertainty.




/s/ Brad Beckstead


G. Brad Beckstead, CPA


/13/


                            FreePCSQuote.com, Inc.
                         (a Development Stage Company)
                                Balance Sheets


                                                    December 31, December 31,
Assets                                                  2000        1999
                                                     ---------    ---------
Current assets:
  Cash                                               $       -    $   1,381
                                                     ---------    ---------
     Total current assets                                    -        1,381
                                                     ---------    ---------

                                                     $       -    $   1,381
                                                     =========    =========

Liabilities and Stockholders' Equity

Stockholders' Equity:
  Common stock, $0.001 par value; 20,000,000 shares
   authorized, 1,970,000 shares issued and outstanding   1,970        1,970
  Preferred stock, $0.001 par value, 5,000,000 shares
   authorized, zero shares issued and outstanding            -            -
  Additional paid-in capital                             6,080        6,080
  (Deficit) accumulated during development stage        (8,050)      (6,669)
                                                     ---------    ---------
                                                             -        1,381
                                                     ---------    ---------

                                                     $       -    $   1,381
                                                     =========    =========



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


/14/


                            FreePCSQuote.com, Inc.
                         (a Development Stage Company)
                           Statements of Operations


                                   For the years ended     February 18, 1999
                                --------------------------   (Inception) to
                                December 31,  December 31,    December 31,
                                    2000          1999            2000
                                ------------  ------------    ------------

Revenue                         $      1,150  $          -    $      1,150
                                ------------  ------------    ------------

Expenses:
  General and administrative
   expenses                            2,531         3,874           6,405
  General and administrative
   expenses - related party                -         2,795           2,795
                                ------------  ------------    ------------
     Total expenses                    2,531         6,669           9,200
                                ------------  ------------    ------------

Net (loss)                      $     (1,381) $     (6,669)   $     (8,050)
                                ============  ============    ============

Weighted average number of
 common shares outstanding         1,970,000     1,943,966       1,958,381
                                ============  ============    ============

Net (loss) per share            $      (0.00) $      (0.00)   $      (0.00)
                                ============  ============    ============



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


/15/


                            FreePCSQuote.com, Inc.
                         (a Development Stage Company)
            Statements of Changes in Stockholders' Equity (Deficit)


                                                     (Deficit)
                            Common Stock            Accumulated
                            ------------  Additional  During       Total
                                           Paid-in  Development Stockholders'
                          Shares   Amount  Capital     Stage   Equity(Deficit)
                         -------- -------- -------  ----------  ------------

March 1999
 Founders shares        1,650,000 $  1,650 $     -  $        -  $      1,650

April 1999
 Rule 504 offering
 issued for cash          295,000      295   5,605                     5,900

April 1999
 Rule 504 offering
 issued for services       25,000       25     475                       500

Net (loss)
 February 18, 1999
 (inception) to
 December31, 1999                                       (6,669)       (6,669)
                         -------- -------- -------  ----------  ------------

Balance, 12/31/99       1,970,000 $  1,970 $ 6,080  $   (6,669) $      1,381

Net (loss)
 January 1, 2000 to
 December 31, 2000                                      (1,381)       (1,381)
                         -------- -------- -------  ----------  ------------

Balance, 12/31/00       1,970,000 $  1,970 $ 6,080  $   (8,050) $          -
                         ======== ======== =======  ==========  ============



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


/16/


                            FreePCSQuote.com, Inc.
                         (a Development Stage Company)
                           Statements of Cash Flows


                                       For the years ended   February 18, 1999
                                     -----------------------   (Inception) to
                                    December 31, December 31,   December 31,
                                        2000         1999          2000
                                      ---------   ---------   -------------
Cash flows from operating activities
Net (loss)                            $  (1,381)  $  (6,669)  $      (8,050)
Shares issued for services                    -         500             500
                                      ---------   ---------   -------------
Net cash (used) by operating
activities                               (1,381)     (6,169)         (7,550)
                                      ---------   ---------   -------------

                                      ---------   ---------   -------------
Cash flows from investing activities          -           -               -
                                      ---------   ---------   -------------

Cash flows from financing activities
  Issuance of common stock                    -       7,550           7,550
                                      ---------   ---------   -------------
Net cash provided by financing
activities                                    -       7,550           7,550
                                      ---------   ---------   -------------

Net increase (decrease) in cash          (1,381)      1,381               -
Cash - beginning                          1,381           -               -
                                      ---------   ---------   -------------
Cash - ending                         $       -   $   1,381   $           -
                                      =========   =========   =============

Supplemental disclosures:
  Interest paid                       $       -   $       -   $           -
                                      =========   =========   =============
  Income taxes paid                   $       -   $       -   $           -
                                      =========   =========   =============

Non-cash transactions:
  Stock issued for services provided  $       -   $     500   $         500
                                      =========   =========   =============
  Number of shares issued for services        -      25,000          25,000
                                      =========   =========   =============



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


/17/


                     FreePCSQuote.com, Inc.
                  (a Development Stage Company)
                              Notes

Note 1 - Summary of significant accounting policies

Organization
 The  Company  was  organized  on  February  18,  1999  (Date  of
 Inception)   under  the  laws  of  the  State  of   Nevada,   as
 FreePCSQuote.com, Inc.  The Company has minimal operations  and,
 in  accordance  with  SFAS  #7,  the  Company  is  considered  a
 development stage company.  The Company is authorized  to  issue
 20,000,000  shares  of  $0.001  par  value  common   stock   and
 5,000,000 shares of $0.001 par value preferred stock.

Use of estimates
 The  preparation  of  financial statements  in  conformity  with
 generally accepted accounting principles 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 revenue and expenses during  the  reporting
 period.  Actual results could differ from those estimates.

Cash and cash equivalents
 For  the  purpose  of the statements of cash flows,  all  highly
 liquid investments with an original maturity of three months  or
 less  are considered to be cash equivalents.  There are no  cash
 equivalents as of December 31, 2000.

Revenue recognition
 The Company recognizes revenue on the accrual basis.

Advertising costs
 The  Company  expenses  all  costs of advertising  as  incurred.
 There  were  no  advertising  costs  included  in  general   and
 administrative expenses as of December 31, 2000.

Fair value of financial instruments
 Fair  value  estimates discussed herein are based  upon  certain
 market  assumptions  and  pertinent  information  available   to
 management  as  of  December 31, 2000.  The respective  carrying
 value   of   certain   on-balance-sheet  financial   instruments
 approximated  their  fair values.  These  financial  instruments
 include cash and accounts payable.  Fair values were assumed  to
 approximate  carrying values for cash and payables because  they
 are  short term in nature and their carrying amounts approximate
 fair values or they are payable on demand.

Impairment of long lived assets
 Long lived assets held and used by the Company are reviewed  for
 possible  impairment  whenever events or circumstances  indicate
 the  carrying  amount of an asset may not be recoverable  or  is
 impaired.    No   such  impairments  have  been  identified   by
 management at December 31, 2000.

Reporting on the costs of start-up activities
 Statement  of Position 98-5 (SOP 98-5), "Reporting on the  Costs
 of   Start-Up  Activities,"  which  provides  guidance  on   the
 financial reporting of start-up costs and organizational  costs,
 requires  most  costs of start-up activities and  organizational
 costs  to  be  expensed as incurred.  SOP 98-5 is effective  for
 fiscal  years  beginning  after December  15,  1998.   With  the
 adoption of SOP 98-5, there has been little or no effect on  the
 Company's financial statements.

Loss per share
 Net  loss per share is provided in accordance with Statement  of
 Financial  Accounting  Standards No. 128 (SFAS  #128)  "Earnings
 Per  Share".   Basic  loss  per share is  computed  by  dividing
 losses  available to common stockholders by the weighted average
 number  of common shares outstanding during the period.   As  of
 December  31,  2000,  the Company had no dilutive  common  stock
 equivalents, such as stock options or warrants.

Dividends
 The Company has not yet adopted any policy regarding payment  of
 dividends.   No  dividends  have been  paid  or  declared  since
 inception.


/18/


                     FreePCSQuote.com, Inc.
                  (a Development Stage Company)
                              Notes

Segment reporting
 The  Company follows Statement of Financial Accounting Standards
 No.  130,  "Disclosures  About Segments  of  an  Enterprise  and
 Related  Information."  The Company operates as a single segment
 and will evaluate additional segment disclosure requirements  as
 it expands its operations.

Income taxes
 The  Company follows Statement of Financial Accounting  Standard
 No.  109,  "Accounting for Income Taxes" ("SFAS  No.  109")  for
 recording  the provision for income taxes.  Deferred tax  assets
 and  liabilities are computed based upon the difference  between
 the  financial  statement and income tax  basis  of  assets  and
 liabilities using the enacted marginal tax rate applicable  when
 the  related  asset or liability is expected to be  realized  or
 settled.  Deferred income tax expenses or benefits are based  on
 the  changes  in  the  asset  or  liability  each  period.    If
 available  evidence  suggests that it is more  likely  than  not
 that some portion or all of the deferred tax assets will not  be
 realized,  a  valuation  allowance is  required  to  reduce  the
 deferred  tax assets to the amount that is more likely than  not
 to  be realized.  Future changes in such valuation allowance are
 included  in  the  provision for deferred income  taxes  in  the
 period of change.

 Deferred  income  taxes  may  arise from  temporary  differences
 resulting  from income and expense items reported for  financial
 accounting  and  tax  purposes in different  periods.   Deferred
 taxes  are  classified as current or non-current,  depending  on
 the  classification  of  assets and liabilities  to  which  they
 relate.  Deferred taxes arising from temporary differences  that
 are  not  related  to an asset or liability  are  classified  as
 current  or  non-current depending on the periods in  which  the
 temporary differences are expected to reverse.

Recent pronouncements
 The  FASB  recently  issued Statement No. 137,  "Accounting  for
 Derivative   Instruments  and  Hedging  Activities-Deferral   of
 Effective  Date  of  FASB  Statement No.  133".   The  Statement
 defers  for  one year the effective date of FASB  Statement  No.
 133,   "Accounting  for  Derivative  Instruments   and   Hedging
 Activities".  The rule now will apply to all fiscal quarters  of
 all  fiscal years beginning after June 15, 2000.  In June  1998,
 the  FASB  issued  SFAS  No.  133,  "Accounting  for  Derivative
 Instruments   and  Hedging  Activities."   The  Statement   will
 require  the company to recognize all derivatives on the balance
 sheet  at fair value.  Derivatives that are not hedges  must  be
 adjusted  to fair value through income, if the derivative  is  a
 hedge,  depending  on the nature of the hedge,  changes  in  the
 fair  value  of  derivatives will either be offset  against  the
 change in fair value of the hedged assets, liabilities, or  firm
 commitments   through   earnings   or   recognized   in    other
 comprehensive  income  until the hedged item  is  recognized  in
 earnings.   The ineffective portion of a derivative's change  in
 fair  value  will  be immediately recognized in  earnings.   The
 company  does not expect SFAS No. 133 to have a material  impact
 on earning s and financial position.

 In   December  1999,  the  Securities  and  Exchange  Commission
 released  Staff Accounting Bulletin No. 101, Revenue Recognition
 in  Financial Statements (SAB No. 101), which provides  guidance
 on  the  recognition, presentation and disclosure of revenue  in
 financial  statements.  SAB No. 101 did not impact the company's
 revenue recognition policies.

Note 2 - Going concern

The   Company's  financial  statements  are  prepared  using  the
generally  accepted accounting principles applicable to  a  going
concern,  which  contemplates  the  realization  of  assets   and
liquidation  of  liabilities in the normal  course  of  business.
However,  the  Company  has not commenced its  planned  principal
operations and has  generated  minimal revenues.  The  Company is
dependent upon its ability to secure equity and/or debt financing
and  there are no assurances that the Company will be successful,
without sufficient financing it would be unlikely for the Company
to continue as a going concern.

The  officers  and  directors  are  involved  in  other  business
activities  and  may,  in the future, become  involved  in  other
business  opportunities.   If  a  specific  business  opportunity
becomes  available, such persons may face a conflict in selecting
between  the  Company  and their other business  interests.   The
Company  has not formulated a policy for the resolution  of  such
conflicts.


/19/


                     FreePCSQuote.com, Inc.
                  (a Development Stage Company)
                              Notes

Note 3 - Income taxes

The  Company  accounts  for  income  taxes  under  Statement   of
Financial  Accounting Standards No. 109, "Accounting  for  Income
Taxes"   ("SFAS  No. 109"), which requires use of  the  liability
method.    SFAS  No.  109 provides that deferred tax  assets  and
liabilities are recorded based on the differences between the tax
bases  of  assets and liabilities and their carrying amounts  for
financial   reporting   purposes,  referred   to   as   temporary
differences.  Deferred tax assets and liabilities at the  end  of
each  period are determined using the currently enacted tax rates
applied  to  taxable income in the periods in which the  deferred
tax  assets  and  liabilities  are  expected  to  be  settled  or
realized.

The  provision for income taxes differs from the amount  computed
by  applying  the  statutory federal income tax  rate  to  income
before  provision for income taxes.  The sources and tax  effects
of the differences are as follows:

               U.S federal statutory rate      (34.0%)

               Valuation reserve                34.0%
                                                -----
               Total                              - %
                                                =====

As  of  December  31, 2000, the Company has a net operating  loss
carryforward of approximately $8,050 for tax purposes, which will
be  available to offset future taxable income.  If not used, this
carryforward will expire in 2020.

Note 4 - Stockholders' equity

The  Company is authorized to issue 5,000,000 shares of it $0.001
par value preferred stock and 20,000,000 shares of its $0.001 par
value common stock.

On  March  12, 1999, the Company issued 1,650,000 shares  of  its
$0.001  par  value  common stock as founders' shares  to  several
individuals, entities, and officers and directors of the  Company
for total cash in the amount of $1,650.

On  April  5, 1999, the Company issued 295,000 of its $0.001  par
value  common stock for cash of $5,900 pursuant to a Rule 504  of
the SEC 1933 Securities Act offering.

On  April  5, 1999, the Company issued 25,000 of its  $0.001  par
value  common stock to a shareholder of the Company for corporate
consulting services valued at $500 pursuant to a Rule 504 of  the
SEC 1933 Securities Act offering.

There  have  been  no  other issuances  of  common  stock  and/or
preferred stock.


/20/


                     FreePCSQuote.com, Inc.
                  (a Development Stage Company)
                              Notes

Note 5 - Related party transactions

On  March  12,  1999, the Company issued 750,000  shares  of  its
$0.001  par  value  common  stock  as  founders'  shares  to   an
individual  who  is an officer and director of  the  Company  for
total cash in the amount of $750.

On  April  5, 1999, the Company issued 25,000 of its  $0.001  par
value  common stock to a shareholder of the Company for corporate
consulting services valued at $500 pursuant to a Rule 504 of  the
SEC 1933 Securities Act offering.

The Company paid consulting services to an individual, who is  an
officer, director and shareholder of the Company in the amount of
$2,000 for the period ended December 31, 1999.

The  Company  paid  consulting services to an entity,  who  is  a
shareholder of the Company in the amount of $295 for  the  period
ended December 31, 1999.

The Company does not lease or rent any property.  Office services
are  provided  without charge by an officer and director  of  the
Company.   Such costs are immaterial to the financial  statements
and,  accordingly, have not been reflected therein.  The officers
and  directors  of  the Company are involved  in  other  business
activities  and  may,  in the future, become  involved  in  other
business  opportunities.   If  a  specific  business  opportunity
becomes  available, such persons may face a conflict in selecting
between  the  Company  and their other business  interests.   The
Company  has not formulated a policy for the resolution  of  such
conflicts.


Note 6 - Warrants and options

There  are  no  warrants or options outstanding  to  acquire  any
additional shares of common stock and/or preferred stock.


/21/


                            PART III

ITEM 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND  CONTROL
PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.

     The information required in this item is incoproated by
reference to this document and the section entitled "EMPLOYEES".

ITEM 10. EXECUTIVE COMPENSATION.

The Company does not currently have an employment agreement with
its executive officer. The sole executive officer of the Company
has drawn a total of $2,000 for compensation and has decided to
defer from drawing additional salary from the Company. Over the
next twelve (12) months, however, this executive officer is
expected to draw the following annual compensation. The Company
does not currently have an employee stock option plan.


Name of Individual or   Capacities in Which Remuneration     Annual
  Identity of Group              was Recorded             Compensation1

Eric Borgeson                 President and CEO              $6,000

Footnotes to Executive Compensation:

1.  The Company's sole executive officer has drawn compensation
    from FreePCS totaling $2,000 over a four month span during the
    operating period from inception (February 18, 2000) to fiscal
    year end (December 31, 1999).  Mr. Borgeson has since elected to
    defer compensation until such time that the Company can prudently
    provide such cash outlays and the realization of significant
    revenues.

2.  There were no arrangements, pursuant to which any director
    of the Company was compensated for the period from inception for
    any service provided as a director.  While the Company's only
    directors are its current executive officers who have and elected
    to defer drawing a salary for the management of the Company, it
    may be necessary for the Company to compensate newly appointed
    Directors in order to attract a quality governance team.  At this
    time the Company has not identified any specific individuals or
    candidates nor has it entered into any negotiations or activities
    in this regard.

                      EMPLOYMENT AGREEMENTS

  The Company does not currently have employment agreements with
its executive officers but expects to sign employment agreements
with each in the near future.

ITEM  11.  SECURITY  OWNERSHIP OF CERTAIN BENEFICIAL  OWNERS  AND
MANAGEMENT.

The information required by this Item concerning the stock
ownership of management and five percent beneficial owners is
incorporated herein by reference to ITEM 5 of this document
entitled, "MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS".


/22/


ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

Because of the development stage nature of the Company and its
relatively recent inception, February 18, 1999, the Company has
no relationships or transactions to disclose.  Campbell Mello
Associates, Inc., was retained by FreePCSQuote.com, Inc., to
prepare its initial Regulation D, Rule 504 offering document, as
well as to prepare its Form 211 Information statement and the
Form 10-SB Registration Statement.  In exchange, Campbell Mello
Associates, Inc., was paid a monetary sum along with 450,000
shares of common stock in the Company.  eCom Corporation is an
Internet service provider to FreePCSQuote.com. eCom Corporation
provides its services to the Company at cost.

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K.

(a)   Exhibits:

A list of exhibits required to be filed as part of this Annual
Report is set forth in the Index to Exhibits, which immediately
precedes such exhibits and is incorporated herein by reference.

(b)   Reports on Form 8-K

The Company has not filed any reports on Form 8-K during the last
quarter of the period covered by this Report.


/23/


                           SIGNATURES

     In  accordance with the requirements of Section 13 or  15(d)
of  the   Exchange Act, the registrant caused this report  to  be
signed  on  its  behalf  by   the  undersigned,  thereunto   duly
authorized.


                     FREEPCSQUOTE.COM, INC.
-----------------------------------------------------------------
                           Registrant





Date:  July 10, 2002
     ------------------------





By:  /s/ Eric Borgeson
   --------------------------
   Eric Borgeson
   President, Chief Executive Officer, and Director






     Pursuant to the requirements of the Securities Exchange Act
of 1934, this report has been signed below by the following
persons on behalf of the registrant and in the capacities and on
the dates indicated.

                  (Principal Executive Officer)



Date:  July 10, 2002
     ------------------------



By:  /s/ Eric Borgeson
   --------------------------
   Eric Borgeson
   President, Chief Executive Officer, and Director


/24/


                        INDEX TO EXHIBITS


Exhibit        Name and/or Identification of Exhibit
Number

  3          Articles of Incorporation & By-Laws

                  (a) Articles of Incorporation of the
                  Company filed February 18, 1999.
                  Incorporated by reference to the
                  exhibits to the Company's General Form
                  For Registration Of Securities Of Small
                  Business Issuers on Form 10-SB,
                  previously filed with the Commission.

                  (b) By-Laws of the Company adopted March
                  12, 1999.  Incorporated by reference to
                  the exhibits to the Company's General
                  Form For Registration Of Securities Of
                  Small Business Issuers on Form 10-SB,
                  previously filed with the Commission.

  23         Consent of Independent Auditor


/25/