<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

(Mark One)

/X/            QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED
               MARCH 31, 2000.

                                            OR

/ /            TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934
               FOR THE TRANSITION FROM _______ TO ________.

                         COMMISSION FILE NUMBER 0-28865


                           DAZZLING INVESTMENTS, INC.
                 ----------------------------------------------
                 (Name of Small Business Issuer in its charter)


                Nevada                                          88-0373061
   -------------------------------                            --------------
   (State or other jurisdiction of                           (I.R.S. Employer
    incorporation or organization)                          Identification No.)

        1105 Terminal Way, Suite 202
              Reno, Nevada                                         89502
-----------------------------------------                         -------
(Address of principal executive offices)                         (Zip code)

                                       N/A
             -------------------------------------------------------
             (Former name, former address and former fiscal year, if
                           changed since last report.)

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 / /

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

        At March 31, 2000, there were outstanding 2,100,000 shares of the
        Registrant's Common Stock, $.001 par value.

Transitional Small Business Disclosure Format:   Yes / /   No /X/


<PAGE>   2
                                     PART I

                              FINANCIAL INFORMATION

Item I.   Financial Statements

                                TABLE OF CONTENTS


<TABLE>
<CAPTION>
                                                            PAGE
                                                            ----
<S>                                                         <C>
ACCOUNTANT'S LETTER                                          1

BALANCE SHEET - ASSETS                                       2

BALANCE SHEET - LIABILITIES AND STOCKHOLDERS' EQUITY         3

STATEMENT OF OPERATIONS                                      4

STATEMENT OF STOCKHOLDERS' EQUITY                            5

STATEMENT OF CASH FLOWS                                      6

NOTES TO FINANCIAL STATEMENTS                                7-11
</TABLE>


<PAGE>   3
                          INDEPENDENT AUDITORS' REPORT

Board of Directors                                                  May 15, 2000
DAZZLING INVESTMENTS, INC.
Las Vegas, Nevada

           I have audited the accompanying Balance Sheets of DAZZLING
INVESTMENTS, INC. (A Development Stage Company), as of March 31, 2000, and
December 31, 1999, and the related statements of stockholders' equity for March
31, 2000, and December 31, 1999, and statements of operations and cash flows for
the three months ending March 31, 2000, and March 31, 1999, and the two years
ended December 31, 1999, and December 31, 1998, and the period December 6, 1996
(inception), to March 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. Those standards require that we 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 statements. 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 DAZZLING
INVESTMENTS, INC. (A Development Stage Company), as of March 31, 2000, and
December 31, 1999, and the related statements of stockholders' equity for March
31, 2000, and December 31, 1999, and statements of operations and cash flows for
the three months ending March 31, 2000, and March 31, 1999, and the two years
ended December 31, 1999, and December 31, 1998, and the period December 6, 1996
(inception), to March 31, 2000, in conformity with generally accepted accounting
principles.

           The accompanying financial statements have been prepared assuming the
Company will continue as a going concern. As discussed in Note #5 to the
financial statements, the Company has suffered recurring losses from operations
and has no established source of revenue. This raises substantial doubt about
its ability to continue as a going concern. Management's plan in regard to these
matters is described in Note #5. These financial statements do not include any
adjustments that might result from the outcome of this uncertainty.


---------------------------
Barry L. Friedman
Certified Public Accountant
1582 Tulita Drive
Las Vegas, NV 89123
Phone: (702) 361-8414

<PAGE>   4
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                                  BALANCE SHEET


                                     ASSETS

<TABLE>
<CAPTION>
                                  3 MOS. ENDED        YEAR ENDED
                                  MAR. 31, 2000       DEC. 31, 1999
                                  -------------       -------------
<S>                               <C>                 <C>
CURRENT ASSETS                    $         0         $         0
                                  -----------         -----------
     TOTAL CURRENT ASSETS         $         0         $         0
                                  -----------         -----------

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

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

TOTAL ASSETS                      $         0         $         0
                                  -----------         -----------
</TABLE>


    The accompanying notes are an integral part of these financial statements



                                      -2-
<PAGE>   5
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                                  BALANCE SHEET


                      LIABILITIES AND STOCKHOLDERS' EQUITY


<TABLE>
<CAPTION>
                                             3 MOS. ENDED    YEAR ENDED
                                             MAR. 31, 2000   DEC. 31, 1999
                                             -------------   -------------
<S>                                          <C>             <C>
CURRENT LIABILITIES

     Officers Advances (Note #8)             $ 23,630        $  2,075
                                             --------        --------


TOTAL CURRENT LIABILITIES                    $ 23,630        $  2,075
                                             --------        --------


STOCKHOLDERS EQUITY (Note #4)

Common stock, $.001 par value
authorized 25,000,000 shares
issued and outstanding at
December 31, 1999 - 2,100,000 shares                         $  2,100
March 31, 2000 - 2,100,000 share             $  2,100

     Additional paid in Capital                     0               0
     Accumulated deficit during
     the development stage                   - 25,730          -4,175
                                             --------        --------


TOTAL STOCKHOLDERS' EQUITY                   $-23,630        $ -2,075
                                             --------        --------

TOTAL LIABILITIES AND
STOCKHOLDERS EQUITY                          $      0        $      0
                                             --------        --------
</TABLE>


    The accompanying notes are an integral part of these financial statements



                                      -3-
<PAGE>   6
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                             STATEMENT OF OPERATIONS


<TABLE>
<CAPTION>
                                                                                                          DEC. 6,1996
                              3 MOS ENDED        3 MOS ENDED        YEAR ENDED         YEAR ENDED         (INCEPTION)
                              MARCH 31,          MARCH 31,          DEC. 31,           DEC. 31,           TO MAR. 31,
                              2000               1999               1999               1998               2000
                              -----------        ----------         ----------         ----------         -----------
<S>                           <C>                <C>                <C>                <C>                <C>
REVENUE                       $        0         $        0         $        0         $        0         $        0
                              ----------         ----------         ----------         ----------         ----------

EXPENSES

   General, Selling
   and Administrative         $   21,555         $      350         $      350         $        0         $   25,730
                              ----------         ----------         ----------         ----------         ----------

TOTAL EXPENSES                $   21,555         $      350         $      350         $        0         $   25,730
                              ----------         ----------         ----------         ----------         ----------

Net Profit/Loss (-)           $  -21,555         $     -350         $     -350         $        0         $  -25,730
                              ----------         ----------         ----------         ----------         ----------

Net Profit/Loss(-)
per weighted
share (Note #2)               $   -.0099         $   -.0002         $   -.0002         $      NIL         $   -.0123
                              ----------         ----------         ----------         ----------         ----------

Weighted average
number of common
shares outstanding             2,100,000          2,100,000          2,100,000          2,100,000          2,100,000
                              ----------         ----------         ----------         ----------         ----------
</TABLE>


    The accompanying notes are an integral part of these financial statements



                                      -4-
<PAGE>   7
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY


<TABLE>
<CAPTION>
                                                          ADDITIONAL         ACCUMU-
                               COMMON          STOCK       PAID-IN            LATED
                               SHARES          AMOUNT      CAPITAL           DEFICIT
                               ------          ------     ----------         -------
<S>                          <C>               <C>        <C>                <C>
Balance,
December 31, 1998               21,000         $2,100      $    0            $-2,100

September 3, 1999
Changed from no par
value to $0.001                                -2,079      +2,079

September 3, 1999
Forward stock split
100:1                        2,079,000         +2,079      -2,079
Net loss, Year Ended
December 31, 1999                                                            -2,075
                             ---------         ------      ------          ---------

Balance,
December 31, 1999            2,100,000         $2,100      $    0          $ -4,175

Net Loss
January 1, 2000, to
March 31, 2000                                                              -21,555
                             ---------         ------      ------          ---------

Balance,
March 31, 2000               2,100,000         $2,100      $    0          $ -25,730
                             ---------         ------      ------          ---------
</TABLE>



    The accompanying notes are an integral part of these financial statements



                                      -5-
<PAGE>   8
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                             STATEMENT OF CASH FLOWS


<TABLE>
<CAPTION>
                                                                                             DEC. 6,1996
                                   3 MOS ENDED   3 MOS ENDED   YEAR ENDED    YEAR ENDED      (INCEPTION)
                                   MARCH 31,     MARCH 31,     DEC. 31,      DEC. 31,        TO MAR.31,
                                   2000          1999          1999          1998            2000
                                   -----------   -----------   ----------    ----------      ------------
<S>                                <C>           <C>           <C>           <C>             <C>
Cash Flow from
Operating Activities
Net Loss                           $-21,555      $ -350        $ -2,075         0            $ -25,730

Adjustment to reconcile
net loss to net cash
provided by operating
activities

Changes in Assets
and Liabilities

Increase in current
Liabilities
Officers Advances                   +21,555        +350          +2,075         0              +23,630
                                   --------      ------        --------      ----            ---------

Net cash used in
operating Activities               $      0      $    0        $      0      $  0            $  -2,100

Cash Flows from
Investing Activities                      0           0               0         0                    0

Cash Flows from
Financing Activities
Issuance of Common
Stock                                     0           0               0         0               +2,100
                                   --------      ------        --------      ----            ---------

Net increase
(decrease)
in cash                            $      0      $    0        $      0      $  0            $       0

Cash, beginning
of period                                 0           0               0         0                    0
                                   --------      ------        --------      ----            ---------


Cash, end of period                $      0      $    0        $      0      $  0            $       0
                                   --------      ------        --------      ----            ---------
</TABLE>



    The accompanying notes are an integral part of these financial statements



                                      -6-
<PAGE>   9
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                          NOTES TO FINANCIAL STATEMENTS
                      March 31, 2000, and December 31, 1999


NOTE 1 - HISTORY AND ORGANIZATION OF THE COMPANY

        The Company was organized December 6, 1996, under the laws of the State
        of Nevada as DAZZLING INVESTMENTS, INC. The Company currently has no
        operations and in accordance with SFAS #7, is considered a development
        company.


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

        Accounting Method

                The Company records income and expenses on the accrual method.

        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 equivalents

                The Company maintains a cash balance in a non-interest-bearing
                bank that currently does not exceed federally insured limits.
                For the purpose of the statements of cash flows, all highly
                liquid investments with the maturity of three months or less are
                considered to be cash equivalents. There are no cash equivalents
                as of December 31, 1999, or March 31, 2000.



                                      -7-
<PAGE>   10

                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                      March 31, 2000, and December 31, 1999


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

        Income Taxes

                Income taxes are provided for using the liability method of
                accounting in accordance with Statement of Financial Accounting
                Standards No. 109 (SFAS #109) "Accounting for Income Taxes". A
                deferred tax asset or liability is recorded for all temporary
                difference between financial and tax reporting. Deferred tax
                expense (benefit) results from the net change during the year of
                deferred tax assets and liabilities.

        Reporting on 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 organization costs. It requires
                most costs of start-up activities and organization costs to be
                expensed as incurred. 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. Diluted loss per
                share reflects per share amounts that would have resulted if
                dilative common stock equivalents had been converted to common
                stock. As of March 31, 2000, the Company had no dilative common
                stock equivalents such as stock options.

        Year End

                The Company has selected December 31st as its year-end.



                                      -8-
<PAGE>   11




                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                      March 31, 2000, and December 31, 1999


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

        Year 2000 Disclosure

                The year 2000 issue is the result of computer programs being
                written using two digits rather than four to define the
                applicable year. Computer programs that have time sensitive
                software may recognize a date using "00" as the year 1900 rather
                than the year 2000. This could result in a system failure or
                miscalculations causing disruption of normal business
                activities. Since the Company currently has no operating
                business and does not use any computers, and since it has no
                customers, suppliers or other constituents, there are no
                material Year 2000 concerns.


NOTE 3 - INCOME TAXES

                There is no provision for income taxes for the period ended
                March 31, 2000, due to the net loss and no state income tax in
                Nevada, the state of the Company's domicile and operations. The
                Company's total deferred tax asset as of December 31, 1998, is
                as follows:

<TABLE>
<S>                                                           <C>
                    Net operation loss carry forward          $  4,175
                    Valuation allowance                       $  4,175

                    Net deferred tax asset                    $      0
</TABLE>


        The federal net operating loss carry forward will expire in 2016 and
        2019.

        This carry forward may be limited upon the consummation of a business
        combination under IRC Section 381.



                                      -9-
<PAGE>   12

                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                      March 31, 2000, and December 31, 1999


NOTE 4 - STOCKHOLDERS' EQUITY

        Common Stock

        The authorized common stock of DAZZLING INVESTMENTS, INC. consists of
        25,000,000 shares with a par value of $0.001 per share.

        Preferred Stock

        The Company has no Preferred Stock.

        On December 10, 1996, the company issued 21,000 shares of its no par
        value common stock in consideration of $2,100.00, in cash.

        On September 3, 1999, the State of Nevada approved the Company's
        restated Articles of Incorporation, which increased it capitalization
        from 25,000 common shares to 25,000,000 common shares. The no par value
        was changed to $0.001.

        On September 3, 1999, the Company forward split its common stock 100:1,
        thus increasing the issued and outstanding stock of the corporation from
        21,000 to 2,100,000 common shares.


NOTE 5 - GOING CONCERN

        The Company's financial statements are prepared using 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 does not have significant cash
        or other material assets, nor does it have an established source of
        revenues sufficient to cover its operating costs and to allow it to
        continue as a going concern. It is the intent of the Company to seek a
        merger with an existing, operating company. Until that time, the
        stockholders/officers and or directors have committed to advancing the
        operating costs of the Company interest free.



                                      -10-
<PAGE>   13
                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)


                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                    -----------------------------------------
                      March 31, 2000, and December 31, 1999


NOTE 6 - RELATED PARTY TRANSACTIONS

        The Company neither owns nor leases any real or personal property. An
        officer of the corporation provides office services without charge. 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 7 - WARRANTS AND OPTIONS

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


NOTE 8 - OFFICERS ADVANCES

        While the Company is seeking additional capital through a merger with an
        existing company, an officer of the Company has advanced funds on behalf
        of the Company to pay for any costs incurred by it. These funds are
        interest free.



                                      -11-
<PAGE>   14

Item II.       Management's Discussion and Analysis of Financial
               Condition and Results of Operations

        The Company has not commenced business activities and has no assets or
operations. The Company has not entered into any negotiations to effectuate a
business combination. The Company is dependent upon its officers to meet any de
minimis costs which may occur.

        Gloria Eck, an officer and director of the Company, has agreed to
provide the necessary funds, without interest, for the Company to comply with
the Securities Exchange Act of 1934, as amended, provided that she is an officer
and director of the Company when the obligation is incurred. All advances are
interest-free.

        In addition, since the Company has had no operating history nor any
revenues or earnings from operations, with no significant assets or financial
resources, the Company will in all likelihood sustain operating expenses without
corresponding revenues, at least until the consummation of a business
combination. This may result in the Company incurring a net operating loss which
will increase continuously until the Company can consummate a business
combination with a profitable business opportunity and consummate such a
business combination.

        This discussion may contain certain forward looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ materially from those forward-looking statements. The
factors that may cause actual results to differ materially is that the Company
has no arrangement, agreement or understanding with respect to engaging in a
merger with, joint venture with or acquisition of, a private or public company
and that there can be no assurance that the Company will be successful in
identifying and evaluating suitable business opportunities or including a
business combination.

Item III.  Qualitative and Quantitative Disclosures About Market Risk.

        The Company has neither considered or conducted any research concerning
qualitative and quantitative market risk.


<PAGE>   15

                                     PART II

                                OTHER INFORMATION

<TABLE>
<S>                                                                         <C>
Item 1 - Legal Proceedings ..............................................   None

Item 2 - Changes in the Rights of the Company's
         Security Holders ...............................................   None

Item 3 - Defaults by the Company on its
         Senior Securities ..............................................   None

Item 4 - Submission of Matter to Vote of Security
         Holders ........................................................   None
</TABLE>

Item 5 - Other Information

               The board held one meeting during the current quarter, including
both regularly scheduled and special meetings and actions by unanimous written
consent.

               The board of directors has not established any audit committee.
In addition, the Company does not have any other compensation or executive or
similar committees. The Company will not, in all likelihood, establish any audit
committee until such time as the Company completes a business combination, of
which there can be no assurance. The Company recognizes that an audit committee,
when established, will play a critical role in the financial reporting system of
the Company by overseeing and monitoring management's and the independent
auditors' participation in the financial reporting process. At such time as the
Company establishes an audit committee, its additional disclosures with the
Company's auditors and management may promote investor confidence in the
integrity of the financial reporting process.

               Until such time as an audit committee has been established, the
full board of directors will undertake those tasks normally associated with an
audit committee to include, but not by way of limitation, the (i) review and
discussion of the audited financial statements with management, (ii) discussions
with the independent auditors the matters required to be discussed by the
Statement On Auditing Standards No. 61, as may be modified or supplemented, and
(iii) received from the auditors disclosures regarding the auditors'
Independents Standards Board Standard No. 1, as may be modified or supplemented.

        The board of directors of the Company, consistent with its intent to
enhance the reliability and credibility of its financial statements, has
submitted the financial statements included in this Form 10-QSB to its
independent auditors prior to the filing of this report. An audit was completed
for the quarter then ended.



<PAGE>   16
Item 6 - Exhibits and Reports on Form 8-K

        The following exhibits are filed with this report:

               (a)    No reports on Form 8-K were filed during the quarter for
                      which the report is filed.

               (b)    Financial Data Schedule 27.1.

                                    SIGNATURE

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

Dated: May 12, 2000                    DAZZLING INVESTMENTS, INC.


                                       By: /S/ Gloria Eck
                                           -------------------------------------
                                           Gloria Eck
                                           President