<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

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

     For  the  quarterly  period  ended  March  31,  2002

[ ]  Transition  Report  pursuant to 13 or 15(d) of the Securities Exchange
     Act  of  1934

     For  the  transition  period to


          Commission  File  Number          000-27621
                                            ---------

                               Studio Bromont Inc.
          -----------------------------------------------------------------
          (Exact name of small Business Issuer as specified in its charter)

Florida                                                95-4720231
--------------------------------                       -------------------
(State or other jurisdiction of                        (IRS Employer
incorporation  or  organization)                       Identification No.)


2300 W. Sahara, Ave., Suite 500
Las Vegas, Nevada                                      89102
---------------------------------------                ----------
(Address of principal executive offices)               (Zip Code)

Issuer's telephone number, including area code:        514-891-9070
                                                       ------------


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

Check  whether  the issuer (1) 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 issuer was required to file such
reports),  and  (2) has been subject to such filing requirements for the past 90
days    [X]  Yes    [  ]  No

State the number of shares outstanding of each of the issuer's classes of common
stock,  as  of  the  latest  practicable date:  9,668,224 Shares of Common Stock
outstanding  as  of  March  31,  2002.


<PAGE>

                         PART 1 - FINANCIAL INFORMATION

Item  1.          Financial  Statements


The accompanying unaudited financial statements have been prepared in accordance
with  the  instructions  to Form 10-QSB and Item 310 (b) of Regulation S-B, and,
therefore, do not include all information and footnotes necessary for a complete
presentation  of  financial  position,  results  of  operations, cash flows, and
stockholders'  equity  in  conformity  with  generally  accepted  accounting
principles.  In  the opinion of management, all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been  included  and  all  such  adjustments  are  of  a normal recurring nature.
Operating  results for the three months ended March 31, 2002 are not necessarily
indicative  of the results that can be expected for the year ending December 31,
2002.




                                       2

<PAGE>





                                 Studio  Bromont,  Inc.
                          (Formerly  Petapeer  Holdings,  Inc.)
                             (A  Development  Stage  Company)
                                  Financial  Statements
                                    March  31,  2002


                                       F-1

<PAGE>

                                  Studio Bromont, Inc.
                            (A  Development  Stage  Company)
                                     Balance  Sheet


                                                       March           December
                                                       31, 2002        31, 2001
                                                      ----------     -----------
                                                      (Unaudited)
                                     Assets
Current Assets
--------------
  Subscriptions Receivable                            $     1,333    $    1,333
                                                      ------------   -----------
      Total Current Assets                                  1,333         1,333

Other Assets
------------
  Capital Assets, net                                       3,904         4,164
  Technology Costs, net                                    23,860        26,958
                                                      ------------   -----------

      Total Other Assets                                   27,764        31,122
                                                      ------------   -----------
      Total Assets                                    $    29,097    $   32,455
                                                      ============   ===========

                     Liabilities & Stockholders' Equity

Current Liabilities
-------------------

  Accounts Payable and Accrued Liabilities            $   588,289    $  562,617
  Note Payable                                             99,422        99,422
  Note Payable - Related Party                            141,574       141,574
  Accrued Interest                                         18,644        16,267
                                                      ------------   -----------

      Total Current Liabilities                           847,929       819,880

Stockholders' Equity
--------------------

  Common Stock, 50,000,000 Shares Authorized
    at $0.001 Par Value; 9,668,224 Shares Issued
    & Outstanding                                           9,668         9,668
  Additional Paid In Capital (Deficit)                    991,665       991,665
  Common Stock Subscribed                                 231,731       231,731
  Deficit Accumulated in the Development Stage         (1,051,896)   (1,020,489)
  Less: Treasury Stock                                 (1,000,000)   (1,000,000)
                                                      ------------   -----------

      Total Stockholders' Equity                         (818,832)     (787,425)
                                                      ------------   -----------

      Total Liabilities & Stockholders' Equity        $    29,097    $   32,455
                                                      ============   ===========



                See  accompanying  notes  to  financial  statements.

                                       F-2

<PAGE>

<TABLE>
<CAPTION>
                                Studio  Bromont,  Inc.
                          (A  Development  Stage  Company)
                              Statement  of  Operations
                                     (Unaudited)

                                                             Deficit
                                                           Accumulated
                              For the Three Months Ended   During the
                                  March        March       Development
                                 31, 2002     31, 2001        Stage
                               -----------   -----------   -----------
<S>                            <C>           <C>           <C>

Revenue                        $        -    $        -    $        -
-------                        -----------   -----------   -----------

Expenses
--------

  General & Administrative          1,227         1,694       409,888
  Depreciation & Amortization       3,358        23,490        18,096
  Legal Fees                       24,445        39,453       147,139
  Salaries & Benefits                   -             -       306,488
  Travel                                -        15,279        29,193
                               -----------   -----------   -----------

    Total Expenses                 29,030        79,916       910,804
                               -----------   -----------   -----------

    Operating Income (Loss)       (29,030)      (79,916)     (910,804)

Other Income (Expenses)
-----------------------

Interest Expense                   (2,377)            -       (13,515)
                               -----------   -----------   -----------

    Total Other Income
     (Expenses)                    (2,377)            -       (13,515)
                               -----------   -----------   -----------

    Net Income (Loss)          $  (31,407)   $  (79,916)   $ (924,319)
                               ===========   ===========   ===========

    Loss Per Share             $    (0.00)   $    (0.01)

    Weighted Average Shares
    Outstanding                 9,668,224     8,500,000

</TABLE>

                See  accompanying  notes  to  financial  statements.

                                       F-3


<PAGE>

<TABLE>
<CAPTION>
                              Studio  Bromont,  Inc.
                        (A  Development  Stage  Company)
                            Statement  of  Cash  Flows
                                    (Unaudited)

                                                                       Deficit
                                                                     Accumulated
                                          For the Three Months Ended  During the
                                              March       March      Development
                                             31, 2002    31, 2001       Stage
                                            ----------  ----------   -----------
<S>                                         <C>         <C>          <C>

Cash Flows from Operating Activities
------------------------------------
  Net Income (Loss)                         $ (31,407)  $ (79,916)   $(924,319)
  Adjustment to Reconcile Net (Loss)
   to Net Cash Provided by Operating
   Activities;
     Deficiency from Subsidiary                     -           -     (127,577)
     Depreciation & Amortization                3,358       1,694       18,096
     Increase (Decrease) in Accounts
      Payable                                  25,672      32,446      588,289
     Increase (Decrease) in Interest
      Payable                                   2,377           -       18,644
                                            ----------  ----------   -----------

      Net Cash Provided (Used)
      By Operating Activities                       -     (45,776)    (426,867)

Cash Flows from Investing Activities
------------------------------------
  Payments for Technology Costs                     -     (40,655)     (40,655)
  Payments for Computer Equipment                   -           -       (5,205)
                                            ----------  ----------   -----------

      Net Cash Provided (Used) by
      Investing Activities                          -     (40,655)     (45,860)

Cash Flows from Financing Activities
------------------------------------
  Proceeds from Stock Subscriptions                 -           -      231,731
  Proceeds from Notes Payable                       -           -       99,422
  Proceeds from Related Party Notes                 -      85,876      141,574
                                            ----------  ----------   -----------

      Net Cash Provided (Used) by
      Financing Activities                          -      85,876      472,727
                                            ----------  ----------   -----------

      Increase (Decrease) in Cash                   -        (555)           -

      Cash at Beginning of Period                   -       1,068            -
                                            ----------  ----------   -----------

      Cash at End of Period                 $       -   $     513    $       -
                                            ==========  ==========   ===========

Disclosures from Operating Activities
-------------------------------------
  Interest                                  $       -   $       -    $       -
  Taxes                                             -           -            -

</TABLE>


                See  accompanying  notes  to  financial  statements.

                                       F-4

<PAGE>


                              Studio  Bromont,  Inc.
                        (A  Development  Stage  Company)
                         Notes  to  Financial  Statements
                                March  31,  2002

ITEM  1  -  FINANCIAL  STATEMENTS

     The  condensed  financial  statements included herein have been prepared by
the  Company,  without  audit,  pursuant  to  the  rules  and regulations of the
Securities  and  Exchange  Commission.  Certain  information  and  footnote
disclosures  normally  included  in  financial statements prepared in accordance
with  generally  accepted  accounting  principles have been condensed or omitted
pursuant  to  such rules and regulations, although the Company believes that the
disclosures  are  adequate  to  make  the  information presented not misleading.

     In  the  opinion of the Company, all adjustments, consisting of only normal
recurring adjustments, necessary to present fairly the financial position of the
Company  as  of  March 31, 2002 and the results of its operations and changes in
its  financial  position from December 31, 2001 through March 31, 2002 have been
made.  The  results of its operations for such interim period is not necessarily
indicative  of  the  results  to  be  expected  for  the  entire  year.




                                       F-5

<PAGE>

       Item 2. Management's Discussion and Analysis or Plan of Operations

Plan  of  Operations

Our  principal  asset  is a license to use and commercialize the client software
known  as  "Gnotella"  ("Gnotella").  However, in late 2001, further development
and promotion of Gnotella ceased.  During the three month period ended March 31,
2002,  the  Company  sought  new  business  opportunities.

In  or  around February, 2002, the Company entered into a plan of reorganization
with  Studio  Bromont  Inc.  If  the  plan  had  been  consummated, the business
operations  of the Studio Bromont Inc. would have become the business operations
of  the  Company.  The plan of reorganization was never closed, and in or around
March,  2002, the plan expired according to its terms and was never consummated.
In  contemplation of the transactions set forth in the plan, the Company changed
its  name  to Studio Bromont Inc. and that remains the name of the Company as of
the  date  of  this  filing.

For  the  next  12  months,  the  Company  will  continue  to  seek out business
opportunities  in  which  it  can  engage and/or operating companies that it can
acquire.  At March 31, 2002, the Company had no working capital to meet the cash
requirements  of the Company.  In addition, at that date the Company had current
liabilities  totaling  $847,929.  We  therefore believe the Company will need to
raise  as  much as $900,000 by selling common shares or by borrowing in order to
have  sufficient  capital to meet its needs for the next 12 months.  The Company
attempted  without  success to raise sufficient capital to vigorously pursue its
business  during 2001.  Accordingly, there is significant doubt as to whether we
will  be able to raise the $900,000.  Therefore the day to day operations of the
Company  are  contingent  upon  our  creditors  allowing  us  to proceed without
immediate  payment  of  our obligations and upon our ability to raise sufficient
monies to sustain minimal operations while we search for a business opportunity.
It  is  impossible  to  know at this point whether we will be successful in this
attempt.

It  should  also  be  noted  that  the Company is obligated to satisfy the costs
associated  with filing the required reports under the Exchange Act of 1934.  It
appears  at  the  present time that these costs will also have to be met through
the  continued  sale  of  stock or by borrowing additional funds.  The Company's
current  operating  plan  is  to  (i)  handle  the  administrative and reporting
requirements  of  a  public  company;  and  (ii)  search for potential business,
products,  technologies  and  companies  for  acquisition.

PART  II  -  OTHER  INFORMATION

Item  1.  Legal  Proceedings

     None

Item  2.  Changes  in  Securities

     None


                                       3

<PAGE>

Item  3.  Defaults  upon  Senior  Securities

     None

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

     Effective  February 14, 2002, a majority of the shareholders of the Company
took  action  by  written consent to approve the name change of the Company from
Petapeer Holdings Inc. to Studio Bromont Inc.  On that date there were 9,668,224
common  shares  issued  and  outstanding.  The  consent was signed by persons or
entities holding 5,168,224 common shares or 54% of the common shares then issued
and  outstanding.

Item  5.  Other  Information

     None

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

          (a)     Exhibits

                  None

          (b)     Reports  on  Form  8-K

                  None


                                       4

<PAGE>

                                   SIGNATURES

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

Studio Bromont Inc.

Date     May 20, 2002



By:  /s/ Rodger Brulotte
     -----------------------------------
     Rodger Brulotte, CEO and
     Principal Financial Officer


                                       5