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 June 30, 2003
 
 [ ]  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 Identification No.)
 incorporation or organization)
 
 2300 W. Sahara, Ave., Suite 500
 Las Vegas, Nevada       89102
 (Address of principal executive offices)    (Zip Code)
 
 Issuer's telephone number, including area code:   514-730-6514
 
 
 PETAPEER HOLDINGS, INC.
 2300 W. SAHARA AVE., SUITE 500
 LAS VEGAS, NEVADA
 89102
 __________________________________________
 (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: 13,703,416 Shares of Common Stock outstanding as of June 30, 2003.
   
  
   PART 1 - FINANCIAL INFORMATION
 
 Item 1.   Financial Statements
 
 The accompanying un-audited financial statements have been prepared in accordance with the instructions to Form 10-QSB and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders' deficit 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 six months ended June 30, 2003 are not necessarily indicative of the results that can be expected for the year ending December 31, 2002.
 
 
  
 STUDIO BROMONT INC.
 (Development Stage Company)
 BALANCE SHEET
 June 30, 2003 and December 31, 2002
 
 
 
 June 30, 2003
Dec 31, 2002ASSETSCURRENT ASSETSCash

$
0

$
0Total Current Assets

$
0

$
0LIABILITIES AND STOCKHOLDERS EQUITYCURRENT LIABILITIESAccounts payable

$
671,521

$
666,512Total Current Liabilites

$
671,521

$
666,512STOCKHOLDERS DEFICIENCYCommon stock 50,000,000 shares authorized at
$0.001 par value; 13,703,416 shares issued and outstanding


13,703


13,703Capital in excess of par value


627,808


627,808Deficit accumulated during the Development stage


(1,313,032
)

(1,308,023
)Total Stockholders Deficiency


(671,521
)

(666,512
)$
-

$
- 
 The accompanying notes are an integral part of these financial statements.
   
 STUDIO BROMONT, INC.
 (Development Stage Company)
 STATEMENT OF OPERATIONS
 For the Three and Six Months Ended June 30, 2003 and 2002
 
 
 
 
 3 month
ended
June 30, 2003
3 month
ended
June 30, 2002
6 month
ended
June 30, 2003
6 month
ended
June 30, 2003REVENUES

$
0

$
0

$
0

$
0EXPENSESAdministrative


3,500


12,775


5,009


418,138Depreciation & amortization


0


0


0


6,716Consultants & salaries


0


0


0


32,069Total expenses


3,500


12,775


5,009


456,923OTHER EXPENSESLoss of assets


0


0


0


0NET LOSS


$ (3,500
)

$(12,775
)

$(5,009
)

$(456,923
)NET LOSS PER COMMON SHAREBasic


$ 0


$ 0


$ 0


$ 0AVERAGE OUTSTANDING SHARESBasic (stated in 1,000s)


13,703


9,668 
 
 
 
 
 The accompanying notes are an integral part of these financial statements.
   
 STUDIO BROMONT, INC.
 (Development Stage Company)
 STATEMENT OF CASH FLOWS
 For the Six Months Ended June 30, 2003 and 2002
 
 June 30,
2003
June 30,
2002CASH FLOWS FROM OPERATING ACTIVITIESNet loss

$
(5,009
)
$
(461,677
)Adjustments to reconcile net loss to Net cash provided by operating ActivitiesDepreciation & amortization





6,716Increase (Decrease) in Interest Payable





4,754Changes in accounts payables


5,009


44,688Contributions to capital-expenses


0


0Capital stock issued as payment for expenses


0


405,519Net increase (Decrease) in Cash Flows from operations


0


0CASH FLOWS FROM INVESTING ACTIVITIESCASH FLOWS FROM FINANCING ACTIVITIESProceeds from loans


0


0Proceeds from common stock subscriptions


0


0Net change in Cash


0


0Cash at Beginning of Period


0


0Cash at end of Period


$ 0


$ 0SCHEDULE OF NON CASH OPERATION ACTIVITIESContributions to capital-expenses 2000-2002


0


0stock issued as payment for expenses 1992-2002


0


0 
 
 
  
 
 
 
 The accompanying notes are an integral part of these financial statements.
   
 
 
 
 STUDIO BROMONT INC.
 (Development Stage Company)
 NOTES TO FINANCIAL STATEMENTS
 June 30, 2003
 
 
 1.ORGANIZATION
 
 The Company was incorporated under the laws of the State of Florida on July 17, 1992 under the name American finacial Seminares, Inc with authorized common stock of 1,000 shares at $1.00 par value.
 
 Since its inception the company has made several name changes and an increase in the authorized common stock to 50,000,000 shares with a par value of $.001.
 
 The company was organized for the purpose of marketing a software license, however, in late 2001 this activity was abandoned and the company has remained inactive after that date.
 
 The company is in the development stage.
 
 2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 
 Accounting methods
 
 The company recognizes income and expenses based on the accrual method of accounting.
 
 Dividend policy
 
 The company has not yet adopted a policy regarding payment of dividends.
 
 Income taxes
 
 On June 30, 2003, the company had a net operating loss carry forward of $1,313,032. The amount of carryfoward that may be availible to offset future profits has not been determined and therefore no provision for a tax benefit has been provided.
 
 The loss carryforward expires starting in 2007 through 2023.
 
 Basic and Diluted net Income (Loss) per share
 
 Basic net income (loss) per share amount are computed based on the weighted average number of shares actually outstanding. Diluted net income (loss) per share amount are computed using the weighted average number of common shares and common equivalent shares outstanding as if shares had been issued on the exercise of the common share right
 
  
 
 STUDIO BROMONT INC.
 (Development Stage Company)
 NOTES TO FINANCIAL STATEMENTS (Continued)
 June 30, 2003
 
 
 2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
 
 unless the exercise becomes antidilutive and then only the basic share amount are shown in the report.
 
 Statement of cash flows
 
 For the purposes of the statement of cash flow, the company considers all highly liquid investments with a maturity of three month or less to be cash equivalents.
 
 Financial and Concentration Risk
 
 The company does not have any concentration or related financial credit risk.
 
 Revenue Recognition
 
 Revenue is recognized on the sale and delivery of product or the completion of a service provided.
 
 Advertising and Market development
 
 The company expenses advertising and market develpment costs as incurred.
 
 Estimates and Assumptions
 
 Management uses estimates and assumptions in preparing financial statements in accordance with accounting principales generally accepted in the United States of America. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenue and expenses. Actual result could vary from the estimates that were assumed in preparing these financial statements.
 
 Financial Instruments
 
 The carrying amounts of financial instruments, including accounts payable, are considered by management to be their estimated fair values.
 
 Recent Accounting Pronouncements
   
 
 
 STUDIO BROMONT INC.
 (Development Stage Company)
 NOTES TO FINANCIAL STATEMENTS (Continued)
 June 30, 2003
 
 
 The company does not expect that the adoption of other recent accounting pronouncements will have a material impact on its financial statements.
 
 3.CAPITAL STOCK
 
 During 2002 the company completed an SEC registration and issuance of 4,035,192 common shares at $.10 for service, of which 1,847,877 shares were issued to a manager of the Company. (note 4)
 
 4.SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES
 
 Officer-directors have not acquired any of the common outstanding stock of the company nor received any compensation.
 A manager of the company, not an officer-director, received 1,847,877 free trading common shares for service, which he sold, and he has also made contributions to capital in 2002 by the payment $91,000 of Company expenses.
 
 5.GOING CONCERN
 
 The company will need additional working capital to service its debt and to be successful in its planned activity which raises substantial doubt about its ability to continue as a going concern. Continuation of the Company as a going concern is dependent upon obtaining additional working capital and the management of the company has developed a strategy, which it believes will accomplish this objective through additional equity funding, and long term financing, which will enable the company to operate in the coming year.
   
 Item 2. Management's Discussion and Analysis or Plan of Operations
 
 FORWARD LOOKING STATEMENTS
 
 The information in this discussion contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding the Company's capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential" or "continue", the negative of such terms or other comparable terminology. Actual events or results may differ materially. In evaluating these statements, you should consider various factors, including the risks outlined below, and, from time to time, in other reports the Company files with the SEC. These factors may cause the Company's actual results to differ materially from any forward-looking statement. The Company disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
 
 Overview
 
 Our principal asset was a license to use and commercialize the client software known as "Gnotella" ("Gnotella"). However, in late 2001, further development and promotion of Gnotella ceased.
 
 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.
 
 Plan of Operations
 
 We currently have no business activities. Our plan of operations is to identify and evaluate other businesses and technology opportunities and make arrangements to acquire one that is consistent with our expertise and income needs.
 
 We can provide no assurance that we will be successful in acquiring other businesses or technology due to our limited working capital. We anticipate that if we are successfully able to identify technology or businesses for acquisition, we will require additional financing in order to enable us to complete the acquisition. However, we can provide no assurance that if we pursue additional financing we will receive any financing.
 
 We currently have forecasted the expenditure of approximately $20,000 during the next six to twelve months in order to remain in compliance with the reporting requirements of the Securities Exchange Act of 1934 and to identify additional businesses and technology for acquisition. The completion of our business plan for the next 12 months is contingent upon us obtaining additional financing. If we are unable to obtain additional financing, our business plan will be significantly impaired and we may lose our listing on the over-the-counter bulletin board. We do not have any formal commitments or arrangements for the sales of stock or the advancement or loan of funds. Without the necessary cash flow, we will not be able to pursue our plan of operations until such time as the necessary funds are raised in the equity securities market. If we are successful and identify a business or technology to acquire, we will need additional financing to complete this acquisition.
 
  
 We do not anticipate purchasing any real property or significant equipment during the next 12 months.
 
 At the present time we have no employees other than our Chief Executive Officer and Chief Financial Officer, Mr. Benoit Laliberte. We do not anticipate hiring any employees until such time as we are able acquire any additional businesses and/or technology.
 
 Results of Operations
 
 We did not earn any revenues during the three or six month period ending June 30, 2003.
 
 We incurred expenses in the amount of $3,500 for the three months ended June 30, 2003, compared to expenses of $12,775 for the three months ended June 30, 2002. We incurred expenses in the amount of $5,009 for the six months ended June 30, 2003, compared to expenses of $456,923 for the six months ended June 30, 2002. Our expenses for the three and six months ended June 30, 2003 were primarily attributable to paying administrative expenses. We incurred $3,500 in administrative expenses for the three months ended June 30, 2003, compared to $12,775 in administrative expenses for the three months ended June 30, 2002. We anticipate our operating expenses will increase as we undertake our plan of operations.
 
 We incurred a loss of $3,500 for the three months ended June 30, 2003, compared to a loss of $12,775 for the three months ended June 30, 2002. Our losses have been attributable entirely to operating expenses.
 
 Liquidity and Capital Resources
 
 As of June 30, 2003, we had no cash, compared to no cash as of December 31, 2002. We had a working capital deficit of $671,521 as of June 30, 2003, compared to a working capital deficit in the amount of $666,512 as of December 31, 2002. Accordingly, we currently have insufficient working capital to pursue our plan of operations.
 
 We have not attained profitable operations and are dependent upon obtaining financing to pursue our plan of operations. For these reasons our auditors stated in their report that they have substantial doubt we will be able to continue as a going concern.
 
 ITEM 3.  CONTROLS AND PROCEDURES.
 
 As required by Rule 13a-14 under the Securities Exchange Act of 1934 (the "Exchange Act"), we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of June 30, 2003. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective in timely alerting management to material information relating to us which is required to be included in our periodic SEC filings. There have been no significant changes in our internal controls or in other factors that could significantly affect internal controls subsequent to the date we carried out our evaluation.
  Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.
   
 PART II - OTHER INFORMATION
 
 
 Item 1. Legal Proceedings
 
 We are not a party to any material legal proceedings and to our knowledge, no such proceedings are threatened or contemplated.
 
 
 Item 2. Changes in Securities
 
 None.
 
 Item 3. Defaults upon Senior Securities
 
 None.
 
 
 Item 4. Submission of Matters to a Vote of Security Holders
 
 No matters were submitted to our security holders for a vote during the fiscal quarter ended June 30, 2003.
 
 
 Item 5. Other Information
 
 On July 9, 2003, Rodger Brulotte resigned as our Chief Executive Officer, Chief Financial Officer, and from the board of directors and appointed Gilles Poliquin to fill the positions which Mr. Brulotte held. On July 22, 2003, Gilles Poliquin resigned as our Chief Executive Officer, Chief Financial Officer, and from the board of directors and appointed Benoit Laliberte to fill the positions which Mr. Poliquin held.
 
 Item 6. Exhibits and Reports on Form 8-K.
 
 EXHIBITS REQUIRED BY ITEM 601 OF FORM 8-K
 
 Exhibit Number
Description of Exhibit31.1
Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 
 REPORTS ON FORM 8-K
 
 We filed a Current Report on Form 8-K on May 15, 2003, to disclose a change in our certifying accountant to Sellers and Andersen L.L.C.
 
  
 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 authorized.
 
 STUDIO BROMONT INC.
 
 Date:  August 26, 2003
  /s/Benoit Laliberte
 
 By:
 Benoit Laliberte
 Principal Executive Officer
 Principal Accounting Officer