UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                   FORM 10-QSB
                  Quarterly Report Under Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


    June 30, 2001                                          0-27891
(For the Quarter Ended)                            (Commission File Number)


                          NEW ERA TECHNOLOGIES COMPANY.
                         (Name of Small Business Issuer)


        Nevada                                           86-0965901
(State of Incorporation)                 (I.R.S. Employer Identification Number)


                23935 Madison Street, Torrance, California 90505
           (Address of Principal Executive Offices Including Zip Code)


                                 (310) 373 6888
                           (Issuers Telephone Number)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act  during  the past 12 months  (or such  shorter
period that the registrant was required to file such reports),  and (2) has been
subject to filing requirements for the past 90 days. YES [X] NO [ ]

Number of shares  outstanding of each of the issuer's  classes of common equity,
as of August 12, 2001; 26,315,790

Transitional Small Business Disclosure Format: YES [ ] NO [X]
<PAGE>
                          NEW ERA TECHNOLOGIES COMPANY.

                                      INDEX

                                                                            Page

PART I - FINANCIAL INFORMATION

     Item 1 - Financial Statements

          Balance Sheet at June 30, 2001                                   3

          Statement of Operations for the three and six months
          ended June 30, 2000 and June 30, 2001                            4

          Statement of Cash Flows for the three and six months
          ended June 30, 2000 June 30, 2001                                5

          Statement of Stockholders' Equity for the six months
          ended June 30, 2001 and 2000                                     6

          Notes to Financial Statements                                    7

     Item 2 - Management's Discussion and Analysis                         8

PART II - OTHER INFORMATION

     Item 1. Legal Proceedings                                             8

     Item 2. Changes in Securities and Use of Proceeds                     8

     Item 3. Default Upon Senior Securities                                8

     Item 4. Submission of Matters to a Vote of Security Holders           8

     Item 5. Other Information                                             8

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

                                       2
<PAGE>
                         PART I - FINANCIAL INFORMATION

ITEM 1. Financial Statements

                          NEW ERA TECHNOLOGIES COMPANY
                            (formerly FirstCAI, Inc.)
                          (A Development Stage Company)

                                 Balance Sheets
                                  June 30, 2001
                                   (unaudited)


                                     ASSETS

Current Assets
  Cash and cash equivalents                                             $    --
                                                                        -------
  Current Assets                                                             --
                                                                        -------

        Total Assets                                                    $    --
                                                                        =======

                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
  Management fees payable                                               $   600
                                                                        -------

        Total Liabilities                                                   600
                                                                        -------

Stockholders' Equity
  Common Stock - $0.0001 par value, authorized 100,000,000
   shares, issued and outstanding 5,040,000                                 504
  Additional paid in capital                                              1,596
  Accumulated Deficit                                                    (2,700)
                                                                        -------
        Total Stockholders' Equity                                         (600)
                                                                        -------

        Total Liabilities and Stockholders' Equity                      $    --
                                                                        =======

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

                                       3
<PAGE>
                          NEW ERA TECHNOLOGIES COMPANY
                            (formerly FirstCAI, Inc.)
                          (A Development Stage Company)

                             Statement of Operations
                 for the six months ended June 30, 2001 and 2000
                                   (unaudited)


<TABLE>
<CAPTION>
                                      For the six                     For the three
                                  months ended June 30,            months ended June 30,
                             -----------------------------      ----------------------------
                                2001              2000             2001             2000
                             -----------       -----------      -----------      -----------
<S>                          <C>               <C>              <C>              <C>
Revenue                      $        --       $        --      $        --     $        --

Expenses
  Administrative costs               600               300              300              300
                             -----------       -----------      -----------      -----------

Net (Loss)                   $      (600)      $      (300)     $      (300)     $      (300)
                             ===========       ===========      ===========      ===========

Loss per common share        $     (0.00)      $     (0.00)     $     (0.00)     $     (0.00)
                             ===========       ===========      ===========      ===========
Weighted average shares
 outstanding                   5,040,000         5,040,000        5,040,000        5,040,000
                             ===========       ===========      ===========      ===========
</TABLE>

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

                                       4
<PAGE>
                          NEW ERA TECHNOLOGIES COMPANY
                            (formerly FirstCAI, Inc.)
                          (A Development Stage Company)

                        Statement of Stockholders' Equity
                 for the six months ended June 30, 2001 and 2000
                                   (unaudited)


<TABLE>
<CAPTION>
                                        Common Stock
                                ---------------------------         Paid in        Retained
                                  Shares           Amount           Capital        Earnings           Total
                                ----------       ----------       ----------      ----------       ----------
<S>                            <C>             <C>              <C>             <C>              <C>
Balance at January 1, 2000       5,040,000       $      504       $    1,596      $     (900)      $    1,200
Net (Loss)                                                                              (600)            (600)
                                ----------       ----------       ----------      ----------       ----------

Balance at June 30, 2000         5,040,000       $      504       $    1,596      $   (1,500)      $      600
                                ==========       ==========       ==========      ==========       ==========

Balance January 1, 2001          5,040,000       $      504       $    1,596      $   (2,100)      $       --
Net (Loss)                                                                              (600)            (600)
                                ----------       ----------       ----------      ----------       ----------

Balance at June 30, 2001         5,040,000       $      504       $    1,596      $   (2,700)      $     (600)
                                ==========       ==========       ==========      ==========       ==========
</TABLE>

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

                                       5
<PAGE>
                          NEW ERA TECHNOLOGIES COMPANY
                            (formerly FirstCAI, Inc.)
                          (A Development Stage Company)

                             Statement of Cash Flows
                for the three months ended June 30, 2001 and 2000
                                   (unaudited)





<TABLE>
<CAPTION>
                                                               For the six              For the three
                                                          months ended June 30,     months ended June 30,
                                                          ---------------------     ---------------------
                                                            2001          2000        2001         2000
                                                          -------       -------     -------       -------
<S>                                                     <C>            <C>        <C>            <C>
Loss from operations                                      $  (600)      $  (600)    $  (300)      $  (300)

Changes in cash flow provided by (used by)
 operating activities:
 Increase in accounts payable                                 600            --         300            --
                                                          -------       -------     -------       -------
        Net cash (used) by operating activities                --          (600)         --          (300)
                                                          -------       -------     -------       -------

Net increase/(decrease) in cash and cash equivalents           --          (600)         --          (300)
                                                          -------       -------     -------       -------

Cash and cash equivalents at beginning of period               --         1,200          --           900
                                                          -------       -------     -------       -------

Cash and cash equivalents at end of period                $    --       $   600     $    --       $   600
                                                          =======       =======     =======       =======
</TABLE>

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

                                       6
<PAGE>
                          NEW ERA TECHNOLOGIES COMPANY
                            (formerly FirstCAI, Inc.)
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENT
                 FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000
                                   (UNAUDITED)

STATEMENT OF INFORMATION FURNISHED

     The accompanying financial statements have been prepared in accordance with
Form  10-QSB   instructions  and  in  the  opinion  of  management  contain  all
adjustments  (consisting  of only normal and  recurring  accruals)  necessary to
present  fairly the financial  position as of June 30, 2001.  These results have
been  determined on the basis of generally  accepted  accounting  principles and
have been reviewed by our independent auditor.

NOTE 1 - THE COMPANY

     FirstCAI,  Inc. (the "Company") was  incorporated in the state of Nevada on
September  3, 1999.  The  Company  has had no  operations  since  incorporation,
however,  has incurred certain costs related to organization and administration.
On  May  11,  2001,   the  Company   entered  into  an  agreement  and  plan  of
reorganization with New Era Technologies  Company whereby control of the Company
changed to the prior  owners of New Era and the Company  changed its name to New
Era  Technologies,  Inc. The entity  expects to issue  25,000,000  to the former
holders of New Era  Technologies  and cancel  3,724,210 shares held by owners of
FirstCIA.  This reorganization will be reflected as a reverse acquisition by New
Era of FirstCAI during the third quarter of 2001.

     Legal  services  were  provided to the Company in exchange for stock of the
Company.  This transaction was based on the out-of-pocket costs for the provider
and recorded by the Company as $500. These organization costs have been expensed
as incurred. For tax purposes, these organizational expenses are being amortized
over 60 months.  Administrative  costs  allocated  to the Company for the period
from inception to June 30, 2001 aggregated $2,700.

NOTE 2 - STOCKHOLDERS' EQUITY

     The Company has  100,000,000  shares of $0.0001 par value stock  authorized
and 5,040,000 shares outstanding at June 30, 2001 and 2000.

                                       7
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
        RESULTS OF OPERATIONS

MANAGEMENT'S PLAN OF OPERATION

     On May 11, 2001 a change in control of FirstCai,  Inc. occurred pursuant to
the  Agreement and Plan of  Reorganization  between  Firstcai,  Inc. and New Era
Technologies Company (a Nevada  corporation).  As agreed by all the shareholders
of  both  companies,  FirstCai,  Inc.  acquired  100%  of the  stock  of New Era
Technologies for 25,000,000  newly issued shares of Firstcai,  Inc. The majority
shareholder of FirstCai,  Inc. also cancelled and returned  3,724,210  shares to
FirstCai,  Inc. The sole officer and Director of FirstCai  resigned and FirstCai
changed its name to New Era Technologies  Company.  The registrant  disclosed in
its first quarter  10-QSB that it was involved in these  negotiations  regarding
the  possibility  of an  acquisition  or  merger.  The  registrant  executed  an
Agreement  and Plan of  Reorganization  with the company  however,  the original
closing did not occur within the prescribed time limit.

     The registrant has not yet commenced operations.  The registrant's business
will  be  the   manufacturing,   licensing  and  marketing  of  its  proprietary
rechargeable  battery  technology.  The  registrant  anticipates  that  it  will
initially market its products to the electronic mobile market, which consists of
cellular phones and notebook computers.

     The registrant expects to be in operations within sixty to ninety days.

                           PART II. OTHER INFORMATION

ITEM 3. LEGAL PROCEEDINGS

     The  Company  is not a party to any  litigation  and to its  knowledge,  no
action,  suit or  proceedings  against it has been  threatened  by any person or
entity.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

     None

ITEM 3. DEFAULT UPON SENIOR SECURITIES

     None

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

     The  shareholders  agreed to the  Agreement and Plan of  Reorganization  as
submitted by the registrant.

ITEM 5. OTHER INFORMATION

     None

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a) Exhibits

         None

     (b) Reports on Form 8-K

         There have been three reports filed on Form 8-K.

         An 8-K reporting the change of address filed with the Commission
         April 24, 2000.

         An 8-K reporting a change of control,  resignation  and name change
         to New Era Technologies filed with the Commission on May 21, 2001.

         An 8-K/A  correcting  the address on the letter of  resignation
         filed with the Commission on July 24, 2001.

                                       8
<PAGE>
                                    SIGNATURE

     In accordance  with 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.

                                   New Era Technologies Company



                                   /s/ John Cartier
August 13, 2001                    ------------------------------------
                                   John Cartier, Director and President


                                       9