SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

[X]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934

     For the Quarterly Period Ended: June 30, 2000

[ ]  TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR  15(d)  OF THE  SECURITIES
     EXCHANGE ACT OF 1934

     For the Transaction Period From ____________ to ___________

                       Commission file number 000 111 3524

                              CREATIVE VISTAS, INC.
        (Exact name of small business issuer as specified in its charter)

          Arizona                                                86-0464104
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

           4609 East Mcdowell Road, Suite 100, Phoenix, Arizona 85008
                    (Address of principal executive offices)

                                 (602) 225-0504
                           (Issuer's telephone number)

Check  whether  the  registrant  (1) filed all  reports  required to be filed by
Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during the last 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 [ ] No [X]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

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

                Class                           Outstanding at May 10, 2000
                -----                           ---------------------------
      Common Stock, no par value                         1,000,000

Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]
<PAGE>
PART I

ITEM 1. FINANCIAL STATEMENTS


                              CREATIVE VISTAS, INC.
                         Unaudited Financial Statements
               As of and For the Three Months Ended June 30, 2000

                     INDEX TO UNAUDITED FINANCIAL STATEMENTS

Balance Sheets............................................................... 3
Statements of Income......................................................... 4
Statement of Stockholders' Equity ........................................... 5
Statement of Cash Flows...................................................... 6
Notes to Financial Statements................................................ 7

                                       2
<PAGE>
                              CREATIVE VISTAS, INC.

                                 BALANCE SHEETS

                                                Unaudited         Audited
                                              June 30, 2000   September 30, 1999
                                              -------------   ------------------
Assets

Current Assets
  Cash and Cash Equivalents                      $    574         $    88

      Total Assets                               $    574         $    88
                                                 --------         -------
Liabilities and Shareholders' Equity
Current Liabilities
  Notes Payable- Related Entities                $  6,700         $    --
                                                 --------         -------

Total Liabilities                                $  6,700         $    --
                                                 ========         =======
Shareholders' Equity
     Common stock, no par value;
     1,000,000 shares authorized issued             7,553           7,553
Accumulated deficit                               (13,679)         (7,465)
                                                 --------         -------
                                                   (6,126)             88
                                                 --------         -------

Total Liabilities and Shareholders' Equity       $    574         $    88
                                                 ========         =======

                                       3
<PAGE>
                              CREATIVE VISTAS, INC.

                              STATEMENTS OF INCOME
        For the Three Months and Nine Months Ended June 30, 2000 and 1999
                                   (Unaudited)

<TABLE>
<CAPTION>
                                Three Months Ended              Nine Months Ended
                                     June 30                         June 30
                           ---------------------------     ---------------------------
                               2000            1999            2000            1999
                           -----------     -----------     -----------     -----------
<S>                        <C>             <C>             <C>             <C>
Revenue                    $        --     $        --     $        --     $        --

Expenses
  Printing                         308              --             308              --
  Accounting                        --              --           5,810              --
  Fees                              --              39              --             189
  Miscellaneous                     13              28              96              46
                           -----------     -----------     -----------     -----------

  Total Expenses                   321              67           6,214             235

Net Loss                   $      (321)    $       (67)    $    (6,214)    $      (235)
                           ===========     ===========     ===========     ===========

Loss per common share      $        --     $        --     $     (0.01)    $        --
                           ===========     ===========     ===========     ===========
Weighted average number
  of common shares           1,000,000       1,000,000       1,000,000       1,000,000
                           ===========     ===========     ===========     ===========
</TABLE>

                                       4
<PAGE>
                              CREATIVE VISTAS, INC.

                        STATEMENT OF STOCKHOLDERS' EQUITY


<TABLE>
<CAPTION>
                                         Common Stock       Additional                      Total
                                      -----------------      paid-in      Accumulated    Stockholders'
                                      Shares     Amount      capital        Deficit         Equity
                                      ------     ------      -------        -------         ------
<S>                                 <C>          <C>         <C>            <C>             <C>
Balance at September 30, 1999
(Audited)                           1,000,000    $7,553      $    --        $ (7,465)       $    88

Net loss for the three month
period ended June 30, 2000
(Unaudited)                                      $           $    --        $ (6,214)       $(6,214)
                                    ---------    ------      -------        --------        -------
Balance at June 30, 2000
(Unaudited)                         1,000,000    $7,553      $    --        $(13,679)       $(6,126)
                                    =========    ======      =======        ========        =======
</TABLE>

                                       5
<PAGE>
                              CREATIVE VISTAS, INC.

                            STATEMENTS OF CASH FLOWS
                        For the Nine Months Ended June 30
                                   (Unaudited)


                                                              2000         1999
                                                            -------       -----
Increase (Decrease) in Cash and Cash Equivalents:
 Cash Flows from Operating Activities:
  Cash received from customers                              $    --       $  --
  Cash paid to suppliers and employees                       (6,214)       (235)
                                                            -------       -----

      Net cash used in operating activities                 $(6,214)      $(235)
                                                            -------       -----
 Cash Flows from Financing Activities:
  Notes from related entities                                 6,700          --
                                                            -------       -----
  Net cash provided by financial activities                   6,700          --
                                                            -------       -----
  Net increase (decrease) in cash and cash equivalents          486        (235)
  Cash and cash equivalents at beginning of period               88         244
  Cash and cash equivalents at end of period                $   574       $   9
                                                            =======       =====
Supplemental Information
  Income taxes paid                                         $    --       $  --
  Interest paid                                             $    --       $  --

                                       6
<PAGE>
                              CREATIVE VISTAS, INC.

                          NOTES TO FINANCIAL STATEMENTS

NOTE 1 - History and organization of the Company

     The Company was  incorporated on July 18, 1983, under the laws of the State
of Arizona as Vista  Financial  Services,  Inc.  The Company was a  wholly-owned
subsidiary of Century Pacific Corporation ("Century Pacific").

     In 1993, the Company filed a petition for  reorganization  under Chapter 11
of the  United  States  Bankruptcy  Code (Case No.  B93-05704-PHX-GBN).  Century
Pacific also filed a petition for reorganization  under Chapter 11 of the United
States  Bankruptcy Code. The Bankruptcy  Court confirmed the Company's  modified
plan of reorganization  (the "Plan") on November 27, 1996. Pursuant to the Plan,
the Company's Common Stock previously owned by Century Pacific was exchanged for
two and one-half percent of the post-reorganization Common Stock of the Company.
An additional two and one-half percent of the  post-reorganization  Common Stock
of the Company was distributed  under the Century Pacific plan of reorganization
and the  remaining  ninety-five  percent  was  issued  in  satisfaction  of rent
obligations owing by the Company.

     On March 12, 1997, the Company  changed its name to Creative  Vistas,  Inc.
The Company currently has no operations.

NOTE 2 - Accounting Policies and Procedures

     The unaudited interim consolidated  financial statements have been prepared
in  accordance  with  generally  accepted  accounting   principles  for  interim
financial  information  and with the  instructions  in Item 310(b) of Regulation
S-B. Accordingly,  they do not include all of the information and notes required
by generally accepted accounting  principles for complete financial  statements.
In the  opinion  of  management,  all  adjustments  (consisting  only of  normal
recurring accruals) considered necessary for a fair presentation have been made.
Operating  results  for the  nine-month  period  ended  June  30,  2000  are not
necessarily  indicative  of the results that may be expected for the year ending
September 30, 2000.

     Loss per  share is  calculated  by  dividing  income  available  to  common
stockholders by the weighted average number of common shares outstanding.

     No dividends have been paid since inception.

NOTE 3 - 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 had no operating activities last quarter and has
no current source of revenue.

                                       7
<PAGE>
     Without  realization  of additional  capital,  it would be unlikely for the
Company to  continue  as a going  concern.  The  Company  currently  has limited
expenses other than legal,  accounting and commissions.  It is management's plan
to seek additional  capital through further equity financings and necessary bank
loans.

NOTE 4 - Related Party Transactions

     The Company neither owns nor leases any real or personal  property.  Office
services are provided without charge by an affiliate 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.

                                       8
<PAGE>
ITEM 2. PLAN OF OPERATION

     The Company is in a development stage and has very limited assets, capital,
operating  expenses,  and income.  The costs and  expenses  associated  with the
preparing  and filing of this  Quarterly  Report  have been paid,  and all other
necessary capital prior to locating a business opportunity shall be provided by,
present management with their personal funds or from related parties or entities
as loans to the Company.  The Company anticipates that it will repay these loans
upon the consummation of a business combination.

     The  Company  will seek to acquire  assets or shares of an entity  actively
engaged in a business  that  generates  revenues in exchange  for the  Company's
securities. The Company has not identified a particular business opportunity and
has not entered into any negotiations regarding any business combination.  As of
the  date of  this  registration  statement,  none  of the  Company's  officers,
directors or affiliates  has engaged in any  preliminary  contact or discussions
with a  representative  of any other  company  regarding  the  possibility  of a
business combination between the Company and such business opportunity.

     The  Company  could  incur   significant  legal  and  accounting  costs  in
connection with the consummation of a business combination.

     Depending  upon the nature of the business  opportunity  and the applicable
state statutes governing the manner in which the transaction is structured,  the
Company's  Board of Directors  may not provide the Company's  shareholders  with
disclosure  documentation concerning a business opportunity and/or the structure
of the proposed business combination prior to consummation of such combination.

     In the event the Company  does  provide its  shareholders  with  disclosure
documentation, audited financial statements for the business opportunity may not
be  available.  The  Company's  Board of  Directors  intends  to obtain  certain
assurances  of  the  value  of  the  business   opportunity's  assets  prior  to
consummating the business  combination,  with further assurances that an audited
statement will be provided within sixty days after closing.

     As the  Company  intends  to remain a shell  corporation  until a  business
opportunity is identified,  the Company's cash requirements will be minimal. The
Company  does not  anticipate  that it will  need to raise  capital  in the next
twelve  months.  The  Company  also  does not  expect  to  acquire  any plant or
significant equipment, or to perform any product research and development within
the next year.

     The Company  has no full time  employees.  The Company  does not expect any
significant  changes in the number of  employees.  The  current  officers of the
Company have agreed to allocate a portion of their time to the activities of the
Company without  compensation.  These officers anticipate devoting whatever time
may be reasonably required to the business affairs of the Company.

                                       9
<PAGE>
                          PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

     There are no legal  proceedings  against  the  Company  and the  Company is
unaware of any such proceedings contemplated against it.

ITEM 2. CHANGES IN SECURITIES

     Not applicable.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

     Not applicable.

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

     Not applicable.

ITEM 5. OTHER INFORMATION

     Not applicable.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits

          1.1      Plan of Reorganization                                    *

          1.2      Amended Order Confirming the Plan of Reorganization       *

          3.1      Articles                                                 **

          3.2      By-Laws                                                  **

          27       Financial Data Schedule                                   *

----------
*  filed herewith
** previously filed

     (b)  Reports on Form 8-K

     There were no reports on Form 8-K filed by the Company during the quarter.

                                       10
<PAGE>
SIGNATURES

     In accordance  with the  requirements  of the Exchange Act, the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                        CREATIVE VISTAS, INC.


                                        By: /s/ Rudy R. Miller, President
                                            ------------------------------------
                                            Rudy R. Miller, President

Dated: August 14, 2000


                                       11