U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 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, 2001


                           Commission File No: 0-30583


                           THAON COMMUNICATIONS, INC.
                           --------------------------
        (Exact Name of small business issuer as Specified in its Charter)


         Nevada                                       87-0622329
------------------------------------       -----------------------------------
(State or Other Jurisdiction of            (I.R.S. Employer Identification No.)
 Incorporation)

        1543 West Olympic Boulevard, Sixth Floor, Los Angeles, Ca. 90015
        -----------------------------------------------------------------
               (Address of Principal Executive Office) (Zip Code)

                                 (213) 252-7050
                 ----------------------------------------------
                 Issuer's Telephone Number, Including Area Code


Indicate by check mark  whether the issuer (1) filed all reports  required to be
filed by Section 13 or 15 (d) of the Exchange Act during the past twelve  months
(or for such  shorter  periods  that the  registrant  was  required to file such
reports)  and (2) has been  subject  to such  filing  requirements  for the past
ninety days.

                  Yes      X                               No
                      --------------                          --------------

The number of shares of issuers Common Stock, par value .001,  outstanding as of
March 31, 2001 was 59,291,000 shares.
                                        1
<PAGE>


                                     PART I
                              FINANCIAL INFORMATION


Item 1            Financial Statements.
                  See Attached.
                                       2
<PAGE>


                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
                           CONSOLIDATED BALANCE SHEETS
                                 MARCH 31, 2001
                                   (UNAUDITED)


                                     ASSETS
                                     ------
CURRENT ASSETS:
         Cash & cash equivalent                                    $    118,237
         Media receivable, net                                        2,096,293
         Prepaid expenses                                                37,146
         Prepaid media expenses                                         580,908
         Note receivable - related parties                              910,043
         Other current assets                                            10,782
                                                                   ------------
                       Total current assets                           3,753,409

PROPERTY AND EQUIPMENT, net                                             738,954

OTHER ASSETS:
         Note receivable - Others                                       319,154
         Goodwill, net                                                5,773,961
         Deposits                                                        33,322
                                                                   ------------
                                                                   $ 10,618,800
                                                                   ============


           LIABILITIES AND STOCKHOLDERS' EQUITY
           ------------------------------------

CURRENT LIABILITIES:
         Accounts payable                                          $    299,264
         Accrued expenses                                               208,020
         Media payable                                                3,209,821
         Deferred media revenue                                       1,294,063
         Note payable-current                                           181,115
         Customers Credits                                              370,593
                                                                   ------------
                       Total current liabilities                      5,562,876

Note Payable - Long term                                                136,385

COMMITMENTS

STOCKHOLDERS' EQUITY
         Class A convertible preferred stock, $1 par value;
         authorized shares, 25,000,000; issued
         and outstanding shares, 2,000,000                            2,000,000
         Common stock, $.001 par value;
         Authorized shares 100,000,000; issued and outstanding
         59,291,000                                                      59,905
         Additional paid in capital                                   4,547,609
         Advance subscription                                           422,781
         Accumulated deficit                                         (2,110,756)
                                                                   ------------
                       Total stockholders' equity                     4,919,539

                                                                   ------------
                                                                   $ 10,618,800
                                                                   ============

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

                                       3
<PAGE>


                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
                      CONSOLIDATED STATEMENTS OF OPERATIONS
            FOR THE THREE MONTH PERIODS ENDED MARCH 31, 2001 AND 2000
                                   (UNAUDITED)

                                                       2001            2000
                                                   ------------    ------------

Net revenue                                        $  9,300,561    $      1,500

Cost of revenues                                      8,547,570            --
                                                   ------------    ------------

Gross profit                                            752,991           1,500

Operating expenses                                    1,098,187         274,731
                                                   ------------    ------------

Loss from Operations                                   (345,196)       (273,231)

Non-Operating Income (expense):
           Interest expense                              (5,087)           --
           Other                                          1,211            --
                                                   ------------    ------------
           Total non-operating income (expense)          (3,876)           --

Loss before income taxes                               (349,072)       (273,231)

Provision for income taxes                                2,400             800

                                                   ------------    ------------
Net Loss                                           $   (351,472)   $   (274,031)
                                                   ============    ============

Basic weighted average number of
                                                   ------------    ------------
    common stock outstanding*                        57,256,479      55,281,000
                                                   ============    ============

Basic net Loss per share                           $      (0.01)   $     (0.005)
                                                   ============    ============

Diluted weighted average number of
                                                   ------------    ------------
    common stock outstanding*                        57,369,834       2,476,068
                                                   ============    ============

Diluted net Loss per share                         $      (0.01)   $      (0.11)
                                                   ============    ============

* The Basic and diluted weighted average number of common stock outstanding have
been adjusted  retroactively to effect  recapitalization  upon reverse merger on
December  31,  1999 and  forward  stock split of 3:1 on July 25, 2000 and 2:1 on
November 20, 2000.

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


                                       4
<PAGE>

<TABLE>
<CAPTION>

                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
            FOR THE THREE MONTH PERIODS ENDED MARCH 31, 2001 AND 2000
                                   (UNAUDITED)

                                                                                  2001                     2000
                                                                                ---------               ---------
 CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                                             <C>                     <C>
          Net Loss                                                              $(351,472)              $(274,031)
          Adjustments to reconcile net loss to net cash used in
          operating activities:
                     Depreciation and amortization                                146,004                  18,777
                     (Increase) / decrease in current assets:
                               Media receivable                                  (382,443)                   --
                               Prepaid expenses                                    (4,182)                 18,566
                               Prepaid media expenses                            (203,966)                   --
                               Deposits                                              --                    69,922
                               Other assets                                           447                     119
                     Increase / (decrease) in current liabilities:
                               Accounts payable                                    46,612                    --
                               Accrued expenses                                    33,065                  26,215
                               Media payable                                      (18,874)                   --
                               Deferred media revenue                             295,191                    --
                               Customers Credits                                   89,101                    --
                                                                                ---------               ---------
                     Net cash used in operating activities                       (350,517)               (140,432)
                                                                                ---------               ---------

CASH FLOWS FROM INVESTING ACTIVITIES
                     Increase in note receivable                                 (129,061)                   --
                     Acquisition of property & equipment                          (25,956)               (276,057)
                                                                                ---------               ---------
                     Net cash used in investing activities                       (155,017)               (276,057)
                                                                                ---------               ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
                     Net proceeds from Loans                                       52,178                 635,000
                     Proceeds from sale of common stock                           539,514                    --
                     Advance subscription                                            --                      --
                                                                                ---------               ---------
                     Net cash provided by financing activities                    591,692                 635,000
                                                                                ---------               ---------

NET INCREASE IN CASH & CASH EQUIVALENT                                             86,158                 218,511

CASH & CASH EQUIVALENT, BEGINNING BALANCE                                          32,079                 130,943
                                                                                ---------               ---------

CASH & CASH EQUIVALENT, ENDING BALANCE                                          $ 118,237               $ 349,454
                                                                                =========               =========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

Income taxes paid                                                                   7,000                    --
                                                                                =========               =========

Interest paid                                                                       3,710                    --
                                                                                =========               =========
</TABLE>
              The accompanying notes are an integral part of these
                       consolidated financial statements.


                                       5
<PAGE>

                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                             MARCH 31, 2001 AND 2000

1.     DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

The Company was originally  incorporated  under the name  Engineering  Services,
Inc. ( a Nevada Corporation),  on July 13, 1984. The Company changed its name to
Deep Earth, Inc. in November, of 1998. The Company was originally engaged in the
activity of seeking and developing mining properties and has been inactive after
1991, and became  essentially a dormant shell without assets or liabilities.  On
November 29, 1999, the Company changed its name to Castpro.com, Inc. On December
31,  1999,  the  Company  entered  into a stock for stock  exchange,  whereby it
acquired  all of the stock of  Castpro.com,  LLC, a newly  organized  California
corporation  formed  to  conduct  the web cast  business,  in  exchange  for the
issuance of 8,000,000  additional  shares of its Common  Stock.  On December 29,
2000, the Company entered into a stock for stock  exchange,  whereby it acquired
all of the outstanding stock of Prime Time Media Solutions,  a Texas corporation
(PTS) doing  business of acquiring and selling media time. On November 27, 2000,
the Company  changed its name to Thaon  Communication,  Inc. Prior to October 1,
2000, the Company was a development stage company.

Quinntal,  International  (California  Incorporated)  was formed on January  12,
1999. Quinntal,  International  changed its name to CASTPRO.COM,  LLC ("LLC") on
August 6, 1999.  The LLC is a provider  of live,  on-location  digital  web cast
productions for corporations  and major event marketers.  The LLC specializes in
streaming media production of concerts, tradeshows,  interviews, sporting events
and  movie   premiers.   The  LLC  also   produces   streaming   media  for  key
business-related  events  such  as  shareholders  meetings,  press  release  and
earnings announcements, product launches and training sessions.

PTS was formed on May 23, 1996. PTS is a diversified media company  specializing
in reaching targeted  audiences.  PTS buys media time from various  broadcasting
networks and sells to its clients.  PTS markets products and services,  which it
develops,  licenses  exclusively  or distributes  for third  parties,  utilizing
network and cable television, radio, newspapers, magazines, and the Internet.


2.       PRINCIPLES OF CONSOLIDATION

The   Consolidated   Financial   Statements   include  the   accounts  of  Thaon
Communication, Inc. and its wholly owned subsidiaries CASTPRO.COM, LLC and Prime
Time Media Solutions.  All significant  inter-company  transactions and balances
have been eliminated for the year ended December 31, 2000 and 1999.


                                       6
<PAGE>



                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                             MARCH 31, 2001 AND 2000

3.     STOCKHOLDERS' EQUITY

Stock Split

On July 14,  2000,  the Board of  Directors  of the  Company  declared a 3 for 1
forward stock split of the Company's  common stock,  effective July 21, 2000 for
shareholders  of record on July 17,  2000.  On November  20,  2000,  the Company
effected a 2-for-1  stock split of its common stock and  increased the number of
authorized  shares  to  100,000,000.  All  share  and per  share  data have been
retroactively  restated to reflect these stock split,  change in the  authorized
shares.

Preferred Stock

On November 28, 2000, the Company  amended its Certificate of  Incorporation  to
provide for the issuance of preferred stock. The Company is authorized to issued
25,000,000  shares of Preferred  stock of $1 par value.  In connection  with the
acquisitions of PTS, the Company issued 2,000,000 shares of series A convertible
preferred  stock of the  Company.  The Company  also placed in escrow  1,000,000
shares of series A convertible  preferred stock which are deliverable subject to
attainment  of at least a specific  gross  revenue and pre tax net income target
for the year ended  December 31, 2001 by PTS. The Class A convertible  Preferred
stock shall be entitled to receive 6% per annum  dividend,  in preference to any
other class.  Class A convertible  Preferred  stock shall,  at the option of the
holder thereof,  be convertible into fully paid share of common stock,  equal to
the par value of the Class A convertible  Preferred  stock being  converted plus
accrued and unpaid  dividends,  divided by 95% of the market price of the common
stock.  The Class A  convertible  Preferred  stock  shall be  redeemable  by the
corporation at any time at the rate of $1.00 plus accrued and unpaid  dividends.
Upon receipt of notice of redemption,  the holders of preferred  stock will have
30 days to convert Class A convertible Preferred stock into common stock.

Common stock

On December  31, 1999,  the company  entered  into a Share  Exchange  Agreement,
whereby it acquired 400 shares of the common stock of LLC  representing  100% of
the LLC's outstanding  common stock,  from the LLC shareholders,  in exchange of
the issuance by the Company to the LLC Shareholders of 48,000,000  shares of the
Company's Common Stock.

In 1999, the Company  issued a total of 4,950,000  shares of its common stock to
two of the Company's creditors,  in exchange for the cancellation of $825,000 in
principal and accrued interest owed by the Company to said entities.

                                       7
<PAGE>

                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                             MARCH 31, 2001 AND 2000

In 2000, the Company  issued a total of 3,810,000  shares of its common stock to
the  Company's  creditors,  in  exchange  for the  cancellation  of  $635,000 in
principal and accrued interest owed by the Company to said creditors.

In 2000,  the Company  issued a total of 200,000 shares of its common stock to a
consultant against the consulting fees of $100,000.

In the three month  period  ended March 31,  2001,  the Company  issued  675,000
shares for $539,514.

Advance Subscriptions

As  of  December  31,  2000,  the  Company  has  received  $422,781  in  advance
subscription for 94,114 common shares to be issued subsequent to the year end.


4.     ACQUISITION

On December 29, 2000, the Company  acquired all of the outstanding  stock of PTS
(a Texas  Corporation) in exchange for 2,000,000  shares of series A convertible
preferred  stock of the  Company.  The Company  also placed in escrow  1,000,000
shares of series A convertible  preferred stock which are deliverable subject to
attainment  of at least a specific  gross  revenue and pre tax net income target
for the year ended  December 31, 2001 by PTS. The preferred  stock was valued at
$2.25 per share  which  approximates  the per share  market  price of the common
stock of the Company at the time of  acquisition.  The acquisition was accounted
for by the purchase  method of accounting.  The results of operations of PTS and
the estimated fair value of assets acquired and liabilities assumed are included
in the  financial  statements  from the date of  acquisition.  The  Company  has
allocated the excess  purchase price over the fair value of net tangible  assets
acquired to goodwill amounting $5,871,861.  The goodwill is being amortized over
15 year period.  Total accumulated  amortization for goodwill on March 31, 2001,
amounted to $97,900.


5.       SUBSEQUENT EVENT

On April  10,  2001,  the  Company  consummated  the  acquisition  of all of the
outstanding stock of Legal Broadcast Company in exchange for 1,000,000 shares of
Series B convertible  preferred stock. LBC provides law firms,  corporations and
insurance companies with quality,  consistency, and reliability in the creation,
review, storage, and presentation of video, particularly the video documentation
and storage of legal depositions. LBC offers products that utilize cost and time
saving  technologies that provide real time interactivity and allow attorneys to
view legal events such as  depositions,  hearings,  and trials remotely over the
Internet.


                                       8
<PAGE>



                           THAON COMMUNICATIONS, INC.
                          (FORMERLY, CASTPRO.COM, INC.)
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                             MARCH 31, 2001 AND 2000


6.      BASIS OF PREPARATION

The accompanying  unaudited condensed  consolidated interim financial statements
have  been  prepared  in  accordance  with  the  rules  and  regulations  of the
Securities and Exchange  Commission for the  presentation  of interim  financial
information,  but do not include all the information  and footnotes  required by
generally accepted accounting principles for complete financial statements.  The
audited  consolidated  financial statements for the two years ended December 31,
2000 was filed on April 5, 2001 with the Securities and Exchange  Commission and
is hereby referenced.  In the opinion of management,  all adjustments considered
necessary for a fair presentation have been included.  Operating results for the
three-month  period ended March 31, 2001 are not  necessarily  indicative of the
results that may be expected for the year ended December 31, 2001.


                                       9
<PAGE>

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


                      MANAGEMENT'S DISCUSSION AND ANALYSIS
                OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Management's  discussion  and analysis  should be read in  conjunction  with the
Company's financial statements and the notes thereto.

MANAGEMENTS  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION  AND RESULTS OF
OPERATIONS GENERAL

Thaon Communications,  Inc. is a holding company structured to take advantage of
emerging  opportunities as a result of the  implementation  of new technology in
the worldwide  communications  industry.  Thaon's corporate family is based on a
business  model that  joins the  strength  of high  revenue  companies  with the
development  of advanced  technologies  that can be  practically  applied in the
marketplace.  This  structure has a tangible  effect on future growth and should
positively  affect  earnings as the  technology is introduced  into the existing
business stream. Thaon's two wholly owned subsidiaries are CastPro.com and Prime
Time Media Solutions:

CastPro  provides Live  Webcasting and Video On Demand (V.O.D.)  services.  Its'
mobile  production  units (MPU) utilize Remote  Wireless  Webcasting  Technology
(RWWT) that reduce the cost and time of delivery for on-location live web casts.
The company currently  maintains two MPU's, as well as a live digital production
studio and professional  editing suite in downtown Los Angeles,  California with
wireless  footprints  throughout  L.A. and also in Las Vegas.  Satellite  access
through  partnerships with satellite  providers are available to provide broader
live coverage when needed;

 Prime Time Media Solutions is a television  media planning and placement agency
company  located in San Luis Obispo,  California.  Prime Time provides both long
form and short form television advertising placement for their customers.  Prime
Time  offers a broad  range  of  consulting  services  for  optimum  advertising
placement of their  clients  media.  Prime Time has  developed  several in house
analysis tools to continuously monitor media placement services offered, thereby
allowing for the timely adjustments to media campaigns to optimize results.

RESULTS OF OPERATIONS The following  sections  discuss the results of operations
for the first quarter ended March 31, 2001 compared to the results of operations
for the first quarter ended March 31, 2000.

FIRST  QUARTER 2001 vs. FIRST  QUARTER  2000.  Net sales for first quarter ended
March 31,2001 were $9,300,560 versus $1,500 in sales for the first quarter ended
March  31,2000.  Gross Profit for the first quarter ended March 31, 2001 totaled
$752,991  vs. zero for the quarter  ended  March  31,2000.  The net loss for the
quarter ended March 31,2001 was $345,196  compared to a net loss of $273,231 for
the first quarter ended March  31,2000.  The net losses can be  attributable  to
increased overhead and start up expenses associated with the developmental stage
period of CastPro.com,  in addition to moving expenses  related to the corporate
headquarters  move to downtown Los Angeles where the CastPro  studio is located,
higher  auditing costs  associated  with auditing the books and records of Prime
Time Media  Solutions  following the  acquisition and higher design and printing
expenses for the company's annual report to  shareholders.  On a per share basis
the net operating loss  attributable  common stock was $.01 at March 31, 2001 as
compared to $.11 at March 31,2000.

LIQUIDITY AND CAPITAL RESOURCES

As of March  31,  2001,  Thaon had  $118,237  in cash and cash  equivalents,  an
increase of $86,158 from the balance at December 31, 2000. Media  Receivables at
March 31,2001 totaled $2,096,293  compared to $1,713,850 at December 31,2000, an
increase of $382,443 during the quarter. During the three months ended March 31,
2001,  Thaon  experienced  negative  cash  flow  from  operating  activities  of
$350,517.  The net loss for the quarter of $351,472 was partially  offset by net
loan  proceeds of $52,178 and  proceeds  from the sale of the  company's  common
stock, on a private  placement basis of $539,692.  The company used $155,017 for
investing activities,  primarily in fixed assets, consisting of state of the art
webcasting  production  equipment and additional  equipment for the two state of
the art mobile  production units for remote,  on location  webcasting.  Accounts
receivable at March 31,2001  consist  mainly of media  receivables of Prime Time
Media  Solutions.  Prepaid  media  expenses of $580,908  and Note  receivable  -

                                       10
<PAGE>

related  parties of $910,043  are related to Prime Time.  The Note  receivable -
related parties is secured by inventory of a related company, which inventory is
valued,  on a lower of cost or market,  equivalent to the note amount.  Property
and Equipment of $738,954 at March 31,2001  compares to $761,102 at December 31,
2000 and consists of computer equipment, office equipment and webcast production
equipment  as  discussed  above.  It is  not  anticipated  that  future  capital
expenditures  will increase  substantially.  Net receivable - Others of $319,154
consists of a note issued by a client of Prime Time for services  performed  and
is  deemed  collectable  in full.  Goodwill  of  $5,773,961  is a result  of the
acquisition of Prime Time Media Solutions and represents the difference  between
the cost of the company  acquired and the net assets at the time of acquisition.
Thaon issued 2,000,000 shares of Class A convertible  preferred stock, $1.00 par
value,  for the acquisition,  with an additional  1,000,000  shares,  held in an
escrow account,  to be issued upon Prime Time achieving  certain operating goals
in the year 2001.  Approximately  $2,500,000 in the goodwill account  represents
the difference in par value of the Class A convertible  preferred  stock and the
market value of Thaon at the time of the  acquisition.  Thaon  believes that the
goodwill number has value since Prime Time  operations  contributed in excess of
$27,000,000  in revenue and profits of $681,000 to the company in the year 2000,
and  $9,300,561 in revenue and profits of $264,772 in the first  quarter  2001..
The deficit  working  capital  position,  which improved by $218,999  during the
quarter will be addressed by operating  profits in addition to private placement
of Thaon common stock should  management  feel it necessary to raise  additional
capital.


                                       11
<PAGE>

                                OTHER INFORMATION

Item 1.           Legal Proceedings.
                  None.

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.
                  None.

Item 5.           Other Information.
                  Not Applicable

                                       12
<PAGE>


Item 6.           Exhibit and Reports on Form 8-K

A.       Exhibits:
                           None.
B.       Reports on Form 8-K:

                                  Document Item

                           8K 02/07/01                        5
                           8K 03/16/01                        4
                           8KA 03/23/01                       4
                           8KA2 03/28/01                      4
                           8K 04/20/01                        5
                           8KA 04/22/01                       5
                           8KA 04/24/01                       5
                           8KA 05/03/01                       7

                                       13
<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.

                           THAON COMMUNICATIONS, INC.
                           --------------------------
                                   Registrant
                                   ----------




Date:    May 15, 2001      By:  /S/ Robert McNeill
                                ------------------
                                    Robert McNeill, Chief Financial Officer

                                        14
<PAGE>