UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-QSB

|(Mark One)                                                                            
|--------------------------------------------------------------------------------------
|[X]                                                                                   
|For the quarterly period ended:
    June 30, 2004                                     
|Or                                                                                    
|[  ]                                                                                  
|For the transition period from ____________ to _____________                          
|Commission File Number: 000-33317                                                     
|WORLD WIDE WEB, INC.
(Exact name of registrant as specified in its charter)           
|                                                                                      
|Nevada
(State or other jurisdiction of incorporation or organization)                 
|4850 W. Flamingo Rd. #23
Las Vegas, Nevada
(Address of principal executive offices)   
|                                                                                      
|(702) 240-2120
(Registrant's telephone number, including area code)                   
|                                                                                      
|N/A
(Former name, former address and former fiscal year, if changed since last report)



Indicate by check mark whether the registrant (1) has 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 registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] No [ ]



APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes [ ] No [ ]



APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 3,253,201







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WORLD WIDE WEB, INC.





Table of Contents

|                                                      | Page
|----------------------------------------------------- | ----
|PART I - FINANCIAL INFORMATION                        | 3   
|Item 1. Financial Statements                          |     
|Balance Sheet                                         | 7   
|Statement of Operations                               | 8   
|Statement of Cash Flows                               | 9   
|Notes to Financial Statements                         | 10  
|Item 2. Management's Discussion and Plan of Operation | 12  
|Item 3. Controls and Procedures                       | 13  
|PART II - OTHER INFORMATION                           |     
|Item 2. Changes in Securities                         | 14  
|Item 6. Exhibits                                      | 14  
|SIGNATURES                                            | 15  



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PART I - FINANCIAL INFORMATION

Item 1. Unaudited Financial Statements



The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("Commission").  While these statements reflect all normal recurring adjustments which are, in the opinion of management, necessary for fair presentation of the results of the interim period, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.  For further information, refer to the financial statements and footnotes thereto, which are included in the Company's Annual Report on Form 10-KSB previously filed with the Commission on April 9, 2004, and a subsequent amendment made thereto.



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World Wide Web, Inc.



Balance Sheet

as of

June 30, 2004



and



Statements of Operations

for the Three 
and Six Months Ended

June 30, 2004 and 2003



and



Cash Flows

for the
Six Months Ended

June 30, 2004 and 2003













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TABLE OF CONTENTS









|                                           | Page
|------------------------------------------ | ----
|                                           |     
|                                           |     
|Independent
    Accountants Review Report | 1   
|                                           |     
|Balance Sheet                              | 2   
|                                           |     
|Statements of Operations                   | 3   
|                                           |     
|Statements of Cash Flows                   | 4   
|                                           |     
|Footnotes                                  | 5   





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Beckstead and Watts, LLP

Certified Public Accountants

3340 Wynn Road, Suite B

Las Vegas, NV 89102

702.257.1984

702.362.0540 fax



INDEPENDENT
ACCOUNTANTS' REVIEW  REPORT



Board of Directors

World Wide Web, Inc.



We have reviewed the accompanying balance sheet of World Wide Web, Inc. (a Nevada corporation) as of
June 30, 2004 and the related statements of operations for the three and six
months ended June 30, 2004 and 2003, and statements of cash flows for the
six-months ended June 30, 2004 and 2003.  These financial statements are the responsibility of the Company's management.



We conducted our reviews in accordance with standards established by the
Public Company Accounting Oversight Board (United States).  A review of interim financial information consists principally of applying analytical procedures to financial data, and making inquiries of persons responsible for financial and accounting matters.  It is substantially less in scope than an audit conducted in accordance with generally accepted auditing standards, which will be performed for the full year with the objective of expressing an opinion regarding the financial statements taken as a whole.  Accordingly, we do not express such an opinion.



Based on our reviews, we are not aware of any material modifications that should be made to the accompanying financial statements referred to above for them to be in conformity with generally accepted accounting principles in the United States of America.



The accompanying financial statements have been prepared assuming the Company will continue as a going concern.  As discussed in Note 2 to the financial statements, the Company has
ceased its operations and and is in the process of shifting to a new business
plan.  This raises substantial doubt about its ability to continue as a going concern.  Managements plans in regard to these matters are also described in Note 2.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.



Beckstead and Watts, LLP has previously audited, in accordance with generally accepted auditing
standards established by the Public Company Accounting Oversight Board (United
States), the balance sheet of World Wide Web, Inc. as of December 31, 2003, and the related statements of operations, stockholders equity, and cash flows for the year then ended (not presented herein) and in our report dated March 29, 2004, we expressed an unqualified opinion on those financial statements.



/s/ Beckstead and Watts, LLP



August
16, 2004



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World Wide Web, Inc.

Balance Sheet

(unaudited)



|                                                          | June 30,      
|--------------------------------------------------------- | --------------
|Assets                                                    | 2004          
|                                                          |               
|Current assets:                                           |               
|Cash and equivalents                                      | $28,455       
|Total current assets                                      | 28,455        
|                                                          |               
|Fixed assets, net                                         | 924           
|                                                          |               
|                                                          | $29,379       
|                                                          |               
|Liabilities and Stockholders (Deficit)                   |               
|                                                          |               
|Current liabilities:                                      |               
|Accounts payable
    Accounts payable -
    related party | $268
    1,000
|Payroll
    liabilities                                   | 7,021         
|Accrued executive compensation                            | 72,455        
|Total current liabilities                                 | 80,744        
|                                                          |               
|Stockholders (deficit):                                  |               
|Preferred stock, $.001 par value, 25,000,000 shares       |               
|authorized, no shares issued and outstanding              | -             
|Common stock, $.001 par value, 100,000,000 shares         |               
|authorized, 3,253,201 shares issued and outstanding       | 3,253         
|Additional paid in capital                                | 203,574       
|Accumulated (deficit)                                     | (258,192)     
|                                                          | (51,365)      
|                                                          |               
|                                                          | $29,379       



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



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World Wide Web, Inc.

Statements of Operations

(unaudited)





|                                                                             | Three Months Ended | Six
      Months Ended
|---------------------------------------------------------------------------- | ------------------ | ----------------------
|                                                                             | June 30,           | June 30,              
|                                                                             | 2004               | 2003                  
|                                                                             |                    |                       
|Revenue:                                                                     | $-                 | $-                    
|                                                                             |                    |                       
|Expenses:                                                                    |                    |                       
|General and administrative expenses                                          | 12,401             | 12,971                
|General and administrative expenses  related party                          | -                  | 500                   
|Executive compensation                                                       | 16,242             | 17,486                
|Depreciation                                                                 | 59                 | 20                    
|Total expenses                                                               | 28,702             | 30,977                
|                                                                             |                    |                       
|Other income (expense):                                                      |                    |                       
|Interest income                                                              | 17                 | 231                   
|Interest (expense)                                                           | -                  | (5,034)               
|Impairment
    of investments                                                | (2,000)            | -                     
|Total other income (expense)                                                 | (1,983)            | (4,803)               
|                                                                             |                    |                       
|Net (loss)
    from continuing operations                                    | $(30,685)          | $(35,780)             
|                                                                             |                    |                       
|Discontinued operations:                                                     |                    |                       
|Gain from operations of discontinued
      operations from real estate sales | -                  | 40,598                
|Total other income (expense)                                                 | -                  | 40,598                
|                                                                             |                    |                       
|Net income (loss)                                                            | $(30,685)          | $4,818                
|                                                                             |                    |                       
|Weighted average number of                                                   |                    |                       
|common shares outstanding  basic and fully diluted                          | 3,253,201          | 3,047,784             
|                                                                             |                    |                       
|Net (loss) per share  basic & fully diluted                                 | $(0.01)            | $(0.01)               



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



-8-  F3





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World Wide Web, Inc.

Statements of Cash Flows

(unaudited)



|                                                     | Six
      Months Ended
|---------------------------------------------------- | ----------------------
|                                                     | June 30,              
|                                                     | 2004                  
|Cash flows from operating activities                 |                       
|Net (loss)                                           | $(61,867)             
|Adjustments to reconcile net (loss) to               |                       
|net cash (used) by operating activities:             |                       
|Shares issued for services                           | -                     
|Depreciation                                         | 118                   
|Impairment of investments                            | 2,000                 
|Changes in operating assets and liabilities:         |                       
|(Increase) in
    accounts receivable                | -                     
|Decrease in prepaid expenses                         | 7,500                 
|Decrease
      in inventory                          | -                     
|(Decrease)
      increase in accounts payable        | (5,311)               
|Increase
      in accounts payable - related party   | 1,000                 
|Increase in payroll taxes payable                    | 2,051                 
|Increase
      in accrued executive compensation     | 32,485                
|Net cash
    provided (used) by operating activities | (22,024)              
|                                                     |                       
|Cash flows from
      investing activities           |                       
|Purchase of fixed assets                             | -                     
|Net
      cash (used) by investing activities        | -                     
|                                                     |                       
|Cash flows from financing activities                 |                       
|Issuance of common stock                             | -                     
|Proceeds
    from notes payable  related party      | -                     
|Payments
      from notes payable  related party    | (1,000)               
|Increase in accrued interest payable related party  | -                     
|(Decrease) in mortgage payable                       | -                     
|Increase in subscriptions payable                    | -                     
|Net cash
    (used) by financing activities          | (1,000)               
|                                                     |                       
|Net increase (decrease) in cash and equivalents      | (23,024)              
|Cash and equivalents  beginning                     | 51,479                
|Cash and equivalents  ending                        | $28,455               
|                                                     |                       
|Supplemental disclosures:                            |                       
|Interest paid                                        | $-                    
|Income taxes paid                                    | $-                    



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



-9-  F4





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World
Wide Web, Inc.

Notes





Note
1 - Basis of presentation



The
interim financial statements included herein, presented in accordance with
United States generally accepted accounting principles and stated in US dollars,
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.

These
statements reflect all adjustments, consisting of normal recurring adjustments,
which, in the opinion of management, are necessary for fair presentation of the
information contained therein.  It is suggested that these interim
financial statements be read in conjunction with the financial statements of the
Company for the period ended December 31, 2003 and notes thereto included in the
Company's Form 10-KSB.  The Company follows the same accounting policies in
the preparation of interim reports.

Results
of operations for the interim periods are not indicative of annual results.



Note
2 - Going concern



The
accompanying financial statements have been prepared assuming the Company will
continue as a going concern.  As shown in the accompanying financial
statements, the Company has incurred a net loss of $52,367 for the six month
period ended June 30, 2004, and had no revenue.  The future of the Company
is dependent upon its ability to obtain financing and upon future profitable
operations from the development of its new business opportunities.  Management
has plans to seek additional capital through private placements and public
offerings of its common stock.  The financial statements do not include any
adjustments relating to the recoverability and classification of recorded
assets, or the amounts of and classification of liabilities that might be
necessary in the event the Company cannot continue in existence.



These
conditions raise substantial doubt about the Company's ability to continue as a
going concern.  These financial statements do not include any adjustments
that might arise from this uncertainty.



Note
3 - Fixed assets



Computer
equipment as of June 30, 2004 consisted of the following:



|Computers                      |  | $   1,180       
|------------------------------ |  | ----------------
|Accumulated
      depreciation |  | (256)           
|                               |  | $
           924



During
the six months ended June 30, 2004, the Company recorded depreciation expense of
$118.



Note
4 - Notes payable - related party



In
July 2003, the Company received $1,000 from Sider Family, LP, an entity
controlled by the president of the Company.  This note is due upon demand
and bears no interest.  During the six months ended June 30, 2004, the
Company paid a total of $1,000 to Sider Family, LP and as of June 30, 2004, the
balance is $0.



-10-  F5



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World
Wide Web, Inc.

Notes







Note
5 - Accrued executive compensation



On
January 2, 2003, the Company entered into an employment agreement with its
president for a term of two years with a base salary of $64,970 per year.  The
president is eligible for incentive bonuses based on the profitability of the
Company at a minimum of 10% of annual salary and a maximum of 100% of annual
salary.  The president also received a car allowance of $500 per month.
 As of June 30, 2004, 2003, the Company owes the president $72,455 for
salary, which is reflected in accrued executive compensation, and $1,000 for his
car allowance, which is reflected in accounts payable - related party.  As
of June 30, 2004, the president will continue to work for the Company, but he
will no longer receive any additional accrued compensation or car allowance from
the Company.



Note
6 - Stockholders' equity (deficit)



On
February 17, 2004, the Company effectuated a 1-for-2 reverse stock split for all
shareholders as of that date.  All share and per share amounts have been
retroactively restated to reflect the 1-for-2 reverse stock split.



The
Company is authorized to issue 100,000,000 shares of $0.001 par value common
stock and 25,000,000 shares of $0.001 par value preferred stock.



As
of June 30, 2004, there have been no other issuances of common stock and/or
preferred stock.



Note
7 - Mergers and acquisitions



During
the six month ended June 30, 2004, the Company abandoned its plans to merge with
Chirp Technologies, Inc.



On
July 15, 2004, the Company entered into a Memorandum of Understanding (MOU) with
CityCaps Information Technology Co., Ltd. (CCIT), a private company operating in
the People's Republic of China.  According to the terms of the MOU, the
Company agreed to issue 8,000,000 shares of its $0.001 par value common stock in
exchange for 100% of CCIT.  As a result of the share exchange, CCIT will
become a wholly owned subsidiary of the Company.  The 8,000,000 shares of
the Company's $0.001 par value common stock will be distributed on a pro-rata
basis to the shareholders of CCIT.  Currently, two officers and directors
of the Company own approximately 36% of CCIT.  In addition, CCIT will
receive an additional 2,000,000 shares of the Company's $0.001 par value
common stock which will remain with CCIT without subsequent distribution.  On
August 16, 2004, the Company signed the acquisition agreement with CCIT and CCIT
is now a wholly owned subsidiary of the Company.



Note
8 - Related party transactions



Office
services are provided without charge by an officer, director and shareholder.
 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.





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Item 2. Management's Discussion and Plan of Operation



Forward-Looking Statements



This Quarterly Report contains forward-looking statements about World Wide Web, Inc.'s business, financial condition and prospects that reflect management's assumptions and beliefs based on information currently available.  We can give no assurance that the expectations indicated by such forward-looking statements will be realized.  If any of our managements assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize,
WWWs actual results may differ materially from those indicated by the forward-looking statements.



The key factors that are not within our control and that may have a direct bearing on operating results include, but are not limited to, acceptance of our services, our ability to expand our customer base, managements ability to raise capital in the future, the retention of key employees and changes in the regulation of our industry.



There may be other risks and circumstances that management may be unable to predict.  When used in this Quarterly Report, words such as, "believes," "expects," "intends," "plans," "anticipates," "estimates"and similar expressions are intended to identify forward-looking statements, as defined in Section 21E of the Securities Exchange Act of 1934, although there may be certain forward-looking statements not accompanied by such expressions.



The safe harbors of forward-looking statements provided by Section 21E of the Exchange Act are unavailable to issuers of penny stock.  As we issued securities at a price below $5.00 per share, our shares are considered penny stock and such safe harbors set forth under the Reform Act are unavailable to us.



Results of operations for the three months ended
June 30, 2004 and 2003



WWW formerly had a primary business plan to provide a wide variety of products at price points lower than typically found through retail outlets via the Internet.  During 2003, we changed our primary business focus on purchasing distressed real estate properties for resale in the Las Vegas, Nevada market and surrounding communities.  However, at the end of 2003, we again changed our business plan from real estate sales to logistics and asset tracking for mobile assets.



We did not generate any revenue for the three
and six month period ended
June 30, 2004.



Total expenses were
$28,702 for the third quarter of 2004, consisting mainly of general and administrative expenses, which aggregated
$28,702, of which $16,242 was paid as executive compensation.  In contrast, total expenses during the quarter ended
June 30, 2003 were $30,977, of which $17,486 was paid as executive compensation.  During the three months ended
June 30, 2004, we experienced total other expenses of $1,983, consisting
consisting mainly from an impairment of investments.  During the period ended
June 30, 2003, we had total other expenses of $4,803, which consisted of $231 in interest
income and  interest expense of $5,034.



As a result of the foregoing, we experienced a net loss from operations of
$30,685 for the three months ended
June 30, 2004 compared to a net gain of $4,818 for the same period in 2003.



Cash used by operating activities during the
six month period ended
June 30, 2004 was $22,024, which can be attributed to a $5,311 decrease in accounts payable,
$118 of depreciation and an increase of $2,051 in payroll taxes payable.  Comparatively, operating activities
provided $79,150 in cash during the same period ended
June 30, 2003, affected by $54,000 in shares issued for services, an decrease of
$133,341 in inventory, a increase in accounts payable of $383 and a $1,242 increase in payroll taxes payable.



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Financing activities
used cash in the amount of $1,000 during the six-month period ended
June 30, 2004, for a decrease in a related party note payable in the amount of $1,000.  During the
six  months ended
June 30, 2003, cash flows from financing activities provided $30,112, attributed to $500,000 from an increase in notes payable to a related party,
$18,017 from an increase in accrued interest payable to a related party, a decrease of $405 in mortgage payable and an increase of $12,500 in subscriptions payable.



Current assets, consisting of cash and cash equivalents and prepaid expenses aggregated
$28,455 as of
June 30, 2004.  Our current assets are insufficient to satisfy our current liabilities of
$80,744.  The future of the Company is dependent upon its ability to obtain
financing and upon future profitable operations from the development of its new
business opportunities.  Management has plans to seek additional capital
through private placements and public offerings of its common stock.



Item 3. Controls and Procedures



Within 90 days prior to the date of filing of this report, we carried out an evaluation, under the supervision and with the participation of our management, including the Chief Executive Officer,
and the Chief Financial Officer, of the design and operation of our disclosure controls and procedures.  Based on this evaluation, our
CEO and CFO concluded that our disclosure controls and procedures are effective for gathering, analyzing and disclosing the information we are required to disclose in the reports we file under the Securities Exchange Act of 1934, within the time periods specified in the SECs rules and forms.  There have been no significant changes in our internal controls or in other factors that could significantly affect internal controls subsequent to the date of this evaluation.



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PART II - OTHER INFORMATION

Item
5. Other Information





On July 15, 2004, the Company entered into a Memorandum of Understanding (MOU)
with CityCaps Information Technology Co., Ltd. (CCIT), a private company
operating in the People's Republic of China.  According to the terms of the
MOU, the Company agreed to issue 8,000,000 shares of its $0.001 par value common
stock in exchange for 100% of CCIT.  As a result of the share exchange,
CCIT will become a wholly owned subsidiary of the Company.  The 8,000,000
shares of the Company's $0.001 par value common stock will be distributed on a
pro-rata basis to the shareholders of CCIT.  Currently, two officers and
directors of the Company own approximately 36% of CCIT.  In addition, CCIT
will receive an additional 2,000,000 shares of the Company's $0.001 par value
common stock which will remain with CCIT without subsequent distribution.  On
August 16, 2004, the Company signed the acquisition agreement with CCIT and CCIT
is now a wholly owned subsidiary of the Company.



CCIT was established in Shanghai, Peoples Republic of China (PRC) by foreign
individuals as a wholly owned foreign enterprise on December 16, 2003. CCIT was
classified as a Foreign Invested Enterprise (FIE) in the PRC and is subject to
the FIE laws of the PRC. CCIT is a Chinese registered limited liability company
with a legal structure similar to a regular corporation and a limited liability
company organized under state laws in the United States of America. The Articles
of Association provides for a 20 year term with registered capital of
approximately $140,000.



CCIT principally engages in the software development in location based
applications, providing software license and services in mobile resource
management, logistics applications, and asset tracking and monitoring using a
wireless communication net work. Also, CCIT integrates mobile technology,
wireless data communication, GIS (Geography Information System) technology, and
internet support to provide customers with all levels of complete, accurate
end-to-end mobile management services and logistic solutions.



As of June 30, 2004, CCIT was owned 71.57% by Mr. Henry Liu and 28.43% by Mr.
Xinnong Yang.  On July 15, 2004, Mr. Michael Zuliani and Mr. Herb Sider as
foreign individuals acquired 35.73% of the ownership in CCIT from Mr. Henry Liu
and Mr. Xinnong for US$50,000.





Item 6. Exhibits



|Exhibit Number | Name and/or Identification of Exhibit                                             
|-------------- | ----------------------------------------------------------------------------------
|               |                                                                                   
|3              | Articles of Incorporation & By-Laws                                               
|               | (a) Articles of Incorporation of the Company.*                                    
|               | (b) By-Laws of the Company.*                                                      
|               |                                                                                   
|31             | Rule 13a-14(a)/15d-14(a) Certifications                                           
|               |                                                                                   
|32             | Certification under Section 906 of the Sarbanes-Oxley Act (18 U.S.C. Section 1350)
|               |                                                                                   

* Incorporated by reference to the exhibits to the Companys General Form for Registration of Securities of Small Business Issuers on Form 10-SB, and amendments thereto, previously filed with the Commission.





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SIGNATURES



Pursuant to 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 hereunto duly authorized.





|WORLD WIDE WEB, INC.     
|-------------------------
|(Registrant)             
|                         
|By: /s/ Mike Zuliani     
|Mike Zuliani             
|CEO                      
|                         
|Date:
    August 17, 2004





































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