U.S. SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C.  20549

                             FORM 10-KSB

[X] Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934

For the fiscal year ended December 31, 2000    Commission File No. 333-96257

[  ] Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934

     For the transition period from           to           .

                        POWER MARKETING, INC.
            (Name of small business issuer in its charter)

           Delaware                                       13-3851304
     State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization                     Identification No.)

    311 South State Street, Suite 460, Salt Lake City, Utah 84111
         (Address of principal executive offices)  (zip code)

Issuer's telephone number, including area code:  (801) 364-9262

Securities registered under Section 12(b) of the Exchange Act:  None

Securities registered under Section 12(g) of the Act:  None

Check whether the Issuer (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 Issuer was required
to file such reports)
                                                 Yes   X      No

and (2) has been subject to such filing requirements for the past 90 days.

                                                 Yes   X      No

Check if no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is contained in this form, and no disclosure will be contained,
to the best of the Issuer's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. (Not applicable)                  [   ]

The Issuer's revenues for its most recent fiscal year.    $      0.00

As of March 20, 2001, the aggregate market value of voting stock held by
non-affiliates was approximately $128,212

The number of shares outstanding of the Issuer's common stock at December 31,
2000: 1,250,000

<PAGE>

                                PART I

ITEM 1.   DESCRIPTION OF BUSINESS

     (A)  BUSINESS DEVELOPMENT.

     Power Marketing, Inc., a development stage company, was incorporated
under the laws of the State of Delaware on August 1, 1995.  In connection with
its organization, the founder contributed $28,500 cash to initially capitalize
Power Marketing in exchange for 950,000 shares of common stock.

     On September 19, 1995, Power Marketing commenced a public offering in
reliance upon Rule 504 of Regulation D, promulgated by the U.S. Securities &
Exchange Commission under the Securities Act of 1933.  50,000 shares of common
stock were offered and sold and the offering closed in October, 1995.

     Power Marketing was initially formed to engage in the infomercial
business marketing hair products.  This business was not successful and
operations were eventually discontinued.  In November-December, 1999,
management of Power Marketing decided to engage in the business of wine
investing, and raised additional capital for this purpose.  Power Marketing
sold 250,000 shares of common stock in a non public offering, at $.20 per
share, and raised gross proceeds of $50,000. This increased the total issued
and outstanding common stock to 1,250,000 shares.

     The Company then registered a public offering of its securities.  Power
Marketing declared a distribution of 1,250,000 common stock purchase warrants
to shareholders of record as of July 10, 2000.  The Company filed with the
Securities and Exchange Commission a registration statement on Form SB-2,
which became effective June 22, 2000.  Pursuant thereto the Company then
distributed 1,250,000 warrants.  The warrants are exercisable at $1.00 per
share, on or before June 30, 2002.

     (B)  BUSINESS OF COMPANY.

      Power Marketing intends to take advantage of what management believes
is a money making opportunity that can be realized through buying, selling and
investing in select vintages of wines. Management's beliefs are based in part
on information in publications like an August 16, 1995 article in Las Vegas
Review Journal and an article in the May, 1995 issue of Inc. magazine. The
philosophy is simple; buy California's and France's premier red wines when
they are first released and hold them for investment, appreciation and later
resale, then sell the wines after a 12 to 24 month period. Based on advice of
our supplier, management believes, but cannot assure that the appreciation of
the wines will generally be greatest within this period.  We will then take
any proceeds from investment, roll it over, and reinvest in the next release
of the wines.  We also invest in select vintages of champagne and other
sparkling wines which our supplier has advised us are top ranked, such as 1990
Dom Perignon, and will hold them for investment, appreciation
<PAGE>
and later resale whenever aging and anticipation of demand results in an
increase in value sufficient to realize a good return on investment.

     Power Marketing intends to purchase the actual wines directly from
suppliers rather than purchasing futures contracts, and will not be purchasing
futures contracts. Management surveyed wine suppliers on the Internet and is
aware of companies that supply wines for various purposes including
investment, from which Power Marketing acquires the wines it holds for
investment.  These companies conduct research regarding the world's top wines
and will provide educated recommendations to management about the specific
wines that can be purchased for investment and are likely to appreciate in
value over time.  These companies buy and sell wines held for investment from
collectors and charge a commission of 10% to 15% for the services.  They also
typically provide for a fee suitable temperature controlled storage facilities
in which to keep the wines while they age.  Power Marketing intends to
purchase and hold the wines for investment appreciation and eventual resale
rather than selling wines on a retail basis.

     Wine investing, or using wines as an investment vehicle, is based on the
principle of aging. The wine-making process is accomplished by allowing the
juice of perfectly ripe grapes to ferment over time. Fermentation is effected
over time periods varying from days to weeks or even longer. During
fermentation, the wine is not bottled or released for sale to the public, but
is stored in wooden barrels or other fermentation vats or tanks. Generally,
fermentation continues until all sugar in the juice has been converted to
alcohol. Even after fermentation and the wine has been bottled and released
for sale to the public, some wines are believed by professional connoisseurs
to benefit further from the aging process.  For the better, more age-worthy
wines, the wine continues to undergo organic change as it ages in the bottle,
and this may continue for many years before the wine is considered fully
mature and aged to perfection. As a result, these wines have the potential to
become more valuable with the passage of time.  Most investment grade wines
are red wines, because white wines generally do not benefit from aging.  Aging
allows a fine red wine, on the other hand, to develop distinctive traits which
are highly valued by collectors and other connoisseurs.  Select vintages of
other wines, such as champagne, may also benefit from the aging process enough
to become investment grade wines, if they are or become a top ranked vintage.
For instance, our supplier, Nevada Wine Company has advised us that 1990 Dom
Perignon champagne is generally considered to be a top ranked vintage of
champagne.  As a result of this aging process, the vintages of wines that are
sought after as investment grade wines may increase several times in value as
they are aged over a period of years, especially if the wines achieve a "First
Growth" or top ranked classification as they are aged.

     A second factor upon which wine investing is based is anticipation of
demand, and the timing of demand, for such vintages.  Because of the aging
factor, those vintages of red wine, champagne and other wines which become the
most highly sought after achieve such status only after having been "aged to
perfection" for a number of years. Obviously, at that point in time, the
supply of such vintages is fixed and cannot be further increased, even though
the demand is continuing to increase.  Combined with the fact of general
increases in demand which will occur at various times as a result of certain
events such as celebrations and other festivities, the potential
<PAGE>
exists for significant increases over time in the value of the most highly
sought after vintages, if the demand continues to increase, since the supply
is fixed.

     Power Marketing has purchased its wine investments mostly through Nevada
Wine Company, using the recommendations, brokerage, marketing, storage and
other services provided by that company. Management selected Nevada Wine
Company from its survey, based on a comparison of prices and services offered.
Management does not presently intend to use other suppliers and other than
Nevada Wine Company, does not intend to use or rely on outside consultants to
conduct operations.  Nevada Wine Company is not affiliated with Power
Marketing or its principals. Nevada Wine Company is a Las Vegas based company
that supplies the market with wine for many large and small businesses and
also sells many of the world's finest wines to collectors who purchase and
hold wines for their investment value, or to others who just want a good
bottle of wine to drink.  These wines range from good inexpensive wine to
wines worth hundreds of dollars.  In December, 1999, Power Marketing used the
proceeds of its recently completed offering to purchase several vintages of
investment grade wines, which it is holding at the temperature controlled
storage facilities maintained by Nevada Wine Company in Las Vegas.

     The following table shows the wine investments Power Marketing has
purchased so far.

<TABLE>
<S>                               <C>     <C>      <C>
Description                       Bottles Price/unit    Total

1996 Pahlmeyer Red Table                18   $65.00   $1,170
1996 Quintessa Cabernet                120       75    9,000
1996 Opus One                           24      130    3,120
1995 Berringer Reserve Cabernet         60       60    3,600
1997 Diamond Creek GravelyMeadow        24      120    2,880
1997 Diamond Creek Red RockTerrace      24      120    2,880
1997 Diamond Creek Volcanic Hill        24      120    2,880
1995 Silver Oak Alex                    24       60    1,440
1996 Lokoya Cabernet                    11      125    1,375
1997 Dow Port                           36       55    1,980
1997 Taylor Port                        36       78    2,808
1997 Fonsecs Port                       36       78    2,808
1997 Del Dotto                          36       50    1,800
1990 Dom Perignon (champagne)        1,200    96.53  115,830

Balance December 31, 1999         1,673.00$1,232.53 $153,571
</TABLE>

     Power Marketing also intends to resell its wine investments through
Nevada Wine Company, using the recommendations, brokerage, licensing and other
services provided by Nevada Wine Company, a wine broker-dealer licensed for
the sale of alcoholic beverages. If Power Marketing resells its wine
investments through Nevada Wine Company, management has been advised by Nevada
Wine Company that any licensing requirements for the sale of alcoholic
<PAGE>
beverages will be handled by them as part of their services. The market for
wine resales is composed of collectors who purchase and hold wines for their
investment value, or others who just want a good bottle of wine to drink.
Power Marketing will have to continue to hold its wine investments
indefinitely and will only be able to sell when we become aware through our
supplier or otherwise of opportunities to sell.

     There is absolutely no assurance that Power Marketing will be successful
in this venture.  Management has little or no prior experience in this
business or industry and will have to rely on the advice of others.
Management believes that any additional funds that may be received from
exercise of warrants can be used to increase the amounts of purchases or
investments Power Marketing can make.

ITEM 2.   PROPERTIES

     Power Marketing has no office facilities and does not presently
anticipate the need to lease commercial office space or facilities, but for
the time being uses the address of the President as the business address.  We
may lease commercial office facilities at such time in the future as our
operations have developed to the point where the facilities are needed, but we
have no commitments or arrangements for any facilities, and there is no
assurance regarding the future availability of commercial office facilities or
terms on which we may be able to lease facilities in the future, nor any
assurance regarding length of time the present arrangement may continue.  In
connection with the purchase of an inventory of wines to hold for investment
and resale, Power Marketing has leased from third parties or otherwise paid
for the use of temperature controlled or otherwise suitable storage facilities
for the wines.

ITEM 3.   LEGAL PROCEEDINGS.

     The Company is not a party to any material pending legal proceedings
and, to the best of its knowledge, no action has been threatened by or against
the Company.

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

     No matter was submitted to a vote of security holders through the
solicitation of proxies or otherwise during the fourth quarter of the fiscal
year covered by this report.

                               PART II

ITEM 5.   MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

     (A)  MARKET INFORMATION.

     Our common stock has been quoted under the symbol PMKT on the Electronic
Bulletin Board known as the OTCBB, which is maintained by the National
Association of Securities
<PAGE>
Dealers, Inc., but has not been traded in the over-
the-counter market, except on a limited and sporadic basis.

     The following sets forth high and low bid price quotations for each
calendar quarter during the last two fiscal years that trading occurred or
quotations were available. Such quotations reflect inter-dealer prices,
without retail mark-up, mark-down or commission and may not represent actual
transactions.

     Quarter Ended                 High                Low

     December 31, 2000             $.25                $.09

     (B)  HOLDERS.

     As of February 8, 2001, there were about 95 record holders of the
company's common stock.

     (C)  DIVIDENDS.

     Power Marketing has not previously paid any cash dividends on common
stock and does not anticipate or contemplate paying dividends on common stock
in the foreseeable future.  Our present intention is to utilize all available
funds for the development of our business.  The only restrictions that limit
the ability to pay dividends on common equity or that are likely to do so in
the future, are those restrictions imposed by law.  Under Delaware corporate
law, a corporation may declare and pay dividends only out of its surplus, as
defined, or if there is no surplus, out of its net profits for the fiscal year
in which the dividend is declared and/or the preceding fiscal year.

ITEM 6.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

PLAN OF OPERATIONS.

     Management's plan of operation for the next twelve months is to continue
using existing capital and any funds from exercise of warrants in this
offering, which are its sources of liquidity, to acquire additional inventory
of select wines to hold for investment and resale, and also to provide general
working capital during the next twelve months.  Under this plan of operations
Power Marketing has no specific capital commitments and the timing of capital
expenditures for wine investing will depend upon the receipt of additional
funds from warrant exercise or elsewhere, none of which is assured.  The time
frame for revenue generating activities and cash flows is also not assured or
known and will depend upon the timing of sale of the wines, and receipt of the
proceeds from these sales. We do not presently anticipate that we will have to
raise additional funds within the next twelve months, but we have not
determined how long beyond that existing capital can satisfy any cash
requirements.  While we do not anticipate any need to raise additional
capital, we believe Power Marketing will have the opportunity to invest
whatever
<PAGE>
additional funds may be received from the exercise of warrants in
purchasing additional vintages of investment grade wines. If we do not receive
sufficient funds to carry out the full plan of operations, Power Marketing
will modify operations and reduce the amount spent purchasing additional
vintages of investment grade wines, to the extent these funds are needed to
cover other business expenses, including the lease of storage space, other
overhead expenses, and fulfillment of our reporting obligations. We do not
anticipate any capital commitments for product research and development or
significant purchases of plant or equipment, or any change in the number of
employees.

     In November, 1999, we sold 250,000 shares of common stock in a non
public offering, at $.20 per share, and raised gross proceeds of $50,000. We
later purchased several different vintages of investment grade wines at a cost
of $37,741. We also purchased one hundred cases of investment grade champagne
from an affiliated company, at the affiliate's cost, for a note payable in the
amount of $115,830, due in 6 months with interest at 6% per annum. We intend,
but are not assured of being able, to repay the note upon sale of the wine
from sale proceeds.  If that is not possible, management intends to loan Power
Marketing the money to repay the original note, until it can sell the wine. On
September 5, 2000, we settled the debt consisting of the note payable in the
amount of $115,830 plus accrued interest of $5,616 for $100,000.  The gain on
settlement of $21,446 was accounted for as a contribution to capital because
of the related party nature of the note.

ITEM 7.   FINANCIAL STATEMENTS.

     See attached Financial Statements and Schedules.

ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
          FINANCIAL DISCLOSURE.

     There are not and have not been any disagreements between the Company
and their accountants on any matter of accounting principles or practices or
financial statement disclosure.

                               PART III

ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
          COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

     (A)  IDENTIFY DIRECTORS AND EXECUTIVE OFFICERS.

     The following table shows the sole officer and director, his age, and
all offices and positions with Power Marketing.  Each director is elected for
a period of one year and serves until his successor is duly elected by the
stockholders and qualifies.  Officers and other employees serve at the will of
the board of directors.
<PAGE>
<TABLE>
<S>                     <C>              <C>
                        Term Served As   Positions
Name of Director Age    Director/Officer With Company

Lynn Dixon        54    Since inception  President, Secretary-
                                         Treasurer & Director
</TABLE>

     A brief description of this individual's background and business
experience follows:

     LYNN DIXON.  Mr. Dixon graduated with a B.S. Degree in business from
Utah State University in 1969.  From 1969 through 1972, he was employed at
Thiokol Chemical Corporation as a cost accountant.  From 1972 through 1979, he
was employed as a stock broker with Olsen and Company, a stock brokerage firm
in Salt Lake City, Utah.  From 1979 to the present, Mr. Dixon has devoted his
full time to managing his own investments in securities and real estate,
including commercial, residential and agricultural real estate investments in
undeveloped ground as well as income producing properties, mutual funds and
other securities investments, both debt and equity, in companies listed on
exchanges such as AMEX or traded over-the-counter and listed on NASDAQ and the
OTCBB. Mr. Dixon served as President of Winthrop Industries during the past
five years until November 1999, when it went through a change in control.
Winthrop Industries was also engaged at that time in the business of wine
investing. Mr. Dixon will devote less than 10% of his time to Power Marketing.

     The director holds no directorships in any other company subject to the
reporting requirements of the Securities Exchange Act of 1934.

     (B)  IDENTIFY SIGNIFICANT EMPLOYEES.

     None other than the person previously identified.

     (C)  FAMILY RELATIONSHIPS.

     None

     (D)  INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS.

     Except as described herein, no present officer or director of the
Company; 1) has had any petition filed, within the past five years, in Federal
Bankruptcy or state insolvency proceedings on such person's behalf or on
behalf of any entity of which such person was an officer or general partner
within two years of filing; or 2) has been convicted in a criminal proceeding
within the past five years or is currently a named subject of a pending
criminal proceeding; or 3) has been the subject, within the past five years,
of any order, judgment, decree or finding (not subsequently reversed,
suspended or vacated) of any court or regulatory authority involving violation
of securities or commodities laws, or barring, suspending, enjoining or
limiting any activity relating to securities, commodities or other business
practice.
<PAGE>
     COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT  The Issuer is not
subject to Section 16(a).

ITEM 10.  EXECUTIVE COMPENSATION.

     The Company has not paid any cash compensation to its executive officer
to date.

COMPENSATION OF DIRECTORS     None

EMPLOYMENT CONTRACTS AND TERMINATION OF EMPLOYMENT AND CHANGE-IN-CONTROL
ARRANGEMENTS

     The Company has not entered into any contracts or arrangements with any
named executive officer which would provide such individual with a form of
compensation resulting from such individual's resignation, retirement or any
other termination of such executive officer's employment with the Company or
its subsidiary, or from a change-in-control of the Company or a change in the
named executive officer's responsibilities following a change-in-control.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

     The following table contains stock ownership information about officers
or directors, and other stockholders who we know to be beneficial owners of
more that 5% of our stock. A beneficial owner of stock is any person who has
or shares the power to decide how to vote or whether to dispose of the stock.

<TABLE>
<S>                     <C>      <C>                  <C>
                        Title of Amount & Nature of   % of
Name and Address         Class   Beneficial Ownership Class

Lynn Dixon               Common  1,025,700 shares     82%
311 S. State, #460
SLC, UT 84111

All officers and
directorsas a group      Common  1,025,700 shares     82%
(1 person)

</TABLE>

     The foregoing amounts include all shares these persons may be considered
to beneficially own regardless of the form of ownership.

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

     The Company has entered into certain transactions with officers,
directors or affiliates of the Company which include the following:
<PAGE>
     In connection with the organization, the founder contributed $28,500
cash to initially capitalize Power Marketing in exchange for 950,000 shares of
common stock.

     During November 1999, Power Marketing purchased for a price of $115,830,
champagne to hold as an investment.  The champagne was purchased with a note
payable for $115,830 from Winthrop Industries, a company that subsequently
went through a change in control and became known as Compass Knowledge.
However, at the time of the purchase, this company was affiliated with Power
Marketing through common control.  The note was held by Compass Knowledge, was
due in 6 months and provided for interest at 6% per annum. Power Marketing
purchased the champagne from Winthrop, at the same price that Winthrop had
paid to purchase it from a third party. On September 5, 2000, Power Marketing
settled the debt consisting of the note payable in the amount of $115,830 plus
accrued interest of $5,616 for $100,000.  The gain on settlement of $21,446
was accounted for as a contribution to capital because of the related party
nature of the note.

     Except as disclosed in this item, in notes to the financial statements
or elsewhere in this report, the Company is not aware of any indebtedness or
other transaction in which the amount involved exceeds $60,000 between the
Company and any officer, director, nominee for director, or 5% or greater
beneficial owner of the Company or an immediate family member of such person;
nor any relationship in which a director or nominee for director of the
Company was also an officer, director, nominee for director, greater than 10%
equity owner, partner, or member of any firm or other entity which received
from or paid the Company, for property or services, amounts exceeding 5% of
the gross annual revenues or total assets of the Company or such other firm or
entity.

                               PART IV

ITEM 13.  EXHIBITS AND REPORTS ON FORM 8-K.

     (A)  EXHIBITS to this report are all documents previously filed which
are incorporated herein as exhibits to this report by reference to
registration statements and other reports previously filed by the Company
pursuant to the Securities Act of 1933 and the Securities Exchange Act of
1934.

     (B)  REPORTS ON FORM 8-K have not been filed during the last quarter of
the fiscal year ended December 31, 2000.

<PAGE>
                              SIGNATURES

In accordance with Section 12 of the Securities Exchange Act of 1934, the
registrant caused this registration statement to be signed on its behalf by
the undersigned, thereunto duly authorized.


POWER MARKETING, INC.



By:     /s/ Lynn Dixon        Date:   March 20, 2001
     Lynn Dixon, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer


In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and the
dates indicated.



By:      /s/ Lynn Dixon         Date:    March 20, 2001
     Lynn Dixon, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer


<PAGE>


Supplemental Information to be Furnished With Reports Filed Pursuant to
Section 15(d) of the Exchange Act by Non Reporting Issuers

No annual report or proxy statement has been sent to security holders.

<PAGE>












                      POWER MARKETING, INC.
                  [A Development Stage Company]

                      FINANCIAL STATEMENTS

                        DECEMBER 31, 2000











<PAGE>











                      POWER MARKETING, INC.
                  [A Development Stage Company]




                            CONTENTS

                                                          PAGE

        -  Independent Auditors' Report                      1


        -  Balance Sheet, December 31, 2000                  2


        -  Statements of Operations, for the years ended
             December 31, 2000 and 1999, and from
             inception on August 1, 1995 through
             December 31, 2000                               3


        -  Statement of Stockholders' Equity, from
             inception on August 1, 1995 through
             December 31, 2000                               4


        -  Statements of Cash Flows, for the years ended
             December 31, 2000 and 1999, and from
             inception on August 1, 1995 through
             December 31, 2000                               5


        -  Notes to Financial Statements                 6 - 9






<PAGE>




                  INDEPENDENT AUDITORS' REPORT



Board of Directors
POWER MARKETING, INC.
Salt Lake City, Utah

We   have  audited  the  accompanying  balance  sheet  of   Power
Marketing,  Inc.  [a development stage company] at  December  31,
2000,  and  the  related statements of operations,  stockholders'
equity  and cash flows for the years ended December 31, 2000  and
1999  and for the period from inception on August 1, 1995 through
December   31,   2000.   These  financial  statements   are   the
responsibility  of the Company's management.  Our  responsibility
is  to express an opinion on these financial statements based  on
our audits.

We  conducted  our  audits in accordance with generally  accepted
auditing  standards.  Those standards require that  we  plan  and
perform  the  audit to obtain reasonable assurance about  whether
the  financial statements are free of material misstatement.   An
audit  includes  examining, on a test basis, evidence  supporting
the  amounts  and  disclosures in the financial  statements.   An
audit also includes assessing the accounting principles used  and
significant  estimates made by management, as well as  evaluating
the  overall  financial statement presentation.  We believe  that
our audits provide a reasonable basis for our opinion.

In  our  opinion, the financial statements audited by us  present
fairly, in all material respects, the financial position of Power
Marketing, Inc. as of December 31, 2000, and the results  of  its
operations  and its cash flows for the years ended  December  31,
2000 and 1999, and for the period from inception through December
31,  2000,  in  conformity  with  generally  accepted  accounting
principles.

The accompanying financial statements have been prepared assuming
the  Company will continue as a going concern.  As discussed Note
7  to  the financial statements, the Company has suffered  losses
since  inception and has not yet been successful in  establishing
profitable  operations,  raising  substantial  doubt  about   its
ability  to continue as a going concern.  Management's  plans  in
regards  to  these matters are also described  in  Note  7.   The
financial  statements do not include any adjustments  that  might
result from the outcome of these uncertainties.




PRITCHETT, SILER & HARDY, P.C.

February 13, 2001
Salt Lake City, UT

1
<PAGE>



                      POWER MARKETING, INC.
                  [A Development Stage Company]

                          BALANCE SHEET



                             ASSETS

                                                       December 31,
                                                           2000
                                                      ____________
CURRENT ASSETS:
  Cash                                                $      1,267
  Investment                                               153,571
                                                      ____________
        Total Current Assets                               154,838

                                                      ____________
                                                      $    154,838
                                                      ____________


              LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:
  Advances payable-related party                         $ 110,500
  Accounts payable                                           1,020

                                                      ____________
          Total Current Liabilities                        111,520
                                                      ____________


STOCKHOLDERS' EQUITY:
  Preferred stock, $.001 par value,
   500,000 shares authorized,
   no shares issued and outstanding                              -
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   1,250,000 and 1,000,000 shares issued and
   outstanding, respectively                                 1,250
  Additional paid-in capital                                98,747
  Deficit accumulated during the
    development stage                                      (56,679)
                                                      ____________
        Total Stockholders' Equity                          43,318
                                                      ____________
                                                      $    154,838
                                                      ____________



  The accompanying notes are an integral part of this financial
                           statement.


2
<PAGE>
                      POWER MARKETING, INC.
                  [A Development Stage Company]

                    STATEMENTS OF OPERATIONS

                                                  From Inception on
                                For the Year Ended  August 1, 1995
                                   December 31,        Through
                             _______________________  December 31,
                                  2000       1999         2000
                              __________  __________  ___________
REVENUE                       $        -  $        -  $         -

EXPENSES:
  General and administrative      26,850       1,606       37,547
                              __________  __________  ___________
      Total Expenses              26,850       1,606       37,547
                              __________  __________  ___________

LOSS BEFORE OTHER INCOME
  (EXPENSE)                      (26,850)     (1,606)     (37,547)
                              __________  __________  ___________

OTHER INCOME (EXPENSE):
  Interest Expense                     -        (876)        (876)
  Interest Income                      -           -           44
                              __________  __________  ___________

  Total Other Income                   -        (876)        (832)
                              __________  __________  ___________
LOSS BEFORE INCOME TAXES         (26,850)     (2,482)     (38,379)

CURRENT TAX EXPENSE                    -           -            -

DEFERRED TAX EXPENSE                   -           -            -
                              __________  __________  ___________
(LOSS) FROM CONTINUING
   OPERATIONS                    (26,850)     (2,482)     (38,379)
                              __________  __________  ___________
DISCONTINUED OPERATIONS:

  (Loss) from operations of
    discontinued hair product
    marketing operations               -           -      (18,990)

  Gain on disposition of
    hair product marketing
    operations                         -           -          690
                              __________  __________  ___________
LOSS FROM DISCONTINUED
   OPERATIONS                          -           -      (18,300)
                              __________  __________  ___________
NET LOSS                      $  (26,850) $   (2,482) $   (56,679)
                              __________  __________  ___________

LOSS PER COMMON SHARE:
  Continuing operations       $     (.02) $     (.00) $      (.03)
  Discontinued operations           (.00)       (.00)        (.02)
                              __________  __________  ___________
      Loss Per Common Share   $     (.02) $     (.00) $      (.05)
                              __________  __________  ___________







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


3
<PAGE>


                      POWER MARKETING, INC.
                  [A Development Stage Company]

                STATEMENT OF STOCKHOLDERS' EQUITY

          FROM THE DATE OF INCEPTION ON AUGUST 1, 1995

                    THROUGH DECEMBER 31, 2000

                                                                  Deficit
                                                                Accumulated
                 Preferred Stock   Common Stock     Capital in   During the
            _____________________ _________________  Excess of  Development
              Shares     Amount    Shares   Amount   Par Value     Stage
            __________ __________ ________ ________ __________  ___________
BALANCE,
 August 1, 1995      - $        -         - $      - $        -  $        -

Issuance of
 950,000 shares
 common stock
 for cash,
 September 15,
 1995 at $.03
 per share           -          -   950,000      950     27,550           -

Issuance of
 50,000 shares
 of common
 stock for cash,
 October 4, 1995
 at $.10 per share,
 net of offering
 costs               -          -    50,000       50          -           -

Net loss for the
 period ended
 December 31, 1995   -          -         -        -          -     (23,780)
            __________ __________ _________ ________ __________  __________

BALANCE,
 December 31,
 1995                -          - 1,000,000    1,000     27,550     (23,780)

Net loss for
 the year
 ended
 December 31,
 1996                -          -         -        -          -         (51)
            __________ __________ _________ ________ __________  __________

BALANCE,
 December 31,
 1996                -          - 1,000,000    1,000     27,550     (23,831)

Net loss for
 the year ended
 December 31,
 1997                -          -         -        -          -      (2,168)
            __________ __________ _________ ________ __________  __________

BALANCE,
 December 31,
 1997                -          - 1,000,000    1,000     27,550     (25,999)

Net loss for
 the year ended
 December 31,
 1998                                                                (1,348)
            __________ __________ _________ ________ __________  __________
BALANCE,
 December 31,
 1998                -          - 1,000,000    1,000     27,550     (27,347)

Issuance of
 250,000 shares
 of common
 stock for
 cash at
 .20 per
 share               -          -         -  250,000        250      49,750

Net loss for
 the year ended
 December 31,
 1999                                                                (2,482)
            __________ __________ _________ ________ __________  __________
BALANCE,
 December 31,
 1999                -          - 1,250,000    1,250     77,300     (29,829)

Forgiveness of
 debt accounted
 for as a
 contribution
 to capital          -           -        -        -     21,447           -

Net loss for
 the year ended
 December 31,
 2000                -           -        -        -          -     (26,850)
            __________ __________ _________ ________ __________  __________
BALANCE,
 December 31,
 2000                - $        - 1,250,000 $ 12,500 $   98,747  $  (56,679)
            __________ __________ _________ ________ __________  __________


  The accompanying notes are an integral part of this financial
                           statement.

4
<PAGE>



                      POWER MARKETING, INC.
                  [A Development Stage Company]

                    STATEMENTS OF CASH FLOWS

                                                       From Inception on
                                For the Year Ended      August 1, 1995
                                    December 31,           Through
                           _____________________________ December 31,
                               2000            1999          2000
                           ______________  ____________  ___________

Cash Flows from Operating
 Activities:
  Net loss                 $      (26,850) $     (2,482) $   (56,679)
 Adjustments to reconcile
  net (loss) to net cash
  used by operations:
    Amortization                        -           167          500
  Changes in assets and
   liabilities:
    Increase (decrease) in
     accounts payable               1,020           (53)       1,020
    Increase in accrued
     interest-related party         4,741           876        5,617
                           ______________  ____________  ___________
        Net Cash Provided
         (Used) by Operating
         Activities               (21,089)       (1,492)     (49,542)
                           ______________  ____________  ___________
Cash Flows from Investing
 Activities:
  Organization costs                    -             -         (500)
 Purchase of investment                 -      (153,571)    (153,571)
                           ______________  ____________  ___________
        Net Cash Provided
         (Used) by Investing
          Activities                    -      (153,571)    (154,071)
                           ______________  ____________  ___________
Cash Flows from Financing
 Activities:
  Proceeds from sale of
   common stock                         -        50,000       83,500
  Payment of stock offering
   costs                                -             -       (4,950)
  Proceeds from note payable -
   related party                        -       115,830      115,830
  Payment on note payable -
   related party                 (100,000)            -     (100,000)
  Advances from related
   party                          110,000           500      110,500
                           ______________  ____________  ___________
        Net Cash Provided by
          Financing Activities     10,000       166,330      204,880
                           ______________  ____________  ___________
Net Increase (Decrease) in
 Cash                             (11,089)       11,267        1,267

Cash at Beginning of Period        12,356         1,089            -
                           ______________  ____________  ___________
Cash at End of Period      $        1,267  $     12,356  $     1,267
                           ______________  ____________  ___________

Supplemental Disclosures of Cash Flow information:
 Cash paid during the period for:
   Interest                 $           -  $          -  $         -
   Income taxes             $           -  $          -  $         -

Supplemental Schedule of Non-Cash Investing and Financing
Activities:
 For the Year Ended December 31, 2000:
  The Company settled a debt consisting of a note and accrued
  interest payable of $121,466 for $100,000.

  Because of the related party nature of the note, the gain on
  settlement was accounted for as a contribution to capital.

 For the Year Ended December 31, 1999:
  None




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



5
<PAGE>



                      POWER MARKETING, INC.
                  [A Development Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization - The Company was organized under the  laws  of  the
  State of Delaware on August 1, 1995.  The Company is considered a
  development stage company as defined in SFAS No. 7.  The  Company
  was  formed to engage in the business of television marketing  of
  hair  products.   During  1996,  the  Company  discontinued   the
  marketing  of  hair  products and is currently considering  other
  business   opportunities  or  potential  business   acquisitions.
  During  1999,  the Company purchased champagne as an  investment,
  but is still seeking other potential business ventures.

  (Loss)  Per  Common Share - The computation of  loss  per  common
  share   is  based  on  the  weighted  average  number  of  shares
  outstanding during the period presented.

  Cash  and  Cash  Equivalents  - For  purposes  of  the  financial
  statements,   the  Company  considers  all  highly  liquid   debt
  investments purchased with a maturity of three months or less  to
  be cash equivalents.

  Investment - Investments in wine and champagne are carried at the
  lower  of cost or market value.  The Company periodically reviews
  the carrying value of its investments for realization

  Accounting Estimates - The preparation of financial statements in
  conformity with generally accepted accounting principles requires
  management  to  make estimates and assumptions  that  effect  the
  reported  amounts of assets and liabilities, the  disclosures  of
  contingent  assets and liabilities at the date of  the  financial
  statements,  and  the reported amounts of revenues  and  expenses
  during  the  reporting period.  Actual results could differ  from
  those estimated by management.

  Statement of Cash Flows - For purposes of the statement  of  cash
  flows,  the  Company considers all highly liquid debt investments
  purchased  with  a maturity of three months or less  to  be  cash
  equivalents.

  Recently  Enacted Accounting Standards - Statement  of  Financial
  Accounting  Standards (SFAS) No. 136, "Transfers of Assets  to  a
  not  for  profit organization or charitable trust that raises  or
  holds  contributions for others", SFAS No. 137,  "Accounting  for
  Derivative Instruments and Hedging Activities - deferral  of  the
  effective  date of FASB Statement No. 133 (an amendment  of  FASB
  Statement  No.  133.),",  SFAS No. 138  "Accounting  for  Certain
  Derivative  Instruments  and Certain  Hedging  Activities  -  and
  Amendment of SFAS No. 133", SFAS No. 139, "Recission of SFAS  No.
  53  and  Amendment to SFAS No 63, 89 and 21", and SFAS  No.  140,
  "Accounting  to  Transfer and Servicing of Financial  Assets  and
  Extinguishment  of Liabilities", were recently  issued  SFAS  No.
  136,  137, 138, 139 and 140 have no current applicability to  the
  Company  or  their effect on the financial statements  would  not
  have been significant.

NOTE 2 - CAPITAL STOCK

  Preferred  Stock - The Company has authorized 500,000  shares  of
  preferred  stock, $.001 per value, with such rights,  preferences
  and designations and to be issued in such series as determined by
  the Board of Directors.  No shares are issued and outstanding  at
  December 31, 2000.

6
<PAGE>


                      POWER MARKETING, INC.
                  [A Development Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 2 - CAPITAL STOCK [CONTINUED]

  Common  Stock  - During September, 1995, in connection  with  its
  organization, the Company issued 950,000 shares of its previously
  authorized, but unissued common stock.  Total proceeds  from  the
  sale  of  stock amounted to $28,500 (or $.03 per share).   During
  October,  1995, the Company made a public offering of  50,000  of
  its  previously  authorized  but unissued  common  stock.   Total
  proceeds  from  the  public  sale of stock  amounted  to  $5,000.
  Direct offering costs offset against the proceeds were $4,950.

  During  December 1999, the Company issued 250,000 shares  of  its
  previously authorized but unissued common stock.  Total  proceeds
  from the sale of stock amounted to $50,000 (or $.20 per share)

  Warrant  Distribution - The Company completed a  distribution  of
  warrants  to  purchase  1,250,000 shares of  common  stock.   The
  warrants  are exercisable at $1.00 per share, on or  before  June
  30,  2002.   The warrants were distributed as a dividend  on  the
  common stock to all the shareholders of record.

NOTE 3 - INVESTMENT

  During  November  1999  the Company acquired  champagne  from  an
  entity  that at the time was related to a significant shareholder
  of  the  Company.  The champagne was acquired for $115,830  which
  was  the  carryover  cost basis of the related  entity.   A  note
  payable in the amount of $115,830 was given as consideration  for
  the champagne.

  During December 1999 the Company paid cash of $37,741 to purchase
  wine  as an investment.  The wine was purchased from an unrelated
  entity.


NOTE 4 - INCOME TAXES

  The   Company  accounts  for  income  taxes  in  accordance  with
  Statement  of Financial Accounting Standards No. 109  "Accounting
  for  Income Taxes".  FASB 109 requires the Company to  provide  a
  net deferred tax asset/liability equal to the expected future tax
  benefit/expense of temporary reporting differences  between  book
  and  tax  accounting methods and any available operating loss  or
  tax credit carryforwards.

  The  Company has available at December 31, 2000, unused operating
  loss  carryforwards of approximately $56,600 which may be applied
  against  future taxable income and which expire in various  years
  from  2010  through 2019.  The amount of and ultimate realization
  of  the benefits from the operating loss carryforwards for income
  tax  purposes is dependent, in part, upon the tax laws in effect,
  the  future earnings of the Company, and other future events, the
  effects   of  which  cannot  be  determined.   Because   of   the
  uncertainty surrounding the realization of the loss carryforwards
  the  Company has established a valuation allowance equal  to  the
  amount of the loss carryforwards and, therefore, no deferred  tax
  asset  has been recognized for the loss carryforwards.   The  net
  deferred tax assets are approximately $19,200 as of December  31,
  2000,  with an offsetting valuation allowance of the same  amount
  resulting in a change in the valuation allowance of approximately
  $9,300 during the year ended December 31, 2000.

NOTE 5 - RELATED PARTY TRANSACTIONS

  Management Compensation - Officers and directors have not devoted
  any  significant  time to the Company's operations  nor  has  the
  Company paid any compensation to its officers and directors.

  Office  Space  -  The Company has not had a need to  rent  office
  space.   An  officer/shareholder of the Company is  allowing  the
  Company to use his office as a mailing address, as needed, at  no
  expense to the Company.

7
<PAGE>



                      POWER MARKETING, INC.
                  [A Development Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 5 - RELATED PARTY TRANSACTIONS

  Shareholder  Advance - A shareholder and officer of  the  Company
  has  made  advances to the Company totaling $110,000 during  2000
  and  $500 during 1999.  These advances were used to pay for notes
  payable and other Company expenses.

  Note  Payable  Settlement  - On November  15,  1999  the  Company
  purchased $115,830 of its investment in champagne from an entity,
  which  at the time was controlled by a shareholder of the Company
  for  a note payable in the amount of $115,830.  The note was  due
  in  6  months  and provided for interest at  6%  per  annum.   On
  September 5, 2000, the Company settled the debt consisting  of  a
  note  payable in the amount of $115,830 plus accrued interest  of
  $5,616  for  $100,000.   The gain on settlement  of  $21,446  was
  accounted for as a contribution to capital because of the related
  party nature of the note.

NOTE 6 - DEVELOPMENT STAGE COMPANY

  The  Company was formed with a very specific business plan.   The
  Company  expended  virtually all of  its  working  capital  in  a
  relatively   short  time  period  and  was  not   successful   in
  establishing  on-going profitable operations.  Consequently,  the
  Company  discontinued  its operations of engaging  in  television
  marketing.  The Company currently has no on-going operations.

NOTE 7 - GOING CONCERN

  The  accompanying  financial statements  have  been  prepared  in
  conformity  with  generally accepted accounting principles  which
  contemplate  continuation  of the Company  as  a  going  concern.
  However, the Company has incurred losses since its inception, has
  expended  most  of  its  working capital and  has  not  yet  been
  successful in establishing profitable operations.  These  factors
  raise  substantial  doubt about the ability  of  the  Company  to
  continue  as  a  going  concern.  In this regard,  management  is
  proposing  to  raise additional funds through loans,  or  through
  additional sales of its
  common  stock  or  through the acquisition  of  other  companies.
  There  is  no  assurance that the Company will be  successful  in
  raising this additional capital.


8
<PAGE>


                      POWER MARKETING, INC.
                  [A Development Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 8 - EARNINGS PER SHARE

  The  following data shows the amounts used in computing loss  per
  share for the periods presented.

                                 For the         From Inception
                                Year Ended        on August 1,
                               December 31,       1995 Through
                            ___________________   December 31,
                              2000      1999         2000
                            _________ _________   ___________
    Loss from continuing
     operations available
     to common shareholders
    (numerator)             $ (26,850)$  (2,482)  $   (38,379)
                            _________ _________   ___________
    Loss from discontinued
     operations(numerator)  $       - $       -   $   (18,300)
                            _________ _________   ___________
    Weighted average number
     of common shares
     outstanding used in loss
     per share calculation for
     the period
    (denominator)         1,250,000 1,015,753     1,047,524
                          _________ _________   ___________

  Dilutive loss per share was not presented, as the Company had  no
  common  stock  equivalent shares for all  period  presented  that
  would affect the computation of diluted loss per share.

  The  Company  has 1,250,000 warrants outstanding at December  31,
  2000, which were not used in the calculation of loss per share as
  their effect is anti-dilutive.



9