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:  September 30, 2003

                                  OR

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

                  COMMISSION FILE NUMBER:  333-83125

                         POWER MARKETING, INC.
        (Exact name of registrant as specified in its charter)


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


       46 Water Street, South Glastonbury, Connecticut   06073
               (Address of principal executive offices)

                            (860) 633-8812
         (Registrant's telephone number, including area code)


     (Former name, former address and former fiscal year, if changed since
last report)

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 registrant was
required to file such report(s), and (2) has been subject to such filing
requirements for the past 90 days.                   YES [X]  NO [  ]

The number of $.001 par value common shares outstanding at September 30, 2003:
1,250,000

<PAGE>

                    PART I - FINANCIAL INFORMATION


ITEM 1.   FINANCIAL STATEMENTS

     See attached.

<PAGE>











                           POWER MARKETING, INC.
                       [A Development Stage Company]

                 UNAUDITED CONDENSED FINANCIAL STATEMENTS

                            SEPTEMBER 30, 2003





















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




                                 CONTENTS

                                                                PAGE


        -    Unaudited Condensed Balance Sheets,
             September 30, 2003 and December 31, 2002             2


        -    Unaudited Condensed Statements of Operations,
             for the three and nine months ended September 30,
             2003 and 2002 and for the period from inception on
             August 1, 1995 through September 30, 2003            3


        -    Unaudited Condensed Statements of Cash Flows,
             for the nine months ended September 30, 2003
             and 2002 and for the period from inception on
             August 1, 1995 through September 30, 2003            4


        -    Notes to Unaudited Condensed Financial Statements  5 - 10




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

                    UNAUDITED CONDENSED BALANCE SHEETS


                                  ASSETS

                                        September 30,  December 31,
                                             2003          2002
                                         ___________   ___________
CURRENT ASSETS:
  Cash                                    $        -    $   1,799
                                         ___________   ___________
   Total Current Assets                            -        1,799
                                         ___________   ___________
                                          $        -    $   1,799
                                         ___________   ___________


              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Bank overdraft                          $      197    $        -
  Advances payable - related party             4,440         1,440
                                         ___________   ___________
    Total Current Liabilities                  4,637         1,440
                                         ___________   ___________

STOCKHOLDERS' EQUITY (DEFICIT):
  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 shares issued and
   outstanding                                 1,250         1,250
  Additional paid-in capital                  98,747        98,747
  Deficit accumulated during the
    development stage                      (104,634)      (99,638)
                                         ___________   ___________
     Total Stockholders' Equity (Deficit)    (4,637)           359
                                         ___________   ___________
                                          $        -    $    1,799
                                         ___________   ___________









Note: The balance sheet at December 31, 2002 was taken from the audited
   financial statements at that date and condensed.

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

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

               UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                            For the Three        For the Nine    From Inception
                            Months Ended         Months Ended     on August 1,
                            September 30,        September 30,    1995 Through
                          __________________  ___________________ September 30,
                            2003      2002      2003      2002         2003
                          ________  ________  ________  _________   __________
REVENUE                   $     -   $     -   $     -   $      -    $      -

EXPENSES:
  General and
     administrative         1,266         -     4,996          -       4,996
                          ________  ________  ________  _________   __________
LOSS BEFORE INCOME TAXES   (1,266)        -    (4,996)         -      (4,996)

CURRENT TAX EXPENSE             -         -         -          -           -

DEFERRED TAX EXPENSE            -         -         -          -           -
                          ________  ________  ________  _________   __________
LOSS FROM CONTINUING
  OPERATIONS               (1,266)        -    (4,996)         -      (4,996)
                          ________  ________  ________  _________   __________

DISCONTINUED OPERATIONS:
  Loss from operations
    of discontinued
    wine investment
    business (net of
    $0 in income taxes)         -    (1,665)        -    (10,297)     (81,338)
  Gain (loss) on
    disposal of
    discontinued wine
    investment business
    operations (net of
    $0 in income taxes)         -         -         -          -            -
  Loss from operations
    of discontinued
    hair product
    marketing business
    (net of $0 in
    income taxes)               -         -         -          -      (18,990)
  Gain on disposal of
    discontinued hair
    product marketing
    operations (net of
    $0 in income taxes)         -         -         -          -          690
                          ________  ________  ________  _________   __________
LOSS FROM DISCONTINUED
  OPERATIONS                    -    (1,665)        -    (10,297)     (99,638)
                          ________  ________  ________  _________   __________

NET LOSS                  $(1,266)  $(1,665)  $(4,996)  $(10,297)   $(104,634)
                          ________  ________  ________  _________   __________

LOSS PER COMMON SHARE:
  Continuing operations   $  (.00)  $     -   $  (.00)  $      -    $    (.00)
  Operations of
    discontinued wine
    investment business         -      (.00)        -       (.01)        (.07)
  Gain (loss) on
    disposal of
    discontinued wine
    investment operations       -        -          -          -            -
  Operations of
    discontinued hair
    product marketing
    business                    -        -          -          -         (.02)
  Gain on disposal of
    discontinued hair
    product marketing
    operations                  -        -          -          -          .00
                          ________  ________  ________  _________   __________
  Net Loss Per
    Common Share          $  (.00)  $ (.00)   $  (.00)  $   (.01)   $    (.09)
                          ________  ________  ________  _________   __________

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

                                   -3-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS


                                           For the Nine     From Inception
                                           Months Ended     on August 1,
                                           September 30,    1995 Through
                                        ____________________September 30,
                                           2003      2002        2003
                                        _________  _________  __________
Cash Flows from Operating Activities:
 Net loss                               $ (4,996)  $(10,297)  $(104,634)
 Adjustments to reconcile
   net loss to net cash
   used by operations:
  Amortization                                 -          -         500
  Impairment loss                              -          -      23,036
  Changes in assets and liabilities:
   (Decrease) in accounts payable              -       (445)          -
   Increase in accrued
     interest - related party                  -          -       5,617
                                        _________  _________  __________
        Net Cash (Used) by
         Operating Activities             (4,996)   (10,742)    (75,481)
                                        _________  _________  __________

Cash Flows from Investing Activities:
 Organization costs                            -          -        (500)
 Purchase of investment                        -          -    (153,571)
 Proceeds from sale of investment              -    130,535     130,535
                                        _________  _________  __________
        Net Cash Provided (Used)
         by Investing Activities               -    130,535     (23,536)
                                        _________  _________  __________

Cash Flows from Financing Activities:
 Proceeds from sale of common stock            -          -      83,500
 Payment of stock offering costs               -          -      (4,950)
 Proceeds from note
   payable - related party                     -          -     115,830
 Payments on note
   payable - related party                     -          -    (100,000)
 Advances from related party               3,000      1,100     122,390
 Payments on advances
   from related party                          -   (117,950)   (117,950)
 Proceeds from back overdraft                197          -         197
                                        _________  _________  __________
        Net Cash Provided (Used)
         by Financing Activities           3,197   (116,850)     99,017
                                        _________  _________  __________

Net Increase (Decrease) in Cash           (1,799)     2,943           -

Cash at Beginning of Period                1,799        281           -
                                        _________  _________  __________

Cash at End of Period                    $     -   $  3,224   $       -
                                        _________  _________  __________

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 period from inception on August 1, 1995 through September 30, 2003:
  On  September  5, 2000, the Company settled a debt consisting  of  a  note
  payable  and accrued interest totaling $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.




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

                                   -4-

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

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  - Power Marketing, Inc. ("the Company") was organized  under
  the  laws  of  the State of Delaware on August 1, 1995.  The  Company  was
  formed to engage in the business of television marketing of hair products.
  In  1996,  the  Company discontinued the marketing of hair  products.   In
  1999,  the  Company  purchased  wine and champagne  as  investments.   The
  Company  discontinued its wine investment business effective December  31,
  2002 [See Note 2].  The Company has not generated significant revenues and
  is  considered  a  development stage company as defined  in  Statement  of
  Financial  Accounting Standards No. 7.  The Company has, at present  time,
  not  paid  any dividends and any dividends that may be paid in the  future
  will  depend  upon  the financial requirements of the  Company  and  other
  relevant factors.

  Condensed  Financial  Statements - The accompanying  financial  statements
  have  been  prepared  by the Company without audit.   In  the  opinion  of
  management,   all   adjustments  (which  include  only  normal   recurring
  adjustments)  necessary to present fairly the financial position,  results
  of  operations and cash flows at September 30, 2003 and 2002 and  for  the
  periods then ended have been made.

  Certain   information  and  footnote  disclosures  normally  included   in
  financial  statements  prepared  in  accordance  with  generally  accepted
  accounting principles in the United States of America have been  condensed
  or  omitted.  It is suggested that these condensed financial statements be
  read  in  conjunction  with  the financial statements  and  notes  thereto
  included  in the Company's December 31, 2002 audited financial statements.
  The  results  of operations for the periods ended September 30,  2003  and
  2002  are not necessarily indicative of the operating results for the full
  year.

  Cash  and Cash Equivalents - 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.

  Income  Taxes  - The Company accounts for income taxes in accordance  with
  Statement  of  Financial  Accounting Standards No.  109,  "Accounting  for
  Income  Taxes."   This statement requires an asset and liability  approach
  for accounting for income taxes.

  Discontinued  Operations - The Company has adopted Statement of  Financial
  Accounting Standards No. 144 "Accounting for the Impairment or Disposal of
  Long-Lived  Assets".   SFAS  No.  144 modifies  previous  disclosures  and
  requires additional disclosures for discontinued operations and the assets
  associated with discontinued operations.

  Loss  Per  Share - The Company computes loss per share in accordance  with
  Statement of Financial Accounting Standards No. 128 "Earnings Per  Share,"
  which  requires the Company to present basic and dilutive loss  per  share
  when the effect is dilutive [See Note 8].

                                   -5-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Accounting  Estimates  -  The  preparation  of  financial  statements   in
  conformity  with generally accepted accounting principles  in  the  United
  States  of  America 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.

  Recently  Enacted Accounting Standards - Statement of Financial Accounting
  Standards ("SFAS") No. 146, "Accounting for Costs Associated with Exit  or
  Disposal  Activities", SFAS No. 147, "Acquisitions  of  Certain  Financial
  Institutions  - an Amendment of FASB Statements No. 72 and  144  and  FASB
  Interpretation   No.  9",  SFAS  No.  148,  "Accounting  for   Stock-Based
  Compensation - Transition and Disclosure - an Amendment of FASB  Statement
  No.  123",  SFAS  No.  149,  "Amendment of  Statement  133  on  Derivative
  Instruments  and  Hedging Activities", and SFAS No. 150,  "Accounting  for
  Certain Financial Instruments with Characteristics of both Liabilities and
  Equity",  were recently issued.  SFAS No. 146, 147, 148, 149 and 150  have
  no  current applicability to the Company or their effect on the  financial
  statements would not have been significant.

NOTE 2 - DISCONTINUED OPERATIONS

  On  December  31,  2002,  the  Company discontinued  its  wine  investment
  business.  The Company has accounted for this disposal in accordance  with
  Statement of Financial Accounting Standards No. 144, "Accounting  for  the
  Impairment or Disposal of Long-Lived Assets".  At September 30,  2003  and
  December  31,  2002,  the Company had no assets or liabilities  associated
  with its discontinued wine investment business.

  The  following is a summary of the results of operations of the  Company's
  discontinued wine investment business:

                        For the Three      For the Nine       From Inception
                        Months Ended       Months Ended       on August 1,
                        September 30,      September 30,      1995 Through
                      __________________  __________________  September 30,
                         2003     2002      2003     2002        2003
                      ________  ________  _______  _________   _________
    Revenue          $      -   $     -   $     -  $      -  $       -
    General and
      administrative        -    (1,665)        -   (10,297)   (57,470)
    Impairment loss         -         -         -         -    (23,036)
    Interest expense        -         -         -         -       (876)
    Interest income         -         -         -         -         44
                      ________  ________  _______  _________   _________
     Net  loss        $     -   $(1,665)  $     -  $(10,297)   $(81,338)
                      ________  ________  _______  _________   _________


                                    -6-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


NOTE 3 - IMPAIRMENT LOSS ON INVESTMENT

  In  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 basis  of  the
  related  entity.  A note payable in the amount of $115,830  was  given  as
  consideration for the champagne.  In December 1999 the Company  paid  cash
  of $37,741 to purchase wine as an investment.  The wine was purchased from
  an unrelated entity.

  In 2001, the Company recorded an impairment loss of $23,036 to reflect the
  net realizable value of the investment.  In January 2002, the Company sold
  its  investments  in champagne and wine to an officer/shareholder  of  the
  Company.  The Company sold its investments, which had an original carrying
  value  of  $153,571,  for $130,535 resulting in a loss  of  $23,036.   The
  Company offset $117,950 of the sales proceeds against its liability  owing
  to the officer/shareholder.

NOTE 4 - 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 September 30, 2003 and December  31,
  2002.

  Common Stock - In 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).

  In  October  1995,  the Company made a public offering of  50,000  of  its
  previously authorized but unissued common stock.  Total proceeds from  the
  sale  of  stock  amounted to $5,000 (or $.10 per share).   Stock  offering
  costs offset against the proceeds amounted to $4,950.

  In  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 at $1.00 per share as a  common
  stock dividend.  The warrants expired on September 30, 2002.

                                     -7-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 5 - INCOME TAXES

  The  Company  accounts for income taxes in accordance  with  Statement  of
  Financial  Accounting  Standards No. 109 "Accounting  for  Income  Taxes".
  SFAS  No.  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 September 30, 2003 unused  operating  loss
  carryforwards of approximately $75,300 which may be applied against future
  taxable  income  and  which expire in various years  through  2023  and  a
  capital  loss carryforward of approximately $23,000 which may  be  applied
  against future capital gains  and which expires  in 2007.  Due to a change
  in control  during  September 2003, the amount  of  net  operating  losses
  available to offset future taxable income will be  limited.  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 tax effect
  of the loss carryforwards  and, therefore, no deferred tax asset has  been
  recognized  for  the loss carryforwards.  The  net deferred tax assets are
  approximately $14,800  and  $14,000  as  of September 30, 2003 and
  December  31,  2002,  respectively, with an offsetting valuation allowance
  of the  same  amount  resulting  in  a  change  in the valuation allowance
  of approximately  $800 during the nine months ended September 30, 2003.

NOTE 6 - 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 for the Company.  The  cost  is  considered
  nominal and has not been expensed by the Company.

  Shareholder Advance - During the nine months ended September 30, 2003,  an
  officer/shareholder of the Company made advances totaling  $3,000  to  the
  Company.   Advances have been used to pay Company expenses.  At  September
  30,  2003,  the  Company  owes  $4,440 to  the  officer/shareholder.   The
  advances bear no interest and are due on demand.

  Sale of Investments - In January 2002, the Company sold its investments in
  champagne and wine to an officer/shareholder of the Company.  The  Company
  sold  its  investments, which had an original carrying value of  $153,571,
  for  $130,535 resulting in a loss of $23,036. The Company offset  $117,950
  of   the   sales   proceeds   against   its   liability   owing   to   the
  officer/shareholder [See Note 3].

                                    -8-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 7 - GOING CONCERN

  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  profitable  on-going
  operations.   Consequently,  the Company discontinued  its  operations  of
  engaging in television marketing.

  The  accompanying  financial statements have been prepared  in  conformity
  with  generally  accepted accounting principles in the  United  States  of
  America, which contemplate continuation of the Company as a going concern.
  However, the Company has incurred losses since its inception and  has  not
  yet  been successful in establishing profitable operations.  Further,  the
  Company  has  current  liabilities in excess  of  current  assets.   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.

NOTE 8 - LOSS PER SHARE

  The  following data shows the amounts used in computing loss per share for
  the periods presented.
                                                                       From
                             For the Three        For the Nine      Inception
                             Months Ended         Months Ended     on August 1,
                             September 30,        September 30,    1995 Through
                         ____________________  ____________________ September
                           2003       2002        2003      2002     30, 2003
                         _________  _________  _________  _________  _________
 Loss from
   continuing operations
   (numerator)            $(1,266)  $      -    $(4,996)  $      -   $  (4,996)
 Loss from
   discontinued wine
   investment operations
   (numerator)                  -     (1,665)         -    (10,297)    (81,338)
 Gain (loss) on disposal
   of discontinued wine
   investment operations
   (numerator)                  -          -          -          -           -
 Loss from discontinued
   hair product
   marketing operations
   (numerator)                  -          -          -          -     (18,990)
 Gain on disposal of
   hair product
   marketing operations
   (numerator)                  -          -          -          -         690
                         _________  _________  _________  _________  _________
 Loss available to
   common shareholders
   (numerator)            $(1,266)   $(1,665)   $(4,996)  $(10,297)  $(104,634)
                         _________  _________  _________  _________  _________
 Weighted average number
   of common shares
   outstanding used
   in loss per share
   for the period
   (denominator)         1,250,000  1,250,000  1,250,000  1,250,000  1,115,627
                         _________  _________  _________  _________  _________

  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.

                                     -9-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


NOTE 9 - SUBSEQUENT EVENT

  Shareholder  Advance  -  In  October 2003, an officer/shareholder  of  the
  Company  made an additional advance of $197 to the Company.   The  advance
  bears no interest and is due on demand.

  Change  in Control - During September 2003, a majority shareholder of  the
  Company  sold a 70% interest in the Company's stock.  This resulted  in  a
  change in control of the Company.  The former sole officer and director of
  the  Company  resigned and a new officer and director was appointed.   The
  company  continues  to  pursue possible business  opportunities  including
  potential mergers and acquisitions.

  Letter of Intent - On October 17,  2003, the Company announced that it had
  entered  into  a Letter  of Intent   to acquire   all of  the issued  and
  outstanding common stock of The Holder Hospitality Group, LLC, a privately
  -held Nevada  business with  its  principal  headquarters located in Reno,
  Nevada.   The  proposed   acquisition is  subject  to certain  conditions
  including  the approval of the  transaction  by the Nevada Gaming Control
  Board.  The proposed acquisition, if  completed,  will  involve common and
  preferred  stock  issuances  which result in  a change in  control of the
  Company,  change of   management, change of  corporate name, change of
  corporate  headquarters and  other  significant  matters.  The Holder
  Hospitality Group owns the Silver Club Hotel & Casino in  Reno, Nevada and
  manages several casinos and hotels in rural Nevada. The Holder Hospitality
  Group is looking to continue its growth  thorough new construction and
  acquisitions.




                                    -10-
<PAGE>

ITEM 2:  MANAGEMENT'S DISCUSSION & ANALYSIS OR PLAN OF OPERATIONS

     Power Marketing, Inc., a development stage company, was incorporated
under the laws of the State of Delaware on August 1, 1995. The Company has
never generated any significant revenues from operations and is still
considered a development stage company.  Power Marketing was initially formed
to engage in the infomercial business marketing hair products.  In November-
December, 1999, management of Power Marketing decided to engage in the
business of wine investing, and raised additional capital for this purpose.
Neither business was successful and operations of both were eventually
discontinued.

PLAN OF OPERATIONS.

     Management's plan of operation for the next twelve months is to continue
to receive shareholder advances to provide general working capital. The
Company's current operating plan is to (i) handle the administrative and
reporting requirements of a public company, and (ii) search for potential
businesses, products, technologies and companies for acquisition.

     On October 17, 2003, Power Marketing, Inc. announced that it had entered
into a Letter of Intent to acquire all of the issued and outstanding common
stock of The Holder Hospitality Group, LLC, a privately-held Nevada business
with its principal headquarters located in Reno, Nevada.

     The proposed acquisition is subject to certain conditions including the
approval of the transaction by the Nevada Gaming Control Board.  The proposed
acquisition, if completed, will involve common and preferred stock issuances
which result in a change in control of the Company, change of management,
change of corporate name, change of corporate headquarters and other
significant matters.

     The Holder Hospitality Group owns the Silver Club Hotel & Casino in
Reno, Nevada and manages several casinos and hotels in rural Nevada. The
Holder Hospitality Group is looking to continue its growth through new
construction and acquisitions.

     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.  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 any necessary additional funds not provided by operations
through loans and/or through additional sales of its common stock.  Management
plans to maintain its filings and curtail operations and activities to keep it
in existence. This may require additional advances from stockholders to pay
accounting and legal fees associated with its filings. There is no assurance
that the Company will be successful in raising this additional capital or in
achieving profitable operations. The financial statements do not include any
adjustments that might result from the outcome of these uncertainties.

<PAGE>

ITEM 3. CONTROLS AND PROCEDURES.

     The issuer's principal executive officer or officers and principal
financial officer or officers, or persons performing similar functions, are
responsible for establishing and maintaining disclosure controls and
procedures (as such term is defined in paragraph (c) of Rule 15d-14) for the
issuer and have:

     designed such disclosure controls and procedures to ensure that material
information relating to the issuer, including its consolidated subsidiaries,
is made known to them by others within those entities, particularly during the
period in which the periodic reports are being prepared;

     evaluated the effectiveness of the issuer's disclosure controls and
procedures as of the end of the fiscal quarter (the "Evaluation Date").

     Based on their evaluation as of the Evaluation Date, their conclusions
about the effectiveness of the disclosure controls and procedures were that
nothing indicated:

     any significant deficiencies in the design or operation of internal
controls which could adversely affect the issuer's ability to record, process,
summarize and report financial data;

     any fraud, whether or not material, that involves management or other
employees who have a significant role in the issuer's internal controls; or

     any material weaknesses in internal controls that have been or should be
identified for the issuer's auditors and disclosed to the issuer's auditors
and the audit committee of the board of directors (or persons fulfilling the
equivalent function).

     Changes in internal controls. There were no significant changes in the
issuer's internal controls or in other factors that could significantly affect
these controls subsequent to the date of the evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.

                     PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

     The Company is not a party to any material pending legal proceedings. No
such action is contemplated by the Company nor, to the best of its knowledge,
has any action been threatened against the Company.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

     (a)  No instruments defining the rights of the holders of any class of
          registered securities have been materially modified.

<PAGE>

     (b)  No rights evidenced by any class of registered securities have
          been materially limited or qualified by the issuance or
          modification of any other class of securities.

     (c)  During the period covered by this report, there were not any
          securities that the issuer sold without registering the securities
          under the Securities Act.

     (d)  In February, 2000, the Company filed a registration statement on
          Form SB-2 with the U.S. Securities & Exchange Commission under the
          Securities Act of 1933, to register the distribution and exercise
          of warrants.  This registration statement was declared effective
          on June 22, 2000.  The warrants were distributed as soon as
          practicable after the date of the prospectus to common
          stockholders of record as of September 30, 1999. The warrants were
          exercisable at $1.00 per share, on or before June 30, 2002. The
          warrants have now expired, and no securities were ever sold
          pursuant to the offering.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

     There has not been any material default in the payment of principal,
interest, a sinking or purchase fund installment, or any other material
default not cured within 30 days, with respect to any indebtedness of the
issuer exceeding 5 percent of the total assets of the issuer.

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

     No matter has been submitted to a vote of security holders during the
period covered by this report, through the solicitation of proxies or
otherwise.

ITEM 5.  OTHER INFORMATION

     On October 17, 2003, Power Marketing, Inc. announced that it had entered
into a Letter of Intent to acquire all of the issued and outstanding common
stock of The Holder Hospitality Group, LLC, a privately-held Nevada business
with its principal headquarters located in Reno, Nevada.

     The proposed acquisition is subject to certain conditions including the
approval of the transaction by the Nevada Gaming Control Board.  The proposed
acquisition, if completed, will involve common and preferred stock issuances
which result in a change in control of the Company, change of management,
change of corporate name, change of corporate headquarters and other
significant matters.

     The Holder Hospitality Group owns the Silver Club Hotel & Casino in
Reno, Nevada and manages several casinos and hotels in rural Nevada. The
Holder Hospitality Group is looking to continue its growth through new
construction and acquisitions.

<PAGE>

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits required by Item 601 of Regulation S-B.

          31. Certifications required by Rules 13a-14(a) or 15d-14(a).

          32. Section 1350 Certifications

     (b)  Reports on Form 8-K.  A Form 8-K dated September 9, 2003 reporting
          Changes in Control of Registrant was filed during the quarter for
          which this report is filed.

<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.


                              Power Marketing, Inc.


Date: November 12, 2003            by:  /s/ John Furlong
                                   John Furlong, President & Director