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:  June 30, 2001

                                  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.)


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

                            (801) 364-9262
         (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),                     YES [X]  NO [ ]

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 June 30, 2001:
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

                               JUNE 30, 2001














<page>







                           POWER MARKETING, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                    PAGE


        - Unaudited Condensed Balance Sheets, June 30, 2001
            and December 31, 2000                                      2


        - Unaudited Condensed Statements of Operations, for the
            three and six months ended June 30, 2001 and 2000 and
            for the period from inception on August 1, 1995 through
            June 30, 2001                                              3

        - Unaudited Condensed Statements of Cash Flows, for the
            six months ended June 30, 2001 and 2000 and for
            the period from inception on August 1, 1995 through
            June 30, 2001                                              4

        - Notes to Unaudited Condensed Financial Statements          5-8





<page>


                           POWER MARKETING, INC.
                       [A Development Stage Company]

                    UNAUDITED CONDENSED BALANCE SHEETS




                                  ASSETS


                                           June 30,    December 31,
                                             2001          2000
                                         ___________   ___________
CURRENT ASSETS:
  Cash                                    $      531    $   1,267
  Investment                                 153,571      153,571
                                         ___________   ___________
        Total Current Assets                 154,102      154,838
                                         ___________   ___________
                                          $  154,102    $ 154,838
                                         ___________   ___________


                   LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:
  Accounts payable                        $    1,820    $    1,020
  Advances payable-related party             113,750       110,500
                                         ___________   ___________
   Total Current Liabilities                 115,570       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 shares issued and
   outstanding                                 1,250         1,250
  Additional paid-in capital                  98,747        98,747
  Deficit accumulated during the
    development stage                       (61,465)      (56,679)
                                         ___________   ___________
        Total Stockholders' Equity             38532        43,318
                                         ___________   ___________
                                          $  154,102    $  154,838
                                         ___________   ___________




Note: The balance sheet at December 31, 2000 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 Six    From Inception
                            Months Ended      Months Ended     on August 1,
                             June 30,           June 30,      1995 Through
                        __________________ __________________    June 30,
                           2001    2000     2001     2000          2001
                        ________ _________ _________ ________ ____________
REVENUE                $      -  $      -  $      -  $     -  $       -
                        ________ _________ _________ ________ ____________
EXPENSES:
  General and
   Administrative         2,635     1,050     4,830    5,059     42,377
                        ________ _________ _________ ________ ____________
   Total Expenses        (2,635)   (1,050)   (4,830)  (5,059)   (42,377)
                        ________ _________ _________ ________ ____________
LOSS FROM OPERATIONS     (2,635)   (1,050)   (4,830)  (5,059)   (42,377)
                        ________ _________ _________ ________ ____________
OTHER INCOME (EXPENSE):
  Interest expense            -    (1,733)        -   (3,465)      (876)
  Interest income             -         -         -        -         44
  Miscellaneous income        -         -        44        -         44
                        ________ _________ _________ ________ ____________
  Total Other Income
    (Expense)                 -    (1,733)       44   (3,465)      (788)
                        ________ _________ _________ ________ ____________
LOSS BEFORE
INCOME TAXES             (2,635)   (2,783)   (4,786)  (8,524)   (43,165)

CURRENT TAX EXPENSE           -         -         -        -          -

DEFERRED TAX EXPENSE          -         -         -        -          -
                        ________ _________ _________ ________ ____________
INCOME (LOSS) FROM
CONTINUNING
OPERATIONS               (2,635)   (2,783)   (4,786)  (8,524)   (43,165)
                        ________ _________ _________ ________ ____________
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                $(2,635) $ (2,783) $ (4,786) $(8,524) $ (61,465)
                        ________ _________ _________ ________ ____________


LOSS PER COMMON SHARE:
  Continuing operations $  (.00) $   (.00) $  (.00)  $  (.00) $    (.04)
  Discontinued
    operations                -         -        -         -       (.02)
                        ________ _________ _________ ________ ____________
     Loss per common
       share            $  (.00) $   (.00) $  (.00)  $  (.00) $    (.06)
                        ________ _________ _________ ________ ____________



 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 Six      From Inception
                                             Months Endedon      August 1,
                                               June 30,        1995 Through
                                         ___________________    June 30,
                                            2001        2000      2001
                                         __________ __________ ____________

Cash Flows From Operating Activities:
 Net loss                                $  (4,786) $  (8,524) $  (61,465)
 Adjustments to reconcile net loss to
   net cash used by operating activities:
  Amortization                                   -          -         500
  Changes in assets and liabilities:
    Increase (Decrease) in accounts
      payable                                  800      1,050       1,820
    Decrease (Increase) in prepaid
      expenses                                   -     (5,000)          -
    Increase (Decrease) in accrued
      interest-related party                     -      3,465       5,617
                                         __________ __________ ____________
     Net Cash Provided (Used) by
       Operating Activities                 (3,986)    (9,009)    (53,528)
                                         __________ __________ ____________
Cash Flows From Investing Activities:
 Organization costs                              -          -        (500)
 Purchase investment                             -          -    (153,571)
                                         __________ __________ ____________
    Net Cash Provided (Used) by
      Investing Activities                       -          -    (154,071)
                                         __________ __________ ____________
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                 3,250          -     113,750
                                         __________ __________ ____________
     Net Cash Provided by Financing
       Activities                            3,250          -     208,130
                                         __________ __________ ____________
Net Increase (Decrease) in Cash               (736)    (9,009)        531

Cash at Beginning of Period                  1,267     12,356           -
                                         __________ __________ ___________
Cash at End of Period                    $     531  $   3,347  $      531
                                         __________ __________ ___________
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 June 30, 2001:
  On September 5, 2000, the Company settled a related party debt consisting
  of a note and accrued interest payable of $121,466 for $100,000.  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  - 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.   The
  Company  has, at the 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  June 30, 2001 and 2000 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  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,  2000
  audited  financial statements.  The results of operations for  the  periods
  ended June 30, 2001 are not necessarily indicative of the operating results
  for the full year.

  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.

  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.

  Cash and Cash Equivalents- 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.



-5-
<page>


                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

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 June 30, 2001 and December 31, 2000.

  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 shares 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  June  30,  2001,  unused  operating  loss
  carryforwards of approximately $61,500 which may be applied against  future
  taxable income and which expire in various years through 2021.  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  $20,900  as of June 30, 2001, with an  offsetting  valuation
  allowance  of  the  same  amount resulting in a  change  in  the  valuation
  allowance  of  approximately $1,700 during the six months  ended  June  30,
  2001.



-6-
<page>


                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 5 - RELATED PARTY TRANSACTIONS

  Management  Compensation  - Officers and directors  have  not  devoted  any
  significant amount of 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.

  Shareholder  Advance - A shareholder and officer of the  Company  has  made
  advances  to the Company totaling $3,250 during the six months  ended  June
  30,  2001.   Total  advances outstanding as of  June  30,  2001  amount  to
  $113,750.   These  advances were used to pay for notes  payable  and  other
  Company expenses.  The advances are non-interest bearing.

  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  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.




-7-
<page>


                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 8 - LOSS PER SHARE

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

                           For the Three       For the Six     From Inception
                            Months Ended       Months Ended     on August 1,
                              June 30,           June 30,      1995 Through
                          _________________ ____________________  June 30,
                            2001     2000      2001      2000       2001
                          ________ ________ __________ _________ _________
    Loss from continuing
    operations available to
    common shareholders
    (numerator)          $ (2,635) $ (2,783) $ (4,786) $ (8,524) $(43,165)
                         _________ _________ _________ _________ _________
    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 1,250,000 1,250,000 1,250,000 1,064,491
                         _________ _________ _________ _________ _________

  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 June 30, 2001, which were
  not  used  in  the calculation of loss per share as their effect  is  anti-
  dilutive.


-8-

<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.  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.

     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.  At that time
the Company became subject to the information requirements of the Securities
Exchange Act of 1934.  The warrants were distributed as soon as practicable
after the date of the prospectus to common stockholders of record as of
September 30, 1999. No securities have yet been sold pursuant to exercise of
warrants in this offering.

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 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
<page>
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.

                     PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

     None.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

     (a)  None.

     (b)  None.

     (c)  See Part I, Item 1 (financial statements) and Item 2 (management's
          discussion) for financial information and a discussion regarding
          use of proceeds.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

     None.

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

     None.

ITEM 5.  OTHER INFORMATION

     None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

     None

<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: August 14, 2001                    by:   /s/ Lynn Dixon
                                   Lynn Dixon, President & Director