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, 2004

                                  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 June 30, 2004:
1,750,000

<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, 2004


















<PAGE>



                           POWER MARKETING, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                  PAGE


        -    Unaudited Condensed Balance Sheets,
              June 30, 2004 and December 31, 2003                  2


        -    Unaudited Condensed Statements of Operations,
              for the three and six months ended June 30, 2004
              and 2003 and for the period from inception on
              August 1, 1995 through June 30, 2004                 3


        -    Unaudited Condensed Statements of Cash Flows,
              for the six months ended June 30, 2004
              and 2003 and for the period from inception on
              August 1, 1995 through June 30, 2004                 4


        -  Notes to Unaudited Condensed Financial Statements     5 - 9

<PAGE>

                      POWER MARKETING, INC.
                  [A Development Stage Company]

               UNAUDITED CONDENSED BALANCE SHEETS


                             ASSETS

                                           June 30,    December 31,
                                             2004          2003
                                         ___________   ___________
CURRENT ASSETS:
  Cash                                    $    1,850    $       -
                                         ___________   ___________
        Total Current Assets                   1,850            -
                                         ___________   ___________
                                          $    1,850    $       -
                                         ___________   ___________


         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Accounts payable                        $    2,500    $    2,035
  Advances payable - related party             4,837         4,837
                                         ___________   ___________
   Total Current Liabilities                   7,337         6,872
                                         ___________   ___________

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,
   1,750,000 and 1,250,000 shares
   issued and outstanding, respectively        1,750         1,250
  Additional paid-in capital                 108,247        98,747
  Deficit accumulated during the
    development stage                       (115,484)     (106,869)
                                         ___________   ___________
        Total Stockholders'
         Equity (Deficit)                     (5,487)       (6,872)
                                         ___________   ___________
                                          $    1,850    $        -
                                         ___________   ___________









Note: The balance sheet at December 31, 2003 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,
                          2004       2003       2004       2003      2004
                        ________   ________   ________   ________   ________
REVENUE                 $      -   $      -   $      -   $      -   $      -

EXPENSES:
  General and
   administrative          3,344      1,245      8,615      3,730     15,846
                        ________   ________   ________   ________   ________
LOSS BEFORE INCOME TAXES  (3,344)    (1,245)    (8,615)    (3,730)   (15,846)

CURRENT TAX EXPENSE            -          -          -          -          -

DEFERRED TAX EXPENSE           -          -          -          -          -
                        ________   ________   ________   ________   ________
LOSS FROM CONTINUING
  OPERATIONS              (3,344)    (1,245)    (8,615)    (3,730)   (15,846)
                        ________   ________   ________   ________   ________

DISCONTINUED OPERATIONS:
  Loss from operations of
   discontinued wine
   investment business
   (net of $0 in income
    taxes)                     -          -          -          -    (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                   -          -          -          -    (99,638)
                        ________   ________   ________   ________   ________

NET LOSS                $ (3,344)  $ (1,245)  $ (8,615)  $(3,730)  $(115,484)
                        ________   ________   ________   ________   ________

LOSS PER COMMON SHARE:
  Continuing operations $   (.00)  $   (.00)  $   (.01)  $   (.00)  $   (.01)
   Operations of
   discontinued
   wine investment
   business                    -          -          -          -       (.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)  $   (.01)  $   (.00)  $   (.10)
                        ________   ________   ________   ________   ________


 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 Ended      on August 1,
                                                  June 30,       1995 Through
                                            ____________________   June 30,
                                              2004       2003        2004
                                            _________  _________   _________
Cash Flows from Operating Activities:
 Net loss                                   $  (8,615) $  (3,730)  $(115,484)
 Adjustments to reconcile net loss to
  net cash used by operations:
  Amortization                                      -          -         500
  Impairment loss                                   -          -      23,036
  Changes in assets and liabilities:
   Increase in accounts payable                   465        770       2,500
   Increase in accrued
    interest - related party                        -          -       5,617
                                            _________  _________   _________
        Net Cash (Used) by
         Operating Activities                  (8,150)    (2,960)    (83,831)
                                            _________  _________   _________

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

Cash Flows from Financing Activities:
 Proceeds from sale of common stock            10,000          -      93,500
 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     122,787
 Payments on advances from related party            -          -    (117,950)
                                            _________  _________   _________
        Net Cash Provided (Used) by
         Financing Activities                  10,000      3,000     109,217
                                            _________  _________   _________
Net Increase (Decrease) in Cash                 1,850         40       1,850

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

Cash at End of Period                       $   1,850  $   1,839   $   1,850
                                            _________  _________   _________

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,
2004:
  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.  During 1996, the  Company
  discontinued  the marketing of hair products.  During  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 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, 2004 and 2003 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, 2003 audited financial statements.  The results  of
  operations for the periods ended June 30, 2004 and 2003  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. 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. 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 June 30, 2004 and December 31, 2003, 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 Six     From Inception
                            Months Ended        Months Ended      on August 1,
                              June 30,            June 30,       1995 Through
                        _________________________________________  June 30,
                          2004       2003       2004       2003      2004
                        ________   ________   ________   ________   ________
    Revenue             $      -   $      -   $      -   $      -   $      -
    General and
     administrative            -          -          -          -    (57,470)
    Impairment loss            -          -          -          -    (23,036)
    Interest expense           -          -          -          -       (876)
    Interest income            -          -          -          -         44
                        ________   ________   ________   ________   ________
    Net loss            $      -   $      -   $      -   $      -   $(81,338)
                        ________   ________   ________   ________   ________

                              -6-
<PAGE>

                      POWER MARKETING, INC.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 3 - IMPAIRMENT LOSS ON 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 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.

  During the year ended December 31, 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
  June 30, 2004 and December 31, 2003.

  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 sale of stock amounted to $5,000 (or $.10  per
  share).    Stock  offering  costs  offset  against  the  proceeds
  amounted to $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).

  During  January 2004, the Company issued 500,000  shares  of  its
  previously authorized but unissued common stock.  Total  proceeds
  from the sale of stock amounted to $10,000 (or $.02 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
  June 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 June 30, 2004 unused operating loss
  carryforwards  of  approximately $86,000  which  may  be  applied
  against  future taxable income and which expire in various  years
  through  2024  and  a capital loss carryforward of  approximately
  $23,000  which  may be applied against future capital  gains  and
  which expires in 2007.  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
  $16,400  and $15,000 as of June 30, 2004 and December  31,  2003,
  respectively, with an offsetting valuation allowance of the  same
  amount  resulting  in  a  change in the  valuation  allowance  of
  approximately $1,400 during the six months ended June 30, 2004.

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 six months ended June 30,  2004,
  an  officer/shareholder of the Company made no  advances  to  the
  Company.   Advances have been used to pay Company  expenses.   At
  June    30,    2004,   the   Company   owes   $4,837    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  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.

                           For the Three        For the Six     From Inception
                            Months Ended        Months Ended      on August 1,
                              June 30,            June 30,       1995 Through
                        _________________________________________  June 30,
                          2004       2003       2004       2003      2004
                        ________   ________   ________   ________   ________
    Loss from continuing
     operations
    (numerator)         $ (3,344)  $ (1,245)  $ (8,615)  $ (3,730)  $(15,846)
    Loss from
     discontinued wine
     investment
     operations
     (numerator)               -          -          -          -    (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)        $ (3,344)  $ (1,245)  $ (8,615)  $ (3,730) $(115,484)
                        ________   ________   ________   ________   ________
    Weighted average
     number of common
     shares outstanding
     used in loss per
     share for the
     period
     (denominator)     1,750,000  1,250,000  1,667,582  1,250,000  1,150,276
                        ________   ________   ________   ________   ________

  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>

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 was subject to
certain conditions including the approval of the transaction by the Nevada
Gaming Control Board.  The proposed acquisition, if completed, would have
involved 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.  On March 1, 2004,
Power Marketing, Inc. announced that it had canceled the Letter of Intent to
acquire all of the issued and outstanding common stock of The Holder
Hospitality Group. The Company is not presently engaged in any significant
business activities and has no operations. Presently the Company's principal
activity has been to investigate potential acquisitions. However, the Company
has not located any other suitable potential business acquisition and has no
plans, commitments or arrangements with respect to any potential business
venture. There is no assurance the Company could become involved with any
business venture, especially any business venture requiring significant
capital.

     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 defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the issuer and have:

     designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under their supervision,  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;

     designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under their
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

     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 control over financial reporting. There was no
significant change in the issuer's internal control over financial reporting
that occurred during the most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the issuer's internal
control over financial reporting.

                     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.

<PAGE>

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.

     (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)  On January 30, 2004, the Company resolved to issue 500,000 shares
          of its authorized but previously unissued common stock for $10,000
          cash, to be used to provide working capital to discharge
          outstanding payables and pay anticipated expenses. This increased
          the total issued and outstanding common stock to 1,750,000 shares.
          The Company issued these shares in reliance upon the exemption
          provided by Section 4(2) under the Securities Act, for
          transactions by an issuer not involving any public offering. No
          public solicitation was employed, the purchasers bought the
          securities with investment intent and the securities are
          restricted securities as that term is defined in Rule 144.

     (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 was subject to certain conditions including the approval of the
transaction by the Nevada Gaming Control Board.  The proposed acquisition, if
completed, would
<PAGE>
have involved 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.

     On March 1, 2004, Power Marketing, Inc. announced that it had canceled
the Letter of Intent to acquire all of the issued and outstanding common stock
of The Holder Hospitality Group.    The Company is not presently engaged in
any significant business activities and has no operations. Presently the
Company's principal activity has been to investigate potential acquisitions.
However, the Company has not located any other suitable potential business
acquisition and has no plans, commitments or arrangements with respect to any
potential business venture. There is no assurance the Company could become
involved with any business venture, especially any business venture requiring
significant capital.

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.  No reports on Form 8-K were 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: August 16, 2004              by:     /s/ John Furlong
                                   John Furlong, President & Director