SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

                           FORM 10-KSB
    ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
                      EXCHANGE ACT OF 1934

For the year ended April 30, 2000  Commission File No. 000-30074






                 INTERNETFINANCIALCORP.COM, INC.
     (Exact name of registrant as specified in its charter)



Nevada                                            86-0871787
(State of organization) (I.R.S. Employer Identification No.)

2080 E. Flamingo Rd., Suite 112, Las Vegas, NV  89119
(Address of principal executive offices)

Registrant's telephone number, including area code (702) 650-5660

Securities registered under Section 12(g) of the Exchange Act:
     Common stock, $0.001 par value per share

Check whether the issuer (1) filed all reports required to be
file by Section 13 or 15(d) of the Exchange Act during the past
12 months and (2) has been subject to such filing requirements
for the past 90 days.  No X

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

Issuer's Revenue during the year ended April 30, 2000:      $0

As  of June 20, 2000, the registrant had 15,000,000 shares of its
common  stock,  $0.001 par value, outstanding.  Aggregate  market
value  of  the voting and non-voting common equity held  by  non-
affiliates based on the price of $3.50 per share (the selling  or
average bid and asked price) as of April 30, 2000: $52,500,000.

              DOCUMENTS INCORPORATED BY REFERENCE:

The Company's amended Form 10-SB/A, filed on August 11, 1999, and
the exhibits attached thereto, are incorporated by reference.

                             PART I

ITEM 1.   DESCRIPTION OF BUSINESS

                           Background

Internetfinancialcorp.com,  Inc.  (the  "Company")  is  a  Nevada
corporation  formed  on April 28, 1997 as Dom  Caribe,  Ltd.  Its
principal  place of business is located at 2080 E. Flamingo  Rd.,
Suite  112, Las Vegas, NV  89119. On July 1, 1998, the  Board  of
Directors  changed the name from Dom Caribe, Ltd.,  to  Caribbean
Ventures,  Inc. On February 11, 2000, the Company  again  changed
its name to Internetfinancialcorp.com, Inc.

On  February  11,  2000, the Company's common stock  underwent  a
forward  stock  split on a 5:1 basis for all record shareholders,
increasing the then issued and outstanding shares from  3,000,000
common shares to 15,000,000 common shares.

The Company was formed to locate and purchase a piece of property
or  properties  in the Caribbean, (Belize) for development  of  a
Scuba   Dive  Resort/Facility.  On  May  1,  1997,  the   Company
authorized 3,000,000 shares of its common stock, par value $0.01,
to  be  issued  in  consideration for services  rendered  to  the
Company.  The Company was unable to raise sufficient  funding  to
pursue  that  objective,  and therefore  abandoned  its  original
business plan.

On February 11, 2000, the Board of Directors elected to implement
the  Company's principal business purpose, described below  under
"Item  6,  Plan  of  Operation". The  Company  is  still  in  its
development stage and has not generated any revenues.

The   Company   has   a  web-site  which  can   be   visited   at
www.internetfinancialcorp.com

ITEM 2.   DESCRIPTION OF PROPERTY.

The  Company  neither owns nor leases any real property  at  this
time. The Company does have the use of a limited amount of office
space  from  its Resident Agent, at no cost to the  Company,  and
Management expects this arrangement to continue. The Company pays
its  own  charges  for long distance telephone  calls  and  other
miscellaneous  secretarial, photocopying, and  similar  expenses.
This  is  a verbal agreement between the Resident Agent  and  the
Board of Directors.

ITEM 3.   LEGAL PROCEEDINGS

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

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

No such matters were submitted during the most recent quarter.

                             PART II

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

The  Company's  common  stock is quoted on  the  over-the-counter
market in the United States under the symbol IFAN. Management has
not  undertaken  any discussions, preliminary or otherwise,  with
any prospective market maker concerning the participation of such
market maker in the after-market for the Company's securities and
management does not intend to initiate any such discussions until
such time as the Company has consummated a merger or acquisition.
There is no assurance that a trading market will ever develop or,
if such a market does develop, that it will continue.

After  a merger or acquisition has been completed, any or all  of
the  Company's  officers and directors will most  likely  be  the
persons to contact prospective market makers. It is also possible
that  persons associated with the entity that merges with  or  is
acquired  by the Company will contact prospective market  makers.
The  Company does not intend to use consultants to contact market
makers.

                          Market Price

The  Company's  common  stock is quoted on  the  over-the-counter
market in the United States under the symbol IFAN. The quotations
reflect inter-dealer prices, without retail mark-up, mark-down or
commission and may not represent actual transactions.
            <TABLE>
            <S>               <C>        <C>
            Qtr. Ended        Low/Bid    High/Ask
            April 30, 2000    3.50       4.50
            </TABLE>

Source: America Online.

The  Company's common stock is considered a "penny  stock"  under
the Commission rules.

Effective August 11, 1993, the Securities and Exchange Commission
adopted Rule 15g-9, which established the definition of a  "penny
stock,"  for  purposes  relevant to the Company,  as  any  equity
security that has a market price of less than $5.00 per share  or
with  an exercise price of less than $5.00 per share, subject  to
certain exceptions. For any transaction involving a penny  stock,
unless  exempt,  the rules require: (i) that a broker  or  dealer
approve a person's account for transactions in penny stocks;  and
(ii)  the  broker or dealer receive from the investor  a  written
agreement  to  the  transaction, setting forth the  identity  and
quantity of the penny stock to be purchased. In order to  approve
a  person's account for transactions in penny stocks, the  broker
or  dealer  must (i) obtain financial information and  investment
experience  and  objectives  of  the  person;  and  (ii)  make  a
reasonable  determination that the transactions in  penny  stocks
are  suitable  for  that  person and that person  has  sufficient
knowledge  and experience in financial matters to be  capable  of
evaluating the risks of transactions in penny stocks. The  broker
or  dealer must also deliver, prior to any transaction in a penny
stock,  a disclosure schedule prepared by the Commission relating
to  the  penny stock market, which, in highlight form,  (i)  sets
forth  the  basis  on  which  the  broker  or  dealer  made   the
suitability  determination; and (ii) that the  broker  or  dealer
received  a signed, written agreement from the investor prior  to
the  transaction. Disclosure also has to be made about the  risks
of  investing  in  penny stocks in both public offerings  and  in
secondary  trading,  and about commissions payable  to  both  the
broker-dealer   and   the   registered  representative,   current
quotations  for  the  securities  and  the  rights  and  remedies
available  to  an  investor in cases  of  fraud  in  penny  stock
transactions.  Finally,  monthly  statements  have  to  be   sent
disclosing recent price information for the penny stock  held  in
the  account  and  information on the  limited  market  in  penny
stocks.

The   National  Association  of  Securities  Dealers,  Inc.  (the
"NASD"),  which administers NASDAQ, has recently made changes  in
the  criteria for initial listing on the NASDAQ Small Cap  market
and  for  continued listing. For initial listing, a company  must
have net tangible assets of $4 million, market capitalization  of
$50  million  or  net  income of $750,000 in  the  most  recently
completed  fiscal year or in two of the last three fiscal  years.
For  initial listing, the common stock must also have  a  minimum
bid price of $4 per share. In order to continue to be included on
NASDAQ, a company must maintain $2,000,000 in net tangible assets
and  a $1,000,000 market value of its publicly-traded securities.
In addition, continued inclusion requires two market-makers and a
minimum bid price of $1.00 per share.

Management intends to strongly consider undertaking a transaction
with  any  merger or acquisition candidate which will  allow  the
Company's   securities  to  be  traded  without   the   aforesaid
limitations.  However, there can be no assurances  that,  upon  a
successful  merger or acquisition, the Company will  qualify  its
securities for listing on NASDAQ or some other national exchange,
or  be  able  to maintain the maintenance criteria  necessary  to
insure  continued listing. The failure of the Company to  qualify
its securities or to meet the relevant maintenance criteria after
such qualification in the future may result in the discontinuance
of  the  inclusion  of  the Company's securities  on  a  national
exchange.  In  such  events, trading, if any,  in  the  Company's
securities  may  then continue in the non-NASDAQ over-the-counter
market. As a result, a shareholder may find it more difficult  to
dispose  of,  or to obtain accurate quotations as to  the  market
value of, the Company's securities.

                             Holders

There  are  41 holders of the Company's Common Stock. On  May  1,
1997,  the  Company  authorized 3,000,000 shares  of  its  common
stock,  par  value  $0.01,  to  be issued  in  consideration  for
services  rendered  to  the Company. On February  11,  2000,  the
Company's common stock underwent a forward stock split on  a  5:1
basis for all record shareholders, increasing the then issued and
outstanding  shares  from 3,000,000 common shares  to  15,000,000
common  shares. All of the issued and outstanding shares  of  the
Company's  Common  Stock  were  issued  in  accordance  with  the
exemption  from  registration afforded by  Section  4(2)  of  the
Securities Act of 1933.

                            Dividends

The  Registrant has not paid any dividends to date,  and  has  no
plans to do so in the immediate future.

            Recent Sales of Unregistered Securities.

With  respect to the issuances and transfers made, the Registrant
relied on Section 4(2) of the Securities Act of 1933, as amended.
No  advertising or general solicitation was employed in  offering
the  shares. The securities were offered for investment only  and
not  for  the purpose of resale or distribution, and the transfer
thereof was appropriately restricted.

On  May  1, 1997, the Company authorized 3,000,000 shares of  its
common stock, par value $0.01, to be issued in consideration  for
services  rendered  to  the Company. On February  11,  2000,  the
Company's common stock underwent a forward stock split on  a  5:1
basis for all record shareholders, increasing the then issued and
outstanding  shares  from 3,000,000 common shares  to  15,000,000
common shares.

In general, under Rule 144 adopted pursuant to the Securities Act
of  1933,  a person (or persons whose shares are aggregated)  who
has   satisfied   a  one  year  holding  period,  under   certain
circumstances, may sell within any three-month period a number of
shares  which does not exceed the greater of one percent  of  the
then  outstanding  Common  Stock or the  average  weekly  trading
volume  during the four calendar weeks prior to such  sale.  Rule
144 also permits, under certain circumstances, the sale of shares
without  any quantity limitation by a person who has satisfied  a
two-year holding period and who is not, and has not been for  the
preceding three months, an affiliate of the Company.

ITEM 6.   MANAGEMENT'S PLAN OF OPERATION

NOTE REGARDING PROJECTIONS AND FORWARD LOOKING STATEMENTS

This  statement  includes  projections  of  future  results   and
"forward-looking statements" as that term is defined  in  Section
27A  of  the  Securities Act of 1933 as amended (the  "Securities
Act"), and Section 21E of the Securities Exchange Act of 1934  as
amended (the "Exchange Act"). All statements that are included in
this  filing,  other  than  statements of  historical  fact,  are
forward-looking  statements.  Although Management  believes  that
the  expectations  reflected in these forward-looking  statements
are  reasonable, it can give no assurance that such  expectations
will  prove  to have been correct. Important factors  that  could
cause  actual  results to differ materially from the expectations
are  disclosed in this Statement, including, without  limitation,
in conjunction with those forward-looking statements contained in
this Statement.

                        Plan of Operation

The  Company  has  a  mandate  to develop,  acquire  or  incubate
companies   specializing   in  the  financial   online   Internet
marketplace.     The  Company  will  apply  its  management   and
financial  expertise  to  assist these  businesses  in  achieving
success and profitability.   By building and sharing investor and
financial professional databases and online tools with the entire
group,  the Company will create an environment of synergy to  the
benefit of everyone.

The  Company  will also create an Investment Portal website  that
will  act  as the hub to its other companies websites and  online
investor   tools.   The  Company  will  offer  active   investors
dynamically  updating real-time stock quotes,  HTML  based  news,
market newsletters and message boards that can be accessed  by  a
stock  symbol or category and from each viewer's custom portfolio
and message center.

The  site will offer fee based services which will include an on-
line  course  in  day trading and an investor's  club,  providing
"members  only"  with  daily stock picks  and  investment  sector
newsletters  and a book store to purchase financial  and  trading
books  giving  access  to  a  large audience  of  North  American
investors.   Anticipated daily site visitation rate   -  100,000+
users.   The  site will focus on real-time quotes  (Standard  and
Poors  Comstock  Feed),  current news,  exchange  rates,  company
financial  reports and prospectuses, and a list of weekly  IPO's,
all  of  which  have  North  American content.   New  and  useful
information will be added or updated on a daily basis.  E-mail is
the  primary vehicle, being a powerful, flexible, marketing  tool
able  to  reach  a  local  or worldwide  audience  instantly  and
inexpensively.

This  will give the Company a marketing tool on hundreds of North
American  financial websites.  Using the principles  of  database
marketing, the addresses of all responders are gathered and added
to  a  growing  list of well-defined individuals.  This  database
gives  the Company a real competitive marketing advantage  and  a
major asset for increasing value.

To generate opt-in members, pertinent content will be provided to
each  user in the form of daily and weekly reports regarding  the
users'   personal   selections  and  their   portfolio   choices.
Customizable  features to be selected by the user  include  North
American  Market  Report, North American  Daily  Closing  Report,
North   American  IPO  Weekly,  Weekly  Mailer  of  Hot   Stocks,
customized  e-mail with the subscriber's closing portfolio  value
and weekly report of up coming IPO's.  There will also be instant
lookup  features  which will allow the visitor to  customize  web
pages  for  themselves  including  real-time  lookups  for  North
American  stocks,  real-time  tracking  of  the  users'  personal
portfolio  and a customizable web page available as a  home  page
for  the  individual  to set up on-line and  receive  information
specific to their personal needs.

The  Company is also developing an Internet Communications Portal
called Broker2Client.com that allows financial professionals  and
brokers  to  have a dynamic and interactive real-time  connection
with their clients.

Broker2Client.com  will provide brokers with an  interactive  web
presence,  through  proprietary portal software  and  information
feeds,  that  allow them to set up quickly and easily  their  own
seemingly proprietary communications portal.

The Company plans to provide services beyond the expectations  of
its  customers.   We  will have the ability to  draw  and  retain
subscribers   through  our  on-line  community  portal   to   the
investment community.  Experienced individuals both in management
and  sales  will manage the site and will have the capability  to
drive  the  revenues forward in the new millennium.  The  website
will incorporate a very user-friendly interface with cutting-edge
technology.

As  the investments industry changes over the next few years, the
Company will seek further opportunities to grow its profits.

The on-line community we are building will provide us with e-mail
addresses  and demographic profiles from which we  can  sell  our
services.  the Company's initial drive will be to build a leading
edge  site  to  draw-in  investors and brokers.   There  will  be
various features catering to all types of investors.

We  will be selling our services to small cap companies,  but  in
the near future we wish to further sell our services to large cap
companies.

Since we sell our services to both companies and subscribers,  we
have  two  customer  profiles:   Corporate  customers  which  are
typically   up  and  coming  small  cap  companies   wanting   an
opportunity to offer to the world what they can provide.  It will
be  our job to make sure that as many investors as possible  know
about   them;  and  subscriber  customers  which  are   typically
investors  wanting  the  latest  information  on  up  and  coming
companies.

The   Company  will  be  unique  in  that  it  will   provide   a
comprehensive range of free services and information for a market
that  is  virtually  wide  open:  North  America.   Most  of  the
competition  comes  from North American companies  that  see  the
North  American  market as getting saturated  which  are  looking
abroad to expand.

One  competitor, Quote.com was recently purchased by  the  search
engine  portal  Lycos (LCOS) for approximately  US$78.3  million.
The  website  provides  quotes  to  approximately  150  affiliate
financial sites.  Acquiring Quote.com ensures that the 30 million
monthly Internet users that visit Lycos have access to all of the
Quote.com   financial  services.   The  deal   will   attract   a
demographic  of  loyal users that would provide opportunities  to
Lycos'  advertising and commerce partners.  One existing  feature
of   the  Quote.com  site  is  MyQuote.com,  which  is  a   fully
customizable  financial  homepage  and  portfolio  tracker.   The
combination  of  such  features and education  have  attracted  a
community of 1 million investors who utilize Quote.com's features
each month.

Freerealtime.com (FRTL.OB) is another competitor but concentrates
only  on  North  American  markets at  the  present  time.   They
currently   have   over   700,000  subscribers   and   a   market
capitalization of US$44.8 million.

Stockpoint.com  provides similar real time quotes,  but  only  in
North America.  This is not a publicly traded corporation.

Stockgroup.com  (SWEB.OB)  is  a  company  that  profiles   other
corporations   on   their   website(s).    One   such   site   is
www.smallcapcenter.com, which was recently rated the "best of the
Net"  for October, 1999 by About.com's "Investing Canada".   This
company has a market capitalization of US$19 million.

An affiliate program will offer all web based financial sites,  a
feature  unique for them, REAL TIME QUOTES of trading  stocks  on
North  American Exchanges.  This unique feature will attract  and
keep   many   online   investors  at  the  offering   sites   and
substantially increase traffic to our affiliates' websites.

An  agreement with affiliate sites will allow us to post a number
of  "click-through" banners on their sites. These banners,  which
we will sell, will generate substantial revenue for the Company.

Additional  revenue, and a long-term asset, will be made  through
the  creation  of  an  opt-in e-mail database  of  investors  and
financial  professionals which would be rented to  the  Company's
qualifying  clients. As this database quickly grows  through  the
substantial traffic generated from our affiliates offering  "free
real  time  quotes", it will ultimately become the most  valuable
asset of the company.

The  main feature of our website for attracting visitors will  be
free  real-time stock quotes.  Traditionally, this service  would
have  to be paid for but we will be offering it free in order  to
attract  and  retain visitors to our websites.  Subscribers  will
then  be able to establish a portfolio of favorite stocks in  our
Portfolio Tracker area of Member Services.

In  order for the Company to provide Free Real-Time Quotes to its
visitors, the company plans to purchase the service from Standard
and  Poors  Comstock.  This service is provided via  a  satellite
link  with their transmitters.  The data is in a streaming format
being  constantly fed into the Client Site Processor, which  will
be connected to our servers.  On these servers, we will store our
software  applications,  databases of archived  and  non-archived
information,  and hosted financial website pages. The  connection
to the Internet is made through our servers.

Subscribers wishing to access Free Real-Time Stock Quotes will be
able  to do so from any of our clients' websites or our own after
filling an agreement as required by the securities regulators  of
North America.

                     Regulation and Taxation

The  Investment Company Act of 1940 classifies as an  "investment
company"  an  issuer which (a) is or holds itself  out  as  being
engaged  primarily in the business of investing,  reinvesting  or
trading  securities, or (b) is engaged or proposes to  engage  in
the  business  of  investing, reinvesting,  owning,  holding,  or
trading in securities, and owns or proposes to acquire investment
securities  having a value exceeding 40 percent of the  value  of
its total assets. While the Company does not intend to engage  in
such  activities,  the Company may obtain  and  hold  a  minority
interest  in  a  number  of development  stage  enterprises.  The
Company  could be expected to incur significant registration  and
compliance  costs  if required to register under  the  Investment
Company  Act  of 1940. Accordingly, management will  continue  to
review  the  Company's activities from time to time with  a  view
toward reducing the likelihood the Company could be classified as
an "investment company".

The  Company intends to structure a merger or acquisition in such
manner  as to minimize Federal and state tax consequences to  the
Company and to any target company.

                            Employees

The Company's only employees at the present time are its officers
and  directors,  who will devote as much time  as  the  Board  of
Directors determine is necessary to carry out the affairs of  the
Company. (See "Item 9").

                      Current Developments

On  June  16, 2000 the Company accepted the resignation  of  Theo
Sanidas  as  an  officer and director of the  Company,  effective
immediately.  The remaining members of the board decided  not  to
immediately  fill  the vacancy left by Mr. Sanidas'  resignation.
Mr.  Morginn, the Company's secretary, treasurer and a member  of
the board, was appointed as president of the Company.

ITEM 7.   FINANCIAL STATEMENTS.

The  financial statements and supplemental data required by  this
Item 7 follow the index of financial statements appearing at Item
13 of this Form 10-SB.

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

The  Registrant has not changed accountants since its  formation,
and  Management has had no disagreements with the findings of its
accountants.

                            PART III

ITEM 9.   DIRECTORS,  EXECUTIVE OFFICERS, PROMOTERS, AND  CONTROL
          PERSONS

DIRECTORS AND EXECUTIVE OFFICERS.

The  members of the Board of Directors of the Company serve until
the  next  annual  meeting of the stockholders,  or  until  their
successors have been elected. The officers serve at the  pleasure
of the Board of Directors.

There are no agreements for any officer or director to resign  at
the  request  of  any other person, and none of the  officers  or
directors  named  below  are acting  on  behalf  of,  or  at  the
direction of, any other person.

The  Company's officers and directors will devote their  time  to
the  business  on  an  "as-needed" basis, which  is  expected  to
require 5-10 hours per month.

Information  as  to the directors and executive officers  of  the
Company is as follows:

<TABLE>

<S>                      <C>    <C>

Name/Address             Age    Position
Lance Morginn            27     President/Secretary/Treasurer/Direc
3245 16th Ave. E.               tor
Vancouver, BC V5M 2M8
Silvio Forigo            36     Director
Heritage Ventures Ltd.
615 11 Ave SE, Suite
204
Calgary, AB T2G0Y8
</TABLE>

Lance Morginn, President(1)/Secretary/Treasurer/Director

Lance  Morginn  has been an officer and director of  the  Company
since February 11, 2000.

Mr.  Morginn  founded MediaNet Solutions, a Vancouver  based  Web
Development  Company  in  April  1996.  Under  Lance's  guidance,
MediaNet  Solutions received worldwide recognition  from  leading
software  companies  and  grossed over  1.5  million  dollars  in
revenues  in  just two years. As a tie-in to MediaNet  Solutions,
Mr.  Morginn  also initiated a portal production  project,  which
attracted  a  large  pool  of investment  funds.  Other  projects
included  the production of a leading North American Y2K software
package capable of physically updating a computer's CPU.

For  the  last  year  he has been an Officer of  Wsi  Interactive
Corporation.  Wsi is an innovative Internet business  development
and  marketing firm, whose objective is to capitalize on business
opportunities  on the Internet. Wsi builds, manages  and  markets
online  businesses  using its unique combination  of  technology,
marketing  and  venture  capital  to  build  successful   on-line
ventures.

Mr.  Morginn  holds a certificate from the Vancouver Firm  School
multi-media   program.  He  is  trained  in  various  multi-media
computer  programs  used specifically for  the  Firlm  and  Video
Industry.

Silvio Forigo; Director

Silvio  Forigo has been a director of the Company since  February
11, 2000.

Currently CEO and Director of Heritage Ventures Ltd. and has been
a  founding member since 1988. Heritage Ventures Ltd.  (HVL)  was
one  of  the  first JCP approved on the Alberta  Stock  Exchanges
(ASE). Heritage is a technology-based company that takes new high-
tech  products  to  market. Mr. Forigo has  served  as  Director,
President and CEO of a number of their public companies  and  has
gained a sound knowledge of corporate restructuring, mergers  and
acquisitions.

Note  (1):  Mr. Lance Morginn has been President of  the  Company
since  June  16,  2000, when Mr. Theo Sanidas resigned  from  his
positions as an officer and a director.

ITEM 10.  EXECUTIVE COMPENSATION

None  of  the  Company's  officers and/or directors  receive  any
compensation  for  their  respective  services  rendered  to  the
Company,  nor have they received such compensation in  the  past.
They have agreed to act without compensation until authorized  by
the  Board  of  Directors. As of the date  of  this  registration
statement,  the Company has no funds available to pay  directors.
Further,  none  of  the directors are accruing  any  compensation
pursuant to any agreement with the Company.

It  is anticipated that Management will be compensated with stock
options  and/or salary, if a business combination  is  completed.
The  details of the stock options and/or salary have not yet been
completed. It is expected that these details will be one  of  the
items to be negotiated as part of the combination.

No retirement, pension, profit sharing, stock option or insurance
programs  or  other  similar programs have been  adopted  by  the
Registrant for the benefit of its employees.

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

The  following table sets forth each person known to the Company,
as  of  June  20, 2000, to be a beneficial owner of five  percent
(5%)  or  more  of the Company's common stock, by  the  Company's
directors individually, and by all of the Company's directors and
executive  officers as a group. Except as noted, each person  has
sole  voting  and  investment power with respect  to  the  shares
shown.

<TABLE>

<S>        <C>                      <C>           <C>

Title of   Name/Address             Shares        Percentage
Class      of Owner                 Beneficially  Ownership
                                    Owned
Common     Donna Harper             6,635,000     44.23%
           7170 E. McDonald Dr.,
           #4
           Scottsdale, AZ  85258
Common     Total Ownership over 5%  6,635,000     44.23%
           and Officers and
           Directors
</TABLE>

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

The  Board of Directors has passed a resolution which contains  a
policy  that the Company will not seek an acquisition  or  merger
with   any  entity  in  which  any  of  the  Company's  Officers,
Directors,   principal  shareholders  or  their   affiliates   or
associates  serve  as officer or director or hold  any  ownership
interest.  Management  is  not aware of any  circumstances  under
which this policy may be changed through their own initiative.

ITEM 13.  FINANCIAL STATEMENTS AND EXHIBITS.

FINANCIAL STATEMENTS

          Report   of  Independent  Auditor,  Michael  L.  Stuck,
            Certified Public Accountant, dated May 30, 2000

          Balance Sheet as of April 30, 2000 and April 30, 1999

          Statement  of Operation for the years ended  April  30,
            2000,  April 30, 1999 and the period April  28,  1997
            (date of inception) through April 30, 2000

          Statement  of Stockholders' Equity for the years  ended
            April  30, 2000, April 30, 1999 and the period  April
            28, 1997 (date of inception) through April 30, 2000

          Statement  of Cash Flows for the years ended April  30,
            2000,  April 30, 1999 and the period April  28,  1997
            (date of inception) through April 30, 2000

          Notes to Financial Statements

INDEPENDENT AUDITOR'S REPORT

Board of Directors and Stockholders
Caribbean Ventures, Inc.
Vancouver, BC

     We have audited the accompanying balance sheets of Caribbean
Ventures, Inc., as of April 30, 2000 and April 30, 1999  and  the
related  statements  of income, stockholders'  equity,  and  cash
flows for the years ended April 30, 2000, April 30, 1999 and  the
period April 28, 1997 (date of inception) through April 30, 2000.
These   financial  statements  are  the  responsibility  of   the
Company's  management.   Our  responsibility  is  to  express  an
opinion on these financial statements based on our audit.

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

     In  our opinion, the financial statements referred to  above
present  fairly, in all material respects, the financial position
of  Caribbean  Ventures, Inc. as of April 30, 2000 and  April  30
1999  and its results of operations, and cash flows for the years
ended  April  30, 2000, April 30, 1999 and the period  April  28,
1997  (date  of inception) through April 30, 2000, in  conformity
with Generally Accepted Accounting Principles.

Michael L. Stuck
Certified Public Accountant

May 30, 2000
Scottsdale, Arizona

                    CARIBBEAN VENTURES, INC.
                         BALANCE SHEETS
                April 30, 2000 and April 30, 1999
<TABLE>
<S>                                       <C>           <C>
                               ASSETS
                                            April 30,     April 30,
                                              2000          1999
                                          ------------  ------------
Current Assets
Cash and Cash Equivalents                       $  -0-       $    -0-
                                              --------      ---------
Total Currrent Assets                              -0-            -0-
                                              --------      ---------

Other Assets
Organization Expense (net of
Amortization)                                      -0-            299
                                              --------      ---------
Total Other Assets                                 -0-            299
                                              --------      ---------
Total Assets                                    $  -0-       $    299
                                              ========        =======

                LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities                             $  -0-       $    -0-
                                            ----------      ---------
Total Current Liabilities                          -0-            -0-
                                            ----------      ---------
STOCKHOLDERS' EQUITY;
Common stock, authorized 25,000,000
shares, 3,000,000 shares outstanding par
value
$.001                                            3,000          3,000
Additional Paid In Capital                         -0-            -0-
Retained Earnings (Loss)                       (3,000)        (2,701)
                                             ---------      ---------
Total Stockholders' Equity                         -0-            299
                                             ---------      ---------

TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY                                         $ (-0-)         $  299
                                             =========       ========
</TABLE>

See accompanying accountants' report.
The accompanying notes are an integral part of these statements.

                    CARIBBEAN VENTURES, INC.
                      STATEMENTS OF INCOME
     For the Years Ended April 30, 2000 and April 30, 1999,
                  and the Period April 28, 1997
                  (inception) to April 30, 2000
<TABLE>
<S>                             <C>           <C>           <C>

                                                              April 28,
                                                                1997
                                                             (inception)
                                 Year Ended    Year Ended        to
                                 April 30,     April 30,       April 30,
                                    2000          1999          2000
                                 ------------  ------------  ------------
Revenue                               $ -0-       $    -0-       $    -0-
Expenses
Amortization Expense                    -0-            101            101
                                  ---------     ----------     ----------
Total Expenses                          -0-            101            101
                                  ---------     ----------     ----------
Net Income/(Loss) Before Taxes          -0-          (101)          (101)
                                  ---------     ----------     ----------
Income Taxes                            -0-            -0-            -0-
                                  ---------     ----------     ----------
Net Income Before
Extraordinary
Item                                    -0-          (101)          (101)

Adjustment due to Account             (299)            -0-          (299)
Change
                                  ---------     ----------     ----------
Net Income/(Loss)                    $(299)     $    (101)         $(400)
                                   ========       ========        =======
Earnings (Loss) per Common
Share
Income before extraordinary
items                                 (-0-)          (-0-)         (-0-)
Effect of accounting change           (-0-)          (-0-)         (-0-)
                                 ----------    -----------    ----------
Net Income/(Loss)                       -0-            -0-           -0-
                                   ========        =======       =======
Weighted Average Numbers of
Shares Outstanding                3,000,000      3,000,000     3,000,000
</TABLE>

See accompanying accountants' report.
The accompanying notes are an integral part of these statements.

                            CARIBBEAN VENTURES, INC.
                        STATEMENT OF STOCKHOLDERS' EQUITY
                                 April 30, 2000
<TABLE>
<S>                   <C>        <C>         <C>          <C>         <C>        <C>          <C>
                                                                       Paid In
                      Preferred    Stock        Common       Stock     Capital    Retained
                        Stock      Amount       Stock       Amount      Amount    Earnings       Total
                      ---------  ----------  ------------ ----------  ---------  ----------     -------
Balance April 30,
1998                       -0-        $ -0-     3,000,000      $3,000      $ -0-    $(2,600)         $400

Retained Earnings
(Loss)                     -0-          -0-           -0-         -0-        -0-       (101)        (101)
                      --------   ----------  ------------  ----------  ---------  ----------   ----------
Balance April 30,
1999                       -0-          -0-     3,000,000       3,000        -0-     (2,701)          299
                      --------   ----------  ------------  ----------  ---------  ----------   ----------
Retained Earnings
(Loss)                     -0-          -0-           -0-         -0-        -0-       (299)        (299)
                      --------   ----------  ------------  ----------  ---------  ----------   ----------
Balance April 30,
2000                       -0-        $ -0-     3,000,000      $3,000      $ -0-    $(3,000)        $ -0-
                         =====      =======     =========     =======    =======    ========      =======
</TABLE>

See accompanying accountant's report.
The accompanying notes are an integral part of these statement

                    CARIBBEAN VENTURES, INC.
                    STATEMENTS OF CASH FLOWS
      For the Years Ended April 30, 2000 and April 30, 1999
                  and the Period April 28, 1997
                  (inception) to April 30, 2000
<TABLE>
<S>                            <C>            <C>            <C>
                                                               April 28,
                                                                  1997
                                Year Ended      Year Ended    (inception)
                                                                   to
                                 April 30,      April 30,      April 30,
                                   2000            1999           2000
                                ----------     -----------     ----------
Net Income (Loss)                     $ 299       $    (101)       $    400
Adjustments to reconcile net
income to
net cash provided by operating
activities:
Amortization Expense                    -0-              101            101
Adjustment due to accounting
change                                  299              -0-            299
                                     -------          -------        -------
Cash Provided by Operations             -0-              -0-            -0-
                                    -------          -------        -------

Cash Used in Investing                  -0-              -0-            -0-
Activities
                                    -------          -------        -------

Cash Provided by Financing              -0-              -0-            -0-
Activities
                                    -------          -------        -------


Net Change in Cash                      -0-              -0-            -0-

Beginning Balance                       -0-              -0-            -0-
                                    -------          -------        -------
Ending Cash Balance                   $ -0-         $    -0-       $    -0-
                                     ======           ======         ======
</TABLE>
See accompanying accountant's report.
The accompanying notes are an integral part of these statements.

                    CARIBBEAN VENTURES, INC.
                  NOTES TO FINANCIAL STATEMENTS
               April 30, 2000  and April 30, 1999

NOTE 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Description  of  Operations  -  Caribbean  Ventures,   Inc.   was
incorporated in the State of Nevada in 1997 and is authorized  to
do business in the United States. The Company has no revenue from
operations during the period covered by this financial statement.

Method of Accounting - These financial statements are prepared on
the  accrual  basis  of accounting in accordance  with  generally
accepted   accounting  principles.  Consequently,  revenues   are
recognized  when  earned  and expenses are  recognized  when  the
obligation is actually incurred.

Income  Taxes  and Cash Flows - The Company accounts  for  income
taxes  and  the  statement  of  cash  flows  in  accordance  with
Financial  Accounting Standards Board Statement No. 109  and  No.
95.

Cash and Cash Equivalents - Cash and cash equivalents include all
highly liquid investments with a maturity of three months or less
when purchased.

NOTE 2. CASH

The Company has no bank accounts at this time.

NOTE 3 - ORGANIZATION COSTS

The Company incurred organization costs in the amount of $500  in
April,  1997. These costs were being amortized on a straight-line
basis  over a five year period through April 30, 1999 after which
time  statement  of  position 98-5 as discussed  in  note  8  was
adopted.

NOTE 4 - EARNINGS PER SHARE

Earnings   per   share  has  been  computed   by   dividing   net
income/(loss)  by  the weighted average number of  common  shares
outstanding for the period.  There are no items which are  deemed
to be common stock equivalents during the audit period.

                    CARIBBEAN VENTURES, INC.
                  NOTES TO FINANCIAL STATEMENTS
               April 30, 2000  and April 30, 1999
                           (continued)

NOTE 5 - COMMON STOCK

The  Company  had  3,000,000 shares of common  stock,  par  value
$0.001, issued and outstanding as of April 30, 2000 and April 30,
1999.   The  stock  was  issued for maintaining  the  entity  and
reviewing potential business opportunities.

NOTE 6 - LEASE COMMITMENTS

The   Company  currently  has  no  commitments  for   leases   or
contingencies.

NOTE 7 - USE OF ESTIMATES

The  preparation  of  financial  statements  in  conformity  with
Generally  Accepted Accounting Principles requires management  to
make  estimates  and  assumptions that  affect  certain  reported
amounts  and  disclosures.   Accordingly,  actual  results  could
differ from these estimates.

NOTE 8 - ACCOUNTING CHANGE

The   Company  adopted  statement  of  position  98-5   regarding
expensing  of organizational costs effective May 1, 1999.   As  a
result  of  this change the Company expensed $299 of  unamortized
organizational costs during the current period

EXHIBITS

3.1  The  exhibits,  consisting  of  the  Company's  Articles  of
     Incorporation, are attached to the Company's Amended Form 10-
     SB,   filed   on   August  11,  1999.  These  exhibits   are
     incorporated by reference to that Form.

3.2  The  exhibits,  consisting  of  the  Company's  Bylaws,  are
     attached  to  the  Company's Amended Form  10-SB,  filed  on
     August   11,  1999.  These  exhibits  are  incorporated   by
     reference to that Form.

27   Financial Data Schedule

                           SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange
Act, the Registrant caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.



                           Internetfinancialcorp.com, Inc.



                           By: /s/ Lance Morginn
                              Lance Morginn, President



                           Date: July 17, 2000