------------------------------------------------------------------------------


                     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 quarter ended June 30, 2000

                                       OR

          [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                        Commission file number 33-30365-C
                                  ------------


                            CCC GLOBALCOM CORPORATION
           (Name of Small Business Issuer as specified in its charter)


                    Nevada                             36-3693936
              ------------------                     --------------
      (State or other jurisdiction of               (I.R.S. employer
        incorporation or organization)              identification No.)


               16350 Park Ten Place, Suite 241, Houston, Texas 77084
               ------------------------------------------------------
                      (Address of principal executive offices)

           Registrant's telephone no., including area code: (281) 599-7878
          -----------------------------------------------------------------

                          Emerald Capital Investments, Inc.
                    536 North 100 West,  Heber City,  Utah 84032
                   ----------------------------------------------
            Former  name, former address, and former fiscal year, if changed
                                 since last report.


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

     Securities registered pursuant to Section 12(g) of the Exchange Act: None


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

Common Stock  outstanding  at August 13, 2000 -  31,693,435  shares of $.001 par
value Common Stock.


                     DOCUMENTS INCORPORATED BY REFERENCE: NONE

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<PAGE>



                                 FORM 10-QSB

                      FINANCIAL STATEMENTS AND SCHEDULES
                           CCC GLOBALCOM CORPORATION


                      For the Quarter ended June 30, 2000


      The following  financial  statements  and schedules of the  registrant are
submitted herewith:


                        PART I - FINANCIAL INFORMATION
                                                                     Page of
                                                                   Form 10-QSB
                                                                  -------------
Item 1.  Financial Statements:

            Condensed Consolidated Balance Sheet--June 30, 2000           3

            Condensed Consolidated Statements of Operations--for the
            three months and six months ended June 30, 2000 and
            June 30, 1999                                                 4

            Condensed Consolidated Statements of Cash Flows--for the
            six months ended June 30, 2000 and June 30, 1999              5

            Notes to Condensed Consolidated Financial Statements          7

Item 2.  Management's Discussion and Analysis of Financial Condition
         and Results of Operations                                        8


                          PART II - OTHER INFORMATION

                                                                         Page

Item 1.           Legal Proceedings                                       9
Item 2.           Changes in the Securities                               9
Item 3.           Defaults Upon Senior Securities                         9
Item 4.           Results of Votes of Security Holders                    9
Item 5.           Other Information                                       9
Item 6(a).        Exhibits                                                9
Item 6(b).        Reports on Form 8-K                                     9



                                      2

<PAGE>


                                                     CCC GLOBALCOM CORPORATION
                                          Condensed Consolidated Balance Sheet
                                                                 June 30, 2000
                                                                   (Unaudited)
-------------------------------------------------------------------------------

     Assets:

Current assets:
   Cash                                                      $ 1,101,378
   Accounts receivable                                           430,057
   Inventory                                                         375
   Prepaid expenses                                               14,250
                                                            ------------

         Total current assets                                  1,546,060

Property and equipment, net                                       94,522
Intangible asset, net                                            465,510
                                                            ------------

         Total assets                                        $ 2,106,092
                                                            ------------

         Liabilities and Stockholders' Equity

Current liabilities:
   Accounts payable                                          $   287,325
   Accrued liabilities                                            39,132
   Short-term notes payable                                      308,650
                                                            ------------

         Total current liabilities                               635,107

Long-term note payable                                             8,025
                                                            ------------

         Total liabilities                                       643,132
                                                            ------------

Stockholders' equity:
   Common stock - par value $.001 per share. Authorized
     100,000,000 shares; issued and outstanding
     31,693,435 shares                                           31,693
   Additional paid-in capital                                  2,441,353
   Accumulated deficit                                        (1,010,086)
                                                            ------------

         Total stockholders' equity                            1,462,960
                                                            ------------

         Total liabilities and stockholders' equity          $ 2,106,092
                                                            ------------




                                      3

<PAGE>


                                                     CCC GLOBALCOM CORPORATION
                                Condensed Consolidated Statement of Operations
                                                                   (Unaudited)
------------------------------------------------------------------------------




                                   Three Months Ended       Six Months Ended
                                        June 30,                June 30,
                          -----------------------------------------------------
                                 2000         1999       2000        1999
                          -----------------------------------------------------

Revenue                   $    494,383    $     -   $ 625,636     $    1,521
Cost of goods sold             318,663          -     440,848          8,032
                          -----------------------------------------------------

      Gross margin             175,720          -     184,788         (6,511)

General and administrative
  expenses                   (230,861)          -   (461,960)       (258,417)
                          -----------------------------------------------------

      Loss from operations    (55,141)          -   (277,172)       (264,928)
                          -----------------------------------------------------

Other income (expense):
   Interest expense              (146)          -     (2,575)           -
   Interest income                 784          -      1,878            -
   Other income (expense)        5,431          -     (4,409)           -
                          -----------------------------------------------------
                                 6,069          -     (5,106)           -
                          -----------------------------------------------------

    Loss before income tax     (49,072)         -   (282,278)       (264,928)


Income tax benefit                   -          -        -              -
                          -----------------------------------------------------

      Net loss            $   (49,072)   $      -  $(282,278)    $ (264,928)
                          -----------------------------------------------------

Net loss per share -
  basic and diluted               (.0)         .0       (.01)          (.01)
                          -----------------------------------------------------

Weighted average shares -
  basic and diluted         24,216,667  21,200,000  22,708,332     21,200,000
                          -----------------------------------------------------





                                      4

<PAGE>


                                                     CCC GLOBALCOM CORPORATION

                                Condensed Consolidated Statement of Cash Flows
                                                                   (Unaudited)
------------------------------------------------------------------------------



                                                    Six Months Ended
                                                        June 30,
                                                   2000          1999
                                              --------------------------
Cash flows from operating activities:
   Net loss                                    $(282,278) $    (264,928)
   Adjustments to reconcile net loss to net
    cash used in operating activities:
      Depreciation and amortization               10,519            605
      (Increase) decrease in:
         Accounts receivable                    (407,875)        (4,855)
         Inventory                                     -           (375)
         Prepaid expenses                        (11,892)            -
         Other assets                              5,000        (14,630)
      Increase (decrease) in:
         Accounts payable                        233,032         22,960
         Accrued liabilities                     (24,493)        36,900
                                              --------------------------

             Net cash used in
             operating activities                (477,987)      (224,323)
                                              --------------------------

Cash flows from investing activities-
   Purchase of property and equipment            (24,533)       (37,180)
   Acquisition of intangible                    (150,000)           -
                                              --------------------------

            Net cash used in
            operating activities                (174,533)       (37,180)
                                              --------------------------

Cash flows from financing activities:
   Payments on short-term notes payable           (6,860)            -
   Proceeds from issuance of stock              1,644,046        483,000
   Payments on long-term debt                    (18,364)            -
   Proceeds from long-term debt                      -             8,500
                                              --------------------------

            Net cash provided by
            financing activities                1,618,822        491,500
                                              --------------------------

            Net increase in cash                  966,302        229,997

   Cash, beginning of period                      135,076           -
                                              --------------------------
   Cash, end of period                         $1,101,378 $      229,997
                                              --------------------------

<PAGE>

                                Condensed Consolidated Statement of Cash Flows
                                                                     Continued
                                                                   (Unaudited)
-------------------------------------------------------------------------------



Supplemental disclosure of non cash investing and financing activities:
   During the six months ended June 30, 2000, CCC Globalcom purchased the assets
   of Virtual Network Company & Local Network, Inc. for cash plus a note payable
   totaling $315,510.

                                                   Six Months Ended
                                                       June 30,
                                             ---------------------------------
                                                   2000               1999
                                             ---------------------------------
   Supplemental disclosure of cash flow information:

      Interest Paid:                           $     2,575       $     -
      Income Tax Paid                          $       -         $     -




                                      5

<PAGE>


                                                     CCC GLOBALCOM CORPORATION

                          Notes to Condensed Consolidated Financial Statements

------------------------------------------------------------------------------



      (1) On June 9, 2000, CCC Globalcom (formerly Emerald Capital  Investments,
      Inc.) (Emerald) merged in CCC Globalcom (CCC) (a nonoperating entity which
      had  previously  merged  in  Ciera  Network  Systems,  Inc.  (Ciera)  (the
      Operating Company) (the Acquiree) (collectively the Company). The terms of
      the  agreement  provide that the  stockholders  of the  Acquiree  received
      30,250,000 shares (post reverse split) of Emerald common stock.

            The condensed consolidated financial statements at June 30, 2000 and
      1999 assume the acquisition of Emerald by the Acquiree,  occurred  January
      1, 1999.  Because the shares  issued in the  acquisition  of the  Acquiree
      represent control of the total shares of Emerald's common stock issued and
      outstanding immediately following the acquisition,  the Acquiree is deemed
      for financial  reporting  purposes to have  acquired  Emerald in a reverse
      acquisition.  The  business  combination  has  been  accounted  for  as  a
      recapitalization  of Emerald  giving effect to the  acquisition of 100% of
      the  outstanding  common  shares of the  Acquiree.  The  surviving  entity
      reflects the assets and  liabilities  of Emerald and the Acquiree at their
      historical book value and the historical operations of the Company is that
      of the  Acquiree's.  The issued  common  stock is that of Emerald  and the
      accumulated  deficit is that of the Acquiree.  The statement of operations
      is that of the Acquiree for the three and six month periods ended June 30,
      2000 and 1999 and that of Emerald from June 9, 2000 (date of  acquisition)
      through June 30, 2000.  Separate  breakout of operations  for Emerald have
      not  been  presented  as the  amounts  not  related  to the  Acquiree  are
      immaterial.


      (2) During the period ended June 30, 2000 the Company had a reverse  stock
      split of 1 share for 20 shares.  All earnings (loss) per share reflect the
      reverse stock split as if it had taken place January 1, 1999.


      (3)  The  unaudited  financial  statements  include  the  accounts  of CCC
      Globalcom,  Inc. and subsidiaries and include all adjustments  (consisting
      of normal  recurring  items)  which are,  in the  opinion  of  management,
      necessary to present fairly the financial position as of June 30, 2000 and
      the results of operations and changes in financial  position for the three
      month and six month periods ended June 30, 2000. The results of operations
      for the six months ended June 30, 2000 are not  necessarily  indicative of
      the results to be expected for the entire year.


      (4) Loss per  common  share is based on the  weighted  average  number  of
      shares outstanding during the period.







                                      6

<PAGE>



                                    ITEM 2

                    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                 FINANCIAL CONDITION AND RESULTS OF OPERATIONS

General

      CCC Globalcom  Corporation  (the  "Company")  was, prior to June 12, 2000,
named Emerald Capital  Investments,  Inc. On June 9, 2000, the Company commenced
operations in the  telecommunications  industry  through the  acquisition of CCC
Globalcom,  Inc. a Texas corporation ("CCC Texas"). CCC Texas was formed in 1999
to  commence  operations  in the  telecommunications  industry.  CCC  Texas  has
conducted no operations  except for its  acquisition  of Ciera Network  Systems,
Inc.  ("Ciera").  Ciera  commenced  operations  in 1999.  Currently,  all of the
Company's  operations are conducted by Ciera.  The Company's  acquisition of CCC
Texas, and as result of such acquisition, the acquisition of Ciera, is accounted
for as a reverse merger.  Accordingly,  for accounting purposes, Ciera is deemed
to be the survivor of such acquisitions and the financial statements included in
this Form 10-QSB for quarters in 1999 are the financial statements of Ciera. The
financial  statements  for the  quarters  in  2000  are  consolidated  financial
statements  of CCC  Texas  and Ciera for the  entire  period  and the  financial
statements of Emerald since June 9, 2000, the date of the merger.

      We have  only  recently  commenced  operations  in the  telecommunications
industry,  and we are a switchless  or  non-facilities  based  company  offering
residential  customers  and small to medium  sized  businesses a wide variety of
bundled voice and data telecommunications  services. We are primarily a reseller
of voice and data telecommunications  services. Our services include but are not
limited to, the following:

         o   local telephone service,

         o   long distance telephone services;

         o   internet service;

         o   paging;

         o   voice messaging; and

         o   archive data backup and recovery.

      We  intend  to  expand  our  operations  through   acquisitions  of  other
telecommunications  companies  located in the United  States,  South and Central
America and elsewhere. The key elements of our business strategy are to:




                                      7

<PAGE>



o    focus on  residential  and small and  medium-sized  business  customers  in
     select United States and foreign markets;

o    develop a flexible,  technologically advanced telecommunications network in
     a capital-efficient manner through reselling telecommunication services and
     products in a seemless method;

o    provide  our  customers  a  complete   telecommunications   solution  at  a
     competitive price with superior customer service;

o    maintain customer loyalty;

o    employ a team sales approach to cross-sell  multiple products and services;
     and

o    expand through  acquiring other operating  telecommunications  companies or
     their assets.

Results of Operations

      Our revenues are derived from the sale of  telecommunications  services to
residential  and  business  customers.  Currently  we have a  limited  number of
customers and are  primarily  conducting  operations in the State of Texas.  Our
business  plan  includes  plans for  expansion  into  states and  various  Latin
American countries.  Although our subsidiary Ciera commenced operations in 1999,
we continue to be in early  stages of  development  and our future  revenues are
dependent upon our ability to expand our customer base either through internally
generated growth or through acquisitions. We have recently acquired the customer
base of Virtual Network  Company.  This customer base consists of  approximately
4,000 customers.

      Because we have been operating in the telecommunication  industry for less
than a year and  because  we are  still in the  early  stages  of  pursuing  our
business  plan,  the  comparative  numbers  between  1999  and  2000  are  not a
meaningful indication of future results.

      Net  Revenues  Net  revenues for the three months ended June 30, 2000 were
$494,383  compared to no revenues for the three months ended June 30, 1999.  Net
revenues for the six months ended June 30, 2000 were $625,636 compared to $1,521
for the six months  ended June 30,  1999.  Revenues are derived from the sale of
telecommunications  services.  The  increase in net  revenues for both the three
months and six months  ended June 30, 2000  compared to the three and six months
ended June 1999 was  primarily  attributed to the fact that 1999 was a period of
start-up while operations in 2000, included internally generated customer growth
attributing to increased revenues.

      Cost of Sales. For the three months ended June 30, 2000, our cost of sales
were  $318,663.  For the six months ended June 30, 2000,  our cost of sales were
$440,848 compared to $8,032 for the six months ended June 30, 2000.



                                      8

<PAGE>



      General and  Administrative  Expenses.  General and  administrative  (G&A)
expenses  were 47% of revenue  for the three  months  ended June 30,  2000.  G&A
expenses for the six months ended June 30, 2000 were 74 % of revenue.

      Net Loss. We had a net loss of $49,072 for the three months ended June 30,
2000.  We had a net loss of  $282,278  for the six months  ended  June 30,  2000
compared to a net loss of $264,928 for the six months ended June 30, 1999.

Liquidity and Capital Resources

      At June 30, 2000,  our working  capital was  $911,290.  In June,  2000, we
completed a private  placement of our common stock pursuant to which we received
$1,500,000 in gross offering proceeds.

      At June 30, 2000, we had total assets of $2,106,092,  total liabilities of
$643,132  and  stockholders  equity of  $1,462,960.  Our total  assets  included
$465,510  attributed to intangible  assets.  Our intangible  assets  principally
consisted of the customer list purchased from Virtual Network Company.

      Our  primary  needs  for  capital  are  to  fund  acquisitions,   purchase
equipment,  and fund operations until we operate at a profit. We anticipate that
we will  continue to operate at a deficit for at least the  remaining  of fiscal
2000.

      We do not  currently  have a line  of  credit  or  other  access  to  debt
financing and our ability to expand will, at least for the  foreseeable  future,
be dependent upon our ability to sell shares of our common stock.

Forward-Looking Statements

      This Quarterly  Report contains  "forward-looking  statements"  within the
meaning of the securities laws. These forward-looking  statements are subject to
a number of risks and uncertainties,  many of which are beyond our control.  All
statements  included  in  this  Quarterly  Report,   other  than  statements  of
historical facts, are forward-looking statements, including the statements under
"Management's  Discussion  and  Analysis of Financial  Condition  and Results of
Operations"  regarding  our strategy,  future  operations,  financial  position,
projected costs, prospects, plans and objectives of management.

      Certain statements  contained in this Quarterly Report,  including without
limitation,  statements  containing the words "will,"  "anticipate,"  "believe,"
"intend,"   "estimate,"   "expect,"  "project"  and  words  of  similar  import,
constitute   forward-looking   statements,   although  not  all  forward-looking
statements  contain such  identifying  words.  Such  forward-looking  statements
involve known and unknown risks,  uncertainties and other factors that may cause
our actual results,  performance or achievements to be materially different from
any future results,



                                      9

<PAGE>



performance  or  achievements  expressed  or  implied  by  such  forward-looking
statements.  Such risks,  uncertainties and other factors include, among others,
the following:

      o  our limited operating history and expectation of operating losses;

      o  the availability and terms of the significant additional capital
         required to fund our expansion;

      o  our reliance on third party vendors and suppliers;

      o  the extensive competition we expect to face in each of our  markets;

      o  our dependence on sophisticated information and processing systems;

      o  our ability to manage growth;

      o  our ability to access  markets and obtain any required  governmental
         authorizations,  franchises  and  permits,  in a timely  manner,  at
         reasonable costs and on satisfactory terms and conditions;

      o  our ability to attract customers away from their existing
         telecommunications providers;

      o  technological change; and

      o  changes in, or the failure to comply with, existing government
         regulations.

      All forward-looking statements speak only as of the date of this Quarterly
Report.  We do not  undertake any  obligation  to update or revise  publicly any
forward-looking  statements,  whether  as a result  of new  information,  future
events  or  otherwise.  Although  we  believe  that our  plans,  intentions  and
expectations reflected in or suggested by the forward-looking statements made in
this Quarterly Report are reasonable,  we can give no assurance that such plans,
intentions  or  expectations  will  be  achieved.   Given  these  uncertainties,
prospective  investors  are  cautioned  not to  place  undue  reliance  on  such
forward-looking statements.



                                      10

<PAGE>



                          PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.  To the best knowledge of the Company's management,
         the Company is not a party to any legal proceeding or litigation.

Item 2.  Changes in the Rights of the Company's Security Holders.  None.

Item 3.  Defaults by the Company on its Senior Securities.  None.

Item 4.  Submission of Matters to Vote of Security  Holders.  A Special
         Meeting  of  Stockholders  was held  June 9,  2000,  at which the
         following matters were voted upon:

           1. A proposal to effect a 1-for-20  reverse  split of the issued and
              outstanding shares of the Company's common stock.

           2. A proposal  to  reincorporate  the Company in the State of Nevada
              and in connection  therewith to change the Company's  name to CCC
              Globalcom Corporation.

           3. A  proposal  to  approve  an  Agreement  and Plan of Merger  (the
              "Merger Agreement")  between the Company and CCC Globalcom,  Inc.
              ("CCC Globalcom") and the acquisition ("Merger") of CCC Globalcom
              by the Company. In connection with the Merger, the Company issued
              to the  shareholders  of CCC Globalcom  approximately  30,250,000
              shares  of  its  common  stock,  calculated  after  the  proposed
              1-for-20  reverse  stock  split  discussed  in Proposal 1 of this
              Proxy Statement.

           4. The election of directors.

      All proposals were approved by the Company's  shareholders and the results
of the voting were as follows:




                                      11

<PAGE>




Item:                                  For:           Against:        Abstain:
-------------------------------------------------------------------------------
Reverse Stock Split                 4,722,334            0            12,000
Reincorporation and Name Change     4,722,334            0            12,000
Merger Transaction
                                    4,722,334            0               0
Election of Directors
Ziad A.  Hakim                      4,722,334         12,000             0
Paul Licata                         4,722,334         12,000             0
Douglas P.  Morris                  4,734,334            0               0


      Item 5.   Other Information.

      Item 6(a)  Exhibits.  Schedule 27 - Financial Data Schedule.

      Item 6(b). Reports on Form 8-K. The Company filed the following Form 8-K's
during the quarter ended June 30, 2000:

             May 23,  2000.  This Form 8-K was filed to report on the  Company's
      execution  of an  Agreement  and Plan of Merger  with  privately  held CCC
      Globalcom, Inc., a Texas corporation.

             June 14, 2000.  This Form 8-K was filed to report the completion of
      the reverse,  split,  change of name and domicile and the Merger which are
      further described and referred to above.





                                      12

<PAGE>


                                    SIGNATURE

     Pursuant to the  requirements  of the Exchange  Act, the Company has caused
this  report to be  signed  on its  behalf  by the  undersigned  thereunto  duly
authorized.


Dated: August 17, 2000               CCC GLOBALCOM CORPORATION


                                     By   /s/ Ziad A. Hakim
                                     -----------------------------------------
                                          Ziad A. Hakim
                                          CEO/Principal Executive Officer
                                          Principal Financial Officer




                                      13