United States
     Securities and Exchange Commission
            Washington, DC 20549

                 FORM 10-QSB

 [X] QUARTERLY REPORT UNDER SECTION 13 OR 15
                 (d) OF THE
     SECURITIES AND EXCHANGE ACT OF 1934

          For the quarterly period ended
     September 30, 1996

[ ] TRANSITION REPORT UNDER SECTION  13 OR 15
                 (d) OF THE
                EXCHANGE ACT

          Commission file Number 0 - 22678

         PM MANAGEMENT SYSTEMS, INC.
     Exact name of small business issuer
         As specified in its charter

Nevada                          84 - 1193941
(State or other jurisdiction of
I.R.S.
incorporation or organization
Employer
Identification No.

     404 Scott Point Drive, Salt Spring
          Island, BC V8K 2R2 Canada
   (Address of principal executive office)

              (250) 537 - 5732
          Issuer's telephone number

                      NOT APPLICABLE
   (Former name, former address and former
 fiscal year, if changed since last  report)

   APPLICABLE ONLY TO ISSUERS INVOLVED IN
                 BANKRUPTCY
   PROCEEDINGS DURING THE PAST FIVE YEARS

   Check whether the registrant filed all
       documents and reports required
 To be filed by Section 12, 13 or 15 (d) of
 the Exchange Act after the distribution of
Securities under a plan confirmed by a court.
              Yes ____  No ____

    APPLICABLE ONLY TO CORPORATE ISSUERS
  State the number of shares outstanding of
            each of the Issuer's
  common equity as of the last practicable
           date:  1,020,000 shares

Transitional Small Business Disclosure Format
        (check one)  Yes ___  No    X

                   PART 1
            FINANCIAL INFORMATION

Item 1.  Financial Statements

     The unaudited financial statements for
     the nin months ended September 30, 1996
     are attached hereto as EXHIBIT A.

Item 2.  Management's Discussion and
Analysis or Plan of Operation

     The Company is in the development stage
     and has not generated revenues as yet.
     EXHIBIT A and the financial notes
     thereto are incorporated herein by
     reference.

                   PART II
              OTHER INFORMATION

Item 1.   LEGAL PROCEEDINGS
                         NONE

Item 2.  CHANGES IN SECURITIES
                        NONE

Item 3.  DEFAULTS UPON SENIOR SECURITIES
                                   NONE

Item 4.  SUBMISSION OF MATTERS TO A VOTE OF
SECURITIES HOLDERS

     No matters have been submitted to a vote
     of the stockholders during the nine
     months ended September 30, 1996.

Item 5.  OTHER INFORMATION
                         NONE

Item 6.  EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits

       Exhibit No. 27 Financial Data
       Schedule

     (b)  Reports on Form 8-K

       No reports on Form 8-K were filed by
       the Company during the fiscal quarter
       ended June 30, 1996.

                 SIGNATURES
     In accordance with the requirements of
the Exchange Act, the registrant caused this
report to be signed by its behalf by the
undersigned, thereto duly authorized.


                              P.M. MANAGEMENT
SYSTEMS, INC.

     Dated: December 15, 1999      By:
/S/Anthony V. Feimann
                             Anthony V.
Feimann, Secretary,
                             Chief Financial
Officer
                              Principal
Accounting Officer



        P.M. MANAGEMENT SYSTEMS, INC.
        (A development stage company)

               Balance Sheets
         September 30, 1996 and 1995
                 (Unaudited)

                                   1996
1995

ASSETS:
     Current Assets
     Cash                                0
1.448
     Inventory                           0
74, 000

TOTAL
0         75,448

     License Rights
0              1,924,999
     Product Development Costs
0                     8,806
     Equipment                           0
28,825
     Investment in Ad-A-Cab Canada, Inc.
0                             1

TOTAL ASSETS:                            0
2,038,079

LIABILITIES:
     Current Liabilities
     Accounts Payable
0         37,175
     Due to Ad-A-Cab Canada, Inc.
0                      49,537
     Payable to a director
0          82,777

TOTAL LIABILITIES:
0                 169,489

  STOCKHOLDERS' EQUITY:

    Common Stock, No par Value
    Authorized, 10,000,000 shares
    Issued and outstanding, 2,020,000 shares
74,150              1,999,150

    Preferred Stock, no par value, non-
voting
    Authorized, issued and outstanding
1,000             1,000

TOTAL:
75,150              2,000,150

    Deficit accumulated during the
     Development stage
(75,000)              (131,410)

     Treasury Stock                       150
150

TOTAL STOCKHOLDERS EQUITY
0                1,868,590


TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
0             2.038,079





        P.M. MANAGEMENT SYSTEMS, INC.
        (A development stage company)

        STATEMENT OF LOSS AND DEFICIT
                 (Unaudited)
For the nine months ended September 30, 1996
                  and 1995


                                   1996
                                   1995



GENERAL AND ADMINISTRATIVE EXPENSES:

     Office Facilities and Rent
0              20,751

     Travel and Promotion
0              17,929

     Automobile
0                   504

     Professional Fees
0                1,610

     Consulting Fees
0                20,603


LOSS FOR THE PERIOD:
0                         61,397

DEFICIT - BEGINNING OF PERIOD:
75,000                        70,013

DEFICIT - END OF PERIOD:
75,000                      131,410

        P.M. MANAGEMENT SYSTEMS, INC.
        (A development stage company)

          STATEMENTS OF CASH FLOWS
                 (Unaudited)
For the nine months ended September 30, 1996
                  and 1995



1996                                  1995

CASH PROVIDED BY (USED FOR):

OPERATING ACTIVITIES

     Loss for the Period  0
(61,397)

     Increase in Inventory    0
(74,000)

     Increase in Accounts Payable  0
27,375

TOTAL:                    0
(108,022)

INVESTING ACTIVITY:

     Purchase of Equipment
0               (28,825)

FINANCING ACTIVITY:

     Increase in loans from a Director
80,617

     Due to Ad-A-Cab Canada, Inc    0
2,880

TOTAL:                    0
130,154

INCREASE (DECREASE) IN CASH
FOR THE PERIOD            0
(6,693)

CASH - BEGINNING OF PERIOD           0
8,141

CASH - END OF PERIOD                   0
1,4 48
       P.M. MANAGEMENT SERVICES, INC.
        (a development stage company)

     STATEMENTS OF STOCKHOLDERS' EQUITY
                 (Unaudited)
For the nine months ended September 30, 1996


<TABLE>
<CAPTION>

                                                Deficit
                                                Accumulated
                                                   During the
                          Number of Shares                 Amount
     Treasury    Development
                                 Common         Preferred          Common
Preferred           Stock         Stage          TOTAL


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

Balance
January 1
1996                        10,000,000      1,000,000     $1,999,150
$1,000             ($ 150)      ($ 75,000)          1,925,000

Cancellation
Of purchase
Of Ad-A-Cab
America, LLC
& Cancellation
of 7,980,000
Common Shares
January 25,
 1996                  (7,980,000)           (1,925,000)
(1,925,000)


Net Loss for
The period                                                         0


September
30, 1996                2,020,000      1,000,000           $74,150
$1,000          ($ 150)  ($ 75000)      $0





</TABLE>


NOTES TO FINANCIAL STATEMENTS
For the nine month period ending September 30, 1996 and
                    1995


NOTE 1 - ORGANIZATION OF P.M. MANAGEMENT SYSTEMS, INC.:
P.M. Management Systems, Inc. is a Colorado corporation
and is currently in the development stage.  On May 6,
1994, the Company changed its name from Process Based
Management, Inc. to P.M. Management Systems, Inc.

On September 5, 1994, the Company acquired all the
issued and outstanding ownership interests in Ad-A-Cab
America, LLC, a Wyoming Limited Liability Company.  To
effect the reorganization pursuant to Section 368(a)
(1) (B) of the Internal Revenue Code, the Company
issued 7,980,000 shares of its previously authorized,
but unissued no par value common stock

In January, 1996, the Company terminated its ownership
interests in Ad-A-Cab America LLC.  The above-mentioned
7,980,000 that were issued September 5, 1994 were
returned and cancelled by the Company.

NOTE 2 - GOING CONCERN:
Since its formation, the Company has incurred losses of
$75,000.  The ability of the Company to achieve its
development plans and recover the carrying value of
license rights is dependent on the support of its unit
holders and creditors to provide for the necessary
funding for ongoing operations.  These financial
statements have been prepared on a going concern basis
and do not reflect adjustments, which would be
necessary, if the Company were unable to continue as a
going concern.