SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, DC 20549

                           FORM 10-QSB

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

        For the quarterly period ended SEPTEMBER 30, 1996

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

     For the transition period from            to           


                Commission file number 33-83418-LA

                
                         NW VENTURE CORP.
(Exact name of Small Business Issuer as Specified in its Charter)


Delaware                                               93-1138967
(State or Other Jurisdiction                      I.R.S. Employer
of Incorporation or                                 Identification
Organization)                                             Number)

             501 S.E. Columbia Shores Boulevard, #350
                   Vancouver, Washington 98661
             (Address of Principal Executive Offices)

                          (360) 737-6800
         (Issuer's Telephone Number, Including Area Code)

Check whether the Issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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         


State the number of shares outstanding of each of the Issuer's classes of
common equity, as of the latest practicable date:

          Common, $.0001 par value per share: 4,500,000
                outstanding as of November 1, 1996

                 



                  PART I - FINANCIAL INFORMATION

                         NW VENTURE CORP.

                 PERIOD ENDED SEPTEMBER 30, 1996


     The financial information herein is unaudited.  However, in the opinion
of management, such information reflects all adjustments (consisting of
normal recurring accruals) necessary for a fair presentation of the results
of operations for the periods being reported.  Additionally, it should be
noted that the accompanying condensed financial statements do not purport to
be complete disclosures in conformity with generally accepted accounting
principles.

     The results of operations for the nine months ended September 30, 1996
are not necessarily indicative of the results of operations that may be
expected for the full fiscal year ending December 31, 1996.

     These condensed statements should be read in conjunction with the 
Company's financial statements for the year ended December 31, 1995.








                         NW VENTURE CORP.
                  (A DEVELOPMENT STAGE COMPANY)

                          BALANCE SHEET
                        SEPTEMBER 30, 1996

                             ASSETS


CURRENT ASSETS

  Cash in bank                                $    454

    TOTAL CURRENT ASSETS                                   $    454

OTHER ASSETS

Organization Expenses (Net of Amortization)   $    233
Escrow Account                                  46,895

    TOTAL OTHER ASSETS                                       47,128

    TOTAL ASSETS                                           $ 47,582



              LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES

  Interest payable                            $    684
  Loans payable (on demand with interest at 7%)  4,000

    TOTAL CURRENT LIABILITIES                              $  4,684

STOCKHOLDERS' EQUITY

  Common stock, $.0001 par value, 50,000,000
    shares authorized, 4,000,000 shares
    issued and outstanding (Note 2)           $    400

  Capital in excess of par value                   600

  Deficit accumulated during development stage  (3,102)
                                              $ (2,102)
  Temporary Capital
    500,000 shares issued and held by
     escow agent                                50,000
    Offering expenses                           (5,000)
                                              $ 45,000

    TOTAL STOCKHOLDERS' EQUITY                               42,898

    TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY             $ 47,582




                       NW VENTURE CORP.
                 (A DEVELOPMENT STAGE COMPANY)

                    STATEMENT OF OPERATIONS




                                            FOR THE PERIOD    

                                         7/1/96       7/1/95
                                         THROUGH      THROUGH
                                         9/30/96      9/30/95 

REVENUE                                 $       0    $       0

EXPENSES                                      325          125

NET (LOSS) FROM OPERATIONS              $    (325)   $    (125)


OTHER INCOME:
  INTEREST                                    522            5

NET INCOME (LOSS)                       $     197    $    (120)

INCOME (LOSS) PER SHARE                 $       0    $       0

AVERAGE NUMBER OF
 SHARES OUTSTANDING                     4,500,000    4,000,000







                 NW VENTURE CORP.
          (A DEVELOPMENT STAGE COMPANY)

            STATEMENT OF OPERATIONS




                                           FOR THE PERIOD    

                                         1/1/96       1/1/95
                                         THROUGH      THROUGH
                                         9/30/96      9/30/95 

REVENUE                                 $       0    $       0

EXPENSES                                    1,578          473

NET (LOSS) FROM OPERATIONS              $  (1,578)   $    (473)


OTHER INCOME:
  INTEREST                                  1,573           38

NET INCOME (LOSS)                       $      (5)   $    (435)

INCOME (LOSS) PER SHARE                 $       0    $       0

AVERAGE NUMBER OF
 SHARES OUTSTANDING                     4,500,000    4,000,000






                 NW VENTURE CORP.
          (A DEVELOPMENT STAGE COMPANY)

            STATEMENT OF CASH FLOW
         INCREASE (DECREASE) IN CASH




                                         FOR THE PERIODS    

                                         1/1/96       1/1/95
                                         THROUGH      THROUGH
                                         9/30/96      9/30/95 

Cash flows from operating
 activities:                          $      (5)   $    (435)

  Net income

  Adjustment to reconcile net income to net
   cash provided by operating activities:

     Amortization                             75           75
     Increase in interest payable            210          210

  Net cash provided (used) by
    operating activities               $     280    $    (150)

Cash flows from financing activities:

  Payment for prepaid offering expenses       0        (1,567)

  Increase in escrow account              (1,553)           0

  Net cash provided (used) by
    financing activities               $  (1,553)   $  (1,567)

Net increase (decrease) in cash        $  (1,273)   $  (1,717)

Cash at beginning of period                1,727        2,425

Cash at end of period                  $     454    $     708





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

     The Company is in the development stage and, in October 1995, completed
an initial public offering (the "Offering") pursuant to a Registration 
Statement (the "Registration Statement") declared effective by the 
Securities and Exchange Commission ("SEC") on June 30, 1995 and sold 
500,000 shares of its common stock, $.0001 par value, at a price of $.10
per share.  The Offering was conducted directly by the Company without 
the use of a professional underwriter.  The Company  is a "blank check" 
company subject to Rule 419 of Regulation C which was organized to obtain 
funding from persons purchasing in the Offering in order to provide 
a vehicle to take advantage of business opportunities which management
believes arise from time to time.  

     Except for 10% of the deposited funds (10% of $50,000, or $5,000) which 
was released under Rule 419 upon completion of the Offering, the deposited 
funds and the securities to be issued to subscribers are remaining in 
escrow and may not be released until an acquisition meeting certain 
specified criteria has been made and a sufficient number of subscribers 
reconfirm their investment in accordance with the procedures set forth in 
Rule 419 (the "Reconfirmation Offering").

     The Company had no revenues for the three and nine months ended 
September 30, 1996.  The  Company had a net loss of $(325) and $(1,578) for 
the three and nine  months ended September 30, 1996 as compared to  a 
net loss of $(125) and $(473) for the three and nine months ended 
September 30, 1995.  In addition, at September 30, 1996, the Company
had total assets of $47,582 (which amount includes $46,895 of deposited 
funds being held in escrow pursuant to Rule 419) and total liabilities of 
$4,684.

     In May 1996, the Company executed an agreement with Cyberia, Inc., 
a California corporation ("Cyberia"), and its shareholders to acquire all 
of the issued and outstanding shares of capital stock of Cyberia in 
exchange for 25,500,000 shares of Common Stock of the Company 
(the "Acquisition").  In connection with the proposed Acquisition, the 
Company has filed a Post-Effective Amendment (the "Post-Effective 
Amendment") to the Registration Statement with the SEC.  The Reconfirmation 
Offering cannot commence until the Post-Effective Amendment has been declared 
effective by the SEC.






                   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 Security-Holders.

          None.
 
Item 5.   Other Information.

          None.

Item 6.   Exhibits and Reports on Form 8-K.

          (a)  Exhibits.

          There are no exhibits applicable to this Form 10-QSB.

          (b)  Reports on Form 8-K.

          Listed below are reports on Form 8-K filed 
          during the fiscal quarter ended September 30, 1996.

          None.
  





                           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.

     
                                   NW VENTURE CORP.                      
                                  (Registrant)



Dated: November 13, 1996         By:  /s/Martin Rifkin                       
                                         Martin Rifkin, 
                                         President
                                                              


Dated: November 13, 1996         By:  /s/Martin Rifkin                       
                                         Martin Rifkin, 
                                         Principal Financial Officer