<PAGE>
EXHIBIT 13.1


                          UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

                           FORM 10-QSB
 QUARTERLY REPORT FOR SMALL BUSINESS ISSUERS SUBJECT TO THE 1934
                   ACT REPORTING REQUIREMENTS

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

For the quarterly period ended March 31, 2000 Commission File No.
000-24927
9

                      CLASSIFIED ONLINE.COM
     (Exact name of registrant as specified in its charter)







Nevada                                            33-0199082
(State of organization) (I.R.S. Employer Identification No.)

5104 Oleander Ave., Fort Pierce, FL 34954
(Address of principal executive offices)

Registrant's telephone number, including area code (561) 337-4065

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.  Yes X

There are 10,007,497 shares of common stock outstanding as of May
12, 2000.



                 PART I - FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS

The  financial statements and supplemental data required by  this
Item follow the index of financial statements appearing at Item 6
of this Form 10-QSB.

ITEM 2.   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  Registration Statement, 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,   those  expectations  reflected  in  forward-looking
statements contained in this Statement.

                        Plan of Operation

The  Company  plans  to  build  and  maintain  one  of  the  most
comprehensive online classified databases available online.  Cash
requirements  will  be  met by advances  from  the  Officers  and
Directors or through a private placement of the Company's  common
stock.

The  newly designed, interactive website will provide users  with
an  easy  and  hassle-free way to buy and sell  from  each  other
online, allowing viewers to enjoy a user-friendly marketplace  to
conduct     person-to-person     e-commerce.     Visitors      to
http://www.ClassifiedOnline.com will experience several brand new
interactive    classified   areas   including:    Transportation,
Employment,  Real Estate, Merchandise, Services,  Personals,  and
Collectables.
Further,  a  new section to ClassifiedOnline.com will provide  an
expanded  venue  to  local  community newspapers,  opening  their
classified sections to viewers around the globe, and making those
advertisements available to all users. Bringing the  "small  town
papers"    to   the   world   will   be   a   major    part    of
ClassifiedOnline.com's  new  business  strategy,  combined   with
online  partnerships,  for  auto,  real  estate,  personal   ads,
employment  and merchandise listings. This innovative touch  will
provide  locally focused news and information to all visitors  of
ClassifiedOnline.com
A  full corporate profile for ClassifiedOnLine.com (OTCBB: CLOL -
news) may be found at http://www.SmallcapNewswire.com.

On  January  24,  2000,  the Company formed  a  new  wholly-owned
subsidiary    called    SafeVenture.com.   SafeVenture.com    was
incorporated  under  the  laws of the State  of  Nevada  for  the
purpose of designing, developing, and marketing an internet-based
escrow transaction service.

The Company's business is subject to the following risk factors:

RELIANCE ON KEY PERSONNEL. The Company places particular reliance
on  certain  key  advisors, directors, and the  president,  whose
involvement would be considered material to the Company.

COMPETITION.  The  Company is an insignificant participant  among
firms   which   engage  in  providing  comprehensive   classified
advertising on the Internet. There are many established companies
which  have significantly greater financial resources,  technical
expertise  and  experience  than the  Company.  In  view  of  the
Company's    limited   financial   resources    and    management
availability,  the  Company will continue to  be  at  significant
competitive disadvantage vis-a-vis the Company's competitors.

FUTURE FINANCING. The future success of the Company may depend on
financing.

REGULATION.  Although the Company will be subject  to  regulation
under  the  Securities Exchange Act of 1934, management  believes
the   Company  will  not  be  subject  to  regulation  under  the
Investment Company Act of 1940, insofar as the Company  will  not
be engaged in the business of investing or trading in securities.
The  Company  has  obtained  no  formal  determination  from  the
Securities  and  Exchange Commission as  to  the  status  of  the
Company   under  the  Investment  Company  Act   of   1940   and,
consequently, any violation of such Act would subject the Company
to material adverse consequences. The Company does not at present
have any governmental permits, licenses or the like.

LIMITED  OPERATING  HISTORY. The Company has  not  generated  any
revenues since its inception and has a limited operating history.
There  can  be no assurances that the Company will operate  at  a
profit.  There  can  be no assurances that the growth  strategies
identified  by  management will be successful, or,  if  they  are
successful, that they will have a positive effect on the earnings
of the Company.

SPECULATIVE NATURE OF COMPANY'S PROPOSED OPERATIONS. The  success
of  the  Company's  operations may be dependent  upon  management
together   with  numerous  other  factors  beyond  the  Company's
control.

                            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.

                   PART II - OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

The  Company  and  its  directors have instituted  action  for  a
declaratory judgment concerning a contract with Leann  Gibbs,  an
individual resident in Ontario, Canada. The Complaint  was  filed
in  the  Nineteenth Judicial Circuit Court, in and for St.  Lucie
County,  Florida,  as  Case No. 98-736CA03.  Ms.  Gibbs  and  the
Company  had entered into a contract pursuant to which she  would
transfer  to the Company her interest in a number of mica  mines,
in  exchange  for stock in the Company. The Company was  to  then
pursue a business in mining the mica and selling the raw material
to  companies that would process it. The agreement with Ms. Gibbs
was  never  consummated, and the parties, after much  discussion,
agreed to withdraw from the agreement. The Company has instituted
the  action  to  declare the agreement void,  simply  to  protect
itself  from a later breach of contract action. The parties  have
reached  agreement in principle on all issues,  and  the  Company
believes  this  settlement will be finalized  in  the  very  near
future.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K.

FINANCIAL STATEMENTS

Unaudited financial statements as of March 31, 2000, and for  the
three-month period then ended.

                                2

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

                   Consolidated Balance Sheet


<TABLE>
<CAPTION>
                 Assets                                 March
                                                         31,
                                                         2000
<S>                                           <C>
Current assets:
Cash and cash equivalents                     $         2,468
Accounts receivable                                     318
Prepaid expenses                                          43,235
Total current assets                                    46,021

Other assets                                               21,210

                                               $           67,231

  Liabilities and Stockholders' Equity
               (Deficit)
Current liabilities:
Accounts payable and accrued expenses                   189,547
Total current liabilities                               189,547

Stockholders' equity (deficit):
Preferred stock, $.01 par value,
authorized 20,000,000 shares, none
issued and outstanding
Common stock, $.001 par value, authorized               10,007
50,000,000 shares, issued 10,007,497
shares
Additional paid-in capital                                 365,197
Deficit  accumulated  during  development               (457,007
stage                                                  )

                                                        (81,803)

Less treasury stock, 46,300 common shares,
at cost                                                (40,513)

Total stockholders' equity (deficit)                    (122,316
                                                       )

                                             $           67,231
</TABLE>
See accompanying notes to consolidated financial statements.

                                3

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

              Consolidated Statements of Operations

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


                                      Three        Period from
                                      Months     February 9, 1999
                                      Ended    (Inception) Through
                                    March 31,  March 31,  March 31,
                                       2000      1999       2000

Net sales                        $     318                   520

Expenses:
General and administrative          64,510     142,694    245,743
Consulting and professional         8,950      20,000     190,693
Equipment rental                    3,862                 14,624
Other                                                         6,467
                                    1,210

Total expenses
                                    78,532     162,694    457,527

Loss before income taxes             (78,214)   (162,694)  (457,007)

Income taxes

Net loss                          $             (162,694)
                                    (78,214)              (457,007)


Basic loss per common share        $
                                    (0.01)     (0.02)     (0.05)

Weighted average shares               10,007,49  8,084,711  9,280,091
outstanding                         7
</TABLE>

See accompanying notes to consolidated financial statements.

                                4

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

              Consolidated Statements of Cash Flows


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

                                       Three        Period from
                                      Months      February 9, 1999
                                       Ended    (Inception) Through
                                     March 31,  March 31, March 31,
                                       2000       1999       2000
Cash flows from operating
activities:
Reconciliation of net loss to net
cash provided by operating
activities:
Net loss                           $   (78,214)   (162,694) (457,007)
Adjustments to reconcile net loss
to net cash provided by
operating activities:
General, administrative, and                     161,694   359,381
consulting expenses compensated
through the issuance of common
stock
Increase in accounts receivable       (116)                (318)

Increase (decrease) in prepaid        10,688               (64,445)
expenses and other assets
Increase in accounts payable          69,690         1,000 164,857
Total adjustments                     80,262     162,694   459,475

Net cash provided by operating          2,048                  2,468
activities

Cash flows from investing
activities

Cash flows from financing
activities

Net change in cash and cash           2,048                2,468
equivalents

Cash and cash equivalents at                420
beginning of period

Cash and cash equivalents at end   $     2,468                  2,468
of period
</TABLE>

See accompanying notes to consolidated financial statements.

                                5

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

                         March 31, 2000

(1)  Description of Business and Summary of Significant
Accounting Policies

     (a)Business

        Classified OnLine.Com (the Company), a development  stage
        enterprise,  was  organized and  incorporated  under  the
        laws  of the State of Nevada on February 9, 1999 for  the
        purpose  of  designing,  developing,  and  marketing   an
        internet-based  classified  advertising  web-site.    The
        Company  expects to commence operations during  the  year
        2000.

        On  January  24, 2000, the Company formed a  new  wholly-
        owned  subsidiary,  SafeVenture.Com,  in  the  state   of
        Nevada  for  the  purpose of designing,  developing,  and
        marketing  an internet-based escrow transaction  service.
        The  Company anticipates commencing operations during the
        year 2000.

        As  of March 31, 2000, the Company was in the development
        stage  and  had  not  begun its  operations  and  had  no
        significant  sources of revenue.  Management  intends  to
        fund  future development activities through funding  from
        its  principal stockholders and officers or  through  the
        issuance  of capital.  The Company's ability to  continue
        as  a going concern is dependent upon the development  of
        revenue  sources  sufficient to fund operations  and  the
        Company's ability to issue new capital.

     (b)Presentation

        The  Company's financial statements include the  accounts
        of   the   Company  and  its  wholly-owned  subsidiaries,
        WantToBuyOnline.Com     and     SafeVenture.Com.      All
        significant  intercompany balances and transactions  have
        been eliminated in consolidation.

        In  the  opinion  of management, the unaudited  financial
        statements  contain all adjustments necessary to  present
        fairly  the Company's financial position as of March  31,
        2000  and  the results of operations and cash  flows  for
        the  three months ended March 31, 2000 and for the period
        from  February 9, 1999 (inception) through March 31, 2000
        and  1999.  The accompanying interim financial statements
        should be read in conjunction with the Company's Form 10-
        KSB filing for the period ended December 31, 1999.

     (c)Loss Per Share

        Earnings  per share is accounted for by using  the  basic
        and  diluted earnings per share method prescribed by SFAS
        No.  128.   Basic loss per share is based on the weighted
        average  number  of  shares of common  stock  outstanding
        during  the period.  Diluted loss per share is  based  on
        shares  of  common  stock and dilutive  potential  common
        stock  (stock  options) outstanding  during  the  period.
        Diluted  loss per share was antidilutive due to  the  net
        loss  generated by the Company during the  periods  ended
        March 31, 2000 and 1999 and is therefore not reported.

                                                      (Continued)

                                6

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

     (d)Comprehensive Income

        The   FASB   has  issued  Statement  No.  130,  Reporting
        Comprehensive  Income (Statement 130), which  establishes
        standards  for  reporting  and display  of  comprehensive
        income  and  its  components  in  a  financial  statement
        having   the   same  prominence  as  other   consolidated
        financial statements.  As of March 31, 2000, the  Company
        had  no  components considered to be other  comprehensive
        income.

(2)  Related Party Transactions

   During  the  three months ended March 31, 2000 and the  period
   from  February 9, 1999 (inception) through December 31,  1999,
   a  portion of the Company's operating expenses were funded  by
   the   Company's   president,   vice-president,   and   certain
   stockholders.   As  of March 31, 2000, the  Company  owed  the
   president,  vice-president,  and  the  stockholders   $49,759,
   $8,000,  and $8,639, respectively, for reimbursement  of  such
   expenses.

   During  the  period from February 9, 1999 (inception)  through
   March  31,  1999, certain expenses were funded by an affiliate
   of  the  Company's president.  As of March 31, 2000 and  1999,
   the   Company   owed   the  affiliate   $9,172   and   $1,000,
   respectively, for reimbursement of such expenses.

EXHIBITS

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

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

c)   Reports on Form 8-K:   None.

                           SIGNATURES

Pursuant  to  the  requirements of Section 12 of  the  Securities
Exchange  Act  of  1934,  the Registrant  has  duly  caused  this
registration  statement  to  be  signed  on  its  behalf  by  the
undersigned, thereunto duly authorized.
                           ClassifiedOnLine.Com
                           By: /s/ Michael J. Lates
                              Michael J. Lates, Vice-President
                           Date: May 15, 2000