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 December 31, 1999Commission File No. 000-24927





                      CLASSIFIED ONLINE.COM
             (FORMERLY FUJI ELECTROCELL CORPORATION)
     (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

Securities registered under Section 12(g) of the Exchange Act:
                                   Common stock, $0.001 par value
                                   per share
                                   Preferred stock, $0.01 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.  Yes 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 December 31, 1999:   $202

Aggregate market value of the voting and non-voting common equity
held by non-affiliates based on the price of N/A per share (the
selling or average bid and asked price) as of April 11, 2000:
$4,063,043.70

              DOCUMENTS INCORPORATED BY REFERENCE:

The  Company's  form  10-SB/A, filed on May  10,  1999,  and  the
exhibits  attached  thereto, are incorporated by  reference.  The
Company also incorporates by reference Forms 8-K that were  filed
on  May 27, 1999, June 3, 1999,August 10, 1999, August 11,  1999,
and  December  22,  1999;  and Forms 8-K/A  that  were  filed  on
September 14, 1999, October 8, 1999 and November 15, 1999.

                             PART I

ITEM 1.   DESCRIPTION OF BUSINESS

                           Background

Classified  OnLine.com (the "Company") is  a  Nevada  corporation
formed on September 11, 1981 as "Controlled Combustion Corp." Its
original  purpose was to design, develop, and build  a  pyrolitic
plant.  The  Company's  name  was  changed  to  Fuji  Electrocell
Corporation  on  June  25, 1986 in connection  with  the  company
receiving an assignment of the right to market the Fuji brand  of
batteries  in  the United States. On June 25, 1986,  the  Company
also  amended  its  Articles  of Incorporation  to  increase  the
authorized capital stock to 50,000,000 Shares from 50,000 and  to
authorize  the  issuance of 20,000,000 shares of preferred  stock
with  a  par value of $0.01 per share. The Company again  changed
its name on June 21, 1999 to Classified OnLine.com (see "Exchange
Agreement"  below). The Company's principal place of business  is
located at 5104 Oleander Ave., Fort Pierce, FL 34954.

In March, 1999, the Company issued a total of 5,500,000 shares of
common  stock. Of this amount, 3,500,000 was given to Mr. Michael
J.  Lates, who replaced Steven Hocke as director of the  Company.
Mr.  Lates  was  appointed  as Vice President  and  charged  with
investigating Internet-type businesses as potential opportunities
for  the Company. Mr. James Blake was given 1,000,000 shares  for
his  work as the Company's treasurer, and Mr. Steve Tierney,  the
Company's  outside legal counsel, was given 1,000,000  shares  in
payment  of his legal services on behalf of the Company.  On  May
26,  1999,  the  Company's board approved a  1:20  reverse  stock
split.  This was done for the purpose of reducing the  number  of
common shares outstanding, thereby allowing the Company to  issue
additional  shares,  if necessary, in the  event  of  a  business
combination.

                        Exhange Agreement

On  June  21,  1999, the Company completed an exchange  agreement
with  a  company then known as ClassifiedOnLine.Com. The  company
had developed an internet web-site providing users the ability to
list  classified  advertisements on the internet.   The  web-site
allows users to search and place the ads by category of item  and
by    geographical   location.    The   web-site    address    is
http://www.classifiedonline.com. (see Plan  of  Operation;  "Item
6")  Under  the  terms  of the exchange agreement,  each  of  the
8,084,711   shares   outstanding  in   ClassifiedOnLine.Com   was
exchanged  for  one  share of the Company's common  stock.   Upon
completion, there were 10,000,369 shares of the Company's  voting
stock  outstanding, each with the same rights and  privileges  as
the  shares of the Company prior to the exchange. Upon completion
of  this  exchange,  the Company changed its name  to  Classified
OnLine.Com.  The company previously known as ClassifiedOnLine.Com
changed its name to WantToBuyOnline.Com and is now a wholly-owned
subsidiary  of  the  Company.  WantToBuyOnline.Com  has  had   no
operations.  Shareholders  of  the Company  before  the  exchange
agreement now own 80.84% of the issued and outstanding shares.

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.

ITEM 2.   DESCRIPTION OF PROPERTY.

The  Company has the use of a limited amount of office space from
its  President,  Richard J. Oldfield. The Company  pays  its  own
charges  for long distance telephone calls and other secretarial,
photocopying,  and  similar expenses.  The  Company  also  leases
certain  equipment for its internet operations. In May 1999,  the
Company  signed an agreement to lease computer equipement.  Under
the  terms  of  the agreement, the computer equipment  is  to  be
leased  for 36 months at $1,057.80 per month. In June  1999,  the
Company  also signed an addendum to the original lease agreement,
in  which the Company will pay an additional $71.80 per month for
a period of 34 months commencing in July 1999.

ITEM 3.   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.

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

No such matters were submitted during the fourth quarter of 1999.

                             PART II

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

Under the terms of the exchange agreement (see "Item 1"), each of
the   8,084,711   shares  outstanding  in  WantToBuy   Online.Com
(formerly  ClassifiedOnLine.Com) was exchanged for one  share  of
the   Company's  common  stock.   Upon  completion,  there   were
10,000,369 shares of the Company's voting stock outstanding, each
with  the same rights and privileges as the shares of the Company
prior  to  the  exchange. Subsequent to the  exchange  agreement,
7,128  shares  of undocumented shares were reissued for  exchange
for  no  consideration,  resulting in  the  10,007,497  currently
issued and outstanding.

                          Common Stock

The  Company's Articles of Incorporation authorizes the  issuance
of 50,000,000 shares of Common Stock, $0.001 par value per share,
of  which  10,007,497 are issued and outstanding. The shares  are
non-assessable,  without pre-emptive rights,  and  do  not  carry
cumulative  voting rights. Holders of common shares are  entitled
to  one vote for each share on all matters to be voted on by  the
stockholders. The shares are fully paid, non-assessable,  without
pre-emptive  rights, and do not carry cumulative  voting  rights.
Holders  of  common  shares  are entitled  to  share  ratably  in
dividends, if any, as may be declared by the Company from time-to-
time,   from  funds  legally  available.  In  the  event   of   a
liquidation,  dissolution, or winding  up  of  the  Company,  the
holders of shares of common stock are entitled to share on a pro-
rata  basis  all assets remaining after payment in  full  of  all
liabilities.

As  of  March 21, 2000, the Company had 10,007,497 shares  issued
and   outstanding,  of  which  8,835,203  shares  are  restricted
pursuant  to Rule 144, promulgated under the Securities  Act  and
are  subject to resale restrictions and, unless registered  under
the  Securities  Act or exempted under another provision  of  the
Securities Act, will be ineligible for sale in the public market.
Sales  may  be  made  after two years from their  acquisition  in
accordance  with  Rule 144. There are also  4,000,000  shares  of
common  stock  available  to  the  president  and  vice-president
through   stock  options  (see  "Items  10  &  11").  There   are
approximately 560 shareholders of the common stock. The stock  is
traded on the OTCBB under the symbol CLOL.

                         Preferred Stock

The  Company's Articles of Incorporation authorizes the  issuance
of  20,000,000  shares of preferred stock, $0.01  par  value  per
share.  The  Company's  Board  of Directors  has  the  authority,
without  action by the shareholders, to issue all or any  portion
of  the  authorized preferred stock in one or more series and  to
determine  the  voting rights, preferences as  to  dividends  and
liquidation, conversion rights, and other rights of such  series.
The  preferred  stock,  if  and when  issued,  may  carry  rights
superior to those of common stock; however no preferred stock may
be  issued  with  rights equal or senior to the  preferred  stock
without  the  consent  of  a majority of  the  holders  of  then-
outstanding preferred stock.

The  Company  considers  it desirable  to  have  preferred  stock
available   to  provide  increased  flexibility  in   structuring
possible  futureacquisitions  and  financings,  and  in   meeting
corporate  needs  which  may arise. If opportunities  arise  that
would  make  the  issuance of preferred stock  desirable,  either
through public offering or private placements, the provisions for
preferred  stock  in the Company's Certificate  of  Incorporation
would  avoid  the  possible delay and expense of a  shareholder's
meeting,   except  as  may  be  required  by  law  or  regulatory
authorities.  Issuance  of  the  preferred  stock  could  result,
however,  in  a series of securities outstanding that  will  have
certain  preferences  with respect to dividends  and  liquidation
over  the  common  stock which would result in  dilution  of  the
income per share and net book value of the common stock. Issuance
of additional common stock pursuant to any conversion right which
may be attached to the terms of any series of preferred stock may
also  result in dilution of the net income per share and the  net
book value of the common stock.

The  issuance of preferred stock could have the effect of  making
it  more difficult for a third party to acquire a majority of the
outstanding  voting  stock  of  the  Company.  Further,   certain
provisions  of  Nevada  law could delay or  make  more  difficult
amerger,  tender offer, or proxy contest involving  the  Company.
While  such  provisions  are intended  to  enable  the  Board  of
Directors to maximize shareholder value, they may have the effect
of discouraging takeovers which could be in the best interests of
certain  shareholders. There is no assurance that such provisions
will  not  have  an  adverse effect on the market  value  of  the
Company's stock in the future.

                            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.

During  1999, the president transferred 208,000 of his shares  to
outside  consultants in exchange for consulting, bookkeeping  and
legal services, which has been valued at $103,450.

In November 1999, the vice-president contributed 50,000 shares of
his  common stock to the Company's treasury. Subsequently,  3,700
shares  of  stock  were  reissued to  an  outside  consultant  in
exchange for services rendered, which was valued at $3,237.

The Company has not issued or sold any unregistered securities in
the previous three years, other than the March, 1999, issuance of
5,500,000 shares as discussed in Item 1 above.

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  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, in conjunction with those 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.

                      Year 2000 Compliance

The   Company  is  aware  of  the  issues  associated  with   the
programming  code in existing computer systems as the  year  2000
approaches.  Computer programs that have time sensitive  software
may  recognize a date using "00" as the year 1900 rather than the
year   2000.   This   could  result  in  a  system   failure   or
miscalculations causing disruption of normal business activities.

The  Company has verified that they will use only certified "Year
2000"  compatible  software for all of  the  company's  computing
requirements.  The  company believes that the "Year  2000"  issue
will  not  pose  significant operational problems  and  will  not
materially affect future financial results.

                            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. As the Company becomes operational during the year 2000,
it  will  be  necessary to hire additional  employees  The  exact
number  of  employees will be determined based upon the  size  of
operations.

ITEM 7.   FINANCIAL STATEMENTS.

Since  Classified  OnLine.Com was a  dormant  company,  financial
information  is  presented  as  if ClassifiedOnLine.Com  was  the
acquiring  company  the financial statements  and  notes  to  the
financial   statements  have  been  prepared,  accordingly.   The
financial statements and supplemental data required by this  Item
7  follow the index of financial statements appearing at Item  13
of this Form 10K-SB.

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

Since   the  exchange  has  been  accounted  for  as  a   reverse
acquisition,  there  has been no change  in  the  accountants  of
WantToBuy   Online.Com   (formerly  Classified   Online.Com)   to
disclose,  and  Management  has had  no  disagreements  with  the
findings of its current accountants.

                            PART III

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

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.

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

<TABLE>

<S>                      <C>    <C>

Name/Address             Age    Position
Richard J. Oldfield      51     President /
3104 Overbrook Dr.              Director
Port Saint Lucie, FL
34952
James W. Blake           40     Secretary / Treasurer
9175 Second Ave.
Jacksonville, FL 32208
Michael J. Lates         28     Vice President / Director
523 Greenleaf Meadows
Rochester, NY 14612
</TABLE>

The biographies of Messrs. Oldfield, Blake, and Lates is included
in  the  Company's  Amended Form 10-SB, and  is  incorporated  by
reference to section 5 of that document.

ITEM 10.  EXECUTIVE COMPENSATION

No  cash compensation of directors or executive officers is  paid
or  anticipated to be paid by the Company until such a time  that
the  Company  will generate revenue. Compensation  of  management
will  be  determined  by  the  board of  directors.  The  current
officers  and directors have received stock as sole compensation.
The  officers and directors are to devote a reasonable amount  of
their time and attention to the Company.

                   Summary Compensation Table

                Annual compensation       Long term compensation

<TABLE>

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

                                             Awards            Payout
                                                               s

Name and         Year  Salary  Bonu   Other  Restric  Securit  LTIP    All
Position               ($)     s      Annua  ted      ies      Payout  othe
                               ($)    l      Stock    underly  s ($)   r
                                      Comp.  Awards   ing              Comp
                                      ($)    ($)      options          .
                                                      / SARs           ($)
                                                      (#)
Classified
OnLine.com
(formerly Fuji)
(1)
Michael J.       1999                        175,000
Lates,                                       shares
Vice-                                        (2)
President/Direct
or
James Blake,     1999                        50,000
Sec./Treas./Dire                             shares
ctor                                         (2)
ClassifiedOnline
 .Com
(currently
WantToBuy)
Richard J.       1999                        4,473,6
Oldfield,                                    21
President/Direct                             shares
or
Michael J.       1999                        1,325,0
Lates,                                       00
Director                                     shares
Alan Kipnis,     1999                        786,090
Secretary/Direct                             shares
or
James Blake,     1999                        450,000
Treasurer/Direct                             shares
or
</TABLE>

              Option /SAR Grant in Last Fiscal Year

                        Individual Grants

<TABLE>

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

Name                  Number of     Percent of total  Exercise or base   Expiration
                     securities      options / SARs     price ($/sh)        Date
                     underlying        granted to
                   options / SARs     employees in
                     Granted (#)    last fiscal year
Richard J.        1,000,000                           $2.50/sh      6/2002
Oldfield,
President/Directo 1,000,000                           $2.00/sh          6/2001
r

Michael J. Lates, 1,000,000                           $2.50/sh          6/2002
Vice-             1,000,000                           $2.00/sh          6/2001
President/Directo
r
</TABLE>
(1)   The  compensation  table  differentiates  the  compensation
  received by the officers and directors from both companies prior
  to the acquisition on July 16, 1999.
(2)  The shares issued to Michael J. Lates and James Blake from
Classified OnLine.Com (formerly Fuji) are represented as 20:1
reverse split shares.
Mr.  Oldfield  and Mr. Lates have been granted two options  each;
one,  which  will  expire in June 2002, allows each  of  them  to
purchase  up  to one million (1,000,000) shares of the  company's
common stock at a price of $2.50; the other, which will expire in
June  2001,  allows each of them to purchase up  to  one  million
(1,000,000) shares each of the company's common stock at a  price
of  $2.00.  These options are granted as compensation  for  their
work on behalf of the Company.

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

The  following  tables  set  forth information  relating  to  the
beneficial  ownership  of the Company's  common  stock  by  those
persons  holding  beneficially more  than  5%  of  the  Company's
capital stock, by the Company's directors and executive officers,
and by all of the Company's directors and executive officers as a
group.

a) Security Ownership of Certain Beneficial Owners

<TABLE>

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

Title of  Name and Address of     Amount and        Percent of Class
Class     Beneficial Owner        Nature of
                                  Beneficial
                                  Ownership
Common    Alan R. & Sharon A.     944,701           9.44%
          Kipnis
          20529 Dumont St.
          Woodland Hills, CA
          91364
Common    Richard J. Oldfield     3,825,970         38.23%
          1839 SE Port Saint
          Lucie Blvd., Port
          Saint Lucie, FL 34952
Common    Michael J. Lates        1,430,800         14.30%
          1839 SE Port Saint
          Lucie Blvd., Port
          Saint Lucie, FL 34952
</TABLE>

b) Security Ownership of Management

<TABLE>

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

Title of  Name and Address of       Amount and        Percent of Class
Class     Beneficial Owner          Nature of
                                    Beneficial
                                    Ownership
Common    Rick Oldfield             3,825,970         38.23%
          1839 SE Port Saint Lucie
          Blvd., Port Saint Lucie,
          FL 34952
Common    Michael J. Lates          1,430,800         14.30%
          1839 SE Port Saint Lucie
          Blvd., Port Saint Lucie,
          FL 34952
Common    James W. Blake            500,000           5.00%
          9175 Second Ave.
          Jacksonville, FL 32208
Common    All directors and         5,756,770         57.52%
          officers as a group (3
          individuals)
</TABLE>
Note  that  Mr.  Oldfield and Mr. Lates  have  been  granted  two
options each; one, which will expire in June 2002, allows each of
them  to  purchase up to one million (1,000,000)  shares  of  the
company's common stock at a price of $2.50; the other, which will
expire  in June 2001, allows each of them to purchase up  to  one
million (1,000,000) shares each of the company's common stock  at
a  price of $2.00. These options are granted as compensation  for
their  work  on  behalf  of the Company. If  these  options  were
exercised,  Mr.  Oldfield's ownership would increase  to  41.59%,
while  Mr.  Lates' would increase to 24.49%. In such  event,  the
ownership  of Messrs. Kipnis and Blake would decrease  to  6.74%,
and  3.57% respectively, and the officers and directors would own
69.65% of the Company's common stock.

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

During  February 9, 1999 through December 31, 1999, $9,172.00  of
the Company's expenses were funded by Treasure Coast Mortgage,  a
mortgage company in which the president is also a principal.

ITEM 13.  FINANCIAL STATEMENTS AND EXHIBITS.

FINANCIAL STATEMENTS

          Reports  of Independent Auditor, Morgan, Jacoby, Thurn,
            Boyle & Associates, P.A. dated April 6, 2000.

          Consolidated Balance Sheet as of December 31, 1999

          Consolidated  Statement of Operations  for  the  period
            from  February  9, 1999 (inception) through  December
            31, 1999.

          Consolidated Statement of Stockholders' Equity for  the
            period  from  February  9, 1999  (inception)  through
            December 31, 1999.

          Consolidated  Statement of Cash Flows  for  the  period
            from  February  9, 1999 (inception) through  December
            31, 1999.

          Notes to Consolidated Financial Statements

                  Independent Auditors' Report

The Board of Directors
Classified OnLine.Com:

We  have  audited the accompanying consolidated balance sheet  of
Classified  OnLine.Com  (A Development Stage  Enterprise)  as  of
December  31,  1999  and the related consolidated  statements  of
operations, stockholders' equity (deficit) and cash flows for the
period  from  February 9, 1999 (inception) through  December  31,
1999.    These   consolidated  financial   statements   are   the
responsibility  of the Company's management.  Our  responsibility
is   to  express  an  opinion  on  these  consolidated  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 of 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 a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to
above  present  fairly, in all material respects,  the  financial
position  of Classified OnLine.Com as of December 31,  1999,  and
the  results of its operations and its cash flows for the  period
from  February 9, 1999 (inception) through December 31,  1999  in
conformity with generally accepted accounting principles.

/s/ Morgan, Jacoby, Thurn, Boyle & Associates, P.A.
Vero Beach, Florida
April 6, 2000

                                2


                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

                   Consolidated Balance Sheet

                        December 31, 1999
<TABLE>

<S>
                                                <C  <C>
                                                >
                    Assets


Current assets:
Cash and cash equivalents                        $   420
Accounts receivable                                  202
Prepaid expenses                                     52,185

Total current assets                                 52,807

Other assets                                          22,948

                                                $   75,755

Liabilities and Stockholders' Equity (Deficit)
Current liabilities:
Accounts payable (note 5)                            119,857
Total current liabilities                            119,857

Stockholders' equity (deficit) (notes 2 and
3):
Preferred stock, $01 par value, authorized           -
20,000,000
shares, none issued and outstanding
Common stock, $.001 par value, authorized            10,007
25,000,000 shares, issued 10,007,497 shares
Additional paid-in capital                            365,197
Deficit accumulated during development stage         (378,79
                                                    3)

                                                     (3,589)

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

Total stockholders' equity (deficit)                 (44,102
                                                    )


Commitments (note 4)

                                                $   75,755

</TABLE>

See accompanying notes to consolidated financial statements.

                                3


                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

              Consolidated Statement of Operations

            Period from February 9, 1999 (inception)
                    Through December 31, 1999

<TABLE>

<S>                                       < <C>
                                          C
                                          >


Net sales                                 $ 202

Expenses:
General and administrative                  181,233
Consulting and professional                 181,743
Equipment rental                            10,762
Other                                       5,257

Total expenses                               378,995

Loss before income taxes                     (378,793
                                            )
                                             -

Income taxes (note 1)
Net loss                                   $ (378,793
                                            )

Basic loss per common share                 $ (0.04)

Weighted average shares outstanding           9,076,41
                                            6
</TABLE>

See accompanying notes to consolidated financial statements.

                                4


                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

    Consolidated Statement of Stockholders' Equity (Deficit)

            Period from February 9, 1999 (inception)

                    Through December 31, 1999

<TABLE>
                                                   <C>       <C>
<S>                 < <C>     <C>       <C>
                    C
                    >
                                                   Treasury   Total
                      Common  Additio   Accumulat   Stock
                       Stock    nal        ed
                              Paid-in    Deficit
                              Capital

Issuance of 8,084,711 $ 8,085   244,609   -          -         252,694
shares (note 2)

Reverse acquisition     1,915   (26,605   -          -         -
of 1,915,658 shares           )
of
ClassifiedOnLine.Co
m (notes 1 and 2)

7,128 shares issued     7       (7)       -          -         -
for undocumented
shares (note 2)

Shares transferred by   -       103,450   -          -         103,450
officer for
services (note 2)

50,000 shares           -       43,750    -          (43,750)  -
contributed to
treasury by officer
(note 2)

3,700 shares reissued   -       -         -          3,237     3,237
from treasury for
services (note 2)

Net loss                                (378,793)            (378,793
                      -       -                    -         )

Balance, December   $ 10,007  365,197   (378,793)  (40,513)  (44,102)
31, 1999
</TABLE>

See accompanying notes to consolidated financial statements.

                                5


                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

              Consolidated Statement of Cash Flows

            Period from February 9, 1999 (inception)
                    Through December 31, 1999

<TABLE>
<S>                                          < <C>
                                           C
                                           >
Cash flows from operating activities:
Reconciliation of net loss to net cash
provided by operating activities:
Net loss                                     $ (378,7
                                             93)
Adjustments to reconcile net loss to net
cash provided by operating activities:
General, administrative, and consulting       359,38
expenses compensated through the issuance    1
of common stock
Increase in accounts receivable               (202)
Increase  in  prepaid expenses  and  other    (75,13
assets                                       3)
Increase in accounts payable                  95,167
Total adjustments                             379,21
                                             3

Net cash provided by operating activities     420

Cash flows from investing activities

Cash flows from financing activities

Net change in cash and cash equivalents       420

Cash  and cash equivalents at beginning  of
year

Cash and cash equivalents at end of year     $ 420
</TABLE>
Supplemental schedule of non-cash investing and financing
activities:
<TABLE>
<S>                                          <C>  <C>

Reverse acquisition of ClassifiedOnLine.Com
(notes 1 and 2):
Accounts payable                              24,690
Common stock                                  1,915
Additional paid-in capital                    (26,60
                                             5)
Issuance of 7,128 shares of undocumented
common stock of ClassifiedOnLine.Com for
no consideration (note 2):
Common stock                                  7
Additional paid-in capital                    (7)

Contribution of 50,000 shares of common
stock to treasury by a Company officer
(note 2):
Additional paid-in capital                    43,750
Treasury stock                                (43,75
                                             0)
</TABLE>

See accompanying notes to consolidated financial statements.

                                6

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

                        December 31, 1999

(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  July  16, 1999, Classified OnLine.Com (formerly  Fuji
        Electrocell  Corporation)  acquired  ClassifiedOnLine.Com
        in  accordance with an exchange agreement approved by the
        boards  of directors of both companies.  Under the  terms
        of  the  exchange agreement, each of the 8,084,711 shares
        outstanding  in  the ClassifedOnLine.Com's  common  stock
        were  exchanged for one share of Classified  OnLine.Com's
        common  stock.   Upon completion of the  exchange,  there
        were  10,000,369 shares of common stock outstanding.   As
        a  result  of  the exchange, Fuji Electrocell Corporation
        changed   its   name   to   Classified   OnLine.Com   and
        ClassifiedOnLine.Com     changed     its     name      to
        WantToBuyOnline.Com,   which   became   a    wholly-owned
        subsidiary        of        Classified        OnLine.Com.
        WantToBuyOnline.Com  has had no operations  during  1999.
        The  merged companies will continue ClassifedOnLine.Com's
        operations  as  an internet-based classified  advertising
        web-site.   Since  Classified OnLine.Com  was  a  dormant
        company,  the  combined  companies  will  carry   forward
        ClassifiedOnLine.Com's   plan    of    operations,    and
        ClassifiedOnLine.Com's shareholders will  own  80.84%  of
        the  outstanding common stock of the combined  companies,
        the   exchange  has  been  accounted  for  as  a  reverse
        acquisition.    Accordingly,  financial  information   is
        presented  as  if ClassifiedOnLine.Com was the  acquiring
        company,   and   financial  information   of   Classified
        OnLine.Com  is  included  from the  exchange  date.   The
        historical  financial statements prior to July  16,  1999
        are    those   of   ClassifiedOnLine.Com.    Pro    forma
        information is not presented since the combination  is  a
        recapitalization rather than a business combination.

        As   of  December  31,  1999,  the  Company  was  in  the
        development  stage and had not begun its  operations  and
        had   no   significant  source  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)Cash and Cash Equivalents

        The  Company  considers  all  highly  liquid  investments
        purchased with a maturity of three months or less  to  be
        cash equivalents.

                                                      (Continued)

                                7

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

     (c)Other Assets

        Prepaid  expenses and other noncurrent assets consist  of
        prepaid  professional fees, software costs, and  Internet
        registration  fees, which are amortized to  expense  over
        the period benefited.

     (d)Advertising

        Advertising costs are charged to operations in  the  year
        incurred.   Advertising  costs were  $14,050  during  the
        period  ended  December 31, 1999  and  were  included  in
        general  and  administrative expenses in the accompanying
        statement of operations.

     (e)Income Taxes

        Income  taxes  are  accounted for  under  the  asset  and
        liability  method prescribed by SFAS No.  109.   Deferred
        tax  assets and liabilities are recognized for the future
        tax  consequences attributable to differences between the
        financial  statement carrying amounts of existing  assets
        and   liabilities   and  their  respective   tax   bases.
        Deferred  tax  assets and liabilities are measured  using
        enacted tax rates expected to apply to taxable income  in
        the  years  in  which  those  temporary  differences  are
        expected  to  be  recovered or settled.   The  effect  on
        deferred  tax  assets or liabilities of a change  in  tax
        rates  is  recognized  in  income  in  the  period   that
        includes the enactment date.

        There  was  no  provision  for income  taxes  during  the
        period   from   February  9,  1999  (inception)   through
        December  31,  1999 due to the operating  loss  incurred.
        There  were  no  temporary differences which  would  give
        rise  to  deferred taxes, except for the  operating  loss
        carryforward  totaling  $378,793  generated  during   the
        period  (expiring in 2019) which has been valued at  zero
        due  to the uncertainty that any benefit will be realized
        in future periods.

     (f)Fair Value of Financial Instruments

        The  estimated fair values of the Company's cash and cash
        equivalents  and  current  liabilities  approximate   the
        carrying  amount  due to the short-term  nature  of  such
        financial instruments.

     (g)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  period  ended
        December 31, 1999 and is therefore not reported.

                                                      (Continued)

                                8

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

     (h)Stock Options

        On  October 23, 1995, the Financial Accounting  Standards
        Board  (FASB)  issued Statement No. 123,  Accounting  for
        Stock-Based   Compensation   (Statement    123).     This
        Statement applies to all transactions in which an  entity
        acquires  goods or services by issuing equity instruments
        or  by  incurring  liabilities where the payment  amounts
        are  based  on  the  entity's common  stock  price.   The
        Statement  covers  transactions with employees  and  non-
        employees.  The Company has adopted Statement 123,  which
        permits  entities (1) to continue to use  the  Accounting
        Principles Board Opinion No. 25 (APB 25) method,  or  (2)
        to  adopt  the  Statement 123 fair  value  based  method.
        Once  the method is adopted, an entity cannot change  the
        method  and  the method selected applies  to  all  of  an
        entity's   compensation  plans  and  transactions.    For
        entities not adopting the Statement 123 fair value  based
        method,  Statement 123 requires pro forma net income  and
        earnings  per  share information as  if  the  fair  value
        based   method   had   been  adopted.    Management   has
        determined  that the Company will account for stock-based
        compensation  under the APB 25 method and  will  disclose
        the pro forma impact of Statement 123.

     (i)Use of Estimates

        The  preparation of the Company's consolidated  financial
        statements   in   conformity  with   generally   accepted
        accounting   principles  requires  management   to   make
        estimates  and  assumptions  that  affect  the   reported
        amounts  of  assets, liabilities, revenues  and  expenses
        and  contingent  assets and liabilities.  Actual  results
        could differ from those estimates.

     (j)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  December  31,  1999,  the
        Company   had  no  components  considered  to  be   other
        comprehensive income.

     (k)New Pronouncements

        In   June  1999,  the  FASB  issued  Statement  No.  133,
        Accounting   for  Derivative  Instruments   and   Hedging
        Activities  (Statement 133), which establishes accounting
        and  reporting  standards for derivative instruments  and
        hedging  activities.  Statement 133 requires  recognizing
        derivatives  as assets or liabilities at fair  value  and
        defines certain conditions when such derivatives  may  be
        considered  hedges.   Statement  133  is  effective   for
        fiscal years beginning after June 15, 2000 (2001 for  the
        Company),  as  amended  by  Statement  No.  137.   As  of
        December 31, 1999, the Company had no such derivatives.

                                                      (Continued)

                                9

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements
(2)  Capital Stock

   The  Company's articles of incorporation authorizes 20,000,000
   shares  of preferred stock to be issued with a $.01 par value.
   The  board of directors may determine, among other things, the
   number  of  shares  constituting a series of preferred  stock,
   the  rate  and  preference of dividends, if any,  whether  any
   dividends  would be cumulative, whether preferred  shares  may
   be  redeemed, and if so, the redemption price, and liquidation
   preferences.   As  of December 31, 1999, the Company  has  not
   issued any preferred stock

   Upon  formation  of the Company, 8,084,711  shares  of  common
   stock were issued to several individuals for compensation  for
   various  organizational and consulting  services  provided  to
   the  Company.  The stock was valued at $252,694, which was the
   estimated fair value of the stock at the time of issuance  and
   was   the  approximate  value  of  services  provided  to  the
   Company.

   On   July  16,  1999,  Classified  OnLine.Com  (formerly  Fuji
   Electrocell  Corporation) acquired the Company  in  accordance
   with  an exchange agreement approved by the board of directors
   of  both companies (see note 1a).  The acquisition resulted in
   an  increase  in accounts payable of $24,690, an  increase  in
   common  stock of $1,915, and a reduction in additional paid-in
   capital of $26,605.

   Subsequent   to   the  acquisition  noted  above,   7,128   of
   undocumented  shares  of  Classified OnLine.Com  common  stock
   were  presented  for exchange for no consideration,  resulting
   in  an  increase in common stock and a reduction in additional
   paid-in capital in the amount of $7.

   During  the  period  ended December 31,  1999,  the  Company's
   president transferred 208,000 shares of his ownership  in  the
   Company's common stock to outside consultants in exchange  for
   their  services.   The services, valued at the  relative  fair
   value  of  $103,450,  were  reflected  as  a  contribution  to
   capital  and  consulting  and  professional  expense  in   the
   accompanying consolidated financial statements.

   In  November  1999,  the Company's vice-president  contributed
   50,000  shares of his common stock in the Company to treasury.
   The  stock was reflected as a contribution to capital  and  an
   increase in treasury stock at the fair value of the shares  on
   the   date   of   transfer,   which   amounted   to   $43,750.
   Subsequently, 3,700 shares of the stock held in treasury  were
   reissued  to  an outside consultant at the fair value  of  the
   services rendered, which amounted to $3,237.
(3)  Stock Options

   On  June  11,  1999,  the Company issued options  to  purchase
   shares  of  common stock to the Company's president and  vice-
   president.   The  Company's president and vice-president  each
   received options to purchase 1,000,000 shares of common  stock
   at  $2.00  per share, expiring June 11, 2001, and  options  to
   purchase 1,000,000 shares of common stock at $2.50 per  share,
   expiring June 11, 2002.  The options may be exercised  at  any
   time  during those periods.  As of December 31, 1999, none  of
   the options have been exercised.

   As  of  December  31,  1999, the Company's  outstanding  stock
   options,  representing 4,000,000 shares of common stock,  have
   exercise  prices  ranging  from $2.00  to  $2.50,  a  weighted
   average  exercise  price of $2.25, and  a  remaining  weighted
   average contractual life of approximately two years.
                                                      (Continued)

                               10

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

   No  compensation expense was recorded during  the  period  for
   the  options  issued to the Company's officers, in  accordance
   with APB 25.  Had compensation expense been determined on  the
   fair  value  at  the  date  of grant in  accordance  with  the
   provisions of Statement 123, the Company's net loss  and  loss
   per  share would have remained unchanged.  The fair  value  of
   each option grant is estimated on the date of grant using  the
   Black-Scholes   option-pricing  model   with   the   following
   weighted-average  assumptions  used  for   grants   in   1999:
   dividend  yield of 0%; expected volatility of 150%;  risk-free
   interest  rate of 5.45%; and, expected lives of two  or  three
   years, depending on the option period.

(4)  Commitments and Contingencies

   Leases

   The   Company  leases  certain  equipment  for  its   internet
   operations  under  operating  leases  expiring  in  May  2002.
   Future  minimum  lease payments for such noncancelable  leases
   as of June 30, 1999 are as follows:

<TABLE>

<S>                                   <C>      <C>

              2000                      $   13,555
              2001                          13,555
              2002                            4,518

Total                                   $   31,628
</TABLE>

   Rent  expense  under lease agreements totaled  $10,762  during
   the  period from February 9, 1999 (inception) through December
   31, 1999.

   Legal Matters

   The  Company is involved in various legal actions  arising  in
   the   ordinary  course  of  business.   In  the   opinion   of
   management,  the  ultimate disposition of these  matters  will
   not  have a material adverse effect on the Company's financial
   condition.

(5)  Related Party Transactions

   During  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  December  31,
   1999, the Company owed the president, vice-president, and  the
   stockholders  $46,345, $5,000, and $8,639,  respectively,  for
   reimbursement of such expenses.

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

                               11

                      CLASSIFIED ONLINE.COM
                (A Development Stage Enterprise)

           Notes to Consolidated Financial Statements

(6)  Subsequent Event

   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.

EXHIBITS

  a)   2.1     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)   2.2  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)   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.



                           Classified OnLine.com



                           By: /s/ Richard J. Oldfield
                              Richard J. Oldfield, President