SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                                   FORM 10QSB


                  Quarterly Report under Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


For Quarter Ended                                    Commission File Number
September 30, 1999                                   33-28188


                     THE OHIO & SOUTHWESTERN ENERGY COMPANY
             (Exact name of registrant as specified in its charter)


                       Colorado                      84-1116458
              (State of incorporation)            (I.R.S. Employer
                                                 Identification No.)

                7535 E. Hampden Ave., Ste. 600, Denver, CO 80231
               (Address of principal executive offices) (Zip Code)

            Registrant's telephone number, including area code: None


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2)  has  been  subject  to the  filing
requirements for at least the past 90 days.

                              Yes  X       No   ___

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

                       9,736,695 as of September 30, 1999


<PAGE>
<TABLE>
<CAPTION>

                               THE OHIO & SOUTHWESTERN ENERGY COMPANY
                                    (A Development Stage Company)
                                            BALANCE SHEET
                              September 30, 1999 and December 31, 1998
                                      (Unaudited - See Note 1)

                                             September 30,                  December 31,
                                                  1999                          1998
                                          -----------------             -----------------

                                     ASSETS

Current Assets:
<S>                                             <C>                           <C>
Cash and cash equivalents                             $ -                           $ -

Prepaid expenses                                    $ 343                           $ -

Total current assets                                $ 343                           $ -
                                             =================             =================
TOTAL ASSETS                                        $ 343                           $ -
                                             =================             =================

                                       LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
Accounts Payable                                 $ 25,189                      $ 21,642
Accounts payable, related parties                $ 55,050                      $ 28,323

                                             -----------------             -----------------
Total current liabilities                        $ 80,239                      $ 49,965
                                             -----------------             -----------------

Stockholder's Equity:

Common stock, $0.0001 stated                    $ 118,730                     $ 118,730
value Authorized 100,000,000
shares Issued and outstanding
9,736,695 shares

Preferred stock, no par value,                        $ -                           $ -
100,000,000 shares authorized, no
shares outstanding

Contributed capital                              $ 25,442                      $ 25,442

Retained Earnings (deficit)                     $(224,068)                    $(194,137)

                                           -----------------             -----------------
Total Stockholders' equity                      $ (79,896)                    $ (49,965)
                                           -----------------             -----------------

TOTAL LIABILITIES &
STOCKHOLDERS' EQUITY                                $ 343                           $ -
                                           =================             =================

</TABLE>


    The accompanying notes are an integral part of the financial statements.

<PAGE>
<TABLE>
<CAPTION>

                                              THE OHIO & SOUTHWESTERN ENERGY COMPANY
                                                   (A Development Stage Company)
                                                STATEMENT OF OPERATIONS AND DEFICIT
                                        for the three and nine month period ended September
                                                         30, 1999 and 1998
                                  and February 28, 1989 (Date of Inception) to September 30, 1999
                                                      (Stated in US Dollars)
                                                     (Unaudited - See Note 1)

                                                                                                           Cumulative
                                                                                                         from February
                                                                                                         28, 1989 (Date
                                                 Three Months Ending          Nine Months Ending        of Inception) to
                                                    September 30,                September 30,           September 30,
                                                 1999           1998          1999          1998              1999
<S>                                              <C>            <C>            <C>          <C>                 <C>
          Revenue & Interest                             -                            -             -                   -

          Expenses
             Accounting and audit fees               1,244                        2,433             -               6,933
             Amortization                                                             -             -                 750
             Consulting fees                             -         6,200              -         6,200               6,200
             Filing fees                                 -                            -             -                 300
             General and administrative
                expenses                             1,614           410          4,173         4,805              84,678
             Legal fees                             (3,026)       25,000         10,434        25,000              43,524
             Management fees                             -                            -         7,000               7,000
             Rent                                    1,019                        4,436             -               7,322
             Telephone expense                         113                        2,174             -               4,626
             Transfer agent fees                       603                        1,946             -               3,304
             Travel and promotion                    1,830                        4,335             -               5,779

                                             -------------- ------------- ---------------------------- -------------------
          Loss before the following:                (3,397)      (31,610)       (29,931)      (43,005)           (170,416)
             Unauthorized distribution                   -                            -             -             (69,116)
             Gain on settlement of debt                  -                            -        15,464              15,464

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

          Net Loss for the period                 $ (3,397)     $(31,610)      $(29,931)     $(27,541)          $(224,068)
                                             ============== ============= ============================ ===================

                                                         -             -              -             -
          Net loss per share
                                             ============== ============= ============================

          Weighted average number of
             common shares outstanding           9,736,695     9,550,695      9,736,695     6,694,695

                                             ============== ============= ============================

</TABLE>


<PAGE>
<TABLE>
<CAPTION>

                                     THE OHIO & SOUTHWESTERN ENERGY COMPANY
                                          (A Development Stage Company)
                                             STATEMENT OF CASH FLOWS
                              for the six months ended September 30, 1999 and 1998
                         and February 28, 1989 (Date of Inception) to September 30, 1999
                                             (Stated in US Dollars)
                                            (Unaudited - See Note 1)
                                                                                                  Cumulative
                                                                                                 from February
                                                                                                   28, 1989
                                                                                               (Date of Incept-
                                                                Nine Months ended                  tion) to
                                                         September 30,        September 30,      September 30,
                                                             1999                1998                1999
Cash flow from operating activities:
<S>                                                              <C>                <C>                  <C>
Net income (loss)                                                (29,931)           (27,541)             (224,068)

Adjustments to reconcile net income (loss)
 to net cash provided (used) by operating
activities:
   Amortization                                                                                               750
   Consulting fees                                                                    6,200                 6,200
   Gain on settlement of debt                                                       (15,464)              (15,464)
   Management fees                                                                    7,000                 7,000
Changes in non-cash items:
   Prepaid expenses                                                 (343)                                    (343)
   Accounts Payable                                                3,547             29,805                42,153
   Due to related party                                           26,727                                   55,050

                                                      -------------------  -----------------  --------------------
Cash provided (used) by
   operating activities                                           29,931             27,541              (128,722)
Cash flows used in investing activity
   Organization costs                                                  -                  -                  (750)

                                                      ===================  =================  ====================

Net cash used in investing activity                                    -                $ -                  (750)
                                                      ===================  =================  ====================
Cash flows from financing activities:
   Proceeds from issuance of common stock                              -                  -               131,300
   Payment of offering costs                                           -                  -               (27,270)
   Contributed capital                                                 -                  -                25,442

                                                      -------------------  -----------------  --------------------
Net cash provided by financing activities                              -                  -               129,472

                                                      ===================  =================  ====================

Cash beginning of period                                               -                212                     -
                                                      -------------------  ---------------------------------------

Cash, end of period                                                  $ -              $ 212                   $ -
                                                      ===================  =======================================

</TABLE>


<PAGE>
<TABLE>
<CAPTION>

                                    THE OHIO & SOUTHWESTERN ENERGY COMPANY
                                        (A Development Stage Company)
                            STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
               for the period from February 28, 1989 (Date of Inception) to September 30, 1999
                                            (Stated in US Dollars)
                                           (Unaudited - See Note 1)

                                                                                     Deficit
                                                                                   Accumulated
                                                                                   During the
                                           Common Stock          Contributed       Development
                                       Shares     Amount           Capital            Stage           Total
<S>                                       <C>         <C>                 <C>          <C>            <C>
Balance, February 28, 1989                     -           $ -            $ -          $ -                 $ -
   Issuance of stock to insiders
   on March 7, 1989 - at $0.30
   per share                              33,347        10,000              -                   -       10,000
                                     ------------ ------------- --------------  ------------------ ------------

Balance, December 31, 1989                33,347        10,000              -                   -       10,000
   Issuance of stock during
   public offering for $3.00 per
   share, net of offering costs
   of $27,270                             33,348        72,730                                          72,730
   Net loss                                    -             -              -             (84,159)     (84,159)
                                     ------------ ------------- --------------  ------------------ ------------

Balance, December 31, 1990                66,695        82,730              -             (84,159)      (1,429)
   Net Loss                                    -             -              -              (3,416)      (3,416)
                                     ------------ ------------- --------------  ------------------ ------------

Balance, December 31, 1991                66,695        82,730              -             (87,575)      (4,845)
   Net Loss                                    -             -              -              (2,713)      (2,713)
                                     ------------ ------------- --------------  ------------------ ------------

Balance, December 31, 1992                66,695        82,730              -             (90,288)      (7,558)
   Net Loss                                    -             -                             (1,614)      (1,614)
                                     -------------------------- --------------  ------------------ ------------

Balance, December 31, 1993                66,695        82,730              -             (91,902)      (9,172)
   Net Loss                                                  -              -              (1,863)      (1,863)
                                     -------------------------- --------------  ------------------ ------------

Balance, December 31, 1994                66,695      $ 82,730            $ -           $ (93,765)    $(11,035)




                                                                                  .... /Continued

</TABLE>


<PAGE>
<TABLE>
<CAPTION>

                                   THE OHIO & SOUTHWESTERN ENERGY COMPANY
                                        (A Development Stage Company)
                           STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
               for the period from February 28, 1989 (Date of Inception) to September 30, 1999
                                           (Stated in US Dollars)
                                          (Unaudited - See Note 1)

                                                                                    Deficit
                                                                                  Accumulated
                                                                                  During the
                                           Common Stock           Contributed     Development
                                       Shares        Amount         Capital          Stage           Total
<S>                                     <C>           <C>             <C>            <C>             <C>
Balance, December 31, 1994                 66,695       82,730               -          (93,765)      (11,035)
   Issuance of stock for
   services rendered - at $0.03
   per share                               50,000        1,500               -                -         1,500
   Contributed capital                          -            -          24,842                -        24,842
   Net loss                                     -            -               -          (16,735)      (16,735)
                                    ---------------------------  -------------- ----------------  ------------

Balance, December 31, 1995                116,695       84,230          24,842         (110,500)       (1,428)
   Net loss                                     -            -               -           (9,068)       (9,068)
                                    ---------------------------  -------------- ----------------  ------------

Balance, December 31, 1996                116,695       84,230          24,842         (119,568)      (10,496)
   Issuance of stock for cash
   - $0.011 per share                   2,000,000       21,300               -                -        21,300
   Contributed capital                          -                          600                -           600
   Net loss                                     -            -               -          (22,261)      (22,261)
                                    ---------------------------  -------------- ----------------  ------------

Balance, December 31, 1997              2,116,695      105,530          25,442         (141,829)      (10,857)
   Issuance of stock for
   services rendered
   - at $0.001 per share                7,000,000        7,000               -                -         7,000
   - at $0.01 per share                   620,000        6,200               -                -         6,200
   Net loss                                     -            -               -          (52,308)      (52,308)
                                    ---------------------------  -------------------------------  ------------

Balance, December 31, 1998              9,736,695      118,730          25,442         (194,137)      (49,965)
   Net loss                                     -            -               -          (29,931)      (29,931)
                                    ---------------------------  -------------- ----------------  ------------

Balance, September 30, 1999             9,736,695     $118,730        $ 25,442       $ (224,068)     $(79,896)
                                    ===========================  ============== ================  ============

</TABLE>


<PAGE>


                     THE OHIO & SOUTHWESTERN ENERGY COMPANY
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                               September 30, 1999
                             (Stated in US Dollars)
                             (Unaudited See Note 1)

Note 1   Interim Reporting

These  financial  statements  have not been  audited or  reviewed  and have been
prepared  on  a  compilation  basis  only.  Readers  are  cautioned  that  these
statements  may not be appropriate  for their  purposes.  While the  information
presented  in the  accompanying  interim  nine  month  financial  statements  is
unaudited,  it includes all adjustments  which are in the opinion of management,
necessary to present  fairly the financial  position,  result of operations  and
changes in cash flows for the interim  period  presented.  It is suggested  that
these  financial  statements be read in  conjunction  with the December 31, 1998
audited financial statements and notes thereto.

Note 2        Nature and Continuance of Operations

The company is in the development  stage and is devoting its efforts to locating
merger candidates.

These  financial  statements  have been prepared on a going concern  basis.  The
company has accumulated a deficit of ($224,068) since inception.  Its ability to
continue  as a going  concern is  dependent  upon the  ability of the company to
generate  profitable  operations  in the future  and/or to obtain the  necessary
financing to meet its obligations and repay its liabilities  arising from normal
business operations when they come due.

The company was incorporated in Colorado on February 28, 1989.

Note 3        Summary of Significant Accounting Policies

The financial  statements  of the company have been prepared in accordance  with
generally accepted accounting principles in the United States. Because a precise
determination  of many assets and  liabilities  is dependent upon future events,
the preparation of financial  statements for a period  necessarily  involves the
use of estimates  which have been made using careful  judgement.  Actual results
could differ from those estimates.

The financial statements have, in management's  opinion,  been properly prepared
within  reasonable  limits  of  materiality  and  within  the  framework  of the
significant accounting policies summarized below:

Development Stage Company
The company is a development  stage company as defined in Statement of Financial
Accounting Standards No. 7. The company


<PAGE>


is devoting  substantially  all of its present efforts to acquire a new business
and  none  of its  planned  principal  operations  have  commenced.  All  losses
accumulated  since  inception  have  been  considered  as part of the  company's
development stage activities.

Income Taxes
The company uses the liability method of accounting for income taxes pursuant to
Statement of Financial  Accounting  Standards,  No. 109  "Accounting  for Income
Taxes.

Loss Per Share
Loss per share  figures have been  calculated  based upon the  weighted  average
number of shares outstanding during the years.

Fair Value of Financial Instruments
The  carrying  value  of  cash,accounts  payable  and  due  to  related  parties
approximates fair value because of the short maturity of these instruments.

Note 4        Capital Stock -

                  i)   Preferred Stock

           a)     Authorized:
                       100,000,000, $0.01 par value

           b)     Issued:

              None issued

         ii)  Common stock
           a)     Authorized:
              1,000,000,000, no par value
                                                         #                 #
           b)     Issued:                               1999             1998
                                                        ----             ----
              Balance, September 30, 1999 and 1998     9,736,695       9,736,695
                                                       =========       =========

              iii)On October 22, 1997, the company  completed a reverse split on
                  a one common  share for 300 common  shares  basis.  All common
                  share  transactions  prior to the split have been  restated to
                  reflect this split.


<PAGE>


ITEM 2. MANAGEMENTS  DISCUSSION AND ANALYSIS OF FINANCIAL  CONDITION AND RESULTS
OF OPERATIONS


RESULTS OF  OPERATIONS  FOR THE NINE  MONTH  PERIOD  ENDED  SEPTEMBER  30,  1999
COMPARED TO SAME PERIOD IN 1998

The Company currently has no business  operations and no business revenues.  The
Company has  experienced  expenses  for the nine month period of $29,931 in 1999
and $43,005 in 1998. The Company had no revenues for the period in 1999 or 1998.
The Company had a net loss of ($29,931) for the period in 1999 and a net loss of
($27,541) in the same period 1998. The Company losses will continue until income
can be achieved.  While the company is seeking  capital  sources for investment,
there is no assurance that sources can be found.

RESULTS OF OPERATIONS FOR THE QUARTER ENDED  SEPTEMBER 30, 1999 COMPARED TO SAME
QUARTER IN 1998

The Company currently has no business  operations and no business revenues.  The
Company had expenses  totaling $3,397 in the period in 1999 compared to expenses
of $31,610 in the period in 1998.  The  Company had no revenues in the period in
1999 or 1998. The Company  incurred a net loss of ($3,397) in the period in 1999
and a net loss of ($31,610) in the same period in 1998.

The Company's losses will continue until a business and revenues can be acquired
and achieved.  While the Company is seeking a business  acquisition  and capital
sources for  investment,  there is no assurance that a business can be acquired,
or that any capital sources for investment will be achieved.

LIQUIDITY AND CAPITAL RESOURCES

The  Company  had no cash  capital at the end of the  period and no assets.  The
Company will be forced to either  borrow or make private  placements of stock in
order to fund operations. No assurance exists as to the ability to achieve loans
or make private placements of stock.

                           PART II - OTHER INFORMATION

ITEM 1.       LEGAL PROCEEDINGS

                  None

ITEM 2.       CHANGES IN SECURITIES

                  None

ITEM 3.       DEFAULT 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

          No reports on Form 8-K were made for the period for which this  report
is filed.


<PAGE>


                     THE OHIO & SOUTHWESTERN ENERGY COMPANY
                          (A Development Stage Company)


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                    THE OHIO AND SOUTHWESTERN ENERGY COMPANY

Date: November 4, 1999
                                    /s/ Ralph Shearing
                                    ----------------------------------------
                                    Ralph Shearing, President