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|  One e Commerce Corporation                             |
|--------------------------------------------------------------|
|  (Exact name of registrant as specified in its charter) |

| Nevada                            |   | 87-0531751          |
|-----------------------------------|--------|---------------------|
| (State or other jurisdiction      |   | (I.R.S. Employer    |
| of incorporation or organization) |   | Identification No.) |

| One Clyde Street, Golf, Illinois, 60029-0083       |
|----------------------------------------------------|
| (Address of Principal Executive Office) (Zip Code) |

| (312) 983-8980                                            |
|-----------------------------------------------------------|
| Registrant’s telephone number, including area code) |

| Large accelerated filer   ̈                |   |   |   | Accelerated filer   ̈         |
|----------------------------------------------------------|--------|--------|--------|---------------------------------------------|
| Non-accelerated filer   ̈                  |   |   |   | Smaller reporting company  þ |
|  (Do not check if a smaller reporting company) |

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| PART I – FINANCIAL INFORMATION |                                                                                                                                                                  |
|--------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                 |                                                                                                                                                                  |   |   |   |
| ITEM 1.                         | FINANCIAL STATEMENTS                                                                                                                                                  |   |   |   |
|                                 |                                                                                                                                                                  |   |   |   |
|                                 | Balance Sheets as of March 31, 2010 (Unaudited) and December 31, 2009                                                                                                 |   |   | 3 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
|                                 | Statements of Operations for the Periods ended March 31, 2010 and 2009 and for the Period from Inception (December 31, 2001) through March 31, 2010 (Unaudited)       |   |   | 4 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
|                                 | Statements of Cash Flows for the Periods Ended March 31, 2010 and 2009 and for the Period from Inception  (December 31, 2001) through March 31, 2010 (Unaudited) |   |   | 5 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
|                                 | NOTES TO FINANCIAL STATEMENTS                                                                                                                                         |   |   | 6 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 2.                              | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTS OF OPERATIONS                                                                            |   |   | 10 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 3.                         | QUANTITATIVE AND QUALITATIVE DISCLOSURESS ABOUT MARKET RISK                                                                                                           |   |   | 11 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 4T                              | CONTROLS AND PROCEDURES.                                                                                                                                              |   |   | 11 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| PART II OTHER INFORMATION            |                                                                                                                                                                  |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 1.                              | LEGAL PROCEEDINGS                                                                                                                                                     |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 1A.                        | RISK FACTORS                                                                                                                                                          |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 2.                    | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS                                                                                                           |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 3.                         | DEFAULTS UPON SENIOR SECURITIES                                                                                                                                       |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 4.                         | REMOVED AND RESERVED                                                                                                                                                  |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 5.                    | OTHER INFORMATION                                                                                                                                                     |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| ITEM 6.                         | EXHIBITS                                                                                                                                                              |   |   | 12 |   |
|                                 |                                                                                                                                                                  |   |   |   |   |
| SIGNATURES                      |                                                                                                                                                                  |   |   | 13 |   |

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|     ·       | Lack of operating history, operating revenue or earnings history. |
|--------------------------------------------------------------------|-------------------------------------------------------------------|

|     ·       | Dependence on key personnel. |
|--------------------------------------------------------------------|------------------------------|

|     ·       | Fluctuation in quarterly operating results and seasonality in certain of our markets. |
|--------------------------------------------------------------------|---------------------------------------------------------------------------------------|

|     ·       | Our ability to raise capital to fund our operations. |
|--------------------------------------------------------------------|------------------------------------------------------|

|     ·       | Our ability to successfully integrate and operate acquired or newly formed entities, ventures and or subsidiaries. |
|--------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------|

|     ·       | Changes in laws and regulations that affect our operations. |
|--------------------------------------------------------------------|-------------------------------------------------------------|

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|                                                                                                                             |   | March 31, 2010 (Unaudited) |       |   | December 31,2009 |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|------------|--------|------------------|--------|
|                                                                                                                             |   |                       |       |   |             |   |
| ASSETS                                                                                                                           |   |                       |       |   |             |   |
| Current assets                                                                                                                   |   |                       |       |   |             |   |
| Cash                                                                                                                             |   | $                          | 140        |   |             | $      | 165 |   |
| TOTAL CURRENT ASSETS                                                                                                             |   |                       | 140        |   |             |   | 165 |   |
|                                                                                                                             |   |                       |       |   |             |   |   |   |
|                                                                                                                             |   |                       |       |   |             |   |   |   |
| TOTAL ASSETS                                                                                                                     |   | $                          | 140        |   |             | $      | 165 |   |
|                                                                                                                             |   |                       |       |   |             |   |   |   |
| LIABILITIES & STOCKHOLDERS' DEFICIT                                                                                          |   |                       |       |   |             |   |   |   |
| Current liabilities                                                                                                              |   |                       |       |   |             |   |   |   |
| Accounts payable - related party                                                                                                 |   | $                          | 43,512     |   |             | $      | 36,012 |   |
| Notes payable - related party, in default                                                                                        |   |                       | 494,458    |   |             |   | 494,458 |   |
| Interest payable - related party                                                                                                 |   |                       | 487,331    |   |             |   | 475,220 |   |
| TOTAL CURRENT LIABILITIES                                                                                                        |   |                       | 1,025,301  |   |             |   | 1,005,690 |   |
|                                                                                                                             |   |                       |       |   |             |   |   |   |
| Stockholders' Deficit                                                                                                            |   |                       |       |   |             |   |   |   |
| Preferred stock                                                                                                                  |   |                       |       |   |             |   |   |   |
| 500,000 shares authorized, $.001 par value, no shares issued                                                                     |   |                       | -          |   |             |   | - |   |
| Common stock                                                                                                                     |   |                       |       |   |             |   |   |   |
| 50,000,000 shares authorized, $0.001 par value, 18,317,200 shares issued and outstanding at March 31, 2010 and December 31, 2009 |   |                       | 18,317     |   |             |   | 18,317 |   |
| Additional paid-in capital                                                                                                       |   |                       | 2,163,509  |   |             |   | 2,163,509 |   |
| Accumulated deficit                                                                                                              |   |                       | (2,753,538 | )      |             |   | (2,753,538 | ) |
| Accumulated deficit during development stage                                                                                     |   |                       | (453,449   | )      |             |   | (433,813 | ) |
| TOTAL STOCKHOLDERS' DEFICIT                                                                                                      |   |                       | (1,025,161 | )      |             |   | (1,005,525 | ) |
|                                                                                                                             |   |                       |       |   |             |   |   |   |
| TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT                                                                                    |   | $                          | 140        |   |             | $      | 165 |   |

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|                       |   | For the quarter ended March 31, 2010 |       |   | For the quarter ended March 31, 2009 |   |       | From December 31, 2001 (Inception) throughMarch 31, 2010 |   |
|----------------------------|--------|--------------------------------------|------------|--------|--------------------------------------|--------|------------|----------------------------------------------------------|--------|
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |
| REVENUE                    |   | $                                    | -          |   |                                 | $      | -          |                                                     |   | $ | - |   |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| OPERATING EXPENSES         |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| General and Administrative |   |                                 | 7,525      |   |                                 |   | 5,721      |                                                     |   |   | 53,522 |   |
| Total Operating Expenses   |   |                                 | 7,525      |   |                                 |   | 5,721      |                                                     |   |   | 53,522 |   |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| LOSS FROM OPERATIONS       |   |                                 | (7,525     | )      |                                 |   | (5,721     | )                                                        |   |   | (53,522 | ) |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| OTHER EXPENSE              |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| Interest Expense           |   |                                 | (12,111    | )      |                                 |   | (12,111    | )                                                        |   |   | (399,927 | ) |
| Total Other Expense        |   |                                 | (12,111    | )      |                                 |   | (12,111    | )                                                        |   |   | (399,927 | ) |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| LOSS BEFORE INCOME TAXES   |   |                                 | (19,636    | )      |                                 |   | (17,832    | )                                                        |   |   | (453,449 | ) |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| INCOME TAX EXPENSE         |   |                                 | -          |   |                                 |   | -          |                                                     |   |   | - |   |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| NET LOSS                   |   | $                                    | (19,636    | )      |                                 | $      | (17,832    | )                                                        |   | $ | (453,449 | ) |
|                       |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| NET LOSS PER SHARE,        |   |                                 |       |   |                                 |   |       |                                                     |   |   |   |   |
| BASIC AND DILUTED          |   | $                                    | -          |   |                                 | $      | -          |                                                     |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF |   |                                 |       |   |                                 |   |       |                                                     |   |
| COMMON SHARES OUTSTANDING  |   |                                 |       |   |                                 |   |       |                                                     |   |
| BASIC AND DILUTED          |   |                                 | 18,317,200 |   |                                 |   | 18,317,200 |                                                     |   |   |   |   |

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|                                           |   | For the quarter ended March 31, 2010 |    |   | For the quarter ended March 31, 2009 |   |    | From December 31, 2001 (Inception) throughMarch 31, 2010 |   |
|------------------------------------------------|--------|--------------------------------------|---------|--------|--------------------------------------|--------|---------|----------------------------------------------------------|--------|
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |
| Cash flows from operating activities:          |   |                                 |    |   |                                 |   |    |                                                     |   |
| Net loss                                       |   | $                                    | (19,636 | )      |                                 | $      | (17,832 | )                                                        |   | $ | (453,449 | ) |
| Adjustment to reconcile net loss               |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Changes in assets and liabilities:             |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Increase accounts payable - related party      |   |                                 | 7,500   |   |                                 |   | 5,271   |                                                     |   |   | 395,466 |   |
| Increase interest payable - related party |   |                                 | 12,111  |   |                                 |   | 12,111  |                                                     |   |   | 48,123 |   |
| Net cash used in operating activities          |   |                                 | (25     | )      |                                 |   | -       |                                                     |   |   | (9,860 | ) |
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Cash flows from financing activities           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Proceeds from related party loans              |   |                                 | -       |   |                                 |   | -       |                                                     |   |   | 10,000 |   |
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Cash flows from investing activities:          |   |                                 | -       |   |                                 |   | -       |                                                     |   |   | - |   |
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Net increase (decrease) in cash                |   |                                 | (25     | )      |                                 |   | -       |                                                     |   |   | 140 |   |
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Cash, beginning of period                      |   |                                 | 165     |   |                                 |   | -       |                                                     |   |   | - |   |
| Cash, end of period                            |   | $                                    | 140     |   |                                 | $      | -       |                                                     |   | $ | 140 |   |
|                                           |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Supplemental Cash Flow Information:            |   |                                 |    |   |                                 |   |    |                                                     |   |   |   |   |
| Cash paid for interest                         |   | $                                    | -       |   |                                 | $      | -       |                                                     |   | $ | - |   |
| Cash paid for income taxes                     |   | $                                    | -       |   |                                 | $      | -       |                                                     |   | $ | - |   |

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|     •                                     | Level 1—Valuations based on quoted prices in active markets for identical assets.  Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.                                                                                                                                                                           |
|---------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|     •       | Level 2—Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, directly or indirectly.  Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. |
|                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|     •                           | Level 3—Valuations based on inputs that are unobservable and significant to the overall fair value measurement.                                                                                                                                                                                                                                                                                                                                                |

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| Issue Date         |   | Interest Rate |   | Maturity Date |                  | ConversionRate |   |            | Amount |   |
|--------------------|--------|---------------|--------|---------------|-----------------------|----------------|--------|-----------------|--------|--------|
| December 31, 1999  |   |          | 10     | %             | December 31, 2000     |           | $      | 0.1000          |   |   | $ | 190,010 |   |
| December 31, 1999  |   |          | 10     | %             | December 31, 2000     |           | $      | 0.1000          |   |   |   | 72,580 |   |
| April 27, 2000     |   |          | 10     | %             | July 27, 2000         |           | $      | 0.0054          |   |   |   | 98,168 |   |
| May 16, 2000       |   |          | 10     | %             | July 27, 2000         |           | $      | 0.1000          |   |   |   | 75,000 |   |
| July 19, 2000      |   |          | 10     | %             | September 19, 2000    |           | $      | 0.0054          |   |   |   | 33,700 |   |
| September 28, 2000 |   |          | 10     | %             | December 28, 2000     |           | $      | 0.0054          |   |   |   | 15,000 |   |
| October 2, 2009    |   |          | 10     | %             |  October 2, 2010 |           | $      |   N/A |   |   |   | 10,000 |   |
|               |   |          |   |          |                  |           |   |            |   |   | $ | 494,458 |   |

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| Issue Date         |   | Interest Rate |   | Maturity Date |                           | ConversionRate |   |            | Amount |   |
|--------------------|--------|---------------|--------|---------------|--------------------------------|----------------|--------|-----------------|--------|--------|
| December 31, 1999  |   |          | 10     | %             |   December 31, 2000  |           | $      | 0.1000          |   |   | $ | 190,010 |   |
| December 31, 1999  |   |          | 10     | %             |   December 31, 2000  |           | $      | 0.1000          |   |   |   | 72,580 |   |
| April 27, 2000     |   |          | 10     | %             |   July 27, 2000      |           | $      | 0.0054          |   |   |   | 98,168 |   |
| May 16, 2000       |   |          | 10     | %             |   July 27, 2000      |           | $      | 0.1000          |   |   |   | 75,000 |   |
| July 19, 2000      |   |          | 10     | %             |   September 19, 2000 |           | $      | 0.0054          |   |   |   | 33,700 |   |
| September 28, 2000 |   |          | 10     | %             |   December 28, 2000  |           | $      | 0.0054          |   |   |   | 15,000 |   |
| October 2, 2009    |   |          | 10     | %             |   October 2, 2010    |           | $      |   N/A |   |   |   | 10,000 |   |
|               |   |          |   |          |                           |           |   |            |   |   | $ | 494,458 |   |

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| Exhibit No.                  |   | Description                                                        |
|------------------------------|--------|--------------------------------------------------------------------|
|                         |   |                                                               |
| 31.1               |   | Rule 13a-14(a) Certification of Principal Executive Officer.* |
|                         |   |                                                               |
| 31.2     |   | Rule 13a-14(a) Certification of Principal Financial Officer.* |
|                         |   |                                                               |
| 32.1                    |   | Section 1350 Certification of Principal Executive Officer.*   |
|                         |   |                                                               |
| 32.2          |   | Section 1350 Certification of Principal Financial Officer.*   |
|                         |   |                                                               |
|                         |   | * Filed herewith                                                   |

|  (c) | Financial Statement Schedules omitted |
|-----------|---------------------------------------|
|      |                                  |
|      | None.                            |

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| May 14, 2010 | One eCommerce Corporation |
|--------------|---------------------------|
|         |                      |    |
|         |                      |   |
|         | By:             | /s/ Harry Nass |
|         |                      | Harry NassPresident and Chief Executive Officer |
|         |                      |

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