U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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

                                   FORM 10-QSB

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

                  For the quarterly period ended June 30, 2002

                                       or

  [ ] TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT OF 1934
                        For the transition period from to

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

                         Commission file number: 0001058307

                                   YSEEK, INC.
              (Exact Name of Small Business Issuer in Its Charter)


            Florida                                         65-0783722
   (State or other jurisdiction of                     (I.R.S. Employer Identi-
   incorporation or organization)                         fication No.)


   412 East Madison Street, Suite 1000, Tampa, Florida        33602
       (Address of principal executive offices)            (Zip Code)


       Registrant's telephone number, including area code: (813) 221-4429


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

     Check  whether the  issuer:(1)  filed all  reports  required to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days. Yes X No

     The number of shares of the registrant's common stock, par value $.0001 per
share, outstanding as of August 13, 2002 was 22,315,100.

<PAGE>

                         Table of Contents to Form 10QSB

Part I - Financial Information                                            Page

Item 1.  Financial Statements (unaudited)

YSEEK, INC.

                              FINANCIAL STATEMENTS

                                  JUNE 30, 2002


<PAGE>





                                   YSEEK, INC.

                                  BALANCE SHEET

                                  June 30, 2002
                                   (unaudited)
<TABLE>
<CAPTION>

                                     ASSETS
       <S>                                                                                                  <C>

Current assets

  Cash                                                                                             $                258
  Other receivables                                                                                                 741
                                                                                                   ---------------------
         Total current assets                                                                                       999

Software license, net                                                                                           550,454

Other assets

  Shareholder loan receivable, net                                                                                8,790

                                                                                                   ---------------------
Total Assets                                                                                       $            560,243


                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

  Accounts payable and accrued expenses                                                            $             57,359
  Current maturities of long-term debt                                                                          122,874
                                                                                                   ---------------------
         Total current liabilities                                                                              180,233

Long-term debt, less current maturities                                                                           3,481

Commitments and contingencies

Stockholders' equity

  Common stock; $.0001 par value; 50,000,000 shares
    authorized; 22,315,100 shares issued and outstanding                                                          2,231
  Paid in capital                                                                                             8,152,562
  Accumulated deficit                                                                                        (7,778,264)
         Total stockholders' equity                                                                             376,529

                                                                                                   ---------------------
Total Liabilities and Stockholders' Equity                                                         $            560,243
</TABLE>

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


                                   YSEEK, INC.

STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                                            Three Months Ended                  Six Months Ended
                                                                 June 30,                           June 30,
                                                           2002             2001              2002             2001
                                                     (unaudited)       (unaudited)      (unaudited)       (unaudited)
   <S>                                                     <C>               <C>               <C>             <C>

Revenues                                          $            35   $          171  $           254   $           171

Expenses

  Selling, general and administrative                      34,201          827,415           70,389         1,837,764
                                                 ----------------   --------------  ----------------  ----------------
         Total expenses                                    34,201          827,415           70,389         1,837,764

Other income (expense)

  Interest income                                             -              2,888              -               6,103
  Interest expense                                         (4,581)          (1,608)          (8,855)           (2,170)
                                                  ----------------  --------------- ----------------  ----------------
         Total other income (expense)                      (4,581)           1,280           (8,855)            3,933

                                                  ----------------  --------------- ----------------  ----------------
Net loss                                          $       (38,747)  $     (825,964) $       (78,990)  $    (1,833,660)

Net loss per common share                         $            -    $         (.03) $            -    $          (.07)
                                                  ----------------  --------------- ----------------  ----------------
Weighted average common shares outstanding             22,315,100       24,715,100       22,315,100        24,896,295

</TABLE>


     The accompany notes are an integral part of the financial statements.
<PAGE>


                                   YSEEK, INC.

                            STATEMENTS OF CASH FLOWS

                                  JUNE 30, 2002


<TABLE>
<CAPTION>
                                                                                          Six Months Ended

                                                                                              June 30,

                                                                                       2002              2001
                                                                                  (unaudited)        (unaudited)
              <S>                                                                      <C>                <C>
Cash flows from operating activities

  Net loss                                                                      $       (78,990)  $    (1,833,660)
                                                                                ----------------  ----------------
  Adjustments to reconcile net loss to
    net cash used in operating activities:
      Contributed services                                                                  -               8,750
      Stock issued to consultants                                                           -             104,688
      Depreciation and amortization                                                      32,700            50,341
      Write down of property and equipment
         due to impairment                                                                  -             129,773
      Recovery  of  amortization  expense  due  to  stock
        recision                                                                            -            (324,187)
      Loss from disposal of equipment                                                       -              13,566
      Decrease in allowance for doubtful accounts                                          (759)              -
      Decrease in other receivables                                                       1,284               -
      Increase in interest receivable                                                       -              (7,577)
      Decrease in prepaid expenses                                                          -           1,784,148
      Increase (decrease) in accounts payable and accrued expenses                       22,462           (20,494)
             Total adjustments                                                           55,687         1,739,008

                                                                                 ---------------   ---------------
        Net cash used in operating activities                                           (23,303)          (94,652)

Cash flows from investing activities

  Decrease in deposits and other assets                                                     -              30,000
Cash flows from financing activities                                             ---------------    --------------

  Payments on notes payable                                                              (2,374)           (1,934)
  Proceeds from issuance of loans payable                                                22,564            40,000
  Net advances from a stockholder                                                         3,133            30,884
                                                                                  ---------------   --------------
        Net cash provided by financing activities                                        23,323            68,950

                                                                                  ---------------   --------------
Net increase in cash                                                                         20             4,298

Cash, beginning of period                                                                   238             1,050

                                                                                  ---------------   --------------
Cash, end of period                                                               $         258     $       5,348
</TABLE>

Supplemental disclosures of noncash investing and financing activities:

In June 2001,  3,000,000  shares of common  stock were  returned  to the Company
related to goodwill originally valued at $2,562,500.

Supplemental disclosure of cash flow information:

The Company  paid  approximately  $759 and $1,087 in interest for the six months
ended June 30, 2002 and 2001, respectively.

     The accompany notes are an integral part of the financial statements.
<PAGE>


                                   YSEEK, INC.

                          NOTES TO FINANCIAL STATEMENTS

                                  JUNE 30, 2002

The  information  presented  herein as of June 30,  2002,  and for the three and
six-months ended June 30, 2002 and 2001, is unaudited.

(1)   Basis of Presentation:

The  accompanying  financial  statements of Yseek,  Inc. (the Company) have been
prepared in accordance with generally accepted accounting principles for interim
financial  information and with the  instructions to Form 10-QSB and item 310(b)
of Regulation S-B.  Accordingly,  they do not include all of the information and
footnotes  required by generally  accepted  accounting  principles  for complete
financial statements. In the opinion of management,  all adjustments (consisting
of normal required  adjustments)  considered  necessary for a fair  presentation
have been included.

Operating  results  for the  six-month  period  ended  June  30,  2002,  are not
necessarily  indicative  of the results that may be expected for the year ending
December 31, 2002. For further  information,  refer to the financial  statements
and  footnotes  included in the  Company's  annual report of Form 10-KSB for the
year ended December 31, 2001.

Net loss per common share is computed in  accordance  with the  requirements  of
Statement  of  Financial  Accounting  Standards  No.  128 (SFAS  128).  SFAS 128
requires net loss per share  information to be computed using a simple  weighted
average of common shares outstanding during the periods presented.  In computing
diluted loss per share,  warrants  exercisable  into common shares were excluded
because the effect is antidilutive.

(2)   Reformation Agreement and Loss From Impairment of Assets:

In  December  1999,  the  Company   purchased  all  the  outstanding   stock  of
Rankstreet.com,  Inc. In the transaction accounted for as a purchase,  the total
purchase price of $2,763,510 (including the value of contingent shares issued in
May 2000 and February 2001) was  classified as goodwill.  The goodwill was being
amortized over five years and as of December 31, 2000, accumulated  amortization
totaled $525,082.

Additionally,  during 2000 the Company  contracted with consultants to develop a
web site for Rankstreet.  The website was  capitalized  with a value of $206,250
and was  being  amortized  over  three  years.  Accumulated  amortization  as of
December 31, 2000 was $59,289.

In April 2001,  the  existing  management  and Board of Directors of the Company
resigned and were replaced by individuals  with  experience  with internet based
business. The new Board of Directors evaluated the website and the goodwill that
was  acquired  in the  purchase  of  Rankstreet.com,  Inc.  and  deemed it to be
impaired and of no future value to the Company.

Upon further  investigation  by the Company's new  management it was  determined
that certain  contingencies in the original  acquisition  agreement had not been
met. In June 2001, the original  stockholders of  Rankstreet.com,  Inc.  entered
into a reformation agreement with the Company. This agreement concluded that the
3,000,000  shares issued in December  1999 and May 2000 would be returned  since
the  contingencies  related to these shares had not been met.  Those shares were
returned to the Company in June 2001. This reformation results in a reduction in
goodwill related to the Rankstreet acquisition of $2,562,500, the original value
of the shares  issued.  This  resulted in the  recovery of  amortization  in the
amount  of  $324,069.  The  Company  recognized  an  impairment  loss due to the
Rankstreet  website of  $129,773.  The 2001  financial  statements  reflect this
agreement.

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

PLAN OF OPERATION

In the fourth quarter of 2000 and the first quarter of 2001, the Company entered
into  strategic  alliances  with  companies  and  individuals  with  substantial
experience  in the  Internet  industry.  The  alliances  allowed  the Company to
acquire  management  and  marketing  expertise  through  consulting  agreements.
Although these agreements expired near the end of 2001, certain  individuals are
continuing to provide very limited management and marketing  experience in their
roles as  officers  of the  Company.  Those  individuals  may  resume  providing
additional  services in the future, most likely in exchange for stock. This will
allow the  company to continue  to move  forward  without the use of its limited
funds.

Additionally,  the Company acquired a ten-year software license for the use of a
keyword  biddable  search engine and related domain names.  The Company  entered
into two traffic promotion agreements whereby each promoter provided hits to the
Company web site.  The Company  issued  stock in exchange  for these  agreements
enabling the Company to move forward on its plans without the use of any funds.

In April 2001, the Company's officers resigned.  Individuals affiliated with the
consultants  noted  above  were  elected  to  the  Board  of  Directors.   These
individuals have substantial  experience with profitable  Internet companies and
web sites.

The Company's  plans for the next twelve months include the continued  promotion
of its Web search portal,  Yseek.com. The search portal was launched in mid 2001
and the company has entered into several  agreements  with search engines during
the 3rd and 4th  quarters  of 2001.  Other  companies  owned by  officers of the
Company have  continued to provide  traffic to the Yseek site and the Company is
providing other options for traffic generation  alliances.  The Company believes
there will be sufficient traffic to make the site a profitable  internet portal.
The Company's  officers and consultants are involved with the internet  industry
on a full time basis and are proceeding  cautiously to attempt to learn from the
success and failures of other internet companies.

Additionally  the Company's  expansion  plans include  acquiring and  developing
other profitable business ventures.  The Company is currently actively exploring
several  possible  acquisitions  however there are no pending letters of intent,
active negotiations or other plans.

In  conjunction  with planning the course of action for the next twelve  months,
the new  Board  of  Directors  investigated  the  viability  of  Rankstreet.com.
Rankstreet was to be an all-in-one  Web site including a directory,  web counter
and business to business Internet  advertising agency. The Board determined that
there was no value in pursuing the marketing and  enhancement  of the Rankstreet
web site and has abandoned any such plans.  Additionally,  management determined
that the contingencies stated in the acquisition  agreement had not been met. In
June,  2001, the former  stockholders  of  Rankstreet.com,  Inc.  entered into a
reformation  agreement and returned 3,000,000 shares for which the contingencies
were not met.

The  Companies  plans to market the  Yseek.com  search engine and to acquire and
develop other profitable  business ventures that will require  additional funds.
During 2001,  the Company  received  $95,000 in loans from a relative of a Board
member, from two officers of the Company and a company owned by officers. During
the 1st two quarters of 2002, the Company  received $22,564 from a company owned
by  officers.  These  loans all bear  interest at 14% and are  currently  due on
demand.

As of June 30, 2002 the Company had minimal  available funds.  However,  most of
the Company's  operations are being conducted  within the consulting  agreements
entered  into in the  fourth  quarter  of 2000 and the cash  outflows  have been
substantially  reduced.  Additionally  two of the  Company's  officers and board
members have agreed to fund the Company's operations as they currently exist.

There is  currently  no  expected  purchase  or sale of plant and  equipment  or
expected significant changes in the number of employees.

Page 6

<PAGE>

Item 6.  Exhibits and Reports on Form 8-K

Exhibits

Exhibit   Description                                                     Number

(2)  Plan of Acquisition, Reorganization,
     Arrangement, Liquidation or Succession................................None

(4)  Instruments defining the rights of holders, including Indentures      None

(10) Material contracts ...................................................None

(11) Statement re: computation of per share earnings..................Note 1 to
                                                                      Financial
                                                                     Statements

(15) Letter re: Unaduited Interim Financial Information....................None

(18) Letter on change in accounting principles.............................None

(19) Report Furnished to Security Holders .................................None

(22) Published report regarding matters submitted to
     vote..................................................................None

(23) Consents of Experts and Counsel.......................................None

(24) Power of Attorney.....................................................None

(99) Additional Exhibits...................................................

  99.1 Certification of CEO................................................

  99.1 Certification of CFO................................................

(b) REPORTS ON FORM 8-K:

NONE

<PAGE>

                                   SIGNATURES

     In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                      YSEEK, INC.



Dated: August 14, 2002                 By: /s/ Bruce Hammil
                                      --------------------------
                                      Bruce Hammil, President
                                      Chief Executive Officer,
                                      Chief Financial Officer and
                                      Chief Operating Officer