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 March 31, 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 May 13, 2002 was 22,315,100.

<PAGE>

                         Table of Contents to Form 10QSB

Part I - Financial Information                                            Page

Item 1.  Financial Statements (unaudited)


         Balance Sheet March 31, 2002..      ...............................F-1

         Statements of Operations - Three Months
         Ended March 31, 2002 and 2001      ...............................F-2

         Statements of Cash Flows - Three Months
         Ended March 31, 2002 and 2001    ..................................F-3

         Notes to Financial Statements    ..................................F-5

Item 2.  Management's Discussion and Analysis or Plan of Operation............6

Part II - Other Information

Item 2.  Changes in Securities and Use of Proceeds .........................None

Item 3.  Reports on 8-K.................................................... None

Item 6.  Exhibits and Reports on Form 8-K...................................None

<page>
Part I - Financial Information

Item 1.  Financial Statements
<PAGE>
YSEEK, INC.

                              FINANCIAL STATEMENTS

                                 MARCH 31, 2002

<PAGE>

                                   YSEEK, INC.
                                  BALANCE SHEET

<TABLE>

           <S>                                                                                              <C>


                                                                                                      March 31, 2002
                                                                                                        (unaudited)
                                     ASSETS

Current assets

  Cash                                                                                             $                308
  Other receivables                                                                                                 741
                                                                                                   ---------------------
         Total current assets                                                                                     1,049
                                                                                                   ---------------------
Software license, net                                                                                           566,804
                                                                                                   ---------------------
Other assets

  Shareholder loan receivable, net                                                                                9,598

                                                                                                   ---------------------
Total Assets                                                                                       $            577,451
                                                                                                  ---------------------
                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

  Accounts payable and accrued expenses                                                            $             37,860
  Current maturities of long-term debt                                                                          119,197
                                                                                                   ---------------------
         Total current liabilities                                                                              157,057
                                                                                                   ---------------------
Long-term debt, less current maturities                                                                           5,117
                                                                                                   ---------------------
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                                                                                        (7,739,516)
                                                                                                    ---------------------
         Total stockholders' equity                                                                             415,277
                                                                                                    ---------------------
Total Liabilities and Stockholders' Equity                                                          $            577,451
                                                                                                    ---------------------
</TABLE>
The accompany notes are an integral part of the financial statements.
                                      F-1
<PAGE>

                                   YSEEK, INC.
                            STATEMENTS OF OPERATIONS

<TABLE>

           <S>                                                                         <C>                    <C>


                                                                                    Three Months Ended March 31,
                                                                                       2002                   2001
                                                                                  (unaudited)              (unaudited)
Revenues                                                                          $           219     $         --

Expenses

  Selling, general and administrative                                                      36,188          816,050
                                                                                  ----------------    ---------------
         Total expenses                                                                    36,188          816,050
                                                                                  ----------------    ---------------
Other income (expense)
  Interest income                                                                           ----             3,215
  Interest expense                                                                         (4,274)            (562)
                                                                                  ---------------     ----------------
         Total other income (expense)                                                      (4,274)           2,653

                                                                                  ----------------    ----------------
Net loss                                                                          $       (40,243)    $   (813,397)
                                                                                  ----------------    ----------------
Net loss per common share                                                         $           ---     $       (.03)
                                                                                  ----------------    ----------------
Weighted average common shares outstanding                                             22,315,100       25,077,490
                                                                                  ----------------    ----------------
</TABLE>
The accompany notes are an integral part of the financial statements.
                                         F-2
<PAGE>


                                   YSEEK, INC.
                            STATEMENTS OF CASH FLOWS

<TABLE>

                  <S>                                                                 <C>                 <C>



                                                                                    Three Months Ended March 31,
                                                                                       2002                 2001
                                                                                  (unaudited)           (unaudited)

Cash flows from operating activities
  Net loss                                                                        $       (40,243)     $   (813,397)
  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                                                        16,350            33,991
      Write down of property and equipment
         due to impairment                                                                  ----            129,773
      Recovery  of  amortization  expense  due  to  stock
        recision                                                                            ----           (324,069)
      Decrease in other receivables                                                         1,284            -----
      Increase in interest receivable                                                       ----             (3,190)
      Decrease in prepaid expenses                                                          ----            791,069
      Increase in accounts payable and accrued expenses                                     2,963            44,627
                                                                                  -----------------     -------------
             Total adjustments                                                             20,597           785,639

                                                                                  -----------------     -------------
        Net cash used in operating activities                                             (19,646)          (27,758)
                                                                                  -----------------     -------------
Cash flows from financing activities
  Payments on notes payable                                                                (1,165)           (1,005)
  Proceeds from issuance of loans payable                                                  19,314             -----
  Net advances from a stockholder                                                           1,567            28,639
                                                                                  -----------------     -------------
        Net cash provided by financing activities                                          19,716           27,634
                                                                                  -----------------     -------------

Net increase (decrease) in cash                                                                70             (124)

Cash, beginning of period                                                                     238            1,050

                                                                                  ---------------        ------------
Cash, end of period                                                               $           308         $    926
                                                                                  ---------------        ------------
</TABLE>

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

                                       F-3
<PAGE>


                                   YSEEK, INC.
                            STATEMENTS OF CASH FLOWS

                                   (Continued)


Supplemental disclosures of noncash investing and financing activities:

None

Supplemental disclosure of cash flow information:

     The Company  paid  approximately  $402 and $562 in  interest  for the three
months ended March 31, 2002 and 2001, respectively.

                                        F-4

<PAGE>


                                   YSEEK, INC.
                          NOTES TO FINANCIAL STATEMENTS

                                 MARCH 31, 2002

     The  information  presented  herein  as of  March  31,  2002,  and  for the
three-months ended March 31, 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 three-month  period ended March 31, 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 March 31, 2001  financial
statements have been restated to reflect this agreement.

                                        F-5

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  are  expected to 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 quarter of 2002,  the Company  received  $19,314 from a company owned by
officers. These loans all bear interest at 14% and are currently due on demand.

As of March 31, 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...................................................None


(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: May 15, 2002                 By: /s/ Bruce Hammil
                                      --------------------------
                                      Bruce Hammil, President
                                      Chief Executive Officer,
                                      Chief Financial Officer and
                                      Chief Operating Officer