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, 2001

                                       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                                         65-078-3722
   (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, 2001 was 22,315,100.


<PAGE>

                         Table of Contents to Form 10QSB

Part I - Financial Information                                            Page

Item 1.  Financial Statements (unaudited)


         Balance Sheet June 30, 2001..........................................2

         Statements of Operations -  six Months

         Ended June 30, 2001 and 2000  .......................................3

         Statements of Cash Flows - six Months

         Ended June 30, 2001 and 2000.........................................4

         Notes to Financial Statements........................................6

Item 2.  Management's Discussion and Analysis or Plan of Operation............8

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>



                                   YSEEK, INC.
                                  BALANCE SHEET




                                                               June 30, 2001
                                                               --------------
                                                                (unaudited)
                                     ASSETS


Current assets
  Cash                                                    $              5,348
  Prepaid expenses                                                   1,565,321
                                                          ---------------------
         Total current assets                                        1,570,669
                                                          ---------------------
Property and equipment, net                                            615,855
Other assets
  Shareholder loan receivable                                          136,955
                                                          ---------------------
Total Assets                                              $          2,323,479
                                                          ====================

                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
  Accounts payable and accrued expenses                   $              11,781
  Current maturities of notes payable                                    44,579
                                                          ---------------------
         Total current liabilities                                       56,360
                                                          ---------------------
Long-term debt, less current portion                                      8,790
                                                          ---------------------
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                                                (5,896,464)
                                                            -------------------
         Total stockholders equity                                    2,258,329

                                                             ------------------
Total Liabilities and Stockholders' Equity                            2,323,479
                                                             ==================


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


<PAGE>


                                   YSEEK, INC.
                            STATEMENTS OF OPERATIONS



<TABLE>
                                                           Three Months Ended                  Six Months Ended
                                                                 June 30                           June 30,
                                                         2001              2000             2001              2000
                                                    (unaudited)      (unaudited)       (unaudited)      (unaudited)
<CAPTION>

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

Revenues                                            $           171        $      -       $        171   $           -
                                                        -----------        ----------        ---------       -----------
Expenses
  Selling, general and administrative                       827,415          485,696         1,837,764           686,011
                                                        -----------        ----------        ---------       -----------
         Total expenses                                     827,415          485,696         1,837,764           686,011
                                                        -----------        ----------        ---------       -----------
Other income (expense)
  Interest income                                             2,888            2,180             6,103             2,217
  Interest expense                                           (1,608)            (660)           (2,170)             (660)
                                                        -----------        ----------        ---------       -----------
         Total other income (expense)                         1,280            1,520             3,933             1,557

                                                        -----------        ----------        ---------       -----------
Loss from continuing operations                            (825,964)        (484,176)       (1,833,660)         (684,454)

Discontinued operations
  Income (loss) from discontinued carwash and
    quick-lube operations                                     -                  629             -               (55,796)
  Loss on disposal of property, equipment and
    related assets                                            -                    -             -              (350,000)
                                                        -----------        ----------        ---------       -----------
         Loss from discontinued operations                    -                  629             -              (405,796)

                                                        -----------        ----------        ---------       -----------
Net Loss                                            $      (825,964) $      (483,547)  $    (1,833,660) $     (1,090,250)
                                                    ===============  ================   ===============  ================
Loss per common share
  From continuing operations                        $          (.03) $           (.04) $          (.07) $           (.06)
  Discontinued operations:
    Loss from operations                                      -                     -            -                  (.01)
    Loss on disposal                                          -                     -            -                  (.03)
                                                    ---------------  ----------------  ---------------  ----------------
         Total loss per share                       $          (.03) $           (.04) $          (.07) $           (.10)
                                                    ===============  ================   ===============  ================
Weighted average common shares outstanding               24,715,100       11,742,956        24,896,295        11,378,152

</TABLE>

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

                                   YSEEK, INC.
                            STATEMENTS OF CASH FLOWS

<TABLE>
                                                                                             Six Months Ended
                                                                                                   June 30,
                                                                                            2001              2000
                                                                                       (unaudited)      (unaudited)
<CAPTION>

<S>                                                                                    <C>              <C>

Cash flows from operating activities
  Net loss                                                                             $    (1,833,660) $    (1,090,250)
  Adjustments to reconcile net loss to
    net cash used in operating activities:
      Stock issued for services                                                                104,688          273,540
      Contributed services                                                                       8,750           23,750
      Depreciation and amortization                                                             50,341          247,806
      Loss from disposal of assets from discontinued operations                                  -               350,000
      Loss from disposal of equipment                                                           13,566              -
      Writedown of property and equipment due to impairment                                    129,773              -
      Recovery of amortization expense due to stock recision                                  (324,187)             -
      Decrease in prepaid expenses                                                           1,784,148            7,030
      Increase in interest receivable                                                           (7,577)             -
      Increase (decrease) in accounts payable and accrued expenses                             (20,494)          30,928
                                                                                       ---------------
             Total adjustments                                                               1,739,008          933,054

                                                                                       ---------------
        Net cash used in operating activities                                                  (94,652)        (157,196)

Cash flows from investing activities
  Acquisition of property and equipment                                                          -               (5,187)
  Decrease in deposits and other assets                                                         30,000            2,600
  Net proceeds from sale of discontinued business segment                                        -              223,071
                                                                                       ---------------       ----------
        Net cash provided by investing activities                                               30,000          220,484
                                                                                        --------------       ----------
Cash flows from financing activities
  Payments on notes payable                                                                     (1,934)         (15,363)
  Net proceeds from issuance of stock                                                              -           34,524
  Net proceeds from issuance of note payable                                                    40,000             -
  Net advances from stockholder                                                                 30,884           62,275
                                                                                        --------------       ----------
        Net cash provided by financing activities                                               68,950           81,436
                                                                                       ---------------       ----------
Net increase in cash and cash equivalents                                                        4,298          144,724

Cash and cash equivalents, beginning of period                                                   1,050           37,626

                                                                                       ---------------        ---------
Cash and cash equivalents, end of period                                               $         5,348    $     182,350
                                                                                       ===============     ============
</TABLE>

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

                                   YSEEK, INC.
                            STATEMENTS OF CASH FLOWS
                                   (Continued)




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.

The Company issued 1,235,000 shares of stock for goodwill and capitalized
software valued at $1,206,250 during the six months ended June 30, 2000.

The Company issued 297,000 shares of stock for contributed services valued at
$273,540 during the six months ended June 30, 2000.

Supplemental disclosure of cash flow information:

The Company paid approximately $1,087 in interest for the six months ended
June 30, 2001 and $33,000 in interest for the six months ended June 30, 2000.







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



<PAGE>

                                   YSEEK, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2001



The information presented herein as of June 30, 2001, and for the three and six
-months ended June 30, 2001 and 2000, 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, 2001, are not
necessarily indicative of the results that may be expected for the year ending
December 31, 2001. 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, 2000.

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. 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 web site 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
businesses. 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. Therefore the assets were
written down to zero resulting in a loss from impairment of $2,368,201. This
loss was reflected in the March 2001 statement of operations as selling, general
and administrative expenses.

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 results in the elimination of the impairment related
to goodwill and the recovery of amortization in the amount of $324,187. The
impairment loss due to the Rankstreet website remains unchanged. The March 31,
2001 financial statements have been restated to reflect this agreement.
<PAGE>

(3) Stock Transactions:

During January and February of 2001, the Company issued 150,000 shares of common
stock to individuals and other entities for services performed during the first
quarter of 2001. The Company recognized an expense of $31,250, the market value
of the shares less a 50% discount because the shares are unregistered and the
Company stock is not easily marketable.

During January and February of 2001, the Company issued 200,000 and 125,000
shares of common stock under six month and one year consulting agreements,
respectively. The Company recorded a prepaid expense of $73,438 related to these
agreements, the market value of the shares less a 50% discount because the
shares are unregistered and the stock is not easily marketable. The Company
expensed $61,719 and $30,859 utilizing the straight line method over the life of
the agreements for the six month and three month periods ended June 30, 2001,
respectively. Additionally, options were granted to an individual as part of one
of the agreements. The option agreement allows for the purchase of 75,000 shares
of Company common stock for $.50 per share for a period of three years. The
other consulting agreement included issuance of 500,000 warrants at an exercise
price of $.50 per share.

During February 2001, the Company issued the final contingent 1,000,000 shares
related to the 1999 business acquisition. The Company capitalized goodwill of
$203,100, the market value of the shares less a 50% discount because the shares
are unregistered, are a significant block of stock and the Company stock is not
easily marketable. See Note 2 regarding goodwill and shares rescinded.


(4)   Note Payable:

On April 23, 2001, the Company borrowed $40,000 from a relative of a Board
member. The note calls for interest at a rate of 14% per annum. Interest and
principal are due in full on April 22, 2002. The note is uncollateralized.

<PAGE>


Item 2. Management's  Discussion and analysis of Financial Condition and Results
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.
Additionally, the Company acquired a ten-year software license for the use of a
keyword biddable search engine and related domain names. Lastly, the Company
entered into two traffic promotion agreements whereby each promoter will provide
an aggregate of 45,000,000 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 launching of its
search engine, Yseek.com. With the traffic promotion agreements in place, the
Company believes there will be sufficient traffic to make the site a profitable
internet portal. Additionally the Company's expansion plans include acquiring
and developing other profitable business ventures.

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 which will require additional funds.
During April 2001, the Company received a $40,000 loan from a relative of a
Board member. The loan bears interest at 14% per annum and is due in April 2002.

As of June 30, 2001 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>

Item 6.  Exhibits and Reports on Form 8-K

Exhibits

Exhibit   Description                                                     Number

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

   (3)Articles of Incorporation and By-Laws............................. ...None

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

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

    (16)Letter regarding Changes in Certifying Accountant...................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: August 14, 2001          By:  /s/ Bruce Hammil
                              --------------------------
                               BRUCE HAMMIL, President