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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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

                                   FORM 10-QSB

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

For the Quarterly Period Ended
December 31, 2000                                  Commission File No. 000-26611

                          ENDLESS YOUTH PRODUCTS, INC.
             (Exact name of Registrant as specified in its Charter)

            Nevada                                          93-215736
  (State or jurisdiction of                                (IRS Employer
incorporation or organization)                           Identification No.)

Stamford Financial Building, Stamford, NY                      12167
--------------------------------------------                   -----
(Address of Principal Executive Office)                      (Zip Code)

Registrant's telephone number, including area code:     (607) 652-3311
---------------------------------------------------

Former name, former address and former fiscal year,
if changed since last report:  None
--------------------------------------------------------------------------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for a 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 [ ]


As of February 2, 2001, there were 3,306,878 shares of Common Stock outstanding.

<PAGE>
<TABLE>
<CAPTION>
                         PART I - FINANCIAL INFORMATION

Item 1:    Financial Statements

                          ENDLESS YOUTH PRODUCTS, INC.
                                 BALANCE SHEETS


                                                                         December 31,                          June 30,
                           ASSETS                                           2000                                 2000
                                                                        -------------                        -------------
<S>                                                                     <C>                                  <C>
CURRENT ASSETS
     Cash                                                               $         165                        $         165
     Prepaid Expenses                                                          10,000                                    -
                                                                        -------------                        -------------
          TOTAL CURRENT ASSETS                                                 10,165                                  165

NONCURRENT ASSETS
    Net assets of discontinued operations (Note 2)                                  -                                    -
                                                                        -------------                        -------------
          TOTAL ASSETS                                                  $      10,165                        $         165
                                                                        =============                        =============

                LIABILITIES AND SHAREHOLDERS'
                           (DEFICIT)

CURRENT LIABILITIES
     Accounts payable                                                   $     434,338                        $     117,388
                                                                        -------------                        -------------
         TOTAL LIABILITIES                                                    434,338                              117,388

SHAREHOLDERS' DEFICIT
     Preferred stock, $.001 par value, authorized
       1,000,000 shares; no shares issued and
       outstanding at December 31, 2000 and June 30, 2000
     Common stock, $.001 par value,
       authorized 10,000,000 shares; issued
       and outstanding 3,306,878 at December 31, 2000
       and June 30, 2000, respectively (Note 4)                                 3,306                                3,306
    Additional paid-in capital                                              1,543,358                            1,543,358
    Accumulated deficit                                                    (1,970,837)                          (1,663,887)
                                                                        -------------                        -------------
    Total shareholders' Deficit                                              (424,173)                            (117,223)
                                                                        -------------                        -------------
        TOTAL LIABILITIES AND
        SHAREHOLDER'S DEFICIT                                           $      10,165                        $         165
                                                                        =============                        =============
</TABLE>
                 See accompanying notes to financial statements

                                       2
<PAGE>
<TABLE>
<CAPTION>
                          ENDLESS YOUTH PRODUCTS, INC.
                            STATEMENTS OF CASH FLOWS


                                                                               For the six months ended December 31,
CASH FLOWS FROM  OPERATING ACTIVITIES:                                         2000                             1999
                                                                           -------------                    -------------
<S>                                                                        <C>                              <C>
NET INCOME (LOSS)                                                          $    (306,950)                   $     100,023
Adjustments to reconcile net income to net cash
   provided by operating activities:
   Depreciation & Amortization                                                         -                            2,200
   (Increase) Decrease in prepaid expenses                                       (10,000)                               -
   Increase (Decrease) in deferred revenue                                             -                         (141,666)
   Increase (Decrease) in accounts payable                                       316,950                          (86,208)
                                                                           -------------                    -------------
    NET CASH USED IN OPERATING ACTIVITIES                                              -                         (125,651)
                                                                           -------------                    -------------
CASH FLOW FROM FINANCING ACTIVITIES
   Proceeds from issuance of common stock                                              -                            2,089
   Advances from (Repayments to) shareholders                                          -                          257,217
                                                                           -------------                    -------------
NET CASH PROVIDED BY (USED FOR)
    FINANCING ACTIVITIES                                                               -                          259,306
                                                                           -------------                    -------------
NET CHANGE IN CASH                                                                     -                          133,655

CASH AT BEGINNING OF PERIOD                                                          165                          355,434
                                                                           -------------                    -------------
CASH AT END OF PERIOD                                                      $         165                    $     489,089
                                                                           =============                    =============

Interest expense paid during the period was:                                       1,844                                -
Income taxes paid during the period was:                                               -                                -

</TABLE>
                See accoumpanying notes to financial statements

                                       3
<PAGE>
<TABLE>
<CAPTION>
                          ENDLESS YOUTH PRODUCTS, INC.
                            STATEMENTS OF OPERATIONS


                                                         For the three months ended     For the six months ended
                                                               December 31,                    December 31,
                                                           2000           1999             2000            1999
                                                       -------------  --------------   -------------   -------------
<S>                                                    <C>            <C>              <C>             <C>
Gross Receipts                                         $           -  $            -   $      36,720   $           -
    Less: Returns and allowances                                                                   -               -
                                                       -------------  --------------   -------------   -------------
Net Sales                                                          -               -          36,720               -

Cost of Sales                                                      -               -               -               -
                                                       -------------  --------------   -------------   -------------
        Gross Profit                                               -               -          36,720               -

Selling, General and Administrative
    Expenses                                                 314,384               -         341,826               -
                                                       -------------  --------------   -------------   -------------
    Income (Loss) from Operations                           (314,384)              -        (305,106)              -

Other Income and (Expenses)
   Interest Income                                                 -               -               -               -
   Interest Expense                                            1,829               -           1,844               -
                                                       -------------  --------------   -------------   -------------
   Income (Loss) before income taxes                        (316,213)              -        (306,950)              -

   Provision for income taxes - (Note 3)                           -               -               -               -
                                                       -------------  --------------   -------------   -------------
        Net income (Loss) from continuing operations        (316,213)              -        (306,950)              -

Discontinued operations:
    Income (loss) from operations of vitamins
      and personal care products line
      disposed of (net of income taxes) - (Note 2)                 -          89,058               -         100,023
                                                       -------------  --------------   -------------   -------------
Net income                                             $    (316,213) $       89,058   $    (306,950)  $     100,023
                                                       =============  ==============   =============   =============

Income per share amounts:
    Basic:
      Net income (loss) from continuing operations     $       (0.10)                  $       (0.09)
      Net income (loss) from discontinuted operations                 $         0.03                   $        0.03
    Diluted:
      Net income (loss) from continuing operations            n/a                              n/a
      Net income (loss) from discontinuted operations                 $         0.03                   $        0.03
    Weighted average common and common equivalent shares:
       Basic                                               3,306,878       3,303,155       3,306,878       3,299,431
                                                       =============  ==============   =============   =============
       Diluted                                              n/a            3,341,140         n/a           3,337,416
                                                       =============  ==============   =============   =============
</TABLE>
                 See accompanying notes to finacial statements

                                       4
<PAGE>
<TABLE>
<CAPTION>
                          ENDLESS YOUTH PRODUCTS, INC.
                      STATEMENTS OF SHAREHOLDERS' DEFICIT

                                                                                Additional            Accumu-              Net
                                                     Common Stock                 paid in              lated          Shareholders'
                                               Shares            Amount           Capital             Deficit            Deficit
                                              ---------          ------         -----------         ------------        ---------
<S>                                           <C>                <C>            <C>                 <C>                 <C>
Balance at June 30, 2000                      3,306,878          $3,306         $ 1,543,358         $ (1,663,887)       $(117,223)

Net Income for Period                                 -               -                   -                9,263            9,263
                                              ---------          ------         -----------         ------------        ---------
Balance at Sept. 30, 2000                     3,306,878           3,306           1,543,358           (1,654,624)        (107,960)
                                              ---------          ------         -----------         ------------        ---------
Net Income (Loss) for Period                          -               -                   -             (316,213)        (316,213)
                                              ---------          ------         -----------         ------------        ---------
Balance December 31, 2000                     3,306,878          $3,306         $ 1,543,358         $ (1,970,837)       $(424,173)
                                              =========          ======         ===========         ============        =========
</TABLE>

                 See accompanying notes to finacial statements

                                       5
<PAGE>

                          ENDLESS YOUTH PRODUCTS, INC.
                          NOTES TO FINANCIAL STATEMENTS
                       DECEMBER 31, 2000 AND JUNE 30, 2000

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company

Endless Youth Products, Inc., (the Company) was incorporated July of 1996 in the
State of Nevada. The Company is engaged in selling computer software systems and
advisory services with special consideration to Internet technology.

Basis of Presentation

The  accompanying  financial  statements  have been prepared in conformity  with
generally accepted accounting principles,  which contemplate continuation of the
Company as a going concern. Since its inception in 1996 the Company has incurred
substantial development stage and operating losses. The Company's management has
reduced  operating  expenses  and  is  currently   evaluating  future  operating
activities to improve cash flow.  The Company had a net loss of $306,950 for the
six months ended December 31, 2000, and, as of December 31, 2000 the Company had
a  working  capital  deficiency  of  $424,173  and a  shareholder's  deficit  of
$424,173.  The Company's financial  statements do not include any adjustments to
reflect the possible future effects on the  recoverability and classification of
assets or the amounts and classification of liabilities that may result from the
possible inability of the Company to continue as a going concern.

Cash Equivalents

The Company considers all highly liquid certificates of deposit with an original
maturity of three months or less to be cash equivalents.

Revenue Recognition

Revenue  from  product  sales is  recognized  upon  shipment.  Test market sales
experience  as well as research  conducted by outside  consultants  provides the
Company with a reasonable basis for estimating future returns.

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of  assets  and  liabilities  at the date of the
financial  statements and the reported  amounts of revenues and expenses  during
the reporting period. Actual results could differ from those estimates.

                                       6
<PAGE>

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Income Taxes

Provisions  (benefits)  for federal and state  income  taxes are  calculated  on
reported  financial  statement  income  (loss) based on current tax law and also
include  the  cumulative  effect of any  changes  in tax rates  from  those used
previously in determining  deferred tax assets and liabilities.  Such provisions
(benefits)  differ from the amounts  currently  payable because certain items of
income and expense, known as temporary differences,  are recognized in different
tax periods for financial reporting purposes than for income tax purposes.

NOTE 2 - DISCONTINUED OPERATIONS

In July 2000 the Company  disposed of its vitamins and  personal  care  products
line. There was no gain or loss recognized from the disposal.  Operating results
of the  vitamins and personal  care  products  line for the three months and six
months ended December 31, 1999 are shown separately in the  accompanying  income
statement.  Net sales of the vitamins and personal  care  products  line for the
three months and six months ended  December 31, 1999 were  $467,524 and $538,799
respectively.  These  amounts are not included in net sales in the  accompanying
income statement.

NOTE 3 - INCOME TAXES

There is no current or  deferred  income tax  expense  for the six months  ended
December 31, 2000 and 1999.  As of June 30, 2000,  the Company has net operating
loss carryforwards of $1,363,514. These losses will expire between 2012 and 2014
if not utilized.

SFAS  109  requires  that  the  future  tax  benefit  of  net   operating   loss
carryforwards be recorded as an asset using current tax rates to the extent that
management assesses the utilization of such carryforwards to be more likely then
not. As of December  31, 2000 the Company has  recorded a deferred  tax asset of
$567,958 with a valuation allowance of $567,958.

The following  reconciles the federal statutory income tax rate to the effective
rate of the provision for income taxes.

                                           Dec. 31, 2000        Dec. 31, 1999
                                        -----------------    -----------------
Federal Statuatory rate                            34  %                34  %
Valuation allowance adjustment                    (34) %               (34) %
                                        -----------------    -----------------
Effective rate                                      0  %                 0  %
                                        =================    =================

                                       7
<PAGE>

NOTE 4 - SHAREHOLDERS' EQUITY

During the six months  ended  December 31, 2000 and year ended June 30, 2000 the
Company  issued 0 and 11,170 shares of common stock,  respectively,  in exchange
for services rendered.  The cost of the services has been charged to operations.
Additional  paid in  capital  has been  increased  by $0 and  $2,078 for the six
months  ended  December  31,  2000 and year ended June 30,  2000,  respectively;
representing  the excess fair market value of the services over the par value of
the common stock.

The Company  applies APB 25 in  accounting  for its employee  stock  options and
warrants. The option price equals or exceeds the fair market value of the common
shares on the date of the grant and, accordingly,  no compensation cost has been
recognized under the provisions of APB 25 for stock options. The Company applies
SFAS 123 for options and warrants issued for outside services. Compensation cost
is measured at the grant date based on the value of the award and is  recognized
over the service (or vesting) period.

Had compensation cost for Company's employee stock option and warrant agreements
been  determined  under SFAS 123,  based on the fair  market  value at the grant
dates,  the  Company's  pro forma net  earnings and net earnings per share would
have been reflected as follows at December 31:

                                       2000                    1999
                                       ----                    ----
Net earnings
        As reported                  $ (316,950)               $100,023
        Pro forma                    $ (316,950)               $ 83,533
Net earnings per share
        As reported                  $    (0.10)               $   0.03
        Pro forma                    $    (0.10)               $   0.03


The fair value of each  option and  warrant  is  estimated  on the date of grant
using the  Black-Scholes  option-pricing  model. The following  weighted-average
assumptions  were used for those options and warrants  granted during year ended
December 31, 1999:  dividend yield of 0%, expected  volatility of 58%, risk-free
interest rates of 5%, and expected lives ranging from 1 to 10 years.

NOTE 5 - SUBSEQUENT EVENTS BERMUDA REORGANIZATION

On  February  2,  2001,  the  Company   consummated  the  previously   announced
reorganization  transaction that resulted in the Company becoming a wholly owned
subsidiary of a newly-formed  Bermuda holding company called "Glengarry Holdings
Limited" and the Company has been renamed  "Glengarry  Holdings  (US)  Limited."
Glengarry   Holdings  Limited  will  function  as  a  holding  company  and  the
stockholders of the Company have become the  stockholders of Glengarry  Holdings
Limited.  The common shares of Glengarry  Holdings  Limited continue to trade on
the Nasdaq OTCBB under the symbol "GLEN."

                                       8
<PAGE>

Item 2:    Management's Discussion and Analysis of Financial Condition
              and Results of Operations

Management's  discussion  and analysis  should be read in  conjunction  with the
Company's  financial  statements  and the notes  thereto  set forth in this Form
10-QSB commencing on page 2.

General

Endless Youth Products, Inc., (the "Company") engages in the business of selling
computer  software  systems  and  advisory  services  with  special  emphasis on
Internet  technology.  The  following  discussion  is  based  on  the  financial
statements  for the three and six months ending  December 31, 2000 and 1999. The
financial  statements have been prepared in conformity  with generally  accepted
accounting principles.

Results of Operations

Net Sales

Net sales for the six months ended  December  31, 2000  decreased by $502,079 or
93.2%  compared to the six months ended  December  31,  1999.  Net sales for the
three months ended  December 31, 2000  decreased by $467,524 or 100% compared to
the three months ended December 31, 1999. Net sales for the three and six months
ended December 31, 2000 primarily  consist of software sales.  Net sales for the
three and six months ended December 31, 1999 consisted of licensing fees related
to nutritional  and personal care products.  The decrease in sales is the result
of a change in the company's primary business from nutritional and personal care
products to computer software and advisory services

Selling, General and Administrative Expenses

Selling,  general and  administrative  expenses decreased by $231,506 during the
six months ended December 31, 2000 compared to the six months ended December 31,
1999. Selling,  general and administrative  expenses decreased by $68,638 during
the three  months  ended  December  31, 2000  compared to the three months ended
December 31, 1999.  This  decrease was  primarily  due to a decrease in expenses
related to product development and marketing. The Company's management continues
to pursue cost reduction measures consistent with the level of business wherever
opportunities can be identified.

Liquidity and Capital Resources

Although  the  Company has  negative  working  capital  and  equity,  management
believes it will be able to obtain  sufficient  financing to fund the  Company's
operations  and capital  requirements  for the 2001 fiscal  year.  Since July 1,
2000, the Company has relied upon borrowings from private  lenders.  At December
31, 2000, the balance due to such lenders was $299,407.  The loans bear interest
at 9% per annum.  Management  plans to keep monthly  expenses at a minimal until
cash flows from operations improve.

                                       9
<PAGE>

Forward Looking Statements

This report on Form 10-QSB contains certain  forward-looking  statements  within
the  meaning of section  27A of the  Securities  Act of 1933,  as  amended,  and
Section  21E  of  the  Securities  Exchange  Act  of  1934,  as  amended.  These
forward-looking  statements  relate  to  matters  such as the  Company's  future
operation results and liquidity.  Such  forward-looking  statements are based on
the  beliefs of the  Company's  management  as well as  assumptions  made by and
information currently available to the Company's management. Such statements are
based on  management's  current  expectations  and are subject to certain risks,
uncertainties  and  assumptions.  Should  one or  more  risks  or  uncertainties
materialize,  or should underlying  assumptions  prove incorrect,  the Company's
actual results,  performance or achievements  could differ materially from those
expressed in, or implied by such forward-looking statements.

                                       10
<PAGE>

PART II - OTHER INFORMATION

Item 1.    Legal Proceedings

         The Company is not presently  party to any legal  proceeding,  however,
Schulberg  Media  Works has  claimed  that it is owed  $175,000  despite  former
management's  claim that no amounts  were due to  Schulberg  Media for  Programs
produced by Vendor Services.  Current  management is evaluating the claim with a
view to  settlement.  Management  does not believe  that the  Company  will have
liability for such claim beyond that which it has accrued.

         On  January  9, 2001,  the  Company  received a claim and notice of its
right to arbitration  related to legal fees claimed to be due to a law firm that
represented  Neal  Wallach,  the  Company's  former sole  director and executive
officer. Management has requested records to substantiate the law firm's claims,
particularly to ascertain whether these legal services were actually provided to
the Company or to Mr. Wallach personally.

Item 4.  Submission of Matters to a Vote of Security Holders

         The Company's  Annual Meeting of Stockholders  was held on December 28,
2000,  pursuant to written notice and the Company's bylaws.  The total number of
the Company's  shares  outstanding  on November 27, 2000, the record date of the
meeting, was 3,306,878,  of which 2,127,463 were present, in person or by proxy.
The following persons were nominated by management and each was elected to serve
as director until the next annual meeting of stockholders:

         Edward Shah
         David B. Caney
         Jacqueline Antin

         The following matters were submitted to stockholders and adopted by the
requisite vote of the shares present:

                                            For           Against    Abstain
                                            ---           -------    -------
To approve and adopt the agreement
and plan of merger whereby the
Company would become a wholly owned
subsidiary of Glengarry Holdings
Limited, a Bermuda company, with
such changes deemed necessary by the
Company's officers...........             2,127,463         -0-        -0-

                                       11
<PAGE>

                                            For           Against    Abstain
                                            ---           -------    -------

To direct the sole shareholder of
Glengarry Holdings Limited to adopt
a resolution authorizing a
recapitalization of capital stock at
any time prior to December 31, 2001
on the basis of not less than two
nor more than thirty outstanding
shares for one new share                  2,127,463         -0-        -0-

Item 5.    Other Events

         On February 2, 2001, the Company  consummated the previously  announced
reorganization  transaction that resulted in the Company becoming a wholly owned
subsidiary of a newly-formed  Bermuda holding company called "Glengarry Holdings
Limited" and the Company has been renamed  "Glengarry  Holdings  (US)  Limited."
Glengarry   Holdings  Limited  will  function  as  a  holding  company  and  the
stockholders of the Company have become the  stockholders of Glengarry  Holdings
Limited.  The common shares of Glengarry  Holdings  Limited continue to trade on
the Nasdaq OTCBB under the symbol "GLEN."

         In order to comply with international tax considerations and ensure the
proper maintenance of Glengarry Holdings Limited's affairs, the following
Bermudian resident officers and directors were appointed to management effective
January 31, 2001:

         Name                              Capacity
         ----                              --------
         Roderick M. Forrest      Class I Director and Chairman
         William Bolland          Class II Director and Vice President
         Robert Mason             Class III Director
         Bridgette Roche          Secretary

         The following persons, who served as directors and officers of the
Company were appointed as officers and directors of Glengarry Holdings Limited
as follows:

         Name                              Capacity
         ----                              --------
         David B. Caney           Class I Director and President
         Jacqueline Antin         Class II Director and Chief Financial Officer

                                       12
<PAGE>

Item 6.  Exhibits and Reports on Form 8-K

         (a)      The following exhibits are filed as part of this report:

                  None

         (b)      Reports on Form 8-K

                  None

                                       13
<PAGE>


                                   SIGNATURES

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

Dated:   February 13, 2001                        ENDLESS YOUTH PRODUCTS, INC.



                                                  By:  /s/ Jacqueline Antin
                                                       -----------------------
                                                       Jacqueline Antin, CFO
                                       14