**Securities      and Exchange Commission**

**Washington,      D.C. 20549**

**FORM      10-QSB**

| x | Quarterly                Report Pursuant To Section 13 Or 15(d) Of The Securities Exchange                Act Of 1934 |
|---|-----------------------------------------------------------------------------------------------------------------------|

| o | Transition                Report Under Section 13 Or 15(d) Of The Securities Exchange Act Of                1934 |
|---|------------------------------------------------------------------------------------------------------------------|

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|  DELAWARE                                                                                                          |   |  13-2614435                                                      |
|-------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|
|  (State                  or Other Jurisdiction of                  Incorporation                  or Organization) |   | (I.R.S.                  EmployerIdentification                  No.) |

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|                                                                                                                                                                         |                                                                 | Page   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------|--------|
| **Part                  I**                                                                                                                                                  |                                                                 |   |
|                                                                                                                                                                         |                                                                 |   |
| Item                  1.                                                                                                                                                     | Financial                  Statements                                |   |
|                                                                                                                                                                         |                                                                 |   |
| Balance                  Sheet as of December 31, 1999 (Unaudited)                                                                                                           | 1                                                                    |
|                                                                                                                                                                         |                                                                 |   |
| Statements                  of Operations for the three and six months ended December 31, 1999                  and                  1998 (Unaudited)                        | 1                                                                    |
|                                                                                                                                                                         |                                                                 |   |
| Statements                  of Cash Flows for the three and six months ended December 31, 1999                  and                  1998 (Unaudited)                        | 1                                                                    |
|                                                                                                                                                                         |                                                                 |   |
| Statements                  of Stockholders Equity for the year Ended June 30, 1999 and the                  six months                  ended December 31, 1999 (unaudited) | 2                                                                    |
|                                                                                                                                                                         |                                                                 |   |
| Notes                  To Financial Statements (Unaudited)                                                                                                                   | 2                                                                    |
|                                                                                                                                                                         |                                                                 |   |
| Item                  2.                                                                                                                                                     | Management's                  Discussion and Analysis                | 3      |
|                                                                                                                                                                         |                                                                 |   |
| Item                  3.                                                                                                                                                     | Controls                  and Procedures                             | 3      |
|                                                                                                                                                                         |                                                                 |   |
|                                                                                                                                                                         |                                                                 |   |
| **Part                  II - Other Information**                                                                                                                             |
|                                                                                                                                                                         |                                                                 |   |
| Item                  1.                                                                                                                                                     | Legal                  Proceedings                                   | 4      |
|                                                                                                                                                                         |                                                                 |   |
| Item                  2.                                                                                                                                                     | Change                  in Securities                                | 4      |
|                                                                                                                                                                         |                                                                 |   |
| Item                  3.                                                                                                                                                     | Defaults                  Upon Senior Notes                          | 4      |
|                                                                                                                                                                         |                                                                 |   |
| Item                  4.                                                                                                                                                     | Submission                  of Matters to a Vote of Security Holders | 4      |
|                                                                                                                                                                         |                                                                 |   |
| Item                  5.                                                                                                                                                     | Other                  Information                                   | 4      |
|                                                                                                                                                                         |                                                                 |   |
| Item                  6.                                                                                                                                                     | Exhibits                  and Reports on Form 8-K4                   |   |
|                                                                                                                                                                         |                                                                 |   |
| Signatures                                                                                                                                                                   | 4                                                                    |

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**ITEM      1. FINANCIAL STATEMENTS**

| **CST                  ENTERTAINMENT, INC.**BALANCE                    SHEET (Unaudited)As                      of December 31, 1999 |
|--------------------------------------------------------------------------------------------------------------------------------------|

| ASSETS                                                                      |   |   |        |
|-----------------------------------------------------------------------------|--------|--------|-------------|
| Current                assets                                               |   | $      | -           |   |
| Total                assets                                                 |   | $      | -           |   |
|                                                                        |   |   |             |   |
| LIABILITIES                AND STOCKHOLDERS' DEFICIT                        |   |   |             |   |
|                                                                        |   |   |             |   |
| Current                liabilities                                          |   | $      | -           |   |
| Total                liabilities                                            |   |   | -           |   |
|                                                                        |   |   |             |   |
| Stockholders'                Deficit:                                       |   |   |             |   |
| Common                stock, par value $0.15; 40,000,000 authorized; issued |   |   |             |   |
| and                outstanding 27,278,340 at December 31, 1999              |   |   | 4,091,752   |   |
| Additional                paid in capital                                   |   |   | 56,115,740  |   |
| Accumulated                deficit                                          |   |   | (60,207,492 | ) |
| Total                stockholders' deficit                                  |   |   | -           |   |
| Total                liabilities and stockholders' deficit                  |   | $      | -           |   |

| **CST                ENTERTAINMENT, INC.**STATEMENTS                    OF OPERATIONS (Unaudited)For                      the Three and Six Months Ended December 31, 1999 and                      1998 |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                          |   | For                    the Three and Six Months |       |
|---------------------------------------------------------------|--------|-------------------------------------------------|------------|
|                                                          |   | Ended                    December 31,           |       |
|                                                          |   | 1999                                            |       | 1998 |   |
| Revenue                                                       |   | $                                               | -          |   | $ | - |   |
| Operating                    expenses                         |   |                                            | -          |   |   | - |   |
| Net                    loss                                   |   | $                                               | -          |   | $ | - |   |
|                                                          |   |                                            |            |   |   |  |   |
| Weighted                    average common shares outstanding |   |                                            |            |   |   |  |   |
| Basic                    and fully diluted                    |   |                                            | 27,278,340 |   |   | 27,278,340 |   |
|                                                          |   |                                            |            |   |   |  |   |
| Net                    income (loss) per share common         |   | $                                               | -          |   | $ | - |   |

| **CST                      ENTERTAINMENT, INC.**STATEMENTS                      OF CASH FLOWS (Unaudited)    For                      the Three and Six Months Ended December 31, 1999 and 1998   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                      |   | For                      the Three and Six Months |   |
|-----------------------------------------------------------|--------|---------------------------------------------------|--------|
|                                                      |   | Ended                      December 31,           |   |
|                                                      |   | 1999                                              |   | 1998 |   |
| Cash                      flows from operating activities |   | $                                                 | -      |   | $ | - |   |
| Cash                      flows from investing activities |   |                                              | -      |   |   | - |   |
| Cash                      flows from financing activities |   |                                              | -      |   |   | - |   |
| Net                      increase (decrease) in cash      |   |                                              | -      |   |   | - |   |
| Cash                      at beginning of year            |   |                                              | -      |   |   | - |   |
| Cash                      at end of year                  |   | $                                                 | -      |   | $ | - |   |

**SEE              ACCOMPANYING NOTES TO FINANCIAL STATEMENTS**

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| **CST                  ENTERTAINMENT, INC.**CONSOLIDATED                  STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited)    For                  the Year Ended June 30, 1999 and Six Months Ended December 31,                  1999  |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                 |   |                          |       |    |   | Additional |   |          |       | Total  |   |
|--------------------------------------------------------------------------------------|--------|-------------------------------|------------|---------|--------|------------|--------|---------------|------------|--------|--------|
|                                                                                 |   | Common                  Stock |       | Paid-In |   | Deficit    |   | Stockholders' |       |
|                                                                                 |   | Shares                        |       | Amount  |   | Capital    |   | Accumulated   |       | Equity |   |
| Balances,                  June 30, 1998                                             |   |                          | 27,278,340 |    | $      | 4,091,752  |   | $             | 56,115,740 |   | $      | (60,207,492 | ) | $ | - |   |
| Balances,                  June 30, 1999                                             |   |                          | 27,278,340 |    | $      | 4,091,752  |   | $             | 56,115,740 |   | $      | (60,207,492 | ) | $ | - |   |
| Balances,                  December 31, 1999                                         |   |                          | 27,278,340 |    | $      | 4,091,752  |   | $             | 56,115,740 |   | $      | (60,207,492 | ) | $ | - |   |
|                                                                                 |
| **SEE                  ACCOMPANYING NOTES TO FINANCIAL                  STATEMENTS** |

**CST      ENTERTAINMENT, INC.**

**NOTE      A –      ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING      POLICIES**

*Net      Loss Per Share*

*Accounting      Estimates*

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**NOTE      B – BANKRUPTCY**

**NOTE      C – SUBSEQUENT EVENT**

**ITEM      2. MANAGEMENT'S DISCUSSION AND ANALYSIS**

**Results      of Operations**

**Liquidity      and Capital Resources**

**ITEM      3. CONTROLS AND PROCEDURES**

| (a) | Evaluation                of disclosure controls and procedures |
|-----|-----------------------------------------------------------------|

| (b) | Changes                in internal controls |
|-----|---------------------------------------------|

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**PART      II - OTHER INFORMATION**

| Item              1. | Legal                Proceedings. None. |
|----------------------|-----------------------------------------|

|   |   |
|--------|--------|
| Item              2. | Change                in Securities. None. |
|----------------------|--------------------------------------------|

|   |   |
|--------|--------|
| Item              3.  | Defaults                Upon Senior Securities. None. |
|----------------------------|-------------------------------------------------------|

|   |   |
|--------|--------|
| Item              4. | Submission                of Matters to a Vote of Security Holders.                None. |
|----------------------|------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|
| Item              5. | Other                Information. None. |
|----------------------|-----------------------------------------|

|   |   |
|--------|--------|
| Item              6  | Exhibits |
|---------------------------|----------|

| Exhibit              Number  |   | Title              of Document                                                                                                                                                                                                                                          |
|-----------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |   |                                                                                                                                                                                                                                                                    |
| 31.1                              |   | Certification of Principal Executive              Officer              and  Principal Accounting              Officer Pursuant to Rule 13a-14                                                                                                                 |
| 32.1                              |   | Certification                of Chief Executive Officer and Principle                Accounting Officer                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to                Section 906 of the Sarbanes-Oxley Act of                2002 |

**SIGNATURES**

|   | LEGACY HOLDINGS, INC.                                                                                                              |
|--------|------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                               |
|   |                                                                                                                               |
|   | /s/ Robert Matthews Robert                  MatthewsChief                  Executive Officer and Principle Accounting Officer |

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