SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549

                          FORM 10-KSB

            ANNUAL REPORT UNDER SECTION 13 OR 15(d)
             OF THE SECURITIES EXCHANGE ACT OF 1934

          FOR THE FISCAL YEAR ENDED DECEMBER 31, 1999

                Commission File Number: 0-27283

                      THE HATHAWAY CORP.
   (Exact name of Issuer as stated in its corporate charter)

            Nevada                                 11-3499197
   (State of Incorporation)                (IRS Taxpayer I.D. Number)

   c/o Maureen Abato, Esq., 2732 East 21st Street, Brooklyn, NY 11235
              (Address of principal executive offices)

Issuer's Telephone Number:   718-769-4021

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act:

Shares of common stock, par value $.001; not yet registered on any exchange

Check whether the Issuer: (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 (the AExchange
Act@) during the past twelve months (or for such shorter period that the
Issuer was required to file such reports), and (2) has been subject to such
filing requirements for the past ninety days:   Yes:   x      No:

Check if there is no disclosure of delinquent filers in response to Item 405
of Regulation SB contained in this Form 10-KSB, and no disclosure will be
contained, to the best of Registrant's knowledge, in definitive proxy
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form: x

State Issuer's revenues for its most recent fiscal year:    $0

The aggregate market value of voting stock held by nonaffiliates of the
Registrant was $ 15,000 as of April 17, 2000.  (NOTE: Since no trading
activity has occurred in the common stock, the market value was computed as
the price at which the common stock was sold.)

As of April 17, 1,015,000 shares of the Registrant's common stock, par value
$.00l per share, were issued and outstanding.

DOCUMENTS INCORPORATED BY REFERENCE: Articles of Incorporation and By-laws,
previously filed with the Registrant's Form 10-SB.

<PAGE>

PART I

Item 1.     Business.

               The Hathaway Corp. (herein, the "Issuer;" the "Registrant" or
the "Company") conducted an offering of its securities pursuant to Regulation
D, Rule 504 during July, 1999.  The Issuer's business plan involves performing
services for households and businesses in the handyman area, including the
moving of furniture, interior and exterior painting, construction of
bookcases, etc. As of the date of the Report the Company had earned revenues
of only $310, from handyman services, in response to advertisements placed in
nine local Brooklyn newspapers.  Management believes that expanding its
advertising may increase its revenues.  During April, 2000, an advertisement
was placed to appear in 13 Brooklyn newspapers for a four-week period.

Item 2.     Properties.

               The Company owns no properties and uses as its address the
office of its counsel, Maureen Abato, Esq., 2732 East 21st Street, Brooklyn,
NY 11235, without charge, including the use of certain office facilities such
as fax and telephone.  This arrangement is expected to continue until the
Company has earned sufficient revenues to obtain its own office.

Item 3.      Legal Proceedings.

                No legal proceedings have been commenced or contemplated by
the Company, and no notice of any legal proceedings involving the Company has
been received as of the date of the Report.

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

                No matters were submitted to a vote of the Company's security
holders during the period covered by this Report.

PART II

Item 5.      Market for Registrant's Common Equity and Related Stockholder
Matters.

                (a) The Company has issued only one class of common equity
securities, its common stock, par value $.001 per share.  As of the date of
the Report, no trading activity had commenced.

                (b) As of April 17, 2000, the Company had 19 holders of its
common stock, including three individuals who hold restricted shares.

                (c) No dividends were declared and none are anticipated in the
foreseeable future.

Item 6.      Management's Discussion and Analysis of Financial Condition
                and Results of Operations.

                The Company believes that expanded advertising will yield
greater revenues.  During April, 2000, an advertisement was placed in a total
of 13 Brooklyn newspapers, and the ad will also appear on the Website of the
Times Ledger.  Management intends to continue utilizing space on a rent-free
basis in the office of its counsel, and to keep expenses to a minimum, until
it achieves revenues, if ever.  In the event the Company should be
unsuccessful at generating sufficient revenues, Management may consider
permitting the Company to become a public "shell," and thereafter seeking
merger or acquisition with an active, operating company.  Thereafter, its
success would depend upon the ability of Management to locate a suitable

                                      2
<PAGE>

candidate for Business Combination and to consummate such a transaction, and
upon the eventual success of the company subsequent to such Business
Combination.

Item 7.      Financial Statements and Supplementary Data.


                              THE HATHAWAY CORP.
                         [A Development Stage Company]




                                   CONTENTS

                                                          PAGE

        -  Independent Auditors' Report                      4


        -  Balance Sheet, December 31, 1999                  5


        -  Statements of Operations, for the year ended
            December 31, 1999 and from inception on
            July 9, 1998 through December 31, 1998
            and 1999                                         6


        -  Statement of Stockholders' Equity, from
            inception on July 9, 1998 through
            December 31, 1999                                7


        -  Statements of Cash Flows, for the year ended
            December 31, 1999 and from inception on
            July 9, 1998 through December 31, 1998
            and 1999                                         8


        -  Notes to Financial Statements                   9 - 11



                                     3
<PAGE>

                         INDEPENDENT AUDITORS' REPORT



Board of Directors
THE HATHAWAY CORP.
Brooklyn, NY

We  have  audited  the  accompanying balance sheet of The  Hathaway  Corp.  [a
development stage company] at December 31, 1999, and the related statements of
operations,  stockholders' equity and cash flows for the year  ended  December
31,  1999  and for the period from inception on July 9, 1998 through December
31, 1999.  These financial statements are the responsibility of  the Company's
management.  Our responsibility is to express an opinion  on  these financial
statements based on our audits.  The financial  statements  of  The Hathaway
Corp. as of December 31, 1998  and  for  the period  from inception on July 9,
1998 through December 31, 1998 were  audited by other auditors whose report,
dated August 26, 1999 expressed an unqualified opinion  on  these  financial
statements.  The financial  statements  for  the period from inception on
July 9, 1998 through December 31, 1998 reflect a  net loss  of  $0  of  the
total net loss from inception  of  $8,196. The  other auditors'  report  has
been furnished to us, and our opinion,  insofar  as  it relates to the amounts
included for such prior periods, is based solely on the report of the other
auditors.

We  conducted  our  audit  in  accordance with  generally  accepted  auditing
standards.   Those  standards require that we plan and perform  the  audit  to
obtain reasonable assurance about whether the financial statements are free of
material misstatement.  An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements.  An  audit
also  includes  assessing  the  accounting  principles  used  and  significant
estimates  made  by  management, as well as evaluating the  overall  financial
statement presentation.  We believe that our audit provides a reasonable basis
for our opinion.

In  our opinion, based on our audit and the report of the other auditors,  the
financial  statements audited by us present fairly, in all material  respects,
the  financial position of The Hathaway Corp. as of December 31, 1999, and the
results  of its operations and its cash flows for the year ended December  31,
1999 and for the period from inception through December 31, 1999, in
conformity with generally accepted accounting principles.

The  accompanying financial statements have been prepared assuming the Company
will  continue  as a going concern.  As discussed in Note 7 to  the  financial
statements,  the Company has incurred losses since its inception and  has  not
yet been successful in establishing profitable operations, raising substantial
doubt about its ability to continue as a going concern.  Management's plans in
regards  to  these  matters  are also described  in  Note  7.   The  financial
statements  do not include any adjustments that might result from the  outcome
of these uncertainties.




/s/ Pritchett, Siler & Hardy, P.C.

March 17, 2000
Salt Lake City, Utah

                                        4
<PAGE>

                              THE HATHAWAY CORP.
                         [A Development Stage Company]

                                 BALANCE SHEET

                                    ASSETS

                                                 December 31,
                                                     1999
                                                 ___________
CURRENT ASSETS:
  Cash held by shareholder                        $    6,946
                                                 ___________
        Total Current Assets                      $    6,946
                                                 ___________

                     LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable                                $      807
                                                 ___________
        Total Current Liabilities                        807
                                                 ___________
STOCKHOLDERS' EQUITY:
  Common stock, $.001 par value,
   25,000,000 shares authorized,
   1,015,000 shares issued and
   outstanding                                         1,015
  Capital in excess of par value                      13,320
  Deficit accumulated during the
   development stage                                  (8,196)
                                                 ___________
        Total Stockholders' Equity                     6,139
                                                 ___________
                                                  $    6,946
                                                 ___________
























   The accompanying notes are an integral part of this financial statement.


                                     5
<PAGE>

                              THE HATHAWAY CORP.
                         [A Development Stage Company]


                           STATEMENTS OF OPERATIONS


                                                      From Inception
                                                       on July 9,
                                      For the          1998 Through
                                     Year Ended        December 31,
                                    December 31, _______________________
                                        1999        1998        1999
                                    ____________ ___________ ___________
REVENUE, net                         $      310   $       -   $     310
                                    ____________ ___________ ___________

EXPENSES:
  General and administrative              7,506           -       7,506
                                    ____________ ___________ ___________
LOSS FROM OPERATIONS
  BEFORE INCOME TAXES                    (7,196)          -      (7,196)

CURRENT TAX EXPENSE                           -           -           -

DEFERRED TAX EXPENSE                          -           -           -
                                    ____________ ___________ ___________
LOSS FROM CONTINUING
  OPERATIONS BEFORE
  CHANGE IN ACCOUNTING
  PRINCIPLE                              (7,196)          -      (7,196)

CUMULATIVE EFFECT OF
  CHANGE IN ACCOUNTING
  PRINCIPLE                              (1,000)          -      (1,000)
                                    ____________ ___________ ___________
NET LOSS                             $   (8,196)  $       -   $  (8,196)
                                    ____________ ___________ ___________
LOSS PER COMMON SHARE:
  Continuing operations              $     (.01)  $       -   $    (.01)
  Cumulative effect of change
   in accounting principle                 (.00)          -        (.00)
                                    ____________ ___________ ___________
LOSS PER COMMON SHARE                $     (.01)  $       -   $    (.01)
                                    ____________ ___________ ___________







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


                                      6
<PAGE>

                              THE HATHAWAY CORP.
                         [A Development Stage Company]

                       STATEMENT OF STOCKHOLDERS' EQUITY

                  FROM THE DATE OF INCEPTION ON JULY 9, 1998

                           THROUGH DECEMBER 31, 1999


                                                                     Deficit
                                                                   Accumulated
                                      Common Stock      Capital in During the
                                 _____________________  Excess of  Development
                                   Shares     Amount    Par Value     Stage
                                 __________ __________ ___________ ___________
BALANCE, July 9, 1998                    -  $       -  $        -  $        -

Issuance of 1,000,000 shares
 of common stock July 9, 1998
 at $.001 per share in exchange
 for expenses of $1,000 paid by
 shareholder                     1,000,000      1,000           -           -

Net loss for the period ended
 December 31, 1998                       -          -           -           -
                                 __________ __________ ___________ ___________
BALANCE, December 31, 1998       1,000,000      1,000           -           -

Issuance of 15,000 shares
 of common stock for cash,
 July 1999 at $1.00 per share,
 net of stock offering costs
 of $1,665                          15,000         15      13,320           -

Net loss for the year ended
  December 31, 1999                      -          -           -      (8,196)
                                 __________ __________ ___________ ___________
BALANCE, December 31, 1999       1,015,000   $  1,015   $  13,320   $  (8,196)
                                 __________ __________ ___________ ___________
















   The accompanying notes are an integral part of this financial statement.

                                     7
<PAGE>

                              THE HATHAWAY CORP.
                         [A Development Stage Company]

                           STATEMENTS OF CASH FLOWS

                                                           From Inception
                                                            on July 9,
                                           For the          1998 Through
                                          Year Ended        December 31,
                                         December 31, _______________________
                                             1999        1998        1999
                                         ____________ ___________ ___________
Cash Flows From Operating Activities:
 Net loss                                 $   (8,196)  $       -   $  (8,196)
 Adjustments to reconcile net loss to
  net cash used by operating activities:
  Effect of change in accounting
   principle                                   1,000           -       1,000
   Changes in assets and liabilities:
    Increase in accounts payable                 807           -         807
                                         ____________ ___________ ___________
        Net Cash (Used) by Operating
         Activities                           (6,389)          -      (6,389)
                                         ____________ ___________ ___________
Cash Flows From Investing Activities:              -           -           -

        Net Cash (Used) by Investing
         Activities                                -           -           -
                                         ____________ ___________ ___________
Cash Flows From Financing Activities:
 Proceeds from common stock issuance          15,000           -      15,000
 Payment of stock offering costs              (1,665)          -      (1,665)
                                         ____________ ___________ ___________
        Net Cash Provided by Financing
         Activities                           13,335           -      13,335
                                         ____________ ___________ ___________
Net Increase in Cash                           6,946           -       6,946

Cash at Beginning of Period                        -           -           -
                                         ____________ ___________ ___________
Cash at End of Period                     $    6,946   $       -   $   6,946
                                         ____________ ___________ ___________
Supplemental Disclosures of Cash Flow Information:
  Cash paid during the period for:
    Interest                              $        -   $       -   $       -
    Income taxes                          $        -   $       -   $       -

Supplemental Schedule of Noncash Investing and Financing Activities:
  For the Year Ended December 31, 1999
   The Company expensed its organizational costs of $1,000 in accordance with
   Statement of Position 98-5.

  For the Period Ended December 31, 1998
   Incorporation expenses of $1,000 were paid by a shareholder in exchange for
   1,000,000 shares of common stock.






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

                                      8
<PAGE>

                              THE HATHAWAY CORP.
                         [A Development Stage Company]

                         NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization - The Hathaway Corp. (the Company) was organized under  the  laws
  of  the  State of Nevada on July 9,1998.  It intends to develop and operate  a
  handyman business.  The services will include home repair, light construction,
  carpentry, furniture moving, picture and mirror hanging, yard work, and  other
  related  services.   The  Company  has, at the  present  time,  not  paid  any
  dividends  and any dividends that may be paid in the future will  depend  upon
  the  financial  requirements of the Company and other relevant  factors.   The
  Company has not generated significant revenues and is considered a development
  stage company as defined in Statement of Financial Accounting Standards (SFAS)
  No. 7.

  Organization  Costs - The Company has expensed its organization  costs,  which
  reflect  amounts  expended to organize the Company,  in  accordance  with  the
  Financial Accounting Standards Board's Statement of Position 98-5.

  Income  Taxes  -  The  Company accounts for income taxes  in  accordance  with
  Statement  of  Financial Accounting Standards (SFAS) No. 109, "Accounting  for
  Income  Taxes."  This statement requires an asset and liability  approach  for
  income taxes.

  Advertising Costs - The Company expenses its advertising costs as incurred.

  Loss  Per  Share - The computation of loss per share is based on the  weighted
  average  number  of  shares  outstanding  during  the  periods  presented   in
  accordance  with Statement of Financial Accounting Standards (SFAS)  No.  128,
  "Earnings Per Share".  [See Note 6]

  Revenue  Recognition  - The Company recognizes revenue at  the  completion  of
  services performed.

  Cash  and  Cash  Equivalents - For purposes of the financial  statements,  the
  Company considers all highly liquid debt investments purchased with a maturity
  of three months or less to be cash equivalents.

  Accounting  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, the disclosures of contingent assets and liabilities at the  date
  of  the financial statements, and the reported amount of revenues and expenses
  during the reported period.  Actual results could differ from those estimated.

  Recently  Enacted  Accounting Standards - Statement  of  Financial  Accounting
  Standards  (SFAS)  No. 132, "Employer's Disclosure about  Pensions  and  Other
  Postretirement Benefits", SFAS No. 133, "Accounting for Derivative Instruments
  and  Hedging  Activities",  SFAS  No.  134,  "Accounting  for  Mortgage-Backed
  Securities", SFAS No. 135, "Rescission of FASB Statement No. 75 and Technical
  Corrections",  SFAS No. 136, "Transfers of Assets to  a  not  for  profit
  organization  or  charitable  trust  that raises  or  holds contributions  for
  others", and SFAS No. 137 "Accounting  for derivative instruments and  hedging
  activities - deferral  of  the effective date of FASB statement No. 133 ( an
  amendment  of FASB Statement  No. 133.)", were recently issued.   SFAS  No.
  132,  133, 134, 135, 136 and 137 have no current applicability to the  Company
  or their effect on the financial statements would not have been significant.


                                      9
<PAGE>

                              THE HATHAWAY CORP.
                         [A Development Stage Company]

               NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 2 - CASH

  The Company's attorney, who is also a shareholder, currently holds cash in the
  amount of $6,946, belonging to the Company in a non-interest bearing and  non-
  insured account.

NOTE 3 - CAPITAL STOCK

  Common  Stock  - On July 9, 1998, the Company issued 1,000,000 shares  of  its
  previously authorized, but unissued common stock to its attorney for providing
  services valued at $1,000 related to organizing the Company.

  In  July  1999, the Company issued 15,000 shares of its previously authorized,
  but unissued common stock.  Total proceeds from the sale of stock amounted  to
  $15,000  (or  $1.00 per share).  Offering costs in the amount of  $1,665  have
  been charged to additional paid in capital.

NOTE 4 - RELATED PARTY TRANSACTIONS

  Professional  Services  - A shareholder of the Company provides  professional,
  legal and managerial services to the Company.

  Cash  -   A  shareholder holds cash in the amount of $6,946 belonging  to  the
  Company in a non-interest-baring and non-insured account.

NOTE 5 - INCOME TAXES

  The  Company  accounts  for  income  taxes in  accordance  with  Statement  of
  Financial  Accounting Standards No. 109 "Accounting for Income  Taxes".   SFAS
  No.  109  requires  the Company to provide a net deferred tax  asset/liability
  equal  to  the  expected  future tax benefit/expense  of  temporary  reporting
  differences  between  book  and  tax  accounting  methods  and  any  available
  operating loss or tax credit carryforwards.  At December 31, 1999, the Company
  has  available  unused  operating loss carryforwards of approximately  $7,500,
  which may be applied against future taxable income and which expire in 2019.

  The amount of and ultimate realization of the benefits from the operating loss
  carryforwards for income tax purposes is dependent, in part, upon the tax laws
  in  effect,  the future earnings of the Company, and other future events,  the
  effects of which cannot be determined.  Because of the uncertainty surrounding
  the  realization  of  the  loss carryforwards the Company  has  established  a
  valuation  allowance  equal to the tax effect of the loss  carryforwards  and,
  therefore,   no  deferred  tax  asset  has  been  recognized  for   the   loss
  carryforwards.  The net deferred tax assets are approximately $2,500 and $0 as
  of  December  31,  1999  and 1998, respectively, with an offsetting  valuation
  allowance  at  each year end of the same amount resulting in a change  in  the
  valuation  allowance of approximately $2,500 for the year ended  December  31,
  1999.

                                     10
<PAGE>
                              THE HATHAWAY CORP.
                         [A Development Stage Company]

                         NOTES TO FINANCIAL STATEMENTS

NOTE 6 - LOSS PER SHARE

  The  following data show the amounts used in computing loss per share for  the
  periods ended December 31, 1999 and 1998:


                                                           From Inception
                                                            on July 9,
                                           For the          1998 Through
                                          Year Ended        December 31,
                                         December 31, _______________________
                                             1999        1998        1999
                                         ____________ ___________ ___________
   Loss from continuing operations
   available to common shareholders
   (numerator)                            $   (7,196)  $       -   $  (7,196)
                                         ____________ ___________ ___________
   Cumulative effect of change in
   accounting principle (numerator)       $   (1,000)  $       -   $  (1,000)
                                         ____________ ___________ ___________
   Weighted average number of
   common shares outstanding used
   in loss per share for the period
   (denominator)                           1,006,329   1,000,000   1,004,278
                                         ____________ ___________ ___________

  Dilutive  loss  per  share was not presented, as the  Company  had  no  common
  equivalent  shares for all periods presented that would affect the computation
  of diluted loss per share.

  During  1999,  the Company adopted Statement of Position 98-5 and  accordingly
  expensed  its  organization costs of $1,000.  This has  been  reflected  as  a
  cumulative effect of change in accounting principle.

NOTE 7 - GOING CONCERN

  The  accompanying financial statements have been prepared in  conformity  with
  generally  accepted accounting principles, which contemplate  continuation  of
  the  Company  as  a going concern.  However, the Company has  incurred  losses
  since  its  inception,  and  has  not  yet  been  successful  in  establishing
  profitable  operations.   These  factors raise  substantial  doubt  about  the
  ability  of  the  Company  to continue as a going concern.   In  this  regard,
  management  is proposing to raise any necessary additional funds not  provided
  by  operations  through loans and/or through additional sales  of  its  common
  stock.   There is no assurance that the Company will be successful in  raising
  this  additional capital or in achieving profitable operations.  The financial
  statements  do not include any adjustments that might result from the  outcome
  of these uncertainties.
                                       11
<PAGE>

Item 8.      Changes in and Disagreements with Accountants
                on Accounting and Financial Disclosure.

                During March, 2000, the Company filed an 8-K advising of a
change in auditors.  This was due to the fact that the Company's previous
auditor was very busy with his tax practice and did not have time to perform
the audit for The Hathaway Corp. There was no other reason for the change, and
no disagreements with accountants on any accounting or financial disclosure
matter.

PART III

Item 9.       Directors, Executive Officers, Promoters and Control Persons;
Compliance with Section 16(a) of the Exchange Act.

                 The Company has two directors, who are also its officers and
sole promoters.  Both have served in the positions shown since inception and
is expected to continue to serve until the earlier of: (a) the consummation of
a Business Combination, if Management decides that that is the best choice of
action for the Company; or (b) after the next annual meeting of shareholders
and until his/her successor has been elected and has qualified.

             DZIDEDI OFORI, age 39, the Company's president and a director,
emigrated from Ghana, Africa in 1998, originally on a one-year work visa which
has been renewed for a second year.  Me. Ofori has applied for a green card
and was advised by the Immigration and Naturalization Service that such
application has been approved and that his green car is on its way to him,
although it has not yet been received.  Mr. Ofori attended the National
Training Institute in Ghana, where he completed Grade One and Grade Two
levels, equivalent to a college degree in this country.  In Accra, Ghana, Mr.
Ofori worked for UNA Agencies, an interior design firm, from September 1989
through February 1998, where he was responsible for estimating the size and
scope of contracts and for supervising a crew of eight in the implementation
of contracts.  Since September, 1998, Mr. Ofori has been in the employ of
Gallo Construction, with main offices located in Lyncroft, New Jersey.  He
works as a capenter and has also, in the past offered his services on weekends
and holidays as a self-employed handyman.

          ROBERT CAPEZZANO, age 52, the Company's secretary-treasurer and a
director, has owneed Capezzano Construction Corp., located in Brooklyn, New
York, since 1978.  Capezzano Construction is a licensed contracting company
and since its inception has specialized in home renovation and remodelling,
construction, demolition, aluminum siding, roof repair and retarring, and
related areas.  Mr. Capezzano graduated from Grady High School in Brooklyn and
was privately schooled with the Lond Island RailRoad.  Mr. Capezzano
supervises crews of varying sizes and has complete responsibility for managing
his twenty-year old business.

                                         12
<PAGE>

          MAUREEN ABATO, age 41, a principal shareholder of the Company, could
be considered one of its promoters.  She earned a B.A. from New York
University in 1980 and a J.D. from Brooklyn Law School in 1984.  She has been
a securities lawyer in private practice in New York since 1985.  Until 1989
she owned and managed Metropolitan Stock Transfer Company.  During 1996-97 she
was also an associate at Singer, Zamansky, a securities law firm in New York
City.  She was an officer and director of Avalon Enterprises, Inc. (now Avalon
Community Services) from 1991 to 1992.  During 1989 she was counsel to and a
director of Medizone International, Inc., a public company engaged in research
and development into medical uses of ozone.  From 1993 to 1997, she was an
officer and director of Coronado Communications Corp. (now Nesko Industries)
and of Davenport Ventures, Inc. (now royal Financial Corp.)  During 1997 she
was an officer and director of the Enterprise (now Ehealth.com).  From 1991 to
1999 she was an officer and director of Bishop Equities, Inc., which acquired
Hemex, Inc. and Aethlon, Inc.  She is currently a principal shareholder in
Gold & Green, Inc. and Navarone, Inc.,  two companies which conducted stock
offerings pursuant to Regulation D, Rule 504, and in Fortunata, Inc., a
startup company which is contemplating conducting a securities offering.  She
is also president and a director of Gold & Green, Inc., and secretary-
treasurer and a director of Navarone, Inc.  She is also counsel to an
principal shareholder of Fortunata, Inc., a company which is preparing to
conduct a securities offering.

Item 10.      Executive Compensation.

                 (a) During the year covered by the Report, the Company's
president was paid $1,000, and the secretary-treasurer was paid $1,000.  Mr.
Ofori was also paid $500 for the purchase of tools, of which he spent less
than $400 on tools and kept the remainder as additional compensation.  Mr.
Capezzano decided that he had sufficient tools, and kept the $500 as
additional compensation.

                 (b) The Company has no employment agreement with either of
its officers, both of whom are expected to continue to devote only a minimal
portion of their time to the Company's affairs, unless in the event a Business
Combination is consummated, whereupon they are expected to resign in favor of
the management of the private company acquired or merged with.

Item 11.      Security Ownership of Certain Beneficial Owners and Management.

                  Shown in the following table are those individuals known to
the Company to be the beneficial owners of more than five percent of any class
of its voting securities, consisting of shares of common stock, par value
$.001 per share.  Also shown are the number of shares beneficially owned by
the Company's directors, and by the officers and directors as a group.

                                         13
<PAGE>

 Number of               Name and address           Percentage of
shares owned            of beneficial owner          shares owned

435,000                Dzidedi Ofori                      43%
                       590 Flatbush Avenue #4H
                       Brooklyn, Ny 1125

415,000                Robert Capezzano                   41%
                       6911 Avenue Y
                       Brooklyn, NY 11234

150,000                Maureen Abato                      15%
                       2732 East 21st Street
                       Brooklyn, NY 11235

850,000                Officers and directors
                       as a group (two persons)           96%

Item 12.     Certain Relationships and Related Transactions.

                 During the period covered by the Report, the Company was not
a party to any transaction with its officers, directors, principal
securityholders or the affiliates of any of such persons, invovling an amount
exceeding $60,000.  The only transactions consisted of the payment of fees to
officers and the reimbursement of certain expenses by counsel.

Item 13.     Exhibits, Lists and Reports on Form 8-K.

                 (a) Filed herewith are an audited balance sheet and footnotes
as of December 31, 1999 and related statements of income and expenses, cash
flows and accumulated deficit for the years ended December 31, 1999 and 1998.

                        The following documents, previously filed with the
Company's Form 10-SB, are incorporated by reference: Articles of Incorporation
and By-laws.

                  (b) Reports on Form 8-K.

                        None filed during the period covered by the Annual
Report.



                                     14



<PAGE>









                          SIGNATURES

                In accordance with Section 13 or 15(d) of the Exchange Act,
the Registrant has caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                      THE HATHAWAY CORP.

                                      By: s\ Dzidedi Ofori
                                             Dzidedi Ofori, President
Dated:     April 14, 2000

                In accordance with the Exchange Act, this Report has been
signed below by the following persons on behalf of the Registrant and in the
capacities and on the dates indicated.

                                      By: s\ Dzidedi Ofori
                                             Dzidedi Ofori, President
                                              and Director

Dated:     April 14, 2000

                                      By: s\ Robert Capezzano
                                             Robert Capezzano, Secretary-
                                             Treasurer and Director

Dated:     April 14, 2000


SUPPLEMENTAL INFORMATION: A proxy statement is not being furnished at this
time, nor has Registrant furnished its shareholders with annual reports.
Copies of an annual report for the period covered by this Report, if
distributed subsequent to the filing date hereof, will be furnished to the
Commission when available.