UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                  FORM 10-QSB/A

[X]  Quarterly  Report  pursuant  to Section 13 or 15(d) of the  Securities
     Exchange Act of 1934

      For the quarterly period ended October 31, 2000

[ ]  Transition Report pursuant to 13 or 15(d) of the Securities  Exchange Act
     of 1934

      For the transition period                  to
                                ----------------    --------------------

            Commission File Number  0-29067
                                   -------------

                                  MARKETU INC.
                  (Formerly North American Resort & Golf, Inc.)
                  ---------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)

               Nevada                                  98-0173359
-----------------------                         ------------------------
 (State or other jurisdiction of            (IRS Employer Identification No.)
incorporation or organization)


    Suite 101, 20145 Stewart Crescent
      Maple Ridge, BC Canada                              V2X 0T6
--------------------------------------        --------------------------------
(Address of principal executive offices)             (Postal or Zip Code)

Issuer's telephone number, including area code: 604-460-7634


                                       N/A
(Former name, former address and former fiscal year, if changed since last
 report)


Check whether the issuer (1) 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 such shorter period that the issuer was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days [ X ] Yes [ ] No

As of July 31, 2001 the Company had 9,704,184 outstanding shares of Common
Stock. This amount excludes 4,500,000 shares of common stock issuable upon the
exchange of 4,500,000 Series A Preferred shares.

<PAGE>













            Interim Consolidated Financial Statements of

            MARKETU INC.
            (Expressed in U.S. Dollars)


            Three months ended October 31, 2000
            (Unaudited)


<PAGE>


 MARKETU INC.
 Interim Consolidated Balance Sheets
 (Expressed in U.S. Dollars)

 October 31, 2000 and July 31, 2000

 -------------------------------------------------------------------------------
                                                        October 31       July 31
                                                           2000           2000
 -------------------------------------------------------------------------------
                                                       (Unaudited)
 Assets

 Current assets:
    Cash                                                $  197,820 $       3,034
    Accounts receivable                                     12,277         6,821
    Prepaid expenses                                        29,021        29,045
    Security deposit                                        18,236        10,810
    ----------------------------------------------------------------------------
                                                           257,354        49,710

 Due from shareholder (Note 4)                              74,813        69,241

 Goodwill (Note 5)                                         830,071       913,078

 Fixed assets                                               42,081        30,094

 Web site development                                       39,355        33,563

 -------------------------------------------------------------------------------
                                                        $1,243,674    $1,095,686
 -------------------------------------------------------------------------------
 Liabilities and Stockholders' Equity

 Current liabilities:
    Accounts payable and accrued liabilities              $ 55,528     $  95,144
    Unearned revenue                                       117,872       137,489
    Due to related parties (Note 6)                         45,271        49,388
    Promissory notes payable                                     -        24,887
    ----------------------------------------------------------------------------
                                                           218,671       306,908

 Stockholders' equity:
    Common stock - 50,000,000 authorized, 8,259,154
    issued          (July 31, 2000 - 5,054,367)              7,715         5,054
    Additional paid in capital                             731,770       330,376
    Series A preferred stock - 10,000,000
    authorized,                                            759,375       759,375
      4,500,000 issued
    Deficit                                              (475,345)     (306,932)
    Accumulative other comprehensive income (loss):
       Cumulative exchange adjustment                        1,488           905
     ---------------------------------------------------------------------------
                                                         1,025,003       788,778
 Subsequent events (Notes 3 and 8)
 -------------------------------------------------------------------------------
                                                       $ 1,243,674    $1,095,686
 -------------------------------------------------------------------------------

 See accompanying notes to interim consolidated financial statements.


<PAGE>


 MARKETU INC.
 Interim Consolidated Statements of Operations
 (Expressed in U.S. Dollars)
 (Unaudited)

 -----------------------------------------------------------------------
                                              Three months    Three months
                                                     ended        ended
                                               October 31,     October 31,
                                                      2000         1999
 -----------------------------------------------------------------------
 Revenue:
    Referral fees                                 $ 66,183     $     --
    Membership dues                                 82,416           --
    Miscellaneous revenue                              507           --
    --------------------------------------------------------------------
                                                   149,106           --
 Direct costs:
    Commission                                      23,035           --
    Courier                                            409           --
    Credit card                                      1,982           --
    Telephone                                        6,841           --
    Wages and benefits                              43,456           --
    Web site maintenance and development            20,187           --
    --------------------------------------------------------------------
                                                    82,910           --
 -----------------------------------------------------------------------
 Gross margin                                       66,196           --

 General and administrative expenses:
    Advertising and promotion                          232           --
    Amortization      - capital costs                2,207           --
              - goodwill                            83,007           --
    Automobile                                         866           --
    Bank charges and interest                        2,047           --
    Computer services                                1,730           --

    Insurance and licensing                          1,322           --
    Investor relations and marketing                 2,208           --

    Office lease                                     4,185           --
    Office supplies                                  1,011        3,661
    Professional fees                               36,022           --
    Maintenance and utilities                          988           --
    Management fees                                 23,638           --
    Stock compensation                              17,750           --
    Stock transfer and filings                         972           --
    Telephone                                          728           --
    Travel                                           6,849           --
    Wages and benefits                              36,819           --
    --------------------------------------------------------------------
                                                   234,609        3,661
 -----------------------------------------------------------------------
 Net loss for the period                        $(168,413)    $ (3,661)
 -----------------------------------------------------------------------

 Net loss per common share, basic and diluted
                                                 $  (0.02)      $  0.00
 Weighted average common shares
  outstanding, basic and diluted                 9,673,735    4,552,200
 -----------------------------------------------------------------------

  See accompanying notes to interim consolidated financial statements.


<PAGE>


MARKETU INC.
Interim Consolidated Statements of Stockholders' Equity and Comprehensive Loss
(Expressed in U.S. Dollars)
Three months ended October 31, 2000
(Unaudited)

<TABLE>
  <S>                                <C>         <C>           <C>         <C>         <C>              <C>         <C>        <C>
                                                                                                    Accumulated
                                        Common stock                     Series A Preferred Stock     other
                                    Number of                Additional   Number of                comprehensive  Accumulated
                                    shares       Amount      paid in      Shares      Amount          Income      Deficit     Total
                                                              capital
-----------------------------------------------------------------------------------------------------------------------------------

Balance, July 31, 2000             5,054,367    $ 5,054      $ 330,376   4,500,000   $ 759,375        $  905   $ (306,932) $ 788,778

Common stock issued for
 compensation on August 8, 2000
 at fair  market  value of $0.25      71,000         71         17,679          --          --            --           --     17,750
 per share

Common  stock issued for cash on
 October 19,  2000 at $0.15  per
 share,  net of  issuance  costs   2,589,569      2,590        383,715          --          --            --           --    386,305
 of $2,130

Issuance  of common  stock under
 subscription   on  October  19,
 2000 at $0.15 per share             544,218        544         81,089          --          --            --           --     81,633
  Less:   note   receivable  for           -       (544)       (81,089)         --          --            --           --   (81,633)
subscription

Comprehensive loss:
   Translation adjustment                 --         --             --          --          --           583           --        583
   Loss for the period                    --         --             --          --          --            --     (168,413) (168,413)
                                 ---------------------------------------------------------------------------------------------------
                                                                                                         583     (168,413) (167,830)
------------------------------------------------------------------------------------------------------------------------------------
Balance, October 31, 2000          8,259,154    $ 7,715      $ 731,770   4,500,000    $ 759,375      $ 1,488  $(475,345) $ 1,025,003
------------------------------------------------------------------------------------------------------------------------------------

</TABLE>


See accompanying notes to interim consolidated financial statements

<PAGE>

MARKETU INC.
Interim Consolidated Statements of Cash Flows
(Expressed in U.S. Dollars)
(Unaudited)

 -------------------------------------------------------------------------------
                                                      Three months  Three months
                                                         ended          ended
                                                      October 31,    October 31,
                                                           2000          1999
 -------------------------------------------------------------------------------

 Cash flows from operating activities:
    Loss for the period                                $(168,413)     $ (3,661)
    Items not involving cash:
    Amortization                                          85,214            --
    Amortization of web site development costs            12,970            --
    Stock based compensation                              17,750            --
    Changes in operating asset and liabilities:                             --
       Accounts receivable                                (5,426)           --
       Prepaid expenses                                       24            --
       Accounts payable and accrued liabilities          (37,266)        3,661
       Unearned revenue                                  (19,617)           --
   -----------------------------------------------------------------------------
    Net cash used in operating activities               (114,794)           --

 Cash flows from investing activities:
    Acquisition of fixed assets                          (14,637)           --
    Web site development                                 (20,086)           --
    Security deposits                                     (7,426)           --
 -------------------------------------------------------------------------------
 Net cash used in investing activities                   (42,149)           --

 Cash flows from financing activities:
    Net proceeds from issuances of and
     subscriptions for common stock                      386,305            --
    Repayment of advances to related party                (4,117)           --
    Advances to shareholders                              (5,572)           --
    Repayment of promissory notes                        (24,887)           --
    ----------------------------------------------------------------------------
    Net cash provided by financing activities            351,729            --

 -------------------------------------------------------------------------------
 Increase in cash                                        194,786            --
 Cash, beginning of period                                 3,034            --
 -------------------------------------------------------------------------------
 Cash, end of period                                   $ 197,820        $   --
 -------------------------------------------------------------------------------

  Supplemental disclosure (see Note 10).

  See accompanying notes to interim consolidated financial statements.


<PAGE>


MARKETU INC.
Notes to Interim Consolidated Financial Statements
(Expressed in U.S. Dollars)

Three months ended October 31, 2000
(Unaudited)

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

1.  General operations:

MarketU Inc. (the "Company") was incorporated under the laws of the State of
Nevada on June 4, 1997. On April 28, 2000, the Company acquired two Canadian
corporations ("Home Finders Realty") in a transaction that was accounted for as
a purchase of Home Finders Realty. Prior to the purchase, the Company was in the
development stage as it was devoting substantially all of its efforts to the
identification and development of new business opportunities.

Following the purchase transaction described above, the Company's primary
business activity is providing a service which allows real estate professionals
and the general public to find customer service oriented realtors in North
American cities through the Company's web sites AMRR.com and CMRR.com.

These interim consolidated financial statements have been prepared on a going
concern basis in accordance with United States generally accepted accounting
principals. The going concern basis of presentation assumes the Company will
continue in operation for the foreseeable future and will be able to realize its
assets and discharge its liabilities and commitments in the normal course of
business. Certain conditions, as discussed below, currently exist which raise
substantial doubt upon the validity of this assumption. The financial statements
do not include any adjustments that might result from the outcome of this
uncertainty.

The Company's future operations are dependent upon the Company's ability to
secure additional financing. The Company continues to experience negative cash
flows from operations and the Company does not have sufficient working capital
to sustain operations until October 31, 2001. To date, operations have primarily
been financed through the issuance of common stock. There can be no assurance
that the Company will be able to secure additional financing or be able to
secure such financings on reasonable terms.



2.    Significant accounting policies:

The interim consolidated financial statements of the Company have been prepared
in accordance with generally accepted accounting principles in the United
States.

   (a)      Consolidation:

     The interim  consolidated  financial statements include the accounts of the
     Company and its  subsidiaries:  Most Referred Real Estate Agents Inc., Home
     Finders Realty Ltd.  (collectively  "Home Finders Realty"),  604587 British
     Columbia Ltd. and AMRR.com, Inc.

      All significant inter-company balances and transactions have been
      eliminated in the interim consolidated financial statements.


<PAGE>


MARKETU INC.
Notes to Interim Consolidated Financial Statements (continued)
(Expressed in U.S. Dollars)

Three months ended October 31, 2000
(Unaudited)
--------------------------------------------------------------------------------

2.  Significant accounting policies (continued):

    (b)     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,
      and disclosure of contingent assets and liabilities at the date of the
      financial statements, and the reported amounts of revenues and expenses
      for the reporting period. Actual results could differ from these
      estimates.

    (c) The accompanying unaudited financial statements have been prepared in
      accordance with the instructions to Form 10-QSB and Item 310 (b) of
      Regulation S-B, and, therefore, do not include all information and
      footnotes necessary for a complete presentation of financial position,
      results of operations, cash flows, and stockholders' equity in conformity
      with generally accepted accounting principles. In the opinion of
      management, all adjustments considered necessary for a fair presentation
      of the results of operations and financial position have been included and
      all such adjustments are of a normal recurring nature. Readers of these
      financial statements should read the annual audited financial statements
      of the Company filed on Form 10KSB/A in conjunction herewith. Operating
      results for the three months ended October 31, 2000 are not necessarily
      indicative of the results that can be expected for the year ending July
      31, 2001.

 3. Capital stock:

(a)  As of October 31, 2000, the Company has  outstanding  stock options for the
     purchase of common shares as follows:

            100,000 shares at $1.00 per share to March 1, 2001
            527,000 shares at $0.43 per share until expiry on August 1, 2003


(b)  As of  October  31,  2000 the  Company  had  outstanding  warrants  for the
     purchase of common shares as follows:

      ---------------------------------------------------------------------
        Number       Exercise Price              Expiration Date
       of shares    Year 1     Year 2       Year 1            Year 2
      ---------------------------------------------------------------------

         200,000     $ 0.50    $ 0.75   December 22,    December 22, 2001
                                        2001
          50,000     $ 0.75    $ 0.75                   February 10, 2001
          61,500     $ 0.75    $ 0.75                   March 10, 2001
         125,667     $ 1.00    $ 1.00                   March 17, 2001
          65,000     $ 1.25             May 1, 2001
          65,000     $ 1.50             May 1, 2001
       1,566,893     $ 0.25    $ 0.30   October 18,     October 18, 2002
                                        2001

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


<PAGE>


MARKETU INC.
Notes to Interim Consolidated Financial Statements (continued)
(Expressed in U.S. Dollars)

Three months ended October 31, 2000
(Unaudited)
--------------------------------------------------------------------------------

3. Capital stock (continued):

   During the three-month period ended October 31, 2000 the following share
   transactions occurred:

(a)  On August 8, 2000 the Company  issued  71,000  common shares to an employee
     and former director for services at their market value of $0.25 per share.

(b)  On October 19, 2000 the Company issued  3,133,787 common shares pursuant to
     a private  placement  agreement.  The shares were issued at $0.15 each,  of
     which  2,589,569  shares were issued for cash  proceeds of $386,305 (net of
     issuance  costs) and 544,219  shares were issued under  subscription  and a
     note receivable of $81,633.

   Subsequent to October 31, 2000, the following share transactions occurred:

(a)   On November 24, 2000 the Company issued 4,000 common shares to an
      employee, for services rendered, pursuant to the Stock Bonus Plan.
(b)   On February 14, 2001 the Company issued 446,530 common shares to acquire
      approximately 86.9% of the issued and outstanding common shares of
      AMRR.com, Inc. (see note 8).
(c)   On February 26, 2001 the Company issued 1,000 common shares to an
      employee, for services rendered, pursuant to the Stock Bonus Plan.
(d)   On March 1, 2001, 100,000 outstanding stock options, exercisable at $1.00
      per share, expired.
(e)   On March 5, 2001 the Company sold 375,000 common shares at $0.20 per share
      for total proceeds of $75,000. $25,000 was received on March 6, 2001 and
      two further equal instalments of $25,000 each were received on April 2,
      2001 and May 4, 2001.
(f)   On March 10, 2001, 61,500 warrants, exercisable at $0.75, expired.
(g)   On March 17, 2001, 125,667 warrants, exercisable at $1.00, expired.
(h)   On May 1, 2000, 65,000 warrants, exercisable at $1.25 and 65,000 warrants,
      exercisable at $1.50, expired.
(i)   On May 15, 2001, the Company issued 100,000 stock options exercisable at
      $0.25 to each of two of its officers, three of its directors and to one
      consultant of the Company.
(j)   On May 7, 2001, the Company issued 38,500 common shares to employees for
      services rendered, pursuant to the Stock Bonus Plan.
(k)   On May 7, 2001, the Company issued 50,000 common shares to two consultants
      for services rendered, pursuant to the Stock Bonus Plan.
(l)   On May 15, 2001, the Company issued 115,000 stock options exercisable  at
      $0.25. 75,000 options were issued to an employee and 40,000 to a
      consultant.


<PAGE>


MARKETU INC.
Notes to Interim Consolidated Financial Statements (continued)
(Expressed in U.S. Dollars)

Three months ended October 31, 2000
(Unaudited)
--------------------------------------------------------------------------------

3.  Capital stock (continued):
(m)   On May 22, 2001 the Company sold 375,000 units at a price of $0.20 per
      unit for $25,000 in cash and a $50,000 note receivable. Each unit consists
      of one share of common stock and one warrant. Each warrant allows the
      holder to purchase one share of the Company's common stock at a price of
      $0.25 per share at any time prior to July 13, 2003. The note receivable is
      due in two instalments; $25,000 was received on June 12, 2001 and $25,000
      is due on July 13, 2001.
(n)   On May 29, 2001 the Company sold 150,000 units at a price of $0.20 per
      unit for $30,000 in cash which was received on May 31, 2001. Each unit
      consists of one share of common stock and one warrant. Each warrant allows
      the holder to purchase one share of the Company's common stock at a price
      of $0.25 per share at any time prior to May 29, 2003.
(o)   On May 31, 2001 the Company issued 5,000 common shares from its bonus
      stock plan to a consultant for services.


 4. Due from shareholder:

    The amount due from shareholder is without interest, has no specified terms
    of repayment and is unsecured. The shareholder is also a director of the
    Company.


5. Goodwill:

   -----------------------------------------------------------------------------
                                                          October 31     July 31
                                                             2000         2000
   -----------------------------------------------------------------------------
   Cost                                                   $996,085     $996,085
   Accumulated amortization                                166,014       83,007
   -----------------------------------------------------------------------------
   Net book value                                         $830,071     $913,078
   -----------------------------------------------------------------------------

6.  Due to related parties:

   -----------------------------------------------------------------------------
                                                        October 31      July 31
                                                           2000          2000
   -----------------------------------------------------------------------------
   Due to AMRR.com, Inc. ("AMRR"), without interest
     or specified terms of repayment                     $ 45,271      $ 49,388
   -----------------------------------------------------------------------------
                                                         $ 45,271      $ 49,388
   -----------------------------------------------------------------------------

    A director of the Company is the sole director of AMRR. The Company leases
    computer and office equipment with a fair value of approximately $8,500.

<PAGE>

MARKETU INC.
Notes to Interim Consolidated Financial Statements (continued)
(Expressed in U.S. Dollars)

Three months ended October 31, 2000
(Unaudited)
--------------------------------------------------------------------------------

7.    Comparative figures:

    Certain of the comparative period figures have been reclassified to conform
    with the current period presentation.

8.    Subsequent Events

    Acquisition of AMRR.com, Inc.:

    On February 14, 2001, the Company acquired approximately 86.9% of the issued
    and outstanding shares of AMRR. This transaction was completed by issuing
    446,530 common shares of the Company to the shareholders of AMRR in exchange
    for 223,265 common shares in AMRR.

    Subsequently and pursuant to the purchase agreement, AMRR purchased for
    cash, the remaining 13.1% of the outstanding shares of AMRR for
    cancellation. The effect of this transaction increased the Company's
    ownership in AMRR to 100%. The cash outlay by AMRR is recoverable from other
    parties including the sole director of AMRR.

    The 446,530 common shares issued by the Company on the acquisition has been
    valued based upon the fair market value of the assets acquired.

    The consideration paid has been allocated to the assets acquired and
    liabilities assumed, based on their estimated fair values at February 14,
    2001, the acquisition date, which are as follows:

    ----------------------------------------------------------------------------
        Assets acquired:
        Other current assets                                             $ 2,555
        Fixed assets                                                       8,731
    ----------------------------------------------------------------------------
                                                                          11,286

        Debt to AMRR extinguished on acquisition                          34,615
    ----------------------------------------------------------------------------
        Fair market value of common shares issued upon                   $45,901
        acquisition of AMRR
    ----------------------------------------------------------------------------

    Severance Costs:

    The Company made settlements, for past employment services, with former
    employees in June and July 2001. The total cost of these settlements is
    estimated to be $36,000 which will be settled through cash payments over a
    period of six months beginning at the end of July 2001. The estimated cost
    of the severance packages has been accrued as at April 30, 2001.





<PAGE>



MARKETU INC.
Notes to Interim Consolidated Financial Statements (continued)
(Expressed in U.S. Dollars)

Three months ended October 31, 2000
(Unaudited)
--------------------------------------------------------------------------------


9. Pro-forma financial information:

    The pro-forma financial information of the Company presented below should be
    read in conjunction with the enclosed detailed financial statements. The pro
    forma figures provided gives effect to the acquisition of Home Finders
    Realty as if it had occurred at the beginning of the period presented.

   Statement of Operations

   -----------------------------------------------------------------------
                                                           Three months
                                                               ended
                                                           October 31,
                                                                1999
                                                            (Pro-forma)
   -----------------------------------------------------------------------
   Revenues:
     Referral fees                                             $56,032
     Membership dues                                           104,863
     Other                                                         113
     --------------------------------------------------------------------
                                                               161,008

   Direct costs                                                 69,285
   General and administrative expenses                         118,677
   Amortization of goodwill                                     83,007
   -----------------------------------------------------------------------
   Net Loss                                                 $ (109,961)
   -----------------------------------------------------------------------

   Pro-forma net loss per common share, basic and               $(0.02)
     diluted

   Pro-forma weighted average common shares
     outstanding, basic and diluted                          4,552,200
   -----------------------------------------------------------------------

10.   Statement of Cash Flows supplemental disclosure:

----------------------------------------------------------------------
                                       Three months    Three months
                                           ended            ended
                                       October 31,      October 31,
                                           2000             1999
----------------------------------------------------------------------
Non-cash transactions:
Interest paid                          $  1,463          $    -
Income taxed paid                       $     -          $    -
----------------------------------------------------------------------











<PAGE>


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

Change in ownership

In September 25, 2000 the Company announced the appointment of a new director
and president as part of a management and ownership change of control.

On September 21, 2000:

o    612559 B.C. Ltd. acquired 250,000 shares of the Company's common stock from
     Christine  Cerisse,  a former  officer  and  director of the  Company,  for
     $50,000.  612559 B.C. Ltd. agreed to purchase 500,000  additional shares of
     the Company's  common stock owned by Ms.  Cerisse for $150,000.  As part of
     its  agreement  with Ms.  Cerisse,  612559 B.C.  Ltd. has the right to vote
     these 500,000 shares.

o    612559 B.C.  Ltd.  acquired the voting  rights to  3,500,000  shares of the
     Company's  Series A  Preferred  stock which are owned by William and Carole
     Coughlin.  Each Series A Preferred share is entitled to one vote and may be
     exchanged  for one share of the Company's  common  stock.  612559 B.C. Ltd.
     also acquired from Mr. and Mrs. Coughlin an option to acquire the 3,500,000
     Series A Preferred  shares at prices ranging from $0.65 to $0.85 per share.
     The option expires on April 30, 2002.

o     Khachik Toomian acquired 2,000,000 shares of the Company's common stock
      from Ms. Cerisse for $153,000 in cash.

On September 25, 2000 the Company further announced an agreement between 612559,
an associate of 612559 and Christine  Cerisse, a former director of the Company,
in which 612559 acquired  2,750,000  common shares of the Company from Christine
Cerisse. Consequently, Christine Cerisse, James Sanford and Robert Dent resigned
as directors of the Company,  and William Coughlin  resigned as president of the
Company.  On September 21, 2000, Ken Galpin was appointed director and president
of the  Company,  as well as a director of the  Company's  subsidiaries,  604587
British  Columbia  Ltd.,  Most Referred Real Estate Agents Inc. and Home Finders
Realty Ltd. Mr. Galpin was also  appointed  CEO of Home Finders  Realty Ltd. and
Most Referred Real Estate  Agents Inc. on September 22, 2000.  Mr.  Coughlin has
been appointed Product Development Officer of the Company.

612559,  a B.C. private  company,  together with its associates,  now has voting
rights to approximately 65% of the issued and outstanding shares of the Company.
Mr. Galpin is also the president and a director of 612559.  In conjunction  with
the sale of shares by Christine Cerisse to 612559, 400,000 stock options held by
Ms. Cerisse at a price of US$0.25 per share were cancelled.

Revenues and expenses

Revenues during the three months ended October 31, 2000 were less than expected
due to technical problems during the summer of 2000. These technical problems
included: software failures that resulted in MarketU being unable to view
customer information by means of its websites and website server hardware
failures that caused MarketU's websites to be unavailable to its customers for
significant periods of time. MarketU has taken steps to prevent these technical
problems from reoccurring. The steps include the installation of additional
computer systems and upgrading existing computer systems, the implementation of
a system backup program, relocating the computers serving MarketU's website to a
facility with greater backup systems, and the establishment of a 24-hour
automated alert system for MarketU's technical staff. It is the opinion of
management that these technical problems have been corrected and are not
expected to reoccur in the future.



<PAGE>


Item 2.  Management's Discussion and Analysis or Plan of Operations (continued)



Revenues and Expenses (cont'd)

Referral revenues increased by $66,183 during the first quarter of 2001 over the
first quarter of fiscal 2000 as a result of the acquisition of Home Finders
Realty. The Company is continuing to focus its efforts primarily on its realtor
referral services. As a result, referral revenues, on a pro-forma basis, for

the quarter increased $10,151 or 18.1% over the first quarter of fiscal 2000.
Referral revenues generally lag referral efforts by approximately three to four
months due to the average time period required to close real estate transactions
and realize the referral fee.

Membership revenues increased by $82,416 during the current three-month period
over the comparative period in 1999 as a result of the acquisition of Home
Finders Realty. On a pro-forma basis, membership revenues decreased from
$104,863 for the three-month period of fiscal 2000 to $82,416 for the
three-month period of fiscal 2001. Pro forma first quarter membership dues
declined 21.4% over the fiscal 2000 quarter primarily due to a change in the
Company's marketing strategy and increased competition from businesses offering
website design and hosting services to realtors. The change in the marketing
strategy involved moving staff from membership sales to referral services. The
Company is planning, however, to increase its membership marketing efforts
beginning in the fourth quarter of fiscal 2001 to coincide with the launch of
its re-designed websites.

Direct costs for the three-months ended October 31, 2000 increased by $13,625 in
comparison to the pro-forma period in the prior year. This increase is due to
the hiring of additional sales and marketing staff. It is expected that direct
costs will continue to increase in future period in fiscal 2001 due to the
anticipated hiring of additional sales, marketing and realtor staff.

General and administrative expenses, exclusive of goodwill amortization,
increased during the three months of fiscal year 2001 by $147,941 in comparison
to the same period in the prior year due to the acquisition of Home Finders
Realty. Prior year expenses of $3,661 represent only those expenses of the
Company prior to the acquisition of Home Finders Realty and were incurred when
the Company was considered to be a development stage enterprise. General and
administrative expenses, exclusive of goodwill amortization, increased during
the three months of fiscal year 2001 by $29,264 or 24.7% in comparison to pro
forma general and administrative expenses during the prior period due to the
reorganization of management and the sales and marketing departments, and
increased legal and accounting costs associated with the Company's filings with
the Securities and Exchange Commission. As a result of the use of purchase
method accounting for the acquisition of Home Finders Realty, goodwill of
$996,085 was recorded in fiscal 2000 of which $83,007 was amortized during the
three months ended October 31, 2000.


Management expects expenses will increase throughout the remainder of fiscal
2001 due to continued expansion and hiring of additional realtors and staff to
meet the increased demand for its services. The Company has plans to offer its
services on a private label basis to Real Estate franchise operators across
North America. The volumes of work associated with some of these arrangements
may require the Company to expend significant funds some six months in advance
of revenues on additional personnel, equipment and facilities.



<PAGE>



Item 2.  Management's Discussion and Analysis or Plan of Operations (continued)

Stock based compensation

In August 2000 the Company issued 71,000 shares of common stock, pursuant to the
Company's Stock Bonus Plan; 15,000 shares to an employee and 56,000 shares to a
director, for services rendered. Stock compensation expense for the quarter was
$17,750 for the three months ended October 31, 2000. No stock based compensation
was required to be recorded in the comparative periods.

Liquidity and Capital Resources

The Company had working capital of $38,683 as of October 31, 2000 as compared to
a working capital deficiency of $257,198 as at July 31, 2000. During the
three-months ended October 31, 2000 the Company used cash of $114,794 in its
operations.

During this same period, the Company spent $42,149 on equipment, web site
development and security deposits to expand and upgrade its systems. Cash
required by the Company during the period was generated primarily through the
sale of common stock and warrants.

The Company anticipates funding its working capital requirements with future
revenues and through proceeds of future private placements. The Company will
need to raise additional capital prior to its fiscal year-end to maintain a
positive cash balance. Two private placements raising $300,000 and $170,068 were
completed on October 19, 2000 and are reflected in the first quarter results.
Additional private placements are contemplated, but not assured, before the end
of the fiscal year.

Notwithstanding these issuances, additional capital will be needed to expand the
Company's operations. The Company expects to obtain additional capital through
the private sale of the Company's securities or from borrowings from private
lenders and/or financial institutions. There can be no assurance that the
Company will be successful in obtaining any additional capital required. Should
the Company be unable to obtain additional capital, the Company may be unable to
complete its operations expansion and marketing plans.


CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995

From time to time, the Company will make written and oral forward-looking
statements about matters that involve risk and uncertainties that could cause
actual results to differ materially from projected results.

Many of these factors are beyond the Company's ability to control and predict.
Investors are cautioned not to place undue reliance on forward-looking
statements. The Company disclaims any intent or obligation to update its
forward-looking statements, whether as a result of receiving new information,
the occurrence of future events, or otherwise.



<PAGE>


PART II - OTHER INFORMATION


Item 1.  Legal Proceedings

         None

Item 2.  Changes in Securities

         On August 8, 2000 the Company issued 15,000 common shares to an
         employee and 56,000 common shares to a former director for services
         rendered, pursuant to the Company's stock bonus plan.

         On October 19, 2000, the Company sold 3,133,787 units at a price of
         US$0.15 per unit to two persons. Each unit consists of one common share
         and a one-half non-transferable share purchase warrant. Each whole
         warrant entitles the holder to purchase one additional share at a price
         of US$0.25 if exercised prior to October 19, 2001 and at a price of
         US$0.30 per share if exercised prior to October 19, 2002. The warrants
         expire on October 18, 2002.

         The Company received cash proceeds of $386,305, net of issuance costs,
         for 2,589,569 shares and a promissory note in the amount of $81,633 for
         the remaining 544,218 shares.

         The proceeds from the sale of the units were used to pay outstanding
         debt, including trade accounts payable, and for working capital.

         The Company relied upon the exemption provided by Section 4(2) of the
         Securities Act of 1933 with respect to the sale of the securities
         referred to above. The shares of common stock and the warrants
         described above are restricted securities as that term is defined in
         Rule 144 of the Securities and Exchange Commission.

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 and Reports on Form 8-K

(a) Reports on Form 8-K - October 18, 2000; KPMG LLP appointed as the Company's
auditor.

<PAGE>

                                   SIGNATURES


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

                                    MARKETU INC.



Date:  August 10, 2001              By: /s/ Kenneth Galpin
    --------------------               --------------------------------------
                                        Kenneth Galpin, Director and President


                                    By: /s/ Scott Munro
                                        --------------------------------------
                                        Scott Munro, Principal Financial and
                                        Accounting Officer