UNITED STATES
                        SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                   FORM 10-QSB

                                   (Mark One)
      (X) QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934

               For the quarterly period ended June 30, 2000

                    Commission File Number:  33-23473-NY

                   FOR THE TRANSITION PERIOD FROM      TO N/A

                      COMMISSION FILE NUMBER:   33-23473-NY

                               CYBEROPTICLABS, INC.
             ------------------------------------------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
                         (FORMERLY KNOWN AS VESTEX, INC.)

                        NEVADA	              11-2917728
                ------------------------        ----------------
                (STATE OF INCORPORATION)        (I.R.S. EMPLOYER
                                              IDENTIFICATION NUMBER)

                7 OLD LANTERN ROAD, NORWALK, CONNECTICUT    06851
              ------------------------------------------------------
              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)    (ZIP CODE)

        Registrant's telephone number, including area code:  (203) 846-3848

              Check whether the issuer (1) filed all reports required
         to be filed by Section 13 or 15(d) of the Exchange Act during the
          past 12 months (or for such shorter period that the registrant
         was required to file such reports), and (2) has been subject to
          such filing requirements during the past 90 days. Yes (x) No ( ).

<PAGE>


APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date:

As of June 30, 2000, 4,000,000 shares of common stock were outstanding.

Transitional Small Business Disclosure Format
(Check one): Yes ( ) No (X)

                                      Page 2
<PAGE>


                                TABLE OF CONTENTS

                                                                          Page
                                                                          ----
PART I - FINANCIAL INFORMATION.............................................  4

  Item 1.  Financial Statements
           Condensed Balance Sheets as of June 30, 2000 and
           December 31, 1999...............................................  4

           Condensed Statements of Operations for the Six Months
           Ended June 30, 2000 and 1999....................................  5

           Condensed Statements of Cash Flows for the Six Months
           Ended June 30, 2000 and 1999....................................  6

           Condensed Statements of Stockholder's Equity (Deficit)
           for the Six Months Ended June 30, 2000 and
           January 1, 1999 through December 31, 1999.......................  7

           Notes to Condensed Financial Statements.........................  8

  Item 2.  Management's Discussion And Analysis Of Financial Condition
           And Results Of Operations.......................................  8

PART II - OTHER INFORMATION................................................ 11

  Item 1.  Legal Proceedings............................................... 11

  Item 2.  Changes in Securities and Use of Proceeds....................... 11

  Item 4.  Submission of Matters to a Vote of Security Holders..............11

  Item 5.  Other Information............................................... 11

  Item 6.  Exhibits and Reports on Form 8-K................................ 12


SIGNATURES................................................................. 12
                                      Page 3
<PAGE>


                               CYBEROPTICLABS, INC.

                           (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEETS
                        JUNE 30, 2000 AND DECEMBER 31, 1999
                                    (Unaudited)

                                       ASSETS
<TABLE>
<CAPTION>
                                                   June 30,         December 31,
                                                     2000               1999
                                                 ------------       ------------
<S>                                              <C>                <C>
CURRENT ASSETS:
  Cash                                           $        510       $          -
  Prepaid Expenses                                     29,000             29,000
                                                 ------------       ------------
    Total Current Assets                               29,510             29,000
                                                 ------------       ------------
TOTAL ASSETS                                     $     29,510       $     29,000
                                                 ============       ============

                          LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable                               $     16,610       $      4,772
  Advances from shareholders
    and related parties                                     -              9,528
  Accrued interest payable                                  -                 86
                                                 ------------       ------------

    Total Current Liabilities                          16,610             14,386
                                                 ------------       ------------

STOCKHOLDERS' EQUITY:
  Capital stock, $.001 par value; 100,000,000
    shares authorized; 4,000,000 and 2,725,000
    shares issued and outstanding, at June 30,
    2000 and December 31, 1999, respectively            4,000              2,725
  Additional paid-in capital                          557,132            526,442
  Retained earnings (deficit)                        (500,167)          (500,167)
  Deficit accumulated during the development stage    (48,065)           (14,386)
                                                 ------------       ------------
    Total Stockholders' Equity                         12,900             14,614
                                                 ------------       ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $     29,510       $     29,000
                                                 ============       ============
</TABLE>
                                      Page 4
<PAGE>


                               CYBEROPTICLABS, INC.

                           (A DEVELOPMENT STAGE COMPANY)
                             STATEMENTS OF OPERATIONS
                                    (Unaudited)

<TABLE>
<CAPTION>
                                         For the      For the       For the       For the
                                        Six Months   Six Months   Three Months  Three Months
                                          Ended        Ended         Ended         Ended
                                         June 30,     June 30,      June 30,      June 30,
                                           2000         1999         2000           1999
                                       -----------  -----------    -----------   -----------
<S>                                    <C>          <C>            <C>           <C>
SALES                                  $         -  $         -    $         -   $         -
                                       -----------  -----------    -----------   -----------
EXPENSES:
  General and administrative                33,277            -          5,694             -
  Depreciation and amortization                  -            -              -             -
                                       -----------  -----------    -----------   -----------
TOTAL OPERATING EXPENSES                    33,277            -          5,694             -
                                       -----------  -----------    -----------   -----------
Net (loss) before other items              (33,277)           -         (5,694)            -
                                       -----------  -----------    -----------   -----------
OTHER INCOME (EXPENSE)
  Interest expense                             402            -            172             -
                                       -----------  -----------    -----------   -----------

NET (LOSS) BEFORE TAXES                    (33,679)           -         (5,866)            -

PROVISIONS FOR INCOME TAXES                      -            -              -             -
                                       -----------  -----------    -----------   -----------

NET (LOSS)                             $   (33,679) $         -    $    (5,866)  $         -
                                       ===========  ===========    ===========   ===========
EARNINGS (LOSS) PER SHARE              $     (0.01) $         -    $         -   $         -
                                       ===========  ===========    ===========   ===========
WEIGHTED AVERAGE SHARES
  OUTSTANDING                            3,174,725    2,000,000      3,505,495     2,000,000
                                       ===========  ===========    ===========   ===========
</TABLE>
                                      Page 5
<PAGE>


                               CYBEROPTICLABS, INC.

                           (A DEVELOPMENT STAGE COMPANY)
                             STATEMENTS OF CASH FLOWS
                                    (Unaudited)
<TABLE>
<CAPTION>
                                              For the      For the       For the       For the
                                             Six Months   Six Months   Three Months  Three Months
                                               Ended        Ended         Ended         Ended
                                              June 30,     June 30,      June 30,      June 30,
                                                2000         1999         2000           1999
                                            -----------  -----------    -----------   -----------
<S>                                         <C>          <C>            <C>           <C>
CASH FLOWS FROM OPERATING
 ACTIVITIES:
  Net loss                                  $   (33,679) $         -    $    (5,866)  $         -
Adjustments to reconcile net loss to
  net cash used in  operating activities:
  Depreciation and amortization                       -            -              -             -
  Changes in assets and liabilities:
   Increase in accounts payable and
    accrued liabilities                          11,752            -            627             -
   Increase in advances from shareholder         (9,528)           -        (15,478)            -
                                            -----------  -----------    -----------   -----------
   Net cash used in operating activities        (31,455)           -        (20,717)            -
                                            -----------  -----------    -----------   -----------

CASH FLOWS FROM INVESTING ACTIVITIES:

 Purchase of property and equipment                   -            -              -             -
                                            -----------  -----------    -----------   -----------

  Net cash used in investing activities               -            -              -             -
                                            -----------  -----------    -----------   -----------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from issuance of common stock, net    31,965            -         20,965             -
                                            -----------  -----------    -----------   -----------

    Net cash provided by financing activities    31,965            -         20,965             -
                                            -----------  -----------    -----------   -----------

    Net Increase (decrease) in Cash                 510            -            248             -

CASH AT BEGINNING PERIOD                              -            -            262             -
                                            -----------  -----------    -----------   -----------

CASH AT END OF PERIOD                       $       510  $         -    $       510   $         -
                                            ===========  ===========    ===========   ===========

SUPPLEMENTAL CASH FLOW INFORMATION:
  Interest expense                          $       402  $         -    $       172   $         -
                                            ===========  ===========    ===========   ===========

</TABLE>
                                      Page 6
<PAGE>


                               CYBEROPTICLABS, INC.

                           (A DEVELOPMENT STAGE COMPANY)
                   STATEMENTS OF STOCKHOLDERS' EQUITY/(DEFICIT)

                     FOR THE SIX MONTHS ENDED JUNE 30, 2000
                      AND THE YEAR ENDED DECEMBER 31, 1999
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                          Deficit
                                                                                        Accumulated
                                             Capital Stock      Additional   Retained    During the
                                         --------------------     Paid-in    Earnings/   Development
                                           Shares     Amount      Capital     (Loss)        Stage        Total
                                         ---------  ---------   ----------   ---------   -----------   --------
<S>                                      <C>        <C>         <C>          <C>         <C>           <C>
BALANCE, January 1, 1999                 2,000,000  $   2,000   $  498,167   $(500,167)  $   (10,300)  $(10,300)

Stock issued for contract services,
 December 27, 1999                         725,000        725       28,275           -             -     29,000

Net loss for the year ended
 December 31, 1999                               -          -            -           -        (4,086)    (4,086)
                                         ---------  ---------   ----------   ---------   -----------   --------

BALANCE, December 31, 1999               2,725,000      2,725      526,442    (500,167)      (14,386)    14,614

Stock issued for contract services
 and cash, February 17, 2000               275,000        275       10,725           -             -     11,000

Stock issued for debt conversion
 May 16, 2000                            1,000,000      1,000       19,965           -             -     20,965

Net income/(loss) for the six
 months ended June 30, 2000                      -          -            -           -       (33,679)   (33,679)
                                         ---------  ---------   ----------   ---------   -----------   --------

BALANCE, June 30, 2000                   4,000,000  $   4,000   $  557,132   $(500,167)  $   (48,065)  $ 12,900
                                         =========  =========   ==========   =========   ===========   ========
</TABLE>
                                      Page 7
<PAGE>


                               CYBEROPTICLABS, INC.

                    NOTES TO CONDENSED FINANCIAL STATEMENTS
                                 JUNE 30, 2000

                                  (UNAUDITED)

1.	The unaudited condensed financial statements printed herein have been
prepared in accordance with the instructions to Form 10-QSB and do not
include all of the information and disclosures required by generally
accepted accounting principles.  Therefore, these financial statements
should be read in conjunction with the financial statements and related
footnotes included in the Company's Form 1O-KSB for the most recent year-
end. These financial statements reflect all adjustments that are, in the
opinion of management, necessary to fairly state the results for the interim
periods reported.

2.	The results of operations for the six months ended June 30, 2000 are
not necessarily indicative of the results to be expected for the full year.

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
	   CONDITION AND RESULTS OF OPERATIONS

INTRODUCTION

The character and holdings of the Company has changed substantially since the
last Form 10-QSB filed.  Since February 26, 1992 when the Company ceased its
previous operations, the Company has been in a dormant state and re-entered the
development stage seeking to find a new business activity that would yield
profitable operations for the Company.

Currently, the Company has certain commitments from two shareholders to loan
the Company enough money to sustain operations.  However, in order to fund any
activities that may be acquired by the Company, the Company expects that it
will have to either borrow or seek additional monies through a registration
of newly issued shares of common stock of the Company.  The Company is seeking
additional monies to meet its current operating deficit and other obligations
until it determines what the future activities of the Company will be and
any capital requirements from such acquisitions.

The Company's plan is to seek, investigate and acquire an interest in one or
more business opportunities that the Company believes has potential for
successful development.

The readers of the current unaudited statements are referred to the Company's
Annual Report for a more in-depth view of the Company's financial position,
results of operations and changes in cash flows. Accordingly, management's
discussion as set forth below focuses primarily on the quarter ended June 30,
2000.
                                      Page 8
<PAGE>


LIQUIDITY

During the three months ended June 30, 2000, the Company's working capital
increased by approximately $15,099.  This was mainly due to the conversion of
debt and accrued interest into common stock in the amount of $20,965.  The
Company does not currently have sufficient capital in its accounts, nor
sufficient firm commitments for capital to assure its ability to meet its
current obligations or to continue its planned operations.  The Company is
continuing to pursue working capital and additional revenue through new
business acquisitions, but there is no assurance that any of the planned
activities or acquisitions will be successful.  The Company is currently
borrowing certain monies to maintain its activities from the officers,
directors and shareholders of the Company to meet its obligations.

The Company has entered into a letter of intent with Geils Ventures, LLC.
Under the terms of the letter of intent there are material contingencies
to the letter of intent.  There can be no assurance a definitive agreement
will be entered or that a final deal will be closed.

CAPITAL RESOURCES

As a result of its limited liquidity, the Company has limited access to
additional capital resources.  The Company does not have the capital to
totally fund the obligations that have matured or debts that remain currently
payable or other debts incurred during the most recent quarter ended June 30,
2000.

The Company currently has been funded by certain entities and related
individuals.  These entities and individuals have limited capital that they
can lend to the Company to meet its current obligations and fund any operating
losses.  The current management of the Company is seeking additional private
financing from certain outside parties to continue to pursue the business
activities of the Company.  Though the obtaining of the additional capital
is not guaranteed, the management of the company believes it will be able to
obtain the capital required to meet its current obligations and pursue its
business activities.

The Company through the sale of shares of its common stock is trying to
raise the capital at around $1.00 per share.  At this time, there is no
commitment for any funds.

PLAN OF OPERATIONS

The Company is a development stage corporation, with planned operations to
engage in the business of seeking a potential business acquisition or other
business opportunities should they arise.

The Company has financed its previous operations through the sale of its
securities and incurring debt and other vendor financing.  The Company will
have to seek additional outside financing due to the losses incurred in its
operations, and with no current business activities, operations will not
provide any cash flows to continue its business activities.

                                      Page 9
<PAGE>


During the next twelve months, the Company plans to satisfy its cash
requirements by additional equity financing through the above mentioned private
placement.  There can be no assurance that the Company will be successful in
raising additional equity financing during this period.  If the Company is not
able to raise equity capital, it will be able to satisfy its cash requirements
for the next twelve months by contributions or loans from its officers and
directors, or affiliated entities that they may have some control or influence.
The Company has undertaken the private placement mentioned above of its common
stock in order to raise future development and operating capital. The Company
depends upon capital to be derived from future financing activities such as
subsequent offerings of its stock.  There can be no assurance that the
Company will be successful in raising the capital it requires unless the
Company identifies and acquires a new business activity.

The Company is still considered to be a development stage company, with no
significant revenue, and is dependent upon the raising of capital through
placement of its common stock.  There can be no assurance that the Company
will be successful in raising the capital it requires through the sale of
its common stock.

There are no contemplated product research and development costs the Company
will perform for the next twelve months.  There is no expected purchase or
sale of any plant or significant equipment, and there are no expected
significant changes in the number of employees contemplated.  The Company
has no current material commitments.

FORWARD-LOOKING STATEMENTS

The statements in this Form 10-QSB that are not historical facts or statements
of current status are forward-looking statements (as defined in the Private
Securities Litigation Reform Act of 1995) that involve risks and uncertainties.
Actual results may differ materially.

                                    Page 10
<PAGE>


PART II - OTHER INFORMATION

Item 1.  Legal Proceedings

None

Item 2.  Changes in Securities and Use of Proceeds

Following is a summary of sales of unregistered securities for the three months
ended June 30, 2000.  All securities were issued as restricted common shares.
In addition, officers, directors and more than 10% shareholders are further
restricted in the ability to sell such shares.  There have been no underwriters
of these securities and no commission or underwriting discounts have been paid.

<TABLE>
<CAPTION>
                                                    Shares            Value
Transaction Description                             Issued          Received
-----------------------                             ------          --------
<S>                                                 <C>             <C>
Conversion of debt for common stock                 1,000,000       $20,965
</TABLE>

The above transactions qualified for exemption from registration under Sections
3(b) or 4(2)of the Securities Act of 1933.  Private placements for cash were
non-public transactions.  The Company believes that all such investors are
either accredited or, either alone or with their purchaser representative, has
such knowledge and experience in financial and business matters that they are
capable of evaluating the merits and risks of the prospective investment.

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

None

Item 5.  Other Information

The Company has converted debt to common stock from certain shareholders who
have loaned monies to the Company into 1,000,000 shares of the post-
split common stock.  The conversion price is higher than the bid price
of the common stock at such time the loans were made, but substantially less
than the low bid price of the common stock in the last quarter.  The
shareholders are the W.B. Growth Fund and Jennifer Wong.  Both Shareholders
are related through family to the Company's officers and directors and
principal shareholders. The conversion price represents a slight increase
over the Company's bid price at the time the loans were made.  Although
the Company believes the conversion price is fair, the related party nature
can be perceived as non-arms length.
                                      Page 11
<PAGE>


Item 6.  Exhibits and Reports on Form 8-K

None

SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act, the
registrant has duly caused this report to be signed by the undersigned,
"hereunto duly authorized".

Cyberopticlabs, Inc.
(Registrant)

/s/ C.T. YEH            August 10, 2000
    --------            ---------------
    C.T. Yeh     	      Date
    President/Director

/s/ IVAN WONG           August 10, 2000
    ---------           ---------------
    Ivan Wong           Date
    Secretary/Director