FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

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

For the quarter ended September 30, 1999

                        Commission file number: 33-24536

                         EXPRESS CAPITAL CONCEPTS, INC.
                 (Name of Small Business Issuer in its charter)


            Delaware                                              84-1107140
            --------                                              ----------
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                       26 West Dry Creek Circle, Suite 600
                            Littleton, Colorado 80120
                            -------------------------
                    (Address of principal executive offices)
                                   (Zip Code)

                                 (303) 794-9450
                                 --------------
                (Issuer's telephone number, including area code)

Indicate by check mark 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 during
the  preceding 12 months (or for such shorter  periods that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                                  Yes ___  No X

                      APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practical date.

Common Stock, $.0001 Par Value, 20,000,000 shares as of December 15, 1999.

<PAGE>


PART I.  FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS


                  EXPRESS CAPITAL CONCEPTS, INC. AND SUBSIDIARY
                 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET
                               SEPTEMBER 30, 1999



                                     ASSETS
                                     ------

Current Assets:
  Cash and cash equivalents                                           $     336
                                                                      ---------

     Total Assets                                                     $     336
                                                                      =========



                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
                 ----------------------------------------------


Current Liabilities:
  Accounts payable - trade                                            $   2,039
  Notes payable - stockholders                                          137,568
  Accrued interest - stockholders                                        54,770
                                                                      ---------

     Total Current Liabilities                                          194,377
                                                                      ---------

Stockholders' Equity (Deficit):
  Preferred stock:  $.0001 par value, 10,000,000 shares
   authorized, none issued or outstanding                                  --
  Common stock:  $.0001 par value, 500,000,000 shares
   authorized, 20,000,000 shares issued and outstanding                   2,000
  Additional paid in capital                                             27,618
  Accumulated deficit                                                  (223,659)
                                                                      ---------

     Total Stockholders' Equity (Deficit)                              (194,041)
                                                                      ---------

     Total Liabilities and Stockholders' Equity (Deficit)             $     336
                                                                      =========



                        See notes to unaudited condensed
                       consolidated financial statements.

<PAGE>
<TABLE>
<CAPTION>


                               EXPRESS CAPITAL CONCEPTS, INC. AND SUBSIDIARY
                         UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                      FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 1999 AND 1998


                                            Three Months Ended September 30,  Nine Months Ended September 30,
                                            --------------------------------  -------------------------------
                                                  1999            1998             1999            1998
                                                  ----            ----             ----            ----
<S>                                           <C>             <C>             <C>             <C>
Revenue                                       $       --      $       --      $       --      $       --

Operating expenses                                  10,259          31,280          25,620          43,956
                                              ------------    ------------    ------------    ------------

   Loss From Operations                            (10,259)        (31,280)        (25,620)        (43,956)
                                              ------------    ------------    ------------    ------------

Other Income (Expense):
  Interest expense - stockholders                   (4,081)         (3,780)        (11,289)         (7,082)
                                              ------------    ------------    ------------    ------------

   Total Other Income (Expense)                     (4,081)         (3,780)        (11,289)         (7,082)
                                              ------------    ------------    ------------    ------------

   Income (Loss) Before Cumulative
     Effect of Change in Accounting
     Principle                                     (14,340)        (35,060)        (36,909)        (51,038)

Cumulative effect on prior periods
  of expensing organization costs
  as incurred                                         --              --              (887)           --
                                              ------------    ------------    ------------    ------------

     Net Income (Loss)                        $    (14,340)   $    (35,060)   $    (37,796)   $    (51,038)
                                              ============    ============    ============    ============

Net Income (Loss) Per Basic and
  Diluted Share of Common Stock:
     Income (loss) before cumulative effect
       of change in accounting principle      $       --      $       --      $       --      $       --
     Cumulative effect on prior periods of
       expensing organization costs as
       incurred                                       --              --              --              --
                                              ------------    ------------    ------------    ------------

     Net Income (Loss)                        $       --      $       --      $       --      $       --
                                              ============    ============    ============    ============

Weighted Average Number of Basic and
  Diluted Common Shares Outstanding             20,000,000      20,000,000      20,000,000      20,000,000

Proforma Amounts Assuming Change in
  Accounting Principle is Retroactively
  Applied:
     Net income (loss)                        $    (14,340)   $    (34,998)   $    (36,909)   $    (50,854)
     Net income (loss) per Basic and
       Diluted share of common stock          $       --      $       --      $       --      $       --



                                     See notes to unaudited condensed
                                    consolidated financial statements.


</TABLE>
<PAGE>
<TABLE>
<CAPTION>


                  EXPRESS CAPITAL CONCEPTS, INC. AND SUBSIDIARY
            UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
              FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999 AND 1998


                                                      Nine Months Ended September 30,
                                                      -------------------------------
                                                             1999         1998
                                                             ----         ----
<S>                                                        <C>         <C>
Cash Flows From Operating Activities:
  Net income (loss)                                        $(37,796)   $(51,038)
  Adjustments to reconcile net income (loss) to net
   cash (used) by operating activities:
   Amortization                                                --           184
   Cumulative effect on prior periods of expensing
    organization costs as incurred                              887        --
   Changes in assets and liabilities:
    (Decrease) in accounts payable                             (215)     (2,814)
    Increase in accrued interest                             11,289       7,082
                                                           --------    --------

       Net Cash (Used) By Operating Activities              (25,835)    (46,586)
                                                           --------    --------

Cash Flows From Financing Activities:
  Proceeds from stockholder loans                            25,750      49,400
                                                           --------    --------

       Net Cash Provided By Financing Activities             25,750      49,400
                                                           --------    --------

       Net Increase (Decrease) in Cash and Cash
        Equivalents                                             (85)      2,814

       Cash and Cash Equivalents at Beginning
        of Period                                               421         325
                                                           --------    --------

       Cash and Cash Equivalents at End of Period          $    336    $  3,139
                                                           ========    ========

Supplemental Disclosure of Cash Flow Information:
  Cash paid during the period for:
   Interest                                                $   --      $   --
   Income taxes                                                --          --



                        See notes to unaudited condensed
                       consolidated financial statements.

</TABLE>
<PAGE>


                  EXPRESS CAPITAL CONCEPTS INC. AND SUBSIDIARY
         NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


Basis of Presentation

The accompanying  financial information of the Company is prepared in accordance
with the rules prescribed for filing condensed interim financial statements and,
accordingly, does not include all disclosures that may be necessary for complete
financial  statements  prepared in accordance with generally accepted accounting
principles.  The disclosures presented are sufficient,  in management's opinion,
to make the interim  information  presented  not  misleading.  All  adjustments,
consisting of normal  recurring  adjustments,  which are necessary so as to make
the interim  information not misleading,  have been made.  Results of operations
for the nine months ended September 30, 1999 are not  necessarily  indicative of
results of  operations  that may be expected  for the year ending  December  31,
1999.  It is  recommended  that  this  financial  information  be read  with the
complete financial statements included in the Company's  Registration  Statement
on Form S-4 previously filed with the Securities and Exchange Commission.

Per Share Information

As of December 31, 1997, the Company adopted  Statement of Financial  Accounting
Standards  (SFAS) No. 128,  "Earnings Per Share," which  specifies the method of
computation,  presentation  and disclosure for earnings per share.  SFAS No. 128
requires the presentation of two earnings per share amounts, basic and diluted.

Basic earnings per share is calculated using the average number of common shares
outstanding.  Diluted earnings per share is computed on the basis of the average
number of common  shares  outstanding  plus the dilutive  effect of  outstanding
stock options using the "treasury stock" method.

The basic and diluted  earnings  per share are the same  because the Company did
not have any outstanding stock options during the periods presented.

Proposed Merger

The Company has entered into an Agreement and Plan of Merger and  Reorganization
(the "Agreement") with Greystone Technology, Inc. ("Greystone"). Under the terms
of the  Agreement  the Company will issue shares of its common stock in exchange
for all of the issued and  outstanding  stock of  Greystone on a share for share
basis.  Immediately  after the exchange it is anticipated  that the ownership of
the Company will be  approximately  97% by existing  Greystone  stockholders and
approximately  3% by  existing  Express  stockholders.  Prior to the closing the
Company  plans  to  effect  a  reverse  stock  split  reducing  its  issued  and
outstanding  common shares to approximately  480,000.  In addition,  the Company
plans to amend  and  restate  its  Certificate  of  Incorporation  reducing  its
authorized  common stock and preferred stock to 30,000,000  shares and 3,000,000
shares, respectively.  The par value of the Company's common stock and preferred
stock will be increased from $.0001 per share to $.001 per share.

     In  connection  with  the  Company's  proposed  merger  with  Greystone,  a
Registration  Statement on Form S-4 was filed with the  Securities  and Exchange
Commission ("SEC"). The Registration Statement was declared effective by the SEC
on November 12, 1999.  The merger with  Greystone is expected to be completed by
the end of 1999.


<PAGE>


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

     In reviewing the following discussion, reference is made to Express Capital
Concepts, Inc.'s (the "Company") financial statements included elsewhere herein.

     Since January 1, 1995, the Company has not had any operating revenues.

     The Company's operating expenses and its other income (expense) have varied
significantly  during its fiscal years ending  December 31, 1996,  1997 and 1998
and for the nine months  ended  September  30, 1999 and 1998.  These  variations
occurred  primarily  because the  Company's  ongoing  efforts to find a business
combination involved different  activities during the different periods.  During
1995,  the Company  entered into a letter of intent for a business  combination,
and  incurred  $14,736  of  related  expenses.  When that  letter of intent  was
terminated during 1996, the Company was reimbursed for its 1995 expenses and was
issued stock of the other party to the proposed business combination.  The stock
was recorded as 1996 other income at $33,962, its value when received.

     The  Company  transferred  the  stock  to  its  President  and  one  of its
stockholders  in 1997.  At the time of  transfer  the stock had  appreciated  by
$139,619,  and the  appreciation  was recorded as other  income.  The  transfers
satisfied $16,981 of debt owed to each of the recipients and compensated each of
them in the  amount  of  $69,809.50.  The  $139,619  total  compensation  was an
operating expense in 1997.

     During 1997 and 1998, and for the nine months ended September 30, 1999, the
Company incurred  expenses in connection with the proposed merger with GreyStone
Technology,  Incorporated  ("Greystone") in the amounts of $16,893,  $48,681 and
$14,750, respectively. These expenses were recorded as operating expenses.

     The  Company  has  entered  into  an  Agreement  and  Plan  of  Merger  and
Reorganization  (the  "Agreement")  with  Greystone.  Under  the  terms  of  the
Agreement  the Company will issue shares of its common stock in exchange for all
of the issued and  outstanding  stock of  Greystone  on a share for share basis.
Immediately  after the  exchange it is  anticipated  that the  ownership  of the
Company  will  be  approximately  97% by  existing  Greystone  stockholders  and
approximately  3% by  existing  Express  stockholders.  Prior to the closing the
Company  plans  to  effect  a  reverse  stock  split  reducing  its  issued  and
outstanding  common shares to approximately  480,000.  In addition,  the Company
plans to amend  and  restate  its  Certificate  of  Incorporation  reducing  its
authorized  common stock and preferred stock to 30,000,000  shares and 3,000,000
shares, respectively.  The par value of the Company's common stock and preferred
stock will be  increased  from  $.0001 per share to $.001 per share.

     In  connection  with  the  Company's   proposed  merger  with  Greystone  a
Registration  Statement on Form S-4 was filed with the  Securities  and Exchange
Commission ("SEC"). The Registration Statement was declared effective by the SEC
on November 12, 1999.  The merger with  Greystone is expected to be completed by
the end of 1999.

     The  Company  does not have  sufficient  funds,  assuming  that a  business
combination  is  not  consummated,  to  operate.  The  Company  has  funded  its
activities primarily by borrowing from its two largest  shareholders.  This debt
shall be forgiven in connection with the foregoing merger.

     PART II. OTHER INFORMATION

     ITEM 1. Legal proceedings

     None.

     ITEM 2. Changes in securities

     None.

<PAGE>


     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

     Reports on Form 8-K:  During the three months  covered by this report,  the
Company filed no reports on form 8-K.

                                   SIGNATURES


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

Date: December 20, 1999                        Express Capital Concepts, Inc.
                                               ------------------------------
                                                        (Registrant)


                                               /s/ Earnest Mathis, Jr.
                                               -----------------------
                                               Earnest Mathis, Jr.
                                               President
                                               Chief Financial Officer
                                               (Principal Accounting Officer),
                                               and Director