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


                                   FORM 10-QSB


[x] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
                                      1934
                 For the quarterly period ended: March 31, 2000
                                                 --------------

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
         For the transition period from _________ to __________

                          Commission file number 1-8601
                                                 ------

                           CREDITRISKMONITOR.COM, INC.
-------------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

            Nevada                                        36-2972588
-------------------------------------------------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

                         110 Jericho Turnpike, Suite 202
                           Floral Park, New York 11001
-------------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (516) 620-5400
-------------------------------------------------------------------------------
                           (Issuer's telephone number)

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section  13 or 15(d) of the  Securities  and  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.
                                 Yes [x] No [ ]


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                     PROCEEDINGS DURING THE PAST FIVE YEARS

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Sections 12, 13 or 15(d) of the Exchange Act after the  distribution of
securities under a plan confirmed by a court.
                                                            Yes [ ] No [ ]


                      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 practical date:

Common stock $.01 par value -- 5,341,129 shares outstanding as of May 4, 2000.
-------------------------------------------------------------------------------

Transitional Small Business Disclosure Format (check one):  Yes [ ]   No [x]

<PAGE>


                  CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
                                      INDEX



                                                                            Page
                                                                            ----
PART I. FINANCIAL INFORMATION

     Item 1. Financial Statements

         Consolidated Balance Sheets - March 31, 2000 (Unaudited)
         and December 31, 1999 (Audited)......................................3

         Consolidated Statements of Operations for the Three Months
         Ended March 31, 2000 and 1999 (Unaudited)............................4

         Consolidated Statements of Cash Flows for the Three Months
         Ended March 31, 2000 and 1999 (Unaudited)............................5

         Condensed Notes to Consolidated Financial Statements.................6

     Item 2. Management's Discussion and Analysis of Financial Condition
         and Results of Operations............................................8


PART II. OTHER INFORMATION

     Item 6. Exhibits and Reports on Form 8-K................................11


SIGNATURES...................................................................12

                                      -2-

<PAGE>


PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

                  CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS
                      MARCH 31, 2000 AND DECEMBER 31, 1999

<TABLE>
<CAPTION>

                                                                                  March 31,           Dec. 31,
                                                                                     2000               1999
                                                                                     ----               ----
                                                                                  (Unaudited)         (Audited)

ASSETS
<S>                                                                          <C>               <C>
Current assets:
     Cash and cash equivalents                                                $     1,436,914   $      1,421,885
     Accounts receivable, net of allowance of $32,500
         and $32,500, respectively                                                    460,908            575,048
     Other                                                                             25,891             15,798
                                                                              ---------------   ----------------

         Total current assets                                                       1,923,713          2,012,731

Property and equipment, net of accumulated
     depreciation of $85,255 and $61,771, respectively                                335,162            316,999
Goodwill, net of accumulated amortization                                           2,154,673          2,183,275
Other assets                                                                           34,827             21,075
                                                                             ----------------   ----------------

         Total assets                                                         $     4,448,375   $      4,534,080
                                                                              ===============   ================


LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
     Unearned subscription income                                             $     1,407,831   $      1,263,145
     Deferred advertising revenue                                                      16,725                 -
     Accrued expenses                                                                  67,773             55,598
     Accounts payable                                                                  28,798             23,388
     Current portion of capitalized lease obligation                                    4,173              4,070
     Other                                                                             29,970             41,768
                                                                              ---------------   ----------------

         Total current liabilities                                                  1,555,270          1,387,969

Long-term debt, net of current portion:
     Secured promissory note, net of unamortized discount
         of $147,190 and $167,643, respectively                                       852,810            832,357
     Expense promissory note                                                          108,358            106,087
     Capitalized lease obligation                                                      18,908             19,990
                                                                              ---------------   ----------------
                                                                                      980,076            958,434
Deferred rent                                                                           1,402                467
Deferred compensation                                                                 108,750             86,250
                                                                              ---------------   ----------------

         Total liabilities                                                          2,645,498          2,433,120

Stockholders' equity:
     Common stock                                                                      53,411             53,411
     Additional paid-in capital                                                    27,192,567         27,192,567
     Accumulated deficit                                                          (25,443,101)       (25,145,018)
                                                                              ---------------   ----------------

         Total stockholders' equity                                                 1,802,877          2,100,960
                                                                              ---------------   ----------------

         Total liabilities and stockholders' equity                           $     4,448,375   $      4,534,080
                                                                              ===============   ================

</TABLE>

     See accompanying condensed notes to consolidated financial statements.

                                      -3-

<PAGE>


                  CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS
               FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND 1999
                                   (Unaudited)

<TABLE>
<CAPTION>

                                                                                     2000               1999
                                                                                     ----               ----

<S>                                                                             <C>             <C>
Operating revenues                                                              $     427,344   $        274,639

Operating expenses:
     Data and product costs                                                           184,027            130,078
     Selling, general and administrative expenses                                     484,865            344,920
     Depreciation and amortization                                                     52,086             28,233
                                                                                --------------   ----------------

         Total operating expenses                                                     720,978            503,231
                                                                                --------------   ----------------

Loss from operations                                                                 (293,634)          (228,592)
Other income                                                                           21,902             21,115
Interest expense                                                                      (23,331)           (16,901)
Write-off of intangible assets                                                              -           (134,076)
                                                                                --------------    ---------------

Loss before income taxes                                                             (295,063)          (358,454)
Provision for income taxes                                                              3,020                 -
                                                                                --------------    ---------------

Net loss                                                                        $    (298,083)  $       (358,454)
                                                                                ==============    ===============

Net loss per share of common stock:

     Basic                                                                      $       (0.06)  $          (0.07)
                                                                                ==============    ===============

     Diluted                                                                    $       (0.06)  $          (0.07)
                                                                                ==============    ===============

Weighted average number of common shares outstanding:

     Basic                                                                          5,341,129          5,300,129
                                                                                ==============    ===============

     Diluted                                                                        5,341,129          5,300,129
                                                                                ==============    ===============
</TABLE>


     See accompanying condensed notes to consolidated financial statements.

                                      -4-

<PAGE>


                  CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
               FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND 1999
                                   (Unaudited)

<TABLE>
<CAPTION>

                                                                                     2000               1999
                                                                                     ----               ----

Cash flows from operating activities:
<S>                                                                             <C>             <C>
     Net loss                                                                   $    (298,083)  $       (358,454)
     Adjustments to reconcile net loss to net cash
         provided by operations:
              Goodwill amortization                                                    28,602             19,068
              Depreciation                                                             23,484              9,165
              Write-off of intangible assets                                               -             134,076
              Deferred compensation                                                    22,500             18,750
              Amortization of debt discount                                            20,453             15,505
              Deferred interest expense                                                 2,271              1,396
              Deferred rent                                                               935                 -
     Changes in operating assets and  liabilities,
         net of effect of purchase of assets from Market Guide Inc.:
              Accounts receivable                                                     114,140             35,786
              Other current assets                                                    (10,093)           (11,724)
              Unearned subscription income                                            144,686             57,699
              Deferred advertising revenue                                             16,725                 -
              Accounts payable                                                          5,410             47,709
              Accrued expenses                                                         12,175             34,373
              Other current liabilities                                               (11,798)            (1,573)
                                                                              ---------------   ----------------

Net cash provided by operating activities                                              71,407              1,776
                                                                              ---------------   ----------------

Cash flows from investing activities:
     Purchase of assets from Market Guide Inc.,
         net of debt issued                                                                -          (1,273,547)
     Purchase of fixed assets                                                         (41,647)           (19,639)
     Increase in other assets                                                         (13,752)            (6,573)
                                                                              ---------------   ----------------

Net cash used in investing activities                                                 (55,399)        (1,299,759)
                                                                              ---------------   ----------------

Cash flows from financing activities:
     Proceeds from private offering, net of
         offering expenses                                                                 -           3,193,053
     Payments on capital lease obligation                                                (979)                -
                                                                              ---------------   ----------------

Net cash provided by (used in) financing activities                                      (979)         3,193,053
                                                                              ---------------   ----------------

Net increase in cash and cash equivalents                                              15,029          1,895,070

Cash and cash equivalents at beginning of
     period                                                                         1,421,885             13,400
                                                                              ---------------   ----------------

Cash and cash equivalents at end of period                                    $     1,436,914   $      1,908,470
                                                                              ===============   ================
</TABLE>


     See accompanying condensed notes to consolidated financial statements.

                                      -5-

<PAGE>


                  CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
              CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)


(1) Basis of Presentation

The consolidated  financial statements included herein have been prepared by the
Company,  without audit, pursuant to the rules and regulations of the Securities
and Exchange  Commission.  Certain information and footnote disclosures normally
included  in  consolidated  financial  statements  prepared in  accordance  with
generally accepted accounting principles have been condensed or omitted pursuant
to  such  rules  and  regulations,   although  the  Company  believes  that  the
disclosures are adequate to make the information presented not misleading. These
consolidated  financial  statements  should  be read  in  conjunction  with  the
consolidated  financial statements and the notes thereto in the Company's annual
report on Form 10-KSB for the year ended December 31, 1999.

In the opinion of management,  the unaudited  consolidated  financial statements
reflect all adjustments  (consisting of normal  recurring  accruals)  considered
necessary to present  fairly the  Company's  financial  position as of March 31,
2000 and the results of its  operations  and its cash flows for the three months
ended March 31, 2000 and 1999.

Results  of  operations  for the  three  months  ended  March  31,  2000 are not
necessarily indicative of the results of a full year.

Certain  prior year amounts have been  reclassified  to conform with the current
year presentation.

(2) Purchase of CreditRisk Monitor and Capital Transactions

In September 1998, the Company  entered into an option  agreement (the "Purchase
Option")  to  purchase  the  assets of the  CreditRisk  Monitor  ("CRM")  credit
information  service from Market Guide Inc.  ("MGI").  CRM is an Internet  based
service  providing credit reports to corporate  personnel on retailing and other
companies  incorporating  MGI developed  financial  information,  peer and trend
analysis,  news, and other vital  information.  The Company paid $60,000 for the
Purchase Option in addition to paid and accrued legal fees totaling $55,000.  On
December 29, 1998,  the Company  notified MGI of its  intention to exercise this
Purchase Option, which was consummated on January 19, 1999.

On January 19, 1999, the Company  exercised its option to purchase the assets of
CRM. The assets purchased included customer contracts,  receivables,  equipment,
software,  and  intangibles.  The net present  value of the  purchase  price was
approximately  $2.15  million  (inclusive  of the $60,000  paid for the Purchase
Option in September  1998),  of which $1.23  million was paid at closing and the
balance is represented by two secured  promissory  notes (one for  approximately
$100,000 and the other for $760,000, net of $240,000 discount). These promissory
notes  provide for the deferral of principal  amortization  until  February 2001
(for the $100,000  note which bears  interest at 8.5 percent) and July 2001 (for
the $1.0 million  note which bears  interest at 6 percent),  respectively.  Both
notes are then  payable  over 24 months and are secured by the assets  purchased
and  substantially  all  other  assets of the  Company.  The $1.0  million  note
provides for no interest  through June 30,

                                      -6-

<PAGE>


2001,  while the other note  provides  for the  deferral of interest  until debt
servicing commences.

Concurrently,  the Company  completed a private placement of 1,300,000 shares of
its common stock to approximately 25 "accredited  investors" at a purchase price
of $2.50 per share, for gross proceeds of $3.25 million.  The proceeds from this
offering  were used to finance the cash portion of the CRM  acquisition  and the
remainder will be used for future working capital needs.  These  securities were
subsequently  registered  under a  Registration  Statement on Form SB-2 declared
effective by the Securities and Exchange Commission on May 17, 1999.

In anticipation of the exercise of the Purchase  Option,  in November 1998, Flum
Partners,  a related party,  provided the Company with a line of credit of up to
$20,000 of which only $5,500 was drawn upon and, in consideration  thereof,  the
Company  agreed to issue to Flum  Partners  2,000 shares of common  stock.  As a
participant in the private placement,  Flum Partners purchased 160,000 shares of
common  stock.  In  addition,  as a  condition  to the private  placement,  Flum
Partners agreed to convert all of its 1,100,000 shares of senior preferred stock
into 3,598,299  shares of common stock on or prior to the closing of the private
placement. This conversion was effected as of January 19, 1999.

This  acquisition  was  accounted for using the purchase  method of  accounting.
Accordingly,  a portion of the purchase  price was allocated to net tangible and
intangible  assets acquired based on their estimated fair values.  A portion was
also  allocated to in-process  research and  development  projects that have not
reached technological  feasibility and have no probable alternative future uses.
This amount ($134,076) was written-off in the first quarter of 1999. The balance
of the purchase price was recorded as goodwill,  and is being  amortized over 20
years.

(3) Net Income (Loss) Per Share

Income  (loss)  per share is  computed  under the  provisions  of  Statement  of
Financial  Accounting Standards ("SFAS") No. 128, "Earnings Per Share." SFAS No.
128 requires the dual  presentation  of basic and diluted EPS on the face of the
statement  of income.  Basic EPS  excludes  dilution and is computed by dividing
income available to common shareholders by the weighted average number of common
shares  outstanding for the period.  Diluted EPS reflects the potential dilution
that could occur if  securities  or other  contracts  to issue common stock were
exercised or converted into common stock.

                                      -7-

<PAGE>


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


Results of Operations

     In January 1999,  the Company  acquired the assets of the CRM and commenced
operations.  Accordingly,  the three month periods ended March 31, 2000 and 1999
reflect  the  operating  results of the  Company's  credit  information  service
business.  This business began selling its product in April 1997 and is still in
its early stages of development.

     Operating  revenues for the first  quarter of fiscal 2000  increased 56% to
$427,344 compared to $274,639 for the first quarter of fiscal 1999. The increase
in  operating  revenue  was  primarily  due  to an  increase  in the  number  of
subscribers to the Company's subscription service and the selling of advertising
space on its web site during the first quarter of fiscal 2000.

     Data and product  costs for the first  quarter of fiscal 2000 was  $184,027
compared to $130,078 for the first quarter of fiscal 1999.  The dollar  increase
was  primarily  due to higher  salary and related  employee  benefits  due to an
increase in  headcount.  The Company  added  personnel  to deliver its  expanded
product  line,  the  Company is  currently  tracking  in excess of 8,500  public
companies  versus  less than 600  companies  at the end of the first  quarter of
fiscal  1999.  Data and product  costs as a  percentage  of  operating  revenues
decreased  to 43% in the  first  quarter  of  fiscal  2000 from 47% in the first
quarter of fiscal 1999.

     For the first quarter of fiscal 2000,  selling,  general and administrative
expenses  were  $484,865  or 113% of  operating  revenues,  compared to $344,920
million or 126% of revenues  for the first  quarter of fiscal  1999.  The dollar
increase  from the first quarter of fiscal 1999 was primarily due to an increase
in headcount as the Company has added salespeople and customer support personnel
over the past 12 months.

     Depreciation and amortization increased to $52,086 for the first quarter of
fiscal 2000 compared to $28,233 for the first quarter of fiscal 1999,  primarily
due to higher  depreciation  expense  related  to the  acquisition  of  computer
equipment and other fixed assets during the last 12 months.

     The Company  incurred a net loss of  $298,083  and  $358,454  for the three
months ended March 31, 2000 and 1999, respectively.  Included in the results for
the three months ended March 31, 1999 is a write-off of $134,076  representing a
portion of the purchase  price paid for the CRM assets  allocated to  in-process
research  and   development   projects  that  have  not  reached   technological
feasibility and have no probable alternative future uses.

     The Company over time  intends to expand its  operations  by expanding  the
breadth and depth of its product and service  offerings and the  introduction of
new or complementary products.  Gross margins attributable to new business areas
may be  lower  than  those  associated  with  the  Company's  existing  business
activities.

     As a result of the  Company's  limited  operating  history and the emerging
nature of the market in which it competes,  the Company is unable to  accurately
forecast its revenues. The Company's current and future expense levels are based
largely on its  investment  plans and estimates of future

                                      -8-

<PAGE>


revenues and are to a large extent fixed.  Sales and operating results generally
depend on the volume of,  timing of and ability to sign new  subscribers,  which
are  difficult  to forecast.  The Company may be unable to adjust  spending in a
timely manner to compensate for any unexpected revenue  shortfall.  Accordingly,
any  significant  shortfall  in revenues in  relation to the  Company's  planned
expenditures  would have an immediate adverse effect on the Company's  business,
prospects,  financial  condition  and  results  of  operations.  Further,  as  a
strategic  response to changes in the competitive  environment,  the Company may
from  time to time make  certain  pricing,  purchasing,  service,  marketing  or
acquisition decisions that could have a material adverse effect on its business,
prospects, financial condition and results of operations.

     Factors that may adversely affect the Company's quarterly operating results
include, among others: (i) the Company's ability to retain existing subscribers,
attract new subscribers at a steady rate and maintain  subscriber  satisfaction,
(ii) the development,  announcement or introduction of new services and products
by the Company and its competitors, (iii) price competition, (iv) the increasing
acceptance of the Internet for the purchase of credit  information  such as that
offered by the  Company,  (v) the  Company's  ability to upgrade and develop its
systems and infrastructure,  (vi) the Company's ability to attract new personnel
in a timely  and  effective  manner,  (vii)  the  Company's  ability  to  manage
effectively  the  broadening  of its product to encompass  additional  companies
monitored and the development of new products,  (viii) the Company's  ability to
successfully  manage the integration of third-party data into its Internet site,
(ix) technical  difficulties,  system  downtime or Internet  brownouts,  (x) the
amount  and timing of  operating  costs and  capital  expenditures  relating  to
expansion of the Company's  business,  operations and  infrastructure,  and (xi)
general economic conditions and economic conditions specific to the Internet and
the credit information industry.

Liquidity and Capital Resources

     During 1998 the Company  located,  investigated and negotiated the purchase
of the CRM business then owned by MGI. In September  1998 the Company  purchased
an option to purchase the assets of the CRM business and it exercised its option
on December 29, 1998. The transaction closed effective January 19, 1999.

     In order to  raise  funds to pay the  $1.23  million  cash  portion  of the
purchase  price for the CRM  assets,  the costs of the  acquisition  and to have
sufficient  working  capital to continue to develop and run that  business,  the
Company completed a private placement of 1,300,000 shares on January 19, 1999 of
its Common Stock to approximately 25 "accredited  investors" at a purchase price
of $2.50 per share,  for gross  proceeds of $3.25 million.  Management  believes
that the proceeds of this offering will provide adequate working capital to fund
operating losses of CRM until cash breakeven has been achieved.

     The transactions  described above,  along with the issuance of 2,000 shares
of Common  Stock to Flum  Partners  in  November  1998 in  consideration  of its
provision to the Company of a line of credit and the conversion by Flum Partners
of its Senior  Preferred  shares into Common Stock on or about January 20, 1999,
resulted  in Flum  Partners  owning more than 72% of the  Company's  outstanding
Common Stock (which is its only equity security now outstanding)  after the 1999
Private Placement.

                                      -9-

<PAGE>


     Funds from the 1999 Private Placement became available to the Company on or
about  January 19, 1999,  at which date the Company paid the cash portion of the
purchase price for the CRM assets, paid the expenses of the purchase transaction
and retained the remaining proceeds for use as working capital.

     At March 31, 2000, the Company had cash and cash  equivalents of $1,436,914
compared to $1,421,885 at December 31, 1999.  Working  capital at March 31, 2000
was $368,443  compared to working  capital of $624,762 at December 31, 1999. The
decline in working capital from December 31, 1999 is due primarily to a decrease
in accounts  receivable,  reflecting the  seasonality  of the Company's  billing
cycle, and the use of cash to fund the Company's operating loss. The Company has
no bank lines of credit or other currently available credit sources.

YEAR 2000 ISSUES

     The Company did not experience  any material  disruptions in its operations
or activities as a result of the so-called  "Y2K  Problem".  Nor did the Company
incur material  expenses in correcting  perceived or suspected Y2K problems.  In
addition,  the  Company is not aware  that any of its  suppliers,  customers  or
on-line partners has experienced any material disruptions in their operations or
activities.  The Company does not expect to encounter  any such  problems in the
foreseeable future, although it continues to monitor its computer operations for
signs or indications of such a problem.

FORWARD-LOOKING STATEMENTS

     Part I, Item 2 (Management's Discussion and Analysis of Financial Condition
and Results of Operations)  of this Quarterly  Report on Form 10-QSB may contain
forward-looking  statements,  including  statements  regarding future prospects,
industry  trends,  competitive  conditions,  litigation  and Year  2000  systems
issues.  Any statements  contained  herein that are not statements of historical
fact may be  deemed  to be  forward-looking  statements.  Without  limiting  the
foregoing, the words "believes", "expects",  "anticipates",  "plans" or words of
similar meaning are intended to identify forward-looking statements. This notice
is  intended  to take  advantage  of the "safe  harbor"  provided by the Private
Securities  Litigation  Reform Act of 1995 with respect to such  forward-looking
statements.  These  forward-looking  statements  involve  a number  of risks and
uncertainties.  Among others,  factors that could cause actual results to differ
materially from the Company's  beliefs or expectations  are those listed in Part
I, Item 2 under "Results of Operations" and other factors  referenced  herein or
from time to time as "risk  factors" or otherwise in the Company's  Registration
Statements or Securities and Exchange Commission reports.

                                      -10-

<PAGE>


PART II. OTHER INFORMATION

Item 6. Exhibits and Reports on Form 8-K

(a)      Exhibits

         27. Financial Data Schedule.

(b)      Reports on Form 8-K

         None.


                                      -11-

<PAGE>




                                   SIGNATURES


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


                                         CREDITRISKMONITOR.COM, INC.
                                              (REGISTRANT)


Date: May 8, 2000                        By: /s/ Lawrence Fensterstock
                                                 Lawrence Fensterstock
                                                 Chief Financial Officer



                                      -12-