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

                                   FORM 10-KSB

[  X  ]  ANNUAL  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF  1934
               For  the  fiscal  year  ended  June  30,  2000

[     ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SSECURITIES EXCHANGE
ACT  OF  1934
               For  the  transition  period  from _____________ to _____________

               Commission  file  number  000-27583

                                   EQUORUMNET
                                   ----------
                 (NAME OF SMALL BUSINESS ISSUER IN ITS CHARTER)

Nevada                                      88-0431508
------                                      ----------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

301 W. Armour #1000, Kansas City, MO        64111
                                            -----
(Address of principal executive offices)    (Zip Code)

Issuer's  telephone  number  (877)  603-4382

         Securities registered under Section 12(b) of the Exchange Act:

Title of each class                    Name of each exchange on which registered
-------------------                    -----------------------------------------
NONE

         Securities registered under Section 12(g) of the Exchange Act:

                               Title of each class
                               -------------------
                         Common Stock, $.0001 par value

Check  whether  the issuer (a) 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 of the past 90 days.          [  X  ] Yes
[     ]  No

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  is  not  contained  in  this  form,  and  no disclosure will be
contained,  to  the  best  of  registrant's  knowledge,  in  definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or  any  amendment  to  this  for  10-KSB  [     ]

State  issuer's  revenues  for  its  most  recent  fiscal  year.
     NONE

     The Company's stock is not, and has not, been traded or quoted.  Therefore,
there  is  no  way  to  ascertain  a  market  value  for  the  stock.
 .
     The  number  of  shares  outstanding  as  of  June  30, 2000 was 7,500,000.


<PAGE>
DOCUMENTS  INCORPORATED  BY  REFERENCE
     NONE

The  following  discussion  contains,  in  addition  to  historical information,
forward-looking  statements  that involve risks and uncertainties. The Company's
actual  results  could  differ  significantly  from the results discussed in the
forward-looking  statements.  Factors  that  could  cause  or contribute to such
differences  include,  but are not limited to, those discussed below and in Item
7,  "Management's  Discussion  and  Analysis  of  Financial  Condition."

                                     PART I
Item  I  DESCRIPTION  OF  BUSINESS

A.   BUSINESS  DEVELOPMENT  AND  SUMMARY

     eQuorumNet,  hereinafter  referred  to  as "The Company" or eQuorumNet, was
organized by the filing of articles of incorporation with the Secretary of State
of  the  State  of  Nevada  on July 15, 1999. The Company formed a Missouri LLC,
eQuorumNet,  LC,  in order to facilitate the private offering. The Company plans
to dissolve the LLC once the Company becomes publicly traded on the OTC Bulletin
Board.  The  articles  of  The  Company authorized the issuance of fifty million
(50,000,000)  shares  of  Common  Stock  at  a  par  value of $0.0001 per share.

     The  Company  is  a developmental stage company with the principal business
objective  to  provide  network  and  e-commerce  marketing for upscale and mass
market consumer products direct from the manufacturer. It intends to distinguish
itself as "the technology leader" in these fields with quality products, network
marketing  compensation plans, marketing materials and support programs, and its
e-commerce  site.

     The Company intends to identify overseas manufacturers of consumer products
that  have  a need for a marketing arm in the United States. Management believes
the  development of new products such as nutritional aids and electronics in the
Far  East  is expansive and the need for a specialized marketing company for the
United  States  market  has  continued to grow in the last ten years. eQuorumNet
plans  to  market  its  network  marketing  and  e-commerce  services  to  these
manufacturers.

     During  its  initial  phase  of  development,  the  Company  is formulating
profitability  budgets,  and  marketing  plans  with  the  intention  to  make
presentations to overseas manufacturing firms to become its marketing company in
the  United  States.  No specific manufacturing companies have signed a contract
with  eQuorumNet  as  yet,  and  the Company anticipates 6 to 8 months until the
research  phase  is  completed. A manufacturer/client needs to be identified and
contracted  with  in  order  to  begin phase II, when revenues will be expected.

     The  Company  intends  to  build  a  distributor  base  and  attract  a new
generation  of  distributor  leadership  by  providing  additional  financial
incentives  for  the  core  leadership  (i.e.,  short-term  income  incentives,
recruiting  incentives).  The  Company  plans to increase long-term stability by
addressing key distributor structure/compensation areas: 1) create several "base
of  tree" distributor lines to foster competition and increase opportunities for
aggressive  new  leadership  2)  implement  a  compensation  plan  which fosters
long-term  sustainable growth by continuing to highly reward aggressive, serious
business  builders,  while  better  rewarding  the  95%  of  part-time
consumer/retailer-type  distributor,  and  better  ensuring that new distributor
leaders  will  have  a  solid organization under them before "breaking away", so
that  they  will  better  be  able  to  qualify  for  leadership bonuses, and 3)
continually train distributor leadership to focus on building deep and wide with
a  solid  base  of  consumers  and  to  nurture  their  networks.

     The  Company  intends  to  focus on achieving and maintaining profitability
also ensuring tight financial and systems control by I) being fully prepared for
cyclical  sales  performance while still providing top quality customer service,
2)  focusing  on  quality,  not  quantity,  of  new  staff,  3)  instituting
financial/accounting  software  systems  to  enable  much  tighter cash flow and
inventory  control,  and  minimizing  long-term  contractual  arrangements  with
suppliers  and  keeping  minimum  order  quantities  as  low  as  possible.


<PAGE>
The  Company  plans  to  generate  revenues  through  the  following  sources:
     -  Percentage  of  product  profit
     -  Fees  from  warehousing  and  shipping  of  products
     -  Cyber-advertising  on  its  planned  e-commerce  site
     -  Commissions  on  sales,  advertising  development,  and sales management

B.   PRINCIPAL  PRODUCTS  AND  SERVICES  AND  PRINCIPAL  MARKETS

Overview

     eQuorumNet  has a principal business objective to emerge as a global leader
in  the  network  marketing  industry,  with millions of distributors around the
world  enjoying  the full benefits of the secure and enhanced lifestyle that its
products/services/company  could bring. The Company's focus will be to develop a
stable,  cohesive  distributor  force  to  market  its  targeted  products. As a
secondary  objective,  but  equally  important, eQuorumNet intends to expand its
marketing  capabilities  to  the  Internet  via  e-commerce  and  reusable, mass
products.

Strategy

     The  principal  components  of  the  Company's  strategy  are  as  follows:

-     Provide  highly attractive financial incentives needed to attract powerful
      new  distributor  leaders  and  reward  loyal  leadership  as  well as the
      key  management  team
        Under  development  is  a  Compensation  Plan  which  intends  to foster
        long-term sustainable  growth  of  its  distributors  and  provide for a
        continuous training  program  of  distributors.
-     Identify  future  products  and  expansions,  with  profitability  and
      marketability
-     Focus  on  achieving  and  maintaining  profitability
-     Maintain  tighter  cash  flow  and  inventory  control  through
      financial/accounting  software  systems
-     Minimize  long-term  contractual  arrangements  with  suppliers
-     Identify  cyclical  sales  performances  and  prepare  accordingly

C.   DISTRIBUTION  METHODS  OF  THE  PRODUCTS  OR  SERVICES

         a)  Distribution:

               Distribution  of  products  will  be  carried  out  through  the
               following  channels:

               1)  Network  Marketing:  Distributors will sell products directly
               from  the  manufacturer  to  the  consumer.  The Company believes
               this  will cut out the many levels  of  wholesalers, distributors
               and  retailers,  and  reduces  the  markup that is  placed on the
               products  at  each  of these levels. The result is intended to be
               larger profits, passed along to the consumer, the distributor and
               the Company.
               2)  e-Commerce.  Mass-marketed products such as electronics,  and
               lifestyle  services  will be sold via the Internet to the general
               public.  The  Company  hopes  to  achieve a high volume site with
               added income from advertising  banners  and  referrals.

         b)  Advertising  and  Promotion

               The  Company's  advertising  is  expected  to  he  through
high-visibility  methods,  including press releases and targeted print and media
campaigns, as well as Internet sources. Effective tours in key cities to attract
distributors may be implemented, as well as a yearly convention for distributors
and leaders. Product videos, CD-RoMs, DVDs can he developed to attract potential
new  distributors.  Training  kits  for  each  distributor including a continual
training  programs  intended to motivate and to create loyal distributors can be
designed.


<PAGE>
         c)  Customer  Service

               The  Company  recognizes the need for an effective and responsive
customer service base. To that end, the Company is developing a Customer Service
Plan  to  include  a  Distributor  Support  Plan.

ITEM  2.  DESCRIPTION  OF  PROPERTY

The  Company  currently  pays no rent for its executive offices. Office space is
currently  being  used  at  an  associate  of  the President, Richard Hung at no
charge.  This  office  arrangement  is  considered  adequate  for  current  and
short-term  operations  of  the  Company.

ITEM  3.  LEGAL  PROCEEDINGS.

The  Company is not presently a party to any litigation, nor to the knowledge of
management  is  any  litigation  threatened  against  the  Company,  which would
materially  affect  the  Company.

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS.

Not  applicable

                                     PART II

ITEM  5.  MARKET  FOR  COMMON  EQUITY  AND  RELATED  STOCKHOLDER  MATTERS.

The Company's shares of Common Stock are not registered with the U.S. Securities
and  Exchange  Commission  under  the  Securities  Act  of  1933,  as  amended
(hereinafter  referred  to  as the "Act"), and certain shares issued pursuant to
Regulation  D-504,  are  "restricted  securities."

Since  its  inception  July 15, 1999, the Company has not paid cash dividends on
its  Common  Stock.  It  is  the  present  policy of the Company not to pay cash
dividends  and  to  retain  future earnings to support the Company's growth. Any
payments  of  cash  dividends  in the future will be dependent upon, among other
things,  the  amount  of  fund  available  therefore,  the  Company's  earnings,
financial  condition, capital requirements, and other factors which the Board of
Directors  deem  relevant.

As  of  June  30,  2000  ,  there  were  31  Common  Shareholders  of  record.

The transfer agent for the common stock is Florida Atlantic Stock Transfer, 7130
Nob  Hill  Road,  Tamarac,  Florida  33321.

ITEM  6.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION.

The following discussion should be read in conjunction with, and is qualified in
its  entirety  by  the  Financial  Statements  section  included  below.

With  the  exception  of  historical  matters,  the matters discussed herein are
forward looking statements that involve risks and uncertainties. Forward looking
statements  include,  but  are not limited to, statements concerning anticipated
trends in revenues and net income, the date of introduction or completion of the
Company's  products,  projections concerning operations and available cash flow.
The  Company's actual results could differ materially from the results discussed
in  such  forward  looking statements. The following discussion of the Company's
financial condition and results of operations should be read in conjunction with
the  Company's  financial  statements  and  the  related notes thereto appearing
elsewhere  herein.


<PAGE>
A.   OVERVIEW

     (1)  The  Company,  since  raising its initial capital, has concentrated on
researching  and  developing contacts in the manufacturing community to identify
quality  products for its network marketing and e-commerce site. The Company has
specifically targeted new products and services aimed at "securing and enhancing
life"  including  1)  Direct-from-factory  electronics  via  Internet  2)  New
generation  security  products  3) Lifestyle services (recreation, travel sports
memberships)  4)  Nutritional  and  personal  care  products  e.g., "nourish and
cleanse"  Chinese  herbal  supplements,  skin  care  systems.

     During  the  initial  phase  of  researching  and  developing contacts, the
Company may need additional capital.  The Company is currently preparing an SB-2
Registration  towards  that  end.  On  July  24,  1999, the Company completed an
offering  of  170,000 shares of the Common Stock of the Company to approximately
29  unaffiliated  shareholders.  This  offering  was  made  in  reliance upon an
exemption from the registration provisions of Section 4(2) of the Securities Act
of 1933 (the "Act"), as amended, pursuant to Regulation 1), Rule 504 of the Act.
As of the date of this filing, the Company has approximately 7,500,000 shares of
its  $00001  par value common voting stock issued and outstanding which are held
by  31  shareholders  of  record. Management fully anticipates that the proceeds
from  the sale will be sufficient to provide for the Company's capital needs for
the  next approximately six (6) to twelve (12) months, during its research stage
of  development.

     In  addition,  management  of  the  Company  believes  the  needs  for
additional capital going forward will be derived somewhat from internal revenues
and  earnings  generated  from  the  sale  of  its products and services. If the
Company  is  unable to begin to generate revenues from its anticipated products,
management  believes the Company will need to raise additional funds to meet its
cash  requirements.

     The  Company believes that its initial revenues will be primarily dependent
upon  the number of distributors it has, the number of customers it has, and the
profit  margins  on  the products it offers. Realization of significant sales of
the  Company's  products and services during the fiscal year ending December 31,
2000  is vital to its plan of operations. To that end, realization of developing
a  stable  organization  of  distributors  is  paramount  to  its  plan.

(2)     No  engineering,  management  or  similar  report  has  been prepared or
provided  for  external  use  by the Company in connection with the offer of its
securities  to  the  public.

(3)     Management believes that the Company's future growth and success will be
largely  dependent  on  its  ability to obtain several overseas manufacturers as
clients,  to  attract  a  stable distributor force, its ability to target repeat
sales  through reusable products, the marketing efforts for its e-commerce site,
and  its  choice  of  profitable  products.

     The  Company  has yet to incur any research and development costs from July
15, 1999, to present, and the  Company  does not expect to incur any significant
research  amid development expenses during the fiscal year ending June 30, 2001.

(4)     The  Company  expects to purchase regular office equipment, i.e., desks,
calculators,  a  computer  when  revenues  warrant  such  purchases,  and  a
client/manufacturer  has hired the Company to do its marketing. The Company does
not  have  any  facilities  or  equipment  to  sell  at  this  time.

(5)     Management  anticipates  that it will hire and add 5 full time employees
over  the next twelve (12) months, as well as distributors who will be paid on a
commission-only  basis. Employees will not be added during Phase I, the research
period.  Employees  will  be  added  as  revenues  permit.

(6)     From  inception in July, 1999 through present, the Company has devoted a
majority of its time on research and development. The Company has incurred start
up  costs  of $80,000.  Richard Hung, individually, has paid all start up costs.
This  cost  includes  all  start  up  costs  of  attorneys,  filing  fees,  and
accountants. This $80,000.00 start up costs is borne solely by Richard Hung, and
is  part  of  his contribution to the Company, with no expected payback from the
Company.


<PAGE>
B.   SEGMENT  DATA

There  were  no  revenues  from sales since its inception July 15, 1999. Because
there  was  no  revenue,  no  table  showing  percentage breakdown of revenue by
business  segment  or  products/service  line  is  included.

C.   RESULTS  OF  OPERATIONS

There  were  no  revenues  from  sales  up to the date of this filing. Since its
inception,  July  15, 1999, the Company has formed the Company's organization to
pursue  its  business  strategy.

a)  Pre-Operating  Expenses.  Pre-Operating  expenses were not necessary, as all
costs for the Company's legal organization, legal expenses. and financial audits
are  included  in  the  start of costs of $80,000, to be paid in full by Richard
Hung,  individually.

b)  Revenues.  The  Company is a development state enterprise as defined in SFAS
#7,  and has yet to generate any revenues. The Company is devoting substantially
all  of  its  present  efforts  to: (1) develop the contacts to attract overseas
manufacturers  (2)  developing  plans of operations (network marketing, customer
service,  e-commerce),  and  (3)  obtaining  sufficient capital to commence full
operations.

D.   LIQUIDITY  AND  CAPITAL  RESOURCES

As of the date of this filing, the Company has $67 on hand or in the bank. Until
such  time  as  the  Company  sets forth and implements its business plan, there
could be a need for additional capital, even though Richard Hung is contributing
his time and expenses at no cost during this time.   The Company has prepared an
SB-2  Registration towards that end, and plans to submit the registration to the
SEC  shortly.

The receipt of funds from Private Placement Offerings and loans obtained through
private  sources  by  the  Company  are  a possibility to fund the Company until
revenues  can  be  achieved.  Since inception, the Company has financed its cash
flow requirements though issuance of common stock and through contributions from
Richard  Hung.  As  the  Company  expands  its  activities,  it  may continue to
experience  net  negative  cash  flows from operations, pending receipt of sales
revenues.  Additionally  the  Company  may  be  required  to  obtain  additional
financing to fund operations through Common Stock offerings and bank borrowings,
to  the  extent  available,  or  to  obtain  additional  financing to the extent
necessary  to  augment  its  working  capital.

Over  the  next  twelve  months, the Company intends to increase its revenues by
obtaining  an overseas manufacturer/client and network marketing its products to
consumers  in the United States. However, the Company will continue the research
and  development  of  clients/products  and  in-depth  plans.  Consequently, the
Company  may seek additional financing in order to sustain operations. There can
be  no  assurance such additional funds will be available or that, if available,
such  additional  funds  will  be  on terms acceptable to the Company. In either
case,  the  financing  could have negative impact on the financial conditions of
the  Company  and  its  Shareholders.

The  Company  anticipates that it will incur operating losses in the next twelve
months.  The  Company's  lack  of  operating  history make predictions of future
operating  results  difficult  to  ascertain.  The  Company's  prospects must be
considered  in  light  of  the  risks,  expenses  and  difficulties  frequently
encountered  by  companies  in  their  early  stage of development, particularly
companies  in  new  and  rapidly  evolving  markets.  Such risks for the Company
include,  but  are  not limited to, an evolving and unpredictable business model
and  the  management  of growth. To address these risks, the Company must, among
other  things,  obtain  a  customer base, implement and successfully execute its
business  and  marketing  strategy,  continue  to develop its overseas contacts,
provide superior customer services and order fulfillment, respond to competitive
developments, and attract, retain and motivate qualified personnel. There can be
no  assurance  that the Company will be successful in addressing such risks, and
the  failure  to  do  so  can  have  a  material adverse effect on the Company's
business  prospects,  financial  condition  and  results  of  operations.


<PAGE>
Initial financing is only to provide funds to prove the business be necessary to
obtain  manufacturer/clients. The Company hopes to enter into additional funding
arrangements  through  strategic  partnerships,  merger, equity offering or debt
offering.  Nothing  has  been  secured  as  of  this  time.

E.   GOVERNMENTAL  APPROVAL,  REGULATION  AND  ENVIRONMENTAL  COMPLIANCE

     Other  than  general business licensing requirements, management is unaware
of  any  governmental  approval  necessary  for  the Company's operations in the
marketing  industry.  In addition, management is unaware of existing or probably
governmental  regulations  on  the marketing industry. Management anticipates no
material  costs  associated  with compliance with either federal, state or local
environmental  law.

     Export  laws  for  Hong Kong are currently favorable for the United States,
according  to management. However, there can be no assurance that this condition
will  continue and that new laws or embargos or other hazardous enactments could
adversely  affect  the  Company  s  plan.

F.   RISKS  ASSOCIATED  WITH  OPERATIONS

     The  Company's long-term success is partially predicated on the strength of
obtaining a favorable alliance with an overseas manufacturer with profitable and
marketable  products.

     Its  principal  competition  consists  of  entities  within  the  marketing
industry  which  are  well established. The Company's ability to compete against
these  more  established  and more financially stable companies is premised upon
the  Company's  ability  to  provide effective network marketing and e-commerce.

     Another  uncertainty  is  the dependence on key personnel familiar with the
control,  administration, development, and training of distributors. The loss of
Richard  Hung,  President,  could  have  an  adverse  effect  on  its  continued
operations.

     Although  research in the Company indicates that the Internet will continue
with  little,  if any regulation, and will continue to become a viable marketing
tool, there can be no assurances that the Internet will prove to be a profitable
outlay  for  the  Company  in  its  business  plans.

     While  the  Company's  plan  is  being researched and developed thoroughly,
there  is  no assurance the plan will be accepted in or by the marketplace, nor,
that  if  it  is  accepted,  that  demand will be sufficient to make the Company
profitable.  The  Company  cannot  project  with  certainty  the  outcome of its
operations, and there are no assurances that the Company will operate profitably
in  either  the  near  or  long  term.

     Local,  national,  and  international  economic  conditions  may  have  a
substantial  adverse  affect  on  the efforts of the Company. The Company cannot
guarantee  against  the  possible  eventuality of any potential adverse economic
conditions.

G.   COMPETITION

     The Company competes with numerous other marketing companies. Many of these
competitors  have  substantially  greater resources than eQuorumNet. The Company
has identified a niche in the market as it relates to network marketing, selling
a  manufacturer's  product  on  a  one-to-one  basis  to  a  consumer.

H.   DEVELOPING  AND  CHANGING  MARKET

     The  market  conditions for importing products from overseas is continually
evolving and changing. The Company believes the current conditions will continue
favorably for this type of venture. There can be no assurance that the Company's
assessment of the situation is correct, nor that the products it selects will be
accepted  by  the  consumer.


<PAGE>
I.   EMPLOYEES

     As  of  the current date, the Company has no paid employees. The Company is
dependent  on Richard Hung, President. Mr. Hung does not plan to spend full time
efforts  on  the research and development of products, plans, and clients during
the  first  six  to twelve months of operation. Once these plans are formulated,
the  Company  will  need  to  hire full time operational staff as its operations
commence.  Mr.  Hung is fully prepared to devote full time efforts at that time,
but  there can be no assurance that the current full time employment of Mr. Hung
would  not  offer  a  better  salary  and package to Mr. Hung and Mr. Hung could
abandon the Company. The Company's future success also depends on its ability to
attract  and retain other qualified personnel, for which competition is intense.
The  loss  of  Mr.  Hung  or the Company's inability to attract and retain other
qualified  employees  could  have  material  adverse  affect  on  the  Company.

ITEM  7.  FINANCIAL  STATEMENTS.

The  financial  statements  follow  Item  13  of  this  report.

ITEM  8.  CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING AND
FINANCIAL  DISCLOSURE.

NONE
                                    PART III

ITEM  9.  DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS  AND  CONTROL  PERSONS;
COMPLIANCE  WITH  SECTION  16(A)  OF  THE  EXCHANGE  ACT.

The following table sets forth the names, positions with the Company and ages of
the  executive  officers and directors of the Company. Directors will be elected
at  the Company's annual meeting of shareholders and serve for one year or until
their successors are elected and qualify. Officers are elected by the Board, and
their terms of office are, except to the extent governed by employment contract,
at  the  discretion  of  the  Board.

Name              Age            Title
----              ---            -----
Richard  Hung     48             President,  Chairman

Duties,  Responsibilities  and  Experience

Richard  Hung,  President,  Chairman
          Richard  Hung  graduated  from  the  University  of  Toronto, Toronto,
Ontario,  Canada,  with  a B.A.Sc. (Industrial Engineering) in 1976. In 1978, he
received  a Bachelor of Commerce, with a major in organization behavior from the
University  of  Windsor,  Windsor, Ontario, Canada, and a M.B.A. with a major in
finance  in  1979.  l-Ie  has  more  than  15 years of mass volume manufacturing
experience  in  the  consumable electronics industry, and 6 years of multi-level
marketing operations management He speaks fluent English and Chinese (Cantonese,
Chiu  Chow),  plus  elementary  Mandarin.

     Mr.  Hung  is  currently  Senior  Vice  President/Operations  at  Applied
International  Holdings  Ltd, a Hong Kong company operating in Hong Kong, China,
North America and Europe. Applied International  Holdings Ltd has 1500 employees
and  is  involved in consumer electronics manufacturing, and multi-level network
marketing.  As  Senior  Vice  President/Operation  since  1994, Mr. Hung reports
directly  to  the  Chairman,  manages all manufacturing related function, and is
involved  in  new product development, budget review, P/L. In 1993, Mr. hung was
Vice  President/Operations  for  one of the company's subsidiaries in the United
States  that  specialized  in  multi-level  network  marketing  for  consumable
products.  In  that capacity, he was responsible for the customer service center
with  more  than  300 staff members, managed order entry, customer service, MIS,
purchasing,  quality  control  and  shipping  departments. As General Manager of
another company subsidiary in 1992, Mr. Hung was responsible for a manufacturing
center  with  3000  employees  in  China,  managed all the manufacturing related
departments,  and  liased  with  the  overseas subsidiaries on the logistics and
shipments.


<PAGE>
     From  1987  to 1992, Mr. Hung was employed by Golden Alpha Electronics Ltd,
an  electronic  company  in  the  IBM  compatible  market and old fashioned wood
cassette  radios. He managed a manufacturing plant in China, was involved in the
product  development, toolings, pilot and mass production, worked with customers
in  the  development  and  the  production  of  80286 and 80385 IBM compatibles.

     From 1985 to 1986, Mr. Hung was Operations Manager for Commodore Electronic
Ltd,  a USA Personal Home Computer Manufacturer. He managed a 24 hour continuous
mass volume production, 6 days a week with total production employees of 1000 in
the  Hong  Kong  factory.  He  headed Production Engineering, Plant Engineering,
Production  and  Process  Control  Engineering  departments.

     From  1984 to 1985, Mr. Hong was General Manager of Bondwell Computech Ltd,
a  computer  electronic  company engaged in the home and small business computer
industry.  He began as the General Manager of one of the international marketing
companies  of  the  group  and  then  as the General Manager of one of the major
manufacturing  subsidiaries  within  the  group.  He managed the Hong Kong plant
manufacturing,  Purchasing,  Material  Control,  Quality  Control,  Shipping,
Accounting  and  Personnel,  development,  and  international  marketing.

Mr.  Hung  is  not  an  officer or director of a publicly traded company at this
time.

Notable  achievements  during  his  career  include:

*     Trimmed  down  the  monthly  factory  operating  expenses from HK$I3mil to
HK$9mil  while  maintaining  the  same  sales  value
*     Cost  reduction  via  renegotiations  with  UPS,  Federal  Express,  Visa,
Tel-e-Check
*     Improved  ship-out  time  to  within  36  hours  of sales order placements
*     Project  leader  who  organized  network marketing conventions with 12,000
attendants
*     Improved  quality of packing by applying industrial engineering approaches
*     Improved  profit margins of marketing materials by renegotiations with USA
local  vendors
*     Maintained  an  operating  profit before tax to an average of HK$l0mil per
month  for  10-consecutive  months
*     Launched  production  of  10  new  products  within  a  six  month  period
*     Shipment  of  more  than  1  million  units  per  month

Compliance  with  Section  16(a)  of  the  Exchange  Act.

Section 16(a) of the Securities Exchange Act of 1934 requires executive officers
and  directors,  and  persons who beneficially own more than 10% of any class of
the  Registrant's  equity  securities  to  file initial reports of ownership and
reports  of  changes  in  ownership  with the Securities and Exchange Commission
("SEC"). Executive officers, directors and beneficial owners of more than 10% of
any  class of the Registrant's equity securities are required by SEC regulations
to  furnish  the  Registrant  with  copies of all Section 16(a) forms they file.

Based solely on a review of the copies of such forms furnished to the Registrant
during  or with respect to fiscal 1999, and certain written representations from
executive  officers  and  directors,  the  Registrant  is  aware  that each such
reporting  persons  inadvertently  failed  to  file  a  Form  3  at the time the
Registrant  became  registered  under Section 12 of such act (January 17, 2000).
Such  forms  are  now  in  the  process  of  being  prepared  and  filed.


<PAGE>
ITEM  10.  EXECUTIVE  COMPENSATION.

Richard  Hung has not received, nor is he projected to receive, any compensation
for  his services, including his capacities as Chairman and President other than
the  issuance  of  the  Company's  Common  Stock  as  set forth in Item 4 above.

Should  the  Company  become profitable and produce commensurate cash flows from
operations  and/or  through the sale of strategic investments, there may be some
level  of compensation paid to him. However, this will be subject to approval by
the  Company's  Board  of  Directors.  It is the responsibility of the Company's
Officers  and its Board of Directors to determine the timing of any remuneration
for key personnel. Such determination and timing thereof will be based upon such
factors  as  positive  cash  flow to include equity sales, operating cash flows,
capital  requirements, and a positive cash flow balance in excess of $12,500 per
month.  At the time cash flow reaches this point, and appears to be sustainable,
the Officers and Board of Directors will again readdress the compensation of its
key  personnel and set forth a more formal and complete plan for remuneration in
line with operations of the Company. At present, the Company's management cannot
accurately  estimate  the  point  when revenues and operating cash flows will be
sufficient  enough  to  implement  this  compensation plan, nor are they able to
estimate  the  exact  amount  of  compensation  at  this  time.

There  are  no  annuity,  pension, or retirement benefits proposed to be paid of
Officers,  Directors,  or employees of the Company in the event of retirement at
normal  date  pursuant to any presently existing plan provided or contributed to
by  the  Company,  or  any  of  its  subsidiaries,  if  any.

KEY  OFFICER  EMPLOYMENT  AGREEMENTS

No  employment  contracts  have  been  negotiated or signed as yet. However, the
Company  plans  on  having  all  key  employees  and  officers  sign  a detailed
employment  contract  as  appropriate.

COMPENSATION  OF  DIRECTORS

All  directors  will  be  reimbursed for expenses incurred in attending Board or
committee  meetings.

STOCK  OPTION  PLAN  AND  NON-EMPLOYEE  DIRECTORS'  PLAN

No stock option plan has been set forth, and no non-employee directors' plan has
been instituted. The Company may decide, at a later date, and reserves the right
to,  initiate  these  plans  as  deemed  necessary  by  the  Board.

ITEM  11.  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND MANAGEMENT.

The  following  table  sets  forth certain information as of June 30, 2000, with
respect  to  the  beneficial ownership of Common Stock by (i) each person who to
the  knowledge  of  the  Company, beneficially owned or had the right to acquire
more  than 5% of the Outstanding Common Stock, (ii) each director of the Company
and  (iii)  all  executive  offices  and  directors  of  the Company as a group.

Name of Beneficial Owner (I)         Number         Percent
                                     of Shares      of Class (2)

Richard  Hung                        7,330,000        98%
301  W.  Armour  #1000
Kansas  City,  MO  64111

All Directors & Officers as a Group  7,330,000

(1)     As  used  in this table, "beneficial ownership" means the sole or shared
power  to  vote,  or  to direct the voting of, a security, or the sole or shared
investment  power  with respect to a security (i.e., the power to dispose of, or
to  direct  the  disposition  of, a security). In addition, for purposes of this
table,  a  person  is deemed, as of any date, top have "beneficial ownership" of
any security that such person has the right to acquire within 60 days after such
date.


<PAGE>
(2)     Figures  are  rounded  to  the  nearest  percentage.

ITEM  12.  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS.

Business  Consultants.  The  Company  has relied on J. Thomas Howard, LTD as key
business  consultants  while in its development stage. J. Thomas Howard, LTD has
provided  the assistance in preparing the Company to become a reporting company.
For  this  assistance,  the  Company has issued 90,000 shares of Common Stock at
$.02  per  share  to  companies  under control by J. Thomas Howard, LTD.  One of
those  companies,  Missouri  Investor's  Trust,  LC, transferred 22,500 of those
shares  to  True Law firm for legal fees incurred on behalf of J. Thomas Howard,
LTD.

ITEM  13.  EXHIBITS  AND  REPORTS  ON  FORM  8-K.
Not  applicable.


                                    PART F/S




                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                              FINANCIAL STATEMENTS
                                  JUNE 30, 2000




                              WILLIAMS & WEBSTER PS
                          CERTIFIED PUBLIC ACCOUNTANTS
                        BANK OF AMERICA FINANCIAL CENTER
                           W 601 RIVERSIDE, SUITE 1940
                                SPOKANE, WA 99201
                                 (509) 838-5111


<PAGE>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)

                                  JUNE 30, 2000


                                TABLE OF CONTENTS



INDEPENDENT  AUDITOR'S  REPORT                                                 1

FINANCIAL  STATEMENTS

     Balance  Sheet                                                            2

     Statement  of  Operations                                                 3

     Statement  of  Stockholders'  Equity                                      4

     Statement  of  Cash  Flows                                                5

NOTES  TO  FINANCIAL  STATEMENTS                                               6


<PAGE>
Board  of  Directors
eQuorumNet
301  W.  Armour  #1000
Kansas  City,  MO  64111

                          Independent Auditor's Report

We  have  audited  the  accompanying  balance sheet of eQuorumNet (a development
stage  company)  as  of  June 30, 2000 and the related statements of operations,
cash  flows,  and  stockholder's  equity  for  the  period  from  July  15, 1999
(inception)  through  June  30,  2000.  These  financial  statements  are  the
responsibility of the Company's management.  Our responsibility is to express an
opinion  on  these  financial  statements  based  on  our  audit.

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

In  our  opinion,  the financial statements referred to above present fairly, in
all  material respects, the financial position of eQuorumNet as of June 30, 2000
and  the  results  of its operations and its cash flows for the period from July
15,  1999  (inception)  to  June 30, 2000, in conformity with generally accepted
accounting  principles.

As  discussed in Note 2, the Company has been in the development stage since its
inception  and has no revenues.  Realization of a major portion of the assets is
dependent  upon the Company's ability to meet its future financing requirements,
and  the  success  of  future  operations. These factors raise substantial doubt
about  the Company's ability to continue as a going concern.  Management's plans
regarding  those  matters  are described in Note 2.  The financial statements do
not  include  any  adjustments  that  might  result  from  the  outcome  of this
uncertainty.




Williams  &  Webster,  P.S.
Certified  Public  Accountants
Spokane,  Washington
August  3,  2000


<PAGE>
<TABLE>
<CAPTION>
                                         EQUORUMNET
                               (A DEVELOPMENT STAGE COMPANY)
                                        BALANCE SHEET
                                       JUNE 30, 2000


<S>                                                                  <C>
A S S E T S
  CURRENT ASSETS
     Cash                                                            $                  67
                                                                     ----------------------
         TOTAL CURRENT ASSETS                                                           67
                                                                     ----------------------


     TOTAL ASSETS                                                    $                  67
                                                                     ======================

L I A B I L I T I E S   &   S T O C K H O L D E R S '   E Q U I T Y

  TOTAL CURRENT LIABILITIES                                          $                   -
                                                                     ----------------------

  COMMITMENTS AND CONTINGENCIES                                                          -
                                                                     ----------------------

  STOCKHOLDER'S EQUITY
     Common stock, 50,000,000 shares authorized,
         $.0001 par value; 7,500,000 shares
         issued and outstanding                                                        750
     Additional paid-in capital                                                     83,423
     Deficit accumulated during development stage                                  (84,106)
                                                                     ----------------------
     TOTAL STOCKHOLDERS' EQUITY                                                         67
                                                                     ----------------------

     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                      $                  67
                                                                     ======================
</TABLE>


The accompanying notes are an integral part of these financial statements.
                                        2
<PAGE>
<TABLE>
<CAPTION>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF OPERATIONS
                 FROM JULY 15, 1999 (INCEPTION) TO JUNE 30, 2000


<S>                                             <C>
R E V E N U E S                                 $                     -
                                                -------------------------

E X P E N S E S                                                   84,106
                                                -------------------------
    TOTAL OPERATING EXPENSES                                      84,106
                                                -------------------------

LOSS BEFORE INCOME TAXES                                         (84,106)

INCOME TAXES                                                           -
                                                -------------------------

NET LOSS                                        $                (84,106)
                                                =========================

  Net loss per common share                     $                  (0.01)
                                                =========================

  Basic and diluted weighted average number of
    common stock shares outstanding                            7,500,000
                                                =========================
</TABLE>


The accompanying notes are an integral part of these financial statements.
                                        3
<PAGE>
<TABLE>
<CAPTION>
                                                         EQUORUMNET
                                                (A DEVELOPMENT STAGE COMPANY)
                                              STATEMENT OF STOCKHOLDERS' EQUITY
                                FOR THE PERIOD OF JULY 15, 1999 (INCEPTION) TO JUNE 30, 2000



                                                     Common Stock                           Deficit
                                                 -------------------                      Accumulated         Total
                                                    Number               Additional          During        Stockholders'
                                                  of  Shares  Amount   Paid-in Capital  Development Stage     Equity
                                                  ----------  -------  ---------------  -----------------  -------------
<S>                                              <C>          <C>      <C>              <C>                <C>
Issuance of common stock in July 1999
  for cash at an average of $.0006 per share       7,500,000  $  750   $        3,423   $              -   $      4,173


Additional capital contributed by the president
  of the Company                                           -       -           80,000                  -         80,000

Loss for the period ending June 30, 2000                   -       -                -            (84,106)       (84,106)
                                                 -----------  -------  ---------------  -----------------  -------------

  Balance at June 30, 2000                         7,500,000  $  750   $       83,423   $        (84,106)  $         67
                                                 ===========  =======  ===============  =================  =============
</TABLE>


The accompanying notes are an integral part of these financial statements.
                                        4
<PAGE>

<TABLE>
<CAPTION>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF CASH FLOWS
          FOR THE PERIOD OF  JULY 15, 1999 (INCEPTION) TO JUNE 30, 2000



<S>                                             <C>
Cash flows from operating activities:
  Net loss                                      $                 (84,106)
                                                --------------------------

  Net cash used in operating activities                           (84,106)
                                                --------------------------

Cash flows from investing activities:                                   -
                                                --------------------------

Cash flows from financing activities:
  Cash contributed by president of the Company                     80,000
  Issuance of stock                                                 4,173
                                                --------------------------

  Net cash provided by financing activities                        84,173
                                                --------------------------

Net increase in cash                                                   67


Cash, beginning of period                                               -
                                                --------------------------

Cash, end of period                             $                      67
                                                ==========================

SUPPLEMENTAL DISCLOSURES:
  Cash paid for interest and income taxes:
    Interest                                    $                       -
                                                ==========================
    Income taxes                                $                       -
                                                ==========================

NON-CASH INVESTING AND FINANCING ACTIVITIES:
  Start-up costs paid by shareholder            $                  80,000
                                                ==========================
</TABLE>


The accompanying notes are an integral part of these financial statements.
                                        5
<PAGE>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2000

NOTE  1 - ORGANIZATION  AND  DESCRIPTION  OF  BUSINESS

eQuorumNet, (hereinafter "the Company"), was incorporated in July 1999 under the
laws  of  the State of Nevada primarily for the purpose of internet marketing of
electronics,  nutritional  and  personal  care  products.  At June 30, 2000, the
Company  is  operating  from the residence of a business associate rent free, in
Kansas  City,  Missouri.  In  August 1999, the Company formed eQuorumNet, LLC, a
limited  liability  company,  to facilitate the Initial Public Offering (IPO) of
the  Company's  stock.  This  limited  liability  company  was  dissolved  upon
finalization  of  the  Company's  IPO.

The Company is in the development stage and as of June 30, 2000 had not realized
any  significant  revenues  from  its  planned  operations.

The  Company's  year-end  is  June  30.

NOTE  2-SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

This  summary  of  significant accounting policies of eQuorumNet is presented to
assist  in  understanding  the  Company's  financial  statements.  The financial
statements  and  notes  are representations of the Company's management which is
responsible  for  their  integrity  and  objectivity.  These accounting policies
conform  to  generally accepted accounting principles and have been consistently
applied  in  the  preparation  of  the  financial  statements.

Development  Stage  Activities
------------------------------
The  Company  has  been in the development stage since its formation on July 15,
1999.  It  is  primarily  engaged  in  internet  marketing.

Going  Concern
--------------
The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a  going  concern.

As  shown  in  the accompanying financial statements, the Company has incurred a
deficit  of  $84,106  since inception.  The Company, being a developmental stage
enterprise,  is currently putting technology in place which will, if successful,
mitigate these factors which raise substantial doubt about the Company's ability
to  continue  as  a  going concern.  The financial statements do not include any
adjustments  relating  to  the  recoverability  and  classification  of recorded
assets, or the amounts and classification of liabilities that might be necessary
in  the  event  the  Company  cannot  continue  in  existence.

Management has established plans designed to increase the sales of the Company's
products.  Management  intends  to  seek  new capital from new equity securities
issuances  that  will  provide funds needed to increase liquidity, fund internal
growth  and  fully  implement  its  business  plan.


                                        6
<PAGE>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2000


NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

Cash  and  Cash  Equivalents
----------------------------
For  purposes  of  the  Statement  of  Cash  Flows,  the  Company  considers all
short-term  debt securities purchased with a maturity of three months or less to
be  cash  equivalents.

Accounting  Method
------------------
The  Company's  financial  statements  are  prepared using the accrual method of
accounting.

Basic  and  Diluted  Loss  per  share
-------------------------------------
Basic  loss  per  share  was  computed  by dividing the net loss by the weighted
average  number  of  shares outstanding during the period.  The weighted average
number  of  shares was calculated by taking the number of shares outstanding and
weighting  them  by the amount of time that they were outstanding.  Diluted loss
per  share  is  the  same  as  basic loss per share as there are no common stock
equivalents  outstanding.

Income  Taxes
-------------
No  provision  for  taxes  or  tax  benefit  has  been reported in the financial
statements,  as  there  is not a measurable means of assessing future profits or
losses.

Year  2000
----------
Like  other  companies,  eQuorum.Net could be adversely affected if the computer
systems  the Company, its suppliers or customers use do not properly process and
calculate  date-related  information  and  data  from the period surrounding and
including  January  1,  2000.  This  is commonly known as the 'Year 2000' issue.
Additionally,  this  issue could impact non-computer systems and devices such as
production  equipment and elevators, etc.  As of June 30, 2000, the Company does
not  have  any  evidence  of  problems  associated  with  the  year  2000 issue.

The  Company  has not purchased any software or hardware.  When the Company does
purchase software and hardware, it will determine at that time if there could be
any  adverse  effects  to  the  Company's operations regarding Year 2000 issues.
Management  also  believes that Year 2000 issues should not adversely affect the
ability  of its clients and customers to conduct business with the Company.  Any
costs  associated  with  Year  2000  compliance  will be expensed when incurred.

Fair  Value  of  Financial  Instruments
---------------------------------------
Unless otherwise stated, the carrying amounts for the Company's cash, marketable
securities,  accounts  receivable,  accounts  payable, notes payable and accrued
liabilities  approximate  their  fair  value.


                                       7
<PAGE>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2000


NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

Impaired  Asset  Policy
-----------------------
In  March  1995,  the  Financial  Accounting  Standards Board issued a statement
titled "Accounting for Impairment of Long-lived Assets."  In complying with this
standard,  the  Company will review its long-lived assets quarterly to determine
if  any  events  or changes in circumstances have transpired which indicate that
the  carrying  value of its assets may not be recoverable.  The Company does not
believe  any  adjustments are needed to the carrying value of its assets at June
30,  2000.

Use  of  Estimates
------------------
The  process  of  preparing  financial  statements  in conformity with generally
accepted  accounting  principles  requires  the use of estimates and assumptions
regarding  certain  types  of assets, liabilities, revenues, and expenses.  Such
estimates  primarily  relate to unsettled transactions and events as of the date
of  the  financial statements.  Accordingly, upon settlement, actual results may
differ  from  estimated  amounts.

Derivative  Instruments
-----------------------
In  June  1998,  the  Financial  Accounting  Standards Board issued Statement of
Financial  Accounting  Standards  ("SFAS")  No.  122, "Accounting for Derivative
Instruments  and  Hedging Activities."  This standard establishes accounting and
reporting  standards  for  derivative  instruments, including certain derivative
instruments  embedded  in  other  contracts,  and  for  hedging  activities.  It
requires  that  an  entity  recognizes  all  derivatives  as  either  assets  or
liabilities  in  the  balance sheet and measure those instruments at fair value.

At  June 30, 2000, the Company has not engaged in any transactions that would be
considered  derivative  instruments  or  hedging  activities.

NOTE  3  -  PROPERTY  AND  EQUIPMENT

At  June  30,  2000  the  Company  does  not  own  any  property  or  equipment.

NOTE  4-COMMON  STOCK

Upon  incorporation, the Company authorized the issuance of 50,000,000 shares of
common  stock  at a par value of $0.0001 per share of which 7,500,000 shares are
outstanding.  Holders  of  shares  of  common stock are entitled to one vote for
each  share  on  all  matters  to  be  voted on by the stockholders, but have no
cumulative  voting  rights.  Holders  of  shares of common stock are entitled to
share ratably in dividends, if any, as may be declared by the Board of Directors
in  its  discretion, from funds legally available therefor.  The Company has not
authorized  any  preferred  stock,  convertible stock, warrants or options as of
June  30,  2000.


                                       8
<PAGE>
                                   EQUORUMNET
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2000


NOTE  5  -  CONTRIBUTED  CAPITAL

The  major  stockholder  of  the  Company contributed $80,000 for the payment of
expenses.  This  amount  was  recorded  as  additional  paid-in  capital.


                                       9
<PAGE>
                                 SIGNATURE PAGE


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

EQUORUMNET

By  /S/  Richard  Hung,  President

8/25/00

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

By  /S/  Richard  Hung,  President,  Secretary,  Treasurer,  Director

8/25/00


<PAGE>