UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB

             ( x ) Quarterly Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                For the quarterly period ended September 30, 2000

                                       OR

              ( ) Transition Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                        For the Transition period from to

                          Commission file number 0-9311

                     Central Capital Venture Corporation
                     --------------------------------------
             (Exact name of registrant as specified in its charter)

     Nevada                                             87-0269260
   --------------------                                 ----------
(State or other jurisdiction                          (I.R.S. Employer
of incorporation or organization                   Identification Number



  310 Village Park, 2660 Townsgate Road, , CA 91361
  ---------------------------------------------------------------------
  (Address of principal executive offices)       (Zip Code)

                                 (805) 494-4766
                                 --------------
              (Registrant's telephone number, including area code)


                  ---------------------------------------------
(Former  name,  former  address and former  fiscal year,  if changed  since last
report)  Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes (x) No ( )

Indicate  by check mark  whether  the  registrant  has filed all  documents  and
reports  required to be filed by Section 13 or 15(d) of the Securities  Exchange
Act of 1934 subsequent to the  distribution of securities under a plan confirmed
by a court. Yes (X) No ( )

As of September 30, 2000, there were 2,685,224 shares of common stock ($.001 par
value) issued and outstanding.

Total sequentially numbered pages in this document:

                                       1
<PAGE>
Part I. Financial Information                                       Page

            Condensed Statements of Loss and Deficit                  3
            Condensed Balance Sheet                                   4
            Condensed Statement of Cash Flows                         5
            Capital stock                                             6

Item 2. Management's Discussion and Analysis
        of Financial Condition
        and Results of Operations                                     9

Item 3. Quantitative and Qualitative
        Disclosure about Market Risk                                 11

Part II. Other Information                                           12

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

             SIGNATURE                                               12







                                       2
<PAGE>


                          PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS
--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Condensed Statements of Loss and Deficit
(Expressed in United States Dollars)
(Unaudited)

                                  Three Months   Three Months       Fiscal Year
                                         ended          ended             ended
                                 September 30,  September 30,          June 30,
                                          2000           1999              2000
--------------------------------------------------------------------------------
Revenues
   Sales                        $        4,740   $          -      $          -
   Rentals                                   -              -                 -
   Other                                   428              -                 -
                                --------------   ------------      ------------
                                         5,168              -                 -
                                --------------   ------------      ------------
Expenses
   Advertising and promotion                 -             59                 -
   Depreciation                            111              -               221
   Lease payments and service                -            750               250
   Professional fees                     6,391         20,456            42,702
   Rent                                  2,030          1,500             2,400
   Repairs                                 171              -             1,516
   Salaries and benefits                     -         21,000             1,861
   Stationary and office                 2,117            157             3,767
   Telephone                             1,826             90               146
   Travel                                3,679          1,218             4,300
                                --------------   ------------      ------------
                                        16,325         45,230            57,163
                                --------------   ------------      ------------
Net loss                        $      (11,157)  $    (45,230)     $    (57,163)
                                ==============   ============      ============
--------------------------------------------------------------------------------

Loss per share, basic
   and diluted (Note 1)         $       (0.004)                    $     (0.021)
                                ==============                     ============
Weighted average shares,
   basic and diluted                 2,685,224                        2,685,224
                                ==============                     ============
--------------------------------------------------------------------------------
          See accompanying notes to the condensed financial statements.
--------------------------------------------------------------------------------



                                       3
<PAGE>

Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Condensed Balance Sheet
(Expressed in United States Dollars)
(Unaudited)

                                              September 30,             June 30,
                                                       2000                 2000
--------------------------------------------------------------------------------
Assets

Investments                                   $   1,509,928      $    1,509,928
Fixed assets, net of accumulated
  depreciation of $332 (June 30, 2000 - $221)         1,882               1,993
Deposits                                              1,900               2,030
Cash and cash equivalents                            12,228              25,821
                                              -------------      --------------

                                              $   1,525,938      $    1,539,772
                                              =============      ==============
--------------------------------------------------------------------------------
Liabilities

Payables and accruals                         $      23,099      $       25,776

Convertible preferred shares                      1,309,928           1,309,928

Stockholders' Equity
Capital stock (Note 2)                               26,850              26,850
Paid-in capital                                     234,381             234,381
Deficit                                             (68,320)            (57,163)
                                              -------------      --------------
                                                  2,692,911           2,704,068
                                              -------------      --------------

                                              $   1,525,938      $    1,539,772
                                              =============      ==============
--------------------------------------------------------------------------------



          See accompanying notes to the condensed financial statements.






                                       4
<PAGE>
--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Condensed Statement of Cash Flows
(Expressed in United States Dollars)
(Unaudited)
                                      Three Months   Three Months   Fiscal Year
                                             ended          ended         ended
                                     September 30,  September 30,      June 30,
                                              2000           1999          2000
--------------------------------------------------------------------------------
  Cash flows from operating activities
     Net loss                          $   (11,157)   $   (45,230)  $  (57,163)
     Adjustments to reconcile net loss
      from operations to net cash used
      in operating activities
     Depreciation                              111              -          221

     Increase (decrease) in:
       Deposits                                130              -       (1,861)
       Payables and accruals                (2,677)        41,644         2991
                                       -----------    -----------   ----------
  Net cash used in operating               (13,593)        (3,586)     (55,812)
  activities                           -----------    -----------   ----------

  Cash flows from investing activities
    Purchase of fixed assets                     -              -       (1,571)
    Purchase of investments                      -              -     (200,000)
                                       -----------    -----------   ----------
  Net cash used in financing                     -              -     (201,571)
  activities                           -----------    -----------   ----------

Net decrease in cash
  and cash equivalents                     (13,593)        (3,586)    (257,383)

Cash and cash equivalents

   Beginning of period                      25,821          4,018      283,204
                                       -----------    -----------   ----------
   End of period                       $    12,228    $       432   $   25,821
                                       ===========    ===========   ==========
--------------------------------------------------------------------------------
Supplemental schedule of non-cash financing and investing activities:

Issuance of new capital stock                    -              -   $1,588,558
Cancellation of indebtedness                     -              -    1,079,855
--------------------------------------------------------------------------------






          See accompanying notes to the condensed financial statements.


                                       5
<PAGE>
--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Statement of Capital Stock
(Expressed in United States Dollars)
(Unaudited)
September 30, 2000
--------------------------------------------------------------------------------
2.     Capital stock                       Three Months          Fiscal Year
                                                  ended                ended
                                          September 30,             June 30,
                                                  2000                  2000
Authorized:

25,000,000 Common shares
1,000,000 Preferred shares

Issued:
2,685,224 common shares                $         26,850             $ 26,850
                                       ================             ========




--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Notes to the Condensed Financial Statements
(Expressed in United States Dollars)
(Unaudited)
September 30, 2000
--------------------------------------------------------------------------------
1.     General

SIGNIFICANT  ACCOUNTING  POLICIESINTERIM  FINANCIAL  STATEMENTS  -  The  interim
financial statements have been prepared by the Company pursuant to the rules and
regulations of the Securities  and Exchange  Commission  applicable to quarterly
reports on Form 10-Q. The unaudited financial statements reflect, in the opinion
of management,  all adjustments which are of a normal recurring nature necessary
for a fair presentation of the information presented herein. Interim results are
not necessarily indicative of results to be expected for a full fiscal year.

VALUATION OF  INVESTMENTS - Investments  in Preferred  Stock are carried at fair
value with the net change in unrealized appreciation or depreciation included in
the determination of net assets. Cost is used to approximate fair value of these
investments until  significant  developments  affecting an investment  provide a
basis for valuing such investment at a number other than cost.

The fair  value of  investments  for  which no market  exists  and for which our
Evaluation  Committee has determined that the original cost of the investment is
no longer an appropriate valuation will be determined on the basis of procedures
established  in good faith by our Board of Directors.  Valuations  will be based
upon such factors as the financial and/or  operating  results of the most recent
fiscal   period,   the   performance   of  the   company   relative  to  planned
budgets/forecasts,  the issuer's financial condition and the markets in which it
does business, the prices of any recent transactions or offerings regarding such


                                       6
<PAGE>
securities or any proxy  securities,  any available  analysis,  media,  or other
reports or information regarding the issuer, or the markets or industry in which
it operates, the nature of any restrictions on disposition of the securities and
other analytical data. In the case of unsuccessful operations, the valuation may
be based upon anticipated liquidation proceeds.

Because of the inherent  uncertainty  of the valuation of portfolio  securities,
which do not have readily ascertainable market values, the Company's estimate of
fair value may  significantly  differ from the fair market value that would have
been used had a ready market existed for the securities. Appraised values do not
reflect  brokers' fees or other normal  selling costs which might become payable
on  disposition  of such  investments  (See  "Evaluating  Committee" in Bylaw of
Central Capital Venture Corporation, 8-K May 8, 2000 by reference).

Investments  in companies  whose  securities  are publicly  traded are valued at
their quoted market price,  less a discount to reflect the estimated  effects of
restrictions  on  the  sale  of  such  securities  ("Valuation  Discount"),   if
applicable.

Short-term  investments  having  maturities  of 60 days or less  are  stated  at
amortized cost, which approximates fair value. Other fixed income securities are
stated at fair value.  Fair value of these  securities is determined at the most
recent  bid  or  yield  equivalent  from  dealers  that  make  markets  in  such
securities.

INVESTMENT  TRANSACTIONS AND RELATED INVESTMENT INCOME - Investment transactions
are  accounted  for on the  trade  date  (the  date the  order to buy or sell is
executed).  The cost of securities  sold is determined on a first-in,  first-out
basis, unless otherwise specified.  Dividend income on investment  securities is
recorded on the ex-dividend date.  Interest income,  which includes accretion of
discount and amortization of premium, if applicable,  is recorded on the accrual
basis.

CASH  FLOWS - For the  purpose  of the  Statement  of Cash  Flows,  the  Company
considers  all money market and all highly  liquid  temporary  cash  investments
purchased  with  an  original  maturity  of  three  months  or  less  to be cash
equivalents.

RESTRICTED  SECURITIES  - Most,  if not all  securities,  in which  the  Company
acquires as venture capital investments will be restricted securities within the
meaning of the Securities Act of 1933, as amended,  and will not be permitted to
be resold  without  compliance of the  Securities  and Exchange Act.  Thus,  the
Company  will  not  be  permitted  to  resell  portfolio   securities  unless  a
registration  statement  has been declared  effective,  or unless the Company is
able to rely on an available exemption from such registration  requirements.  In
most cases,  the Company will endeavor to obtain from its  Investment  Companies
registration rights pursuant to which the Company will be able to demand that an
Investment  Company  register the securities owned by the Company at the expense
of the Investment Company.  Even if the Investment  Companies bear this expense,
however, the registration of the securities owned by the Company is likely to be
a time  consuming  process,  and the Company  always bears the risk,  because of
these delays, that it will be unable to resell such securities,  or that it will


                                       7
<PAGE>
not be able to obtain an attractive price for the securities,  Additionally, the
Company may never be able to distribute  the  securities  of certain  Investment
Companies to stockholders in certain states because the Investment Companies may
not qualify for registration in those states,  pursuant to each individual state
blue sky laws.

ACCOUNTING  ESTIMATES - The  preparation  of financial  statements in accordance
with  generally  accepted  accounting  principles  requires  management  to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities at the date of the financial statement.  Actual results could differ
from those estimates.

The  unaudited  condensed  financial  statements  have been prepared on the same
basis as the audited  financial  statements  and, in the opinion of  management,
reflect all adjustments  (consisting of normal recurring  adjustments) necessary
for a fair  presentation  for each of the  periods  presented.  The  results  of
operations for interim periods are not  necessarily  indicative of results to be
achieved for full fiscal years.

As contemplated by the Securities and Exchange Commission (SEC) under Rule 10-01
of Regulation S-X, the accompanying  financial  statements and related footnotes
have been condensed and do not contain certain information that will be included
in the Company's annual financial  statements and footnotes thereto. For further
information,  refer to the financial  statements  and related  footnotes for the
fiscal year ended June 30, 2000 included in the Company's  Amended Annual Report
on Form 10-KASB.

Income taxes

Income taxes for the interim  periods were computed using the effective tax rate
estimated to be applicable for the full fiscal year, which is subject to ongoing
review and evaluation by management.

Loss per share

The Company reports loss per share in accordance with the provisions of SFAS No.
128, Earnings Per Share. SFAS No. 128 requires presentation of basic and diluted
earnings per share in conjunction with the disclosure of the methodology used in
computing such earnings per share. Basic loss per share excludes dilution and is
computed by dividing income  available to common shares by the weighted  average
common shares outstanding  during the period.  Diluted loss per share takes into
account the potential dilution that could occur if securities or other contracts
to issue common stock were exercised and converted into common stock.

2. PORTFOLIO INVESTMENTS

During the period ended  September  30, 2000,  the Company  invested  $1,509,928
utilizing the cost method in two  companies  and made no follow-on  investments.
The  individual  equity and  equity-linked  security  holdings of the Company at
September 30, 2000 were comprised of the following investments:

1.  DataNet  Information  Systems,  Inc.;  1,000,000  Common  Shares  valued  at
$1,409,928.00  (based on book value at January 19, 2000 plus cash contributions)
2. Digi Commerce Corporation  4,000,000 Common Shares, valued at $100,000 (based
on cash contribution)

                                       8
<PAGE>
ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

   This report contains certain statements of a forward-looking  nature relating
to future  events or the future  financial  performance  of the  Company and its
investment  portfolio   companies.   Words  such  as  "may,"  "will,"  "expect,"
"believe,"  "anticipate,"  "intend," "could," "estimate," "might," or "continue"
or the  negative  or other  variations  thereof or  comparable  terminology  are
intended to identify forward-looking statements.  Forward-looking statements are
included in this report  pursuant to the "Safe Harbor"  provision of the Private
Securities  Litigation  Reform Act of 1995. Such statements are only predictions
and the  actual  events  or  results  may  differ  materially  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 relating
to investment capital demand, pricing, market acceptance, the effect of economic
conditions,  litigation  and the effect of regulatory  proceedings,  competitive
forces, the results of financing and investing efforts,  the ability to complete
transactions and other risks  identified below or in the Company's  filings with
the  Commission.  Readers are  cautioned  not to place  undue  reliance on these
forward-looking statements,  which speak only as of the date hereof. The Company
undertakes no obligation to publicly revise these forward-looking  statements to
reflect events or  circumstances  occurring  after the date hereof or to reflect
the occurrence of unanticipated  events. The following analysis of the financial
condition and results of operation of the Company  should be read in conjunction
with the  Financial  Statements,  the  Notes  thereto  and the  other  financial
information included elsewhere in this report.

GENERAL INVESTMENT CLIMATE
The overall  investment  climate was generally  volatile in the second  quarter.
Because  of the  continued  volatility  in  the  public  markets,  a  number  of
attractive  companies chose to seek further rounds of venture capital Companying
rather  than risk an  initial  public  offering  (IPO).  Furthermore,  given the
correction in publicly traded  technology  stock prices,  the valuations of many
companies seeking additional financing were reasonable compared to March highs.

Uncertainty  continues  to affect  publicly  traded  technology  stocks,  but we
believe that this uncertainty does not warrant the amount of negative press that
this sector has received from time to time.  In our view,  many  companies  that
received  Companying in 1999 did not have solid business models or survivability
strategies,  and in many cases were  brought to market  prematurely.  We believe
that this trend has now run its course.  We do not  believe,  however,  that the
pace of growth in new technologies and markets is decelerating. To the contrary,
we believe  that it is  accelerating  and that new  markets  are being  created,
leading  to  exciting  investment   opportunities.   Looking  forward,  we  also
anticipate  an  improvement  in the IPO market.  In our opinion,  issues are now
being priced more attractively to encourage investors to revisit technology.

RESULTS OF OPERATIONS

The Company began  operations upon the emergence from a Chapter 11 Proceeding on
May 8, 2000. Its principal  investment objective is the realization of long-term
capital  appreciation from investing  primarily in equity and equity-linked debt
securities  of  private   companies.   Pending  the  completion  of  equity  and


                                       9
<PAGE>
equity-linked  debt  security  investments  that meet the  Company's  investment
objective,  available  Company's  are  invested in  short-term  securities  Bank
guaranteed  Money  Market  accounts.  Due to  the  Company's  limited  operating
history, the Company's financial  performance at September 30, 2000 is primarily
composed of interest  on  temporary  investments,  and  minimal  management  fee
accrual.

LIQUIDITY AND CAPITAL RESOURCES

At September 30, 2000, the Company had $1,509,928 of its net assets  invested in
portfolio securities of two companies, and $12,228 of its net assets invested in
temporary cash investments consisting of Money Market Company's. Current balance
sheet resources are not believed to be sufficient to finance future commitments.

Net cash provided by operating  activities was $5,168 for the three months ended
September 30, 2000.

Net  investment  income  and net  realized  gains  from the  sales of  portfolio
investments  are  intended  to be  distributed  at  least  annually.  Management
believes  that its cash  reserves  and the  ability to sell its  investments  in
publicly traded  securities are not adequate at this time to provide payment for
any expenses and contingencies of the Company.

The Company Management  reserves the right to retain net long-term capital gains
in  excess  of  net  short-term  capital  losses  for  reinvestment  or  to  pay
contingencies and expenses.  Such retained  amounts,  if any, will be taxable to
the Company as long-term  capital gains and  shareholders  will be able to claim
their  proportionate  share of the federal  income  taxes paid by the Company on
such  gains as a credit  against  their  own  federal  income  tax  liabilities.
Shareholders  will also be entitled to increase  the adjusted tax basis of their
Company shares by the difference between their  undistributed  capital gains and
their tax credit.

INVESTMENT INCOME AND EXPENSES

Net Loss after all  expenses  amounted to  $(11,157)  for the three months ended
September 30, 2000 and $(57,163) for the fiscal year ended June 30 2000.

REALIZED GAINS AND LOSSES ON SALES OF PORTFOLIO SECURITIES

The Company  realized no net capital gains or losses from the sale of securities
during the three months ended September 30, 2000.

UNREALIZED APPRECIATION AND DEPRECIATION OF PORTFOLIO SECURITIES

The  Company  had no net  unrealized  appreciation  for the three  months  ended
September 30, 2000.

DIVIDENDS
No dividends were declared for the four months ended September 30, 2000.


                                       10
<PAGE>
PORTFOLIO INVESTMENTS
At September 30, 2000 the cost of equity and equity-linked  security investments
made by the Company to date was $1,509,928 and their aggregate  market value was
unchanged at $1,509,928.  However,  any such pending  transaction  could have an
impact on the  valuation of an  investment,  which may be adjusted  prior to the
transaction being publicly announced or completed.

SUBSEQUENT EVENTS

Prior to October 18, 2000 the  Registrant  and Bernie  Budney,  a Director and a
Director  of  DataNet  Information  Systems,  Inc.  ("DataNet"),  engaged  in  a
disagreement  over several  matters  relating to the  Registrant's  wholly owned
Investee  Company  DataNet.  On October 13, 2000 Mr.  Budney  resigned  from his
position as Director and Executive Vice President of the Registrant. On November
28,  2000 Mr.  Budney was  removed as  President  of DataNet  (US),  however the
Registrant is still  negotiating with Mr. Budney and his legal council as to how
to best handle the  disagreements.  While DataNet is still an operating business
run  by  Mr.  Budney,  the  Registrant  cannot  foresee  the  outcome  of  these
negotiations  at this time.  To date there have not been any law suits  filed by
either party in the negotiations.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

The  Company  is  subject  to  financial  market  risks,  including  changes  in
marketable equity security prices. The Company does not use derivative financial
instruments  to  mitigate  any of  these  risks.  The  return  on the  Company's
investments is generally not affected by foreign currency fluctuations.

Concentrations  of market and credit risk exist with  respect to debt and equity
investments in portfolio companies, which are subject to significant, risk usual
to companies in various stages of start-up.  Generally, there is no ready market
for the Company's investments,  as they are closely held, generally not publicly
traded or, in circumstances  where an investment is publicly traded, the Company
may be subject to certain trading restrictions for a specified period of time.

                                       11
<PAGE>


                           PART II. OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

    (a) Exhibits

              NONE
    (b) During the quarter  ended  September  30, 2000,  the company  filed
        three reports on Form 8-K

    (a) Incorporated by reference to the Registrant's Current Report on Form 8-K
        dated  10-26-2000.
    (b) Incorporated  by  reference  to the  Registrant's
        Current Report on Form 8-K dated 12-05-2000.
    (c) Incorporated by reference to the Registrant's Current Report on Form
        8-KA dated 12-01-2000




                                  EXHIBIT INDEX

Exhibit 27   Financial Data Schedule




        SIGNATURES

         Pursuant to the  requirements  of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.


                                  Central Capital Venture Corporation
                                  -------------------------------------
                                                (Registrant)


Date: Dec 8, 2000 /s/ Rex E Crim
                     --------------------
                     Rex E. Crim, President











                                       12