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 December 31, 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, Westlake Village , 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 December 31, 2000,  there were 2,707,985 shares of common stock ($.001 par
value) issued and outstanding.

Total sequentially numbered pages in this document: 12

                                       1
<PAGE>
Part I. Financial Information                                       Page

            Condensed Statements of Loss and Deficit
            Condensed Balance Sheet
            Condensed Statement of Cash Flows
            Capital stock

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

Item 3. Quantitative and Qualitative
        Disclosure about Market Risk

Part II. Other Information

Item 6. Exhibits and Reports on Form 8-K

             SIGNATURE
                          PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS
--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Condensed Statements of Loss and Deficit
(Unaudited)
                                 Three Months     Three Months    Fiscal Year
                                        ended            ended          ended
                             December 31,2000 December 31,1999   June 30,2000
--------------------------------------------------------------------------------
Revenues
   Sales                         $      2,800    $          -      $         -
   Rentals                                  -               -                -
   Other                                  118               -                -
                                 ------------    ------------      -----------
                                        2,918               -                -
                                 ------------    ------------      -----------
Expenses
   Advertising and promotion                -               -                -
   Depreciation                             -               -              221
   Lease payments and service               -             750              250
   Professional fees                   23,900          29,658           42,702
   Rent                                 4,250           1,500            2,400
   Repairs                                200               -            1,516
   Salaries and benefits                    -          21,000            1,861
   Stationary and office                  711               -            3,767
   Telephone                            1,823             289              146
   Travel                                   -           2,091            4,300
                                 ------------    ------------      -----------
                                       30,884          55,288           57,163
                                 ------------    ------------      -----------
Net loss                         $    (27,996)   $    (55,288)     $   (57,163)
                                 ============    ============      ===========

                                       2
<PAGE>
--------------------------------------------------------------------------------
Loss per share, basic
   and diluted (Note 1)          $      (0.01)                     $    (0.021)
                                 ============                      ===========
Weighted average shares,
   basic and diluted                2,707,985                        2,685,224
                                 ============                      ===========
--------------------------------------------------------------------------------

          See accompanying notes to the condensed financial statements.

--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Condensed Balance Sheet
(Unaudited)
                                               December 31,          June 30,
                                                       2000              2000
--------------------------------------------------------------------------------
Assets

Investments                                    $  1,509,928      $  1,509,928
Fixed assets, net of accumulated
  depreciation of $332 (June 30, 2000 - $221)         1,900             1,882
  September 30, 2000 - $111           $1,990)
Deposits                                              2,030             2,030
Accounts Receivables                                  1,342
Cash and cash equivalents                             4,879            25,821
                                               ------------      ------------

                                               $  1,520,079      $  1,539,772
                                               ============      ============
--------------------------------------------------------------------------------
Liabilities

Payables and accruals                          $     32,622      $     25,776

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

Stockholders' Equity
Capital stock (Note 2)                               26,850            26,850
Paid-in capital                                     240,109           234,381
Deficit                                             (89,430)          (57,163)
                                               ------------      ------------
                                                  1,520,079         1,539,772
                                               ------------      ------------
                                               $  1,520,079      $  1,539,772
                                               ============      ============
--------------------------------------------------------------------------------

          See accompanying notes to the condensed financial statements.

                                       3
<PAGE>
--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Condensed Statement of Cash Flows
(Unaudited)
                                    Three Months   Three Months    Fiscal Year
                                           ended          ended          ended
                                    December 31,   December 31,       June 30,
                                            2000           1999           2000
--------------------------------------------------------------------------------
Cash flows from operating activities
  Net loss                            $ (27,966)   $    (55,288)   $   (57,163)
  Adjustments to reconcile net loss
    from operations to net cash used
    in operating activities
  Depreciation                                -               -            221

  Increase (decrease) in:
    Deposits                             (1,341)              -         (1,861)
    Payables and accruals               (27,718)        (29,566)          2991
                                      ---------    ------------    -----------
  Net cash used in operating             (1,589)        (29,207)       (55,812)
  activities                          ---------    ------------    -----------

Cash flows from investing activities
  Purchase of fixed assets                    -               -         (1,571)
  Purchase of investments                 5,728          29,207       (200,000)
                                      ---------    ------------    -----------
Net cash used in financing                5,728          29,207       (201,571)
activities                            ---------    ------------    -----------

Net decrease in cash
  and cash equivalents                   (7,318)         (3,586)      (257,383)

Cash and cash equivalents

   Beginning of period                   12,198             432        283,204
                                      ---------    ------------    -----------
   End of period                      $   4,879    $         74    $    25,821
                                      =========    ============    ===========
--------------------------------------------------------------------------------
Supplemental schedule of non-cash
 financing and investing activities:

Issuance of new capital stock         $   5,728               -    $ 1,588,558
Cancellation of indebtedness                  -               -      1,079,855
--------------------------------------------------------------------------------

          See accompanying notes to the condensed financial statements.

--------------------------------------------------------------------------------


                                       4
<PAGE>
--------------------------------------------------------------------------------
Central Capital Venture Corporation
(formerly Digital Technologies Media Group, Inc.)
Notes to the Condensed  Financial  Statements
(Expressed in United States Dollars)
December 31, 2000
--------------------------------------------------------------------------------
2.     Capital stock                       Three Months          Fiscal Year
                                                  ended                ended
                                           December 31,             June 30,
                                                   2000                 2000
                                                   ----                 ----
Authorized:

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

Issued:
            2,707,985,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)
December 31, 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
securities or any proxy  securities,  any available  analysis,  media,  or other
reports or information regarding the issuer, or the markets or industry in which


                                       5
<PAGE>
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
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.

                                       6
<PAGE>
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  December  31, 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
December 31, 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) See Exhibit Item 5 attached as too viabilibty of DataNet
         Information  Systems,  Inc.  Investment,   and  any  related  follow-on
         investment.

2.      Digi  Commerce  Corporation  4,000,000 Common Shares, valued at $100,000
         (based on cash contribution)

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

                                       7
<PAGE>
   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
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


                                       8
<PAGE>
history,  the Company's financial  performance at December 31, 2000 is primarily
composed of interest  on  temporary  investments,  and  minimal  management  fee
accrual.

LIQUIDITY AND CAPITAL RESOURCES

At December  31, 2000,  the Company had  $200,000 of its net assets  invested in
portfolio  securities of two companies.  Current balance sheet resources are not
believed to be sufficient to finance future commitments.

Net cash provided by operating  activities was $2,780 for the three months ended
December 31, 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  $(27,966)  for the three months ended
December 31, 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 December, 2000.

UNREALIZED APPRECIATION AND DEPRECIATION OF PORTFOLIO SECURITIES

The  Company  had no net  unrealized  appreciation  for the three  months  ended
December 31, 2000.

DIVIDENDS
No dividends were declared for the four months ended December 31, 2000.


PORTFOLIO INVESTMENTS
At December 31, 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.  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.

                                       9
<PAGE>
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.

A hand written  stipulation  has been signed by both Mr.  Bernie  Budney and Mr.
Leonard Ludwig on January 5, 2001, (as set forth below by  Exhibit)although  the
stipulation  has not yet lead to an  executed  General  Release.  Since  October
DataNet has not paid it's  management fee nor has made the  Registrant  aware of
its  financial  condition.  To date there  have not been any law suits  filed by
either party in the negotiations.

The Registrants Investee Company Digi Commerce Corporation, has opened its first
I Cafe in Telluride  Colorado on February 13 2001. Since the Registrant has been
unsuccessful in raising any additional  investment funds for either its Investee
Companies,  three shareholders of the Registrant  invested capital consisting of
personal guarantees and cash contributions so as to open the I Cafe.


The  Registrant  has entered into two separate  letters of Intent to acquire (1)
CareDecision.Net,  Inc.  for  300,000  Common  Shares  of  Stock  and  a  95,000
Convertible  Series B Preferred,  and (2) PayMD.com for 300,000 Common Shares of
Stock and 175,000  Convertible  Series B Preferred Shares. The letters of Intent
to acquire is  conditional  on among other  things an amicable  settlement  with
DataNet Information Systems, Inc. as described above.

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.











                                       10
<PAGE>
                           PART II. OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

              NONE

(a) Exhibits
                                  EXHIBIT INDEX


Exhibit 10   Item 5 Other Events

                       Hand Written Stipulation Agreement  of Leonard Ludwig and
                       Bernie Budney


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 16, 2000 /s/ Rex E Crim
                     --------------------
                     Rex E. Crim, President















                                       11