U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-KSB

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

                   For the fiscal year ended December 31, 2000
                         Commission file number 0-28417

                            GoThink.com, Incorporated
                 (Name of Small Business Issuer in its Charter)

             Nevada                                           87-6121862
 (State or Other Jurisdiction of                           (I.R.S. Employer
  Incorporation or Organization)                          Identification No.)

              230 Lookout Place, Suite 200, Maitland, Florida 32751
               (Address of Principal Executive Offices) (Zip Code)

                                 (407) 468-0599
                           (Issuer's Telephone Number)

                    Securities registered under Section 12(b)
                                of the Act: None

                  Securities registered under Section 12(g) of
                               the Exchange Act:
                          Common Stock, Par Value $.01
                                (Title of Class)

Check  whether the issuer (1) 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 for the past 90 days. Yes [X] No [ ]

Check if there is no disclosure of delinquent  filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure  will be contained,  to
the best of the  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 Form 10-KSB. [X]

State issuer's revenues (net loss) for its most recent fiscal year. ($67,552)

State the  aggregate  market  value of the voting  stock held by  non-affiliates
computed by reference  to the price at which the stock was sold,  or the average
bid and asked  prices of such stock,  as of a specified  date within the past 60
days. N/A

                   (APPLICABLE ONLY TO CORPORATE REGISTRANTS)

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: March 31, 2001:  24,654,166 shares of
Common Stock.

                       DOCUMENTS INCORPORATED BY REFERENCE
- None -

Transitional Small Business Disclosure Format (Check One)
Yes [ ]    No [X]


<PAGE>

                                Table of Contents


PART I

Item 1.           Description of Business                                      2

Item 2.           Description of Property                                      2

Item 3.           Legal Proceedings                                            3

Item 4.           Submission of Matters to a Vote of
                  Security Holders                                             3

PART II

Item 5.           Market for Common Equity and Related
                  Stockholder Matters                                          4

Item 6.           Management's Discussion and Analysis                         4

Item 7.           Financial Statements                                         5

Item 8.           Changes in and Disagreements With
                  Accountants on Accounting and Financial
                  Disclosure                                                   6

PART III

Item 9.           Directors, Executive Officers, Promoters
                  and  Control Persons; Compliance With Section
                  16(a) of the Exchange Act                                    7

Item 10. Executive Compensation                                                7

Item 11. Security Ownership of Certain Beneficial
         Owners and Management                                                 8

Item 12. Certain Relationships and Related Transactions                        8

Item 13. Exhibits, Lists and Reports on Form 8-K                               8





<PAGE>
                                     PART I

Item 1.           Description of Business

     There is a substantial  doubt concerning the Company's  ability to continue
as a going concern,  as indicated by the losses incurred by the Company revealed
by the  accompanying  financial  information in this disclosure  document and as
noted herein.  The Company has operated at a loss during 2000,  and  anticipates
continuing   to  operate  at  a  loss.   There  is  currently  no  prospect  for
profitability from current operations.  Except for the influx of working capital
in exchange for common  stock,  the Company would not have been able to continue
operations.

     The Company was originally organized on July 30, 1954, pursuant to the laws
of the State of Utah, with the original charter issued to Bapco Uranium and Oil,
Inc. The Company was known as  Southwest  Border  Corporation  from 1988 through
1993 and,  in 1993,  combined  with EFO  Technologies,  Inc.  As a result of the
combination, the Company changed its name to EFO, Inc. and changed its' state of
incorporation  from Utah to Nevada. The present management of the Company has no
personal knowledge of operations of the Company prior to February, 1999.

     Effective  February 16, 1999, the Company  acquired 100% of the outstanding
common stock of Southern Educational  Alliance,  Inc. ("SEA") d/b/a GoThink Tech
for  1,325,000  newly  issued  common  shares of the  Company.  In June 1999 the
Company changed its name to GoThink.com, Incorporated.

     Effective  September 30, 1999, the Company sold all of its stock in GoThink
Tech to a former shareholder and officer.  In exchange for its stock and $10,000
cash,  the Company  received  2,825,000  shares of its common  stock,  which was
recorded as treasury stock in the accompanying financial statements. On the date
of sale,  GoThink Tech had little or no equity and the stock returned had a fair
value of approximately $319,000.

     Since selling its  wholly-owned  interest in GoThink Tech,  the Company has
had very  little  business  activity  with the  exception  that the  Company has
engaged in consulting  and assisting a few companies in developing and marketing
a web presence. Since spending on internet development has slowed so drastically
in this  country  during the past few  months,  the  Company has had very little
revenue from this business  activity.  It is actively  involved in restructuring
itself into a position where it can attract  either some new investment  capital
or some strategic merger or acquisition candidates to help relaunch its business
efforts.

Item 2.           Description of Property

     The Company maintains an office at 230 Lookout Place,  Suite 200, Maitland,
Florida 32751. The Company occupies this space at no expense.


                                       2
<PAGE>

Item 3.           Legal Proceedings

         None.

Item 4.           Submission of Matters to a Vote of Security Holders

     The Company has not submitted any matters to a vote of the security holders
during  the  year  ended  December  31,  2000.  However,  the  Company  filed an
Information  Statement with the Securities and Exchange  Commission on March 12,
2001, in connection with the proposed  adoption of an amendment to the Company's
Articles  of  Incorporation  (the  "Amendment")  by the  written  consent of the
holders of a majority in interest of the Company's voting capital stock ("Voting
Capital Stock")  consisting of the Company's  outstanding  Common Stock ("Common
Stock"). The purpose of filing the Amendment is to:

o       change  the  name  of  the  Company from  "GoThink.com, Incorporated" to
        "Knowledge Transfer Systems, Inc." ("Name Change"),

o       effect  a  1  for  100  reverse stock split of the Company's outstanding
        Common Stock (the "Reverse Stock Split"),

o       increase  the  Company's  authorized  common  stock  from 50,000,000  to
        100,000,000 ("Common Stock Increase") and

o       authorize "blank  check"   preferred  stock   consisting  of  10,000,000
        "blank check preferred shares"("Authorize Blank Check Preferred Stock").

     The  Company's  Board of Directors  and majority  shareholders  on March 9,
2001,  approved and recommended that the Articles of Incorporation be amended in
order to effectuate the Name Change, Reverse Stock Split, Common Stock Increase,
and Authorize Blank Check Preferred  Stock.  The proposed  Amendment will become
effective  upon the filing of the  Amendment  with the Secretary of State of the
State of Nevada.  The Company  anticipates that the filing of the Amendment will
occur on or about April 26, 2001. If the proposed  Amendment were not adopted by
written  consent,  it would have been required to be considered by the Company's
shareholders  at a  special  shareholders'  meeting  convened  for the  specific
purpose of approving the Amendment.  Shareholders  will be furnished with a copy
of the  Information  Statement,  but will not be  entitled to vote on any of the
proposals.

                                       3
<PAGE>

                                     PART II

Item 5.           Market for Common Equity and Related Stockholder Matters

     The principal market for the Company's  securities was the NASDAQ "Over the
Counter  Bulletin Board" system  ("OTC:BB").  The Company was de-listed from the
OTC:BB in 1999 and now trades on the Pink Sheets.  The symbol for the  Company's
stock is "TNKC."

     There is currently a limited  market for the Company's  common  stock.  The
trading market, if any, is thin. There is no historical bid or ask price for the
last two years.

     As of the date of this report there were  approximately  23, 529,166 shares
of common stock outstanding. There were also approximately 1,120 shareholders.

     No  cash  dividends  have  been  declared  by  the  Company  and  none  are
anticipated.

Other Matters

         None.

Item 6.           Management's Discussion and Analysis

Overview

     The Company currently has no marketing program, no products,  one customer,
no  clients,  no  advertising  program  and only one  employee,  the  president,
Jennifer L. Brenner. Ms. Brenner does not devote all of her time to the Company,
and receives no salary or benefits. Ms. Brenner is also the sole director of the
Company.  Ms.  Brenner  has no relevant  experience  in the  Company's  internet
consulting operations.  The Company does not plan to add staff or contract labor
to implement its intended plan of operations.

     The  Company  has a minimum of  available  funds as shown in the  financial
statements.  It is uncertain  whether the Company can  generate  revenue with an
uncertain  business  plan and only one  employee.  The  Company  has no lines of
credit ability to obtain credit, and no property for collateralizing any loan.

     The Company's  prior revenue  history is not an indication of the Company's
future  revenues,  as the subsidiary  that provided those revenues has been sold
and the  Company  has no present  operations  beyond  the intent to consult  and
contract  with,  on a fee basis,  clients and  customers in an attempt to assist
them in utilizing the Internet in their businesses.

     The  Company  does not  presently  engage  in any  business  operations  in
connection  with  its  former  subsidiaries,  Internet  Presentations,  Inc.  or
Southern Education Alliance, Inc. and has no plans to do so in the future.

                                       4
<PAGE>

Results of Operation

     The Company has  experienced net losses of $67,552 and $358,362 for the two
years  ending  December  31, 2000 and 1999,  respectively.  Sales have  declined
significantly in 2000 and 1999, and there is a stockholders'  deficit of $57,560
at December 31, 2000. Additionally, the Company sold its operating subsidiary in
September,  1999.  These  matters  raise  substantial  doubt about the Company's
ability to continue as a going concern.

     The Company had net sales for the year ended  December  31, 2000 of $30,000
as compared to $116,617  for the year ended  December  31,  1999,  a decrease of
$86,617. The decrease was due to the sale of the Company's operating subsidiary.

Liability and Capital Resources

     Cash and short term  investments  amounted to $508 at December  31, 2000 as
compared to $319 at December  31, 1999.  The Company  operated at a loss in 2000
and had  minimal  operational  activities  in  2000.  Working  capital  has been
provided over the latter half of 1999 and in 2000 from its majority stockholder,
Blue Ridge Finance Company, Inc. (Blue Ridge).

     There are no material commitments for capital expenditures or any long
term credit arrangements as of December 31,2000.  Short term working capital has
been provided by Blue Ridge.


Item 7.           Financial Statements

     The required financial  statements are included in this report,  commencing
on page F-1.


                                       5
<PAGE>

                            GOTHINK.COM, INCORPORATED
                                 AND SUBSIDIARY

                                Table of Contents





     Independent Auditors' Report............................................F-1
     Financial Statements:
      Consolidated Balance Sheet.............................................F-2
      Consolidated Statements of Operations..................................F-3
      Consolidated Statements of Stockholders' Deficit.......................F-4
      Consolidated Statements of Cash Flows..................................F-5
     Notes to Financial Statements...........................................F-6


<PAGE>


                          Independent Auditors' Report



The Board of Directors
GoThink.Com, Incorporated and Subsidiary

We have audited the  accompanying  consolidated  balance  sheet of  GoThink.Com,
Incorporated and Subsidiary as of December 31, 2000 and the related consolidated
statements  of  operations,  stockholders'  deficit,  and cash flows for the two
years then ended. These consolidated financial statements are the responsibility
of the  Company's  management.  Our  responsibility  is to express an opinion on
these consolidated financial statements based on our audits.

We  conducted  our  audits  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 audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above, present
fairly,  in all  material  respects,  the  financial  position  of  GoThink.Com,
Incorporated  and  Subsidiary as of December 31, 2000,  and the results of their
operations and their cash flows for the two years then ended in conformity  with
generally accepted accounting principles.

The accompanying  consolidated  financial statements have been prepared assuming
that the Company will continue as a going concern. As discussed in note 3 to the
consolidated  financial  statements,  the Company has  experienced net losses of
$67,552  and  $358,362  for the two years  ending  December  31,  2000 and 1999,
respectively. Sales have declined significantly in 2000 and 1999, and there is a
stockholders' deficit of $57,560 at December 31, 2000. Additionally, the Company
sold  its  operating   subsidiary  in  September,   1999.  These  matters  raise
substantial  doubt about the Company's  ability to continue as a going  concern.
The  accompanying   consolidated   financial   statements  do  not  include  any
adjustments  relating to the recoverability and classification of asset carrying
amounts or the amount and classification of liabilities that might result should
the Company be unable to continue as a going concern.


                                        /S/Parks, Tschopp, Whitcomb, & Orr, P.A.



February  19, 2001
Maitland, Florida


                                      F-1
<PAGE>
                     GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                           Consolidated Balance Sheet

                                December 31, 2000



                                     Assets

Current assets:
       Cash                                                  $              508
                                                             ===================



                      Liabilities and Stockholder's Equity

Current liabilities:
       Accounts payable and accrued expenses                 $           35,077
       Advances from related party (note 5)                              22,991
                                                             -------------------
          Total current liablities                                       58,068
                                                             -------------------

Stockholders' deficit:
       Common stock, $.01 par value authorized 50,000,000
          shares, issued and oustanding 24,654,166 shares               246,542
       Treasury stock, 1,125,000 shares, at cost (note 4)              (127,070)
       Additional paid-in capital                                       421,340
       Stock subscription receivable (note 5)                          (160,600)
       Accumulated deficit                                             (437,772)
                                                             -------------------

          Total stockholders' deficit                                   (57,560)
                                                             -------------------


                                                             $              508
                                                             ===================







See accompanying notes to consolidated financial statements.

                                       F-2

<PAGE>
<TABLE>
<CAPTION>
                                GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                                 Consolidated Statements of Operations

                                 Years Ended December 31, 2000 and 1999

                                                                      2000                    1999
                                                                ------------------      ------------------
<S>                                                             <C>                     <C>
Net sales                                                       $          30,000                 116,617

Operating expenses                                                         97,552                 571,866
                                                                ------------------      ------------------

    Operating loss                                                        (67,552)               (455,249)

Other expense
  Bad debt - related party (note 5)                                             -                (201,109)
  Gain from sale of subsidiary (note 4)                                         -                 250,140
  Interest expense                                                              -                       -
  Acquisition costs (note 9)                                                    -                (619,121)
                                                                ------------------      ------------------

    Loss before income taxes and extraordinary item                       (67,552)             (1,025,339)

    Income tax expense (note 6)                                                 -                       -
                                                                ------------------      ------------------

      Loss before extraordinary item                                      (67,552)             (1,025,339)

    Extraordinary item:  Gain from debt restructuring (note 5)                  -                 666,977
                                                                ------------------      ------------------

      Net loss                                                  $         (67,552)               (358,362)
                                                                ==================      ==================

Loss per share of common stock                                  $               -                   (0.04)
                                                                ==================      ==================

Weighted average number of shares outstanding                          18,160,592               9,787,360
                                                                ==================      ==================




See accompanying notes to consolidated financial statements.
</TABLE>
                                      F-3
<PAGE>
<TABLE>
<CAPTION>
                                             GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                                            Consolidated Statements of Stockholders' Deficit



                                              Years Ended December 31, 2000 and 1999

                                     Common Stock          Treasury Stock
                               ----------------------- -----------------------
                                                                               Additional                  Stock
                                Number of               Number of               Paid-in    Accumulated  Subscription   Stockholders'
                                 Shares     Par Value    Shares        Cost     Capital      Deficit     Receivable       Deficit
                               ----------- ----------- -----------  ---------- ----------  -----------  -------------  -------------

<S>                             <C>        <C>         <C>          <C>        <C>         <C>          <C>             <C>
Balance at December 31, 1998     3,285,385  $  32,854          -           -     (28,677)    (11,858)              -         (7,681)

Net loss for the year ended
  December 31, 1999                      -          -          -           -           -    (358,362)              -       (358,362)

Shares issued for cash          12,968,000     29,680          -           -     744,676           -        (160,600)       713,756

Shares issued for assets,
  services and debt retirement   2,942,631     29,426          -           -     177,238           -               -        206,664

Acquisition of subsidiary                -          -          -           -    (275,385)          -               -       (275,385)

Sale of subsidiary                       -          -  2,825,000    (319,000)          -           -               -       (319,000)

                               -----------  --------- -----------  ----------  ----------  ----------   -------------  -------------
Balances at December 31, 1999   19,196,016    191,960  2,825,000    (319,000)    617,852    (370,220)       (160,600)       (40,008)

Net loss for the year ended
  December 31, 2000                      -          -          -           -           -     (67,552)              -        (67,552)

Shares issued for cash           5,458,150     54,582          -           -      (4,582)          -               -         50,000

Treasury shares reissued                 -          - (1,700,000)    191,930    (191,930)          -               -              -
                               -----------  --------- -----------  ----------  ----------  ----------   -------------  -------------

Balances at December 31, 2000   24,654,166  $ 246,542  1,125,000    (127,070)    421,340    (437,772)       (160,600)       (57,560)
                               ===========  ========= ===========  ==========  ==========  ==========   =============  =============



See accompanying notes to consolidated financial statements.
</TABLE>
                                                                  F-4

<PAGE>
<TABLE>
<CAPTION>
                                   GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                                     Consolidated Statements of Cash Flows

                                    Years Ended December 31, 2000 and 1999

                                                                              2000                1999
                                                                        -----------------   -----------------
<S>                                                                     <C>                 <C>
Cash flows from operating activities:
   Net loss                                                             $        (67,552)           (358,362)
   Adjustments to reconcile net loss to net cash
     used by operating activities:
       Depreciation and amortization                                                   -               7,643
       Issuance of common stock for services                                           -             206,664
       Acquisition of subsidiary                                                       -            (275,385)
       Sale of subsidiary                                                              -            (319,000)
       Cash provided by (used for) changes in:
         Accounts receivable                                                           -              22,400
         Accounts payable                                                           (250)             77,017
         Advance from affiliated party                                            17,991                   -
         Deferred revenue                                                              -             (10,000)
                                                                        -----------------   -----------------
           Net cash used in operating activities                                 (49,811)           (649,023)
                                                                        -----------------   -----------------

Cash flows from investing activities:
   Purchase of equipment                                                               -             (23,542)
   Purchase of treasury shares                                                         -                   -
                                                                        -----------------   -----------------
           Net cash used in investing activities                                       -             (23,542)
                                                                        -----------------   -----------------

Cash flows for financing activities:
   Loan repayments                                                                     -             (40,000)
   Proceeds from issuance of common stock                                         50,000             713,756
                                                                        -----------------   -----------------
           Net cash provided by financing activities                              50,000             673,756
                                                                        -----------------   -----------------

           Net increase (decrease) in cash                                           189               1,191

Cash at beginning of year                                                            319                (872)
                                                                        -----------------   -----------------
Cash at end of year                                                     $            508                 319
                                                                        =================   =================

Supplemental disclosures:
       Cash paid during the year for:
          Interest                                                      $              -                   -
                                                                        =================   =================

          Income taxes                                                  $              -                   -
                                                                        =================   =================




See  accompanying notes to consolidated financial statements.
</TABLE>


                                                       F-5

<PAGE>


                    GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                   Notes to Consolidated Financial Statements

                           December 31, 2000 and 1999

(1)  Summary of Significant Accounting Policies

     (a) Principles of Consolidation and Basis of Presentation

     The accompanying  consolidated  financial  statements include the financial
     statements of GoThink.Com,  Incorporated (the Company) and its wholly owned
     subsidiary,  Southern Educational Alliance, Inc. ("SEA") d/b/a GoThink Tech
     (GTT). All significant  intercompany  balances and  transactions  have been
     eliminated in consolidation.

     Effective  February 16, 1999, the Company  acquired 100% of the outstanding
     common  stock  of SEA for  1,325,000  newly  issued  common  shares  of the
     Company.  Effective September,  1999, the Company sold its interest in SEA.
     (See note 4.)

     The acquisition of SEA was treated as a reverse  acquisition of the Company
     by SEA. In a reverse acquisition,  the shareholders' equity of the acquirer
     prior to the merger is retroactively  restated for the equivalent number of
     shares  received in the merger after giving effect to any difference in par
     value of the issuer's and acquirer's stock recognized as additional paid-in
     capital.  All share and per share  information  has been  presented  in the
     accompanying   consolidated   financial   statements   as  if  the  reverse
     acquisition  and  recapitalization  has occurred on September 1, 1996,  the
     inception date of SEA and its predecessor entities.

     (b) Dividend Policy

     The Company has not yet adopted any policy regarding payment of dividends.

     (c) Revenue Recognition

     Revenue is recognized as services are rendered.

     (d) Allowance for Uncollectible Accounts

     The Company  provides an allowance for  uncollectible  accounts  based upon
     prior  experience  and  management's  assessment of the  collectability  of
     existing accounts.

     (e) Cash and Cash Equivalents

     For financial statements purposes,  the Company considers all highly liquid
     investments  with an  original  maturity  of  three  months  or  less  when
     purchased to be cash equivalents. (Continued)

                                       F-6
<PAGE>

                    GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                   Notes to Consolidated Financial Statements



(1)  Summary of Significant Accounting Policies

     (f)        Income Taxes

     Deferred  tax  assets and  liabilities  are  recognized  for the future tax
     consequences  attributable to temporary  differences  between the financial
     statements  carrying  amounts of existing  assets and liabilities and their
     respective  tax  bases and  operating  loss and tax  credit  carryforwards.
     Deferred tax assets and  liabilities  are measured  using enacted tax rates
     expected to apply to taxable  income in the years in which those  temporary
     differences  are expected to be recovered or settled.  Changes in tax rates
     are recognized in the period that includes the enactment date.

     (g)        Property and Equipment

      Property and  equipment  are stated at cost.  Furniture  and equipment are
      depreciated using the straight-line  method over the estimated lives (five
      to seven years) of the assets.  Leasehold  improvements are amortized on a
      straight-line  basis over the shorter of the lease term or the useful life
      of the asset.

      (h)       Use of Estimates

      The  preparation  of financial  statements  in conformity  with  generally
      accepted  accounting  principles requires management to make estimates and
      assumptions that affect the reported amounts of assets and liabilities and
      disclosure  of  contingent  assets  and  liabilities  at the  date  of the
      financial  statements.  Estimates  also  affect  the  reported  amounts of
      revenues and expenses  during the reporting  period.  Actual results could
      differ from those estimates.

     (i)        Credit Risks

      Financial   instruments   which   potentially   subject   the  Company  to
      concentrations  of credit risk consist  principally  of trade accounts and
      notes  receivable.  The Company sells its products to customers,  at times
      extending  credit for such  sales.  Exposure to losses on  receivables  is
      principally  dependent on each  customer's  financial  condition and their
      ability to  generate  revenue  from the  Company's  products.  The Company
      monitors its  exposure  for credit  losses and  maintains  allowances  for
      anticipated losses.


                                                                     (Continued)


                                       F-7
<PAGE>



                    GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                   Notes to Consolidated Financial Statements



(2)     Organization and History

The  Company  was  originally  organized  on July 30, 1954 under the laws of the
State of Utah as Bapco Uranium and Oil,  Inc. and was known as Southwest  Border
Corporation  from 1988 through  1993.  In 1993,  in  connection  with a business
combination with EFO Technologies,  Inc.,  Southwest Border Corporation  changed
its name to EFO,  Inc.  and  changed  its  state of  incorporation  from Utah to
Nevada.

On February 18,  1999,  the Company  sold EFO  Technologies,  Inc. for a nominal
amount.  The buyer also  received  an option to  purchase  20,000  shares of the
Company's  restricted stock within thirty days of the agreement for $10.00.  The
Company  also  agreed  to  indemnify  the  buyer  from  any  and all  claims  or
liabilities in connection with the buyer's purchase of the stock of EFO.

On February 16, 1999, the Company agreed in principal to issue 2,650,000  shares
of its common stock to acquire two subsidiaries,  Internet  Presentations,  Inc.
("IPI")  and SEA.  The stock was issued on April 8, 1999 in  addition to 350,000
shares for fees related to the transaction. SEA was incorporated on December 10,
1998 to continue the activities of Southwest  Medical Academy which had operated
as a sole  proprietorship.  SEA  subsequently  changed its name to GoThink Tech,
Inc. (GTT).

Subsequent  to issuing  the stock to acquire  IPI,  the  company  rescinded  the
acquisition  of IPI.  The  Company  cancelled  1,325,000  shares  issued  in the
transaction  and issued 200,000 shares of its stock to the principal of IPI. The
principal of IPI also received options to purchase the Company's common stock as
follows:

                                                         Option Price
     Exercise Date                Shares                   per Share
   -------------------      -------------------      --------------------
   August 1, 2000                      50,000                $     1.00
   February 1, 2001                    50,000                      1.50
   August 1, 2001                      50,000                      2.00
   February 1, 2002                    50,000                      2.50

All  options  expire  within one  hundred  eighty  (180) days of the last listed
exercise date.

On March 3, 1999 the Company changed its name to Think!.Com  Incorporated and on
June 10, 1999 the name was changed to GoThink.Com, Incorporated.



                                                                     (Continued)
                                       F-8
<PAGE>


                    GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                   Notes to Consolidated Financial Statements

(3)     Going Concern

The Company's  consolidated  financial statements have been presented on a going
concern  basis  which  contemplates  the  realization  and the  satisfaction  of
liabilities in the normal course of business. As more fully described below, the
liquidity of the Company has been adversely  affected by significant losses from
operations.  The Company  reported  net losses of $67,552 and  $358,362  for the
years ended  December 31, 2000 and 1999,  respectively.  Additionally,  revenues
have decreased  approximately 66 percent in 2000 compared to 1999 and there is a
stockholders' deficit of $57,560 at December 31, 2000.

These  conditions,  in addition  to the sale of SEA (See note 4), the  Company's
operating  subsidiary,  raise  substantial  doubt about the Company's ability to
continue as a going concern  without  additional  capital  contributions  and/or
achieving profitable operations.  Management's plans are to develop new products
or to acquire new products through acquisitions.  There can be no assurance that
the Company will be successful in accomplishing its objectives.

(4)     Sale of Subsidiary

Effective  September 30, 1999, the Company sold all of its stock in GoThink Tech
to a former shareholder and officer. In exchange for its stock and $10,000 cash,
the Company received 2,825,000 shares of its common stock, which was recorded as
treasury stock in the accompanying  financial  statements.  On the date of sale,
GTT had  little  or no  equity  and  the  stock  returned  had a fair  value  of
approximately  $319,000. The results of operations through September 30, 1999 of
GTT have been included in the accompanying financial statements.

(5)     Related Party Transactions

In 1999,  the Company  recorded bad debt expense of  $201,109,  representing  an
uncollectible  receivable from IPI, which  represents cash advances and expenses
paid on its behalf by the Company prior to rescinding  the  acquisition  of IPI.
(See note 2)

The  Company  recorded   $666,977  as  an  extraordinary   income  item  in  the
accompanying  financial  statements.   This  was  primarily  as  result  of  the
forgiveness  of debt owed to former  officers of EFO.  Subsequent to the reverse
acquisition,  they sold all of their stock in the Company to an unrelated  party
and stated in separate  agreements that they had no future claims or interest in
the  Company.  They had not been  officers  for at least two years  prior to the
reverse acquisition.

In October 1999, the Company recorded a subscription receivable of $160,600 from
the majority  shareholder,  resulting from the purchase by the shareholder of an
additional  10,000,000 shares of common stock for $200,000. In 1999, the Company
received $39,400, and the remainder is due on or before December 31, 2001.

At December 31, 2000, the Company  recorded net advances from a related party of
$22,991.  The advances are non-interest  bearing and due on demand. In addition,
all sales in 2000 are from a consulting contract with the majority shareholder.

                                       F-9
<PAGE>

                    GOTHINK.COM, INCORPORATED AND SUBSIDIARY

                   Notes to Consolidated Financial Statements

(6)     Income Taxes

At December 31, 2000, the Company had approximately  $2,000,000 of net operating
losses for  financial  statement  and income tax  purposes  which will expire in
varying amounts commencing in 2007 through 2020. A valuation  allowance equal to
the tax benefit of the net  operating  losses has been  established  since it is
uncertain that future taxable  income will be realized  during the  carryforward
period.  Accordingly,  no  income  tax  provision  has  been  recognized  in the
accompanying financial statements.

(7)     Lease Obligation

At December 31, 2000, the Company had no lease obligations.

(8)     Earnings (loss) per Share

Earnings  (loss)  per share of common  stock in 2000 and 1999 were  based on the
weighted average number of shares outstanding during those periods, after giving
effect to a 1:100 reverse stock split effective March 24, 1999 and retroactively
applied.  Common  stock  equivalents  resulting  from the  issuance of the stock
options  have not been  included  in the per  share  calculations  because  such
inclusion would be anti-dilutive.

(9)     Goodwill

The  Company  recorded  goodwill  in the amount of  $619,121  as a result of the
reverse  acquisition  of SEA.  Goodwill  would  ordinarily  be  capitalized  and
amortized as expense over its  estimated  useful life.  During 1999,  management
determined  that  this  asset had been  impaired  and  ascribed  no value to the
goodwill. Accordingly, the $619,121 was expensed entirely in 1999.



                                       F-10
<PAGE>

Item 8.           Changes  in  and Disagreements with  Accountants on Accounting
                  and Financial  Disclosure

     The Company  appointed the firm of Parks,  Tschopp,  Whitcomb & Orr,  P.A.,
Suite 2600, Maitland Center Pkwy, Maitland, Florida 32751-7221, as its
Independent  Accountants,  effective  as of May 23, 2000.  Smith & Company,  the
Company's  prior  Independent  Accountants,  who are  located in Salt Lake City,
Utah, were dismissed  effective as of May 23, 2000.  There were no disagreements
between  the  Company  and Smith & Company.  The change was made by the Board of
Directors who felt it made sense to have their auditor located in Florida.

     The report of Smith & Company on the financial statements of the Registrant
for calendar years ended December 31, 1998 and 1999 and for the six months ended
June 30, 1999 did not contain any adverse  opinion or  disclaimer of opinion and
were not qualified or modified as to audit scope or accounting  principles.  The
report did contain a going concern paragraph.


     During the  Registrant's  most two recent  fiscal years and all  subsequent
interim periods preceding the change in auditors, there was no disagreement with
Smith & Company on any matter of accounting  principles or practices,  financial
statement disclosure,  or auditing scope or procedure,  which if not resolved to
the satisfaction of Smith & Company,  would have caused them to make a reference
to the subject matter of the disagreements in connection with their report;  nor
has Smith & Company ever presented a written report,  or otherwise  communicated
in writing to the  Registrant  or its Board of  Directors  the  existence of any
"disagreement"  or  "reportable  event"  within  the  meaning  of  Item  304  of
Regulation S-K.



                                       6
<PAGE>

                                    PART III

Item 9.           Directors,  Executive Officers, Promoters and Control Persons;
                  Compliance with Section 16(a) of the Exchange Act

         The directors of the Company are the following:

Name                        Age                 Position

Jennifer Brenner            25                  President and Director

     Jennifer   Brenner  -  Jennifer  Brenner  is  currently  the  president  of
GoThink.com,  Incorporated  and has been since 1999.  From 1997 through 1999 she
served as executive vice president of Blue Ridge Finance  Company Inc. From 1995
through 1998 she worked for Fortune Financial Systems, Inc. Ms. Brenner attended
college at the University of Central Florida.

     The terms of office for the  officers  and  directors  of the  Company  are
annually  for  directors  and at the  pleasure  of the  Board of  Directors  for
officers.  Blue Ridge Finance Company, Inc. controls a majority of voting common
shares in the Company  and will  control  the  composition  of the Board and the
election of its' members by virtue of the agreement between the Company and Blue
Ridge.

     There are no other "significant employees" whom the Company expects to make
a   significant   contribution   to  the   business  and  there  are  no  family
relationships.

Item 10.          Executive Compensation

     The Company's  executive  officer,  Jennifer  Brenner,  is not compensated.
However,  she may be awarded additional shares of stock in the Company to ensure
her  continued  employment  and  affiliation  with the Company.  She receives no
bonuses  and no  bonus  plan is in  place  in the  Company.  There  are no other
individuals who are executive officers.

     There is no stock appreciation plan (SAR) in place in the Company. There is
no long term compensation plan in place in the Company.  The executive  officers
do not hold and are not  compensated  by warrants or options in the stock of the
Company.


                                       7
<PAGE>

Item 11. Security Ownership of Certain Beneficial Owners and Management

     The following  table sets forth Common Stock  ownership  information  as of
March 29,  2001,  with respect to (i) each person known to the Company to be the
beneficial  owner of more  than 5% of the  Company's  Common  Stock;  (ii)  each
director of the Company;  (iii) each person  intending to file a written consent
to the  adoption of the  Amendment  described  herein;  and (iv) all  directors,
executive  officers and designated  shareholders of the Company as a group. This
information  as to  beneficial  ownership  was furnished to the Company by or on
behalf of the persons named. Unless otherwise indicated, the business address of
each person listed is 230 Lookout  Place,  Suite 200,  Maitland,  Florida 32751.
Prior to the Reverse Stock Split,  there are  23,529,166  shares of Common Stock
outstanding.  After  giving  effect to the  reverse  stock  split  there will be
235,292 shares of Common Stock outstanding.
<TABLE>
<CAPTION>

                                            Shares                Percent           Shares             Percent
                                         Beneficially            of Class        Beneficially         of Class
                                          Owned Prior           Owned Prior          Owned              Owned
                                          to Reverse            to Reverse       After Reverse      After Reverse
Name                                      Stock Split           Stock Split       Stock Spilt        Stock Split
----                                    -------------           -----------     --------------      -------------
<S>                                     <C>                     <C>              <C>                <C>
Blue Ridge Finance Company, Inc.*         12,130,000                51.6%            121,300             51.6%
John S. Schoene                            5,018,000                21.3%             50,180             21.3%
Jennifer Brenner                             518,000                 2.2%              5,180              2.2%
All executive officers and
  directors as a group
  (1 person)                                 518,000                 2.2%              5,180              2.2%
</TABLE>

*James S. Byrd is the beneficial shareholder of Blue Ridge Finance Company, Inc.

Item 12.          Certain Relationships and Related Transactions

     In October 1999, the Company recorded a subscription receivable of $160,600
from the majority shareholder, resulting from the purchase by the shareholder of
an  additional  10,000,000  shares of common stock for  $200,000.  In 1999,  the
Company  received  $39,400,  and the remainder is due on or before  December 31,
2001.

     At December 31,  2000,  the Company  recorded  net advances  from a related
party of $22,991.  The advances are non-interest  bearing and due on demand.  In
addition,  all sales in 2000 are from a  consulting  contract  with the majority
shareholder.

Item 13. Exhibits, Lists and Reports on Form 8-K

         Exhibit Index:

         Articles of Incorporation*
         By-laws*
         Specimen Common Stock Certificate *
         Subscription Agreement*
---------------
*incorporated by reference to Form 10-SB

On May 23, 2000, the Company filed a report on Form 8-K. As disclosed under Item
8, the report disclosed a change in auditors.

                                       8
<PAGE>


                                   SIGNATURES

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

Dated: March 30, 2001

                                                     GOTHINK.COM, INCORPORATED


                                                     By:/s/ Jennifer Brenner
                                                     ---------------------------
                                                     Jennifer Brenner, President





                                       9