U.S. Securities and Exchange Commission
                        Washington, D.C. 20549

                             Form 10-KSB

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2000

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For the transition period from ........... to ...........

Commission file number 000-30599

                       NEW-ERA TRADING GROUP, INC.
              (Name of small business issuer in its charter)

                              FLORIDA
   (State or other jurisdiction of incorporation or organization)

                            65-0093914
                  (I.R.S. Employer Identification No.)

     7511 N.W. FIRST COURT, PEMBROKE PINES, FLORIDA       33024
   (Address of principal executive offices)            (Zip Code)

  (954) 894-3696                                      (954) 894-3676
  Issuer's telephone number                 Issuer's Facsimile number

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

Title of each class:  NONE

Name of each exchange on which registered:  NOT APPLICABLE

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

Title of class:  Common Stock, par value $.001 per share

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 and (2)
has been subject to such filing requirements for the past 90 days. Yes [ ]
No [X]

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

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

State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date:  15,020,960 shares at
April 25, 2001

DOCUMENTS INCORPORATED BY REFERENCE

If the following documents are incorporated by reference, briefly
describe them and identify the part of the Form 10-KSB (e.g., Part I,
Part II, etc.) into which the document is incorporated: (1) any annual
report to security holders; (2) any proxy or information statement; and
(3) any prospectus filed pursuant to Rule 424(b) or (c) of the Securities
Act of 1933 ("Securities Act").  The list documents should be clearly
described for identification purposes (e.g., annual report to security
holders for fiscal year ended December 24, 1990).

NONE

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

                      FORWARD-LOOKING STATEMENTS

This annual report contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and Section 27A of the Securities Act of 1933, as amended, and
is subject to the safe harbors created by those sections. These forward-
looking statements are subject to significant risks and uncertainties,
including information included under Parts I and II of this annual
report, which may cause actual results to differ materially from those
discussed in such forward-looking statements. The forward-looking
statements within this annual report are identified by words such as
"believes", "anticipates", "expects", "intends", "may", "will" and other
similar expressions regarding the Company's intent, belief and current
expectations. However, these words are not the exclusive means of
identifying such statements. In addition, any statements which refer to
expectations, projections or other characterizations of future events or
circumstances and statements made in the future tense are forward-looking
statements. Readers are cautioned that actual results may differ
materially from those projected in the forward looking statements as a
result of various factors, many of which are beyond the control of the
Company. The Company undertakes no obligation to publicly release the
results of any revisions to these forward-looking statements which may be
made to reflect events or circumstances occurring subsequent to the
filing of this annual with the SEC. Readers are urged to carefully review
and consider the various disclosures made by the Company in this annual
report.

PART I

Item 1. Description of Business.

Business Development Since Inception

New-Era Trading Group, Inc., (the "Company") was incorporated in Florida in
December 1988, under the name "Gardner Marketing Services, Inc."
Management believes that from incorporation until 1992, the Company was
essentially dormant.  In September 1992, the Company began an effort to
develop an import/export business.  Initially, the Company imported a
single consumer product from Brazil.  In March 1994, the founder of the
Company and his wife sold their entire stock interest in the Company to a
third party and withdrew from all involvement with the Company.  In May
1994, the Company changed its name to New-Era Trading Group, Inc.
Subsequently, the Company added importation and distribution of two
additional Brazilian products (one of which it also sought to distribute in
Europe) and terminated importation of its initial Brazilian product.  Being
unable to establish an adequate market, quality control and gross profit
margins for these products, the Company terminated trade in the Brazilian
products and undertook the importation and distribution of a line of food
products from Ecuador.  The Company was unable to raise sufficient
additional capital to support the marketing effort for the products or for
any further business activity and ceased all business operations in
February 1998.  In connection with the cessation of business, the Company
liquidated all of its assets (primarily a limited amount of office
furnishings and equipment).  At the present time the Company has returned
to developmental and promotional stages.  The Company is now a "shell"
company conducting no business operation, other than its limited efforts to
seek merger partners or acquisition candidates.  The Company does not have
any employees or own any assets, other than its trademark, which one of the
Company's directors and former president expects to retain personally in
any Business Combination, in view of the expectation that the trademark is
unlikely to have any value to the business enterprise following any merger
or acquisition.

Planned Pursuit of a Business Combination

The Company plans to seek a merger, exchange of capital stock, asset
acquisition or other similar business combination (a "Business
Combination") with an operating or development stage business (the "Target
Business") which desires to employ the Company to become a reporting
corporation under the Securities Exchange Act of 1934, as amended,
("Exchange Act").  The Company has elected to register it's common stock,
$.01 value (the "Common Stock") pursuant to Section 12(g) of the Exchange
Act on a voluntary basis in order to create a reporting "shell" company.
Following the filing of this annual report, the Company intends to seek a
securities broker-dealer to become a market maker for the Company's Common
Stock and to sponsor the quotation thereof on the OTC Bulletin Board
operated by the National Association of Securities Dealers, Inc.  The
Company believes that being a fully reporting company under the Exchange
Act and having its Common Stock quoted on the OTC Bulletin Board, whether
or not bid and asked quotations are actually published from time to time,
will make the Company more attractive to a Target Business which is seeking
a shell company with which to merge or by which to be acquired.  The sole
cost to a Target Business of merging with or being acquired by the Company,
other than normal professional fees related to the transaction and required
filings with the Commission, will be an obligation to pay off the Company's
existing liabilities of approximately $107,000.  The Company's current
directors and officers, who coincidentally considered as a group are the
Company's controlling stockholders at the date of this annual report, do
not expect to sell any Common Stock which they now own to the Target
Business or its affiliates in connection with a Business Combination.  The
payment of the Company's accrued liabilities are expected to be the Target
Business' entire direct cost of entering into a Business Combination with
the Company.

Reasons the Company may be Attractive as a Shell Company

The Company believes that the amount required to pay off its liabilities
(approximately $107,000) is less than the typical price currently being
charged by others to acquire control of a "fully reporting shell company".
The Company was not created from scratch to be a shell company.  The
Company has a defined business history, audited financial statements and no
contingent liabilities or unknown liabilities.  The Company has
approximately 270 stockholders of record and 15,020,960 shares of Common
Stock outstanding, all of which was issued between 1988 and 2000 to the
founders, to subsequent management and to investors in the Company's
efforts to capitalize and establish itself as a going concern.  Of the
issued and outstanding shares of Common Stock, 6,455,820 shares are owned
by "affiliates" of the Company (directors, officers and persons who own
more than ten percent) and are therefore subject to public resale in
compliance with Rule 144 of the Securities Act of 1933, as amended (the
"Securities Act") for so long as the holders remain affiliates.  Any
persons who acquires or agrees to acquire, otherwise in a public market
transaction, shares of the Company's Common Stock from these affiliates at
a time they are affiliates will purchase a "restricted security" which is
subject to public resale only in compliance with Rule 144.  The Company's
current affiliates do not expect to sell any of their holdings in the
Company to the affiliates of the Target Business, since the stock held by
the current affiliates is expected to become part of the Company's "public
float", after such persons cease to be the Company's affiliates, and
therefor facilitate development of a public trading market for the
Company's Common Stock.  Sales by the Company's current affiliates of all
or part of their holdings in the Company to the affiliates of the Target
Business cannot be rule out altogether, because such future affiliates may
believe it is not necessary to have a public float of approximately one
million shares to develop a public trading market and may accordingly
desire to purchase some or all of the holdings of current affiliates.  The
Company's stockholders other than its current affiliates will not be able
to participate in any such sales to affiliates of the Target Business.

Activities Designed to Locate a Target Business

The Company intends to seek (a) a market maker to sponsor the quotation of
the Company's Common stock on the OTC Bulletin Board (if not previously
identified) and (b) business opportunities for the purpose of effectuating
a Business Combination with a Target Business which management believes to
possess significant growth and profit potential.  The Company intends to
seek opportunities demonstrating the potential of long term growth as
opposed to short term earnings.  The Company may effect a Business
Combination with a Target Business which may be financially unstable, in
its early stages of development or growth and involve a high degree of
risk.  The Company will not restrict its search to any specific business,
industry or geographical location, and the Company may participate in a
business venture of virtually any kind or nature.  None of the Company's
present directors and officers expect to remain associated in any
operational, managerial or executive capacity with or as directors of the
Company following a Business Combination.  Nor does present management of
the Company expect to be involved in management of or as an investor in the
Target Business before a Business Combination.  Present management expects
the management of the Target Business will assume management of the Company
following the Business Combination.  Presently, the Company has no plan,
proposal, agreement, understanding or arrangement and is not conducting any
discussions to acquire or merge with any specific business or company, and
the Company has not identified any specific business or company for
investigation and evaluation.  Furthermore, the Company has no budget or
funding set aside for that purpose.  Any investigation, discussion,
negotiation and acquisition of a Target Business, if any, will be paid for
by the Company's present management.  Pursuant to resolution of the
Company's board of directors, no Business Combination may occur prior to
the Company obtaining the requisite audited financial statements required
pursuant to Form 8-K (or its equivalent) promulgated under the Exchange
Act.

The discussion of the proposed business under this caption and throughout
this annual report is purposefully general and is not meant to be
restrictive of the Company's virtually unlimited discretion to search for
and enter into a Business Combination.

Special Considerations

As a shell company, the Company faces special risks inherent in the
investigation, acquisition or involvement in a business opportunity,
whether it is in the development stage or is an operating company with a
purported history of success.  Especially in a Business Combination with a
Target Company which is in the development stage, the Company expects to
face all of the unforeseen costs, expenses, problems and difficulties
generally experienced by such companies.  And, the Target Company may have
a "going concern" qualification to its audit report.  The Company is
dependent upon its directors and officers for efforts to effectuate a
Business Combination.

Due to the Company's financial condition, the Target Business is expected
to be primarily motivated by a desire to establish a public trading market
for its shares, while avoiding what it might deem to be the adverse
consequences of undertaking a public offering itself, such as difficulty in
obtaining an underwriter, time delays, uncertainty of success and
significant expenses incurred to comply with the Securities Act that
regulates initial public offerings.  A Target Business might desire, among
other reasons, to create a public market for their shares in order to
enhance liquidity for current shareholders, to facilitate raising capital
through the public or private sale of additional securities or to have
securities eligible for public trading with which to acquire additional
businesses or assets.  The Company's present management expects any Target
Business to require additional funding, of which there is no assurance.

At the date of this annual report, the Company's common stock is not quoted
in any public quotation medium (principally the "Pink Sheets" and the OTC
Bulletin Board) or traded in any public stock market (either NASDAQ or a
securities exchange).  The Company's present management believes it is
unlikely a public trading market for the Company's Common Stock will
develop until after a Business Combination occurs, even if the Company
obtains a sponsoring market maker which is approved to publish quotations
for the Common Stock on the OTC Bulletin Board.  There is no assurance that
a viable public trading market for the Company's Common Stock will ever
develop either before or after a Business Combination.  Common Stock or
other securities which the Company issues in consideration for a Business
Combination are expected to be issued in a transaction not involving a
public offering pursuant to an exemption from registration under the
Securities Act and therefore classified as a "restricted security" subject
to the limitations on resale, including a one year holding period during
which no public resales can be made without registration, imposed by Rule
144 promulgated under the Securities Act.  It is likely that those persons
receiving the restricted Common Stock will be affiliates (directors,
officers and principal stockholders) of the Target Business and of the
Company following the Business Combination; and, such securities owned by
them will continue to be subject to the limitations of Rule 144 as long as
the holders remain affiliates of the Company.  Initially, only the
approximately one million shares of Common Stock which the Company
presently has issued and outstanding will be available for resale in a
public securities market, should one develop.  Any of those shares held by
persons who continue to be after or become in connection with the Business
Combination affiliates of the Company will be resalable only in compliance
with the requirements of Rule 144.  The Company does not expect to provide
to any stockholder with any right to register restricted Common Stock under
the Securities Act; but, any such registration would be within the
discretion of the Company's new management following a Business
Combination.  See "Market for Common Equity and Related Stockholder
Matters".

Unspecified Industry and Target Business

The Company is not limited to the type of business, the industry in which
it operates or the geographic location where it is located in its selection
of a Target Business.  The Company's efforts in identifying a prospective
Target Business are expected to emphasize businesses primarily located in
the United States; however, the Company reserves the right to acquire a
Target Business located exclusively or primarily outside of the United
States.  In seeking a Target Business, the Company will consider, without
limitation, businesses which (i) offer or provide services or develop,
manufacture or distribute goods in the United States or abroad, including,
without limitation, in the following areas: real estate, health care and
health products, educational services, environmental services, consumer-
related products and services (including amusement, entertainment and/or
recreational services), personal care services, voice and data information
processing and transmission and related technology development, or (ii) is
engaged in wholesale or retail distribution.  The Company has not selected
any particular industry, geographic area or market or any Target Business
on which to focus its Business Combination efforts.  Accordingly, the
Company is only able to make general disclosures concerning the risks and
hazards of completing a Business Combination with a Target Business since
there is presently no current basis for the Company to evaluate the
possible merits or risks of the Target Business or the particular industry
in which the Company may ultimately operate.  To the extent the Company
effects a Business Combination with a financially unstable company or an
entity in its early stage of development or growth (including entities
without established records of sales or earnings), the Company will become
subject to numerous risks inherent in the business and operations of
financially unstable and early stage or potential emerging growth
companies.  In addition, to the extent that the Company effects a Business
Combination with a Target Business in an industry characterized by a high
level of risk, the Company will become subject to the currently
unascertainable risks of that industry.  An extremely high level of risk
frequently characterizes certain industries which experience rapid growth,
changing or obsolescent technologies.  Although present management will
endeavor to evaluate the merits and risks of the Target Business, there is
no assurances their evaluation will be complete or valid, or that current
management is qualified to make such evaluation.

Probable Lack of Business Diversification

The Company has no financial or other resources.  While the Company may,
under certain circumstances, seek to effect a Business Combination with
more than one Target Business, as a result of its limited resources, the
Company will, in all likelihood, have the ability to effect only a single
Business Combination while it remains a shell company.  Accordingly, the
prospects for the Company's success are expected to be entirely dependent
upon the future performance of a single business.  Unlike certain entities
that have the resources to consummate several Business Combinations or
entities operating in multiple industries or multiple segments of a single
industry, it is highly likely that the Company will not have the resources
to diversify its operations or benefit from the possible spreading of risks
or offsetting of losses.  The Company's probable lack of diversification
could subject the Company to numerous economic, competitive and regulatory
developments, any or all of which may have a material adverse impact upon
the particular industry in which the Company may operate after completing a
Business Combination.  The prospects for the Company's success may be
dependent upon the development or market acceptance of a single or limited
number of products, processes or services.  Accordingly, there is no
assurance the Target Business will prove to be commercially viable.

Limited Ability to Evaluate Target Business and Its Management

Although the Company intends to closely scrutinize the business and
management of a prospective Target Business in connection with evaluating
the desirability of effecting a Business Combination, there is no assurance
the scrutiny and resulting assessment of management will prove to be
correct, especially since none of the Company's current directors and
officers are professional business analysts.  See "Directors, Executive
Officers, Promoters and Control Persons".  Accordingly, the Company will be
entirely dependent upon the efforts, experience and ability of the
management of the Target Business who are unidentifiable at this time.  In
addition, there is no assurance the future management will have the
necessary skills, qualifications or abilities to manage a publicly owned
and traded company.  The Company may also seek to recruit additional
managers to supplement the incumbent management of the Target Business;
but, any such recruitment would be within the discretion and judgment of
the Target Business' management.  There is no assurance the Company will
have the ability to recruit additional managers, or that additional
managers will have the requisite skill, knowledge or experience necessary
or desirable to enhance the Target Business' incumbent management.

No Opportunity for Stockholder Evaluation or Approval of Business
Combinations

The Company's stockholders will not have an opportunity to evaluate the
specific merits and risks or and financial or other information about the
Target Business and will have no control over the decision to effect or not
effect a Business Combination with any potential Target Business.
Stockholders of the Company who are not directors and officers will, in all
likelihood, not have the opportunity to evaluate the Target Company until
after the Company has entered into an agreement to effectuate a Business
Combination.  Even then, stockholders will have an opportunity to evaluate
the Target Company, only in the event stockholder approval is required by
Florida corporate law for the Business Combination; but, it is likely the
Business Combination will be structured in such a way as to avoid a
requirement for stockholder approval.  As a result, non-affiliate
shareholders of the Company are expected to be almost entirely dependent on
the judgment and experience of the Company's current management in the
selection and ultimate consummation of a Business Combination.  In
addition, under Florida law, the form of Business Combination could
eliminate dissenters' rights (i.e., the right to receive fair payment with
respect to the Company's Common Stock) which stockholders who are not in
favor of the proposed Business Combination would have in the event the
Business Combination took another form.  Since the Company's Common Stock
has little to no value at the present time, management believes that any
Business Combination will probably increase the value of the Common Stock
to a level in excess of the amount recoverable upon exercise of dissenters'
rights.

The Company does not expect the Business Combination to involve a "control
share acquisition"  as defined in Section 607.0902 of the Florida Business
Corporation Act, because the structure of the Business Combination is not
expected to hinge on the acquisition of outstanding securities.  Control
share acquisitions disenfranchise the acquiring party for a period of time
from voting the acquired shares in favor of a business combination, thereby
placing the approval of the business combination in the hands of minority
stockholders.  In the event the Business Combination would otherwise
involve a "control share acquisition", the Company's board of directors can
be expected to approve such acquisition, thereby removing it from
application of the control share acquisition statute.  Such removal will
eliminate the minority stockholders' right to evaluate the Company's
proposed Business Combination.

Selection of a Target Business and Structuring of a Business Combination

The Company cannot estimate the time that it will take to identify a Target
Business and complete a Business Combination.  This process could require
many months or years.  And, there is no assurance the Company will be able
to complete a Business Combination on terms favorable to the Company.  The
Company might identify a Target Business and effectuate a Business
Combination which proves to be unsuccessful for any number of reasons and
risk factors which cannot be identified either at this time or at the date
of the Business Combination.  If this occurs, the Company's its
stockholders, including present management, might not realize any value or
only limited value in the Common Stock which they own.

The Company's management anticipates that the selection of a Target
Business will be complex and involve risks, some of which will be and
remain undefined.  Competition for better business opportunities among
promoters of shell companies is intense.  Many promoters of shell companies
have more experience than the Company's present management has, having
engaged in numerous business combinations, having an established reputation
and having an extensive network of contact who refer possible Target
Businesses to them.  Many of the better business opportunities are suitable
for underwritten public offerings or other conventional means of capital
formation and have no interest in utilizing a shell company to achieve a
public trading market.  The Company's search for a Target Business requires
maximum flexibility inasmuch as the Company will be required to consider
various factors and circumstances which may preclude meaningful direct
comparison among the various business enterprises, products or services
investigated.  The Company's probable lack of diversification will not
permit the Company to offset potential losses from one venture against
potential profits from another.  Management of the Company will have
unrestricted discretion in identifying and selecting a prospective Target
Business.

In evaluating a prospective Target Business, management expects to
consider, among other factors, the following factors which are not listed
in any particular order of priority or importance:

    -  financial condition and results of operations of the Target
Business;

    -  growth potential and forecasted financial performance of the Target
Business and the industry in which it operates;

    -  experience and skill of management and availability of additional
personnel of the Target Business;

    -  capital requirements of the Target Business;

    -  the availability of a transaction exemption from registration
pursuant to the Securities Act and the proxy solicitation requirements of
the Exchange Act for the Business Combination;

    -  the location of the Target Business;

    -  competitive position of the Target Business;

    -  stage of development of the product, process or service of the
Target Business;

   -   degree of current or potential market acceptance of the product,
process or service of the Target Business;

   -   possible proprietary features and possible other protection of the
product, process or service of the Target Business, including trade
secrets, patents and copyrights;

   -  regulatory environment of the industry in which the Target Business
operates;

   -  costs associated with effecting the Business Combination; and

   -  percentage of equity required by stockholders of the Target Business.

The foregoing criteria are not intended to be exhaustive.  The Company's
management expects any evaluation of the merits and risks of a particular
Business Combination will be based on other relevant considerations, in
addition to the above factors.  The Company's management anticipates the
historical operations of a Target Business may not necessarily be
indicative of the potential for the future for a variety of reasons.  The
Company may engage in a Business Combination with a newly organized firm or
with a firm which is entering a new phase of growth.  These reasons
include, but are not limited to, possible start-up or development stage
enterprise, possible need to change marketing approach, possible future
availability of capital, possible changes in management and additional
staffing and other reasons.  The Company will be dependent upon its new
management inherited from the Target Business to implement its business
plan, identify problems and take effective corrective action.  The Company
will incur further risks, because in many instances, the product or
service, as well as the management, of the Target Business will not have
been proven.

The Company's limited funds and the lack of full-time management will
likely make it impracticable to conduct a complete and exhaustive
investigation and analysis of a Target Business before the Company commits
to a Business Combination.  Management decisions, therefore, will likely be
made based entirely upon information provided entirely by the Target
Business, which may not include detailed feasibility studies, independent
analysis, market surveys and the like which, if the Company had more funds
available to it, would be desirable to obtain.   The Company's management
expects to conduct a due diligence review of the Target Business which will
encompass, among other things, meetings with its management, examination of
its products or services, inspection of facilities and review of financial
statements and contracts which are made available to the Company.  The
information provided by the Target Company may prove to have been either
negligently or intentionally inaccurate or misleading and it is likely
current management would not discover it to be so.  The time and costs
required to select and evaluate a Target Business (including conducting a
due diligence review) and to structure and consummate the Business
Combination (including negotiating relevant agreements and preparing
requisite documents for filing pursuant to applicable securities laws and
state "blue sky" and corporation laws) cannot presently be ascertained with
any degree of certainty.  The Company's management intends to devote only a
very small portion of their individual time to the affairs of the Company
and, accordingly, consummation of a Business Combination may require a
greater period of time than if management devoted its full time to the
Company's affairs.  Each of the Company's directors and officers, being its
only personnel, have full time executive and professional occupations
outside of the Company.  Any costs incurred by the Company will be
contributed by its management, which intends to limit the amount of such
contributions to a minimum.  Management has not established a budget for
expenses or a maximum amount for contributions.

The Company anticipates that it will locate possible Target Businesses
primarily through the relationships of its management with other business
persons and professionals.  Accordingly, the opportunities to identify
possible Target Businesses is expected to be more limited than they might
otherwise be if the Company advertised or its management had been engaged
in shell corporation promotion prior to the Company.  The Company does not
intend to engage in any discussions with prospective Target Businesses
until after the effective date of this annual report.  The Company does not
intend to complete a Business Combination with a Target Business in which
the Company's management has a pecuniary interest.  The Company does not
intend to advertise or promote itself in any financial or trade
publications, but it may utilize the Internet if an appropriate forum can
be identified.  Although there are no current plans to do so, the Company
may engage the services of professional firms that specialize in finding
business acquisitions, in which case the Company or the Target Business
would pay a finder's fee or other compensation.  Since the Company has no
current plans to utilize any outside consultants or advisors to assist in a
Business Combination, no policies have been adopted regarding their use,
the criteria to be used in selecting such consultants or advisors, the
services they would provided, the term of service, or the amount of fees
that may be paid.  Because of the limited resources of the Company, it is
likely that any such fee the Company agrees to pay would be paid in shares
of Common Stock or be paid in cash by the Target Business.  In no event
will the Company pay a finder's fee or commission, either in cash or stock,
to a director or officer of the Company or any entity with which he is
affiliated, or otherwise compensate them in connection with their efforts
to locate a Target Business.

Expected Accounting Treatment of a Business Combination

The Company expects the Business Combination to be treated as a "reverse
merger" under generally accepted accounting principals and for reporting
purposes under the Exchange Act.  Reverse merger treatment provides
essentially that the financial statements of the acquired company (the
Target Business) replace the Company's historical financial statements,
with certain adjustments to account for the Company's assets (none),
liabilities (approximately $107,000) and stockholders' equity.

Federal Income Tax Considerations

As a general rule, federal and state tax laws and regulations have a
significant impact upon the structuring of business combinations. The
Company will evaluate the possible tax consequences of any prospective
Business Combination and will endeavor to structure a Business Combination
so as to achieve the most favorable tax treatment to the Company, the
Target Business and their respective stockholders.  There is no assurance
that the Internal Revenue Service or relevant state tax authorities will
ultimately assent to the Company's tax treatment of a particular
consummated Business Combination.  To the extent the Internal Revenue
Service or any relevant state tax authorities ultimately prevail in
recharacterizing the tax treatment of a Business Combination, there may be
adverse tax consequences to the Company, the Target Business and their
respective stockholders.  Tax considerations, as well as other relevant
factors, will be evaluated in determining the precise structure of a
particular Business Combination, which could be effected through various
forms of a merger, consolidation or stock or asset acquisition.  The change
in control and change in the Company's business, both of which are expected
to result with a Business Combination, will eliminate the Company's net
operating loss carry forwards for federal income tax purposes.

Expected Dilution in Ownership of Current Stockholders and Change in
Control

The Company expects to issue a substantial number of additional shares in
connection with the consummation of a Business Combination, perhaps as much
as ninety percent or more of the issued and outstanding share of the
Company's Common Stock following the Business Combination.  Issuance of
additional shares by the Company would result in a decrease in the
percentage ownership of the Company's present stockholders.  In addition,
the issuance of additional securities and their potential sale in any
trading market which might develop in the Company's Common Stock, for which
there is presently no trading market and there is no assurance one will
develop, could depress the price of the Company's Common Stock in any such
market which may develop.

The management of the Target Business is expected to take control of the
Company and its present management will have no control.  To the extent
that such additional shares are issued, dilution to the interests of the
Company's stockholders will occur.  There is no assurance as to the
experience or qualification of the Target Business' management.

Impact of Having No Funds or Resources

The Company does not have any funds or resources.  The Company's management
is not obligated to provide any funding to assist with the search for a
Target Business or a resulting Business Combination.  The Company is either
unable, due to its financial condition and prospects, or unwilling at the
present time either to borrow or sell securities for funding purposes.  Any
such borrowing or capital formation will be dependent upon the management
of the Target Business.  The unwillingness and inability of the Company to
borrow funds for infusion of capital into a Target Business may have a
material adverse effect on the Company's ability to consummate a Business
Combination with a desirable Target Business.  Any borrowing or sale of
securities, or both, are expected to be dependent upon the results of the
Business Combination, the financial condition and prospects of the Company
thereafter and the Company's future management.

Impact of Compliance with Federal Securities Laws

Securities of the Company which are issued in the Business Combination will
be issued in reliance upon exemptions from registration under applicable
federal and state securities laws.  The Company intends primarily to target
only those companies where an exemption from registration would be
available.  Since the Target Business has not been identified, there is no
assurances the Company will be able to rely on such exemptions.
Registration of securities typically requires significant costs and time
delays are typically encountered.  If registration of the securities is
required, the costs thereof would have to be paid by the Target Business.

Allocation of Management Time and Conflicts of Interest

The Company's directors and officers are employed full time in executive or
professional positions and business activities with enterprises other than
the Company.  Each of the Company's directors and officers expects to
devote minimal time to the affairs of the Company in the search for a
Target Business and consummation of a Business Combination.  They expect
the interests of their respective other enterprises or practices to take
priority over the Company's needs and interests.  Furthermore, the
Company's directors and officers may come upon, discover or be presented
with business opportunities which could be Target Businesses for the
Company and yet divert such opportunities to their own employers, business
activities or clients other than the Company.  With respect both to the
allocation of their respective time and efforts and to steering of business
opportunities toward or away from the Company, the Company's directors and
officers will have a conflict of interest which they will in all likelihood
be unable to resolve in a commercially or professionally equitable manner.
Management expects any business opportunity which would be desirable as
both a Target Business for the Company and an acquisition for the other
business activity of a Company director or officer's other employer,
business activity or client will be directed away from the Company.
Accordingly, the Company can expect to consider only those business
opportunities which are undesirable to or do not have a "fit" with such
other employer, business activity or client.  The Company's directors and
officers have not been, are not now and do not expect to become directors
and officers of other shell companies; but, there is no assurance one or
more of them will not do so in the future, including at a time while the
Company is still looking for a Target Business.

Investment Company Act and Other Regulation

The Company does not intend to effect a Business Combination which would
result in its classification as an "investment company" under the
Investment Company Act of 1940 (the "Investment Act").  The Company does
not intend to acquire less than eighty percent of the outstanding
securities of the Target Business, such acquisition being for purposes of
being in control of the Target Business.  Accordingly, the Company does not
anticipate the resale of any securities of the Target Business in the
public securities market, except the sale of securities to be issued and
sold pursuant to a registration statement under the Securities Act.
Furthermore, the Company does not believe the status of any securities
acquired in the Target Business as restricted securities will have any
impact on or consequences to the Company, because the Company expects such
securities to be acquired for long term investment and for purposes of
directly operating and exercising control over the Target Business.

The Company may acquire a Target Business in an industry which is regulated
or licensed by federal, state or local authorities.  The Company cannot
predict what regulations and licensing requirements, if any, to which the
Company could become subject.  Compliance with such regulations can be
expected to be a time consuming and expensive process.

Penny Stock Regulations - State Blue Sky Restrictions - Restrictions on
Marketability

The U.S. Securities and Exchange Commission (the "Commission") has adopted
regulations which generally define a "penny stock" to be any equity
security with a market price (as defined) less than $5.00 per share or an
exercise price of less than $5.00 per share, subject to certain exceptions.
The Company expects its Common Stock to be covered by the penny stock
rules, at least initially and perhaps indefinitely.  The penny stock rules
impose additional sales practice requirements on broker-dealers who sell
such securities to persons other than established customers and accredited
investors (generally institutions with assets in excess of $5,000,000 or
individuals with either a net worth in excess of $1,000,000 or an annual
income exceeding $200,000 individually or $300,000 jointly with their
spouse).  For transactions covered by the penny stock rules, the broker-
dealers must make a special suitability determination for the purchase and
receive the purchaser's written agreement of the transaction prior to the
sale.  Consequently, the rule may adversely affect the ability of broker-
dealers sell the Company's securities, and even their interest in handling
such securities sales, and also may adversely affect the ability of
stockholders of the Company to sell their shares in the public securities
market.

In addition, the Securities and Exchange Commission has adopted a number of
other rules to regulate "penny stocks".  Such rules include Rules 3a51-1,
15g-1, 15g-2, 15g-3, 15g-4, 15g-5, 15g-6, and 15g-9 under the Exchange Act.
During any period the Company's Common Stock is a "penny stock", these
rules will apply to the Company and to its Common Stock.  The rules may
further adversely affect the ability of the Company's stockholders to sell
their shares in any public market which might develop.

Stockholders should be aware that, according to Commission Release No. 34-
29093, the market for penny stocks has suffered in recent years from
patterns of fraud and abuse.  Such patterns include (i) control of the
market for the security by one or a few broker-dealers who are often
related to the promoter or issuer; (ii) manipulation of prices through
prearranged matching of purchases and sales and false and misleading press
releases; (iii) "boiler room" practices involving high-pressure sales
tactics and unrealistic price projections by inexperienced sales persons;
(iv) excessive and undisclosed bid-ask differentials and markups by selling
broker-dealers; and (v) the wholesale dumping of the same securities by
promoters and broker-dealers after prices have been manipulated to a
desired level, along with the resulting inevitable collapse of those prices
and with consequent investor losses. The Company's management is aware of
the abuses that have occurred historically in the penny stock market.
Although the Company does not expect to be in a position to dictate the
behavior of the market or of broker-dealers who participate in the market,
management will strive within the confines of practical limitations to
prevent the described patterns from being established with respect to the
Company's securities.

No public trading market in the Company's securities presently exists. In
light of the restrictions concerning shell companies contained in many
state blue sky laws and regulations, it is not likely that a trading market
will be created in the Company's securities until such time as a Business
Combination occurs with a Target Business.  There is no assurance a public
trading market will develop for the Company's Common Stock following a
Business Combination.  The Company presently has 1,000,000 shares of Common
Stock outstanding, all of which are "restricted securities", as defined
under Rule 144 under the Securities Act, in that such shares were issued in
transactions not involving a public offering. Notwithstanding that all the
issued and outstanding shares are "restricted securities", 744,700 shares
have been held for more than two years, including 620,662 shares held by
non-affiliates and 236,795 shares held by affiliates of the Company.
Accordingly, only the 236,795 shares held by affiliates are subject to the
requirements and limitations of Rule 144; and, even the shares held by
affiliates will be relieved of such requirements and limitations upon
termination of the holders' affiliation with the Company, which could be
expected as a result of a business combination.  The 266,212 shares
approved for issued on February 21, 2000, primarily in liquidation of
outstanding common stock purchase options and warrants, will not become
eligible for resale to the public by the various holders until after
February 21, 2001.  Out of the 2,055,385 shares recently approved for
issuance, 1,452,820 shares are held by affiliates.

Competition for Target Businesses

The Company expects to encounter intense competition from other shell
companies.  Many of these shell companies have promoters and management who
have extensive experience and contacts in the shell company arena.  Many of
these competitors possess financial, marketing, technical, personnel and
other resources which the Company does not have.  There is no assurance the
Company will be able to compete successfully for a more attractive Target
Business.  Accordingly, the Company may be forced to select a less
attractive Target Business, which may involve more risk and uncertainty and
less potential and opportunity for the stockholders to realize value in the
Common Stock.  Management believes the Company's status as a fully
reporting public company will make it more attractive compared to publicly
owned shell companies which are not fully reporting.  A recent change in
the eligibility rules for quotation on the OTC Bulletin Board are resulting
in removal from quotation of companies who are not fully reporting.  The
Company believes this rule change will result in a decrease in the number
of shell companies quoted in that medium and concurrently spur management
of such shell companies to file registration statements in the same manner
as the Company is filing this annual report, especially if the shell
company is or has been quoted on the OTC Bulletin Board.

Uncertainty of Competitive Environment of Target Business

In the event that the Company succeeds in effecting a Business Combination,
the Company will, in all likelihood, become subject to intense competition
from competitors of the Target Business.  In particular, certain industries
which experience rapid growth frequently attract an increasingly larger
number of competitors, including competitors with increasingly greater
financial, marketing, technical and other resources than the initial
competitors in the industry.  The degree of competition characterizing the
industry of any prospective Target Business cannot presently be
ascertained. There can be no assurances that, subsequent to a Business
Combination, the Company will have the resources to compete effectively,
especially to the extent that the Target Business is in a high-growth
industry.

Federal Securities Law Compliance

Fully reporting companies, like the Company, are required by the Exchange
Act to furnish stockholders certain information about material
acquisitions, including audited financial statements for a Target Business
with respect to one or more fiscal years, depending upon whether or not the
Target Business is a small business issuer.  Consequently, the Company's
policy is to only effect a Business Combination with a Target Business that
has available the appropriate audited financial statements.  Maintenance of
compliance with the regular annual, quarterly and other reporting
requirements, and with the proxy solicitation rules for annual and special
meetings of stockholders (including the solicitation of consents) is
expensive and time consuming.  There is no assurance the Target Business
will have the resources to remain in compliance with these requirements.  A
failure to remain in compliance will disqualify the Company from quotation
of its Common Stock on the OTC Bulletin Board.

Employees

The Company has no personnel.  The Company's limited activities related to
efforts to recruit a market maker, register under the Exchange Act and
complete a Business Combination are being conducted by the directors and
officers around their full time employment by other businesses or their
normal professional practices.

Item 2.  Description of Property.

The Company does not own or lease any property, including office space.
The Company's limited activities related to efforts register under the
Exchange Act, to recruit a market maker and complete a Business Combination
are being conducted from the offices of the directors and officers at which
their full time employment is located, as well as from their homes.  The
address of the Company's office at its president's home, and its telephone
number at that address are for convenience and as a personal accommodation
while seeking a Target Business.

Item 3. Legal Proceedings

At the date of this annual report, no suits are pending against the
Company.  All of the Company's trade debts are in default and its creditors
could file suites for collection at any time.  Five trade creditors have
obtained judgments in Pinellas County, Florida against the Company for
amounts due, plus interest, costs and attorneys fees.  The suits which have
been reduced to judgment are set forth in the following table:

Creditor's name      Case No.     Court               Amount at December 31
Evatone, Inc.       97-7015 CI   Circuit Court               $18,476.95 (1)
Xerox Corporation   98-000354    County Court                 $7,263.33 (2)
Old Dominion
Freight Lines, Inc. 98-002454    Small Claims                  $6,251.19
Yellow Freight
Systems, Inc.       97-4639      Small Claims                  $3,727.75
On the Grill
Magazine            97-5771      Small Claims                    -      (3)
(1)  This judgment is for the quotation for the full project, which was
only about one-half completed before work was suspended by the plaintiff
due the Company's non payment.
(2)  The Company believes this judgment is for the balance of the lease
contract, without credit for the returned copy machine.
(3)  The Company believes this plaintiff is no longer in business.  No
counsel is currently representing the plaintiff.  The original contract was
for $5,000, which was partially paid by the Company and by Mr. Grant
pursuant to his personal guarantee.  The Company is unable to determine the
amount due a December 31, 2000.

The amounts of all such judgments and claims are reflected on the Company's
balance sheet at December 31, 2000.

For the most part, all liabilities not reduced to judgment are more than
five years old.

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

No matters were submitted to a vote of security holders during the fourth
quarter of the fiscal year covered by this annual report.

Part II

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

Market Information

No public trading market presently exists or has ever existed for the
Company's Common Stock and the Company does not have a trading symbol.  The
Company intends to solicit the interest of a securities broker dealer to
submit an application on Form 211 to the OTC Bulletin Board for
authorization to enter quotations for the Common Stock in that quotation
system.  The Company believes it is unlikely that a trading market will
develop for the Company's Common Stock prior to a business combination.
There is no assurance any such broker-dealer can be recruited to file a
Form 211 or that a public trading market for the Company's Common Stock
will ever develop, either before or after a Business Combination.  The
Company has not registered its Common Stock under the blue sky laws of any
state.  The holders of the Common Stock and persons who may desire to
purchase shares of Common Stock in any trading market that might develop in
the future, should be aware that there may be significant "penny stock" and
state blue-sky law restrictions upon the ability of stockholders to sell
their shares and of purchasers to purchase the shares of Common Stock.
Some jurisdictions may not allow the trading or resale of blind-pool or
"blank-check" securities, such as the Common Stock, under any
circumstances.  Accordingly, stockholders should consider any secondary
market for the Company's securities which may develop to be a limited one.

Number of Stockholders and Status of Stock

At April 25, 2001, the Company has approximately 280 stockholders of record
holding a total of 15,285,960 shares of its Common Stock.  All of the
Common Stock has been outstanding for more than two years, except for
4,025,385 shares which were approved for issue on February 21, 2000
primarily in liquidation of common stock purchase options and warrants on a
basis of one share for two options/warrants.  In general, under Rule 144,
as currently in effect, subject to the satisfaction of certain other
conditions, a person, including an affiliate of the Company (or persons
whose shares are aggregated), who has beneficially owned restricted shares
of Common Stock for at least one year is entitled to sell, within any
three-month period, a number of shares that does not exceed the greater of
1% of the total number of outstanding shares of the same class or, if the
Common Stock is traded on a national securities exchange or the NASDAQ
system, the average weekly trading volume during the four calendar weeks
preceding the sale. A person who has not been an affiliate of the Company
for at least the three months immediately preceding the sale and who has
beneficially owned restricted shares of Common Stock for at least two years
is entitled to sell such shares under Rule 144 without regard to any of the
limitations described above.  In the event the Company becomes delinquent
in filing reports under the Exchange Act, Rule 144 would not be available
for the resale of any shares owned by affiliates or owned by non-affiliates
of the Company for less than two years.

Transfer Agent

The Company's transfer agent is Executive Registrar & Transfer Agency,
Inc., Phoenix, Arizona.

Dividends

The Company has not paid any dividends on its Common Stock to date and does
not presently intend to pay cash dividends prior to the consummation of a
Business Combination. The payment of cash dividends in the future, if any,
will be contingent upon the Company's revenues and earnings, if any,
capital requirements and general financial condition subsequent to the
consummation of a Business Combination. The payment of any dividends
subsequent to a Business Combination will be within the discretion of the
Company's then board of directors.  It is the expectation of the current
board of directors that the Company will retain all earnings, if any, for
use in the Company's business operations; and, accordingly, the current
board of directors does not anticipate the Company paying any cash
dividends in the foreseeable future.

Recent Sales of Securities:

Except for 2,055,385 shares which were approved for issue on February 21,
2000 in liquidation of common stock purchase options and warrants on a
basis of one share for two options/warrants, the Company did not sell any
Common Stock in unregistered transactions during the year ended December
31, 2000 or from that date to the date of this annual report.

Item 6. Management's Discussion and Analysis or Plan of Operation.

The Company is presently a development stage company conducting no business
operation, other than its efforts to effect a Business Combination with a
Target Business which the Company considers to have significant growth
potential.  Since the Company terminated its business operation in February
1998, the Company has neither engaged in any operations nor generated any
revenue.  It receives no cash flow.  The Company will carry out its plan of
business as discussed above.  See "Description of Business".  The Company
does not have any liquidity and capital resources and cannot be sure that
its whether the Target Business with which the Company effectuates a
Business Combination, if any, will have any liquidity or capital resource,
or that it will not diminish the liquidity and capital resources which it
has at the date of a Business Combination through and as a result of
continuing business operations.  The continuation of the Company's business
is dependent upon its management's voluntary coverage of the expenses of
its limited activities, which coverage can be terminated at any time,
effectuate a Business Combination and ultimately, engage in future
profitable operations.

Presently, the Company does not have any resources or funding commitments
to meet expected expenses for the next twelve months.  The Company does not
generate any cash revenue or receive any type of cash flow.  Possible
expenses for the next twelve months cannot be estimated at the present
time.  Any funding voluntarily provided by current management will be
represented by  promissory notes bearing simple interest at prime plus 2%
or by the issue of Common Stock.

Prior to the occurrence of a Business Combination, the Company may be
required to raise capital through the sale or issuance of additional
securities in order to ensure that the Company can meet  its operating
costs prior to the effectuation of a Business Combination. As of the date
of this annual report, no commitments of any kind to provide additional
funds have been obtained, and the current management is under no obligation
to provide such funds.  There are no agreements or understandings of any
kind with respect to any loans from such persons on behalf of the Company.
Accordingly, there is no assurance that any additional funds will be
available to the Company to allow it to cover its necessary expenses.  In
the event the Company can no longer borrow funds from its current
management, and the Company elects to raise additional capital prior to the
effectuation of a Business Combination, it expects to do so through the
private placement of restricted securities rather than through a public
offering.  The Company does not currently contemplate making any securities
offering, a Regulation S offering or borrowing any money from third parties
who are not part of current management.

Item 7. Financial Statements.

Board of Directors
New Era Trading Group, Inc.
7511 NW First Court
Pembroke Pines, FL 33024

We have audited the accompanying balance sheet of New Era Trading Group,
Inc. as of December 31, 1999 and 2000 and the related statements of
operations, changes in stockholders' equity and cash flows.  These
financial statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on the 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 audits to
obtain reasonable assurance about whether the financial statements are free
of material misstatements.  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 or opinion.

In our opinion, the financial statements referred to above present fairly,
in all material respects, the financial position of New Era Trading Group,
Inc. As of December 31, 1999 and 2000 and the results of its operations and
cash flows for the years ended December 31, 1999 and 2000 in conformity
with generally accepted accounting principles.

/s/ Costales & Costales

Certified Public Accountants
Miami, Florida
January 27, 2001

New-Era Trading Group, Inc.
Balance Sheet
                                                          December 31, 2000
                                                         -----------------
Assets
Current assets:
     Cash                                                         $       -
     Accounts receivable                                                  -
     Inventory                                                            -
                                                                  ---------
Total current assets                                                      -

Equipment, net of accumulated deprecation                                 -

Other assets:
     Deferred offering costs                                              -
     Deposits                                                             -
                                                                  ---------
Total other assets                                                        -
      Total                                                       $       -
                                                                  =========

Liabilities and Stockholders' Equity
Current liabilities:
     Accounts payable                                             $       -
     Notes and advances payable                                     107,353
     Accrued expenses                                                 4,286
                                                                  ---------
Total current liabilities:                                          111,639

Long-term liabilities
     Notes payable, net of current portion
                                                                  ---------
Total long-term liabilities                                               -

Stockholders' equity
      Common stock, $.01 par value, 25,000,000 shares authorized,
      15,120,960 shares issued and outstanding on 12/31/00          151,210
      Additional paid-in capital                                  1,607,988
      Accumulated deficit                                       (1,633,193)
      Treasury stock                                              (237,644)
                                                                -----------
Total stockholders' equity                                        (111,639)
                                                                -----------
                                                                $         -
                                                                ===========

Read independent auditors' report.  The accompanying notes are an integral
part of the financial statements.

New-Era Trading Group, Inc.
Statement of Operations
For the Years Ended December 31

                                                         1999         2000
                                                        ------       ------
Revenue:

     Sales                                              $    -        $   -
     Other
                                                        ------       ------

Cost of goods                                                -            -
                                                        ------       ------

Gross profit (loss)                                          -            -

Costs and Expenses:

     Selling expenses                                        -            -
     General and administrative                              -          550
     Interest                                            4,286        4,286
                                                        ------       ------
                                                         4,286        4,836
                                                        ------       ------
Net Loss                                              $ (4,286)   $ (4,836)
                                                      =========   =========

Primary net loss per common share                     $ (0.00)    $  (0.00)
                                                      ========    =========

Read independent auditors' report.  The accompanying notes are an integral
part of the financial statements.

New-Era Trading Group, Inc.
Statement of Changes in Stockholders' Equity
Years ended December 31, 1999 and 2000

                             Additional
                            Common Stock          Paid-in       Accumulated
                         -------------------
                         Shares        Amount      Capital         Deficit
                      -----------------------------------------------------

Balance,
December 31, 1998     11,095,575    $110,956    $1,646,042     $(1,624,071)

Issuance of stock

Net loss for the year                                               (4,286)
                    -------------------------------------------------------
Balance,
December 31, 1999    11,095,575    $110,956    $1,647,689      $(1,628,357)

Issuance of stock     4,025,385      40,254       (39,701)

Net loss for the year                                          $    (4,836)
                    -------------------------------------------------------
Balance,
December 31, 2000   15,120,960     $151,210    $1,607,988      $(1,633,193)

=======================================================

Read independent auditors' report.  The accompanying notes are an integral
part of the financial statements.


New-Era Trading Group, Inc.
Statement of Cash Flows
Years Ended December 31, 1999 and 2000

                                                        1999           2000
                                                      ------         ------
Operating activities
     Net loss                                         $    -      $ (4,836)
     Adjustments to reconcile net loss
          to net cash used by operating
          activities:
              Depreciation and amortization                -              -
              Loss on retirement of equipment              -              -
              (Increase) decrease in:
                    Other assets                           -              -
              Increase (decrease) in:
                    Accounts payable                       -              -
                    Accrued expenses                       -          4,286
                                                      ------       --------
     Total adjustments                                     -          4,286
                                                      ------       --------
     Net cash provided (used) by operating activities      -          (550)
                                                      ------       --------
Financing activities
     Payments on notes payable                             -              -
     Additional Paid in Capital                            -            550
                                                      ------       --------
     Net cash used by financing activities                 -            550

Net increase (decrease) in cash                            -              -

Cash, beginning of year                                    -              -
                                                      ------       --------
Cash, end of year                                       $  -           $  -
                                                   ========        ========

Supplemental disclosures of cash flow
     information and noncash investing
     and financing activities
          Cash paid during year for interest          $    -          $   -
                                                   =========       ========
          Stock exchanged for debt                    $    -          $   -
                                                   =========       ========

Read independent auditors' report.  The accompanying notes are an integral
part of the financial statements.


New-Era Trading Group, Inc.
Notes to Financial Statements
Years Ended December 31, 1999 and 2000

1.  Background Information

New-Era Trading Group, Inc. (the "Company") (f/k/a Gardner Marketing
Services, Inc.) was incorporated in Florida on December 15, 1988.  The
Company was essentially dormant until 1992, at which time the Company began
import/export operations of torches used to decorative outdoor lighting.
In 1994, the Company ceased distribution of the torches and began
import/export operations of solid and gelatin cane sugar and alcohol fuels
for cooking and warming food and lighting charcoal.  The distribution of
the latter was ceased in 1996 and the Company has remained essentially
dormant since.  The Company's headquarters is located in Largo, Florida.

2.  Summary of Significant Accounting Policies

The significant accounting polices followed are:

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 and the reported amounts of revenues and expenses
during the reporting period.  Actual results could differ from those
estimates.

Equipment is recorded at cost.  Depreciation is calculated by the straight-
line method over the estimated useful lives of the assets of approximately
five to seven years.  Additions to and major improvements of equipment are
capitalized.  Maintenance and repair expenditures are charged to expense
and incurred.  As equipment is sold or retired, the applicable cost and
accumulated depreciation are eliminated from the accounts, and any gain or
loss is recorded.

Inventories are stated at the lower of cost of market.  Cost is determined
by the first-in, first-out (FIFO) method.

Advertising costs are charged to operations when incurred.  For the years
ended December 31, 2000 and 1999 advertising expense amounted to $0.

Net loss per common share is based upon the weighted average common shares
outstanding during each period.

Read Independent Auditors' Report


New Era Trading Group, Inc.
Notes to Financial Statements
Years Ended December 31, 2000 and 1999

3.  Equipment

There was no equipment as of December 31, 1999 and 2000.

4.  Inventory

There was no inventory as of December 31, 1999 and 2000.

5.  Deferred Offering Cost

Deferred Offering Cost consists of costs incurred by the Company in the
process of a public offering.  There were no costs in 1999 and 2000.

6.  Notes and Advances Payable

Notes were paid off and advances were forgiven in 1998.

Read Independent Auditors' Report


New Era Trading Group, Inc.
Notes to Financial Statements
Years Ended December 31, 2000 and 1999

7.  Income Taxes

The Company has a net operating loss carryover available for future periods
of approximately $804,000.  This carryover will expire in 2007 and 2010.

8.  Stockholders' Equity

On January 21, 1989, the Company authorized and issued 100 shares of common
stock for a $1 par value.  On October 18, 1993, the Company increased the
authorized shares of common stock to 2,500,000 shares with a par value of
$.01.  Also on October 18, 1993, the Company's Board of Directors declared
a stock split (9,000 for 1) of its outstanding common stock.

The Company has issued 2,715,000 options to purchase shares of the
Company's common stock at $.20 per share.  These options will expire in the
years 1999 through 2001.

During February 1996, the Board of Directors authorized a 5-for-1 stock
split of common stock to stockholders of record as of  February 10, 1996.

9.  Lease Commitments

There are no outstanding lease commitments.

Read Independent Auditors' Report


PART III

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

The names, ages and terms of office of directors and executive officers of
the Company are set forth in the following table.

Name                Age   All positions with Company         Director since
J. Stuart Grant     41    Director                                     1992
Steven L. Hocke     47    Director and President                       1995
Ronald L. Mallett   51    Director and Chief Financial Officer         1997
Jackson L. Morris   57    Director and Secretary                       1997

Each director is elected by holders of a majority of the Common Stock to
serve for a term of one year and until his successor is elected and
qualified.  Directors were last elected by the stockholders in 1996 and
those directors have continued in office until the present time.  Officers
serve at the will of the board.  Directors have been compensated for their
services by the issuance of the Options which have been converted into a
lesser number of shares of Common Stock.  The Company does not have any
agreement to pay compensation to its presently incumbent directors or
officers.  Any future compensation payable to directors will be in the
discretion of the board of directors taking office following a Business
Combination.  The presently incumbent directors and officers expect to
resign in connection with a Business Combination; provided, the retiring
board expects to elect the persons designated by the board of the Target
Business as directors to fill vacancies created by such resignations.  None
of the presently incumbent directors and officers are, nor have they been
within the last five years, directors or officers of shell companies,
except for Mr. Hocke who was for period of approximately five months a
director of Fuji Electrocell Corp. and in which capacity he was not
involved in locating a merger partner for that company.

J. Stuart Grant is a director and the controlling stockholder.  Mr. Grant
joined the Company in 1992 and served as its president from that time until
June 1999.  Mr. Grant is the founder, a director and president on a full
time basis of 1 Global City.Com, Inc., a Florida corporation, which is
developing a Web site on the Internet, provides Web design and development
services and information technology services to others and is distributing
business card size cd-roms.  Between February and November 1998, when Mr.
Grant founded 1 Global City.Com, Inc., Mr. Grant essentially was not
employed.  Mr. Grant was employed with Home Federal Bank from 1986 to 1987
as a branch manager and with Barnett Bank from 1987 to 1988 in the
commercial credit department.  He was employed as a registered
representative with the investment banking firms of Shearson, Lehman
Brothers from 1988 to 1990, with Smith Barney from 1990 to 1991 and with
Raymond James and Associates from 1991 to 1992.  In the securities
brokerage business, Mr. Grant customers were primarily individual
investors.  Mr. Grant earned a Bachelor of Business Administration degree
(1986) from Morehead State University in Kentucky.

Steven L. Hocke is a director and, since February 1998, the president of
the Company, has been for the past fifteen years and is now an independent
mortgage broker.  From 1994 to the present, Mr. Hocke has been affiliated
as an independent mortgage broker with Mid America Funding Corporation at
its office in Fort Lauderdale, Florida.  From 1985 to 1994, Mr. Hocke was
affiliated as an independent mortgage broker with Residential Mortgage
Services, Inc. in Fort Lauderdale, Florida.  Mr. Hocke also has a real
estate sales license and is affiliated with Jalmark Real Estate in Pembroke
Pines, Florida.  Mr. Hocke is a director and vice president of 1 Global
City.Com, Inc.  He earned a B.S. degree in elementary education (1975) from
Valparaiso University in Valparaiso, Indiana and a M.E. degree in education
(1986) from Nova University, in Davie, Florida.

Ronald L. Mallett, a director and treasurer of the Company, is a Vice
President and the General Manager of Thigpen Heating & Cooling, Inc. of
Jacksonville, Florida, employment which he started in June 1997.  From 1990
to June 1997, Mr. Mallett was a vice president of Certified Air
Contractors, Inc. of Jacksonville, Florida.  Both Thigpen Heating &
Cooling, Inc. and Certified Air Contractors, Inc. are regional heating, air
conditioning and refrigeration contractors with annual sales of
approximately $4 million and $3 million, respectively.  Mr. Mallett's
duties with each company include sales and operations.  Mr. Mallett is a
member of the Occupational License Tax Equity Study Commission, a post
appointed by the mayor of Jacksonville, Florida, for one year beginning
1995.  From 1990 to 1995, Mr. Mallett was the president of Jacksonville Air
Conditioning Contractors Association and in 1990 and 1991 he was a member
of the board of the American Subcontractors Association, North Florida
Chapter.  Beginning in 1994 to the present Mr. Mallett has served on
several committees of the Associated General Contractors of North Florida
and was elected to the board of that organization in 1996.  Mr. Mallett is
a director and the executive vice president of 1 Global City.Com, Inc.  Mr.
Mallett retired from the U.S. Marine Corps in 1990 with the rank of Captain
after twenty-three years of service.  Mr. Mallett earned a B.S. degree in
occupational education (1985) from Southern Illinois University.

Jackson L. Morris, Esq., a director and secretary of the Company, is an
attorney in private practice since 1992.  He practiced law in Tampa and St.
Petersburg, Florida with the law firm of Harris, Barrett, Mann & Dew in
1991 and 1992.  Mr. Morris was a founding member of the St. Petersburg,
Florida law firm of Greene & Mastry, P.A. in 1984, practicing law with that
firm until 1991 and with its predecessor from 1982 to 1984.  Mr. Morris'
law practice has been primarily in the areas of general corporate,
securities and contract law.  Mr. Morris is a member of The Florida Bar,
The State Bar of Georgia (inactive) and The District of Columbia Bar.  He
is admitted to practice before the United States Tax Court and Supreme
Court of the United States of America.  Mr. Morris is a director of
Stampede Worldwide, Inc., a company whose stock is publicly traded and
quoted on the OTC Bulletin Board which has recently filed for protection
from creditors under Chapter 11 of the Bankruptcy Code.  Mr. Morris is a
director, the secretary and general counsel of 1 Global City.Com, Inc.  Mr.
Morris has agreed, without admitting or denying the facts therein, to entry
of an administrative order by the U.S. Securities and Exchange Commission
on April 3, 2001 that he cease and desist from the sale of securities in
violation of the registration requirements of the Securities Act of 1933,
as amended.  The order stems from public sales in 1998 of 50,000 shares of
stock Mr. Morris received in payment of legal fees in connection with a
reverse merger and which he made in reliance upon an opinion of counsel the
Commission alleged was invalid.  Mr. Morris earned a B.A. degree in
economics (1966) and a Juris Doctor degree (1969) from the Emory University
in Atlanta, Georgia and a LL.M. degree in federal taxation (1974) from
Georgetown University Law Center.

Section 16(a) Beneficial Ownership Reporting Compliance-

None of the directors, officers or persons owning more than five percent of
the Company's common stock have filed reports of beneficial ownership on
Forms 3, 4 or 5 pursuant to Section 16(a) under the Securities Exchange Act
of 1934, as amended.  Such persons will file a report on Form 3, subsequent
to the date hereof in anticipation that the Common Stock will be admitted
to quotation on the OTC Bulletin Board.

Item 10. Executive Compensation:

Mr. Hocke has not been paid any cash compensation or received any non cash
compensation for serving as the Company's president beginning June 1998 to
the present.  Mr. Grant, who served as the Company's president prior to
June 1998 was not paid any cash compensation in 1998.  In February 1998,
the Company transferred a 1992 Lexus ES300 (subject to a $9,000 lien and on
which Mr. Grant had been making payments for eight months) and $2,000 to
Mr. Grant in lieu of accrued compensation and Mr. Grant released the
Company from its obligation to pay the balance of accrued compensation.
The Company has not any compensation to other directors or officers during
the three year period ended December 31, 2000.

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

The names of directors and officers and the name of each person who owns
legally and beneficially more than five percent of the Company's issued and
outstanding Common Stock on April 25, 2001 which has not changed since
December 31, 2000, the address of each such person, the number of shares
which each owns and the percentage of the outstanding Common Stock
represented by such shares is set forth in the following table.

Name                             Number of shares               Percentage

J. Stuart Grant                      3,218,000 (1)                   21.4
311 Palmetto Lane, Largo, Florida 33770
Steven L. Hocke                      2,002,500 (2)                   13.3
7511 N.W. First Court, Pembroke Pines, Florida 33024
Ronald L. Mallett                      590,000 (3)                    3.9
2716 Victorian Oaks Drive, Jacksonville, Florida 32223
Jackson L. Morris                      635,320 (4)                    4.2
3116 West North A Street, Tampa, Florida 33609-1544
Directors and officers               6,445,820                       42.8
as a group (4 persons)
Sergia Quijano                         765,000 (5)                    5.1
2140 Taylor Street, Apt. 903, San Francisco, California 94133

(1)  2,505,500 shares acquired more than two years ago.
(2)  1,847,500 shares acquired more than two years ago.  Beneficial
ownership of 1,047,500 shares held jointly by Mr. Hocke and his wife.
(3)  500,000 shares acquired more than two years ago.  Beneficial ownership
of 10,000 shares held jointly by Mr. Mallett and his wife.
(4)  150,000 shares acquired more than two years ago.  Includes 100,000
shares which the transfer agent has overlooked issuance.
(5)  All shares acquired more than two years ago.

Item 12.  Certain Relationships and Related Transactions.

The Company has not engaged in any related party transactions with its
directors or officers within the twelve months ended December 31, 2000.

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

(a) Exhibits:

3(a)  Articles of Incorporation, as amended, incorporated by reference to
Registration Statement on Form 10-SB, Commission File No. 000-30599.

3(b)  Bylaws, incorporated by reference to the Registration Statement on
Form 10-SB, Commission File No. 000-30599.

(b) Reports on Form 8-K.   The Company did not file any reports on Form 8-K
during the last three months of the period covered by this annual report.

SIGNATURES

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

NEW-ERA TRADING GROUP, INC.
By: /s/ Steven L. Hocke
Steven L. Hocke
President and Chief Executive Officer
Date signed:  June ___, 2001

By: /s/ Ronald L. Mallett
Ronald L. Mallett,
Principal Accounting and Chief Financial Officer
Date signed:  June ___, 2001

EXHIBIT INDEX

EXHIBIT 23  Consent of certifying auditor

We hereby consent to the use in this annual report on Form 10-SB of
our report dated January ___, 2001, relating to the December 31, 1999 and
2000
financial statements of New-Era Trading, Inc.
/s/ Ana M. Costales
Costales & Costales
Miami, Florida
June ___, 2001