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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-K

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


For the fiscal year ended January 31, 2000   Commission File Number  000-18081

                       RAMEX SYNFUELS INTERNATIONAL, INC.
             (Exact name of registrant as specified in its charter)


         Nevada                                             87-0360039
(State of Incorporation)                            (IRS Employer Ident. No.)

            2204 W. Wellesley
       Spokane, Washington  99205                     (509)  328-9633
(Address of principal executive offices)      (Registrant's telephone number)

          Securities registered pursuant to Sections 12(b) of the Act:

         Title of Each Class          Name of Exchange on Which Registered
         -------------------          ------------------------------------
                  None                               None

          Securities registered pursuant to Sections 12(g) of the Act:

                                 Title of Class
                                 --------------
                              (Common Stock ($0.01)

Indicate by check mark whether the registrant (1) has filed all reports required
by Section 13 or 15(d) of the  Securities  and  Exchange  Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such  reports):  Yes _x_ No ___, and (2) has been subject to such filing
requirements for the past 90 days: Yes _x_ No ___.

State the aggregate market value of the voting stock held by  non-affiliates  of
the registrant.

Approximately  $1,363,794  as  of  March  10,  2000.

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.

                             As of January 31, 2000
                   Common Stock, $0.01 Par Value - 28,138,765









<PAGE>                                   1

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000
                                TABLE OF CONTENTS

                                     PART 1

Item  1          Description  of  Business                                     3
Item  2          Properties                                                    9
Item  3          Legal  Proceedings                                            9
Item  4          Submission of Matters to a Vote of Security  Holders         10

                                     PART II

Item  5          Market  for  Registrant's  Common  Equity  and  Related
                      Stockholders'  Matters                                  10
Item  6          Selected  Financial  Data                                    11
Item  7          Management's Discussion and Analysis of Financial
                      Condition and Results of Operation                      11
Item  8          Financial  Statements  and  Supplementary  Data              12
Item  9          Changes In and Disagreements With Accountants on
                      Accounting and Financial Disclosure                     12

                                    PART III

Item  10         Directors and Executive Officers of the Registrant           12
Item  11         Remuneration  of  Directors  and  Officers                   14
Item  12         Security  Ownership  of  Certain  Beneficial  Owners  and
                      Management                                              15
Item  13         Interest of Management and Others in Certain Transactions    16

                                     PART IV

Item  14         Exhibits, Financial Statement Schedules, and Reports
                      on Form 8-K                                             16
SIGNATURES                                                                    17
Audited  Financial  Statements  and  Notes  to  Financial  Statements         18
Consent  of  Auditors                                                         28























<PAGE>                                   2

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

                                     PART I

ITEM  1     DESCRIPTION  OF  BUSINESS

Overview

Ramex  Synfuels  International,  Inc.,  a  Nevada  Corporation  ('Ramex"  or the
"Company")  was  originally  incorporated  and commenced operations as Cache Oil
Corporation  in March, 1980 under the laws of the State of Utah.  In July, 1980,
Cache Oil Corporation purchased in a business combination all of the outstanding
common  stock  of  Rams Horn, Inc., a Wyoming Corporation which was subsequently
dissolved.  In December 1980, Cache Oil Corporation merged with the wholly owned
subsidiary of Rams Horn, Inc., Ramex Synthetic Fuels International, Inc., a Utah
Corporation,  with  the  name of the surviving Utah Corporation being changed to
Ramex  Synfuels  International,  Inc.  Ramex changed its domicile to Nevada from
Utah  in  December 1988.  All entities involved were in the development stage at
the  time  of  acquisition  or  merger.

Ramex  was  organized  for the purpose of developing and extracting of oil, gas,
and  other  energy  sources from oil bearing shale.  On May 29, 1990 the Company
was  issued  a  United  States Patent for its oil shale gasification process and
maintains  exclusive rights to this process in the United States.  The patent is
valid  until May 28, 2007.  The Company believes that the low cost and efficient
economics  of  the  process  make  it  very  important  to  the future of Ramex.
At present, the oil shale gasification process has been tested in the laboratory
and  in  several  field tests in Wyoming and Indiana.  However, the results from
the process, as utilized on a commercial basis, are unknown and no assurance can
be  given  as  to  the  amount  of  gas the process will produce, if any, or the
longevity  of  any  such  production.

As  of  January  31,  2000,  Ramex  was not producing oil or oil shale products.

Ramex  Research  Partners,  Ltd.

Ramex  Synfuels  International,  Inc.  is  the General Partner of Ramex Research
Partners,  Ltd.  (the  "Partnership').  Ramex was in the development stage until
1992,  when  initial  investigations  closed.  For  the  purposes of funding the
further  testing,  on  September  30, 1993, the Company, as sponsor of a private
placement  of  limited  partnership  interests  in Ramex Research Partners, Ltd.
Closed  its  offering  at the minimum amount intended to be sold of $110,000 and
issued  a  press  release  regarding  the  same.  The partnership interests were
offered  to investors' meeting suitability standards in multiples of $5,000 with
a  minimum  purchase  of  one  unit.

The  Partnership was formed for the purpose of participating with the Company in
further  enhancement  and development of the oil shale gasification process (the
"Process").   The  funds  which  Ramex received from the Partnership, as well as
funds  received  from  other  sources, including funds received form the sale of
shares of common stocki in the future, if any, have been and are scheduled to be
utilized by the Company to conduct additional research of the process which will
have  as  its goals (i) the further understanding of the process involved in the
in-situ  gasification  of  shale  oil;  and





<PAGE>                                   3

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Ramex  Research  Partners,  Ltd.  (Continued)

(ii)  the  further development of the technology utilized into the design of the
down-hole heaters, which are an integral part of the application of the process,
in  order  to  increase the efficiency of such heaters; (iii) the development of
more  efficient  methods  for  handling  the  gases  produced as a result of the
application  of  the  process;  (iv)  the development of more efficient drilling
methods  for penetrating and exploiting oil shale through the application of the
process;  and  (v) the development of water containment methods to eliminate the
problem  of  down-hole  water  flowing  in  the  heater;  and  (vi)  payment  of
outstanding  accounts  payable  and  to  fund current operating expenses, to the
extent  possible,  of  the  Company.

In  consideration  of  the  capital  which the Partnership has made available to
Ramex to fund its research and development activities, the Company grants to the
Partnership  a limited term royalty, payable out of the proceeds of gas produced
from  the  application  of the process.  The limited term royalty shall continue
until the partnership has received the greater of (i) payments aggregating 1.10%
of  the  net  profits  received  from the first 1,000 wells drilled and produced
using the Ramex process or (ii) payments the limited partners receive aggregates
ten  times  their  original  contribution.

Subsequent  to  establishing  the  above relationship, on December 13, 1993, the
Company  entered  into a contractual agreement with Southwest Research Institute
of  San  Antonio,  Texas,  for first phase testing of the patented Ramex in-situ
gasification  process.  After  the  completion  of  the  first phase, a plan was
developed  for further phases of testing; however, it was not implemented due to
lack  of  available  funding.  The contractual agreement with Southwest Research
Institute  expired  in  September,  1997.

The  Oil  Shale  Gasification  Process

Since  1980,  Ramex  has  been  researching  and  developing a method to extract
synthetic  natural  gas  from  oil  shale.  The  oil  shale gasification process
invented  and  patented by Ramex is an in-situ operation requiring no mining.  A
well  similar  to a natural gas well is drilled into an oil shale formation, and
the  fired  by  a  specially developed propane or natural gas power heater.  The
heater  raises  the  temperature  of   the  immediately  surrounding   shale  to
approximately  1,200  degrees  Fahrenheit.  Based on laboratory and field tests,

raising  the  temperature of oil shale to that point causes a molecular reaction
somewhat  similar  to  the  reaction  in  coal  when it is turned into coke.  No
combustion takes place in the shale.  Instead, hydrocarbons trapped in the shale
are  released  predominantly  as  shale  gas  with  a  small amount of shale oil
produced  as  well.

Development  of the method began in the laboratory and progressed to initial and
second  field  tests near Duchesne, Utah, followed by two additional field tests
near  Rock  Springs,  Wyoming.  In  April  1988,  Ramex began field-testing near
Henryville,  Indiana, where a total of eight wells were frilled.  Throughout the
testing  the  Company  continued  to  develop  and  refine  its  process.







<PAGE>                                   4

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

The  Oil  Shale  Gasification  Process  (Continued)

Based  on  information  derived from the above mentioned tests. Ramex has proven
that  it  can  produce  synthetic natural gas by drilling a hold into oil shale,
inserting  a  heater  and raising the temperature over 1,000 degrees Fahrenheit.
The  Company  developed a heater which will allow the Company to put substantial
BTUs  of  heat  into  the  shale,  including surface equipment and mechanisms to
control the heater temperature and monitor the temperature of the shale as it is
being  heated.

Questions  yet  to  be answered prior to using the process on a commercial basis
are:

1.     How  fast  does  the  heat  reaction  move  thorugh  the  shale?

2.     How  far  will  the reaction go from the heat source and how much heat is

necessary  on an incremental basis to keep the reaction zone moving outward from
the  source  heat?

3.     What  is  the exact chemical composition of the gas that is produced from
the  process  over a period of time and does the composition change with varying
amounts  of heat and if so, what is the ideal amount of heat to produce the most
desirable  chemical  composition  of  the  gas?

In  all  of  the  field  tests  in  Indiana,  Ramex was able to answer the above
questions  due  to  water  incursions into the heating area after the burner was
installed.  Management  determined  that it needs a lengthy burn in a water free
environment, and could not be assured that Ramex's lease holdings at the time in
Indiana  would  provide  that  kind  of  environment.

The  technology is available to de-water an area of shale.  De-watering requires
analyzing  the  water  table  in  the  intended gasification area and drilling a
number of wells around the perimeter from which the water is pumped out creating
a  cone of depression.  The Company believes that in a commercial application of
the  de-watering  process, cost per basis would be minimal, but to do so for one
will  on  a research basis is cost prohibitive.  Therefore, while the commercial
production  of  gas  from  the  oil shale in Indiana and other states where high
water  tables are present is very possible, those locations are not suitable for
further  research  development  studies.

For  the  purposes of the Company, laboratory simulation represents a tremendous
advantage over continue trial and error research in the field.  Variables can be
introduced,  such  as  higher  or  lower temperatures and the effects studied to
determine exactly the correct temperature necessary to achieve the best reaction
and  to  maintain  the  most economical thermal front movement within the shale.
The  combustion  of  the  gas produced can be tested 7using variable conditions.
Volume of gas produced its composition and the ultimate economics of the process
can  be  determined  and  perfected  much  more  quickly.









<PAGE>                                   5

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Competitive  Conditions

Oil shale gasification is a relatively new process for the commercial production
of  synthetic natural gas, and there are comparatively few companies involved in
this  activity.  At  least  initially, Ramex does not anticipate any significant
competition for geological prospects suitable for conducting its operations from
other  entities  in  the  oil  shale  gasification industry.  However, Ramex may
encounter  competition  in obtaining future prospects and in selling natural gas
by other companies and individuals engaged in traditinal exploration for oil and
gas as well as in the organization and conduct of drilling programs, may of whom
have greater financial resources and technical capabilities than the Registrant.

REGULATION

General

Ramex  has  no  operations that are currently affected by political developments
and  federal and state laws and regulations.  In particular, oil and natural gas
production  operations and economics are or have been affected by price control,
tax  and  other laws relating to the oil and natural gas industry, by changes in
such  laws  and  by changing administrative regulations.  There are currently no
price  controls  on oil, condensate or NGLs; to the extent price controls remain
applicable  after  the  enactment  of  the Natural Gas Wellhead Decontrol Act of
1989.

Legislation  affecting the oil and natural gas industry is under constant review
for  amendment or expansion, frequently increasing the regulatory burden.  Also,
numerous  departments  and  agencies,  both federal and state, are authorized by
statute  to  issue  and have issued rules and regulations binding on the oil and
natural  gas industry and its individual members, compliance with which is often
difficult  and  costly  and certain of which carry substantial penalties for the
failure  to  comply.  Ramex  cannot  predict  how  existing  regulations  may be
interpreted  by  enforcement  agencies  or  courts,  nor  whether  amendments or
additional regulations will be adopted, nor what effect such interpretations and
changes  may  have  on  Ramex's  business  or  financial  condition.

Natural  Gas  Regulation

Historically,  interstate  pipeline  companies  generally  acted  as   wholesale
merchants by purchasing natural gas from producers and reselling the natural gas
to  local  distribution companies and large end users.  Commencing in late 1985,
the  Federal Energy Regulatory Commission (the "FERC") issued a series of orders
that  have  had  a  major  impact on interstate natural gas pipeline operations,
services, and rates, and thus have significantly altered the marketing and price
of natural gas.  The FERC's key rule making action, Order No. 636 ("Order 636"),
issued  in April 1992, required each interstate pipeline to, among other things,
"unbundle"  its traditional bundled sales services and create and make available
on  an  open  and nondiscriminatory basis numerous constituent services (such as
gathering  services,  storage  services,  firm  and interruptible transportation
services,  and standby sales and natural gas balancing services), and to adopt a
new  rate  making  methodology  to  determine






<PAGE>                                   6

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Natural  Gas  Regulation  (Continued)

appropriate rates for those services.  To the extent the pipeline company or its
sales  affiliate makes natural gas sales as a merchant in the future, it does so
pursuant  to  private  contracts  in  direct competition with all other sellers;
however,  pipeline  companies  and  their affiliates were not required to remain
"merchants"  of  natural gas, and most of the interstate pipeline companies have
become "transporters only."  In subsequent orders, the FERC largely affirmed the
major  features  of Order 636 and denied a stay of the implementation of the new
rules  pending  judicial review.  By the end of 1994, the FERC had concluded the
Order  636  restructuring  proceedings,  and,  in general, accepted rate filings
implementing Order 636 on every major interstate pipeline.  However, even though
the   implementation  of  Order  636  on   individual  interstate  pipelines  is
essentially complete, many of the individual pipeline restructuring proceedings,
as  well  as  Order  636  itself and the regulations promulgated thereunder, are
subject to pending appellate review and could possibly be changed as a result of
future  court  orders.  Ramex  cannot  predict whether the FERC's orders will be
affirmed  on  appeal  or  what  the  effects  will  be  on  its  business.

In  recent  years  the  FERC also has pursued a number of other important policy
initiatives which could significantly affect the marketing of natural gas.  Some
of  the  more  notable  of  these regulatory initiatives include (i) a series of
orders  in  individual  pipeline  proceedings articulating a policy of generally
approving  the  voluntary  divestiture  of  interstate  pipeline owned gathering
facilities  by  interstate  pipelines  to  their affiliates (the so-called "spin
down"  of  previously   regulated  gathering   facilities   to  the   pipeline's
non-regulated  affiliate),  (ii)  the  completion of a rule making involving the

regulation of pipelines with marketing affiliates under Order No. 498, (iii) the
FERC's  ongoing efforts to promulgate standards for pipeline electronic bulletin
boards  and electronic data exchange, (iv) a generic inquiry into the pricing of
interstate  pipeline  capacity,  (v)  efforts  to  refine the FERC's regulations
controlling  operation  of  the secondary market for released pipeline capacity,
and   (vi)  a   policy  statement   regarding  market  based  rates   and  other
non-cost-based  rates for interstate pipeline transmission and storage capacity.

Several  of these initiatives are intended to enhance competition in natural gas
markets,  although  some,  such  as "spin downs," may have the adverse effect of
increasing the cost of doing business on some in the industry as a result of the
monopolization  of  those facilities by their new, unregulated owners.  The FERC
has  attempted  to address some of these concerns in its orders authorizing such
"spin  downs,"  but it remains to be seen what effect these activities will have
on  access  to  initiatives,  the  ongoing,  or  in  some instances, preliminary
evolving nature of these regulatory initiatives makes it impossible at this time
to  predict  their  ultimate  impact  on  Ramex's  business.

Federal  Taxation

The  federal  government  may  propose  tax  initiatives that affect the oil and
natural  gas  industry, including Ramex.  Due to the preliminary nature of these
proposals, Ramex in unable to determine what effect, if any, the proposals would
have  on  product  demand  or  Ramex's  results  of  operations.







<PAGE>                                   7

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Other  Proposed  Legislation

In  the  past,  Congress  has  been  very  active  in  the  area  of natural gas
regulation.  Legislative  proposals  are  pending  in  various  states which, if
enacted,  could  significantl7y  affect  the  petroleum  industry.  Ramex cannot
predict  which  proposals,  if any may actually be enacted by Congress or any of
the  state  legislatures,  and  what  impact, if any, such proposals may have on
Ramex's  operations.

Environmental

Ramex  currently  has  no operations.  If Ramex were to initiate any drilling or
exploitation  of  oil  shale,  the Company would be subject to numerous laws and
regulations  governing  the  discharge  of  materials  into  the  environment or
otherwise  relating  to  environmental  protection.  These  laws and regulations
require  the  acquisition  of  a  permit before drilling commences, restrict the
types,  quantities  and concentration of various substances that can be released
into  the  environment  in  connection  with drilling and production activities,
limit  or prohibit drilling activities on certain lands lying within wilderness,
wetlands  and  other  protected  areas,  and  impose substantial liabilities for
pollution  which  might  result  from  Ramex's operations.  Moreover, the recent
trend  toward  stricter standards in environmental legislation and regulation is
likely  to  continue.

For  instance,  legislation has been proposed in Congress from time to time that
would  reclassify  certain crude oil and natural gas exploitation and production
wastes as "hazardous wastes" which would make the reclassified wastes subject to
much  more  stringent  handling,  disposal  and  clean-up requirements.  If such
legislation  were  to  be  enacted,  it  could  have a significant impact on the
operating costs for the oil and natural gas industry in general.  Initiatives to
further  regulate  the  disposal  of  crude  oil and natural gas wastes are also
pending  in  certain  states, and these various initiatives could have a similar
impact.  This  could  incur  substantial costs to comply with environmental laws
and regulations.  In addition to compliance costs, government entities and other
third parties may assert substantial liabilities against owners and operators of
oil and natural gas properties for oil spills, discharge of hazardous materials,
remediation  and  clean-up  costs  and  other  environmental  damages, including
damages  caused  by  previous  property  owners.

The  Pollution  Act  of  1990  (OPA")  imposes  a   variety  of  regulations  on
"responsible  parties"   related   to  the   prevention  of  oil   spills.   The
implementation  of  new,  or the modification of existing, environmental laws or
regulations, including regulations promulgated pursuant to the Oil Pollution Act
f  1990,  could  have  a material adverse impact on Ramex.  While Ramex does not
anticipate  incurring material costs in connection with environmental compliance
and  remediation,  it cannot guarantee that material costs will not be incurred.

Employees

At  January  31,  2000,  the  Registrant  had  no  salaried  employees.







<PAGE>                                   8

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Other

During  January  2000,  the  Company  executed  a  plan  of  reorganization with
SportsSports.com,  Inc., a Florida Corporation, doing business on the World Wide
Web as Sportsend.com.  The plan of reorganization specifies that Ramex will have
a  one  for  thirty  reverse  split  of its issued and outstanding common stock.
Ramex  also  plans  to  either  dispose  of  or  sell its oil shale gasification
business,  which  would  include  its  patent.

ITEM  2     PROPERTIES

Patent

In  November  1989,  Ramex received approval from the U.S. Patent Office for its
patent  application  for  oil shale gasification process.  The actual patent was
issued  on  May  29,  1990.  Ramex's  patent  covers the drilling of a hole into
hydrocarbon  bearing  shale,  inserting  a heater and applying heat to the shale
formation  to  cause  a reaction which will produce synthetic natural gas and to
extract  that  gas through the same bore hole.  It also includes the description
of  the  equipment  itself.

The  Registrant's  executive  offices are located at 2204 W. Wellesley, Spokane,
Washington  99205.

ITEM  3     LEGAL  PROCEEDINGS

A  judgement  was  granted  in  1990  to  Jack  Guthrie  and Associates, Inc. of
Louisville,  Kentucky  to  recover  $12,076.70.  nothing has occurred during the
fiscal  period  ended January 31, 1999 on the judgement.  A lawsuit was filed by
Paul  A.  Petzrick  of  Annapolis, Maryland to recover $11,524.00 for consulting
services.  As  of  the  date  of this Form 10-K for the period ended January 31,
2000,  no  activity  has  occurred  on  this lawsuit.  The Registrant intends to
settle  both  of  these  obligations.

The  officers  and directors of the Registrant certify that to the best of their
knowledge,  neither  the  Registrant  nor  any  of its officers or directors are
parties  to  any  material  legal  proceedings  or  litigation  other  than that
referenced  herein.  The officers and directors of the registrant do not know of
any  other  litigation  being  threatened  or  contemplated.  To the best of the
knowledge  of  the  officers  and  directors  of  the  Registrant,  there are no
investigations  of any felonies, misfeasance or securities investigations nor is
there any other pending or threatening litigation at the present time other than
that  referenced  herein.














<PAGE>                                   9

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

ITEM  4     SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS
There were no submissions to a vote of security holders during the fourth fiscal
quarter  ended  January  31,  2000.

                                     PART II

ITEM  5     MARKET  FOR  REGISTRANT'S  COMMON  EQUITY  AND  RELATED
                        STOCKHOLDERS  MATTERS

The  Registrant's  common  stock is listed on the OTC Bulletin Board of the NASD
under  the symbol "RAMX."  No assurance can be given that the present market for
the  Registrant's  common  stock  will  continue.

The  following table sets forth the high-ask and low-bid quotations per share as
published  by  the  National  Quotation  Bureau,  Inc.  for the fiscal quarterly
periods  indicated:

<TABLE>
Market  Price:
                                       Fiscal year ending
                                           January 31,
                               1999                           2000
                      ----------------------          ---------------------
    Period             High             Low            High           Low
--------------------  ------          ------          ------         ------

<S>                   <C>             <C>             <C>            <C>
    First Quarter     $0.017          $0.003          $0.003         $0.009
    Second Quarter    $0.017          $0.005          $0.04          $0.015

    Third Quarter     $0.017          $0.005          $0.04          $0.03
    Fourth Quarter    $0.017          $0.009          $0.19          $0.035
</TABLE>\

Such  over-the-counter  market  quotations  reflect inter-dealer prices, without
retail  mark-up, markdown or commission and may not necessarily represent actual
transactions.

Shareholders:

As  of  January  31, 2000 there were approximately 3953 holders of record of the
Common  Stock  of  the  Company.

















<PAGE>                                   10

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Dividends

The  Company  has  paid no cash dividends to date, and it does not intend to pay
any  cash  dividends  in  the  foreseeable  future.

ITEM  6     SELECTED  FINANCIAL  DATA
            (Not covered by report of independent accountants)
<TABLE>

                                               Years Ended January 31,
                              ----------------------------------------------------------
                                 1996        1997        1998        1999        2000
                              ----------  ----------  ----------  ----------  ----------
<S>                           <C>         <C>         <C>         <C>         <C>
Revenues                             -0-         -0-         -0-         -0-         -0-
Net loss from operations        (21,081)    (19,168)    (19,901)    (22,957)    (20,783)
Income from forgiveness
     of debt                     17,692          -0-         -0-         -0-         -0-
Income from interest                 -0-         18          27          39          -0-
Net loss                        (21,081)    (19,150)    (19,874)    (22,918)    (20,783)
Net loss per common share           NIL         NIL         NIL         NIL         NIL
Current assets                    9,408       2,209       1,281       6,509      10,484
Current liabilities             144,052     156,003     169,949     181,095      51,127
Total Assets                      9,408       2,209       1,281       6,509      10,484
Stockholders' equity (deficit) (134,644)   (153,794)   (168,668)   (174,586)    (50,743)

ITEM  7     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL
                        CONDITION  AND  RESULTS  OF  OPERATION

Since  inception, the Company's activity has been limited to conducting research
and  development  of  the  Process for extracting synthetic natural gas from oil
shale  as  described  elsewhere in this report.  The funds used to complete this
research  and  development  were  initially  provided  by  the  sale  of  common
restricted  stock  from  the authorized, but unissued, shares of common stock of
Ramex,  loans  made  by  shareholders  and  by  the  sale of limited partnership
interests  in  Ramex  Research  partners,  Ltd.

It  was  determined after the completion of the last field project in Indiana in
1995, that it would be necessary to next go to a laboratory research arrangement
to  answer  some  of the basic questions developed as a result of the field work
done  by  Ramex.  The  Company  has not undertaken any such laboratory research.
Liquidity  and  Capital  Resources:

As  of  January  31,  2000  Ramex's  current  assets  were  $10,484, and current
liabilities  were  $51,127.  Thus,  there  was  a  working capital deficiency of
$40,643.











<PAGE>                                   11

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Results  of  Operations:

During  the  fiscal  year  ended  January  31,  2000, the Company incurred total
expenses  of  $20,783.  These  expenses  were for normal daily operations of the
Company,  including  consulting  services.  As  in  the  past several years, the
Company  had  no  revenues  for  the  year  ended  January  31,  2000.
Environmental  Ramifications  of  the  Ramex  Process:

The Company has made in-depth inquiries to ascertain the environmental safety of
its gasification process.  To obtain a further understanding of the mobilization
of  trace  elements  and to indicate the environmental and health effects of the
Process, Ramex conducted a survey of literature looking for similar scenarios on
equivalent  strata.  The  survey discovered no relevant information indicating a
possible  negative  environmental  impact  of  the  Ramex  process.

Ramex  conducted  actual  field tests on ground water in and around a production
well.  In  order  to  assure reliability, both the Indiana Geological Survey and
Environmental Consultants of Clarkville, Indiana conducted a series of tests for
Ramex  as  well.  The tests compared leachate composition and the results showed
that the Process did not materially affect the water in the area near the tested
well  sites.

Further  discussion  of  both  government and environmental regulations that may
impact  future operations of the Company is reported in Item 1.  The Company has
no way to predict what impact, if any, such laws and regulations may have on any
of  its  future  operations.

ITEM  8     FINANCIAL  STATEMENTS  AND  SUPPLEMENTARY  DATA
Financial  statements  appear on sequential pages 19 to 30 of this Annual Report
on  Form  10-K.

ITEM  9     CHANGES  AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON
                        ACCOUNTING  AND  FINANCIAL  DISCLOSURE
None

                                 PART III

ITEM  10     DIRECTORS  AND  EXECUTIVE  OFFICERS  OF  THE  REGISTRANT

Members  of  the  Board of Directors and/or Executive Officers of the Registrant
and  further  information  concerning  them  are  as  follows:


</TABLE>
<TABLE>
Name                           Age    Position
-----------------------------  ---    -----------------------------------------------
<S>                            <C>    <C>
Maynard  M.  Moe                58    President, Chief Executive Officer and Director
Kerry  L.  Weger                53    Secretary-Treasurer,  Director
George  Shutt                   79    Director
John  F.  Mayer                 58    Director
Sigurd  "Morris"  Mathisen      67    Vice-President
</TABLE>

There  are  no  family relationships among the current Directors and Officers of
the  Company.


<PAGE>                                   12

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Maynard  M.  Moe, age 58, President, Chief Executive Officer and a Director, was
elected  by  the Board of Directors on October 8, 1983.  He was a Vice-President
from  January  20,  1993  to  October  8,  1993.  Mr.  Moe  was first hired as a
consultant by the Registrant to handle day-to-day operations of Ramex as well as
shareholder  relations.  He  attended Eastern Washington College of Education in
1959 and 1960.  He attended the Spokane Community College for Oil Advance Burner
Technology  courses  in 1965 and he received his oil burner mechanics license in
1965.  Prior  to  his consulting work with Ramex, Mr. Moe was a stockbroker with
Dillon  Securities  in  Spokane, Washington form 1978 to 1992.  Mr. Moe obtained
Washington State Series 63, NASD Series 7 and Principle Series 23 licenses.  Mr.
Moe  served  as  a  committee  chairman  and  vice president and director of the
Spokane  Stock  Exchange  for  eighteen  months.  On  August 31, 1992, Mr. Moe's
chapter  11  plan  of  reorganization  was  confirmed,  in  order   to  pay  all
personal/business  debts  in  full over three years.  On March 13, 1996, Mr. Moe
received  a conformed copy of the Final Decree from the Court closing this case.
During  the  past  ten  years,  Mr. Moe has worked with different companies as a
consultant  for  shareholder  relations.

Kerry  L.  Weger, age 53, has been a Director and Secretary-Treasurer since June
22, 1992.  Mr. Weger attended Indiana University and received a B.A. in Business
and  a  JD from the Indiana University School of Law in 1971.  He is a member of
the  Indiana  and  Michigan  State  Bar Associations.  Mr. Weger has been in the
continuous  practice  of  law  for  twenty  years  and  is  currently practicing
corporate  law.  Mr.  Weger  has  represented  several  oil and gas drilling and
development  companies  and  is  familiar   with  all  phases  of  drilling  and
development.  Mr.  Weger  is  active  in  his  community,  is  a  member  of the
Bloomington  Planning  Commission,  the  Chamber of Commerce Erosion Development
Committee  and a past member of the Bloomington Little League Board of Directors
and  Monroe  County  Economic  Development  Council.

George  Shutt,  age  79,  has been a Director since June 22, 1992.  Mr. Shutt is
presently the owner and sole proprietor of GESCO Consultants.  GESCO Consultants
provides  consulting  and  manufacturing  representative  services  to  selected
segments of the aerospace industry.  Prior to forming GESCO Consultants in 1981,
Mr.  Shutt  was  employed by Hughes Aircraft Company for thirty years in various
capacities,    including    subcontracts   administrator,    project   engineer,
manufacturing  planning  for  complex  electronic   systems  and   manufacturing
supervisor.  Mr.  Shutt  also  worked  for  Ford Motor Company for five years in
commercial  sales and development of specialized vehicles.  Mr. Shutt has worked
variously  for Lockheed Aircraft Co. In the Research and Development Department.
He was with the U.S. Air Force as an instructor on instrument flying techniques.

John  F.  Mayer,  age  58,  has been a Director since October 1988.  He held the
offices  of  President  and Chief Executive Officer form June 22, 1992 until his
resignation  from these positions effective October 1, 1993.  Mr. Mayer attended
Southwest  Texas  Junior  College  (Associate  of  Arts  degree), Colorado State
University  (Bachelor of Science degree) and the University of Kansas (two years
of  post  service  where  he  was  employed  as a civilian scientist and weapons
graduate work in physics.).  Mr. Mayer retired in 1992 from civil system analyst
with  the  Department  of  Defense  for  20  years,  13  years  of which were in
management  positions.






<PAGE>                                   13

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

Sigurd  "Morris"  Mathisen,  age 67, has been a Vice-President since October 29,
1993.  Mr.  Mathisen  attended the Virginia Polytechnical Institute, majoring in
Civil  Engineering/Building  Construction.  Mr.  Mathisen's  work experience has
included   management,    administration,   planning,   budgeting,   scheduling,
contracting,  inspecting,  directing all phases of construction, with profit and
loss  responsibility  on all types of commercial, industrial, fossil and nuclear
power generation, and hazardous waste facilities.  Mr. Mathisen was instrumental
in  the  installation  baghouses,  wet  scrubber  systems,  and or electrostatic
precipitators on four separate 500 mega watt fossil fuel power generation units.
During  more  than  four  years  he was Assistant Resident Manager for J.A Jones
Construction  Co. At Hanford, Washington.  He has been responsible for direction
of  1,500  employees plus subcontractors, on new and maintenance construction of
nuclear  and  nuclear  waste  facilities and involved with the construction of a
total  of  twenty-six  multi-million  dollar  projects.

The  terms  of such Directors and Officers are for a period of one year or until
their  successors  are  duly  elected  and  qualified.

ITEM  11     RENUMERATION  OF  DIRECTORS  AND  OFFICERS

Officers:

For  the  fiscal  year  ended  January  31,  2000  none  of  the Officers of the
Registrant  had  cash  compensation  in  excess  of  $20,000.

Directors:

The  Directors  of the Company received no compensation for services rendered to
the  Registrant  during  the  fiscal  year  ended  January 31, 2000 in excess of
$20,000.

Stock  Option  and  Compensation  Bonus  Plan:

Ramex's  Stock  Option  and  Compensation  Bonus  Plan  (the  "Plan") authorizes
3,000,000  shares  of  Common  Stock   for  issuance  to  directors,   officers,
key-employees, consultants and advisors who contribute materially to the success
and  profitability of Ramex and who provide key services, consultation or advice
to  Ramex.  As of January 31, 1991, there were 666,666 shares issued pursuant to
the Plan.  The Plan is intended to advance the interests of Ramex by encouraging
and enabling the directors, officers, key employees, consultants and advisors to
acquire  and  retain  a proprietary interest in Ramex by ownership if its stock.
The  Plan is administered by the Board of Directors.  The exercise price of each
option  is  to be not less than 76% of the fair market value of the Common Stock
on  the date of grant or issuance.  An option may be exercised for the following
maximum  amounts:  33%  of  the  amount  granted  any  time  at least six months
subsequent  to  the  date  of grant, an additional 33% of the amount granted any
time  at  least  15 months subsequent to the date of grant, an additional 34% of
the  amount granted any time at least 27 months subsequent to the date of grant.
Options  under  the  Plan  may  not  be  sold,  pledged,  signed,  hypothecated,
transferred  or  otherwise disposed of and are exercised only by the Optionee or
upon  his  death  by  his  legal  representative.






<PAGE>                                   14

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

In  the  event  of termination for cause of an Optionee's employment with Ramex,
the  options  shall  expire  immediately upon such termination.  If the Optionee
dies  during  his employment with Ramex, his options shall be exercisable by his
personal  representative  to the extent the Optionee would have been entitled to
exercise  such option if he had continued to live and be in such employment, for
the  lesser of one year after his death or for the remaining term of the option.


ITEM  12     SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND
                        MANAGEMENT

The  following  table  sets forth information, as of January 31, 2000 as to each
person who is known to the Company to be the beneficial owner of more than 5% of
the  Common  Stock  of  the  Company,  and  as to the security ownership of each
Director  of  the  Company  and  all  officers and Directors of the company as a
group.  Except  where  specifically  noted,  each person listed in the table has
sole  voting  and  investment  poser  to  the  shares  listed.

<TABLE>
                                                   Security Ownership
Title              Name and Address                 Amount and Nature       Percent
of Class          of Beneficial Owner           of Beneficial Ownership     of Class
------------  --------------------------       ------------------------   ------------
<C>           <S>                              <S>                        <S>
Directors and Executive Officers:

Common Stock  MAYNARD M. MOE                              8,913,200          31.68%
              President, Chief Executive
              Officer, Director
              2204 W. Wellesley
              Spokane, WA  99205

Common Stock  JOHN F. MAYER                              3,257,100          11.58%
              Director
              534 Valley Drive
              Kerrville, Texas 78028

Common Stock  KERRY WEGER                                  641,000           2.28%
              Secretary/Treasurer
              3023 Daniel Street
              Bloomington, IN  47401

Common Stock  GEORGE SHUTT                                  92,450            .33%
              Director
              17582 Meridith Dr.
              Santa Ana, CA  92705

Common Stock  SIGURD "MORRIS" MATHISEN                      81,750            .30%
              Vice-President
              6415 N. Fleming
              Spokane, WA  99208

Common Stock   ALL DIRECTORS and                        12,985,500           46.17%
               Executive Officers as a group
               (5 persons) as of the date of this Form 10-K
</TABLE>

<PAGE>                                   15

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000


Stockholders  owning  more  than  5%  of  the  Registrant's  Voting  Securities:
Common  Stock          None

ITEM  13     INTEREST  OF  MANAGEMENT  AND  OTHERS  IN  CERTAIN  TRANSACTIONS

There  have  been  no  transactions  or  series  of  transactions,  or  proposed
transactions  during  the last fiscal year to which the Registrant is a party in
which, which any director, nominee for election as a director, executive officer
or beneficial owner of five percent or more of the Registrant's common stock, or
any  member  of the immediate family of the foregoing had or is to have a direct
or  indirect  material  interest  exceeding  $60,000.

                                     PART IV

ITEM  14     EXHIBITS,  FINANCIAL  STATEMENT  SCHEDULES,  AND  REPORTS  ON  FORM
             8-K

(a)  (1)     The financial statements listed in the following index are filed as
part  of  this  Annual  Report  on  Form  10-K:

                                                             Sequential
                                                                Page

Title  Page                                                      18
Table  of  Contents                                              18
Report  of  Independent  Auditor                                 19
Statement of Financial Position at January 31, 2000,
    1999 and 1998                                                20
Statement of Operations for the Years Ended January 31,
    2000, 1999 and 1998                                          21
Statement of Changes in Stockholders' Equity for the
    Years Ended January 31, 2000, 1999 and 1998                  22
Statement of Cash Flows for the Years Ended January 31,
    2000, 1999 and 1998                                          23
Notes to Financial Statements at January 31,
    2000, 1999 and 1998                                          24-27
Consent  of  Auditor                                             28

(a)     (2)  Financial Statement Schedules are not filed with this Annual Report
on  Form  10-K  because  the  Schedules  are either inapplicable or the required
information  is  presented  in  the  Financial  Statements  or  Notes  hereto.

(a)     (3)  Exhibits

(b)     Form  8-K  reported  a letter of intent on an acquisition on January 12,
2000  considered  to  be  included  herein  by  reference.










<PAGE>                                   16

                       RAMEX SYNFUELS INTERNATIONAL, INC.
                                    FORM 10-K
                                JANUARY 31, 2000

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

     Ramex  Synfuels  International,  Inc.
     Registrant

Dated:  3-16-2000             By: /s/ Maynard M. Moe
      ------------------      -------------------------------------
                              Maynard  M.  Moe
                              President,  CEO  and  Director



Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has  been signed by the following persons on behalf of the Registrant and on the
dates  indicated.

Dated: 3-16-2000          By: /s/ Maynard M. Moe
      ------------------      -------------------------------------
                              Maynard  M.  Moe
                              President,  CEO  and  Director

Dated: 3-16-2000              By: /s/ Kerry L. Weger
      ------------------      -------------------------------------
                              Kerry  L.  Weger,
                              Secretary/Treasurer  and  Director

Dated: 3-16-2000              By: /s/ George Shutte
      ------------------      -------------------------------------
                              George  Shutt
                              Director

Dated: 3-16-2000              By: /s/ John F. Mayer
      ------------------      -------------------------------------
                              John  F.  Mayer
                              Director



















<PAGE>                                   17



                                 RAMEX SYNFUELS
                               INTERNATIONAL, INC.

                              FINANCIAL STATEMENTS
                                January 31, 2000


                              WILLIAMS & WEBSTER PS
                          Certified Public Accountants
                        BANK OF AMERICA FINANCIAL CENTER
                          601 W. RIVERSIDE, SUITE 1940
                               SPOKANE, WA   99201
                                 (509) 838-5111





                       RAMEX SYNFUELS INTERNATIONAL, INC.

                                TABLE OF CONTENTS



Independent  Auditor's  Report                                        1

Statements  of  Financial  Position                                   2

Statements  of  Operations                                            3

Statement  of  Stockholders'  Equity  (Deficit)                       4

Statements  of  Cash  Flows                                           5

Notes  to  Financial  Statements                                      6
























<PAGE>                                   18
                          INDEPENDENT AUDITOR'S REPORT




Board  of  Directors
Ramex  Synfuels  International,  Inc.
Spokane,  Washington

We  have  audited  the  accompanying  statements  of financial position of Ramex
Synfuels  International,  Inc.  as  of  January  31, 2000, 1999 and 1998 and the
related statements of operations, changes in stockholders' equity (deficit), and
cash  flows  for  the  years  then  ended.  These  financial  statements are the
responsibility of the Company's management.  Our responsibility is to express an
opinion  on  these  financial  statements  based  on  our  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  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
presentations.  We  believe  that  our audits provide a reasonable basis for our
opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects, the financial position of Ramex Synfuels International,
Inc.  as  of  January  31,  2000,  1999  and 1998 and the results of operations,
changes  in  stockholders'  equity  (deficit)  and cash flows for the years then
ended  in  conformity  with  generally  accepted  accounting  principles.

The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a  going  concern.  As  discussed  in Note 3 to the
financial statements, the Company has suffered recurring losses from operations,
has generated no revenues in the last three years, has a working capital deficit
and substantial liabilities.  These conditions raise substantial doubt about the
Company's  ability to continue as a going concern.  Management's plans in regard
to  these matters are also described in Note 3.  The financial statements do not
include  any adjustments that might result from the outcome of this uncertainty.




Williams  &  Webster,  P.S.
Spokane,  Washington
March  2,  2000















<PAGE>                                   19
RAMEX SYNFUELS INTERNATIONAL, INC.
BALANCE SHEETS


<TABLE>
<CAPTION>

ASSETS
                                     January 31,     January 31,     January 31,
                                        2000            1999            1998
                                   -------------    -----------    -----------
<S>                                <C>              <C>            <C>
CURRENT ASSETS
     Cash                          $     10,484     $    6,509     $    1,281
                                   -------------    -----------    -----------

     TOTAL ASSETS                  $     10,484     $    6,509     $    1,281
                                   =============    ===========    ===========


LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
     Accounts payable              $     46,969      $  62,801     $   64,295
     Related party payables               4,158        118,294        105,654
                                   -------------    -----------    -----------

     Total Current Liabilities           51,127        181,095        169,949
                                   -------------    -----------    -----------

COMMITMENTS  AND  CONTINGENCIES          10,100            -              -
                                   -------------    -----------    -----------

STOCKHOLDERS' EQUITY (DEFICIT)
     Common stock; $.01 par
       value; 125,000,000 shares
       authorized; 28,138,765,
       16,023,465 and 14,323,465
       shares issued and
       outstanding as of
       January 31, 2000, 1999 \
       and 1998, respectively           281,387        160,234        143,234
     Additional  paid-in  capital     4,618,402      4,594,929      4,594,929
     Accumulated  deficit            (4,950,532)    (4,929,749)    (4,906,831)
                                   -------------    -----------    -----------

     Total Stockholders'
       Equity (Deficit)                 (50,743)      (174,586)      (168,668)
                                   -------------    -----------    -----------

     TOTAL LIABILITIES AND
       STOCKHOLDERS' EQUITY
       (DEFICIT)                   $     10,484     $    6,509     $   1,281
                                   =============    ===========    ===========

</TABLE>




The accompanying notes are an integral part of these financial statements.

<PAGE>                                   20
RAMEX SYNFUELS INTERNATIONAL, INC.
Statements of Operations

<TABLE>
<CAPTION>
                                     Year Ended      Year Ended     Year Ended
                                     January 31,     January 31,    January 31,
                                        2000            1999           1998
                                     -----------     -----------     -----------
<S>                                   <C>            <C>             <C>
REVENUE                              $      -        $     -         $      -
                                     -----------     -----------     -----------

GENERAL AND ADMINSTRATIVE EXPENSES       20,783          22,957          19,901
                                     -----------     -----------     -----------

(LOSS)  FROM  OPERATIONS                (20,783)        (22,957)        (19,901)

OTHER INCOME
     Interest                               -                39              27
                                     -----------     -----------     -----------

LOSS  BEFORE  INCOME  TAXES             (20,783)        (22,918)        (19,874)

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

NET LOSS                             $  (20,783)     $  (22,918)     $  (19,874)
                                     ===========     ===========     ===========

BASIC AND DILUTED
  NET (LOSS) PER SHARE                     (NIL)           (NIL)           (NIL)
                                     ===========     ===========     ===========

BASIC AND DILUTED
WEIGHTED AVERAGE NUMBER
OF COMMON SHARES OUTSTANDING         26,687,245      15,385,383      14,219,081
                                     ===========     ===========     ===========
</TABLE>




















The accompanying notes are an integral part of these financial statements.


<PAGE>                                   21
RAMEX SYNFUELS INTERNATIONAL, INC.
Statement of Changes in Stockholders' Equity

<TABLE>
<CAPTION>
                           Common Stock            Additional
                   --------------------------      Paid-In     Accumulated
                      Shares         Amount        Capital      (Deficit)       Total
                   -----------    -----------    -----------   -----------   -----------
<S>                 <C>           <C>            <C>           <C>           <C>
Balance,
February 1, 1997    13,823,465    $  138,234     $4,594,929    $(4,886,957)  $ (153,794)
Common stock
issued for cash
at $.01 per
share                  500,000         5,000            -              -          5,000
Net loss for
the year ended
January 31, 1998           -              -             -          (19,874)     (19,874)
                   -----------    -----------    -----------   -----------   -----------
Balance,
January 31, 1998    14,323,465       143,234      4,594,929     (4,906,831)    (168,668)
Common stock
issued for cash
at $.01 per share    1,700,000       17,000             -              -         17,000
Net loss for
the year ended
January 31, 1999           -            -               -          (22,918)     (22,918)
                   -----------    -----------    -----------   -----------   -----------
Balance,
January 31, 1999    16,023,465       160,234      4,594,929     (4,929,749)    (174,586)
Common stock
issued for
accounts
payable and
related party
payables at
prices ranging
from $0.01 to
$0.03 per share     11,065,300       110,653         23,473            -        134,126
Common stock
issued for
services at
$0.01 per share         50,000           500            -              -            500
Common stock
issued for cash
at $0.01 per share   1,000,000        10,000           -               -         10,000
Net loss for
the year ended
January 31, 2000           -             -             -           (20,783)     (20,783)
                   -----------    -----------    -----------   -----------   -----------
Balance,
January 31, 2000    28,138,765    $  281,387     $4,618,402    $(4,950,532)  $  (50,743)
                   ===========    ===========    ===========   ===========   ===========





The accompanying notes are an integral part of these financial statements.


<PAGE>                                   22
RAMEX SYNFUELS INTERNATIONAL, INC.
Statements of Cash Flows For the Years



</TABLE>
<TABLE>
<CAPTION>
                                               January 31,    January 31,    January 31,
                                                  2000           1999          1998
                                               -----------    -----------    -----------
<S>                                            <C>            <C>            <C>
CASH FLOWS FROM
OPERATING ACTIVITIES
Net (loss)                                     $  (20,783)    $  (22,918)    $  (19,874)
Common stock issued for services                      500            -              -
  Changes in assets and liabilities:
  Accounts payable                                    -           (1,494)           -
  Commitments and contingencies                    10,100            -              -
  Related  party  payables                          4,158         12,640         13,946
                                               -----------    -----------    -----------
Net cash used by operating activities              (6,025)       (11,772)        (5,928)
                                               -----------    -----------    -----------

CASH FLOWS FROM INVESTING ACTIVITIES
                                                      -              -              -
                                               -----------    -----------    -----------

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock for cash                10,000         17,000          5,000
                                               -----------    -----------    -----------

Net cash from financing activities                 10,000         17,000          5,000
                                               -----------    -----------    -----------

NET INCREASE (DECREASE) IN CASH                     3,975          5,228           (928)

CASH AT BEGINNING OF YEAR                           6,509          1,281          2,209
                                               -----------    -----------    -----------

CASH  AT  END  OF  YEAR                        $   10,484     $    6,509     $    1,281
                                               ===========    ===========    ===========

SUPPLEMENTAL INFORMATION:
  Interest paid                                $      -       $      -       $      -
  Taxes paid                                   $      -       $      -       $      -

Non-cash financing activities:
  Common stock issued for services             $      500     $      -       $      -
  Common stock issued for accounts payable
    and related party payables                 $  134,126     $      -       $      -










The accompanying notes are an integral part of these financial statements.


<PAGE>                                   23

                        RAMEX SYNFUELS INTERNATIONAL, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                JANUARY 31, 2000

NOTE  1  -  ORGANIZATION  AND  DESCRIPTION  OF  BUSINESS

The  Company's  predecessor,  Cache  Oil  Corporation, was incorporated in March
1980,  under the laws of the State of Utah.  In July 1980, Cache Oil Corporation
purchased,  in  a  business  combination, all of the outstanding common stock of
Ramex  Horn,  Inc., a Wyoming corporation, which was subsequently dissolved.  In
December  1980,  Cache  Oil merged with a wholly owned subsidiary of Ramex Horn,
Inc.,  Ramex  Synthetic  Fuels International, Inc., a Utah corporation, at which
time  the  name  of the surviving Utah corporation was changed to Ramex Synfuels
International,  Inc.  (the  Company).  The  Company  had been in the development
stage  prior  to 1992, at which time operations ceased.  Currently management is
seeking  new capital through formation of a strategic alliance or joint venture.

NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNT  POLICIES

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

Accounting  Method

The  Company's  financial  statements  are  prepared using the accrual method of
accounting  with  a  year  end  of  January  31.

Loss  per  Share

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

Cash  and  Cash  Equivalents

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

Financial  Accounting  Standards

The  Company  has  adopted  the  fair  value  accounting  rules  to  record  all
transactions  in  equity  instruments  for  goods  or  services.












<PAGE>                                   24

                        RAMEX SYNFUELS INTERNATIONAL, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                JANUARY 31, 2000

NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNT  POLICIES  (Continued)

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

Provision  for  Taxes

At  January  31,  2000,  the  Company  has  a net operating loss carryforward of
approximately  $4,950,000  that  may be offset through 2014.  No tax benefit has
been reported in the financial statements as the Company believes there is a 50%
or  greater  chance  the  net  operating  loss carryforwards will expire unused.
Accordingly,  the potential tax benefits of the net operating loss carryforwards
are  offset  by  a  valuation  allowance  of  the  same  amount.

NOTE  3  -  GOING  CONCERN

The  Company's financial statements have been presented on a going concern basis
that  contemplates the realization of assets and the satisfaction of liabilities
in  the  normal  course  of  business.  In recent years however, the Company has
sustained  substantial  operating  losses  without  generating any revenues.  In
addition,  the Company has substantial liabilities and a working capital deficit
of  $40,643.  These  conditions  raise  substantial  doubt  about  the Company's
ability  to  continue  as  a  going  concern.

Management's  plans  to  mitigate  this  issue  are  summarized  as  follows:

Management  has  provided an infusion of cash through advances from officers and
directors  and  minimized  the  Company's  cash  expenditures.  Management  also
intends  to  seek  new capital by forming a strategic alliance or joint venture.
The above actions are expected to provide funds needed to increase liquidity and
implement  the  Company's  business  plans.  See  Notes  7  and  9.

NOTE  4  -  STOCK  OPTION  AND  COMPENSATION  BONUS  PLAN

In  1989,  the  Company  established  a  nonqualified  stock option plan for its
directors,  employees,  and  outside  consultants.  Under  the  plan, options to
purchase  shares of the Company's common stock may be granted at 76% of the fair
market value of the common stock at the date of grant.  Options may be partially
exercised  within  six  months  of  the  grant  and are fully exercisable within
twenty-seven  months  of  the  grant  date.

NOTE  4  -  STOCK  OPTION  AND  COMPENSATION  BONUS  PLAN  (Continued)

The  Company  originally provided for a maximum of 3,000,000 shares to be issued
under  the  stock  option  plan.  In 1989 and 1990, the Company issued 1,366,667
shares  under the plan and has issued no additional shares since that time.  The
remaining  shares  available  under  the plan were reduced to 163,333 due to the
Company's  reverse  stock  split  in  1994.



<PAGE>                                   25

                        RAMEX SYNFUELS INTERNATIONAL, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                JANUARY 31, 2000

NOTE  5  -RELATED  PARTY  TRANSACTIONS

As  of  January  31,  2000, 1999 and 1998, the Company owed $4,158, $118,294 and
$105,654,  respectively  to  officers  for accrued consulting fees, advances and
expenses paid on behalf of the Company.  During the year ended January 31, 2000,
stock  was  issued  to  related  parties in payment of a majority of the related
party  payables.  See  Note  8.

NOTE  6  -  ACCOUNTS  PAYABLE

Accounts  payable principally consists of trade payables which are several years
old.  It  appears that no efforts are being made by the vendors to collect these
delinquent  balances,  and  the  Company  believes  that  collection efforts are
unlikely.  During  the  year ended January 31, 2000, stock was issued in payment
of  a  portion  of  the  accounts  payable.  See  Note  8.

NOTE  7  -  COMMITMENTS  AND  CONTINGENCIES

Ramex  Research  Partners,  Ltd.

In  September  1993,  the  Company  as the general partner in newly formed Ramex
Research  Partners,  Ltd.,  a  Texas  limited  partnership,  raised $110,000 for
further  development  of  an  oil  shale  gasification process.  This process is
protected  by  a patent (issued on May 29, 1990), owned by the Company, which is
carried  at  no  cost on the Company's financial statements.  In return for this
funding,  the Company has granted to the limited partners a limited term royalty
payable  from  the future proceeds, if any, of gas produced from the application
of  this  process.  This  limited  term  royalty will continue until the limited
partners  have received the greater of (1) payments aggregating 1.10% of the net
profits derived from the first 1,000 productive wells using this process, or (2)
payments  aggregating  ten  times  the  limited  partners'  original investment.

NOTE  7  -  COMMITMENTS  AND  CONTINGENCIES  (Continued)

Sports  Sports.Com,  Inc.

During  January  2000, the Company executed a plan of reorganization with Sports
Sports.Com,  Inc.,  (hereinafter  "Sportsend")  a  Florida  corporation,  doing
business  on  the  World  Wide  Web  as Sportsend.Com.  In executing the plan of
reorganization,  the  Company is expected to have a one for thirty reverse split
of  its  issued  and outstanding common stock and pay off all currently existing
liabilities.  Subsequent  to  these financial statements, Sportsend has advanced
$130,000 to a trust account that is controlled by the president of Ramex for the
purpose of liquidating these liabilities and paying expenses related to the plan
of  reorganization.  At  January 31, 2000, Sportsend had advanced $10,100 to the
Company for the specific purpose of paying for the shareholders' proxy in regard
to  this  plan  of reorganization.  After the reverse stock split and payment of
liabilities,  the  Company  intends  to  acquire  Sportsend  in a reverse merger
through  a  stock for stock transaction.  The acquisition date is expected to be
set  once  both companies have their annual audited financial statements and the
aforementioned  conditions  have  been  met.






<PAGE>                                   26


                        RAMEX SYNFUELS INTERNATIONAL, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                JANUARY 31, 2000

NOTE  8  -  COMMON  STOCK

During  the year ended January 31, 2000, the Company issued 11,065,300 shares of
its  common  stock for in payment of accounts payable and related party payables
at  prices ranging from $0.01 to $0.03 per share. The Company also issued 50,000
shares  of  common stock for services at $0.01 per share and 1,000,000 shares of
common  stock  for  cash at $0.01 per share.  The shares were issued at the fair
market  value  on  the  date  of  issuance.

During the years ended January 31, 1999 and 1998, the Company sold 1,700,000 and
500,000  shares of its common stock, respectively, at $0.01 per share, which was
the  fair  market  value  of  the  shares  on  the  date  of  issuance.

NOTE  9  -  SUBSEQUENT  EVENTS

The Company has executed a plan of reorganization with Sports Sports.Com, Inc. a
Florida corporation, doing business on the World Wide Web as Sportsend.Com.  The
reorganization  calls  for  acquisition  of  Sportsend  through  stock for stock
transactions  after a one for thirty reverse stock split of the Company's common
stock  and  other  conditions  are  met.  See  Note  7.




































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