UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

[X]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 1999

                        Commission file Number: 000-26517

                                 INFORETECH INC.
                       (FORMERLY EASTERN MANAGEMENT CORP.)
        (Exact name of small business issuer as specified in its charter)

                                     Nevada
         (State or other jurisdiction of incorporation or organization)

                                   98-0204682
                     (I.R.S. Employer Identification Number)

                                   Suite 1500
                             885 West Georgia Street
                           Vancouver, British Columbia
                                     V6C 3E8
                    (Address of principal executive offices)

                                  (604)687-0717
                           (Issuer's telephone number)

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the  latest  practicable  date:  15,500,000  common  shares as at
December 31, 1999

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



<PAGE>



                                 INFORETECH INC.

                       (formerly Eastern Management Corp.)

                                      INDEX

PART 1.   FINANCIAL INFORMATION

          Item 1.   Financial Statements

                    Consolidated  Balance  Sheets  as  of  March  31,  1999  and
                    December 31, 1999

                    Consolidated  Statements of Operations for the periods ended
                    December 31, 1998 and December 31, 1999

                    Consolidated  Statements of Cash Flows for the periods ended
                    December 31, 1998 and December 31, 1999

                    Consolidated Statements of Changes in Stockholders' Equity

                    Notes to Consolidated Financial Statements

          Item 2.   Plan of Operations

PART II.  OTHER INFORMATION

          SIGNATURES


<PAGE>








                                 INFORETECH INC.
                    (FORMERLY EASTERN MANAGEMENT CORPORATION)
                          (A DEVELOPMENT STAGE COMPANY)


                              FINANCIAL STATEMENTS
                      (UNAUDITED - PREPARED BY MANAGEMENT)


                                DECEMBER 31, 1999




<PAGE>



INFORETECH INC.
(formerly Eastern Management Corporation)
(A Development Stage Company)
BALANCE SHEETS
(Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
============================================================================================== =============== ================
                                                                                                 December 31,       March 31,
                                                                                                         1999            1999
---------------------------------------------------------------------------------------------- --------------- ----------------
<S>                                                                                            <C>             <C>
ASSETS                                                                                         $           -   $           -
============================================================================================== =============== ================

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT
    Due to related parties                                                                     $        8,052  $           -
                                                                                               --------------  -------------

STOCKHOLDERS' EQUITY
    Capital stock
       Authorized
             100,000,000  common shares with a par value of $0.0001
       Issued and outstanding
              15,500,000  common shares                                                                 1,550           1,550

    Deficit accumulated during the development stage                                                   (9,602)         (1,550)
                                                                                               --------------  --------------

                                                                                                       (8,052)             -
                                                                                               --------------  -------------

                                                                                               $           -   $           -
============================================================================================== =============== ================
</TABLE>



ON BEHALF OF THE BOARD:

/s/ Jason John, Director
-----------------------------------






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


<PAGE>



INFORETECH INC.
(formerly Eastern Management Corporation)
(A Development Stage Company)
STATEMENTS OF OPERATIONS
(Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
=========================================== =============== ================ ================ =============== ================
                                               Cumulative
                                                  Amounts
                                             From July 23,      Three Month      Three Month      Nine month       Nine month
                                                      1997     Period Ended     Period Ended    Period Ended     Period Ended
                                               (inception)     December 31,     December 31,    December 31,     December 31,
                                                        to             1999             1998            1999             1998
                                              December 31,
                                                      1999
------------------------------------------- --------------- ---------------- ---------------- --------------- ----------------

<S>                                         <C>             <C>              <C>              <C>             <C>
EXPENSES
    Office and miscellaneous                $           50  $            -   $            -   $           -   $            -
    Professional fees                                8,052               -                -            8,052               -
                                            --------------  ---------------  ---------------  --------------  --------------

LOSS FOR THE PERIOD                         $        8,102  $            -   $            -   $        8,052  $            -
=========================================== ==============  ===============  ===============  ==============  ===============

BASIC AND DILUTED LOSS PER SHARE                            $            -   $            -   $        (0.01) $            -
=========================================== ==============  ===============  ===============  ==============  ===============

WEIGHTED AVERAGE NUMBER OF
         SHARES OUTSTANDING                                      15,500,000       15,500,000      15,500,000       15,500,000
=========================================== =============== ================ ================ =============== ================
</TABLE>










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


<PAGE>



INFORETECH INC.
(formerly Eastern Management Corporation)
(A Development Stage Company)
STATEMENTS OF CASH FLOWS
(Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
============================================================================= ================ =============== ================
                                                                                  Cumulative
                                                                                      Amounts
                                                                                From July 23,
                                                                                         1997
                                                                                  (inception)      Nine month       Nine month
                                                                                           to    Period Ended     Period Ended
                                                                                 December 31,    December 31,     December 31,
                                                                                         1999            1999             1998
----------------------------------------------------------------------------- ---------------- --------------- ----------------
<S>                                                                           <C>              <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
    Loss for the period                                                       $        (8,102) $       (8,052) $            -
    Stock issued for services                                                              50              -
                                                                              ---------------  --------------  --------------

    Net cash used in operating activities                                              (8,052)         (8,052)              -
                                                                              ---------------  --------------  --------------

CASH FLOWS FROM FINANCING ACTIVITIES
    Increase in due to related parties                                                  8,052           8,052               -
                                                                              ---------------  --------------  --------------

    Net cash provided by financing activities                                           8,052           8,052               -
                                                                              ---------------  --------------  --------------

CHANGE IN CASH POSITION DURING THE PERIOD                                                   -               -               -

CASH POSITION, BEGINNING OF THE PERIOD                                                      -               -               -
                                                                              ---------------  --------------  --------------

CASH POSITION, END OF THE PERIOD                                              $             -  $            -  $            -
============================================================================= ===============  ==============  ==============

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS:
    Cash paid for income taxes                                                $             -   $           -   $           -
    Cash paid for interest                                                    $             -   $           -   $           -
============================================================================= ===============  ==============  ==============

SUPPLEMENTAL DISCLOSURE OF NON-CASH OPERATING, INVESTING,
   AND FINANCING ACTIVITIES:
    Common shares issued for services                                         $            50  $           -   $            -
============================================================================= ===============  =============   ==============
</TABLE>








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


<PAGE>



INFORETECH INC.
(formerly Eastern Management Corporation)
(A Development Stage Company)
STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
(Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
=========================================================== ================================ ================ ================

                                                                                                     Deficit
                                                                                                 Accumulated
                                                                                                      During
                                                                     Common Stock                        the            Total
                                                            --------------------------------     Development    Stockholders'
                                                                     Shares          Amount            Stage           Equity
----------------------------------------------------------- ---------------- --------------- ---------------- ----------------
<S>                                                             <C>          <C>               <C>              <C>
BALANCE, JULY 23, 1997                                                   -   $            -  $            -   $            -
    Capital stock issued for services                           15,500,000            1,550          (1,500)              50

    Loss for the period                                                  -                -             (50)             (50)
                                                            --------------   --------------  --------------   --------------

BALANCE, MARCH 31, 1998 AND 1999                                15,500,000            1,550          (1,550)               -
    Loss for the period                                                  -                -          (8,052)          (8,052)
                                                            --------------   --------------  --------------   --------------

BALANCE, DECEMBER 31, 1999                                      15,500,000   $        1,550  $       (9,602)  $       (8,052)
=========================================================== ================ =============== ================ ================
</TABLE>










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


<PAGE>



INFORETECH INC.
(formerly Eastern Management Corporation)
(A Development Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
(Unaudited - Prepared by Management)
FOR THE NINE MONTH PERIOD ENDED DECEMBER 31, 1999

1.   ORGANIZATION OF THE COMPANY

     The Company was  incorporated  on July 23, 1997 under the laws of Nevada to
     engage in any lawful  business or activity  for which  corporations  may be
     organized under the laws of the State of Nevada. On September 24, 1999, the
     Company changed its name to inFOREtech Inc.

     The Company entered the development  stage in accordance with SFAS No. 7 on
     July 23, 1997. Its purpose is to evaluate,  structure and complete a merger
     with, or acquisition of a privately owned corporation.

     In the opinion of management, the accompanying financial statements contain
     all adjustments necessary (consisting only of normal recurring accruals) to
     present  fairly  the  financial   information   contained  therein.   These
     statements do not include all  disclosures  required by generally  accepted
     accounting  principles and should be read in  conjunction  with the audited
     financial  statements of the Company for the year ended March 31, 1999. The
     results  of  operations  for the period  ended  December  31,  1999 are not
     necessarily  indicative  of the results to be expected  for the year ending
     March 31, 2000.

2.   GOING CONCERN

     The  Company's  financial  statements  are  prepared  using  the  generally
     accepted  accounting  principles  applicable  to  a  going  concern,  which
     contemplates  the  realization of assets and  liquidation of liabilities in
     the normal course of business.  However,  the Company has no current source
     of revenue. Without realization of additional capital, it would be unlikely
     for the Company to continue as a going  concern.  The Company's  management
     plans on  advancing  funds on an as needed  basis and in the  longer  term,
     revenues from the  operations of the merger or  acquisition  candidate,  if
     found. The Company's ability to continue as a going concern is dependent on
     these  additional  management  advances,  and,  ultimately,  upon achieving
     profitable operations through a merger or acquisition candidate.

<TABLE>
<CAPTION>
         ======================================================= ================ ===============
                                                                    December 31,       March 31,
                                                                            1999            1999
         ------------------------------------------------------- ---------------- ---------------
<S>                                                              <C>              <C>
         Deficit accumulated during the development stage        $        (9,602) $       (1,550)
         Working capital (deficiency)                                     (8,052)              -
         ======================================================= ================ ===============
</TABLE>


3.   SIGNIFICANT ACCOUNTING POLICIES

     USE OF ESTIMATES

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

     BASIC LOSS PER SHARE

     Earnings per share are provided in accordance  with  Statement of Financial
     Accounting  Standards No. 128,  "Earnings Per Share".  Due to the Company's
     simple capital structure,  with only common stock  outstanding,  only basic
     loss per share  must be  presented.  Basic  loss per share is  computed  by
     dividing losses  available to common  shareholders by the weighted  average
     number of common shares outstanding during the period.


<PAGE>



INFORETECH INC.
(formerly Eastern Management Corporation)
(A Development Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
(Unaudited - Prepared by Management)
FOR THE NINE MONTH PERIOD ENDED DECEMBER 31, 1999

4.   CAPITAL STOCK

     On September 21, 1999, the Company  implemented a 31:1 forward stock split.
     The statement of changes in stockholders'  equity has been restated to give
     retroactive  recognition of the stock split presented by reclassifying from
     common stock to deficit  accumulated  during the development stage, the par
     value of shares  arising from the split.  In addition,  all  references  to
     number of shares and per share  amounts of common stock have been  restated
     to reflect the stock split.








<PAGE>



                               PLAN OF OPERATIONS

The following discussion of the plan of operations of the Company should be read
in  conjunction  with the  financial  statements  and the related  notes thereto
included  elsewhere in this quarterly  report for the nine months ended December
31, 1999. This quarterly report contains certain forward-looking  statements and
the  Company's  future  operation  results  could differ  materially  from those
discussed herein.

Introduction

The Company  intends to seek to acquire  assets or shares of an entity  actively
engaged in a business that generates  revenues,  in exchange for its securities.
We have not identified a particular  acquisition target and has not entered into
any negotiations regarding such an acquisition. None of our officers, directors,
promoters or affiliates have engaged in any  preliminary  contact or discussions
with any  representative  of any other company  regarding the  possibility of an
acquisition  or merger between the Company and such other company as of the date
of this report.

Depending  upon  the  nature  of  the  relevant  business  opportunity  and  the
applicable  state  statutes  governing  the manner in which the  transaction  is
structured,  the Company's  Board of Directors  expects that it will provide the
Company's  shareholders  with  complete  disclosure  documentation  concerning a
potential  business  opportunity  and the  structure  of the  proposed  business
combination prior to consummation. Such disclosure is expected to be in the form
of a proxy or information statement.

While such disclosure may include audited financial  statements of such a target
entity,  there is no assurance that such audited  financial  statements  will be
available.  The Board of Directors does intend to obtain  certain  assurances of
value of the target entity assets prior to consummating such a transaction, with
further assurances that an audited statement would be provided within sixty days
after closing.

Due to the  Company's  intent  to remain a shell  corporation  until a merger or
acquisition   candidate  is  identified,   it  is  anticipated   that  its  cash
requirements  shall be minimal,  and that all necessary  capital,  to the extent
required,  will be provided by the  directors or officers.  The Company does not
expect it will have to raise capital in the next twelve months. The Company also
does not expect to acquire any plant or significant equipment.

The Company has no full time  employees.  Our President and Secretary has agreed
to  allocate a portion of his time to the  activities  of the  Company,  without
compensation. This officer anticipates that the business plan of the Company can
be implemented by him devoting  approximately  5 hours per month to the business
affairs of the Company and,  consequently,  conflicts of interest may arise with
respect to the limited time commitment by such offices.

General Business Plan

The  Company's  purpose  is to  seek,  investigate  and,  if such  investigation
warrants,  acquire an  interest  in business  opportunities  presented  to it by
persons  or firms who or which  desire to seek the  perceived  advantages  of an
Exchange Act registered corporation. 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.  This
discussion of the proposed business is purposefully  general and is not meant to
be restrictive of the Company's virtually unlimited discretion to search for and
enter

<PAGE>



into potential  business  opportunities.  Management  anticipates that it may be
able to participate in only one potential  business  venture because the Company
has nominal assets and limited financial resources.

The Company may seek a business  opportunity  with  entities  that have recently
commenced operations, or that wish to utilize the public marketplace in order to
raise  additional  capital in order to expand into new  products or markets,  to
develop a new  product  or  service,  or for other  corporate  purposes.  We may
acquire assets and establish wholly owned  subsidiaries in various businesses or
acquire existing businesses as subsidiaries.

We have,  and will continue to have, no capital with which to provide the owners
of business  opportunities  with any significant cash or other assets.  However,
management  believes we will be able to offer owners of  acquisition  candidates
the  opportunity  to  acquire a  controlling  ownership  interest  in a publicly
registered  company  without  incurring the cost and time required to conduct an
initial public offering. The owners of the business opportunities will, however,
incur significant legal and accounting costs in connection with acquisition of a
business  opportunity,  including the costs of preparing  Form 8-K's,  10-K's or
10-KSB's, agreements and related reports and documents. The '34 Act specifically
requires that any merger or  acquisition  candidate  comply with all  applicable
reporting requirements,  which include providing audited financial statements to
be included within the numerous  filings relevant to complying with the '34 Act.
Nevertheless,  the  officers and  directors  of the Company  have not  conducted
market  research and are not aware of  statistical  data which would support the
perceived  benefits of a merger or acquisition  transaction  for the owners of a
business opportunity.

The analysis of new business  opportunities  will be undertaken by, or under the
supervision  of, the  officers and  directors of the Company,  none of whom is a
professional business analyst.  Management intends to concentrate on identifying
preliminary  prospective  business  opportunities  which may be  brought  to its
attention through present associations of our officers and directors,  or by our
shareholders.  In analyzing prospective business opportunities,  management will
consider  such matters as the  available  technical,  financial  and  managerial
resources;  working  capital  and  other  financial  requirements;   history  of
operations,  if any;  prospects  for the future;  nature of present and expected
competition;  the quality and  experience  of management  services  which may be
available and the depth of that management;  the potential for further research,
development, or exploration; specific risk factors not now foreseeable but which
then may be  anticipated to impact the proposed  activities of the Company;  the
potential  for growth or  expansion;  the  potential  for profit;  the perceived
public  recognition  of  acceptance  of  products,  services,  or  trades;  name
identification;  and other  relevant  factors.  Officers  and  directors  of the
Company  expect to meet  personally  with  management  and key  personnel of the
business  opportunity  as part of their "due  diligence"  investigation.  To the
extent  possible,  the Company  intends to utilize  written reports and personal
investigations to evaluate the above factors.  We will not acquire or merge with
any company that cannot provide audited financial statements within a reasonable
period of time after closing of the proposed transaction.

We will not restrict our search for any specific kind of firms,  but may acquire
a  venture  that  is in its  preliminary  or  development  stage  or is  already
operating.  It is  impossible to predict at this time the status of any business
in which the Company may become engaged,  in that such business may need to seek
additional  capital,  may desire to have its shares publicly traded, or may seek
other perceived advantages which the Company may offer.  Furthermore,  we do not
intend to seek  capital  to  finance  the  operation  of any  acquired  business
opportunity until such time as the Company has successfully consummated a merger
or acquisition.


<PAGE>



Competition

The  Company  will  remain an  insignificant  participant  among the firms which
engage in the acquisition of business opportunities.  There are many established
venture  capital  and  financial  concerns  which  have  significantly   greater
financial and personnel  resources and technical  expertise than the Company. In
view of the Company's combined extremely limited financial resources and limited
management  availability,  the  Company  will  continue  to be at a  significant
competitive disadvantage compared to the Company's competitors.

                                     PART II
                                OTHER INFORMATION

Item 1.   LEGAL PROCEEDINGS

          None

Item 2.   CHANGES IN SECURITIES AND USE OF PROCEEDS

          None

Item 3.   DEFAULTS UPON SENIOR SECURITIES

          None

Item 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

          None

Item 5.   OTHER INFORMATION

          None

Item 6.   EXHIBITS AND REPORTS ON FORM 8-K

          (a)  Exhibits

               Exhibit 27.1 Financial Data Schedule

          (b)  Reports on Form 8-K

               None


<PAGE>



                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


                                          INFORETECH INC.
                                          (formerly Eastern Management Corp.)


Dated:  January 31, 2000                 Per: /s/ Jason John
                                              ----------------------------------
                                              Jason John, President and Director