FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D. C. 20549


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


For the quarter ended:              June 30, 2000

Commission file number:             333-80429

                           Asset Servicing Corporation
                   -------------------------------------------
             (exact name of registrant as specified in its charter)

       Nevada                                                  75-2823489
 ----------------------                                        ----------
(State of Incorporation)                                      (IRS ID No.)


                709-B West Rusk, Suite 580, Rockwall, Texas        75087
      ----------------------------------------------------------- ----------
               (Address of principal executive offices)           (Zip code)

Registrant's telephone number, including area code: 214-212-2307

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes [x ] No [ ].


Shares of common stock outstanding at June 30, 2000:

                                                      297,000







<PAGE>



                                TABLE OF CONTENTS



PART I - FINANCIAL INFORMATION                                       Page Number


Item  1.          Financial Statements                                  1 - 4

Item  2.          Managements's Discussion and Analysis
                  of Financial Condition and Results of Operations      5 - 6


PART II - OTHER INFORMATION                                             7




<PAGE>

<TABLE>

<CAPTION>

                           ASSET SERVICING CORPORATION

                                 BALANCE SHEETS
                       June 30, 2000 and December 31, 1999



                                     ASSETS

                                                                    June 30, 2000     Dec 31, 1999
                                                                 ------------------------------------
<S>                                                              <C>                 <C>

CURRENT ASSETS:
    Cash                                                                  $2,109                $116
    Accounts receivable - trade                                            2,290
    Other receivables                                                     25,000
                                                                 ----------------    ----------------
    Total current assets                                                 $29,399                $116

PROPERTY AND EQUIPMENT:
    Equipment (net of accumulated depreciation of $2540)                  23,899

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

TOTAL ASSETS                                                             $53,298                $116
                                                                 ================    ================




                      LIABILITIES AND STOCKHOLDERS' EQUITY


LIABILITIES
     Accounts payable                                                     $1,073              $2,636
     Lease deposits                                                          416
                                                                 ----------------    ----------------
TOTAL CURRENT LIABILITIES                                                  1,489               2,636

STOCKHOLDERS' EQUITY
    Common stock, $0.001 par value                                           297                 200
    Additional paid-in-capital                                            99,203               2,300
    Accumulated Deficit                                                  (47,691)             (8,011)
                                                                 ----------------    ----------------
        Total Stockholders' Equity                                        51,809              (5,511)
                                                                 ----------------    ----------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                               $53,298             ($2,875)
                                                                 ================    ================


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                                        1
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<CAPTION>



                           ASSET SERVICING CORPORATION

                             STATEMENT OF OPERATIONS
                    Three months ended June 30, 2000 and 1999


                                                       Three months        Three months
                                                           ended               ended
                                                       June 30, 2000       June 30, 1999
                                                      ------------------------------------
<S>                                                   <C>                 <C>

REVENUE:                                                       $2,290                  $0

OPERATING EXPENSE:
    General and administrative                                 19,604                   0
    Depreciation                                                2,331                   0
                                                      ----------------    ----------------
        Total Operating Expense                                21,935                   0

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

NET LOSS                                                     ($19,645)                 $0
                                                      ================    ================


Weighted average shares outstanding                           297,000             200,000
                                                      ================    ================

LOSS PER SHARE                                                 ($0.07)              $0.00
                                                      ================    ================

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                                        2

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<TABLE>

<CAPTION>



                           ASSET SERVICING CORPORATION

           STATEMENT OF STOCKHOLDERS' EQUITY AND ACCUMULATED DEFICIT
              Period from inception (May 27, 1998) to June 30, 2000




                                                 Common                 Paid In      Accumulated
                                        Shares            Amount        Capital        Deficit            Total
                                 --------------------------------------------------------------    ----------------
<S>                                     <C>               <C>           <C>          <C>           <C>

Balance,
        May 27, 1998
        (date of inception)                  -0-             -0-           -0-             -0-                 -0-

Shares issued on May 29, 1998 for:
           Services                      160,000             160         1,840                               2,000
           Cash                           40,000              40           460                                 500

Net Loss                                                                                (2,323)             (2,323)

                                 --------------------------------------------------------------    ----------------
Balance
        December 31, 1998                200,000            $200        $2,300         ($2,323)               $177
                                 ==============================================================    ================


Net Loss                                                                                (5,688)             (5,688)

                                 --------------------------------------------------------------    ----------------
Balance
        December 31, 1999                200,000             200         2,300          (8,011)             (5,511)
                                 ==============================================================    ================


Sale of common stock                                          97        96,903                              97,000

Net loss - March 31, 2000                                                              (20,035)            (20,035)
Net Loss - June 30, 2000                                                               (19,645)            (19,645)

                                 --------------------------------------------------------------    ----------------
Balance
        March 31, 2000                   200,000             297        99,203         (47,691)             51,809
                                 ==============================================================    ================

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                                        3
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<CAPTION>


                           ASSET SERVICING CORPORATION

                             STATEMENT OF CASH FLOWS
                   Three months ended March 31, 2000 and 1999




                                                                   Three months        Three months
                                                                       ended               ended
                                                                   June 30, 2000       June 30, 1999
                                                                  ------------------------------------
<S>                                                               <C>                 <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
    Net loss                                                             ($19,645)                 $0
    Adjustments to reconcile net loss to net
            cash (used) by operating activities:
                Items not requiring cash - depreciation                     2,331
                Increase in current assets                                (27,290)
                Decrease in current liabilities                            (2,234)
                Rounding
                                                                  ----------------    ----------------
NET CASH (USED) BY OPERATING ACTIVITIES:                                  (46,838)                  0


CASH FLOWS FROM INVESTING ACTIVITIES:
    Purchase of equipment                                                 (16,438)                  0

CASH FLOWS FROM FINANCING ACTIVITIES:
    Sale of common stock                                                   34,900                   0

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

NET INCREASE IN CASH                                                     ($28,376)                 $0

CASH, BEGINNING OF PERIOD                                                  30,485                 177
                                                                  ----------------    ----------------

CASH, END OF PERIOD                                                        $2,109                $177
                                                                  ================    ================

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                                        4



<PAGE>



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


Results of Operations

The Registrant  filed a registration  statement on Form SB-1 with the Securities
and  Exchange  Commission  which  became  effective  on January  24,  2000.  The
Registrant  raised funds under that  registration  statement  and as of June 30,
2000 has sold  97,000  shares at $1.00  per  share.  Under  this  offering,  the
Registrant  was  authorized  to sell a minimum of 50,000 shares and a maximum of
1,000,000 shares at $1.00 per share.

In May 2000, the Registrant cut of its offering under its registration statement
and used funds it had raised to enter into leases  which  generate an  effective
32% return on the monies put out.

The  Registrant is engaged in the leasing of  manufacturing  and  transportation
equipment to businesses.

During the period,  the  Registrant  became  aware that the capital it needed to
grow its  business  was not  readily  available  to it and decided to look for a
company or companies it could partner with in order to establish lines of credit
or facilitate funding to grow its business.

Liquidity

The Registrant has liquid assets of $2,109 and total current assets of $4,399.

The Registrant has minimal expenses and no commitments.

Capital Resources

The  Registrant's  capital  resources have been generated from the sale of stock
under its  registration  statement that became  effective  January 24, 2000, and
from the lease of equipment according to its plan of business.

The Registrant raised $97,000 under a stock offering under its SB-1 registration
statement which became effective during the first quarter.

There were no plans or  requirements  for  purchase of capital  items during the
quarter for  company  purposes.  The  Registrant  does not foresee any  material
capital purchase in the coming twelve months.




                                        5

<PAGE>



Subsequent events

In the process of looking for a company to partner with, the  Registrant  became
aware of a company which had some exciting  technology  for the providing  total
cashless  management  systems for  entertainment  parks and other  entertainment
venues and merged with that company  believing it to be in the best  interest of
the stockholders.

Under the merger  agreement which was effective in July,  after the period being
reported  on, the  Registrant  forward  split its stock eight for one and merged
with Park Pass.com,  Inc., issuing 19,495,000 shares to the shareholders of Park
Pass.com, Inc. The name of the Company has been changed to Omni Park Pass, Inc.













                                        6

<PAGE>



PART II.     OTHER INFORMATION


Item  1.     Legal Proceedings.

                  The Company is not involved in any legal proceedings.

Item  2.     Changes in Securities.

                  Registrant has made no changes in its securities.

Item  3.     Defaults Upon Senior Securities.

                  Registrant  has  no  senior   securities  and  accordingly  no
defaults.

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

                  Registrant  submitted no matters to a vote of security holders
during the period being  reported on.  However,  the  Registrant  submitted  the
matter of the merger with Park Pass.com,  Inc. to its  stockholders  on July 21,
2000 which authorized the following:

                  a)   forward  split the stock  eight for one with a July 11,
                       2000 record date

                  b)   Issued  19,495,000  shares to the  shareholders of Park
                       Pass.com, Inc., and

                  c)   changed the name to Omni Park Pass, Inc.

Item  5.     Other Information.

                  None.

Item 6.      Exhibits and Reports on Form 8-K.

                  Registrant  filed a Form 8-K to announce the completion of its
SB-1 public  offering in May. In  addition,  the  Registrant  subsequent  to the
period being  reported on, filed an 8-K reporting the merger with Park Pass.com,
Inc. and the change in control of the Registrant.







                                        7

<PAGE>


Pursuant  to the  requirements  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.

                                                     Asset Servicing Corporation
                                                     ---------------------------
                                                      (Registrant)


                                                     BY:  /s/  Charles Smith
                                                          ---------------------
                                                               Charles Smith
                                                     Its: Secretary

DATE:   August 9, 2000
        Rockwall, Texas









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