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

                                   FORM 10-QSB

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

                       For the quarter ended June 30, 2000

                                       or

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

               For the transition period from          to
                                              --------    --------

                           Commission File No. 0-27195

                           EWRX Internet Systems, Inc.
             (Exact name of Registrant as specified in its charter)

         State of Nevada                                        98-0117139
 (State or other jurisdiction of                             (I.R.S. Employer
  incorporation or organization)                             Identification No.)

     #440-755 Burrard Street
       Vancouver, BC Canada                                       V6Z 1X6
(Address of principal executive offices)                        (Zip code)

       Registrant's telephone number, including area code: (604) 669-6079

                           #301-543 Granville Street
                          Vancouver, BC Canada V6C 1X8
              (Former name, former address and former fiscal year,
                         if changed since last report)

Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months and (2) has been subject to such filing requirements for
the past 90 days. Yes X   No
                     ---    ---


The number of shares outstanding of the Registrant's  common stock as of May 12,
2000 was 14,847,080 shares.



<PAGE>
<TABLE>
<CAPTION>


                                             EWRX INTERNET SYSTEMS, INC. AND SUBSIDIARIES
                                                         TABLE OF CONTENTS
                                                                                                                     Page
                                                                                                                    Number
                                                                                                                    ------

                                                   PART I - FINANCIAL INFORMATION
                                                   ------------------------------

Item 1 - Financial Statements
-----------------------------
<S>                                                                                                                    <C>
     Review Report of Independent Accountants.....................................................................     3

     Consolidated Balance Sheets at June 30, 2000 (Unaudited) and December 31, 1999...............................     4

     Interim Consolidated Statements of Operations for the Three Months Ended June 30, 2000
         and 1999 (Unaudited) and for the Six Months Ended June 30, 2000 and 1999 (Unaudited).....................     5

     Interim Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2000
         and 1999 (Unaudited) ....................................................................................     6

     Notes to Interim Consolidated Financial Statements...........................................................     7

Item 2 - Management's Discussion and Analysis or Plan of Operations...............................................     9



                                                    PART II - OTHER INFORMATION
                                                    ---------------------------

Item 1 - Legal Proceedings........................................................................................    13

Item 2 - Changes in Securities....................................................................................    13

Item 3 - Default Upon Senior Securities...........................................................................    13

Item 4 - Submission of Matters to Vote of Security Holders........................................................    13

Item 5 - Other Information........................................................................................    13

Item 6 - Exhibits and Reports on Form 8-K.........................................................................    13

Signatures........................................................................................................    14
</TABLE>

                                                                        2
<PAGE>

Item 1.  Financial Statements
-----------------------------

                        REPORT OF INDEPENDENT ACCOUNTANTS



Board of Directors
EWRX Internet Systems Inc. and Subsidiaries


We have reviewed the  accompanying  balance sheets of EWRX Internet Systems Inc.
and  Subsidiaries as of March 31, 2000 and the related  statements of operations
and cash flows for the period then ended.  These  financial  statements  are the
responsibility of the Company's management.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A review  of  interim  financial
information consists  principally of analytical  procedures applied to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters.  It is  substantially  less in scope than an audit in  accordance  with
generally accepted auditing standards,  the objective of which is the expression
of an opinion regarding the financial statements taken as a whole.  Accordingly,
we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements  in order  for them to be in
conformity with generally accepted accounting principles.

We have  previously  audited,  in accordance  with generally  accepted  auditing
standards,  the balance sheet of EWRX Internet  Systems Inc. and Subsidiaries as
of December 31, 1999 and the related  statements  of earnings and cash flows for
the year then ended (not presented  separately herein),  and in our report dated
March  27,  2000  we  expressed  an  unqualified   opinion  on  those  financial
statements.  In our  opinion,  the  information  set  forth in the  accompanying
balance sheet as of March 31, 2000 is fairly stated,  in all material  respects,
in relation to the balance sheet from which it has been derived.




                                                      /s/ Jacoson & Rhodes P.C.
                                                      Jackson & Rhodes P.C.




Dallas, Texas
May 10, 2000

                                       3
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<TABLE>
<CAPTION>
                                EWRX INTERNET SYSTEMS INC. AND SUBSIDIARIES
                                       CONSOLIDATED BALANCE SHEETS


                                                   ASSETS

                                                                              June 30,        December 31,
                                                                                2000              1999
                                                                            -------------     -------------
                                                                             (Unaudited)
<S>                                                                          <C>               <C>
Current assets:
     Cash                                                                     $   41,548       $    5,214
     Receivables                                                                  70,803           37,422
     Prepaids and other                                                            3,372            2,636
                                                                              ----------       ----------
        Total current assets                                                     115,723           45,272
                                                                              ----------       ----------

Furniture and equipment:
     Furniture and equipment                                                     193,523           74,374
     Accumulated depreciation                                                    (46,519)         (29,395)
                                                                              ----------       ----------
        Net furniture and equipment                                              147,004           44,979
                                                                              ----------       ----------

Other assets:
     Goodwill, net of amortization of $436,028                                 1,560,317        1,759,953
     Website development costs                                                   363,055          254,855
                                                                              ----------       ----------
        Total other assets                                                     1,923,372        2,014,808
                                                                              ----------       ----------
                                                                              $2,186,099       $2,105,059
                                                                              ==========       ==========

                                  LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
     Accounts payable                                                         $  606,657       $  342,286
     Due to related parties                                                      257,202          138,700
                                                                              ----------       ----------
           Total current liabilities                                             863,859          480,986
                                                                              ----------       ----------


Stockholders' equity:
     Preferred stock, $.01 par value, 500,000 shares authorized,
        none issued and outstanding
     Common stock, $.001 par value, 100,000,000 shares authorized,
        14,847,080 and 13,551,980 shares issued and outstanding                   14,847           13,552
     Additional paid-in capital                                                5,888,315        4,555,614
     Accumulated Deficit                                                      (4,571,476)      (2,927,875)
     Accumulated other comprehensive income (loss)                                (9,446)         (17,218)
                                                                              ----------       ----------
                                                                              $2,186,099       $2,105,059
                                                                              ==========       ==========




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


                                                      4

<PAGE>
<TABLE>
<CAPTION>

                                   EWRX INTERNET SYSTEMS INC. AND SUBSIDIARIES
                                   INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS
                                                  (Unaudited)




                                                               Three Months Ended                   Six Months Ended
                                                                    June 30,                            June 30,
                                                             2000             1999              2000               1999
                                                          ----------       ----------        -----------        ----------
<S>                                                       <C>               <C>              <C>                <C>
Revenue                                                   $   63,744        $    4,993       $    91,891        $    4,993
                                                          ----------        ----------       -----------        ----------

Expenses:
      Salaries and benefits                                  325,293           309,392           637,588           314,740
      Consulting, management and professional fees           214,614            58,081           325,990           107,518
      Marketing and promotion                                 78,907             7,207           166,881            35,941
      Depreciation and amortization                          111,294            34,549           216,760            35,259
      General and administrative                             186,165            79,328           388,273           114,692
                                                          ----------        ----------       -----------        ----------
          Total expenses                                     916,273           488,557         1,735,492           608,150
                                                          ----------        ----------       -----------        ----------
Net loss for the period                                   $ (852,529)       $ (483,564)      $(1,643,601)       $ (603,157)
                                                          ==========        ==========       ===========        ==========

Basic net loss per share                                  $    (0.06)       $    (0.04)      $     (0.11)       $    (0.05)
                                                          ==========        ==========       ===========        ==========

Weighted average common shares outstanding                14,847,080        12,653,356        14,634,147        12,836,345
                                                          ==========        ==========        ==========        ==========









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


                                                      5
<PAGE>
<TABLE>
<CAPTION>

                        EWRX INTERNET SYSTEMS INC. AND SUBSIDIARIES
                       INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS


                                                                   Six Months Ended
                                                                        June 30,
                                                                2000             1999
                                                             -----------      -----------
                                                             (Unaudited)      (Unaudited)
<S>                                                         <C>                <C>
Net loss                                                    $(1,643,601)       $(603,157)
Adjustments to reconcile net loss to net
  cash provided by (used in) operating activities:
    Depreciation and amortization                               216,760           35,259
    Stock issued for domain name                                 17,500                -
    Stock option compensation                                         -          161,189
    Changes in assets and liabilities:
      Receivables                                               (33,381)           1,093
      Prepaid expenses                                             (736)          (3,662)
      Accounts payable                                          264,371           33,572
                                                            -----------        ---------
        Net cash used in operating activities                (1,179,087)        (375,706)
                                                            -----------        ---------
Cash flows from investing activities:
    Acquisition of CCS and NFPG, net of cash acquired                 -         (192,325)
    Purchase of furniture and equipment                        (119,149)          (7,815)
    Website development costs                                  (108,200)               -
                                                            -----------        ---------
        Net cash used in investing activities                  (227,349)        (200,140)
                                                            -----------        ---------

Cash flows from financing activities:
    Bank overdraft                                                    -           (2,661)
    Advances from related parties                               118,502           14,167
    Common stock sold for cash,
      Net of finders' fees paid                               1,146,508          690,659
    Private placement subscriptions                             169,988                -
                                                            -----------        ---------
        Net cash provided by financing activities             1,434,998          702,165
                                                            -----------        ---------
Effect of exchange rate changes on cash                           7,772          (13,461)
                                                            -----------        ---------
Net increase (decrease) in cash                                  36,334          112,858

Cash at beginning of period                                       5,214                -
                                                            -----------        ----------

Cash at end of period                                       $    41,548        $ 112,858
                                                            ===========        =========


      Noncash activities:
        During the period ended June 30, 1999, the Company converted $199,202 of
           debt into 664,010 shares of common stock.
        During the period ended June 30, 1999, the Company reacquired a total of
          3,600,000  shares of common stock and returned them to authorized  and
          unissued common stock.
        During the period ended June 30, 2000,  the Company issued 17,500 shares
          of common stock to purchase an internet domain name

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


                                        6

<PAGE>

                   EWRX INTERNET SYSTEMS INC. AND SUBSIDIARIES
               Notes to Interim Consolidated Financial Statements

1.   ORGANIZATION

     DESCRIPTION OF BUSINESS

     The Company was  incorporated on June 25, 1997 in the State of Nevada.  The
     consolidated  financial  statements include the accounts of the Company and
     its  wholly-owned  subsidiaries,  EWRX Internet Systems  (Canada),  Inc., a
     company incorporated in British Columbia, Classic Car Source,  Incorporated
     ("CCS") and North Fork Publishing  Group, Inc. ("NFPG") (Note 3). Until its
     acquisition  of  CCS  and  NFPG  in  June  1999,  the  Company  was  in the
     development  stage of its  existence,  devoting  its efforts  primarily  to
     raising  capital,  developing  an  industrial  mineral  project in Ukraine,
     exploring investment  opportunities,  and administrative functions. CCS was
     established  to create a source of on-line  publishing of  information  and
     entertainment  for classic  vehicle  collectors.  NFPG was  established  to
     provide  Internet  marketing,  design and internet  database  services on a
     contract basis to selected clients.

     UNAUDITED INTERIM FINANCIAL STATEMENTS

     The accompanying  unaudited interim financial statements have been prepared
     in accordance  with generally  accepted  accounting  principles for interim
     financial   information  and  with  the  instructions  to  Form  10-QSB  of
     Regulation S-B. They do not include all information and footnotes  required
     by  generally  accepted   accounting   principles  for  complete  financial
     statements. However, except as disclosed herein, there has been no material
     change  in  the  information  disclosed  in  the  notes  to  the  financial
     statements  for the year ended  December 31, 1999 included in the Company's
     Annual  Report  on Form  10-KSB  filed  with the  Securities  and  Exchange
     Commission.  The interim unaudited  financial  statements should be read in
     conjunction with those financial statements included in the Form 10-KSB. In
     the opinion of Management,  all adjustments considered necessary for a fair
     presentation,  consisting solely of normal recurring adjustments, have been
     made.  Operating  results  for the six months  ended June 30,  2000 are not
     necessarily  indicative  of the results  that may be expected  for the year
     ending December 31, 2000.

     GOING CONCERN

     The Company's financial statements have been presented on the basis that it
     is a going concern,  which  contemplates  the realization of assets and the
     satisfaction of liabilities in the normal course of business. The financial
     statements  do not  include  any  adjustments  that might  result  from the
     outcome of this uncertainty. The Company has reported cumulative net losses
     since inception of $4,571,476 to June 30, 2000.

     The  Company  has been and  remains  dependent  upon its  ability  to raise
     capital  by  selling  equity  securities  to  finance  its  operations  and
     development activities.  During the quarter ended March 31,2000, $1,158,508
     was raised by way of a private placement.


                                       7
<PAGE>

                   EWRX INTERNET SYSTEMS INC. AND SUBSIDIARIES
               Notes to Interim Consolidated Financial Statements

1.   ORGANIZATION

     GOING CONCERN (Continued)

     During the  quarter  ended  June 30,  2000 the  Company  arranged a private
     placement  of  2,000,000  units  at a price of  $0.75  per  unit for  gross
     proceeds of  $1,500,000.  Each unit  consists  of one common  share and one
     share purchase warrant  providing the right to acquire an additional common
     share at $0.75 per share for two years.  At June 30,  2000 the  Company had
     received $169,988 towards this financing.

     The Company is  dependent  upon the  proceeds of its  proposed  offering of
     Common  Stock or other  securities  to implement  its business  plan and to
     finance its working capital requirements. Should the Company's plans or its
     assumptions  change or prove to be  inaccurate  or  offering  proceeds  are
     insufficient  to fund  the  Company's  operations,  the  Company  would  be
     required to seek additional financing sooner than anticipated.  The Company
     may  determine,  depending upon  available  opportunities,  to seek debt or
     additional  equity  financing to fund the cost of  continuing  expansion or
     other  acquisitions.  To the extent that the Company incurs indebtedness or
     issues debt  securities,  it will be subject to risks  associated with such
     indebtedness, including interest rate fluctuations, collateral arrangements
     and the  possibility  that cash  flows may prove  inadequate  to repay such
     indebtedness.  The Company has no current  arrangements with respect to, or
     sources of, additional financing.

     There can be no  assurances  given that the Company will be  successful  in
     generating  sufficient  revenues from its planned activities or that it can
     raise  sufficient  capital to allow it to continue as a going concern which
     contemplates  the realization of assets and the satisfaction of liabilities
     in the normal course of business.


2.   CAPITAL STOCK

     As of February  29,  2000,  the Company  completed a private  placement  of
     1,277,600  units,  each  unit  consisting  of  one  common  share  and  one
     non-transferable  warrant  exercisable at $1.00 for two years from the date
     of the subscription.  The Company realized cash proceeds, net of $64,400 of
     finders' fees, in the amount of $1,136,508 and was relieved from $25,000 of
     liabilities  as a result of this  private  placement.  Of the  total  units
     issued,  54,600 units were issued to various  broker/dealers as payment for
     commissions  payable  in  connection  with  this  financing.   The  private
     placement  increased the number of fully diluted common shares by 1,277,600
     shares.


                                       8
<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
------------------------------------------------------------------

PLAN OF OPERATIONS

In the first half of 2000 the Company completed the following objectives:

     1.   Became a fully reporting Company under the Securities  Exchange Act of
          1934;

     2.   Closed $1.2 million interim financing;

     3.   ClassicCar.com  awarded AMRO (a division of SEMA) Associate Company of
          the year;

     4.   Signed 3-year sponsorship deal with Walker Racing;

     5.   Launched  Motorwrxmall.com,  17  stores  with  over  5,000  automotive
          products;

     6.   Launched Award winning racing and performance website - Speedwrx.com;

     7.   Launched "the Walker Racing Garage", a component of Speedwrx.com; and

     8.   Initiated pre-launch websites for Truckwrx.com and Motorwrx.com

The  consolidation  of the "dot.com  world" and stock  markets in general in the
second  and third  quarters  of 2000 has  forced  management  of the  Company to
re-evaluate  its primary  objectives  and  segments of its business  plan.  This
market  consolidation  has been  positive for EWRX and its family of Websites as
its commitment and success in building  content and community  based websites is
proving to be a valuable  commodity  in the "new" dot com  world.  As  e-tailors
scramble to affiliate themselves with large community based web companies,  EWRX
is  establishing a major  "web-sponsorship"  initative to facilitate  this "new"
demand.  Although  EWRX has not  completed  its  evaluation  of this new revenue
model,  EWRX is positioned to take advantage of the opportunity by utilizing its
family of on-and-off-line products.

EWRX's primary  business  objective  during the next 12 months is to develop and
operate  websites  that  facilitate  commercial  transactions  in the  specialty
automotive aftermarket.

For  the  second  half  of  2000,  the  Company  will be  focused  on 9  primary
objectives.

     1.   Completing  the  necessary  financing to realize the Company  business
          plan;

     2.   Continue to upgrade existing  websites with new software  capabilities
          and   content   including:    ClassicCar.com,    Classictruckshop.com,
          Speedwrx.com, Motorwrx.com and Motorwrxmall.com;

     3.   Complete  and  launch  Truckwrx.com,  Motorwrx.com  and  phase  one of
          Bigbadcatalogue.com;


                                       9
<PAGE>



     4.   Implement a strategic investor relations and public relations campaign
          to expand the Company's shareholder base;

     5.   Continue to enhance and develop the Company's  association with Walker
          Racing and expand into other levels of racing as part of the Company's
          marketing campaign;

     6.   Initiate a listing on a Junior European Exchange;

     7.   Complete a full  registration  of the  Company's  securities  with the
          Securities and Exchange Commission to facilitate financing;

     8.   Initiate a  revenue-producing  web sponsorship  program  utilizing the
          Company's  off-line racing products,  its websites with special events
          such as Classic Car, Truck Shows and Auctions and Races; and

     9.   Expand the Company's brands  on-and-off line by way of  co-sponsorship
          programs with other specialty automotive aftermarket companies.

REVENUES AND FINANCING

Through  June 30, 2000 the  Company has  realized  minimal  revenue  from banner
advertising and website consulting services, principally because the acquisition
of  Classic  Car and  North  Fork  was  completed  only in late  June  1999  and
development  of the  Company's  existing  and new  websites  was  slowed  due to
insufficient  financing.  EWRX  intends to derive a  substantial  portion of its
revenues from this development.

The Company  anticipates  that Internet and related  e-commerce will continue to
become more  accessible and that the market  opportunities  for the Company will
expand in North America and  internationally.  The Company intends to expand the
content and to improve the services on its websites,  and where appropriate,  to
add new websites that are compatible with its existing  websites  related to the
Specialty Automotive  Aftermarket.  Additional capital, as described in "Capital
Resources"  below,  will  be  required  for  significant  expansion  on  Website
capabilities and other Company activities.

The Company's  principal source of funds has come from sales of Common Shares by
way of private  placement  and from  advances  made by officers and directors to
June 30, 2000.  Approximately $1.32 million has been raised from sales of Common
Stock  since  September  1999.  At June 30,  2000 there were net  advances  from
officers and  directors  amounting to $257,202  ($138,700 at December 31, 1999).
Proceeds  have  primarily  been used to  acquire  Classic  Car and  North  Fork,
initiate work for website  re-design as discussed  previously  and for corporate
administrative and sales costs.

The Company is continuing to investigate and solicit funding  primarily  through
private placement of its securities.


                                       10
<PAGE>


CAPITAL RESOURCES

As of February 29, 2000, the Company  completed a private placement of 1,277,600
units,  including  issuance of 54,600 units for commissions,  at $1.00 per unit.
Each  unit  consisted  of one  common  share  and one  non-transferable  warrant
exercisable  at $1.00  for two  years  from the  date of the  subscription.  Net
proceeds  of  approximately  $1.198  million  was  raised in cash.  The  private
placement  increased  the number of fully  diluted  common  shares by  1,277,600
shares.  This placement was not subject to an underwriting  agreement,  although
broker-dealers were paid commissions.

The Company's monthly general and  administrative  costs (e.g.  salaries,  rent,
corporate expenses) are approximately $250,000. The Company anticipates, subject
to adequate financing,  that by mid-2002,  there will be sufficient revenue from
the operations of its websites from providing other Internet related services to
pay for these costs and related sales and marketing  costs  However,  due to the
uncertainty  of the timing and  availability  of financing,  the Company will be
taking  immediate steps to consolidate  human  resources and corporate  overhead
expenses.

The Company is  dependent  upon the  proceeds  from the sale of Common  Stock to
implement  its business  plan and to finance its working  capital  requirements.
Should the Company's plans or its  assumptions  change or prove to be inaccurate
or offering  proceeds are  insufficient  to fund the Company's  operations,  the
Company would be required to seek additional  financing sooner than anticipated.
The Company may determine, depending upon available opportunities,  to seek debt
or additional equity financing to fund the cost of continuing expansion or other
acquisitions.  To the extent that the Company incurs indebtedness or issues debt
securities,  it will be  subject  to risk  associated  with  such  indebtedness,
including   interest  rate   fluctuations,   collateral   arrangements  and  the
possibility that cash flows may prove inadequate to repay such indebtedness. The
Company has no current arrangements with respect to additional financing.  There
can be no  assurances  given that the Company will be  successful  in generating
sufficient  revenues from its planned activities or that it can raise sufficient
capital  to allow  it to  continue  as  going  concern  which  contemplates  the
realization of assets and the  satisfaction  of liabilities in the normal course
of  business.  These  factors can affect the ability of the Company to implement
its general  business plan including  specific plans to re-design  websites,  to
develop  an on-line  Specialty  Automotive  Aftermarket  equipment  catalog,  to
implement other sales programs for its websites visitors, the principal means of
revenue generation for the Company's Internet markets.

FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Until recently,  the Company was a development stage  enterprise.  Its principal
assets today are its  investments in Classic Car and North Fork.  From inception
to date, the Company has incurred significant  operating losses resulting in its
working  capital  deficit.  From its formation in 1997 through the first half of
1999, the Company did not generate any significant operating revenues. Beginning
in the third quarter of 1999 and upon  completion of the purchase of Classic Car
and North Fork  discussed  previously,  the Company  has entered the  e-commerce
marketplace.  Revenues in 2000 were derived primarily from banner advertising on
Company websites.

Salaries and benefits  increased  in 2000 when  compared to 1999  primarily as a
result of increases in personnel in the second half of 1999 in  connection  with
commencing e-commerce operating activities as a result of acquisition of Classic
Car Source and North Fork completed in June 1999.


                                       11
<PAGE>


Consulting,  management and professional fees are primarily accounting and legal
expenses. Increases in these expenses in 2000 when compared to 1999 are a result
of costs  incurred  relating to the  acquisition of Classic Car Source and North
Fork and  completion  of the  Company's  registration  of  securities  under the
Securities Exchange Act of 1934.

Marketing and promotion cost in 2000 pertain to creating brand awareness  within
the Internet  community of the Company's  websites and its related  products and
services.  All such costs were incurred subsequent to the acquisition of Classic
Car and North Fork.

Overall during 2000, general and administrative expenses increased when compared
to 1999  as a  result  of  commencing  operating  activities  subsequent  to the
acquisition of Classic Car and North Fork.  Higher costs resulted from increased
staff,  enlarging  office  facilities  to  include  two  locations,   and  other
administrative  expenses.  Such  increases  occurred  primarily in the third and
fourth  quarters  of 1999  and are  expected  to be  reduced  from  the  rate of
approximately $250,000 per month.

Increases in depreciation  and amortization in 2000 when compared to 1999 relate
primary to amortization of goodwill  recorded in connection with the acquisition
of Classic Car and North Fork. Such amortization commenced in July 1999.

Due to  operating  losses  since  inception,  the Company has not  incurred  any
liability related to income taxes.

Subject to  availability  of financing  (see  "Capital  Resources"  above),  the
Company  intends to complete  the  re-design of its current  websites,  increase
banner  advertising  and other  sales  programs,  and  continue  to develop  its
electronic catalog, all during the second half of 2000. The on-going redesign of
the Company's websites was initiated in June 1999, and when completed, a variety
of e-commerce  revenue streams will begin.  These  activities are expected to be
the principal  sources of future revenues for the Company.  The Company believes
that revenues to be earned during the next twelve months,  together with planned
sales of Common  Shares as  described  above  under  "Capital  Resources",  will
provide  sufficient  funding for  operations  during that  twelve-month  period.
However,  no assurance can be given that the types of revenues  projected by the
Company or that the financing contemplated by the Company will occur. Additional
capital will be required for significant  expansion of websites capabilities and
other  planned  Company   activities  such  as  development  or  acquisition  of
additional websites.


                                       12
<PAGE>

                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

     None.

ITEM 2.  CHANGES IN SECURITIES.

     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:

             27.1     Financial Data Schedule

        (b)  Reports on Form 8-K:

             None


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<PAGE>

                                   SIGNAURES

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.



                                      EWRX INTERNET SYSTEMS, INC.
                                      (Registrant)


August 11, 2000                       By  /s/ Ronald C. Davis
                                         -------------------------------------
                                         Ronald C. Davis
                                         President and Chief Executive Officer


August 11, 2000                       By /s/ Richard P. Ott
                                         -------------------------------------
                                         Richard P. Ott
                                         Treasurer and Chief Accounting Officer





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