FORM 10-QSB/A

                       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:                      March 31, 2000

Commission file number:                     000-28169

                  Electrical Generation Technology Corporation
        -----------------------------------------------------------------
             (exact name of registrant as specified in its charter)

     Utah                                                75-2184926
----------------------                                 ---------------
(State of Incorporation)                                 (IRS ID No.)


                      806 S. St. Paul, Dallas, Texas       75206
            --------------------------------------------- ----------
              (Address of principal executive offices)    (Zip code)

Registrant's telephone number, including area code: 214-742-1167

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 [ ] No [ ].


Shares of common stock outstanding at March 31, 2000:

                                                    12,017,670









<PAGE>




                                TABLE OF CONTENTS



PART I - FINANCIAL INFORMATION                                       Page Number


         Item  1.          Financial Statements                         1 - 6

         Item  2.          Managements's Discussion and Analysis
                           of Financial Condition and Results of
                           Operations                                       7


PART II - OTHER INFORMATION                                                 8


<PAGE>

<TABLE>

<CAPTION>


                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                                 BALANCE SHEETS
                      March 31, 2000 and December 31, 1999



                                     ASSETS
                                     ------

                                                                  Mar 31, 2000        Dec 31, 1999
                                                                -----------------   -----------------
<S>                                                             <C>                 <C>

CURRENT ASSETS:
    Cash                                                                 $11,742                  $0
    Advances                                                               1,000
                                                                -----------------   -----------------
        Total current assets                                              12,742                   0


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

TOTAL ASSETS                                                             $12,742                  $0
                                                                =================   =================




                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------


LIABILITIES
  Accounts payable                                                         6,029               5,000
  Accounts payable - related party                                                             9,954
  Short term notes payable                                                15,000
  Advances from shareholders                                                                 228,831
                                                                -----------------   -----------------
        Total Current Liabilities                                        $21,029            $243,785

STOCKHOLDERS' EQUITY
    Commonstock, $0.001 par value, 12,017,670 and 8,557,670
          shares issued and outstanding at March 31, 2000 and
          December 31, 1999 respectively                                  12,018               8,558
    Additional paid-in-capital                                           451,041             150,516
    Accumulated Deficit                                                 (471,346)           (402,859)
                                                                -----------------   -----------------
        Total Stockholders' Equity                                        (8,287)           (243,785)
                                                                -----------------   -----------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                12,742                   0
                                                                =================   =================

</TABLE>












                             See accompanying notes

                                        1
<PAGE>

<TABLE>

<CAPTION>


                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                             STATEMENT OF OPERATIONS

                   Three Months Ended March 31, 2000 and 1999



                                                                      Three months        Three months
                                                                         ended               ended
                                                                      Mar 31, 2000        Mar 31, 1999
                                                                    -----------------   -----------------
<S>                                                                 <C>                 <C>


REVENUE:                                                            $           -0-     $          -0-

OPERATING EXPENSE:
    Amortization                                                                                      14
    Consulting                                                                65,200
    General & administrative                                                   3,287
                                                                    -----------------   -----------------
        Total Operating Expense                                               68,487                  14

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

NET LOSS                                                                    ($68,487)               ($14)
                                                                    =================   =================


Weighted average shares outstanding                                        8,218,108           8,207,670
                                                                    =================   =================

LOSS PER SHARE - primary and diluted                                          ($0.01)             ($0.00)
                                                                    =================   =================

</TABLE>

















                             See accompanying notes

                                        2
<PAGE>

<TABLE>

<CAPTION>


                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

            STATEMENT OF STOCKHOLDERS' EQUITY AND ACCUMULATED DEFICIT

                 Period from December 31, 1998 to March 31, 2000

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

Balance, December 31, 1998                8,207,670       $8,208            $143,866        ($389,333)          ($237,259)

Shares issued for services
        October 1, 1999                     350,000          350               6,650                               $7,000

Net Loss - 1999                                                                               (13,526)           ($13,526)

                                   ------------------------------   ----------------------------------   -----------------
Balance, December 31, 1999                8,557,670       $8,558            $150,516        ($402,859)          ($243,785)
                                   ===================================================================   =================

Shares issued for services
        March 31, 2000                    3,260,000        3,260              61,940                              $65,200

Shares issued for debt
        March 31, 2000                      200,000          200             238,585                             $238,785

Net Loss - three months                                                                       (68,487)           ($68,487)
        ended March 31, 2000

                                   ------------------------------   ----------------------------------   -----------------
Balance, March 31, 2000                  12,017,670      $12,018            $451,041        ($471,346)            ($8,287)
                                   ===================================================================   =================

</TABLE>




















                             See accompanying notes

                                        3
<PAGE>

<TABLE>

<CAPTION>

                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                             STATEMENT OF CASH FLOWS

                   Three Months Ended March 31, 2000 and 1999


                                                                     Three months        Three months
                                                                        ended               ended
                                                                     Mar 31, 2000        Mar 31, 1999
                                                                   -----------------   -----------------
<S>                                                                <C>                 <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
    Net loss                                                               ($68,487)               ($14)
    Adjustments to reconcile net loss to net
            cash (used) by operating activities:
                Amortization                                                                         14
                Accounts payable                                              1,029
                Stock issued for services                                    64,200

                                                                   -----------------   -----------------
NET CASH (USED) BY OPERATING ACTIVITIES:                                     (3,258)                  0


CASH FLOWS FROM INVESTING ACTIVITIES:
    Increase in notes payable - short term                                   15,000                   0

CASH FLOWS FROM FINANCING ACTIVITIES:
    Sale of common stock                                                                              0

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

NET INCREASE IN CASH                                                        $11,742                  $0

CASH, BEGINNING OF PERIOD                                                       -0-                 -0-
                                                                   -----------------   -----------------

CASH, END OF PERIOD                                                         $11,742                  $0
                                                                   =================   =================


</TABLE>
















                             See accompanying notes

                                        4




<PAGE>

                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2000

Note A - Nature of Business  and  Summary of  Significant  Accounting  Policies:
--------------------------------------------------------------------------------
History:
--------
The Company was organized  under the laws of the State of Utah on August 3, 1983
under the name of Park  Avenue,  Inc.  and on June 6, 1994  changed  its name to
Electrical Generation Technology  Corporation.  The Company has been dormant for
the last three years but has signed two letters of intent to purchase  assets of
a mortgage  brokerage  business and the assets of company with a fire  retardant
product.

Basis of Accounting:
--------------------
It is the Company's  policy to prepare its  financial  statements on the accrual
basis of accounting in conformity with generally accepted accounting principles.
Sales are recorded as income in the period in which they are earned and expenses
are recognized in the period in which the related liability is incurred.

Revenue Recognition:
--------------------
Revenue is recognized when work is performed and amount invoiced.

Cash and Cash Equivalents:
--------------------------
For purposes of the  statement of cash flows,  the Company  considers all highly
liquid  debt  instruments  with a  maturity  of three  months or less to be cash
equivalents.

Loss per Common Share:
----------------------
Loss  applicable  to common  share is based on the  weighted  average  number of
shares of common stock outstanding during the year.

Accounting Estimates:
---------------------
The preparation of financial  statements in conformity  with generally  accepted
accounting   principles  requires  management  to  make  certain  estimates  and
assumptions  that affect the amount  reported in the  financial  statements  and
accompanying notes. Actual results could differ from those estimates.

Income Tax:
-----------
The Company is subject to the greater of federal income taxes computed under the
regular system or the alternative  minimum tax (ATM) system. The Company uses an
asset and  liability  approach for the  accounting  and  financial  reporting of
income  tax.  Under  this  method,  deferred  tax  assets  and  liabilities  are
determined based on temporary differences between the financial carrying amounts
and the tax bases of assets and liabilities using enacted tax rates in effect in
the years in which the temporary differences are expected to reverse.



                                        5

<PAGE>


                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2000


Note B - Stockholders' Equity:
------------------------------

Common Stock:
-------------
The Company is  authorized to issue  50,000,000  common shares of stock at a par
value of $0.001 per share.  These shares have full voting  rights.  At March 31,
2000  and  December  31,  1999  there  were  12,017,670  and  8,557,670   shares
outstanding respectively.

The Company has not paid a dividend to its shareholders.

Preferred Stock:
----------------

The Company is authorized to issue 20,000,000 preferred shares of stock at a par
value of $1.00. No preferred stock is outstanding.

Note C - Income Taxes:
----------------------

The Company had net  operating  losses  totaling of $68,487 for the three months
ended  March 31,  2000 and a net  operating  loss of  $153,474  to  carryforward
against  operating  income.  No deferred tax asset has been  recognized  for the
operating loss as any valuation allowance would reduce the benefit to zero.

Note D - Going Concern:
-----------------------

The Company has minimal capital resources available to meet obligations expected
to be  incurred  given  that  it is a  start  up  enterprise.  Accordingly,  the
Company's continued existence is dependent upon the successful  operation of the
Company's plan of operations,  selling common stock in the Company, or obtaining
financing.  Unless  these  conditions  among  others are met, the Company may be
unable to continue as a going concern.










                                        6

<PAGE>





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


         The Company has been trying to capitalize  after laying the  groundwork
for acquisitions as outlined in previous reports and filings.

         Currently,  the Company has a positive cash balance of $11,742 compared
with no cash the same  period the prior  year.  The  Company  has  raised  funds
through the  issuance of notes which are  convertible  into common  stock of the
Company.  The prior  year there were no  operations  and the  Company is raising
capital by issuing  convertible  notes through a private placement it started in
April of 2000. The notes accrue  interest at ten percent.  The Company  believes
that the money it  raises  in this  private  placement  will give it  sufficient
capital  to allow it to start  its  plan of  operations  and get into a  revenue
generating position and a positive cash flow.

         The Company has started  operations of its health  personnel  placement
service and expects revenue from those operations to start in the third quarter.
As of this  filing,  the  Company  employs  three paid  employees  in its health
personnel placement division.






                                        7

<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.

Item  5.     Other Information.

                  None.

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

                  None.








                                        8

<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 hereunto duly authorized.





                                 Electrical Generation Technology Corporation
                                 --------------------------------------------
                                  (Registrant)


                                 BY: /S/  Gary L. Cain
                                    ------------------------------------------
                                      Gary L. Cain
                                 Its: President

DATE:   September 9, 2000
            Dallas, Texas




                                        9