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:             September 30, 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 September 30, 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
                    September 30, 2000 and December 31, 1999



                                     ASSETS
                                     ------

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

 CURRENT ASSETS:
     Accounts receivable                                                            $11,334                  $0
     Advances                                                                         2,750
                                                                           -----------------    ----------------
         Total current assets                                                        14,084                   0

 PROPERTY, PLANT & EQUIPMENT:
     Furniture & fixtures                                                             3,451
     Accumulated depreciation                                                          (173)
                                                                           -----------------    ----------------
         Total property, plant & equipment                                            3,278

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

 TOTAL ASSETS                                                                       $17,362                  $0
                                                                           =================    ================




                      LIABILITIES AND STOCKHOLDERS' EQUITY


 LIABILITIES:
   Cash overdraft                                                                    16,981
   Accounts payable and accrued expenses                                             46,639               5,000
   Accounts payable - related party                                                  11,348               9,954
   Short term notes payable                                                          65,000
   Advances from shareholders                                                                           228,831
                                                                           -----------------    ----------------
         Total Current Liabilities                                                 $139,968            $243,785

 STOCKHOLDERS' EQUITY:
     Commonstock, $0.001 par value, 12,017,670 and 8,557,670 shares
           issued and outstanding at September 30, 2000 and
           December 31, 1999 respectively                                            12,018               8,558
     Additional paid-in-capital                                                     451,041             150,516
     Accumulated Deficit                                                           (585,665)           (402,859)
                                                                           -----------------    ----------------
         Total Stockholders' Equity                                                (122,606)           (243,785)
                                                                           -----------------    ----------------

 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                          17,362                   0
                                                                           =================    ================
</TABLE>








                             See accompanying notes

                                        1
<PAGE>

<TABLE>

<CAPTION>


                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                             STATEMENT OF OPERATIONS

                 Three Months Ended September 30, 2000 and 1999



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


 REVENUE:                                                          $11,334                  $0

 OPERATING EXPENSE:
     Amortization                                                      173
     General & administrative                                       64,853
                                                          -----------------    ----------------
         Total Operating Expense                                    65,026                   0

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

 NET LOSS                                                         ($53,692)                 $0
                                                          =================    ================


 Weighted average shares outstanding                            12,017,670           8,207,670
                                                          =================    ================

 LOSS PER SHARE                                                     ($0.00)              $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 September 30, 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
         ended March 31, 2000                                                                (68,487)           ($68,487)

 Net Loss - three months
         ended June 30, 2000                                                                 (60,627)           ($60,627)


                                  ------------------------------    ---------------------------------    ----------------
 Balance, June 30, 2000                 12,017,670      $12,018            $451,041        ($531,973)           ($68,914)
                                  ===================================================================    ================


 Net Loss - three months
         ended September 30, 2000                                                            (53,692)           ($53,692)


                                  ------------------------------    ---------------------------------    ----------------
 Balance, September 30, 2000            12,017,670       12,018             451,041         (585,665)           (122,606)
                                  ===================================================================    ================

</TABLE>














                             See accompanying notes

                                        3
<PAGE>

<TABLE>

<CAPTION>

                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                             STATEMENT OF CASH FLOWS

                 Three Months Ended September 30, 2000 and 1999


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

 CASH FLOWS FROM OPERATING ACTIVITIES:
     Net loss                                                             ($53,692)                 $0
     Adjustments to reconcile net loss to net
             cash (used) by operating activities:
                 Depreciation                                                  173
                 Increase/decrease in current assets                       (11,334)
                 Increase/decrease in current liabilities                   43,825

                                                                  -----------------    ----------------
 NET CASH (USED) BY OPERATING ACTIVITIES:                                  (21,028)                  0


 CASH FLOWS FROM INVESTING ACTIVITIES:
     Purchase of fixed assets                                               (3,451)                  0

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

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

 NET INCREASE IN CASH                                                      ($9,479)                 $0

 CASH, BEGINNING OF PERIOD                                                  (7,502)                  0
                                                                  -----------------    ----------------

 CASH, END OF PERIOD                                                      ($16,981)                 $0
                                                                  =================    ================


</TABLE>



















                             See accompanying notes

                                        4
<PAGE>

                  ELECTRICAL GENERATION TECHNOLOGY CORPORATION

                          NOTES TO FINANCIAL STATEMENTS
                               September 30, 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
                               September 30, 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 September
30,  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 $53,692 for the three months
ended  September 30, 2000 and a net operating  loss of $267,793 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 negative cash balance of compared with no
cash the same period the prior year. 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 has started to bill  customers for these  services.  As of September
30, 2000,  the Company  employed  three paid  employees in its health  personnel
placement  division,  with other  employees  paid as they  perform  work for the
customers of the Company. The Company believes that the foundation that has been
laid will  provide the  framework  for a profitable  operations  from its health
personnel placement service.




                                        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:   November 13, 2000
            Dallas, Texas


                                        9