<PAGE>

                                   FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

(Mark One)

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

For the quarterly period ended September 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 number 000-26653
                       ---------


                        BAYNON INTERNATIONAL CORPORATION
                        --------------------------------
             (Exact name of registrant as specified in its charter)


                   Nevada                                88-0285718
                   ------                                ----------
       (State or other jurisdiction of      (I.R.S. Employer Identification No.)
       incorporation or organization)

             266 Cedar Street,
           Cedar Grove, New Jersey                          07009
           -----------------------                          -----
       (Address of principal executive                   (Zip Code)
                  offices)

               (973) 239-2952
               --------------
    (Registrant's telephone number, including area
                        code)

                                 Not applicable
                                 --------------
              (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 (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

Yes X   No
    --     --

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

                 Class                      Outstanding at September 30, 2000
                 -----                      ---------------------------------
     Common Stock, $.001 par value                     10,532,692

<PAGE>

                        BAYNON INTERNATIONAL CORPORATION
                        --------------------------------

<TABLE>
<CAPTION>
             Index                                                                                     Page No.
             -----                                                                                     --------

<S>          <C>                                                                                        <C>
Part I       Financial Information

Item 1       Financial Statements:

             Balance Sheets - September 30, 2000 and December 31, 1999                                    3

             Statements of Operations - For the Three and Nine Months Ended
             September 30, 2000 and 1999                                                                  4

             Statements of Cash Flows - For the Nine Months Ended September 30, 2000 and 1999             5

             Notes to Financial Statements                                                                6

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


Part II      Other Information

Item 1       Legal Proceedings                                                                            8

Item 2       Changes in Securities and Use of Proceeds                                                    8

Item 3       Defaults Upon Senior Securities                                                              8

Item 4       Submission of Matters to a Vote of Security Holders                                          8

Item 5       Other Information                                                                            8

Item 6       Exhibits and Reports on Form 8-K                                                             8

             Exhibit 27.1:  Financial Data Schedule                                                      10
</TABLE>
                                       2
<PAGE>



                        BAYNON INTERNATIONAL CORPORATION

                                 Balance Sheets

<TABLE>
<CAPTION>
                                                                           September 30, 2000       December 31, 1999
                                                                                  (Unaudited)               (Audited)
<S>                                                                                  <C>                     <C>
ASSETS
Current Assets:
    Cash and cash equivalents                                                        $ 41,635                $ 53,475
                                                                                     --------                --------

       Total Current Assets                                                            41,635                  53,475
                                                                                       ------                  ------

           Total Assets                                                              $ 41,635                $ 53,475
                                                                                     ========                ========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
    Accounts payable and accrued expenses                                              $6,000                  $6,105
                                                                                       ------                  ------

       Total Current Liabilities                                                        6,000                   6,105
                                                                                        -----                   -----

           Total Liabilities                                                            6,000                   6,105
                                                                                        -----                   -----

Stockholders' Equity:
    Common stock, $.001 par value, 50,000,000
    Shares authorized, 10,532,692 shares issued and outstanding at September 30,
    2000 and December 31, 1999

                                                                                       10,533                  10,533
    Additional paid-in-capital                                                         53,000                  53,000
    Retained earnings (deficit)                                                       (27,898)                (16,163)
                                                                                     --------                --------
       Total Stockholders' Equity                                                      35,635                  47,370
                                                                                       ------                  ------

       Total Liabilities and Stockholders' Equity                                    $ 41,635                 $53,475
                                                                                     ========                 =======
</TABLE>
                                       3
<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

                             Statement of Operations
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                  Three Months Ended            Nine Months Ended
                                                                 September 30, 2000,           September 30, 2000,
                                                                 -------------------           -------------------

                                                                    2000           1999            2000          1999
                                                                    ----           ----            ----          ----

<S>                                                           <C>             <C>            <C>            <C>
Revenues                                                         $ - 0 -        $ - 0 -           $ -0-         $ -0-

Cost of Revenues                                                   - 0 -          - 0 -           $ -0-         $ -0-
                                                                   -----          -----           -----         -----

Gross Profit                                                       - 0 -          - 0 -           - 0 -         - 0 -

Other Costs:
    General and administrative expenses                            5,907          2,191          13,701         6,101
                                                                   -----          -----          ------         -----

       Total Other Costs                                           5,907          2,191          13,701         6,101

Other Income and Expense:
    Interest income                                                  590            684           1,966         2,075
                                                                     ---            ---           -----         -----

Net Income (Loss) before Income Taxes                            (5,317)        (1,507)        (11,735)       (4,026)

Income Taxes                                                       - 0 -          - 0 -             -0-           -0-
                                                                   -----          -----             ---           ---

Net Income (Loss)                                               $(5,317)       $(1,507)       $(11,735)      $(4,026)
                                                                ========       ========       =========      ========

Earnings (Loss) Per Share:
    Basic Earnings (loss) per common share                         $ .00          $ .00           $ .00         $ .00
                                                                   =====          =====           =====         =====

    Diluted Earnings (loss) per common share                       $ .00          $ .00           $ .00         $ .00
                                                                   =====          =====           =====         =====

    Basic Common shares outstanding                           10,532,692      9,532,692      10,532,692     9,532,692
                                                              ==========      =========      ==========     =========

    Diluted Common shares outstanding                         10,532,692      9,532,692      10,532,692     9,532,692
                                                              ==========      =========      ==========     =========
</TABLE>
                                       4
<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

                            Statements of Cash Flows
                     For the Nine Months Ended September 30

                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                    Nine Months Ended
                                                                                       September 30
                                                                                   2000              1999
                                                                                   ----              ----

<S>                                                                           <C>                <C>
Cash Flows from Operating Activities:
    Net Income (Loss)                                                         $(11,735)          $(4,026)

Adjustments to reconcile net loss to net cash used in operating activities:
    Decrease in accounts payable and accrued expenses                             (105)             1,285
                                                                                  -----             -----
    Net Cash Used in Operating Activities                                      (11,840)           (2,741)

Cash Flows from Financing Activities:
    Issuance of common stock                                                        -0-               -0-
                                                                                    ---               ---
    Net Cash provided by financing activities                                       -0-               -0-
                                                                                    ---

Net Increase (Decrease) in Cash and Cash Equivalents                           (11,840)           (2,741)

Cash and Cash Equivalents, beginning of period                                   53,475            50,892
                                                                                 ------            ------

Cash and Cash Equivalents, end of period                                       $ 41,635          $ 48,151
                                                                               ========          ========

Supplemental Disclosures of Cash Flow Information:
    Cash paid during the period for:
    Interest                                                                     $- 0 -            $- 0 -
                                                                                  =====             =====
    Income Taxes                                                                 $- 0 -            $- 0 -
                                                                                  =====             =====
</TABLE>
                                       5
<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 2000



1.  Baynon International Corporation (formerly known as Technology Associates
    Corporation and hereinafter referred to as the "Company"), was originally
    incorporated on February 29, 1968 under the laws of the Commonwealth of
    Massachusetts to engage in any lawful corporate undertaking. On December 28,
    1989, the Company reincorporated under the laws of the State of Nevada. The
    Company was formerly engaged in the technology marketing business and its
    securities traded on the National Association of Securities Dealers OTC
    Bulletin Board. The Company has not engaged in any business operations for
    at least the last two years and has no operations to date.

2.  The December 31, 1999 balance sheet data was derived from audited financial
    statements but does not include all disclosures required by generally
    accepted accounting principles. In the opinion of management, the
    accompanying unaudited financial statements contain all adjustments
    necessary to present fairly the financial position as of September 30, 2000
    and the results of operations for the three and nine months ended September
    30, 2000 and 1999 and the cash flows for the nine months ended September 30,
    2000 and 1999.

    The statements of operations for the three and nine months ended September
    30, 2000 and 1999 are not necessarily indicative of results for the full
    year.

    While the Company believes that the disclosures presented are adequate to
    make the information not misleading, these financial statements should be
    read in conjunction with the financial statements and accompanying notes
    included in the Company's Annual Report on Form 10-KSB for the fiscal year
    ended December 31, 1999.

3.  Earnings per share are based on the weighted average number of common shares
    outstanding including common stock equivalents.

                                       6
<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

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

Liquidity and Capital Resources
-------------------------------
         At September 30, 2000, the Company had a cash balance of $41,635, which
represents an $11,840 decrease from the $53,475 balance at December 31, 1999.
This $11,840 decrease results entirely from cash used in operations. The
Company's working capital position at September 30, 2000 was $35,635 as compared
to a December 31, 1999 balance of $47,370.

         The focus of the Company's efforts is to acquire or develop an
operating business. Despite no active operations at this time, management
intends to continue in business and has no intention to liquidate the Company.
The Company has considered various business alternatives including the possible
acquisition of an existing business, but to date has found possible
opportunities unsuitable or excessively priced. The Company does not contemplate
limiting the scope of its search to any particular industry. Management has
considered the risk of possible opportunities as well as their potential
rewards. Management has invested time evaluating several proposals for possible
acquisition or combination, however, none of these opportunities were pursued.
The Company presently owns no real property and at this time has no intention of
acquiring any such property.

Results of Operations
---------------------
Three Months Ended September 30, 2000 compared to Three Months Ended
--------------------------------------------------------------------
September 30, 1999
------------------

Net income (loss)
-----------------
         The Company incurred a loss of $5,317 in the current quarterly period,
which represents a $3,810 increase in Net Loss compared to the prior year
period. Interest income decreased $94 to $590 primarily due to lower cash
balances. General and administrative expenses of $5,907 were incurred in the
current quarterly period compared to $2,191 in the prior year period. The
increase of $3,716 was due primarily to an increase in professional fees
incurred in connection with filing requirements.

Nine Months Ended September 30, 2000
------------------------------------

Net income (loss)
-----------------

         The Company incurred a loss of $11,735 in the current nine-month
period, which represents a $7,709 increase in Net Loss compared to the prior
year period. Interest income decreased $109 to $1,966 primarily due to lower
cash balances. General and administrative expenses of $13,701 were incurred in
the current nine-month period compared to $6,101 in the prior year period. The
increase of $7,600 was due primarily to an increase in professional fees
incurred in connection with filing requirements.

         During the current and prior year quarter the Company had not recorded
an income tax provision/benefit due to its tax carryforward position at that
time.

                                       7
<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

PART II. Other Information

Item 1.           Legal Proceedings
                  -----------------
                  Not Applicable.

Item 2.           Change in Securities and Use of Proceeds
                  ----------------------------------------

                  Not Applicable.

Item 3.           Defaults Upon Senior Securities
                  -------------------------------

                  Not Applicable.

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

                  Not Applicable.

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

                  Not Applicable.

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

                  (a)  Exhibits:  See Financial Data Schedule, attached hereto
                       as Exhibit 27.1

                  (b) Reports on Form 8-K - None

                                       8
<PAGE>

                                   SIGNATURES

         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.

                                            BAYNON INTERNATIONAL CORPORATION

                                            Registrant

Date: November 13, 2000                     By:     /s/ Pasquale Catizone
                                                  ------------------------------
                                                    Pasquale Catizone, Chairman
                                                   (on behalf of the registrant)

                                       9