U.S. SECURITIES AND EXCHANGE COMMISSION
                                Washington, DC  20549

                                     FORM 10-QSB


             (Mark One)

             xQuarterly report under Section 13, or 15 (d) of the  Securities
        Exchange Act of 1934

             For the quarterly period ended  July 31, 1999


             oTransition report under Section  13 or 15  (d) of the  Exchange
        Act

             For   the   transition    period   from   ________________    to
        _________________

             Commission file number          33-19435


                                eVentures Group, Inc.
          (Exact Name of Small Business Issuer as Specified in Its Charter)


                  Delaware                          75-2233445
             (State or Other Jurisdiction of      (I.R.S. Employer
             Incorporation or Organization)        Identification No.)


                     6959 Arapaho, Suite 122, Dallas, Texas  75248
                      (Address of Principal Executive Offices)

                               (972) 386-8907
              (Issuer's Telephone Number, Including Area Code)

           Adina, Inc., 2415 Midway Road, Suite 115, Carrollton, Texas  75006
         (Former Name, Former Address and Former Fiscal Year, if Changed Since
                                    Last Report)


             Check whether the issuer: (1) filed  all reports required to  be
        filed by Section 13 or 15(d) of  the Exchange Act during the past  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 past 90 days.
        xYes oNo
                       APPLICABLE ONLY TO ISSUERS INVOLVED IN
                          BANKRUPTCY PROCEEDINGS DURING THE
                                PRECEDING FIVE YEARS

             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.
        oYes oNo

                        APPLICABLE ONLY TO CORPORATE ISSUERS

             State the number of shares outstanding  of each of the  issuer's
        classes of  common  equity,  as of  the  latest  practicable  date:
        10,330,610
        <PAGE>

                                eVentures Group, Inc.

                                      I N D E X


                                                               Page No.

       Part I    FINANCIAL INFORMATION (UNAUDITED):

                 Item 1.   Consolidated Balance
                           Sheets                                  3

                           Consolidated Statements of
                           Operations                              4

                           Consolidated Statements of
                           Cash Flows                              5

                           Notes to Consolidated
                           Financial Statements                    6

                 Items 2.  Management's Discussion
                           and Analysis of Financial
                           Condition and Results of
                           Operations                              6

       Part II   OTHER INFORMATION                                 8






                                          2
       <PAGE>

                                eVentures Group, Inc.

                           PART I:  FINANCIAL INFORMATION

       ITEM 1.   Financial Statements

       <TABLE>
                             CONSOLIDATED BALANCE SHEETS

                                       ASSETS
       <S>                                          <C>          <C>

                                                July 31, 1999  April 30, 1999
                                                 (Unaudited)     (Audited)


       CURRENT ASSETS
          Cash and cash equivalents               $       91     $       91


               Total current assets                       91             91



                        LIABILITIES AND STOCKHOLDERS' EQUITY

                                                July 31, 1999  April 30, 1999
                                                 (Unaudited)     (Audited)


       CURRENT LIABILITIES
          Accounts payable - related parties      $    2,986     $    2,986

            Total current liabilities                  2,986          2,986



       STOCKHOLDERS' EQUITY
          Common stock, $.0.00002 par value, 75,000,000
            shares authorized, 10,330,610 shares outstanding
            at July 31, 1999 and April 30, 1999          207            207

          Additional paid-in capital                   2,907          2,907
          Accumulated deficit                         (6,009)        (6,009)

               Total stockholders' equity             (2,895)        (2,895)


       TOTAL LIABILITITES
       AND STOCKHOLDERS' EQUITY                   $       91     $       91

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



                                          3

       <PAGE>
                                eVentures Group, Inc.
                        CONSOLIDATED STATEMENTS OF OPERATIONS
                                     (UNAUDITED)
       <TABLE>
       <S>                                           <C>           <C>
                                                     Three Months Ended
                                                          July 31,
                                                     1999          1998



       REVENUE                                     $        -  $        -

       COST OF SALES                                        -           -


          GROSS PROFIT (LOSS)                               -           -

       OPERATING EXPENSES:
          General and administrative                        -           -
          Write down of nonmarketable securities            -           -

                                                            -           -


       LOSS FROM OPERATIONS                                 -           -


       NET INCOME (LOSS)                                    -           -

       NET INCOME (LOSS) Per Common Share
          (*less than $0.001 per share)                     *           *


       WEIGHTED AVERAGE OF COMMON
           STOCK OUTSTANDING                       10,330,610    10,330,610

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


                                          4
        <PAGE>

                                eVentures Group, Inc.
                        CONSOLIDATED STATEMENTS OF CASH FLOWS
                                     (UNAUDITED)

       <TABLE>
       <S>                                          <C>           <C>
                                                     Three Months Ended
                                                         July 31,
                                                     1999           1998

       CASH FLOWS FROM OPERATING ACTIVITIES:
          Net income (loss)                       $        -     $       -

       ADJUSTMENTS TO RECONCILE NET GAIN (LOSS) TO
          NET CASH FROM OPERATING ACTIVITIES:
          Depreciation and amortization                    -             -
          Change in assets and liabilities
               Accounts and accrued  receivables           -             -
               Accounts payable and accrued expenses       -             -
                  Net cash used by operating activities    -             -

       CASH FLOW FROM INVESTING ACTIVITIES                 -             -

       CASH FLOW FROM FINANCING ACTIVITIES                 -             -

       NET INCREASE (DECREASE) IN CASH                     -             -

       CASH AT BEGINNING OF PERIOD                        91            91

       CASH AT END OF PERIOD                      $       91     $      91

       SUPPLEMENTAL INFORMATION:
          Cash paid for interest                  $        -     $       -
       </TABLE>
       See accompanying notes to these consolidated financial statements.


                                          5

       <PAGE>
                                eVentures Group, Inc.

                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                     (UNAUDITED)


        ITEM 1.   Financial Statements and Principles of Consolidation


        The accompanying  condensed  consolidated financial  statements  have
        been prepared in accordance with the instruction to Form 10-QSB,  and
        do not  include all  of the  information  and footnotes  required  by
        generally  accepted  accounting  principles  for  complete  financial
        statements.

        In the opinion of management,  all adjustments (consisting of  normal
        recurring adjustments) considered necessary  for a fair  presentation
        have been included.  These statements  should be read in  conjunction
        with the audited financial statements  and notes thereto included  in
        the Registrant's annual Form 10-KSB filing  for the year ended  April
        30, 1999.

        ITEM 2.   Management Discussion and  Analysis of Financial  Condition
                  and Results of Operations

        Registrant was incorporated in Delaware on June 24, 1987, as a wholly
        owned subsidiary of Forme Capital, Inc.  and on December 9, 1987  all
        Registrant's  then   issued   shares  were   distributed   to   Forme
        stockholders.  Registrant has no  operations or substantial assets.
        Registrant's expenses to date have consisted of fees relating to  its
        requirements for record  keeping and public  filings.  Registrant  is
        seeking a business combination, merger or acquisition.

        Liquidity and Capital Resources

        During the period under review the  Registrant had not conducted  any
        business operations.  Registrant is a development-stage company.  The
        Registrant's cash resources and liquidity are extremely limited.  The
        Registrant has no assets to use as collateral to allow the Registrant
        to borrow, and there  is no available  external funding source  other
        than Forme which  has agreed  to provide  up to  $9,200 for  expenses
        connected with the attempt to find  a business combination partner.
        If  no  combination  partner  can  be  found  within  twelve  months,
        Registrant  will   experience  severe   cash  flow   difficulties.
        Registrant's principal  needs  for  capital are  for  Securities  and
        Exchange   Commission   reporting   requirements,   bookkeeping   and
        professional fees.



                                          6

        <PAGE>

        Year 2000 Readiness Disclosure

        The Company is aware  of the issues  associated with the  programming
        code in existing computer systems as  the year 2000 approaches.   The
        issue is  whether  computer  systems will  properly  recognize  date-
        sensitive information when  the year changes  to 2000.   The  Company
        presently believes that the Year 2000 issue will not pose significant
        operational problems for the Company's computer systems.  The Company
        also believes  that the  Year 2000  issue will  not have  a  material
        adverse effect on  the Company's  financial condition  or results  of
        operations.









                                          7

        <PAGE>

        PART II - OTHER INFORMATION

        Item 5.Exhibits and Reports on Form 8-K.

               (a) Exhibits:
                   3(1)Articles of Incorporation:    Incorporated by reference
                                                     to Registration Statement
                                                     filed on Form 10, June 23,
                                                     1976.

                   3(2)Bylaws:                       Incorporated by
                                                     reference as
                                                     immediately above.

                   (10)1991 Incentive Stock Option Plan:  Incorporated by
                                                          reference to
                                                          proxy statement for
                                                          1991.

               Reports on Form 8-K:                  Report dated August 24,
                                                     1999
                                                     reporting Item 5.


                                     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 thereto duly authorized.

                                                     eVentures Group, Inc.
                                                     (Registrant)



                                                By:/s/ Daniel Wettreich
                                                   Daniel Wettreich, President


        Date:  September 3, 1999


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