SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 FORM 10-QSB

(Mark One)

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

                For the quarterly period ended November 30, 2000

                                       OR

[  ] TRANSITION REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934

          From the transition period from ___________ to ____________.

                         Commission File Number 0-21955


                                 M&A WEST, INC.
         ----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

          Colorado                                      84-1356427
--------------------------------               ---------------------------------
(State or other jurisdiction of                (IRS Employer Identification No.)
 incorporation or organization)


                       1519 Edgewood, Liberty, Texas 77575
                    ---------------------------------------
                    (Address of principal executive offices)

                                 (936) 336-6700
                            -------------------------
                           (Issuer's telephone number)

                                       N/A
               --------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

     Indicate  by check  mark  whether  the  registrant  (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 the past
90 days:

                                   Yes X  No
                                      ---   ---

         Class                    Shares Outstanding                  Date
        -------                  --------------------                -------
  Common, no par value                11,122,758                January 25, 2001


<PAGE>
                                 M&A WEST, INC.
                                   FORM 10-QSB

                                      INDEX

                                                                          Page
                                                                         Number
                                                                        --------
PART I - FINANCIAL INFORMATION

  Item 1.Financial Statements

       Condensed Balance Sheets - November 30, 2000 and May 31, 2000....   1

       Condensed Statements of Operations - For the three months
        ended November 30, 2000 and 1999................................   2

       Condensed Statements of Cash Flows - For the three months ended
        November 30, 2000 and 1999......................................   3

       Notes to Condensed Financial Statements..........................   4

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

PART II - OTHER INFORMATION.............................................   8

SIGNATURES..............................................................   8

<PAGE>
PART I. FINANCIAL INFORMATION

     Item 1. Financial Statements

                                 M & A WEST,INC.
                                  Balance Sheet
                                November 30, 2000


                                                               November 30,
    ASSETS                                                        2000
                                                               ------------
Current Assets
    Cash and equivalents                                   $     350,473
    Accounts receivable-clients                                   48,574
    Marketable securities held for trading                       627,665
    Marketable securities available for sale                   2,421,750
    Employee advances                                             36,218
    Prepaid taxes                                                    400
    Loans Receivable                                             158,754
                                                              -----------

         Total current assets                                  3,643,834
                                                                       -
                                                              -----------

Other Assets
    Deferred income tax asset
    Intangible assets other than goodwill,net of amortization          -
    Property and equipment,net of depreciation                    62,516
    Equity Investments                                           653,451

    Goodwill, net of amortization                                      -
                                                              -----------
              Total Assets                               $     4,359,801
                                                              ===========

    LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
    Accounts payable and accrued liabilities             $       163,957
    Income taxes payable                                       1,118,613
    Deferred income taxes                                        237,730
    Deferred revenue                                             979,167
    Line of Credit Payable                                       500,000

    Loan Payable                                         $     1,674,930
                                                              ----------

    Total current liabilities                                  4,674,397


Stockholders' Equity

    Common stock,no par value,100,000,000 shares
    authorized 11,122,758 issued and outstanding               4,870,298
    Preferred stock, no par value, 10,000,000 shares
     authorized, no shares issued and outstanding
    Retained earnings                                         (5,541,490)

    Accumulated other comprehensive income                       356,596
                                                              ----------


     Total equity                                               (314,596)
                                                              ----------


     Total Liabilities and Equity                       $      4,359,801
                                                              ==========

                                       1

<PAGE>
                                 M & A WEST,INC.
                Statement of Operations and Comprehensive Income
              For the three months ended November 30, 2000 and 1999
<TABLE>


                                                        November 30, 2000      November 30, 1999
                                                       -------------------    -------------------
<S>                                                   <C>                     <C>

Revenue
        Consulting Revenue                             $             -            $ 2,202,359
                                                                     -

        Internet Service Provider Income                       242,862
                                                                     -
                                                       ----------------         --------------

          Total revenue                                        242,862              2,202,359

Cost of Sales-Internet Service Provider                        131,910                      0
                                                       ----------------         --------------

Gross Profit                                                   110,952              2,202,359


Selling,General and Administrative Expenses
            Advertising                                         53,484                 86,803
            Employee Business Expenses                          11,556                 31,433
            Consultants                                         26,706                  7,672
            Payroll                                            315,161                 91,244
            Other selling,general and administrative expenses  458,761                160,545
                                                       ----------------         --------------

          Total selling,general and administrative expenses    865,668                377,697

          Income from operations                              (754,716)             1,824,662

Other income (expense)
            Trading gains (losses)                                   -                (33,966)
            Interest income                                        357                    353
            Unrealized gains and losses                     (5,316,545)                     -
            Equity in loss of unconsolidated subsidiary       (109,724)              (102,478)
            Loss on sale of equipment                          (38,155)                     -
                                                       ----------------         --------------
          Total other income (expense)                      (5,464,067)              (136,091)
                                                       ----------------         --------------

            Net income before taxes                         (6,218,783)             1,688,571

          Income tax expense                                         -               (675,000)
                                                       ----------------         --------------

            Net income (loss)                               (6,218,783)             1,013,571
            Other comprehensive income
          Unrealized gains (losses) on available-for-sale
           securities
            net of tax of $0                                (8,697,000)           $ 1,119,542
                                                       ----------------         --------------
              Comprehensive income (loss)                  (14,915,783)             2,133,113
                                                       ================         ==============

Retained earnings
              Balance, beginning of period                     677,293              1,973,721

              Balance, end of period                      $ (5,541,490)             2,987,292
                                                       ================         ==============

             Net income per share                         $      (0.56)             $    0.09

             Net comprehensive income per share           $      (0.78)             $    0.10

                                                                                --------------
             Numer of shares outstanding                    11,122,758             11,000,000
                                                       ================         ==============
</TABLE>

                                       2
<PAGE>

 M & A WEST,INC.

                             Statement of Cash Flows
            For the six month period ended November 30, 2000 and 1999
<TABLE>

CASH FLOWS FROM OPERATIONS                                          2000                1999
                                                                  --------            --------
<S>                                                        <C>                       <C>

Net income (loss)                                         $     (6,684,794)          2,795,828
Adjustments to reconcile net income to net cash flows
provided by (used in ) operating activities:
       Unrealized (gain) loss on investments                     4,767,159          (3,694,309)
       Trading gains                                                (3,530)            173,292
       Equity in loss of unconsolidated subsidiaries               193,392             139,848
       Depreciation and amortization                               285,168                   -
       Deferred income taxes                                     2,145,831
       Accounts receivable                                         (52,761)
(Increase) decrease in operating assets:                                                     -
       Other  current assets                                        22,584                   -
Increase (decrease) in operating liabilities:                                                -
       Accounts payable and accrued expenses                       159,423              45,707
       Income taxes payable                                     (1,875,313)            442,536
       Line of Credit Payable                                      250,000                   -
                                                            ---------------
      Deferred revenue                                                               1,078,844
                                                                                ---------------
Net cash provided by (used in) operating activities               (792,841)            981,746
                                                            ---------------     ---------------

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from loan                                               $ 219,688
Proceeds from investment sales                                      12,930
Purchase of equipment                                                    -             (24,640)
Purchase of investments                                           (240,850)         (1,755,958)
                                                            ---------------     ---------------

       Net cash used by investing activities                        (8,232)         (1,780,598)
                                                            ---------------


CASH FLOWS FROM FINANCING ACTIVITIES
Purchase of Treasury Stock                                               -
Issuance of stock for cash                                                                   -
                                                            ---------------     ---------------
       Net cash provided by financing activities                         -                   -

       Net decrease in cash and equivalents                       (801,073)           (798,852)

Cash and cash equivalents, beginning of period                   1,151,546           1,141,813

Cash and cash equivalents, end of period                    $      350,473     $       342,961
                                                            ===============     ===============
</TABLE>

                                       3
<PAGE>

                                M & A West, Inc.
                          NOTES TO FINANCIAL STATEMENTS
                                November 30, 2000


Note 1:Presentation

     The  balance  sheet of the  Company as of November  30,  2000,  the related
statements  of operations  and cash flows for the six months ended  November 30,
2000 and 1999 and the three months ended  November 30, 2000 and 1999 included in
the financial statements have been prepared by the Company without audit. In the
opinion  of  management,  the  accompanying  financial  statements  include  all
adjustments (consisting of normal, recurring adjustments) necessary to summarize
fairly the Company's  financial position and results of operations.  The results
of  operations  for the six months ended  November 30, 2000 are not  necessarily
indicative of the results of  operations  for the full year or any other interim
period. The information included in this Form 10-Q should be read in conjunction
with  Management's  Discussion  and Analysis and Financial  Statements and notes
thereto included in the M&A West, Inc. May 31, 2000 10-K.

 Note 2: Branches

     The Company has closed its offices in Tinton  Falls,  New Jersey,  Atlanta,
Georgia and  Willamsport,  Pennsylvania.  The effect of these branch  offices is
recorded in the attached  financial  report.  The  Company's  main office in San
Bruno was open as of the date of these financial statements.

Note 3: Unrealized Gains and losses

     The  Company's  reported  unrealized  gains  and  losses  of $  (5,316,545)
consists of the following:

Name                                    % Ownership        Write-down

VirtualGrocery                              100%            $ 100,000
EcapX                                       2.5%              250,000
SierraNet,InvestorPackages,
Market Awareness Consultant                 100%            3,330,860
Packeteer                                     1%              956,980
Other trading securities                      1%              129,319

 Total unrealized losses at November 30, 2000             $ 4,767,159

                                       4
<PAGE>


Note 4: Other Comprehensive Income

     The  Company's  available  for sale  securities  include its  ownership  in
Virtuallender.com  and Digital Bridge.  Due to the decline in market conditions,
these values have decreased substantially.



       Value at May 30,2000*                       $ 22,078,125

        November 30, 2000                          $  2,421,750

        Total write-down                           $ 19,656,375


     *does not include Packeteer at $903,717.


Note 5:Loans Payable

     The Company has five loans  outstanding  at November  30,  2000.  The total
amount of the loans is $ 1,575,000.  All notes include  interest at a rate of 9%
and are for a period of one  year.  Accrued  interest  expense  of $ 35,843  was
reported for the period ended  November 30, 20000,  $30,938 for the period ended
August 31, 2000 and $ 33,149 for the period ended May 31, 2000. These loans have
not been paid at this time and total $1,674,930 including interest.

Note 6: Contingencies

     Certain conditions may exist as of the date of the financial statements are
issued,  which  may  result  in a loss to the  Company  but  which  will only be
resolved when one or more future events occur or fail to occur.

     In April 1999,  the Company  entered into an agreement for the private sale
of the Company's  common stock for  $2,000,000.  These shares were never issued,
nor included in the earnings per share calculation. The purchaser has disclaimed
this purchase. The Company is currently trying to resolve this issue and has not
included the shares in its earnings per share calculation.

                                       5
<PAGE>

                      MANAGEMENT'S DISCUSSION AND ANALYSIS

This report contains  forward looking  statements  within the meaning of Section
27A of the  Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934,  as amended.  The  Company's  actual  results could differ
materially from those set forth on the forward looking statements as a result of
the risks set forth in the Company's  filings with the  Securities  and Exchange
Commission,  general economic conditions, and changes in the assumptions used in
making such forward looking statements.

M&A West,  Inc.  (the  "Company")  is  engaged  in  providing  public  relations
consulting  services  primarily to public companies and in the trading of equity
securities of Internet companies for its own account.  In addition,  the Company
invests in start up  Internet  companies  and  assists in their  operations  and
development.

THREE MONTHS AND SIX MONTHS ENDED NOVEMBER 30, 2000 COMPARED TO THREE MONTHS AND
SIX MONTHS ENDED NOVEMBER, 1999

Net  revenues  for the  three  months  ended  November  30,  2000  decreased  by
$1,959,497 or 89% to $ 242,862 from $2,202,359 for the  corresponding  period of
the prior year due to the Company's lack of providing any  consulting  services.
Internet service provider revenues of $ 242,862 are included above and represent
revenues of  SierraNet.  For the six months  ended  November  30, 2000  revenues
decreased  $5,166,349  or 91% to $ 494,621  from $ 5,660,970.  Internet  service
provider income of $ 493,160 is included and represents revenues of SierraNet.

Selling, general and administrative expenses for the three months ended November
30,  2000  increased  by  $487,971 or 129% to  $865,668  from  $377,697  for the
corresponding  period of the prior  year.  The  increase is  attributable  to an
increase  in  employment  and payroll  expenses  of $223,917  and an increase of
$298,216 in general and  administrative  expenses which represent an increase in
depreciation and amortization of $142,584.  Selling,  general and administrative
expenses  will  decrease as the  Company has closed its New Jersey,  Georgia and
Pennsylvania  offices.  Amortization  of goodwill and assets other than goodwill
will reflect a full period.  For the six month period  ending  November 30, 2000
selling,  general  and  administrative  expenses  increased  $985,984  or110% to
$1,881,861  from $ 895,877 for the  corresponding  period of the prior year. The
increase is  attributable  to an increase in employment and payroll  expenses of
$449,078,and an increase of $671,088 in general and administrative expense which
includes  depreciation and amortization of $285,168 and accrued interest expense
of $55,531.

Interest  income for the three months ended November 30, 2000 increased by $4 to
$357 from $353 for the  corresponding  period of the prior year.  This  increase
resulted  from a lack of activity in the  Company's  brokerage  account.  Equity
losses  of  affiliates   resulted  from  the  Company's   ownership  in  certain
investments  that are  accounted for under the equity  method.  Under the equity
method of  accounting,  the Company's  proportionate  share of each  affiliate's
operating  losses and  amortization of the Company's net excess  investment over
its equity in each  affiliate's  net assets is  included in equity and losses of
affiliates.  Equity in losses of affiliates  for the three months ended November
30, 2000 totaled $ 109,724 from the Company's ownership in Shakai Racing,  Inc.,
Ronlan  Entertainment,  Inc.  and  Venturelist.com,  Inc.  which  represents  an
increase of $7,246 or 7% to $109,724 from $102,478 for the corresponding  period
of the prior year.  The Company  expects its  portfolio  companies  to invest in
development of their products and services,  and to recognize  operating losses,
which will result in future  charges  against the Company's  earnings.  Interest
income for the six months ended  November 30, 2000  increased  $972 or 109% to $
1,867 from $ 895 for the corresponding period of the prior year. The increase is
attributable  to higher  cash  balances  in the first  part of the year.  Equity
losses of  affiliates  for the six months  ended  November  30,  2000  increased
$80,565 or 58% to $ 220,413 from $ 139,848.

For the three months ended  November 30, 2000 Trading gains  (losses)  increased
$33,966 to $0 from  $(33,966)  due to the  decline  in market  conditions
associated  with the Company's stock portfolio and that the Company chose not to
sell any of its portfolio. Unrealized gains and losses of $(5,316,545) represent
the  write-down  to market value of the Company's  stock  ownership in Packeteer
(formerly Workfire Technologies), SierraNet, InvestorPackages,  Market Awareness
Consultants and other portfolio companies. For the six months ended November 30,
2000 trading  gains and losses  increased  $144,134 to a gain of $ 3,530
from a loss of $(140,604). Unrealized gains and losses of $ 4,767,159 represents
the  write-down to market value of Packeteer,  SierraNet,  InvestorPackages  and
Market Awareness Consultants.

                                       6
<PAGE>

Net income before taxes for the three months ended  November 30, 2000  decreased
by  $  7,907,354  to  $(6,218,783)   from  a  profit  of  $  1,688,571  for  the
corresponding  period of the prior year. For the three months ended November 30,
2000 the Company  recorded a tax benefit of $ 2,487,513.  The  provision for the
prior year was $675,000.  For the six months ended November 30, 2000, net income
before taxes  decreased  $11,343,622 to a loss of $ 6,684,794 from a profit of $
4,658,828 for the  corresponding  period of the previous year. The Company's tax
benefit for the six months ended  November 30, 2000 is $2,487,513 as compared to
a provision of $ 1,863,000 for the corresponding period of the prior year.

Other comprehensive  income reflects the unrealized gain or loss, net of tax, on
the  Company's  investment  portfolio.  For the three months ended  November 30,
2000, the Company  reported  losses net of taxes of $ 8,697,000 from  unrealized
loss  on  available  for  sale  securities  held  in  the  Company's  investment
portfolio.  The other comprehensive  income for the corresponding  period of the
prior year showed a gain of $ 1,119,542.  Principally  as a result of this other
comprehensive income, the Company had comprehensive income of $ (12,428,270) for
the three  months ended  November  30, 2000  compared  with  $2,133,113  for the
corresponding  period of the prior year.  For the six months ended  November 30,
2000,  other  comprehensive  income  reflects total losses of $ (19,656,375)  as
compared  to a gain of $  1,119,542  for the  corresponding  period of the prior
year.

Liquidity and Capital Resources

At November 30, 2000 the Company had working capital of $ 497,005 including cash
of $ 350,473. This compares with working capital of $5,631,576 including cash of
$ 342,961 for the corresponding period of the prior year.

This change  resulted  from the decrease in  revenues.  For the six months ended
November 30, 2000 the decrease is to $(792,841)  from cash used in operations of
$ 981,746 for the corresponding period of the prior year.

This  resulted  from lack of  proceeds  from sales of  investments  and  capital
infusion into unconsolidated subsidiaries.  This resulted from a net purchase of
investments  of $ 421,345 and  equipment  of $21,802.  For the six months  ended
November 30, 2000 cash used in investing activities totaled ($8,232) as compared
to ($1,780,598) as the company has not purchased any investments.

The Company is not  generating  sufficient  funds from its operations to finance
its growth for the next twelve months due to its lack of investment activity.

                                OTHER INFORMATION

The Company  recently became aware that monies  originally  recorded as revenues
were incorrectly  stated.  The Company is currently  revising its recent 10K for
the period  ending May 31, 2000 and 10Qfor the period  ending August 31, 2000 to
correct these errors.
                                       7
<PAGE>


PART II - OTHER INFORMATION

Item 6.  EXHIBITS AND REPORTS ON FORM 8-K

     a)   Exhibits

          27.1 Financial Data Schedule

     b)   Reports on Form 8-K

          There were no reports on Form 8-K filed  during the  quarter for which
          this report is filed.



                                   SIGNATURES

     In accordance with the requirements of the Exchange Act, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.



                                                            M&A WEST, INC.


Date: January 25, 2001                                By: /s/ Patrick R. Greene
                                                         -----------------------
                                                         Chief Executive Officer


                                        8