SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


[X]   Quarterly  Report Under Section 13 or 15(d) of the Securities Exchange Act
      of  1934.

      For  the  quarterly  period  ended:  June  30,  2004

[  ]  Transition  Report  Under  Section  13  or  15(d)  of  the  Exchange  Act.


                         Commission File Number: 0-49880


                              DCM ENTERPRISES, INC.
        (Exact name of small business issuer as specified in its charter)


              Delaware                                       95-4643533
    (State or other jurisdiction                           (IRS Employer
          of incorporation)                              Identification No.)


             7473 West Lake Mead Road                           89128
       (Address of principal executive offices)               (Zip Code)


       Registrant's telephone number, including area code: (800)-921-9881


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 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.
[X]  Yes  [  ]  No

State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of  the  last  practicable date: As of July 31, 2004 the Issuer had
issued  and  outstanding  6,180,965  shares  of  common  stock.


Transitional  Small  Business  Disclosure  Format  (check  one): Yes [ ] No  [X]


<PAGE>

<TABLE>
<CAPTION>
                           TABLE OF CONTENTS

                                                             Page No.
<S>                                                          <C>
PART I - FINANCIAL INFORMATION. . . . . . . . . . . . . . .         3

Item 1.  Financial Statements . . . . . . . . . . . . . . .         3

Balance Sheets. . . . . . . . . . . . . . . . . . . . . . .         3

Statements of Operations. . . . . . . . . . . . . . . . . .         4

Statements of Stockholders' Equity. . . . . . . . . . . . .         5

Statements of Cash Flows. . . . . . . . . . . . . . . . . .         6

Notes to Financial Statements . . . . . . . . . . . . . . .         7

Item 2.  Management's Discussion And
     Plan Of Operations . . . . . . . . . . . . . . . . . .         9

Item 3.  Controls and Procedures. . . . . . . . . . . . . .        10


PART II - OTHER INFORMATION . . . . . . . . . . . . . . . .        10

Item 1.  Legal Proceedings. . . . . . . . . . . . . . . . .        10

Item 2.  Changes in Securities. . . . . . . . . . . . . . .        10

Item 3.  Defaults Upon Senior Securities. . . . . . . . . .        10

Item 4.  Submission of Matters to a Vote of Security Holders       11

Item 5.  Other Information. . . . . . . . . . . . . . . . .        11

Item 6.  Exhibits & Reports on Form 8-K . . . . . . . . . .        11

SIGNATURES. . . . . . . . . . . . . . . . . . . . . . . . .        12
</TABLE>


                                        2
<PAGE>

PART  I  -  FINANCIAL  INFORMATION

Item  1.     FINANCIAL  STATEMENTS

<TABLE>
<CAPTION>
                        DCM ENTERPRISES, INC.
                            BALANCE SHEET
                            JUNE 30, 2004
                            (UNAUDITED)
<S>                                                     <C>
Cash                                                    $      512
Due from Internet Business's International, Inc., net      110,486
Loan to stockholder                                          1,560
Other receivable                                           126,846
                                                        -----------
  Total current assets                                     239,404

                                                                --


Investment in land                                         150,000
Deposits                                                    65,060
                                                        -----------

                                                        $  454,464
                                                        ===========



                                                        $      580
                                                        -----------
  Total current liabilities                                    580
                                                        -----------

                                                               580

                                                                --


Preferred stock; $0.001 par value; 1,000,000 shares
  authorized, no shares issued and outstanding                  --
Common stock; $0.001 par value; 200,000,000 shares
   authorized, 6,180,965 shares issued and outstanding       6,180
Additional paid-in capital                               1,168,888
Accumulated deficit                                       (721,184)
                                                        -----------
  Total stockholders' equity                               453,884
                                                        -----------

                                                        $  454,464
                                                        ===========
</TABLE>

See  Accompanying  Notes  to  Consolidated  Financial  Statements


                                        3
<PAGE>

<TABLE>
<CAPTION>

                              DCM ENTERPRISES, INC.
                            STATEMENT OF OPERATIONS
                                  (UNAUDITED)

                                       Three Months Ended June 30, Six Months Ended June 30,
                                       --------------------------- -------------------------
                                            2004         2003         2004         2003
                                         -----------  -----------  -----------  -----------
<S>                                      <C>          <C>          <C>          <C>
Revenues                                 $       --   $       --   $       --   $       --

Cost of revenues                                 --           --           --           --
                                         -----------  -----------  -----------  -----------

  Gross profit                                   --           --           --           --

Depreciation                             $        -   $    2,550   $        -   $    5,100
General and administrative expenses           4,108           12       72,096           12
                                         -----------  -----------  -----------  -----------

Loss from operations                         (4,108)      (2,562)     (72,096)      (5,112)

Provision for income taxes                       --           --           --           --
                                         -----------  -----------  -----------  -----------

Net loss                                 $   (4,108)  $   (2,562)  $  (72,096)  $   (5,112)
                                         ===========  ===========  ===========  ===========

Basic and diluted loss per common share  $    (0.00)  $    (0.00)  $    (0.01)  $    (0.00)
                                         ===========  ===========  ===========  ===========

Basic and diluted weighted average
  common shares outstanding               6,180,965    6,070,965    6,180,965    6,070,965
                                         ===========  ===========  ===========  ===========
</TABLE>

See  Accompanying  Notes  to  Consolidated  Financial  Statements


                                        4
<PAGE>

<TABLE>
<CAPTION>
                                                  DCM ENTERPRISES, INC.
                                            STATEMENT OF STOCKHOLDERS' EQUITY
                                                      (UNAUDITED)

                                                                                         Total
                                        Preferred Stock      Common Stock
                                        ----------------  ------------------     Additional     Accumulated  Stockholders'
                                        Shares   Amount    Shares    Amount   Paid-in Capital    Deficit        Equity
                                        -------  -------  ---------  -------  ----------------  -----------  -------------
<S>                                     <C>      <C>      <C>        <C>      <C>               <C>         <C>
Balance, December 31, 2003                   --       --  6,070,965  $ 6,071         1,167,897    (649,088)       524,880

Issuance of common stock for services,
  $0.01 per share                                           110,000      109               991          --          1,100

Net loss                                     --       --         --       --                --     (72,096)       (72,096)
                                        -------  -------  ---------  -------  ----------------  -----------  -------------
Balance, June 30, 2004                       --  $     -  6,180,965  $ 6,180  $      1,168,888  $ (721,184)  $    453,884
                                        =======  =======  =========  =======  ================  ===========  =============
</TABLE>

See  Accompanying  Notes  to  Consolidated  Financial  Statements


                                        5
<PAGE>

<TABLE>
<CAPTION>
                                                    DCM ENTERPRISES, INC.
                                                  STATEMENT OF CASH FLOWS
                                                        (UNAUDITED)

                                                                          For the six months ended    For the six months ended
                                                                               June 30, 2004               June 30, 2003
                                                                         --------------------------  -------------------------
<S>                                                                      <C>                         <C>
Cash flows from operating activities:
  Net loss                                                               $                 (72,096)  $                  (5,112)
  Adjustments to reconcile net loss to net
   cash provided by operating activities:
    Depreciation and amortization                                                               --                       5,100
    Stock based compensation                                                                 1,100                          --
    Bad debt expense related to Internet Business's International, Inc.                         --                          --
  Changes in operating assets and liabilities:                                                  --
    Change in due from Internet Business's International, Inc.                              84,042                          --
    Change in equipment held for sale                                                     (140,940)
    Change in stockholder loans                                                              1,560
    Change in other receivable                                                             126,846
                                                                         --------------------------  -------------------------
      Net cash provided by operating activities                                                512                         (12)
                                                                         --------------------------  -------------------------

Cash flows from financing activities:
  Proceeds from issuance of preferred stock                                                                                 12
  Paid in capital
  Principal payments on notes payable-related parties
  Proceeds from convertible note payable
                                                                         --------------------------  -------------------------
      Net cash provided by financing activities                                                 --                          12
                                                                         --------------------------  -------------------------

Net increase (decrease) in cash                                                                512                          --

Cash, beginning of period                                                                       --                          --
                                                                         --------------------------  -------------------------

Cash, end of period                                                      $                     512   $                      --
                                                                         ==========================  =========================

Schedule of non-cash financing and investing activities:
  Acquistion of land through reduction of due from
    Internet Business's Internatioanl, Inc.                              $                 150,000   $                      --
                                                                         ==========================  =========================
  Increase in deposits through reduction of due from
    Internet Business's Internatioanl, Inc.                              $                  65,060   $                      --
                                                                         ==========================  =========================
</TABLE>

           See Accompanying Notes to Consolidated Financial Statements


                                        6
<PAGE>

                              DCM ENTERPRISES, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

1.     BASIS  OF  PRESENTATION

The accompanying unaudited financial statements have been prepared in accordance
with  Securities  and  Exchange  Commission  requirements  for interim financial
statements.  Therefore, they do not include all of the information and footnotes
required  by  accounting  principles generally accepted in the United States for
complete  financial  statements.  The  financial  statements  should  be read in
conjunction  with  the  Form 10-KSB for the year ended December 31, 2003  of DCM
Enterprises,  Inc.  (the  "Company").

The  interim  financial  statements  present  the  balance  sheet, statements of
operations,  stockholders'  equity  and  cash flows of DCM Enterprises, Inc. The
financial statements have been prepared in accordance with accounting principles
generally  accepted  in  the  United  States.

The  interim  financial  information is unaudited. In the opinion of management,
all  adjustments  necessary  to present fairly the financial position as of June
30,  2004  and  the  results  of operations, stockholders' equity and cash flows
presented herein have been included in the financial statements. Interim results
are  not  necessarily  indicative  of  results  of operations for the full year.

The preparation of financial statements in conformity with accounting principles
generally  accepted  in  the United States requires management to make estimates
and  assumptions  that affect the reported amounts of assets and liabilities and
disclosure  of  contingent  assets  and liabilities at the date of the financial
statements  and  the  reported  amounts  of  revenues  and  expenses  during the
reporting  period.  Actual  results  could  differ  from  those  estimates.

History - DCM Enterprises, Inc. ( referred to as the "Company") was incorporated
-------
in  Nevada  on  September  30,  1996.

In June 2002, DCM Enterprises, Inc. the Company entered into  an  asset purchase
agreement  with  Internet  Business  International,  Inc., a Nevada  Corporation
("IBII")  for  the  purchase  of assets consisting of equipment, inventory,  and
proprietary  information  used  in  the  sale  of  sunglasses  (hereinafter
referred  to  as  "Ace  Optics")  The  purchase  price  consisted  of  2,000,000
restricted  shares  of  the Company's common stock valued at $1,000,000 or $0.50
per  share.  However, due to a disagreement with  the Company's  former  officer
and  director, the Company was unable to take control of Ace Optics.  Therefore,
the  transaction  was  rescinded.  On  August 22,  2003,  the Company  and  IBII
entered  into  an  agreement  to  compensate  DCM  for  the rescinded Ace Optics
agreement.  Pursuant  to  the  Compensation  Agreement,  IBII  has  agreed  to
compensate the Company approximately $768,000 in either cash, stock, or in other
assets  mutually  agreed  upon  since  the  Company  has  received approximately
$141,000 in equipment, $269,000 in cash, $150,000 in land and $65,060 in deposit
related to real property purchase.  The amount owed under this agreement carries
a  5% annual interest rate.  The  entire  amount is owed and due on February 22,
2005.  Albert Reda, the Company's CEO and Director, also serves  as  IBII's CEO,
Secretary,  and  Director.  Matt  Sebal,  the Company's other Director,  has  no
affiliation  with  IBII.


                                        7
<PAGE>

Going  concern  -  The accompanying financial statements have been prepared on a
--------------
going  concern  basis,  which  contemplates  the  realization  of assets and the
satisfaction  of  liabilities  in the normal course of business. The Company has
incurred  cumulative  net  losses of  approximately $720,000 since its inception
and  requires capital for its contemplated operational activities to take place.
The  company's  ability to raise additional capital through the future issuances
of  the  common  stock  is unknown.  The obtainment of additional financing, the
successful development of the Company's contemplated plan of operations, and its
transition, ultimately, to the attainment of profitable operations are necessary
for  the  Company  to  continue operations.  The ability to successfully resolve
these factors raise substantial doubt about the Company's ability to continue as
a  going  concern.  The  consolidated financial statements of the Company do not
include any adjustments that may result from the outcome of these aforementioned
uncertainties.

2.     SIGNIFICANT  ACCOUNTING  POILICIES
       ----------------------------------

Use  of  estimates  -  The  preparation  of consolidated financial statements in
------------------
conformity  with  accounting  principles generally accepted in the United States
requires  management  to make estimates and assumptions that affect the reported
amounts  of  assets  and  liabilities  and  disclosure  of contingent assets and
liabilities  at  the  date  of  the  consolidated  financial  statements and the
reported  amounts  of  revenue  and expenses during the reporting period. Actual
results  could  differ  from  those  estimates.

Revenue  recognition  -  Revenues  are recognized during the period in which the
--------------------
revenues  are  received.  Costs and expenses are recognized during the period in
which  they  are  incurred.

3.     DUE  FROM  INTERNET  BUSINESS'S  INTERNATIONAL,  INC.
       -----------------------------------------------------

During  2003,  the  Company  entered  into an agreement with Internet Business's
International,  Inc.  regarding  the purchase of Ace Optics but was subsequently
rescinded  due  to  disagreements  with  the  Company's  former  officer  and
director,  and the Company's inability to take control of Ace Optics.  The value
of  this  transaction  totaled  $1,000,000  based upon the issuance of 2,000,000
shares  of the Company's common stock.  The 2,000,000 shares of common stock was
issued  to  IBII  but  since  the  transaction  involving  Ace Optics did not go
through,  the  Company  alternatively  requested to have either its common stock
returned  or  be  given  assets  equivalent to the value of such shares.  During
2003,  the  Company  received  approximately  $91,000  in  cash  and $141,000 in
equipment  During 2004, the Company received land valued  at $150,000 and rights
to  purchase real property to which IBII had placed a deposit valued at $65,060.
Accordingly,  the Company has approximately $110,000 receivable due from IBII as
of  June 30, 2004.  Albert Reda, the Company's CEO and Director, also serves  as
IBII's  CEO, Secretary, and Director.  Matt Sebal, the Company's other Director,
has  no  affiliation  with  IBII.

4.     DUE  FROM  RELATED  PARTY.
       --------------------------

As  of June 30, 2004, loan to stockholder totaling $1,560 consists of  loan to a
stockholder  of  the  company  which  is unsecured, bears no interest and due on
demand.

5.     INVESTMENT  IN  LAND
       --------------------

In January of 2004, the Company entered into an agreement to purchase .675 acres
of  vacant land in San Bernardino County, California.  The Company purchased the
land with 150,000 shares of its common  stock received from IBII pursuant to the
Ace Optics transaction.  Accordingly, these shares are not new issuances rather,


                                        8
<PAGE>

shares  returned  by  IBII  from  the  original  2,000,000 shares issued to them
related  to the Ace Optics transaction.   The value of the land totaled $150,000
to  which  the  Company  reduced the due from Internet Business's International,
Inc.  during  the  six  months  ended  June  30,  2004.

6.     EQUIPMENT  SOLD
       ---------------

During 2003, the Company received approximately $141,000 of equipment from IBII.
The  Company's  original  intentions  were  to  use  the equipment to commence a
manufacturing  operation  however,  due  to  a  change in business direction the
Company  has decided to sell the equipment.  In March 2004, the Company had sold
the  equipment  for  a  total  of  $140,940  (less selling expenses of $14,094).


ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION
----------------------------
This  report  contains  forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Actual results and events could differ materially from those projected,
anticipated,  or  implicit, in the forward-looking statements as a result of the
risk factors set forth below and elsewhere in this report. With the exception of
historical  matters, the matters discussed herein are forward looking statements
that  involve  risks  and uncertainties. Forward-looking statements include, but
are  not  limited  to,  the  date of introduction or completion of our products,
projections  concerning  operations  and available cash flow. Our actual results
could  differ  materially  from  the  results  discussed in such forward-looking
statements.

PLAN  OF  OPERATIONS

The  Company  is  currently  not  in  operations  but  is  actively  considering
candidates for acquisition. We are currently looking for potential opportunities
for  our  business.  We expect to continue to experience additional expenditures
and incur ongoing losses until we are able to acquire and implement the services
and  generate  revenues  and  cash  flows  to satisfy our financial obligations.

We  have  no cash on hand, and may be unable to continue operations for the next
at  least  12  months  if  we  are unable to generate revenues or obtain capital
infusions  by  issuing equity or debt securities in exchange for cash. If we are
unable  to  obtain  capital  through  issuances  of  equity  or debt, Al Reda, a
shareholder  and  Chief Executive Officer of our company, has verbally agreed to
arrange a loan to the Company. We have no formal written agreement with Mr. Reda
for  such  loans,  and  we cannot guarantee that we will be able to enforce this
agreement.  Notwithstanding this, there can be no assurance that we will be able
to  secure  additional  funds  in  the future to stay in business. Our principal
accountants  have expressed substantial doubt about our ability to continue as a
going  concern because we have limited operations and have not commenced planned
principal  operations.

We currently do not own any significant plant or equipment that we would seek to
sell  in  the  near  future.

Our  management  does  not anticipate the need to hire additional full- or part-
time  employees  over  the  next  12  months  until such time we have acquired a
business,  as  the  services  provided  by  our  officers  and  directors appear
sufficient at this time. We believe that our operations are currently on a small
scale  that  is  manageable  by  a  few  individuals.


                                        9
<PAGE>

We  have  not paid for expenses on behalf of any of our directors. Additionally,
we  believe  that  this  fact  shall  not  materially  change.

ITEM  3.  CONTROLS  AND  PROCEDURES

Disclosure  controls  and  procedures are controls and other procedures that are
designed  to  ensure  that  information  required  to  be disclosed by us in the
reports  that  we  file or submit under the Exchange Act is recorded, processed,
summarized and reported, within the time periods specified in the Securities and
Exchange  Commission's  rules  and  forms.  Disclosure  controls  and procedures
include,  without  limitation,  controls  and procedures designed to ensure that
information required to be disclosed by us in the reports that we file under the
Exchange  Act  is  accumulated and communicated to our management, including our
principal  executive  and  financial  officer,  as  appropriate  to allow timely
decisions  regarding  required  disclosure.

Evaluation  of  disclosure,  controls  and  procedures.

Based  on  their  evaluation of the Company's disclosure controls and procedures
(as  defined  in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act
of  1934)  as  of  the  end  of the period covered by this annual report on Form
10-KSB  the  Company's  chief executive officer has concluded that the Company's
disclosure  controls  and  procedures  are  designed  to ensure that information
required  to be disclosed by the Company in the reports that it files or submits
under  the  Exchange  Act is recorded, processed, summarized and reported within
the  time periods specified in the SEC's rules and forms and are operating in an
effective  manner.

Changes  in  internal  controls  over  financial  reporting.

There  were  no  changes  in  the  Company's  internal  controls  over financial
reporting  or  in other factors that have materially affected, or are reasonably
likely  to  materially  affect,  the  Company's  internal control over financial
reporting.


                           PART II - OTHER INFORMATION


ITEM  1.  LEGAL  PROCEEDINGS

None.

ITEM  2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

In  May  2004, the Company issued 110,000 shares of its common stock in exchange
for  consulting  services  valued  at $1,100 ($0.01 per share) to an individual.

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES

None.


                                       10
<PAGE>

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

None

ITEM  5.  OTHER  INFORMATION

None

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8K

(a)  Exhibits

2.1      Compensation  Agreement  with  IBII  (August  22,  2003)  (1)

2.2      Asset  Purchase  Agreement  Between  CRT  and  IBII(2)

10.1     Bill  of  Sale  (August  29,  2003)  (1)

31.1     302  Certification  of  CEO/CFO

32.1     906  Certification  of  CEO/CFO
-----------------------------
(1)     Incorporated  by  reference  from  the  Company's Interim Report on Form
8-K/A  filed  on  March  23,  2004.

(2)     Incorporated  by reference from the Company's Interim Report on Form 8-K
filed  on  June  24,  2002  filed  as  Exhibit  16.1.


(b)  Reports  on  Form  8-K

None.


                                       11
<PAGE>

                                   SIGNATURES

     In  accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                                   DCM  ENTERPRISES,  INC.

Date:  August  20,  2004                           By:  /s/  Albert  Reda
                                                        Albert  Reda
                                                        Chief Executive Officer/
                                                        Chief Financial Officer


                                       12
<PAGE>