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 February 29, 2000

                                       OR

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

              For 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             (I.R.S. Employer Identification No.)
incorporation or organization)

                583 San Mateo Avenue, San Bruno, California 94066
                -------------------------------------------------
                    (Address of principal executive offices)

                                  650-588-2678
                           ---------------------------
                           (Issuer's telephone number)

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

     Check whether the issuer (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
twelve (12) months (or such shorter  period that the  Registrant was required to
file such reports) and (2) has been subject to such filing  requirements for the
past ninety (90) days. Yes X No

     As of March 31, 2000,  11,000,000 shares of Common Stock of the issuer were
outstanding.
<PAGE>


                                 M&A WEST, INC.
                                   FORM 10-QSB

                                      INDEX
                                                                          Page
                                                                         -------
PART I - FINANCIAL INFORMATION

ITEM 1.  Financial Statements

         Consolidated Balance Sheets as of February 29, 2000 and
         May 31, 1999                                                       3

         Consolidated Statements of Operations for the three months and
         nine months ended February 29, 2000 and 1999                       4

         Consolidated Statements of Cash Flows for the nine months ended
         February 29, 2000 1999                                             5

         Notes to Consolidated Financial Statements                         6

ITEM 2.  Management's Discussion and Analysis or Plan of Operations        11

PART II - OTHER INFORMATION

ITEM 5.  Other Information                                                 14

ITEM 6.  Exhibits and Reports on Form 8-K                                  14

SIGNATURE                                                                  15

<PAGE>
                         PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                                 M&A WEST, INC.
                                  BALANCE SHEET
<TABLE>

                                                        February 29, 2000  February 28, 1999
                                                        -----------------  -----------------
<S>                                                      <C>               <C>

ASSETS
Current Assets
Cash and equivalents                                      $     79,220       $      32,796
Accounts receivable-clients                                  1,000,000              40,000
Marketable securities held for trading                       3,585,989                   -
Investment-at equity                                           553,060
Investment-at cost                                           5,446,680              60,600
Employee advances                                               38,679
Prepaid taxes                                                        -                   -
Note receivable                                              1,200,000                   -
Loans receivable                                                 5,000              24,007
                                                        ---------------    ----------------
Total current assets                                        11,908,628             157,403
Other Assets
Deferred income tax asset                                       12,110              16,341
Property and equipment, net of depreciation                     77,160                   -
Homesmart, restricted securities                                87,825             173,744
                                                        ---------------    ----------------
Total assets                                              $ 12,085,723       $   2,520,041
                                                        ===============    ================
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts Payable                                          $      9,219       $      16,318
Income taxes payable                                         2,726,868
Payroll taxes accrued and payable                               20,691               8,879
Deferred revenue                                               979,167                   -
                                                        ---------------    ----------------
Total current liabilities                                    3,735,945              25,197
Stockholders' Equity
Common stock, no par value, 100,000,000 shares
authorized, 11,000,000 shares issued and outstanding                             2,020,538                      2,500
Treasury stock                                               (338,510)                   -
Retained earnings                                            3,570,059             146,097
Accumulated other comprehensive income                       3,097,691                   -
                                                        ---------------    ----------------
Total equity                                                 8,349,778             148,597
                                                        ---------------    ----------------
Total liabilities and equity                              $ 12,085,723       $     173,794
                                                        ===============    ================
</TABLE>

                 See Notes to Consolidated Financial Statements

                                       3
<PAGE>

                                 M&A WEST, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                            AND COMPREHENSIVE INCOME
<TABLE>


                                                             Three Months Ended                      Nine Months Ended
                                                     -----------------------------------    -------------------------------------
                                                        2-29-00             2-28-99             2-29-00              2-28-99
                                                     ---------------     ---------------    -----------------    ----------------
<S>                                                  <C>                 <C>                <C>                   <C>

Revenue
Consulting Revenue                                      $   483,951         $   211,493           $6,142,300           $ 482,284
Refunds                                                           -                                    2,621
Trading gains (losses)                                     (48,352)               1,501            (188,956)               2,577
                                                     ---------------     ---------------    -----------------    ----------------
Total revenue                                               435,599             212,994            5,955,965             484,861
Expenses:
Selling, general and administrative expenses
                                                            653,907             349,300            1,549,784             668,723
                                                     ---------------     ---------------    -----------------    ----------------
Income from operations                                    (218,308)           (136,306)            4,406,181           (183,862)
Other income
Interest income                                                 156                  40                1,051                  86
Gains, (losses) on sale of securities, net                        -                   -              173,292            (12,179)
Equity in loss of unconsolidated subsidiary
Gain on sale of subsidiary                                  (7,581)                   -            (147,429)                   -
Total other income (loss)                                 1,197,000                   -            1,197,000                   -

                                                     ---------------     ---------------    -----------------    ----------------
Net income before taxes                                     971,267           (136,266)            5,630,095           (195,955)
Income tax expense                                        (388,500)                   -          (2,251,500)                   -
                                                     ---------------     ---------------    -----------------    ----------------
Net income                                                  582,767           (136,266)            3,378,595           (195,955)
Other comprehensive income
Unrealized gains on available-for-sale securities,
net of tax                                                1,978,149                   0            3,097,691                   0
                                                     ---------------     ---------------    -----------------    ----------------
Comprehensive income                                     $2,560,916         $ (136,266)          $ 6,476,286          $(195,955)
                                                     ===============     ===============    =================    ================
Net income per share                                 $         0.23             (54.51)      $          0.59            $(78.38)
                                                     ---------------     ---------------    -----------------    ----------------
Average weighted number of shares outstanding
                                                         11,000,000               2,500           11,000,000               2,500
                                                     ===============     ===============    =================    ================

</TABLE>

                 See Notes to Consolidated Financial Statements

                                       4
<PAGE>

                                 M&A WEST, INC.
                 UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS


                                                 February 29,      February 28,
                                                    2000              1999
                                                ------------     ---------------
CASH FLOWS FROM OPERATING ACTIVITIES             $  166,852       $   (136,266)
                                                ------------     ---------------
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment                               (43,273)           (16,391)
Purchase of investments                          (1,186,172)           186,319
                                                ------------     ---------------
CASH FLOWS FROM FINANCING ACTIVITIES                      -                  -
                                                ------------     ---------------
Net increase in cash and cash equivalents        (1,062,593)            33,662
Cash and cash equivalents, beginning of year      1,141,813               (866)
                                                ------------     ---------------
Cash and cash equivalents, end of year          $    79,220       $     32,796
                                                ============     ===============


                 See Notes to Consolidated Financial Statements

                                       5
<PAGE>
                                 M&A WEST, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                February 29, 2000

1.   Summary of Significant Accounting Policies
     ------------------------------------------

Description of Business

     M&A West, Inc. is engaged in providing  management  consulting  services to
public  companies.  On May 12,  1999,  M&A  West,  Inc.,  a Nevada  Corporation,
underwent a stock  transfer  and  exchange  with  Buffalo  Capital IV,  Ltd.,  a
publicly traded shell company,  in a transaction more fully described in Note 3,
whereby M&A West became a wholly owned  subsidiary  of Buffalo  Capital IV, Ltd.
Immediately after the transaction,  Buffalo Capital IV, Ltd. changed its name to
M&A West, Inc. All references to ("the  Company") in these financial  statements
refer to M&A West, Inc., the Nevada  corporation,  prior to May 12, 1999, and to
the consolidated entity from May 12 forward.

Basis of Accounting

     The accompanying  financial statements of M&A West, Inc. are prepared using
the accrual basis of accounting in which  revenues are  recognized  when earned,
and expenses are recognized when incurred.

Marketable Securities and Investments

     The Company holds investments in marketable equity securities.  Investments
held for trading  purposes are  presented  at market  value,  with  realized and
unrealized gains and losses on the investments recognized in earnings during the
period incurred.  Investments in which the Company has significant influence but
not voting  control are  accounted  for at original  cost,  as adjusted  for the
Company's share of the investee's  gains and losses.  Investments in non-trading
equity  securities are  considered  available for sale, and are accounted for at
cost, which approximates market.

Use of Estimates

     The  preparation  of financial  statements  in  conformity  with  generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that effect the reported  amounts of assets and liabilities and the
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements, as well as the reported amounts of revenues and expenses during each
period presented. Actual results could differ from these estimates.

Property and Equipment

     The Company's property and equipment, consisting of computers and equipment
supporting the  administrative  function,  are stated at cost.  Depreciation  is
provided  using the straight line method over  estimated  useful lives of 5 to 7
years.

                                       6
<PAGE>

Advertising

     Advertising costs are expensed as incurred.

     For purposes of the  statement  of cash flows,  the Company  considers  all
highly  liquid debt  instruments  purchased  with an original  maturity of three
months or less to be cash equivalents.

Loss per share

     Loss per  share has been  calculated  using  the  average  number of shares
outstanding.

2.   Related Party Transactions
     --------------------------

     For the period ended  February 29, 2000 the  Company's  offices were leased
from the Company's Chief Executive Officer on a month-to-month basis for monthly
payments of $ 1,811.  The Company  also  leased  space from its Chief  Financial
Officer on a month-to-month basis for $712 per month.

3.   Stockholders' Equity
     --------------------

Authorized capital

     The Company's capital consists of 100,000,000  authorized common shares, no
par value,  of which  11,000,000  shares were issued and outstanding at February
29, 2000.

Preferred Stock

     The Company is  authorized  to issue up to  10,000,000  shares of Preferred
Stock, with rights and privileges to be determined by the Board of Directors. No
preferred shares were issued and outstanding at November 30,1999.

4.   Income Taxes
     ------------

     The Company has recorded a deferred tax asset for the effects of unrealized
losses on marketable  equity  securities  which are  deductible for tax purposes
only to the extent of realized gains. The Company's  provision for income tax is
calculated using a flat rate of 40%.

5.   Investments
     -----------

Investments at equity

     The Company has a 100%  investment in Shakai  Racing,  Inc. at February 29,
2000 which is  accounted  for using the equity  method,  whereby  the  Company's
investment is increased by gains and  additional  investments,  and decreased by
losses and  distributions.  The following is a summary of the financial position
and operating results of Shakai Racing as of February 29, 2000:

                                       7
<PAGE>

                      Current Assets                         $         809
                      Property and equipment                        58,130
                      Other assets                                       0
                                                            ---------------
                                                                    58,939
                                                            ===============
                      Total liabilities                                  0
                      Total stockholders' equity             $      58,939
                                                            ===============
                      Total revenue                          $         190
                      Net loss                               $       7,581
                                                            ===============

     The Company's  investment in VLDC Technologies,  Inc. was reduced to 16% at
October  25,1999 in a merger  with  University  Mortgage.  This  transaction  is
further  explained in Note 7. The Company's  investment in Digital Bridge,  Inc.
was  reduced  to 17% at  January  28,  2000  in a  merger  with  Black  Stallion
Management. This transaction is further explained in Note 8.

Investments in other equity securities

     The Company has invested in equity  securities  of  companies  for which no
established  trading  market exists at February 29, 2000.  These  securities are
stated at cost that does not exceed the estimated net realizable value.

6.   Fixed Assets
     ------------

     The Company's  property and equipment consists of the following at February
29,2000:


                      Computers                                   $    65,863
                      Office furniture                                 17,414
                                                                --------------
                                                                       83,277
                      less accumulated depreciation                     6,177
                                                                --------------
                                                                  $    77,160
                                                                ==============

7.   Other Comprehensive Income
     --------------------------

     On October 15,1999 a Special Meeting of Stockholders of VLDC  Technologies,
Inc. was held wherein VLDC was  authorized to acquire  substantially  all of the
assets and/or stock of University Mortgage Corp., a Maryland corporation ("UMI")
in a stock exchange  agreement.  The overall effect of this  transaction was the
reduction in  ownership  percentage  of M&A West,  Inc.  from 21% to 16%.  Prior
financial reports reflected  accounting for the Company's interest in VLDC using
the equity  method,  whereby the Company's  investment is increased by gains and
additional  investments,  and  decreased  by  losses  and  distributions.  These
securities  are treated as available  for sale  securities.  As per Statement of
Financial  Standards  Board No. 130,  reporting  Comprehensive  Income (FAS 130)
requires the reporting of comprehensive  income when certain  components  exist.
The ownership  reduction  permits this asset to be reported at fair market value
which is higher than book value.  These  unrealized  gains on available for sale
securities are reflected in the equity section of the balance sheet representing
the cumulative change from historical cost of the investment net of taxes.

                                       8
<PAGE>

     Changes in other comprehensive income are shown below:

                                           Before-Tax     Tax or     Net of Tax
                                             Amount       Benefit      Amount
                                           -----------   ---------   ----------
Unrealized gains on available for sale
securities                                $ 2,769,409   $ 791,260   $1,978,149
                                           ===========   =========   ==========

There are no re-classification or adjustments.

8.   Spin off of Subsidiary
     ----------------------

     In  January  2000,   Digital  Bridge,   Inc.  merged  with  Black  Stallion
Management,  Inc. (a publicly traded company) in a stock for stock  transaction.
After  the  merger,  there  are  approximately   27,000,000  shares  issued  and
outstanding of which the Company holds a 17% interest.  The Company is no longer
reporting  this  investment  under  the  equity  method  but  is  reporting  its
investment at cost.

9.   Sale of Subsidiary
     ------------------

     On February 12, 2000, the Company sold its wholly owned subsidiary, Virtual
Wagering.com,  to a European  company.  The sale price was  $1,200,000.  Payment
terms  called for payment by February  29,  2000,  however,  the monies were not
received  until March 6, 2000.  The Company  recorded a Note  Receivable  on the
Balance Sheet to record the monies due.

     In addition to the sale of Virtual Wagering.  Com, the Company entered into
a consulting  agreement with the European  concern to further develop the portal
site.  The agreement is for $1,000,000  over a two year period.  The Company has
pro rated the  consulting  income to record one half of one month's  income with
corresponding entries to Accounts Receivable and Deferred Revenue.

10.  Branches
     --------

     The  Company  has opened  offices in Tinton  Falls,  New  Jersey,  Atlanta,
Georgia and  Willamsport,  Pennsylvania.  The effect of these branch  offices is
recorded in the attached financial report.

11.  Other Transactions
     ------------------

     The   Company    entered   into   a   stock    purchase    agreement   with
InvestorPackages.com  purchasing  all the  outstanding  stock  of  this  private
company. The purchase price of InvestorPackages.com  was $500,000 payable in the
Company's stock.

                                       9
<PAGE>

12.  Subsequent Event
     ----------------

     On March 3, 2000 the Company  finalized an asset  purchase  agreement  with
SierraNet.com  (a  Nevada  corporation),   an  Internet  Service  Provider.  The
agreement  makes  SierraNet a wholly owned  subsidiary of the Company  servicing
parts of California, Reno and Lake Tahoe.

                                       10
<PAGE>

ITEM 2. 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 a 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  Ended March 31, 1997  Compared to the Three Months Ended March 31,
1996.

     Net  revenues for the three  months  ended  February 29, 2000  increased by
$222,605 or 204% to $435,599 from $212,994 for the  corresponding  period of the
prior year.  The net  increase  reflects  an increase of $272,458 in  consulting
income which was partially offset by a decrease of $49,853 in trading gains.

     Selling,  general and  administrative  expenses  for the three months ended
February 29, 2000  increased by $304,607 or 187% to $653, 907 from $349, 300 for
the  corresponding  period of the prior year. The increase is attributable to an
increase in advertising expenses of $129,531, employment and payroll expenses of
$146,110  and an increase of  $144,694  in general and  administrative  expenses
which were  partially  offset by a decrease of  $115,728  in outside  consulting
expenses.  Selling general and administrative  expenses will continue to grow as
the company adds new personnel to assist with its growing portfolio of companies
and to reduce  its  dependency  on  outside  consultants.  In  addition,  as the
Company's  incubator firms grow, the Company's  advertising budget will increase
as these companies bring their products to market.

     Interest  income for the three months ended  February 29, 2000 increased by
$116 or 298% to $156 from $40, for the  corresponding  period of the prior year.
This  increase  resulted  from  increased  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 February 29, 2000 totaled  $7,581 from the Company's   ownership in Shakai
Racing,  Inc. There was no equity in losses of affiliates 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.

     The gain of $1,197,000 on the sale of the subsidiary resulted from the sale
of the Company's  wholly owned  subsidiary,  Virtual  Wagering.com to a European
company. There was no similar transaction during the corresponding period of the
prior year.

                                       11
<PAGE>

     Net income  before  taxes for the three  months  ended  February  29,  2000
increased  by   $1,107,533   to  $971,267  from  a  loss  of  $136,266  for  the
corresponding  period of the prior year. For the three months ended February 29,
2000,  the Company  recorded an income tax provision of $388,500 or 40% reducing
net income to $582,767.  There was no income tax provision for the corresponding
period of the prior year as the Company incurred a net operating loss.

     Other comprehensive income reflects the unrealized gain or loss, net of tax
on the Company's investment  portfolio.  For the three months ended February 29,
2000, the Company  reported  income net of taxes of $1,978,149  from  unrealized
gains  on  available  for  sale  securities  held  in the  Company's  investment
portfolio.  There was no other comprehensive income for the corresponding period
of the prior year.  Principally as a result of this other  comprehensive  income
and the gain on the sale of the subsidiary, the Company had comprehensive income
of $2,560,916  for the three months ended February 29, 2000 compared with a loss
of $136,266 for the corresponding period of the prior year.

Nine Months Ended February 29, 2000 Comparable to the Nine Months Ended February
28, 1999

     Net  revenues  for the nine months  ended  February  29, 2000  increased by
$5,471,104 or 1128% to 5,955,965  from 484,861 for the  corresponding  period of
the prior year.  This increase  resulted  from an increase in consulting  income
$5,660,016 and refunds of $2,621 which were partially  offset by a net change in
trading losses of $191,533.

     Selling,  general and  administrative  expenses  for the nine months  ended
February 29, 2000  increased by $881,061 or 32% to $1,549,784  from $668,723 for
the  corresponding  period of the prior year.  This increase is  attributable to
increases in advertising  expense of $284,138,  employment  expenses of $426,235
and general and administrative  expenses of $315,547 which were partially offset
by a decrease of $144,859 in outside consulting expenses.

     Interest  income for the nine months ended  February 29, 2000  increased by
$965 or 1122% to $1,051 from $86 for the corresponding period of the prior year.
This increase  resulted from an increase in activity in the Company's  brokerage
account.

     For the nine  months  ended  February  29,  2000,  the  Company  reported a
$173,292 net gain on the sale of  securities.  This  compares with a net loss of
$12,179 for the  corresponding  period of the prior year.  The net change in the
current  period  is  principally  the  result  of the  sale of  stock  from  its
portfolio.

     Equity in 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
affiliates  operating  losses  and  amortization  of the  Company's  net  excess
investment  over its equity in each  affiliates net assets is included in equity
and loss of affiliates. Equity in losses of affiliates for the nine months ended
February  29, 2000  totaled  $147,429  from the  Company's  ownership  in Shakai
Racing,  Inc. There was no equity in losses of  unconsolidated  subsidiaries for
the corresponding period of the prior year.

                                       12
<PAGE>

     The gain of $1,197,000  on the sale of a subsidiary  resulted from the sale
of the  Company's  wholly-owned  subsidiary,  Virtual  Waging.com  to a European
company. There was no similar transaction during the corresponding period of the
prior year.

     Net  income  before  taxes for the nine  months  ended  February  29,  2000
increased  by  $5,826,050  to  $5,630,095  from  a  loss  of  $195,955  for  the
corresponding  period of the prior year.  For the nine months ended February 29,
2000 the Company  recorded a tax provision of $2,251,500  or  approximately  40%
reducing net income to  $3,378,595.  There was no income tax  provision  for the
corresponding  period of the prior year as the Company  incurred a net operating
loss.

     Other comprehensive income reflects the unrealized gain or loss, net of tax
on the Company's  investment  portfolio.  For the nine months ended February 29,
2000, the Company  reported  income net of taxes of $3,097,691  from  unrealized
gains on  available  for sale of  securities  held in the  Company's  investment
portfolio.  There was no other comprehensive income for the corresponding period
of the prior year.  Principally as a result of this other  comprehensive  income
the gain on the sale of the subsidiary, and the increase in consulting revenues,
the Company had  comprehensive  income of  $6,476,286  for the nine months ended
February  29,  2000  compared  with the loss of $195,955  for the  corresponding
period of the prior year.

Liquidity and Capital Resources

     At  February  29,  2000,  the Company  had  working  capital of  $8,172,683
including  cash of $79,220.  This  compares  with working  capital of $2,179,308
including cash of $1,141,813 for the corresponding period of the prior year.

     Cash flows from operating  activities  increased to $166,852 from cash used
in operations of $136,266 for the  corresponding  period of the prior year. This
change resulted from

     Cash used in investing  act ivies  totaled  $1,229,445  for the nine months
ended  February 29, 2000.  This resulted from a net purchase of  investments  of
$1,186,172 and equipment of $43,273.  For the corresponding  period of the prior
year the Company had $169,928 of cash produced by its investing activities. This
resulted from a net sale of investments  of $186,319 which was partially  offset
by the purchase of $16,391 of equipment.

     There  were no  financing  activities  for  either  the nine  months  ended
February 29, 2000 or the corresponding period of the prior year.

     During the current fiscal year, the Company has generated  sufficient funds
from its  operations to finance its growth and that for the next twelve  months.
However,   because  management  believes  that  there  are  numerous  investment
opportunities which would be available if the Company had additional  resources,
it is contemplating an equity offering to obtain additional equity.

                                       13
<PAGE>

Impact of Inflation

     To date, the Company has not experienced any impact from inflation and does
not anticipate any such impact in the foreseeable future.

                           PART II - OTHER INFORMATION

Item 5. Other Information

     In January  2000,  Digital  Bridge,  Inc. a wholly owned  subsidiary of the
Company merged with Black Stallion Management,  Inc. (a publicly traded company)
in a stock for stock  transaction.  Following the merger, the Company's interest
was reduced to 17% approximately 4,600,000 shares.

     On February 12, 2000, the Company sold its wholly owned subsidiary, Virtual
Wagering.com, to a European company. The sale price was $1,200,000.

     In addition to the sale of Virtual Wagering.com, the Company entered into a
consulting  agreement  with the European  concern to further  develop the portal
site. The agreement is for $1,000,000 payable over a two-year period.

     On March 3, 2000, the Company  finalized an asset  purchase  agreement with
SierraNet.com  (a  Nevada  corporation),   an  Internet  Service  Provider.  The
agreement  makes  SierraNet a wholly owned  subsidiary of the Company  servicing
parts of California, Reno and Lake Tahoe.

Item 6. Exhibits and Reports on Form 8-K

     (a)  Exhibits

          27.1 Financial Data Schedule

     (b)  Reports on Form 8-K

                                       14
<PAGE>
                                    SIGNATURE

     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: April 10, 2000                          By:/s/ Scott Kelly
                                                 --------------------
                                                 Scott Kelly, President

                                       15