UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the quarterly period ended June 30,1999
Commission file Number 000-26307
Netgen 2000, Inc.
(Exact name of registrant as specified in its charter)
Florida 65-0873448
(State or other jurisdiction of (I.R.S. Employer
incorporation of organization) Identification Number)
324 Datura Street, # 140 33401
West Palm Beach, Florida (Zip Code)
(Address of principal executive office)
Registrants telephone number, including area code:
(561) 655-5351
Indicate by check mark whether the registrant(1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
YES [X] NO [ ]
Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practical
date:
Common Stock, $ 0.01 Par Value- 4,425,000 shares as of
June 30,1999.
PART I. - FINANCIAL INFORMATION
NETGEN 2000, INC.
CONDENSED BALANCE SHEETS
June30 December 31
1999 1998
Unaudited Audited
- -ASSETS-
CURRENT ASSETS
Cash and cash equivalents $ 86,906 $ -0-
------- ------
Total Current Assets 86,906 -0-
FIXED ASSETS
Computer Equipment,
Furniture & Fixtures 10,710 3,500
------- ------
Total Fixed Assets 10,710 3,500
OTHER ASSETS
Deposit 2,000 -0-
------- ------
Total Other Assets 2,000 -0-
------- ------
TOTAL ASSETS $ 99,616 $ 3,500
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities -0- -0-
Stockholders' Equity
Common Stock par value $ 0.01 per share
Authorized 6,000,000 shares
Issued 4,490,000 and 3,000,000 $ 44,250 $ 30,000
Additional Paid In Capital 249,150 700
Retained Deficit [193,784] [27,200]
---------- ----------
Total Stockholders' Equity 99,616 3,500
---------- ----------
TOTAL LIABILITIES & STOCKHOLDERS' $ 99,616 $ 3,500
EQUITY
See Accompanying Notes to Financial Statements
NETGEN 2000, INC.
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of
1934, the registrant has duly cause this report to be signed on its
behalf by the undersigned thereunto duly authorized.
NETGEN 2000, INC.
(Registrant)
November 19,1999 Derek G. Dunn
Date President and Director
November 19,1999 Arvind B. Ajinkya
Date Chief Financial Officer
NETGEN 2000, INC.
324 Datura Street Suite 140
West Palm Beach, FL 33401
December 5, 1999
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
Pursuant to the requirements of the Securities Exchange Act of
1934, we are transmitting herewith the attached Form 10-Q.
Respectfully,
Netgen 2000 Inc.
Mildred R. Dunn
Executive Assistant
