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 by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
Yes [ ] No [ ]

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 1,970,300

Part I - Financial Information
Item 1. Audited Financial Statements

Barry L. Friedman, P.C.
Certified Public Accountant

May 18, 2000

Board of Directors
FreePCSQuote.com, Inc.
Las Vegas, Nevada

I have reviewed the accompanying Balance Sheet of FreePCSQuote.com, Inc. (A Developmental Stage Company), as of March 31, 2000, and December 31, 1999, and the related Statements of Operations, Stockholders' Equity and Cash Flows for the periods January 1, 2000, to March 31, 2000, and February 18, 1999 (inception) to December 31, 1999. These financial statements are the responsibility of the Company's management. My responsibility is to express an opinion on these financial statements based on my audit.

I conducted my audit in accordance with generally accepted auditing standards. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of FreePCSQUOTE.Com, (A Developmental Stage Company), as of March 31, 2000, and December 31, 1999, and the results of its operations and cash flows for the periods January 1, 2000, to March 31, 2000 and February 18, 1999, (inception) to December 31, 1999, in conformity with generally accepted accounting principals.

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note #3 to the financial statements, the Company has had no operations and no established source of revenue. This raises substantial doubt about its ability to continue as a going concern. Management's plan in regard to these matters are also described in Note #3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ Barry L. Friedman
Barry L. Friedman
Certified Public Accountant

The accompanying notes are an integral part of these financial statements

The accompanying notes are an integral part of these financial statements

The accompanying notes are an integral part of these financial statements

The accompanying notes are an integral part of these financial statements

1. The Company uses the accrual method of accounting.
2. Statement of Position 98-5 ("SOP 98-5"), "Reporting on the Costs of Start - Up Activities" which provides guidance on the financial reporting of start-up costs and organization costs. It requires most costs of start-up activities and organization costs to be expensed as incurred. SOP 98-5 is effective for fiscal years beginning after December 15, 1998. With the adoption of SOP 98-5, there has been little or no effect on the Company's financial statements.
3. Net loss per share is provided in accordance with Statement of Financial Accounting Standards No. 128 (SFAS #128), "Earnings Per Share." Basic loss per share is computed by dividing losses available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects per share amounts that would have resulted if dilative common stock equivalents had been converted to common stock. As of March 31, 2000, the Company had no dilative common stock equivalents such as stock options.
4. The Company has not yet adopted any policy regarding payment of dividends. No dividends have been paid since inception.

The Company was organized February 18, 1999, under the laws of the State of Nevada, as FreePCSQuote.Com. The Company has yet to generate any revenues and in accordance with Statement of Finanical Accounting Standards No. 7 (SFAS #7), the Company is considered a developmental stage company. The Company's objective is to supply Internet data to users of alphanumeric pagers and PCS telephones. As of March 31, 2000, the Company has completed the development of its website. The Company, however, does not have any customers, nor its own products at the design, development, or marketing stage.

FreePCSQuote.Com
(Registrant)

Date: May 19, 2000

By: /s/Eric Borgeson,

President, Chief Executive Officer, Treasurer and Director