--------------------------------------------------------------------------------
Kirt W. James
PRESIDENT
Hometeach.com, Inc.
24843 Del Prado, #318
Dana Point, CA 92629
(Name and Address of Person Authorized to Receive Notices
and Communications on Behalf of the Person Filing Statement)
--------------------------------------------------------------------------------
WITH A COPY TO:
KARL E. RODRIGUEZ, ESQ
34700 Pacific Coast Highway, Suite 303
Capistrano Beach, CA 92624
(949) 248-9561
fax (949) 248-1688
--------------------------------------------------------------------------------
FORM 10-QSB
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter ended September 30, 2000
COMMISSION FILE NUMBER: 0-30470
HOMETEACH.COM, INC.
formerly, BBB-HUNTOR ASSOCIATES, INC.
Nevada 91-2006973
(Jurisdiction of Incorporation) (I.R.S. Employer Identification No.)
PMB 318, 24843 Del Prado Dana Point, CA 92629
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (949) 248-1765
The following Securities are registered pursuant to Section 12(g) of the Act:
13,547,750
1
<PAGE>
Yes [X] No [ ] (Indicate by check mark whether the Registrant (1) has filed
all report 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.)
As of September 30, 2000, the number of shares outstanding of the Registrant's
Common Stock was 13,547,750.
INTRODUCTION
This Corporation has advanced its fiscal year-end from December 31, 2000 to
September 30, 2000. Accordingly, this report is for our first quarter, following
the transition.
PART I: FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS. Attached hereto and incorporated herein by this
reference are consolidated unaudited financial statements (under cover of
Exhibit 00QF-1) for the three months ended September 30, 2000.
ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
We are engaged in submission of our common stock for quotation on the
OTCBB. There have been no material operations commenced to date.
PART II: OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS. None
ITEM 2. CHANGE IN SECURITIES. None
ITEM 3. DEFAULTS UPON SENIOR SECURITIES. None
ITEM 4. SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS. None
ITEM 5. OTHER INFORMATION. Kirt W. James had resigned from our board shortly
before our June 30, 2000 report, for personal health reasons. He rejoined our
Board of Directors in October.
ITEM 6. REPORTS ON FORM 8-K. Form 8-K, filed about October 6, 2000, reporting
the return of Mr. James to the Board.
EXHIBIT INDEX
FINANCIAL STATEMENTS AND DOCUMENTS
FURNISHED AS A PART OF THIS REGISTRATION STATEMENT
Exhibit 00QF-1: Un-Audited for the three months ended September 30, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this
Form 10-Q Report for the Quarter ended September 30, 2000, has been signed below
by the following persons on behalf of the Registrant and in the capacities and
on the date indicated.
HOMETEACH.COM, INC.
formerly, BBB-HUNTOR ASSOCIATES, INC.
Dated: November 9, 2000
by
/s/Kirt W. James /s/Jill P. Clark
Kirt W. James Jill P. Clark
president/director secretary/director
2
<PAGE>
--------------------------------------------------------------------------------
EXHIBIT 00QF-1
UN-AUDITED FINANCIAL STATEMENTS
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2000
--------------------------------------------------------------------------------
3
<PAGE>
HOMETEACH.COM, INC.
Balance Sheets
(A Development Stage Company)
September 30, June 30,
2000 2000
ASSETS . . . . . . . . . . . . . . . . . . . . . (unaudited)
-----------------------------------------------------------------------------
Current Assets
Cash . . . . . . . . . . . . . . . . . . . . . . $ 900 $ 62,750
Prepaid Expenses . . . . . . . . . . . . . . . . $ 33,618 $ 18,996
-----------------------------------------------------------------------------
Total Current Assets . . . . . . . . . . . . . . $ 34,518 $ 81,746
-----------------------------------------------------------------------------
Total Assets . . . . . . . . . . . . . . . . . . $ 34,518 $ 81,746
=============================================================================
LIABILITIES & STOCKHOLDERS' EQUITY
Total Liabilities. . . . . . . . . . . . . . . . $ 0 $ 0
-----------------------------------------------------------------------------
Stockholders' Equity
Common Stock, par value $.001;
100,000,000 Shares authorized,
13,547,750 and 10,000,000 shares issued
and outstanding, respectively. . . . . . . . . . 13,548 13,548
Additional Paid-In Capital . . . . . . . . . . . 99,202 99,202
Deficit Accumulated During the Development Stage (78,232) (31,004)
-----------------------------------------------------------------------------
Total Stockholders' Equity . . . . . . . . . . . 34,518 81,746
-----------------------------------------------------------------------------
Total Liabilities and Stockholders' Equity . . . $ 34,518 $ 81,746
=============================================================================
The accompanying notes are an integral part of these financial statements.
4
<PAGE>
HOMETEACH.COM, INC.
Consolidated Statements of Operations
(A Development Stage Company)
From From Cumulative
July 1, 2000 July 1, 1999 Total
September 30, September 30, Since
2000 1999 Inception
---------------------------------------------------------------------------
Revenue. . . . . . . . . . . $ 5,000 $ 0 $ 5,000
Expenses
General & Administrative . . 31,850 0 52,854
Legal Fees . . . . . . . . . 20,378 0 20,378
Amortization . . . . . . . . 0 0 10,000
---------------------------------------------------------------------------
Total Expenses . . . . . . . 52,228 0 83,232
---------------------------------------------------------------------------
Net Income (Loss). . . . . . ($47,228) $ 0 ($78,232)
===========================================================================
Net Income (Loss) per share. ($ 0.003) $ 0 ($ 0.008)
===========================================================================
Weighted average
Outstanding shares . . . . . 13,547,750 10,000,000 10,193,080
===========================================================================
The accompanying notes are an integral part of these financial statements.
5
<PAGE>
HOMETEACH.COM, INC.
Consolidated Stockholders' Equity
(A Development Stage Company)
(Unaudited)
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Deficit
Accumulated
Additional During the
Common Stock Paid-In Development
Shares Amount Capital Stage
--------------------------------------------------------------------------------------------------------
Issuance of comon shares for organizational costs. 10,000,000 $ 10,000 $ 0 $ 0
Net Loss for the year ended June 30, 1991. . . . . 0 0 0 (977)
--------------------------------------------------------------------------------------------------------
Balance June 30, 1991. . . . . . . . . . . . . . . 10,000,000 10,000 0 (977)
--------------------------------------------------------------------------------------------------------
Net Loss for the years ended June 30, 1992
Through June 30, 1999. . . . . . . . . . . . . . . 0 0 0 (9,003)
--------------------------------------------------------------------------------------------------------
Balance June 30, 1999. . . . . . . . . . . . . . . 10,000,000 10,000 0 (10,000)
Shares issued in acquisition at $.027 per share. . 3,547,750 3,548 99,202 0
Net loss for the year ended June 30, 2000. . . . . 0 0 0 (21,004)
--------------------------------------------------------------------------------------------------------
Balance June 30, 2000. . . . . . . . . . . . . . . 13,547,750 13,548 99,202 (31,004)
Net Loss for the Quarter ending September 30, 2000 0 0 0 (47,228)
--------------------------------------------------------------------------------------------------------
Balance September 30, 2000 . . . . . . . . . . . . 13,547,750 $ 13,548 $ 99,202 ($78,232)
</TABLE>
The accompanying notes are an integral part of these financial statements.
6
<PAGE>
HOMETEACH.COM, INC.
Consolidated Statements of Cash Flows
(A Development Stage Company)
<TABLE>
<CAPTION>
<S> <C> <C> <C>
From
Inception on
For the Quarter Ending July 2, 1999 to
September 30, 2000 September
2000 1999 30, 2000
Cash Flows from Operating Activities
Net Loss . . . . . . . . . . . . . . . . . . ($47,228) $ 0 ($78,232)
Adjustment to reconcile net loss to net cash
used by operations:
Amortization . . . . . . . . . . . . . . . . 0 0 10,000
Increase/decrease in assets & liabilities. . 0 0 0
Change in Prepaid Expenses . . . . . . . . . (14,622) 0 (3,618)
Accounts Payable . . . . . . . . . . . . . . 0 0 0
----------------------------------------------------------------------------------------------------
Net Cash Flow Used in Operating Activities . (61,850) 0 (71,850)
----------------------------------------------------------------------------------------------------
Increase (Decrease) in cash. . . . . . . . . (61,850) 0 (71,850)
Cash Flows Used For Investing Activities
Cash acquired in acquisition . . . . . . . . 0 0 72,750
Cash as beginning of period. . . . . . . . . 62,750 0 0
----------------------------------------------------------------------------------------------------
Cash at End of Period. . . . . . . . . . . . $ 900 $ 0 $ 900
====================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements.
7
<PAGE>
HOMETEACH.COM, INC.
(a Development Stage Company)
Notes to the Financial Statements
for December 31, 1999 and the periods ended September 30, 1999 and 2000
NOTES TO FINANCIAL STATEMENTS
HomeTeach.com, Inc. ("the Company") (formerly BBB Huntor Associates, Inc), has
elected to omit substantially all footnotes to the financial statements for the
nine months ended September 30, 2000, since there have been no material changes
(other than indicated in other footnotes) to the information previously reported
by the Company in their Financial Statements for the Fiscal year ended December
31, 1999.
UNAUDITED INFORMATION
The information furnished herein was taken from the books and records of the
Company without audit. However, such information reflects all adjustments which
are, in the opinion of management, necessary to properly reflect the results of
the period presented.
The information presented is not necessarily indicative of the results from
operations expected for the full fiscal year.
8
<PAGE>
