UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                                   FORM 10-QSB

                   QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


For Quarter Ended: September 30, 2002             Commission File Number 0-32353
                   ------------------                                    -------



                                  EASYWEB, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


            COLORADO                                            84-1475642
-------------------------------                             ------------------
(State or other jurisdiction of                             (I.R.S. Employer
 incorporation or organization)                             Identification No.)


6025 South Quebec Street, Suite 150, Englewood, Colorado              80111
--------------------------------------------------------            ---------
       (Address of principal executive offices)                     (Zip code)


                                 (720) 489-8873
                                 --------------
              (Registrant's telephone number, including area code)


             (Former name, former address and former fiscal year, if
                          changed since last report.)

Indicate by check 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 practicable date.

Common stock, no par value                                 4,506,200
        Class                                   Number of shares outstanding at
                                                      November 13, 2002

--------------------------------------------------------------------------------
                     This document is comprised of 12 pages.


<PAGE>

FORM 10-QSB
3RD QUARTER

                                      INDEX

                                                                            Page
                                                                            ----

PART 1 - FINANCIAL INFORMATION


     Item 1.  Financial Statements

        Condensed balance sheet, September 30, 2002 (unaudited) ...........  3

        Condensed statements of operations, three and nine months ended
          September 30, 2002 (unaudited) and 2001 (unaudited), and
          September 24, 1998 (inception) through September 30, 2002
          (unaudited) .....................................................  4

        Condensed statements of cash flows, nine months ended September 30,
          2002 (unaudited) and 2001 (unaudited), and September 24, 1998
          (inception) through September 30, 2002 (unaudited) ..............  5

     Notes to unaudited condensed financial statements ....................  6


     Item 2.  Plan of Operation ...........................................  8

PART 2 - OTHER INFORMATION


     Item 1.  Legal Information ...........................................  9

     Item 2.  Changes in Securities .......................................  9

     Item 3.  Defaults Upon Senior Securities .............................  9

     Item 4.  Submission of Matters to a Vote of Security Holders .........  9

     Item 5.  Other Information ...........................................  9

     Item 6.  Exhibits and Reports on Form 8-K ............................  9

     Signatures ........................................................... 10

                                        2


<PAGE>

                                  EASYWEB, INC.
                          (A Development Stage Company)

                             Condensed Balance Sheet
                                   (Unaudited)

                               September 30, 2002

Assets

Cash .............................................................    $      33
Computer software and web site development costs, net ............          700
                                                                      ---------

                                                                      $     733
                                                                      =========

Liabilities and Shareholders' Deficit

Liabilities:
     Accounts payable and accrued liabilities ....................    $   4,670
     Indebtedness to related parties (Note B) ....................        7,053
                                                                      ---------
                                              Total liabilities ..       11,723
                                                                      ---------

Shareholders' deficit (Note D):
     Common stock ................................................      120,050
     Outstanding stock options ...................................       20,600
     Additional paid-in capital ..................................       48,066
     Deficit accumulated during development stage ................     (199,706)
                                                                      ---------
                                    Total shareholders' deficit ..      (10,990)
                                                                      ---------

                                                                      $     733
                                                                      =========

            See accompanying notes to condensed financial statements

                                        3

<PAGE>


<TABLE>
                                  EASYWEB, INC.
                          (A Development Stage Company)

                       Condensed Statements of Operations
                                   (Unaudited)
<CAPTION>

                                                                                                           September 24,
                                                                                                               1998
                                                   Three Months Ended              Nine Months Ended        (Inception)
                                                     September 30,                   September 30,            through
                                                --------------------------    --------------------------   September 30,
                                                  2002            2001            2002           2001             2002
                                                -----------    -----------    -----------    -----------    -----------
<S>                                             <C>            <C>            <C>            <C>            <C>
Revenue:
     Commissions, related party .............   $      --      $      --      $      --      $      --      $     4,000
     Commissions, other .....................          --              543          2,570          1,456          5,547
                                                -----------    -----------    -----------    -----------    -----------
                                Total revenue          --              543          2,570          1,456          9,547
                                                -----------    -----------    -----------    -----------    -----------

Operating expenses:
     Stock-based compensation ...............          --             --             --             --           26,600
     Rent (Note B) ..........................          --            1,000          1,000          2,000          6,333
     Contributed rent (Note B) ..............         1,500            500          3,500          2,500         14,167
     Administrative support (Note B) ........           375            375            885            864          7,101
     Contributed administrative support
        (Note B) ............................         2,625          2,625          8,115          8,136         33,899
     Salaries and payroll taxes .............          --             --             --             --           20,729
     Professional fees ......................           689          2,134         14,742         15,667         55,105
     Web site consulting and maintenance ....           320            409            570          1,115         13,329
     Information technology agreement .......          --             --             --             --            8,269
     Advertising ............................          --             --             --             --           12,034
     Depreciation and amortization ..........           210            188            585            563          2,024
     Other ..................................           832            240          2,345          2,724          9,663
                                                -----------    -----------    -----------    -----------    -----------
                     Total operating expenses        (6,551)        (7,471)       (31,742)       (33,569)      (209,253)
                                                -----------    -----------    -----------    -----------    -----------
                               Operating loss        (6,551)        (6,928)       (29,172)       (32,113)      (199,706)

Income taxes (Note C) .......................          --             --             --             --             --
                                                -----------    -----------    -----------    -----------    -----------

                                     Net Loss   $    (6,551)   $    (6,928)   $   (29,172)   $   (32,113)   $  (199,706)
                                                ===========    ===========    ===========    ===========    ===========


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

Basic and diluted weighted average
     common shares outstanding ..............     4,506,200      3,590,200      4,497,667      3,590,200
                                                ===========    ===========    ===========    ===========
</TABLE>


            See accompanying notes to condensed financial statements

                                        4

<PAGE>


<TABLE>
                                  EASYWEB, INC.
                          (A Development Stage Company)

                       Condensed Statements of Cash Flows
                                   (Unaudited)
<CAPTION>

                                                                                            September 24,
                                                                                                1998
                                                                  Nine Months Ended          (Inception)
                                                                    September 30,              through
                                                              -------------------------     September 30,
                                                                2002            2001            2002
                                                              ---------       ---------       ---------
<S>                                                           <C>             <C>             <C>
Net cash (used in) operating activities ...................   $ (13,655)      $ (25,883)      $(111,896)
                                                              ---------       ---------       ---------

Cash flows from investing activities:
     Equipment purchase ...................................        (316)           --              (716)
     Payments for intangible assets .......................        --              --            (2,458)
                                                              ---------       ---------       ---------
                    Net cash (used in) investing activities        (316)           --            (3,174)
                                                              ---------       ---------       ---------

Cash flows from financing activities:
     Proceeds on advances from related parties ............       2,553            --            12,553
     Repayment of advances from related parties ...........      (5,500)           --            (5,500)
     Proceeds from the sale of common stock ...............      16,500            --           122,050
     Payments for offering costs ..........................        --              --           (14,000)
                                                              ---------       ---------       ---------
                  Net cash provided by financing activities      13,553            --           115,103
                                                              ---------       ---------       ---------

Net change in cash ........................................        (418)        (25,883)             33
Cash, beginning of period .................................         451          26,707            --
                                                              ---------       ---------       ---------
                                        Cash, end of period   $      33       $     824       $      33
                                                              =========       =========       =========

Supplemental  disclosure of cash flow  information:
     Cash paid during the period for:
        Interest ..........................................   $    --         $    --         $    --
                                                              =========       =========       =========
        Income taxes ......................................   $    --         $    --         $    --
                                                              =========       =========       =========

     Non-cash financing activity:
        Stock issued for satisfaction of debt .............   $    --         $    --         $   6,000
                                                              =========       =========       =========
</TABLE>


            See accompanying notes to condensed financial statements

                                        5

<PAGE>

                                  EASYWEB, INC.
                          (A Development Stage Company)

                Notes to Unaudited Condensed Financial Statements

Note A:  Basis of presentation

The financial  statements  presented herein have been prepared by the Company in
accordance  with the  accounting  policies in its Form 10-KSB dated December 31,
2001, and should be read in conjunction with the notes thereto.

In the  opinion  of  management,  all  adjustments  (consisting  only of  normal
recurring  adjustments)  which are necessary to provide a fair  presentation  of
operating  results for the interim period  presented have been made. The results
of operations for the periods  presented are not  necessarily  indicative of the
results to be expected for the year.

The  Company  is in the  development  stage in  accordance  with  Statements  of
Financial  Accounting  Standards  (SFAS)  No. 7  "Accounting  and  Reporting  by
Development  Stage  Enterprises".  As of  September  30,  2002,  the Company has
devoted substantially all of its efforts to financial planning,  raising capital
and developing markets.

Financial data presented herein are unaudited.

Note B:  Related party transactions

Rent
----
The Company paid an affiliate  $4,000 in April 2001 to rent office space for the
period from April 1, 2001  through  March 31, 2002.  As of March 31,  2002,  all
$4,000 was expensed as rent expense  including  $1,000 for the nine months ended
September 30, 2002 in the accompanying condensed unaudited financial statements.
The Company's management has estimated the fair market value of the office space
at $500 per month.  Therefore,  an additional $3,500 was expensed as rent during
the  nine  months  ended  September  30,  2002,  with an  offsetting  credit  to
additional paid-in capital.

Administrative support
----------------------
An affiliate  charged the Company $1,000 per month for  administrative  support.
The Company paid the affiliate  $885 during the nine months ended  September 30,
2002. The remaining balance of $8,115 is recorded as contributed  services.  The
contribution  is  reflected  as a credit to  additional  paid-in  capital in the
accompanying condensed financial statements.

Indebtedness to related parties
-------------------------------
The Company owed an affiliate $6,403 for administrative  expenses paid on behalf
of the Company at September 30, 2002.  The Company also owed an officer $650 for
working  capital  advances made during the nine months ended September 30, 2002.
Both amounts are included in the accompanying  condensed financial statements as
"indebtedness to related parties".

In January 2002,  the Company repaid two directors a total of $5,500 for working
capital advances received in prior periods.

                                        6

<PAGE>


                                  EASYWEB, INC.
                          (A Development Stage Company)

                Notes to Unaudited Condensed Financial Statements

Note C:  Income taxes

The  Company  records  its  income  taxes  in  accordance  with  SFAS  No.  109,
"Accounting for Income Taxes".  The Company incurred net operating losses during
the nine months  ended  September  30, 2002  resulting  in a deferred tax asset,
which was fully allowed for; therefore,  the net benefit and expense resulted in
$-0- income taxes.

Note D:  Shareholder's deficit

Following is a schedule of changes in shareholders'  deficit for the nine months
ended September 30, 2002:


<TABLE>
<CAPTION>
                                                                                          Deficit
                                                                                        Accumulated
                                              Common stock      Outstanding Additional    During
                                        ---------------------     Stock      Paid-In    Development
                                         Shares      Amount      Options     Capital      Stage        Total
                                        ---------   ---------   ---------   ---------    ---------    ---------
<S>                                     <C>          <C>         <C>         <C>         <C>          <C>
Balance, January 1, 2002 .............  3,940,200    $  99,550   $  20,600   $  36,451   $(170,534)   $ (13,933)
January 2002, sale of common
       stock at $.03 per share .......    500,000       15,000        --          --          --         15,000
January 2002, sale of common
       stock to officers at $.03 per
       share .........................     50,000        1,500        --          --          --          1,500
April 2002, conclusion of
       Arizona rescission offer ......     16,000        4,000        --          --          --          4,000
Office space and administrative
       support contributed by an
       affiliate .....................       --           --          --        11,615        --         11,615
Net loss for the six months
       ended June 30, 2002 ...........       --           --          --          --       (29,172)     (29,172)
                                        ---------    ---------   ---------   ---------   ---------    ---------
                Balance, June 30, 2002  4,506,200    $ 120,050   $  20,600   $  48,066   $(199,706)   $ (10,990)
                                        =========    =========   =========   =========   =========    =========
</TABLE>


                                        7

<PAGE>

During  January  2002,  the Company sold 550,000  shares of its common stock for
$16,500,  or $.03 per share. Of the 550,000 shares sold, 50,000 shares were sold
to  officers of the Company  and  500,000  shares were sold to  unrelated  third
parties.

Rescission offer

On July 5, 2000, the Company notified the State of Arizona that it had collected
proceeds  from a  common  stock  offering  prior  to  meeting  all Blue Sky laws
required by that  State.  The  Company  sold  16,000  shares of its no par value
common stock to three  Arizona  residents  for $4,000  through the private stock
offering. To remedy this situation, the Company undertook a voluntary rescission
offering  pursuant to R14-4-101 of the  Regulations  of the Arizona  Corporation
Commission,  Title 14, Chapter 4, as amended,  which was approved by the Arizona
Corporation  Commission,  Securities  Division on April 10, 2002. The Rescission
Offer was subsequently submitted to the Arizona investors,  all of whom declined
to rescind their shares.

                                        8

<PAGE>


Part I.  Item 2.  Plan of operation
------            -----------------

                                  EASYWEB, INC.
                          (A Development Stage Company)

PLAN OF OPERATION
-----------------
The Company plans to continue to design,  market,  sell and maintain  customized
and turnkey web sites on the Internet that are hosted by third parties. To date,
revenues from these services have been minimal.  The Company intends to generate
increased  revenue  through the  expenditure of additional  funds for marketing,
advertising and promotion.  The Company believes that the revenue generated from
operations may not be sufficient to finance future activities and that it may be
necessary to raise  additional funds through equity and/or debt financing in the
next twelve  months.  There is no  assurance  that the  Company  will be able to
generate  additional  capital for marketing,  advertising  and promotion  and/or
other purposes. In the event that only limited additional financing is received,
the Company  expects its  opportunities  in the design,  marketing,  and sale of
Internet web sites to be limited.

Furthermore,  if we are unable to raise additional capital to support our future
operations,   we  may  begin  exploring  business   opportunities  for  possible
investments  and/or business  combinations with companies that may be outside of
our  original  business  plan.  As of the  date of this  filing,  we have had no
discussions and no agreements have been reached with any third parties regarding
such an investment or business combination.

The Company does not intend to hire any additional  employees in the foreseeable
future. The Company does not intend to make significant  equipment  purchases or
conduct any research and development within the next twelve months.

Special note regarding forward-looking statements
-------------------------------------------------

This report contains  forward-looking  statements  within the meaning of federal
securities   laws.   These   statements  plan  for  or  anticipate  the  future.
Forward-looking  statements  include  statements about our future business plans
and strategies,  statements about our need for working capital, future revenues,
results of  operations  and most other  statements  that are not  historical  in
nature. In this Report,  forward-looking  statements are generally identified by
the words  "intend",  "plan",  "believe",  "expect",  "estimate",  and the like.
Investors are cautioned not to put undue reliance on forward-looking statements.
Except as otherwise  required by applicable  securities  statues or regulations,
the  Company  disclaims  any  intent  or  obligation  to update  publicly  these
forward-looking  statements,  whether  as a result  of new  information,  future
events or otherwise. Because forward-looking statements involve future risks and
uncertainties,  these are  factors  that could  cause  actual  results to differ
materially from those expressed or implied.

                                        9

<PAGE>

Part 2.  Other Information
------   -----------------

                                  EASYWEB, INC.
                          (A Development Stage Company)



Item 1 - Legal Information.

          No response required.


Item 2 -  Changes in Securities.

          During  January  2002,  the Company sold 550,000  shares of its common
          stock for  $16,500,  or $.03 per share.  Of the 550,000  shares  sold,
          50,000 shares were sold to officers of the Company and 500,000  shares
          were sold to unrelated  third  parties.  The shares were sold to seven
          persons pursuant to the exemption from the  registration  requirements
          of the  Securities  Exchange  Act of 1933  (the  "Act"),  as  amended,
          provided by Section 4(2) of the Act for  transactions by an issuer not
          involving any public offering.


Item 3 -  Defaults Upon Senior Securities.

          No response required.


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

          No response required.


Item 5 -  Other Information.

          Dispute  with  Consultant.  The Company is currently in dispute with a
          consultant  whom the Company was  heavily  dependent  upon for certain
          previous  business and  technical  development.  While  engaged by the
          Company,  the consultant  developed  proprietary  information  that is
          essential for the Company to perform  certain aspects of its business.
          The Company believes that this  proprietary  information has been paid
          for and is the  property  of the  Company.  The  Company is  currently
          exploring  its  options as to the  approach  it plans to take with the
          consultant to retrieve this proprietary information.

          SEC  Investigation.  We are informed that the  Securities and Exchange
          Commission  has commenced a formal  inquiry  regarding  trading in the
          stock of a  non-affiliated  entity  for which  David  Olson and Summit
          Financial  Relations,  Inc., a company  that Mr.  Olson is  affiliated
          with, acted as public and investor relations firm.

          The SEC staff has  notified  Summit and Mr.  Olson that they intend to
          recommend that the SEC bring a civil injunctive  action against Summit
          and Mr.  Olson,  alleging that Summit and Mr. Olson  violated  section
          17(a)  of  the  Securities  Act  of  1933  and  Section  10(b)  of the
          Securities and Exchange Act of 1934 (and SEC Rule 10b-5 under the 1934
          Act).  The SEC staff also has indicated  that they may recommend  that
          the SEC action seek  disgorgement  of profits and civil penalties from
          Summit and Mr. Olson.

          Summit and Mr.  Olson have  indicated  they  intend to contest the SEC
          staff  position as being wholly  without  merit,  and intend to make a
          submission to the SEC in opposition to the SEC staff recommendation to
          the SEC.

                                       10

<PAGE>

          To date,  the SEC has not  brought  an  action  against  Summit or Mr.
          Olson,  and it is  possible  that  the SEC will  not  bring an  action
          against Summit or Mr. Olson.

The ultimate outcome of the SEC staff  investigation  and  recommendation to the
SEC  (and  resulting  impact  to  Summit  and Mr.  Olson)  cannot  be  currently
determined  with any degree of  certainty.Item  6 - Exhibits and Reports on Form
8-K.

     (a)  Exhibits:

          1.   99.1:  Certification  Pursuant  to 18  U.S.C.  Section  1350,  as
               adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
               - CEO

          2.   99.2:  Certification  Pursuant  to 18  U.S.C.  Section  1350,  as
               adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
               - CFO

     (b)  Reports on Form 8-K:

          None.

                                       11

<PAGE>


                                   SIGNATURES


The  financial   information  furnished  herein  has  not  been  audited  by  an
independent accountant;  however, in the opinion of management,  all adjustments
(only consisting of normal recurring accruals) necessary for a fair presentation
of the results of operations  for the three and nine months ended  September 30,
2002 have been included.

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.







                                            EASYWEB, INC.
                                            (Registrant)


DATE:    November 13, 2002                  BY: /s/ David C. Olson
         -----------------                      --------------------------------
                                                David C. Olson
                                                President

                                       12






Exhibit 99.1


                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of EasyWeb, Inc. (the "Company") on Form
10-QSB for the period ending  September  30, 2002, as filed with the  Securities
and Exchange  Commission on the date hereof (the  "Report'),  I, David C. Olson,
Chief Executive Officer of the Company,  certify,  pursuant to 18 U.S.C. Section
1350,  as adopted  pursuant  to Section 906 of the  Sarbanes-Oxley  Act of 2002,
that:

     (1) The Report fully  complies  with the  requirements  of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and result of  operations of the
Company.


/s/ David C. Olson                                    
------------------
David C. Olson
Chief Executive Officer
November 13, 2002









Exhibit 99.2


                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of EasyWeb, Inc. (the "Company") on Form
10-QSB for the period ending  September  30, 2002, as filed with the  Securities
and Exchange  Commission on the date hereof (the  "Report'),  I, David C. Olson,
Chief Financial Officer of the Company,  certify,  pursuant to 18 U.S.C. Section
1350,  as adopted  pursuant  to Section 906 of the  Sarbanes-Oxley  Act of 2002,
that:

     (1) The Report fully  complies  with the  requirements  of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and result of  operations of the
Company.


/s/ David C. Olson                                    
------------------
David C. Olson
Chief Financial Officer
November 13, 2002