<SUBMISSION>
<ACCESSION-NUMBER>0001023856-01-500012
<TYPE>10QSB
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20010331
<FILING-DATE>20010515
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ZETA CORP /CA
<CIK>0001054274
<ASSIGNED-SIC>9995
<IRS-NUMBER>582349413
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>10QSB
<ACT>34
<FILE-NUMBER>000-29819
<FILM-NUMBER>1634424
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>216-1628 WEST 1ST AVENUE
<STREET2>VANCOUVER B.C. V6J 1G1 CANADA
<CITY>RIVERSIDE
<STATE>CA
<ZIP>92506
<PHONE>6066595000
</BUSINESS-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>10QSB
<SEQUENCE>1
<FILENAME>form10q.txt
<DESCRIPTION>FORM 10Q FOR PERIOD ENDED MARCH 31, 2001
<TEXT>

1


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)

      X       QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
  ---------

               SECURITIES EXCHANGE ACT OF 1934

               For quarterly period ended March 31, 2001

    ____   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

               SECURITIES EXCHANGE ACT OF 1934

               For the transition period from _____ to _____

Commission file number:  0-29819

                                ZETA CORPORATION
                          ----------------------------
        (exact name of small business issuer as specified in its charter)


FLORIDA                                                 58-2349413
-------------                                           ----------------
(State or other jurisdiction of               (IRS Employer Identification No.)
incorporation or organization)

Suite 214 - 1628 West 1St Avenue, Vancouver, BC                   V6J 1G1
-----------------------------------------------                   -------
(Address of principal executive offices)

Registrant's telephone number, including area code:          (604) 659-5018


Check whether the issuer: (1) has filed all reports required 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 issuer was required to file such reports),  and
(2) has been subject to such filing requirements for the past 90 days. Yes [ X ]
No

State the number of shares outstanding of each of the Issuer's classes of common
equity  as of the  latest  practicable  date:  as of May 10,  2001,  there  were
10,300,000  shares of the  Issuer's  Common  Stock,  $0.001  par value per share
outstanding.

Transitional Small Business Disclosure Format (Check One): Yes [ ] No [x]

<PAGE>

                                ZETA CORPORATION
                  FORM 10-QSB, QUARTER ENDED SEPTEMBER 30, 2000

<TABLE>
INDEX
<CAPTION>

PART I    FINANCIAL INFORMATION

<S>                                                                                  <C>
Item 1    Financial Statements

Balance Sheet as of March 31, 2001                                                   3

Statement of Operations for the Quarter Ended March 31, 2001, and 2000               4

Statement of Cash Flows for the Quarter Ended March 31, 2001                         5

Notes to Interim Financial Statements                                                7

All schedules are omitted because they are not applicable or the required
information is shown in the financial statements or notes thereto.


Item 2  Management's Discussion and Analysis                                         8

PART II   OTHER INFORMATION

Item 1 Legal Proceedings                                                             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                                                             10

Item 6 Exhibits and Reports on Form 8-K                                              10

       Signatures                                                                    10

</TABLE>


<PAGE>

ITEM 1    Financial Statements


                                ZETA CORPORATION

                          (A Development Stage Company)
                                  BALANCE SHEET
                      MARCH 31, 2001 AND DECEMBER 31, 2000
                                   (Unaudited)

<TABLE>
<CAPTION>
ASSETS                                                                       March 31,2001         Dec.31,2000
------                                                                       -------------         -----------
<S>                                                                          <C>                   <C>
Current Assets
   Cash                                                                               $150,785            $151,564
   Prepaid Expenses                                                                        125                 125

Total Current Assets                                                                  $150,910            $151,689

Fixed Assets
   Computer Equipment-Net                                                                2,603               2,892

Total  Assets                                                                         $153,513            $154,581


LIABILITIES AND  STOCKHOLDERS' EQUITY

Current Liabilities
   Accounts Payable                                                                  $ 86,230            $ 50,180


Stockholders' Equity
   Preferred Stock: $0.10 Par Value; Authorized
Shares,                                1,000,000 shares; Issued and                       None                None
Outstanding, None
   Common Stock: $0.001 Par Value; Authorized Shares,
100,000,000; Issued and Outstanding, 10,300,000 and
10,300,000 Shares at March 31, 2000 and December 31, 2000, respectively
                                                                                        10,300              10,300
   Additional Paid In Capital                                                          767,700             767,700
   Loss Accumulated During the Development Stage                                      (710,717)           (673,599)

Total Stockholders' Equity                                                              67,283             104,401


Total Liabilities and Stockholders' Equity                                           $153,513            $154,581

</TABLE>


<PAGE>

                                ZETA CORPORATION
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
               FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000
             AND FROM INCEPTION (OCTOBER 21, 1997) TO MARCH 31, 2001
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                                            From Inception
                                                 For The Three Months Ended   For The Three Months Ended    (October 21, 1997)
                                                 Mar. 31, 2001                Mar. 31, 2000                 To March 31, 2001
                                                 -------------                -------------                 -----------------
<S>                                              <C>                          <C>                           <C>
Revenues                                         $         0                  $        0                    $         0

Expenses
   General and Administrative                         39,180                      16,118                        734,724

Other Income
   Interest Income                                     2,063                       2,493                         24,007


Net Income (Loss) Available to Common            $   (37,117)                 $  (13,625)                   $  (710,717)

Stockholders

Basic Loss Per Common Share                      $    (0.004)                 $   (0.001)                   $    (0.069)



Basic Weighted Average Common Shares              10,300,000                  10,300,000                     10,300,000
Outstanding

</TABLE>

<PAGE>


                                ZETA CORPORATION
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
             FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000, AND
       FOR THE PERIOD FROM INCEPTION (OCTOBER 21, 1997) TO MARCH 31, 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                                  From Inception
                                                                Three Months Ended March    Three Months Ended    (October 21, 1997)
                                                                31, 2001                    March. 31, 2000       to March 31, 2001
                                                                --------                    ---------------       -----------------
<S>                                                             <C>                         <C>                   <C>
Cash Flows From Operating Activities
   Net Loss                                                     $     (37,118)              $        (13,625)     $      ( 710,717)
   Depreciation                                                           289                                                  868
   Common Stock Issued For Services                                                                                        403,000
   Adjustments to Reconcile Net Loss to Net Cash Used
By Operating Activities
   Changes in Assets and Liabilities
      (Increase) Decrease in Prepaid Expenses                                                                                 (125)
      (Increase) Decrease in Organization Costs
       Increase (Decrease) in Accounts Payable                         36,050                                               86,230

   Total Adjustments                                                   36,339                              0               489,973

Net Cash Used By Operating Activities                                    (779)                       (13,625)             (220,744)

Cash Flows From Investing Activities
   Purchase of Property and Equipment                                                                                       (3,471)

Net Cash Flows From Investing Activities                                    0                              0                (3,471)

Cash Flows From Financing Activities
   Proceed From Issuance of Common Stock                                                                                   375,000

Net Cash Provided By Financing Activities                                   0                              0               375,000


Increase (Decrease) in Cash and Cash Equivalents                         (779)                       (13,625)              150,785
Cash and Cash Equivalents, Beginning of Year                          151,564                        181,884                     0

Cash and Cash Equivalents, End of Year                          $     150,785               $        168,259      $        150,785

</TABLE>


<PAGE>


                                ZETA CORPORATION
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
             FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000, AND
       FOR THE PERIOD FROM INCEPTION (OCTOBER 21, 1997) TO MARCH 31, 2001
                                   (Unaudited)


Supplemental Information

<TABLE>
<CAPTION>
                                                                                                         From Inception
                                                          Three Months Ended    Three Months             (October 21, 1997) to
                                                          March 31, 2001        Ended March 31, 2000     March 31, 2001
                                                          --------------        --------------------     --------------
<S>                                                       <C>                   <C>                      <C>
Cash Paid For:
      Interest                                             $              0     $            0           $              0

      Income Taxes                                         $              0     $            0           $              0


   Noncash Investing and Financing Activities:
      Common Stock Issued For Services                     $              0     $            0           $        403,000


</TABLE>


<PAGE>

                                ZETA CORPORATION
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                             MARCH 31, 2001 AND 2000

The accompanying  unaudited interim  financial  statements have been prepared in
accordance  with  Form  10QSB  and in the  opinion  of  management  of ZETA (The
Company),  include all normal adjustments considered necessary to present fairly
the financial  position as of March 31, 2001 and the results of  operations  for
the  three  months  ended  March  31,  2001 and 2000.  These  results  have been
determined  on  the  basis  of  generally  accepted  accounting  principles  and
practices and applied  consistently  with those used in the  preparation  of the
Company's audited financial statements and notes for the year ended December 31,
2000.  The  accompanying   financial  statements  also  have  been  prepared  in
conformity with generally  accepted  accounting  principles,  which contemplates
continuation of the Company as a going concern.  The continuation of the Company
as a going concern is dependent upon the Company's  ability to establish  itself
as a profitable  business.  It is the Company's  belief that it will continue to
require   additional  funds  to  be  obtained  from  private  or  public  equity
investments,  and possible  future  collaborative  agreements to become a viable
entity.

Certain information and footnote  disclosures normally included in the financial
statements presented in accordance with generally accepted accounting principles
have been condensed or omitted. It is suggested that the accompanying  unaudited
interim  financial   statements  be  read  in  conjunction  with  the  financial
statements  and notes thereto  incorporated  by reference in the Company's  2000
Annual Report on Form 10KSB.

<PAGE>

ITEM 2. Management's  discussion and Analysis of financial condition and results
        of operations

When used in this discussion,  the words "believes,"  "anticipates,"  "expects,"
and similar  expressions  are intended to identify  forward-looking  statements.
Such  statements  are subject to certain  risks and  uncertainties,  which could
cause actual  results to differ  materially  from those  projected.  Readers are
cautioned not to place undue reliance on these forward-looking statements, which
speak only as of the date hereof.  Actual  results,  performance or achievements
could  differ   materially  from  those  anticipated  in  such  forward  looking
statements  as a result of numerous  factors,  including  but not limited to the
Company's  ability to continually  expand its  subscriber  base and opt-in email
lists, market its services to potential advertisers,  the regulatory environment
in which the Company  operates,  future  acceptance  of its  services  and other
factors  described in the  company's  filings with the  Securities  and Exchange
Commission.   The  Company   undertakes  no  obligation  to  republish   revised
forward-looking  statements to reflect  events or  circumstances  after the date
hereof or to reflect the occurrence of  unanticipated  events.  Readers are also
urged to  carefully  review and  consider  the various  disclosures  made by the
Company which attempt to advise  interested  parties of the factors which affect
the  Company's  business,  in this  report,  as well as the  Company's  periodic
reports on Forms 10-KSB,  10QSB and 8-K filed with the  Securities  and Exchange
Commission.

Overview
--------

The Company is  currently  developing a website  (www.newcompanycapital.com)  to
serve as an online community for  entrepreneurs  and start-up  companies seeking
capital and accredited  investors seeking to invest. The Company plans to charge
a listing fee to entrepreneurs  and start-up  companies seeking to raise capital
by posting  their  executive  summaries in a password  protected  section of the
website.  Accredited  investors  seeking greater detail before investing will be
charged a viewing fee to access  business plans.  The information  posted on the
web site will not consist of  offering  material  nor will the Company  offer or
sell  securities.  The  Company's  website  will serve  strictly as a conduit or
meeting place. The Company will not collect commissions or any other fees, other
than a listing fee from the client company or entrepreneur seeking capital and a
viewing fee from the  investor.  The  Company  will not be involved in any other
aspect of the client company's  business,  nor in the decision making process of
the investor.

Results of Operations
---------------------

Revenues. The Company has generated zero revenues since inception.  To date, the
Company has not relied on revenues for funding.

For the next  twelve to twenty  four  months,  the  Company  expects to generate
minimal, if any, revenues due to the early stage of its operations.

General and Administrative  Expenses.  During the three month period ended March
31,  2001 and 2000,  the  Company  incurred  $39,180  and $16,118 in general and
administrative  expenses,  respectively.  This increase of $23,062,  or 143%, is
primarily a result of increased  expenses incurred for management fees and other
expenses related to the ongoing development of the Company's website.

<PAGE>

Interest  Income.  Interest  income was  $2,063  and $2,493 for the three  month
period  ended  March 31,  2001 and 2000,  respectively.  Interest  earned in the
future will be  dependent  on Company  funding  cycles and  prevailing  interest
rates.

Provision for Income  Taxes.  As of March 31, 2001,  the  Company's  accumulated
deficit was  $710,717 and as a result,  there has been no  provision  for income
taxes to date.

Net Loss.  For the three month period ended March 31, 2001 and 2000, the Company
recorded a net loss of $37,118  or $0.004 per share,  and  $13,625 or $0.001 per
share, respectively.

Liquidity and Capital Resources
-------------------------------

As at March 31, 2001,  the Company had a cash  balance of $150,785,  compared to
$151,564 as at December 31, 2000.

Net cash used by operating activities was $779 for the three month period ending
March 31,  2001,  compared  to net cash used of $13,625  for the same  period in
2000.  This change of $12,847 was primarily due an increase in accounts  payable
of $36,050.

The Company's future funding requirements will depend on numerous factors. These
factors include the Company's ability to operate its business  profitably in the
future,  recruit and train qualified management,  technical and sales personnel,
and  the  Company's  ability  to  compete  against  other,   better  capitalized
corporations who offer similar web based services.

The  Company  may raise  additional  funds  through  private  or  public  equity
investment  in order to expand the range and scope of its  business  operations.
The  Company  may seek  access to the  private or public  equity but there is no
assurance  that such  additional  funds  will be  available  for the  Company to
finance its operations on acceptable terms, if at all.

PART II - Other Information

Item 1    Legal Proceedings

None

Item 2    Changes in Securities

None

Item 3    Defaults Upon Senior Securities

None

Item 4    Submission of Matters to a Vote of Security Holders

None

<PAGE>

Item 5    Other Information

None

Item 6    Exhibits and Reports on Form 8-K

(a) Exhibits

Financial Data Schedule

(b) Reports on Form 8-K

None

                                 Signature Page

     Pursuant  to the  requirements  of  section  13 or 15(d) of the  Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                                                ZETA CORPORATION


                                                             /s/ Harmel S. Rayat
                                                             -------------------
                                                                 Harmel S. Rayat
                                                               CEO and President


                                                                /s/ Lance Dusanj
                                                               -----------------
                                                                    Lance Dusanj
                                                                        Director


                                                          /s/ Harvinder Dhaliwal
                                                               -----------------
                                                              Harvinder Dhaliwal
                                                 Director, Secretary & Treasurer



Dated: May 10, 2001
</TEXT>
</DOCUMENT>
</SUBMISSION>
