<SUBMISSION>
<ACCESSION-NUMBER>0001023856-01-500052
<TYPE>10QSB
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20010630
<FILING-DATE>20010809
<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>1701828
</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>q210qsb.txt
<DESCRIPTION>FORM 10QSB
<TEXT>
                                  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 June 30, 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 August 3,  2001,  there were
50,133,332  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 JUNE 30, 2001


                                      INDEX



                          PART I FINANCIAL INFORMATION

Item 1 Financial Statements

Balance Sheet as of June 30, 2001............................................. 3

Statement of Operations for the Quarter Ended June 30, 2001, and 2000......... 4

Statement of Cash Flows for the Quarter Ended June 30, 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


<PAGE>



ITEM 1 Financial Statements
---------------------------


                                ZETA CORPORATION

                          (A Development Stage Company)
                                  BALANCE SHEET
                       JUNE 30, 2001 AND DECEMBER 31, 2000
                                   (Unaudited)



<TABLE>
<CAPTION>
ASSETS                                                            2001                 2000
                                                                  ----                 ----
<S>                                                               <C>                  <C>
Current Assets

   Cash                                                           $  146,379           $  151,564
   Prepaid Expenses                                                      125                  125
Total Current Assets                                              $  146,504           $  151,689


Fixed Assets
   Computer Equipment-Net                                              2,314                2,892


Total  Assets                                                     $  148,818           $  154,581
                                                                  ===========          ===========


LIABILITIES AND  STOCKHOLDERS' EQUITY


Current Liabilities

   Accounts Payable and Accrued Payable                           $  122,280           $   50,180
                                                                  ----------           ----------


Stockholders' Equity

   Preferred Stock: $0.10 Par Value; Authorized Shares,
     1,000,000 shares; Issued and Outstanding,                    None                 None
     None
   Common Stock: $0.001 Par Value; Authorized Shares,
 300,000,000; Issued and Outstanding, 41,200,000                      41,200               41,200
   Additional Paid In Capital                                        736,800              736,800
   Loss Accumulated During the Development Stage                    (751,462)            (673,599)
Total Stockholders' Equity                                            26,538              104,401
                                                                      ------              --------


Total Liabilities and Stockholders' Equity                        $  148,818           $  154,581
                                                                  =========            ==========

</TABLE>


<PAGE>




                                ZETA CORPORATION
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
            FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2001 AND 2000
             AND FROM INCEPTION (OCTOBER 21, 1997) TO JUNE 30, 2001
                                   (Unaudited)


<TABLE>
<CAPTION>

                                                                                                              From
                                                                                                              Inception
                                      For The Three     For The Three     For The Six       For The Six       (October 21,
                                      Months Ended      Months Ended      Months Ended      Months Ended      1997) to
                                      June 30, 2001     June 30, 2000     June 30, 2001     June 30, 2000     June 30, 2001
                                      -------------     -------------     -------------     -------------     -------------
<S>                                   <C>               <C>               <C>               <C>               <C>
Revenues                              $          0      $          0      $          0     $           0      $          0

Expenses
   General and Administrative               42,315             2,759            81,494            18,877           777,039


Other Income

   Interest Income                           1,570             2,575             3,632             5,068            25,577
                                             -----             -----             -----             -----            ------


Net loss available to common
stockholders                          $    (40,745)     $       (184)     $    (77,862)    $     (13,809)      $  (751,462)
                                      ============      ============      ============     =============       ===========

Basic loss per common share           NIL               NIL               $    ( 0.002)    NIL
                                                                          =============
Basic weighted average
common shares outstanding               41,200,000        41,200,000        41,200,000        41,200,000
                                        ==========        ==========        ==========        ==========

</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
                                                                      Six Months            Six Months            Inception
                                                                      Ended June 30,        Ended June 30,        (October 21,
                                                                      2001                  2000                  1997) to June
                                                                      ----                  ----                  30, 2001
                                                                                                                  --------
<S>                                                                   <C>                   <C>                   <C>
Cash Flows From Operating Activities

   Net Loss                                                           $     (77,862)        $      (13,809)       $      (751,462)
   Depreciation                                                                 577                                         1,157

   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                                                                                 0
       Increase (Decrease) in Accounts Payable                               72,100                    100                122,280
                                                                             ------                    ---                -------
   Total Adjustments                                                         72,677                    100                526,312
                                                                             ------                    ---                -------
Net Cash Used By Operating Activities                                        (5,185)               (13,709)             ( 225,150)

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                             (5,185)               (13,625)               146,379

Cash and Cash Equivalents, Beginning of Year                                151,564                181,884                      0
                                                                            -------                -------                      -
Cash and Cash Equivalents, End of Year                                $     146,379         $      168,259        $       146,379
                                                                      =============         ==============        ===============

</TABLE>




<PAGE>




                                ZETA CORPORATION
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
              FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000, AND
        FOR THE PERIOD FROM INCEPTION (OCTOBER 21, 1997) TO JUNE 30, 2001
                                   (Unaudited)


<TABLE>
<CAPTION>
Supplemental Information

                                                                                                                  From
                                                                      Six Months            Six Months            Inception
                                                                      Ended June 30,        Ended June 30,        (October 21,
                                                                      2001                  2000                  1997) to June
                                                                      ----                  ----                  30, 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
                             JUNE 30, 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 June 30, 2001 and the results of operations for the
three and six  months  ended June 30,  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.


Note 1 - Earnings per share
---------------------------

Basic  earnings  or loss per share is based on the  weighted  average  number of
shares  outstanding  during  the  period of the  financial  statements.  Diluted
earnings or loss per share are based on the  weighted  average  number of common
shares outstanding and dilutive common stock equivalents.  All per share and per
share information are adjusted retroactively to reflect stock splits and changes
in par value,  when  applicable.  All earnings or loss per share  amounts in the
financial  statements are basic earnings or loss per share.  The  computation of
basic loss per share is as follows:

<TABLE>
<CAPTION>
                                            3 m/e             6 m/e             3 m/e            6 m/e
                                            6/30/01           6/30/01           6/30/00          6/30/00
                                            -------           -------           -------          -------
<S>                                         <C>               <C>               <C>              <C>
Net loss available to common
   stockholders                             $   (40,475)      $      (184)      $ (77,862)       $   (13,809)
Weighted average number
  of common shares outstanding              41,200,000        41,200,000        41,200,000       41,200,000
Basic loss per common share                 $    Nil          $    Nil          $  (0.002)       $   Nil

</TABLE>

<PAGE>

Note 2 - Going Concern
----------------------

The Company is a development stage company and is devoting  substantially all of
its present  efforts in  establishing  a new  business.  The Company has limited
operations and has not yet relied on revenues for funding. The Company's working
capital funds have been satisfied through its cash reserves, which were obtained
through the issuance of common stock.  The Company's  ability to meet its future
funding  requirements and the success of future  operations cannot be determined
at this time.  These  conditions  raise  substantial  doubt about the  Company's
ability to continue as a going concern.

Management's    plans    include    continuing    to   develop   its    website,
www.newcompanycapital.com,  and eventually derive revenues by charging a listing
fee for  executive  summaries  posted on the sit of  entrepreneurs  and start-up
companies seeking to raise capital.  Additional funding may be necessary for the
Company's  development  plans. There can be no assurance that additional funding
will be available when needed or, if available, that the terms of such financing
will be on acceptable terms. The Company's  financial  statements do not include
any adjustments to reflect the possible future effects on the recoverability and
classification  of assets or the amounts and  classification of liabilities that
may result from the outcome of this uncertainty.

Note 3 - Subsequent Events
--------------------------

     A.   On  July  12,  2001,  a  majority  of the  shareholders  approved  the
          following at its Annual General Shareholders Meeting:

          (1)  Four to one forward split of the Company's common stock,  with no
               change in par value. All per share and per share information have
               been adjusted retroactively to reflect the split.

          (2)  Approval of the Company's 2001 stock option plan with  10,000,000
               common shares reserved for issuance thereunder.

          (3)  Increase  in  the   authorized   capital  of  the  Company   from
               100,000,000  to  300,000,000  shares of $0.001  par value  common
               stock.

     B.   On July 13, 2001, the Company issued 2,233,333 restricted common stock
          (pre-forward  split) at $0.06 per share for the conversion of $134,000
          of debt to equity.

<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 has developed  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. The Company has yet to demonstrate profitable operations.

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.




<PAGE>



     General and  Administrative  Expenses.  During the three month period ended
June 30, 2001 and 2000, the Company  incurred  $42,315 and $2,759 in general and
administrative expenses,  respectively.  This increase of $39,556, or 1,434%, is
primarily a result of increased  expenses incurred for management fees and other
expenses related to the Company's business.  For the six month period ended June
30,  2001 and 2000,  the  Company  incurred  $81,494  and $18,877 in general and
administrative expenses,  respectively.  This increase of $62,617, or 3,317%, is
primarily a result of increased  expenses incurred for management fees and other
operational expenses.

     Interest Income.  Interest income was $1,570 and $2,576 for the three month
period ended June 30, 2001 and 2000, respectively, and $3,632 and $5,068 for the
six month period ended June 30, 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 June 30, 2001, the Company's  accumulated
deficit was  $751,462 and as a result,  there has been no  provision  for income
taxes to date.

     Net Loss.  For the three month  period  ended June 30,  2001 and 2000,  the
Company  recorded a net loss of  $40,745,  and $184,  respectively.  For the six
month  period ended June 30, 2001 and 2000,  the Company  recorded a net loss of
$77,862 and $13,809, respectively. Liquidity and Capital Resources

     As at June 30, 2001,  the Company had a cash balance of $146,379,  compared
to $151,564 as at December 31, 2000.

     Net cash used by operating  activities  was $5,185 for the six month period
ending June 30,  2001,  compared to net cash used of $13,709 for the same period
in 2000.

Plan of Operation
-----------------

     For the next twelve  months,  the Company plans to continue  developing its
website,  www.newcompanycapital.com,  and  eventually  charge a listing  fee for
executive  summaries posted on the site by entrepreneurs and start-up  companies
seeking  to  raise  capital.  The  Company  does  not  expect  to  purchase  any
significant  equipment,  hire any  additional  employees,  or incur  significant
research and development expenses.  The Company has sufficient cash requirements
to satisfy its cash needs over the next twelve  months.  However,  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
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.





<PAGE>



                          PART II - Other Information

Item 1    Legal Proceedings
---------------------------

         None

Item 2    Changes in Securities
-------------------------------

     A four for one forward split of the Company's common stock,  with no change
in par value, was approved by the Company's  shareholders,  to be effective July
31, 2001. All share and per share  information have been adjusted  retroactively
to reflect  the  split.  The  shareholders  also  approved  an  increase  in the
authorized common stock from one hundred million  (100,000,000) to three hundred
million (300,000,000) shares, with the par value remaining the same.

Item 3    Defaults Upon Senior Securities
-----------------------------------------

         None

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

     On July 12, 2001,  at the annual  shareholders  meeting,  the  shareholders
approved a four to one forward  split of the  Company's  common  stock,  with no
change in par value,  effective  July 31, 2001,  the Company's 2001 Stock Option
Plan  and an  increase  in the  authorized  common  stock  from  100,000,000  to
300,000,000 at the same par value.

Item 5    Other Information
---------------------------

         None

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

         (a) Exhibits

               None

         (b) Reports on Form 8-K

               (1)  On July  23,  2001,  the  Company  filed  and 8-k  with  the
                    Commission  under Item 5  regarding  a four for one  forward
                    split of the Company's common stock.

               (2)  On  August  1,  2001,  the  Company  filed  and 8-K with the
                    Commission  under Item 5 regarding the issuance of 2,233,333
                    shares  (pre-forward  split)  of  common  stock at $0.06 per
                    share  for the  conversion  of  $134,000  shares  of debt to
                    equity.





<PAGE>


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: August 8, 2001




<PAGE>



</TEXT>
</DOCUMENT>
</SUBMISSION>
