SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-QSB

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

FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2001

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

For the transition period from _______________ to _______________.

COMMISSION FILE NUMBER 1-28733

YOUTICKET.COM, INC.
(Exact name of registrant as specified in its charter)

NEVADA 88-0430607
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

4815 RUSSELL ROAD, SUITE 14-N
LAS VEGAS, NEVADA 89118
(Address of principal executive offices) (Zip Code)

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (702) 876-8200

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 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 .
---- -----

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes No .
----- -----

APPLICABLE ONLY TO CORPORATE ISSUERS

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 8, 2001, there
were 4,101,179 shares of common stock issued and outstanding.

TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT
(check one):

Yes No X .
----- ------

YOUTICKET.COM, INC.

TABLE OF CONTENTS
-----------------

PART I

Item 1 Financial Statements

Item 2 Management's Discussion and Analysis or Plan of Operations

PART II

Item 1 Legal Proceedings

Item 2 Changes in Securities and Use of Proceeds

Item 3 Defaults Upon Senior Securities

Item 4 Submission of Matters to a Vote of Security Holders

Item 5 Other Information

Item 6 Exhibits and Reports on Form 8-K

PART I

This Quarterly Report includes forward-looking statements within the meaning of
the Securities Exchange Act of 1934 (the "Exchange Act"). These statements are
based on management's beliefs and assumptions, and on information currently
available to management. Forward-looking statements include the information
concerning possible or assumed future results of operations of the Company set
forth under the heading "Management's Discussion and Analysis of Financial
Condition or Plan of Operation." Forward-looking statements also include
statements in which words such as "expect," "anticipate," "intend," "plan,"
"believe," "estimate," "consider" or similar expressions are used.

Forward-looking statements are not guarantees of future performance. They
involve risks, uncertainties and assumptions. The Company's future results and
shareholder values may differ materially from those expressed in these
forward-looking statements. Readers are cautioned not to put undue reliance on
any forward-looking statements.

ITEM 1 FINANCIAL STATEMENTS
3

YOUTICKET.COM, INC.
CONSOLIDATED BALANCE SHEET
JUNE 30, 2001
(UNAUDITED)

June 30 December 31,
2001 2000
ASSETS

Current Assets
Cash $ - $ -
Accounts Receivable 2,276 1,336
Prepaid Expenses - 1,105

Total Current Assets 2,276 2,441

Property and Equipment at cost, net of accumulated 38,588 45,053
depreciation of $19,547
Other Assets 9,899 8,794

Total Assets $ 50,763 $ 56,288

LIABILITIES AND SHAREHOLDER'S DEFICIT

Current Liabilities
Accounts Payable $ 217,970 $ 221,769
Accrued Expenses 152,728 142,134
Notes Payable 74,630 79,630
Accrued Compensation - -

Total Current Liabilities 445,329 443,533

Total Liabilities 445,329 443,533

Shareholder's Equity
Common Stock, .0001 par Value,
100,000,000 shares authorized,
2,084,665 shares issued and outstanding
at June 30, 2001, and 32,465,272 at
December 31, 2000. 208 3,246
Additional Paid in Capital 3,537,133 2,539,128
Deferred Compensation (49,271) (95,771)
Accumulated Deficit (3,882,637) (2,833,848)

Total Shareholder's Equity (394,566) (387,245)

Total Liabilities and Shareholder's Equity $ 50,763 $ 56,288

See Accompanying Notes to Consolidated Financial Statements

YOUTICKET.COM, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2001 AND 2000
(UNAUDITED)

Three Months Ended Six Months Ended
-------------------- --------------------
June 30, June 30, June 30, June 30,
-------- -------- -------- ----------
2001 2000 2001 2000

Revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 44,511 $ 76,932 $ 95,068 $ 171,499

Cost of Revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,133 54,596 61,569 139,841

Gross Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,378 22,336 33,498 31,658

Selling, General and Administrative Expenses . . . . . . . . . . . . . . 875,551 360,435 1,082,287 805,530

Amortization of Goodwill . . . . . . . . . . . . . . . . . . . . . . . . - 43,202 - 86,405

Net Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (854,172) $(381,301) $(1,048,789) $(860,277)

Net Loss per common share. . . . . . . . . . . . . . . . . . . . . . . . $ (0.41) $ (0.71) $ (0.64) $ (1.64)

Weighted average number of common shares outstanding (basic and diluted) 2,084,665 535,921 1,627,992 524,493

See Accompanying Notes to Consolidated Financial Statements

YOUTICKET.COM, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000
(UNAUDITED)

June 30, June 30
2001 2000

Cash flows form operating activities
Net Loss . . . . . . . . . . . . . . . . . . . $(1,048,789) $(860,277)
Adjustments to reconcile net loss to net cash
used in operating activities:
Stock Issued for Services. . . . . . . . . . . 994,967 426,255
Compensation Value of Debt Conversion. . . . . (95,000)
Depreciation and amortization. . . . . . . . . 6,467 91,113
Deferred Compensation. . . . . . . . . . . . . 46,500 33,304
Changes in operating assets and liabilities
Accounts Receivable. . . . . . . . . . . . . . (940) 22,756
Other Assets . . . . . . . . . . . . . . . . . - 5,206
Accounts Payable . . . . . . . . . . . . . . . (3,799) (18,492)
Accrued Expenses . . . . . . . . . . . . . . . 10,594 131,757
Accrued Compensation . . . . . . . . . . . . . - 4,808
----------- ---------
Net cash used in operating activities . . . . . . . . (90,000) (163,570)
----------- ---------

Cash flow from investing activities
Purchase of property and equipment . . . . . . - (44,480)
----------- ---------
Cash flows from financing activities
Bank Overdraft. . . . . . . . . . . . . . . . . . . . - -
Proceeds from Notes Payable . . . . . . . . . . . . . 90,000 200,000

Net cash provided by financing activities . . . . . . 90,000 200,000
---------- ---------
Increase/(Decrease in Cash) . . . . . . . . . . . . . - (8,050)
Cash, beginning of period
- 18,360
Cash, end of period
$ - $ 10,310
===================================================== ============ ==========

See Accompanying Notes to Consolidated Financial Statements

YOUTICKET.COM, INC.
FORM 10-QSB

NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS

JUNE 30, 2001

1. BASIS OF PRESENTATION:

The Unaudited Consolidated Financial Statements included herein have been
prepared by Registrant and include all normal and recurring adjustments which
are, in the opinion of Management, necessary for a fair presentation of the
financial position at June 30, 2001 and December 31, 2000. The results of
operations for the three and six months ended June 30, 2001 and 2000 and the
statements of cash flows for the six months ended June 30, 2001 and 2000 have
been prepared pursuant to the rules and regulations of the Securities and
Exchange Commission. The consolidated financial statements include the accounts
of youticket.com, inc. and any wholly-owned subsidiaries. All material
intercompany accounts and transactions have been eliminated. Certain
information and footnote disclosures normally included in consolidated financial
statements prepared in accordance with generally accepted accounting principles
have been condensed or omitted pursuant to such rules and regulations. The
Company believes that the disclosures made in these financial statements are
adequate to make the information presented not misleading when read in
conjunction with the financial statements and notes thereto included in the
Company's latest audited financial statements which were included in the Form
10-KSB filed with the SEC. Certain reclassifications of prior year amounts have
been made to conform to current year presentations. The results of operations
for the subject periods are not necessarily indicative of the results for the
entire year.

2. COMPANY

The Company was organized May 9, 1996, under the laws of the State of
Nevada, as BNE Associates, Inc. On June 30, 1999, the Company acquired
Visitcom, Inc. ("Visitcom") and the Company changed its name to youticket.com,
inc. (the "Company").

The Company operates an Internet show and tour ticketing website,
www.youticket.com, which offers an increasing range of ticketing and reservation
--------
services for entertainment, tours, and travel for the Las Vegas and the
surrounding market areas. In addition to selling tickets through its website,
youticket.com also enables customers to purchase its products via its toll-free
telephone numbers. Currently, the company has strategic relationships with
Goalnet (Japan), National Reservation Bureau, Inc, Golf Reservations of Nevada,
Inc. and various leading hotels and casinos in Las Vegas. youticket.com has
also formed alliances with www.playersnetwork.com, and www.travelnow.com.
---------------------- -------------

3. LOSS PER SHARE

Basic earnings per share are calculated by dividing net income (loss) by
the weighted average number of common shares outstanding during the period.
Diluted earnings per share is calculated by dividing net income by the basic
shares outstanding and all dilutive securities, including stock options, but
does not include the impact of potential common shares which would be
antidilutive.

YOUTICKET.COM, INC.
FORM 10-QSB

NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (CON'T)

JUNE 30, 2001

Three Months Ended Six Months Ended
June 30, June 30, June 30, March 31,
2001 2000 2001 2000
--------- -------- --------- -----------

Loss (854,172) (381,301) (1,048,789) (860,277)

Weighted number of
common shares outstanding 2,084,665 535,921 1,627,992 524,493

Effect of diluted securities - - - -

Basis and diluted loss
per share (.41) (.71) (.64) (1.64)

4. STOCK ISSUANCE

On February 2, 2001 we issued 2,000,000 shares of common stock to Jeff Harvey,
President of the Company, as compensation. On that same date, we issued
1,200,000 shares of common stock to Stockbroker Presentations, Inc. in payment
of services through that date. We also issued an additional 1,200,000 shares of
common stock to International Investment Banking, Inc. as compensation. The
aggregate value of the above services and compensation, based on the stock price
on the dates of issuance, was $137,280.

On April 2, 2001, we cancelled 388,500 shares of common stock originally issued
to prior legal counsel to the Company. On that same date, we cancelled
11,327,140 shares of treasury stock.

On April 25, 2001, we issued 24,063,167 shares of common stock to four entities
upon the conversion of an outstanding promissory note valued at $177,000, plus
interest of $4,103. On that same date, we issued 2,000,000 shares of common
stock as compensation for services valued at $60,000.

Effective June 5, 2001, the issued and outstanding shares of common stock
of the Company underwent a 1-for-30 reverse stock split.

5. CONTINGENCIES

The Company is party to legal claims arising in the normal course of
business. In the opinion of management, resolution of such matters will not
have a material adverse effect on the Company's financial position, results of
operations or cash flows.

ITEM 2 MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

QUALIFIED REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

Our independent accountant has qualified his report, stating that the
audited financial statements of youticket.com for the period ending December 31,
2000 have been prepared assuming the company will continue as a going concern.
They note that the significant losses of our company as of December 31, 2000,
and the negative working capital at December 31, 2000, raise substantial doubt
about our ability to continue in business.

We had significant losses of $1,048,789 for the six month period ended June
30, 2001. We have funded losses by the sale of additional securities. We
expect losses to continue. We have no sources of long-term capital. To the
extent losses continue and we are unable to fund them, we may have to curtail
aspects of our operations or cease operations altogether. We anticipate having
sufficient cash flow from operations and cash to fund our operations into the
third quarter of fiscal year 2001, we cannot predict how long we will be able to
remain operational into the future.

RESULTS OF OPERATIONS

Revenue

We had revenues of $44,511 for the quarter ended June 30, 2001, a decrease
of 42% from revenues of $76,932 during the comparable quarter in 2000. For the
six month period ended June 30, 2001, we had revenues of $95,068, a decrease of
44% from revenues of $171,499 during the comparable six month period in 2000.
Our revenues were primarily derived from the sale of show tickets and tour
tickets via our website. This decrease in revenues is attributable to slower
sales in show and tour tickets as a result of the termination of our contracts
with the Venetian Resort and Ticketmaster, as well as a decline in website hits.

Cost of Revenue

The cost of revenue decreased in the quarter ended June 30, 2001 by
$31,463, down 57% (from $54,596 to $23,133) as compared to the same quarter in
2000. The cost of revenue for the six months ended June 30, 2001 decreased by
$78,272, down 55% (from $139,841 to $61,569) as compared to the same six month
period in 2001. The cost of revenue primarily represents the costs of show and
tour tickets and commissions to our alliances. The decrease in the cost of
revenue was attributable to the decrease in our sales volume.

Gross Profit

Gross profit decreased by 4% in the quarter ended June 30, 2001 as compared
to the same quarter in 2000. This decrease is not considered material by
management given the concurrent decrease in revenues and cost of revenue. Gross
profit for the six month period ended June 30, 2001 increased by 5% as compared
to the same six month period in 2000. The increase in margins was attributable
to lower commissions, due to the contract termination with the Venetian Hotel
and Ticketmaster.

Selling, General and Administrative

Selling, General and Administrative expenses were $875,551 for the quarter
ended June 30, 2001, an increase of $515,116, or 142% as compared to the same
quarter in 2000. These expenses consisted of $781,895 in non-cash investor
relations compensation paid with the issuance of stock, $19,875 in legal fees,
and $36,497 in salaries and wages, and $23,250 in non-cash compensation expense
related to the issuance of stock. SG&A expenses were $1,082,287 for the six
month period ended June 30, 2001, an increase of $276,757, or 34%, as compared
to the same period in 2000. The cash expenses were principally the costs
associated with developing the website, salaries, rent, professional fees,
investor relations, selling and marketing costs and general overhead. The
non-cash expenses were the costs associated with the issuance of common stock as
compensation.

Net Losses

Net Losses for quarter ended June 30, 2001 were $854,172 as compared to $381,301
for the same period in 2000, an increase of 124%. Net losses for the six month
period ended June 30, 2001 were $1,048,789 as compared to $860,277 for the same
period in 2000, an increase of 21%. The increase in net loss for both periods
is attributable to higher selling, general and administrative expenses, costs of
operations, administrative and non-cash expenses. Operational losses are
expected to continue as we seek to develop and expand the business.

Liquidity and Capital Requirements

The cash balance of the Company at the beginning and end of the six month
period ended June 30, 2001 was period was zero. The working capital
requirements of youticket.com are anticipated to be funded by the issuance of
stock for services and the sale of stock to private investors. We will require
additional capital financing to continue to develop our business. Capital funds
are required for operating losses and to further our web site development,
marketing, and strategic alliances and acquisitions. We have determined that
the funds needed for full implementation of our current business plan will be
substantial. If we are unable to raise capital or increase our revenues, we
will have to curtail aspects of our business plan and operations or cease our
operations altogether.

The accumulated deficit has increased by $1,048,789 to $3,882,637, during
the period from December 31, 2000 to June 30, 2001, while the deficit in
shareholders equity has increased by $7,321 to $394,566, during that same
period.

PART II

ITEM 1 LEGAL PROCEEDINGS

There have been no material developments to the reportable events in the
Company's Form 10-KSB filed with the SEC on April 13, 2001.

ITEM 2 CHANGES IN SECURITIES AND USE OF PROCEEDS

On February 2, 2001 we issued 2,000,000 shares of common stock to Jeff
Harvey, President of the Company, as compensation. On that same date, we
issued 1,200,000 shares of common stock to Stockbroker Presentations, Inc. in
payment of services through that date. We also issued an additional 1,200,000
shares of common stock to International Investment Banking, Inc. as
compensation. The aggregate value of the above services and compensation, based
on the stock price on the dates of issuance, was $137,280. All of the issuances
were exempt from registration pursuant to Section 4(2) of the Securities Act of
1933.

On April 2, 2001, we cancelled 388,500 shares of common stock originally
issued to prior legal counsel to the Company. On that same date, we cancelled
11,327,140 shares of treasury stock.

On April 25, 2001, we issued 6,063,167 shares of common stock to Mistral
International Ltd., 6,000,000 shares to Crystal Asset Management, Inc.,
6,000,000 to Corporate Service Providers, Inc., and 6,000,000 shares to LC
Capital, Inc., each an assignee of an outstanding promissory note, upon
conversion of said note. All of the issuances were exempt from registration
pursuant to Section 4(2) of the Securities Act of 1933.

On April 25, 2001, we issued 2,000,000 shares of common stock to R&V of
Islamorada, Inc. as compensation for services rendered to the Company. The
issuance was exempt from registration pursuant to Section 4(2) of the Securities
Act of 1933.

Effective June 5, 2001, the issued and outstanding shares of common stock
of the Company underwent a 1-for-30 reverse stock split.

ITEM 3 DEFAULTS UPON SENIOR SECURITIES

There have been no events which are required to be reported under this
Item.

ITEM 4 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The Company held its annual meeting of stockholders on June 4, 2001.
Proxies were not solicited from the shareholders.

Three individuals were elected to the Company's Board of Directors, namely
Carl E. Dilley, Jeffrey M. Harvey, and Donald A. Mitchell. Messrs. Harvey and
Mitchell were Directors of the Company prior to the meeting, while Mr. Dilley
was nominated by the Board of Directors and elected to serve his first term.
Three individuals who were previously Directors of the Company elected not to
stand for re-election, namely Byron Rambo, Virginia Thompson and Alexander H.
Williams. The results of the voting were as follows:

Director . . . . . Votes For Votes Against Votes Withheld
- ------------------ ---------- ------------- --------------
Carl E. Dilley . . 37,963,167 - -
Jeffrey M. Harvey. 37,963,167 - -
Donald A. Mitchell 37,963,167 - -

The other matters on which the shareholders voted, and the results of voting,
were:

(i) To amend the Articles of Incorporation of the Company to effectuate
1-for-30 reverse stock split of the presently issued and outstanding shares of
common stock and to authorize 10,000,000 shares of preferred stock.

Votes For Votes Against Votes Withheld
--------- ------------- --------------
37,963,167 - -

(ii) To adopt Restated Articles of Incorporation for the purpose of
consolidating previous amendments to the Company's Articles of Incorporation.

Votes For Votes Against Votes Withheld
--------- ------------- --------------
37,963,167 - -

(iii) To approve the youticket.com, inc. 2001 Stock Option Plan.

Votes For Votes Against Votes Withheld
--------- ------------- --------------
37,963,167 - -

(iv) To ratify the appointment of James E. Scheifley & Associates,
P.C. as independent auditors of the Company for the fiscal year ending December
31, 2001.

Votes For Votes Against Votes Withheld
--------- ------------- --------------
37,963,167 - -

ITEM 5 OTHER INFORMATION

Not applicable.

ITEM 6 EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

None.

(b) Reports on Form 8-K

On April 9, 2001, the Company filed an amended Current Report on Form 8-K/A
dated April 9, 2001 regarding Item 4 thereof, Changes in Registrants Certifying
Accountant.

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Dated: August 10, 2001
youticket.com, inc.

/s/ Jeffrey M. Harvey
______________________________
By: Jeffrey M. Harvey
Its: President

Dated: August 10, 2001 /s/ Maria Burkholder

______________________________
By: Maria Burkholder
Its: Treasurer