SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-QSB/A


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

                For the quarterly period ended September 30, 2001
                                       OR

[_]  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 1-12293

                               ESOFTBANK.COM INC.
        ----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

            Nevada                                       87-0394313
-------------------------------              -----------------------------------
(State or Other Jurisdiction of             (I.R.S. Employer Identification No.)
Incorporation or Organization)

                Block 2, Cybercity, South Hi-Tech Industrial Park
                              Shenzhen, PRC 518057
                  --------------------------------------------
                    (Address of principal executive offices)

                             7 011-86-755-671-6644
                 ----------------------------------------------
                (Issuer's Telephone Number, including Area Code)

                  Flat A, United Plaza, 5022 Binhe Main Street
                       Futian District Shenzhen, PRC 51802
          ---------------------------------------------------------------
         (Former Name, Former Address and Former Fiscal Year, if Changed
                               Since Last Report)

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  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 CORPORATE ISSUERS

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practical date.

Common Stock,  $.001 Par Value - 12,920,000  shares issued and outstanding as of
Nov. 13, 2001.



                                      Index
                      ESOFTBANK.COM, INC. and Subsidiaries

                                                                      Page No.
                                                                      ----------
Part I.  Financial Information

Item 1.  Financial Statements (Unaudited)

         Condensed consolidated balance sheets--September 30, 2001
         and December 31, 2000                                            3

         Condensed consolidated statements of operations--
         Three months ended September 30, 2001 and 2000                   5

           Condensed consolidated statements of operations--
           Nine months ended September 30, 2001 and 2000                  6

          Condensed consolidated statements of cash flows--
          Nine months ended September 30, 2001 and 2000                   7

          Notes to condensed consolidated financial statements--
          September 30, 2001                                              9

Item 2.   Management's Discussion and Analysis of Financial Condition
          and Results Of Operations                                      10

Part II.  Other Information

Item 1.   Legal Proceedings                                              14
Item 2.   Changes in Securities                                          14
Item 3.   Defaults Upon Senior Securities                                15
Item 4.   Submission of Matters to a Vote of Security Holders            15
Item 5.   Other Information                                              15
Item 6.   Exhibits and Reports on Form 8-K                               15

Signatures                                                               15





PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

                      ESOFTBANK.COM, INC. AND SUBSIDIARIES
                      Condensed CONSOLIDATED BALANCE SHEETS
                    September 30, 2001 and December 31, 2000
                                   (Unaudited)


                                             December 31,         September 30,
                                               2000             2001         2001
                                            (Unaudited)            (Unaudited)
                                                Rmb              Rmb           US$
                                             -----------       -------      --------
                                                                   

ASSETS
CURRENT ASSETS
Cash                                         3,221,718        1,482,580      178,624
Accounts receivable                            640,900        4,104,060      494,465
Deposits and other                           1,000,271          739,124       89,051
Advances to employees                          427,395          838,652      101,043
Costs and estimated earnings in excess of
billings on uncompleted contracts              207,944                -            -
                                            ----------       ----------   -----------
          TOTAL CURRENT ASSETS               5,498,228        7,164,416      863,183
                                            ----------       ----------   -----------
NONCURRENT ASSETS
 Long-term investment                        2,800,000        2,800,000      337,349
 Product development costs, net                852,995          804,156       96,886
 Fixed assets                                2,929,976        2,446,017      294,701
 Other                                         265,068               --           --
                                            ----------       ----------   -----------
          TOTAL NONCURRENT ASSETS            6,848,039        6,050,173      728,936
                                            ----------       ----------   -----------
          TOTAL ASSETS                      12,346,267       13,214,589    1,592,119
                                            ==========       ==========   ===========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
  Short-term loan                           16,000,000       16,000,000    1,927,711
  Accounts payable                             159,900          159,900       19,265
  Accrued expenses                                  --               --           --
Salaries, wages and other compensation         669,171          466,846       56,246
     Employee firings benefits                 635,988        1,187,685      143,095
     Taxes                                     355,713          110,662       13,333
     Other                                   1,588,513        1,430,165      172,309
  Customer deposits                             41,000        2,133,989      257,107



                                       3



                                                                 

  Billings in excess of costs and estimated
   earnings on uncompleted contracts            57,890          612,452       73,789
  Due to director                            2,316,408        4,034,428      486,076
  Due to related party - SiTech Holding             --          281,155       33,874
  Due to related party                              --          200,395       24,144
                                            ----------       ----------  ------------
          TOTAL CURRENT LIABILITIES         21,824,583       26,617,677    3,206,949
                                           -----------       ----------  ------------
MINORITY INTEREST                              261,925          197,493       23,794
                                           -----------       ----------  ------------
SHAREHOLDERS' EQUITY (DEFICIT)
Common stock - Par value US$.001; issued and
  outstanding - 12,920,000 shares              107,236          107,236       12,920
Additional paid-in capital                  52,715,431       52,715,431    6,351,257
Reserve funds                                  347,148          347,148       41,825
Accumulated deficit                        (62,910,056)     (66,770,396)  (8,044,626)
                                           ------------     ------------ ------------
 TOTAL SHAREHOLDERS' EQUITY (DEFICIT)       (9,740,241)     (13,600,581)  (1,638,624)
                                           ------------     ------------ ------------
TOTAL LIABILITIES AND
SHAREHOLDERS'EQUITY                         12,346,267       13,214,589    1,592,119
                                           ============     ============ ============




            See notes to condensed consolidated financial statements.


                                       4


                      ESOFTBANK.COM, INC. AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

                   THREE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (Unaudited)

                                         2000           2001          2001
                                       ---------      ---------     ---------
                                          Rmb            Rmb           US$

REVENUE                                4,827,190      2,981,249       359,187
COST OF SALES                         (3,156,820)    (2,075,994)     (250,120)
                                     ------------    -----------   ----------
GROSS PROFIT (LOSS)                    1,670,370        905,255       109,067
SELLING AND ADMINISTRATIVE
   EXPENSES                           (3,323,143)    (2,080,698)     (250,687)
                                     ------------    -----------   ----------
LOSS FROM OPERATIONS                  (1,652,773)    (1,175,443)     (141,620)
                                     ------------    -----------   ----------
OTHER INCOME (EXPENSE)
INTEREST EXPENSE                        (203,909)      (291,629)      (35,136)
  OTHER INCOME, NET                      (17,301)        (2,871)         (346)
                                     ------------    -----------   ----------
   TOTAL OTHER INCOME (EXPENSE), NET    (221,210)      (294,500)      (35,482)
                                     ------------    -----------   ----------
LOSS BEFORE TAXES                     (1,873,983)    (1,469,943)     (177,102)
TAXES                                         --             --            --
                                     ------------    -----------   ----------
INCOME (LOSS) BEFORE
  MINORITY INTEREST                   (1,873,983)    (1,469,943)     (177,102)
MINORITY INTEREST                        310,213        110,151        13,272
                                     ------------    -----------   ----------
NET LOSS                              (1,563,770)    (1,359,792)     (163,830)
                                     ============    ===========   ==========
Basic and diluted net loss per share        (.12)          (.11)         (.01)
                                     ============    ===========   ==========
WEIGHTED AVERAGE SHARES
OUTSTANDING                           12,800,000     12,920,000    12,920,000
                                     ============    ===========   ==========

            See notes to condensed consolidated financial statements.


                                       5



                      ESOFTBANK.COM, INC. AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

                  NINE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (Unaudited)

                                           2000         2001            2001
                                         ---------     --------       --------
                                            Rmb          Rmb             US$

REVENUE                                  7,832,190      8,326,722    $1,003,220
COST OF SALES                           (4,782,285)    (6,067,244)     (730,994)
                                        -----------   ------------  -----------
GROSS PROFIT (LOSS)                      3,049,905      2,259,478       272,226
SELLING AND ADMINISTRATIVE
   EXPENSES                            (10,920,980)    (6,479,758)     (780,693)
                                       ------------   ------------- -----------
LOSS FROM OPERATIONS                    (7,871,075)    (4,220,280)     (508,467)
                                       ------------   ------------- -----------
OTHER INCOME (EXPENSE)
INTEREST EXPENSE                          (203,909)      (812,149)      (97,849)
  OTHER INCOME, NET                         (9,328)     1,107,657       133,452
                                       ------------   ------------- -----------
   TOTAL OTHER INCOME (EXPENSE), NET      (213,237)       295,508        35,603
                                       ------------   ------------- -----------
LOSS BEFORE TAXES                       (8,084,312)    (3,924,772)     (472,864)
TAXES                                      154,646             --            --
                                       ------------   ------------- -----------
INCOME (LOSS) BEFORE MINORITY
INTEREST                                (8,238,958)    (3,924,772)     (472,864)
MINORITY INTEREST                        1,606,981         64,432         7,763
                                       ------------   ------------- -----------
NET LOSS                                (6,631,977)    (3,860,340)     (465,101)
                                       ============   ============= ===========
Basic and diluted net loss per share          (.52)          (.30)  $      (.04)
                                       ============   ============= ===========
WEIGHTED AVERAGE SHARES
OUTSTANDING                             12,800,000     12,920,000    12,920,000
                                       ============   ============= ===========

            See notes to condensed consolidated financial statements.

                                       6



                      ESOFTBANK.COM, INC. AND SUBSIDIARIES

                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

                   NINE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (Unaudited)

                                               2000         2001         2001
                                               Rmb           Rmb          US$
                                             --------      --------    -------

Cash Flows from Operating Activities
Net income (loss)                          (6,631,977)  (3,860,340)  $(465,101)
                                           -----------  -----------   ----------
Adjustments  to reconcile  net income
(loss) to net cash  provided by (used in)
operating activities:
  Depreciation                                202,470      490,063      59,044
  Amortization of product dev costs           232,645      441,960      53,248
  Provision for losses on receivables
  - Customers                                     400           --          --
  Minority interest                        (1,606,983)     (64,432)     (7,763)
  (Increase) decrease in
  Accounts receivable                         117,950   (3,463,160)   (417,248)
  Deposits and other                       (1,100,575)     261,147      31,463
  Costs and estimated earnings in excess of
  billings on uncompleted contracts                --      207,944      25,053
  Other                                            --      265,068      31,936
  Advances to employees                       (85,602)    (411,257)    (49,549)
  Increase (decrease) in
  Accounts payable and accrued exp            852,134      (54,027)     (6,509)
  Customer deposits                            18,678    2,092,989     252,167
  Billings in excess of costs and estimated
  earnings on uncompleted contracts                --      554,562      66,815
                                           -----------  -----------   ----------
        Total Adjustments                  (1,368,883)     320,857      38,657
                                           -----------  -----------   ----------
 Net Cash Provided by (Used in) Operating
 -Activities                               (8,000,860)  (3,539,483)   (426,444)
                                           -----------  -----------   ----------

                                       7


Cash Flows from Investing Activities
  Capital expenditures                     (2,067,993)      (6,104)       (735)
  Capitalized expenditures for product
  development costs                          (128,455)    (393,121)    (47,364)
  Net repayments from SiTech Holding
 (Hainan) Company Ltd.                      1,485,426           --          --
  Advances to related parties              (4,436,611)          --          --
  Initial Investment of minority shareholder  240,000           --          --
  Investment                               (2,800,000)          --          --
  Other                                      (122,274)          --          --
                                           -----------  -----------   ----------
  Net Cash Provided by (Used In) Investing
  -Activities                              (7,829,907)    (399,225)    (48,099)
                                           -----------  -----------   ----------
Cash Flows from Financing Activities
  Proceeds from issuance of long term debt 16,000,000           --          --
Net short term borrowings                   4,375,341           --          --
  Net repayments to director                 (260,494)          --          --
Capital contributions                         160,985           --          --
Net borrowings from Sitech Holding                  0      281,155      33,874
Net borrowings from directors                       0    1,718,020     206,990
Net borrowings from related party                   0      200,395      24,144
                                          ------------  ----------    ----------
Net Cash Provided by Financing
-Activities                                20,275,832    2,199,570     265,008
                                          ------------  ----------    ----------
 Net Increase (Decrease) in Cash            4,445,065   (1,739,138)   (209,535)

 Cash, Beginning of Period                    629,351    3,221,718     388,159
                                          ------------  ----------    ----------

 Cash, End of Period                       51,074,416    1,482,580    $178,624
                                          ============  ==========    ==========


            See notes to condensed consolidated financial statements.


                                       8


                      ESOFTBANK.COM, INC. AND SUBSIDIARIES

              NOTES TO Condensed CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)
                               September 30, 2001

NOTE 1 - Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial  information and with the  instructions to Form 10-Q and Article 10 of
Regulation  S-X.  Accordingly,  they do not include all of the  information  and
footnotes  required by generally  accepted  accounting  principles  for complete
financial statements.

The  Company  believes  that  the  interim  financial   statements  contain  all
adjustments  necessary for a fair  presentation  of the results for such interim
periods. All of these adjustments are normal recurring adjustments.  The results
of  operations  for interim  periods do not  necessarily  predict the  operating
results for the full year. The consolidated balance sheet as of December 31,2000
has been  derived  from audited  financial  statements  but does not include all
disclosures required by generally accepted accounting principles as permitted by
interim reporting  requirements.  The information included in this report should
be read in conjunction  with  Management's  Discussion and Analysis of Financial
Condition  and Results of  Operations,  the  audited  financial  statements  and
related notes included in the Company's 2000 Form 10-KSB.

NOTE 2 - LONG-TERM DEBT

On May 29,  2000 the  Company  entered  into a  one-year  credit  facility  with
Shenzhen  Commercial Bank for RMB 16 million at 5.3125%.  The credit facility is
secured by shares in the Company owned by Dr. Lan,  director and  shareholder of
the Company.

On Aug. 25, 2001, the one-year  credit facility was extended to Aug. 25, 2002 at
5.3125%.

NOTE 3 - FOREIGN CURRENCY CONVERSION

The Company's financial  information is presented in U.S. dollars.  Reminbi, the
functional  currency of the Company has been converted into U.S.  dollars at the
exchange rate of 8.3 to 1.


                                       9



Item 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS of Financial Condition and Results
        of Operations

Forward-Looking Statements

   The following  presentation  contains  forward-looking  statements within the
meaning of Section 27A of the  Securities  Act of 1933, as amended,  and Section
21E of the  Securities  Exchange Act of 1934, as amended.  These  statements are
based on our current  expectations and relate to anticipated  future events that
are not  historical  facts,  such as our business  strategies and their intended
results.  Our actual results could differ materially from those set forth in the
forward-looking  statements  as a result  of (i)  changes  in  general  economic
conditions,  (ii) changes in the  assumptions  used in making these  statements,
(iii) our lack of a long-term operating history, (iv) competition generally, and
in the technology sector in particular,  (v) our ability to attract, hire, train
and retain  competent  personnel in a variety of functions,  (vi) our ability to
raise sufficient capital to fund our expansion, and (vii) our ability to attract
sub-contractors, software engineers, development teams to our website, and setup
a nation-wide collaborative platform for software outsourcing in China.

Overview

   ESOFTBANK.COM,  Inc., is a Chinese software  development and  sub-contracting
services  provider.  We offer a wide range of value-added  services including IT
consulting,  project  outsourcing,  quality control and software releasing.  Our
focus is on various e-commerce,  network management and resource control systems
for business and government enterprises. Our website,  HTTP://www.eSoftBank.com,
is a registry for Chinese web page designers and e-commerce developers,  as well
as  institutions  requiring the services of these people,  on which we provide a
cost-efficient platform for job exchanges and assignments.  It is an interactive
and integrated virtual software community offering technical databank, knowledge
exchange, job-subcontracting, software-testing and support services. Through our
website,   we  offer  independent   software  engineers  a  source  of  business
opportunities  and web space,  while companies are able to select from a variety
of software  engineers  and  software  companies.  Our revenues are derived from
commissions on transaction volume on the platform,  as well as handling fees and
service charges for software  engineering and technical  support  services.  Our
headquarters are in Shenzhen, China.

   We  changed  our  company's  name  from  Natural  Way  Technologies  Inc.  to
ESOFTBANK.COM,  Inc. on March 31, 2000 when we acquired (the  "Acquisition") all
of the  issued  and  outstanding  shares of World  Concept  Development  Limited
("WCD").  WCD  owns  the  software   development  and  Internet-based   software
subcontracting  platform  operations  conducted  in  China  under  the  name  of
ESOFTBANK.COM.  In November, 2001, we are changing our name again to BroadenGate
Systems, Inc. to more accurately reflect our core business.

   The  Acquisition  has  been  accounted  for  using  the  purchase  method  of
accounting as a reverse  acquisition,  whereby the company issuing its shares to
effect a business  combination  is determined to be the acquiree in the business
combination.  This occurs when the  shareholders  of the issuer have less than a
majority  of  voting  control  of  the  combined   entity.   The  company  whose
shareholders  retain the  majority  voting  interest in the  combined  entity is
presumed the acquirer.  In the Acquisition,  the  then-existing  shareholders of
Natural Way retained a 27% voting  interest in the combined entity on completion
of the Acquisition. Accordingly, WCD is deemed to be the acquirer and the assets
of Natural Way are required to be fair valued at acquisition. As Natural Way had
no assets (other than  obligations due from a shareholder) or operations  during
1999 and 2000 (prior to March 31st), no fair value adjustments were required and
there are no changes to the WCD  financial  statements  that would require a pro
forma  analysis.  Additionally,  because WCD is deemed to be the  acquirer,  the
historical  financial  statements of Natural Way (now  ESOFTBANK.COM  Inc.) have
been  restated,  and  now  reflect  the  historical  operations  of WCD  and its
subsidiaries.

                                       10


SiTech Hainan Ltd.  (Haikou) is the only company that existed prior to 2000 that
is reflected in our consolidated  financial statements.  WCD, ESOFTBANK Shenzhen
and  Beijing  were  formed  in the  fourth  quarter  of  1999  and  only  became
operational  in the first quarter of 2000. In the first quarter of 2001, WCD and
ESOFTBANK Shenzhen, Beijing, Haikou had operating revenues.

Results of Operations

Three-months ended September 30, 2001 Compared with Three-months ended September
30, 2000

   Total  revenues  decreased  by  $222,402 to  $359,187  for the quarter  ended
September  30, 2001 from  $581,589  for the quarter  ended  September  30, 2000,
primarily due to the under  utilization  of our  engineers  trained for Japanese
projects and the utilization of certain of our personal in R&D.

Cost of sales decreased $130,219 to $250,120 for the quarter ended September 30,
2001 from $380,339 for the same period in 2000. The decrease is  attributable to
the  reduction  in revenues.  Our gross profit  margin was 30.3 % in the quarter
ended Sep 30, 2001. This compares with 34.6% for the corresponding period of the
prior year.

Selling and  administrative  expenses ("SGA")  decreased by $149,692 to $250,687
for the quarter ended  September 30, 2001,  from $400,379 for the same period in
2000. This decrease reflects operational  improvements and cost controls such as
imposing  stricter  controls on advertising  expenses.  We anticipate that these
controls will continue  decreasing SGA expenses in the future as we work to make
our distribution system more efficient.  We have also established more strategic
alliances with established  companies (such as Huawei,  Oracle China, etc.) that
will assist us in distributing our services at lower costs.

We incurred  interest  expense of $35,136 for the third quarter of 2001 compared
with $24,567 for the third quarter of 2000 due to an increase in our  short-term
loan from the Bank.

We have no income tax liability for the third quarter of either 2001 or 2000. We
may incur  income tax  expenses in the future,  even though we have an operating
loss because  income  taxes in the People's  Republic of China are a function of
gross sales and not of net income.

                                       11


The  minority  interest  represents  the 20%  interest  in  eSoftBank  (Beijing)
Software  Systems Co. Ltd. and the 47.6% of SiTech  Hainan Ltd. not owned by the
Company.

The net loss  decreased by  approximately  13% for the third quarter of 2001, to
$163,830  from  $188,406 for the same period in 2000.  The  decreased  operating
losses in the third  quarter  of 2001 over the third  quarter of 2000 was due to
reduced SGA expenses  which were  partially  offset by reduced gross profit.  We
believe  that these  trends  will  continue  as our  revenues  increase  and our
expenses  decrease.  We also  expect that our  operations  from being a software
outsourcing   services  provider  and   subcontracting   platform  will  produce
additional  revenues and,  profitability  in near future.  However,  there is no
assurance that we will ever become profitable.

Nine Months ended  September 30, 2001 Compared with Nine Months ended  September
30, 2001

         Total  revenues  increased by $59,582 to $1,003,220 for the nine months
ended September 30, 2001 from $943,638 for the corresponding period of the prior
year. This increase  resulted  because we had no revenues for the first calendar
quarter of 2000.

         Cost of sales  increased  by $154,815  to $730,994  for the nine months
ended  September  30, 2001 from $576,179 for the  corresponding  period of 2000.
This increase is attributable to costs incurred in the continued  development of
our platform.  Gross margins were 27.1% for the nine months ended  September 30,
2001 compared to 38.9% for the same period of 2000.

         Selling and  administrative  expenses ("SGA")  decreased by $535,088 to
$780,693 for the nine months ended  September 30, 2001 from  $1,315,781  for the
corresponding  period of the prior year.  This decrease is  attributable  to the
imposition of cost controls,  reduced advertising and the formation of strategic
alliances to reduce marketing costs.

         Interest  expense  increased  by $73,282 to $97,849 for the nine months
ended September 30, 2001 from $24,567 for the corresponding period of 2000. This
increase reflects increased borrowings.

Other income, net reflects a reversal of a salary accrual from the prior year.

         We have no income tax  liability  for the first nine months of calendar
year 2001. In the same period of calendar year 2000, we incurred a tax liability
of $18,632.  We may incur  income tax in future  periods,  even if we have a net
operating  loss,  because  income taxes in the People's  Republic of China are a
function of gross sales and not necessarily of net income.

        The minority interest represents the 20% interest in eSoftBank (Beijing)
Software Systems Co. Ltd. and the 47.6% of SiTech Hainan Ltd. not owned by the
Company.

         Our net loss  decreased  by $333,932  to  $465,101  for the nine months
ended  September  30, 2001 from $799,033 for the  corresponding  period of 2000.
This  decrease  reflects  the  reduction  in SGA which was  partially  offset by
reduced gross profit and increased interest.

                                       12


Outlook

General

      We  believe  that we are well  positioned  for  growth  in the  developing
information technology ("IT") industry in China and internationally.  With China
joining the WTO and the Beijing's  2008 Olympics,  demand should  increase IT in
China during the next several years.

Since its  inception  in 1996,  the company  has built a strong  position in the
Chinese domestic IT industry.  eSoftBank is leveraging its domestic expertise to
enter the global outsourcing market, and to cooperate with leading multinational
software  vendors in the Chinese  market.  Building  on the synergy  between the
Chinese and global  markets,  eSoftBank hopes to continue to increase its market
share at home and win high-margin contracts abroad.

Over the past year the company has  already  taken the first steps in  realizing
this  strategy  by forming  close  partnerships  with some of the top players in
China,   including  IBM,  Oracle,   and  Huawei   Technology,   China's  largest
manufacturer  of  telecommunications  equipment.  With  Oracle,  we will soon be
implementing several sections of a large accounting system for China Mobile Hong
Kong, the largest mobile telecommunications service provider in the world.

The next step is to build  our  position  in the  United  States IT  outsourcing
market. In the near-term, business growth will come from utilizing our strategic
partnerships  with  companies  such  as  ACenturyOne,   a  high-profile  startup
specializing  in  outsourcing  projects  from  Fortune 250  companies to Chinese
software  developers.  Looking to the longer  term,  however,  it is critical to
capitalize on our momentum and establish a physical presence in the US.

Recent Developments

   We believe that the recent developments  described below will have a positive
impact on our future results of operations.  However, there is no assurance that
these benefits will be realized or that, if realized,  these benefits will reach
the levels we anticipated.


                                       13


1. We won the biding for Electric Funding provided by China Information Industry
Department,  and should be granted 4 million RMB in funding from  government  in
next 3 months.

2. We reached a strategic agreement with ACenturyOne,  to obtain stable software
outsourcing projects from US.

Liquidity and Capital Resources

At the end of the third  quarter of 2001,  we had cash of $178,624 and a deficit
in working  capital of  $1,638,624.  This  compares cash of $388,159 for Dec.31,
2000 and a deficit in working capital of $902,602 as of September 30, 2000.

   Cash used in operating  activities  decreased by $537,514 to $426,444 for the
nine-month  period ended September 30, 2001, from $963,958 in the same period in
2000.  This change is  attributable  to a reduced net  operating  loss which was
partially offset by changes in working capital.

Net cash used in investing activities  decreased  to $48,099 for the  nine-month
period ended  September 30, 2001 from $943,362 for the  corresponding  period of
2000. This decrease resulted from reduced capital expenditures, loan repayments,
advances and investments.

   Net cash  provided by  financing  activities  decreased  to $265,008  for the
nine-month  period ended  September 30,  2001  compared  to  $2,442,891  for the
corresponding  period of 2000. This reduction  resulted from reduced  borrowings
during the current year.

   Our business is now  generating  more  revenues  from our project  management
centers.  Management is also seeking to raise additional  capital from investors
both in China and other countries, and believes that this funding will enable us
to develop our business and meet some of our operating cash needs.
However,  based on the current level of expenditures,  without such funding,  we
will be unable to fully implement our business plan.

PART II. OTHER INFORMATION

Item 1. Legal Proceedings.

None

Item 2. Changes in Securities and Use of Proceeds.

None

                                       14


Item 3.  Defaults Upon Senior Securities

None

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

None

Item 5.  Other Information

None

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

Exhibits

None

Reports on Form 8-K

None.


                                   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.



                                              eSoftBank.com, Inc.


Dated: Nov. 13, 2001                          By: /s/ Dr. Hongbing Lan
                                              ----------------------------------
                                              Dr. Hongbing Lan
                                              Chief Executive Officer

Dated: Nov.13, 2001                          By: /s/ Hongyu Lan
                                              ----------------------------------
                                               Hongyu Lan
                                               Principal Accounting Officer