dot com ENTERTAINMENT GROUP, INC.
                             AND SUBSIDIARIES

                        CONSOLIDATED BALANCE SHEETS

                               December 31,
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               ASSETS                       2000                1999
                                         ----------           --------

Current assets:
     Cash and cash equivalents        $     655,409       $     51,707
     Accounts receivable:
          Trade                             464,061            254,471
          Other                              16,274             76,460
                                         ----------           --------
               Total current assets       1,135,744            382,638

Fixed assets - net                           46,418                -

Deferred tax asset                          286,000            323,000
                                         ----------           --------

                                      $   1,468,162       $    705,638
                                         ----------           --------
                                         ----------           --------

               LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Accounts payable and accrued expenses  $  105,521       $    164,401
  Accounts payable - officers                75,805             63,416
  Deferred revenue                          164,167                -
  Income taxes payable                       41,532              3,400
                                         ----------           --------
               Total current liabilities    387,025            231,217

Stockholders' equity:
  Common stock, $.001 par value,
  50,000,000 shares authorized,
  10,730,000 shares issued
  and outstanding (10,500,000 - 1999)        10,730             10,500
  Additional paid in capital              1,411,820            939,050
  Accumulated deficit                      (341,413)         (475,129)
                                         ----------           --------
                                          1,081,137            474,421
                                         ----------           --------

                                      $   1,468,162       $    705,638
                                         ----------           --------
                                         ----------           --------


                     dot com ENTERTAINMENT GROUP, INC.
                              AND SUBSIDIARIES

                   CONSOLIDATED STATEMENTS OF OPERATIONS
                         Years Ended December 31,
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                                            2000                 1999
                                         ----------           --------

Revenues                              $   1,803,298       $    579,186


Expenses:
  General and administrative                732,125            232,971
  Software development and support
   services                                 588,996            269,044
  Marketing (including equity
   compensation of $701,000 in 1999 ).      269,929            884,971
                                         ----------          ---------
                                          1,591,050          1,386,986
                                         ----------          ---------

Income (loss) before income tax
 (expense) benefit                          212,248          (807,800)

Income tax (expense) benefit                (78,532)           323,000
                                         ----------          ---------

Net income (loss)                     $     133,716       $  (484,800)
                                         ----------          ---------
                                         ----------          ---------


    Net income (loss) per share:
     Basic                            $       0.012       $     (.049)
                                         ----------          ---------
                                         ----------          ---------

     Fully diluted                    $       0.012       $     (.049)
                                         ----------          ---------
                                         ----------          ---------

Weighted average number of common shares outstanding:
     Basic                               10,710,833          9,958,333
                                         ----------          ---------
                                         ----------          ---------

     Fully diluted                       10,805,214          9,958,333
                                         ----------          ---------
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