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

                                    Form 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) November 21, 2000


                        Commission file number 000-31447

                                  DALJAMA, INC.
               (Exact name of registrant as specified in charter)

<TABLE>
<S>                                          <C>
 Texas                                       75-2877875
 (State of other jurisdiction of             (I.R.S. Employer
 incorporation or organization)              Identification Number)
</TABLE>

                   1353 Middleton Dr. Cedar Hill, Texas 75104

               (Address of Principal Executive Office) (Zip Code)
                                 (972) 293-1115
                (Registrant's Executive Office Telephone Number)




ITEM 1.   CHANGES IN CONTROL OF REGISTRANT

     (a) Pursuant to an  Acquisition  Agreement  and Plan of Merger (the "Merger
Agreement")  dated as of November 21, 2000  between  Entertainment  Trends,  Inc
("ET"), a Texas corporation, and Daljama, Inc. ("DAL"), a Texas corporation, all
the  outstanding  shares of common stock of DAL were exchanged for 10,000 shares
of  common  stock  of  ET  in a  transaction  in  which  ET  was  the  surviving
corporation.

     The Merger  Agreement was adopted by the unanimous  consent of the Board of
Directors of DAL on November 21, 2000.  The Merger  Agreement was adopted by the
unanimous  consent of the Board of Directors  of ET on November  21,  2000.  The
Articles of Merger  were filed on November  21,  2000.  The  officers of ET will
continue as officers of ET.

     A copy of the Merger  Agreement is filed as an exhibit to this Form 8-K and
is incorporated in its entirety herein. The foregoing description is modified by
such reference.

     (b) The following table contains information regarding the shareholdings of
ET's current directors and executive  officers and those persons or entities who
beneficially own more than 5% of its common stock (giving effect to the exercise
of the warrants held by each such person or entity):
<TABLE>
<S>                       <C>                        <C>
------------------------- -------------------------- --------------------------

                             Amount of Common          Percent of Common Stock
                             Stock Beneficially          Beneficially Owned
     Name                          Owned (1)

------------------------- -------------------------- --------------------------
------------------------- -------------------------- --------------------------

James P. Massengale                2,750,000                    27.9%
------------------------- -------------------------- --------------------------
------------------------- -------------------------- --------------------------

Carolyn J. Massengale              2,750,000                    27.9%
------------------------- -------------------------- --------------------------
------------------------- -------------------------- --------------------------

Bonita S. Clifton                  2,750,000                    27.9%
------------------------- -------------------------- --------------------------
</TABLE>



(1)    Based upon 9,850,000  outstanding  shares of common stock  (subsequent to
       the merger).

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS

(a) The consideration  exchanged pursuant to the Merger Agreement was negotiated
between DAL and ET.



BUSINESS

Entertainment  Trends  Corporation  was  formed as an  internet  website  design
company as well as a holding company for other businesses.  Entertainment Trends
Corporation operates through its' wholly owned subsidiary Beverly  International
Southwest,  a retailer through the internet,  retail stores and fitness centers,
vitamin and nutritional  products.  Entertainment Trends Corporation designs and
develops websites and maintains the website for Beverly International.

Currently,   Beverly   International   Nutrition   Southwest   markets   Beverly
International  Nutrition,  high  quality  researched  dietary  sports  nutrition
supplements, vitamins, minerals and health and fitness related products. Beverly
International  Southwest  wholesales  to gyms and  health  and  fitness  stores.
Beverly  International  also  retails  to the  general  public  in an  exclusive
territory  of  Texas,  New  Mxico,  Colorado,  Oklahoma,  Kansas,  Missouri  and
Louisiana.  Initially Beverly International  supplied products for athletes only
but as fitness became more popular the general public has been a good market.

Initially  Entertainment Trends Corporation developed and maintained the website
for the corporate headquarters of Beverly International  Nutrition.  The company
was  sold  in  1999.  As  a  result  the  corporate   website  was  retained  by
Entertainment  Trends  and  now  allows  Beverly  International  South  West  to
distribute nutritional supplements through the internet.

Litigation

There is no  outstanding  litigation  in which the Company is  involved  and the
Company is unaware of any pending actions or claims against it.

Description of Securities

In February 2000 the company  authorized a 10 for 1 forward split in preparation
for going public.  The  outstanding  stock went from 985,000 shares to 9,850,000
shares.  The  authorized  capital stock of the Company  consists of  100,000,000
shares of common stock,  par value $.001 per share, of which there are 9,850,000
issued.  The Company also has 50,000,000  shares of preferred  stock,  par value
$.001 per share authorized of which none are issued at this time,  however,  the
officers  and  directors  of the company have the right to amend the articles of
incorporation  at any time to increase or decrease the amount of preferred stock
authorized. The following statements relating to the capital stock set forth the
material terms of the Company's  securities;  however,  reference is made to the
more detailed provisions of, and such statements are qualified in their entirety
by reference to, the Certificate of Incorporation and the By-laws.

Common Stock

Holders of shares of common stock are entitled to one vote for each share on all
matters to be voted on by the stockholders.  Holders of common stock do not have
cumulative voting rights.  Holders of common stock are entitled to share ratably
in  dividends,  if any,  as may be  declared  from  time to time by the Board of
Directors in its discretion from funds legally available therefore. In the event
of a  liquidation,  dissolution  or winding up of the  Company,  the  holders of
common stock are entitled to share pro rata all assets  remaining  after payment
in full of all  liabilities.  All of the outstanding  shares of common stock are
fully paid and non-assessable.

Holders of common  stock have no  preemptive  rights to purchase  the  Company's
common  stock.  There are no  conversion  or  redemption  rights or sinking fund
provisions with respect to the common stock.

Preferred Stock

The Board of Directors is authorized to amend the articles of  incorporation  to
provide  for the  issuance  of  preferred  stock  in  series  and,  by  filing a
certificate  pursuant to the applicable law of Texas,  to establish from time to
time the number of shares to be  included  in each such  series,  and to fix the
designation,  powers,  preferences  and rights of the shares of each such series
and the qualifications,  limitations or restrictions thereof without any further
vote or action by the  shareholders.  Any  shares of  preferred  stock so issued
would  have  priority  over  the  common  stock  with  respect  to  dividend  or
liquidation  rights.  Any future issuance of preferred stock may have the effect
of delaying,  deferring or preventing a change in control of the Company without
further action by the shareholders and may adversely affect the voting and other
rights of the holders of common stock.  At present,  the Company has no plans to
issue  any  preferred   stock  nor  adopt  any  series,   preferences  or  other
classification of preferred stock.

The issuance of shares of preferred stock, or the issuance of rights to purchase
such shares,  could be used to discourage an unsolicited  acquisition  proposal.
For  instance,  the  issuance  of a series of  preferred  stock  might  impede a
business  combination  by including  class  voting  rights that would enable the
holder to block such a  transaction,  or  facilitate a business  combination  by
including  voting  rights that would provide a required  percentage  vote of the
stockholders.  In  addition,  under  certain  circumstances,   the  issuance  of
preferred  stock could  adversely  affect the voting power of the holders of the
common  stock.  Although  the  Board  of  Directors  is  required  to  make  any
determination to issue such stock based on its judgment as to the best interests
of the stockholders of the Company, the Board of Directors could act in a manner
that would discourage an acquisition  attempt or other transaction that some, or
a majority,  of the stockholders  might believe to be in their best interests or
in which  stockholders  might  receive a premium  for their  stock over the then
market price of such stock. The Board of Directors does not at present intend to
seek stockholder  approval prior to any issuance of currently  authorized stock,
unless  otherwise  required by law or stock exchange  rules.  The Company has no
present plans to issue any preferred stock.

MARKET FOR ET's SECURITIES

ET is  currently  not  trading  but as a result of this  merger  has  elected to
continue with the reporting requirements of the 1934 Securities and Exchange Act
as  amended.   The  Entertainment   Trends  Corporation  intends  to  apply  for
application  to  trade on the Over  The  Counter  Bulletin  Board as soon as the
merger document has been filed with the Securities and Exchange Commission.

MANAGEMENT

<TABLE>
<S>                            <C>           <C>
------------------------------ ------------- ---------------------------

          Name                     Age         Title
------------------------------ ------------- ---------------------------
------------------------------ ------------- ---------------------------

James P.  Massengale                49       President/Director
------------------------------ ------------- ---------------------------
------------------------------ ------------- ---------------------------

Carolyn J. Massengale               52       Vice President/Director
------------------------------ ------------- ---------------------------
------------------------------ ------------- ---------------------------

Bonita S. Clifton                   42       Secretary/Director
------------------------------ ------------- ---------------------------
</TABLE>





James P.  Massengale  President/Director  has 30 years of  promotion  and  sales
experience.  For the past  five  years he has been the  owner  and  operator  of
Beverly  International  Nutrition Southwest which is the wholly owned subsidiary
of Entertainment Trends Corporation, a nutrition and sports supplement wholesale
distributorship.  Beverly  International  Nutrition  Southwest  markets  Beverly
International   Nutrition,   high   quality,    researched   products.   Beverly
International SW wholesales to gyms and health and fitness stores and retails to
the general  public in an exclusive  territory of Texas,  New Mexico,  Colorado,
Oklahoma,  Kansas,  Missouri  and  Lousiana.  James is the  husband  of  Carolyn
Massengale who is a Vice President of our Company.

Carolyn  Massengale  Vice  President/Director  has 30  years  of  administrative
experience.  For the past five years  Carolyn has assisted in the  operations of
Beverly  international  with her  husband  James  Massengale  by adding  Beverly
International  apparel and the Beverly  International Web Site. Mrs.  Massengale
also has 14 years of  experience as a legal  assistant.  For the past five years
she has also been the administrative coordinator for National Physique Committee
athletic events. Carolyn is the wife of James Massengale our President.

Bonita S. Clifton Secretary/Director has been our Secretary and a director since
our inception.  She has been self-employed  since September of 1985 as an author
of fiction,  although she devotes less than full time to such  occupation.  Mrs.
Clifton has an  Associates  of Applied  Science  Degree in  Business  from Blair
College in Colorado Springs, Colorado.



Executive Compensation

Entertainement  Trends  Corporation  does not currently pay remuneration to its'
Officers and Directors. The three directors of the Company hold office until the
next annual meeting of  shareholders  or until their  successors are elected and
qualified.  At present,  the Company's  Bylaws provide for not less than one nor
more than five directors.  Currently,  there are three directors of the Company.
The Bylaws  permit the Board of Directors to fill any vacancy and such  director
may serve until the next annual meeting of  shareholders  or until his successor
is elected  and  qualified.  Officers  serve at the  discretion  of the Board of
Directors.

RISK FACTORS

Competition from larger and more established companies may hamper marketability.
ET may face intense competition from similar, more well established competitors,
including  national,  regional  and  local  companies  possessing  substantially
greater financial,  marketing, personnel and other resources than ET. ET may not
be able to market or sell its products if faced with direct product  competition
from these larger or more established companies.

Issuance of future  shares may dilute  investors  share  value.  The Articles of
Incorporation as amended of ET authorizes the issuance of 100,000,000  shares of
common stock and 50,000,000  shares of preferred  stock.  The future issuance of
all or part of the remaining  authorized  common stock may result in substantial
dilution in the  percentage of the  Company's  common stock held by the its then
existing  shareholders.  Moreover,  any common stock issued in the future may be
valued on an  arbitrary  basis by ET. The issuance of the  Company's  shares for
future services or  acquisitions or other corporate  actions may have the effect
of diluting the value of the shares held by investors, and might have an adverse
effect on any trading market,  should a trading market develop for the Company's
common stock.

Current trading market for the Company's securities.

ET's  common  stock is not  currently  trading  however  upon the closing of the
merger ET plans to apply for a listing to trade  its' stock on the OTC  Bulletin
Board maintained by Nasdaq.

Penny  Stock Regulation.

The Company's  common stock may be deemed a penny stock.  Penny stocks generally
are  equity  securities  with a price of less than  $5.00 per share  other  than
securities  registered on certain national securities exchanges or quoted on the
Nasdaq Stock Market,  provided that current  price and volume  information  with
respect to  transactions  in such  securities  is  provided  by the  exchange or
system.  The  Company's  securities  may be subject to "penny  stock rules" that
impose additional sales practice  requirements on  broker-dealers  who sell such
securities to persons other than established  customers and accredited investors
(generally  those with assets in excess of $1,000,000 or annual income exceeding
$200,000 or $300,000  together with their spouse).  For transactions  covered by
these rules, the broker-dealer must make a special suitability determination for
the  purchase of such  securities  and have  received  the  purchaser's  written
consent  to  the  transaction  prior  to the  purchase.  Additionally,  for  any
transaction  involving a penny  stock,  unless  exempt,  the "penny stock rules"
require  the  delivery,  prior  to the  transaction,  of a  disclosure  schedule
prescribed  by  the  Commission   relating  to  the  penny  stock  market.   The
broker-dealer  also must  disclose the  commissions  payable to both the broker-
dealer  and  the  registered  representative  and  current  quotations  for  the
securities.  Finally,  monthly  statements must be sent disclosing  recent price
information  on the limited  market in penny  stocks.  Consequently,  the "penny
stock rules" may restrict the ability of  broker-dealers  to sell the  Company's
securities.  The foregoing  required penny stock  restrictions will not apply to
the Company's  securities if such securities maintain a market price of $5.00 or
greater.  There can be no assurance  that the price of the Company's  securities
will reach or maintain such a level.


ITEM 3.     BANKRUPTCY OR RECEIVERSHIP

Not applicable.


ITEM 4.   CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

Not applicable.

ITEM 5.     OTHER EVENTS

Not applicable.

ITEM 6.     RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS

     Pursuant  to the  Merger  Agreement  James P.  Massengale  will  remain  as
President,  Carolyn J. Massengale will remain as Vice President and Director and
Bonita S. Clifton will remain as Secretary and Director of ET.

ITEM 7.     FINANCIAL STATEMENTS

Enclosed are the audited  Financial  statements  for the year ended December 31,
1999.  The  financial  statements  for the year ended  December 31, 2000 will be
included in the annual report.



                        Entertainment Trends Corporation


                                December 31, 1999




                               Clyde Bailey, P.C.
                           Certified Public Accountant
                            10924 Vance Jackson #404
                            San Antonio, Texas 78230




           CONTENTS



       PAGE      1 - INDEPENDENT AUDITORS' REPORT

       PAGE      2 - BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31, 1999

       PAGE      3 - STATEMENT OF OPERATIONS FOR THE PERIOD
                     DECEMBER 31, 1999

       PAGE      4 - STATEMENT OF CHANGES IN STOCKHOLDER'S
                     EQUITY FOR THE YEAR ENDED DECEMBER 31, 1999 AND  FOR
                     THE SIX MONTHS ENDED JUNE 30, 2000

       PAGE      5 - STATEMENT OF CASH FLOWS FOR THE YEAR ENDED
                      DECEMBER 31, 1999

       PAGES  6 -8 - NOTES TO FINANCIAL STATEMENTS AS OF
                     DECEMBER 31, 1999
























CLYDE BAILEY P.C.
--------------------------------------------------------------------------------
                                                     Certified Public Accountant
                                                        10924 Vance Jackson #404
                                                        San Antonio, Texas 78230
                                                            (210) 699-1287(ofc.)
                                             (888) 699-1287 (210) 691-2911 (fax)
                                                                         Member:
                                                     American Institute of CPA's
                                                          Texas Society of CPA's

Board of Directors
Entertainment Trends Corporation


                          INDEPENDENT AUDITOR'S REPORT

I  have  audited  the  accompanying   balance  sheet  of  Entertainment   Trends
Corporation  (Company)  as of December  31, 1999 and the  related  statement  of
operations,  statement of stockholders'  equity, and the statement of cash flows
for the year  ended  December  31,  1999.  These  financial  statements  are the
responsibility of the Company's  management.  My responsibility is to express an
opinion on these statements based on my audit.

I conducted my audit in accordance with generally  accepted auditing  standards.
Those standards  require that I plan and perform the audit to obtain  reasonable
assurance   about  whether  the  financial   statements  are  free  of  material
misstatement.  An audit includes examining on a test basis,  evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the  accounting  principles  used and  significant  estimates  made by
management,  as well as evaluating the overall financial statement presentation.
I believe that my audit provides a reasonable basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of the Company as of December 31, 1999
and the results of its operations and its cash flows for the years then ended in
conformity with generally accepted accounting principles

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 4 to the
financial statements, the Company has no viable operations to date and little or
no tangible assets that raise substantial doubt about its ability to continue as
a going concern.  The financial  statements do not include any adjustments  that
might result from the outcome of this uncertainty.


                                 S/ Clyde Bailey
                                Clyde Bailey P.C.
San Antonio, Texas
November 21, 2000
                                        1







                        Entertainment Trends Corporation
                                  Balance Sheet
                             As of December 31, 1999
<TABLE>
<S>                                   <C>                     <C>
                  A S S E T S
Current Assets
 Cash                                 $             1,501
 Inventory                                          8,042
                                      ---------------------
   Total Current Assets                                                  9,543
                                                              ------------------

Fixed Assets
 Property and Equipment                            17,610
                                       --------------------
   Less: Accumulated Depreciation                  (5,495)
                                       --------------------

   Total Fixed Assets                                                   12,115
                                                               -----------------

Other Assets:
 Franchise Fee, net                                14,000               14,000
                                       ---------------------   ----------------

   Total Assets                                                 $       35,658
                                                               ================

                     L I A B I L I T I E S
Current Liabilities
 Other Current Liability                               -
                                        --------------------

   Total Current Liabilities                                             -
                                                              -----------------

   Total Liabilities                                                     -

 Commitments and Contingencies                                           -

                    S T O C K H O L D E R S ' E Q U I T Y
Preferred Stock




Common Stock                                                             9,850

       (Retroactively Restated)
Additional Paid-in-Capital                                              51,229
Accumulated Surplus                                                    (25,421)
                                                               ----------------

  Total Stockholders' Equity (Deficit)                                  35,658
                                                               ----------------
  Total Liabilities and Stockholders' Equity                    $       35,658
                                                               ================

</TABLE>



                                        2




                      Entertainment Trends Corporation
                           Statement of Operations
                           As of December 31, 1999

<TABLE>
<S> .........................................   <C>
Revenues:

       Revenues .............................   $
                                                   40,219
                                                ---------

            Total Revenues
                                                   40,219

Cost of Revenues
       Cost of Revenues
                                                   26,557
                                                ---------

            Gross Profit
                                                   13,662

Expenses:

       Rent
                                                    6,776
       Depreciation Expense
                                                    3,964
       Amortization Expense
                                                    1,000
       Internet Service
                                                    5,231
       Utilities
                                                    7,009
       Other Expenses
                                                    5,952
                                                ---------

            Total Expenses
                                                   29,932

            Net Income (Loss) from Operations   $
                                                  (16,270)

Provision for Income Taxes:


       Income Tax Benefit (Expense)
                                                ---------

                                                ---------
           Net Income (Loss) ................   $
                                                  (16,270)
                                                =========


Basic and Diluted Earnings Per Common Share
                                                   (0.002)
                                                ---------

Weighted Average number of Common Shares ....   9,850,000
                                                =========
      used in per share calculations ........   *


      * - Retroactively Restated

</TABLE>


                                        3






                        Entertainment Trends Corporation
                        Statement of Stockholders' Equity
                             As of December 31, 1999


<TABLE>
<S>                           <C>              <C>   <C>                 <C>         <C>
 *                            ***         $  0.001   Paid-In        Accumulated Stockholders'
 *                            Shares      Par Value  Capital         Deficit      Equity
 *                                                                                  --


   Balance, January 1, 1999   9,850,000   $  9,850   $     51,229   $ (9,151)   $ 51,928



   Net Income  (Loss)              --         --             --      (16,270)    (16,270)

                                                                                --------


   Balance June 30, 2000      9,850,000   $  9,850   $     51,229   $(25,421)   $ 35,658
                                                                                ========

</TABLE>


     Retroactively Restated



                                        4

                          Entertainment Trends Corporation
                               Statement of Cashflows
                              As of December 31, 1999


<TABLE>
<S>                                                  <C>
Cash Flows from Operating Activities:

       Net Income (Loss)                             $
                                                      (16,270)

      Changes in operating assets and liabilities:
               Depreciation /Amortization
                                                        4,964
               Stock Issued for Services
                                                     --------
              Inventory
                                                       (8,042)
               Other Liabilities
                                                     --------
                                                     --------

               Total Adjustments
                                                       (3,078)
                                                     --------

Net Cash Used in Operating Activities                $
                                                      (19,348)


Cash Flows from Investing Activities:

       Fixed Assets
                                                      (26,293)
                                                     --------

Net Cash Used in Investing Activities                $
                                                      (26,293)
                                                     --------


Cash Flows from Financing Activities:

       Note Payable
                                                     --------
       Paid in Capital
                                                       45,937
                                                     --------

Net Cash Provided for Financing Activities           $
                                                       45,937
                                                     --------

                                                     $
Net Increase (Decrease) in Cash                           296


Cash Balance,  Begin Period                             1,205
                                                     --------

                                                     $
Cash Balance,  End Period                               1,501
                                                     ========


Supplemental Disclosures:
      Cash Paid for interest                         $   --
      Cash Paid for income taxes                     $   --
      Stock Issued for Services
</TABLE>




                                        5








                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 1  -  Summary of Significant Accounting Policies

Organization

Entertainment Trends Corporation ("the Company") was incorporated under the laws
of the State of Texas on June 30,  1998 for the  purpose to promote and carry on
any lawful business for which a corporation  may be incorporated  under the laws
of the State of  Delaware.  The  company has a total of  100,000,000  authorized
common  shares  with a par value of $.001 per  share and with  9,850,000  shares
issued and  outstanding  as of December  31,  1999.  On February  24,  2000,  an
amendment to the Articles of Incorporation was filed with the Texas Secretary of
State to increase the  authorized  common shares to  100,000,000  authorized and
50,000,000 in preferred shares.

On July 5, 1998, the Company acquired Beverly International  Nutrition (Beverly)
as a  division  of the  Company.  Beverly  offers  quality,  researched  dietary
supplements, vitamins, minerals, and health and fitness related products.

Federal Income Tax

The Company has adopted the provisions of Financial  Accounting  Standards Board
Statement No. 109,  Accounting for Income Taxes. The Company accounts for income
taxes pursuant to the  provisions of the Financial  Accounting  Standards  Board
Statement No. 109,  "Accounting  for Income Taxes",  which requires an asset and
liability approach to calculating deferred income taxes. The asset and liability
approach requires the recognition of deferred tax liabilities and assets for the
expected future tax consequences of temporary  differences  between the carrying
amounts and the tax basis of assets and liabilities.

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  on
contingent assets and liabilities at the date of the financial  statements,  and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates.

Accounting Method

     The Company's financial statements are prepared using the accrual method of
accounting.  Revenues are  recognized  when earned and expenses  when  incurred.
Fixed  assets  are  stated  at cost.  Depreciation  and  amortization  using the
straight-line  method for financial  reporting purposes and accelerated  methods
for income tax purposes.

Inventory
     Inventory consists of nutritional products and is valued at cost.




                                        6



                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 1  -  Summary of Significant Accounting Policies (con't)

Fixed Assets
Fixed Assets are recorded at cost and  depreciated  over the useful lives of the
assets. The assets consist of computer equipment and furniture and equipment.

Beverly holds a franchise with Beverly  International  to market the nutritional
products.  A total of $15,000 was paid for the franchise and is being  amortized
over 15 years.

         Earnings per Common Share

The Company adopted Financial Accounting Standards (SFAS) No. 128, "Earnings Per
Share," which  simplifies the  computation  of earnings per share  requiring the
restatement of all prior periods.

Basic  earnings  per share are  computed  on the basis of the  weighted  average
number of common shares outstanding during each year.

Diluted  earnings per share are  computed on the basis of the  weighted  average
number of common shares and dilutive securities outstanding. Dilutive securities
having an  anti-dilutive  effect on diluted earnings per share are excluded from
the calculation.

Comprehensive Income

Statement  of  Financial   Accounting   Standards  (SFAS)  No.  130,  "Reporting
Comprehensive  Income,"  establishes  standards  for  reporting  and  display of
comprehensive  income,  its components and accumulated  balances.  Comprehensive
income is defined to include all changes in equity except those  resulting  from
investments by owners and distributions to owners. Among other disclosures, SFAS
No.130 requires that all items that are required to be recognized  under current
accounting  standards as  components  of  comprehensive  income be reported in a
financial  statement  that is  displayed  with  the  same  prominence  as  other
financial statements.  The Company does not have any assets requiring disclosure
of comprehensive income.

Segments of an Enterprise and Related Information

Statement of Financial  Accounting  Standards (SFAS) No. 131,  Disclosures about
Segments of an  Enterprise  and  Related  Information,  supersedes  SFAS No. 14,
"Financial   Reporting  for  Segments  of  a  Business   Enterprise."  SFAS  131
establishes standards for the way that public companies report information about
operating  segments in annual  financial  statements  and requires  reporting of
selected  information about operating  segments in interim financial  statements
issued to the public.  It also establishes  standards for disclosures  regarding
products and services,  geographic areas and major  customers.  SFAS 131 defines
operating  segments as components of a company  about which  separate  financial
information  is  available  that is evaluated  regularly by the chief  operating
decision  maker  in  deciding  how  to  allocate   resources  and  in  assessing
performance.  The  Company  has  evaluated  this SFAS and does not believe it is
applicable at this time.




                                        7

                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 1  -  Summary of Significant Accounting Policies (con't)

Accounting for Derivative Instruments and Hedging Activities

Statement  of  Financial   Accounting  Standards  (SFAS)  133,  "Accounting  for
Derivative  Instruments  and Hedging  Activities,"  establishes  accounting  and
reporting  standards for derivative  instruments,  including certain  derivative
instruments   embedded  in  other  contracts,   (collectively   referred  to  as
derivatives)  and for hedging  activities.  It requires that an entity recognize
all  derivatives  as either assets or  liabilities in the statement of financial
position and measure those instruments at fair value. If certain  conditions are
met, a derivative may be specifically  designated as (a) a hedge of the exposure
to  changes  in  the  fair  value  of a  recognized  asset  or  liability  or an
unrecognized firm commitment, (b) a hedge of the exposure to variable cash flows
of a forecasted transaction,  or (c) a hedge of the foreign currency exposure of
a net investment in a foreign  operation,  an unrecognized  firm commitment,  an
available-for  sale  security,  or  a  foreign-currency-denominated   forecasted
transaction.   Because  the  Company  has  no   derivatives,   this   accounting
pronouncement has no effect on the Company's financial statements.


Note 2  -  Common Stock

In July 0f 1998, a total of 985,000 shares of stock were issued for founders and
consulting  services.  On February  24,  2000,  the  Company  approved a 10 to 1
forward  split  of the  outstanding  shares.  There  were  a  total  of  985,000
outstanding  prior to the  forward  split,  which  relates to  9,850,000  shares
outstanding. The financial statements have been retroactively restated to record
this forward split.


Note 3  -  Related Parties

There were no significant related party transactions.


Note 4 - Going Concern

The Company has had little or no operations  to date,  has little or no tangible
assets or financial resources, and incurred losses since inception. These losses
and lack of operations raise  substantial  doubt about the Company's  ability to
continue as a going concern.










                                        8


                        Entertainment Trends Corporation
                          Notes to Financial Statements


Note 5 - Income Taxes

Deferred  income  taxes  arise from  temporary  differences  resulting  from the
Company's subsidiary utilizing the cash basis of accounting for tax purposes and
the  accrual  basis  for  financial  reporting  purposes.   Deferred  taxes  are
classified as current or  non-current,  depending on the  classification  of the
assets and liabilities to which they relate.  Deferred taxes arising from timing
differences  that are not related to an asset or  liability  are  classified  as
current or non-current  depending on the periods in which the timing differences
are expected to reverse. The Company's previous principal temporary  differences
relate to revenue and expenses  accrued for  financial  purposes,  which are not
taxable for  financial  reporting  purposes.  The Company's  material  temporary
differences  consist of bad debt expense  recorded in the  financial  statements
that is not  deductible  for tax purposes and  differences  in the  depreciation
expense calculated for financial statement purposes and tax purposes.


Note 6  -  Subsequent Events

There were no other  material  subsequent  events that have  occurred  since the
balance sheet date that warrants disclosure in these financial statements.







                                        9





ITEM 8.     CHANGE IN FISCAL YEAR

Not applicable.






EXHIBITS

1.1  Agreement and Plan of Merger between Daljama, Inc. and Entertainment Trends
     Corporation.

1.2  Articles  of  Merger  between  Daljama,   Inc.  and  Entertainment   Trends
     Corporation

27.1 Financial Data Schedule



                                SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly caused this Current  Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.


                                            ENTERTAINMENT TRENDS, INC.

                                            By /s James P. Massengale
                                                     President


Date: November 21, 2000
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "FORM 8-K", "secsgml_size_bytes": 40634}]
{"company-data": {"conformed-name": "DALJAMA INC", "cik": "0001122152", "assigned-sic": "6770", "irs-number": "752877875", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-31447", "film-number": "777079"}, "business-address": {"street1": "1353 MIDDLETON DR", "city": "CEDAR HILLS", "state": "TX", "zip": "75104"}, "mail-address": {"street1": "1353 MIDDLETON DR", "city": "CEDAR HILLS", "state": "TX", "zip": "75104"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D.C., 20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) November 21, 2000

                        Commission file number 000-31447

                                  DALJAMA, INC.
               (Exact name of registrant as specified in charter)
Texas                                       75-2877875
 (State of other jurisdiction of             (I.R.S. Employer
 incorporation or organization)              Identification Number)
1353 Middleton Dr. Cedar Hill, Texas 75104

               (Address of Principal Executive Office) (Zip Code)
                                 (972) 293-1115
                (Registrant's Executive Office Telephone Number)

ITEM 1.   CHANGES IN CONTROL OF REGISTRANT

     (a) Pursuant to an  Acquisition  Agreement  and Plan of Merger (the "Merger
Agreement")  dated as of November 21, 2000  between  Entertainment  Trends,  Inc
("ET"), a Texas corporation, and Daljama, Inc. ("DAL"), a Texas corporation, all
the  outstanding  shares of common stock of DAL were exchanged for 10,000 shares
of  common  stock  of  ET  in a  transaction  in  which  ET  was  the  surviving
corporation.

     The Merger  Agreement was adopted by the unanimous  consent of the Board of
Directors of DAL on November 21, 2000.  The Merger  Agreement was adopted by the
unanimous  consent of the Board of Directors  of ET on November  21,  2000.  The
Articles of Merger  were filed on November  21,  2000.  The  officers of ET will
continue as officers of ET.

     A copy of the Merger  Agreement is filed as an exhibit to this Form 8-K and
is incorporated in its entirety herein. The foregoing description is modified by
such reference.

     (b) The following table contains information regarding the shareholdings of
ET's current directors and executive  officers and those persons or entities who
beneficially own more than 5% of its common stock (giving effect to the exercise
of the warrants held by each such person or entity):
------------------------- -------------------------- --------------------------

                             Amount of Common          Percent of Common Stock
                             Stock Beneficially          Beneficially Owned
     Name                          Owned (1)

------------------------- -------------------------- --------------------------
------------------------- -------------------------- --------------------------

James P. Massengale                2,750,000                    27.9%
------------------------- -------------------------- --------------------------
------------------------- -------------------------- --------------------------

Carolyn J. Massengale              2,750,000                    27.9%
------------------------- -------------------------- --------------------------
------------------------- -------------------------- --------------------------

Bonita S. Clifton                  2,750,000                    27.9%
------------------------- -------------------------- --------------------------
(1)    Based upon 9,850,000  outstanding  shares of common stock  (subsequent to
       the merger).

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS

(a) The consideration  exchanged pursuant to the Merger Agreement was negotiated
between DAL and ET.

BUSINESS

Entertainment  Trends  Corporation  was  formed as an  internet  website  design
company as well as a holding company for other businesses.  Entertainment Trends
Corporation operates through its' wholly owned subsidiary Beverly  International
Southwest,  a retailer through the internet,  retail stores and fitness centers,
vitamin and nutritional  products.  Entertainment Trends Corporation designs and
develops websites and maintains the website for Beverly International.

Currently,   Beverly   International   Nutrition   Southwest   markets   Beverly
International  Nutrition,  high  quality  researched  dietary  sports  nutrition
supplements, vitamins, minerals and health and fitness related products. Beverly
International  Southwest  wholesales  to gyms and  health  and  fitness  stores.
Beverly  International  also  retails  to the  general  public  in an  exclusive
territory  of  Texas,  New  Mxico,  Colorado,  Oklahoma,  Kansas,  Missouri  and
Louisiana.  Initially Beverly International  supplied products for athletes only
but as fitness became more popular the general public has been a good market.

Initially  Entertainment Trends Corporation developed and maintained the website
for the corporate headquarters of Beverly International  Nutrition.  The company
was  sold  in  1999.  As  a  result  the  corporate   website  was  retained  by
Entertainment  Trends  and  now  allows  Beverly  International  South  West  to
distribute nutritional supplements through the internet.

Litigation

There is no  outstanding  litigation  in which the Company is  involved  and the
Company is unaware of any pending actions or claims against it.

Description of Securities

In February 2000 the company  authorized a 10 for 1 forward split in preparation
for going public.  The  outstanding  stock went from 985,000 shares to 9,850,000
shares.  The  authorized  capital stock of the Company  consists of  100,000,000
shares of common stock,  par value $.001 per share, of which there are 9,850,000
issued.  The Company also has 50,000,000  shares of preferred  stock,  par value
$.001 per share authorized of which none are issued at this time,  however,  the
officers  and  directors  of the company have the right to amend the articles of
incorporation  at any time to increase or decrease the amount of preferred stock
authorized. The following statements relating to the capital stock set forth the
material terms of the Company's  securities;  however,  reference is made to the
more detailed provisions of, and such statements are qualified in their entirety
by reference to, the Certificate of Incorporation and the By-laws.

Common Stock

Holders of shares of common stock are entitled to one vote for each share on all
matters to be voted on by the stockholders.  Holders of common stock do not have
cumulative voting rights.  Holders of common stock are entitled to share ratably
in  dividends,  if any,  as may be  declared  from  time to time by the Board of
Directors in its discretion from funds legally available therefore. In the event
of a  liquidation,  dissolution  or winding up of the  Company,  the  holders of
common stock are entitled to share pro rata all assets  remaining  after payment
in full of all  liabilities.  All of the outstanding  shares of common stock are
fully paid and non-assessable.

Holders of common  stock have no  preemptive  rights to purchase  the  Company's
common  stock.  There are no  conversion  or  redemption  rights or sinking fund
provisions with respect to the common stock.

Preferred Stock

The Board of Directors is authorized to amend the articles of  incorporation  to
provide  for the  issuance  of  preferred  stock  in  series  and,  by  filing a
certificate  pursuant to the applicable law of Texas,  to establish from time to
time the number of shares to be  included  in each such  series,  and to fix the
designation,  powers,  preferences  and rights of the shares of each such series
and the qualifications,  limitations or restrictions thereof without any further
vote or action by the  shareholders.  Any  shares of  preferred  stock so issued
would  have  priority  over  the  common  stock  with  respect  to  dividend  or
liquidation  rights.  Any future issuance of preferred stock may have the effect
of delaying,  deferring or preventing a change in control of the Company without
further action by the shareholders and may adversely affect the voting and other
rights of the holders of common stock.  At present,  the Company has no plans to
issue  any  preferred   stock  nor  adopt  any  series,   preferences  or  other
classification of preferred stock.

The issuance of shares of preferred stock, or the issuance of rights to purchase
such shares,  could be used to discourage an unsolicited  acquisition  proposal.
For  instance,  the  issuance  of a series of  preferred  stock  might  impede a
business  combination  by including  class  voting  rights that would enable the
holder to block such a  transaction,  or  facilitate a business  combination  by
including  voting  rights that would provide a required  percentage  vote of the
stockholders.  In  addition,  under  certain  circumstances,   the  issuance  of
preferred  stock could  adversely  affect the voting power of the holders of the
common  stock.  Although  the  Board  of  Directors  is  required  to  make  any
determination to issue such stock based on its judgment as to the best interests
of the stockholders of the Company, the Board of Directors could act in a manner
that would discourage an acquisition  attempt or other transaction that some, or
a majority,  of the stockholders  might believe to be in their best interests or
in which  stockholders  might  receive a premium  for their  stock over the then
market price of such stock. The Board of Directors does not at present intend to
seek stockholder  approval prior to any issuance of currently  authorized stock,
unless  otherwise  required by law or stock exchange  rules.  The Company has no
present plans to issue any preferred stock.

MARKET FOR ET's SECURITIES

ET is  currently  not  trading  but as a result of this  merger  has  elected to
continue with the reporting requirements of the 1934 Securities and Exchange Act
as  amended.   The  Entertainment   Trends  Corporation  intends  to  apply  for
application  to  trade on the Over  The  Counter  Bulletin  Board as soon as the
merger document has been filed with the Securities and Exchange Commission.

MANAGEMENT
------------------------------ ------------- ---------------------------

          Name                     Age         Title
------------------------------ ------------- ---------------------------
------------------------------ ------------- ---------------------------

James P.  Massengale                49       President/Director
------------------------------ ------------- ---------------------------
------------------------------ ------------- ---------------------------

Carolyn J. Massengale               52       Vice President/Director
------------------------------ ------------- ---------------------------
------------------------------ ------------- ---------------------------

Bonita S. Clifton                   42       Secretary/Director
------------------------------ ------------- ---------------------------
James P.  Massengale  President/Director  has 30 years of  promotion  and  sales
experience.  For the past  five  years he has been the  owner  and  operator  of
Beverly  International  Nutrition Southwest which is the wholly owned subsidiary
of Entertainment Trends Corporation, a nutrition and sports supplement wholesale
distributorship.  Beverly  International  Nutrition  Southwest  markets  Beverly
International   Nutrition,   high   quality,    researched   products.   Beverly
International SW wholesales to gyms and health and fitness stores and retails to
the general  public in an exclusive  territory of Texas,  New Mexico,  Colorado,
Oklahoma,  Kansas,  Missouri  and  Lousiana.  James is the  husband  of  Carolyn
Massengale who is a Vice President of our Company.

Carolyn  Massengale  Vice  President/Director  has 30  years  of  administrative
experience.  For the past five years  Carolyn has assisted in the  operations of
Beverly  international  with her  husband  James  Massengale  by adding  Beverly
International  apparel and the Beverly  International Web Site. Mrs.  Massengale
also has 14 years of  experience as a legal  assistant.  For the past five years
she has also been the administrative coordinator for National Physique Committee
athletic events. Carolyn is the wife of James Massengale our President.

Bonita S. Clifton Secretary/Director has been our Secretary and a director since
our inception.  She has been self-employed  since September of 1985 as an author
of fiction,  although she devotes less than full time to such  occupation.  Mrs.
Clifton has an  Associates  of Applied  Science  Degree in  Business  from Blair
College in Colorado Springs, Colorado.

Executive Compensation

Entertainement  Trends  Corporation  does not currently pay remuneration to its'
Officers and Directors. The three directors of the Company hold office until the
next annual meeting of  shareholders  or until their  successors are elected and
qualified.  At present,  the Company's  Bylaws provide for not less than one nor
more than five directors.  Currently,  there are three directors of the Company.
The Bylaws  permit the Board of Directors to fill any vacancy and such  director
may serve until the next annual meeting of  shareholders  or until his successor
is elected  and  qualified.  Officers  serve at the  discretion  of the Board of
Directors.

RISK FACTORS

Competition from larger and more established companies may hamper marketability.
ET may face intense competition from similar, more well established competitors,
including  national,  regional  and  local  companies  possessing  substantially
greater financial,  marketing, personnel and other resources than ET. ET may not
be able to market or sell its products if faced with direct product  competition
from these larger or more established companies.

Issuance of future  shares may dilute  investors  share  value.  The Articles of
Incorporation as amended of ET authorizes the issuance of 100,000,000  shares of
common stock and 50,000,000  shares of preferred  stock.  The future issuance of
all or part of the remaining  authorized  common stock may result in substantial
dilution in the  percentage of the  Company's  common stock held by the its then
existing  shareholders.  Moreover,  any common stock issued in the future may be
valued on an  arbitrary  basis by ET. The issuance of the  Company's  shares for
future services or  acquisitions or other corporate  actions may have the effect
of diluting the value of the shares held by investors, and might have an adverse
effect on any trading market,  should a trading market develop for the Company's
common stock.

Current trading market for the Company's securities.

ET's  common  stock is not  currently  trading  however  upon the closing of the
merger ET plans to apply for a listing to trade  its' stock on the OTC  Bulletin
Board maintained by Nasdaq.

Penny  Stock Regulation.

The Company's  common stock may be deemed a penny stock.  Penny stocks generally
are  equity  securities  with a price of less than  $5.00 per share  other  than
securities  registered on certain national securities exchanges or quoted on the
Nasdaq Stock Market,  provided that current  price and volume  information  with
respect to  transactions  in such  securities  is  provided  by the  exchange or
system.  The  Company's  securities  may be subject to "penny  stock rules" that
impose additional sales practice  requirements on  broker-dealers  who sell such
securities to persons other than established  customers and accredited investors
(generally  those with assets in excess of $1,000,000 or annual income exceeding
$200,000 or $300,000  together with their spouse).  For transactions  covered by
these rules, the broker-dealer must make a special suitability determination for
the  purchase of such  securities  and have  received  the  purchaser's  written
consent  to  the  transaction  prior  to the  purchase.  Additionally,  for  any
transaction  involving a penny  stock,  unless  exempt,  the "penny stock rules"
require  the  delivery,  prior  to the  transaction,  of a  disclosure  schedule
prescribed  by  the  Commission   relating  to  the  penny  stock  market.   The
broker-dealer  also must  disclose the  commissions  payable to both the broker-
dealer  and  the  registered  representative  and  current  quotations  for  the
securities.  Finally,  monthly  statements must be sent disclosing  recent price
information  on the limited  market in penny  stocks.  Consequently,  the "penny
stock rules" may restrict the ability of  broker-dealers  to sell the  Company's
securities.  The foregoing  required penny stock  restrictions will not apply to
the Company's  securities if such securities maintain a market price of $5.00 or
greater.  There can be no assurance  that the price of the Company's  securities
will reach or maintain such a level.

ITEM 3.     BANKRUPTCY OR RECEIVERSHIP

Not applicable.

ITEM 4.   CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

Not applicable.

ITEM 5.     OTHER EVENTS

Not applicable.

ITEM 6.     RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS

     Pursuant  to the  Merger  Agreement  James P.  Massengale  will  remain  as
President,  Carolyn J. Massengale will remain as Vice President and Director and
Bonita S. Clifton will remain as Secretary and Director of ET.

ITEM 7.     FINANCIAL STATEMENTS

Enclosed are the audited  Financial  statements  for the year ended December 31,
1999.  The  financial  statements  for the year ended  December 31, 2000 will be
included in the annual report.

                        Entertainment Trends Corporation

                                December 31, 1999

                               Clyde Bailey, P.C.
                           Certified Public Accountant
                            10924 Vance Jackson #404
                            San Antonio, Texas 78230

           CONTENTS

       PAGE      1 - INDEPENDENT AUDITORS' REPORT

       PAGE      2 - BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31, 1999

       PAGE      3 - STATEMENT OF OPERATIONS FOR THE PERIOD
                     DECEMBER 31, 1999

       PAGE      4 - STATEMENT OF CHANGES IN STOCKHOLDER'S
                     EQUITY FOR THE YEAR ENDED DECEMBER 31, 1999 AND  FOR
                     THE SIX MONTHS ENDED JUNE 30, 2000

       PAGE      5 - STATEMENT OF CASH FLOWS FOR THE YEAR ENDED
                      DECEMBER 31, 1999

       PAGES  6 -8 - NOTES TO FINANCIAL STATEMENTS AS OF
                     DECEMBER 31, 1999

CLYDE BAILEY P.C.
--------------------------------------------------------------------------------
                                                     Certified Public Accountant
                                                        10924 Vance Jackson #404
                                                        San Antonio, Texas 78230
                                                            (210) 699-1287(ofc.)
                                             (888) 699-1287 (210) 691-2911 (fax)
                                                                         Member:
                                                     American Institute of CPA's
                                                          Texas Society of CPA's

Board of Directors
Entertainment Trends Corporation

                          INDEPENDENT AUDITOR'S REPORT

I  have  audited  the  accompanying   balance  sheet  of  Entertainment   Trends
Corporation  (Company)  as of December  31, 1999 and the  related  statement  of
operations,  statement of stockholders'  equity, and the statement of cash flows
for the year  ended  December  31,  1999.  These  financial  statements  are the
responsibility of the Company's  management.  My responsibility is to express an
opinion on these statements based on my audit.

I conducted my audit in accordance with generally  accepted auditing  standards.
Those standards  require that I plan and perform the audit to obtain  reasonable
assurance   about  whether  the  financial   statements  are  free  of  material
misstatement.  An audit includes examining on a test basis,  evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the  accounting  principles  used and  significant  estimates  made by
management,  as well as evaluating the overall financial statement presentation.
I believe that my audit provides a reasonable basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of the Company as of December 31, 1999
and the results of its operations and its cash flows for the years then ended in
conformity with generally accepted accounting principles

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 4 to the
financial statements, the Company has no viable operations to date and little or
no tangible assets that raise substantial doubt about its ability to continue as
a going concern.  The financial  statements do not include any adjustments  that
might result from the outcome of this uncertainty.

                                 S/ Clyde Bailey
                                Clyde Bailey P.C.
San Antonio, Texas
November 21, 2000
                                        1

                        Entertainment Trends Corporation
                                  Balance Sheet
                             As of December 31, 1999
A S S E T S
Current Assets
 Cash                                 $             1,501
 Inventory                                          8,042
                                      ---------------------
   Total Current Assets                                                  9,543
                                                              ------------------

Fixed Assets
 Property and Equipment                            17,610
                                       --------------------
   Less: Accumulated Depreciation                  (5,495)
                                       --------------------

   Total Fixed Assets                                                   12,115
                                                               -----------------

Other Assets:
 Franchise Fee, net                                14,000               14,000
                                       ---------------------   ----------------

   Total Assets                                                 $       35,658
                                                               ================

                     L I A B I L I T I E S
Current Liabilities
 Other Current Liability                               -
                                        --------------------

   Total Current Liabilities                                             -
                                                              -----------------

   Total Liabilities                                                     -

 Commitments and Contingencies                                           -

                    S T O C K H O L D E R S ' E Q U I T Y
Preferred Stock

Common Stock                                                             9,850

       (Retroactively Restated)
Additional Paid-in-Capital                                              51,229
Accumulated Surplus                                                    (25,421)
                                                               ----------------

  Total Stockholders' Equity (Deficit)                                  35,658
                                                               ----------------
  Total Liabilities and Stockholders' Equity                    $       35,658
                                                               ================
2

                      Entertainment Trends Corporation
                           Statement of Operations
                           As of December 31, 1999
.........................................
Revenues:

       Revenues .............................   $
                                                   40,219
                                                ---------

            Total Revenues
                                                   40,219

Cost of Revenues
       Cost of Revenues
                                                   26,557
                                                ---------

            Gross Profit
                                                   13,662

Expenses:

       Rent
                                                    6,776
       Depreciation Expense
                                                    3,964
       Amortization Expense
                                                    1,000
       Internet Service
                                                    5,231
       Utilities
                                                    7,009
       Other Expenses
                                                    5,952
                                                ---------

            Total Expenses
                                                   29,932

            Net Income (Loss) from Operations   $
                                                  (16,270)

Provision for Income Taxes:

       Income Tax Benefit (Expense)
                                                ---------

                                                ---------
           Net Income (Loss) ................   $
                                                  (16,270)
                                                =========

Basic and Diluted Earnings Per Common Share
                                                   (0.002)
                                                ---------

Weighted Average number of Common Shares ....   9,850,000
                                                =========
      used in per share calculations ........   *

      * - Retroactively Restated
3

                        Entertainment Trends Corporation
                        Statement of Stockholders' Equity
                             As of December 31, 1999
*                            ***         $  0.001   Paid-In        Accumulated Stockholders'
 *                            Shares      Par Value  Capital         Deficit      Equity
 *                                                                                  --

   Balance, January 1, 1999   9,850,000   $  9,850   $     51,229   $ (9,151)   $ 51,928

   Net Income  (Loss)              --         --             --      (16,270)    (16,270)

                                                                                --------

   Balance June 30, 2000      9,850,000   $  9,850   $     51,229   $(25,421)   $ 35,658
                                                                                ========
Retroactively Restated

                                        4

                          Entertainment Trends Corporation
                               Statement of Cashflows
                              As of December 31, 1999
Cash Flows from Operating Activities:

       Net Income (Loss)                             $
                                                      (16,270)

      Changes in operating assets and liabilities:
               Depreciation /Amortization
                                                        4,964
               Stock Issued for Services
                                                     --------
              Inventory
                                                       (8,042)
               Other Liabilities
                                                     --------
                                                     --------

               Total Adjustments
                                                       (3,078)
                                                     --------

Net Cash Used in Operating Activities                $
                                                      (19,348)

Cash Flows from Investing Activities:

       Fixed Assets
                                                      (26,293)
                                                     --------

Net Cash Used in Investing Activities                $
                                                      (26,293)
                                                     --------

Cash Flows from Financing Activities:

       Note Payable
                                                     --------
       Paid in Capital
                                                       45,937
                                                     --------

Net Cash Provided for Financing Activities           $
                                                       45,937
                                                     --------

                                                     $
Net Increase (Decrease) in Cash                           296

Cash Balance,  Begin Period                             1,205
                                                     --------

                                                     $
Cash Balance,  End Period                               1,501
                                                     ========

Supplemental Disclosures:
      Cash Paid for interest                         $   --
      Cash Paid for income taxes                     $   --
      Stock Issued for Services
5

                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 1  -  Summary of Significant Accounting Policies

Organization

Entertainment Trends Corporation ("the Company") was incorporated under the laws
of the State of Texas on June 30,  1998 for the  purpose to promote and carry on
any lawful business for which a corporation  may be incorporated  under the laws
of the State of  Delaware.  The  company has a total of  100,000,000  authorized
common  shares  with a par value of $.001 per  share and with  9,850,000  shares
issued and  outstanding  as of December  31,  1999.  On February  24,  2000,  an
amendment to the Articles of Incorporation was filed with the Texas Secretary of
State to increase the  authorized  common shares to  100,000,000  authorized and
50,000,000 in preferred shares.

On July 5, 1998, the Company acquired Beverly International  Nutrition (Beverly)
as a  division  of the  Company.  Beverly  offers  quality,  researched  dietary
supplements, vitamins, minerals, and health and fitness related products.

Federal Income Tax

The Company has adopted the provisions of Financial  Accounting  Standards Board
Statement No. 109,  Accounting for Income Taxes. The Company accounts for income
taxes pursuant to the  provisions of the Financial  Accounting  Standards  Board
Statement No. 109,  "Accounting  for Income Taxes",  which requires an asset and
liability approach to calculating deferred income taxes. The asset and liability
approach requires the recognition of deferred tax liabilities and assets for the
expected future tax consequences of temporary  differences  between the carrying
amounts and the tax basis of assets and liabilities.

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  on
contingent assets and liabilities at the date of the financial  statements,  and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates.

Accounting Method

     The Company's financial statements are prepared using the accrual method of
accounting.  Revenues are  recognized  when earned and expenses  when  incurred.
Fixed  assets  are  stated  at cost.  Depreciation  and  amortization  using the
straight-line  method for financial  reporting purposes and accelerated  methods
for income tax purposes.

Inventory
     Inventory consists of nutritional products and is valued at cost.

                                        6

                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 1  -  Summary of Significant Accounting Policies (con't)

Fixed Assets
Fixed Assets are recorded at cost and  depreciated  over the useful lives of the
assets. The assets consist of computer equipment and furniture and equipment.

Beverly holds a franchise with Beverly  International  to market the nutritional
products.  A total of $15,000 was paid for the franchise and is being  amortized
over 15 years.

         Earnings per Common Share

The Company adopted Financial Accounting Standards (SFAS) No. 128, "Earnings Per
Share," which  simplifies the  computation  of earnings per share  requiring the
restatement of all prior periods.

Basic  earnings  per share are  computed  on the basis of the  weighted  average
number of common shares outstanding during each year.

Diluted  earnings per share are  computed on the basis of the  weighted  average
number of common shares and dilutive securities outstanding. Dilutive securities
having an  anti-dilutive  effect on diluted earnings per share are excluded from
the calculation.

Comprehensive Income

Statement  of  Financial   Accounting   Standards  (SFAS)  No.  130,  "Reporting
Comprehensive  Income,"  establishes  standards  for  reporting  and  display of
comprehensive  income,  its components and accumulated  balances.  Comprehensive
income is defined to include all changes in equity except those  resulting  from
investments by owners and distributions to owners. Among other disclosures, SFAS
No.130 requires that all items that are required to be recognized  under current
accounting  standards as  components  of  comprehensive  income be reported in a
financial  statement  that is  displayed  with  the  same  prominence  as  other
financial statements.  The Company does not have any assets requiring disclosure
of comprehensive income.

Segments of an Enterprise and Related Information

Statement of Financial  Accounting  Standards (SFAS) No. 131,  Disclosures about
Segments of an  Enterprise  and  Related  Information,  supersedes  SFAS No. 14,
"Financial   Reporting  for  Segments  of  a  Business   Enterprise."  SFAS  131
establishes standards for the way that public companies report information about
operating  segments in annual  financial  statements  and requires  reporting of
selected  information about operating  segments in interim financial  statements
issued to the public.  It also establishes  standards for disclosures  regarding
products and services,  geographic areas and major  customers.  SFAS 131 defines
operating  segments as components of a company  about which  separate  financial
information  is  available  that is evaluated  regularly by the chief  operating
decision  maker  in  deciding  how  to  allocate   resources  and  in  assessing
performance.  The  Company  has  evaluated  this SFAS and does not believe it is
applicable at this time.

                                        7

                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 1  -  Summary of Significant Accounting Policies (con't)

Accounting for Derivative Instruments and Hedging Activities

Statement  of  Financial   Accounting  Standards  (SFAS)  133,  "Accounting  for
Derivative  Instruments  and Hedging  Activities,"  establishes  accounting  and
reporting  standards for derivative  instruments,  including certain  derivative
instruments   embedded  in  other  contracts,   (collectively   referred  to  as
derivatives)  and for hedging  activities.  It requires that an entity recognize
all  derivatives  as either assets or  liabilities in the statement of financial
position and measure those instruments at fair value. If certain  conditions are
met, a derivative may be specifically  designated as (a) a hedge of the exposure
to  changes  in  the  fair  value  of a  recognized  asset  or  liability  or an
unrecognized firm commitment, (b) a hedge of the exposure to variable cash flows
of a forecasted transaction,  or (c) a hedge of the foreign currency exposure of
a net investment in a foreign  operation,  an unrecognized  firm commitment,  an
available-for  sale  security,  or  a  foreign-currency-denominated   forecasted
transaction.   Because  the  Company  has  no   derivatives,   this   accounting
pronouncement has no effect on the Company's financial statements.

Note 2  -  Common Stock

In July 0f 1998, a total of 985,000 shares of stock were issued for founders and
consulting  services.  On February  24,  2000,  the  Company  approved a 10 to 1
forward  split  of the  outstanding  shares.  There  were  a  total  of  985,000
outstanding  prior to the  forward  split,  which  relates to  9,850,000  shares
outstanding. The financial statements have been retroactively restated to record
this forward split.

Note 3  -  Related Parties

There were no significant related party transactions.

Note 4 - Going Concern

The Company has had little or no operations  to date,  has little or no tangible
assets or financial resources, and incurred losses since inception. These losses
and lack of operations raise  substantial  doubt about the Company's  ability to
continue as a going concern.

                                        8

                        Entertainment Trends Corporation
                          Notes to Financial Statements

Note 5 - Income Taxes

Deferred  income  taxes  arise from  temporary  differences  resulting  from the
Company's subsidiary utilizing the cash basis of accounting for tax purposes and
the  accrual  basis  for  financial  reporting  purposes.   Deferred  taxes  are
classified as current or  non-current,  depending on the  classification  of the
assets and liabilities to which they relate.  Deferred taxes arising from timing
differences  that are not related to an asset or  liability  are  classified  as
current or non-current  depending on the periods in which the timing differences
are expected to reverse. The Company's previous principal temporary  differences
relate to revenue and expenses  accrued for  financial  purposes,  which are not
taxable for  financial  reporting  purposes.  The Company's  material  temporary
differences  consist of bad debt expense  recorded in the  financial  statements
that is not  deductible  for tax purposes and  differences  in the  depreciation
expense calculated for financial statement purposes and tax purposes.

Note 6  -  Subsequent Events

There were no other  material  subsequent  events that have  occurred  since the
balance sheet date that warrants disclosure in these financial statements.

                                        9

ITEM 8.     CHANGE IN FISCAL YEAR

Not applicable.

EXHIBITS

1.1  Agreement and Plan of Merger between Daljama, Inc. and Entertainment Trends
     Corporation.

1.2  Articles  of  Merger  between  Daljama,   Inc.  and  Entertainment   Trends
     Corporation

27.1 Financial Data Schedule

                                SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly caused this Current  Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.

                                            ENTERTAINMENT TRENDS, INC.

                                            By /s James P. Massengale
                                                     President

Date: November 21, 2000