United States
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                       Commission File Number:  000-28881

                  For the First Quarter ended December 31, 2001


                OASIS ENTERTAINMENT'S FOURTH MOVIE PROJECT, INC.

Nevada                                                                76-0528600
(Jurisdiction  of  Incorporation)         (I.R.S. Employer  Identification  No.)

24843  Del  Prado,  Suite  326  Dana  Point,  California     92629
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:     (949)  487-7295

Securities  registered  pursuant  to  Section  12(b)  of  the  Act:     None

Securities  registered  pursuant  to  Section 12(g) of the Act:     Common Stock

As  of December 31, 2001, 72,299,912 shares of the Registrants Common Stock were
issued  and  outstanding.

Transitional  Small  Business  Disclosure  Format  (check one): yes [ ]   no [X]


                          PART I: FINANCIAL INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS.

     The  financial  statements,  for  the three months ended December 31, 2001,
included herein have been prepared by the Company, without audit pursuant to the
rules  and  regulations  of  the  Securities  and  Exchange  Commission. Certain
information  and  footnotes disclosure normally included in financial statements
prepared  in  accordance with generally accepted accounting principles have been
condensed  or  omitted  pursuant  to  such  rules  and regulations, although the
Company  believes  that the disclosures are adequate to make the information not
misleading.

The  Remainder  of  this  Page  is  Intentionally  left  Blank

                                        1
<PAGE>

                OASIS ENTERTAINMENT'S FOURTH MOVIE PROJECT, INC.
                            BALANCE SHEET (UNAUDITED)
                  for the fiscal year ended September 30, 2001
                     and the period ended December 31, 2001

<TABLE>
<CAPTION>
                                                      December 31,   September 30,
                                                          2001          2001
--------------------------------------------------------------------------------
                                                        (Unaudited)
<S>                                                     <C>           <C>
                               ASSETS

CURRENT ASSETS
Cash . . . . . . . . . . . . . . . . . . . . . . . . .  $         0   $       0
                                                        ------------  ----------
TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . .            0           0
OTHER ASSETS
Note receivable. . . . . . . . . . . . . . . . . . . .      138,578     138,578
Investments. . . . . . . . . . . . . . . . . . . . . .      349,350     349,350
                                                        ------------  ----------
TOTAL OTHER ASSETS . . . . . . . . . . . . . . . . . .      487,928     487,928
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . .  $   487,928   $ 487,928
                                                        ============  ==========

      LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Notes payable - related parties. . . . . . . . . . . .  $   499,794   $ 346,101
                                                        ------------  ----------
TOTAL LIABILITIES. . . . . . . . . . . . . . . . . . .      499,794     346,101

STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; authorized 100,000,000
   shares; issued and outstanding, 92,299,904 shares
   and 92,299,904 shares respectively. . . . . . . . .       92,300      92,300
Additional Paid-In Capital . . . . . . . . . . . . . .      574,908     574,908
Accumulated other comprenhensive income (loss) . . . .       94,350      94,350
Accumulated Equity (Deficit) . . . . . . . . . . . . .     (773,424)   (619,731)
                                                        ------------  ----------
Total Stockholders' Equity . . . . . . . . . . . . . .      (11,866)    141,827
                                                        ------------  ----------
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY . . . . . . .  $   487,928   $ 487,928
                                                        ============  ==========
</TABLE>
                  The accompanying notes are an integral part
                         of these financial statements.

                                        2
<PAGE>

                OASIS ENTERTAINMENT'S FOURTH MOVIE PROJECT, INC.
                      STATEMENTS OF CASH FLOW (UNAUDITED)
                           December 31, 2000 and 2001

<TABLE>
<CAPTION>
                                                                                        From
                                                                                    Inception on
                                                                   From October        April 9,
                                                                   1, 2001 to        1998 through
                                                                   December 31,      December 31,
                                                                2001        2000        2001
                                                             ----------  ----------  ----------
<S>                                                          <C>         <C>         <C>
  Operating Activities
    Net Income (Loss) . . . . . . . . . . . . . . . . . . .  $(153,693)  $(404,165)  $(773,424)
    Bad debt expense. . . . . . . . . . . . . . . . . . . .          0      46,300      46,300
    Common Stock issued for services. . . . . . . . . . . .          0     160,000     160,000
    Interest on notes payable - related party . . . . . . .          0       9,000      26,208
  Changes in assets and liabilities
    (Increase) in interest receivable . . . . . . . . . . .          0     (11,548)    (38,578)
    Increase in accounts payable. . . . . . . . . . . . . .    153,693         949     154,642
                                                             ----------  ----------  ----------
  Net Cash from Operations. . . . . . . . . . . . . . . . .          0    (199,464)   (424,852)
  Cash flows from investing activities
  Cash paid for investments . . . . . . . . . . . . . . . .          0           0    (255,000)
                                                             ----------  ----------  ----------
  Net cash (used) by investing activities . . . . . . . . .          0           0    (255,000)
                                                             ----------  ----------  ----------

  Cash flows from financing activities

  Proceeds paid on notes receivable - related parties . . .          0           0    (246,300)
  Principal received on notes receivable - related parties.          0           0     100,000
  Proceeds received on notes payable - related parties. . .          0     198,969     345,152
  Common stock issued for cash. . . . . . . . . . . . . . .          0           0     481,000
                                                             ----------  ----------  ----------
  Net cash provided by financing activities . . . . . . . .          0     198,969     679,852
                                                             ----------  ----------  ----------
  Net increase (decrease) in Cash . . . . . . . . . . . . .          0        (495)          0
  Cash at beginning of period . . . . . . . . . . . . . . .          0         495         -0-
  Cash as of Statement Date . . . . . . . . . . . . . . . .  $       0   $       0   $       0
                                                             ==========  ==========  ==========
</TABLE>

                  The accompanying notes are an integral part
                         of these financial statements.

                                        3
<PAGE>

                OASIS ENTERTAINMENT'S FOURTH MOVIE PROJECT, INC.
                      STATEMENTS OF OPERATIONS (UNAUDITED)
                           December 31, 2000 and 2001

<TABLE>
<CAPTION>
                                                                             From
                                                                         Inception on
                                                       From October        April 9,
                                                       1, 2001 to        1998 through
                                                      December 31,      December 31,
                                                   2001        2000         2001
                                           ------------  ------------  --------------
<S>                                        <C>           <C>           <C>
  Revenues. . . . . . . . . . . . . . . .  $       -0-   $       -0-   $     -0-
                                           ------------  ------------  ----------
  Legal fees. . . . . . . . . . . . . . .            0       105,668     105,668
  Consulting fees . . . . . . . . . . . .            0       150,000     150,000
  Bad debt expense. . . . . . . . . . . .            0        46,300      46,300
  General and administrative. . . . . . .      153,693        92,165     312,219
                                           ------------  ------------  ----------
  Net Operating Income (Loss) . . . . . .  $  (153,693)  $  (394,133)  $(614,187)
                                           ============  ============  ==========
  Other income (expense)

  Impairment Loss . . . . . . . . . . . .            0             0    (168,430)
  Interest expense. . . . . . . . . . . .            0       (21,580)    (38,788)
  Interest income . . . . . . . . . . . .            0        11,548      47,981
                                           ------------  ------------  ----------

  Total other income (expense). . . . . .            0       (10,032)   (159,237)

  Net Profit (Loss) . . . . . . . . . . .     (153,693)     (404,165)   (773,424)

  Other Comprehensive Income (Loss)

  Holding gain on securities
    available-for-sale. . . . . . . . . .            0       205,913      94,350
                                           ------------  ------------  ----------
  Total Other Comprehensive Income (Loss)            0       205,913      94,350
                                           ------------  ------------  ----------
  Net Comprehensive (Loss). . . . . . . .  $  (153,693)  $  (198,252)  $(679,074)
                                           ============  ============  ==========
  Gain (Loss) per Share . . . . . . . . .  $     (0.00)  $     (0.01)  $   (1.75)
                                           ============  ============  ==========
  Weighted Average
      Shares Outstanding. . . . . . . . .   92,299,904    30,695,777     389,137
                                           ============  ============  ==========
</TABLE>
                  The accompanying notes are an integral part
                         of these financial statements.

                                        4
<PAGE>

                OASIS ENTERTAINMENT'S FOURTH MOVIE PROJECT, INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                December 31, 2001



NOTES  TO  FINANCIAL  STATEMENTS

Oasis  Entertainment's Fourth Movie Project, Inc. ("the Company") has elected to
omit  substantially  all  footnotes  to  the  financial statements for the three
months ended December 31, 2001, since there have been no material changes (other
than indicated in other footnotes) to the information previously reported by the
Company  in  their  Annual Report filed on Form 10-KSB for the Fiscal year ended
September  30,  2001.

UNAUDITED  INFORMATION

The  information  furnished  herein  was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments which
are,  in the opinion of management, necessary to properly reflect the results of
the  period  presented.  The information presented is not necessarily indicative
of  the  results  from  operations  expected  for  the  full  fiscal  year.

                                        5
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF  OPERATIONS

 (A)  PLAN  OF  OPERATION  FOR  THE  NEXT  TWELVE  MONTHS. Our business, plan of
operation  and  probable acquisition, are unchanged from the disclosure provided
in  our  Annual  Report  on  Form  10-KSB  for  September  30,  2001.

(B)  DISCUSSION  AND  ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
We  have  recorded  no revenues to date. Our operating expenses for the past two
years have included substantial non-recurring legal and professional expenses in
connection with our 1934 Act Registration of our common stock, auditing expense,
and  expenses  in  connection  with  our OTCBB (Over-The-Counter Bulletin Board)
submission.

                           PART II: OTHER INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS.  None

ITEM  2.  CHANGES  IN  SECURITIES.  None.

ITEM  3.  DEFAULTS  ON  SENIOR  SECURITIES.  None

ITEM  4.  SUBMISSION  OF  MATTERS  TO  VOTE  OF  SECURITY  HOLDERS.  None.

ITEM  5. OTHER INFORMATION. On December 28, 2001, Karl E. Rodriguez retired from
all  corporate  offices.

     FORWARD  SPLIT. On December 20, 2001, we effected a forward split such that
for  every  one  share owned each shareholder will own two shares (2 for 1). The
forward  split  was approved on December 5, 2001. This two for one forward split
of  the  Issuer's  common  stock  was not subject to any fractional shares being
rounded  up  to  the  nearest  share.  The Record date was the close of business
December  14,  2001 and Date of Entitlement (which means the execution date) was
Monday, December 17, 2001. The split was pursuant to a mandatory share exchange,
resulting  in  a  new  trading  symbol.

     PROBABLE ACQUISITION On November of 2001 we entered into a letter of intent
to  acquire  Medical  International  Technology,  Inc.  (MITI), a Quebec, Canada
corporation,  for  17,000,000  shares.  The  proposed  acquisition  (considered
probable)  has  been  approved  by a majority of our shareholders, in accordance
with  the laws of Nevada. As a precondition to the effectiveness of our majority
shareholder  approval, compliance with Section 14 of the Securities Exchange Act
of  1934  is  required.  The  impact  of  these requirements is that time may be
required  before  any  acquisition  would be final, when and if consummated. The
filing  of  the  Preliminary  Information  Statement pursuant to Schedule 14C is
anticipated  in  the near future. Upon filing we will await comments from SEC as
to  our  14(c)  filing  or  clearance  of  the  comment  period.


ITEM  6.  EXHIBITS  AND REPORTS ON FORM 8-K. On February 14, 2002 we reported on
Form  8-K  a change in our certifying accountant.  The new principal independent
accounting  firm is Chisholm & Associates, Inc., replacing our initial principal
auditor,  HJ  &  Associates,  LLC.  The  decision  to  change  accountants  was
recommended  and  approved  by  our  Board  of  Directors.

                                        6
<PAGE>

                                   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,  and  in  the  capacities  indicated.


Dated:  February  19,  2002

                OASIS ENTERTAINMENT'S FOURTH MOVIE PROJECT, INC.

                                       by

 /s/J.  Dan  Sifford           /s/Karl  E.  Rodriguez
    J.  Dan  Sifford              Karl  E.  Rodriguez
    President/Director            Retiring  Director

                                        7
<PAGE>