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

                                   FORM 10-QSB

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

            For the quarterly period ended March 31, 2002

[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
            For the transition period from ________________ to _________________

                         Commission file number 0-28555

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

              NEVADA                                         86-0960464
  ---------------------------------------------     ----------------------------
     (State or other jurisdiction of incorporation  Employer Identification No.)
      or organization) (IRS


                 5009 Indian Gulch Road, Catheys Valley CA 95306
  -----------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (209) 374-3485
  -----------------------------------------------------------------------------
                           (Issuer's telephone number)


                        DEERBROOK PUBLISHING GROUP, INC.,
                 12919 S.W. Freeway, Suite 170, Stafford, Texas
  -----------------------------------------------------------------------------
 (Former name, former address and former fiscal year, if changed since last
  report)


                      APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 1,919,422 Common Shares $0.001 par
value as of March 31, 2002

Transitional Small Business Disclosure Format (Check one): Yes [ ] No [ X ]


<PAGE>


                         PART I -- FINANCIAL INFORMATION

Item 1.  Financial Statements.

                           VOLT, INC. AND SUBSIDIARIES
                   (FORMERLY DEERBROOK PUBLISHING GROUP, INC.
                                AND SUBSIDIARIES)
              INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS






CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED):

         BALANCE SHEETS AS OF MARCH 31, 2002
         AND MARCH 31, 2001 (AUDITED)

         STATEMENTS OF OPERATIONS FOR THE SIX AND THREE MONTHS
         ENDED MARCH 31, 2002 AND 2001 (UNAUDITED)

         STATEMENTS OF CASH FLOWS FOR SIX MONTHS
         ENDED MARCH 31, 2002 AND 2001 (UNAUDITED)

         NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
         (UNAUDITED)




<PAGE>




                                   VOLT, INC.
           (FORMERLY DEERBROOK PUBLISHING GOUP, INC. AND SUBSIDIARIES)
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                             MARCH 31, 2002 AND 2001

                                     ASSETS


                                                   (Unaudited)       (Unaudited)
--------------------------------------------- ----------------- ----------------

                                                      March 31         March 31
                                                        2002             2001
                                                        ----             ----
CURRENT ASSETS
   Cash and cash equivalents                    $        13,241   $         224
   Prepaid expenses and other assets                      2,800             -

                                                  ------------- ----------------
                        TOTAL CURRENT ASSETS             16,041             224

PROPERTY AND EQUIPMENT  - Net                         5,733,748               -

OTHER ASSETS
    Loans receivable                                    154,500               -
                                                  ------------- ----------------

TOTAL ASSETS                                      $   5,904,289     $        224
                                                 =============     =============


          The accompanying notes are an integral part of the condensed
                       consolidated financial statements.



<PAGE>



                                   VOLT, INC.
           (FORMERLY DEERBROOK PUBLISHING GOUP, INC. AND SUBSIDIARIES)
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                             MARCH 31, 2002 AND 2001

                      LIABILITIES AND STOCKHOLDERS' EQUITY


                                                   (Unaudited)       (Unaudited)
                                                     March 31          March 31
                                                       2002              2001
                                                       ----              ----
CURRENT LIABILITIES
    Notes payable                                  $       -        $     26,712
    Accounts payable                                   25,500            518,670
                                            ----------------- ------------------
                        TOTAL CURRENT ASSETS           25,500           545,582

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT)
    Preferred stock, $.001 par value, 10,000,000
    shares authorized; 1,000,000 shares and -0-
    shares issued and outstanding at March 31,
    2002 and 2001 respectively (Unaudited)              1,000                 -
    Common stock, $.001 par value 2,500,000
    shares authorized; 1,919,422 shares
    and 11,340,547 issued and outstanding at
    March 31, 2002 and 2001 respectively
    (Unaudited)                                         1,919            11.340

    Warrants                                                -           451,000
    Additional paid-in capital                      9,780,619         3,254,587
    Accumulated deficit                            (3,904,749)       (4,262,185)
                                                  --------------    -----------
            Total stockholders' equity              5,878,789         (535,358)
                                                    ------------     -----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $  5,904,289      $       224
                                                 ============      =============


          The accompanying notes are an integral part of the condensed
                       consolidated financial statements.



<PAGE>



                                   VOLT, INC.
           (FORMERLY DEERBROOK PUBLISHING GOUP, INC. AND SUBSIDIARIES)
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
           FOR THE SIX AND THREE MONTHS ENDED MARCH 31, 2002 AND 2001

                                         (UNAUDITED)           (UNAUDITED)
                                        SIX MONTHS ENDED    THREEE MONTHS ENDED
                                       2002          2001      2002         2001
                                     ------------ -------------- ---------------

 REVENUE                              $41,400       $    -    $    -     $   -

 COST OF REVENUE                          -              -         -         -
                                       --------------------------------- ------

 GROSS PROFIT                          41,400            -         -         -

 OTHER EXPENSES
    General and administrative        (21,102)      (48,982)  (14,396)  (35,130)
    Interest expense                        -          (778)        -         -
    Loss on disposal of assets              -        (7,845)        -         -
                                     ------------------------------------------

 INCOME (LOSS) FROM CONTINUING
 OPERATIONS BEFORE INCOME TAXES AND
 EXTRAORDINARY ITEM                    20,298       (57,605)   (2,498)  (35,130)

 Income taxes                               -             -         -          -

 LOSS FROM DISCONTINUED OEPRATIONS          -        (2,235)        -          -

 EXTRAORDINARY ITEM
    Forgiveness of debt                18,000       262,600    13,000   262,600
                                    -------------------------------------------
 NET INCOME                            38,298       202,760    10,504   227,470

    Dividends                               -       167,435         -   167,435
                                    -------------------------------------------
 NET INCOME AVAILABLE TO COMMON
 STOCKHOLDERS                         $38,298      $ 35,325   $10,504   $60,035
                                      =======      ========   =======   =======

 BASIC EARNINGS PER SHARE:
    Income from continuing operations
    available to common stockholders     0.01         (0.02)   (0.00)    (0.02)
    Extraordinary item                   0.01          0.03     0.01      0.03
                                         ----          ----     ----      ----

NET INCOME AVAILABLE TO COMMON
STOCKHOLDERS                        $    0.02         $0.01  $  0.01    $ 0.01
                                    =========         =====  =======    ======

WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING                  1,869,422     9,511,104 1,894,422  9,531,207
                                    =========     ========= =========  =========

 DILUTED EARNINGS PER SHARE

    Income (Loss) from continuing
    operations available to common
    stockholders                         0.01        (0.02)    (0.00)     (0.02)
    Extraordinary item                   0.01         0.02      0.01       0.02
                                         ----         ----      ----       ----

 NET INCOME AVAILABLE TO COMMON
 STOCKHOLDERS                     $      0.02    $       -    $ 0.01   $      -
                                  ===========    ========     ======   =======


WEIIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING           1,869,422  10,511,104  1,894,422 10,531,207
                                    =========  ==========  ========= ==========





          The accompanying notes are an integral part of the condensed
                       consolidated financial statements.




<PAGE>



                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
                FOR THE SIX MONTHS ENDED MARCH 31, 2002 AND 2001

                                                     SIX MONTHS ENDED
                                               (UNAUDITED)           (UNAUDITED)
                                           MARCH 31, 2002         MARCH 31, 2001
                                           --------------         --------------

CASH FLOWS FROM OPERATING
ACTIVITIES:
   Net Income                              $    38,298     $          202,760

  Adjustments to reconcile net income to
   net cash used by operating activities:

   Depreciation                                  2,000                  1,732
   Loss on disposal of assets                                           7,845
   Inventory distributed as dividend                                 (112,246)
   Common stock issued for acquisition
   costs, services, payables and accrued
   payroll                                                            278,000
   Non cash interest expense                                              778
   Change in net assets of discontinued
      operations                                                      (42,645)
   Discontinued operations                                             44,880

   Changes in assets and liabilities:
   Prepaid expenses and other                                          49,400
   Inventory                                                          112,246
   Accounts payable                             (18,000)               (4,030)
   Accrued payroll                                                   (507,600)
   Other liabilities                                  0               (31,492)
                                                      -               -------
         Total adjustments                      (14,800)             (203,132)
                                                -------              --------

       Net cash provided by (used in)
           operating activities                   23,498                 (372)

CASH FLOWS FROM INVESTING ACTIVITIES:
   Purchases of property and equipment           (12,549)
                                              ----------------------------------

        Net cash used by investing activities    (12,549)
                                              ----------------------------------


          The accompanying notes are an integral part of the condensed
                       consolidated financial statements.


                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
                FOR THE SIX MONTHS ENDED MARCH 31, 2002 AND 2001

                                                          SIX MONTHS ENDED
                                                  (UNAUDITED)        (UNAUDITED)
                                                   MARCH 31, 2002 MARCH 31, 2001
                                                   -------------- --------------
CASH FLOWS FROM FINANCING
ACTIVITIES:
     Stockholders advance                             (83,500)              -
                                                  ------------------------------
          Net cash provided by financing activities   (83,500)              -
                                                  ------------------------------
NET CHANGE IN CASH AND CASH EQUIVALENTS               (72,551)             (372)

CASH AND CASH EQUIVALENTS AT
BEGINNING OF PERIOD                                    85,792               596
                                                   -----------------------------
CASH AND CASH EQUIVALENTS AT
END OF PERIOD                                   $      13,241          $    224
                                                    ============================
NON CASH INVESTING AND FINANCING
ACTIVITIES

None

          The accompanying notes are an integral part of the condensed
                       consolidated financial statements.




<PAGE>



                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
                             MARCH 31, 2002 AND 2001


NOTE 1-  ORGANIZATION AND BASIS OF PRESENTATION

                  The condensed consolidated unaudited interim financial
                  statements included herein have been prepared, without audit,
                  pursuant to the rules and regulations of the Securities and
                  Exchange Commission. The consolidated financial statements and
                  notes are presented as permitted on Form 10-QSB and do not
                  contain information included in the Company's annual
                  consolidated statements and notes. Certain information and
                  footnote disclosures normally included in financial statements
                  prepared in accordance with accounting principles generally
                  accepted in the United States of America have been condensed
                  or omitted pursuant to such rules and regulations, although
                  the Company believes that the disclosures are adequate to make
                  the information presented not misleading. The results for the
                  six and three months ended March 31, 2002 may not be
                  indicative of the results for the entire year.

                  These statements reflect all adjustments, consisting of normal
                  recurring adjustments which, in the opinion of management, are
                  necessary for fair presentation of the information contained
                  herein.

                  Volt, Inc.,  formerly  Deerbrook  Publishing  Group,  Inc. and
                  Subsidiaries is a power provider and marketer of alternative
                  energy and back-up power systems. The Company is in the
                  initial stages of  implementing  its business plan.

                  Deerbrook Publishing Group, Inc. was a distributor of fine
                  arts. Effective March 31, 2001, Deerbrook  Publishing  Group,
                  Inc. entered  into an  agreement to spin off its subsidiaries;
                  Inter Arts, Inc. and Cimmaron Studios, Inc. On April 23, 2001,
                  the Company  effected a 1 for 100 reverse stock split for its
                  $.001 par value common stock. Upon this spin off, the name was
                  officially changed to Volt, Inc. when on April 25, 2001, Denis
                  C.  Tseklenis  acquired  127,995  shares of the Company's
                  common stock, $.001 par value per share, which constituted
                  approximately 53% of the Company's issued and outstanding
                  common stock for $255,000.

                  In the Company's fiscal third quarter of 2001, two inactive
                  wholly-owned subsidiaries,  Sun Volt, Inc.  and Sun
                  Electronics,  Inc.  were  incorporated.  The  other  wholly-
                  owned subsidiary is Arcadian  Renewable Power, Inc. This
                  subsidiary is the corporation that holds the Altamont Wind
                  Farm in the Altamont Pass in Livermore, California.











<PAGE>



                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
  NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (CONTINUED)
                             MARCH 31, 2002 AND 2001




NOTE 2-  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

                  Principles of Consolidation

                  The unaudited condensed  consolidated  balance sheet as of
                  March 31 2002, and unaudited  statements of operations for
                  the six and three  months  ended  March 31 2002,  and
                  unaudited  cash flows for the six months  ended March 31, 2002
                  includes Volt, Inc. and its wholly-owned subsidiaries,  Sun
                  Volt, Inc., Sun Electronics,  Inc. and Arcadian Renewable
                  Power, Inc.

                  The unaudited condensed consolidated balance sheet as of March
                  31, 2001 and unaudited statements of operations for the six
                  and three months ended March 31, 2001, and cash flows for the
                  six months ended March 31, 2001 include Deerbrook Publishing
                  Group, Inc., and its wholly-owned subsidiaries, Signature
                  Editions, Inc., Inter Arts, Incorporated, and Cimmaron
                  Studios, Inc.

                  Intercompany transactions and balances have been eliminated in
                  consolidation.


                  Use of Estimates

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

                  Cash and Cash Equivalents

                  The Company considers all highly liquid debt instruments and
                  other short-term investments with an initial maturity of three
                  months or less to be cash or cash equivalents.

                  The Company maintains cash and cash equivalent balances at
                  several financial institutions which are insured by the
                  Federal Deposit Insurance Corporation up to $100,000.

                  Property and Equipment

                  Property and equipment are stated at cost. Depreciation is
                  computed primarily using the straight-line method over the
                  estimated useful life of the assets.

                  Office and Computer                                   5 years
                  Furniture and Fixtures                                7 years
                  Wind Farm                                            40 years



<PAGE>


                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
  NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (CONTINUED)
                             MARCH 31, 2002 AND 2001



NOTE 2-           SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

                  Revenue Recognition

                  The Company sold merchandise and revenue was recorded under
                  the accrual method of accounting.

                  Advertising

                  Advertising costs are typically expensed as incurred.

                  Income Taxes

                  The income tax benefit is computed on the pretax loss based on
                  the current tax law. Deferred income taxes are recognized for
                  the tax consequences in future years of differences between
                  the tax basis of assets and liabilities and their financial
                  reporting amounts at each year-end based on enacted tax laws
                  and statutory tax rates.

                  Fair Value of Financial Instruments

                  The carrying amount reported in the consolidated balance
                  sheets for cash and cash equivalents, notes receivable, and
                  accounts payable approximate fair value because of the
                  immediate or short-term maturity of these financial
                  instruments.

                  Earnings (Loss) Per Share of Common Stock

                  Historical net income (loss) per common share is computed
                  using the weighted average number of common shares
                  outstanding. Diluted earnings per share (EPS) includes
                  additional dilution from common stock equivalents, such as
                  stock issuable pursuant to the exercise of stock options and
                  warrants.












<PAGE>



                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
  NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (CONTINUED)
                             MARCH 31, 2002 AND 2001



NOTE 2-           SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

                  Earnings (Loss) Per Share of Common Stock (Continued)

                  The following is a reconciliation of the computation for basic
and diluted EPS:



                                              March 31,                March 31,
                                                2002                      2001
                                                ----                      -----

                  Net income (loss)             $38,298                 $35,235
                                                -------           -------------

                  Weighted- average common shares
                  Outstanding (Basic)         1,869,422               9,511,104

                  Weighted-average common stock Equivalents:
                           Stock options               -                     -
                           Warrants                    -              1,000,000
                  Weighted-average common shares
                  Outstanding (Diluted)        1,869,422             10,511,104



                  Reclassifications

                  Certain amounts for the six and three months ended March 31,
                  2001 have been reclassified to conform with the presentation
                  of the March 31, 2002 amounts. The reclassifications have no
                  effect on net income for the three months ended March 31,
                  2001.









<PAGE>



                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
  NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (CONTINUED)
                             MARCH 31, 2002 AND 2001



NOTE 3-  NOTES RECEIVABLE

                  As of March 31, 2002, notes receivable were $154,500. There
                  was no interest due the Company on these loans, and the
                  amounts due at March 31, 2002, are deemed by management to
                  have no specific repayment terms.

NOTE 4-  COMMITMENTS AND CONTINGENCIES

                  The Company entered into a lease agreement in April 2001 in
                  Pleasanton, California. The Company pays $2,800 per month for
                  rent. This lease was terminated by the Company in October
                  2001, and all operations now run through the Cathey's Valley,
                  California location.


NOTE 5-  STOCKHOLDERS' EQUITY

                  Common and Preferred Stock

                  Effective April 23, 2001, the Registrant effected a 1 for 100
                  reverse stock split for its common stock, $.001 par value per
                  share.

                  On April 25, 2001, Denis C. Tseklenis acquired 127,995
                  original issue shares of the Company's common stock, $.001 par
                  value per share, which constituted approximately 53% of the
                  Company's issued and outstanding common stock. Mr. Tseklenis
                  paid the Company $255,000 for the common stock.

                  The Company also issued 1,000,000 shares of preferred stock to
                  Denis C. Tseklenis in consideration for the Wind Farm.

                  During the year ended September 30, 2001, in addition to the
                  initial acquisition by Denis C. Tseklenis, the Company had
                  issued 1,678,000 shares and cancelled 225,000 of common stock
                  for $366,711.

                  Prior to the initial acquisition by Denis C. Tseklenis, the
                  Company had issued 1,850,000 shares of common stock for
                  accrued payroll, accounts payable and services.

                  During the quarter ended December 31, 2001, 225,000 shares
                  were issued as a share exchange with American Powerhouse.



<PAGE>






                           VOLT, INC. AND SUBSIDIARIES
          (FORMERLY DEERBROOK PUBLISHING GROUP, INC. AND SUBSIDIARIES)
  NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (CONTINUED)
                             MARCH 31, 2002 AND 2001



NOTE 6-  LITIGATION

                  At September 30, 2000, Inter Arts, Inc. was involved in
                  litigation with Copelco Capital, Inc. ("Copelco") the lessor
                  of silk screens. Copelco brought suit against the company to
                  recover its damages for the return of the leased equipment.
                  Inter Arts filed a motion to dismiss presenting defenses of
                  improper value and insufficiency of service of process and
                  alternatively for change of venue. In April 2001 upon the
                  recapitalization by Volt, Inc., the subsidiary, Inter Arts was
                  not part of the transaction. Management, with the advice of
                  legal counsel, has written off the liability.


NOTE 7-           PENDING ACQUISITIONS, MERGERS AND BUSINESS COMBINATIONS

                  The Company is currently negotiating and concluding its due
                  diligence with Wolverine Power Corporation, which owns
                  hydroelectric plants in Michigan. Wolverine Power Corporation
                  has long-term power sales contracts to Consumers Electric
                  Corp., a NYSE company. Revenue approximating $1,000,000
                  annually, will be realized by the Company when and if the
                  transaction is completed.

                  The Company has completed a Joint Venture and partnership with
                  Opportunity Knocks, Inc. during the second fiscal quarter of
                  2002 to rehab HUD homes and other properties in Washington
                  D.C., Maryland and Virginia under the HUD Gift Program.



<PAGE>





Item 2.  Management's Discussion and Analysis or Plan of Operation.

The company continues to diversify the operating subsidiaries to take advantage
of profitable opportunities in both the alternative energy field and real
estate. This quarter represents the first year of operations which were devoted
to research and development of a forward moving business plan targeting the
acquisitions of asset based projects with long term revenue streams and related
businesses which can also produce consistent revenues with high earnings and
good future growth at minimal risk. We are proceeding with the redevelopment
planning of the Altamont Pass Wind Facility however it is not expected to be on
line anytime in the near term due to the uncertainty of both the state of
California's energy problems legislatively and Pacific Gas and Electric Company
issues.

The Wolverine Power Hydroelectric acquisition should be completed soon which
will add approximately $1 million in annual revenue and R&D is continuing in our
Photovoltaic division for the patented paint on solar electric cells process of
which the licensing rights were acquired last year.

At the end of January. 2002, the Company entered into a joint agreement with
Opportunity Knocks (OK) whereby VOLT would provide the capital and construction
crews to rehab homes, purchasing the properties for buyers pre-approved for
mortgages with OK under the HUD gift program. The OK pre-approved mortgage
clients are primarily police officers, firemen, government and union workers who
are first time homebuyers in the Washington, DC, Maryland and Virginia areas,
initially, with plans to expand the program to New York, New Jersey,
Pennsylvania, California, Florida and other states where we believe the market
will be profitable. In mid-March, we received revolving credit line approval
from two banks totaling $2.25 million dollars which will be used to purchase
properties in bulk at a discount to market from HUD, the Veterans
Administration, banks and others. We expect to increase this credit line to $5
million and are actively engaged in procuring properties for our clients,
estimated turnaround time from purchase to rehab to resale should be 45-90 days
average. We currently have over 25 pre-approved mortgage applicants on the
waiting list and will be processing additional applicants as needed. A typical
transaction usually averages $200 thousand dollars and yields a projected net
profit to the companies of 18-22 percent. A related transaction which occurred
after the close of the quarter ending March 31,2002 is being disclosed for
clarity purposes in this MD&A section because it is relevant to understanding
the business going forward and simultaneous with this filing, on May 17,2002
VOLT acquired for cash and stock Opportunity Knocks(OK) and First Washington
Financial Corporation. First Washington is a mortgage company and processes OK's
clients as well as outside mortgage originations in their normal course of
business. VOLT deemed these acquisitions as necessary for the success and
profitability of the real estate divisions and subsidiaries. First Washington
and Opportunity Knocks are headed by Mr. Rob Rood who will continue to run the
companies as President and Chief Operating Officer along with his staff. Mr.
Rood will also be an officer and director of VOLT. First Washington for the 8
months August 2001 thru March 2002 did mortgage volume of $21,995,153 million
from 123 mortgage units with net operating income after tax of $197,923.

                          PART II -- OTHER INFORMATION

Item 1.  Legal Proceedings.

In September of 1999, the Deerbrook Publishing Group, Inc. ("Deerbrook") leased
a computer driven aspect image center (printer for film) used to make separation
for printing (the "aspect image center") and certain other computer equipment
from Copelco Capital, Inc. ("Copelco"). All of the equipment was delivered to
the Deerbrook's then printing operation in Phoenix, Arizona, and installed.
Shortly thereafter, Deerbrook ceased printing for itself and its customers. The
equipment was returned to Copelco. In August of 2000, Copelco brought suit in
the United States District Court for the District of Arizona, cause no. CIV
`00-1620 PHX ROS, to recover its alleged damages $155,398.02 for Deerbrook's
return of the leased equipment plus continuing interest at the rate of one and
one-third percent per month and attorneys fees and costs. The Company does not
believe that Copelco has mitigated its damages and further believes that Copelco
has either sold the equipment or otherwise disposed of the same in a manner
which was not commercially reasonable. The Copelco claims will be vigorously
defended against. The range of possible loss should not exceed $100,000. The
outcome of this litigation is unascertainable at this time.

Inter Arts filed a motion to dismiss presenting defenses of improper value and
insufficiency of service of process and alternatively for change of venue. In
April, 2001 upon the recapitalization by Volt, Inc., the subsidiary, Inter Arts
was not part of the transaction. Management, with the advice of legal counsel,
has written off the liability.

Item 2.  Changes in Securities.

Effective April 23, 2001, the Registrant effected a 1 for 100 reverse stock
split for its common stock, $.001 par value per share.

On April 25, 2001, Denis C. Tseklenis acquired 127,995 original issue shares of
the Company's common stock, $.001 par value per share, which constituted
approximately 53% of the Compan's issued and outstanding common stock. Mr.
Tseklenis paid the Company $255,000 for the common stock.

The Company also issued 1,000,000 shares of preferred stock to Denis C.
Tseklenis in consideration for the Wind Farm.

During the year ended September 30, 2001, in addition to the initial acquisition
by Denis C. Tseklenis, the Company had issued 1,678,000 shares and cancelled
225,000 of common stock for $366,711.

Prior to the initial acquisition by Denis C. Tseklenis, the Company had issued
1,850,000 shares of common stock for accrued payroll, accounts payable and
services.

During the quarter ended December 31, 2001, 225,000 shares were issued as a
share exchange with American Powerhouse.

Item 3.  Defaults Upon Senior Securities

NONE

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

NONE

Item 5.  Other Information.

NONE

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

INDEX TO EXHIBITS.

EXHIBIT
NUMBER                  DESCRIPTION OF DOCUMENT
-------------------------------------------------------
         NONE



                                   SIGNATURES

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

                                                          VOLT INC.
                                                          (Registrant)

Date May 20, 2002
                                            ----------------------------------
                                            Denis Costa Tseklenis, Sole Director