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: November 30, 2003

             [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
                                  EXCHANGE ACT

                        For the transition period from to
                        Commission file number 000-28777

                              Crescent Moon, Inc.
                     (Exact name of small business issuer as
                            specified in its charter)

          Wyoming                                             86-0970157
--------------------------------------------------------------------------------
(State or other jurisdiction                                 (IRS Employer
of incorporation or organization)                            Identification No.)

                     2557 Cannan Road, Bloomfield, NY 14469
                    (Address of principal executive offices)

                                 (716) 657-1010
                            Issuer's telephone number


(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 practical date: February 13, 2004 1,450,000


         Transitional Small Business Disclosure Format (check one).
Yes      ;  No   X
    ----       -----


<PAGE>



PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements



                         INDEPENDENT ACCOUNTANT'S REPORT


Crescent Moon, Inc.

         We have reviewed the accompanying balance sheets of Crescent Moon, Inc.
as of November 30, 2003,  and the related  statement of operations for the three
and nine months ended November 30, 2003 and 2002 and the statement of cash flows
for the nine month periods  ended  November 30, 2003 and 2002.  These  financial
statements are the responsibility of the Company's management.

         We conducted our review in accordance with standards established by the
American  Institute  of  Certified  Public  Accountants.  A  review  of  interim
financial  information consists principally of applying analytical procedures to
financial  data and making  inquiries of persons  responsible  for financial and
accounting matters. It is substantially less in scope than an audit conducted in
accordance with generally accepted auditing standards, the objective of which is
the  expression  of an opinion  regarding the  financial  statements  taken as a
whole. Accordingly, we do not express such an opinion.

         Based on our  review,  we are not aware of any  material  modifications
that should be made to the financial statements referred to above for them to be
in conformity with accounting principles generally accepted in the United States
of America.

         We have  previously  audited,  in accordance  with  auditing  standards
generally  accepted  in the  United  States of  America,  the  balance  sheet of
Crescent  Moon,  Inc. as of February 28,  2003,  and the related  statements  of
operations,  cash flows, and  stockholders'  equity for the year then ended (not
presented  herein);  and in our report dated  November 13, 2003, we expressed an
unqualified  opinion  on  those  financial  statements.   In  our  opinion,  the
information set forth in the accompanying balance sheet as of February 28, 2003,
is fairly  stated,  in all material  respects,  in relation to the balance sheet
from which it has been derived.

                                                    Respectfully Submitted,


                                                    /s/ Robison, Hill & Co.
                                                    Certified Public Accountants
Salt Lake City, Utah
February 19, 2004

                                        2

<PAGE>



                               CRESCENT MOON, INC.
                                 BALANCE SHEETS
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                                November 30,        February 28,
ASSETS                                                                              2003                2003
                                                                             ------------------  ------------------
     Current Assets:
<S>                                                                          <C>                 <C>
          Cash                                                               $            8,308  $            2,771
          Accounts Receivable                                                            23,126                   -
          Income Tax Receivable                                                             200                 541
                                                                             --------------------------------------
               Total Current Assets                                                      31,634               3,312
                                                                             ------------------  ------------------

     Property and Equipment:
          Office Furniture and Equipment                                                 11,332              11,332
          Port-O-Pot and Trailers                                                       459,709             384,539
          Polyportable Equipment                                                         79,005              18,116
          Less Accumulated Depreciation                                                (341,255)           (310,533)
                                                                             ------------------  ------------------
               Net Fixed Assets                                                         208,791             103,454
                                                                             ------------------  ------------------

     Other Assets: Deferred Tax Assets                                                   21,514               2,834
                                                                             ------------------  ------------------

TOTAL ASSETS                                                                 $          261,939  $          109,600
                                                                             ==================  ==================

LIABILITIES AND STOCKHOLDER'S EQUITY
     Current Liabilities:
          Accounts Payable                                                   $           46,750  $           32,886
          Accrued Expenses                                                               14,353               3,150
          Customer Deposits                                                                   -               1,446
          Related Party Note Payable                                                      5,521              10,030
          Bank Line of Credit                                                            11,053              44,202
          Current Portion of Long-Term Debt                                              32,477              17,163
                                                                             ------------------  ------------------
               Total Current Liabilities                                                110,154             108,877
                                                                             ------------------  ------------------

     Non-Current Liabilities:
          Long-Term Notes Payable                                                        42,332              13,404
                                                                             ------------------  ------------------
                Total Non-Current Liabilities                                            42,332              13,404
                                                                             ------------------  ------------------

TOTAL LIABILITIES                                                                       152,486             122,281
                                                                             ------------------  ------------------

     Stockholders' Equity:
          Common Stock, Par Value $.001, Authorized
          100,000,000 shares, Issued and Outstanding
          1,450,000 and 1,200,000 at November 30, 2003
          and February 28, 2003                                                           1,450               1,450
          Additional Paid in Capital                                                      8,650               8,650
          Retained Earnings (Deficit)                                                    99,353             (22,781)
                                                                             ------------------  ------------------
               Total Stockholders' Equity                                               109,453             (12,681)
                                                                             ------------------  ------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                   $          261,939  $          109,600
                                                                             ==================  ==================
</TABLE>

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

                                        3

<PAGE>




                               CRESCENT MOON, INC.
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)
<TABLE>
<CAPTION>



                                                For the Three Months Ended           For the Nine Months Ended
                                                       November 30,                         November 30,
                                            -----------------------------------  ----------------------------------
                                                  2003               2002              2003             2002
                                            -----------------  ----------------  ---------------- -----------------

<S>                                         <C>                <C>               <C>              <C>
Revenues:                                   $          73,180  $         39,461  $        355,389 $         237,898
                                            -----------------  ----------------  ---------------- -----------------

Expenses:
   Advertising                                          2,027               916             8,361             3,268
   General and Administrative                          94,261            64,475           249,196           230,489
                                            -----------------  ----------------  ---------------- -----------------

      Total Operating Expenses                         96,288            65,391           257,557           233,757
                                            -----------------  ----------------  ---------------- -----------------

Net Operating Income                                  (23,108)          (25,930)           97,832             4,141

Other Income (Expense)
   Gain (Loss) on Disposal of Assets                        -                 -             7,500              (852)
   Interest Expense                                      (486)             (373)           (1,550)           (2,178)
                                            -----------------  ----------------  ---------------- -----------------

   Net Other Income (Expense)                            (486)             (373)            5,950            (3,030)
                                            -----------------  ----------------  ---------------- -----------------

   Net Income (Loss) Before Taxes                     (23,594)          (26,303)          103,782             1,111

Income and Franchise Taxes                               (327)             (147)             (327)             (425)
Deferred Income Tax                                    10,464                 -            18,679                 -
                                            -----------------  ----------------  ---------------- -----------------

     Net Income (Loss)                      $         (13,457) $        (26,450) $        122,134 $             686
                                            =================  ================  ================ =================

Basic & Diluted Earnings
    (Loss) per Share                        $          (0.01)  $         (0.02)  $           0.08 $               -
                                            =================  ================  ================ =================

Weighted Average Shares                             1,450,000         1,450,000         1,450,000         1,364,545
                                            =================  ================  ================ =================
</TABLE>



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

                                        4

<PAGE>



                               CRESCENT MOON, INC.
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                                                For the Nine Months Ended
                                                                                       November 30,
                                                                       --------------------------------------------

                                                                               2003                    2002
                                                                       ---------------------   --------------------
CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                                    <C>                     <C>
Net Income (Loss)                                                      $             122,134   $                686
Adjustments to reconcile net loss to net cash
Provided by operating activities
Depreciation                                                                          38,222                 53,382
(Increase) Decrease in Deferred Tax Asset                                            (18,680)                     -
(Gain) Loss on Disposal of Assets                                                     (7,500)                   852
(Increase) Decrease in Accounts Receivable                                           (23,126)                (8,293)
(Increase) Decrease in Income Tax Receivable                                             341                      -
Increase (Decrease) Accounts Payable                                                  13,864                 18,230
Increase (Decrease) Accrued Expenses                                                  11,203                      -
Increase (Decrease) Customer Deposits                                                 (1,446)                     -
                                                                       ---------------------   --------------------

 Net Cash provided by operating activities                                           135,012                 64,857
                                                                       ---------------------   --------------------

CASH FLOWS FROM INVESTING ACTIVITIES:
Sale (Purchase) of Fixed Assets                                                     (136,059)               (28,384)
                                                                       ---------------------   --------------------

Net cash provided (used) by investing activities                                    (136,059)               (28,384)
                                                                       ---------------------   --------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Notes Payable                                                           69,795                      -
Principal payments on Notes Payable                                                  (25,553)               (17,379)
Net Increase (Decrease) Related Party Payable                                         (4,509)                37,202
Net Increase (Decrease) Line of Credit                                               (33,149)               (41,000)
                                                                       ---------------------   --------------------

 Net Cash Provided by (used in) Financing Activities                                   6,584                (21,177)
                                                                       ---------------------   --------------------

Net Increase in Cash and Cash Equivalents                                              5,537                 15,296
Cash and Cash Equivalents at Beginning of Period                                       2,771                  1,980
                                                                       ---------------------   --------------------

Cash and Cash Equivalents at End of Period                             $               8,308   $             17,276
                                                                       =====================   ====================
</TABLE>





                                        5

<PAGE>




                               CRESCENT MOON, INC.
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                   (Continued)
<TABLE>
<CAPTION>
                                                                                For the Nine Months Ended
                                                                                       November 30,
                                                                       --------------------------------------------

                                                                               2003                    2002
                                                                       ---------------------   --------------------

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
<S>                                                                    <C>                     <C>
  Interest                                                             $               1,550   $              2,178
  Franchise and income taxes                                           $                 327   $                425
</TABLE>

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING
ACTIVITIES:

On June 3, 2002,  the Company  issued  250,000 shares of common stock to acquire
Cherokee Investments, Inc.























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

                                        6

<PAGE>



                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         This  summary  of  accounting  policies  for  Crescent  Moon,  Inc.  is
presented to assist in understanding  the Company's  financial  statements.  The
accounting policies conform to generally accepted accounting principles and have
been consistently applied in the preparation of the financial statements.

         The unaudited financial  statements as of November 30, 2003 and for the
three and nine months then ended  reflect,  in the  opinion of  management,  all
adjustments  (which  include  only normal  recurring  adjustments)  necessary to
fairly state the financial  position and results of operations for the three and
nine  months.   Operating  results  for  interim  periods  are  not  necessarily
indicative of the results which can be expected for full years.

Organization and Basis of Presentation

         The Company was incorporated under the laws of the State of New York on
March 2, 1995.

         On June 3, 2002,  the Company  merged with Cherokee  Investments,  Inc.
(Cherokee),  a Wyoming  corporation.  The merger was  accounted for as a reverse
merger,  with the Company being  treated as the  acquiring  entity for financial
reporting  purposes.  In connection with this merger, the Company issued 250,000
shares of common stock in exchange for the assets and  liabilities  of Cherokee.
As a result of the merger, the Company became a Wyoming corporation.

         The merger was recorded as a recapitalization.  In connection with this
recapitalization, the number of shares outstanding prior to the merger have been
restated  to  their  post  merger  equivalents  (increased  from  25  shares  to
1,200,000).  All  references  in the  accompanying  financial  statements to the
number of Common  shares and  per-share  amounts for 2002 have been  restated to
reflect the equivalent number of post merger shares.

Nature of Business

         The Company is primarily in the business of providing portable restroom
services.  In addition the Company acts as a warehouser for PolyPortables,  Inc.
by assembling and storing plastic portable toilets.

Cash and Cash Equivalents

         For purposes of the statement of cash flows, the Company  considers all
highly liquid debt instruments purchased with a maturity of three months or less
to be cash equivalents to the extent the funds are not being held for investment
purposes.


                                        7

<PAGE>



                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)
                                   (Continued)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Concentration of Credit Risk

         The  Company has no  significant  off-balance-sheet  concentrations  of
credit  risk such as foreign  exchange  contracts,  options  contracts  or other
foreign  hedging  arrangements.  The Company  maintains the majority of its cash
balances with one financial institution, in the form of demand deposits.

Pervasiveness of Estimates

         The  preparation of financial  statements in conformity  with generally
accepted  accounting  principles  required  management  to  make  estimates  and
assumptions  that  affect the  reported  amounts of assets and  liabilities  and
disclosure of  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.

Earnings (Loss) per Share

         Basic loss per share has been  computed  by  dividing  the loss for the
year  applicable to the common  stockholders  by the weighted  average number of
common  shares  outstanding  during the years.  There were no common  equivalent
shares outstanding at November 30, 2003 and 2002.

Revenue Recognition

         Revenue is  recognized  as services  are  performed  or as products are
sold.

Fixed Assets

         Fixed assets are stated at cost.  Deprecation expense for the three and
nine months ended November 30, 2003 and 2002 was $15,321and  $38,222 and $17,794
and $53,382.  Depreciation and amortization are computed using the straight-line
and accelerated  methods over the estimated economic useful lives of the related
assets as follows:

         Office Equipment                                     3-5 years
         Port-O-Pot and Trailers                              5-7 years
         Polyportable Equipment                               5-7 years


                                        8

<PAGE>



                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)
                                   (Continued)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Fixed Assets (Continued)

         Upon sale or other disposition of property and equipment,  the cost and
related  accumulated  depreciation or amortization are removed from the accounts
and any gain or loss is included in the determination of income or loss.

         Expenditures  for  maintenance  and  repairs  are charged to expense as
incurred.  Major overhauls and betterments are capitalized and depreciated  over
their estimated economic useful lives.

Advertising

         Advertising  costs are  expensed as incurred.  Advertising  expense was
$2,027 and $8,361 for the three and nine months ended November 30, 2003 and $916
and $3,268 for the three and nine months ended November 30, 2002.

Reclassifications

         Certain  reclassifications  have been  made in the  November  30,  2002
financial statements to conform with the November 30, 2003 presentation.

Income Taxes

         The Company  accounts  for income  taxes under the  provisions  of SFAS
No.109,  "Accounting  for Income  Taxes." SFAS No.109  requires  recognition  of
deferred  income tax assets and  liabilities  for the expected future income tax
consequences,  based on enacted tax laws, of temporary  differences  between the
financial reporting and tax bases of assets and liabilities.

Comprehensive Income

         The Company does not have any accumulated  comprehensive  income items,
and therefore, is not required to report comprehensive income.






                                        9

<PAGE>



                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)
                                   (Continued)

NOTE 2 - RENT AND LEASE EXPENSE

         The Company leases  facilities and equipment  under various capital and
operating  leases with  expiration  dates through 2005.  The Company has entered
into a lease  agreements  for its office and  warehouse  facilities.  The rental
charges are  approximately  $725 per month.  The leases expires in June 2002 and
July 2003.

         Total  rental  expense  for the  Company  for the three and nine months
ended  November 30, 2003 was $5,286 and $12,868 and for the same periods in 2002
was $4,089 and  $11,928,  respectively,  including  rent  under  month-to  month
leases.

         Equipment  capitalized  under  capital  leases had fair market value of
$20,359 as of June 18, 2001 (date of acquisition of the equipment and assumption
of the related  leases by the Company)  Additional  equipment with a fair market
value of $49,795 as of August 27, 2003 was acquired under a capital lease.

Net minimum rental commitments under all non-cancelable  operating leases are as
follows:
<TABLE>
<CAPTION>
                                                             Capital             Operating
                Year Ending December 31,                      Leases              Leases               Total
                                                        ------------------  -------------------  ------------------
<S>                       <C>                           <C>                 <C>                               <C>
                          2003                          $            2,312  $                 -  $            2,312
                          2004                                      12,089                    -              12,089
                          2005                                       8,001                    -               8,001
                          2006                                       2,000                    -               2,000
                          2007                                           -                    -                   -
                                                        ------------------  -------------------  ------------------
            Total minimum lease payments due                        24,402                    -              24,402

           Less amounts representing interest                      (7,912)                    -             (7,912)
                                                        ------------------  -------------------  ------------------

                                                        $           16,490  $                 -  $           16,490
                                                        ==================  ===================  ==================
</TABLE>

         The leases  generally  provides  that  insurance,  maintenance  and tax
expenses  are  obligations  of the  Company.  It is expected  that in the normal
course of business,  leases that expire will be renewed or replaced by leases on
other properties.






                                       10

<PAGE>



                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)
                                   (Continued)

NOTE 3 -  RELATED PARTY TRANSACTIONS

         As of November  30,  2003 and  February  28, 2003 the Company  owes the
following to a stockholder of the Company:
<TABLE>
<CAPTION>
                                                                             November 30,       February 28,
                                                                          ------------------  ----------------
                                                                                 2003               2003
                                                                          ------------------  ----------------

Advances, unsecured, non-interest bearing,
<S>                                                                       <C>                 <C>
due on demand                                                             $            5,521  $         10,030
                                                                          ==================  ================
</TABLE>

         The Company  leases a four acre parcel from the  Company's  Stockholder
for  approximately  $350 per month  under an  operating  lease.  The lease began
August 1, 1997 and expired on July 31, 2002. The lease has remained in effect on
a month to month basis.

         The Company leases  warehouse space from the Company's  Stockholder for
approximately $375 per month under an operating lease. The warehouse lease began
July 1, 1998 and expired on June 30, 2003. The lease has remained in effect on a
month to month basis.

         The Company  leases a ten-unit  trailer from the Company's  Stockholder
for $200 per year under an  operating  lease.  The lease began March 1, 1998 and
expired on January  31,  2001.  The lease has  remained  in effect on a month to
month basis.

         The Company leases a pick-up truck from the Company's  Stockholder  for
$684 per  month  under an  operating  lease.  The lease  began  July 1, 1998 and
expired  March 31,  2001.  The lease has  remained in effect on a month to month
basis.

         The Company leases a twenty-unit trailer from the Company's Stockholder
for $756 per year under an  operating  lease.  The lease  began June 1, 1998 and
expired  January 31, 2001.  The lease has remained in effect on a month to month
basis.

NOTE 4 - INCOME TAXES

         Deferred taxes result from temporary  differences in the recognition of
income and expenses for income tax reporting and financial  statement  reporting
purposes.  The Company  had  deferred  tax  benefits of $21,514 and $2,834 as of
November  30, 2003 and  February  28,  2003,  respectively.  These  deferred tax
benefits  are the result of  differences  between book and tax  depreciation  of
fixed assets.



                                       11

<PAGE>



                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)
                                   (Continued)

NOTE 5 - LINE OF CREDIT

         The Company has a $50,000 revolving line of credit payable to M&T Bank,
due on demand with  interest of 1.5% over prime.  The balance due on the line of
credit was $11,053 and $44,202 as of November  30, 2003 and  February  28, 2003,
respectively.

NOTE 6 - LONG TERM DEBT

         Long-term  liabilities of the Company at November 30, 2003 and February
28, 2003 consists of the following:
<TABLE>
<CAPTION>
                                                                        November 30,      February 28,
                                                                      ----------------- -----------------
                                                                            2003              2003
                                                                      ----------------- -----------------
Lease Payable to Liberty Financial Group, due June 18, 2004, payable $681.40 per
month with interest at
<C>                                                                   <C>               <C>
13.8%, secured by equipment                                           $           4,904 $           9,908


Lease Payable to Liberty Financial Group, due July 15,                                                  -
2006, payable $1,630.80 per month with interest at
12%, secured by equipment                                                        42,615

Note  Payable to M&T Bank,  due August 1, 2003,  payable  $812.36 per month with
interest at 1.0%
over prime, secured by automotive equipment                                           -             4,728

Note payable to M&T Bank, due December 24, 2005, payable $531.31 per month, with
interest at 1.5% over prime (5.5% at November 30, 2003), secured by
personal guarantee by the Company's Stockholder                                  12,624            15,931

Note  payable to M&T Bank,  due March 6, 2006,  payable  $666.76  per month with
interest at 1.5% over prime (5.5% at November 30, 2003), secured by
equipment                                                                        14,666                 -

                                                                      ----------------- -----------------
                                                                                 74,809            30,567
Less Current Portion                                                             32,477            17,163
                                                                      ----------------- -----------------

          Total Long-Term Liability                                   $          42,332 $          13,404
                                                                      ================= =================
</TABLE>


                                       12
<PAGE>

                               CRESCENT MOON, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)
                                   (Continued)

NOTE 6 - LONG TERM DEBT (Continued)
-----------------------

         Principal  payments  due on  long-term  debt for each of the five years
subsequent to November 30, 2003 and thereafter are as follows:


       Year ending:                Amount
---------------------------  ------------------
           2003                           2,855
           2004                          28,143
           2005                          30,995
           2006                          10,973
           2007                               -
        Thereafter                            -
                             ------------------
           Total             $           72,966
                             ==================


























                                       13

<PAGE>



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

         The following  statement is made pursuant to the safe harbor  provision
for forward-looking  statements  described in the Private Securities  Litigation
Reform Act of 1995.  Crescent  Moon,  Inc. may make certain  statements  in this
Prospectus,  including,  without  limitation  statements  that contain the words
"believes," "anticipates,"  "estimates," "expects," and words of similar import,
constitute "forward-looking  statements."  Forward-looking statements may relate
to our future growth and profitability;  the anticipated trends in our industry;
and our competitive strengths and business strategies; Further,  forward-looking
statements are based on our current  expectations and are subject to a number of
risks,  uncertainties  and  assumptions  relating to our  operations,  financial
condition and results of operations. For a discussion of factors that may affect
the outcome  projected  in such  statements,  see "Risk  Factors and  Investment
Considerations." If any of these risks or uncertainties  materialize,  or if any
of the  underlying  assumptions  prove  incorrect,  actual  results could differ
materially  from  results  expressed  or implied  in any of our  forward-looking
statements.  We do not undertake any obligation to revise these  forward-looking
statements  to reflect  events or  circumstances  arising after the date of this
10QSB.

PLAN OF OPERATION

         Crescent Moon, Inc. provides  temporary restroom units including single
units,  disability accesses units,  chemical toilets,  and portable trailer with
flush toilets, running water, air conditioning, and stereo sound.

         Crescent  Moon,  Inc.   provides  a  variety  of  services   including;
delivering  and picking up  temporary  restroom  units;  cleaning  and  stocking
temporary restrooms; event planning to determine utility and power requirements,
total restroom capacity needed based on attendance estimates and event duration,
restroom location, and timing and frequency of cleaning and restocking.

         All single  unit  temporary  restrooms,  constructed  of  plastic,  are
purchased from the same manufacturer,  Poly Portables,  to ensure  compatibility
and interchangeability of replacement parts and to reduce inventory requirements
for these parts.

         Restroom trailers are custom built to meet local demands. Four trailers
have been  built by  Crescent  Moon to service  larger  events.  These  chemical
restrooms trailers are durably built with marine plywood interiors to facilitate
ease of cleaning and repairs of any vandalism or other  damage.  Top of the line
flush  restroom  trailers  are  watertight  for  ease  of  cleaning  with a more
attractive white composite  interior and porcelain and stainless steel fixtures.
These trailers were custom built to Crescent  Moon,  Inc.'s  (Formerly  Cherokee
Investments,  Inc.) specifications by Advanced  Containment  Systems,  Inc., and
Ameri-Can  Engineering.  All units are designed to withstand the  vibrations and
torque associated with transportation.

         We have designed an  innovative  pumper truck that utilizes a flat tank
instead of a round tank.  This  enables  drivers to haul more  equipment  at one
time, saving significant time and costs in multiple trips to event sites.

                                       14

<PAGE>



         Market - Crescent Moon, Inc.'s market is the temporary restroom rentals
service, and event management for outdoor events in  Rochester/Western  New York
area.

         Crescent Moon,  Inc.  serves over 200 individual  events in many market
segments including: Sporting events such as regattas, golf tournaments, and town
soccer  leagues;  annual  neighborhood  arts  festivals  such as the  Corn  Hill
Festival and the Park Avenue Festival; carnivals and other fund- raisers; annual
city festivals such as the Lilac Festival;  outdoor concerts and music festivals
for the Finger Lakes  Performing  Arts Center and other;  and individual  events
such as weddings, graduations, and private parties.

Customers  -  Crescent  Moon,  Inc.'s  main  customers  are the  event  planners
themselves.  Large  event  management  organizations-Beau  Productions  and  the
Rochester Broadway Theatre League comprise of 22% of our business. Smaller event
planners such as wedding consultants and catering companies  coordinate multiple
events with  Rochester  Portable  during each season.  Additional  customers are
those in charge of planning only one event such as a not-for-profit  fund-raiser
or a corporate picnic.


RESULTS OF OPERATIONS

Total  Revenues - For the three  months ended  November  30, 2003 and 2002,  the
Company had total sales of approximately $73,180 and $39,461,  respectively. For
the nine months ended November 30, 2003 and 2002, the Company has total sales of
approximately $355,389 and $237,898, respectively. Revenues consist primarily of
fees collected for the rental and management of portable restrooms.

Costs and Expenses - For the three months ended  November 30, 2003 and 2002, the
Company  had  costs  and   expenses  of   approximately   $96,288  and  $65,391,
respectively.  For the nine months ended November 30, 2003 and 2002, the Company
had costs and expenses of  approximately  $257,557 and  $233,757,  respectively.
Costs and  expenses  consist  primarily  of selling and  marketing  expenses and
general and administrative expenses.

LIQUIDITY AND CAPITAL RESOURCES

         For the nine months ended  November 30, 2003 and 2002,  the Company had
approximately  $135,012  and  $64,857  provided  by  cash  flow  from  operating
activities.

         At November 30, 2003,  the Company had total current  assets of $31,634
compared to $3,312  current  assets at February 28, 2003.  The company had a net
working  capital  deficit of $78,520  and  $105,565  at  November  30,  2003 and
February 28, 2003.

         Net  stockholders'  equity  (deficit)  in the Company was  $109,453 and
($12,681) as of November 30, 2003 and February 28, 2003.

         The Company  expects future  development and expansion will be financed
through cash flow from  operations and other forms of financing such as the sale
of additional equity and debt securities,

                                       15

<PAGE>



capital leases and other credit  facilities.  There are no assurances  that such
financing will be available on terms acceptable or favorable to the Company.

Item 3.  Controls and Procedures

         The Company's Chief Executive  Officer and Chief Financial Officer have
concluded,  based on an evaluation  conducted within 90 days prior to the filing
date of this  Quarterly  Report  on Form  10-Q,  that the  Company's  disclosure
controls and  procedures  have  functioned  effectively  so as to provide  those
officers the information necessary whether:

                  (i) this  Quarterly  Report on Form 10-Q  contains  any untrue
                  statement of a material fact or omits to state a material fact
                  necessary  to  make  the  statements  made,  in  light  of the
                  circumstances  under  which such  statements  were  made,  not
                  misleading   with  respect  to  the  period  covered  by  this
                  Quarterly Report on Form 10-Q, and

                  (ii) the financial statements, and other financial information
                  included in this Quarterly Report on Form 10-Q, fairly present
                  in all material respects the financial  condition,  results of
                  operations  and cash flows of the Company as of, and for,  the
                  periods presented in this Quarterly Report on Form 10-Q.

         There  have  been no  significant  changes  in the  Company's  internal
controls or in other factors since the date of the Chief Executive Officer's and
Chief  Financial  Officer's  evaluation  that could  significantly  affect these
internal controls,  including any corrective actions with regards to significant
deficiencies and material weaknesses.


                           PART II - OTHER INFORMATION


Item 1.  Legal Proceedings

         None.

Item 2.  Changes in Securities

         None.

Item 3.  Defaults Upon Senior Securities

         None.

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

         None

                                       16

<PAGE>



Item 5.  Other Information

         None.

Item 6.  Exhibits and Reports on Form 8-K

         1.       EXHIBITS

         Exhibit No.       Exhibit

         3.1      Articles of Incorporation(1)

         3.2      Amended Articles of Incorporation(1)

         3.3      Bylaws(1)

         31       Certification of Principal  Executive and Financial Officer as
                  adopted pursuant to Section 302 of the  Sarbanes-Oxley  Act of
                  2002.

         32       Certification  of Principal  Executive and  Financial  Officer
                  Pursuant  to 18 U.S.C  Section  1350 as  Adopted  Pursuant  to
                  Section 906 of the Sarbanes-Oxley Act of 2002.

(b)      The Company did not file a report on Form 8-K during the quarter  ended
         November 30, 2003


(1)      Incorporated  herein  by  reference  from  Registrant's  Form  10SB12G,
         Registration Statement, dated February 16, 2000.

















                                       17

<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.


                               CRESCENT MOON, INC.
                                  (Registrant)




DATE:     February 19, 2004                   By:    /s/ Robert P. Denome
       ------------------------                   ------------------------------
                                                  Robert P. Denome
                                                  President, Principal Executive
                                                  and Financial Officer



                                       18