U. S. Securities and Exchange Commission
                             Washington, D. C. 20549


                                   FORM 10-QSB


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

        For the quarterly period ended June 30, 2002

[ ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

         For the transition period from                to
                                        --------------    ------------------


                               Commission File No.
                                     0-30657

                            WASATCH WEB ADVISORS, INC.
                 (Name of Small Business Issuer in its Charter)


                 UTAH                                     87-0638510
      (State or Other Jurisdiction of            (I.R.S. Employer I.D. No.)
       incorporation or organization)


                               941 East 3665 South
                           Salt Lake City, Utah 84106
                    (Address of Principal Executive Offices)

                    Issuer's Telephone Number: (310) 795-0252

                              None, Not Applicable;

                                   -----------
          (Former Name or Former Address, if changed since last Report)


     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Sections 13 or 15(d) of the  Securities  Exchange Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
Registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days.

(1)  Yes  X    No              (2)  Yes  X     No
         ----     ----                  ----         ----
<PAGE>

APPLICABLE  ONLY TO  ISSUERS  INVOLVED  IN  BANKRUPTCY  PROCEEDINGS  DURING  THE
PRECEDING FIVE YEARS

     None, Not Applicable;

     APPLICABLE  ONLY  TO  CORPORATE  ISSUERS  Indicate  the  number  of  shares
outstanding  of each of the  Registrant's  classes  of common  stock,  as of the
latest practicable date:

                                  June 30, 2002

                                    1,186,857

PART I - FINANCIAL INFORMATION

Item 1.Financial Statements.

The Financial Statements of the Registrant required to be filed with this 10-QSB
Quarterly Report were prepared by management and commence on the following page,
together  with  related  Notes.  In the  opinion of  management,  the  Financial
Statements  fairly  present  the  financial  condition  of the  Registrant.  The
Financial  Statements  have been  reviewed  and are on file  with the  Company's
Auditor.

<PAGE>
<TABLE>
<CAPTION>

                           WASATCH WEB ADVISORS, INC.
                                  Balance Sheet
                       June 30, 2002 and December 31, 2001

                                                                06/30/2002      12/31/2001
                                                                ----------      ----------
                                                                [Unaudited]
ASSETS

        Current Assets

<S>                                                              <C>            <C>
               Cash                                              $  7,786       $ 12,669
                                                                 --------       --------
        Total Current Assets                                     $  7,786       $ 12,669

        Property and Equipment
               Property and Equipment                            $  4,003       $  4,003
               Less: Accumulated Depreciation                      (2,641)        (2,175)
        Total Property and Equipment                             $  1,362       $  1,828
                                                                 --------       --------
TOTAL ASSETS                                                     $  9,148       $ 14,497

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

        Current Liabilities
               Accrued Liabilities                                $     0       $    698
               Payable to shareholder                                   0              0
               Income taxes payable -                                 100            100
                                                                  -------       --------
        Total Current Liabilities                                     100            798

TOTAL LIABILITIES                                                     100            798

STOCKHOLDERS' EQUITY

        Capital stock - 50,000,000 shares authorized at $0.01 par;
           1,186,857 and 1,142,857, respectively, shares issued and
           outstanding                                             11,869         11,869
        Additional paid-in capital                                 24,671         24,671
        Deficit accumulated during development stage              (27,492)       (22,841)

TOTAL STOCKHOLDERS  EQUITY                                          9,148         13,699

TOTAL LIABILITIES AND STOCKHOLDERS EQUITY                       $   9,148         14,497



</TABLE>
<PAGE>
<TABLE>
<CAPTION>


                           WASATCH WEB ADVISORS, INC.
                            Statements of Operations
             For the Three and Six Month Periods Ended June 30, 2002 and 2001


                                                                                                                    For the
                                                                                                                  Period from
                                                  For the               For the          For the        For the    Inception
                                               Three Months            Six Months     Three Months     Six Months  [09/14/99]
                                                   Ended                  Ended           Ended          Ended     through
                                                  6/30/02                6/30/01         6/30/02        06/30/01   06/30/02
                                               ---------------          ------------   ------------    ------------ -----------


<S>                                         <C>                        <C>            <C>             <C>          <C>
Revenues                                     $              0           $        500   $          0    $      2,685 $     4,868
Cost of Sales                                               0                      0              0             140       1,375
                                               ---------------          -------------  ------------    ------------ -----------
  Gross Margin                                              0                    500              0           2,545       3,493

General and Administrative Expenses                     1,952                  1,707          4,651           3,437      30,685
                                               ---------------          -------------  ------------    ------------ -----------
Net Loss from Operations                               (1,952)                (1,207)        (4,651)           (892)    (27,192)

                                               ---------------          -------------  ------------    ------------ -----------
       Net Loss Before Income Taxes                    (1,952)                (1,207)        (4,651)           (892)    (27,192)

Provision for Income Taxes                                  0                      0              0               0         300
                                               ---------------          -------------  ------------    ------------ -----------
Net Loss                                     $         (1,952)          $     (1,207)  $     (4,651)           (892)    (27,492)
                                               ===============          =============  ============    ============ ===========

Loss Per Share                               $           (.01)          $       (.01)  $      (0.01)   $       (.01)$      (.01)
                                               ===============          =============  ============    ============ ===========

Weighted Average Shares Outstanding                 1,186,857              1,186,857      1,186,857       1,186,857   1,103,331
                                               ===============          =============  ============    ============ ===========





</TABLE>
<PAGE>
<TABLE>
<CAPTION>

                           WASATCH WEB ADVISORS, INC.
                            Statements of Cash Flows
             For the Three and Six Month Periods Ended June 30, 2001 and 2000



                                                                                                                       For the
                                                                                                                      Period from
                                                             For the           For the       For the      For the     Inception
                                                           Three Month        Six Month    Three Month   Six Month    [09/14/99)
                                                         Period Ending     Period Ending Period Ending Period Ending  through
                                                            06/30/01         06/30/01     06/30/00       06/30/00     06/30/01

Cash Flows Provided by/(Used for) Operating Activities
                                                            --------------     -------------  ----------  ----------   -----------


<S>                                                    <C>                    <C>            <C>         <C>              <C>
Net Loss                                                 $          (1,952)     $     (1,207)  $   (4,651) $     (892)      (27,492)
Adjustments to reconcile net income to net
cash provided by operating activities:
    Increase in Depreciation                                           233               233          466         233         2,641
    Increase in income taxes payable                                     0                 0            0           0           100
    Increase/(Decrease) in amount due to shareholder                     0                 0            0       1,500             0
    Shares issued for forgiveness of debt                                0                 0            0           0         5,000
    Decrease/(Increase) in accrued liabilities                           0                 0         (698)          0             0
                                                             --------------      ------------  ----------  ----------   -----------
       Net Cash Provided by/(Used for) in Operating  Activities     (1,719)             (974)      (4,883)         841      (19,751)

Cash Flows Provided by Investing Activities
    Purchase of equipment                                                0                 0            0           0        (4,003)
                                                             --------------      ------------  ----------  ----------   -----------
              Net Cash Used by Investing Activities                      0                 0            0           0        (4,003)

Cash Flows Provided by Financing Activities
    Issued stock for cash                                                0                 0            0           0        31,540
                                                             --------------      ------------  ----------  ----------   -----------
              Net Cash Provided by Financing Activities                  0                 0            0           0        31,540

                Net Increase(decrease) in Cash                      (1,719)             (974)      (4,883)        841         7,786

Beginning Cash Balance                                               9,505            16,954       12,669      23,488             0
                                                             --------------      ------------  ----------  ----------   -----------

Ending Cash Balance                                      $           7,786       $    15,980   $   7,786  $    24,329   $     7,786
                                                             ==============      ============  ==========  ==========   ===========

</TABLE>
<PAGE>

                           WASATCH WEB ADVISORS, INC.
                   Notes to the Interim Financial Statements


NOTE 1- BASIS OF PRESENTATION

          The accompanying unaudited interim financial statements of Wasatch Web
          Advisors,  Inc.  have  been  prepared  in  accordance  with  generally
          accepted  accounting  principles  and the rule of the  Securities  and
          Exchange  Commission  ("SEC"),  and should be read in conjunction with
          the  audited  financial  statements  and  notes.  In  the  opinion  of
          management,   all   adjustments,   consisting   of  normal   recurring
          adjustments,  necessary for a fair presentation of financial  position
          and  the  results  of  operations  for  interim  are  not  necessarily
          indicative of the results to be expected for the full year.

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

Plan of Operation.

     The  Company has  created  relationships  with  several  clients  through a
all-in-one  website  service  contract.   Furthermore,   the  Company  plans  on
increasing its client base through  advertisement and by broadening the services
in which it currently provides.

     For the  quarterly  period  ended June 30,  2002,  the company  received no
revenues and incurred expenses of $1,952, stemming from costs related to general
and administrative expenses.

Liquidity

     At June 30, 2002,  the Company had total current assets of $9,148 and total
liabilities of $100.

PART II - OTHER INFORMATION

Item 1.Legal Proceedings.

None; not applicable.

Item 2.Changes in Securities.

None; not applicable

Item 3.Defaults Upon Senior  Securities.

None; not applicable.

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

None; not applicable

Item 5.Other Information.

None; applicable

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

None; not applicable

(b)Reports on Form 8-K.

None; Not Applicable.


<PAGE>


                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



     In connection with the Quarterly Report of Wasatch Web Advisors, Inc., Inc.
(the "Company") on Form 10-QSB for the period ending June 30, 2002 as filed with
the Securities  and Exchange  Commission on the date hereof (the  "Report"),  I,
James  Doolin,  Chief  Executive  Officer  and Chief  Financial  Officer  of the
Company,  certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to 906 of the
Sarbanes-Oxley Act of 2002, that:


     (1) The Report fully  complies  with the  requirements  of section 13(a) or
     15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
     material respects,  the financial condition and result of operations of the
     Company.


Date:8/11/02                /S/JAMES DOOLIN
                            James Doolin, Chief Executive Officer and
                            Chief Financial Officer


SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                            WASATCH WEB ADVISORS, INC.



Date:8/11/02                /S/ JAMES DOOLIN
                            James Doolin, President and Director