SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                   FORM 10-QSB


      Quarterly report under Section 13 or 15(d) of the Securities Exchange
                                   Act of 1934

                For the quarterly period ended September 30, 2002
                        Commission file number 333-67126

                      Air Test Technology, Inc.
             ----------------------------------------------
             (Name of Small Business Issuer in its Charter)

             Delaware                                     33-0883404
  ------------------------------                      ------------------
 (State or Other Jurisdiction of                       I.R.S. Employer
  Incorporation or Organization)                       Idenification No.

   4190 Bonita Road #105, Bonita CA                           91902
  ---------------------------------------                 ----------
  (Address of Principal Executive Offices)                (ZIP Code)

                             (619) 267-0450
           ------------------------------------------------
           (Issuer's Telephone Number, Including Area Code)

                         Not applicable
    --------------------------------------------------------------
   (Former Name, Former Address and Former Fiscal Year, if changed
                        since last report)

Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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.
Yes  [X]        No  [ ]
     ---            ---

There were 8,400,000 shares of Common stock outstanding as of September 1, 2002.

                                                                               1


                                     PART I


<PAGE>
Item 1. Financial Statements.

                            AIR TEST TECHNOLOGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                              FINANCIAL STATEMENTS
                            AS OF SEPTEMBER 30, 2002
                                   (UNAUDITED)

<PAGE>

                            AIR TEST TECHNOLOGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)


                                    CONTENTS


PAGE                1        BALANCE SHEETS AS OF SEPTEMBER 30, 2002 (UNAUDITED)
                             AND DECEMBER 31, 2001

PAGE                2        STATEMENTS  OF OPERATIONS  FOR THE THREE AND NINE
                             MONTHS ENDED  SEPTEMBER 30, 2002 AND
                             2001 AND FOR THE PERIOD  FROM  DECEMBER  1, 1999
                             (INCEPTION)  TO  SEPTEMBER 30,  2002
                             (UNAUDITED)

PAGE                3        STATEMENT  OF CHANGES IN  STOCKHOLDERS'  EQUITY
                             FOR THE PERIOD  FROM  DECEMBER 1, 1999 (INCEPTION)
                             TO SEPTEMBER 30, 2002

PAGE                4        STATEMENTS  OF CASH FLOWS FOR THE NINE MONTHS
                             ENDED  SEPTEMBER  30, 2002 AND 2001 AND FOR THE
                             PERIOD FROM DECEMBER 1, 1999 (INCEPTION) TO
                             SEPTEMBER 30, 2002 (UNAUDITED)

PAGES             5 - 6      NOTES TO FINANCIAL STATEMENTS
                                                                               2

<PAGE>
                            AIR TEST TECHNOLIGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                 BALANCE SHEETS

<TABLE>
<CAPTION>

                                     ASSETS
                                                   September 30,
                                                  2002 (Unaudited)     December 31, 2001
                                                 -------------------  --------------------
<S>                                               <C>                  <C>
CURRENT ASSETS
 Cash                                             $             66     $           8,084
                                                 -------------------  --------------------

TOTAL ASSETS                                      $             66     $           8,084
------------
                                                 ===================  ====================


                      LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES                                      $           -        $            -
                                                -------------------   -------------------

STOCKHOLDERS' EQUITY
 Preferred stock, $0.0001 par value,
  20,000,000 shares authorized,
  none issued and outstanding                                -                     -
 Common stock, $0.0001 par value,
  50,000,000 shares authorized,
  8,400,000 shares issued and outstanding                     840                   840
 Additional paid-in capital                                20,472                20,472
 Accumulated deficit during development stage             (21,246)              (13,228)
                                                -------------------   -------------------

TOTAL STOCKHOLDERS' EQUITY                                     66                 8,084
                                                -------------------   -------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $             66     $           8,084
------------------------------------------
                                                ===================   ===================
</TABLE>

                 See accompanying notes to financial statements.
                                        1
                                                                               3

<PAGE>


                            AIR TEST TECHNOLIGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)


<TABLE>
<CAPTION>

                                        For the Three   For the Three    For the Nine     For the Nine    For the Period from
                                         Months Ended    Months Ended    Months Ended     Months Ended      December 1, 1999
                                        September 30,   September 30,   September 30,    September 30,       (Inception) to
                                             2002           2001            2002             2001         September 30, 2002
                                        --------------  --------------  ---------------  ---------------  ---------------------

<S>                                     <C>             <C>             <C>              <C>               <C>
SALES                                   $         -     $         -     $         -      $         -       $             -
                                        --------------  --------------  ---------------  ---------------  ---------------------

OPERATING EXPENSES
 Outside services                                 -                200            -                 200                 2,272
 Professional fees                               1,320           1,067           6,614            1,067                15,417
 Other selling, general and
  administrative                                    24             367           1,404            3,685                 3,557
                                        --------------  --------------  ---------------  ---------------  ---------------------
       Total Operating Expenses                  1,344           1,634           8,018            4,952                21,246
                                        --------------  --------------  ---------------  ---------------  ---------------------

NET LOSS                                $       (1,344) $       (1,634) $       (8,018)  $       (4,952)   $          (21,246)
--------
                                        ==============  ==============  ===============  ===============  =====================
NET LOSS PER SHARE - BASIC AND DILUTED  $         -     $         -     $         -      $         -       $             -
                                        ==============  ==============  ===============  ===============  =====================

WEIGHTED AVERAGE NUMBER OF SHARES
 OUTSTANDING DURING THE PERIOD
 - BASIC AND DILUTED                         8,400,000       8,400,000       8,400,000        8,400,000             8,400,000
                                        ==============  ==============  ===============  ===============  =====================
</TABLE>

                See accompanying notes to financial statements.
                                        2
                                                                               4


<PAGE>


                            AIR TEST TECHNOLIGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
     FOR THE PERIOD FROM DECEMBER 1, 1999 (INCEPTION) TO SEPTEMBER 30, 2002

<TABLE>
<CAPTION>

                                                       Common Stock         Additional      Deficit        Total
                                                                                          Accumulated
                                                                                            During
                                                                             Paid-In      Development
                                                                                                           ------------
                                                Shares         Amount        Capital         Stage
                                                -----------  ------------ --------------  ---------------  -----------

<S>                                              <C>         <C>           <C>            <C>              <C>
Common stock issued for cash                     8,400,000   $       840   $       -      $        -       $     840

Capital contribution by promoter                      -             -               472            -             472

Net loss for the period from December 1, 1999
 (inception) to December  31, 1999                    -             -              -               (472)        (472)
                                                -----------  ------------ --------------  ---------------  -----------

Balance, December 31, 1999                       8,400,000           840            472            (472)         840

Capital contribution by stockholder                   -             -            10,000            -          10,000

Net loss for the year ended December 31, 2000         -             -              -             (3,665)      (3,665)
                                                -----------  ------------ --------------  ---------------  -----------

Balance, December 31, 2000                       8,400,000           840         10,472          (4,137)       7,175

Capital contribution by stockholder                   -             -            10,000            -          10,000

Net loss for the year ended December 31, 2001         -             -              -             (9,091)      (9,091)
                                                -----------  ------------ --------------  ---------------  -----------

Balance, December 31, 2001                       8,400,000           840         20,472         (13,228)       8,084

Net loss for the nine months September 30, 2002       -             -              -             (8,018)      (8,018)
                                                -----------  ------------ --------------  ---------------  -----------

BALANCE, SEPTEMBER 30, 2002                      8,400,000   $       840   $     20,472   $     (21,246)   $      66
---------------------------
                                                ===========  ============ ==============  ===============  ===========
</TABLE>


                See accompanying notes to financial statements.
                                        3
                                                                               5
<PAGE>


                            AIR TEST TECHNOLIGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                   For the Nine      For the Nine     For the Period from
                                                   Months Ended      Months Ended      December 1, 1999
                                                  September 30,     September 30,       (Inception) to
                                                       2002              2001         September 30, 2002
                                                  ----------------  ----------------  ---------------------
<S>                                               <C>               <C>               <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
 Net loss                                         $       (8,018)   $       (4,952)   $           (21,246)
 Adjustments to reconcile net loss to net
   cash used in operating   activities:
 Expenses contributed by promoter                           -                 -                       472
                                                  ----------------  ----------------  ---------------------

       Net Cash Used In Operating Activities              (8,018)           (4,952)               (20,774)
                                                  ----------------  ----------------  ---------------------

CASH FLOWS FROM INVESTING ACTIVITIES                        -                 -                      -

CASH FLOWS FROM FINANCING ACTIVITIES:
 Contribution from stockholder                              -                 -                    20,000
 Proceeds from issuance of common stock                     -                 -                       840
                                                                    ----------------  ---------------------
                                                  ----------------
       Net Cash Provided By Financing Activities            -                 -                    20,840
                                                  ----------------  ----------------  ---------------------

NET INCREASE (DECREASE) IN CASH                           (8,018)           (4,952)                    66

CASH AND CASH EQUIVALENTS -
 BEGINNING OF PERIOD                                       8,084             7,175                   -
                                                  ----------------  ----------------  ---------------------

CASH and cash equivalents -
 end of PERIOD                                    $           66    $        2,223    $                66
 -------------
                                                  ================  ================  =====================
</TABLE>


                See accompanying notes to financial statements.
                                        4
                                                                               6



<PAGE>
                            AIR TEST TECHNOLIGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                            AS OF SEPTEMBER 30, 2002
                                   (UNAUDITED)

NOTE 1 ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       (A) Basis of Presentation

       The accompanying unaudited financial statements have been prepared in
       accordance with accounting principles generally accepted in The United
       States of America and the rules and regulations of the Securities and
       Exchange Commission for interim financial information. Accordingly, they
       do not include all the information necessary for a comprehensive
       presentation of financial position and result of operations.

       It is management's opinion, however that all material adjustments
       (consisting of normal recurring adjustments) have been made which are
       necessary for a fair financial statement presentation. The results for
       the interim period are not necessarily indicative of the results to be
       expected for the year.

       For further information, refer to the financial statements and footnotes
       for December 31, 2001 included in the Company's Form 10-KSB.

       (B) Organization and Description of Business

       Air Test Technology, Inc. (a development stage company) (the "Company")
       was incorporated in Delaware on December 1, 1999. The Company has
       developed a working prototype of a safety device that will open a garage
       door when carbon monoxide is detected. A second use for this device is
       under development and is intended for use as a warning device in aircraft
       with combustion heaters.

       The Company's activities during the development stage have included
       corporate formation, stock issuance, and development of a product
       prototype. The Company's ability to commence operations is contingent
       upon its ability to identify a market for its product, initiate product
       production, and raise the additional capital it may require through the
       issuance of equity securities, debt securities, bank borrowings or a
       combination thereof.

NOTE 2 STOCKHOLDERS' EQUITY

       (A) Preferred Stock

       The Company is authorized to issue 20,000,000 shares of preferred stock
       at $.0001 par value, with such designations, preferences, limitations and
       relative rights as may be determined from time to time by the Board of
       Directors.

                                        5
                                                                               7


<PAGE>
       (B) Common Stock

       The Company is authorized to issue 50,000,000 shares of common stock at
       $.0001 par value. In December 1999, the Company issued 8,400,000 shares
       of its common stock to various stockholders pursuant to Section 4 (2) of
       the Securities Act of 1933, as amended, for an aggregate consideration of
       $840. Expenses incurred during the development stage of the Company for
       the period ended December 31, 1999 were paid by the promoter.

       In each of the years ended December 31, 2001 and 2000, a stockholder
       contributed $10,000 to the Company to provide working capital so that it
       could pay certain operating expenses. There have been no additional
       capital contributions during the nine months ended September 30, 2002.

                                        5

                                                                           8




<PAGE>
Managements Discussion and Analysis of Financial Condition and
Results of Operations

Certain Forward-Looking Information

Information provided in this Quarterly Report on Form 10QSB may contain
forward-looking statements within the meaning of Section 21E or Securities
Exchange Act of 1934 that are not historical facts and information. These
statements represent the Company's expectations or beliefs, including, but not
limited to, statements concerning future and operating results, statements
concerning industry performance, the Company's operations, economic performance,
financial conditions, margins and growth in sales of the Company's products,
capital expenditures, financing needs, as well assumptions related to the
forgoing. For this purpose, any statements contained in this Quarterly Report
that are not statements of historical fact may be deemed to be forward-looking
statements. These forward-looking statements are based on current expectations
and involve various risks and uncertainties that could cause actual results and
outcomes for future periods to differ materially from any forward-looking
statement or views expressed herein. The Company's financial performance and the
forward-looking statements contained herein are further qualified by other risks
including those set forth from time to time in the documents filed by the
Company with the Securities and Exchange Commission, including the Company's
most recent Forms SB-2 and 10KSB.

Condition and Results of Operations.

Three months ended September 30, 2002 and 2001.

Net sales were $0 for the quarters ended September 30, 2002 and 2001.

Operating Expenses were $1,344 for the quarter ended September 30, 2002 and
$1,634 for the same quarter in 2001.

On September 30, 2002 the Company had a Stockholder's equity (Deficit) of $66
and on December 31, 2001 of $8,084.


Air Test may raise additional capital either
through debt or equity. No assurances can be given that such efforts will be
successful. The Company has no specific plans at present for raising additional
capital.


   In February of 2000 and again on October 16, 2001 Fulford Partners, Ltd.
contributed $10,000 to the capital of Air Test. Fulford Partners, Ltd. is a
major Class A shareholder in Pt. Loma and as such would benefit from the success
of Air Test. Since this is a contribution of capital it represents no liability
to Air Test.

                                                                               9


<PAGE>
The following is the history and projected future activities of the company in
milestone format.


   Milestones:

1.  Development of prototype idea was done in mid 2000.

2.  Production of a physical prototype was done in March of 2001.

3.  Initial small market study was carried out solely by Air Test in September
    of 2001.

<PAGE>
4.  Development of a product brochure is planned for April 2003. Estimated cost
    $300.

5.  Additional company to company market study using brochure planned for early
    2003.. Cost estimate $300.

6.  Mail brochures to garage door companies in California and follow up with
    telephone interviews. $500.

7.  Develop list of manufacturers and assess pricing. Determine price, quantity
    and delivery..

8.  Place order for small initial product production. Middle of 2003. Cost will
    depend on information obtained in milestone 7.

9.  Fall of 2003. Market initial production to companies identified in mile
    stones 5 and 6. Cost will depend on information from milestone 5 and 6 as to
    number of stores. This mile-stone should mark the first revenues for Air
    Test.

10. Determine future production and sales effort from information gained from
    initial sales effort. Depending on the size of the production and potential
    Air Test may need to obtain addition capital from loans or sale of
    additional equity.

In the next twelve months, Air Test will pursue arrangements for the sale of its
products. If the price of production can be kept reasonable, revenues could be
expected late in 2003. A manufacturing source will be sought early in 2003.
Initial placement of the product in appropriate outlets will take place in the
Second quarter of 2003 in San Diego County as a starting location.

                                                                              10




<PAGE>
                                  RISK FACTORS

Purchasers of Air Test's common stock described here should carefully consider
the following factors, which make Air Test's common stock a high risk security.

(1) Air Test is a start up company and subject to all the risks of a new
business.

The company is very small and only recently has it begun exploring development
possibilities. Manufacturing estimates are now being obtained and may not prove
economical for production for the general market. Since we are just starting the
proposed operations the investor is at risk that this new business will not be
able to make a profit or take a very long time to accomplish that.

(2) Lack of experience in the electric and home improvement business may result
in unsatisfactory management.

No history in operating a retail and home improvement business may risk investor
funds due to the inexperience of the officers and directors who are making
business decisions. This lack of experience may result in an inability to run a
successful business. There is no assurance that Air Test will ever produce
earnings. (See "Business" and "Management.")

(3) Additional funds may be needed and may not be able to be raised.

Without additional capital the original investor funds may be at risk. The
balance sheet for the year ended December 31, 2001, shows a stockholder's equity
of only $8,084 and working capital of only $8,084. Since January 1, 2000 a major
shareholder, Fulford Partners, LTD., contributed $10,000 in Feburary 2001 and
another $10,000 on October 16, 2001 to the capital of Air Test. The father of
Air Test Director Andre Coldicutt is Thomas Coldicutt who is the sole owner of
Fulford Partners, Ltd. We estimate sufficient funds for approximately twelve
months of current operations. Thus, we may need to raise additional capital and
there is no assurance that we will be able to raise sufficient for continuing
needs. While Air Test intends to sell its products through existing retail

outlets and distributors, and to possibly receive prepaid royalties, there can
be no assurance that we will be successful in achieving the objectives. As of
this date Air Test has manufactured only the prototypes and has sold no
units.Mr. J. Michael Page, a Director of Air Test is also the only Officer and
the only Director of Pt. Loma.

(4) Our product may have no market interest and result in few sales. With little
or no sales the company may not be able to continue operation. The proposed
marketing of our product has inherent risks. It is a new and untried product
with a possibly limited market. We cannot accurately predict the acceptance of
the product or the time frame in which any sales will be made.

We have surveyed the market to get an indication of the potential but the
results are unpredictable at this time.

(5) There may be other companies intending to enter this market.

                                                                              11


<PAGE>
Air Test considers its "market" to be the field of poisonous gas detection. Air
Test will operate in a business field where the competing companies are much
larger and more experienced in the electronic business and much better at
predicting consumer interests. A competing product may reduce the desirability
of our unit. Also, because other established electronics companies will likely
have much larger amounts of capital than we have, we may find it very difficult
to infuse enough money to compete and make a profit. Companies which presently
manufacture garage door openers and carbon monoxide detectors may also enter
this market.

(6) We have not secured a manufacturing source yet and may not be able to do so.
A specific manufacturer has not been found as yet and may not be possible To
obtain at a reasonable price for the product. Air Test does not Intend to do its
own manufacturing and will be completely dependent on outside companies for the
production of its product. While the availability of a company to produce the
product may not be a problem, the cost of such production may be too high to
make mass marketing feasible. If the price of the product cannot be at a level
that would interest the potential consumer then there be no sales the investor
may lose the money invested.

(7) Our market study may prove incorrect about the desirability of the product.
The evaluation of the Company's products has been done solely by its officers
and directors. No independent analysis or study of its products has been done by
anyone engaged by Air Test. The investor is at risk if the company's studies
have overestimated the product's marketability.

(8) We are liable for the safety of the product even though we are not
manufacturing it. Although Air Test is not and does not intend to be involved in
the actual manufacturing process (since we intend to use subcontracting
arrangements), there may be liability to the Company since we were responsible
for the design. The Company presently has no product liability insurance
coverage. We believe that this is appropriate at present considering the nature
of the product and the stage of development. There can be no assurance that this
decision will not result in consequent loss to us and therefore to the investor.


(9) Air Test is completely dependent on its management for the product
development.,The current management is the only personnel available to develop
the product and it is probable that we would not have sufficient capital to hire
personnel to continue the development of the product should management for any
reason cease or be unable to continue to work. Without personnel to replace

officer and director management the company could not continue to operate. The
present management acquired its controlling interest in Air Test on December 2,
1999.

(10) The investor has no say in the management of the company.

Certain officers and directors and major shareholder (i.e. Mr J. Michael Page,
director and Mr. Andrew Coldicutt, corporate secretary and a director) own a
majority of the company's common stock and will be in a position to continue
to controlAir Test.

                                                                              12


<PAGE>
Such close control may be risky to the investor because the entire
company's operation is dependent on a very few people who could lose their
ability, or interest in pursuing the company's operation.


(11) No cash dividends are anticipated in the foreseeable future.

Since Air Test does not anticipate that it will pay dividends the investor will
only profit by the increase in value of his shares. Our profits, if any, during
the next several years will necessarily be used to develop and possibly expand
the product lines and business.

(12) There is no market for the common stock.

Even after the distribution of the shares there is no assurance a market will
develop. The common stock will not initially be traded on NASDAQ or any
Securities Exchange which may result in the risk of minimal liquidity of the
investment. The Company's symbol is "ATTI" and may be traded on the NNOTC. As of
this date there has been no market

(13) Our stock may be low priced and therefore less liquid.

Because the company's common stock is likely to trade below $5.00 per share, We
are subject to the Securities enforcement and Penny Stock Reform Act of 1990
(the "Penny Stock Rules") . The Penny Stock Rules may adversely affect the
market liquidity for our common stock because broker-dealers trading in

Penny Stocks must, among other things:
      * Provide customers with a risk disclosure statement setting forth certain
        specified information prior to a purchase transaction;
      * Disclose to the customer inside bid quotation and outside offer
        quotation for this Penny Stock, or, in a principal transaction, the
        broker-dealer's offer price for the Penny Stock;
      * Disclose the aggregate amount of any compensation the broker- dealer
        receives in the transaction;
      * Disclose the aggregate amount of the cash compensation that any

        associated person of the broker-dealer, who is a natural person, will
        receive in connection with the transaction;

      * Deliver to the customer after the transaction certain information
        concerning determination of the price and market trading activity of the
        Penny Stock.

Non-stock exchange and non-NASDAQ stocks would not be covered by the definition
of penny stock for:
    (i)  issuers who have $2,000,000 tangible assets ($5,000,000 if the issuer
         has not been in continuous operation for three years);
    (ii) transactions in which the customer is an institutional accredited

         investor;
    (iii)transactions that are not recommended by the broker-dealer.

                                                                              13


<PAGE>
                          PENNY STOCK RULE

The Securities and Exchange commission has adopted rule 15g-9 which established
the definition of a "penny stock", for the purposes relevant to Air Test, as any
equity security that has a market price of less than $5.00 per share or with an
exercise price of less than $5.00 per share, subject to certain exceptions. For
any transaction involving a penny stock, unless exempt, the rules require:
     (1) that a broker or dealer approve a person's account for transactions in
         penny stocks: and
     (2) the broker or dealer receive from the investor a written agreement to
         the transaction, setting forth the identity and quantity of the penny
         stock to be purchased.
         In order to approve a person's account for transactions in penny
         stocks, the broker or dealer must
     (1) obtain financial information and investment experience objectives of
         the person; and
     (2) make a reasonable determination that the transactions in penny stocks
         are suitable for that person and the person has sufficient knowledge
         and experience in financial matters to be capable of evaluating the
         risks of transactions in penny stocks. The broker or dealer must also
         deliver, prior to any transaction in a penny stock,
     (1) a disclosure schedule prepared by the Commission relating to the penny
         stock market, which, in highlight form,
     (2) sets forth the basis on which the broker or dealer made the suitability
         determination; and
     (3) that the broker or dealer received a signed, written agreement from the
         investor prior to the transaction. Disclosure also has to be made about
         the risks of investing in penny stocks in both public offerings and in
         secondary trading and about
     (1) the commissions payable to both the broker-dealer and the registered
         representative,
     (2) current quotations for the securities, and
     (3) the rights and remedies available to an investor in cases of fraud in
         penny stock transactions.
     (4) monthly statements have to be sent disclosing recent price information
         for the penny stock held in the account and information on the limited
         market in penny stocks.

(14) Potential Future Sales Pursuant to Rule 144. Of the 8,400,000 shares of Air
Test's common stock outstanding prior to this Offering, all are "Restricted
Securities," as that term is defined under Rule 144 promulgated under the
Securities Act of 1933 (the "Act"). In general, under Rule 144, a person (or
persons whose shares are aggregated) who has satisfied a one-year holding period
may sell, within any three-month period, a number of shares which does not
exceed the greater of one percent of the then outstanding shares of common stock
or the average weekly trading volume during the four calendar weeks prior to
such sale. Rule 144 also permits the sale of shares, without any quantity
limitation, by a person who is not an affiliate of the Company and who has
beneficially owned the shares a minimum period of two years. Hence, the possible
sale of these restricted shares may, in the future, dilute an investor's
percentage of free-trading shares and may have a depressive effect on the price
of Air Test's common stock.

                                                                              14


<PAGE>
 (15) Potential Anti-Takeover Effect of Authorized Preferred Stock. The Company
is authorized to issue 20,000,000 shares of $0.001 par value preferred stock
with the rights, preferences, privileges and restrictions thereof to be
determined by the Board of Directors of Air Test. Preferred stock can thus be
issued without the vote of the holders of common stock. Rights could be granted
to the holders of preferred stock which could reduce the attractiveness of Air
Test as a potential takeover target, make the removal of management more
difficult, or adversely impact the rights of holders of common stock. No
preferred stock is currently outstanding, and we have no present plans for the
issuance of any shares of preferred stock.


(16) Product Patent. We have elected not to pursue a product patent at this time
until further development of the company's potential is explored. There is risk
that the product will be seen and copied and we will lose the competitive edge.

(17) Possible conflict in Management. Since there is a common individual on the
board of directors of both Air Test and Pt. Loma Holding Company, Inc. and the
companies have a common officer, there may arise conflicts of interest in his
duties to the individual companies. After the distribution the companies will
have mostly common shareholders.

                                                                              15


<PAGE>
                                     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

Item 5.  Other Information

            None

Item 6.   Exhibits and Reports on Form 8-K

         (a) (2) Filed by reference; Form SB-2 filed November 5, 2001. (3) Filed
             by reference; Form SB-2 filed November 5, 2001. (11) Statement re:
             Computation of per share earnings.


          (b) There was one report on 8-K filed May 10, 2002 reporting the audit
of December 31, 2001.

                                   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.



                                      AIR TEST TECHNOLOGY, INC.


                                      "S" DOUGLAS HENDERSON
                                      ---------------
Date: 9/1/2002              By       "S" DOUGLAS HENDERSON
                                                                              16