SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                                   FORM 10QSB


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


For Quarter Ended                                   Commission File Number
- -----------------                                   ----------------------
June 30, 2002                                              000-32341


                                  QUIXIT, INC.
                                ----------------
             (Exact name of registrant as specified in its charter)


Colorado                                                           84-1485082
- --------                                                           ----------
(State of incorporation)                               IRS Employer ID Number


7609 Ralston Road, Arvada, Colorado              80002
- ------------------------------------             -----
(Address of principal executive offices)      (Zip Code)


                                  303.422.8127
                                  ------------
                         (Registrant's Telephone number)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 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 the filing
requirements for at least the past 90 days.

                           Yes  X        No
                              -----        -----

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

                   5,000,000 common shares as of June 30, 2002





<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.

         For financial information, please see the financial statements and the
notes thereto, attached hereto and incorporated by this reference.

         The financial statements have been prepared by Quixit, Inc. without
audit pursuant to the rules and regulations of the Securities and Exchange
Commission. Certain information and footnotes disclosures normally included in
financial statements prepared in accordance with generally accepted accounting
principles have been condensed or omitted as allowed by such rules and
regulations, and management believes that the disclosures are adequate to make
the information presented not misleading. These financial statements include all
the adjustments which, in the opinion of management, are necessary to a fair
presentation of financial position and results of operations. All such
adjustments are of a normal and recurring nature. These financial statements
should be read in conjunction with the audited financial statements at December
31, 2001, included in the Company's Form 10-SB.

<PAGE>
                           MICHAEL JOHNSON & CO., LLC
                          Certified Public Accountants
                        9175 East Kenyon Ave., Suite 100
                             Denver, Colorado 80237

Michael B. Johnson C.P.A.                             Telephone:  (303) 796-0099
Member:  A.I.C.P.A.                                         Fax:  (303) 796-0137
Colorado Society of C.P.A.s




          REPORT ON REVIEW BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS'



Board of Directors
Quixit, Inc.
Colorado Springs, CO

We have reviewed the accompanying balance sheet of Quixit, Inc. for June 30,
2002, and the related statements of income for the three and six-months ended
June 310, 2002 and 2001, and related cash flows for the six-months ended June
30, 2002 and 2001, included in the accompanying Securities and Exchange
Commission 10-QSB for the period ended June 30, 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
auditing standards generally accepted in the United States, 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 accompanying financial statements for them to be in conformity
with accounting principles generally accepted in the United States.

We have previously audited, in accordance with auditing standards generally
accepted in the United States, the balance sheet as of December 31, 2001, and
the related statements of operations, stockholders' equity and cash flows for
the year then ended (not presented herein). In report dated January 23, 2002, we
expressed an unqualified opinion on those financial statements. In our opinion,
the information set forth in the accompanying balance sheet as of June 30, 2002
is fairly stated in all material respects in relation to the balance sheet from
which it has been derived.


Michael Johnson & Co., LLC
Denver, CO
August 9, 2002

/s/Michael Johnson & Co., LLC


<PAGE>

<TABLE>
<CAPTION>


                                  QUIXIT, INC.
                                 Balance sheets
                                  (Unaudited)


                                                                          Six-Months                 Year End
                                                                           June 30,                December 31,
                                                                             2002                      2001
                                                                       -----------------         -----------------
<S>                                                                         <C>                       <C>
ASSETS;

   Current Assets:
      Cash                                                                    $ -                       $ -
      Other current assets                                                      -                         -
                                                                       -----------------         -----------------

Total Current Assets                                                            -                         -
                                                                       -----------------         -----------------

TOTAL ASSETS                                                                  $ -                       $ -
                                                                       =================         =================

LIABILITIES AND STOCKHOLDERS' EQUITY
    Current Liabilities
         Advances from shareholders                                         $ 2,500                   $ 2,500
                                                                       -----------------         -----------------

Total Current Liabilities                                                     2,500                     2,500

 Stockholders Equity
    Common stock, $.01 par value, 5,000,000 shares                           50,000                    50,000
        authorized, 5,000,000 shares issued and outstanding
    Additional Paid-In Capital                                               85,793                    85,793
    Deficit accumulated during the
      development stage                                                    (138,293)                 (138,293)
                                                                       -----------------         -----------------

Total Stockholders' Equity                                                   (2,500)                   (2,500)
                                                                       -----------------         -----------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                    $ -                       $ -
                                                                       =================         =================


</TABLE>


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

                                      F-1

<PAGE>

<TABLE>
<CAPTION>


                                  QUIXIT, INC.
                            Statements of Operations
                                  (Unaudited)

                                                     Three-Months Ended                        Six-Months Ended
                                                         June 30,                                  June 30,
                                                2002                   2001               2002                   2001
                                              ------------------------------            ----------------------------------
<S>                                             <C>                     <C>                <C>                   <C>

Revenue:
    Sales                                        $      -               $       -           $      -                $    -
    Cost of goods sold                                  -                       -                  -                     -
                                           ---------------       -----------------   ----------------       ---------------
Total Income                                            -                       -                  -                     -

Costs and Expenses:
     Legal & Accounting                                 -                       -                  -                     -
      Travel                                            -                       -                  -                     -
                                           ---------------       -----------------   ----------------       ---------------
Total Expenses                                          -                       -                  -                     -
                                           ---------------       -----------------   ----------------       ---------------
Net Loss                                              $ -                     $ -                $ -                $    -
                                           ===============       =================   ================       ===============


Per Share Information:

     Weighted average number
     of common shares outstanding               5,000,000               5,000,000          5,000,000             5,000,000

Net Loss per common share                        *                      *                   *                     *
                                           ===============       =================   ================       ===============

* Less than $.01


</TABLE>


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

                                      F-2

<PAGE>

<TABLE>
<CAPTION>

                                          QUIXIT, INC.
                                      Stockholders' Equity
                                          June 30, 2002
                                           (Unaudited)


                                                                                              Deficit
                                             COMMON STOCKS              Additional            Accum. During        Total
                                                                          Paid-In             Development         Stockholders'
                                      # of Shares        Amount           Capital              Stage               Equity
                                      -----------        ------         ----------            -------------       -------------
<S>                                     <C>              <C>              <C>                  <C>                <C>
December 31, 1997                           1,000             $10          $ 54,587                   $ -         $   54,588
                                      ------------     -----------      ------------      ----------------      -------------
Net Loss for Period                             -               -                 -               (16,771)           (16,771)
                                      ------------     -----------      ------------      ----------------      -------------
Balance - December 31, 1997                 1,000              10            54,587               (16,771)            37,817
                                      ------------     -----------      ------------      ----------------      -------------
Issuance of stock for cash              4,999,800          49,999            31,215                     -             81,205
                                      ------------     -----------      ------------      ----------------      -------------
Net Loss for Year                               -               -                 -               (49,399)           (49,399)
                                      ------------     -----------      ------------      ----------------      -------------
Balance -  December 31, 1998            5,000,000          50,000            85,793               (66,170)            69,623
                                      ------------     -----------      ------------      ----------------      -------------
Net Loss for Year                               -               -                 -               (69,623)           (69,623)
                                      ------------     -----------      ------------      ----------------      -------------
Balance -  December 31, 1999            5,000,000          50,000            85,793              (135,793)                 -
                                      ------------     -----------      ------------      ----------------      -------------
Net Loss for Year                               -               -                 -                (2,500)            (2,500)
                                      ------------     -----------      ------------      ----------------      -------------
Balance -  December 31, 2000            5,000,000          50,000            85,793              (138,293)            (2,500)
                                      ------------     -----------      ------------      ----------------      -------------
Net Loss for Period                             -               -                 -                     -                  -
                                      ------------     -----------      ------------      ----------------      -------------
Balance -  June 30, 2001                5,000,000        $ 50,000        $   85,293            $ (138,293)           $(2,500)
                                      ------------     -----------      ------------      ----------------      -------------
Net Loss for Period                             -               -                 -                     -                  -
                                      ------------     -----------      ------------      ----------------      -------------
Balance -  June 30, 2002                 5,000,000       $ 50,000          $ 85,793            $ (138,293)          $ (2,500)
                                      ============     ===========      ============      ================      =============
</TABLE>

* Adjusted for change in par value to $.0001 per share.

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

                                      F-3

<PAGE>

<TABLE>
<CAPTION>
<S>                                                                            <C>                        <C>


                                  QUIXIT, INC.
                            Statements of Cash Flow
                                  (Unaudited)


                                Indirect Method


                                                                                       Six-Months Ended
                                                                                           June 30,
                                                                               2002                        2001
                                                                               --------------------------------


Cash Flows from Operating Activities:

     Net Loss                                                                  $ -                        $ -
                                                                               -----                      -----
     Adjustments to reconcile net loss to net cash used
        by operating activities

Net Cash Used by Operating Activities                                            -                          -
                                                                               -----                      -----
Cash Flows from Financing Activities:
     Proceeds from stock issuance                                                -                          -
                                                                               -----                      -----
Net Cash Used for Financing Activities                                           -                          -
                                                                               -----                      -----
Net Increase in Cash & Cash Equivalents                                          -                          -
                                                                               -----                      -----
Beginning Cash & Cash Equivalents                                                -                          -
                                                                               -----                      -----
Ending Cash & Cash Equivalents                                                 $ -                        $ -
                                                                               =====                      =====

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
     Cash paid for Interest                                                    $ -                        $ -
                                                                               =====                      =====
     Cash paid for Income Taxes
                                                                               $ -                          -
                                                                               =====                      =====
</TABLE>


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

                                      F-4


<PAGE>


                                  QUIXIT, INC.
                          Notes to Financial Statements
                                  June 30, 2002




Note 1 - Presentation of Interim Information:

In the opinion of the management of Quixit, Inc., the accompanying unaudited
financial statements include all normal adjustments considered necessary to
present fairly the financial position as of June 30, 2002 and the results of
operations and cash flows for the six-months ended June 30, 2002 and 2001.
Interim results are not necessarily indicative of results for a full year.

The financial statements and notes are presented as permitted by Form 10-QSB,
and do not contain certain information included in the Company's audited
financial statements and notes for the fiscal year ended December 31, 2001.

Note 2 - Going Concern:

The Company's financial statements have been presented on the basis that it is a
going concern, which contemplated the realization of assets and the satisfaction
of liabilities in the normal course of business.

The Company has not earned any revenue from operations. The Company's ability to
continue as a going concern is dependent upon its ability to develop additional
sources of capital or locate a merger candidate and ultimately, achieve
profitable operations. The accompanying financial statements do not include any
adjustments that might result from the outcome of these uncertainties.
Management is seeking new capital to revitalize the Company.


                                      F-5

<PAGE>


Item 2.  Management's Discussion and Analysis of Financial Condition and Results
- ------------------------------------------------------------------------------
of Operations
- -------------

Results of Operations
- ---------------------

         The Company had no revenue or operations for the period. There can be
no assurance that the Company will be able to complete a merger with an
operating company. Due to the lack of a specified business opportunity, the
Company is unable to predict the period for which it can conduct operations.

Comparison  of  Operating  Results for the Three  Months Ended June 30, 2002 and
- -----------------------------------------------------------------------------
June 30, 2001
- -------------

     The Company had no  revenues  for the quarter in 2002 or 2001.  The Company
incurred no expenses in the quarter in 2002 or 2001 and had no profit/loss per
share in the period in either quarter.

Comparison of Operating Results for the Six Months Ended June 30, 2002 and
- --------------------------------------------------------------------------
June 30, 2001
- -------------

         The Company had no revenues for the six months ended June 30, 2002 and
June 30, 2001.

         The net operating profit/loss in the quarter in 2002 was none as
compared to none in 2001. The net profit per share for the quarter was $0 in
2002 and 2001.


Liquidity and Capital Resources
- -------------------------------

         At June, 2002, the Company had no cash or other assets with which
to conduct operations. The lack of liquidity or liquid assets raises substantial
doubt about the Company's ability to continue as a going concern unless it is
able to generate sufficient cash flows to meet its obligations and sustain
operations. To meet required current operating expenses the Company is totally
dependent upon its principal shareholder to advance funds until the Company has
acquired another entity that has sufficient resources to fund the Company's
operations.

         Once the Company has identified an appropriate business combination,
lack of existing capital may be a sufficient impediment to prevent its
consummation. And if a business combination is completed, the Company's needs
for additional financing is likely to increase substantially.



<PAGE>


                           PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.
- --------------------------

         The Company is not a party to any pending legal proceedings, and no
such proceedings are known to be contemplated.

Item 2.  Change in Securities.
- -----------------------------

     On June 25, 2001, the Board of Quixit declared a dividend to  shareholders,
pro rata, of common shares in a ratio of four common shares for each share owned
by shareholders.

     At a Special Meeting of Shareholders of the Corporation effective March 12,
2001, the Board has amended the Articles of Incorporation as follows:

1.  The authorized common stock of the corporation is now 5,000,000 shares @
    $.01 par value per share.

2.  The Articles are amended to include the following:

         Whenever the laws of the State of Colorado require the vote or
concurrence of the holders of two-thirds of the outstanding share entitled to
vote thereon, with respect to any action to be taken by the shareholder of the
Corporation, such action may be taken by vote or concurrence of the holders of
at least a majority of the shares entitled to vote. These Articles of
Incorporation may be amended by the affirmative vote of the holders of at least
a majority of the shares entitled to vote thereon at a meeting duly called for
that purpose, or, when authorized, when such action is ratified by the written
consent of all the shareholders entitled to vote thereon.


Item 3.  Defaults Upon Senior Securities.
- ----------------------------------------

         (Not applicable)

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

         (Not applicable)

Item 5.  Other Information.
- --------------------------

         (Not applicable)

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

(a)      Exhibits

         No exhibits as set forth in Regulation SB, are considered necessary for
this filing.

(b)      Reports on Form 8-K

         8-K filed October 23, 2001






<PAGE>


                                   SIGNATURES

         In accordance with the requirements of the Securities and Exchange Act
of 1934, as amended, the registrant caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.


                                                  QUIXIT, INC.


                                                  By: /s/ H. Daniel Boone
Date:  August 13, 2001                               ------------------------
                                                      H. Daniel Boone, President