U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

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

     For the quarterly period ended March 31, 2002

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

     For the transition period from     to

                          Commission File No. 000-29123

                          EDLAM ACQUISITION CORPORATION
        (Exact name of small business issuer as specified in its charter)

                 Nevada                                87-0644409
    (State or other jurisdiction of         (IRS Employer Identification No.)
     incorporation or organization)

                       613 Chase Drive, Tyler, Texas 75771
                    (Address of principal executive offices)

                                 (903) 509-0372
                           (Issuer's telephone number)

                                 Not Applicable
      (Former name, address and fiscal year, if changed since last report)

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the Exchange  Act during the  preceding 12 months (or for
such shorter period that the issuer was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days. Yes [x] No []

APPLICABLE ONLY TO CORPORATE ISSUERS:

State the number of shares outstanding of each of the issuer's classes of common
equity.  As of March 31,  2002,  there  were  161,000  shares  of  common  stock
outstanding.

Transitional Small Business Format:  Yes [  ]  No [X]


<PAGE>


                                   FORM 10-QSB
                          EDLAM ACQUISITION CORPORATION

                                      INDEX
                                                                            Page
PART I.   Item 1.  Financial Information                                       3

          Unaudited Condensed Balance Sheets - March 31, 2002                  3
          and December 31, 2001

          Unaudited Condensed Statements of Operations for the Three           4
          Months Ended March 31, 2002 and 2001 and for the Period From
          Inception on December 23, 1999 through March 31, 2002

          Unaudited Condensed Statements Of Comprehensive Income (Loss)        5
          for the Three Months Ended March 31, 2002 and 2001, and for the
          Period From Inception on December 23, 1999 through March 31, 2002

          Unaudited Condensed Statements of Cash Flows for the Nine Months     6
          Ended March 31, 2002 and 2001 and for the Period From Inception on
          December 23, 1999 through March 31, 2002

          Notes to Consolidated Financial Statements                           8

          Item 2.  Management's Discussion and Analysis                       15

PART II.  Other Information                                                   16

          Item 6.  Exhibits and Reports on Form 8-K                           16

          Signatures                                                          16




                                       2
<PAGE>


                          PART I. FINANCIAL INFORMATION
                          Item 1. Financial Statements

                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                       UNAUDITED CONDENSED BALANCE SHEETS

                                     ASSETS

                                                  March 31,       December 31,
                                                    2002              2001
                                                 -----------       -----------
CURRENT ASSETS:
   Cash in bank                                 $         14      $          -
   Marketable securities                               8,940                 -
   Receivable - related party                          5,357             5,357
                                                 -----------       -----------
          Total Current Assets                  $     14,311      $      5,357
                                                 -----------       -----------

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
   Bank overdraft                               $          -      $        190
   Accounts payable                                    7,919             7,195
   Advances - related party                           19,049               750
   Accrued liabilities                               369,574           133,610
   Notes payable - related party                       5,000             5,000
                                                 -----------       -----------
          Total Current Liabilities                  401,542           146,745
                                                 -----------       -----------
STOCKHOLDERS' EQUITY (DEFICIT):
   Preferred stock, $.001 par value, 10,000,000
     shares authorized, no shares issued and outstanding   -                 -
   Common stock, $.001 par value, 50,000,000
     shares authorized,161,000 and 161,000
     shares issued and outstanding                       161               161
   Capital in excess of par value                    103,990           103,990
   Unrealized holding (loss)                          (5,960)                -
   Accumulated deficit                              (485,422)         (245,539)
                                                 -----------       -----------
          Total Stockholders' Equity (Deficit)      (387,231)         (141,388)
                                                 -----------       -----------
                                                $     14,311      $      5,357
                                                 -----------       -----------







     Note: The balance sheet at December 31, 2001 was taken from the audited
                financial statements at that date and condensed.

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

                                       3
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                  UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                                                For the Three    From Inception
                                                Months Ended     on December 23,
                                                  March 31,       1999 through
                                             -------------------    March 31,
                                               2002       2001        2002,
                                             --------   --------    --------

REVENUE                                     $       -  $       -   $       -

EXPENSES:
   General and administrative                 239,819    110,707     485,170
                                             --------   --------    --------

LOSS FROM OPERATIONS                         (239,819)  (110,707)   (485,170)
                                             --------   --------    --------
OTHER INCOME (EXPENSE)
   Interest income                                  1          -           1
   Interest expense                               (65)         -        (253)
                                             --------   --------    --------

       Total Other Income (Expense)               (64)         -        (252)
                                             --------   --------    --------
LOSS BEFORE INCOME TAXES                     (239,883)  (110,707)   (485,422)

CURRENT TAX EXPENSE                                 -          -           -

DEFERRED TAX EXPENSE                                -          -           -
                                             --------   --------    --------

NET LOSS                                    $(239,883) $(110,707)  $(485,422)
                                             ========   ========    ========

LOSS PER COMMON SHARE                       $   (1.49) $    (.88)  $   (6.24)
                                             ========   ========    ========




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

                                       4
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

          UNAUDITED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

                                                For the Three    From Inception
                                                Months Ended     on December 23,
                                                  March 31,       1999 through
                                             -------------------   March 31,
                                               2002       2001        2002,
                                             --------   --------   ---------

NET (LOSS)                                 $(239,883)  $(110,707) $ (485,422)

OTHER COMPREHENSIVE INCOME (LOSS):

   Unrealized holding (loss)
     marketable securities                    (5,960)          -      (5,960)

   Plus: reclassification adjustment for
     losses included in net income                 -           -           -
                                             --------   --------   ---------
COMPREHENSIVE INCOME (LOSS)                $(245,843)  $(110,707) $ (491,382)
                                             ========   ========   =========











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

                                       5
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                  UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                         NET INCREASE (DECREASE) IN CASH
<TABLE>
<S>                                                 <C>          <C>        <C>
                                                         For the Three      From Inception
                                                         Months Ended       on December 23,
                                                           March 31,         1999 through
                                                    -----------------------     March 31,
                                                       2002         2001        2002
                                                    ----------   ----------  ----------

Cash Flows Provided by Operating Activities:
  Net loss                                          $(239,883)   $(110,707)  $(485,422)
  Adjustments to reconcile net loss to
    net cash used by operating activities:
   Allowance for uncollectible receivable                   -            -       9,527
   Non-cash expense                                         -       67,000      67,000
   Changes is assets and liabilities:
      (Increase) in related party receivable                -            -      (5,357)
      Increase in accounts payable                        724            -       7,919
      Increase in accrued liabilities                 235,964       32,882     369,574
      Increase in accounts payable - related party      3,399            -       4,149
                                                    ----------   ----------  ----------
   Net Cash (Used) by Operating Activities                204      (10,825)    (32,610)
                                                    ----------   ----------  ----------
Cash Flows Provided by Investing Activities:

  Advances to former subsidiary                             -            -      (9,527)
  Investment in marketable securities                 (14,900)           -     (14,900)
                                                    ----------   ----------  ----------
   Net Cash Provided by Investing Activities          (14,900)           -     (24,427)
                                                    ----------   ----------  ----------
Cash Flows Provided by Financing Activities:

  Increase in bank overdraft                             (190)           -           -
  Proceeds from advances - related party               14,900            -      14,900
  Proceeds from note payable - related party                             -       5,000
  Proceeds from issuance of common stock                    -       80,151      82,151
  Repurchase of common stock                                -      (45,000)    (45,000)
                                                    ----------   ----------  ----------
   Net Cash Provided by Financing Activities           14,710       35,151      57,051
                                                    ----------   ----------  ----------
Net Increase (Decrease) in Cash                            14       24,326          14

Cash at Beginning of Period                                 -           80           -
                                                    ----------   ----------  ----------
Cash at End of Period                               $      14    $  24,406   $      14
                                                    ==========   ==========  ==========
</TABLE>


                                   [Continued]

                                       6
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                  UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                                   [Continued]

                                              For the Three      From Inception
                                              Months Ended       on December 23,
                                                March 31,         1999 through
                                           --------------------     March 31,
                                            2002        2001          2002
                                           --------    --------     --------

Supplemental Disclosures of Cash Flow
 Information:

  Cash paid during the period for:
    Interest                               $      -    $     -      $      -
    Income taxes                           $      -    $     -      $      -

Supplemental Schedule of Noncash Investing and Financing Activities:

   For the period ended March 31, 2002:
     The Company recorded an unrealized loss of $5,960 on marketable  securities
     held for sale.

   For the period ended March 31, 2001:
     In January  2001,  the Company  issued  26,000  shares of common  stock for
     non-cash services valued at $52,000, or $2.00 per share.

     In January 2001, the Company  granted  options to purchase 15,000 shares of
     common  stock at $1.00 per share.  The  beneficial  feature of $15,000  was
     expensed and an increase to additional paid in capital recorded.




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

                                       7
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Organization - Edlam Acquisition  Corporation ("the Company") was organized
     under the laws of the State of Nevada on December 23, 1999. The Company has
     not commenced planned principal  operations and is considered a development
     stage  company as defined in SFAS No. 7. The  Company is seeking  potential
     business  ventures.  The Company  has, at the  present  time,  not paid any
     dividends and any dividends that may be paid in the future will depend upon
     the financial requirements of the Company and other relevant factors.

     During Janurary 2001, Triden Telecom,  Inc.,  acquired an approximately 68%
     interest in the Company wherein the Company effectively became a subsidiary
     of Triden through the acquisition of 110,000 shares of the Company's common
     stock.

     On January 18, 2001, the Company acquired all of the issued and outstanding
     shares  of  Digitec  Information  Systems,  Inc.  ("Subsidiary")  which was
     organized  under the laws of the State of Texas on March 26, 1990.  On July
     13,  2001 and  reflected  in the  accompanying  financial  statements,  the
     Company and Subsidiary rescinded the merger. [See Note 2]

     Loss Per Share - The computation of loss per share is based on the weighted
     average  number  of shares  outstanding  during  the  period  presented  in
     accordance  with  Statement  of  Financial  Accounting  Standards  No. 128,
     "Earnings Per Share". [See Note 10]

     Income Taxes - The Company  accounts for income  taxes in  accordance  with
     FASB Statement No. 109, "Accounting for Income Taxes [See Note 7]

     Cash and Cash Equivalents - For purposes of the financial  statements,  the
     Company  considers  all highly  liquid debt  investments  purchased  with a
     maturity of three months or less to be cash equivalents.

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

     Recently Enacted Accounting  Standards - Statement of Financial  Accounting
     Standards  ("SFAS")  No.  141,  "Business  Combinations",   SFAS  No.  142,
     "Goodwill and Other Intangible Assets", SFAS No. 143, "Accounting for Asset
     Retirement  Obligations",  and SFAS No. 144, "Accounting for the Impairment
     or Disposal of Long-Lived Assets", were recently issued. SFAS No. 141, 142,
     143 and 144 have no current applicability to the Company or their effect on
     the financial statements would not have been significant.

     Marketable  Securities - Investments in  available-for-sale  securities are
     carried at fair value. Unrealized gains and losses, net of the deferred tax
     effects,  are  included  as a  separate  element of  stockholders'  equity.
     Realized gains and losses are based on the  difference  between sales price
     and actual cost of the securities and are included in earnings.

     Restated  financial  statements - reverse stock split -In October 2001, the
     Company  effected  a  1-for-100   reverse  stock  split.   These  financial
     statements  have been  restated to reflect this stock split for all periods
     presented.

                                       8
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

     Restated  financial  statements  - rescinded  merger- For the three  months
     ended March 31, 2001,  the Company  reported on a consolidated  basis.  The
     Company  rescinded  the merger  agreement  with  Digitec In July 2001.  The
     Company has restated its  statements of operations  and  statements of cash
     flows for the three months ended March 31, 2001 to reflect the rescission.

     Comprehensive  Income - The Company has adopted the  provisions of SFAS No.
     130, "Reporting Comprehensive Income."

     Change in control - In January 2001,  the Company  issued 110,000 shares of
     common stock for cash. This represented a change in control of the Company.
     The former  officers/directors  resigned  and new  officers/directors  were
     elected.

     Stock  Based  Compensation  - The  Company  accounts  for its  stock  based
     compensation in accordance with Statement of Financial  Accounting Standard
     No.  123  "Accounting  for   Stock-Based   Compensation."   This  statement
     establishes  an  accounting  method  based  on the  fair  value  of  equity
     instruments  awarded to employees as compensation.  However,  companies are
     permitted  to  continue  applying  previous  accounting  standards  in  the
     determination  of net income with  disclosure in the notes to the financial
     statements of the differences between previous accounting  measurements and
     those  formulated by the new accounting  standard.  The Company has adopted
     the  disclosure  only  provisions  of SFAS No. 123,  and  accordingly,  the
     Company has  elected to  determine  net income  using  previous  accounting
     standards.  Equity  instruments issued to non-employees are valued based on
     the fair  value of the  services  received  or the fair value of the equity
     instruments given up which ever is more reliably measurable.

     Condensed Financial Statements - The accompanying financial statements have
     been prepared by the Company  without audit.  In the opinion of management,
     all adjustments (which include only normal recurring adjustments) necessary
     to present  fairly the financial  position,  results of operations and cash
     flows at March 31, 2002 and 2001 and for the  periods  then ended have been
     made.

     Certain information and footnote disclosures normally included in financial
     statements  prepared  in  accordance  with  generally  accepted  accounting
     principles in the United States of America have been  condensed or omitted.
     It is  suggested  that  these  condensed  financial  statements  be read in
     conjunction with the financial statements and notes thereto included in the
     Company's  December 31, 2001 audited financial  statements.  The results of
     operations  for  the  periods  ended  March  31,  2002  and  2001  are  not
     necessarily indicative of the operating results for the full year.

NOTE 2 - ACQUISITION / RESCISSION

     On January 18, 2001 the Company entered into a Stock Exchange agreement and
     acquired all of the outstanding shares of Digitec Information Systems, Inc.
     (Digitec),  in a business combination accounted for as a purchase,  through
     the issuance of 17,500 common shares of the Company.  During July 2001, and
     reflected  in  these  financial  statements,  the  Company  entered  into a
     rescission  agreement  wherein the Company  received back and cancelled the
     17,500  common  shares  issued in the  acquisition.  During  May 2001,  the
     Company  advanced  Digitec  $9,527 for  operations.  At March 31, 2002, the
     Company  had not  received  repayment  of the advance  and  established  an
     allowance of $9,527 for uncollectible receivables. [See Note 3]

                                       9
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 3 - NOTES RECEIVABLE - RELATED PARTY

     The Company had made  advances  related to an  acquisition  which was later
     rescinded [See Note 2]. At March 31, 2002, a balance of $9,527 was due. The
     Company has  established  an allowance  for  uncollectible  receivables  of
     $9,527 at March 31, 2002.

     During the year ended  December 31,  2001,  the Company had paid $5,357 for
     the personal  expenses of an officer of the Company.  The officer  signed a
     note and agreed to repay the Company. The terms of the note include monthly
     payments of $461 beginning in June 2002 with interest of six percent on the
     outstanding balance.

NOTE 4 - ACCRUED LIABILITIES

     Accrued liabilities consist of the following at:

                                                  March 31,       December 31,
                                                    2002              2001
                                                 -----------       -----------
          Accrued payroll                       $    355,928      $    119,179
          Accrued payroll taxes                       13,400            14,243
          Accrued Interest                               246               188
                                                 -----------       -----------
          Accrued liabilities                   $    369,574      $    133,610
                                                 -----------       -----------

     In January 2001, the Company entered into employment agreements with two of
     its officers.  One  agreement  stated that the officer is to receive a base
     salary of $100,000 per annum with a ten percent increase each January.  The
     officer is to receive a one-time bonus of $200,000 on January 18, 2002. The
     officer is also to receive a 3% stock bonus.  The second  agreement  stated
     the officer is to receive a base  salary of $25,000 per annum.  The accrued
     payroll and payroll  taxes relate to the unpaid  compensation  according to
     the employment agreements.

NOTE 5 - STOCKHOLDERS EQUITY

     Preferred Stock - The Company has authorized  10,000,000 share of preferred
     stock, $.001 par value, with such rights,  preferences and designations and
     to be issued in such series as  determined  by the Board of  Directors.  No
     shares are issued and outstanding at March 31, 2002.

     Common  Stock - The  Company  has  authorized  50,000,000  shares of common
     stock,  $.001 par value. At March 31, 2002,  161,000 shares of common stock
     were issued and outstanding.

     During January 2001, Triden Telecom,  Inc., purchased 110,000 shares of the
     Company's  common  stock for  $55,151,  or $.50 per share.  As a negotiated
     element  of  the  stock  sale  the  Company   agreed  to  redeem  from  its
     pre-exsisting  stockholders,  on a pro  rata  basis,  5,000  shares  of the
     Company's common stock at a total redemption price of $45,000, or $9.00 per
     share.  The sale resulted in a change in control of the Company wherein the
     Company  became a majority  owned  subsidiary of Triden  Telecom,  Inc. The
     former officers of the Company resigned and new officers were appointed.

                                       10
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 5 - STOCKHOLDERS EQUITY [Continued]

     On January 18, 2001 the Company entered into a Stock Exchange agreement and
     acquired all of the outstanding shares of Digitec Information Systems, Inc.
     (Digitec),  in a business  combination  accounted for as a purchase through
     the issuance of 17,500 common shares of the Company.  During July 2001, and
     reflected  in these  financial  statements,  the  Companies  entered into a
     rescission  agreement  wherein the Company  received back and cancelled the
     17,500 common shares issued in the acquisition. [See Note 2].

     During  January  2001,  the Company  sold 25,000  shares of common stock to
     investors for $25,000, or $1.00 per share.

     During  January  2001,  the Company  issued  26,000  shares of common stock
     valued at  $52,000,  or $2.00 per  share,  in  connection  with  employment
     agreements [See Note 8].

     During  December  1999, in connection  with its  organization,  the Company
     issued  5,000 shares of its  previously  authorized,  but  unissued  common
     stock. The shares were issued for cash of $2,000, or $.40 per share.

     Stock  Options  -  During  January  2001,  in  accordance  with  Accounting
     Principles   Board  Opinion  No.  25,  the  Company   recorded  $15,000  in
     compensation  expense for options to purchase 15,000 (post-split) shares of
     common  stock at $1.00 per  share,  issued in  connection  with  employment
     agreements [See Note 8]. The options vested immediately and are exercisable
     through January 5, 2006. The options may only be exercised in lots of 1,000
     or more.

     A summary of the status of the options  granted under the stock option plan
     and other agreements at March 31, 2002, and changes during the three months
     then ended are presented in the table below:
                                                                Weighted Average
                                                        Shares   Exercise Price
                                                    ------------ ------------
            Outstanding at beginning of period            15,000  $      1.00
            Granted                                            -            -
            Exercised                                          -            -
            Forfeited                                          -            -
            Expired                                            -            -
                                                    ------------ ------------
            Outstanding at end of period                  15,000  $      1.00
                                                    ------------ ------------
            Exercisable at end of period                  15,000  $      1.00
                                                    ------------ ------------
            Weighted average fair value
             of options granted                                -  $         -
                                                    ------------ ------------

     The fair value of each  option  granted is  estimated  on the date  granted
     using  the   Black-Scholes   option  pricing  model,   with  the  following
     weighted-average assumptions used for grants during the year ended December
     31, 2001: risk-free interest rate of 4.8%, expected dividend yield of zero,
     expected life of five years, and expected volatility of zero%.

                                       11
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 5 - STOCKHOLDERS EQUITY [Continued]
<TABLE>
<S>             <C>         <C>              <C>              <C>         <C>
                             Options Outstanding                   Options Exercisable
                --------------------------------------------- ----------------------------
                            Weighted-Average Weighted-Average             Weighted-Average
   Range of        Number      Remaining         Exercise       Number        Exercise
Exercise Prices Outstanding Contractual Life       Price      Exercisable       Price
--------------- ----------- ---------------- ---------------- ----------- ----------------
$          1.00      15,000       4.00 years $           1.00      15,000 $           1.00
</TABLE>

     Stock Options - During the period presented in the  accompanying  financial
     statements,  the Company has granted options under  employment  agreements.
     The Company has adopted the  disclosure-only  provisions  of  Statement  of
     Financial   Accounting  Standards  No.  123.  "Accounting  for  Stock-Based
     Compensation."  Accordingly,  only the  beneficial  price of the option has
     been expensed.

NOTE 6 - RELATED PARTY TRANSACTIONS

     Notes  receivable - During the year ended  December  31, 2001,  the Company
     paid $5,357 of personal expenses of an officer. The officer agreed to repay
     the Company with interest beginning in June 2002. [See Note 3]

     Note Payable - During  September  2001,  the Company  borrowed  $5,000 from
     their Parent company,  Triden Telecom, Inc. The note accrues interest at 6%
     per annum and is due  September  1,  2002.  As of March 31,  2002,  accrued
     interest amounted to $188.

     Line of Credit - The Board of Directors  of the Company  have  approved the
     extension   of  a  line  of  credit  in  the  amount  up  to   $150,000  to
     officers/directors of the Company. As of March 31, 2002, no borrowings have
     been extended.

     Advances from related party - During the three months ended March 31, 2002,
     the Company  received $14,900 in advances from a related party. The advance
     is non-interest bearing and is due upon demand.

NOTE 7 - INCOME TAXES

     The Company  accounts  for income  taxes in  accordance  with  Statement of
     Financial Accounting Standards No. 109, "Accounting for Income Taxes". SFAS
     No.  109  requires  the  Company  to  provide a net  deferred  tax asset or
     liability  equal to the expected future tax benefit or expense of temporary
     reporting  differences  between book and tax  accounting  and any available
     operating  loss or tax credit  carryforwards.  The Company has available at
     March 31, 2002 and March 31,  2001,  respectively,  unused  operating  loss
     carryforwards of  approximately  $485,000 and $181,000 which may be applied
     against  future  taxable  income and which expire in various  years through
     2022.

                                       12
<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 7 - INCOME TAXES [Continued]

     The amount of and ultimate  realization  of the benefits  from the deferred
     tax assets for income tax purposes is dependent, in part, upon the tax laws
     then in effect, the Company's future earnings, and other future events, the
     effects of which cannot presently be determined. Because of the uncertainty
     surrounding  the  realization  of the deferred tax assets,  the Company has
     established  a valuation  allowance of $97,000 and $186,802 as of March 31,
     2002 and 2001,  which has been offset against the deferred tax assets.  The
     net increase in the valuation allowance during the three months ended March
     31,  2002  and  2001  amounted  to  approximately   $48,000  and  $186,802,
     respectively.

NOTE 8 - COMMITMENTS AND CONTINGENCIES

     Employment  agreement - During  January,  2001, the Company  entered into a
     five year  employment  agreement with its newly  appointed  President.  The
     agreement  provides for salaries  totaling $100,000 per year increasing 10%
     per year on the amount  received in salary the  previous  year,  a one time
     payment of $200,000 on the first anniversary of the date of this agreement,
     the  issuance of 17,500  shares of common  stock valued at $2.00 per share,
     the granting of options to purchase  10,000 shares of common stock at $1.00
     per share (restated for stock split - the original  pre-split  amounts were
     1,000,000  shares at $.01) and a 3% stock bonus as may be  determined  from
     time to time by the Board of Directors of the Company,  taking into account
     the performance of the Company in relation to the annual business plan. The
     agreement  also  contains a  termination  with cause  provision  that would
     entitle the President to receive one half of the remaining  salaries  under
     the agreement if terminated with cause.  The President cannot be terminated
     without cause during the term of the agreement.  The  employment  agreement
     also provides for disability and death benefits.

     During  January  2001,  the Company  entered  into a  five-year  employment
     agreement with its newly appointed Chief Financial  Officer.  The agreement
     provides  for  salaries  totaling  $25,000 per year,  the issuance of 8,500
     shares of common stock  valued at $2.00 per share,  the granting of options
     to purchase  5,000 shares of common stock at $1.00 per share  (restated for
     stock split - the original  pre-split amounts were 500,000 shares at $.01).
     The  agreement  also contains a termination  without cause  provision  that
     would  entitle  the Chief  Financial  Officer  to  receive  one half of the
     remaining  salaries under the agreement if terminated  without  cause.  The
     employment agreement also provides for disability and death benefits.

NOTE 9 - GOING CONCERN

     The accompanying financial statements have been prepared in conformity with
     generally accepted accounting principles, which contemplate continuation of
     the Company as a going concern.  However,  the Company has incurred  losses
     since its  inception,  has current  liabilities in excess of current assets
     and has not yet been  successful  in  establishing  profitable  operations.
     These factors raise  substantial  doubt about the ability of the Company to
     continue as a going  concern.  In this regard,  management  is proposing to
     raise any necessary  additional  funds not provided by  operations  through
     additional  sales  of its  common  stock.  There is no  assurance  that the
     Company will be successful in raising this additional  capital or achieving
     profitable  operations.   The  financial  statements  do  not  include  any
     adjustments that might result from the outcome of these uncertainties.

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<PAGE>


                          EDLAM ACQUISITION CORPORATION
                          [A Development Stage Company]

                UNAUDITED CONDENSED NOTES TO FINANCIAL STATEMENTS

NOTE 10 - LOSS PER SHARE

     The  following  data show the amounts used in computing  loss per share for
     the periods presented:
                                                For the Three    From Inception
                                                Months Ended     on December 23,
                                                  March 31,       1999 through
                                             -------------------    March 31,
                                               2002       2001        2002
                                             --------   --------    --------

      Loss from continuing operations
      available to common shareholders
      (numerator)                           $(239,883) $(110,707)  $(485,422)
                                             ===============================
      Weighted average number of
      common shares outstanding used
      in loss per share for the period
      (denominator)                           161,000    125,633      77,743
                                             ===============================

     Dilutive  earnings  (loss)  per share was not  presented,  as its effect is
     anti-dilutive.

     At March 31, 2002 and 2001, the Company had options outstanding to purchase
     15,000  shares of common  stock at $1.00 per share [See Note 5], which were
     not included in the loss per share  computation  because their effect would
     be anti-dilutive.



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<PAGE>


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

Results of Operations - Three Months Ended March 31, 2002

     Edlam generated no revenue from  operations for  three-month  periods ended
March 31, 2002 and 2001. General and  administrative  expenses were $239,819 for
the three months ended March 31, 2002 and $110,707 for the comparable  period in
2001. The substantial increase in such expenses is attributable  primarily to an
increase of $236,749 in executive  compensation  accrued in the first quarter of
2002,  which  remained  unpaid at March 31,  2002,  so that the total  amount of
accrued payroll due executive officers at March 31, 2002, was $355,928.

     Due to the  foregoing,  Edlam  realized a net loss of $239,883 in the first
quarter of 2002, compared to a net loss of $110,707 for the comparable period in
2001. Edlam does not expect to generate any revenue unless and until it acquires
an interest in an operating company.

Liquidity and Capital Resources

     At March 31,  2002,  Edlam had  $14,311 in current  assets and  $401,542 in
current  liabilities  giving it a  working  capital  deficit  of  $387,231.  The
receivable  from related party arose from advances of personal  expenses made by
Edlam for the benefit of Robert S.  Hardy,  an officer  and  director,  which is
represented  by a note  bearing  interest at six  percent  per annum  payable in
monthly  installments of $461  commencing in June 2002. Our current  liabilities
include a note payable to Triden Telecom,  Inc., our parent corporation,  in the
amount of $5,000  bearing  interest at six  percent  per annum due in  September
2002, and advances by Triden Telecom  totaling  $19,049,  which are non-interest
bearing. We also have accrued payroll to our executive officers in the amount of
$355,928.  In 2001 the board of directors  also approved a line of credit in the
amount of $150,000 to officers and  directors  of Edlam,  but no funds have been
advanced under this line of credit.

     Edlam does not have sufficient  cash to meet its operational  needs for the
next twelve months.  Management will attempt to raise additional capital through
advances from related parties, debt financing, equity financing or a combination
of financing options.  Currently,  there are no  understandings,  commitments or
agreements  for such an infusion of capital and there be no  assurances  to that
effect. Unless Edlam can obtain additional financing, its ability to continue as
a going concern is doubtful. Our need for capital may change dramatically if and
during that period, it acquires an interest in a business opportunity.

     Edlam's  current  operating  plan  is  to  handle  the  administrative  and
reporting requirements of a public company, and search for potential businesses,
products,  technologies and companies for acquisition.  At present, Edlam has no
understandings, commitments or agreements with respect to the acquisition of any
business  venture,  and there can be no  assurance  that Edlam  will  identify a
business venture suitable for acquisition in the future.  Further,  there can be
no assurance that Edlam would be successful in  consummating  any acquisition on
favorable  terms  or that it will be  able to  profitably  manage  any  business
venture it acquires.

Forward-Looking Statements

     This  Form  10-QSB  includes,   without   limitation,   certain  statements
containing the words  "believes",  "anticipates",  "estimates",  "intends",  and
words of a similar nature,  constitute  "forward-looking  statements" within the

                                       15
<PAGE>

meaning  of the  Private  Securities  Litigation  Reform  Act of 1995.  This Act
provides a "safe harbor" for  forward-looking  statements to encourage companies
to provide  prospective  information  about  themselves so long as they identify
these  statements  as  forward  looking  and  provide   meaningful,   cautionary
statements  identifying  important  factors that could cause  actual  results to
differ from the  projected  results.  All  statements  other than  statements of
historical fact made in this Form 10-QSB are forward-looking. In particular, the
statements herein regarding  industry prospects and future results of operations
or financial position are forward-looking statements. Forward-looking statements
reflect management's current expectations and are inherently uncertain.  Edlam's
actual results may differ significantly from management's expectations.

                           PART II. OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K

Reports on Form 8-K.  None

Exhibits.  None

                                   SIGNATURES

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

                                       EDLAM ACQUISITION CORPORATION


Date: July 11, 2002                    By: /s/ Robert S. Hardy
                                           President and Chief Executive Officer


Date: July 11, 2002                    By: /s/ Holly V. Grant
                                           Chief Financial Officer



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