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


                                   FORM 10-QSB

(Mark One)

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

       For the quarterly period ended        June 30, 2003
                                             -------------

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

       For the transition period from ______________ to ______________

                         Commission File Number: 0-29247

                           GLOBAL TELEDATA CORPORATION
        -----------------------------------------------------------------
        (Exact name of Small Business Issuer as specified in its Charter)

            NEVADA                                 65-0693103
-------------------------------         -------------------------------------
(State or other jurisdiction of         (I.R.S.  Employer Identification No.)
incorporation or organization)

         5030 Champion Boulevard, Suite 6-272, Boca Raton, Florida 33491
         ---------------------------------------------------------------
                    (Address of principal executive offices)

                                 (561) 994-0744
                           ---------------------------
                           (Issuer's telephone number)

                                       N/A
              ----------------------------------------------------
              (Former Name, former address and former fiscal year,
                         if changed since last Report.)

         Check mark whether the Issuer (1) has filed all reports required to be
filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 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 ____

                      APPLICABLE ONLY TO CORPORATE ISSUERS

         State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date: 9,975,354 Common Stock as
of July 31, 2003.

<PAGE>

                           GLOBAL TELEDATA CORPORATION

                                      INDEX

PART I.  FINANCIAL INFORMATION
         ---------------------

Item 1.  Financial Statements.

         Unaudited Condensed Balance Sheets as of June 30, 2003 and December
         31, 2002.

         Unaudited Condensed Statements of Operations for the Three Months and
         Six Months Ended June 30, 2003 and 2002, and for the Period from
         Inception (May 15, 1995) to June 30, 2003.

         Unaudited Condensed Statements of Stockholders' Equity (Deficit) for
         the Period from Inception (May 15, 1995) to June 30, 2003.

         Unaudited Condensed Statements of Cash Flows for the Three Months
         Ended June 30, 2003 and 2002, and for the Period from Inception (May
         15, 1995) to June 30, 2003.

         Notes to Financial Statements.

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

Item 3.  Controls and Procedures


PART II. OTHER INFORMATION
         -----------------

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


                                       2
<PAGE>


PART I.  FINANCIAL INFORMATION
         ---------------------

Item 1.  Financial Statements (unaudited)

Basis of Presentation
---------------------

         The accompanying unaudited condensed financial statements of Global
Teledata Corporation (the "Company" or "Global") have been prepared in
accordance with accounting principles generally accepted in the United States of
America for interim financial information and with the instructions to Form
10-QSB and Regulation S-B. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting principles
for complete financial statements. In the opinion of management, all adjustments
considered necessary for a fair presentation (consisting of normal recurring
accruals) have been included. The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of
America requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and the reported amounts
of revenues and expenses during the reporting period. Actual results could
differ from those estimates. Operating results for the six-month period ended
June 30, 2003 are not necessarily indicative of the results that may be expected
for the year ending December 31, 2003. For further information, refer to the
financial statements and footnotes for the year ended December 31, 2002 found in
the Company's Form 10-KSB.

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

                                       3
<PAGE>

                           GLOBAL TELEDATA CORPORATION
                          (A Development Stage Company)
                                 Balance Sheets

<TABLE>
<CAPTION>
                                                                  June 30,    December 31,
                                                                    2003         2002
                                                                -----------   ------------
                                                                (Unaudited)

<S>                                                               <C>           <C>
                                     ASSETS
                                     ------
CURRENT ASSETS

   Cash                                                           $     --      $     --
                                                                  --------      --------
     Total Current Assets                                               --            --
                                                                  --------      --------

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


                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
                 ----------------------------------------------

CURRENT LIABILITIES

   Accounts payable                                               $  1,146      $  3,092
   Accounts payable-related party                                    3,564            --
   Note payable - related party                                      5,436            --
   Accrued interest - related party                                    133            --
                                                                  --------      --------

     Total Liabilities                                              10,279         3,092
                                                                  --------      --------

STOCKHOLDERS' EQUITY (DEFICIT)

   Preferred stock; authorized 10,000,000 preferred shares              --            --
     at $0.001 par value; none issued and outstanding
   Common stock; authorized 15,000,000 common shares
     at $0.001 par value; 9,975,354 shares
     issued and outstanding                                          9,975         9,975
   Additional paid-in capital                                       59,511        59,511
   Deficit accumulated during development stage                    (79,765)      (72,578)
                                                                  --------      --------

     Total Stockholders' Equity (Deficit)                          (10,279)       (3,092)
                                                                  --------      --------

     TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY (DEFICIT)                                            $     --      $     --
                                                                  ========      ========
</TABLE>

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

                                       4
<PAGE>

                           GLOBAL TELEDATA CORPORATION
                          (A Development Stage Company)
                            Statements of Operations
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                          From
                                                                                       Inception on
                                       For the                      For the               May 15,
                                 Three Months Ended             Six Months Ended       1995 through
                                      June 30,                      June 30,             June 30,
                                 2003          2002           2003           2002          2003
                            -----------    -----------    -----------    -----------    -----------
<S>                         <C>            <C>            <C>            <C>            <C>
REVENUES                    $        --    $        --    $        --    $        --    $        --
                            -----------    -----------    -----------    -----------    -----------

EXPENSES                          2,858          1,783          9,871          5,211          82,449
                            -----------    -----------    -----------    -----------    -----------

LOSS FROM
 OPERATIONS                      (2,858)        (1,783)        (9,871)        (5,211)        (82,449)
                            -----------    -----------    -----------    -----------    -----------

OTHER INCOME

 (EXPENSE)

   Interest expense                (133)            --           (133)            --            (133)
   Gain on forgiveness of
    debt                          2,817             --          2,817             --           2,817
                            -----------    -----------    -----------    -----------    -----------

      Total Other Income
       (Expense)                  2,684             --          2,684             --           2,684
                            -----------    -----------    -----------    -----------    -----------

NET LOSS                    $      (174)   $     (1,783)  $     (7,187)  $     (5,211)  $    (79,765)
                            ===========    ============   ============   ============   ============

BASIC LOSS PER SHARE        $     (0.00)   $      (0.00)  $      (0.00)  $      (0.00)
                            ===========    ============   ============   ============

WEIGHTED AVERAGE
 NUMBER OF SHARES
 OUTSTANDING                  9,975,354      9,975,354      9,975,354      9,975,354
                            ===========   =============  =============  =============
</TABLE>

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

                                       5
<PAGE>

                           GLOBAL TELEDATA CORPORATION
                          (A Development Stage Company)
                  Statements of Stockholders' Equity (Deficit)

<TABLE>
<CAPTION>
                                                                                Deficit
                                                                              Accumulated
                                            Common Stock          Additional   During the
                                        -------------------         Paid-in   Development
                                        Shares       Amount         Capital      Stage
                                     ----------    ----------    ----------   ----------

<S>                                   <C>          <C>           <C>          <C>
Balance at inception                         --    $       --    $       --   $       --

Issuance of common stock at
   inception at $0.001 per share      1,975,354         1,975            --           --

Net loss from inception to
   December 31, 1995                         --            --            --       (2,033)
                                     ----------    ----------    ----------   ----------
Balance, December 31, 1995            1,975,354         1,975            --       (2,033)

Common stock issued for
   acquisition of Marine Way, Inc.
   stock at $0.001 per share          8,000,000         8,000            --           --

Expenses paid by shareholder
   on behalf of the Company                  --            --           780           --

Net loss for the year ended
   December 31, 1996                         --            --            --       (8,880)
                                     ----------    ----------    ----------   ----------

Balance, December 31, 1996            9,975,354         9,975           780      (10,913)

Expenses paid by shareholder
   on behalf of the Company                  --            --         1,000           --

Net loss for the year ended
   December 31, 1997                         --            --            --       (1,100)
                                     ----------    ----------    ----------   ----------

Balance, December 31, 1997            9,975,354         9,975         1,780      (12,013)

Cancellation of common stock         (6,500,000)       (6,500)        6,500           --

Expenses paid by shareholder
   on behalf of the Company                  --            --           959           --

Net loss for the year ended
   December 31, 1998                         --            --            --         (701)
                                     ----------    ----------    ----------   ----------

Balance, December 31, 1998            3,475,354    $    3,475    $    9,239   $  (12,714)
                                     ----------    ----------    ----------   ----------
</TABLE>

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

                                       6
<PAGE>

                           GLOBAL TELEDATA CORPORATION
                          (A Development Stage Company)
            Statements of Stockholders' Equity (Deficit) (Continued)

<TABLE>
<CAPTION>
                                                                         Deficit
                                                                       Accumulated
                                          Common Stock      Additional   During the
                                     ---------------------   Paid-in   Development
                                       Shares       Amount   Capital      Stage
                                     ---------   ---------   ---------   ---------
<S>                                  <C>         <C>         <C>         <C>
Balance, December 31, 1998           3,475,354   $   3,475   $   9,239   $ (12,714)

Expenses paid by shareholder on
   behalf of the Company                    --          --       3,442          --

Common stock issued for
   services valued at $0.001
   per share                         6,500,000       6,500          --          --

Net loss for the year ended
   December 31, 1999                        --          --          --     (12,748)
                                     ---------   ---------   ---------   ---------

Balance, December 31, 1999           9,975,354       9,975      12,681     (25,462)
Expenses paid by shareholder
   on behalf of the Company                 --          --      17,499          --

Net loss for the year ended
   December 31, 2000                        --          --          --     (15,977)
                                     ---------   ---------   ---------   ---------

Balance, December 31, 2000           9,975,354       9,975      30,180     (41,439)

Expenses paid by shareholder
   on behalf of the Company                 --          --      22,295          --

Net loss for the year ended
   December 31, 2001                        --          --          --     (21,011)
                                     ---------   ---------   ---------   ---------

Balance, December 31, 2001           9,975,354       9,975      52,475     (62,450)

Expenses paid by shareholder
   on behalf of the Company                 --          --       7,036          --

Net loss for the year ended
   December 31, 2002                        --          --          --     (10,128)
                                     ---------   ---------   ---------   ---------

Balance, December 31, 2002           9,975,354       9,975      59,511     (72,578)

Net loss for the six months ended
 June 30, 2003 (unaudited)                  --          --          --      (7,187)
                                     ---------   ---------   ---------   ---------

Balance, June 30, 2003 (unaudited)   9,975,354   $   9,975   $  59,511   $ (79,765)
                                     =========   =========   =========   =========
</TABLE>

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

                                       7
<PAGE>

                           GLOBAL TELEDATA CORPORATION
                          (A Development Stage Company)
                            Statements of Cash Flows
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                           From
                                                                        Inception on
                                                        For The         May 15, 1995
                                                    Six Months Ended      Through
                                                        June 30,          June 30,
                                                    2003        2002       2003
                                                  --------    --------    --------
<S>                                               <C>         <C>         <C>
CASH FLOWS FROM OPERATING
ACTIVITIES

   Net loss                                       $ (7,187)   $ (5,211)   $(79,765)
   Adjustments to reconcile net loss to
   cash used by operations:
     Common stock issued for services                   --          --      14,500
     Amortization expense                               --          --         500
     Gain on forgiveness of debt                    (2,817)         --      (2,817)
   Changes in operating assets and liabilities:
     Increase in other assets                           --          --        (500)
     Increase (decrease) in accounts payable
      and accrued expenses                           1,004          --       4,096
                                                  --------    --------    --------
       Net Cash Used by Operating Activities        (9,000)     (5,211)    (63,986)
                                                  --------    --------    --------

CASH FLOWS FROM INVESTING
ACTIVITIES                                              --          --          --
                                                  --------    --------    --------

CASH FLOWS FROM FINANCING
ACTIVITIES

   Proceeds from related party payable               9,000          --       9,000
   Expenses paid by shareholder                         --       5,211      53,011
   Issuance of common stock                             --          --       1,975
                                                  --------    --------    --------

       Net Cash Provided by Financing
       Activities                                    9,000       5,211      63,986

NET INCREASE IN CASH                                    --          --          --

CASH AT BEGINNING OF PERIOD                             --          --          --
                                                  --------    --------    --------

CASH AT END OF PERIOD                             $     --    $     --    $     --
                                                  ========    ========    ========

CASH PAID DURING THE PERIOD FOR:

   Interest                                       $     --    $     --    $     --
   Income taxes                                   $     --    $     --    $     --

NON-CASH FINANCING ACTIVITIES

   Common stock issued for services               $     --    $     --    $ 14,500
</TABLE>

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

                                       8
<PAGE>

                           GLOBAL TELEDATA CORPORATION
                          (A Development Stage Company)
                        Notes to the Financial Statements
                       June 30, 2003 and December 31, 2002

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION

         The accompanying unaudited condensed financial statements have been
         prepared by the Company pursuant to the rules and regulations of the
         Securities and Exchange Commission. Certain information and footnote
         disclosures normally included in financial statements prepared in
         accordance with accounting principles generally accepted in the United
         States of America have been condensed or omitted in accordance with
         such rules and regulations. The information furnished in the interim
         condensed financial statements include normal recurring adjustments and
         reflects all adjustments, which, in the opinion of management, are
         necessary for a fair presentation of such financial statements.
         Although management believes the disclosures and information presented
         are adequate to make the information not misleading, it is suggested
         that these interim condensed financial statements be read in
         conjunction with the Company's most recent audited financial statements
         and notes thereto included in its December 31, 2002 Annual Report on
         Form 10-KSB. Operating results for the six months ended June 30, 2003
         are not necessarily indicative of the results that may be expected for
         the year ending December 31, 2003.

NOTE 2 - GOING CONCERN

         The Company's financial statements are prepared using accounting
         principles generally accepted in the United States of America
         applicable to a going concern which contemplates the realization of
         assets and liquidation of liabilities in the normal course of business.
         The Company has not yet established an ongoing source of revenues
         sufficient to cover its operating costs and allow it to continue as a
         going concern. The ability of the Company to continue as a going
         concern is dependent on the Company obtaining adequate capital to fund
         operating losses until it becomes profitable. If the Company is unable
         to obtain adequate capital, it could be forced to cease operations.

         In order to continue as a going concern, develop a reliable source of
         revenues, and achieve a profitable level of operations the Company will
         need, among other things, additional capital resources. Management's
         plans to continue as a going concern include raising additional capital
         through sales of common stock. However, management cannot provide any
         assurances that the Company will be successful in accomplishing any of
         its plans.

         The ability of the Company to continue as a going concern is dependent
         upon its ability to successfully accomplish the plans described in the
         preceding paragraph and eventually secure other sources of financing
         and attain profitable operations. The accompanying financial statements
         do not include any adjustments that might be necessary if the Company
         is unable to continue as a going concern.

NOTE 3 - RELATED PARTY PAYABLE

         During the period ended June 30, 2003, a shareholder of the Company
         paid expenses on behalf of the Company of $9,000 which is recorded as
         $3,564 in accounts payable - related party and $5,436 in notes payable
         - related party. The note payable - related party bears interest at 10%
         and has a term of one year. During the period ended June 30, 2003, the
         Company recorded $133 in accrued interest related to the note.

                                       9
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR
         PLAN OF OPERATIONS

General
-------

         Global Teledata Corporation was incorporated on May 15, 1995 as a
Nevada Corporation under the name Television Networking, Inc. Global was
incorporated for the purpose of entering the video production business. It
ceased operations in 1996 and, since that time, has been inactive. In November
1998, in connection with a merger with another entity that was later rescinded
by both parties, Global amended its articles of incorporation to change its name
to Global Teledata Corporation.

         We are authorized to issue 15,000,000 shares of common stock, $0.001
par value, of which 9,975,354 shares were issued and outstanding as of the date
of this report. We are authorized to issue 10,000,000 shares of preferred stock,
$0.001 par value, none of which are issued and outstanding. Each holder of the
common stock shall be entitled to one vote for each share held. The preferred
stock may be divided into series or classes by us upon the approval of a
majority vote of our directors.

         Other than previously issuing shares to stockholders, we have not
commenced any operational activities. As such, we can be defined as a "shell"
company, whose sole purpose at this time is to locate and consummate a merger or
acquisition with a private entity. Our directors have elected to commence
implementation of our principal business purpose. Our offices are located at
5030 Champion Boulevard, Suite 6-272, Boca Raton, Florida 33491.

         The proposed business activities described in this report classify us
as a blank check company. Many states have enacted statutes, rules and
regulations limiting the sale of securities of blank check companies in their
respective jurisdictions. Triton Enterprises holds 6,500,000 of our shares. We
do not intend to undertake any other offering of our securities, either debt or
equity, until such time as we have successfully implemented our business plan.

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

         Three months and six months ended June 30, 2003 compared to three
months and six months ended June 30, 2002.

Revenues
--------

         The Company currently has no established source of revenues. The
revenues for the three months and six months ended June 30, 2003 and for the
three months and six months ended June 30, 2002 were nil.

General and Administrative Expenses
-----------------------------------

         General and administrative expenses for the three months and six months
ended June 30, 2003 were $2,858 and $9,871, respectively, as compared to $1,783
and

                                       10
<PAGE>

$5,211, respectively, for the three months and six months ended June 30, 2002,
representing an increase of $1,075 and $4,660, respectively. The increase in
general and administrative expenses were due to matters pertaining to a change
of management resulting from transfer of the majority stock interest of Global,
including professional fees associated with the transaction.

Net Loss
--------

         As a result of the above, the net loss for the three months and six
months ended June 30, 2003 were $174 and $7,187, respectively, as compared to
the net loss of $1,783 and $5,211, respectively, for the three months and six
months ended June 30, 2002.

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

         To fund working capital requirements through June 30, 2003, the Company
will utilize cash reserves based upon additional paid-in capital of $9,000 from
a shareholder, as represented by accounts payable of $3,564 and note payable of
$5,436.

ITEM 3. CONTROLS AND PROCEDURES

        There were no significant changes in the Company's internal controls or
in other factors that could significantly affect these controls since the most
recent evaluation of these controls.

Cautionary Statement Regarding Forward-Looking Statements
---------------------------------------------------------

        Certain statements contained in this Section and elsewhere in this
report regarding matters that are not historical facts are forward-looking
statements. Because such forward-looking statements include risks and
uncertainties, actual results may differ materially from those expressed or
implied by such forward-looking statements. All statements, which address
operating performance, events or developments that management expects or
anticipates to incur in the future, including statements relating to sales and
earnings growth or statements expressing general optimism about future operating
results, are forward-looking statements. The forward-looking statements are
based on management's current views and assumptions regarding future events and
operating performance. Many factors could cause actual results to differ
materially from estimates contained in management's forward-looking statements.
The differences may be caused by a variety of factors, including, but not
limited to, adverse economic conditions, competitive pressures, inadequate
capital, unexpected costs, lower revenues, net income and forecasts, the
possibility of fluctuation and volatility of the Company's operating results and
financial condition, inability to carry out marketing and sales plans and loss
of key executives, among other things.

                                       11
<PAGE>

PART II. OTHER INFORMATION
         -----------------

Item 6.  Exhibits and Reports on Form 8-K

     (a) Exhibits required by Item 601 of Regulation S-B

         Exhibit 31.1         Certification of Chief Executive Officer pursuant
                              to Section 302 of the Sarbanes-Oxley Act of 2002.

         Exhibit 31.2         Certification of Chief Financial Officer pursuant
                              to Section 302 of the Sarbanes-Oxley Act of 2002.

         Exhibit 32.1         Certification of Chief Executive Officer and Chief
                              Financial Officer pursuant to 18 U.S.C. Section
                              1350.

     (b) Reports on Form 8-K

         None.

                                       12
<PAGE>

                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned as duly authorized officers of the Company.

                                     Global Teledata Corporation

DATED: August 13, 2003               By: /s/ Dennis Crowley
                                         ----------------------------------
                                         Dennis Crowley, President and
                                         Director (Principal Executive,
                                         Financial and Accounting Officer)

                                       13