UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
(Mark One)

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

For the quarterly period ended    June 30, 1998

[  ]     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.     33-55254-22

                                  TRINON, INC.
        (Exact name of small business issuer as specified in its charter)

         NEVADA                                  87-0438633
(State or other jurisdiction of         (I.R.S. Employer Identification
incorporation or organization)          Number)         
                              

           1800 East Sahara Avenue, Suite 107 Las Vegas, Nevada 89104
              (Address of principal executive offices) (Zip Code)

Issuer's telephone number, including area code     (702) 693-5786

         Indicate  by 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  preceding  12 months  (or for such  shorter  period  that the
Registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. [X] Yes [ ] No

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

          Class                                 Outstanding as of June 30, 1998
------------------------------------            -------------------------------
$.001 PAR VALUE CLASS A COMMON STOCK                      320,999 SHARES

                                        1

<PAGE>



                         PART 1 - FINANCIAL INFORMATION

Item 1.  Financial Statements.

BASIS OF PRESENTATION

General

         The accompanying  unaudited financial  statements have been prepared in
accordance with the instructions to Form 10-QSB and,  therefore,  do not include
all information and footnotes necessary for a complete presentation of financial
position,  results of  operations,  and cash flows in conformity  with generally
accepted accounting  principles.  In the opinion of management,  all adjustments
considered  necessary for a fair  presentation  of the results of operations and
financial  position have been included and all such  adjustments are of a normal
recurring nature.  Operating results for the six months ended June 30, 1998, are
not  necessarily  indicative  of the results  that can be expected  for the year
ending December 31, 1998.

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

         The Company has had little operational history and has yet to engage in
business of any kind,  other than through two  subsidiaries.  The transaction to
acquire the subsidiaries was rescinded on November 4, 1997. Net loss for the six
months ended June 30, 1998 was $43,037. General and administrative expenses were
$43,037 and related to trying to develop viable  operations.  All risks inherent
in new and inexperienced enterprises are inherent in the Company's business. The
Company has not made a formal study of the economic  potential of any  business.
At  the  present,   the  Company  is  identifying   assets  and  other  business
opportunities  for  acquisition.  The Company has  liquidity  and  presently has
available capital resources, such as credit lines, and debentures, etc.

         Based  on  current  economic  and  regulatory  conditions,   Management
believes that it is possible,  if not probable,  for a company like the Company,
without many assets or many  liabilities,  to negotiate a merger or  acquisition
with a viable private company. The opportunity arises principally because of the
high  legal  and  accounting  fees and the  length of time  associated  with the
registration process of "going public".  However, should any of these conditions
change,  it is very possible that there would be little or no economic value for
anyone taking over control of the Company.

Item 5.           Other Information

         The Company intends to file Form 15 in the near future.  This form will
allow the  Company to stop filing  quarterly  and annual  reports  with the SEC.
Management  feels its status as a non-reporting  company will better allow it to
raise working capital and find a viable business opportunity. Management intends
to again become a reporting company as soon as possible.

                           PART II - OTHER INFORMATION

Item 6.           Exhibits and Reports on Form 8-K

         (a)      Exhibits
                  99.1 Financial Statements as of June 30, 1998
                  27 Financial Data Schedule

         (b)      Reports on Form 8-K

                  None

                                        2

<PAGE>



                                   SIGNATURES

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

                                  TRINON, INC.



Dated: July 30, 1998
                                  Craig Hurst, President and Director


                                        3

<PAGE>



                                  TRINON, INC.
                          (A Development Stage Company)
                                  BALANCE SHEET


<TABLE>
<CAPTION>
                                                                              6/30/98
                                                                            (Unaudited)
                                                                        -----------------
         ASSETS
CURRENT ASSETS
<S>                                                                     <C>              
     Cash in bank                                                       $             354
     Prepaid expenses                                                               5,000
                                                                        -----------------

                                               TOTAL CURRENT ASSETS                 5,354
                                                                        -----------------

                                                                        $           5,354
                                                                        =================

         LIABILITIES & DEFICIT
CURRENT LIABILITIES
     Accounts payable                                                   $           6,407
                                                                        -----------------

                                          TOTAL CURRENT LIABILITIES                 6,407

STOCKHOLDERS' DEFICIT
     Common Stock $.001 par value:
      Authorized - 100,000,000 shares
      Issued and outstanding 320,999 shares                                           321
     Additional paid-in capital                                                   379,856
     Stock subscription receivable                                                 (3,000)
     Deficit accumulated during the development stage                            (378,230)
                                                                        -----------------

                                        TOTAL STOCKHOLDERS' DEFICIT                (1,053)
                                                                        -----------------

                                                                        $           5,354
                                                                        =================
</TABLE>



                                       F-1

<PAGE>



                                  TRINON, INC.
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                                      5/2/86
                                           Three Months Ended                       Six Months Ended                 (Date of
                                                June 30,                                June 30,                   inception) to
                                        1998                1997                1998               1997               6/30/98
                                 ------------------  ------------------  -----------------   -----------------  ------------------
<S>                              <C>                 <C>                 <C>                 <C>                <C>               
Net sales                        $                0  $                0  $               0   $               0  $                0
Cost of sales                                     0                   0                  0                   0                   0
                                 ------------------  ------------------  -----------------   -----------------  ------------------

                   GROSS PROFIT                   0                   0                  0                   0                   0

Bad debt                                          0                   0                  0                   0              25,000
General and administrative
   expenses                                  15,819                   0             43,037                   0             132,796
                                 ------------------  ------------------  -----------------   -----------------  ------------------
                                             15,819                   0             43,037                   0             157,796
                                 ------------------  ------------------  -----------------   -----------------  ------------------

Net loss before
   discontinued operations                  (15,819)                  0            (43,037)                  0            (157,796)

Discontinued operations:
   Operations of subsidiaries
     which were terminated
     as subsidiaries on
     11/4/97                                      0                   0                  0                   0            (220,434)
                                 ------------------  ------------------  -----------------   -----------------  ------------------

                       NET LOSS  $          (15,819) $                0  $         (43,037)  $               0  $         (378,230)
                                 ==================  ==================  =================   =================  ==================

Net income (loss) per weighted
   average share                 $             (.17) $              .00  $            (.69)  $             .00
                                 ==================  ==================  =================   =================

Weighted average number of
   common shares used to
   compute net income (loss)
    per weighted average share               95,556               6,250             62,332               6,250
                                 ==================  ==================  =================   =================
</TABLE>


                                       F-2

<PAGE>



                                  TRINON, INC.
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                                        4/16/86
                                                                           Six months                  (Date of
                                                                         Ended June 30,              Inception) to
                                                                     1998              1997             6/30/98
                                                               ---------------    ---------------  ----------------
OPERATING ACTIVITIES
<S>                                                            <C>                <C>              <C>              
  Net (loss)                                                   $       (43,037)   $             0  $       (378,230)
  Adjustments to reconcile net (loss) to cash used
     by operating activities:
       Stock issued for expenses                                         3,892                  0            19,077
       Amortization                                                          0                  0                50
  Changes in assets and liabilties:
     Prepaid expenses                                                    4,915                  0            (2,000)
     Accounts payable                                                   (4,106)                 0             6,407
                                                               ---------------    ---------------  ----------------

                                               NET CASH USED
                                     BY OPERATING ACTIVITIES           (38,336)                 0          (354,696)

INVESTING ACTIVITIES
  Organization costs                                                         0                  0               (50)
                                                               ---------------    ---------------  ----------------

                                             NET CASH (USED)
                                     BY INVESTING ACTIVITIES                 0                  0               (50)

FINANCING ACTIVITIES
  Proceeds from sale of common stock                                    23,000                  0           355,100
                                                               ---------------    ---------------  ----------------

                                        NET CASH PROVIDED BY
                                        FINANCING ACTIVITIES            23,000                  0           355,100
                                                               ---------------    ---------------  ----------------

                                 INCREASE (DECREASE) IN CASH
                                        AND CASH EQUIVALENTS           (15,336)                 0               354

Cash and cash equivalents at beginning of year                          15,690                  0                 0
                                                               ---------------    ---------------  ----------------

                                   CASH AND CASH EQUIVALENTS
                                            AT END OF PERIOD   $           354    $             0  $            354
                                                               ===============    ===============  ================
</TABLE>






                                       F-3