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 March 31, 2003
---------------------------------------------------------------------------

[ ]  Transition Report under Section 13 or 15(d)of the Exchange Act For the
     Transition Period from ________  to  ___________
---------------------------------------------------------------------------

                       Commission file number:  33-55254-39

                             Skynet Telematics, Inc.
                  --------------------------------------------
                 (Name of small business issuer in its charter)

                   Nevada                         87-0485315
      ----------------------------------   --------------------------
      (State or other jurisdiction of        (I.R.S. Employer
       incorporation or organization)        Identification No.)


  Administration Centre,
  Buckhurst, Westwood Lane
  Normandy, Guildford, England                      GU3 2JE
  --------------------------------------------------------------------
  (Address of principal executive offices)         (Zip Code)

                             011 44 1483 894900
                       ---------------------------
                       (Issuer's telephone number)
--------------------------------------------------------------------------

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act of 1934 during the past 12 months (or 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 [ ]

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act)        Yes [ ]     No [X]

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS:

Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court.

                                          Yes [X]     No [ ]  N/A

                     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:

Number of shares of common stock outstanding as of March 31, 2003: 100,685,232
shares common stock

Number of shares of preferred stock outstanding as of March 31, 2003:  None

Transitional Small Business Disclosure Format (Check one): Yes [ ]  No [X]


                                       1

<PAGE>


PART I.  FINANCIAL INFORMATION

Item 1.   Financial Statements.................................      3
          Report of Independent Registered Public Accounting Firm    4
          Balance Sheet (unaudited)............................      5
          Statements of Operations (unaudited).................      6
          Statements of Cash Flows (unaudited).................      7
          Notes to Financial Statements........................     8-9

Item 2.  Management's Discussion and Analysis of Plan
           of Operation........................................     10

Item 3. Controls and Procedures................................     14


PART II. OTHER INFORMATION

Item 1.   Legal Proceedings....................................     15

Item 2.   Changes in Securities and Use of Proceeds............     15

Item 3.   Defaults upon Senior Securities......................     15

Item 4.   Submission of Matters to a Vote
           of Security Holders.................................     15

Item 5.   Other Information.....................................    15

Item 6.   Exhibits and Reports on Form 8-K......................    15

Signatures......................................................    16

                                      2

PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS AND EXHIBITS

As prescribed by item 310 of Regulation S-B, the independent auditor has
reviewed these unaudited interim financial statements of the registrant
for the quarter ending March 31, 2003.  The financial statements reflect
all adjustments which are, in the opinion of management, necessary to a
fair statement of the results for the interim period presented.  The
unaudited financial statements of registrant for the quarterly period
ending March 31, 2003, follow.


                                       3

<PAGE>

MOORE & ASSOCIATES, CHARTERED
  ACCOUNTANTS AND ADVISORS
  ------------------------
     PCAOB REGISTERED


          Report of Independent Registered Public Accounting Firm
          -------------------------------------------------------


To the Board of Directors
Skynet Telematics Inc.

We have reviewed the accompanying balance sheet of Skynet Telematics Inc. as
of March 31, 2003, and the related statements of operations, retained
earnings, and cash flows for the three months then ended, in accordance with
the standards of the Public Company Accounting Oversight Board (United
States).  All information included in these financial statements is the
representation of the management of Skynet Telematics Inc.

A review consists principally of inquiries of company personnel and
analytical procedures applied to financial data. It is substantially less in
scope than an audit in accordance with generally accepted auditing standards,
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 financial statements in order for them to be in
conformity with generally accepted accounting principles.

The accompanying financial statements have been prepared assuming that the
company will continue as a going concern. As discussed in the accompanying
financial statements, the Company had a net loss of $19,271,147 for the
period ended March 31, 2003. This raises substantial doubt about the
Company's ability to continue as a going concern. The financial statements do
not include any adjustments that might result from this uncertainty.


/s/ Moore & Associates, Chartered
---------------------------------
    Moore & Associates, Chartered
    Las Vegas, Nevada
    April 26, 2007


           2675 S. JONES BLVD. SUITE 109, LAS VEGAS, NEVADA 89146
                      (702) 253-7511 Fax: (702)253-7501

                                    4
<PAGE>




                   SKYNET TELEMATICS, INC. AND SUBSIDIARIES
                         CONSOLIDATED BALANCE SHEETS
             Expressed in U.S. Dollars, unless stated otherwise
                    March 31, 2003 and December 31, 2002


<TABLE>
<CAPTION>

Consolidated Balance Sheets


                                       March 31, 2003
                                         (Unaudited)   December 31, 2002
                                       --------------  -----------------
<S>                                    <C>             <C>
CURRENT ASSETS
Cash in bank                           $      66,977   $         74,642
Loans receivable                                   -                  0
Prepaid expenses and other current assets      5,091              7,740
                                       --------------  -----------------
     TOTAL CURRENT ASSETS                     72,068             82,382

     TOTAL ASSETS                      $      72,068   $         82,382
                                       ==============  =================

                   LIABILITIES & STOCKHOLDERS' (DEFICIT)

CURRENT LIABILITIES
Accounts payable and accrued expenses         42,144             17,929
Loans payable - officer                      124,968            107,968
                                       --------------  -----------------
     TOTAL CURRENT LIABILITIES               167,112            125,897
                                       --------------  -----------------
     TOTAL LIABILITIES                       167,112            125,897

STOCKHOLDERS' (DEFICIT)
Preferred stock - $.001 par value;
  authorized: 20,000,000 shares;
  issued and outstanding: none                    -                   -
Common stock - $.001 par value;
  authorized: 500,000,000 shares;
  issued and outstanding: 100,685,232
  and 100,159,282 as of March 31, 2003
  and December 31, 2002 respectfully         100,685            100,160
Additional paid-in capital                19,075,418         19,053,443
Accumulated deficit                      (19,271,147)       (19,197,118)
                                       --------------  -----------------
TOTAL STOCKHOLDERS' (DEFICIT)                (95,044)           (43,515)

     TOTAL LIABILITIES AND
       STOCKHOLDERS' (DEFICIT)         $      72,068   $         82,382
                                       ==============  =================
</TABLE>

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

                                    5
<PAGE>


                   SKYNET TELEMATICS, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF INCOME
                          AND COMPREHENSIVE INCOME
                Express in U.S. Dollars, unless stated otherwise
                                 (unaudited)


<TABLE>
<CAPTION>

Consolidated Statements of Income and Comprehensive Income


                                                     Quarter ended

                                             March 31, 2003  March 31, 2002
                                             --------------  --------------
<S>                                          <C>             <C>
Net sales                                    $           -   $           -
Cost of sales                                            -               -
                                             --------------  --------------
     GROSS LOSS                                          -               -

General and administrative expense                  74,106          93,157
Interest expense - net                                               7,799
                                             --------------  --------------
     NET LOSS                                      (74,106)       (100,956)

Interest receivable                                     35               -
Foreign currency translation adjustments                42          (1,154)
                                             --------------  --------------
TOTAL COMPREHENSIVE LOSS                     $     (74,029)  $    (102,110)
                                             --------------  --------------

Basic net loss per common share              $       (0.00)  $       (0.00)
                                             ==============  ==============
Weighted average number of common shares        94,613,167      60,990,320
                                             ==============  ==============

</TABLE>

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

                                      6
<PAGE>


                  SKYNET TELEMATICS, INC. AND SUBSIDIARIES
                   CONSOLIDATED STATEMENTS OF CASH FLOWS
              Express in U.S. Dollars, unless stated otherwise
                               (unaudited)


<TABLE>
<CAPTION>

Consolidated Statements of Cash Flows


                                               Mar. 31, 2003  Mar. 31, 2002
                                               -------------  -------------
<S>                                            <C>            <C>
OPERATING ACTIVITIES
Net loss                                       $    (74,071)  $   (100,956)
Adjustments to reconcile net loss to cash
  used in operating activities
Effect of foreign currency adjustments                   42         (1,154)
Changes in assets and liabilities:
   Prepaid expenses and other current assets          2,649            (11)
   Accounts payable and accrued expenses             24,215         29,498
                                               -------------  -------------
NET CASH USED IN OPERATING ACTIVITIES               (47,165)       (72,623)
                                               -------------  -------------

INVESTING ACTIVITIES
                                               -------------  -------------
NET CASH USED IN INVESTING ACTIVITIES                     -              -

FINANCING ACTIVITIES
Proceeds from sales of common stock                  22,500         64,227
Proceeds from notes payable                          17,000         47,516
Payments of notes payable                                          (14,901)
                                               -------------  -------------
NET CASH PROVIDED BY FINANCING ACTIVITIES            39,500         96,842
                                               -------------  -------------

INCREASE IN CASH                                     (7,665)        24,219

CASH - beginning of period                     $     74,642    $         0
                                               -------------  -------------

CASH - end of period                           $     66,977   $     24,219
                                               =============  =============

Supplemental disclosures:
   Interest paid                               $          -   $          -
                                               =============  =============
   Income taxes paid                           $          -   $          -
                                               =============   ============

</TABLE>


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

                                      7
<PAGE>

                  SKYNET TELEMATICS, INC. AND SUBSIDIARIES
                                     Notes


Note 1 - Basis of Presentation

The interim financial statements included herein, presented in accordance
with United States generally accepted accounting principles and stated in US
dollars, have been prepared by the Company, without audit, 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 generally accepted accounting
principles have been condensed or omitted pursuant to such rules and
regulations, although the Company believes that the disclosures are adequate
to make the information presented not misleading.

These statements reflect all adjustments, consisting of normal recurring
adjustments, which, in the opinion of management, are necessary for fair
presentation of the information contained therein.  It is suggested that
these consolidated interim financial statements be read in conjunction with
the financial statements of the Company for the year ended December 31, 2002
and notes thereto included in the Company's 10-KSB annual report.  The
Company follows the same accounting policies in the preparation of interim
reports.

Results of operations for the interim periods are not indicative of annual
results.


Note 2 - Going concern

These consolidated financial statements have been prepared in accordance with
generally accepted accounting principles applicable to a going concern which
contemplates the realization of assets and the satisfaction of liabilities
and commitments in the normal course of business. As at March 31, 2003, the
Company has accumulated operating losses of approximately $19,271,147 since
inception. The Company's ability to continue as a going concern is contingent
upon the successful completion of additional financing arrangements and its
ability to achieve and maintain profitable operations.  Management plans to
raise equity capital to finance the operating and capital requirements of the
Company.  Amounts raised will be used to further development of the Company's
products, to provide financing for marketing and promotion, to secure
additional property and equipment, and for other working capital purposes.
While the Company is expending its best efforts to achieve the above plans,
there is no assurance that any such activity will generate funds that will be
available for operations.

These conditions raise substantial doubt about the Company's ability to
continue as a going concern.  These financial statements do not include any
adjustments that might arise from this uncertainty.


                                     8
<PAGE>


                  SKYNET TELEMATICS, INC. AND SUBSIDIARIES
                                     Notes


Note 3 - Related party transactions

The Company does not lease or rent any property.  Office services are provided
without charge by a director.  Such costs are immaterial to the financial
statements and, accordingly, have not been reflected therein.  The officers
and directors of the Company are involved in other business activities and
may, in the future, become involved in other business opportunities.  If a
specific business opportunity becomes available, such persons may face a
conflict in selecting between the Company and their other business interests.
The Company has not formulated a policy for the resolution of such conflicts.

During 2002, the an officer loaned monies to the Company.  This loan had an
outstanding balance of $124,968 as of March 31, 2003.



                                     9
<PAGE>





Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF PLAN OF OPERATIONS

Skynet Telematics, Inc. ("Skynet" or "the Company") was incorporated under the
laws of Nevada on March 14, 1990 under the name Peripheral Connections, Inc.
The name was changed to Skynet Telematics, Inc. in 1998 and to Skynet
Telematics.com, Inc. in 2000. The name was changed back to Skynet Telematics,
Inc. in 2002.

The original business plan of Skynet was the development, marketing, and
distribution of integrated modular automotive telematic systems and providing
monitoring services to users of those products. Automotive telematic systems
combine the technologies for mobile phones (GSM), global positioning satellite
systems (GPS) and the Internet to enable customers to identify the exact
location and status information about vehicles, to receive certain theft
protection, personal security measures, e-mail, Internet access and concierge
services through a monitoring station, and to receive a variety of information
through communication with the monitoring station.

This Skynet's original business plan has not been financially successful.  The
Company is assessing various options and new business strategies.  The analysis
of new businesses opportunities and evaluating new business strategies will be
undertaken by or under the supervision of the Company's President. In analyzing
prospective businesses opportunities, management will consider, to the extent
applicable, the available technical, financial and managerial resources of any
given business venture.  Management will also consider the nature of present
and expected competition; potential advances in research and development or
exploration; the potential for growth and expansion; the likelihood of
sustaining a profit within given time frames; the perceived public recognition
or acceptance of products, services, trade or service marks; name
identification; and other relevant factors.  The Company anticipates that
the results of operations of a specific business venture may not necessarily be
indicative of the potential for future earnings, which may be impacted by a
change in marketing strategies, business expansion, modifying product emphasis,
changing or substantially augmenting management, and other factors.

The Company will analyze all relevant factors and make a determination based
on a composite of available information, without reliance on any single
factor.  The period within which the Company will decide to participate in a
given business venture cannot be predicted and will depend on certain
factors, including the time involved in identifying businesses, the time
required for the Company to complete its analysis of such  businesses, the
time required to prepare appropriate documentation and other circumstances.

The Company has not achieved profitability to date, and the Company
anticipates that it will continue to incur net losses for the foreseeable
future.  As of March 31, 2003, the Company had an accumulated deficit of
$(19,271,147) dollars.  There can be no assurances that the Company can achieve
or sustain profitability or that the Company's operating losses will not
increase in the future.

                                       10

<PAGE>

The Company is a fully reporting company under the Securities Exchange
Act of 1934, as amended (the "Exchange Act").  As a "reporting company,"
management believes the Company may be more attractive to a private acquisition
target.

Going Concern - The Company experienced operating losses, through the most
recent reporting period.  The financial statements have been prepared assuming
the Company will continue to operate as a going concern which contemplates the
realization of assets and the settlement of liabilities in the normal course
of business.  No adjustment has been made to the recorded amount of assets or
the recorded amount or classification of liabilities which would be required
if the Company were unable to continue its operations.  (See Financial Footnote
2)  Management believes it has enough funds to operate for the next twelve (12)
months without the need to raise additional capital to meet its obligations in
the normal course of business.


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

During the period ended March 31, 2003 and March 31, 2002, the Company did not
generate any revenues.  In addition, the Company does not expect to generate
any profit for the next year.

During the quarter ended March 31,2003, the Company had a net loss of $(74,106)
compared to a net loss of $(100,956) for the same period last year.  These
expenses represented general and administrative expenses.  Management is paying
the day-to-day corporate expenses personally, without seeking reimbursement
from the Company for these paid expenses.


Plan of Operation
-----------------

Management does not believe that the Company will be able to generate
any significant profit during the coming year.  Management believes
developmental and marketing costs will most likely exceed any anticipated
revenues for the coming year.

Management believes the Company can sustain itself for the next twelve months.
Management has agreed to keep the Company funded at its own expense, without
seeking reimbursement for expenses paid.  The Company's need for capital may
change dramatically if it moves forward in developing a new business strategy
or it acquires an interest in a business opportunity.  In the event the Company
requires additional funds, the Company will have to seek loans or equity
placements to cover such cash needs.  There is no assurance additional capital
will be available to the Company on acceptable terms.

                                      11
<PAGE>

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

As of March 31, 2003, the Company's current liabilities exceeded its current
assets by $95,044.

As of March 31, 2003, the Company has 100,685,232 shares of common stock
issued and outstanding.

The Company has limited financial resources available, which has had an
adverse impact on the Company's liquidity, activities and operations.
These limitations have adversely affected the Company's ability to obtain
certain projects and pursue additional business.  Without realization of
additional capital, it would be unlikely for the Company to continue as a
going concern.  In order for the Company to remain a Going Concern it will
need to find additional capital.  Additional working capital may be sought
through additional debt or equity private placements, additional notes
payable to banks or related parties (officers, directors or stockholders),
or from other available funding sources at market rates of interest, or a
combination of these.  The ability to raise necessary financing will depend
on many factors, including the nature and prospects of any business to be
acquired and the economic and market conditions prevailing at the time
financing is sought.  No assurances can be given that any necessary financing
can be obtained on terms favorable to the Company, or at all.

The Company has no material commitments for capital expenditures nor does it
foresee the need for such expenditures over the next year.



                                       12
<PAGE>


Market Information
------------------

Skynet's common stock is traded on the National Quotation Bureau "Pink Sheets"
under the symbol "SKYI."  There is a limited market for SKYI shares.

(a) There is currently no common stock which is subject to outstanding
options or warrants to purchase, or securities convertible into, the
Company's common stock.

(b)  The Company did not repurchase any of its shares during the quarter
covered by this report.

Dividends
---------

Holders of common stock are entitled to receive such dividends as the board of
directors may from time to time declare out of funds legally  available for the
payment of dividends. No dividends have been paid on our common stock, and we
do not anticipate paying any dividends on our common stock in the foreseeable
future.

Forward-Looking Statements
--------------------------

This Form 10-QSB includes "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended.  All statements, other than
statements of historical facts, included or incorporated by reference in this
Form 10-QSB which address activities, events or developments which the Company
expects or anticipates will or may occur in the future, including such things
as future capital expenditures (including the amount and nature thereof),
finding suitable merger or acquisition candidates, expansion and growth of
the Company's business and operations, and other such matters are forward-
looking statements.  These statements are based on certain assumptions and
analyses made by the Company in light of its experience and its perception
of historical trends, current conditions and expected future developments as
well as other factors it believes are appropriate in the circumstances.
However, whether actual results or developments will conform with the
Company's expectations and predictions is subject to a number of risks and
uncertainties, general economic  market and business conditions; the business
opportunities (or lack thereof) that may be presented to and pursued by the
Company;  changes in laws or  regulation; and other factors, most of which
are beyond the control of the Company.



                                       13
<PAGE>


This Form 10-QSB contains statements that constitute "forward-looking
statements." These forward-looking statements can be identified by the use of
predictive, future-tense or forward-looking terminology, such as "believes,"
"anticipates," "expects," "estimates," "plans," "may," "will," or similar
terms. These statements appear in a number of places in this Registration and
include statements regarding the intent, belief or current expectations of
the Company, its directors or its officers with respect to, among other
things: (i) trends affecting the Company's financial condition or results of
operations for its limited history; (ii) the Company's business and growth
strategies; and, (iii) the Company's financing plans.  Investors are
cautioned that any such forward-looking statements are not guarantees of
future performance and involve significant risks and uncertainties, and that
actual results may differ materially from those projected in the forward-
looking statements as a result of various factors.  Factors that could
adversely affect actual results and performance include, among others, the
Company's limited operating history, potential fluctuations in quarterly
operating results and expenses, government regulation, technological change
and competition.

Consequently, all of the forward-looking statements made in this Form 10-QSB
are qualified by these cautionary  statements and there can be no assurance
that the actual results or developments anticipated by the Company will be
realized or, even if substantially realized, that they will have the expected
consequence to or effects on the Company or its business or operations.  The
Company assumes no obligations to update any such forward-looking statements.


Item 3.  Controls and Procedures

As of the end of the period covered by this report, the Company conducted an
evaluation, under the supervision and with the participation of the principal
executive officer and principal financial officer, of the Company's disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities Exchange Act of 1934 (the "Exchange Act")).  Based on this
evaluation, the principal executive officer and principal financial officer
concluded that the Company's disclosure controls and procedures are effective
to ensure that information required to be disclosed by the Company in reports
that it files or submits under the Exchange Act is recorded, processed,
summarized and reported within the time periods specified in Securities and
Exchange Commission rules and forms.  There was no change in the Company's
internal control over financial reporting during the Company's most recently
completed fiscal quarter that has materially affected, or is reasonably likely
to materially affect, the Company's internal control over financial reporting.


                                      14

<PAGE>


                       PART II OTHER INFORMATION

ITEM 1.  Legal Proceedings

The Company is not a party to any legal proceedings.

ITEM 2.  Changes in Securities and Use of Proceeds

During the Quarter ending March 31, 2003, the Company issued 525,000 of its
common shares for $22,500 in cash.

ITEM 3.  Defaults upon Senior Securities

None.

ITEM 4.  Submission of Matters to a Vote of Security Holders

None.

ITEM 5.  Other Information

None.

ITEM 6.  Exhibits and Reports on Form 8-K

a) Exhibits

  Exhibit
  Number        Title of Document
  ----------------------------------------------------------------
    31.1     Certifications of the President pursuant to Section 302 of the
             Sarbanes-Oxley Act of 2002.

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

    32.1     Certifications of President pursuant to 18 U.S.C.  Section 1350
             as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
             2002.

    32.2     Certifications of Chief Financial Officer pursuant to 18 U.S.C.
             Section 1350 as adopted pursuant to Section 906 of the Sarbanes-
             Oxley Act of 2002.


b)  Reports on Form 8-K

None filed during the quarter ended March 31, 2003.


                                     15

<PAGE>


                                   SIGNATURES

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

                                 Skynet Telematics, Inc.
                                ------------------------
                                        Registrant

                                By: /s/ Tomas George Wilmot
                                --------------------------------
                                 Name:  Tomas George Wilmot
                                 Title: President/Director

Dated:  April 30, 2007
        --------------


                                     16

<PAGE>