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

                                   FORM 10-QSB








[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
    OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2003


[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934 For the transition period from           to
                                                      ------------  ------------

Commission File Number: 000--50431


                            Delightfully Frozen Corp.
                            -------------------------
             (Exact name of registrant as specified in its charter)

Texas                                         5813                  75-3016844
-----                                         ----                  ----------
(State or other jurisdiction  (Primary Standard Industrial     (I.R.S. Employer
of incorporation or            Classification Code Number)  Identification No.)
organization)

7531 Aberdon Road, Dallas, Texas                                          75252
---------------------------------                                         -----
(Address of registrant's principal executive offices)                 (Zip Code)

                                  972.735.9064
                                  ------------
              (Registrant's Telephone Number, Including Area Code)


                      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 practical date. As of November 12, 2003, there were
3,095,467 shares of the issuer's $.001 par value common stock issued and
outstanding.



                                       1
<PAGE>



                         PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS
-----------------------------

                            DELIGHTFULLY FROZEN CORP.
                          (A DEVELOPMENT STAGE COMPANY)

                                 BALANCE SHEETS


                                     ASSETS

<TABLE>
<CAPTION>
<S>                                                                    <C>                    <C>
                                                                     September 30,        December 31,
                                                                        2003                  2002
                                                                 -------------------    ------------------

Current assets -
     Cash and cash equivalents                                   $           17,704     $          33,235
     Prepaid expenses                                                         1,597     $               -
                                                                 -------------------    ------------------

               Total assets                                      $           19,301     $          33,235
                                                                 ===================    ==================


                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:
     Accounts payable and accrued expenses                       $            2,500               $ 3,500
     Due to related parties                                                   1,750                   903
                                                                 -------------------    ------------------

               Total current liabilities                                      4,250                 4,403

Long-term debt - officers-stockholders                                       25,000                15,000
                                                                 -------------------    ------------------

               Total liabilities                                             29,250                19,403
                                                                 -------------------    ------------------

Commitments and contingencies                                                     -                     -

Stockholders' equity (deficit):
     Common stock, $0.001 par value, 70,000,000 shares
       authorized, 3,095,467 and 3,083,233 shares issued
       and outstanding                                                         3,095                 3,083
     Additional paid-in capital                                              108,675                85,252
     Deferred compensation                                                         -               (42,188)
     Deficit accumulated during the development stage                      (121,719)              (32,315)
                                                                 -------------------    ------------------

          Total stockholders' equity (deficit)                               (9,949)               13,832
                                                                 -------------------    ------------------

          Total liabilities and stockholders' equity (deficit)   $           19,301     $           33,235
                                                                 ===================    ==================
</TABLE>

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


                                       2
<PAGE>


                            DELIGHTFULLY FROZEN CORP.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>
<S>                                                        <C>                        <C>                     <C>
                                                                                                      For the period from
                                                       For the three            For the nine            October 1, 2002
                                                       months ended             months ended            (inception) to
                                                      September 30, 2003       September 30, 2003     September 30, 2003
                                                   ----------------------   ----------------------   ----------------------

Net revenue                                        $                   -    $                   -    $                   -

Cost of revenue                                                        -                        -                        -
                                                   ----------------------   ----------------------   ----------------------

Gross profit                                                           -                        -                        -

Selling, general and administrative
  expenses                                                        24,622                   88,029                  119,969
                                                   ----------------------   ----------------------   ----------------------

Loss from operations before other expense
  and provision for income taxes                                 (24,622)                 (88,029)                (119,969)

Other expense -
     interest expense                                               (625)                  (1,375)                  (1,750)
                                                   ----------------------   ----------------------   ----------------------


Loss before provision for income taxes                           (25,247)                 (89,404)                (121,719)

Provision for income taxes                                             -                        -                        -
                                                   ----------------------   ----------------------   ----------------------

Net loss                                           $             (25,247)   $             (89,404)   $            (121,719)
                                                   ======================   ======================   ======================


Loss per share - basic and diluted                 $               (0.01)   $               (0.03)   $               (0.04)
                                                   ======================   ======================   ======================

Weighted average number of shares -
  basic and diluted                                            3,079,167                3,077,368                3,001,951
                                                   ======================   ======================   ======================
</TABLE>

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


                                       3
<PAGE>

                            DELIGHTFULLY FROZEN CORP.
                          (A DEVELOPMENT STAGE COMPANY)

                   STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)


<TABLE>
<CAPTION>
                                                                                                        Deficit
                                                                                                      accumulated
                                                   Common stock         Additional                    during the       Total
                                          ---------------------------     paid-in       Deferred      development   stockholders'
                                              Shares        Amount       capital      compensation       stage      equity (deficit)
                                          --------------- -----------  -------------  --------------  -------------- -------------
<S>                                              <C>         <C>           <C>            <C>             <C>             <C>
Balance at October 1, 2002                             -  $        -   $          -   $           -   $           -  $          -
   (inception)

Issuance of founder shares for
   services at $0.001 per share -
   October 2002                                2,550,000       2,550              -               -               -         2,550

Issuance of shares for services
   at $0.15 per share -
   October 2002                                  375,000         375         55,875               -               -        56,250

Deferred compensation                                  -           -              -         (42,188)              -       (42,188)

Sale of shares for cash at $0.15
   per share - December 2002                     158,233         158         23,577               -               -        23,735

Capital contribution for office
   space and salary expense                            -           -          5,800               -               -         5,800

Net loss                                               -           -              -               -         (32,315)      (32,315)
                                          --------------- -----------  -------------  --------------  -------------- -------------

Balance at December 31, 2002                   3,083,233  $    3,083   $     85,252   $     (42,188)  $     (32,315) $     13,832

Sale of shares for cash at $0.15
   per share - February 2003
   (unaudited)                                    12,234          12          1,823               -               -         1,835

Capital contribution for office
   space and salary expense
   (unaudited)                                         -           -         21,600               -               -        21,600

Amortization of deferred
   compensation (unaudited)                            -           -              -          42,188               -        42,188

Net loss (unaudited)                                   -           -              -               -         (89,404)      (89,404)
                                          --------------- -----------  -------------  --------------  -------------- -------------

Balance at September 30, 2003
   (unaudited)                                 3,095,467  $    3,095   $    108,675   $           -   $    (121,719) $     (9,949)
                                          =============== ===========  =============  ==============  ============== =============
</TABLE>

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

                                       4
<PAGE>


                            DELIGHTFULLY FROZEN CORP.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF CASH FLOWS


<TABLE>
<CAPTION>
<S>                                                           <C>                      <C>
                                                                               For the period from
                                                         For the nine            October 1, 2002
                                                         months ended            (inception) to
                                                        September 30, 2003     September 30, 2003
                                                     ----------------------   ----------------------

Cash flows used for operating activies:
     Net loss                                        $             (89,404)   $            (121,719)
                                                     ----------------------   ----------------------

     Adjustments to reconcile net loss to net
     cash used for operating
       activities:
        Issuance of common stock in exchange
          for services                                                   -                   58,800
        Deferred compensation                                       42,188                        -
        Non-cash additional paid-in-capital
          contributed                                               21,600                   27,400

     Decrease (Increase) in assets:
        Prepaid expenses                                            (1,597)                  (1,597)

     Increase (Decrease) in liabilities:
        Accounts payable and accrued expenses                       (1,000)                   2,500
        Due to related parties                                         847                    1,750
                                                     ----------------------   ----------------------

           Total adjustments                                        62,038                   88,853
                                                     ----------------------   ----------------------

           Net cash used for operating activities                  (27,366)                 (32,866)
                                                     ----------------------   ----------------------
Cash flows provided by financing activities:
     Proceeds from issuance of long-term debt -
       officers/shareholders                                        10,000                   25,000
     Issuance of common stock                                        1,835                   25,570
                                                     ----------------------   ----------------------

           Net cash provided by financing
             activities                                             11,835                   50,570
                                                     ----------------------   ----------------------

Net increase (decrease) in cash and
  cash equivalents                                                 (15,531)                  17,704
Cash and cash equivalents, beginning                                33,235                        -
                                                     ----------------------   ----------------------

Cash and cash equivalents, ending                    $              17,704    $              17,704
                                                     ======================   ======================

Supplemental disclosure of cash flow information:
     Interest paid                                   $                   -    $                   -
                                                     ======================   ======================
     Income taxes paid                               $                   -    $                   -
                                                     ======================   ======================
</TABLE>


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

                                       5
<PAGE>



                            DELIGHTFULLY FROZEN CORP.
                          (A DEVELOPMENT STAGE COMPANY)

                      STATEMENTS OF CASH FLOWS (CONTINUED)



Supplemental disclosure of non-cash financing activity:

     An officer of the Company provides office space to the Company for $1,400
per month, on a month-to-month basis, and receives a salary of $1,000 per month
for services performed as the Company's President. These fees were recorded as a
contribution to capital. For the thee months and nine months ended September 30,
2003, and the period from October 1, 2002 (inception) to September 30, 2003, the
Company recognized office expense of $4,200, $12,600, and $15,400, respectively,
and salary expense of $3,000, $9,000, and $12,000, respectively.

     In October 2002, the Company issued 2,550,000 shares of its common stock in
exchange for services to incorporate the Company, totaling $2,550. The Founder
Shares were valued at the par value of the Company's common stock, which
represented its fair market value on the date of issuance.

     In October 2002, 375,000 shares of common stock were issued at $0.15 per
share in exchange for services rendered totaling of $56,250, which was the fair
market value of the Company's common stock on the date of issuance. As of
September 30, 2003 and December 31, 2002, deferred compensation totaled $0 and
$42,188, representing unused services.


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

                                       6
<PAGE>

                            DELIGHTFULLY FROZEN CORP.
               NOTES TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)

1.   BASIS OF PRESENTATION AND NATURE OF BUSINESS OPERATIONS

BASIS OF PRESENTATION

The accompanying unaudited condensed financial statements have been prepared in
accordance with the instructions to Form 10-QSB and do not include all of the
information and footnotes required by accounting principles generally accepted
in the United States of America for complete financial statements. These
condensed financial statements and related notes should be read in conjunction
with the Delightfully Frozen Corp. ("the Company") audited financial statements
included in Form SB-2/A filed with the Securities and Exchange Commission on
September 18, 2003, for the period from October 1, 2002 (inception) to December
31, 2002. In the opinion of management, these condensed financial statements
reflect all adjustments which are of a normal recurring nature and which are
necessary to present fairly the financial position of the Company as of
September 30, 2003, and the results of operations for the three months and nine
months ended September 30, 2003, and the period from October 1, 2002 (inception)
to September 30, 2003 and the cash flows for the nine months ended September 30,
2003 and the period from October 1, 2002 (inception) to September 30,2003. The
results of operations for the three months and nine months ended September 30,
2003 are not necessarily indicative of the results which may be expected for the
entire year. Since the Company commenced its operations on October 1, 2002, the
accompanying condensed financial statements
are not comparative.

NATURE OF BUSINESS OPERATIONS

     Delightfully Frozen Corp. (the "Company") is currently a development stage
enterprise under the provisions of Statement of Financial Accounting Standards
("SFAS") No. 7. The Company was incorporated under the laws of the state of
Texas on October 1, 2002.

     The Company will provide a frozen drink machine rental service. The Company
will specialize in providing the rentals of frozen drink machines for gatherings
such as weddings, receptions, and other events in the area of Dallas, Texas. As
of September 30, 2003, the Company has had no revenue and has not commenced its
operations in the frozen drink machine rental service.


                                       7
<PAGE>


2.   GOING CONCERN

     The accompanying financial statements have been prepared on a going concern
basis, which contemplate the realization of assets and the satisfaction of
liabilities in the normal course of business. As of September 30, 2003, the
Company has not generated any revenue, and has a deficit accumulated during the
development stage totaling $121,719. These matters raise substantial doubt about
the Company's ability to continue as a going concern. These financial statements
do not include any adjustments relating to the recoverability and classification
of recorded asset amounts, or amounts and classification of liabilities that
might be necessary should the Company be unable to continue as a going concern.

     Management plans to take the following steps that it believes will be
sufficient to provide the Company with the ability to continue in existence:

     Management intends to continue to raise additional financing through debt
and equity financing or other means and interests that it deems necessary, with
a view to moving forward and sustaining a prolonged growth in its strategy
phases. The Company plans to use the proceeds of such financing to provide
working capital to its operations and increase its capital expenditure for the
frozen drink machines. There can be no assurances that sufficient financing will
be available on terms acceptable to the Company or at all.

3.   RELATED-PARTY TRANSACTIONS

LONG-TERM DEBT - RELATED PARTY

     During October 2002, the Company entered into two notes payable to a
related party totaling $15,000, which bear interest at the rate of 10% per
annum, and mature in October 2004. The Company has incurred interest totaling
$375, $1,125 and $1,500 respectively, relating to these notes, for the three
months and nine months ended September 30, 2003 and the period from October 1,
2002 (inception) to September 30, 2003 which is included in due to related
parties as of September 30, 2003.

     During June 2003, the Company entered into a note payable to a related
party totaling $10,000, which bears interest at the rate of 10% per annum, and
mature in June 2005. The Company has incurred interest totaling $250, relating
to this note, for the three months and nine months ended September 30, 2003 and
the period from October 1, 2002 (inception) to September 30, 2003.

OFFICE EXPENSES

     An officer of the Company provided office space to the Company at $1,400
per month on a month-to-month basis, which was recorded as a contribution to
capital. Total office expense for the three months and nine months ended
September 30, 2003 and the period from October 1, 2002 (inception) to September
30, 2003 was $4,200, $12,600 and $15,400, respectively.

EXECUTIVE COMPENSATION

     The Company agreed to pay a monthly salary of $1,000 to its president for
services performed. Compensation expense of $3,000 and $9,000 and $12,000,
respectively, has been recognized for services provided by the officer for the
three months and nine months ended September 30, 2003 and the period from
October 1, 2002 (inception) to September 30, 2003 with an offset to additional
paid-in capital.




                                       8
<PAGE>



ITEM 2. MANAGEMENT'S DISCUSSION OF ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS
-------------------------------------------------------------------------------

THIS FOLLOWING INFORMATION SPECIFIES CERTAIN FORWARD-LOOKING STATEMENTS OF
MANAGEMENT OF THE COMPANY. FORWARD-LOOKING STATEMENTS ARE STATEMENTS THAT
ESTIMATE THE HAPPENING OF FUTURE EVENTS AND ARE NOT BASED ON HISTORICAL FACT.
FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY THE USE OF FORWARD-LOOKING
TERMINOLOGY, SUCH AS "MAY", "SHALL", "COULD", "EXPECT", "ESTIMATE",
"ANTICIPATE", "PREDICT", "PROBABLE", "POSSIBLE", "SHOULD", "CONTINUE", OR
SIMILAR TERMS, VARIATIONS OF THOSE TERMS OR THE NEGATIVE OF THOSE TERMS. THE
FORWARD-LOOKING STATEMENTS SPECIFIED IN THE FOLLOWING INFORMATION HAVE BEEN
COMPILED BY OUR MANAGEMENT ON THE BASIS OF ASSUMPTIONS MADE BY MANAGEMENT AND
CONSIDERED BY MANAGEMENT TO BE REASONABLE. OUR FUTURE OPERATING RESULTS,
HOWEVER, ARE IMPOSSIBLE TO PREDICT AND NO REPRESENTATION, GUARANTY, OR WARRANTY
IS TO BE INFERRED FROM THOSE FORWARD-LOOKING STATEMENTS.

THE ASSUMPTIONS USED FOR PURPOSES OF THE FORWARD-LOOKING STATEMENTS SPECIFIED IN
THE FOLLOWING INFORMATION REPRESENT ESTIMATES OF FUTURE EVENTS AND ARE SUBJECT
TO UNCERTAINTY AS TO POSSIBLE CHANGES IN ECONOMIC, LEGISLATIVE, INDUSTRY, AND
OTHER CIRCUMSTANCES. AS A RESULT, THE IDENTIFICATION AND INTERPRETATION OF DATA
AND OTHER INFORMATION AND THEIR USE IN DEVELOPING AND SELECTING ASSUMPTIONS FROM
AND AMONG REASONABLE ALTERNATIVES REQUIRE THE EXERCISE OF JUDGMENT. TO THE
EXTENT THAT THE ASSUMED EVENTS DO NOT OCCUR, THE OUTCOME MAY VARY SUBSTANTIALLY
FROM ANTICIPATED OR PROJECTED RESULTS, AND, ACCORDINGLY, NO OPINION IS EXPRESSED
ON THE ACHIEVABILITY OF THOSE FORWARD-LOOKING STATEMENTS. WE CANNOT GUARANTY
THAT ANY OF THE ASSUMPTIONS RELATING TO THE FORWARD-LOOKING STATEMENTS SPECIFIED
IN THE FOLLOWING INFORMATION ARE ACCURATE, AND WE ASSUME NO OBLIGATION TO UPDATE
ANY SUCH FORWARD-LOOKING STATEMENTS.

CRITICAL ACCOUNTING POLICY AND ESTIMATES. Our Management's Discussion and
Analysis of Financial Condition and Results of Operations section discusses our
consolidated financial statements, which have been prepared in accordance with
accounting principles generally accepted in the United States of America. The
preparation of these financial statements requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at
the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. On an on-going basis, management evaluates
its estimates and judgments, including those related to revenue recognition,
accrued expenses, financing operations, and contingencies and litigation.
Management bases its estimates and judgments on historical experience and on
various other factors that are believed to be reasonable under the
circumstances, the results of which form the basis for making judgments about
the carrying value of assets and liabilities that are not readily apparent from
other sources. Actual results may differ from these estimates under different
assumptions or conditions. The most significant accounting estimates inherent in
the preparation of our financial statements include estimates as to the
appropriate carrying value of certain assets and liabilities which are not
readily apparent from other sources. These accounting policies are described at
relevant sections in this discussion and analysis and in the notes to the
financial statements for the year ended December 31, 2002 included in our Form
SB-2/A Filed on September 18, 2003.

We are a development stage company and intend to be a frozen drink machine
rental service. We intend to specialize in renting frozen drink machines for
gatherings such as wedding receptions, birthday parties, football parties,
anniversaries, family reunions, weekend barbeques, and fund raising events, as
well as any other type of occasion. We believe that frozen alcohol drinks, such
as peach bellinis, margaritas, daiquiris, and pina coladas, are very popular for
gatherings and parties. We intend to begin our operations in the Dallas-Fort
Worth, Texas area. The beverage concentrate we use has natural flavorings and
few preservatives. We believe this makes the concentrate superior, both in
quality and taste, to the other brands on the market. We believe that we can
provide a quality concentrate superior to that found at grocery and convenience
stores, which also offer frozen drinks.



                                       9
<PAGE>



We intend to deliver a frozen drink machine with everything the customer needs
for making frozen drinks. The frozen drink machine delivery includes: 100
ten-ounce, cups, straws, napkins, and salt, if needed for margaritas. Delivery
also includes the mix, and the mixing of the first batch of frozen beverages. We
will not provide any alcohol to our customers. These frozen beverages can be
made with alcohol, and if the customers choose to have alcohol in the drinks,
they must purchase it from an outside source, and add it themselves. As part of
the equipment we provide, we also intend to use a custom cart for ease of
delivery and minimizing the chance of any furniture or carpet damage. The cart
has a deep tray which will help contain spills to further reduce furniture or
carpet damage. We also propose to arrange for pickup of the rental unit,
typically the next morning, which would be included in the rental cost, and will
be performed at a time convenient for the customer.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS
--------------------------------------------------------------------------

FOR THE THREE MONTHS ENDING SEPTEMBER 30, 2003 COMPARED TO THE PERIOD FROM OUR
INCEPTION ON OCTOBER 1, 2002 THROUGH THE YEAR ENDING DECEMBER 31, 2002.

LIQUIDITY AND CAPITAL RESOURCES. We had cash and cash equivalents totaling
$17,704 and $1,597 in prepaid expenses as of September 30, 2003. We had no other
assets as of that date, so that our total assets were $19,301 as of September
30, 2003. We believe that our available cash and cash equivalents are sufficient
to pay our day-to-day expenditures. As of September 30, 2003, we had current
liabilities of $4,250 which were represented by $2,500 in accounts payable and
accrued expenses and $1,750 due to related parties. We also had $25,000 in
long-term debt to a related party as of September 30, 2003, making our total
liabilities $29,250. This is in comparison to December 31, 2002, where we had
total assets of $33,235, which consisted entirely of cash and cash equivalents.
Our total current liabilities as of December 31, 2002 were $4,403, which
consisted of $3,500 representing accounts payable and accrued expenses and $903
due to related parties. We also had $15,000 in long term debt to related
parties, making our total liabilities $19,403 as of December 31, 2002.

RESULTS OF OPERATIONS.

REVENUES. We had not realized any revenues from our inception on October 1, 2002
through the period ending September 30, 2003. We hope to generate revenues when
we begin to receive contracts from customers. Depending upon the availability of
operating capital, we intend to begin operations within twelve months.

OPERATING EXPENSES. For the three months ended September 30, 2003, our total
operating expenses were $24,622, all of which were selling, general and
administrative expenses. We also had $625 in interest expenses, so that our net
loss for the three months ended September 30, 2003 was $25,247. This is in
comparison to the period from our inception on October 1, 2002 through September
30, 2003, where our total operating expenses were $119,969, all of which were
selling, general and administrative expenses. We also had $1,750 in interest
expense, so that our net loss for the period from inception to September 30,
2003 was $121,719.

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2003.
---------------------------------------------

RESULTS OF OPERATIONS.

REVENUES. We had not realized any revenues for the nine months ended September
30, 2003.

OPERATING EXPENSES. For the nine months ended September 30, 2003, our total
operating expenses were $88,029, all of which were selling, general and
administrative expenses. We also had $1,375 in interest expenses, so that our
net loss for the nine months ended September 30, 2003 was $89,404.

OUR PLAN OF OPERATION FOR THE NEXT TWELVE MONTHS. As of September 30, 2003, we
have not generated any revenues. We hope to generate revenues in the next twelve
months by engaging customers through reputation and word of mouth, and develop
networking relationships with vendors in related businesses. As we develop
additional networking relationships, our opportunities to generate revenues
might increase. To effectuate our business plan during the next twelve months,
we must increase our service offerings and market and promote our services. We
currently market our business primarily through referrals and those referrals
will likely comprise a majority of our business. Our failure to market and
promote our services will hinder our ability to increase the size of our
operations and generate additional revenues. If we are not able to generate
additional revenues that cover our estimated operating costs, our business may
ultimately fail.


                                       10
<PAGE>



We have cash and cash equivalents of $17,704 as of September 30, 2003. In the
opinion of management, available funds will satisfy our working capital
requirements to operate at our current level of activity for the next twelve
months. Our forecast for the period for which our financial resources will be
adequate to support our operations involves risks and uncertainties and actual
results could fail as a result of a number of factors.

Specifically, we hope to accomplish the steps listed below to implement our
business plan. We estimate that we will require approximately $783,000 to
commence operations as envisioned below during the next twelve months. The
figures and steps outlined below are estimates only, and our actual progress and
cost may vary from these estimates and is subject to our ability to obtain
adequate funding. Such additional capital may be raised through public or
private equity financing, borrowings, or other sources, such as contributions
from our officers and directors. If we are unable to obtain funds necessary to
implement our business plan, we may revise or scale back our business plan. We
need to accomplish these steps to implement our business plan:

o        Purchase computer equipment;
o        Lease office space and storage space;
o        Establish our website;
o        Begin an advertising campaign;
o        Purchase frozen drink carts and product inventory;
o        Arrange to lease or purchase delivery trucks;
o        Hire support staff; and
o        Identify additional sources of capital.

We propose to purchase a total of 72 frozen drink machines over the next two
years. We anticipate purchasing approximately 36 frozen drink machines in the
following twelve months, with the first purchases occurring within the next
three to nine months. Within the next two years, we propose to purchase up to
six delivery trucks with rear overhead doors and hoists to transport our frozen
drink machines. We anticipate purchasing three of these delivery trucks within
the following twelve months, the initial purchases of which are anticipated to
occur within the next three to nine months. Additional support staff may be
hired as necessity and resources dictate within the proceeding twelve months. We
believe that funds in the amount of approximately $1,500,000 may be required to
implement these purchases and activities. We are not currently conducting any
research and development activities, other than the development of our website.
We do not anticipate conducting such activities in the near future. In the event
that we expand our customer base, then we may need to hire additional employees
or independent contractors as well as purchase or lease additional equipment.

ITEM 3. CONTROLS AND PROCEDURES
-------------------------------

(a) Evaluation of disclosure controls and procedures. We maintain controls and
procedures designed to ensure that information required to be disclosed in the
reports that we file or submit under the Securities Exchange Act of 1934 is
recorded, processed, summarized and reported within the time periods specified
in the rules and forms of the Securities and Exchange Commission. Based upon
their evaluation of those controls and procedures performed as of September 30,
2003, our chief executive officer and the principal financial officer concluded
that our disclosure controls and procedures were adequate.

(b) Changes in internal controls. There were no significant changes in our
internal controls or in other factors that could significantly affect these
controls subsequent to the date of the evaluation of those controls by the chief
executive officer and principal financial officer.


                                       11
<PAGE>


                          PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.
--------------------------

None.

ITEM 2. CHANGES IN SECURITIES.
------------------------------

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
----------------------------------------

None.

ITEM 4.  SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS
----------------------------------------------------------

None.

ITEM 5.  OTHER INFORMATION
--------------------------

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
-----------------------------------------

(a)      Exhibits.

         31. Rule 13a-14(a)/15d-14(a) Certifications.

         32. Section 1350 Certifications.


(b)      Reports on Form 8-K

         None.



                                       12
<PAGE>


                                   SIGNATURES

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

                                            Delightfully Frozen Corp.,
                                            a Texas corporation



November 12, 2003                  By:      /s/   Ken Graham
                                            -----------------------------------
                                            Ken Graham
                                   Its:     President, Treasurer, Director





                                       13
<PAGE>