UNITED STATES
                      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 October 31, 2003

                                          or

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

For the transition period from to -------------

                       Commission file number: 000-_______

                       Medallion Crest Management, Inc.
--------------------------------------------------------------------------
                (Name of small business issuer in its charter)

                Florida                            06-1686744
    ---------------------------------    -------------------------------
    (State or other jurisdiction of      (IRS Employer Identification No.)
     incorporation or organization)

             3675 North Country Club Drive, Suite 1907 Aventura, FL
----------------------------------------------------------------------------
                   (Address of principal executive offices)

                                     33180
----------------------------------------------------------------------------
                                   (Zip Code)

Registrant's telephone number, including area code: (305) 933-6737

Securities registered under Section 12(g) of the Exchange Act:

                   Common Stock, $0.001 par value per share
----------------------------------------------------------------------------
                                 (Title of class)

The number of shares of the registrant's common stock, par value
$0.001 per share, outstanding as of December 10, 2003 was 5,165,500.

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


<PAGE>


Part 1   Financial Information

Item 1.  Financial Statements (Unaudited)


Item 2.  Management's Discussion and Analysis of Financial Condition and
	  Results of Operations

Part II  Other Information


Item 6.  Exhibits and Reports on Form 8-K



<PAGE>

Part I.  Financial Information


Item 1.  Financial Statements





                       MEDALLION CREST MANAGEMENT, INC.
                        (A DEVELOPMENT STAGE COMPANY)

                             FINANCIAL STATEMENTS

              FOR THE THREE AND SIX MONTHS ENDED OCTOBER 31, 2003
               AND FOR THE PERIOD FROM APRIL 4, 2003 (INCEPTION)
                            THROUGH OCTOBER 31, 2003




<PAGE>



                               TABLE OF CONTENTS



Financial Statements:

Balance Sheet as of October 31, 2003 (unaudited)           2

Statement of Operations for the three and six months
ended October 31, 2003 (unaudited) and from April 4,
2003 (inception) through  October 31, 2003 (unaudited)     3

Statement of Changes in Stockholders' Equity for the
period from April 4, 2003 (inception) through October
31, 2003 (unaudited)                                       4

Statement of Cash Flows for the six months ended
October 31, 2003 and for the period from April
4, 2003 (inception) through October 31, 2003 (unaudited)   5


Notes to Financial Statements                             6-7


<PAGE>


MEDALLION CREST MANAGEMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET
----------------------------------------------------------------

                                    ASSETS
                                    ------
                                                        Oct 31,
                                                         2003
                                                      ----------

Current assets:
  Cash                                                $   37,749
                                                      ----------


                     LIABILITIES AND STOCKHOLDERS' EQUITY
                     ------------------------------------


Total current liabilities                             $    4,454
                                                      ----------

Stockholders' equity:
  Preferred stock, 20,000,000
   authorized, par value
   $.0001; none issued and
   outstanding                                                 -
  Common stock, 100,000,000
   authorized, $.0001 par value;
   5,165,000 issued and outstanding                   $      517
  Additional paid in capital                              45,783
  Deficit accumulated during the
   development stage                                     (13,005)
                                                      ----------

     Total stockholders' equity                           33,295
                                                      ----------
     Total liabilities and stockholders' equity       $   37,749
                                                      ==========


See accompanying notes to financial statements.

                                       2

<PAGE>


MEDALLION CREST MANAGEMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
--------------------------------------------------------------------

<TABLE>
<CAPTION>


                                                           Three months    Six months      April 4, 2003
                                                               ended         ended          (inception)
                                                              Oct 31,       Oct 31,           through
                                                               2003          2003           Oct 31, 2003
                                                           ------------    -----------     -------------
                                                           (unaudited)     (unaudited)      (unaudited)

<S>                                                        <C>             <C>              <C>

Revenue                                                     $       -       $       -        $       -

Selling, general and administrative expenses                    6,355          12,842           13,005
                                                            ----------      ----------       ----------

Loss from operations                                           (6,355)        (12,842)         (13,005)
                                                            ----------      ----------       ----------

Provision (benefit) for income taxes                                -               -                -
                                                            ----------      ----------       ----------

Net loss                                                    $  (6,355)      $ (12,842)       $ (13,005)
                                                            ==========      ==========       ==========



Basic and diluted loss per share                            $        -      $       -
                                                            ==========      ==========

Basic and diluted weighted average shares outstanding        5,165,500      5,165,500



</TABLE>

               See accompanying notes to financial statements.


                                       3

<PAGE>


MEDALLION CREST MANAGEMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
--------------------------------------------

<TABLE>
<CAPTION>

                                                                            Accumulated
                                          Common Stock                        Deficit
                                       -------------------    Additional     Development
                                        Shares     Amount   Paid-In Capital     Stage      Total
                                       ---------  --------  ---------------  -----------  --------

<S>                                    <C>        <C>         <C>             <C>         <C>
Balance, April 4, 2003 (inception)             -  $     -     $      -        $      -    $     -

Initial capital contributions          4,750,000      475        4,275               -       4,750

Common stock issued for cash             415,500       42       41,508               -      41,550

Net loss - April 30, 2003                      -        -            -            (163)       (163)
                                       ---------  -------     --------        --------    --------

Balance, April 30, 2003                5,165,500  $   517     $ 45,783        $    163    $ 46,137
                                       =========  =======     ========        ========    ========

Net loss Oct 31, 2003 (unaudited)              -        -            -         (12,842)    (12,842)
                                       ---------  -------     --------        --------    --------

Balance Oct 31, 2003 (unaudited)       5,165,500      517       45,783         (13,005)     33,295
                                       =========  =======     ========        ========    ========


</TABLE>


               See accompanying notes to financial statements.

                                       4

<PAGE>


MEDALLION CREST MANAGEMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
---------------------------------

<TABLE>
<CAPTION>
                                                    Six months       April 4, 2003
                                                      ended           (inception)
                                                    October 31          through
                                                       2003           Oct 31, 2003
                                                    --------------    ------------


<S>                                                  <C>               <C>
Cash flows from operating activities:
  Net loss                                            $ (12,842)       $ (13,005)
  Increase in accounts payable                            4,454            4,454
                                                      ----------       ----------
  Net cash used in operating  activities                 (8,388)          (8,551)
                                                      ----------       ----------

  Cash flows from financing activities
    Common stock issued for cash                              -           41,550
    Initial capital contribution                              -            4,750
                                                      ----------       ----------
  Net cash provided by financing activities                   -           46,200
                                                      ----------       ----------

  Net increase in cash                                   (8,388)          37,749

  Cash at beginning of period                            46,137                -
                                                      ---------        ----------

  Cash at end of period                               $  37,749        $  37,749
                                                      =========        ==========


  Supplementary information:
  --------------------------
    Cash paid for:
      Interest                                        $       -        $       -
                                                      ==========       ==========
      Income taxes                                    $       -        $       -
                                                      ==========       ==========

</TABLE>

               See accompanying notes to financial statements.

                                       5



<PAGE>


MEDALLION CREST MANAGEMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
-------------------------------------------------------------------------------

NOTE 1 - DESCRIPTION OF BUSINESS AND DEVELOPMENT STAGE RISK
-----------------------------------------------------------

Medallion Crest Management, Inc was incorporated on April 4, 2003 in
order to create and realize value by identifying and making
opportunistic real estate investments by the direct acquisition,
rehabilitation, financing and management of real properties.

The Company has no revenues to date.  Since its inception, the Company
has been dependent upon the receipt of capital investment to fund its
continuing activities.  In addition to the normal risks associated
with a new business venture, there can be no assurance that the
Company's business plan will be successfully executed.  Our ability to
execute our business model will depend on our ability to obtain
additional financing and achieve a profitable level of operations.
There can be no assurance that sufficient financing will be obtained.
Nor can we give any assurance that we will generate substantial
revenues or that our business operations will prove to be profitable.

In the opinion of management, all adjustments (consisting of normal
recurring adjustments) considered necessary for a fair presentation of
the results for the interim periods presented have been included.

These results have been determined on the basis of generally accepted
accounting principles and practices applied consistently with those
used in the preparation of the Company's Annual Financial Statements
for the year ended April 30, 2003.  Operating results for the three
and six months ended October 31, 2003 are not necessarily indicative
of the results that may be expected for the year ending April 30,
2004.

It is recommended that the accompanying condensed financial statements
be read in conjunction with the financial statements and notes for the
year ended April 30, 2003, found in the Company's Form SB-2/A.


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
---------------------------------------------------

Cash Equivalents
----------------

The Company considers all highly liquid debt instruments with original
maturities of three months or less to be cash equivalents.

Use of Estimates
----------------

The preparation of financial statements in conformity with general
accepted accounting principles requires management to make estimates
and assumptions that affect certain reported amounts and disclosures.
Accordingly, actual results could differ from those estimates.

Basic and Diluted Earnings Per Share
------------------------------------

Basic income per common share is computed by dividing the net income
by the weighted average number of shares of common stock outstanding
during the year.  Diluted income per common share is determined using
the weighted-average number of common shares outstanding during the
year, adjusted for the dilutive effect of common stock equivalents,
consisting of shares that might be issued upon exercise of common
stock options.  In periods where losses are reported, the weighted-
average number of common shares outstanding excludes common stock
equivalents, because their inclusion would be anti-dilutive.


<PAGE>

MEDALLION CREST MANAGEMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
-------------------------------------------------------------------------------


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED
--------------------------------------------------------------

Unaudited Interim Information
-----------------------------

The information presented as of October 31, 2003 has not been audited.
In the opinion of management, the unaudited interim financial
statements include all adjustments, consisting only of normal
recurring adjustments, necessary to present fairly the Company's
financial position as of October 31, 2003, and the results of its
operations, its cash flows and the statement of changes in
stockholder's equity for the three and six months ended October 31,
2003.  The results of operations for the period ended October 31, 2003
are not necessarily indicative of the results for the full year.

Recent Accounting Pronouncement
-------------------------------

In April 2003, the FASB issued SFAS No. 149, "Amendment of Statement
133 on Derivative Instruments and Hedging Activities." SFAS No. 149
amends and clarifies financial accounting and reporting of derivative
instruments and hedging activities under SFAS No. 133, "Accounting for
Derivative Instruments and Hedging Activities." SFAS No. 149 amends
SFAS No. 133 for decisions made: (i) as part of the Derivatives
Implementation Group process that require amendment to SFAS No. 133;
(ii) in connection with other FASB projects dealing with financial
instruments; and (iii) in connection with the implementation issues
raised related to the application of the definition of a derivative.
SFAS No. 149 is effective for contracts entered into or modified after
June 30, 2003 and for designated hedging relationships after June 30,
2003. The Company does not believe that the adoption of this standard
will have a material impact on its financial position or results of
operations.


NOTE 3 - INCOME TAXES
---------------------

For income tax purposes, the Company has elected to capitalize start-
up costs incurred since April 4, 2003 (inception) totaling $13,005.
The start-up costs will be amortized over sixty months beginning in
the year of initial operations.




<PAGE>


Item 2.  Management's Plan of Operations

Results
-------

     For the period from inception through October 31, 2003 no
revenue was generated or anticipated by management's forecast.

     We incurred expenses from inception to October 31, 2003 of
$13,005, which also equaled our loss during that period.  During
the three months ended October 31, 2003 we incurred losses of
$6,355, which also equaled our loss during the period and during
the six months ended October 31, 2003 we incurred losses of
$12,842, which also equaled our loss during the period.  These
amounts were financed primarily through $46,300 of receipts from
equity subscriptions.  Our loss per share through this date was
de minimus.   Our officers have agreed to defer all salaries
until we raise a minimum of $500,000 and to not seek
reimbursement for unpaid past compensation.  Our principal
executive and administrative offices are currently located in
space owned by an officer who has agreed to contribute the value
of the rent we would anticipate paying for such a space.
Accordingly, we are not presently incurring any rent expenses
associated with this space.  We anticipate relocating from this
space to a leased space, within 90 days of our completion of
raising financing in a minimum amount of at least $250,000.

     Management believes that, even though our auditors have
expressed substantial doubt about our ability to continue as a
going concern, due to our low cash requirements and the
cooperation of our management in deferring salaries, even if we
are unsuccessful in raising additional funds, assuming that we do
not commence our anticipated operations, we will be able to
satisfy our cash requirements for at least the next 12 months.
We will not, however, be able to commence substantial operations,
unless and until we have raised a minimum of $250,000 in funding.
Fully executing our business plan will significantly change our
cash needs and we will not be able to begin such execution until
we have raised substantial additional resources.

     We do not anticipate that there will be any significant
changes in the number of employees or expenditures from what is
discussed in this prospectus.

     Our management team is offering all shares of it common
stock for sale through this prospectus.  Although our management
team does not have a present intention of selling all of its
shares at any specific time, due to the sacrifices they are
making by not accepting a salary from the company during its
intitial growth phase management desires to have the ability to
offer shares from time to time pursuant to this prospectus.  It
is management's current intention to remain employed by the
company even if the shares held are sold.

<PAGE>


Plan of Operations
------------------

     Over the next twelve (12) months, we intend to pursue
opportunities to provide revenue-generating activities.  To
accomplish this, we will need to progress through several stages
of initial operations.  Initially, we are currently seeking to
raise up to $1,000,000 of capital through this offering to be in
position to commence full business operations.  We are attempting
to raise these funds through this public offering of our common
stock.

     We do not currently anticipate seeking a reverse
merger/acquisition within the next twelve months.

     Although we are not yet in a position to acquire any
property, we have identified and conducted preliminary due
diligence on several specific potential target properties that we
intend to pursue farther once funds have been obtained.  The
properties include:

1)	Luxury units located in Miami Beach, Florida on the
        southern most point of South Beach, with a price
        range from $1.6 million to $2.8 million per unit.
        We are currently negotiating the purchase of several
        of these units, but the purchase is contingent on
        our ability to raising sufficient funds.

2)	A portion of a strip mall located in Pembroke Pines,
        Florida located in a beautiful, high-income area.
        We are in the process of conducting due diligence on
        this property in an attempt to determine the value
        of this property versus other similar properties.

3)	Contracts of pre-construction townhouses in Pembroke
        Pines, Florida, which we believe to be one of the
        fastest growing areas in south Florida.  We are in
        the process of conducting due diligence on the
        property and believe that due to the high growth
        rate in the area that the townhouses could be
        desirable to purchase.

     Once funds have been obtained, we will then conduct
extensive site evaluations for possible property purchases,
acquisitions, property development, renovation and lease/sale
opportunities on these and other properties.  Our site evaluation
will include detailed analysis regarding the quality and
suitability of potential opportunities and/or parcels of land.
It is our goal to explore opportunities that demonstrate superior
site quality features, such as, favorable demographics,
attractive site features (high visibility/traffic area) and a
limited competitive environment.  Although this stage of
operation will be an ongoing business concern, we estimate a
maximum of two months for initial site evaluations to be
conducted.  Once we have identified potential opportunities, we
plan to enter negotiations with potential investments.  Based on
the nature of such investments, we anticipate 4-6 weeks of
negotiations on any/all initial projects that we may pursue.  It

<PAGE>



is our goal in the negotiation stage to position our self to
accumulate various projects that are commercial, acquisition or
development in nature, at under valued amounts.  We may also look
to pursue the same negotiation tactics regarding any distressed
real properties of interest.  We anticipate engaging in formal
contracts within four months of raising sufficient funds through
the offering.  We will look to secure commitments in the areas of
property purchases, acquisitions, property development,
renovation and lease/sale opportunities on an ongoing basis.  We
believe that sufficient revenue can be generated through the
final eight months of our first year of full operation to produce
an operating profit.  This time frame includes the acquisition
and sale of potential properties, site development, commercial
lease revenues, renovation and resale.  Achieving these revenues
however remains strictly contingent on raising sufficient funds
for the initiation of full business operations.  We anticipate no
substantial changes to our business plan if we raise funds less
than that of $1,000,000 through this offering or otherwise. In
the case that funds less than that of $1,000,000 are raised, our
opportunities to make possible property acquisitions will be more
limited.  Additionally, investment opportunities that are capital
intensive, such as large commercial facilities or extensive
renovation projects may no longer be immediately feasible due to
lack of funding.

     We anticipate incurring various costs and expenses
associated with cultivating revenue-generating activities.
Assuming we successfully raise $1,000,000 we estimate site
analysis during the preliminary site analysis stage, (months 1-4
of full operations) to cost approximately $75,000.  Due to the
nature of our business model, site analysis costs will be a
recurring cost for the Company.  As sites are identified, we
anticipate incurring legal expenses associated with the
negotiation and drafting of documentation to consummate the
transaction.  Our two largest expenses will be the actual
purchase and renovation of property.  We anticipate incurring
costs in renovating and improving properties equal to fifty
percent of the acquisition costs.  Assuming we successfully raise
$1,00,000 we estimate that we would spend approximately $450,000
acquiring properties and an additional $225,000 renovating these
properties.  We have included within the $450,000 amount our
anticipated costs and expenses in regards to monthly rent/loan
payments.

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

     While at this time we do not have any significant current
liabilities, our business expansion will require significant
capital resources that may be funded through the issuance of
notes payable or other debt arrangements that may affect our debt
structure.

     Through October 31, 2003 we have spent a total of $13,005 in
general operating expenses.  We raised the amounts used in these
activities from a Regulation D offering in which we raised
$46,300.



<PAGE>

     To date, we have managed to keep our monthly cash
requirements low for two reasons.  First, our officers, who are
all founders and significant shareholders have agreed not to draw
a salary until a minimum of $500,000 in funding is obtained or we
have generated $500,000 in revenues.  Once we have achieved this
threshold our board of directors will establish salaries for our
officers.  These salaries will be at least partially determined
by the amount of funding we successfully raise.    The officers
will not be reimbursed for their unpaid compensation during the
offering period.  Second, we have been able to keep our operating
expenses to a minimum by operating in space owned by Sean Miller,
our Chief Executive Officer.  Mr. Miller has agreed to contribute
use of this space in a rent-free arrangement until completion of
this offering and he will not be reimbursed for the rent of this
space.

     Given our low monthly cash requirements and the agreement of
our officers, management believes that, even though our auditors
have expressed substantial doubt about our ability to continue as
a going concern, and assuming that we do not commence our
anticipated operations it has sufficient financial resources to
meet its obligations for at least the next twelve months.

     In the early stages of our business plan, we will need cash
for refinancing mortgages, financing acquisitions and
development, and financing capital improvements as well as for
marketing.  We anticipate that during the first year, in order to
execute our business plan to any meaningful degree, we would need
to spend a minimum of $500,000 on such endeavors.  We anticipate,
however, that we will be able to commence substantial operations
once we have raised a minimum of $250,000.  We hope to raise
these funds through this offering.  If we are unable to raise the
funds through this offering we will seek alternative financing
through means such as borrowings from institutions or private
individuals.  There can be no assurance that we will be able to
keep costs from being more than these estimated amounts or that
we will be able to raise such funds.  Even if we sell all shares
offered through this registration statement, we may need to seek
additional financing in the future.  However, we may not be able
to obtain additional capital or generate sufficient revenues to
fund our operations.  We do not currently anticipate seeking a
reverse merger/acquisition within the next twelve months.  If we
are unable to obtain additional capital or generate sufficient
revenues to fund our operations we expect that we will be
required to seek protection from creditors under applicable
bankruptcy laws.  Our independent auditor has expressed
substantial doubt about our ability to continue as a going
concern and believes that our ability is dependent on our ability
to implement our business plan, raise capital and generate
revenues.  See Note 1 of our financial statements.

     For the foreseeable future, we do not intend to seek a buyer
for our business or look to engage in any joint ventures with
other entities.


<PAGE>

Uncertainties
-------------

     There is intense competition in the real estate investment
market with other companies that are much larger and both
national and international in scope and which have greater
financial resources than we have.  At present, we require
additional capital to make our full entrance into this industry.

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

     Certain statements in this report are forward-looking
statements within the meaning of the federal securities laws.
Although the Company believes that the expectations reflected in
its forward-looking statements are based on reasonable
assumptions, there are risks and uncertainties that may cause
actual results to differ materially from expectations. These
risks and uncertainties include, but are not limited to,
identifying desirable properties, negotiating desirable
investment terms, changes in the real estate market, changing
interest rates, and a general downturn in the economy.

Recent Accounting Pronouncements
--------------------------------

     In April 2003, the FASB issued SFAS No. 149, "Amendment of
Statement 133 on Derivative Instruments and Hedging Activities."
SFAS No. 149 amends and clarifies financial accounting and
reporting of derivative instruments and hedging activities under
SFAS No. 133, "Accounting for Derivative Instruments and Hedging
Activities." SFAS No. 149 amends SFAS No. 133 for decisions made:
(i) as part of the Derivatives Implementation Group process that
require amendment to SFAS No. 133; (ii) in connection with other
FASB projects dealing with financial instruments; and (iii) in
connection with the implementation issues raised related to the
application of the definition of a derivative. SFAS No. 149 is
effective for contracts entered into or modified after June 30,
2003 and for designated hedging relationships after June 30,
2003. The Company does not believe that the adoption of this
standard will have a material impact on its financial position or
results of operations.


Item 3.  Controls and Procedures
--------------------------------

     The Company maintains disclosure controls and procedures
that are designed to ensure that information required to be
disclosed in the Company's Securities Exchange Act reports is
recorded, processed, summarized and reported within the time
periods specified in the SEC's rules and forms, and that such
information is accumulated and communicated to the Company's
management, including its Chief Executive Officer and Chief
Financial Officer, as appropriate, to allow timely decisions
regarding required disclosure.  In designing and evaluating the
disclosure controls and procedures, management recognized that
any controls and procedures, no matter how well designed and
operated, can provide only reasonable assurance of achieving the
desired control objectives, and management necessarily was
required to apply its judgment in evaluating the cost-benefit
relationship of possible controls and procedures.

<PAGE>

     During the 90-day period prior to the date of this report,
an evaluation was performed under the supervision and with the
participation of our Company's management, including the Chief
Executive Officer and the Chief Financial Officer, of the
effectiveness of the design and operation of the Company's
disclosure controls and procedures.  Based upon that evaluation,
the Chief Executive Officer and the Chief Financial Officer
concluded that the Company's disclosure controls and procedures
were effective.  Subsequent to the date of this evaluation, there
have been no significant changes in the Company's internal
controls or in other factors that could significantly affect
these controls, and no corrective actions taken with regard to
significant deficiencies or material weaknesses in such controls.

Part II - Other Information.

Items 1-5.

There are no reportable events for Item 1 through Item 5.


Item 6.  Exhibits and Reports on Form 8-K

(a)         Exhibits

None.

(b)   Reports on Form 8-K

None

<PAGE>


Signatures

In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, on December 11, 2003.


                            MEDALLION CREST MANAGMENT, INC.

                            By:   /s/ Sean Miller
                               --------------------
                                  Sean Miller
                                  Principal Executive Officer,
                                  Principal Financial Officer
                                  and Chairman


	In accordance with the requirements of the Exchange Act, this
report has been signed by the following persons on behalf of the
registrant and in the capacities indicated on December 11, 2003.

  /s/ Sean Miller           Principal Executive Officer, Principal
---------------------       Financial Officer, Principal Accounting
  Sean Miller               Officer and Director


  /s/ Rose Cabasso          Vice President, Secretary and Director
---------------------
  Rose Cabasso


<PAGE>




                                CERTIFICATIONS

I, Sean Miller, Chief Executive Officer and Chief Financial
Officer of Medallion Crest Management, Inc., certify that:
1. I have reviewed this quarterly report on Form 10-QSB of
Medallion Crest Management, Inc.;

2. Based on my knowledge, this quarterly report does not contain
any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not
misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other
financial information included in this quarterly report, fairly
present in all material respects the financial condition, results
of operations and cash flows of the registrant as of, and for,
the periods presented in this quarterly report;

4. The registrant's other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-
14) for the registrant and have:

a) designed such disclosure controls and procedures to ensure
that material information relating to the registrant, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
this quarterly report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;

5. The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of registrant's
board of directors (or persons performing the equivalent
functions):

a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrant's
ability to record, process, summarize and report financial data
and have identified for the registrant's auditors any material
weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management
or other employees who have a significant role in the
registrant's internal controls; and

6. The registrant's other certifying officers and I have
indicated in this quarterly report whether there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

Date: December 11, 2003

/s/ Sean Miller
----------------
Sean Miller

Chief Executive Officer and Chief Financial Officer


<PAGE>


EX-99.1

               CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER
                    PURSUANT TO 18 U.S.C. SECTION 1350

In connection with the accompanying Quarterly Report on Form 10-QSB
of Medallion Crest Management, Inc. for the quarter ended October
31, 2003, I, Sean Miller Chief Executive Officer and Chief
Financial Officer of Medallion Crest Management, Inc. hereby
certify pursuant to 18 U.S.C. Section 1350, as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, to the best of
my knowledge and belief, that:

(1) 	such Report on Form 10-QSB for the quarter ended October 31,
2003, fully complies with the requirements of section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

(2) 	the information contained in such Report on Form 10-QSB for
the quarter ended October 31, 2003, fairly presents, in all
material respects, the financial condition and results of
operations of Medallion Crest Management, Inc.

December 11, 2003


                                By: /s/ Sean Miller
                                   --------------------------
                                    Sean Miller
                                    Chief Executive Officer and
                                    Chief Financial Officer



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