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

                                  FORM 10-QSB
              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended June 30, 2002

                                       OR

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


                              Radale Imports, Inc.
             (Exact name of registrant as specified in its charter)

  California                       000-49708                         33-0684067
--------------             ------------------------                -------------
  (state of                (Commission File Number)                (IRS Employer
incorporation)                                                      I.D. Number)

                                 P. O. Box 1990
                            Rancho Santa Fe, CA 92067
                                  858-756-3011
            -------------------------------------------------------
            (Address and telephone number of registrant's principal
               executive offices and principal place of business)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding twelve months (or for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.  Yes [X]  No  [ ]

As  of  August  8, 2002, there were 2,138,150  shares of the Registrant's Common
Stock,  par  value  $0.001  per  share,  outstanding.

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






<PAGE>



Item  1.          Financial  Statements










































                                        2
<PAGE>



                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                            CONDENSED BALANCE SHEETS
                  JUNE 30, 2002 (Unaudited) AND MARCH 31, 2002

<TABLE>
<CAPTION>
                                                           June 30,    March 31,
                                                             2002        2002
                                                          ---------   ----------
                                                         (Unaudited)
                                     ASSETS
                                     ------
<S>                                                       <C>         <C>
Current  assets  -  cash                                  $   1,479   $     210

Related  party  receivables,  net  of  reserve
  for  doubtful  accounts  of  $227,286                           -           -
                                                          ---------   ---------

          Total  assets                                   $   1,479   $     210
                                                          =========   =========

                    LIABILITIES AND STOCKHOLDERS' DEFICIENCY
                    ----------------------------------------

Current  liabilities:
     Accounts  payable                                    $  27,668   $  38,800
     Borrowings  under  line  of  credit                     32,534      32,508
     Related  party  payables                               636,882     611,064
                                                          ---------   ---------
          Total  liabilities                                697,084     682,372
                                                          ---------    --------
Commitment

Stockholders'  deficiency:
     Preferred stock, $.001 par value; 10,000,000
       shares authorized;  none  issued                           -           -
     Common stock, $.001 par value; 40,000,000 shares
       authorized; 2,138,150 and 2,013,150 shares issued
       and  outstanding                                       2,138       2,013
     Additional  paid-in  capital                           168,853     163,978
     Deficit accumulated during the development stage      (866,596)   (848,153)
                                                          ---------    --------
          Total  stockholders'  deficiency                 (695,605)   (682,162)
                                                          ---------    --------

          Total liabilities and stockholders'
            deficiency                                    $   1,479    $    210
                                                          =========    ========
</TABLE>

             See Notes to Unaudited Condensed Financial Statements.

                                        3
<PAGE>
                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                       CONDENSED STATEMENTS OF OPERATIONS
                  THREE MONTHS ENDED JUNE 30, 2002 AND 2001 AND
            FOR THE PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                              THROUGH JUNE 30, 2002
                                  (Unaudited)


                                                                     Cumulative
                                                                        from
                                                 2002       2001     Inception
                                             ----------  ---------  -----------
Operating  expenses:
     General  and  administrative            $    2,754  $   6,619   $  686,533
     Depreciation  and  amortization                           495        7,698
                                             ----------  ---------   ----------
          Totals                                  2,754      7,114      694,231
                                             ----------  ---------   ----------

Loss  from  operations                           (2,754)    (7,114)    (694,231)
                                             ----------  ---------   ----------

Other  (income)  expense:
     Interest  income                                                   (50,836)
     Interest  expense                           15,689     13,229      223,201
                                             ----------  ---------   ----------
          Totals                                 15,689     13,229      172,365
                                             ----------  ---------   ----------

Net  loss                                    $  (18,443) $ (20,343)  $ (866,596)
                                             ==========  =========   ==========

Net loss per common share - basic            $     (.01) $    (.01)
                                             ==========  =========

Basic  weighted  average  number  of
  common  shares                              2,020,018  2,013,150
                                             ==========  =========

                  See Notes to Unaudited Financial Statements.

                                        4
<PAGE>
                       CONDENSED STATEMENTS OF CASH FLOWS
                  THREE MONTHS ENDED JUNE 30, 2002 AND 2001 AND
            FOR THE PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                              THROUGH JUNE 30, 2002
                                  (Unaudited)

<TABLE>
<CAPTION>
                                                                      Cumulative
                                                                         from
                                                 2002       2001       Inception
                                              ----------  ---------   ----------
Operating  activities:
<S>                                           <C>         <C>         <C>
     Net  loss                                $ (18,443)  $ (20,343)  $(866,596)
     Adjustments to reconcile net loss to
          net cash used in operating
          activities:
          Provision for related party
               receivables including
               accrued  interest                                        227,286
          Depreciation and amortization                         495       7,698
          Common stock issued for services        5,000                  21,191
          Changes in operating assets
               and  liabilities:
               Other  assets                                             (1,105)
               Accounts  payable                (11,132)        (22)     27,668
               Interest receivable from
                    related  parties                                    (50,836)
               Interest payable to related
                    parties                      14,818      12,330     219,718
                                              ----------  ---------   ----------
               Net cash used in operating
                    activities                   (9,757)     (7,540)   (414,976)
                                              ----------  ---------   ----------

Investing  activities:
     Purchase of property and equipment                                  (6,593)
     Advances to related parties                                       (176,450)
                                                                      ----------
               Net cash used in investing
                    activities                                         (183,043)
                                                                      ----------

Financing activities:
     Net proceeds from loans payable to
          related party                          11,000       6,500     417,164
     Net proceeds from line of credit                26         319      32,534
     Proceeds from issuance of common stock                             149,800
     Cash  overdraft                                            242
                                              ----------  ---------   ----------
               Net cash provided by
                    financing  activities        11,026       7,061     599,498
                                              ----------  ---------   ----------

Net  increase  (decrease)  in  cash               1,269        (479)      1,479

Cash,  beginning  of  period                        210         479           -
                                              ----------  ---------   ----------

Cash,  end  of  period                        $   1,479   $       -   $   1,479
                                              =========   =========   =========
</TABLE>




             See Notes to Unaudited Condensed Financial Statements.

                                        5
<PAGE>
                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


Note 1 - Unaudited  interim  financial  statements:
          The  accompanying  unaudited  condensed financial statements of Radale
          Imports,  Inc.  (the  "Company") have been prepared in accordance with
          accounting  principles  generally  accepted  in  the  United States of
          America for interim financial information and with the instructions to
          Form  10-SB.  Accordingly,  they 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. In the
          opinion of management, all adjustments (consisting of normal recurring
          accruals)  considered  necessary  for  a  fair  presentation have been
          included.  Operating  results for the three months ended June 30, 2002
          are not necessarily indicative of the results that may be expected for
          the  year  ending  March  31,  2003. The unaudited condensed financial
          statements  should  be  read in conjunction with the audited financial
          statements  and  footnotes thereto included in the Company's March 31,
          2002  Form  10-KSB.


Note 2 - Business  organization  and  policies:
          Use  of  estimates:
               The  preparation  of  financial  statements  in  conformity  with
               accounting  principles generally accepted in the United States of
               America  requires  management  to  make estimates and assumptions
               that affect reported amounts and disclosures. Accordingly, actual
               results  could  differ  from  those  estimates.

          Earnings  (loss)  per  share:
               The  Company  follows  the  provisions  of Statement of Financial
               Accounting  Standards  No.  128, Earnings per Share ("SFAS 128").

               Basic  earnings (loss) per common share is calculated by dividing
               net  income  or  loss applicable to common shares by the weighted
               average  number  of  common shares outstanding during the period.
               The  calculation  of diluted earnings per common share is similar
               to  that of basic earnings per common share, except that dilutive
               earnings per common share reflects the amount of earnings for the
               period available to each share of common stock outstanding during
               the  reporting  period,  while  giving  effect  to  all  dilutive
               potential  common  shares that were outstanding during the period
               such  as  common  shares  that  could  result  from the potential
               exercise  or conversion of securities and debt into common stock.
               There are no dilutive potential common shares outstanding for the
               three  months  ended  June  30,  2002  and  2001.

                                        6
<PAGE>
                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


Note 3 - Basis  of  presentation:
          The accompanying financial statements have been prepared in conformity
          with  accounting principles generally accepted in the United States of
          America  which  contemplate  continuation  of  the  Company as a going
          concern  and  the  realization   of  the  Company's   assets  and  the
          satisfaction  of  its liabilities in the normal course of business. As
          of  June 30, 2002, the Company has an accumulated deficit of $866,596,
          and  a  stockholders'  and  working  capital  deficiency  of $695,605.
          Management  plans to obtain the additional funds to enable the Company
          to  continue  as a going concern through the sale of equity securities
          to  private  investors pursuant to a private placement memorandum. Due
          to  the Company's recurring losses and stockholders' deficiency, there
          can be no assurance that the Company will be able to obtain additional
          operating  capital, which may impact the Company's ability to continue
          as  a  going  concern.  The  accompanying  financial statements do not
          include  any adjustments to reflect the possible future effects on the
          recoverability  and  classification  of  assets  or  the  amounts  and
          classification  of  liabilities  that  may  result  from  the probable
          inability  of  the  Company  to  continue  as  a  going  concern.


Note 4 - Related  party  receivables,  net:
          Related party receivables as of June 30, 2002 include accrued interest
          of  $50,836.  This  amount  represents  periodic  borrowings  from the
          Company by stockholders and officers. Amounts outstanding are interest
          bearing  and  are  due  six  months  after  the  advance. In the event
          principal and interest is not repaid when due, all unpaid amounts were
          due  no  later  than March 31, 2001, and are currently in default. The
          repayment  of  the  principal  and   all  accrued  interest  has  been
          guaranteed  by the Company's principal stockholder. As a consideration
          to  the stockholder for the guarantee, the debtors pledged their stock
          to the principal stockholder. Currently, the Company has not commenced
          collection  of  the  receivables. Because of the uncertainty about the
          collectability  of  the receivables, no interest income was accrued in
          the  three  month  periods  ended  June  30,  2002  and  2001.   Total
          receivables  including  accrued  interest  of $227,286 have been fully
          reserved  and  were  charged  to  operations  in  the year ended March
          31,  2001.


Note 5 - Related  party  payables:
          Related  party payables as of June 30, 2002 totaled $636,882 including
          accrued  interest  of  $219,718.  The  notes  bear interest with rates
          ranging  from  5%  to  10%  and  are  currently  in  default.


                                        7
<PAGE>
                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


Note 6 - Common  stock:
          During  the three month period ended June 30, 2002, the Company issued
          125,000  shares  of  common stock for legal services performed for the
          Company  (valued  at  $5,000,  the  value  of  the services rendered).






























                                        8
<PAGE>

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

     The  following  discussion  and analysis should be read in conjunction with
the  financial statements and the accompanying notes thereto and is qualified in
its  entirety  by  the  foregoing  and  by  more  detailed financial information
appearing  elsewhere.  See  "Item  1.  Financial  Statements."

Plan  of  Operations  for  the  Next  Twelve  Months

     Our  current  business  plan  is  to  seek, investigate, and, if warranted,
acquire  one  or  more  properties  or  businesses,  and to pursue other related
activities  intended to enhance shareholder value. The acquisition of a business
opportunity  may  be  made by purchase, merger, exchange of stock, or otherwise,
and  may  encompass  assets  or  a business entity, such as a corporation, joint
venture, or partnership. We have no capital, and it is unlikely that we  will be
able  to take advantage of more than one such business opportunity. We intend to
seek opportunities demonstrating the potential of long-term growth as opposed to
short-term  earnings.

     We  are  in  the  development  stage and, since inception, have experienced
significant  liquidity  problems  and have no capital resources or stockholders'
equity.  We have current assets in the form of cash of only $1,479, total assets
of  $1,479  and  current  liabilities  of  $697,084.

     We  propose to carry out our plan of business as discussed above. We cannot
predict  to  what extent its lack of liquidity and capital resources will impair
the  consummation  of  a  business  combination or whether we will incur further
operating  losses  through  any business entity which we may eventually acquire.

     For  the current fiscal year, we anticipate incurring a loss as a result of
legal  and  accounting expenses, expenses associated with registration under the
Securities  Exchange  Act  of  1934,  and  expenses associated with locating and
evaluating  acquisition  candidates.    We  anticipate  that  until  a  business
combination  is  completed  with  an acquisition candidate, it will not generate
revenues other than interest income, and may continue to operate at a loss after
completing  a  business  combination,  depending  upon  the  performance  of the
acquired  business.

Need  for  Additional  Financing
--------------------------------

     We  do  not  have capital sufficient to meet our cash needs during the next
twelve  months,  including the costs of compliance with the continuing reporting
requirements of the Securities Exchange Act of 1934.  We will have to seek loans
or  equity  placements  to  cover  such  cash needs. In the event we are able to
complete a business combination during this period, the lack of existing capital
may  be  a  sufficient  impediment  to prevent us from accomplishing the goal of
completing  a business combination. There is no assurance, however, that without
funds  we  will  ultimately  be  able to complete a business combination. Once a
business combination is completed, our needs for additional financing are likely
to  increase  substantially.

                                        9
<PAGE>
     No  commitments to provide additional funds have been made by management or
other  stockholders.  Accordingly, there can be no assurance that any additional
funds will be available to the company to allow it to cover its expenses as they
may  be  incurred.

     Irrespective  of whether our cash assets prove to be inadequate to meet our
operational  needs,  we  might  seek  to  compensate  providers  of  services by
issuances  of  stock  in  lieu  of  cash.


Item  6.          Exhibits  and  Reports  on  Form  8-K

(a)  Exhibits

     The following exhibits are filed, by incorporation by reference, as part of
this  Form  10-QSB:

Exhibit
Number            Description  of  Exhibit

3          -      Amended  and  Restated  Articles  of  Incorporation*

3.1        -      Bylaws*

     *Previously  filed  with  Form  10-SB  Commission  file  number  000-49708;
      incorporated herein.

(b)  Forms  8-K

     None


                                   SIGNATURES

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

Date:  August  12,  2002               Radale  Imports,  Inc.


                                       By:/s/Lee D. Dodson
                                          --------------------------------------
                                          Lee D. Dodson, Chief Executive Officer





                                       10

                            CERTIFICATION PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
                            (18 U.S.C. SECTION 1350)


     In  connection  with  the  accompanying Quarterly Report of Radale Imports,
Inc.,  (the  "Company")  on  Form 10-QSB for the period ended June 30, 2002 (the
"Report"),  I,  Lee  D.  Dodson,  Chief Executive Officer of the Company, hereby
certify  that  to  my  knowledge:

     (1)     The Report fully complies with the requirements of Section 13(a) or
15(d)  of  the  Securities Exchange Act of 1934 (15 U.S.C.  78m or  78o(d)); and

     (2)     The  information  contained  in  the Report fairly presents, in all
material  respects,  the  financial  condition  and results of operations of the
Company.



Dated:  August 12, 2002       /s/  Lee  D.  Dodson
        ---------------       -----------------------------------------------
                              Lee  D.  Dodson
                              Chairman  and  Chief  Executive  Officer


     The  above certification is furnished solely pursuant to Section 906 of the
Sarbanes-Oxley  Act  of 2002 (18 U.S.C.  1350) and is not being filed as part of
the  Form  10-Q  or  as  a  separate  disclosure  document.









                                       11
<PAGE>
                            CERTIFICATION PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
                            (18 U.S.C. SECTION 1350)


     In  connection  with  the  accompanying Quarterly Report of Radale Imports,
Inc.,  (the  "Company")  on  Form 10-QSB for the period ended June 30, 2002 (the
"Report"),  I,  Lee  D.  Dodson,  Chief Financial Officer of the Company, hereby
certify  that  to  my  knowledge:

     (1)     The Report fully complies with the requirements of Section 13(a) or
15(d)  of  the  Securities Exchange Act of 1934 (15 U.S.C.  78m or  78o(d)); and

     (2)     The  information  contained  in  the Report fairly presents, in all
material  respects,  the  financial  condition  and results of operations of the
Company.



Dated:  August 12, 2002       /s/  Lee  D.  Dodson
        ---------------       --------------------------------------------
                              Lee  D.  Dodson
                              Chief  Financial  Officer


     The  above certification is furnished solely pursuant to Section 906 of the
Sarbanes-Oxley  Act  of 2002 (18 U.S.C.  1350) and is not being filed as part of
the  Form  10-Q  or  as  a  separate  disclosure  document.







                                       12