U. S. SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

                                   (Mark One)

                 |X| QUARTERLY REPORT PURSUANT TO SECTION 13 OR

                  15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2002

                 |_| TRANSITION REPORT UNDER SECTION 13 OR 15(D)

                     OF THE SECURITIES EXCHANGE ACT OF 1934

                 For the transition period from ______ to ______
                           Commission File No. 0-4006

               ORION DIVERSIFIED TECHNOLOGIES, INC.(Symbol "ORDT")

                 (Name of Small Business Issuer in its charter)

        New Jersey                                              22-1637978
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                            Identification Number)

                630 Shore Road, Suite 505, Long Beach, NY 11561
                    (Address of Principal Executive Offices)

                                 (516) 431-1942
                 (Issuer's Telephone Number Including Area Code)

     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Exchange Act during the past
12 months (or for such shorter period that the registration was required to file
such reports), and (2) has been subject to such filing requirements for the past
                                    90 days.

                                 YES | | NO |X|

                APPLICABLE ONLY TO ISSUES INVOLVED IN BANKRUPTCY

                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

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

                                 YES | | NO |X|

                    APPLICABLE ONLY TO CORPORATE REGISTRANTS

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

                 Common Stock, $.01 Par Value, 1,847,397 shares



                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                          Index to financial Statements

INDEPENDENT AUDITORS' REPORT

PART I       FINANCIAL INFORMATION

  ITEM 1     Financial Statements

             Balance sheet as of and January 31, 2002

             Results of operations for the three months ended
              January 31, 2002 and 2001

             Results of operations for the nine months ended
              January 31, 2002 and 2001

             Statements of cash flows for the nine months ended
              January 31, 2002 and 2001

             Notes to financial statements

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




                          INDEPENDENT AUDITORS' REPORT

Board of Directors
Orion Diversified Technologies, Inc.
Long Beach, New York


We  have  reviewed  the   accompanying   balance  sheet  of  Orion   Diversified
Technologies,  Inc. , as of January  31, 2002 , and the  related  statements  of
operations,  and cash flows for the nine month ended  January 31, 2002 and 2001.
These financial statements are the responsibility of the Company's management.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A review  of  interim  financial
information consists principally of applying analytical  procedures to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with auditing standards generally accepted in the United States of America,  the
objective  of which is the  expression  of an opinion  regarding  the  financial
statements  taken as a whole.  Accordingly,  we do not express  such an opinion.

Based on our  review  and we are not aware of any  material  modifications  that
should be made to the accompanying  financial statements in order for them to be
in conformity with accounting principles generally accepted in the United States
of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
company  will  continue  as a  going  concern.  As  discussed  in  Note 4 to the
financial  statements,  the Company has  incurred  losses  from  operations  for
several  years and has a net capital  deficiency  that raise  substantial  doubt
about its ability to continue as a going concern. Management's plans with regard
to these matters are also  described in Note 4. The financial  statements do not
include any adjustments that might result from the outcome of this uncertainty.



Bloom & Co., LLP.
Hempstead, New York
March 12, 2002





                      ORION DIVERSIFIED TECHNOLOGIES, INC.

                                  BALANCE SHEET
                                JANUARY 31, 2001
                                   (Unaudited)



Assets:


Current Assets:

     Cash                                                       $    1,456
                                                                   -------
       Total current assets                                             --
                                                                   -------
       Total assets                                             $    1,456
                                                                   =======

Liabilities and Stockholders' Equity

Current Liabilities:

     Accounts payable and accrued Expenses                      $   33,450
     Due to former officer                                         123,862
     Loan Payable                                                    2,600
                                                                  --------
                                                                   159,912
                                                                  --------
Stockholders' Equity

     Common Stock, par value $.01 per share,                        18,469
      authorized 10,000,000 shares, issued
      and outstanding 1,847,397 shares
     Paid-in capital                                                 3,737
     Deficit                                                      (180,662)
                                                                  --------
       Total stockholders' equity                                 (158,456)
                                                                  --------
Total liabilities and stockholders' equity                       $   1,456
                                                                  ========


See accompanying notes.




                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                             STATEMENT OF OPERATIONS
                         THE THREE MONTHS ENDED JANUARY 31,
                                   (Unaudited)



                                                    2002              2001
                                                    ----              ----



Revenues                                       $      --            $     --

Costs and Expenses

     General and administrative                    1,144                 100
                                                 -------             -------

       Total costs and expenses (Income)           1,144                 100
                                                 -------             -------

       Net Income (Loss)                       $(  1,144)           $ (  100)
                                                 =======             =======


Basic and diluted net income per share             N/A                 N/A
                                                   ====               ====

Weighted average number of common shares        1,847,397          1,847,397
                                                =========          =========


See accompanying notes.




                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                             STATEMENT OF OPERATIONS
                         THE NINE MONTHS ENDED JANUARY 31,
                                   (Unaudited)



                                                    2002              2001
                                                    ----              ----



Revenues                                       $      --            $     --

Costs and Expenses

     General and administrative                    1,344                 300
                                                 -------             -------

       Total costs and expenses (Income)           1,344                 300
                                                 -------             -------

       Net Income (Loss)                       $(  1,344)           $ (  300)
                                                 =======             =======


Basic and diluted net income per share             N/A                 N/A
                                                   ====               ====

Weighted average number of common shares        1,847,397          1,847,397
                                                =========          =========


See accompanying notes.



                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                             STATEMENT OF CASH FLOWS
                      FOR THE NINE MONTHS ENDED JANUARY 31,
                                   (Unaudited)



                                                         2002             2001
                                                         ----             ----

Cash flow from operating activities


     Net Income (Loss)                              $  ( 1,344)      $  (  300)

Adjustments to reconcile net loss
  to net cash provided by operating activities

Changes in assets and liabilities:
Accounts payable and accrued expenses                      200             300
Loan payable                                             2,600              --
                                                       -------        --------
    Net cash used in operations                          1,456             --
                                                       -------        --------

Net increase/decrease in cash                            1,456              --
                                                       -------        --------
Cash - beginning of period                                  --              --
                                                       -------        --------
Cash - end of period                                 $   1,456      $       --
                                                       =======        ========

See accompanying notes.


                      ORION DIVERSIFIED TECHNOLOGIES, INC.

                          NOTES TO FINANCIAL STATEMENTS

NOTE 1. ORGANIZATION AND BUSINESS

The  Company was  incorporated  in New Jersey on May 6, 1959.  Until  1986,  the
Company  was  engaged  in the  marketing  and sale of a line of  semiconductors,
transistors,  diodes and  rectifiers  and, to a lesser extent,  other  ancillary
related electronic  products.  Because of sustained operating loses, the Company
discontinued  this line of operation and filed a plan of  reorganization  (under
Chapter 11) with the United States  Bankruptcy Court for the Eastern District of
New York, on April 30, 1990. The Company's Plan of Reorganization  was confirmed
by the United States  Bankruptcy  Court for the Eastern  District of New York on
April 30, 1990 and consummated on June 2, 1992.

For at least the last three fiscal  years,  the Company has  essentially  been a
"shell" corporation with no assets and limited liabilities.  During this period,
the  Company's  management  limited  the  Company's  activities  to  seeking  to
consummate a business  combination  with a profitable  privately  owned company.
Despite several attempts,  no business  combination was concluded by the Company
during the three  fiscal  years ended and prior nine months  ending  January 31,
2002.

Accordingly,  the Company may be deemed to be a blank check company.  As defined
in Section  7(b)(3) of the  Securities  Act of 1933,  as amended (the "Act"),  a
"blank  check"  company is a  development  stage  company  that has no  specific
business plan or purpose or has indicated that its business plan is to engage in
a merger or an  acquisition  with an  unidentified  company or companies  and is
issuing  "penny stock"  securities as defined in Rule 3(a)(51) of the Securities
Exchange Act of 1934,  as amended (the "34 Act").  The  Securities  and Exchange
Commission and many states have enacted statutes, rules and regulations limiting
the sale of securities of blank check companies.




                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                          NOTES TO FINANCIAL STATEMENTS


NOTE 2. INTERIM FINANCIAL STATEMENTS (Unaudited)

The accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting  principles for interim financial information
and  pursuant  to the rules  and  regulations  of the  Securities  and  Exchange
Commission.  Accordingly,  they  do  not  include  all of  the  information  and
footnotes  required by generally  accepted  accounting  principles  for complete
financial statements. In the opinion of the Company's management,  the unaudited
interim financial statements include all adjustments.

Interim  results  are not  necessarily  indicative  of the  results  that may be
expected  for the  full  year.  These  financial  statements  should  be read in
conjunction  with the Company's  Annual Report on Form 10-KSB for the year ended
April 30, 2001.


NOTE 3. ESTIMATES AND ASSUMPTIONS

The  preparation  of financial  statements,  in  conformity  with the  generally
accepted  accounting  principles,  requires  management  to make  estimates  and
assumptions  that  affect the  reported  amounts of assets and  liabilities  and
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period. Actual results could differ from those estimates.


NOTE 4 - PLAN OF OPERATION AND SUBSEQUENT EVENT

To maintain  its  existence,  the Company had been using the  facilities  of its
former  Chairman and CEO Mr. Joseph Petito on a rent free basis. On November 30,
2001,  Mr.  Petito  entered into an option  agreement  with Mr. James T. Patten.
Under the  agreement,  Mr.  Patten  was given the right to  purchase  all of the
shares owned by Mr.  Petito and his wife.  On the same day,  Mr.  Petito and Mr.
Irwin  Lampert  resigned as executive  officers and  directors of the Company in
favor of Mr. Irwin Pearl and Mr. Thomas Regan. As part of the  arrangement,  the
Company intends to conduct a best efforts private  placement of 3,000,000 shares
of its common  stock at $.05 per share.  In addition,  Mr.  Petito has agreed to
accept $75,000 as total  settlement for his  outstanding  loan and accrued wages
and  expenses of $123,862 and forgive the balance.  Upon the  completion  of the
private placement and Mr. Patten's exercise of his option, the Company will have
undergone a change of control.  The future of the Company will then be dependent
on new  management's  ability  to  secure  a  business  combination  partner  or
establish profitable operations.



                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                          NOTES TO FINANCIAL STATEMENTS

ITEM 2. Management's Discussion and Analysis of Plan of Operations

         The Private  Securities  Litigation  Reform Act of 1995 contains  "safe
harbor" provisions regarding forward-looking  statements.  Except for historical
information contained herein, the matters discussed in the Liquidity and Capital
Resources  section below contain potential risks and  uncertainties,  including,
without  limitation,  risks  related to the  Company's  ability to  successfully
identify  potential  merger  partners,  retain  key  employees  and  settle  any
outstanding debts. The Company will need to attract partners in order to execute
its revised  business  strategy,  and there can be no assurance that the Company
will be successful in attracting such partners.

RESULTS OF OPERATIONS

During the nine months ended January 31, 2002 and 2001, the Company recognized a
net loss of $1,344 and $300, respectively.  The 2002 loss was due to the payment
of franchise  taxes to the state of New Jersey.  The Company does not anticipate
sales of any products or service for the foreseeable future.

The  Company  did not  conduct  any  research  and  development  or selling  and
marketing  activities in the nine months ended January 31, 2002.  The Company is
not currently  conducting any research and  development or selling and marketing
activities.


                      ORION DIVERSIFIED TECHNOLOGIES, INC.
                          NOTES TO FINANCIAL STATEMENTS

ITEM 2. Management's Discussion and Analysis of Plan of Operations (continued)

The Company is authorized to issue up to 10,000,000  shares of its Common Stock.
As of March 14, 2002,  there were 1,847,397 shares of the Company's Common Stock
issued and outstanding.

Capital Expenditures

The Company does not have any material  commitments for capital  expenditures at
this time.

Effects of Inflation

The Company  believes that the  relatively  moderate rate of inflation  over the
past few  years  has not had a  significant  impact  on the  Company's  sales or
operating results.

Income Taxes

The Company adopted  Statement No. 109 "Accounting for Income Taxes" in 1993 and
its  implementation  has had no effect on the Company's  financial  position and
results of operation.


                                   SIGNATURES

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

Dated: March 12, 2002

               Orion Diversified Technologies, Inc.

               By: /s/Irwin Pearl
                   ___________________________________
                   Irwin Pearl, President