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

                                   FORM 10-Q

(Mark One)
[ X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934
                    For the Quarter Ended January 31, 2001

                                      OR

[   ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) FOR THE SECURITIES
          EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
                  For the Transition Period From ________ to _______.


                        Commission File Number: 0-13628
                       ---------------------------------

                        TRIDON ENTERPRISES INCORPORATED
            (Exact name of registrant as specified in its charter)


            Colorado                                         13-3183646
   (State or other jurisdiction of                        (I.R.S. employer
    incorporation or organization)                     identification number)

11601 Wilshire Blvd., Ste. 2040
Los Angeles, CA                                                  90025
(Address of principal executive offices)                       (Zip code)

              Registrant's telephone number, including area code:
                                (310) 726-3559

          SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:

                   Common Shares, par value $.001 per shar

Indicate  by a check  mark  whether  the  Registrant  (1) has filed all  reports
required to be filed by section 12 or 15 (d) of the  Securities  Exchange Act of
1934 during the  preceding  12 months,  and (2) has been  subject to such filing
requirements for the past 90 days. Yes [X] No [ ]. As of January 31, 2001, there
were 79,894,734 shares  outstanding of the Registrant's  common stock, $.001 par
value.



<PAGE>


                        TRIDON ENTERPRISES INCORPORATED
                                      10-Q

                                      INDEX


Part I. Financial Information

        Item 1. Financial Statements (unaudited)

                Balance Sheets.........................................    2

                Statement of Operations ...............................    3

                Statements of Cash Flows ..............................    4-5

                Notes to Consolidated Financial Statements ............    6

        Item 2. Management's Discussion and Analysis
                of Financial Condition and Results of
                Operation...............................................   9

Part II.   Other Information

   Item 4.      Results of Votes of Security Holders ...................  10

   Item 6.      Exhibits and Reports on Form 8-K .......................  11

   Signatures .........................................................   11




                                       1

<PAGE>
Part I. Financial Information

Item 1. Financial Statements

<TABLE>
<CAPTION>
                         TRIDON ENTERPRISES INCORPORATED
                      (A Company In The Development Stage)
                                 Balance Sheets
                       January 31, 2001 and April 30, 2000

                                     Assets
                                                              January 31, 2001  April 30, 2000
                                                                 (Unaudited)      (Audited)
                                                              ----------------  --------------
<S>                                                           <C>               <C>
Current Assets:
    Cash                                                      $          240    $      1,250
    Notes Receivable and Interest Receivable                         277,310         277,310
    Less Allowance for Bad Debt                                     (277,310)       (277,310)
    Loans Receivable and Related Interest                             37,567          37,567
                                                              ----------------  --------------
        Total Current Assets                                          37,807          38,817
Furniture and Equipment - at Cost                                     17,993          25,462
    Accumulated Depreciation                                         (12,871)        (12,180)
                                                              ----------------  --------------
        Net Furniture and Equipment                                    5,122          13,282
                                                              ----------------  --------------
        Total Assets                                          $       42,929    $     52,099
                                                              ================  ==============

                 Liabilities And Stockholders' Equity (Deficit)

Current Liabilities:
    Accounts Payable and Accrued Expenses                     $      262,233    $    232,671
    Advances from Stockholder                                        119,613         119,613
    Advances from Officers                                            16,600          13,600
    Advances from Vertex Marketing                                    39,400          39,400
                                                              ----------------  --------------
        Total Current Liabilities                                    437,846         405,284
Commitments And Contingencies                                              -               -
                                                              ----------------  --------------
        Total Liabilities                                            437,846         405,284
                                                              ----------------  --------------
Stockholders' Equity (Deficit):
    Common Stock, $.001 Par Value, 100,000,000
      Shares Authorized, 79,794,734 and 79,594,734
      Shares Issued And Outstanding Respectively                      79,795          79,595
    Preferred Stock, 7% Cumulative Convertible, Par
      Value $.001, 20,000,000 Shares Authorized,
      53,300 Shares Issued And Outstanding                                53              53
    Additional Paid-In Capital                                    12,568,585      12,563,784
    Deficit Accumulated During Development Stage                 (13,043,350)    (12,996,617)
                                                              ----------------  --------------
        Total Stockholders' Equity (Deficit)                        (394,917)       (353,185)
                                                              ----------------  --------------
        Total Liabilities And Stockholders' Equity (Deficit)  $       42,929    $     52,099
                                                              ================  ==============
</TABLE>
                                       2

<PAGE>
<TABLE>
<CAPTION>
                                       TRIDON ENTERPRISES INCORPORATED
                                     (A Company In The Development Stage)
                                           Statements Of Operations

                                                    Inception To          Nine Months Ended
                                                     January 31,     January 31,     January 31,
                                                       2001             2001            2000
                                                    ------------     -----------    ------------
<S>                                                 <C>              <C>            <C>
Revenue:
    Net Sales                                       $    151,729     $         0    $          0
    Cost of Sales                                        182,581               0               0
                                                    ------------     -----------    ------------
Gross Loss                                               (30,852)              0               0
                                                    ------------     -----------    ------------
Operating Expenses:
    General and Administrative                         6,218,627          34,458         837,774
    Consulting Fees                                      752,250               0               0
    Research and Development                             132,697               0               0
    Computer Software Development Costs                  630,066               0               0
    Interest                                             874,175           5,000               9
                                                    ------------     -----------    ------------
        Total Operating Expenses                       8,607,815          39,458         837,783
                                                    ------------     -----------    ------------
        Net Loss from Operations                      (8,638,667)        (39,458)       (837,783)
                                                    ------------     -----------    ------------
Other Income (Expense)
    Consulting Fees Related to Common Stock Issued    (1,049,016)              0               0
    Officer's Salary Related to Common Stock Issued   (1,157,328)              0               0
    Interest                                              94,099               0               0
    Casualty Loss - Boat                              (3,000,000)              0               0
    Gain on Settlement                                   411,495               0               0
    Forgiveness of Interest                                8,901               0               0
    Forgiveness of Debt                                  123,994               0               0
    Gain on Disposition of Marketable Securities           2,720               0               0
    Loss on Permanent Impairment of Securities        (1,120,050)              0               0
    Miscellaneous                                          1,043          (6,473)              0
    Bad Debt Expense                                    (353,732)              0               0
    Litigation Settlement                               (429,978)              0        (244,500)
                                                    ------------     -----------    ------------
           Total Other Loss                           (6,467,852)         (6,473)       (244,500)
                                                    ------------     -----------    ------------
Loss from Continuing Operations Before Income
    Tax Benefit (Expense)                            (15,106,519)        (45,931)     (1,082,283)
Income Tax Benefit (Expense )                             80,205            (800)           (800)
                                                    ------------     -----------    ------------
Loss from Continuing Operations                      (15,026,314)        (46,731)     (1,083,083)
Gain on Disposal of Segment                            3,836,964               0               0
Loss on Discontinued Operations                       (1,854,000)              0               0
                                                    ------------     -----------    ------------
Net Loss                                            $(13,043,350)    $   (46,731)   $ (1,083,083)
                                                    ============     ===========    ============
Loss Per Share                                                       $      (.00)   $       (.02)
                                                                     ===========    =============
Weighted Average Number of Shares Outstanding                         79,834,734      70,114,734
                                                                     ===========    ============
</TABLE>
                                       3
<PAGE>
<TABLE>
<CAPTION>
                                       TRIDON ENTERPRISES INCORPORATED
                                     (A Company In The Development Stage)
                                           Statements Of Cash Flows

                                                          Inception To          Nine Months Ended
                                                           January 31,    January 31,    January 31,
                                                             2001             2001          2000
                                                          ------------   -------------  ------------
<S>                                                       <C>            <C>            <C>
Cash Flows From Operating Activities:
  Net Loss                                                $(13,043,350)  $(   46,731)   $(1,083,083)
    Adjustments to Reconcile Net Loss to Net
     Cash Used by Operations:
      Loss on Disposal of Segment                           (3,836,964)            0              0
      Loss on Permanent Impairment of Marketable
        Securities                                           1,120,050             0              0
      Gain on Sale of Marketable Securities                     (7,467)            0              0
      Write-Down of Investment                                  25,000             0              0
      Depreciation                                              14,032         1,686          1,946
      Increase in Allowance for Bad Debts                      372,948             0              0
      Professional Fees                                         12,885             0              0
      Outside Services Paid by Issuance of Common Stock      1,580,923             0         30,000
      Officers' Salaries Related to Common Stock Issued      1,697,328             0              0
      Operating Expenses Paid by Officer                       110,699             0              0
      Loan Fees Related to Common Stock Issued               1,049,016             0              0
      Write-Down of Screenplays                                 49,800             0              0
      Loss on Fixed Asset Disposal                               7,726         6,473              0
      Research and Development                                  88,000             0              0
      Interest Expense                                         354,745         5,000              0
      Reclassification of Common Stock Subscribed              225,000             0              0
      Forgiveness of Interest                                   (8,901)            0              0
      Maritime Loss                                          3,462,825             0              0
      Forgiveness of Debt                                     (123,994)            0              0
      Stock Issued in Litigation Settlement                    429,978             0        244,500
    (Increase) Decrease in:
      Prepaid Expenses                                         759,940             0        752,250
      Notes Receivable                                          (5,567)            0              0
      Interest Receivable                                      (25,000)            0              0
    Increase (Decrease) in:
      Accounts Payable and Accrued Expenses                    426,324        32,562         53,809
      Preferred Stock Subscription                              10,000             0              0
      Estimated Future Cost of Discontinued
       Operations                                                3,125             0              0
      Accounts Payable - Vintage Group, Inc.                    45,574             0              0
                                                          ------------   -------------  ------------
        Net Cash Used by
         Operating Activities                               (5,205,325)       (1,010)          (578)
                                                          ------------   -------------  ------------
</TABLE>


                                       4
<PAGE>

<TABLE>
<CAPTION>
                                       TRIDON ENTERPRISES INCORPORATED
                                     (A Company In The Development Stage)
                                           Statements Of Cash Flows
                                                  (Continued)

                                                           Inception To          Nine Months Ended
                                                           January 31,    January 31,    January 31,
                                                             2001             2001          2000
                                                          ------------   -------------  ------------
<S>                                                       <C>            <C>            <C>
Cash Flows From Investing Activities:
  Loans Made                                                  (375,757)            0        (35,000)
  Investments in Marketable Equity Securities                 (238,550)            0              0
  Proceeds from Sale of Securities                             440,743             0              0
  Sale of Common Stock                                          13,550             0              0
  Investment in Screenplays                                    (40,000)            0              0
  Purchase of Furniture and Equipment                          (26,881)            0              0
  Advances to Officers                                         (91,627)            0              0
  Investment in Production                                      (1,925)            0              0
  Repayments of Notes Receivable                                 6,000             0              0
                                                          ------------   -------------  ------------
      Net Cash Used by Investing Activities                   (314,447)            0        (35,000)
                                                          ------------   -------------  ------------
Cash Flows From Financing Activities:
  Proceeds from Issuance of Common Stock                     4,906,325             0         35,000
  Proceeds from Issuance of Convertible Preferred Stock        135,003             0              0
  Increase in Paid-In Capital                                   99,866             0              0
  Proceeds from Issuance of Convertible Notes Payable           59,025             0              0
  Advances from Officer                                        325,174             0          1,000
  Repayments of Advances from Officer                          (44,785)            0              0
  Advances from Vertex Marketing                                39,400             0              0
                                                          ------------   -------------  ------------
      Net Cash Provided By Financing Activities              5,520,008             0         36,000
                                                          ------------   -------------  ------------
Net Increase (Decrease) in Cash                                    236        (1,010)           422
Cash at Beginning of Period                                          4         1,250          1,031
                                                          ------------   -------------  ------------
Cash at End of Period                                     $        240   $       240    $     1,453
                                                          ============   =============  ============
</TABLE>





                                       5
<PAGE>

                         Tridon Enterprises Incorporated
                      (A Company in the Development Stage)
                                    UNAUDITED
                          Notes to Financial Statements


In the opinion of management,  the accompanying  unaudited financial  statements
contain all the normal  recurring  adjustments  necessary to present  fairly the
financial  position of the Company as of January  31,  2001,  the results of its
operations  for the three month  periods  ended  January 31, 2001,  and its cash
flows for the three month periods ended January 31, 2001.  Operating results for
the three month period ended January 31, 2001, are not necessarily indicative of
the results that may be expected for the year ended April 30, 2001.

1.   Organization and Summary of Significant Accounting Policies:

     Organization

Tridon Enterprises Incorporated (the "Company") was incorporated in the state of
Colorado on October 7, 1983 as Turco Computer Systems,  Inc. The Company changed
its name to Hammer Computer systems,  Inc. on September 27, 1984. On October 10,
1989 the shareholders voted to merge with Tridon Development Company, HCSI being
the surviving Corporation.  The Articles of Incorporation were amended to change
the Company name, new directors were elected and the Plan of Merger was approved
by  shareholders  voting  in  person  or by  proxy.  As a result  of the  merger
effective October 10, 1989 Hammer Computer Systems, Inc. exchanged 600 shares of
common stock in HCSI for each of the 30,000 shares of  outstanding  common stock
of Tridon Development Corporation

All of the assets of the Company have been  presented at their cost or estimated
fair value.


     Common Shares and Earnings per Share

The  computation of income per share is based on the weighted  average number of
shares outstanding during each fiscal period. To calculate earnings per share, a
base of 79,894,734 shares was used for January, 2001.


2.   Related Party Transactions

Vintage  Group  Inc.,  as a  condition  set forth in the  Agreement  and Plan of
Merger, canceled and forgave all debts and obligations owed Vintage by HCSI. The
Company  advanced  $5,000 to  Vintage  Group,  Inc.  during the  quarter  ending
January, 1994.

Beginning in September of 1991, CEO and Director,  Paul Ebeling, began advancing
the Corporation funds to purchase  equipment and pay for minimal office expenses
including rent for office space. In April 1995 Paul Ebeling  converted  $150,000
of his loan to the Company to Series A 7% cumulative convertible preferred stock
at the full offering price of $10.00 per share.

                                       6
<PAGE>

                         Tridon Enterprises Incorporated
                      (A Company in the Development Stage)
                                    UNAUDITED
                          Notes to Financial Statements

2.   Related Party Transactions (continued)

The son of Paul Ebeling, Nicholas Ebeling, purchased $2,500 of convertible notes
payable.  He has converted  his note into the Series A 7%  cumulative  preferred
stock.

The directors of the Company on September 21, 1998  authorized the conversion of
$10,845.00 of Paul Ebeling's  outstanding  loan to restricted  (Rule 144) common
stock at par according to the terms of the loan  agreement.  At the same meeting
the directors  authorized the conversion of the entire  outstanding  loan of The
Antebi  Children's  Insurance  Trust of 1995,  $3,464.00 at par according to the
terms of the loan agreement.

On December 9, 1998 the directors of the Company voted to convert  $51,375.00 of
Mr.  Paul  Ebeling's  outstanding  $104,202.00  loan to the  Company for 205,500
shares of North American  Exploration  Corporation  at  $.25/share.  Mr. Ebeling
elected  to convert  that  portion  of his loan and took  possession  of 205,500
shares  representing  all of the shares  held by the  Company in North  American
Exploration Corporation

On April 21, 1999, Mr. Paul Ebeling, the Chief Executive Officer and Chairman of
the  Board  of  Directors  of the  Company  tendered  his  resignation  from all
positions  with the Company.  The  resignations  were  accepted by the remaining
Board  of  Directors  when  tendered  and  the  resignations   became  effective
immediately.  Kevin Welch was nominated as interim Chief  Executive  Officer and
Chairman of the Board  pending  the  election  of  directors  at the next annual
meeting of  shareholders.  The  resignation  of Mr.  Ebeling stems from personal
matters  involving Mr.  Ebeling that are unrelated to the Company.  However,  in
light  of the  nature  of the  personal  issues  confronting  Mr.  Ebeling,  the
remaining  Board of  Directors  believed it to be in the best  interests  of the
Company that Mr.  Ebeling  forthwith  resign.  As of April 21, 1999, Mr. Ebeling
will have no further involvement with the Company.

On June 23, 1999, Mr. Ebeling entered into a definitive  written  agreement with
an  unrelated  third party to sell all right,  title and  interest in and to the
Series A Preferred Stock and Shares of Common Stock of the Company. The sale and
purchase agreement will close on July 1, 1999 at which time Mr. Ebeling will own
no further  shares of stock in the Company.  On March 15, 2000,  Nick Wieder,  a
director of the  Company,  was issued one million  shares of common stock of the
Company as director's  fees for the fiscal years ending April 30, 1999 and April
30, 2000. On February 21, 2001, the board of directors authorized Kevin Welch to
receive five million  shares of  restricted  common stock for the  conversion of
$16,600 in loans and advances  from Kevin Welch to the  Company,  as well as for
director's  fees for the fiscal years  ending April 30, 1999,  April 30 2000 and
through the current fiscal period ending January 31, 2001.

                                       7
<PAGE>

                         Tridon Enterprises Incorporated
                      (A Company in the Development Stage)
                                    UNAUDITED
                          Notes to Financial Statements

3.   Income Taxes

On April  30,  1987,  HCSI and its  subsidiary,  Certified  Software,  had a net
operating loss carry forward, which may or may not be utilized for tax
purposes. Due to timing differences in recording financial reporting and taxable
income,  HCSI and Certified had net operating loss carry  forwards  available to
reduce future federal taxable income of  approximately  $2,877,000,  expiring as
follows:


Year of Expiration           HCSI       Certified        Total
------------------           ----       ---------        -----
    2000                   118,000        357,000        475,000
    2001                 1,241,000        160,000      1,401,000
    2002                   608,000        393,000      1,001,000


Subsequent  to the  merger  of HCSI and  Tridon.  Development  Corporation,  the
Company  accumulated a loss carry forward of approximately  $524,000 for federal
income tax  purposes an a $259,000  tax loss carry  forward for  California  tax
purposes. Federal net operating losses (NOL's) are carried forward fifteen years
and expire between 2004 and 2009. State NOL's are carried forward for five years
and expire between 1997 and 2000. All loss carry forward  amounts are subject to
review by tax authorities.


4.   Notes Receivable

Madera International  Negotiable Promissory Note declared in default on June 29,
1998 and collection  proceedings are  contemplated  for  $349,997.00,  including
principal, interest, late charges and interest on late charges.


5.   Furniture and Equipment

Furniture  and  equipment  is  recorded  at purchase  cost and  depreciation  is
calculated  over 5 years using the straight  line method.  For the quarter ended
January,  2001  there  were no  purchases  of  furniture  and  equipment  by the
Corporation.


                                       8
<PAGE>


Item 2.   Management's Discussion and Analysis.

     On June 6, 2000, Tridon  Enterprises,  Inc. (the "Company") entered into an
agreement of reorganization with BzAds, Inc. ("BzAds"),  a Delaware Corporation.
To accomplish the acquisition, the Company intends to issue shares of its voting
common stock to the  shareholders  of BzAds in exchange of all of the issued and
outstanding  shares of common stock of BzAds. BzAds shall receive that number of
shares of common stock of the Company  following  the merger that will result in
BzAds owning ninety five percent (95%) of the issued and  outstanding  shares of
the Company following the acquisition.

On December 15, 2000,  prior to the effective date of the agreement,  management
of BzAds.com,  Inc.  requested a release from the agreement citing the inability
to obtain adequate financing and set-backs with its technology that would impede
BzAds.com,  Inc.'s  ability to execute its business  plan. On December 18, 2000,
the Board of Directors of Tridon Enterprises,  Inc. accepted  BzAds.com,  Inc.'s
request and executed a release from the agreement of  reorganization  dated June
6, 2000.

The  Registrant's  future is uncertain  as to the ability to meet the  financial
commitments required to maintain current SEC filings and to meet working capital
requirements.  The Registrant's  auditors have expressed uncertainty to continue
as  a  going  concern.  The  Registrant,  and  its  subsidiaries,  has  suffered
substantial losses since inception. In order to continue as a going concern, the
Registrant is dependent upon management's  ability to raise capital from various
sources,  including  loans from  shareholders,  advances  from  officers and the
development of an ongoing source of revenue.
Management will continue its efforts to seek an appropriate merger candidate for
the Registrant.

As of the date of this  filing,  the  authorized  capitalization  of the Company
consists of  100,000,000  shares of Common Stock,  with a par value of $.001 per
share and there are 79,894,734  shares issued and outstanding.  The Company also
has 20,000,000 shares of Convertible  Preferred Stock, with a par value of $.001
per share,  of which 53,300 shares are issued and outstanding as of this date of
this filing.


LIQUIDITY AND CAPITAL RESOURCES

     The  Company's  auditors has expressed  uncertainty  to continue as a going
concern.  The Company and its  subsidiaries,  have suffered  substantial  losses
since  inception.  In order to  continue  as a going  concern,  the  Company  is
dependent  upon  management's  ability to raise  capital from  various  sources,
including loans from shareholders, advances from officers and the development of
an ongoing source of revenue.


                                       9
<PAGE>

     In efforts to develop an ongoing source of revenue,  the Company executed a
reorganization  agreement with BzAds on June 6, 2000. Should the  reorganization
with BzAds.com,  Inc. fail to finalize,  the Company's future is uncertain as to
the ability to meet the financial  commitments  required to maintain current SEC
filings and to meet working capital requirements.


PART II-OTHER INFORMATION

Items 1 through 3.  No response required.


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

On October 10, 1989, a special  meeting of the  shareholders  of Hammer Computer
Systems,  Inc. (HCSI), a Colorado Corporation  incorporated in 1983, was held to
approve the  Agreement  and Plan of Merger,  signed on February,  1989, to merge
HCSI with Tridon Development  Corporation,  a Missouri Corporation  organized in
1988. In connection with the proposed merger, all the then existing officers and
directors of HCSI  tendered  their  resignations.  The  shareholders,  voting in
person or by proxy,  (a) approved the merger of Tridon  Development  Corporation
into Hammer  computer  Systems,  Inc.  (b)  elected  three new  Directors,  Paul
Ebeling,  Harold Antoine, and Frances Schmoker,  to the Board of Directors,  and
(c)approved an amendment to the articles of  incorporation to change the name of
the Company from Hammer Computer Systems, Inc. to Tridon Corporation.

On January  20,  1994,  the  stockholders  of the  Company in a special  meeting
approved a $1,000,000 offering of 7% cumulative  convertible preferred stock. On
June 7,  1994,  the  Company  issued  a  private  placement  memorandum  for the
offering. To January 31, 1996, the Company has received $140,000 for the sale of
preferred  stock and an additional  $48,000 of notes payable have been converted
into preferred stock. Paul Ebeling,  Company CEO, has converted  $150,000 of his
loan to the company to 15,000 shares of  convertible  preferred  stock at $10.00
per share, the offering price.

On February 22, 1996, the  stockholders of the Company  approved an amendment to
the Company's Articles of Incorporation:  that the officers and directors of the
Company  liability  be limited to the full  extent as  provided  for in Colorado
Corporations Code,  Section 7, Article 9, as amended.  The stockholders voted to
amend the Articles of  Incorporation  to change the name of the  Corporation  to
Tridon  Enterprises  Incorporated and to split the shares of the company one for
ten. The stockholders voted to form a wholly-owned subsidiary for the continuing
development  of  Vertex(R).  Vertex  Corporation,  a  Nevada  corporation,   was
incorporated on February 25, 1997 as a subsidiary.  On March 9, 1999 the Company
incorporated  Tridon  Communications  Corporation,  a Nevada  corporation,  as a
subsidiary.


                                       10
<PAGE>


Item 5. Exhibits and Reports on Form 8-K.

     a)   Exhibits

               None

     b)   Reports on Form 8-K

               Registrant filed an 8-K Current Report on December 19, 2000.



                                  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.


                                   TRIDON ENTERPRISES INCORPORATED
                                   Registrant



Date: March 14, 2001            By:     /s/ Kevin Welch
                                   --------------------------------
                                   Kevin Welch, CEO and Director


                                       11