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 July 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)

     345 North  Maple  Drive,  Suite 281  Beverly  Hills,  CA 90210
           (Address of principal executive offices)       (Zip code)

               Registrant's telephone number, including area code:
                                  (310) 276-6742


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

                   Common Shares, par value $.001 per share

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  July  31,  2001,  there  were  92,438,053  shares   outstanding  of  the
Registrant's common stock, $.001 par value.

<PAGE>


                         TRIDON ENTERPRISES INCORPORATED
                                      10-Q

                                      INDEX


Part I. Financial Information

        Item 1. Consolidated Financial Statements (unaudited)

                Balance Sheets                                             3

                Statements of Operations                                   4

                Statements of Cash Flows                                   5-6

                Notes to Consolidated Financial Statements                 7

        Item 2. Management's Discussion and Analysis
                of Financial Condition and Results of
                Operation                                                  8

Part II.   OTHER INFORMATION

Item 1.    Legal Proceedings                                               8

Item 2.    Change in Securities and Use of Proceeds                        8

Item 3.    Defaults Upon Senior Securities                                 8

Item 4.    Submission of Matters to a Vote of Security Holders             9

Item 5.    Other Information                                               9

Item 6.    Exhibits and Reports on Form 8-K                                9

SIGNATURES                                                                10





                                       2

<PAGE>
PART I.   FINANCIAL INFORMATION

Item 1.   Financial Statements

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

                                     Assets
                                                      July 31, 2001    April 30, 2001
                                                      -------------    --------------
                                                       (Unaudited)        (Audited)
<S>                                                   <C>              <C>
Current Assets:
     Cash                                             $         162    $          171
     Notes Receivable and Interest Receivable               277,310           277,310
     Less Allowance for Bad Debt                           (277,310)         (277,310)
                                                      -------------    --------------
         Total Current Assets                                   162               171
Furniture and Equipment - at Cost                            17,993            17,993
     Accumulated Depreciation                               (13,799)          (13,335)
                                                      -------------    --------------
         Net Furniture and Equipment                          4,194             4,658
                                                      -------------    --------------
         Total Assets                                 $       4,356    $        4,829
                                                      =============    ==============

                 Liabilities And Stockholders' Equity (Deficit)
Current Liabilities:
     Accounts Payable and Accrued Expenses           $      289,603    $      287,338
     Advances from Stockholder                               99,273           172,630
     Advances from Vertex Marketing                          39,400            39,400
                                                      -------------    --------------
         Total Current Liabilities                          428,276           499,368
Commitments And Contingencies                                     -                 -
                                                      -------------    --------------
         Total Liabilities                                  428,276           499,368
                                                      -------------    --------------
Stockholders' Equity (Deficit):
     Common Stock, $.001 Par Value, 100,000,000
       Shares Authorized, 92,438,053 and 88,591,886
       Shares Issued Outstanding Respectively                92,438            88,592
     Preferred Stock, 7% Cumulative Convertible, Par
      Value $.001, 20,000,000 Shares Authorized,
      35,800 Shares Issued And Outstanding                       36                36
     Additional Paid-In Capital                          12,776,737        12,686,121
     Deficit Accumulated During Development Stage       (13,293,131)      (13,269,288)
                                                      -------------    --------------
         Total Stockholders' Equity (Deficit)              (423,920)         (494,539)
                                                      -------------    --------------
         Total Liabilities And Stockholders'
            Equity (Deficit)                          $       4,356   $         4,829
                                                      =============   ===============
</TABLE>

                See accompanying notes to financial statements.
                                       3
<PAGE>
<TABLE>
<CAPTION>
                         TRIDON ENTERPRISES INCORPORATED
                      (A Company In The Development Stage)
                            Statements Of Operations
                                                                         Three Months       Three Months
                                                         Inception To        Ended              Ended
                                                        July 31, 2001    July 31, 2001      July 31, 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                             6,362,261            3,581              8,459
Consulting Fees                                               752,250                0                  0
     Research and Development                                 132,697                0                  0
     Computer Software Development Costs                      630,066                0                  0
     Interest                                                 893,637           19,462              5,000
                                                        -------------    -------------      -------------
         Total Operating Expenses                           8,770,911           23,043             13,459
                                                        -------------    -------------      -------------
         Net Loss from Operations                          (8,801,763)         (23,043)           (13,459)
                                                        -------------    -------------      -------------
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                                                  97,949                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
     Realized Gain on Disposition of
         Marketable Securities                                  2,720                0                  0
     Loss on Permanent Impairment of Securities            (1,120,050)               0                  0
     Miscellaneous                                              1,043                0                  0
     Bad Debt Expense                                        (395,149)               0                  0
     Litigation Settlement                                   (429,978)               0                  0
                                                        -------------    -------------      -------------
              Total Other Income (Loss)                    (6,505,419)               0                  0
                                                        -------------    -------------      -------------
Loss from Continuing Operations Before Income Tax
Benefit (Expense)                                         (15,307,182)         (23,043)           (13,459)
Income Tax Benefit (Expense)                                   79,405             (800)              (800)
                                                        -------------    -------------      -------------
Loss from Continuing Operations                           (15,227,777)         (23,843)           (14,259)
Gain on Disposal of Segment                                 3,836,964                0                  0
Loss on Discontinued Operations                            (1,854,000)               0                  0
                                                        -------------    -------------      -------------
Net Loss                                                $ (13,244,813)   $     (23,843)     $     (14,259)
                                                        =============    =============      =============
Loss Per Share                                                           $        (.00)     $        (.00)
                                                                         =============      =============
Weighted Average Number of Shares Outstanding                               89,553,428         79,644,734
                                                                         =============      =============
</TABLE>
                See accompanying notes to financial statements.
                                        4
<PAGE>
<TABLE>
<CAPTION>
                         TRIDON ENTERPRISES INCORPORATED
                      (A Company In The Development Stage)
                            Statements Of Cash Flows

                                                                         Three Months       Three Months
                                                         Inception To        Ended              Ended
                                                        July 31, 2001    July 31, 2001      July 31, 2000
                                                        -------------    -------------      -------------
<S>                                                     <C>              <C>                <C>
Cash Flows From Operating Activities:
 Net Loss                                               $ (13,244,813)   $     (23,843)     $     (14,259)
   Adjustments to Reconcile Net Loss to Net
    Cash Provided (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                                              14,961              464                636
     Increase in Allowance for Bad Debts                      414,365                0                  0
     Professional Fees                                         12,885                0                  0
     Outside Services Paid by Issuance of Common Stock      1,580,923                0                  0
     Officers' Salaries Related to Common Stock Issued      1,758,728                0                  0
     Operating Expenses Paid by Officer/Stockholder           168,358            1,643                  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                0                  0
     Research and Development                                  88,000                0                  0
     Interest Expense                                         374,207           19,462              5,000
     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                  0
   (Increase) Decrease in:
     Prepaid Expenses                                         759,940                0                  0
     Notes Receivable                                          (9,417)               0                  0
     Interest Receivable                                      (25,000)               0                  0
   Increase (Decrease) in:
     Accounts Payable and Accrued Expenses                    450,692            2,265              8,097
     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 Provided (Used) by
         Operating Activities                              (5,205,403)              (9)              (526)
                                                        -------------    -------------      -------------
</TABLE>

                See accompanying notes to financial statements.
                                        5
<PAGE>

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

                                                                         Three Months       Three Months
                                                         Inception To        Ended              Ended
                                                        July 31, 2001    July 31, 2001      July 31, 2000
                                                        -------------    -------------      -------------
<S>                                                     <C>              <C>                <C>
Cash Flows From Investing Activities:
 Loans Made                                                  (375,757)               0                  0
 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 Provided (Used) by Investing Activities        (314,447)               0                  0
                                                        -------------    -------------      -------------
Cash Flows From Financing Activities:
 Proceeds from Issuance of Common Stock                     4,906,325                0                  0
 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                  0
 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                  0
                                                        -------------    -------------      -------------
Net Increase (Decrease) in Cash                                   158               (9)              (526)
Cash at Beginning of Period                                         4              171              1,250
                                                        -------------    -------------      -------------
Cash at End of Period                                   $         162     $        162      $         724
                                                        =============     ============      =============
</TABLE>

                See accompanying notes to financial statements.

                                        6
<PAGE>

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

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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 July 31,  2001,  the  results of its
operations  for the three month  periods  ended July 31, 2001 and 2000,  and its
cash flows for the three month periods  ended July 31, 2001 and 2000.  Operating
results for  the three month  period  ended July 31,  2001  are not  necessarily
indicative  of the  results  that may be  expected  for the year ended April 30,
2002.

Basis of Consolidation and Combination

The  consolidated  financial  statements  for July 31, 2001 and 2000 include the
accounts of Tridon Enterprises,  Incorporated and its wholly-owned subsidiaries,
Vertex   Corporation   and  Tridon   Communications   Corporation.   Significant
intercompany  accounts and transactions  have been eliminated in  consolidation.
Both Vertex Corporation and Tridon Communications  Corporation were inactive for
the three months ended June 31, 2001 and 2000.

Use of Estimates

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


Basis of Presentation

The  Companies  have  not  generated   significant   revenues  since  inception.
Consequently, the accompanying financial statements have been prepared using the
accounting  formats  prescribed for development  stage enterprises in accordance
with Financial Accounting Standards Board Statement 7.


Cash Equivalents

The Companies consider all highly liquid  investments  purchased with a maturity
of three months or less to be cash equivalents.


Earnings per Common Share

Net loss per share is  computed  using  the  weighted  average  number of common
shares outstanding during the period.  Stock options have not been considered in
the calculation of loss per share because they are antidilutive.


                                       7

<PAGE>

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

FORWARD LOOKING STATEMENTS

This report contains certain  forward-looking  statements  within the meaning of
Section 27A of the  Securities  Act of 1933, as amended,  and Section 21E of the
Securities Exchange Act of 1934, as amended. Stockholders are cautioned that all
forward-looking  statements  involve risks and  uncertainty,  including  without
limitation,  the ability of us develop our  technology  and execute our business
plan.  Although  we  believe  the  assumptions  underlying  the  forward-looking
statements  contained  herein are reasonable,  any of the  assumptions  could be
inaccurate,  and therefore,  there can be no assurance that the  forward-looking
statements contained in the report will prove to be accurate.

LIQUIDITY AND CAPITAL RESOURCES

The Company had a net loss of $23,843 for the three  months  ended July 31, 2001
compared  to a net loss of $14,259  for the same  period in July 31,  2000.  The
Company does not generate any cash from operations.

The  Company's  future is  uncertain  as to its  ability  to meet the  financial
commitments required to maintain current SEC filings and to meet working capital
requirements.

The  Company  and  its  subsidiaries  have  suffered  substantial  losses  since
inception.  The  long-term  continuation  of the  Company as a going  concern is
dependent  upon the  Company's  ability  to  establish  itself  as a  profitable
business.  It is  Management's  belief that the Company  will  continue to incur
losses  during the current year and require  additional  funds.  The  additional
funding will be obtained  from private or public equity  investment,  loans from
shareholders,   advances  from  officers,   and  possible  future  collaborative
agreements.  It is  Management's  goal to merge the  Company  with a  profitable
operating company in order to create a viable entity.  There can be no assurance
the Company's will be successful in achieving these objectives.


Part II.   OTHER INFORMATION

Item 1.    Legal Proceedings

None


Item 2.    Change in Securities and Use of Proceeds

None


Item 3.    Defaults Upon Senior Securities

None

                                       8

<PAGE>


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

Not applicable


Item 5.    Other Information

Not applicable


Item 6.    Exhibits and Reports on Form 8-K

(a)      Exhibits

None

(b)      Reports on Form 8-K

None






                                       9
<PAGE>

                                   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 and on the
dates indicated by the undersigned thereunto duly authorized.

                                         TRIDON ENTERPRISES INCORPORATED


                                          /s/ Brian T. Brick
Date:     September 24, 2001         By:  --------------------------
                                          Brian T. Brick
                                          Chief Executive Officer
                                          (Principal Executive Officer and
                                          Principal Financial Officer)






                                       10