U.S. Securities and Exchange Commission
                      Washington, DC 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
                                       ---------------


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


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


               Commission File number 0-161470
                                     ----------

                       TELE-OPTICS, INC.
-----------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)

         Delaware                                65-0008442
-------------------------------               -------------------
(State of other jurisdiction of                (I.R.S. Employer
incorporation or organization)                Identification No.)

     21218 St. Andrews Boulevard, #642, Boca Raton, FL 33433
     -------------------------------------------------------
      (Address of principal executive office and zip code)

                         (561) 360-4951
                   ---------------------------
                   (Issuer's telephone number)

    -----------------------------------------------------
    (Former name, former address, and former fiscal year,
                if changed since last report)

     Check whether the Issuer (1) filed all reports required to be
filed by Section 13 or 15 (d) of the Exchange Act of 1934 during
the past 12 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 at least the past 90 days.

                Yes  [X]                  No [ ]


              APPLICABLE ONLY TO CORPORATE ISSUERS

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

     On August 5, 2001, there were 9,125,000 shares of the
Registrant's Common Stock issued and outstanding.


<PAGE>


                        TELE-OPTICS, INC.

                              INDEX


PART I.    FINANCIAL INFORMATION

     Item 1.   Financial Statements

               Accountant's Report

               Balance Sheet - June 30, 2002 (Unaudited) and
               December 31, 2001

               Statement of Operations - Three months and six
               months ended June 30, 2002 and 2001 (Unaudited).

               Statement of Cash Flows - Three months and six
               months ended June 30, 2002 and 2001 (Unaudited).

               Notes to Financial Statements.

     Item 2.   Management's Discussion and Analysis of Financial
               Condition or Plan of Operation.

PART II.   OTHER INFORMATION

     Item 1.   Legal Proceedings

     Item 2.   Changes in Securities

     Item 3.   Defaults Upon Senior Securities

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

     Item 5.   Other Information

     Item 6.   Exhibits and Reports on Form 8-K

SIGNATURES




                               -2-
<PAGE>


                         TELE-OPTICS, INC.


                  PART I - FINANCIAL INFORMATION


Item I.   Financial Statements
          --------------------





                               -3-
<PAGE>

                        TELE-OPTICS, INC.
                  (A Development Stage Company)
                          BALANCE SHEET
                           (Unaudited)


<TABLE>
<CAPTION>
               ASSETS
               ------
                                    June 30,       December 31,
                                      2002             2001
                                   -----------     ------------
                                   (Unaudited)
<S>                                <C>             <C>
Current Assets
  Cash                             $       417     $      3,614
                                   ===========     ============


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

Current Liabilities
  Accounts payable                 $     3,140      $       -
  Accrued interest payable                 320              320
  Notes payable - stockholders           4,800            4,800
                                   -----------     ------------
     Total Current Liabilities           8,260            5,120
                                   -----------     ------------

Stockholders' Equity
  Common stock, $.001 par value,
   100,000,000 shares authorized,
   8,850,000 shares issued
   and outstanding as of
   June 30, 2002 and 8,000,000
   shares issued and outstanding
   as of December 31, 2001               8,850            8,000
Additional paid-in capital           1,764,954        1,764,954
Deficit accumulated during
 development stage                     (74,438)         (67,251)
Accumulated deficit
  - from operations                 (1,707,209)      (1,707,209)
                                   -----------     ------------
     Total Stockholders' Equity         (7,843)          (1,506)
                                   -----------     ------------
     Total Liabilities
      and Stockholders' Equity     $       417     $      3,614
                                   ===========     ============
</TABLE>




See accompanying notes to financial statements.




                               -4-
<PAGE>



                           TELE-OPTICS, INC.
                      (A Development Stage Company)
                        STATEMENT OF OPERATIONS
                            (UNAUDITED)

<TABLE>
<CAPTION>

                                 Three Months Ended             Six Months Ended         January 1, 1999
                                      June 30,                       June 30,            (Inception) to
                                 2002           2001           2002           2001        June 30, 2002
                              ----------     ----------     ----------     ----------    ---------------
<S>                           <C>            <C>            <C>            <C>           <C>
Revenues                      $      -       $      -       $      -       $      -         $      -

Administrative Expenses            5,123          4,241          7,187          6,607            74,438
                              ----------     ----------     ----------     ----------       -----------

Net income (loss)             $   (5,123)    $   (4,241)    $   (7,187)    $   (6,607)      $   (74,438)
                              ==========     ==========     ==========     ==========       ===========

Basic net loss
 per common share             $    (0.00)    $    (0.00)    $    (0.00)    $    (0.00)      $     (0.01)

Basic weighted average
 common shares outstanding     8,850,000      7,670,330      8,441,436      7,585,363         6,913,609
                              ==========     ==========     ==========     ==========       ===========
</TABLE>










See accompanying notes to financial statements.





                               -5-
<PAGE>


                          TELE-OPTICS, INC.
                    (A Development Stage Company)
                      STATEMENT OF CASH FLOWS
                            (UNAUDITED)
<TABLE>
<CAPTION>

                                    Three Months Ended             Six Months Ended         January 1, 1999
                                         June 30,                       June 30,            (Inception) to
                                    2002           2001           2002           2001        June 30, 2002
                                 ----------     ----------     ----------     ----------    ---------------
<S>                              <C>            <C>            <C>            <C>           <C>
CASH FLOWS FROM
 OPERATING ACTIVITIES:
 Net loss                       $    (5,123)    $   (4,241)    $   (7,187)    $   (6,607)    $   (74,438)
   Adjustments to reconcile
   net loss to net cash used
   in operating activities:
    Increase (decrease)
      in accounts payable             3,140           (635)         3,140           (740)          3,140
    Stock issued for services          -              -               850           -              8,450
                                 ----------     ----------     ----------     ----------    ------------
     Net cash used in
      operating activities           (1,983)        (4,876)        (3,197)        (7,347)        (62,528)
                                 ----------     ----------     ----------     ----------    ------------

CASH FLOWS FROM FINANCING
 ACTIVITIES:
  Proceeds from loans from
    stockholders                       -              -              -             4,800           4,800
  Proceeds from sale
    of common stock                    -            10,000           -            10,000          30,000
                                 ----------     ----------     ----------     ----------    ------------
     Net cash provided by
      financing activities             -            10,000           -            14,800          34,800
                                 ----------     ----------     ----------     ----------    ------------

NET INCREASE (DECREASE)
  IN CASH                            (1,983)         5,124         (3,197)         7,453         (27,728)

CASH - BEGINNING OF PERIOD            2,400          3,264          3,614            935          28,145
                                 ----------     ----------     ----------     ----------    ------------
CASH - END OF PERIOD             $      417     $    8,388     $      417     $    8,388    $        417
                                 ==========     ==========     ==========     ==========    ============
</TABLE>


See accompanying notes to financial statements




                               -6-
<PAGE>


                          TELE-OPTICS, INC.
                   (A Development Stage Company)
                   NOTES TO FINANCIAL STATEMENTS
                           JUNE 30, 2002


NOTE 1 -  BASIS OF PRESENTATION
          ---------------------

          The accompanying unaudited financial statements have been
          prepared in accordance with generally accepted accounting
          principles for interim financial information and with the
          instructions to Form 10-QSB and Regulation S-B 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 and should be read in conjunction
          with Notes to Financial Statements contained in the
          Company's Annual Report on Form 10-KSB for the year ended
          December 31, 2001.  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 six months ended
          June 30, 2002 are not necessarily indicative of the
          results that may be expected for the year ended December
          31, 2002.

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

NOTE 2 -  COMMON STOCK TRANSACTIONS
          -------------------------

          During March 2002, the Company issued 850,000 shares of
          common stock as compensation for services rendered by
          various officers and others to the Company.  The stock
          was issued on March 28, 2002 and was valued at $.001 per
          share.

NOTE 3 -  GOING CONCERN
          -------------

          The accompanying financial statements have been prepared
          assuming that the Company will continue as a going
          concern.  The Company has sustained recurring operating
          losses and has minimal assets. These factors raise



                               -7-
<PAGE>



                          TELE-OPTICS, INC.
                   (A Development Stage Company)
                   NOTES TO FINANCIAL STATEMENTS
                           JUNE 30, 2002

          substantial doubt as to the Company's ability to continue
          as a going concern.



NOTE 4 -  SUBSEQUENT EVENT
          ----------------

          On June 4, 2002, the Company entered into an agreement
          with a financial advisory company for future services in
          exchange for 275,000 shares of the Company's common
          stock.  These shares of stock were issued on July 10,
          2002 and were priced at $.001 per share.

          On July 19, 2002, the Company determined to sell 150,000
          shares of the Company's common stock to three (3)
          investors, two (2) of which are officers and directors of
          the Company, for an aggregate purchase price of $3,000 or
          $.02 per share.  The shares were in the process of being
          issued as of the date of the filing of this Report.

          On July 19, 2002, the Company determined to issue 480,000
          shares of the Company's common stock to holders of the
          Company's Promissory Notes dated March 1, 2001 (the
          "Notes") in the aggregate amount of $4,800 in
          consideration for the cancellation of the Notes and the
          waiver of payment of interest on the Notes.  The shares
          were in the process of being issued as of the date of the
          filing of this Report.



                               -8-
<PAGE>



ITEM 2 -  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
          FINANCIAL CONDITION OR PLAN OF OPERATION
          ----------------------------------------

     Plan of Operation
     -----------------

     The Registrant is presently a development stage company
conducting minimal business operations.  The Company is attempting
to effect a merger, exchange of capital stock, asset acquisition or
other similar business combination (a "Business Combination") with
an operating or development stage business which the Registrant may
consider to have significant growth potential.

     As indicated above, management has determined that the
Company's business plan during the next twelve (12) months is
primarily to seek one or more potential businesses which may, in
the opinion of management, warrant the Company's involvement.  The
Company recognizes that as a result of its limited financial,
managerial or other resources, the number of suitable potential
businesses which may be available to it will be extremely limited.
In seeking to attain its business objective, the Company will not
restrict its search to any particular industry.  Rather, the
Company may investigate businesses of essentially any kind or
nature, including but not limited to, finance, high technology,
manufacturing, service, sports, research and development,
communications, insurance, brokerage, transportation and others.
Notwithstanding the foregoing, management does not intend to become
involved with a company which is an "investment company" under the
Investment Company Act of 1940, or with a company which may be
deemed an "investment advisor" under the Investment Advisors Act of
1940.

     Further, the Company does not intend to become an investment
company or an investment advisor.  Otherwise, management's
discretion is unrestricted and it may participate in any business
whatsoever which may, in the opinion of management, meet the
business objectives discussed herein.  It is emphasized that the
business objectives discussed herein are extremely general and are
not intended to be restrictive upon the discretion of management.
As of the date of this report, the Company has not chosen the
particular area of business in which its proposes to engage and has
not conducted any market studies with respect to any business or
industry, although management of the Company has had preliminary
discussions with a variety of enterprises.

     The Company will not restrict its search to any specific
industry, except as set forth above.  At this time, it is
impossible to determine the needs of the business in which the
Company may seek to participate, and whether such business may
require additional capital, management, or may be seeking other
advantages which the Company may offer.

     Possible business endeavors may involve the acquisition of or
a merger with a company which does not need additional equity, but
seeks to establish a public trading market for its securities.



                               -9-
<PAGE>



Businesses which seek the Company's participation in their
operations may desire to do so to avoid what such businesses deem
to be adverse factors related to undertaking a public offering.
Such factors include substantial time requirements and legal costs,
along with other conditions or requirements imposed by Federal and
state securities laws.

     The analysis of potential business endeavors will be
undertaken by, or under, the supervision of the Company's
management.  Management is comprised of individuals of varying
business experiences, and management will rely on their own
business judgment in formulating decisions as to the types of
businesses which the Company may acquire or in which the Company
may participate.  It is quite possible that management will not
have any business experience or expertise in the type of businesses
engaged in by a potential business which may be investigated by the
Company.

     It is anticipated that locating and investigating specific
proposals will take a substantial period of time, although the time
such process will take can by no means be assured.  Further, even
after a business is located, the negotiation, drafting and
execution of relevant agreements, disclosure documents and other
instruments may require substantial additional time, effort and
attention on the part of management, as well as substantial costs
for attorneys, accountants and others.  If a decision is made not
to participate in a specific business endeavor, the costs
theretofore incurred in the related investigation might not be
recoverable.  Furthermore, even if an agreement were reached for
the participation in a specific business, the failure to consummate
that transaction might result in the loss to the Company of the
related costs incurred.

     Since the Company's operating expenses, in management's
opinion, will be minimal during the next twelve (12) months or
until the Company is able to engage in meaningful operations, the
Company does not anticipate a liquidity deficiency.  It is
anticipated that the Company's current management and others will
fund the Company's operations, if required, by loans and/or
contributions of capital.  The Company has no present commitment
that is likely to result in its liquidity increasing or decreasing
in any material way.  In addition, the Company knows of no trend,
additional demand, event or uncertainty that will result in, or
that are reasonably likely to result in, the Company's liquidity
increasing or decreasing in any material way.  The Company has no
material commitments for capital expenditures.  The Company knows
of no material trends, favorable or unfavorable, in the
Registrant's capital resources.  The Company has no outstanding
credit lines or credit commitments in place and has no current need
for financial credit.



                               -10-
<PAGE>

                             PART II


Item 1.   LEGAL PROCEEDINGS
          -----------------

          Not applicable.


Item 2.   CHANGE IN SECURITIES
          --------------------

          On June 4, 2002, the Company entered into an agreement
          with a financial advisory company for future services in
          exchange for 275,000 shares of the Company's common
          stock.  These shares of stock were issued on July 10,
          2002 and were priced at $.001 per share.

          On July 19, 2002, the Company determined to sell 150,000
          shares of the Company's common stock to three (3)
          investors, two (2) of which are officers and directors of
          the Company, for an aggregate purchase price of $3,000 or
          $.02 per share.  The shares were in the process of being
          issued as of the date of the filing of this Report.

          On July 19, 2002, the Company determined to issue 480,000
          shares of the Company's common stock to holders of the
          Company's Promissory Notes dated March 1, 2001 (the
          "Notes") in the aggregate amount of $4,800 in
          consideration for the cancellation of the Notes and the
          waiver of payment of interest on the Notes.  The shares
          were in the process of being issued as of the date of the
          filing of this Report.


Item 3.   DEFAULTS UPON SENIOR SECURITIES
          -------------------------------

          Not Applicable


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)  There are no exhibits required to be filed for the
               period covered by this Report.

          (b)  There were no reports filed on Form 8-K for the
               period covered by this Report.




                               -11-
<PAGE>



                            SIGNATURES


     In accordance with the requirements of the Exchange Act, the
Registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                     TELE-OPTICS, INC.


Dated: August 12, 2002               By:  /s/ John P. Little
                                        ---------------------------
                                        John P. Little, President


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

     In connection with the accompanying quarterly Report on Form
10-QSB of Tele-Optics, Inc. for the period ended June 30, 2002,
John Little, President, and David A. Carter, Secretary and
Treasurer of Tele-Optics, Inc.  hereby certify pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, to the best of our knowledge and
belief, that:

(a)  such quarterly Report on Form 10-QSB for the period ended June
     30, 2002, fully complies with the requirements of section
     13(a) or 15(d) of the Securities Exchange Act of 1934; and

(b)  the information contained in such quarterly Report on Form 10-
     QSB for the period ended June 30, 2002, fairly presents, in
     all material respects, the financial condition and results of
     operations of Tele-Optics, Inc.

                                    TELE-OPTICS, INC.


Dated: August 12, 2002              By:/s/ John P. Little
                                       ---------------------------
                                       John Little, President


Dated: August 12, 2002              By:/s/ David A. Carter
                                       ---------------------------
                                       David A. Carter,
                                       Secretary/Treasurer



                               -12-
<PAGE>