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 September 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 0-16157

                              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 November 7, 2002, there were 9,755,000 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 - September 30, 2002 (Unaudited) and
                December 31, 2001

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

             Statement of Cash Flows - Three months and nine months
                ended September 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




<PAGE>                              -2-




                              TELE-OPTICS, INC.


                  PART I - FINANCIAL INFORMATION

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




<PAGE>                              -3-






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

<TABLE>
<CAPTION>
                                   ASSETS
                                   ------

                                        September 30,    December 31,
                                            2002             2001
                                        -------------    ------------
                                         (Unaudited)
<S>                                     <C>              <C>


Current Assets
    Cash                                $       114      $     3,614
                                        ===========      ===========



              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
              ----------------------------------------------

Current Liabilities
    Accounts payable                    $     1,670      $       -
    Deposit on stock                          1,000              -
    Accrued interest payable                    -                320
    Notes payable - stockholders                -              4,800
                                        -----------      -----------

        Total Current Liabilities             2,670            5,120
                                        -----------      -----------

Stockholders' Equity
  Common stock, $.001 par value,
    100,000,000 shares authorized,
    9,755,000 shares issued
    and outstanding as of
    September 30, 2002 and 8,000,000
    shares issued and outstanding
    as of December 31, 2001                   9,755            8,000
Additional paid-in capital                1,771,848        1,764,954

Deficit accumulated during
    development stage                       (76,950)         (67,251)
Accumulated deficit
    - from operations                    (1,707,209)      (1,707,209)
                                        -----------      -----------

    Total Stockholders' Equity               (2,556)          (1,506)
                                        -----------      -----------

     Total Liabilities
      and Stockholders' Equity          $       114      $     3,614
                                        ===========      ===========


</TABLE>



See accompanying notes to financial statements.




<PAGE>                              -4-






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



<TABLE>
<CAPTION>

                                   Three Months Ended            Nine Months Ended    January 1, 1999
                                     September 30,                 September 30,       (Inception) to
                                  2002           2001           2002           2001     Sept 30, 2002
                               ---------      ---------      ---------      ---------   -------------
<S>                           <C>            <C>            <C>            <C>          <C>


Revenues                      $      -       $      -       $      -       $      -       $  -

Administrative Expenses            2,832          2,019         10,019          8,265         77,270
                               ---------      ---------      ---------      ---------      ---------

Income (loss) from operations     (2,832)        (2,019)       (10,019)        (8,265)       (77,270)

Forgiveness of debt income           320            -              320            -              320
                               ---------      ---------      ---------      ---------      ---------

Net income (loss)             $   (2,512)    $   (2,019)    $   (9,699)    $   (8,265)    $  (76,950)
                               =========      =========      =========      =========      =========

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

Basic weighted average
 common shares outstanding     9,595,000      8,000,000      8,936,529      7,725,275      7,093,806
                               =========      =========      =========      =========      =========


</TABLE>



See accompanying notes to financial statements.




<PAGE>                              -5-






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




<TABLE>
<CAPTION>

                                  Three Months Ended             Nine Months Ended      January 1, 1999
                                    September 30,                  September 30,        (Inception) to
                                 2002           2001           2002           2001       Sept 30, 2002
                              ----------     ----------     ----------     ----------    -------------
<S>                           <C>            <C>            <C>            <C>

CASH FLOWS FROM
 OPERATING ACTIVITIES:
  Net loss                    $   (2,512)    $   (2,019)    $   (9,699)    $   (8,626)    $   (76,950)
   Adjustments to reconcile
   net loss to net cash used
   in operating activities:
   Stock issued for services         -              -              850            -          850
    Increase (decrease)
     in accounts payable          (1,471)           -            1,669           (740)          1,669
    Decrease in accrued
     interest payable               (320)           -             (320)           -               -
                               ---------      ---------      ---------      ---------      ----------

     Net cash used in
      operating activities        (4,303)        (2,019)        (7,500)        (9,366)        (66,831)
                               ---------      ---------      ---------      ---------      ----------

CASH FLOWS FROM FINANCING
 ACTIVITIES:
  Proceeds from loans from
   stockholders                      -              -              -            4,800           4,800
  Proceeds from sale
   of common stock                 3,000            -            3,000         10,000          33,000
  Deposit on stock                 1,000            -            1,000            -             1,000
                               ---------      ---------      ---------      ---------      ----------
     Net cash provided by
      financing activities         4,000            -            4,000         14,800          38,800
                               ---------      ---------      ---------      ---------      ----------

NET INCREASE (DECREASE)
   IN CASH                          (303)        (2,019)        (3,500)         5,434         (28,031)

CASH - BEGINNING OF PERIOD           417          8,388          3,614            935          28,145
                               ---------      ---------      ---------      ---------      ----------

CASH - END OF PERIOD          $      114     $    6,369     $      114     $    6,369     $       114
                               =========      =========      =========      =========      ==========


</TABLE>


See accompanying notes to financial statements




<PAGE>                              -6-





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


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

          The accompanying unaudited financial statements have been
          prepared in accordance with accounting principles generally
          accepted in the United States of America for interim financial
          information and with the instructions to Form 10-QSB and
          Regulation S-B of the Securities and Exchange Commission.
          Accordingly, they do not include all of the information and
          footnotes required by accounting principles generally accepted
          in the United States of America for complete financial
          statements 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
          nine months ended September 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
          accounting principles generally accepted in the United States
          of America 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
          -------------------------

          On June 4, 2002, the Company entered into an agreement with an
          investment banker 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.

          In July, 2002, the Company issued 480,000 shares of common





<PAGE>                              -7-




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






          stock to payoff the $4,800 in stockholders' notes payable.
          The accrued interest of $320 was forgiven.

          In July, 2002, the Company sold 150,000 shares of the
          Company's common stock to three (3) investors, for an
          aggregate price of $3,000 or $.02 per share.

          In September 2002, the Company determined to sell 50,000
          shares of the Company's common stock to one (1) investor, for
          an aggregate purchase price of $1,000 or $.02 per share.  The
          shares were in the process of being issued as of the date of
          the filing of this Report.

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

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

          In October 2002, the Company determined to sell 100,000 shares
          of the Company's common stock to one (1) investor, for an
          aggregate purchase price of $2,000 or $.02 per share.  The
          shares were in the process of being issued as of the date of
          the filing of this Report.





<PAGE>                              -8-






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. Businesses which seek the




<PAGE>                              -9-




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.

Item 3.   Control and Procedures
          ----------------------

     (a)  Evaluation of Disclosure Controls and Procedures.
          -------------------------------------------------




<PAGE>                              -10-





     Within the 90 days prior to the date of this report, Tele-Optics, Inc.
("the Company") carried out an evaluation, under the supervision and with
the participation of the Company's management, including the Company's
President and Secretary/Treasury, of the effectiveness of the design and
operation of the Company's disclosure controls and procedures pursuant to
Exchange Act Rule 13a-14.  Based upon that evaluation, the President and
Secretary/Treasurer concluded that the Company's disclosure controls and
procedures are effective in timely alerting the Company to material
information required to be included in the Company's periodic SEC filings
relating to the Company (including its consolidated subsidiaries).

     (b)  Changes in Internal Controls
          ----------------------------

     There were no significant changes in the Company's internal controls
or in other factors that could significantly affect these internal controls
subsequent to the date of our most recent evaluation.




<PAGE>                              -11-




                                  PART II
                                  -------


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

            Not applicable.

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

            On June 4, 2002, the Company entered into an agreement with an
            investment banker 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.

            In July, 2002, the Company issued 480,000 shares of common
            stock to payoff the $4,800 in stockholders' notes payable.
            The accrued interest of $320 was forgiven.


            In July, 2002, the Company sold 150,000 shares of the
            Company's common stock to three (3) investors, for an
            aggregate price of $3,000 or $.02 per share.

            In September 2002, the Company determined to sell 50,000
            shares of the Company's common stock to one (1) investor, for
            an aggregate purchase price of $1,000 or $.02 per share.  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.




<PAGE>                              -12-




                                 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: November 7, 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 September 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:

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

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

                           TELE-OPTICS, INC.

Dated: November 7, 2002    By:/s/John Little
                              ----------------------
                              John Little, President

Dated: November 7, 2002    By:/s/David A. Carter
                              -------------------------------------
                              David A. Carter, Secretary/Treasurer





<PAGE>                              -13-





                              CERTIFICATIONS
                              --------------

  I, John Little, President of Tele-Optics, Inc., hereby certify that:

    3.     I have reviewed this quarterly report on Form 10-QSB of
           Tele-Optics, Inc.;

    4.     Based on my knowledge, this quarterly report does not contain
           any untrue statement of a material fact or omit to state a
           material fact necessary to make the statements made, in light of
           the circumstances under which such statements were made, not
           misleading with respect to the period covered by this quarterly
           report;

    5.     Based on my knowledge, the financial statements, and other
           financial information included in this quarterly report, fairly
           present in all material respects the financial condition, results
           of operations and cash flows of the registrant as of, and for,
           the periods presented in this quarterly report;

    6.     I am responsible for establishing and maintaining disclosure
           controls and procedures (as defined in Exchange Act Rules 13a-14
           and 15d-14) for the registrant and I have:

           (g)  designed such disclosure controls and procedures to ensure
                that material information relating to the registrant,
                including its consolidated subsidiaries, is made known to me
                by others within those entities, particularly during the
                period in which this quarterly report is being prepared;

           (h)  evaluated the effectiveness of the registrant's disclosure
                controls and procedures as of a date within 90 days prior to
                the filing date of this quarterly report (the "Evaluation
                Date"); and

           (i)  presented in this quarterly report my conclusions about the
                effectiveness of the disclosure controls and procedures based
                on my evaluation as of the Evaluation Date;

    5.     I have disclosed, based on my most recent evaluation, to the
           registrant's auditors and to the audit committee of registrant's
           board of directors (or persons performing the equivalent function):

           (a)  all significant deficiencies in the design or operation of
                internal controls which could adversely affect the





<PAGE>                              -14-




                registrant's ability to record, process, summarize and report
                financial data and have identified for the registrant's
                auditors any material weaknesses in internal controls; and


           (b)  any fraud, whether or not material, that involves management
                or other employees who have a significant role in the
                registrant's internal controls; and

    6.     I have indicated in this quarterly report whether or not there
           were significant changes in internal controls or in other factors
           that could significantly affect internal controls subsequent to
           the date of my most recent evaluation, including any corrective
           actions with regard to significant deficiencies and material
           weaknesses.



Date: November 7, 2002               /s/John Little
                                     -----------------------
                                     John Little, President




<PAGE>                              -15-





                               CERIFICATIONS
                               -------------

    I, David A. Carter, Secretary/Treasurer of Tele-Optics, Inc., hereby
certify that:

    7.     I have reviewed this quarterly report on Form 10-QSB of
           Tele-Optics, Inc.;

    8.     Based on my knowledge, this quarterly report does not contain
           any untrue statement of a material fact or omit to state a
           material fact necessary to make the statements made, in light of
           the circumstances under which such statements were made, not
           misleading with respect to the period covered by this quarterly
           report;

    9.     Based on my knowledge, the financial statements, and other
           financial information included in this quarterly report, fairly
           present in all material respects the financial condition, results
           of operations and cash flows of the registrant as of, and for,
           the periods presented in this quarterly report;

    10.    I am responsible for establishing and maintaining disclosure
           controls and procedures (as defined in Exchange Act Rules 13a-14
           and 15d-14) for the registrant and I have:

           (k)  designed such disclosure controls and procedures to ensure
                that material information relating to the registrant,
                including its consolidated subsidiaries, is made known to me
                by others within those entities, particularly during the
                period in which this quarterly report is being prepared;

           (l)  evaluated the effectiveness of the registrant's disclosure
                controls and procedures as of a date within 90 days prior to
                the filing date of this quarterly report (the "Evaluation
                Date"); and

           (m)  presented in this quarterly report my conclusions about the
                effectiveness of the disclosure controls and procedures based
                on my evaluation as of the Evaluation Date;

     5.     I have disclosed, based on my most recent evaluation, to the
            registrant's auditors and to the audit committee of registrant's
            board of directors (or persons performing the equivalent function):

           (a)  all significant deficiencies in the design or operation of
                internal controls which could adversely affect the





<PAGE>                              -16-





                registrant's ability to record, process, summarize and report
                financial data and have identified for the registrant's
                auditors any material weaknesses in internal controls; and

           (b)  any fraud, whether or not material, that involves management
                or other employees who have a significant role in the
                registrant's internal controls; and

     6.     I have indicated in this quarterly report whether or not there
            were significant changes in internal controls or in other factors
            that could significantly affect internal controls subsequent to
            the date of my most recent evaluation, including any corrective
            actions with regard to significant deficiencies and material
            weaknesses.


Date: November 7, 2002              /S/David A. Carter
                                    ---------------------
                                    David A. Carter
                                    Secretary/Treasurer




<PAGE>                              -17-