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, 2001
                                        ------------------

    [  ] 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 October 31, 2001, there were 8,000,000 shares of the Registrant's
Common Stock issued and outstanding.


<PAGE>   1
                              TELE-OPTICS, INC.

                                    INDEX

PART I.    FINANCIAL INFORMATION

     Item 1.   Financial Statements

               Accountant's Report

               Balance Sheet - September 30, 2001 (Unaudited) and
               December 31, 2000

               Statement of Operations - Three months and nine months
               ended September 30, 2001 and 2000 (Unaudited).

               Statement of Cash Flows - Nine months ended September 30,
               2001 and 2000 (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,
                                       2001             2000
                                   -------------    ------------
                                    (Unaudited)
<S>                                <C>              <C>

Current Assets
  Cash                             $     6,369      $       935
                                   ===========      ===========


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

Current Liabilities
  Accounts payable                 $       -        $       740
  Notes payable - stockholders           4,800              -
                                   -----------      -----------
     Total Current Liabilities           4,800              740
                                   -----------      -----------

Stockholders' Equity
  Common stock, $.001 par value,
   100,000,000 shares authorized,
   8,000,000 shares issued and
   outstanding as of September 30,
   2001 and 7,500,000 shares
   issued and outstanding
   as of December 31, 2000               8,000            7,500
Additional paid-in capital           1,764,954        1,755,454
Deficit accumulated during
  development stage                     (64,176)         (55,550)
Accumulated deficit
  - from operations                 (1,707,209)      (1,707,209)
                                   -----------      -----------
     Total Stockholders' Equity          1,569              195
                                   -----------      -----------
     Total Liabilities
      and Stockholders' Equity     $     6,369      $       935
                                   ===========      ===========

</TABLE>


See accompanying notes to financial statements.


<PAGE>    4

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

<TABLE>
<CAPTION>

                                                                                          Cumulative
                                  Three Months Ended            Nine Months Ended         Development
                                     September 30,                 September 30,          Stage
                                  2001           2000           2001           2000       Amounts
                              ------------   ------------   -----------    -----------    -----------
<S>                           <C>            <C>            <C>            <C>            <C>

Revenues                      $      -       $      -       $      -       $      -       $      -

Administrative Expenses            2,019          1,878          8,265         10,272         64,176
                              ----------     ----------     ----------     ----------     ----------
Net income (loss)             $   (2,019)    $   (1,878)    $   (8,265)    $  (10,272)    $  (64,176)
                              ==========     ==========     ==========     ==========     ==========

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

Basic weighted average
 common shares outstanding     8,000,000      7,298,913      7,725,275      7,101,852      6,702,644
                              ==========     ==========     ==========     ==========     ==========

</TABLE>







See accompanying notes to financial statements.


<PAGE>    5

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

<TABLE>
<CAPTION>

                                                                                          Cumulative
                                  Three Months Ended            Nine Months Ended         Development
                                     September 30,                 September 30,          Stage
                                  2001           2000           2001           2000       Amounts
                              ------------   ------------   -----------    -----------    -----------
<S>                           <C>            <C>            <C>            <C>            <C>
CASH FLOWS FROM
 OPERATING ACTIVITIES:
  Net loss                    $   (2,019)    $   (1,878)    $   (8,626)    $  (10,272)    $  (64,176)

   Adjustments to reconcile
   net loss to net cash used
   in operating activities:

    Increase (decrease)
      in accounts payable            -             (346)          (740)        (4,767)           -

    Stock issued for services        -              -              -              -            7,600
                              ----------     ----------     ----------     ----------     ----------
     Net cash used in
      operating activities        (2,019)        (2,224)        (9,366)       (15,039)       (56,576)
                              ----------     ----------     ----------     ----------     ----------

CASH FLOWS FROM FINANCING
 ACTIVITIES:
  Proceeds from loans from
    stockholders                     -               -           4,800            -            4,800
  Proceeds from sale
    of common stock                  -            5,000         10,000          5,000         30,000
                              ----------     ----------     ----------     ----------     ----------
     Net cash provided by
      financing activities           -            5,000         14,800          5,000         34,800
                              ----------     ----------     ----------     ----------     ----------

NET INCREASE (DECREASE)
  IN CASH                         (2,019)         2,776          5,434        (10,039)       (21,776)

CASH - BEGINNING OF PERIOD         8,388            446            935         13,261         28,145
                              ----------     ----------     ----------     ----------     ----------
CASH - END OF PERIOD          $    6,369     $    3,222     $    6,369     $    3,222     $    6,369
                              ==========     ==========     ==========     ==========     ==========

</TABLE>



See accompanying notes to financial statements



<PAGE>    6

                           TELE-OPTICS, INC.
                     (A Development Stage Company)
                     NOTES TO FINANCIAL STATEMENTS
                           September 30, 2001


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, 2000.  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, 2001 are not necessarily
       indicative of the results that may be expected for the year
       ended December 31, 2001.

       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 - STOCK TRANSACTIONS
         ------------------

       On May 30, 2001, the Company sold 500,000 shares of common
       stock for $0.02 per share.


<PAGE>    7


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.



<PAGE>    8


     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 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.


<PAGE>    9


                                 PART II
                                 -------

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

          Not applicable.


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

          Not Applicable


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>    10


                           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: October 31, 2001              By:/s/ John P. Little
                                        --------------------------
                                        John P. Little, President



<PAGE>    11