SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 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: March 31, 2003


                        Commission file number 33-13791-D

                            TONGA CAPITAL CORPORATION
                            -------------------------
             (Exact name of registrant as specified in its charter)

         Colorado                             84-1069035
         --------                             ----------
(State   or other jurisdiction of           (I.R.S. Employer
incorporation or organization)               Identification No.)

116 N. Citrus Ave.
Covina, California                                           91723
------------------                                           -----
(Address of principal executive offices)                    (Zip Code)

Registrant's telephone number,
  including area code                         (818) 858-5491
                                              --------------


Check  whether  the  registrant  (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 the past 90 days.

Yes  X  No

As of March 31, 2003, 3,377,539 shares of common stock were outstanding.

Transitional Small Business Disclosure Format: Yes      No  X


<PAGE>



                          PART I--FINANCIAL INFORMATION

Item 1. Financial Statements.

         For financial information,  please see the financial statements and the
notes thereto, attached hereto and incorporated herein by this reference.

     The financial  statements  have been prepared by Tonga Capital  Corporation
without  audit  pursuant  to the rules and  regulations  of the  Securities  and
Exchange  Commission.  Certain  information  and footnote  disclosures  normally
included in financial  statements prepared in accordance with generally accepted
accounting  principles  have been  condensed or omitted as allowed by such rules
and  regulations,  and management  believes that the disclosures are adequate to
make the  information  presented  not  misleading.  These  financial  statements
include  all  of the  adjustments  which,  in the  opinion  of  management,  are
necessary  to  a  fair  presentation  of  financial   position  and  results  of
operations.  All such  adjustments are of a normal and recurring  nature.  These
financial  statements  should be read in conjunction with the audited  financial
statements at December 31, 2002, included in the Company's Form 10-KSB.

<PAGE>
                            TONGA CAPITAL CORPORATION

                              FINANCIAL STATEMENTS

                                 MARCH 31, 2003
                                   (UNAUDITED)






<PAGE>



                           MICHAEL JOHNSON & CO., LLC
                          Certified Public Accountants
                        9175 East Kenyon Ave., Suite 100
                             Denver, Colorado 80237

Michael B. Johnson C.P.A.                             Telephone:  (303) 796-0099
Member:  A.I.C.P.A.                                         Fax:  (303) 796-0137
Colorado Society of C.P.A.s



          REPORT ON REVIEW BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS



Board of Directors
Tonga Capital Corporation
McPherson, KS


We have reviewed the accompanying balance sheet of Tonga Capital Corporation for
March 31, 2003 and the related statement of operations and cash flows for the
three-months ended March 31, 2003 and 2002, included in the accompanying
Securities and Exchange Commission Form 10QSB for the period ended March 31,
2003. These financial statements are the responsibility of the Company's
management.

We conducted our review in accordance with standards established by the American
Institute of Certified Public Accountants. A review of interim financial
information consists principally of applying analytical procedures to financial
data and making inquiries of persons responsible for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with auditing standards generally accepted in the United States, the objective
of which is the expression of an opinion regarding the financial statements
taken as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are unaware of any material modifications that should be
made to the accompanying financial statements for them to be in conformity with
accounting principles generally accepted in the United States.

We have previously audited, in accordance with auditing standards generally
accepted in the United States, the balance sheet as of December 31, 2002, and
the related statements of operations, stockholders' equity and cash flows for
the year then ended (not presented herein). In our report dated February 4,
2003, we expressed an unqualified opinion on those financial statements. In our
opinion, the information set forth in the accompanying balance sheet as of March
31, 2002 is fairly stated in all material respects in relation to the balance
sheet from which it has been derived.


Michael Johnson & Co., LLC
May 20, 2003



<PAGE>
<TABLE>
<CAPTION>

                           TONGA CAPITAL CORPORATION
                                 Balance Sheets
                                  (Unaudited)




<S>                                                                          <C>                        <C>



                                                                                 March 31,                December 31,
                                                                                   2003                       2002
                                                                             ------------------         ------------------
ASSETS:

Current assets:

   Cash                                                                                    $ -                        $ -
                                                                             ------------------         ------------------

Total Current Assets                                                                         -                          -
                                                                             ------------------         ------------------


Fixed Assets:
    Machinery and Patent                                                                50,125                     50,125
                                                                             ------------------         ------------------

Total Fixed Assets                                                                      50,125                     50,125
                                                                             ------------------         ------------------

TOTAL ASSETS                                                                          $ 50,125                   $ 50,125
                                                                             ==================         ==================


LIABILITIES AND STOCKHOLDERS' EQUITY:
Current Liabilities:

   Accrued Expenses                                                                   $ 50,450                   $ 50,450
   Notes Payable                                                                        50,000                     50,000
                                                                             ------------------         ------------------

Total Current Liabilities                                                              100,450                    100,450
                                                                             ------------------         ------------------

Stockholders' Equity:
Common Stock, $.01 par value; 500,000,000 shares
   authorized, 3,390,039 shares issued and outstanding                                  33,900                     33,900
Additional Paid-In Capital                                                             601,760                    601,760
Deficit accumulated during the exploratory stage                                      (685,985)                  (685,985)
                                                                             ------------------         ------------------
Total Stockholders' Deficit                                                            (50,325)                   (50,325)
                                                                             ------------------         ------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                            $ 50,125                   $ 50,125
                                                                             ==================         ==================
See Accountants Review Report
</TABLE>


<PAGE>
<TABLE>
<CAPTION>

                           TONGA CAPITAL CORPORATION
                            Statements of Operations
                                  (Unaudited)


<S>                                                             <C>                 <C>

                                                                   Three-Months Ended
                                                                        March 31,
                                                                2003                2002
                                                                ----                ----

Revenue                                                               $ -                 $ -

Expenses:
   General and Administrative                                           -                   -
                                                                ---------           ---------
Total Expenses                                                          -                   -
                                                                ---------           ---------
Net (Loss)                                                            $ -                 $ -
                                                                =========           =========


Per Share Information:

   Weighted average number of
     common shares outstanding                                  3,390,039           3,377,539
                                                                ---------           ---------
Net Loss per Common Share                                        *                   *
                                                                =========           =========

* Less than $.01
</TABLE>

See Accountants Review Report

<PAGE>
<TABLE>
<CAPTION>

                           TONGA CAPITAL CORPORATION
                  Statement of Stockholders' Equity (Deficit)
                                 March 31, 2003
                                  (Unaudited)
<S>                                                   <C>               <C>               <C>               <C>           <C>


                                                                                       Additional
                                                           Common Stock                  Paid-In            Accumulated
                                                   # of Shares         Amount            Capital            Deficit          Totals
                                                   -----------         ------            -------            -------          ------

Balance - December 31, 1998                           3,377,539         $ 33,775          $ 601,760         $ (635,535)         $ -
                                                      ---------         --------          ---------         ----------    ----------
Net Loss for Year                                             -                -                  -                  -            -
                                                      ---------         --------          ---------         ----------    ----------
Balance - December 31, 1999                           3,377,539           33,775            601,760           (635,535)           -
                                                      ---------         --------          ---------         ----------    ----------
Net Loss for Year                                             -                -                  -                  -            -
                                                      ---------         --------          ---------         ----------    ----------
Balance - December 31, 2000                           3,377,539           33,775            601,760           (635,535)           -
                                                      ---------         --------          ---------         ----------    ----------
Net Loss for Year                                             -                -                  -            (50,000)     (50,000)
                                                      ---------         --------          ---------         ----------    ----------
Balance - December 31, 2001                           3,377,539           33,775            601,760           (685,535)     (50,000)
                                                      ---------         --------          ---------         ----------    ----------
Issuance of stock for Asset Acquistion 8/02              12,500              125                  -                  -          125
Net Loss for Year                                             -                -                  -               (450)        (450)
                                                      ---------         --------          ---------         ----------    ----------
Balance - December 31, 2002                           3,390,039           33,900            601,760           (685,985)     (50,325)
                                                      ---------         --------          ---------         ----------    ----------
Net Loss for Period                                           -                -                  -                  -            -
                                                      ---------         --------          ---------         ----------    ----------
Balance - March 31, 2003                              3,390,039         $ 33,900          $ 601,760         $ (685,985)   $ (50,325)
                                                      =========         ========          =========         ==========    ==========

See Accountants Review Report
</TABLE>


<PAGE>
<TABLE>
<CAPTION>

                           TONGA CAPITAL CORPORATION
                            Statement of Cash Flows
                                  (Unaudited)

<S>                                                                                  <C>                <C>


                                                                                         Three-Months Ended
                                                                                              March 31,
                                                                                       2003               2002
                                                                                       ----               ----

Cash Flows from Operating Activities:
Net Loss                                                                                    $ -                $ -
  Adjustments to reconcile net loss to cash used in
    operating activities:
   Increase (Decrease) in Accrued Expenses                                                    -                  -
   Decrease (Increase) in Prepaid Expenses                                                    -                  -
                                                                                     ----------         ----------
Net Cash Used by Operating Activiites                                                         -                  -

Net Increase (Decrease) in Cash                                                               -                  -
                                                                                     ----------         ----------
Cash and cash equivalents - Beginning of period                                               -                  -
                                                                                     ----------         ----------
Cash and cash equivalents - End of period                                                   $ -                $ -
                                                                                     ==========         ==========


Supplemental Disclosure of Cash Flow Information
   Cash Paid During the Year for:
      Interest                                                                              $ -                $ -
                                                                                     ==========         ==========
      Income Taxes                                                                          $ -                $ -
                                                                                     ==========         ==========

See Accountants Review Report
</TABLE>


<PAGE>
                            TONGA CAPITAL CORPORATION
                          Notes to Financial Statements
                                 March 31, 2003
                                   (Unaudited)





Note 1 - Presentation of Interim Information:

In the opinion of the management of Tonga Capital Corporation the accompanying
unaudited financial statements include all normal adjustments considered
necessary to present fairly the financial position as of March 31, 2003 and the
results of operations for the three-months ended March 31, 2003 and 2002, and
cash flows for the three-months ended March 31, 2003 and 2002. Interim results
are not necessarily indicative of results for a full year.

The financial statements and notes are presented as permitted by Form 10-Q, and
do not contain certain information included in the Company's audited financial
statements and notes for the fiscal year ended December 31, 2002.

Note 2 - Going Concern:

The Company's financial statement have been presented on the basis that they are
a going concern, which contemplates the realization of assets and the
satisfaction of liabilities in the normal course of business.

The future success of the Company is likely dependent on its ability to attain
additional capital, or to find an acquisition to add value to its present
shareholders and ultimately, upon its ability to attain future profitable
operations. There can be no assurance that the Company will be successful in
obtaining such financing, or that it will attain positive cash flow from
operations. Management believes that actions presently being taken to revise the
Company's operating and financial requirements provide the opportunity for the
Company to continue as a going concern.


<PAGE>


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

LIQUIDITY AND CAPITAL RESOURCES

The Company had $0 cash capital at the end of the period and current liabilities
exceeded current assets by $50,000.  The Company will be forced to either borrow
or make private  placements of stock in order to fund  operations.  No assurance
exists as to the ability to achieve loans or make private placements of stock.

Results of  Operations  for the Quarter  Ended  March 31, 2003  compared to same
period in 2002.
- - ----------------------------------------------------------------------------
The Company had no revenue or operations for the period. The Company incurred no
general  and  administrative  expenses  in the  period in 2003 and in 2002.  The
Company had no loss on operations for the period in 2003 or 2002.

The profit/loss per share was none in the period in 2003 in 2002.

     (b) Liquidity and Capital Resources.  At March 31, 2003, the Company had no
cash or other liquid assets with which to conduct  operations,  except inventory
held for  sale.  There  can be no  assurance  that the  Company  will be able to
complete its business  plan and to exploit fully any business  opportunity  that
management may be able to locate on behalf of the Company.  Due to the lack of a
specified business opportunity,  the Company is unable to predict the period for
which it can conduct  operations.  Accordingly,  the  Company  will need to seek
additional  financing  through loans,  the sale and issuance of additional  debt
and/or equity  securities,  or other financing  arrangements.  Management of the
Company  and its  counsel  have  advised  that they will pay  certain  costs and
expenses  of the Company  from their  personal  funds as interest  free loans in
order to facilitate  development  of the  Company's  business  plan.  Management
believes  that  the  Company  has  inadequate  working  capital  to  pursue  any
operations at this time;  however,  loans to the Company from management and its
counsel may facilitate  development  of the business  plan. For the  foreseeable
future,  the  Company  through  its  management  and  counsel  intend  to pursue
acquisitions  as a means to develop the Company.  The Company does not intend to
pay dividends in the foreseeable  future. As of the end of the reporting period,
the Company had no material cash or cash  equivalents.  There was no significant
change in working capital during this quarter.


Evaluation of Internal and Disclosure Controls
----------------------------------------------
The  management of the company has evaluated the  effectiveness  of the issuer's
disclosure  controls  and  procedures  as of a date  within 90 days prior to the
filing  date of the  report  (evaluation  date)  and  have  concluded  that  the
disclosure  controls and procedures are adequate and effective  based upon their
evaluation  as of the  evaluation  date.  There were no  significant  changes in
internal controls or in other factors that could  significantly  affect internal
controls subsequent to the date of the most recent evaluation of such, including
any  corrective  actions with regard to  significant  deficiencies  and material
weaknesses.

<PAGE>



PART II--OTHER INFORMATION

Item 1. Legal Proceedings.
- - --------------------------

There are no  pending  legal  proceedings,  and the  Company is not aware of any
threatened  legal  proceedings,  to which the Company is a party or to which its
property is subject.

Item 2. Changes in Securities.
- - ------------------------------

         (a) There have been no material modifications in any of the instruments
defining  the  rights  of  the  holders  of  any  of  the  Company's  registered
securities.

         (b)  None  of the  rights  evidenced  by  any  class  of the  Company's
registered  securities have been materially limited or qualified by the issuance
or modification of any other class of the Company's securities.

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) Exhibits

         No exhibits as set forth in Regulation SB, are considered necessary for
this filing.

         (b) Reports on Form 8-K

         None




<PAGE>


                                   SIGNATURES


         In accordance with the  requirements of the Securities  Exchange Act of
1934, as amended,  the registrant  caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                                                     TONGA CAPITAL, INC.


Date: May 20, 2003
                                                     /s/Roger K. Juhnke
                                                    -------------------------
                                                    Roger K. Juhnke, President

<PAGE>
                       CERTIFICATION PURSUANT TO SECTION
                          302 OF THE SARBANES OXLEY ACT


I, Roger Juhnke, certify that:

1. I have  reviewed  this  quarterly  report on Form 10-QSB of Tonga Capital
Corp.;

2. 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;

3. 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;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

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

b) 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

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

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

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

<PAGE>

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. The  registrant's  other  certifying  officers  and I have  indicated in this
quarterly report whether there were significant  changes in internal controls or
in other factors that could significantly affect internal controls subsequent to
the date of our most recent  evaluation,  including any corrective  actions with
regard to significant deficiencies and material weaknesses.

Date: May 20, 2003


/s/ Roger Juhnke
- -----------------------
 Roger Juhnke, CEO and CFO