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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q/A

                  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF
                     THE SECURITIES AND EXCHANGE ACT OF 1934


                      For quarter ended:   July 31, 1998
                      Commission file number: 000-18081

                       RAMEX SYNFUELS INTERNATIONAL, INC.
             (Exact name of Registrant as specified in its charter)

            Nevada                                         87-0360039      
(State or other jurisdiction                         (IRS Employer Ident. No.)
of incorporation  or organization)

2204 W. Wellesley
Spokane, Washington                                               99205
(Address of principal executive offices)                      (Zip  code)

                                 (509) 328-9633
                         (Registrant's telephone number)



_X_ Yes, Registrant (1) has filed all reports required to be filed by Section 13
or 15(d) of the  Securities  Act of 1934 during the  preceding 12 months (or for
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.

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practical date:

                          Common Stock, $0.01 Par Value
                      16,023,465 shares as of July 31, 1998

Documents incorporated by reference:

Form 8-K filed January 15, 1999














                                 Total pages: 9
****************************************************************************
<PAGE>


                       RAMEX SYNFUELS INTERNATIONAL, INC.

                          QUARTERLY REPORT ON FORM 10-Q/A

                                      INDEX

Part I.   FINANCIAL INFORMATION

          Item 1. Financial Statements (unaudited)

          Statement of Financial Position as of July 31, 1998 and
          January 31, 1998

          Statement of Operations For the Three and Six Months ended
          July 31, 1998 and 1997

          Statement of Changes in Stockholders' Equity For the Three
          Month Periods Ended July 31, 1998 and 1997

          Statement of Cash Flows For the Three and Six Month Periods
          Ended July 31, 1998 and 1997

          Notes to Financial Statements

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



































<PAGE>


RAMEX SYNFUELS INTERNATIONAL, INC.         Statement of Financial Position as of
(UNAUDITED)                                July 31, 1998 and January 31, 1998
--------------------------------------------------------------------------------


                                     ASSETS
<TABLE>
<CAPTION>
                                                         (Unaudited)
                                                           July 31,       January 31,
                                                            1998             1998
                                                         -----------      -----------
<S>                                                      <C>              <C>        
CURRENT ASSET - Cash                                     $    11,745      $     1,281
                                                         -----------      -----------

TOTAL ASSETS                                             $    11,745      $     1,281
                                                         ===========      ===========


                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
    Accounts payable                                     $    62,863      $    64,295
    Due to officers and directors                            112,688          105,654
                                                         -----------      -----------

        Total current liabilities                            175,551          169,949
                                                         -----------      -----------

STOCKHOLDERS'  EQUITY
    Common stock; $.01 par value; 125,000,000
        shares  authorized; 14,323,465 shares issued
        and outstanding as of January 31, 1998;
        16,023,465 shares issued and outstanding
        as of July 31, 1998                                  160,234          143,234
    Additional paid-in capital                             4,594,929        4,577,237
    Accumulated deficit                                   (4,918,969)      (4,889,139)
                                                         -----------      -----------

        Total stockholders' equity                          (163,806)        (168,668)
                                                         -----------      -----------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY               $    11,745      $     1,281
                                                         ===========      ===========
</TABLE>










                             Prepared by Management
   The accompanying notes are an integral part of these financial statements.


<PAGE>

RAMEX SYNFUELS INTERNATIONAL, INC.     Statement of Operations For the Three and
(UNAUDITED)                            Six Month Periods Ended July 31, 1998 and
                                       1997
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                               Three Month Periods                 Six Month Periods
                          ----------------------------        ---------------------------
                            July 31,       July 31,            July 31,       July 31,
                              1998           1997               1998            1997
                           --------       --------            --------       --------
<S>                        <C>            <C>                 <C>            <C>
REVENUE                    $     -0-      $     -0-           $     -0-       $    -0-
                            --------       --------            --------       --------

GENERAL AND
ADMINISTRATIVE EXPENSES       3,669          2,766              12,137         10,797
                            --------       --------            --------       --------


NET (LOSS)                  $(3,669)       $(2,766)           $(12,137)      $(10,797)
                            ========       ========            ========       ========


NET (LOSS) PER SHARE         $ (NIL)        $ (NIL)           $   (NIL)      $   (NIL)
                            ========        ========           ========       ========
</TABLE>






























                             Prepared by Management
   The accompanying notes are an integral part of these financial statements.

<PAGE>

RAMEX SYNFUELS INTERNATIONAL, INC.    Statement of Changes in Stockholders'
(UNAUDITED)                           Equity For the Three Month Periods Ended
                                      July 31, 1998 and 1997
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>

                           Common Stock           Additional                   
                    --------------------------    Paid-In      Accumulated  
                     Shares           Amount      Capital      Deficit       Total
                    -------------  -----------  ------------   ------------  -----------
<S>                 <C>            <C>           <C>           <C>           <C>  
Balances as of 
April 30, 1997        14,323,465   $  143,234    $ 4,594,929   $(4,894,988)  $ (156,825)

Net (loss)                                                          (2,766)      (2,766)
                    -------------  ------------  ------------  ------------  -----------

Balances as of 
July 31, 1997          14,323,465   $  143,234   $ 4,594,929   $(4,897,754)  $ (159,591)

                     ============   ===========  ============  ============  ===========

Balances as of 
April 30, 1998         16,023,465   $  160,234   $ 4,594,929   $(4,915,300)  $ (160,137)

Net (loss)                                                          (3,669)      (3,669)
                     ------------   -----------  ------------  ------------  -----------

Balances as of 
July 31, 1998          16,023,465   $  160,234   $ 4,594,929   $(4,918,969)  $ (163,806)
                     ============   ===========  ============  ============  ===========
</TABLE>
























                             Prepared by Management
   The accompanying notes are an integral part of these financial statements.


<PAGE>


RAMEX SYNFUELS INTERNATIONAL, INC.     Statement of Cash Flows For the Three and
(UNAUDITED)                            Six  Month Periods Ended July 31, 1998 
                                       and 1997
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>

                              Three Month Periods               Six Month Periods
                           -------------------------      --------------------------
                            July 31,        July 31,        July 31,         July 31,
                            1998             1997           1998             1997
                           --------         --------       --------         --------
<S>                        <C>              <C>             <C>             <C>      
CASH FLOWS FROM
   OPERATING ACTIVITIES
     Net (loss)             $ (3,669)        $ (2,766)      (12,137)        $(10,797)
     Increase in payables 
        and due to officers
        and directors          1,735            3,000         5,601            6,600
                             --------         --------      --------         --------

   Net Cash Provided 
      (Used) From 
      Operating               (1,934)             234        (6,536)          (4,197)
      Activities             --------         --------      --------         --------

CASH FLOWS FROM
   FINANCING ACTIVITIES
     Sale of common stock        -                -           17,000            5,000
                              --------         --------      --------         --------


NET INCREASE (DECREASE)
    IN CASH                   (1,934)             234        10,464              803


CASH AT BEGINNING OF PERIOD    13,679            2,778         1,281            2,209
                              --------         --------      --------         --------


CASH AT END OF PERIOD         $11,745          $ 3,012       $11,745          $ 3,012
                              ========         ========      ========         ========
</TABLE>












                             Prepared by Management
   The accompanying notes are an integral part of these financial statements.



<PAGE>


Ramex Synfuels International, Inc.                 Notes to Financial Statements
(Unaudited)                                                  as of July 31, 1998
--------------------------------------------------------------------------------

NOTE 1 -  MANAGEMENT OPINION:

          The  financial  statements  of  Ramex  Synfuels  International,  Inc.,
          ("Ramex")  included herein have been prepared without audit,  pursuant
          to  the  rules  and   regulations   of  the  Securities  and  Exchange
          Commission.   Although,   certain  information  normally  included  in
          financial  statements  prepared in accordance with generally  accepted
          accounting  principles has been  condensed or omitted,  Ramex believes
          that the disclosures  are adequate to make the  information  presented
          not misleading.  

          Management's  plans for the  Company include keeping the Company alive
          with occasional cash advances from officers and directors,  minimizing
          the  Company's cash  expenditures,   and  searching for a  financially
          stronger partner, already operating  in an energy-related environment,
          with which to  form a strategic  alliance or join venture.  Management
          believes that  these plans  are  realistic and  workable.   Management
          further  believes  that the  liquidation  basis of  accounting  is not
          appropriate in view of management's plans.  

          The condensed financial  statements should be read in conjunction with
          the financial  statements and notes thereto included in Ramex's annual
          report on Form 10-K/A for the fiscal year ended January 31, 1998.


































<PAGE>
Item  2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL 
          CONDITION AND RESULTS OF OPERATIONS.

Results of Operations

     During the three month  period ending July 31,  1998, the Company's only
activity was to evaluate the Ramex Oil Shale Gasification  Process and search
for potential financing entities for the Process and possible other ventures.

     Obtaining additional financing is crucial to the ongoing  development of
the process as well as the  corporate existence.  Management is considering a
possible  restructure  of the  Corporation as a   means of further  financing
possibilities.  Any changes in corporate structure are subject to shareholder
approval and at the present no specific changes have been proposed.

Liquidity and Capital Resources:

     As of July 31, 1998 Ramex's current assets were $11,745. The Company had
no income  during the  three month  period ended July 31, 1998 and  had total
expenses  of $3,669,  an increase of $903 compared to  the same  three  month
period of the previous fiscal year. Said expenses were incurred in the course
of minimal daily operations of the Company and for consulting services.  

Since there is  no certainty of the success of the  negotiations  for funding
for the further research, laboratory testing and  since the Registrant has no
significant  source of  income  at  this  time, uncertainties  do exist  with
respect to the future levels of Liquidity and Capital which will be necessary
to fund the  Company's operations and its ability to maintain adequate levels
thereof.

     PART II OTHER INFORMATION.

Item 1.  Legal Proceedings.

     The officers and  directors of the  Registrant  certify that to the best of
their knowledge, neither the Registrant nor any of its officers or directors are
parties  to any  material  legal  proceedings  or  litigation  other  than those
referenced herein, if any, or others that were reported in prior reports on Form
10-Q.  The officers and  directors  of the  registrant  do not know of any other
litigation being threatened or contemplated.

Item 2.  Changes in Securities.

     None.

Item 3.  Defaults Upon Senior Securities.

     None.

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

     None

Item 5.  Other Information.

     None.

Item 6   Exhibits and Reports on Form 8-K

     No reports were  filed on Form 8-K in the quarter  ending July 31, 1998.
     However, a Form 8-K announcing the retention of a new  auditing firm was
     filed January 15, 1999 and is incorporated by reference.
<PAGE>

                                   Signatures

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                              RAMEX SYNFUELS INTERNATIONAL, INC.


Dated:  February 1, 1999                  /s/ Maynard M. Moe                  
                                            ------------------------------------
                                                Maynard M. Moe, President and
                                                Chief Executive Officer


Dated:  February 1, 1999                  /s/ Kerry L. Weger                  
                                            ------------------------------------
                                                Kerry L. Weger,
                                                Secretary-Treasurer and
                                                Chief Financial Officer