U.S. SECURITIES AND EXCHANGE COMMISSION
                       Washington, DC  20549

                           FORM 10-QSB

     (Mark One)

     xQuarterly report under Section 13, or 15 (d) of the Securities
Exchange Act of 1934

     For the quarterly period ended June 30, 2001

     oTransition report under Section 13 or 15 (d) of the Exchange
Act

     For the transition period from ________________ to
_________________

     Commission file number    0-12122

                           WINCROFT, INC.
  (Exact Name of Small Business Issuer as Specified in Its Charter)

              Colorado                                84-0601802
     (State or Other Jurisdiction of              (I.R.S. Employer
       Incorporation  or  Organization)                Identification
No.)


            6959 Arapaho, Suite 122, Dallas, Texas  75248
              (Address of Principal Executive Offices)

                           (972) 386-8907
          (Issuer's Telephone Number, Including Area Code)

     (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 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 past 90 days.
xYes oNo
               APPLICABLE ONLY TO ISSUERS INVOLVED IN
                 BANKRUPTCY PROCEEDINGS DURING THE
                        PRECEDING FIVE YEARS

      Check  whether the registrant filed all documents  and  reports
required to be filed by Section 12, 13, or 15 (d) of the Exchange Act
after  the  distribution of securities under a plan  confirmed  by  a
court.
oYes oNo

                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:
5,140,100 common stock, no par value.

<PAGE>
                           WINCROFT, INC.
                           and subsidiary

                             I N D E X


                                                 Page No.

Part I         FINANCIAL INFORMATION:

          Item 1.        Condensed Balance
                    Sheets                             3

                    Condensed Statements of
                    Operations                         4

                    Condensed Statements of
                    Cash Flows                         5

                    Notes to Condensed
                    Financial Statements
                    (unaudited)                        7

          Item 2.        Management's Discussion
                    and Analysis of Financial
                    Condition and Results of
                    Operations                         7

Part II        OTHER INFORMATION                       8

<PAGE>
                   WINCROFT, INC. and subsidiary
                  PART I.   FINANCIAL INFORMATION

Item 1.  Financial Statements
<TABLE>
<S>                                     <C>
                        BALANCE SHEET

                               ASSETS

                                    June 30, 2001


 Current Assets:
 Cash                                                  $        150



   Total Assets                      $     150

                LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
   Accounts payable                 $    5,050

TOTAL LIABILITIES                   $      5,050

Stockholders' Equity (Deficit):
  Common stock no par value, 75,000,000 shares
 authorized; 5,140,100 shares issued
    and outstanding at June 30, 2001 and March 31, 2001,
    respectively                        10,280
  Preferred Stock 25,000,000 authorized $.01 par value
     7,000 and 7,000 issued at June 30, 2001 and
      March 31, 2001, respectively          70
Additional paid in capital           1,168,082
 Retained Earnings (Deficit)          (1,182,199)

Less treasury stock, 7,496,223
    shares at cost                     (1,133)
                                       (4,900)

                                     $     150
See accompanying notes to these financial statements.

</TABLE>
<PAGE>
                      WINCROFT, INC. and subsidiary

                  CONSOLIDATED STATEMENTS OF OPERATIONS
                         (UNAUDITED)

               <TABLE>
<S>                                                         <C>
<C>
                                        Three Months Ended
                                            June 30,
                                     2001               2001


Sales                                       $          -       $                                    -

Cost of Sales                               -                  -

Gross Profit                                -                  -

Operating Expenses:
Administrative expenses                    -                  -


  Total Operating Expenses                 -                  -

Write off of uncollectible loans
to former subsidiary                       -                  -
Write off of leasehold improvements                    -                                            -
Write off of computer equipment             -                  -
Write off of other equipment                -                  -

Net Income (Loss)                  $        -          $       -

Net Income (Loss) per share*       $        -          $       -

Weighted Average Number of
  Shares outstanding                  5,140,100                                                     5,140,100

*less than (.01) per share
</TABLE>






See accompanying notes to these financial statements.
<PAGE>
                WINCROFT, INC. and subsidiary
            CONSOLIDATED STATEMENTS OF CASH FLOWS
                         (UNAUDITED)
<TABLE>
<S>                                              <C>   <C>
                                          Three Months Ended
                                              June  30,
                                             2001           2000

CASH FLOWS FROM OPERATING ACTIVITIES:
 Net income (loss)                       $      -   $     -
 Adjustments to reconcile net income (loss)
   to net cash from operating activities:
 Non cash transactions                        -        -
                                           Net  cash  used   by
operating activities                          -        -

CASH FLOW FROM INVESTING ACTIVITIES:

                                           Net  cash  used   by
investing activities                          -        -

CASH FLOW FROM FINANCING ACTIVITIES:

      Net cash provided (used) by financing activities -     -

NET INCREASE (DECREASE) IN CASH               -        -

CASH AT BEGINNING OF PERIOD                 150        150

CASH AT END OF PERIOD                    $    150 $       150

SUPPLEMENTAL INFORMATION:
 Cash paid for interest                  $     -   $        -
</TABLE>
See accompanying notes to these financial statements.
<PAGE>
WINCROFT, INC. and subsidiary
               SCHEDULE OF NONCASH ACTIVITIES
                         (UNAUDITED)
                       (IN THOUSANDS)
<TABLE>
<S>                                               <C>       <C>
                                          Three Months Ended
                                               June 30,
                                              2001          2000


  During the period, the Company wrote
  off the following:
   Uncollectible loans
     to former subsidiary                       -          -
   Leasehold improvements                       -          -
   Computer equipment                           -          -
   Other equipment                              -          -
</TABLE>
<PAGE>
                 WINCROFT, INC. and subsidiary

                 NOTES TO CONDENSED FINANCIAL STATEMENTS
                               (UNAUDITED)



Financial Statements

The accompanying unaudited financial statements have been
prepared in accordance with the instructions to Form 10-QSB
and do not include all of the information and footnotes
required by generally accepted accounting principles for
complete financial statements.

In the opinion of management, all adjustments (consisting of
normal recurring accruals) considered necessary for a fair
presentation have been included.  These statements should be
read in conjunction with the audited financial statements
and notes thereto included in the Registrant's annual Form
10-KSB for the year ended March 31, 2001.

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

There was no revenue for the period.  The Company is now
seeking merger opportunities.

Liquidity and Capital Resources

The Registrant has met its shortfall of funds from
operations during prior periods by the sale of its majority
owned subsidiaries assets, and by borrowing from its
Directors and companies affiliated with its Directors.  Net
cash used by operating activities for the three months was
$0 ($0 2000).  Net cash used by investing activities was $0
($0 in 2000) and by financing activities was $0 ($0 in
2000).

The Registrant's present needs for liquidity principally
relates to its obligations for its SEC reporting
requirements and the minimal requirements for record
keeping. The Registrant has limited liquid assets available
for its continuing needs.  In the absence of any additional
liquid resources, the Registrant will be faced with cash
flow problems.
<PAGE>
PART II  -  OTHER INFORMATION


Item 6.   Exhibits and Reports on Form 8-K.

       (a)     Exhibits:

          (1)  Articles of Incorporation:    Incorporated by
reference to
                                     Registration  Statement
filed
                                   on Form 10, May 10, 1984;
                                   File No.  0-12122

          (2)  Bylaws:             Incorporated by reference
as
                                   immediately above.


          (b)  Reports on Form 8-K


                         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  thereto  duly
authorized.




                               WINCROFT, INC.
                                   (Registrant)



                              By:  /s/ Daniel Wettreich
Daniel Wettreich, President





Date: August 15, 2001