UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

     (Mark  One)

  [X]QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)OF THE SECURITIES EXCHANGE
                                  ACT OF 1934

                    For the quarter ended September 30, 2003

                                       or

     [ ] 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 0-25007

                         AMALGAMATED TECHNOLOGIES, INC.
                         ------------------------------
             (Exact name of registrant as specified in its charter)

             DELAWARE                                             65-0656268
   -------------------------------                          --------------------
  (State  or  other jurisdiction                              (I.R.S. Employer
of  incorporation or organization)                          Identification  No.)

     1640  TERRACE  WAY, WALNUT  CREEK,  CA                         94596
--------------------------------------------                     -----------
(Address  of  principal  executive  offices)                     (Zip  Code)

                                 (925) 930-0100
                            -----------------------
              (Registrant's telephone number, including area code)

                                      N/A
                             ----------------------
    (Former Name, Former Address, and Former Fiscal year if Changed Since Last
                                     Report)

     Check whether the Registrant (1) has filed all reports required to be filed
by  Section  13  or  15(d)  of  the  Securities  Exchange Act of 1934 during the
preceding  12  months,  and (2) has been subject to such filing requirements for
the  past  90  days.  Yes  |X|  No  |  |

     As  of  November  13, 2003, there were 4,026,695 shares of the Registrant's
common  stock,  par  value  $.0001  per  share  issued  and  outstanding.

     Transitional  Small  Business  Disclosure  Format  (check one)  Yes  No  X
                                                                             ---


<PAGE>

<TABLE>

                         AMALGAMATED TECHNOLOGIES, INC.
                       SEPTEMBER 30, 2003 QUARTERLY REPORT ON FORM 10-QSB
                                        TABLE OF CONTENTS
<CAPTION>


                                                                Page Number
<S>         <C>                                                 <C>
            Special Note Regarding Forward Looking Statements           3

PART I FINANCIAL INFORMATION

Item 1.     Financial Statements                                        4
Item 2.     Plan of Operation                                          10
Item 3      Controls and Procedures                                    10

  PART II OTHER INFORMATION

Item 2.     Changes in Securities and Use of Proceeds                  11
Item 6.     Exhibits and Reports on Form 8-K                           11
</TABLE>


                                        2
<PAGE>

                SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

     To  the  extent  that the information presented in this Quarterly Report on
Form  10-QSB  for  the  quarter  ended  September  30, 2003, discusses financial
projections,  information  or  expectations  about  our  products or markets, or
otherwise  makes  statements  about  future  events,  such  statements  are
forward-looking.  We  are making these forward-looking statements in reliance on
the  safe  harbor  provisions of the Private Securities Litigation Reform Act of
1995.  Although  we  believe  that  the  expectations  reflected  in  these
forward-looking  statements  are  based  on  reasonable assumptions, there are a
number  of  risks  and  uncertainties  that could cause actual results to differ
materially  from such forward-looking statements.  These risks and uncertainties
are  described,  among  other  places  in  this  Quarterly  Report,  in "Plan of
Operation".

     In  addition,  we  disclaim  any  obligations to update any forward-looking
statements  to  reflect events or circumstances after the date of this Quarterly
Report.  When  considering  such  forward-looking statements, you should keep in
mind  the  risks  referenced  above  and the other cautionary statements in this
Quarterly  Report.


                                        3
<PAGE>

<TABLE>
<CAPTION>

                         PART I - FINANCIAL INFORMATION

ITEM  1.     FINANCIAL  STATEMENTS                                                PAGE
                                                                                  ----
<S>  <C>                                                                          <C>
     Balance  Sheet  (unaudited)  as  of  September  30,  2003                      5

     Statements  of  Operations  (unaudited)
          for the three months and nine months ended September 30, 2003 and 2002
          and  for  the  period  from  inception  on  January  15,  1999 through
          September  30,  2003                                                      6

     Statements  of  Cash  Flows  (unaudited)
          for  the  nine months ended September 30, 2003 and 2002 and
          for  the  period  from inception on January 15, 1999 through September
          30,  2003                                                                 7

     Notes  to  Financial  Statements  (unaudited)                                  8

</TABLE>


                                        4
<PAGE>

<TABLE>
<CAPTION>

                          Amalgamated Technologies, Inc.
                          (A Development Stage Company)
                                  Balance Sheet
                               September 30, 2003
                                   (Unaudited)



                                     Assets
<S>                                                      <C>
Cash. . . . . . . . . . . . . . . . . . . . . . . . . .  $            488
                                                         =================


                      Liabilities and Shareholders' Equity

Current liabilities:
  Accounts payable and accrued liabilities. . . . . . .  $         39,725
  Advance from Shareholders . . . . . . . . . . . . . .             2,000
                                                         -----------------
    Total current liabilities . . . . . . . . . . . . .            41,725
                                                         -----------------

Shareholders' equity:
  Preferred stock, $.001 Par value, 10,000,000
    shares authorized; 10,000 issued and outstanding. .                 -
  Common stock, $.0001 par value; 200,000,000 shares
    authorized; 4,026,695 shares issued and outstanding               403
  Additional paid in capital. . . . . . . . . . . . . .         2,634,149
  Accumulated Deficit . . . . . . . . . . . . . . . . .        (2,675,789)
                                                         -----------------
    Total Shareholders' equity. . . . . . . . . . . . .           (41,237)
                                                         -----------------

                                                         $            488
                                                         =================
</TABLE>

                       See Notes to Financial Statements.


                                        5
<PAGE>

<TABLE>
<CAPTION>
                                            Amalgamated Technologies, Inc.
                                             (A Development Stage Company)
                                               Statements of Operations

                                                                                                       Period from
                                                                                                    January 15, 1999
                                       Three Months Ended                Nine Months Ended             (inception)
                                         September 30,                     September 30,                 Through
                                      2003          2002              2003              2002       September 30, 2003
                                  ------------  ------------  --------------------  ------------  --------------------
                                   (Unaudited)   (Unaudited)      (Unaudited)        (Unaudited)       (Unaudited)
<S>                               <C>           <C>           <C>                   <C>           <C>
Operating expenses:
General and administrative . . .  $    12,719   $    21,260   $            44,389   $    48,005   $         1,257,223
Deferred compensation. . . . . .            -             -                     -        72,923               875,000
Stock issued for services. . . .            -        10,000                     -        10,000               122,830
Research and development . . . .            -             -                     -        28,794               785,958
Depreciation expense . . . . . .            -           674                     -         2,021                 8,350
                                  ------------  ------------  --------------------  ------------  --------------------
Total operating expenses . . . .       12,719        31,934                44,389       161,743             3,049,361
                                  ------------  ------------  --------------------  ------------  --------------------

Other income (loss)
Forgiveness of debt. . . . . . .            -       366,523                     -       366,523               372,162
Gain on sale of subsidiary . . .            -             -                     -             -                49,216
Interest and dividend income . .            -             3                    19             8                15,961
Interest expense . . . . . . . .            -        (5,250)              (10,241)      (15,750)              (63,768)
                                  ------------  ------------  --------------------  ------------  --------------------
Total other income (loss). . . .            -       361,276               (10,222)      350,781               373,572
                                  ------------  ------------  --------------------  ------------  --------------------

Net income (loss). . . . . . . .     ($12,719)  $   329,342              ($54,611)  $   189,038           ($2,675,790)
                                  ============  ============  ====================  ============  ====================


Net income (loss) per share
 - Basic . . . . . . . . . . . .  $         *   $      0.88   $             (0.02)  $      0.76
                                  ============  ============  ====================  ============

Basic weighted average shares
 outstanding - Basic . . . . . .    4,026,695       373,046             3,118,432       248,971
                                  ============  ============  ====================  ============

Net income (loss) per share
 - Diluted . . . . . . . . . . .  $         *   $      0.78   $             (0.02)  $      0.37
                                  ============  ============  ====================  ============

Diluted weighted average shares
 outstanding - Diluted . . . . .    4,026,695       423,414             3,118,432       504,442
                                  ============  ============  ====================  ============
</TABLE>

*  -  Amount  is  less  than  $0.01

                       See Notes to Financial Statements.


                                        6
<PAGE>

<TABLE>
<CAPTION>
                                        Amalgamated Technologies, Inc.
                                        (A Development Stage Company)
                                          Statements of Cash Flows

                                                                                            Period from
                                                                                          January 15, 1999
                                                                                            (inception)
                                                     Nine Months Ended September 30,         Through
                                                         2003               2002         September 30, 2003
                                                  -------------------  ---------------  --------------------
                                                      (Unaudited)        (Unaudited)        (Unaudited)
<S>                                               <C>                  <C>              <C>
Cash flows from operating activities:
  Net (loss) income. . . . . . . . . . . . . . .            ($54,611)  $      189,038           ($2,675,790)
  Adjustments to reconcile net loss
    to cash used in operating activities:
      Depreciation . . . . . . . . . . . . . . .                   -            2,021                 8,350
      Stock based compensation . . . . . . . . .                   -           72,923               875,000
      Common stock issued for services . . . . .                   -           10,000               123,980
      Forgiveness of debt. . . . . . . . . . . .                   -                -              (372,162)
      Gain on sale of subsidiary . . . . . . . .                   -                -               (49,216)
      Conversion of interest into
        common stock . . . . . . . . . . . . . .              10,241           15,750                60,116
  Accounts payable and accrued liabilities . . .              18,708         (450,836)              482,843
                                                  -------------------  ---------------  --------------------
    Cash used in operating activities. . . . . .             (25,662)        (161,104)           (1,546,879)
                                                  -------------------  ---------------  --------------------

Cash flows from investing activities:
  Investment in computers and equipment. . . . .                   -                -               (16,216)
  Patent costs . . . . . . . . . . . . . . . . .                   -                -               (15,145)
                                                  -------------------  ---------------  --------------------
    Cash used in investing activities. . . . . .                   -                -               (31,361)
                                                  -------------------  ---------------  --------------------

Cash flows from financing activities:
  Proceeds from the sale of common stock . . . .                   -                -             1,150,236
  Proceeds from the sale of preferred stock. . .                   -          200,000               200,000
  Proceeds from note payable . . . . . . . . . .                   -                -               500,000
  Repayment of note payable. . . . . . . . . . .                   -                -              (300,000)
  Proceeds from advance / loan from shareholder.               2,000                -                28,492
                                                  -------------------  ---------------  --------------------
    Cash provided by financing activities. . . .               2,000          200,000             1,578,728
                                                  -------------------  ---------------  --------------------

Increase (decrease) in cash. . . . . . . . . . .             (23,662)          38,896                   488
Cash, beginning of period. . . . . . . . . . . .              24,150              823                     -
                                                  -------------------  ---------------  --------------------
Cash, end of period. . . . . . . . . . . . . . .  $              488   $       39,719   $               488
                                                  ===================  ===============  ====================

Supplemental cash flow disclosure:
  Conversion of note payable into common stock .  $          260,116   $            0
                                                  ===================  ===============
</TABLE>

                       See Notes to Financial Statements.


                                        7
<PAGE>


                         AMALGAMATED TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)

1.     Nature  of  Business

Amalgamated  Technologies,  Inc.  (the  "Company")  was formed under the laws of
Delaware  on  March  7,  1996.  The  Company  is  a development stage company as
defined  by  Financial  Accounting  Standards Board Statement No. 7. The Company
was  organized  to  commercially exploit technology developed in connection with
the secure transmission of digital media and other data on the Internet.  Due to
a lack of funding and the absence of operating revenue the Company was unable to
complete  development  of  any  of  its  products.  The Company is presently not
engaged  in any product research or development and has no plans to do so in the
foreseeable  future.


2.     BASIS  OF  FINANCIAL  STATEMENT  PRESENTATION

The  accompanying  unaudited  financial  statements  of  have  been  prepared in
accordance  with  generally accepted accounting principles for interim financial
information  and  with  the  instructions  to  Form  10-QSB  and  Item 310(b) of
Regulation  S-B.  Accordingly,  they  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 normal and recurring
adjustments  and accruals considered necessary for a fair presentation have been
included.  Operating  results for the nine month period ended September 30, 2003
are  not necessarily indicative of the results that may be expected for the year
ended  December  31,  2003.  For  further  information,  refer  to the financial
statements  and footnotes thereto included in the Company's annual shareholders'
report  incorporated by reference in the Form 10-KSB filed with the SEC on April
15,  2003.

3.     RECENT  ACCOUNTING  PRONOUCEMENTS

     -    In  January  2003,  the  FASB  issued Financial Interpretation No. 46,
          "Consolidation  of  Variable  Interest  Entities"  ("FIN  46").  The
          consolidation  requirements  of  FIN  46 apply immediately to variable
          interest  entities  created  after January 31, 2003. The consolidation
          requirements  apply  to  older  entities  in  the first fiscal year or
          interim  periods  beginning  after  June  15,  2003.  Certain  of  the
          disclosure requirements apply in all financial statements issued after
          January  31, 2003, regardless of when the variable interest entity was
          established.  The Company does not have variable interest entities and
          does  not  expect  the adoption of FIN 46 to have a material effect on
          its  financial  position  or  results  of  operations.


                                        8
<PAGE>

     -    In  April  2003, the FASB issued SFAS No. 149 ("SFAS 149"), "Amendment
          of  Statement  133  on Derivative Instruments and Hedging Activities."
          This  statement  amends  SFAS  133  to  provide  clarification  on the
          financial  accounting  and  reporting  of  derivative  instruments and
          hedging activities and requires contracts with similar characteristics
          to  be  accounted  for  on  a  comparable basis. The Company is in the
          process  of  assessing  the effect of SFAS 149 and does not expect the
          adoption  of  the  statement,  which  will  be effective for contracts
          entered  into  or  modified  after  June  30, 2003, to have a material
          effect  on  its  financial  position  or  results  of  operations.

     -    In  May  2003,  the FASB issued SFAS No. 150 ("SFAS 150"), "Accounting
          for  Certain  Financial  Instruments  with  Characteristics  of  both
          Liabilities  and  Equity."  SFAS  150  establishes  standards  on  the
          classification  and  measurement  of  financial  instruments  with
          characteristics  of  both liabilities and equity. SFAS 150 will become
          effective for financial instruments entered into or modified after May
          31,  2003.  The  adoption of SFAS 150 has not had a material effect on
          the  Company's  financial  position  or  results  of  operations.

Management  does  not  believe  that  recently  issued,  but  not  yet effective
accounting  pronouncements  if currently adopted would have a material effect on
the  accompanying  financial  statements.

4.     ADVANCES  FROM  SHAREHOLDERS

At  September  30,  2003  certain  shareholders  advanced funds on behalf of the
Company  for  general  operating  expenses.  These  advances  are  presently
non-interest  bearing  and  payable  on  demand.


                                        9
<PAGE>

ITEM  2.     PLAN  OF  OPERATION

     We are a development stage company that through our wholly-owned subsidiary
Fullcomm,  Inc.,  was  previously  engaged  in  the  research and development of
proprietary  hardware  and  software  encryption  components  for  digital  data
transfer,  specializing in digital media and data security on the Internet.  Our
activities since the inception of this line of business were devoted to research
and  development,  prototype development, creating a marketing program acquiring
equipment, hiring management personnel and raising capital.  We had no operating
revenues  from  this  line  of  business and financed all of our operations from
loans  and  sales of our common stock.  As of October 8, 2002, we entered into a
Stock  Exchange Agreement that resulted in the sale of Fullcomm, Inc. to Brendan
Elliot  and  Wayne Lee and effectively terminated our engagement in this line of
business.

     As  part  of  our corporate reorganization we have decided to look at other
ventures  of  merit  for  corporate  participation  as  a  means  of  enhancing
shareholder  value.  This  may  involve  sales  of  equity or debt securities in
merger  or  acquisition  transactions.  We  have  minimal  operating  costs  and
expenses at the present time due to our limited activities.  Accordingly, absent
changed  circumstances, we will not be required to raise additional capital over
the  next  twelve  months  although  we  may  do  so in connection with possible
acquisition  transactions.  We  do  not presently engage in any product research
and development and have no plans to do so in the foreseeable future.  We do not
own  any  plant  or  significant  equipment.  We  have  no  present plans to add
employees  although  we  may  do  so in the future if we engage in any merger or
acquisition  transactions.

ITEM  3.  CONTROLS  AND  PROCEDURES

     Our  principal  executive officer and principal financial officer evaluated
the  effectiveness of our disclosure controls and procedures as of a date within
90  days  prior  to  the  filing  of this report.  Based on this evaluation, our
principal  executive officer and principal financial officer have concluded that
our controls and procedures are effective in providing reasonable assurance that
the information required to be disclosed in this report is accurate and complete
and has been recorded, processed, summarized and reported within the time period
required  for  the  filing  of  this  report.  Subsequent  to  the  date of this
evaluation, there have not been any significant changes in our internal controls
or,  to  our  knowledge,  in  other  factors that could significantly affect our
internal  controls.

     Consistent  with  Section 10A(i)(2) of the Securities Exchange Act of 1934,
as  added  by  Section 202 of the Sarbanes-Oxley Act of 2002, we are responsible
for  listing  the  non-audit  services  approved by our Board of Directors to be
performed  by  Rogoff & Company, P.C., our external auditor.  Non-audit services
are defined as services other than those provided in connection with an audit or
a  review of our financial statements.  Our Board of Directors currently has not
approved  the  engagement  of  Rogoff  &  Company, P.C. to perform any non-audit
services  in  2003,  except  for  income  tax  preparation.


                                       10
<PAGE>

                           PART II - OTHER INFORMATION

ITEM  2.     CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

     No  securities  were  issued  by  us during the quarter ended September 30,
2003.

ITEM  6.     EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)     Exhibits

31.1     Rule  13(a)-14(a)/15(d)-14(a)  Certification of Principal Executive and
Financial  Officer

32.1     Section  1350  Certification  of  Chief Executive and Financial Officer

(b)     Reports  on  Form  8-K.

None.



                                       11
<PAGE>


                                   SIGNATURES

     In  accordance with Section 13 or 15(d) of the Exchange Act, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.



                                          AMALGAMATED TECHNOLOGIES, INC.


Dated:  November  13,  2003               By:  /s/  David  Rector
                                               ------------------
                                               David  Rector
                                               President,  Chief  Executive  and
                                               Accounting  Officer


                                       12
<PAGE>