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 March 31, 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 of     (I.R.S. Employer 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 May 13, 2003, there were 2,625,815 shares of the Registrant's common
stock,  par  value  $.0001  per  share  issued  and  outstanding.

<PAGE>

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

                                     PAGE 1
<PAGE>


                         AMALGAMATED TECHNOLOGIES, INC.
                 MARCH 31, 2003 QUARTERLY REPORT ON FORM 10-QSB
                                TABLE OF CONTENTS

                                                            Page Number

             Special Note Regarding Forward Looking Statements        3

                          PART I FINANCIAL INFORMATION

Item  1.     Financial  Statements                                    4
Item  2.     Plan  of  Operation                                      9
Item  3      Controls  and  Procedures                                9

                            PART II OTHER INFORMATION

Item  2.     Changes  in  Securities  and  Use  of  Proceeds         10
Item  3.     Defaults  Upon  Senior  Securities                      10
Item  6.     Exhibits  and  Reports  on  Form  8-K                   10



                                     PAGE 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  March  31,  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.

                                     PAGE 3
<PAGE>



                         PART I - FINANCIAL INFORMATION

ITEM  1.     FINANCIAL  STATEMENTS                                          PAGE
                                                                            ----

     Consolidated Balance Sheet as of March 31, 2003 and December 31, 2002     5

     Consolidated  Statements  of  Operations
          for the three months ended March 31, 2003 and 2002 and for the
          period from inception on January 15, 1999 through March 31, 2003     6

     Consolidated  Statements  of  Cash  Flows
          for the three months ended March 31, 2003 and 2002 and
          for the period from inception on January 15, 1999 through
          March 31, 2003                                                       7

     Notes  to  Consolidated  Financial  Statements                            8


                                     PAGE 4
<PAGE>


                          PART I. FINANCIAL INFORMATION

ITEM  1.     FINANCIAL  STATEMENTS

                         AMALGAMATED TECHNOLOGIES, INC.

                          (A DEVELOPMENT STAGE COMPANY)

                                  BALANCE SHEET

<TABLE>
<CAPTION>

                                                   MARCH  31,     DECEMBER  31
                                                      2003           2002
                                                                  ------------
                                                   UNAUDITED
                                                   ----------

<S>                                                <C>            <C>


  ASSETS

  CURRENT ASSETS:
     CASH                                         $     2,485     $   24,150
                                                  ===========     ==========
  LIABILITIES AND SHAREHOLDERS' DEFICIT

  CURRENT LIABILITIES:
     ACCOUNTS PAYABLE AND ACCRUED EXPENSES        $     4,000     $   21,017
     LOAN PAYABLE                                     255,125        249,875
                                                  -----------     ----------

  TOTAL CURRENT LIABILTIES                            259,125        270,892
                                                  -----------     ----------

  STOCKHOLDERS' DEFICIT:
     PREFERRED STOCK, 10,000,000 SHARES AUTHORIZED,
       $0.001 PAR VALUE, 10,000 SHARES ISSUED               -             -
       AND OUTSTANDING                                     10            10
     COMMON STOCK, 200,000,000 SHARES AUTHORIZED,
       $0.0001 PAR VALUE, 2,625,815 ISSUED AND
       OUTSTANDING                                        263           263
     CAPITAL IN EXCESS OF PAR                       2,374,163     2,374,163
     DEFICIT ACCUMULATED DURING THE DEVELOPMENT
       STAGE                                       (2,631,076)   (2,621,178)
                                                  -----------     ----------

  TOTAL SHAREHOLDERS' DEFICIT                      (  256,640)   (  246,742)
                                                  -----------     ----------

  TOTAL LIABILITIES AND SHAREHOLDERS'
    DEFICIT                                        $    2,485     $  24,150
                                                  ===========     ==========

</TABLE>


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS.

                                     PAGE 5
<PAGE>


                         AMALGAMATED TECHNOLOGIES, INC.

                          (A DEVELOPMENT STAGE COMPANY)

                             STATEMENT OF OPERATIONS
                                    (UNAUDITED)
<TABLE>
<CAPTION>



                                           FOR  THE  THREE     FOR  THE  PERIOD
                                           MONTHS  ENDED        JAN.  15, 1999
                                             MARCH  31,           (INCEPTION)
                                             ----------             THROUGH
                                         2003         2002       MAR. 31, 2003
                                     -----------  -----------   ---------------
<S>                                 <C>         <C>           <C>
     REVENUE                         $         -  $         -   $           -
                                     -----------  -----------   -------------

     OPERATING EXPENSES:
       GENERAL AND ADMINISTRATIVE          4,664       26,685       1,217,498
       DEFERRED COMPENSATION                   -       72,923         875,000
       STOCK ISSUED FOR SERVICES               -            -         122,830
       RESEARCH AND DEVELOPMENT                -       28,794         785,958
       DEPRECIATION EXPENSE                    -          674           8,350
                                     -----------  -----------   -------------
     TOTAL OPERATING EXPENSES              4,664      129,076       3,009,636
                                     -----------  -----------   -------------

     INCOME BEFORE OTHER INCOME       (    4,664)  (  129,076)   (  3,009,636)
                                     -----------  -----------   -------------

     OTHER INCOME (EXPENSE):
       FORGIVENESS OF DEBT                     -            -         372,162
       GAIN ON SALE OF SUBSIDIARY              -            -          49,216
       INTEREST AND DIVIDEND INCOME           16            2          15,959
       INTEREST EXPENSE               (    5,250)  (    5,000)   (     58,777)
                                     -----------  -----------   -------------

     TOTAL OTHER INCOME (EXPENSE)     (    5,234)  (    4,998)        378,560
                                     -----------  -----------   -------------

     NET LOSS                        $(    9,898) $(  134,074)  $(  2,631,076)
                                     ============ ============  ==============

     BASIC NET LOSS PER SHARE        $(      .00) $(      .72)
                                     ============ ============

     BASIC WEIGHTED AVERAGE
     NUMBER OF SHARES OUTSTANDING      2,625,815      186,591
                                     ============ ============

</TABLE>



                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS.

                                     PAGE 6
<PAGE>




                          AMALGAMATED TECHNOLOGIES, INC.

                           (A DEVELOPMENT STAGE COMPANY)

                              STATEMENT OF CASH FLOWS
<TABLE>
<CAPTION>


                                                                  FOR  THE PERIOD
                                               FOR THE THREE      JAN.  15,  1999
                                                MONTHS ENDED        (INCEPTION)
                                                  MARCH  31,          THROUGH
                                              2003         2002     MAR. 31, 2003
                                            ----------  ----------- -------------
<S>                                         <C>        <C>        <C>


CASH FLOWS FROM OPERATING ACTIVITIES:
NET (LOSS)                                  $ (9,898)   $(134,074) $(2,631,076)
ADJUSTMENTS TO RECONCILE NET (LOSS)
    TO NET CASH USED IN OPERATING ACTIVITIES
DEFERRED COMPENSATION                                -     72,923      875,000
FORGIVENESS OF DEBT                                  -          -     (372,162)
GAIN ON SALE OF SUBSIDIARY                           -          -      (49,216)
STOCK ISSUED FOR SERVICES                            -          -      122,830
DEPRECIATION                                         -        674        8,350
INTEREST EXPENSE                                 5,250      5,000       55,125
INCREASE (DECREASE) IN ACCOUNTS PAYABLE
    AND ACCRUED EXPENSES                       (17,017)    55,439      448,267
                                            ----------  ----------- -----------

NET CASH USED IN OPERATING ACTIVITIES          (21,665)       (38)  (1,542,882)
                                            ----------  ----------- -----------

CASH FLOWS FROM INVESTING ACTIVITY:
PURCHASE OF FURNITURE AND EQUIPMENT                  -          -      (16,216)
PATENT COSTS                                         -          -      (15,145)
                                            ----------  ----------- -----------

NET CASH USED IN INVESTING ACTIVITIES                -          -      (31,361)
                                            ----------  ----------- -----------

CASH FLOWS FROM FINANCING ACTIVITIES:
PROCEEDS OF ISSUANCE OF COMMON STOCK                 -          -    1,150,236
PROCEEDS OF ISSUANCE OF PREFERRED STOCK              -          -      200,000
PROCEEDS OF NOTE PAYABLE                             -          -      500,000
REPAYMENT OF NOTE PAYABLE                            -          -     (300,000)
PROCEEDS FROM LOAN TO SHAREHOLDER                    -          -       26,492
                                            ----------  ----------- -----------

NET CASH PROVIDED BY FINANCING ACTIVITIES            -          -    1,576,728
                                            ----------  ----------- -----------

NET INCREASE (DECREASE) IN CASH                (21,665)       (38)       2,485
CASH AT BEGINNING OF PERIOD                     24,150        823            -
                                            ----------  ----------- -----------
CASH AT END OF PERIOD                       $    2,485  $     785   $    2,485
                                            ==========  =========== ===========

</TABLE>




                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS.

                                     PAGE 7
<PAGE>

                         AMALGAMATED TECHNOLOGIES, INC.

                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENT

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 three month periods ended March 31, 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.     Long-Term  Loans  Payable

On  August  16,  2000 the Company executed a $200,000 promissory note.  The note
provides  for  interest  on the principal, accrued at a rate of 10.5% per annum.
The  principal  and  all  accrued  interest were payable upon the earlier of (i)
August  3,  2001  or (ii) the consummation of an equity or debt financing by the
Company  in  an amount equal to or greater than $200,000.  At March 31, 2003 the
principal  and  accrue  interest  due  was  $255,125.  The  note  is in default.



                                     PAGE 8
<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, 2003, 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 out 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.


                                    PAGE 9
<PAGE>

                           PART II - OTHER INFORMATION

ITEM  2.     CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

     No  equity  securities  were  sold  by us during the period covered by this
Report.

ITEM  3.     DEFAULTS  UPON  SENIOR  SECURITIES

     On  August  16,  2000,  we  executed a 10.5%, $200,000 promissory note (the
"Note")  in  favor  of  Jenadosa  Holdings, a British Virgin Islands corporation
("Jenadosa")  in  exchange  for a loan in the amount of $200,000 (the "Principal
Amount")  from  Jenadosa  to  us.  The Principal Amount and all accrued interest
thereon was due on August 3, 2001.  We have not made payment on the Note and are
in  default.  Jenadosa  has not demanded payment and has taken no action at this
time.

ITEM  6.     EXHIBITS  AND  REPORTS  ON  FORM  8-K

     (a)  Exhibits.

          99.1     Certificate  of  Chief  Executive  and  Financial  Officer

     (b)  Reports  on  Form  8-K.

          None.

                                    PAGE 10
<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:  May  13,  2003                 By:     /s/  David  Rector
                                               ---------------------------------
                                               David  Rector
                                               President,  Chief  Executive  and
                                               Accounting  Officer

                                    PAGE 11
<PAGE>


                                 CERTIFICATIONS

     I,  David  Rector,  certify  that:

     1.  I  have  reviewed  this  quarterly report on Form 10-QSB of Amalgamated
Technologies,  Inc.

     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.  I  am  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 know to me 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  my  conclusions  about  the
          effectiveness  of  the  disclosure controls and procedures based on my
          evaluation  as  of  the  Evaluation  Date;

     5.  I  have  disclosed,  based  on  my  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
     (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.     I  have indicated in this quarterly report whether or not there were
significant  changes  in  internal  controls  or  in  other  factors  that could
significantly  affect internal controls subsequent to the date of my most recent
evaluation,  including  any  corrective  actions  with  regard  to  significant
deficiencies  and  material  weaknesses.

Date:  May  13,  2003
                                                 /s/  David  Rector
                                                 ------------------
                                                 David  Rector
                                                 Principal  Executive  and
                                                 Financial  Officer

                                    PAGE 12
<PAGE>