UNITED STATES
                       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 September 30, 2001

[  ]  TRANSITION  REPORT  PURSUANT  TO  SECTION  13 or 15(d) OF THE EXCHANGE ACT
     For  the  transition  period  from  ____________  to  ____________

                        Commission File Number:  0-26699

                         Reliant Interactive Media Corp.

        (Exact name of small business issuer as specified in its charter)

Nevada                                                                91-2007224
(State  or  other  jurisdiction             (IRS  Employer  Identification  No.)
of  incorporation  or  organization)

            2701 N. Rocky Point Dr., Suite 200, Tampa, Florida 33607
                    (Address of principal executive offices)

                                 (813) 282-1717
                           (Issuer's telephone number)

As  of  November  13,  2001, the number of shares outstanding of issuer's common
stock,  .001  par  value,  was  11,289,621.


Transitional  Small  Business  Disclosure  Format  (check  one):  yes [ ] no [X]

                                        1
<PAGE>

                          PART I: FINANCIAL INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS.

The  financial  statements, for the three months and nine months ended September
30,  2001  and  September  30,  2000,  included herein have been prepared by the
Company,  without  audit pursuant to the rules and regulations of the Securities
and  Exchange Commission.  Certain information and footnotes disclosure normally
included  in financial statements prepared in accordance with generally accepted
accounting  principles have been condensed or omitted pursuant to such rules and
regulations,  although the Company believes that the disclosures are adequate to
make  the  information  not  misleading.

                                        2
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION

                        CONSOLIDATED FINANCIAL STATEMENTS

                    SEPTEMBER 30, 2001 AND DECEMBER 31, 2000

                                        3
<PAGE>

    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                      RELIANT INTERACTIVE MEDIA CORPORATION
                           Consolidated Balance Sheets


                                     ASSETS


                                                 September  30,    December  31,
                                                      2001              2000
--------------------------------------------------------------------------------
                                                   (Unaudited)
CURRENT  ASSETS

     Cash  and  cash  equivalents           $     953,874          $     298,734
     Restricted  cash                           2,348,101              1,868,254
     Accounts  receivable,  net                 1,298,532                394,298
     Receivables  -  other                        455,128              1,505,201
     Inventory,  net                              610,643                812,416
     Employee  advances                             7,403                 17,127
     Deferred  tax  asset                           6,941                      -
     Prepaid  income  taxes                        21,000                      -
     Prepaid  inventory  and  expenses            943,843                200,543
                                                   -------               -------

          Total  Current  Assets                6,645,465              5,096,573
                                                ---------              ---------

PROPERTY  AND  EQUIPMENT

     Machinery  and  equipment                     78,525                36,625
     Office  furniture  and  computer  equipment   89,191                50,792
     Leasehold  improvements                       37,239                37,239
                                                   ------                ------

          Total  Property  and  Equipment         204,955               124,656
          Less: Accumulated depreciation          (73,900)              (47,032)
                                                 -------                -------
          Net  Property  and  Equipment           131,055                77,624
                                                  -------                ------

OTHER  ASSET

     Deposits                                      40,266               67,112
     Other  assets,  net                            2,706                    -
     Prepaid  advertising                         925,729            1,224,648
                                                  -------            ---------

          Total  Other  Assets                    968,701            1,291,760
                                                  -------            ---------

          TOTAL  ASSETS                   $     7,745,221        $   6,465,957
                                          =     =========      =     =========

    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                                        4
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                     Consolidated Balance Sheets (Continued)


                      LIABILITIES AND STOCKHOLDERS' EQUITY


                                               September  30,       December 31,
                                                    2001                  2000
--------------------------------------------------------------------------------
                                                 (Unaudited)
CURRENT  LIABILITIES

     Accounts  payable  and  accrued  expenses     $     897,319    $    957,908
     Income  taxes  payable                                    -          33,562
     Allowance  for  sales  returns                      453,634         447,626
     Notes  payable  -  current  portion                       -         954,092
     Notes  payable  -  related  parties                 275,000         362,500
                                                         -------         -------
          Total  Liabilities                            1,625,953      2,755,688
                                                        ---------      ---------

COMMITMENTS  AND  CONTINGENCIES  (Note  3)

STOCKHOLDERS'  EQUITY

     Common  stock:  50,000,000  shares  authorized  of  $0.001
      par  value,  11,289,621  and  7,348,821  shares  issued
      and  outstanding,  respectively                      11,290          7,349
     Additional  paid-in  capital                       7,119,951      4,712,636
     Other  comprehensive  income                           4,992              -
     Accumulated  deficit                              (1,016,965)   (1,009,716)
                                                        ----------    ----------
          Total  Stockholders' Equity                    6,119,268     3,710,269
                                                         ---------     ---------

 TOTAL  LIABILITIES  AND  STOCKHOLDERS'  EQUITY     $   7,745,221  $   6,465,957
                                                   =============================

    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                                        5
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                      Consolidated Statements of Operations
                                   (Unaudited)

<TABLE>
<CAPTION>
                                     For the Three Months Ended                     For the Nine Months Ended
                                            September  30,                                 September  30,
                                        2001                  2000                    2001                 2000
-------------------------------------------------------------------------------------------------------------------
<S>                                <C>                   <C>                     <C>                  <C>
NET  SALES                         $  37,673,892         $   22,135,701          $   101,946,496      $  61,071,511

COST  OF  SALES                       33,073,406               17,724,136             86,343,291         49,674,503
                                   --------------------------------------------------------------------------------
GROSS PROFIT                           4,600,486                4,411,565             15,603,205         11,397,008
                                   --------------------------------------------------------------------------------

OPERATING  EXPENSES

     Depreciation                          9,994                    5,727                27,083              15,939
     General  and  administrative      1,301,819                1,352,193             5,214,170           4,585,530
     Selling  and  marketing           2,492,913                2,332,312             7,759,170           5,279,551
     Royalties                           132,388                  347,473               468,761             746,284
     Stock bonus compensation                  -                        -             2,380,200                   -
   Total  Operating  Expenses          3,937,114                4,037,705            15,849,384          10,627,304
                                   --------------------------------------------------------------------------------

OPERATING  INCOME  (LOSS)                663,372                  373,860              (246,179)            769,704
                                   --------------------------------------------------------------------------------

OTHER  INCOME  (EXPENSES)

     Gain (loss) on exchange rate          3,623                        -               (13,517)                  -
     Gain  on  settlement  of  debt      247,816                        -               247,816                   -
     Interest  expense                    (7,469)                 (26,040)              (34,183)            (42,162)
     Interest  income                      1,025                      376                 3,762               2,321
                                   --------------------------------------------------------------------------------
 Total  Other  Income (Expenses)         244,995                  (25,664)              203,878             (39,841)
                                   --------------------------------------------------------------------------------

INCOME  (LOSS)  BEFORE  INCOME  TAXES    908,366                  348,196               (42,302)            729,863

INCOME  TAX  BENEFIT  (EXPENSE)         (268,061)                (196,193)               35,053            (196,193)
                                   --------------------------------------------------------------------------------

NET  INCOME  (LOSS)                      640,305                  152,003                (7,249)            533,670
                                   --------------------------------------------------------------------------------

OTHER  COMPREHENSIVE  INCOME

  Foreign currency translation
 adjustment                                 (849)                       -                 4,992                   -

NET  COMPREHENSIVE  INCOME  (LOSS)   $   639,456            $     152,003          $     (2,257)      $     533,670
                                   ================================================================================
BASIC  INCOME  (LOSS)
  PER  SHARE  (Note  6)              $     0.06             $       0.02           $      (0.00)      $       0.08
                                   ================================================================================
DILUTED  INCOME  (LOSS)  PER
 SHARE  (Note  6)                    $     0.05             $       0.02           $      (0.00)      $       0.07
                                   ================================================================================
</TABLE>


    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                                        6
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                 Consolidated Statements of Stockholders' Equity

<TABLE>
<CAPTION>
                                                                               Additional            Other
                                                Common  Stock                    Paid-In         Comprehensive     Accumulated
                                         Shares              Amount              Capital             Income          Deficit
---------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>                  <C>                 <C>                 <C>              <C>
Balance,  December  31,  1999           6,310,271          $     6,310         $   3,245,049       $          -     $ (2,567,978)

Capital  withdrawals                            -                    -              (166,100)                 -                -

Common  stock  issued  for  services      538,550                  539               734,187                  -                -

Common  stock  issued  for  cash          500,000                  500               999,500                  -                -

Stock  offering  costs                          -                    -              (100,000)                 -                -

Net  income  for  the  year  ended
 December  31,  2000                            -                    -                     -                  -        1,558,262


Balance,  December  31,  2000           7,348,821                7,349             4,712,636                  -       (1,009,716)

Common  stock  issued  for  services
 (unaudited)                               53,300                   54               42,502                   -                -

Common  stock  issued  for  bonuses
 (unaudited)                            3,900,000                3,900            2,376,300                   -                -

Shares  canceled  in  exchange  for
 forgiving  advance  receivable
 (unaudited)                              (12,500)                (13)              (11,487)                  -                -

Currency  translation  adjustment
 (unaudited)                                    -                   -                     -               4,992                -

Net  loss  for  the  nine  months  ended
 September  30,  2001  (unaudited)              -                   -                     -                   -           (7,249)
---------------------------------------------------------------------------------------------------------------------------------
Balance,  September  30,  2001
 (unaudited)                           11,289,621        $     11,290       $     7,119,951         $     4,992   $   (1,016,965)
=================================================================================================================================
</TABLE>

    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                                        7
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                      Consolidated Statements of Cash Flows
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                           For  the  Nine  Months  Ended
                                                                    September  30,
                                                               2001                 2000
--------------------------------------------------------------------------------------------

CASH  FLOWS  FROM  OPERATING  ACTIVITIES
<S>                                                       <C>                 <C>
     Net  income  (loss)                                  $     (7,249)       $     533,670
     Adjustments  to  reconcile  net  income  (loss)  to
      net  cash  used  in  operating  activities:
          Depreciation  and  amortization                       27,082               15,939
          Currency  translation  adjustment                      4,992                    -
          Amortization  of  prepaid  advertising             1,389,477              542,573
          Loss  on  disposal  of  assets                             -               26,668
          Gain  on  settlement  of  debt                      (247,816)                   -
          Allowance  for  bad  debts                            25,302                9,457
          Allowance for sales returns                            6,008              (15,051)
          Common stock issued for services and bonuses       2,422,756              730,550
     Changes  in  assets  and  liabilities:
          Restricted  cash                                    (479,847)            (734,968)
          Accounts  receivable                              (1,223,530)             (32,933)
          Accounts  receivable  -  other                     1,050,073           (1,074,229)
          Deferred  tax  asset                                  (6,941)                   -
          Inventory                                            201,773               (63,075)
          Deposits                                              26,846               (74,161)
          Prepaids  and advances                              (766,076)             (477,327)
          Prepaid  advertising                              (1,090,558)           (1,053,291)
          Accounts  payable  and  accrued  expenses            (12,773)              334,044
          Income  taxes  payable                               (33,562)              196,193
                                                          -----------------------------------
Net Cash Provided by (Used in) Operating Activities          1,285,957            (1,135,941)
                                                          -----------------------------------

CASH  FLOWS  FROM  INVESTING  ACTIVITIES
     Investment  in  other  assets                             (2,920)                     -
     Purchase  of property and equipment                      (80,299)               (37,239)
                                                          -----------------------------------

               Net  Cash  Used  in  Investing  Activities     (83,219)               (37,239)
                                                          -----------------------------------

CASH  FLOWS  FROM  FINANCING  ACTIVITIES

     Proceeds  from  notes  payable                                 -                957,842
     Capital  withdrawals                                           -               (166,100)
     Payments  on  notes payable                             (460,098)              (318,474)
     Payments  on  notes  payable  -  related  parties        (87,500)               (72,715)
     Payments  on  line  of  credit                                 -               (132,148)
     Proceeds  from  issuance of common stock                       -              1,000,000
     Stock  offering  costs                                         -               (100,000)
                                                          ------------------------------------

Net Cash Provided by (Used in) Financing Activities     $    (547,598)       $     1,168,405
                                                           ------------------------------------
</TABLE>

    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                                        8
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                                AND SUBSIDIARIES
                Consolidated Statements of Cash Flows (Continued)
                                   (Unaudited)

                                             For  the  Nine  Months  Ended
                                                     September  30,
                                                 2001              2000
--------------------------------------------------------------------------------


NET  INCREASE  (DECREASE)  IN  CASH  AND
 CASH  EQUIVALENTS                        $     655,140          $     (4,775)

CASH  AND  CASH  EQUIVALENTS,
 BEGINNING  OF  PERIOD                          298,734                26,404
                                          -------------------------------------

CASH  AND  CASH  EQUIVALENTS,
 END  OF  PERIOD                          $     953,874          $     21,629
                                          =====================================

Cash  payments  for:

     Income  taxes                         $     26,450          $          -
     Interest                              $     13,152          $     16,122

Non-cash  financing  and  investing  activities:

     Common stock issued for services
 and bonus compensation                $     2,422,756           $    730,550
     Common  stock  canceled  as
  payment on advance receivable        $        11,500           $          -

    The accompanying notes are an integral part of these consolidated financial
                                   statements.

                                        9
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                 Notes to the Consolidated Financial Statements
                               September 30, 2001


NOTE  1  -     BASIS  OF  FINANCIAL  STATEMENT  PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been
prepared  by the Company 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 in accordance with such
rules  and  regulations.  The  information  furnished  in  the interim condensed
consolidated  financial  statements  include  normal  recurring  adjustments and
reflects all adjustments, which, in the opinion of management, are necessary for
a  fair presentation of such financial statements.  Although management believes
the  disclosures  and information presented are adequate to make the information
not  misleading,  it  is  suggested  that  these  interim condensed consolidated
financial  statements  be  read  in  conjunction  with the Company's most recent
audited financial statements and notes thereto included in its December 31, 2000
Annual  Report  on  Form  10-KSB.  Operating  results  for the nine months ended
September  30,  2001  are  not necessarily indicative of the results that may be
expected  for  the  year  ending  December  31,  2001.

NOTE  2  -     OTHER  COMPREHENSIVE  INCOME

The  Company  reports other comprehensive income in accordance with Statement of
Financial  Accounting Standards No. 130, "Reporting Comprehensive Income" ("SFAS
No.  130").  SFAS  No.  130 establishes standards for reporting in the financial
statements  all  changes  in equity during a period, except those resulting from
investments  by  and  distributions  to  owners.  For  the  Company,  other
comprehensive  income  consists  of  foreign  currency  translation adjustments.
Total  other  comprehensive income was $4,992 and $-0- for the nine months ended
September  30,  2001  and  2000,  respectively.

NOTE  3  -     COMMITMENTS  AND  CONTINGENCIES

     Employment  Agreements
     ----------------------

The  Company has entered into an employment agreement with Kevin Harrington, CEO
of  the  Company.  Mr. Harrington will receive an annual salary of $250,000.  In
addition,  Mr.  Harrington  shall receive 100,000 shares of the Company's common
stock  for  each $10,000,000 in sales of the Company with a maximum of 1,500,000
shares  to  be  issued.  However, none of these shares shall be earned or issued
until  the  Company's  sales  exceed an aggregate of $125,000,000 beginning from
January  1,  1999.  The  employment  agreement  ends  on  December  15,  2005.

The  Company  has  entered  into  an  employment  agreement with Tim Harrington,
President  of  the  Company.  Mr.  Harrington  will  receive an annual salary of
$250,000.  In  addition,  Mr.  Harrington  shall  receive  100,000 shares of the
Company's  common  stock  for  each  $10,000,000  in sales of the Company with a
maximum  of  1,500,000 shares to be issued.  However, none of these shares shall
be  earned  or  issued  until  the  Company's  sales  exceed  an  aggregate  of
$125,000,000  beginning  from January 1, 1999.  The employment agreement ends on
December  15,  2005.

                                       10
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                 Notes to the Consolidated Financial Statements
                               September 30, 2001


NOTE  3  -     COMMITMENTS  AND  CONTINGENCIES  (Continued)

The  Company has entered into an employment agreement with Mel Arthur, Executive
Vice  President  of  the  Company.  Mr.  Arthur will receive an annual salary of
$250,000.  In addition, Mr. Arthur shall receive 100,000 shares of the Company's
common  stock  for  each  $10,000,000  in sales of the Company with a maximum of
900,000  shares  to be issued.  However, none of these shares shall be earned or
issued  until  the Company's sales exceed an aggregate of $125,000,000 beginning
from  January  1,  1999.  The  employment  agreement  ends on December 15, 2005.

NOTE  4  -     EQUITY  TRANSACTIONS

During  the  nine  months  ended  September  30,  2001,  the Company reached and
exceeded  an  aggregate  of $150,000,000 in sales beginning from January 1, 1999
and  as  a result, three officers of the Company earned their respective revenue
performance bonuses as detailed in their employment contracts (see Note 3).  The
Company  issued 1,500,000 shares of common stock to Kevin Harrington, CEO of the
Company,  1,500,000  shares  of common stock to Tim Harrington, President of the
Company,  and  900,000  shares  of  common  stock  to  Mel  Arthur,  Executive
Vice-President  of  the  Company  in  payment of these bonuses.  The shares were
valued  at  the  market  price  of  the common stock on the date the shares were
earned.  The  Company also issued an additional 53,300 shares of common stock to
employees  of  the  Company  for  services  rendered.  Finally, 12,500 shares of
common  stock were canceled by the Company as payment for an employee advance in
the  amount  of  $11,500.

NOTE  5  -     RECLASSIFICATIONS

Certain  2000  amounts  have  been  reclassified  to  conform  to  the  2001
presentations.

NOTE  6  -     BASIC  AND  DILUTED  INCOME  (LOSS)  PER  SHARE

The  computation  of basic and diluted income per share of common stock is based
on  the  weighted  average number of shares outstanding during the period of the
financial  statements  as  follows:

                                       11
<PAGE>

<TABLE>
<CAPTION>
                             For  the  Nine  Months  Ended                       For  the  Nine  Months  Ended
                                  September  30,  2001                                 September  30,  2000
------------------------------------------------------------------------------------------------------------------------
                             Loss         Shares         Per-Share          Income            Shares          Per  Share
                         (Numerator)  (Denominator)       Amount         (Numerator)      (Denominator)        Amount
------------------------------------------------------------------------------------------------------------------------
<S>                    <C>               <C>              <C>         <C>                  <C>               <C>
Basic  Earnings  (Loss)  Per  Share

Income available to
common stockholders     $     (7,249)    11,014,986       $(0.00)     $     533,670         6,706,123        $     0.08
                        ================================================================================================
Effect  of  Dilutive  Securities

     Common  stock  options        -              -                               -           420,000
                        ------------------------------------------------------------------------------------------------

Diluted  Earnings  (Loss)  Per  Share

Income available  to
common stockholders
plus assumed conversions  $   (7,249)    11,014,986    $   (0.00)    $     533,670          7,126,123       $     0.07
                        ===============================================================================================
</TABLE>

                                       12
<PAGE>

                      RELIANT INTERACTIVE MEDIA CORPORATION
                 Notes to the Consolidated Financial Statements
                               September 30, 2001


          NOTE  6  -  BASIC  AND  DILUTED  INCOME  (LOSS)  PER SHARE (Continued)
<TABLE>
<CAPTION>
                                For the Three Months Ended                       For the  Three  Months  Ended
                                   September  30,  2001                                September  30,  2000
------------------------------------------------------------------------------------------------------------------------
                             Loss         Shares         Per-Share          Income            Shares          Per  Share
                         (Numerator)  (Denominator)       Amount         (Numerator)      (Denominator)        Amount
------------------------------------------------------------------------------------------------------------------------
<S>                    <C>               <C>              <C>         <C>                  <C>              <C>

Basic  Earnings  (Loss)  Per  Share

Income available to
common stockholders    $    640,305          11,284,125     $   0.06    $    152,003          7,110,570      $     0.02
                       =================================================================================================
Effect  of  Dilutive  Securities

Common  stock  options            -            420,000                             -           420,000


Diluted  Earnings  (Loss)  Per  Share

Income available  to
common stockholders
plus assumed conversions  $   640,305      11,704,125    $     0.05          $     152,003   7,530,570      $     0.02
                          =============================================================================================
</TABLE>

                                       13
<PAGE>

Options to purchase 420,000 shares of common stock were outstanding at September
30,  2001.  These  options expire on June 30, 2004 and have been included in the
computation  of  diluted  income  (loss) per share for the three and nine months
ended  September  30, 2000 and the three months ended September 30, 2001.  These
options  are not included in the computation for the nine months ended September
30,  2001  because  they  would  be  antidilutive.

NOTE  7  -     RELATED  PARTY  TRANSACTIONS

In a related party transaction, Kevin Harrington, Tim Harrington, and Mel Arthur
(CEO, President, and Executive Vice-President of the Company, respectively) each
acquired  250 shares (a total of 750 shares) of Ideal Health, a private company.
The  acquired shares represents approximately 7% ownership in Ideal Health.  The
Company  has  done  business with Ideal Health in the previous year, but not for
the  nine  months  ended September 30, 2001.  The share acquisition by the above
officers  was  approved  by  the  Board  of  Directors  of  the  Company.


ITEM  2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF  OPERATIONS

INTRODUCTION

    The  following discussion and analysis of financial condition and results of
operations  should  be  read  in  conjunction  with  the  Company's accompanying
unaudited  consolidated  financial  statements and notes included herein and the
audited  consolidated  financial  statements and notes included in the Company's
Annual  Report  on  Form 10-KSB for the fiscal year ended December 31, 2000. The
plan  of  operations for the next 12 months is substantially unchanged from that
plan  reported  in  our  Form  10-KSB  that  was  filed  on  April  16,  2001.


CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE
SECURITIES  LITIGATION  REFORM  ACT  OF  1995.

The  following  Management's  Discussion and Analysis of Financial Condition and
Results  of  Operations  and  other  materials  filed  by  the  Company with the
Securities  and  Exchange  Commission  (as  well as information included in oral
statements  or  other  written  statements  made  or  to be made by the Company)
contain  certain  "forward-looking statements" within the meaning of the Private
Securities  Litigation  Reform  Act  of  1995.  These  statements  are  based on
management's current expectations and are accordingly subject to uncertainty and
changes  in  circumstances.  Actual  results  may  vary  materially  from  the
expectations  contained  herein due to various important factors, including (but
not  limited  to):  consumer  spending and debt levels; interest rates; seasonal
variations  in  consumer  purchasing activities; competitive pressures on sales;
pricing  and gross profit margins; the level of cable and satellite distribution
for  the Company's programming and fees associated therewith; the success of the
Company's  e-commerce; the ability of the Company to continue to obtain adequate
financing  at  competitive  rates  for  the  purchase  of  media  time  for  our
programming  and  for  the  purchase  of inventory for the products that we have
manufactured  for  sale;  the  success  of the Company's strategic alliances and
relationships;  the  ability  of  the  Company  to manage its operating expenses
successfully;  changes in governmental or regulatory requirements; litigation or
governmental  proceedings affecting the Company's operations; and the ability of
the  Company  to  obtain  and retain key executives and employees. Investors are
cautioned  that  all forward-looking statements involve risk and uncertainty and
the  Company is under no obligation (and expressly disclaims any such obligation
to)  update  or  alter its forward-looking statements whether as a result of new
information,  future  events  or  otherwise.

                                       14
<PAGE>

                 SELECTED CONDENSED CONSOLIDATED FINANCIAL DATA
<TABLE>
<CAPTION>
                               For the Three Months Ended    For the Nine  Months Ended
                                      September  30,              September  30,
                                  2001           2000          2001           2000
---------------------------------------------------------------------------------------
<S>                           <C>            <C>           <C>          <C>
          NET SALES              100.00%        100.00%        100.00%        100.00%

       COST OF SALES              87.79%         80.07%         84.69%         81.34%

        GROSS PROFIT              12.21%         19.93%         15.31%         18.66%

OPERATING  EXPENSES

Depreciation and Amortization     0.03%           0.03%         0.03%           0.03%
   General and Administrative     3.45%           6.11%         5.12%           7.51%
      Selling and Marketing       6.62%          10.53%         7.61%           8.64%
            Royalties             0.35%           1.57%          .46%           1.22%
    Stock Bonus Compensation      0.00%           0.00%         2.33%           0.00%

   Total Operating Expenses      10.45%          18.24%        15.55%          17.40%

  OPERATING INCOME (LOSS)        1.76%            1.69%        (.24)%           1.26%
</TABLE>


                              RESULTS OF OPERATION

NET  SALES

     Net sales for the three months ended September 30, 2001 were $37.67 million
an increase of $15.53 million, or 70.2%, over September 30, 2000 sales of $22.14
million.  For  the  nine  months ended September 30, 2001 net sales were $101.95
million  an  increase  of  $40.88  million, or 66.9%, compared with net sales of
$61.07  million  for  the nine months ended September 30, 2000. This increase in
net sales is primarily attributable to the increased volume in sales of computer
systems.  The  net  sales  of  computer  systems for the quarter and nine months
ended  September  30,  2001  increased  by  $17.32  million  and $38.40 million,
respectively,  or  169.51%  and 108.98%, respectively, over the comparable prior
year  periods.

COST  OF  SALES

     Cost  of  sales  for  the third quarter and nine months ended September 30,
2001  were $33.07 million and $86.34 million ,respectively an increase OF 86.60%
and 73.82%, respectively over the cost of sales of $17.72  million for the three
months  ended  September  30,  2000 and $49.67 million for the nine months ended
September  30,  2000.  The  percentage  increases  for  the three and nine month
periods was reflective of the lower margins realized on computer system sales as
compared  to  the  other  products  sold.

                                       15
<PAGE>

GROSS  PROFITS

     The  resulting  gross  profits  in  the third quarter and nine months ended
September  30,  2001  of  $4.60  million  and $15.60 million increased 4.28% and
36.9%, respectively, when compared to the same periods last year.   Gross profit
percentages  of  12.21%  and 15.31% for the quarter and nine month periods ended
September  30,  2001,  decreased  from  the 19.93% and 18.66% for the comparable
periods  in  the  prior  year.  This  decrease in the percentage of gross profit
percentage  is  attributed  to  the lower margins on computer sales as discussed
above.

OPERATING  EXPENSES

     Total  operating  expenses of the three months ended September 30, 2001 and
nine  months  ended  September  30,  2001 were $3.94 million and $15.85 million,
respectively.  This  compares  to  $4.04  million  and  $10.63  million  for the
comparable periods in 2000.  As a percentage of net sales, operating expenses in
the  third  quarter  and  nine  months  ended September 30, 2001 were 10.45% and
15.55%,  respectively.  As  a  percentage of net sales, total operating expenses
decreased  7.79%  and  1.85%,  respectively,  from the 18.24% and 17.40% for the
three  and  nine  month  periods  ended  September  30,  2000.

       General  and  administrative  expenses for the third quarter decreased by
$(50,374),  or  (3.73)%,  compared to the third quarter of 2000 and increased by
$628,640, or 13.7%, for the nine months ended September 30, 2001 compared to the
same  period  of  2000.   General and administrative expenses as a percentage of
net  sales for the quarter and nine months ended September 30, 2001 decreased to
3.45%  and  5.12%,  from  the  6.11%  and 7.51%, respectively, in the comparable
periods  of  2000.  Although  sales have increased substantially for the quarter
and  nine  months  ended  September  30, 2001, the Company has been able to keep
General  and  administrative  relatively  constant  with  the  prior  year.

     Selling  and marketing expenses for the third quarter and nine months ended
September  30,  2001  increased  160,601,  or  6.9%  and  $2,479,619,  or  47%,
respectively,  when  compared to the same periods last year.  As a percentage of
net  sales however, Selling and marketing expenses decreased to 6.62% and 7.61%,
respectively, for the quarter and nine months ended September 30, 2001, compared
to 10.53% and 8.64% for the comparable periods in 2000. As net sales continue to
increase  the  Company expects Selling and marketing expenses as a percentage of
sales  to  be  at  or  below  2001  levels.

     In  the  first quarter ended March 31, 2001, the Company recognized a $2.38
million expense attributable to certain stock bonuses earned by management under
the terms of their employment agreements. Due to the fact that management agreed
to  revise  their employment contracts effective at the end of the first quarter
of  this  year,  no additional bonuses can be earned based upon net sales of the
company.  Please  see  notes  3  and  4  to  the enclosed Consolidated Financial
Statements.

OPERATING  INCOME

                                       16
<PAGE>

     Operating  income  (loss)  for  the  third  quarter  and  nine months ended
September  30,  2001 was $663,372 and $(246,179), respectively.  This represents
an  increase  of  77.44%,  and  a  decrease of 131.98%, respectively compared to
operating  income  of $373,860 in the third quarter of 2000 and $769,704 for the
nine  months  ended  September 30, 2000.  The primary reason for the decrease in
operating  income  for  the  nine  months ended September 30, 2001 was the $2.38
million  stock  bonus  compensation  expense, discussed above, recognized in the
first  quarter  of  2001.

NET  INCOME

     Our  net income for the third quarter of 2001 was $639,456 as compared to a
net income of $152,003 for the third quarter of 2000 representing an increase of
$487,453, or 320.69%.  For the nine months ended September 30, 2001, the Company
had  a  $(2,257)  net  loss,  after  deducting  the  $2.38  million  stock bonus
compensation  expense,  discussed  above, compared to net income of $533,670 for
the  comparable  period  in  2000.

FINANCIAL  CONDITION,  LIQUIDITY  AND  CAPITAL  RESOURCES

     As of September 30, 2001 cash and cash equivalents was $953,874 compared to
$298,734 at December 31, 2000 and $21,629 at September 30, 2000.    Total assets
increased  to  $7.7  million  at  September 30, 2001 compared to $6.5 million at
December  31,  2000  and $5.8 million at September 30, 2000.  In addition to the
increase  in cash during this year, restricted cash increased by $479,847, total
accounts  receivable decreased by $145,839, and inventory decreased by $201,773.
The  above  mentioned  changes,  along  with  a  reduction  in  Notes payable of
$1,041,592  are  the  primary  reasons  that  working capital increased to $5.02
million  at  September  30, 2001 compared to working capital of $2.34 million at
December  31,  2000.

     For the nine month period ended September 30, 2001 the net cash provided by
operating  activities was $1,285,957 as compared to net cash (used in) operating
activities  of  ($1,135,941)  in  the  first nine months of last year.  Net cash
(used  in) investing and financing activities was ($630,817) for the nine months
ended  September  30,  2001  as  compared  to net cash provided by investing and
financing  activities  of  $1,131,199  in  the  first  nine months of last year.

Item  6.  There  were  no  reports  filed  on  Form  8-K.

                                       17
<PAGE>

                                   SIGNATURES


     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-QSB  Report  for  the Quarter ended September 30, 2001, has been signed
below  by  the following persons on behalf of the Registrant and in the capacity
and  on  the  date  indicated.


Dated:  August  13,  2001

                         Reliant Interactive Media Corp.

                                       by



/s/ Kevin  Harrington          /s/ Rocky  Davis
    Kevin  Harrington              Rocky  Davis
    CEO                            Comptroller
                                   Principal  Financial  Officer

                                       18
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