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        March  31, 2001
                               ---------------------------------

( ) 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      000-32361
                       --------------------

                                  YUMMIES, INC.
             -------------------------------------------------------
               (Exact name of registrant as specified in charter)


         Nevada                                                  87-0615629
-------------------------------                                --------------
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)


1981 East Murray Holiday Rd,  Salt Lake City, Utah                  84117
---------------------------------------------------           -----------------
(Address of principal executive offices)                         (Zip Code)

                                  801-272-9294
               Registrant's telephone number, including area code



             -----------------------------------------------------
             (Former name, former address, and former fiscal year,
                         if changed since last report.)

Indicate by check mark 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 (or for such  shorter  period that the  registrant  was
required to file such reports), Yes [x ] No [ ] and (2) has been subject to such
filing requirements for the past 90 days. Yes [x ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the last practicable date

       Class                                   Outstanding as of March 31, 2001
     ---------                               -----------------------------------
Common  Stock, $0.001                                      2,505,000







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                               INDEX

                                                                                     Page
                                                                                     Number
<S>                 <C>                                                            <C>
PART I.

          ITEM 1.    Financial Statements (unaudited)..................................3

                     Balance Sheets....................................................4
                        March 31, 2001 and September 30, 2000

                     Statements of Operations
                        For the three months ended March  31, 2001 and 2000............5
                           and the period June 10, 1998 to March 31, 2001

                     Statements of Cash Flows
                         For the three months ended March 31, 2001 and 2000............6
                            and the period June 10, 1998  to March 31, 2001
                     Notes to Financial Statements.....................................7

          ITEM 2.    Plan of Operations................................................8

PART II.             Signatures........................................................8



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<PAGE>



                         PART I - FINANCIAL INFORMATION

--------------------------------------------------------------------------------

                          ITEM 1. FINANCIAL STATEMENTS

--------------------------------------------------------------------------------



The accompanying balance sheets of YUMMIES, Inc. ( development stage company) at
March 31, 2001 and September 30, 2000, and the related  statements of operations
for the three and six months  ended  March 31, 2001 and 2000 and the period June
10, 1998 to March 31,  2001,  the  statement of cash flows for the three and six
months ended March 31, 2001 and 2000,  and the period June 10, 1998 to March 31,
2001, have been prepared by the Company's management and they do not include all
information  and notes to the  financial  statements  necessary  for a  complete
presentation of the financial position,  results of operations,  cash flows, and
stockholders'   equity  in  conformity   with  generally   accepted   accounting
principles.  In the opinion of management,  all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been included and all such adjustments are of a normal recurring nature.

Operating  results for the quarter  ended March 31,  2001,  are not  necessarily
indicative of the results that can be expected for the year ending September 30,
2001.





                                       3
<PAGE>



                                  YUMMIES, INC.
                          (A Development Stage Company)

                                 BALANCE SHEETS

                      MARCH 31, 2001 AND SEPTEMBER 30, 2000



                                                        March 31,  September 30,
                                                          2001         2000
                                                        -------       -------
Assets
------

Current Assets:
    Cash                                                $12,029       $12,029
                                                        -------       -------


         Total current assets                            12,029        12,029
                                                        -------       -------


         Total Assets                                   $12,029       $12,029
                                                        =======       =======


Liabilities and Stockholders' Equity
------------------------------------

Current Liabilities:                                    $  --         $  --
                                                        -------       -------

         Total current liabilities                         --            --
                                                        -------       -------


Stockholders' Equity:
    Common stock, $.001 par value
        50,000,000 shares authorized,
        2,505,000 and 6,105,000 issued
        and outstanding                                   2,505         6,105

    Additional paid-in capital                            9,524         5,924
    Deficit accumulated during the
        development stage                                  --            --
                                                        -------       -------

         Total Stockholders' Equity                      12,029        12,029
                                                        -------       -------

         Total Liabilities and
       Stockholders' Equity                             $12,029       $12,029
                                                        =======       =======





                     The accompanying notes are an integral
                        part of the financial statements.

                                        4

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                                                   YUMMIES, INC.
                                           (A Development Stage Company)

                                             STATEMENTS OF OPERATIONS



                                                                                               For the Period
                                For the         For the         For the         For the         June 10, 1998
                             Three Months    Three Months     Six Months       Six Months        (Inception)
                                Ended            Ended           Ended           Ended             Through
                              March 31,        March 31,       March 31,        March 31,          March 31,
                                2001             2000            2001             2000               2001
                             ----------       ----------       ---------       -----------       -----------
<S>                          <C>             <C>              <C>              <C>               <C>
Revenues                     $     --        $      --         $     --        $      --         $      --

Expenses, general
    and administrative             --               --              --                --                --
                             ----------       ----------       ---------       -----------       -----------

    Operating income               --               --              --                --                --

Other income
  (expense)                        --               --              --                --                --
                             ----------       ----------       ---------       -----------       -----------

    Net income               $     --         $     --         $    --         $      --         $      --
                             ==========       ==========       =========       ===========       ===========

Net income per share         $     --         $     --         $    --         $      --         $      --
                             ==========       ==========       =========       ===========       ===========





                                     The accompanying   notes  are  an  integral
                                         part of the financial statements.

                                                         5

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                                  YUMMIES, INC.
                          (A Development Stage Company)

                            STATEMENTS OF CASH FLOWS

                                                                                For the
                                                                                 Period
                           For the       For the       For the     For the   June 10, 1998
                         Three Months  Three Months  Six Months   Six Months  (Inception)
                           Ended         Ended         Ended        Ended       Through
                          March 31,     March 31,     March 31,    March 31,    March 31,
                             2001          2000          2001        2000         2001
                         ------------  ------------  -----------  ----------  ------------
<S>                      <C>           <C>           <C>          <C>         <C>
Cash flows from
  operating activities:
    Net income             $    --       $    --       $    --      $    --      $    --
                           -------       -------       -------      -------      -------

Net cash provided
  by operating activities:      --            --            --           --           --
                           -------       -------       -------      -------      -------

Cash flows from
  investing activities:         --            --            --           --           --
                           -------       -------       -------      -------      -------

Cash flows from financing
 activities:
    Issuance of common
      stock                     --            --            --           --       12,029
                           -------       -------       -------      -------      -------

Net increase in cash            --            --            --           --       12,029

Cash, beginning of period   12,029        12,029        12,029       12,029           --
                           -------       -------       -------      -------      -------

Cash, end of period        $12,029       $12,029       $12,029      $12,029      $12,029
                           =======       =======       =======      =======      =======

Interest Paid              $    --       $    --       $    --      $    --      $    --
                           =======       =======       =======      =======      =======

Income taxes paid          $    --       $    --       $    --      $    --      $    --
                           =======       =======       =======      =======      =======



                     The accompanying notes are an integral
                        part of the financial statements.

                                       6

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<PAGE>



                                  YUMMIES, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                             March 31, 2001 and 2000

1. Summary of Business and Significant Accounting Policies
   -------------------------------------------------------

         a.       Summary of Business
                  -------------------

                  The  Company was  incorporated  under the laws of the State of
                  Nevada on June 10, 1998.  The Company  intends to commence the
                  business  of renting a water ski boat to  recreational  users.
                  The  Company has not  commenced  principal  operations  and is
                  considered  a  "Development  Stage  Company" as defined by the
                  Financial Accounting Standards Board Statement No. 7.

         b.       Cash Flows
                  ----------

                  For  purposes  of the  statement  of cash  flows,  the Company
                  considers  all  highly  liquid  investments  purchased  with a
                  maturity  of  three   months  or  less  to  be  cash  or  cash
                  equivalents.

         c.       Net Income Per Share
                  --------------------

                  The net income per share  calculation is based on the weighted
                  average number of shares outstanding during the period.

         d.       Use of Estimates
                  ----------------

                  The  preparation  of financial  statements in conformity  with
                  generally accepted  accounting  principles requires management
                  to make estimates and assumptions that affect certain reported
                  amounts and  disclosures.  Accordingly,  actual  results could
                  differ from those estimates.

2.       Issuance of Common Stock
         ------------------------

         On August 13, 1998,  the Company issued  1,000,000  shares of its $.001
         par value common stock for an aggregate price of $1,000.

         In  February  1999,  pursuant  to  Rule  504  of  Regulation  D of  the
         Securities and Exchange  Commission,  the Company sold 17,500 shares of
         its  common  stock at a price  of  $1.00  per  share.  Costs of  $6,471
         associated directly with the offering were offset against the proceeds.

         On  December  15,  2000,  an officer  and  stockholder  of the  Company
         returned  600,000  shares of common  stock to  authorized  but unissued
         shares.

         On February 5, 2001,  the Company  authorized a 6 for 1 forward  split.
         The  stock  split  has  been   accounted  for   retroactively   in  the
         accompanying financial statements.

3.       Warrants and Options
         --------------------

         No options or warrants are outstanding to acquire the Company's  common
         stock.

4.       Income Taxes
         ------------

         The Company has had no taxable income under Federal or State tax laws.






                                       7
<PAGE>



--------------------------------------------------------------------------------

                           ITEM 2. PLAN OF OPERATIONS

--------------------------------------------------------------------------------


The Company's  management is seeking and intends to acquire interests in various
business  opportunities  which,  in the opinion of  management,  will  provide a
profit to the Company but it does not have the working  capital to be successful
in this effort.

Continuation  of the Company as a going concern is dependent  upon obtaining the
working  capital  necessary  for its planned  activity.  The  management  of the
Company  has  developed  a  strategy,  which they  believe can obtain the needed
working capital through  additional equity funding and long term debt which will
enable the Company to continue operations for the coming year.

Liquidity and Capital Resources
-------------------------------

The  Company  will need  additional  working  capital  to  finance  its  planned
activity.

Results of Operations
---------------------

The Company has had no operations during this reporting period.


                               PART 2 - SIGNATURES



--------------------------------------------------------------------------------

                                   SIGNATURES

--------------------------------------------------------------------------------


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


                                                       YUMMIES, Inc.
                                                      [Registrant]



                                                       /s/ David Colette
                                                       -------------------------
                                                       David Colette- President


                                                       /s/ Stefani Shaner
                                                       -------------------------
                                                       Stefani Shaner, Treasurer
May 8, 2001




                                       8