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 Act of 1934

For the quarterly period ended September 30, 2001 or

/ / Transition report pursuant to Section 13 or 15(d) of the
Securities Act of 1934

For the transition period from               to

Commission file number 0-25105

                         LITE KING CORP.
    ------------------------------------------------------
    (Exact Name of Registrant as Specified in its Charter)


            New York                           11-2996988
-------------------------------      -----------------------------
(State or other jurisdiction of      (I.R.S. Employer Incorporation
Identification Number)               or Organization)


   175 Courtland Avenue, Morton Illinois           61550
   ---------------------------------------------------------
   (Address of Principal Executive Office)       (Zip Code)


                        (309) 266-5771
    ----------------------------------------------------
    (Registrant's Telephone Number, Including Area Code)


        P.O. Box 940007, Belle Harbor, New York 11694
        ---------------------------------------------
                (Registrant's Former Address)


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 and Exchange Act of 1934 during the preceding
Twelve months or for such shorter period that the Registrant was
required to file such reports, and (2) has been subject to
such filing requirements for the past ninety days.
Yes / X /  No /  /

  APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
              DURING THE PRECEDING FIVE YEARS

Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Section 12, 13
or 15(d) of the Securities Exchange Act of 1934 subsequent to
the distribution of securities under a plan confirmed by a court.
Yes /  /   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 latest practicable
date.  7,633,675 shares.

Transitional Small Business Disclosure Format.
Yes /  /  No / X /


PART 1 - FINANCIAL INFORMATION



Item 1. Financial Statements.

  This report on Form 10-QSB includes certain statements that
may be deemed to be "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of
1934, as amended.  These statements are based on our
expectations and involve risks and uncertainties that could
cause our actual results to differ materially from those set forth in
the statements. Such risks and uncertainties include, but are
not limited to, the inherent uncertainties related to
estimating future results, fluctuations in operating results
because of downturns in levels of infrastructure projects,
incorrect estimates used in entering into fixed price
contracts, difficulty in managing the operation and growth of
existing and newly acquired businesses and the high
level of competition.





















                             LITE KING CORPORATION

                              FINANCIAL STATEMENT

                               SEPTEMBER 30, 2001





























                                I N D E X







                                                        Page


CONSOLIDATED BALANCE SHEET                              1-2


CONSOLIDATED STATEMENTS OF OPERATIONS                    3


CONSOLIDATED STATEMENTS OF CASH FLOWS                   4-5


SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES              6-9


NOTES TO THE CONSOLIDATED FINANCIAL STATEMENT          10-14



                     LITE KING CORPORATION
                  CONSOLIDATED BALANCE SHEET
                          (UNAUDITED)


                          A S S E T S

                                                September 30,
                                                     2001


CURRENT ASSETS
  Cash and cash equivalents                      $   32,613
  Trade accounts receivable, less
   allowance for doubtful accounts
   of $12,973                                       377,009
  Inventories                                       187,113
                                                 ----------
    Total Current Assets                            596,735
                                                 ----------
PROPERTY AND EQUIPMENT
  Leasehold improvements                             25,152
  Office furniture and fixtures                      30,870
  Vehicles                                          257,446
  Warehouse equipment                                 2,893
  Computers                                         202,817
  Equipment under capital lease                      82,237
                                                  ---------
    Total, at cost                                  601,415

    Less accumulated depreciation                  (365,586)
                                                  ---------
    Net property and equipment                      235,829
                                                  ---------
OTHER ASSETS
  Deposit                                               681
                                                  ---------
    Total Other Assets                                  681
                                                  ---------

TOTAL ASSETS                                       $833,245
                                                  =========














See accompanying summary of accounting policies and notes to
financial statements.

                                             Page 1 of 14



                      LITE KING CORPORATION
                    CONSOLIDATED BALANCE SHEET
                             (UNAUDITED)

L I A B I L I T I E S  A N D  S T O C K H O L D E R S ' D E F I C I T

                                                  September 30,
                                                      2001


CURRENT LIABILITIES
  Accounts payable                                   $ 493,979
  Secured Borrowing                                    133,218
  Notes payable to bank                                149,844
  Current maturities of long-term debt                  56,130
  Current maturities of obligations under
   capital lease                                        34,086
  Sales tax payable                                      6,641
  Accrued payroll                                       21,537
  Payroll tax payable                                  116,276
  Accrued vacation                                      24,215
                                                    ----------
    Total current liabilities                        1,035,926
                                                    ----------
LONG TERM LIABILITIES
  Long-term debt, less current maturities                3,721
  Obligations under capital lease, less
   current maturities                                    8,840
  Convertible debentures                               400,000
                                                    ----------
    Total long-term liabilities                        412,561
                                                    ----------
    Total liabilities                                1,448,487
                                                    ----------
STOCKHOLDERS' DEFICIT

  Common stock, $.001 par value;
   50,000,000 shares authorized;
   7,633,675 issued and outstanding                      7,634
  Capital returned                                     (48,950)
  Additional paid in capital                         1,073,639
  Accumulated (deficit)                             (1,647,565)
                                                    ----------
    Total stockholders' deficit                       (615,242)
                                                    ----------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT         $  833,245
                                                    ==========








See accompanying summary of accounting policies and notes to
financial statements.

                                           Page 2 of 14



                       LITE KING CORPORATION
              CONSOLIDATED STATEMENTS OF OPERATIONS
                           (UNAUDITED)

                                     For the Three Months Ended
                                           September 30,
                                         2001             2000

NET SALES                             $  549,306      $1,096,905

COST OF SALES                            497,036         781,812
                                      ----------      ----------
    Gross profit                          52,270         315,093
                                      ----------      ----------
SELLING, GENERAL AND ADMINISTRATIVE
  Advertising                             13,824             -0-
  Administrative salaries                107,825         148,946
  Meals and entertainment                  8,950           3,961
  Office rent expenses                    15,980          15,804
  Professional fees                       63,925           1,786
  Group insurance                          7,450          11,465
  Utilities and telephone                 36,418          31,476
  Auto and truck expense                   6,991          12,790
  Depreciation expense                     7,126          11,803
  Miscellaneous                           29,820           6,084
  Equipment rental                           413           4,269
  Office supplies                         21,624          26,005
  Interest expense                        41,851          18,268
                                      ----------      ----------
    Total                                362,197         292,657
                                      ----------      ----------
    Income (Loss) before income tax     (309,927)         22,436

INCOME TAX EXPENSE                           -0-             -0-
                                      ----------      ----------
NET INCOME (LOSS)                     $ (309,927)     $   22,436
                                      ==========      ==========
  Basic and diluted earnings (loss)
   per share                          $     (.04)     $      .01
                                      ==========      ==========
  Weighted average number of common
   shares outstanding - basic          7,633,675       4,300,000
                                      ==========      ==========
  Weighted average number of common
   shares outstanding - diluted        7,683,675       4,300,000
                                      ==========      ==========












See accompanying summary of accounting policies and notes to
financial statements.

                                          Page 3 of 14



                       LITE KING CORPORATION
               CONSOLIDATED STATEMENTS OF CASH FLOWS
                           (UNAUDITED)


                                        For the Three Months Ended
                                              September 30,
                                            2001          2000


CASH FLOWS FROM OPERATING ACTIVITIES
 Net income (loss)                      $(309,927)      $  22,436
 Adjustments to reconcile net income
  (Loss) to net cash provided by
  operating activities:
   Depreciation                            17,440          39,721
   Gain on sale of equipment                 (700)            -0-
Effects of changes in operating
  assets and liabilities:
   Restricted Cash                         10,000             -0-
   Deposits                                   -0-             499
   Trade accounts receivable             (157,289)        184,542
   Accounts receivable from employees          59           3,892
   Inventories                             42,211          18,049
   Accounts payable                       155,078        (208,811)
   Secured Borrowing                      133,218             -0-
   Accrued sales tax                      (29,374)         (3,268)
   Accrued payroll                         (5,251)        (12,979)
   Payroll tax payable                     12,328             -0-
   Accrued vacation                          (120)            -0-
   Other accrued liabilities              (20,790)            -0-
                                        ---------       ---------
     Net cash provided by (used in)
      operating activities               (153,117)         44,081
                                        ---------       ---------
CASH FLOWS FROM INVESTING ACTIVITIES
   Proceeds from sale of equipment            700             -0-
   Purchase of property and equipment         -0-          (9,411)
                                        ---------       ---------
     Net cash provided by (used in)
      investing activities                    700          (9,411)
                                        ---------       ---------













See accompanying summary of accounting policies and notes to
financial statements.

                                             Page 4 of 14


                         LITE KING CORPORATION
                  CONSOLIDATED STATEMENTS OF CASH FLOWS
                              (CONTINUED)
                              (UNAUDITED)



                                       For the Three Months Ended
                                               September 30,
                                            2001           2000

CASH FLOWS FROM FINANCING ACTIVITIES
 Net borrowings (payments) under
  line-of Credit                       $    (156)      $  (13,365)
 Payments on obligations under capital
  lease                                   (3,825)          (3,508)
 Payments on long-term debt              (14,374)             -0-
 Proceeds from (payments on)
  notes payable to stockholders              -0-          (48,273)
 Proceeds from (payments on)
  Convertible Debentures                  50,000              -0-
                                        --------        ---------
  Net cash provided by (used in)
   financing activities                   31,645          (65,146)
                                        --------        ---------
NET INCREASE (DECREASE)IN CASH AND CASH
 EQUIVALENTS                            (120,772)         (30,476)


CASH AND CASH EQUIVALENTS, BEGINNING
 OF PERIOD                               153,385           44,078
                                       ---------        ---------
CASH AND CASH EQUIVALENTS,
  END OF PERIOD                        $  32,613       $   13,602
                                       =========       ==========






















See accompanying summary of accounting policies and notes to
financial statements.

                                             Page 5 of 14


                        LITE KING CORPORATION
           SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
      FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                             (UNAUDITED)

Lite King Corporation (LK) was incorporated in New York on January
4, 1990 and was formerly engaged in the manufacture and assembly of
wiring devices. During 2000, LK discontinued its manufacturing and
assembly business and sold off its business assets to position
itself as a merger candidate. (See Reverse Acquisition). LK
currently functions as the parent company for National Cabling
Services, Inc.

National Cabling Services, Inc. (NCSI) was incorporated on June 21,
1995 in the state of Illinois. The Company's principal business
activity is the design and installation of cabling for computer
networks. On June 30, 2001, the Company elected to change its
fiscal year from December 31 to June 30. Significant accounting
policies followed by the Company are presented below.

USE OF ESTIMATES IN PREPARING FINANCIAL STATEMENTS

The preparation of financial statements in conformity with
generally accepted accounting principles requires management to
make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the
reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates.

CASH EQUIVALENTS

The Company considers all liquid investments with a maturity of
three months or less when purchased to be cash equivalents.

CONSOLIDATION

During the period from January 1, 2000 through March 16, 2001 the
financial statements include only the accounts of NCSI. After March
16, 2001 the Company's accounts also include those of Lite King
Corp. (See Reverse Acquisition). All significant intercompany
transactions have been eliminated in consolidation.

RECLASSIFICATIONS

Certain items from prior periods within the financial statements
have been reclassified to conform to current period
classifications.












                                                 Page 6 of 14


                      LITE KING CORPORATION
           SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
     FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                           (UNAUDITED)
                           (CONTINUED)



INVENTORIES

Inventories are stated at the lower of cost or market with cost
determined on a first-in, first-out (FIFO) basis.  Inventories
consist principally of raw materials.

LEASEHOLD IMPROVEMENTS AND EQUIPMENT

Leasehold improvements are depreciated on the straight-line or
accelerated methods over their estimated useful lives, which range
from five to thirty-nine years.

Equipment consists of various warehouse equipment, vehicles,
computer equipment, and office furniture and equipment. These
assets are depreciated on the straight-line or accelerated methods
over their estimated useful lives, which range from three to seven
years.


ADVERTISING

The Company expenses advertising costs as incurred.


INCOME TAXES

The Company accounts for income taxes in accordance with Statement
of Financial Accounting Standards ('SFAS') No. 109, 'Accounting for
Income Taxes.' SFAS 109 has as its basic objective the recognition
of current and deferred income tax assets and liabilities based
upon all events that have been recognized in the financial
statements as measured by the provisions of the enacted tax laws.

Valuation allowances are established when necessary to reduce
deferred tax assets to the estimated amount to be realized. Income
tax expense represents the tax payable for the current period and
the change during the period in the deferred tax assets and
liabilities.














                                               Page 7 of 14


                    LITE KING CORPORATION
          SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
    FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                        (UNAUDITED)
                        (CONTINUED)


RECOGNITION OF REVENUES AND COST

The Company maintains its accounting records on the accrual basis
of accounting. Revenues from fixed-price installation contracts are
recognized on the percentage-of-completion method, measured by the
percentage of actual cost incurred to date to estimated total cost
for each contract (cost-to-cost method). This method is used
because management considers actual expended cost to be the best
available measure of progress on these contracts. Revenues from
cost-plus-fee contracts are recognized on the basis of costs
incurred during the period plus the fee earned, measured by the
cost-to-cost method.

Contract costs include all direct material and labor costs and
those indirect costs related to contract performance, such as
indirect labor, payroll taxes, union fringes, and insurance costs.
Selling, general, and administrative costs are charged to expense
as incurred. Provisions for estimated losses on uncompleted
contracts are made in the period in which such losses are
determined. Changes in job performance, job conditions, and
estimated profitability, including those arising from contract
penalty provisions, and final contract settlements may result in
revisions to costs and income and are recognized in the period in
which the revisions are determined.

The current asset, 'Costs and estimated earnings in excess of
billings on uncompleted contracts,' represents revenues recognized
in excess of amounts billed. The current liability, 'Billings in
excess of costs and estimated earnings on uncompleted contracts,'
represents billings in excess of revenues recognized.  As of
September 30, 2001, there were no costs and estimated earnings in
excess of billing on uncompleted contracts, nor billings in excess
of costs and estimated earnings on uncompleted contracts.

Contracts less than $10,000 are included in material inventory due
to size and short duration.


EARNINGS PER SHARE

The Financial Accounting Standards Board issued Statement of
Financial Accounting Standards No. 128, 'Earnings per Share.' SFAS
128 replaced the previously reported primary and fully diluted
earnings per share with basic and diluted earnings per share.
Unlike primary earnings per share, basic earnings per share
excludes any dilutive effects of options, warrants, and convertible
securities. The diluted earnings per share calculation is very
similar to the previous fully diluted earnings per share
calculation method. SFAS 128 became effective December 31, 1997.
The Company follows SFAS 128.




                                                    Page 8 of 14



                       LITE KING CORPORATION
          SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
    FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                          (UNAUDITED)
                          (CONTINUED)




REVERSE ACQUISITION

On March 16, 2001 Lite King Corp. (LKC) merged with NCSI in a
reverse acquisition. In consideration of receiving all of the
issued and outstanding shares of NCSI, LKC issued 5,149,029
restricted shares of common stock to the shareholders of NCSI. LKC
had 2,484,646 shares issued and outstanding prior to the merger.

The merger was accounted for as a reverse acquisition since NCSI is
the continuing accounting entity under GAAP, as a result of the
recapitalization. Accordingly, a recapitalization occurred and no
goodwill was recorded and the operating results of LKC have been
included in the financial statements from the date of consummation
of the merger. On this basis, the historical financial statements
prior to March 16, 2001 represent the financial statements of NCSI.
The historical shareholders' equity accounts of NCSI as of December
31, 2000 have been retroactively restated for all periods presented
to reflect the recapitalization.






























                                                Page 9 of 14


                       LITE KING CORPORATION
            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
    FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                          (UNAUDITED)
                          (CONTINUED)


NOTE 1 - DEBT

Note Payable to Bank

On July 25, 2001, the Company obtained a $150,000 short-term note
payable.  As of September 30, 2001, the note balance was $149,844.
The note is payable on January 23, 2002 and bears interest at the
local prime lending rate plus 1.0 percent (7.00 percent at
September 30, 2001).  The note is collateralized by substantially
all of the Company's assets and personally guaranteed by two
shareholders.

Long-term Debt

Long-term debt consists of the following:

                                               September 30, 2001

Commercial note payable to Marquette Bank,
requiring monthly installments of $1,111
including interest at 8.75 percent per
year, with final payment due in June 2002,
secured by substantially all of the
Company's assets                                        $ 9,654

Commercial note payable to Marquette Bank,
requiring monthly installments of $4,055
including interest at 8.75 percent per
year, with final payment due in October
2002 secured by various vehicles.                        50,197
                                                        -------
Total                                                    59,851

Less current portion                                     56,130
                                                        -------
Long-term portion                                       $ 3,721
                                                        =======
Future maturities of long-term debt are as follows:

  2002                                                  $56,130
  2003                                                    3,721
                                                        -------
  TOTAL                                                 $59,851
                                                        =======







                                               Page 10 of 14


                  LITE KING CORPORATION
       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
   FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                      (UNAUDITED)
                      (CONTINUED)

Note 2 - CONVERTIBLE DEBENTURES

During June and July 2001, the company issued Convertible
Debentures in the amount of $400,000.  The debentures mature in two
years and bear interest at twelve percent annually, payable
annually.  The holder of a Debenture will have the right at any
time after thirty days from the issuance until maturity to
voluntarily convert to common shares of the issuer.  The Debenture
holder will be forced to convert to common stock if the common
stock is trading in an over-the-counter market or on a listed
exchange and the average bid price of the common stock on the
issuer has maintained a price of two dollars per share or higher
for five consecutive trading days.

NOTE 3 - OBLIGATIONS UNDER CAPITAL LEASE

The Company is leasing equipment under capitalized leases which
expire at various dates through March 2003.  Accumulated
depreciation on the equipment as of September 30, 2001 is $31,250.

Future minimum lease payments under these leases are as follows:

    2002                                    $30,671
    2003                                     15,722
                                            -------
    Total minimum lease payments             46,393

    Less amounts representing interest        3,467
                                            -------
Present value of minimum lease payments     $42,926
                                            =======
NOTE 4 - CASH FLOW DISCLOSURES

Cash paid for interest and income taxes was as follows:

                            September 30          September 30
                                2001                  2000
Interest                     $   -0-                $ 3,035
Income taxes                     -0-                    -0-

NOTE 5 - COMMITMENTS AND CONTINGENCIES

During three months ended September 30, 2001 the Company entered in
a 'Sale and Purchase Agreement' with a lender for the sale of
certain trade receivables to the lender.  The Company is obligated
under the agreement to repurchase any receivables sold that remains
unpaid for 90 days following its original invoice date.  Therefore,
the Company adopted Financial Accounting Standard (FAS) 125,
'Accounting for Transfers and Servicing of Financial Assets and
Extinguishments of Liabilities' and has classified these
transactions as secured borrowings.  The agreement allows the
Company to borrow up to 80% of receivables sold or Maximum Credit
($400,000), whichever is less.  A factoring fee of 1% each 30 days
is charged on face value of each financed invoice.  Additional fee



                                                Page 11 of 14


                    LITE KING CORPORATION
         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
     FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                          (UNAUDITED)
                          (CONTINUED)


includes finance fee of Prime plus 5% on the average daily financed
balance payable monthly in arrears.  Application of receipts for
interest calculation will occur after four business days.  The term
is based on six months with six month renewals (30 day advance
written notice for rate negotiation or termination).

The Company's wholly owned subsidiary, NCSI, was a co-defendant in
a lawsuit filed by a group of former employees claiming they were
not paid prevailing wages on a 1996 project.  The parties to the
lawsuit have entered into an out-of-court settlement, the result of
which was the Company had to pay $45,000 to settle these claims.
This expense is included in the six months ended June 30, 2001.  As
a result of the settlement, the Company accrued payroll taxes
payable of $98,643 as of June 30, 2001.  No payroll tax payment was
made for the three months ended September 30, 2001.  An additional
$17,633 was accrued for interest and penalty to the Internal
Revenue Service.  As of September 30, 2001, the outstanding payroll
tax payable balance was $116,276.

The Company leases office and warehouse space under noncancellable
operating leases expiring in 2002. Future minimum lease payments
under these leases are as follows:

  2002                              $39,753
                                    -------
     TOTAL                          $39,753
                                    =======

Total rental expense for the three months ended September 30, 2001
and 2000 was $21,545 and $17,769, respectively.

NOTE 6 - SIGNIFICANT CONCENTRATIONS

Generally accepted accounting principles require disclosure of
information about certain significant estimates and current
vulnerabilities due to certain concentrations. These matters
include the following:

Approximately 24 and 71 Percent of the Company's net sales for the
three months ended September 30, 2001 and 2000, respectively, were
from one unrelated customer. The accounts receivable from this
customer at September 30, 2001 and 2000 were $30,996 and $13,335,
respectively.

NOTE 7 - COMMON STOCK

On January 16, 2001 the Company's wholly owned subsidiary, NCSI,
effected a ten thousand (10,000) for one (1) split of NCSI's Class
A common stock and increased the number of authorized shares from
430 to 10,000,000. Concurrently, NCSI authorized one million
(1,000,000) shares of no par preferred stock and also canceled all
of the 570 shares of Class B common stock authorized issued and
outstanding. None of the preferred stock has been issued.

All share and per share amounts are retroactively restated to give
effect for the split within these financial statements.

                                                Page 12 of 14


                     LITE KING CORPORATION
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
     FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                         (UNAUDITED)
                         (CONTINUED)


NOTE 8 - POSTRETIREMENT EMPLOYEE BENEFITS

The Company does not have a policy to cover employees for any
health care or other welfare benefits that are incurred after
employment (postretirement). Therefore, no provision is required
under SFAS's 106 or 112.

NOTE 9 - INCOME TAXES

Income taxes are accrued at the statutory U.S. and state income tax
rates.

Income tax expenses are as follows:
                                                   September 30,
                                                        2001
Current tax expense benefit:
Income tax at statutory rates                       $     -0-

Deferred tax expense (benefit):
Operating Loss Carryforward                          (397,235)
                                                    ---------
Total                                                (397,235)

Valuation allowance                                   397,235
                                                    ---------
Total Tax Expense (Benefit)                         $     -0-
                                                    =========
The tax effect of significant temporary differences, which comprise
the deferred tax assets are as follows:

                                                  September 30,
                                                       2001

Deferred tax assets:
Operating loss carryforwards                        $ 397,235
                                                    ---------
Gross deferred tax assets                             397,235
Valuation allowance                                  (397,235)
                                                    ---------
Net deferred tax assets                             $     -0-
                                                    =========

On October 1, 2000, the Company terminated the election to be taxed
as subchapter S corporation under IRC Section 1361.  Currently, the
Company is taxed as a 'C' corporation.  Prior to October 1, 2000,
the Company was taxed as a subchapter S corporation.  All income
and deductions pass through to the shareholders individually.
Therefore, no federal and state income taxes have been reflected in
the financial statements prior to October 1, 2000.





                                                  Page 13 of 14



                      LITE KING CORPORATION
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
     FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 and 2000
                            (UNAUDITED)
                            (CONTINUED)


The Company has net operating loss (NOL) carryforwards for income
tax purposes of approximately $1,110,000. This loss is allowed to
be offset against future income until the year 2021 when the NOL's
will expire.

The tax benefits relating to all timing differences have been fully
reserved for in the valuation allowance account due to substantial
losses.

NOTE 10 - OPERATIONS AND LIQUIDITY

The Company has incurred losses for the twelve months ended
December 31, 2000, for the six months ended June 30, 2001 and for
the three months ended September 30, 2001.  Until the Company's
sales are sufficient to cover operating costs, the Company will
need to fulfill working capital requirements through the sale of
stock and the issuance of debt.

The ability of the Company to continue its operation is dependent
on its having sufficient financial resources to bring its products
and services to market.  As a result of its recent losses, negative
cash flows from operations, and accumulated deficits at September
30, 2001, there is doubt about the Company's ability to continue as
a going concern, unless additional equity or debt financing is
obtained.

Management believes that its current working capital, anticipated
revenues and subsequent sales of stock and placement of debt
instruments will be sufficient to meet its projected expenditures
for a period of at least twelve months from September 30, 2001.
However, any projections of future cash requirements and cash flows
are subject to substantial uncertainty.  There can be no assurance
that sufficient financing will be available in amounts or on terms
acceptable to the Company.

NOTE 11 - STOCK OPTIONS AND WARRANTS

On April 7, 2001, the Company granted an option to purchase 50,000
shares of common stock for $1,000 on or after July 1, 2001, for
financial consulting services.  Since there is nothing in the
agreement indicating the fair value of the services provided for
this option, the fair value of the equity instrument issued (FAS
123, Paragraph 8) was used.  As the result of granting this option,
$13,087 was recorded as stock based financial consulting fee
expense for the six months ended June 30, 2001.  This option was
outstanding at September 30, 2001 and is included in the diluted
weighted average number of common shares outstanding calculation.

NOTE 12 - INTERIM FINANCIAL REPORTING

The unaudited financial statements of the Company for the period
July 1, 2001 through September 30, 2001 have been prepared by
management from the books and records of the Company, and reflect,
in the opinion of management, all adjustments necessary for a fair
presentation of the financial position and operations of the
Company as of the period indicated herein, and are of a normal
recurring nature.

                                                Page 14 of 14









Item 2. Management's Discussion and Analysis or Plan of
Operation.

     The discussion and analysis presented below should
be read in conjunction with the consolidated financial
statements and related notes appearing elsewhere in the
Form 10-QSB.  See "Information Regarding Forward-Looking
Statements".

     On March 9, 2001, the Registrant entered into a
written merger agreement subject to due diligence, to
acquire all of the common stock of National Cabling
Services, Inc., an Illinois corporation ("National
Cabling") who provides professional design and
installation of structured cable systems and electronics
in support of high speed telecommunication services such
as LAN/WAN, VoIP, PBX systems and outside plant systems.
The share exchange and business reorganization pursuant
to Section 368 of the Internal Revenue Code of 1986, as
amended, was completed on March 16, 2001.  The written
Agreement and Plan of Merger ("Agreement") called for the
merger of National Cabling with a wholly owned subsidiary
of the Registrant, King Cabling Corp; the exchange of all
outstanding common shares of National Cabling for common
shares of the Registrant; and the resignation of the
existing Board of Directors and Officers of the
Registrant and the appointment of three members on
National Cabling's Board of directors and Officers to
fill their un-expired terms.

     Lite King Corp functions as the parent company for
its wholly owned subsidiary, National Cabling Services,
Inc. The Registrant filed an 8-K on July 24, 2001
reporting that on July 15, 2001, National Cabling amended
its by-laws and changed its fiscal year from a calendar
year to July 1st through June 30th, in order to have the
same fiscal year as the Registrant.

     The Registrant's wholly owned subsidiary, National
Cabling Services, Inc. services and business activities
include providing consulting services for integrating
disparate systems, evaluating current systems and
developing solutions for evolving technologies.  The
Company provides design and engineering services for a
wide variety of telecommunications infrastructure
systems, including inside plant, outside plant, campus
environments, wireless RF systems, microwave PP, video
distribution, VoIP and PBX systems, fiber optics and
aerial cable installations.  The Company performs
installation services in a wide variety of environments
including warehouses, manufacturing plants, campuses,
office buildings and multi-site rollouts.  Project
management is another service provided by the Company.

     These services are offered to a variety of clients,
from value added resellers to individual customers.
Clients range in size from Fortune 500 companies to small
privately held enterprises and include schools,
universities and various federal and state government
agencies.  The largest customer accounted for
approximately 71% of revenue for the three months ended
September 30, 2000 as compared to 24% for the three
months ended September 30, 2001.  The loss of the
business of its largest customer could have a material
adverse effect on the financial condition of the
Registrant.

     The Company is broadening its marketing effort to
reach out to new potential customers and is actively
seeking strategic acquisition candidates to continue the
growth of the enterprise.  The markets the Registrant
plans to expand into are: Missouri, Arkansas, Texas,
Colorado and Arizona.

     The Company is planning to aggressively acquire
existing local fiber-optic cable plant installation and
maintenance companies in those markets or open new branch
offices in those locations.  The acquisitions will be
accomplished through asset-purchases using the common
stock and hiring the acquisition candidate's employees.

     In those markets where acquisitions could not be
achieved, the Company will open new branch offices and
hire local technicians to service its customers.

     During the three months ended September 30, 2001,
the Registrant generated revenues of $549,306.  During
the three months ended September 30, 2000 the Registrant
generated revenues of $1,096,905.  During the three
months ended September 30, 2001, the Registrant had a net
loss of $309,927 as compared with net income of $22,436
for the three months ended September 30, 2000.

     Results may be materially affected by the timing of new
customer projects.  National Cabling was fully engaged in
a national infrastructure rollout project for a Fortune
500 company during the three months ended September 30,
2000.  This accounted for the higher revenue when
comparing the three months ended September 30, 2000 to
the revenue for the three months ending September 30,
2001.  National Cabling is currently providing
maintenance services for this customer.  The volume of
business has been adversely affected by declines in
infrastructure projects resulting from adverse regional
or national economic conditions.  Operating results for
any fiscal period are not necessarily indicative of
results that may be achieved for any subsequent period.

     Gross margin for the three months ended September 30,
2001 decreased by $262,823 when compared to the three
months ended September 30, 2000.  This decrease is the
direct result of the decrease in sales that prevented the
full absorption of fixed indirect job costs.  Management
is attempting to expand its markets, increase sales and
reduce fixed indirect job costs to improve gross margin.

     Selling, general and administrative expenses
increased by $69,540 or approximately 24% when comparing
expenses for the three months ended September 30, 2001
and the three months ended September 30, 2000.  The
increase in selling, general and administrative expenses
is primarily attributable to the increase in professional
fees of $62,139 attributable to the merger of the
Registrant and National Cabling Services, Inc.; interest
expense of $23,583 attributable to interest on the
Convertible Debentures and vendor finance charges; and
advertising expense of $13,824 attributable to the
Registrant's efforts to expand its markets.  These
increases were partially offset by a reduction in
administrative salaries of $41,121 as a result of
employee attrition.

     On April 7, 2001, the Registrant granted
an option to purchase 50,000 shares of common
stock for $1,000 on or after July 1, 2001 for
financial consulting service.  As of September
30, 2001 this option had not been exercised.

     During the three months ended September
30, 2001, the Registrant issued Convertible
Debentures in the amount of $50,000 bringing
the total amount of Convertible Debentures
issued and outstanding as of September 30,
2001 to $400,000.  The debentures bear
interest at twelve percent annually, maturing
two years from date of issuance and
convertible into shares of common stock of the
Registrant at $2.00 per share, including
registration rights.

     With the exception of medical insurance
premiums and gasoline prices, the Company does
not believe that the impact of inflation on
its activities is significant.

PART II- OTHER INFORMATION

Item 1. Legal Proceedings.

     The Registrant's wholly owned subsidiary, National
Cabling Services Inc. was a co-defendant in a lawsuit
filed by a group of former employees claiming they were
not paid prevailing wages on a 1996 project. The
Registrant acquired this liability in the merger. On
February 15, 2001 the Registrant agreed to a settlement
with plaintiffs by agreeing to pay the plaintiffs the
amount of $45,000.

Item 2. Changes in Securities and Use of Proceeds.

None.

Item 3, Defaults upon Senior Securities.

None.

Item 4. Submission of Matters to a Vote of Security
Holders.

None.

Item 5. Other Information.

None.

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

(a) Exhibits:

None.

(b) Reports on Form 8-K:

      Form 8-K/A filed June 11, 2001; 8-K filed July 25,
2001; Items 1 and 2.


                        SIGNATURES


In accordance with the requirements of the Exchange Act,
the Registrant caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.




                                     LITE KING CORP
                                     ------------------
                                     (Registrant)
Date: December 10, 2001
-----------------------
                                     /s/ Rob Personett
                                     ------------------
                                     Rob Personett,
                                     Secretary/Treasurer