SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

[X]     QUARTERLY  REPORT  UNDER  SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT  OF  1934

        For the Quarterly period ended February 28, 2002

[ ]     TRANSITION  REPORT  UNDER  SECTION 13 OR 15(d) OF THE EXCHANGE ACT

         For  the  transition  period  from  ___________  to  _____________

                         Commission  file  number  000-25335

                               ELGRANDE.COM, INC.
           (Exact  name  of  registrant  as  specified  in  its  charter)

              Nevada                                       88-0409024
(State  or  other  jurisdiction  of            (IRS Employer Identification No.)
incorporation  or  organization)

                Suite 302, 1132 Hamilton Street, Vancouver, B.C.
                                  V6B2S2 Canada
                    (Address of principal executive offices)

                                 (604) 689-0808
                           (Issuer's telephone number)


The  number  of  shares  outstanding  of  each of the issuer's classes of common
equity  as  of  the  latest  practicable  date:

           Class                    February  28,  2002
------------------------------      --------------------

Common stock, $0.001 par value           28,093,323






















<PAGE>
                               ELGRANDE.COM, INC.

                               TABLE OF CONTENTS


                                                                        Page
PART  I.  FINANCIAL  INFORMATION

ITEM  I - Unaudited  Consolidated  Financial Statements

          Consolidated Balance Sheets as of
          February 28, 2002 (Unaudited)  and  May  31,  2001              3

          Consolidated  Statements  of  Operations
          for  the  Three  Months  and  Nine  Months
          ended  February  28,  2002  and  2001  (Unaudited)              4

          Consolidated  Statements  of  Cash  Flows
          for  the  Three  Months  and  Nine  Months  ended
          February  28,  2002  and  2001(Unaudited)                       5

          Notes  to  Consolidated  Financial  Statements                  7

ITEM  2   Management's  Discussion  and  Analysis  of
          Financial  Condition  and  Results  of  Operations             10

PART II.  OTHER  INFORMATION                                             11

Signatures                                                               12

































<PAGE>  2
                               ELGRANDE.COM, INC.
                           CONSOLIDATED BALANCE SHEETS

                                                  FEBRUARY 28,     YEAR ENDED
                                                     2002            MAY 31,
                                                  (UNAUDITED)        2001
                                                 --------------  --------------
ASSETS
  CURRENT  ASSETS
    Cash                                         $      14,182   $      47,643
    Payroll tax refund receivable                          -             8,049
    GST tax refundable                                   5,906           1,762
    Prepaid  expenses                                      550           4,523
                                                 --------------  --------------
  TOTAL  CURRENT  ASSETS                                20,638          61,977
PROPERTY  AND  EQUIPMENT
    Computer  hardware                                  99,132          97,972
    Furniture  and  fixtures                            63,227          62,591
    Database  and  software                            546,171         545,645
    Less accumulated depreciation
      and  amortization                               (391,328)       (333,912)
                                                 --------------  --------------
  TOTAL PROPERTY AND EQUIPMENT                         317,201         372,296
                                                 --------------  --------------
OTHER  ASSETS
    Employee  expense  advances                            -            46,093
    Employee receivable, net of
    Allowance                                           57,986          40,720
    Deposits                                            16,345          18,164
                                                 --------------  --------------
TOTAL  OTHER  ASSETS                                    74,331         104,977
                                                 --------------  --------------
TOTAL  ASSETS                                    $     412,170   $     539,250
                                                 ==============  ==============
LIABILITIES & STOCKHOLDERS' EQUITY
  CURRENT  LIABILITIES
    Accounts  payable                            $     439,439   $     598,716
    Accrued  liabilities                                23,951          53,684
    Accrued  interest                                    4,164           3,745
    Debentures  payable                                203,847             -
    Current portion of capital lease                       -             9,852
    Loans payable, related party                        78,147         177,575
                                                 --------------  --------------
TOTAL  CURRENT  LIABILITIES                            749,549         843,572
                                                 --------------  --------------
TOTAL  LIABILITIES                                     749,549         843,572
                                                 --------------  --------------
COMMITMENTS  AND CONTINGENCIES                         165,877             -
STOCKHOLDERS'  EQUITY
    Common stock, 200,000,000 shares authorized,
      $.001 par value; 28,093,323 and 15,927,148
      shares outstanding,  respectively                 28,094          15,927
    Stock  Options  and  warrants                      853,061         781,944
    Additional  paid-in  capital                     5,505,077       4,990,412
    Deficit accumulated during development stage    (6,885,566)     (6,083,874)
    Accumulated other comprehensive income              (3,922)         (8,731)
                                                 --------------  --------------
TOTAL  STOCKHOLDERS'  EQUITY                          (503,256)       (304,322)
                                                 --------------  --------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $     412,170   $     539,250
                                                 ==============  ==============
See  Notes  to  Interim  Financial  Statements
<PAGE>  3
                               ELGRANDE.COM, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
      FOR THE THREE MONTHS AND NINE MONTHS ENDED FEBRUARY 28, 2002 AND 2001
                                   (UNAUDITED)
                     THREE MONTHS   THREE MONTHS    NINE MONTHS   NINE  MONTHS
                     ENDED          ENDED           ENDED         ENDED
                     FEBRUARY 28,   FEBRUARY  28,   FEBRUARY 28,  FEBRUARY  28,
                     2002           2001            2002          2001
                     -------------  -------------  -------------  -------------
REVENUES             $      2,090   $     28,266   $     23,846   $    107,016
COST OF REVENUES           (1,817)       (27,698)       (25,701)      (169,825)
                     -------------  -------------  -------------  -------------
GROSS PROFIT (LOSS)           273            568         (1,855)       (62,809)
                     -------------  -------------  -------------  -------------
EXPENSES
  Bad debt expense          3,893            -           36,271            -
  Consulting  fees        130,782            -          334,040        578,519
  Marketing and
   public relations         3,496          1,723         19,083          1,723
  Legal and
   professional fees          -              -           93,122        538,013
  Office and
    administration         64,237         74,124        181,598        218,621
  Software and
    internet services       3,313          1,315          9,959            -
  Depreciation and
    amortization           18,678         26,952         56,764         13,132
  Database construction
    and maintenance           -              -              -           91,981
                     -------------  -------------  -------------  -------------
TOTAL OPERATING
  EXPENSES                224,399        104,114        730,837      1,441,989
                     -------------  -------------  -------------  -------------
NET LOSS FROM
  OPERATIONS             (224,126)      (103,546)      (732,692)    (1,504,798)
OTHER INCOME AND
  (EXPENSES)
  Interest income              10             65             57            -
  Interest expense         (6,190)        (2,296)       (15,440)        (1,460)
  Financing  expense          -              -          (53,617)           -
                     -------------  -------------  -------------  -------------
TOTAL OTHER INCOME
  (EXPENSE)                (6,180)        (2,231)       (69,000)        (1,460)
NET LOSS BEFORE TAXES    (230,306)      (105,777)      (801,692)    (1,508,413)
  Income  Taxes               -              -              -              -
                     -------------  -------------  -------------  -------------
NET  LOSS                (230,306)      (105,777)      (801,692)    (1,508,413)
OTHER COMPREHENSIVE
  INCOME (LOSS)
  Foreign currency
  translation gain (loss)  (6,792)        (1,361)        4,815           3,840
                     -------------  -------------  -------------  -------------
COMPREHENSIVE LOSS   $   (237,098)  $   (107,138)  $   (796,877)  $ (1,504,573)
                     =============  =============  =============  =============
NET LOSS PER COMMON
  SHARE              $      (0.01)  $      (0.08)  $      (0.05)  $      (0.11)
                     =============  =============  =============  =============
WEIGHTED AVERAGE
 NUMBER OF COMMON STOCK
 SHARES OUTSTANDING    18,314,315      11,367,012     17,182,271     11,148,000
                     =============  =============  =============  =============
See  Notes  to  Interim  Financial  Statements
<PAGE>  4
                               ELGRANDE.COM, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
      FOR THE THREE MONTHS AND NINE MONTHS ENDED FEBRUARY 28, 2002 AND 2001
                                   (UNAUDITED)

                                                 NINE MONTHS     NINE MONTHS
                                                    ENDED           ENDED
                                                 FEBRUARY 28,    FEBRUARY 28,
                                                    2002            2001
                                                --------------  --------------
Cash flows from operating activities:
  Net  loss                                     $    (801,692)  $  (1,508,413)
  Adjustments to reconcile net loss to net
   cash used by operating activities:
     Bad debt expense                                  36,271             -
     Depreciation and amortization                     56,764          93,176
     Services paid by issuance of common stock        192,079         925,356
     Options issued for compensation                      -            33,860
     Options issued for professional services          17,500             -
     Warrants issued for finance expense               53,617             -
   Decrease (increase) in:
     Other  Receivables                                   -             3,844
     Employee  advances                                17,266          10,407
     Other  assets                                      9,697            (461)
   Increase (decrease) in:
     Accounts  payable                                  6,600          21,642
     Accrued  liabilities                             (29,733)          7,592
     Accrued  interest                                    419             -
                                                --------------  --------------
Net cash provided (used) in operating activities     (441,212)       (412,997)
                                                --------------  --------------
Cash  flows  from  investing  activities:
  Purchase  of  property  and  equipment               (1,601)           (590)
  Deposits  paid                                       (6,834)            -
                                                --------------  --------------
Net cash used in investing activities                  (8,435)           (590)
                                                --------------  --------------
Cash flows from financing activities:
  Proceeds from stock transactions                    220,552         277,797
  Payments on leased equipment                         (3,173)         (8,160)
  Proceeds  from  loans                               238,790         128,283
  Repayment  of  loans                                (41,218)            -
                                                --------------  --------------
                                                      414,951         397,920
                                                --------------  --------------
Net  increase  in cash                                (34,696)        (15,667)
Foreign  currency  translation  gain                    1,417             -
Cash,  beginning  of  period                           47,461          32,385
                                                --------------  --------------
Cash,  end  of period                           $      14,182   $      16,718
                                                ==============  ==============









See  Notes  to  Interim  Financial  Statements

<PAGE>  5
                               ELGRANDE.COM, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
      FOR THE THREE MONTHS AND NINE MONTHS ENDED FEBRUARY 28, 2002 AND 2001
                                   (UNAUDITED)

                                                 NINE MONTHS     NINE MONTHS
                                                    ENDED           ENDED
                                                 FEBRUARY 28,    FEBRUARY 28,
                                                    2002            2001
                                                --------------  --------------

SUPPLEMENTAL  DISCLOSURES:

  Cash paid for interest and income taxes:
    Interest                                    $         -     $         896
                                                ==============  ==============
    Income  taxes                               $         -     $         -
                                                ==============  ==============

NON-CASH INVESTING AND FINANCING ACTIVITIES

  Warrants  issued  for  financing  fees        $      53,617   $         -
  Stock issued for notes payable, related
    party                                       $     114,200   $      44,897
  Services paid by issuance of stock and
    Options                                     $     209,579   $     959,079
  Options  issued  for  compensation            $         -     $      33,860
  Debt  converted  to  stock                    $         -     $     161,965
  Lease satisfied by forfeiture of deposit       $       6,679   $         -































See  Notes  to  Interim  Financial  Statements

<PAGE>  6
                               ELGRANDE.COM, INC.
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                                FEBRUARY 28, 2002

The  reviewed  financial  statements  have  been  prepared  in  accordance  with
generally  accepted  accounting principles for the interim financial information
with  the  instructions  to  Form  10-Q  and  Rule  10-01  of   Regulation  S-X.
Accordingly,  they  do not include all of the information and footnotes required
by  generally  accepted accounting principles for complete financial statements.
In  the opinion of the Company's management, all adjustments (consisting of only
normal  accruals)  considered  necessary  for  a  fair  presentation  have  been
included.

For  further  information  refer  to  the financial statements and notes thereto
included  in  the  Company's Annual Report on Form 10-KSB for the year ended May
31,  2001.

The  accompanying  financial  statements  have  been prepared on a going concern
basis,  which  contemplates  the  realization  of  assets  and  satisfaction  of
liabilities in the normal course of business.  The Company has suffered material
recurring  losses  from  operations  since  inception.  At February 28, 2002 the
Company  has  a  working  capital deficit of $728,911, an accumulated deficit of
$6,889,488  and  negative  cash  flows  from  operations.  These  factors  raise
substantial doubt about the Company's ability to continue as a going concern.

Continuation  of  the  Company is dependent on achieving sufficiently profitable
operations and obtaining additional financing.  Management has and is continuing
to  raise  additional  capital  from  various  sources  and  has developed a new
business plan and website, shopengine.net.  Shopengine.net competes the arts and
handcrafts  sector.  There  can  be  no  assurances  that  the  Company  will be
successful  in  raising  additional  capital.  The  financial  statements do not
include  any  adjustment  relating  to  the recoverability and classification of
assets  and  liabilities that might be necessary should the Company be unable to
continue  as  a  going  concern.

Mariusz  Girt  resigned  as  Officer and Director effective February 5, 2002 and
Randal  Palach  resigned  as  Director  effective  February  8,  2002.

NOTE  1  -  COMMON  STOCK  AND  WARRANTS
----------------------------------------

During  the  nine  months  ended February 28, 2002, the Company issued 1,072,343
warrants  as  consideration for financing fees valued at $53,617, exercisable at
an  average  of  $0.78  per  common  share.

For  the nine months ended February 28, 2002 the Company issued 6,080,526 shares
of  common  stock  for  cash  of  $220,552,  debt  of  $114,200 was converted to
2,993,809  shares  of  common  stock  and  3,091,840 shares of common stock were
issued  for  services  valued  at  $192,079.













<PAGE>  7
                               ELGRANDE.COM, INC.
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                                FEBRUARY 28, 2002

NOTE  2  -  STOCK  OPTIONS
--------------------------

During the nine months ended February 28, 2002, the Company issued 350,000 stock
options  for  professional  services  with  a  fair  market  value  of  $17,500.

The  following  is  a  summary  of  stock  option  activity:

                               Number of Shares  Weighted Average Exercise Price
                               ----------------  -------------------------------
Outstanding at 5-31-00               1,935,000   $         0.82
     Granted                         2,582,556             0.45
     Exercised                        (777,000)            0.45
     Forfeited                        (465,556)            0.45
                               ----------------  -------------------------------
Outstanding at 5-31-01               3,275,000             0.63
     Granted                           350,000             0.10
                               ----------------  -------------------------------
Outstanding at 2-28-02               3,625,000   $         0.61
                               ================  ===============================
Options exercisable at 2-28-02       3,625,000   $        0.61
                               ================  ===============================
Weighted average fair value
  of options granted during 2002                    $     0.05
                                                 ===============

NOTE  3  -  COMMITMENTS  AND  CONTINGENCIES
-------------------------------------------

Lease  Commitments
------------------
The  Company  leases   office  space  in  Vancouver,  B.C.,  Canada   from  Make
Technologies  Inc.  for  base  rent of $1,550 per month.  The lease is effective
from  January  1,  2002  to  July 31, 2006.  The terms of the lease required the
Company  to  give  the  lessor  a  $6,834  refundable  security  deposit.

Future  minimum  rental  commitments under the operating lease are as follows at
February  28,  2002:

                                 Year  Ending:
                                 -------------
                                  May 31, 2002     $ 3,098
                                  May 31, 2003     $22,162
                                  May 31, 2004     $22,877
                                  May 31, 2005     $22,877
                                  May 31, 2006     $22,877

The  Company  is  in  negotiations  with Perich and Partners, a vendor for which
$165,877  is  currently booked in accounts payable, to settle the account.  This
amount has been reclassed to Commitments and Contingencies.  Negotiations expect
to  be  complete  in  the  last  quarter.







<PAGE>  8
                               ELGRANDE.COM, INC.
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                                FEBRUARY 28, 2002

NOTE  4  -  NOTES  AND  DEBENTURES  PAYABLE
--------------------------------------------

Short-term  Notes
-----------------
During  the  nine  months  ended  February  28, 2002, the CEO loaned the Company
$23,652  to  fund  continuing  operations.

Debentures
----------
During  the  nine  months  ended  February  28,  2002,  the  Company issued 12%,
subordinated  convertible  debentures  for  total  of  $203,847.  The debentures
mature  on  various dates beginning January 1, 2002 through February 1, 2003 and
pay  simple  interest  quarterly  beginning  April  1, 2001.  The debentures are
convertible  to  common stock at a conversion price equal to the average closing
bid  price  for  the five trading days immediately prior to the conversion date.

NOTE  5  -  SUBSEQUENT  EVENTS
-------------------------------

The  Company  has successfully negotiated with Perich and Partners to settle the
account  outstanding.  It has been agreed that the account will be settled for a
total  of  $40,000,  with  payment to be made in combination of cash and equity.



































<PAGE>  9
                               ELGRANDE.COM, INC.

Item  2. Management's Discussion and Analysis of Financial Condition and Results
of  Operation

Plan  of  Operation
-------------------

Quarter  ended  February  28,  2002  Compared to Quarter Ended February 28, 2001
--------------------------------------------------------------------------------

RESULTS  OF  OPERATIONS

As  a  result  of  the  major  review  undertaken  by us a new business plan was
developed.  The  plan  is being executed through our Shopengine.net web site. We
have  permanently  closed  the  Elgrande.com  web site since the loss of revenue
suffered  as  a result of the closure does not in any way affect us. The closure
in fact means a reduction in resources needed to fund operating overheads and it
means  that  no  further  losses  form  sales  will  occur.

The  decision  by new management to close the Elgrande.com web site was based on
management's  assessment  of  the  ongoing viability of the web site. Due to the
competitive  nature  and aggressive pricing strategies engaged to sell books and
music  on  the internet, virtually all items on the site were sold at a loss. As
we  had  already  determined  that  we  would  focus  our efforts on the art and
handcrafts  sector  and did not wish to compete in the books and music sector it
was  determined  that  we  could  reduce our losses by shutting our Elgrande.com
website  down.

There  are  revenues  of  $2,090  for  the  quarter  ended  February  28,  2002,
representing  sale  of merchandise through Shopengine.net, versus  $28,266 as at
February  28,  2001,  representing  sale  of  merchandise  through Elgrande.com.
However,  for  the  quarter  ended  February 28, 2002, our gross profit is $273,
versus  a  gross  loss  of  $1,855  for the same period ended February 28, 2001.

COMPARISON  OF  THE  QUARTER  ENDED  FEBRUARY  28,  2002  AND  2001

A  summary  of  expenses for the quarter ended February 28, 2002 compared to the
same  period  in  2001  is  as  follows:

                                             2002          2001
                                         ------------  ------------

     Consulting                             130,782           -
     Marketing  and  public  relations        3,496         1,723
     Software  and  internet  fees            3,313         1,315
     Administration,  legal  and other       68,130        74,124
     Depreciation and  amortization          18,678        26,952
                                         ------------  ------------
                                            224,399       104,114
                                         ============  ============

Software  costs  include  database  development  costs incurred of $3,313 in the
quarter  ended February 28, 2002.  Administration costs include payroll costs of
$31,296  and  office  expenses, including professional fees, of  $36,834 for the
quarter  ended  February  28, 2002, compared to $32,369 and $41,755 respectively
for  the  same  period  ended  February  28,  2001.

The  Company  budgeted  its  cash requirements in order to develop the web based
contact  management system, and the central database that holds product data. To
date, costs have been within the established budget. The Shopengine.net site was
activated  in  December,  2001.
<PAGE>
                               ELGRANDE.COM, INC.

LIQUIDITY  AND  CAPITAL  RESOURCES

Since  our  inception, we have financed our operations through the proceeds from
the  issuance  of  equity  and  debt  securities and loans from shareholders and
others.  To  date,  we  have  raised  approximately  $5 million from the sale of
common  stock  and  have  borrowed  approximately  $280,000  from  investors and
shareholders.  Funds  from  these  sources  have been used as working capital to
fund  the  on-going  development  of  the  Shopengine.net  website.

We  generated  negative  cash flow from operating activities for the period from
inception  (April  8, 1998) through February 28, 2002.  Investing activities for
the  period  from inception through February 28, 2002 consisted primarily of the
purchase  of  property  and  equipment.

The  timing  and  amount  of our capital requirements will depend on a number of
factors,  including demand for our products and services and the availability of
opportunities  for  international  expansion  through   affiliations  and  other
business  relationships.


                                    PART II.
                                OTHER INFORMATION


Item  1.  Legal  Proceedings.

         None

Item  2.  Changes  in  Securities.

         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.

         None













<PAGE>
                               ELGRANDE.COM, INC.

                                   SIGNATURES


Pursuant  to  the  requirements  of the Exchange Act, the registrant caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.

                                   ELGRANDE.COM,  INC.

By:     /s/  Michael  F.  Holloran
 -------------------------------------
Michael  F.  Holloran
President  and  Chief  Executive  Officer


Dated:     April  12,  2002