U.S. Securities and Exchange Commission
                             Washington, D.C. 20549

                                   Form 10-QSB


       QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

For the quarter ended: March 31, 2001

Commission file no.: 0-25657

                         GENERAL CONSUMER PRODUCTS, INC.
                        ---------------------------------
                 (Name of Small Business Issuer in its Charter)

                 FLORIDA                                        65-0877741
------------------------------------------                ----------------------
            State or other jurisdiction of                (I.R.S. Employer
            incorporation or organization)                   Identification No.)

222 Lakeview Avenue, Suite 160
West Palm Beach, FL 33401                                          33401
------------------------------------------                ----------------------
(Address of principal executive offices)                          (Zip Code)

Issuer's telephone number:  (561) 832-5705

Securities registered under Section 12(b) of the Act:

     Title of each class                                 Name of each exchange
                                                         on which registered
            None                                                None
-----------------------------------                 ----------------------------

Securities registered under Section 12(g) of the Act:

                    Common Stock, $.0001 par value per share
            --------------------------------------------------------
                                (Title of class)

Copies of Communications Sent to:
                                    Donald F. Mintmire
                                    Mintmire & Associates
                                    265 Sunrise Avenue, Suite 204
                                    Palm Beach, FL 33480
                                    Tel: (561) 832-5696 - Fax: (561) 659-5371


<PAGE>



     Indicate by Check  whether the issuer (1) filed all reports  required to be
filed by Section 13 or 15(d) of the  Exchange  Act during the past 12 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 90 days.

                     Yes  X                  No
                         ----                   ----

     As of March 31,  2001,  there are  2,100,000  shares of voting stock of the
registrant issued and outstanding.





















<PAGE>



PART I

Item 1.      Financial Statements




GENERAL CONSUMER PRODUCTS, INC.


TABLE OF CONTENTS


                                                                        Page

Balance Sheet                                                           F-2

Statement of Operations and Deficit Accumulated
During the Development Stage                                            F-3

Statement of Cash Flows                                                 F-4

Statement of Changes in Stockholders'  Equity                           F-5

Notes to Financial Statements                                           F-6











                                       F-1


<PAGE>



<TABLE>
<CAPTION>
GENERAL CONSUMER PRODUCTS, INC.
( A Development Stage Company)

BALANCE SHEET


March 31,                                                                 2001
-----------------------------------------------------------------     ---------------
<S>                                                                   <C>
ASSETS

Current Assets:
     Cash                                                             $          -
-----------------------------------------------------------------     ---------------

TOTAL CURRENT ASSETS                                                             -
-----------------------------------------------------------------     ---------------

                                                                      $          -

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

LIABILITIES

Current Liabilities:
     Accrued expenses                                                 $          -
-----------------------------------------------------------------     ---------------

TOTAL CURRENT LIABILITIES                                                        -
-----------------------------------------------------------------     ---------------

                                                                                 -

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

STOCKHOLDERS' EQUITY

Common stock - $.0001 par value - 50,000,000 share authorized                  210
2,100,000 shares issued and outstanding


Preferred stock - No par value - 10,000,000 shares authorized
No shares issued or outstanding                                                  -
     Additional paid-in-capital                                             63,290
     Deficit accumulated during the development stage                      (63,500)
------------------------------------------------------------------    --------------

TOTAL STOCKHOLDERS' EQUITY                                                       -
------------------------------------------------------------------    --------------

                                                                      $          -
------------------------------------------------------------------    --------------
</TABLE>

     The accompanying notes are an integral part of the financial statements
                                       F-2


<PAGE>



<TABLE>
<CAPTION>
GENERAL CONSUMER PRODUCTS, INC.
( A Development Stage Company)

STATEMENT OF OPERATIONS AND
    DEFICIT ACCUMULATED DURING THE DEVELOPMENT STAGE




For the three months ended March  31,                                                2001
------------------------------------------------------------     -------------- ---------------
<S>                                                                   <C>       <C>
Revenues                                                                        $        -
------------------------------------------------------------     -------------- ---------------


Operating expenses:
    Office                                                            168
    Bank charges                                                       30              198
------------------------------------------------------------     -------------- ---------------

Loss before income taxes                                                               (198)
Income  taxes                                                                              -
------------------------------------------------------------     -------------- ---------------

Net loss                                                                                (198)

Accumulated deficit - December 31, 2000                                              (63,500)
------------------------------------------------------------     -------------- ---------------

Accumulated deficit - March 31, 2001                                            $    (63,500)
------------------------------------------------------------     -------------- ---------------

Net loss per share                                                              $     (0.000)
------------------------------------------------------------     -------------- ---------------

Weighted average shares of common stock                                             2,100,000
</TABLE>




     The accompanying notes are an integral part of the financial statements



                                       F-3


<PAGE>



<TABLE>
<CAPTION>
GENERAL CONSUMER PRODUCTS, INC.
(A Development Stage Company)

Statement of Cash Flows



For the three months ended March 31,                              2001
-----------------------------------------------------  -----------------
<S>                                                      <C>
Operating Activities:
     Net loss                                            $        (198)
-----------------------------------------------------  -----------------

Net cash used by operating activities                             (198)
-----------------------------------------------------  -----------------

Net decrease in cash                                              (198)
-----------------------------------------------------  -----------------

Cash -December 31, 2000                                  $           -
-----------------------------------------------------  -----------------

Cash - March 31, 2001                                    $           -
-----------------------------------------------------  -----------------
</TABLE>




     The accompanying notes are an integral part of the financial statements








                                       F-4





<PAGE>




<TABLE>
<CAPTION>
GENERAL CONSUMER PRODUCTS, INC.
(A Development Stage Company)

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

                                                                                         Additional
                                                 Number of        Preferred    Common    Paid - In      Deficit
                                                   Shares           Stock       Stock     Capital      Accumulated    Total
                                               --------------    ----------- ----------- ------------ ------------- ------------
<S>                                            <C>               <C>         <C>         <C>          <C>           <C>
Beginning balance:

     November 1, 1994 - Services                      600,000    $         - $     60    $        940 $        -    $     1,000
     (Date of Inception)

Issuance of Common Stock:

     December 1, 1998                               1,000,000              -      100          49,900          -         50,000

     December 1, 1998 - Services                      500,000                      50          12,450                    12,500


Deficit accumulated during the
development stage                                           -              -        -               -    (63,500)       (63,500)
---------------------------------------------- ----------------- ----------- -----------  ------------ ------------- -----------



Balance - March 31, 2001                            2,100,000    $         - $    210     $    63,290  $ (63,500)    $       -

---------------------------------------------- ----------------- ----------- -----------  ------------ ------------- -----------
</TABLE>



     The accompanying notes are an integral part of the financial statements







                                       F-5



<PAGE>



                         General Consumer Products, Inc.
                          Notes to Financial Statements

Note A - Summary of Significant Accounting Policies:

Organization

General  Consumer  Products,  Inc. (a  development  stage  company) is a Florida
Corporation  organized  October  17,  1994 to  operate  a  retail  shoe and foot
products  company.  The Company  failed in its attempt to implement  its initial
business plan and during December 1995 abandoned its efforts. The Company had no
operations  for the period prior to December 1995. The Company was inactive from
December 1995 to the date of  reinstatement  by the State of Florida on December
1, 1998.

The Company has a new business  plan,  which was adopted on or about December 1,
1998, which is to engage in seeking potential operating  businesses and business
opportunities  with the intent to acquire  or merge  with such  businesses.  The
assets of the Company  will be used for its  expenses of  operation to implement
this plan.  The  Company is  actively  pursuing a merger  partner at the present
time.

Accounting Method

The Company's  financial  statements  are prepared  using the accrual  method of
accounting.  The Company  initially  elected a September 30 year end. On May 22,
2000 the Company changed its year end to December 31.

Change of Name

The Company  originally known as Shoe Krazy,  Inc. has had several name changes.
The Company changed its name to Diversified Products Inspection, Inc. on May 19,
2000 and to General Consumer Products, Inc. on March 5, 2001.

Start - Up Costs

Start - up and organization costs are being expensed as incurred.

Loss Per Share

The  computation  of loss per  share of  common  stock is based on the  weighted
average number of shares outstanding at the date of the financial statements.

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.

Note B - Stockholders' Equity:

On November 1, 1994, the Company issued 600,000 shares of common stock,  in lieu
of cash, for the fair market value of services rendered by its initial officer -
stockholder.  On or about December 1, 1998,  third parties  purchased the shares
from the initial  officer -  stockholder.  The same third  parties  purchased at
$0.05 per  share,  1,000,000  shares of the  common  stock of the  Company  in a
private  placement  pursuant to Regulation D of the SEC. On or about December 1,
1998,  the Company issued 500,000 shares of its common stock to its sole officer
in exchange for services valued at $12,500.

                                       F-6


<PAGE>



                         General Consumer Products, Inc.
                          Notes to Financial Statements


Note B - Stockholders' Equity (Cont'd):


At March 31, 2001,  the Company had authorized  50,000,000  shares of $.0001 par
value  common  stock  and had  2,100,000  shares  of  common  stock  issued  and
outstanding.  In addition, the Company authorized 10,000,000 shares of preferred
stock with the specific  terms;  conditions,  limitations  and preferences to be
determined by the Board of Directors.  None of the preferred stock is issued and
outstanding.

Note C - Stock Exchange Agreement:

A reverse  acquisition  was  previously  reported on Form 8K on March 21,  2000,
which  described the terms and  conditions of a Stock Exchange  Agreement  dated
March 13, 2000 between the Company and Diversified Product Investigations, Inc.,
f/k/a Diversified Products Inspections,  Inc. a Florida corporation (DPI), which
provided  for the  exchange  of one  hundred  percent  (100%) of the  issued and
outstanding stock of DPI for shares of the Company, such that DPI would become a
wholly-owned subsidiary of the Company.

DPI and the Company have agreed that there was a failure of consideration on the
part of one (1) or both of the  parties to the  Agreement.  DPI and the  Company
have agreed that it is in the best interest of both parties to void,  cancel and
terminate  the Agreement ab initio and to release any claims DPI has against the
Company as well as any claims that the Company has against DPI in  consideration
of such release.

Note D - Income Taxes:

The Company has a net operating loss carry forward of $63,500 that may be offset
against  future  taxable  income.  If not used, the carry forward will expire in
2020.

The amount  recorded as deferred tax assets,  cumulative as of March 31, 2001 is
$12,000,  which  represents the amounts of tax benefits of loss  carry-forwards.
The Company has established a valuation allowance for this deferred tax asset of
$12,000, as the Company has no history of profitable operations.

Note E - Going Concern:

The  Company's  financial  statements  are  prepared  using  generally  accepted
accounting  principles  applied  to  a  going  concern  which  contemplates  the
realization  of assets and  liquidation  of  liabilities in the normal course of
business.  The Company has incurred losses from its inception  through March 31,
2001. It has not established revenues sufficient to cover operating costs and to
allow it to continue as a going  concern.  Currently  management is committed to
obtain additional capital.





                                       F-7







<PAGE>



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

     The Company is considered a development  stage company with limited  assets
or capital, and with no operations or income since approximately 1995. The costs
and expenses  associated  with the  preparation and filing of this statement and
other   operations  of  the  Company  have  been  paid  for  by  a  shareholder,
specifically Rodney Delaney Ford. The payments are not a loan to the Company and
will not be repaid to the  contributor.  It is anticipated that the Company will
require only nominal capital to maintain the corporate  viability of the Company
and any  additional  needed funds will most likely be provided by the  Company's
existing shareholders or its officers and directors in the immediate future. Mr.
Ford has agreed to pay future costs  associated with filing reports under the 34
Act until business  develops or a merger candidate is located..  There is no cap
or ceiling on the expenses Mr. Ford has agreed to pay.

     Only nominal  capital will be required to maintain the corporate  viability
of the  company and any needed  funds will be provided by existing  shareholders
until  business  develops  or a merger  candidate  is  acquired.  Management  is
convinced  that it will be able to operate in this manner during the next twelve
months  or  longer.  However,  unless  the  Company  is  able to  facilitate  an
acquisition  of or  merger  with an  operating  business  or is  able to  obtain
significant  outside financing,  there is substantial doubt about its ability to
continue as a going concern.

     Since its inception,  the Company has conducted minimal business operations
except for  organizational and capital raising  activities.  The Company has not
realized any revenues since its inception due to the fact that its executive Mr.
Ford has been primarily engaged in organizational and promotional  activities on
behalf of the Company.  As a result,  from inception  (December 1, 1998) through
March 31, 2001,  the Company had $0.00  revenue.  Total Company  operations  and
operating expenses as of March 31, 2001 were $198.

Financial Condition, Capital Resources and Liquidity

     At March 31, 2001, the Company had assets totaling $0.00 and an accumulated
deficit of  ($63,500)  attributable  to  accrued  legal  expenses,  organization
expenses and professional fees. Since the Company's  inception,  it has received
$50,000.00 in cash  contributed as  consideration  for the issuance of shares of
Common Stock.

Net Operating Losses

     The Company has net operating loss  carry-forwards  of $ 63,500 expiring in
2020.  The  company has a $12,000  deferred  tax asset  resulting  from the loss
carry-forwards,  for which it has established a 100% valuation allowance.  Until
the Company's current operations begin to produce earnings,  it is unclear as to
the ability of the Company to utilize such carry-forwards.

     In the  opinion  of  management,  inflation  has not and  will  not  have a
material  effect on the operations of the Company until such time as the Company
successfully  completes an acquisition or merger. At that time,  management will
evaluate the  possible  effects of inflation on the Company as it relates to its
business and operations following a successful acquisition or merger.

Plan of Operation

     During the next twelve  months,  the  Company  will  actively  seek out and
investigate  possible business  development and business  opportunities with the
intent to acquire  or merge  with one or more  business  ventures.  Because  the
Company has limited funds, it may be necessary for the officers and directors to
either advance funds to the Company or to accrue expenses until such time


<PAGE>



as a successful business  consolidation can be made.  Management intends to hold
expenses  to a minimum  and to  obtain  services  on a  contingency  basis  when
possible.  Further,  the Company's  directors will defer any compensation  until
such time as an  acquisition  or merger can be  accomplished  and will strive to
have the  business  opportunity  provide  their  remuneration.  However,  if the
Company  engages  outside  advisors or  consultants  in its search for  business
opportunities,  it  may be  necessary  for  the  Company  to  attempt  to  raise
additional  funds.  As of  the  date  hereof,  the  Company  has  not  made  any
arrangements or definitive  agreements to use outside advisors or consultants or
to raise any capital.  In the event the Company does need to raise  capital most
likely the only method available to the Company would be the private sale of its
securities. Because of the nature of the Company as a development stage company,
it is  unlikely  that it could make a public  sale of  securities  or be able to
borrow any significant sum from either a commercial or private lender. There can
be no assurance that the Company will able to obtain additional funding when and
if  needed,  or that  such  funding,  if  available,  can be  obtained  on terms
acceptable to the Company.

PART II

Item 1.                             Legal Proceedings.

     The  Company  knows  of no legal  proceedings  to which it is a party or to
which any of its  property  is the  subject  which are  pending,  threatened  or
contemplated or any unsatisfied judgments against the Company.

Item 2. Changes in Securities and Use of Proceeds

            None

Item 3. Defaults in Senior Securities

            None

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

     No matter was submitted,  during the quarter ending March 31, 2001, covered
by  this  report,  to  a  vote  of  the  Company's  shareholders,   through  the
solicitation of proxies or otherwise.

Item 5. Other Information

            None

Item 6. Exhibits and Reports on Form 8-K

     (a) The exhibits  required to be filed  herewith by Item 601 of  Regulation
S-B, as described in the following index of exhibits, are incorporated herein by
reference, as follows:



<PAGE>


<TABLE>
<S>         <C>         <C>
Exhibit No.             Description
-----------             -----------------------------------------------------------
3(i).1      [1]         Articles of Incorporation filed October 17, 1994

3(i).2      [1]         Articles of Amendment filed December 15, 1998.

3(i).3      [3]         Articles of Amendment changing the Company name from Shoe Krazy, Inc. to
                        Diversified Product Inspections, Inc. filed May 19, 2000.

3(i).4      [3]         Articles of Amendment changing the name of the Company's subsidiary from
                        Diversified Product Inspections, Inc. to Diversified Product Investigations, Inc. filed
                        May 19, 2000.

3(ii).1     [1]         By-laws.

4.1         [2]         Rescinded.

4.2         [4]         Rescinded.

4.3         [4]         Rescinded.

4.4         [4]         Rescinded.

4.5         [4]         Rescinded.

4.6         [5]         Rescinded.

10.1        [4]         Rescinded.

10.2        [4]         Rescinded.

10.3        [4]         Rescinded.

10.4        [4]         Rescinded.

16.1        [6]         Rescinded.

16.2        [6]         Rescinded.

99.1        [7]         Agreement to Void, Cancel and Terminate Stock Exchange Agreement.
</TABLE>

[1]  Incorporated herein by reference to the Company's Registration Statement on
     Form 10-SB filed March 29, 1999.

[2]  Incorporated herein by reference to the Company's Current Report on Form 8K
     filed March 21, 2000.

[3]  Incorporated  herein by reference to the Company's Quarterly Report for the
     quarter ended March 30, 2000 on Form 10 QSB filed May 22, 2000.



<PAGE>



[4]  Incorporated  herein by reference to the Company's Quarterly Report for the
     quarter ended September 30, 2000 on Form 10 QSB filed November 20, 2000.

[5]  Incorporated  herein by reference to the Company's First Amended  Quarterly
     Report  for the  quarter  ended  September  30,  2000 on Form 10 QSB  filed
     November 22, 2000.

[6]  Incorporated herein by reference to the Company's Current Report on Form 8K
     filed February 5, 2001.

[6]  Incorporated  herein by reference to the  Company's  Form 10KSB filed April
     16, 2001.

*    Filed herewith

     (b) The Company  filed a report on Form 8K on March 21, 2000 in  connection
with the Company's  acquisition  of  Diversified  Product  Inspections,  Inc., a
Florida corporation.

     The  Company  filed a report on Form 8K on May 22,  2000 with the  required
financial  statements  pursuant  to its first  report on Form 8K filed March 21,
2000 and also changed its fiscal year to that of its subsidiary, December 31.

     The Company filed two (2) reports on Form 8KA on May 26, 2000.

     The Company filed a report on Form 8K changing the Registrant's  Certifying
Accountant on February 5, 2001.





<PAGE>



                                   Signatures
                            -------------------------

            In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
there unto duly authorized.

                         GENERAL CONSUMER PRODUCTS, INC.
                                  (Registrant)


Date: May 15, 2001          BY: /s/ Rodney D. Ford
                            --------------------------------
                              Rodney D. Ford, President

            In accordance with the Exchange Act, this report has been signed
below by the following persons on behalf of the registrant and in the capacities
and on the dates indicated.

Date                          Signature                    Title

May 15, 2001      BY: /s/ Rodney D. Ford
                    ------------------------------      President, Secretary
                      Rodney D. Ford                     Treasurer, Director





















<PAGE>