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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

FORM 10-QSB

Quarterly Report Under Section 13 or 15 (d) of
Securities Exchange Act of 1934

For Period ended September 30, 2001
Commission File Number 0-33025



CORONADO RESOURCES, INC.


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(Exact name of registrant as specified in its charter)


|                         |  |                                     
|------------------------ |  | ------------------------------------
|NEVADA                   |  | 88-0470242                          
|                         |  |                                     
|(State of Incorporation) |  | (I.R.S. Employer
Identification No.)



27735 Mountain Meadow Road, Suite 13, Escondido, CA


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(Physical Address of Principal Executive Offices)




P.O. Box 1058, San Marcos, CA 92079  (Mailing Address of Principal Executive Offices)




(619) 692-5877


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(Registrants telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

Yes [X] No [   ]

Indicate the number of shares outstanding of each of the issuers classes of
common stock at the latest practicable date.

As of September 30, 2001, the registrant had 11,270,000 shares of common stock,
$.001 par value, issued and outstanding.





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TABLE OF CONTENTS



|                             |                                                   |                                        |  |  |  |  |  | 
|---------------------------- | ------------------------------------------------- | -------------------------------------- |  |  |  |  |  | 
|                             |                                                   | INDEPENDENT ACCOUNTANTS REVIEW REPORT
|                             |                                                   | BALANCE SHEETS                        
|                             |                                                   | INCOME STATEMENTS                     
|                             |                                                   | STATEMENT OF CASH FLOWS               
|                             |                                                   | NOTES                                 
|PART I FINANCIAL INFORMATION
|                             | Managements Plan of Operations                  
|PART II OTHER INFORMATION   
|                             | ITEM 1                                           
|                             | ITEMS 2-4:                                       
|                             | ITEM 5: Information required in lieu of Form 8-K:
|                             | ITEM 6: Exhibits and Reports on 8-K:             
|SIGNATURES                  



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Coronado Resources, Inc.
(A Development Stage Company)

Balance Sheet
as of
September 30, 2001
and December 31, 2000

and

Statements of Income
and
Cash Flows
for the Three and Nine Months Ending
September 30, 2001 and 2000,
and For the Period
March 10, 1999 (Inception) to September 30, 2001





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TABLE OF CONTENTS

|                                       |  |             |   | 
|-------------------------------------- |  | ----------- | - | 
|                                       |  | Page Number
|                                       |  |            
|Independent Accountants Review Report |  |             | 1 | 
|Balance Sheet                          |  |             | 2 | 
|Income Statement                       |  |             | 3 | 
|Statement of Cash Flows                |  |             | 4 | 
|Footnotes                              |  |             | 5 | 





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G. Brad Beckstead
Certified Public Accountant

330 E. Warm Springs
Las Vegas, NV 89119
702.257.1984
702.362.0540 (fax)




INDEPENDENT ACCOUNTANTS REVIEW REPORT

Board of Directors
Coronado Resources, Inc.
(a Development Stage Company)
Las Vegas, NV

I have reviewed the accompanying balance sheet of Coronado Resources, Inc. (a
Nevada corporation) (a development stage company) as of September 30, 2001 and
the related statements of operations for the three and nine months ended
September 30, 2001 and 2000 and for the period March 10, 1999 (Inception) to
September 30, 2001, and statements of cash flows for the nine month period
ending September 30, 2001 and 2000 and for the period March 10, 1999 to
September 30, 2001. These financial statements are the responsibility of the
Companys management.

I conducted my reviews in accordance with standards established by the American
Institute of Certified Public Accountants. A review of interim financial
information consists principally of applying analytical procedures to financial
data, and making inquiries of persons responsible for financial and accounting
matters. It is substantially less in scope than an audit conducted in
accordance with generally accepted auditing standards, which will be performed
for the full year with the objective of expressing an opinion regarding the
financial statements taken as a whole. Accordingly, I do not express such an
opinion.

Based on my reviews, I am not aware of any material modifications that should
be made to the accompanying financial statements referred to above for them to
be in conformity with generally accepted accounting principles.

The accompanying financial statements have been prepared assuming the Company
will continue as a going concern. As discussed in Note 2 to the financial
statements, the Company has had limited operations and has not commenced
planned principal operations. This raises substantial doubt about its ability
to continue as a going concern. Managements plans in regard to these matters
are also described in Note 2. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

I have previously audited, in accordance with generally accepted auditing
standards, the balance sheet of Coronado Resources, Inc. (a development stage
company) as of June 30, 2001, and the related statements of operations,
stockholders equity, and cash flows for the period then ended (not presented
herein) and in my report dated July 18, 2001, I expressed an unqualified
opinion on those financial statements.

/s/ Brad Beckstead

October 9, 2001





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BALANCE SHEETS

|                                     |                                                                                    |  |             |         |        |  |       |         | 
|------------------------------------ | ---------------------------------------------------------------------------------- |  | ----------- | ------- | ------ |  | ----- | ------- | 
|                                     |                                                                                    |  | SEPT        |         | DEC 31
|                                     |                                                                                    |  | 2001        |         | 2000  
|                                     |                                                                                    |  |             |         |       
|                                     |                                                                                    |  | (Unaudited) |         |        |  |      
|ASSETS                               |                                                                                    |  |             |         |        |  |       |        
|CURRENT ASSETS                       |                                                                                    |  |             |         |        |  |       |        
|                                     | CASH (on hand & in the bank)                                                       |  |             | 3,260   |        |  |       | 6,158   | 
|                                     |                                                                                    |  |             |         |        |  |       |        
|TOTAL CURRENT ASSETS                 |                                                                                    |  | 3,260       |         |        |  | 6,158 |        
|                                     |                                                                                    |  |             |         |        |  |       |        
|TOTAL ASSETS                         |                                                                                    |  | 3,260       |         |        |  | 6,158 |        
|                                     |                                                                                    |  |             |         |        |  |       |        
|LIABILITIES AND STOCKHOLDERS EQUITY |                                                                                    |  |             |         |        |  |       |        
|CURRENT LIABILITIES                  |                                                                                    |  |             |         |        |  | 100   |        
|                                     |                                                                                    |  |             |         |        |  |       |        
|TOTAL CURRENT LIABILITIES            |                                                                                    |  | 0           |         |        |  | 100   |        
|                                     |                                                                                    |  |             |         |        |  |       |        
|TOTAL LIABILITIES                    |                                                                                    |  | 0           |         |        |  | 100   |        
|STOCKHOLDERS EQUITY                 |                                                                                    |  |             |         |        |  |       |        
|                                     | COMMON STOCK                                                                       |  |             |         |        |  |       |         | 
|                                     | Par
Value $0.001, 50,000,000 shares
   authorized, 11,270,000 issued & outstanding |  |             | 11,270  |        |  |       | 11,270  | 
|                                     | PAID IN CAPITAL                                                                    |  |             | 4,830   |        |  |       | 4,830   | 
|                                     | ACCUMULATED (DEFICIT) DURING
DEVELOPMENT STAGE                                     |  |             | -12,840 |        |  |       | -10,042 | 
|                                     |                                                                                    |  |             |         |        |  |       |        
|TOTAL STOCKHOLDERS EQUITY           |                                                                                    |  | 3,260       |         |        |  | 6,058 |        
|                                     |                                                                                    |  |             |         |        |  |       |        
|TOTAL LIAB & STOCKHOLDERS EQUITY    |                                                                                    |  | 3,260       |         |        |  | 6,158 |        
|                                     |                                                                                    |  |             |         |        |  |       |        

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





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INCOME STATEMENTS
(Unaudited)

|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  |             |        | 
|---------------------------------------------------- | --------------------------------- |  | -------------- | ----- | -------------- |  | -------------- | -- | -------------- |  | ---------- | ----- |  |  | ---------- | - |  |  | ----------- | ------ | 
|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  | 3/10/1999  
|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  | (Inception)
|                                                     |                                   |  | 3 Months Ended |       | 3 Months Ended |  | 9 Months Ended |    | 9 Months Ended |  | to        
|                                                     |                                   |  | 9/30/01        |       | 9/30/00        |  | 9/30/01        |    | 9/30/00        |  | 9/31/01   
|                                                     |                                   |  |                |       |                |  |                |    |                |  |           
|REVENUE                                              |                                   |  | 0              |       |                |  | 0              |    |                |  | 0          |       |  |  | 0          |   |  |  | 0           |       
|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  |             |       
|TOTAL REVENUE                                        |                                   |  | 0              |       |                |  | 0              |    |                |  | 0          |       |  |  | 0          |   |  |  | 0           |       
|OPERATING EXPENSES                                   |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  |             |       
|                                                     | MANAGEMENT FEES                   |  |                | 0     |                |  |                | 0  |                |  |            | 0     |  |  |            | 0 |  |  |             | 10,000 | 
|                                                     | GENERAL, SELLING & ADMINISTRATIVE |  |                | 2,613 |                |  |                | 34 |                |  |            | 2,798 |  |  |            | 0 |  |  |             | 2,840  | 
|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  |             |       
|TOTAL OPERATING EXPENSES                             |                                   |  | 2,613          |       |                |  | 34             |    |                |  | 2,798      |       |  |  | 0          |   |  |  | 12,840      |       
|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  |             |       
|NET (LOSS)                                           |                                   |  | -2,613         |       |                |  | -34            |    |                |  | -2,798     |       |  |  | 0          |   |  |  | -12,840     |       
|                                                     |                                   |  |                |       |                |  |                |    |                |  |            |       |  |  |            |   |  |  |             |       
|NET (LOSS) PER SHARE                                 |                                   |  | 0              |       |                |  | 0              |    |                |  | 0          |       |  |  | 0          |   |  |  | 0           |       
|WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING |                                   |  | 11,270,000     |       |                |  | 11,270,000     |    |                |  | 11,270,000 |       |  |  | 11,270,000 |   |  |  | 11,270,000  |       

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





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STATEMENT OF CASH FLOWS
(Unaudited)

|                                                                                          |  |           |       |           |  |             |      |  |  |           |        | 
|----------------------------------------------------------------------------------------- |  | --------- | ----- | --------- |  | ----------- | ---- |  |  | --------- | ------ | 
|                                                                                          |  |           |       |           |  |             |      |  |  | 3/10/1999
|                                                                                          |  | 9 Months  |       | 9 Months  |  | (Inception)
|                                                                                          |  | Ended     |       | Ended     |  | To         
|                                                                                          |  | 9/30/2001 |       | 9/30/2000 |  | 9/30/2001  
|                                                                                          |  |           |       |           |  |            
|CASH FLOWS FROM OPERATING ACTIVITIES
NET LOSS                                             |  |           | -2798 |           |  |             | 0    |  |  |           | -12840 | 
|ADJ TO RECONCILE NET LOSS TO NET
CASH PROVIDED BY OPERATING ACTIVITIES
ISSUE COMMON STOCK |  |           | 0     |           |  |             | 0    |  |  |           | 10000  | 
|                                                                                          |  |           |       |           |  |             |      |  |  |           |        | 
|NET CASH USED IN OPERATING ACTIVITIES                                                     |  |           | -2798 |           |  |             | 0    |  |  |           | -2840  | 
|CASH FLOWS FROM INVESTING ACTIVITIES                                                      |  |           | 0     |           |  |             | 0    |  |  |           | 0      | 
|CASH FLOWS FROM FINANCING ACTIVITIES                                                      |  |           | 0     |           |  |             | 0    |  |  |           | 6100   | 
|                                                                                          |  |           |       |           |  |             |      |  |  |           |        | 
|NET INCREASE (DECREASE)                                                                   |  |           | -2798 |           |  |             | 0    |  |  |           | 3260   | 
|CASH BEGINNING OF PERIOD                                                                  |  |           | 6058  |           |  |             | 6200 |  |  |           | 0      | 
|                                                                                          |  |           |       |           |  |             |      |  |  |           |        | 
|CASH END OF PERIOD                                                                        |  |           | 3260  |           |  |             | 6200 |  |  |           | 3260   | 

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





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CORONADO RESOURCES, INC.
(a Development Stage Company)NOTES

Note 1. Basis of Presentation

The consolidated interim financial statements included herein, presented in
accordance with United States generally accepted accounting principles and
stated in US dollars, have been prepared by the Company, without audit,
pursuant to the rules and regulations of the Securities and Exchange
Commission. Certain information and footnote disclosure normally included in
financial statements prepared in accordance with generally accepted accounting
principles have been condensed and omitted pursuant to such rules and
regulations, although the Company believes that the disclosures are adequate to
make the information presented not misleading.

These statements reflect all adjustments, consisting of normal recurring
adjustments, which, in the opinion of management are necessary for fair
presentation of the information contained therein. It is suggested that these
consolidated interim financial statements be read in conjunction with the
financial statements of the Company for the year ended December 31, 2000 and
notes thereto. The Company follows the same accounting policies in the
preparation of interim reports.

Results of operations for the interim periods are not indicative of annual
results.

Note 2. Going concern

These consolidated financial statements have been prepared in accordance with
generally accepted accounting principles applicable to a going concern which
contemplates the realization of assets and the satisfaction of liabilities and
commitments in the normal course of business. As of September 30, 2001 the
Company has not recognized revenue to date and has accumulated operating losses
of approximately $12,840 since inception. The Companys ability to continue as
a going concern is contingent upon the successful completion of additional
financing arrangements and its ability to achieve and maintain profitable
operations. Management plans to raise equity capital to finance the operating
and capital requirements of the Company. Amounts raised will be used to
further development of the Companys products, to provide financing for
marketing and promotion, to secure additional property and equipment, and for
other working capital purposes. While the Company is expending its best
efforts to achieve the above plans, there is no assurance that any such
activity will generate funds that will be available for operations.

These conditions raise substantial doubt about the Companys ability to
continue as a going concern. These financial statements do not include any
adjustments that might arise from this uncertainty.

Note 3. Related party transactions

The Company does not lease or rent any property. Office services are provided
without charge by a director. Such costs are immaterial to the financial
statements and, accordingly, have not been reflected therein. The officers and
directors of the Company are involved in other business activities and may, in
the future, become involved in other business opportunities. If a specific
business opportunity becomes available, such persons may face a conflict in
selecting between the Company and their other business interests. The Company
has not formulated a policy for the resolution of such conflicts.





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PART I FINANCIAL INFORMATION




Managements Plan of Operations

The Company maintains a cash balance sufficient to sustain corporate operations
until such time as Management can raise the funding necessary to advance its
business plan. The losses of $2798 through September 2001 were due to
operating expenses including licenses and fees, accounting and audit fees and
office expenses. Sales of the Companys equity securities have allowed the
Company to maintain a positive cash flow balance.

Our business plan includes the following future steps: complete all Form 10-SB
filing requirements during months one through three, obtain a listing on the
OTC Electronic Bulletin Board during months four through six, prepare a
private placement memorandum during months seven through eight, and raise
capital of $2,000,000 through the sale of common stock in a private placement
by selling 2,000,000 shares at $1.00 per share, to accredited or sophisticated
investors during months nine through ten. During month eleven, after raising
capital, the Company intends to open one office in San Diego County, and one in
Orange County, California. During months eleven through sixteen, in order to
operate both offices for six months, we intend to expend $40,000 for two
managers, $35,000 for two estimators/trainers, $90,000 for six installers,
$25,000 for two office clerical employees, $45,000 for inventory, $10,000 for
set-up and maintenance of the Companys web site, $125,000 for advertising,
$118,000 for purchase of computers and fixed assets, $10,000 for insurance, and
$50,000 for rent and other operating expenses. After month sixteen, we intend
to expand into Arizona by opening one new office in Phoenix..

In our companys development stage, we have taken the following steps: signed
an exclusive licensing agreement with our president for use of his advanced
solar window film product design, prepared a business plan which proposes to
utilize our founders backgrounds to sell and install our proprietary advanced
solar window film product to residential and commercial users in Southern
California and Arizona, and filed a Form 10-SB with the Securities and Exchange
Commission in order to make our financial information equally available to any
interested parties or investors.

We have begun the development stage of our company by securing an exclusive
licensing agreement with our president for use of his advanced solar window
film product design, and preparing a business plan. We will only be able to
continue to advance our business plan after we receives capital funding through
the sale of equity securities. After raising capital, we intend to hire
employees, rent commercial space in San Diego and Orange County, purchase
inventory, and begin development of our window tinting operations. We intend
to use the equity capital to fund the business plan during the first twelve
months as cash flow from sales is not estimated to begin until year two of the
business plan. We will face considerable risk in each of our business plan
steps, such as difficulty of hiring competent personnel within our budget and a
shortfall of funding due to our inability to raise capital in the equity
securities market. If no funding is received, we will be forced to rely on
existing cash in the bank and funds loaned by the directors and officers. The
officers and directors have not, as of the date of this filing, loaned any
funds to the company. There are no formal commitments or arrangements to
advance or loan funds to the company or repay any such advances or loans. In
such a restricted cash flow scenario, we would be unable to complete our
business plan steps, and would, instead, delay all cash intensive activities.
Without necessary cash flow, we may be dormant during the next twelve months,
or until such time as necessary funds could be raised in the equity securities
market.





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PART II OTHER INFORMATION




ITEM 1

Not applicable.




ITEMS 2-4:

Not applicable




ITEM 5: Information required in lieu of Form 8-K:

None




ITEM 6:

Exhibits and Reports on 8-K:



None.




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.

|                         |                                                    
|------------------------ | ---------------------------------------------------
|                         | Coronado Resources, Inc.                           
|                        
|Dated: November 13, 2001 | /s/ William Talvy                                  
|                         |                                                    
|                         | William Talvy
President and Chief Executive Officer





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