U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                           FORM 10-QSB

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

     For the quarterly period ended March 31, 2000

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

     For the transition period from     to

                   Commission File No. 025908

                    SICLONE INDUSTRIES, INC.
  (Exact name of small business issuer as specified in its charter)

            Nevada                          87-0429748
(State or other jurisdiction of    (IRS Employer Identification No.)
 incorporation or organization)

       6269 Jamestown Court, Salt Lake City,  Utah  84121
             (Address of principal executive offices)

                          801-566-6627
                   (Issuer's telephone number)

                         Not Applicable
(Former name, address and fiscal year, if changed since last report)

Check  whether the issuer (1) has filed all reports required  to
be  filed by Section 13 or 15(d) of the Exchange Act during  the
preceding 12 months (or for such shorter period that the  issuer
was required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days. Yes [ X] No [  ]

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

Check whether the registrant has filed all documents and reports
required  to  be  filed by Sections 12,  13,  or  15(d)  of  the
Exchange Act subsequent to the distribution of securities  under
a plan confirmed by a court. Yes [  ]  No  [  ]

APPLICABLE ONLY TO CORPORATE ISSUERS:

State  the number of shares outstanding of each of the  issuer's
classes  of  common  equity, as of March  31,  2000:  23,810,000
shares of common stock.

Transitional Small Business Format:  Yes [   ]  No [ X ]

<PAGE>

                           FORM 10-QSB
                 PATRIOT INVESTMENT CORPORATION

                              INDEX
                                                       Page
PART I.   Financial Information

          Item I.  Financial Statements (unaudited)       3

          Condensed Balance Sheets - March 31, 2000       4
          (unaudited) and December 31, 1999

          Condensed    Statements   of   Operations
          (unaudited)  for the Three  Months  Ended
          March  31,  2000 and 1999,  and  for  the
          Period  from November 1, 1985 (Inception)       5
          to March 31, 2000

          Statements of Cash Flows (unaudited)  for
          the Three Months Ended March 31, 2000 and
          1999,  and from the Period from  November       6
          1, 1985 (Inception) to March 31, 2000

          Notes     to    Consolidated    Financial
          Statements                                      7

          Item  2.   Management's  Discussion   and
          Analysis of Financial Condition                 9

PART II.  Other Information

          Item 6.  Exhibits and Reports on Form 8-K      10

          Signatures                                     11

(Inapplicable items have been omitted)

                                2
<PAGE>

                             PART I.
                      Financial Information

Item 1.  Financial Statements (unaudited)

In   the   opinion  of  management,  the  accompanying  unaudited
financial  statements included in this Form  10-QSB  reflect  all
adjustments  (consisting  only  of  normal  recurring   accruals)
necessary  for  a fair presentation of the results of  operations
for  the  periods presented.  The results of operations  for  the
periods  presented are not necessarily indicative of the  results
to be expected for the full year.

                                3
<PAGE>

                    SICLONE INDUSTRIES, INC.
                 (A Development Stage Company)
                         Balance Sheets


                             ASSETS

                                            March 31,           December 31,
                                            2000                1999
CURRENT ASSETS

  Cash                                     $      368           $    178

    Total Current Assets                          368                178

    TOTAL  ASSETS                          $      368           $    178


         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

  Accounts payable                         $    1,600           $    280
  Accounts payable - related party (Note 2)     5,500              5,000

      Total Liabilities                         7,100              5,280

STOCKHOLDERS' EQUITY (DEFICIT)

  Preferred stock: 5,000,000 shares
   authorized at $0.001 par value;
   -0- shares issued and outstanding                -                  -
  Common stock: 30,000,000 shares authorized
   at $0.001 par value; 23,810,000 shares
   issued and outstanding                      23,810             23,810
  Additional paid-in capital                  583,693            583,693
  Deficit accumulated during the
   development stage                         (614,235)          (612,605)

    Total Stockholders' Equity (Deficit)       (6,732)            (5,102)

     TOTAL LIABILITIES AND STOCKHOLDERS'
       EQUITY (DEFICIT)                      $    368           $    178


See Accountants' Review Report and the accompanying notes to the
reviewed financial statements.

                                4
<PAGE>

                    SICLONE INDUSTRIES, INC.
                 (A Development Stage Company)
                    Statements of Operations


                                                               From
                                                               Inception on
                                                               November 1,
                          For the Three Months Ended           1985 through
                                    March 31,                  March 31,
                               2000             1999           2000

REVENUES                    $     -          $    -           $    -

EXPENSES                     (1,630)         (3,040)          (18,732)

LOSS FROM DISCONTINUED
 OPERATIONS                       -               -          (595,503)

NET LOSS                    $(1,630)      $  (3,040)      $  (614,235)

BASIC LOSS PER SHARE         $(0.00)         $(0.00)


See Accountants' Review Report and the accompanying notes to the
reviewed financial statements.

                                5
<PAGE>

                        SICLONE INDUSTRIES, INC.
                 (A Development Stage Company)
                    Statements of Cash Flows

                                                                   From
                                                                   Inception on
                                                                   November 1,
                                         For the Three Months      1985 through
                                            Ended March 31,        March 31,
                                           2000        1999        2000

OPERATING ACTIVITIES:

Net loss                                 $ (1,630)   $ (3,040)    $ (614,235)
Adjustments to reconcile net loss to net
 cash (used) by operating activities:
Shares issued for services                      -           -             50
Changes in operating assets and liabilities:
Increase (decrease) in accounts payable
 and accounts payable - related party       1,820           -          7,100
   Net Cash Provided (Used) by
     Operating Activities                     190      (3,040)      (607,085)

INVESTING ACTIVITIES:                           -           -              -

FINANCING ACTIVITIES:

  Additional capital contributed                -           -         10,180
  Stock offering costs                          -           -        (18,678)
  Issuance of common stock                      -           -        615,951

     Net Cash Provided by
       Financing Activities                     -           -        607,453

INCREASE (DECREASE) IN CASH AND
  CASH EQUIVALENTS                            190      (3,040)           368

CASH AT BEGINNING OF
 PERIOD                                       178       4,241              -

CASH AT END OF PERIOD                     $   368    $  1,201        $   368

CASH PAID FOR
  Interest                                $     -    $      -        $     -
  Income taxes                            $     -    $      -        $     -



See Accountants' Review Report and the accompanying notes to the
reviewed financial statements.

                                6
<PAGE>

                    SICLONE INDUSTRIES, INC.
                 (A Development Stage Company)
               Notes to the Financial Statements
              March 31, 2000 and December 31, 1999


NOTE 1 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       a. Organization

       The  Company was incorporated in the State of Delaware  on
       November  1,  1985  under the name McKinnely  Investments,
       Inc.   In  November 1986, the Company changed its name  to
       Acculine  Industries, Incorporated  and  in  May  1988  to
       Siclone Industries, Inc.

       The  Company was incorporated for the purpose of providing
       a  vehicle, which could be used to raise capital and  seek
       business opportunities.

       b. Accounting Method

       The  Company's financial statements are prepared using the
       accrual  method of accounting.  The Company has elected  a
       calendar year end.

       c. Cash and Cash Equivalents

       Cash   equivalents  include  short-term,   highly   liquid
       investments  with maturities of three months  or  less  at
       the time of acquisition.

       d. Basic Loss Per Share

       The  computations of basic loss per share of common  stock
       are  based  on  the  weighted  average  number  of  shares
       outstanding during the period.

                      For the Three Months Ended
                           March 31, 2000
                Loss           Shares      Per Share
              (Numerator)  (Denominator)    Amount

              $    1,630     23,810,000    $ (0.00)

                      For the Three Months Ended
                           March 31, 1999
                Loss           Shares       Per Share
              (Numerator)   (Denominator)    Amount

               $    3,040    23,810,000     $ (0.00)


                                7
<PAGE>

                    SICLONE INDUSTRIES, INC.
                 (A Development Stage Company)
               Notes to the Financial Statements
              March 31, 2000 and December 31, 1999


NOTE  1  -  SUMMARY OF SIGNIFICANT  ACCOUNTING POLICIES (Continued)

       e. Provision for Taxes

       The  Company has net operating loss carryforwards totaling
       approximately  $600,000 that may be offset against  future
       taxable  income  through 2019.  No tax  benefit  has  been
       reported in the financial statements, because the  Company
       believes  there  is  a  50%  or greater  chance  the  loss
       carryforwards   will  expire  unused.   Accordingly,   the
       potential  tax  benefits  of the  loss  carryforwards  are
       offset by a valuation allowance of the same amount.

       f.  Use of Estimates

       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.

NOTE 2 - RELATED PARTY TRANSACTIONS

       During  1993, the Company's president  purchased 1,000,000
       shares  of  common  stock for $1,000.   During  1995,  the
       Company's  president  purchased an  additional  11,000,000
       shares of common stock for $11,000.

       During  1999  and  2000,  the Company=s  president  loaned
       $5,000   and   $500,  respectively,  to  cover   operating
       expenses.  The amount is non-interest bearing and  due  on
       demand.

NOTE 3 -  GOING CONCERN

       The  Company's  financial statements  are  prepared  using
       generally accepted accounting principles applicable  to  a
       going  concern  which  contemplates  the  realization   of
       assets  and  liquidation  of  liabilities  in  the  normal
       course of business.  However, the Company has little  cash
       and   has  experienced  losses  from  inception.   Without
       realization of additional adequate financing, it would  be
       unlikely  for  the  Company  to  pursue  and  realize  its
       objectives.  The Company intends to seek a merger with  an
       existing  operating company.  In the interim,  an  officer
       of  the  Company  has committed to meeting  its  operating
       expenses.


                                8
<PAGE>

        Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
             FINANCIAL CONDITION OR PLAN OF OPERATION

Forward-Looking Statement Notice

When  used  in  this  report, the words "may," "will,"  "expect,"
"anticipate,"  "continue," "estimate," "project,"  "intend,"  and
similar  expressions  are  intended to  identify  forward-looking
statements  within the meaning of Section 27a of  the  Securities
Act  of  1933 and Section 21e of the Securities Exchange  Act  of
1934 regarding events, conditions, and financial trends that  may
affect   the  Company's  future  plans  of  operations,  business
strategy,  operating  results, and financial  position.   Persons
reviewing  this  report  are cautioned that  any  forward-looking
statements  are  not  guarantees of future  performance  and  are
subject  to  risks and uncertainties and that actual results  may
differ  materially from those included within the forward-looking
statements  as  a  result of various factors.  Such  factors  are
discussed  under  the  "Item  6.   Management's  Discussion   and
Analysis of Financial Condition or Plan of Operations," and  also
include general economic factors and conditions that may directly
or indirectly impact the Company's financial condition or results
of operations.

Three Month periods Ended March 31, 2000 and 1999

The  Company  had no revenue from continuing operations  for  the
three-month periods ended March 31, 2000 and 1999.

General  and administrative expenses for the three month  periods
ended  March  31,  2000 and 1999, consisted of general  corporate
administration, legal and professional expenses,  and  accounting
and  auditing costs.  These expenses were $1,630 and  $3,040  for
the   three-month  periods  ended  March  31,  2000   and   1999,
respectively.

As  a result of the foregoing factors, the Company realized a net
loss  of  $1,630 for the three months ended March  31,  2000,  as
compared to a net loss of $3,040 for the same period in 1999.

Liquidity and Capital Resources

At March 31, 2000, the Company had working capital deficit of
approximately $368, as compared to a working capital of
approximately $178 at December 31, 1999.

Management believes that the Company has sufficient cash and
short-term investments to meet the anticipated needs of the
Company's operations through at least the next 12 months.
However, there can be no assurances to that effect, as the
Company has no significant revenues and the Company's need for
capital may change dramatically if it acquires an interest in a
business opportunity during that period.  The Company's current
operating plan is to (i) handle the administrative and reporting
requirements of a pubic company, and (ii) search for potential
businesses, products, technologies and companies for acquisition.
At present, the Company has no understandings, commitments or
agreements with respect to the acquisition of any business
venture, and there can be no assurance that the Company will
identify a business venture suitable for acquisition I the
future.  Further, there can be no assurance that the Company
would be successful in consummating any acquisition on favorable
terms or that it will be able to profitably manage any business
venture it acquires.

                                9
<PAGE>


                         PART II.  OTHER INFORMATION

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

Reports on Form 8-K:  No reports on Form 8-K were filed by the
Company during the quarter ended March 31, 2000.

Exhibits: Included only with the electronic filing of this report
is the Financial Data Schedule for the three month period ended
March 31, 2000 (Exhibit ref. No. 27).

                               10
<PAGE>

                         SIGNATURES

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

                              PATRIOT INVESTMENT CORPORATION


Date: 5/11/00                 By: /s/  Bradley S. Shepherd,
                              President, Secretary and Treasurer

                               11
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