UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D. C. 20549

                                    FORM 10QSB

(X)      Quarterly report pursuant to Section 13 or 15(d) of the Securities

         Exchange Act of 1934 for the quarterly period ended September 30,
2002

( )      Transition report pursuant of Section 13 or 15(d) of the Securities
         Exchange Act of 1939 for the transition period ____ to______


                       COMMISSION FILE NUMBER 000-28739

                                              -----------


                          CELTRON INTERNATIONAL, INC.
                   ------------------------------------------
             (Exact name of registrant as specified in its charter)



          Nevada                                      91-1903590
- ----------------------------------        ----------------------------------
(State or other jurisdiction of           (IRS Employer  Identification No.)
 incorporation or organization)


                             563 Old Pretoria Road
                             Midrand, South Africa
                                  011-652-6350
- ----------------------------------------------------------------------------
--
(Address of Principal Executive Offices, including Registrant's zip code
 and telephone number)


     --------------------------------------------------------------
     Former name, former address and former fiscal year, if changed


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
                                                  ---      ---

The number of shares of the registrant's common stock as of September 30, 2002
16,269,200 shares.

<PAGE>
Transitional Small Business Disclosure Format (check one):   Yes    No X
                                                                ---   ---



                             TABLE OF CONTENTS
                             -----------------

PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements

(a)      Balance Sheet
(b)      Statement of Operations
(c)      Statement of Changes in Financial Position
(d)      Statement of Shareholders' Equity
(e)      Notes to Financial Statements

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

Item 3.  Risks

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings

Item 2.  Changes in Securities and Use of Proceeds

Item 3.  Defaults On Senior Securities

Item 4.  Submission of Items to a Vote

Item 5.  Other Information

Item 6
(a)      Exhibits
(b)      Reports on Form 8K

SIGNATURES

FINANCIAL DATA SCHEDULE














                          CELTRON INTERNATIONAL, INC.
                         (A Development Stage Company)
                                 Balance Sheets
                 As of December 31, 2001 and September 30, 2002

ASSETS                                             December   September
                                                   31, 2001   30, 2002
                                                             (Unaudited)
                                                  --------   -----------
     Current Assets:

      Cash                                              -            179
      Inventory                                         -        123,822
      Accounts receivable                               -         44,693
      Loans receivable                                  -        122,996
                                                  --------   -----------
     Total Current Assets                                        295,377

     Other Assets

      Fixed Assets                                      -        417,192
      Distribution rights                                         64,251
                                                  --------   -----------
Total Other assets                                      -        481,443
                                                  --------   -----------
TOTAL ASSETS                                      $     -    $   712,570
                                                  ========   ===========
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities:

    Accounts payable                              $      -   $   319,800
    Bank overdraft                                       -         1,635
                                                   --------    ---------

    Total Current Liabilities                     $      -   $   321,435
Other Liabilities:
    Loan to shareholder                                  -        18,201
    Loans payable                                        -       696,496
                                                   ---------   ---------
                                                                 714,697
Stockholders' Equity (Deficit)
  Common stocks , $.001 par value
    Authorized shares; 25,000,000
    Issued and outstanding
      shares; 2,974,200 at Dec. 31, 2001
    and 16,269,200 at September 30, 2002            16,126        16,269
    Paid in capital                                  2,974             0

    Deficit accumulated during
     the development stage                         (19,100)    ( 323,562)
                                                  --------   -----------
      Total Stockholders' Equity (Deficit)               -      (323,562)
                                                  --------   -----------
<PAGE>
TOTAL LIABILITIES AND STOCKHOLDERS'
  EQUITY (DEFICIT)                                 $     -   $   712,570
                                                  ========   ===========



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




                          CELTRON INTERNATIONAL, INC.
                         (A Development Stage Company)
                            Statements of Operations
               For the periods ended September 30, 2002 and 2001
                                  (unaudited)

                                     September 30,       September 30,

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

Revenue                             $      -       $146,218
                                    ---------     ---------
      Cost of sales                        -         78,869
                                    ---------     ---------
      Gross profit                         -         67,349
                                    ---------     ---------
Expenses
    General and Administrative             -        186,368
    Finance costs                          -          1,083
                                    ---------     ---------
      Total Expenses                       -        187,451
                                    ---------     ---------
Net loss                            $      -      $(120,102)
                                    =========     =========

Basic Loss Per Share                $      -      $ (.007)
                                    =========     =========




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










<PAGE>

                          CELTRON INTERNATIONAL, INC.
                         (A Development Stage Company)
                       Statements of Stockholders' Equity
                  For the six months ended September 30, 2002


                                                               Deficit
                       Number                                  Accumulated
                         of         Common          Paid       During
                       Shares       Stock           in         Development
                     Outstanding    at Par Value    Capital    Stage
                     -----------    ------------    -------    ------------

Balance at Dec. 31,
2002                 15,134,200       $ 15,134   $    2,974      $( 18,424)
                     ----------        -------      -------        --------
Stocks issued
for services          1,135,000       $  1,135   $        0

Net loss                                                          (305,138)
                     ----------        -------     --------        -------
Balance at September
30, 2002             16,269,200       $ 16,269   $        0       (323,562)
                     ===========    =========== ===========    ============





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



                           CELTRON INTERNATIONAL, INC.
                         (A Development Stage Company)
                         Notes to Financial Statements
                           September 30, 2001 and 2002
                                  (Unaudited)

NOTE 1   NATURE OF BUSINESS

CELTRON INTERNATIONAL, INC. (the Company) was incorporated under the laws of
the state of Nevada on April 8, 1998. The purpose for which the Corporation is
organized is to engage in any lawful act or activity for which a corporation
may be organized under the General Corporation Law of the State of Nevada,
including, without limitation, to engage in the business of marketing the
concept of a fast food restaurant European style.

NOTE 2   SIGNIFICANT ACCOUNTING POLICIES

Basis   The Company uses the accrual method of accounting.

Cash and cash equivalents   The Company considers all short term, highly
liquid
investments that are readily convertible within three months to known amounts
<PAGE>
as cash equivalents. Currently, it has no cash equivalents.

Loss per share   Net loss per share is provided in accordance with Statement
of
Financial Accounting Standards No. 128 "Earnings Per Share."  Basic loss per
share reflects the amount of losses for the period available to each share of
common stock outstanding during the reporting period, while giving effect to
all dilutive potential common shares that were outstanding during the period,
such as stock options and convertible securities.  Fully Diluted Earnings Per
Shares will be shown on stock options and other convertible issues that may be
exercised within ten years of the financial statement dates. As of December
31,
2001, the Company had no issuable shares qualified as dilutive to be included
in the earnings per share calculations.

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 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.

Fiscal Year End   The Company has adopted December 31 as its fiscal year end.


NOTE 3   INCOME TAXES

The Company has adopted the provision of SFAS No. 109 "Accounting for Income
Taxes."  It requires recognition of deferred tax liabilities and assets for
the
expected future tax consequences.  Under this method, deferred tax liabilities
and assets are determined based on the differences between the financial
statement and tax basis of assets and liabilities using enacted tax rates in
effect for the year in which the differences are expected to reverse.

CELTRON INTERNATIONAL, INC. has incurred losses that can be carried forward to
offset future earnings if conditions of the Internal Revenue codes are met.

The Company's total deferred tax assets as of December 31, 2001
is as follows:

  Net operating loss carry-forward        $ 19,100
  Valuation allowance                      (19,100)
                                            ------
                                          $      -
                                            ======

The difference between the income tax benefit in the accompanying statements
of
operations and the amount that would result if the a federal statutory rate of
34% were applied to pretax loss is as follows for the year ended December 31,
2001:

  Income tax benefit at statutory rate    $ 6,494
  Valuation allowance                      (6,494)
                                            -----
                                          $     -
                                            =====
<PAGE>

The net operating losses carry forward of $19,100 for federal tax purposes
will
expire in year 2021.

NOTE 4   GOING CONCERN

The Company has nominal assets and no current operations with which to create
operating capital.  It has an accumulated deficit of $19,100 at December 31,
2001. These factors raise substantial doubt about the company's ability to
continue as a going concern.  The company seeks to raise operating capital
through private placements of its common stock.  However, there can be no
assurance that such offering or negotiations will be successful.

PART I. FINANCIAL INFORMATION

ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

                              Results of Operations

Since inception, we have only generated revenues in our first quarter of
operations following the closing of the acquisition of the assets of Celtron
International, Inc. We have financed our operations primarily through the sale
of our common stock or by loans from shareholders. The net loss for the period
ending September 30, 2002 was $113,839, compared to a net loss of $0 for the
same period of 2001.  The difference is insignificant, and a comparison of the
two periods is not meaningful, due to the fact that we had minimal operations
and nominal expenses in the same period of 2001.


                         Liquidity and Capital Resources

As of September 30, 2001, we had $0 cash on hand and total current liabilities
of $0.  We believe that our current cash needs for at least the next twelve
months can be met by our operations and loans from our directors, officers and
shareholders. Due to our lack of cash and current liabilities since inception,
management believes a comparison of the period ended March 31, 2001 and
September 30, 2002 would not be meaningful.


PART II. OTHER INFORMATION

Item 1.  Legal proceedings

The Company is involved in an Interpleader lawsuit brought against he
Company and Adnan Khalil and Shanin Azarmehr, in the Third Judicial District
Court for Salt Lake County in the state of Utah, Case No. 000903425.  The
lawsuit concerns the company's refusal to allow Mr. Khalil to transfer his
stock, as he has not paid for the same, by failing to provide an agreed upon
inventory of equipment to the company. A default has been entered against Mr.
Kahlil, and the Company expects a default judgment to be entered shortly.

Item 2.  Changes in securities and use of proceeds            NONE

Item 3.  Defaults on senior securities                        NONE

<PAGE>
Item 4.  Submission of items to a vote                        NONE

Item 5.  Other information                                    NONE

Item 6.

 a)      Exhibits                                             NONE
 b)      Reports on 8K                                        September 2001


                                    SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of
1934,
the registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                        CELTRON INTERNATIONAL, INC.


   Dated: November 12, 2002               By:  Allen Harington
                                        ---------------------------
                                          Allen Harington President


   Dated: November 12, 2002               By:  Amanda Harington
                                        -------------------------------------
                                           Amanda Harington,
                                           Chief Financial Officer


                                  CERTIFICATION

We hereby certify that the foregoing report fully complies with the
requirements of Sections 13(a) and 15(d) of the Exchange Act and the
information contained in this report fairly represents, in all material
respects, the financial condition and results of operations of the company.

Dated: November 12, 2002               By:  Allen Harington
                                        ---------------------------
                                          Allen Harington President


Dated: November 12, 2002              By:   Amanda Harington
                                        -------------------------------------
                                          Amanda Harington,
                                          Chief Financial Officer