WASHINGTON, D.C. 20549

                                   FORM 10-QSB

(Mark One)

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

                For the quarterly period ended December 31, 2003

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

        For the transition period from _______________ to _______________




                               Pacific Sands, Inc.
                         -------------------------------
        (Exact name of small business issuer as specified in its charter)


            Nevada                                              88-0322882
            ------                                              ----------
   State or other jurisdiction                                (IRS Employer
of incorporation or organization)                          Identification No.)


                    (Address of principal executive offices)

                                 (559) 325-7023
                           ---------------------------
                           (Issuer's telephone number)


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

     Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act of 1934 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 December 31, 2003, the Company had 27,798,873 shares of its $.001 par
value common stock issued and outstanding.



Transitional Small Business Disclosure Format (check one):

                                           Yes    X             No    X
                                               -------             -------

<PAGE>



      PART I      FINANCIAL INFORMATION

         Item 1.  Financial Statements

                  Condensed Balance Sheet at December 31, 2003 (unaudited)

                  Condensed Statements of Operations for the Six Months Ended
                  December 31, 2003 and 2002 (unaudited)

                  CondensedStatements  of Cash Flows for the Six Months
                  Ended December 31, 2003 and 2002 (unaudited)

                  Notes to Condensed Financial Statements (unaudited)

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

       PART II    OTHER INFORMATION

         Item 1.  Legal Proceedings

         Item 2.  Changes in Securities

         Item 3.  Defaults Upon Senior Securities

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

         Item 5.  Other Information

         Item 6.  Exhibits and Reports on Form 8-K

         Signatures



<PAGE>

                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                              FINANCIAL STATEMENTS
                   FOR THE SIX MONTHS ENDING DECEMBER 31, 2003



                                TABLE OF CONTENTS



         Independent Auditors' Report............................1


         FINANCIAL STATEMENTS

         Balance Sheet...........................................2

         Statement of Stockholders' Equity.......................3

         Statement of Operations.................................4

         Statement of Cash Flows.................................5

         Notes to Financial Statements........................6-10





<PAGE>



                          ALEX D. DOMANTAY & ASSOCIATES
                          CERTIFIED PUBLIC ACCOUNTANTS
--------------------------------------------------------------------------------






                          INDEPENDENT AUDITORS' REPORT


Board of Directors
Pacific Sands, Inc.
Clovis, CA 93711


We have reviewed the  accompanying  balance sheets of Pacific Sands,  Inc. as of
December 31, 2003 and 2002,  and the related  statements  of income and retained
earnings,  and cash flows for the years then ended, in accordance with standards
established  by the  American  Institute of Certified  Public  Accountants.  All
information  included in these  financial  statements is the  representation  of
Pacific Sands, Inc.

A review consists  principally of inquiries of Company  personnel and analytical
procedures  applied to financial data. It is substantially less in scope than an
examination  in accordance  with  generally  accepted  auditing  standards,  the
objective  of which is the  expression  of an opinion  regarding  the  financial
statements taken as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements  in order  for them to be in
conformity with generally accepted accounting principles.


                                               /s/ ALEX D. DOMANTAY & ASSOCIATES

Los Angeles, California
February 13, 2004



<PAGE>
                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                                  BALANCE SHEET
               FOR THE SIX MONTHS ENDED DECEMBER 31, 2003 AND 2002



                                         December 31, 2003   December 31, 2002

ASSETS
------

Current Assets

     Cash                                      $     1,676         $     9,611
     Accounts receivable                           121,497             179,780
     Inventory                                     150,000             152,867
     Prepaid insurance                               2,166                --
                                               -----------         -----------
         Total Current Assets                      275,339             342,258

Property and Equipment - net                         1,492               3,332

Distribution Rights                                   --                40,000
                                               -----------         -----------

Total Assets                                   $   276,831         $   385,590
                                               ===========         ===========

 LIABILITIES & STOCKHOLDERS' EQUITY
 ----------------------------------

Current Liabilities

     Accounts payable                          $    54,416         $    61,275
                                                                        54,416
     Other liabilities                             336,177             230,186
     Notes payable                                  20,000              15,000
                                               -----------         -----------

         Total Current Liabilities                 410,593             306,461
                                               -----------         -----------

Commitments and Contingencies                         --                   --


 Stockholders' Equity

     Common stock                                   27,799              28,699

     Additional paid-in capital                  2,326,803           2,360,903

     Treasury stock, at cost                        (5,514)             (5,514)

     Deficit                                    (2,482,850)         (2,304,959)
                                               -----------         -----------


                                                  (133,762)             79,129
                                               -----------         -----------


Total Liabilities and Stockholders' Equity     $   276,831         $   385,590
                                               ===========         ===========


  The accompanying Notes to Financial Statements are an integral part of these
                                  statements.




<PAGE>

                              PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                             STATEMENT OF OPERATIONS
               FOR THE SIX MONTHS ENDED DECEMBER 31, 2003 AND 2002



                                          December 31,2003     December 31, 2002

Net Sales                                     $     25,029         $     33,055

Cost of sales                                        7,482               13,222
                                              -------------         ------------
         Gross Profit                               17,547               19,833

Selling, General, and Administrative Expenses       68,082              238,411
                                              -------------         ------------
         Loss from Operations                      (50,535)            (218,578)

Other Income                                          --                   --

Interest Expenses                                     --                   --
                                              -------------         ------------

         Net Loss                             $    (50,535)        $   (218,578)
                                              ============         ============


Basic and Diluted Net Loss Per Share          $      (0.00)        $      (0.01)
                                              ============         ============

Basic and Diluted Weighted Average Shares       27,798,873           26,931,373
                                              ============         ============


  The accompanying Notes to Financial Statements are an integral part of these
                                  statements.






<PAGE>
<TABLE>
<CAPTION>
                                                Common        Additional    Treasury       Treasury                      Retained
                          Number of  Cost Per    Stock          Paid In      Stocks         Stocks      Stockholders'    Earning/
                           Shares     Share   At Par Value      Capital      Shares         Amount          Equity      (Deficit)
                         ----------  -------- ------------   ------------   --------     -----------    -------------- -----------
<S>                     <C>          <C>      <C>             <C>          <C>           <C>            <C>           <C>
Balance - June 30, 2003  28,798,873     --    $    28,799     $ 2,365,803     (9,000)    $    (5,514)    $   (43,227) $(2,432,315)

Cancellation of          (1,000,000)                 --            (1,000)   (39,000)           --           (40,000)        --
   Distribution Rights

Net loss                       --       --           --              --         --              --           (50,535)     (50,535)

Balance - Dec. 31, 2003  27,798,873     --    $    27,799     $ 2,326,803     (9,000)    $    (5,514)    $  (133,762  $(2,482,850)

</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                     PACIFIC SANDS, INC.
                               DBA NATURAL WATER TECHNOLOGIES
                                   STATEMENT OF CASH FLOWS
                     FOR THE SIX MONTHS ENDED DECEMBER 31, 2003 AND 2002

                                                                  December 31,   December 31,
                                                                      2003          2002
                                                                  ----------      ---------
<S>                                                               <C>            <C>
Cash Flows From Operating Activities
      Net loss for the year                                        $ (50,535)    $(218,578)
                                                                  ----------      ---------
      Adjustments to reconcile net loss to net cash provided by
        operating activities
            Depreciation                                                 920           920
            Common shares issued for services, properties, etc       (40,000)      372,500
            Embedded interest expense                                   --            --
            Changes in asset and liabilities
                    Accounts receivable                                4,579           941
                    Inventories                                        2,944         6,978
                    Prepaid insurance                                   (744)
                    Other assets                                      40,000       (40,000)
                    Accounts payable                                 (68,863)       14,109

                    Notes payable                                       --          15,000
                    Other current liabilities                        108,649        (1,148)
                                                                  ----------      ---------
                                                                      47,520       369,300

      Net Cash Flows Used By Operating Activities                     (3,015)      150,722

Cash Flows Used In Investing Activities
      Purchases of property and equipment                               --        (150,000)

Cash Flows From Financing Activities
      Issuance of common stocks                                         --            --
                                                                  ----------      ---------
Net Increase (Decrease) in Cash                                       (3,015)          722
Cash - Beginning of the Year                                           4,691         8,889
                                                                  ----------      ---------
Cash - End of the Year                                             $   1,676     $   9,611
                                                                  ==========     ==========
Supplemental Disclosure of Cash Flow Information

      Cash paid for:
            Interest                                               $    --       $    --
                                                                  ==========     ==========
            Income taxes                                           $    --       $     800
                                                                  ==========     ==========

      Non-cash Investing and Financing Activities
            Stock issued for services                              $    --       $ 375,000
                                                                  ==========     ==========
            Debenture discount deducted as interest                $    --       $    --
                                                                  ==========     ==========

</TABLE>


<PAGE>



                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2003


NOTE 1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Organization and Nature of Operations

     Pacific Sands, Inc. doing business as Natural Water Technologies (the
     "Company") was incorporated in Nevada on July 7, 1994 with an original
     authorized capital stock of 25,000 shares of $0.001 par value which was
     increased to 20,000,000 shares in 1997 with the same par value. On May 6,
     2002, the capital stock was increased to 50,000,000 shares.

     The Company manufactures and distributes a nontoxic product formulation
     that eliminates itching, rashes, and scum lines from spa water.
     Additionally, in June 2000, the Company introduced an industrial wastewater
     cleaning system which is designed to lower Biological Oxygen Demand (BOD)
     output.

     Inventory

     Inventory is stated at the lower of cost or market value determined using
     the first-in, first-out (FIFO) method.

     Property and Equipment

     Property and equipment are stated at cost. Depreciation is computed over
     the estimated useful lives of three to five years using the straight-line
     method.

     Revenue Recognition

     Revenue from sales to distributors and resellers is recognized when the
     related products are shipped. Products shipped to distributors and
     resellers where significant obligations exist and/or collection is not
     probable are recorded as deferred revenue.

     Advertising and Promotional Costs

     Advertising and promotion costs are expensed as incurred. During the two
     quarter period ending in December 2003 and 2002, advertising and promotion
     costs totaled $200 and $1,127 respectively.




<PAGE>



                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2003


NOTE 1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

     Income Taxes

     The Company accounts for income taxes under Statement of Financial
     Accounting Standards (SFAS) 109. Under the asset and liability method of
     SFAS 109, deferred income taxes are recognized for the tax consequences of
     temporary differences by applying enacted statutory rates applicable to
     future years to the difference between the financial statement carrying
     amounts and the tax bases of existing assets and liabilities.

     Basic and Diluted Net Loss Per Share

     Net loss per share is calculated in accordance with Statement of Financial
     Accounting Standards 128, Earnings Per Share ("SFAS 128"). Basic net loss
     per share is based upon the weighted average number of common shares
     outstanding. Diluted net loss per share is based on the assumption that all
     dilutive convertible shares and stock options were converted or exercised.
     Dilution is computed by applying the treasury stock method. Under this
     method, options and warrants are assumed to be exercised at the beginning
     of the period (or at the time of issuance, if later), and as if funds
     obtained thereby were used to purchase common stock at the average market
     price during the period.

     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 2. INVENTORY


                                         December 31,           December 31,
                                             2003                   2002
                                         -----------           ------------


    Raw materials and supplies           $       -             $      2,867
                                         -----------           ------------

    Technical books for re-sale              150,000                150,000
                                         -----------           ------------
                                         $   150,000           $    152,867
                                         ===========           ============




<PAGE>

                               PACIFIC SANDS, INC.

                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2003


NOTE 3. PROPERTY AND EQUIPMENT

                                             December 31,    December 31,
                                                 2003           2002

          Office equipment                     $15,024         $15,024
                                               -------         -------

          Accumulated depreciation              13,532          11,692
                                               -------         -------

                                               $ 1,492         $ 3,332
                                               =======         =======

NOTE 4. COMMON STOCK

     The 1,000,0000 shares of stock issued for distribution rights last
     September 25, 2002 to Waypoint Holdings Limited was cancelled last August
     07, 2003.


NOTE 5. BASIC AND DILUTED LOSS PER SHARE

     The following table illustrates the reconciliation of the numerators and
     denominators of the basic loss per share computations. The Company has no
     potentially dilutive securities, options, warrants or other rights
     outstanding.

                                                    Period Ended December 31
                                                      2003             2002
          Basic and diluted loss per share:
          Numerator:
          Net loss                                $    (50,535)    $   (218,578)
                                                  ------------     -------------

          Denominator:

          Basic and diluted weighted average
          number of common shares outstanding
          during the period                       $ 27,798,873     $ 26,931,373
                                                  ------------     -------------

          Basic and diluted loss per share:       $      (0.00)    $      (0.01)
                                                  ============     ============



<PAGE>


                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2003



NOTE 6. INCOME TAXES

     The Company recognizes deferred tax assets and liabilities for temporary
     differences between the financial reporting and tax bases of its assets and
     liabilities. Deferred assets are reduced by a valuation allowance when
     deemed appropriate.

     At December 31, 2003, the Company has a net operating loss carry forward
     for federal tax purposes of $2,482,850. The Company recorded no benefit for
     income taxes during the periods presented. The deferred tax benefit allowed
     at December 31, 2003 was approximately $844,000 using a tax rate of 34%.


NOTE 7. RELATED PARTY TRANSACTIONS

     Stanley R. Paulus, President, serves under a two-year employment contract
     renewed effective August 28, 2000 at compensation of $6,000 per month. The
     agreement provides for automatic two year renewals with any changes in
     terms or compensation to be negotiated 90 days before the contract ends. In
     addition, the agreement provides for incentive compensation based on debts
     and equity financing arranged by Mr. Paulus and such compensation may be
     paid in common stock options at $0.01 per share.

     Rita M. Paulus, Treasurer, serves under a two year employment contract
     renewed effective August 28, 2000 at compensation of $1,500 per month. The
     agreement provides for automatic renewals with any changes in terms or
     compensation to be negotiated 90 days before the contract ends.


NOTE 8. GOING CONCERN

     The accompanying financial statements have been presented assuming that the
     Company will continue as a going concern. This basis of accounting
     contemplates the recovery of the Company's assets and the satisfaction of
     its liabilities in the normal course of business. Through December 31,
     2003, the Company had incurred cumulative losses of $2,482,850. The
     Company's successful transition to attaining profitable operations is
     dependent upon obtaining financing adequate to fulfill its development,
     marketing, and sales activities, and



<PAGE>


                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2003



NOTE 8. GOING CONCERN (Continued)

     achieving a level of revenues adequate to support the Company's cost
     structure. Management's plan of operations anticipates that the cash
     requirements of the Company for the next twelve months will be met by
     obtaining capital contributions through the sale of common stock and sales
     from operation. However, there is no assurance that the Company will be
     able to implement its plan and that the remaining authorized unissued
     stocks might not be sold on time to generate the funds needed to be on a
     going concern basis.


NOTE 9. CONTINGENCIES

     The Company is involved in a lawsuit from a supplier for withholding a
     payment. This matter concerns a remaining balance due to the supplier in
     the amount of $13,678 representing approximately 25% of the total to be
     paid due to what the Company believe are deficiencies in the work performed
     by the supplier. The parties entered a settlement agreement, wherein the
     supplier would do the needed repairs to their work and at such time as
     repairs are completed the Company agrees to make payments. Should the
     agreed settlement be unsuccessful, the parties have agreed to use
     arbitration to settle any further disagreements. To date, no movement was
     made on this matter and management feel that the supplier abandoned the
     idea entirely.

     No provision was made with regard to the legal case.

     Accounts receivable from a major customer in the amount of $235,718
     invoiced on October 25, 2001 and January 17, 2002 is being contested for
     compliance requirements. Management believes the collectibility of this
     account although it has been past due for over a year. The customer
     maintain that the equipment doesn't worked and indicated to return such
     equipment. However, management feel that this is a special equipment
     ordered, that it was made in accordance with the customer's specifications,
     and that minor work is left to be done to meet the customer's requirement.
     Accordingly, management feel that the invoice was in order and collectible.
     An allowance for bad debts of $117,859 which is equivalent to 50% of the
     total invoice was provided todate.



<PAGE>




                            PART II OTHER INFORMATION

      Item 1.     Legal Proceedings

                  There are no legal proceedings against the Company and the
                  Company is unaware of proceedings contemplated against it.

      Item 2.     Changes in Securities

                  None

      Item 3.     Defaults Upon Senior Securities

                  None.

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

                  No matters were submitted to the security holders for a vote.

      Item 5.     Other Information

                  There is no other information deemed material by management
                  for disclosure herein.

      Item 6.     Exhibits and Reports on Form 8-K



                  Reports on Form 8-K

                  Inapplicable



                                   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.

                                                   PACIFIC SANDS, INC.

                                                    By:  /s/ Stan Paulus
                                                         ---------------
                                                         Stan Paulus
                                                         Chief Executive Officer
      Dated: February 18, 2004