UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                 FORM 10-QSB

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

        For  the  Quarter  ended  October 31, 2001

[   ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

        For the transition period                   to
                                  -----------------   -----------------

                        Commission file number 000-29313

                          ASPHALT PAVING INTERNATIONAL, INC.
            (Exact name of Small Business Company in its charter)


               FLORIDA                                           59-3556733
    (State or other jurisdiction of                            (IRS Employer
    incorporation  or  organization)                        Identification No.)


10125 W. Colonial Dr, Suite 212. Ocoee, FL                         34761
 (Address of principal executive offices)                       (Zip Code)

               Registrant's Telephone number, including area code:
                                 (727) 592-0146

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 and Exchange Act of 1934
during the preceding twelve months (or such shorter period that the Registrant
was required to file such reports), and (2) has been subject to file such filing
requirements for the past thirty days.

Yes      x              No
      -------                --------

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the close of the period covered by this report:

             4,238,600 Shares of Common Stock ($.001 par value)
                               (Title of Class)

Transitional  Small  Business  Disclosure  Format  (check  one):
Yes                          No    x
      ---------                   --------



<PAGE>


                   ASPHALT PAVING INTERNATIONAL, INC.



PART  I:          Financial  Information

     ITEM  1  -   Financial  statements

     ITEM  2  -   Management's' discussion and analysis of
                  financial condition and results of operations


PART  II:         Other  Information






                                       2

<PAGE>
                                    PART I

Item  1.  Financial  Statements:



                       Asphalt Paving International, Inc.
                          (A Development Stage Company)
                                  Balance Sheet
                                   (Unaudited)

<TABLE>
<CAPTION>
                                     ASSETS
                                     ------
                                                                 October 31,
                                                                    2001
                                                                  --------
<S>                                                                <C>
Current assets:

 Cash                                                             $    160
                                                                  --------
      Total current assets                                             160
                                                                  --------

Total assets                                                      $    160
                                                                  ========

                              STOCKHOLDERS' EQUITY
                              --------------------
Current liabilities:

 Accounts payable                                                 $  1,250
 Due to affiliate                                                    6,024
                                                                  --------
      Total current liabilities                                      7,274
                                                                  --------


Stockholders' equity:
 Common stock, $.001 par value,
  50,000,000 shares authorized, 4,238,600 shares
  issued and outstanding                                             4,239
 Additional paid in capital                                         27,821
 (Deficit) accumulated during
  development stage                                                (39,174)
                                                                  --------
                                                                    (7,114)
                                                                  $    160
                                                                  ========
</TABLE>



                 See accompanying notes to financial statements.

                                       3
<PAGE>

                       Asphalt Paving International, Inc.
                          (A Development Stage Company)
                            Statements of Operations
                  Three Months Ended October 31, 2001 and 2000
        and Period From Inception (January 14, 1998) to October 31, 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                             Period From
                                                           Three Months Ended                Inception To
                                                    October 31,          October 31,         October 31,
                                                       2001                 2000                 2001
                                                    -----------          -----------          -----------
<S>                                                <C>                  <C>                  <C>
 Operating expenses:
   Office expenses and salary contributed
    by corporate officer                           $       150          $       150          $     7,500
   Professional fees                                     1,250                1,000                6,700
   Consulting fees                                          --                   --               16,541
   Organization expenses                                    --                   --                4,000
   Bank charges                                             --                   --                4,433
                                                   -----------          -----------          -----------
                                                         1,400                1,150               39,174
                                                   -----------          -----------          -----------

(Loss) from operations and net (loss)              $    (1,400)         $    (1,150)         $   (39,174)
                                                   ===========          ===========          ===========


Per share information:
 Basic and diluted (loss) per common share         $        --          $        --          $     (0.01)
                                                   ===========          ===========          ===========

 Weighted average shares outstanding                 4,238,600            4,238,600            4,190,828
                                                   ===========          ===========          ===========


</TABLE>



 See accompanying notes to financial statements.

                                       4

<PAGE>

                       Asphalt Paving International, Inc.
                          (A Development Stage Company)
                            Statements of Cash Flows
                  Three Months Ended October 31, 2001 and 2000
        and Period From Inception (January 14, 1998) to October 31, 2001
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                       Period From
                                                          Three Months Ended           Inception To
                                                    October 31,       October 31,       October 31,
                                                       2001              2000              2001
                                                     --------          --------          --------
<S>                                                  <C>               <C>               <C>
Net income (loss)                                    $ (1,400)         $ (1,150)         $(39,174)
  Adjustments to reconcile net income to net
   cash provided by operating activities:
   Services provided as capital contribution               --             1,150             8,200
   Increase (decrease) in due to affiliate                150             6,024
   Increase (decrease) in accounts payable              1,250                --             1,250
                                                     --------          --------          --------
  Total adjustments                                     1,400             1,150            15,474
                                                     --------          --------          --------
  Net cash provided by (used in)
   operating activities                                    --                --           (23,700)

Cash provided by financing activities:
  Sale of common stock for cash                            --                --            23,860
                                                     --------          --------          --------
Net cash provided by financing activities                  --                --            23,860
                                                     --------          --------          --------

Increase (decrease) in cash                                --                --               160
Cash and cash equivalents,
 beginning of period                                      160            23,548                --
                                                     --------          --------          --------
Cash and cash equivalents,
 end of period                                       $    160          $ 23,548          $    160
                                                     ========          ========          ========
</TABLE>




                 See accompanying notes to financial statements.

                                       5

<PAGE>


Asphalt Paving International, Inc.
Notes to Financial Statements

Basis of presentation

The accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting principles for interim financial information
and with the instructions incorporated in Regulation 10-SB of the Securities and
Exchange Commission. Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements. In the opinion of management, all adjustments (consisting
of normal recurring adjustments and accruals) considered necessary for a fair
presentation have been included.

The results of operations for the periods presented are not necessarily
indicative of the results to be expected for the full year. The accompanying
financial statements should be read in conjunction with the Company's financial
statements for the year ended July 31, 2001.

Basic loss per share was computed using the weighted average number of common
shares outstanding.

During the three months ended October 31, 2001, an officer of the Company
contributed an aggregate of $150 to the Company for management services. This
amount has been accounted for as an advance from an affiliate. The balance due
to the affiliate at October 31, 2001 amounted to $6,024.

                                       6



<PAGE>

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

(a) Plan of Operation. Asphalt Paving International, Inc. (the "Company") was
organized under the laws of the State of Florida to engage in any lawful
business. The Company was formed for the purpose of design and manufacture of
asphalt related equipment. The Company also plans to compete in the asphalt
paving business and may seek the acquisition of a paving and construction
company. Management of the Company has unlimited discretion in determining the
business activities in which the Company will become engaged. There is and can
be no assurance that the Company will be able complete the acquisition of a
subsidiary company in the paving business and no such acquisition candidate has
been identified by the Company.

The Company has generated no revenues from its operations and has been a
development stage company since inception. Since the Company has not generated
revenues and has never been in a profitable position, it operates with minimal
overhead.

During the period of this report, the Company has not engaged in any preliminary
efforts intended to identify any possible acquisitions nor entered into a letter
of intent concerning any business opportunity.

(b)       Liquidity and Capital Resources. At October 31, 2001, the Company had
          no material cash or other assets with which to conduct operations.
          There can be no assurance that the Company will be able to complete
          its business plan and to exploit fully any business opportunity that
          management may be able to locate on behalf of the Company. Due to the
          lack of a specified business opportunity, the Company is unable to
          predict the period for which it can conduct operations. Accordingly,
          the Company will need to seek additional financing through loans, the
          sale and issuance of additional debt and/or equity securities, or
          other financing arrangements. Management of the Company has advised
          that they will pay certain costs and expenses of the Company from
          their personal funds as interest free loans in order to facilitate
          development of the Company's business plan. Management believes that
          the Company has inadequate working capital to pursue any operations at
          this time; however, loans to the Company from management may
          facilitate development of the business plan. For the foreseeable
          future, the Company through its management intends to pursue
          acquisitions as a means to develop the Company. The Company does not
          intend to pay dividends in the foreseeable future. As of the end of
          the reporting period, the Company had no material change in
         cash or cash  equivalents.  There was no significant change in working
         capital during this quarter.

                                        7
<PAGE>


PART II--OTHER INFORMATION

Item 1. Legal Proceedings.
--------------------------

     There are no pending legal proceedings, and the Company is not aware of any
threatened legal proceedings, to which the Company is a party or to which its
property is subject.

Item 2. Changes in Securities.
------------------------------

     (a) There have been no material modifications in any of the instruments
defining the rights of the holders of any of the Company's registered
securities.

     (b) None of the rights evidenced by any class of the Company's registered
securities have been materially limited or qualified by the issuance or
modification of any other class of the Company's securities.

Item 3. Defaults Upon Senior Securities.
----------------------------------------

     (Not applicable)

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

     (Not applicable)

Item 5. Other Information.
--------------------------

     (Not applicable)

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

     (a) Exhibits

     No exhibits as set forth in Regulation SB, are considered necessary for
this filing.

     (b) Reports on Form 8-K

     No reports on Form 8-K were filed during the quarter for which this report
is filed.


                                       8
<PAGE>


                                   Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
Undersigned thereunto duly authorized.




Date:  November 21, 2001                             /s/  Joseph Camillo
                                                     ---------------------------
                                                     Joseph Camillo,  Secretary












                                       9