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 March 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 March 31, 2002, the Company had 28,698,873 shares of its $.001 par value
common stock issued and outstanding.



Transitional Small Business Disclosure Format (check one):

                                                                   Yes No X
<PAGE>


      PART I FINANCIAL INFORMATION

                  Item 1. Financial Statements

                   Condensed Balance Sheet at March 31, 2003 (unaudited)

                   Condensed Statements of Operations for the Quarter Ended
                            March 31, 2003 and 2002 (unaudited)

                   Condensed Statements of Cash Flows for the Quarter Ended
                            March 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 NINE MONTHS ENDING MARCH 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>











<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
March 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.




Los Angeles, California
May 6, 2003













                                      - 1 -

             2750 Medlow Avenue, Los Angeles, California 90065-4619
   Tel. No. (323) 982-9062 o email: addacpas@aol.com o Fax No. (323) 982-9036
                                ----------------



<PAGE>


                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                                  BALANCE SHEET
                FOR THE NINE MONTHS ENDED MARCH 31, 2003 AND 2002



                                           March 31, 2003      March 31, 2002
                                           --------------      ---------------
ASSETS
------

Current Assets

     Cash                                    $    2,010          $      971
     Accounts receivable                        177,869             176,697
     Inventory                                  158,614               1,268
     Other current assets                          --                   365
                                             ----------          ----------
         Total Current Assets                   338,493             179,301

Property and Equipment - net                      2,872               4,713

Distribution Rights                              40,000                --
                                             ----------          ----------
Total Assets                                 $  381,365          $  184,014
                                             ==========          ==========

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

Current Liabilities

     Accounts payable                        $   66,687          $   49,920
     Other liabilities                          250,961             186,936
     Notes payable                               20,000              52,291
                                             ----------          ----------
         Total Current Liabilities              337,648             289,147

Commitments and Contingencies                      --                  --


 Stockholders' Equity

     Common stock                                28,699              18,834
     Additional paid-in capital               2,360,903           1,979,610
     Treasury stock, at cost                 (    5,514)            (40,189)

     Deficit                                 (2,340,371)         (2,063,388)
                                             ----------          ----------
                                                 43,717            (105,133)
                                             ----------          ----------

Total Liabilities and Stockholders' Equity   $  381,365          $  184,014
                                             ==========          ==========

================================================================================


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



                                      - 2 -
<PAGE>
<TABLE>
<CAPTION>




                                                         PACIFIC SANDS, INC.
                                                   DBA NATURAL WATER TECHNOLOGIES
                                                  STATEMENT OF STOCKHOLDERS' EQUITY
                                                           MARCH 31, 2003


                                                        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, 2002    19,648,873               $  19,649   $ 2,032,128   (320,523)     $(40,189)   $ (74,793)   $(2,086,381)

   For Professional Services   3,950,000       0.04        3,950       164,550        -             -        168,500             -

   For Professional Services           -         -                 (    34,675)   311,523        34,675            -             -

   For Distribution Rights     1,000,000      0.04        1,000         39,000        -             -         40,000             -

   For Technical &
      Environmental Books      3,750,000      0.04        3,750        146,250        -             -        150,000             -

   For Office Expense &
      Supplies                   100,000       0.04          100         3,900        -             -          4,000             -

   For Cash                      250,000      0.04          250          9,750        -             -         10,000             -

   Net loss                            -         -            -              -        -             -      ( 253,990)      (253,990)
                              ----------     ------    ---------    ----------    --------     --------      --------   ------------
   Balance - Mar. 31, 2003    28,698,873               $  28,699    $2,360,903     (9,000)     $(5,514)      $ 43,717   $(2,340,371)
                              ==========               =========    ==========    =======      ========      ========   ============



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


                                                                - 3 -

</TABLE>



<PAGE>

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



                                              March 31, 2003   March 31, 2002
                                              --------------   ---------------

Net Sales                                       $     45,131    $    264,298

Cost of sales                                         11,074          81,141

         Gross Profit                                 34,057         183,157

Selling, General, and Administrative Expenses        288,047         235,872
                                                  ----------      -----------

         Loss from Operations                       (253,990)        (52,715)

Other Income                                            --               711

Interest Expenses                                       --           (26,000)
                                                  ----------      -----------

         Net Loss                               $   (253,990)   $    (78,004)
                                                  ==========      ==========


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

Basic and Diluted Weighted Average Shares         26,931,373      18,264,153
                                                  ==========      ==========



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




                                      - 4 -



<PAGE>
<TABLE>
<CAPTION>

                                    PACIFIC SANDS, INC.
                               DBA NATURAL WATER TECHNOLOGIES
                                  STATEMENT OF CASH FLOWS
                         FOR THE NINE MONTHS ENDING MARCH 31, 2003

                                                            March 31, 2003  March 31, 2002
                                                            --------------  --------------
<S>                                                         <C>             <C>
Cash Flows From Operating Activities
     Net loss for the year                                       $(253,990)   $  28,534
     Adjustments to reconcile net loss to net cash provided by
         operating activities
         Depreciation                                                1,380          460
         Common shares issued for services, properties, etc        362,501         --
         Embedded interest expense                                    --          3,333
         Changes in asset and liabilities
               Accounts receivable                                   2,851      (93,206)
               Inventories                                        (148,768)       6,250
               Other current assets                                (40,000)         187
               Accounts payable                                     19,521        1,758
               Notes payable                                        20,000         --
               Other current liabilities                            19,626       31,383
                                                                 ---------    ---------
                                                                   237,111      (49,835)
                                                                 ---------    ---------

     Net Cash Flows Used By Operating Activities                   (16,879)     (21,301)

Cash Flows Used In Investing Activities
     Purchases of property and equipment                              --           --

Cash Flows From Financing Activities
     Issuance of common stocks                                      10,000       10,000
                                                                 ---------    ---------
Net Increase (Decrease) in Cash                                     (6,879)     (11,301)

Cash - Beginning of the Year                                         8,889       12,272
                                                                 ---------    ---------
Cash - End of the Year                                           $   2,010    $     971
                                                                 =========    =========
Supplemental Disclosure of Cash Flow Information

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

     Non-cash Investing and Financing Activities
         Stock issued for services                               $ 362,501    $    --
                                                                 =========    =========
         Debenture discount deducted as interest                 $    --      $    --
                                                                 =========    =========

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

</TABLE>



                                      - 5 -


<PAGE>

                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                 MARCH 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 1977 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 three
     quarter  period  ending in March 2003 and 2002,  advertising  and promotion
     costs totaled $11,127 and $1,295 respectively.




                                      - 6 -



<PAGE>

                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                 MARCH 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


                                            March 31, 2003       March 31, 2002

           Raw materials and supplies            $    8,614         $    1,268

           Technical books for re-sale              150,000                  -
                                               ------------         -----------

                                                $   158,614         $    1,268
                                               ============         ==========




                                      - 7 -


<PAGE>

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


NOTE 3. PROPERTY AND EQUIPMENT

                                        March 31, 2003     March 31, 2002

          Office equipment                   $   15,024                  $
                                                                    15,024

          Accumulated depreciation               12,152             10,311

                                             $    2,872         $    4,713
                                           ============         ==========

NOTE 4. COMMON STOCK

     For the nine months  ending March 31, 2003,  the Company  issued  9,050,000
     shares at the prevailing  market value at four (4(cent))  cents a share for
     needed cash,  services rendered,  distribution  rights, and technical books
     for re-sale.


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 March 31
                                                     2003              2002
 Basic and diluted loss per share:
 Numerator:
 Net loss                                        $(     253,990)  $(    78,004)

 Denominator:

 Basic and diluted weighted average number of
 common shares outstanding during the period      $ 26,931,373     $ 18,264,153
                                                --------------    -------------

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










                                      - 8 -


<PAGE>
                               PACIFIC SANDS, INC.
                         DBA NATURAL WATER TECHNOLOGIES
                          NOTES TO FINANCIAL STATEMENTS
                                 MARCH 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 March 31, 2003,  the Company has a net operating  loss carry forward for
     federal tax  purposes of  $2,340,371.  The Company  recorded no benefit for
     income taxes during the periods presented. The deferred tax benefit allowed
     at March 31, 2003 was approximately $796,000 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 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  March 31,  2003,  the Company had
     incurred  cumulative  losses  of  $2,340,371.   The  Company's   successful
     transition to attaining  profitable  operations is dependent upon obtaining
     financing  adequate  to  fulfill  its  development,  marketing,  and  sales
     activities, and achieving a level of






                                      - 9 -



<PAGE>

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



NOTE 8. GOING CONCERN (Continued)

     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  enough 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.  To date,  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.

     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 120 days.  A provision  for
     bad debts of $63,750 was provided to-date.




                                     - 10 -


<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: May 14, 2002