FORM 10-QSB
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE
ACT OF 1934 For the quarterly period ended: April 30, 1999

Or

[ ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from         to

                         Commission file number: 0-25151

                        FOREST GLADE INTERNATIONAL, INC.
             (Exact name of registrant as specified in its charter)

                       NEVADA                          52-212-549
               (State of incorporation)            (IRS Employer ID No.)

                      444 Victoria Street, Suite 370 Prince
                          George, B.C., CANADA V2L 2J7
               (Address of principal executive offices)(Zip Code)

       Registrant's telephone number, including area code: (250) 564-6868

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

As of June 11,  1999,  the  Registrant  had  17,900,000  shares of Common  Stock
outstanding.

Transitional Small Business Disclosure Format (check one);  Yes     No  X

THE REGISTRANT MEETS THE CONDITIONS SET FORTH IN THE GENERAL INSTRUCTIONS AND IS
THEREFORE FILING THIS FORM WITH THE REDUCED DISCLOSURE FORMAT.


<PAGE>



Part I   Financial Information
Item 1   Financial Statements.

                  Consolidated Interim Balance Sheets -
                    April 30, 1999 and July 31, 1998

                  Consolidated Interim Statements of Operations Three months and
                    Nine months ended January 31, 1999

                  Consolidated  Interim  Statement of Stockholders'  Equity Nine
                    months ended January 31, 1999

                  Consolidated Interim Statement of Cash Flow -
                    Nine months ended January 31, 1999

                  Notes to Consolidated Interim Financial Statements


<PAGE>



                        Forest Glade International, Inc.
                       Consolidated Interim Balance Sheets

<TABLE>
<CAPTION>
                                                                        April 30              July 31
                                                                          1999                 1998
------------------------------------------------------------------------------------------------------
                                                                      (Unaudited)

<S>                                                                   <C>                   <C>
Assets

Current
  Cash                                                                 $  10,285             $  3,016
  Prepaid expenses                                                         5,878                    -
                                                                       -------------------------------
                                                                          16,163                3,016

Deposit                                                                        -               13,228

Property and equipment (Note 3)                                        1,021,941                  231
                                                                       -------------------------------
                                                                      $1,038,104             $ 16,475
======================================================================================================

Liabilities and Stockholders= Equity

Liabilities

Current
  Accounts payable and accrued liabilities                             $  57,626             $ 10,824
  Security deposits                                                        2,042                    -
  Current portion of long-term debt                                       23,181                    -
                                                                       -------------------------------
                                                                          82,849               10,824


Long-term debt                                                           431,012                    -

Due to directors                                                          30,774                    -
                                                                       -------------------------------
                                                                         544,635               10,824
                                                                       -------------------------------

Stockholders' equity
  Capital stock
    Authorized
        200,000,000 common shares, par value $0.001
    Issued
          17,900,000 (July 31, 1998 B 7,700,000) common shares            17,900                7,700
   Additional paid-in capital                                            643,612                1,930
   Accumulated deficit                                                 (191,492)              (3,979)
   Accumulated other comprehensive income B foreign
     currency translation gains                                            23,449                    -
                                                                       -------------------------------
                                                                         493,469                5,651
                                                                       -------------------------------
                                                                      $1,038,104            $  16,475
======================================================================================================
</TABLE>

      See accompanying notes to consolidated interim financial statements.


<PAGE>


                        Forest Glade International, Inc.
                  Consolidated Interim Statements of Operations
                                   (Unaudited)

                                                 April 30             April 30
                                                   1999                 1999
For the periods ended                          (3 Months)           (9 Months)
--------------------------------------------------------------------------------

Revenue
  Rental                                         $ 33,360             $ 54,366

Expenses
  Bank charges                                         59                  896
  Consulting fees                                   6,660               19,692
  Depreciation                                     13,693               22,646
  Office and miscellaneous                          1,316                7,453
  Professional fees                                21,818               70,907
  Property management                               3,698                6,381
  Property taxes and utilities                      5,953                9,661
  Repairs and maintenance                           2,524                4,661
  Travel and promotion                              3,217               12,976
                                                 -------------------------------
                                                   58,938              155,273
                                                 -------------------------------
                                                 (25,578)            (100,907)

Interest on long-term debt                        (7,565)             (13,135)
Loss on termination of trailer park
  acquisition                                          -              (73,471)
                                                 -------------------------------

Loss for the period                             $(33,143)           $(187,513)
================================================================================

Loss per share                                      $0.00                $0.01
================================================================================

Weighted average shares outstanding            17,900,000           13,922,222
================================================================================


      See accompanying notes to consolidated interim financial statements.


<PAGE>


                        Forest Glade International, Inc.
             Consolidated Interim Statement of Stockholder's Equity
                                   (Unaudited)

For the nine-month period ended April 30, 1999

<TABLE>

                                                                                                          Accumulated
                                                                                                          Foreign
                                                                                   Additional             Currency      Total

                                                               Common Stock        Paid-in   Accumulated  Translation  Stockholders'
                                                           Shares      Amount      Capital     Deficit      Gains        Equity
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                    <C>           <C>          <C>         <C>           <C>          <C>
Balance, August 1, 1998 B Forest Glade Properties Inc.        100      $   66     $  9,564    $  (3,979)       $   -      $  5,651


Adjustment for the issuance
  of common stock on reverse acquisition of
  Forest Glade Properties Inc. (Note 2)                 7,699,900       7,634      (7,634)             -           -             -
                                                      ------------------------------------------------------------------------------

                                                        7,700,000       7,700        1,930       (3,979)           -         5,651

Additional paid-in capital                                      -           -      117,996             -           -       117,996

Adjustment for the issuance of initial
  shares of Forest Glade International, Inc.
  on incorporation                                     10,000,000      10,000      (9,987)             -           -            13

Issuance of common stock on acquisition of
  property and equipment
  (Note 2)                                               200,000         200      533,673             -            -      533,873
                                                      ------------------------------------------------------------------------------

                                                      17,900,000      17,900      643,612       (3,979)            -      657,533
                                                      ------------------------------------------------------------------------------

Net loss for the period                                         -           -            -     (187,513)           -     (187,513)


      See accompanying notes to consolidated interim financial statements.


<PAGE>


Foreign currency translation adjustments                        -           -            -             -      23,449        23,449


  Total comprehensive income                                    -           -            -     (187,513)      23,449     (164,064)


Balance, April 30, 1999                                17,900,000    $ 17,900     $643,612    $(191,492)    $ 23,449     $ 493,469
====================================================================================================================================
</TABLE>


      See accompanying notes to consolidated interim financial statements.

<PAGE>


                        Forest Glade International, Inc.
                   Consolidated Interim Statement of Cash Flow
                                   (Unaudited)

For the nine-month period ended April 30, 1999

<TABLE>

Cash provided by (used in)

Operating activities
<S>                                                                             <C>
  Net loss for the period                                                       $ (187,513)
  Adjustment to reconcile net loss to net cash used in operating activities
    Depreciation                                                                     22,646
    Loss on termination of trailer park acquisition                                  73,471
    Expenses satisfied by contributed capital                                        30,218
  Change in assets and liabilities
     Increase in prepaid expenses                                                   (5,878)
     Increase in accounts payable and accrued liabilities                            28,689
                                                                                ---------------

  Net cash used in operating activities                                            (38,367)
                                                                                ---------------

Investing activity
  Deposit and costs incurred on terminated trailer park acquisition                (60,243)
                                                                                ---------------

Financing activities
  Repayment of long-term debt                                                       (9,738)
  Issuance of common stock                                                               13
  Additional capital contribution                                                    87,778
  Advances from directors                                                            29,538
                                                                                ---------------

Net cash provided by financing activities                                           107,591
                                                                                ---------------

Increase in cash for the period                                                       8,981

Effect of foreign exchange on cash                                                  (1,712)

Cash, beginning of period                                                             3,016
                                                                                ---------------

Cash, end of period                                                                $ 10,285
===============================================================================================

Supplemental information
  Property and equipment acquired for long-term debt and common shares             $996,714
  Interest paid                                                                    $ 13,135
===============================================================================================
</TABLE>


      See accompanying notes to consolidated interim financial statements.


<PAGE>

                        Forest Glade International, Inc.
             Notes to the Consolidated Interim Financial Statements
                                  (Unaudited)


April 30, 1999

--------------------------------------------------------------------------------
1.   Basis of Presentation

     The consolidated interim financial statements included herein are stated in
     U.S.  dollars and have been  prepared by the  Company,  without  audit,  in
     accordance  with  accounting  principles  generally  accepted in the United
     States and  pursuant to the rules and  regulations  of the  Securities  and
     Exchange Commission.  Certain information and footnote disclosures normally
     included in financial  statements  prepared in  accordance  with  generally
     accepted  accounting  principles have been condensed or omitted pursuant to
     such  rules  and  regulations,  although  the  Company  believes  that  the
     disclosures are adequate to make the information presented not misleading.

     These statements  reflect all  adjustments,  consisting of normal recurring
     adjustments  which,  in the opinion of  management,  are necessary for fair
     presentation of the  information  contained  therein.  It is suggested that
     these consolidated interim financial statements be read in conjunction with
     the  financial  statements of Forest Glade  Properties  Inc. for the period
     from the date of  incorporation  (January  29,  1998) to July 31,  1998 and
     notes thereto  included in the Company=s  registration  on Form 10-SB.  The
     Company  follows the same  accounting  policies in  preparation  of interim
     reports.

     Results of operations for the interim  periods are not indicative of annual
     results.
--------------------------------------------------------------------------------


2.   Business Acquisitions

     a)   The Company was incorporated  under the laws of the State of Nevada on
          August 27,  1998 and was  inactive  until  November  17,  1998 when it
          acquired  all the  issued  and  outstanding  shares  of  Forest  Glade
          Properties  Inc.   (AProperties@),   an  inactive   Canadian   company
          incorporated   on  January  29,   1998.   Upon  the  closing  of  this
          transaction,  the  Company  issued 7.7  million  common  shares to the
          shareholders of Properties  resulting in Properties  becoming a wholly
          owned  subsidiary of the Company.  The  transaction  was accounted for
          using  the  purchase  method as a reverse  acquisition  as the  former
          shareholders  of Properties  controlled the Company upon conclusion of
          this transaction.  Accordingly,  these financial  statements have been
          accounted for as a continuation  of Properties.  The net assets of the
          Company at the date of acquisition were $Nil.

          On December 1, 1998, Properties acquired a mobile home park in British
          Columbia,  Canada from a company 50%  controlled  by a director of the
          Company  for   CDN$1,528,000   ($996,714   USD)  based  on  the  value
          established by an independent appraisal.  Acquisition of this park was
          financed as follows:



<PAGE>



2.   Business Acquisitions - Continued


                        Forest Glade International, Inc.
             Notes to the Consolidated Interim Financial Statements
                                   (Unaudited)

April 30, 1999
--------------------------------------------------------------------------------


     Assumption of existing long-term debt             $442,602
     Issuance of 200,000 common shares                  533,873
     Accrued liabilities on acquisition                  20,239
                                                   -----------------
                                                       $996,714
                                                   -----------------

     The purchase was accounted for using the purchase method.

     The long-term debt is collateralized by the mobile home park and guarantees
     by the vendors and is repayable in monthly  installments  of  approximately
     $4,500  including  interest at Royal Bank of Canada  Prime rate plus 1% per
     annum until fully repaid in 2011.

     The summarized  unaudited  pro-forma  results of operations set forth below
     for the nine months ended April 30, 1999 assume that the above acquisitions
     occurred  as of August 1, 1998 and include  expenses  for  amortization  of
     property and equipment acquired.

                                                 Nine-Months Ended
                                                  April 30, 1999
                                                 ------------------

      Revenue                                       $ 93,851
      Pro-forma net loss                            $194,221
      Pro-forma net loss per common share            $  0.01



<PAGE>


                        Forest Glade International, Inc.
             Notes to the Consolidated Interim Financial Statements
                                   (Unaudited)

April 30, 1999
--------------------------------------------------------------------------------


3.   Property and Equipment

    Property and equipment is recorded at cost. Depreciation is provided over
    the  estimated  useful lives of the property and  equipment on the declining
    balance basis at rates set out below:

                                                              Accumulated
                            Rate            Cost             Depreciation
--------------------------------------------------------------------------------

     Land                      -       $ 346,776               $     -
     Building                 4%          15,521                   258
     Equipment               20%           8,631                   736
     Pads                     8%         674,490                22,483
                                    --------------------------------------------
                                       1,045,418                23,477
                                    --------------------------------------------
     Net book value                         $1,021,941
                                    ============================================



4.   New Accounting Pronouncements

     a)   Subsequent  to July 31,  1998,  the  Company  adopted  SFAS  No.  130.
          AReporting  Comprehensive  Income@,  which  establishes  standards for
          reporting and display of  comprehensive  income,  its  components  and
          accumulated  balances.  The Company is disclosing this  information on
          its  Statement  of  Stockholders=  Equity.   Comprehensive  income  is
          comprised of net income (loss) and all changes to stockholders= equity
          except those resulting from investments by owners and distributions to
          owners. SFAS No. 130 did not change the current accounting  treatments
          for components of comprehensive income.


     b)   In June 1998, the Financial Accounting Standards Board issued SFAS No.
          133,  Accounting for Derivative  Instruments  and Hedging  Activities.
          SFAS No. 133 requires companies to recognize all derivatives contracts
          as either  assets or  liabilities  on the balance sheet and to measure
          them at fair value. If certain conditions are met, a derivative may be
          specifically designated as a hedge, the objective of which is to match
          the timing of gain or loss recognition on the hedging  derivative with
          the  recognition  of (i) the  changes  in the fair value of the hedged
          assets or liability that are  attributable  to the hedged risk or (ii)
          the  earnings  effect  of the  hedged  forecasted  transaction.  For a
          derivative not designated as a hedging instrument, the gain or loss is
          recognized  in  income  in the  period  of  change.  SFAS  No.  133 is
          effective for all fiscal quarters of fiscal years beginning after June
          14, 1999.

<PAGE>

4. New Accounting Pronouncements - Continued

          Historically,  the Company has not entered into derivatives  contracts
          either  to  hedge   existing  risks  or  for   speculative   purposes.
          Accordingly, the Company does not expect adoption of the new standards
          on January 1, 2000 to affect its financial statements.

     c)   In April 1998, the American  Institute of Certified Public Accountants
          issued Statement of Position 98-5, AReporting on the Costs of Start-Up
          Activities@,  (ASOP 98-5@) which  provides  guidance on the  financial
          reporting of start-up costs and organization  costs. It requires costs
          of  start-up  activities  and  organization  costs to be  expensed  as
          incurred.  SOP 98-5 is  effective  for fiscal  years  beginning  after
          December 15, 1998 with  initial  adoption  reported as the  cumulative
          effect of a change in accounting principle.  Adoption of this standard
          will not have a material effect on the financial statements.

<PAGE>

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

Overview

The  Registrant was  incorporated  in August 1998 under the laws of the State of
Nevada. On November 15, 1998, the Registrant completed its acquisition of Forest
Glade Properties Inc. ("Properties"), a Canadian company incorporated in January
1998,  for the  purpose of owning  and  operating  mobile  home parks in British
Columbia and Alberta,  Canada.  Both the Registrant and Properties were inactive
as of the date of the  share  exchange.  Upon  closing  the  share  exchange  on
November  15,  1998,  the  Registrant  issued 7.7 million  common  shares to the
shareholders of Properties in exchange for all the issued and outstanding common
shares of Properties. At the conclusion of this transaction, Properties became a
wholly owned subsidiary of the Registrant.

On December 1, 1998, Properties closed the acquisition of the Mountain View Park
("the Park") in Sparwood,  British  Columbia for a purchase  price of $1,528,000
CDN ($996,714  USD) based on the value  determined  by North Country  Appraisals
(1985) Ltd., an independent  appraiser  certified by the Appraisal  Institute of
Canada.  The purchase  price was satisfied by the assumption of a first mortgage
on the Park in the amount of $678,757  ($442,602  USD),  liabilities  of $30,797
($20,239 USD) and the issuance of 200,000 common shares of the Registrant to the
vendor. Since May 1996, the Park was owned by 514592 BC Ltd., a private Canadian
company 50% controlled by Gil Rahier,  a director of the Registrant.  Historical
cost of the mobile home park to 514592 BC Ltd. was $1,009,776 CDN (approximately
$740,000 USD). Upon conclusion of this  transaction,  the Company  accounted for
the mobile home park based upon its appraised value (resulting in an increase in
cost of approximately $250,000 USD).

The  Park is a  33.23-acre  facility  with  136  mobile  home  pads  located  in
Southeastern  British  Columbia,  610 miles east of Vancouver,  forty-five miles
north of the US-Canada  border.  At present,  85 sites are rented resulting in a
62% occupation rate. The occupation rate has remained stable for the past twelve
months and is expected to remain so. The rentals are based upon monthly  tenancy
and 80% of the rentals have  occupied  their space for longer than one year.  In
the Park's last full fiscal year prior to  acquisition  ended April 30, 1998, it
generated   revenue  of  $132,000  and  earnings  before  interest,   taxes  and
depreciation ("EBITDA") of $38,540.

Finally,  during the second  quarter of the  Registrant's  1999 fiscal year,  it
filed  its  10-SB  registration  statement  with  the  Securities  and  Exchange
Commission  ("SEC")  and  applied  for  listing  status  on the NASD  Electronic
Bulletin   Board  Market.   Management  has  been  working  with  the  Company's
professional advisors to clear comments raised by the SEC and the NASD to obtain
its  listing.  On June 4, 1999,  the  Company  cleared its final  amended  10-SB
registration  statement with the SEC and has requested  final clearance from the
NASD.


Results of Operations

The  results of  operations  of the Company in U.S.  dollars for the  nine-month
period  ended  April 30, 1999 are as follows.  Prior to the  acquisition  of the
Mountain View Park in December 1998, the Company was essentially inactive.



<PAGE>




Rental revenue                              $   54,366
Expenses                                    $  241,879
Net loss for the period                     $  187,513

Rental  revenue  consists  of  monthly  pad  rentals  of 85 sites from the newly
acquired  Park for the five months from  acquisition  of the Park on December 1,
1998 to April  30,  1999.  The  Registrant  presently  has no other  sources  of
revenue.  Expenses  for the  nine-month  period  ended  April 30,  1999  totaled
$241,879, which can be broken down as follows:

Operating expenses of the Park, excluding depreciation
     and interest                                                  $24,014
Depreciation of Pads and other fixed assets                        $22,646
Interest on long-term debt on acquisition of the Park              $13,135
Write off of deposit and expenses associated with a
     terminated trailer park acquisition                           $73,471
Professional fees associated with the Registrant's 10-SB
     registration and NASDAQ application                           $70,907
Other general and administrative                                   $37,706

As a result,  the net loss for the  nine-month  period  ended April 30, 1999 was
$187,513,  including a loss for the three months ended April 30, 1999 of $33,143
down from the loss recognized for the previous quarter ended January 31, 1999 of
$77,278.  The majority of costs noted above were incurred in connection with the
Registrant's  10-SB  application  and the  acquisition of the Park. The expenses
associated with the terminated  trailer park acquisition  represents the deposit
forfeited  to the  vendor  and  costs  incurred  in  connection  with a  planned
acquisition of a mobile home park in Alberta, Canada in October 1998.


Plan of Operation

Management  believes  that its current  cash flow is  sufficient  to provide its
current cash requirements for the next twelve months.  However, the Registrant's
plan of operation is to acquire additional, fully developed and operating mobile
home parks in the United  States and  Canada.  It is  management's  belief  that
acquiring  existing and  operating  mobile home parks is a superior  strategy to
developing new mobile home parks. By acquiring  existing  parks,  the Registrant
will  avoid  the  expense  and  delay  inherent  in  developing  a new  park and
attracting  tenants.  Assuming the Registrant's  NASDAQ OTC listing is approved,
management believes that it can acquire parks using various combinations of debt
and equity  financing  to best  manage  the cash flow of the  Company by keeping
financing  charges and cash  outflow  requirements  to an optimal  level.  Until
additional parks are acquired,  providing the cash flow necessary to sustain the
Registrant's  cash flow  requirements,  the Registrant  will continue to rely on
certain of the  directors  to finance any  deficiency  of cash from  operations.
Proceeds  of equity  offerings  are  planned  to  generate  cash flow for future
acquisitions.

The  Registrant  does  not  presently  have  any  agreements,   arrangements  or
understandings  for the  acquisition  of  other  mobile  home  parks.  Potential
acquisitions  have  been  delayed  while the  Registrant  is in the  process  of
establishing  a  public  market  for  its  securities.  It does  not  anticipate
completing any acquisitions until a public market has been established.



<PAGE>



Liquidity and Capital Resources

Net cash used in operating  activities for the nine month period ended April 30,
1999 was $38,367  resulting from the net loss for the period of $187,513  before
non-cash expenses and expenses incurred and unpaid as at April 30, 1999.

The Company's  investing  activities for the  nine-month  period ended April 30,
1999 consisted of $60,243 expended in connection with the abandoned  acquisition
of a trailer park in Alberta,  Canada. The acquisition of the Mountain View Park
in  Sparwood,  British  Columbia  was funded by the  assumption  of an  existing
long-term  debt with the Royal Bank of Canada in the amount of $442,602  and the
issuance of 200,000  common  shares of the  Registrant.  The  long-term  debt is
repayable in monthly installments of $4,500 including interest at the Royal Bank
of Canada prime rate plus 1% per annum until fully repaid in 2011.

Financing  activities  for the nine month  period  ended April 30, 1999  totaled
$107,591  consisting  of advances  from the  directors  of the Company by way of
additional capital contributions and loans.

Cash at April 30, 1999 amounted to $10,285,  an increase of $7,269 from July 31,
1998.  Management  believes that cash flow generated from the Mountain View Park
and additional  equity  financing will provide funding for new  acquisitions and
will provide cash flow to sustain existing operations.


Part II - Other Information

Item 1 - Legal Proceedings:     There are no proceedings to report.

Item 2. - Changes in Securities:     None.

Item 3. - Default Upon Senior Securities:     There are no defaults to report.

Item 4. - Submission of Matters to a Vote of Security Holders: None during the
                                                               quarter.

Item 5. - Other Information:  None

Item 6. - Exhibits and Reports on Form 8-K:  none





<PAGE>




SIGNATURES

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.

FOREST GLADE INTERNATIONAL, INC.

Dated: June 11, 1999

WAYNE LOFTUS
Wayne Loftus, President

GIL RAHIER
Gil Rahier, Chief Financial Officer




<PAGE>