U. S. Securities and Exchange Commission
                         Washington, D. C.  20549


                                FORM 10-QSB


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

     For the quarterly period ended June 30, 2002

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

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


                    Commission File No. 2-76219-NY


                  New Environmental Technologies Corporation
                  ------------------------------------------
                (Name of Small Business Issuer in its Charter)


           NEVADA                                      11-2609717
           ------                                      ----------
(State or Other Jurisdiction of                  (I.R.S. Employer I.D. No.)
 incorporation or organization)

                          9005 Cobble Canyon Lane
                            Sandy, Utah 84093
                            -----------------
                 (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (801) 942-0555

Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Sections 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.

(1)  Yes  X   No                   (2)  Yes  X   No
         ---     ---                        ---     ---

<PAGE>
             APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                PROCEEDINGS DURING THE PRECEDING FIVE YEARS

                              Not applicable.


                   APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the Registrant's classes
of common stock, as of the latest practicable date:

                            June 30, 2002

                              2,620,326
                              ---------
PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Financial Statements of the Registrant required to be filed with
this 10-QSB Quarterly Report were prepared by management, and commence on the
following page, together with Related Notes.  In the opinion of management,
the Financial Statements fairly present the financial condition of the
Registrant.
<PAGE>
            NEW ENVIRONMENTAL TECHNOLOGIES CORPORATION
                  (A Development Stage Company)

                       FINANCIAL STATEMENTS

               June 30, 2002 and December 31, 2001
<PAGE>
<TABLE>
            NEW ENVIRONMENTAL TECHNOLOGIES CORPORATION
                  (A Development Stage Company)
                          Balance Sheets
<CAPTION>

                              ASSETS

                                                 June 30,      December 31,
                                                   2002             2001
                                                 (Unaudited)
<S>                                               <C>           <C>
CURRENT ASSETS

 Cash                                             $       -      $          -
                                                  ---------      ------------
  TOTAL ASSETS                                    $       -      $          -
                                                  =========      ============
          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

     Accounts payable                             $  36,807      $    34,591
     Accounts payable - related party                21,584           18,992
     Accrued interest payable - related party         3,119            2,308
                                                  ---------      -----------
          Total Liabilities                          61,510           55,891
                                                  ---------      -----------
STOCKHOLDERS' EQUITY (DEFICIT)

     Common stock authorized 100,000,000 shares at
      $0.001 par value; 2,620,326 shares issued and outstanding     2,620
     2,620
     Additional paid-in capital                     150,692          150,692
     Deficit accumulated during the development
      stage                                        (214,822)        (209,203)
                                                  ---------       ----------
          Total Stockholders' Equity (Deficit)      (61,510)         (55,891)
                                                  ---------       ----------
          TOTAL LIABILITIES AND STOCKHOLDERS'
            EQUITY (DEFICIT)                     $       -         $       -
                                                 =========         =========
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                2
<PAGE>
<TABLE>
            NEW ENVIRONMENTAL TECHNOLOGIES CORPORATION
                  (A Development Stage Company)
                     Statements of Operations
                           (Unaudited)
<CAPTION>
                                                                     >From

                                                                 Inception on
                               For the           For the          January 7,
                           Three Months Ended Six Months Ended   1982 Through
                               June 30,          June 30,          June 30,
                           2002      2001     2002        2001       2002
<S>                       <C>      <C>       <C>        <C>        <C>
REVENUES                  $      -  $      -  $      -   $     -   $       -

EXPENSES                     1,586       661     5,619     8,892     214,822

NET LOSS                  $ (1,586) $   (661) $ (5,619)  $(8,892)  $(214,822)

LOSS PER SHARE
 OF COMMON STOCK          $  (0.00) $  (0.00) $  (0.00)  $ (0.00)

WEIGHTED AVERAGE
 NUMBER OF SHARES OUTSTANDING
 OUTSTANDING             2,620,326  2,620,326  2,620,326  2,620,326
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                3
<PAGE>
<TABLE>
            NEW ENVIRONMENTAL TECHNOLOGIES CORPORATION
                  (A Development Stage Company)
           Statements of Stockholders' Equity (Deficit)
<CAPTION>
                                                                  Deficit
                                                                Accumulated
                                                     Additional  During the
                                Common Stock           Paid-in  Development
                              Shares      Amount       Capital     Stage
<S>                           <C>         <C>         <C>        <C>
Balance, December 31, 2000 2,620,326      $2,620        $150,692   $(189,742)

Net loss for the year
ended December 31, 2001            -          -              -     (19,461)

Balance, December 31, 2001 2,620,326      2,620        150,692    (209,203)

Net loss for the six
months ended June 30, 2002
(unaudited)                        -          -              -      (5,619)

Balance, June 30, 2002
(unaudited)                2,620,326    $ 2,620      $ 150,692   $(214,822)
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                4
<PAGE>
<TABLE>
            NEW ENVIRONMENTAL TECHNOLOGIES CORPORATION
                  (A Development Stage Company)
                     Statements of Cash Flows
                           (Unaudited)
<CAPTION>
                                                                      >From
                                                                  Inception on
                                             For the               January 7,
                                        Six Months Ended         1982 Through
                                            June 30,                June 30,
                                      2002            2001             2002
<S>                                  <C>             <C>         <C>
CASH FLOWS FROM OPERATING
 ACTIVITIES:

  Net loss                                $  (5,619)  $   (8,892)  $(214,822)
  Adjustments to reconcile net loss to
   net cash used by operating activities:
   Stock issued for services                      -            -       2,538
   Changes in operating assets and
   liabilities:
   Increase (decrease) in accounts payable    2,216
   Increase (decrease) in accounts payable
   - related party and accrued interest       3,403        8,882      61,511
                                         ---------   ----------   ---------
        Net Cash Used by Operating
        Activities                                -          (10)   (150,773)
                                          ---------   ----------   ---------
CASH FLOWS FROM INVESTING
 ACTIVITIES:                                      -            -           -
                                          ---------   ----------   ---------

CASH FLOWS FROM FINANCING
 ACTIVITIES:

  Issuance of common stock for cash               -            -     150,773
                                          ---------   ----------   ---------
   Net Cash Provided by Financing
    Activities                                    -            -     150,773
                                          ---------   ----------   ---------
NET INCREASE (DECREASE)
 IN CASH                                          -          (10)          -


CASH AT BEGINNING OF PERIOD                       -           10           -

                                          ---------   ----------   ---------
CASH AT END OF PERIOD                     $       -   $        -   $       -

                                          =========   ==========   =========
CASH PAID FOR:

  Interest                                $       -   $        -   $       -

  Income taxes                            $       -   $        -   $       -

SCHEDULE OF NON CASH FINANCING
ACTIVITIES

  Stock issued for services               $       -   $        -   $   2,538
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                5
<PAGE>
            NEW ENVIRONMENTAL TECHNOLOGIES CORPORATION
                  (A Development Stage Company)
                Notes to the Financial Statements
                June 30, 2002 and December 31, 2000

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION

     The accompanying unaudited condensed financial statements have been
     prepared by the Company 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 accounting principles generally accepted in the United
     States of America have been condensed or omitted in accordance with such
     rules and regulations.  The information furnished in the interim
     condensed financial statements include normal recurring adjustments and
     reflects all adjustments, which, in the opinion of management, are
     necessary for a fair presentation of such financial statements.
     Although management believes the disclosures and information presented
     are adequate to make the information not misleading, it is suggested
     that these interim condensed financial statements be read in conjunction
     with the Company's most recent audited financial statements and notes
     thereto included in its February 1, 2002 Annual Report on Form 10-KSB.
     Operating results for the six months ended June 30, 2002 are not
     necessarily indicative of the results that may be expected for the year
     ending December 31, 2002.


NOTE 2 - GOING CONCERN

      The Company's financial statements are prepared using generally accepted
      accounting principles applicable to a going concern which contemplates
      the realization of assets and liquidation of liabilities in the normal
      course of business.  The Company has not yet established an ongoing
      source of revenues sufficient to cover its operating costs and allow it
      to continue as a going concern.  The ability of the Company to continue
      as a going concern is dependent on the Company obtaining adequate
      capital to fund operating losses until it becomes profitable.  If the
      Company is unable to obtain adequate capital, it could be forced to
      cease operations.

      In order to continue as a going concern, develop a reliable source of
      revenues, and achieve a profitable level of operations the Company will
      need, among other things, additional capital resources.  Management's
      plans to continue as a going concern include raising additional capital
      through sales of common stock.  However, management cannot provide any
      assurances that the Company will be successful in accomplishing any of
      its plans.

      The ability of the Company to continue as a going concern is dependent
      upon its ability to successfully accomplish the plans described in the
      preceding paragraph and eventually secure other sources of financing and
      attain profitable operations.  The accompanying financial statements do
      not include any adjustments that might be necessary if the Company is
      unable to continue as a going concern.
                                6
<PAGE>
Item 2.   Management's Discussion and Analysis or Plan of Operation.
--------------------------------------------------------------------

Plan of Operation.
------------------

         The Company has not engaged in any material operations since the
calendar year ended December 31, 1985, or during the quarterly period ended
June 30, 2002.

         The Company's plan of operation for the next 12 months is to:(i)
consider guidelines of industries in which the Company may have an interest;
(ii) adopt a business plan regarding engaging in business in any selected
industry; and (iii) to commence such operations through funding and/or the
acquisition of a "going concern" engaged in any industry selected.

         During the next 12 months, the Company's only foreseeable cash
requirements will relate to maintaining the Company in good standing or the
payment of expenses associated with reviewing or investigating any potential
industries as a business venture, which the Company expects to pay from its
cash resources or loans from makers of management.

Results of Operations.
----------------------

          During the quarterly period ended June 30, 2002, the Company
had no business operations.  During this period, the Company received total
revenues of $0 and had a net loss of $1,586, as compared to the quarterly
period ended June 30, 2001, when the Company received total revenues of
$0 and had a net loss of $661.

          For the six months ended June 30, 2002, the Company received total
revenues of $0 and had a net loss of $5,619, as compared to the six months
ended June 30, 2001, when the Company received total revenues of $0 and had a
net loss of $8,892.

Liquidity.
----------

          At June 30, 2002, the Company had $0 in current assets, with
total current liabilities of $61,510.  Total stockholders' equity was
($61,510).

                    PART II - OTHER INFORMATION

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

          None; not applicable.

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

          None; not applicable.

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

          None; not applicable.

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

          None; not applicable.

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

          None; not applicable.

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

          (a)  Exhibits.

               None.

          (b)  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 there unto duly authorized.

                                 New Environmental Technologies Corporation



Date: 7/15/02                    By/s/David S. Merrell
     --------------                     -------------------------------------
                                        David C. Merrell
                                        Director and President


Date: 7/15/02                    By/S/Corie Merrell
     --------------                     -------------------------------------
                                        Corie Merrell
                                        Secretary and Treasurer