SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.  20549



                                   FORM 10-QSB
                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                        THE SECURITIES EXCHANGE ACT OF 1934

                    For quarterly period ended March 31, 2005


                                       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:  001-15777

                                  Unitrend, Inc.
               (Exact name of registrant as specified in its charter)


                Nevada                                       34-1904923
    (State or other jurisdiction                          (I.R.S. employer
  of incorporation or organization)                    identification number)



                              4665 West Bancroft St.
                               Toledo, Ohio  43615
           (Address of principal executive offices, including zip code)



                                 (419) 536-2090
              (Registrant's telephone number, including area code)


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 [ ]

Number of shares of registrant's common stock outstanding as of March 31, 2005:
70,390,770


                             UNITREND, INC. AND SUBSIDIARY
                                       FORM 10-QSB
                              QUARTER ENDED MARCH 31, 2005

                                   Table of Contents

PART I    FINANCIAL INFORMATION                                             Page

Item 1.   Condensed Financial Statements

          Condensed Balance Sheets at March 31, 2005 And December 31, 2004..   4

          Condensed  Statements  of  Operations  for  the three  months
          ended March 31, 2005,  2004 and for the period from September
          27, 1994 (date of inception) to March 31, 2005....................   5

          Condensed Statements of Cash Flows for the three months ended
          March 31,  2005,  2004 and  for the period from September 27,
          1994 (date of inception) to March 31, 2005........................   6

          Statements of Stockholders' Equity for the three months ended
          March 31, 2005 and for the years ended December 31, 2004, 2003
          and 2002..........................................................   7

          Notes to Condensed Financial Statements.........................   8-9

Item 2.   Management's Discussion and Analysis of Financial Condition
          and Results of Operations.....................................10-12

PART II   OTHER INFORMATION

Item 1.   Legal Proceedings...............................................    12


Item 2.   Changes In Securities And Use Of Proceeds.......................    12

Item 3.   Defaults Upon Senior Securities.................................    12


Item 4.   Submission Of Matters To A Vote Of Security Holders.............    12

Item 5.   Other Information...............................................    12

Item 6.   Exhibit.........................................................    12

          Signatures......................................................    13


This quarterly report on Form 10-QSB is for the three months ended March 31,2005
This  quarterly  report modifies  and  supersedes documents filed prior  to this
quarterly report.  The  Securities  and  Exchange Commission (SEC)  allows us to
"incorporate by reference" information that we file with them,  which means that
we can disclose important information to you  by referring you directly to those
documents.   Information  incorporated  by reference is considered to be part of
this quarterly report.  In  addition,  information  that we file with the SEC in
the future will automatically update and supersede information contained in this
quarterly report.  In this quarterly report, "Unitrend," "we,"  "us"  and  "our"
refer to Unitrend, Inc.


You  should  carefully review the information contained in this quarterly report
and in other reports or documents that  we  file from time to time with the SEC.
In  this  quarterly  report,  we  state our beliefs  of future events and of our
future  financial performance.  In some cases, you can identify those  so-called
"forward-looking statements" by words such as "may," "will," "should," "expects"
"plans," "anticipates," "believes,"  "estimates,"  "predicts,"  "potential,"  or
"continue" or the negative of those words and other comparable words. You should
be  aware  that  those statements are only our predictions.   Actual  events  or
results  may  differ  materially.   In evaluating those statements,  you  should
specifically  consider  various  factors,  including  the  risks outlined below.
Those factors may cause our actual results  to differ materially from any of our
forward-looking statements.




Part I.        Financial Information
Item I.        Condensed Financial Statements



                                UNITREND, INC.
                         (A Development Stage Company)
                                BALANCE SHEETS
<TABLE>
<CAPTION>
                                     ASSETS
                                                        (unaudited)         (unaudited)
                                                      March 31, 2005     December 31,2004
                                                      ----------------    ----------------
<S>                                                   <C>                 <C>
CURRENT ASSETS
  Cash                                                $         1,132     $           427
  Accounts Receivable                                             452                 384
  Inventory - Finished goods                                    9,296               3,763
                                                      ----------------    ----------------
    Total current assets                                       10,879               4,574

PROPERTY AND EQUIPMENT, at cost
  Land                                                         67,485              67,485
  Building and improvements                                   351,168             351,168
  Furniture and fixtures                                       65,496              65,496
  Computer equipment                                          151,055             151,055
  Computer software                                            46,719              46,719
  Automobiles                                                  15,937              15,937
  Tooling and dies under construction                         940,007             940,007
                                                      ----------------    ----------------
                                                            1,637,867           1,637,867
  Less accumulated depreciation                              (316,196)           (312,035)
                                                      ----------------    ----------------
    Net property and equipment                              1,321,671           1,325,831
                                                      ----------------    ----------------

OTHER ASSETS
  Patent licensing costs,
    net of accumulated amortization                            20,184              20,713
                                                      ----------------    ----------------

    TOTAL ASSETS                                      $     1,352,734     $     1,351,118
                                                      ================    ================


                       LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITES
  Accounts payable                                    $       731,365     $       707,201
  Current portion of note payable                             166,875             171,047
  Accrued expenses                                          1,189,437           1,209,271
                                                      ----------------    ----------------
    Total current liabilities                               2,087,678           2,087,519
                                                      ----------------    ----------------

NOTES PAYABLE - RELATED PARTIES                               213,245              99,846
                                                      ----------------    ----------------


STOCKHOLDERS' EQUITY
  Common stock, no par value                                3,805,098           3,805,098
  Additional paid-in capital                                8,975,592           8,975,592
  Deficit accumulated in the development stage
                                                          (13,728,880)        (13,616,938)
                                                      ----------------    ----------------

    Total stockholders' equity                               (948,190)           (836,248)
                                                      ----------------    ----------------
    TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY                                          $     1,352,734     $     1,351,118
                                                      ================    ================

</TABLE>


                                 UNITREND, INC.
                          (A Development Stage Company)
                       STATEMENTS OF OPERATIONS (UNAUDITED)
<TABLE>
<CAPTION>                                                                                       (unaudited)
                                                         (unaudited)         (unaudited)    September  27, 1994
                                                     Three Months Ended  Three Months Ended (Date of Inception)
                                                       March 31, 2005      March 31, 2004    to March 31, 2005
                                                      ----------------    ----------------    ----------------
<S>                                                   <C>                 <C>                 <C>
Sales                                                 $            68     $            32     $         6,608

Cost of Sales                                                    (235)               (156)            (10,284)
                                                      ----------------    ----------------    ----------------
Gross Loss                                                       (167)               (124)             (3,676)

Research and development expenses                                (786)                  -            (567,301)

Selling, general and administrative expenses                 (107,692)           (136,707)        (12,260,680)
                                                      ----------------    ----------------    ----------------

Operating loss                                               (108,644)           (136,831)        (12,831,656)

Other income                                                        -                   -            (546,875)

Interest income                                                     -                   -               1,546

Interest expense                                               (3,298)             (3,779)           (327,927)
                                                      ----------------    ----------------    ----------------
Net loss before cumulative effect of change
  in accounting principle                                    (111,942)           (140,610)        (13,704,912)

Cumulative effect of change in accounting principle                 -                   -             (23,968)
                                                      ----------------    ----------------    ----------------

Net loss                                              $      (111,942)    $      (140,610)    $   (13,728,880)
                                                      ================    ================    ================


Basic and diluted loss per share:

Before cumulative effect of change in
  accounting principle                                $         (0.00)    $         (0.00)    $         (0.20)

Cumulative effect of change in
  accounting principle                                              -                   -                   -
                                                      ----------------    ----------------    ----------------

 Net loss                                             $         (0.00)    $         (0.00)    $         (0.20)
                                                      ================    ================    ================

Weighted average shares outstanding used to
   compute basic and diluted loss per share                70,390,770          70,390,770          68,337,455
                                                      ================    ================    ================

</TABLE>

                                   UNITREND, INC.
                           (A Development Stage Company)

                              STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                                (unaudited)
                                                        (unaudited)         (unaudited)       September 27, 1994
                                                     Three Months Ended  Three Months Ended  (Date Of Inception)
                                                        March 31, 2005     March 31, 2004     to March 31, 2005
                                                      ----------------    ----------------    ----------------
<S>                                                   <C>                 <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss                                            $      (111,942)    $      (140,610)    $   (13,728,880)
                                                      ----------------    ----------------    ----------------

Adjustments to reconcile net loss to
   net cash used in operating activities:
    Change in accounting principle                                  -                   -              23,968
    Options issued for services                                     -                   -           5,326,989
    Depreciation & amortization                                 4,689               5,220             358,956
    Loss on disposal of property
     and equipment                                                  -                   -             608,643
    Bad debt                                                        -                   -              42,157
    Accrued interest income                                         -                   -              (3,091)
    Common stock issued for services                                -                   -              10,000
  Increase in operating assets:
    Accounts receivable                                           (68)                  -                (452)
    Inventory                                                  (5,533)                 13              (9,296)
    Prepaid Expenses                                                -

  Increase (decrease) in operating liabilities:
    Accounts payable                                           24,164              65,160             731,365
    Accrued expenses                                          (19,834)            (43,662)          1,405,127
                                                      ----------------    ----------------    ----------------
    Total adjustments                                           3,419              26,731           8,494,367
                                                      ----------------    ----------------    ----------------
  Net cash used in operating activities                      (108,523)           (113,879)         (5,234,513)
                                                      ----------------    ----------------    ----------------


CASH FLOWS FROM INVESTING ACTIVITIES
  Payment for patent licensing costs                                -                   -             (31,723)
  Purchase of property and equipment                                -             (28,600)          (2,277,022)
  Proceeds from sale of property and
   equipment                                                        -                   -              10,941
  Loans to related parties                                          -                   -             (18,191)
  Loans to other entities                                           -                   -             (23,916)
  Repayment from employee                                           -                   -               3,041
  Payment of organizational cost                                    -                   -             (30,168)
                                                      ----------------    ----------------    ----------------
  Net cash provided by (used in )
   investing activities                                             -             (28,600)          (2,367,038)
                                                      ----------------    ----------------    ----------------
CASH FLOWS FROM FINANCING ACTIVITIES
  Payment of loan costs                                             -                   -              (5,448)
  Loans from stockholder                                      113,400             136,832           3,679,344
  Proceeds from note payable                                        -                   -             290,000
  Payment on note payable                                      (4,172)             (4,833)           (123,125)
  Proceeds from sale of common stock
   and exercise of stock options                                    -               9,500           2,629,063
  Payments for stock recissions                                     -                   -            (134,170)
  Sale of stock subject to recission
   for cash                                                         -                   -           1,267,020
                                                      ----------------    ----------------    ----------------
  Net cash provided by financing
   activities                                                 109,228             141,499           7,602,684
                                                      ----------------    ----------------    ----------------

    Net increase (decrease) in cash                               705                (981)              1,132

Cash - beginning of period                                        427               3,178                   -
                                                      ----------------    ----------------    ----------------
Cash - end of period                                  $         1,132     $         2,197     $         1,132
                                                      ================    ================    ================
SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION:
    Cash paid during the period
     Interest                                         $         4,657     $         3,779     $       178,339

</TABLE>

SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING ACTIVITIES:

The President/Majority Stockholder forgave debt of $136,832 during the
period ended March 31, 2004.

                                 UNITREND, INC.
                          (A Development Stage Company)

                   STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
                    For the Three Months Ended March 31, 2005
              And For the Year Ended December 31, 2004, 2003 and 2002
                                   (unaudited)

<TABLE>
<CAPTION>
                                                               Deficit
                                                             Accumulated
                             Common Stock      Additional     During the
                           ----------------      Paid-in     Development
                          Shares      Amount     Capital        Stage        Total
                        ----------  ----------  ----------  -------------  ----------
<S>                 <C>        <C>       <C>        <C>            <C>
BALANCE -
DECEMBER 31, 2001       69,895,580   3,557,503   8,023,695   (11,099,384)     481,814

Majority stockholder
  exercised options
  at $0.50 per share
  on January 22, 2002      476,190     238,095           -              -     238,095

Net loss - 2002                  -           -           -    (1,050,937)  (1,050,937)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
DECEMBER 31, 2002       70,371,770   3,795,598   8,023,695   (12,150,321)    (331,028)

Majority stockholder
  forgives loans and
  accrued salary on
  December 31, 2003              -           -     577,988              -     577,988

Net loss - 2003                  -           -           -      (280,938)    (280,938)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
DECEMBER 31, 2003       70,371,770   3,795,598   8,601,683   (12,431,259)     (33,978)

Exercise of options
  at $0.50 per share
  on January 14,2004        19,000       9,500                                  9,500

Majority stockholder
  forgives loans on
  March 31, 2004                                   136,832                    136,832

Majority stockholder
  forgives loans on
  June 30, 2004                                    237,077                    237,077

Net loss - 2004                  -           -           -    (1,185,679)  (1,185,679)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
DECEMBER 31, 2003       70,390,770   3,805,098   8,975,592   (13,616,938)    (836,248)

Net loss for the
  period ended
  March 31, 2005                                                (111,942)    (111,942)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
MARCH 31, 2005          70,390,770  $3,805,098  $8,975,592  $(13,728,880)  $ (948,190)

                        ==========  ==========  ==========  =============  ===========
</TABLE>



                                   UNITREND, INC.
                                    FORM 10-Q SB
                           QUARTER ENDED MARCH 31, 2005
                NOTES TO CONDENSED FINANCIAL STATEMENTS (unaudited)

BASIS OF PRESENTATION
The  condensed  financial statements included herein  have  been prepared by the
Company,  without audit, 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.  However,  the Company believes that the disclosures  are  adequate
to make the information presented not misleading.

The  unaudited  condensed  financial  statements  included  herein  reflect  all
adjustments  (which include only normal, recurring adjustments) that are, in the
opinion of management, necessary to state fairly the results for the three month
period ended March 31, 2005.  The results for the three month period ended March
31, 2005  are  not  necessarily  indicative of the results expected for the full
fiscal year.

NATURE AND SCOPE OF BUSINESS
Unitrend, Inc. (the Company) a  Nevada corporation as of January, 1999, formerly
an Ohio corporation,  is a development  stage company formed with the purpose of
expanding  the  useful life of computer technology through our patented computer
enclosures,  power supplies and related products that will ultimately be sold to
a national market. The Company was incorporated on April 11, 1996 as Versa Case,
Inc.   On May 15, 1996,  the Company  changed  its name to  Unitrend, Inc.   The
Company's  operations  to date  have consisted  primarily of incidental sales of
computer  components  while  the  Company  personnel  have  concentrated  on the
research  and development of its products and procuring the necessary patents on
its technology.  To date, the Company has been issued nine United States patents
with eight patent applications pending. The VersaCase patent alone was valued at
$9,478,000 by Robinwood Consulting,  an  independent  firm  experienced  in  the
valuation of intellectual property.  Generally accepted accounting principles do
not allow us to record this valuation on the balance sheets, we can only account
for the direct costs  involved  in  obtaining  a  patent.   We  also  have  nine
registered  trademarks  and  service  marks.     As of  March 31, 2005, expenses
incurred  have  been  primarily  for  administrative support, obtaining patents,
tooling and product  development of the enclosures  and power supplies that will
ultimately be sold and tooling,  product  development  and inventory of the wire
management systems  that are currently being sold,  which  has  resulted  in  an
accumulated deficit in the development stage of approximately $13,729,000.

On  April 16, 1998,  the Company  formed  Osborne Manufacturing,  Inc.  (OMI) to
produce the Company's products.   In 2002,  OMI was dissolved because management
determined  that  it could save time  and money by entering into a contract with
New Product Innovations, Inc. (NPI) to  provide  turnkey  manufacturing  of  its
product  line.   NPI is a joint venture between General Electric (GE) and Fitch,
Inc.   NPI  along with  Fitch will  complete product  development, obtain agency
approvals, engage in product positioning and manufacturing development.

The  Company  merged  with  Server  Systems  Technology, Inc.  (SSTI)  effective
December 15, 1998.   SSTI  was  the  predecessor  to the  Company and was formed
September 27, 1994.   It  owns  several  patents  that  are key to the Company's
products,  but  otherwise  has  ceased its development stage operations when the
Company was formed in April, 1996.  SSTI is a related party to the Company since
the two entities have common stockholders.

In early 2003,  research  and  development  began on the Cablety wire management
system.   Designs  were  finalized  and a tool was built to produce the Cablety.
Production  of  the Cablety  began late  in the  fourth quarter  of 2003 and the
Cablety was made available for sale over our e-commerce site.  As of the date of
this filing, sales have been modest,  but we  anticipate sales to increase as we
move  forward  and  concentrate  on  marketing  our  products through direct and
indirect channels.   In 2005,  we  hope to  finalize  any design  changes to the
VersaCase, Stable power supply and Breeze power supply.

On March 1, 2004,  Unitrend entered into a contract  with Titan Technologies, an
established  national sales and marketing group, to market and sell the Cablety,
VersaCase,  Stable power  supply and any  future products developed by Unitrend.
The first product that has been sold by the Company is the Cablety, with initial
sales focus  on large domestic distributors and original equipment manufacturers
(OEMs).   We will modify our distribution  plans as  demanded by  the markets we
serve  in order  to maximize efficiency throughout all channels of distribution.
In March 2004,  R & R Plastics began  building a high volume production tool for
the Cablety with new  industrial/military "Safety Wire" capabilities molded into
it.  This tool was completed in June 2004.   Each tool is a four-cavity mold and
together are capable of producing 35,000 kits per week.   Molding,  assembly and
distribution  of  the  Cablety  components  will be performed by a local outside
vendor.

In April 2004,  Unitrend  along with a  representative  from  Titan Technologies
participated in RetailVision Spring 2004.   RetailVision Spring 2004  is a trade
show  that allows  the manufacturer to sit face to face with potential retailers
and distributors in the computer industry. Unitrend presented to representatives
that  comprise approximately 90% of the computer industry's manufacturers and/or
distributors.   Positive results of  this show  include  agreements  signed with
Micro Center, Inc., TigerDirect.com and Zones, Inc.  Micro Center, Inc. offers a
huge  selection of competitively priced, high-quality products,  and a wealth of
information to help customers make informed buying decisions.   Micro Center has
twenty nationwide retail stores along  with an  online retail site.   Currently,
the Cablety may be purchased at  www.microcenter.com.   TigerDirect.com  carries
the world's largest selection of computer components,  making them  the reseller
of choice for the  "build-it-yourselfer."   Zones, Inc. and their affiliates are
single-source, multi-vendor direct marketing resellers of name-brand information
technology products to the small to medium sized business market, enterprise and
public  sector  accounts  and  sells  product  through outbound and inbound call
center account executives, specialty print and e-catalogs, and the Internet. The
Cablety is available for purchase at  www.zones.com.   In August 2004,  Unitrend
exhibited  at the  Zones  Accessories  Training  Fair where representatives from
Unitrend showed the benefits of using our product line.   This show was attended
by  only  Zones  sales and  marketing representatives in order for them to learn
about all the products that Zones carries.  In September 2004, Unitrend attended
the Gartner System Builders Summit. This show is the leading event for the white
box market.  Vendors and resellers meet at this show to explore new technologies
and build strategic  relationships.   Unitrend  established  relationships  with
interested vendors for  when our product line is  in full production.   In early
April 2005, Unitrend exhibited at  the  FOSE  trade  show.   FOSE  is  the  most
comprehensive  technology  event  serving  the government marketplace.  The U.S.
government is the largest buyer of technology in the world, which made this show
the most efficient way for Unitrend to reach government customers.  At this show
we  introduced the Breeze power supply  and the "new" flame orange  Cablety with
the  industrial/military  safety  wire  capabilities.   We  also  exhibited  the
VersaCase and Cablety kits.   Many government agencies reviewed our products and
gave us positive feedback.   Many leads were made to place beta units within the
government for testing.

USE OF ESTIMATES
The  preparation of  financial statements in conformity  with generally accepted
accounting  principles  require management  to  make  estimates and  assumptions
that  affect  the  reported  amounts  of  assets and liabilities,  disclosure of
contingent  assets  and liabilities at the date of the  financial statements and
the  reported  amounts of revenues  and  expenses during the reporting  periods.
Actual results could  differ from these estimates.

RELATED PARTY PAYABLE
In the past,  there  were  unsecured  notes  payable  to  the President/majority
stockholder,  including interest at prime on the first business day of the year,
payable in ten equal installments after  the Company is profitable for one year.
As of March 31, 2005 and December 31, 2004,  the outstanding balance of the note
payable   to  the  President/majority  stockholder  was  $213,245  and  $99,846,
respectively.   During 2004, our President/majority stockholder forgave loans to
the Company of $373,909.   He also forgave debt of $432,240, accrued interest of
$22,280 and accrued salary of  $199,352 during the year ended December 31, 2003.
On  March 31, 2000,  our  President/majority  stockholder  forgave  loans to the
Company of $2,171,854 and accrued interest  of  $69,942.   The  forgiveness  was
accounted for as contributed capital.

NEW ACCOUNTING PRONOUNCEMENTS

None

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

RESULTS OF OPERATIONS - FIRST THREE MONTHS OF 2004 COMPARED TO FIRST THREE
MONTHS OF 2003

We had no significant revenues in the first three months of 2005 or in the first
three months of 2004.  In the fourth quarter 2003,  we began to produce and sell
the Cablety wire management system.   Revenues  were  modest  during  the  first
quarter of 2005 and during the first quarter of 2004.   Unitrend had developed a
new marketing program in 2004  and began to implement it during the last half of
2004.   This program  includes,  but will not be limited to,  trade and consumer
advertising,  public  relations  and  trade  shows.   We  anticipate  not  being
classified as a development stage enterprise sometime during 2005.

We  had  an  operating  loss of $108,644 during the three months ended March 31,
2005 as compared to an operating  loss of $136,831 during the three months ended
March 31, 2004, a decrease of 21%.   As  discussed  below,  this  operating loss
decreased  primarily  because  of  a   reduction   in   selling,   general   and
administrative   expenses.

The Company spent $786 on research and development during the three months ended
March 31, 2005  as  compared to  zero for the three months ended March 31, 2004.
Mr. Jelinger  performs  many  internal  research  and  development functions for
Unitrend of which he does not collect or  accrue  a  salary.   We  believe  that
research  and  development  expenses  with  outside firms will increase as we go
forward  due  to  the  contract  entered into with New Product Innovations, Inc.
(NPI) to provide turnkey manufacturing of our  product  line.   NPI  along  with
Fitch, Inc. will complete product development,  obtain  agency approvals, engage
in product  positioning  and  manufacturing  development.   We  anticipate  this
spending to continue to increase as we continue  to  produce  the  Cablety,  our
first  product  that was  made  available to the market in the fourth quarter of
2003  and  for the final product development  and production of the Breeze power
supply, Stable power supply and VersaCase.   There  was  zero  spent  on tooling
during  the  first  three  months  of 2005 and $28,600 spent on tooling and dies
during the first three months  of  2004,  we  anticipate  this  to  continue  to
increase as we move forward.

Selling,  general and administrative  expenses decreased to  $107,692 during the
three  months ended March 31, 2005  as compared  to  $136,707  during  the three
months  ended March 31, 2004,  a  decrease of 21%.   The  decrease  in  selling,
general   and  administrative  expenses  was   due  primarily  to  decreases  in
professional fees,  payroll  expense  and  trade  show  expense of approximately
$15,600,  $9,700  and  $8,400  during  the  three months ended March 31, 2005 as
compared to the  three  months  ended  March 31, 2004.   Our  professional  fees
decreased  during  the  first  three months  of 2005 compared to the first three
months of 2004 because of a decrease in use of our outside  attorneys.   Payroll
expense  decreased  because  an  employee voluntary  reduced their  salary in an
effort to cut costs.  The Company experienced the decrease in trade show expense
because  of  the difference in  fees associated with the 2005 FOSE trade show as
compared  to the 2004 RetailVision trade show in the same time period last year.
The Company  experienced increases in  marketing expense and internet expense of
approximately $7,500 and $1,800 during  the three months ended March 31, 2005 as
compared to the three months ended March 31, 2004.   The increase  in  marketing
expense is due to the costs associated with our marketing program.  This program
was not yet developed during the quarter ended March 31, 2004.   There  were  no
significant decreases or increases in other selling, general and  administrative
expenses  during the three months ended March 31, 2005 as  compared to the three
months ended March 31, 2004.

There  were no stock options granted to non-employees  during the  three  months
ended March 31, 2005 or during the  three months ended March 31, 2004.

Accounts payable increased to $731,365 for the three months ended March 31, 2005
compared  to  $707,201 at  years end  December 31, 2004.   Accrued  payroll  and
related taxes increased to $874,686 at March 31, 2005 as compared to $863,160 at
years end December 31, 2004,  respectively.   The Company notified its employees
on  January 1, 2001 that due to its financial condition,  payment of wages would
cease for an undetermined amount of time and  employees could  remain,  if  they
should choose to, on a voluntary  basis.   In 2002,  the  Company  decided  that
payroll  expense  would resume  and has accrued wages since then.  Our  interest
expense  for the  three months  ended March 31, 2005  was  $3,298 as compared to
$3,779 from the same time period last year.   This expense was fairly consistent
with the previous year.

LIQUIDITY AND CAPITAL RESOURCES

The Company has financed its operations since inception primarily through public
and private sales  of equity securities that  provided aggregate net proceeds of
$2,630,000,  and  net  loans  from   its  founder  received  from  inception  of
$3,679,344.   As of  March 31, 2005,  the  Company's  cash  totaled  $1,132  and
accounts receivable totaled $452.   Loans  from  Mr. Jelinger  during  the three
months ended March 31, 2005 totaled $113,399.   He  forgave $373,909 of loans in
2004.   The  President/majority  stockholder  forgave  debt of $432,240, accrued
interest  of  $22,280  and  accrued  salary  of  $199,352  during the year ended
December  31,  2003.   On  March 31, 2000,  our  President/majority  stockholder
forgave  loans  to  the  Company of  $2,171,854 and accrued interest of $69,942.
This was accounted for as contributed capital.

Primary uses of cash for the three months ended March 31, 2005 included $108,523
for the Company's operations and working capital  requirements.  For  the  three
months  ended  March 31, 2005,  primary uses of cash for the Company's investing
requirements totaled zero due to no purchases of property or equipment.

Our future capital requirements will depend upon numerous factors, including the
amount  of  revenues  generated  from  operations,  the  cost  of  our sales and
marketing  activities  and  the  progress  of   our  research  and   development
activities, none of which can be predicted with certainty.   In  December, 2000,
the  company  filed  an SB-2  registration  statement  with the  Securities  and
Exchange  Commission to register 4,000,000 shares of common stock, at $10.00 per
share in a  "Best Efforts" offering.   The  filing  was  declared  effective  on
December 28, 2000.  The purpose of the offering was to raise sufficient funds to
enable  the  Company  to  commence  manufacturing  of  its  VersaCase   product.
Ultimately,  the Company  did not  receive sufficient subscriptions to enable to
commence  manufacturing  operations  and the  offering terminated with all funds
returned to subscribers.  Currently, the Company plans to raise sufficient funds
through  the  advancement  of  monies  by  its  founder and/or through a private
placement.   While  funds  advanced and  raised from  the founder may enable the
Company  to continue  product development and commence out-source manufacturing,
we cannot be certain that  the founder will  continue to fund our capital needs.
Consequently, we may seek additional funding during the next 24 months through a
post  effective  amendment to the SB-2  registration statement.  There can be no
assurance  that any  additional financing will be available on acceptable terms,
if required.   Moreover,  if additional financing is not available,  we could be
required  to  reduce  or  suspend our operations, seek an acquisition partner or
sell   securities   on   terms   that  may   be  highly  dilutive  or  otherwise
disadvantageous to existing investors,  or investors purchasing stock offered in
the  anticipated  secondary  offering.    In  the  event  that  neither  of  the
capital-raising  mechanisms  described above result in timely usable proceeds to
the Company, we may have a  serious  shortfall  of  working  capital.   We  have
experienced   in  the  past,   and  may  continue  to  experience,   operational
difficulties   and  delays  in  product  development  due  to  working   capital
constraints.   Any  such  difficulties  or delays  could have a material adverse
effect on our business, financial condition and results of operations.

OUTLOOK

The  outlook  section  contains  a number  of forward-looking statements, all of
which are based on current expectations.   Actual results may differ materially.
Our growth strategy is built around five imperatives:  maintaining technological
leadership;   increasing  market  share;   acquiring  other  business  entities;
leveraging strategic relationships;  and  the  recruiting  and retaining  of key
personnel.

MAINTAINING TECHNOLOGICAL LEADERSHIP.  The cutting edge of our effort to achieve
technological  leadership  is to establish a  standard for open architecture and
modularity in the computer enclosure industry.   Other components,  accessories,
and products are in various stages of development.  They will be supported by an
aggressive research and development budget.

INCREASING MARKET SHARE.   Our  entry  into  the market is estimated at a modest
level to  allow  us  to  grow  at  a  reasonable  pace.   However,  we  make  no
representations  or  guarantees that we will be able to manage the growth of our
business.   The Cablety  was  introduced  to the market in the fourth quarter of
2003 and we experienced modest sales.  We anticipate sales to grow  as  we  move
forward into 2005.   Once VersaCase,  the Stable power supply  and  Breeze power
supply are introduced,  we expect that there will be significant interest across
a number of market segments.   The  VersaCase  is  unparalleled in its versatile
application as a PC or server enclosure.   The  ease  of  access and scalability
will  provide numerous benefits to routine and  mission-critical users that will
propel and increase market share.

ACQUIRING  OTHER BUSINESS ENTITIES.   In  order  to expand our technological and
market capabilities, we may consider  the  pursuit  of  other  companies.   Such
acquisitions  may include  core and  non-core entities.   A core entity may be a
research  and  development  group,  and a  non-core firm could be one that might
enhance our production process.

LEVERAGING  STRATEGIC RELATIONSHIPS.   We  intend  to  leverage our relationship
with companies that complement our mission.   For instance,  the  uniqueness  of
Cablety,  Stable,  Breeze and VersaCase technology will create opportunities for
us to establish strong relationships with key distributors.   These distributors
will  be  able  to  offer  their clients a product  that is very competitive and
distinctive.   We  have been  approached by  distributors  to consider a channel
relationship or exclusive position with them.   While we must maintain a broader
market focus, we may selectively enter into agreements that would enhance market
credibility and penetration.

RECRUITING AND RETAINING OF KEY PERSONNEL.  An  entrepreneurial  spirit that was
based in creativity, risk and reward drove the birth of this company.  We intend
to  maintain  this  quality  by  offering  competitive   salary   and  incentive
compensation.  Our overriding human resources philosophy is to build a corporate
culture that supports the success of each employee, as well as the company.

Part II.	Other Information

Item 1.	Legal Proceedings

In 2004,  Unitrend  filed a claim for damages in the Wayne County Circuit Court,
State  of  Michigan,  against a third  party.   Unitrend  seeks  $1,000,000 plus
exemplary damages, including actual costs and attorney's fees.   If  Unitrend is
able to recover damages, it will be used to purchase additional assets.

Item 2.        Changes In Securities And Use Of Proceeds

None

Item 3.        Defaults Upon Senior Securities

None

Item 4.        Submission Of Matters To A Vote Of Security Holders

Not Applicable

Item 5.        Other Information

None

Item 6.        Exhibits and Reports on Form 8-K

(a)  List of Exhibits

     99.  Additional Exhibits

     Exhibit 99.1  Certification Under Section 906 of Sarbanes-Oxley Act
                   of 2002

(b)  Reports on Form 8-K

     None

                                  SIGNATURES

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


                             UNITREND, INC.

Dated:  May 12, 2005    By:  /S/ CONRAD A.H. JELINGER:
                             _________________________
                             Conrad A.H. Jelinger

                             Chief Executive Officer,
                             Interim  Chief Financial Officer
                             and President