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 June 30, 2002


                                       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 June 30, 2002:
70,371,770


                             UNITREND, INC. AND SUBSIDIARY
                                       FORM 10-QSB
                              QUARTER ENDED JUNE 30, 2002

                                   Table of Contents

PART I    FINANCIAL INFORMATION                                             Page

Item 1.   Condensed Consolidated Financial Statements

          Condensed Consolidated Balance Sheets at June 30, 2002
          And December 31, 2001...........................................     3

          Condensed Consolidated Statements of Operations for the three
          and six months ended June 30, 2002, 2001  and for the  period
          from September 27, 1994 (date of inception) to June 30, 2002...     4

          Condensed Consolidated Statements of Cash Flows for the six
          months  ended June 30,  2002,  2001 and  for the period from
          September 27, 1994 (date of inception) to June 30, 2002........     5

          Consolidated Statements of Stockholders' Equity for the six
          months  ended   June  30,  2002  and  for  the  year  ended
          December 31, 2001...............................................     6

          Notes to Condensed Consolidated Financial Statements............   7-8

Item 2.   Management's Discussion and Analysis of Financial Condition
          and Results of Operations.......................................  8-10

PART II   OTHER INFORMATION

Item 1.   Legal Proceedings...............................................    10


Item 2.   Changes In Securities And Use Of Proceeds.......................    11

Item 3.   Defaults Upon Senior Securities.................................    11


Item 4.   Submission Of Matters To A Vote Of Security Holders.............    11

Item 5.   Other Information...............................................    11

Item 6.   Exhibit.........................................................    11

          Signatures......................................................    11


This quarterly report on Form 10-QSB is for the three and six months ended  June
30, 2002.  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. and its subsidiary.


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 Consolidated Financial Statements



                         UNITREND, INC. AND SUBSIDIARY
                         (Development Stage Companies)
                          CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                     ASSETS
                                                        (unaudited)         (unaudited)
                                                       June 30, 2002      December 31,2001
                                                      ----------------    ----------------
<S>                                                   <C>                 <C>
CURRENT ASSETS
  Cash                                                $            53     $           235
                                                      ----------------    ----------------

PROPERTY AND EQUIPMENT, at cost
  Land                                                         67,485              67,485
  Building and improvements                                   376,716             376,716
  Furniture and fixtures                                       65,266              65,266
  Computer equipment                                          151,055             151,055
  Computer software                                            46,719              46,719
  Automobiles                                                  15,937              15,937
  Tooling and dies under construction                       1,469,429           1,469,429
                                                      ----------------    ----------------
                                                            2,192,607           2,192,607
  Less accumulated depreciation                              (279,938)           (267,016)
                                                      ----------------    ----------------
    Net property and equipment                              1,912,669           1,925,591
                                                      ----------------    ----------------

OTHER ASSETS
  Patent licensing costs,
    net of accumulated amortization                            26,000              27,058
  Loan costs, net of accumulated amortization                   1,090               1,634
                                                      ----------------    ----------------
    Total other assets                                         27,090              28,692
                                                      ----------------    ----------------



    TOTAL ASSETS                                      $     1,939,812     $     1,954,518
                                                      ================    ================


                       LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITES
  Accounts payable                                    $       554,833     $       502,970
  Current portion of note payable                             217,465             225,520
  Accrued expenses                                            495,794             492,911
                                                      ----------------    ----------------
    Total current liabilities                               1,268,092           1,221,401
                                                      ----------------    ----------------

NOTES PAYABLE - RELATED PARTIES                                68,683             251,303
                                                      ----------------    ----------------


STOCKHOLDERS' EQUITY
  Common stock, no par value                                3,795,598           3,557,503
  Additional paid-in capital                                8,023,695           8,023,695
  Deficit accumulated in the development stage
                                                          (11,211,256)        (11,099,384)
                                                      ----------------    ----------------

    Total stockholders' equity                                608,037             481,814
                                                      ----------------    ----------------
    TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY                                          $     1,939,812     $     1,954,518
                                                      ================    ================

</TABLE>


                          UNITREND, INC. AND SUBSIDIARY
                          (Development Stage Companies)
                CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
<TABLE>
<CAPTION>                                                                                                      (unaudited)
                                (unaudited)        (unaudited)         (unaudited)        (unaudited)    September  27, 1994
                            Three Months Ended Three Months Ended   Six Months Ended   Six Months Ended  (Date of Inception)
                                June 30, 2002      June 30, 2001      June 30, 2002      June 30, 2001    to June 30, 2002
                              ----------------   ----------------   ----------------   ----------------   ----------------
<S>                           <C>                <C>                <C>                <C>                <C>
Sales                         $             -    $             -    $             -    $             -    $           603

Research and development
  expenses                                  -                  -                  -                  -           (529,943)
Selling, general and
  administrative expenses             (38,113)          (116,033)          (101,105)          (266,519)       (10,415,619)
                              ----------------   ----------------   ----------------   ----------------   ----------------

Operating loss                        (38,113)          (116,033)          (101,105)          (266,519)       (10,944,959)

Interest income                             -                  -                  -                  -              1,546

Interest expense                       (3,897)            (9,191)           (10,767)           (17,642)          (243,875)
                              ----------------   ----------------   ----------------   ----------------   ----------------
Net loss before cumulative
  effect of change in
  accounting principle                (42,010)          (125,225)          (111,872)          (284,161)       (11,187,288)

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

Net loss                      $       (42,010)   $      (125,225)   $      (111,872)   $      (284,161)   $   (11,211,256)
                              ================   ================   ================   ================   ================

Basic and diluted loss
  per share:

Before cumulative effect
  of change in accounting
  principle                   $         (0.00)   $         (0.00)   $         (0.00)   $         (0.00)   $         (0.17)

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


 Net loss                     $         (0.00)   $         (0.00)   $         (0.00)   $         (0.00)   $         (0.17)
                              ================   ================   ================   ================   ================

Weighted average shares
  outstanding used to compute
  basic and diluted loss per
  share                            70,371,770         69,895,580         70,371,770         69,895,580         66,927,991
                              ================   ================   ================   ================   ================

</TABLE>

                           UNITREND, INC. AND SUBSIDIARY
                           (Development Stage Companies)

                       CONSOLIDATED STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                                (unaudited)
                                                        (unaudited)         (unaudited)      September 27, 1994
                                                      Six Months Ended    Six Months Ended   (Date Of Inception)
                                                        June 30, 2002       June 30, 2001     to June 30, 2002
                                                      ----------------    ----------------    ----------------
<S>                                                   <C>                 <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss                                            $      (111,872)    $      (284,161)    $   (11,211,256)
                                                      ----------------    ----------------    ----------------

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                                14,524              18,443             298,401
    Loss on disposal of property
     and equipment                                                  -               6,908               4,735
    Bad debt                                                        -                   -              42,157
    Accrued interest income                                         -                   -              (3,091)
    Common stock issued for services                                -                   -              10,000
  Increase in operating liabilities:
    Accounts payable                                           51,863             124,773             554,833
    Accrued expenses                                            2,883              20,044             565,735
                                                      ----------------    ----------------    ----------------
    Total adjustments                                          69,270             170,168           6,823,727
                                                      ----------------    ----------------    ----------------
  Net cash used in operating activities                       (42,602)           (113,993)         (4,387,529)
                                                      ----------------    ----------------    ----------------


CASH FLOWS FROM INVESTING ACTIVITIES
  Payment for patent licensing costs                                -                   -             (31,723)
  Purchase of property and equipment                                -                (330)         (2,210,464)
  Proceeds from sale of property and
   equipment                                                        -              10,941              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                                             -              10,611          (2,300,480)
                                                      ----------------    ----------------    ----------------
CASH FLOWS FROM FINANCING ACTIVITIES
  Payment of loan costs                                             -                   -              (5,448)
  Loans from stockholder                                       50,475              59,707           2,723,632
  Proceeds from note payable                                        -                   -             290,000
  Payment on note payable                                      (8,055)                  -             (72,535)
  Proceeds from sale of common stock
   and exercise of stock options                                    -                   -           2,619,563
  Payments for stock recissions                                     -                   -            (134,170)
  Sale of stock subject to recission
   for cash                                                         -                   -           1,267,020
                                                      ----------------    ----------------    ----------------
  Net cash provided by financing
   activities                                                  42,420              59,707           6,688,062
                                                      ----------------    ----------------    ----------------

    Net increase (decrease) in cash                              (182)            (43,675)                 53

Cash - beginning of period                                        235              43,739                   -
                                                      ----------------    ----------------    ----------------
Cash - end of period                                  $            53     $            64     $            53
                                                      ================    ================    ================
SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION:
    Cash paid during the period
     Interest                                         $         7,883     $             -     $       135,706

</TABLE>

SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING ACTIVITIES:

The President/Majority Stockholder exercised 476,190 options to purchase stock,
during the period ended March 31, 2002, at a price of $0.50 per share by
forgiving debt of $238,095.

                          UNITREND, INC. AND SUBSIDIARY
                          (Development Stage Companies)

             CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
                    For the Six Months Ended June 30, 2002
                     And For the Year Ended December 31, 2001
                                   (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, 2000       69,895,580   3,557,503   8,023,695   (10,667,395)     913,803

Net loss - 2001                 -           -          -      (431,989)      (431,989)
                        ----------  ----------  ----------  -------------  -----------
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 for the
  period ended June
  30, 2002                       -           -           -      (111,872)    (111,872)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
JUNE 30, 2002          70,371,770  $3,795,598  $8,023,695  $(11,211,256)  $  608,037

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

</TABLE>



                           UNITREND, INC. AND SUBSIDIARY
                                    FORM 10-Q SB
                           QUARTER ENDED JUNE 30, 2002
         NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

BASIS OF PRESENTATION
The  condensed  consolidated  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  consolidated  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 and six month periods ended June 30, 2002.  The results for the three  and
six  month  periods  ended  June 30, 2002 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  to produce  computer
enclosures for 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 development of  the enclosures.   As of  June 30,  2002,  expenses  incurred
have been primarily for administrative support,  tooling and product development
of  the  enclosures  that  will  ultimately  be sold,  which  has resulted in an
accumulated deficit in the development stage of approximately $11,211,000.

On  April  16,  1998,   the  Company   formed   another  entity  called  Osborne
Manufacturing, Inc. (OMI).   The Company owns sixty percent of OMI and a current
employee  of  OMI  owns  the  remaining forty percent.   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.

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.

PRINCIPLES OF CONSOLIDATION
The  consolidated  financial statements are  on  the accrual basis of accounting
and  include  the  financial  statements  of  the  Parent  for the  period ended
March 31, 2002 (unaudited)  and 2001 (unaudited),  in entirety, and  include the
financial  statements of its  60% owned Subsidiary.  All  material  intercompany
balances and transactions are eliminated in consolidation.

RELATED PARTY PAYABLE
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
June 30, 2002  and  December 31, 2001,  the  outstanding  balance  of  the note
payable  to  the   President/majority  stockholder  was  $63,683  and  $251,303,
respectively.  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.

CONTINGENCIES
The Company is a defendant in one lawsuit by a stockholder.  Management believes
that  it  will  ultimately  prevail  in  this  legal action and accordingly,  no
provision  for  the  amount of any  award  has been recorded in the accompanying
financial statements.

NEW ACCOUNTING PRONOUNCEMENT

None

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

RESULTS OF OPERATIONS - SECOND QUARTER OF 2002 COMPARED TO SECOND QUARTER
OF 2001

The  Company  did  not  have  revenues during the quarter ended June 30, 2002 or
during  the  quarter  ended  June 30, 2001.   We  expect to  begin  selling  the
VersaCase in early  2003.

We  had an  operating loss  of $38,113 during the quarter ended June 30, 2002 as
compared  to  an  operating  loss  of $116,033 during the quarter ended June 30,
2001, a  decrease of 67%.  As discussed below, the operating loss  decreased due
to a reduction in selling, general and administrative expenses.

Selling,  general  and  administrative  expenses decreased to $38,113 during the
quarter  ended June 30, 2002 as  compared to $116,033 for the quarter ended June
30, 2001, a  decrease of 67%.   This change was due  primarily to a  decrease in
advertising, rent expense  and professional fees of approximately $73,700 during
the quarter ended June 30, 2002  as compared to the quarter ended June 30, 2001.
Other  decreases in  miscellaneous  office expenses and  utilities and telephone
expense  were  approximately  $1,200  and  $1,100,  respectively  as the Company
continued its efforts to cut costs to decrease the Company's need for cash.  The
Company did not incur any significant  increases during the  quarter ended  June
30, 2002 as compared to the quarter ended June 30, 2001.

There  were no stock  options granted  to non-employees  during the three months
ended June 30, 2002 or during the three months ended June 30, 2001.

RESULTS OF OPERATIONS - FIRST SIX MONTHS OF 2002 COMPARED TO FIRST SIX MONTHS OF
2001

The Company did not have  revenues during  the six months ended June 30, 2002 or
during  the six  months  ended  June 30, 2001.   We expect to  begin selling the
VersaCase in early 2003.

We had an  operating  loss of $101,105 during the six months ended June 30, 2002
as compared  to an  operating  loss of $266,519 during the six months ended June
30, 2001,  a decrease of  62%.   As  discussed  below, this  change  is due to a
decrease in selling, general and administrative expenses.

The Company did not have research and development expenses during the six months
ended June 30, 2002 or for the six months ended June 30, 2001.   We believe that
research and development expenses will increase as we go forward.

Selling, general and administrative  expenses decreased to  $101,105  during the
six months  ended June 30, 2002  as  compared to $266,519  during the six months
ended  June  30, 2001, a  decrease of 62%.   This change was  due primarily to a
decrease in  advertising costs, professional fees, contract labor costs and rent
expense  of approximately  $149,000 during the six months ended June 30, 2001 as
compared to the six months ended June 30, 2000.   Other significant decreases in
utilities  and  telephone  expenses,  insurance  expense,  office  expenses  and
promotional  materials  were  approximately  $12,900 $10,000, $2,800 and $2,300,
respectively  as the Company  continued its efforts to cut costs to decrease the
Company's  need for cash.   The Company  saw no significant increases during the
six  months  ended  June 30, 2002  as  compared to the six months ended June 30,
2001.

There were no stock options granted to non-employees during the six months ended
June 30, 2002 or during the six months ended June 30, 2001.


LIQUIDITY AND CAPITAL RESOURCES

The Company has financed its operations since inception primarily through public
and  private  sales  of  equity  securities,  as  well as through loans from its
President/majority  stockholder, Conrad A.H. Jelinger.  As of June 30, 2002, the
Company's  cash  totaled  $53.   Loans  from  Mr. Jelinger during the six months
ended June 30, 2002 totaled $50,475.  Accounts payable increased to $554,833 for
the  six months  ended June 30, 2002  compared to $502,970 at years end December
31, 2001.

Primary uses  of cash for the six months ended  June 30, 2002  included  $42,602
for  the  Company's  operations  and  working capital requirements.  For the six
months  ended June 30, 2001, primary  uses of cash for  the Company's operations
and working capital requirements totaled $113,993.

Our future capital requirements will depend upon numerous factors, including the
amount of revenues generated from operations,  the  cost of  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 to commence manufacturing
through the advancement of monies by its founder.  While funds advanced from the
founder may enable the company to commence 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 technology
leadership;   increasing  market  share;  acquiring   other  business  entities;
leveraging  strategic  relationships;  and  the  recruiting and retaining of key
personnel.

MAINTAINING TECHNOLOGY 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. Once VersaCase is 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
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

Two former employees,  spouses to each other,  filed suit against the company in
April 2000 requesting the return of their investment of $250,000.   The suit was
filed  in  the  United  States  District  Court in Hawaii  based on Hawaii state
securities law.  The United States District Court in  Hawaii removed the case to
the  United States District Court in Ohio for lack of jurisdiction.  The Company
believes this lawsuit has no merit and intends to vigorously defend itself.

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.        Exhibit

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:  August 14, 2002 By:  /S/ CONRAD A.H. JELINGER:
                             _________________________
                             Conrad A.H. Jelinger

                             Chief Executive Officer,
                             Interim  Chief Financial Officer
                             and President