SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.  20549



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

                   For quarterly period ended September 30, 2003

                                       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 September 30, 2003:  70,371,770


                                    UNITREND, INC.
                                     FORM 10-QSB
                          QUARTER ENDED SEPTEMBER 30, 2003

                                Table of Contents

PART I    FINANCIAL INFORMATION                                            Page

Item 1.   Condensed Financial Statements

          Condensed  Balance Sheets at September 30, 2003 and December 31,
          2002............................................................    3

          Condensed Statements of Operations for the three and nine months
          ended September 30, 2003, 2002 and for the period from September
          27, 1994 (date of inception) to September 30, 2003..............    4

          Condensed  Statements  of Cash  Flows for the nine months  ended
          September 30,  2003, 2002 and  for the period from September 27,
          1994 (date of inception) to September 30, 2003..................    5

          Statements  of  Stockholders' Equity  for the nine months  ended
          September  30, 2003 and for the years  ended  December 31, 2002,
          2001, and 2000..................................................    6

          Notes to Condensed 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 nine months ended
September 30, 2003.   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)
                                                     September 30, 2003         2002
                                                      ----------------    ----------------
<S>                                                   <C>                 <C>
CURRENT ASSETS
  Cash                                                $           646     $            52
                                                      ----------------    ----------------

PROPERTY AND EQUIPMENT, at cost
  Land                                                         67,485              67,485
  Building and improvements                                   351,168             351,168
  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                       1,500,985           1,469,429
                                                      ----------------    ----------------
                                                            2,198,616           2,167,059
  Less accumulated depreciation                              (289,177)           (273,925)
                                                      ----------------    ----------------
    Net property and equipment                              1,909,439           1,893,134
                                                      ----------------    ----------------

OTHER ASSETS
  Patent licensing costs,
    net of accumulated amortization                            23,356              24,942
  Loan costs, net of accumulated amortization                       -                 545
                                                      ----------------    ----------------
    Total other assets                                         23,356              25,487
                                                      ----------------    ----------------



    TOTAL ASSETS                                      $     1,933,441     $     1,918,673
                                                      ================    ================


                       LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITES
  Accounts payable                                    $       646,260     $       624,954
  Current portion of note payable                             190,163             211,313
  Accrued expenses                                          1,408,728           1,314,288
                                                      ----------------    ----------------
    Total current liabilities                               2,245,152           2,150,555
                                                      ----------------    ----------------

NOTES PAYABLE - RELATED PARTIES                               297,723              99,145
                                                      ----------------    ----------------


STOCKHOLDERS' EQUITY
  Common stock, no par value                                3,795,598           3,795,598
  Additional paid-in capital                                8,023,695           8,023,695
  Deficit accumulated in the development stage
                                                          (12,428,727)        (12,150,321)
                                                      ----------------    ----------------

    Total stockholders' equity                               (609,434)           (331,028)
                                                      ----------------    ----------------
    TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY                                          $     1,933,441     $     1,918,673
                                                      ================    ================

</TABLE>


                                 UNITREND, INC.
                          (A Development Stage Company)
                             STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>                                                                                                   (unaudited)
                                (unaudited)        (unaudited)         (unaudited)        (unaudited)    September  27, 1994
                            Three Months Ended Three Months Ended  Nine Months Ended  Nine Months Ended  (Date of Inception)
                                Sept 30, 2003     Sept 30, 2002      Sept 30, 2003      Sept 30, 2002     to Sept 30, 2003
                              ----------------   ----------------   ----------------   ----------------   ----------------
<S>                           <C>                <C>                <C>                <C>                <C>
Sales                         $             -    $             -    $             -    $             -    $           603

Research and development
  expenses                            (12,258)                  -           (36,258)                 -           (566,201)
Selling, general and
  administrative expenses             (83,540)           (50,800)          (213,208)          (151,905)       (11,526,477)
                              ----------------   ----------------   ----------------   ----------------   ----------------

Operating loss                        (95,798)           (50,800)          (249,466)          (151,905)       (12,092,075)

Interest income                             -                  -                  -                  -              1,546

Interest expense                      (10,278)            (7,593)           (28,940)           (18,360)          (314,230)
                              ----------------   ----------------   ----------------   ----------------   ----------------
Net loss before cumulative
  effect of change in
  accounting principle               (106,076)           (58,393)          (278,406)          (170,265)       (12,404,759)

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

Net loss                      $      (106,076)   $       (58,393)   $      (278,406)   $      (170,265)   $   (12,428,727)
                              ================   ================   ================   ================   ================

Basic and diluted loss
  per share:

Before cumulative effect
  of change in accounting
  principle                   $         (0.00)   $         (0.00)   $         (0.00)   $         (0.00)   $         (0.18)

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


 Net loss                     $         (0.00)   $         (0.00)   $         (0.00)   $         (0.00)   $         (0.18)
                              ================   ================   ================   ================   ================

Weighted average shares
  outstanding used to compute
  basic and diluted loss per
  share                            70,371,770         70,371,770         70,371,770         70,333,396         67,926,782
                              ================   ================   ================   ================   ================

</TABLE>

                                  UNITREND, INC.
                           (A Development Stage Company)

                              STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                                (unaudited)
                                                        (unaudited)         (unaudited)      September 27, 1994
                                                      Nine Months Ended   Nine Months Ended  (Date Of Inception)
                                                        Sept 30, 2003       Sept 30, 2002     to Sept 30, 2003
                                                      ----------------    ----------------    ----------------
<S>                                                   <C>                 <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss                                            $      (278,406)    $      (170,265)    $   (12,428,727)
                                                      ----------------    ----------------    ----------------

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                                17,383              21,618             328,764
    Loss on disposal of property
     and equipment                                                  -                   -              12,893
    Bad debt                                                        -                   -              42,157
    Accrued interest income                                         -                   -              (3,091)
    Common stock issued for services                                -                   -              10,000
  Increase in operating liabilities:
    Accounts payable                                           21,306              80,747             646,260
    Accrued expenses                                           94,440               7,437           1,478,670
                                                      ----------------    ----------------    ----------------
    Total adjustments                                         133,129             109,802           7,866,610
                                                      ----------------    ----------------    ----------------
  Net cash used in operating activities                      (145,277)            (60,463)         (4,562,117)
                                                      ----------------    ----------------    ----------------


CASH FLOWS FROM INVESTING ACTIVITIES
  Payment for patent licensing costs                                -                   -             (31,723)
  Purchase of property and equipment                          (31,556)                  -          (2,242,020)
  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                                       (31,556)                  -          (2,332,036)
                                                      ----------------    ----------------    ----------------
CASH FLOWS FROM FINANCING ACTIVITIES
  Payment of loan costs                                             -                   -              (5,448)
  Loans from stockholder                                      198,577              71,538           2,957,671
  Proceeds from note payable                                        -                   -             290,000
  Payment on note payable                                     (21,150)            (11,277)            (99,837)
  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                                                 177,427              60,261           6,894,799
                                                      ----------------    ----------------    ----------------

    Net increase (decrease) in cash                               594                (202)                646

Cash - beginning of period                                         52                 235                   -
                                                      ----------------    ----------------    ----------------
Cash - end of period                                  $           646     $            33     $           646
                                                      ================    ================    ================
SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION:
    Cash paid during the period
     Interest                                         $        16,975     $        10,922     $       158,790

</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.
                          (A Development Stage Company)

                    STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
                    For the Nine Months Ended September 30, 2003
               And For the Years Ended December 31, 2002, 2001 and 2000
                                   (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 - 2002                 -           -           -       (111,872)    (111,872)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
DECEMBER 31, 2002       70,371,770   3,795,598   8,023,695   (12,150,321)    (331,028)

Net loss for the
  period ended
  September 30, 2003             -           -           -      (278,406)    (278,406)
                        ----------  ----------  ----------  -------------  -----------
BALANCE -
SEPTEMBER 30, 2003      70,371,770  $3,795,598  $8,023,695  $(12,428,727)  $ (609,434)

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

</TABLE>



                                 UNITREND, INC.
                                  FORM 10-QSB
                         QUARTER ENDED SEPTEMBER 30, 2003
               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 and
nine month periods ended September 30, 2003.  The results for the three and nine
month  periods  ended  September 30, 2003 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, power supplies  and related  products 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 its products. To date,
the  Company  has  been  issued  seven  United  States patents with three 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  six  registered
trademarks and service marks.   As of September 30, 2003, expenses incurred have
been  primarily for administrative support,  tooling and product  development of
the enclosures, power supplies and wire management systems that will  ultimately
be sold, which has resulted in  an accumulated  deficit in the development stage
of approximately $12,429,000.

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.

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
There were unsecured notes  payable to the President/majority stockholder, which
accrue 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
September 30, 2003 and  December 31, 2002, the outstanding balances of the notes
payable  to  the  President/majority  stockholder  were  $297,723  and  $99,145,
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 an addition to contributed capital.

NEW ACCOUNTING PRONOUNCEMENT

None

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

RESULTS OF OPERATIONS - THIRD QUARTER OF 2003 COMPARED TO THIRD QUARTER OF 2002

The Company did not have revenues during the quarter ended September 30, 2003 or
during  the quarter  ended September 30, 2002.   In the fourth  quarter 2003, we
have begun to produce and sell the Cablety wire management system and anticipate
not being classified as a development stage enterprise.

We had an operating loss of $95,798 during the quarter ended  September 30, 2003
as  compared  to  an  operating  loss  of  $50,800   during  the  quarter  ended
September 30, 2002, an increase of 89%.   As discussed below, the operating loss
grew  due to increases in research and development expenses and selling, general
and administrative expenses.

The  Company  had $12,258 in  research and development expenses during the three
months  ended  September 30, 2003 as compared to zero for the three months ended
September 30, 2002.   We  believe  that  research  and development expenses will
increase as we go forward due  to a  contract  entered into with 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 produce the Cablety, our first product that  has  now
been  made available  to the market in  the fourth  quarter of  2003 and for the
final  product  development  and  production  of  the  Stable  power  supply and
VersaCase.

There  was  an  increase of  $31,556 spent on tooling  in the three months ended
September 30, 2003 as compared to zero spent in the three months ended September
30, 2002.  The  increase  is due to the  launch of the primary tool used for the
production of the Cablety wire management system.  We anticipate that there will
be an increase in  tooling costs as we move forward with the production phase of
our products.

Selling,  general  and  administrative  expenses increased to $83,540 during the
quarter ended September 30, 2003  as compared  to $50,800 for the  quarter ended
September 30, 2002,  an increase of 64%.    This  change was due primarily to an
increase  in  payroll expense and professional fees of approximately $45,500 and
$12,800 incurred during the quarter  ended September 30, 2003 as compared to the
quarter  ended  September  30, 2002.   The  Company  did  not  incur  any  other
significant increases during the quarter ended September 30, 2003 as compared to
the quarter ended September 30, 2002.   The  Company  experienced  decreases  in
consulting  expense  and telephone  expense that  were approximately $25,000 and
$880, respectively as the Company continued its efforts to cut costs to decrease
the Company's need for cash.

During the quarters  ended September 30, 2003  and September 30, 2002 there were
no stock options granted under our 1999 Stock Option Plan.

RESULTS OF OPERATIONS FIRST NINE MONTHS OF 2003 COMPARED TO FIRST NINE MONTHS OF
2002

The  Company  did not  have revenues  during the nine months ended September 30,
2003 or during the nine months ended September 30, 2002.   In the fourth quarter
2003,  we have begun to produce and sell  the Cablety wire management system and
anticipate not being classified as a development stage enterprise.

We  had an operating loss of $249,466 during the nine months ended September 30,
2003 as compared to an  operating loss of $151,905 during  the nine months ended
September 30, 2002, an increase of 64%.  As discussed below, this operating loss
increased  due  to  increases  in research and development expenses and selling,
general and administrative expenses.

The  Company  had $36,258 in research  and development  expenses during the nine
months ended  September 30, 2003  as compared  to zero for the nine months ended
September 30, 2002.   We  believe  that  research  and development expenses will
increase as we go forward due to the contract entered into with 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 produce the Cablety, our first product that  has  now
been  made  available  to  the  market in the fourth quarter of 2003 and for the
final  product  development  and  production  of  the  Stable  power  supply and
VersaCase.

There  was  an  increase  of $31,556  spent  on tooling in the nine months ended
September 30, 2003 as compared to zero spent  in the nine months ended September
30, 2002.   The  increase  is due to the launch of the primary tool used for the
production of the Cablety wire management system.  We anticipate that there will
be an increase  in tooling costs as we move forward with the production phase of
our products.

Selling,  general  and  administrative expenses increased to $213,208 during the
nine  months  ended  September  30, 2003 as compared to $151,905 during the nine
months ended  September 30, 2002, an  increase  of 40%.   This  change  was  due
primarily  to  an  increase  in payroll expense of approximately $130,400 during
the nine  months ended September 30, 2003 as compared to the same time period in
2002.  The Company did not incur any other significant increases during the nine
months  ended  September 30, 2003 as compared to the nine months ended September
30,  2002.   Significant  decreases  in consulting  expense,  insurance expense,
telephone expense and contract labor  were approximately $40,000, $4,900, $3,400
and $2,200,  respectively as  the Company  continued its efforts to cut costs to
decrease the Company's need for cash.

There were no stock  options  granted  to  non-employees  during the nine months
ended  September 30, 2003  or during the  nine  months  ended September 30, 2002
under our 1999 Stock Option Plan.


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 September 30, 2003,
the Company's  cash  totaled $646.   Loans from the Mr. Jelinger during the nine
months ended September 30, 2003 totaled $198,577.  Accounts payable increased to
$646,260  for  the  nine months ended September 30, 2003 compared to $624,954 at
year end December 31, 2002.

Primary  uses  of  cash  for  the  nine months ended September 30, 2003 included
$145,277 for the Company's operations and working capital requirements.  For the
nine  months  ended  September  30, 2003, primary uses of cash for the Company's
investing  requirements  totaled $31,556 due to the purchase of the tool used in
the production of the Cablety wire management system.

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 products.  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.   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,  the  Company may seek  investments from
outside sources during the next 24 months.   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

None

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: November 10, 2003 By:  /S/ CONRAD A.H. JELINGER
                             _________________________
                             Conrad A.H. Jelinger

                             Chief Executive Officer,
                             Interim Chief Financial Officer
                             and President