SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, DC 20549

                             FORM 10-QSB

(Mark One)

[X]     Quarterly report under Section 13 or 15(d) of the Securities
Exchange Act of 1934

        For the quarterly period ended June 30, 1998

[   ]   Transition report under Section 13 or 15(d) of the Exchange Act

        For the transition period from __________ to __________

Commission file number O-23859


                   AMERICAN CUSTOM COMPONENTS, INC.
  (Exact Name of Small Business Issuer as Specified in Its Charter)


                     Nevada                                 81-0478643

        (State or Other Jurisdiction of                   (IRS Employer
         Incorporation or Organization)                   identification No.)



                       3310 W. MacArthur Blvd.
                         Santa Ana, CA 92704
               (Address of Principal Executive Offices)
                                   
                            (714) 662-2080
           (Issuer's Telephone Number, Including Area Code)




        (Former Name, Former Address and Former Fiscal Y ear,
                    if Changed Since Last Report)

       Check whether the issuer: (1) filed all reports required to
be filed by Section 13 or 15(d) of the Exchange Act during the past
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                   No           X     

       State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest practicable
date: As of June 30, 1998, there were 10,789,292 shares of common
stock outstanding.

<PAGE>

                   AMERICAN CUSTOM COMPONENTS, INC.

                                INDEX
                                                                  Page

Part I  Financial Information

Item 1. Financial Statements

        Balance sheet as of June 30, 1998 (unaudited). . . .      3

               Statements of operations for the three months ended 
        June 30, 1998 and 1997 (unaudited) . .      4

        Statements of cash flows for the three months ended
        June 30, 1998 and 1997 (unaudited) . .      5

Item 2.        Managements Discussion and Analysis or Plan of 
               Operation . . .       6


Part II        Other Information

Item 1. Legal Proceedings. . . . . . .      6

Item 2. Changes in Securities. . . . .      6

Item 3. Defaults Upon Senior Securities. . . .      7

Item 4. Submission of Matters to a Vote of Security Holders. . .       7

Item 5. Other Information. . . . . . .      7

Item 6. Exhibits and Reports on Form 8-K . . .      7

<PAGE>

                    PART I - FINANCIAL STATEMENTS

Item 1. Financial Statements

                   AMERICAN CUSTOM COMPONENTS, INC.

                            BALANCE SHEET
                                                    June 30, 1998

                                ASSETS

Current Assets:
       Cash                                         $  37,163
       Accounts receivable, net                       192,261
       Inventories                                    149,058
        Total current assets                          378,482
Property and equipment, net                           813,225
Other assets                                          296,918

Total assets                                        1,488,625

            LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current liabilities:
       Accounts payable                               233,348
       Bank overdraft                                       0
       Line of Credit                                  40,179
       Notes payable, current                         346,575
       Income taxes payable                             3,200
        Total current liabilities                     623,302
Notes payable, net of current portion                 273,475

Total liabilities                                     896,777

Commitments and contingencies
Shareholders' equity (deficit)
       Common stock ($0.001 par value; 25,000,000
       shares authorized; 10,789,292 shares issued
       and outstanding as of June 30, 1998)            10,789

       Additional paid-in capital                   1,545,008
       Accumulated deficit                           <963,949>

Total shareholders' equity (deficit)                  591,848

Total liabilities and shareholders' equity (deficit) 1,488,625


<PAGE>

                   AMERICAN CUSTOM COMPONENTS, INC.

                       STATEMENTS OF OPERATIONS

                                     Three months         Three months
                                     ended June 30, 1998  ended June 30, 1997   

Net sales                            $  408,780            972,965
Cost of sales                           216,653            506,775

Gross profit                            192,127            466,190
Operating costs and expenses:
       Wages and salaries                89,353             91,578
       Options compensation expense           0                  0
       Selling and promotion             31,350             11,530
       Insurance                         35,989             41,732
       Professional fees                 27,335             92,862
       Depreciation and 
           amortization expense          27,635             47,100
       Research and development               0                  0
       Other operating expenses           3,500            140,656
        Total costs and expenses        215,162            425,458
Income (loss) from operations           <23,035>            40,732

Other expense:
       Interest expense                       0             31,525

Income (loss) before provision 
   for taxes                            <23,035>             9,207

Provision for income taxes                    0                800

Net income (loss)                       <23,035>             8,407
Earnings (loss) per share - basic             <.002>          1.12
Weighted average number of shares
outstanding - basic                   9,726,572              7,447

<PAGE>

                   AMERICAN CUSTOM COMPONENTS, INC.

                       STATEMENTS OF CASH FLOWS
 
                                        Three months         Three Months
                                        ended June 30, 1998  ended June 30, 1997

Cash flows from operating activities:

  Net income (loss)                     $< 23,035>              8,407

  Adjustments to reconcile 
  income (loss) to net cash
  provided by operating 
  activities:
     Depreciation and amortization        27,635               47,100
     Uncollectible accounts receivable         0                    0
     Compensation expense resulting
     from the granting of options              0                    0

  Decrease (increase) in assets:
     Accounts receivable                <112,087>            <108,163>
     Inventories                          78,407              <35,480>
     Other assets                              0                   80

  Increase in liabilities
     Accounts payable                   <223,629>               7,887
     Line of credit                            0                    0
     Income taxes payable                   <800>              21,248

Cash used in operating activities       <253,509>             <58,921>         
Cash flows used in investing activities:             
    Acquisition of property and equipment<88,889>             <98,025>
    Increase in other assets                   0                    0
Cash used in investing activities        <88,889>             <98,025>

Cash flows provided by (used in) 
financing activities:
    Principal reduction of notes payable       0                    0
    Proceeds from notes payable                0                    0
    Issuance of common stock             248,443              224,925

Cash provided by financing activities    248,443              224,443

Net increase (decrease) in cash          <93,955>              68,875
Cash, beginning of period                131,118                    0
Cash, end of period                       37,163                    0


<PAGE>

Item 2.        Managements Discussion and Analysis or Plan of Operation

Results of Operations

       During the first three months of the Company's fiscal year,
the Company focused a significant amount of resources on recovering
from the loss of two major customers who experienced financial
difficulty.  The loss of these two customers, as well as expansion
costs, resulted in a shortage of cash flow for the period.

       Net Sales decreased from $972,965 for the three months ended
June 30, 1997 to $408,780 for the three months ended June 30, 1998. 
This decrease was due primarily to the customer loss as described
above.  During those same periods, selling and promotion expenses
increased from $11,530 to $31,350 as the Company attempted to
recover from the loss of those two major customers.

                     PART II - OTHER INFORMATION

Item 1.        Legal Proceedings

       The Company is presently, has been, and may from time to time
be involved in various claims, lawsuits, disputes with third
parties, actions involving allegations of discrimination, or breach
of contract actions incidental to the operation of its business. 
The Company is not currently involved in any such litigation which
it believes could have a materially adverse effect on its financial
condition or results of operations.

Item 2. Changes in Securities

       In April 1998, the Company sold an aggregate of 14,000
restricted shares of common stock under Rule 506 of Regulation D and
Section 4(2) of the Securities Act of 1933 to the Victor M. DiMattia
Revocable Trust, an accredited investors, for $1.75 per share,
resulting in net proceeds to the Company of $24,500.

       In May 1998, the Company sold an aggregate of 80,000 shares
of common stock under Section 4(2) of the Securities Act of 1933 to
Dremer Holdings, S.A., an accredited investor, for $1.25 per share,
resulting in net proceeds to the Company of $100,000.

       In May 1998, the Company issued 8,571 shares of restricted
common stock to MRC Legal Services Corporation, an accredited
entity, in consideration for the cancellation of outstanding open
account indebtedness.  This issuance was exempt under Section 4(2)
of the Securities Act of 1933.

       In June 1998, the Company issued an aggregate of 40,000
shares of restricted common stock to Harold James Prow and Miguel
Gill, both sophisticated individuals given full access to the books
and records of the Company, as consideration for deferred
compensation.  The issuance was exempt under Rule 506 and Section
4(2) of the Securities Act of 1933.

<PAGE>

       In June 1998, the Company issued an aggregate of 100,000
shares of restricted common stock to Charles Rosenblum, an
accredited investor, pursuant to an exercise of options issued under
Rule 506 and Section 4(2) of the Securities Act of 1933.

       In June 1998, the Company issued an aggregate of 10,000
shares of restricted common stock to Hal Gardner, an accredited
investor, as consideration for deferment of interest on a promissory
note.  The issuance was exempt under Rule 506 and Section 4(2) of
the Securities Act of 1933.

       In June 1998, the Company issued 952,381 shares of restricted
common stock to Primex U.S.A., Inc., an accredited investor, in
anticipation of the purchase of those shares at a price of $0.50 per
share.  The issuance was exempt under Rule 506 and Section 4(2) of
the Securities Act of 1933.

Item 3. Defaults Upon Senior Securities

       None.

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

       No matters were submitted to the security holders for a vote.

Item 5. Other Information

       There is no other information deemed material by management
for disclosure herein.

Item 6. Exhibits and Reports on Form 8-K

       (a)     Exhibits

               None.

       (b)     Reports on Form 8-K

               None.
<PAGE>


                              SIGNATURES

       In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                              AMERICAN CUSTOM COMPONENTS, INC.


Dated: March 26, 1999            /s/ John Groom                     
                              ________________________________             
                              By:    John Groom
                              Its:   President