U.S. 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 the quarter ended: September 30, 2003
Commission file no.: 000-30969

                          ONESOURCE TECHNOLOGIES, INC.
            ---------------------------------------------------------
                 (Name of Small Business Issuer in its Charter)


         Delaware                                            65-0691963
---------------------------                         ----------------------------
(State or other jurisdiction of                          (I.R.S. Employer
Incorporation or organization)                           Identification No.)

       7419 East Helm Drive
       Scottsdale, Arizona                                     85260
----------------------------------------             --------------------------
(Address of principal executive offices)                    (zip code)

Issuer's telephone number: (800) 279-0859

Securities to be registered under Section 12(b) of the Act:

  Title of each class                               Name of each exchange
                                                    on which registered

         None                                               None
----------------------------                        ----------------------


Securities to registered under Section 12(g) of the Act:

                    Common Stock, $0.0001 par value per share
            --------------------------------------------------------
                                (Title of Class)

Copies of Communication Sent to:

                               Blume Law Firm, PC
                     11811 North Tatum Boulevard, Suite 1025
                      Phoenix, AZ 85028-1612 (602) 494-7313

     Indicate by 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 X             No __
                     ---

     As of September 30, 2003, there were 37,979,011 shares of voting stock of
the registrant issued and outstanding.


<PAGE>

Part I.

Item 1.  Financial Statements

                          ONESOURCE TECHNOLOGIES, INC.

                     Consolidated Financial Statements as of

                           September 30, 2003 and 2002

                                   (Unaudited)


<PAGE>


ONESOURCE TECHNOLOGIES, INC.

TABLE OF CONTENTS
-----------------
                                                                        Page

CONSOLIDATED BALANCE SHEET
AS OF SEPTEMBER 30, 2003                                                   1

CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002                    2

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR
THE NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002                          3

FOOTNOTES                                                                  4




<PAGE>

<TABLE>
<CAPTION>

ONESOURCE TECHNOLOGIES, INC.
CONSOLIDATED BALANCE SHEET
AS OF SEPTEMBER 30, 2003(UNAUDITED)
------------------------------------------------------------------------------

ASSETS
<S>                                                                                        <C>
CURRENT ASSETS:
    Cash                                                                                   $     49,204
    Accounts receivable                                                                         301,431
    Inventories                                                                                 226,747
    Other current assets                                                                          2,500
                                                                                          ---------------
        Total current assets                                                                    579,882
                                                                                          ---------------

PROPERTY AND EQUIPMENT, net of accumulated depreciation of $ 211,344                             74,524
GOODWILL                                                                                        235,074
DEFERRED INCOME TAXES                                                                           140,187
OTHER ASSETS                                                                                      3,028
                                                                                          ---------------
TOTAL ASSETS                                                                               $  1,032,695
                                                                                          ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES:

    Accounts payable                                                                      $      93,778
    Accrued expenses and other liabilities                                                      344,635
    Deferred revenue                                                                            199,461
    Current portion of debt                                                                     974,762
                                                                                          ---------------
         Total current liabilities                                                            1,612,636
                                                                                          ---------------


INSTALLMENT NOTES - LONG-TERM PORTION                                                                 0

                                                                                          ---------------
TOTAL LIABILITIES                                                                             1,612,636
                                                                                          ---------------

STOCKHOLDERS' DEFICIT:
    Preferred Stock, $.001 par value, 1,000,000 shares authorized, none issued
    Common Stock, $.001 par value, 50,000,000 shares authorized, 37,979,011                           -
       issued and outstanding at September 30, 2003                                              37,979
    Paid in capital                                                                           2,758,182
    Accumulated deficit                                                                      (3,376,102)
                                                                                          ---------------
                                                                                               (579,941)
                                                                                          ---------------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                $  1,032,695
                                                                                          ===============
</TABLE>


         The accompanying notes are an integral part of this statement.


<PAGE>
<TABLE>
<CAPTION>


ONESOURCE TECHNOLOGIES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30 (UNAUDITED)
----------------------------------------------------------------------


                                                      3RD QTR       3RD QTR           YTD           YTD
                                                       2003          2002             2003         2002
                                                    -------------------------------------------------------
<S>                                                 <C>           <C>           <C>           <C>
REVENUE, net                                        $ 802,210     $ 759,615     $  2,350,289  $  2,159,456
COST OF REVENUE                                       480,663       491,912        1,432,779     1,392,013
                                                      -----------------------------------------------------
                    GROSS PROFIT                      321,547       267,703          917,510       767,443

GENERAL AND ADMINISTRATIVE EXPENSES                   200,871       193,417          682,701       640,744
SELLING AND MARKETING EXPENSES                         82,057         1,500          132,701        19,486
                                                      -----------------------------------------------------
                    Operating income                   38,619        72,786          102,108       107,213

OTHER INCOME (EXPENSE):

   Interest expense                                   (38,609)      (35,059)        (105,004)      (99,891)
   Other income (expense)                              (1,270)       (1,098)          (2,435)      (27,589)
   Loss from litigation settlements                   (16,813)            -         (109,581)            -
                                                      -----------------------------------------------------
                    Total other expense               (56,692)      (36,157)        (217,020)     (127,480)

                                                      -----------------------------------------------------
NET INCOME (LOSS)                                     (18,073)       36,629         (114,912)      (20,267)
                                                      =====================================================

NET INCOME PER SHARE -
                    Basic                             $    **      $     **        $      **     $      **
                    Diluted                           $    **      $     **        $      **     $      **

Weighted Average Shares Outstanding:

                    Basic                          37,870,315    25,940,650       34,628,876    25,065,002
                    Diluted                        37,870,315    26,048,650       34,628,876    25,065,002

                  **Less than $0.01 per share

</TABLE>


        The accompanying notes are an integral part of these statements.




<PAGE>

<TABLE>
<CAPTION>

ONESOURCE TECHNOLOGIES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS FOR
THE NINE MONTHS ENDED SEPTEMBER 30 (UNAUDITED)
----------------------------------------------
                                                                                              2003              2002
                                                                                         -----------------------------
CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                                                       <C>             <C>
      Net loss                                                                           $(114,912)       $  (20,267)
      Adjustments to reconcile net loss to net cash used by operations -

               Loss on disposal of fixed assets                                                   -            14,018

               Depreciation and amortization                                                 34,319            51,560

               Stock issuances to consultants for services                                   65,514            20,680

               Non-cash portion of litigation settlements                                    64,254                 -
               Changes in assets and liabilities:

                     Accounts receivable                                                    148,998            57,397

                     Inventory                                                              (19,075)          (16,429)

                     Other current assets                                                     8,004            12,380

                     Other assets                                                                 0            (2,205)

                     Accounts payable                                                       (94,650)         (164,211)

                     Accrued expenses and other liabilities                                  32,505            (3,494)

                     Deferred revenue                                                          (910)           28,845
                                                                                         -----------------------------

                        Net cash provided (used) by operating activities                    124,047           (21,726)
                                                                                         -----------------------------

CASH FLOWS FROM INVESTING ACTIVITIES:
               Purchases of property and equipment                                           (5,060)             (630)
               Proceeds from disposal of equipment                                                -             5,500
                                                                                         -----------------------------
                        Net cash (used) provided by investing activities                     (5,060)            4,870

                                                                                         -----------------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
               Principal payments on capital lease obligations                                    -            (7,425)

               Proceeds from notes payable                                                   15,832           119,000

               Principal payments on notes payable                                         (140,883)          (76,035)
                                                                                         -----------------------------

                        Net cash (used) provided by financing activities                   (125,051)           35,540
                                                                                         -----------------------------

DECREASE IN CASH                                                                             (6,064)           18,684

CASH, beginning of period                                                                    55,267            75,433
                                                                                         -----------------------------

CASH, end of period                                                                       $  49,204         $  94,117
                                                                                         =============================
</TABLE>




        The accompanying notes are an integral part of these statements.


<PAGE>

ONESOURCE TECHNOLOGIES, INC.


NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR
THE NINE MONTHS ENDED SEPTEMBER 30, 2003 and 2002
-------------------------------------------------



     1. BASIS OF PRESENTATION

The unaudited financial statements presented herein have been prepared by the
Company without audit, pursuant the rules and regulations for financial
information. Accordingly, certain information and footnote disclosures normally
included in financial statements prepared in accordance with generally accepted
accounting principles have been omitted. These unaudited financial statements
should be read in conjunction with the financial statements and notes thereto
included in the Company's audited financial statements as of December 31, 2002.
In the opinion of management, these Unaudited financial statements reflect all
adjustments which are necessary to present fairly the financial position and
results of operations of the Company for such interim period. Operating results
for the interim period are not necessarily indicative of results that may be
expected for the entire year.




     2. STOCKHOLDERS' DEFICIT AND LITIGATION SETTLEMENTS

Shares issued for services and litigation settlements in the three and nine
months ended September 30, 2003 were valued based on the fair value of the stock
issued and/or the service rendered. The following table shows the number of
shares issued and the basis of valuation for shares issued in the three and nine
months ended September 30, 2003.
<TABLE>
<CAPTION>

                                               Shares     Cost per
Description                                    Issued       Share          Valuation Basis
-----------                                    ------       -----          ---------------
<S>                                         <C>             <C>          <C>
Issued for services                         9,000,000       0.010        Stock price at commitment date

Issued for litigation settlements             850,000       0.020        Stock price at commitment date

Issued for litigation settlements              75,694       0.020        Stock price at commitment date

Issued for litigation settlements           1,000,000       0.010        Stock price at commitment date

Issued for litigation settlements             200,000       0.035        Stock price at commitment date

</TABLE>


During the quarter ended September 30, 2003, the Company entered into an
agreement with a former service provider to issue 200,000 restricted shares of
common stock. This issuance was made as final consideration for sales and
marketing services performed. The negotiated settlement resulted in a loss of
$7,000 recorded in the quarter ended September 30, 2003.

<PAGE>
During the quarter ended June 30, 2003, the Company entered into two separate
settlement agreements with two current shareholders and former owners of
companies acquired by the Company in 1999. These agreements end all disputes and
litigation among the parties. As part of the settlements the Company agreed to
compensate one of the parties with 925,694 restricted shares of common stock,
$72,000 payable over 24 months, and $42,500 payable in a lump sum on April 1,
2005 and convertible at the holder's option into shares of the Company's voting
common stock in accordance with the settlement provisions. The other party was
granted 1,000,000 restricted shares of common stock, $30,000 payable over twelve
months, and $30,000 payable in a lump sum on April 15, 2004 and convertible at
the holder's option into shares of the Company's voting common stock in
accordance with the settlement provisions. As part of the settlement agreements,
both parties agreed to release and indemnify the Company, its officers and
directors from any action or claim relating to the past matters now and in the
future. The negotiated settlements resulted in a loss of $92,768 being recorded
in the quarter ended June 30, 2003.

During the quarter ended September 30 2003, the Company settled a dispute with a
former officer and board member. No legal action had been filed related to this
dispute. A payment of $40,000 was made to this individual in exchange for a
complete release of all current and future claims against the Company. His
employment contract was terminated. The negotiated settlement resulted in a loss
of $9,813 being recorded in the quarter ended September 30, 2003.


     3. BUSINESS SEGMENTS

The Company's revenues are derived from two segments :1) renewable contracts of
equipment maintenance services, and 2) value added equipment supply
distribution. The following table sets forth the operating contributions of each
for the nine months ended September, 2003 and 2002:
<TABLE>
<CAPTION>

                                                 Maintenance          Supplies     Eliminations        Total
2003

<S>                                             <C>                   <C>           <C>          <C>
Revenues                                        $ 1,692,217           $658,072                   $ 2,350,289
Inter-segment sales                                       0                  0                             0
Net loss                                            (41,330)             (73,582)                   (114,912)
Loss from litigation settlements                     36,567               73,014                     109,581
Depreciation and amortization                        26,496                7,823                      34,319
Interest                                            105,007                   (3)                    105,004
Property & equipment purchases                        5,060                    0                       5,060
Total Assets                                    $ 1,355,704            $ 405,502     ($728,511)  $ 1,032,695


2002

Revenues                                        $ 1,576,290            $ 583,166                 $ 2,159,456
Inter-segment sales                                       0                    0                           0
Net loss                                            (26,528)               6,261                     (20,267)
Depreciation and amortization                        44,001                7,559                      51,560
Interest                                             99,049                  842                      99,891
Property & equipment purchases                          630                    0                         630
Total Assets                                    $ 1,408,556              362,058     ($678,265)  $ 1,092,349
</TABLE>


     4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Cash: Cash includes all short-term highly liquid investments that are readily
convertible to known amounts cash and have original maturities of three months
or less.

<PAGE>
Inventories: Inventories consist primarily of used equipment, new and used parts
and supplies and are stated at the lower of cost (specific identification) or
market. Cartridge Care inventories consist of raw materials and finished goods
consisting of remanufactured toner cartridges. Cartridge Care inventories are
stated on a FIFO basis.

Property and equipment: Property and equipment is recorded at cost and
depreciated on a straight-line basis over the estimated useful lives of the
assets ranging from 3 to 10 years.

Goodwill: Goodwill reflects the cost in excess of the fair values assigned to
the underlying net assets of Cartridge Care as of its acquisition date. The
Company adopted Statement of Financial Accounting Standard (SFAS) No. 142,
Goodwill and Other Intangible Assets, effective January 1, 2002. As a result,
the Company discontinued amortization of goodwill, and instead annually
evaluates the carrying value of goodwill for impairment, in accordance with the
provisions of SFAS No. 142. The Company believes that there has been no
impairment of the carrying value of goodwill of $235,074 as of September 30,
2003.

Revenue recognition: The Company recognizes revenue on service contracts pro
rata over the term of the contract or when the service is performed pursuant to
terms of agreements with customers. Sales of parts and equipment are recognized
when shipped or installed. Deferred revenue is recorded for advanced billings
and cash receipts prior to revenue recognition under terms of certain service
contracts.

Income taxes: The Company provides for income taxes in accordance with the
provisions of SFAS No. 109, Accounting For Income Taxes, which among other
things, requires that the recognition of deferred income taxes be measured by
the provisions of enacted tax laws in effect at the date of the financial
statements.

Financial instruments: Financial instruments consist primarily of accounts
receivable, accounts payable, accrued expenses and short-term debt. The carrying
amount of accounts receivable, accounts payable, accrued expenses and short-term
debt approximate fair value due to the short-term maturities of those
instruments.

Net income per share: Net income per share is calculated using the weighted
average number of shares of common stock outstanding during the period. Diluted
net income per share is computed giving effect to the impact of outstanding
stock options.

Use of estimates: The preparation of financial statements in conformity with
accounting principles generally accepted in the United States requires
management to make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ from those
estimates.

Stock-Based compensation: SFAS No. 123, Accounting for Stock-Based Compensation
(SFAS 123), established accounting and disclosure requirements using a
fair-value based method of accounting for stock-based employee compensation. In
accordance with SFAS 123, the Company has elected to continue accounting for
stock-based compensation using the intrinsic value method prescribed by
Accounting Principles Board Opinion No. 25, "Accounting for Stock Issued to
Employees".

Impairment of long-lived assets: The Company reviews long-lived assets and
certain identifiable intangibles for impairment whenever events or changes in
circumstances indicate the carrying amount of an asset may not be recoverable.
Recoverability of assets to be held and used is measured by comparison of the
carrying amount of an asset to future undiscounted cash flows expected to be
generated by the asset. If such assets are considered to be impaired, the
impairment to be recognized is measured by the amount by which the carrying
amount of the assets exceeds the fair value of the assets. Assets to be disposed
of are reported at the lower of the carrying amount or fair value less costs to
sell.


<PAGE>



Item 2.  Management's Discussion and Analysis of Operations

Introduction

The financial results discussed herein include the consolidated operations of
OneSource Technologies, Inc, (hereinafter "OneSource" and/or "the Company") for
the three and nine month periods ended September 30, 2003, and 2002. OneSource
is engaged in two closely related and complimentary lines of technology and
business equipment support activities; 1) equipment maintenance services,
("Maintenance"), and 2) value added equipment supply sales, ("Supplies").
OneSource is a leader in the technology equipment maintenance and service
industry and is the inventor of the unique OneSource Flat-Rate Blanket
Maintenance System(TM). This program provides customers with a Single Source for
all general office, computer and peripheral and industry specific equipment
technology maintenance, installation and supplies products.

Summary of Operations

Revenues have increased while net income has declined in the nine months ended
September 30, 2003 compared to the same period in fiscal 2002. However,
excluding the Loss from Litigation Settlements, the net loss has declined by
over 73% from the year ago period. The following table summarizes the
comparative results for the two periods:
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------
Summary of Operations                                         2003                 2002
------------------------------------------------------------------------------------------
<S>                                                     <C>                  <C>
   Revenues                                             $  2,350,289         $  2,159,456
   Cost of Revenue                                         1,432,779            1,392,013
   Gross Profit                                              917,510              767,443
   Selling General and Administrative Costs                  815,402              660,230
   Operating Income                                          102,108              107,213
   Other Income (Expense)                                   (107,439)            (127,480)
   Loss from Litigation Settlements                         (109,581)                   -
------------------------------------------------------------------------------------------
  Net Loss                                               $  (114,912)        $    (20,267)
------------------------------------------------------------------------------------------
</TABLE>

While consolidated revenues to date have increased by almost nine percent (9%)
in 2003 compared to 2002, consolidated cost of revenues have increased by less
than three percent (3%) resulting in a nineteen percent (19%) increase in gross
profit. This reflects the continuing efforts to control parts costs in the
maintenance division along with a more efficient use of our labor resources.
Changes implemented early in the second quarter of 2002 have shown continuing
improvement through the end of the third quarter 2003 as gross margins of the
maintenance division for the nine months ended September 30, 2003 have increased
to nearly 43% versus 35% for the first nine months of 2002. Management continues
to actively focus on this aspect of the maintenance division in order to
continue to bring down the costs incurred for parts and labor per service call.

Revenues

Consolidated revenues increased nine percent (9%) for the nine-month period
ended September 30, 2003 compared to the same period in 2002. Consolidated
revenues increased six percent (6%) for the three-month period ended September
30, 2003 compared to the same period in 2002. As seen in the following table,
supply division revenues for the nine-month period ended September 30, 2003
increased thirteen percent (13%) compared to 2002, while the maintenance
division revenues increased just over seven percent (7%):

<PAGE>

<TABLE>
<CAPTION>

-----------------------------------------------------------------
<S>                                           <C>            <C>
Revenues                                      2003           2002
-----------------------------------------------------------------
   Maintenance                       $   1,692,217   $  1,576,290
   Supplies                                658,072        583,166
-----------------------------------------------------------------
       Total                         $   2,350,289   $  2,159,456
-----------------------------------------------------------------
</TABLE>

The Company's restructuring and realignment of its maintenance n that was
implemented in the fourth quarter of 2001 continues to show positive trends as
of the end of the third quarter of 2003.

Maintenance revenues have increased seven percent (7%) and five percent (5%) for
the nine-month and three-month periods, respectively, ended September 30, 2003
compared to the same periods in 2002. These increases are the result of added
service commitments from existing customers as well as the addition of a new
contract. This also reflects significant changes the Company has implemented
that have improved maintenance customer satisfaction levels to the highest in
the Company's history. Although the Company is not currently focused on
equipment installation services, to the degree installation opportunities arise
in line with present geographic and staffing resources, the Company will pursue
and engage them; however, in the near-term management is concentrating on the
maintenance and supplies divisions. Now that operational efficiencies and
customer satisfaction levels are substantively improved, management is focusing
greater attention on growing revenues via both current account extensions as
well as through out-bound sales and marketing efforts.

Supply division revenues increased thirteen percent (13%) and nine percent (9%)
for the nine-month and three-month periods, respectively, ended September 30,
2003 compared to the same periods in 2002. Supply division revenues were
positively impacted by the division's web-based distribution delivery system, as
well as the addition of a large new customer, which also entered into a service
agreement with the Company's maintenance division. This new account continues to
generate profitable margins and contribute significant new volume and positive
cash flow.

Gross Margins

Consolidated gross margins for the nine months ended September 30, 2003 have
improved slightly over the nine months ended September 30, 2002. Gross margins
increased to thirty-nine percent (39%) versus thirty-six percent (36%). Improved
inventory control and field service management contributed to the improved
margins. Also contributing to the increase were new revenue opportunities from
existing clients not requiring additional labor. These improvements focused on
strengthening management oversight and information system and process
infrastructures to assure better inventory and call routing and dispatch control
in the maintenance division. While the maintenance division increased its gross
profit margin by eight percent (8%), the supplies divisions gross profit margin
decreased by seven percent (7%). This decrease is a result of the addition of
the customer referenced above who is a wholesale customer versus a retail
customer. Prices for wholesale customers are generally lower, thus generating
lower margins; however, wholesale customer volumes are typically higher than
retail customers.

Consolidated gross margins for the three months ended September 30, 2003
increased from the three months ended September 30, 2002. Gross margins
increased to forty percent (40%) from thirty-five percent (35%). This increase
relates to the addition of a new maintenance customer and also added revenue
from a large existing customer.


<PAGE>
Selling, General and Administrative Costs

General and administrative costs increased approximately $42,000 for the nine
months ended September 30, 2003 compared to the same period in the prior year,
an eight percent (7%) increase. These costs increased $6,000 for the three
months ended September 30, 2003 compared to the same period in the prior year, a
three percent (3%) increase. Despite the increases, these costs have declined
year over year as a percentage of revenues between periods, representing
twenty-nine percent (29%) of gross revenues for the nine months ended September
30, 2003 versus thirty percent (30%) for the same period in the prior year. They
represented twenty-five percent (25%) of revenues for both three-month periods
ended September 30, 2003 and 2002. The following table summarizes the
significant general and administrative cost categories for the nine months ended
September 30, 2003 and 2002:
<TABLE>
<CAPTION>

--------------------------------------------------------------------------
General and Administrative                   2003                     2002
--------------------------------------------------------------------------
<S>                                   <C>                        <C>
   Salaries, Wages and Benefits       $   180,926                $ 353,039
   Facilities                             116,198                  110,368
   Legal and Professional                 258,411                   92,532
   Telecommunication Costs                 55,227                   53,778
   Travel and Entertainment                12,951                   13,900
   Other                                   58,988                   17,127
--------------------------------------------------------------------------
      Total                           $   682,701                $ 640,744
--------------------------------------------------------------------------
</TABLE>

Most of the cost categories have nominal changes for the nine months ended
September 30, 2003 compared to the same period in 2002. The most significant
changes were salaries, wages and benefits and legal and professional costs. The
approximately $165,000 increase in legal and professional expenses is primarily
attributable to the Company's senior management consultants continuing to expand
their role as the Company's strategy is implemented, and to legal fees incurred
related to final settlements on certain litigation, discussed further below. The
approximately $172,000 decrease in salaries, wages and benefits is due primarily
to significant headcount reductions made over the past year as part of the
Company's ongoing restructuring. Overall, the Company's headcount has been
reduced to 29 employees at September 30, 2003 from 35 at the end of 2002 with
most of the reductions being made in the general and administrative category.

The following table summarizes the significant selling and marketing cost
categories for the nine months ended September 30, 2003 and 2002:
<TABLE>
<CAPTION>

--------------------------------------------------------------------
Selling and Marketing                              2003       2002
--------------------------------------------------------------------
<S>                                         <C>          <C>
   Salaries Commissions and Benefits        $   111,769  $  14,016
   Advertising and Promotion                      6,069      4,951
   Travel and Entertainment                      14,863        519
--------------------------------------------------------------------
      Total                                 $   132,701  $  19,486
--------------------------------------------------------------------
</TABLE>

The increase in selling and marketing costs is largely the result of the
Company's efforts to significantly drive new revenue growth by implementing and
supporting the sales and marketing initiatives, now that most of the
operational, infrastructure and management changes made as part of the
restructuring over the past year are largely in place.

The following table summarizes other income (expense) for the nine months ended
September 30, 2003 and 2002:

Interest and Other Income (Expense)
<TABLE>
<CAPTION>

-------------------------------------------------------------------------------
<S>                                                   <C>                <C>
Other Income (Expense)                                2003               2002
-------------------------------------------------------------------------------
   Interest                                    $  (105,004)         $ (99,891)
   Other                                            (2,435)           (27,589)
   Loss from litigation settlements               (109,581)                 -
-------------------------------------------------------------------------------
      Total                                    $  (217,020)         $(127,480)
-------------------------------------------------------------------------------
</TABLE>

Interest cost has remained relatively consistent between periods as the overall
debt level has as well. The most significant item in this category is the loss
on litigation settlements recorded in the nine months ended September 30, 2003.

During the quarter ended September 30, 2003, the Company entered into an
agreement with a former service provider resulting in the issuance of 200,000
restricted shares of common stock. The negotiated settlement resulted in a loss
of $7,000 being recorded in the quarter ended September 30, 2003.

During the quarter ended September 30 2003, the Company settled a dispute with a
former officer and board member. No legal action had been filed related to this
dispute. A payment of $40,000 was made to this individual in exchange for a
complete release of all current and future claims against the Company. His
employment contract was terminated. The negotiated settlement resulted in a loss
of $9,813 being recorded in the quarter ended September 30, 2003.

During the quarter ended June 30, 2003, the Company entered into two separate
settlement agreements with two current shareholders and former owners of
companies acquired by the Company in 1999. These agreements end all disputes and
litigation among the parties. As part of the settlements the Company agreed to
compensate one of the parties with 925,694 restricted shares of common stock,
$72,000 payable over 24 months and $42,500 payable in a lump sum on April 1,
2005 and convertible at the holder's option into shares of the Company's voting
common stock in accordance with the settlement provisions. The other party was
granted 1,000,000 restricted shares of common stock, $30,000 payable over 12
months and $30,000 payable in a lump sum on April 15, 2004 and convertible at
the holder's into shares of the Company's voting common stock in accordance with
the settlement provisions. As part of the settlement agreements both parties
agreed to release and indemnify the Company, its officers and directors from any
action or claim relating to the past matters now and in the future. The
negotiated settlements resulted in a loss of $92,768 recorded in the second
quarter ended June 30, 2003.

<PAGE>
Liquidity and Capital Resources

The following table sets forth selected financial condition information as of
September 30, 2003 compared to December 31, 2002:
<TABLE>
<CAPTION>


-------------------------- -------------------- --------------------
<S>                               <C>                  <C>
   Working Capital                ($1,032,754)         ($1,007,838)
-------------------------- -------------------- --------------------
   Total Assets                    $1,032,695           $1,205,944
-------------------------- -------------------- --------------------
   Debt Obligations                $  974,762           $  985,310
-------------------------- -------------------- --------------------
   Shareholders' Deficit            ($579,941)           ($530,543)
-------------------------- -------------------- --------------------
</TABLE>

Liquidity and capital resources continued to be closely monitored during the
first nine months of 2003. Total costs exceeded revenues throughout the nine
months ended September 30, 2003, but are expected to improve in the last
quarter. If not for the loss from legal settlements of $109,581 and the
associated legal fees, the Company would have been profitable and would have
generated positive cash flow for the nine month ended September 30, 2003. With
these legal issues now entirely behind the Company, management believes it can
continue to improve both cash flow and profitability in the near-term through
continued new business.

In March 2001 the Company and holders of four of the Company's notes payable
that were due in March and September of 2001 entered into Note Deferral and
Extension Agreements wherein each note holder agreed to defer all principal
payments until July 15, 2001. The Company agreed to make a twenty-five percent
(25%) principal payment to each note holder on July 15, 2001. The notes' due
dates were extend to July 15, 2002, but by that date the Company was unable to
make the scheduled partial principle payment or commence making level monthly
principal and interests payments over the remaining twelve-month period of the
notes. As part of that agreement the Company also agreed to increase the
interest rates of the notes from their stated twelve to fourteen percent (12% to
14%) to eighteen percent (18%). The Company has continued to make timely monthly
interest payments to the holders. Further, the Company is in communication with
the holders and management believes it will be able to negotiate an arrangement
that will not adversely impact the Company's continuing operations.

At September 30, 2003, the Company had accrued approximately $47,000 of unpaid
payroll taxes, interest and penalties due the IRS. At the end of June 2002, the
Company submitted required documentation in support of its "Offer In Compromise"
previously filed in 2001 to the IRS. Management believes the Company will be
able to successfully liquidate this liability and that the ultimate outcome will
not have an adverse impact on the Company's financial position or results of
operations.

Employees

At September 30, 2003, the Company employed twenty-nine (29) persons. None of
these employees are represented by a labor union for purposes of collective
bargaining. The Company considers its relation with its employees to be
excellent. The Company plans to employ additional personnel as needed upon
product rollout to accommodate fulfillment needs.

<PAGE>
Research and Development Plans

     The Company believes that research and development for product and service
development is an important factor in its future growth. The equipment service
industry is closely linked to technological advances, which constantly produce
new machinery for use by the public. Therefore, the Company must continually
invest in training on the latest technological advances and the newest equipment
to effectively compete with other companies in the industry. No assurance can be
made that the Company will have sufficient funds to fund such training efforts
to match technological advances as they occur. Additionally, due to the rapid
rate at which technology advances, the Company's equipment and inventory may
become outdated rapidly, preventing or impeding the Company from realizing its
full potential.

Forward-Looking Statements

     Certain statements contained in this quarterly filing, including, without
limitation, statements containing the words "believes", "anticipates", "expects"
and words of similar import, constitute forward-looking statements. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or achievements of
the Company, or industry results, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statement.

     Such factors include, among others, the following: international, national,
and local general economic and market conditions: demographic changes; the
ability of the Company to sustain, manage or forecast its growth; the ability of
the Company to successfully make and integrate acquisitions; raw material costs
and availability; new product development and introduction; existing government
regulations and changes in, or the failure to comply with, government
regulations; adverse publicity; competition; the loss of significant customers
or suppliers; fluctuations and difficulty in forecasting operating results;
changes in business strategy or development plans; business disruptions; the
ability to attract and retain qualified personnel; the ability to protect
technology; and other factors referenced in this and previous filings.

     Given these uncertainties, readers of this Form 10-QSB and investors are
cautioned not to place undue reliance on such forward-looking statements. The
Company disclaims any obligation to update any such factors or to publicly
announce the result of any revisions to any of the forward-looking statements
contained herein to reflect future events or developments.


<PAGE>




PART II

Item 1. Legal Proceedings.

     At September 30, 2003, the Company had no outstanding legal proceedings.
During the quarter ended June 30, 2003, the Company entered into two separate
settlement agreements with two current shareholders and former owners of
companies acquired by the Company in 1999. These agreements end all disputes and
litigation among the parties. As part of the settlements the Company agreed to
compensate one party with 925,694 restricted shares of common stock, $72,000
payable over 24 months and $42,500 payable in a lump sum on April 1, 2005 and
convertible at the holder's option into shares of the Company's voting common
stock in accordance with the settlement provisions. The other party was granted
1,000,000 restricted shares of common stock, $30,000 payable over 12 months and
$30,000 payable in a lump sum on April 15, 2004 and convertible at the holder's
option into shares of the Company's voting common stock in accordance with the
settlement provisions. As part of the settlement agreements both parties agreed
to release and indemnify the Company, its officers and directors from any action
or claim relating to the past matters now and in the future. The negotiated
settlements resulted in a loss of $92,768 recorded in the quarter ended June 30,
2003.

     During the quarter ended September 30, 2003, the Company settled a dispute
with former officer and board member Thomas E. Glasgow. No legal action had been
filed related to this dispute and both parties determined to settle their
differences. Payment of $40,000 was made to Mr. Glasgow in exchange for complete
release of all claims against the Company. His employment contract was
terminated. The negotiated settlement resulted in a loss of $9,813 being
recorded in the quarter ended September 30, 2003.

Item 2. Changes in Securities and Use of Proceeds

     The Company engaged the services of an outsourced management team in
February 2003 from Partners Resource Management, LLC and issued 9 millions of
shares of restricted 144 Common Stock of the Company as an incentive to Partners
Resource Management to participate in the Company. For this offering, the
Company relied upon the 506 Exemption of the Securities Act of 1933 and Section
14-4-140 of the State of Arizona Code.

Item 3. Defaults in Senior Securities

     None.

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

     No matter was submitted during the quarter ending September 30, 2003,
covered by this report to a vote of the Company's shareholders, through the
solicitation of proxies or otherwise.

Item 5. Other Information

     None

<PAGE>
Item 6. Exhibits and Reports on Form 8-K

(a)  The exhibits required to be filed herewith by Item 601 of Regulation S-B,
     as described in the following index of exhibits, are incorporated herein by
     reference, as follows:

Exhibit No.       Description

-------------------------------------------------------------------------------
3.(i).1  [1]     Certificate of Incorporation of L W Global (U.S.A.), Inc.
                 filed August 27, 1996.

3.(i).2  [1]     Certificate of Amendment of Certificate of Incorporation filed
                 January 16, 1997.

3.(i).3  [1]     Certificate of Amendment of Certificate of Incorporation
                 changing name to Micor Technologies, Inc. dated July 28, 1997.

3.(i).4  [1]     Certificate of Amendment of Certificate of Incorporation
                 changing name to OneSource Technologies, Inc. dated
                 August 22, 1997.

3.(ii).1 [1]     Bylaws of L W Global (U.S.A.), Inc.

4.1      [1]     Form of Private Placement Offering of 1,200,000 common shares
                 at $0.01 per share dated September 10, 1996.



4.2      [1]     Form of Private Placement Offering of 300,000 common shares at
                 $0.01 per share dated July 14, 1997.

4.3      [1]     Form of Private Placement Offering of 575,000 common shares at
                 $0.50 per share dated September 17, 1997.

5.1      [4]     Opinion of Mintmire & Associates

10.1     [1]     Share Exchange Agreement between L W Global (U.S.A.), Inc. and
                 Micor Technologies, Inc. dated July 15, 1997.

10.2     [1]     King Soopers Agreement dated September 1, 1998.

10.3     [1]     Attachment B to King Soopers Agreement dated September 1,
                 1998.

10.4     [1]     King Soopers Contract Renewal and Extension dated September 8,
                 1999.

10.5     [1]     Promissory Note by Cossack Financial, LLC in favor of the
                 Company dated March 31, 1999.

10.6     [1]     Agreement to Extend Promissory Note by Cossack Financial, LLC
                 in favor of the Company dated January 3, 2000.

10.7     [1]     Promissory Note by Titan Capital Partners, LLC in favor of the
                 Company dated March 31, 1999.

10.8     [1]     Agreement to Extend Promissory Note by Titan Capital Partners,
                 LLC in favor of the Company dated January 4, 2000.


<PAGE>
10.9     [1]     Share Exchange Agreement with Net Express, Inc. dated
                 April 15, 1999.

10.10    [1]     Stock Redemption Agreement (Exhibit A to Net Express Share
                 Exchange).

10.11    [1]     Employment Agreement (Exhibit B to Net Express Share
                 Exchange).

10.12    [1]     Stock Purchase Agreement with Blackwater Capital Partners ,
                 II, L.P. dated May 26, 1999.

10.13    [1]     Investor Rights Agreement with Blackwater Capital Partners
                 II,L.P. dated May 26, 1999.

10.14    [1]     Share Exchange Agreement with Cartridge Care, Inc. dated
                 September 1, 1999.

10.15    [1]     Lease of Scottsdale, Arizona property dated September 20, 1999.

10.16    [2]     Promissory Note by Micor Technologies, Inc. in favor of
                 William Meger dated November 28, 1995.

10.17    [2]     Promissory Note by Jerry Washburn and others in favor of PF
                 Holdings, Inc. dated July 31, 1997.

10.18    [2]     Form of Note Modification Agreement dated February 2000.


10.19    [2]     Installment Agreement between the Company and the Department
                 of the Treasury of the Internal Revenue Service dated
                 July 2000.

10.20    [2]     Option Agreement between the Company and XCEL ASSOCIATES,
                 Inc, dated June 1, 2000.

10.21    [2]     Agreement For A Finder's Fee between the Company and XCEL
                 ASSOCIATES, Inc. dated June 1, 2000.

10.22    [2]     Business Consulting Agreement between the Company and XCEL
                 ASSOCIATES, Inc. dated June 1, 2000.

10.23    [2]     Term Sheet for loan by the Company from Grace Holdings, Inc.
                 dated June 29, 2000.

10.24    [2]     Letter Agreement between the Company and Maurice Mallette,
                 Judith Mallette and Pasquale Rizzi to escrow shares of the
                 Company dated June 8, 2000.

10.25    [3]     Promissory Note by the Company in favor of Barry Zemel dated
                 August 29, 2000.

10.26    [4]     OneSource Technologies, Inc. Year 2001 Employee/Consultant
                 Stock Compensation Plan.

10.27    [5]     Addendum to City Market Store Equipment Maintenance Contract
                 with King Soopers dated July 15 2001.

10.28    [5]     Subcontractor Agreement with Tecniflex, Inc. dated March 9,
                 2001.
<PAGE>
10.29    [5]     Indemnification Agreement between the Company and Jerry M.
                 Washburn dated January 3 2001.

10.30    [5]     Indemnification Agreement between the Company and Thomas E.
                 Glasgow dated January 3 2001.

10.31    [5]     Employment agreement between the Company and Thomas E.
                 Glasgow dated January 3, 2001.

23.1     [4]     Consent of Marshall & Weber, CPA's, P.L.C.

23.2     [4]     Consent of Mintmire & Associates  (contained in the opinion
                 filed as Exhibit 5.1)

10.32    [6]     Property lease amendment with EJM Development dated 01,
                 July 2002.

10.33    [6]     Property lease with Broadway Business Center dated
                 October 1, 2002.

10.34    [6]     Employment leasing agreement with Gevity HR dated
                 December 26, 2002.

10.35    [7]    Outsource Management agreement with Partners Resource
                Management dated February 13, 2003.

10.36    [8]    Agreement with Maurice and Judith Mallette dated April 1,2003.

10.37    [8]    Agreement with Ahlwyss and Pamela Fulton dated May 19, 2003.

10.38    *      Agreement with Thomas Glasgow dated July 22, 2003.

10.39    *      Accounts Receivable & Security agreement with New Horizon
                Capital, LLC dated July 3, 2003.

10.40    *      Addendum to Accounts Receivable & Security agreement with
                New Horizon Capital, LLC dated July 3, 2003.

31.1     *      Sarbanes-Oxley Act Section 302 (a) Certification - CEO

31.2     *      Sarbanes-Oxley Act Section 302 (a) Certification - CFO

32.1     *      Certification  of Disclosure by the Company's Chief
                Executive Officer

32.2     *      Certification  of Disclosure by the Company's Chief Financial
                Officer

[1]  Filed as an exhibit to the Company Registration Statement on Form 10SB
     filed July 10, 2000.

[2]  Filed as an exhibit to the Company's first amended Registration Statement
     on Form 10SB filed October 13, 2000.

[3]  Filed as an exhibit to the Company's third amended Registration Statement
     on Form 10SB filed January 26, 2001.

[4]  Filed as an exhibit to the Company's Registration Statement on Form S-8
     filed July 25, 2001.

<PAGE>
[5]  Filed as an Exhibit to the Company's Annual Report on Form 10K-SB filed
     April 3, 2002.

[6]  Filed as an Exhibit to the Company's Annual Report on Form 10K-SB filed
     March 26, 2003

[7]  Filed as an Exhibit to the Company's Quarterly Report on Form 10-QSB filed
     May 13, 2003.

[8]  Filed as an Exhibit to the Company's Quarterly Report on Form 10-QSB filed
     August 14, 2003.

(* filed herewith)

     (b) No reports on Form 8-K have been filed.


<PAGE>


                                   SIGNATURES


     In accordance with Section 13 and 15(d) of the Exchange Act, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                    OneSource Technologies, Inc.
                                    (Registrant)


Date: November 14, 2003             By: /s/ Donald E. McIntyre
                                        -------------------------------
                                        Donald E. McIntyre, Chairman


                                    By:  /s/ Michael L. Hirschey
                                        -------------------------------
                                         Michael L. Hirschey,
                                         Chief Executive Officer and Director

                                    By: /s/ Jerry M. Washburn
                                       --------------------------------
                                       Jerry M. Washburn, Director

     Pursuant to the requirements of the Exchange Act, this report has been
signed by the following persons in the capacities and on the dates indicated.

Signature                  Title                      Date


/s/ Donald E. McIntyre     Chairman                   November 14, 2003
----------------------
Donald E. McIntyre


/s/ Michael L. Hirschey    Chief Executive Officer
-----------------------    and Director               November 14, 2003
Michael L. Hirschey


/s/ Jerry M. Washburn      Director                   November 14, 2003
----------------------
Jerry M. Washburn

<PAGE>