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: March 31, 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 85028-602561) 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 March 31, 2003,  there were 35,853,317  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
                             March 31, 2003 and 2002

                                   (Unaudited)

<PAGE>


ONESOURCE TECHNOLOGIES, INC.

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

                                                                         Page
                                                                         ----

CONSOLIDATED BALANCE SHEET
AS OF MARCH 31, 2003                                                       1

CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE
THREE MONTHS ENDED MARCH 31, 2003 AND 2002                                 2

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR
THREE MONTHS ENDED MARCH 31, 2003 AND 2002                                 3

FOOTNOTES                                                                  4

<PAGE>

ONESOURCE TECHNOLOGIES, INC.
CONSOLIDATED BALANCE SHEET
AS OF MARCH, 2003 (UNAUDITED)

ASSETS

CURRENT ASSETS:

    Cash                                                           $   211,436
    Accounts receivable                                                251,390
    Inventories                                                        209,954
    Other current assets                                                 6,836
                                                                   -----------
        Total current assets                                           679,616
                                                                   -----------

PROPERTY AND EQUIPMENT, net of accumulated
   depreciation of $ 187,427                                            94,862
GOODWILL                                                               235,074
DEFERRED INCOME TAXES                                                  140,187
OTHER ASSETS                                                             5,027
                                                                   -----------

TOTAL ASSETS                                                       $ 1,154,766
                                                                   ===========

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES:

    Accounts payable                                               $   159,575
    Accrued expenses and other liabilities                             346,760
    Deferred revenue                                                   203,074
    Bank line of credit                                                 50,000
    Current portion of debt                                            903,473
                                                                   -----------
         Total current liabilities                                   1,662,882
                                                                   -----------

INSTALLMENT NOTES - LONG-TERM PORTION                                    4,776

                                                                   -----------
TOTAL LIABILITIES                                                    1,667,657
                                                                   -----------

STOCKHOLDERS' DEFICIT
    Preferred Stock, $.001 par value, 1,000,000 shares
        authorized, none issued

    Common Stock, $.001 par value, 50,000,000 shares
        authorized, 35,853,317                                             -
        issued and outstanding at March 31, 2003                        35,853
    Paid in capital                                                  2,724,794
    Accumulated deficit                                             (3,273,538)
                                                                   -----------
                                                                      (512,891)
                                                                   -----------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                        $ 1,154,766
                                                                   ===========

          The accompanying notes are an integral part of this statement

                                        1
<PAGE>

<TABLE>
ONESOURCE TECHNOLOGIES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THREE MONTHS ENDING MARCH 31 (UNAUDITED)
<CAPTION>


                                                                 YTD             YTD
                                                                 2003            2002
                                                             ------------    ------------
<S>                                                          <C>             <C>
REVENUE, net
                                                             $    776,757    $    678,990

COST OF REVENUE                                                   480,768         490,196
                                                             ------------    ------------
           Gross Profit
                                                                  295,989         188,794

GENERAL AND ADMINISTRATIVE EXPENSES
                                                                  268,311         255,453
SELLING AND MARKETING EXPENSES
                                                                    5,230           6,605
                                                             ------------    ------------
           Operating Income (Loss)
                                                                   22,448         (73,264)

OTHER INCOME (EXPENSE)
  Interest expense                                                (34,879)        (35,109)
 Other income (expense)                                                83          (2,094)
                                                             ------------    ------------
           Total other expense                                    (34,796)        (37,202)

                                                             ------------    ------------
LOSS BEFORE INCOME TAXES                                          (12,348)       (110,467)

INCOME TAXES                                                         --              --
                                                             ------------    ------------

NET LOSS                                                     $    (12,348)   $   (110,467)
                                                             ============    ============

EARNINGS PER SHARE -

          Basic                                              $     **        $      **
          Diluted                                            $     **        $      **

Weighted Average Shares Outstanding:

           Basic                                               35,853,317      24,963,317
           Diluted                                             35,853,317      24,963,317
</TABLE>

     **Less than $0.00 per share

          The accompanying notes are an integral part of this statement

                                        2
<PAGE>

<TABLE>
ONESOURCE TECHNOLOGIES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS FOR
THE THREE MONTHS ENDED MARCH 31 (UNAUDITED)
<CAPTION>

                                                                                          2003          2002
                                                                                        ---------    ---------
<S>                                                                                     <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
        Net Loss                                                                        $ (12,348)   $(110,467)
        Adjustments to reconcile net loss to net cash provided (used) by operations -

               Depreciation/Amortization                                                   10,402       12,736
               Stock issued to consultants for services                                    30,000         --
               Changes in assets and liabilities (net of acquisitions):
                       Accounts receivable                                                199,039       81,912
                       Inventory                                                           (2,282)      30,421
                       Other current assets                                                 3,668        1,576
                       Other assets                                                        (2,000)        --
                       Accounts payable                                                   (28,853)     (66,606)
                       Accrued expenses and other liabilities                             (15,616)      (1,166)
                       Deferred revenue                                                     2,703        1,234
                                                                                        ---------    ---------
                              Net cash (used) provided by  operating activities           184,713      (50,360)

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

CASH FLOWS FROM INVESTING ACTIVITIES:
               Purchases of property and equipment                                         (1,481)        (355)
               Proceeds from disposal of equipment                                              0        5,500
                                                                                        ---------    ---------
                                Net cash provided (used) by investing activities           (1,481)       5,145
                                                                                        ==========   =========

CASH FLOWS FROM FINANCING ACTIVITIES:
        Principal payments on capital lease obligations                                      --           (672)
        Proceeds from notes payable                                                        13,334            0
        Principal payments on notes payable                                               (40,397)     (12,236)
                                                                                        ---------    ---------
                                Net cash provided (used) by financing activities          (27,063)     (12,908)
                                                                                        ---------    ---------

INCREASE (DECREASE) IN CASH                                                               156,169      (58,123)

CASH, January 1                                                                            55,267       75,433
                                                                                        ---------    ---------
CASH, March 31                                                                          $ 211,436    $  17,310
                                                                                        =========    =========
</TABLE>

         The accompanying notes are an integral part of this statement.

                                        3
<PAGE>


ONESOURCE TECHNOLOGIES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR
THE THREE MONTHS ENDED MARCH 31, 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.   RELATED PARTY TRANSACTION

     Shares issued to  consultants  for services in the three months ended March
     31, 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,
     the amount recorded as expense and the basis of valuation for shares issued
     for services in the quarter ended March 31, 2003.

                            Shares     Cost per
     Description            Issued      Share           Valuation Basis
                            ---------  --------   ------------------------------
     Issued for services    9,000,000  0.01       Stock price at commitment date

Shares  issued for services  during the quarter ended March 31, 2003 were issued
in one transaction with a weighted average share price at the commitment date of
$0.01 per share.  Six  million of the issued  shares are  subject to  rescission
should the Company fail to reach certain  performance  targets.  The expense and
corresponding  credit to stockholders'  equity associated with these shares will
be recorded at the time such performance targets are achieved.

                                        4
<PAGE>

3.   BUSINESS SEGMENTS

     The Company's revenues are derived from 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
     three months ended March 31, 2003 and 2002:

<TABLE>
<CAPTION>
                                        Maintenance           Supplies   Eliminations          Total
                                        -------------------------------------------------------------
<S>                                     <C>                <C>           <C>             <C>
                         2003
                         ----
     Revenues                              $537,179           $239,578                      $776,757
     Inter-segment sales                          0                  0            $0              $0
     Operating  income                        4,799             17,649                       $22,448
     Depreciation and amortization            7,795              2,607                       $10,402
     Interest                                34,959                (80)                      $34,879
     Property & equipment purchases           1,481                  0                        $1,481
     Total assets                        $1,391,922           $441,110     ($678,266)     $1,154,766

                         2002
                         ----
     Revenues                              $474,403           $204,587                      $678,990
     Inter-segment sales                          0                  0            $0              $0
     Operating (loss)                       (68,924)            (4,340)                     ($73,264)
     Depreciation and amortization           10,217              2,519                       $12,736
     Interest                                35,023                 86                       $35,109
     Property & equipment purchases             355                  0                          $355
     Total assets                        $1,324,744           $398,285     ($678,279)     $1,044,750
</TABLE>

                                    ********

                                        5
<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 months ended March 31, 2003,  and 2002.  OneSource is engaged in three
closely  related and  complimentary  lines of technology and business  equipment
support  activities;  1)  equipment  maintenance  services,  ("Maintenance")  2)
equipment installation  services,  ("Installation") and 3) 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

Operating  results  have  improved  in the three  months  ended  March 31,  2003
compared to the same period in fiscal 2002. The following  table  summarizes the
comparative results for the two periods:

------------------------------------------------------------------------------
Summary of Operations                                2003               2002
------------------------------------------------------------------------------
   Revenues                                        $ 776,757         $ 678,990
   Cost of Revenue                                 $ 480,768         $ 490,196
   Gross Profit                                    $ 295,989         $ 188,794
   Selling, General and Administrative Expenses    $ 273,541         $ 262,058
   Operating Income (Loss)                         $  22,448         $ (73,264)
   Other Income (Expense)                          $ (34,796)        $ (37,203)
------------------------------------------------------------------------------
   Net Loss                                        $ (12,348)        $(110,467)
------------------------------------------------------------------------------
Operations  for the  first  three  months of 2003  show  significantly  improved
results with an eighty nine (89%)  decrease in the net loss compared to the same
period in the prior year.

While  consolidated  revenues  increased by about fourteen percent (14%) in 2003
compared to 2002,  consolidated  cost of  revenues  decreased  two percent  (2%)
resulting  in a  fifty-seven  percent  (57%)  increase  in  gross  profit . This
reflects  the  continuing  efforts to  control  parts  costs in the  maintenance
division.  Changes  implemented  early in the second  quarter of 2002 have shown
continuing  improvement  through  the end of the  first  quarter  2003 as  gross
margins of the  maintenance  division  for the three months ended March 31, 2003
increased to 40% versus 23% for the first three months of 2002.  Management will
continue  to  focus  on this  aspect  of the  maintenance  division  in order to
continue to bring down parts usage rates.


                                        6
<PAGE>

Revenues

Consolidated revenues increased fourteen percent (14%) in the three months ended
March 31,  2003  compared  to the same  period in 2002 as a result of  increased
revenues in both the maintenance and supply divisions.  As seen in the following
table,  supply  division  revenues  increased  seventeen (17%) compared to 2002,
while the maintenance division revenues increased thirteen (13%):

-----------------------------------------------------------------------------
Revenues                                             2003            2002
-----------------------------------------------------------------------------
   Maintenance                                     $ 537,179       $ 474,403
   Supplies                                        $ 239,578       $ 204,587
-----------------------------------------------------------------------------
       Total                                       $ 776,757       $ 678,990
-----------------------------------------------------------------------------

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

The thirteen percent (13%) increase in maintenance  revenues for the first three
months  of 2003  is the  result  of  added  service  commitments  from  existing
customers  and  reflects  the  positive  benefits  of changes  the  Company  has
implemented that have improved maintenance  customer  satisfaction levels to the
highest in the Company's history.  Installation services were suspended in early
fiscal  2001 so  management  could  focus the  Company's  limited  resources  on
improving and strengthening the Company's core maintenance and supplies division
operations. To the degree installation  opportunities arise in line with present
geographic and staffing resources the Company will pursue and engage them but 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  growing
revenues via both current account  extensions as well as through out-bound sales
and marketing efforts.

Supply division revenues increased  seventeen percent (17%) for the three months
ended  March 31,  2003  compared  to the same  period 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  result  in  profitable   margins  and  contributes
significant new volume and positive cash flow.

Gross Margins

Consolidated  gross  margins  for the three  months  ended  March 31,  2003 have
improved significantly over the three months ended March 31, 2002. Gross margins
increased to  thirty-eight  (38%) versus  twenty-eight  percent (28%).  Improved
inventory  control and field  service  management  contributed  to the  improved
margins.  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.

Selling, General and Administrative Costs

General and administrative costs increased  approximately  $13,000 over the same
period in the prior year, a five percent (5%) increase.  While up nominally from
the prior year these costs  represented at 34% of gross revenues for the quarter
ended  March 31,  2003  versus 38% for the same  period in the prior  year.  The
following  table  summarizes the  significant  general and  administrative  cost
categories:

--------------------------------------------------------------------------------
General and Administrative                                  2003         2002
--------------------------------------------------------------------------------
   Salaries Wages and Benefits                           $ 92,519       $134,510
   Facilities                                            $ 38,956       $ 52,058
   Legal and Professional                                $ 99,724       $ 21,554
   Telecommunication Costs                               $ 17,155       $ 16,121
   Travel and Entertainment                              $  7,940       $    604
   Other                                                 $ 12,017       $ 30,606
--------------------------------------------------------------------------------
      Total                                              $268,311       $255,453
--------------------------------------------------------------------------------

Most of the cost  categories  have decreased in the three months ended March 31,
2003  compared to the same  period in 2002.  The two most  significant  areas of
savings were overhead  salaries and facility costs.  The  approximately  $78,000
increase in legal and professional  expenses is due to the Company hiring senior
management  consultants  to help  implement  strategy and to legal fees incurred
related to settlement  discussions on certain pending litigation.  Overall,  the
Company's  headcount  has been reduced to 27 employees at March 31, 2003 from 33
at the end of 2002 with most of the  reductions  being made in the  general  and
administrative  category.  All  other  general  administrative  costs  are  down
reflecting  improvements  and cuts that  management  implemented  during 2002 to
curtail  and reduce  operating  costs,  with the  exception  of a 6% increase in
telecommunications   due  to  additional  cell  phone  for  additional   service
technicians, and a substantial increase in travel & entertainment resulting from
new revenue generation efforts of the new senior management team.

-----------------------------------------------------------------------------
Sales and Marketing                                   2003           2002
-----------------------------------------------------------------------------
   Salaries Commissions and Benefits                 $1,284          $3,500
   Advertising and Promotion                         $3,580          $2,488
   Travel and Entertainment                          $  366          $  617
-----------------------------------------------------------------------------
      Total                                          $5,230          $6,605
-----------------------------------------------------------------------------

                                        8
<PAGE>

The small  decline in selling and  marketing  costs is largely the result of the
Company's turnaround restructuring  activities.  The paramount objective of that
effort was to streamline  overall  operations and redirect  corporate  resources
toward improving the Company's core maintenance and supply divisions'  operating
infrastructure  and  management.  Consequently  sales and marketing  efforts and
costs  were  reduced  significantly  while  the  realignment  and  restructuring
activities were  implemented.  Now that  operational and management  changes are
largely in place and the infrastructure improved, management is concentrating on
implementing  and  significantly  supporting the sales and marketing  plans that
have been heretofore on hold.

Interest and Other Income (Expense)

------------------------------------------------------------------------------
Other Income (Expense)                                      2003       2002
------------------------------------------------------------------------------
   Interest                                              $(34,879)   $(35,109)
   Other                                                 $     83    $ (2,094)

------------------------------------------------------------------------------
      Total                                              $(34,796)   $(37,203)
------------------------------------------------------------------------------

Interest  costs  have  remained  consistent  between  periods  as the  level  of
outstanding debt has not changed significantly from the same period in the prior
year.

Liquidity and Capital Resources

The following table sets forth selected  financial  condition  information as of
March 31, 2003 compared to December 31, 2002:
                                              2003                  2002
------------------------------------- -------------------- --------------------
   Working Capital                              ($983,266)         ($1,007,838)
------------------------------------- -------------------- --------------------
   Total Assets                                $1,154,766           $1,205,944
------------------------------------- -------------------- --------------------
   Debt Obligations                              $908,249             $985,310
------------------------------------- -------------------- --------------------
   Shareholders' (Deficit)                      ($512,891)           ($530,543)
------------------------------------- -------------------- --------------------

Liquidity and cash flow  continued to be a problem during the first three months
of 2003.  Total costs exceed  revenues  throughout the first three months of the
first  quarter  ended March 31, 2003,  but are expected to improve in the second
quarter.  Cash flows  therefore are expected to improve through the remainder of
the year.  Monthly  cash  flows  remain  positive.  Management  believes  it can
continue to manage this in the near-term  with  additional  new business that is
pending  while  it  negotiates  additional  funding  opportunities  intended  to
re-capitalize the Company.
In  this  regard,   the  Company  is  engaged  in   negotiations   with  several
investment-banking  firms and others with the intent of securing  equity funding
of $1 million. These negotiations were continuing as of March 31, 2003.

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 believes it will be able to negotiate an  arrangement  that will
not adversely impact the Company's continuing operations.

At March 31, 2003, the Company had accrued  approximately $47 thousand 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.

                                        8
<PAGE>

Employees

     At March 31, 2003, the Company employed  twenty-seven (27) 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.

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 produces
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 become available.  Additionally,  due to
the rapid advance rate at which technology advances, the Company's equipment and
inventory  may be outdated  quickly,  preventing  or impeding  the Company  from
realizing its full potential.

                                       10
<PAGE>

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.

Item 3. Controls and Procedures

Within the ninety  days prior to the filing of this  report,  we carried  out an
evaluation,  under  the  supervision  and with the  participation  of our  chief
executive  officer  ("CEO")  and  chief  financial   officer  ("CFO"),   of  the
effectiveness  of the  design  and  operation  of our  disclosure  controls  and
procedures pursuant to Rule 13a-5 of the Securities and Exchange Act of 1934, as
amended. Based on this evaluation, our CEO and CFO concluded that our disclosure
controls and procedures are effective to ensure that information  required to be
disclosed  in our  reports  that we file with or submit  to the  Securities  and
Exchange  Commission  ("SEC") is recorded,  processed,  summarized  and reported
within the time periods specified in the SEC's rules and forms.

In  addition,  we  reviewed  our  internal  controls,  and  there  have  been no
significant  changes in our  internal  controls or in other  factors  that could
significantly  affect  those  controls  subsequent  to the  date of  their  last
evaluation.

                                       11
<PAGE>

PART II

Item 1. Legal Proceedings.

     The Company is a named  defendant in a lawsuit filed by the former owner of
Net Express.  The dispute  relates to certain  transactions  entered into by the
former owner on behalf of Net Express without appropriate  management  approval.
Management believes that all obligations have been recorded. Management believes
that this obligation  will  ultimately be transferred  back to the former owner.
The Company has filed a  counter-suit  against the former owner.  The case is in
its early (pre-discovery) stage.

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 March 31, 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

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.

                                       12
<PAGE>

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.

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.

                                       13
<PAGE>

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.

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.


                                       14
<PAGE>

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

10.32    [5]     Property lease amendment with EJM Development dated 01,
                 July 2002.

10.33    [5]     Property lease with Broadway Business Center dated
                 October 1, 2002.

10.34    [5]     Employment leasing agreement with Gevity HR dated
                 December 26, 2002.

10.35    *       Outsource Management agreement with Partners Resource
                 Management dated February 13, 2003.

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

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

99.3     *       Section 906 Certification - CEO

99.4     *       Section 906 Certification - CFO

[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.

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

(* filed herewith)

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

                                       15
<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: May 13, 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

                                            By: /s/ Thomas E. Glasgow
--------------------------------------------------------------------------------
                                            Thomas E. Glasgow, 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                                  May 13, 2003
-----------------------
Donald E. McIntyre


/s/ Michael L. Hirschey  Chief Executive Officer and Director      May 13, 2003
-----------------------
Michael L. Hirschey


/s/ Jerry M. Washburn    Director                                  May 13, 2003
-----------------------
Jerry M. Washburn

                                       16