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 Quarterly Period ended January 31, 2003

                         Commission File Number: 0-31539


                          COVENTURE INTERNATIONAL INC.
        (Exact name of small business issuer as specified in its charter)


            Delaware                               98-0231607
            --------                               ----------
      (Jurisdiction of Incorporation)           (I.R.S. Employer
                                                Identification No.)

                       Suite 174, 3559 - 27th Street N.E.
                        Calgary, Alberta, Canada T1Y 5E4
                   -------- ---------------------------------
                (Address of principal executive office) (Zip Code)

Registrant's telephone number, including area code:   (403) 949-5621

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 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 11, 2003 the Company had 6,718,200 shares of common stock issued and
outstanding.



<PAGE>














                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                        Consolidated Financial Statements
                      January 31, 2003 and January 31, 2002
                                   (Unaudited)


<PAGE>



                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                           Consolidated Balance Sheets

                           (expressed in U.S. dollars)


                                     ASSETS

                                                 January 31,           July 31,
                                                     2003               2002
                                                -------------------------------
                                                (Unaudited)
CURRENT
   Cash                                   $            556       $        232
   Accounts receivable                               2,152              1,259
                                          -----------------------------------
                                                     2,708              1,491
                                          -----------------------------------

PROPERTY, PLANT AND EQUIPMENT, at cost (Note 2)
   Computer equipment                                  583                875
   Less: accumulated depreciation                      145                109
                                         ------------------------------------
                                                       438                766
                                         ------------------------------------

                                           $         3,146        $     2,257
                                           ==================================



                  LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES
   Accounts payable and accrued liabilities   $     57,933         $   16,035
   Customer deposits                                   657                  -
   Advances from stockholder (Note 5)               10,000             10,000
   Note payable (Note 3)                             6,681                  -
                                           ----------------------------------
                                                    75,271             26,035
                                            ---------------------------------
STOCKHOLDERS' EQUITY (DEFICIT)
   Share capital (Note 4)
      Common stock - $0.0001 par value 30,000,000
      authorized; 6,718,200 issued and
          outstanding                                  672                672
      Preferred stock - $0.0001 par value
        5,000,000 authorized
   Additional paid-in capital                       63,310             63,310
   Deficit accumulated in the development stage   (136,107)           (87,760)
                                                 ----------------------------
                                                   (72,125)           (23,778)
                                            ---------------------------------

                                            $        3,146        $     2,257
                                            =================================

The  accompanying  notes are an integral  part of these  consolidated  financial
statements.


<PAGE>



                          Coventure International Inc.
                               (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                          Consolidated Statements of Operations
                     For the Three-Month and Six-Month Periods Ended
                          January 31, 2003 and January 31, 2002
                                       (Unaudited)

                               (expressed in U.S. dollars)

<TABLE>
<S>                        <C>          <C>          <C>          <C>           <C>              <C>


                          Three        Three         Six          Six       Period From      Period From
                          Months       Months       Months       Months      March 31,         March 31,
                          Ended        Ended        Ended        Ended         1999              1999
                        January 31,  January 31,  January 31,  January 31,  (date of          (date of
                           2003         2002         2003         2002      incorporation    incorporation)
                                                                            to January 31,   to January 31,
                                                                                2003             2002
                        -----------------------------------------------------------------------------------

Revenue                 $  3,971      $    -       $  3,971      $    -        $  6,649           $     -
                        -----------------------------------------------------------------------------------

 Expenses
   Professional fees      36,674           -              -       67,535         11,820            37,483
   Consulting              4,500           -          9,000            -         23,350             5,350
   Management fees         1,190       1,258          1,190        1,258         22,695             5,337
   Administration          2,319       1,669          2,754        2,059         21,112             9,220
   Advertising and           272           -            272            -          5,336                 -
promotion
   Sub-contract            1,595           -          1,595            -          1,595                 -
   Write-off of
impaired
    Asset (Note 5)             -           -              -        1,000          1,000             1,000
   Gain on sale of             -           -            (48)           -            (48)                -
equipment
   Depreciation               36           -             72            -            181                 -
                        -----------------------------------------------------------------------------------
                          46,586       2,927         52,318        4,317        142,756            32,727
                        -----------------------------------------------------------------------------------

Loss from Operations    $(42,615)    $(2,927)      $(48,347)    $ (4,317)    $ (136,107)        $ (32,727)
                        ===================================================================================

 Loss per Share-
     Basic and diluted  $  (0.01)    $ (0.00)      $  (0.01)    $  (0.00)
                        =================================================

</TABLE>



    The accompanying notes are an integral part of these financial statements.


<PAGE>



                               Coventure International Inc.
                               (formerly Liquidpure Corp.)
                             (a development stage enterprise)
                          Consolidated Statements of Cash Flows
                             For the Six-Month Periods Ended
                          January 31, 2003 and January 31, 2002
                                       (Unaudited)

                               (expressed in U.S. dollars)

<TABLE>
<S>                                        <C>         <C>         <C>             <C>


                                           Six         Six      Period From    Period From
                                          Months      Months     March 31,      March 31,
                                          Ended       Ended        1999           1999
                                       January 31,  January 31, (date of       (date of
                                           2003        2002    incorporation)  incorporation)
                                                               to January 31,  to January 31,
                                                                   2003          2002
                                       ------------------------------------------------------
Cash flows used in operating
activities
  Net loss for the period              $ (48,347)   $ (4,317)   $ (136,107)    $ (32,727)
  Adjustments to reconcile net
   loss to net cash used in
   operating activities
      Depreciation                            72           -           181             -
      Write-off of impaired asset              -       1,000         1,000         1,000
      Gain on sale of equipment              (48)          -           (48)            -

  Changes in operating assets and
liabilities
      Accounts receivable                   (893)          -        (2,152)            -
      Accounts payable                    41,898      (1,367)       57,933         1,862
      Customer deposits                      657           -           657             -
                                       ----------------------------------------------------
Net cash used in operating activities     (6,661)     (4,684)      (78,536)      (29,865)
                                       ----------------------------------------------------

Investing activities
  Proceeds on sale of equipment              304           -           304             -
  Purchase of license                          -           -        (1,000)       (1,000)
  Purchase of property, plant and              -           -          (875)            -
equipment
                                       ----------------------------------------------------
Net cash provided by (used in)               304           -        (1,571)       (1,000)
investing activities
                                       ----------------------------------------------------

Financing activities
  Increase in note payable                 6,681           -         6,681             -
  Advances from stockholder                    -       7,500        10,000         7,500
  Issuance of share capital                    -           -        63,982        26,482
                                       ----------------------------------------------------
Net cash provided by financing             6,681       7,500        80,663        33,982
activities
                                       ----------------------------------------------------

Increase in cash during the period           324       2,816           556         3,117

Cash at beginning of period                  232         301             -             -
                                       ----------------------------------------------------

Cash at end of period                    $   556    $  3,117      $    556      $  3,117
                                       ====================================================

</TABLE>

    The accompanying notes are an integral part of these financial statements.

<PAGE>



                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                January 31, 2003
                                   (Unaudited)

                           (expressed in U.S. dollars)


1.    FORMATION AND BUSINESS OF THE COMPANY

   Coventure International Inc. (the "Company") was  incorporated  in Delaware,
   U.S.A. on March 31, 1999 as Bullet Environmental Systems, Inc. and changed
   its name on May 25, 2000 to Liquidpure Corp. On February 14, 2002, the
   Company changed its name to Coventure International Inc.

   The Company is a development stage enterprise engaged in the business of
   providing management consulting products and services through an eventual
   network of regionally licensed operators in North America. The Company's
   services will include strategic analysis, planning, consulting and coaching.
   To date the Company has not commenced significant operational activities.

   These financial statements include the accounts of the Company and its
   wholly-owned subsidiary Coventure Canada Inc. (the "Subsidiary"). The
   Subsidiary was incorporated in the Province of Alberta, Canada on February 5,
   2002.

   Going concern
   The accompanying financial statements have been presented assuming the
   Company will continue as a going concern. At January 31, 2003, the Company
   had accumulated $136,107 in losses and had no material revenue producing
   operations. At present, the Company's ability to continue as a going concern
   is dependent upon its ability to raise additional capital, achieve profitable
   operations or merge with a revenue-producing venture partner.


2.    SIGNIFICANT ACCOUNTING POLICIES

   General Information

   The accompanying unaudited interim financial statements have been prepared in
   accordance with generally accepted accounting principles in the United States
   and Form 10-QSB requirements. Accordingly, they do not include all of the
   information and footnotes required by generally accepted accounting
   principles financial statements. In the opinion of management, the
   accompanying interim financial statements contain all the adjustments
   (consisting of only normal recurring accruals) necessary to present fairly
   the Company's financial position as of January 31, 2003 and its results of
   operations and its cash flows for the six-month period ended January 31,
   2003. The results of operations for the interim period are not necessarily
   indicative of the results to be expected for the fiscal year. For further
   information, refer to the Company's financial statements and related
   footnotes for the year ended July 31, 2002.





<PAGE>



                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                January 31, 2003
                                   (Unaudited)

                           (expressed in U.S. dollars)


2. SIGNIFICANT ACCOUNTING POLICIES (cont'd)

   Revenue Recognition
   The Company recognizes revenue in accordance with applicable accounting
   regulations. Accordingly, revenues from services are recognized when all
   significant contractual obligations have been satisfied and collection is
   reasonably assured.

   Use of estimates
   The preparation of financial statements in conformity with generally accepted
   accounting principles requires management to make estimates and assumptions
   that affect the amounts reported in the financial statements and accompanying
   notes. Actual results could differ from these estimates.

   Income taxes
   The Company uses the liability method of accounting for income taxes. Under
   this method, deferred tax assets and liabilities are determined based on the
   difference between financial statement and tax bases of assets and
   liabilities and are measured using the enacted tax rates and laws that are
   expected to be in effect when the differences are expected to reverse.
   Deferred tax assets are reduced by a valuation allowance in respect of
   amounts considered by management to be less likely than not of realization in
   future periods.

   Foreign currency translation
   Unless otherwise stated, all amounts are in United States dollars. The
   functional currency of the Company and its Subsidiary is the Canadian dollar.
   Hence, all asset and liability amounts denominated in Canadian dollars have
   been translated using the exchange rate as at January 31, 2003 and all
   expenses have been translated using the average exchange rate for each month.
   The rates used were as follows:

   (equivalent Cdn $ per U.S. $)
   January 31 rate .6572

   Depreciation
   Depreciation of property, plant and equipment is provided for on the
   straight-line basis over the estimated useful life of the assets, estimated
   to be four years. One-half the normal rate is taken in the year of
   acquisition.

   3.    NOTE PAYABLE

    The note payable is payable on demand and bears no interest.

<PAGE>



                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                January 31, 2003
                                   (Unaudited)

                           (expressed in U.S. dollars)


4.    SHARE CAPITAL

   Holders of the common stock are entitled to one vote per share and share
   equally in any dividends declared and distributions on liquidation.


5.    RELATED PARTY TRANSACTIONS

a)   The advances from a stockholder are interest-free and repayable on demand.

b)   In May 2000, the Company acquired a non-exclusive commercial license from a
     company  controlled  by a former  director  and  officer of the Company for
     $1,000. The Company experienced a lack of co-operation from the engineering
     firm who owned the patent to the apparatus  under license.  The Company was
     not  provided  with  the  technical   information   it  required  to  start
     manufacturing any of the systems for which it was contractually  permitted.
     Further, due to the capital market decline in 2001, it proved impossible to
     execute  the  business  plan.  As a result,  in October  2001,  the Company
     abandoned this license.

c)   During the  six-month  period  ended  January 31,  2003,  the Company  paid
     management  fees of $1,190 (2002 - $1,258) to a director and officer of the
     Company.  These  transactions  have been  recorded at the exchange  amount.
     Accounts  payable include $3,543 (2002 - $195) due to the same director and
     officer.

6.    FINANCIAL INSTRUMENTS AND CONCENTRATIONS OF CREDIT RISK

   The Company's financial instruments consist of cash, accounts receivable,
   accounts payable, note payable and advances from stockholder. It is
   management's opinion that the Company is not exposed to significant interest,
   currency or credit risks arising from these financial instruments. The fair
   value of these financial instruments approximate their carrying values.






<PAGE>



Item 2. Management's Discussion and Analysis or Plan of Operations

The Company plans to provide consulting services to small and medium sized
businesses in North America through a network of regionally licensed operators.
The consulting services will be designed to improve a client's profitability
through strategic analysis, planning, consulting and ongoing evaluation. The
Company's core services will attempt to identify inefficiencies and trouble
spots in a business before they cause significant problems.

The Company has tested the Coventure Analysis methodologies on a mid-sized firm
located in Calgary, Alberta. The results proved that the methodology for
assessing business dysfunction was sound, however the Company is refining the
process of presenting the results to its client. The Company's website,
www.coventure.com became active in May 2002.

The Company has not commenced significant operational activities, however, it is
providing consulting services to clients in the local Calgary, Alberta region.
The Company will be able to expand consulting services once it raises $100,000
in capital. Of this amount, $50,000 will be used to hire and train the analysts
and consultants which will provide these services to future clients and $50,000
will be used to market the Company's products, services, and licensing program.
The Company does not know when it will obtain the $100,000 in capital. The
Company's initial focus will be on the development of Canadian and American
markets.

During the six months ended January 31, 2003 the Company's operations used
$6,661 in cash. Operating capital was provided from consulting fees received for
services provided to clients and a loan from a third party.

This report contains certain forward-looking statements. The Company wishes to
advise readers that actual results may differ substantially from such
forward-looking statements. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from those
expressed in or implied by the statements, including, but not limited to ability
of the Company to meet its cash and working capital needs, the ability of the
Company to maintain its existence as a viable entity, and other risks detailed
in the Company's periodic report filings with the Securities and Exchange
Commission.


Item 3.  Not applicable

Item 4.  Controls And Procedures

Based on the evaluation of the Company's disclosure controls and procedures by
John Hromyk, the Company's President, Principal Financial Officer and Principal
Accounting Officer, as of a date within 90 days of the filing date of this
quarterly report, such officers have concluded that the Company's disclosure
controls and procedures are effective in ensuring that information required to
be disclosed by the Company in the reports that it files or submits under the
Securities and Exchange Act of 1934, as amended, is recorded, processed,
summarized and reported, within the time period specified by the Securities and
Exchange Commission's rules and forms.

<PAGE>

There were no significant changes in the Company's internal controls or in other
factors that could significantly affect these controls subsequent to the date of
their evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.


                           PART II: OTHER INFORMATION


Item 6. Exhibits and Reports on Form 8-K

      (a)   Exhibits - None
      (b)   Reports on Form 8-K  - None






<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements of the Securities  Exchange Act of 1934, this
Form 10-QSB  Report for the Quarterly  Period ended  January 31, 2003,  has been
signed  below by the  following  person on behalf of the  Registrant  and in the
capacity and on the date indicated.

Dated:  March 17, 2003


                                       COVENTURE INTERNATIONAL INC.


                                            /s/ John Hromyk
                                       By:  John Hromyk
                                       Title:  President, Principal Financial
                                       Officer and Principal Accounting Officer

                                  CERTIFICATION

      In connection with the Quarterly Report of Coventure International Inc.
(the "Company") on Form 10-QSB for the period ending January 31, 2003 as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, John Hromyk, the President, Principal Financial Officer and Principal
Accounting Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to
the best of my knowledge:

(1)  The Report fully complies with the  requirements  of section 13(a) or 15(d)
     of the Securities Exchange Act of 1934; and

(2)  The information  contained in the Report fairly  presents,  in all material
     respects the financial condition and results of the Company.


Date:  March 17, 2003

                                  By:  /s/ John Hromyk
                                       ---------------
                                       John Hromyk, President, Principal
                                       Financial Officerand Principal Accounting
                                       Officer









<PAGE>

                                  CERTIFICATION

I, John Hromyk, certify that:

1.       I have reviewed this Quarterly Report on Form 10-QSB of Coventure
         International Inc.;

2.       Based on my knowledge, this Quarterly Report does not contain any
         untrue statement of a material fact or omit to state a material fact
         necessary to make the statements made, in light of the circumstances
         under which such statements were made, not misleading with respect to
         the period covered by this Quarterly Report;

3.       Based on my knowledge, the financial statements, and other financial
         information included in this Quarterly Report, fairly present in all
         material respects the financial condition, results of operations and
         cash flows of the Registrant as of, and for, the periods presented in
         this Quarterly Report;

4.       I am responsible for establishing and maintaining disclosure controls
         and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
         the Registrant, and I have:

     a.   designed  such  disclosure  controls  and  procedures  to ensure  that
          material  information  relating  to  the  Registrant,   including  its
          consolidated subsidiaries,  is made known to us by others within those
          entities,  particularly  during  the  period in which  this  quarterly
          report is being prepared;
     b.   evaluated the  effectiveness of the Registrant's  disclosure  controls
          and procedures as of a date within 90 days prior to the filing date of
          this Quarterly  Report (the  "Evaluation  Date");  and
     c.   presented  in  this  Quarterly   Report  our  conclusions   about  the
          effectiveness  of the disclosure  controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   I have disclosed,  based on my most recent evaluation,  to the Registrant's
     auditors and the audit  committee of  Registrant's  board of directors  (or
     persons performing the equivalent function):

     a.   all  significant  deficiencies  in the design or operation of internal
          controls  which could  adversely  affect the  Registrant's  ability to
          record,  process,   summarize  and  report  financial  data  and  have
          identified for the  Registrant's  auditors any material  weaknesses in
          internal controls; and
     b.   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  Registrant's  internal
          controls; and

6.       I have indicated in this Quarterly Report whether or not there were
         significant changes in internal controls or in other factors that could
         significantly affect internal controls subsequent to the date of our
         most recent evaluation, including any corrective actions with regard to
         significant deficiencies and material weaknesses.


Date: March 17, 2003
                                          /s/ John Hromyk
                                          ---------------------------------
                                          John Hromyk, President, Principal
                                          Financial Officer and Principal
                                          Accounting Officer