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 October 31, 2002

                         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 December 16, 2002 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
                      October 31, 2002 and October 31, 2001
                                   (Unaudited)


<PAGE>


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

                           (expressed in U.S. dollars)


ASSETS

                                                   October 31,       July 31,
                                                      2002             2002
                                                -------------------------------
                                                   (Unaudited)
CURRENT
Cash                                      $            111       $        232
Accounts receivable                                  1,853              1,259
                                          -----------------------------------
                                                     1,964              1,491
                                          -----------------------------------

PROPERTY, PLANT AND EQUIPMENT, at cost (Note 2)
Computer equipment                                     583                875
Less: accumulated depreciation                         109                109
                                         ------------------------------------
                                                       474                766
                                         ------------------------------------
                                           $         2,438        $     2,257
                                           ==================================



                  LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES
   Accounts payable and accrued liabilities $       21,948         $   16,035
   Advances from stockholder (Note 4)               10,000             10,000
                                            ---------------------------------
                                                    31,948             26,035
                                            ---------------------------------

STOCKHOLDERS' EQUITY (DEFICIT)
   Share capital (Note 3) 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    (93,492)           (87,760)
                                                 ----------------------------
                                                  (29,510)           (23,778)
                                            ---------------------------------

                                            $       2,438        $     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 Periods Ended
                      October 31, 2002 and October 31, 2001
                                   (Unaudited)

                           (expressed in U.S. dollars)

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


                                  Three       Three        Period         Period
                                 Months      Months         from           from
                                  Ended       Ended    March 31, 1999 March 31, 1999
                               October 31, October 31,    (date of       (date of
                                  2002        2001     incorporation) incorporation)
                                                       To October 31, to October 31,
                                                            2002           2001
                               ------------------------------------------------------

Revenue                             $    -     $     -      $   2,678        $     -
                               ------------------------------------------------------

Expenses
  Professional fees                                  -         30,861         11,820
                                       809
   Management fees                       -           -         21,505          4,079
   Consulting fees                   4,500           -         18,850          5,350
   Administration                      435         390         18,793          7,551
  Advertising and promotion              -           -          5,064              -
  Write-off of impaired asset            -       1,000          1,000          1,000
(Note 4)
  Gain on sale of equipment           (48)           -           (48)              -
  Depreciation                          36           -            145              -
                               ------------------------------------------------------
                                     5,732       1,390         96,170         29,800
                               ------------------------------------------------------

 Loss from operations            $ (5,732)   $ (1,390)     $ (93,492)     $ (29,800)
                               ======================================================

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

</TABLE>


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 Cash Flows
                        For the Three-Month Periods Ended
                      October 31, 2002 and October 31, 2001
                                   (Unaudited)

                           (expressed in U.S. dollars)

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


                                         Three         Three         Period             Period
                                         Months        Months         from               from
                                         Ended         Ended      March 31, 1999     March 31, 1999
                                       October 31,   October 31,    (date of          (date of
                                          2002          2001      incorporation      incorporation)
                                                                  to October 31,     to October 31,
                                                                       2002               2001
                                       -------------------------------------------------------------
Cash flows used in operating
activities
  Net loss for the period               $ (5,732)    $ (1,390)      $ (93,492)       $  (29,800)
  Adjustments to reconcile net loss
to net cash used in operating activities
      Depreciation                            36            -             145                 -
      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                   (594)           -          (1,853)                -
            Accounts payable               5,913          228          21,948             3,457
                                       -----------------------------------------------------------
Net cash used in operating activities       (425)        (162)        (72,300)          (25,343)
                                       -----------------------------------------------------------

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

Financing activities
  Advances from stockholder                     -           -          10,000                 -
  Issuance of share capital                     -           -          63,982            26,482
                                       ----------------------------------------------------------
Net cash provided by financing activities       -           -          73,982            26,482
                                       ----------------------------------------------------------

Increase (decrease) in cash during           (121)       (162)            111               139
the period

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

Cash at end of period                      $  111      $  139          $  111           $   139
                                       ==========================================================

</TABLE>


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


<PAGE>


                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                October 31, 2002
                                   (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 October 31, 2002, the Company
   had accumulated $93,492 in losses and had no material revenue producing
   operations. At the date of this report, 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

   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.





<PAGE>


                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                October 31, 2002
                                   (Unaudited)

                           (expressed in U.S. dollars)

2. SIGNIFICANT ACCOUNTING POLICIES (cont'd)

   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 October 31, 2002 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. $)

    October 31, 2002 rate:   .6421

   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.    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.



<PAGE>


                          Coventure International Inc.
                           (formerly Liquidpure Corp.)
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                October 31, 2002
                                   (Unaudited)

                           (expressed in U.S. dollars)


4.    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.


5.    FINANCIAL INSTRUMENTS AND CONCENTRATIONS OF CREDIT RISK

   The Company's financial instruments consist of cash, accounts receivable,
   accounts 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 will be able to provide 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 three months ended October 31, 2002 the Company's operations used
$425 in cash. Operating capital was provided from the sale of equipment and cash
on hand at July 31, 2002.

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.

                           PART II: OTHER INFORMATION

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.

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 October 31, 2002, has been
signed below by the following person on behalf of the Registrant and in the
capacity and on the date indicated.

Dated:  December 16, 2002

                                          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 October 31, 2002 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:  December 16, 2002
                                  By:  /s/ John Hromyk
                                       ---------------------
                                       John Hromyk, President, Principal
                                       Financial Officer and 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: December 16, 2002                   /s/ John Hromyk
                                          ------------------------
                                          John Hromyk, President, Principal
                                          Financial Officer and Principal
                                          Accounting Officer