UNITED STATES
                    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 May 31, 2002, Commission File Number 0-31335


                               MULTIMOD INVESTMENTS, LTD.
        ---------------------------------------------------------
         (Exact name of Registrant as specified in its charter)


          Nevada                              Not Available
       ------------------------     -----------------------------------
---
      (State of Incorporation)      (I.R.S. Employer Identification
Number)


                   14 Pico Crescent, Thornhill, Ontario L4J 8P4
             ----------------------------------------------------
           (address of principal executive offices) (Zip Code)

     Registrant's telephone number, including area code: (905) 731-0189


                             Not Applicable
       ----------------------------------------------------------------
-
       (Former name, address or fiscal year if changed since last
report)


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the Registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.

                             Yes                No       x
                                ----------         ----------

The total number of shares outstanding of the issuer's common shares,
par value $ .001, as of the date of this report, follow:

                            10,024,000


<PAGE>




PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements







                             MULTIMOD INVESTMENTS, LTD.
                          (A Development Stage Company)

                          Interim Financial Statements

                               May 31, 2002


































<PAGE>



MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
INTERIM BALANCE SHEET
MAY 31, 2002
(UNAUDITED)

<TABLE>
                                                      2002        2001

ASSETS
<S>                                                  <C>       <C>
Current Assets
Cash                                             $     -     $     -
                                                  --------      -------

Total Current Assets                                   -           -
                                                  --------      -------

Other Assets
Incorporation costs                                    -           -
                                                  --------      -------

Total Other Assets                                     -           -
                                                  --------      -------

TOTAL ASSETS                                     $     -     $     -
                                                  ========      =======

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Accounts payable                                 $   1,500      $   -
Advance from shareholder                               545          545
                                                  --------      -------

TOTAL CURRENT LIABILITIES                            2,045          545
                                                  --------      -------

Stockholders' Equity
Preferred stock, authorized 5,000,000 shares
 par value $ .001: none outstanding
Common stock, authorized 50,000,000 shares,
 par value $ .001, issued and outstanding
  - 10,024,000( 2001 - 1,000,000)                  10,024        1,000
Deficit accumulated during the development stage  (12,069)      (1,545)
                                                 --------      -------

Total Stockholders' Equity                         (2,045)        (545
                                                --------       -------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY      $     -     $       -
                                                 ========     ========
</TABLE>

The accompanying notes are an integral part of these financial
statements
<PAGE>

MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
INTERIM STATEMENT OF OPERATIONS
FOR THE NINE MONTHS ENDED MAY 31, 2002
(UNAUDITED)

<TABLE>

                                                            From
                                                         Inception
                                                           To May 31
                                           2002      2001     2002
<S>                                      <C>     <C>          <C>
INCOME                                   $    -  $    -      $    -
                                          -------  ------     -------

OPERATING EXPENSES
Professional Fees                           -        -         1,500
Amortization Expenses                       -        -           -
Administrative Expenses                     -        -        10,569
                                         -------  -------     ------

Total Operating Expenses                    -        -        12,069
                                       -------  --------     -------

Net Loss from Operations                 $    - $    -      $(12,069)
                                          =======  =======   =======

Weighted average number of shares
 outstanding                       10,024,000 1,000,000  10,024,000
                                   ========== =========  ==========

Net Loss Per Share                    $     -   $    -      $(0.001)
                                       =======   =======    =======

</TABLE>

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














<PAGE>


MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
INTERIM STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED MAY 31, 2002
(UNAUDITED)

Indirect Method

<TABLE>
                                                  2002        2001

<S>                                          <C>          <C>
Cash Flows From Operating Activities
Net loss                                       $   -       $     -
Adjustments to reconcile net loss to net cash used
 operating activities:
 Stock issued for services                         -             -
Changes in assets and liabilities
 Increase in Advance from Shareholder              -             -
 Increase in Other Assets                          -             -
                                               -------       ------

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

Net Cash Used in Operating Activities              -             -
                                               -------       ------

Cash Flow From Financing Activities
Issuance of common stock                           -             -
                                               -------       ------

Net Cash Provided By Financing Activities          -             -
                                               -------       ------

Increase(decrease) in Cash                         -             -

Cash and Cash Equivalents - Beginning of period    -             -
                                               -------       ------

Cash and Cash Equivalents - End of period      $   -         $   -
                                               =======       ======

Supplemental Cash Flow Information
 Interest paid                                 $   -         $   -
                                                =======       ======
 Taxes paid                                    $   -         $   -
                                                =======       ======
</TABLE>

The accompanying notes are an integral part of these financial
statements


<PAGE>



MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
Interim Statement of Changes in Stockholders' Equity
FOR THE NINE MONTHS ENDED MAY 31, 2002
(UNAUDITED)

<TABLE>
<CAPTION>


                                                  Deficit
                                                Accumulated
                                     Additional  During the
                     Common Stock      Paid-In   Development
                Shares   Amount        Capital     Stage        Totals
<S>           <C>        <C>          <C>         <C>          <C>
Balance - August 31,
 2001         10,024,000  $10,024     $   -       $(12,069)   $(2,045)


Stock issued for
 services           -         -            -            -         -

Net loss for period -         -            -            -         -
               --------    -----        ------       ------    ------

Balances - May 31
     2002     10,024,000  $10,024     $    -      $(12,069)   $(2,045)
              ==========   ======       ======     =======     ======

</TABLE>



















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



<PAGE>

MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
Notes To Interim Financial Statements
May 31, 2002
(UNAUDITED)

Note 1 - Organization and Summary of Significant Accounting Policies:

	Nature of Business

MULTIMOD INVESTMENTS, LTD. (the "Company") was incorporated on May 12,2000 under
The laws of the State of Nevada.  The Company's primary Business operations
are to and engage in internet related businesses. The Company is
searching for a viable entity upon which to merge and/or acquire.  The
Company intends on going public in order to raise the funds required in
order to fulfill its business objectives.

	The Company's fiscal year end is August 31,

	Basis of Presentation - Development Stage Company

The Company has not earned any revenue from limited principal
operations. Accordingly, the Company's activities have been accounted
for as those of a "Development Stage Enterprise" as set forth in
Financial Accounting Standards Board Statement No. 7 ("SFAS 7").  Among
the disclosures required by SFAS 7 are that the Company's financial
statements be identified as those of a development stage company, and
that the statements of operations, stockholders' equity (deficit) and
cash flows disclose activity since the date of the Company's inception.

	Basis of Accounting

The accompanying financial statements have been prepared on the accrual
basis of accounting in accordance with generally accepted accounting
principles.  In the opinion of management, these interim financial statements
include all adjustments necessary in order to make them not misleading.

	Estimates

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates
and assumptions that affect certain reported amounts and disclosures.
 Accordingly, actual results could differ from those estimates.

	Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considered all
cash and other highly	liquid investments with initial maturities of
three months or less to be cash equivalents.






<PAGE>

MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
Notes To Interim Financial Statements
May 31, 2002
(UNAUDITED)

	Net earning (loss) per share

Basic and diluted net loss per share information is presented under the
requirements of SFAS No. 128, Earnings per Share.  Basic net loss per
share is computed by dividing net loss by the weighted average number
of shares of common stock outstanding for the period, less shares
subject to repurchase.  Diluted net loss per share reflects the
potential dilution of securities by adding other common stock
equivalents, including stock  options, shares subject to repurchase,
warrants and convertible preferred  stock, in the weighted-average
number of common shares outstanding for a period, if dilutive.  All
potentially dilutive securities have been excluded from the
computation, as their effect is anti-dilutive.

	Fair Value of Financial Instruments

The carrying amounts of accounts payable and advance for shareholder
are considered to be representative of their respective fair values
because of the short-term nature of these financial instruments.

	Income Taxes

The Company accounts for income taxes under SFAS No. 109, which
requires the asset and liability approach to accounting for income
taxes.  Under this method, deferred tax assets and liabilities are
measured based on differences between financial reporting and tax bases
of assets and liabilities measured using enacted tax rates and laws
that are expected to be in effect when differences are expected to
reverse.

Note 2 - Capital Stock Transactions

The authorized capital is 50,000,000 shares of common stock at $.001
par value and 5,000,000 shares of preferred stock at $.001 par value.
The Company has issued at total of 10,024,000 shares of common stock
for services rendered as administrative expenses at a cost of $10,024
which has been expensed in prior periods.

Note 3 - Advance from Shareholder

An officer of the Company advanced cash to the Company for start-up
incorporation costs of $545. This advance was unsecured, bears no
interest, and is due on demand.





<page>


MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
Notes To Interim Financial Statements
May 31, 2002
(UNAUDITED)

Note 4 - Going Concern:

The accompanying financial statements have been prepared in conformity
with generally accepted accounting principles, which contemplates
continuation of the Company as a going concern.  The Company operations
are in the development stage and the Company has generated no income.

The future success of the Company is likely dependent on its ability to
attain additional capital to develop its proposed products and
ultimately, upon its ability to attain future profitable operations.
There can be no assurance that the Company will be successful in
obtaining such financing, or that it will attain positive cash flow
from operations.


Note 5 - Change in Accounting Treatment - Incorporation Costs

In conformity with SOP 98-5 issued April 3, 1998, the financial statements of
the comparative period have been amended to expense the incorporation costs of
$ 545.  Consequently, the opening deficit for the current period has been
increased as a result of the amendment in the amount of $ 545.




























<PAGE>

PART II - OTHER INFORMATION


Item 2 - Management's Discussion and Analysis of Financial Conditions
          and Results of Operations

         None

Item 6 - Exhibits and Reports on Form 8-K

         Exhibit 11 - Computation of earnings per common share - see
                       Statement of Operations

         Reports on Form 8-K - None


<PAGE>








                          SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
The Registrant has duly caused this report to be signed by the
undersigned thereunto duly authorized.


MULTIMOD INVESTMENTS, LTD.


BY: /s/ M. WINICK
   ---------------------------
   Marvin N. Winick, President


Dated:  September 24, 2002