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 February 28, 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

                               February 28, 2002




<PAGE>



MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
INTERIM BALANCE SHEET
February 28, 2002
(UNAUDITED)

<TABLE>
                                                          2002        2001

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

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

Other Assets
Incorporation costs                                         545          545
                                                       --------      -------

Total Other Assets                                          545          545
                                                       --------      -------

TOTAL ASSETS                                          $     545     $    545
                                                       ========      =======

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 - 400,000)                          10,024          400
Deficit accumulated during the development stage        (11,524)        (400)
                                                       --------       -------

Total Stockholders' Equity                               (1,500)          -
                                                       --------       -------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY            $     545     $    545
                                                       ========      ========
</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 SIX MONTHS ENDED FEBRUARY 28, 2002
(UNAUDITED)

<TABLE>

                                                                     From
                                                                   Inception
                                                                   to Feb 28,
                                                  2002      2001     2002
<S>                                            <C>     <C>          <C>
INCOME                                        $     -  $     -      $    -
                                               -------  --------     -------

OPERATING EXPENSES
Professional Fees                                   -        -         1,500
Amortization Expenses                               -        -           -
Administrative Expenses                             -        -        10,024
                                               -------  --------     -------

Total Operating Expenses                            -        -        11,524
                                               -------  --------     -------

Net Loss from Operations                      $     -  $     -      $(11,524)
                                               =======  ========     =======

Weighted average number of shares
 outstanding                                10,024,000   400,000  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 SIX MONTHS ENDED FEBRUARY 28, 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 SIX MONTHS ENDED FEBRUARY 28, 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     $   -       $(11,524)     $(1,500)


Stock issued for
 services              -           -            -            -           -

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

Balances - February
 28, 2002          10,024,000  $10,024     $    -      $(11,524)     $ (1,500)
                    ========    =====        ======       =====       ======

</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
February 28, 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.

	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.

	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.


<PAGE>


MULTIMOD INVESTMENTS, LTD.
(A Development Stage Company)
Notes To Interim Financial Statements
February 28, 2002
(UNAUDITED)

	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.
 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.

 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.



<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:  May 22, 2002