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, 2003, Commission File No. 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    x            No
                                ----------         ----------

     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, 2003
                                   (UNAUDITED)



<PAGE>



                           MULTIMOD INVESTMENTS, LTD.
                         (A Development Stage Company)
                             INTERIM BALANCE SHEET
                               February 28, 2003
                                  (UNAUDITED)

<TABLE>

                                                  February  Year Ended
                                                    28,      August 31
                                                   2003        2002
                                                (Unaudited)  (Audited)
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                                 $   -        $    750
Advance from shareholder                            2,795        2,045
                                                  -------      -------
TOTAL CURRENT LIABILITIES                           2,795        2,795
                                                  -------      -------

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( August 31, 2002 - 10,024,000)      10,024       10,024

Deficit accumulated during the development stage  (12,819)     (12,819)
                                                  -------      -------

Total Stockholders' Equity                         (2,795)      (2,795)
                                                  -------      -------

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 SIX MONTHS ENDED February 28, 2003
                                  (UNAUDITED)

<TABLE>
<CAPTION>

                                                                    From
                                                                  Inception
                          Three Months     Six Months Ended          to
                         Ended February 28,  February 28,        February 28,
                           2003    2002      2003      2002         2003
<S>                      <C>      <C>    <C>         <C>          <C>
INCOME                  $   -    $   -     $   -      $   -         $   -
                         -------  -------   -------    -------       -------

OPERATING EXPENSES
Professional Fees           -        -         -          -            2,250
Amortization Expenses       -        -         -          -             -
Administrative Expenses     -        -         -          -           10,569
                        -------    -------  -------    -------       -------

Total Operating Expenses    -        -         -          -           12,819
                        -------    -------  -------    -------       -------

Net Loss from
       Operations      $    -     $  -     $   -      $   -         $(12,819)
                        =======    =======  =======    =======       =======

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

Net Loss Per Share     $   -      $  -       $   -      $   -
                        =======    =======    =======    =======
</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, 2003
                                  (UNAUDITED)


<TABLE>
<CAPTION>                                                       From Inception
                                        Six Months Ended             to
                                          February 28,            February 28,
                                       2003        2002              2003
<S>                                      <C>       <C>          <C>
Cash Flows From Operating Activities
Net loss                                  $   -    $   -        $  (12,819)
Adjustments to reconcile net loss to
net cash used operating activities:
 Stock issued for services                    -        -            10,024
Changes in assets and liabilities
 Increase(decrease)in accounts payable      (750)      -              -
 Increase in Other Assets                     -        -              -
                                          -------   -------        -------

                                            (750)      -            10,024
                                          -------   -------        -------

Net Cash Used in Operating Activities       (750)      -            (2,795)
                                          -------   -------        -------

Cash Flow From Financing Activities
Issuance of common stock                      -        -              -
Advances from shareholder                    750       -             2,795
                                          -------   -------        -------

Net Cash Provided By Financing Activities    750       -             2,795
                                          -------   -------        -------
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, 2003
                                  (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 - May 12,
 2000                   -      $   -      $    -       $    -     $    -


Stock issued for
 services             400,000       400        -            -          400

Net loss for
   period               -          -           -           (945)      (945)
                     --------   -------     -------     -------    -------

Balance - August
 31, 2000             400,000  $    400    $   -       $   (945)  $   (545)

Stock issued for
 services           9,624,000     9,624        -            -        9,624

Net loss for
   year                 -          -           -        (11,124)   (11,124)
                   ----------   -------     -------     -------    -------
Balance - August
 31, 2001          10,024,000  $ 10,024    $   -       $(12,069)  $ (2,045)

Stock issued for
 services               -          -           -            -         -

Net loss for
   year                 -          -           -           (750)      (750)
                   ----------   -------     -------     -------    -------
Balance - August
 31, 2002          10,024,000  $ 10,024    $   -       $(12,819)  $ (2,795)

Net loss - February
 28, 2003              -           -           -            -         -
                   ----------   -------     -------     -------    -------
Balance - February
 28, 2003          10,024,000  $ 10,024    $   -       $(12,819)  $ (2,795)
                   ==========   =======     =======     =======    =======

</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, 2003
                                  (UNAUDITED)

Note 1 - Organization and Summary of Significant Accounting Policies:

         Nature of Business

     MULITMOD INVRSTMENTS,  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.

         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, 2003
                                  (UNAUDITED)

         Fair Value of Financial Instruments

     The  carrying  amount of advance from a  shareholder  is  considered  to be
representative  of its fair  value  because  of the  short-term  nature  of this
financial instrument.

         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 and to pay certain accounts payable totaling $2,250.
These advances are unsecured, bear no interest, and are due on demand.

 Note 4 -Income Taxes

     There has been no provision  for U.S.  federal,  state,  or foreign  income
taxes for any period because the Company has incurred  losses in all periods and
for all jurisdictions.

     Deferred income taxes reflect the net tax effects of temporary  differences
between the carrying  amounts of assets and liabilities for financial  reporting
purposes and the amounts used for income tax purposes. Significant components of
deferred tax assets are as follows:

Deferred tax assets
  Net operating loss carryforwards                       $  2,795
  Valuation allowance for deferred tax assets              (2,795)
                                                          -------
Net deferred tax assets                                  $    -
                                                          =======

     Realization  of deferred tax assets is dependent upon future  earnings,  if
any, the timing and amount of which are uncertain. Accordingly, the net deferred
tax assets have been fully offset by a valuation  allowance.  As of February 28,
2003, the Company had net operating loss  carryforwards of approximately $ 2,795
for federal and state income tax purposes. These carryforwards,  if not utilized
to  offset  taxable  income  begin to  expire  in 2017.  Utilization  of the net
operating  loss may be  subject  to  substantial  annual  limitation  due to the
ownership change  limitations  provided by the Internal Revenue Code and similar
state  provisions.  The annual  limitation could result in the expiration of the
net operating loss before utilization.

 Note 5 - 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

     THE  FOLLOWING  DISCUSSION OF THE RESULTS OF OUR  OPERATIONS  AND FINANCIAL
CONDITION  SHOULD BE READ IN CONJUNCTION  WITH OUR FINANCIAL  STATEMENTS AND THE
NOTES  THERETO  INCLUDED  ELSEWHERE  IN THIS REPORT.  EXCEPT FOR THE  HISTORICAL
INFORMATION  CONTAINED HEREIN, THE DISCUSSION  CONTAINED IN THIS REPORT CONTAINS
"FORWARD-LOOKING   STATEMENTS"  THAT  INVOLVE  RISK  AND  UNCERTAINTIES.   THESE
STATEMENTS MAY BE IDENTIFIED BY THE USE OF  FORWARD-LOOKING  TERMINOLOGY SUCH AS
"BELIEVES,"  "EXPECTS," "MAY," "WILL," "SHOULD" OR "ANTICIPATES" OR THE NEGATIVE
THEREOF OR SIMILAR  EXPRESSIONS OR BY  DISCUSSIONS  OF STRATEGY.  THE CAUTIONARY
STATEMENTS MADE IN THIS REPORT SHOULD BE READ AS BEING APPLICABLE TO ALL RELATED
FORWARD-LOOKING  STATEMENTS  WHEREVER  THEY  APPEAR IN THIS  REPORT.  OUR ACTUAL
RESULTS COULD DIFFER MATERIALLY FROM THOSE DISCUSSED IN THIS REPORT.

Results of Operations

     For the six months ended  February  28, 2003 the Company has not  generated
any  revenues.  Management's  efforts to date have been  devoted to  focusing on
raising capital in order to fulfil its business objectives.  To date, management
has been  unsuccessful.  The Company has  incurred  operating  losses to date of
$2,795 and will  continue  to incur  losses  until  such time as an  acquisition
candidate  is  identified  and,  even if  successful  in acquiring a business or
consummating  a  business  combination,  there  can be no  assurance  that  this
business will be profitable.

Liquidity and Capital Resources

     The  Company  has no  cash.  The  investigation  of  prospective  financing
candidates involves the expenditure of capital.  The Company will likely have to
look to Mr. Marvin Winick or to third parties for additional capital.  There can
be no assurance that the Company will be able to secure additional  financing or
that the amount of any  additional  financing will be sufficient to conclude its
business objectives or to pay ongoing operating expenses.


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

         Exhibit 99   Certification in connection with the Sorbanes-Oxley Act
<PAGE>

                                                       EXHIBIT 99.1

                           CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
      AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     In  connection  with the Form 10-QSB of  Multimod  Investments,  Ltd.  (the
"Company") for the period ending  February 28, 2003 as filed with the Securities
and Exchange  Commission on the date hereof (the  "Report"),  I, Marvin  Winick,
President of the Company,  certify,  pursuant to 18 U.S.C.  ss. 1350, as adopted
pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

     (1) The Report fully  complies  with the  requirements  of Section 13(a) or
Section 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 operations of the
Company.


Dated:  March 14, 2003                     By: /s/ Marvin Winick
                                             ---------------------------------
                                             Name:   Marvin Winick
                                             Title:  President



<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:  March 14, 2003