U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


(Mark One)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MAY 31, 2001.

     OR

[ ]  TRANSITION  REPORT  PURSUANT  TO SECTION  13 OR 15(d) OF THE  SECURITIES
     EXCHANGE  ACT OF 1934

     FOR THE  TRANSITION  PERIOD  FROM  ______________  TO     ______________

                        COMMISSION FILE NUMBER: 000-31431


                                 PIEDMONT, INC.
                                 --------------
             (Exact name of registrant as specified in its charter)

              Utah                                             33-0052057
              ----                                             ----------
(State or jurisdiction of incorporation                     I.R.S. Employer
        or organization                                    Identification No.)

                  3700 Susan St., Ste. 200, Santa Ana, CA 92704
                  ---------------------------------------------
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number: (949) 770-2578; Fax: 603-375-6582

        Securities registered pursuant to Section 12(b) of the Act: None

           Securities registered pursuant to Section 12(g) of the Act:
                         Common Stock, $0.001 Par Value

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) been subject to such filing requirements
for the past 90 days. Yes [X]    No [ ]

As of May 31, 2001, the Registrant had 10,093,195  shares of common stock issued
and outstanding.

Transitional Small Business Disclosure Format (check one):   Yes [ ]    No [X]


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<PAGE>

PART I.

ITEM 1.   FINANCIAL STATEMENTS.


                                 Piedmont, Inc.
                   (Formerly Candy Stripers Candy Corporation)
                                  BALANCE SHEET
                                  May 31, 2001
                                   (Unaudited)

                                                     Three Months Ended
                                                        May 31, 2001
                                                       --------------
ASSETS
CURRENT ASSETS:
   Cash                                                $           0
   Accounts Receivable                                 $           0
   Other Investments                                   $           0
                                                       --------------
TOTAL CURRENT ASSETS                                   $           0
ORGANIZATIONAL COSTS, NET                              $           0
TOTAL ASSETS                                           $           0
                                                       ==============

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
   Accounts Payable                                    $           0
TOTAL CURRENT LIABILITIES                              $           0
LONG-TERM DEBT                                         $           0

STOCKHOLDERS' EQUITY:
Preferred stock, $.001 par value,
   authorized 40,000,000 shares;
   no shares issued
Common  stock, $.001 par value
   authorized 100,000,000 shares, issued
   and outstanding at May 31, 2001
   10,093,195 shares                                   $      10,093

Additional paid in Capital                             $   3,646,297
Earnings Accumulated During Development Stage          $  (3,656,390)
                                                       --------------
TOTAL STOCKHOLDERS' EQUITY                             $           0

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY             $           0
                                                       ==============

See accompanying notes to interim financial statements


<TABLE>
<CAPTION>

                                      Piedmont, Inc.
                        (Formerly Candy Stripers Candy Corporation)
                                  STATEMENT OF OPERATIONS
                            Three Months Ended on May 31, 2001
                                        (Unaudited)

                                                    Three Months Ended  For the year ended
                                                       May 31, 2001      November 30, 2000
                                                       ------------      -----------------
<S>                                                   <C>                <C>
INCOME:

Revenue                                                $          0        $       1137
TOTAL INCOME                                           $          0        $       1137
                                                       ============        ============

EXPENSES:
General, and Administrative                            $          0        $       1137
Amortization                                           $          0        $          0
Total Expenses                                         $       --          $      (1137)
Net Profit/Loss(-) From Operations                     $       --          $       --
Interest Income                                        $          0        $       --
INCOME (LOSS) BEFORE INCOME TAXES                      $       --          $          0
Provision for income tax                               $          0        $          0
NET INCOME (LOSS)                                      $          0        $          0
                                                       ============        ============
NET INCOME (LOSS) PER SHARE-BASIC AND DILUTED          $       0.00        $       0.00
AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING     10,093,195          10,093,195

See accompanying notes to interim financial statements

</TABLE>
                                       2

<PAGE>
<TABLE>
<CAPTION>


                                           PIEDMONT, INC.
                             (Formerly Candy Stripers Candy Corporation)
                                  STATEMENT OF STOCKHOLDERS' EQUITY

                                                                           Additional
                                Preferred           Common Stock             paid-in       Accumulated
                                  Stock         Shares        Amount         capital          loss
                               -----------   -----------    -----------    -----------    -----------
<S>                            <C>           <C>            <C>            <C>            <C>
Balance, November 30, 1997               0    23,298,985         23,299      3,625,897     (3,649,048)


December 15, 1997, issued             --          72,000             72           --             --
  for services rendered,
  at par value                        --            --             --             --             --

December 15, 1997, issued
  for fees to prepare proxy
  statement and to amend
  Articles of Incorporation,
  at par value                        --      76,000,000         76,000        (76,000)          --


December 30, 1997, reverse
  stock split, 100-1                  --     (98,377,119)       (98,377)        98,377           --

February 6, 1998, issued
  for proposed acquisition
  of Fort Stockton Oil &
  Gas, Inc.                           --       8,977,229          8,977         (1,977)          --

June 9, 1998, issued for
  services rendered                   --          52,100             52           --             --


Net loss, year ended
  November 30, 1998                      0          --             --             --           (8,154)
                               -----------   -----------    -----------    -----------    -----------
Balance, November 30, 1998               0    10,023,195         10,023      3,646,297     (3,657,202)

December 1, 1998, issued for
  services rendered                   --          60,000             60           --             --

August 19, 1999, issued for
  services rendered                   --          10,000             10           --             --

Net loss, year ended
  November 30, 1999                      0          --             --             --             (325)
                               -----------   -----------    -----------    -----------    -----------
                                      --      10,093,195         10,093      3,646,297     (3,657,527)
Net income, year ended
  November 30, 2000                   --            --             --             --            1,137
                                         0    10,093,195         10,093      3,646,297     (3,656,390)
                               ===========   ===========    ===========    ===========    ===========


Balance, May 31, 2001                    0    10,093,195         10,093      3,646,297     (3,656,390)



See accompanying notes to interim financial statements.

                                       3

</TABLE>

<PAGE>
                                 Piedmont, Inc.
                   (Formerly Candy Stripers Candy Corporation)
             STATEMENTS OF CASH FLOWS Three Months Ended on May 31,
                          2001, Year Ended Nov 30, 2000
                                   (Unaudited)

                                      Three Months       For the year
                                          Ended             Ended
                                      May 31, 2001     November 30, 2000
                                     --------------    -----------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
Net (Loss) Income:                        $    0           $  1137
Decrease (Accts Payable)
Net Cash (Used) In Operating
Activities                                $    0           $  1137

CASH FLOWS FROM INVESTING
ACTIVITIES
Purchase of organizational
Costs                                     $    0           $     0

CASH FLOWS FROM FINANCING
ACTIVITIES
Issuance of common stock for
Cash                                      $    0           $     0

Net Increase in Cash                      $    0           $ (1137)
Cash, Beginning of Period                 $    0           $  1137

Cash, End of Period                       $    0           $     0

See accompanying notes to interim financial statements



                                 Piedmont, Inc.
                   (Formerly Candy Stripers Candy Corporation)
                          NOTES TO INTERIM CONSOLIDATED
                              FINANCIAL STATEMENTS

NOTE 1 - HISTORY, ACCOUNTING POLICIES AND PROCEDURES

The Company was  incorporated  June 29, 1983 under the laws of the State of Utah
as Teal Eye, Inc. On September 7, 1984, the Company merged with Terzon Corp. and
amended its Articles of Incorporation  changing the Company name to Terzon Corp.
On September 7, 1984, the Company amended its Articles of Incorporation changing
its name to Candy  Stripers Candy  Corporation.  On January 6, 1998, the Company
amended its Articles of Incorporation changing its name to Piedmont, Inc.

The nature of the Company's  business is the development of websites,  including
consultation  and  design,  for the sale of  retail  products.  The  Company  is
presently  contracting with various companies for the resale of home gift items.
The company's website (www.piedmontcybermall.com) is operational.

The Company has adopted the following accounting policies and procedures:

1. The Company uses the accrual method of accounting.

2. Earnings (loss) per share is calculated using a weighted averaged number of
shares of common stock outstanding.

3. The Company has elected a fiscal year ending November 30th.

NOTE 2 - EMPLOYEE STOCK OPTION PLAN

On December 27, 1997, the stockholders  approved setting aside 500,000 shares of
common  stock for an employee  stock  bonus  plan,  the terms of which are to be
determined by the Board of Directors.

NOTE 3 - WARRANTS AND OPTIONS

There are no warrants or stock options outstanding to acquire any additional
shares of common stock of the Company,

NOTE 4 - STOCKHOLDERS' EQUITY.

Common Stock.

The authorized common stock of Piedmont, Inc. consists of
100,000,000 shares with a par value of $0.001 per
share. As of May 31, 2001 Piedmont, Inc. had
10,093,195 shares outstanding.

Preferred Stock.

The authorized Preferred Stock of Piedmont, Inc.
consists of 40,000,000 shares with a par value of $0.001 per
share. No preferred shares have been issued.

                                        4
<PAGE>

NOTE 5 - INCOME TAXES.

There is no provision  for income taxes for the period ended May 31, 2001 due to
the zero net income and substantial loss carry forward.

ITEM 2.  PLAN OF OPERATION.

The  following  discussion  should  be read in  conjunction  with the  financial
statements  of Piedmont,  Inc.  and notes  thereto  contained  elsewhere in this
report.

Initial Operation.

Up to the  present  time,  Piedmont,  Inc.  has only been in the  organizational
phase. Over the next 12 months Piedmont, Inc. intends to concentrate its efforts
into     development    and    enhancement    of    the    company's     website
(www.piedmontcybermall.com).  These changes will include additional  information
and  articles  of  interest  to  internet  shoppers  and a possible  newsletter.
Piedmont,  Inc. will also be seeking to enhance its advertising  revenues by the
placement of additional advertising on the website.

Piedmont,  Inc. will need to raise  additional  capital in order to continue its
operations.  Such financing will probably take the form of a combination of debt
and equity financing. However, there is no guarantee that such financing will be
available at all or on such terms as will be acceptable to Piedmont, Inc.

Currently,  Piedmont, Inc. does not plan to make significant equipment purchases
in the next 12 months in order to implement its plan of operation. Also, it does
not plan over such period to significantly change the number of employees.

Liquidity and Capital Resources.

During the three month period ended May 31, 2001,  Piedmont,  Inc. continued its
status as a development company.  Piedmont,  Inc. is continuing to incur limited
development  expenses,  is deriving no revenues,  and has experienced an ongoing
deficiency in working capital. Piedmont, Inc.'s continued existence is dependent
on its  ability  to obtain  additional  financing  to  proceed  with its plan of
operation.

Capital Expenditures.

No material capital  expenditures  were made during the quarter ended on May 31,
2001.

PART II.

ITEM 1.  LEGAL PROCEEDINGS.

Piedmont, Inc. is not a party to any material pending
legal proceedings and, to the best of its knowledge, no such
action by or against Piedmont, Inc. has been
threatened.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS.

Not Applicable.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

Not Applicable.

                                        5
<PAGE>

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 5.  OTHER INFORMATION.

Not Applicable

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.

(a)      Reports on Form 8-K.  None
(b)      Exhibits included or incorporated by reference herein: None

                                    SIGNATURE

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.



                                    Piedmont, Inc.


Dated:July 14, 2001                 By:/s/ Vincent van den Brink
                                       -------------------------------
                                        Vincent van den Brink, President



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