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, 2002.

         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.)

                  1001 - 17TH St., Ste. M, Costa Mesa, CA 92626
                  ---------------------------------------------
               (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, 2002, the Registrant had 10,093,195  shares of common stock issued
and outstanding.

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



<PAGE>

PART I.

ITEM 1.   FINANCIAL STATEMENTS.

                                 Piedmont, Inc.
                   (Formerly Candy Stripers Candy Corporation)
                                  BALANCE SHEET
                                  May 31, 2002
                                   (Unaudited)

                                                             Three Months Ended
                                                                 May 31, 2002

ASSETS
CURRENT ASSETS:
   Cash                                                         $         0
   Accounts Receivable                                          $
   Other Investments                                            $         0
                                                                -----------
TOTAL CURRENT ASSETS                                                      $
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, 2002, 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


<PAGE>
<TABLE>
<CAPTION>

                                   Piedmont, Inc.
                     (Formerly Candy Stripers Candy Corporation)
                               STATEMENT OF OPERATIONS
                          Six Months Ended on May 31, 2002
                                     (Unaudited)

                                        Three Months      Six Months     For the year
                                            Ended            Ended           Ended
                                        May 31, 2002      May 31, 2002   Nov 30, 2001
                                        ------------     -------------   ------------
<S>                                     <C>              <C>             <C>
INCOME:

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

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




See accompanying notes to interim financial statements
</TABLE>

<PAGE>
<TABLE>
<CAPTION>

                                     PIEDMONT, INC.
                       (Formerly Candy Stripers Candy Corporation)
                            STATEMENT OF STOCKHOLDERS' EQUITY
                           Three Months Ended on May 31, 2002
                                       (Unaudited)


                                                                  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)
                               ------      ----------    --------  ---------    ----------
Balance, November 30, 1999          0      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, November 30, 2000          0      10,093,195      10,093  3,646,297    (3,656,390)

Net loss, year ended
  November 30, 2001                 0                                                    0
                               ------      ----------    --------  ---------    ----------

Balance, November 30, 2001          0      10,093,195     10,093   3,646,297    (3,656,390)
                               ======     ===========    ========  =========    ==========

Net income, quarter ended
  February 28, 2002                                                                      0

Balance, February 28, 2002          0      10,093,195      10,093  3,646,297    (3,656,390)
                               ======     ===========    ========  =========    ==========

Net income, quarter ended
  May 31, 2002                                                                     -0-

Balance, May 31, 2002               0      10,093,195     10,093   3,646,297    (3,656,390)
                               ======     ===========    ========  =========    ==========


See accompanying notes to interim financial statements.
</TABLE>



<PAGE>

                                 Piedmont, Inc.
                   (Formerly Candy Stripers Candy Corporation)
                            STATEMENTS OF CASH FLOWS
                       Three Months Ended on May 31, 2002
                                   (Unaudited)


                                 Three Months    Six Months    For the year
                                     Ended          Ended         Ended
                                 May 31, 2002    May 31, 2002  Nov 30, 2001
                                 ------------    ------------  ------------

CASH FLOWS FROM OPERATING
ACTIVITIES:
Net (Loss) Income:                $      0      $      0      $      0
Decrease (Accts Payable)
Net Cash (Used) In Operating
Activities                        $      0      $      0      $      0

CASH FLOWS FROM INVESTING
ACTIVITIES
Purchase of organizational
Costs                             $      0      $      0      $      0
CASH FLOWS FROM FINANCING
ACTIVITIES
Issuance of common stock for
Cash                              $      0      $      0      $      0

Net Increase in Cash              $      0      $      0      $      0
Cash, Beginning of Period         $      0      $      0      $      0
Cash, End of Period               $      0      $      0      $      0

See accompanying notes to interim financial statements




<PAGE>

                                    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,  2002  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.

NOTE 5 - INCOME TAXES.

There is no provision for income taxes for the period ended May 31, 2002 due to
the zero net income and substantial loss carry forward.



<PAGE>

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
in 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, 2002, 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,
2002.

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.

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: August 1, 2002               By: Vincent van den Brink
                                       ---------------------------------
                                        Vincent van den Brink, President