UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB

  [X]  QUARTERLY REPORT PURSUANT TO SECTION 13(D) OF THE SECURITIES EXCHANGE ACT
                                     OF 1934

                For the Quarterly Period ended September 30, 2001


                       Commission File Number:  000-28429


                               EWORLD TRAVEL CORP.
                (Exact name as specified in its company charter)


Nevada                                                                68-0423301
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)

668  North  Coast  Highway  #261,  Laguna  Beach  CA                       92651
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:  (949)  487-7285


As  of  September  30,  2001,  703,704  shares  of  Common Stock were issued and
outstanding.



Transitional  Small  Business  Disclosure  Format  (check one): yes [ ]   no [X]



                          PART I: FINANCIAL INFORMATION

                          ITEM 1. FINANCIAL STATEMENTS.

     The  financial  statements,  for  the  three  months  and nine months ended
September  30,  2001, included herein have been prepared by the Company, without
audit  pursuant  to  the  rules  and  regulations of the Securities and Exchange
Commission.

     Certain  information  and  footnotes  disclosure,  normally  included  in
financial  statements  prepared in accordance with generally accepted accounting
principles,  are  often  condensed  or  omitted, in unaudited quarterly reports,
pursuant  to  regulations  which  allow  such  omissions.

     These  financial statements provided do include such often omitted sections
and  notes  for  reasons  of full disclosure, as discussed in the later Items of
this  Report.

     Specifically,  we  report  a  common  stock  reverse  split,  and provide a
statement  of  shareholders  equity reflecting post-split numbers, which numbers
are  used  throughout  this  Report.


             The Remainder of this Page is Intentionally left Blank

                                        1
<PAGE>

                                      EWORLD TRAVEL CORP.
                                   BALANCE SHEET (UNAUDITED)
                                 (a Development Stage Company)

<TABLE>
<CAPTION>
                                                       September 30,  December 31,
                                                           2001          2000
--------------------------------------------------------------------------------
                                                       (Unaudited)
<S>                                                       <C>           <C>
                                                          ASSETS
CURRENT ASSETS

  Cash . . . . . . . . . . . . . . . . . . . . . . . . .  $     2,906   $  1,133
                                                          ------------  ---------
TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . . .        2,906      1,133

OTHER ASSETS
  Marketable Securities. . . . . . . . . . . . . . . . .            0        415
                                                          ------------ ----------
TOTAL OTHER ASSETS . . . . . . . . . . . . . . . . . . .            0        415
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . . .  $     2,906   $  1,548
                                                          ============  =========


      LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

  Accounts payable . . . . . . . . . . . . . . . . . . .  $    29,970   $  7,400
  Notes payable - related party. . . . . . . . . . . . .       41,685     41,685
                                                          ------------  ---------
TOTAL LIABILITIES. . . . . . . . . . . . . . . . . . . .       71,655     49,085
                                                          ------------  ---------

STOCKHOLDERS' EQUITY
  Common Stock, $.001 par value; authorized 100,000,000
     shares; issued and outstanding, 703,704 and
     2,682 shares respectively . . . . . . . . . . . . .          703          3

  Additional Paid-In Capital . . . . . . . . . . . . . .      538,597     38,797
  Accumulated Comprehensive Income/(loss). . . . . . . .            0    (12,185)
  Accumulated Equity (Deficit) . . . . . . . . . . . . .     (608,049)   (74,152)
                                                          ------------  ---------
Total Stockholders' Equity . . . . . . . . . . . . . . .      (68,749)   (47,537)
                                                          ------------  ---------
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY . . . . . . . .  $     2,906   $  1,548
                                                          ============  =========
</TABLE>

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

                                        2
<PAGE>

                              EWORLD TRAVEL CORP.
            STATEMENTS OF LOSS AND ACCUMULATED (DEFICIT) (UNAUDITED)
                          (a Development Stage Company)
                      from inception through June 30, 2001
                and the periods ended September 30, 2000 and 2001

<TABLE>
<CAPTION>
                                                                                 From
                                                                            Inception on
                                    From July            From January       December 10,
                                   1, 2000 to             1, 2000 to        1998 through
                                  September 30,          September 30,      September 30,
                                2001        2000        2001        2000         2001
                             ----------  ----------  ----------  -----------  ----------
<S>                          <C>         <C>         <C>         <C>          <C>
                             $       0   $       0   $       0   $        0   $       0
                             ----------  ----------  ----------  -----------  ----------
Revenues
General and Administrative.      9,546       7,824      21,287       29,012     104,688
Net Loss from Operations. .     (9,546)     (7,824)    (21,287)     (29,012)   (104,688)
                             ----------  ----------  ----------  -----------  ----------
Loss on Investment. . . . .          0           0     (12,109)           0     (12,109)
Gain on settlement of debt.          0           0           0            0       9,249
                             -----------------------------------------------------------
Net Income (Loss) . . . . .  $  (9,546)  $  (7,824)  $ (33,396)  $  (29,012)  $(107,548)
                             ==========  ==========  ==========  ===========  ==========
Loss per Share. . . . . . .  $(0.02693)  $(2.91723)  $(0.27838)  $(10.81730)  $(1.61348)
                             ==========  ==========  ==========  ===========  ==========
Weighted Average
    Shares Outstanding. . .    354,534       2,682     119,966        2,682      66,656
                             ==========  ==========  ==========  ===========  ==========
</TABLE>

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

                                        3
<PAGE>

                              EWORLD TRAVEL CORP.
                            STATEMENTS OF CASH FLOW
                          (a Development Stage Company)
                      from inception through June 30, 2001
                and the periods ended September 30, 2000 and 2001


<TABLE>
<CAPTION>
                                                                     From
                                                                Inception on
                                              From January      December 10,
                                              1, 2001 to       1998 through
                                            September 30,      September 30,
                                           2001       2000         2001
                                         ---------  ---------  ----------
<S>                                      <C>        <C>        <C>
Operating Activities:

Net Income (Loss) . . . . . . . . . . .  $(33,396)  $(29,012)  $(107,548)

Gain on settlement of notes receivable.       -0-     (4,387)     (9,249)
Increase in payables. . . . . . . . . .    22,569     33,156      29,969
                                         ---------  ---------  ----------
Net Cash from Operations. . . . . . . .   (10,827)      (243)    (86,828)
Loss on Investment. . . . . . . . . . .    12,109        -0-      12,109
Cash received on sale of investment . .       491        -0-         491
Payment for notes receivable. . . . . .       -0-        -0-      (3,351)
Issued common stock for cash. . . . . .       -0-      1,000      37,800
Proceeds from officer . . . . . . . . .       -0-        -0-      41,685
Proceeds from subscription receivable .       -0-        -0-       1,000
                                         ---------  ---------  ----------
Net Increase (Decrease) in cash . . . .     1,773        757       2,906
Beginning Cash. . . . . . . . . . . . .     1,133      1,825           0
Cash as of Statement Date . . . . . . .  $  2,906   $  2,582   $   2,906
                                         =========  =========  ==========
</TABLE>

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

                                        4
<PAGE>

                               EWORLD TRAVEL CORP.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                               September 30, 2001


NOTES  TO  FINANCIAL  STATEMENTS

eWorld  Travel  Corp.  ("the  Company")  has  elected  to omit substantially all
footnotes  to  the financial statements for the period ended September 30, 2001,
since  there  have  been  no  material  changes  (other  than indicated in other
footnotes) to the information previously reported by the Company in their Annual
Report  filed  on  Form  10-KSB  for  the  Fiscal  year ended December 31, 2000.

COMMON  STOCK  REVERSE  SPLIT

In  September,  2001,  the  Board  of  Directors and Shareholders of the Company
approved  a  one for one hundred (1:100) reverse split of its common stock.  All
presentations  of shareholders' equity are presented as if the reverse split had
been  effect  since  inception.

UNAUDITED  INFORMATION

The  information  furnished  herein  was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments which
are,  in the opinion of management, necessary to properly reflect the results of
the  period  presented.  The information presented is not necessarily indicative
of  the  results  from  operations  expected  for  the  full  fiscal  year.

                                        5
<PAGE>

              ITEM 2. DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

 (A)  PLAN  OF  OPERATION.  Our  Plan  of  Operation  is unchanged from our last
Quarterly  Report.

     CASH REQUIREMENTS AND OF NEED FOR ADDITIONAL FUNDS: TWELVE MONTHS. Our cash
requirements  are  unchanged  from  our  previous  Quarterly Reports. Because of
market  conditions  we  have  estimated  and  continue  to estimate that we will
require  about  $125,000.00  to  $150,000.00  in  new financing, during the next
twelve  months, with which to sustain our operations. It is evident that we have
not  launched  substantial  operations  during the turbulence of the most recent
period,  affecting  capital  markets, trading markets, and auspicious conditions
for  start-up  ventures.

     CAUTIONARY  STATEMENT: There can be no assurance that we will be successful
in  raising  capital  through  private  placements  or otherwise. Even if we are
successful  in  raising  capital  through the sources specified, there can be no
assurances  that  any such financing would be available in a timely manner or on
terms acceptable to us and our current shareholders. Additional equity financing
could  be  dilutive  to  our  then existing shareholders, and any debt financing
could  involve  restrictive  covenants  with  respect  to future capital raising
activities  and  other  financial  and  operational  matters.

 (B)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
We have had no revenues for past fiscal years and the interim periods covered by
this  report.

                           PART II: OTHER INFORMATION


ITEM  1.  LEGAL  PROCEEDINGS.  None

ITEM 2. CHANGES IN SECURITIES. In September 2001, we effected a 100 to 1 reverse
split  of  our  common stock. All presentations of shareholders equity as if the
reverse  split  had  been  effective  since  inception.

ITEM  3.  DEFAULTS  ON  SENIOR  SECURITIES.  None

ITEM  4.  SUBMISSION  OF  MATTERS  TO  VOTE  OF  SECURITY  HOLDERS.  None

ITEM  5.  OTHER INFORMATION. On or about July 20, 2001, Kirt W. James retires as
our second Director. On or about August 1, 2001, J. Dan Sifford was appointed as
our  second  Director.

ITEM  6.  EXHIBITS  AND  REPORTS  ON FORM 8-K. See Form 8-K dated July 31, 2001,
attached.

                                   SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-QSB  Report  for  the  Quarter ended September 30, 2001 has been signed
below  by  the  following person on behalf of the Registrant and in the capacity
and  on  the  date  indicated.

Dated:  October  29,  2001     EWORLD  TRAVEL  CORP.

                                       by
        /s/Gerald Yakimishyn          /s/J. Dan Sifford
           Gerald Yakimishyn             J. Dan Sifford
           president/director            secretary/director

                                        6
<PAGE>

--------------------------------------------------------------------------------
                                   EXHIBIT 8-K

                                  JULY 31, 2001
--------------------------------------------------------------------------------

                                        7
<PAGE>

                                  United States
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1933

                         Date of Report:  July 31, 2001

                       Commission File Number:  000-28429

                               EWORLD TRAVEL CORP.

Nevada                                                                68-0423301
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)

34700  Pacific  Coast  Highway,  Suite  303,  Capistrano  Beach  CA        92624
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:         (949)  248-1765

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

Securities  registered  pursuant  to  Section  12(g)  of  the  Act: Common Stock



     ITEM  2.  ACQUISITION OR DISPOSITION OF ASSETS. The proposed acquisition of
Powder  River  Basin  Gas Corp. has been cancelled and will not occur. We resume
focus  on  our  pre-existing  business  plan.


                                   SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
report  has  been  signed  below  by  the  following  persons  on  behalf of the
Registrant  and  in  the  capacities  and  on  the  date  indicated.

                               WORLD TRAVEL CORP.


                              /s/Gerald Yakimishyn
                                Gerald Yakimishyn
                        sole remaining officer/director

                                        8
<PAGE>