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: September 30, 2001
                                     ------------------

                                       OR

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

                           Commission File No.: 0-3125
                                                ------

                              General Devices, Inc.
      ----------------------------------------------------------------
      (Exact name of small business issuer as specified in its charter)


           Delaware                                           21-0661726
------------------------------                          ----------------------
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                            Identification No.)


               376 Main Street, P.O. Box 74, Bedminster, NJ 07921
               --------------------------------------------------
                  (Address of principal executive offices)


                                 (908) 234-1881
           ----------------------------------------------------------
                           (Issuer's telephone number)

                                       N/A
  ---------------------------------------------------------------------------
            (Former name, former address and former fiscal year,
                       if changed since last report)

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the issuer was required to file such  reports),  and (2) has
been subject to such filing  requirements  for the past 90 days.
Yes  X     No
    ---       ---

     State the number of shares  outstanding of each of the issuer's  classes of
common stock:  As of October 31, 2001,  the issuer had  1,372,922  shares of its
common stock, par value $.01 per share, outstanding.

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


<page>




Part  I - FINANCIAL INFORMATION
-------   ---------------------

Item 1. - Financial Statements
-------   ---------------------

                               GENERAL DEVICES, INC.
                                  BALANCE SHEET
                                   (UNAUDITED)


                                                         September 30,
                                                             2001
                                                        ---------------
Assets
------

Current assets:
  Cash                                                    $   21,798
  Prepaid assets                                                 668
                                                          ----------
      Total current assets                                $   22,466
                                                          ==========

Liabilities and stockholders' equity
------------------------------------

Current liabilities:
  Accrued liabilities                                    $    6,930
                                                         ----------
      Total current liabilities                               6,930
                                                         ----------


Stockholders' equity:
  Common stock $.01 par value 12,000,000
    shares authorized; 1,372,922 outstanding                 13,729
  Capital in excess of par value                          2,183,102
  Accumulated deficit                                   ( 2,181,295)
                                                         ----------

      Total stockholders' equity                             15,536
                                                         ----------

      Total liabilities and stockholders'
          equity                                         $   22,466
                                                         ==========















               See accompanying notes to financial statements.

                                    2


<PAGE>


                              GENERAL DEVICES, INC.
                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)





                                                       Three Months Ended
                                                          September 30,
                                                   ---------------------------
                                                      2001              2000
                                                   ---------         ---------

Revenue                                            $       -         $       -

General and administrative expenses                    4,589            24,862
                                                   ---------         ---------

Net loss                                          ($   4,589)       ($  24,862)
                                                   =========         =========

Basic and diluted net loss per share              ($       -)       ($     .02)
                                                   =========         =========

Weighted average number of
  shares outstanding                               1,372,922           998,007
                                                   =========         =========






















               See accompanying notes to financial statements.

                                     3


<PAGE>


                              GENERAL DEVICES, INC.
                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)





                                                        Nine Months Ended
                                                          September 30,
                                                     -----------------------
                                                       2001          2000
                                                     ---------     ---------

Revenue                                              $       -     $       -

General and administrative expenses                     20,079        58,347
                                                     ---------     ---------

Net loss                                            ($  20,079)    ($ 58,347)
                                                     =========      ========

Basic and diluted net loss per share                ($     .01)    ($    .06)
                                                     =========      ========

Weighted average number of
  shares outstanding                                 1,372,922       998,007
                                                     =========      ========






















                   See accompanying notes to financial statements.

                                        4


<PAGE>


                              GENERAL DEVICES, INC.
                            STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)





                                                        Nine Months Ended
                                                          September 30,
                                                     -----------------------
                                                        2001         2000
                                                     ---------     ---------

Cash flows from operating activities:
     Net loss                                        ($ 20,079)    ($ 58,347)
     Change in prepaid assets                        (     668)            -
     Change in accounts payable and
      accrued liabilities                                3,573     (   3,108)
                                                      --------      --------
      Net cash used in operating activities          (  17,174)    (  61,455)
                                                      --------      --------


Net decrease in cash                                 (  17,174)    (  61,455)
Cash at beginning of period                             38,972        63,691
                                                      --------      --------
Cash at end of period                                 $ 21,798      $  2,236
                                                      ========      ========

Supplemental disclosures of cash flow
      information:

         Cash paid for income taxes                   $    340      $    240
                                                      ========      ========



















                 See accompanying notes to financial statements.

                                        5


<PAGE>





                            GENERAL DEVICES, INC.
                        NOTES TO FINANCIAL STATEMENTS
                         SEPTEMBER 30, 2001 AND 2000

                                 (UNAUDITED)

1.   Basis of Presentation
     ---------------------

     The accompanying  unaudited financial  statements of General Devices,  Inc.
(the  "Company")  as of  September  30,  2001 and for the three  and nine  month
periods  ended  September  30, 2001 and 2000  reflect all  material  adjustments
consisting  of only  normal  recurring  adjustments  which,  in the  opinion  of
management,  are  necessary for a fair  presentation  of results for the interim
periods.  Certain information and footnote disclosures required under accounting
principles  generally  accepted  in the  United  States  of  America  have  been
condensed or omitted pursuant to the rules and regulations of the Securities and
Exchange  Commission,  although the Company  believes that the  disclosures  are
adequate to make the  information  presented  not  misleading.  These  financial
statements should be read in conjunction with the financial statements and notes
thereto  included  in the  Company's  Annual  Report on Form 10-KSB for the year
ended December 31, 2000, as filed with the Securities and Exchange Commission.

     The  preparation  of financial  statements  in conformity  with  accounting
principles   generally  accepted  in  the  United  States  of  America  requires
management to make estimates and assumptions that affect the reported amounts of
assets and  liabilities  and disclosure of contingent  assets and liabilities at
the date of the  financial  statements  and the reported  amount of revenues and
expenses  during the reporting  period.  Actual  results could differ from those
estimates.

     Certain  reclassifications  have been made to the  prior  year's  financial
statements to conform to the current year's presentation.

     The  results  of  operations  for the three and nine  month  periods  ended
September 30, 2001 and 2000 are not necessarily  indicative of the results to be
expected for the entire year or for any other period.

2.   Net Loss Per Share
     ------------------

     The Company  reports loss per share under the  requirements of Statement of
Financial  Accounting  Standards No. 128,  "Earnings per Share".  Basic loss per
share includes the weighted average number of common shares  outstanding  during
the year.  Diluted loss per share includes the weighted average number of shares
outstanding and dilutive potential common shares,  such as warrants and options.
Since there are no dilutive potential common shares,  basic and diluted loss per
share are the same.




                                        6

<page>






     All share and per share  information  reflects a one-for-ten  reverse stock
split effective as of the close of business on October 16, 2000.


Item 2. -    Management's Discussion and Analysis of Financial
-------      Condition and Results of Operations
             -----------------------------------
Results of Operations
---------------------

     The  Company  had  been  engaged  in the  business  of  providing  contract
technical  services.  Effective  April 14,  1990,  the Company  sold most of its
technical  services  business,  and  certain  assets to TAD  Technical  Services
Corporation  ("TAD").  On June 1, 1990,  the Company sold its 100% owned British
subsidiary,  GDI Euroforce Ltd., to TAD. The Company continued to operate in the
technical services business from its King of Prussia, Pennsylvania location on a
much smaller scale.  Since 1993,  the Company has been  inactive.  A Petition of
Reorganization  under  Chapter 11 of the  Federal  Bankruptcy  Code was filed on
August 23, 1996.  The court  confirmed the Company's  Chapter 11  reorganization
plan on December 22, 1997,  and issued a final decree on September  15, 1998. In
February 1999 three  investors  purchased a controlling  interest in the Company
with the objective of  maximizing  shareholder  value.  The Company is currently
seeking the acquisition of an operating business. The Company is not currently a
party to any  understandings or agreements  regarding an acquisition,  merger or
similar  business  combination or transaction.  The Company was  incorporated in
1953 under the laws of the State of New Jersey.  In September  2000, the Company
was reorganized  under the laws of the State of Delaware.  Its executive offices
were located in King of Prussia,  Pennsylvania  until  September  2000 when such
offices were relocated to Bedminster, New Jersey. The Company had no revenues in
the nine months ended September 30, 2001 or in 2000.

     General  and  administrative  expenses  were  $4,589  and  $24,862  for the
quarters  ended  September  30,  2001  and  2000,   respectively.   General  and
administrative  expenses for the quarter ended  September 30, 2001  consisted of
accounting fees of $2,000,  stockholders expenses of $1,500,  management fees of
$600 and all other office  expenses of $489. In the quarter ended  September 30,
2000 general and administrative  expenses consisted of stockholders  expenses of
$18,166  and  legal  fees  of  $5,442  (pertaining  primarily  to the  Company's
reorganization in Delaware) and all other office expenses of $1,254.



                                        7



<PAGE>



     For the nine  months  ended  September  30,  2001  and  2000,  general  and
administrative  expenses  were  $20,079 and $58,347,  respectively.  General and
administrative  expenses for the nine months ended  September 30, 2001 consisted
of accounting fees of $11,500,  stockholders expenses of $5,276, management fees
of $1,800 and all other  office  expenses of $1,503.  In the nine  months  ended
September 30, 2000 general and  administrative  expenses consisted of legal fees
of $26,867 and  stockholders  expenses of $21,441  (pertaining  primarily to the
Company's  reorganization  in Delaware),  consulting fees of $4,500,  accounting
fees of $3,830 and all other office expenses of $1,709.

Liquidity and Capital Resources
-------------------------------

     At September  30, 2001 the Company had cash and working  capital of $21,798
and  $15,536,  respectively.  Management  believes  that the  Company's  cash is
adequate  for its  current  business  activities.  Additional  financing  may be
required  for the costs of  seeking an  acquisition  of an  operating  business.
Management  is currently  reviewing  additional  sources of financing  should it
become necessary.



Part II - OTHER INFORMATION
-------   -----------------

Item 6. - Exhibits and Reports on Form 8-K
-------   --------------------------------

(a)       Exhibits
          --------

          None

(b)       Reports on Form 8-K
          -------------------

          None















                                        8





<page>

                                   SIGNATURES


     In accordance  with the  requirements  of the Exchange Act, the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                                     GENERAL DEVICES, INC.



Dated: November 7, 2001                       By:/s/ John W. Galuchie, Jr.
                                                 ------------------------------
                                                 John W. Galuchie, Jr.
                                                 Chairman




































                                        9