SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                 for the quarterly period ended March 31, 2003.

               [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                        For the transition period from to

                         Commission File Number: 1-1767

                                GLOBAL DECS CORP.
                  --------------------------------------------
                 (Name of small business issuer in its charter)

         Utah                                               87-0267213
 ----------------------                             ---------------------------
(State of Incorporation)                           (I.R.S. Employer I.D. Number)

                    3150 S.W. 42nd Avenue, Palm City, Florida      34990
                     --------------------------------------       --------
                    (Address of Principal executive offices)     (Zip Code)

                    Issuer's telephone number (772) 221-2532

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act during the past 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     No  X
                                     -----  -----

Applicable only to issuers involved in bankruptcy proceedings during the past
five years

Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court.

                                  Yes     No
                                     -----  -----
Applicable only to corporate issuers

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date. At May 20, 2003 the following shares
of common were outstanding: Common Stock, $0.001 par value, 62,537,075 shares.

Transitional Small Business Disclosure
Format (Check one):
                                  Yes     No  X
                                     -----  -----

Exhibits are indexed at page 10.

<PAGE>


                         PART 1 - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS AND EXHIBITS

     (a) The financial statements of registrant for the three months ended March
31, 2003, follow. The financial statements reflect all adjustments which are, in
the opinion of management, necessary to a fair statement of the results for the
interim period presented.



                                GLOBAL DECS CORP.
                          (A Development Stage Company)

                              FINANCIAL STATEMENTS
                          Quarter Ended March 31, 2003



                                    CONTENTS


     Balance Sheet                                                           3
     Statements of Operations                                                4
     Statements of Cash Flows                                                5
     Notes to Financial Statements                                           6


                                        2

<PAGE>


                                GLOBAL DECS CORP.
                          (A Development Stage Company)
                                  Balance Sheet
                      March 31, 2003 and December 31, 2002



                                     ASSETS

                                                         Unaudited
                                                          March 31   December 31
                                                            2003         2002
                                                            ----         ----
CURRENT ASSETS

     Cash and cash equivalents                           $       0    $       0
                                                         ---------    ---------
        Total current assets                                     0            0

PATENTED MINING CLAIMS - Note A                          ---------    ---------
        Total Assets                                     $       0    $       0
                                                         =========    =========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

     Accounts payable-trade                              $  61,858    $  61,858

     Accounts payable-other                              ---------    ---------

            Total current liabilities                       61,858       61,858

STOCKHOLDERS' EQUITY
     Common Stock - par value $.001;
        100,000,000 shares authorized; issued and
        outstanding, 62,537,075 in 2003 and
        62,537,075 in 2002                                  62,537       62,537
     Common stock - escrow - Note B                        (52,896)     (52,896)
     Additional paid-in capital                            370,202      370,202
     Deficit accumulated during development stage         (441,701)    (441,701)
                                                         ---------    ---------
            Total Stockholders' Equity                     (61,858)     (61,858)
                                                         ---------    ---------

            Total Liabilities and Stockholders' Equity   $       0    $       0
                                                         =========    =========


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

                                        3

<PAGE>
<TABLE>
<CAPTION>


                                      GLOBAL DECS CORP.
                                (A Development Stage Company)
                                   Statement of Operations
                   From August 19, 1907 (inception) through March 31, 2003
                   and for the Three Months Ended March 31, 2002 and 2003



                                                                            From August 19,
                                                                                 1907
                                                   Three Months               (Inception)
                                                  Ended March 31,               through
                                             -------------------------          March 31,
                                                2003          2002               2003
                                                ----          ----            -----------

<S>                                          <C>           <C>                <C>
REVENUES                                     $         0   $         0        $         0

OPERATING COSTS AND EXPENSES

     General, selling and administrative               0             0            467,686
                                             -----------   -----------        -----------

OTHER INCOME (EXPENSES)

     Gain from settlement of debt - Note A             0             0             25,985
                                             -----------   -----------        -----------
            Loss before income taxes                   0             0           (441,701)
Provision for income taxes                          --            --                 --
                                             -----------   -----------        -----------
            NET LOSS                         $         0   $         0        ($  441,701)
                                             ===========   ===========        ===========

Earnings (Loss Per Share)
Basic loss per share                         $      --     $      --
                                             ===========   ===========
Diluted loss per share                       $      --     $      --
                                             ===========   ===========
Weighted average common shares
outstanding                                   41,594,525    41,594,525
                                             ===========   ===========


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

                                              4
</TABLE>

<PAGE>
<TABLE>
<CAPTION>


                                         GLOBAL DECS CORP.
                                   (A Development Stage Company)
                                      Statement of Cash Flows
                      From August 19, 1907 (inception) through March 31, 2003
                      and for the Three Months Ended March 31, 2002, and 2003



                                                                                   From August 19,
                                                                                        1907
                                                           Three Months              (Inception)
                                                          Ended March 31,              through
                                                       ----------------------         March 31,
                                                          2003         2002             2003
                                                          ----         ----           ---------

Cash flows from operating activities
<S>                                                    <C>          <C>               <C>
     Net loss                                          ($      0)   ($      0)        ($441,701)
Adjustments to reconcile net income to net cash
     provided by operating activities:
        Depreciation and amortization
        Noncash compensation                                                             33,744
        Valuation adjustment of mining claims                                            60,000

Changes in assets and liabilities
        Increase (decrease) in accounts payable                                          61,858
                                                       ---------    ---------         ---------
        Total adjustments                                      0            0           155,602
                                                       ---------    ---------         ---------
        Net cash used by operating activities                  0            0          (286,099)

Cash flows from investing activities                           0            0                 0

Cash flows from financing activities
     Proceeds from issuance of common stock                                             286,099
                                                       ---------    ---------         ---------
Net increase (decrease) in cash and cash equivalents           0            0                 0

Cash and cash equivalents at beginning of period               0            0                 0
                                                       ---------    ---------         ---------
Cash and cash equivalents at end of period             $       0    $       0         $       0
                                                       =========    =========         =========
Supplemental cash flow information:
-----------------------------------
Cash paid during the period for interest               $       0    $       0         $       0
                                                       =========    =========         =========
Cash paid during the period for income taxes           $       0    $       0         $       0
                                                       =========    =========         =========


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

                                                 5
</TABLE>

<PAGE>


                                GLOBAL DECS CORP.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                      March 31, 2003 and December 31, 2002
                                   (Unaudited)

NOTE A  -  NATURE OF OPERATIONS AND SUMMARY OF
           ACCOUNTING POLICIES

Global DECS Corp. (the "Company"), formerly known as The Gold Chain Mining
Company, a development stage company, was incorporated under the laws of the
state of Utah on August 19, 1907. The Company was formed to explore and develop
mining properties and has been engaged in these activities since inception.
Production on acquired patented mining claims has never commenced and the
Company has therefore been considered in the development stage. Its principal
activities have consisted of financial planning, establishing sources of
production and supply, developing markets, and raising capital. Its principal
operations have not started and the Company has no present sources of
significant revenues. Realization of a major portion of its assets and
satisfaction of its liabilities is dependent upon the Company's ability to meet
its future financing requirements and the success of future operations. These
factors raise substantial doubt about the Company's ability to continue as a
going concern. The financial statements do not include any adjustments that
might arise as a result of this uncertainty.

There have been changes in the authorized common capital stock and the par value
since inception. On June 29, 2001, the Company authorized an increase in the
total amount of authorized common stock to one hundred million (100,000,000)
shares and a change in the par value from $0.01 to $0.001 per share. On
September 28, 2001, the company amended its Articles of Incorporation to change
its name from The Gold Chain Mining Company to Global DECS Corp. The Company
also obtained a new Cusip number and changed its trading symbol from otcbb:GOCH
to otcbb:GDEC.

On June 29, 2001, the Company entered into a Plan and Agreement of
Reorganization (the "Plan") by share exchange with Emission Controls Corp., a
Colorado corporation ("ECC"). Pursuant to the Plan, ECC was to acquire control
of the Company by purchasing the controlling stockholders' control shares for
cash and securities. The Company preliminarily issued 17,195,850 shares of
common stock for the transaction, which were held in escrow pending completion
of the reorganization. The plan was rescinded in October, 2001 but the
17,195,850 shares remain outstanding and have not yet been cancelled.

On November 7, 2001, the Company signed an assignment agreement with a foreign
investment company to acquire all rights, title and interest in and to an asset
purchase agreement with a medical technology company intending to develop and
distribute certain medical products. On November 20, 2001, the Company filed a
Form 8-K to report the asset purchase agreement. The agreement requires the
Company to issue fifty-five million (55,000,000) shares of the Company's
restricted common stock in exchange for irrevocable assignment to the Company of
all right, title and interest in the medical technology asset purchase contract.
The agreement was never consummated and subsequently rescinded.

                                        6

<PAGE>


On March 27, 2002, the Company filed a Form 8-K wherein it reported transfer of
50,100,000 shares of its previously issued common stock to a foreign corporation
in exchange for certain contacts and referrals in the yachting industry. On
March 19, 2002, the Company approved a stock purchase agreement for the
acquisition of a German corporation engaged in the design, distribution and sale
of custom made yachting products.

On May 16, 2002, pursuant to a legal action by certain of the Company's
shareholders, a Settlement Agreement and Release was entered into wherein the
55,000,000 shares issued in November, 2001, is to be returned to the Company,
all directors and officers appointed since November 2, 2001 resign and all
contracts entered into since November 2, 2001 are rescinded. See Note E,
Subsequent Events for material transactions following the settlement.

1.    Cash and Cash Equivalents
      -------------------------

The Company considers all highly liquid debt instruments with a maturity of
three months or less to be cash equivalents.

2.    Patented Mining Claims
      ----------------------

On June 29, 2001, as part of the exchange required by the intended Plan and
agreement of Reorganization, the Company transferred ownership of its 29
patented mining claims to a former controlling shareholder and related party, in
exchange for the full cancellation of the Company's accounts payable to that
related party. These claims covered 151 acres in the Tintic Mining District,
Juab County, Utah. The Company and its predecessors in interest had established
the existence of a commercially viable ore deposit: however, full production had
not started and all mining activities were inactive after 1995. No value was
recognized for these claims resulting in a gain on settlement of debt.

3.    Revenue Recognition
      -------------------

The Company currently has no significant revenues as it is still in the
development stage.

4.    Income Taxes
      ------------

Deferred income taxes are provided on temporary differences between the tax
basis of an asset or liability and its reported amount in the financial
statements that will result in taxable or deductible amounts in future years.
Deferred income tax assets or liability are determined by applying the presently
enacted tax rates and laws.

5.    Use of Estimates
      ----------------

In preparing financial statements in conformity with generally accepted
accounting principles, management is required to make estimates and assumptions
that affect certain reported amounts and disclosures, accordingly, actual
results could differ from those estimates.

                                        7

<PAGE>


NOTE B  -  COMMON STOCK

Compensation. In September, 2001, the Company issued 900,000 of its common stock
registered under its Form S-8, to a consultant in lieu of other compensation. In
October and November 2001, the Company issued a total of 1,887,250 shares on
stock to several individuals for consulting services.

On November 2, 2001, the company issued an additional 3,500,00 shares of common
stock, registered under its Form S-8, to two consultants in exchange for legal
and other services. Under the terms of the Legal Settlement and Release dated
May 16, 2002, these issuances are valid.

Other. On October 1, 2001, the Company issued 17,195,180 shares of its common
stock to a corporation to be held in escrow. Such stock is being held by the
Company's transfer agent pending instructions from the Company. On November 19,
2001, the Company issued 55,000,000 shares of its common stock pursuant to a
contract dated November 19, 2001. Under the terms of the Legal Settlement and
Release dated May 16, 2002, the entire 55,000,000 shares is to be returned to
the Company for cancellation. As of the audit date, the Company's transfer agent
was in possession of the certificate awaiting direction from the Company.

On October 1, 2002, the Company issued a total of 35,700,000 shares of its
common stock, to be held in escrow, to two corporations in conjunction with a
planned merger. The merger was subsequently rescinded. As of the audit date, the
stock had not been cancelled and remained in escrow.

Escrow. As of March 31, 2003, a total of 52,895,180 shares were held in an
escrow account reflected in these financial statements as a contra-equity
account in the equity section of the balance sheet.

NOTE  C -  INCOME TAXES

The Company's effective income tax benefit for the periods ended March 31, 2002
and 2003 are as follows:

                                                         2003          2002
                                                         ----          ----
     Income tax benefit at federal statutory rate     $  144,350    $  144,350
     Change in valuation allowance                      (144,350)     (144,350)
                                                      ----------    ----------

                                                      $     --      $     --

Components of deferred tax assets at March 31, 2002 and 2003 as follows:

     Assets
          Net operating loss carryforward             $  144,350    $  144,350
          Valuation allowance                           (144,350)     (144,350)
                                                      ----------    ----------

                                                      $     --      $     --


                                        8

<PAGE>


A valuation allowance is provided for deferred tax assets when it is more likely
than not that some portion or all of the deferred tax assets will not be
realized. At March 31, 2003, the Company has a net deferred tax asset mainly
related to a net operating loss carryforward. As such carryforward can only be
used to offset future taxable income, management has fully reserved this net
deferred tax asset with a valuation allowance until it is more likely than not
that taxable income will be generated.

NOTE D - RELATED PARTY TRANSACTIONS

In September, 2001, the Company satisfied its account payable to a related party
in the amount of $24,405 by quitclaiming all of its interest in and to the 29
patented mining claims referred to in Note A above. On October 1, 2002, the
Company issued 1,000,000 shares of its common stock to two related parties in
exchange for services.

                                        9

<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS.

     The Company is in the development stage and has no significant operations.

Results of Operations

     During the period from August 19, 1907 (inception) through March 31, 2003,
the Company has accumulated a deficit of $441,701. During this period, the
Company has engaged in no significant operations other than organizational
activities, acquisition of capital, compliance with its periodical reporting
requirements, limited mineral and mining properties acquisitions, and recent
efforts to locate a suitable merger or acquisition candidate. No revenues were
received by the Company during this period.

     For the fiscal year ending December 31, 2003, the Company anticipates
incurring a loss as a result of expenses associated with compliance with the
reporting requirements of the Securities Exchange Act of 1934, and expenses
associated with locating and evaluating acquisition candidates. The Company
anticipates that until a business combination is completed with an acquisition
candidate, it will not generate revenues. It may also continue to operate at a
loss after completing a business combination, depending upon the performance of
the acquired business.

Plan of Operations and Need for Additional Financing

     During the fiscal year ending December 31, 2003, the Company plans to
continue with efforts to seek, investigate, and, if warranted, acquire one or
more properties or businesses. The Company also plans to file all required
periodical reports and to maintain its status as a fully-reporting Company under
the Securities Exchange Act of 1934. In order to proceed with its plans for the
next year, it is anticipated that the Company will require additional capital in
order to meet its cash needs. These include the costs of compliance with the
continuing reporting requirements of the Securities Exchange Act of 1934, as
amended, as well as any costs the Company may incur in seeking business
opportunities.

     No specific commitments to provide additional funds have been made by
management or other stockholders, and the Company has no current plans,
proposals, arrangements or understandings with respect to the sale or issuance
of additional securities prior to the location of a merger or acquisition
candidate. Accordingly, there can be no assurance that any additional funds will
be available to the Company to allow it to cover its expenses. Notwithstanding
the foregoing, to the extent that additional funds are required, the Company
anticipates receiving such funds in the form of advancements from current
shareholders without issuance of additional shares or other securities, or
through the private placement of restricted securities rather than through a
public offering.

ITEM 3: CONTROLS AND PROCEDURES

     We rely on controls and procedures to ensure that material information
regarding our company and its operations is provided to the public in a timely
manner. During the last 90 days, our principal executive and financial officer,

                                       10

<PAGE>


Willard J. Wiens, evaluated the effectiveness of these disclosure controls and
procedures and determined that there were no significant deficiencies in these
procedures. Also, Mr. Weins did not identify any deficiencies or material
weaknesses in our internal controls, nor did he identify fraud that involved
management or other employees who had a significant role in our internal
controls. He did not find any deficiencies or weaknesses which would require
changes to be made or corrective actions to be taken related to our internal
controls.

                         PART 2 - FINANCIAL INFORMATION

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

     (a)

     99.1 Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section
          1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of
          2002.

     (b)

          No reports on Form 8-K were filed by the Company during this quarter
          ending March 31, 2003.


SIGNATURES

     In accordance with 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.

                                            GLOBAL DECS CORP.


                                            By:  /s/  Willard J. Weins
                                               -------------------------------
                                                      Willard J. Weins
                                                      President and
                                                      Chief Executive Officer

                                            Dated: May 20, 2003

                                       11

<PAGE>


                                  CERTIFICATION

     I, Willard G. Weins, President and Chief Executive Officer of Global DECS
Corp., certify that I am the only executive officer of the Company and that:

1.   I have reviewed this quarterly report on Form 10-QSB of Global DECS Corp.;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

          a) designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this quarterly
          report is being prepared;

          b) evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

          c) presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent functions):

          a) all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

          b) any fraud, whether or not material, that involves management or
          other employees who have a significant role in the registrant's
          internal controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.


Date: May 20, 2003


By:  /s/  Willard G. Weins
   --------------------------
          Willard G. Weins
          President and Director

                                       12