U. S. 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, 2004

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

     For the transition period from                to
                                    --------------    ---------------


                         Commission File No. 000-50295


                            Two Moons Kachinas Corp.
                            ------------------------
       (Exact name of Small Business Issuer as specified in its Charter)


           NEVADA                                      87-0656515
           ------                                      ----------
(State or Other Jurisdiction of                    (I.R.S. Employer
 incorporation or organization)                   Identification No.)

                          9005 Cobble Canyon Lane
                            Sandy, Utah 84093
                            -----------------
                 (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (801) 942-0555

             APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                PROCEEDINGS DURING THE PRECEDING FIVE YEARS

                              Not applicable.

     Check whether the registrant 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 Registrant's
classes of common stock, as of the latest practicable date:

                           March 31, 2004

                               660,300
                               -------

Transitional Small Business Disclosure Format:  Yes X   No
<PAGE>                                             ---    ---

PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Financial Statements of the Company required to be filed with
this 10-QSB Quarterly Report were prepared by management, and commence on the
following page, together with Related Notes.  In the opinion of management,
the Financial Statements fairly present the financial condition of the
Company.
<PAGE>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

             UNAUDITED CONDENSED FINANCIAL STATEMENTS

                          MARCH 31, 2004
<PAGE>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]




                             CONTENTS

                                                             PAGE

     Unaudited Condensed Balance Sheets,
          March 31, 2004 and December 31, 2003                 2


     Unaudited Condensed Statements of Operations,
          for the three months ended March 31, 2004
          and 2003 and for the period from inception on
          May 19, 2000 through March 31, 2004                  3


     Unaudited Condensed Statements of Cash Flows,
          for the three months ended March 31, 2004
          and 2003 and for the period from inception on
          May 19, 2000 through March 31, 2004                  4

     Notes to Unaudited Condensed Financial Statements     5 - 9
<PAGE>
<TABLE>
<CAPTION>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

                UNAUDITED CONDENSED BALANCE SHEETS

                              ASSETS

                                                   March 31,   December 31,
                                                     2004         2003
                                                 ___________    ___________
<S>                                            <C>            <C>
CURRENT ASSETS:
     Cash                                       $    5,478     $    7,759
     Interest receivable                                 2              1
     Inventory                                      50,500         50,500
     Prepaid expenses                                  752            126
                                               ___________    ___________
          Total Current Assets                      56,732         58,386

PROPERTY AND EQUIPMENT, net                          3,389          3,896

OTHER ASSETS:
     Website development, net                            -              -
                                               ___________    ___________
                                               $    60,121    $    62,282
                                               ___________    ___________

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
     Accounts payable                          $    16,507    $     9,428
     Advances from shareholder                       6,173          6,173
                                               ___________    ___________
               Total Current Liabilities            22,680         15,601
                                               ___________    ___________

STOCKHOLDERS' EQUITY:
     Preferred stock, $.001 par value,
          5,000,000 shares authorized,
          no shares issued and outstanding               -              -
     Common stock, $.001 par value,
          50,000,000 shares authorized,
          660,300 and 579,800 shares
          issued and outstanding, respectively         660            660
     Capital in excess of par value                113,400        113,400
     Deficit accumulated during the
          development stage                        (76,619)       (67,379)
                                               ___________    ___________
          Total Stockholders' Equity                37,441         46,681
                                               ___________    ___________
                                               $    60,121    $    62,282
                                               ___________    ___________
</TABLE>
Note:     The balance sheet as of December 31, 2003 was taken from the audited
     financial statements at that date and condensed.

The accompanying notes are an integral part of these unaudited condensed
financial statements.
                               F-2
<PAGE>
<TABLE>
<CAPTION>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

           UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                                     For the Three       From Inception
                                      Months Ended          On May 19,
                                     March 31, 2000         Through
                                 _____________________        March 31,
                                 2004             2003          2004
                               __________     __________     __________
<S>                           <C>            <C>            <C>
REVENUE                        $        -     $        -     $   10,876

COST OF GOODS SOLD                      -              -          7,000
                               __________     __________     __________
GROSS PROFIT                            -              -          3,876

OPERATING EXPENSES:
     Selling                            -              -          5,144
     General and administrative     9,246          8,472         76,233
                               __________     __________     __________
          Total Operating
          Expenses                  9,246          8,472         81,377
                               __________     __________     __________

LOSS FROM OPERATIONS               (9,246)        (8,472)       (77,501)
                               __________     __________     __________
OTHER INCOME:
     Interest income                    6             20            882
                               __________     __________     __________
          Total Other Income            6             20            882
                               __________     __________     __________

LOSS BEFORE INCOME TAXES           (9,240)        (8,452)       (76,619)

CURRENT TAX EXPENSE                     -              -              -

DEFERRED TAX EXPENSE                    -              -              -
                               __________     __________     __________

NET LOSS                      $    (9,240)   $    (8,452)   $   (76,619)
                               __________     __________     __________

LOSS PER COMMON SHARE         $      (.01)   $      (.01)   $      (.14)
                               __________     __________     __________
</TABLE>

The accompanying notes are an integral part of these unaudited condensed
financial statements.
                               F-3
<PAGE>
<TABLE>
<CAPTION>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

           UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                 NET INCREASE (DECREASE) IN CASH

                                     For the Three       From Inception
                                      Months Ended          On May 19,
                                        March 31,          2000 Through
                                 _____________________        March 31,
                                 2004             2003          2004
                               __________     __________     __________
<S>                            <C>           <C>            <C>
Cash Flows from Operating
Activities:
  Net loss                     $   (9,240)    $   (8,452)    $  (76,619)
    Adjustments to reconcile net
    loss to net cash used by
    operating activities:
      Depreciation and
      amortization                    507            567          7,315
      Non-cash services paid by
      issuance of stock                 -              -          2,500
      Changes in assets and
      liabilities:
        (Increase) decrease in
        interest receivable            (1)             3             (2)
        (Increase) in inventory         -              -        (50,500)
        (Increase) in prepaid
        expenses                     (626)          (753)          (752)
        Increase in accounts
        payable                     7,079          5,118         34,132
                               __________     __________     __________
         Net Cash (Used) by
         Operating Activities      (2,281)        (3,517)       (83,926)
                               __________     __________     __________
Cash Flows from Investing
Activities:
     Purchase of property and
     equipment                          -              -        (10,171)
     Payments for website
     development                        -              -           (533)
                               __________     __________     __________
         Net Cash (Used) by
         Investing Activities           -              -        (10,704)
                               __________     __________     __________
Cash Flows from Financing
Activities:
     Advances from shareholder          -             28          6,173
     Proceeds from issuance of
     common stock                       -              -        104,800
     Payments for stock
     offering costs                     -              -        (10,865)
                               __________     __________     __________
         Net Cash Provided by
         Financing Activities           -             28        100,108
                               __________     __________     __________
Net Increase (Decrease) in Cash    (2,281)        (3,489)         5,478

Cash at Beginning of Period         7,759         12,701              -
                               __________     __________     __________
Cash at End of Period          $    5,478     $    9,212     $    5,478
                               __________     __________     __________
Supplemental Disclosures of Cash Flow Information:
     Cash paid during the period for:
       Interest                $        -     $        -     $        -
       Income taxes            $        -     $        -     $        -
</TABLE>
Supplemental Schedule of Non-cash Investing and Financing Activities:
     For the three months ended March 31, 2004:
          None

     For the three months ended March 31, 2003:
          None

The accompanying notes are an integral part of these unaudited condensed
financial statements.
                               F-4
<PAGE>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Organization - Two Moons Kachinas, Corp. ("the Company") was organized
     under the laws of the State of Nevada on May 19, 2000.  The Company
     sells Hopi Kachina Dolls and related artwork.  The Company has not yet
     generated significant revenues from its planned principal operations and
     is considered a development stage company as defined in Statement of
     Financial Accounting Standards No. 7.  The Company has, at the present
     time, not paid any dividends and any dividends that may be paid in the
     future will depend upon the financial requirements of the Company and
     other relevant factors.

     Condensed Financial Statements - The accompanying financial statements
     have been prepared by the Company without audit.  In the opinion of
     management, all adjustments (which include only normal recurring
     adjustments) necessary to present fairly the financial position, results
     of operations and cash flows at March 31, 2004 and 2003 and for the
     periods then ended have been made.

     Certain information and footnote disclosures normally included in
     financial statements prepared in accordance with generally accepted
     accounting principles in the United States of America have been
     condensed or omitted.  It is suggested that these condensed financial
     statements be read in conjunction with the financial statements and
     notes thereto included in the Company's December 31, 2003 audited
     financial statements.  The results of operations for the periods ended
     March 31, 2004 and 2003 are not necessarily indicative of the operating
     results for the full year.

     Cash and Cash Equivalents - The Company considers all highly liquid debt
     investments purchased with a maturity of three months or less to be cash
     equivalents.

     Accounts and Loans Receivable - The Company records accounts and loans
     receivable at the lower of cost or fair value.  The Company determines
     the lower of cost or fair value of nonmortgage loans on an individual
     asset basis.  The Company recognizes interest income on an account
     receivable based on the stated interest rate for past-due accounts over
     the period that the account is past-due.  The Company recognizes
     interest income on a loan receivable based on the stated interest rate
     over the term of the loan.  The Company accumulates and defers fees and
     costs associated with establishing a receivable to be amortized over the
     estimated life of the related receivable.  The Company estimates
     allowances for doubtful accounts and loan losses based on the aged
     receivable balance and historical losses.  The Company records interest
     income on delinquent accounts and loans receivable only when payment is
     received.  The Company first applies payments received on delinquent
     accounts and loans receivable to eliminate the outstanding principal.
     The Company charges off uncollectible accounts and loans receivable when
     management estimates no possibility of collecting the related
     receivable.  The Company considers accounts and loans receivable to be
     past-due or delinquent based on contractual terms.

     Inventory - Inventory is carried at the lower of cost or market using
     the specific identification method.  At March 31, 2004 and December 31,
     2003, respectively, inventory consists of Kachina dolls and related
     artwork valued at $50,500 and $50,500.  The Company has estimated that
     no allowance for slow moving or obsolete inventory was necessary at
     March 31, 2004 and December 31, 2003.
                               F-5
<PAGE>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

     Property and Equipment - Property and equipment are stated at cost.
     Expenditures for repairs and maintenance are charged to operating
     expense as incurred.  Expenditures for additions and betterments that
     extend the useful lives of property and equipment are capitalized upon
     being placed in service.  When assets are sold or otherwise disposed of,
     the cost and related accumulated depreciation or amortization is removed
     from the accounts and any resulting gain or loss is included in
     operations.  Depreciation is computed using the straight-line method
     over the estimated useful lives of the assets of five years.

     Website Costs - The Company has adopted the provisions of Emerging
     Issues Task Force 00-2, "Accounting for Web Site Development Costs."
     Costs incurred in the planning stage of a website are expensed as
     research and development while costs incurred in the development stage
     are capitalized and amortized over the life of the asset, estimated to
     be two years.  As of March 31, 2004, the Company has capitalized a total
     of $533 of website costs.  The Company did not incur any planning costs
     and did not record any research and development costs for the three
     months ended March 31, 2004 and 2003.

     Revenue Recognition - The Company recognizes revenue upon delivery of
     the product.  Revenue derived from sales through art dealers and
     galleries is recorded net of any commissions to the dealers or
     galleries.

     Advertising Costs - Advertising costs, except for costs associated with
     direct-response advertising, are charged to operations when incurred.
     The costs of direct-response advertising are capitalized and amortized
     over the period during which future benefits are expected to be
     received.  During the three months ended March 31, 2004 and 2003,
     respectively, advertising costs amounted to $0 and $0.

     Loss Per Share - The computation of loss per share is based on the
     weighted average number of shares outstanding during the period
     presented in accordance with Statement of Financial Accounting Standards
     No. 128, "Earnings Per Share".

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

     Recently Enacted Accounting Standards - Statement of Financial
     Accounting Standards ("SFAS") No. 146, "Accounting for Costs Associated
     with Exit or Disposal Activities", SFAS No. 147, "Acquisitions of
     Certain Financial Institutions - an Amendment of FASB Statements No. 72
     and 144 and FASB Interpretation No. 9", SFAS No. 148, "Accounting for
     Stock-Based Compensation - Transition and Disclosure - an Amendment of
     FASB Statement No. 123", SFAS No. 149, "Amendment of Statement 133 on
     Derivative Instruments and Hedging Activities", and SFAS No. 150,
     "Accounting for Certain Financial Instruments with Characteristics of
     both Liabilities and Equity", were recently issued.  SFAS No. 146, 147,
     148, 149 and 150 have no current applicability to the Company or their
     effect on the financial statements would not have been significant.
                               F-6
<PAGE>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 2 - PROPERTY AND EQUIPMENT

     The following is a summary of property and equipment at cost, less
     accumulated depreciation at:

                                            March 31,    December 31,
                                              2004          2003
                                           ___________    ___________
          Computer and office equipment    $    10,171    $    10,171

          Less: accumulated depreciation        (6,782)        (6,275)
                                           ___________    ___________
                                           $     3,389    $     3,896
                                           ___________    ___________

     Depreciation expense for the three months ended March 31, 2004 and 2003
     amounted to $507 and $502, respectively.

NOTE 3 - OTHER ASSETS

     The following is a summary of other assets at cost, less accumulated
     amortization at:

                                             March 31,    December 31,
                                               2004          2003
                                           ___________    ___________
          Website development              $       533    $       533

          Less: accumulated amortization          (533)          (533)
                                           ___________    ___________
                                           $         -    $         -
                                           ___________    ___________

     Amortization expense for the three months ended March 31, 2004 and 2003
     amounted to $0 and $65, respectively.

NOTE 4 - CAPITAL STOCK

     Preferred Stock - In March 2004, the Company amended its Articles of
     Incorporation to authorize 5,000,000 shares of preferred stock, $.001
     par value, with such rights, preferences and designations and to be
     issued in such series as determined by the Board of Directors.  No
     shares are issued and outstanding at March 31, 2004.

     Common Stock - In May 2000, in connection with its organization, the
     Company issued 500,000 shares of its previously authorized but unissued
     common stock.  The shares were issued for cash of $25,000 (or $.05 per
     share).

     In November 2001, the Company issued 79,800 shares of its previously
     authorized but unissued common stock.  The shares were issued for cash
     of $79,800 (or $1.00 per share).  Stock offering costs of $10,865 were
     netted against the proceeds.
                               F-7
<PAGE>
                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 4 - CAPITAL STOCK [Continued]

     In September 2003, the Company issued 70,500 shares of its previously
     authorized but unissued common stock to pay for legal services that had
     previously been accrued as accounts payable of $17,625 (or $.25 per
     share).

     In September 2003, the Company issued 10,000 shares of its previously
     authorized but unissued common stock for services rendered valued at
     $2,500 (or $.25 per share).

NOTE 5 - INCOME TAXES

     The Company accounts for income taxes in accordance with Statement of
     Financial Accounting Standards No. 109 "Accounting for Income Taxes".
     SFAS No. 109 requires the Company to provide a net deferred tax
     asset/liability equal to the expected future tax benefit/expense of
     temporary reporting differences between book and tax accounting methods
     and any available operating loss or tax credit carryforwards.  The
     Company has available at March 31, 2004, operating loss carryforwards of
     approximately $77,700, which may be applied against future taxable
     income and which expire in various years through 2024.

     The amount of and ultimate realization of the benefits from the
     operating loss carryforwards for income tax purposes is dependent, in
     part, upon the tax laws in effect, the future earnings of the Company,
     and other future events, the effects of which cannot be determined.
     Because of the uncertainty surrounding the realization of the loss
     carryforwards, the Company has established a valuation allowance equal
     to the tax effect of the loss carryforwards and, therefore, no deferred
     tax asset has been recognized for the loss carryforwards.  The net
     deferred tax assets are approximately $11,700 and $10,300 as of March
     31, 2004 and December 31, 2003, respectively, with an offsetting
     valuation allowance of the same amount.  The change in the valuation
     allowance during the three months ended March 31, 2004 is approximately
     $1,400.

NOTE 6 - RELATED PARTY TRANSACTIONS

     Management Compensation - The Company has not paid any compensation to
     any officer or director of the Company.

     Office Space - The Company has not had a need to rent office space.  An
     officer/shareholder of the Company is allowing the Company to use his
     offices as a mailing address, as needed, at no expense to the Company.

     Advances from a shareholder - An officer/shareholder of the Company has
     made advances to the Company and has directly paid expenses on behalf of
     the Company.  At March 31, 2004 and December 31, 2003, respectively, the
     Company owed the shareholder $6,173 and $6,173.  The advances bear no
     interest and are due on demand.
                               F-8
<PAGE>

                    TWO MOONS KACHINAS, CORP.
                  [A Development Stage Company]

        NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 7 - GOING CONCERN

     The accompanying financial statements have been prepared in conformity
     with generally accepted accounting principles in the United States of
     America, which contemplate continuation of the Company as a going
     concern.  However, the Company was recently formed and has not yet been
     successful in establishing profitable operations.  These factors raise
     substantial doubt about the ability of the Company to continue as a
     going concern.  In this regard, management is proposing to raise any
     necessary additional funds not provided by operations through loans or
     through additional sales of its common stock.  There is no assurance
     that the Company will be successful in raising this additional capital
     or in achieving profitable operations.  The financial statements do not
     include any adjustments that might result from the outcome of these
     uncertainties.

NOTE 8 - LOSS PER SHARE

     The following data shows the amounts used in computing loss per share:

                                       For the Three   From Inception
                                        Months Ended      On May 19,
                                         March 31,      2000 Through
                                  _____________________    March 31,
                                     2004          2003      2004
                                  __________  _________  __________
     Loss from operations
     available to common
     shareholders (numerator)      $  (9,240) $  (8,452) $  (76,619)
                                  __________  _________  __________
     Weighted average number of
     common shares outstanding
     for the period (denominator)    660,300    579,800     560,523
                                  __________  _________  __________

     Dilutive loss per share was not presented, as the Company had no common
     stock equivalent shares for all periods presented that would affect the
     computation of diluted loss per share.

NOTE 9 - CONCENTRATIONS

     Geographic Region - During the three months ended March 31, 2004, all of
     the Company's sales and operations were located in and around Salt Lake
     City, Utah including all of the Company's inventory and property.
                               F-9
<PAGE>
Item 2.   Management's Discussion and Analysis or Plan of Operation.


Plan of Operation.
------------------

          Our plan of operation for the next 12 months is to continue sales of
Kachina dolls, both through our own web site and through Internet auction
sites and consignment to specialty stores.

          We have placed photographs of the Kachinas on our web site and may
consider putting one or two Kachinas up for auction, with a minimum bid price,
on an Internet auction site.  We also have arrangements with two retail
specialty stores; we attended the Marin County American Indian Arts Show which
was held on February 21-23, 2003; and are actively researching the
availability of similar events to showcase our products.

          As we sell Kachinas, we plan to use the proceeds to buy additional
Kachinas or jewelry for resale.  Our President provides us with rent-free
office space, and our management has verbally agreed not to accept any
compensation until we are operating profitably.  Because of our low overhead,
we believe that we can finance our initial needs for at least 12 months from
the balance of the minimum gross proceeds of $60,000 that we realized from our
public offering.  We plan to keep our expenses low and to keep our inventory
rolling over.

Forward-Looking Statements.
---------------------------

          Statements made in this Quarterly Report which are not purely
historical are forward-looking statements with respect to the goals, plan
objectives, intentions, expectations, financial condition, results of
operations, future performance and business of our Company, including, without
limitation, (i) our ability to gain a larger share of the Kachina doll
industry, our ability to continue to develop products acceptable to the
industry, our ability to retain relationships with suppliers, our ability to
raise capital, and the growth of the Native American arts and crafts industry,
and (ii) statements preceded by, followed by or that include the words "may",
"would", "could", "should", "expects", "projects", "anticipates", "believes",
"estimates", "plans", "intends", "targets" or similar expressions.

          Forward-looking statements involve inherent risks and uncertainties,
and important factors (many of which are beyond our Company's control) that
could cause actual results to differ materially from those set forth in the
forward-looking statements, including the following, in addition to those
contained in our Company's reports on file with the Securities and Exchange
Commission; general economic or industry conditions, nationally and/or in the
communities in which our Company conducts business, changes in the interest
rate environment, legislation or regulatory requirements, conditions of the
securities markets, changes in the Native American arts and crafts industry,
the development of products and that may be superior to the products and
services offered by our Company, demand for Kachina dolls, competition,
changes in the quality or composition of our Company's products, our ability
to raise capital, changes in accounting principles, policies or guidelines,
financial or political instability, acts of war or terrorism, other economic,
competitive, governmental, regulatory and technical factors affecting our
Company's operations, products, services and prices.

          Accordingly, results actually achieved may differ materially from
expected results in these statements.  Forward-looking statements speak only
as of the date they are made.  Our Company does not undertake, and
specifically disclaims, any obligation to update any forward-looking
statements to reflect events or circumstances occurring after the date of such
statements.

Item 3.   Controls and Procedures.
----------------------------------

     Within 90 days prior to the date of this Quarterly Report and as of the
end of the period covered thereby or March 31, 2004, we carried out an
evaluation, under the supervision and with the participation of our President,
of the effectiveness of the design and operation of our disclosure controls
and procedures.  Based on this evaluation, our President concluded that our
disclosure controls and procedures are effective in timely alerting them to
material information required to be included in our periodic Securities and
Exchange Commission reports.  It should be noted that the design of any system
of controls is based in part upon certain assumptions about the likelihood of
future events, and there can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions, regardless
of how remote.  In addition, we reviewed our internal controls, and there have
been no significant changes in our internal controls or in other factors that
could significantly affect those controls subsequent to the date of their last
evaluation.

                    PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.
----------------------------

          None; not applicable.

Item 2.   Changes in Securities.
--------------------------------

          None; not applicable.

Item 3.   Defaults Upon Senior Securities.
------------------------------------------

          None; not applicable.

Item 4.   Submission of Matters to a Vote of Security Holders.
--------------------------------------------------------------

          None; not applicable.

Item 5.   Other Information.
----------------------------

          None; not applicable.

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

          (a)  Exhibits.

               None.

          (b)  Reports on Form 8-K.

               None.

<PAGE>

                               SIGNATURES

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

                                     Two Moons Kachinas, Corp.



Date: 5/14/04                        By  /s/ David C. Merrell
     --------------                     -------------------------------------
                                        David C. Merrell
                                        President and Director