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 September 30, 2001

[ ] Transition report under Section 13 or 15(d) of the Securities Exchange Act
of 1934 for the transition period from ------------ to --------------

                        Commission file number: 000-32767

                                  NORICOM, INC.
                     --------------------------------------
        (Exact name of small business issuer as specified in its charter)



           NEVADA                                         86-1024812
(State or other jurisdiction of
incorporation or organization)              (I.R.S. Employer Identification No.)


                8776 East Shea Suite B3A323, Scottsdale, AZ 85260
                   ------------------------------------------
               (Address of principal executive office) (Zip Code)
                                  (480)602-9262
                              ---------------------
                           (Issuer's telephone number)

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 registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.

Yes XX No
----- -----

The number of outstanding shares of the issuer's common stock, $0.001 par value,
as of September 30, 2001 was 1,000,000.

                                       1
<PAGE>

                                  NORICOM, INC.
                          (A DEVELOPMENT STAGE COMPANY)


                                TABLE OF CONTENTS



Part I     Financial Information                                            Page

Item 1.    Financial Statements:

   Condensed Balance Sheets September 30, 2001 and December 31,
   2000 (unaudited) .........................................................  3

   Unaudited  Condensed  Statements of Operations for the three
   and nine  months  ended  September  30,  2001 and 2000 , and
   cummulative   from   inception  on  July  16,  1998  through
   September 30, 2001 .......................................................  4

   Unaudited  Condensed  Statements  of Cash Flows for the nine
   months ended  September 30, 2001 and 2000,  and  cummulative
   from inception on July 16, 1998 through September 30, 2001  ..............  5

   Statement of Changes in Stockholders'  equity for the period
   from  inception  on July  16,  1998 to  September  30,  2001
   (unaudited)  .............................................................  6

   Notes to Financial Statements (unaudited) ................................  7

   Plan of operation  .......................................................  7

Item 2.

Part II - Other Information

Item 1. Legal Proceedings  ..................................................  7

Item 2. Changes in Securities  ..............................................  7

Item 6. Exhibits and Reports on Form  .......................................  7

Signatures  .................................................................  7

                                       2
<PAGE>


                                  NORICOM, INC.
                         ( a Development Stage Company)
                            CONDENSED BALANCE SHEETS
<TABLE>
<CAPTION>

                                                      September 30, December 31,
                                                          2001          2000
                                                       (unaudited)
                                                      ------------- ------------
<C>                                                        <C>          <C>
                                     ASSETS
                                -----------------


TOTAL ASSETS                                           $          -  $         -
                                                      ============= ============

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
   Shareholder advances                                $     10,165  $     5,555
                                                      ------------- ------------
                Total Current Liabilities                    10,165        5,555
                                                      ------------- ------------
COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT)

   Common stock, par value $.001, 25,000,000 shares
      authorized, 1,000,000 issued and outstanding            1,000        1,000
   Paid-in capital                                            1,800        1,800
   (Deficit) accumulated during the development stage       (12,965)      (8,355)
                                                      ------------- ------------

                Total Stockholders' Equity (Deficit)        (10,165)      (5,555)
                                                      ------------- ------------

                                                       $          -  $         -
                                                      ============= ============
</table>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS



                                       3
<PAGE>



                                  NORICOM, INC.
                         ( a Development Stage Company)
                       CONDENSED STATEMENTS OF OPERATIONS
                                  (unaudited)
<TABLE>
<CAPTION>
                                                                                              Cummulative
                                                                                                 from
                                                                                                July 16,
                                                                                                 1998
                                                                                              (Inception)
                                         For the Three Months Ended For the Nine Months Ended     to
                                                 September 30,             September 30,     September 30,
                                          ------------------------- ------------------------- ------------
                                               2001         2000         2001         2000          2001
                                          ------------ ------------ ------------ ------------ ------------
<S>                                            <C>           <C>          <C>          <C>          <C>
REVENUE                                    $         -  $         -  $         -  $         -  $         -
                                          ------------ ------------ ------------ ------------ ------------
EXPENSES:
   General and administrative                    1,075        1,350        4,610        2,310       12,965
                                          ------------ ------------ ------------ ------------ ------------
             Total Expenses                      1,075        1,350        4,610        2,310       12,965
                                          ------------ ------------ ------------ ------------ ------------
NET (LOSS)                                 $    (1,075) $    (1,350) $    (4,610) $    (2,310) $   (12,965)
                                          ============ ============ ============ ============ ============
NET (LOSS) PER COMMON SHARE-Basic                *           *           *            *
                                          ============ ============ ============ ============
WEIGHTED AVERAGE NUMBER OF
   COMMON SHARES OUTSTANDING                 1,000,000    1,000,000    1,000,000    1,000,000
                                          ============ ============ ============ ============

   *    Less than $.01 per share
</TABLE>


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       4
<PAGE>



                                  NORICOM, INC.
                         ( a Development Stage Company)
                       CONDENSED STATEMENTS OF CASH FLOWS
                                   (unaudited)
<TABLE>
<CAPTION>
                                                                                  Cummulative
                                                                                     from
                                                                                   July 16,
                                                                                     1998
                                                                                 (Inception)
                                                      For The Nine Months Ended       to
                                                             September 30,      September 30,
                                                       ------------------------- ------------
                                                            2001         2000         2001
                                                       ------------ ------------ ------------
<S>                                                         <C>         <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net (loss) from operations                                (3,535)      (1,635)     (12,965)
   Adjustments to reconcile net (loss) to net
       cash used by operating activities:
           Changes in:
             Shareholder advances                             3,535        1,635       10,165
                                                       ------------ ------------ ------------

           Net Cash (Used) by Operating Activities                -            -       (2,800)
                                                       ------------ ------------ ------------
CASH FLOWS FROM FINANCING ACTIVITIES:
   Proceeds from sale of common stock                                                   2,800
                                                       ------------ ------------ ------------
           Net Cash From Financing Activities                     -            -        2,800
                                                       ------------ ------------ ------------

NET INCREASE IN CASH                                              -            -            -

CASH, beginning of period                                         -            -            -
                                                       ------------ ------------ ------------
CASH, end of period                                     $         -  $         -  $         -
                                                       ============ ============ ============

</TABLE>


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       5
<PAGE>


                                  NORICOM, INC.
                         ( a Development Stage Company)
             STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

<TABLE>
<CAPTION>

                                                                                   (Deficit)
                                                                                 Accumulated
                                                                                  During the
                                                 Common Stock            Paid-in  Development
                                              Shares       Amount        Capital     Stage           Total
                                          ------------ ------------ ------------ ------------ ------------
<S>                                            <C>         <C>          <C>          <C>          <C>
(audited)
Balances, at inception                               -  $         -  $         -  $         -  $         -
Proceeds from sale of common
   stock at $.001 per share                    200,000          200        1,800                     2,000
Proceeds from sale of common
   stock At $.001 per share                    800,000          800                                    800
   Net (loss) for the period                                                           (2,385)      (2,385)
                                          ------------ ------------ ------------ ------------ ------------

Balances, December 31, 1998                  1,000,000        1,000        1,800       (2,385)         415
   Net (loss) for the year                                                             (2,985)      (2,985)
                                          ------------ ------------ ------------ ------------ ------------

Balances, December 31, 1999                  1,000,000        1,000        1,800       (5,370)      (2,570)
   Net (loss) for the year                                                             (2,985)      (2,985)
                                          ------------ ------------ ------------ ------------ ------------

Balances, December 31, 2000                  1,000,000        1,000        1,800       (8,355)      (5,555)
(unaudited)
   Net (loss) for the three months
   ended March 31 2001                                                                   (960)        (960)
                                          ------------ ------------ ------------ ------------ ------------

Balances, March 30, 2001 (unaudited)         1,000,000        1,000        1,800       (9,315)      (6,515)
   Net (loss) for the three months
   ended June 30, 2001                                                                 (2,575)      (2,575)
                                          ------------ ------------ ------------ ------------ ------------

Balances, June 30, 2001 (unaudited)          1,000,000        1,000        1,800      (11,890)      (9,090)
   Net (loss) for the three months
   ended September 30, 2001                                                            (1,075)      (1,075)
                                          ------------ ------------ ------------ ------------ ------------

Balances, September 30, 2001 (unaudited)     1,000,000  $     1,000  $     1,800  $   (12,965) $   (10,165)
                                          ============ ============ ============ ============ ============


</TABLE>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS



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<PAGE>

Note 1. BASIS OF PRESENTATION

In the opinion of management,  the accompanying  unaudited financial  statements
have been prepared in accordance with generally accepted  accounting  principles
for interim  financial  information  and with the  instructions  to Form 10-QSB.
Accordingly,  they do not include all of the information and footnotes  required
by generally accepted accounting  principles for complete financial  statements.
In the opinion of management,  all adjustments  (consisting of normal  recurring
accruals)  considered  necessary  for  a  fair  presentation  of  the  Company's
financial  position as of September 30, 2001 and results of its  operations  and
cash flows for the three and nine months ended  September 30, 2001 and 2000 have
been made.  Operating  results for the nine months ended  September 30, 2001 are
not  necessarily  indicative  of the results  that may be expected  for the year
ended December 31, 2001.

These  condensed  financial  statements  should be read in conjunction  with the
financial statements and notes thereto contained in the Company's Form 10-SB for
the year ended December 31, 2000

ITEM 2. PLAN OF OPERATION

For the near term,  the  Company  continues  to seek merger  and/or  acquisition
candidates.  It has  had  no  operations  since  inception  and  is  financially
dependent  on its  shareholders,  who  have  financed  its  existence  to  date.
Management  of the  Company  believes  that its  shareholders  will  continue to
provide the finances the Company requires,  without the need to raise additional
capital until it achieves its indicated business plan.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings
        None

Item 2. Changes in Securities
        None

Item 6. Exhibits and Reports on Form 8-K

     (a) Exhibits
         None
     (b) Reports on Form 8-K
         No reports on Form 8-K were filed during the quarter  covered  by  this
         report.

 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, this 28th day of May 2002.

By: /s/Kevin Ericksteen
-----------------------
Kevin Ericksteen
President and Director

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