UNITED STATES
                       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, 2002


( )TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
      ACT OF 1934 For the transition period from               to
                                                 -------------    -------------

Commission File Number: 000-32797

                                   Turer Corp.
                                   -----------
                 (Name of Small Business Issuer in its charter)

Nevada                                                                33-0965560
------                                                                ----------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

317 20th Street, Manhattan Beach, California                              90266
-------------------------------------------------------------- -----------------
(Address of principal executive offices)                             (Zip Code)

                    Issuer's telephone number: (310) 802-1744

                          34601 Calle Monte, Capistrano
                Beach, CA 92624 (Former name, former address and
                former fiscal year, if changed since last report)


                      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 practical date. As of May 20, 2002, there were
13,000,000 shares of the issuer's $.001 par value common stock issued and
outstanding.




                                       1
<PAGE>



                         PART I - FINANCIAL INFORMATION


Item 1.  Financial Statements





                                   TURER CORP.
                          (A DEVELOPMENT STAGE COMPANY)

                              FINANCIAL STATEMENTS

                                 MARCH 31, 2002









                                       2
<PAGE>





                                   TURER CORP.
                          (A Development Stage Company)
                                 BALANCE SHEETS



<TABLE>
<CAPTION>
                        <S>                                                   <C>                 <C>
                                                                           March 31,         December 31,
                                                                             2002               2001
                                                                       ----------------    ---------------
                                                                          (Unaudited)

     ASSETS                                                              $           -      $
                                                                                                        -
                                                                       ================    ===============
     LIABILITIES AND STOCKHOLDER'S DEFICIT
     Accrued expenses                                                    $       1,500      $       1,000
                                                                       ----------------    ---------------
          Total current liabilities                                              1,500              1,000
                                                                       ----------------    ---------------
     STOCKHOLDER'S DEFICIT
     Preferred Stock, $0.001 par value;
        5,000,000 shares authorized, no shares
        issued and outstanding                                                       -                  -
     Common Stock, $0.001 par value;
         50,000,000 shares authorized,
         5,000,000 shares issued and outstanding                                 5,000
                                                                                                    5,000
     Additional paid-in capital                                                  1,339              1,339
     Deficit accumulated during
        the development stage                                                   (7,839)            7,339)
                                                                       ----------------    ---------------
        Total stockholder's deficit                                             (1,500)            1,000)
                                                                       ----------------    ---------------
                 Total liabilities and stockholder's deficit             $                  $           -
                                                                       ================    ===============
</TABLE>







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

                                       3
<PAGE>



                                   TURER CORP.
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
                                   (Unaudited)


<TABLE>
<CAPTION>
                      <S>                                                   <C>                   <C>
                                                                     January 1, 2002          May 8, 2001
                                                                            to              (Inception) to
                                                                      March 31, 2002        March 31, 2002
                                                                    -------------------   --------------------
     Revenue                                                         $               -     $
                                                                                                           -
     General and administrative expenses                                           500                 7,339
                                                                    -------------------   --------------------
     Loss from operations before provision for income taxes                       (500)               (7,339)

     Provision for income taxes                                                      -                     -
                                                                    -------------------   --------------------
     Net loss                                                        $            (500)    $          (7,339)
                                                                    ===================   ====================
     Net loss per share - basic and diluted                          $               -     $               -
                                                                    ===================   ====================
     Weighted average number of common shares
      outstanding                                                            5,000,000             5,000,000
                                                                    ===================   ====================
</TABLE>









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

                                       5
<PAGE>




                                   TURER CORP.
                          (A Development Stage Company)
                       STATEMENT OF STOCKHOLDER'S DEFICIT



<TABLE>
<CAPTION>
            <S>                                          <C>          <C>             <C>             <C>             <C>
                                                                                                    Deficit
                                                                                                   Accumulated
                                                                                   Additional      During the
                                                          Common Stock              Paid-in       Development
                                                      Shares         Amount         Capital          Stage           Total
                                                   ------------- --------------  --------------- ---------------  ------------
Balance, May 8, 2001                                             $           -   $            -  $            -   $         -
                                                              -
Issuance of shares for services - May 9, 2001         5,000,000          5,000                -                         5,000
                                                                                                              -
Expenses paid by shareholder                                  -              -            1,339               -         1,339

Net loss                                                                                      -                        (7,339)
                                                              -              -                           (7,339)
                                                   ------------- --------------  --------------- ---------------  ------------
Balance, December 31, 2001                            5,000,000          5,000            1,339           (7339)       (1,000)

Net loss (unaudited)                                          -              -                -            (500)         (500)
                                                   ------------- --------------  --------------- ---------------  ------------
Balance, March 31, 2002 (unaudited)                   5,000,000  $       5,000   $        1,339  $       (7,839)  $    (1,500)
                                                   ============= ==============  =============== ===============  ============
</TABLE>









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

                                       6
<PAGE>





                                   TURER CORP.
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
                    MAY 8, 2001 (INCEPTION) TO MARCH 31, 2002
                                   (Unaudited)


<TABLE>
<CAPTION>
                         <S>                                         <C>                  <C>
                                                              January 1, 2002        May 8, 2001
                                                                    to             (Inception) to
                                                               March 31, 2002       March 31, 2002
                                                               --------------       --------------
     CASH FLOWS FROM OPERATING ACTIVITIES
          Net loss                                              $       (500)        $     (7,839)
          Stock issued for services                                        -                5,000
         Expenses paid by shareholder                                      -                1,339
         Increase in accrued expenses                                    500                1,500
                                                               --------------       --------------
     NET CASH USED IN OPERATING ACTIVITIES                                 -                    -

     CASH AND CASH EQUIVALENTS - beginning                                 -                    -
                                                               --------------       --------------
     CASH AND CASH EQUIVALENTS - March 31, 2002                 $          -         $          -
                                                               ==============       ==============
     SUPPLEMENTAL INFORMATION:
         During the initial period May 8 to March 31, 2002, the Company paid no
         cash for interest or income taxes.
</TABLE>











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

                                       7
<PAGE>



                                TURER CORP.
                       (A Development Stage Company)
                       NOTES TO FINANCIAL STATEMENTS
                              MARCH 31, 2002


NOTE 1 -       DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING
               POLICIES

               Nature of Operations
               --------------------
               Turer Corp. (the "Company") is currently a development-stage
               company under the provisions of the Financial Accounting
               Standards Board ("FASB") Statement of Financial Accounting
               Standards ("SFAS") NO. 7. The Company was incorporated under the
               laws of the state of Nevada on May 8, 2001.

               Basis of Presentation
               ---------------------
               The accompanying financial statements have been prepared in
               conformity with generally accepted accounting principles, which
               contemplate continuation of the company as a going concern.
               However, the Company has not established a source of revenue.
               This factor raises substantial doubt about the Company's ability
               to continue as a going concern. Without realization of additional
               capital, it would be unlikely for the Company to continue as a
               going concern. The financial statements do not include any
               adjustments relating to the recoverability and classification of
               recorded asset amounts, or amounts and classification of
               liabilities that might be necessary should the company be unable
               to continue in existence. It is management's objective to seek
               additional capital through a merger with an existing operating
               company. In the interim, management is committed to meeting the
               Company's minimal operating expenses.


               Interim Financial Information
               -----------------------------
               The accompanying unaudited interim financial statements have been
               prepared by the Company, in accordance with generally accepted
               accounting principles pursuant to Regulation S-B of the
               Securities and Exchanges Commission. Certain information and
               footnote disclosures normally included in audited financial
               statements prepared in accordance with generally accepted
               accounting principles have been condensed or omitted.
               Accordingly, these interim financial statements should be read in
               conjunction with the Company's financial statements and related
               notes as contained in Form 10KSB for the period ended December
               31, 2001. In the opinion of management, the interim financial
               statements reflect all adjustments, including normal recurring
               adjustments, necessary for fair presentation of the interim
               periods presented. The results of operations for the three month
               period ended March 31, 2002 are not necessarily indicative of
               results of operations to be expected for the full year ended
               December 31, 2002.




                                       8
<PAGE>



Item 2.  Plan of Operation

This following information specifies certain forward-looking statements of
management of the company. Forward-looking statements are statements that
estimate the happening of future events and are not based on historical fact.
Forward-looking statements may be identified by the use of forward-looking
terminology, such as "may", "shall", "will", "could", "expect", "estimate",
"anticipate", "predict", "probable", "possible", "should", "continue", or
similar terms, variations of those terms or the negative of those terms. The
forward-looking statements specified in the following information have been
compiled by our management on the basis of assumptions made by management and
considered by management to be reasonable. Our future operating results,
however, are impossible to predict and no representation, guaranty, or warranty
is to be inferred from those forward-looking statements.

The assumptions used for purposes of the forward-looking statements specified in
the following information represent estimates of future events and are subject
to uncertainty as to possible changes in economic, legislative, industry, and
other circumstances. As a result, the identification and interpretation of data
and other information and their use in developing and selecting assumptions from
and among reasonable alternatives require the exercise of judgment. To the
extent that the assumed events do not occur, the outcome may vary substantially
from anticipated or projected results, and, accordingly, no opinion is expressed
on the achievability of those forward-looking statements. No assurance can be
given that any of the assumptions relating to the forward-looking statements
specified in the following information are accurate, and we assume no obligation
to update any such forward-looking statements.

Our Business. We were incorporated on May 8, 2001, as a development stage or
shell corporation that sought to identify and complete a merger or acquisition
with a private entity whose business presented an opportunity for our founding
shareholder. In April 2002, we entered into an agreement and plan of
reorganization with Internet Ventures, Inc., a California corporation ("IVI")
wherein we will acquire all the outstanding shares of IVI common stock in
exchange for 12,350,000 shares of our common stock. Pursuant to the terms of
that agreement, IVI will become our wholly-owned subsidiary. The transaction
with IVI closed on May 9, 2002, and our former management resigned and new
management was appointed. We intend to issue a report on Form 8-K that contains
full disclosure about the combined entities including audited financial
statements, pro forma financial statements and full narrative disclosure similar
to the disclosure found in a registration statement on Form SB-2.

Results of Operations. We have not yet realized any revenue from operations, nor
do we expect until after such time as we complete the acquisition of IVI.

Liquidity and Capital Resources. We have cash of $0.00 as of March 31, 2002. Our
former officer and director paid our expenses since our formation. We anticipate
that our new officers and directors will continue to pay our expenses.

Before entering the agreement with IVI, we had no commitment for any capital
expenditure. However, we will continue to incur routine fees and expenses
incident to our reporting duties as a public company, and we expect to incur
significant expenses related to the acquisition and operation of IVI.

Should existing management or shareholders refuse to advance needed funds,
however, we would be forced to turn to outside parties to either loan money to
us or buy our securities. We cannot assure you that we will be able at need to
raise necessary funds from outside sources.



                                       9
<PAGE>


Plan of Operation for the Next Twelve Months. Our plan of operation is dependent
on our ability to continue the operations of IVI so that we can generate more
revenues. On or before May 23, 2002, we intend to issue a report on Form 8-K
that contains full disclosure about the combined entities including audited
financial statements, pro forma financial statements and full narrative
disclosure similar to the disclosure found in a registration statement on Form
SB-2.

In the opinion of management, available funds will not satisfy our working
capital requirements for the next twelve months. Our forecast for the period for
which our financial resources will be adequate to support our operations
involves risks and uncertainties and actual results could fail as a result of a
number of factors. We will need to raise additional capital to continue
operations. Such additional capital may be raised through public or private
financing as well as borrowings and other sources. We cannot guaranty that
additional funding will be available on favorable terms, if at all.

We are not currently conducting any research and development activities. We do
not anticipate conducting any other such activities in the next twelve months.
We do not anticipate that we will purchase or sell any significant equipment in
the next six to twelve months. We do not anticipate that we will hire any
employees in the next six to twelve months.


                          PART II -- OTHER INFORMATION

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

None.

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

None.

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

None

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

None

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

None

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

None.



                                       10
<PAGE>



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned in the City of Manhattan Beach, California, on May 20, 2002.

                                  Turer Corp.
                                  a Nevada corporation


                                  By:      /s/  Nyhl Henson
                                           -----------------------------------
                                           Nyhl Henson
                                  Its:     President, Director