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 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 March 31,2002 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  March 31, 2002  (unaudited)  and
   December 31, 2001  .......................................................  3

   Unaudited Condensed Statements of Operations for the
   three months ended March 31, 2002 and 2001, and cummulative
   from inception on July 16, 1998 through March 31, 2002 ...................  4

   Unaudited Condensed Statements of Cash Flows for the
   three months ended March 31, 2002 and 2001, and cummulative
   from inception on July 16, 1998 through March 31, 2002 ...................  5

   Statement of Changes in Stockholders' equity for the period from
   from inception on July 16, 1998 through March 31, 2002 (unaudited) .......  6

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

Item 2. Plan of operation ...................................................  7

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>


                                                          March, 31 December, 31
                                                            2002         2001
                                                       ------------ ------------
                                                        (unaudited)
<S>                                                        <C>         <C>
                                     ASSETS
ASSETS
                                                       $          -  $         -
                                                       ============ ============



                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES


   Total Current Liabilities                           $          -  $         _
                                                       ------------ ------------

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                                           15,450       13,540
   (Deficit) accumulated during the development stage       (16,450)     (14,540)
                                                       ------------ ------------

Total Stockholders' Equity (Deficit)                              -            -
                                                       ------------ ------------
                                                       $          -  $         -
                                                       ============ ============
</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
                                              Three Months Ended    (Inception)
                                                   March 31,              to
                                                2002        2001   March 31, 2002
                                          ------------------------- ------------
<S>                                            <C>        <C>          <C>
REVENUES                                   $          - $          - $         -
                                          ------------ ------------ ------------
EXPENSES
   General and administrative                    1,910          960       16,450
                                          ------------ ------------ ------------

   Total expenses                                1,910          960       16,450
                                          ------------ ------------ ------------
NET (LOSS)                                $     (1,910)$       (960)$    (16,450)
                                          ============ ============ ============
NET (LOSS) PER SHARE                            *           *
                                          ============ ============
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                   7,000,000    7,000,000
                                          ============ ============
* 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,
                                                      For The Nine Months Ended      1998
                                                             March 31,           (Inception)
                                                       -------------------------      to
                                                            2002         2001   March 31, 2002
                                                       ------------ ------------ ------------
<S>                                                         <C>         <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net (loss) from operations                           $    (1,910) $      (960) $   (16,450)
   Adjustments to reconcile net (loss) to net
     cash used by operating activities:
          Contributed capital                                 1,910                    15,450
          Changes in:
              Shareholder advances                                           960            -
                                                       ------------ ------------ ------------

          Net Cash (Used) by Operating Activities                 -            -       (1,000)
                                                       ------------ ------------ ------------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Proceeds from sale of common stock                                                   1,000
                                                       ------------ ------------ ------------

Net Cash From Financing Activities                                -            -        1,000
                                                       ------------ ------------ ------------

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 $.01 per share                     200,000          200        1,800                     2,000
Proceeds from sale of common
   stock at par value $.001                    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)
Contributed capital                                                       11,740                    11,740
   Net (loss) for the year                                                             (6,185)      (6,185)
                                          ------------ ------------ ------------ ------------ ------------
Balances, December 31, 2001                  1,000,000        1,000       13,540      (14,540)           -
(unaudited)
Contributed capital                                                        1,910                     1,910
   Net (loss) for the quarter                                             (1,910)                   (1,910)
                                          ------------ ------------ ------------ ------------ ------------
Balances, March 31, 2002                     1,000,000  $     1,000  $    15,450  $   (16,450) $         -
                                          ============ ============ ============ ============ ============


</TABLE>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS



                                       6
<PAGE>

Note 1. BASIS OF PRESENTATION

In the opinion of management,  the accompanying  unaudited  condensed  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  March  31,  2002 and the  results  of its
operations  and cash flows for the three  months  ended  March 31, 2002 and 2001
have been made.  Operating results for the three months ended March 31, 2001 are
not  necessarily  indicative  of the results  that may be expected  for the year
ended December 31, 2002.

These  condensed  financial  statements  should be read in conjunction  with the
financial  statements  and notes thereto  contained in the Company's Form 10-KSB
for the year ended December 31, 2001.

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.

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 6th day of June 2002.

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

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