UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 10-QSB


                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarter Ended March 31, 2002, Commission File Number 0-32901


                           The Gizmo Company
        ---------------------------------------------------------
         (Exact name of Registrant as specified in its charter)


          Nevada                              Not Available
       ------------------------     -----------------------------------
      (State of Incorporation)      (I.R.S. Employer Identification
                                                  Number)


                  14 Pico Crescent, Thornhill, Ontario L4J 8P4
              ----------------------------------------------------
               (address of principal executive offices) (Zip Code)

     Registrant's telephone number, including area code: (905) 731-0189


                   16 Julia Street, Thornhill, Ontario L3T 4R9
       ----------------------------------------------------------------
       (Former name, address or fiscal year if changed since last
                report)


     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the  Securities  Exchange Act of
1934  during  the  preceding  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
                                ----------         ----------

     The total number of shares  outstanding of the issuer's common shares,  par
value $ .001, as of the date of this report, follow:

                            1,000,000


<PAGE>




PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements







                                The Gizmo Company
                          (A Development Stage Company)

                          Interim Financial Statements

                                 March 31, 2002




































<PAGE>



                                The Gizmo Company
                         (A Development Stage Company)
                             INTERIM BALANCE SHEET
                                 MARCH 31, 2002
                                  (UNAUDITED)

<TABLE>
                                                    MARCH 31,  DECEMBER 31,
                                                      2002        2001
                                                  (UNAUDITED)   (AUDITED)

ASSETS
<S>                                                  <C>       <C>
Current Assets
Cash                                             $     -       $   -
                                                  --------      -------

Total Current Assets                                   -           -
                                                  --------      -------

Other Assets
Incorporation costs                                    -           -
                                                  --------      -------

Total Other Assets                                     -           -
                                                  --------      -------

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

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Accounts payable                                 $     -     $     -
Advance from shareholder                               545          545
                                                  --------      -------

TOTAL CURRENT LIABILITIES                              545          545
                                                  --------      -------

Stockholders' Equity
Preferred stock, authorized 5,000,000 shares
 par value $ .001: none outstanding
Common stock, authorized 50,000,000 shares,
 par value $ .001, issued and outstanding
  - 1,000,000(December 31, 2001 - 1,000,000)        1,000        1,000
Deficit accumulated during the development stage   (1,545)      (1,545)
                                                 --------      -------

Total Stockholders' Equity                           (545)        (545)
                                                 --------      -------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $    -      $      -
                                                 ========     ========
</TABLE>

The accompanying notes are an integral part of these financial
statements
<PAGE>

                               The Gizmo Company
                         (A Development Stage Company)
                        INTERIM STATEMENT OF OPERATIONS
                   FOR THE THREE MONTHS ENDED MARCH 31, 2002
                                  (UNAUDITED)

<TABLE>

                                                   From           From
                                        Three   June 4, 2001   June 4, 2001
                                       Months   (Inception)    (Inception)
                                    Ended Mar 31, To Dec 31,  To March 31
                                       2002          2001        2002
                                    (UNAUDITED)  (AUDITED)    (UNAUDITED)
<S>                                  <C>        <C>          <C>
INCOME                                $    -       $   -       $    -
                                      -------     ------        -------

OPERATING EXPENSES
Professional Fees                          -           -            -
Amortization Expenses                      -           -            -
Administrative Expenses                    -      (1,545)        (1,545)
                                      -------    -------         ------

Total Operating Expenses                   -      (1,545)        (1,545)
                                      -------    -------         ------

Net Loss from Operations             $     -    $ (1,545)       $(1,545)
                                      =======    =======         ======

Weighted average number of shares
 outstanding                                   1,000,000      1,000,000
                                              ==========      =========

Net Loss Per Share                              $ (.001)       $ (.001)
                                                 =======        =======

</TABLE>

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














<PAGE>

                                The Gizmo Company
                         (A Development Stage Company)
                        INTERIM STATEMENT OF CASH FLOWS
                   FOR THE THREE MONTHS ENDED MARCH 31, 2002
                                  (UNAUDITED)

<TABLE>
<CAPTION>
                                                 FROM          FROM
                                        THREE   JUNE 4,       JUNE 4,
                                       MONTHS     2001         2001
                                        MARCH  (Inception) (Inception)
                                         31,    to Dec 31,   to March
                                        2002     2001        31, 2002
                                    (UNAUDITED) (AUDITED)   (UNAUDITED)
<S>                                   <C>      <C>          <C>

Cash Flows From Operating Activities:
  Net (Loss)                          $    -    $ (1,545)    $ (1,545)
  Adjustments to reconcile net loss
    to net cash used in operating
      activities:
   Stock issued for services               -       1,000        1,000
   Changes in assets and liabilities:
    Increase in accounts payable           -         -            -
    Increase in Other Assets               -         -            -
                                        --------   ------     -------
                                           -       1,000        1,000
                                        --------   ------     -------

Net Cash Used in Operating Activities        -      (545)        (545)
                                        --------    -----     -------

Cash Flow From Financing Activities:
  Issuance of Common Stock                   -       -            -
  Advances from shareholder                  -       545          545
                                         --------   -----     -------

  Net Cash Provided By Financing
        Activities                           -       545          545
                                         --------   -----     -------

Increase (Decrease) in Cash                  -       -            -

Cash and Cash Equivalents - Beginning of
       period                                -       -            -
                                         --------   -----     -------

Cash and Cash Equivalents - End of
       period                          $     -     $ -      $     -
                                        ========    ======    =======

Supplemental Cash Flow Information:
  Interest paid                        $     -     $  -      $    -
                                        ========    ======    =======
  Taxes paid                           $     -     $  -      $    -
                                        ========    ======    =======
</TABLE>

The accompanying notes are an integral part of these financial
statements


<PAGE>



                                The Gizmo Company
                         (A Development Stage Company)
              Interim Statement of Changes in Stockholders' Equity
                  FROM INCEPTION(JUNE 4, 2001) TO MARCH 31, 2002
                                  (UNAUDITED)

<TABLE>
<CAPTION>


                                                  Deficit
                                                Accumulated
                                     Additional  During the
                     Common Stock      Paid-In   Development
                Shares   Amount        Capital     Stage        Totals
<S>              <C>        <C>        <C>        <C>          <C>
Balance - June 4,
  2001                       $    -    $    -     $     -        $     -

Stock issued for
  services        1,000,000    1,000        -           -           1,000

Net loss for
  Period               -          -         -        (1,545)       (1,545)
                  ---------   ------    -------    --------        ------
Balance - December
       31, 2001   1,000,000 $  1,000   $    -     $  (1,545)      $  (545)

Stock issued for
    Services           -          -         -           -              -

Net loss for
    period             -          -         -           -              -
                  ----------  ------    -------     -------        -------
Balance - December
   31, 2001       1,000,000 $  1,000   $    -     $  (1,545)     $   (545)

Net loss for
  Period               -          -         -           -              -
                  ---------   ------    -------     -------        -------

Balance - March
   31, 2002       1,000,000 $  1,000   $    -     $  (1,545)     $   (545)
                  =========  =======    =======    ========        =======
</TABLE>


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

<PAGE>

                                The Gizmo Company
                         (A Development Stage Company)
                     Notes To Interim Financial Statements
                                 March 31, 2002
                                  (UNAUDITED)


Note 1 - General:

         Nature of Business

     The Gizmo Company (the "Company") was organized on June 4, 2001,  under the
laws of the State of Nevada, having the stated purpose of engaging in any lawful
activities. The Company was formed with the contemplated purpose to seek out and
merge or acquire a viable entity.  The Company  intends to go public in order to
meet its business objectives.

         The Company's fiscal year end is December 31.

Note 2 - Summary of Significant Accounting Policies

         Basis of Presentation - Development Stage Company

     The Company has not earned any revenue from limited  principal  operations.
Accordingly,  the  Company's  activities  have been  accounted for as those of a
"Development  Stage Enterprise" as set forth in Financial  Accounting  Standards
Board Statement No. 7 ("SFAS 7"). Among the  disclosures  required by SFAS 7 are
that the Company's financial  statements be identified as those of a development
stage  company,  and that the  statements of  operations,  stockholders'  equity
(deficit)  and cash  flows  disclose  activity  since the date of the  Company's
inception.

         Basis of Accounting

     The  accompanying  financial  statements  have been prepared on the accrual
basis of accounting in accordance with accounting  principles generally accepted
in the United  States.  In the opinion of  management,  these interim  financial
statements  include  all  adjustments  necessary  in  order  to  make  them  not
misleading.

         Estimates

     The  preparation  of financial  statements  in conformity  with  accounting
principles  accepted in the United States requires  management to make estimates
and  assumptions   that  affect  certain   reported   amounts  and  disclosures.
Accordingly, actual results could differ from those estimates.

         Cash and Cash Equivalents

     For purposes of the  statement of cash flows,  the Company  considered  all
cash and other highly liquid investments with initial maturities of three months
or less to be cash equivalents.

<PAGE>

                                The Gizmo Company
                         (A Development Stage Company)
                     Notes To Interim Financial Statements
                                 March 31, 2002
                                  (Unaudited)


Note 2 - Summary of Significant Accounting Policies(continued)

         Net earning (loss) per share

     Basic and diluted net loss per share  information  is  presented  under the
requirements  of SFAS No. 128,  Earnings per Share.  Basic net loss per share is
computed by dividing net loss by the weighted average number of shares of common
stock outstanding for the period, less shares subject to repurchase. Diluted net
loss per share  reflects the  potential  dilution of  securities by adding other
common stock equivalents, including stock options, shares subject to repurchase,
warrants and  convertible  preferred  stock, in the  weighted-average  number of
common shares  outstanding for a period, if dilutive.  All potentially  dilutive
securities  have  been  excluded  from  the  computation,  as  their  effect  is
anti-dilutive.

         Income Taxes

     The Company  accounts for income taxes under SFAS No. 109,  which  requires
the asset and  liability  approach to accounting  for income  taxes.  Under this
method,  deferred tax assets and  liabilities  are measured based on differences
between  financial  reporting and tax bases of assets and  liabilities  measured
using  enacted  tax  rates  and laws  that are  expected  to be in  effect  when
differences are expected to reverse.

Note 3 - Capital Stock Transactions

     The authorized capital common stock is 50,000,000 shares of common stock at
$.001 par value.  During this fiscal  year ended  December  31, 2001 the Company
issued 1,000,000 shares of common stock for services rendered in the amount of $
1,000.

Note 4 - Advance from Shareholder

     An  officer  of the  Company  advanced  cash to the  Company  for  start-up
incorporation costs of $545. This advance was unsecured,  bears no interest, and
is due on demand.



<PAGE>


                                The Gizmo Company
                         (A Development Stage Company)
                     Notes To Interim Financial Statements
                                 March 31, 2002
                                  (Unaudited)

Note 5 -Income Taxes

     There has been no provision  for U.S.  federal,  state,  or foreign  income
taxes for any period because the Company has incurred  losses in all periods and
for all jurisdictions.

     Deferred income taxes reflect the net tax effects of temporary  differences
between the carrying  amounts of assets and liabilities for financial  reporting
purposes and the amounts used for income tax purposes. Significant components of
deferred tax assets are as follows:

Deferred tax assets
  Net operating loss carryforwards                       $  1,545
  Valuation allowance for deferred tax assets              (1,545)
                                                          -------
Net deferred tax assets                                  $    -
                                                          =======

     Realization  of deferred tax assets is dependent upon future  earnings,  if
any, the timing and amount of which are uncertain. Accordingly, the net deferred
tax assets  have been fully  offset by a  valuation  allowance.  As of March 31,
2002, the Company had net operating loss  carryforwards of approximately $ 1,545
for federal and state income tax purposes. These carryforwards,  if not utilized
to  offset  taxable  income  begin to  expire  in 2017.  Utilization  of the net
operating  loss may be  subject  to  substantial  annual  limitation  due to the
ownership change  limitations  provided by the Internal Revenue Code and similar
state  provisions.  The annual  limitation could result in the expiration of the
net operating loss before utilization.

Note 6 - Going Concern:

     The accompanying financial statements have been prepared in conformity with
accounting   principles   generally   accepted  in  the  United  States,   which
contemplates  continuation  of the Company as a going  concern.  The Company has
generated no revenues and current liabilities exceed current assets by $ 545.

     The future  success of the  Company is likely  dependent  on its ability to
attain additional capital to develop its proposed business, and ultimately, upon
its ability to attain future  profitable  operations.  There can be no assurance
that the Company will be successful in obtaining such financing, or that it will
attain positive cash flow from operations.








<PAGE>


PART II - OTHER INFORMATION


Item 2 - Management's Discussion and Analysis of Financial Conditions
          and Results of Operations

     THE  FOLLOWING  DISCUSSION OF THE RESULTS OF OUR  OPERATIONS  AND FINANCIAL
CONDITION  SHOULD BE READ IN CONJUNCTION  WITH OUR FINANCIAL  STATEMENTS AND THE
NOTES  THERETO  INCLUDED  ELSEWHERE  IN THIS REPORT.  EXCEPT FOR THE  HISTORICAL
INFORMATION  CONTAINED HEREIN, THE DISCUSSION  CONTAINED IN THIS REPORT CONTAINS
"FORWARD-LOOKING   STATEMENTS"  THAT  INVOLVE  RISK  AND  UNCERTAINTIES.   THESE
STATEMENTS MAY BE IDENTIFIED BY THE USE OF  FORWARD-LOOKING  TERMINOLOGY SUCH AS
"BELIEVES,"  "EXPECTS," "MAY," "WILL," "SHOULD" OR "ANTICIPATES" OR THE NEGATIVE
THEREOF OR SIMILAR  EXPRESSIONS OR BY  DISCUSSIONS  OF STRATEGY.  THE CAUTIONARY
STATEMENTS MADE IN THIS REPORT SHOULD BE READ AS BEING APPLICABLE TO ALL RELATED
FORWARD-LOOKING  STATEMENTS  WHEREVER  THEY  APPEAR IN THIS  REPORT.  OUR ACTUAL
RESULTS COULD DIFFER MATERIALLY FROM THOSE DISCUSSED IN THIS REPORT.

Results of Operations

     For the three months ended March 31, 2002 the Company has not generated any
revenues.  Management's efforts to date have been devoted to focusing on raising
capital in order to fulfil its business objectives. To date, management has been
unsuccessful.  The Company has incurred  operating  losses to date of $1,545 and
will  continue to incur  losses until such time as an  acquisition  candidate is
identified  and, even if successful  in acquiring a business or  consummating  a
business  combination,  there can be no  assurance  that this  business  will be
profitable.


Liquidity and Capital Resources

     The  Company  has no  cash.  The  investigation  of  prospective  financing
candidates involves the expenditure of capital.  The Company will likely have to
look to Mr Geoff Clein or to third parties for additional capital.  There can be
no  assurance  that the Company will be able to secure  additional  financing or
that the amount of any  additional  financing will be sufficient to conclude its
business objectives or to pay ongoing operating expenses.


Item 6 - Exhibits and Reports on Form 8-K

         Exhibit 11 - Computation of earnings per common share - see
                       Statement of Operations

         Reports on Form 8-K - None


<PAGE>








                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, The
Registrant has duly caused this report to be signed by the undersigned thereunto
duly authorized.


The Gizmo Company


BY: /s/ GEOFF CLEIN
   ---------------------------
   Geoff Clein, President


Dated:  March 6, 2003.