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 AND EXCHANGE ACT OF 1934

For the Quarter Ended September 30, 2001,
                              Commission File Number 0-32901

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

           Nevada                                   Will Be Applied For
 ---------------------                         ------------------------
(State of Incorporation)               (I.R.S. Employer Indentification
                                                 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

                                  N/A
               ---------------------------------------------------
       (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 and
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 	     x 	                No
				------------ 	------------
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

 PART I - FINANCIAL INFORMATION

 Item 1. Financial Statements










<PAGE>





THE GIZMO COMPANY
(A Development Stage Company)
INTERIM BALANCE SHEET
(UNAUDITED)
AS AT DECEMBER 31, 2001

<TABLE>
<S>                                                        <C>
ASSETS
CURRENT ASSETS
Cash                                                        $    -
                                                             -------

Total Current Assets                                             -
                                                             -------
OTHER - AT COST
Incorporation costs                                              545
                                                             -------

Total Other Assets                                               545
                                                             -------

TOTAL ASSETS                                                $    545
                                                             =======


</TABLE>
















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



<PAGE>


THE GIZMO COMPANY
(A Development Stage Company)
INTERIM BALANCE SHEET
(UNAUDITED)
AS AT DECEMBER 31, 2001

<TABLE>
LIABILITIES AND STOCKHOLDERS' EQUITY
<S>                                                       <C>
LONG-TERM
Due to shareholder                                        $    -
                                                           -------

Total Long-Term Liabilities                                    -
                                                           -------

STOCKHOLDER EQUITY

SHARE CAPITAL
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          1,000

Deficit accumulated during the development stage              (455)
                                                            ------

Total Stockholders' Equity                                     545
                                                            ------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                 $   545
                                                            ======




</TABLE>













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


<PAGE>

THE GIZMO COMPANY
(A Development Stage Company)
INTERIM STATEMENT OF OPERATIONS
(UNAUDITED)
FROM INCEPTION(JUNE 4, 2001) TO DECEMBER 31, 2001

<TABLE>
<S>                                                         <C>
REVENUE                                                     $   -
                                                             ------
EXPENSES
Professional fees                                               -
Amortization                                                    -
Administrative expenses                                         455
                                                             ------

                                                                455
                                                             ------

NET INCOME(LOSS)                                            $  (455)
                                                             ======

Weighted Average Number of Shares
  Outstanding                                             1,000,000
                                                          =========

Loss per share                                             $(0.0005)
                                                            =======


</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
(UNAUDITED)
FROM INCEPTION(JUNE 4, 2001) TO DECEMBER 31, 2001

<TABLE>

<S>                                                        <C>
Cash Flows From Operating Activities
Net income(loss) for the period                            $  (455)
 Adjustments to reconcile net loss to net cash
 used in operating activities
 Stock issued for services                                     455
 Stock issued for incorporation costs                          545
Changes in assets and liabilities
 Increase in other assets                                     (545)
                                                            ------

                                                               455
                                                            ------

Net Cash Used in Operating Activities                           -
                                                            ------

Cash Flow From Financing Activities
Advances from a shareholder                                     -
Issuance of common stock                                        -
Discount on common stock                                        -
                                                            ------

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

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 STOCKHOLDERS' EQUITY
(UNAUDITED)
FROM INCEPTION(JUNE 4, 2001) TO DECEMBER 31, 2001

<TABLE>
<CAPTION>


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

Stock issued for
 services        455,000         455       -            -         455

Stock issued for
 Incorporation
    costs        545,000         545       -            -         545

Net income(loss)
 for the period     -            -         -           (455)     (455)
                --------      -------   ------       ------    ------

Balances - Dec
 31, 2001      1,000,000     $ 1,000   $   -        $  (455)  $   545
               =========      ======    ======       ======    ======


</TABLE>














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


<PAGE>


THE GIZMO COMPANY
(A Development Stage Company)
Notes To Unaudited Interim Financial Statements
December 31, 2001

Note 1 - Organization and Summary of Significant Accounting Policies:

 Nature of Business

The Gizmo Company. (the "Company") was incorporated on June 4, 2001
under the laws of the State of Nevada. The Company's primary business
operations are to and engage in the manufacture and distribution of
home related security products and other security products. The Company
is also searching for a viable entity upon which to merge and/or
acquire. The Company intends on going public in order to raise the
funds required in order to fulfill its business objectives.

The Company's fiscal year end is May 31,

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 generally accepted accounting
principles.

Estimates

The preparation of financial statements in conformity with generally
accepted accounting principles 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 Unaudited Interim Financial Statements
September 30, 2001


Note 1 - Organization and Summary of Significant Accounting
Policies(cont'd)


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.

Fair Value of Financial Instruments

The carrying amount of advances for shareholders is considered to be
representative of its respective fair value because of the short-term
nature of these financial instruments.

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 2 - Capital Stock Transactions

The authorized capital common stock is 50,000,000 shares of common
stock at $.001 par value. The Company has issued 1,000,000 of common
stock of which 455,000 was issued for services rendered as
administrative expenses and 545,000 was issued to reimburse for
incorporation costs.







<PAGE>


THE GIZMO COMPANY
(A Development Stage Company)
Notes To Unaudited Interim Financial Statements
December 31, 2001

Note 3 - Going Concern

The accompanying financial statements have been prepared in conformity
With generally accepted accounting principles, which contemplates
continuation of the Company as a going concern. The Company operations
are in the development stage and the Company has generated no income.

The future success of the Company is likely dependent on its ability to
Attain additional capital to develop its proposed products 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.

NOTE 4 - RULE 419 REQUIREMENTS

     Rule 419 requires  that  offering  proceeds be deposited  into an
escrow or trust account (the "Deposited Funds" and "Deposited
Securities",  respectively)governed by an agreement which contains
certain terms and provisions  specified by that rule.  The Company may
receive  10% of the  escrowed  funds for working capital.  The
remaining  Deposited  Funds and the Deposited  Securities  will be
released  to the  Company  and to the  investors,  respectively, only
after the Company has met the following three basic  conditions. First,
the Company must execute an agreement for an acquisition  meeting
certain  prescribed  criteria. Second,  the Company must file a  post-
effective  amendment to its  registration statement which includes the
terms of a  reconfirmation  offer that must contain conditions
prescribed  by Rule  419.  The  post-effective  amendment  must also
contain  information  regarding  the  acquisition  candidate  and its
business, including  audited  financial  statements.  The  agreement
must  include,  as a condition  precedent  to its  consummation,  a
requirement  that the  number of investors who  contributed  at least
80% of the offering  proceeds must elect to reconfirm their
investments.  Third, the Company must conduct the reconfirmation offer
and satisfy all of the prescribed conditions. The post-effective
amendment must also include the terms of the  reconfirmation  offer
mandated by Rule 419. After the Company submits a signed representation
to the escrow agent that the requirements of Rule 419 have been met and
after the acquisition is consummated, the escrow  agent can  release
the  Deposited  Funds and  Deposited  Securities. Investors who do not
reconfirm  their  investments  will receive the return of a
pro rata portion thereof; and in the event investors  representing less
than 80% of the Deposited Funds reconfirm their investments,  the
Deposited Funds will be returned to all the investors on a pro rata
basis.

<PAGE>



Item 2: Management's Discussion and Analysis or Plan Of Operation

Not applicable.


PART II - OTHER INFORMATION


Item 1: Legal Proceedings

There are no legal proceedings applicable.


Item 2: Changes in Securities and Use of Proceeds

Not Applicable

Item 3: Defaults upon Senior Securities

Not Applicable.

Item 4: Submission of Matters to a Vote of Security Holders

Not Applicable

Item 5: OTHER INFORMATION

Effective December 2001, Mr. Jeffrey Friedman has resigned as a
President and Director of the Company.  Mr. Geoffrey Clein was elected
as President and became a director of the Company in December 2001.

 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/ MARVIN WINICK
         ----------------------------------
         Marvin Winick, Secretary/Treasurer

         Dated: March 12, 2002