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


                       FORM 10-QSB
                    -------------------

(Mark one)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES ACT OF 1934

For the quarterly period ended March 31, 2002

[  ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF EXCHANGE
ACT
       For the transition period from
                                               to
                                    ----------    ----------

Commission file number 0-29925

                 Boundless Vision Incorporated
-----------------------------------------------------------
         (Name of Small Business Issuer in its charter)

                 Nevada                      95-4784883
------------------------------------     ------------------
(State or other jurisdiction of         (I.R.S. Employer
incorporation or organization)           Identification No.)

345 North Maple Drive, Suite 284,
Beverly Hills, California                       90210
----------------------------------------      ----------
(Address of principal executive offices)      (Zip code)


                (310) 288-0693
               ----------------
          (Issuer's telephone number)

State the number of shares outstanding of each of the
issuer's classes of common equity, as of May 1, 2002:
Common stock 3,000,000 shares

Transitional Small Business Disclosure Format

(Check one): Yes [  ] No [ X]






TABLE OF CONTENTS
                            					     PAGE

PART I- FINANCIAL INFORMATION

Item 1. Financial Statements. ......................    1-5

Item 2. Plan of Operation. .........................    5-6

PART II- OTHER INFORMATION

Item 1. Legal Proceedings. .........................     6

Item 2. Changes in Securities. .....................     6

Item 3. Defaults Upon Senior Securities. ...........     7

Item 4. Submission of Matters to a Vote of
        Security Holders. ..........................     7

Item 5. Other Information. .........................     7

Item 6. Exhibits and Report on Form 8-K. ...........     7

SIGNATURES. ........................................     7





























PART  I- FINANCIAL INFORMATION

Item 1. Financial Statements.


Boundless Vision Incorporated
(A Development Stage Company)
BALANCE SHEET
March 31, 2002
(Unaudited)
ASSETS

Current Assets
  Cash                         $         --
                 			 ------------
Total current assets				      --
           				 ------------
Total assets				 $         --
						 ============

LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current Liabilities
  Loan from shareholder        $      3,290
  Accrued expenses             	   1,500
  Accounts payable                      766
	 					 ------------
Total current liabilities             5,556

Shareholders' Equity
Common stock,
  25,000,000 shares authorized
  at $0.001 par value; issued and
   outstanding 3,000,000 shares       3,000
						 ------------
(Deficit) accumulated
    during the development
      stage					  (8,556)
					      ------------
Total shareholders' equity
  (deficit)				       (5,556)
						  ------------
Total  Liabilities and
Shareholders' Equity (Deficit)	 $         --
						 ============





               See note to financial statements.


                                     1
Boundless Vision Incorporated
(A Development Stage Company)
STATEMENT OF OPERATIONS
(Unaudited)



                Three Months Three Months  January 31, 2000
                   Ended       Ended       (inception) to
 	       March 31,   March 31,    March 31,
                    2002       2001          2002
                ------------- ----------- ----------------


Revenue            $     --	 $     --     $     --

Expenses:
General and
  Administrative   $    250         215        8,556
                   --------    --------     --------
(Loss) from
   operations	        (250)       (215)      (8,556)

Income taxes             --          --           --
                   --------    --------     --------
Net (loss)         $   (250)   $   (215)    $ (8,556)
                   ========    ========     ========
Basic (Loss) per
 Common share      $     --    $     --     $     --
                   ========    ========     ========
Diluted (Loss)
Per Common
  share            $     --    $     --     $     --
                   ========    ========     ========
Weighted average
  (basic and diluted)
   common shares
    out-
 standing          3,000,000   3,000,000    3,000,000
                   =========   =========    =========











             See note to financial statements.

                            2
                Boundless Vision Incorporated
                (A Development Stage Company)
   STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)
For the period January 31, 2000 (inception) to
                    March 31, 2002
                     (Unaudited)
             		    	                 (Deficit)
          		                          Accumulated
                              Additional During the
              Common  Stock   Paid-In    Development
              Shares  Amount  Capital    Stage        Total
              ------  ------  ---------- ----------- -------
Common shares
Issued for
  cash-     1,500,000 $1,500  $     --   $    --     $1,500

Common shares
issued for
services-	  1,500,000  1,500        --        --      1,500

Net (loss) for
the period from
inception to
 March 31,
   2002            --     --        --     (8,556)   (8,556)
            --------- ------   -------    -------   -------
Balance-
 March 31,
   2002    3,000,000 $3,000   $    --    $(8,556)   $(5,556)
          ========== ======   =======    =======    =======





















              See note to financial statements.

                                  3
                Boundless Vision Incorporated
                (A Development Stage Company)
                   STATEMENT OF CASH FLOWS
                         (Unaudited)

          Three Months   Three Months  January 31, 2000
             Ended            Ended    (Inception) to
          March 31, 2002 March 31, 2001   March 31, 2002
          -------------- ---------------- ---------------
Net (loss)	    $  (250)        $  (215)         $  (8,556)
Adjustments to
  reconcile net loss to
   cash used by
     operating activities:
Shares issued for
  Services           --            --              1,500
Increase (decrease)
In Liabilities:

Accounts payable     --            --                766

Accrued expenses     --            --              1,500
      		--------     ---------          ---------

Net cash (used) by-
  operating
   activities:     (250)         (215)            (4,790)
Net cash from financing
  Activities:
Loan from share-
  holder            250           215              3,290
Common stock issuance
   for cash          --            --              1,500
               --------      --------          ---------
Increase (decrease)
  in cash            --            --                 --
Cash at beginning of
  period             --            --                 --
               --------     ---------          ---------
Cash at end of
 period        $     --     $      --          $      --
               ========     =========          =========
Supplemental cash flows information:
 Cash paid during the period for:
Income Taxes   $     --     $      --          $      --
               ========     =========          =========
Interest 	     $     --     $      --          $      --
               ========     =========          =========
Non-cash financing transactions:
Common shares issued
  for services	$     --     $      --          $   1,500
               ========     =========          =========
              See note to financial statements.
                                    4
             Boundless Vision Incorporated
              (A Development Stage Company)
              NOTE TO FINANCIAL STATEMENTS
                   March 31, 2002
                     (Unaudited)
BASIS OF PRESENTATION
------------------------
   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 and Item 310(b) of Regulation S-
B.  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 have been included.  During the three month
period ended March 31, 2002 Stockholders' Equity (Deficit)
changed only by the amount of the net loss.  Operating
results for the three month period ended March 31, 2002 are
not necessarily indicative of the results that may be
expected for the year ended December 31, 2002.   For further
information refer to the audited financial statements and
footnotes included in the Company's Form 10-KSB filing for
December 31, 2001.

   The Company's financial statements have been presented on
the basis that is a going concern, which contemplates the
realization of assets and the satisfaction of liabilities in
the normal course of business.  From inception to date the
Company has only incurred net losses and has had no
revenues.  These factors, among others, raise substantial
doubt as to the Company's ability to continue as a going
concern.

Item 2. Plan of Operation

   Boundless Vision Incorporated ("the Company") was
incorporated in the state of Nevada on January 31, 2000.
The Company is a development stage enterprise.  From
inception on January 31, 2000 to date (May 1, 2002) the
Company has had no revenues.

   On February 18, 2000 the Company filed a Registration
Statement on Form 10-SB with the United States Securities
and Exchange Commission.  The Registration Statement went
effective on April 18, 2000.






                                    5
Item 2. Plan of Operation (Continued)


   The business of the Company is to prognosticate trends,
including business and economic trends, business cycles,
demographics and related areas.

   The Company, which has no employees, is a development
stage enterprise.  From inception to date the Company has
had no revenues.

   The Company's   management is seeking funding from a
variety of sources.  However, there can be no assurance
management will be successful in these endeavors.  For the
remainder of calendar 2002 and the first quarter of 2003
absent other funding being obtained, the Company's primary
funding for corporate expenses will be provided by the
Company's Chairman and President.


Forward-Looking Statements
   This Form 10-QSB includes "forward-looking statements"
within the meaning of the "safe-harbor" provisions of the
Private Securities Litigation Reform Act of 1995.  Such
statements are based on management's current expectations
and are subject to a number of factors and uncertainties
that could cause actual results to differ materially from
those described in the forward-looking statements.  All
statements, other than statements of historical facts
included in this Form, including without limitation,
statements under "Plan of Operation", regarding the
Company's financial position, business strategy, and plans
and objectives of management of the Company for future
operations, are forward-looking statements.

PART II- OTHER INFORMATION
-----------------------------

Item 1. Legal Proceedings

   The Company is not a party to any pending legal
   proceeding.  Management is not aware of any
   threatened litigation, claims or assessments.

Item 2. Changes in Securities

        None.






                                     6




Item 3. Defaults Upon Senior Securities

  	   None.

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

	   None.

Item 5. Other Information

	   None.

Item 6. Exhibits  and Report on Form 8-K

        No exhibits.

There were no reports filed on Form 8-K during the three
month period ended March 31, 2002.


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.



                          Boundless Vision Incorporated
                          /s/ Jaak Olesk
Dated: May 1, 2002        --------------------------------
------------------------  Jaak Olesk
                          Chairman of the Board, President















                                        7