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

                                   FORM 10-QSB

                  Quarterly Report Under Section 13 or 15(d) of
                      The Securities Exchange Act of 1934


                                 FOURTHCAI, INC.
                         (Name of Small Business Issuer)


     March 31, 2001                                     0-29943
(For the Quarter Ended)                          (Commission File Number)


       Nevada                                           86-0979534
(State of Incorporation)                 (I.R.S. Employer Identification Number)


           10245 East Via Linda, Suite 220, Scottsdale, Arizona 85258
           (Address of Principal Executive Offices Including Zip Code)


                                 (480) 421 2882
                           (Issuers 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 such  shorter
period that the registrant was required to file such reports),  and (2) has been
subject to filing requirements for the past 90 days. [X] YES  [ ] NO

Number of shares  outstanding of each of the issuer's  classes of common equity,
as of May 12, 2001: 5,040,000

Transitional Small Business Disclosure Format:  [ ] Yes  [X] No
<PAGE>
                                 FOURTHCAI, INC.


                                      INDEX

                                                                         Page
                                                                         ----

PART I - FINANCIAL INFORMATION

     Item 1 - Financial Statements

          Balance Sheet at March 31, 2001                                  3

          Statement of Operations for the three months ended
          March 31, 2000 and March 31, 2001                                4

          Statement of Stockholders' Equity for the three months
          ended March 31, 2001 and 2000                                    5

          Statement of Cash Flows for the three months ended
          March 31, 2000 and March 31, 2001                                6

          Notes to Financial Statements                                    7

     Item 2 - Management's Discussion and Analysis                         8

PART II - OTHER INFORMATION

     Item 1. Legal Proceedings                                            10

     Item 2. Changes in Securities and Use of Proceeds                    10

     Item 3. Default Upon Senior Securities                               10

     Item 4. Submission of Matters to a Vote of Security Holders          10

     Item 5. Other Information                                            10

     Item 6. Exhibits and Reports on Form 8-K                             10

SIGNATURES                                                                11


                                       2
<PAGE>
                         PART I - FINANCIAL INFORMATION

ITEM 1. Financial Statements

                                 FourthCAI, Inc.

                                 Balance Sheets
                                 March 31, 2001
                                  (Unaudited)


                                     ASSETS

Current Assets

  Cash and cash equivalents                                             $    --
                                                                        -------
  Current Assets                                                             --
                                                                        -------

        Total Assets                                                    $    --
                                                                        =======

                      LIABILITIES AND STOCKHOLDERS' EQUITY


Current Liabilities

  Management fees payable                                               $   300
                                                                        -------

        Total Liabilities                                                   300

Stockholders' Equity

  Common Stock - $0.0001 par value, authorized 100,000,000
   shares, issued and outstanding 5,040,000                                 504
  Additional paid in capital                                              1,596
  Accumulated Deficit                                                    (2,400)
                                                                        -------

        Total Stockholders' Equity                                         (300)
                                                                        -------

        Total Liabilities and Stockholders' Equity                      $    --
                                                                        =======

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

                                       3
<PAGE>
                                 FourthCAI, Inc.

                             Statement of Operations
               For the three months ended March 31, 2001 and 2000
                                   (unaudited)


                                            For the three months ended March 31,
                                            ------------------------------------
                                                 2001                   2000
                                             -----------            -----------

Revenue                                      $        --            $        --

Expenses
  Administrative costs                               300                    300
                                             -----------            -----------

Net (Loss)                                   $      (300)           $      (300)
                                             ===========            ===========



Loss per common share                        $      0.00            $      0.00
                                             ===========            ===========

Weighted average shares outstanding            5,040,000              5,040,000
                                             ===========            ===========

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

                                       4
<PAGE>
                                 FourthCAI, Inc.

                        Statement of Stockholders' Equity
               for the three months ended March 31, 2001 and 2000
                                   (unaudited)


<TABLE>
<CAPTION>
                                      Common Stock
                                  --------------------    Paid in     Retained
                                  Shares        Amount    Capital     Earnings      Total
                                  ------        ------    -------     --------      -----
<S>                             <C>            <C>       <C>         <C>         <C>
Balance at January 1, 2000       5,040,000      $ 504     $1,596      $  (900)    $ 1,200

Net (Loss)                                                               (300)       (300)
                               -----------      -----     ------      -------     -------

Balance at Match 31, 2000        5,040,000      $ 504     $1,596      $(1,200)    $   900
                               ===========      =====     ======      =======     =======


Balance January 1, 2001          5,040,000      $ 504     $1,596      $(2,100)    $    --

Net (Loss)                                                               (300)       (300)
                               -----------      -----     ------      -------     -------

Balance at March 31, 2001        5,040,000      $ 504     $1,596      $(2,400)    $  (300)
                               ===========      =====     ======      =======     =======
</TABLE>

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

                                       5
<PAGE>
                                 FourthCAI, Inc.

                             Statement of Cash Flows
               for the three months ended March 31, 2001 and 2000
                                   (unaudited)


<TABLE>
<CAPTION>
                                                              For the three months ended March 31,
                                                              ------------------------------------
                                                                   2001                   2000
                                                               -----------            -----------
<S>                                                             <C>                     <C>
Loss from operations                                            $  (300)                $  (300)

Net cash (used) by operations                                      (300)                   (300)
                                                                -------                 -------

Increase in accounts payable                                        300                      --
                                                                -------                 -------
Net cash (used) by operating activities                              --                    (300)
                                                                -------                 -------

Net increase/(decrease) in cash and cash equivalents                 --                    (300)
                                                                -------                 -------

Cash and cash equivalents at beginning of period                     --                   1,200
                                                                -------                 -------

Cash and cash equivalents at end of period                      $    --                 $   900
                                                                =======                 =======
</TABLE>

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

                                       6
<PAGE>
                                 FourthCAI, Inc.

                          Notes to Financial Statement
               for the three months ended March 31, 2001 and 2000
                                   (unaudited)


STATEMENT OF INFORMATION FURNISHED

     The accompanying financial statements have been prepared in accordance with
Form 10-QSB instructions and in the opinion of management contain all
adjustments (consisting of only normal and recurring accruals) necessary to
present fairly the financial position as of March 31, 2001. These results have
been determined on the basis of generally accepted accounting principles and
have been audited by our independent auditor.

NOTE 1 -  THE COMPANY

     FourthCAI, Inc. (the "Company") was incorporated in the state of Nevada on
September 3, 1999. The Company has had no operations since incorporation,
however, has incurred certain costs related to organization and administration.
Legal services were provided to the Company in exchange for stock of the
Company. This transaction was based on the out-of-pocket costs for the provider
and recorded by the Company as $500. These organization costs have been expensed
as incurred. For tax purposes, these organizational expenses are being amortized
over 60 months. Administrative costs allocated to the Company for the period
from inception to March 31, 2001 aggregated $2,400.

NOTE 2 - STOCKHOLDERS' EQUITY

     The Company has 100,000,000 shares of $0.0001 par value stock authorized
and 5,040,000 shares outstanding at March 31, 2001 and 2000.

                                       7
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
        RESULTS OF OPERATIONS

MANAGEMENT'S PLAN OF OPERATION

     During the next twelve months the registrant intends to locate, analyze,
acquire or merge with a targeted company. The registrant will continue to
solicit targeted companies through the utilization of contacts in business and
professional communities. The registrant intends to solicit directly or may
engage consultants or advisors to assist it in reaching its objective. Payment
will be made to these consultants and advisors if a successful acquisition or
merger occurs because of their efforts. The payment may consist of cash or some
stock in the surviving entity or a combination of both.

     The satisfaction of the registrant's cash requirements for the next twelve
months will be met in that Corporate Architects, Inc., the registrant's
principal shareholder, has agreed to advance to the Company the additional funds
needed for operations and those amounts designated for costs associated with a
search for and completion of an acquisition. The principal shareholder has no
expectation of reimbursement of the funds advanced unless the new owners of the
Company decide to pay all or a portion thereof. A limit as to the minimum or
maximum amounts advanced by the principal shareholder has not been set. The
registrant will not borrow funds to pay management, agents, consultants,
advisors or promoters. The Company will not merge with, acquire or purchase
assets of an entity in which the Company's officers, directors or shareholders
or any affiliate or agent hold an equity position or is an officer or director.

     The Company's business plan is to locate certain companies that may wish to
merge with the registrant in some fashion. This targeted company would desire
the perceived advantages of a merger with a public, reporting company. The
perceived advantages may enhance the company's ability to attract investment,
utilize securities for acquisition, provide liquidity and numerous other
benefits. No particular industry has been identified nor is this search confined
to a specific geographical area. It is not anticipated by management that the
Company will be able to participate in any more than one merger because of its
limited assets and resources.

     The registrant may merge or acquire a company in early stage development
needing additional capital to launch new products, increase marketing or improve
quality. The utilization of the public market may be beneficial in raising the
required capital.

     The registrant does not have nor will it acquire capital to supply targeted
companies. It is the position of management that it can present to the candidate
the opportunity to acquire controlling interest in a public company without the
substantial costs, both in time and money, of an initial public offering.
Management has performed only limited research in this area.

     The officer and director of the registrant will undertake the
responsibility of finding and analyzing new business opportunities. He will
perform this task individually and possibly with the help of other consultants
and agents. The agents or consultants will not receive a cash fee from the
registrant said fee will have to be assumed by the target company. The officer

                                       8
<PAGE>
is experienced in the analysis of companies and will be able to determine the
existence of the primary requirements of a good business structure consisting of
financial, management, products, distribution, need for further research and
development, growth potential and other material requirements. The registrant
will have total discretion in determining the type of company best suited for a
business combination.

     The registrant will be subject to all the reporting requirements of the
Securities Exchange Act. Said Act requires, among other things, that a reporting
company file its audited financial statements. The registrant will not merge or
acquire a company that does not have or will not have audited financials within
a reasonable period of time, to meet the requirements of the Exchange Act. If
the merger candidate is unable to produce audited financial statements within
sixty days from the filing of the 8 K announcing the consummation of the merger
or said financial statements fail to comply with the Exchange Act, the closing
documents will provide for the dissolution of the transaction.

     A target company may want to establish a public trading market for its
securities. It may desire to avoid what it perceives to be an adverse
consequence of undertaking its own public offering. It is possible to meet this
objective by entering into a transaction with the registrant. The adverse
consequences may be perceived to be, loss of control, substantial expense and
loss of time attempting to conclude an underwriting or the inability to retain
an underwriter with acceptable terms

     A business candidate may have pre-existing agreements with outside
advisors, attorneys and accountants and the continuation of those agreements may
be required before the candidate will agree to close a transaction with the
registrant. These existing agreements may be a factor in the determination by
the registrant to go forward.

     The conclusion of a business transaction will most likely result in the
present shareholders no longer being in control of the registrant. Management of
the registrant probably will not have the expertise in the business of the new
entity, which will result in the resignation of the present management.

     The acquisition or merger usually results in the issuance of restricted
securities as consideration. If the negotiations resulted in the requirement for
registered securities to be issued, the surviving company would have to bear the
burden of registering the shares. There can be no assurance that these newly
registered shares would be sold into the market depressing the market value.

     A merger with another company will significantly dilute the percentage of
ownership the present shareholders now enjoy. The amount of dilution will depend
on the number of shares issued which in turn could depend on the assets and
liabilities of the merging company. This is not to say that other factors may
not enter into this determination.

                                       9
<PAGE>
                            PART II OTHER INFORMATION

ITEM 3. LEGAL PROCEEDINGS

     The Company is not a party to any litigation and to its knowledge, no
action, suit or proceedings against it has been threatened by any person or
entity.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

     None

ITEM 3. DEFAULT 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 REPORTS ON FORM 8-K

     (a) Exhibits

         None

     (b) Reports on Form 8-K

         There was one report filed on Form 8-K dated April 24, 2000 indicating
     a change of address. Said 8K is incorporated by reference

                                       10
<PAGE>
                                    SIGNATURE

     In accordance with Section 13 or 15(d) of the Exchange Act, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                      FOURTHCAI, INC.


May 12, 2001                          /s/ Edmond L. Lonergan
                                      ------------------------------------------
                                      Edmond L. Lonergan, Director and President


                                       11