SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

                                   FORM 10-QSB

                QUARTERLY REPORT UNDER SECTION 13 OR 15(d) of the
                -------------------------------------------------
                             SECURITIES ACT OF 1934

                  For the Quarterly period ended March 31, 2001
                         Commission File Number 0-30233

                             MICRON SOLUTIONS, INC.
                           ---------------------------
             (Exact Name of Registrant as Specified in Its Charter)

                  Nevada                                 86-0577075
   -------------------------------                  --------------------
         (State or Other Jurisdiction of              (IRS Employer
    Incorporation or Organization)                   Identification No.)

               8361 E. Evans Road, Suite 105, Scottsdale, AZ 85260
              ----------------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)

        Registrant's Telephone Number, Including Area Code (480)607-7243


                    Common Stock, Par Value $0.001 Per Share
                                (Title of Class)

Check  whether  the  issuer:  (1)  filed  all  reports  required  to be filed by
Section13  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   X       No
                                                          -----         -----

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.

                    NUMBER OF COMMON STOCK SHARES OUTSTANDING
                    -----------------------------------------
                                    1,983,600
                                    ---------
                                 On May 15, 2001
                               -------------------
Transitional Small Business Disclosure Format (Check One):
                                                         Yes        No    X
                                                           -----        -----
                                       1
<PAGE>


ITEM 1.  Financial Statements





                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                              FINANCIAL STATEMENTS
                          AS OF MARCH 31, 2001 AND 2000




<PAGE>

                             MICRON SOLUTIONS, INC.



                                TABLE OF CONTENTS



                                                                 Page
                                                                 No.


ACCOUNTANT'S AUDIT REPORT                                        1

FINANCIAL STATEMENTS

         Balance Sheets                                          2

         Statements of Operations                                3

         Statements of Changes in Stockholder's Equity           4-5

         Statements of Cash Flows                                6

NOTES TO FINANCIAL STATEMENTS                                    7-8


<PAGE>

DALE Mcghie                                                 Town & Country Plaza
CERTIFIED PUBLIC ACCOUNTANT                   1539 Vassar St. Reno, Nevada 89502
                                                               Tel: 702-332-7744
                                                               Fax: 702-332-7747



To the Board of  Directors
Micron Solutions Inc.
Reno, NV

                            ACCOUNTANT'S AUDIT REPORT



I have reviewed the  accompanying  balance sheets of Micron  Solutions,  Inc. (a
development  stage  company) for the three months ended March 31, 2001,  and the
related statements of operations, changes in stockholders' equity and cash flows
for the three months ended March 31, 2001 and 2000 in accordance  with standards
established  by the  American  Institute of Certified  Public  Accountants.  All
information  included in these  financial  statements is  Representation  of the
management of Micron Solutions Inc.

A review  consists  principally of inquires of Company  personnel and analytical
procedures  applied to financial data. It is substantially less in scope than an
audit in accordance with generally accepted auditing standards.  Those standards
require that I plan and perform the audit to obtain  reasonable  assurance,  the
objective  of which is the  expression  of an opinion  regarding  the  financial
statements taken as a whole. Accordingly I do not express such an opinion.

Based on my review,  I am unaware of any material  modifications  that should be
made to the accompany  financial  statements to be in conformity  with generally
accepted auditing standards.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern,  as  discussed  in  Note 2 of the
financial  statements.  The Company is currently  dormant and has no  productive
assets.  The  financial  statements  do not include any  adjustments  that might
result in a negative outcome as a result of this uncertainty.

The financial  statements  for the years ended December 31, 2000 were audited by
me and I expressed an  unqualified  opinion on them in my report dated March 23,
2001, but I have not performed any auditing procedures since that date.


By: /s/ Dale McGhie
-------------------
        Dale McGhie

Reno Nevada

April 24, 2001

                                      F-1
<PAGE>
                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                      AND THE YEAR ENDED DECEMBER 31, 2000
                            (see accountants report)
<TABLE>
<CAPTION>
                                     ASSETS
                                                                     31-Mar                   31-Dec
                                                                      2001                     2000
                                                                   Unaudited                 Audited
                                                                 ---------------        -------------------
 CURRENT ASSETS
<S>                                                                       <C>                        <C>
              Cash                                                        $ 164                      $ 270
              Loan Receivable- Officers (note 3)                          4,500                      4,500
                                                                 ---------------        -------------------

     TOTAL CURRENT ASSETS                                                 4,664                      4,770
                                                                 ---------------        -------------------

 PROPERTY AND EQUIPMENT
              Equipment                                                  13,512                     13,512

              less accumnulated deprec.                                   1,690                      1,352
                                                                 ---------------        -------------------

                                                                         11,822                     12,160
                                                                 ---------------        -------------------

              TOTAL ASSETS                                             $ 16,486                   $ 16,930
                                                                 ===============        ===================

                      LIABILITIES AND STOCKHOLDER'S EQUITY

 CURRENT LIABILITIES
              Accounts Payable                                          $ 1,217                    $ 1,217
                                                                 ---------------        -------------------

 STOCKHOLDER'S EQUITY
              Common Stock; $0.001 par
               value, 100,000,000 shares
              authorized; issued and outstanding
              1,982,600 shares  at March 31, 2001
              and December 31, 2000                                       1,983                      1,983

              Paid in Capital                                            46,146                     46,146

              Deficit accumulated during
              the development  stage                                    (32,860)                   (32,416)
                                                                 ---------------        -------------------

              Total equity                                               15,269                     15,713
                                                                 ---------------        -------------------

                                                                       $ 16,486                   $ 16,930
                                                                 ===============        ===================
</TABLE>


     The accompany notes are an integral part of these financial statements

                                       F-2
<PAGE>

                             MICRON SOLUTIONS, INC.
                         ( A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF OPERATIONS
               FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000
                            (see accountants report)
<TABLE>
<CAPTION>
                                                                               Accumulated
                                                                               Deficit from
                                            3 months         3 months          Ineption of
                                             ended                             Development
                                            3/31/01           3/31/00            Stage to
                                          (Unaudited)       (Unaudited)          03/31/01
                                         ---------------   --------------  -------------------
<S>                                                 <C>              <C>                  <C>
REVENUE                                             $ -              $ -                  $ -
                                         ---------------   --------------  -------------------
OPERATING COSTS AND
 EXPENSES

             Legal & Professional                     -            1,895               17,955
             Organizational Costs                                                      12,026
             Bank Fees                               31               21                  275
             Credit Card Fees                        75               68                  413
             Depreciation                           338              299                1,690
             Office Supplies                          -                -                   68
             Postage                                  -                -                  300
             Printing                                 -                -                  133
             Repair and Miantenance                   -                -                    -
             Rent                                     -                -                    -
                                         ---------------   --------------  -------------------

             Expenses                              (444)          (2,283)             (32,860)
                                         ---------------   --------------  -------------------

             Net Income (loss)                   $ (444)        $ (2,283)             (32,860)
                                         ===============   ==============  ===================

             (Loss) per share                  $ (0.004)     $ (0.011)
                                         ===============   ==============
</TABLE>


     The accompany notes are an integral part of these financial statements

                                       F-3
<PAGE>

                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
                    FOR THE THREE MONTHS ENDED MARCH 31, 2001
                            (see accountants report)
<TABLE>
<CAPTION>
                                                                                                          Deficit
                                                                                                        Accumulation
                                                   Common            Stocks            Paid In      during Development
                                                   Issued            Amount            Capital            Stage
                                               ---------------   ---------------   --------------  -------------------
<S>                                                 <C>                  <C>           <C>                        <C>
 Balance December 31,
        1995                                        4,908,002            24,540        1,921,691                    -

 Write off Liabilities  note 1                              -                 -                -                    -

 Reverse stock split of
 five shares surrendered
 for one share issued                              (3,925,402)          (23,559)          23,559                    -

Quasi - reorganization  (note 1)                            -                 -       (1,946,231)                   -

 Net (Loss) for the year
 ending December 31,
        1996                                                -                 -                -                    -
                                               ---------------   ---------------   --------------  -------------------

 Balance December 31
        1996                                          982,600               981             (981)                   -

 Issue of shares in Micron                              1,000                 1            9,175                    -
 Solutions for Cash

 Issue opf Shares in Micron
 for services, no value                             1,000,000             1,000           (1,000)                   -

 Net (Loss) for the  year
   ending December 31,
        1997                                                -                 -                -                    -
                                               ---------------   ---------------   --------------  ------------------

 Balance December 31,
        1997                                        1,983,600             1,983            7,194                    -

 Contributed Capital                                        -                 -            4,649                    -

 Net (loss) for the year
 ending December 31
        1998                                                -                 -                -                  (68)
                                               ---------------   ---------------   --------------  -------------------

 Balance December 31,
        1998                                        1,983,600             1,983           12,043                  (68)
                                               ---------------   ---------------   --------------  -------------------
</TABLE>

    The accompanying notes are an integral part of these financial statements

                                       F-4
<PAGE>

                             MICRON SOLUTIONS, INC.
                         (A DEVELOPMENTS STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
                    FOR THE THREE MONTH ENDED MARCH 31, 2001
                            (see accountants report)

                                   CONTINUED
<TABLE>
<CAPTION>
                                                                                                         Deficit
                                                                                                       Accumulation
                                                   Common            Stocks           Paid On       during Development
                                                   Issued            Amount           Capital             Stage
                                               ---------------   ---------------   --------------  -------------------
<S>                                                 <C>                 <C>             <C>                 <C>
Contributed Capital                                         -                 -            17353                    -

Net (loss) for the
Year Ended December 31
        1999                                                -                 -                -              (23,171)
                                               ---------------   ---------------   --------------  -------------------

Balance December 31
        1999                                        1,983,600           $ 1,983         $ 29,396            $ (23,239)
                                               ---------------   ---------------   --------------  -------------------

Contributed Capital                                         -                 -         $ 16,750                     -

Net (loss) for the
Year Ended December 31
        2000                                                -                 -                -             $ (9,177)
                                               ---------------   ---------------   --------------  -------------------

Balance December 31, 2000                           1,983,600           $ 1,983         $ 46,146            $ (32,416)
                                               ---------------   ---------------   --------------  -------------------

Net (loss() for the
Three months ended
   31-Mar-01                                                -                 =                =               $ (444)
                                               ---------------   ---------------   --------------  -------------------

Balance March 31, 2001                              1,983,600           $ 1,983         $ 46,146            $ (32,860)
                                               ===============   ===============   ==============  ===================
</TABLE>


  The accompanying Notes are an integral paret of these financial statements

                                       F-5
<PAGE>

                             MICRON SOLUTIONS, INC.
                         ( A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF CASH FLOWS
               FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000
                            (see accountants report)
<TABLE>
<CAPTION>
                                                                                                      Inception at
                                                                                                      development
                                                                     31-Mar           31-Mar             stage to
                                                                      2001             2000            31-Dec-00
                                                                 ---------------   --------------  -------------------
CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                                      <C>            <C>                  <C>
             Net Loss                                                    $ (444)        $ (2,283)            $ (32,860)
             Adjustments to reconcile net loss
             to net cash used by operating
             activities:
             Depreciation                                                   338            $ 299               $ 1,690
             Net (Increase) Decrease in
             Accounts and Loans Receivable
             Organizational Costs - Note 1                                    -                -                     -

             Increase (Decrease)
             in Accounts Payable                                              -            1,109                 1,217
                                                                 ---------------   --------------  -------------------

             Net Cash provided (used) by
             operating Activities                                          (106)            (875)             (29,953)
                                                                 ---------------   --------------  -------------------

CASH FLOWS FROM INVESTING ACTIVITIES:

             Loan Receivable - Officers                                       -                -               (4,500)
             Purchases of Equipment                                           -           (4,768)             (13,512)
                                                                 ---------------   --------------  -------------------

             Net Cash provided (used)
             by Investing Activitiesa                                         -           (4,768)             (18,012)

CASH FLOWS FROM FINANCING ACTIVITIES:

             Sale of Capital Stock and
             amounts contributed to capital                                   -            4,895               48,129
                                                                 ---------------   --------------  -------------------

             Net cash provided by
               Financing Activities                                           -            4,895               48,129
                                                                 ---------------   --------------  -------------------

             Increase in Cash                                              (106)            (768)                 164

             Cash and Cash Equivalents,
               beginning of year                                            270            7,160                    -
                                                                 ---------------   --------------  -------------------

             Cash and Cash Equivalents,
               end of year                                                $ 164          $ 6,392                $ 164
                                                                 ===============   ==============  ===================
</TABLE>

   The accompanying notes are an integral part of these financial statements

                                       F-6
<PAGE>

                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
               FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

ORGANIZATION AND HISTORY:
Micron  Solutions  Inc.,  (Micron)  was formed on  September 5, 1997 as a Nevada
corporation in order to complete a merger with  Shillelagh  Ventures,  Chartered
(Shillelagh),  both  corporations  have been  inactive  except for  spending  on
reorganization  costs  during  1997 and  1998.  Micron  Solutions  Inc.,  is the
surviving company. Shillelagh Ventures,  Chartered was an active holding company
until 1991 at which time they ceased  operations  on August 31, 1991  Shillelagh
showed liabilities  totaling $340,031.  Management believes these liabilities no
longer  are  valid  and  the  statute  of  limitations  have  caused  them to be
uncollectable and they were written off.

On the ninth of September,  1997, the shareholders of Shillelagh  exchanged five
shares of its $.005 par value  common  stock for each one share of Micron  $.001
par value common stock. The shareholders  then voted to reorganize and through a
Quasi-reorganization  eliminated  its deficit  retained  earnings of $1,976,231.
There were no adjustments to Assets or Liabilities.

NATURE OF BUSINESS:
The Company provides specialized services directed to the investment  community,
(such as researching stock as to value and name changes) and also to the general
public through the internet..

USE OF ESTIMATES:
The  preparation  of financial  statements in conformity  with general  accepted
accounting  principals require management to make estimates and assumptions that
affect certain  reported amounts and  disclosures.  Accordingly,  actual results
could differ from these estimates.

ORGANIZATION COSTS:
The Company has adopted  Statement  of Position  (SOP) 98-5,  "Reporting  on the
Costs of Start-UP  Activities" issued in April 1998 by the Accounting  Standards
Executive  Committee of the American Institute of Certified Public  Accountants.
Pursuant to SOP 98-5,  Organizational  costs were expensed in 1999.  For Federal
Income tax reporting,  organization  costs are  capitalized and amortized over a
5-year period after commencement of operations.

EARNINGS PER SHARE:
The earnings per share  calculation are based on the weighted  average number of
shares outstanding during the period, 1,982,600 in 2001, and 2000

INCOME TAX:
Due to no earnings as of March 31, 2001, no provision  for Federal  income taxes
has been made.

DIVIDEND POLICY:
The Company has not paid any dividends and any dividends that may be paid in the
future  will  depend upon the  financial  requirements  of the Company and other
relevant factors.


                                       F-7

<PAGE>

                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
               FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000


NOTE 1 - CONTINUED

PROPERTY AND EQUIPMENT
Property  and  equipment  consists of a Computer  and  Web-site,  which shall be
depreciated  over a  period  of  five  years  using  the  straight-line  method.
beginning in January of 2000.

NOTE 2 - GOING CONCERN
As discussed in Note 1, the company has been in a dormant stage since 1991.  The
company has no  productive  asset and may have prior  unknown  liabilities.  The
company plans include infusing capital.  The financial statements do not include
any adjustments that might result from the outcome of these uncertainties. These
factors  raise  concern  about the  company's  ability  to  continue  as a going
concern.

NOTE 3 - LOANS RECEIVABLE - OFFICERS
There is a loan receivable from officers for $4500 payable by June 30, 2001 with
interest at 4% per annum.

NOTE 4 - NET OPERATING LOSS CARRY FORWARD

Because of the change in ownership and the value of Shillelagh the net operating
loss  carry  forward  prior to 1997 will be  negligible.  Net  operating  losses
occurring  after 1996 can be carried  forward to be used against future earnings
for a 15-year period. as follows:


Year of                    Amount of Unused Operating         Expiration During
 Loss                         Loss Carryforwards:                Year Ended
 ----                         -------------------                ----------
1998                               $     68                         2013
1999                               $ 23,171                         2014
2000                               $  9,177                         2015


                                       F-8

<PAGE>


ITEM 2:  Management's Discussion and Analysis or Plan of Operation

                  Statements  contained herein that are not historical facts are
forward-  looking  statements as that term is defined by the Private  Securities
Litigation  Reform  Act  of  1995.   Although  the  Company  believes  that  the
expectations  reflected in such forward- looking statements are reasonable,  the
forward-looking  statements  are subject to risks and  uncertainties  that could
cause  actual  results to differ  from those  projected.  The  Company  cautions
investors  that  any  forward-looking  statements  made by the  Company  are not
guarantees of future  performance and that actual results may differ  materially
from  those in the  forward-looking  statements.  Such  risks and  uncertainties
include, without limitation: well established competitors who have substantially
greater  financial  resources  and longer  operating  histories;  the  Company's
ability to compete as a start-up company in a highly  competitive  market;  and,
access to sources of capital.

Plan of Operation

         In order  to begin to  generate  revenues,  the  Company  plans to sell
subscriptions to its Website to financial institutions, banks and brokers during
the   second   and  third   quarters   of  2001.   The   website,   located   at
www.loststockholders.com provides a portal for clients to the company's services
of obtaining  unclaimed shares of stock for individuals  entitled to such shares
but have not  claimed  such  shares as the result of a recent  move,  divorce or
death in the family.  Management  also plans to add a new section to its website
in order to services claims for unconverted, merged securities.

         Management  already has obtained  facilities and basic office equipment
in connection with its operations.  The Company's operating office is located at
8361 East Evans Road, Suite 105, Scottsdale, Arizona 85260. The Company's office
equipment is minimal,  but is  sufficient  for the Company's  initial  operating
needs.

         The  Company  also plans to  continue  its effort to contact  potential
clients  and  otherwise  advertise  and  promote the  Company's  services.  Such
advertising  and promotion shall include  maintenance of the Company's  website,
direct mailings to potential corporate clients,  and telephone contact with such
potential  clients.  In this  fashion,  management  intends  to  build a base of
clients.

         Management  does not  anticipate  revenues which will fully support the
Company's  expense  needs  for a  period  of six (6)  months  from  its  initial
operations. During that time, the Company's officers and directors intend to use
personal  funds to cover the  Company's  expenses.  In this  regard,  management
anticipates  that the  Company's  operating  expenses for the first full year of

                                       2

<PAGE>


operations will be approximately  $38,000.  Officers and directors  contributing
cash to the Company will be compensated  either through the issuance of stock or
through the execution of Promissory Notes.

                                       3
<PAGE>


                                     PART II
                                Other Information

ITEM 1:  Legal Proceedings

         The  Company is not party to,  and none of the  Company's  property  is
subject to, any pending or threatened  legal,  governmental,  administrative  or
judicial proceedings.


ITEM 2:  Changes in Securities and Use of Proceeds

         None.


ITEM 3:  Defaults Upon Senior Securities

         None

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

         No matters have been submitted to a vote of the security holders during
the  period  covered  by this  report  through  the  solicitation  of proxies or
otherwise.


ITEM 5:  Other Information

         None.

ITEM 6:  Exhibits and Reports on Form 8-K

A.       Exhibits

         (2)  Plan of acquisition, reorganization, liquidation or succession:
              NONE.

         (3)  (i)  Articles of Incorporation *
              (ii) By-laws *

* Incorporated by reference from the Registrant's Form 10-SB.

B.       Reports on Form 8-K.

         The  Registrant  did not file  reports on Form 8-K  during the  quarter
covered by this report.

                                       4

<PAGE>



                                   Signatures
                                   ----------

         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.


Dated: May 15, 2001.

                           MICRON SOLUTIONS, INC.

                                 /s/ Mark Riddle
                           --------------------------------
                                     Mark Riddle, President

                                       5
<PAGE>