U.S. SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB

[X]      Quarterly Report Under Section 13 or 15(d) of the Securities Exchange
         Act of 1934

              For Quarter Ended: September 30, 2001

                                OR

[ ]      Transition Report Pursuant to Section 13 or 15(d) of the Securities
         Exchange Act of 1934

                  Commission File No.  000-30245

                       BENNION CORPORATION
      (Exact name of registrant as specified in its charter)

             Nevada                                    87-0617040
    (State of incorporation)                        (I.R.S. Employer
                                                    Identification No.)

                   #440, 476 East South Temple
                    Salt Lake City, Utah 84111
                          (801) 323-2395
  (Address and telephone number of principal executive offices
                 and principal place of business)



     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  [ X ]   No  [  ]

     As of November 2, 2001, the Registrant had a total of 11,500,000 shares
of common stock issued and outstanding.

<PAGE>



                  PART I: FINANCIAL INFORMATION

ITEM 1:  FINANCIAL STATEMENTS

     The financial information set forth below with respect to our statements
of operations for the three and nine month periods ended September 30, 2001
and 2000 is unaudited.  This financial information, in the opinion of
management, includes all adjustments consisting of normal recurring entries
necessary for the fair presentation of such data.  The results of operations
for the nine months ended September 30, 2001, are not necessarily indicative
of results to be expected for any subsequent period.















                                2
<PAGE>









                       Bennion Corporation

                  (A Development Stage Company)

                Consolidated Financial Statements

                        September 30, 2001







                                3
<PAGE>




                       Bennion Corporation
                  (A Development Stage Company)
                   Consolidated Balance Sheets



                              ASSETS

                                                   September 30, December 31,
                                                       2001         2000
                                                   ------------- -------------
                                                    (Unaudited)

CURRENT ASSETS                                     $          -  $          -
                                                   ------------- -------------

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


               LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts Payable - Related Party                    $    30,000  $     30,000
                                                   ------------- -------------

  Total Liabilities                                      30,000        30,000
                                                   ------------- -------------
STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; 50,000,000
  shares authorized; 11,500,000 shares issued
  and outstanding                                        11,500        11,500
Paid in Capital                                           5,500         5,500
Deficit Accumulated During the Development Stage        (47,000)      (47,000)
                                                   ------------- -------------

  Total Stockholders' Equity                            (30,000)      (30,000)
                                                   ------------- -------------

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










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<PAGE>


                       Bennion Corporation
                  (A Development Stage Company)
               Consolidated Statement of Operations
                           (Unaudited)
<TABLE>
<CAPTION>


                                                                                    From
                           For the        For the       For the       For the       Inception on
                           three months   three months  nine months   nine months   January 30,
                           ended          ended         ended         ended         1986 to
                           September 30,  September 30, September 30, September 30, September 30,
                           2001           2000          2001          2000          2001
                           -------------- ------------- ------------- ------------- -------------
<S>                        <C>            <C>           <C>           <C>           <C>
REVENUES                   $           -  $          -  $          -  $          -  $          -
                           -------------- ------------- ------------- ------------- -------------
EXPENSES
  Depreciation &
   Amortization                        -             -             -             -        17,000
  General &
    Administrative                     -             -             -             -        30,000
                           -------------- ------------- ------------- ------------- -------------

    TOTAL EXPENSES                     -             -             -             -        47,000
                           -------------- ------------- ------------- ------------- -------------

NET INCOME(LOSS)           $           -  $          -  $          -  $          -  $    (47,000)
                           ============== ============= ============= ============= =============

NET LOSS PER SHARE         $           -  $          -  $          -  $          -  $         (0)
                           ============== ============= ============= ============= =============
WEIGHTED AVERAGE SHARES
  OUTSTANDING                 11,500,000    34,000,000    11,500,000    34,000,000    32,486,559
                           ============== ============= ============= ============= =============











                                    5
</TABLE>
<PAGE>
<TABLE>
<CAPTION>


                           Bennion Corporation
                      (A Development Stage Company)
                   Consolidated Statement of Cash Flows
                               (Unaudited)

                                                                         From
                                                                         Inception on
                                              For the nine months ended  January 30,
                                                     September 30,       1986 Through
                                             --------------------------- September 30,
                                                  2001       2000        2001
                                             ------------ -------------- -------------
<S>                                          <C>          <C>            <C>
Cash Flows from Operating Activities

  Net Loss                                   $         -  $           -  $    (47,000)
  Less Non-Cash Items:
  Depreciation & Amortization                          -              -        17,000
  Increase(Decrease) in Accounts Payable               -              -        30,000
                                             ------------ -------------- -------------
  Net Cash Provided(Used)
    by Operating Activities                            -              -             -
                                             ------------ -------------- -------------

Cash Flows from Investing Activities

  Net Cash Provided(Used)
    by Investing Activities                            -              -             -
                                             ------------ -------------- -------------

Cash Flows from Financing Activities

  Net Cash Provided(Used)
   by Financing Activities                             -              -             -
                                             ------------ -------------- -------------

Increase in Cash                                       -              -             -
                                             ------------ -------------- -------------
Cash and Cash Equivalents at
  Beginning of Period                                  -              -             -
                                             ------------ -------------- -------------

Cash and Cash Equivalents at End of Period   $         -  $           -  $          -
                                             ============ ============== =============

Supplemental Non-Cash Financing Transactions:

  Stock issued for marketing rights                    -              -        17,000

Cash Paid For:
  Interest                                   $         -  $           -  $          -
  Income Taxes                               $         -  $           -  $          -









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</TABLE>
<PAGE>




                       Bennion Corporation
                  (A Development Stage Company)
          Notes to the Consolidated Financial Statements
                        September 30, 2001



GENERAL

Bennion Corporation(the Company) has elected to omit substantially all
footnotes to the financial statements for the nine months ended September 30,
2001 since there have been no material changes (other than indicated in other
footnotes) to the information previously reported by the Company in their
Annual Report filed on Form 10-KSB for the fiscal year ended December 31,
2000.

UNAUDITED INFORMATION

The information furnished herein was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments
which are, in the opinion of management, necessary to properly reflect the
results of the interim period presented.  The information presented is not
necessarily indicative of the results from operations expected for the full
fiscal year.









                                7
<PAGE>


      In this report references to "Bennion," "we," "us," and "our" refer to
Bennion Corporation.

                    FORWARD LOOKING STATEMENTS

      This Form 10-QSB contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.  For this
purpose any statements contained in this Form 10-QSB that are not statements
of historical fact may be deemed to be forward-looking statements.  Without
limiting the foregoing, words such as "may," "will," "expect," "believe,"
"anticipate," "estimate" or "continue" or comparable terminology are intended
to identify forward-looking statements.  These statements by their nature
involve substantial risks and uncertainties, and actual results may differ
materially depending on a variety of factors, many of which are not within
Bennion's control.  These factors include but are not limited to economic
conditions generally and in the industries in which Bennion may participate;
competition within Bennion's  chosen industry, including competition from much
larger competitors; technological advances and failure by Bennion to
successfully develop business relationships.


ITEM 2:   PLAN OF OPERATIONS

      Since inception, we have had no revenues and have experienced losses.
We have financed our operations primarily through the sale of our common stock
or by loans from shareholders.  As of September 30, 2001, we had no cash on
hand and total current liabilities of $30,000.  The account payable is related
to legal and accounting fees paid on our behalf by a related party during
1999.  We have no material commitments for capital expenditures for the next
twelve months.  We believe that our current cash needs for at least the next
twelve months can be met by loans from our directors, officers and
shareholders.  However, these persons are not obligated to provide funding.

      In July 2000 management identified a potential business opportunity and
took steps in anticipation of an acquisition.  We effected a 2-for-1 forward
split and placed 7,500,000 shares in escrow, and canceled 30,000,000
outstanding shares.  However, the negotiations were unsuccessful and we
abandoned the acquisition.

      Our management intends to actively pursue business opportunities during
the next twelve months.  All risks inherent in new and inexperienced
enterprises are inherent in our business.  We have not made a formal study of
the economic potential of any business.  At the present, we have not
identified any assets or business opportunities for acquisition.

      Based on current economic and regulatory conditions, management believes
that it is possible, if not probable, for a company like ours, without many
assets or liabilities, to negotiate a merger or acquisition with a viable
private company.  The opportunity arises principally because of the high legal
and accounting fees and the length of time associated with the registration
process of "going public."  However, should any of these conditions change, it
is very possible that there would be little or no economic value for anyone
taking over control of Bennion.

      Potential investors must recognize that because of our limited capital
available for investigation and management's limited experience in business
analysis we may not discover or adequately evaluate adverse facts about the
business opportunity to be acquired.  Also, we intend to concentrate our
acquisition efforts on properties or businesses that we believe to be
undervalued or that we believe may realize a



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<PAGE>


substantial benefit from being publicly owned.  Investors should expect that
any acquisition candidate may have little or no operating history, or a
history of losses or low profitability.

      It is emphasized that our management may effect transactions having a
potentially adverse impact upon our shareholders pursuant to the authority and
discretion of our management to complete acquisitions without submitting any
proposal to the stockholders for their consideration.

      Should a merger or acquisition prove unsuccessful, it is possible that
we may decide not to pursue further acquisition activities and management may
abandon its activities and our shares would become worthless.


                    PART II: OTHER INFORMATION

ITEM 6: EXHIBITS AND REPORTS ON FORM 8-K

(a) Part II Exhibits.

Exhibit
Number     Description
--------   -----------

3.1        Articles of Incorporation, dated August 27, 1998 (Incorporated by
           reference to exhibit 2.1 of Form 10-SB, File No. 000-30245, filed
           on April 7, 2000)

3.2        Articles of Merger filed October 6, 1998 (Incorporated by reference
           to exhibit 2.2 of Form 10-SB, File No. 000-30245, filed on April 7,
           2000)

3.3        Bylaws of Bennion Corporation (Incorporated by reference to exhibit
           2.3 of Form 10-SB, File No. 000-30245, filed on April 7, 2000)



(b)  Reports on Form 8-K.

        None.


                            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.


                             Bennion Corporation


       11/05/01               /s/ M. Jeanne Ball
Date: ___________         By: ______________________________________
                               M. Jeanne Ball, President and Director








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