<PAGE>

                          UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, DC 20549

                         FORM 10-QSB

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

	For the quarterly period ended March 31, 2001

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

	For the transition period from ------- to --------


		Commission File Number        0-27507
                                          -------

                CORPORATE DEVELOPMENT CENTERS, INC.
            --------------------------------------------
  (Exact name of small Business Issuer as specified in its charter)

        Nevada                            88-0350448
-------------------------                 ------------------
(State or other jurisdiction of           IRS Employer Identification No.)
incorporation or organization)


1332 E. Martha Dunyon Circle
Draper, Utah					84020
-----------------------------------       ---------------
(Address of principal executive offices)  (Zip Code)

Issuer's telephone number, including area code:     801-576-0814


                               None
 ------------------------------------------------------------------------
(Former name, former address and former fiscal year, if changed since last
report)

Check whether the issuer (1) 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 issuer
was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days    [X] Yes    [ ] No

State the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date:
1,234,250 Shares of $.001 par value Common Stock outstanding as of
May 14, 2001.



<PAGE>

                PART 1 - FINANCIAL INFORMATION

Item 1.    Financial Statements


The accompanying unaudited financial statements have been prepared in
accordance with the instructions to Form 10-QSB and Item 310 (b) of
Regulation S-B, and, therefore, do not include all information and
footnotes necessary for a complete presentation of financial
position, results of operations, cash flows, and stockholders' equity
in conformity with generally accepted accounting principles.  In the
opinion of management, all adjustments considered necessary for a
fair presentation of the results of operations and financial position
have been included and all such adjustments are of a normal recurring
nature.  Operating results for the three months ended March 31,
2001 are not necessarily indicative of the results that can be
expected for the year ending December 31, 2001.

                               2

<PAGE>


                        Ted A. Madsen
                 CERTIFIED PUBLIC ACCOUNTANT
                    684 EAST VINE STREET #3
                      MURRAY, UTAH 84107
                  TELEPHONE (801) 268-2632
                     FAX (801) 262-3978

TED A. MADSEN, CPA        MEMBER:  AMERICAN INSTIUTE OF
                                   CERTIFIED PUBLIC ACCOUNTANTS

                                   UTAH ASSOCIATION OF
                                   CERTIFIED PUBLIC ACCOUNTANTS

                                   CERTIFIED PUBLIC ACCOUNTANT


Board of Directors
Corporate Development Centers, Inc.
Salt Lake City, Utah

I have reviewed the accompanying balance sheets of Corporate
Development Centers, Inc. (a development stage company) as of
March 31, 2001 and March 31, 2000 and the related
statements of operations and cash flows and changes in
stockholders' equity (deficit)for the three months then ended
and for the period from the date of inception on August 29, 1995
to March 31, 2001 in accordance with statements on standards
for Accounting and Review Services issued by the American
Institute of Certified Public Accountants.  All information
included in these financial statements is the representation of
the management of Corporate Development Centers, Inc.

A review consists principally in inquiries 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, 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 reviews, I am not aware of any material modifications
that should be made to the accompanying financial statements in
order for them to be in conformity with generally accepted
accounting principles.


/s/ Ted A. Madsen
May 3, 2001

                               3

<PAGE>

                      FINANCIAL STATEMENTS


              CORPORATE DEVELOPMENT CENTERS, INC.
                 (A DEVELOPMENT STAGE COMPANY)
                        BALANCE SHEET
                MARCH 31, 2001 and 2000


ASSETS
                                               2001             1999
                                          --------------  ---------------
Cash in bank                              $        4,921  $         6,955

                                          ______________  _______________

TOTAL ASSETS                              $        4,921  $         6,955
                                          ==============  ===============


LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

   Liabilities

      Loan from shareholder               $       20,000  $        15,000
                                          --------------  ---------------

         Total Liabilities                        20,000           15,000

   Stockholders' Equity

      Common stock, authorized 25,000,000 shares
      At $.001 par value, issued and outstanding
      1,234,250 shares                             1,234            1,234

      Additional paid-in capital                  52,059           50,859

   (Deficit) accumulated during the
     development stage                           (68,372)         (60,138)
                                          --------------  ---------------

Total Stockholders' Equity (Deficit)             (15,079)          (8,045)

TOTAL LIABILITES & STOCKHOLDER'S
  EQUITY (DEFICIT)                        $        4,921  $         6,955
                                          ==============  ===============

                   See accountant's compilation report

                                4

<PAGE>


                   CORPORATE DEVELOPMENT CENTERS, INC.
                      (A DEVELOPMENT STAGE COMPANY)
             STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED
                       MARCH 31, 2001 AND 2000
                (With Cumulative Figures From Inception)

                          Three Months  Three Months
                          Ended         Ended          From Inception
                          March 31,     March 31,      August 29, 1995 to
                          2001          2000           March 31, 2001
                          ------------  ------------   ------------------

Rental Income             $          -  $          -   $           17,061

Expenses

Advertising                          -             -                1,657
Amortization                         -                              3,170
Cleaning                             -             -                1,803
Consulting                           -             -                3,605
Depreciation                         -             -                2,477
Fees                                 -           350                1,433
Insurance                            -             -                  414
Office Expenses                      3             -                3,127
Rent                               300           300               29,809
Professional Fees                5,544         9,502               24,286
Telephone                            -             -                5,731
Utilities                            -             -                1,200
                          ------------  ------------   ------------------

   Total Expenses                5,847        10,152               78,712

Other Income (Expense)

   Loss on sale of
     office furniture                -             -               (5,091)
                          ------------  ------------   ------------------
      Total Other Income
        (Expense)                    -             -               (5,091)
                          ------------  ------------   ------------------
Net (loss) before cumulative
  Effect of change in
  accounting Principle         (5,847)      (10,152)             (66,742)

Cumulative effect on prior
  years (to December 31,
  1998) of expensing
  unamortized organization
  costs- Note B                      -             -               (1,630)
                          ------------  ------------   ------------------
Net (loss)                $    (5,847) $     (10,152)  $          (68,372)
                          ============  ============   ==================
Net (loss) per common share:

  (Loss) before cumulative
  effect of change in
  accounting principle    $      (0.01) $      (0.01)
  Cumulative effect on
  Prior years (to December)
  31, 1998) of expensing
  unamortized organization
  costs                           0.00          0.00
                          ------------  ------------


Net (loss)                $      (0.01) $      (0.01)
                          ============  ============
Weighted average shares
  Outstanding                1,234,250     1,234,250
                          ============  ============

                      See accountant's compilation report

                                5
<PAGE>

                  CORPORATE DEVELOPMENT CENTERS, INC.
                     (A DEVELOPMENT STAGE COMPANY)
          STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
   FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND MARCH 31, 2000
                (With Cumulative Figures From Inception)


                                          Additional    Accum-
                        Common    Stock      Paid-in    ulated
                        Shares   Amount      Capital  (Deficit)       Total
                                                       -------

Balance
August 29, 1995              -  $       -  $       -  $       -  $        -

Issuance of
common stock
for cash @ .01
per share
on August 9, 1995      800,000        800      7,200                  8,000

Issuance of
common stock
for consulting
services rendered
valued at $2,000
@ .01 per share on
August 9, 1995         200,000        200      1,800                  2,000

Net (loss)
for period                   -          -          -     (1,920)     (1,920)
                     ---------  ---------  ---------   --------  ----------

Balance
December 31, 1995    1,000,000      1,000      9,000     (1,920)      8,080

Issuance of
common stock
for cash @.08
per share on
March 26, 1996         534,250        534     42,206                 42,740

(Less) offering
costs                                        (12,147)               (12,147)

Net (loss)
for period                   -          -          -    (21,567)    (21,567)
                     ---------  ---------    -------    --------    --------
Balance,
December 31, 1996    1,534,250      1,534     39,059    (23,487)     17,106

Net (loss)
for period                   -          -          -    (15,228)    (15,228)
                     ---------  ---------  ---------   --------  ----------
Balance
December 31, 1997    1,534,250      1,534     39,059    (38,715)      1,878

Issuance of
Common Stock
for cash @.05 per
share on November
11, 1998               200,000        200      9,800                 10,000

Cancellation
of Common shares
on November 11, 1998  (500,000)      (500)       500

Net (loss)
for period                   -          -          -     (6,736)     (6,736)
                       --------    -------     ------    -------     -------

                   See accountant's compilation report

                                6

<PAGE>

                  CORPORATE DEVELOPMENT CENTERS, INC.
                     (A DEVELOPMENT STAGE COMPANY)
          STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
   FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND MARCH 31, 2000
               (With Cumulative Figures From Inception)


                                          Additional    Accum-
                        Common    Stock      Paid-in    ulated
                        Shares   Amount      Capital  (Deficit)       Total
                     ---------   ------   ----------   -------        -----
Balance
December 31, 1998    1,234,250    1,234       49,359   (45,451)       5,142

Additional paid
in capital
contributed by
shareholder                                    1,200                  1,200

Net (loss) for
Period                       -        -            -    (4,535)      (4,535)
                     ---------   ------   ----------   -------        -----
Balance
December 31, 1999    1,234,250    1,234       50,559   (49,986)       1,807

Additional
paid in capital
contributed by
shareholder                                      300         -          300

Net (loss) for
period                       -        -            -   (10,152)     (10,152)
                     ---------   ------   ----------   -------        -----
Balance,
March 31, 2000       1,234,250    1,234       50,859   (60,138)      (8,045)

Additional
paid in capital
contributed by
shareholder                                      900                    900

Net (loss) for
period                       -        -            -    (2,387)      (2,387)
                     ---------   ------   ----------   -------        -----
Balance,
December 31, 2000   1,234,250  $ 1,234   $   51,759   $(62,525)    $ (9,532)

Additional
paid in capital
contributed by
shareholder                                     300                     300

Net (loss) for
period                       -        -            -    (5,847)      (5,847)
                     ---------   ------   ----------   -------        -----
Balance,
March 31, 2001       1,234,250  $ 1,234   $   52,059   $(68,372)  $ (15,079)
                     =========   ======   ==========   ========      =======

                See accountant's compilation report

                                7

<PAGE>

                CORPORATE DEVELOPMENT CENTERS, INC.
                   (A DEVELOPMENT STAGE COMPANY)
                      STATEMENT OF CASH FLOWS
      FOR THE THREE MONTHS ENDED MARCH 31, 2001 AND 2000
            (With Cumulative Figures From Inception)


                          Three Months  Three Months
                          Ended         Ended          From Inception
                          March 31,     March 31,      August 29, 1995 to
                          2001          2000           March 31, 2001
                          ------------  ------------   ------------------
CASH FLOWS FROM
  OPERATING ACTIVITIES

Net Loss                  $     (5,847) $    (10,152)      $      (68,372)
Non-cash items included
 in net loss
   Loss of sale of
     Equipment                       -             -                5,091
   Amortization                      -             -                4,800
   Depreciation                      -             -                2,477
   Rent                            300           300                2,700
   Decrease in stock
     subscription receivable         -             -                    -
                          ------------  ------------   ------------------
NET CASH FROM (USED) BY
  OPERATING ACTIVITIES          (5,547)       (9,852)             (53,304)


CASH FLOWS FROM INVESTING
 ACTIVITIES
   Organizational costs              -             -               (2,800)
   Purchase of equipment             -             -              (13,668)
   Proceeds from sale of
     equipment                       -             -                6,100
                          ------------  ------------   ------------------

NET CASH (USED) BY
INVESTING ACTIVITIES                 -             -              (10,368)

CASH FLOWS FROM FINANCING
  ACTIVITIES
   Proceeds from sale of
     common stock                    -             -               48,593
   Loan from shareholder         5,000        15,000               20,000
                          ------------  ------------   ------------------
NET CASH FROM FINANCING
ACTIVITIES                       5,000        15,000               68,593

NET INCREASE IN CASH              (547)        5,148       $        4,921
                                                        =================
CASH AT BEGINNING
  OF PERIOD                      5,468         1,807
                          ------------  ------------
CASH AT END OF PERIOD     $      4,921  $      6,955
                          ============  ============

               See accountant's compilation report.

                                8

<PAGE>

                 CORPORATE DEVELOPMENT CENTERS, INC.
                    (A DEVELOPMENT STAGE COMPANY)
                  NOTES TO THE FINANCIAL STATEMENTS
                     MARCH 31, 2001 AND 2000


NOTE A:    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

           The Company was incorporated on August 29, 1995
           under the laws of the state of Nevada.  The
           business purpose of the Company is to provide
           executive office facilities and services and
           provide corporate registered agent service to
           Nevada corporations.

           The Company will adopt accounting policies and
           procedures based upon the nature of future
           transactions.

NOTE B:    ORGANIZATION COSTS

           Organization costs were capitalized and amortized
           over 60 months.  In January of 1999, the Company
           adopted a change in accounting principle and
           elected to charge the previously unamortized
           amount of organization costs to operations in the
           current period.  The effect of this change has
           been reflected as a separate line item in the
           statement of operations.

NOTE C:    OFFERING COSTS

           The offering costs which were incurred by the
           Company in connection with a public stock offering
           were offset against the net offering proceeds of
           the stock offering.

NOTE D:    PUBLIC STOCK OFFERING

           In March of 1996, the Company completed the stock
           offering and sold 534,250 shares of its common
           stock at $.08 per share and received net proceeds
           of $30,593 from that offering.  The net proceeds
           will be used to provide executive office
           facilities and services and provide corporate
           registered agent service to Nevada corporations.

NOTE E:    INCOME TAXES

           No provision for income taxes has been recorded in
           the financial statements as the Company has
           incurred net operating losses from the date of
           inception through the current year.  The Company
           has net operating losses totaling $68,593 and
           $60,138 that may be used to offset future taxable
           income.

                                9

<PAGE>

                CORPORATE DEVELOPMENT CENTERS, INC.
                  (A DEVELOPMENT STAGE COMPANY)
                 NOTES TO THE FINANCIAL STATEMENTS
                   MARCH 31, 2001 AND 2000

NOTE F:    OFFICE EQUIPMENT AND DEPRECIATION

           Office equipment is carried at cost.  Expenditures
           for the maintenance and repair are charged against
           operations.  Renewals and betterments that
           materially extend the life of the asset are
           capitalized.

           Depreciation of the equipment is provided for
           using the straight-line method over the estimated
           useful lives for both federal income tax and
           financing reporting.

           All of the office equipment was sold and the
           existing operations were discontinued in 1997.
           The sale of the equipment resulted in a loss of
           $5,091.

NOTE G:    RELATED PARTY TRANSACTIONS

           The Company retained a shareholder to assist with
           the formation of the Company and issued 200,000
           shares of its common stock for these services.
           These services were valued at $2,000 or $.01 per
           share.

           The Company paid cash to a shareholder in the
           amount of $2,500 in connection with the formation
           of the Company and the preparation and
           implementation of the business plan.

           The Company has maintained an office at the office
           of a shareholder during the 1999 and 2000 fiscal
           year.  The fair market vale of this office rent
           has been reflected in the statement of operations
           at $100 per month.  The shareholder has agreed to
           contribute this amount to the Company as
           additional paid in capital.

           A shareholder loaned $15,000 to the company in
           January of 2000 and also $5,000 in January of 2001,
           in order to assist the Company with working capital
           needs.

NOTE H:    USE OF ESTIMATES

           The preparation of financial statements in
           conformity with generally accepted  accounting
           principals requires management to make estimates
           and assumptions that affect the reported amounts
           of assets and liabilities and disclosure of
           contingent assets and liabilities at the date of
           the financials statements and the reported amounts
           of revenue and expenses during the reporting
           period.  Actual results could differ from those
           estimates.

                                10

<PAGE>

NOTE I:    CANCELLATION OF SHARES

           In November of 1998, in order to have a more
           favorable capital structure, certain
           shareholders/officers elected to cancel previously
           issued shares of common stock.  Of the 500,000
           shares that were cancelled, 400,000 shares were
           previously purchased by these
           shareholders/officers at $.01 per share and
           100,000 were issued to a shareholder/officer for
           services rendered and valued at $01 per share.


                               11

<PAGE>

Item 2. Management's Discussion and Analysis or Plan of Operations

Plan of Operations

The Company was incorporated in the state of Nevada on August 29,
1995.  At its inception, the Company was formed for the purpose
of offering full service executive office space combined with
other business services such as reception desk services, photo
copying services, postal services and other services needed for a
business executive to operate a free standing office.

The Company initiated its business plan in 1996 but proved
unprofitable and closed operations in 1997.  Since that time, the
Company has been investigating ways to get back into the
executive office space business.  The Company has also been
investigating other products and/or services in which it might
engage that have potential for profit.

For the next 12 months, the Company will continue to seek out
business opportunities in which it can engage and/or operating
companies that it can acquire.  At March 31, 2001, the
Company had working capital of $4,921, enough to meet the cash
requirements of the Company for approximately six months.  We
believe the Company will need to raise an additional $7,000 by
selling additional shares or by borrowing in order to have
sufficient capital to meet its needs for the next 12 months.
Since the cease of operations in 1997, the Company has had
extremely limited working capital which it has obtained through
additional investment in the Company by principal shareholders.
The Company can only continue to exist by the continued
willingness of principal shareholders to fund the maintaining of
the Company.  In January, 2001, the Company borrowed $5,000 from
a shareholder in order to continue meeting the cash demands of
the Company.

Management believes that funding sources will continue to be
available to meet the anticipated needs of the Company's
operations through at least the next 12 months.  Even though the
Company does not at the present time have any understandings or
agreements with any persons or entities to provide such funding,
shareholders having an interest in seeing that the Company
remains a viable business entity have been willing to provide
funds to the Company in the past either through purchasing
additional stock or by loaning money to the Company.  However,
there can be no assurances to that effect, as the Company has no
revenues and the Company's need for capital may change
dramatically if it acquires an interest in a business opportunity
during that period.  It should also be noted that the Company is
now obligated to satisfy the costs associated with filing the
required reports under the Exchange Act of 1934.  It appears at
the present time that these costs will also have to be met
through the continued sale of stock or by borrowing additional
funds.  The Company's current operating plan is to (i) handle the
administrative and reporting requirements of a public company;
and (ii) search for potential business, products, technologies
and companies for acquisition.

                              12

<PAGE>

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS
OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

From time to time, the Company will make written and oral
forward-looking statements about matters that involve risk and
uncertainties that could cause actual results to differ
materially from projected results.  Important factors that could
cause actual results to differ materially include, among others:

-    General domestic economic and political conditions
-    Changes in laws and government regulations, including without
     limitation regulations of the Securities and Exchange
     Commission
-    The availability and timing of receipt of necessary outside
     capital
-    Other risk factors described from time to time in the
     Company's filings with the Securities and Exchange Commission.

Many of these factors are beyond the Company's ability to control
and predict.  Investors are cautioned not to place undue reliance
on forward-looking statements.  The Company disclaims any intent
or obligation to update its forward-looking statements, whether
as a result of receiving new information, the occurrence of
future events, or otherwise.

                              13
<PAGE>

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

         None

Item 2. Changes in Securities

         None

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 Reports on Form 8-K.

(a)   Exhibits

         None

(b)   Reports on Form 8-K

         None


SIGNATURES

In accordance with the requirements of the Securities and
Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned,
thereunto duly authorized.

CORPORATE DEVELOPMENT CENTERS, INC .

Date:   May 14, 2001



By:  /S/ Richard M. Bench
     Richard M. Bench, President

                              14