SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 April 30, 2003

     |_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

                 For the transition period from _____ to ______

                           Commission File No. 0-28514

                          Treasury International, Inc.

             (Exact name of registrant as specified in its charter)



           Delaware                                   98-0160284
    ------------------------------             ------------------------------
   (State or other jurisdiction of            (I.R.S. Employer Identification)
    incorporation or organization)

    422 Montana Ave., Libby, Montana                       59923
 --------------------------------------                   --------
(Address of principal executive offices)                 (Zip Code)

                                (406) 293-7299
              --------------------------------------------------
             (Registrant's telephone number, including area code)

   Securities registered pursuant to Section 12(b) of the Act: None Securities
                registered pursuant to Section 12(g) of the Act:

                     Common Stock, par value $.01 per share
                     ---------------------------------------
                                (Title of Class)




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 |_|

Number of shares of Common Stock outstanding as of April 30, 2003: 5,944,324





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<PAGE>
Bromberg & Associate          1183 Finch Ave. West, Suite 305
                              Toronto, Ontario M3J 2G2
                              Phone: (416) 663-7521
Chartered Accountants         Fax: (416) 663-1546



     Board of Directors and Shareholders
     Treasury International, Inc.

          We have reviewed the accompanying interim consolidated balance sheets
     of Treasury International, Inc. as at April 30, 2003, and the interim
     consolidated statements of operations, and cash flows for the period then
     ended in accordance with the statements on standards for accounting and
     review services issued by the American Institute of Certified Public
     Accountants. All information included in these interim consolidated
     financial statements is the representation of management of Treasury
     International, Inc.

               A review consists principally of 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 audited
     standards, the objective of which is the expression of an opinion.

              Based on our review, we are not aware of any material
     modifications that should be made to the accompanying interim consolidated
     financial statements in order for them to be in conformity with generally
     accepted accounting principles.

                                                BROMBERG & ASSOCIATE
                                                   CHARTERED ACCOUNTANTS



            TORONTO, CANADA
            June 9, 2003





















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<PAGE>

                          TREASURY INTERNATIONAL, INC.

                       INTERIM CONSOLIDATED BALANCE SHEET

                              AS AT April 30, 2003

                                   (UNAUDITED)



ASSETS

                                          April 30, 2003      January 31, 2003

CURRENT ASSETS
Bank                                          $ 31,366            $ 56,080
Accounts Receivable                           $ 29,289            $ 26,231
Securities Available for Sale (Note 3)        $ 60,460            $ 60,460
--------------------------------------------------------------------------
TOTAL CURRENT ASSETS                          $121,115            $142,771

Goodwill                                      $292,239            $292,239
Loan Receivable                               $ 32,217            $ 37,217
Long Term Investments (Note 4)                $260,827            $260,827
Capital Assets (Notes 2c & 5)                 $ 14,437            $ 15,662
--------------------------------------------------------------------------
TOTAL ASSETS                                  $720,835            $748,716
--------------------------------------------------------------------------


LIABILITIES

CURRENT LIABILITIES
 Account Payable and Accrued Liabilities      $114,577            $ 67,210
 Current portion of long-term debt (Note 6)   $150,000            $217,605
  ------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES                     $264,577            $284,815

Long Term Debt (Note 6)                       $208,361            $233,361
--------------------------------------------------------------------------
TOTAL LIABILITIES                             $472,938            $518,176
--------------------------------------------------------------------------














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                          TREASURY INTERNATIONAL, INC.

                       INTERIM CONSOLIDATED BALANCE SHEET

                              AS AT April 30, 2003

                              SHAREHOLDER'S EQUITY

                                   (UNAUDITED)

                                          April 30, 2003    January 31, 2003
SHARE CAPITAL

Authorized - 100,000,000
common shares Issued -
5,444,324 common shares                   $    54,070       $    52,845

Contributed Surplus (Note 8)              $ 7,373,307       $ 7,145,590

Deficit                                   $(7,224,940)      $(6,988,355)
------------------------------------------------------------------------

TOTAL SHAREHOLDERS EQUITY                 $   202,437       $   210,080
------------------------------------------------------------------------

Accumulated Other Deficit                 $    45,460       $    20,460
------------------------------------------------------------------------

TOTAL LIABILITIES &
SHAREHOLDER'S EQUITY                      $   720,835       $   748,716
------------------------------------------------------------------------



























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                          TREASURY INTERNATIONAL, INC.

                    INTERIM CONSOLIDATED STATEMENT OF DEFICIT

                 FOR THE THREE MONTH PERIOD ENDED April 30, 2003

                                   (UNAUDITED)


                                        April 30, 2003     April 30, 2002
                                        --------------     --------------


Balance, beginning of period              $6,988,355         $6,169,419

Net Loss for the period                   $  236,585         $  115,115
                                          ----------           --------

Balance, end of period                    $7,224,940         $6,284,534
                                          -----------        ----------




































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                          TREASURY INTERNATIONAL, INC.

                  INTERIM CONSOLIDATED STATEMENT OF OPERATIONS

                 FOR THE THREE MONTH PERIOD ENDED April 30, 2003

                                   (UNAUDITED)



                                             April 30, 2003   April 30, 2002


REVENUE                                        $ 73,994         $  7,000
------------------------------------------------------------------------

COST OF GOODS SOLD                             $  1,000         $    ---
------------------------------------------------------------------------

GROSS PROFIT                                   $ 72,994         $  7,000
------------------------------------------------------------------------

EXPENSES
  General and administrative                   $256,604         $ 30,797
  ----------------------------------------------------------------------
  LOSS from operations before
      under noted items                        $183,610         $ 23,797
  ----------------------------------------------------------------------

    Loss on Sale of Shares                     $    ---         $ 38,498
     Interest Expense                          $  6,290         $ 30,646
    Amortization                               $  1,225              429
    --------------------------------------------------------------------


    LOSS from Operations                       $191,125         $ 93,370
    Other loss principally
    unrealized losses on
    securities available
    for sale                                   $ 45,460         $ 21,745
                                               --------         --------
    Net Loss                                   $236,585         $115,115

    Income per share                               0.00             0.00
    --------------------------------------------------------------------

   Weighted average number of Common Shares
   Outstanding                                5,103,313        4,467,667
                                              ---------        ---------




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<PAGE>

                          TREASURY INTERNATIONAL, INC.

                        INTERIM CONSOLIDATED STATEMENT OF

                         CHANGES IN SHAREHOLDERS' EQUITY

                 FOR THE THREE MONTH PERIOD ENDED April 30, 2003

                                   (UNAUDITED)

                                       COMMON     CONTRIBUTED       PAID-IN
                                       SHARES       SURPLUS         CAPITAL
                                       ------     -----------       -------

Balance - January 31, 2003          5,821,853      $7,145,590       $52,845
               (Note 7)

Issued 56,000 shares of common         56,000      $  111,440       $   560
stock in consideration of $112,000

Issued 66,471 shares of common         66,471      $  116,277       $   665
Stock in consideration for $116,942
Payment on Loans

---------------------------------------------------------------------------
Balance-April 30, 2003              5,944,324      $7,373,307       $54,070
---------------------------------------------------------------------------





























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<PAGE>

                          TREASURY INTERNATIONAL, INC.

                  INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS

                 FOR THE THREE MONTH PERIOD ENDED April 30, 2003

                                   (UNAUDITED)

                                                 April 30, 2003  April 30, 2002
                                                 --------------  --------------

Cash flows from operating activities
     Net (loss)                                     $(236,585)     $(115,115)
     Adjustment to reconcile net income to
     net cash used in operating activities
     Amortization                                   $   1,225      $     429
     Decrease in accounts receivable                $  (3,058)     $  (6,810)
     Decrease in Securities Available for Sale      $  25,000      $ 151,471
     Increase (Decrease) in accounts payable        $  47,367      $ (19,695)
     -----------------------------------------------------------------------
Net cash provided by operating activities           $(166,051)     $  10,280
----------------------------------------------------------------------------
Cash flows from financing activities
     Notes Payable                                  $ (92,605)     $     ---
     Loan Receivable                                $   5,000      $     ---
     Proceeds on issue of common shares             $ 228,942      $     ---
     -----------------------------------------------------------------------
    Cash used for financing activities              $ 141,337      $     ---
    ------------------------------------------------------------------------
 Cash flows from investing activities
     Long Term Investments                          $     ---      $  (1,775)
     -----------------------------------------------------------------------
Cash provided by investing activities               $     ---      $  (1,775)
----------------------------------------------------------------------------

Increase (decrease) in bank                         $ (24,714)     $   8,505
Bank, beginning of period                           $  56,080      $   2,165
----------------------------------------------------------------------------
Bank, end of period                                 $  31,366      $  10,670
----------------------------------------------------------------------------
















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                           TREASURY INTERNATIONAL, INC
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                              AS AT April 30, 2003

1.  Nature of business
       Treasury International, Inc., through its wholly owned subsidiaries,
       Retailport.com, Inc., provides services of creative designs, custom
       development, hosting for web-based applications, secure payment
       processing gateway, set-up, training and support of client technology
       solutions. American Sports Academy LLC is a service center provider of
       sports education and instructions to multi sport camps and clinics.
       T-Ball USA Academy Inc. develops markets and operates various programs
       related to the sport of T-Ball. Raceaway Hospitality Inc. provides travel
       packages and hospitality services surrounding major sporting events
       throughout the United States. American Sports Academy Inc. intends to
       provide to boys and girls between the ages of four and fifteen years of
       age, multi-sport instructional programs throughout the central and
       western United States.

2.  Summary of Significant accounting policies

    a) Basis of consolidation
       These consolidated financial statements include the accounts of the
       company and it subsidiaries and the revenues and expenses of its
       subsidiaries since the date of purchase.

    b) Capital assets
       Capital assets are recorded at cost less accumulated amortization.
       Amortization is provided as follows:

       Office equipment             -20% diminishing balance
       Computer equipment           -30% diminishing balance

    c) Revenue Recognition
       Revenue is recognized when customers are pay for products shipped by the
       company.

    d) Income per share
       Income per share is calculated based on the weighed average number of
       shares outstanding during the period.

    e) General
       These financial statements have been prepared in accordance with United
       States generally accepted accounting principles (GAAP), as they relate to
       these financial statements

3.  Securities Available for Sale
       The Company owns equity securities in other Corporations that management
considers to be strategic or synergistic to the Company's growth. The Securities
Available for Sale is recorded at their fair market value for this reporting
period according to the requirements of SFAS 115.





                                       9



                          TREASURY INTERNATIONAL, INC.
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                              AS AT April 30, 2003

3.  Securities Available for Sale (Continued)

Issuer                            Market   Cost   Unreported Gain,  Fair Value
                                                    (  Loss  )
Wall Street Financial Corporation OTC BB  $4,060    ($  4,060)         N/L
Modern Manufacturing Inc.         OTC BB $56,400    ($ 41,400)        $15,000
-----------------------------------------------------------------------------
                                         $60,460    ($ 45,460)        $15,000
-----------------------------------------------------------------------------

4.  Long Term Investments
       The Company has made certain equity investments in other Corporations
that management considers to be strategic or synergistic to the Company's
growth.

5.  Capital Assets
                                   April 30, 2003           January 31, 2003
----------------------------------------------------------------------------
                      Cost    Accumulated    Net book            Net Book
                              Amortization     value               value
----------------------------------------------------------------------------

Office equipment    $24,474     $11,992       $12,482                $13,549
Computer equipment  $13,436     $11,481       $ 1,955                $ 2,113
----------------------------------------------------------------------------
                    $37,910     $23,473       $14,437                $15,662
----------------------------------------------------------------------------

6.  Notes payable
       The notes payable consist of the following:

Due Date                           Principal Amount
Current                                $150,000
April 30, 2005                         $208,361
                                       --------
Total                                  $358,361
The interest rates on the notes are between 0%-7%.

7.  Contributed surplus
       Contributed surplus represents the premium paid on the issuance of common
shares.

8.  Income taxes
       As at April 30, 2003 the company had a net operating loss carryover of
approximately $7,224,940 expiring in various years through 2016.






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<PAGE>


                           TREASURY INTERNATIONAL, INC
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                              AS AT April 30, 2003

ITEM 2.  Management's Discussion and Analysis or Plan of Operation
------------------------------------------------------------------
     This Quarterly Report on Form 10-QSB for the quarterly period ended April
30, 2003 contains "forward-looking" statements within the meaning of the Federal
securities laws. These forward-looking statements include, among others,
statements concerning the Company's expectations regarding business
opportunities and market trends, competition, sales trends, the availability of
debt and equity capital to fund the Company's capital requirements, and other
statements of expectations, beliefs, future plans and strategies, anticipated
events or trends, and similar expressions concerning matters that are not
historical facts. The forward-looking statements in this Quarterly Report on
Form 10-QSB for the quarterly period ended April 30, 2003 are subject to risks
and uncertainties that could cause actual results to differ materially from
those results expressed in or implied by the statements contained herein.

Overview
--------
     Treasury International, Inc. (the "Company") is a company whose objective
is to create shareholder value by acquiring and/or developing operations and
proprietary assets that generates sustainable revenues and which yield long-term
growth potential. The Company's operations are located primarily in North
America.

     During the next few years, the Company expects to continue to implement its
development strategy. The Company's development strategy includes acquiring
operations and assets that meet the following objectives: (i) allow the Company
to gain strategic position, (ii) improve asset productively, and (iii) improve
growth potential in both emerging technologies and key targeted vertical market
sectors. To increase market share, the Company may also attempt to acquire or
seek alliances with key competitors and other companies that may have important
products and synergies with the Company's existing operations and products.

     The Company's management team has revised both the Company's restructuring
plans and the Company's operations. Management believes the Company is now
positioned to attract new investment and identify potential acquisition targets.

The Company's current business is the design, development and delivery of
internet-based enterprise management and communication solutions for
organizations with less than 500 employees and sales of less than $100,000,000.
The Company's products facilitate the sharing of business-critical information
between employees, trading partners and customers to streamline processes, to
encourage knowledge transfer and to build competitive advantage. The Company's
operations include Retailport.com, a wholly owned subsidiary of the Company. It
provides development and delivery of Internet-based solutions to address
critical and often complex business and technology needs for their clients.
Services offered by Retailport.com include creative designs, custom development,
hosting for web-based applications, secure payment processing gateway, set-up,
training and support of client of proprietary software assets and activities



                                       11

<PAGE>


known as the Active Business Solutions, which includes ActiveRMS and
ActiveCommerce. Active Business Solutions is an Internet based Enterprise
Management and E-Commerce package that facilitates the selling of products and
the sharing of critical information between employees, trading partners and
customers. Retailport.com's solutions have empowered organizations with the
ability to sell online and receive memberships through real time online
registration and payment processing.

American Sports Academy LLC. (ASA LLC), a wholly owned subsidiary of the
Company, is a service center provider of sports education and instructions to
multi-sports education and instructions to multi-sport camps and clinics. ASA
LLC currently employs a team of highly qualified sport educators who provide
hands on, professionally led sports instruction to children ages 5 to 15 years
old and invaluable training to coaches throughout the New York Metropolitan. ASA
LLC has selected Retailport.com's Active Business Solutions to automate and
transform their business operations including an online camp registrations
process. This initiative will significantly increase their ability to expand
their business model nationwide more effectively and efficiently.

T-Ball USA Academy, a wholly owned subsidiary of the Company, provides camps,
clinics, logo-bearing products, printed material, instructional videos, national
corporate sponsorships and other ventures related to youth and senior
participation in the sport of Tee ball. Tee ball is the entry sport to baseball
and softball for young players four to eight years old. Treasury International,
Inc. endorses T-ball USA Academy to develop market and operate various programs
related to the sport of Tee ball. T-Ball USA Academy had employed Retailport.com
to provide the technology needed for their online registration and Ecommerce.

Raceaway Hospitality Inc., a wholly owned subsidiary of the Company, packages
travel and hospitality services surrounding major sporting events throughout the
United States. These activities include the promotion and sales of sports
hospitality and travel packages surrounding major sporting events. Most of these
packages are centered on the growing motor sports industry. Raceaway Hospitality
is also developing new packages for the hunting and fishing industries.

American Sports Academy Inc. (ASA, Inc.), a wholly owned subsidiary of the
Company, provides premier sport camp business for a variety of locations from
central to western United States, that are totally customizable to each
particular location.

The camp program teaches kids the finer points of their respective sport, not
just the basics. The camps run for one week long in the summer so there is ample
time to teach the kids on a specific emphasis, whether it be hitting, pitching
or the like. Each location will have a different set of circumstances relating
to competition and competitive advantage. There is a lot of competition in the
sports camp business yet ASA Inc. feels that there is room for a higher
education in sports camp business that trains athletes to improve their skills
by working with high school coaches to see what the kids need to learn that they
haven't learned in other programs.






                                       12

<PAGE>


Three Month Period Ended April 30, 2003
---------------------------------------
     Revenues from operations for the three months ended April 30, 2003 were
$73,994 as compared to $7,000 for the three months ended April 30, 2002, an
increase of $66,994. The increase in revenues were principally generated by one
of the Company's wholly-owned subsidiaries, Raceaway Hospitality, Inc., which
was acquired in November 2002. Operating revenues include only the sales
activities completed during the period as the Company books its revenue only on
the completion of a billable activity.

     General and administrative expenses increased to $256,604 for the three
months ended April 30, 2003, as compared to $30,797 for the three months ended
April 30, 2002. Due to ongoing supporting technology development at
Retailport.com Inc. the general and administrative costs of employees and office
administrative expenses, professional fees, increased accounting costs, interest
expenses, commissions, and development costs are growing and producing activity
at the Company.

     The Company's ability to develop and market new products and product
enhancements in a timely manner is subject to various factors, including the
availability of adequate financial resources to support such efforts, as well as
other factors outside the control of the Company. There can be no assurance that
the Company will be successful in developing and marketing new products and
product enhancement. As a result of the foregoing factors, the Company recorded
a loss of $236,585 for the three months ended April 30, 2003, as compared to a
loss of $115,115 for the three months ended April 30, 2002.

Liquidity and Capital Resources
-------------------------------
     The Company believes, based on its currently proposed plans and assumptions
relating to its existing assets, that its projected cash flows from operations,
combined with borrowings and/or the sale of common stock or assets, will be
sufficient to meet its operating and financing requirements through the next
reporting period. However, depending on the actual results of operations, the
Company may seek to raise additional debt or equity capital through public or
private financings, increase its current lending facilities, or seek
project-specific financings. There can be no assurances that the Company will be
successful in raising the required capital in a timely basis and/or under
acceptable terms and conditions, and the Company's inability to do so may impair
its ability to implement its business plan.

Recent Accounting Pronouncements
--------------------------------
     In June 1998, the Financial Accounting Standards Board issued Statement No.
133,"Accounting for Derivative for financial statements for all fiscal quarters
of all fiscal years beginning after June 15, 2000. SFAS No. 133 standardizes the
accounting for derivative instruments, including certain derivative instruments
embedded in other contracts, by requiring that an entity recognize those items
as assets or liabilities in the statements of financial position and measures
them at fair value. SFAS No. 133 for its fiscal year beginning February 1, 2001.
The Company currently does not have any derivative instruments nor is it engaged
in any hedging activities, thus the Company does not believe that implementation
of SFAS No. 133 will have a material effect on its financial statement
presentation and disclosures.

                                       13

<PAGE>


     In December 1999, the Staff of the Securities and Exchange Commission
issued Staff Accounting Bulletin No. 101, "Revenue Recognition in Financial
Statements" ("SAB No. 101"). SAB No. 101, as amended by SAB No. 101A and SAB No.
101B, is effective no later than the fourth fiscal quarter of fiscal years
beginning after December 15, 1999. SAB No. 101 provides the Staff's views in
applying generally accepted accounting principles to selected revenue
recognition issues. The Company believes that it currently complies with the
accounting and disclosures provisions described in SAB No. 101 will have a
material effect on its financial statement presentation and disclosures.














































                                       14
<PAGE>
                  TREASURY INTERNATIONAL INC. AND SUBSIDIARY'S
                                OTHER INFORMATION

                           PART II. OTHER INFORMATION

Item 5. Other information

                             Controls and Procedures

In the 90 day period before the filing of this report, the chief executive and
the chief financial officers of the company have evaluated the effectiveness of
the company's disclosure controls and procedures. These disclosure controls and
procedures are those controls and other procedures we maintain, which are
designed to insure that all of the information required to be disclosed by the
company in all its periodic reports filed with the SEC is recorded, processed,
summarized and reported, within the time periods specified in the SEC's rules
and forms. Disclosure controls and procedures include, without limitation,
controls and procedures designed to ensure the information required to be
disclosed by the company in its reports filed or submitted under the Securities
Exchange Act of 1934 is accumulated and communicated to company management,
including the chief executive and chief financial officers of the company, as
appropriate to allow those persons to make timely decisions regarding required
disclosure.

Item 6. Exhibits and Reports on Form 8-K

(a) Exhibits-
99.1 Section 906 Certification of President Re: Sarbanes-Oxley Act of 2002
99.2 Certification of President Re: Sarbanes-Oxley Act of 2002

99.3 Section 906 Certification of Chief Financial Officer Re: Sarbanes-Oxley
     Act of 2002
99.4 Certification of Chief Financial Officer Re: Sarbanes-Oxley Act of 2002

(b) Form 8-K filed-none

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed in its behalf by the undersigned, thereunto duly
authorized.

                          TREASURY INTERNATIONAL, INC.



Dated: June 20, 2003            By /s/ Dale Doner
                                       -----------------------------------------
                                       Dale Doner, President


Dated: June 20, 2003            By /s/ Kristina Sickels
                                       -----------------------------------------
                                       Kristina Sickels, Chief Financial Officer



                                       15