United States
                       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 Quarter ended March 31, 2001

                        Commission File Number:  0-29803


                               Safe ID Corporation


Nevada                                                                88-0407078
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)

Suite  B3,  1700  Varsity  Estates  Drive NW Calgary, Alberta Canada     T3B-2W9
(Address  of  principal  executive  offices)                         (Zip  Code)

Registrant's  telephone  number,  including  area  code:         (403)  247-4630


As  of  March  31,  2001,  22,584,000  shares  of  Common  Stock were issued and
outstanding.


Transitional  Small  Business  Disclosure  Format  (check one): yes [ ]   no [X]

                                        1


                          PART I: FINANCIAL INFORMATION

                          ITEM 1. FINANCIAL STATEMENTS.

     The  financial  statements,  for  the  three  months  ended March 31, 2001,
included herein have been prepared by the Company, without audit pursuant to the
rules  and  regulations  of  the  Securities  and  Exchange  Commission. Certain
information  and  footnotes disclosure normally included in financial statements
prepared  in  accordance with generally accepted accounting principles have been
condensed  or  omitted  pursuant  to  such  rules  and regulations, although the
Company  believes  that the disclosures are adequate to make the information not
misleading.

          The  Remainder  of  this  Page  is  Intentionally  left  Blank

                                        2


                               SAFE ID CORPORATION
                          (a Development Stage Company)
                           BALANCE SHEETS (UNAUDITED)

                                                    MARCH 31,       DECEMBER 31,
                                                      2001              2000
--------------------------------------------------------------------------------

ASSETS

CURRENT
Cash                                                        $502          $844
                                                      -------------------------
LIABILITIES
CURRENT
Accounts payable                                         $39,539       $39,939
DUE TO STOCKHOLDERS                                        7,988         7,333
                                                      -------------------------
TOTAL LIABILITIES                                         47,527        47,272
                                                      -------------------------
STOCKHOLDERS'  DEFICIENCY

COMMON STOCK, 25,000,000 shares
authorized, par value of $0.001,
22,584,000 (2000-24,000,000)
shares issued and outstanding                             24,000       24,000

ADDITIONAL PAID-IN CAPITAL                                32,000       32,000

DEFICIT ACCUMULATED DURING
THE DEVELOPMENT STAGE                                   (103,025)    (102,428)
                                                      -------------------------
TOTAL STOCKHOLDERS' DEFICIENCY                           (47,025)     (46,428)
                                                      -------------------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                  $502         $844
                                                      =========================

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

                                        3


                               SAFE ID CORPORATION
                          (a Development Stage Company)
                             STATEMENT OF OPERATIONS

<TABLE>
<CAPTION>
<S>                             <C>               <C>              <C>
                                                                    PERIOD FROM
                                THREE MONTHS     THREE MONTHS       JUNE 27, 1996
                               ENDED MARCH 31,  ENDED MARCH 31,    (INCEPTION) TO
                                    2001            2000           MARCH 31, 2001
----------------------------------------------------------------------------------
EXPENSES
Rent                                  $483             $762               $5,135
Selling and administrative             100            2,833                6,205
Bank charges                            14               89                  220
Consulting                               0              688               36,854
Travel                                   0                0                4,976
Professional fees                        0            8,430               49,635
                                -------------------------------------------------
TOTAL  EXPENSES  AND  NET

LOSS FOR PERIOD                       $597          $12,802             $103,025
                                -------------------------------------------------
NET LOSS PER SHARE                  $ 0.00          $  0.00
                                -------------------------------------------------
WEIGHTED  AVERAGE  NUMBER
OF SHARES OUTSTANDING           22,993,066       24,000,000
                                -------------------------------------------------
</TABLE>

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

                                        4


                               SAFE ID CORPORATION
                          (a Development Stage Company)
                 STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIENCY)


<TABLE>
<CAPTION>
<S>                              <C>                <C>                <C>              <C>              <C>
                                                                                            DEFICIT
                                                                                           ACCUMULATED
                                   COMMON               COMMON            ADDITIONAL        DURING THE           TOTAL
                                    STOCK                STOCK              PAID-IN         DEVELOPMENT     STOCKHOLDERS'
                                   NUMBER                AMOUNT             CAPITAL            STAGE             EQUITY
---------------------------------------------------------------------------------------------------------------------------
                                                                                                              (Deficiency)

BALANCE, JUNE 27, 1996                      0               $0                 $0                 $0                 $0
                                 ------------------------------------------------------------------------------------------
COMMON STOCK ISSUED FOR SERVICES    6,000,000            6,000             (5,000)                 0              1,000

NET  LOSS,  JUNE  27,  1996
TO DECEMBER 31, 1996                        0                0                  0             (1,000)            (1,000)
                                    -----------------------------------------------------------------------------------
BALANCE, DECEMBER 31, 1996          6,000,000            6,000             (5,000)            (1,000)                 0
NET  LOSS,  YEAR  ENDED

DECEMBER 31, 1997                           0                0                  0                  0                  0
                                    -----------------------------------------------------------------------------------
BALANCE, DECEMBER 31, 1997          6,000,000            6,000             (5,000)            (1,000)                 0

NET  LOSS,  YEAR  ENDED
DECEMBER 31, 1998                           0                0                  0               (350)              (350)
                                    -----------------------------------------------------------------------------------
BALANCE, DECEMBER 31, 1998          6,000,000            6,000             (5,000)            (1,350)              (350)

COMMON  STOCK  ISSUED
For services                        9,000,000            9,000             21,000                  0             30,000
For cash                            9,000,000            9,000             21,000                  0             30,000

NET  LOSS,  YEAR  ENDED
DECEMBER 31, 1999                           0                0                  0            (51,861)           (51,861)
SHARE ISSUE COSTS                           0                0             (5,000)                 0             (5,000)
                                    -----------------------------------------------------------------------------------
BALANCE, DECEMBER 31, 1999         24,000,000           24,000             32,000            (53,211)             2,789

NET  LOSS,  YEAR  ENDED
DECEMBER 31, 2000                           0                0                  0            (49,217)           (49,217)
                                    -----------------------------------------------------------------------------------
BALANCE, DECEMBER 31, 2000         24,000,000           24,000             32,000           (102,428)           (46,428)
SHARE CANCELLATION                 (1,416,000)          (1,416)             1,416                  0                  0

NET  LOSS,  PERIOD  ENDED
MARCH 31, 2001                              0                0                  0               (597)              (597)
                                    -----------------------------------------------------------------------------------
BALANCE, MARCH 31, 2001            22,584,000          $22,584            $33,416          $(103,025)          $(47,025)
                                   =====================================================================================
</TABLE>

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

                                        5


                               SAFE ID CORPORATION
                          (a Development Stage Company)
                       STATEMENT OF CASH FLOWS (UNAUDITED)

<TABLE>
<CAPTION>
<S>                                <C>              <C>                <C>
                                                                         PERIOD FROM
                                  THREE MONTHS     THREE MONTHS         JUNE 27,1996
                                 ENDED MARCH 31   ENDED MARCH 31      (INCEPTION) TO
                                      2001            2000             MARCH 31, 2001
---------------------------------------------------------------------------------------

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                              $(597)          $(12,802)           $(103,025)

Adjustment  to  reconcile  net  loss
to  net  cash  used  in  operating
activities

Issuance  of  common  stock  for  payment
of services                               0                  0               31,000

CHANGES  IN  NON-CASH  WORKING  CAPITAL

Prepaid expense                           0              5,600                    0
Accounts payable                       (400)             2,830               39,539
                                     -----------------------------------------------
NET CASH USED IN OPERATING ACTIVITIES  (997)            (4,372)             (32,486)
                                     -----------------------------------------------
FINANCING  ACTIVITIES
Advances from stockholders              655              6,000                7,988
Issuance of common stock                  0                  0               25,000
                                     -----------------------------------------------
NET CASH PROVIDED BY
 FINANCING ACTIVITIES                   655              6,000               32,988
                                     -----------------------------------------------
CASH INFLOW (OUTFLOW)                  (342)             1,628                  502
CASH, BEGINNING OF PERIOD               844              2,778                    0
                                     -----------------------------------------------
CASH, END OF PERIOD                    $502             $4,406                 $502
                                     ===============================================
</TABLE>

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

                                        6


                             SAFE  ID  CORPORATION
                       (A  DEVELOPMENT  STAGE  COMPANY)
                        NOTE  TO  FINANCIAL  STATEMENTS
                                (U.S.  DOLLARS)



1.     BASIS  OF  PRESENTATION

These  unaudited  consolidated  financial  statements  have  been  prepared  in
accordance  with  generally  accepted accounting principles in the United States
for  interim financial information.  These financial statement are condensed and
do  not  include  all disclosures required for annual financial statements.  The
organization  and  business  of the Company, accounting policies followed by the
Company  and  other  information  are  contained  in  the notes to the Company's
audited  financial  statements  filed as part of the Company's December 31, 2000
Form  10-SB-12G.

In  the  opinion of the Company's management, these financial statements reflect
all  adjustments necessary to present fairly the Company's financial position at
March  31,  2001  and  the  results  of  operations and cash flows for the three
months  ended  March 31, 2001 and 2000.  The results of operations for the three
months  ended March 31, 2001 are not necessarily indicative of the results to be
expected  for  the  entire  fiscal  year.

                                        7


              ITEM 2. DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

 (A)  PLAN  OF  OPERATION  FOR  THE  NEXT  TWELVE  MONTHS.

      (1)  CASH REQUIREMENTS AND OF NEED FOR ADDITIONAL FUNDS, TWELVE MONTHS. We
have  estimated that we would require about $250,000 in the next twelve month to
meet  overhead  (rent,  salaries,  and  operational  expenses) and also expenses
connected  with  marketing  (cost of goods sold, buying chips, mainly,) and also
general  working  capital.  These  necessary  funds  must  be raised by offering
additional  shares  of  stock in one or a combination of the following: a public
offering  pursuant  to  the  Securities Act of 1933; and/or, one or more private
placements  of  restricted  securities.  We have not determined yet what plan or
plans  of  capital  formation  we  will  pursue.

     We  would  require  about  $50,000 to launch, to establish our dynamic link
relationships  with  major  markets,  and to produce and circulate brochures and
initial  advertising announcements. The term "dynamic link" refers to the common
commercial  practice by which one web site features a direct link to another web
site.

     We  would  require  about  $200,000  in  initial  working capital to insure
liquidity  for  the  first  twelve  months  following  our  launch.

     As previously stated, we believe that an initial $250,000 private placement
would  be sufficient to defer our expenses until we begin to generate sufficient
revenues.  Since our 1934 Act Registration is clear of comments, we will proceed
with  our  planned  private placement. We would expect to allow three months for
the  completion  and clearance of funds. At that time we will purchase inventory
and  expect  to begin making sales and recording revenues immediately. The basis
for  our  expectation  of  immediate  revenue  generation  is  based  upon  our
management's  existing  relationships  and  informal  contacts  with  potential
customers.  If  we  are  unsuccessful  in  securing  investment  in  our private
placement,  we  may  not  be  able  to  continue  as  a  going  concern.

     It  is  apparent  that  our  cash  on hand is insufficient for any material
purpose.  We  do not have any current operations. Accordingly, expenses incurred
which  exceed  our  available  cash  on  hand  must  be  and will be advanced by
management.

     We  do not anticipate any contingency upon which we would voluntarily cease
filing reports with the SEC, even though we might cease to be required to do so.
It  is  in our compelling interest to report our affairs quarterly, annually and
currently,  as  the  case  may  be,  generally  to  provide  accessible  public
information  to  interested  parties,  and  also  specifically  to  maintain our
qualification  for  the  OTCBB.

      (2)  SUMMARY  OF  PRODUCT RESEARCH AND DEVELOPMENT. We do not have any new
products in development. We do not develop new products. We may re-sell products
developed  by  others  in  the  future,  when and if they are demonstrated to be
marketable  and  properly  warranted  by  their  manufacturers.

      (3)  EXPECTED  PURCHASE  OR SALE OF PLANT AND SIGNIFICANT EQUIPMENT. None.

      (4)  EXPECTED  SIGNIFICANT  CHANGE  IN THE NUMBER OF EMPLOYEES. We have no
firm  expectations.  We  hope to grow. Growth would be accompanied by additional
employees.

 (B)  MANAGEMENT  DISCURSION  AND  ANALYSIS.  We  have enjoyed no revenues since
inception  January  27,  1996.

                                        8


                           PART II: OTHER INFORMATION


ITEM  1.  LEGAL  PROCEEDINGS.  None

ITEM  2.  CHANGE  IN  SECURITIES.  None

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES.  None

ITEM  4.  SUBMISSION  OF  MATTERS  TO  VOTE  OF  SECURITY  HOLDERS.  None

ITEM  5.  OTHER  INFORMATION.None

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K.  None

                                   SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-QSB  Report for the Quarter ended March 31, 2001, has been signed below
by  the  following person on behalf of the Registrant and in the capacity and on
the  date  indicated.

                               SAFE ID CORPORATION
Dated:  May  14,  2001

                                       by



/s/Maurizio Forigo          /s/Lance Morginn
   Maurizio  Forigo            Lance  Morginn
   president/director          secretary/director

                                        9