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 June 30, 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


Shares  Registered  Section  12(g):  Common  Stock


As  of  June  30,  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 and six months ended June
30,  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)
                                 (U.S. DOLLARS)


                                            JUNE 30,              DECEMBER 31
                                               2001                   2000
--------------------------------------------------------------------------------
                                     ASSETS

CURRENT
Cash                                        $6,452                       $844
                                       ----------------------------------------
LIABILITIES
CURRENT
  Accounts payable                         $38,798                    $39,939
                                       ----------------------------------------
  DUE TO STOCKHOLDERS                       25,977                      7,333
                                       ----------------------------------------
  TOTAL LIABILITIES                         64,775                     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              22,584                      24,000
                                       ----------------------------------------
ADDITIONAL PAID-IN CAPITAL                  33,416                      32,000
                                       ----------------------------------------
  DEFICIT ACCUMULATED DURING
THE DEVELOPMENT STAGE                     (114,323)                   (102,428)
                                       ----------------------------------------
 TOTAL STOCKHOLDERS' DEFICIENCY            (58,323)                    (46,428)
                                       ----------------------------------------
 TOTAL LIABILITIES AND
STOCKHOLDERS' DEFICIENCY                    $6,452                        $844
                                      ========================================

                                        3


                              SAFE ID CORPORATION
                          A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS
                                  (UNAUDITED)
                                 (U.S. DOLLARS)

<TABLE>
<CAPTION>
                                                                                           JUNE 27, 1996
                                                                                             (INCEPTION)
                            THREE MONTHS ENDED JUNE 30,      SIX MONTHS ENDED JUNE 30,             TO
                              2001              2000           2001            2000          JUNE 30, 2001
----------------------------------------------------------------------------------------------------------
<S>                            <C>            <C>            <C>          <C>          <C>
SALES                          $11,740             $0            $11,740          $0              $11,740
COST OF SALES                    9,180              0              9,180           0                9,180
                             ----------------------------------------------------------------------------
GROSS PROFIT                     2,560              0              2,560           0                2,560
                             ----------------------------------------------------------------------------

OPERATING  EXPENSES
  Professional
  fees                          10,504          8,537              10,504     16,967               60,139
  Consulting                       973              0                 973        688               37,827
  Rent                             958            748               1,441      1,510                6,093
  Selling  and
  administrative                   670          1,605                 770      4,438                6,875
  Travel                           652              0                 652          0                5,628
  Bank charges                     101             18                 115        107                  321
                             ----------------------------------------------------------------------------
                                13,858         10,908              14,455     23,710              116,883
                             ----------------------------------------------------------------------------
NET  LOSS  FOR
   PERIOD                     $(11,298)      $(10,908)           $(11,895)  $(23,710)          $(114,323)
                             ============================================================================
NET  LOSS  PER
SHARE                           $ 0.00         $ 0.00              $ 0.00     $ 0.00
                             ============================================================================
WEIGHTED  AVERAGE
NUMBER  OF
SHARES
OUTSTANDING                 22,584,000     24,000,000          22,787,403   24,000,000
                             ============================================================================
</TABLE>

                                        4


                              SAFE ID CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                     STATEMENTS OF STOCKHOLDERS' DEFICIENCY
                                 (U.S. DOLLARS)

<TABLE>
<CAPTION>
                                                                            DEFICIT
                                                                           ACCUMULATED
                           COMMON       COMMON    ADDITIONAL  DURING THE      TOTAL
                            STOCK       STOCK      PAID-IN   DEVELOPMENT   STOCKHOLDERS'
                            NUMBER      AMOUNT     CAPITAL     STAGE       DEFICIENCY
-------------------------------------------------------------------------------------
<S>                         <C>          <C>      <C>       <C>        <C>
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
JUNE 30, 2001                          0         0          0     (11,895)       (11,895)
                          ----------------------------------------------------------------
BALANCE, JUNE 30, 2001        22,584,000   $22,584    $33,416   $(114,323)      $(58,323)
                          ================================================================
</TABLE>

                                        5


                              SAFE ID CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS
                                  (UNAUDITED)
                                 (U.S. DOLLARS)


                                                                PERIOD FROM
                                                                JUNE 27,1996
                                                                 (INCEPTION)
                             SIX MONTHS ENDED JUNE 30,                TO
                             2001               2000            JUNE 30, 2001
--------------------------------------------------------------------------------
OPERATING  ACTIVITIES

Net loss                    $(11,895)          $(23,710)            $(114,323)


  Adjustment to reconcile net loss
  to net cash used by 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            (1,141)            11,367                38,798
                          ----------------------------------------------------
  NET CASH USED IN
OPERATING ACTIVITIES         (13,036)            (6,743)              (44,525)
                          ----------------------------------------------------
FINANCING  ACTIVITIES
Advances from stockholders    18,644              6,000                25,977
Issuance of common stock           0                  0                25,000
                          ----------------------------------------------------
NET CASH PROVIDED BY
FINANCING ACTIVITIES          18,644              6,000                 0,977
                          ----------------------------------------------------
CASH INFLOW (OUTFLOW)          5,608               (743)                6,452
CASH, BEGINNING OF PERIOD        844              2,778                     0
                          ----------------------------------------------------
CASH, END OF PERIOD           $6,452             $2,035                $6,452
                          ====================================================

                                        6

                               SAFE ID CORPORATION
                          A DEVELOPMENT STAGE COMPANY)
                          NOTES 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 statements 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
June  30,  2001  and  December  31, 2000 and the  results of operations and cash
flows  for  the  six  months  ended  June  30,  2001  and  2000.  The results of
operations for the six months ended June 30, 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  and  still do, 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 fully, 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.

     We  have begun to make sales, even without the funding to enable us to make
a  full-scale launch. It is our hope that by starting our business operations we
can  become  more  attractive to potential investors. In our present posture, we
cannot  build  inventory,  but  must acquire products as we receive orders. With
proper  funding we could consummate favorable supply arrangements and triple our
profit  margins  enjoyed  at  present.

     It  is  apparent  that  our  cash  on hand is insufficient for any material
purpose,  other  than to fill orders as they come in, with relatively low volume
of sales. 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 only minimal  revenues
since  inception  January  27,  1996.  These  represent  our  first  sales.

                                        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

                                        9


                                   SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form 10-QSB Report for the Quarter ended June 30, 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:  August  15,  2001

                                       by

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

                                       10