<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,  2003

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

     For  the  transition  periodto


          Commission  File  Number     000-49833
                                       ---------

                             CELLWAY VENTURES, INC.
--------------------------------------------------------------------------------
          (Exact name of small Business Issuer as specified in its charter)

NEVADA                                                      52-2219285
------                                                   -------------------
(State  or  other  jurisdiction                           (IRS  Employer
of  incorporation  or  organization)                     Identification  No.)



375  NEWCASTLE  AVENUE
NANAIMO,  BRITISH  COLUMBIA,  CANADA                           V9R  5K4
------------------------------------                         -----------
(Address  of  principal  executive  offices)                 (Zip  Code)

Issuer's  telephone  number,  including  area code:          (250) 754-7294
                                                             ---------------

                                      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:  10,115,000 SHARES OF $0.001 PAR VALUE
COMMON  STOCK  OUTSTANDING  AS  OF  MAY  9,  2003.


Transitional  Small Business Disclosure Format (check one): Yes  [ ]   No  [X]



                                       1



<PAGE>



                         PART I - FINANCIAL INFORMATION


ITEM  1.          FINANCIAL  STATEMENTS.



                                       2



<PAGE>



                              CELLWAY VENTURES INC.
                          (A Development Stage Company)


                              FINANCIAL STATEMENTS


                                 MARCH 31, 2003
                                   (Unaudited)
                            (Stated in U.S. Dollars)



<PAGE>




                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                                  BALANCE SHEET
                                   (Unaudited)
                            (Stated in U.S. Dollars)


<TABLE>
<CAPTION>


                                            MARCH 31              DECEMBER 31
                                              2003                     2002
--------------------------------------------------------------------------------
<S>                                        <C>                   <C>

ASSETS

Current
    Cash                                    $   38,580            $   43,128
================================================================================
LIABILITIES

Current
    Accounts payable                        $      140            $      443
                                           -------------------------------------

SHAREHOLDER'S EQUITY

Share Capital
   Authorized:
     100,000,000 common shares,
     par value with $0.001
     per share

   Issued and outstanding:
     10,115,000 common shares at
     March 31, 2003 and
     December 31, 2002                          10,115                10,115

   Additional paid-in capital                   67,885                67,885

Deficit Accumulated During
The Development Stage                          (39,560)              (35,315)
                                           -------------------------------------

                                                38,440                42,685
                                           -------------------------------------
                                            $   38,580            $   43,128
================================================================================

</TABLE>



<PAGE>




                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                          STATEMENT OF LOSS AND DEFICIT
                                   (Unaudited)
                            (Stated in U.S. Dollars)


<TABLE>
<CAPTION>

--------------------------------------------------------------------------------
                                                                 INCEPTION
                                                                   AUGUST 17
                               THREE MONTHS ENDED                    1999 TO
                                    MARCH 31                         MARCH 31
                              2003            2002                     2003
--------------------------------------------------------------------------------
<S>                          <C>             <C>                  <C>

Expenses
   Domain registration        $       110       $        -           $     250
   Transfer agent                      50                -               1,335
   Professional fees                2,806              5,385            30,682
   Office and sundry                1,279                 72             2,543
   Website development                  -                -               4,750
                              --------------------------------------------------

Net Loss For The Period             4,245              5,457          $ 39,560
                                                                      ==========
Deficit Accumulated During
The Development Stage,
Beginning Of Period                35,315               7,497
                                   ---------------------------
Deficit Accumulated During
The Development Stage,
End Of Period                 $    39,560       $      12,954
================================================================================

Net Loss Per Share,
Basic and diluted             $      0.01       $      0.01
================================================================================

Weighted Average Number
Of Shares Outstanding          10,115,000          10,200,000
================================================================================


</TABLE>



<PAGE>




                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                             STATEMENT OF CASH FLOWS
                                   (Unaudited)
                            (Stated in U.S. Dollars)


<TABLE>
<CAPTION>


--------------------------------------------------------------------------------
                                                                    INCEPTION
                                                                    AUGUST 17
                               THREE MONTHS ENDED                    1999 TO
                                    MARCH 31                         MARCH 31
                              2003            2002                     2003
--------------------------------------------------------------------------------
<S>                          <C>             <C>                  <C>


Cash Flows From
Operating Activity
  Net loss for the period     $   (4,245)     $   (5,457)         $   (39,560)

Adjustments To Reconcile
Net Loss To Net Cash Used
By Operating Activity
  Change in
  accounts payable                  (303)              -                  140
                              --------------------------------------------------
                                  (4,548)         (5,457)             (39,420)
                              --------------------------------------------------
Cash Flows From
Financing Activity
  Share capital                        -           3,000               78,000
                              --------------------------------------------------
Increase (Decrease) In Cash       (4,548)         (2,457)              38,580

Cash, Beginning Of Period         43,128          64,643                    -
                              --------------------------------------------------

Cash, End Of Period           $   38,580      $   62,186          $    38,580
================================================================================

</TABLE>



<PAGE>




                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                        STATEMENT OF STOCKHOLDERS' EQUITY

                                 MARCH 31, 2003
                                   (Unaudited)
                            (Stated in U.S. Dollars)


<TABLE>
<CAPTION>


                                    COMMON STOCK
                        ----------------------------------
                                                  ADDITIONAL
                                                   PAID-IN
                        SHARES        AMOUNT       CAPITAL           DEFICIT         TOTAL
-------------------------------------------------------------------------------------------------
<S>                   <C>            <C>         <C>                 <C>             <C>
Shares issued for
cash at $0.001         5,000,000       $  5,000    $      -           $    -          $   5,000
Shares issued for
cash at $0.01          5,000,000          5,000         45,000             -             50,000
Net loss for
the period                    -              -            -              (2,116)         (2,116)
-------------------------------------------------------------------------------------------------

Balance,
December 31, 1999     10,000,000         10,000         45,000           (2,116)         52,884

Shares issued for
cash at $0.20            100,000            100         19,900             -             20,000
Net loss for
the year                      -              -            -              (8,176)         (8,176)
-------------------------------------------------------------------------------------------------


Balance,
December 31, 2000     10,100,000         10,100         64,900          (10,292)         64,708

Net loss for
the year                      -              -            -                (205)           (205)
-------------------------------------------------------------------------------------------------
Balance,
December 31, 2001     10,100,000         10,100         64,900          (10,497)         64,503

Shares issued for
cash at $0.20             15,000             15          2,985             -              3,000
Net loss for
the year                      -              -            -             (24,818)        (24,818)
-------------------------------------------------------------------------------------------------
Balance,
December 31, 2002     10,115,000         10,115         67,885          (35,315)         42,685

Net loss for
the period                     -             -            -              (4,245)         (4,245)
-------------------------------------------------------------------------------------------------
Balance,
March 31, 2003        10,115,000       $ 10,115    $    67,885        $ (39,560)      $  38,440
=================================================================================================

</TABLE>



<PAGE>



                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 MARCH 31, 2003
                                   (Unaudited)
                            (Stated in U.S. Dollars)



1.   BASIS  OF  PRESENTATION

     The  unaudited  financial  statements  as of March 31, 2003 included herein
     have  been  prepared without audit pursuant to the rules and regulations of
     the  Securities  and  Exchange Commission. Certain information and footnote
     disclosures  normally  included  in  financial  statements  prepared  in
     accordance  with  United  States  generally  accepted  principles have been
     condensed or omitted pursuant to such rules and regulations. In the opinion
     of  management,  all  adjustments (consisting of normal recurring accruals)
     considered  necessary  for  a  fair  presentation have been included. It is
     suggested  that  these financial statements be read in conjunction with the
     December  31,  2002  audited  financial  statements  and  notes  thereto.


2.   NATURE  OF  OPERATIONS

     a)   Organization

          The  Company was incorporated in the State of Nevada, U.S.A. on August
          17,  1999.

     b)   Development  Stage  Activities

          The  Company  plans to launch a free information Website to assist and
          attract  people  wanting  information  on  immigration  to Canada. The
          Company plans to use the Website to earn income from companies who are
          prepared  to  pay  to  have Web advertising in the form of a button or
          banners on the Website selling their products or services. The Company
          plans to solicit advertisers who are targeting sales of their products
          and  services  at  people  using  the  Company's  website.

          The  Company  is  in the development stage, therefore, recovery of its
          assets  is  dependent  upon  future  events,  the  outcome of which is
          indeterminable.  In  addition,  successful completion of the Company's
          development  program  and its transition, ultimately to the attainment
          of  profitable  operations  is  dependent  upon  obtaining  adequate
          financing  to fulfil its development activities and achieve a level of
          sales  adequate  to  support  its  cost  structure.



<PAGE>



                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 MARCH 31, 2003
                                   (Unaudited)
                            (Stated in U.S. Dollars)



2.   NATURE  OF  OPERATIONS  (Continued)

     c)   Going  Concern

          Since  inception,  the  Company  has suffered recurring losses and net
          cash  outflows  from  operations.  The  Company expects to continue to
          incur  substantial losses to complete the development of its business.
          Since  its inception, the Company has funded operations through common
          stock  issuances in order to meet its strategic objectives. Management
          believes  that  sufficient  funding  will  be  available  to  meet its
          business  objectives,  including  anticipated  cash  needs for working
          capital,  and  is  currently  evaluating  several  financing  options.
          However,  there  can  be no assurance that the Company will be able to
          obtain  sufficient  funds  to  continue  the  development  of  and, if
          successful, to commence the sale of its products under development. As
          a  result  of  the foregoing, there exists substantial doubt about the
          Company's  ability  to  continue  as  a going concern. These financial
          statements  do  not include any adjustments that might result from the
          outcome  of  this  uncertainty.


3.   SIGNIFICANT  ACCOUNTING  POLICIES

     The  financial  statements  of the Company have been prepared in accordance
     with generally accepted accounting principles in the United States. Because
     a  precise  determination  of many assets and liabilities is dependent upon
     future  events,  the  preparation  of  financial  statements  for  a period
     necessarily  involves  the  use  of  estimates  which  have been made using
     careful  judgement.

     The  financial  statements  have,  in  management's  opinion, been properly
     prepared  within  reasonable limits of materiality and within the framework
     of  the  significant  accounting  policies  summarized  below:

     a)   Development  Stage  Company

          The  Company is a developed stage company as defined in the Statements
          of  Financial  Accounting  Standards  No.  7.  The Company is devoting
          substantially  all  of its present efforts to establish a new business
          and  none  of  its  planned  principal  operations have commenced. All
          losses accumulated since inception have been considered as part of the
          Company's  development  stage  activities.

     b)   Use  of  Estimates

          The  preparation  of financial statements in conformity with generally
          accepted  accounting  principles 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  financial  statements, and the reported amounts of
          revenues  and  expenses for the reporting period. Actual results could
          differ  from  these  estimates.



<PAGE>



                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 MARCH 31, 2003
                                   (Unaudited)
                            (Stated in U.S. Dollars)



3.   SIGNIFICANT  ACCOUNTING  POLICIES  (Continued)

     c)   Software  Development  Costs

          Software  development costs prior to the application development stage
          are expensed as incurred. Once the application stage is reached, costs
          of  design,  configuration,  coding,  installation  and testing of the
          Company's  website  will  be  capitalized.  Upon implementation of the
          website,  the  asset  will  be amortized to expense over its estimated
          useful  life  of  three  years using the straight line method. Ongoing
          website post-implementation costs of operation, including training and
          application  maintenance,  will  be  charged  to  expense as incurred.

     d)   Income  Taxes

          The  Company  has  adopted Statement of Financial Accounting Standards
          No.  109  -  "Accounting  for  Income Taxes" (SFAS 109). This standard
          requires  the  use  of  an  asset and liability approach for financial
          accounting  and  reporting  on income taxes. If it is more likely than
          not  that  some  portion  or  all  if a deferred tax asset will not be
          realized,  a  valuation  allowance  is  recognized.

     e)   Financial  Instruments

          The  Company's  financial  instruments  consist  of  cash and accounts
          payable.

          Unless  otherwise  noted, it is management's opinion that this Company
          is  not  exposed  to significant interest or credit risks arising from
          these  financial  instruments.  The  fair  value  of  these  financial
          instruments approximate their carrying values, unless otherwise noted.

     f)   Foreign  Currency  Translation

          The  Company's functional currency is the U.S. dollar. Transactions in
          foreign  currencies  are  converted  to  U.S.  dollars  at the rate of
          exchange  prevailing  at  the time of the transactions. Exchange gains
          and  losses  arising  from  the  remeasurement  of  foreign
          currency-denominated  assets and liabilities are included in income in
          the  period  in  which  they  occur.



<PAGE>



                              CELLWAY VENTURES INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 MARCH 31, 2003
                                   (Unaudited)
                            (Stated in U.S. Dollars)



3.   SIGNIFICANT  ACCOUNTING  POLICIES  (Continued)

     g)   Basic  and  Diluted  Loss  Per  Share

          In accordance with SFAS No. 128 - "Earnings Per Share", the basic loss
          per  common share is computed by dividing net loss available to common
          stockholders  by  the  weighted  average  number  of  common  shares
          outstanding.  Diluted  loss  per  common  share is computed similar to
          basic  loss  per common share except that the denominator is increased
          to include the number of additional common shares that would have been
          outstanding  if the potential common shares had been issued and if the
          additional  common  shares  were  dilutive.  At December 31, 2002, the
          Company  has no stock equivalents that were anti-dilutive and excluded
          in  the  earnings  per  share  computation.





ITEM 2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION.

FORWARD-LOOKING  STATEMENTS

The information in this Quarterly Report on Form 10-QSB contains forward-looking
statements  within  the meaning of Section 27A of the Securities Act of 1933, as
amended,  and  Section  21E  of the Securities Exchange Act of 1934, as amended.
These  forward-looking  statements  involve  risks  and uncertainties, including
statements  regarding  Cellway's capital needs, business plans and expectations.
Forward-looking  statements  are  made,  without  limitation,  in  relation  to
operating  plans,  business  development,  availability  of  funds and operating
costs.  Any  statements  contained  herein that are not statements of historical
facts  may  be  deemed  to be forward-looking statements. In some cases, you can
identify  forward-looking  statements  by  terminology  such  as  "may", "will",
"should",  "expect",  "plan",  "intend",  "anticipate",  "believe",  "estimate",
"predict",  "potential"  or  "continue",  the  negative  of  such terms or other
comparable  terminology.  Actual  events  or  results  may differ materially. In
evaluating  these statements, you should consider various factors, including the
risks  outlined  below,  and,  from time to time, in other reports Cellway files
with  the  SEC,  including  Cellway's  Annual Report on Form 10-KSB for the year
ended  December  31,  2002.  These factors may cause Cellway's actual results to
differ  materially  from  any  forward-looking  statement. Cellway disclaims any
obligation  to  publicly  update  these  statements,  or disclose any difference
between  its  actual  results  and  those  reflected  in  these  statements. The
information  constitutes  forward-looking  statements  within the meaning of the
Private  Securities  Litigation  Reform  Act of 1995. Given these uncertainties,
readers  are  cautioned  not  to  place  undue  reliance on such forward-looking
statements.

OVERVIEW

Our  business  plan  is  to  develop  and  market a free immigration information
service  on  the Internet from our www.canadiancitizenship.com web site. We have
designed  our  web  site to provide information on the process of immigrating to
Canada  from foreign countries. Our target users are persons who are citizens of
foreign countries seeking to work in or immigrate to Canada. Our objective is to
become  a  leading  web  site for information on the process of immigrating into
Canada.

Our  web  site  is  currently  operational and we have initiated a marketing and
sales effort to earn revenues from our web site operations. We have not achieved
any  revenues  from our web site or from any other business activity to date. We
plan  to  earn  revenues  from  sales  of advertising as a result of our planned
marketing  and  sales  activities.  We  plan to solicit advertisers whose target
market  includes  persons who are interested in immigrating to Canada. While our
web  site  is  operational,  we  plan  to  continue development work in order to
enhance  the  features  and  content  offered  on our web site. In view of these
factors,  our  business  operations  are  in  a  start-up  phase.

PLAN  OF  OPERATIONS

Our  plan  of operations for the next twelve months is to complete the following
objectives  within  the  time  period  specified:

(1)  We  plan  to undertake an advertising and marketing campaign as the initial
     development  of  our  web site is complete. These marketing activities will
     include telemarketing of our web site using a telemarketing service that we
     have  engaged.  These advertising and marketing activities commenced in our
     second  quarter  of  2003.  We  anticipate that the cost of these marketing
     expenses  over  the  next  twelve  months  will  be  approximately $10,000.

(2)  We  anticipate  spending  approximately  $22,000  on  ongoing operating and
     administrative  expenses. We anticipate that the monthly operating costs of
     our  Web  site  will  be  approximately  $500 per month. We also anticipate
     spending  approximately  $500  per month on maintaining the accuracy of the
     immigration  information  on  our  web  site.  In  addition,  we anticipate
     spending  approximately  $10,000  on legal and accounting professional fees
     that  we  incur  in  filing  a



                                       12



<PAGE>


     registration  statement  under  the  Securities  Exchange  Act  of 1934 and
     complying  with ongoing reporting obligations under the Securities Exchange
     Act  of  1934.

We  therefore anticipate that we will be spending approximately $32,000 over the
next  twelve-month period pursuing this plan of operations. Of these anticipated
expenditures, we anticipate that $16,000 will be spent on our plan of operations
in  the  next six months. Our cash position was $38,580 as of March 31, 2003 and
we  had  working  capital  of  $38,440  as  of  March  31,  2003.

RESULTS  OF  OPERATIONS

We did not earn any revenues during the three months ended March 31, 2003 or the
three  months  ended March 31, 2002. We do not anticipate earning revenues until
such  time  as  we are able to achieve sales of advertising for our web site. We
have  commenced  marketing  activities  to sell advertising for our web site. We
anticipate sales of advertising to begin in our second quarter, however there is
no  assurance that the amount of revenues generated will exceed our costs during
our  second  quarter.  We  continue  to  be  in our development stage and we can
provide  no  assurance that we will be able to earn sufficient revenues from our
web  site  to  achieve  profitability.

We  incurred  operating  expenses  in  the amount of $4,245 for the three months
ended March 31, 2003, compared to operating expenses in the amount of $5,457 for
the  three  months  ended March 31, 2002. The decrease in our operating expenses
resulted  from  a  decrease  in professional fees to $2,806 for the three months
ended  March 31, 2003 from $5,385 for the three months ended March 31, 2002. The
decrease  is  reflective of the fact that we were engaged in the preparation and
filing  of  a registration statement with the Securities and Exchange Commission
under the Securities Exchange Act of 1934 during the first quarter of 2002. This
registration  statement  has been completed. Ongoing professional fees represent
legal and accounting fees in connection with our reporting obligations under the
Securities  Exchange  Act  of  1934. Our office and sundry expenses increased to
$1,279  for  the three months ended March 31, 2003 from $72 for the three months
ended  March  31,  2002.  Office  and sundry expenses were comprised of expenses
associated  with the operation of our web site and the commencement of marketing
activities  to  attract  advertising revenues for our web site. We did not incur
any  web  site development expenses during the three months ended March 31, 2003
as  our  web  site  is  now  operational.

We  incurred  a  loss  of $4,245 for the three months ended March 31, 2003 and a
loss  of  $5,457  for the three months ended March 31, 2002. Our net losses were
attributable  entirely  to  our  operating  expenses.

We  anticipate  continuing  operating  losses in the foreseeable future. We base
this  expectation  in  part on the fact that we will incur substantial operating
expenses  in  completing  our  stated plan of operations before we will have the
opportunity  to  earn  revenues. Our future financial results are also uncertain
due to a number of factors, many of which are outside our control. These factors
include,  but  are  not  limited  to:

(1)  our  ability  to  develop  a commercially marketable Internet web site with
     information  and  features sought by Internet users desiring information on
     immigration  to  Canada;
(2)  our  ability  to  successfully  market our web site to our potential users;
(3)  our  ability  to  successfully  market  our web site to advertisers who are
     prepared  to  pay  for  advertising  on  our  site;
(4)  the  introduction  of  competing  web  sites.

FINANCIAL  CONDITION  AND  LIQUIDITY

We  had  cash of $38,580 as of March 31, 2003, compared to cash of $43,128 as of
December  31,  2002.  We  had  working  capital of $38,440 as of March 31, 2003,
compared  to  working  capital  of  $42,685  as  of March 31, 2002. Our accounts
payable  decreased  to  $140  as  of March 31, 2003 from $443 as of December 31,
2002.



                                       13



<PAGE>



As  discussed  above  under  Plan  of  Operations, we anticipate that we will be
spending  approximately  $32,000 over the next twelve-month period pursuing this
plan  of  operations.  Of  these  anticipated  expenditures,  we anticipate that
$16,000  will  be  spent  on  our  plan  of  operations  in the next six months.

We  anticipate  that  our present cash reserves are sufficient for us to sustain
our  business  operations  without additional financing for approximately twelve
months.  We  anticipate  that  we  may  require additional financing in order to
pursue our business plan if: (a) the costs of implementing our business plan are
greater  than  anticipated;  or  (b)  we  are unsuccessful in earning sufficient
revenues  after  commencement  of  operations  in  order  to  sustain  continued
operations.  We  anticipate  that  if  we  pursue  any additional financing, the
financing  would  be an equity financing achieved through the sale of our common
stock. We do not have any arrangement in place for any debt or equity financing.
If  we  are  successful in completing an equity financing, existing shareholders
will  experience  dilution of their interest in our company. In the event we are
not successful in obtaining such financing when necessary, we may not be able to
proceed  with  our  business  plan.


ITEM  3.     CONTROLS  AND  PROCEDURES.

As  required  by  Rule  13a-15  under  the  Securities Exchange Act of 1934 (the
"Exchange Act"), we carried out an evaluation of the effectiveness of the design
and operation of our disclosure controls and procedures within the 90 days prior
to  the  filing  date  of this report. This evaluation was carried out under the
supervision  and with the participation of our Chief Executive Officer and Chief
Financial  Officer,  Mr.  Jack  Morgan.  Based  upon  that evaluation, our Chief
Executive  Officer  and  Chief  Financial  Officer concluded that our disclosure
controls  and procedures are effective in timely alerting management to material
information  relating to us required to be included in our periodic SEC filings.
There  have  been  no  significant  changes in our internal controls or in other
factors that could significantly affect internal controls subsequent to the date
we  carried  out  our  evaluation.

Disclosure  controls  and  procedures are controls and other procedures that are
designed  to  ensure that information required to be disclosed our reports filed
or  submitted  under  the  Exchange  Act  is recorded, processed, summarized and
reported,  within  the  time  periods  specified  in the Securities and Exchange
Commission's  rules  and  forms.  Disclosure  controls  and  procedures include,
without  limitation, controls and procedures designed to ensure that information
required  to  be  disclosed  in  our  reports  filed  under  the Exchange Act is
accumulated  and  communicated  to  management,  including  our  Chief Executive
Officer  and  Chief  Financial  Officer,  to  allow  timely  decisions regarding
required  disclosure.



                                       14



<PAGE>



                           PART II--OTHER INFORMATION

ITEM 1.  LEGAL  PROCEEDINGS

We  are  not  a party to any material legal proceedings and to our knowledge, no
such  proceedings  are  threatened  or  contemplated.


ITEM 2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

We did not complete any unregistered sales of our common stock during our fiscal
quarter  ended  March  31,  2003.


ITEM 3.  DEFAULTS  UPON  SENIOR  SECURITIES

None.


ITEM 4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

No  matters  were submitted to our security holders for a vote during the fiscal
quarter  ended  March  31,  2003.


ITEM 5.  OTHER  INFORMATION.

None.


ITEM 6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

EXHIBITS  REQUIRED  BY  ITEM  601  OF  FORM  8-K


EXHIBIT NUMBER                              DESCRIPTION OF EXHIBIT
--------------------------------------------------------------------------------
    99.1                        Certification  of  Chief  Executive Officer and
                                Chief Financial Officer  pursuant  to  pursuant
                                to 18 U.S.C. Section 1350, as adopted pursuant
                                to Section  906  of  the  Sarbanes-Oxley  Act
                                of  2002  (1)
--------------------------------------------------------------------------------

     (1)  Filed  as  an  Exhibit  to  this  Quarterly  Report  on  Form  10-QSB
--------------------------------------------------------------------------------

REPORTS  ON  FORM  8-K

We  did not file any Current Reports on Form 8-K during the fiscal quarter ended
March 31, 2003 and we have not filed any Current Reports on Form 8-K since March
31,  2003.



                                       15



<PAGE>



                                   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  authorised.

                                             CELLWAY  VENTURES,  INC.
Date:     MAY  12,  2003


                                             By:    /s/  JACK  MORGAN
                                                    -------------------
                                                    JACK  MORGAN
                                                    PRESIDENT,
                                                    CHIEF  EXECUTIVE  OFFICER,
                                                    CHIEF  FINANCIAL  OFFICER
                                                    AND  DIRECTOR



                                       16



<PAGE>



                                 CERTIFICATIONS

I,  JACK  MORGAN, Chief Executive Officer and Chief Financial Officer of Cellway
Ventures,  Inc.  (the  "Registrant"),  certify  that;

(1)  I  have  reviewed  this quarterly report on Form10-QSB of Cellway Ventures,
     Inc.;

(2)  Based  on  my  knowledge, this quarterly report does not contain any untrue
     statement  of a material fact or omit to state a material fact necessary to
     make  the  statements  made, in light of the circumstances under which such
     statements  were made, not misleading with respect to the period covered by
     this  quarterly  report;

(3)  Based  on  my  knowledge,  the  financial  statements,  and other financial
     information  included  in  this  quarterly  report,  fairly  present in all
     material  respects  the financial condition, results of operations and cash
     flows  of  the  registrant  as  of,  and for, the periods presented in this
     quarterly  report.

(4)  The  registrant's  other  certifying  officers  and  I  are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in  Exchange  Act  Rules  13a-14  and  15d-14) for the registrant and have:

     a)   designed  such  disclosure  controls  and  procedures  to  ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

     b)   evaluated  the  effectiveness  of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this  quarterly  report  (the  "Evaluation  Date");  and

     c)   presented  in  this  quarterly  report  our  conclusions  about  the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

(5)  The  registrant's  other certifying officers and I have disclosed, based on
     our  most  recent  evaluation,  to  the registrant's auditors and the audit
     committee  of  registrant's  board  of directors (or persons performing the
     equivalent  functions):

     a)   all  significant  deficiencies  in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process,  summarize  and  report  financial  data  and  have
          identified  for  the  registrant's auditors any material weaknesses in
          internal  controls;  and

     b)   any  fraud, whether or not material, that involves management or other
          employees  who  have  a  significant role in the registrant's internal
          controls;  and

(6)  The  registrant's  other  certifying  officers and I have indicated in this
     quarterly  report whether or not there were significant changes in internal
     controls  or  in  other  facts  that  could  significantly  affect internal
     controls  subsequent  to  the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.




Date:   May  12,  2003                /s/  JACK  MORGAN
                                     ----------------------------------------
                                     (Signature)


                                     PRESIDENT  AND  CHIEF  EXECUTIVE  OFFICER
                                     TREASURER  AND  CHIEF  FINANCIAL  OFFICER
                                     -----------------------------------------
                                     (Title)