SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549


                                   FORM 10QSB


                  Quarterly Report under Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                               CIK NO.: 0001107384

For Quarter Ended                                        Commission File Number
June 30, 2000                                            000-31189


                             TRIAD INNOVATIONS, INC.
             (Exact name of registrant as specified in its charter)



   Nevada                                           93-0863198
   ------                                           ----------
   (State of incorporation)                         (I.R.S. Employer
                                                    Identification No.)

800 North Rainbow Boulevard, Suite #208, Las Vegas, NV  89107
-------------------------------------------------------------
(Address of principal executive offices)             (Postal Code)

Registrant's telephone number, including area code:  (702) 948-5007
                                                     --------------

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 the  filing
requirements for at least the past 90 days.

                             Yes   X        No
                                 -----        -----

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

                         14,235,000 as of June 30, 2000

<PAGE>
<TABLE>
<CAPTION>


                                     Triad Innovations, Inc.
                                  (A Development Stage Company)
                                   Consolidated Balance Sheets

                                     ASSETS
<S>                                                               <C>                    <C>
                                                                             June 30,              June 30,
                                                                           2000       1999

Current Assets
     Cash                                                          $            24,551    $           1,898
     Prepaid expenses                                                           22,511                 -
                                                                   -------------------    -----------------
     Total                                                                      47,062                1,898

Property, Plant & Equipment (Net)                                                  915                2,305

Other Assets
     Patents                                                                    28,719               23,342
                                                                   -------------------    -----------------
                                                                   $            76,697    $          27,545
                                                                   ===================    =================

                                        LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
     Accounts payable                                              $            68,950    $          39,577
     Short term debt-related party                                             525,481                    -
                                                                   -------------------    -----------------
     Total                                                                     594,431               39,577

Stockholders' Equity
     Common stock, 25,000,000 authorized
        $.001 par value, 14,843,000 and 14,235,000
        shares outstanding, respectively                                        14,843               14,235
     Additional paid in capital                                              7,566,553            7,286,536
     Retained deficit accumulated during
        development stage                                                   (8,099,130)          (7,312,804)
                                                                   -------------------    -----------------
                                                                              (517,734)            ( 12,032)
                                                                   -------------------    -----------------
                                                                   $            76,697    $          27,545
                                                                   ===================    =================

</TABLE>

                            See accompanying notes.

                                      F-1

<PAGE>
<TABLE>
<CAPTION>


                                               Triad Innovations, Inc.
                                            (A Development Stage Company)
                                        Consolidated Statements of Operations

<S>                                 <C>                <C>              <C>             <C>             <C>
                                                  For the Three                  For the Six               For the 12
                                                  Months Ended                   Months ended              Months Ended
                                                  June 30,                       June 30,                  December 31,
                                         2000                 1999           2000          1999              1999
                                      -----------         ----------       --------       --------          --------

Revenue                              $          -       $        -       $        -      $         -      $        -

Expenses
   General & administrative                   88,981           12,024          247,959         17,094          552,571
   Depreciation                                  228              228              457            457              933
   Oil & Gas leases                             -                -                -                 -            1,500
                                     ---------------    -------------    ---------------   ------------   -------------

Total Expenses                                89,209           12,252          248,416         17,551          555,004
                                     ---------------          -------    -------------     ------------        -------

Net profit (loss) Operations                 (89,209)         (12,252)        (248,416)      ( 17,551)       ( 555,004)
                                      ---------------    -------------    -------------     ----------    -------------

Income Tax                                      -                -                -                -               -

Net Loss                                     (89,209)         (12,252)   $    (248,416)  $   ( 17,551)     $(  555,004)
                                      ===============    =============    =============   ==============    ===========

Net Loss Per Common Share            $          (.01)   $        -       $        (.02)  $          -    $      (.042)
                                       ==============     ============    =============   =============    ============

Average Shares Outstanding                14,843,000       14,537,000       14,843,000     14,437,000      14,365,000
                                     ===============    =============    =============   ==============    ===========

</TABLE>

                            See accompanying notes.

                                      F-2

<PAGE>
<TABLE>
<CAPTION>


                             Triad Innovations, Inc.
                          (A Development State Company)
                      Consolidated Statement of Cash Flows

<S>                            <C>            <C>          <C>          <C>            <C>

                                    For the Three                       For the Six            For the 12
                                    Months Ended                        Months Ended           Months Ended
                                       June 30                          June 30                December 31
                                    2000         1999           2000          1999                 1999
                                    ------------------------------------------------------------------------

Cash Flow Provided (Used) by
      Operations
Net (Loss)                      $   (89,209)   $  (12,252)  $ (248,416)  $ 17,551)      $( 555,004)
Depreciation                            228           228          457        457              933
Decrease/Increase in
  Prepaid Expenses
  Accounts Payable                   88,173       (18,000)     144,121    (36,185)         281,583
  Expenses paid by others                                                                    1,657
  Expenses paid by stock                  -             -            -          -           30,000
                                   ------------------------------------------------------------------------

Cash Flow Provided (Used) by
Investing Activities
      Cash paid for patents                                                                 (5,378)
                                    -----------------------------------------------------------------------
                                                                                            (5,378)

Cash Flow Provided (Used) by
     Financing Activities
           Related party loans       25,000        19,960      128,000     55,000           70,453
           Stock sales                                 40                                  175,968
                                    -----------------------------------------------------------------------

Overall Increase (Decrease) cash     24,192       (10,024)      24,162      1,721              212
--------------------------------

Beginning Cash Balance                  359        11,922          389        177              177
                                    -----------------------------------------------------------------------

Ending Cash Balance                $ 24,551     $   1,898     $ 24,551    $ 1,898        $     389
                                    =======================================================================

</TABLE>


                            See accompanying notes.

                                      F-3


<PAGE>
<TABLE>
<CAPTION>


                                     Triad Innovations, Inc.
                                  (A Development State Company)
                         Consolidated Statement of Stockholders' Equity

<S>                             <C>                <C>        <C>               <C>
                                    Common Stock               Additional       Retained
                                    Shares            Par      Paid In          Deficit
                                                               Capital          Accumulated

Balance December 31, 1999        14,536,306         14,536     7,438,859         (7,850,714)

Shares Issued for Debt                6,000              6         2,994
 3-31-2000

Shares Issued for Services          300,000            300        99,700
3-31-2000

Option Purchase
June 30, 2000                                                     25,000

Net Loss, June 30, 2000                                                            (248,416)
                                ----------------------------------------------------------------

Balance June 30, 2000            14,536,306         14,843     7,566,553         (8,099,130)
                                ================================================================

</TABLE>


                             See accompanying notes

                                      F-4

<PAGE>


                             Triad Innovations, Inc.
                 Notes to the Consolidated Financial Statements


NOTE 1 - Background and History

                  Triad     Innovations,     Inc.     (formerly     Saker    One
         Corporation)(Triad)  was created on  December  23, 1981 in the State of
         Utah. Over the years, Triad has engaged in various enterprises, none of
         which  have  been  successful.  In  1998,  Triad  acquired  all  of the
         outstanding stock of Triad Compressor, Inc. a Texas corporation,  which
         owned  100% of the  outstanding  stock of Fuge  Systems,  Inc,  a Texas
         corporation.  In 1998,  Triad created,  and later merged with, a Nevada
         subsidiary.

                  Triad  Compressor  (Compressor)  was organized on February 20,
         1996 as a wholly owned subsidiary of Intelligent  Design Systems,  Inc.
         (IDS). Compressor became a separately owned company when IDS declared a
         dividend and distributed  Compressor stock to IDS  stockholders.  Triad
         then  acquired all the  outstanding  stock from IDS  stockholders  at a
         special stockholders meeting on December 21, 1998.

                  Fuge Systems,  Inc. was created on October 4, 1995 as a wholly
         owned  subsidiary of IDS, which was then spun off as a wholly owned sub
         -sidiary of Compressor in November 1998.

                  Together, all three corporations,  Triad, Compressor and Fuge,
         constitute a consolidated  group of corporations  known as the Company.
         All  intercompany   accounts  and  financial   transactions  have  been
         eliminated.

                  The primary  asset of  Compressor  is a compressor  that is an
         engine  device that is  intended to be operated  using a mix of gaseous
         fuel such as natural gas that can be used in the gas industry and other
         applications.  In 1999,  the  Company  abandoned  all  research  on the
         compressor  and all costs of acquiring a patent on the process has been
         written off.

                  The primary  asset of Fuge is a gas  centrifuge  for  multiple
         applications in the oil and gas industry.

                  Both  products  are  still in the  development  stage  and all
         expenses  related to the  research  and  development  are  expensed  as
         incurred. Neither product has reached the commercially viable state and
         while  all  activities  are  directed  to  that  end,  the  Company  is
         considered to be a development stage company and all financial activity
         of that stage is reported since inception as defined by SFAS #7

NOTE 2 - Property, Plant and Equipment

                  In 1996,  the parent company of Triad  Compressor  contributed
         various  office and computer  equipment for its  operations  ($8,269 in
         original cost).



<PAGE>



                             Triad Innovations, Inc.
                 Notes to the Consolidated Financial Statements


NOTE 2 - Property, Plant and Equipment (continued)

                  The Company capitalizes all purchases with an estimated useful
         life beyond the year of purchase and capitalizes any expenditures which
         extends the life of existing  equipment.  Office and Computer Equipment
         is being  depreciated  over five  years at a double  declining  balance
         method. Office and computer equipment consists of the following:

                                                              December 31,
                                                                2000
              Office and Computer Equipment               $       8,269
              Less: Accumulated Depreciation                     (7,354)
                                                          --------------
                                                          $         905
                                                          ==============

                  Depreciation expense for 1999 was $933.

NOTE 3 - Use of Estimates in Financial Statements

                  The  preparation  of financial  statements in conformity  with
         generally accepted  accounting  principles  requires management to make
         estimates and assumptions  that affect  reported  amounts of assets and
         liabilities,  disclosure of contingent  assets and  liabilities  at the
         date of the financial  statements and revenues and expenses  during the
         reporting period. In these financial statements,  assets,  liabilities,
         revenues  and  expenses  involve  reliance on  management's  estimates.
         Actual results could differ from those estimates.

NOTE 4 - Short Term Debt - Related Party Transactions

                  During  the  current  period  ended  June  30,  2000,  certain
         officers  and/or  directors  of the Company  made cash  advances to the
         Company,  paid amounts to third parties on behalf of the Company or has
         accrued salaries and benefits.  The amounts owing to these  individuals
         at June 30, 2000 were:
                  Jim La Porte - President & Board of Directors      $  196,343
                  Scott Brossier - CFO & Board of Directors          $  112,096
                  Mike Bloom - Exec. V.P. & Board of Directors       $  175,315
                  Houston Wood - Board of Directors                  $        -
                  Natural Resources Limited Company                  $   30,250

                  In addition,  Houston Wood and Alan Propp were granted  50,000
         options each at $5.00 per share for services to the board of directors.
         Alan Propp is also paid $400 per day for each day he performs  services
         for the Company.  Houston Wood was issued 25,000 shares valued at $0.50
         per share for services to the board of directors.


<PAGE>


                             Triad Innovations, Inc.
                 Notes to the Consolidated Financial Statements

NOTE 5 - Income Taxes

                  The Company adopted  Statement of Financial  Standards No. 109
         "Accounting for  Income taxes"  in the fiscal  year ended  December 31,
         1998 which was applied retroactively.

                  Statement  of  Financial   Accounting   Standards  No.  109  "
         Accounting for Income Taxes"  requires an asset and liability  approach
         for financial  accounting  and reporting for income tax purposes.  This
         statement  recognizes (a) the amount of taxes payable or refundable for
         the current year and (b) deferred tax liabilities and assets for future
         tax  consequences  of events that have been recognized in the financial
         statements or tax returns.

                  Deferred income taxes result from temporary differences in the
         recognition of accounting  transactions for tax and financial reporting
         purposes.  There were no temporary differences at December 31, 1999 and
         earlier  years;  accordingly,  no deferred  tax  liabilities  have been
         recognized for all years.

                  The Company has cumulative net operating loss carryforwards of
         over  $7,800,000  at December 31, 1999. No effect has been shown in the
         financial  statements for the net operating loss  carryforwards  as the
         likelihood  of  future  tax  benefit  from  such  net  operating   loss
         carryforwards  is highly  improbable.  Accordingly,  the  potential tax
         benefits of the net operating loss carryforwards,  estimated based upon
         current  tax rates at  December  31,  1998 and 1999 have been offset by
         valuation reserves of the same amount. Minimum state taxes were accrued
         through 1997. No state taxes were owed in 1998 and 1999.

NOTE 6 - Patent

                  In 1996, 1997 and 1998, the former parent corporation of Triad
         Compressor  expended  funds for the patent  research,  legal and filing
         fees for the compressor and centrifuge  being developed by the Company.
         Once the  patents  are  issued,  the costs will be  amortized  over the
         estimated  useful  and  commercial  life  of the  products.  All  costs
         incurred for the patent were contributed to the respective subsidiaries
         before  the  spinoff  to  the  shareholders  of  Triad  Compressor  and
         subsequent  acquisition  by the new parent  corporation.  In 1999,  the
         Company  abandoned  the  compressor  development  and all patent  costs
         attributed  to the  compressor  were written  off. U. S. Patent  Number
         5,902,224 relating to the centrifuge was issued on May 11, 1999.

NOTE 7 - Research and Development Costs

                  In 2000  the  Company  expended  funds  for the  research  and
         development  costs of the  centrifuge  being  developed by the Company.
         Research and development costs incurred were $40,000.

NOTE 8 - Cash and Cash Equivalents

                  The  Company  considers  all highly  liquid  investments  with
         original maturities of three months or less to be cash equivalents.


<PAGE>


                             Triad Innovations, Inc.
                 Notes to the Consolidated Financial Statements

NOTE 9 - Options

                  Stock Option  Plans - The Company has awarded  options for the
purchase of common stock to the following individuals:

                - 300,000 shares to Stancil at $2.00 per share, granted in 2000.

                - 50,000 restricted shares each to two directors for $5.00 per
                share.  The options expire on January 25, 2001 (provisions for
                cancellation upon removal or resignation).

                - 40,800  restricted  shares  to two  board of  directors  for
                advances  to the  Company in the amount of $20,400 at $.50 per
                share.  The  options  are  exercisable  at anytime and have no
                expiration date.

          A summary of stock option are as follows:

    Options:                                                    2000
                                                    ----------------------------
                                                                     Weighted
                                                          Number     Average
                                                                     Of Exercise
                                                          Shares     Price
                                                         --------   ------------

           Outstanding at beginning of year              196,000  $        2.75
           Granted                                     1,216,668            .68
           Exercised                                      52,500            .35
           Canceled                                         -     -
                                                    ---------------------------
           Outstanding at end of year                  1,360,168  $         .99
                                                    ============  =============
           Exercisable at end of year                  1,360,168            .99
                                                    ===========================

                  As  permitted  by  SFAS  #123   "Accounting   for  Stock-Based
         Compensation,"  the Company has elected to account for the stock option
         plans  under  APB #25  "Accounting  for  Stock  Issued  to  Employees."
         Accordingly,  no compensation  cost has been recognized for these plans
         when options were issued at equal to or more than fair market value.

                  In addition,  after January 1, 2000,  three  officers have the
         option of  converting  $229,167 in unpaid base  compensation  to common
         stock at $0.25 per share.

NOTE 10 - Earnings Per Share / Average Outstanding Shares

    The computation of earnings (loss) per share of common stock is based on the
    weighted  average number of shares  outstanding at the date of the financial
    statements.  Basic and diluted earnings per share  calculations are the same
    since any  calculation  of additional  outstanding  shares from  exercisable
    stock options (1,112,668) would be anti-dilutive.


<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

RESULTS OF  OPERATIONS  FOR THE QUARTER ENDED JUNE 30, 2000 COMPARED TO THE SAME
PERIOD IN 1999.

The Company had no revenue in the quarter in 2000 or 1999. The Company  incurred
expenses of $88,981 in the quarter in 2000 compared to $12,024 in the quarter in
1999. The increased  administrative  expenses in 2000 produced an ($89,209) loss
for the quarter  compared to a loss for the same  quarter in 1999 of  ($12,252).
Loss per share was ($.01) in 2000 and nominal in 1999 for the quarter.

RESULTS OF OPERATIONS FOR SIX MONTHS ENDED JUNE 30, 2000 COMPARED TO SAME PERIOD
IN 1999

The Company had no revenues in the period in 2000 or 1999. The Company  incurred
$248,416  in  expenses  in the  period in 2000  compared  to $17,094 in the same
period in 1999.  The  increased  expenses are due to general and  administrative
costs  including  salaries  and  compensation  expense.  The  Company's  loss on
operations  was ($248,416) in the six month period in 2000 compared to ($17,551)
in the same period in 1999.

The loss per share was ($.02) in the period in 2000  compared  to nominal in the
period in 1999.  The Company  expects the trend of losses to continue  until the
Company is able to generate revenues from its products in the design stage, if a
marketable product is ever developed


LIQUIDITY AND CAPITAL RESOURCES

The Company had $24,551 in cash capital and $22,511 in prepaid  expenses at June
30,  2000.  Total  current  assets at June 30,  2000 were  $47,062  and  current
liabilities  totaled  $594,431 for a deficit of  ($547,369).  The Company has no
other  capital  resources  other than its common  shares.  The Company will need
loans or private placements of stock to provide funds for continuing operations.


<PAGE>




                           PART II - OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS

            None

ITEM 2.     CHANGES IN SECURITIES

            None

ITEM 3.     DEFAULT UPON SENIOR SECURITIES

            None

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

            None

ITEM 5.     OTHER INFORMATION

            None.

ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K

            None


<PAGE>




                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                               TRIAD INNOVATIONS, INC.



Date:  February 26, 2001                       /s/ Janis Monroe
                                               ---------------------------------
                                               Janis Monroe, CEO