United States
                       Securities and Exchange Commission
                            Washington, D. C. 20549

                                   Form 10-QSB

                                    (Mark One)
               [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                   OF THE SECURITIES ACT OF 1934

                   For the quarterly period ended September 30, 2001
                                                  ------------------

                                       OR

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

                         Commission File Number 0-27520


                             SDC International, Inc.
         ------------------------------------------------------
         (Exact name of registrant as specified in its charter)

           Delaware                                           75-2583767
-------------------------------                           --------------------
(State or other jurisdiction of                            (I.R.S. Employer
 incorporation or organization)                           Identification No.)

  777 S. Flagler   Suite 800W
     W. Palm Beach, Florida                                          33401
----------------------------------------                          ----------
(Address of principal executive offices)                          (Zip code)

               Issuer's telephone number:   (561) 882-9300

       Securities registered under Section 12(b) of the Act:     None


          Securities registered under Section 12(g) of the Act:

                      Common Stock, Par value $0.001
                      ------------------------------
                             (Title of class)

Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 5(d) of the Securities Exchange Act of  1934 during the past 12
months (or for such shorter period that registration was required to file
such reports), and (2) has been subject to such filing requirements for the
past 90 days.

                   Yes [X]                     No [ ]

           APPLICABLE ONLY TO CORPORATE ISSUERS INVOLVED IN
         BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court.

                   Yes  [ ]                    No  [ ]

                   APPLICABLE ONLY TO CORPORATE ISSUERS


Common stock, par value $.001 per share: 14,636,500 shares outstanding as of
September 30, 2001.

Preferred stock, par value $.001 per share: no shares outstanding as of
September 30, 2001


<PAGE>

               SDC INTERNATIONAL, INC. and SUBSIDIARY INDEX

ITEM 1 - FINANCIAL STATEMENTS

Condensed Balance Sheet (Unaudited) September 30, 2001                 F-1

Condensed Statements of Operations
(Unaudited) for the three and nine months ended
September 30, 2001 and September 30, 2000                              F-2

Condensed Statements of Stockholders' Deficiency
(Unaudited) for the nine months ended September30, 2001                F-3

Condensed Statements of Cash Flows (Unaudited) for the
nine months ended September 30, 2001 and September 30, 2000            F-6

Notes to Condensed Financial Statements                             F-7 - F-8

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF
         FINANCIAL CONDITION AND RESULTS OF OPERATIONS                  8

PART II - OTHER INFORMATION                                             12

SIGNATURES                                                              13


<PAGE>    2


SDC INTERNATIONAL, INC.

Condensed Balance Sheet (Unaudited)
-----------------------------------
                                                          September 30,
                                                              2001
                                                          -------------
ASSETS
Current assets:
  Cash                                                    $     529,791
  Inventory                                                      10,906
                                                          -------------
     Total current assets                                       540,697

Machinery and equipment, net                                      2,353
                                                          -------------
                                                          $     543,050
                                                          =============
LIABILITIES
Current liabilities:
  Accounts payable and accrued expenses                   $     117,747
  Due to related parties, including
  accrued interest of $156,575                                1,206,575
                                                          -------------
     Total current liabilities                                1,324,322
                                                          -------------
Commitments

STOCKHOLDERS' DEFICIENCY
Preferred stock $.001 par value, 25,000,000
  shares authorized, none issued and outstanding
Common stock $.001 par value, 25,000,000 shares
  authorized, 14,636,500 shares issued and
  outstanding                                                    14,636
Additional paid-in capital                                   20,312,112
Accumulated deficit                                         (21,108,020)
                                                          -------------
                                                               (781,272)
                                                          -------------
                                                          $     543,050
                                                          =============


See notes to financial statements                                       F-1


<PAGE>


SDC INTERNATIONAL, INC.

Condensed Statements of Operations (Unaudited)
----------------------------------------------

<TABLE>
<CAPTION>

                                                  Three Months     Three Months     Nine Months      Nine Months
                                                     Ended             Ended           Ended            Ended
                                                  September 30,    September 30,    September 30,    September 30,
                                                     2001              2000              2001            2000
                                                  -------------    -------------    -------------    ------------
<S>                                               <C>              <C>              <C>              <C>
Sales                                                                                                $     70,240
Cost of sales                                                                                              67,078
                                                                                                     ------------
Gross profit                                                                                                3,162
                                                                                                     ------------
Expenses:
  Selling, general and administrative,
    including $750,858; $105,703;
    $1,506,723 and $105,703 paid by
    issuance of stock, respectively               $   1,199,054    $     381,601    $   2,699,608   $     981,701
                                                  -------------    -------------    -------------    ------------
Loss from operations before interest
  expense                                            (1,199,054)        (381,601)      (2,699,608)       (978,539)

Interest expense including amortization
  of debt discount and amounts paid
  by issuance of common stock                           (63,779)         (61,424)        (173,810)       (515,098)
                                                  -------------    -------------    -------------    ------------

Loss from continuing operations                      (1,262,833)        (443,025)      (2,873,418)     (1,493,637)
  Loss on sale of discontinued subsidiary               (51,722)                          (51,722)
  Loss from operations of discontinued
    subsidiary                                                                                            (24,416)
                                                  -------------    -------------    -------------    ------------
Net loss                                          $  (1,314,555)   $    (443,025)   $  (2,925,140)   $ (1,518,053)
                                                  =============    =============    =============    ============
Net loss per share - Basic and diluted:
   Loss from continuing operations                $       (0.09)   $       (0.05)   $       (0.23)   $      (0.17)
   Loss from operations of discontinued
     subsidiary                                                                               Nil
                                                  -------------    -------------    -------------    ------------
   Net loss                                       $       (0.09)   $       (0.05)   $       (0.23)   $      (0.17)
                                                  =============    =============    =============    ============

Weighted average shares outstanding                  14,329,000        9,537,000       12,500,000       9,077,000
                                                  =============    =============    =============    ============

</TABLE>


See notes to financial statements                                       F-2


<PAGE>


SDC INTERNATIONAL, INC.

Condensed Statement of Stockholders' Deficiency (Unaudited)
-----------------------------------------------------------

<TABLE>
<CAPTION>

                                             Common Stock
                                        ----------------------     Additional
                                                        Par          Paid-in        Accumulated
                                          Shares       Value         Capital          Deficit          Totals
                                        ----------   ---------    ------------    --------------    ------------
<S>                                     <C>          <C>          <C>             <C>               <C>
Balance - December 31, 2000             10,881,703   $  10,881    $ 17,618,993    $ (18,182,880)    $  (553,006)
Issuance of common stock in
  connection with loan
  agreements                               135,000         135         100,016                          100,151
Issuance of common stock in
  connection with services to
  the Company                            1,194,797       1,195         752,528                          753,723
Issuance of options in
  connection with services to
  the Company                                                          753,000                          753,000
Sale of common stock                     1,025,000       1,025         438,975                          440,000
Proceeds from exercise of options        1,400,000       1,400         648,600                          650,000
Net loss for the period                                                              (2,925,140)     (2,925,140)
                                        ----------   ---------    ------------    -------------     -----------
Balance - September 30, 2001            14,636,400   $  14,636    $ 20,312,112    $ (21,108,020)    $  (781,272)
                                        ==========   =========    ============    =============     ===========

</TABLE>


See notes to financial statements                                       F-3


<PAGE>


SDC INTERNATIONAL, INC.

Condensed Statements of Cash Flows (Unaudited)
----------------------------------------------

<TABLE>
<CAPTION>

                                                 Nine Months       Nine Months
                                                   Ended              Ended
                                                 September 30,     September 30,
                                                     2001              2000
                                                 -------------     -------------
<S>                                              <C>               <C>

Cash flows from operating activities:
Net loss                                         $  (2,925,140)     $ (1,518,053)
Adjustments to reconcile net loss to
net cash used in operating activities:
  Depreciation and amortization                          1,200             1,200
  Amortization of debt discount                                          102,683
  Expenses paid by issuance of stock                 1,606,874           435,984
  Loss on sale of discontinued subsidiary               51,722
  Loans in excess of loss from operations
    of discontinued subsidiary                                            24,416
  Changes in:
    Inventory                                                             51,500
    Prepaid expenses                                                      15,000
    Accounts payable and accrued expenses               92,329          (203,674)
    Accrued interest                                    75,202            83,476
                                                 -------------     -------------
      Net cash used in operating activities         (1,097,813)       (1,007,468)
                                                 -------------     -------------
Cash flows from financing activities:
  Proceeds from sale of common stock and
    exercise of options                              1,090,000           749,500
  Proceeds of loans from related parties               500,000           203,000
  Repayment of loans from related parties              (18,672)          (19,703)
                                                 -------------     -------------
      Net cash provided by financing
        activities                                   1,571,328           932,797
                                                 -------------     -------------

Net increase (decrease) in cash                        473,515           (74,671)
Cash, beginning of period                               56,276           170,893
                                                 -------------     -------------
Cash, end of period                              $     529,791     $      96,222
                                                 =============     =============
Supplemental disclosure of noncash investing
  and financing activities:
    Issuance of common stock in payment of
      loans payable to stockholders                                $     851,489
    Issuance of common stock issuable                              $     918,224

</TABLE>


See notes to financial statements                                       F-4


<PAGE>


SDC INTERNATIONAL, INC.

Condensed Notes to Financial Statements (Unaduited)
September 30, 2001


NOTE A - THE COMPANY AND BASIS OF PREPARATION

The accompanying financial statements include the accounts of SDC
International, Inc., (the "Company") and, through the date of disposition
on June 30, 2000, its wholly-owned subsidiary Skobol, s.a. ("Skobol")
after elimination of all significant intercompany transactions and
balances.  In addition, the Company has an inactive subsidiary in the
Czech Republic.  During the years ended December 31, 2000 and 1999, and
continuing in 2001, the Company has been attempting to acquire or enter
into a joint venture with manufacturing entities in Central and Eastern
Europe and has been incurring expenses in connection therewith.

During November 1997, the Company acquired the outstanding common stock
of a Bolivian Corporation, which is a distributor within the
country of Bolivia of products manufactured in the Czech Republic.  On
December 21, 1999, the Board of Directors of the Company authorized
sale of a Bolivian subsidiary and on June 30, 2000, the Company sold its
shares in the subsidiary in exchange for a $150,000 note payable in three
installments of $50,000 plus interest at 6% on June 30, 2001, 2002 and
2003.  Accordingly, the results of operations of the subsidiary, which
are included in the accompanying financial statements through the date of
sale, are shown as discontinued operations.  As payment of the selling price
consisted solely of the note which was receivable over an extended
period of time and the Company had no history with the note holder, or
any other reasonable basis for estimating the degree of collectibility,
the Company would recognize gain on sale of the subsidiary, which
amounts to $98,278, as collections were received on the note using the
installment method.  In addition, interest income on the note would be
recognized as received.  During the nine month period ended September
30, 2001, the Company had not received the payment which was due on
June 30, 2001 and has determined that the full balance of the note is
uncollectible.  Therefore, the Company has written off to discontinued
operations its carrying value of the note of $51,722.

The accompanying unaudited financial statements have been prepared in
accordance with accounting principles generally accepted in the
United States of America for interim financial information and with
instructions to Form 10-QSB.  Accordingly, they do not include all of
the information and footnotes required by accounting principles
generally accepted for complete financial statements.  In the opinion
of management the interim financial statements include all adjustments
necessary in order to make the financial statements not misleading.
The results of operations for the nine months ended September 30, 2001
and 2000 are not necessarily indicative of the results to be expected
for the full year.  For further information, refer to the Company's
audited financial statements and footnotes thereto at December 31,
2000, included in the Company's Form 10-KSB, filed with the Securities
and Exchange Commission.


NOTE B - DUE TO RELATED PARTIES

[1]	Loans from stockholders:

From time to time, the Company has borrowed funds from stockholders
by issuing unsecured notes, which are repayable in periods ranging
from 90 to 180 days, at a stated interest rate of 14% per annum. As
of September 30, 2001, outstanding balances payable under these notes
amounted to $550,000, together with accrued interest of $139,123.  On
February 7, 2001, the stockholder holding such notes agreed to extend
the repayment date of the notes from January 1, 2001, to the earlier
of 10 days after the closing of a planned acquisition or January 20,
2002.  On June 29, 2001, the Company borrowed $500,000 from its Chief
Executive Officer by issuing an unsecured convertible note, due
October 1, 2001, at an interest rate of 14%.  The note is convertible
at the Lender's option if the Company defaults on the note, at 75% of
the market price, at the date of default.  As of September 30, 2001,
the outstanding balances payable under this note amounted to $500,000,
together with accrued interest of $17,452.  During the nine months
ended September 30, 2001 and 2000, interest expense on these and
other notes amounted to $75,202 and $83,646, respectively.


NOTE C -COMMITMENTS AND OTHER COMMENTS

[1]	Lease agreement:

Effective January 1, 1997, the Company rents its executive office on
a month to month basis from its Chief Executive Officer ("CEO".)
Rent expense under the arrangement amounted to $18,000 and $18,000
during the nine months ended September 30, 2001 and 2000,
respectively.

Included in general and administrative expenses is rent expense for
the above and other property and equipment rentals which totaled
$44,961 and $35,549 for the nine months ended September 30, 2001 and
2000, respectively.

                                                                        F-5


<PAGE>


SDC INTERNATIONAL, INC.

Condensed Notes to Financial Statements (Unaduited)
September 30, 2001

NOTE C -COMMITMENTS AND OTHER COMMENTS (CONTINUED)

[2]	Executive compensation:

For the nine months ended September 30, 2001 and 2000, respectively,
the Company incurred management fees of $117,000 and $124,000,
payable to its Chief Executive Officer.

For the nine months ended September 30, 2001 and 2000, respectively,
the Company incurred management fees of $117,000 and $144,000 to its
President.


NOTE D -ACQUISITION

On June 29, 2001, the Company issued a binding tender offer for
purchase of a 92% share of Tatra, a.s.  In connection with the
binding tender offer, the Company submitted a tender bid deposit of
$500,000, which was returned September 24, 2001 when the Company's
offer was approved.  The Company has completed negotiations with the
selling agent of the Czech government's Konsolidacni Banka, the
holder of such share, and on November 7, 2001 final approval was
received for the acquisition from the Czech government, however, there
can be no assurance that this transaction will be finalized.


                                                                        F-6


<PAGE>

Item 2.  MANAGEMENT'S DISCUSSIONS AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS

SDC International, Inc., (hereinafter referred to as the "Company") is
a Delaware corporation formed in June, 1994 originally to market,
sell, and finance Eastern and Central European industrial products
such as diesel generators, co-generation equipment, electric metering
systems, on/off-road trucks, tractors, and transport equipment such as
buses, trolleys, trams, and airfreight containers.  Because of a lack
of working capital condition within the manufacturers of such
equipment, the products could not be delivered in an acceptable time
period to the customers of the Company.

Through its direct involvement in Central and Eastern Europe, the
Company has learned that most manufacturing companies within this
geographic/political area with whom the Company wishes to transact its
business have a shortage of marketing skills and financial capability.
Therefore, the Company has determined that it should take an internal
position within its targeted manufacturing companies to assure better
financial capability and marketing skills.  This planned activity may
be as a joint venture with or an acquisition of such manufacturing
companies.

In April 1997, the Company acquired by merger the Panamanian company
representing Tatra, a Czech truck manufacturer with ISO certification,
to market and sell Tatra products in South and Central America.  In
1998, the Company executed letters of intent and agreements to
purchase Tatra, a.s.  However, due to changes within the organization
of the seller of Tatra, which were beyond the control of the Company,
the transaction has not been consummated, and the Company continues
its efforts toward the Tatra acquisition.  Tatra is a Czech
manufacturer of on/off-road heavy duty trucks.  The factory was
founded in 1850 and in 1898 the first truck was manufactured.  The
factory continued development and innovations of its vehicle and today
produces a truck with an air cooled diesel engine and a solid central
backbone tube with swing half axles, both being unique features of the
Tatra truck.  Tatra has ISO 9001 certification and Tatra trucks meet
all Euro II regulations.

During the last quarter of 1999, the Czech government-owned
Konsolidacni Bank took over ownership of and began the process of
disposing of Tatra.  During the first quarter of 2000, Konsolidacni
Banka engaged the Czech Revitalization Agency, a subsidiary of the
Konsolidacni Banka, to perform the process of selling Tatra.  A
Confidential Memorandum was sent to the Company regarding the proposed
sale, a Confidentiality Agreement was signed, and discussions have
subsequently begun with various parties in the Czech Republic which
are connected with Tatra and its sale process.  In accordance to the
requirements of the Memorandum, on June 12, 2000, the Company
submitted its letter requesting negotiations with the Revitalization
Agency to begin the Company's proposed acquisition of Tatra.

During June, 2000, in preparation for the planned acquisition of
Tatra, the Company hired Mr. Henry Keifer to become its General
Manager and Vice Chairman of the Board of Tatra, a.s., subject to the
closing of such an acquisition. His career includes positions as
Managing Director of PACCAR Australia, President and Managing Director


<PAGE>    8


of PACCAR U.K., and General Manager of Kenworth Truck.  His foreign
experience includes six years in England, three years in Russia, and
two years in Australia.

In the last quarter of year 2000, the Company established a strategic
shareholder  relationship with Terex Corporation.  Providing SDC is
successful in acquiring Tatra, the Company would utilize Terex's
extensive global network for Tatra's distribution.  Terex, with over 2
billion dollars in annual revenues, has a worldwide network of dealers
in over 1000 locations within more than 60 countries.  Additionally,
Tatra could introduce Terex products in areas where Tatra has been a
prevalent supplier, such as Russia, India, and China.

In compliance with the request of the Revitalization Agency of the
Czech Republic, on August 28, 2000, the Company submitted its offer to
acquire Tatra, a.s.  As the sale process moves forward, there have
been, and continue to be, numerous meetings with the Revitalization
Agency regarding the Company's offer.  The Company's due diligence was
updated during the first half of 2001.

Beginning in March, 2001, the Company initiated due diligence on
location at the Tatra facility.  The Company was represented in this
effort by fourteen professionals, including four attorneys, five tax
and audit personnel, and Company management.  By early June, the
Company concluded its final due diligence reports and received the
initial draft of the acquisition agreement which was prepared by Czech
government representative in charge of the sale of Tatra.  On June 20,
2001, the Company submitted its final and binding offer to purchase
91.61% of the shares of Tatra, a.s.  During July 2001, the Company was
selected as the winning bidder and contract negotiations were
conducted with the selling agent of the Czech government.  In October
2001, the Supervisory Board of the seller, the Czech Consolidation
Agency, approved the Share Purchase Agreement and the Investment
Agreement which had been signed by the Company.  The final approval
step occurred on November 7, 2001, when the Cabinet of the Czech
government voted for approval of the two agreements.

The Company believes closing of the sale of Tatra will occur on or
before December 31, 2001. The Company and the Company's source(s) of
financing are in the process finalizing the financial structure
of the acquisition.

There can be no assurances that any of the matters discussed above
will come to fruition or will result in positive results for the
Company.

The Company has devoted a substantial amount of its time and effort to
negotiating the acquisition of Tatra, a. s., and arranging strategic
alliances related to the Tatra acquistion rather than devoting its time
to beginning its marketing and sales development.  Therefore, the
Company's revenues to date are not the result of marketing efforts by the
Company. The Company records revenue when products are shipped.
During the quarter ended March 31, 2000, the Company recorded revenue
of $70,240 and none during subsequent quarters.

Operating expenses for the three months ended September 30, 2001, were
$817,453 more than in the three months ended September 30, 2000.  The
Company's net loss from continuing operations of $1,262,833 for the


<PAGE>    9

three months ended September 30, 2001 was more than the three month
loss from continuing operations for the period ending September 30,
2000, which was $443,025.  However, these losses include certain non-
cash charges as follows:

<TABLE>
<CAPTION>
 				         thru September 30, 2001    thru September 30, 2000
<S>                                      <C>                        <C>
   Expenses paid by Issuance of
        common stock                            $  750,858              $  105,703
   Amortization of Debt Discount                    28,650                  26,430
                                                ----------              ----------
             TOTAL NON-CASH CHARGES             $  722,208              $  132,133
</TABLE>


Accordingly, the Company's three month cash loss before the above
charges amounted to approximately $483,325 in 2001 and $310,892 in
2000.  For the nine months ended September 30, the Company's net
losses before non-cash charges were $1,266,544 in 2001 and $954,970 in
2000.  The increase in operating loss from continuing operations is
due to the volume of activities and expenses related to the planned
acquisition of Tatra, a.s.

LIQUIDITY AND CAPITAL RESOURCES

At the end of September 30, 2001, the Company had a working capital
deficit of $783,625, which was more than its working capital deficit
at December 31, 2000, which was $ 591,040.  However, when considering
shareholder loans to be long term debt, the working capital is a
positive $422,950 as of September 30, 2001.  Net cash used for the
Company's operating activities for the three months ended September 30
amounted to $1,097,813, whereas the net cash used for operating
activities for the three months ended September 30, 2000 amounted to
$1,007,468.  Net cash provided by financing activities in the three
months ended September 30, 2001 was $1,571,328 compared to $932,797
for the three months ended September 30, 2000.  Total cash at
September 30, 2001 was $529,791 compared to $96,222 at September 30,
2000 and $56,276 at December 31, 2000.

Management is evaluating its current and projected cash needs to
determine if its current financial situation will be sufficient to
meet such needs.  If the Company continues according to its present
plans and without modification, the Company will be required to obtain
additional financing or equity capital.  Management is actively
exploring possible sources of additional capital and is reviewing
possible methods to obtain such additional capital, as needed.  There
is no assurance that such financing or capital will be available at
the time when such capital may be needed.  In December, 2000, the
Company increased its authorized shares of common stock from
10,000,000 to 25,000,000 and authorized 25,000,000 shares of preferred
stock.  These authorizations were necessary in order to effect
capitalization to be raised for acquisition of Tatra, a.s. and
companies which may be targeted for acquisition in the future,
according to the business plans of the Company.

Negative cash flows from the Company's pursuit of an acquisition are
anticipated to continue until the Company has reached agreement, if
any can be reached, providing for an acquisition and then only if
suitable financing of any such acquisition is received by the Company.
The Company acknowledges that there is no assurance that it will be
able to obtain suitable capital or financing at the time of any future


<PAGE>    10


acquisitions.  In the event the Company does not receive additional
capital, there could be a severe adverse impact on the Company's
future operations.

The Company's products are sold in US dollars and the Company does not
believe currency exchange rates or current inflation rates will have a
significant effect on sales or profitability. Although the Company
maintains a bank account in Czech currency within the Czech Republic
for paying local expenses, the amount on deposit in such account is
usually small and, therefore, fluctuation in the currency exchange
rates should not have a significant effect on the Company.



<PAGE>    11

                       PART II - OTHER INFORMATION
                      ---------------------------


ITEM 1 - Legal Proceedings:
         -----------------

     There are no legal proceedings which would have a material effect
on the Company.


ITEM 2 - Changes in Securities:
         ---------------------

     None


ITEM 3 - Defaults 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>    12


                         SIGNATURES

In accordance with section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                       SDC INTERNATIONAL, INC.


                                       BY:___/s/Ronald A. Adams____
                                          Ronald A. Adams, Chairman

November 19, 2001


In accordance with the Exchange Act, this report has been signed below
by the following person on behalf of the registrant and in the
capacities and on the dates indicated.

                                       SDC INTERNATIONAL, INC.


                                       BY:___/s/Ronald A. Adams____
                                          Ronald A. Adams, Chairman
                                          and Acting Chief Financial
                                          Officer

November 19, 2001




<PAGE>    13