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(Mark One)

[ X  ]	QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934



[     ]	TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT





Nevada                                                                       
80-0028196                            
(State of Incorporation)                                       
(IRS Employer Number)

4766 Holladay Blvd
Holladay,   UT 84117(Address of principal executive offices)

(801) 273-9300Issuer's telephone number

Check whether the issuer (1) filed all report required to be filed by Section 13 or 15 (d) of the
Exchange Act during the past 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing requirements for the past 90
days.

Yes [X]  No[   ]

10,058,260(Number of shares of common stock the registrant hadoutstanding as of August 16, 2002)

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Transitional small business disclosure format (check one):

Page Number

PART I 	FINANCIAL INFORMATION

Item 1.	Financial Statements

Balance Sheet                                                                                              
3

Statement of Operations                                                                               
4

Statement of Cash Flows                                                                             
5

Notes to Financial Statements                                                                      
6

Item 2.	Management's Discussion and Analysis of Financial
Condition and Results of Operations                                                          
7

PART II. OTHER INFORMATION

Item 2.	Change in Securities and Use of Proceeds                                      
8

Item 3.	Defaults Upon Senior Securities                                                       
8

Item 4.	Submission of Matters to a Vote of Security Holders                       
8

Item 5.	Other Information                                                                          
8

Item 6.	Exhibits and Reports on Form 8-K                                               
8

Signatures                                                                                                
9

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ITEM 1.	Financial Statements



June             
December	                                                                                                   
30, 2002        31, 2001                                                                                                 
(Unaudited)



Current Assets

Cash                                                                                          
$		266                   
$		266

Total Assets                                                                                
$		266                   
$		266



Current Liabilities


	Accounts Payable                                                                       
$		33,522             
$		8,867

Interest
Payable                                                                              
30,000                   
-

Note Payable                                                                                
200,000                   
-

Total Current Liabilities                                                                 
263,522            8,867

Common Stock, 100,000,000 Shares Authorized
$.001 Par Value, 5,058,260 and 124,916 Shares
Issued and Outstanding Respectively			5,058 			125
Additional Paid In Capital                                                       
15,726,958            
15,731,891
Accumulated Deficit                                                              
(15,995,272)           (15,740,617)

Total Stockholders' Equity                                                         
(263,256)                   
(8,601)

Total Liabilities & Stockholders' Equity                                           
$ 266                       
$		266

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**Reality Interactive, Inc.**

For the Three Months Ended             
For the Six Months Ended
                                                                  
June       June                              
June          June	                                                               
30, 2002    30, 2001                  
30, 2002    30, 2001

Revenue                                                 
$	-$	-$	-$	-

Expenses


General & Administrative                        
53,044      124,060                    
53,044         128,553

Compensation Expense                         
120,000             
-                       
200,000            -

Legal & Professional Fees                       
96,611             
-                          
96,611           -

Travel & Entertainment                             
75,000            
-                          
75,000           -

Total Expenses                                       
344,655         124,060                 
424,655128,553

From Operations                                   
(344,655)   (124,060)                 
(424,655)    (128,553)

Other Income (Expenses)

Interest Expense                                      
(30,000)           -                           
(30,000)           -

Interest Income                                            
-                 
--                  
18

Total Other Income

(Expenses)                                              
(30,000)           
-                            
(30,000)       18

Income (Loss)

Before Taxes                                        
(374,655)         (124,060)                
(454,655)    (128,535)

Taxes                                                            
--                              
-                 
-

Net (Loss)                                            
$		(374,655)      $		(124,060)            
$		(454,655)	$		(128,535)

Common Share                                     
$		(0.12)            
$		(0.02)                    
$		(0.23)       $		(0.02)

Weighted Average
Outstanding Shares                               
3,151,658            5,531,657                 
1,967,089 			5,104,532

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For the Six Months Ended
                                                                                                     
June             June 
                                                                                                   
30, 2002    30, 2001

Cash Flows from Operating Activities

Net Income (Loss)                                                                
$		(454,655)     $		(128,535)

Net Cash Provided (Used) by Operating Activities;

Common Stock Issued for Services Rendered                           
200,000               
98,550

Changes in Assets & Liabilities
Accounts Payable                                                                        
24,655               
30,722
Accrued Liabilities                                                                           
-                     
(7,953)
Interest Payable                                                                           
30,000                   
-

Net Cash Provided (Used) by
Operating Activities                                                                   
(200,000)              
(7,216)

Cash Flows from Investing Activities
-                             
-

Cash Flows from Financing Activities

Increase in Note Payable                                                            
200,000                       
-

Increase (Decrease) in Cash                                                           
-                       
(7,216)

Cash, Beginning of Period                                                                  
266                
7,620

Cash, End of Period                                                                         
$		266             
$		404

Supplemental Cash Flow Information

Interest                                                                                          
$	-                         
$	-

Income Taxes                                                                                   
-                             
-

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NOTE 1   Interim Financial Statements

The financial statements for the six months ended June 30, 2002 were prepared from the books and
records of the company.  Management believes that all adjustments have been made to the financial
statements to make a fair presentation of the financial condition of the company as of June 30, 2002.
The results of the six months are not indicative of a full year of operation for the Company.

Certain information and footnote disclosures normally included in financial statements prepared in
accordance with generally accepted accounting principles have been condensed or omitted.  It is
suggested that these financial statements be read in conjunction with the financial statements and
notes thereto included in the Company's December 31, 2001 audited financial statements.  The
results of operations for the periods ended June 30, 2002 are not necessarily indicative of the
operating results for the full year.

ITEM 2.   	Management's Discussion and Analysis of Financial Condition and Results of
Operations

The following presentation of management's discussion and analysis of the Company's
financial condition and results of operation should be read in conjunction with the Company's
financial statements and notes contained herein for the six months ended June 30, 2002.

GENERAL

Reality Interactive, Inc., (the "Company") was incorporated on May 24, 1994 for the purpose
of developing technology-based knowledge solutions for the industrial marketplace.  On April 30,
1999, the Company ceased business operations, sold substantially all of its assets and terminated all
of its employees.  Management of the Company believes this action was necessary in light of the
Company's liquidity needs and lack of short-term revenue opportunities.

Since April 30, 1999, the Company has been exploring a potential
acquisition or merger of
a new business venture.  The Company intends to comply with all SEC reporting requirements in
order to maintain its status as a public company.  On February 1, 2002, the Company acquired all
of the issued and outstanding shares of Bright Europe Tech, Inc., and Faster Cash ATM, Inc.
Due
to market conditions in the United States and Eastern Europe which prevented planned capital
raising, the Company rescinded the acquisitions during the  fiscal quarter.

RESULTS OF OPERATIONS

REVENUES - Revenues were $0 for both the quarters ended June 30, 2002 and 2001.  This resulted
because of the Company's decision to cease its business operations effective April 30, 1999.

COST OF REVENUES - Cost of revenues were $0 for both the quarters ended June 30, 2002 and
2001. this resulted because of the Company's decision to cease business operations effective April
30, 1999.

OPERATING EXPENSES - The Company's operating expenses for the quarter ended June 30, 2002
were $344,650 compared to operating expenses of $124,060 for 2001.  Operating expenses for 2001
relate primarily to costs incurred to maintain a small administrative office in addition to the costs
relating to maintaining a fully reporting status with the Securities and Exchange Commission.
Operating expenses for the quarter ended June 30, 2002 relate to consulting services, significant legal
costs, costs incurred to maintain a small administration office, costs  related to maintaining the
company and costs associated with resolving certain outstanding corporate issues.

The Company expects that it will continue to incur general and administrative expenses for the year
2002 as it continues to maintain a small administrative office, pursues opportunities for its public
shell and maintains its status as a fully reporting company with the Securities and Exchange
Commission.

NET LOSS - Net loss for the quarter ended June 30, 2002 was $374,655 compared to a net loss of
$124,060 for the quarter ended June 30, 2001.  Since the business ceased operations, it does not
expect to incur additional substantial losses in 2002, except for expenses relating to the operation of
a small office, pursuing new business opportunities and SEC public filing requirements.

LIQUIDITY AND CAPITAL RESOURCE

The Company's cash and cash equivalents were $266 as of June 30, 2002, compared to $404
as of June 30, 2001 which was partially offset by the sale of stock and the payment of stock for
certain consulting services.  This decrease in cash was due primarily to the net loss from operations
for the year ended December 31, 2001.

The Company has sufficient cash balances to allow it to meet its minimal operating
expenditures for the current year.  Therefore, the Company's ability to fund future operations is
dependent on the Company's identifying a suitable acquisition candidate or receive proceeds from
shareholders loans or the sale of its common stock.  Without the foregoing, the Company will be
unable to continue as a going concern.

PART II.	OTHER INFORMATION

Item 1.	Legal Proceedings	None

Item 2.	Change in Securities and Use of Proceeds	None

Item 3.	Defaults Upon Senior Securities	None

Item 4.	Submission of Matters to a Vote of Security Holders	None

Item 5.	Other Information

During the quarter, the Company rescinded its acquisitions of Bright Europe, Inc., and Faster
Cash ATM, Inc.  As a result of the rescission, control of the Company changed through a change in
management and cancellation of shares.  Dean Becker is currently the sole officer and director of the
Company.  Global Marketing Associates, Inc. is currently the majority shareholder owning 5,000,000
shares, or 50.0% of the current shares outstanding.

Item 6.	Exhibits and Reports on Form 8-K

(a)	Exhibits	None

(b)	Reports on Form 8-K	None

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REALITY INTERACTIVE, INC.

Date: August 19, 2002 	By:Dean Becker
President and Director

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