UNITED STATES
                        SECURITY AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 10-K

                  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
                   OF THE SECURITIES AND EXCHANGE ACT OF 1934

(Mark  One)
(X)   ANNUAL  REPORT  PURSUANT TO SECTION 12 OR 15(d) OF THE SECURITIES EXCHANGE
      ACT  OF 1934
      For  the  year  ended  December  31,  1992

(  )  TRANSITION  REPORT  PURSUANT  TO  SECTION 13 OR 15 (d) OF THE SECURITIES
       EXCHANGE  ACT OF  1934  (NO  FEE  REQUIRED)
         For  the  transition  period

                         Commission  File  Number  1-5996

                             QUAD METALS CORPORATION

             (Exact name of registrant as specified in its charter)

              WASHINGTON                                    91-0835748
(State of Incorporation or Organization)            (IRS  Employer  ID  Number)

                         601 WEST MAIN AVENUE, SUITE 714
                    (Address of Principal Executive Offices)

                                 (509) 455-9077
                         (Registrant's Telephone Number)

Securities  Registered  Under  Section  12  (b)  of  the  Act:
                                      NONE
                                      ----
                                (Title of Class)

Securities  Registered  Under  Section  12  (g)  of  the  Act:
                           COMMON STOCK, NO PAR VALUE
                           --------------------------
                                (Title of Class)

     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 such
filing  requirements  for  the  past  90  days.
( )  YES    (X)  NO

     Indicate  by  check  mark if disclosure of delinquent filers in response to
Item  405  of Regulation S-K is not contained herein, and will not be contained,
to  the  best  of  registrant's  knowledge,  in  definitive proxy or information
statements  incorporated  by reference in Part III or any amendment to this Form
10-K.  (X)

     The  registrant's  Common Stock held by non-affiliates of the registrant is
currently  not trading.  The aggregate market value August 15, 2001 was nil.  As
of August 15, 2001 there were 35,474,665 shares of the registrant's common stock
outstanding


<PAGE>
                             QUAD METALS CORPORATION
                             FORM 10-K ANNUAL REPORT
                                DECEMBER 31, 1992

                                TABLE OF CONTENTS

                                        PAGE
                                     PART I

Item  1.   Business                                                        3

Item  2.   Properties                                                      3

Item  3.   Legal  Proceedings                                              3

Item  4.   Submission  of  Matters  to  a  Vote  of  Security  Members     3

                                     PART II

Item  5.   Market  for  Registrant's  Common  Equity  and  Related
             Stockholder  Matters                                        3-4

Item  6.   Selected  Financial  Data                                       4

Item  7.   Management's  Discussion  and  Analysis  of  Financial
              Condition  and  Results  of  Operations                      4

Item  8.   Financial  Statements                                        5-10

Item  9.   Changes  in  and  Disagreements  with  Accountants              5

                                    PART III

Item  10.  Directors  and  Executive  Officers  of the Registrant.        11

Item  11.  Executive  Compensation                                        12

Item  12.  Security Ownership of Certain Beneficial Owners
             and  Management                                              13

Item  13.  Certain  Relationships  and  Related  Transactions             14

                                     PART IV

Item  14.  Exhibits,  Financial  Statement  Schedules,  and
           Reports on Form 8-K                                            14

           Signature  Page                                                15














<PAGE>
                               QUAD METALS CORPORATION
                             FORM  10-K  ANNUAL  REPORT
                                DECEMBER  31,  1992

                                     PART I

ITEM  1  -  BUSINESS

Quad  Metals  Corporation (hereinafter "the Company") was incorporated under the
laws  of the State of Washington on June 5, 1968 and was organized primarily for
the purpose of exploring for, acquiring and developing mineral properties with a
potential  for  production.

The  registrant's  initial  and  subsequent  efforts  in   the  acquisition  and
exploration  of  potentially viable and commercial properties were unsuccessful.
Consequently,  all  mining  claims were abandoned by December of 1990.  Thus the
Company  conducts  no operations or business, and it has no employees and has no
plans  for  such.


ITEM  2  -  PROPERTIES

     As  of  December  31,  1992,  the  Company  had  no  properties.

ITEM  3  -  LEGAL  PROCEEDINGS

The registrant has no legal actions pending against it and is not a party to any
suits  in  any  court  of  law.


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

No  matters  were  submitted  to  a  vote  of  security  holders  during  1992.


                                     PART II

ITEM  5  -  MARKET  FOR  REGISTRANT'S  COMMON  EQUITY  AND  RELATED
              STOCKHOLDER  MATTERS

(a)     Market  Information

The bid prices for the Registrant's common stock for the years 1991 and 1992 are
as  follows:

                             1991                           1992
                   -------------------------     -------------------------
                      High            Low            High           Low
                   ----------     ----------     ----------     ----------
First  Quarter     No  Trades     No  Trades     No  Trades     No  Trades
Second  Quarter    No  Trades     No  Trades     No  Trades     No  Trades
Third  Quarter     No  Trades     No  Trades     No  Trades     No  Trades
Fourth  Quarter    No  Trades     No  Trades     No  Trades     No  Trades









<PAGE>
                               QUAD METALS CORPORATION
                             FORM  10-K  ANNUAL  REPORT
                                DECEMBER  31,  1992

ITEM  5  -  MARKET  FOR  REGISTRANT'S  COMMON  EQUITY  AND  RELATED
              STOCKHOLDER  MATTERS  (CONTUNUED)

(b)     Approximate  Number  of  Equity  Security  Holders


Title  of  Class                              Number  of  Shareholders of Record
--------------------------                    ----------------------------------
Common stock, no par value                           Approximately  942

(c)  Dividend  Information

       No  dividends  were  paid  by  the  Company  in  1992.

ITEM  6  -  SELECTED  FINANCIAL  DATA

The  following  data  should be read in conjunction with the Company's financial
statements  and  the  notes  thereto:

Selected  Income  Statement  Data:
                                      Year Ended December 31,
                     ----------------------------------------------------------
                        1988        1989        1990        1991        1992
                     ----------  ----------  ----------  ----------  ----------
Net Revenues         $     179   $      -0-  $      -0-  $      -0-  $      -0-
Net income (loss)    $  (5,962)  $  (1,152)  $(1,409,868)$      -0-  $      -0-
Per share            $    (Nil)  $    (Nil)  $    (.04)  $      Nil  $      Nil
Cash dividends
  per share          $      -0-  $     -0-   $     -0-   $      -0-   $     -0-


Selected  Balance  Sheet  Data:
                                     Year Ended December 31,
                    ----------------------------------------------------------
                       1988        1989        1990        1991        1992
                    ----------  ----------  ----------  ----------  ----------
Current Assets      $   2,020   $     868   $      -0-  $      -0-  $      -0-
Current Liabilities $      -0-  $      -0-  $      -0-  $      -0-  $      -0-
Working Capital     $   2,020   $     868   $      -0-  $      -0-  $      -0-
Total Assets        $1,406,020  $1,409,868  $      -0-  $      -0-  $      -0-
Long-term debt      $      -0-  $      -0-  $      -0-  $      -0-  $      -0-
Stockholders'
  Equity (Deficit)  $(781,804)  $(782,956)  $(2,192,824)$(2,192,824)$(2,192,824)

ITEM  7  -  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION
     AND  RESULTS  OF  OPERATIONS

The Company had no operating activities during 1992 (no income or expenses), and
as  of  December  31,1992,  there  were  no  assets  or  liabilities.









<PAGE>
                               QUAD METALS CORPORATION
                             FORM  10-K  ANNUAL  REPORT
                                DECEMBER  31,  1992

ITEM  8  -  FINANCIAL  STATEMENTS  AND  SUPPLEMENTARY  DATA

The  company's  financial  statements  appear  following Part II of this report.


ITEM  9  -  CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS

None.






                             QUAD METALS CORPORATION

                              FINANCIAL STATEMENTS
                                   (UNAUDITED)

                           December 31, 1992 and 1991




                             QUAD METALS CORPORATION
                           DECEMBER 31, 1992 AND 1991

                                TABLE OF CONTENTS



     FINANCIAL  STATEMENTS  (UNAUDITED)

          Balance  Sheets  for  the  Years  Ended
                       December  31,  1992  and  1991
2

     Statements  of  Operations  for  the  Years  Ended
            December  31,  1992  and  1991                                   3

     Statement of Changes in Stockholders' Equity (Deficit) for the
            Years  Ended  December  31,  1992  and  1991                     4

     Statements  of  Cash  Flows  for  the  Years  Ended
            December  31,  1992  and  1991                                   5

     NOTES  TO  THE  FINANCIAL  STATEMENTS                                   6











<PAGE>
                             QUAD METALS CORPORATION
                                 BALANCE SHEETS
                           DECEMBER 31, 1992 AND 1991
                                   (UNAUDITED)



                                                 1992            1991
                                            --------------  --------------
ASSETS

     CURRENT ASSETS                        $           -0-  $          -0-
                                            --------------  --------------
TOTAL  ASSETS                              $           -0-  $          -0-
                                           ================  =============


STOCKHOLDERS'  EQUITY  (DEFICIT)

STOCKHOLDERS'  EQUITY  (DEFICIT)
     Common stock, no par value;
       40,000,000 shares authorized,
       35, 474, 665 shares issued
       and  outstanding                    $    2,192,824   $   2,192,824
     Accumulated deficit                       (2,192,824)     (2,192,824)
                                            --------------  --------------

TOTAL  STOCKHOLDERS'  EQUITY  (DEFICIT)    $           -0-  $          -0-
                                           ================  =============































The accompanying notes are an integral part of these financial statements.

<PAGE>
                             QUAD METALS CORPORATION
                            STATEMENTS OF OPERATIONS
                 FOR THE YEARS ENDED DECEMBER 31, 1992 AND 1991
                                   (UNAUDITED)




                                                 1992            1991
                                            --------------  --------------

REVENUES                                   $           -0-  $          -0-
                                            --------------  --------------

OPERATING EXPENSES                                     -0-             -0-
                                            --------------  --------------

OPERATING INCOME                                       -0-             -0-
                                            --------------  --------------

NET INCOME                                 $           -0-   $         -0-
                                           ================  =============

NET LOSS PER COMMON SHARE                  $            -0-  $         -0-
                                           ================  =============

WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING - BASIC                             35,474,665     35,474,665
                                           ================  =============































The accompanying notes are an integral part of these financial statements.

<PAGE>
                             QUAD METALS CORPORATION
             STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
                  FOR THE YEARS ENDED DECEMBER 31, 1992 AND 1991
                                   (UNAUDITED)




                             Common Stock
                      ----------------------------
                        Number                       Accumulated
                        of Shares        Amount        Deficit        Total
                      -------------  -------------  -------------  -------------
Balance,
December 31, 1990        35,474,665  $  2,192,824   $ (2,192,824)  $         -0-

Net loss                                                      -0-            -0-
                      -------------  -------------  -------------  -------------
Balance,
December 31, 1991        35,474,665     2,192,824     (2,192,824)            -0-

Net loss                                                      -0-            -0-
                      -------------  -------------  -------------  -------------
Balance,
December 31, 1992        35,474,665  $  2,192,824   $ (2,192,824)  $         -0-
                      =============  =============  =============  =============


































The accompanying notes are an integral part of these financial statements.

<PAGE>
                             QUAD METALS CORPORATION
                            STATEMENTS OF CASH FLOWS
                 FOR THE YEARS ENDED DECEMBER 31, 1992 AND 1991
                                   (UNAUDITED)




                                                 1992            1991
                                            --------------  --------------

CASH  FLOWS  FROM  OPERATING  ACTIVITIES:
     Net  income  (loss)                    $          -0-  $          -0-
                                            --------------  --------------
Net cash provided by operating  activities             -0-             -0-
                                            --------------  --------------

CASH  FLOWS  FROM  INVESTING  ACTIVITIES:              -0-             -0-
                                            --------------  --------------
CASH  FLOWS  FROM  FINANCING  ACTIVITIES:              -0-             -0-
                                            --------------  --------------

Net  decrease  in  cash                                -0-             -0-

Cash,  beginning  of  year                             -0-             -0-
                                            --------------  --------------

Cash,  end  of  year                        $          -0-  $          -0-
                                           ================  =============































The accompanying notes are an integral part of these financial statements.

<PAGE>
                             QUAD METALS CORPORATION
                          NOTES TO FINANICAL STATEMENTS
                                   (UNAUDITED)
                           DECEMBER 31, 1992 AND 1991




NOTE  1  -  ORGANIZATION  AND  DESCRIPTION  OF  BUSINESS

The  Company was incorporated in the State of Washington on June 5, 1968 for the
primary  purpose  of  acquiring mining claims and exploring for precious mineral
deposits.  As  of  December  31,  1990, the Company abandoned all mining claims.

Revenues  and  expenses  are  recognized under the accrual method of accounting.

Costs  incurred in the acquisition, exploration and development of mining claims
and  permits  are  capitalized.  These  costs  would  be  amortized  on  the
units-of-production  basis  based  upon  the  production  of  commercial mineral
deposits.  Costs  incurred  for abandoned or unrenewed mining claims and permits
are  charged  to  operating  expenses at the time of abandonment or non-renewal.

Earnings  (loss)  per share are calculated using the weighted average method for
outstanding  shares.

The  preparation  of  the  financial  statements  in  conformity  with generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that  affect  the  amounts reported in the financial statements and
accompanying  notes.  Actual  results  could  differ  from  those  estimates.


NOTE  2  -  INCOME  TAXES

There  is  a  net  operating  loss  carryover  of  $1,533,223 for the year ended
December  31, 1992.  $9,133 in net operating loss carryovers will expire in 1992
if  not  utilized.  The  Company  has  not recorded a deferred tax asset for the
future  potential  benefit  of  the  net operating loss carryovers because it is
highly  unlikely  that  they  will  be  utilized  prior  to  their  expiration.
























<PAGE>
                             QUAD METALS CORPORATION
                             FORM 10-K ANNUAL REPORT
                                DECEMBER 31, 1992


                                    PART III

ITEM  10  -  DIRECTORS  AND  EXECUTIVE  OFFICERS  OF  THE  REGISTRANT

(a)  Identification  of  Directors.


Name of Director               Age  History
-----------------------------  ---  --------------------------------------------
Stanley  Harrison               66   Mr. Harrison has been a director and Vice
E. 10900 Wolf Lodge Bay Road         President of the Registrant since
Coeur d' Alene, ID  83814            October  1984.


The  bylaws  of the Company provide that each Director serve for a period of one
year  or  until  his  successor  is  elected  and  qualified.

There  are  no arrangements or understanding between any of the Directors or any
other  persons pursuant to which any Director is to be selected as a Director or
nominee.

(b)  Identification  of  Executive  Officers.


Name of Director               Age  History
-----------------------------  ---  --------------------------------------------
Stanley  Harrison               66  Vice  President


Each Officer serves in the position indicated after his name for a period of one
year  or  until  his  successor  is  elected  and  qualified.

(c)  Identification  of  Certain  Significant  Employees.

The  Registrant  has  no  significant  employees.

(d)  Family  Relationships.

None  of  the Officers or Directors is related by blood, marriage or adoption to
any  other  of  the  Officers  or  Directors.

(e)  Business  Experience.

Stanley  Harrison  has  many years experience in mining exploration, development
and  production  in  the  Coeur d' Alene Silver Belt of Northern Idaho.  He owns
interests  in  several  of the smaller mining companies in that and other areas.

(f)  Involvement  in  Certain  Legal  Proceedings.

None  of  the  Officers and Directors of the Registrant has been involved in any
bankruptcy,  insolvency or receivership proceedings as an individual or a member
of  any  partnership  or  corporation;  none  has  been  convicted in a criminal
proceeding.




<PAGE>
                             QUAD METALS CORPORATION
                             FORM 10-K ANNUAL REPORT
                                DECEMBER 31, 1992

ITEM  11  -  EXECUTIVE  COMPENSATION

(a)  (1)  Cash  Compensation:

None  of the Officers and Directors received any compensation for acting as such
in  1992.


(a)  (2)  Bonuses  and  Deferred  Compensation:

There  are  no  bonuses  or  deferred  compensation.


(b)  (1)  Compensation  Pursuant  to  Plans:

There  are no compensation plans.  There are no pension plans, stock options, or
stock  appreciation  rights,  and  none  is  proposed  for  the  future.


(c)  Other  Compensation:

None


(d)  Compensation  of  Directors:

(1)     Standard  Arrangements.

      There  are  no  standard  arrangements  for  compensating  Directors.

(2)  Other  Arrangements.

         There  are  no  other  arrangements  for  compensating  Directors.


(e)  Termination  of  Employment  and  Change  of  Control  Arrangements.

There are no compensatory plans or arrangements for compensation in the event of
termination  of  employment,  resignation,  retirement  etc.



















<PAGE>
                             QUAD METALS CORPORATION
                             FORM 10-K ANNUAL REPORT
                                DECEMBER 31, 1992

ITEM  12  -  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND
MANAGEMENT

(a)  Security  ownership  of  certain  beneficial  owners.

                                                  Amount & Nature of    Percent
Title of Class  Name of Beneficial Owner          Beneficial Ownership  of Class
--------------  --------------------------------  --------------------  --------
Common  Stock   Estate of Dr. Tibor Klobusicky    9,750,000 shares of
                                                  record and owned
                                                  beneficially            27.48%
Common  Stock   The Klobusicky Family Trust       2,000,000 shares of
                E. 6312 16th Ave.                 record and owned
                Spokane, WA 99203                 beneficially            5.63 %
Common  Stock   Klobusicky  Family  Partnership   1,000,000 shares of
                Spokane, WA 99203                 record and owned
                                                  beneficially             2.82%
Common  Stock   Elizabeth Klobusicky Mailender    2,250,000 shares of
                Haupstrasse 58                    record and owned
                7401 Remmingsheim W. Germany      beneficially             6.34%
Common  Stock   Iris  Momber                      2,250,000 shares of
                E. 3612 16th Ave                  record and owned
                Spokane, WA 99203                 beneficially             6.34%
Common  Stock   Nadine  Young                     2,250,000 shares of
                3804 Indigo                       record  and  owned
                Plano, Texas 75075                beneficially             6.34%
Common  Stock   Stanley  Harrison                 10,000,000 shares of
                E. 10900 Wolf Lodge Bay Road      record and owned
                Coeur d' Alene, ID 83814          beneficially            28.19%

(b)  Security  ownership  of  management.
     ------------------------------------


                                                  Amount & Nature of    Percent
Title of Class  Name of Beneficial Owner          Beneficial Ownership  of Class
--------------  --------------------------------  --------------------  --------
Common Stock    Estate of Tibor Klobusicky*       15,750,000              44.40%
Common  Stock   Stanley  Harrison                 10,000,000 shares of
                                                  record and owned
                                                  beneficially            28.19%
Total  of  all  Officers and Directors            25,750,000 shares of
                                                  record and owned
                                                  beneficially            72.59%

*  Includes  3,000,000  shares  of  held of record and owned beneficially by the
Estate  of  Tibor  Klobusicky and 12,750,000 as to which Tibor Klobusicky claims
beneficial  ownership  through  the  shares  held of record by the Family of Dr.
Tibor  Klobusicky,  The  Klobusicky  Family  Trust,  and  the  Klobusicky Family
Partnership  as  set  forth  in  Item  12(a)  above.








<PAGE>
                             QUAD METALS CORPORATION
                             FORM 10-K ANNUAL REPORT
                                DECEMBER 31, 1992


ITEM  13  -  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS

(a)  Transactions  with  Management  and  Others.
     --------------------------------------------

There have been no transactions or series of transactions since the beginning of
the  Registrant's  last  fiscal  year,  nor  are  there  any  currently proposed
transactions  or  series  of similar transactions to which the Registrant or any
Director  or  Executive  Officer  of  the Registrant, any security holder who is
known  to  the  Registrant  to own of record or beneficially more than 5% of any
class  of  the  registrant's  voting  securities, or any member of the immediate
family  of  any  of  the  foregoing persons involving any amount.  (There are no
nominees  for  election  as  Director  of  the  Registrant).


(b)  Certain  Business  Relationships.
     ---------------------------------

There  have  been no relationships during the last fiscal year of the Registrant
between  the  Registrant, or affiliates as described in Item 404(b) (1-6) of the
Regulation  S-K.

(c)  Indebtedness  of  Management.
     -----------------------------

No  Director  or  Executive  Officer  of  the  Registrant, nor any member of the
immediate  family  of  any such, nor any corporation, nor any trust or estate or
any  other  entity  is  indebted  in  any  amount  to  the  Registrant.

(d)  Transactions  with  Promoters.
     ------------------------------

Not  applicable.


                                     PART IV

ITEM 14 - EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

(a)     Financial  Statements.

Included  in  Part  II  of  the  report.


(b)  Exhibits

No  additional  exhibits  are  filed  as  a  part  of  this  report.

(c)  Reports  on  Form  8-K

No reports on Form 8-K were filed by the Registrant during  the last  quarter of
1992.





<PAGE>
                             QUAD METALS CORPORATION
                             FORM 10-K ANNUAL REPORT
                                DECEMBER 31, 1992



                                   SIGNATURES



Pursuant to the requirements of Section 13 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  authorized.


                             Quad Metals Corporation
                             -----------------------
                                  (Registrant)


/S/  Robert W. O'Brien          August  15,  2001
----------------------------    -----------------
Robert  W.  O'Brien                    Date
President  and  Director




Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following person on behalf of the registrant and in
the  capacities  and  as  of  the  date  indicated.


/S/  Robert W. O'Brien          August  15,  2001
----------------------------    -----------------
Robert  W.  O'Brien                    Date
President  and  Director