SECURITIES AND EXCHANGE COMMISSION

             WASHINGTON, D.C. 20549
                FORM 10-QSB

  [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR
15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For
the quarterly period ended September 30, 2002

  [ ] TRANSITION  REPORT  PURSUANT TO SECTION 13 OR
15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for
the transition period from _____to _____

      Commission File Number 33-15596-D

     Knickerbocker Capital Corporation
   (Exact Name of Registrant as specified
                in its Charter)
<TABLE>
<CAPTION>

                                                <c>
  Colorado                                      54-1059107
  (State or other Jurisdiction of          I.R.S. Employer Identi-
  Incorporation or Organization                fication No.)

  83-888 Avenue 51, Coachella, California            92236
  (Address of Principal Executive Offices)         (Zip Code)
</TABLE>
                (760) 398-9700
     (Registrant's Telephone Number,
            including Area Code)

  Indicate by check mark whether the Registrant (i)
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 (of for
such shorter period that the Registrant was
required to file such reports) and (ii) has been
subject to such filing requirements for 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.

Common Stock, $.001 par value        200,000
-----------------------------------------------
Title of Class                   Number of Shares
                                   outstanding at
                                September 30, 2002

  No Exhibits included.




<PAGE>2
Item 1. Financial Statements

            KNICKERBOCKER CAPITAL CORPORATION
                     BALANCE SHEET
<TABLE>
<CAPTION>
                                Sept. 30    Dec. 31,
                                 2002        2001

                               <c>          <c>
ASSETS:

Total Assets                   $    -0-    $    -0-
                                =======     =======

    LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT):

Current Liabilities:             50,000      50,000
                                -------     -------
      Total Liabilities:       $ 50,000    $ 50,000
                                -------     -------
STOCKHOLDERS' EQUITY (DEFICIT):

Common Stock:
 500,000,000 shares authorized,
 $0.001 par value, 200,000
 shares issued and outstanding $261,374    $261,374

Preferred stock:
 50,000,000 Shares authorized,
 $0.01 par value, no shares
 issued and outstanding               -           -
Additional Paid-In Capital       90,845      90,845

Accumulated (Deficit)          (402,219)   (402,219)
                               --------    --------
Total Stockholders'(Deficit)   $(50,000)   $(50,000)
                               --------    --------
      Total Liabilities and
       Stockholders' Deficit   $    -0-    $    -0-
                                =======     =======
</TABLE>


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










<PAGE>3

         KNICKERBOCKER CAPITAL CORPORATION
            STATEMENTS OF OPERATIONS
         For the 3 and 9 Months ended
<TABLE>
<CAPTION>
                                       3 Months Sept. 30,   9 Months Sept. 30,
                                     2002         2001      2002          2001

                                  <c>           <c>       <c>           <c>
                                  ----------------------    -------------------
Revenue/Income                    $     -0-    $      -0-  $  -0-        $  -0-

Operating Expenses                      -0-           -0-     -0-           -0-
                                   --------     ---------   -----         -----
Total Operating Expense           $     -0-    $      -0-  $  -0-        $  -0-
                                   --------     ---------   -----         -----
Net (Loss) Income from Operations $     -0-    $      -0-  $  -0-        $  -0-
                                   ========     =========   =====         =====

Weighted average number of
 shares outstanding                200,000       200,000   200,000      200,000
                                   -------       -------   -------      -------

Net(Loss) Income per Share        $    -0-     $     -0-   $   -0-      $   -0-
                                   =======      ========    ======       ======
</TABLE>

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







<PAGE>4


           KNICKERBOCKER CAPITAL CORPORATION
             STATEMENTS OF CASH FLOWS
       For the 3 and 9 Months Ended, September 30
<TABLE>
<CAPTION>
                                      3 Months Sept. 30,    9 Months Sept. 30,
                                      2002          2001    2002          2001
                                      ------------------    ------------------

                                   <c>           <c>     <c>            <c>
Cash Flows From
 Operating Activities:

Net Profit (Loss)                $     -0-    $      -0-   $ -0-         $ -0-

Adjustments to Reconcile
 Net Loss to Net Cash Used
 from Operations                       -0-           -0-     -0-           -0-
                                  --------     ---------   -----         -----
Net Cash Provide (Used) by
 Operating Activities            $     -0-    $      -0-   $ -0-         $ -0-

Increase (Decrease) in Cash            -0-           -0-     -0-           -0-

Cash and Cash Equivalents,
 Beginning of Period                   -0-           -0-     -0-           -0-
                                  --------     ---------   -----         -----
Cash and Cash Equivalents,
 End of Period                   $     -0-    $      -0-   $ -0-         $ -0-
                                  ========     =========   =====         =====
</TABLE>


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





<PAGE>5

KNICKERBOCKER CAPITAL CORPORATION
(A Development Stage Company)
NOTES TO FINANCIAL STATEMENTS
September 30, 2002

GENERAL.
The condensed consolidated financial statements of
Knickerbocker Capital Corporation included herein,
have been prepared without audit pursuant to the
rules and regulations of the Securities and
Exchange Commission.  Although certain information
normally included in financial statements prepared
in accordance with generally accepted accounting
principles has been condensed or omitted,
Knickerbocker believes that the disclosures are
adequate to make the information presented not
misleading.  The condensed financial statements for
the three and nine month periods ended September
30, 2002 should be read in conjunction with the
financial statements and notes thereto included in
this report, the three month and six month periods
ending March 31 and June 30, 2002, and, the
Knickerbocker Annual Report on Form 10-KSB for the
fiscal year ended December 31, 2001.

The condensed consolidated financial statements
included herein reflect all normal recurring
adjustments that, in the opinion of management, are
necessary for fair presentation.  The results for
the interim period are not indicative of trends or
of results to be expected for a full year.

The Company has not commenced operations and has no
working capital.

NOTE 1 - ORGANIZATION:

Knickerbocker Capital Corporation, (the "Company")
commenced operations with certain nominal
operations on November 6, 1986 upon establishing a
bank account and subsequently incorporating in the
State of Colorado on February 24, 1987 for the
purpose of acquiring an interest in unspecified
business opportunities through merger or
acquisitions.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES:

Public Stock Offering:

On April 7, 1988 the Company completed a public
stock offering and raised $300,000.  Stock offering
costs were $38,430 and were offset against the
proceeds.

<PAGE>6

Reverse acquisition and Subsequent Business
Discontinuance:

On June 10, 1988, Knickerbocker Capital Corporation
entered into an agreement to acquire a concrete
formula and rights to produce and sell the product
from Promotional Video Productions, Inc. (PVP), a
Nevada corporation.  PVP had been incorporated
April 27, 1987 to acquire the aforementioned
product and rights.  As a result of the agreement,
the Company issued common stock for 100% of the
common stock of PVP.  The transaction has been
treated as a reverse acquisition in that PVP
acquired the net assets of the Company.

The Company issued 29,775,000 shares in connection
with the reverse acquisition by PVP, the cost of
acquisition and issuance of shares were offset
against the pre-Capitalization equity and resulted
in a discount to the common stock.  The concrete
business was not a profitable business and was
discontinued in 1990.  There have been no
significant operations since that date.

Fixed Assets:

Fixed assets were depreciated on a straight line
basis commencing in the month the asset was
purchased and placed in service.  The fixed assets
were sold at a loss in 1989, and the resulting
charge was to operations and is included in
accumulated deficit.

NOTE 3 - GOING CONCERN AND INCIDENTAL COSTS:

The Company has had no significant business
activity since 1990.  The Company incurred
significant losses from operations until 1990 and
certain other incidental costs and expenses in 1995
and 1994.  The Company has a significant
accumulated deficit and no assets.  These factors
indicate that the Company may be unable to continue
in existence.  The financial statements do not
include any adjustments relating to the amounts and
classification of liabilities that might be
necessary in the event the Company cannot continue
in existence.

Incidental costs to maintain the legal registration
of the Company in the State of Colorado and with
the Securities Exchange Commission have been paid
or assumed by the current officers and directors.


<PAGE>7

Item 2.  MANAGEMENTS' DISCUSSION AND ANALYSIS OF
RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

The Company has not commenced operations and has no
working capital.

Capital and Source of Liquidity.   Knickerbocker
does not expect to purchase any plant or
significant equipment.

Other than incidental costs mentioned previously in
Financial Note 3 that pertain to maintaining the
Company's legal registration, there are no major
cash requirements.

For the three month and nine month periods ended
September 30, 2002 and 2001, Knickerbocker did not
pursue any financing activities.

For the three month and nine month periods ended
September 30, 2002 and 2001, the Company did not
pursue any investing activities.

Results of Operations.
For the three and nine months ended September 30,
2002 and 2001, Knickerbocker has not received any
revenues from operations.

General and administrative expenses for the three
and nine month periods ended September 30, 2002
were $-0-, resulting in a loss from operations of
$(0.0).

General and administrative expenses for the three
and nine month periods ended September 30, 2001
were $-0-, resulting in a loss from operations of
$(0.0).

Item 3. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management, under the supervision and with the
participation of our chief executive officer and
chief financial officer, conducted an evaluation
of our "disclosure controls and procedures" (as
defined in Securities Exchange Act of 1934 (the
"Exchange Act") Rules 13a-14(c)) within 90 days of
the filing date of this quarterly report on Form
10QSB (the "Evaluation Date").  Based on their
evaluation, our chief executive officer and chief
financial officer have concluded that as of the
Evaluation Date, our disclosure controls and
procedures are effective to ensure that all



<PAGE>8

material information required to be filed in this
quarterly report on Form 10QSB has been made known
to them in a timely fashion.

Changes in Internal Controls

There have been no significant changes (including
corrective actions with regard to significant
deficiencies or material weaknesses) in our
internal controls or in other factors that could
significantly affect these controls subsequent to
the Evaluation Date set forth above.


          PART II.  OTHER INFORMATION

Item 1.  LEGAL PROCEEDINGS
                 None

Item 2.  CHANGES IN SECURITIES
                 None

Item 3.  DEFAULTS UPON SENIOR SECURITIES
                 None

Item 4.  SUBMISSION OF MATTER TO A VOTE OF SECURITY
HOLDERS
                 None

Item 5.  OTHER INFORMATION
                 None

Item 6.  EXHIBITS AND REPORTS ON FORM 8-K
                 None




                   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.

Date:     November 5, 2002
By:   /s/ Dempsey K. Mork
---------------------------

Dempsey K. Mork
President and Chief
Executive Officer



<PAGE>9

               CERTIFICATIONS

I, Dempsey Mork, certify that:

1.   I have reviewed this quarterly report on Form 10QSB of
Knickerbocker Capital Corporation.

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

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

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

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

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

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

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

(a)   all significant deficiencies in the design or
operation of internal controls which could adversely affect
the registrant's ability to record, process, summarize and



<PAGE>13

report financial data and have identified for the
registrant's auditors any material weaknesses in internal
controls; and

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

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

Date:  November 18, 2002

/s/Dempsey Mork
--------------------------
Dempsey Mork
Chief Executive Officer
Chief Financial Officer