U.S. 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
EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2002

                                           OR

[ ] 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: 0-28177


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

                 Nevada                                  91-1886117
(State or jurisdiction of incorporation               (I.R.S. Employer
              or organization)                         Identification No.)

     1201 East Warner Avenue, Santa Ana, California              92705
      (Address of principal executive offices)                 (Zip Code)

                Registrant's telephone number:  (714) 966-0710

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

     Securities registered pursuant to Section 12(g) of the Act: Common
                         Stock, $0.001 Par Value

     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) been subject to such filing requirements for the past 90 days.
Yes     X       No            .

     As of March 31, 2002, the Registrant had 20,942,477 shares of
common stock issued and outstanding.

     Transitional Small Business Disclosure Format (check one): Yes    No X.

                                  TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION                                          PAGE

     ITEM 1.  FINANCIAL STATEMENTS

              BALANCE SHEET (UNAUDITED)
              AS OF MARCH 31, 2002                                         3

              STATEMENTS OF OPERATIONS (UNAUDITED)
              FOR THE THREE MONTHS ENDED
              MARCH 31, 2002 AND MARCH 31, 2001,
              AND FOR THE PERIOD FROM FEBRUARY 3, 1998
              (DATE OF INCEPTION) THROUGH
              MARCH 31, 2002                                               4

              STATEMENTS OF CASH FLOWS (UNAUDITED)
              FOR THE THREE MONTHS ENDED
              MARCH 31, 2002 AND MARCH 31, 2001,
              AND FOR THE PERIOD FROM FEBRUARY 3, 1998
              (DATE OF INCEPTION) THROUGH
              MARCH 31, 2002                                               5

              NOTES TO FINANCIAL STATEMENTS (UNAUDITED)                    7

     ITEM 2.  PLAN OF OPERATION                                            9

PART II - OTHER INFORMATION

     ITEM 1.  LEGAL PROCEEDINGS                                           17

     ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS                   17

     ITEM 3.  DEFAULTS UPON SENIOR SECURITIES                             18

     ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS         18

     ITEM 5.  OTHER INFORMATION                                           18

     ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K                            18

SIGNATURE                                                                 18

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCAL STATEMENTS.

                                 EVERLERT, INC.
                          (A Development Stage Company)
                                 BALANCE SHEET
                                 MARCH 31, 2002
                                   (Unaudited)

                                      ASSETS

Current assets
Cash                                                           $     564
Total current assets                                                 564

Fixed assets, net                                                 43,328

Other assets
Acquired technology, net                                               -

Total assets                                                      43,892

                   LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
Accounts payable                                                   9,399
Accrued liabilities                                              114,679
Due to related parties                                           124,115
Notes payable - related party                                    411,529
Total current liabilities                                        659,722

Total liabilities                                                659,722

Commitments and contingencies                                          -

Stockholders' deficit
8% cumulative preferred stock; $.001 par value;
5,000,000 shares authorized, 16,000 shares
issued and outstanding                                                16

Common stock; $.001 par value; 50,000,000
shares authorized, 20,942,477 shares
issued and outstanding                                            20,942

Additional paid-in capital                                     1,992,176
Common stock issued for prepaid consulting services              (40,000)

Notes receivable for common stock
issuance, net                                                          -

Accumulated deficit                                           (2,588,964)

Total stockholders' deficit                                     (615,830)

Total liabilities and stockholders' deficit                       43,892

                  See Accompanying Notes to Financial Statements

                                  EVERLERT, INC.
                          (A Development Stage Company)
                             STATEMENTS OF OPERATIONS
                                    (Unaudited)

<TABLE>
<CAPTION>
                                                                                        Period from
                                                                                         February 3
                                                                                            1998
                                                                                    (Date of inception)
                                   For the three months ended March 31                    through
                                        2002                2001                      March 31, 2002
<S>                                   <C>                 <C>                        <C>
Revenue                               $         -         $         -                $         -

Operating expenses
Amortization and depreciation              36,215              33,578                    418,699
Bad debt                                        -                   -                    917,625
Research and development                        -                   -                    237,149
General and administrative                 61,655              34,334                    896,679

Total operating expenses                   97,870              67,912                  2,470,152

Loss from operations                      (97,870)            (67,912)                (2,470,152)

Other expense
Interest expense                           10,288              10,288                    118,812

Loss before provision for
income taxes                             (108,158)            (78,200)                (2,588,964)

Provision for income taxes                      -                   -                          -

Net loss                                 (108,158)            (78,200)                (2,588,964)

Basic and diluted loss per common share     (0.01)              (0.00)                     (0.19)

Basic and diluted weighted average
common shares outstanding              20,382,477          20,016,921                 13,377,402
</TABLE>

                     See Accompanying Notes to Financial Statements

                                    EVERLERT, INC.
                           (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                        Period from
                                                                                         February 3
                                                                                            1998
                                                                                    (Date of inception)
                                   For the three months ended March 31                    through
                                        2002                2001                      March 31, 2002
<S>                                   <C>                 <C>                        <C>

Cash flows from operating activities:
Net loss                               $   (108,158)      $     (78,200)             $    (2,588,964)
Adjustments to reconcile net loss to
net cash provided (used) by operating
activities:
Amortization and depreciation                36,215              33,578                      418,699
Bad debt                                          -                   -                      917,625
Interest and financing costs
Satisfied In exchange of common stock             -                   -                       23,375
Stock based compensation                     55,000              10,000                      344,900

Changes in operating assets and
liabilities:
Increase (decrease) in accounts
payable                                      (4,817)            (13,540)                       9,400
Increase in accrued liabilities              10,289              10,288                      114,679
Increase in due to related parties           12,000              11,915                      124,115
Net cash provided (used) by
operating activities                            529             (25,959)                    (636,171)

Cash flows from investing activities:
Purchase of fixed assets                          -                   -                      (53,500)
Net cash used by investing activities             -                   -                      (53,500)

Cash flows from financing activities:
Net proceeds from issuance of notes
payable - related parties                         -                   -                      241,930

Net proceeds from issuance of note
payable                                           -                   -                      205,599

Proceeds from issuance of preferred
stock                                             -              25,000                       48,001

Proceeds from issuance of common stock            -               5,000                      116,932

Proceeds from issuance of stock
subscriptions payable                             -                   -                       77,773

Net cash provided by financing
activities                                        -              30,000                      690,235

Net increase in cash                            529               4,041                          564

Cash, beginning of period                        35               4,136                            -

Cash, end of period                             564               8,177                          564

Supplemental disclosure of cash flow:
Cash paid for interest                            -                   -                       14,000

Schedule of non-cash investing and
financing activities:
12,000,000 common shares issued in
exchange for acquired technology                  -                   -                      408,528

 300,000 common shares issued in
exchange for notes receivable for common
stock issuance                                    -                   -                      450,000

 300,000 common shares issued in
exchange for notes receivable for common
stock issuance                                    -                   -                      525,000

 Debt satisfied in exchange of common
Stock                                             -                   -                       34,000

 40,000 common shares issued for
payment of debt                                   -                   -                        2,000

 200,000 common shares issued in
exchange For prepaid consulting services          -                   -                      100,000

 Other payable satisfied through
issuance of 15,000 common shares                  -                   -                        3,241

 Other payable satisfied through
issuance of 344,992 common shares                 -                   -                       74,532

 Other payables satisfied through
issuance of 359,992 common shares                 -                   -                       77,773
</TABLE>


                   See Accompanying Notes to Financial Statements

                                  EVERLERT, INC.
                          (A Development Stage Company)
                           NOTES TO FINANCIAL STATEMENTS
                                    (Unaudited)

1.  BASIS OF PRESENTATION

The accompanying financial statements have been prepared in accordance
with Securities and Exchange Commission requirements for interim
financial statements.  Therefore, they do not include all of the
information and footnotes required by generally accepted accounting
principles for complete financial statements.  The financial
statements should be read in conjunction with the Form 10-KSB as of
and for the year ended December 31, 2001 of Everlert, Inc. ("the
Company").

The results of operations for the interim periods shown in this report
are not necessarily indicative of results to be expected for the full
year.  In the opinion of management, the information contained herein
reflects all adjustments necessary to make the results of operations
for the interim periods a fair statement of such operation.  All such
adjustments are of a normal recurring nature.

2.  NOTES PAYABLE - RELATED PARTIES

Notes payable - related parties consist of the following at March 31,
2002:

Promissory note payable to Wyvern Technologies, Inc.
(an entity controlled by the president of the Company),
unsecured, bearing an interest rate of 10% and due on
demand.  Holder has option to convert unpaid balances,
including accrued interest, into shares of the Company's
common stock at a price of $1.00 per share                       $  173,670

Promissory note payable to a director of the Company,
unsecured, bearing an interest rate of 10% and due on
demand.  Holder has option to convert unpaid balances,
including accrued interest, into shares of the Company's
common stock at a price of $1.00 per share                           68,260

Promissory note payable to James T. Marsh,
unsecured, bearing an interest rate of 10% and
due on demand.  Holder has option to convert unpaid balances,
including accrued interest, into shares of the Company's
common stock at a price of $1.00 per share                          169,599

                                                                  $ 411,529

3.  STOCKHOLDERS' DEFICIT

During the three months ended March 31, 2002, the Company issued
900,000 common shares for legal services totaling $45,000.

During the three months ended March 31, 2002, the Company recognized
$10,000 of the $100,000 ($0.50 per share) prepaid consulting services
for the August 3, 2000 issuance of 200,000 shares of its common stock.

4.  GOING CONCERN

The Company incurred a net loss of approximately $108,000 for the
three months ended March 31, 2002, and the Company's current
liabilities exceed its current assets by approximately $659,000 as of
March 31, 2002, raising substantial doubt about the Company's ability
to continue as a going concern.  The Company plans to complete the
development of its voice record and playback smoke detector, along
with the heat sensor Christmas tree ornaments.  The Company will seek
additional sources of capital through the issuance of debt or equity
financing, but there can be no assurance the Company will be
successful in accomplishing its objectives.

The ability of the Company to continue as a going concern is dependent
on additional sources of capital and the success of the Company's
plan.  The financial statements do not include any adjustments that
might be necessary if the Company is unable to continue as a going
concern.

ITEM 2.  PLAN OF OPERATION.

Twelve Month Plan of Operation.

     The operational period for the 50 months from February 3,  1998
through March 31, 2002 achieved two main goals for the Registrant: (a)
formation of the organization to pursue the Registrant's business
objective, and (b) obtain sufficient capital to commence initial
operations.  The Registrant is a developmental stage enterprise, and
has not generated any revenues to date.  The Registrant  has devoted
substantially all of its present efforts to developing its products to
be manufactured and marketed and completing its reporting requirements
with the Securities Act of 1934 and its commencement of trading on the
Over-the-Counter Bulletin Board (the Registrant was delisted from this
exchange as of November 18, 1999, but relisted on February 12, 2002
after the Securities and Exchange Commission ("SEC") had no further
comments on its Form 10-SB filing).

     Realization of sales of the Registrant's products for the 12
months ending on December 31, 2002 is vital to its plan of operations.
The Registrant believes that its initial revenues will be primarily
dependent upon its ability to cost-effectively and efficiently develop
and market smoke and heat detectors.  The Registrant designates as its
priorities for the first next twelve months of operations as
developing and marketing its products to establish its operations by:
(a)  implementing and successfully executing its business and
marketing strategy, including developing and  marketing its products
to establish its business in the home safety industry (this is
presently on hold pending the receipt of further financing for the
Registrant; costs are estimated to be approximately $500,000); (b)
developing relationships with strategic partners (this must await
further funding for the Registrant); (c) responding to competitive
developments (the Registrant has already accomplished this by
designing its detector products to offer features not found in
competing models); and (d) attracting, retaining and motivating
qualified personnel (this must await further funding for the Registrant).

     Management of the Registrant believes that the need for
additional capital going forward will be derived somewhat from
earnings generated from the sale of its products.  In such case, it is
the intent of the Registrant to seek to raise additional capital via a
private placement offering.

     As a result, management of the Registrant plans to advance funds
to the Registrant on an as-needed basis although there is no
definitive or legally binding arrangement to do so.  The Registrant
currently has no arrangements or commitments for accounts and
accounts receivable financing.  There can be no assurance that any
such financing  can be obtained or, if obtained that it will be on
reasonable terms.  The Registrant believes that its initial  revenues
will be primarily dependent upon the Registrant's  ability to cost
effectively and efficiently develop, manufacture and market smoke
detectors and related home safety products.

     The Registrant incurred significant operating expenses for the 50
months from February 3,  1998 through March 31, 2002 totaling
$2,470,152.  Expenditures for the three months ended March 31, 2002
were primarily due to costs incurred for amortization, consulting
fees, and accounting services.  Comparison of the three months ended
March 31, 2002 to the three months ended March 31, 2001 shows an
increase of $27,321 for general and administrative expenses.    The
increase in general and administrative expenses is due to an increase
in consulting fees during the year.  Provided funds are available,
additional research and development expenditures may be required as
needs are identified to meet laboratory testing requirements and/or as
product enhancements are identified.

     Due to the significant operating expenses, as well as interest
expense in the amount of $118,812, the Registrant experienced a net
loss of $2,588,964 for this 50 month period.  The Registrant
anticipated incurring this loss during the initial commencement of
operations until such time that it will realize revenues from
operations.  As of December 31, 2001, the Registrant had no working
capital and an accumulated deficit of $2,588,964.

     The Registrant's ability to distribute, and generate awareness
of, the Registrant's products must be considered in light of the
risks, expenses and difficulties frequently  encountered by companies
in their early stage of development, particularly companies in new
markets.  There can be no assurance that the Registrant will be
successful in establishing a base of operations, and the failure to do
so could have a material adverse effect on the Registrant's business,
prospects, financial condition and results of operations.

     The Registrant has previously disclosed in filings with the SEC
and on its website that it is expected to generate revenues of a
certain amount over the first five years of operations.  However,
based on the lack of funding available to the Registrant, it has been
unable to proceed with its plan of business; therefore, the Registrant
will not achieve the projected stream of revenue, as originally
anticipated.  As a result, all references to such revenues have been
deleted from SEC filings and the Registrant website.

Risk Factors Connected with Plan of Operation.

(a)  Limited Prior Operations, History of Operating Losses, and
Accumulated Deficit May Affect Ability of Registrant to Survive.

     The Registrant has had limited prior operations to date.  Since
the Registrant's principal activities to date have been limited to
organizational activities, research and development, and prospect
development, it has no record of any revenue-producing operations.
Consequently, there is only a limited operating history upon which to
base an assumption that the Registrant will be able to achieve its
business plans.  In addition, the Registrant has only limited assets.
As a result, there can be no assurance that the Registrant will
generate significant revenues in the future; and there can be no
assurance that the Registrant will operate at a profitable level.  If
the Registrant is unable to obtain customers and generate sufficient
revenues so that it can profitably operate, the Registrant's business
will not succeed.  Accordingly, the Registrant's prospects must be
considered in light of the risks, expenses and difficulties frequently
encountered in connection with the establishment of a new business in
a highly competitive industry, characterized by new product introductions.

     The Registrant incurred a net loss of $1,268,621 for the fiscal
year ended December 31, 2000, $332,601 for the fiscal year ended
December 31, 2001, and $108,158 for the three months ended March 31,
2002.  The Registrant's current liabilities exceed its current assets
by $534,325 as of December 31, 2000, $642,216 as of December 31, 2001,
and $659,158 as of March 31, 2002.  At March 31, 2002, the Registrant
had an accumulated deficit of $2,588,964; as of that date, the
Registrant had no working capital.  This raises substantial doubt
about the Registrant's ability to continue as a going concern.

(b)  Need for Additional Financing May Affect Operations and Plan of
Business.

     Since inception, the Registrant has financed operations
primarily through private  placements of common stock, and certain
borrowings.  In addition, two promissory notes between the Registrant
and its directors totaling $241,930, and a promissory note between the
Registrant and James T. Marsh totaling $169,599 (both figures as of
March 31, 2002).  These promissory notes are unsecured, due on demand
and payable in one payment including principal and interest at
maturity, bearing an interest rate of 10%.  Additionally, the holder
has the option to convert any unpaid balances, including accrued
interest, into shares of the Registrant's common stock at a price of
$1.00 per share.

     Current funds available to the Registrant will not be adequate
for it to be competitive in the areas in which it intends to operate.
The Registrant's continued operations, as well as the implementation
of its business plan, therefore will depend upon its ability to raise
additional funds through bank borrowings, equity or debt financing.
The Registrant estimates that it will need to raise approximately
$1,000,000 over the twelve months from March 31, 2002 for such
purposes.  However, adequate funds may not be available when needed or
may not be available on favorable terms to the Registrant.  The
ability of the Registrant to continue as a going concern is dependent
on additional sources of capital and the success of the Registrant's
business plan.  Regardless of whether the Registrant's cash assets
prove to be inadequate to meet the Registrant's operational needs, the
Registrant might seek to compensate providers of services by issuance
of stock in lieu of cash.

     If funding is  insufficient at any time in the future,  the
Registrant may not be able to take advantage of business opportunities
or respond to competitive pressures, any of which could have a
negative impact on the business, operating results and financial
condition.  In addition, if additional shares were issued to obtain
financing, current shareholders may suffer a dilutive effect on their
percentage of stock ownership in the Registrant.

(c)  No Assurance of Protection of Proprietary Rights May Affect
Ability to Manufacture Products.

     The Registrant's success and ability to compete will be dependent
in part on the protection of its potential patents, trademarks, trade
names, service marks and other proprietary  rights.  The Registrant
intends to rely on trade secret and copyright laws to protect the
intellectual property that it plans to develop, but there can be no
assurance that such laws will provide sufficient  protection to the
Registrant, that others will not develop a service that are  similar
or superior to the Registrant's, or that third parties will not copy
or otherwise obtain and use the Registrant's proprietary information
without authorization.  In addition, certain of the Registrant's know-
how and proprietary technology may not be patentable.

     The Registrant may rely on certain intellectual property licensed
from third parties, and may be required to license additional products
or services in the future, for use in the general operations of its
business plan.  The Registrant currently has no licenses for the use
of any specific products.  There can be no assurance that these third
party licenses will be available or  will continue to be available to
the Registrant on acceptable terms or at all.  The inability to enter
into and  maintain any of these licenses could have a material
adverse effect on the Registrant's business, financial condition or
operating results.

(d)  No Assurance of Meeting Underwriters Laboratories Standard May
Affect Ability to Sell Products.

     The agency testing required for Registrant products is
Underwriters Laboratories ("UL"), which is a private testing
organization.  The Registrant's products have not yet been submitted
to UL for testing pending final tooling of the products.  Although
Registrant management believes that the Registrant's products meet
applicable UL Standard 217, there is a risk that they may not.  This
testing is of importance since many state fire marshals recognize UL
testing and listing.  The Registrant's products would not be available
to sale in any state which requires such certification; although they
would be in a number of foreign countries which do not require such
certification.

(e)  No Assurance of Successful Manufacturing May Affect Ability of
Registrant to Survive.

     The Registrant has no experience manufacturing commercial
quantities of products, but management has had experience in this
area.  The Registrant presently has no plans for developing an in-
house manufacturing capability.  Accordingly, the Registrant will be
dependent upon securing a contract manufacturer or other third party
to manufacture the circuit boards and plastic housing of the detectors
(the final assembly and testing will be done in-house).  There can be
no assurance that the terms of any such arrangement would be favorable
enough to permit the products to compete effectively in the
marketplace.

(f)  Dependence on Outsourced Manufacturing May Affect Ability to
Bring Products to Market.

     The risks of association with outsourced manufacturers are
related to aspects of these firms' operations, finances and suppliers.
The Registrant may suffer losses if the outside manufacturer fails to
perform its obligations to manufacture and ship the product
manufactured.  These manufacturers' financial affairs may also affect
the Registrant's ability to obtain product from these firms in a
timely fashion should they fail to continue to obtain sufficient
financing during a period of incremental growth.  The Registrant
intends to maintains a strong relationship with these manufacturers to
ensure that any issues they may face are dealt with in a timely manner.

(g)  No Assurance of Market Acceptance May Affect Ability to Sell
Products.

     There can be no assurance that any products successfully
developed by the Registrant or its corporate collaborators, if
approved for marketing, will ever achieve market acceptance.  The
Registrant's products, if successfully developed, may compete with a
number of traditional products manufactured and marketed by major e-
commerce and technology companies, as well as new products currently
under development by such companies and others.  The degree of market
acceptance of any products developed by the Registrant or its
corporate collaborators will depend on a number of factors, including
the establishment and demonstration of the efficacy of the product
candidates, their potential advantage over alternative methods and
reimbursement policies of government and third party payors.  There
can be no assurance that the marketplace in general will accept and
utilize any products that may be developed by the Registrant or its
corporate collaborators.

(h)  Substantial Competition May Affect Ability to Sell Products.

     The Registrant may experience substantial competition in its
efforts to locate and attract customers for its products.  Many
competitors in the smoke detector industry have greater experience,
resources, and managerial capabilities than the Registrant and may be
in a better position than the Registrant to obtain access to attract
customers.  There are a number of larger companies which will directly
compete with the Registrant.  Such competition could have a material
adverse effect on the Registrant's profitability or viability.

(i)  Other External Factors May Affect Viability of Registrant.

     The smoke detector industry in general is a speculative venture
necessarily involving some substantial risk. There is no certainty that
the expenditures to be made by the Registrant will result in
commercially profitable business.  The marketability of its products
will be affected by numerous factors beyond the control of the
Registrant.  These factors include market fluctuations, and the general
state of the economy (including the rate of inflation, and local
economic conditions), which can affect peoples' spending.  Factors
which leave less money in the hands of potential customers of the
Registrant will likely have an adverse effect on the Registrant.  The
exact effect of these factors cannot be accurately predicted, but  the
combination of these factors may result in the Registrant not receiving
an adequate return on invested capital.

(j)  Control by Officers and Directors Over Affairs of the Registrant
May Override Wishes of Other Stockholders.

     The Registrant's officers and directors beneficially own
approximately 70% of the outstanding shares of the Registrant's common
stock.  As a result, such persons, acting together, have the ability
to exercise significant influence over all matters requiring
stockholder approval.  Accordingly, it could be difficult for the
investors hereunder to effectuate control over the affairs of the
Registrant.  Therefore, it should be assumed that the officers,
directors, and principal common shareholders who control these voting
rights will be able, by virtue of their stock holdings, to control the
affairs and policies of the Registrant.

(k)  Loss of Any of Current Management Could Have Adverse Impact on
Business and Prospects for Registrant.

     The Registrant's success is dependent upon the hiring and
retention of key personnel.  None of the officers or directors has any
employment or non-competition agreement with the Registrant.
Therefore, there can be no assurance that these personnel will remain
employed by the Registrant.  Should any of these individuals cease to
be affiliated with the Registrant for any reason before qualified
replacements could be found, there could be material adverse effects on
the Registrant's business and prospects.

     In addition, all decisions with respect to the management of the
Registrant will be made exclusively by the officers and directors of
the Registrant.  Investors will only have rights associated with
stockholders to make decisions which effect the Registrant.  The
success of the Registrant, to a large extent, will depend on the
quality of the directors and officers of the Registrant.  Accordingly,
no person should invest in the shares unless he is willing to entrust
all aspects of the management of the Registrant to the officers and
directors.

(l)  Potential Conflicts of Interest May Affect Ability of Officers
and Directors to Make Decisions in the Best Interests of Registrant.

     The officers and directors have other interests to which they
devote time, either individually or through partnerships and
corporations in which they have an interest, hold an office, or serve
on boards of directors, and each will continue to do so
notwithstanding the fact that management time may be necessary to the
business of the Registrant. As a result, certain conflicts of interest
may exist between the Registrant and its officers and/or directors
which may not be susceptible to resolution.

     In addition, conflicts of interest may arise in the area of
corporate opportunities which cannot be resolved through arm's length
negotiations.  All of the potential conflicts of interest will be
resolved only through exercise by the directors of such judgment as is
consistent with their fiduciary duties to the Registrant.  It is the
intention of management, so as to minimize any potential conflicts of
interest, to present first to the Board of Directors to the
Registrant, any proposed investments for its evaluation.

(m)  Limitations on Liability, and Indemnification, of Directors and
Officers May Result in Expenditures by Registrant.

     The Registrant's Articles of Incorporation include provisions to
eliminate, to the fullest extent permitted by the Nevada Revised
Statutes as in effect from time to time, the personal liability of
directors of the Registrant for monetary damages arising from a breach
of their fiduciary duties as directors.  The By-Laws of the Registrant
include provisions to the effect that the Registrant may, to the
maximum extent permitted from time to time under applicable law,
indemnify any director, officer, or employee to the extent that such
indemnification and advancement of expense is permitted under such
law, as it may from time to time be in effect.  Any limitation on the
liability of any director, or indemnification of directors, officer,
or employees, could result in substantial expenditures being made by
the Registrant in covering any liability of such persons or in
indemnifying them.

(n)  Absence of Cash Dividends May Affect Investment Value of
Registrant's Stock.

     The Board of Directors does not anticipate paying cash dividends
on the common stock for the foreseeable future and intends to retain
any future earnings to finance the growth of the Registrant's
business. Payment of dividends, if any, will depend, among other
factors, on earnings, capital requirements and the general operating
and financial conditions of the Registrant as well as legal
limitations on the payment of dividends out of paid-in capital.

(o)  No Cumulative Voting May Affect Ability of Some Shareholders to
Influence Mangement of Registrant.

     Holders of the shares of common stock of the Registrant are not
entitled to accumulate their votes for the election of directors or
otherwise. Accordingly, the holders of a majority of the shares
present at a meeting of shareholders will be able to elect all of the
directors of the Registrant, and the minority shareholders will not be
able to elect a representative to the Registrant's board of directors.

(p)  No Assurance of Continued Public Trading Market and Risk of Low
Priced Securities May Affect Market Value of Registrant's Stock.

     Since August 25, 1998, there has been only a limited public
market for the common stock of the Registrant.  The common stock of
the Registrant is currently quoted on the Over the Counter Bulletin
Board.  As a result, an investor may find it difficult to dispose of,
or to obtain accurate quotations as to the market value of the
Registrant's securities. In addition, the common stock is subject to
the low-priced security or so called "penny stock" rules that impose
additional sales practice requirements on broker-dealers who sell such
securities.  The Securities Enforcement and Penny Stock Reform Act of
1990 ("Reform Act") requires additional disclosure in connection with
any trades involving a stock defined as a penny stock (generally,
according to recent regulations adopted by the U.S. Securities and
Exchange Commission, any equity security that has a market price of
less than $5.00 per share, subject to certain exceptions), including
the delivery, prior to any penny stock transaction, of a disclosure
schedule explaining the penny stock market and the risks associated
therewith.   The regulations governing low-priced or penny stocks
sometimes limit the ability of broker-dealers to sell the Registrant's
common stock and thus, ultimately, the ability of the investors to
sell their securities in the secondary market.

(q)  Failure to Maintain Market Makers May Affect Value of
Registrant's Stock.

     If the Registrant is unable to maintain a National Association of
Securities Dealers, Inc. member broker/dealers as market makers, the
liquidity of the common stock could be impaired, not only in the
number of shares of common stock which could be bought and sold, but
also through possible delays in the timing of transactions, and lower
prices for the common stock than might otherwise prevail.
Furthermore, the lack of  market makers could result in persons being
unable to buy or sell shares of the common stock on any secondary
market.  There can be no assurance the Registrant will be able to
maintain such market makers.

(r)  The Price per Share for Sales of Unregistered Securities by
Registrant Less Than Then Current Market Price.

     The price per share of all sales of unregistered securities by
the Registrant, except for 2,000 shares issued in December 1998, have
been much lower than the then current market price.  Thus, the
Registrant is not receiving cash, assets, or services which are
equivalent to the market price of the stock at the time it is issued.
However, the Board of Directors has made a determination that the
consideration received by the Registrant in each instance is adequate.
The factors that the Board of Directors considers when determining the
price when shares are issued above are: (a) low liquidity of the
common stock on the trading exchange (low volume and infrequent
execution of trades) and (b) the restricted nature of the shares
issued.

(s)  Sale of Shares Eligible For Future Sale Could Adversely Affect
the Market Price.

     All of the approximate 13,000,000 shares of common stock which
are currently held, directly or indirectly, by management have been
issued in reliance on the private placement exemption under the
Securities Act of 1933.  Such shares will not be available for sale in
the open market without separate registration except in reliance upon
Rule 144 under the Securities Act of 1933.  In general, under Rule 144
a person, or persons whose shares are aggregated, who has beneficially
owned shares acquired in a non-public transaction for at least one
year, including persons who may be deemed affiliates of One Touch, as
defined, would be entitled to sell within any three-month period a
number of shares that does not exceed the greater of 1% of the then
outstanding shares of common stock, or the average weekly reported
trading volume during the four calendar weeks preceding such sale,
provided that current public information is then available.  If a
substantial number of the shares owned by these shareholders were sold
under Rule 144 or a registered offering, the market price of the
common stock could be adversely affected.

(t)  Status as a Pseudo California Corporation Could Adversely Affect
the Operation of the Registrant.

     Section 2115 of the California General Corporation Law subjects
foreign corporations doing business in California to various
substantive provisions of the California General Corporation Law in
the event that the average of its property, payroll and sales is more
than 50% in California and more than one-half of its outstanding
voting securities are held of record by persons residing in the State
of California.  Section 2115 does not apply to any corporation which,
among other things, has outstanding securities designated as qualified
for trading as a national market security on NASDAQ if such
corporation has at least eight hundred holders of its equity
securities as of the record date of its most recent annual meeting of
shareholders.

     Currently, the Registrant does meet the requirement of a pseudo
California corporation.   Some of the substantive provisions of
California which apply to the Registrant include laws relating to
annual election of directors, removal of directors without cause,
removal of directors by court proceedings, indemnification of officers
and directors, directors standard of care and liability of directors
for unlawful distributions.  In addition, Section 708 of the
California General Corporation Law which mandates that shareholders
have the right of cumulative voting at the election of directors
applies to the Registrant.

Forward Looking Statements.

     The foregoing Plan of Operation contains "forward looking statements"
within the meaning of Rule 175 of the Securities Act of 1933, as
amended, and Rule 3b-6 of the Securities Act of 1934, as amended,
including statements regarding, among other items, the Registrant's
business strategies, continued growth in the Registrant's markets,
projections, and anticipated trends in the Registrant's business and
the industry in which it operates.  The words "believe," "expect,"
"anticipate," "intends," "forecast," "project," and similar
expressions identify forward-looking statements.  These forward-
looking statements are based largely on the Registrant's expectations
and are subject to a number of risks and uncertainties, certain of
which are beyond the Registrant's control.  The Registrant cautions
that these statements are further qualified by important factors that
could cause actual results to differ materially from those in the
forward looking statements, including, among others, the following:
reduced or lack of increase in demand for the Registrant's products,
competitive pricing pressures, changes in the market price of
ingredients used in the Registrant's products and the level of
expenses incurred in the Registrant's operations.  In light of these
risks and uncertainties, there can be no assurance that the forward-
looking information contained herein will in fact transpire or prove
to be accurate.  The Registrant disclaims any intent or obligation to
update "forward looking statements."

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

     The Registrant is not a party to any material pending legal
proceedings and, to the best of its knowledge, no such action by or
against the Registrant has been threatened.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS.

     None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

     Not Applicable.

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.

Exhibits.

     Exhibits included or incorporated by reference herein are set
forth in the attached Exhibit Index.

Reports on Form 8-K.

     The Registrant did not filed any reports on Form 8-K during the
first quarter of the fiscal year covered by this Form 10-QSB.

                                    SIGNATURE

     Pursuant to the requirements of Section 13 or 15(d) 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.

                                          Everlert, Inc.



Dated: May 15, 2002                       By: /s/ James J. Weber
                                          James J. Weber, President

                                   EXHIBIT INDEX

Number                              Exhibit Description

2     Share Exchange Agreement between the Registrant and Safe at
      Home Products, Inc., dated April 1, 1999 (incorporated by
      reference to Exhibit 2 of the Form 10-SB/A filed on October
      3, 2001).

3.1   Articles of Incorporation (incorporated by reference to
      Exhibit 3.1 of the Form 10-SB/A filed on October 3, 2001).

3.2   Certificate of Amendment of Articles of Incorporation
      (incorporated by reference to Exhibit 3.2 of the Form 10-
      SB/A filed on October 3, 2001)

3.3   Bylaws (incorporated by reference to Exhibit 3.3 of the Form
      10-SB/A filed on October 3, 2001)

4.1   Form of Subscription Agreement used by the Registrant
      (incorporated by reference to Exhibit 4 of the Form 10-SB/A
      filed on October 3, 2001)

4.2   Non-Employee Directors and Consultants Retainer Stock Plan,
      dated July 10, 2001 (incorporated by reference to Exhibit
      4.1 of the Form S-8 filed on August 7, 2001).

4.3   Consulting Services Agreement between the company and Tracy
      Marsh, dated July 17, 2001 (incorporated by reference to
      Exhibit 4.2 of the Form S-8 filed on August 7, 2001).

4.4   Consulting Services Agreement between the company and James
      J. Weber, dated July 17, 2001 (incorporated by reference to
      Exhibit 4.3 of the Form S-8 filed on August 7, 2001).

4.5   Consulting Services Agreement between the company and Jerry
      G. Hilbert, dated July 17, 2001 (incorporated by reference
      to Exhibit 4.4 of the Form S-8 filed on August 7, 2001).

10.1  Convertible Promissory Note between the Registrant and James
      T. Marsh, dated March 22, 1999 (incorporated by reference to
      Exhibit 10.1 of the Form 10-SB/A filed on October 3, 2001).

10.2  Convertible Promissory Note between the Registrant and
      Wyvern Technologies, Inc., dated March 22, 1999
      (incorporated by reference to Exhibit 10.2 of the Form 10-
      SB/A filed on October 3, 2001).

10.3  Technology Transfer Agreement between NuCo, Inc. and Safe at
      Home Products, Inc. (including Non-Competition Agreement),
      dated April 1, 1999 (incorporated by reference to Exhibit
      10.3 of the Form 10-SB/A filed on October 3, 2001).

10.4  Class A Note issued by Rich Bourg Financial, Ltd. in favor
      of the Registrant, dated April 5, 1999 (incorporated by
      reference to Exhibit 10.4 of the Form 10-SB/A filed on
      October 3, 2001).

10.5  Class A Note issued by Noved Holdings, Inc. in favor of the
      Registrant, dated April 5, 1999 (incorporated by reference
      to Exhibit 10.5 of the Form 10-SB/A filed on October 3, 2001).

10.6  Class B Note issued by Rich Bourg Financial, Ltd. in favor
      of the Registrant, dated April 5, 1999 (incorporated by
      reference to Exhibit 10.6 of the Form 10-SB/A filed on
      October 3, 2001).

10.7  Class B Note issued by Noved Holdings, Inc. in favor of the
      Registrant, dated April 5, 1999 (incorporated by reference
      to Exhibit 10.7 of the Form 10-SB/A filed on October 3, 2001).

10.8  Convertible Promissory Note between the Registrant and Jerry
      G. Hilbert, dated July 14, 2000 (incorporated by reference
      to Exhibit 10.8 of the Form 10-SB/A filed on October 3, 2001).

10.9  Promissory Note between the Registrant and Safe at Home
      Products, Inc., dated October 6, 2001 (incorporated by
      reference to Exhibit 10.9 of the Form 10-KSB filed on April
      2, 2002).

16.1  Letter on change in certifying accountant, dated January 11,
      2001 (incorporated by reference to Exhibit 16.1 of the Form
      10-SB/A filed on October 3, 2001).

16.2  Letter on change in certifying accountant, dated January 31,
      2001 (incorporated by reference to Exhibit 16 of the Form 8-
      K filed on February 7, 2001).

21    Subsidiaries of the Registrant (incorporated by reference to
      Exhibit 21 of the Form 10-KSB/A filed on September 8, 2000).