UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)

[X]  Quarterly  report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934 For the quarterly period ended     June 30, 2003
                                                --------------

[ ]  Transition  report under Section 13 or 15(d) of the  Securities  Exchange
     Act of 1934 For the transition period from _____ to _____


                        Commission file number: 000-26095


                              ENVIROKARE TECH, INC.
        ---------------------------------------------------------------
        Exact name of small business issuer as specified in its charter)


            Nevada                                             88-0412549
-------------------------------                            ------------------
State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                            Identification No.)



             5850 T.G. Lee Blvd., Suite 535, Orlando, Florida 32822
             ------------------------------------------------------
                    (Address of principal executive offices)


                                 (407) 856-8882
                           --------------------------
                           (Issuer's telephone number)


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


Check whether the issuer filed all documents and reports required to be filed by
Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
under a plan confirmed by a court. Yes [ ] No [ ] NOT APPLICABLE


                      APPLICABLE ONLY TO CORPORATE ISSUERS


State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest  practicable date: The total number of shares of Common
Stock,  par value  $.001 per  share,  outstanding  as of August  14,  2003,  was
31,526,144.

Transitional Small Business Disclosure Format (Check one):  Yes [ ]  No [X]

<PAGE>


                                TABLE OF CONTENTS


Part I - FINANCIAL INFORMATION

         Item 1.  Financial Statements:

                   Consolidated Balance Sheets.................................4

                   Consolidated Statements of Operations.......................5

                   Consolidated Statements of Cash Flows.......................6

                   Condensed Notes to the Consolidated Financial Statements....7


         Item 2.  Management's Discussion and Analysis or Plan of Operations..12

         Item 3.  Control and Procedures......................................15


Part II - OTHER INFORMATION

         Item 1.    Legal Proceedings.........................................16

         Item 2.    Changes in Securities.....................................16

         Item 3.    Defaults Upon Senior Securities...........................16

         Item 4.    Submission of Matters to a Vote of Security Holders.......16

         Item 5     Other Information.........................................16

         Item 6.    Exhibits and Reports on Form 8-K..........................17


SIGNATURES....................................................................18




<PAGE>
             CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS


This document contains forward-looking  statements within the meaning of Section
27A of the Securities  Act and Section 21E of the Exchange Act. All  statements,
other than  statements  of  historical  facts,  included in or  incorporated  by
reference into this Form 10QSB which address activities,  events or developments
which the  Company  expects,  believes or  anticipates  will or may occur in the
future  are  forward-looking   statements.   The  words  "believes,"  "intends,"
"expects,"  "anticipates,"   "projects,"  "estimates,"  "predicts"  and  similar
expressions  are also  intended to identify  forward-looking  statements.  These
forward-looking   statements  include,  among  others,   statements  concerning:
expectations,   anticipations,  beliefs,  estimations,  projections,  and  other
similar matters that are not historical facts,  including such matters as future
capital  and  development  expenditures  and  expansion  and growth of  business
operations.

These  statements  are based on certain  assumptions  and  analysis  made by the
management of Envirokare  Tech Inc.,  ("ENVIROKARE")  in light of its experience
and its perception of historical trends,  current conditions and expected future
developments  as well as  other  factors  it  believes  are  appropriate  in the
circumstances.

Envirokare cautions the reader that these forward-looking statements are subject
to risks and  uncertainties,  including  those  associated  with:  the financial
environment,  general economic,  market and business conditions,  the regulatory
environment,  business  opportunities  that may be  presented  to and pursued by
Envirokare,  changes in laws or regulations,  availability to obtain  additional
financing on favorable conditions, trend projections, and other factors, many of
which are beyond the Company's control that could cause actual events or results
to differ  materially from those  expressed or implied by the  statements.  Such
risks and uncertainties include those risks and uncertainties  identified in the
Description of the Business and Management's Discussion and Analysis sections of
this  document and risk  factors  discussed  from time to time in the  Company's
filings with the Securities and Exchange Commission.

Significant  factors that could  prevent  Envirokare  from  achieving its stated
goals  include:  the  inability of  Envirokare  to obtain  financing for capital
expenditures and acquisitions,  declines or failure to develop in the market for
the Company's  products,  development of superior  products by competition,  and
adverse changes in the regulatory environment affecting the Company.

The cautionary  statements  contained or referred to in this document  should be
considered in connection  with any  subsequent  written or oral  forward-looking
statements  that may be issued by Envirokare  or persons  acting on its or their
behalf.

Envirokare  undertakes no  obligation  to release  publicly any revisions to any
forward-looking  statements to reflect  events or  circumstances  after the date
hereof or to reflect the occurrence of unanticipated events.





                                        2
<PAGE>

                         PART I - FINANCIAL INFORMATION



Item 1.           Financial Statements












                              ENVIROKARE TECH INC.
                              Financial Statements

                                  June 30, 2003
























                                        3
<PAGE>
<TABLE>
<CAPTION>

                                              ENVIROKARE TECH, INC.
                                         (A Development Stage Company)
                                          CONSOLIDATED BALANCE SHEETS

                                                                               June 30,
                                                                                 2003            December 31,
                                                                              (unaudited)            2002
                                                                         -----------------     -----------------
<S>                                                                     <C>                    <C>
 ASSETS
     CURRENT ASSETS
          Cash                                                           $         23,252       $         9,506
          Deposits and retainers                                                   19,341                53,942
          Prepaid expenses                                                          6,537                     -
          Inventory                                                                17,500                     -
                                                                         -----------------     -----------------
              TOTAL CURRENT ASSETS                                                 66,630                63,448
                                                                         -----------------     -----------------

     PROPERTY AND EQUIPMENT
          Furniture and fixtures                                                    7,502                 8,144
          Office equipment                                                          9,749                 9,009
          Molds                                                                   111,336                59,000
              Less accumulated depreciation                                        (5,285)               (6,884)
                                                                         -----------------     -----------------
              TOTAL PROPERTY AND EQUIPMENT                                        123,302                69,269
                                                                         -----------------     -----------------

     OTHER ASSETS
          Deposits and retainers                                                    2,476                 8,412
          License agreement                                                       525,000               525,000
          Patent acquisition costs and technology rights                        1,958,939             1,958,939
                                                                         -----------------     -----------------
              TOTAL OTHER ASSETS                                                2,486,415             2,492,351
                                                                         -----------------     -----------------

TOTAL ASSETS                                                            $       2,676,347       $     2,625,068
                                                                         =================     =================

LIABILITIES & STOCKHOLDERS' EQUITY
     CURRENT LIABILITIES
          Accounts payable                                              $         272,171       $       114,145
          Customer deposit                                                         61,215                61,215
          Notes payable                                                            61,965                61,965
          Accrued interest                                                         31,533                25,337
          Notes payable to stockholders                                         1,115,000             1,025,000
          Accrued interest to stockholders                                        260,150               183,802
                                                                         -----------------     -----------------
              TOTAL CURRENT LIABILITIES                                         1,802,034             1,471,464
                                                                         -----------------     -----------------

     COMMITMENTS AND CONTINGENCIES                                                      -                     -
                                                                         -----------------     -----------------

          Convertible preferred stock, 10,000,000 shares authorized,
              $.001 par value; 0 shares issued and outstanding                          -                     -
          Common stock, 200,000,000 shares authorized,
              $.001 par value; 31,526,144 and 30,056,144 shares
              issued and outstanding, respectively                                 31,526                30,056
          Additional paid-in capital                                            4,599,551             4,273,090
          Stock options and warrants                                              546,885               646,815
          Accumulated deficit during development stage                         (4,303,649)           (3,796,357)
                                                                         -----------------     -----------------
              TOTAL STOCKHOLDERS' EQUITY                                          874,313             1,153,604
                                                                         -----------------     -----------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                              $       2,676,347       $     2,625,068
                                                                         =================     =================





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

                                                       4
</table>
<PAGE>
<TABLE>
<CAPTION>



                                                     ENVIROKARE TECH, INC.
                                               (A Development Stage Company)
                                           CONSOLIDATED STATEMENTS OF OPERATIONS


                                                                                                                  Period from
                                                                                                                  June 15,1998
                                         Three Months       Three Months        Six Months        Six Months     (Inception) to
                                        Ended June 30,     Ended June 30,     Ended June 30,    Ended June 30,      June 30,
                                             2003               2002              2003              2002              2003
                                          (unaudited)        (unaudited)       (unaudited)       (unaudited)       (unaudited)
                                        --------------     --------------    --------------    --------------    --------------
<S>                                 <C>                   <C>               <C>
REVENUES                                $          -        $        -        $    37,150       $        -        $    37,500
COST OF GOODS SOLD                                 -                 -            (17,500)               -            (17,500)
                                        --------------     --------------    --------------    --------------    --------------
 GROSS PROFIT                                      -                 -             19,650                -             19,650
                                        --------------     --------------    --------------    --------------    --------------

EXPENSES

     Consulting fees - related parties        27,834            18,000             73,334            36,000           867,789
     Other consulting fees                    10,891            40,000             49,655           211,173         1,095,093
     Financing costs                               -                 -                  -                 -           219,642
     Rent                                     24,060             5,514             40,683            12,068           123,542
     General and administrative               38,002            30,875             69,936            53,985           575,356
     Depreciation                                632               468              1,364               905             8,248
     Professional fees                       100,732            20,831            137,803            43,049           694,684
     Research and development                 14,373            18,250             59,373            18,250           286,316
     Wages, salaries, and payroll taxes       11,315                 -             11,315                 -           143,194
                                        --------------     --------------    --------------    --------------    --------------
          TOTAL EXPENSES                     227,839           133,938            443,463           375,430         4,013,864
                                        --------------     --------------    --------------    --------------    --------------

LOSS FROM OPERATIONS                        (227,839)         (133,938)          (423,813)         (375,430)       (3,994,214)

OTHER INCOME (EXPENSE)
     Gain on sale of assets                      577                 -                577                 -               577
     Interest expense                        (43,479)          (40,120)           (84,056)          (80,886)         (310,012)
                                        --------------     --------------    --------------    --------------    --------------
           TOTAL OTHER INCOME (EXPENSE)      (42,902)          (40,120)           (83,479)          (80,886)         (309,435)
                                        --------------     --------------    --------------    --------------    --------------

LOSS BEFORE PROVISION FOR INCOME TAXES      (270,741)         (174,058)          (507,292)         (456,316)       (4,303,649)

PROVISION FOR INCOME TAXES                         -                 -                  -                 -                 -
                                        --------------     --------------    --------------    --------------    --------------

NET LOSS                                $   (270,741)       $ (174,058)       $  (507,292)         (456,316)       (4,303,649)
                                        ==============     ==============    ==============    ==============    ==============

 BASIC AND DILUTED NET LOSS
  PER COMMON SHARE                      $      (0.01)       $    (0.01)       $     (0.02)      $     (0.02)
                                        ==============     ==============    ==============    ==============

 WEIGHTED AVERAGE NUMBER
  STOCK SHARES OUTSTANDING                31,387,811        26,583,617         31,029,977        25,666,089
                                        ==============     ==============    ==============    ==============





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

                                                       5

</table>
<PAGE>
<TABLE>
<CAPTION>
                                                   ENVIROKARE TECH, INC.
                                              (A Development Stage Company)
                                           CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                                                                                 Period from
                                                                                                                June 15,1998
                                                                      Six Months           Six Months          (Inception) to
                                                                    Ended June 30,       Ended June 30,            June 30,
                                                                         2003                 2002                   2003
                                                                     (unaudited)           (unaudited)           (unaudited)
                                                                  ------------------    ------------------    ------------------
<S>                                                             <C>                     <C>                   <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
      Net loss                                                    $       (507,292)      $      (456,316)      $    (4,303,649)
      Adjustments to reconcile net loss
        to net cash used by operating activities:
      Depreciation                                                           1,364                   905                 8,248
      Intangible asset expensed                                                  -                     -                 9,520
      Impairment of molds                                                        -                     -                27,000
      Stock options issued for consulting fees                                   -                12,173               889,173
      Stock issued for consulting fees                                           -               112,000               112,000
      Warrants issued for financing expense                                      -                     -               219,642
      Changes in operating assets and liabilities:
        Customer deposit                                                         -               (34,781)               61,215
        Prepaid expenses                                                    (6,537)                    -                (6,537)
        Inventory                                                          (17,500)                    -               (17,500)
        Accounts payable                                                   158,026               (52,534)              272,171
        Accrued interest payable                                            82,544                79,316               291,683
                                                                  ------------------    ------------------    ------------------
      Net cash used by operating activities                               (289,395)             (339,237)           (2,437,034)
                                                                  ------------------    ------------------    ------------------
CASH FLOWS FROM INVESTING ACTIVITIES:
      Deposits and retainers                                                40,537                     -               (21,817)
      Purchase of molds                                                    (52,336)              (16,000)             (138,336)
      Payments of license agreement                                              -                     -              (525,000)
      Patent costs                                                               -                 9,520               (10,128)
      Purchase of equipment                                                 (4,335)                    -               (19,642)
      Sale of equipment                                                      1,275                     -                 1,275
                                                                  ------------------    ------------------    ------------------
      Net cash used by investing activities                                (14,859)               (6,480)             (713,648)
                                                                  ------------------    ------------------    ------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
      Proceeds from sale of preferred stock                                      -                     -               250,000
      Proceeds from sale of common stock                                   228,000               300,000             1,787,799
      Repurchase of common stock                                                 -                     -                (7,500)
      Proceeds from issuance of notes payable to related
        parties                                                             90,000                     -             1,143,635
                                                                  ------------------    ------------------    ------------------
      Net cash provided by financing activities                            318,000               300,000             3,173,934
                                                                  ------------------    ------------------    ------------------
Increase (decrease) in cash                                                 13,746               (45,717)               23,252

Cash, beginning of period                                                    9,506               118,927                     -
                                                                  ------------------    ------------------    ------------------

Cash, end of period                                               $         23,252       $        73,210       $        23,252
                                                                  ==================    ==================    ==================
SUPPLEMENTAL CASH FLOW INFORMATION:
      Interest paid                                               $          1,782       $         1,571       $        16,771
                                                                  ==================    ==================    ==================

      Income taxes paid                                           $              -       $             -       $             -
                                                                  ==================    ==================    ==================


NON-CASH TRANSACTIONS:
      Common stock issued for acquisition of subsidiary           $              -       $             -       $     1,925,000
      Note issued for purchase of property, equipment,
        and operating expenses                                    $              -       $             -       $         3,635
      Note issued for pending patent to related party             $              -       $             -       $        33,330
      Note issued for deposit for stock                           $              -       $             -       $       100,000
      Warrants issued for financing activities                    $              -       $             -       $       219,642
      Stock options issued for consulting fees                    $              -       $        12,173       $       889,173
      Common stock issued for consulting fees                     $              -       $       112,000       $       112,000
      Stockholder's contribution for equipment                    $              -       $             -       $         1,847




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

                                                             6

</table>
<PAGE>
                              ENVIROKARE TECH, INC.
                          (A Development Stage Company)
            Condensed Notes to the Consolidated Financial Statements
                                 June 30, 2003


NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Envirokare  Tech,  Inc.   (hereinafter,   "the  Company"  or  "Envirokare")  was
incorporated  in June 1998  under the laws of the State of Nevada.  In  December
1998, the Company  acquired assets of a business  engaged in developing a rubber
mold technology and patent rights  potentially  applicable to future development
of a pallet made of recycled  materials.  The Company  believes the  early-stage
rubber mold technology to be of marginal commercial value.

During 2001, the Company acquired, via license agreement,  extensive rights to a
proprietary  thermoplastic processing technology,  the Thermoplastic Flowforming
process  (variously  referred to herein as "TPF Process",  the "Process" or "TPF
technology").  The licensing  agreement provides the Company with the ability to
utilize the TPF technology to design, develop, manufacture,  market, license and
sublicense  a wide range of large  structural  parts,  including  the  Company's
proprietary  pallet.  The  pallet  is  now  composed  of  long-fiber  reinforced
thermoplastic  composite  and  will  be  manufactured  using  the  acquired  TPF
technology.

The Company's current operating  strategy is based on developing  products to be
manufactured  by the TPF Process,  as well as marketing  the TPF  technology  to
potential sublicensees of the Company. The Company maintains offices in Orlando,
Florida. The Company has elected a fiscal year-end of December 31.

The  Company  includes  the assets and  investment  in  Electroship  Acquisition
Corporation  and  Envirokare   Composite   Corp.,   wholly-owned   non-operating
subsidiaries, in these financial statements.

The  Company  is in the  development  stage,  as of June  30,  2003  and has not
realized any significant revenues from planned operations.


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Preparation
--------------------

The  accompanying   interim  condensed  financial  statements  are  prepared  in
accordance  with rules set forth in Regulation SB of the Securities and Exchange
Commission.  As said, these  statements do not include all disclosures  required
under generally  accepted  principles and should be read in conjunction with the
audited  financial  statements  for the year ended  December  31,  2002.  In the
opinion of management, all adjustments consisting of normal reoccurring accruals
have been made to the financial statements.

Going Concern
-------------

The  accompanying  financial  statements  have been  prepared  assuming that the
Company will continue as a going concern.

As shown in the accompanying  financial statements,  the Company has incurred an
accumulated deficit of $4,303,649, which includes a net loss of $507,292 for the
six months ended June 30, 2003,  and has a working  capital  deficit and limited
revenues.  The  Company,  being a  development  stage  enterprise,  is currently
marketing the TPF technology  which will, if successful,  mitigate these factors
which raise substantial doubt about the Company's ability to continue as a going
concern.  Management  plans to fund operations from sales of its debt and equity
in the near-term and from product  sales,  product  development  agreements  and
proceeds  realized from licensing the TPF  technology on an ongoing  basis.  The
Company has  historically  raised equity capital  through the sale of its common
and preferred  stock.  The Company has also raised debt capital  through private
placement  offerings.  Management  has  proceeded  as  planned  in  the  ongoing
development of numerous  products,  including a proprietary  pallet  composed of
long-fiber reinforced thermoplastic composite.  Management is also marketing the
TPF  technology  to various  potential  clients with the intent of  establishing
product  development  agreements,  with the agreements to include provisions for
manufacturing  and  marketing   successfully  developed  products.  The  Company
received a deposit  for product  development  during the second half of 2002 and
management  anticipates that the Company will realize  licensing fee revenues in
the near  future.  The  financial  statements  do not  include  any  adjustments
relating to the  recoverability  and  classification  of recorded assets, or the
amounts and  classification  of liabilities that might be necessary in the event
the Company cannot continue in its present form.


                                        7
<PAGE>
                              ENVIROKARE TECH, INC.
                          (A Development Stage Company)
            Condensed Notes to the Consolidated Financial Statements
                                 June 30, 2003


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Accounting Pronouncements
-------------------------

In May 2003,  the  Financial  Accounting  Standards  Board  issued  Statement of
Financial  Accounting  Standards  No. 150,  "Accounting  for  Certain  Financial
Instruments with  Characteristics  of Both Liabilities and Equity"  (hereinafter
"SFAS  No.  150").  SFAS No.  150  establishes  standards  for  classifying  and
measuring certain financial instruments with characteristics of both liabilities
and equity and requires that those  instruments  be classified as liabilities in
statements of financial  position.  Previously,  many of those  instruments were
classified  as  equity.  SFAS No. 150 is  effective  for  financial  instruments
entered  into or modified  after May 31, 2003 and  otherwise is effective at the
beginning of the first interim period beginning after June 15, 2003. The Company
has not yet determined the impact of the adoption of this statement.

In April 2003,  the Financial  Accounting  Standards  Board issued  Statement of
Financial   Accounting  Standards  No.  149,  "Amendment  of  Statement  133  on
Derivative  Instruments and Hedging  Activities"  (hereinafter  "SFAS No. 149").
SFAS No. 149 amends and clarifies the  accounting  for  derivative  instruments,
including certain derivative  instruments  embedded in other contracts,  and for
hedging  activities under SFAS No. 133,  "Accounting for Derivative  Instruments
and Hedging Activities".  This statement is effective for contracts entered into
or modified after June 30, 2003 and for hedging  relationships  designated after
June 30,  2003.  The adoption of SFAS No. 149 is not expected to have a material
impact on the financial position or results of operations of the Company.

In  January  2003,  the  Financial   Accounting   Standards  Board  issued  FASB
Interpretation  No.  46  "Consolidation  of  Variable  Interest   Entities,   an
Interpretation  of ARB No. 51"  (hereinafter  "FIN 46"). FIN 46 requires certain
variable interest entities to be consolidated by the primary  beneficiary of the
entity if the equity investors in the entity do not have the  characteristics of
a controlling  financial  interest or do not have sufficient  equity at risk for
the entity to finance its activities without additional  subordinated  financial
support from other  parties.  FIN 46 is effective for all new variable  interest
entities  created or acquired  after January 31, 2003.  The provisions of FIN 46
must be applied for the first interim or annual period  beginning after June 15,
2003.  The Company does not have any entities  that  require  disclosure  or new
consolidation as a result of adopting the provisions of FIN 46.

In December  2002,  the FASB issued SFAS No. 148,  "Accounting  for  Stock-Based
Compensation - Transition  and  Disclosure,"  ("SFAS No. 148").  SFAS 148 amends
SFAS No. 123, "Accounting for Stock-Based  Compensation," to provide alternative
methods of transition for an entity that  voluntarily  changes to the fair value
based method of accounting for stock-based employee  compensation.  In addition,
it also  amends  the  disclosure  provisions  of SFAS 123 to  require  prominent
disclosure  about the  effects on  reported  results of an  entity's  accounting
policy  decisions  with  respect  to  stock-based  employee  compensation.   The
provisions of the statement  are effective for financial  statements  for fiscal
years ending after December 15, 2002. Prior to the issuance of SFAS No. 148, the
Company  adopted  the fair value  based  method of  accounting  for  stock-based
employee  compensation.  Thus,  the Company's  financial  reporting  will not be
significantly effected by SFAS 148.

Revenue Recognition
-------------------

The Company recognizes revenue from product sales upon shipment to the customer.


NOTE 3 - PROPERTY AND EQUIPMENT

Property and equipment are stated at cost.  Depreciation  is provided  using the
straight line method over the estimated useful lives of the assets,  which range
from five to seven years.  Molds will be depreciated over their estimated useful
lives once placed in service.

During the quarter ended June 30, 2003, the Company disposed of certain property
and equipment that was located in its office in Las Vegas, Nevada,  resulting in
a gain on sale of assets of $577



                                        8
<PAGE>
                              ENVIROKARE TECH, INC.
                          (A Development Stage Company)
            Condensed Notes to the Consolidated Financial Statements
                                 June 30, 2003


NOTE 4 - COMMON STOCK

During the  quarter  ended June 30,  2003,  the Company  received an  additional
$30,000 from the private sale of 150,000 shares of its common stock at $0.20 per
share.  In  addition,   these  purchasers  received  warrants  to  purchase  one
additional share of common stock for each share purchased,  exercisable at $0.40
per share for a period of one year.

In January  2003,  existing  warrant  holders  were offered a reduction in their
respective  warrant exercise prices to $0.15 per share if exercised on or before
February 14, 2003. This offer resulted in the Company  raising  $198,000 in cash
and  issuing  1,320,000  shares  of  common  stock.   Participants  were  issued
replacement warrants, exercisable over a two year period, for the same number of
shares  of the  Company's  common  stock as issued on  exercise  of the  amended
warrants.  Exercise  prices  for the new  warrants  are  $0.75  per share (as to
warrants  issued in a 2001 equity private  placement) and $0.65 per share (as to
warrants issued in a 2002 equity private placement).

For subsequent issuances of common stock, see Note 7.


NOTE 5 - STOCK OPTIONS AND WARRANTS

Accounting for Stock Options and Warrants  Granted to Employees and Nonemployees
Statement of Financial Accounting Standards No. 123, "Accounting for Stock-Based
Compensation" (hereinafter "SFAS No. 123"), defines a fair value-based method of
accounting  for stock  options  and other  equity  instruments.  The Company has
adopted this method,  which measures  compensation  costs based on the estimated
fair value of the award and recognizes that cost over the service period.

In  accordance  with SFAS No. 123, the fair value of stock  options and warrants
granted are estimated  using the  Black-Scholes  Option Price  Calculation.  The
following  assumptions  were made to value the stock  options and  warrants  for
2003: risk-free interest rate of 4%, volatility of 89%.

Warrants
--------

During the  quarter  ended June 30,  2003,  the company  received an  additional
$30,000  from the private  sale of 150,000  shares of its common stock at $0.20
per share.  In  addition,  these  purchasers  received  warrants to purchase one
additional share of common stock for each on purchased, exercisable at $0.40 per
share for a period of one year.

In February  2003,  the exercise  price on 1,320,000  warrants was adjusted from
$0.50 to $0.15.  All of these warrants were exercised  resulting in the issuance
of 1,320,000  shares of common  stock for  $198,000.  In  addition,  the Company
issued 1,320,000 warrants to these investors,  of which 600,000 have an exercise
price of $0.65,  and 720,000  have an exercise  price of $0.75.  These  warrants
expire on February 14, 2005.

For subsequent warrant issuance see Note 7.


NOTE 6 - COMMITMENTS AND CONTINGENCIES

Merger Agreement with Thermoplastic Composite Designs, Inc.
-----------------------------------------------------------

The Company and  Thermoplastic  Composite  Designs,  Inc. ("TCD") entered into a
merger  agreement dated March 30, 2001,  which provides that TCD will merge with
Envirokare's  wholly-owned subsidiary,  Envirokare Composite Corp., upon certain
specific terms and conditions.  This merger,  if  consummated,  will require the
Company to issue  3,000,000  shares of common  stock in exchange  for all of the
outstanding  stock of TCD, if the Company's  common stock trades in a nationally
recognized securities market, such as the NYSE, NASDAQ (or OTCBB), or AMEX, at a
minimum five dollar ($5.00) value for thirty days during the thirty month period
immediately  following  March 30,  2001.  At the end of the thirty  month period
following  March 30,  2001,  if the  market  value for  3,000,000  shares of the
Company's  common  stock is less  than  $15,000,000,  the  Company  may elect to
provide  additional  shares of common stock or cash to the TCD  stockholders  to
meet the required  $15,000,000 purchase price. Any payment of cash in connection
with the transaction purchase price shall not exceed $7,500,000. The Company has
the sole  authority to determine  the amounts of  additional  stock or cash that
would be paid.

                                        9
<PAGE>
                              ENVIROKARE TECH, INC.
                          (A Development Stage Company)
            Condensed Notes to the Consolidated Financial Statements
                                  June 30, 2003


NOTE 6 - COMMITMENTS AND CONTINGENCIES (continued)

Letter Agreement with New Age Shelters Ltd.
-------------------------------------------

The Company and New Age Shelters  Ltd.  ("New Age")  entered into a  non-binding
letter of agreement,  dated March 20, 2003 replacing an earlier  agreement dated
October  1,  2002,  expressing  the  intent  of the  parties  to  combine  their
businesses  through a merger of New Age into  EnviroDome LLC  ("Envirodome"),  a
wholly-owned   subsidiary  of  the  Company.  New  Age  is  a  building  systems
manufacturing  company.  This  transaction  was  cancelled  after the end of the
reported  period,  an action the Company believes to be in the best interests of
both the Company and New Age Shelters Ltd.

Agreement with Schaefer Systems International, Inc.
---------------------------------------------------

On March 28, 2003, the Company  entered into a product  development and purchase
agreement with Schaefer Systems  International,  Inc., "SSI" replacing a earlier
agreement  dated August 6, 2002.  Under the terms of this agreement and pursuant
to performance and dimensional criteria provided by SSI, the Company will design
and develop and produce a quantity of prototypes for field testing, field trials
and related  approvals.  Payments to the Company for  successful  completion  of
product development will aggregate  $185,500,  with an additional $300,000 to be
payable if SSI elects to develop an additional,  similar  product with different
dimensions.  The initial term of the contract is 26 weeks.  A payment of $61,215
was made by SSI to the Company (at the time of the August 6, 2002  agreement) to
facilitate  the  development  of the  proprietary  product.  The  balance of the
development  fee is  payable:  47% upon  completion  of first  parts  off of the
product and verification of performance and 20% within 30 days after development
completion.  SSI  continued  its right to order  additional  development  for an
additional  payment  of  $300,000  and  20%  within  30 days  after  development
completion.  SSI  continued  its right to order  additional  development  for an
additional  payment of $300,000.  This agreement  provides for 26 weeks from the
effective  date  within  which to  complete  successful  development  or for the
initial payment to be returned.

The initial payment, in the amount of $61,215, was made by SSI to the Company to
facilitate  development of the part. The Company currently  recognizes the value
of the  initial  payment  made by SSI to the  Company as a deposit  for  product
development.

The Company will recognize the deposited  amount as revenue upon approval by SSI
of initial product prototypes, which is expected to occur during the fiscal year
ended 2003.

Consulting Agreement
--------------------

In July 2001,  the Company  entered into a consulting  agreement  with Mr. Erwin
Pruefer  who  performs  marketing  and sales  services  for the  Company  and is
compensated on a commission  basis.  Upon reaching  certain sales  targets,  the
consultant may receive stock options in lieu of additional  commissions payable,
with a maximum of 500,000 options so available.

Lease Agreements
---------------

The  Company  entered  into a lease for  office  space in  Orlando,  Florida  on
September  16,  2002 for a period of 36 months.  Lease  payments  are  currently
$2,595 per month,  with additional  charges for common area. A security  deposit
was paid in the amount of $2,600. Total payments for the quarters ended June 30,
2003 and 2002 were $8,670 and $0, respectively.

The Company  entered  into a lease for office  space in Boca  Raton,  Florida on
February 7, 2001 for sixty  months.  Lease  payments  are  currently  $3,023 per
month,  with  additional  charges for common area of $1,472.  This amount totals
$4,495.  A security  deposit  and last  month's  rent were paid in the amount of
$8,412.  A portion of this office space was being  subleased  with the sublessee
reimbursing  the Company $3,495.  The subleasees  moved out of the space June 1,
2003.  Total  payments for quarter  ended June 30, 2003 and 2002 were $2,000 and
$3,000, respectively.

                                       10
<PAGE>
                             ENVIROKARE TECH, INC.
                          (A Development Stage Company)
            Condensed Notes to the Consolidated Financial Statements
                                 June 30, 2003


NOTE 6 - COMMITMENTS AND CONTINGENCIES (continued)

Litigation
----------

The  Company is a named  defendant  in an action  filed by Mr. Real Morel in May
2000 in the Supreme Court of British Columbia, Canada. In this action, Mr. Morel
alleges non-payment by the Company of amounts due pursuant to the aforementioned
demand promissory notes.  After consultation with British Columbia legal counsel
and a review of the  circumstances  surrounding  the issuance of the notes,  the
Company  has  resolved  to dispute  this  liability.  Management  of the Company
believes  that the  outcome  will  not have a  material  adverse  effect  on the
financial position of the Company.


NOTE 7 - SUBSEQUENT EVENT

Subsequent to the end of the quarter, the company received an additional $50,000
from the private sale of 250,000  shares of its common stock at $0.20 per share.
In addition, these purchasers received warrants to purchase one additional share
of common  stock  for each on  purchased,  exercisable  at $0.40 per share for a
period of one year.























                                       11
<PAGE>
ITEM 2:  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION:

Envirokare  Tech,  Inc.  (the  "Company"  or  "Envirokare")  is  engaged  in the
application  design,   development  and  manufacturing,   utilizing  proprietary
thermoplastic composite technologies including Thermo Plastic Flowforming (TPF).

Technology: The TPF Process is a proprietary process developed by Thermo Plastic
Composite Designs,  Inc., that enables the manufacture of large structural parts
using long-fiber reinforced  thermoplastic resins. The Process utilizes recycled
or virgin  resins  and is  designed  to reuse  its own  process  scrap,  thereby
eliminating production waste. TPF Process patents are pending.

Historically,  advanced composite  materials were utilized almost exclusively by
the military and aerospace  industries where such usage was normally  restricted
to  the  manufacture  of  small  parts  due  to  the  inordinate  cost  of  hand
application,  i.e.,  the  process  of  manually  applying  layers  of  composite
materials to a mold or shape.  Management believes that the TPF Process provides
a cost-effective  alternative for the in-line  production of larger,  long-fiber
reinforced  plastic  parts at very low  processing  costs.  The  Process has key
advantages  over  many  manufacturing   processes   currently  in  use  such  as
compression  molding,   injection  molding  and  rotational  molding,  including
significantly,  cost savings  realized in the reduced  labor  required to create
larger parts made using the TPF Process.  The cost required to assemble multiple
smaller  components  to generate a complete  larger part,  which often occurs in
current production environments,  is higher than with the TPF Process.  Material
costs will  typically  also be lower  because of its use of  recycled  material,
reuse of its own production scrap and in-line compounding,  which is the process
of mixing raw material components as an actual part of the production process.

The TPF  Process  has  application  in a broad  range of  industries  including:
agriculture,  automotive,  material handling,  transportation,  marine, medical,
waste  management  and  aerospace.  TPF  composite  products  are an  advantaged
replacement for many wood, aluminum,  steel, other metal alloys, concrete, other
plastic and  fiberglass  products,  by providing  products  that have  corrosion
resistance,  are  lighter  and  cost  less to  manufacture.  As a  thermoplastic
process,  TPF has an  additional  advantage  in that it does not  emit  volatile
organic contaminants (VOCs).

The Company has acquired this technology  through License and Merger  Agreements
with Thermo  Plastic  Composite  Designs,  Inc. On March 30, 2001,  the Company,
through its wholly-owned subsidiary, Envirokare Composite Corp. ("ECC"), entered
into a licensing  agreement  with TCD that  allows the  Company to  commercially
exploit the TPF Process.  The agreement provides the Company with the ability to
utilize the TPF technology to design, develop, manufacture,  market, license and
sublicense a wide range of  applications  including  the  Company's  proprietary
Pallet,  manufactured  through the joint  efforts of the Company and TCD, or the
Company's  sublicensees,   for  use  in  agriculture,   aerospace,   automotive,
construction,  marine, medical,  military,  transportation and waste management.
The Company paid TCD a one time license fee of $525,000 under the agreement.  To
complete this acquisition, the Company entered into a merger agreement with TCD,
which  provides that TCD will merge with ECC if  Envirokare's  shares achieve an
average  of the  closing  bid asked  prices at or above  prices at or above five
dollars per share at any point in time during the thirty-month  period following
the agreement date, with Envirokare  paying merger  consideration  to TCD in the
amount of 3,000,000  shares of its common stock. In the event that  Envirokare's
shares have not traded at such specified  level of five dollars per share by the
end of the thirty-month  period,  Envirokare has the option to effect the merger
of TCD with ECC by  Envirokare's  paying  to TCD's  shareholders  a  $15,000,000
consideration,  either in shares of Envirokare  or in a combination  of cash and
shares, with the cash payment to be no greater than $7,500,000. The date of such
payment would be no later than March 30, 2004.



                                       12
<PAGE>
Product Research, Development and Testing:
-----------------------------------------

General  Product  Technology  Testing:  During the second  quarter of 2002,  the
Company engaged the Metis Design  Corporation,  Inc. ("Metis Design"),  formerly
Horizon  Defense and Aerospace  Solutions,  Inc., to conduct a review of the TPF
technology.  Metis  Design,  based in Cambridge,  Massachusetts,  is an advanced
technology firm  specializing in composites  consulting,  damage  monitoring and
structural concept design and analysis.

In September 2002,  Metis Design  presented the Company's  management with final
findings regarding the TPF technology.  In its report,  Metis Design noted that,
as the utilization of advanced  thermoplastic  composite  materials has extended
into market  segments such as military and aerospace,  commercial  manufacturers
are  increasingly  demanding  lower cost,  quicker and more flexible  reinforced
thermoplastic processing techniques. Metis Design found that the TPF Process has
significant  potential to address this need. In addition,  Metis Design reported
that the TPF Process could represent a solution to a  long-standing  need in the
long-fiber  reinforced composite  manufacturing  process the TPF Process enables
manufacturers to mass-produce at high rates and labor  efficiencies  compared to
many current production techniques,  while retaining accuracy and the ability to
utilize  low  molding  pressures.  The report  also  noted that the TPF  Process
provides economic advantages over other thermoplastic  composite molding methods
through reduced labor, material, tooling and machine costs.

Metis  conducted  narrow  coupon  tensile  tests on composite  material  samples
produced  from the TPF  Process.  These  tests are the  standard  procedure  for
determining  certain  mechanical  properties  of a  material.  The test  results
demonstrated that the material properties exhibited in the product, as formed by
the  TPF  Process,   are  comparable  to  those  from  products  formed  through
traditional  processes,  and  are  similar  to  those  properties  published  by
commercially available materials.

Product Development - E Pallet: Since inception, the Company has been engaged in
the development of the Pallet. In December 1998, acquired equipment, early-stage
rubber  mold  technology  and patent  rights to the  development  of rubber mold
technology  for  creating a pallet  made of  recycled  materials.  In 1999,  the
Company and TCD entered into a  product/technology  contract  for the  continued
development  of the pallet.  TCD  undertook to assist the Company in  optimizing
earlier  versions of the Pallet design.  The contract  required TCD to deliver a
pallet that would meet design specifications including specified size and weight
requirements  and a customized  composition  matrix.  The contract also provided
that TCD would supply an  engineered  mold for the  Company's  first  production
facility.  The  Company's  payments for the  development  of a first  generation
Pallet mold totaled $50,800 in 1999 and $83,000 in 2000.

Commencing in May 2000,  additional  Pallet testing and evaluation was conducted
by  the  Pallet  and  Container  Research  Laboratory  of  Virginia  Polytechnic
Institute and State University, located in Blacksburg, Virginia. This laboratory
is  recognized  for its work in the area of testing  and  analysis  of  products
designed for use in the materials handling  industry.  Based on the initial test
results,  the  Company  and its  product  design  contractor,  TCD,  made design
adjustments to the Pallet.  Further  Pallet testing and evaluation  through 2001
resulted in further design  adjustments.  As a result of the design  adjustments
and  modifications,  the first generation mold was deemed to be of no commercial
value.  The Company  built a second  generation  mold during 2001,  at a cost of
$43,000,  incorporating  design  modifications  based on  technical  information
derived from tests of the previous  mold.  Pallets  produced from this mold were
tested and evaluated at the Pallet and Container Research  Laboratory during the
second  quarter of 2002.  The study of the second  mold  product  evaluated  the
strength,  stiffness and  durability of the Pallet as a general  purpose  pallet
with a 2,800 pound weight capacity set as the standard.

The study findings included the following:

     o    The Pallet could safely support a 2,800 pound,  uniformly  distributed
          load in warehouse storage racks as well as on conveyors;

     o    The Pallet was found to be highly  resistant to damage caused by rough
          handling,  based on the drop test protocol carried out, which involved
          dropping  empty  Pallets from various  heights  after the Pallets were
          chilled to a temperature of -13 degrees Fahrenheit; and

     o    Because the Pallet's  performance  was found to  significantly  exceed
          requirements  for a  2,800-pound  uniform  load  standard,  the  study
          recommended  that the Company  consider  reducing the  Pallet's  glass
          loading (i.e. the percentage of glass fiber used in the composite), or
          refining its design, to further reduce Pallet weight and cost.



                                       13
<PAGE>
Based on the results of testing  conducted  on the second  generation  E Pallet,
during the second quarter of 2002, the Company  engaged Metis Design to optimize
this Pallet  redesign.  The Pallet  design  modifications,  as proposed by Metis
Design, allow for a significant weight reduction of the Pallet making the Pallet
more  cost-effective  and easier to handle,  while  structural  features are not
anticipated  to be  materially  affected.  The Company is presently  negotiating
product  development  agreements with  prospective  partners to produce the next
generation  Pallet  prototypes  which  the  Company  believes  will  lead  to  a
comprehensive production agreement for Pallet manufacture.

Once  redesign  work is  completed  by Metis  Design,  the Company  will conduct
further tests on the Pallet,  with testing designed to provide information as to
the longevity of the Pallet, as compared to pallets made from non-TPF processes,
including  pallets made from other  materials.  Information  provided  from this
additional  engineering  analysis  will  further the  development  of  marketing
strategies  for the  Company.  There can be no  assurance  that this  additional
engineering will not delay the Company's plans for the  commercialization of the
Pallet.  The Company is presently  negotiating with prospective  clients who may
complete  development of the Pallet in cooperation  with the Company and make it
available for commercialization. The Company anticipates that the reengineered E
Pallet will be available for sale sometime in early 2004.

In addition to the second-generation Pallet discussed above, the Company is also
evaluating  pallets and other material handling devices  incorporating  wireless
tracking  capabilities,  based on  technology  acquired  in the  Company's  2000
acquisition of Electroship  (N.Y.) Inc. The Company believes that initial Pallet
designs that incorporate wireless tracking capabilities will prove marketable in
multiple  markets.  Company plans for  additional  development  of this wireless
tracking technology are scheduled for late 2003.

Product  Development - New Age  Shelters:  The Company and New Age Shelters Ltd.
("New Age") entered into a non-binding letter of agreement, dated March 20, 2003
replacing an earlier  agreement dated October 1, 2002,  expressing the intent of
the  parties  to  combine  their  businesses  through  a merger  of New Age into
EnviroDome LLC ("Envirodome"), a wholly-owned subsidiary of the Company. New Age
is a building  systems  manufacturing  company.  This  transaction was cancelled
after the end of the reported  period,  an action the Company  believes to be in
the best interests of both the Company and New Age Shelters Ltd.

Product  Development - Schaefer Systems  International,  Inc. On March 28, 2003,
the Company entered into a product  development and purchase  agreement with SSI
replacing  a earlier  agreement  dated  August 6, 2002.  Under the terms of this
agreement and pursuant to performance and dimensional  criteria provided by SSI,
the Company  will design and  develop and produce a quantity of  prototypes  for
field testing,  field trials and related approvals.  Payments to the Company for
successful  completion of product development will aggregate  $185,500,  with an
additional  $300,000  to be payable  if SSI  elects to  develop  an  additional,
similar product with different  dimensions.  The initial term of the contract is
26 weeks.  A payment of $61,215  was made by SSI to the  Company (at the time of
the August 6, 2002  agreement) to facilitate the  development of the proprietary
product.  The balance of the development fee is payable:  47% upon completion of
first parts off of the product and verification of performance and 20% within 30
days after Development  Completion.  SSI continued its right to order additional
development for an additional payment of $300,000.

Product Marketing and Market Exploitation:
-----------------------------------------

The Company's plan for the marketing and exploitation of its  technologies  over
the next twelve months includes:

1.   direct  development and  manufacturing  of products for materials  handling
     (pallets).
2.   3rd party  licensing  of TPF  Technology  for  specific  applications  and
     products as well as for specific geographic areas.
3.   product development for 3rd party applications and licensed manufacturing.

The Company expects to continue to market its technology  both directly  through
officers and directors and through third party marketing agreements.


                                       14
<PAGE>
The Company has entered into an preliminary agreement with a company in Thailand
for  exploitation of the Company's  technology for that country.  This agreement
provides for the manufacture  and  distribution of TPF products and includes the
rights to market,  develop  and  manufacture  applications  using the  Company's
technology  in that  country  in  exchange  for a payment  $350,000  paid at the
signing of the final agreement.  An  administrative  fee of $5,000 has been paid
into  escrow by the  licensee  but no closing  date has yet been  scheduled.  An
additional  $2,000,000  is to be paid not later  than  December  31,  2004.  The
Company is to receive ongoing royalty  payments in the amount of $0.18 per kg of
throughput  processed  by the  producers  under  these  agreements.  There is no
assurance that this transaction  will close,  that the initial fees will be paid
pursuant to this  agreement,  or if closed,  that the producers  will enter into
production generating ongoing royalties

The  Company  expects  additional  results  from a  broad  range  of  continuing
marketing and sales activities. As well, the Company expects to close its merger
with TCD during the next quarter and with it acquire  additional  marketing  and
sales opportunities.

Expected  Purchase of Plant and Significant  Equipment
and Expected  Significant Changes in Number of Employees:
--------------------------------------------------------

During  the third  quarter  of 2003,  the  Company  expects  to close its Merger
Agreement with TCD combining that company with its wholly owned  subsidiary ECC.
This will bring into the Company an existing TPF production  facility  including
equipment and leased premises.  The size of this facility is limited and is used
primarily for product  development  and small  production  runs. The Company has
continued  preliminary  development work toward the end of creating a full scale
production  facility  for  manufacture  of  Company  and third  party  products,
however,  no specific site has yet been contracted for. The Company continues to
consider  the option of  assisting a  prospective  third party  licensees in the
construction  of a  manufacturing  facility  in  exchange  for  access to such a
facility but no decision has been made. There is no assurance that funds will be
available for the  development of such a facility or that a third party licensee
can be located for the alternative.

During the balance of the fiscal year,  the Company  expects to add one to three
people to its existing staff.  As well, the Company will add personnel  required
for the operation of the existing TCD facility upon the completion of the merger
with that company. The schedule for any new production facility will dictate the
addition of any personnel associated with that facility.

Liquidity:
----------

The Company has budgeted expenditures of $720,000 for the 12 months ending March
31, 2004.  During the fiscal  quarter  ended June 30, 2003,  the Company  raised
$30,000 from the private  placement of the Company's  Common shares and had cash
remaining  at the end of the quarter of $23,252.  During this fiscal  year,  the
Company  received  $37,150 in  revenues  for  product  development  work with an
additional $37,150 of product  development and prototype work scheduled for this
customer during the third quarter of the fiscal year. The Company has in process
an additional  $185,000 of development  work for another  customer (see "Product
Development - Schaefer  Systems,  Inc.") and expects to receive  these  revenues
during the current fiscal year. The Company  conducts  product  development work
with the expectation  that successful  development will lead to manufacturing or
license contracts for the Company's process, although there is no assurance that
such  manufacturing  or  license  contacts  will  result  from this work or that
additional revenues will be forthcoming.

ITEM 3.  CONTROL AND PROCEDURES

Within the 90 days prior to the filing date of this Quarterly Report, the issuer
carried out an evaluation,  under the supervision and with the  participation of
our  Principal  Executive  Officer  and  Principal  Accounting  Officer,  of the
effectiveness  of the  design  and  operation  of our  disclosure  controls  and
procedures  as defined in Rule  13a-14(a) and Rule  15d-14(c) of the  Securities
Exchange  Act of 1934.  Based  upon that  evaluation,  the  Principal  Executive
Officer and the  Principal  Accounting  Officer  concluded  that our  disclosure
controls  and  procedures  are  effective  in timely  alerting  them to material
information relating to us (including our consolidated subsidiaries) required to
be included in this Quarterly Report.  There have been no significant changes in
our internal controls or in other factors, which could significantly affect such
internal controls, subsequent to the date we carried out our evaluation.


                                       15
<PAGE>


                           PART II -OTHER INFORMATION


ITEM 1. LEGAL PROCEEDINGS

     Reference  is made to the  Company's  Annual  Report on Form 10-KSB for the
year ended December 31, 2002 (the "2002 Annual Report"),  for a discussion of an
action  filed by Mr. Real Morel  against  the  Company in the  Supreme  Court of
British  Columbia,  Canada.  The  status  of this  matter  remains  the  same as
discussed in the 2002 Annual Report.


ITEM 2. CHANGES IN SECURITIES

     During the quarter,  the company  received an  additional  $30,000 from the
private  sale of  150,000  shares of its  common  stock at $0.20 per  share.  In
addition, these purchasers received warrants to purchase one additional share of
common stock for each on purchased,  exercisable at $0.40 per share for a period
of one year.

     In January 2003, existing warrant holders were offered a reduction in their
respective  warrant exercise prices to $0.15 per share if exercised on or before
February 14, 2003. This offer resulted in the Company  raising  $198,000 in cash
and  issuing  1,320,000  shares  of  common  stock.   Participants  were  issued
replacement warrants, exercisable over a two year period, for the same number of
shares  of the  Company's  common  stock as issued on  exercise  of the  amended
warrants.  Exercise  prices  for the new  warrants  are  $0.75  per share (as to
warrants  issued in a 2001 equity private  placement) and $0.65 per share (as to
warrants issued in a 2002 equity private placement).


ITEM 3. DEFAULTS UPON SENIOR SECURITIES

     None


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

     None


ITEM 5. OTHER INFORMATION

     None












                                       16
<PAGE>
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

        (a)   Exhibits

Exhibit
Number    Description of Document
-------   --------------------
3.1       Company's Articles of Incorporation, as amended
            October 12, 1999................................................(1)
3.2       Company's By-laws as amended and restated December 11, 2000.......(2)
10.1      Merger Agreement  by and among the Company, Electroship
            Acquisition Corp., Electroship (N.Y.) Inc., Electroship
            Partners, John Gremmo, John A. Notarianni, Leo J. Mangan,
            Raymond Anthony Joao and Richard Reichler, dated as
            of December 1, 2000.............................................(3)
10.2      Assignment of Patent Application from Electroship Partners
            to Electroship (N.Y.) Inc. and Defined Field of Use
            License Agreement between Electroship Partners and
            Electroship (N.Y.) Inc. dated as of September 30, 2000..........(3)
10.3      License Agreement between Envirokare Composite Corp. and
            Thermoplastic Composite Designs, Inc., dated March 30, 2001.....(2)
10.4      Merger Agreement by and among  the Company, Envirokare
            Composite Corp., Thermoplastic Composite Design, Inc.,
            Dale Polk, Sr. and Dale Polk, Jr., Dated March 30, 2001.........(2)
10.5      Letter Agreement between the Company and Charles H. Stein,
            dated May 8, 2001...............................................(4)
10.6      Agreement and General Release between the Company and
            Charles H. Stein, Dated November 27, 2001.......................(5)
10.7      New Age Shelters Letter Agreement, dated October 1, 2002..........(6)
10.8      Agreement with Schaefer Systems International, Inc,
            dated March 28, 2003............................................(6)
10.9      New Age Shelters Letter Agreement, dated March 20, 2002...........(7)


(1)  Filed as an exhibit to the  Company's  Annual Report on Form 10-KSB for the
     year ended  December 31, 1999,  filed with the Commission on April 7, 2000,
     and incorporated herein by reference.
(2)  Filed as an exhibit to the  Company's  Annual Report on Form 10-KSB for the
     year ended December 31, 2000,  filed with the Commission on April 16, 2001,
     and incorporated herein by reference.
(3)  Filed as an exhibit to the Company's Current Report on Form 8-K, filed with
     the Commission on January 3, 2001, and incorporated herein by reference.
(4)  Filed as an exhibit to the  Company's  Quarterly  Report on Form 10-QSB for
     the period  ended March 31,  2001,  filed with the  Commission  on June 15,
     2001, and incorporated herein by reference.
(5)  Filed as an exhibit to the  Company's  Annual Report on Form 10-KSB for the
     year ended December 31, 2001,  filed with the Commission on March 28, 2002,
     and incorporated herein by reference.
(6)  Filed as an exhibit to the  Company's  Annual Report on Form 10-KSB for the
     year ended December 31, 2002,  filed with the Commission on April 14, 2002,
     and incorporated herein by reference.
(7)  Filed  as  an exhibit to  the Company's Quarterly Report on Form 10-QSB for
     the quarter ended March 31, 2003, filed with the Commission on May 15, 2003
     and incorporated herein by reference.


       b)  Reports on Form 8-K

     A report  on Form 8-K was  filed  by the  Company  on  February  20,  2003,
concerning  the issuance of a press release to announce that it raised  $198,000
from current warrant  holders in connection  with an offer to amend  outstanding
warrants issued in equity private placement  transactions  during 2001 and 2002.
See "Part II-Item 2. Changes in Securities"






                                       17
<PAGE>
                                    SIGNATURE

In accordance  with Section 13 or 15(d) of the Exchange Act, the  Registrant has
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized, On August 14, 2003.

                                       ENVIROKARE TECH INC.


                                       By:  /s/  George Kazantzis
                                          -----------------------
                                            Name:  George Kazantzis
                                           Title:  President,
                                                   Interim Chief Executive
                                                   Officer and Treasurer


                                 CERTIFICATIONS

I, George Kazantzis, certify that:

     1.   I have  reviewed  this  quarterly  report on Form 10-QSB of Envirokare
          Tech, Inc.;
     2.   Based on my  knowledge,  this  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 presents 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 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  registrant's  board  of  directors  (or  persons
          performing the equivalent functions):
          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 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  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:  August 14, 2003            ENVIROKARE TECH, INC.
                                        /s/    GEORGE KAZANTZIS
                                        ----------------------------------------
                                        Name:    George Kazantzis
                                        Title:   President, Interim Chief
                                                 Executive Officer and Treasurer

                                       18