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  March  31,  2001.

OR

/   /     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT  OF  1934
For  the  transition  period  from  __________  to  __________

                        Commission file number 000-27615


                      CREATIVE PRODUCTS INTERNATIONAL, INC.
                 (Name of small business issuer in its charter)
                      ------------------------------------

DELAWARE                                                              52-2158936
(State  or  other  jurisdiction  of            (IRS Employer Identification No.)
incorporation  or  organization)

                      ------------------------------------

                    3317 3RD AVE S, SEATTLE, WASHINGTON 98134
                          (principle executive offices)

                                 (206) 264-1005
                (issuer's telephone number, including area code)
                      ------------------------------------

   Securities registered under Section 12(b) of the Exchange Act:         None
   Securities registered under Section 12(g) of the Exchange Act:
               Common  Stock,  $.01  par  value
               Warrants  to  purchase  common  stock


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

Yes  X  No
    ---     ---

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

Not  applicable

                    APPLICABLE ONLY TO CORPORATE REGISTRANTS

State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of the latest practicable. As of March 31, 2001, the Registrant had
2,287,205  shares  of  Common  Stock  outstanding.

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


                                        1
<PAGE>
<TABLE>
<CAPTION>
                         CREATIVE PRODUCTS INTERNATIONAL, INC
                             (A DEVELOPMENT STAGE COMPANY)
                                      FORM 10-QSB
                      FOR THE 3 MONTH PERIOD ENDED MARCH 31, 2001




         INDEX                                                             PAGE NUMBER

<S>      <C>                                                               <C>
PART I:  FINANCIAL INFORMATION

Item 1   Balance Sheet at March 31, 2001 . . . . . . . . . . . . . . . . . . . . . . 3
           (unaudited)

         Statements of Operations for the three month period
           ended March 31, 2001 and 2000 (unaudited) . . . . . . . . . . . . . . . . 4

         Statement of Stockholders' Equity (unaudited) . . . . . . . . . . . . . . . 5

         Statements of Cash Flows for the three month period
           ended March 31, 2001 and 2000 (unaudited) . . . . . . . . . . . . . . . . 6

         Notes to Financial Statements . . . . . . . . . . . . . . . . . . . . . . . 7


Item 2   Management's Discussion and Analysis of Financial Condition and
           Results of Operations . . . . . . . . . . . . . . . . . . . . . . . . . . 7
</TABLE>


                                        2
<PAGE>
<TABLE>
<CAPTION>
                        CREATIVE PRODUCTS INTERNATIONAL, INC.
                            (A Development Stage Company)

                                    BALANCE SHEET
                                   March 31, 2001
                                    (Unaudited)


                    ASSETS


<S>                                                            <C>
Current Assets
  Cash and cash equivalents                                    $             12,452

Long-Term Assets
  Deposit                                                                    15,000
  Intangible assets                                                         117,521
  Equipment                                                                  23,341
                                                               ---------------------

                                                                            155,862
                                                               ---------------------

                                                               $            168,313
                                                               =====================



        LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
  Accounts payable                                             $             82,494
  Note to stockholder                                                       300,781
                                                               ---------------------

        Total current liabilities                                           383,274

Stockholders' Equity
  Preferred stock, par value $.01 per share, 1,000,000 shares
    authorized, none issued and outstanding                                       -
  Common stock, par value $.01 per share, 15,000,000 shares
    authorized, 2,287,205 shares issued and outstanding                      22,872
  Additional paid-in capital                                                886,980
  Deficit accumulated during the development stage                       (1,124,814)
                                                               ---------------------

        Total stockholders' equity                                         (214,962)
                                                               ---------------------

                                                               $            168,313
                                                               =====================
</TABLE>


                        See Notes to Financial Statements


                                        3
<PAGE>
<TABLE>
<CAPTION>
                            CREATIVE PRODUCTS INTERNATIONAL, INC.
                                (A Development Stage Company)

                                   STATEMENTS OF OPERATIONS
                      For the 3 Month Periods Ended March 31, 2001 and 2000
       and for the Period from March 25, 1999 (date of incorporation) to March 31, 2001
                                         (Unaudited)



                                                       Cumulative      3 Month       3 Month
                                                          During       Period        Period
                                                        Development    March 31     March 31
                                                           Stage        2001          2000
                                                       ------------  -----------  -----------
<S>                                                    <C>           <C>          <C>
Marketing                                              $   289,571   $   10,823   $        -
Administration                                             376,241      115,655       12,565
Professional fees                                           40,013       18,555        6,681
Amortization and depreciation                               62,426        6,743        8,717
Write-off of intangible assets                             629,082
                                                       ------------  -----------  -----------

        Loss from operations                            (1,397,334)    (151,777)     (27,963)

Other income - interest                                      8,398          549        3,733
Other expense - interest on stockholder note               (12,471)      (5,158)
                                                       ------------  -----------  -----------

        Loss before extraordinary item                  (1,401,407)    (156,386)     (24,230)


Extraordinary item - gain on extinguishment of debt        276,593      276,593
                                                       ------------  -----------  -----------

        Net Income (Loss)                              $(1,124,814)  $  120,207   $  (24,230)
                                                       ============  ===========  ===========


Basic and diluted net income (loss) per common share   $     (0.75)  $     0.05   $    (0.01)
                                                       ============  ===========  ===========

      Loss before extraordinary item                   $     (0.94)  $    (0.07)  $    (0.01)
                                                       ============  ===========  ===========

      Extraordinary item                               $      0.19   $     0.12   $    (0.01)
                                                       ============  ===========  ===========


Weighted average common shares outstanding               1,487,050    2,287,205    1,912,205
                                                       ============  ===========  ===========
</TABLE>


                        See Notes to Financial Statements


                                        4
<PAGE>
<TABLE>
<CAPTION>
                                     CREATIVE PRODUCTS INTERNATIONAL, INC
                                         (A Development Stage Company)

                                      STATEMENTS OF STOCKHOLDERS' EQUITY
                       For the Period Ended March 31, 2001 for the Period March 25, 1999
                                   (Date of Incorporation) to March 31, 2001
                                                  (Unaudited)


                                                  Common Stock                        Deficit
                                               ---------------------                Accumulated
                                                                      Additional    During the
                                  Date of       Number                  Paid-in     Development
                                Transaction    of Shares  Par Value     Capital        Stage         Total
                               --------------  ---------  ----------  -----------  -------------  ------------
<S>                            <C>             <C>        <C>         <C>          <C>            <C>
Shares issued for cash         Mar  25, 1999           1  $        -  $    50,000  $          -   $    50,000

Intangible assets contributed
  in spin-off transaction      Jun  30, 1999                              165,652                     165,652

Shares issued for cash         Sept  27, 1999  1,528,204      15,282      284,718                     300,000

Shares issued for cash         Oct  4, 1999      384,000       3,840       15,360                      19,200

Net loss for 1999                                                                       (33,139)      (33,139)
                                               ---------  ----------  -----------  -------------  ------------

Balance, December 31, 1999                     1,912,205  $   19,122  $   515,730  $    (33,139)      501,713

Shares issued for cash         Dec  4, 2000      375,000       3,750      371,250                     375,000

Net loss for 2000                                                                    (1,211,881)   (1,211,881)
                                               ---------  ----------  -----------  -------------  ------------

Balance, December 31, 2000                     2,287,205  $   22,872  $   886,980  $ (1,245,020)     (335,168)

Net income for 3 Month Period
 ended March 31, 2001                                                                   120,206       120,206
                                               ---------  ----------  -----------  -------------  ------------

Balance, March 31, 2001                        2,287,205  $   22,872  $   886,980  $ (1,124,814)  $  (214,962)
                                               =========  ==========  ===========  =============  ============
</TABLE>


                        See Notes to Financial Statements


                                        5
<PAGE>
<TABLE>
<CAPTION>
                                        CREATIVE PRODUCTS INTERNATIONAL, INC.
                                            (A Development Stage Company)

                                               STATEMENTS OF CASH FLOWS
                   For the Period Ended March 31, 2001 and 2000, and for the Period March 25, 1999
                                      (Date of Incorporation) to March 31, 2001
                                                    (Unaudited)


                                                                        Cumulative   3 month      3 month
                                                                          During      period       period
                                                                        Development  March 31     March 31
                                                                           Stage       2001        2000
                                                                       ------------  ---------  ----------
<S>                                                                    <C>           <C>        <C>
Cash Flows from Operating Activities
  Net income (loss)                                                    $(1,124,814)  $ 120,207  $ (24,230)
  Adjustments to reconcile net income (loss) to net cash flows
    from operations
    Amortization                                                            54,078       4,406      8,717
    Depreciation                                                             8,348       2,337
    Write-off of intangible assets                                         629,082
    Extraordinary item                                                    (276,593)   (276,593)
    Change in other operating assets and liabilities
      Deposits                                                             (15,000)    (19,800)
      Accounts payable                                                     384,088      55,717      8,266
      Accrued salaries                                                     (25,000)    (11,712)
                                                                       ------------  ----------  ---------

        Net cash flows from operating activities                          (365,811)   (105,637)   (27,047)

Cash Flows from Investing Activities
  Purchase of intangible assets                                           (635,028)    (53,783)   (97,200)
  Purchase of equipment                                                    (31,689)     (2,779)
                                                                       ------------  ----------  ---------

        Net cash flows from investing activities                          (666,717)    (56,562)   (97,200)

Cash Flows from Financing Activities
  Proceeds from issuance of common stock                                   744,200
  Proceeds from stockholder note                                           300,780      53,439      6,250
                                                                       ------------  ----------  ---------

        Net cash flows from financing activities                         1,044,980      53,439      6,250
                                                                       ------------  ----------  ---------

        Net increase (decrease) in cash                                     12,452    (108,760)  (117,997)

Cash and cash equivalents, beginning of period                                   -     121,212    370,400
                                                                       ------------  ----------  ---------

Cash and cash equivalents, end of period                               $    12,452   $  12,452   $252,403
                                                                       ============  ==========  =========

Supplemental Disclosure
-----------------------
No cash was paid for interest or income taxes in 2001, 2000 or 1999.
</TABLE>


                        See Notes to Financial Statements


                                        6
<PAGE>
                      CREATIVE PRODUCTS INTERNATIONAL, INC
                          (A DEVELOPMENT STAGE COMPANY)
                                 MARCH 31, 2001


NOTES  TO  FINANCIAL  STATEMENTS

NOTE  1.  ORGANIZATION  AND  DESCRIPTION  OF  BUSINESS

Creative  Products  International Inc, ("the Company") which was incorporated on
March  25,  1999,  is  in  the development stage.  The Company's objective is to
commercialize  certain  Internet-based,  promotion  and  coupon  redemption
merchandising  services  to  consumer  product  manufacturers.

NOTE  2.  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

The  interim  period financial statements contained herein have been prepared by
the  Registrant pursuant to the rules and regulations of the U.S. Securities and
Exchange  Commission.  Certain  information  and  footnote  disclosures normally
included  in financial statements prepared in accordance with generally accepted
accounting  principles have been condensed or omitted pursuant to such rules and
regulations.  These  interim  period statements should be read together with the
audited  financial statements and accompanying notes included in the Registrants
latest  annual  report  on Form 10-KSB for the year ended December 31, 2000.  In
the  opinion  of  the  Registrant,  the unaudited financial statements contained
herein contain all adjustments necessary in order to present a fair statement of
the  results  for  the  interim  periods  presented.

NOTE  3.  SALE  OF  SECURITIES

On  October  4,  1999,  The  Company  sold  to the CEO and Chairman of the Board
384,000  shares  of common stock, in connection with an employment agreement for
an  aggregate cash consideration of $19,200, which consideration the independent
directors  of  the  Company  concluded  was not less than the fair value of such
shares,  based  on  certain  factors  and  the appraisal of such shares that was
conducted  by  an  independent valuation firm.  On December 4, 2000, the Company
completed a private placement in which it sold 375,000 units to investors.  Each
unit,  priced at $1, entitled investors to receive one share of common stock and
one warrant to purchase one share of the Company's common stock, for a period of
5  years from the date the Company's common stock begins trading on an exchange.
The  Company's  CEO  purchased  100,000  units  in  this  private  placement.

The Company's continued operations and site development activities are dependent
upon  the  Company's securing additional sources of working capital through debt
or  equity.  Failure  to  obtain  additional  working  capital may result in the
Company  suspending  operations.  The  Company  continues  to  incur development
expenses and does not anticipate generating any material revenues in 2001. There
is  no  assurance  that  the  Company  will be successful in securing additional
sources  of  working capital necessary to complete development stage operations,
retain  qualified management and staff, and maintain business operations to such
time  as the Company can achieve positive cash flow.  Further adverse changes in
general  economic  conditions,  the appetite of financial investors to invest in
start  up  internet  businesses  with  an  uncertain  future,  and manufacturers
interest  in  promoting  products  and  services  online  to  consumers.

NOTE  4.  GOING  CONCERN

The  Company's  ability  to  continue  as a going concern is contingent upon its
ability  to  identify new investors for the Company.  The investment climate for
web-related  businesses  raises concerns about the Company's ability to continue
as  a  going  concern.  The  Company's ability to continue as a going concern is
contingent  upon  its  ability  to achieve positive cash flow from operating and
financing activities.  There is no assurance that the Company will be successful
in  its  efforts to significantly improve its financial and operating condition,
attract  new investors, sell its business, or develop the strategic partnerships
necessary  to  meet  the  Company's  business  and  financial  objectives.

NOTE  5.  POST  PERIOD  EVENT

During  the  current  fiscal  quarter,  the  Company's  CEO loaned an additional
$40,000  to  the  Company.  The  loan  is  secured  by  the Company's assets and
received accrued interest at 8%.  The CEO is also entitled to receive additional
warrants  as  part  of  the  loan  agreement  with  the  Company.


                                        7
<PAGE>
ITEM  2:     MANAGEMENTS  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL CONDITION AND
RESULTS  OF  OPERATIONS

The  following  analysis of the results of operations and financial condition of
the  Company  should be read in conjunction with financial statements, including
the  notes  thereto,  of  the  Company  contained elsewhere in this form 10-QSB.

OVERVIEW

Creative  Products International Inc is a development stage company organized to
commercialize  certain internet-based businesses.  The Company's first business,
developed  under  the  business  names Coupons4Everything.com ("C4e") and ePromo
Networks  intends  to  offer  fully integrated manufacturer's coupons and rebate
distribution  and processing services for client consumer product manufacturers.
C4e  seeks  to be the largest source for brand name coupons and rebates for home
consumers to use for both off-line and eventually for on-line product purchases.
Other  services offered by the site are expected to be market research, consumer
database generation, free sample distribution, and comparative product research.
Income  will  primarily  be  generated  by  placement  listing  fees  paid  by
manufacturers  to  the Company.  From the date of the Company's incorporation in
March 1999 to present, the Company has had limited operations.  Management plans
to  finance  the  continued  development  of  its  business  through  strategic
partnerships  and  financial  investors.

RESULTS  OF  OPERATIONS

As the Company is still in its development stage, it generated no income revenue
since  inception  on  March  25,  1999.  The Company does not anticipate it will
generate  any  significant  revenues  during  the  current  fiscal  year.

The  Company  generated  interest  income of $8,399 during the development stage
period  from  March 25, 1999 to March 31, 2001.  For the quarter ended March 31,
2001  and  2000,  the  Company  generated  interest  income  of  $549 and $3,733
respectively.  Total  operating  expenses  during  the  development  stage  was
$1,397,334,  of  which  $151,777 was incurred during the quarter ended March 31,
2001.  Administrative  and  salary  expenses  were $115,655 of which $37,500 was
accrued  salary  to an officer.  For the quarter ended 2001, marketing and sales
expenses  represented  $10,823.  In the three-month period ended March 31, 2001,
the  Company  generated $6,743 in deprecation and amortization expense, compared
to $8,717 in the three-month period ended March 31, 2000.  The decrease reflects
a  reduction  in  technology  related  assets.

During  the  three-month  period,  the  Company  incurred  capitalized  website
development  costs  of  $53,783  and  $2,779  for  equipment.

The  Company  had  an extraordinary gain of $276,593 due to the forgiveness of a
vendor  of  certain  technology-related  accounts  payable  during  the quarter.

As  a  result  of the foregoing, the Company generated a net loss from operating
activities  of  $156,386  but,  due  to  the extraordinary item, generated a net
profit  of  $120,207.  Net income per share for the fiscal quarter ended 3/31/01
was  $.05  compared to a net loss per share of $.01 for the fiscal quarter ended
3/31/00.  During  the  development stage, the Company generated a total net loss
of  $1,124,814.,  or,  $.075  per  share.

The  Company's  liquidity  and  capital resources at March 31, 2001 consisted of
cash  of  $12,452.  The Company is seeking new sources of equity to continue its
development  and  business  commercialization activities.  There is no assurance
that  the  Company  will be able to secure additional financing, through debt or
equity,  which is required to complete development of its businesses, organize a
financially  viable  internet  website,  or  ultimately  implement  its  service
commercialization  plans.

There has been a significant change in the stock market's assessment of value of
certain  technology  and  internet related businesses.  Many of these technology
stocks  offer various web-related services, and may not be generating profits or
adequate  cash  flow  to  support  their  long-term  business  activity.  This
correction  may  affect  the Company's ability to raise capital for its intended
operations.  Further,  the  venture  capital markets have reportedly become more
selective  in  investing  in  start-up  businesses,  taking  more time to review
proposed  transactions  and  asking  for  larger equity stakes to compensate for
additional  perceived  risk.  These  factors may affect the Company's ability to
raise  new  capital,  which  it must to continue development of its business and
launch  its  website,  and  the amount of the dilution to existing stockholders.


                                        8
<PAGE>
LOSS  PER  SHARE

SFAS  128  establishes standards for computing and presenting earnings per share
("EPS")  and  applies  to  entities with publicly held common stock or potential
common  stock.  In  accordance  with SFAS No 128, the computation of diluted EPS
shall  not assume conversion, exercise or contingent issuance of securities that
would  have  antidilutive effect on earnings per share.  SFAS No 128 also states
that  although  including  those  potential  common  shares  in  the  other
diluted-per-share  computations  may  be  dilutive  to  their  comparable  basic
per-share  amounts,  no  potential  common  shares  shall  be  included  in  the
computation  of  any  diluted  per-share  amount  when  a  loss  from continuing
operations  exist,  even  if  the  entity  reports  net  income.

FORWARD-LOOKING  STATEMENTS

This Form 10-QSB and other reports and statements filed by the Company from time
to  time  with  the  Securities  and  Exchange  Commission  (collectively,  the
"Filings")  contain  or  may  contain forward-looking statements and information
that  are  based  upon  beliefs  of, and information currently available to, the
Company's management, as well as estimates and assumptions made by the Company's
management.

When  used  in  the  Filings,  the  words  "anticipate,"  "believe," "estimate,"
"expect," "future," "intend," "plan," and similar expressions, as they relate to
the  Company  or  the Company's management, identify forward-looking statements.
Such  statements  reflect the current view of the Company with respect to future
events  and  are subject to risks, uncertainties and assumptions relating to the
Company's  operations and results of operations, competitive factors and pricing
pressures,  shifts in market demand, the performance and needs of the industries
which  constitute the customers of the Company, the costs of product development
and other risks and uncertainties, in addition to any uncertainties with respect
to management of growth, increases in sales, the competitive environment, hiring
and  retention  of  employees,  pricing,  new  product  introductions,  product
productivity,  distribution  channels,  enforcement  of  intellectual  property
rights,  possible  volatility  of  stock  price  and general industry growth and
economic  conditions.  Should  one  or  more  of  these  risks  or uncertainties
materialize,  or  should  the  underlying  assumptions  prove  incorrect, actual
results  may  differ  significantly from those anticipated, believed, estimated,
expected,  intended  or  planned.


                                        9
<PAGE>
                                   SIGNATURES

In  accordance  with  the  requirements of Section 13 or 15(d) of the Securities
Exchange  Act  of  1934,  the  registrant caused this report to be signed on its
behalf  by  the  undersigned, thereunto duly authorized, in the City of Seattle,
Washington,  on  May  14,  2001.

                                        CREATIVE  PRODUCTS  INTERNATIONAL,  INC


                                        By:  /s/  Susan  A.  Schreter


In  accordance  with  the requirements of the Exchange Act, this report has been
signed  by  the  following  persons  on  behalf  of  the  registrant  and in the
capacities  and  on  the  dates  indicated:


SIGNATURE                    TITLE                    DATE

Susan  A  Schreter           Chairman  and  CEO       May  14,  2001


                                       10
<PAGE>