UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C., 20549
                                  FORM 10-Q SB

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

                   For the quarter report ended June 30, 2002
                                       or

( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

                  For the transition period from to ___________

                        Commission File number 000-28581

                         OASIS INFORMATION SYSTEMS, INC.

   (Exact name of small business issuer as registrant as specified in charter)

         Nevada                                        94-3342064
(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                      Identification No.)

                 850 W. Hastings St. #411, Vancouver, BC V6C1E1
                     (Address of principal executive office)

          Registrants telephone no., including area code (604) 801-5022


                    (Former name, changed since last report)

     Check whether the registrant (1) has filed all reports required to be filed
by  Section  13 or 15(d)  of the  Securities  Exchange  Act of 1934  during  the
preceding 12 months (or for such shorter period that the registrant was required
to file such  reports),  Yes [X] No [ ] and (2) has been  subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate  the number of shares  outstanding  of each of the  issuers  classes of
common stock, as of the last practicable date.

                  Class                    Outstanding as of June 30, 2002
          Common Stock, $0.001                     9,316,784

                                        i





                                TABLE OF CONTENTS
                          PART 1. FINANCIAL INFORMATION

Heading                                                               Page

Item 1.                    Financial Statements                      2

                           Balance Sheets  June 30, 2002
                              And December 31, 2001                  3-4

                           Statements of Operations  six months
                              Ended June 30, 2002 and June 30, 2001  5

                           Statement of Stockholders Equity           6-9

                           Statements of Cash Flows  six months
                              Ended June 30, 2002 and June 30, 2001  10-11

                           Notes to Financial Statements             12-17

Item 2.                    Managements Discussion and Analysis and
                              Result of Operations                    18-19




                           PART II. OTHER INFORMATION

Item 1.                    Legal Proceedings                      19

Item 2.                    Changes in Security                     19

Item 3.                    Defaults Upon Senior Securities         19

Item 4.                    Submission of Matter to a Vote of       19-20
                               Securities Holders

Item 5.                    Other Information                       20

Item 6.                    Exhibits and Reports on Form 8-K         20

                           Signatures                              21






                                       ii






                          PART 1 FINANCIAL INFORMATION

                          Item 1. Financial Statements


     The  accompanying  unaudited  financial  statements  have been  prepared in
accordance  with the  instructions  for Form  10-Q  pursuant  to the  rules  and
regulations of the Securities and Exchange  Commission  and,  therefore,  do not
include all information and footnotes  necessary for a complete  presentation of
the financial  position,  results of operations,  cash flows,  and  stockholders
equity in conformity  with  generally  accepted  accounting  principles.  In the
opinion  of  management,   all  adjustments  considered  necessary  for  a  fair
presentation  of the results of  operations  and  financial  position  have been
included and all such adjustments are of a normal
recurring nature.

     The  unaudited  balance  sheet of the Company as of June 30, 2002,  and the
related balance sheet of the Company as of December 31, 2001,  which was derived
from the Companys  audited  financial  statements,  the unaudited  statement of
operations  and cash  flows  for the six  months  ended  June  30,  2002 and the
statement of  stockholders  equity for the period from December 31, 2000 through
June 30, 2002 are attached hereto and incorporated herein by this reference.

     Operating  results for the quarter ended June 30, 2002 are not  necessarily
indicative of the results that can be expected for the year ending  December 31,
2002.




                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)

                              FINANCIAL STATEMENTS

                       June 30, 2002 and December 31, 2001






                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)
                                 Balance Sheets




                                     ASSETS

                                                 June 30,          December 31,
                                                  2002                2001
                                               (Unaudited)
CURRENT ASSETS

Cash$                                                       18         $  5,988

Total Current Assets                                        18            5,988

FIXED ASSETS

Telecommunications equipment                            13,862           13,862
Software                                                76,783           76,783
Office furniture and equipment                          19,210           19,210
Accumulated depreciation                               (51,103)         (35,090)

Total Fixed Assets                                      58,752           74,765

OTHER ASSETS

Intangibles                                                  -                -

Total Other Assets                                           -                -

TOTAL ASSETS                                          $ 58,770         $ 80,753


                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)
                           Balance Sheets (Continued)


                 LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)

                                                June 30,          December 31,
                                                  2002                2001
                                              (Unaudited)
CURRENT LIABILITIES

Accounts payable                                  $    82,514       $   111,270
Notes payable - related party                          37,007            85,239
Line of credit                                              -            60,000
Current portion of notes payable                       68,030            68,030
Accrued expenses                                       35,626            37,256

Total Current Liabilities                             223,177           361,795

STOCKHOLDERS EQUITY (DEFICIT)

Common stock; $0.001 par
value, 200,000,000 shares
authorized, 9,316,784
and 1,362,116 shares issued
and outstanding, respectively                           9,317             1,362
Additional paid-in capital                          5,587,994         4,999,349
Subscription receivable                               (54,750)          (15,000)
Common stock issued for
options to enter lease                               (318,750)                -
Other comprehensive loss                              (30,000)          (30,000)
Deficit accumulated prior
to the development stage                           (4,659,300)       (4,659,300)
Deficit accumulated during
the development stage                                (698,918)         (577,453)

Total Stockholders Equity (Deficit)                  (164,407)         (281,042)

TOTAL LIABILITIES AND STOCKHOLDERS
EQUITY (DEFICIT)                                  $    58,770       $    80,753



                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)
                            Statements of Operations
                                   (Unaudited)

                                               For the
                                            Three Months Ended
                                                June 30,
                                          2002            2001

REVENUES                              $           -  $           -
OPERATING EXPENSES

   Management fees                           15,001              -
   Advertising and promotion                      -              -
   Depreciation and amortization              7,573          6,057
   General and administrative                24,360         58,563

     Total Operating Expenses                46,934         64,620

OPERATING LOSS                              (46,934)       (64,620)

OTHER INCOME (EXPENSE)

   Interest expense                          (3,511)        (5,516)

     Total Other Income (Expense)            (3,511)        (5,516)

LOSS FROM CONTINUING
 OPERATIONS                                 (50,445)       (70,136)

GAIN FROM DISCONTINUED
 OPERATIONS                                       -              -

NET LOSS                              $     (50,445) $     (70,136)

OTHER COMPREHENSIVE LOSS

   Loss on valuation of marketable
    securities                                    -              -

     Total Other Comprehensive
      Loss                                        -              -

NET COMPREHENSIVE LOSS                $     (50,445) $     (70,136)

BASIC LOSS PER SHARE

   Continuing operations              $       (0.01)         (0.06)
   Discontinued operations                    (0.00)         (0.00)

     Total Loss Per Share             $       (0.01)         (0.06)

WEIGHTED AVERAGE NUMBER
 OF SHARES OUTSTANDING                    3,777,560      1,178,416


                                                         For the
                                                  Six Months Ended
                                                         June 30,
                                                   2002           2001

REVENUES                                 $           -   $           -

OPERATING EXPENSES

Management fees                                 34,900          48,061
Advertising and promotion                            -           3,643
Depreciation and amortization                   16,013          12,114
General and administrative                      61,566         187,774

Total Operating Expenses                       112,479         251,592

OPERATING LOSS                                (112,479)       (251,592)

OTHER INCOME (EXPENSE)

Interest expense                                (8,986)        (11,441)

Total Other Income (Expense)                    (8,986)        (11,441)

LOSS FROM CONTINUING
OPERATIONS                                    (121,465)       (263,033)

GAIN FROM DISCONTINUED
OPERATIONS                                           -          25,000

NET LOSS                                $     (121,465) $     (238,033)

OTHER COMPREHENSIVE LOSS

Loss on valuation of marketable
securities                                           -               -

Total Other Comprehensive
Loss                                                 -               -
NET COMPREHENSIVE LOSS                  $     (121,465) $     (238,033)

BASIC LOSS PER SHARE

Continuing operations                   $        (0.05) $       (0.20)
Discontinued operations                             (0.00)      (0.00)

Total Loss Per Share                    $        (0.05) $       (0.20)

WEIGHTED AVERAGE NUMBER
OF SHARES OUTSTANDING                        2,563,165       1,172,377






                                                                       From
                                                                  Inception of
                                                                   Development
                                                                     Stage on
                                                                     January 1,
                                                                    2001 Through
                                                                      June 30,
                                                                       2002

REVENUES                                                        $             -

OPERATING EXPENSES

Management fees                                                         156,180
Advertising and promotion                                                 3,643
Depreciation and amortization                                            53,066
General and administrative                                              457,844

Total Operating Expenses                                                670,733

OPERATING LOSS                                                         (670,733)

OTHER INCOME (EXPENSE)

Interest expense                                                        (28,185)

Total Other Income (Expense)                                            (28,185)

LOSS FROM CONTINUING
OPERATIONS                                                             (698,918)

GAIN FROM DISCONTINUED
OPERATIONS                                                                    -

NET LOSS                                                              $(698,918)

OTHER COMPREHENSIVE LOSS

Loss on valuation of marketable
securities                                                              (30,000)

Total Other Comprehensive
Loss                                                                    (30,000)

NET COMPREHENSIVE LOSS                                                $(668,918)

BASIC LOSS PER SHARE

Continuing operations
Discontinued operations

Total Loss Per Share

WEIGHTED AVERAGE NUMBER
OF SHARES OUTSTANDING


                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)
                   Statements of Stockholders Equity (Deficit)


                                                                     Additional
                                                   Common Stock       Paid-In
                                              Shares         Amount    Capital

Balance, December 31, 2000                     349,510   $      348   $4,108,875

January 10, 2001, common stock
issued for debt reduction at
$2.00 per share                                187,606          188      366,300

January 23, 2001, common stock
issued for debt reduction valued
at $2.00 per share                              12,500           13       24,987

January 31, 2001, common stock
issued for investment valued at
$2.00 per share                                  6,250            6       12,494

January 31, 2001, common stock
issued for debt reduction valued
at $2.00 per share                              43,750           44       87,456

April 26, 2001, common stock
issued for services valued at
$2.00 per share                                 12,500           13       24,987

Subscription receivable received                     -            -            -

September 17, 2001, common stock
issued for cash valued at $0.50
per share                                      550,000          550      274,450

September 17, 2001, common stock
issued for debt reduction valued
at $0.50 per share                              50,000           50       24,950

September 17, 2001, common stock
issued for services valued
at $0.50 per share                              50,000           50       24,950

September 17, 2001, common stock
issued for subscription receivable
valued at $0.50 per share                      100,000          100       49,900

Balance Forward                              1,362,116   $    1,362   $4,999,349










                                                     Stock issued     Other
                                Subscription          for Lease    Comprehensive
                                 Receivable               Option   Income (Loss)

Balance, December 31, 2000           $(10,000)   $            -   $


January 10, 2001, common stock
issued for debt reduction at
$2.00 per share                             -                 -                -

January 23, 2001, common stock
issued for debt reduction valued
at $2.00 per share                          -                 -                -

January 31, 2001, common stock
issued for investment valued at
$2.00 per share                             -                 -                -

January 31, 2001, common stock
issued for debt reduction valued
at $2.00 per share                          -                 -                -

April 26, 2001, common stock
issued for services valued at
$2.00 per share                             -                 -                -

Subscription receivable received       10,000                 -                -

September 17, 2001, common stock
issued for cash valued at $0.50
per share                                   -                 -                -

September 17, 2001, common stock
issued for debt reduction valued
at $0.50 per share                          -                 -                -

September 17, 2001, common stock
issued for services valued
at $0.50 per share                          -                 -                -

September 17, 2001, common stock
issued for subscription receivable
valued at $0.50 per share             (50,000)                -                -

Balance Forward                      $(50,000)   $            -   $            -






                                                           Accumulated
                                                             Deficit

Balance, December 31, 2000                                $(4,659,300)

January 10, 2001, common stock
issued for debt reduction at
$2.00 per share                                                     -

January 23, 2001, common stock
issued for debt reduction valued
at $2.00 per share                                                  -

January 31, 2001, common stock
issued for investment valued at
$2.00 per share                                                     -

January 31, 2001, common stock
issued for debt reduction valued
at $2.00 per share                                                  -

April 26, 2001, common stock
issued for services valued at
$2.00 per share                                                     -

Subscription receivable received                                    -

September 17, 2001, common stock
issued for cash valued at $0.50
per share                                                           -

September 17, 2001, common stock
issued for debt reduction valued
at $0.50 per share                                                  -

September 17, 2001, common stock
issued for services valued
at $0.50 per share                                                  -

September 17, 2001, common stock
issued for subscription receivable
valued at $0.50 per share                                           -

Balance Forward                                           $(4,659,300)



                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)
            Statements of Stockholders Equity (Deficit) (Continued)



                                                                      Additional
                                                  Common Stock          Paid-In
                                             Shares         Amount     Capital

Balance Forward                              1,362,116   $    1,362   $4,999,349

Subscription receivable received                     -            -            -

Unrealized loss on securities                        -            -            -

Net loss for the year ended
December 30, 2001                                    -            -            -

Balance, December 31, 2001                   1,362,116        1,362    4,999,349

May 31, 2002, common stock issued
for debt reduction valued at $0.075
per share (unaudited)                          699,867          700       51,790

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                646,400          646       47,834

May 31, 2002, common stock issued
for debt reduction valued at $0.075
per share (unaudited)                          866,400          866       64,114

May 31, 2002, common stock issued
for debt and subscription receivable
valued at $0.075 per share (unaudited)         208,667          209       15,441

May 31, 2002, common stock issued
for subscription receivable valued at
$0.075 per share (unaudited)                   466,667          467       34,533

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                 66,667           67        4,933

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                700,000          700       51,800

Balance Forward                              5,016,784   $    5,017   $5,269,794







                                                    Stock issued         Other
                                     Subscription     for Lease    Comprehensive
                                     Receivable        Other      Income (Loss)

Balance Forward                           $(50,000)   $         -     $      -


Subscription receivable received            35,000                 -          -

Unrealized loss on securities                    -                 -    (30,000)

Net loss for the year ended
December 30, 2001                                -                 -          -

Balance, December 31, 2001                 (15,000)                -    (30,000)


May 31, 2002, common stock issued
for debt reduction valued at $0.075
per share (unaudited)                            -                 -          -

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                  -                 -          -

May 31, 2002, common stock issued
for debt reduction valued at $0.075
per share (unaudited)                            -                 -          -

May 31, 2002, common stock issued
for debt and subscription receivable
valued at $0.075 per share (unaudited)      (4,750)                -          -

May 31, 2002, common stock issued
for subscription receivable valued at
$0.075 per share (unaudited)               (35,000)                -          -

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                  -                 -          -

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                  -                 -          -

Balance Forward                           $(54,750)   $            -   $(30,000)





                                                           Accumulated
                                                             Deficit

Balance Forward                                             $(4,659,300)

Subscription receivable received                                      -

Unrealized loss on securities                                         -

Net loss for the year ended
December 30, 2001                                              (577,453)

Balance, December 31, 2001                                  $(5,236,753)

May 31, 2002, common stock issued
for debt reduction valued at $0.075
per share (unaudited)                                                 -

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                                       -

May 31, 2002, common stock issued
for debt reduction valued at $0.075
per share (unaudited)                                                 -

May 31, 2002, common stock issued
for debt and subscription receivable
valued at $0.075 per share (unaudited)                                -

May 31, 2002, common stock issued
for subscription receivable valued at
$0.075 per share (unaudited)                                          -

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                                       -

May 31, 2002, common stock issued
for related party debt reduction valued
at $0.075 per share (unaudited)                                       -

Balance Forward                                             $(5,236,753)










                                                                    Additional
                                                 Common Stock          Paid-In
                                             Shares         Amount     Capital

Balance Forward                             5,016,784   $    5,017   $5,269,794

May 31, 2002, common stock issued
for services valued at $0.075 per
share (unaudited)                               50,000           50        3,700
June 5, 2002, common stock issued
for investment valued at $0.075 per
share (unaudited)                            4,250,000        4,250      314,500

Net loss for the six months ended
June 30, 2002 (unaudited)                            -            -            -

Balance, June 30, 2002 (unaudited)           9,316,784   $    9,317   $5,587,994


Deficit accumulated prior to the development stage

Deficit accumulated during the development stage
Total accumulated deficit




                                                    Stock issued        Other
                                      Subscription     for Lease   Comprehensive
                                      Receivable        Option     Income (Loss)

Balance Forward                       $ (54,75)       $  -        $ (30,000)

May 31, 2002, common stock issued
for services valued at $0.075 per
share (unaudited)                           -            -               -


June 5, 2002, common stock issued
for investment valued at $0.075 per
share (unaudited)                           -        (318,750)           -

Net loss for the six months ended
June 30, 2002 (unaud                        -            -               -

Balance, June 30,
2002 (unaudited)                     $ (54,750)  $    (318,750) $    (30,000)

Deficit accumulated prior to the development stage

Deficit accumulated during the development stage
Total accumulated deficit




                                    Accumulated
                                       Deficit

Balance Forward                       $(5,236,753)

May 31, 2002, common stock issued
for services valued at $0.075 per
share (unaudited)                               -


June 5, 2002, common stock issued
for investment valued at $0.075 per
share (unaudited)                               -

Net loss for the six months ended
June 30, 2002 (unaudited)                (121,465)

Balance, June 30, 2002 (unaudited)    $(5,358,218)

Deficit accumulated prior
to the development stage              $(4,659,300)
Deficit accumulated
during the development stage             (698,918)
Total accumulated deficit             $(5,358,218)




                         OASIS INFORMATION SYSTEMS, INC.
                          (A Development Stage Company)
                            Statements of Cash Flows
                                   (Unaudited)

                                                                      From
                                                                   Inception of
                                                                    Development
                                                                      Stage on
                                                 For the             January 1,
                                             Six Months Ended      2001 Through
                                                June 30,             June 30,
                                          2002          2001            2002

CASH FLOWS FROM OPERATING ACTIVITIES

Net loss                              $    (121,465) $  (238,033) $   (698,918)
Adjustments to reconcile
loss to net cash
used by operating
activities:
Depreciation and
amortization                              16,013       12,114       53,066
Bad debt expense                               -            -       42,065
Common stock issued
for services                               3,750       20,000       53,750
Changes in operating assets
and liabilities:
(Increase) in accounts
receivable
related party                                  -            -      (42,066)
Increase (decrease) in
accounts payable                          23,733            -       75,689
Increase (decrease) in
accrued expenses                           7,066       34,431      (28,633)

Net Cash (Used) by
Operating Activities                     (70,903)    (171,488)    (545,047)

CASH FLOWS FROM
INVESTING ACTIVITIES

Equipment purchase                             -       (2,932)     (29,660)

Net Cash Used by
Investing Activities                           -       (2,932)     (29,660)

CASH FLOWS FROM FINANCING
ACTIVITIES

Proceeds from related
party notes payable                       54,033       22,399      152,358
Subscription receivable                        -       10,000            -
Payments on related
party notes payable                            -            -      (12,078)
Payments on notes
payable                                        -       (6,667)    (256,667)
Proceeds from notes
payable                                   10,900      150,000      370,306
Proceeds from common
stock                                          -            -      320,000

Net Cash Provided by
Financing Activities                      64,933      175,732      573,919

INCREASE (DECREASE) IN CASH               (5,970)       1,312         (788)

CASH AT BEGINNING OF PERIOD                5,988          806          806

CASH AT END OF PERIOD                  $      18    $   2,118    $      18


                                                              Inception of
                                                              Development
                                                                Stage on
                                              For the          January 1,
                                         Six Months Ended     2001 Through
                                            June 30,            June 30,
                                       2002         2001         2002

CASH PAID FOR:

Interest                             $     -       $  -   $      -
Income taxes                         $     -       $  -   $      -

NON-CASH INVESTING AND
FINANCING ACTIVITIES

Common stock issued for option to
purchase lease rights               $318,750   $ 12,500   $331,250
Common stock issued
for services                        $  3,750   $ 20,000   $ 53,750
Common stock issued
for debt reduction                  $223,450   $478,988   $727,438






NOTE 1 -      BASIS OF FINANCIAL STATEMENT PRESENTATION

The  accompanying  unaudited  financial  statements  have been  prepared  by the
Company  pursuant to the rules and  regulations  of the  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 in  accordance  with such rules and
regulations.  The  information  furnished  in the interim  financial  statements
include normal recurring adjustments and reflects all adjustments, which, in the
opinion of management,  are necessary for a fair  presentation of such financial
statements.   Although  management  believes  the  disclosures  and  information
presented are adequate to make the information  not misleading,  it is suggested
that  these  interim  financial  statements  be read  in  conjunction  with  the
Companys most recent audited financial statements and notes thereto included in
its December 31, 2001 Annual  Report on Form 10-KSB.  Operating  results for the
six months  ended June 30, 2002 are not  necessarily  indicative  of the results
that may be expected for the year ending December 31, 2002.

NOTE 2 -      GOING CONCERN

The  Company's  financial  statements  are  prepared  using  generally  accepted
accounting  principles  applicable  to a going concern  which  contemplates  the
realization  of assets and  liquidation  of  liabilities in the normal course of
business.  However, the Company does not have significant cash or other material
assets, nor does it have an established  source of revenues  sufficient to cover
its operating  costs and to allow it to continue as a going  concern.  It is the
intent of the Company to seek a merger with an existing,  operating company. The
accompanying  financial  statements do not include any adjustments that might be
necessary if the Company is unable to continue as a going concern.

NOTE 3-  MATERIAL EVENTS

Stock Issuance

     On May 31, 2002,  the Company issued 187,606 shares of common stock for the
conversion of debt valued at $0.075 per share or $52,490.

     On May 31, 2002,  the Company  issued 646,400 share of common stock for the
conversion of related party debt valued at $0.075 per share
or $48,480.

     On May 31, 2002,  the Company issued 866,400 shares of common stock for the
conversion of debt valued at $0.075 per share or $64,980.

     On May 31, 2002, the Company issued 208,667 shares of common stock for cash
and a subscription receivable valued at $0.075 per share or $15,650.

     On May 31, 2002,  the Company  issued  466,667 shares of common stock for a
subscription receivable valued at $0.075 per share or $35,000.

     On May 31, 2002,  the Company  issued 66,667 shares of common stock for the
conversion of related party debt valued at $0.075 per share or $5,000.


NOTE 3-  MATERIAL EVENTS (Continued)

Stock Issuance (Continued)

     On May 31,  2002,  the Company  issued  700,000  shares of common stock for
related party debt valued at $0.075 per share or $52,500.

     On May 31,  2002,  the Company  issued  50,000  shares of common  stock for
services valued a $0.075 per share or $3,750.

     On May 31,  2002,  the Company  issued  50,000  shares of common  stock for
services valued at $0.075 per share or $3,750.

     On June 5, 2002, the Company issued 4,250,000 for the purchase lease rights
valued at $0.075 per share or $318,750.

Change in Management

     On June 11, 2002,  the Company  elected three  individuals  to the board to
fill vacancies created by the change in management.

Related Party Transactions

     On May 31,  2002,  the Company  issued a total of 1,413,067 of common stock
for related party debt valued at $0.075 per share or $105,980.

     During  the six  months  ended  June 30,  2002,  the  Company  borrowed  an
additional $54,033 from a related party.

Stock Split

     On June 10, 2002,  the Company had a one for ten reverse  stock split.  All
amounts have been adjusted to reflect this reverse stock split.





                 ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS


Going Concern and Ability of the Company to Continue

The  Company  has a net  operating  loss  carry  forwards  of  $5,358,218  since
inception through June 30, 2002.

     The Companys consolidated financial statements are prepared using generally
accepted accounting  principles applicable to a going concern which contemplates
the realization of assets and liquidation of liabilities in the normal course of
business.  The  Company has not  established  revenues  sufficient  to cover its
operating costs and allow it to continue as a going concern. Management believes
that the Company will soon be able to generate revenues  sufficient to cover its
operating costs. In the interim, the Company intends to raise additional capital
through private placements of its common stock.

It should be noted that the Companys auditor H.J. & Associates have expressed a
concern  about the  Companys  ability  to  continue  as a going  concern in the
December 31, 2001 year end audit and the June 30, 2002 quarterly review.

Liquidity and Capital Resources

     As of June 30, 2002 the Company has $18 in total current  assets,  which is
comprised  entirely  of  cash  and  $223,177  in  current   liabilities.   These
liabilities  are comprised of $35,626 in accrued  expenses,  $82,514 in accounts
payable and  $105,037 in notes  payable.  This is compared to current  assets of
$5,998, which was comprised entirely of cash and current liabilities of $361,795
as of December 31, 2001.  The December  31, 2001  liabilities  are  comprised of
$37,256 in accrued  expenses,  $111,270 in accounts  payable,  $153,269 in notes
payable,  and a line of credit of $60,000.  Management  realizes that there is a
severe  impairment  in  liquidity.  The Company is  involved  in a best  efforts
financing in order to increase the Companys liquidity and capital resources.

Results of Operations

     For the three  months  ending  June 30,  2002 the Company had a net loss of
$(50,445)  compared  to a net loss of  $(70,136)  for the same  period  the year
before.  General and  Administrative  expenses  decreased $34,203 for the second
quarter  of  2002  compared  to  the  same  period  of  2001.  Depreciation  and
amortization  increased  $1,516 for the first  quarter 2002 when compared to the
same period of 2001. Management Fees increased $15,001 for the second quarter of
2002  when  compared  to the same  period  of  2001.  The  main  reason  for the
significant  decrease in general and administrative  costs is due to the Company
searching for a viable field to enter.

     The Company had  revenues of $ 0 for the three  months  ended June 30, 2002
compared to $0 for the same period last year.
     For the six  months  ending  June 30,  2002 the  Company  had a net loss of
($121,465)  compared  to a net loss of  ($238,033)  for the same period the year
before. A decrease in General and  Administrative  costs is the biggest cause of
the  decrease  in the net  operating  loss.  General  and  Administrative  costs
decreased  from  $187,774  for the first six months of 2001 to  $61,566  for the
first  six  months of 2002.  The main  factor of this  decrease  is the  Company
maintaining  minimal operations while searching for a viable field to enter. For
the same reason  management fees also decreased for the first six months of 2002
when compared to the same period of 2001 by $13,161.

     The  Company  had  revenues  of $0 for the six months  ended June 30,  2002
compared to $0 for the same period the year before.


Sale of Common Capital Stock

On May 31,  2002  the  Company  issued  63,333  shares  of  common  stock to one
individual  at $.075 per share for total  consideration  of $4,750.  On the same
date the Company also issued 466,667 shares of common stock to one individual at
$.075  per  share  for total  consideration  of  $35,000.  For both of the above
transactions   the  Company   received  a  stock   subscription   receivable  as
consideration.  The above  issued  shares  were  issued  bearing  a  restrictive
investment legend.

     As of June 30, 2002 the Company had 9,316,784 shares of common stock issued
and outstanding.


                            PART II OTHER INFORMATION

                            ITEM 1. LEGAL PROCEEDINGS

     The Company is involved in the Christen Brule vs.  E-Vegas.Com,  Inc., case
#0995358, failure to deliver a warrant. Counsel assures management that the case
is  without  merit.  The case will be heard in the  Provincal  Court of  British
Columbia in July 2002.

                          ITEM 2. CHANGES IN SECURITIES


     On May 31, 2002 the Company  issued  699,867  shares of common stock to one
entity at $.075 per share for total  consideration  of $52,490.  The shares were
issued for debt  reduction.  On the same day the  Company  also  issued  646,400
shares  of  common  stock  to  another  entity  at $.075  per  share  for  total
consideration of $48,480. The shares were also issued for debt reduction. On the
same day the Company  also issued  866,400  shares of common  stock at $.075 per
share to an entity for total  consideration  of $64,980.  These shares were also
issued for debt reduction. On the same day the Company also issued 208,667 to an
entity at $.075 per share for total consideration of $15,650.  These shares were
issued for debt  reduction  in the amount of  $10,900  and a stock  subscription
receivable  in the amount of $4,750.  On the same day the  Company  also  issued
466,667  shares  of  common  stock to one  entity  at $.075  per share for total
consideration  of $35,000.  These  shares  were issued for a stock  subscription
receivable.  On the same day the Company issued 66,667 shares of common stock to
one individual for debt reduction. The shares were issued at $.075 per share for
consideration of $5,000.  On the same day the Company also issued 700,000 shares
of common stock to Tony Markus the Companys  President for debt reduction.  The
shares were valued at $.075 per share for total consideration of $52,500. On the
same day the Company also issued 50,000 shares of common stock to one entity for
services  rendered.  The  shares  were  issued  at $.075  per  share  for  total
consideration of $3,750.

     On June 5, 2002 the Company issued  4,250,000 shares of common stock to the
West  Hastings  Partners for lease  rights.  The shares were issued at $.075 per
share for total  consideration of $318,750.  It should be noted that the Company
has a receivable  for these rights as the contract for these rights is rewritten
in the name of Oasis Information Systems, Inc.

     All of the above  issuances  were  issued  under  section  4(2) of the 1933
Securities Act and bear a restrictive legend.

     As of June 30,  2002 the  Company  has  9,316,784  shares of  common  stock
outstanding.








                     ITEM 3. DEFAULTS UPON SENIOR SECURITES

                                      None.

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

                                      None.

                            ITEM 5. OTHER INFORMATION


                                      None.



                       ITEM 6. EXHIBITS AND REPORTS ON 8-K



10KSB filed by reference on May 20, 2001
10KSBA filed by reference on May 23, 2002
10QSB filed by reference on June 7, 2002
8K filed by reference on July 13, 2002
S8 filed by reference on July 15, 2002





                                   SIGNATURES
     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  Report  to be  signed  in its  behalf by the
undersigned hereto duly authorized.



                                       OASIS INFORMATION SYSTEMS, INC.


Dated: August 14, 2002

                                         By:/S/ Edward Gallagher
                                         Edward Gallagher
                                          Chief Financial Officer




                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



In connection with the Quarterly Report of Oasis Information Systems,  Inc. (the
Company)  on Form  10-Q(SB) for the period  ending June 30, 2002 as filed with
the Securities and Exchange Commission on the date hereof (the Report), Edward
Gallagher,  Chief  Financial  Officer of the  Company,  certify,  pursuant to 18
U.S.C.  1350, as adopted  pursuant to  906 of the  Sarbanes-Oxley  Act of 2002,
that, to the best of my knowledge and belief:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of
the Securities Exchange Act of 1934; and

(2) The  information  contained in the Report fairly  presents,  in all material
respects, the financial condition and result of operations of the Company.





Edward Gallagher
Chief Financial Officer

August 14, 2002
Date