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

                                   FORM 10-QSB

(Mark One)

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

                 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2003.

                                        OR

/ /  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934

                  FOR THE TRANSITION FROM _______ TO ________.

                        COMMISSION FILE NUMBER 000-28865


                           DAZZLING INVESTMENTS, INC.
                         -------------------------------
        (Exact Name of Small Business Issuer as Specified in its Charter)


              NEVADA                             88-0373061
   -------------------------------          ----------------------
   (State or other jurisdiction of           (I.R.S. Employer
    incorporation or organization)          Identification No.)


  6767 W. TROPICANA AVENUE, SUITE 207
         LAS VEGAS, NEVADA                      89103
----------------------------------------      ---------
(Address of principal executive offices)       (Zip code)

Issuer's telephone number: (702) 248-1027


                                       N/A
                          ----------------------------
                 (Former name, former address and former fiscal year, if changed
                      since last report.)

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

State the number of shares outstanding of each of the issuer's classes of common
equity, for the period covered by this report and as at the latest practicable
date:


                                      -1-
<PAGE>


         At March 31, 2003, and as of the date hereof, there were outstanding
         2,100,000 shares of the Registrant's Common Stock, $.001 par value.

Transitional Small Business Disclosure Format: Yes / /   No /X/











                                      -2-

<PAGE>


                                     PART I

                              FINANCIAL INFORMATION


Item 1.   Financial Statements




                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)

                                FINANCIAL REPORTS

                                 MARCH 31, 2003
                                DECEMBER 31, 2002









                                      -3-


<PAGE>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                                    CONTENTS








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

FINANCIAL STATEMENTS

   Balance Sheets                                                         F-1

   Statements of Income                                                   F-2

   Statements of Stockholders' Equity                                     F-3

   Statements of Cash Flows                                               F-4

   Notes to Financial Statements                                    F-5 - F-9
------------------------------------------------------------------------------





                                      -4-


<PAGE>
<TABLE>
<CAPTION>

                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                 BALANCE SHEETS


                                                                                                     March 31,     December 31,
                                                                                                          2003             2002
                                                                                                 -------------     ------------


                                     ASSETS

<S>                                                                                              <C>               <C>
          CURRENT ASSETS                                                                         $           0     $          0
                                                                                                 -------------     ------------

                      Total current assets                                                       $           0     $          0
                                                                                                 -------------     ------------

                             Total assets                                                        $           0     $          0
                                                                                                 =============     ============



                      LIABILITIES AND STOCKHOLDERS' EQUITY

          CURRENT LIABILITIES
               Accounts payable                                                                  $         170     $        170
               Officers advances (Note 7)                                                               35,368           35,368
                                                                                                 -------------     ------------

                      Total current liabilities                                                  $      35,538     $     35,538
                                                                                                 -------------     ------------



          STOCKHOLDERS' EQUITY
               Common stock: $.001 par value;
                  authorized 25,000,000 shares;
                  issued and outstanding:
                  2,100,000 shares at December 31, 2002:                                         $                 $      2,100
                  2,100,000 shares at March 31, 2003;                                                    2,100
               Additional Paid In Capital                                                                    0                0
               Accumulated deficit during development stage                                            (37,638)         (37,638)
                                                                                                 -------------     ------------

                      Total stockholders' equity                                                 $     (35,538)    $    (35,538)
                                                                                                 -------------     ------------


                             Total liabilities and
                             stockholders' equity                                                $           0     $          0
                                                                                                 =============     ============

</TABLE>

                 See Accompanying Notes to Financial Statements.

                                      F-1
<PAGE>
<TABLE>
<CAPTION>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                              STATEMENTS OF INCOME


                                                     Three months ended                  Years Ended                 Dec. 6, 1996
                                                 March 31,        March 31,     December 31,      December 31,       (inception) to
                                                      2003             2002             2002              2001       March 31, 2003
                                            --------------    -------------     ------------     -------------       --------------
<S>                                         <C>               <C>               <C>              <C>                   <C>

       Revenues                             $            0    $           0     $          0     $           0         $        0

       Cost of revenue                                   0                0                0                 0                  0
                                            --------------    -------------     ------------     -------------         ----------

                  Gross profit              $            0    $           0     $          0     $           0         $        0
       General, selling and
          administrative expenses                        0                0            3,375             4,624             37,638
                                            --------------    -------------     ------------     -------------         ----------
                  Operating (loss)          $           (0)   $          (0)    $     (3,375)    $      (4,624)           (37,638)

       Nonoperating income (expense)                     0                0                0                 0                  0
                                            --------------    -------------     ------------     -------------         ----------

          Net (loss)                        $           (0)   $          (0)    $     (3,375)    $      (4,624)        $  (37,638)
                                            ===============   ==============    =============    ==============        ==========


          Net (loss) per share, basic
          and diluted (Note 2)              $       (0.00)    $       (0.00)     $     (0.00)      $     (0.00)        $    (0.02)
                                            ==============    =============     ============     =============         ==========


          Average number of shares
          of common stock outstanding            2,100,000        2,100,000        2,100,000         2,100,000          2,100,000
                                            ==============    =============     ============     =============         ==========

</TABLE>

                 See Accompanying Notes to Financial Statements.

                                      F-2

<PAGE>
<TABLE>
<CAPTION>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                       STATEMENTS OF STOCKHOLDERS' EQUITY




                                                                                                                   Accumulated
                                                                                                                     (Deficit)
                                                                       Common Stock                Additional         During
                                                              -------------------------------        Paid-In        Development
                                                                   Shares          Amount            Capital           Stage
                                                              -------------     -------------    -------------     -------------
<S>                                                               <C>           <C>              <C>               <C>

          December 10, 1996, issue
              common stock                                        2,100,000     $      2,100     $           0     $          0
          Net (loss), December 31, 1996                                                                                  (2,100)
                                                              -------------     ------------     -------------     -------------
          Balance, December 31, 1996                              2,100,000     $      2,100     $           0     $     (2,100)
          Net (loss), December 31, 1997                                                                                       0
                                                              -------------     ------------     -------------     -------------
          Balance, December 31, 1997                              2,100,000     $      2,100     $           0     $     (2,100)
          Net (loss), December 31, 1998                                                                                       0
                                                              -------------     ------------     -------------     -------------

          Balance, December 31, 1998                              2,100,000     $      2,100     $           0     $     (2,100)

          September 3, 1999, changed from no
              par value to $.001                                                      (2,079)            2,079

          September 3, 1999, forward stock
              100:1                                                                    2,079            (2,079)

          Net (loss), December 31, 1999                                                                                  (2,075)
                                                              -------------     ------------     -------------     -------------
          Balance, December 31, 1999                              2,100,000     $      2,100     $           0     $     (4,175)

          Net (loss), December 31, 2000                                                                                 (25,464)
                                                              -------------     ------------     -------------     -------------
          Balance, December 31, 2000                              2,100,000     $      2,100     $           0     $    (29,639)

          Net (loss), December 31, 2001                                                                                  (4,624)
                                                              -------------     ------------     -------------     -------------

          Balance, December 31, 2001                              2,100,000     $      2,100     $           0     $    (34,263)

          Net (loss), December 31, 2002                                                                                  (3,375)
                                                              -------------     ------------     -------------     -------------

          Balance, December 31, 2002                              2,100,000     $      2,100     $           0     $    (37,638)

          Net (loss) January 1, 2003 to
          March 31, 2003                                                                                                     (0)
                                                              -------------     ------------     -------------     -------------

          Balance, March 31, 2003                                 2,100,000     $      2,100     $           0     $    (37,638)
                                                              =============     ============     =============     =============

</TABLE>


                 See Accompanying Notes to Financial Statements.


                                      F-3

<PAGE>
<TABLE>
<CAPTION>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS


                                                     Three months ended                  Years Ended                 Dec. 6, 1996
                                                 March 31,        March 31,     December 31,      December 31,       (inception) to
                                                      2003             2002             2002              2001       March 31, 2003
                                            --------------    -------------     ------------     -------------       --------------
<S>                                         <C>               <C>               <C>              <C>                   <C>

         Cash Flows From
         Operating Activities
             Net (loss)                     $           (0)   $          (0)    $     (3,375)    $      (4,624)        $  (37,638)
             Adjustments to reconcile net
             (loss) to cash (used in)
             operating activities:
             Changes in assets
             and liabilities
             Increase in accounts payable                0                0               85                85                170
                                            --------------    -------------     ------------     -------------         ----------

                  Net cash (used in)
                     operating activities   $            0    $           0     $     (3,290)    $      (4,539)        $  (37,468)
                                            --------------    -------------     ------------     -------------         ----------

         Cash Flows From
         Investing Activities               $            0    $           0     $          0     $           0         $        0
                                            --------------    -------------     ------------     -------------         ----------


         Cash Flows From
         Financing Activities
             Issuance of common stock                    0                0                0                 0              2,100
             Increase in officers advances               0                0            3,290             4,539             35,368
                                            --------------    -------------     ------------     -------------         ----------

                  Net cash (used in)
                     financing activities   $                 $           0     $      3,290     $       4,539         $   37,468
                                            --------------    -------------     ------------     -------------         ----------


                  Net increase (decrease)
                     in cash                $            0    $           0     $          0     $           0         $        0

         Cash, beginning of period                       0                0                0                 0                  0
                                            --------------    -------------     ------------     -------------         ----------

         Cash, end of period                $            0    $           0     $          0     $           0         $        0
                                            ==============    =============     ============     =============         ==========

</TABLE>



                 See Accompanying Notes to Financial Statements.

                                      F-4


<PAGE>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                      MARCH 31, 2003, AND DECEMBER 31, 2002


NOTE 1.  NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

NATURE OF BUSINESS:

Dazzling Investments,  Inc. ("Company") was organized December 6, 1996 under the
laws of the State of Nevada.  The Company  currently has no  operations  and, in
accordance  with  Statement  of  Financial  Accounting  Standard  (SFAS)  No. 7,
"ACCOUNTING  AND REPORTING BY DEVELOPMENT  STAGE  ENTERPRISES,"  is considered a
development stage company.

A SUMMARY OF THE COMPANY'S SIGNIFICANT ACCOUNTING POLICIES IS AS FOLLOWS:

ESTIMATES

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates.

CASH

For the Statements of Cash Flows, all highly liquid investments with maturity of
three months or less are considered to be cash  equivalents.  There were no cash
equivalents as of March 31, 2003 and 2002, and December 31, 2002 and 2001.

INCOME TAXES

Income  taxes are  provided  for using the  liability  method of  accounting  in
accordance with SFAS No. 109 "ACCOUNTING FOR INCOME TAXES." A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting.  Temporary  differences  are the  differences  between  the  reported
amounts of assets and liabilities  and their tax basis.  Deferred tax assets are
reduced by a valuation allowance when, in the opinion of management,  it is more
likely than not that some  portion or all of the deferred tax assets will not be
realized.  Deferred  tax assets and  liabilities  are adjusted for the effect of
changes in tax laws and rates on the date of enactment.

GOING CONCERN

The Company's  financial  statements  are prepared in accordance  with generally
accepted accounting  principles applicable to a going concern. This contemplates
the  realization  of assets and the  liquidation  of  liabilities  in the normal
course of business.  Currently,  the Company does not have  significant  cash of
other  material  assets,  nor does it have  operations  or a source  of  revenue
sufficient  to cover its  operation  costs and allow it to  continue  as a going
concern.  It is the  intent of the  Company to seek a merger  with an  existing,
operating company.  Until that time, the stockholders,  officers,  and directors
have committed to advancing the operating costs of the company.

                                      F-5

<PAGE>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                      MARCH 31, 2003, AND DECEMBER 31, 2002


NOTE 1.       NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

RECENT ACCOUNTING PRONOUNCEMENTS

In  January  2003,  The  Financial   Accounting   Standards  Board  issued  FASB
Interpretation  No. 46,  Consolidation of Variable Interest Entities ("FIN 46").
Under  that  interpretation,   certain  entities  known  as  "Variable  Interest
Entities"  ("VIE")  must be  consolidated  by the "primary  beneficiary"  of the
entity.  The primary  beneficiary is generally defined as having the majority of
the risks and rewards  arising  from the VIE.  For VIE's in which a  significant
(but not majority) variable interest is held, certain  disclosures are required.
FIN 46 requires disclosure of Variable Interest Entities in financial statements
issued  after  January 31, 2003,  if it is  reasonably  possible  that as of the
transition date: (1) the Company will be the primary  beneficiary of an existing
VIE that will require  consolidation or, (2) the Company will hold a significant
variable interest in, or have significant involvement with, an existing VIE. Any
VIE's  created  after  January  31,  2004,  are   immediately   subject  to  the
consolidation   guidance  in  FIN  46.  The   Measurement   principles  of  this
interpretation  will be effective for the Company's 2003  financial  statements.
The Company  does not have any  entities  that will  require  disclosure  or new
consolidation as a result of adopting the provisions of FIN 46.

In April 2003,  the FASB issued SFAS No. 149,  "Amendment  of  Statement  133 on
Derivative  Instruments  and  Hedging  Activities."  The  Statement  amends  and
clarifies  accounting for derivative  instruments,  including certain derivative
instruments  embedded in other contracts,  and for hedging activities under SFAS
No. 133. SFAS No. 149 is effective for contracts  entered into or modified after
June 30, 2003,  for hedging  relationships  designated  after June 30, 2003, and
certain  preexisting  contracts.  We  adopted  SFAS No. 149 on July 1, 2003 on a
prospective basis in accordance with the new statement. The adoption of SFAS No.
149 did not have a  material  impact on our  financial  condition  or results of
operations.

In May 2003,  the FASB issued SFAS No. 150,  "Accounting  for Certain  Financial
Instruments with Characteristics of both Liabilities and Equity." This Statement
establishes  standards  foe  how  an  issuer  classifies  and  measures  certain
financial  instruments with characteristics of both liabilities and equity. SFAS
No. 150 requires that an issuer  classify a financial  instrument that is within
its scope as a  liability  or,  in some  circumstances  as an  asset,  with many
financial  instruments  having been previously  classified as equity. We adopted
SFAS No.  150 on July 1, 2003.  The FASB is  addressing  certain  implementation
issues  associated  with the  application  of SFAS No. 150. In October 2003, the
FSAB decided to defer certain  provisions of SFAS No. 150 related to mandatorily
redeemable  financial  instruments  representing  non-controlling  interests  in
subsidiaries included in consolidated financial statements. The adoption of SFAS
No. 150 did not have a material impact on our financial  condition or results of
operations.


                                      F-6


<PAGE>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                      MARCH 31, 2003, AND DECEMBER 31, 2002


NOTE 1. NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

In November 2003,  the EITF reached a consensus on the Issue 03-01,  THE MEANING
OF  OTHER-THAN-TEMPORARY  IMPAIRMENT AND ITS APPLICATION TO CERTAIN  INVESTMENTS
(EITF 03-01). EITF 03-01 establishes additional disclosure requirements for each
category of FAS 115  investments in a loss position.  Effective for years ending
after  December 15,  2003,  companies  must  disclose  the  aggregate  amount of
unrealized  losses,  and aggregate  related fair value of their investments with
unrealized losses. Those investments are required to be segregated by those in a
loss  position for less than 12 months and those in a loss  position for greater
than 12 months. Additionally,  certain qualitative disclosures should be made to
clarify a circumstance  whereby an investment's fair value that is below cost is
not  considered  other-than-temporary.  The  provisions of this consensus do not
have a significant effect on our financial position or operating results.

In November  2003,  the EITF reached a consensus on Issue 03-10,  APPLICATION OF
EITF  02-16  BY   RESELLERS  TO  SALES   INCENTIVES   OFFERED  TO  CONSUMERS  BY
MANUFACTURERS,  addressing  how a reseller is to account for the redemption of a
manufacturer's  coupon by a consumer at the  reseller's  location  (EITF 03-10).
EITF 03-10 eliminates the option that permitted resellers to report the value of
the  consideration  received  as a reduction  in cost of goods sold,  but rather
mandates  that it be  recorded  as  revenue.  EITF  03-10 is  applicable  to new
arrangements,  including  modifications to existing arrangements entered into in
fiscal  periods  beginning  after  November 25,  2003.  The  provisions  of this
consensus  do not  have  a  significant  effect  on our  financial  position  or
operating results.

In  December  2003,  the FASB  issued SFAS No. 132  (revised  2003),  EMPLOYERS'
DISCLOSURES  ABOUT  PENSIONS  AND OTHER  POSTRETIREMENT  BENEFITS.  SFAS No. 132
(revised  2003)  revises  employers'  disclosure  about  pension plans and other
postretirement  benefit plans.  The Statement does not change the measurement or
recognition  of those plans required by SFAS No. 87,  EMPLOYERS'  ACCOUNTING FOR
PENSIONS, SFAS No. 88, EMPLOYERS' ACCOUNTING FOR SETTLEMENTS AND CURTAILMENTS OF
DEFINED BENEFIT PENSION PLANS AND FOR  TERMINATION  BENEFITS,  and SFAS No. 106,
EMPLOYERS'  ACCOUNTING FOR  POSTRETIREMENT  BENEFITS  OTHER THAN  PENSIONS.  The
revised statement retains the disclosure  requirements contained in the original
SFAS No. 132 and requires additional disclosures about the assets,  obligations,
cash flows,  and net periodic  benefit cost of defined benefit pension plans and
other defined benefit  postretirement  plans. The revised statement is effective
for fiscal years ending  after  December 15, 2003.  The adoption of SFAS No. 132
(revised) did not affect our financial condition or results of operations.

NOTE 2.  STOCKHOLDERS' EQUITY

COMMON STOCK

The authorized  common stock of the Company  consists of 25,000,000  shares with
par value of $0.001.  On December 10, 1996,  the Company issued 21,000 shares of
its no par value common stock in consideration of $2,100 in cash.

On September 3, 1999, the Company's shareholders approved a forward split of its
common  stock at one hundred  shares for one share of the existing  shares.  The
number of common stock shares  outstanding  increased  from 21,000 to 2,100,000.
Prior period information has been restated to reflect the stock split.


                                      F-7


<PAGE>


                           DAZZLING INVESTMENTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                      MARCH 31, 2003, AND DECEMBER 31, 2002


NOTE 2.        STOCKHOLDERS' EQUITY (CONTINUED)

On  September  3, 1999,  the State of Nevada  approved  the  Company's  restated
Articles of Incorporation, which increased its capitalization from 25,000 common
shares to 25,000,000  common shares.  The no par value was changed to $0.001 per
share.

The Company has not authorized any preferred stock.


NET LOSS PER COMMON SHARE

Net loss per share is calculated in accordance with SFAS No. 128,  "EARNINGS PER
SHARE." The  weighted-average  number of common shares  outstanding  during each
period  is used to  compute  basic  loss per  share.  Diluted  loss per share is
computed  using the weighted  averaged  number of shares and dilutive  potential
common shares  outstanding.  Dilutive  potential  common  shares are  additional
common shares assumed to be exercised.

Basic  net loss per  common  share is based on the  weighted  average  number of
shares of common stock  outstanding  of 2,100,000  during 2003,  2002, and since
inception.  As of March 31, 2003, 2002, and since inception,  the Company had no
dilutive potential common shares.

NOTE 3.  INCOME TAXES

We did not provide any current or deferred U.S.  federal income tax provision or
benefit for any of the periods presented  because we have experienced  operating
losses  since  inception.  We  provided a full  valuation  allowance  on the net
deferred tax asset,  consisting of net  operating  loss  carryforwards,  because
management has determined  that it is more than likely than not we will not earn
income  sufficient  to realize the deferred tax assets  during the  carryforward
period.

The  components of the Company's  deferred tax asset as of December 31, 2003 and
2002 is as follows:

                                                      2003             2002
                                                  --------         --------

            Net operating loss carry forward      $ 13,203         $ 13,173
            Valuation allowance                   $(13,203)         (13,173)
                                                  --------         --------
            Net deferred tax asset                $      0         $      0

A  reconciliation  of income taxes  computed at the statutory rate to the income
tax amount recorded as follows:

<TABLE>
<CAPTION>


                                                      2003             2002       Since Inception
                                                  --------         --------       ---------------
<S>                                               <C>              <C>               <C>

         Tax at statutory rate                    $     30         $  1,181          $ 13,203

         Increase in valuation allowance               (30)          (1,181)          (13,203)
                                                  --------         --------          --------

         Net deferred tax asset                   $      0         $      0          $      0

</TABLE>


                                      F-8


<PAGE>


                           DAZZLING INVESTMENTS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                      MARCH 31, 2003, AND DECEMBER 31, 2002


NOTE 3.  INCOME TAXES (CONTINUED)

The net federal  operating loss carry forward will expire between 2016 and 2023.
This  carry  forward  may  be  limited  upon  the  consummation  of  a  business
combination under IRC Section 381.

NOTE 4.  RELATED PARTY TRANSACTIONS

The Company neither owns nor leases any real or personal property. An officer of
the  corporation  provides  office  services  without  charge.  Such  costs  are
immaterial to the financial statements and accordingly,  have not been reflected
therein.  The  officers  and  directors  for the Company  are  involved in other
business  activities and may, in the future,  become  involved in other business
opportunities.  If a  specific  business  opportunity  becomes  available,  such
persons  may face a conflict  in  selecting  between the Company and their other
business interest. The Company has not formulated a policy for the resolution of
such conflicts.

NOTE 5.  WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common stock of the Company.

NOTE 6.  OFFICERS ADVANCES

The Company has incurred costs while seeking additional capital through a merger
with an existing company. An officer of the Company has advanced funds on behalf
of the Company to pay for these costs.  These funds have been advanced  interest
free.


                                      F-9

<PAGE>

Item 2.   Management's Discussion and Analysis of Financial Condition and
          Results of Operations

          The discussion contained herein contains "forward-looking statements"
that involve risk and uncertainties. These statements may be identified by the
use of terminology such as "believes," "expects," "may," "should" or
anticipates" or expressing this terminology negatively or similar expressions or
by discussions of strategy. The cautionary statements made in this Form 10QSB
should be read as being applicable to all related forward-looking statements
wherever they appear in this Form 10QSB. Our actual results could differ
materially from those discussed in this report.

Generally.

          Dazzling Investments, Inc. (sometimes the "Company") currently has no
assets or operations. Since January 1, 1997, we have been in the developmental
stage and have had no operations. At the time of formation, we had intended to
sell on the Internet jewelry consisting of cubic zirconium stones mounted in
various settings. As at December 31, 1996, all funds raised by the sale of
shares of $.001 par value common stock in order to fulfill our initial objective
had been expended and we, thereafter, become dormant.

          As of the date hereof, the we can be defined as a "shell" company,
whose sole purpose is to locate and consummate a merger or acquisition with
another public entity or a private entity.

Plan of Operation.

          The Company intends to seek to acquire assets or shares of an entity
actively engaged in business that generates revenues in exchange for its
securities. We have no particular acquisitions in mind and we have not entered
into any negotiations regarding such an acquisition.

          We are not a blank-check nor blind pool company.

                                      -5-

<PAGE>

          The Securities and Exchange Commission has adopted a rule (Rule 419)
which defines a blank-check company as (i) a development stage company, that is
(ii) offering penny stock, as defined by Rule 3a51-1, and (iii) that has no
specific business plan or purpose or has indicated that its business plan is
engage in a merger or acquisition with an unidentified company or companies. We
have been informed that the Securities and Exchange Commission position is that
the securities issued by all blank check companies that are issued in
unregistered offerings must be registered with the Commission before resale. At
the time that our shareholders acquired our stock in 1996, we had a specific
business plan and purpose. In addition, Rule 419 is applicable only if a
registration statement is filed covering an offering of a penny stock by a blank
check company. We have not filed a registration statement.

          In addition, since we had a specific business plan and purpose at the
time that our shareholders acquired our stock, we are not deemed to be a
so-called "blind pool" company, a company that has a detailed plan of business
that involves the acquisition of unidentified properties in a specific industry.

          We have been informed that the Securities and Exchange Commission is
considering whether to propose amendments to the Form S-8 and the Form 8-K for
shell companies like us. The proposed amendments could expand the definition of
a shell company to be broader than a company with no or nominal
operations/assets or assets consisting of cash and cash equivalents, the
amendments may prohibit the use of a From S-8 (a form used by a corporation to
register securities issued to an employee, director, officer, consultant or
advisor, under certain circumstances), and may revise the Form 8-K to require a
shell company to include current Form 10 or Form 10-SB information, including
audited financial statements, in the filing on Form 8-K that the shell company
files to report the acquisition of the business opportunity.

Financial Condition.

          Our auditor's going concern opinion for prior years ended and the
notation in the financial statements indicate that we do not have significant
cash or other material assets and that we are relying on advances from
stockholders, officers and directors to meet limited operating expenses. We do
not have sufficient cash or other material assets or do we have sufficient
operations or an established source of revenue to cover our operational costs
that would allow us to continue as a going concern. We are insolvent in that we
are unable to pay our debts in the ordinary course of business as they become
due.

                                      -6-

<PAGE>

          Since the Company has had no operating history nor any revenues or
earnings from operations, with no significant assets or financial resources, we
will in all likelihood sustain operating expenses without corresponding
revenues, at least until the consummation of a business combination. This may
result in the Company incurring a net operating loss which will increase
continuously until the Company can consummate a business combination with a
profitable business opportunity and consummate such a business combination.

Liquidity and Operational Results.

          The Company has no current operating history and does not have any
revenues or earnings from operations. The Company has no assets or financial
resources. We will, in all likelihood, sustain operating expenses without
corresponding revenues, at least until the consummation of a business
combination. This may result in the Company incurring a net operating loss that
will increase continuously until the Company can consummate a business
combination with a profitable business opportunity. There is no assurance that
the Company can identify such a business opportunity and consummate such a
business combination.

          We are dependent upon our officers to meet any de minimis costs that
may occur. Gloria Eck, an officer and director of the Company, has agreed to
provide the necessary funds, without interest, for the Company to comply with
the Securities Exchange Act of 1934, as amended; provided that she is an officer
and director of the Company when the obligation is incurred. All advances are
interest-free.

Liquidity.

          As of March 31, 2003, we had total liabilities of $35,538 and we had a
negative net worth of $35,538. As of December 31, 2002, we had total liabilities
of $35,538 and a negative net worth of $35,538.

          We have had no revenues from inception through December 31, 2002 and
we had no revenues for the period ended March 31, 2003. We have a loss from
inception through December 31, 2002 of $37,638 and a loss from inception through
March 31, 2003 of $37,638.

          We have officer's advances of $35,368 from inception to March 31,
2003. The officer's advances as of December 31, 2002 were $35,368.


                                      -7-

<PAGE>


Item 3.   Qualitative and Quantitative Disclosures About Market Risk.

          The Company has not considered nor conducted any research concerning
qualitative and quantitative market risk.

Item 4.  Evaluation of Disclosure on Controls and Procedures.

          Based on an evaluation of our disclosure controls and procedures as of
the end of the period covered by this Form 10QSB (and the financial statements
contained in the report), our president and treasurer have determined that the
our current disclosure controls and procedures are effective.

          There have not been any changes in our internal control over financial
reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) or
any other factors during the quarter covered by this report, that have
materially affected, or are reasonably likely to materially affect our internal
control over financial reporting.


                                     PART II

                                OTHER INFORMATION

Item 1 - Legal Proceedings .....................................None

Item 2 - Changes in the Rights of the Company's
         Security Holders ......................................None

Item 3 - Defaults by the Company on its
         Senior Securities .....................................None

Item 4 - Submission of Matter to Vote of Security
         Holders ...............................................None

Item 5 - Other Information

Board Meeting.

          Our board held no meetings during the period covered by this current
report.

Audit Committee.

          Our board of directors has not established an audit committee. In
addition, we do not have any other compensation or executive or similar
committees. We will not, in all likelihood, establish an audit committee until
such time as the Company generates a positive cash flow of which there can be no

                                      -8-

<PAGE>

assurance. We recognize that an audit committee, when established, will play a
critical role in our financial reporting system by overseeing and monitoring
management's and the independent auditors' participation in the financial
reporting process. At such time as we establish an audit committee, its
additional disclosures with our auditors and management may promote investor
confidence in the integrity of the financial reporting process.

          Until such time as an audit committee has been established, the full
board of directors will undertake those tasks normally associated with an audit
committee to include, but not by way of limitation, the (i) review and
discussion of the audited financial statements with management, and (ii)
discussions with the independent auditors the matters required to be discussed
by the Statement On Auditing Standards No. 61 and No. 90, as may be modified or
supplemented.

Code of Ethics.

          We have adopted a code of ethics that applies to our principal
executive officer, principal financial officer, principal accounting officer and
persons performing similar functions. The code of ethics will be posted on the
investor relations section of the Company's website in the event that we have a
website. At such time as we have posted the code of ethics on our website, we
intend to satisfy the disclosure requirements under Item 10 of Form 8-K
regarding an amendment to, or waiver from, a provision of the code of ethics by
posting such information on the website.

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

          There were no reports on Form 8-K filed during the quarter for which
this report is filed. The following exhibits are filed with this report:

          31.1 Certification of Chief Executive Officer.

          31.2 Certification of Chief Financial Officer.

          32   Section 906 Certification.


                                      -9-

<PAGE>


                                   SIGNATURES


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


Dated:  May 25, 2005                DAZZLING INVESTMENTS, INC.


                                    By: /s/ GLORIA ECK
                                    ------------------------------
                                    Gloria Eck
                                    President and Chief Executive
                                    Officer and Director

                                    By: /s/ AMY HADLEY
                                    ------------------------------
                                    Amy Hadley
                                    Treasurer and Chief Financial
                                    Officer and Director




                                      -10-