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 quarter ended March 31, 2004

     [ ]  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: 000-27827

                     MEZZANINE INVESTMENT CORPORATION
            (Exact name of Registrant as specified in charter)

NEVADA                                       33-0874810
State or other jurisdiction of               I.R.S. Employer I.D. No.
incorporation or organization

170 NEWPORT CENTER DRIVE, SUITE 220, NEWPORT BEACH, CA      92660
(Address of principal executive offices)                    (Zip Code)

Issuer's telephone number, including area code:  (949) 644-0095

Check whether the Issuer (1) has 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 fling requirements for the past 90 days.
(1) Yes [X] No [ ]   (2) Yes [X] No [ ]

State the number of shares outstanding of each of the Issuer's classes of
common equity as of the latest practicable date:  At May 7, 2004, there
were 120,000 shares of the Registrant's Common Stock outstanding.

<PAGE>

                                  PART I

                       ITEM 1.  FINANCIAL STATEMENTS

     The condensed financial statements included herein have been prepared
by the Company, without audit, 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 pursuant to such rules and regulations, although the
Company believes that the disclosures are adequate to make the information
presented not misleading.

     In the opinion of the Company, all adjustments, consisting of only
normal recurring adjustments, necessary to present fairly the financial
position of the Company as of March 31, 2004, and the results of its
operations and changes in its financial position from August 19, 1999,
through March 31, 2004, have been made.  The results of its operations for
such interim period are not necessarily indicative of the results to be
expected for the entire year.  These condensed financial statements should
be read in conjunction with the financial statements and notes thereto
included in the Company's annual report on Form 10-KSB for the year ended
December 31, 2003.


                                     2
<PAGE>

                     Mezzanine Investment Corporation
                       (A Development Stage Company)
                               Balance Sheet

                                                    March         December
                                                   31, 2004       31, 2003
                                                  -----------    -----------
                                                   (Unaudited)
                                 Assets
Current Assets

  Interest Receivable                             $     1,139    $     1,051
  Note Receivable - Related Party                       3,500          3,500
                                                   ----------     ----------
     Total Assets                                 $     4,639    $     4,551
                                                   ==========     ==========

                   Liabilities and Stockholders' Equity

Current Liabilities

  Accounts Payable                                $    13,651    $    10,636
  Interest Payable                                      6,595          5,950
  Notes Payable - Related Party                        23,926         23,802
                                                   ----------     ----------
     Total Current Liabilities                         44,172         40,388

Stockholders' Equity

  Common Stock, 100,000,000 Shares
   Authorized at $.001 Par Value; 120,000
   Shares Issued and Outstanding                          120            120
  Additional Paid in Capital                           33,750         33,750
  Deficit Accumulated in the Development Stage        (73,403)       (69,707)
                                                   ----------     ----------
     Total Stockholders' Equity                       (39,533)       (35,837)
                                                   ----------     ----------
     Total Liabilities and Stockholders' Equity   $     4,639    $     4,551
                                                   ==========     ==========

              See accompanying notes to financial statements.
                                     3
<PAGE>

                     Mezzanine Investment Corporation
                       (A Development Stage Company)
                          Statements of Operations
                                (Unaudited)
<TABLE>
<CAPTION>
                                                                 For the Period
                                                                 August 19, 1999
                                     For the Three Months Ended    (Inception)
                                       March          March         to March
                                      31, 2004       31, 2003       31, 2004
                                     -----------    -----------    -----------
<S>                                  <C>            <C>            <C>

Revenues                             $      -       $      -       $      -
                                      ----------     ----------     ----------
Expenses

  General & Administrative                  3,139          -            68,062
                                      ----------     ----------     ----------
     Total Expenses                         3,139          -            68,062
                                      ----------     ----------     ----------
     Income (Loss) from Operations         (3,139)         -           (68,062)

Other Income (Expenses)

  Interest Expense                          (645)           105         (6,480)
  Interest Income                             88           (380)         1,139
                                      ----------     ----------     ----------
     Total Other Income (Expenses)          (557)          (275)        (5,341)
                                      ----------     ----------     ----------
     Income (Loss) Before Taxes           (3,696)          (275)       (73,403)

     Taxes                                  -              -              -
                                      ----------     ----------     ----------
     Net (Loss)                      $    (3,596)   $      (275)   $   (73,403)
                                      ==========     ==========     ==========

     Loss Per Common Share           $     (0.03)   $     (0.00)

     Weighted Average
     Shares Outstanding                  120,000        120,000
</TABLE>

              See accompanying notes to financial statements.
                                     4
<PAGE>

                     Mezzanine Investment Corporation
                       (A Development Stage Company)
                          Statements of Cash Flows
                                (Unaudited)
<TABLE>
<CAPTION>
                                                                      For the Period
                                                                      August 19, 1999
                                          For the Three Months Ended    (Inception)
                                             March         March         to March
                                            31, 2004      31, 2003       31, 2004
                                           ----------    ----------     ----------
<S>                                        <C>           <C>           <C>
Cash Flows from Operating Activities

  Net Income (Loss)                        $   (3,596)   $     (275)   $  (73,403)
  Adjustments to Reconcile Net Income
   (Loss) to Net Cash Provided by
   Operating Activities:
    Stock Issued for Services                    -             -             7,617
    (Increase) in Interest Receivable             (88)         (105)        (1,139)
    Increase in Accounts Payable/Interest       3,684           380         44,171
                                            ---------     ---------      ---------
      Net Cash Provided (Used) by
      Operating Activities                       -             -           (22,754)

Cash Flows from Investing Activities

  Loans to Related Party                         -             -           (3,500)
                                            ---------     ---------     ---------
      Net Cash Provided (Used) by
      Investing Activities                       -             -           (3,500)

Cash Flows from Financing Activities

  Cash from Notes Payable                        -             -             -
  Cash from Stock Sales                          -             -           26,254
                                            ---------     ---------     ---------
      Net Cash Provided (Used) by
      Financing Activities                       -             -           26,254
                                            ---------     ---------     ---------
      Increase (Decrease) in Cash                -             -             -

      Cash, Beginning of Period                  -              870          -
                                            ---------     ---------     ---------
      Cash, End of Period                  $     -       $      870    $     -
                                            =========     =========     =========

Supplemental Cash Flow Information
  Interest                                 $     -       $     -       $     -
  Taxes                                          -             -             -
</TABLE>
              See accompanying notes to financial statements.
                                     5
<PAGE>

                     Mezzanine Investment Corporation
                       (A Development Stage Company)
                    Notes to The  Financial Statements
                              March 31, 2004

NOTE 1 - CORPORATE HISTORY

Mezzanine Investment Corporation (the Company) was organized on August 19,
1999 in the State of Nevada for the purpose of conducting any type of
business.  The Company has yet to identify its specific business purpose.

The Company has yet to fully develop any material income from its stated
primary objective and it is classified as a development stage company.  All
income, expenses, cash flows and stock transactions are reported since the
beginning of development stage.

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES

Cash and Cash Equivalents - The Company considers all highly liquid
investments with maturities of three months or less to be cash equivalents.

Earnings (Loss) Per Share - The computation of earnings per share of common
stock is based on the weighted average number of shares outstanding at the
date of the financial statements.

Use of Estimates - The preparation of financial statements in conformity
with generally accepted accounting principles requires management to make
estimates and assumptions that affect reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at the date of
the financial statements and revenues and expenses during the reporting
period.  In these financial statements, assets, liabilities and earnings
involve extensive reliance on management's estimates.  Actual results could
differ from those estimates.

NOTE 3 - INCOME TAXES

The Company adopted Statement of Financial Accounting Standards No. 109
"Accounting for Income Taxes" in the fiscal year ended December 31, 2000
and has applied the provisions of the statement to the current year which
resulted in no significant adjustment.

Statement of Financial Accounting Standards No. 109 "Accounting for Income
Taxes" requires an asset and liability approach for financial accounting
and reporting for income tax purposes.  This statement recognizes (a) the
amount of taxes payable or refundable for the current year and (b) deferred
tax liabilities and assets for future tax consequences of events that have
been recognized in the financial statements or tax returns.

Deferred income taxes result from temporary differences in the recognition
of accounting transactions for tax and financial reporting purposes.
There were no temporary differences at March 31, 2004 and earlier periods;
accordingly, no deferred tax liabilities have been recognized for all
periods.

                                     6
<PAGE>

                     Mezzanine Investment Corporation
                       (A Development Stage Company)
                    Notes to The  Financial Statements
                              March 31, 2004

NOTE 3 - INCOME TAXES (continued)

The Company has cumulative net operating loss carryforwards of $73,403 at
March 31, 2004.  No effect has been shown in the financial statements for
the net operating loss carryforwards as the likelihood of future tax
benefit from such net operating loss carryforwards is not presently
determinable.  Accordingly, the potential tax benefits of the net operating
loss carryforwards, estimated based upon current tax rates at March 31,
2004 have been offset by valuation reserves in the same amount.  The net
operating losses begin to expire in 2019.

NOTE 4 - NOTES PAYABLE RELATED PARTY

The Company has issued several promissory notes to various corporations
whose officers are shareholders of the Company.  The notes are unsecured,
bear an interest rate of either 10% or 12% per annum and are due and
payable on demand. At March 31, 2004, the accrued interest associated
with the various notes was $6,595.

                                                         March 31,  December 31,
The Company has the following note payable obligations:    2004        2003
                                                         ---------   ----------
Related party notes payable due on demand
  accruing interest at a rate of 12% per annum           $  10,000   $   10,000

Related party notes payable due on demand
  accruing interest at a rate of 10% per annum              13,926       13,802
                                                          --------    ---------
     Totals                                              $  23,926   $   23,802
     Less Current Maturities                               (23,926)     (23,802)
                                                          --------    ---------
     Total Long-Term Notes Payable                       $    -      $     -
                                                          ========    =========

Following are maturities of long-term debt for each of the next five years:

                                                             Year      Amount
                                                           --------   ---------
                                                             2004     $  23,926
                                                             2005          -
                                                             2006          -
                                                             2007          -
                                                          Thereafter       -
                                                                       --------
                                                             Total    $  23,926

                                     7
<PAGE>

                     Mezzanine Investment Corporation
                       (A Development Stage Company)
                    Notes to The  Financial Statements
                              March 31, 2004

NOTE 5 - NOTES RECEIVABLE RELATED PARTY

During the 2002 year, the Company loaned $3,500 to a corporation whose
President is a shareholder of the Company.  The receivable is unsecured and
is bearing an interest rate of 10% per annum.  The note receivable is due
on demand.  The total accrued interest receivable amounts to $1,139.

NOTE 6 - 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.  Currently, 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.




                                     8
<PAGE>

             ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR
                             PLAN OF OPERATION

     The Company is a development stage company.  Since its inception, the
Company has had no operations.  The Company was organized for the purpose
of engaging in any lawful activity permitted under Nevada state law;
however, the Company does not have any significant cash or other material
assets, nor does it have an established source of revenues sufficient to
cover operating costs and to allow it to continue as a going concern.  The
Company intends to take advantage of any reasonable business proposal
presented which management believes will provide the Company and its
stockholders with a viable business opportunity.  The board of directors
will make the final approval in determining whether to complete any
acquisition, but will submit the proposal to the shareholders for final
approval.

     The original shareholders contributed a total of $25,383 in cash and
$7,617 in services as capital contributions for stock of the Company.
Since inception the Company has borrowed funds from corporations related to
the Company for operating expenses.

     Management estimates that the cash requirements for the year ending
December 31, 2004, will be approximately $9,000, if no change in operations
occurs during the year.  Management anticipates that these funds will be
loaned to the Company on the same or similar terms as those of previous
loans to the Company.  There is no agreement with any of the companies and
no assurance that all or a portion of these funds will be loaned to the
Company.  If the Company is unable to borrow such funds, management will
seek other sources of funding which are currently unknown to management.
There is no assurance that such funding would be available, or that if it
is made available, it could be obtained on terms favorable to the Company.

     The investigation of specific business opportunities and the
negotiation, drafting, and execution of relevant agreements, disclosure
documents, and other instruments will require substantial management time
and attention and will require the Company to incur costs for payment of
accountants, attorneys, and others.  If a decision is made not to
participate in or complete the acquisition of a specific business
opportunity, the costs incurred in a related investigation will not be
recoverable.  Further, even if an agreement is reached for the
participation in a specific business opportunity by way of investment or
otherwise, the failure to consummate the particular transaction may result
in a loss to the Company of all related costs incurred.

     Currently, management is not able to determine the time or resources
that will be necessary to locate and acquire or merge with a business
prospect.  There is no assurance that the Company will be able to acquire
an interest in any such prospects, products, or opportunities that may
exist or that any activity of the Company, regardless of the completion of
any transaction, will be profitable.  If and when the Company locates a
business opportunity, management of the Company will give consideration to
the dollar amount of that entity's profitable operations and the adequacy
of its working capital in determining the terms and conditions under which
the Company would consummate such an acquisition.  Potential business
opportunities, no matter

                                     9

which form they may take, will most likely result in substantial dilution
for the Company's shareholders due to the likely issuance of stock to
acquire such an opportunity.

Off-Balance Sheet Arrangements

     Management does not believe the company has any off-balance sheet
arrangements that have, or are reasonable likely to have, a current or
future effect on our financial condition, changes in financial condition,
revenues or expenses, results of operations, liquidity, capital
expenditures, or capital resources which would be material to investors.

                     ITEM 3.  CONTROLS AND PROCEDURES

Evaluation of disclosure and controls and procedure

     With the participation of management the Company's chief executive
officer and chief financial officer have evaluated the effectiveness of the
design and operation of the Company's disclosure controls and procedures
(as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange
Act of 1934, as amended) as of the end of the period covered by this
quarterly report.  Based on that evaluation the chief executive officer and
chief financial officer have concluded that the Company's disclosure
controls and procedures are designed to ensure that information required to
be disclosed by the Company in the reports that it files or submits under
the Exchange Act is recorded, processed, summarized and reported within the
time periods specified in the SEC's rules and forms, and are operating in
an effective manner.

Changes in internal controls

     There were no changes in the Company's internal control over financial
reporting that have materially affected, or are reasonably likely to
materially affect, the Company's internal control over financial reporting.

     It should be noted that any system of controls, however well designed
and operated, can provide only reasonable and not absolute assurance that
the objectives of the system will be met.  In addition, the design of any
control system is based in part upon certain assumptions about the
likelihood of future events.  Because of these and other inherent
limitations of control systems, there is only reasonable assurance that our
controls will succeed in achieving their stated goals under all potential
future conditions.

                                  PART II

                 ITEM 6.  EXPORTS AND REPORTS ON FORM 8-K

     (a)  Exhibits.

          31.1 Rule 13a-14(a) Certification by Principal Executive Officer
          31.2 Rule 13a-14(a) Certification by Principal Financial Officer
          32   Section 1350 Certification of Principal Executive Officer
               and Principal Financial Officer

     (b)  Reports on Form 8-K:  A report on Form 8-K dated February 10,
2004, was filed on February 24, 2004, reporting that although the Company
had not changed the firm that performs its audits, because of a merger of
operations the name of the firm changed from Bierwolf, Nilson & Associates
to Chisholm, Bierwolf & Nilson, LLC.

                                     10
<PAGE>

                                SIGNATURES

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

                                   Mezzanine Investment Corporation

Date:  May 17, 2004                By: /s/ Eric Chess Bronk
                                   Eric Chess Bronk, President and
                                   Treasurer (Principal Executive Officer
                                   and Principal Financial and Accounting
                                   Officer)


                                     11