UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 **Washington, D.C. 20549**
 
 FORM 10-QSB
 
 [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)
 OF THE SECURITIES EXCHANGE ACT OF 1934
 
 For the First Quarter ended March 31, 2003
 
 Commission File Number: 0-30891
 
 
 NetParts.com, Inc.
 (Exact name of Registrant as specified in its charter)
  **Nevada**(Jurisdiction of Incorporation)
**91-1980526**(I.R.S. Employer Identification No.)**3131 Southwest Freeway #46, Houston TX**(Address of principal executive offices)
**77098**(Zip Code)**(713) 521-9395**Registrant's telephone number, including area code
   
 As of 3/31/03, the number of shares of common stock outstanding was 37,552,300 .
 
 
 Transitional Small Business Disclosure Format (check one): yes [ ] no [X]
 
 
 PART I: FINANCIAL INFORMATION
 
 Item 1. Financial Statements.
 
 The financial statements, for the three months ended March 31, 2003, 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 footnotes disclosure 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 not misleading.
 
 The Remainder of this Page is Intentionally left Blank
   NetParts.com, 10-QSB March 31, 2003Page 1 ITEM 2. DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.
 
 (a) Plan of Operation. Our plan of operation is unchanged from our previous report. We were incorporated for the purpose of creating a series of 16 specialized auto salvage yards, each one handling only one make of vehicle. We have not launched operations or achieved our funding goals during 2002, due to the impact of market and economic decline of the past six months. Our start up venture must be postponed until a more favorable economy and market conditions recover. We have essentially suspended developmental efforts for the remainder of 2003.
 
 
 (b) Discussion and Analysis of Financial Condition and Results of Operations. We have not launched operations. We are a development stage company. We have had minimal revenues to date. Our General and Administrative activities to date have involved our corporate organization, business plan development, initial funding, auditing and preparation of our 1934 Registration of our common stock for tradability on the OTCBB. Due to our current lack of business development, our realization of quotation on OTCBB is doubtful now, and may be delayed by the Staff of the NASD. It is doubtful that we can become attractive to our potential investors before our common stock is quotable.
 
 
 
 PART II: OTHER INFORMATION
 
 Item 1. Legal Proceedings. None
 
 Item 2. Changes in Securities. None
 
 Item 3. Defaults on Senior Securities. None
 
 Item 4. Submission of Matters to Vote of Security Holders . None
 
 Item 5. Other Information . None
 
 Item 6. Exhibits and Reports on Form 8-K. Certification(s) Pursuant to 18 USC Section 1350
   NetParts.com, 10-QSB March 31, 2003Page 2 
 SIGNATURES
 
 Pursuant to the requirements of the Securities Exchange Act of 1934, this Form 10-Q Report for the Quarter ended March 31, 2003 , has been signed below by the following persons on behalf of the Registrant and in the capacity and on the date indicated.
 
 
 
 NetParts.com, Inc.
 
 Dated: May 14, 2003
 by
 
 /s/*Donald Jackson Wells***Donald Jackson Wells**
/s/*Joseph A. Kane***Joseph A. Kane**president/director
secretary/treasurer/director
 
  NetParts.com, 10-QSB March 31, 2003Page 3
 
    
 
 Exhibit A
 
 CERITIFICATION PURSUANT TO 18 USC SECTION 1350
   
        CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE
 SARBANES-OXLEY ACT OF 2002
 
 CERTIFICATION OF PRESIDENT/DIRECTOR
 
 In connection with the Quarterly Report of NetParts.com, Inc. , a Nevada corporation (the "Company"), on 10-QSB for the March 31, 2003 as filed with the Securities and Exchange Commission (the "Report"), I, Donald Jackson Wells of the Company, certify, pursuant to 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), that to my knowledge:
 
 (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.
 
 /s/*Donald Jackson Wells***Donald Jackson Wells**president/director
 May 14, 2003
   NetParts.com, 10-QSB March 31, 2003Page 4


CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE
 SARBANES-OXLEY ACT OF 2002
 
 CERTIFICATION OF PRESIDENT/DIRECTOR
 
 In connection with the Quarterly Report of NetParts.com, Inc. , a Nevada corporation (the "Company"), on 10-QSB for the March 31, 2003 as filed with the Securities and Exchange Commission (the "Report"), I, Joseph Kane of the Company, certify, pursuant to 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), that to my knowledge:
 
 (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.
 
 /s/*Joseph Kane* 
**Joseph Kane**Secretary/Treasurer/Director
 May 14, 2003






NetParts.com, 10-QSB March 31, 2003Page 5









Exhibit 99.1
 
 Section 302 Certification
   
  NetParts.com, 10-QSB March 31, 2003Page 6
  
  CERTIFICATIONS Pursuant to Section 302
  I, Donald Jackson Wells , certify that:
  1. I have reviewed this quarterly report on Form 10-QSB of NetParts.com, Inc. ;
  2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
  3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;
  4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
  a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
  b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and
  c) presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;
  5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):
  a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and
  b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and
  6. The registrant's other certifying officers and I have indicated in this quarterly report whether there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
   /s/*Donald Jackson Wells***Donald Jackson Wells**president/director
  Date: May 14, 2003
  
   NetParts.com, 10-QSB March 31, 2003Page 7
    CERTIFICATIONS Pursuant to Section 302
  I, Joseph Kane , certify that:
  1. I have reviewed this quarterly report on Form 10-QSB of NetParts.com, Inc. ;
  2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
  3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;
  4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
  a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
  b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and
  c) presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;
  5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):
  a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and
  b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and
  6. The registrant's other certifying officers and I have indicated in this quarterly report whether there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
    /s/*Joseph Kane***Joseph Kane**Secretary / Treasurer / Director
 
 
 Date: May 14, 2003
 NetParts.com, 10-QSB March 31, 2003Page 8


**NETPARTS.COM, INC.**


(a Development Stage Company)


BALANCE SHEETS







**March 31,**
****
****
**December 31,****2003**
****
****
**2002**(Unaudited)ASSETSCURRENT ASSETSCash
$
0

$
0TOTAL CURRENT ASSETS

0


0TOTAL ASSETS
$
0

$
0LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable
$
111,184

$
95,531Accounts payable - related parties

33,824


33,824TOTAL CURRENT LIABILITIES

145,008


129,355STOCKHOLDERS' EQUITYCommon Stock, $.001 par value; authorized 100,000,000shares; issued and outstanding, 37,552,300 sharesand 22,552,300 shares, respectively

37,552


22,552Additional paid-in capital

1,562,658


1,277,658Accumulated equity (deficit)

(1,745,218
)

(1,429,565
)Total Stockholders' Equity

(145,008
)

(129,355
)TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$
0

$
0





The accompanying notes are an integral part


of these financial statements.





NetParts.com, 10-QSB March 31, 2003Page 9





**NETPARTS.COM, INC.**
(a Development Stage Company)
STATEMENTS OF CASH FLOWS
(Unaudited)


FromInception onFrom January


From January


April 21,1, 2003 to


1, 2002 to


1999 throughMarch 31,


March 31,


March 31,2003


2002


2003Operating ActivitiesNet Income (Loss)
$
(315,653
)
$
(55,493
)
$
(1,745,218
)Items not affecting cash:Increase (decrease) in accounts payable

15,653


55,493


111,184Increase in accounts payable - related party

0


0


33,824Stock issued for services

298,500





1,398,710Stock issued for debt

1,500


0


101,500Net Cash from Operations

0


0


(100,000
)Cash from investing activities

0


0


0Net Cash from Investing Activities

0


0


0Cash from financing activitiesSale of Common Stock

0


0


100,000Cash Increase (Decrease)

0


0


0Beginning Cash

0


1,191


0Cash as of Statement Date
$
0

$
1,191

$
0Cash Paid For:Interest
$
0

$
0

$
0Taxes
$
0

$
0

$
0

Non-Cash Financing Activities
During June, July and September 2002, the Company issued 80,000 shares of common stock for services valued at $100,000 (or $1.25 per share).
During October 2002, the Company issued 21,901,500 shares of common stock for services rendered and valued at $1,095,075 (or $0.05 per share).
During January 2003, the Company issued 15,000,000 shares of common stock for services rendered and valued at $300,000 (or $0.02 per share).

The accompanying notes are an integral part
of these financial statements.
NetParts.com, 10-QSB March 31, 2003Page 10

**NETPARTS.COM, INC.**
(a Development Stage Company)
STATEMENTS OF OPERATIONS
(Unaudited)
FromInception onFrom January


From January


April 21,1, 2003 to


1, 2002 to


1999 throughMarch 31,


March 31,


March 31,2003


2002


2003Revenues

$
-0-

$
-0-

$
1,000General and AdministrativeExpenses


315,653


55,493


1,746,218Net Loss from Operations


(315,653
)

(55,493
)

(1,745,218
)Net Income (Loss)

$
(315,653
)
$
(55,493
)
$
(1,745,218
)Loss per Share

$
(0.01
)
$
(0.10
)
$
(0.45
)Weighted AverageShares Outstanding


36,385,633


570,800


3,869,681
The accompanying notes are an integral part
of these financial statements.


NetParts.com, 10-QSB March 31, 2003Page 11


NETPARTS.COM, INC.
(A Development Stage Company)
Notes to the Unaudited Financial Statements
March 31, 2003




NOTES TO FINANCIAL STATEMENTS

NetParts.com, Inc. ("the Company") has elected to omit substantially all footnotes to the financial statements for the period ended March 31, 2003, since there have been no material changes (other than indicated in other footnotes) to the information previously reported by the Company in their Audited Financial Statements for the Fiscal year ended December 31, 2002.

COMMON STOCK ISSUED FOR SERVICES RENDERED

In January 2003, the Board of Directors and Shareholders of the Company approved issuances of a total of 15,000,000 shares of common stock in exchange for reduction in payables which were valued at $1,500 and $298,500 in services rendered. Total value of stock was $300,000 (or $.02 per share).

UNAUDITED INFORMATION

The information furnished herein was taken from the books and records of the Company without audit. However, such information reflects all adjustments which are, in the opinion of management, necessary to properly reflect the results of the period presented. The information presented is not necessarily indicative of the results from operations expected for the full fiscal year.

NetParts.com, 10-QSB March 31, 2003Page 12