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 Quarter ended March 31, 2002

                         Commission File Number: 0-30565



                            KNOWLEDGE NETWORKS, INC.


Nevada                                                                91-2014670
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)


24843  Del  Prado,  Suite  318,  Dana  Point,  CA                          92629
(Address of principal executive offices)                              (Zip Code)


Registrant's  telephone  number,  including  area  code:         (949)  487-7295


As  of  May  20, 2002 Post-split Common shares issued and outstanding: 7,167,585


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, 2002,
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

                                        1
<PAGE>

                            KNOWLEDGE NETWORKS, INC.
                          (a Development Stage Company)
                            BALANCE SHEET (UNAUDITED)

<TABLE>
<CAPTION>
                                                        March 31,    December 31,
                                                          2002          2001
                                                      (Unaudited)
--------------------------------------------------------------------------------
<S>                                                     <C>           <C>
                                                        ASSETS

CURRENT ASSETS

Cash . . . . . . . . . . . . . . . . . . . . . . . . .  $        90   $   8,925
Notes Receivable - Officer
Notes Receivable

TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . .           90       8,925
                                                        ------------  ----------
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . .  $        90   $   8,925
                                                        ============  ==========


      LIABILITIES & STOCKHOLDERS' EQUITY

LIABILITIES

Accounts payable . . . . . . . . . . . . . . . . . . .  $   121,509   $  29,180
Accounts payable - related party . . . . . . . . . . .        5,978       5,978
Notes payable. . . . . . . . . . . . . . . . . . . . .       35,000      35,000
                                                        ------------  ----------
Total Liabilities. . . . . . . . . . . . . . . . . . .      162,487      70,158
                                                        ------------  ----------

STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; authorized 100,000,000
   shares; issued and outstanding, 7,167,578 shares
   and 7,167,578 shares respectively . . . . . . . . .        7,168       7,168

Additional Paid-In Capital . . . . . . . . . . . . . .      241,338     241,338

Accumulated Equity (Deficit) . . . . . . . . . . . . .     (410,903)   (309,739)
                                                        ------------  ----------
Total Stockholders' Equity . . . . . . . . . . . . . .     (162,397)    (61,233)
                                                        ------------  ----------
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY . . . . . . .  $        90   $   8,925
                                                        ============  ==========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        2
<PAGE>

                            KNOWLEDGE NETWORKS, INC.
                          (a Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                  (UNAUDITED)
<TABLE>
<CAPTION>
                                                                               From
                                                                           Inception on
                                               From January From January   December 16,
                                                1, 2002 to   1, 2001 to    1998 through
                                                 March 31,    March 31,     March 31,
                                                   2002         2001          2002
-----------------------------------------------------------------------------------------
<S>                                            <C>           <C>          <C>
  Revenues. . . . . . . . . . . . . . . . . .  $       -0-   $      -0-   $       -0-
                                               ------------  -----------  ------------
  General and Administrative. . . . . . . . .      101,164          -0-       101,164
                                               ------------  -----------  ------------
  Total Expenses. . . . . . . . . . . . . . .      101,164          -0-       101,164
                                               ------------  -----------  ------------
  Net Loss from Operations. . . . . . . . . .     (101,164)         -0-      (101,164)
                                               ------------  -----------  ------------

  Discontinued Operations:

  Income (loss) from discontinued operations.            0     (269,721)     (443,238)

  Gain (loss) on disposal of operations . . .            0          -0-       133,499
                                               ------------  -----------  ------------
  Income (loss) from Discontinued Operation .            0     (269,721)     (309,739)
                                               ------------  -----------  ------------
  Net Income (Loss) . . . . . . . . . . . . .  $  (101,164)    (269,721)     (410,903)
                                               ============  ===========  ============

  Loss per Share:

    (Loss) from continuing operations . . . .        (0.00)           -         (0.00)
    (Loss) from discontinued operations . . .        (0.00)       (0.08)        (0.02)
                                               ------------  -----------  ------------
  Loss per Share. . . . . . . . . . . . . . .  $     (0.00)  $    (0.08)  $     (0.02)
                                               ============  ===========  ============
  Weighted Average
      Shares Outstanding. . . . . . . . . . .   71,675,780    3,425,777    17,050,003
                                               ============  ===========  ============
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        3
<PAGE>

                            KNOWLEDGE NETWORKS, INC.
                          (a Development Stage Company)
                      STATEMENT OF CASH FLOWS (UNAUDITED)
<TABLE>
<CAPTION>
                                                                                    From
                                                                                Inception on
                                                            From January        December 16,
                                                             1, 2001 to         1998 through
                                                              March 31,           March 31,
                                                         2002          2001         2002
--------------------------------------------------------------------------------------------
<S>                                                <C>             <C>         <C>
  Operating Activities

  Net Income (Loss) . . . . . . . . . . . . . . .     $   (101,164)  $(269,721)  $(410,903)
  Adjustments to reconcile net loss to
      net cash provided by operations
      Issuance of stock for services. . . . . . .                0           0     120,342
      Forgiveness of debt . . . . . . . . . . . .                0           0      49,984
      Bad debt.                                                  0           0      11,154
      Increase in accounts payable                          92,329     262,569     135,518
    Increase in accounts payable -related party.                 0           0       5,978
                                                      ---------------------------------------

  Net cash flows used Operations. . . . . . . . .           (8,835)     (7,152)    (87,927)

  Cash flows used in Investment Activities
    Cash payments for notes receivable. . . . . .                     (405,769)    (63,993)
                                                      ---------------------------------------

  Net Cash used in Investment Activities. . . . .                     (405,769)    (63,993)

  Cash Flows from Financing Activities
    Cash received from notes payable. . . . . . .                      412,880      35,000
    Cash received from subscriptions receivable .                                    9,800
    Cash received from spin-off . . . . . . . . .                                    3,710
    Issuance of stock for cash. . . . . . . . . .                                  103,500
                                                      ---------------------------------------

  Net Cash Flows from Financing Activities. . . .                0     412,880     152,010

  Net increase (decrease) in cash . . . . . . . .           (8,835)        (41)         90

  Cash, beginning of period . . . . . . . . . . .            8,925         161
                                                      ---------------------------------------

  Cash, end of period . . . . . . . . . . . . . .               90         120          90
                                                      =======================================
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                        4
<PAGE>

                            KNOWLEDGE NETWORKS, INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                 March 31, 2002


NOTES  TO  FINANCIAL  STATEMENTS

Knowledge  Networks,  Inc. ("the Company") has elected to omit substantially all
footnotes to the financial statements for the period ended March 31, 2002, since
there have been no material changes (other than indicated in other footnotes) to
the  information previously reported by the Company in their Annual Report filed
on  Form  10-KSB  for  the  Fiscal  year  ended  December  31,  2001.

COMMON  STOCK  REVERSE  SPLIT

On  February  15,  2002,  the Board of Directors and Shareholders of the Company
approved  a  one  for  ten  (1:10)  reverse  split  of  its  common  stock.  All
presentations  of shareholders' equity are presented as if the forward split had
been  effect  since  inception.

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.

                                        5
<PAGE>

              ITEM 2. DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

 (A)  PLAN  OF  OPERATION  FOR  THE NEXT TWELVE MONTHS. Our plan of operation is
unchanged  from  our  annual  report  for  the  year  ended  December  31, 2001.

 (B)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
We  have  enjoyed  no  revenues  during  the  period  covered  by  this  report.

                           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. On February 14, 2002, we approved a reverse split of
1:10  such  that  for  every  ten  shares  owned one share shall be issued. More
information about our share issuance history and the effect of this and previous
forward  and reverse splits, of our common stock, is provided in our last annual
report  on  Form  10-KSB,  for  the  year  ended  December  31,  2001.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K.  None


                                   SIGNATURES


     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-Q Report for the Quarter ended March 31, 2002, has been signed below by
the  following person on behalf of the Registrant and in the capacity and on the
date  indicated.


                            KNOWLEDGE NETWORKS, INC.

Dated:  May  20,  2002     by




                              /s/ Marlen L. Roepke
                                  Marlen L. Roepke
                                  Officer/Director

                                        6
<PAGE>