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 June 30, 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  June 30, 2002 Post-split Common shares issued and outstanding: 7,167,578


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 and six months ended June
30,  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 SHEETS

<TABLE>
<CAPTION>
                                                          June 30,   December 31,
                                                            2002         2001
<S>                                                     <C>           <C>
      ASSETS . . . . . . . . . . . . . . . . . . . . .   (Unaudited)

CURRENT ASSETS

Cash . . . . . . . . . . . . . . . . . . . . . . . . .  $       180   $   8,925
Notes Receivable - Officer
Notes Receivable

TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . .          180       8,925

TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . .  $       180   $   8,925
                                                        ============  ==========


      LIABILITIES & STOCKHOLDERS' EQUITY

LIABILITIES

Accounts payable . . . . . . . . . . . . . . . . . . .  $   111,529   $  29,180
Accounts payable - related party . . . . . . . . . . .        5,978       5,978
Notes payable. . . . . . . . . . . . . . . . . . . . .       35,000      35,000

Total Liabilities. . . . . . . . . . . . . . . . . . .      152,507      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 . . . . . . . . .        8,168       7,168

Additional Paid-In Capital . . . . . . . . . . . . . .      290,338     241,338

Accumulated Equity (Deficit) . . . . . . . . . . . . .     (450,833)   (309,739)

Total Stockholders' Equity . . . . . . . . . . . . . .     (152,327)    (61,233)

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY . . . . . . .  $       180   $   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
                                                                                             December 16,
                                             For the three                For the six        1998 through
                                          months ended June 30       months ended June 30      June 30,
                                            2002         2001          2002         2001          2002
<S>                                     <C>           <C>          <C>           <C>          <C>
Revenues . . . . . . . . . . . . . . .  $       -0-   $      -0-   $       -0-   $      -0-   $       -0-

General and Administrative . . . . . .       39,930          -0-       141,094          -0-       141,094

Total Expenses . . . . . . . . . . . .       39,930          -0-       141,094          -0-       141,094

Net Loss from Operations . . . . . . .      (39,930)         -0-      (141,094)         -0-      (141,094)

Discontinued Operations:

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

Gain (loss) on disposal of operations.            0          -0-             0          -0-       133,499

Income (loss) from
    Discontinued Operation . . . . . .            0     (269,721)            0     (269,721)     (309,739)

Net Income (Loss). . . . . . . . . . .  $   (39,930)    (269,721)  $  (141,094)    (269,721)  $  (450,833)
                                        ============  ===========  ============  ===========  ============

Loss per Share:

  (Loss) from continuing operations. .        (0.00)           -         (0.00)           -         (0.00)
  (Loss) from discontinued operations.        (0.00)       (0.08)        (0.00)       (0.08)        (0.03)

Loss per Share . . . . . . . . . . . .  $     (0.00)  $    (0.08)  $     (0.00)  $    (0.08)  $     (0.03)
                                        ============  ===========  ============  ===========  ============

Weighted Average
    Shares Outstanding . . . . . . . .   71,675,780    3,425,777    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
                                                                               December 16,
                                                             For the seven      1998 through
                                                          months ended July 31,   July 31,
                                                          2002          2001        2002
<S>                                                <C>              <C>         <C>
  Operating Activities

  Net Income (Loss) . . . . . . . . . . . . . . .  $     (141,094)  $(269,721)  $(450,833)
  Adjustments to reconcile net loss to
      net cash provided by operations
      Issuance of stock for services. . . . . . .          50,000           0     170,342
      Forgiveness of debt . . . . . . . . . . . .               0           0      49,984
      Bad debt. . . . . . . . . . . . . . . . . .               0           0      11,154
      Increase in accounts payable                         82,349     262,569     125,538
    Increase in accounts payable -related party.                0           0       5,978

  Net cash flows used Operations. . . . . . . . .          (8,745)     (7,152)    (87,837)

  Cash flows used in Investment Activities
    Cash payments for notes receivable. . . . . .               0    (405,769)    (63,993)

  Net Cash used in Investment Activities. . . . .               0    (405,769)    (63,993)

  Cash Flows from Financing Activities
    Cash received from notes payable. . . . . . .               0     412,880      35,000
    Cash received from subscriptions receivable .               0           0       9,800
    Cash received from spin-off . . . . . . . . .               0           0       3,710
    Issuance of stock for cash. . . . . . . . . .               0           0     103,500

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

  Net increase (decrease) in cash . . . . . . . .          (8,745)        (41)        180

  Cash, beginning of period . . . . . . . . . . .           8,925         161           0

  Cash, end of period . . . . . . . . . . . . . .             180         120         180
                                                   =======================================
</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
                                  June 30, 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 June 30, 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.

COMMON  STOCK  ISSUED  FOR  SERVICES  RENDERED

In June 2002, the Board of Directors and Shareholders of the Company approved an
issuance  of  1,000,000 shares of common stock in exchange for services rendered
which  were  valued  at  $50,000  (or  $.05  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.

                                        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.
Conditions  are  not  currently favorable to capital formation or the launch of
operations.

 (B)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
We  have  enjoyed  no  revenues  during  the  periods  covered by this report or
corresponding  periods  during  the  previous  fiscal  year.

                           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.  None


                                   SIGNATURES


     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-Q  Report for the Quarter ended June 30, 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:  August  8,  2002               by




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

                                        6
<PAGE>