U. S. Securities and Exchange Commission
                             Washington, D.C. 20549

                                   FORM 10-QSB
(Mark  One)

[X]     QUARTERLY  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE  SECURITIES
        EXCHANGE  ACT  OF  1934

For the quarter ended October 31, 2001
                      ----------------

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

For  the  transition  period  from _____________ to ______________

Commission  File  No.  000-32089
                       ---------

                                 FAR GROUP INC.
                                 --------------
                 (Name of Small Business Issuer in its Charter)

Washington                                                           91-2023071
----------                                                   -------------------
(State or Other Jurisdiction of                                (I.R.S. Employer
incorporation or organization)                                Identification No)

                          Suite 210, 580 Hornby Street
                   Vancouver, British Columbia, Canada V6C 3B6
                 -----------------------------------------------
                    (Address of Principal Executive Offices)

                                 (604) 662-7000
                         --------------------------------
                            Issuer's Telephone Number

                                       N/A
                         --------------------------------
          (Former Name or Former Address, if changed since last Report)

Check  whether  the Issuer (1) 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  Company  was required to file such reports), and (2) has been
subject  to  such  filing  requirements  for  the  past  90  days.

      (1)     Yes  X      No               (2)     Yes  X      No
                  ---        ---                       ---         ---
     (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

                                 Not applicable

                     (APPLICABLE ONLY TO CORPORATE ISSUERS)

State the number of shares outstanding of each of the Issuer's classes of common
equity,  as  of  the  latest  practicable  date:

                                December 4, 2001

                        Common - 15,600,000 common shares

                       DOCUMENTS INCORPORATED BY REFERENCE

A  description of any "Documents Incorporated by Reference" is contained in Item
6  of  this  Report.

    Transitional Small Business Issuer Format     Yes  X       No
                                                      ---         ---


<PAGE>
PART  I  -  FINANCIAL  INFORMATION

Item  1.  Financial  Statements.

The  Financial  Statements  of the Company required to be filed with this 10-QSB
Quarterly Report were prepared by management and commence on the following page,
together  with  related  Notes.  In  the  opinion  of  management, the Financial
Statements  fairly  present  the  financial  condition  of  the  Company.

                                 FAR GROUP INC.
                          (A Development Stage Company)
                          INTERIM FINANCIAL STATEMENTS
                                OCTOBER 31, 2001
                                   (Unaudited)


<PAGE>
<TABLE>
<CAPTION>

FAR Group Inc.
(A Development Stage Company)
Interim Balance` Sheet


                                                                               October 31,    April 30,
                                                                                  2001          2001
                                                                                    $             $
                                                                               (unaudited)    (audited)
<S>                                                                           <C>            <C>
ASSETS

Current Assets

Cash                                                                                 5,250        2,361
Prepaid expense                                                                      7,500            -
--------------------------------------------------------------------------------------------------------
Total Assets                                                                        12,750        2,361
========================================================================================================

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities

Accounts payable                                                                     2,439        4,199
Accrued liabilities                                                                    750          750
Due to a related party (Note 5)                                                     29,861            -
Note payable (Note 4)                                                               35,000       35,000
--------------------------------------------------------------------------------------------------------
Total Liabilities                                                                   68,050       39,949
--------------------------------------------------------------------------------------------------------
Contingency (Note 1)

Stockholders' Deficit

Common Stock: $0.0001 par value; authorized 100,000,000 common shares;
15,600,000 and 2,600,000 shares issued and outstanding respectively (Note 7
for a six new for one old forward split)                                             1,560          260

Additional Paid-in Capital                                                          24,440       25,740
--------------------------------------------------------------------------------------------------------
                                                                                    26,000       26,000
--------------------------------------------------------------------------------------------------------
Preferred Stock: $.0001 par value; authorized 20,000,000 preferred shares;               -            -
none issued
--------------------------------------------------------------------------------------------------------
Deficit Accumulated During the Development Stage                                   (81,300)     (63,588)
--------------------------------------------------------------------------------------------------------
Total Stockholders' Deficit                                                        (55,300)     (37,588)
--------------------------------------------------------------------------------------------------------
Total Liabilities and Stockholders' Deficit                                         12,750        2,361
========================================================================================================
</TABLE>

(See Accompanying Notes to the Interim Financial Statements)


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

FAR  Group  Inc.
(A  Development  Stage  Company)
Interim  Statements  of  Operations
(unaudited)


                                               Accumulated From
                                                March 24, 2000
                                             (Date of Inception)     Three months ended          Six months ended
                                                to October 31,             October 31,               October 31,
                                                     2001              2001         2000          2001          2000
                                                       $                $             $             $             $
<S>                                         <C>                   <C>           <C>           <C>           <C>
Revenue                                                       -             -             -             -            -
-----------------------------------------------------------------------------------------------------------------------

Expenses

Accounting and legal                                     33,828        10,022             -        13,277            -
Bank charges                                                100            45             -            55            -
Consulting fees                                           7,500         2,500             -         2,500            -
License written-off                                      35,000             -             -             -            -
Office                                                      916          (184)          500           254          500
Transfer agent and filing fees                            3,956           768             -         1,626            -
-----------------------------------------------------------------------------------------------------------------------
Net loss                                                (81,300)      (13,151)         (500)      (17,712)        (500)
=======================================================================================================================
Net Loss Per Share (Basic and diluted)                                   (.01)            -          (.01)           -
=======================================================================================================================
Weighted Average Number of Shares
Outstanding (See Note 7 for a six new for
one old forward split)                                              15,600,000     9,600,000    15,600,000    9,600,000
=======================================================================================================================
</TABLE>

(See Accompanying Notes to the Interim Financial Statements)


                                      F-2
<PAGE>
<TABLE>
<CAPTION>

FAR  Group  Inc.
(A  Development  Stage  Company)
Interim  Statements  of  Cash  Flows
(unaudited)


                                              Six months ended
                                                  October 31,
                                                2001      2000
                                                  $        $
<S>                                           <C>        <C>
Cash Flows From Operating Activities

Net loss                                       (17,712)   (500)

Changes in operating assets and liabilities:

Prepaid expense                                 (7,500)      -
Accounts payable and accrued liabilities        (1,760)    500
---------------------------------------------------------------
Net Cash Used by Operating Activities          (26,972)      -
---------------------------------------------------------------
Cash Flows From Financing Activities

Advances from a related party                   29,861       -
---------------------------------------------------------------
Increase In Cash                                 2,889       -

Cash at Beginning of Period                      2,361       -
---------------------------------------------------------------
Cash at End of Period                            5,250       -
===============================================================

Non-Cash Financing Activities                        -       -
===============================================================

Supplemental Disclosures

Interest paid                                        -       -
Income tax paid                                      -       -
</TABLE>

(See accompanying Notes to the Interim Financial Statements)


                                      F-3
<PAGE>
FAR  Group,  Inc.
A  Development  Stage  Company)
Notes  to  the  Interim  Financial  Statements
October  31,  2001
(unaudited)


1.   Development  Stage  Company

     FAR  Group,  Inc.  herein  (the "Company") was incorporated in the State of
     Washington,  U.S.A.  on  March  24, 2000. The Company acquired a license to
     market  and  distribute  vitamins,  minerals,  nutritional supplements, and
     other  health  and  fitness  products  in  which the grantor of the license
     offers  these  products  for sale from various suppliers on their Web Site.

     The  Company  is  in the development stage. In a development stage company,
     management  devotes  most  of its activities in developing a market for its
     products.  Planned  principal activities have not yet begun. The ability of
     the  Company  to  emerge  from  the  development  stage with respect to any
     planned  principal  business  activity  is  dependent  upon  its successful
     efforts  to  raise  additional  equity  financing  and/or attain profitable
     operations.  There  is  no guarantee that the Company will be able to raise
     any  equity  financing  or  sell  any of its products at a profit. There is
     substantial  doubt  regarding  the Company's ability to continue as a going
     concern.

     The  Company  filed an SB-2 Registration Statement with the U.S. Securities
     Exchange  Commission  which  was  declared  effective  in January 2001. The
     Company sold and issued 1,000,000 common shares at $0.01 per share for cash
     proceeds  of $10,000. The Company is listed on the OTC Bulletin Board under
     the  symbol  FGRI.


2.   Summary  of  Significant  Accounting  Policies

     (a)  Year  end

          The  Company's  fiscal  year  end  is  April  30.

     (b)  License

          The  cost  to  acquire  the  License  was  initially  capitalized. The
          carrying  value  of the License was evaluated in each reporting period
          to  determine  if  there  were  events  or  circumstances  which would
          indicate  a  possible  inability  to recover the carrying amount. Such
          evaluation  is  based  on  various  analyses  including  assessing the
          Company's  ability  to  bring  the  commercial applications to market,
          related profitability projections and undiscounted cash flows relating
          to  each application which necessarily involves significant management
          judgment.  Where  an  impairment loss has been determined the carrying
          amount  is  written-down  to  fair  market value. Fair market value is
          determined  as  the  amount  at  which  the license could be sold in a
          current  transaction  between  willing  parties.  The  License  was
          written-off  to  operations due to the lack of historical cash flow of
          the  license  and  lack  of  a  market  to  resell  the  license.

     (c)  Cash  and  Cash  Equivalents

          The Company considers all highly liquid instruments with a maturity of
          three  months  or less at the time of issuance to be cash equivalents.


     (d)  Revenue  Recognition

          The  Company will receive from the Grantor of the license, commissions
          of  one-half of all the profit on all sales made through the Grantor's
          Web  Site. The commission revenue will be recognized in the period the
          sales have occurred. The Company will report the commission revenue on
          a  net  basis as the Company is acting as an Agent for the Grantor and
          does not assume any risks or rewards of the ownership of the products.
          This  policy  is  prospective  in  nature  as  the Company has not yet
          generated  any  revenue.

                                      F-4
<PAGE>
2.   Summary  of  Significant  Accounting  Policies

     (e)  Use  of  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  periods.  Actual results could differ from
          those  estimates.


     (f)  Interim  Financial  Statements

          These interim unaudited financial statements have been prepared on the
          same  basis  as  the annual financial statements and in the opinion of
          management,  reflect  all  adjustments,  which  include  only  normal
          recurring  adjustments,  necessary  to  present  fairly  the Company's
          financial  position,  results  of  operations  and  cash flows for the
          periods  shown.  The  results  of  operations for such periods are not
          necessarily  indicative of the results expected for a full year or for
          any  future  period.


3.   License

     The  Company's asset is a license to market vitamins, minerals, nutritional
     supplements and other health and fitness products through the Grantor's Web
     Site.  The  Company  desires  to  market  these  products  to  medical
     practitioners,  alternative  health professionals, martial arts studios and
     instructors,  sports  and  fitness  trainers,  other  health  and  fitness
     practitioners,  school  and  other  fund raising programs and other similar
     types of customers in Minnesota. The license was acquired on April 13, 2000
     for  a  term of three years. The Company must pay an annual fee of $500 for
     maintenance  of  the Grantor's Web Site commencing on the anniversary date.
     The  Grantor  of  the  license  retains  50%  of  the  profits.

     The Company paid total consideration of $35,000 for the license with a note
     payable  of  $35,000.  See  Note  5.

     The  License  was  written-off  to operations due to the lack of historical
     cash  flow  and  lack of a market to resell the license. However, it is the
     Company's intention to conduct a survey to determine its core target market
     from  amongst  the potential clients under its Vitamineralherb.com license,
     hire  commissioned  sales  staff, establish an office, advertise, and begin
     making  sales.


4.   Note  Payable

     The  note  payable is unsecured, non-interest bearing and is repayable upon
     the successful completion of an Initial Public Offering of the common stock
     of the Company and sale of all registered shares pursuant to such offering.
     As  the  proceeds  from this offering are not sufficient to repay this loan
     the  President  of  the  Company  does not intend to demand repayment until
     sufficient  funds  are  in  place.


5.   Related  Party  Transactions

     The  License  referred to in Note 4 was assigned to the Company by the sole
     director  and  President of the Company for consideration of the assumption
     of  a  note payable of $35,000. The License was recorded at the transferors
     cost  of  $35,000  which  was  also  fair  market  value  at  the  time.


     The  Grantor  of  the  License  is  not  related  to  the  Company.

     The  amounts  owing  to a company related to the President are non-interest
     bearing,  unsecured  and  due  on  demand.


                                      F-5
<PAGE>
6.   Commitment

     The  Company  entered into a Business Agreement with Magnum Financial Corp.
     ("Magnum")  whereby  Magnum  was to assist the Company with the approval of
     trading  on  the  OTC  Bulletin  Board.  The  Company  has paid $5,000 upon
     acceptance of this agreement and was to pay $5,000 upon listing for trading
     on the OTC BB and a further $5,000 three weeks after listing for trading on
     the  OTC  BB. This agreement was cancelled and the amount owing was waived.


7.   Common  Stock

     The  Company's Board of Directors approved a six for one forward split with
     a  record  date  of  August  31,  2001.

     A  total  of 15,600,000 common shares are issued and outstanding as at that
     date.


                                      F-6
<PAGE>
Item  2.  Management's  Discussion  and  Analysis  or  Plan  of  Operation
--------------------------------------------------------------------------

The  following  discussion  and  analysis of FAR Group's financial condition and
results  of  operations  should  be  read  in  conjunction  with  the  Financial
Statements  and accompanying notes and the other financial information appearing
elsewhere  in  this  report.

PLAN  OF  OPERATION
-------------------

During  the  period  from  March 24 2000 through October 31, 2001, FAR Group has
engaged  in  no  significant  operations  other  than organizational activities,
acquisition  of  the  rights  to  market  Vitamineralherb  and  preparation  for
registration  of its securities under the Securities Act of 1933, as amended. No
revenues  were  received  by  FAR  Group  during  this  period.

For  the  current  fiscal  year  ending  April  30,  2002, FAR Group anticipates
incurring  a  loss  as a result of expenses associated with setting up a company
structure  to  begin  implementing its business plan. FAR Group anticipates that
until  these  procedures  are  completed, it will not generate revenues, and may
continue  to operate at a loss thereafter, depending upon the performance of the
business.

FAR Group remains in the development stage and, since inception, has experienced
no significant change in liquidity or capital resources or shareholders' equity.
Consequently,  FAR  Group's balance sheet as of October 31, 2001, reflects total
assets  of  $12,750.  The Company has incurred a loss of $81,300 to date. During
the  quarter  the Company recorded a prepaid expense of $7,250 which represented
the  prepaid  portion  of  a  non-refundable  fee  of  $10,000 paid to Equitrade
Securities  Corporation  (an  investment  banking firm) pursuant to an agreement
dated August 9, 2001. The Company received $29,861 from a company related to the
President  which was used to pay expenses of $25,212 and to pay debts of $1,760.
This  resulted  in  an  increase of cash of $2,889 and a cash balance of $5,250.
These  advances  are  non-interest  bearing,  unsecured  and  due on demand. The
Company  included  in  operations legal expenses of $9,228 which represented due
diligence  costs  spent  on  a  possible  business  acquisition  but  due to the
uncertainties  in  the  financial  markets as a result of the September 11, 2001
events;  negotiations  were  terminated.

The  original  shareholder  paid  legal expenses upon inception in the amount of
$16,000  for  which he received 1,600,000 shares of common stock of the Company.

The  Company  filed  an  SB-2  Registration  Statement  with the U.S. Securities
Exchange  Commission  which  was declared effective in January 2001. The Company
sold  and issued 1,000,000 common shares at $0.01 per share for cash proceeds of
$10,000.  The  Company  trades  on the OTC Bulletin Board under the symbol FGRI.

FAR  Group's  business  plan  is  to  determine  the  feasibility  of  selling
Vitamineralherb.com  products  to  targeted  markets.  In order to determine the
feasibility of its business plan, FAR Group plans, during the next six to twelve
months,  to conduct research into these various potential target markets. Should
FAR  Group  determine  that the exploitation of the license is feasible, it will
engage  salespeople  to market the products. Based primarily on discussions with
the  licensor,  FAR Group believes that during its first operational quarter, it
will  need  a capital infusion of approximately $85,000 to achieve a sustainable
sales level where ongoing operations can be funded out of revenues. This capital
infusion  is  intended  to  cover  costs  of  advertising, hiring and paying two
salespeople,  and  administrative  expenses.  In  addition,  FAR Group will need
approximately  $260,000  in the event it determines that its market will not pay
in  advance  and  it  will  have to extend credit. FAR Group will have to obtain
additional  financing  through  an  offering or capital contributions by current
shareholders.

FAR  Group  will  need  additional  capital to carry out its business plan or to
engage  in  a  business  combination. No commitments to provide additional funds
have been made by management or other shareholders. Accordingly, there can be no
assurance that any additional funds will be available on terms acceptable to FAR
Group  or  at  all.  FAR  Group  has  no  commitments  for capital expenditures.

In  addition,  FAR  Group may engage in a combination with another business. FAR
Group has engaged in discussions concerning potential business combinations, but
has  not  entered  into  any  agreement  for  such  a  combination.

The  Company's  Board  of  Directors approved a six for one forward split with a
record  date  of August 31, 2001. A total of 15,600,000 common shares are issued
and  outstanding  as  at  that  date.


                                      F-7
<PAGE>
FAR  Group's  failure  to  generate  revenues  and  conduct operations since its
inception  raise  substantial  doubt  about FAR Group's ability to continue as a
going concern. FAR Group will require substantial working capital, and currently
has  inadequate  capital  to fund its business. FAR Group may be unable to raise
the  funds  necessary  for  implementing its business plan, which could severely
limit  its  operations  and  cause  its  stock  to  be  worthless.


                                      F-8
<PAGE>
PART II - OTHER INFORMATION

Item  1.  Legal  Proceedings.

          None;  not  applicable.

Item  2.  Changes  in  Securities.

          None;  not  applicable.

Item  3.  Defaults  Upon  Senior  Securities.

          None;  not  applicable.

Item  4.  Submission  of  Matters  to  a  Vote  of  Security  Holders.

          None;  not  applicable.

Item  5.  Other  Information.

          None;  not  applicable.

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

          None.


          DOCUMENTS  INCORPORATED  BY  REFERENCE

          None.


                                      F-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.


                                          FAR  GROUP  INC.

Date:  December 4, 2001                   By:  /s/  Frank  Roberts
                                               -------------------------
                                               Frank Roberts, President,
                                               Secretary, Treasurer and
                                               Director

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
this  Report  has  been  signed  below by the following persons on behalf of the
Company  and  in  the  capacities  and  on  the  dates  indicated:


Date:  December 4, 2001                   By:  /s/  Frank  Roberts
                                               -------------------------
                                               Frank Roberts, President,
                                               Secretary, Treasurer and
                                               Director


                                      F-10
<PAGE>