U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB
                            SEC File No: 33-14982-LA

[X]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2001

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO ___________


                          TROY ACQUISITION CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


  California                                                   33-0899651
--------------------------------------------------------------------------------
(State or other                   (Commission                 (IRS Employer
jurisdiction of                  File Number)              Identification No.)
incorporation)


 19900 MacArthur Boulevard, Suite 660, Irvine, California          92612
--------------------------------------------------------------------------------
    (Address of principal executive offices)                    (Zip Code)


Company's telephone number, including area code:      (949) 851-9800




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 such  shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days.

                               [ X ] Yes        [   ] No



                                       1
<PAGE>


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

     5,000,000 Shares as of the date of this report.

Transitional Small Business Disclosure Format (check one):  [  ] Yes  [ X ] No



                                        2

<PAGE>

                         TROY ACQUISITION CORPORATION

                Form 10-QSB for the Quarter ended March 31, 2001
<TABLE>
<CAPTION>

                                Table of Contents

                                                                                                                Page
                                                                                                                ----


<S>                                                                                                               <C>
PART 1 - ITEM 2...................................................................................................8
     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
         AND RESULTS OF OPERATIONS FOR FIGHTON SUCCESSION CORPORATION.............................................8
     CAUTION REGARDING FORWARD-LOOKING INFORMATION................................................................8
     OVERVIEW OF THE COMPANY......................................................................................8

PART II - OTHER INFORMATION.......................................................................................9
     ITEM 1 - LEGAL PROCEEDINGS...................................................................................9
     ITEM 2 - CHANGES IN SECURITY................................................................................10
     ITEM 3 - DEFAULTS ON SENIOR SECURITIES......................................................................10
     ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS................................................10
     ITEM 5 - OTHER INFORMATION..................................................................................10
     ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K...................................................................10

         SIGNATURE...............................................................................................11

</TABLE>
                                       3
<PAGE>




PART 1 - FINANCIAL INFORMATION

<TABLE>
<CAPTION>

                          TROY ACQUISITION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET


                                     ASSETS
                                     ------

                                                           March 31, 2001     December 31, 2000
                                                             (Unaudited)

<S>                                                            <C>                <C>
         TOTAL ASSETS                                          $  --              $  --
                                                                ------             ------

                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------

         LIABILITIES                                           $  --              $  --

         STOCKHOLDERS' EQUITY
                  Common Stock, no par value,
                    50,000,000 shares authorized,
                    5,000,000 issued and outstanding             2,000              2,000
                  Additional paid-in capital                       358                358
                  Deficit accumulated during                    (2,358)            (2,358)
                                                                ------             ------
                    development stage
                  Total Stockholders' Equity                      --                 --
                                                                ------             ------
                  TOTAL LIABILITIES AND
                     STOCKHOLDERS' EQUITY                      $  --              $  --
                                                                ------             ------
</TABLE>
                The accompanying notes to financial statements.

                                        4


<PAGE>





<TABLE>
<CAPTION>

                           TROY ACQUISITON CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS



                                                                        For the Period from       For the Period from
                                                  For the Three          February 17, 2000         February 17, 2000
                                                   Months Ended         (inception) to March        (inception) to
                                                  March 31, 2001              31, 2000              March 31, 2001
                                                   (Unaudited)              (Unaudited)               (Unaudited)
<S>                                             <C>                       <C>                        <C>
Income                                          $      --                 $      --                  $      --
Expenses
 Professional fees                                     --                         750                $     2,000
 Organization expenses                                 --                         358                        358

Total expenses                                         --                       2,608                      2,358
NET LOSS                                               --                 $    (2,608)               $    (2,358)
LOSS PER SHARE - BASIC AND
DILUTED                                         $      --                 $      --                  $      --
WEIGHTED AVERAGE SHARES -
BASIC AND DILUTED                                 5,000,000                 5,000,000                  5,000,000
                                                ===========               ===========                ===========
</TABLE>

                 The accompanying notes to financial statements.


                                        5


<PAGE>



<TABLE>
<CAPTION>

                          TROY ACQUISITION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
           STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY FOR THE PERIOD
              FROM FEBRUARY 17, 2000 (INCEPTION) TO MARCH 31, 2001


                                                                                      DEFICIT
                                                                                    ACCUMULATED
                                         COMMON STOCK             ADDITIONAL           DURING
                                            ISSUED                 PAID-IN          DEVELOPMENT
                                     SHARES       AMOUNT           CAPITAL             STAGE       TOTAL
                                   ---------   ---------          ---------          ---------    ---------
<S>                                <C>         <C>                <C>                <C>          <C>
Common Stock Issuance              5,000,000   $   2,000          $    --            $    --      $   2,000

Fair value of contributed
     services                           --          --                  358               --            358


Net loss for the period
     ended
     December 31, 2000                  --          --                 --               (2,358)      (2,358)
                                   ---------   ---------          ---------          ---------    ---------
     Balance as of
       December 31, 2000           5,000,000       2,000                358             (2,358)        --
                                   ---------   ---------          ---------          ---------    ---------
BALANCE
March 31, 2001:                   11,000,000   $   2,000          $     358          $  (2,358)   $    --
                                   =========   =========          =========          =========    =========
</TABLE>

                 The accompanying notes to financial statements.

                                        6
<PAGE>

<TABLE>
<CAPTION>

                          TROY ACQUISITION CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS


                                                                        For the Period from       For the Period from
                                                  For the Three          February 17, 2000         February 17, 2000
                                                   Months Ended         (inception) to March        (inception) to
                                                  March 31, 2001              31, 2000              March 31, 2001
                                                   (Unaudited)              (Unaudited)               (Unaudited)
CASH FLOWS FROM OPERATING
ACTIVITIES
<S>                                                    <C>                  <C>                          <C>
Net Loss                                               $--                  $(2,608)                     $(2,358)
  Adjustment to reconcile net loss to net
  cash used by operating activities
  Increase in accounts payable                          --                      750                         --
  Contributed Services                                  --                      358                          358

  Net cash used by operating activities                 --                    1,500                      $(2,000)
                                                      -------               -------                      -------

CASH FLOWS FROM INVESTING                               --                     --                           --
ACTIVITIES                                            -------               -------                      -------
CASH FLOWS FROM FINANCING
ACTIVITIES:
Proceeds from issuance of common stock                  --                    2,000                        2,000
                                                      -------               -------                      -------
Net cash provided by financing activities               --                    2,000                        2,000
                                                      -------               -------                      -------
INCREASE IN CASH AND CASH
EQUIVALENTS                                             --                      500                         --
                                                      -------               -------                      -------
CASH AND CASH EQUIVALENTS -
BEGINNING OF PERIOD                                     --                     --                           --
CASH AND CASH EQUIVALENTS -
END OF PERIOD                                          $--                  $   500                      $  --
                                                      -------               -------                      -------

</TABLE>
                 The accompanying notes to financial statements.


                                       7
<PAGE>
PART 1 - ITEM 2

MANAGEMENT'S  DISCUSSION  AND  ANALYSIS OF  FINANCIAL  CONDITION  AND RESULTS OF
OPERATIONS FOR TROY ACQUISITION CORPORATION.

         The following  discussion of the  financial  conditions  and results of
operations  of the  Company  should be read in  conjunction  with the  financial
statements, including notes thereto, for the Company.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

         This quarterly report contains certain  forward-looking  statements and
information relating to the Company that are based on the beliefs of the Company
or management as well as assumptions made by and information currently available
to  the  Company  or  management.   When  used  in  this  document,   the  words
"anticipate,"   "believe,"   "estimate,"   "expect"  and  "intend"  and  similar
expressions,  as they relate to the Company or its  management,  are intended to
identify forward- looking  statements.  Such statements reflect the current view
of the  Company  regarding  future  events and are  subject  to  certain  risks,
uncertainties  and  assumptions,  including  the risks or  uncertainties  noted.
Should  one or more of  these  risks or  uncertainties  materialize,  or  should
underlying  assumption prove incorrect,  actual results may vary materially from
those  described  herein  as  anticipated,   believed,  estimated,  expected  or
intended. In each instance,  forward-looking information should be considered in
light of the accompanying meaningful cautionary statements herein.

OVERVIEW OF THE COMPANY
-----------------------

         Troy Acquisition Corporation (the "Company") was incorporated under the
laws of the State of California on February 17, 2000.  The Company was formed to
engage in any  lawful  corporate  undertaking,  including,  without  limitation,
mergers  and  acquisitions,  which meet the  Company's  selected  criteria.  The
Company  has  been  in  the  developmental  stage  since  inception  and  has no
operations to date other than issuing shares to its original shareholder.

Results of Operations

         As of the date of this Annual Report, the Company is in the development
stage  and is not  engaged  in any  activities.  Accordingly,  the  accompanying
consolidated  statements  of  operations  should not be  regarded as typical for
normal periods of operation.  The Company's development stage status,  recurring
net losses and  capital  deficit  raise  substantial  doubt about its ability to
continue  as a going  concern.  Additional  financing  or  restructuring  of its
liabilities  will  be  required  in  order  for  the  Company  to  complete  its
development stage activities. Management believes that it will be able to obtain
such financing from new investors, and restructure its liabilities.
                                       8
<PAGE>

         The Company had no  operations  or revenues,  or assets or  significant
liabilities since its incorporation in February 2000.

Quarter Ended March 31, 2001

         Revenues.  The Company had no revenues during this period.

         Cost of Sales.  The Company had no cost of sales for the quarter  ended
March 31, 2001, and no sales occurred during this period.

         Gross Profit.  The Company had no gross profit.

         Operating   Expenses.   The  Company  had  minimal  operating  expenses
primarily  related to its reporting  requirements in the quarter ended March 31,
2001. These expenses were paid by the Company's majority shareholder.

         Other Income (Expense).  The Company had no other income or significant
expenses. Liquidity and Capital Resources

         Cash and cash  equivalents  and net working capital  (deficit)  totaled
$2,000 and ($2,358),  respectively,  as of December 31, 2000. The only source of
cash has been net proceeds  generated from initial  capitalization.  The Company
has relied upon its  majority  shareholder  to cover its  expenses  and fund its
operations during the periods discussed.

         The  Company  believes  that its  majority  shareholder  will  fund its
operations  for the next 12  months.  To the extent  the  Company  uses its cash
resources for its operations,  the Company will be required to obtain additional
funds, if available,  through borrowings or equity  financings.  There can be no
assurance  that such  capital  will be available  on  acceptable  terms.  If the
Company  is  unable to obtain  sufficient  financing,  it may be unable to fully
implement its growth strategy.

         The Company believes that existing cash and cash equivalents, cash flow
from operations will be sufficient to meet the Company's  presently  anticipated
working capital needs for the next 3 months.  To the extent the Company uses its
cash  resources  for its  operations,  the  Company  will be  required to obtain
additional funds, if available,  through borrowings or equity financings.  There
can be no assurance that such capital will be available on acceptable  terms. If
the Company is unable to obtain sufficient financing,  it may be unable to fully
implement its growth strategy.

Material Changes in Operations

         The Company has not had any material  changes in  operations  since its
formation or the date of its Form 10 SB Registration Statement.

Year 2000 Compliance

         The Company has not experienced any Year 2000 complications.


PART II - OTHER INFORMATION

         ITEM 1 - LEGAL PROCEEDINGS
                                       9
<PAGE>

         None.

         ITEM 2 - CHANGES IN SECURITY

         None.

         ITEM 3 - DEFAULTS ON SENIOR SECURITIES

         None.

         ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         None.

         ITEM 5 - OTHER INFORMATION

         None

         ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K

         None
                                       10
<PAGE>


                                   SIGNATURES
                                   ----------

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


May 11, 2001            TROY ACQUISITION CORPORATION



                        By: /s/ Tim T. Chang
                           -----------------------------
                                Tim T. Chang, President

                                       11

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