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 quarterly period ended        June  30, 2001
                               -----------------------------------

( )TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE
   ACT OF 1934

For the transition period from              to
                               ------------    -------------

Commission File number      000-30695
                       ------------------

                                  TURINCO, INC.
             -------------------------------------------------------
               (Exact name of registrant as specified in charter)


             Nevada                                               87-0618509
-------------------------------                                --------------
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

1981 East Murray Holiday Rd,  Salt Lake City, Utah                  84117
---------------------------------------------------           ----------------
(Address of principal executive offices)                          (Zip Code)


                                  801-272-9294
                               -------------------
               Registrant's telephone number, including area code



                           --------------------------
             (Former name, former address, and former fiscal year,
                         if changed since lastreport.)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), Yes [x ] No [ ] and (2) has been subject to such
filing requirements for the past 90 days. Yes [x ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the last practicable date

          Class                                  Outstanding as of June 30, 2001
        ---------                                -------------------------------
  Common  Stock, $0.001                                       802,000





                                       -1-

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                                             INDEX

                                                                                   Page
                                                                                   Number
PART I.
<S>       <C>                                                                     <C>
          ITEM 1. Financial Statements (unaudited)...................................3

                  Balance Sheets.....................................................4
                     June 30, 2001 and December 31, 2000

                  Statements of Operations
                     For the three and six  months ended June  30, 2001 and 2000.....5
                          and the period June 16, 1977 to June 30, 2001

                  Statements of Cash Flows
                     For the six months ended June 30, 2001 and 2000.................6
                         and the period June 16, 1977  to June 30, 2001

                  Notes to Financial Statements......................................7

          ITEM 2. Plan of Operations.................................................9

PART II.          Signatures.........................................................9



                                       -2-
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                         PART I - FINANCIAL INFORMATION

--------------------------------------------------------------------------------

                          ITEM 1. FINANCIAL STATEMENTS

--------------------------------------------------------------------------------



The accompanying balance sheets of Turinco, Inc. ( development stage company) at
June 30, 2001 and December 31 2000, and the related statements of operations for
the three and six months  ended June 30,  2001 and 2000 and the period  June 16,
1977 to June 30, 2001, the statement of cash flows for the six months ended June
30,  2001 and 2000,  and the period June 16,  1977 to June 30,  2001,  have been
prepared by the Company's management and they do not include all information and
notes to the financial statements  necessary for a complete  presentation of the
financial position, results of operations,  cash flows, and stockholders' equity
in conformity with generally accepted accounting  principles.  In the opinion of
management,  all adjustments considered necessary for a fair presentation of the
results of  operations  and  financial  position have been included and all such
adjustments are of a normal recurring nature.

Operating  results  for the quarter  ended June 30,  2001,  are not  necessarily
indicative of the results that can be expected for the year ending  December 31,
2001.






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                                  TURINCO, INC.
                          ( Development Stage Company)
                                 BALANCE SHEETS
                      June 30, 2001, and December 31, 2000

-----------------------------------------------------------------------------------



                                                               Jun 30,     Dec 31,
                                                                2001        2000
                                                              --------    --------
<S>                                                           <C>         <C>
ASSETS

CURRENT ASSETS

   Cash ...................................................   $   --      $   --
                                                              --------    --------

       Total Current Assets ...............................   $   --      $   --
                                                              ========    ========



LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

   Accounts payable .......................................   $   --      $  1,400
                                                              --------    --------

       Total Current Liabilities ..........................       --         1,400
                                                              --------    --------


STOCKHOLDERS' EQUITY

   Common stock
        100,000,000 shares authorized, at $0.001 par value;
        802,000 shares issued and outstanding .............        802         802

    Capital in excess of par value ........................     81,988      79,559

    Deficit accumulated during the development stage ......    (82,790)    (81,761)
                                                              --------    --------

       Total Stockholders' Equity (deficiency) ............       --        (1,400)
                                                              --------    --------


                                                              $   --      $    --
                                                              ========    ========

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

                                       -4-
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                                     TURINCO, INC.
                             ( Development Stage Company)
                               STATEMENTS OF OPERATIONS
              For the Three and Six Months Ended June 30, 2001, and 2000
           and the Period June 16, 1977 (Date of Inception) to June 30, 2001

-----------------------------------------------------------------------------------------


                             Three Months              Six Months
                       ----------------------   ----------------------
                        Jun 30,       Jun 30,    Jun 30,      Jun 30,      Jun 16, 1977 to
                         2001          2000       2001         2000         Jun  30, 2001
                       ---------    ---------   ---------    ---------     ---------------
<S>                    <C>          <C>         <C>          <C>           <C>
REVENUES ...........   $    --      $    --     $    --      $    --         $    --

EXPENSES ...........         620         --         1,029        1,200          82,790
                       ---------    ---------   ---------    ---------       ---------

NET LOSS ...........   $    (620)   $    --     $  (1,029)   $  (1,200)      $ (82,790)
                       ---------    =========   =========    =========       =========




NET LOSS PER COMMON
   SHARE

   Basic ...........   $    --      $    --     $    --      $    --
                       ---------   ---------    ---------     ---------



AVERAGE  OUTSTANDING
    SHARES

     Basic .........     802,000      802,000     802,000      802,000
                       ---------    ---------   ---------    ---------

















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

                                       -5-
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                                              TURINCO, INC.
                                      ( Development Stage Company)
                                         STATEMENT OF CASH FLOWS
                            For the Six Months Ended June 30, 2001, and 2000
                    and the Period June 16, 1977 (Date of Inception) to June 30, 2001

-------------------------------------------------------------------------------------------------------


                                                                                           Jun 16, 1977
                                                                Jun 30,      Jun 30,         to Jun 30,
                                                                  2001        2000              2001
                                                                --------    --------          --------
<S>                                                            <C>          <C>             <C>
CASH FLOWS FROM
   OPERATING ACTIVITIES

   Net loss .................................................   $ (1,029)   $ (1,200)         $(82,790)


       Adjustments to reconcile net loss to
       net cash provided by operating activities

           Changes in accounts payable ......................     (1,400)      1,200              --
           Contributions to capital - expenses ..............      2,429        --               5,790
           Issuance of common stock for services ............       --          --              19,500


           Net Cash Used in Operations ......................       --          --             (57,500)
                                                                --------    --------          --------

CASH FLOWS FROM INVESTING
   ACTIVITIES
                                                                    --          --                --
                                                                --------    --------          --------

CASH FLOWS FROM FINANCING
   ACTIVITIES

   Proceeds from issuance of common stock ...................       --          --              57,500
                                                                --------    --------          --------

   Net Increase (Decrease) in Cash ..........................       --          --                --

   Cash at Beginning of Period ..............................       --          --                --
                                                                --------    --------          --------

   Cash at End of Period ....................................   $   --      $   --            $   --
                                                                ========    ========          ========


NON CASH FLOWS FROM OPERATING ACTIVITIES
     Issuance of  96,000 common shares for services - related parties - 1981 .....$ 12,000
                                                                                  --------
     Contributions to capital - expenses - related party - 1999-2000 .............   2,733
                                                                                  --------
     Issuance of 150,000 common shares for expenses - related parties - 1999 ....    7,500
                                                                                  --------
     Contributions to capital - expenses - related party - 2000-2001 ............    5,790
                                                                                  --------

   The accompanying notes are an integral part of these financial statements


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                                  TURINCO, INC.
                          ( Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS

--------------------------------------------------------------------------------


1.     ORGANIZATION

The Company was  incorporated  under the laws of the State of Nevada on June 16,
1977 with authorized  common stock of 2,500 shares with a par value of $0.25. On
October 16, 1998 the  authorized  capital  stock was  increased  to  100,000,000
shares with a par value of $0.001.  On October 16, 1998 the Company  completed a
forward  common stock split of eight  shares for each  outstanding  share.  This
report has been  prepared  showing  after stock split shares with a par value of
$.001 from inception.

The Company is in the development  stage and has been engaged in the activity of
seeking developmental mining properties however it became inactive after 1982.

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Methods
------------------

The  Company  recognizes  income and  expenses  based on the  accrual  method of
accounting.

Dividend Policy
---------------

The Company has not yet adopted a policy regarding payment of dividends.

Income Taxes
------------

On June 30, 2001, the Company had a net operating loss carry forward of $82,790.
The tax benefit of $24,837 from the loss carry  forward has been fully offset by
a valuation  reserve because the use of the future tax benefit is undeterminable
since the Company has no operations. The net operating loss will expire in 2022.

Basic and Diluted Net Income (Loss) Per Share
---------------------------------------------

Basic net income  (loss) per share  amounts are  computed  based on the weighted
average  number of shares  actually  outstanding.  Diluted net income (loss) per
share amounts are computed  using the weighted  average  number of common shares
and common  equivalent  shares  outstanding  as if shares had been issued on the
exercise of the preferred share rights unless the exercise becomes  antidilutive
and then only the basic per share amounts are shown in the report.

Financial Instruments
---------------------

The carrying amounts of financial  instruments,  including  accounts payable are
considered by management to be their estimated fair values.


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                                  TURINCO, INC.
                          ( Development Stage Company)
                    NOTES TO FINANCIAL STATEMENTS (Continued)

--------------------------------------------------------------------------------


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Estimates and Assumptions
-------------------------

Management uses estimates and assumptions in preparing  financial  statements in
accordance with generally accepted  accounting  principles.  Those estimates and
assumptions  affect the  reported  amounts of the  assets and  liabilities,  the
disclosure of contingent  assets and liabilities,  and the reported revenues and
expenses.  Actual  results  could vary from the  estimates  that were assumed in
preparing these financial statements.

Comprehensive Income
--------------------

The Company  adopted  Statement of Financial  Accounting  Standards No. 130. The
adoption of this standard had no impact on the total stockholder's equity.

Recent Accounting Pronouncements
--------------------------------

The  Company  does not  expect  that the  adoption  of other  recent  accounting
pronouncements will have a material impact on its financial statements.

3.  RELATED PARTY TRANSACTIONS

Related  parties  have  acquired  21% of the  outstanding  common  shares of the
Company.

4.  GOING CONCERN

The  Company  intends to acquire  interests  in various  business  opportunities
which,  in the  opinion of  management,  will  provide a profit to the  Company,
however there is insufficient working capital for any future planned activity.

Continuation  of the  Company as a going  concern is  dependent  upon  obtaining
additional  working  capital and the  management  of the Company has developed a
strategy,  which it believes will accomplish this objective  through  additional
equity  funding  and long term debt  which will  enable  the  Company to conduct
operations for the coming year.



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--------------------------------------------------------------------------------

                           ITEM 2. PLAN OF OPERATIONS

--------------------------------------------------------------------------------


The Company's  management is seeking and intends to acquire interests in various
business  opportunities  which,  in the opinion of  management,  will  provide a
profit to the Company but it does not have the working  capital to be successful
in this effort.

Continuation  of the Company as a going concern is dependent  upon obtaining the
working  capital  necessary  for its planned  activity.  The  management  of the
Company  has  developed  a  strategy,  which they  believe can obtain the needed
working capital through  additional equity funding and long term debt which will
enable the Company to continue operations for the coming year.

Liquidity and Capital Resources
-------------------------------

The  Company  will need  additional  working  capital  to  finance  its  planned
activity.

Results of Operations
---------------------

The Company has had no operations during this reporting period.


                               PART 2 - SIGNATURES



--------------------------------------------------------------------------------

                                   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 there unto duly authorized.


                                                  Turinco, Inc.
                                                  [Registrant]

                                                  /s/ David Colette
                                                  ------------------------------
                                                  David Colette - President

                                                  /s/ Stefani Shaner
                                                  ------------------------------
                                                  Stefani Shaner - Treasurer
August 8, 2001




                                       -9-