SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

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

    For the Quarterly Period Ended: March 31, 2002

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

    For the Transaction Period From ____________ to ___________


                        Commission file number 000 30585


                              CREATIVE VISTAS, INC.
        (Exact name of small business issuer as specified in its charter)


            Arizona                                             86-0464104
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                              Identification No.)


           4909 EAST MCDOWELL ROAD, SUITE 100, PHOENIX, ARIZONA 85008-4293
                    (Address of principal executive offices)


                                 (602) 225-0504
                           (Issuer's telephone number)

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 registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days.
Yes [X] No [ ]

As of May 6, 2002, there were 1,000,000 shares of common stock, no par value per
share, outstanding.

   Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]
<PAGE>
PART I. FINANCIAL INFORMATION.

     Item 1. Financial Statements

        Balance Sheets as of March 31, 2002 (Unaudited) and
        September 30,2001 .................................................... 3

        Statements of Operations for the three months and six months ended
        March 31, 2002 and 2001 (Unaudited)................................... 4

        Statements of Shareholders' Equity for the six months ended
        March 31, 2002 (Unaudited)............................................ 5

        Statements of Cash Flows for the six months ended
        March 31, 2002 and 2001 (Unaudited)................................... 6

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

     Item 2. Plan of Operation ............................................... 8

PART II. OTHER INFORMATION

     Item 1. Legal Proceedings ..............................................  9

     Item 2. Changes in Securities and Use of Proceeds ......................  9

     Item 3. Defaults Upon Senior Securities ................................  9

     Item 4. Submission of Matters to a Vote of Security Holders ............  9

     Item 5. Other Information ..............................................  9

     Item 6. Exhibits and Reports on Form 8-K ...............................  9

SIGNATURES .................................................................. 10

                                       2
<PAGE>
                                     PART I

ITEM 1. FINANCIAL STATEMENTS

                              CREATIVE VISTAS, INC.

                                 BALANCE SHEETS

                                           March 31, 2002     September 30, 2001
                                           --------------     ------------------
                                             (Unaudited)
Assets

Current Assets
 Cash and Cash Equivalents                    $    795          $     1,091
                                              --------             --------

     Total Assets                             $    795             $  1,091
                                              ========             ========
Liabilities and Shareholders' Equity

Current Liabilities
 Accounts Payable                             $    698             $     --
 Accrued Expenses                                3,000                   --
 Notes Payable- Related Entities                51,100               14,900
                                              --------             --------

     Total Liabilities                        $ 54,798             $ 14,900
                                              --------             --------
Shareholders' Equity
 Preferred stock, no pr value; 50,000,000
  shares authorized, 0 shares issued and
  outstanding                                       --                   --
 Common stock, no par value; 100,000,000
  shares authorized, 1,000,000 issued and
  outstanding                                 $  7,553             $  7,553
 Accumulated deficit                           (61,556)             (21,362)
                                              --------             --------


                                               (54,003)             (13,809)
                                              --------             --------
     Total Liabilities and Shareholders'
      Equity                                  $    795             $  1,091
                                              ========             ========

                                       3
<PAGE>
                              CREATIVE VISTAS, INC.

                            STATEMENTS OF OPERATIONS
           For the Three and Six Months Ended March 31, 2002 and 2001


<TABLE>
<CAPTION>
                                             Three Months Ended                Six Months Ended
                                                 March 31,                         March 31,
                                                (UNAUDITED)                      (UNAUDITED)
                                      ----------------------------      ----------------------------

                                          2002             2001             2002             2001
                                      -----------      -----------      -----------      -----------
<S>                                   <C>              <C>              <C>              <C>
Revenue                               $        --      $        --      $        --      $        --

Expenses
  Printing                                    340               --              513               --
  Postage                                     152               --              152
  Legal                                     8,062               --           30,563
  Accounting                                2,298              205            5,526            3,290
  Fees                                        189              454              308              644
  Administrative                            3,000               --            3,000               --
  Miscellaneous                                62               16              132               77
                                      -----------      -----------      -----------      -----------

       Total Expense                       14,103              675           40,194            4,011
                                      -----------      -----------      -----------      -----------

Net Loss                              $   (14,103)     $      (675)     $   (40,194)     $    (4,011)
                                      ===========      ===========      ===========      ===========

Basic Loss per common share           $     (0.01)     $     (0.00)     $     (0.04)     $     (0.00)

Weighted average number of common
shares outstanding                      1,000,000        1,000,000        1,000,000        1,000,000
                                      ===========      ===========      ===========      ===========
</TABLE>
                                       4
<PAGE>
                              CREATIVE VISTAS, INC.

                        STATEMENT OF SHAREHOLDERS' EQUITY
                  For the Six Month Period Ended March 31, 2002
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                  Additional                    Total
                                                Common Stock       paid-in     Accumulated   Stockholders'
                                             Shares       Amount   capital       Deficit        Equity
                                             ------      ------    -------       -------        ------
<S>                                       <C>          <C>          <C>       <C>             <C>
Balance at September 30, 2001 (Audited)    1,000,000    $ 7,553      $ --      $ (21,362)      $ (13,809)

Net loss for the six month period ended
March 31, 2002 (Unaudited)                        --    $    --        --      $ (40,194)      $ (40,194)
                                           ---------    -------      ----      ---------       ---------

Balance at March 31, 2002 (Unaudited)      1,000,000    $ 7,553      $ --      $ (61,556)      $ (54,003)
                                           =========    =======      ====      =========       =========
</TABLE>
                                       5
<PAGE>
                              CREATIVE VISTAS, INC.

                            STATEMENTS OF CASH FLOWS

                                                           For the Six Months
                                                             Ended March 31,
                                                               (Unaudited)
                                                        -----------------------
                                                          2002           2001
                                                        --------       --------
Cash Flows from Operating Activities:
  Net Loss                                              $(40,194)      $ (4,011)

Changes in Assets and Liabilities:
  Increase (decrease) in accounts payable                    698         (1,075)

Increase in Accrued Expenses                               3,000             --
                                                        --------       --------
Net Cash Used in Operating Activities                    (36,496)        (5,086)

Cash Flows from Financing Activities:
  Notes from related entities                             36,200          5,000
                                                        --------       --------

       Net cash provided by financing activities          36,200          5,000
                                                        --------       --------

Net decrease in cash and cash equivalents                   (296)           (86)

Cash and cash equivalents at beginning of period           1,091            962
                                                        --------       --------

Cash and cash equivalents at end of period              $    795       $    876
                                                        ========       ========
Supplemental Information
  Income taxes paid                                     $     --       $     --
  Interest paid                                         $     --       $     --

                                       6
<PAGE>
                              CREATIVE VISTAS, INC.

                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 - History and organization of the Company

     The Company was  incorporated on July 18, 1983, under the laws of the State
of Arizona as Vista  Financial  Services,  Inc.  The Company was a  wholly-owned
subsidiary of Century Pacific Corporation ("Century Pacific").

     In 1993, the Company filed a petition for  reorganization  under Chapter 11
of the  United  States  Bankruptcy  Code (Case No.  B93-05704-PHX-GBN).  Century
Pacific also filed a petition for reorganization  under Chapter 11 of the United
States  Bankruptcy Code. The Bankruptcy  Court confirmed the Company's  modified
plan of reorganization  (the "Plan") on November 27, 1996. Pursuant to the Plan,
the Company's common stock previously owned by Century Pacific was exchanged for
two and one-half percent of the post-reorganization common stock of the Company.
An additional two and one-half percent of the  post-reorganization  common stock
of the Company was distributed  under the Century Pacific plan of reorganization
and the  remaining  ninety-five  percent  was  issued  in  satisfaction  of rent
obligations owing by the Company.

     On March 12, 1997, the Company  changed its name to Creative  Vistas,  Inc.
The Company currently has no operations.

NOTE 2 - Accounting Policies and Procedures

     The unaudited interim consolidated  financial statements have been prepared
in  accordance  with  generally  accepted  accounting   principles  for  interim
financial  information  and with the  instructions  in Item 310(b) of Regulation
S-B. Accordingly,  they do not include all of the information and notes required
by generally accepted accounting  principles for complete financial  statements.
In the  opinion  of  management,  all  adjustments  (consisting  only of  normal
recurring accruals) considered necessary for a fair presentation have been made.
Operating  results  for the  six-month  period  ended  March  31,  2002  are not
necessarily  indicative  of the results that may be expected for the year ending
September  30, 2002.  The balance  sheet at September  30, 2001 has been derived
from the audited financial  statements at that date, but does not include all of
the  information  and  footnotes  required  by  generally  accepted   accounting
principles for complete financial statements. For further information,  refer to
the Company's Financial  Statements for the fiscal year ended September 30, 2001
included in the Company's Form 10-KSB for such fiscal period.

     Loss per  share is  calculated  by  dividing  income  available  to  common
stockholders by the weighted average number of common shares outstanding.

     No dividends have been paid since inception.

NOTE 3 - Going Concern

     The  Company's  financial  statements  are  prepared  using  the  generally
accepted accounting principles applicable to a going concern, which contemplates
the realization of assets and liquidation of liabilities in the normal course of
business.  However, the Company had no operating activities last quarter and has
no current source of revenue.

     Without  realization  of additional  capital,  it would be unlikely for the
Company to  continue  as a going  concern.  The  Company  currently  has limited
expenses other than legal,  accounting and commissions.  It is management's plan
to seek additional  capital through further equity financings and necessary bank
loans.

                                       7
<PAGE>
NOTE 4 - Related Party Transactions

     The Company neither owns nor leases any real or personal  property.  Office
services are provided without charge by an affiliate of the Company.  Such costs
are  immaterial  to the  financial  statements  and  accordingly,  have not been
reflected  therein.  The officers  and  directors of the Company are involved in
other  business  activities  and may,  in the future,  become  involved in other
business  opportunities.  If a specific business  opportunity becomes available,
such  persons  may face a conflict  in  selecting  between the Company and their
other  business  interests.  The  Company  has not  formulated  a policy for the
resolution of such conflicts.

     During the quarter ended March 31, 2002 the Board of Directors approved the
issuance of 9,000,000 shares of no par value common stock,  valued at $0.006, to
two related parties,  Miller Capital Corporation (Miller) and Tudor Investments,
LTD Profit Sharing Plan (Tudor), in exchange for administrative services and the
repayment  of  $51,100  of  outstanding  debt owed by the  Company to Miller and
Tudor. The Company  anticipates  completing this exchange as soon as practicable
following  the  effectiveness  of the  written  consent  action to  approve  the
amendments. As of March 31, 2002, this exchange has not been completed.

ITEM 2. PLAN OF OPERATION

     The  Company  is  a  shell  corporation  and  intends  to  remain  a  shell
corporation until a business opportunity is identified.  As a shell corporation,
the Company's cash requirements will be minimal. The Company does not anticipate
that it will need to raise  capital in the next  twelve  months  (other than for
minimal  operating  expenses).  The  costs  and  expenses  associated  with  the
preparing  and filing of this  Quarterly  Report  have been paid,  and all other
necessary capital prior to locating a business opportunity shall be provided by,
present management with their personal funds or from related parties as loans to
the  Company.  The Company  anticipates  that it will repay these loans upon the
consummation of a business combination.

     The  Company  intends  to  acquire  assets or shares of an entity  actively
engaged in a business  that  generates  revenues in exchange  for the  Company's
securities. The Company has not identified a particular business opportunity and
has not entered into any negotiations regarding any business combination.  As of
the date of this Quarterly Report, none of the Company's officers,  directors or
affiliates  has  engaged  in  any  preliminary  contact  or  discussions  with a
representative  of any other  company  regarding the  possibility  of a business
combination between the Company and such business opportunity.

     The Company does not expect to acquire any plant or significant  equipment,
or to perform any product  research and  development  within the next year.  The
Company has no full time employees.  The Company does not expect any significant
changes in the number of  employees.  The current  officers of the Company  have
agreed to  allocate  a portion of their time to the  activities  of the  Company
without  compensation.  These officers  anticipate devoting whatever time may be
reasonably required to the business affairs of the Company.

     During  the  three  month  period   ended  March  31,  2002,   general  and
administrative expenses increased to $11,103 from $675 for the comparable period
ended March 31, 2001.  The increase was primarily  due to  accounting  and legal
fees  incurred for the period now that the Company is a full  reporting  company
with the Securities and Exchange Commission.

                                       8
<PAGE>
                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

     There are no legal proceedings  pending against the Company and the Company
is unaware of any such proceedings contemplated against it.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

     Not applicable.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

     Not applicable.

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

     Not applicable.

ITEM 5. OTHER INFORMATION

     Not applicable.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a) Exhibits

         2.1 Plan of Reorganization *
         2.2 Amended Order Confirming the Plan of Reorganization *
         3.1 Articles of Incorporation**
         3.2 By-Laws **

----------
*  previously filed with the Company's Form 10-KSB dated December 28, 2000.
** previously filed with the Company's Form 10-SB 12G dated May 10, 2000.

     (b) Reports on Form 8-K

     There were no reports  on Form 8-K filed by the  Company  during the fiscal
quarter ended March 31, 2002.

                                       9
<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.


                                          CREATIVE VISTAS, INC.


                                          By: /s/ Rudy R. Miller
                                              ----------------------------------
                                              Rudy R. Miller, President

Dated: May 13, 2002


                                       10