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        March  31, 2002
                               ------------------------------

( )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 last
                                    report.)

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 March 31, 2002
                ---------                    --------------------------------
           Common  Stock, $0.001                         802,000




<PAGE>



                                      INDEX

                                                                          Page
                                                                          Number
PART I.

     ITEM 1.  Financial Statements (unaudited)..............................3

              Balance Sheets................................................4
                 March 31, 2002 and December 31, 2001

              Statements of Operations
                 For the three   months ended March  31, 2002 and 2001 .....5
                 and the period June 16, 1977 to March 31, 2002

              Statements of Cash Flows
                  For the three months ended March 31, 2002 and 2001 .......6
                  and the period June 16, 1977  to March 31, 2002

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

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

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




<PAGE>



                         PART I - FINANCIAL INFORMATION

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

                          ITEM 1. FINANCIAL STATEMENTS

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



The accompanying balance sheets of Turinco, Inc. ( development stage company) at
March 31, 2002 and December 31 2001,  and the related  statements of operations,
and  statements  cash flows,  for the three months ended March 31, 2002 and 2001
and the  period  June 16,  1977 to March 31,  2002,  have been  prepared  by the
Company's management in conformity with accounting principles generally accepted
in the United States of America.  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 March 31,  2002,  are not  necessarily
indicative of the results that can be expected for the year ending  December 31,
2002.


















                                       3
<PAGE>
<TABLE>
<CAPTION>



                                  TURINCO, INC.
                          ( Development Stage Company)
                                 BALANCE SHEETS
                      March 31, 2002, and December 31, 2001

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



                                                               Mar 31,     Dec 31,
                                                                2002        2001
                                                              --------    --------
<S>                                                           <C>         <C>
ASSETS
CURRENT ASSETS

   Cash                                                       $   --      $   --
                                                              --------    --------

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



LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES

   Accounts payable                                           $   --      $   --
                                                              --------    --------

       Total Current Liabilities                                  --          --
                                                              --------    --------


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                               84,848      83,214

    Deficit accumulated during the development stage           (85,650)    (84,016)
                                                              --------    --------

       Total Stockholders' Equity (deficiency)                    --          --
                                                              --------    --------


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

</TABLE>



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

                                       4
<PAGE>



                            TURINCO, INC.
                    ( Development Stage Company)
                      STATEMENTS OF OPERATIONS
     For the Three Months Ended March 31, 2002, and 2001 and the
     Period June 16, 1977 (Date of Inception) to March 31, 2002

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



                           Mar 31,        Mar 31,   Jun 16, 1977 to
                           2002            2001      Mar  31, 2002
                         ---------      ---------    -------------

REVENUES                 $    --        $    --        $    --

EXPENSES                     1,634            409         85,650
                         ---------      ---------      ---------

NET LOSS                 $  (1,634)     $    (409)     $ (85,650)
                         =========      =========      =========




NET LOSS PER COMMON
   SHARE

   Basic                 $    --        $    --
                         ---------      ---------



AVERAGE  OUTSTANDING
    SHARES

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

















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

                                 5
<PAGE>
<TABLE>
<CAPTION>


                                        TURINCO, INC.
                                 ( Development Stage Company)
                                   STATEMENTS OF CASH FLOWS
                 For the Three Months Ended March 31, 2002, and 2001 and the
                  Period June 16, 1977 (Date of Inception) to March 31, 2002

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


                                                                                Jun 16, 1977
                                                      Mar 31,       Mar 31,      to Mar 31,
                                                       2002          2001          2002
                                                     --------      --------      --------
<S>                                                  <C>           <C>          <C>
CASH FLOWS FROM
   OPERATING ACTIVITIES

   Net loss                                          $ (1,634)     $   (409)     $(85,650)


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

          Contributions to capital - expenses           1,634           409         8,650
          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 parties - 1999-2000              2,733
                                                                                 --------
     Issuance of 150,000 common shares for expenses - related parties - 1999        7,500
                                                                                 --------
     Contributions to capital - expenses - related parties - 2001-2002              8,650
                                                                                 --------

         The accompanying notes are an integral part of these financial statements.
</TABLE>

                                              6
<PAGE>


                                  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 March 31,  2002,  the  Company  had a net  operating  loss  carry  forward of
$85,650.  The tax benefit of  approximately  $25,695 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 2023.


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

Basic net income  (loss) per share  amounts are  computed  based on the weighted
average number of shares actually outstanding after the stock split.


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

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






                                       7
<PAGE>


                                  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.  SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

Officers-directors  have  acquired  21% of the  outstanding  common stock of the
Company and have made contributions to capital by payment of Company expenses of
$11,383.

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
and to service its debt.

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, long term debt, and contributions to capital by officers,  which
will enable the Company to conduct operations for the coming year.





                                       8
<PAGE>


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

                           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
May 9, 2002






                                       9