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, 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 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, 2001
     ---------                               -----------------------------------
Common  Stock, $0.001                                     802,000

<PAGE>
<TABLE>
<CAPTION>




                                           INDEX


                                                                                           Page
                                                                                          Number
                                                                                          ------
<S>                   <C>                                                                <C>
PART I.

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

                      Balance Sheets........................................................4
                         March 31, 2001 and December 31, 2000

                      Statements of Operations
                         For the three   months ended March  31, 2001 and 2000..............5
                              and the period June 16, 1977 to March 31, 2001

                      Statements of Cash Flows
                          For the three months ended March 31, 2001 and 2000................6
                               and the period June 16, 1977  to March 31, 2001
                      Notes to Financial Statements.........................................7

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

PART II.              Signatures............................................................9
</TABLE>




<PAGE>



                         PART I - FINANCIAL INFORMATION

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

                          ITEM 1. FINANCIAL STATEMENTS

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



The accompanying balance sheets of Turinco, Inc. ( development stage company) at
March 31, 2001 and December 31 2000,  and the related  statements  of operations
for the three  months ended March 31, 2001 and 2000 and the period June 16, 1977
to March 31, 2001,  the statement of cash flows for the three months ended March
31, 2001 and 2000,  and the period June 16,  1977 to March 31,  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 March 31,  2001,  are not  necessarily
indicative of the results that can be expected for the year ending  December 31,
2001.





                                       3
<PAGE>



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

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



                                                              Mar 31,    Dec 31,
                                                                2001      2000
                                                             --------  --------
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                              81,368    79,559

    Deficit accumulated during the development stage          (82,170)  (81,761)
                                                             --------  --------

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


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




   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, 2001, and 2000
       and the Period June 16, 1977 (Date of Inception) to March 31, 2001

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


                        Mar 31,      Mar 31,         Jun 16, 1977 to
                         2001         2000            Mar  31, 2001
                       ---------    ---------         -------------

REVENUES               $    --      $    --             $    --

EXPENSES                     409        1,200              82,170
                       ---------    ---------           ---------

NET LOSS               $    (409)   $  (1,200)          $ (82,170)
                       =========    =========           =========




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)
                                            STATEMENT OF CASH FLOWS
                              For the Three Months Ended March 31, 2001, and 2000
                      and the Period June 16, 1977 (Date of Inception) to March 31, 2001

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


                                                                                                         Jun 16, 1977
                                                                                Mar 31,     Mar 31,        to Mar 31,
                                                                                 2001        2000            2001
                                                                               --------    --------        --------

<S>                                                                            <C>         <C>            <C>
CASH FLOWS FROM
   OPERATING ACTIVITIES

   Net loss                                                                    $   (409)   $ (1,200)       $(82,170)


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

           Changes in accounts payable                                           (1,400)      1,200            --
             Contributions to capital - expenses                                  1,809        --
                                                                                                              5,170
             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                                                                                 5,170
                                                                                                           --------

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

                                       6

</TABLE>

<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,  2001,  the  Company  had a net  operating  loss  carry  forward of
$17,670.  The tax benefit of $5,301  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.



                                       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.  RELATED PARTY TRANSACTIONS

The statement of changes in stockholder's  equity shows 802,000 shares of common
stock outstanding of which 170,000 shares were issued to related parties.

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.







                                       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 8, 2001




                                       9