U.S. 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: June 30, 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.)


           4609 East Mcdowell Road, Suite 100, Phoenix, Arizona 85008
                    (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 August 7, 2002, there were 10,000,000 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 June 30, 2002 (Unaudited) and
        September 30,2001 .................................................... 3

        Statements of Operations for the three months and nine months ended
        June 30, 2002 and 2001 (Unaudited).................................... 4

        Statements of Shareholders' Equity for the nine months ended
        June 30, 2002 (Unaudited)............................................. 5

        Statements of Cash Flows for the nine months ended
        June 30, 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


                                           June 30, 2002      September 30, 2001
                                          -----------------   ------------------
                                             (Unaudited)         (See Note 2)
Assets

Current Assets
 Cash and Cash Equivalents                    $    972             $  1,091
                                              --------             --------

       Total Assets                           $    972             $  1,091
                                              ========             ========

Liabilities and Shareholders' Equity (Deficit)

Current Liabilities
 Accounts Payable                             $    893             $     --
 Notes Payable- Related Entities                 1,250               14,900
                                              --------             --------

       Total Liabilities                      $  2,143             $ 14,900
                                              --------             --------

Shareholders' Equity (deficit)
 Preferred stock, no par value; 50,000,000
  shares authorized, 0 shares issued and
  outstanding                                       --                   --
 Common stock, no par value; 100,000,000
  shares authorized, 10,000,000 and
  1,000,000 issued and outstanding,
  respectively                               $  61,653             $  7,553
 Accumulated deficit                           (62,824)             (21,362)
                                              --------             --------
                                                (1,171)             (13,809)
                                              --------             --------
       Total Liabilities and
        Shareholders' Equity                  $    972             $  1,091
                                              ========             ========

                                       3
<PAGE>
                              CREATIVE VISTAS, INC.

                            STATEMENTS OF OPERATIONS
           For the Three and Nine Months Ended June 30, 2002 and 2001


<TABLE>
<CAPTION>
                                             Three Months Ended                   Nine Months Ended
                                                  June 30,                             June 30,
                                                (Unaudited)                          (Unaudited)
                                      -------------------------------      -------------------------------
                                          2002                2001             2002                2001
                                      -----------         -----------      -----------         -----------
<S>                                   <C>                 <C>              <C>                 <C>
Revenue                               $        --         $        --      $        --         $        --

Expenses
  Printing                                     --                  --              513                  --
  Postage                                      --                  --              152                  --
  Legal                                        --                  --           30,563                  --
  Accounting                                  988                 756            6,514               4,046
  Fees                                        215                  97              523                 741
  Administrative                               --                  --            3,000                  --
  Miscellaneous                                66                  17              198                  94
                                      -----------         -----------      -----------         -----------

       Total Expense                        1,269                 870           41,463               4,881

Interest Income                                 1                  --                1                  --
                                      -----------         -----------      -----------         -----------
Net Loss                              $    (1,268)        $      (870)     $   (41,462)        $    (4,881)
                                      ===========         ===========      ===========         ===========

Basic Loss per common share           $        --         $        --      $      (.04)        $        --
                                      ===========         ===========      ===========         ===========
Weighted average number of common
shares outstanding                      1,395,604           1,000,000        1,131,868           1,000,000
                                      ===========         ===========      ===========         ===========
</TABLE>

                                       4
<PAGE>
                              CREATIVE VISTAS, INC.

                        STATEMENT OF SHAREHOLDERS' EQUITY
                  For the Nine Month Period Ended June 30, 2002
                                   (Unaudited)

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

Net loss for the nine month
period ended June 30, 2002
(Unaudited)                                   --              --      $  (41,462)      $  (41,462)

Common stock issued for debt and
administrative costs (Unaudited)       9,000,000          54,100              --           54,100
                                      ----------      ----------      ----------       ----------

Balance at June 30, 2002 (Unaudited)  10,000,000      $   61,653      $  (62,824)      $   (1,171)
                                      ==========      ==========      ==========       ==========
</TABLE>

                                       5
<PAGE>
                              CREATIVE VISTAS, INC.

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

                                                         For the Nine Months
                                                            Ended June 30,
                                                       ------------------------
                                                         2002            2001
                                                       --------        --------
Cash Flows from Operating Activities:
  Net Loss                                             $(41,462)       $ (4,881)

Adjustments to reconcile net loss to
 net cash used in operating activities:
  Stock issued for services                               3,000              --

Changes in Assets and Liabilities:
  Increase (decrease) in accounts payable                   893            (882)
                                                       --------        --------

       Net Cash Used in Operating Activities            (37,569)         (5,763)
                                                       --------        --------
Cash Flows from Financing Activities:
  Notes from related entities                            37,450           5,000
                                                       --------        --------

       Net cash provided by financing activities         37,450           5,000
                                                       --------        --------

Net decrease in cash and cash equivalents                  (119)           (763)

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

Cash and cash equivalents at end of period             $    972        $    199
                                                       ========        ========
Supplemental Information

Non-cash financing activities:
  Stock issued for services                            $  3,000        $     --
                                                       ========        ========
  Stock issued for payment of notes from
   related parties                                     $ 51,100        $     --

                                                       ========        ========
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 accounting principles generally accepted in the United States
of America 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 accounting  principles  generally  accepted in
the United States of America 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 nine-month period ended June 30, 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 accounting  principles  generally  accepted in the United
States of America 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  accounting
principles  generally  accepted in the United States of America  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 by an affiliate of the Company. 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. This exchange was completed during the quarter ended June 30, 2002.

NOTE 5 - Equity

     During the quarter ended June 30, 2002,  the  Company's  Board of Directors
approved the increase of the  authorized  number of shares of Common Stock.  The
authorized  number of shares of Common Stock was increased to  100,000,000  from
1,000,000.

     During  the  quarter  ended  June 30,  2002,  the Board of  Directors  also
authorized 50,000,000 shares of Preferred Stock, no par value.

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  June  30,   2002,   general  and
administrative  expenses increased to $1,269 from $870 for the comparable period
ended June 30, 2001. The increase was primarily due to accounting fees and costs
associated to the Company's  filing  periodic  reports 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

         99.1 Certification  Pursuant to Section 906 of the  Sarbanes-Oxley Act
              of 2002
         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 June 30, 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: August 8, 2002

                                       10