UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

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


                                   (Mark one)
         X QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
                                   -----------
                              EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 2002

         TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
                                   -----------
                                     OF 1934

              For the transition period from _________ to ________

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


                        Commission File Number: 333-83152
                                     -------

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

                    Nevada                           75-2870720
        -----------------------------       ----------------------------
           (State of incorporation)           (IRS Employer ID Number)

              2591 Dallas Parkway, Suite 102, Frisco, TX 75034-8543
              -----------------------------------------------------
                    (Address of principal executive offices)

                                 (469) 633-0100
                           (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
beenubject to such filing requirements for the past 90 days. YES X  NO
                                                                ---   ---

State the number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date: November 4, 2002: 1,000,000

Transitional Small Business Disclosure Format (check one): YES    NO X
                                                              ---   ---


<PAGE>

                                 Doblique, Inc.

              Form 10-QSB for the Quarter ended September 30, 2002

                                Table of Contents


                                                                           Page
                                                                           ----
Part I - Financial Information

   Item 1  Financial Statements and Notes to Financial Statements           3

           Consolidated Balance Sheets                                      3
           Consolidated Statement of Operations                             4
           Consolidated Statement of Cash Flows                             5
           Notes to Consolidated Financial Statements                       6

   Item 2  Management's Discussion and Analysis of Financial Condition
              And Results of Operations                                     9

Part II - Other Information

   Item 6  Exhibits and Reports on Form 8-K                                10


Signatures                                                                 10

Certification Pursuant to 18 USC, Section 1350, s Adopted Pursuant
    to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002              11







                                       2
<PAGE>
<TABLE>
<CAPTION>

Item 1 - Part 1 - Financial Statements

                                 Doblique, Inc.
                                 Balance Sheets
                    September 30, 2002 and December 31, 2001


                                                               Sept. 30,       Dec. 31,
                                                                  2002           2001
                                                              (Unaudited)
                                                              -----------    -----------
<S>                                                           <C>                 <C>
                                     ASSETS
                                     ------
Current assets
   Cash on hand and in bank                                   $     4,407         27,490
                                                              -----------    -----------
     Total current assets                                           4,407         27,490
                                                              -----------    -----------

Livestock                                                          73,000         49,000
   Accumulated depreciation                                       (15,859)       (12,222)
                                                              -----------    -----------

         Net livestock                                             57,141         36,778
                                                              -----------    -----------

         TOTAL ASSETS                                         $    61,548         64,268
                                                              ===========    ===========



                      LIABILITIES AND STOCKHOLDERS' DEFICIT
                      -------------------------------------

Current liabilities
   Accounts payable - trade                                   $    32,833           --
   Due to shareholder                                             160,939        122,395
                                                              -----------    -----------
Total current liabilities                                         193,772        122,395
                                                              -----------    -----------

Commitments and contingencies


Stockholders' deficit
     Common stock - $0.001 par value
     25,000,000 shares authorized
     1,000,000 shares issued and outstanding                        1,000          1,000
   Additional paid-in capital                                      42,000         24,000
   Accumulated deficit                                           (175,224)       (83,127)
                                                              -----------    -----------

     Total stockholders' deficit                                 (132,224)       (58,127)
                                                              -----------    -----------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                    $    61,548         64,268
                                                              ===========    ===========
</TABLE>


The financial information presented herein has been prepared by management
without audit by independent certified public accountants. The accompanying
notes are an integral part of these financial statements.

                                       3
<PAGE>
<TABLE>
<CAPTION>

                                 Doblique, Inc.
                            Statements of Operations
             Nine and Three months ended September 30, 2002 and 2001

                                   (Unaudited)

                                           Nine months    Nine months    Three months   Three months
                                              ended          ended          ended          ended
                                            Sept. 30,      Sept. 30,      Sept. 30,      Sept. 30,
                                               2002           2001           2002           2001
                                           -----------    -----------    -----------    -----------
<S>                                        <C>                 <C>            <C>            <C>
Revenues
   Racing purses                           $    43,841         47,747         10,195         22,645
                                           -----------    -----------    -----------    -----------
                                                43,841         47,747         10,195         22,645


Operating expenses
   Livestock expenses
   Training                                     51,610         53,095         19,812         25,223
   Veterinarian fees                            18,205          9,724         10,648          3,471
   Other                                         3,370         18,402          1,015          3,479
   Jockey fees & other track expenses            4,839          5,300          1,010          2,683
   Executive compensation contributed
     by a sole shareholder                      18,000         18,000          6,000          6,000
   General and administrative expenses           7,777           --            3,483           --
   Depreciation                                 15,778         13,834          6,082          6,274

                                           -----------    -----------    -----------    -----------
Total operating expenses                       119,579        118,355         48,050         47,130
                                           -----------    -----------    -----------    -----------

Loss from operations                           (75,738)       (70,608)       (37,855)       (24,485)

Other income (expense)
   Gain (loss) on sale of livestock            (16,359)         9,216         (3,888)        (3,284)
                                           -----------    -----------    -----------    -----------

Loss before provision for income taxes         (92,097)       (61,393)       (41,743)       (27,769)

Provision for income taxes                        --             --             --             --
                                           -----------    -----------    -----------    -----------

Net Loss                                       (92,097)       (61,393)       (41,743)       (27,769)


Loss per weighted-average share of
   common stock outstanding, computed
   on net loss - basic and fully diluted   $      (.09)   $      (.06)   $      (.04)   $      (.03)
                                           ===========    ===========    ===========    ===========

Weighted-average number of
   common shares outstanding                 1,000,000      1,000,000      1,000,000      1,000,000
                                           ===========    ===========    ===========    ===========
</TABLE>



The financial information presented herein has been prepared by management
without audit by independent certified public accountants. The accompanying
notes are an integral part of these financial statements.


                                       4
<PAGE>

                                 Doblique, Inc.
                            Statements of Cash Flows
                  Nine months ended September 30, 2002 and 2001

                                   (Unaudited)

                                                           2002         2001
                                                         ---------    ---------


Cash flows from operating activities:
   Net loss                                              $ (92,097)   $ (61,393)
   Adjustments to reconcile net loss to net
     cash provided by operating activities:
       Depreciation                                         15,778       13,834
       Loss (gain) on sale of livestock                     16,359       (9,216)
       Executive compensation contributed
        by shareholder                                      18,000       18,000
   Increase in accounts payable                             32,833           46
   Increase in due to shareholder                           38,544      118,227
                                                         ---------    ---------

Net cash provided by operating activities                   29,417       79,498
                                                         ---------    ---------

Cash flows from investing activities:
   Proceeds from sale of livestock                           4,500       19,200
   Purchase of livestock                                   (57,000)     (83,611)
                                                         ---------    ---------

Net cash used in investing activities                      (52,500)     (64,411)

Increase (decrease) in cash                                (23,083)      15,087

Cash at beginning of year                                   27,490           64
                                                         ---------    ---------

Cash at end of year                                      $   4,407    $  15,151
                                                         =========    =========

Supplemental disclosure of interest and income taxes paid
   Interest paid for the period                          $    --      $    --
                                                         =========    =========
   Income taxes paid for the period                      $    --      $    --
                                                         =========    =========





The financial information presented herein has been prepared by management
without audit by independent certified public accountants. The accompanying
notes are an integral part of these financial statements.



                                       5
<PAGE>

                                 Doblique, Inc.

                          Notes to Financial Statements


Note A - Organization and Description of Business

Doblique,  Inc.  (Company) was  incorporated on March 28, 2000 under the laws of
the State of Nevada. The Company owns, trains and races thoroughbred horses on a
long-term  basis for its own account.  The Company began business  operations in
February 2001.

The  Company  follows  the  accrual  basis  of  accounting  in  accordance  with
accounting principles generally accepted in the United States of America and has
a year-end of December 31.

During interim periods, the Company follows the accounting policies set forth in
its  Registration  Statement  Under The  Securities  Act of 1933 on Form SB-2 as
filed  with  the  U.S.  Securities  and  Exchange  Commission.  The  information
presented herein may not include all disclosures  required by generally accepted
accounting  principles  and the  users of  financial  information  provided  for
interim periods should refer to the annual  financial  information and footnotes
contained in its Registration Statement Under The Securities Act of 1933 on Form
SB-2 when reviewing the interim financial results presented herein.

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and disclosure of contingent  assets and liabilities at the date of
the balance sheet. Actual results could differ from those estimates.

Note B - Going Concern Uncertainty

The horse racing  business has  inherently  high risk. At the present time,  the
Company  is not  generating  revenue  at  levels  sufficient  to  support  daily
operations.

The  Company's  continued  existence is  dependent  upon its ability to generate
sufficient cash flows from operations to support its daily operations as well as
provide sufficient resources to retire existing liabilities and obligations on a
timely  basis.  Further,  the Company  faces  considerable  risk in each of it's
business  plan  steps,  including  difficulty  of hiring or  engaging  competent
trainers within our budget,  acquisition of quality  livestock,  and a potential
shortfall of funding due to  potential  difficulties  in raising  capital in the
equity securities market.

The Company  remains  dependent upon additional  external  sources of financing;
including being dependent upon its management and/or significant shareholders to
provide   sufficient   working  capital  in  excess  of  the  Company's  initial
capitalization  and net racing purse  revenues to preserve the  integrity of the
corporate entity.

The Company  anticipates  offering future sales of equity  securities.  However,
there is no assurance that the Company will be able to obtain additional funding
through the sales of additional  equity  securities  or, that such  funding,  if
available, will be obtained on terms favorable to or affordable by the Company.

If no additional  operating  capital is received  during the next twelve months,
the Company will be forced to rely on existing  cash in the bank and  additional
funds loaned by management  and/or  significant  shareholders.  In the event the
Company  is unable to  generate  sufficient  cash  flow to repay  advances  from
management and/or significant shareholders,  the party advancing funds may elect
to take title to one or more of the  Company's  horses to satisfy this debt.  An
action of this type would adversely impact the Company's ongoing operations.

     It is the intent of  management  and  significant  stockholders  to provide
     sufficient  working capital necessary to support and preserve the integrity
     of the corporate entity.  However, no formal commitments or arrangements to
     advance or loan funds to the  Company or repay any such  advances  or loans
     exist.  There is no legal  obligation for either  management or significant
     stockholders to provide additional future funding.

In such a restricted cash flow scenario, the Company would be unable to complete
its business plan steps, and would, instead, delay all cash activities.  Without
necessary  cash flow,  the  Company  may become  dormant  during the next twelve
months,  or until  such time as  necessary  funds  could be raised in the equity
securities market.

Note C - Summary of Significant Accounting Policies

1.   Cash and cash equivalents
     -------------------------

     For purposes of reporting  cash flows,  the Company  considers  all cash on
     hand,  in banks and on  deposit  with  brokerage  houses,  certificates  of
     deposit and other highly liquid debt  instruments  with a maturity of three
     months or less at the date of purchase to be cash and cash equivalents.

                                       6
<PAGE>

2.   Revenue Recognition
     -------------------

     The  Company   recognizes  revenue  as  the  Company's  horses  earn  purse
     distributions  in  regularly  scheduled  races at licensed  and  sanctioned
     tracks offering  pari-mutuel  wagering,  principally in Florida.  All purse
     distributions  are paid by the race track to the Company at the end of each
     day's racing session.  Concurrent with the receipt of purse  distributions,
     the Company settles all direct track racing expenses for jockey fees, taxes
     and fees and other  direct  costs  incurred at the race track  through it's
     track cash account.

     Additionally, certain regularly scheduled races are deemed "claiming races"
     whereby any licensed owner or trainer of race horses may claim and purchase
     a participating horse for a predetermined fixed price. In the normal course
     of business,  the Company enters horses in "claiming races".  The resulting
     gain or loss on the sale of a horse,  as a result of a "claiming  race", is
     recognized  at the  settlement  of the sale which  occurs at the end of the
     respective day's racing session.


3.   Livestock
     ---------

     Livestock  is  recorded at  historical  cost.  Depreciation  is provided in
     amounts  sufficient  to  relate  the  asset  cost to  operations  over  the
     estimated useful life of three years using the straight-line method.

     The Company  acquires  livestock either through direct purchase from either
     related or unrelated  parties owning such livestock,  claiming a horse in a
     "claiming  race"  (see  above),  or  at  regularly  scheduled  auctions  of
     thoroughbred horses.

     Gains and/or losses from the  disposition  of livestock  are  recognized as
     incurred and are included in operations.

4.   Organization costs
     ------------------

     In  accordance  with AICPA  Statement of Position  98-5,  "Reporting on the
     Costs of  Start-Up  Activities",  the  Company  has  charged  all  expenses
     associated with the incorporation,  organization and initial capitalization
     of the Company to operations as incurred.

5.   Research and development expenses
     ---------------------------------

     Research and development expenses are charged to operations as incurred.

6.   Advertising expenses
     --------------------

     Advertising and marketing expenses are charged to operations as incurred.


7.   Income taxes
     ------------

     The Company  utilizes  the asset and  liability  method of  accounting  for
     income taxes.

     At Sept.  30, 2002 and December 31,  2001,  respectively,  the deferred tax
     asset and deferred tax liability accounts,  as recorded when material,  are
     entirely  the  result  of  temporary  differences.   Temporary  differences
     represent  differences in the recognition of assets and liabilities for tax
     and financial reporting purposes.

     As of Sept. 30, 2002 and December 31, 2001, respectively,  the deferred tax
     asset is related  solely to the Company's net operating  loss  carryforward
     and is fully reserved.

8.   Loss per share
     --------------

     Basic  loss  per  share  is  computed  by  dividing  the  net  loss  by the
     weighted-average  number  of  shares  of  common  stock  and  common  stock
     equivalents  (primarily  outstanding  options and  warrants).  Common stock
     equivalents  represent the dilutive  effect of the assumed  exercise of the
     outstanding  stock options and warrants,  using the treasury  stock method.
     The calculation of fully diluted loss per share assumes the dilutive effect
     of the exercise of outstanding options and warrants at either the beginning
     of the respective  period  presented or the date of issuance,  whichever is
     later.  As of Sept.  30, 2002 and  December  31,  2001,  respectively,  the
     Company has no issued and outstanding securities,  options or warrants that
     would be deemed potentially dilutive in the current and future periods.

                                       7
<PAGE>

Note D - Fair Value of Financial Instruments

The carrying amount of cash,  accounts  receivable,  accounts  payable and notes
payable, as applicable,  approximates fair value due to the short term nature of
these items  and/or the current  interest  rates  payable in relation to current
market conditions.

Note E - Amounts due to Shareholder

The  Company's  controlling  shareholder   periodically  advances  and  receives
repayment  of  funds  loaned  to  the  Company  to  support  operations,  settle
outstanding trade accounts payable and provide working capital.  The net advance
is repayable upon demand and is non-interest bearing.

Note F - Contributed Capital

Executive  management and oversight services are provided to the Company by it's
controlling   shareholder.   The  accompanying   financial   statements  reflect
management's estimate of the estimated fair value of the services contributed on
a quarterly  basis to the Company  during each fiscal year based on the time and
effort required to administer the Company's operations and affairs.

Note G - Income Taxes

The components of income tax (benefit) expense for the nine months ended
September 30, 2002 and 2001, respectively, are as foolows:

                                           Nine Months Ended   Nine Months Ended
                                             September 30,       September 30,
                                                  2002                2001
                                           -----------------   -----------------
Federal:
  Current                                  $            --     $            --
  Deferred                                              --                  --
                                           -----------------   -----------------
                                                        --                  --
                                           -----------------   -----------------
State:
  Current                                               --                  --
  Deferred                                              --                  --
                                           -----------------   -----------------
                                                        --                  --
                                           -----------------   -----------------
Total                                      $            --     $            --
                                           =================   =================

As of September 30, 2002, the Company has a net operating loss  carryforward  of
approximately  $172,000  to offset  future  taxable  income.  Subject to current
regulations,  this  carryforward  will  begin to expire in 2020.  The amount and
availability  of  the  net  operating  loss  carryforwards  may  be  subject  to
limitations set forth by the Internal  Revenue Code.  Factors such as the number
of shares ultimately issued within a three year look-back period;  whether there
is a deemed more than 50 percent change in control; the applicable long-term tax
exempt bond rate;  continuity of historical  business;  and subsequent income of
the  Company  all  enter  into  the  annual   computation  of  allowable  annual
utilization of the carryforwards.

The Company's  income tax benefit for the quarters ended  September 30, 2002 and
2001  respectively,  differed from the  statutory  federal rate of 34 percent as
follows:

                                                            2002        2001
                                                       ----------    ----------

Statutory rate applied to loss before income taxes     $  (14,200)   $    9,400
Increase (decrease) in income taxes resulting from:
    State income taxes                                       --            --
    Other, including reserve for deferred tax asset        14,200        (9,400)
                                                       ----------    ----------

      Income tax expense                               $     --      $     --
                                                       ==========    ==========


Deferred income taxes  consisted  primarily of the following as of September 30,
2001 and 2000, respectively:

                                                        2002            2001
                                                     ----------      ----------

Deferred tax assets
    Net operating loss carryforwards                 $   58,500            --
    Less valuation allowance                            (58,500)           --
                                                     ----------      ----------

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


                                       8
<PAGE>

Note H - Common Stock Transactions

On March 28, 2000,  concurrent  with the  formation of the Company,  the Company
issued  1,000,000 shares of  unregistered,  restricted  common stock to its sole
shareholder at par value for gross proceeds of approximately $1,000 cash.


Part I - Item 2

Management's  Discussion  and  Analysis of  Financial  Condition  and Results of
Operations


(1)  Caution Regarding Forward-Looking Information

This  quarterly   report  contains   certain   forward-looking   statements  and
information relating to the Company that are based on the beliefs of the Company
or management as well as assumptions made by and information currently available
to  the  Company  or  management.   When  used  in  this  document,   the  words
"anticipate,"   "believe,"   "estimate,"   "expect"  and  "intend"  and  similar
expressions,  as they relate to the Company or its  management,  are intended to
identify forward-looking statements. Such statements reflect the current view of
the  Company   regarding  future  events  and  are  subject  to  certain  risks,
uncertainties  and  assumptions,  including the risks and  uncertainties  noted.
Should  one or more of  these  risks or  uncertainties  materialize,  or  should
underlying assumptions prove incorrect,  actual results may vary materially from
those  described  herein  as  anticipated,   believed,  estimated,  expected  or
intended. In each instance,  forward-looking information should be considered in
light of the accompanying meaningful cautionary statements herein.

(2)  Results of Operations

For the respective nine month periods ended Sept. 30, 2002 and 2001, the Company
received  purse  revenues of  approximately  $43,841 and $47,747.  The Company's
expenses during these  corresponding  periods relate principally to training and
veterinarian expenses.  Total net losses for the respective quarters ended Sept.
30, 2002 and 2001 were approximately $41,743 and $27,769. Net loss per share was
$.04 and $.03 for each three month period.

(3)  Liquidity and Capital Resources

Liquidity for the period from inception through Sept. 30, 2002 has been provided
primarily from advances from significant shareholders or affiliated entities.

However,  at this time,  the Company is fully  dependent  either future sales of
securities  or upon  its  current  management  and/or  advances  or  loans  from
significant  stockholders or corporate  officers to provide  sufficient  working
capital to preserve the integrity of the corporate entity.

There is no assurance that the Company will be able to obtain additional funding
through the sales of additional  securities or, that such funding, if available,
will be obtained on terms favorable to or affordable by the Company.

It  is  the  intent  of  management  and  significant  stockholders  to  provide
sufficient  working  capital  necessary to support and preserve the integrity of
the  corporate  entity.  However,  there  is  no  legal  obligation  for  either
management or significant stockholders to provide additional future funding.

The Company has identified no significant  capital  requirements for the current
annual period.  Liquidity requirements mandated by future business expansions or
acquisitions, if any, are specifically identified or undertaken, are not readily
determinable  at this  time as no  substantive  plans  have been  formulated  by
management. Additionally,  management is of the opinion that there is additional
potential  opportunity  for the sale of additional  common stock through  either
private placements or secondary offerings.





                                       9
<PAGE>

Part II - Other Information

Item 1 - Legal Proceedings

     None

Item 2 - Changes in Securities

     None

Item 3 - Defaults on Senior Securities

     None

Item 4 - Submission of Matters to a Vote of Security Holders

     The Company has held no regularly scheduled,  called or special meetings of
shareholders during the reporting period.

Item 5 - Other Information

     None

Item 6 - Exhibits and Reports on Form 8-K

     Exhibits -

     99.1 Certification  Pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002.

     Reports on Form 8-K - None

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


                                   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.

                                                          DOBLIQUE, INC.


November 5 , 2002                                           /s/ Pam J. Halter
                                                          ----------------------
                                                                   Pam J. Halter
                                                          President and Director












                                       10
<PAGE>

                                  CERTIFICATION

I, Pam J. Halter, certify that:



1.   I have reviewed this quarterly report on Form 10-QSB of Doblique, Inc.;

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     quarterly report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     (a)  designed  such  disclosure  controls  and  procedures  to ensure  that
          material  information  relating  to  the  registrant,   including  its
          consolidated subsidiaries,  is made known to us by others within those
          entities,  particularly  during  the  period in which  this  quarterly
          report is being prepared;

     (b)  evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     (c)  presented  in  this  quarterly   report  our  conclusions   about  the
          effectiveness  of the disclosure  controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent  evaluation,  to the  registrant's  auditors  and the audit
     committee of  registrant's  board of directors (or persons  performing  the
     equivalent function):

     (a)  all  significant  deficiencies  in the design or operation of internal
          controls  which could  adversely  affect the  registrant's  ability to
          record,  process,   summarize  and  report  financial  data  and  have
          identified for the  registrant's  auditors any material  weaknesses in
          internal controls; and

     (b)  any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          controls; and

6.   The  registrant's  other  certifying  officers and I have indicated in this
     quarterly report whether or not there were significant  changes in internal
     controls  or in other  factors  that could  significantly  affect  internal
     controls  subsequent to the date of our most recent  evaluation,  including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

     Date:  November 5, 2002

                                /s /Pam J. Halter
                               ------------------
                               President



                                       11