**U.S. 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: **0-30689**

**EMISSION CONTROL DEVICES, INC.**

(Exact name of registrant as specified in charter)

|**Nevada**                                                      | **84-0989940**            
|--------------------------------------------------------------- | --------------------------
|(State or other jurisdiction of  incorporation or organization) | (I.R.S. Employer I.D. No.)

**4685 S. Highland Dr. Suite 202, Salt Lake City, UT                   84117**

(Address of principal executive offices)                                (Zip Code)

Issuer's telephone number, including area code: **801-274-1011**

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.        (1) Yes [X]   No [ ]          (2)  Yes [X]    No [  ]

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING
FIVE YEARS:

Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13, or 15(d)of the
Exchange Act subsequent to the distribution of securities under a plan confirmed by a court.     Yes [ ] No [ ]

(APPLICABLE ONLY TO CORPORATE REGISTRANTS)

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                                           11,486,964

Transitional Small Business Format: Yes [ ] No [X]

Documents incorporated by reference: None

FORWARD-LOOKING INFORMATION

THIS FORM 10QSB AND OTHER STATEMENTS ISSUED OR MADE FROM  TIME TO TIME BY THE COMPANY
OR ITS REPRESENTATIVES CONTAIN  STATEMENTS WHICH MAY CONSTITUTE "FORWARD-LOOKING
STATEMENTS" WITHIN THE MEANING OF THE SECURITIES ACT OF 1933 AND THE SECURITIES
EXCHANGE ACT OF 1934, AS AMENDED BY THE PRIVATE SECURITIES LITIGATION REFORM  ACT OF
1995, 15 U.S.C.A. SECTIONS 77Z-2 AND 78U-5. THOSE STATEMENTS INCLUDE STATEMENTS REGARDING
THE INTENT, BELIEF OR CURRENT EXPECTATIONS  OF THE COMPANY AND MEMBERS OF ITS
MANAGEMENT TEAM AS WELL AS THE ASSUMPTIONS ON WHICH SUCH STATEMENTS ARE BASED.

PROSPECTIVE INVESTORS ARE CAUTIONED THAT ANY SUCH FORWARD-LOOKING STATEMENTS ARE
NOT GUARANTEES OF FUTURE PERFORMANCE AND INVOLVE RISKS AND UNCERTAINTIES, AND THAT
ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED BY SUCH
FORWARD-LOOKING STATEMENTS. IMPORTANT FACTORS CURRENTLY KNOWN TO MANAGEMENT
THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM  THOSE IN FORWARD- LOOKING
STATEMENTS ARE SET FORTH HEREIN. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR
REVISE FORWARD-LOOKING STATEMENTS TO REFLECT CHANGED ASSUMPTIONS, THE OCCURRENCE
OF UNANTICIPATED EVENTS OR CHANGES TO  FUTURE OPERATING RESULTS OVER TIME.

**PART I - FINANCIAL INFORMATION**

**ITEM 1.  FINANCIAL STATEMENTS**

The accompanying balance sheets of Emission Control Devices, Inc. (a development stage company) at March 31, 2002
and December 31, 2001, and the statements of operations for the three month periods ended March 31, 2002 and 2001 and
the period from November 9, 2000 to March 31, 2002, and the cash flows for the three months ended March 31, 2002 and
2001, and the period from November 9, 2000 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.

|**EMISSION CONTROL DEVICES, INC. AND SUBSIDIARY**
|-------------------------------------------------
|( Development Stage Company )                    
|**CONSOLIDATED BALANCE SHEETS**                  
|(Unaudited)                                      

|                                                                                                      | **March 31,** | **December 31,**
|----------------------------------------------------------------------------------------------------- | ------------- | ----------------
|                                                                                                      | **2002**      | **2001**        
|**ASSETS**                                                                                            |               |                 
|**CURRENT ASSETS**                                                                                    |               |                 
|Current Assets                                                                                        |               |                 
|Cash                                                                                                  | $     -       | $         -     
|                                                                                                      | __________    | __________      
|Total Current Assets                                                                                  | -             | -               
|                                                                                                      | __________    | __________      
|                                                                                                      | $     -       | $         -     
|                                                                                                      | =========     | =========       
|**LIABILITIES AND
STOCKHOLDERS' (DEFICIT)**                                                           |               |                 
|**CURRENT LIABILITIES**                                                                               |               |                 
|Accounts payable                                                                                      | $     -       | $       -       
|                                                                                                      | __________    | __________      
|Total Current Liabilities                                                                             | -             | -               
|                                                                                                      | __________    | __________      
|**STOCKHOLDERS' EQUITY**                                                                              |               |                 
|Common stock 100,000,000 shares
authorized, $.001 par value, 11,486,964
shares issued and outstanding | 11,487        | 11,487          
|Capital in excess of par value                                                                        | (6,177)       | (6,177)         
|Retained earnings (deficit)
accumulated during the development
stage                                  | (5,310)       | (5,310)         
|                                                                                                      | __________    | __________      
|Total Stockholders' Deficiency                                                                        | $      -      | $       -       
|                                                                                                      | __________    | __________      
|                                                                                                      | $       -     | $       -       
|                                                                                                      | ========      | ========        

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



|**EMISSION CONTROL DEVICES, INC. AND SUBSIDIARY**
|-------------------------------------------------
|(Development Stage Company)                      
|**CONSOLIDATED STATEMENTS OF OPERATIONS**        
|(Unaudited)                                      

|                                         | **Three Months Ended
March 31, 2002** | **Three Months Ended
March 31, 2001** | **November 9, 2000 to
March 31, 2002**
|---------------------------------------- | ------------------------------------- | ------------------------------------- | --------------------------------------
|**REVENUE**                              | $    -                                | $ 1,089                               | $ 1,089                               
|****                                     | __________                            | __________                            | __________                            
|**EXPENSES:**                            | -                                     | 22                                    | 6,399                                 
|                                         | __________                            | __________                            | __________                            
|**NET INCOME (LOSS)**                    | $    -                                | $ 1,067                               | $(5,310)                              
|****                                     | =========                             | =========                             | =========                             
|**NET LOSS PER
COMMON SHARE**            | $    -                                | $    -                                |                                       
|                                         | __________                            | __________                            |                                       
|**AVERAGE
OUTSTANDING SHARES**           |                                       |                                       |                                       
|Basic                 (stated in
1000's) | 11,487                                | 11,487                                |                                       
|                                         | __________                            | __________                            |                                       

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



|**EMISSION CONTROL DEVICES, INC. AND SUBSIDIARY**
|-------------------------------------------------
|(Development Stage Company)                      
|**CONSOLIDATED STATEMENTS OF CASH FLOWS**        
|(Unaudited)                                      

|                                                                             | **For the Three Months
Ended March 31, 2002** | **For the Three Months
Ended March 31, 2001** | **November 9, 2000 to
March 31, 2002**
|---------------------------------------------------------------------------- | --------------------------------------------- | --------------------------------------------- | --------------------------------------
|**CASH FLOWS FROM
OPERATING
ACTIVITIES:**                                    |                                               |                                               |                                       
|Net income (loss)                                                            | $     -                                       | $1,067                                        | $ (5,310)                             
|Adjustments to reconcile net
loss to net cash used by
operating  activities: |                                               |                                               |                                       
|Changes in accounts payable                                                  | -                                             | -                                             | -                                     
|                                                                             | __________                                    | __________                                    | __________                            
|Net Cash Provided (Used) by
Operating Activities                             | -                                             | 1,067                                         | (5,310)                               
|                                                                             | __________                                    | __________                                    | __________                            
|**CASH FLOWS FROM
INVESTING ACTIVITIES**                                     | -                                             | -                                             | -                                     
|                                                                             | __________                                    | __________                                    | __________                            
|Net Cash Used by Investing
Activities                                        | -                                             | -                                             | -                                     
|                                                                             | __________                                    | __________                                    | __________                            
|**CASH FLOWS FROM
FINANCING ACTIVITIES**                                     |                                               |                                               |                                       
|Contributions to capital -
related parties                                   | -                                             | -                                             | 4,310                                 
|Proceeds from issuance of
common capital stock                               | -                                             | -                                             | 1,000                                 
|                                                                             | __________                                    | __________                                    | __________                            
|Net Cash (Used) by
Financing Activities                                      | -                                             | -                                             | -                                     
|                                                                             | __________                                    | __________                                    | __________                            
|Net Increase in Cash                                                         | -                                             | 1,067                                         | -                                     
|Cash at Beginning of Period                                                  | -                                             | 947                                           | -                                     
|                                                                             | __________                                    | __________                                    | __________                            
|Cash at End of Period                                                        | $     -                                       | $2,014                                        | $     -                               
|                                                                             | =========                                     | =========                                     | =========                             
|**NON CASH FLOWS
FROM OPERATING AND
FINANCING ACTIVITIES**                   |                                               |                                               |                                       
|Contributions to capital -
expenses - related parties                        |                                               |                                               | $7,367                                
|Settlement of debt - related
parties                                         |                                               |                                               | $151,865                              
|Issuance of common stock
for services - related parties                      |                                               |                                               | $ 1,800                               

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

**EMISSION CONTROL DEVICES, INC. AND SUBSIDIARY**

**NOTES TO FINANCIAL STATEMENTS**

==========================================================================**1.   ORGANIZATION**

The Company was incorporated under the laws of the State of Colorado on May 16, 1985 with the name of "Mountain
Ashe, Inc." with authorized common stock of 100,000,000 shares with a par value of $0.0001.  On September 23, 1987 the
name was changed to "Holographic Systems, Inc." and on February 7, 2000 the domicile was changed to the state of
Nevada in connection with a change in par value to  $0.001. On January 22, 2001 the Company changed its name to
Emission Control Devices, Inc. as a part of the acquisition of all of the outstanding stock of Emission Control Devices, Inc.
(a North Carolina corporation). Note 3

On February 7,  2000  the Company completed a reverse common stock split of one share for 20 outstanding shares. This
report has been prepared showing after stock split shares with a par value of $.001 from inception.

The Company had been in the business of marketing PC computers and accessories and during 1997 ceased operations and
after 1996 the Company is considered to be a development stage company.

**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 adopted a policy regarding payment of dividends.

Income Taxes

At March 31, 2002  the Company  had a  net operating loss  carry forward of  $5,310. The income tax benefit of $1,593
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 loss carryover will expire in 2022.

Earnings (Loss) Per Share

Earnings (loss) per share amounts are computed based on the weighted average number of common shares actually
outstanding, after stock splits.

**EMISSION CONTROL DEVICES, INC. AND SUBSIDIARY**

**NOTES TO FINANCIAL STATEMENTS**

==========================================================================

Financial Instruments

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

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.

Principals of Consolidation

The consolidated financial statements shown in this report excludes the historical operating information of the parent
before December 31, 2000, and includes the operating information of the subsidiary from its inception.

All intercompany transactions have been eliminated.

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.

**EMISSION CONTROL DEVICES, INC. AND SUBSIDIARY**

**NOTES TO FINANCIAL STATEMENTS**

==========================================================================

**3. ACQUISITION OF ALL OUTSTANDING STOCK OF EMISSION CONTROL DEVICES, INC.**

On December 31, 2000 the Company (parent) completed the acquisition of all the outstanding stock of Emission Control
Devices, Inc. (subsidiary), by a stock for stock exchange in which the stockholders of the subsidiary received 10,000,000
shares of the parent representing 91% of the outstanding stock of the parent. For reporting purposes, the acquisition is
treated as an acquisition of the parent by the subsidiary (reverse acquisition) and a recapitalization of the subsidiary. The
historical operating information prior to December 31, 2000 is that of the subsidiary. The only asset owned by the
subsidiary is a license agreement described below. No good will was recognized from the acquisition.

The subsidiary was organized in the state of North Carolina on November 9, 2000 for the purpose of developing and
marketing an exclusive licensing agreement, obtained from a related party, covering an emission control device.

**4.  GOING CONCERN**

The Company will need additional working capital for its 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 financing which will enable the Company to operate for the coming year.

**5. RELATED PARTY TRANSACTIONS**

Related parties have acquired 93% of the outstanding common capital stock.

**ITEM 2.  PLAN OF OPERATIONS**

**MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION**

Plan of Operation

The Company held two licenses that were assigned from Unlimited Technologies International, Inc. covering motorcycle
emission control devices and industrial forklift emission control devices.  The license covering industrial fork lifts (South
Industrial Equipment d/b/a/ Envirolift) was the only license that resulted in any sales, However, the sales that were
generated pursuant to the forklift application were booked by Unlimited Technologies International, Inc., a private
company, with which the Company shared office and manufacturing space.  The Company intended to transition operations
and sales from Unlimited Technologies International, Inc, to the Company, but this did not occur. As a result, the Company
ceased operations in the emission devices industry in March 2002.

The Company is seeking to acquire assets or shares of an entity actively engaged in business which generates revenues.
The Company has no particular acquisitions in mind and has not entered into any negotiations regarding such an
acquisition. None of the Company's officers, directors, promoters or affiliates have engaged in any substantive contact or
discussions with any representative of any other company regarding the possibility of an acquisition or merger between the
Company and such other company as of the date of this quarterly report.  The Board of Directors intends to obtain certain
assurances of value of the target entity's assets prior to consummating such a transaction.  Any business combination or
transaction will likely result in a significant issuance of shares and substantial dilution to present stockholders of the
Company.

The Company has, and will continue to have, no capital with which to provide the owners of business opportunities with
any significant cash or other assets. However, management believes the Company will be able to offer owners of
acquisition candidates the opportunity to acquire a controlling ownership interest in a publicly registered company without
incurring the cost and time required to conduct an initial public offering. The owners of the acquisition candidate will,
however, incur significant legal and accounting costs in connection with the acquisition of a business opportunity,
including the costs of preparing Form 8-K's, 10-KSB's, 10-QSB's, agreements and related reports and documents.

Liquidity and Capital Resources

The Company remains in the development stage and has experienced no significant change in liquidity or capital resources
or stockholder's equity since re-entering the development stage. The Company's balance sheet as of March 31, 2002,
reflects a total asset value of $0.00. The Company has no cash or line of credit, other than that which present management
may agree to extend to or invest in the Company, nor does it expect to have one before a merger is effected.  The Company
will carry out its plan of business as discussed above. The Company cannot predict to what extent its liquidity and capital
resources will be diminished prior to the consummation of a business combination or whether its capital will be further
depleted by the operating losses (if any) of the business entity which the Company  may eventually acquire.

Results of Operations

During the period from January 1, 2002 through March 31, 2002, the Company has engaged in no significant operations
other than maintaining its reporting status with the SEC and seeking a business combination.  No revenues were received
by the Company during this period.

For the current fiscal year, the Company anticipates incurring a loss as a result of legal and accounting expenses, and
expenses associated with locating and evaluating acquisition candidates. The Company anticipates that until a business
combination is completed  with an acquisition candidate, it will not generate revenues, and may continue to operate at a
loss after completing a business combination, depending upon the performance of the acquired business.

Need for Additional Financing

Based upon current management's willingness to extend credit to the Company and/or invest in the Company until a
business combination is completed, the Company believes that its existing capital will be sufficient to meet the Company's
cash needs required for the costs of compliance with the continuing reporting requirements of the Securities Exchange Act
of 1934, as amended, and for the costs of accomplishing its goal of completing a business combination, for an indefinite
period of time. Accordingly, in the event the Company is able to complete a business combination during this period, it
anticipates that its existing capital will be sufficient to allow it to accomplish the goal of completing a business
combination. There is no assurance, however, that the available funds will ultimately prove to be adequate to allow it to
complete a business combination, and once a business combination is completed, the Company's needs for additional
financing are likely to increase substantially.  In addition, as current management is under no obligation to continue to
extend credit to the Company and/or invest in the Company, there is no assurance that such credit or investment will
continue or that it will continue to be sufficient for future periods.

**Part II - Other Information**

**Item 1.   Legal Proceedings**

None; not applicable.

**Item 2.  Changes in Securities.**

None; not applicable.

**Item 3.   Defaults Upon Senior Securities.**

None; not applicable.

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

None; not applicable.

**Item 5.   Other Information.**

None; not applicable.

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

No other exhibits were filed on Form 8-K.

**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, thereunto duly authorized.

Emission Control Devices, Inc.

Date:   May 15, 2001                      By:   /s/ Justeene Blankenship

Justeene Blankenship, President