**PACIFIC INTERNATIONAL HOLDING, INC.**

**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: September 30, 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: 000-30771

**PACIFIC INTERNATIONAL HOLDING, INC.**

(Exact name of registrant as specified in charter)

****Utah**
**87-0678630**(State or other jurisdiction of  incorporation or organization)
(I.R.S. Employer I.D. No.)**163-10 Northern Boulevard, Suite 202, Flushing New York      11458**

(Address of principal executive offices)                  (Zip Code)

Issuer's telephone number, including area code: **(718) 460-4728**

Not Applicable

(Former name, address and fiscal year, if changed since last report)

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 September 30, 2001

Common Stock, $0.001                                           8,739,903

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 Pacific International Holding, Inc. (a development stage company) at September 30, 2001
and December 31, 2000, and the statements of operations for the nine months ended September 30, 2001 and 2000 and the
period from June 9, 2000 to September 30, 2001, and the cash flows for the nine months ended September 30, 2001 and 2000,
and the period from June 9, 2000 to September 30, 2001, have been prepared by the Company's management and they include
all information and notes to the financial statements necessary for a complete presentation of the financial position, results of
operations, and cash flows 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 September 30, 2001 are not necessarily indicative of the results that can be expected for
the year ending December 31, 2001.

**PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY**

**( Development Stage Companies)**

**CONSOLIDATED BALANCE SHEETS**

**September 30, 2001 (Unaudited) and December 31, 2000****September 30,**
**December 31,****2001**
**2000**-------
-------**ASSETS**CURRENT ASSETS:Cash
$ 2,365
$ 1,182Refund Due -overpaid commissions
-
673--------
--------Total Current Assets
$ 2,365
$ 1,855--------
--------OTHER ASSETS:Deposit
2,500
2,500--------
--------Total Other Assets
2,500
2,500--------
--------TOTAL ASSETS
$ 4,865
$ 4,355========
========**LIABILITIES AND
STOCKHOLDERS' EQUITY**CURRENT LIABILITIES:Accounts payable
$ 2,225
$ 6,080Accrued liabilities
1,895
370Note payable to directors
9,300
4,000-------
--------Total Current Liabilities
13,420
10,450-------
--------STOCKHOLDERS' EQUITYCommon stock60,000,000 shares authorized,$.001 par value; 8,739,903 and8,239,903 shares issued &outstanding, respectively
8,740
8,240Capital in excess (discount) of par value
23,674
(4,550)Deficit accumulated during
development stage
(40,969)
(9,785)---------
---------Total Stockholders' Equity (Deficit)
$ (8,555)
$ (6,095)---------
---------TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY
$ 4,865
$  4,355=========
=========The accompanying notes are an integral part of these consolidated financial statements.

**PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY**

**( Development Stage Companies)**

**CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)**

**For the Three
Months Ended
September 30,**
**For the Three
Months Ended
September 30,**
**For the Nine
Months Ended
September 30,**
**For the Nine
Months Ended
September 30,**
**From Inception
(June 9, 2000) To
September 30,****2001**
**2000**
**2001**
**2000**
**2001**----------
---------
---------
-----------
----------FEES FOR
SERVICES
$ 8,550
$ 32,920
$18,625
$32,920
$57,867DIRECT COST OF
SERVICE
(3,006)
(16,147)
(6,857)
(19,603)
(24,131)-----------
------------
-----------
-----------
------------GROSS PROFIT
5,544
16,773
11,768
13,317
33,736OPERATING
EXPENSESAdvertising
-
4,880
-
4,880
4,880Rent expense
3,750
3,750
11,325
3,750
19,075Legal &
professional
400
-
25,116
-
34,030General &
Administrative
3,340
9,444
5,913
7,393
16,054-------------
-----------
------------
------------
-------------Total Operating
Exps
7,490
18,074
42,354
16,023
74,039-------------
------------
-------------
-------------
------------NET INCOME
(LOSS)BEFORE OTHER
ITEMS
(1,946)
(1,301)
(30,586)
(2,706)
(40,303)OTHER INCOME
(EXPENSE)Interest expense
(230)
(100)
(600)
(170)
(666)-------------
------------
------------
------------
------------NET INCOME
(LOSS)
(2,176)
(1,401)
(31,186)
(2,876)
(40,969)=======
=======
=======
=======
=======EARNINGS PER
SHARE
$(0.00)
$ (0.00)
$ (0.00)
$ (0.00)
$ (0.00)========
=======
=======
=======
=======The accompanying notes are an integral part of these consolidated financial statements.

**PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY**

**( Development Stage Companies )**

**CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)**

**For the Nine Months Ended September 30, 2001 and 2000****2001**
**2000**
**From Inception (June 9,
2000) to September 30, 2001**--------------
--------------
---------------CASH FLOWS FROM
OPERATING ACTIVITIESCash received for services
$18,625
$32,920
$ 57,867Cash paid expenses
(22,743)
(35,786)
(64,299)-----------
-----------
-----------Net cash used in operating
activities
(4,118)
(2,866)
(6,432)-----------
-----------
-----------CASH FLOWS FROM
INVESTING ACTIVITIESCash from acquisition treated
as a recapitalization
-
-
1,497-----------
-----------
-----------CASH FLOWS FROM
FINANCING ACTIVITIESLoans payable and capital
contributed by related party
5,300
4,000
7,300-----------
-----------
-----------NET INCREASE
(DECREASE) IN CASH
1,183
1,134
2,365CASH AT BEGINNING OF
PERIOD
1,182
615
0-----------
-----------
-----------CASH AT END OF PERIOD
$ 2,365
$1,749
$ 2,365======
=======
======RECONCILIATION OF NET
INCOME (LOSS) TO NET
CASH PROVIDED (USED)
BY OPERATING
ACTIVITIESNET INCOME (LOSS)
$(31,186)
$(2,876)
$(40,969)Adjustments to reconcile net(loss) to net cash provided(used) by operating activitiesCommon stock issued for
services
25,000
3,396
28,396Contributed services &
expenses
3,725
-
3,725Changes in assets and
liabilitiesDecrease in prepaid
expenses
-
(1,000)
1,000Decrease (increase) in
refund due - overpaid
commissions
673
(1,800)
-Increase in deposit
-
(2,500)
(2,500)Increase (decrease) in
accounts payable
(3,855)
1,744
2,225Increase in accrued
expenses
1,525
170
1,691---------
---------
---------Total Adjustments
27,068
10
34,537---------
---------
---------NET CASH PROVIDED
(USED) BY OPERATING
ACTIVITIES
$(4,118)
$(2,866)
$(6,432)========
=========
========NONCASH
TRANSACTIONSCommon stock issued for
services
-
-
$28,396=======
=======
=====Common stock issued for
acquisition of Tamasik
Technologies Corporation
-
-
$(6,550)=======
=======
======Contributed services and
expenses
$3,725
-
$ 3,725=======
=======
======The accompanying notes are an integral part of these consolidated financial statements.

**PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY**

(Development Stage Companies)

**NOTES TO CONSOLIDATED FINANCIAL STATEMENTS**

**NOTE   1  -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

Organization  -  Pacific International Holdings, Inc.(Pacific) was organized November 3, 1986 under the laws of the State of
Utah under the name Pine Bird Mining & Milling, Inc. On April 1, 1994, Pacific changed its name to Pacific International
Holding, Inc. The business purpose of Pacific was to seek potential business ventures which would allow for long term growth.
The Company's offices are located in Flushing New York.  Since its inception Pacific has had no operating revenue. Pacific has
elected a fiscal year end of December 31st. Pacific is considered a development stage company as defined in SFAS No. 7. During
November 2000, Pacific acquired Tamasik Technologies Corporation (Tamasik) pursuant to a plan of reorganization through the
issuance 3,395,525 of its common stock for all the issued and outstanding shares of common stock of Tamasik (See note 2)

Pacific and Tamasik have at the present time, not paid any dividends and any dividends that may be paid in the future will
depend upon the financial requirements of Pacific and Tamasik and other relevant factors. Pacific expended all of its assets
during 1993 and has been basically dormant through 1997. Pacific had expenses during 1999 and 1998 which were related to
costs associated with its search for new business, discussions with potential business partners and tentative efforts to merge with
businesses in China. Officers and stockholders of Pacific have been contributing cash and loaning funds to pay expenses
required to maintain it's good standing with the State of Utah and to maintain its existence and to provide working capital for its
activities initiated in 1998. Revenue shown in the consolidated financial statements is from the subsidiary's operations.

Consolidation policy  - The consolidated financial statements at September 30, 2001, include the accounts of Pacific and its
wholly-owned operating subsidiary. Intercompany transactions and balances have been eliminated in consolidation

Net Earnings Per Share  -  The computation of net income (loss) per share of common stock is based on the weighted average
number of shares outstanding during the period presented.

Income Taxes  -  The Company provides for income taxes based on the liability method, which required recognition of deferred
tax assets and liabilities based on differences between financial reporting and tax bases of assets and liabilities measured using
enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse.

Revenue Recognition   -   The Company recognizes revenue for its services at the time the services have been completed.

Cash and Cash Equivalents  -  For purposes of the statement of cash flows, the Company considers all highly liquid debt
instruments purchased with a maturity of three months or less to be cash equivalents.

Use of Estimates  -  The preparation of financial statements in conformity with generally accepted accounting principles 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 financial statements and the reported amounts of revenues and expenses during
the reporting period. Actual results could differ from those estimates.

Advertising - The Company expenses advertising costs as they are incurred.

**NOTE   2  -  PLAN OF REORGANIZATION AND BASIS OF PRESENTATION**

Effective November 10, 2000, Pacific completed a reorganization transaction with and into Tamasik**.**Under the terms of the
transaction all of Tamasik's common stock was exchanged for 3,395,525 shares of common stock of Pacific and Tamasik
became a wholly owned subsidiary of Pacific. Tamasik is a Utah Corporation.  Tamasik was formed to provide via the internet,
online e-commerce solutions to merchants through online auctions and online shopping.  Tamasik also provides web
development and web page design, web hosting, affiliate sales commissions, advertisements, and e-commerce solutions for
merchants.  All of Tamarisk's revenue to date is from fees for the above services.  Tamasik's offices are located in Flushing, New
York. Tamasik is just starting its planned principle operations (the inception of Tamasik was June 9, 2000) and is considered a
development stage company as defined in SFAS No. 7.

At the time of the reorganization, all of Tamasik's common stock was owned by an individual.  Since this individual became a
major stockholder of Pacific  at the time of the reorganization, and the Company was basically dormant, and Tamasik had
revenue, operations and business activity, for financial reporting purposes, Tamasik is considered the acquiror and therefore the
predecessor, and Pacific is considered the acquiree for accounting reporting purposes.  Due to the fact that the reorganization is
being treated as a reverse acquisition, the equity of the Company has been recapitalized for financial reporting purposes.
Operations of Pacific have been included in consolidation from November 1, 2000 to December 31, 2001 and the nine months
ended September 30, 2001.

**NOTE   3  -  EQUITY TRANSACTIONS**

Tamasik on June 9, 2000 issued 3,395,525 shares of $.001 par value common stock at par value in exchange for services which
at the time of exchange were deemed to have a value of $3,396.  These shares were then later exchanged for stock of Pacific
International Holding, Inc. (see note 2).

On June 28, 2001 a registration under Rule S-8 was filed issuing 500,000 shares which were valued at the cost of expenses
incurred and for services rendered.

**NOTE   4  -  COMMITMENTS AND AGREEMENTS**

The Company has leased office space in Flushing, New York at $1,250 per month for twelve months through June 30, 2001;
$1,350 per month through June 30, 2002; and $1,395.50 per month through June 30, 2003.  The Company paid a $2,500 deposit
as a condition of the lease.

As part of some of the contracts for services entered into with clients, the Company has included a one year of free hosting as
part of the fee paid for its services.

**NOTE   5  -  RELATED PARTY TRANSACTIONS**

Of the $24,131 of costs attributed to direct expenses related to service revenue from inception through September 30, 2001,
$10,924 was paid to the Tamasik's President and sole stockholder, at that time,  for his work associated with website design and
engineering.  Also included in the $10,924 amount paid were payments related to the use of equipment owned by the President
and sole stockholder for website design and engineering and other revenue activities provided by Tamasik as described above in
Note 2.

**NOTE   6  -  INCOME TAXES**

The Company will file consolidated Federal and State Corporate tax returns.

Due to losses at December 31, 2000 and 1999 for Pacific and operating losses every year, but one, since inception, no provision
for income taxes have been provided on these financial statements for Pacific. There are no deferred income taxes resulting from
income and expense items being reported for financial accounting and tax reporting purposes in different periods for Pacific or
Tamasik.  Pacific has not filed its Federal tax returns since its inception.  It has no operating loss carryforwards because losses it
has had since inception have not been established for tax purposes by the filing of applicable tax returns.  It is management's
intention to file the required Federal tax returns. The Company has filed its Utah State tax returns.

For tax purposes the Company has an estimated  loss at September 30, 2001 of $2,176, and thus no provision for income taxes
has been made.  The nine month loss can be carried forward to future periods to offset income and expires in the year 2021.  A
valuation allowance for the nine months ended September 30, 2001 of $326 has been established for the tax credit which is not
expected to be realized.

**NOTE   7  -  GOING CONCERN**

Pacific and Tamasik have experienced combined losses from their inceptions through September 30, 2001. The consolidated
entity has limited capital and a working capital deficit of $11,055. The combined Companies to date have not yet generated any
income.  Officers of the Company have been paying expenses of the Company required to maintain it's good standing with the
State of Utah, to maintain it's existence and to pay expenses not covered by its business operations. In light of these
circumstances, the ability of the Company to continue as a going concern is substantially in doubt. The financial statements do
not include any adjustments that might result from the outcome of this uncertainty.

Management plans are to take steps necessary to have its business activities become profitable enough to maintain it existence
and to provide profitable future operations.  To do so the Company may need to raise additional capital through equity or
lending funding.

**NOTE   8  -  NOTES PAYABLE TO OFFICERS AND DIRECTORS**

A Director of the Company has loaned $5,500 to the Company.  The note is due upon demand, unsecured and carries an interest
rate of 10% per annum. An Officer of the Company has loaned $3,800 to the Company. This note is due upon demand,
unsecured and  carries an interest rate of 10% per annum.

**ITEM 2.  PLAN OF OPERATIONS**

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

Plan of Operation

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 September 30, 2001, reflects a
total asset value of $4,865. 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, 2001 through September 30, 2001, the Company has engaged in limited operations from its
website development business, in addition to its efforts in maintaining its reporting status with the SEC and seeking a business
combination. $18,625 in revenues were received by the Company during the nine months ended September 30, 2001.

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 significant 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.**

On June 28, 2001 a registration under Rule S-8 was filed whereby 500,000 shares were issued for expenses incurred and services
rendered.

**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**

In accordance with the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.

PACIFIC INTERNATIONAL HOLDING, INC.

Date: November 14, 2001            By /s/ Kitty Chow

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

Kitty Chow, President**