**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: 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: 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.)**8 East Broadway, Suite 609, Salt Lake City, UT                     84111**

(Address of principal executive offices)                       (Zip Code)

Issuer's telephone number, including area code: **(801) 363-0890**

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 March 31, 2002

Common Stock, $0.001                                           88,400

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 March 31, 2002
and December 31, 2001, and the statements of operations for the three months ended March 31, 2002 and 2001 and the
period from June 9, 2000 to March 31, 2002, and the cash flows for the three months ended March 31, 2002 and 2001, and
the period from June 9, 2000 to March 31, 2002, 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 March 31, 2002 are not necessarily indicative of the results that can be expected for
the year ending December 31, 2002.

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

**( Development Stage Companies)**

**CONSOLIDATED BALANCE SHEETS**

**March 31, 2002 (Unaudited) and December 31, 2001**

**March 31,**
**December 31,****2002**
**2001****ASSETS**CURRENT ASSETS:Cash
$ 1,645
$ 1,035Accounts Receivable
-
1,350________
________Total Current Assets
1,645
2,385________
________OTHER ASSETS:Deposit
-
2,500________
________Total Other Assets
-
2,500________
________TOTAL ASSETS
$ 1,645
$ 4,885========
========**LIABILITIES AND
STOCKHOLDERS' EQUITY**CURRENT LIABILITIES:Accounts payable
$ 2,875
$ 3,704Accrued liabilities
2,764
2,233Note payable to directors
11,800
9,800________
________Total Current Liabilities
17,439
15,737________
________STOCKHOLDERS' EQUITYCommon stock60,000,000 shares authorized, $.001
par value; 88,400 and 8,739,903 shares
issued & outstanding, respectively
88
8,740Capital in excess (discount) of par
value
33,796
24,815Deficit accumulated during
development stage
(49,678)
(44,407)________
________Total Stockholders' Equity (Deficit)
(15,794)
(10,852)________
________TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY
$ 1,645
$  4,885=========
=========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 March 31,**
**For the Three Months
Ended March 31,**
**From Inception (June 9,
2000) To March 31,****2002**
**2001**
**2002**FEES FOR SERVICES
$1,650
$ 6,275
$65,217DIRECT COST OF
SERVICE
(599)
(1,152)
(27,167)________
________
________GROSS PROFIT
1,051
5,123
38,050OPERATING EXPENSESAdvertising
-
-
4,880Rent expense
4,450
3,825
27,338Legal & professional
1,449
3,500
37,119General & Administrative
161
681
17,223________
________
________Total Operating Expenses
6,060
8,006
86,560________
________
________NET INCOME (LOSS)
BEFORE OTHER ITEMS
(5,009)
(2,883)
(48,510)OTHER INCOME
(EXPENSE)Interest expense
(262)
(158)
(1,168)________
________
________NET INCOME (LOSS)
$(5,271)
$(3,041)
$(49,678)=======
=======
=======EARNINGS PER SHARE
$(0.06)
$ (0.04)
$ (2.26)========
=======
=======WEIGHTED AVERAGE
SHARES OUTSTANDING
88,400
83,400
21,985========
=======
=======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 Three Months Ended March 31, 2002 and 2001****2002**
**2001**
**From Inception (June 9,
2000) to March 31, 2002****CASH FLOWS FROM
OPERATING
ACTIVITIES**Cash received for services
$1,650
$6,275
$ 63,867Cash paid expenses
(3,040)
(8,268)
(73,519)________
________
________Net cash used in operating
activities
(1,390)
(1,993)
(9,652)________
________
________**CASH FLOWS FROM
INVESTING ACTIVITIES**Cash from acquisition
treated as a recapitalization
-
-
1,497________
________
________**CASH FLOWS FROM
FINANCING ACTIVITIES**Loans payable and capital
contributed by related party
2,000
3,500
9,800________
________
________**NET INCREASE
(DECREASE) IN CASH**
610
1,507
1,645**CASH AT BEGINNING
OF PERIOD**
1,035
1,182
0________
________
________**CASH AT END OF
PERIOD**
$ 1,645
$2,689
$ 1,645======
=======
======**RECONCILIATION OF
NET INCOME (LOSS) TO
NET CASH PROVIDED
(USED) BY OPERATING
ACTIVITIES**NET INCOME (LOSS)
$(5,271)
$(3,041)
$(49,678)Adjustments to reconcile net
(loss) to net cash provided
(used) by operating activitiesCommon stock issued for
services
-
-
28,396Contributed services &
expenses
330
-
5,195Changes in assets and
liabilities:Decrease in prepaid
expenses
-
-
1,000Decrease in accounts
receivable
1,350
-
-Decrease in deposit
2,500
-
-Increase in refund due -
overpaid commission
-
673
-Increase (decrease) in
accounts payable
(829)
216
2,875Increase in accrued
expenses
530
159
2,560________
________
________Total Adjustments
3,881
1,048
40,026________
________
________**NET CASH PROVIDED
(USED) BY OPERATING
ACTIVITIES**
$(1,390)
$(1,993)
$(9,652)========
=========
========**NONCASH
TRANSACTIONS**Common stock issued for
services
-
-
$28,396=======
=======
=====Common stock issued for
acquisition of Tamasik
Technologies Corporation
-
-
$(6,550)=======
=======
======Labor contributed by related
party
$330
-
$ 5,195=======
=======
======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 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 was 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 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.

Consolidation policy  - The consolidated financial statements at March 31, 2002 and 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 periods 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.  The amounts paid for advertising in the
periods ended March 31, 2002 and 2001 was $0.

**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. All of the
Company's revenue is from its website services provided for customers in the Flushing, New York area.

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 the period ended
March 31, 2002.

**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)

The Company, during June of 2001, authorized the issuance of 500,000 shares of its common stock to pay for services
rendered to it. The shares were granted pursuant to an S-8 registration statement. The services were valued at $.05 per
share, which was deemed to be the fair market value of the shares at issuance,  for a total consideration of $25,000.

On March 22, 2002, the Company effected a 1 for 100 reverse split of its common stock. Shareholders of 100 shares or
less, prior to the reverse, were not affected. All references in the accompanying financial statements to the number of
common shares outstanding and per-share amounts for March 31, 2001 and cumulative from inception, have been restated
to reflect the reverse stock split.

**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. Expenses for the above for the periods ended March 31, 2002 and 2001 were
$4,450 and $3,825 respectively. On February 28, 2002 Tamasik vacated the leased space.

**NOTE   5  -  RELATED PARTY TRANSACTIONS**

****Of the $599 and $1,152 of costs attributed to direct expenses related to service revenue for the periods presented for 2002
and 2001, $330 and $0 were attributed to Tamasik's President,  for his work associated with website design and engineering
and the use of equipment owned by him for website design and engineering and other revenue activities provided by
Tamasik as described above in Note 2.

**NOTE   6  -  INCOME TAXES**

The Company and Tamasik filed a consolidated Federal and State Corporate tax return for the years ended December 31,
2001 and 2000.

Prior to consolidation, Pacific had operating losses every year, but one, since inception, thus no provision for income taxes
were provided in the financial statements for Pacific. Prior to consolidation, and after, there were no deferred income taxes
resulting from income and expense items being reported for financial accounting and tax reporting purposes in different
periods for Pacific and Tamasik.  Pacific has not filed its Federal tax returns since its inception through December 31,
1999.  It has no operating loss carryforwards because losses it has had since inception to December 31, 1999 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 for 2000 forward. The Company has filed its Utah State tax returns.

****The Company for tax purposes has an estimated consolidated losses at December 31, 2001 and 2000 of $34,622 and
$9,785, and thus no provision for income taxes has been made.  The losses can be carried forward to future periods to offset
income and expire in the years 2020 and 2021.  Valuation allowances of $5,193 and $1,468 have been established for the
tax credit which is not expected to be realized. The change in the allowance for 2001 and 2000 is $3,725 and $1,468
respectively. The Company had an interim consolidated loss at March 31, 2002 of $39,893. A valuation allowance of
$5,984 was established at March 31, 2002 for the tax credit that is not expected to be realized.****

**NOTE   7  -  GOING CONCERN**

Pacific and Tamasik have experienced losses from their inceptions through March 31, 2002. The consolidated entity has
limited capital and a working capital deficit of $15,794. The Company to date through it subsidiary has yet to generate any
income from operations.  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 no included 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 DIRECTORS AND STOCKHOLDERS**

****Officers, directors and stockholders of the Company have loaned $11,800 to the Company at March 31, 2002.  These loans
are due upon demand, unsecured and carry interest at a 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 March 31, 2002,
reflects a total asset value of $1,645. 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 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. $1,650 in revenues were received by the Company during the three months ended March 31, 2002.

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 March 22, 2002 the Company effected a 1 for 100 reverse split of its common stock. Shareholders of 100 shares or less,
prior to the reverse, were not affected.

**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: April 30, 2002                      By:    /s/ Kitty Chow

Kitty Chow, President**