UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB

[X]    Quarterly Report Under Section 13 or 15(d) of the Securities Exchange
       Act of 1934

               For quarter ended:   March 31, 2002

                                OR

[ ]    Transition Report Pursuant to Section 13 or 15(d) of the Securities
       Exchange Act of 1934


                   Commission File No.000-30951

                     PINECREST SERVICES, INC.
      (Exact name of registrant as specified in its charter)

            Nevada                                       67-0695367
      (State of incorporation)            (I.R.S. Employer Identification No.)

                   #584, 3359 South Main Street
                    Salt Lake City, Utah 84115
                          (801) 323-2395
 (Address and telephone number of principal executive offices and
                   principal place of business)

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.  Yes  [ X ]   No  [   ]

     As of April 26, 2002, the Registrant had a total of 17,000,000 shares of
common stock issued and outstanding.

<PAGE>

                  PART I: FINANCIAL INFORMATION

ITEM 1:  FINANCIAL STATEMENTS

     The financial information set forth below with respect to our statements
of operations for the three month periods ended March 31, 2002 and 2001 is
unaudited.  This financial information, in the opinion of management, includes
all adjustments consisting of normal recurring entries necessary for the fair
presentation of such data.  The results of operations for the three months
ended March 31, 2002, are not necessarily indicative of results to be expected
for any subsequent period.







                                2
<PAGE>













                     Pinecrest Services, Inc.
                  (A Development Stage Company)
                       Financial Statements
                          March 31, 2002





<PAGE> 3



                     Pinecrest Services, Inc.
                   (A Development Stage Company)
                          Balance Sheets



                              ASSETS
                                                    March 31    December 31
                                                      2002         2001
                                                  ------------- -------------
                                                   (Unaudited)
CURRENT ASSETS                                    $          -  $          -
                                                  ------------- -------------

  TOTAL ASSETS                                    $          -  $          -
                                                  ============= =============


               LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts Payable - Related party                  $     30,000  $     30,000
                                                  ------------- -------------

   Total Liabilities                                    30,000        30,000
                                                  ------------- -------------


STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; 20,000,000
  shares authorized; 17,000,000 shares
  issued and outstanding                                17,000        17,000

Deficit Accumulated During the Development Stage       (47,000)      (47,000)
                                                  ------------- -------------

  Total Stockholders' Equity (deficit)                 (30,000)      (30,000)
                                                  ------------- -------------

  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY      $          -  $          -
                                                  ============= =============



<PAGE> 4







                     Pinecrest Services, Inc.
                  (A Development  Stage Company)
                     Statement of Operations
                           (Unaudited)

                                                                 From
                                                                 inception on
                                     For the three For the three March 7,
                                     months ended  months ended  1986, to
                                     March 31,     March 31,     March 31,
                                     2002          2001          2002
                                     ------------- ------------- -------------
REVENUES                             $          -  $          -  $          -
                                     ------------- ------------- -------------

EXPENSES
  General & Administrative                      -             -        47,000
                                     ------------- ------------- -------------

    TOTAL EXPENSES                              -             -        47,000
                                     ------------- ------------- -------------

NET INCOME (LOSS)                    $          -  $          -  $    (47,000)
                                     ============= ============= =============

NET LOSS PER SHARE                   $          -  $          -  $          -
                                     ============= ============= =============

WEIGHTED AVERAGE SHARES OUTSTANDING    17,000,000    17,000,000    17,000,000
                                     ============= ============= =============



<PAGE> 5


                     Pinecrest Services, Inc.
                  (A Development Stage Company)
                     Statement of Cash Flows
                           (Unaudited)


                                                                 From
                                                                 inception on
                                     For the three For the three March 7,
                                     months ended  months ended  1986, through
                                     March 31,     March 31,     March 31,
                                     2002          2001          2002
                                     ------------- ------------- -------------
Cash Flows from Operating Activities
  Net Loss                           $          -  $          -  $    (47,000)
  Less  Non-cash Items:
  Depreciation & Amortization                   -             -        17,000
  Increase  in Accounts Payable                 -             -        30,000
                                     ------------- ------------- -------------

  Net Cash Provided (Used) by
   Operating Activities                         -             -             -
                                     ------------- ------------- -------------

Cash Flows from Investing Activities            -             -             -
                                     ------------- ------------- -------------
  Net Cash Provided (Used) by
   Investing Activities                         -             -             -
                                     ------------- ------------- -------------

Cash Flows from Financing Activities            -             -             -
                                     ------------- ------------- -------------
  Net Cash Provided (Used) by
   Financing Activities                         -             -             -
                                     ------------- ------------- -------------
Increase (Decrease) in Cash                     -             -             -
                                     ------------- ------------- -------------
Cash and Cash Equivalents at
 Beginning of Period                            -             -             -
                                     ------------- ------------- -------------
Cash and Cash Equivalents at
 End of Period                       $          -  $          -  $          -
                                     ============= ============= =============


Supplemental Cash Flow Information:

  Stock issued for marketing rights  $          -  $          -  $     17,000

Cash Paid For:
  Interest                           $          -  $          -  $          -
  Income Taxes                       $          -  $          -  $          -





<PAGE> 6

                     Pinecrest Services, Inc.
                  (A Development Stage Company)
                Notes to the Financial Statements
                          March 31, 2002


GENERAL
-------

Pinecrest Services, Inc. (the Company) has elected to omit substantially all
footnotes to the financial statements for the three months ended March 31,
2002 since there have been no material changes (other than indicated in other
footnotes) to the information previously reported by the Company in their
Annual Report filed on the Form 10-KSB for the twelve months ended December
31, 2001.

UNAUDITED INFORMATION
---------------------

The information furnished herein was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments
which are, in the opinion of management, necessary to properly reflect the
results of the interim period presented.  The information presented is not
necessarily indicative of the results from operations expected for the full
fiscal year.








<PAGE> 7

     In this report references to "Pinecrest," "we," "us," and "our" refer to
Pinecrest Services, Inc.

                    FORWARD LOOKING STATEMENTS

     This Form 10-QSB contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.  For this
purpose any statements contained in this Form 10-QSB that are not statements
of historical fact may be deemed to be forward-looking statements.  Without
limiting the foregoing, words such as "may," "will," "expect," "believe,"
"anticipate," "estimate" or "continue" or comparable terminology are intended
to identify forward-looking statements.  These statements by their nature
involve substantial risks and uncertainties, and actual results may differ
materially depending on a variety of factors, many of which are not within
Pinecrest's control.  These factors include but are not limited to economic
conditions generally and in the industries which Pinecrest may participate;
competition within Pinecrest's chosen market and failure by Pinecrest to
successfully develop business relationships.


ITEM 2:   PLAN OF OPERATIONS

     We are a development stage company with no assets and recurring losses
from inception and we are dependent upon financing to continue operations.
For the three month period ended March 31, 2002, we had no cash on hand and
total current liabilities of $30,000.  The $30,000 note payable is related to
legal and accounting fees incurred during 1999 which were paid on our behalf
by a related party.

     We have no material commitments for the next twelve months.  We believe
that our current cash needs for at least the next twelve months can be met by
loans from our directors, officers and shareholders, based on understandings
we have with these persons.  However, these understandings are not formal
agreements and therefore these persons are not obligated to provide funds.  We
may repay any loans, costs of services and advancements with cash, if
available, or we may convert them into common stock.  If we obtain a business
opportunity, then it may be necessary to raise additional capital, which may
be accomplished by selling our common stock.

      Our management intends to actively pursue business opportunities during
the next twelve months.  Based on current economic and regulatory conditions,
management believes that it is possible, if not probable, for a company like
ours, without many assets or liabilities, to negotiate a merger or acquisition
with a viable private company.  The opportunity arises principally because of
the high legal and accounting fees and the length of time associated with the
registration process of "going public."  However, should any of these
conditions change, it is very possible that there would be little or no
economic value for anyone taking over control of Pinecrest.  As of the date of
this filing, we have not identified any assets or business opportunities for
acquisition.

     Potential investors must recognize that because of our limited capital
available for investigation and management's limited experience in business
analysis we may not discover or adequately evaluate adverse facts about the
business opportunity to be acquired.  All risks inherent in new and
inexperienced enterprises are inherent in our business.  Investors should
expect that any acquisition candidate may have little or no operating history,
or a history of losses or low profitability.  Also, we can not assure that we
will be able to acquire the business opportunity, not that it will ultimately
prove to be beneficial to Pinecrest and our shareholders.

     It is emphasized that our management may effect transactions having a
potentially adverse impact upon our shareholders pursuant to the authority and
discretion of our management to complete acquisitions without submitting any
proposal to the stockholders for their consideration.

     Should a merger or acquisition prove unsuccessful, it is possible that we
may decide not to pursue further acquisition activities and management may
abandon its activities and our shares would become worthless.


                                9
<PAGE>



                    PART II: OTHER INFORMATION

ITEM 6: EXHIBITS AND REPORTS ON FORM 8-K

(a) Part II Exhibits.

Exhibit
Number             Description
-------            -----------

3.1               Articles of Incorporation, dated February 10, 1999
                  (Incorporated by reference to exhibit 3.1 of the Form 10-SB
                  File No. 000-30951, filed July 6, 2000)

3.2               Bylaws  (Incorporated by reference to exhibit 3.3 of the
                  Form 10-SB File No. 000-30951, filed July 6, 2000)

(b)  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, who is duly
authorized.

        4/30/02
Date_________________________     Pinecrest Services, Inc.


                                     /s/ April L. Marino
                                By: _________________________________________
                                     April L. Marino, President and Director