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 quarterly period ended September 30, 2003

                                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)

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 October 28, 2003, the Registrant had a total of 17,600,000 shares of
common stock issued and outstanding.

Transitional small business disclosure format:  Yes [ ]  No [X]






<PAGE>


                        TABLE OF CONTENTS

                  PART I: FINANCIAL INFORMATION

Item 1:  Financial Statements.............................................. 3

Item 2:  Plan of Operations ............................................... 8

Item 3:  Controls and Procedures........................................... 9

                    PART II: OTHER INFORMATION

Item 6:  Exhibits and Reports on Form 8-K ................................. 9

Signatures................................................................. 9



                  PART I: FINANCIAL INFORMATION

ITEM 1:  FINANCIAL STATEMENTS

     The financial information set forth below with respect to our statements
of operations for the three and nine month periods ended September 30, 2003
and 2002 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 nine months ended September 30, 2003, are not necessarily indicative
of results to be expected for any subsequent period.



                                2
<PAGE>






                     Pinecrest Services, Inc.

                  (a Development Stage Company)

                       Financial Statements

                        September 30, 2003






                                3
<PAGE>





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


                              ASSETS



                                                     Sept. 30    December 31
                                                        2003         2002
                                                   ------------- -------------
                                                    (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; 17,600,000 shares
  issued and outstanding                                 17,600        17,600

Additional paid-in Capital                               11,400        11,400

Deficit Accumulated During the Development Stage        (59,000)      (59,000)
                                                   ------------- -------------

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

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




                                4
<PAGE>



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





<TABLE>
<CAPTION>
                                                                                          From
                                                                                          inception on
                              For the three  For the three  For the nine   For the nine   March 7,
                              months ended   months ended   months ended   months ended   1986 to
                              Sept. 30,      Sept. 30,      Sept. 30,      Sept. 30,      Sept. 30,
                              2003           2002           2003           2002           2003
                              -------------- -------------- -------------- -------------- ---------------

                           <c>            <c>            <c>            <c>            <c>
REVENUES                      $           -  $           -  $           -  $           -  $            -
                              -------------- -------------- -------------- -------------- ---------------
EXPENSES
  General & Administrative                -         12,000              -         12,000          59,000
                              -------------- -------------- -------------- -------------- ---------------

    TOTAL EXPENSES                        -         12,000              -         12,000          59,000
                              -------------- -------------- -------------- -------------- ---------------

NET INCOME (LOSS)             $           -  $     (12,000) $           -  $     (12,000) $      (59,000)
                              ============== ============== ============== ============== ===============

NET LOSS PER SHARE            $           -  $           -  $           -  $           -  $            -
                              ============== ============== ============== ============== ===============
WEIGHTED AVERAGE SHARES
  OUTSTANDING                    17,600,000     17,502,174     17,600,000     17,169,231      17,041,147
                              ============== ============== ============== ============== ===============



                                        5
</TABLE>
<PAGE>
<TABLE>
<CAPTION>


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


                                                                                        From
                                                                                        Inception on
                                                             For the nine months ended  March 7,
                                                                     Sept. 30,          1986 through
                                                            --------------------------- Sept 30,
                                                                2003             2002   2003
                                                            ------------- ------------- -------------

                                                         <c>           <c>           <c>
Cash Flows from Operating Activities

  Net Loss                                                  $          -  $    (12,000) $    (59,000)
  Less Non-cash Items:
  Depreciation & Amortization                                          -             -        17,000
  Stock issued for services                                            -        12,000        12,000
  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
  Stock issued for services                                 $          -  $     12,000  $     12,000

Cash Paid For:

  Interest                                                  $          -  $          -  $          -
  Income Taxes                                              $          -  $          -  $          -

                                        6


</TABLE>
<PAGE>







                     Pinecrest Services, Inc.
                  (A Development Stage Company)
                Notes to the Financial Statements
                        September 30, 2003


GENERAL
-------

Pinecrest Services, Inc. (the Company) has elected to omit substantially all
footnotes to the financial statements for the nine months ended September 30,
2003 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, 2002.

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.


                                7
<PAGE>

     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 and 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, failure by management to successfully develop business
relationships, competition within the merger and acquisitions market, and our
lack of operations.


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
nine month period ended September 30, 2003, we had no cash on hand and total
current liabilities of $30,000.  These liabilities are related to the
professional services required to prepare our reports and the costs of filing
the reports with the SEC.  We may repay these accounts payable with cash, if
available, or we may convert them into common stock.  Also, if we acquire a
business opportunity we may incur additional reporting expenses related to
proxy or information statements we must provide to our stockholders which
disclose the company to be acquired's business operations, management and
financial condition.

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.

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
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.


                                8

<PAGE>

ITEM 3: CONTROLS AND PROCEDURES

Our President, who acts in the capacity of principal executive officer and
principal financial officer, has reevaluated the effectiveness of our
disclosure controls and procedures as of the end of the period covered by this
report and determined that there continued to be no significant deficiencies
in these procedures.  Also, there were no changes made or corrective actions
to be taken related to our internal control over financial reporting.


                    PART II: OTHER INFORMATION

ITEM 6: EXHIBITS AND REPORTS ON FORM 8-K

Part II Exhibits

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)
31.1    Principal Executive Officer Certification
31.2    Principal Financial Officer Certification
32.1    Section 1350 Certification

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.

                                  PINECREST SERVICES, INC.


                                    /s/ April L. Marino
Date: October 28, 2003          By: _________________________________________
                                    April L. Marino
                                    President, Principal Executive and
                                    Financial Officer and Director


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