(Mark One)

X...Quarterly report under section 13 or 15(d) of the Securities Exchange Act of 1934 for the
quarterly period ended June 30, 2002.

....Transition report under section 13 or 15(d) of the Securities Exchange Act of 1934 for the
transition period from _________ to _________.

EASTON, INC.

(Name of small business in its charter)

|Delaware                                       | 0-32059                  | 59-3516317                       
|---------------------------------------------- | ------------------------ | ---------------------------------
|(State or other jurisdiction of
incorporation) | (Commission File Number) | (IRS Employer Identification
No.)

|545 8th Avenue, Suite 401

New York, NY | 10018     
|--------------------------------------- | ----------
|(Address of Principal Executive Office) | (Zip Code)

Issuer's telephone number:(212) 201-1616

5150 Tamiami Trail North, #202

Naples, FL   34103

(Former Address of Principal Office)



Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the
Securities 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. Yes ..X..  No ....

Applicable only to issuers involved in bankruptcy proceedings during the past five years.

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

Applicable only to corporate issuers

State the number of shares outstanding of each of the issuer's classes of common equity, as of the
latest practicable date.  At June 30, 2002, the following shares were outstanding: 20,007,080
shares.

Transitional Small Business Disclosure Format (Check one):Yes .....     No ..X..

PART 1 - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS AND EXHIBITS

(a) 	The unaudited financial statements of registrant for the six months ended June 30, 2002,
follow.  The financial statements reflect all adjustments which are, in the opinion of
management, necessary to a fair statement of the results for the interim period presented.









|INDEX TO FINANCIAL STATEMENTS: | 
|------------------------------ | 
|                               | 
|Balance Sheet                  | 
|Statement of Operations        | 
|Statements of Cash Flows       | 
|Notes to Financial Statements  | 

|**Easton, Inc.**                                                         |                                                 
|------------------------------------------------------------------------ | ------------------------------------------------
|**(A Development Stage Company)**                                        | ****                                            
|**Balance Sheet**                                                        | ****                                            
|                                                                         |                                                 
|                                                                         |                                                 
|************ASSETS                                                       | ****                                            
|                                                                         |                                                 
|CURRENT ASSETS                                                           |                                                 
|                                                                         | Cash                                            
|                                                                         | Subscription Receivable                         
|                                                                         |                                                 
|                                                                         |                                                 
|                                                                         | Total Current Assets                            
|                                                                         |                                                 
|                                                                         |                                                 
|                                                                         | TOTAL ASSETS                                    
|                                                                         |                                                 
|                                                                         |                                                 
|**LIABILITIES AND STOCKHOLDERS' EQUITY**                                 |                                                 
|                                                                         |                                                 
|                                                                         | CURRENT LIABILITIES                             
|                                                                         | Loan payable and exchanges                      
|                                                                         |                                                 
|                                                                         | TOTAL CURRENT LIABILITIES                       
|                                                                         |                                                 
|                                                                         |                                                 
|                                                                         | STOCKHOLDERS' EQUITY                            
|                                                                         | Common stock - Par value $.001;50,000,000 shares
|                                                                         | shares authorized, 20,007,080 shares issued     
|                                                                         | and outstanding                                 
|                                                                         | Paid - in capital                               
|                                                                         | Deficit accumulated during the development stage
|                                                                         |                                                 
|                                                                         | Total Stockholders' Equity                      
|                                                                         |                                                 
|                                                                         | TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY      
|                                                                         |                                                 
|                                                                         |                                                 
|The accompanying notes are an integral part of the financial statements. |                                                 

|******Easton, Inc**                                                          |      |  | 
|---------------------------------------------------------------------------- | ---- |  | 
|**( A Development stage company )**                                          |      | 
|**Statement of Operations**                                                  | **** |  | 
|**For the initial period from inception (August 19, 1997) to June 30, 2002**

|                         |      |  | **********For the six**   | **For the six**   | **For the three** | **For the three** | **From inception**
|------------------------ | ---- |  | ------------------------- | ----------------- | ----------------- | ----------------- | ------------------
|****                     |      |  | **********months ending** | **months ending** | **months ending** | **months ending** | **08/19/97 to**   
|****                     |      |  | **********06/30/02**      | **06/30/01**      | **06/30/02**      | **06/30/01**      | **06/30/02**      
|****                     |      |  |                           |                   |                   |                   |                   
|                         |      |  |                           |                   |                   |                   |                   
|REVENUE                  | **** |  |                           |                   |                   |                   |                   
|                         |      |  |                           |                   |                   |                   |                   
|Sales                    |      |  | 0                         | 0                 | 0                 | 0                 | 0                 
|                         |      |  |                           |                   |                   |                   |                   
|Cost of Sales            |      |  | 0                         | 0                 | 0                 | 0                 | 0                 
|                         |      |  |                           |                   |                   |                   |                   
|Gross Profit             |      |  | 0                         | 0                 | 0                 | 0                 | 0                 
|                         |      |  |                           |                   |                   |                   |                   
|**EXPENSES**             | **** |  |                           |                   |                   |                   |                   
|                         |      |  |                           |                   |                   |                   |                   
|Selling, general         |      |  |                           |                   |                   |                   |                   
|and administative        |      |  | $           3,849         | 65                | 951               | 65                | $         27,890  
|Provision for income tax |      |  | 0                         |                   |                   |                   |                   
|                         |      |  |                           |                   |                   |                   |                   
|Total Expenses           |      |  | 3,849                     | 65                | 951               | 65                | 27,890            
|                         |      |  |                           |                   |                   |                   |                   
|NET LOSS                 |      |  | (3,849)                   | (65)              | (951)             | (65)              | $        (27,890) 
|                         |      |  |                           |                   |                   |                   |                   
|                         |      |  |                           |                   |                   |                   |                   
|Net loss per share       |      |  | 0.00023                   | 0.0000            | 0.0002            | 0.0000            |                   
|                         |      |  |                           |                   |                   |                   |                   
|Weighted average number  |      |  |                           |                   |                   |                   |                   
|of share outstanding     |      |  | 16,673,747                | 3,602,183         | 16,673,747        | 3,602,183         |                   

|**Easton, Inc.**                                                             |     
|---------------------------------------------------------------------------- | ----
|**(A Development Stage Company)**                                            | ****
|**Statement of Cash Flows**                                                  | ****
|**For the initial period from inception (August 19, 1997) to June 30, 2002**
|                                                                             |     

|                                         |                                                | **For the six**      | **For the six**       | **From inception**
|---------------------------------------- | ---------------------------------------------- | -------------------- | --------------------- | ------------------
|****                                     |                                                | **months ending**    | **months ending**     | **08/19/97 to**   
|****                                     |                                                | **06/30/02**         | **ending 06/31/01**   | **06/309/02**     
|                                         |                                                |                      |                       |                   
|**CASH FLOWS FROM OPERATING ACTIVITIES** |                                                |                     
|                                         |                                                |                      |                       |                   
|                                         | Net Loss                                       | $         (3,849)    | $              (65)   | $         (27,890)
|                                         |                                                |                      |                       |                   
|                                         | Adjustment to reconcile net loss               |                      |                       |                   
|                                         | to net cash used by                            |                      |                       |                   
|                                         | operating activities:                          |                      |                       |                   
|                                         |                                                |                      |                       |                   
|                                         | Increase (Decrease) in Subscription payable    | (6,008)              |                       |                   
|                                         | Increase (Decrease) in Subscription
receivable | (2,709)              | 0                     | (2,709)           
|                                         | Increase in loans payable and exchanges        | 1,000                | 0                     | 1,000             
|                                         |                                                |                      |                       |                   
|                                         | Net cash flows from                            |                      |                       |                   
|                                         | operating activities                           | (11,566)             | (65)                  | (29,599)          
|                                         |                                                |                      |                       |                   
|                                         |                                                |                      |                       |                   
|CASH FLOWS FROM FINANCING ACTIVITIES     |                                                |                     
|                                         |                                                |                      |                       |                   
|                                         | Proceeds from sales                            |                      |                       |                   
|                                         | of Common Stock                                | 10,007               | 573                   | 29,860            
|                                         |                                                |                      |                       |                   
|                                         | Net cash flows from                            |                      |                       |                   
|                                         | financing activities                           | 10,007               | 573                   | 29,860            
|                                         |                                                |                      |                       |                   
|NET INCREASE (DECREASE) IN CASH          |                                                |                      |                      
|AND CASH EQUIVALENTS                     | (1,559)                                        | 508                  | 261                  
|                                         |                                                |                      |                       |                   
|CASH AND CASH EQUIVALENTS                |                                                |                      |                      
|BEGINNING OF PERIOD                      | 1,820                                          | 42                   | 0                    
|                                         |                                                |                      |                       |                   
|CASH AND CASH EQUIVALENTS                |                                                |                      |                      
|END OF PERIOD                            | $              261                             | $                550 | $                 261



|**Easton, Inc.**                                                             |  |  |  |  | 
|---------------------------------------------------------------------------- |  |  |  |  | 
|**(A Development Stage Company)**                                            |  |  |  |  | 
|**Statement of Stockholders' Equity**                                        |  |  |  |  | 
|**For the initial period from inception (August 19, 1997) to June 30, 2002** |  |  |  | 

|                                     |  |            |  |                  |  | Additional |  |            
|------------------------------------ |  | ---------- |  | ---------------- |  | ---------- |  | -----------
|                                     |  |            |  |                  |  | Paid-in    |  | Deficit    
|                                     |  | Shares     |  | Amount           |  | Capital    |  | Accumulated
|                                     |  |            |  |                  |  |            |  |            
|                                     |  |            |  |                  |  |            |  |            
|Common Stock issued for cash for the |  |            |  |                  |  |            |  |            
|period ending December 31, 1997      |  | 670,610    |  | $            671 |  |            |  |            
|                                     |  |            |  |                  |  |            |  |            
|Net loss for the period              |  |            |  |                  |  |            |  |            
|ending December 31, 1997             |  |            |  |                  |  |            |  | (806)      
|                                     |  |            |  |                  |  |            |  |            
|                                     |  |            |  |                  |  |            |  |            
|Net loss for the year                |  |            |  |                  |  |            |  |            
|ending December 31, 1998             |  |            |  |                  |  |            |  | (105)      
|                                     |  |            |  |                  |  |            |  |            
|Common Stock issued for cash for the |  |            |  |                  |  |            |  |            
|year ending December 31, 1999        |  | 1,823,980  |  | 1,824            |  | 3,272      |  |            
|                                     |  |            |  |                  |  |            |  |            
|Net loss for the year                |  |            |  |                  |  |            |  |            
|ending December 31, 1999             |  |            |  |                  |  |            |  | (612)      
|                                     |  |            |  |                  |  |            |  |            
|Common Stock issued for cash for the |  |            |  |                  |  |            |  |            
|year ending December 31, 2000        |  | 4,285,620  |  | 4,285            |  | 4,486      |  |            
|                                     |  |            |  |                  |  |            |  |            
|Net loss for the year                |  |            |  |                  |  |            |  |            
|ending December 31, 2000             |  |            |  |                  |  |            |  | (7,617)    
|                                     |  |            |  |                  |  |            |  |            
|Common Stock issued for cash for the |  |            |  |                  |  |            |  |            
|year ending December 31, 2001        |  | 3,219,790  |  | 3,220            |  | 2,095      |  |            
|                                     |  |            |  |                  |  |            |  |            
|Net loss for the year                |  |            |  |                  |  |            |  |            
|ending December 31, 2001             |  |            |  |                  |  |            |  | (13,776)   
|                                     |  |            |  |                  |  |            |  |            
|Common Stock issued for cash for the |  |            |  |                  |  |            |  |            
|period ending June 30, 2002          |  | 10,007,080 |  | 10,007           |  | 0          |  |            
|                                     |  |            |  |                  |  |            |  |            
|Net loss for the period              |  |            |  |                  |  |            |  |            
|ending June 30, 2002                 |  |            |  |                  |  |            |  | (3,849)    
|                                     |  |            |  |                  |  |            |  |            
|                                     |  |            |  |                  |  |            |  |            
|Balance June 30, 2002                |  | 20,007,080 |  | $       20,007   |  | 9,853      |  | (26,765)   

**Easton, Inc.**

**(A Development Stage Company)**

**********Notes to Financial Statements**



**Note 1 - Organization and Summary of Significant Accounting Policies**

***Organization:***

On August 19, 1997 Easton, Inc. (A Development Stage Company) ("the Company") was
incorporated under the laws of Delaware.  The company may engage in any business, which is
permitted by the General Corporation Law of Delaware.

***Development Stage:***

The Company is currently in the development stage and has no significant operations to date.

***Income Taxes:***

Income taxes are provided for the tax effects of transactions reported in the financial statements and
consist of taxes currently due plus deferred taxes related primarily to differences between the
recorded book basis and tax basis of assets and liabilities for financial and income tax reporting.  The
deferred tax assets and liabilities represent the future tax return consequences of those differences,
which will either be taxable or deductible when the assets and liabilities are recovered or settled.
Deferred taxes are also recognized for operating losses that are available to offset future taxable
income and tax credits that are available to offset federal income taxes.

Based upon the company generating a loss, no provision has been made for Federal Income taxes.



***Statement of Cash Flows:***

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

Cash paid for interest and taxes in the period ended  was $ - 0 -.

***Net (Loss) Per Common Share:***

The net (loss) per common share is computed by dividing the net (Loss) for the period by number
of shares outstanding at June 30, 2002.

**Note 2 - Capital Stock**

***Common Stock:***

The Company initially authorized 10,000,000 shares of common stock with a par value of $.001
each.

Pursuant to an amendment of the Certificate of Incorporation, the company increased the number
of authorized shares from 10 million to 50 million. As of the statement date the company issued
20,007,080 shares.

The company did not declare any dividends as of June 30, 2002.



**Note 3 - Related Party Events**

****The Company presently maintains its principal office at 5150 N. Tamiami Trial #202, Naples, Fl
34103

**Note 4 - Subsequent Events**

The Company is constantly seeking business opportunities and other means of financing to enable
it to complete its business plan.



ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

SPECIAL NOTE OF CAUTION REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this report, including statements in the following discussion, which are
not statements of historical fact, are what are known as "forward-looking statements," which are
basically statements about the future.  For that reason, these statements involve risk and uncertainty
since no one can accurately predict the future.  Words such as "plans," "intends," "will," "hopes,"
"seeks," "anticipates," "expects," and the like, often identify such forward-looking statements, but
are not the only indication that a statement is a forward-looking statement.  Such forward-looking
statements include statements concerning our plans and objectives with respect to the present and
future operations of the Company, and statements which express or imply that such present and
future operations will or may produce revenues, income or profits.  Numerous factors and future
events could cause the Company to change such plans and objectives, or fail to successfully
implement such plans or achieve such objectives, or cause such present and future operations to fail
to produce revenues, income or profits.  Therefore, the  reader is advised that the following
discussion should be considered in light of the discussion of risks and other factors contained in this
report on Form 10QSB and in the Company's other filings with the Securities and Exchange
Commission.  No statements contained in the following discussion should be construed as a
guarantee or assurance of future performance or future results.

GENERAL

On April 29, 2002, the Company entered into a business combination, and as a result, there
was a change in control of the Company.   The transaction which caused the change of control was
the closing under a Stock Purchase Agreement dated February 15, 2002 (the "Stock Purchase
Agreement"),  between Bancorp Intertrade Group, Inc., a Nevada corporation, or its nominees, as
purchasers, Mid-Continental Securities Corp., or its affiliates, as Seller and Easton, Inc.  Under the
terms of the Stock Purchase Agreement, persons designated by Bancorp Intertrade Group, Inc.
purchased a total of 3,201,132 shares, representing approximately 80% of the Company's issued and
outstanding common stock, for a total purchase price of $50,000.00, or approximately $0.01562 per
share.A copy of the Stock Purchase Agreement was filed as an exhibit to the Current Report on
Form 8-K filed with the Securities and Exchange Commission on May 16, 2002, and is incorporated,
along with the Current Report on Form 8-K, in its entirety herein.

As of February 15, 2002, the Company also entered into an Agreement for Share Exchange
with Bancorp pursuant to which the Company agreed to acquire all of the issued and outstanding
common stock of Bancorp in exchange for the issuance of 10,000 shares of the Company's common
stock.A copy of theShare ExchangeAgreement was filed as an exhibit to the Current Report on
Form 8-K filed with the Securities and Exchange Commission on May 16, 2002, and is incorporated
in its entirety herein.

As a condition precedent to closing under both the Stock Purchase Agreement and the
Agreement for Share Exchange, the Company agreed to a recapitalization plan pursuant to which
it reduced the number of issued and outstanding shares of common stock from 10,000,000 to
4,001,416.   The recapitalization was accomplished in two steps.  The first step was the issuance of
a total of 10,007,080 shares of additional common stock to various subscribers, thereby increasing
the issued and outstanding common stock from 10,000,000 shares to 20,007,080.  The second step
was a 1:5 reverse stock split which resulted in a decrease in the issued and outstanding shares from
20,007,080 to 4,001,416.

Following closing under the Stock Purchase Agreement the Company also completed the
closing under the Agreement for Share Exchange with Bancorp.  For purposes of closing under the
Agreement for Share Exchange, the Company issued a total of 10,000 shares of common stock to
acquire all of the issued and outstanding common stock of Bancorp.  Accordingly, following closing
under the Agreement for Share Exchange, the Company had a total of 4,011,416 shares issued and
outstanding and Bancorp was a wholly-owned subsidiary of the Company.

Bancorp is in the business of facilitating credit and asset enhancements for select clients.
Among other things, Bancorp has entered into a management and administrative agreement to
organize, process, manage and administer all files, documents, and correspondence for a  European
financial institution.  Bancorp derives revenue from the payment of fees and through stock ownership
in the financial entities it services.  Bancorp is not a financial or investment advisor.  It does not
manage investments, handle securities transactions or engage in financial transactions on behalf of
customers.Following the acquisition of Bancorp, the Company remains in the development stage.

Liquidity and Capital Resources

As of June 30, 2002, the Company remains in the development stage.  For the period ended
June 30, 2002, the Company's balance sheet reflects current and total assets of $2,970 which is partly
in the form of cash, and partly in the form of a subscription receivable.  The Company has current
liabilities of $1,000.

Plan of Operations

The Company's plan of operations for the next twelve months is to continue to comply with
its periodic reporting obligations under the Securities Exchange Act of 1934 and to begin taking the
steps which are determined to be necessary or appropriate to implement its business plan and
commence business operations.   The initial step in carrying out this plan of operations will be to
raise funds for working capital purposes.

At the present time, the Company has no working capital and has no commitments from
management, current stockholders or any other source to provide it with the funding which will be
needed.  Management is currently exploring various alternative sources which may be available for
obtaining needed working capital, including, but not limited to, either a private or a public offering
of the Company's securities.

Although the Company's working capital needs have increased substantially as a result of
the completion of its business combination with Bancorp,  management is not currently able to
provide an accurate estimate of the Company's working capital needs for the next twelve months.
Simultaneously with its exploration of potential funding sources, management is in the process of
developing a budget which will allow it to make an accurate estimate of these working capital needs.

It will be necessary for management to complete its budgeting process before it can make a
final determination as to which funding sources it believes should be pursued.  However, even after
management has finalized its budget and identified potential funding sources it intends to pursue,
there is no assurance that the Company will be able to successfully obtain the working capital it
needs in order to carry out its plan of operations.

PART II - OTHER INFORMATION

ITEM 1.	LEGAL PROCEEDINGS

None.

ITEM 2.	CHANGES IN SECURITIES AND USE OF PROCEEDS

None.

ITEM 3.	DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On March 22, 2002, a Special Meeting of Shareholders was held at the Company's offices
at 5150 Tamiami Trail North, Suite 202, Naples, Florida  34103.

At the Special Meeting, the shareholders voted to approve an amendment of the Company's
Articles of Incorporation to increase its authorized capital stock from 10,000,000 shares of $0.001
par value common stock  to 100,000,000 shares of $0.001 par value common stock and to add
5,000,000 shares of $0.001 par value preferred stock.  They also voted to ratify the prior action by
the Board of Directors approving a 1:5 reverse split of the Company's issued and outstanding
common stock.

ITEM 6.	EXHIBITS AND REPORTS ON FORM 8-K.

(a)Exhibits 99.1 and 99.2**,**CEO AND CFO CERTIFICATION PURSUANT TO 18
U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE
SARBANES-OXLEY ACT OF 2002****are filed herewith.

(b)	A report on Form 8-K was filed with the Securities and Exchange Commission on
May 16, 2002 to announce a change in control and the acquisition of a wholly-owned
subsidiary.

(c)	An amended report on Form 8-K/A was filed with the Securities and Exchange
Commission on July 12, 2002 to announce a change in control and the acquisition of
a wholly-owned subsidiary.

SIGNATURES

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

EASTON, INC.

By: /S/TOMMY K. HILL

Tommy K. Hill, CEO, President and  Director

By: /S/STEWART SYTNER

Stewart Sytner, Chief Operating Officer and Director

By: /S/BERNARD SCHNITZLER

Bernard Schnitzler, Secretary, Treasurer and Director



By: /S/MILTON MILLER

Milton Miller, Chief Financial Officer and Director

By: /S/DAVID MICHAEL HOLBROOK

David Michael Holbrook, Director





Date: September 12, 2002



Exhibit 99.1
EASTON, INC.
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Easton, Inc. (the "Company") on Form 10-QSB for the
period ending June 30, 2002, as filed with the Securities and Exchange Commission on the date
hereof (the "Report"), I, Tommy K. Hill, Chief Executive Officer of the Company, certify, pursuant
to 18 U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities
Exchange Act of 1934; and
(2) The information contained in the Report fairly presents, in all material respects, the financial
condition and result of operations of the Company.By: /S/ TOMMY K. HILL

Tommy K. Hill, Chief Executive OfficerDate: September 12, 2002



Exhibit 99.2
EASTON, INC.
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Easton, Inc. (the "Company") on Form 10-QSB for the
period ending June 30, 2002, as filed with the Securities and Exchange Commission on the date
hereof (the "Report"), I, Milton Miller, Chief Financial Officer of the Company, certify, pursuant
to 18 U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities
Exchange Act of 1934; and
(2) The information contained in the Report fairly presents, in all material respects, the financial
condition and result of operations of the Company.

By: /S/ MILTON MILLER

Milton Miller, Chief Financial OfficerDate:   September 12, 2002