UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   Form 10-QSB



(Mark one)

  X       QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
-----     ACT OF 1934

                For the quarterly period ended November 30, 2001

          TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
-----     ACT OF 1934

                For the transition period from _____________ to _____________



                        Commission File Number: 000-30779
                                                ---------


                        Shimoda Resources Holdings, Inc.
        (Exact name of small business issuer as specified in its charter)

         Nevada                                                 75-2843787
------------------------                                ------------------------
(State of incorporation)                                (IRS Employer ID Number)

             1555 Flamingo Road, Suite 155, Las Vegas, Nevada 89119
                    (Address of principal executive offices)

                                  203-563-9430
                           (Issuer's telephone number)

                               ElPlata Corporation
              (Former name, former address and former 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. YES X  NO
                                                             ---   ---

State the number of shares outstanding of each of the issuer's classes of common
equity as of the  latest  practicable  date:  As of August  31,  2001 there were
166,893 shares of Common Stock issued and outstanding.

Transitional Small Business Disclosure Format (check one):    YES    NO X
                                                                 ---   ---


<PAGE>

                        Shimoda Resources Holdings, Inc.

               Form 10-QSB for the Quarter ended November 30, 2001

                                Table of Contents


                                                                            Page
                                                                            ----
Part I - Financial Information

  Item 1 Financial Statements                                                 3

  Item 2 Management's Discussion and Analysis or Plan of Operation            9


Part II - Other Information

  Item 1 Legal Proceedings                                                   10

  Item 2 Changes in Securities                                               10

  Item 3 Defaults Upon Senior Securities                                     10

  Item 4 Submission of Matters to a Vote of Security Holders                 10

  Item 5 Other Information                                                   10

  Item 6 Exhibits and Reports on Form 8-K                                    10


Signatures                                                                   11

                                                                               2

<PAGE>

1 - Part 1 - Financial Statements

                        Shimoda Resources Holdings, Inc.
                         (formerly ElPlata Corporation)
                     (formerly El Plata Mining Corporation)
                                 Balance Sheets
                           November 30, 2001 and 2000

                                   (Unaudited)

                                                         Nov 30,       Nov 30,
                                                          2001          2000
                                                       ----------    ----------
                                     ASSETS
                                     ------
Current assets
   Cash on hand and in bank                            $   300.19    $ 6,579.47
                                                       ----------    ----------

   Total Assets                                        $   300.19    $ 6,579.47
                                                       ==========    ==========



                      LIABILITIES AND SHAREHOLDERS' EQUITY
                      ------------------------------------
Liabilities
   Current liabilities
     Accounts payable - trade                          ($  259.19)   ($  735.79)
                                                       ----------    ----------

   Total Liabilities                                   ($  259.19)   ($  735.79)
                                                       ----------    ----------


Commitments and contingencies


Shareholders' equity (deficit)
   Common stock - $0.001 par value
     100,000,000 shares authorized
     166,893 shares issued and outstanding               5,000.00      5,000.00
   Additional paid-in capital                           72,025.67     56,828.00
   Accumulated deficit                                 (76,466.29)   (54,512.74)
                                                       ----------    ----------

   Total Shareholders' Equity (Deficit)                    559.38      7,315.26
                                                       ----------    ----------

   Total Liabilities and Shareholders' Equity          $   300.19    $ 6,579.47
                                                       ==========    ==========


The  financial  information  presented  herein has been  prepared by  management
without audit by independent  certified  public  accountants.  See  Accountant's
Review Report.
The accompanying notes are an integral part of these financial statements.  Item


                                                                               3
<PAGE>


                        Shimoda Resources Holdings, Inc.
                         (formerly ElPlata Corporation)
                      (formerly ElPlata Mining Corporation)
                Statements of Operations and Comprehensive Income
                  Three months ended November 30, 2001 and 2000

                                   (Unaudited)

                                           Three months     Three months
                                              ended            ended
                                              Nov 30,          Nov 30,
                                                 2001             2000
                                           -------------    -------------

Revenues                                   $      --      $        --
                                           -------------    -------------

Expenses
   General and administrative expenses         10,896.54             --
                                           -------------

     Total operating expenses                  10,896.54             --
                                           -------------    -------------

Loss from Operations                          (10,896.54)            --

Other income
   Interest income                                  --              62.03
                                           -------------    -------------

Other Expense
   Interest Expense                                42.76             --
                                           -------------    -------------

Income (Loss) before
   provision for income taxes                 (10,939.30)           62.03

Provision for Income Taxes                          --               --
                                           -------------    -------------
Net Income (Loss)                             (10,939.30)           62.03

Other Comprehensive Income                          --               --
                                           -------------    -------------

Comprehensive Income (Loss)                $  (10,939.30)   $       62.03
                                           =============    =============


Earnings (Loss) per share of common
   stock outstanding computed on net
   income - basic and fully diluted        $       (0.07             )nil
                                           =============    =============

Weighted-average number of shares
   outstanding - basic and fully diluted         166,893        4,591,241
                                           =============    =============


The  financial  information  presented  herein has been  prepared by  management
without audit by independent certified public accountants.
The accompanying notes are an integral part of these financial statements.


                                                                               4
<PAGE>
<TABLE>
<CAPTION>


                        Shimoda Resources Holdings, Inc.
                         (formerly ElPlata Corporation)
                      (formerly ElPlata Mining Corporation)
                            Statements of Cash Flows
                    Three months ended Nov 30, 2001 and 2000

                                   (Unaudited)

                                                                  Three months    Three months
                                                                      ended           ended
                                                                     Nov 30,         Nov 30,
                                                                       2001            2000
                                                                  ------------    ------------
<S>                                                               <C>             <C>
Cash Flows from Operating Activities
   Net income (loss) for the period                               $  (10,939.30)  $      62.03
   Adjustments to reconcile net loss
     to net cash provided by operating activities
       Increase (Decrease) in
         Accounts payable - trade                                      (259.19)        (840.79)
                                                                  ------------    ------------

Net cash provided by operating activities                           (11,198.49)        (778.76)


Cash Flows from Investing Activities                                      --              --
                                                                  ------------    ------------


Cash Flows from Financing Activities
   Additional Paid-in-Capital: Shimoda Capital (USA), Inc.            3,504.89            --
   Additional Paid-in-Capital: Shimoda Capital Advisors Limited       7,976.16            --

Net cash provided by financing activities                            11,481.05            --
                                                                  ------------    ------------

Increase (Decrease) in Cash                                             282.56         (778.76)

Cash at beginning of period                                              17.63        7,358.23
                                                                  ------------    ------------

Cash at end of period                                                   300.19    $   6,579.47
                                                                  ============    ============


Supplemental Disclosure of Interest and Income Taxes Paid
     Interest paid for the year                                   $      42.76    $       --
                                                                  ============    ============
     Income taxes paid for the year                               $       --      $       --
                                                                  ============    ============
</TABLE>

The  financial  information  presented  herein has been  prepared by  management
without audit by independent certified public accountants.
The accompanying notes are an integral part of these financial statements.


                                                                               5
<PAGE>

                        Shimoda Resources Holdings, Inc.
                         (formerly ElPlata Corporation)
                      (formerly ElPlata Mining Corporation)

                          Notes to Financial Statements


Note A - Organization and Description of Business

Shimoda Resources  Holdings,  Inc. (Company) was incorporated as El Plata Mining
Corporation  under  the laws of the State of Nevada  on  February  23,  1973 and
restated its Articles of  Incorporation on September 30, 1999. The September 30,
1999  restatement  changed  the  Company's  authorized  number  of  shares  from
20,000,000 to 100,000,000  and changed the stated par value per share from $0.05
per  share to $0.001  per share and  changed  the  Company's  corporate  name to
ElPlata  Corporation.  In  anticipation of a proposed  transaction,  the Company
changed its corporate name to Shimoda  Resources  Holdings,  Inc. in April 2001.
The  effect of all these  actions is  reflected  in the  accompanying  financial
statements as of the first day of the first period presented.

The Company follows the accrual basis of accounting in accordance with generally
accepted accounting principles and has a fiscal year-end of August 31.

The Company's initial activities were to have quiet and exclusive  possession of
the un-patented  lode mining claims on certain  property located in Elko County,
Nevada, together with a right to examine,  sample, drill, develop, mine, extort,
process and market from the claims all of the metal ores, minerals and materials
of  whatsoever   nature  or  sort,  except  oil  and  gas.  These  efforts  were
unsuccessful  and were  abandoned  prior to August 31,  1989,  at which time the
Company became dormant.

The Company has had no operations,  assets or liabilities  since its fiscal year
ended August 31, 1990.  Accordingly,  the Company is dependent  upon  management
and/or  significant  shareholders  to  provide  sufficient  working  capital  to
preserve the integrity of the corporate entity at this time. It is the intent of
management and significant  shareholders to provide  sufficient  working capital
necessary to support and preserve the integrity of the corporate entity.

During interim periods, the Company follows the accounting policies set forth in
its annual  audited  financial  statements  filed with the U. S.  Securities and
Exchange  Commission  on its  Annual  Report on Form  10-KSB  for the year ended
August 31,  2001.  The  information  presented  within these  interim  financial
statements  may not  include all  disclosures  required  by  generally  accepted
accounting  principles  and the  users of  financial  information  provided  for
interim periods should refer to the annual  financial  information and footnotes
when reviewing the interim financial results presented herein.

In the opinion of management,  the accompanying  interim  financial  statements,
prepared  in  accordance  with the U.S.  Securities  and  Exchange  Commission's
instructions   for  Form  10-QSB,   are   unaudited  and  contain  all  material
adjustments,  consisting  only of  normal  recurring  adjustments  necessary  to
present fairly the financial condition,  results of operations and cash flows of
the Company for the respective  interim  periods  presented.  The current period
results of operations are not necessarily  indicative of results that ultimately
will be reported for the full fiscal year ending August 31, 2002.

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.


                                                                               6
<PAGE>


                        Shimoda Resources Holdings, Inc.
                         (formerly ElPlata Corporation)
                      (formerly ElPlata Mining Corporation)

                    Notes to Financial Statements - Continued


Note B - Summary of Significant Accounting Policies

1. Cash and cash equivalents
   -------------------------

     For  Statement of Cash Flows  purposes,  the Company  considers all cash on
     hand  and  in  banks,  including  accounts  in  book  overdraft  positions,
     certificates of deposit and other highly-liquid investments with maturities
     of three months or less, when purchased, to be cash and cash equivalents.

2. Income Taxes
   ------------

     The Company is liable for and has provided for corporate  federal and state
     taxes.

3. Income (Loss) per share
   -----------------------

     Basic  earnings  (loss) per share is computed  by  dividing  the net income
     (loss) by the weighted-average  number of shares of common stock and common
     stock  equivalents  (primarily  outstanding  options and warrants).  Common
     stock equivalents  represent the dilutive effect of the assumed exercise of
     the  outstanding  stock  options and  warrants.  The  calculation  of fully
     diluted  earnings  (loss)  per share  assumes  the  dilutive  effect of the
     exercise of outstanding options and warrants at either the beginning of the
     respective period presented or the date of issuance, whichever is later. As
     of November 30, 2001 and 2000, respectively, the Company has no outstanding
     stock warrants,  options or convertible securities that could be considered
     as dilutive for purposes of the loss per share calculation.


Note C - Fair Value of Financial Instruments

The carrying amount of cash,  accounts  receivable,  accounts  payable and notes
payable, as applicable,  approximates fair value due to the short term nature of
these items  and/or the current  interest  rates  payable in relation to current
market conditions.


Note D - Common Stock Transactions

On September 5, 2001,  the Company  affected a 30 to 1 reverse stock split.  The
retroactive effect of this split has been reflected for all periods presented.


                                                                               7
<PAGE>

                        Shimoda Resources Holdings, Inc.
                         (formerly ElPlata Corporation)
                      (formerly ElPlata Mining Corporation)

                    Notes to Financial Statements - Continued


Note E - Income Taxes

The  components  of income tax  (benefit)  expense  for the three  months  ended
November 30, 2001 and 2000, respectively, are as follows:




                                                     Three months   Three months
                                                         ended         ended
                                                        Nov 30,       Nov 30,
                                                          2001           2000
                                                     ------------   ------------
     Federal:
       Current                                       $       --     $       --
       Deferred                                              --             --
                                                     ------------   ------------
                                                             --             --
                                                     ------------   ------------
     State:
       Current                                               --             --
       Deferred                                              --             --
                                                     ------------   ------------
                                                             --             --
                                                     ------------   ------------
       Total                                         $       --     $       --
                                                     ============   ============



The  Company's  income tax expense for the three  months  ended Nov 30, 2001 and
2000, respectively, are as follows:



                                                     Three months   Three months
                                                         ended          ended
                                                        Nov 30,        Nov 30,
                                                          2001           2000
                                                     ------------   ------------
Statutory rate applied to loss before income taxes           --             --
Increase (decrease) in income taxes resulting from:
    State income taxes                                       --             --
    Other, including reserve for deferred tax asset          --             --
                                                     ------------   ------------

    Income tax expense                               $       --     $       --
                                                     ============   ============


                                                                               8
<PAGE>



Part I - Item 2

Management's  Discussion  and  Analysis of  Financial  Condition  and Results of
Operations

(1)  Caution Regarding Forward-Looking Information

This  quarterly   report  contains   certain   forward-looking   statements  and
information relating to the Company that are based on the beliefs of the Company
or management as well as assumptions made by and information currently available
to  the  Company  or  management.   When  used  in  this  document,   the  words
"anticipate,"   "believe,"   "estimate,"   "expect"  and  "intend"  and  similar
expressions,  as they relate to the Company or its  management,  are intended to
identify forward-looking statements. Such statements reflect the current view of
the  Company   regarding  future  events  and  are  subject  to  certain  risks,
uncertainties  and  assumptions,  including the risks and  uncertainties  noted.
Should  one or more of  these  risks or  uncertainties  materialize,  or  should
underlying assumptions prove incorrect,  actual results may vary materially from
those  described  herein  as  anticipated,   believed,  estimated,  expected  or
intended. In each instance,  forward-looking information should be considered in
light of the accompanying meaningful cautionary statements herein.


(2)  Plan of Operation, Results of Operations, Liquidity and Capital Resources

The current  management  group  intends to actively  seek,  investigate  and, if
warranted,  acquire  an  interest  in  one or  more  business  opportunities  or
ventures. As of the end of the last fiscal year, the Company had divested itself
of all operating assets.

It is the  intent  of the  Corporation's  management  to  continue  seeking  new
investors  and  to  continue  to  seek  a  suitable   situation  for  merger  or
acquisition,  particularly,  to pursue the acquisition of resource  licenses and
resource companies that are based in Eastern Europe. (See 10-KSB For Fiscal Year
2000-2001 for further details)

The Company has engaged in no significant  operations other than  organizational
activities,  fund raising and  preparation  for  registration  of its securities
under the Securities Exchange Act of 1934, as amended, since August 31, 1989.

For the three months ended November 30, 2001 and 2000, respectively, the Company
incurred net  operating  losses as a result of expenses  principally  associated
with registration and compliance with reporting obligations under The Securities
Exchange Act of 1934,  and other  administrative  expenses  associated  with the
maintenance  of the  Company's  issued and  outstanding  stock  records  and the
preparation  of  certain  documents  to support  the  Corporation.  The  Company
anticipates  that until a business  combination is completed with an acquisition
candidate,  it will not  generate  revenues.  The Company  may also  continue to
operate at a loss after  completing a business  combination,  depending upon the
performance of the acquired business.

It  is  the  intent  of  management  and  significant  stockholders  to  provide
sufficient  working  capital to preserve the integrity of the corporate  entity,
however,  there  are no  commitments  to  provide  additional  funds and no such
commitments have been made by management or other stockholders,  and the Company
has no plans, proposals, arrangements or understandings with respect to the sale
or  issuance  of  additional  securities  prior to the  location  of a merger or
acquisition  candidate.   Accordingly,  there  can  be  no  assurance  that  any
additional  funds  will be  available  to the  Company  to allow it to cover its
expenses.  Notwithstanding the forgoing, to the extent that additional funds are
required,  the Company anticipates  receiving such funds in the form of advances
from  current  shareholders  without  issuance  of  additional  shares  or other
securities,  or through the private  placement of restricted  securities  rather
than through a public offering. (See Part II, Item 5)

Regardless of whether the  Company's  cash assets prove to be inadequate to meet
the Company's  operational needs, the Company might seek to compensate providers
of services by issuances of stock in lieu of cash.


                                                                               9
<PAGE>


Part II - Other Information

Item 1 - Legal Proceedings

The  Company  is not a  party  to any  pending  legal  proceedings,  and no such
proceedings are known to be contemplated.

Item 2 - Changes in Securities

On September 5, 2001,  the Company  affected a 30 to 1 reverse stock split.  The
retroactive effect of this split has been reflected for all periods presented

Item 3 - Defaults on Senior Securities

None

Item 4 - Submission of Matters to a Vote of Security Holders

None

Item 5 - Other Information

On October 1, 2001, the Company signed an Administrative Services Agreement (the
"Agreement") with Shimoda Capital (USA), Inc.  ("Shimoda  Capital"),  of Wilton,
Connecticut.   Under  the  Agreement,   Shimoda  Capital  will  provide  general
administrative  services,   including  mail,  telephone,  legal  and  accounting
liaison, and mailing and fax addresses and numbers. Compensation will consist of
a flat monthly fee of US$5,000,  plus  reimbursement for out of pocket expenses.
Billing to begin upon provision of services.

On October 29,  2001,  the  Company  commenced  an offering of up to  12,000,000
shares of Common Stock pursuant to the private placement  exemption available in
Regulation S  promulgated  under the  Securities  Act of 1933,  as amended.  The
Shares will be offered on a "best-efforts" basis by the officers,  employees and
directors of the Company, and may be offered by independent referral sources and
through  placement agents selected by the Company who may be registered  members
of the National Association of Securities Dealers,  Inc. The Shares will only be
sold to non-U.S.  persons  outside of the United States in accordance  with Rule
903 of Regulation S promulgated under the Securities Act of 1933, as amended.

Item 6 - Exhibits and Reports on Form 8-K

Effective  October 31,  2001,  the  Company  has  dismissed  its  Auditor,  S.W.
Hattfield,  CPA and has appointed Stonefield Josephson,  Inc. as its new Auditor
pursuant  to a vote and  resolution  by the Board of  Directors  and  subsequent
ratification by a majority of the Company's shareholders.

It is noted that the  Company  has  changed  Auditors  in the  normal  course of
business and has engaged a larger firm with  greater  resources  and  experience
than its previous Auditor.

Each of S.W. Hatfield's audit reports for the previous two years did not contain
an adverse  opinion.  However each opinion was qualified due to uncertainty  and
contained the following language:

"The  accompanying  financial  statements  have been prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note A to the
financial statements, the Company has no viable operations or significant assets
and is dependent upon  significant  shareholders to provide  sufficient  working
capital to maintain the integrity of the corporate entity.  These  circumstances
create  substantial  doubt  about the  Company's  ability to continue as a going
concern and are discussed in Note A. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

In  connection  with their  audits for the two most recent  fiscal years and any
subsequent  interim  period  preceding the dismissal on October 31, 2001,  there
were no  disagreements  with the former  accountant  on any matter of accounting


                                                                              10
<PAGE>

principles or practices,  financial statement  disclosure,  or auditing scope or
procedure, which disagreement, if not resolved to the satisfaction of the former
accountant,  would have caused it to make reference to the subject matter of the
disagreements  in  connection  with its report on the financial  statements  for
those years."


Exhibits - None
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,  thereunto  duly
authorized.

                                             Shimoda Resources Holdings, Inc.


January 24, 2001                                  /s/ David Mapley
                                             -----------------------------------
                                                                    David Mapley
                                             President, Chief Executive Officer,
                                                                    and Director





                                                                              11