U.S. SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C.  20549

                             FORM 10-QSB

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     FOR THE QUARTERLY PERIOD ENDED:  June 30, 2002

                                  OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

                  COMMISSION FILE NUMBER:  333-83125

                         POWER MARKETING, INC.
        (Exact name of registrant as specified in its charter)


           Delaware                                 13-3851304
     (State or other jurisdiction                 (I.R.S. Employer
     of incorporation or organization)            Identification No.)


    311 South State Street, Suite 460, Salt Lake City, Utah 84111
               (Address of principal executive offices)

                            (801) 364-9262
         (Registrant's telephone number, including area code)


(Former name, former address and former fiscal year, if changed since last
report)

Check whether the issuer (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 report(s),                     YES [X]  NO [ ]

and (2) has been subject to such filing requirements for the past 90 days.
                                                     YES [X]  NO [  ]

The number of $.001 par value common shares outstanding at June 30, 2002:
1,250,000

<PAGE>

                    PART I - FINANCIAL INFORMATION


ITEM 1.   FINANCIAL STATEMENTS

     See attached.




<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                       PAGE


        -  Unaudited Condensed Balance Sheets, June 30, 2002
            and December 31, 2001                                       2


        -  Unaudited Condensed Statements of Operations, for the
            three and six months ended June 30, 2002 and 2001 and
            for the period from inception on August 1, 1995 through
            June 30, 2002                                               3

        -  Unaudited Condensed Statements of Cash Flows, for the
            six months ended June 30, 2002 and 2001 and for
            the period from inception on August 1, 1995 through
            June 30, 2002                                               4

        -  Notes to Unaudited Condensed Financial Statements          5 - 8









<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

                    UNAUDITED CONDENSED BALANCE SHEETS

                                  ASSETS


                                           June 30,    December 31,
                                             2002          2001
                                         ___________   ___________
CURRENT ASSETS:
  Cash                                    $    5,819    $     281
  Investment                                       -      130,535
                                         ___________   ___________
        Total Current Assets                   5,819      130,816
                                         ___________   ___________
                                          $    5,819    $ 130,816
                                         ___________   ___________


                   LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:
  Accounts payable                        $    1,495    $    1,010
  Advances payable - related party             1,100       117,950
                                         ___________   ___________
   Total Current Liabilities                   2,595       118,960
                                         ___________   ___________

STOCKHOLDERS' EQUITY:
  Preferred stock, $.001 par value,
   500,000 shares authorized,
   no shares issued and outstanding                -             -
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   1,250,000 shares issued and
   outstanding                                 1,250         1,250
  Additional paid-in capital                  98,747        98,747
  Deficit accumulated during the
    development stage                       (96,773)      (88,141)
                                         ___________   ___________
        Total Stockholders' Equity             3,224        11,856
                                         ___________   ___________
                                          $    5,819    $  130,816
                                         ___________   ___________




Note: The balance sheet at December 31, 2001 was taken from the audited
   financial statements at that date and condensed.


 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                    -2-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

                                                                     From
                              For the Three       For the Six      Inception
                              Months Ended        Months Ended    on August 1,
                                June 30,            June 30,      1995 Through
                           __________________  __________________  June 30,
                              2002     2001      2002      2001      2002
                           ________  ________  ________  ________  _________
REVENUE                    $     -   $     -   $     -   $     -   $     -

EXPENSES:
  General and
    administrative           3,944     2,635     8,632     4,830    54,605
  Impairment loss                -         -         -         -    23,036
                           ________  ________  ________  ________  _________
   Total Expenses           (3,944)   (2,635)   (8,632)   (4,830)  (77,641)
                           ________  ________  ________  ________  _________
LOSS BEFORE OTHER INCOME
  (EXPENSE)                 (3,944)   (2,635)   (8,632)   (4,830)  (77,641)
                           ________  ________  ________  ________  _________
OTHER INCOME (EXPENSE):
  Interest expense               -         -         -         -      (876)
  Interest income                -         -         -         -        44
  Miscellaneous income           -         -         -        44         -
                           ________  ________  ________  ________  _________
  Total Other
   Income (Expense)              -         -         -        44      (832)
                           ________  ________  ________  ________  _________
LOSS BEFORE
  INCOME TAXES              (3,944)   (2,635)   (8,632)   (4,786)   (78,429)

CURRENT TAX EXPENSE              -         -         -         -          -

DEFERRED TAX EXPENSE             -         -         -         -          -
                           ________  ________  ________  ________  _________
INCOME (LOSS) FROM
CONTINUNING  OPERATIONS     (3,944)   (2,635)   (8,632)   (4,786)   (78,429)
                           ________  ________  ________  ________  _________
DISCONTINUED OPERATIONS
  (Loss) from discontinued
    operations                   -         -         -         -    (18,990)

  Gain on disposition of
    discontinued operations      -         -         -         -        690
                           ________  ________  ________  ________  _________
LOSS FROM DISCONTINUED
  OPERATIONS                     -         -         -         -    (18,300)
                           ________  ________  ________  ________  _________
NET LOSS                   $(3,944)  $(2,635)  $(8,632)  $(4,786)  $(96,773)
                           ________  ________  ________  ________  _________


LOSS PER COMMON SHARE:
  Continuing operations    $ (.00)   $ (.00)   $  (.01)  $ (.00)   $ (.07)
  Discontinued operations       -         -          -        -      (.02)
                           ________  ________  ________  ________  _________
   Loss per common share   $ (.00)   $ (.00)   $  (.01)  $ (.00)   $ (.09)
                           ________  ________  ________  ________  _________



 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                   -3-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

                                                                   From
                                               For the Six       Inception
                                               Months Ended     on August 1,
                                                  June 30,      1995 Through
                                           ____________________   June 30,
                                               2002       2001      2002
                                           __________  ________  __________

Cash Flows From Operating Activities:
 Net loss                                   $ (8,632)  $(4,786)   $ (96,773)
 Adjustments to reconcile net loss to
   net cash used by operations:
  Amortization                                     -         -          500
  Impairment loss                                  -         -       23,036
  Changes in assets and liabilities:
    Increase (Decrease) in
     accounts payable                            485       800        1,495
    Increase (Decrease) in
     accrued interest - related party              -         -        5,617
                                           __________  _________  _________
     Net Cash (Used) by
      Operating Activities                    (8,147)   (3,986)     (66,125)
                                           __________  _________  _________
Cash Flows From Investing Activities:
 Organization costs                                -         -         (500)
 Purchase investment                               -         -     (153,571)
 Proceeds from sale of investment            130,535         -      130,535
                                           __________  _________  _________
    Net Cash Provided (Used) by
     Investing Activities                    130,535         -      (23,536)
                                           __________  _________  _________
Cash Flows From Financing Activities:
 Proceeds from sale of common stock                -         -       83,500
 Payment of stock offering costs                   -         -       (4,950)
 Proceeds from note payable - related party        -         -      115,830
 Payments on note payable - related party          -         -     (100,000)
 Advances from related party                   1,100     3,250      119,050
 Payments on advances from related party    (117,950)        -     (117,950)
                                           __________  _________  _________
     Net Cash Provided (Used) by
      Financing Activities                  (116,850)    3,250       95,480
                                           __________  _________  _________
Net Increase (Decrease) in Cash                5,538      (736)       5,819

Cash at Beginning of Period                      281     1,267            -
                                           __________  _________  _________
Cash at End of Period                         $5,819    $  531     $  5,819
                                           __________  _________  _________
Supplemental Disclosures of Cash Flow Information:

 Cash paid during the period for:
   Interest                                  $    -     $    -     $     -
   Income taxes                              $    -     $    -     $     -

Supplemental Schedule of Non-Cash Investing and Financing Activities:

 For the six months ended June 30, 2002:
  None

 For the six months ended June 30, 2001:
  None

 For the period from inception on August 1, 1995 through June 30, 2001:
  The  Company  settled  a debt consisting of a note  and  accrued  interest
  payable  of $121,466 for $100,000. Because of the related party nature  of
  the  note,  the gain on settlement was accounted for as a contribution  to
  capital.



 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                   -4-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  - The Company was organized under the laws of the  State  of
  Delaware on August 1, 1995.  The Company is considered a development stage
  company as defined in Statement of Financial Accounting Standards  No.  7.
  The  Company was formed to engage in the business of television  marketing
  of  hair products.  During 1996, the Company discontinued the marketing of
  hair products and is currently considering other business opportunities or
  potential  business  acquisitions.  During  1999,  the  Company  purchased
  champagne as an investment, but is still seeking other potential  business
  ventures.   The  Company has, at present time, not paid any dividends  and
  any  dividends  that  may  be  paid in the future  will  depend  upon  the
  financial requirements of the Company and other relevant factors.

  Condensed  Financial  Statements - The accompanying  financial  statements
  have  been  prepared  by the Company without audit.   In  the  opinion  of
  management,   all   adjustments  (which  include  only  normal   recurring
  adjustments)  necessary to present fairly the financial position,  results
  of operations and cash flows at June 30, 2002 and 2001 and for the periods
  then ended have been made.

  Certain   information  and  footnote  disclosures  normally  included   in
  financial  statements  prepared  in  accordance  with  generally  accepted
  accounting principles in the United States of America have been  condensed
  or  omitted.  It is suggested that these condensed financial statements be
  read  in  conjunction  with  the financial statements  and  notes  thereto
  included  in the Company's December 31, 2001 audited financial statements.
  The results of operations for the periods ended June 30, 2002 and 2001 are
  not necessarily indicative of the operating results for the full year.

  Investment - Investments in wine and champagne are carried at the lower of
  cost or market value.  The Company periodically reviews the carrying value
  of its investments for realization.

  Loss  Per Common Share - The computation of loss per common share is based
  on  the  weighted average number of shares outstanding during  the  period
  presented.  [See Note 7]

  Cash and Cash Equivalents - For purposes of the financial statements,  the
  Company  considers  all highly liquid debt investments  purchased  with  a
  maturity of three months or less to be cash equivalents.

  Accounting  Estimates  -  The  preparation  of  financial  statements   in
  conformity  with generally accepted accounting principles  in  the  United
  States  of  America requires management to make estimates and  assumptions
  that   effect  the  reported  amounts  of  assets  and  liabilities,   the
  disclosures  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
  estimated by management.

                                    -5-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Recently  Enacted Accounting Standards - Statement of Financial Accounting
  Standards  ("SFAS")  No.  141,  "Business  Combinations",  SFAS  No.  142,
  "Goodwill  and  Other  Intangible Assets", SFAS No. 143,  "Accounting  for
  Asset   Retirement  Obligations",  SFAS  No.  144,  "Accounting  for   the
  Impairment  or  Disposal  of  Long-Lived  Assets",  and  SFAS   No.   145,
  "Rescission  of  FASB  Statements No. 4, 44, and  64,  Amendment  of  FASB
  Statement No. 13, and Technical Corrections", were recently issued.   SFAS
  No.  141,  142,  143,  144 and 145 have no current  applicability  to  the
  Company  or their effect on the financial statements would not  have  been
  significant.

NOTE 2 - RELATED PARTY RECEIVABLE AND INVESTMENT

  During  November 1999, the Company acquired champagne from an entity  that
  at  the time was related to a significant shareholder of the Company.  The
  champagne was acquired for $115,830 which was the carryover cost basis  of
  the related entity.  A note payable in the amount of $115,830 was given as
  consideration for the champagne.

  During December 1999 the Company paid cash of $37,741 to purchase wine  as
  an investment.  The wine was purchased from an unrelated entity.

  During  the  year  ended  December  31,  2001,  the  Company  recorded  an
  impairment  loss  of $23,036 to reflect the net realizable  value  of  the
  investment. In January 2002, the Company sold its investments in champagne
  and  wine  to an officer/shareholder of the Company. The Company sold  its
  investments,  which  had  an  original carrying  value  of  $153,571,  for
  $130,535  resulting in a loss of $23,036. The Company offset  $117,950  of
  the sales proceeds against its liability owing to the officer/shareholder.

NOTE 3 - CAPITAL STOCK

  Preferred  Stock - The Company has authorized 500,000 shares of  preferred
  stock, $.001 per value, with such rights, preferences and designations and
  to  be issued in such series as determined by the Board of Directors.   No
  shares are issued and outstanding at June 30, 2002 and December 31, 2001.

  Common Stock - During September 1995, in connection with its organization,
  the  Company  issued  950,000  shares of its  previously  authorized,  but
  unissued common stock.  Total proceeds from the sale of stock amounted  to
  $28,500  (or  $.03 per share).  During October 1995, the  Company  made  a
  public offering of 50,000 of its previously authorized but unissued common
  stock.   Total proceeds from the public sale of stock amounted to  $5,000.
  Direct offering costs offset against the proceeds were $4,950.

  During  December 1999, the Company issued 250,000 shares of its previously
  authorized  but unissued common stock.  Total proceeds from  the  sale  of
  stock amounted to $50,000 (or $.20 per share)

  Warrant Distribution - The Company completed a distribution of warrants to
  purchase  1,250,000 shares of common stock.  The warrants were exercisable
  at  $1.00  per  share,  on  or before June 30, 2002.   The  warrants  were
  distributed  as a dividend on the common stock to all the shareholders  of
  record.  All 1,250,000 warrants expired on June 30, 2002.

                                    -6-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 4 - INCOME TAXES

  The  Company  accounts for income taxes in accordance  with  Statement  of
  Financial  Accounting  Standards No. 109 "Accounting  for  Income  Taxes".
  SFAS  No.  109  requires  the  Company  to  provide  a  net  deferred  tax
  asset/liability  equal  to  the  expected future  tax  benefit/expense  of
  temporary  reporting differences between book and tax  accounting  methods
  and any available operating loss or tax credit carryforwards.

  The  Company  has  available  at  June  30,  2002  unused  operating  loss
  carryforwards of approximately $71,000 which may be applied against future
  taxable income and which expire in various years through 2022.  The amount
  of  and  ultimate  realization of the benefits  from  the  operating  loss
  carryforwards for income tax purposes is dependent, in part, upon the  tax
  laws  in  effect,  the future earnings of the Company,  and  other  future
  events,  the  effects  of  which cannot be  determined.   Because  of  the
  uncertainty  surrounding  the realization of the loss  carryforwards,  the
  Company  has established a valuation allowance equal to the tax effect  of
  the  loss  carryforwards and, therefore, no deferred tax  asset  has  been
  recognized  for the loss carryforwards.  The net deferred tax  assets  are
  approximately  $10,800  and $9,500 as of June 30, 2002  and  December  31,
  2001,  respectively, with an offsetting valuation allowance  of  the  same
  amount  resulting in a change in the valuation allowance of  approximately
  $1,300 during the six months ended June 30, 2002.

NOTE 5 - RELATED PARTY TRANSACTIONS

  Management  Compensation - Officers and directors  have  not  devoted  any
  significant time to the Company's operations nor has the Company paid  any
  compensation to its officers and directors.

  Office  Space - The Company has not had a need to rent office  space.   An
  officer/shareholder  of the Company is allowing the  Company  to  use  his
  office  as  a  mailing  address for the Company. The  cost  is  considered
  nominal and has not been expensed by the Company.

  Shareholder  Advance  -  During the six months  ended  June  30,  2002,  a
  shareholder  and  officer of the Company advanced $1,100 to  the  Company.
  These  advances were used to pay Company expenses.  At June 30, 2002,  the
  Company owes $1,100 to the shareholder.  The advances bear no interest.

  Sale of Investments - In January 2002, the Company sold its investments in
  champagne  and wine to an officer/shareholder of the Company. The  Company
  sold  its  investments, which had an original carrying value of  $153,571,
  for  $130,535 resulting in a loss of $23,036. The Company offset  $117,950
  of   the   sales   proceeds   against   its   liability   owing   to   the
  officer/shareholder.  [See Note 2]

NOTE 6 - GOING CONCERN

  The  Company  was formed with a very specific business plan.  The  Company
  expended  virtually all of its working capital in a relatively short  time
  period   and  was  not  successful  in  establishing  on-going  profitable
  operations.  Consequently,  the  Company discontinued  its  operations  of
  engaging  in television marketing.  The Company currently has no  on-going
  operations.

                                   -7-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 6 - GOING CONCERN [Continued]

  The  accompanying  financial statements have been prepared  in  conformity
  with  generally  accepted accounting principles in the  United  States  of
  America, which contemplate continuation of the Company as a going concern.
  However, the Company has incurred losses since inception and has  not  yet
  been successful in establishing profitable operations, raising substantial
  doubt about the ability of the Company to continue as a going concern.  In
  this  regard,  management is proposing to raise additional  funds  through
  loans,  or  through additional sales of its common stock  or  through  the
  acquisition  of other companies.  There is no assurance that  the  Company
  will be successful in raising this additional capital.

NOTE 7 - LOSS PER SHARE

  The  following data shows the amounts used in computing loss per share for
  the periods presented:

                                                                     From
                           For the Three         For the Six       Inception
                            Months Ended         Months Ended     on August 1,
                              June 30,             June 30,       1995 Through
                        ____________________  ____________________  June 30,
                            2002      2001       2002       2001      2002
                        _________  _________  _________  _________  _________
    Loss from continuing
    operations available
    to common
    shareholders
    (numerator)          $(3,944)   $(2,635)  $(8,632)   $(4,786)   $(78,429)
                        _________  _________  _________  _________  _________
    Loss from
    discontinued
    operations
    (numerator)          $    -     $    -    $     -    $     -    $(18,300)
                        _________  _________  _________  _________  _________
    Weighted average
    number of common
    shares outstanding
    used in loss per
    share calculation
    for the period
    (denominator)       1,250,000  1,250,000  1,250,000  1,250,000  1,091,307
                        _________  _________  _________  _________  _________

  Dilutive  loss per share was not presented, as the Company had  no  common
  stock  equivalent  shares for all period presented that would  affect  the
  computation of diluted loss per share.


                                         -8-
<PAGE>

ITEM 2:  MANAGEMENT'S DISCUSSION & ANALYSIS OR PLAN OF OPERATIONS

     Power Marketing, Inc., a development stage company, was incorporated
under the laws of the State of Delaware on August 1, 1995.  In connection with
its organization, the founder contributed $28,500 cash to initially capitalize
Power Marketing in exchange for 950,000 shares of common stock. On September
19, 1995, Power Marketing commenced a public offering in reliance upon Rule
504 of Regulation D, promulgated by the U.S. Securities & Exchange Commission
under the Securities Act of 1933.  50,000 shares of common stock were offered
and sold and the offering closed in October, 1995.

     Power Marketing was initially formed to engage in the infomercial
business marketing hair products.  This business was not successful and
operations were eventually discontinued.  In November-December, 1999,
management of Power Marketing decided to engage in the business of wine
investing, and raised additional capital for this purpose.  Power Marketing
sold 250,000 shares of common stock in a non public offering, at $.20 per
share, and raised gross proceeds of $50,000. This increased the total issued
and outstanding common stock to 1,250,000 shares.

     In February, 2000, the Company filed a registration statement on Form
SB-2 with the U.S. Securities & Exchange Commission under the Securities Act
of 1933, to register the distribution and exercise of warrants.  This
registration statement was declared effective on June 22, 2000.  At that time
the Company became subject to the information requirements of the Securities
Exchange Act of 1934.  The warrants were distributed as soon as practicable
after the date of the prospectus to common stockholders of record as of
September 30, 1999. The warrants were exercisable at $1.00 per share, on or
before June 30, 2002. The warrants have now expired, and no securities were
ever sold pursuant to the offering.

PLAN OF OPERATIONS.

     Management's plan of operation for the next twelve months is to continue
using existing capital to provide general working capital during the next
twelve months.  Under this plan of operations Power Marketing has no specific
capital commitments and the timing of capital expenditures will depend upon
the receipt of additional funds, none of which is assured.  The time frame for
revenue generating activities and cash flows is also not assured or known and
will depend upon the timing of sale of the wines, and receipt of the proceeds
from these sales. We do not presently anticipate that we will have to raise
additional funds within the next twelve months, but we have not determined how
long beyond that existing capital can satisfy any cash requirements.  If we do
not receive sufficient funds to carry out the full plan of operations, Power
Marketing will modify operations and reduce the amount spent purchasing
additional vintages of investment grade wines, to the extent these funds are
needed to cover other business expenses, including other overhead expenses,
and fulfillment of our reporting obligations. We do not anticipate any capital
commitments for product research and development or significant purchases of
plant or equipment, or any change in the number of employees.

     In November, 1999, we sold 250,000 shares of common stock in a non
public offering, at $.20 per share, and raised gross proceeds of $50,000. We

<PAGE>

later purchased several different vintages of investment grade wines at a cost
of $37,741. We also purchased one hundred cases of investment grade champagne
from an affiliated company, at the affiliate's cost, for a note payable in the
amount of $115,830, due in 6 months with interest at 6% per annum. On
September 5, 2000, we settled the debt consisting of the note payable in the
amount of $115,830 plus accrued interest of $5,616 for $100,000.  The gain on
settlement of $21,446 was accounted for as a contribution to capital because
of the related party nature of the note. In January 2002, the Company sold its
investments in champagne and wine, which had a carrying value of $153,571, to
an officer/shareholder of the Company, for $130,535. $117,950 of the sales
proceeds was offset against the Company's liability owing to the
officer/shareholder. Even though the transaction resulted in a loss of $23,036
to the Company, management believes the terms were no less favorable to the
Company than could be obtained from unaffiliated parties.

                     PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

     The Company is not a party to any material pending legal proceedings. No
such action is contemplated by the Company nor, to the best of its knowledge,
has any action been threatened against the Company.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

     (a)  No instruments defining the rights of the holders of any class of
          registered securities have been materially modified.

     (b)  No rights evidenced by any class of registered securities have
          been materially limited or qualified by the issuance or
          modification of any other class of securities.

     (c)  During the period covered by this report, there were not any
          securities that the issuer sold without registering the securities
          under the Securities Act.

     (d)  In February, 2000, the Company filed a registration statement on
          Form SB-2 with the U.S. Securities & Exchange Commission under the
          Securities Act of 1933, to register the distribution and exercise
          of warrants.  This registration statement was declared effective
          on June 22, 2000.  The warrants were distributed as soon as
          practicable after the date of the prospectus to common
          stockholders of record as of September 30, 1999. The warrants were
          exercisable at $1.00 per share, on or before June 30, 2002. The
          warrants have now expired, and no securities were ever sold
          pursuant to the offering.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

     There has not been any material default in the payment of principal,
interest, a sinking or purchase fund installment, or any other material
default not cured within 30 days, with respect to any indebtedness of the
issuer exceeding 5 percent of the total assets of the issuer.

<PAGE>

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

     No matter has been submitted to a vote of security holders during the
period covered by this report, through the solicitation of proxies or
otherwise.

ITEM 5.  OTHER INFORMATION

     None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits required by Item 601 of Regulation S-B.  None

     (b)  Reports on Form 8-K.  No reports on Form 8-K were filed during the
          quarter for which this report is filed.

<PAGE>

                              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.


                              POWER MARKETING, INC.



Date:  August 13, 2002             by:   /s/ Lynn Dixon
                                   Lynn Dixon, President & Director




Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

     The undersigned Chief Executive Officer and Chief Financial Officer
certify that this report fully complies with the requirements of Section 13 or
15(d) of the Securities Exchange Act of 1934, and the information contained in
the report fairly presents, in all material respects, the financial condition
and results of operations of the Company.



Date:  August 13, 2002             by:   /s/ Lynn Dixon
                                   Lynn Dixon, President & Director