`U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 March 31, 2002

       [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

                        For the transition period from to

                         Commission File Number: 0-27445

                        Enviro Voraxial Technology, Inc.
        (Exact name of Small Business Issuer as specified in its Charter)

                                IDAHO 83-0266517
                (State or other jurisdiction of (I.R.S. Employer
               incorporation or organization) Identification No.)
                821 NW 57th Place, Fort Lauderdale, Florida 33309
                    (Address of principal executive offices)
                                 (954) 958-9968
                           (Issuer's telephone number)


   (Former Name, former address and former fiscal year, if changed since last
                                    Report.)

Check mark 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 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 CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 7,470,968 shares of Common Stock as
of May 7, 2002.


                                      INDEX

PART 1.  CONSOLIDATED FINANCIAL INFORMATION

Item 1.  Consolidated Financial Statements

         Basis of Presentation

         Consolidated Balance Sheet (unaudited) - March 31, 2002

         Consolidated Statements  of  Operations  (unaudited)  for the
          Three Months Ended March 31, 2002 and 2001

         Consolidated Statements of Cash Flows  (unaudited)  for the Three
          Months Ended March 31, 2002 and 2001

         Notes to Consolidated Financial Statements

Item 2.  Management's Discussion and Analysis and Plan of
         Operation

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings

Item 2.  Changes in Securities and Use of Proceeds

Item 3.  Defaults Upon Senior Securities

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

Item 5.  Other Information

Item 6.  Exhibits and reports on Form 8-K

Signatures



PART I.  CONSOLIDATED FINANCIAL INFORMATION

Item 1.  Consolidated Financial Statements (unaudited)

Basis of Presentation

The accompanying unaudited consolidated financial statements of Enviro Voraxial
Technology, Inc. (the "Company") have been prepared in accordance with
accounting principles generally accepted in the United States of America for
interim financial information and with the instructions to Form 10-Q and Article
10 of Regulation S-B. Accordingly, they do not include all of the information
and footnotes required by accounting principles generally accepted in the United
States of America for complete financial statements. In the opinion of
management, all adjustments considered necessary for a fair presentation
(consisting of normal recurring accruals) have been included. The preparation of
financial statements in conformity with accounting principles generally accepted
in the United States of America 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. Operating
results for the three-month period ended March 31, 2002 are not necessarily
indicative of the results that may be expected for the year ending December 31,
2002. For further information, refer to the consolidated financial statements
and footnotes for the year ended December 31, 2001 found in the Company's Form
10-KSB.

We may be unable to continue as a going concern, given our limited operations
and revenues and our significant losses to date. Since 2001 we have encountered
greater expenses in the development of our Voraxial Separators and have had
limited rental income for pilot programs from this development. Consequently,
our working capital may not be sufficient and our operating costs may exceed
those experienced in our prior years. In light of these recent developments, we
may be unable to continue as a going concern. However, we believe that the
exposure received in the past year for the Voraxial Separator has positioned the
Company to begin generating sales and supply us with sufficient working capital.



                         ENVIRO VORAXIAL TECHNOLOGY, INC
                           CONSOLIDATED BALANCE SHEET
                                   (Unaudited)
                                     ASSETS

                                                                    March 31,
                                                                      2002

Current Assets:
  Cash and cash equivalents                                        $  248,000
  Accounts receivable                                                   5,000
  Inventory                                                            75,000
  Other current assets                                                  5,000
                                                                  -----------


         Total current assets                                         333,000

Property, plant and equipment, net                                    112,000

Other assets                                                            5,000
                                                                  -----------



                                                                   $  450,000
                                                                  ===========
                           LIABILITIES
Current Liabilities:
  Current portion of obligations under capital
   leases                                                          $   29,000
  Accounts payable and accrued expenses                               168,000
  Deferred revenue                                                      2,000
  Due to investor                                                     100,000
                                                                  -----------


         Total current liabilities                                    299,000

Noncurrent liabilities:
  Obligations under capital leases                                     37,000
                                                                  -----------


                                                                      336,000
Stockholders' Equity:
Capital stock, par value $.001 par value;
  Preferred stock, voting, 8% noncumulative, convertible,
    7,250,000 authorized shares 6,000,000 shares issued
    and outstanding (at liquidating value)                              6,000
  Common stock, authorized 42,750,000 shares,
    7,470,968 shares issued and outstanding                             7,000
  Additional paid-in capital                                        1,343,000
  Accumulated deficit                                             ( 1,242,000)
                                                                  -----------

                                                                      114,000
                                                                  -----------
                                                                   $  450,000
                                                                  ===========



                         ENVIRO VORAXIAL TECHNOLOGY, INC
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)


                                                      For the Three Months
                                                        Ended March 31,
                                                       2002        2001
                                                       ----        ----


Net sales                                            $  11,000  $    2,000

Cost of goods sold                                       4,000       1,000

                                                        ------      ------


Gross profit                                             7,000       1,000
                                                        ------      ------

Other (income) and expenses:
 Research and development                               51,000      38,000
 General and administrative                             52,000      53,000
 Interest expense                                        3,000      17,000
 Other income                                             -       ( 13,000)
                                                       -------     -------
   Total costs and expenses                            106,000      95,000
                                                       -------     -------

Net Loss                                             $( 99,000) $ ( 94,000)
                                                     =========   =========

Basic and diluted (loss)per common share             $(    .01) $(     .01)
                                                     =========   =========
Weighted average number of common shares
  Outstanding                                        7,470,968   7,407,118
                                                     =========   =========



                         ENVIRO VORAXIAL TECHNOLOGY, INC
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)


                                                                        For the Three Months
                                                                          Ended March 31
                                                                       2002            2001
                                                                       ----            ----

Cash flows from operating activities:
   Net Loss                                                      $  (   99,000) $  (   94,000)
   Adjustments to reconcile net loss to net
    cash (used in) provided by operating activities:
      Depreciation                                                      11,000         27,000
  Changes in:
  Accounts receivable                                                    6,000           -
  Inventory                                                               -              -
  Accounts payable and accrued expenses                                 15,000      (   7,000)
  Deferred revenue                                                       2,000           -
                                                                    ------------  ------------

           Net cash used in operating activities                    (   65,000)    (   74,000)
                                                                    ------------  ------------


Cash Flows from financing activities:
  Increase in note payable - stockholder                                  -             6,000
  Repayment of mortgage note payable                                      -        (    2,000)
  Increase (decrease) of obligations under capital leases            (  10,000)         2,000
                                                                    ------------  ------------

Net cash provided by financing activities                            (  10,000)         6,000
                                                                    ------------  ------------

Increase (decrease) in cash and
Cash equivalents                                                     (  75,000)     (  68,000)

Cash and cash equivalents, beginning of period                         323,000        133,000
                                                                    ------------    ------------

Cash and cash, equivalents, end of period                        $     248,000   $     65,000
                                                                    ============    ============



                         ENVIRO VORAXIAL TECHNOLOGY, INC
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

NOTE A - ORGANIZATION AND OPERATIONS

Enviro Voraxial Technology, Inc. (the "Company") is the owner and manufacturer
of the patented Voraxial Separator. The Voraxial Separator is a continuous flow
turbo machine that efficiently separates mixture of fluids or fluids and solids
at extremely high flow rates while achieving very high levels of purity through
the utilization of a strong centrifugal force or vortex. The scaleability,
efficiency and effectiveness of the Voraxial Separator make the technology
universal to any industry requiring the separation of liquids and/or liquids and
solids, regardless of the quantity needed to be processed. Prior to 1999, the
Company performed contract-manufacturing services to the aerospace and
automotive industries through the operation of its high precision engineering
machine shop, which designed, manufactured and assembled specialized parts and
components. Since 1999, the Company has been focusing its efforts on developing
and marketing the Voraxial Separator. Potential commercial applications include
sewage separation, oil/water separation, environmental cleanup, ballast water
exchange, and the separation of industrial chemicals.

The Company may be unable to continue as a going concern, given its limited
operations and revenues and significant losses to date. Since 2001 the Company
has encountered greater expenses in the development of its Voraxial Separators
and has had limited rental income for pilot programs from this development.
Consequently, the Company's working capital may not be sufficient and its
operating costs may exceed those experienced in prior years. In light of these
recent developments, the Company may be unable to continue as a going concern.

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

[1] Principles of consolidation:

The consolidated financial statements as of March 31, 2002 include the accounts
of the parent company Enviro Voraxial Technology, Inc. and its wholly owned
subsidiary Florida Precision Aerospace, Inc. All significant intercompany
accounts and transactions have been eliminated.

[2] Cash and cash equivalents:

The Company considers all highly liquid investments with a maturity of three
months or less at the date of purchase to be cash equivalents.

[3] Property, plant and equipment:

Property, plant and equipment are stated at cost. The cost of maintenance and
repairs is charged against results of operations as incurred. Depreciation is
computed by the straight-line method over the estimated economic useful life of
the assets (5 -20 years).

[4] Net loss per share:

Basic and diluted loss per share has been computed by dividing the net loss
available to common stockholders by the weighted average number of common shares
outstanding. The convertible preferred stock, warrants and options have been
excluded from the calculation since they would be anti-dilutive. Such equity
instruments may have a dilutive effect in the future and include the following
potential common shares:



                         ENVIRO VORAXIAL TECHNOLOGY, INC
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)



                  Convertible preferred stock                          6,200,000
                  Warrants                                               243,200
                  Stock options                                        2,045,000
                                                                       ---------

                                                                       8,488,200
                                                                       =========

[5] Inventory:

Inventory consists of components for the Voraxial Separator and is priced at
lower of first-in, first-out cost or market. Inventory includes components held
by third parties in connection with pilot programs.

[6] Use of estimates:

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the amount of assets and liabilities and
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. A significant estimate involves
the value of the Company's inventory.

[7] Income taxes:

Deferred income taxes are recognized for the tax consequences in future years of
differences between the tax bases of assets and liabilities and their financial
reporting amounts at year end based on enacted tax laws and statutory tax rates
applicable to the periods in which the differences are expected to affect
taxable income. Valuation allowances are established when necessary, to reduce
deferred tax assets to the amount expected to be realized.

[8] Research and development expenses:

Research and development costs are expensed as incurred.

[9] Revenue recognition:

The Company recognizes contract revenue when earned. Shipments to third parties
in connection with pilot programs are not recognized as revenue and such
components are included in inventory as of March 31, 2002.

[10] Fair value of financial instruments:

Obligations under capital leases approximate fair value as the interest rates
applicable to these debt instruments are comparable to quoted market prices for
similar issues.



[11] Stock Based Compensation:

The Company granted 2 million nonqualified stock options to an employee in
January 2002 with an exercise price of $.15 per share. All 2 million options
vest one year from the date of issuance. The exercise price exceeded the fair
market value of the common stock on the date of grant. Since the Company
accounts for its options under APB No. 25, no compensation expense was
recognized.

[12] Interim financial statements

Financial statements as of March 31, 2002 are unaudited but in the opinion of
management the financial statements include all adjustments consisting of normal
recurring accruals necessary for a fair presentation of the comparative
financial position and results of operation. Results of operations for interim
periods are not necessarily indicative of those to be achieved or expected for
the entire year.


Item 2. Management's Discussion and Analysis of Financial Condition and Plan of
Operations

General

Management's discussion and analysis contains various forward-looking
statements. These statements consist of any statement other than a recitation of
historical fact and can be identified by the use of forward-looking terminology
such as "may," "expect," "anticipate," "estimate" or "continue" or use of
negative or other variations or comparable terminology.

We caution that these statements are further qualified by important factors that
could cause actual results to differ materially from those contained in the
forward-looking statements, that these forward-looking statements are
necessarily speculative, and there are certain risks and uncertainties that
could cause actual events or results to differ materially from those referred to
in such forward-looking statements.

Three Months ended March 31, 2002 and 2001

Net Sales. Our net sales increases by approximately 450% to $11,000 as compared
to $2,000 for the previous three months ended March 31, 2001. This sales
increase was due to our focused efforts on marketing of the Voraxial Separator.
We anticipate that the marketing efforts for the Voraxial Separator from this
past year will begin to generate revenues in 2002, We do not expect to generate
as much revenue in 2002 from high precision machining as most of our efforts
will continue to be focused on building, assembling, marketing and selling the
Voraxial Separator.

Research and Development expenses

Research and Development expenses increased by 34% to $51,000 for the three
months ended March 31, 2002, up from $38,000 for the previous three months ended
March 31, 2001. Although the Company has finalized the development of the
Voraxial Separator, we increased expenditures for specific industry applications
whereby the technology can be used.

General and Administrative expenses

General and Administrative expenses decreased by 2% to $52,000 for the three
months ended March 31, 2002 down from $53,000 for the previous three months
ended March 31, 2001. We are reducing the expense allocated towards high
precision machining and focusing a majority of our efforts on marketing of the
Voraxial Separator. As such, the general and administrative overhead typically
experienced with high precision machining was reduced and consolidated with
activities supporting the Voraxial Separator.

Liquidity and capital resources

For the three months ended March 31, 2002 our working capital decreased by
$95,000 from December 31, 2001. This decrease was represented by a decrease in
cash of $75,000, decrease in accounts receivable of $6,000 and an increase in
current liabilities of $17,000. Operating at a loss for the three months ended
March 31, 2002, negatively impacted our cash position. We anticipate that we
will begin generating revenues and positive cash flow from the Voraxial
Separator in 2002. To the extent such revenues and corresponding cash flows do
not materialize, we will require infusion of capital to sustain our operations.
We cannot be assured that the level of revenues will be self sustaining or that
required capital will be able to be obtained or if terms of such required
capital may be acceptable to us.



Continuing losses

We may be unable to continue as a going concern, given our limited operations
and revenues and our significant losses to date. Since 2001 we have encountered
greater expenses in the development of our Voraxial Separators and have had
limited rental income for pilot programs from this development. Consequently,
our working capital may not be sufficient and our operating costs may exceed
those experienced in our prior years. In light of these recent developments, we
may be unable to continue as a going concern. However, we believe that the
exposure received in the past year for the Voraxial Separator has positioned the
Company to begin generating sales and supply us with sufficient working capital.

Cautionary Statement Regarding Forward-Looking Statements:

Certain statements contained in this Section and elsewhere in this report
regarding matters that are not, historical facts are forward-looking statements.
Because such forward-looking statements include risks and uncertainties, actual
results may differ materially from those expressed or implied by such
forward-looking statements. All statements, which address operating performance,
events or developments that management expects or anticipates to incur in the
future, including statements relating to sales and earnings growth or statements
expressing general optimism about future operating results, are forward-looking
statements. The forward-looking statements are based on management's current
views and assumptions regarding future events and operating performance. Many
factors could cause actual results to differ materially from estimates contained
in management's forward-looking statements. The differences may be caused by a
variety of factors, including, but not limited to, adverse economic conditions,
competitive pressures, inadequate capital, unexpected costs, lower revenues, net
income and forecasts, the possibility of fluctuation and volatility of the
Company's operating results and financial condition, inability to carry out
marketing and sales plans and loss of key executives, among other things.



                           PART II. OTHER INFORMATION

Item 1.  Legal Proceedings

None.

Item 2.  Changes in Securities and Use of Proceeds

On January 17, 2002 the Company issued options to purchase 2,000,000 shares of
the Company's Common Stock to an employee of the Company. These options are
exercisable at $.15 per share and vest over 12 months from the date of issuance.

Item 3.  Defaults Upon Senior Securities

None.

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

None.

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

None.


                                    SIGNATURE


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned as duly authorized officers of the Registrant.

Enviro Voraxial Technology, Inc.


By:  /s/ Alberto DiBella
Alberto DiBella, Chairman and President

DATED: May 14, 2002.`