SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB



               Quarterly Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


For Quarter Ended March 31, 1999                  Commission File No. 33-30476-D


                       RENEGADE VENTURE (NEV.) CORPORATION
             (Exact name of Registrant as specified in its charter)


            NEVADA                                              84-1108499
(State or other jurisdiction of                        (I.R.S. Empl. Ident. No.)
incorporation or organization)


      90 Madison Street, Suite 707
            Denver, Colorado                                       80206
(Address of Principal Executive Offices)                         (Zip Code)


                                 (303) 355-3000
              (Registrant's Telephone Number, including Area Code)


Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or such shorter period that the Registrant was required
to file such reports),  and (2) has been subject to such filing requirements for
at least the past 90 days.

      Yes      No   X

The number of shares  outstanding of each of the Registrant's  classes of common
equity, as of March 31, 1999 are as follows:


    Class of Securities                                       Shares Outstanding
    -------------------                                       ------------------
Common Stock, $.001 par value                                       320,000


<PAGE>

                                      INDEX
                                                                         Page of
                                                                          Report
                                                                          ------

                          PART I. FINANCIAL INFORMATION


Item 1. Financial Statements.

        Balance Sheets:

        As of March 31, 1999 (Unaudited) and December 31, 1998 .........      3

        Statements of Operations (Unaudited):

        For the three months ended March 31, 1999 and 1998
        and Cumulative from inception (February 13, 1989) 
        through March 31, 1999..........................................      4

        Comparison of quarter ended March 31, 1999
        with quarter ended March 31, 1998 ..............................      5

        Statements of Cash Flows (Unaudited):

        For the three months ended March 31, 1999 and 1998
        and Cumulative from inception (February 13, 1989) 
        through March 31, 1999..........................................      6

        Notes to Financial Statements (Unaudited) ......................      7


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


                           PART II. OTHER INFORMATION


Item 6. Exhibits and Reports on Form 8-K ...............................      10


        Signatures .....................................................      10



                                       2
<PAGE>

                       RENEGADE VENTURE (NEV.) CORPORATION
                          (A Development Stage Company)
                                 Balance Sheets

                                                         March 31,      Dec. 31,
                                                           1999           1998
                                                           ----           ----
                                                        (Unaudited)    (Audited)

                                     ASSETS

CURRENT ASSETS
  Cash                                                    $ 10,200     $ 12,900
                                                          --------     --------

Current Assets                                              10,200       12,900
                                                          --------     --------


TOTAL ASSETS                                                10,200       12,900
                                                          ========     ========


LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts payable                                        $ 42,645     $ 41,073
                                                          --------     --------

Total Liabilities                                           42,645       41,073
                                                          --------     --------

STOCKHOLDERS' EQUITY
  Preferred stock, $.001 par value,
  5,000,000 shares authorized, no shares issued or
  outstanding                                                 --           --

  Common stock, $.001 par value; 50,000,000
    shares authorized, 320,000 shares issued
    and outstanding                                            320          320

  Additional paid-in capital                                62,805       62,805

  Deficit accumulated during the
    development stage                                      (95,570)     (91,298)
                                                          --------     --------

Total  Stockholders' Equity                                (32,445)     (28,173)
                                                          --------     --------

TOTAL LIABILITIES AND
  STOCKHOLDERS' EQUITY                                      10,200       12,900
                                                          ========     ========


                 See accompanying notes to financial statements.

                                       3
<PAGE>

                       RENEGADE VENTURE (NEV.) CORPORATION
                          (A Development Stage Company)
                            Statements of Operations
                                   (Unaudited)

                                                                Cumulative from
                                                                    inception
                                                                 (Feb. 13, 1989)
                                       For The Three Months Ended    through
                                           March 31,   March 31,    March 31,
                                          ----------------------    ---------
                                             1999        1998          1999
                                             ----        ----          ----

Revenues                                  $       0    $       0    $       0
                                          ---------    ---------    ---------


Costs and Expenses:
  Legal and accounting services               3,772        2,730       71,690
  Stock transfer and promotion                  500            0       25,210
  Office and postage                              0          500        4,964
  Amortization                                    0            0        1,760
                                          ---------    ---------    ---------

Total Expenses                                4,272        3,230      103,624
                                          ---------    ---------    ---------


Loss from operations                         (4,272)      (3,230)    (103,624)
                                          ---------    ---------    ---------


Other Income
  Interest income                                 0            0        8,054
                                          ---------    ---------    ---------

Net Loss Incurred during
  Development Stage                       $  (4,272)   $  (3,230)   $ (95,570)
                                          =========    =========    =========


Net Loss per common share                 ($   0.01)   ($   0.01)   ($   0.30)
                                          =========    =========    =========



Weighted average shares outstanding         320,000      320,000      320,000
                                          =========    =========    =========

Dividends declared per common
  share                                           0            0            0
                                          =========    =========    =========


                 See accompanying notes to financial statements.

                                       4
<PAGE>

                       RENEGADE VENTURE (NEV.) CORPORATION
                          (A Development Stage Company)
                             Statement of Operations
                   Comparison of Quarter Ended March 31, 1999
                        with Quarter Ended March 31, 1998
                                   (Unaudited)


                                        For the 1st Quarter Ended,
                                                 March 31,
                                        -------------------------
                                           1999           1998        Difference
                                           ----           ----        ----------

Revenue                                      -0-            -0-            -0-

Cost, Expenses:

  Legal and accounting                   $ 3,772        $ 2,730        $(1,042)

  Stock transfer                             500            -0-           (500)

  Office and postage                        --              500            500
                                         -------        -------        -------

Total expenses                             4,272          3,230         (1,042)
                                         -------        -------        -------



  Net Loss                               $(4,272)       $(3,230)       $(1,042)
                                         =======        =======        =======



                 See accompanying notes to financial statements.

                                       5
<PAGE>
<TABLE>
<CAPTION>

                       RENEGADE VENTURE (NEV.) CORPORATION
                          (A Development Stage Company)
                            Statements of Cash Flows
                                   (Unaudited)


                                                                     Cumulative from
                                                                         inception
                                                                      (Feb. 13, 1989)
                                            For The Three Months Ended    through
                                               March 31,   March 31,      March 31,
                                                  1999        1998          1999
                                                  ----        ----          ----


Cash flow operating activities
<S>                                            <C>         <C>            <C>      
  Net loss                                     $ (4,272)   $ (3,230)      $(95,270)
  Adjustments to reconcile net loss to net
   cash used by operating activities:                 0           0              0
    Amortization                                      0           0          1,760
    Increase (decrease) in
      accounts payable                            1,572       2,380         42,645
                                               --------    --------       --------


Net cash provided by (used In)
  operating activities                           (2,700)       (850)       (51,165)


Cash flow from investing activities

  Organization costs incurred                         0           0         (1,760)
                                               --------    --------       --------

Cash flows from financing activities

 Net proceeds from issuance of
    common stock                                      0           0         63,125
                                               --------    --------       --------


Net increase (decrease) in cash                  (2,700)       (850)        10,200

Cash and cash equivalents at beg. period         12,900      17,628              0
                                               --------    --------       --------


Cash and cash equivalents at end of period     $ 10,200    $ 16,778       $ 10,200
                                               ========    ========       ========




                 See accompanying notes to financial statements.

                                       6
</TABLE>

<PAGE>

                       RENEGADE VENTURE (NEV.) CORPORATION
                          (A Development Stage Company)
                          Notes To Financial Statements
                                 March 31, 1999


1. Description of Business

     Renegade  Venture  Corporation (the "Company") was incorporated on February
13, 1989. The Company was formed as a Blank Check Company to obtain funding from
a public offering in order to provide a vehicle to acquire or engage in business
opportunities  that management  believes have potential for  profitability.  The
Company continues to seek a viable  prospective  opportunity and has not engaged
in any other activity.

     During 1997, the Company was redomiciled as a Nevada corporation  through a
merger  with  a  newly  formed  Nevada  corporation,   Renegade  Venture  (Nev.)
Corporation, a wholly-owned subsidiary of Renegade Venture Corporation.

     Development stage - The Company is in the development  stage, as defined in
the Statement of Financial  Accounting Standards No. 7, as revenues have not yet
been generated from planned operations.

2. Summary of Significant Accounting Policies

     Cash and cash  equivalents - Cash held by trustee,  certificates of deposit
and checking  accounts are considered cash and cash  equivalents for purposes of
the statement of cash flows.

     Organization  costs - Certain  costs  incurred to set up the  Company  were
capitalized and amortized over five years. These costs are fully amortized.

     Income taxes - The Company  accounts  for income  taxes under  Statement of
Financial  Accounting Standards No. 109 ("FASB No.109").  Temporary  differences
are  differences  between  the tax basis of  assets  and  liabilities  and their
reported  amounts in the  financial  statements  that will  result in taxable or
deductible amounts in future years. The Company's temporary  difference consists
of net operating loss carryforwards.

3. Common Stock Transactions

     During  1989,  the Company  completed a public  offering.  The Company sold
5,000,000 units  consisting of 2 shares of $.0001 par value common stock and one
Class A common  stock  purchase  warrant at $.02 per unit.  The Class A warrants
entitled the holder to purchase one share of common stock at $.02 per share, and
receive one Class B warrant  which  entitled the holder to purchase one share of
common stock at $.04 per share. In addition, the underwriter was issued warrants
which entitled them to purchase  500,000 of the public  offering units discussed
above with an exercise price of $.024 per unit for a flat fee of $50. A total of
$100,050 was raised in this initial  public  offering,  less $37,425 in offering
costs.  Prior to the initial  public  offering,  22,000,000  common  shares were
issued to the founder  and other  insiders  for their  efforts in setting up the
Company.

     During  1989,  an  additional  7,500,000  Class A warrants  were  issued to
non-affiliated  individuals for $500. All warrants,  including the Class A and B
and Underwriter warrants,  have since expired unexercised.  No additional shares
have been issued since this initial public offering described above.

     On April 9, 1994, the majority  shareholder and founder of the Company sold
90% of his interest to an unaffiliated  group. At that time, the former officers
and  directors  resigned and control of the company  shifted to the new majority
shareholders.

     Effective  August 9, 1996 the  Company's  articles  of  incorporation  were
amended,  making several changes  affecting common stock. A reverse-stock  split
was approved, whereby each 100 shares of original common stock were changed into
one share of common stock. This action reduced the number of outstanding  common
shares from 3,200,000 to 320,000.

     The number of  authorized  common  shares was  increased  after the reverse
split from 32,000,000 to 50,000,000. Finally, the number of authorized preferred
shares was changed to  5,000,000.  No preferred  shares have ever been issued by
the  Company.  Upon  part of the 1997  redomiciliation  to Nevada  (see  below),
statutory  par  value  of  $.001  for  both  common  and  preferred   stock  was
established.

                                        7

<PAGE>


     During 1996,  the  Company's  shareholders  approved the 1994  Compensatory
Stock  Option  Plan.  The plan  provides for options to purchase up to 2,000,000
shares of common stock,  after the  reverse-stock  split  discussed  above.  The
options  give the  right to  purchase  common  stock at "fair  market  value" as
determined  by the Board of Directors at the date of issuance for a period of up
to five years.

     During 1996,  the Company's  shareholders  approved the 1994 Employee Stock
Compensation  Plan. This plan allows for up to 1,000,000 shares of common stock,
after the reverse- stock split  discussed  above, to be issued to key employees,
officers,  directors and certain other  persons  affiliated  with the Company as
compensation.  As part of the 1997  redomiciliation  to Nevada (see below),  the
1994 plans described above were adopted and renamed the 1997 Compensatory  Stock
Option  Plan  and the  1997  Employee  Stock  Compensation  Plan  by the  Nevada
corporation.  As of  September  30,  1998,  no  stock  options  under  the  1997
Compensatory  Stock Option plan,  nor have any common  shares of stock under the
Employee Stock Compensatory Plan been issued.

     During 1997, the company redomiciled to the state of Nevada by merging with
a newly formed Nevada  corporation,  Renegade Venture (Nev.)  Corporation.  Each
share of the 320,000  post-reverse split shares of Renegade Venture  Corporation
was  converted  into  one  fully  paid,   non-assessable  share  of  the  Nevada
corporation.

4. Related Party Transactions

     Since  1994,  the Company  has  maintained  its office at the office of the
Company's  legal  counsel,  who is also a director  of the  Company.  No rent is
charged to the Company for the use of this office  space.  During 1998 and 1997,
this director  charged the Company $2,950 and $35,500,  respectively,  for legal
services performed during the year. All of these fees are unpaid and included in
accounts payable in the accompanying financial statements. The remaining balance
in  accounts  payable  for 1999  and 1998  includes  expenses  incurred  by this
director on behalf of the Company.  This director does not intend to be paid for
these fees and expenses from the Company's current operating capital.

5. Income Taxes

     Effective  January 1, 1993, the Company  adopted FASB No. 109,  "Accounting
For Income Taxes". Under the provisions of FASB No. 109, the Company elected not
to  restate  prior  years  and  determined  that the  cumulative  effect of this
accounting  change was  immaterial.  Additionally,  adopting this change did not
have a material effect on the operating  results for the year ended December 31,
1993.

     The difference  between the tax basis of assets and liabilities  gives rise
to a net  deferred  tax asset of  approximately  $18,700  consisting  of the tax
effects of net operating loss  carryforwards.  As of March 31, 1999, a valuation
allowance equal to the net deferred tax asset  recognized has not been recorded,
as it was determined that the deferred tax asset may never be realized.

     At March 31, 1999,  the Company has a net operating  loss  carryforward  of
approximately  $95,000 which expires  between the years ended  December 31, 2006
and 2014.

                                        8

<PAGE>

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


     BACKGROUND.  Renegade Venture  Corporation was incorporated in the state of
Colorado on February 13, 1989. On September 22, 1997, it was  redomiciled to the
state of Nevada by merging into its wholly  owned  subsidiary  Renegade  Venture
(Nev.) Corporation ("Company"),  a Nevada corporation,  which now is the name of
the Company.

     The merger  effected a 1:1 stock  exchange,  where the 320,000  outstanding
shares of common  stock,  no par value,  of Renegade  Venture  Corporation  were
exchanged for 320,000 shares of common stock, $.001 par value, of the Company.

     The  Company  is in the  development  stage in  accordance  with  Financial
Accounting Standards Board Standard No. 7. The Company has not been operational,
other than  occasionally  searching  for a business  or venture to  acquire,  as
described below, or had revenues other than interest income since its inception.

     On May 4, 1990,  the  Company  completed  a small  public  offering  of its
securities  made  pursuant to a  registration  statement  of Form S-18,  selling
5,000,000 of 7,500,000  units  offered,  at the price of $.02 per unit.  In this
offering  the Company  realized  net  proceeds  of $61,476 on gross  proceeds of
$100,000  raised in the  offering.  Each unit sold  consisted  of TWO  shares of
common  stock of the  Company,  $.0001 par value,  and ONE Class A Common  Stock
Purchase  Warrant,  exercisable  until  December 7, 1991,  at a price of $.02 to
purchase  one  share of  common  stock  and one  Class B Common  Stock  Purchase
Warrant.  All of the Class A and Class B warrants  expired  without  having been
exercised.

     FORWARD LOOKING  STATEMENTS.  This report contains certain  forward-looking
statements and information relating to the Company that are based on the beliefs
of its  management  as well as  assumptions  made by and  information  currently
available to its management.  When used in this report, the words  "anticipate",
"believe",  "estimate",  "expect",  "intend", "plan" and similar expressions, as
they  relate  to the  Company  or  its  management,  are  intended  to  identify
forward-looking  statements.  These statements reflect management's current view
of the company with respect to future  events and are subject to certain  risks,
uncertainties  and  assumptions.  Should  any of these  risks  or  uncertainties
materialize,  or should underlying  assumptions prove incorrect,  actual results
may  vary  materially  from  those  described  in this  report  as  anticipated,
estimated or  expected.  The  Company's  realization  of its business  aims will
depend  in  the  near  future  principally  on  the  successful  acquisition  of
operations or origination of a business as discussed below.

     BUSINESS OF THE  COMPANY.  The  Company's  business is to either  acquire a
small to  medium-size  business (or its assets)  actively  engaged in a business
generating revenues or having immediate prospects of generating revenues,  or to
originate a business.  Due to its current lack of cash,  the Company  intends to
acquire a business by issuing shares of the Company's stock in a merger or stock
exchange.  Originating a business,  on the other hand, would require  sufficient
cash to launch the  business,  and the  origination  of a business  may  involve
starting  a  business  from  scratch  or may take  another  form such as a joint
venture,  partnership or other  association with other individuals or companies.
In order to avoid becoming  subject to regulation  under the Investment  Company
Act of 1940,  as  amended,  the  Company  does  not  intend  to  enter  into any
transaction  involving  the purchase of another  corporation's  stock unless the
Company can acquire at least a majority interest in that corporation.

     The Company has not identified any industry,  segment within an industry or
type of business, nor geographic area, in which it will concentrate its efforts,
and any  assets  or  interest  acquired  or  business  originated  may be in any
industry or  location,  anywhere in the world.  In regard to  acquisitions,  the
Company  will  give  preference  to  profitable  companies  or  ventures  with a
significant asset base sufficient to support a listing on a national  securities
exchange or quotation on the NASDAQ Small Cap Market. There is no assurance that
the Company will be successful  in acquiring or  originating  any business.  The
Company has no  operations  or source of revenues and has no assets other than a
nominal amount of cash.

     RESULTS OF OPERATIONS - FIRST QUARTER 1999.  During the quarter ended March
31,  1999,  the first  quarter of the year,  the Company  incurred a net loss of
$4,272.  Expenses for the first quarter  related  primarily to accounting  fees,
legal fees and other costs incurred in regard to the Company's SEC filings.  The
Company paid no rent or salaries during the quarter.

     RESULTS OF OPERATIONS - FIRST QUARTER 1998.  During the quarter ended March
31,  1998,  the  Company  had no  revenues  and  incurred  a net loss of $3,230.
Expenses for the first  quarter of 1998 related  primarily to  accounting  fees,
legal fees and other costs incurred in regard to the Company's SEC filings.. The
Company paid no rent or salaries during the first quarter of 1998.

                                        9

<PAGE>


     LIQUIDITY  AND CAPITAL  RESOURCES.  The Company had $10,200 cash on hand at
the end of the first quarter.  The Company has, since  inception,  accumulated a
deficit (net loss) of $95,570.  The Company had no other liquid assets,  nor any
current plans to raise capital.  Whether the Company  ultimately becomes a going
concern  depends  upon its success in finding and  acquiring a suitable  private
business and the success of that acquired  business.  At this time,  the Company
has no commitment for any capital  expenditure  and foresees  none.  Offices are
provided without charge to the Company.  However, the Company will incur routine
fees and expenses incident to filing of periodic reports with the Securities and
Exchange  Commission,  and it will incur fees and expenses in the event it makes
or attempts to make an acquisition.  As a practical matter,  the Company expects
no significant operating costs other than professional fees payable to attorneys
and accountants.

     In regard to a proposed acquisition,  the Company anticipates requiring the
target  company to deposit with the Company a retainer which the Company can use
to defray such professional fees and costs. In this way, the Company could avoid
the  need to  raise  funds  for  such  expenses  or  becoming  indebted  to such
professionals.  Moreover,  investigation  of  business  ventures  for  potential
acquisition  will involve  some costs,  at the least  postage and  long-distance
telephone charges. Management hopes, once a candidate business venture is deemed
to be  appealing,  to likewise  secure a deposit  from the  business  venture to
defray  expenses  of  further  investigation,  such as air  travel  and  lodging
expenses. An otherwise desirable business venture may, however,  decline to post
such a deposit.

     The Company has no credit  available  to it and is unable to borrow  money.
Management  does not anticipate  raising funds through the sale of securities or
otherwise,  and it is  unlikely  that  significant  funds  could be  raised in a
securities  offering,  in  any  event.  This  inability  to  raise  funds  could
negatively affect the Company's realization of its business purpose.


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

     (a)  EXHIBITS. Exhibit 27 - Financial Data Schedule.

     (b)  REPORTS ON FORM 8-K. None

                                   SIGNATURES

     In accordance  with the  requirements  of the Exchange Act, the  Registrant
caused this Report on Form 10-QSB to be signed on its behalf by the undersigned,
thereunto duly authorized.


DATED: May 13, 1999
                                      RENEGADE VENTURE (NEV.)CORPORATION


                                                       
                                      By /s/ Randy J. Sasaki
                                        ----------------------------------------
                                        Randy J. Sasaki, Chief Executive Officer
                                        and Chief Financial Officer


                                       10